Category: housing

  • MIL-OSI: Hyra Network Honored as “Technology Startup of the Year” at the 2025 Globee® Awards

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 30, 2025 (GLOBE NEWSWIRE) — The digital economy has witnessed transformative platforms that fundamentally changed resource sharing: Grab revolutionized transportation, Airbnb transformed hospitality, and Shein disrupted supply chains. Now, a Vietnamese technology company is redefining the next frontier-computational power sharing itself.

    Hyra Network has been officially named “Technology Startup of the Year” at the prestigious 2025 Globee® Awards for Technology, marking a watershed moment for decentralized artificial intelligence infrastructure. This recognition validates an ambitious vision that could reshape how the world builds, owns, and benefits from AI technology.

    (Official winner list available at: globeeawards.com/2025-winners-technology)

    The Vision Behind Innovation

    This breakthrough platform is researched and developed by Hyra Tek JCS (Vietnam) and operated by Hyra Tek Smart Solution L.L.C (UAE). Hyra Network’s mission is to democratize computational power by activating billions of idle devices and transforming everyday users into AI infrastructure providers.

    Hyra Network serves as the flagship platform alongside Hyra AI, creating an unprecedented model where computational resources are shared across distributed networks rather than concentrated in centralized data centers. If ride-sharing optimizes vehicle utilization and home-sharing maximizes property efficiency, then computational sharing unlocks vast processing power lying dormant in smartphones, computers, and IoT devices globally.

    Global Recognition for Excellence

    The Globee® Awards represent the technology sector’s highest honor, with winners selected by over 100 seasoned professionals including C-suite executives, venture capitalists, and industry analysts.

    “This honor transcends our company – it validates the entire movement toward democratized AI infrastructure,” said Mr. Jonh Tran, Founder of Hyra Network. “We’re witnessing global acknowledgment that the future of AI belongs not to centralized monopolies, but to communities that collectively own and benefit from these powerful technologies.”

    The decentralized AI infrastructure and compute resource-sharing model of Hyra Network

    Pioneering Community-Powered AI

    At its core, Hyra Tek’s innovation centers on Hyra AI, one of the world’s first Train-to-Earn platforms. This system allows users to convert personal devices into active AI training nodes, earning rewards while contributing to advanced model development. The Layer-3 blockchain architecture supports high-throughput, low-latency workloads, enabling scalable AI training and inference at the network’s edge.

    The economic model creates a virtuous cycle: participants provide computational resources, earn tangible rewards, and simultaneously advance AI capabilities that benefit the broader ecosystem.

    Global Impact

    Today, the Hyra ecosystem spans more than 205 countries, powering a global network of approximately 2.5 million connected devices, including 700,000 active online nodes and over 1 million KYC-verified users. With strong community engagement across Southeast Asia, Latin America, and Africa, Hyra delivers more than 360,000 teraflops of distributed computing power and supports a growing base of enterprise clients – now serving over 10 paying customers. This real-world adoption reaffirms Hyra’s core belief: that distributed, permissionless infrastructure can drive meaningful innovation while remaining truly open and accessible to all.

    As artificial intelligence and DePIN technologies gain momentum, Hyra positions itself at the technological vanguard, architecting the foundation for a more equitable, intelligent, and inclusive AI future.

    Media Contact

    Jess Dao – Brand Manager
    pr@hyra.network
    Office No. C1804-166 – Mulk Nakheel Celik Building, Business Bay, Dubai, UAE

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c68cfcf1-94ef-429d-a06b-2b7c914137de
    https://www.globenewswire.com/NewsRoom/AttachmentNg/aba5b027-80ec-4494-8ce1-41c720be04e8
    https://www.globenewswire.com/NewsRoom/AttachmentNg/05a2242b-5102-458c-ba09-cde359f246cd

    The MIL Network

  • MIL-OSI: Hyra Network Honored as “Technology Startup of the Year” at the 2025 Globee® Awards

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 30, 2025 (GLOBE NEWSWIRE) — The digital economy has witnessed transformative platforms that fundamentally changed resource sharing: Grab revolutionized transportation, Airbnb transformed hospitality, and Shein disrupted supply chains. Now, a Vietnamese technology company is redefining the next frontier-computational power sharing itself.

    Hyra Network has been officially named “Technology Startup of the Year” at the prestigious 2025 Globee® Awards for Technology, marking a watershed moment for decentralized artificial intelligence infrastructure. This recognition validates an ambitious vision that could reshape how the world builds, owns, and benefits from AI technology.

    (Official winner list available at: globeeawards.com/2025-winners-technology)

    The Vision Behind Innovation

    This breakthrough platform is researched and developed by Hyra Tek JCS (Vietnam) and operated by Hyra Tek Smart Solution L.L.C (UAE). Hyra Network’s mission is to democratize computational power by activating billions of idle devices and transforming everyday users into AI infrastructure providers.

    Hyra Network serves as the flagship platform alongside Hyra AI, creating an unprecedented model where computational resources are shared across distributed networks rather than concentrated in centralized data centers. If ride-sharing optimizes vehicle utilization and home-sharing maximizes property efficiency, then computational sharing unlocks vast processing power lying dormant in smartphones, computers, and IoT devices globally.

    Global Recognition for Excellence

    The Globee® Awards represent the technology sector’s highest honor, with winners selected by over 100 seasoned professionals including C-suite executives, venture capitalists, and industry analysts.

    “This honor transcends our company – it validates the entire movement toward democratized AI infrastructure,” said Mr. Jonh Tran, Founder of Hyra Network. “We’re witnessing global acknowledgment that the future of AI belongs not to centralized monopolies, but to communities that collectively own and benefit from these powerful technologies.”

    The decentralized AI infrastructure and compute resource-sharing model of Hyra Network

    Pioneering Community-Powered AI

    At its core, Hyra Tek’s innovation centers on Hyra AI, one of the world’s first Train-to-Earn platforms. This system allows users to convert personal devices into active AI training nodes, earning rewards while contributing to advanced model development. The Layer-3 blockchain architecture supports high-throughput, low-latency workloads, enabling scalable AI training and inference at the network’s edge.

    The economic model creates a virtuous cycle: participants provide computational resources, earn tangible rewards, and simultaneously advance AI capabilities that benefit the broader ecosystem.

    Global Impact

    Today, the Hyra ecosystem spans more than 205 countries, powering a global network of approximately 2.5 million connected devices, including 700,000 active online nodes and over 1 million KYC-verified users. With strong community engagement across Southeast Asia, Latin America, and Africa, Hyra delivers more than 360,000 teraflops of distributed computing power and supports a growing base of enterprise clients – now serving over 10 paying customers. This real-world adoption reaffirms Hyra’s core belief: that distributed, permissionless infrastructure can drive meaningful innovation while remaining truly open and accessible to all.

    As artificial intelligence and DePIN technologies gain momentum, Hyra positions itself at the technological vanguard, architecting the foundation for a more equitable, intelligent, and inclusive AI future.

    Media Contact

    Jess Dao – Brand Manager
    pr@hyra.network
    Office No. C1804-166 – Mulk Nakheel Celik Building, Business Bay, Dubai, UAE

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c68cfcf1-94ef-429d-a06b-2b7c914137de
    https://www.globenewswire.com/NewsRoom/AttachmentNg/aba5b027-80ec-4494-8ce1-41c720be04e8
    https://www.globenewswire.com/NewsRoom/AttachmentNg/05a2242b-5102-458c-ba09-cde359f246cd

    The MIL Network

  • MIL-OSI: Parker to Acquire Curtis Instruments, Expanding Electrification Offering

    Source: GlobeNewswire (MIL-OSI)

    • Enhances Electrification Capabilities with Complementary Technologies for In-Plant Material Handling and Off-Highway Market Applications
    • Adds Suite of Control Solutions to Pair with Parker’s Electric Motor and Motion Control Portfolio for Electric and Hybrid Solutions

    CLEVELAND, June 30, 2025 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has agreed to acquire Curtis Instruments, Inc. from Rehlko, for approximately $1 billion in cash. The transaction is subject to customary closing conditions, including receipt of applicable regulatory approvals, and is expected to close by the end of calendar year 2025.

    Curtis designs and manufactures motor speed controllers, instrumentation, power conversion and input devices that complement Parker’s strength in electric vehicle motors, hydraulic and electrification technologies. Curtis expects calendar year 2025 sales of approximately $320 million.

    “This transaction is aligned with the long-term electrification secular trend and meets our disciplined financial criteria for acquisitions designed to create shareholder value,” said Jenny Parmentier, Chairman and Chief Executive Officer. “Curtis adds complementary technologies to our existing industrial electrification platform, better positioning us to serve our customers as they continue the adoption of more electric and hybrid solutions. We anticipate a smooth closing and look forward to welcoming the Curtis team. Using our proven business system, The Win Strategy™, we believe we can deliver strong operational synergies, creating shareholder value.”

    Rehlko and its financial sponsor Platinum Equity praised the deal and the synergy between Parker and Curtis.

    “Rehlko is proud of the legacy and performance of Curtis as a high-performing, innovation-driven business,” said Brian Melka, President and Chief Executive Officer of Rehlko. “Parker is an exceptional company and we are confident Curtis will thrive from Parker’s increased scale, focus, and investment.”

    “We have great respect for Curtis, its leadership team and its innovative products, and we are confident that Parker Hannifin is the right home for the business going forward,” said Platinum Equity Co-President Jacob Kotzubei and Managing Director Matthew Louie in a joint statement.

    Advisors
    Guggenheim Securities, LLC is serving as financial advisor, Jones Day is serving as principal deal counsel, and Eversheds Sutherland is serving as European legal counsel to Parker. BofA Securities, Inc. and Goldman Sachs & Co. LLC are serving as financial advisors and Gibson Dunn & Crutcher LLP is serving as legal counsel to Rehlko.

    About Parker Hannifin

    Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has increased its annual dividend per share paid to shareholders for 69 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. Learn more at www.parker.com or @parkerhannifin.

    Forward-Looking Statements

    Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. Often but not always, these statements may be identified from the use of forward looking terminology such as “anticipates,” “believes,” “may,” “should,” “could,” “expects,” “targets,” “is likely,” “will,” or the negative of these terms and similar expressions, and may also include statements regarding future performance, orders, earnings projections, events or developments. Parker cautions readers not to place undue reliance on these statements. It is possible that the future performance may differ materially from expectations, including those based on past performance.

    Among other factors that may affect future performance are: changes in business relationships with and orders by or from major customers, suppliers or distributors, including delays or cancellations in shipments; disputes regarding contract terms, changes in contract costs and revenue estimates for new development programs; changes in product mix; ability to identify acceptable strategic acquisition targets; uncertainties surrounding timing, successful completion or integration of acquisitions and similar transactions, including the acquisition of Curtis Instruments, Inc.; ability to successfully divest businesses planned for divestiture and realize the anticipated benefits of such divestitures; the determination and ability to successfully undertake business realignment activities and the expected costs, including cost savings, thereof; ability to implement successfully business and operating initiatives, including the timing, price and execution of share repurchases and other capital initiatives; availability, cost increases of or other limitations on our access to raw materials, component products and/or commodities if associated costs cannot be recovered in product pricing; ability to manage costs related to insurance and employee retirement and health care benefits; legal and regulatory developments and other government actions, including related to environmental protection, and associated compliance costs; supply chain and labor disruptions, including as a result of tariffs and labor shortages; threats associated with international conflicts and cybersecurity risks and risks associated with protecting our intellectual property; uncertainties surrounding the ultimate resolution of outstanding legal proceedings, including the outcome of any appeals; effects on market conditions, including sales and pricing, resulting from global reactions to U.S. trade policies; manufacturing activity, air travel trends, currency exchange rates, difficulties entering new markets and economic conditions such as inflation, deflation, interest rates and credit availability; inability to obtain, or meet conditions imposed for, required governmental and regulatory approvals; changes in the tax laws in the United States and foreign jurisdictions and judicial or regulatory interpretations thereof; and large scale disasters, such as floods, earthquakes, hurricanes, industrial accidents and pandemics. Readers should also consider forward looking statements in light of risk factors discussed in Parker’s Annual Report on Form 10-K for the fiscal year ended June 30, 2024 and other periodic filings made with the SEC.

    Contact: Media –  
      Aidan Gormley – Director, Global Communications and Branding 216-896-3258
      aidan.gormley@parker.com  
         
      Financial Analysts –  
      Jeff Miller – Vice President, Investor Relations 216-896-2708
      jeffrey.miller@parker.com  

    The MIL Network

  • MIL-OSI: WISeKey Shareholders Approved All Agenda Items of the 2025 Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    WISeKey Shareholders Approved All Agenda Items of the 2025 Annual General Meeting

    Geneva, Switzerland, June 30, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its shareholders approved all items on the agenda of WISeKey’s 2025 Annual General Meeting held on June 27, 2025.

    Shareholders of WISeKey approved all proposals submitted by the Board of Directors, including the following:

    • The Annual Report 2024, including the audited consolidated and statutory financial statements;
    • Discharge of the Board and Executive Management for their activities during the financial year ended December 31, 2024;
    • An increase in the capital band, amending Article 4a of the Articles of Association to raise the upper limit from CHF 585,875.16 to CHF 636,095.10; Increase of the conditional share capital for:
      • Convertible and similar financial instruments (Article 4b letter a of the Articles of Association) from CHF 31,917.40 (319,174 Class B Shares) to CHF 168,031.70 (1,680,317 Class B Shares), and
      • Share-based compensation plans (Article 4b letter b of the Articles of Association) from 176,430 Class B Shares to 400,000 Class B Shares.

    Shareholders also confirmed the re-election of all eight current members of the Board of Directors, including Mr. Carlos Moreira as Chairman, for a one-year term ending at the conclusion of the 2026 AGM. Additionally, the AGM approved the re-election of the members of the Nomination and Compensation Committee, the Company’s statutory auditor BDO SA, and Anwaltskanzlei Keller AG as independent proxy.

    Carlos Moreira, Chairman of the Board of Directors, stated, “On behalf of the WISeKey management team, I would like to thank our valued shareholders for their continued support and the confidence. I would also like to thank our Board of Directors for their dedication as we work together towards building a stronger company and better company for all our stakeholders.”

    Financial Calendar:
    The 2025 Interim Report will be published by September 30, 2025.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com 
    WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com 

    The MIL Network

  • MIL-OSI United Nations: IOM Welcomes DRC–Rwanda Peace Agreement as Milestone Toward Lasting Stability

    Source: International Organization for Migration (IOM)

    Geneva/Nairobi, 30 June 2025 – The International Organization for Migration (IOM) welcomes the signing of a peace agreement between the Democratic Republic of the Congo and the Republic of Rwanda, brokered by the United States, the African Union, and the State of Qatar. The agreement represents a critical step toward ending decades of violence and displacement in the region and comes at a symbolic moment as the DRC marks 65 years of independence.

    “This agreement offers a rare and vital opportunity to chart a new course for peace and security in the Democratic Republic of the Congo,” said IOM Director General Amy Pope. “But peace must be felt on the ground. It must mean safety for families who have fled their homes, support for communities that have opened their doors to the displaced, and a future for young people who have known nothing but conflict. We call on the international community to seize this moment not just to support the political process, but to invest in the humanitarian and recovery efforts that will make peace real for millions of people.”

    Across the Democratic Republic of the Congo, millions continue to bear the brunt of one of the world’s most persistent and complex crises. In the eastern provinces alone, more than 700,000 people have been displaced since the start of 2024, forced to flee their homes as violence intensifies. Families have been uprooted multiple times, often with little more than what they can carry, seeking safety in overcrowded shelters, informal sites, or host communities that are already under strain.

    IOM teams have been delivering lifesaving assistance across the country, providing emergency shelter, health care, protection services, and mental health and psychosocial support to those most affected by the violence. Support is also being extended to host communities, many of whom are facing immense pressure as they take in those who have been forced to flee.

    While the peace agreement marks a hopeful turning point, the road to lasting stability will be long and complex. Years of conflict have left deep scars and humanitarian needs remain staggering. The peace agreement must now be matched by meaningful action on the ground.

    IOM reaffirms its unwavering commitment to the people of the Democratic Republic of the Congo. The Organization stands ready to work alongside national authorities, regional bodies, and international partners to ensure that this agreement translates into real and lasting progress, restoring dignity, rebuilding lives, and helping communities recover from the impacts of violence and displacement.

    For more information, please visit IOM’s Media Centre. 

    MIL OSI United Nations News

  • I am under no pressure; I do not exert pressure on anyone, nor do I work under pressure: Vice-President

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>When we go abroad, there is no ruling or opposition party — it’s only Bharat: Vice-President
    In politics, one may belong to different parties, but that does not mean we are enemies; our enemies may be across the borders, not within the country: Vice-President
    Legislatures must uphold the highest standards of conduct; If they fail to do so, citizens will turn to other platforms: Vice-President
    Vice-President addresses public gathering at ‘Sneh Milan Samaroh’ in Jaipur

    The Vice-President of India, Shri Jagdeep Dhankhar, today said, “I am not under pressure, I do not pressure anyone, I do not work under pressure, nor do I make others work under pressure.”

    https://twitter.com/VPIndia/status/1939599837579927882

    Addressing a public gathering at the ‘Sneh Milan Samaroh’ in Jaipur, Shri Dhankhar said, “I was a little concerned—not for my health—but for my friend, the former Chief Minister, who said we are under pressure. He is one of my oldest friends in Rajasthan politics and a well-wisher. Since he spoke publicly, I would also like to say publicly—he need not worry. I am under no pressure, nor do I pressure anyone, nor do I operate under pressure.”

    https://twitter.com/VPIndia/status/1939615411064213804

    Discussing the constitutional position of Governors, he remarked, “When the Governor is in the state, they are often treated like an easy punching bag.” He elaborated, “If the State government and the Central government are ruled by different political political parties, it becomes very easy to make allegations. But over time, this dynamic has changed — now even the Vice-President and the President are being dragged into this domain. This, in my view, is a matter of concern, reflection, and philosophical thought, and it is not appropriate.”

