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Category: GlobeNewswire

  • MIL-OSI: AMD Announces “Advancing AI 2025”

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced “Advancing AI 2025,” an in-person and livestreamed event on June 12, 2025. The industry event will showcase the company’s bold vision for AI, announce the next generation of AMD Instinct™ GPUs, AMD ROCm™ open software ecosystem progress, and reveal details on AI solutions for hyperscalers, enterprises, developers, startups and more.

    AMD executives and AI ecosystem partners, customers and developers will join Chair and CEO Dr. Lisa Su to discuss how AMD products and software are re-shaping the AI and high-performance computing landscape.

    The live stream will start at 9:30 a.m. PT/12:30 p.m. ET on Thursday, June 12 on the AMD YouTube channel.

    About AMD
    For more than 50 years AMD has driven innovation in high-performance computing, graphics, and visualization technologies. Billions of people, leading Fortune 500 businesses, and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work, and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, and Twitter pages.

    AMD, the AMD Arrow logo, AMD Instinct, ROCm and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

    The MIL Network –

  • MIL-OSI: Fusion Fuel Signs Non-Binding Letter of Intent to Acquire British Fuel Distribution Company

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ireland, April 09, 2025 (GLOBE NEWSWIRE) — via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering and advisory solutions, today announced that it has signed a non-binding letter of intent (“LOI”) to acquire 100% of a privately held British fuel distribution company (the “Target”).

    In the proposed acquisition, the Company will purchase 100% of the outstanding shares of the Target from its shareholders for total consideration valued at £50 million, consisting of £25 million in cash funded through debt financing, £2 million in cash financed from a capital raise, £8 million in the Company’s shares subject to a make-whole agreement, and two additional payments of £7.5 million cash each within nine months and 18 months from the closing.

    The Target reported over $50 million in revenue and $4 million in net income for the year ending in 2023 and delivered strong growth in 2024, generating over $54 million in revenue and $7 million in net income. The transaction, if consummated, would mark a significant expansion of Fusion Fuel’s presence in the energy distribution sector, aligning with the Company’s broader strategic objectives.

    John-Paul Backwell, Chief Executive Officer of Fusion Fuel, commented: “This proposed transaction reflects our progress in executing our growth strategy, which began with our acquisition of Quality Industrial Corp. late last year. Our short-term priority is to build a synergistic portfolio of profitable and cash-generating businesses across the energy value chain. In addition to significantly increased revenues and profitability, acquiring this United Kingdom-based fuel distribution company would enable us to expand our footprint in the energy distribution space while also broadening our geographic presence into a key new market.”

    The LOI is non-binding, and consummation of the transaction remains subject to further due diligence, the negotiation of definitive agreements, and the satisfaction of customary closing conditions, including regulatory approvals. The Company expects to provide further updates as discussions progress.

    About Fusion Fuel Green PLC

    Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy supply, distribution, and engineering and advisory solutions through its Al Shola Gas and BrightHy brands. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.

    Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn.

    Forward-Looking Statements

    This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties, including without limitation, the Company’s ability to enter into a definitive share purchase agreement with the shareholders of the Target, the ability of the parties to complete their due diligence and all other closing conditions, the Company’s ability to complete the proposed acquisition and integrate the Target’s business, obtain all necessary regulatory and other consents and approvals in connection with the transaction, andthose set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission on April 30, 2024, which could cause actual results to differ from the forward-looking statements.

    Investor Relations Contact

    ir@fusion-fuel.eu

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI: Flourish Announces Relationship with Carson Group

    Source: GlobeNewswire (MIL-OSI)

    New York, April 09, 2025 (GLOBE NEWSWIRE) — Flourish, a platform that helps registered investment advisors (RIAs) grow by evolving from holistic advice to holistic implementation, today announced a new relationship with Carson Group Partners (“Carson”), a financial advisory network of more than 150 RIA offices and approximately $42B in assets under management. The partnership will bring Flourish Cash, Flourish’s flagship cash management offering, to all Carson advisors.

    Carson manages approximately $42 billion in assets and counts more than 52,000 client families in its advisory network. This new relationship reinforces the importance of cash being a part of the client-advisor strategic conversation. 

    “Industry research and our own Flourish data confirm that high and ultra-high net worth investors hold about 20% of their net worth in cash. These funds are typically sitting in checking and savings accounts earning next to nothing and often well over the FDIC limits, unprotected from potential bank failures,” said Flourish CEO Max Lane. “While held-away savings are discussed as part of holistic planning, without a specific advisor-centric solution there’s often no follow-through on optimizing reserve cash. This partnership gives Carson advisors an integrated, secure, higher yielding cash option to optimize clients’ held-away cash while also uncovering new assets to drive organic growth.

    “Carson is committed to equipping our advisors with innovative financial tools that elevate client results and solve real world needs. Flourish serves to help advisors execute on financial plans, unlocking growth and adding protection,” said Dani Fava, Chief Strategy Officer at the Carson Group. “This partnership strengthens advisor capabilities while seamlessly integrating into existing workflows. The greater visibility into clients’ cash savings offers advisors a route to growth.”

    Flourish’s products are built exclusively for RIAs and help financial advisors bring held-away assets into their orbit. Flourish also offers Flourish Annuities, an end-to-end digital annuities solution that makes it easy for RIAs to include annuities in client portfolios.

    Over 900 RIAs managing over $1.6 trillion in combined assets trust Flourish to help them fully execute financial plans and bring more assets into their orbit. As a platform that helps RIAs grow by evolving from holistic advice to holistic implementation, Flourish also allows advisors to feature their firm’s branding as well as providing client-friendly marketing materials, premium support, and more.

    ABOUT FLOURISH
    Flourish builds technology that empowers financial advisors, improves financial lives and retirement outcomes, and delivers new and innovative investment options to advisors. Today, the Flourish platform supports more than $7 billion in assets under custody and is used by more than 900 wealth management firms representing more than $1.6 trillion in assets under management. Flourish is wholly-owned by Massachusetts Mutual Life Insurance Company (MassMutual). For more information, visit www.flourish.com. 

    ABOUT CARSON GROUP
    Headquartered in Omaha, Nebraska, Carson Group serves financial advisors and investors through its three businesses — Carson Wealth, Carson Coaching and Carson Partners. Carson Group has created an ecosystem dedicated to helping financial advisors unleash the full potential of their firms by providing marketing, compliance, technology, investment strategies, succession planning, M&A support, and coaching. The company currently manages approximately $42 billion* in AUM and serves more than 52,000 families among its advisor network of 150+ partner offices, including 50+ Carson Wealth locations. For more information, visit www.carsongroup.com.

    *Combined AUM of CWM, LLC and NWCM.

    Forward Looking Statements

    This press release may contain forward looking statements that are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied.

    This feedback may not be representative of the experience of other customers, and is not a guarantee of future performance or success. 

    Flourish is an online platform through which investors can access financial services and products. Flourish’s offerings are provided by different entities and are subject to different terms, investor protections, and risks. Flourish Cash is offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA’s BrokerCheck. Flourish Annuities refers generally to the annuity platform operated by Flourish Technologies LLC and to Flourish Insurance Agency LLC, and, where applicable, Flourish Financial LLC. Flourish Insurance Agency operates in its capacity as a licensed insurance producer with offices in Jersey City, New Jersey, and does business in California under the name Flourish Digital Insurance Agency, providing insurance services related to such platform. Variable annuities, defined in this context to include Registered Index-Linked Annuities (“RILAs”), are offered through Flourish Financial LLC. Annuities shown on the platform are sold through Flourish Annuities, and are issued by one or more licensed insurance companies. The Flourish entities mentioned above are affiliates. Flourish Cash and Flourish Annuities accounts are separate accounts and only assets in Flourish Cash accounts may be eligible for protection by the FDIC or SIPC. Please review the Legal section of our website, and the disclosures provided with each Flourish service or product for further information. If you were introduced or invited to Flourish by an investment advisor or other third party, please be aware that, unless otherwise disclosed to you, they are not affiliated with any Flourish entity. The role of the investment advisor or other firm that invited you to Flourish may vary between different Flourish services and products, as further described in your terms of service. © 2025 Flourish. All rights reserved.

    A Flourish Cash account is a brokerage account offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA’s BrokerCheck. The cash balance in a Flourish Cash account will be swept from the brokerage account to deposit account(s) at one or more third-party Program Banks that have agreed to accept deposits from customers of Flourish Financial LLC. The accounts at Program Banks will pay a variable rate of interest. The cash balance in a Flourish Cash account that is swept to one or more Program Banks is eligible for FDIC insurance, subject to FDIC rules, including FDIC aggregate insurance coverage limits. FDIC insurance will not be provided until the funds arrive at the Program Bank. Flourish Cash’s current Program Banks can be found here. For additional information regarding FDIC coverage, visit https://fdic.gov/ and https://www.flourish.com/advisors.

    The MIL Network –

  • MIL-OSI: BlackLine Recognized in Report on Top AI Use Cases for Accounts Receivable Automation in 2025

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) — BlackLine, Inc. (Nasdaq: BL), has been recognized in the recently published Forrester Report: Top AI Use Cases for Accounts Receivable Automation in 2025. The report highlights key areas where artificial intelligence is transforming the accounts receivable (AR) function, with BlackLine cited for its capabilities in three essential categories: Collection Management, Explainability and Transparency, and Model Bias and Inaccuracy.

    According to the report,

    “BlackLine trains AI models with diverse data sets to minimize bias and continuously monitors prediction accuracy, with human reviews to ensure performance.”

    “Finance & accounting leaders want AI they can trust—not just to automate workflows, but to enhance judgment, reduce risk, and ensure data integrity,” said Charlie Gaulke, SVP of Product Management at BlackLine. “For us, being recognized for mitigating model bias and increasing accuracy reflects our commitment to delivering responsible, explainable, and user-controlled AI—grounded in the real-world needs of the Office of the CFO.”

    The Forrester report also recognized BlackLine’s AR Intelligence solution in the following areas:

    • Collection Management: “BlackLine’s AR Intelligence forecasts invoice payments, enabling proactive collection.”
    • Explainability and Transparency: “BlackLine provides visualizations, dashboards, and interfaces to help users understand AI outputs, using interpretable models and explainable AI techniques for transparency.”

    BlackLine’s AR Intelligence applies machine learning to help organizations reduce days sales outstanding (DSO), improve working capital performance, and increase the accuracy of cash forecasting—while maintaining full transparency into how AI-generated insights are produced and validated.

    “Our vision is to bring autonomous finance to every company in the world,” said Jeremy Ung, Chief Technology Officer at BlackLine. “That means using AI not just to automate tasks, but to elevate human judgment—so people become exception handlers and reviewers, while AI handles the heavy lifting. In the year ahead, we’re focused on automating the preparer and collector roles and augmenting the reviewer and approver. It’s part of our broader mission to deliver agentic, explainable, and high-impact AI use cases that move the Office of the CFO toward faster, smarter, and more trusted financial operations.”

