NewzIntel.com

Category: Internet

  • MIL-OSI USA: Thirteenth Defendant Pleads Guilty in Transnational Scheme to Defraud U.S. Consumers

    Source: US State of California

    A Peruvian national pleaded guilty yesterday for his participation in transnational mail and wire fraud schemes that targeted vulnerable United States consumers.

    According to court documents, David Cornejo Fernandez, 36, of Lima, Peru, facilitated fraud schemes that stole millions of dollars from Spanish-speaking victims across the United States. Cornejo provided Internet-based telephone lines, caller-ID spoofing services, and recording capabilities to a network of fraudulent call centers based in Peru. Relying on Cornejo’s services, those call centers defrauded and extorted thousands of Spanish-speaking victims by falsely threatening them with court proceedings, fines, and other consequences. Cornejo further provided the call centers with the technology – and, at times, the training – to convincingly impersonate federal agents, police officers, attorneys, court personnel, and other government officials in order to extort payments from victims. Cornejo was extradited from Peru in November 2024 to face charges related to the scheme.        

    Cornejo is the 13th defendant to be convicted in connection with a $15 million transnational fraud scheme that defrauded and threatened Spanish-speaking U.S. consumers. These fraudsters falsely claimed the victims would suffer severe legal, financial and other consequences if they did not pay for English-language products. Collectively, the scheme was responsible for defrauding more than 30,000 United States consumers, many of whom were vulnerable.

    “The Department of Justice is committed to protecting vulnerable U.S. consumers from fraud, especially schemes carried out by criminals impersonating U.S. government officials,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “Those who target American consumers from abroad will be identified, prosecuted, and held accountable for their crimes. We thank the Republic of Peru for their assistance in arresting and extraditing this defendant and others involved in these scams.”

    “The defendant thought he could hide behind borders and phone lines, but the Postal Inspection Service is relentless when it comes to protecting American consumers,” said Acting Inspector in Charge Bladismir Rojo, U.S. Postal Inspection Service, Miami Division. “Setting up fake call centers to harass and intimidate innocent victims, Cornejo and his co-conspirators, crafted a campaign of fear designed to rob people of not only their savings but their peace of mind. If you target Americans, no matter where you are in the world we will find you.”

    In pleading guilty, Cornejo admitted that he provided his co-conspirators with the technology to manipulate the phone numbers on victims’ caller IDs, which enabled them to place threatening calls that appeared to be coming from U.S. federal agencies, court officials or law enforcement agencies. Cornejo also placed recordings on his co-conspirators’ inbound phone lines that appeared to be recordings from actual U.S. courts, police departments and federal agencies. These recordings enhanced the apparent legitimacy of the threatening calls and were used to extort payments from vulnerable consumers in the Southern District of Florida and across the United States. Cornejo also regularly replaced telephone numbers that victims reported as fraudulent, thus enabling his co-conspirators to continue with the fraudulent scheme. 

    Yesterday, Cornejo pleaded guilty to conspiracy to commit mail and wire fraud. A sentencing hearing is scheduled before the Senior U.S. District Judge Robert N. Scola in Miami on Sep. 25.  Cornejo faces a maximum penalty of 20 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    USPIS and the Consumer Protection Branch investigated the case.

    Senior Trial Attorney and Transnational Criminal Litigation Coordinator Phil Toomajian and Trial Attorney Carolyn Rice of the Consumer Protection Branch are prosecuting the case and Assistant U.S. Attorney Annika Miranda for the Southern District of Florida is handling asset forfeiture. The Justice Department’s Office of International Affairs, U.S. Attorney’s Office for the Southern District of Florida, State Department’s Diplomatic Security Service, U.S. Marshals Service, Peruvian National Prosecutor General’s Office and Peruvian National Police provided critical assistance.

    If you or someone you know is age 60 or older and has experienced financial fraud, experienced professionals are standing by at the National Elder Fraud Hotline: 1-833-FRAUD-11 (1-833-372-8311). This Justice Department hotline, managed by the Office for Victims of Crime, can provide personalized support to callers by assessing the needs of the victim and identifying relevant next steps. Case managers will identify appropriate reporting agencies, provide information to callers to assist them in reporting, connect callers directly with appropriate agencies and provide resources and referrals, on a case-by-case basis. Reporting is the first step. Reporting can help authorities identify those who commit fraud and reporting certain financial losses due to fraud as soon as possible can increase the likelihood of recovering losses. The hotline is open Monday through Friday from 10:00 a.m. to 6:00 p.m. ET. English, Spanish and other languages are available.