     

    Expressing concern over the current political climate, he said, “The current political atmosphere and temperature are not healthy — neither for individuals nor for democracy. It is a matter of concern and reflection.” He emphasized, “Power keeps changing hands; the ruling party becomes opposition, the opposition becomes ruling party. But that does not mean we should become enemies. Our enemies may lie across the border — not within the country.”

    https://twitter.com/VPIndia/status/1939607471641010602

    Highlighting that national interest should be above party politics, the Vice-President said, “When we travel abroad, there is no ruling or opposition party; we only represent Bharat — and this has now been demonstrated. This step shows that for us, the nation is supreme. National interest is our duty, Bharatiyata is our pride. Whenever India is the topic, we do not stand divided. Political differences exist within the country, but there are no personal animosities. This is a powerful message that everyone must understand.”

    https://twitter.com/VPIndia/status/1939613193577628124

    He further added, “The political temperature is becoming intolerable. Unrestrained statements are made casually. But we must understand that India represents one-sixth of the global population. No other country comes close. Who else possesses a 5000-year-old culture? It is unparalleled and extraordinary.”

     

    Speaking about responsible discourse, he said, “Often, in a state of emotion, we raise questions or encourage conflict — but if I am not the one getting hurt, I might say ‘keep fighting.’ These are not matters to be sensationalized in newspapers — they cause real pain. Our economy suffers deeply. And why? Because where was India 11 years ago? This is not a political matter. In every era, India has progressed. Great accomplishments were made in the 1950s, 60s, 70s. When I talk about the current era, it should not be seen as a comparison to previous ones — I am comparing India with the world.”

     

    He emphasized, “India was once counted among the five most fragile economies — today, it ranks among the world’s top four economies. Look at the countries we’ve surpassed. Just wait a little more — Japan, Germany, the UK, Canada, Brazil — all are behind us. Such a leap has been taken that the world refers to the last decade as the period of India’s economic rise — a feat unmatched by any other major nation.”

     

    Highlighting the role of the opposition in a democracy, the Vice-President said, “Opposition does not mean adversary. Democracy requires expression, debate, dialogue — what the Vedas call Anantavaad.”

     

    He warned, “When expression reaches a point where opposing views are dismissed entirely, expression loses its essence. Expression is crucial — it is the soul of democracy. But if it is suppressed or becomes so extreme that it ignores all other viewpoints, then it ceases to be meaningful. To make expression meaningful, debate is essential — and debate means engaging with people who disagree with you. There is a strong possibility that they may be right. That is why listening to others strengthens your own expression.”

     

    He also invoked the work of the Constituent Assembly, saying, “The Constituent Assembly took nearly three years — 2 years, 11 months, and 18 days — of painstaking effort to give us the Constitution.” He explained, “There were deep issues at the time; consensus was difficult, but they never engaged in confrontation. There was no disruption. Through dialogue and compromise, they arrived at consensus — confrontation never crossed their minds.”

     

    Speaking on policymaking in the interest of farmers, the Vice-President said, “If the subsidies given by the government to farmers reach them directly, every farming household could receive more than ₹30,000 per year.” He further added, “If fertilizer subsidies are transferred directly to farmers, the choice to adopt natural or organic farming will be theirs.”

    https://twitter.com/VPIndia/status/1939615942507639111

    He cited the example of the United States and said, “In the U.S., the average annual income of a farming household is higher than that of an average household — that’s the kind of direction we should aim for.”

     

    The Governor of Rajasthan, Shri Haribhau Kisanrao Bagde; the Speaker of the Rajasthan Legislative Assembly, Shri Vasudev Devnani; Leader of Opposition in the Assembly, Shri Tikaram Juli; Patron of the Rajasthan Progressive Forum, Shri Harimohan Sharma; and the Forum’s Working President, Shri Jeetram Chaudhary, and other dignitaries were also present on the occasion.

  • I am under no pressure; I do not exert pressure on anyone, nor do I work under pressure: Vice-President

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>When we go abroad, there is no ruling or opposition party — it’s only Bharat: Vice-President
    In politics, one may belong to different parties, but that does not mean we are enemies; our enemies may be across the borders, not within the country: Vice-President
    Legislatures must uphold the highest standards of conduct; If they fail to do so, citizens will turn to other platforms: Vice-President
    Vice-President addresses public gathering at ‘Sneh Milan Samaroh’ in Jaipur

    The Vice-President of India, Shri Jagdeep Dhankhar, today said, “I am not under pressure, I do not pressure anyone, I do not work under pressure, nor do I make others work under pressure.”

    https://twitter.com/VPIndia/status/1939599837579927882

    Addressing a public gathering at the ‘Sneh Milan Samaroh’ in Jaipur, Shri Dhankhar said, “I was a little concerned—not for my health—but for my friend, the former Chief Minister, who said we are under pressure. He is one of my oldest friends in Rajasthan politics and a well-wisher. Since he spoke publicly, I would also like to say publicly—he need not worry. I am under no pressure, nor do I pressure anyone, nor do I operate under pressure.”

    https://twitter.com/VPIndia/status/1939615411064213804

    Discussing the constitutional position of Governors, he remarked, “When the Governor is in the state, they are often treated like an easy punching bag.” He elaborated, “If the State government and the Central government are ruled by different political political parties, it becomes very easy to make allegations. But over time, this dynamic has changed — now even the Vice-President and the President are being dragged into this domain. This, in my view, is a matter of concern, reflection, and philosophical thought, and it is not appropriate.”

     

    Expressing concern over the current political climate, he said, “The current political atmosphere and temperature are not healthy — neither for individuals nor for democracy. It is a matter of concern and reflection.” He emphasized, “Power keeps changing hands; the ruling party becomes opposition, the opposition becomes ruling party. But that does not mean we should become enemies. Our enemies may lie across the border — not within the country.”

    https://twitter.com/VPIndia/status/1939607471641010602

    Highlighting that national interest should be above party politics, the Vice-President said, “When we travel abroad, there is no ruling or opposition party; we only represent Bharat — and this has now been demonstrated. This step shows that for us, the nation is supreme. National interest is our duty, Bharatiyata is our pride. Whenever India is the topic, we do not stand divided. Political differences exist within the country, but there are no personal animosities. This is a powerful message that everyone must understand.”

    https://twitter.com/VPIndia/status/1939613193577628124

    He further added, “The political temperature is becoming intolerable. Unrestrained statements are made casually. But we must understand that India represents one-sixth of the global population. No other country comes close. Who else possesses a 5000-year-old culture? It is unparalleled and extraordinary.”

     

    Speaking about responsible discourse, he said, “Often, in a state of emotion, we raise questions or encourage conflict — but if I am not the one getting hurt, I might say ‘keep fighting.’ These are not matters to be sensationalized in newspapers — they cause real pain. Our economy suffers deeply. And why? Because where was India 11 years ago? This is not a political matter. In every era, India has progressed. Great accomplishments were made in the 1950s, 60s, 70s. When I talk about the current era, it should not be seen as a comparison to previous ones — I am comparing India with the world.”

     

    He emphasized, “India was once counted among the five most fragile economies — today, it ranks among the world’s top four economies. Look at the countries we’ve surpassed. Just wait a little more — Japan, Germany, the UK, Canada, Brazil — all are behind us. Such a leap has been taken that the world refers to the last decade as the period of India’s economic rise — a feat unmatched by any other major nation.”

     

    Highlighting the role of the opposition in a democracy, the Vice-President said, “Opposition does not mean adversary. Democracy requires expression, debate, dialogue — what the Vedas call Anantavaad.”

     

    He warned, “When expression reaches a point where opposing views are dismissed entirely, expression loses its essence. Expression is crucial — it is the soul of democracy. But if it is suppressed or becomes so extreme that it ignores all other viewpoints, then it ceases to be meaningful. To make expression meaningful, debate is essential — and debate means engaging with people who disagree with you. There is a strong possibility that they may be right. That is why listening to others strengthens your own expression.”

     

    He also invoked the work of the Constituent Assembly, saying, “The Constituent Assembly took nearly three years — 2 years, 11 months, and 18 days — of painstaking effort to give us the Constitution.” He explained, “There were deep issues at the time; consensus was difficult, but they never engaged in confrontation. There was no disruption. Through dialogue and compromise, they arrived at consensus — confrontation never crossed their minds.”

     

    Speaking on policymaking in the interest of farmers, the Vice-President said, “If the subsidies given by the government to farmers reach them directly, every farming household could receive more than ₹30,000 per year.” He further added, “If fertilizer subsidies are transferred directly to farmers, the choice to adopt natural or organic farming will be theirs.”

    https://twitter.com/VPIndia/status/1939615942507639111

    He cited the example of the United States and said, “In the U.S., the average annual income of a farming household is higher than that of an average household — that’s the kind of direction we should aim for.”

     

    The Governor of Rajasthan, Shri Haribhau Kisanrao Bagde; the Speaker of the Rajasthan Legislative Assembly, Shri Vasudev Devnani; Leader of Opposition in the Assembly, Shri Tikaram Juli; Patron of the Rajasthan Progressive Forum, Shri Harimohan Sharma; and the Forum’s Working President, Shri Jeetram Chaudhary, and other dignitaries were also present on the occasion.

  • MIL-OSI Africa: Africa Launches First Pan-African Card Scheme – PAPSSCARD

    Source: Africa Press Organisation – English (2) – Report:

    Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 at the 32nd Afreximbank Annual Meetings (www.Afreximbank.com) in Abuja, Nigeria, the new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building resilient and independent payment systems, easing people travel and boosting trade integration.

    PAPSSCARD, a joint-venture between the African Export-Import Bank (Afreximbank), the Pan-African Payment and Settlement System (PAPSS) and Mercury Payment Services (MPS), enables fast, secure, and affordable retail payments across African borders. Today, most African card payments are routed through global systems causing increased fees and loss of data control. By processing transactions entirely within the continent, PAPSSCARD keeps value, data, and economic benefit in Africa.

    Speaking at the launch, Afreximbank President and Chairman of the Board of Directors, Professor Benedict Oramah, highlighted the significance of PAPSSCARD in reclaiming Africa’s financial autonomy. “For too long, Africa’s reliance on external payment systems has impeded trade, increased costs, and compromised control over our financial data. PAPSSCARD changes that. It empowers us to move money swiftly, securely, and affordably across our borders. It is a transformative step towards strengthening intra-African trade and preserving value within the continent.”

    Mike Ogbalu III, CEO of PAPSS, described PAPSSCARD as a major advancement in the continent’s financial architecture, noting that it is “more than just a payment tool, it is a powerful symbol of progress and a bold step towards financial independence.” He added that the card reflects Africa’s ability to create practical, home-grown solutions that align with how the continent trades, lives, and grows.

    Muzaffer Khokhar, Executive Chairman of Mercury, said the launch represents a milestone in Africa’s move toward financial sovereignty. “We are proud to support a system built by Africa, for Africa. This is about sovereignty, innovation, and building trust in African systems to shape the continent’s financial future. The PAPSS Card will become Africa’s most trusted payments brand, strengthening the backbone of the continent’s financial future.”

    John Bosco Sebabi, Acting CEO of PAPSSCARD, added that the new payment offering will unlock benefits for a wide range of stakeholders, from corporates and banks to merchants and individuals. He said that the PAPSSCARD card would “reduce costs for public institutions, support innovation across the financial sector, and expand access to secure, modern payment tools for people and businesses across the continent.”

    Commemorative cards were unveiled at the 32nd Afreximbank Annual Meetings to mark the launch of the PAPSSCARD.  This initiative was made possible by strategic partnerships with issuing banks – Bank of Kigali and I&M Bank Rwanda; Rswitch, Rwanda’s national switch – Smart Cash; and Unified Payments, ensuring its seamless acceptance throughout Nigeria.

    African central banks and payment systems are set to spearhead the continent-wide adoption and rollout of the new PAPSSCARD. This initiative will significantly advance Afreximbank’s strategy to promote financial inclusion and boost intra-African trade under the African Continental Free Trade Area (AfCFTA), fostering a more integrated and self-sustaining African economy.

    – on behalf of Afreximbank.

    Contact person:
    Papa Thiongane
    communications@papss.com

    Follow us on:
    LinkedIn: https://apo-opa.co/3I72Zpd
    Twitter: https://apo-opa.co/4nGjMzM
    Facebook: https://apo-opa.co/3TjrTEu
    YouTube: https://apo-opa.co/4etBnXs

    About PAPSS:
    The Pan-African Payment and Settlement System – PAPSS is a centralised Financial Market Infrastructure that enables the efficient flow of money securely across African borders, minimising risk and contributing to financial integration across the regions. PAPSS works in collaboration with Africa’s central banks to provide a payment and settlement service to which commercial banks and licensed payment service providers across the region can connect as ‘Participants.’ Afreximbank and the African Union (“AU”) first announced PAPSS at the Twelfth Extraordinary Summit of the African Union held on July 7, 2019, in Niamey, Niger Republic, therefore adopting PAPSS as a key instrument for the implementation of the African Continental Free Trade Agreement (AfCFTA). Further, in its thirteenth (13th) extraordinary session, held on December 5, 2020, the assembly of the African Union directed Afreximbank and the AfCFTA secretariat to finalise, among others, work on the Pan-African Payments and Settlements System (PAPSS). The 35th Ordinary Session of the Assembly of the AU further directed the AfCFTA and Afreximbank to deploy the system to cover the entire continent. PAPSS was officially launched in Accra, Ghana, on January 13, 2022, thus making it available for use by the public.

    For more information, visit: www.PAPSS.com.

    Media files

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    MIL OSI Africa

  • MIL-OSI Africa: Civil society activists in Renk raise concerns about child protection needs

    Source: Africa Press Organisation – English (2) – Report:

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    While South Sudan has committed to end the recruitment of boys and girls by armed forces, many children remain in the service of such groups. Others, who have been released from uniformed ranks, are facing difficulties reintegrating into civilian life, with some of them virtually living on the streets.

    “We should establish a reformatory protection center for children living in our neighborhoods. It would help keep them safe from violations of their rights and would allow us to coordinate initiatives to support them with relevant authorities,” says Nawadir Ajanouf, a concerned mother and civil society activist in Renk in northern Upper Nile State.

    Her opinion is shared by youth leader Adam Mayut, who often comes across both children affiliated with armed forces and others – many of whom are refugees from neighbouring Sudan – of the approximately 400 boys he says are roaming Renk’s streets and engaging in various kinds of petty crimes.

    “I ask them why they are loitering at the market and in other places, and they tell me they have nothing to eat and don’t receive the care they need at home. If we had a place where they could gather, we would be able to socialize them, give them food and engage them in sports or in cultural and other wholesome activities,” he says.

    They raised their concerns and suggestions during a two-day forum organized by the United Nations Mission in South Sudan (UNMISS) to increase awareness on how to keep children safe from grave violations of their rights, one of which is to not be recruited or in other ways used by armed groups.

    Apart from representatives of organized security forces and the judiciary, the training, attended by some 50 people, also targeted community leaders and members of various civil society organizations.

    “We are extending the scope of our child protection efforts by being more inclusive and building the capacity of more people to identify and report violations suffered by girls and boys,” explained Phillip Lah, a Child Protection Officer serving with the UN peacekeeping mission.

    Those in attendance also learnt more about how to protect themselves and their communities against the dangers posed by landmines, still a common threat in historically war-torn South Sudan, and other parts of the UNMISS mandate.

    – on behalf of United Nations Mission in South Sudan (UNMISS).

    MIL OSI Africa

  • MIL-OSI Africa: Assistant Minister Gbaa Engages United States (U.S.) Embassy Over Potential Visa Restrictions

    Source: Africa Press Organisation – English (2) – Report:

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    In a bid to prevent potential U.S. visa restrictions on Liberian nationals, the Assistant Minister for Public Affairs at the Ministry of Foreign Affairs, Hon. Saywhar Nana Gbaa, led an engagement with U.S. Embassy officials in Monrovia. The meeting was held with Mr. Nicolas Worden, Acting Consular Chief, and Mr. Raymond Stephens, Public Affairs Officer, to address concerns raised by the U.S. government that could result in stringent visa limitations within the next 50 days. The bilateral discussion, held at the U.S. Embassy, was part of a broader effort by the Government of Liberia to maintain strong diplomatic relations with the United States and ensure continued access to various categories of U.S. visas, including those for tourism, business, education, and immigration.