    The Forrester: Top AI Use Cases for Accounts Receivable Automation in 2025 report, authored by Meng Liu and contributors, was published on March 14, 2025. It provides a roadmap for finance and technology leaders seeking to adopt AI in AR processes more effectively.

    To learn more about BlackLine’s AI solutions, visit: https://www.blackline.com/why-blackline/blackline-ai/

    MEDIA CONTACT:

    Samantha Darilek

    VP, Communications

    P. 877-777-7750

    E: samantha.darilek@blackline.com

    The MIL Network –

  • MIL-OSI: Wix Launches Astro, an AI-powered Assistant for Site and Business Management

    Source: GlobeNewswire (MIL-OSI)

    Astro transforms the Wix dashboard experience, simplifying site and business management and helping to improve efficiency 

    NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced the launch of Astro, its AI-powered business assistant. This innovative tool simplifies the user experience by allowing users to query and perform various business and back-office tasks directly from the chat interface. Astro marks the beginning of a series of agents that will be rolled out to Wix users, setting the stage for enhanced productivity and providing more opportunities to monetize and grow their businesses. 

    Astro provides users with seamless access to essential tools and insights, enhancing efficiency and simplifying site operations. Integrated throughout the dashboard, the assistant allows users to ask questions, optimize site settings, complete tasks, and discover useful features. By guiding users toward relevant tools and add-ons, Astro is expected to drive app installations, increase package upgrades, and encourage the adoption of premium features, ultimately improving collections and helping reduce churn.

    “Astro seamlessly integrates powerful capabilities into a single interface, making it easier than ever for users to manage their businesses efficiently,” said Guy Sopher, Head of the AI Platform Group at Wix. “With this being the largest collection of skills we’ve ever incorporated into a single assistant at Wix, boasting hundreds of different skills and capabilities, with more added every day, Astro acts as a trusted guide, Astro provides real-time insights and personalized recommendations to help users optimize their sites. By streamlining workflows and simplifying access to essential tools, it empowers users to accomplish more in less time. As they engage more deeply with the platform’s features, they can ultimately unlock greater opportunities for growth, visibility, and business success.”

    Capabilities of the business assistant include:

    • Data-Driven Insights & Optimization: Users can track their site’s performance, analyze visitor behavior, and generate reports to gain valuable insights. Astro helps monitor website traffic, assess sales trends, and evaluate SEO performance to optimize growth strategies.
    • Creative Content Creation: Astro enables users to create and manage blog posts, incorporate media, email marketing and marketing content for different social media platforms. It also supports setting up structured online programs for training or learning, ensuring content is well-organized and easily discoverable by search engines.
    • Drive Business Expansion: Users can leverage Astro to expand business opportunities by adding new products, exploring dropshipping options, and customizing site services.
    • Seamlessly Manage Subscriptions and Permissions: Users can manage their site’s premium plans, receive personalized plan recommendations, and access billing history, invoices, and transaction details. Additionally, users can easily manage roles and permissions and invite collaborators to the site.

    Astro is for Wix and Wix Studio users in English, gradually rolling out in other languages. Learn more about Wix’s AI solutions here. 

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of H1 2024.

    Attachments

    The MIL Network –

  • MIL-OSI: BNP Paribas Primary New Issues: POST STAB: No Stab Notice – Empark

    Source: GlobeNewswire (MIL-OSI)

    9/04/25

    Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

    Empark

    Post-stabilisation Period Announcement

    NO STABILISATION CARRIED OUT

    [Further to the pre-stabilisation period announcement dated [25/03/2025] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

    Securities

    Issuer: Empark
    Guarantor(s) (if any): N/A
    Aggregate nominal amount: EUR 300,000,000
    Description: 3E+2.5% March 2030
    Offer price: 100

    Stabilisation Manager(s)

    Name(s): BNP PARIBAS; GOLDMAN SACHS

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

    The MIL Network –

  • MIL-OSI: Spine Wave Announces the Commercial Launch of Tempest® DCF Demineralized Cortical Fibers

    Source: GlobeNewswire (MIL-OSI)

    SHELTON, Conn., April 09, 2025 (GLOBE NEWSWIRE) — Spine Wave is pleased to announce the successful completion of its limited market release of Tempest® DCF Demineralized Cortical Fibers and its entry into the cortical fiber segment of the spinal allograft market. This appealing new allograft broadens Spine Wave’s position in the large and growing spinal biologics market and well complements its established biologics and graft delivery portfolio. Tempest® DCF Demineralized Cortical Fibers is now fully launched and available from Spine Wave, effective immediately.

    Tempest® DCF Demineralized Cortical Fibers is composed entirely of human allograft cortical bone with osteoconductive and osteoinductive potential. Because no carrier materials are included, surgeons are confident that they are getting the absolute most from each graft. The proprietary processing technology used to formulate Tempest® DCF Demineralized Cortical Fibers maintains tissue integrity and maximizes allograft surface area for cellular proliferation and fiber adhesion. Tempest® DCF Demineralized Cortical Fibers has ideal handling characteristics for fluid retention and expansion and is moldable and pliable to fit into any space. Tempest® DCF Demineralized Cortical Fibers rehydrate quickly with bone marrow aspirate, platelet rich plasma, antibiotics, whole blood, or saline and it resists irrigation after implantation.

    Spine Wave’s GraftMag® Graft Delivery System, which is designed to safely and rapidly deliver large amounts of bone graft, can be used together with Tempest® DCF Demineralized Cortical Fibers.   The GraftMag® Graft Delivery System can transform the tedious and sometimes frustrating graft delivery process into a more efficient part of spine fusion surgery. And using GraftMag® Graft Delivery System may reduce injury risk because it reduces instrument passes by sensitive patient anatomy.  

    The patented GraftMag® Graft Delivery System is comprised of two single use graft magazines that are loaded with bone graft on the back table. The magazines couple with the system’s specially designed funnels to rapidly deliver large amounts of graft into the graft site. This appealing grafting approach can reduce frustrating funnel jams and requires only one instrument pass into the graft site to complete the grafting procedure. The GraftMag® Graft Delivery System can be used in virtually any thoracolumbar spine fusion procedure and with any interbody device. However, it integrates particularly well with Spine Wave’s exciting line of titanium expandable interbody fusion products; the recently launched Exceed® Biplanar Expandable Interbody Device and the well-established Leva® Interbody Device, each of which uniquely accommodates large amounts of bone graft.

    “Tempest® DCF Demineralized Cortical Fibers are my allograft choice for spine fusion surgery,” said Stuart D. Kinsella, MD, MSTR. “My procedures often require large amounts of allograft. I appreciate that Tempest® DCF Demineralized Cortical Fibers maximizes the amount of actual bone in each implanted graft because it is one hundred percent human cortical bone tissue. Also, Tempest® DCF Demineralized Cortical Fibers is versatile because it has great handling and is compatible with GraftMag® Graft Delivery System, which allows delivery of a lot of bone graft safely, quickly and easily.”  Dr. Kinsella is a practicing orthopaedic surgeon at the Steadman Clinic and the Steadman Philippon Research Institute in Aspen, Colorado, USA. 

    “We are very excited to launch Tempest® DCF Demineralized Cortical Fibers as our newest biologic product.  This new allograft performed well in its limited market release and is a great addition to our established line of biologics and graft delivery products,” said Laine Mashburn, Spine Wave’s Executive Vice President for Global Marketing and Business Development.  He continued, “Spine Wave partnered with the respected LifeLink® Tissue Bank to bring Tempest® DCF Demineralized Cortical Fibers to market and our sales team has hit the ground running.  We are making the most of this new opportunity, right now.”

    About Spine Wave
    Spine Wave is a leader in minimally invasive spine surgery and expandable interbody devices. The company is committed to offering differentiated product and procedure solutions for spine surgeons and their patients. Spine Wave offers a broad portfolio of advanced spine implant and biologic products. The company is always looking to expand and continues to recruit sales managers and independent distributors to fuel growth. For more information on Spine Wave and its products please visit www.spinewave.com.

    Contact
    Laine Mashburn, Executive Vice President, Global Marketing and Business Development
    lmashburn@spinewave.com
    (203) 712-1863

    The MIL Network –

  • MIL-OSI: 5th Gen AMD EPYC Processors Deliver Leadership Performance for Google Cloud C4D and H4D Virtual Machines

    Source: GlobeNewswire (MIL-OSI)

    — New instances provide enterprises with high-performance, scalable, and cost-effective cloud computing solutions —

    SANTA CLARA, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced the new Google Cloud C4D and H4D virtual machines (VMs) are powered by 5th Gen AMD EPYC™ processors. The latest additions to Google Cloud’s general-purpose and HPC-optimized VMs deliver leadership performance, scalability, and efficiency for demanding cloud workloads; for everything from data analytics and web serving to high-performance computing (HPC) and AI.

    Google Cloud C4D instances deliver impressive performance, efficiency, and consistency for general-purpose computing workloads and AI inference. Based on Google Cloud’s testing, leveraging the advancements of the AMD “Zen 5” architecture allowed C4D to deliver up to 80% higher throughput/vCPU compared to previous generations. H4D instances, optimized for HPC workloads, feature AMD EPYC CPUs with Cloud RDMA for efficient scaling of up to tens of thousands of cores.

    “Since our launch, 5th Gen AMD EPYC solutions have been widely adopted across our OEM partners, enterprise customers, and now we’re excited to bring it to the cloud,” said Dan McNamara, senior vice president and general manager, Server Business, AMD. “Our deep technology partnership with Google Cloud enabled them to rapidly adopt the latest AMD EPYC processors to deliver consistent high performance and cost-efficient instances for their most demanding customers.”

    “Google Cloud is committed to delivering high-performance, secure, and scalable compute solutions to our customers,” said Mark Lohmeyer, vice president and general manager, Compute and Machine Learning Infrastructure, Google Cloud. “With the introduction of C4D and H4D instances powered by AMD EPYC processors, businesses can benefit from cutting-edge performance and efficiency, tailored to their cloud-native and enterprise applications.”

    Both C4D and H4D virtual machines are available in preview now, with general availability planned for later in the year across multiple global regions.

    Supporting Resources

    About AMD
    For more than 50 years AMD has driven innovation in high-performance computing, graphics, and visualization technologies. Billions of people, leading Fortune 500 businesses, and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work, and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, and Twitter pages.

    AMD, the AMD Arrow logo, EPYC and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

    The MIL Network –

  • MIL-OSI: Fideres Announces Affiliation of Leading Financial Economist Dr. Matthew D. Cain

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — Fideres, a global economic consultancy renowned for supporting complex financial litigation for its law firm clients, is proud to announce the affiliation of Dr. Matthew D. Cain.

    Under this agreement, Dr. Cain will serve as a testifying expert and lead Fideres’ expanding securities litigation practice in the United States.

    One of the most prominent testifying experts in U.S. securities litigation, Dr. Cain has provided expert analysis in more than 60 major securities and regulatory enforcement matters, including numerous headline cases brought by the U.S. Securities and Exchange Commission.