    More information about the department’s efforts to help American seniors is available at its Elder Justice Initiative webpage. For more information about the Consumer Protection Branch and its enforcement efforts, visit www.justice.gov/civil/consumer-protection-branch. Elder fraud complaints can be filed with the FTC at www.reportfraud.ftc.gov/ or at 877-FTC-HELP. The Justice Department provides a variety of resources relating to elder fraud victimization through its Office for Victims of Crime, which can be reached at www.ovc.gov.

    MIL OSI USA News –

  • MIL-OSI Security: Thirteenth Defendant Pleads Guilty in Transnational Scheme to Defraud U.S. Consumers

    Source: United States Attorneys General

    A Peruvian national pleaded guilty yesterday for his participation in transnational mail and wire fraud schemes that targeted vulnerable United States consumers.

    According to court documents, David Cornejo Fernandez, 36, of Lima, Peru, facilitated fraud schemes that stole millions of dollars from Spanish-speaking victims across the United States. Cornejo provided Internet-based telephone lines, caller-ID spoofing services, and recording capabilities to a network of fraudulent call centers based in Peru. Relying on Cornejo’s services, those call centers defrauded and extorted thousands of Spanish-speaking victims by falsely threatening them with court proceedings, fines, and other consequences. Cornejo further provided the call centers with the technology – and, at times, the training – to convincingly impersonate federal agents, police officers, attorneys, court personnel, and other government officials in order to extort payments from victims. Cornejo was extradited from Peru in November 2024 to face charges related to the scheme.        

    Cornejo is the 13th defendant to be convicted in connection with a $15 million transnational fraud scheme that defrauded and threatened Spanish-speaking U.S. consumers. These fraudsters falsely claimed the victims would suffer severe legal, financial and other consequences if they did not pay for English-language products. Collectively, the scheme was responsible for defrauding more than 30,000 United States consumers, many of whom were vulnerable.

    “The Department of Justice is committed to protecting vulnerable U.S. consumers from fraud, especially schemes carried out by criminals impersonating U.S. government officials,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “Those who target American consumers from abroad will be identified, prosecuted, and held accountable for their crimes. We thank the Republic of Peru for their assistance in arresting and extraditing this defendant and others involved in these scams.”

    “The defendant thought he could hide behind borders and phone lines, but the Postal Inspection Service is relentless when it comes to protecting American consumers,” said Acting Inspector in Charge Bladismir Rojo, U.S. Postal Inspection Service, Miami Division. “Setting up fake call centers to harass and intimidate innocent victims, Cornejo and his co-conspirators, crafted a campaign of fear designed to rob people of not only their savings but their peace of mind. If you target Americans, no matter where you are in the world we will find you.”

    In pleading guilty, Cornejo admitted that he provided his co-conspirators with the technology to manipulate the phone numbers on victims’ caller IDs, which enabled them to place threatening calls that appeared to be coming from U.S. federal agencies, court officials or law enforcement agencies. Cornejo also placed recordings on his co-conspirators’ inbound phone lines that appeared to be recordings from actual U.S. courts, police departments and federal agencies. These recordings enhanced the apparent legitimacy of the threatening calls and were used to extort payments from vulnerable consumers in the Southern District of Florida and across the United States. Cornejo also regularly replaced telephone numbers that victims reported as fraudulent, thus enabling his co-conspirators to continue with the fraudulent scheme. 

    Yesterday, Cornejo pleaded guilty to conspiracy to commit mail and wire fraud. A sentencing hearing is scheduled before the Senior U.S. District Judge Robert N. Scola in Miami on Sep. 25.  Cornejo faces a maximum penalty of 20 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    USPIS and the Consumer Protection Branch investigated the case.

    Senior Trial Attorney and Transnational Criminal Litigation Coordinator Phil Toomajian and Trial Attorney Carolyn Rice of the Consumer Protection Branch are prosecuting the case and Assistant U.S. Attorney Annika Miranda for the Southern District of Florida is handling asset forfeiture. The Justice Department’s Office of International Affairs, U.S. Attorney’s Office for the Southern District of Florida, State Department’s Diplomatic Security Service, U.S. Marshals Service, Peruvian National Prosecutor General’s Office and Peruvian National Police provided critical assistance.