    During the meeting, U.S. officials expressed growing concern over multiple visa-related challenges originating from Liberia. These include the overstay of non-immigrant visitors and tourists, the submission of fraudulent documentation, and increasing incidents of misrepresentation such as falsified identities, family relationships, and travel purposes by visa applicants. According to Mr. Worden, approximately 20% of Liberians granted non-immigrant visas to the United States do not return at the end of their authorized stay. This statistic has triggered heightened scrutiny of visa applications from Liberia and has contributed to increased denial rates across multiple visa categories. The U.S. representatives acknowledged the proactive steps already being taken by the Government of Liberia, notably the formation of a high-level presidential task force spearheaded by H.E. President Joseph Nyuma Boakai, Sr., and co-led by Mme. Sara Beysolow Nyanti, Minister of Foreign Affairs. This task force was launched to diplomatically address and resolve the U.S. concerns in a timely and effective manner.

    The Ministry of Foreign Affairs emphasized that collaborative public affairs and communication strategies will be key in addressing the crisis. Hon. Saywhar Nana Gbaa and her team committed to spearheading comprehensive public awareness campaigns, including media outreach and community engagement, to educate citizens on the importance of compliance with visa terms and U.S. immigration policies. “The Ministry of Foreign Affairs views this issue as a matter of national urgency,” said Hon. Gbaa. “We remain fully committed to working in concert with the United States to address these concerns through transparency, diplomacy, and strategic public engagement. We urge all Liberians to adhere strictly to the rules governing their stay in the United States.” The potential restrictions outlined by the U.S. government cover a wide range of visa categories, including tourist (B-2)business (B-1)student visas (F-1)fiancée visas (K-1)non-immigrant visas, and the popular Diversity Visa (DV) program. The restrictions would not apply to lawful permanent residents but would significantly impact ordinary Liberians seeking temporary or permanent travel opportunities to the United States. 

    Liberia is among 36 countries reportedly under review by the U.S. government for potential visa sanctions. These concerns date back to assessments conducted during the Trump administration, which highlighted weaknesses in identity verification, passport security, overstay rates, and inadequate cooperation in repatriation of deportees. The U.S. maintains that countries failing to meet specified benchmarks within 60 days of the proclamation may face far-reaching visa restrictions. With only 50 days remaining, both governments agreed that immediate and consistent action is needed to address the outlined issues. The Ministry is calling on all relevant Liberian stakeholders, including travel agencies, immigration officers, and community leaders, to support this national endeavor. The Ministry of Foreign Affairs reaffirms its commitment to safeguarding Liberia’s global mobility and fostering strong bilateral ties with the United States. Further updates will be provided as diplomatic and public affairs efforts continue in the days ahead.

    – on behalf of Ministry of Foreign Affairs of Liberia.

    MIL OSI Africa

  • MIL-OSI USA: Torres Slams Homeland Security Funding Bill That Slashes FEMA, Cybersecurity, and Veterans

    Source: United States House of Representatives – Congresswoman Norma Torres (35th District of California)

    June 27, 2025

    Washington, D.C. — Today, Congresswoman Norma J. Torres (CA-35) condemned the Fiscal Year 2026 Homeland Security Appropriations bill during a full committee markup, calling it “dangerous, cruel, and a threat to public safety, constitutional rights, and national security.” Torres blasted House Republicans for gutting FEMA, slashing cybersecurity funding, and enabling violent immigration enforcement tactics that have led to the wrongful detention and deportation of immigrants, veterans, and even U.S. citizens.

    This past January, the Los Angeles area faced devastating wildfires.  Thousands of families lost their homes, hundreds of business owners lost their businesses, and there has been serious damage to roads, schools, and more.And since that time, more major disaster declarations have piled up.  Since January, there have been 25 major disaster declarations by FEMA. Natural disasters don’t look at state boundaries or political representatives- and when it comes to helping Americans in desperate need, we shouldn’t either.

    “This bill isn’t about safety — it’s about playing politics with people’s lives,” said Torres. “It dismantles disaster response, leaves our critical infrastructure vulnerable to cyberattacks, and bankrolls the unconstitutional targeting of communities like mine. From the wildfires in California to ICE raids on our streets, this bill cuts where we can least afford it and prioritizes cruelty over security.”

    Torres also warned that the bill cripples the Cybersecurity and Infrastructure Security Agency (CISA) just as the nation faces escalating threats from Iran and other adversaries. She announced the introduction of the Protecting America’s Cybersecurity Act to restore vital funding and staffing at CISA.

    Her due process for veterans amendment, would ensure that noncitizen veterans are not deported without access to legal representation. Non-citizen veterans can enlist in the military if they are legally residing in the United States. That means they chose to defend a country that isn’t their birthplace. They weren’t born here, but they believed in America enough to fight for it. That is a powerful act of loyalty and they should be given due process. 

    To address key gaps in the bill, Torres introduced three amendments:

    • Amendment #1: Provides $16.8 billion in emergency FEMA funding to help communities recover from major disasters in 2025, including wildfires, floods, and tornadoes across at least 13 states.

    • Amendment #2: Blocks any funding from being used to dismantle or undermine the Flores Settlement Agreement, which protects children in immigration custody with basic standards like safe conditions and limits on detention time.

    • Amendment #3: Prohibits the deportation of non-citizen U.S. military veterans without legal counsel and a fair hearing, and requires DHS to report on veteran deportation cases. Torres highlighted the recent deportation of Purple Heart Army veteran Sae Joon Park as a devastating example of injustice.

    Torres urged her colleagues to reject the bill and support amendments that restore public safety, protect children and veterans, and uphold the Constitution.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Congresswoman Torres Reintroduces Critical Asbestos Disclosure Bill During National Homeownership Month to Protect Renters and Homeowners

    Source: United States House of Representatives – Congresswoman Norma Torres (35th District of California)

    June 30, 2025

    Bill Seeks to help Homeowners and Renters Get Transparent Asbestos Hazard Disclosure in Residential Sales and Leases

    Washington, D.C. – During National Homeownership Month, Congresswoman Norma Torres, a member of the House Appropriations Subcommittee on Transportation, and Housing and Urban Development, and Related Agencies, reintroduced the Asbestos Exposure in Housing Reduction Act of 2025. This legislation would protect renters and homeowners nationwide by requiring full disclosure of asbestos hazards during the sale or lease of residential properties, with civil and criminal penalties for non-disclosure.

    “As we celebrate National Homeownership Month, it’s critical to prioritize the safety and health of those investing in their homes,” said Congresswoman Norma Torres. “Every renter and homeowner deserve transparency about environmental risks like asbestos before signing a lease or purchase agreement. This bill empowers families with the knowledge they need to protect their health and secure a safe home environment. No one should have to worry about hidden dangers in their home.”

    The Environmental Protection Agency announced a historic ban on ongoing asbestos uses, yet disclosure requirements vary widely across states. Notably, California landlords are currently not mandated to disclose asbestos risks.

    Key provisions of the Asbestos Exposure in Housing Reduction Act include:

    • Mandatory disclosure to buyers and renters of any known asbestos or asbestos-based hazards in the dwelling.

    • Provision of any available asbestos hazard evaluation reports from sellers or lessors to potential occupants.

    • A significant 10-day period for buyers or renters to conduct risk assessments or inspections for asbestos, ensuring informed decisions and peace of mind.

    • Inclusion of an Asbestos Warning Statement in every contract for purchase, sale, or lease, accompanied by a signed acknowledgment from the buyer or lessee confirming they understand the risks and had the opportunity to inspect.

    This legislation directs the Housing and Urban Development Secretary and the EPA Administrator to issue regulations ensuring these protections become standard practice.

    Bill text

    ###

    MIL OSI USA News

  • MIL-OSI: TruGolf Announces Portable Launch Monitor, LaunchBox, Available Globally on July 1st

    Source: GlobeNewswire (MIL-OSI)

    This new portable Launch Monitor by TruGolf is simple to use, compatible with PC and iOS Devices, and utilizes advanced hyper-speed camera technology to measure ball data inside and outdoors.

    Salt Lake City, Utah, June 30, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, has announced that its highly anticipated portable launch monitor, LaunchBox, will be available globally on July 1, 2025. This sleek, camera-based launch monitor delivers professional-grade accuracy at a price point that opens the door to millions of golfers around the world.

    LaunchBox offers tour-level precision in a portable package that is truly affordable for everyday golfers,” said Doug Bybee, Chief Revenue Officer at TruGolf. “Whether you’re a weekend warrior trying to drop a few strokes, or an elite player working on shot consistency, LaunchBox gives you the tools the pros rely on — without breaking the bank. We are thrilled to introduce this product and its features to all markets around the world.”

    Disrupting the $300M launch monitor market*

    For the first time in TruGolf’s 40-year history, the company is entering the high-growth, high-volume portable simulator space. Priced for accessibility, LaunchBox empowers TruGolf to compete directly in a global market of millions of home users, and driving range regulars—without sacrificing the accuracy or realism the brand is known for. 

    LaunchBox is a major step forward—not just for TruGolf, but for the game itself,” said Nate Larsen, Chief Experience Officer at TruGolf. “We’re delivering tour-level performance and accuracy to all golfers, whether they’re practicing in the backyard or playing one of the thousands of golf courses available to play in E6 APEX. LaunchBox positions us to compete in the fast-growing consumer golf tech market while expanding our digital ecosystem through subscription-based software. It also brings our IBM partnership into sharper focus, with E6 APEX powered by IBM watsonx.ai to deliver smarter, more immersive golf experiences. It’s a proud moment for our team—and a big win for golfers everywhere.”

    A New Era of Golf Performance + Entertainment

    Fully integrated with E6 APEX, TruGolf’s next-gen simulation platform, LaunchBox unlocks a full suite of features:

    • Club Fitting + Bag Mapping
    • 1,500+ Virtual Golf Courses (with new content monthly)
    • Gamified Practice + Improvement Challenges
    • Broadcast-Quality Commentary, powered by IBM watsonx.ai
    • Geospatial Mapping, GPS integration, and ultra-realistic course accuracy

    No Markers. No Special Balls. Just Incredible Data.

    LaunchBox leverages ultra high-speed cameras and infrared sensors to deliver 12+ key Shot metrics—without any stickers, special balls, or calibration. Its intuitive display and lightweight form factor make it ideal for use in the garage, backyard, or on the range using a mat. LaunchBox starts at $2,200 with available add-on Software and Golf Simulator Enclosure upgrades. 

    The system connects wirelessly via 5GHz Wi-Fi to PCs or iOS devices, ensuring seamless performance at home or on the go.

    LaunchBox is available exclusively on TruGolf’s website.

    *As per June 2025 Business Research Insight’s Golf Launch Monitor Report

    About TruGolf, Inc.

    Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf’s mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf’s team has built award-winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf’s beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.

    Forward-Looking Statements

    This news release contains certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute “forward-looking statements” and accordingly, involve estimates, assumptions, forecasts, judgements and uncertainties. Forward-looking statements include, without limitation, the timing of the reverse stock split. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

    Contact: Michael Bacal
                  mbacal@darrowir.com
                  917-886-9071

    Attachment

    The MIL Network

  • MIL-OSI: Heliene Closes 45X Investment Tax Credit Transfer, in Partnership with U.S. Bank

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN IRON, Minn. and MINNEAPOLIS, June 30, 2025 (GLOBE NEWSWIRE) — Heliene Inc., a customer-first provider of North American-made solar PV modules, today announced the sale of the 2025 Section 45X Advanced Manufacturing Production Tax Credit (45X credits). The transaction has been possible thanks to the environmental finance leadership of Minneapolis-based U.S. Bank.

    Heliene claimed eligibility for these 2025 tax credits under the guidelines of the Inflation Reduction Act’s Section 45X. Heliene manufactures high-quality, U.S.-made solar modules that feature a high volume of domestically-sourced components at two Minnesota facilities: one in Mountain Iron, MN and a second in Rogers, MN that came online in spring 2025. Across these two facilities, Heliene’s annual U.S.-based domestic solar module manufacturing capacity is 1.3GW, employing more than 500 Minnesotans in well-paying clean energy careers.

    U.S. Bank – through its subsidiary U.S. Bancorp Impact Finance – is one of the most active renewable energy investors and among the largest tax credit syndicators in the country. Through 45X tax credit syndications, it supports domestic production and investment in renewable energy technologies while providing investors predictable streams of tax benefits with customized tax credit portfolios aligned to environmental goals.

    This transaction marks the second tax credit transfer sale completed by Heliene in the past year. In September 2024, the Company sold an estimated $50M in 2023 and 2024 45X tax credits in one of the first deals of this kind for the solar manufacturing industry. The sale of 2025 credits affirms Heliene’s position as a leading domestic solar manufacturer and underscores continued demand for U.S. clean energy manufacturing. This transaction also represents Heliene and U.S. Bank’s shared commitment to driving job growth and economic development in the state of Minnesota.

    “We’re very proud to have worked with U.S. Bank on our second 45X tax credit transfer deal. Their position as a leading national brand and their commitment to furthering economic development across Minnesota made them an ideal partner for this transaction,” said Martin Pochtaruk, CEO of Heliene, Inc. “In monetising these additional tax credits, we can maintain our commitment to building a stronger, domestic solar supply chain and grow our Minnesota workforce to meet the target of American energy dominance.”

    “We are excited to leverage our custom financing solutions to help Heliene expand, create quality manufacturing jobs in U.S. Bank’s home state of Minnesota and support clean energy access,” said Adam Altenhofen, Impact Finance senior vice president of environmental finance production. “By incentivizing domestic production and investment in renewable energy, the 45X tax credit is already playing an important role in bolstering U.S. jobs and fostering economic growth.”

    This transaction follows the grand opening of Heliene’s Rogers, MN solar manufacturing facility in late May 2025. With an expanded U.S. footprint and funds from the sale of 2025 tax credits, the Company will continue its commitment to strengthen U.S. energy independence through domestic manufacturing and job creation. The Company also received a $2.9M contribution from the Minnesota Department of Employment and Economic Development (DEED) to support job creation for its new facility.

    About Heliene

    Heliene is a North American manufacturer of high-quality solar modules with a commitment to U.S. job creation and domestic content. They produce modules for residential, commercial, and utility-scale projects in their U.S. facilities, meeting customers’ requirements for incentives under the IRA’s Domestic Content Bonus. Heliene offers high-performance modules with competitive pricing and responsive support, making them a reliable partner for any solar project.

    Heliene operates two U.S.-based solar module manufacturing facilities with a combined annual module output capacity of 1.3GW. It employs more than 600 full and part-time solar industry professionals across its two manufacturing facilities and its Sault Ste. Marie, Ontario corporate office. For more information, please visit www.heliene.com.

    Media inquiries:
    FischTank PR
    heliene@fischtankpr.com  

    The MIL Network

  • MIL-OSI USA: Iranian national and wife federally indicted after wife threatens to shoot ICE officers in Tempe as a result of an ICE Arizona investigation

    Source: US Immigration and Customs Enforcement

    PHOENIX, Ariz. — A federal grand jury returned an indictment June 24 against Iranian national, Mehrzad Asadi Eidivand, 40, of Tempe, Arizona for alien in possession of a firearm, and against his wife, Linet Vartanniavartanians, 37, a U.S. citizen from Tempe, Arizona, for threatening to assault a federal officer. U.S. Immigration and Customs Enforcement and the FBI are conducting the investigation in this case.

    Documents filed in the case allege that ICE Enforcement and Removal Operations officers went to Eidivand and Vartanniavartanians’ Tempe residence on Saturday, June 21, to administratively arrest Eidivand for failing to comply with a 2013 removal order. Eidivand had challenged the removal order on several occasions, but the Board of Immigration Appeals denied those motions repeatedly. Despite the court order to return to his home country, Eidivand remained in the U.S. over a decade.

    When ICE ERO officers arrived at the couple’s residence, they announced themselves and were answered by Vartanniavartanians, who refused to open the door and told the officers to return with a warrant. Shortly thereafter, Tempe Police officers arrived on the scene and told ICE ERO that Vartanniavartanians had called the police and threatened to shoot the federal officers. She claimed that she had a loaded gun and that she would shoot anyone who tried to come inside the house. She also threatened to go outside and shoot ICE officers in the head. When the police dispatcher spoke with Eidivand, he confirmed that there were guns in the home.

    The following day, June 22, special agents with ICE Homeland Security Investigations and officers from ICE ERO executed a federal search warrant on the residence. Inside the home, agents found a loaded firearm on the kitchen counter and a second loaded firearm on a nightstand. Both Vartanniavartanians and Eidivand were arrested at the scene and taken into custody without further incident.

    A conviction for alien in possession of a firearm carries a maximum penalty of 15 years in prison, a maximum fine of $250,000, or both. A conviction for threatening to assault a federal officer carries a maximum sentence of 10 years in prison, a maximum fine of $250,000, or both.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations, and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces and Project Safe Neighborhood.

    An indictment is simply a method by which a person is charged with criminal activity and raises no inference of guilt. An individual is presumed innocent until evidence is presented to a jury that establishes guilt beyond a reasonable doubt.

    Assistant U.S. Attorney Addison Owen, District of Arizona, Phoenix, is handling the prosecution.

    MIL OSI USA News

  • MIL-OSI USA: Beautiful Moments: SFA Alum Brings Smiles to Bridal Couples with Live Event Painting

    Source: US State of Connecticut

    By the end of the year, Erin Leigh Boughamer will have attended more the 50 weddings – 31 of them in 2025 and all of them since 2022.

    It’s not that a tribe of friends are spontaneously making trips down the aisle, or even children of friends or friends of her children. It’s not that she’s stuck in a loop of invite after invite, caught in some practical joke or on a list of reception seat fillers.