    “This is a game-changing move for Fideres and our clients in the plaintiff bar,” said Alberto Thomas, co-founder and managing partner at Fideres USA. “Matt’s partnership with us signals our deep commitment to supporting our clients’ most challenging and impactful cases.”

    This partnership will enable Fideres’s clients to pursue high-stakes, complex litigation with best-in-class economic analysis and support.

    “Working directly with Fideres affords me the ability to focus and lend my experience to an organization with a rich history of affecting change through securities litigation, rooted in academic rigor, innovative economic analysis, and strategic execution,” said Dr. Cain.

    Dr. Cain has held senior academic appointments at the New York University School of Law and the University of California, Berkeley School of Law. He also served as a Financial Economist in the SEC’s Office of Litigation Economics and as an advisor to SEC Commissioner Robert J. Jackson, Jr. His research has been widely published in leading academic and legal journals, with a focus on securities litigation, disclosure, and corporate governance. Dr. Cain holds a Ph.D. in Finance from Purdue University and a Bachelor of Science in Finance from Grove City College.

    About Fideres
    Founded in 2009, Fideres is a consultancy specializing in economic analysis and expert witness services for complex litigation, particularly in the areas of antitrust, financial markets, and consumer protection. The firm has advised claimants in some of the most significant economic and antitrust cases globally and maintains offices in New York and other major jurisdictions worldwide.

    For more information click here.

    Media Contact:
    Mark Firmani
    mark@firmani.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0306a3cf-81d8-4a84-9c34-0246e55e8900

    The MIL Network –

  • MIL-OSI: NANO Nuclear Announces Sponsorship and Executive Speaking Engagements at the Upcoming Innovation Zero World Congress 2025 on April 29-30th in London

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., April 09, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced its sponsorship of the Innovation Zero World Congress 2025, to be held on April 29th and 30th, 2025 at Olympia London, UK.

    NANO Nuclear Chief Executive Officer, James Walker, will deliver a presentation titled “Finding Opportunities in the Resurgent Nuclear Energy Industry” on April 30th at 11:05 a.m., London time, followed by his participation in the panel discussion “Fixing Fission: Green Taxonomies and Red Tape in Nuclear” at 11:35 a.m., London time, the same day.

    Supported by the U.K. Government, the Innovation Zero World Congress 2025 provides a space and opportunity for collaboration and overcoming obstacles to drive large-scale, impactful progress towards global emissions reduction. Approximately 10,000 attendees are expected to arrive at Olympia London, providing an excellent platform for networking, investment exploration, and knowledge sharing. With over 250 sessions taking place across 13 dedicated forums, Innovation Zero is an essential meeting place for anyone looking to keep up with the latest trends, investment opportunities, and announcements.

    Figure 1 – NANO Nuclear Energy Inc. Sponsors Innovation Zero World Congress, held on April 29th– 30th, 2025 at Olympia London, UK.

    “NANO Nuclear is off to a strong start to 2025, and this year’s Innovation Zero conference is an ideal platform to share our recent progress and upcoming plans with stakeholders and fellow clean-tech industry leaders,” said Jay Yu, Founder and Chairman of NANO Nuclear. “Our UK-based technical team, responsible for advancing our proprietary ODIN™ microreactor technology, will also attend, and I anticipate this event will provide valuable insights and meaningful interactions for everyone involved.”

    “We’re delighted to be heading back to London for this year’s Innovation Zero conference,” said James Walker, Chief Executive Officer of NANO Nuclear. “We view this event as a key part of our global growth conference schedule. It brings together many experts in carbon-neutral energy technologies and I’m looking forward to an insightful and productive gathering.”

    About NANO Nuclear Energy, Inc.

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

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

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

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

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

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

    For further NANO Nuclear information, please contact:

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

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

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

    Cautionary Note Regarding Forward Looking Statements

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

    Attachment

    The MIL Network –

  • MIL-OSI: SIMPPLE Ltd. Launches New Product “SIMPPLE Vision”, an end-to-end Vision-as-a-Service (VaaS) video content analytics, and Secures Paid Pilot with a national healthcare institution in Singapore

    Source: GlobeNewswire (MIL-OSI)

    Singapore, April 09, 2025 (GLOBE NEWSWIRE) — SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management (FM) sector, today launched its new highly scalable end-to-end A.I. video analytics platform – SIMPPLE Vision, providing building owners and service contractors insights into facility operations and occupants’ behaviour. It brings together a set of pre-trained A.I. models from the Environmental Services and Security sectors coupling them with automated workforce management capabilities, enabling organizations to process vast amounts of video data in real-time, and instantly send alerts or work orders to the workforce to respond. This allows facility managers and workers to react quicker to situations with an enhanced level of transparency and accountability to the operations.

    With rising security concerns around unauthorised access as well as workplace safety breaches and incidents, there is a push towards evidence-based reporting and prevention. SIMPPLE Vision platform makes use of existing camera networks to deliver real-time insights through vision A.I. analytics and automated push notifications, minimising the cost of hardware upgrades and reducing reliance on manual monitoring. This is a significant upgrade, by retrofitting systems that lack modern analytics capability, therefore eliminating the need to replace existing cameras. SIMPPLE Vision processing platform can provide real-time analytics, incident logging, and audit trails for regulatory compliance, amongst many other features and related applications.

    SIMPPLE Vision applies advanced algorithms and high compute capabilities, which can be used and scaled across many sectors, such as aviation and transport safety, healthcare and hospitality monitoring, and compliance within education institutions. Data collected from such implementations can be refined over time, offering people and asset safety, and ultimately creating more personalised customer or occupant experiences within a given space. Another unique proposition SIMPPLE Vision platform offers is its ability to do both on-premises and cloud set-ups, depending on the end user requirements. This is especially important for critical infrastructure or healthcare facilities to avoid cloud risks while concurrently reducing cloud storage and transmission costs from significant bandwidth consumption, making it an ideal and cost-effective alternative solution.

    Following the announcement of SIMPPLE Vision, SIMPPLE is also pleased to announce a contract win with one of the largest public healthcare institutions in Singapore to deploy its advanced computer vision-to-workforce management capabilities as part of the initial proof-of-value initiative. Due to confidentiality, specific contract details remain undisclosed. This collaboration aims to enhance operational efficiency within the healthcare premises and improve customer satisfaction. If successful, the program is set to expand across multiple hospitals nationwide with these added vision applications, marking a major step forward to incorporate cutting-edge vision technologies for the healthcare sector.

    “We are thrilled to launch SIMPPLE Vision as part of our continuing commitment to develop innovative and cost-effective solutions that can positively impact service delivery and improved reporting outcomes,” said SIMPPLE chief executive Norman Schroeder. “This domain-specific computer vision capability is a step forward to revolutionise the way assets and broad ranging facilities are managed. Being awarded one of Singapore’s national public hospitals as an initial site is a testament to our commitment and forward-looking vision. We will continue to deliver on our promise to develop fit-for-purpose solutions, as we look to expand our contribution to the healthcare sector in Singapore and beyond.”

    According to an August 2024 report by SkyQuest Technology, the global video analytics market will attain a value of $44.7 billion by 2031, with a CAGR of 22.3%, from 2024 to 2031. This rapid growth is largely driven by the growing emphasis on security enhancements and integration of artificial intelligence with video analytics solutions. Crowd management will remain as a key contributor to the growth of computer vision applications in stadiums, airports, public events, and government facilities, said the report.

    About SIMPPLE LTD.

    Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things (“IoT”) devices. 

    For more information on SIMPPLE, please visit: https://www.simpple.ai

    Safe Harbor Statement

    This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

    Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

    The MIL Network –

  • MIL-OSI: Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a press release that will be issued on Wednesday, May 7, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Thursday, May 8, 2025.

    Participants within the United States and Canada, please dial 1-800-715-9871, approximately 15 minutes prior to the scheduled start of the call. If you are calling from outside the United States or Canada, please dial +1-646-960-0440. The access code for the call is 3818407. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be accompanied by a live webcast on the Investor Relations section of the Company’s website.

    A replay will be available one hour after the end of the conference call. To access the replay within the United States and Canada, please dial 1-800-770-2030. From outside of the United States and Canada, please dial +1-647-362-9199. Please use the replay access code 3818407. The webcast will also be archived on the Investor Relations section of the Company’s website.

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400 MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,538MW with a 1,248MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    Ormat Technologies Contact:
    Smadar Lavi
    VP, Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com    		 Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network –

  • MIL-OSI: Cyabra Partners with Aquion to Strengthen Digital Security and Combat Disinformation Across Australia and New Zealand

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, has joined forces with Aquion Pty Ltd, a trusted value-added distributor of cybersecurity and digital transformation solutions. This partnership will bring Cyabra’s AI-driven platform to businesses, government agencies, and enterprises across Australia and New Zealand, helping them detect and monitor digital threats in real time.

    With the rise of disinformation campaigns, bot-driven influence operations, and online manipulation, organizations are increasingly vulnerable to digital threats. Cyabra’s AI-powered platform analyzes millions of online conversations across social media platforms such as X (formerly Twitter), Facebook, and TikTok. It detects inauthentic accounts, AI-generated content, and coordinated disinformation campaigns, mapping how false narratives spread and influence public opinion. By partnering with Aquion, Cyabra is expanding its reach, enabling organizations in Australia and New Zealand via its reseller partners access to the tools they need to safeguard their digital presence.

    “Disinformation isn’t just about social media engagement—it’s a growing threat with real-world consequences, shaping public opinion, impacting businesses, and eroding trust. Organizations need to be proactive, not just reactive, in protecting their digital presence,” said Dan Brahmy, CEO and Co-founder of Cyabra. “Our partnership with Aquion ensures that businesses and governments across Australia and New Zealand have access to the real-time intelligence they need to spot false narratives, uncover manipulation, and stay ahead of digital threats.”

    “We are excited to partner with Cyabra to bring their AI-powered social media intelligence platform to our customers,” said Stephen Balicki, CEO at Aquion. “Disinformation and online manipulation are growing threats to businesses and government agencies alike. With Cyabra’s unique capabilities, we can provide organizations with unparalleled insights to identify and respond to digital threats effectively.”

    Aquion’s extensive network of reseller partners, combined with Cyabra’s AI-powered insights, will enable businesses, government agencies, and media organizations to detect and combat disinformation before it causes irreparable reputational or financial harm. Together, Cyabra and Aquion empower organizations to proactively detect false narratives, counter-influence operations, and protect digital trust in an era where AI-generated content and coordinated manipulation threaten businesses, governments, and public discourse.

    For more information about Cyabra’s AI-driven disinformation detection capabilities and the partnership with Aquion, visit the Cyabra website or Aquion Website.

    Cyabra has entered into a business combination agreement (the “Business Combination Agreement”) with Trailblazer Merger Corporation I (NASDAQ: TBMC) (“Trailblazer”), a blank-check special-purpose acquisition company.

    About Cyabra

    Cyabra Strategy Ltd. (“Cyabra”) is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI protects corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    For more information, visit www.cyabra.com.