    If you or someone you know is age 60 or older and has experienced financial fraud, experienced professionals are standing by at the National Elder Fraud Hotline: 1-833-FRAUD-11 (1-833-372-8311). This Justice Department hotline, managed by the Office for Victims of Crime, can provide personalized support to callers by assessing the needs of the victim and identifying relevant next steps. Case managers will identify appropriate reporting agencies, provide information to callers to assist them in reporting, connect callers directly with appropriate agencies and provide resources and referrals, on a case-by-case basis. Reporting is the first step. Reporting can help authorities identify those who commit fraud and reporting certain financial losses due to fraud as soon as possible can increase the likelihood of recovering losses. The hotline is open Monday through Friday from 10:00 a.m. to 6:00 p.m. ET. English, Spanish and other languages are available.

    More information about the department’s efforts to help American seniors is available at its Elder Justice Initiative webpage. For more information about the Consumer Protection Branch and its enforcement efforts, visit www.justice.gov/civil/consumer-protection-branch. Elder fraud complaints can be filed with the FTC at www.reportfraud.ftc.gov/ or at 877-FTC-HELP. The Justice Department provides a variety of resources relating to elder fraud victimization through its Office for Victims of Crime, which can be reached at www.ovc.gov.

    MIL Security OSI –

  • MIL-OSI: Mega Fortune Company Limited Announces Closing of $15 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 17, 2025 (GLOBE NEWSWIRE) — Mega Fortune Company Limited (the “Company” or “MGRT”), an Internet of Things (“IoT”) solution provider in Hong Kong, today announced the closing of its initial public offering (the “Offering”) of 3,750,000 ordinary shares at a price of $4.00 per share. The Company has granted the underwriter a 45-day option to purchase up to an additional 562,500 ordinary shares at the public offering price, less the underwriting discounts.

    The aggregate gross proceeds from the Offering were $15 million, before deducting underwriting discounts and other related expenses. The ordinary shares began trading on The Nasdaq Capital Market on July 16, 2025 under the ticker symbol “MGRT.”

    The Offering was conducted on a firm commitment basis. D. Boral Capital LLC acted as the sole book-running manager for the Offering. FisherBroyles, LLP acted as U.S. securities counsel to the Company, and Jun He Law Offices LLC acted as U.S. counsel to D. Boral Capital LLC in connection with the Offering.

    A registration statement on Form F-1, as amended, relating to the Offering has been filed with the U.S. Securities and Exchange Commission (“SEC”) (File Number: 333-282977) and was declared effective by the SEC on June 30, 2025. The Offering was made only by means of a final prospectus. A final prospectus relating to the Offering was filed with the SEC on July 16, 2025, which may be obtained from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022 by email to dbccapitalmarkets@dboralcapital.com, or by calling +1 (212) 970 5150. In addition, a copy of the final prospectus relating to the Offering may be obtained via the SEC’s website at http://www.sec.gov.

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

    About Mega Fortune Company Limited

    Mega Fortune Company Limited (the “Company”) is an Internet of Things (“IoT”) solution provider in Hong Kong. Through its operating subsidiary QBS System Limited (“QBS System”), the Company has specialized in delivering comprehensive IoT solutions and services across various industries. QBS System’s business service portfolio includes the provision of IoT Integration Solution Services, IoT Maintenance and Support services, Business Process Outsourcing (“BPO”) services and trading sales. Through its IoT platform, tools and services, QBS system helps enterprises through their digital transformation, launch IoT initiatives, upscale an existing IoT application or integrate any IoT solution with a legacy system to help them become more innovative, effective and productive. The Company’s vision is to become the preferred choice for IoT solutions for enterprises and projects in the Asia-Pacific region.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For more information, please contact:

    Mega Fortune Company Limited
    Phone: +852 5627 5338
    Email:  priscilla.cheng@megafortune-group.com

    The MIL Network –

  • MIL-OSI: Mega Fortune Company Limited Announces Closing of $15 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 17, 2025 (GLOBE NEWSWIRE) — Mega Fortune Company Limited (the “Company” or “MGRT”), an Internet of Things (“IoT”) solution provider in Hong Kong, today announced the closing of its initial public offering (the “Offering”) of 3,750,000 ordinary shares at a price of $4.00 per share. The Company has granted the underwriter a 45-day option to purchase up to an additional 562,500 ordinary shares at the public offering price, less the underwriting discounts.

    The aggregate gross proceeds from the Offering were $15 million, before deducting underwriting discounts and other related expenses. The ordinary shares began trading on The Nasdaq Capital Market on July 16, 2025 under the ticker symbol “MGRT.”