    Boughamer ’94 (SFA) is an event painter, a wedding artist who now makes a living by focusing on flowers and gowns, first dances and first looks. The artwork she produces for each couple is the gift of a lifetime, keepsakes meant to endure until death do they part.

    At least one time, though, she was the gift, when a groom-to-be arranged for her to live-paint their first private dance as a token of affection for his bride.

    Erin Leigh Boughamer ’94 (SFA) is a live event painter who has 31 weddings booked this year. (Contributed art)

    “She started crying,” Boughamer says of the reveal. “The bride was walking through the reception room before the guests came in to look around at everything she had chosen for their decorations. She walked up to me thinking I was with the venue, when he looked at her and said, ‘This is my gift to you.’ Witnessing that beautiful little moment between the two of them was precious, and one I won’t soon forget.”

    When Boughamer left UConn three decades ago with a degree in graphic design from the School of Fine Arts, event painting hadn’t yet become part of bridal vocabulary. People talked about videographers and photographers to document the day, not painters to encapsulate a single moment.

    To ask her back then if she foresaw herself with a wardrobe of dressy pantsuits, each with at least a little dollop of acrylic paint on them, she’d have said no way. Then again, she might have said no way to some of the other professions she’s held along the way.

    House stager. Interior designer. Children’s clothing designer. Private art teacher. Crafter on the green. Marketer. Public school teacher. Business owner. Entrepreneur. Gallery artist.

    There might even be more, as she dabbled in small creative outlets through the years while staying home to raise her children. The last few, however, have been the most influential on her work today, all coming over the last 12 years as she set out on an unintentional quest to find her spark.

    Reigniting That Flame

    “Every time I go in the studio, whether I’m cleaning and organizing it, drawing and painting, or simply making sketches that aren’t a beautiful end product, just doing something, anything, I come out happy every single time,” Boughamer says. “I think we’re all like that. We all need to have some form of expression. We’ve gotten to the point where life is all work, family, house chores, go to bed, and do it again. We don’t allow ourselves the time or the space to express ourselves or be creative. I think even the simplest act of creating can keep us sane.”

    Around 2013, Boughamer moved into the workforce full time when her two kids were older and took a job in network marketing selling health and wellness products, a job that was far from the world of art but nonetheless important to her future.

    It’s where she learned branding, public speaking, and sales pitching. She learned how to approach people and how to talk to them. She learned how to sell someone something by sharing her story and building relationships. These were business skills that hadn’t been offered before, and it was a job that inadvertently gave her a business education.

    So, when she came across the then-burgeoning paint-and-sip industry – those popular paint nights that usually involve a group of people noshing on hors d’oeurves and sipping beverages while being guided through a painting project – she’d gained the business know-how to move ahead with her own.

    Paint Sip Fun became a near overnight success, Boughamer says, with she and 30 part-timers teaching sometimes two to three classes a day at restaurants, banquet halls, private residences, bars, and other places all around Connecticut and Massachusetts.

    One class drew 198 students and required 10 assistants – and was the best time ever, she says.

    What really makes my heart sing is that person coming in, saying, ‘I can’t even draw a straight line,’ and walking out two hours later saying, ‘I did that.’ That’s what really makes me happy, helping others to reignite that creative flame that lies dormant inside most of us. &#8212 Erin Leigh Boughamer ’94 (SFA)

    “What really makes my heart sing is that person coming in, saying, ‘I can’t even draw a straight line,’ and walking out two hours later saying, ‘I did that.’ That’s what really makes me happy, helping others to reignite that creative flame that lies dormant inside most of us,” she says.

    Back when she was selling health products, there was a point when Boughamer asked herself why that job. Was it to just to make money? Was it just to pay the bills? Was it to sharpen a business acumen? The answer boiled down to something pretty simple.

    She found fulfillment in empowering others, whether to transform their bodies or draw a straight line.

    “If you don’t have that drive, that passion, that fire, you’re going to fizzle out. I want to make an impact on other people’s lives,” she says of her impulse. “I want the woman who hasn’t done art since the third grade be amazed by what she’s created at the end of a class.”

    Even as the pandemic put a temporary end to in-person group classes, each night for three months Boughamer got on social media at 6 p.m. to talk people through an art project with supplies they had at home.

    This is how you can draw with a crayon. Here’s what a marker can do. Do you have a pencil? It’s a dream tool for blending and shading.

    That maintained her clientele, who when they left their houses as pandemic restrictions lifted, clamored for her to open a physical studio, and while she did in Somers for about 18 months, Boughamer’s own life had taken a turn.

    She’d gone back to school to earn a teaching degree and by now was working with school-aged children. Running a physical location while working full time proved incompatible, so she returned to the flexibility of a mobile paint-and-sip model.

    And then, lightning struck while leading a class for a bridal party.

    Taking It Seriously

    “’Can you live paint my wedding?’” Boughamer says the bride-to-be asked her. “I was confused. ‘What are you talking about?’ She explained it to me, showed me pictures, and I agreed. Then, a couple people randomly found me in 2023, probably from a social post, and last year I decided to give it a go. 2024 was really my first year in the event painting business, as that’s when I created a website and started marketing at bridal shows.”

    Last year brought her to 18 weddings, earning enough to outpace what she made as a public school teacher. This year has her at 31 weddings – three over Memorial Day weekend alone – and now contemplating whether to shift her professional efforts solely to Paint Sip Fun and Event Painting by Erin, along with some gallery work.

    Erin Leigh Boughamer ’94 (SFA) is a live event painter who has 31 weddings booked this year. (Contributed art)

    She also paints live at fundraisers and charity auctions, with her first on Nantucket last summer for the Great Harbor Yacht Club Foundation to help with its efforts to preserve Nantucket Harbor.

    “It’s not that I don’t like teaching in schools, I do, I just want to build the businesses properly. I want to really set the foundation and proper business structure,” she says, adding that she’s on the hunt for a business coach to help.

    Art was something gifted to Boughamer in part through genetics. Her grandmother: artist. Aunt: artist. Mom: crafty. Dad: encouraging, with a side of business savvy.

    She started at UConn as a psychology major, earning a D and D- in those first two intro classes, mostly because she wasn’t interested in the subject matter. But her GPA was bolstered by the A+ in the elective art class she took.

    “When I got home after freshman year, my dad sat me down and asked me why I wasn’t doing something with art. ‘Clearly, you’re good at it. You got an A+ in your elective drawing class. Why don’t you take it seriously?’ I looked at him and said, ‘I can do that?’ I didn’t know I could. From then on, it never stopped,” she says.

    A couple years ago, Boughamer says she started to get restless and sought to find her art, the work that would show the world the contradictory bohemian and reserved parts of her personality, born of the free spirit side of her dad and the pearls-and-heels influence of her mom.

    Erin Leigh Boughamer ’94 (SFA) exhibited her painting series, “Calming Chaos,” at The Jorgensen Gallery in March. (Courtesy of Molly Mia Photography & Film LLC)

    The series that developed, “Calming Chaos,” puts on canvas her love for architectural, geometric shapes alongside a freeform, almost carefree style of painting. After hours, in her studio at home in Hampden, Massachusetts, she says one could find her literally throwing paint one minute and the next sitting with a ruler and compass.

    “I had this series almost done, and I thought how poignant it would be if I could show it at the place where my whole art career began,” she says, explaining she called Emily Murray, alumni relations director at the UConn Foundation, with whom she’d worked before, to ask if UConn had a place.

    The Jorgensen Gallery agreed, and in March, Boughamer, as Fine Art by Erin, returned to her alma mater as a gallery artist, having created several canvas pieces as large as 5-by-6-feet as showstoppers. She sold four artworks from the show to collectors in New York City.

    The opening fed her soul, and now she’s in the thick of wedding season.

    Capturing a Moment

    “It’s kind of a throwback to the old days,” she says of live wedding painting. “Before the camera was invented, all couples had to remember their day was a painting. It’s almost full circle that way. Brides these days want an heirloom keepsake and instead of having a photo like we had, it’s a painting.”

    Live wedding painting, while somewhat a new add-on to weddings in the Northeast, started to migrate from California about a decade ago, Boughamer says, working its way through the country, artist by artist, who now talk shop on social media about things like contract language and technique.

    With her couples, though, Boughamer talks about what moment they want to preserve, but the answer to that oftentimes comes only after answering the second question.

    Is it important to include the bride’s bouquet in the painting? If so, then the first dance in which the couple would be holding each other and not likely the bouquet, probably is out of contention. Is grandma’s pearl necklace an important detail? If so, the back of the couple’s heads or even a side view at the altar probably wouldn’t work so well.

    Is there a visible tattoo that ought not be overlooked? Should the dogs somehow be set in the scene? How much of the architecture and décor of the barn, ballroom, reception hall, church, outdoor garden should be in the background? The bride has on a cape not a veil. Yes, the cape should be included, how can that be best emphasized?

    “I ask these things for two reasons. First, this is something the couple is going to stare at the rest of their lives. Second, the very first bride was very particular and knew she wanted the dipping kiss pose because she was wearing Christian Louboutin red-bottom shoes and wanted them in the painting,” Boughamer says. “The painting has to be really tailored to exactly what the couple is looking for.”

    Erin Leigh Boughamer ’94 (SFA) is a live event painter who has 26 weddings booked this year. She not only paints the wedding couple but also can sketch guest portraits. (Contributed art)

    The betrothed also must decide if they want any of the other painting options Boughamer offers – guest paintings, 5-by-7-inch watercolor illustrations of each guest often given as favors, and collaborative paintings that engage the artistic efforts of guests in a sort of paint by number kind of way.

    In one instance, the couple had restored an old truck together and mentioned to Boughamer there’s a special dirt road where they like to take it. So, she grabbed photos of the road and the truck and painted the focal point of the truck in the piece, sectioning off the rest of the canvas into little blocks for each guest to contribute.

    One by one, she gives each guest an art lesson, handing them a palette of paint and instructing them exactly how to layer it on. Nervous guests who can’t even draw a straight line are reassured: it’s a very small area; no, they can’t mess it up. She won’t put red paint on the palette for a guest who’s painting the water in a beach scene.

    An added bonus is a photograph of each guest in the act, pictures added to a guest-autographed book and given to the couple.

    Boughamer relies on photographs for much of her live event work, taking pictures of the dogs to add in later, or the gardens, or the mountains in the distance, because most of the canvases get finished back in her studio – another 20 to 40 hours of work ahead.

    “Some weddings are more quiet and more subdued, while some are just a flat-out party,” she says. “I enjoy all of them because I like being with people and interacting with guests. I have yet to be at a wedding where someone didn’t come talk to me and express amazement by what I do.”

    Usually, guests remark that they can’t wait to see the final product, and since that’ll likely happen back in the studio, she gives blank note cards depicting the piece to each couple for use as thank yous.

    People have an intrinsic desire to be creative, she says. Just watching a painting being done in real-time can be invigorating; it’s like watching the birth of something from nothing.

    “We are creative creatures whether you’re creating dinner, creating a garden, creating a spreadsheet, or creating an outfit for the day. Everyone creates something, it doesn’t matter what. It’s our human nature to create,” she says.

    MIL OSI USA News

  • MIL-OSI: Uni-Fuels Strengthens Asian Market Presence with A New Office in Shanghai

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 30, 2025 (GLOBE NEWSWIRE) — Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced the opening of a new office in Shanghai. As part of the Company’s global expansion strategy, Uni-Fuels has also established an office in Dubai, located near Fujairah, in April.

    Centrally located in Lujiazui, the subsidiary Uni-Fuels (Shanghai) Co., Ltd., also known as Uni-Fuels Shanghai, marks a significant milestone for the Company, positioning it to meet the growing demand for reliable, sustainable marine fuel solutions across Asia. As home to the world’s busiest container port, Shanghai serves as a vital maritime hub and gateway to global shipping. The establishment of this office reinforces the Company’s commitment to supporting customers and working partners with local expertise and global standards.

    Speaking on the Company’s growing presence in Asia, Alan Tan, Senior Vice President, Commercial of Uni-Fuels, underscored, “Calibrated efforts to expand our geographical footprint reflect the Company’s dedication to being where our customers and suppliers operate. With this new office, we walk the talk of putting our customers first by leveraging expertise, enhanced operational reach and greater service responsiveness to better serve them. Our local team possesses a deep understanding of the Asian market, enabling us to respond nimbly to customers’ needs and the evolving dynamics in our operating landscape.”

    “Close geographic ties enable more frequent face-to-face interactions with suppliers, which facilitate quicker problem-solving and support regional sourcing strategies that bolster supply chain resilience. Customers can look forward to an expanded offering of customer-centric solutions, enhanced operational support, and a broader supply network across global shipping routes.”

    “As a growing player in the bunker industry, Shanghai is an excellent platform to gain access to real-time intelligence on fuel supply dynamics, regulatory changes, and emerging demand trends that are essential for proactive and efficient fuel procurement,” added Mr. Tan.

    Anchored in an ongoing expansion plan, Uni-Fuels is actively forging robust regional partnerships and deepening access in key marine fuel hubs. Moving ahead, the Company continues to play an integral role in the maritime value chain, shaping sustainable bunkering solutions and empowering ship operators with diverse, efficient fuel options that meet the needs of the nascent maritime sector.

    About Uni-Fuels Holdings Limited

    Uni-Fuels is a fast-growing global provider of marine fuel solutions, helping shipping companies optimize fuel procurement across all markets and time zones. Founded in 2021, Uni-Fuels has evolved from modest beginnings into a dynamic, forward-thinking company. Backed by a passionate team and a growing presence across multiple locations, it has forged trusted partnerships with customers, supporting them in achieving their operational objectives with confidence, from shore to shore.

    For more information, visit www.uni-fuels.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Uni-Fuels’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the Company’s annual report on Form 20-F filed with the SEC on April 22, 2025. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    Contact Information

    For Investor Relations:

    Uni-Fuels Holdings Ltd
    Email: investors@uni-fuels.com

    The MIL Network

  • MIL-OSI: Richtech Robotics Joint Venture Partner Secures $4M Sales Agreement to Expand Reach in Asia’s AI Robotics Market

    Source: GlobeNewswire (MIL-OSI)

    Agreement with Beijing Tongchuang Technology Development Co., Ltd. strengthens regional momentum through purchase, service, and licensing of flagship products

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the signing of a multi-million-dollar sales agreement with Beijing Tongchuang Technology Development Co., Ltd. by its Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd.

    The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech’s key product lines: ADAM, Scorpion, and Titan. The deal expands the company’s footprint in China and opens the door for additional potential opportunities across the Asian market. The agreement is expected to increase the company’s fourth quarter revenue as well as to drive recurring revenue moving forward.

    “This agreement represents a major milestone in our international growth strategy,” said Matt Casella, President of Richtech Robotics. “We’re excited to offer our AI-driven solutions to more businesses across Asia, with the aim of helping them enhance operational efficiency and customer experiences through next-generation robotics.”

    This partnership builds on Richtech Robotics’ commitment to global expansion, offering advanced service robot solutions tailored to high-demand sectors such as hospitality, retail, manufacturing, and healthcare.

    Richtech Robotics has deployed over 400 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include, Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

    About Richtech Robotics

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

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the successful implementation of the terms of the sales agreement, the expected impact of such sales on Richtech Robotics’ future revenue, and the of the success of Richtech Robotics’ international expansion strategy.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the ability of each party to carry out its respective obligations under the sales agreement, performance of Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, as amended on February 7, 2025 and March 4, 2025 and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

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

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

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

    The MIL Network

  • MIL-OSI: Richtech Robotics Joint Venture Partner Secures $4M Sales Agreement to Expand Reach in Asia’s AI Robotics Market

    Source: GlobeNewswire (MIL-OSI)

    Agreement with Beijing Tongchuang Technology Development Co., Ltd. strengthens regional momentum through purchase, service, and licensing of flagship products

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the signing of a multi-million-dollar sales agreement with Beijing Tongchuang Technology Development Co., Ltd. by its Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd.

    The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech’s key product lines: ADAM, Scorpion, and Titan. The deal expands the company’s footprint in China and opens the door for additional potential opportunities across the Asian market. The agreement is expected to increase the company’s fourth quarter revenue as well as to drive recurring revenue moving forward.

    “This agreement represents a major milestone in our international growth strategy,” said Matt Casella, President of Richtech Robotics. “We’re excited to offer our AI-driven solutions to more businesses across Asia, with the aim of helping them enhance operational efficiency and customer experiences through next-generation robotics.”

    This partnership builds on Richtech Robotics’ commitment to global expansion, offering advanced service robot solutions tailored to high-demand sectors such as hospitality, retail, manufacturing, and healthcare.

    Richtech Robotics has deployed over 400 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include, Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

    About Richtech Robotics

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

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the successful implementation of the terms of the sales agreement, the expected impact of such sales on Richtech Robotics’ future revenue, and the of the success of Richtech Robotics’ international expansion strategy.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the ability of each party to carry out its respective obligations under the sales agreement, performance of Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, as amended on February 7, 2025 and March 4, 2025 and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

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

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

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

    The MIL Network

  • MIL-OSI: Apollo Announces Olympus Housing Capital

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced the launch of Olympus Housing Capital (“Olympus” or the “Company”), a new homebuilder finance strategy. Olympus is an affiliate of Apollo and focuses on providing capital solutions to homebuilders across the United States to finance land acquisition and development work required to transform entitled residential land into finished lots ready for home construction. Olympus is led by CEO Andrew Brausa, an industry veteran with more than two decades of experience in residential housing.