    Media Contact:
    Jill Burkes
    Jill@cyabra.com
    Signal Contact: Jillabra.24

    About Aquion
     Aquion is a leading Australian software distributor, specialising in connecting world-class technology vendors with the largest resellers across Australia and the Asia-Pacific region. With a commitment to delivering value through the channel, Aquion offers a comprehensive portfolio of disruptive technologies with over 5000 existing software agreements, including business transformation, cybersecurity, DevOps, and infrastructure software solutions. Backed by a highly responsive sourcing team and a reputation for outstanding service, Aquion enables partners to drive growth and capitalise on new opportunities. Focused on collaboration, innovation, and customer success, Aquion remains a trusted partner for vendors and resellers alike in APAC.

    https://www.aquion.com.au/

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

    About Trailblazer

    Trailblazer Merger Corporation I (Nasdaq: TBMC) is a blank check company formed and entered into a merger, shared exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products that will be the subject of a proposed transaction between Trailblazer Merger Corporation I (“Trailblazer”) and Cyabra Strategy Ltd. (“Cyabra”). All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans;  the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of Combined Company’s Common Stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders

    Trailblazer will file a registration statement on Form S-4 with the SEC, which will include a proxy statement for Trailblazer’s stockholders and a prospectus related to the securities of the combined company. After the registration statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders.

    INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE PARTIES INVOLVED.

    Once filed, free copies of these documents can be obtained from the SEC’s website at  www.sec.gov. Additional information about Trailblazer can be found on its website at  www.trailblazermergercorp.com or by contacting info@trailblazermergercorp.com.

    Participants in the Solicitation

    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the transaction. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in Trailblazer’s most recent Annual Report on Form 10-K filed with the SEC, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement/prospectus pertaining to the proposed Transactions when it becomes available.

    No Offer or Solicitation

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

    The MIL Network –

  • MIL-OSI: Thrive Awarded State of Florida Contract for Digital Security Solutions

    Source: GlobeNewswire (MIL-OSI)

    TALLAHASSEE, Fla., April 09, 2025 (GLOBE NEWSWIRE) — Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, announced today that it has been selected by the State of Florida, Department of Management Services as a vendor for the Digital Security Solutions contract. This latest partnership adds to the list of state and local governments that trust Thrive to protect them from cyber threats, including phishing attempts and data breaches.

    Local and state governments continue to be targets of cyberattacks, and the effect is costly. According to IBM’s Cost of a Data Breach Report 2024, the global average cost of a data breach is $4.88 million. And with a government’s limited resources, a cyberattack can be devastating, not only financially but also to the trust of its constituents.

    To enable these organizations to strengthen their cybersecurity and better protect their data, Thrive has a dedicated public sector team with more than 20 years of experience. This team delivers proactive, fully managed security solutions designed to protect state agencies from cyber risk.

    Florida’s Department of Management Services will allow Thrive to provide cybersecurity solutions to state agencies and other eligible entities across multiple service categories, including:

    1. Service Category 3: Endpoint Detection and Response Fortinet FortiEDR with Thrive Management
    2. Service Category 5: Email Security Checkpoint Harmony Email & Collaboration Security with Thrive Management
    3. Service Category 10: Secure Access Service Edge (SASE) Checkpoint SASE with Thrive Management

    “State and local governments are seeing an influx of data at the exact same time that cyberattacks are becoming more sophisticated. It has never been more important to ensure government systems are updated, teams are trained, and data is protected,” said Bill McLaughlin, CEO of Thrive. “Thrive has a deep understanding of the unique needs of local and state governments across our cybersecurity journey. When government agencies like the State of Florida, partner with us, we bring in our team of experts to handle cybersecurity risk so the organization can focus on serving citizens.”

    To learn more about Thrive’s CJIS offerings, click here.

    About Thrive 
    Thrive delivers global technology outsourcing for cybersecurity, Cloud, networking, and other complex IT requirements. Thrive’s NextGen platform enables customers to increase business efficiencies through standardization, scalability, and automation, delivering oversized technology returns on investment (ROI). They accomplish this with advisory services, vCISO, vCIO, consulting, project implementation, solution architects, and a best-in-class subscription-based technology platform. Thrive delivers exceptional high-touch service through its POD approach of subject matter experts and global 24x7x365 SOC, NOC, and centralized services teams. Learn more at www.thrivenextgen.com or follow us on LinkedIn. 

    Contacts 
    Hannah Johnston 
    thrive@v2comms.com

    The MIL Network –

  • MIL-OSI: Prospect Capital Corporation Announces Launch of Cash Tender Offer For Any and All of its Outstanding 3.706% Notes due 2026

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding notes listed below. The Tender Offer will expire at 5:00 p.m., New York City time, on April 17, 2025, or any other date and time to which the Company extends the Tender Offer (such date and time, as it may or may not be extended, the “Expiration Time”). The Tender Offer is made pursuant to an Offer to Purchase dated today and related notice of guaranteed delivery, which set forth the terms and conditions of the Tender Offer.

    Title of Security CUSIP / ISIN Nos. Outstanding Principal Amount Tender Offer Consideration(1)
           
    3.706% Notes due 2026 (the “Notes”) 74348TAU6 / US74348TAU60 $342,947,000 $990.00
           

    (1)   Per $1,000 principal amount of 2026 Notes validly tendered on or prior to the Expiration Time and accepted for purchase by the Company.

    The consideration to be paid for each $1,000 principal amount of Notes that are validly tendered and not validly withdrawn on or prior to the Expiration Time will be as set forth in the table above, plus accrued and unpaid interest on the Notes, if any, from the applicable last interest payment date up to, but not including, the Settlement Date (as defined herein). The Company will purchase any Notes that have been validly tendered at or prior to the Expiration Time and accepted for purchase, subject to all conditions to the Tender Offer having been either satisfied or waived by the Company, promptly following the Expiration Time. Assuming the Tender Offer is not extended, the Company expects that the Tender Offer will settle and payment will be made on April 22, 2025 (the “Settlement Date”).

    As described in the Offer to Purchase, tendered Notes may be validly withdrawn at any time prior to or at, but not after, the Expiration Time, unless the Company amends the Tender Offer, in which case the withdrawal rights may be extended as the Company determines, to the extent required by law. The Tender Offer is not conditioned on any minimum amount of Notes being tendered. If any Notes remain outstanding after the consummation of the Tender Offer, the Company may, to the extent permitted by applicable law or the relevant terms and conditions of the Notes, continue to acquire, from time to time, the Notes, including through open market purchases, privately negotiated transactions, one or more tender offers, redemptions, exchange offers or otherwise, upon such terms and at such prices as the Company may determine, which may be more or less than the price to be paid pursuant to the Tender Offer and could be for cash or other consideration or otherwise on terms more or less favorable than those contemplated in the Tender Offer.

    If certain requirements set forth in the Offer to Purchase are met, the Company has agreed to pay a retail processing fee of $1.00 for each $1,000 principal amount of the Notes that are validly tendered and accepted for purchase pursuant to the Tender Offer to retail brokers that are appropriately designated by their tendering holder clients to receive this fee, provided that such fee will only be paid with respect to tenders by Holders whose aggregate principal amount of Notes validly tendered and accepted for purchase is $100,000 or less.

    The Company has retained RBC Capital Markets, LLC to serve as the Dealer Manager for the Tender Offer. Questions and requests for assistance regarding the Tender Offer should be directed to RBC Capital Markets, LLC at +1 (212) 618-7843 (collect) or +1 (877) 381-2099 (toll free).

    The Company intends to fund the purchase price for the Notes tendered in the Tender Offer with cash on hand and borrowings under the Company’s revolving credit facility.

    The Company has retained D.F. King & Co., Inc. to serve as the Information and Tender Agent for the Notes in the Tender Offer.

    The Tender Offer is being made pursuant to the terms and conditions contained in the Offer to Purchase, a copy of which may be obtained from D.F. King & Co., Inc. at (212) 269-5550 (Banks and Brokers) or (800) 967-5068 (toll free), or via psec@dfking.com.

    Copies of the Offer to Purchase and Retail Processing Fee From are also available at the following web address: http://www.dfking.com/psec.

    This announcement is for informational purposes only and is not an offer to purchase or sell or a solicitation of an offer to purchase or sell, with respect to any securities. The solicitation of offers to buy the Notes is only being made pursuant to the terms of the Offer to Purchase, as it may be amended or supplemented. The Tender Offer is not being made in any state or jurisdiction in which such offer would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. None of the Company, the Dealer Manager, or the Information and Tender Agent are making any recommendation as to whether or not holders should tender their Notes in connection with the Tender Offer.

    About Prospect Capital Corporation

    Prospect Capital Corporation is a business development company that focuses on lending to and investing in private businesses. Prospect’s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments.

    Prospect has elected to be treated as a business development company under the Investment Company Act of 1940 (“1940 Act”). Prospect is required to comply with a series of regulatory requirements under the 1940 Act as well as applicable NASDAQ, federal and state rules and regulations. Prospect has elected to be treated as a regulated investment company under the Internal Revenue Code of 1986.

    Caution Concerning Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, whose safe harbor for forward-looking statements does not apply to business development companies. These forward-looking statements include statements regarding expectations as to the completion of the transaction contemplated by the Tender Offer. Any such statements, other than statements of historical fact, are highly likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under our control, and that we may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and we undertake no obligation to update any such statement now or in the future.

    For further information, contact:

    Grier Eliasek, President and Chief Operating Officer
    grier@prospectcap.com
    Telephone (212) 448-0702

    The MIL Network –

  • MIL-OSI: Orbit International’s Electronics Group Reports First Quarter Bookings in Excess of $4,700,000

    Source: GlobeNewswire (MIL-OSI)

    HAUPPAUGE, N.Y., April 09, 2025 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group (“OEG”) received orders during the first quarter of 2025 totaling in excess of $4,700,000. Deliveries for these awards have already commenced and will continue through the second quarter of 2026.

    Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report OEG bookings in excess of $4,700,000 for the first quarter of 2025. These bookings include over $3,000,000 in orders received by our OEG legacy business and more than $1,700,000 in orders received by our Simulator Product Solutions LLC (“SPS”) subsidiary. The OEG legacy orders for the quarter include a previously announced follow-on contract in excess of $1,925,000 for product used on a military program for the U.S. Navy. The SPS orders for the quarter were in spite of the delay of several large contract opportunities, which are now expected to be received in the second quarter. Our OEG continues to pursue many business opportunities that we hope will come to fruition in the coming quarters. The timing of receipt of military awards is always an uncertainty.”

    Binder added, “We continue to be very confident in the progress of our Orbit Power Group (“OPG”). We recorded a very firm booking year in 2024, principally due to record bookings for power supplies utilizing our VPX technology. We continue to be confident that in 2025, we will continue to both receive follow-on business for our VPX power supplies and deliver new designs that will expand our reach in the marketplace for this technology.”

    Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military, industrial and commercial applications through its production facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power products including AC power supplies, frequency converters, inverters, VME/VPX power supplies as well as various COTS power sources.

    Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, statements regarding our expectations of Orbit’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.

    Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International and the statements contained in this news release can be found in Orbit’s reports posted with the OTC Disclosure and News service. For forward-looking statements in this news release, Orbit claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

    CONTACT                        
    David Goldman                
    Chief Financial Officer                
    631-435-8300 

    The MIL Network –

  • MIL-OSI: Form 8.3 – [Niox]

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Danske Bank A/S
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 NIOX Group plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 08 April 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: Equity
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 13 151 636,00 3,30    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 13 151 636,00 3,30    

    All interests and all short positions should be disclosed.
    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    Equity Sale          501 958,00
           
               		 69.088 GBP

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit
             

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 09 April 2025
    Contact name: Kotryna Cinciuke
    Telephone number*: +37060405825

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: UAB “Atsinaujinančios energetikos investicijos” publishes its NAV for March 2025

    Source: GlobeNewswire (MIL-OSI)

    At the end of March 2025, the net asset value (NAV) of UAB “Atsinaujinančios energetikos investicijos” amounted to EUR 95,847,323, reflecting a decrease from EUR 98,222,908 reported at the end of December 2024.

    The share price declined to EUR 1.6340, compared to EUR 1.6745 as of December 2024. The pro forma internal rate of return (IRR) since inception also decreased, reaching 1.42%, down from 2.31% reported at the end of December 2024.

    Contact person for further information: 

    Mantas Auruškevičius 

    Manager of the Investment Company 

    mantas.auruskevicius@lordslb.lt

    The MIL Network –

  • MIL-OSI: LM Funding America Announces March 2025 Production and Operational Update

    Source: GlobeNewswire (MIL-OSI)

     TAMPA, Fla., April 09, 2025 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended March 31, 2025.

     Metric Jan 2025 Feb 2025 Mar 2025
      – Bitcoin²      
      – Mined, net 8.0 8.1 8.7
      – Sold – – (14.2)
      – Purchased – – –
      – Service Fee – (0.5) (0.1)
      – Bitcoin HODL 158.2 165.8 160.2
      – Machines²      
      – Operational 5,121 5,121 5,121
      – Storage 719 719 719
      – Total Machines 5,840 5,840 5,840
      – Hashrate (EH/s²)      
      – Oklahoma 0.43 0.43 0.43
      – Hosted 0.13 0.13 0.13
      – Energized 0.56 0.56 0.56
      – Storage 0.07 0.07 0.07
      – Total 0.63 0.63 0.63

    “Being vertically integrated not only secures cheaper power for our mining operations but allows us to sell excess energy back to the grid, further advancing our business model,” stated Bruce Rodgers, Chairman and CEO of LM Funding. “This two-way approach to energy utilization increases our operational efficiency and effectively positions the grid itself as a customer, generating approximately $130,000 in power sales for the first quarter of this year. As we continue our infrastructure expansion, we aim to maintain the strength of our balance sheet with these diversified revenue streams.”

    The Company estimates that the value of its 160.2 Bitcoin holdings on March 31, 2025, was approximately $13.3 million or $2.59¹ per share, based on a Bitcoin price of approximately $83,000 as of March 31, 2025, compared to a stock share price of $1.24 as of March 31, 2025.

    Upcoming Conferences and Events

    • May 20, 2025: Benchmark Virtual Digital Asset Seminar
    • May 28, 2025: Orange Group & Blockware Sell-side and Buy-side Conference in Las Vegas, Nevada

    About LM Funding America

    LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.

    Forward-Looking Statements

    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

    For investor and media inquiries, please contact: 

    Investor Relations 
    Orange Group 
    Yujia Zhai 
    LMFundingIR@orangegroupadvisors.com 

    ______________________________________
    ¹ Calculated using 5,133,412 shares outstanding as of 12/31/24 from SEC Form 10-K filed March 31, 2025
    ² Unaudited

    The MIL Network –

  • MIL-OSI: Silicon Motion Announces First Quarter 2025 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan and MILPITAS, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, plans to release its first quarter 2025 financial results after the market closes on April 29, 2025 and will host a conference call on April 30 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call.  

    CONFERENCE CALL DETAILS:

    Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access PIN) will be provided in the email received upon registration.

    Participant Online Registration:
    https://register-conf.media-server.com/register/BI5c69a4c2d96041b59a2bf8a51cec1881

    This call will be webcast on the Company’s website at www.siliconmotion.com.

    ABOUT SILICON MOTION:

    We are the global leader in supplying NAND flash controllers for solid state storage devices.  We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications.  We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.  Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs.  For further information on Silicon Motion, visit us at www.siliconmotion.com.

    FORWARD-LOOKING STATEMENTS:

    This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to the unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or cancellation of orders from one or more customers; general economic conditions or conditions in the semiconductor or consumer electronics markets; the impact of inflation on our business and customer’s businesses and any effect this has on economic activity in the markets in which we operate; the functionalities and performance of our information technology (“IT”) systems, which are subject to cybersecurity threats and which support our critical operational activities, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology; the effects on our business and our customer’s business taking into account the ongoing U.S.-China tariffs and trade disputes; the uncertainties associated with any future global or regional pandemic; the continuing tensions between Taiwan and China including enhanced military activities; decreases in the overall average selling prices of our products; changes in the relative sales mix of our products; changes in our cost of finished goods; supply chain disruptions that have affected us and our industry as well as other industries on a global basis; the payment, or non-payment, of cash dividends in the future at the discretion of our board of directors and any announced planned increases in such dividends; changes in our cost of finished goods; the availability, pricing, and timeliness of delivery of other components and raw materials used in the products we sell given the current raw material supply shortages being experienced in our industry; our customers’ sales outlook, purchasing patterns, and inventory adjustments based on consumer demands and general economic conditions; any potential impairment charges that may be incurred related to businesses previously acquired or divested in the future; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 30, 2024. Other than as required under the securities laws, we do not intend, and do not undertake any obligation to, update or revise any forward-looking statements, which apply only as of the date of this news release.

    The MIL Network –

  • MIL-OSI: Wevr Unveils Groundbreaking Immersive Experience, Catch the Wave at the Malta Pavilion at World Expo 2025

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) — Wevr, a creative development and production studio specializing in interactive and immersive experiences, today revealed its visionary design for the Malta Pavilion Experience at the World Expo 2025 in Osaka, Japan. The immersive installation will welcome global visitors from April 13, 2025 through October 13, 2025, showcasing Malta’s rich heritage and bold aspirations at the prestigious international event held once every four years. Titled “Catch the Wave,” the multi-sensory experience is being created in partnership with Malta Enterprise under the direction of Wevr’s cofounder and CEO Neville Spiteri. 

    “What better way to illustrate Malta’s forward-thinking future than by using immersive technology to surround visitors with the sights and sounds of Malta’s rich history in the Mediterranean, alongside our ambitious vision for tomorrow,” said Malta Enterprise CEO George Gregory. “Wevr’s creative vision and mastery of next-generation technologies made them the natural choice to showcase all that Malta offers in terms of heritage, industry and innovation.”

    With a focus on sustainability and technological advancement, the pavilion seamlessly integrates art, science, technology, culture, and the natural world. Key features include:

    • Dynamic Exterior Canvas: A spectacular 16m × 5m high-resolution LED screen envelops approaching visitors in the breathtaking Mediterranean environment. Digital twins capture the singular beauty of Malta’s iconic structures, from Megalithic temples to the old medieval city of Mdina and the UNESCO world heritage Valletta entrance, weaving a tapestry from past to present, each frame alive with the shifting light of the time of day. Ambient music intertwines with the imagery casting reflections that ripple on the dramatic fountain entrance. 
    • Immersive Time Portal: Inside the pavilion, a 9m x 3m surround screen creates a portal through Maltese history which surrounds visitors in a 180-degree storyscape, unfurling an 8,000-year saga in the Mediterranean Sea cradling the island of Malta. This captivating narrative journey, woven with spatial audio, dramatic lighting, and state of the art 3D and AI technology, traces the island’s metamorphosis from an ancient Mediterranean crossroads to a luminous hub of future innovation.
    • Multi-modal Storytelling: Through collaboration with the Heritage Malta, Wevr utilized state of the art 3D photogrammetry and proprietary Generative AI technology to faithfully bring to life key moments from Malta’s past with unprecedented detail and authenticity. And with the guidance of Malta Enterprise, visualizing an innovative and future extending to renewable energy and the metaverse.  

    “The Malta pavilion experience weaves an immersive journey that envelops visitors in the beauty and essence of Malta,” said Neville Spiteri, CEO of Wevr who directed and produced the experience. “By bringing key historic moments to life and offering glimpses into the future using our R&D in Generative AI and real-time 3D Unreal workflows, we’re demonstrating what tomorrow’s business and entertainment experiences look and feel like.”

    Wevr’s global virtual studio, composed of multiple creative teams across multiple continents, collaborated with Maltese historians, artists and domain experts at the center. The design leverages Wevr’s decade of expertise creating stories and environments with Epic’s Unreal Engine, now enhanced with proprietary Generative AI tools developed specifically for creating spectacular immersive content for forward-thinking clients like the Malta Government. 

    About Wevr

    Wevr is a leading creative immersive studio. We collaborate with artists, brands and IP to co-create immersive experiences and spatial applications. Wevr’s expertise includes Interactive real-time 3D, Spatial/XR, Simulations, Immersive video and Generative AI. Wevr was recognized on Fast Company’s list of “Top 10 Most Innovative companies in AR/VR.” Wevr’s world class leadership team is composed of repeat successful technology entrepreneurs, veteran AAA game developers, and award-winning designers, artists and storytellers. Investors include HTC and Epic Games. 

    Contact:
    Amanda Orr for Wevr
    amanda@wevr.com
    202-459-1304

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bfb9631-df39-4ca8-a0a0-2ff2816e620d

    The MIL Network –

  • MIL-OSI: Diamond Equity Research Initiates Coverage on Brillia Inc. (NYSEAM: BRIA)

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has initiated coverage of Brillia, Inc. (NYSEAM: BRIA). The in-depth 28-page initiation report includes detailed information on Brillia Inc’s business model, services, industry overview, financials, valuation, management profile, and risks.

    The full research report is available below.