    The Offering was conducted on a firm commitment basis. D. Boral Capital LLC acted as the sole book-running manager for the Offering. FisherBroyles, LLP acted as U.S. securities counsel to the Company, and Jun He Law Offices LLC acted as U.S. counsel to D. Boral Capital LLC in connection with the Offering.

    A registration statement on Form F-1, as amended, relating to the Offering has been filed with the U.S. Securities and Exchange Commission (“SEC”) (File Number: 333-282977) and was declared effective by the SEC on June 30, 2025. The Offering was made only by means of a final prospectus. A final prospectus relating to the Offering was filed with the SEC on July 16, 2025, which may be obtained from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022 by email to dbccapitalmarkets@dboralcapital.com, or by calling +1 (212) 970 5150. In addition, a copy of the final prospectus relating to the Offering may be obtained via the SEC’s website at http://www.sec.gov.

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

    About Mega Fortune Company Limited

    Mega Fortune Company Limited (the “Company”) is an Internet of Things (“IoT”) solution provider in Hong Kong. Through its operating subsidiary QBS System Limited (“QBS System”), the Company has specialized in delivering comprehensive IoT solutions and services across various industries. QBS System’s business service portfolio includes the provision of IoT Integration Solution Services, IoT Maintenance and Support services, Business Process Outsourcing (“BPO”) services and trading sales. Through its IoT platform, tools and services, QBS system helps enterprises through their digital transformation, launch IoT initiatives, upscale an existing IoT application or integrate any IoT solution with a legacy system to help them become more innovative, effective and productive. The Company’s vision is to become the preferred choice for IoT solutions for enterprises and projects in the Asia-Pacific region.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For more information, please contact:

    Mega Fortune Company Limited
    Phone: +852 5627 5338
    Email:  priscilla.cheng@megafortune-group.com

    The MIL Network –

  • MIL-OSI USA: S. 539, PROTECT Our Children Reauthorization Act of 2025

    Source: US Congressional Budget Office

    S. 539 would reauthorize the PROTECT our Children Act of 2008 and authorize the appropriation of specific amounts for each year from 2026 through 2028 totaling $240 million for programs at the Department of Justice that assist federal, state, and local law enforcement agencies in investigating and prosecuting child exploitation. Most of the authorized funding would support the Internet Crimes Against Children (ICAC) program, a network of task forces that support state and local governments’ efforts to investigate and prosecute child sexual exploitation and other crimes against children committed over the Internet. S. 539 also would limit liability for ICAC task forces in civil and criminal lawsuits filed in federal or state courts with respect to investigations of crimes against children. The underlying authorizations for those programs expired at the end of 2024.

    Lastly, the bill would require the National Center for Missing and Exploited Children (NCMEC) to provide all supplemental information reported to the CyberTipline to law enforcement agencies. The CyberTipline is the national reporting system for online child sexual exploitation.

    Based on historical spending patterns for similar activities, CBO estimates that implementing S. 539 would cost $157 million over the 2025-2030 period and $83 million after 2030, assuming appropriation of the authorized amounts.

    The costs of the legislation, detailed in Table 1, fall within budget function 750 (administration of justice).

    Table 1.

    Estimated Increases in Spending Subject to Appropriation Under S. 539
     

    By Fiscal Year, Millions of Dollars

    		  
     

    2025

    2026

    2027

    2028

    2029

    2030

    2025-2030

    Authorization

    0

    70

    80

    90

    0

    0

    240

    Estimated Outlays

    0

    5

    20

    36

    48

    48

    157

    S. 539 would impose intergovernmental and private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) by providing certain liability protections against criminal or civil cases arising in federal or state courts with respect to ICAC’s investigations of crimes against children.This would remove a right of action from public and private entities. The cost of this mandate would be the lost financial rewards from successful litigation. CBO cannot anticipate the number of cases that would be prohibited under the bill, the outcome of such cases, or the financial awards from successful litigation. Therefore, CBO cannot determine whether the cost of the mandate would exceed the intergovernmental and private-sector thresholds established in UMRA ($103 million and $206 million respectfully, in 2025, adjusted annually for inflation).

    The bill also would impose a private-sector mandate on the National Center for Missing and Exploited Children by requiring NCMEC to include supplemental information with their reports on child abuse to law enforcement agencies. CBO assumes that this information is readily available because NCMEC already compiles this information in the process of creating those reports. Therefore, CBO expects the cost of this mandate would be well below the private-sector threshold established in UMRA.