    Olympus operates at the intersection of multiple secular tailwinds including the structural under-supply of single-family homes and homebuilder finance increasingly relying upon customized private financing solutions. Olympus’ originations are backed by capital from Apollo-managed funds and affiliated balance sheets, and the Company will target both public and private homebuilder customers who increasingly require scaled capital partners to support their growth ambitions and increase the supply of housing in the United States.

    Apollo Partners Peter Sinensky and Nancy de Liban said, “Olympus sits at the epicenter of multiple focus areas for Apollo and builds upon our expertise in residential real estate and asset-backed finance origination. This new strategy represents a highly scalable business that is poised to deliver flexible capital solutions to an underbuilt market with favorable long-term macroeconomic tailwinds, and we are pleased to partner with Andrew and leverage his extensive experience and strong track record in the sector.”

    Olympus CEO Andrew Brausa said, “I am excited to join forces with Apollo to launch Olympus amid robust and growing demand for reliable homebuilder capital solutions. With a flexible investment mandate and significant operating capabilities, we believe Olympus can provide value-add services that align with the interests of our clients and their community residents. I look forward to collaborating with Nancy, Peter and the Apollo team as we seek to scale the strategy and solve for a critical funding need helping facilitate new home ownership across the country.”

    Mr. Brausa has over 20 years of investment experience and most recently founded and managed Brookfield Asset Management’s land financing strategies. Previously, Brausa co-founded Domain Real Estate Partners to execute private land financings. He has also managed public market investment portfolios at DW Partners and held senior investment roles at several global asset managers.

    To learn more about Olympus, visit www.olympushc.com.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network

  • MIL-OSI Submissions: Ancient fossils show how the last mass extinction forever scrambled the ocean’s biodiversity

    Source: The Conversation – USA (2) – By Stewart Edie, Research Geologist and Curator of Paleobiology, Smithsonian Institution

    Even bivalves looked different during the time of the dinosaurs, as these fossils of an ultra-fortified oyster, left, and armored cockle show. Smithsonian Institution

    About 66 million years ago – perhaps on a downright unlucky day in May – an asteroid smashed into our planet.

    The fallout was immediate and severe. Evidence shows that about 70% of species went extinct in a geological instant, and not just those famous dinosaurs that once stalked the land. Masters of the Mesozoic oceans were also wiped out, from mosasaurs – a group of aquatic reptiles topping the food chain – to exquisitely shelled squid relatives known as ammonites.

    Even groups that weathered the catastrophe, such as mammals, fishes and flowering plants, suffered severe population declines and species loss. Invertebrate life in the oceans didn’t fare much better.

    But bubbling away on the seafloor was a stolid group of animals that has left a fantastic fossil record and continues to thrive today: bivalves – clams, cockles, mussels, oysters and more.

    What happened to these creatures during the extinction event and how they rebounded tells an important story, both about the past and the future of biodiversity.

    Surprising discoveries on the seafloor

    Marine bivalves lost around three-quarters of their species during this mass extinction, which marked the end of the Cretaceous Period. My colleagues and I – each of us paleobiologists studying biodiversity – expected that losing so many species would have severely cut down the variety of roles that bivalves play within their environments, what we call their “modes of life.”

    But, as we explain in a study published in the journal Sciences Advances, that wasn’t the case. In assessing the fossils of thousands of bivalve species, we found that at least one species from nearly all their modes of life, no matter how rare or specialized, squeaked through the extinction event.

    Statistically, that shouldn’t have happened. Kill 70% of bivalve species, even at random, and some modes of life should disappear.

    Bivalves had an amazing array of life modes just before the end-Cretaceous mass extinction 66 million years ago. Incredibly, despite the loss of 70% of their species, all but two modes of life survived – Nos. 2 and 10.
    Adapted from Edie et al. 2025, Science Advances

    Most bivalves happily burrow into the sand and mud, feeding on phytoplankton they strain from the water. But others have adopted chemosymbionts and photosymbionts – bacteria and algae that produce nutrients for the bivalves from chemicals or sunlight in exchange for housing. A few have even become carnivorous. Some groups, including the oysters, can lay down a tough cement that hardens underwater, and mussels hold onto rocks by spinning silken threads.

    We thought surely these more specialized modes of life would have been snuffed out by the effects of the asteroid’s impact, including dust and debris likely blocking sunlight and disrupting a huge part of the bivalves’ food chain: photosynthetic algae and bacteria. Instead, most persisted, although biodiversity was forever scrambled as a new ecological landscape emerged. Species that were once dominant struggled, while evolutionary newcomers rose in their place.

    The reasons some species survived and others didn’t leave many questions to explore. Those that filtered phytoplankton from the water column suffered some of the highest species losses, but so did species that fed on organic scraps and didn’t rely as much on the Sun’s energy. Narrow geographic distributions and different metabolisms may have contributed to these extinction patterns.

    Biodiversity bounces back

    Life rebounded from each of the Big Five mass extinctions throughout Earth’s history, eventually punching through past diversity highs. The rich fossil record and spectacular ecological diversity of bivalves gives us a terrific opportunity to study these rebounds to understand how ecosystems and global biodiversity rebuild in the wake of extinctions.

    The extinction caused by the asteroid strike knocked down some thriving modes of life and opened the door for others to dominate the new landscape.

    The rebound from the extinction wasn’t so straightforward. Some modes of life lost nearly all their species, never to recover their past diversity. Others rose to take the top ranks. Genera is the plural of genus.
    Adapted from Edie et al. 2025, Science Advances

    While many people lament the loss of the dinosaurs, we malacologists miss the rudists.

    These bizarrely shaped bivalves resembled giant ice cream cones, sometimes reaching more than 3 feet (1 meter) in size, and they dominated the shallow, tropical Mesozoic seas as massive aggregations of contorted individuals, similar to today’s coral reefs. At least a few harbored photosymbiotic algae, which provided them with nutrients and spurred their growth, much like modern corals.

    An ancient fossil of a rudist from before the last mass extinction. These bivalves could grow to a meter high.
    Smithsonian Institution

    Today, giant clams (Tridacna) and their relatives fill parts of these unique photosymbiotic lifestyles once occupied by the rudists, but they lack the rudists’ astonishing species diversity.

    Mass extinctions clearly upend the status quo. Now, our ocean floors are dominated by clams burrowed into sand and mud, the quahogs, cockles and their relatives – a scene far different from that of the seafloor 66 million years ago.

    New winners in a scrambled ecosystem

    Ecological traits alone didn’t fully predict extinction patterns, nor do they entirely explain the rebound. We also see that simply surviving a mass extinction didn’t necessarily provide a leg up as species diversified within their old and sometimes new modes of life – and few of those new modes dominate the ecological landscape today.

    Like the rudists, trigoniid bivalves had lots of different species prior to the extinction event. These highly ornamented clams built parts of their shells with a super strong biomaterial called nacre – think iridescent pearls – and had fractally interlocking hinges holding their two valves together.

    An ancient fossil of a pearly but tough trigoniid bivalve from the last mass extinction. The two matching shells show their elaborate hinge.
    Smithsonian Institution

    But despite surviving the extinction, which should have placed them in a prime position to accumulate species again, their diversification sputtered. Other types of bivalves that made a living in the same way proliferated instead, relegating this once mighty and global group to a handful of species now found only off the coast of Australia.

    Lessons for today’s oceans

    These unexpected patterns of extinction and survival may offer lessons for the future.

    The fossil record shows us that biodiversity has definite breaking points, usually during a perfect storm of climatic and environmental upheaval. It’s not just that species are lost, but the ecological landscape is overturned.

    Many scientists believe the current biodiversity crisis may cascade into a sixth mass extinction, this one driven by human activities that are changing ecosystems and the global climate. Corals, whose reefs are home to nearly a quarter of known marine species, have faced mass bleaching events as warming ocean water puts their future at risk. Acidification as the oceans absorb more carbon dioxide can also weaken the shells of organisms crucial to the ocean food web.

    Findings like ours suggest that, in the future, the rebound from extinction events will likely result in very different mixes of species and their modes of life in the oceans. And the result may not align with human needs if species providing the bulk of ecosystem services are driven genetically or functionally extinct.

    The global oceans and their inhabitants are complex, and, as our team’s latest research shows, it is difficult to predict the trajectory of biodiversity as it rebounds – even when extinction pressures are reduced.

    Billions of people depend on the ocean for food. As the history recorded by the world’s bivalves shows, the upending of the pecking order – the number of species in each mode of life – won’t necessarily settle into an arrangement that can feed as many people the next time around.

    Stewart Edie receives funding from the Smithsonian Institution.

    ref. Ancient fossils show how the last mass extinction forever scrambled the ocean’s biodiversity – https://theconversation.com/ancient-fossils-show-how-the-last-mass-extinction-forever-scrambled-the-oceans-biodiversity-258389

    MIL OSI

  • MIL-OSI Submissions: Ancient fossils show how the last mass extinction forever scrambled the ocean’s biodiversity

    Source: The Conversation – USA (2) – By Stewart Edie, Research Geologist and Curator of Paleobiology, Smithsonian Institution

    Even bivalves looked different during the time of the dinosaurs, as these fossils of an ultra-fortified oyster, left, and armored cockle show. Smithsonian Institution

    About 66 million years ago – perhaps on a downright unlucky day in May – an asteroid smashed into our planet.

    The fallout was immediate and severe. Evidence shows that about 70% of species went extinct in a geological instant, and not just those famous dinosaurs that once stalked the land. Masters of the Mesozoic oceans were also wiped out, from mosasaurs – a group of aquatic reptiles topping the food chain – to exquisitely shelled squid relatives known as ammonites.

    Even groups that weathered the catastrophe, such as mammals, fishes and flowering plants, suffered severe population declines and species loss. Invertebrate life in the oceans didn’t fare much better.

    But bubbling away on the seafloor was a stolid group of animals that has left a fantastic fossil record and continues to thrive today: bivalves – clams, cockles, mussels, oysters and more.

    What happened to these creatures during the extinction event and how they rebounded tells an important story, both about the past and the future of biodiversity.

    Surprising discoveries on the seafloor

    Marine bivalves lost around three-quarters of their species during this mass extinction, which marked the end of the Cretaceous Period. My colleagues and I – each of us paleobiologists studying biodiversity – expected that losing so many species would have severely cut down the variety of roles that bivalves play within their environments, what we call their “modes of life.”

    But, as we explain in a study published in the journal Sciences Advances, that wasn’t the case. In assessing the fossils of thousands of bivalve species, we found that at least one species from nearly all their modes of life, no matter how rare or specialized, squeaked through the extinction event.

    Statistically, that shouldn’t have happened. Kill 70% of bivalve species, even at random, and some modes of life should disappear.

    Bivalves had an amazing array of life modes just before the end-Cretaceous mass extinction 66 million years ago. Incredibly, despite the loss of 70% of their species, all but two modes of life survived – Nos. 2 and 10.
    Adapted from Edie et al. 2025, Science Advances

    Most bivalves happily burrow into the sand and mud, feeding on phytoplankton they strain from the water. But others have adopted chemosymbionts and photosymbionts – bacteria and algae that produce nutrients for the bivalves from chemicals or sunlight in exchange for housing. A few have even become carnivorous. Some groups, including the oysters, can lay down a tough cement that hardens underwater, and mussels hold onto rocks by spinning silken threads.

    We thought surely these more specialized modes of life would have been snuffed out by the effects of the asteroid’s impact, including dust and debris likely blocking sunlight and disrupting a huge part of the bivalves’ food chain: photosynthetic algae and bacteria. Instead, most persisted, although biodiversity was forever scrambled as a new ecological landscape emerged. Species that were once dominant struggled, while evolutionary newcomers rose in their place.

    The reasons some species survived and others didn’t leave many questions to explore. Those that filtered phytoplankton from the water column suffered some of the highest species losses, but so did species that fed on organic scraps and didn’t rely as much on the Sun’s energy. Narrow geographic distributions and different metabolisms may have contributed to these extinction patterns.

    Biodiversity bounces back

    Life rebounded from each of the Big Five mass extinctions throughout Earth’s history, eventually punching through past diversity highs. The rich fossil record and spectacular ecological diversity of bivalves gives us a terrific opportunity to study these rebounds to understand how ecosystems and global biodiversity rebuild in the wake of extinctions.

    The extinction caused by the asteroid strike knocked down some thriving modes of life and opened the door for others to dominate the new landscape.

    The rebound from the extinction wasn’t so straightforward. Some modes of life lost nearly all their species, never to recover their past diversity. Others rose to take the top ranks. Genera is the plural of genus.
    Adapted from Edie et al. 2025, Science Advances

    While many people lament the loss of the dinosaurs, we malacologists miss the rudists.

    These bizarrely shaped bivalves resembled giant ice cream cones, sometimes reaching more than 3 feet (1 meter) in size, and they dominated the shallow, tropical Mesozoic seas as massive aggregations of contorted individuals, similar to today’s coral reefs. At least a few harbored photosymbiotic algae, which provided them with nutrients and spurred their growth, much like modern corals.

    An ancient fossil of a rudist from before the last mass extinction. These bivalves could grow to a meter high.
    Smithsonian Institution

    Today, giant clams (Tridacna) and their relatives fill parts of these unique photosymbiotic lifestyles once occupied by the rudists, but they lack the rudists’ astonishing species diversity.

    Mass extinctions clearly upend the status quo. Now, our ocean floors are dominated by clams burrowed into sand and mud, the quahogs, cockles and their relatives – a scene far different from that of the seafloor 66 million years ago.

    New winners in a scrambled ecosystem

    Ecological traits alone didn’t fully predict extinction patterns, nor do they entirely explain the rebound. We also see that simply surviving a mass extinction didn’t necessarily provide a leg up as species diversified within their old and sometimes new modes of life – and few of those new modes dominate the ecological landscape today.

    Like the rudists, trigoniid bivalves had lots of different species prior to the extinction event. These highly ornamented clams built parts of their shells with a super strong biomaterial called nacre – think iridescent pearls – and had fractally interlocking hinges holding their two valves together.

    An ancient fossil of a pearly but tough trigoniid bivalve from the last mass extinction. The two matching shells show their elaborate hinge.
    Smithsonian Institution

    But despite surviving the extinction, which should have placed them in a prime position to accumulate species again, their diversification sputtered. Other types of bivalves that made a living in the same way proliferated instead, relegating this once mighty and global group to a handful of species now found only off the coast of Australia.

    Lessons for today’s oceans

    These unexpected patterns of extinction and survival may offer lessons for the future.

    The fossil record shows us that biodiversity has definite breaking points, usually during a perfect storm of climatic and environmental upheaval. It’s not just that species are lost, but the ecological landscape is overturned.

    Many scientists believe the current biodiversity crisis may cascade into a sixth mass extinction, this one driven by human activities that are changing ecosystems and the global climate. Corals, whose reefs are home to nearly a quarter of known marine species, have faced mass bleaching events as warming ocean water puts their future at risk. Acidification as the oceans absorb more carbon dioxide can also weaken the shells of organisms crucial to the ocean food web.

    Findings like ours suggest that, in the future, the rebound from extinction events will likely result in very different mixes of species and their modes of life in the oceans. And the result may not align with human needs if species providing the bulk of ecosystem services are driven genetically or functionally extinct.

    The global oceans and their inhabitants are complex, and, as our team’s latest research shows, it is difficult to predict the trajectory of biodiversity as it rebounds – even when extinction pressures are reduced.

    Billions of people depend on the ocean for food. As the history recorded by the world’s bivalves shows, the upending of the pecking order – the number of species in each mode of life – won’t necessarily settle into an arrangement that can feed as many people the next time around.

    Stewart Edie receives funding from the Smithsonian Institution.

    ref. Ancient fossils show how the last mass extinction forever scrambled the ocean’s biodiversity – https://theconversation.com/ancient-fossils-show-how-the-last-mass-extinction-forever-scrambled-the-oceans-biodiversity-258389

    MIL OSI

  • MIL-OSI Submissions: Ancient fossils show how the last mass extinction forever scrambled the ocean’s biodiversity

    Source: The Conversation – USA (2) – By Stewart Edie, Research Geologist and Curator of Paleobiology, Smithsonian Institution

    Even bivalves looked different during the time of the dinosaurs, as these fossils of an ultra-fortified oyster, left, and armored cockle show. Smithsonian Institution

    About 66 million years ago – perhaps on a downright unlucky day in May – an asteroid smashed into our planet.

    The fallout was immediate and severe. Evidence shows that about 70% of species went extinct in a geological instant, and not just those famous dinosaurs that once stalked the land. Masters of the Mesozoic oceans were also wiped out, from mosasaurs – a group of aquatic reptiles topping the food chain – to exquisitely shelled squid relatives known as ammonites.

    Even groups that weathered the catastrophe, such as mammals, fishes and flowering plants, suffered severe population declines and species loss. Invertebrate life in the oceans didn’t fare much better.

    But bubbling away on the seafloor was a stolid group of animals that has left a fantastic fossil record and continues to thrive today: bivalves – clams, cockles, mussels, oysters and more.

    What happened to these creatures during the extinction event and how they rebounded tells an important story, both about the past and the future of biodiversity.

    Surprising discoveries on the seafloor

    Marine bivalves lost around three-quarters of their species during this mass extinction, which marked the end of the Cretaceous Period. My colleagues and I – each of us paleobiologists studying biodiversity – expected that losing so many species would have severely cut down the variety of roles that bivalves play within their environments, what we call their “modes of life.”