    Brillia Initiation Report

     

    Highlights from the report include:

    • Stable, Cash Flow Positive, Asset-Light Business Model with Underappreciated Optionality and Upside from High-Margin Brand Expansion: BrilliA’s established business model, anchored by enduring partnerships with global industry leaders, delivers stable cash flow and reliable revenue streams. Its integrated operations provide room for expansion into higher-margin opportunities through the DIANA brand rollout. Further enhancing operational agility, BrilliA’s asset-light structure, maintained by minimizing physical assets, allows the company to channel resources more effectively into its core competencies. From our vantage point, this robust financial foundation enables BrilliA to respond to market shifts and invest strategically in long-term growth initiatives. Given the current valuation, the market may not yet fully appreciate BrilliA’s ability to leverage its asset-light model and established relationships to pursue profitable brand-driven expansion initiatives, providing meaningful upside potential.
    • Strategic Market Positioning Enabled by Long-Standing Global Partnerships and Industry Expertise: Long-term relationships with over 20 major brands, including (but not limited to) Fruit of the Loom, Hanes Brands, Jockey International, Hennes & Mauritz, Canadelle, and Li & Fung, underscore BrilliA’s competitive advantage. These enduring partnerships not only secure a stable revenue base but also validate the company’s operational capabilities in the intimate apparel market. This strategic positioning strengthens its reputation and provides leverage for negotiating favorable terms in future contracts.
    • Existing Business Supports Strategic Opportunity in the Rapidly Expanding Asian Lingerie Market: The global lingerie market is on a strong growth trajectory, expanding from $90 billion in 2024 to a projected $142 billion by 2030, driven by evolving consumer preferences, digital transformation, and increasing demand for comfort, inclusivity, and sustainability. While North America and Europe remain key markets, the Asia-Pacific dominates, contributing 40% of global lingerie revenues, with Southeast Asia emerging as a high-potential region led by Indonesia. Consumers are increasingly prioritizing comfort, inclusivity, and sustainability, fueling demand for innovative fabrics, diverse sizing, and ethical sourcing. Digital disruption is reshaping the competitive landscape, as traditional players like Victoria’s Secret, Hanesbrands, and Triumph International face mounting pressure from agile, direct-to-consumer brands. BrilliA’s DIANA brand is strategically positioned to tap into Southeast Asia’s growing demand by expanding product offerings, strengthening its digital presence, and integrating sustainability-focused initiatives, aiming to establish itself as a dominant player in the region’s evolving lingerie market. In our view, established businesses leveraging core competencies to enter new segments typically bear lower risk compared to startup enterprises lacking a proven operational track record.
    • Vertically Integrated Supply Chain Model Efficiently Manages Lead Times, Reduces Production Risks, and Maintains Pricing Power, Representing a Significant Competitive Advantage : BrilliA’s end-to-end integration, from design & prototyping to production & quality control, promotes efficient operations and cost-effective manufacturing. This vertical integration supports competitive pricing, timely delivery, and consistent product quality, forming a robust foundation for scaling the business. By streamlining production processes and reducing lead times, the company is well-equipped to respond to market demands swiftly and efficiently. Additionally, BrilliA is finalizing a manufacturing agreement with Magic Link Garment Ltd in Cambodia to expand capacity and leverage trade benefits such as duty-free access to Canada and preferential treatment under the EU’s EBA program. This move is expected to enhance operational efficiency and support an internally projected revenue increase of up to $5 million in 2025, subject to market conditions.
    • Analysis Indicates Meaningful Upside Potential from Geographical, Product, and Digital Expansion Initiatives: With plans to expand into key markets in Southeast Asia and Europe, along with diversifying into adjacent product categories such as sleepwear, activewear, baby wear, and period underwear, BrilliA is well-positioned to target new market segments. This strategy mitigates regional risks while driving long-term growth by broadening the customer base and enhancing cross-selling opportunities and revenue stability. We believe targeted investments in digital marketing can effectively drive online engagement and new customer acquisition, while the ongoing recruitment of design talent positions the company to sustain innovation and competitiveness. Additionally, based on preliminary analysis of reciprocal tariffs introduced by the Trump Administration on April 3, 2025, BrilliA’s production exposure in Indonesia (32% tarrif) could position it more favorably than peers with higher exposure to Vietnam (46%), Thailand (36%), or Cambodia (49%), potentially enabling the company to better manage cost volatility and trade disruptions. Collectively, our analysis suggests that BrilliA has multiple avenues available to expand beyond its existing business segments while being relatively insulated from near-term geopolitical trade risks.
    • Valuation: BrilliA, Inc. is strategically positioned for growth, leveraging its established B2B operations to support the expansion of the high-margin D2C DIANA brand in the luxury intimate apparel market. With strong industry partnerships and a focus on quality, innovation, and digital transformation, BrilliA aims to capture significant opportunities in the multi-billion-dollar global lingerie market. Its dual business model balances the profitability and stability of its B2B segment with the high-growth potential of its D2C brand. We believe the market currently undervalues the embedded optionality associated with the successful expansion into the premium D2C segment, presenting additional upside potential. Using a valuation methodology weighted 80% toward a DCF analysis (WACC at 12.25%, terminal growth rate at 1.5%) and 20% toward a sum-of-the-parts approach, we model the company’s value at approximately $183.81 million, or $6.00 per share. Achieving this valuation hinges on successfully scaling DIANA, while preserving robust cash flows from its B2B operations and overall successful execution.

    About Brillia, Inc.  

    Brillia Inc., established in 2023, specializes in the design, production, and distribution of women’s intimate apparel across global markets, including North America, the European Union, the Asia-Pacific, Latin America, and the Middle East. Its product range encompasses bras, panties, bodysuits, swimwear, dresses, and related apparel. 

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by BrilliA, Inc. for producing research materials regarding BrilliA, Inc. and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for research engagement. As of 04/09/25 the issuer had paid us $30,000 for our company sponsored research services, which commenced 12/30/2024 and is billed annually. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has not paid us for non-research related services as of 04/09/2025. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities including the complete loss of their investment.This report does not explicitly or implicitly affirm that the information contained within this document is accurate and/or comprehensive, and as such should not be relied on in such a capacity. All information contained within this report is subject to change without any formal or other notice provided.  Investors can find various risk factors in the initiation report and in the respective financial filings for Brillia, Inc. Please review initiation report attached for full disclosure page.   

    Contact:
    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    The MIL Network –

  • MIL-OSI: Enphase Energy Expands in Europe with IQ Battery 5P with FlexPhase, Delivering Three-Phase Backup Power in Poland

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful and versatile battery yet, the IQ® Battery 5P with FlexPhase, for customers in Poland. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications, providing superior flexibility to meet diverse home energy needs. Enphase recently launched the FlexPhase battery in Germany, Austria, Switzerland, and Luxembourg.

    The IQ Battery 5P starts at 5 kWh of capacity and multiple units can be configured to provide up to 70 kWh. Each 5 kWh battery is designed to deliver continuous power of up to 3.68 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration. The new batteries can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. The batteries are designed to discharge up to two times the maximum continuous power for three seconds, enabling the start-up of high-power devices without the grid when paired with the IQ® System Controller 3 INT. The IQ Battery 5P with FlexPhase comes with an industry-leading 15-year warranty in Poland.

    “We’re thrilled to bring Polish homeowners the IQ Battery 5P with FlexPhase,” said Szymon Konieczka, CEO of BTI Solar, an installer of Enphase products in Poland. “What sets this technology apart is its adaptability – the battery’s scalable architecture accommodates both single-phase and three-phase systems, letting us customize backup solutions for each home. Enphase continues to be an industry leader with innovations like this.”

    “The IQ Battery 5P with FlexPhase is a game-changer for our customers,” said Tomasz Noga, owner of iPowerInstall, an installer of Enphase products in Poland. “The ability to scale from a single 5 kWh unit to multiple units providing up to 70 kWh, while delivering robust backup power, makes it ideal for homes with varying energy needs.”

    “It’s a great time to introduce the IQ Battery 5P with FlexPhase to our customers in Poland,” said Radosław Koczwara, owner of Roka Energy, an installer of Enphase products in Poland. “With its flexible design, the IQ Battery 5P is one of the most versatile and reliable battery systems that we offer homeowners.”

    “We’re excited to bring the IQ Battery 5P with FlexPhase to Poland as demand for home energy storage continues to accelerate,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “With its compatibility for both single-phase and three-phase systems, the IQ Battery 5P is ideally suited for retrofitting the country’s large base of existing solar homes. As the market shifts toward requiring batteries, we’re proud to offer a flexible, reliable solution that helps homeowners get more value from their solar investments.”

    For more information about the IQ Battery 5P with FlexPhase in Poland, please visit the Enphase website.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 80.0 million microinverters, and approximately 4.7 million Enphase-based systems have been deployed in more than 160 countries. For more information, visit https://enphase.com/.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; and statements regarding the timing and availability of Enphase Energy’s products in Poland. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

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

    The MIL Network –

  • MIL-OSI: Fermyon Breaks New Ground in Serverless Hyperscaling with WebAssembly on Google Kubernetes Engine

    Source: GlobeNewswire (MIL-OSI)

    LONGMONT, Colo., April 09, 2025 (GLOBE NEWSWIRE) — Fermyon™ Technologies, Inc., the serverless WebAssembly company, today demonstrated a breakthrough for serverless hyperscaling as Fermyon Platform for Kubernetes reaches unparalleled scale on Google Kubernetes Engine (GKE) clusters, achieving 7x faster pod scheduling and execution speeds 50x faster than today’s leading serverless cloud technologies.

    At Containers @ Google NEXT ‘25, the Google Cloud team debuted the first high-scale demonstration of next generation GKE Autopilot capabilities. Google Cloud has just announced new performance improvements to GKE Autopilot, including faster pod scheduling, scaling reaction time, and capacity right-sizing. The on-site demo features a GKE Autopilot cluster that hosts 1,000 typical lightweight serverless functions on a single four core node, capable of handling unanticipated bursts of traffic to any function doubling the amount of traffic you can serve within seconds without over-provisioning or introducing latency. The unprecedented workload density is made possible by Fermyon’s specialized high-density runtime, Fermyon Platform for Kubernetes.

    This further cements WebAssembly’s leading-edge stature as the highest-performing compute standard and Fermyon’s leadership within the WebAssembly (Wasm) ecosystem for its selection by Google Cloud to demonstrate this level of scale. The combination of WebAssembly’s fast application scaling and Autopilot’s resource scaling ushers in a new era of cloud elasticity capable of supporting highly responsive “bursty” applications delivered faster than the blink of an eye (<100 milliseconds) while simplifying cluster operations and reducing cost for consumers.

    Media, ecommerce, financial services, and other high-volume digital experience companies know that even 100-millisecond delays can impact customer engagement and online revenue — especially under unpredictable crushing-load situations such as a viral moment or an unexpected high response to a product launch. Current Kubernetes architectures compound the problem by forcing companies to pre-scale to massive compute levels and leave those computers more than 83% idle which puts pressure on both corporate wallets and global emissions.

    “The synergy between Google Kubernetes Engine (GKE) and Fermyon’s WebAssembly platform offers remarkable application and infrastructure elasticity. Fermyon’s use of WebAssembly enables serverless applications to achieve startup times in the sub-millisecond range, facilitating rapid scaling in response to sudden demand spikes,” stated Paul Nashawaty, Practice Lead and Principal Analyst at theCUBE Research. “GKE enhances this by providing automated, rapid scaling of virtual machine resources through features like Autopilot mode, which manages node provisioning and scaling based on traffic. This dual-layer elasticity ensures that applications can handle unexpected surges, such as viral events, with near-instantaneous responsiveness, highlighting the growing momentum for serverless WebAssembly and GKE adoption.”