    The CBO staff contacts for this estimate are Jeremy Crimm (for federal costs) and Erich Dvorak (for mandates). The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Foreign Minister Lin meets with Paraguayan Foreign Minister Ramírez, cohosts reception celebrating 68th anniversary of diplomatic relations

    Source: Republic of China Taiwan

    July 13, 2025No. 239
    After arriving in Paraguay in the evening of July 10, Minister of Foreign Affairs Lin Chia-lung visited the Paraguayan Ministry of Foreign Affairs on the morning of the following day to meet with Minister of Foreign Affairs Rubén Ramírez Lezcano. The two reviewed progress made on key components of the Diplomatic Allies Prosperity Project, which is being implemented by the government of Taiwan under the policy framework of integrated diplomacy. Based on mutual trust and mutual benefit, Taiwan and Paraguay are jointly promoting exchanges in economics, trade, investment, infrastructure, smart medicine, technology, education, and smart transportation. Cooperation has brought prosperity to both countries and benefited the Taiwanese and Paraguayan people.
     
    Speaking at a joint press conference with Minister Ramírez after the meeting, Minister Lin said that Taiwan and Paraguay shared the core values of democracy, freedom, human rights, and the rule of law. He affirmed that the bilateral diplomatic relationship was rock-solid. Looking ahead, Minister Lin pledged that both countries would continue to work together to deepen interactions and collaboration in various fields and jointly enhance the well-being of their people. Minister Lin noted that this demonstrated Taiwan’s policy of values-based diplomacy was steadily developing into value-added diplomacy, showing the world that Taiwan-Paraguay ties were a model of successful cooperation.
     
    In the evening, Minister Lin and Minister Ramírez cohosted a reception celebrating the 68th anniversary of diplomatic relations between the Republic of China (Taiwan) and the Republic of Paraguay. The event was attended by over 250 guests, including Paraguayan Supreme Court President César Diesel, Chamber of Deputies Speaker Raúl Latorre Martínez, other deputies and senators, members of the diplomatic corps, and representatives of the overseas Taiwanese community. In his remarks, Minister Lin commended the fruitful outcomes of the long-term and close partnership between Taiwan and Paraguay. He said that recent benchmark initiatives such as the Taiwan-Paraguay Smart Technology Park, the Taiwan-Paraguay Polytechnic University, the Health Information Management Efficiency Enhancement Project, and an electric bus pilot program were steadily yielding results. Noting that Taiwan was a vital link in global supply chains, Minister Lin said that Taiwan was willing to use its advantages in ICT to further deepen cooperation with Paraguay on comprehensive technological development. Minister Lin added that Taiwan was ready to assist its fraternal ally Paraguay in achieving its national blueprint for development and transformation, jointly realizing the vision of sustainability and prosperity.
     
    In his address, Minister Ramírez thanked Taiwan for its long-term assistance in promoting the development of agriculture, livestock, public health, medicine, education, innovation, and infrastructure in Paraguay. He said that cooperation had targeted the sectors of society that were most in need, benefiting farming communities and young students. Praising the Taiwan-Paraguay Polytechnic University as a landmark bilateral cooperation project, Minister Ramírez said that more than 170 engineers had already been trained. He noted that the two countries were working together to construct campus buildings, representing their shared commitment to investing in knowledge and talent. Minister Ramírez added that Taiwan and Paraguay were jointly creating a future for the next generation by incorporating smart industries and global supply chain integration into their cooperation projects. 
     
    Paraguay is an important diplomatic ally of Taiwan. A mutual agreement on visa-free entry for ordinary passport holders between the two countries that will come into effect on July 25 is expected to further advance exchanges among the people of Taiwan and Paraguay and make investment by Taiwanese companies in Paraguay more convenient. The two nations will continue to deepen cooperation in all spheres and jointly inject new momentum into their democratic partnership.

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Alexander Novak held a meeting on the issue of energy supply for mining activities

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Alexander Novak held a meeting on the issue of energy supply to consumers engaged in mining activities. It was attended by representatives of federal authorities, energy companies, public business associations and industry associations, and State Duma deputies.