    But, as we explain in a study published in the journal Sciences Advances, that wasn’t the case. In assessing the fossils of thousands of bivalve species, we found that at least one species from nearly all their modes of life, no matter how rare or specialized, squeaked through the extinction event.

    Statistically, that shouldn’t have happened. Kill 70% of bivalve species, even at random, and some modes of life should disappear.

    Bivalves had an amazing array of life modes just before the end-Cretaceous mass extinction 66 million years ago. Incredibly, despite the loss of 70% of their species, all but two modes of life survived – Nos. 2 and 10.
    Adapted from Edie et al. 2025, Science Advances

    Most bivalves happily burrow into the sand and mud, feeding on phytoplankton they strain from the water. But others have adopted chemosymbionts and photosymbionts – bacteria and algae that produce nutrients for the bivalves from chemicals or sunlight in exchange for housing. A few have even become carnivorous. Some groups, including the oysters, can lay down a tough cement that hardens underwater, and mussels hold onto rocks by spinning silken threads.

    We thought surely these more specialized modes of life would have been snuffed out by the effects of the asteroid’s impact, including dust and debris likely blocking sunlight and disrupting a huge part of the bivalves’ food chain: photosynthetic algae and bacteria. Instead, most persisted, although biodiversity was forever scrambled as a new ecological landscape emerged. Species that were once dominant struggled, while evolutionary newcomers rose in their place.

    The reasons some species survived and others didn’t leave many questions to explore. Those that filtered phytoplankton from the water column suffered some of the highest species losses, but so did species that fed on organic scraps and didn’t rely as much on the Sun’s energy. Narrow geographic distributions and different metabolisms may have contributed to these extinction patterns.

    Biodiversity bounces back

    Life rebounded from each of the Big Five mass extinctions throughout Earth’s history, eventually punching through past diversity highs. The rich fossil record and spectacular ecological diversity of bivalves gives us a terrific opportunity to study these rebounds to understand how ecosystems and global biodiversity rebuild in the wake of extinctions.

    The extinction caused by the asteroid strike knocked down some thriving modes of life and opened the door for others to dominate the new landscape.

    The rebound from the extinction wasn’t so straightforward. Some modes of life lost nearly all their species, never to recover their past diversity. Others rose to take the top ranks. Genera is the plural of genus.
    Adapted from Edie et al. 2025, Science Advances

    While many people lament the loss of the dinosaurs, we malacologists miss the rudists.

    These bizarrely shaped bivalves resembled giant ice cream cones, sometimes reaching more than 3 feet (1 meter) in size, and they dominated the shallow, tropical Mesozoic seas as massive aggregations of contorted individuals, similar to today’s coral reefs. At least a few harbored photosymbiotic algae, which provided them with nutrients and spurred their growth, much like modern corals.

    An ancient fossil of a rudist from before the last mass extinction. These bivalves could grow to a meter high.
    Smithsonian Institution

    Today, giant clams (Tridacna) and their relatives fill parts of these unique photosymbiotic lifestyles once occupied by the rudists, but they lack the rudists’ astonishing species diversity.

    Mass extinctions clearly upend the status quo. Now, our ocean floors are dominated by clams burrowed into sand and mud, the quahogs, cockles and their relatives – a scene far different from that of the seafloor 66 million years ago.

    New winners in a scrambled ecosystem

    Ecological traits alone didn’t fully predict extinction patterns, nor do they entirely explain the rebound. We also see that simply surviving a mass extinction didn’t necessarily provide a leg up as species diversified within their old and sometimes new modes of life – and few of those new modes dominate the ecological landscape today.

    Like the rudists, trigoniid bivalves had lots of different species prior to the extinction event. These highly ornamented clams built parts of their shells with a super strong biomaterial called nacre – think iridescent pearls – and had fractally interlocking hinges holding their two valves together.

    An ancient fossil of a pearly but tough trigoniid bivalve from the last mass extinction. The two matching shells show their elaborate hinge.
    Smithsonian Institution

    But despite surviving the extinction, which should have placed them in a prime position to accumulate species again, their diversification sputtered. Other types of bivalves that made a living in the same way proliferated instead, relegating this once mighty and global group to a handful of species now found only off the coast of Australia.

    Lessons for today’s oceans

    These unexpected patterns of extinction and survival may offer lessons for the future.

    The fossil record shows us that biodiversity has definite breaking points, usually during a perfect storm of climatic and environmental upheaval. It’s not just that species are lost, but the ecological landscape is overturned.

    Many scientists believe the current biodiversity crisis may cascade into a sixth mass extinction, this one driven by human activities that are changing ecosystems and the global climate. Corals, whose reefs are home to nearly a quarter of known marine species, have faced mass bleaching events as warming ocean water puts their future at risk. Acidification as the oceans absorb more carbon dioxide can also weaken the shells of organisms crucial to the ocean food web.

    Findings like ours suggest that, in the future, the rebound from extinction events will likely result in very different mixes of species and their modes of life in the oceans. And the result may not align with human needs if species providing the bulk of ecosystem services are driven genetically or functionally extinct.

    The global oceans and their inhabitants are complex, and, as our team’s latest research shows, it is difficult to predict the trajectory of biodiversity as it rebounds – even when extinction pressures are reduced.

    Billions of people depend on the ocean for food. As the history recorded by the world’s bivalves shows, the upending of the pecking order – the number of species in each mode of life – won’t necessarily settle into an arrangement that can feed as many people the next time around.

    Stewart Edie receives funding from the Smithsonian Institution.

    ref. Ancient fossils show how the last mass extinction forever scrambled the ocean’s biodiversity – https://theconversation.com/ancient-fossils-show-how-the-last-mass-extinction-forever-scrambled-the-oceans-biodiversity-258389

    MIL OSI

  • MIL-OSI Submissions: Ancient fossils show how the last mass extinction forever scrambled the ocean’s biodiversity

    Source: The Conversation – USA (2) – By Stewart Edie, Research Geologist and Curator of Paleobiology, Smithsonian Institution

    Even bivalves looked different during the time of the dinosaurs, as these fossils of an ultra-fortified oyster, left, and armored cockle show. Smithsonian Institution

    About 66 million years ago – perhaps on a downright unlucky day in May – an asteroid smashed into our planet.

    The fallout was immediate and severe. Evidence shows that about 70% of species went extinct in a geological instant, and not just those famous dinosaurs that once stalked the land. Masters of the Mesozoic oceans were also wiped out, from mosasaurs – a group of aquatic reptiles topping the food chain – to exquisitely shelled squid relatives known as ammonites.

    Even groups that weathered the catastrophe, such as mammals, fishes and flowering plants, suffered severe population declines and species loss. Invertebrate life in the oceans didn’t fare much better.

    But bubbling away on the seafloor was a stolid group of animals that has left a fantastic fossil record and continues to thrive today: bivalves – clams, cockles, mussels, oysters and more.

    What happened to these creatures during the extinction event and how they rebounded tells an important story, both about the past and the future of biodiversity.

    Surprising discoveries on the seafloor

    Marine bivalves lost around three-quarters of their species during this mass extinction, which marked the end of the Cretaceous Period. My colleagues and I – each of us paleobiologists studying biodiversity – expected that losing so many species would have severely cut down the variety of roles that bivalves play within their environments, what we call their “modes of life.”

    But, as we explain in a study published in the journal Sciences Advances, that wasn’t the case. In assessing the fossils of thousands of bivalve species, we found that at least one species from nearly all their modes of life, no matter how rare or specialized, squeaked through the extinction event.

    Statistically, that shouldn’t have happened. Kill 70% of bivalve species, even at random, and some modes of life should disappear.

    Bivalves had an amazing array of life modes just before the end-Cretaceous mass extinction 66 million years ago. Incredibly, despite the loss of 70% of their species, all but two modes of life survived – Nos. 2 and 10.
    Adapted from Edie et al. 2025, Science Advances

    Most bivalves happily burrow into the sand and mud, feeding on phytoplankton they strain from the water. But others have adopted chemosymbionts and photosymbionts – bacteria and algae that produce nutrients for the bivalves from chemicals or sunlight in exchange for housing. A few have even become carnivorous. Some groups, including the oysters, can lay down a tough cement that hardens underwater, and mussels hold onto rocks by spinning silken threads.

    We thought surely these more specialized modes of life would have been snuffed out by the effects of the asteroid’s impact, including dust and debris likely blocking sunlight and disrupting a huge part of the bivalves’ food chain: photosynthetic algae and bacteria. Instead, most persisted, although biodiversity was forever scrambled as a new ecological landscape emerged. Species that were once dominant struggled, while evolutionary newcomers rose in their place.

    The reasons some species survived and others didn’t leave many questions to explore. Those that filtered phytoplankton from the water column suffered some of the highest species losses, but so did species that fed on organic scraps and didn’t rely as much on the Sun’s energy. Narrow geographic distributions and different metabolisms may have contributed to these extinction patterns.

    Biodiversity bounces back

    Life rebounded from each of the Big Five mass extinctions throughout Earth’s history, eventually punching through past diversity highs. The rich fossil record and spectacular ecological diversity of bivalves gives us a terrific opportunity to study these rebounds to understand how ecosystems and global biodiversity rebuild in the wake of extinctions.

    The extinction caused by the asteroid strike knocked down some thriving modes of life and opened the door for others to dominate the new landscape.

    The rebound from the extinction wasn’t so straightforward. Some modes of life lost nearly all their species, never to recover their past diversity. Others rose to take the top ranks. Genera is the plural of genus.
    Adapted from Edie et al. 2025, Science Advances

    While many people lament the loss of the dinosaurs, we malacologists miss the rudists.

    These bizarrely shaped bivalves resembled giant ice cream cones, sometimes reaching more than 3 feet (1 meter) in size, and they dominated the shallow, tropical Mesozoic seas as massive aggregations of contorted individuals, similar to today’s coral reefs. At least a few harbored photosymbiotic algae, which provided them with nutrients and spurred their growth, much like modern corals.

    An ancient fossil of a rudist from before the last mass extinction. These bivalves could grow to a meter high.
    Smithsonian Institution

    Today, giant clams (Tridacna) and their relatives fill parts of these unique photosymbiotic lifestyles once occupied by the rudists, but they lack the rudists’ astonishing species diversity.

    Mass extinctions clearly upend the status quo. Now, our ocean floors are dominated by clams burrowed into sand and mud, the quahogs, cockles and their relatives – a scene far different from that of the seafloor 66 million years ago.

    New winners in a scrambled ecosystem

    Ecological traits alone didn’t fully predict extinction patterns, nor do they entirely explain the rebound. We also see that simply surviving a mass extinction didn’t necessarily provide a leg up as species diversified within their old and sometimes new modes of life – and few of those new modes dominate the ecological landscape today.

    Like the rudists, trigoniid bivalves had lots of different species prior to the extinction event. These highly ornamented clams built parts of their shells with a super strong biomaterial called nacre – think iridescent pearls – and had fractally interlocking hinges holding their two valves together.

    An ancient fossil of a pearly but tough trigoniid bivalve from the last mass extinction. The two matching shells show their elaborate hinge.
    Smithsonian Institution

    But despite surviving the extinction, which should have placed them in a prime position to accumulate species again, their diversification sputtered. Other types of bivalves that made a living in the same way proliferated instead, relegating this once mighty and global group to a handful of species now found only off the coast of Australia.

    Lessons for today’s oceans

    These unexpected patterns of extinction and survival may offer lessons for the future.

    The fossil record shows us that biodiversity has definite breaking points, usually during a perfect storm of climatic and environmental upheaval. It’s not just that species are lost, but the ecological landscape is overturned.

    Many scientists believe the current biodiversity crisis may cascade into a sixth mass extinction, this one driven by human activities that are changing ecosystems and the global climate. Corals, whose reefs are home to nearly a quarter of known marine species, have faced mass bleaching events as warming ocean water puts their future at risk. Acidification as the oceans absorb more carbon dioxide can also weaken the shells of organisms crucial to the ocean food web.

    Findings like ours suggest that, in the future, the rebound from extinction events will likely result in very different mixes of species and their modes of life in the oceans. And the result may not align with human needs if species providing the bulk of ecosystem services are driven genetically or functionally extinct.

    The global oceans and their inhabitants are complex, and, as our team’s latest research shows, it is difficult to predict the trajectory of biodiversity as it rebounds – even when extinction pressures are reduced.

    Billions of people depend on the ocean for food. As the history recorded by the world’s bivalves shows, the upending of the pecking order – the number of species in each mode of life – won’t necessarily settle into an arrangement that can feed as many people the next time around.

    Stewart Edie receives funding from the Smithsonian Institution.

    ref. Ancient fossils show how the last mass extinction forever scrambled the ocean’s biodiversity – https://theconversation.com/ancient-fossils-show-how-the-last-mass-extinction-forever-scrambled-the-oceans-biodiversity-258389

    MIL OSI

  • MIL-OSI Submissions: How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate

    Source: The Conversation – USA (2) – By Daniel Cohan, Professor of Civil and Environmental Engineering, Rice University

    Proposed revisions to U.S. energy policy would likely raise consumer prices and climate-warming emissions. zpagistock/Moment via Getty Images

    When it comes to energy policy, the “One Big Beautiful Bill Act” – the official name of a massive federal tax-cut and spending bill that House Republicans passed in May 2025 – risks raising Americans’ energy costs and greenhouse gas emissions.

    The 1,100-page bill would slash incentives for green technologies such as solar, wind, batteries, electric cars and heat pumps while subsidizing existing nuclear power plants and biofuels. That would leave the country and its people burning more fossil fuels despite strong popular and scientific support for a rapid shift to renewable energy.

    The bill may still be revised by the Senate before it moves to a final vote. But it is a picture of how President Donald Trump and congressional Republicans want to reshape U.S. energy policy.

    As an environmental engineering professor who studies ways to confront climate change, I think it is important to distinguish which technologies could rapidly cut emissions or are on the verge of becoming viable from those that do little to fight climate change. Unfortunately, the House bill favors the latter while nixing support for the former.

    Renewable energy

    Wind and solar power, often paired with batteries, are providing over 90% of the new electricity currently being added to the grid nationally and around the world. Geothermal power is undergoing technological breakthroughs. With natural gas turbines in short supply and long lead times to build other resources, renewables and batteries offer the fastest way to satisfy growing demand for power.

    However, the House bill rescinds billions of dollars that the Inflation Reduction Act, enacted in 2022, devoted to boosting domestic manufacturing and deployments of renewable energy and batteries.

    It would terminate tax credits for manufacturing for the wind industry in 2028 and for solar and batteries in 2032. That would disrupt the boom in domestic manufacturing projects that was being stimulated by the Inflation Reduction Act.

    Deployments would be hit even harder. Wind, solar, geothermal and battery projects would need to commence construction within 60 days of passage of the bill to receive tax credits.

    In addition, the bill would deny tax credits to projects that use Chinese-made components. Financial analysts have called those provisions “unworkable,” since some Chinese materials may be necessary even for projects built with as much domestic content as possible.

    Analysts warn that the House bill would cut new wind, solar and battery installations by 20% compared with the growth that had been expected without the bill. That’s why BloombergNEF, an energy research firm, called the bill a “nightmare scenario” for clean energy proponents.

    However, one person’s nightmare may be another man’s dream. “We’re constraining the hell out of wind and solar, which is good,” said Rep. Chip Roy, a Texas Republican backed by the oil and gas industry.

    Wind turbines and solar panels generate renewable energy side by side near Palm Springs, Calif.
    Mario Tama/Getty Images

    Efficiency and electric cars

    Cuts fall even harder on Americans who are trying to reduce their carbon footprints and energy costs. The bill repeals aid for home efficiency improvements such as heat pumps, efficient windows and energy audits. Homeowners would also lose tax credits for installing solar panels and batteries.

    For vehicles, the bill would not only repeal tax credits for electric cars, trucks and chargers, but it also would impose a federal $250 annual fee on vehicles, on top of fees that some states charge electric-car owners. The federal fee is more than the gas taxes paid by other drivers to fund highways and ignores air-quality and climate effects.

    Combined, the lost credits and increased fees could cut projected U.S. sales of electric vehicles by 40% in 2030, according to modeling by Jesse Jenkins of Princeton University.

    Nuclear power

    Meanwhile, the bill partially retains a tax credit for electricity from existing nuclear power plants. Those plants may not need the help: Electricity demand is surging, and companies like Meta are signing long-term deals for nuclear energy to power data centers. Nuclear plants are also paid to manage their radioactive waste, since the country lacks a permanent place to store it.

    For new nuclear plants, the bill would move up the deadline to 2028 to begin construction. That deadline is too soon for some new reactor designs and would rush the vetting of others. Nuclear safety regulators are awaiting a study from the National Academies on the weapons proliferation risks of the type of uranium fuel that some developers hope to use in newer designs.

    The House-passed bill would protect government subsidies for existing nuclear power plants, like the one in the background, while limiting support for wind turbines.
    Scott Olson/Getty Images

    Biofuels

    While cutting funding for electric vehicles, the bill would spend $45 billion to extend tax credits for biofuels such as ethanol and biodiesel.

    Food-based biofuels do little good for the climate because growing, harvesting and processing crops requires fertilizers, pesticides and fuel. The bill would allow forests to be cut to make room for crops because it directs agencies to ignore the impacts of biofuels on land use.