    Scaling with Fermyon Serverless

    Fermyon Platform for Kubernetes (self-hosted, single-tenant) and Fermyon Wasm Functions (hosted, multi-tenant) are both WebAssembly serverless execution engines which achieve blazingly fast cold-starts (<1 millisecond), incredibly high workload density (>50x more than typical Kubernetes app density), and instant scale. Both execute Spin serverless functions. Spin is a Fermyon-contributed CNCF Sandbox project focused on delivering superior developer experience for writing event-driven serverless functions, enabling a developer to go from blinking cursor to deployed serverless function in two minutes or less.

    Pairing this high performance with Google Cloud’s new next-generation Autopilot, featuring a new container-optimized compute platform alongside performance improvements like faster pod scheduling and scaling reaction times, means nodes in a Kubernetes cluster can dynamically resize in a few seconds, capable of hosting thousands of Spin serverless functions and hundreds of thousands of requests per second. This avoids the painful preparatory work cloud operations teams have to do to imagine how large viral spikes could be, then plan for and put in place — at an expense — enough capacity to handle those loads.

    Starting today, Google Cloud customers can develop Spin serverless functions and deploy them on GKE with the container-optimized compute platform enabling them to:

    • Avoid painful blockages, blackouts, and shortages during high-volume bursts that cause customers to be locked out and walk away, thus retaining eyeballs and revenue.
    • Enjoy a serverless developer experience on Kubernetes that rids developers of painful overhead to prepare their code for Kubernetes deployments.
    • Write a serverless function in almost any language with SDK support for Javascript/TypeScript, Rust, Python, .NET/C#, and Go.
    • Cut cold start time of HTTP-centric applications to a mere fraction of a millisecond.
    • Avoid over-spending on Kubernetes clusters for future, unknown events.
    • Avoid the stress that comes with under-guessing.

    Google Cloud customers will be able to directly procure Fermyon Platform for Kubernetes and/or Fermyon Wasm Functions from Fermyon on next-generation GKE Autopilot. And starting in Q3, Autopilot’s container-optimized compute platform will also be available to standard GKE clusters, without requiring a specific cluster configuration.

    “Bringing the world’s fastest serverless platform to the world’s first on-demand expandable compute, backed by intelligent capacity provisioning that supports fast pod scheduling, is a big win for any organization interested in avoiding those painful viral-moment blackouts,” said Fermyon CEO Matt Butcher. “With cold starts under half a millisecond, robust service APIs, AI and GPU integration and support for a broad array of programming languages, Fermyon brings Google customers next-generation compute that is not just industry leading, but redefining.”

    “Companies worldwide are constantly seeking superior performance with less risk and cost. We’ve responded to that with the next generation GKE Autopilot offering featuring a new container-optimized compute platform, along with performance improvements like fast pod scheduling and capacity right sizing, powered by unique Google Cloud hardware. This gets rid of the uncertainty, doubt and cost that comes with pre-planning Kubernetes deployments. Fermyon simply can help customers reach new heights when it comes to scale and speed, utilizing WebAssembly on GKE,” said Gabe Monroy, VP/GM of Cloud Runtimes at Google.

    Google Cloud and Fermyon will be showcasing the Fermyon Platform for Kubernetes on GKE at Google Cloud Next in Las Vegas from April 9th to 11th.

    Additional Resources

    About Fermyon™ Technologies, Inc.

    Fermyon is leading the next wave of cloud computing with the first cloud-native WebAssembly FaaS that lets developers build better serverless apps faster. Fermyon is focused on empowering cloud developers to quickly realize the things they are thinking about creating and focus on the code that brings value instead of the obligatory foundation code. Fermyon was founded by the Deis Labs team at Microsoft Azure and is backed by Insight Partners and Amplify Partners. For more information, go to https://www.fermyon.com or follow @fermyontech.

    Media Contact
    constantia@fermyon.com 

    The MIL Network –

  • MIL-OSI: Demostack Joins the HubSpot App Marketplace

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 09, 2025 (GLOBE NEWSWIRE) — Today, Demostack, the leading demo platform for SaaS GTM teams, announced that it is now listed in the HubSpot App Marketplace. App Partners are independent software vendors who have built an integration with HubSpot and been accepted to the App Marketplace.

    Demostack’s HubSpot integration brings sales demos to life, automatically capturing prospect engagement data that transforms how teams track, nurture, and close deals. Sales teams can now seamlessly link interactive product demos to HubSpot records while marketers turn product tours into lead-generating machines, delivering the personalized experiences modern buyers demand.

    HubSpot’s App Partner Program is an ecosystem of valuable third-party integrations. App Partners comply with a set of requirements.

    “This integration bridges the gap between product demonstrations and revenue outcomes by bringing critical engagement data directly into the HubSpot workflow,” said Manny Ataebi, CMO at Demostack. “Both sales and marketing teams can now showcase their product’s full value through interactive experiences that tell a compelling story, capturing valuable prospect insights while eliminating the need to divert precious R&D resources for demo creation.”

    “We’re excited to welcome Demostack to the HubSpot App Marketplace,” says Scott Brinker, VP of Platform Ecosystem at HubSpot. “Their integration brings interactive product demos directly into the customer journey, helping sales teams deliver personalized experiences that resonate with buyers. It’s exactly the kind of practical innovation that helps our customers close more deals without adding technical complexity.”

    Learn more about the integration here.

    About Demostack

    Demostack is transforming how GTM teams deliver product demos. The Demostack platform creates robust, secure clones of live product demos, making even the most complex solutions easy to showcase. With Demostack, sales and presales teams deliver consistent, tailored demos that show the best version of their product for any use case—without relying on engineering help. Companies like WalkMe, Gainsight, Hunters, Xactly, and Planview are achieving faster sales cycles, increased deal volume, and better-qualified opportunities—all with Demostack.

    For more information about Demostack, visit www.demostack.com.

    Manny Ataebi
    Demostack
    manny@demostack.com

    The MIL Network –

  • MIL-OSI: Energy Industry Veteran Gregory J. Goff Releases Letter to Fellow Phillips 66 Shareholders

    Source: GlobeNewswire (MIL-OSI)

    Breakdown in board governance enabled the pursuit of a strategy that has not delivered for shareholders

    Goff supports Elliott’s engagement with Phillips 66 to maximize long-term value for all shareholders

    Elliott’s nominees will provide an infusion of independence and expertise in the Phillips 66 boardroom and ensure management is held to account

    SAN ANTONIO, April 09, 2025 (GLOBE NEWSWIRE) — Gregory J. Goff, a 40-year energy industry veteran and shareholder of Phillips 66 (NYSE: PSX), today released the following letter to his fellow Phillips 66 shareholders:

    Dear Fellow Phillips 66 Shareholders,

    I have made a $10 million investment in Phillips 66 because I am confident that with the right leadership, operating priorities and strategic focus, Phillips 66 can be a much stronger company — offering greater opportunities to its employees and significantly more value to its shareholders. I believe the slate of directors put forward by Elliott Investment Management can help the company unlock that potential.

    During my nearly 30 years at ConocoPhillips, the predecessor company to Phillips 66, I developed an appreciation for the quality of the company’s assets and, more importantly, its people. However, it is my view that Phillips 66 has lost its way. I firmly believe the company can restore its prior stature as a leader in the energy industry, but only if it makes the kinds of operational and strategic changes that are urgently needed.

    I have been disappointed by what I see as a breakdown in effective corporate governance at Phillips 66. I know from experience how critical it is for a company to have a strong Board — possessing both the independence and the expertise to question management’s assumptions about the business and consider the long-term implications of every decision. I don’t see evidence of that kind of culture today on the Phillips 66 Board.

    For example, Phillips 66 has been pursuing a strategy for many years that emphasizes and grows midstream assets alongside its refining business, despite evidence that this structure isn’t delivering value for shareholders relative to the company’s more streamlined peers. A stronger Board would have questioned why these disparate businesses – which trade at different multiples, trapping shareholder value and diluting management focus – belong together. And it wouldn’t require outside pressure to initiate a review of alternatives that could unlock that value and create the focus required to improve operations.

    For these reasons, I am supporting Elliott Investment Management in its engagement with Phillips 66. I believe Elliott’s nominees to the Board — some of whom I know personally from my time at ConocoPhillips — have the potential to instill a new culture in the Phillips 66 boardroom. They would bring much-needed experience and, just as important, a mindset that approaches each critical decision by asking the question, “What’s going to create the most long-term value?”

    I am motivated in part by the fact that Phillips 66 counts among its investors a large number of retail shareholders. These retirees, employees and other individual holders of Phillips 66 stock are counting on their investment to help them meet their financial goals. They deserve a Board that is fully committed to maximizing value on their behalf — one that works tirelessly to hold management accountable.

    To be clear, given my other commitments, I am not seeking a formal role with the company. However, I am committed to helping Phillips 66 reach its full potential, and I would be open to supporting the company, should the Board see fit. I am choosing to devote my time and energy to this effort because I believe Phillips 66 is not only a strong investment, but also a company where my support for Elliott’s campaign can make a difference for employees and investors alike.

    Sincerely,
    Gregory J. Goff

    About Gregory J. Goff

    Gregory J. Goff is an accomplished industry veteran with a 40+ year track record of successfully managing and growing energy and energy-related businesses. He has significant experience in the areas of refining, marketing & logistics, trading, and exploration & production.

    Mr. Goff was previously Chairman, President, and CEO of Andeavor (formerly known as Tesoro) from 2010 until its strategic combination with Marathon Petroleum in 2018. At Andeavor, Mr. Goff spearheaded a successful financial and operational transformation. Prior to joining Andeavor, Mr. Goff had a nearly 30-year career with ConocoPhillips, where he held various leadership positions in Exploration & Production, International Downstream, and Global Commercial Operations. Mr. Goff currently serves as CEO of Claire Technologies, Inc., a technology company providing low-carbon solutions to decarbonize the energy and transportation sectors.

    Mr. Goff is currently a member of the board of directors of Avient (formerly PolyOne Corporation), and XEnergy, a private American nuclear reactor and fuel design engineering company. Additionally, he is the Founder of the Goff Strategic Leadership Institute at the University of Utah.

    Media Contact:

    Dan Gagnier
    Gagnier Communications
    (646) 569-5897
    dg@gagnierfc.com

    The MIL Network –

  • MIL-OSI: reAlpha Tech Corp. Announces Closing of Exercise of Warrants for $3.1 Million Gross Proceeds

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, April 09, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the closing of its previously announced exercise of certain outstanding warrants to purchase up to an aggregate of 4,218,751 shares of common stock of the Company originally issued in November 2023, having an exercise price of $1.44 per share, at a reduced exercise price of $0.75 per share. The shares of common stock issued upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-3 (No. 333-284234). The gross proceeds to the Company from the exercise of the warrants were approximately $3.1 million, prior to deducting placement agent fees and estimated offering expenses.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    In consideration for the immediate exercise of the warrants for cash, the Company issued new unregistered warrants to purchase up to 8,437,502 shares of common stock. The new warrants have an exercise price of $0.75 per share, will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the new warrants and will expire on November 24, 2028.