    The representative of the Ministry of Energy reported on the current state of regulation of energy supply for mining activities in Russia, including issues of identifying and preventing electricity consumption by miners in regions where this activity is prohibited. A number of amendments to the current legislation were proposed in order to further improve energy supply for mining. This concerns the procedure for using capacity temporarily unclaimed by miners during the period of the ban on their work, increasing liability for violating the requirements for mining cryptocurrency, and a proposal to label and certify foreign equipment for mining cryptocurrency imported into Russia. In addition, the representative of the Ministry of Energy reported on the status of the preparation of regulatory legal acts providing for the creation of a fourth category of reliability of energy supply to consumers, which takes into account the introduction of remote restriction of the consumption mode during peak loads and the threat of energy and power shortages in the region.

    The head of the Federal Service for Supervision of Communications, Information Technology and Mass Media Andrey Lipov spoke about tools for identifying individuals mining cryptocurrencies by analyzing Internet traffic and electricity consumption patterns.

    A representative of the Federal Tax Service reported on the number of persons registered in the relevant mining registries. This refers to entities or companies mining cryptocurrencies and to mining infrastructure operators.

    Alexander Novak instructed the Ministry of Energy to finalize proposals for the introduction of the fourth category of reliability of energy consumers, and in close cooperation with regional authorities and energy companies to prepare a final proposal on the mechanism for the redistribution of released capacity when limiting mining activities in the region in order to connect socially significant consumers to power grids. The Deputy Prime Minister instructed to work out proposals to increase liability for illegal connection to power grids, theft of electricity, and violation of the ban on limiting mining activities in terms of electricity supply.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Europe: Draft agenda – Monday, 8 September 2025 – Strasbourg

    Source: European Parliament

    60 Public procurement
    Piotr Müller
        – Amendments Wednesday, 3 September 2025, 13:00
    63 Governance of the internet – renewal of the mandate of the Internet Governance Forum
        – Motion for a resolution Wednesday, 3 September 2025, 13:00
        – Amendments to motions for resolutions; joint motions for resolutions Friday, 5 September 2025, 12:00
        – Amendments to joint motions for resolutions Friday, 5 September 2025, 13:00
    Texts put to the vote on Tuesday Friday, 5 September 2025, 12:00
    Texts put to the vote on Wednesday Monday, 8 September 2025, 19:00
    Texts put to the vote on Thursday Tuesday, 9 September 2025, 19:00
    Motions for resolutions concerning debates on cases of breaches of human rights, democracy and the rule of law (Rule 150) Wednesday, 10 September 2025, 19:00

    MIL OSI Europe News –

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 521

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL1

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 521
    NWS Storm Prediction Center Norman OK
    225 PM EDT Thu Jul 17 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Western and Northern Maine
    Northern and Central New Hampshire
    Far Northern New York
    Northern and Central Vermont

    * Effective this Thursday afternoon and evening from 225 PM until
    900 PM EDT.

    * Primary threats include…
    Scattered damaging wind gusts to 65 mph possible
    A tornado or two possible

    SUMMARY…Scattered thunderstorms are forecast to develop and
    intensify this afternoon across the Watch area. A couple of
    transient supercells are possible as well as a few organized
    multicells. The primary severe hazard will be strong to severe
    gusts (50-65 mph) capable of wind damage, but a tornado is possible
    with the more intense transient supercells.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 20 miles north northwest
    of Caribou ME to 15 miles south southwest of Montpelier VT. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU1).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1 inch. Extreme turbulence and surface wind gusts to 55 knots. A few
    cumulonimbi with maximum tops to 400. Mean storm motion vector
    23030.

    …Smith

    SEL1

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 521
    NWS Storm Prediction Center Norman OK
    225 PM EDT Thu Jul 17 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Western and Northern Maine
    Northern and Central New Hampshire
    Far Northern New York
    Northern and Central Vermont

    * Effective this Thursday afternoon and evening from 225 PM until
    900 PM EDT.

    * Primary threats include…
    Scattered damaging wind gusts to 65 mph possible
    A tornado or two possible

    SUMMARY…Scattered thunderstorms are forecast to develop and
    intensify this afternoon across the Watch area. A couple of
    transient supercells are possible as well as a few organized
    multicells. The primary severe hazard will be strong to severe
    gusts (50-65 mph) capable of wind damage, but a tornado is possible
    with the more intense transient supercells.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 20 miles north northwest
    of Caribou ME to 15 miles south southwest of Montpelier VT. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU1).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1 inch. Extreme turbulence and surface wind gusts to 55 knots. A few
    cumulonimbi with maximum tops to 400. Mean storm motion vector
    23030.