    Hydrogen

    The bill would end tax credits for hydrogen production. Without that support, companies will be unlikely to invest in the seven so-called “hydrogen hubs” that were allocated a combined $8 billion under the Bipartisan Infrastructure Law in 2021. Those hubs aim to attract $40 billion in private investments and create tens of thousands of jobs while developing cleaner ways to make hydrogen.

    The repealed tax credits would have subsidized hydrogen made emissions-free by using renewable or nuclear electricity to split water molecules. They also would have subsidized hydrogen made from natural gas with carbon capture, whose benefits are impaired by methane emissions from natural gas systems and incomplete carbon capture.

    However it’s made, hydrogen is no panacea. As the world’s smallest molecule, hydrogen is prone to leaking, which can pose safety challenges and indirectly warm the climate. And while hydrogen is essential for making fertilizers and potentially useful for making steel or aviation fuels, vehicles and heating are more efficiently powered by electricity than by hydrogen.

    Still, European governments and China are investing heavily in hydrogen production.

    As Congress deliberates on the One Big Beautiful Bill Act, the nation’s energy agenda is one of many issues being hotly debated.
    Kevin Carter/Getty Images

    Summing it up

    The conservative Tax Foundation estimates that the House bill would cut the Inflation Reduction Act’s clean energy tax credits by about half, saving the government $50 billion a year. But with fewer efficiency improvements, fewer electric vehicles and less clean power on the grid, Princeton’s Jenkins projects American households would pay up to $415 more per year for energy by 2035 than if the bill’s provisions were not enacted. If the bill’s provisions make it into law, the extra fossil fuel-burning would leave annual U.S. greenhouse gas emissions 1 billion tons higher by then.

    No one expected former President Joe Biden’s Inflation Reduction Act to escape unscathed with Republicans in the White House and dominating both houses of Congress. Still, the proposed cuts target the technologies Americans count on to protect the climate and save consumers money.

    Daniel Cohan receives funding from the Carbon Hub at Rice University.

    ref. How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate – https://theconversation.com/how-the-big-beautiful-bill-positions-us-energy-to-be-more-costly-for-consumers-and-the-climate-257783

    MIL OSI

  • MIL-OSI Submissions: How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate

    Source: The Conversation – USA (2) – By Daniel Cohan, Professor of Civil and Environmental Engineering, Rice University

    Proposed revisions to U.S. energy policy would likely raise consumer prices and climate-warming emissions. zpagistock/Moment via Getty Images

    When it comes to energy policy, the “One Big Beautiful Bill Act” – the official name of a massive federal tax-cut and spending bill that House Republicans passed in May 2025 – risks raising Americans’ energy costs and greenhouse gas emissions.

    The 1,100-page bill would slash incentives for green technologies such as solar, wind, batteries, electric cars and heat pumps while subsidizing existing nuclear power plants and biofuels. That would leave the country and its people burning more fossil fuels despite strong popular and scientific support for a rapid shift to renewable energy.

    The bill may still be revised by the Senate before it moves to a final vote. But it is a picture of how President Donald Trump and congressional Republicans want to reshape U.S. energy policy.

    As an environmental engineering professor who studies ways to confront climate change, I think it is important to distinguish which technologies could rapidly cut emissions or are on the verge of becoming viable from those that do little to fight climate change. Unfortunately, the House bill favors the latter while nixing support for the former.

    Renewable energy

    Wind and solar power, often paired with batteries, are providing over 90% of the new electricity currently being added to the grid nationally and around the world. Geothermal power is undergoing technological breakthroughs. With natural gas turbines in short supply and long lead times to build other resources, renewables and batteries offer the fastest way to satisfy growing demand for power.

    However, the House bill rescinds billions of dollars that the Inflation Reduction Act, enacted in 2022, devoted to boosting domestic manufacturing and deployments of renewable energy and batteries.

    It would terminate tax credits for manufacturing for the wind industry in 2028 and for solar and batteries in 2032. That would disrupt the boom in domestic manufacturing projects that was being stimulated by the Inflation Reduction Act.

    Deployments would be hit even harder. Wind, solar, geothermal and battery projects would need to commence construction within 60 days of passage of the bill to receive tax credits.

    In addition, the bill would deny tax credits to projects that use Chinese-made components. Financial analysts have called those provisions “unworkable,” since some Chinese materials may be necessary even for projects built with as much domestic content as possible.

    Analysts warn that the House bill would cut new wind, solar and battery installations by 20% compared with the growth that had been expected without the bill. That’s why BloombergNEF, an energy research firm, called the bill a “nightmare scenario” for clean energy proponents.

    However, one person’s nightmare may be another man’s dream. “We’re constraining the hell out of wind and solar, which is good,” said Rep. Chip Roy, a Texas Republican backed by the oil and gas industry.

    Wind turbines and solar panels generate renewable energy side by side near Palm Springs, Calif.
    Mario Tama/Getty Images

    Efficiency and electric cars

    Cuts fall even harder on Americans who are trying to reduce their carbon footprints and energy costs. The bill repeals aid for home efficiency improvements such as heat pumps, efficient windows and energy audits. Homeowners would also lose tax credits for installing solar panels and batteries.

    For vehicles, the bill would not only repeal tax credits for electric cars, trucks and chargers, but it also would impose a federal $250 annual fee on vehicles, on top of fees that some states charge electric-car owners. The federal fee is more than the gas taxes paid by other drivers to fund highways and ignores air-quality and climate effects.

    Combined, the lost credits and increased fees could cut projected U.S. sales of electric vehicles by 40% in 2030, according to modeling by Jesse Jenkins of Princeton University.

    Nuclear power

    Meanwhile, the bill partially retains a tax credit for electricity from existing nuclear power plants. Those plants may not need the help: Electricity demand is surging, and companies like Meta are signing long-term deals for nuclear energy to power data centers. Nuclear plants are also paid to manage their radioactive waste, since the country lacks a permanent place to store it.

    For new nuclear plants, the bill would move up the deadline to 2028 to begin construction. That deadline is too soon for some new reactor designs and would rush the vetting of others. Nuclear safety regulators are awaiting a study from the National Academies on the weapons proliferation risks of the type of uranium fuel that some developers hope to use in newer designs.

    The House-passed bill would protect government subsidies for existing nuclear power plants, like the one in the background, while limiting support for wind turbines.
    Scott Olson/Getty Images

    Biofuels

    While cutting funding for electric vehicles, the bill would spend $45 billion to extend tax credits for biofuels such as ethanol and biodiesel.

    Food-based biofuels do little good for the climate because growing, harvesting and processing crops requires fertilizers, pesticides and fuel. The bill would allow forests to be cut to make room for crops because it directs agencies to ignore the impacts of biofuels on land use.

    Hydrogen

    The bill would end tax credits for hydrogen production. Without that support, companies will be unlikely to invest in the seven so-called “hydrogen hubs” that were allocated a combined $8 billion under the Bipartisan Infrastructure Law in 2021. Those hubs aim to attract $40 billion in private investments and create tens of thousands of jobs while developing cleaner ways to make hydrogen.

    The repealed tax credits would have subsidized hydrogen made emissions-free by using renewable or nuclear electricity to split water molecules. They also would have subsidized hydrogen made from natural gas with carbon capture, whose benefits are impaired by methane emissions from natural gas systems and incomplete carbon capture.

    However it’s made, hydrogen is no panacea. As the world’s smallest molecule, hydrogen is prone to leaking, which can pose safety challenges and indirectly warm the climate. And while hydrogen is essential for making fertilizers and potentially useful for making steel or aviation fuels, vehicles and heating are more efficiently powered by electricity than by hydrogen.

    Still, European governments and China are investing heavily in hydrogen production.

    As Congress deliberates on the One Big Beautiful Bill Act, the nation’s energy agenda is one of many issues being hotly debated.
    Kevin Carter/Getty Images

    Summing it up

    The conservative Tax Foundation estimates that the House bill would cut the Inflation Reduction Act’s clean energy tax credits by about half, saving the government $50 billion a year. But with fewer efficiency improvements, fewer electric vehicles and less clean power on the grid, Princeton’s Jenkins projects American households would pay up to $415 more per year for energy by 2035 than if the bill’s provisions were not enacted. If the bill’s provisions make it into law, the extra fossil fuel-burning would leave annual U.S. greenhouse gas emissions 1 billion tons higher by then.

    No one expected former President Joe Biden’s Inflation Reduction Act to escape unscathed with Republicans in the White House and dominating both houses of Congress. Still, the proposed cuts target the technologies Americans count on to protect the climate and save consumers money.

    Daniel Cohan receives funding from the Carbon Hub at Rice University.

    ref. How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate – https://theconversation.com/how-the-big-beautiful-bill-positions-us-energy-to-be-more-costly-for-consumers-and-the-climate-257783

    MIL OSI

  • MIL-OSI Submissions: How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate

    Source: The Conversation – USA (2) – By Daniel Cohan, Professor of Civil and Environmental Engineering, Rice University

    Proposed revisions to U.S. energy policy would likely raise consumer prices and climate-warming emissions. zpagistock/Moment via Getty Images

    When it comes to energy policy, the “One Big Beautiful Bill Act” – the official name of a massive federal tax-cut and spending bill that House Republicans passed in May 2025 – risks raising Americans’ energy costs and greenhouse gas emissions.

    The 1,100-page bill would slash incentives for green technologies such as solar, wind, batteries, electric cars and heat pumps while subsidizing existing nuclear power plants and biofuels. That would leave the country and its people burning more fossil fuels despite strong popular and scientific support for a rapid shift to renewable energy.

    The bill may still be revised by the Senate before it moves to a final vote. But it is a picture of how President Donald Trump and congressional Republicans want to reshape U.S. energy policy.

    As an environmental engineering professor who studies ways to confront climate change, I think it is important to distinguish which technologies could rapidly cut emissions or are on the verge of becoming viable from those that do little to fight climate change. Unfortunately, the House bill favors the latter while nixing support for the former.

    Renewable energy

    Wind and solar power, often paired with batteries, are providing over 90% of the new electricity currently being added to the grid nationally and around the world. Geothermal power is undergoing technological breakthroughs. With natural gas turbines in short supply and long lead times to build other resources, renewables and batteries offer the fastest way to satisfy growing demand for power.

    However, the House bill rescinds billions of dollars that the Inflation Reduction Act, enacted in 2022, devoted to boosting domestic manufacturing and deployments of renewable energy and batteries.

    It would terminate tax credits for manufacturing for the wind industry in 2028 and for solar and batteries in 2032. That would disrupt the boom in domestic manufacturing projects that was being stimulated by the Inflation Reduction Act.

    Deployments would be hit even harder. Wind, solar, geothermal and battery projects would need to commence construction within 60 days of passage of the bill to receive tax credits.

    In addition, the bill would deny tax credits to projects that use Chinese-made components. Financial analysts have called those provisions “unworkable,” since some Chinese materials may be necessary even for projects built with as much domestic content as possible.

    Analysts warn that the House bill would cut new wind, solar and battery installations by 20% compared with the growth that had been expected without the bill. That’s why BloombergNEF, an energy research firm, called the bill a “nightmare scenario” for clean energy proponents.

    However, one person’s nightmare may be another man’s dream. “We’re constraining the hell out of wind and solar, which is good,” said Rep. Chip Roy, a Texas Republican backed by the oil and gas industry.

    Wind turbines and solar panels generate renewable energy side by side near Palm Springs, Calif.
    Mario Tama/Getty Images

    Efficiency and electric cars

    Cuts fall even harder on Americans who are trying to reduce their carbon footprints and energy costs. The bill repeals aid for home efficiency improvements such as heat pumps, efficient windows and energy audits. Homeowners would also lose tax credits for installing solar panels and batteries.

    For vehicles, the bill would not only repeal tax credits for electric cars, trucks and chargers, but it also would impose a federal $250 annual fee on vehicles, on top of fees that some states charge electric-car owners. The federal fee is more than the gas taxes paid by other drivers to fund highways and ignores air-quality and climate effects.

    Combined, the lost credits and increased fees could cut projected U.S. sales of electric vehicles by 40% in 2030, according to modeling by Jesse Jenkins of Princeton University.

    Nuclear power

    Meanwhile, the bill partially retains a tax credit for electricity from existing nuclear power plants. Those plants may not need the help: Electricity demand is surging, and companies like Meta are signing long-term deals for nuclear energy to power data centers. Nuclear plants are also paid to manage their radioactive waste, since the country lacks a permanent place to store it.

    For new nuclear plants, the bill would move up the deadline to 2028 to begin construction. That deadline is too soon for some new reactor designs and would rush the vetting of others. Nuclear safety regulators are awaiting a study from the National Academies on the weapons proliferation risks of the type of uranium fuel that some developers hope to use in newer designs.

    The House-passed bill would protect government subsidies for existing nuclear power plants, like the one in the background, while limiting support for wind turbines.
    Scott Olson/Getty Images

    Biofuels

    While cutting funding for electric vehicles, the bill would spend $45 billion to extend tax credits for biofuels such as ethanol and biodiesel.

    Food-based biofuels do little good for the climate because growing, harvesting and processing crops requires fertilizers, pesticides and fuel. The bill would allow forests to be cut to make room for crops because it directs agencies to ignore the impacts of biofuels on land use.

    Hydrogen

    The bill would end tax credits for hydrogen production. Without that support, companies will be unlikely to invest in the seven so-called “hydrogen hubs” that were allocated a combined $8 billion under the Bipartisan Infrastructure Law in 2021. Those hubs aim to attract $40 billion in private investments and create tens of thousands of jobs while developing cleaner ways to make hydrogen.

    The repealed tax credits would have subsidized hydrogen made emissions-free by using renewable or nuclear electricity to split water molecules. They also would have subsidized hydrogen made from natural gas with carbon capture, whose benefits are impaired by methane emissions from natural gas systems and incomplete carbon capture.

    However it’s made, hydrogen is no panacea. As the world’s smallest molecule, hydrogen is prone to leaking, which can pose safety challenges and indirectly warm the climate. And while hydrogen is essential for making fertilizers and potentially useful for making steel or aviation fuels, vehicles and heating are more efficiently powered by electricity than by hydrogen.

    Still, European governments and China are investing heavily in hydrogen production.

    As Congress deliberates on the One Big Beautiful Bill Act, the nation’s energy agenda is one of many issues being hotly debated.
    Kevin Carter/Getty Images

    Summing it up

    The conservative Tax Foundation estimates that the House bill would cut the Inflation Reduction Act’s clean energy tax credits by about half, saving the government $50 billion a year. But with fewer efficiency improvements, fewer electric vehicles and less clean power on the grid, Princeton’s Jenkins projects American households would pay up to $415 more per year for energy by 2035 than if the bill’s provisions were not enacted. If the bill’s provisions make it into law, the extra fossil fuel-burning would leave annual U.S. greenhouse gas emissions 1 billion tons higher by then.

    No one expected former President Joe Biden’s Inflation Reduction Act to escape unscathed with Republicans in the White House and dominating both houses of Congress. Still, the proposed cuts target the technologies Americans count on to protect the climate and save consumers money.

    Daniel Cohan receives funding from the Carbon Hub at Rice University.

    ref. How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate – https://theconversation.com/how-the-big-beautiful-bill-positions-us-energy-to-be-more-costly-for-consumers-and-the-climate-257783

    MIL OSI

  • MIL-OSI Submissions: How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate

    Source: The Conversation – USA (2) – By Daniel Cohan, Professor of Civil and Environmental Engineering, Rice University

    Proposed revisions to U.S. energy policy would likely raise consumer prices and climate-warming emissions. zpagistock/Moment via Getty Images

    When it comes to energy policy, the “One Big Beautiful Bill Act” – the official name of a massive federal tax-cut and spending bill that House Republicans passed in May 2025 – risks raising Americans’ energy costs and greenhouse gas emissions.

    The 1,100-page bill would slash incentives for green technologies such as solar, wind, batteries, electric cars and heat pumps while subsidizing existing nuclear power plants and biofuels. That would leave the country and its people burning more fossil fuels despite strong popular and scientific support for a rapid shift to renewable energy.

    The bill may still be revised by the Senate before it moves to a final vote. But it is a picture of how President Donald Trump and congressional Republicans want to reshape U.S. energy policy.

    As an environmental engineering professor who studies ways to confront climate change, I think it is important to distinguish which technologies could rapidly cut emissions or are on the verge of becoming viable from those that do little to fight climate change. Unfortunately, the House bill favors the latter while nixing support for the former.

    Renewable energy

    Wind and solar power, often paired with batteries, are providing over 90% of the new electricity currently being added to the grid nationally and around the world. Geothermal power is undergoing technological breakthroughs. With natural gas turbines in short supply and long lead times to build other resources, renewables and batteries offer the fastest way to satisfy growing demand for power.

    However, the House bill rescinds billions of dollars that the Inflation Reduction Act, enacted in 2022, devoted to boosting domestic manufacturing and deployments of renewable energy and batteries.

    It would terminate tax credits for manufacturing for the wind industry in 2028 and for solar and batteries in 2032. That would disrupt the boom in domestic manufacturing projects that was being stimulated by the Inflation Reduction Act.

    Deployments would be hit even harder. Wind, solar, geothermal and battery projects would need to commence construction within 60 days of passage of the bill to receive tax credits.

    In addition, the bill would deny tax credits to projects that use Chinese-made components. Financial analysts have called those provisions “unworkable,” since some Chinese materials may be necessary even for projects built with as much domestic content as possible.