    The Company intends to use the net proceeds from the offering for general working capital purposes.

    The new warrants described above were offered in a private placement pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933, as amended (the “1933 Act”) and, along with the shares of common stock issuable upon their exercise, have not been registered under the 1933 Act, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (“SEC”) or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock issuable upon exercise of the new warrants.

    In connection with the offering, the Company reduced the exercise price for all outstanding November 2023 warrants to purchase 8,333,333 shares of common stock, including the November 2023 warrants to purchase up to 4,218,751 shares of common stock referred to above, such that all outstanding November 2023 warrants have a reduced exercise price of $0.75 per share.

    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 the registration or qualification under the securities laws of any such state or jurisdiction.

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha’s goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to the receipt of stockholder approval and the intended use of net proceeds from the offering, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; reAlpha’s ability to commercialize its developing AI-based technologies; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for short-term rentals and AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Investor Relations Contact:

    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    Media Contact:

    Fatema Bhabrawala, Director of Public Relations
    fbhabrawala@allianceadvisors.com

    The MIL Network –

  • MIL-OSI: Constellation Software Inc., Topicus.com Inc. and Lumine Group Inc. Announce Annual Meetings

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 09, 2025 (GLOBE NEWSWIRE) — The Topicus.com Inc. (“Topicus”) (TSXV:TOI) annual general meeting of shareholders will be held on Tuesday, May 13, 2025 at 8:00 a.m. EST using a virtual meeting format with proceedings conducted solely via live audio webcast. The Lumine Group Inc. (“Lumine Group”) (TSXV:LMN) annual general meeting of shareholders will be held on Tuesday, May 13, 2025 at 8:30 a.m. EST using a virtual meeting format with proceedings conducted solely via live audio webcast. The Constellation Software Inc. (“Constellation” or “CSI”) (TSX:CSU) annual meeting of shareholders will be held on Tuesday, May 13, 2025 at 9:00 a.m. EST using a virtual meeting format, with proceedings conducted solely via live audio webcast.

    The link for the Topicus meeting is https://meetnow.global/M2GLPTJ. The link for the Lumine Group meeting is https://meetnow.global/MFMRJNG. The link for the Constellation meeting is https://meetnow.global/MAKY2ND. Detailed instructions for shareholders about how to participate in each meeting and how to duly appoint a proxyholder, as well as a copy of the Virtual Meeting User Guide, will be provided on the respective CSI, Topicus and Lumine Group websites. To view or participate in any virtual meeting, shareholders will need access to an internet-connected device for the full duration of the meeting.

    Similar to the Constellation annual shareholder meetings held in prior years, members of the Constellation, Topicus, and Lumine Group senior management team will be participating in a joint question and answer period. The question and answer period will commence at 9:15 a.m. EST, following the formal portion of the Constellation shareholder meeting. Constellation, Lumine Group and Topicus shareholders can join this question and answer period through the following link https://meetnow.global/MAKY2ND.  

    While we will answer some questions posed during the virtual question and answer period, shareholders will also have the opportunity to pose questions in advance.

    Shareholders of Constellation, Topicus, and Lumine Group wishing to pose a question in advance can do so at the following link:

    https://form.123formbuilder.com/6828205/2025-shareholder-question-form

    Questions will be organized thematically, consolidated and then posed at the virtual meeting to the respective management teams.

    Forward Looking Statements

    Certain statements herein may be “forward looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual events to be materially different from any future events expressed or implied by such forward looking statements. Words such as “may”, “will”, “expect”, “believe”, “plan”, “intend”, “should”, “anticipate” and other similar terminology are intended to identify forward looking statements. Such forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future results, and will not necessarily be accurate indications of whether or not such results will be achieved, or when such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. These forward looking statements reflect current assumptions and expectations regarding future events and are made as of the date hereof and Constellation, Topicus, and Lumine Group assume no obligation, except as required by law, to update any forward looking statements to reflect new events or circumstances.

    About Topicus.com Inc.

    Topicus.com is a leading pan-European provider of vertical market software and vertical market platforms to clients in public and private sector markets. Operating and investing in countries and markets across Europe with long-term growth potential, Topicus.com acquires, builds and manages leading software companies providing specialized, mission-critical and high-impact software solutions that address the particular needs of customers.

    For further information, contact:

    Topicus.com Inc.
    Jamal Baksh, Chief Financial Officer
    Tel: (416) 861-9677
    jbaksh@csisoftware.com www.topicus.com

    About Lumine Group Inc.

    Lumine Group acquires, strengthens, and grows vertical market software businesses in the communications and media industry. Learn more at www.luminegroup.com.

    For further information, contact:

    Lumine Group Inc.
    David Nyland, Chief Executive Officer
    Tel: (437) 353-4910
    david.nyland@luminegroup.com www.luminegroup.com

    About Constellation Software Inc.

    Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.

    For further information, contact:

    Constellation Software Inc.
    Jamal Baksh, Chief Financial Officer
    Tel: (416) 861-9677
    jbaksh@csisoftware.com www.csisoftware.com

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

    The MIL Network –

  • MIL-OSI: CERo Therapeutics Holdings, Inc. Announces Initial Clinical Trial Site for its Phase 1 Clinical Trial of CER-1236 in Acute Myeloid Leukemia

    Source: GlobeNewswire (MIL-OSI)

    SOUTH SAN FRANSCISCO, Calif., April 09, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc., (Nasdaq: CERO) (“CERo” or the “Company”) an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces its first clinical trial site for the Company’s Phase 1 clinical trial of CER-1236.  The trial is focused on patients with acute myeloid leukemia (AML), and patient enrollment is underway, with expected dosing of the first patient during the first half of 2025.

    The trial will be led by Abhishek Maiti, M.D., assistant professor of Leukemia at The University of Texas MD Anderson Cancer Center.

    The first-in-human, multi-center, open label, Phase 1/1b study is designed to evaluate the safety and preliminary efficacy of CER-1236 in patients with acute myeloid leukemia that is either relapsed/refractory, has measurable residual disease, or has a mutation of the TP53 gene. The two-part study will begin with dose escalation to determine highest tolerated dose and recommended dose for Phase 2, followed by an expansion phase to evaluate safety and efficacy.  Primary outcome measures include incidence of adverse events (AEs) and serious adverse events (SAEs), incidence of dose limited toxicities and estimation of overall response rate (ORR), complete response (CR), composite complete response (cCR), and measurable residual disease (MRD).  Secondary outcome measures include pharmacokinetics (PK).

    Chris Ehrlich, CERo Therapeutics CEO added, “It is encouraging to conduct our trial at one of the most renowned cancer centers in the United States, which we believe is a validation of the scientific work performed to date with CER-1236.  The assignment of clinical trial sites is an important milestone. We look forward to announcing enrollment and first dosing in the near term.”

    About CERo Therapeutics Holdings, Inc.

    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo anticipates initiating clinical trials for its lead product candidate, CER-1236, in 2025 for hematological malignancies.

    Forward-Looking Statements

    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the financial position, business strategy and the plans and objectives of management for future operations of CERo and the implementation of its proposed plan of compliance with Nasdaq continued listing standards. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Chris Ehrlich
    Chief Executive Officer
    chris@cero.bio

    Investors:
    CORE IR
    investors@cero.bio

    The MIL Network –

  • MIL-OSI: Zeelo Partners with Operators to Channel >$50 million into Local Transportation Businesses

    Source: GlobeNewswire (MIL-OSI)

    • Zeelo’s collaborative support to operator partners surpassed $50 million in 2024; a significant increase from the previous year.

    BOSTON, April 09, 2025 (GLOBE NEWSWIRE) — Global TransitTech leader Zeelo, through its trusted network of operator partners, channeled >$50 million into local transportation businesses in 2024. This milestone underscores Zeelo’s commitment to building long-term partnerships that empower operators to expand their fleets, generate employment, and meet the rising demand for high-quality shared transportation services, particularly in an industry that has long suffered from underfunding and inadequate support.

    “Our operator partners are at the heart of everything we do at Zeelo,” comments George Grundy, Director, US Operations at Zeelo. “We view our relationship as a true collaboration, working side-by-side with operators to unlock opportunities for sustained growth. Their expertise and commitment enable us all to succeed, and our predictable, supportive contracts provide the stability necessary for expansion.”

    Beyond fueling business growth, these robust partnerships make a significant local impact by creating jobs and enhancing access to reliable transportation. With over 15 million rides completed to date, Zeelo continues to drive meaningful change by connecting communities to work and opportunity.

    “Working with excellent professionals, knowing there’s always someone on the other end of the phone, and feeling that our comments and concerns are valued made partnering with Zeelo an easy decision. We feel that we have a true partnership, not just a vendor/client relationship. We are on the same team, working toward the same goals every day. It’s a great feeling,” said Tracey Salinger, President of Unique Limousine.

    Industry insights further underscore the opportunity: the global bus and coach market was valued at USD 72.11 billion in 2022 and is projected to grow to USD 151.62 billion by 2030, at a CAGR of 9.9%. Despite its essential role in connecting students, employees, and underserved communities, the coach industry continues to face major hurdles due to short-term funding cycles, lack of inclusion in zero-emission investment schemes, and limited policy attention. While the CERTS Act offered a rare moment of legislative relief, many operators remain under significant financial pressure. With depleted fleets and only a partial rebound driven by corporate shuttle demand, the industry continues to face mounting challenges. Advocates caution that without long-term funding solutions, the vital role of private transportation in national mobility and employment ecosystems could be jeopardized.

    Add to this persistent driver shortages and rising operational costs, and it’s clear the industry needs targeted support. Without urgent policy action, the sector risks further decline, jeopardizing its ability to deliver economic, environmental, and social value across the communities it serves.

    “If we want to see a stronger, more sustainable future for transportation, we need to stand behind the bus, limo and motorcoach industry,” said Sam Ryan, CEO and Co-founder at Zeelo. “Backing our operators means backing better-connected communities and a more inclusive transport network for everyone.”

    Zeelo is also preparing to launch its new Operator Referral Scheme in the United States; a program designed to leverage operators’ local market knowledge to identify new business opportunities and expand Zeelo’s network of trusted partners.

    About Zeelo

    Zeelo is a leading global TransitTech company helping bus/motorcoach and limo operators, employers, and schools implement efficient, sustainable, and affordable transportation programs. Pioneering transport as a benefit, Zeelo enables organizations to improve workforce and student mobility through tailored, tech-driven shuttle solutions. Zeelo’s software and managed services optimize routes, cut costs, reduce CO₂ emissions, and simplify transport management. Following the 2024 acquisition of Kura, Zeelo expanded its leadership in shared mobility for workforce and education transport. With a US headquarters in Boston, MA, and operations across the US, UK, and Ireland, Zeelo was founded in 2016 by Sam Ryan, Barney Williams, and Dani Ruiz. The co-founders previously sold their ride-sharing app JumpIn to Addison Lee in 2014.

    Media Contact:
    Jack Hardiman
    Global Communications

    For more information, please visit zeelo.co/operators

    The MIL Network –