    …Smith

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW1
    WW 521 SEVERE TSTM ME NH NY VT 171825Z – 180100Z
    AXIS..75 STATUTE MILES EAST AND WEST OF LINE..
    20NNW CAR/CARIBOU ME/ – 15SSW MPV/MONTPELIER VT/
    ..AVIATION COORDS.. 65NM E/W /22N PQI – 14SSW MPV/
    HAIL SURFACE AND ALOFT..1 INCH. WIND GUSTS..55 KNOTS.
    MAX TOPS TO 400. MEAN STORM MOTION VECTOR 23030.

    LAT…LON 47136658 43997117 43997418 47136978

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU1.

    Watch 521 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (5%)

    Wind

    Probability of 10 or more severe wind events

    Mod (50%)

    Probability of 1 or more wind events > 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Low ( 2 inches

    Low (

    MIL OSI USA News –

  • MIL-OSI: Ripple’s XRP Mining Revolution: PFMCrypto Unveils Next-Gen Free Cloud Mining Contracts

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 17, 2025 (GLOBE NEWSWIRE) — As Ripple’s XRP ecosystem gains global momentum, PFMCrypto is proud to introduce a major leap in accessible crypto mining: the launch of XRP-focused cloud mining contracts. Now available on both web and mobile platforms, these flexible short-term contracts allow users to mine XRP remotely and receive daily XRP rewards—no mining hardware, no complex setup, and no prior experience required. For the first time, retail participants can engage with the XRP economy through a streamlined, fully integrated platform.
    Explore the PFMCrypto website or download the app today.

    XRP Cloud Mining Is Here—Simple, Smart, and Rewarding
    Traditionally known for its role in cross-border payments and institutional finance, XRP now enters a new chapter with PFMCrypto’s latest innovation: easy-to-use cloud mining. Users can mine XRP directly or leverage PFMCrypto’s intelligent AI engine to automatically switch between the most profitable assets—including BTC, ETH, DOGE, USDC, and more—for optimized returns. All earnings are paid out daily in your chosen cryptocurrency, providing reliable income regardless of market fluctuations.
    Designed for both everyday users and professional investors, this platform empowers users to generate consistent crypto earnings from anywhere, at any time.

    Key Features of PFMCrypto’s XRP Cloud Mining Contracts
    –  Full XRP Integration: Deposit, purchase, mine, and withdraw XRP directly within the platform.
    –  Multi-Coin Mining Support: Mine and receive earnings in BTC, ETH, DOGE, USDC, USDT, SOL, LTC, and BCH.
    –  AI Revenue Optimization: Proprietary algorithms automatically allocate mining power to the top-performing assets to maximize returns.
    –  100% Remote Access: No mining equipment needed—fully accessible via the PFMCrypto mobile app or browser.
    –  Capital Protection: All contracts include full principal return upon maturity, reducing risk while growing crypto assets.

    Mining Contracts for Every Budget and Strategy:
    PFMCrypto offers a broad range of mining contracts that support XRP-based deposits and withdrawals. Each contract is crafted for flexibility, predictable income, and effective risk management:
    $10 Contract – 1 Day – Earn $0.66 (Free with signup bonus)
    $100 Contract – 2 Days – Earn $3.00 daily + $2 reward
    $500 Contract – 5 Days – Earn $6.15 daily
    $5,000 Contract – 30 Days – Earn $78.50 daily
    $20,000 Contract – 45 Days – Earn $380.00 daily
    Whether you’re testing the waters or building a long-term portfolio, PFMCrypto provides low-risk, high-transparency contracts that deliver stable daily income in XRP.
    Click here to explore more XRP cloud contracts.

    Why PFMCrypto’s XRP Mining Stands Out?
    –  Accessible to Everyone: No mining rigs, no setup, no complexity—just tap and earn.
    –  XRP-Native Integration: Deposit, mine, and withdraw XRP in one seamless ecosystem.
    –  Stable Returns, Smart Allocation: An AI-powered engine dynamically adjusts mining strategies to maximize rewards and ensure daily income across all supported coins.
    –  Multi-Asset Flexibility: Mine XRP directly or diversify earnings into other top digital assets—all with one contract.
    –  Instant Setup, Global Access: Mine from anywhere using your phone or browser—securely and remotely.

    Get Started Today in 3 Easy Steps:
    1.  Sign Up – Create your account and receive a $10 welcome bonus
    2.  Choose a Plan – Select a short- or long-term contract (1–60 days available)
    3.  Start Earning – Track daily profits and withdraw in the token of your choice

    Start mining XRP now at: https://pfmcrypto.net 
    Or download the PFMCrypto mobile app (available for iOS & Android).