    Analysts warn that the House bill would cut new wind, solar and battery installations by 20% compared with the growth that had been expected without the bill. That’s why BloombergNEF, an energy research firm, called the bill a “nightmare scenario” for clean energy proponents.

    However, one person’s nightmare may be another man’s dream. “We’re constraining the hell out of wind and solar, which is good,” said Rep. Chip Roy, a Texas Republican backed by the oil and gas industry.

    Wind turbines and solar panels generate renewable energy side by side near Palm Springs, Calif.
    Mario Tama/Getty Images

    Efficiency and electric cars

    Cuts fall even harder on Americans who are trying to reduce their carbon footprints and energy costs. The bill repeals aid for home efficiency improvements such as heat pumps, efficient windows and energy audits. Homeowners would also lose tax credits for installing solar panels and batteries.

    For vehicles, the bill would not only repeal tax credits for electric cars, trucks and chargers, but it also would impose a federal $250 annual fee on vehicles, on top of fees that some states charge electric-car owners. The federal fee is more than the gas taxes paid by other drivers to fund highways and ignores air-quality and climate effects.

    Combined, the lost credits and increased fees could cut projected U.S. sales of electric vehicles by 40% in 2030, according to modeling by Jesse Jenkins of Princeton University.

    Nuclear power

    Meanwhile, the bill partially retains a tax credit for electricity from existing nuclear power plants. Those plants may not need the help: Electricity demand is surging, and companies like Meta are signing long-term deals for nuclear energy to power data centers. Nuclear plants are also paid to manage their radioactive waste, since the country lacks a permanent place to store it.

    For new nuclear plants, the bill would move up the deadline to 2028 to begin construction. That deadline is too soon for some new reactor designs and would rush the vetting of others. Nuclear safety regulators are awaiting a study from the National Academies on the weapons proliferation risks of the type of uranium fuel that some developers hope to use in newer designs.

    The House-passed bill would protect government subsidies for existing nuclear power plants, like the one in the background, while limiting support for wind turbines.
    Scott Olson/Getty Images

    Biofuels

    While cutting funding for electric vehicles, the bill would spend $45 billion to extend tax credits for biofuels such as ethanol and biodiesel.

    Food-based biofuels do little good for the climate because growing, harvesting and processing crops requires fertilizers, pesticides and fuel. The bill would allow forests to be cut to make room for crops because it directs agencies to ignore the impacts of biofuels on land use.

    Hydrogen

    The bill would end tax credits for hydrogen production. Without that support, companies will be unlikely to invest in the seven so-called “hydrogen hubs” that were allocated a combined $8 billion under the Bipartisan Infrastructure Law in 2021. Those hubs aim to attract $40 billion in private investments and create tens of thousands of jobs while developing cleaner ways to make hydrogen.

    The repealed tax credits would have subsidized hydrogen made emissions-free by using renewable or nuclear electricity to split water molecules. They also would have subsidized hydrogen made from natural gas with carbon capture, whose benefits are impaired by methane emissions from natural gas systems and incomplete carbon capture.

    However it’s made, hydrogen is no panacea. As the world’s smallest molecule, hydrogen is prone to leaking, which can pose safety challenges and indirectly warm the climate. And while hydrogen is essential for making fertilizers and potentially useful for making steel or aviation fuels, vehicles and heating are more efficiently powered by electricity than by hydrogen.

    Still, European governments and China are investing heavily in hydrogen production.

    As Congress deliberates on the One Big Beautiful Bill Act, the nation’s energy agenda is one of many issues being hotly debated.
    Kevin Carter/Getty Images

    Summing it up

    The conservative Tax Foundation estimates that the House bill would cut the Inflation Reduction Act’s clean energy tax credits by about half, saving the government $50 billion a year. But with fewer efficiency improvements, fewer electric vehicles and less clean power on the grid, Princeton’s Jenkins projects American households would pay up to $415 more per year for energy by 2035 than if the bill’s provisions were not enacted. If the bill’s provisions make it into law, the extra fossil fuel-burning would leave annual U.S. greenhouse gas emissions 1 billion tons higher by then.

    No one expected former President Joe Biden’s Inflation Reduction Act to escape unscathed with Republicans in the White House and dominating both houses of Congress. Still, the proposed cuts target the technologies Americans count on to protect the climate and save consumers money.

    Daniel Cohan receives funding from the Carbon Hub at Rice University.

    ref. How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate – https://theconversation.com/how-the-big-beautiful-bill-positions-us-energy-to-be-more-costly-for-consumers-and-the-climate-257783

    MIL OSI

  • MIL-OSI Submissions: How your air conditioner can help the power grid, rather than overloading it

    Source: The Conversation – USA (2) – By Johanna Mathieu, Associate Professor of Electrical Engineering & Computer Science, University of Michigan

    Could this common home machinery help usher in more renewable energy? Holden Henry/iStock / Getty Images Plus

    As summer arrives, people are turning on air conditioners in most of the U.S. But if you’re like me, you always feel a little guilty about that. Past generations managed without air conditioning – do I really need it? And how bad is it to use all this electricity for cooling in a warming world?

    If I leave my air conditioner off, I get too hot. But if everyone turns on their air conditioner at the same time, electricity demand spikes, which can force power grid operators to activate some of the most expensive, and dirtiest, power plants. Sometimes those spikes can ask too much of the grid and lead to brownouts or blackouts.

    Research I recently published with a team of scholars makes me feel a little better, though. We have found that it is possible to coordinate the operation of large numbers of home air-conditioning units, balancing supply and demand on the power grid – and without making people endure high temperatures inside their homes.

    Studies along these lines, using remote control of air conditioners to support the grid, have for many years explored theoretical possibilities like this. However, few approaches have been demonstrated in practice and never for such a high-value application and at this scale. The system we developed not only demonstrated the ability to balance the grid on timescales of seconds, but also proved it was possible to do so without affecting residents’ comfort.

    The benefits include increasing the reliability of the power grid, which makes it easier for the grid to accept more renewable energy. Our goal is to turn air conditioners from a challenge for the power grid into an asset, supporting a shift away from fossil fuels toward cleaner energy.

    Adjustable equipment

    My research focuses on batteries, solar panels and electric equipment – such as electric vehicles, water heaters, air conditioners and heat pumps – that can adjust itself to consume different amounts of energy at different times.

    Originally, the U.S. electric grid was built to transport electricity from large power plants to customers’ homes and businesses. And originally, power plants were large, centralized operations that burned coal or natural gas, or harvested energy from nuclear reactions. These plants were typically always available and could adjust how much power they generated in response to customer demand, so the grid would be balanced between power coming in from producers and being used by consumers.

    But the grid has changed. There are more renewable energy sources, from which power isn’t always available – like solar panels at night or wind turbines on calm days. And there are the devices and equipment I study. These newer options, called “distributed energy resources,” generate or store energy near where consumers need it – or adjust how much energy they’re using in real time.

    One aspect of the grid hasn’t changed, though: There’s not much storage built into the system. So every time you turn on a light, for a moment there’s not enough electricity to supply everything that wants it right then: The grid needs a power producer to generate a little more power. And when you turn off a light, there’s a little too much: A power producer needs to ramp down.

    The way power plants know what real-time power adjustments are needed is by closely monitoring the grid frequency. The goal is to provide electricity at a constant frequency – 60 hertz – at all times. If more power is needed than is being produced, the frequency drops and a power plant boosts output. If there’s too much power being produced, the frequency rises and a power plant slows production a little. These actions, a process called “frequency regulation,” happen in a matter of seconds to keep the grid balanced.

    This output flexibility, primarily from power plants, is key to keeping the lights on for everyone.

    Power plants, like this one in Utah, adjust their output to match demand from electricity customers.
    Jason Finn/iStock / Getty Images Plus

    Finding new options

    I’m interested in how distributed energy resources can improve flexibility in the grid. They can release more energy, or consume less, to respond to the changing supply or demand, and help balance the grid, ensuring the frequency remains near 60 hertz.

    Some people fear that doing so might be invasive, giving someone outside your home the ability to control your battery or air conditioner. Therefore, we wanted to see if we could help balance the grid with frequency regulation using home air-conditioning units rather than power plants – without affecting how residents use their appliances or how comfortable they are in their homes.

    From 2019 to 2023, my group at the University of Michigan tried this approach, in collaboration with researchers at Pecan Street Inc., Los Alamos National Laboratory and the University of California, Berkeley, with funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy.

    We recruited 100 homeowners in Austin, Texas, to do a real-world test of our system. All the homes had whole-house forced-air cooling systems, which we connected to custom control boards and sensors the owners allowed us to install in their homes. This equipment let us send instructions to the air-conditioning units based on the frequency of the grid.

    Before I explain how the system worked, I first need to explain how thermostats work. When people set thermostats, they pick a temperature, and the thermostat switches the air-conditioning compressor on and off to maintain the air temperature within a small range around that set point. If the temperature is set at 68 degrees, the thermostat turns the AC on when the temperature is, say, 70, and turns it off when it’s cooled down to, say, 66.

    Every few seconds, our system slightly changed the timing of air-conditioning compressor switching for some of the 100 air conditioners, causing the units’ aggregate power consumption to change. In this way, our small group of home air conditioners reacted to grid changes the way a power plant would – using more or less energy to balance the grid and keep the frequency near 60 hertz.

    Moreover, our system was designed to keep home temperatures within the same small temperature range around the set point.

    Smart thermostats could have frequency regulation capabilities available to interested consumers, to help balance the electricity grid.
    Danielle Mead/iStock/Getty Images Plus

    Testing the approach

    We ran our system in four tests, each lasting one hour. We found two encouraging results.

    First, the air conditioners were able to provide frequency regulation at least as accurately as a traditional power plant. Therefore, we showed that air conditioners could play a significant role in increasing grid flexibility. But perhaps more importantly – at least in terms of encouraging people to participate in these types of systems – we found that we were able to do so without affecting people’s comfort in their homes.

    We found that home temperatures did not deviate more than 1.6 Fahrenheit from their set point. Homeowners were allowed to override the controls if they got uncomfortable, but most didn’t. For most tests, we received zero override requests. In the worst case, we received override requests from two of the 100 homes in our test.

    In practice, this sort of technology could be added to commercially available internet-connected thermostats. In exchange for credits on their energy bills, users could choose to join a service run by the thermostat company, their utility provider or some other third party.

    Then people could turn on the air conditioning in the summer heat without that pang of guilt, knowing they were helping to make the grid more reliable and more capable of accommodating renewable energy sources – without sacrificing their own comfort in the process.

    Johanna Mathieu works for the University of Michigan. She has received funding from the National Science Foundation, Department of Energy, ARPA-E, and the Alfred P. Sloan Foundation. She is affiliated with the IEEE.

    ref. How your air conditioner can help the power grid, rather than overloading it – https://theconversation.com/how-your-air-conditioner-can-help-the-power-grid-rather-than-overloading-it-256858

    MIL OSI

  • MIL-OSI Submissions: Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet

    Source: The Conversation – USA (2) – By Magali A. Delmas, Professor of Management, Institute of the Environment and Sustainability, Anderson School of Management, University of California, Los Angeles

    The blue Energy Star label is widely recognized across the U.S. Alex Tai/SOPA Images/LightRocket via Getty Images

    Since the early 1990s, the small blue Energy Star label has appeared on millions of household appliances, electronics and even buildings across the United States. But as the Trump administration considers terminating some or all of the program, it is worth a look at what exactly this government-backed label means, and why it has become one of the most recognizable environmental certifications in the country.

    Energy Star was launched by the U.S. Environmental Protection Agency in 1992 and later expanded in partnership with the Department of Energy with a simple goal: making it easier for consumers and businesses to choose energy-efficient products, helping them reduce energy use and save money, without sacrificing quality or performance.

    As a scholar of energy conservation, I have studied the Energy Star program’s development and public impact, including how it has shaped consumer behavior and environmental outcomes.

    According to the EPA, it has saved consumers an average of US$15 billion a year on energy costs since its inception, a massive return on a program that costs taxpayers an estimated $32 million a year.

    How Energy Star works

    When you see an Energy Star label on a product, it means that product has met strict energy efficiency standards set by the EPA in collaboration with the U.S. Department of Energy, which tests how much energy appliances use. The federal agencies also consult with product manufacturers, utilities and others to figure out how best to improve products and determine how cost-effective changes might be.

    Products that earn the Energy Star certification typically use significantly less energy than standard models, often between 10% and 50% less. The energy – and financial – savings can add up quickly, especially when homes or buildings have multiple Energy Star appliances and systems.

    Energy Star itself does not manufacture or sell products. Instead, it acts as a trusted third-party certifier, providing consumers and businesses with reliable information and clear labeling. It also offers information to help people estimate energy savings and compare long-term costs, making it easier to identify high-performing, cost-effective options. Manufacturers participating in Energy Star seek to improve their environmental reputation and increase their market share, giving them a strong incentive to meet the program’s efficiency criteria.

    Today, the label appears on refrigerators, dishwashers, laptops, commercial buildings and even newly built homes. The government says people in more than 90% of American households recognize the label.

    Energy Star-certified appliances include upright freezers, clothes washers and many other types of home equipment, which use between 10% and 50% less energy than uncertified items.
    AP Photo/Joshua A. Bickel

    People don’t always choose efficient products

    Energy Star seeks to tackle a wide range of problems that can result in people deciding not to buy energy-efficient products.

    One problem is that efficient models often come with higher up-front costs. While efficient models save money over time, that higher purchase price can discourage buyers. Energy Star helps counter this problem by clearly showing how much money can be saved on energy costs over the lifetime of the product – as compared with noncertified products – and by offering rebates that reduce the initial expense.

    Another problem involves what economists call “split incentives.” A landlord might not want to pay a higher price up front for energy-efficient appliances if the tenants are the ones who will save money on the utility bills. And renters may not want to spend a lot of money on appliances or equipment in a place they do not own. Energy Star tries to bridge this divide by promoting whole-building certifications, which encourage landlords to invest in their buildings’ energy efficiency with the goal of making their properties more attractive to tenants.

    The countless varieties of refrigerators, dishwashers, air conditioners and other items on the market can also create confusion. Consumers who just look at manufacturers’ promotional material may find it very hard to determine which appliances truly deliver better energy efficiency. The Energy Star label makes this comparison easier: If the label is there, it is among the most efficient choices available.

    And consumers are often skeptical of manufacturers’ claims – especially when it comes to new technologies or environmental promises. Energy Star’s status as a program backed by the government, rather than a private company, gives it a level of independence and credibility that many other labels lack. People know the certification is based on science, not sales tactics.

    Lastly, Energy Star helps overcome the problem that many people are not aware of how much energy their appliances consume, or how those choices contribute to climate change. By connecting everyday products to larger environmental outcomes, Energy Star helps consumers understand the effects of their decisions, without needing to become energy experts.

    The program delivers real results

    Since its inception, more than 800,000 appliance models have earned Energy Star certification based on the criteria for their type of product.

    The same principles that make the label valuable for consumer appliances – independent certification, clear metrics and a focus on results – have proved equally effective in real estate. Nearly 45,000 commercial buildings and industrial plants have earned certification. And there have been more than 2.5 million Energy Star-certified homes and apartments built in the U.S.

    In 2023 alone, over 190,000 new homes and apartments were certified, representing more than 12% of all new residential construction nationwide.

    Energy Star-certified homes are designed to be at least 10% more energy efficient than those built to standard building codes, with more insulation and windows and lights that are energy-efficient, as well as appliances. These enhancements can translate to better quality, comfort and long-term cost savings for homeowners.

    Commercial buildings, which account for about 18% of total U.S. energy use, have also benefited substantially. Research I was involved in found that certified commercial buildings use an average of 19% less energy than their noncertified counterparts.

    Computers can sleep, too – not just cats. Both types conserve energy.
    Markus Scholz/picture alliance via Getty Images

    Why government leadership matters

    Energy Star’s status as a government-led label contributes to its credibility as a more neutral and science-based source of information than commercial labels.

    Energy Star’s government connections also bring scale: By requiring federal purchases to have Energy Star certifications, the federal government can influence manufacturers. For example, a federal executive order in 1993 required government agencies to purchase only computers that had been Energy Star-certified, which required them to have energy-saving sleep functions.

    In response, manufacturers began including the feature so they could sell their products to the government. Consumers soon came to expect the sleep feature on all computers.

    A quiet success story in energy and climate

    Energy Star does not grab headlines. It does not rely on regulation or mandates. Yet it has quietly become one of the most effective tools the U.S. has for improving energy efficiency across homes, offices and public buildings.

    That said, the program is not without its limitations. Some critics have pointed out that not all certified products consistently perform at the highest efficiency levels. Other critics note that the benefits of Energy Star are more accessible to wealthier consumers who can afford up-front investments, even with available rebates. And the EPA itself has, at times, struggled to manage the certification process and update standards in line with the latest technological advances.

    At a time when energy costs and climate concerns are rising, Energy Star stands out as a rare example of a practical, nonpartisan program that delivers real benefits. It helps individuals, businesses and communities save money, lower emissions and take part in a more sustainable future – one smart decision at a time.

    Magali Delmas received funding from the US EPA in 2002 for research on Environmental Management Strategies and Corporate Performance.

    ref. Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet – https://theconversation.com/energy-star-on-the-trump-administrations-target-list-has-a-long-history-of-helping-consumers-wallets-and-the-planet-258152

    MIL OSI