    XRP Mining for a Digital Future
    Since 2018, PFMCrypto has helped millions of users around the world generate passive crypto income through secure, smart, cloud-based mining. With the introduction of XRP mining, the platform offers the ideal combination of institutional-grade infrastructure and retail accessibility. Now, users can choose to earn directly in XRP or diversify into major digital assets—all within a secure, fully remote environment.
    “XRP has always been fast, efficient, and scalable,” said a PFMCrypto spokesperson. “Now, it’s also mineable—securely, remotely, and profitably. We’ve eliminated the barriers so anyone can participate in XRP’s future growth.”
    Markets may shift—but daily mining income can remain steady.

    Join the XRP mining revolution today at: https://pfmcrypto.net

    The MIL Network –

  • MIL-OSI Security: San Antonio Man Sentenced to Federal Prison for Receipt of Child Pornography

    Source: Office of United States Attorneys

    SAN ANTONIO – A San Antonio man was sentenced in federal court to 210 months in prison for receipt of child pornography.

    According to court documents, David Guzman, 44, knowingly received child pornography and, using his laptop and cell phone, searched for and downloaded files containing child pornography using a peer-to-peer file sharing program called uTorrent. Of the files on his laptop, Guzman possessed 107 image files and 268 video files containing infants, toddlers, bondage, bestiality, and other sadistic acts.

    Homeland Security Investigations San Antonio executed a federal search warrant at Guzman’s residence on Nov. 30, 2022. He was arrested on Dec. 1, 2022, and was subsequently charged in a two-count indictment on Dec. 14, 2022. On April 10, 2024, he pled guilty to receipt of child pornography. In addition to the more than 17-year imprisonment, U.S. District Judge Jason Pulliam sentenced Guzman to lifetime supervised release and ordered him to pay $65,000 in restitution.

    “Seeking out and downloading child pornography, as Guzman did, eternally victimizes the innocent children forced to engage in despicable acts and encourages the production of child sexual abuse material,” said U.S. Attorney Justin R. Simmons for the Western District of Texas. “Protecting children from predators and criminal exploitation remains a priority in this district, and I thank our partners at HSI San Antonio for working with us to bring this predator to justice.”

    “Homeland Security Investigations is dedicated to safeguarding children from exploitation and ensuring justice is served,” said ICE HSI San Antonio Special Agent in Charge Craig Larrabee. “This 17 ½-year sentence reflects the seriousness of crimes involving the receipt of child pornography and underscores our commitment to holding offenders accountable. HSI will continue working tirelessly with our partners to protect vulnerable victims and pursue those who prey on them.”

    Assistant U.S. Attorneys Bettina Richardson and Kirk Mangels prosecuted the case.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    ###

    MIL Security OSI –

  • MIL-OSI Security: San Antonio Man to Spend 65 Years in Federal Prison for Sexually Exploiting Three Children

    Source: US FBI

    SAN ANTONIO – A San Antonio man was sentenced to 65 years in federal prison for sexually exploiting three young children.

    According to court documents, Charles Alexander Lopez, 30, stated in a group chat on the instant messaging app Wickr that he was engaged in the sexual abuse and exploitation of minor children in October 2023. He posted two images and a video to the group on Oct. 24, 2023, along with a message stating, “My conquest for the day.” The two images depicted a male toddler whom Lopez had just sexually assaulted, while the video depicted a portion of the sexual assault itself.

    An FBI Online Covert Employee (OCE) interacted with Lopez through a private chat, through which Lopez disclosed details of another sexual assault victimizing a female toddler a few days prior and that he has sexually exploited a non-verbal autistic male child as well. On Oct. 26, 2023, FBI San Antonio executed a federal search warrant for the home and person of Lopez, seizing electronic devices used to produce, distribute and possess child pornography.

    Lopez admitted to sexually exploiting a male toddler, using his smartphone to produce and share Child Sexual Abuse Material (CSAM). He also provided the names of other children he sexually assaulted and exploited, stating that he had sexually assaulted 15 minors since he was 10 years old and produced CSAM of approximately five different children.

    Lopez was arrested on Oct. 27, 2023, and on Nov. 15, 2023, a federal grand jury indicted him for three counts of sexual exploitation of a child and one count of possession of child pornography. He pleaded guilty on Feb. 10, 2025, to the three sexual exploitation charges. On July 14, Senior U.S. District Judge David Ezra sentenced Lopez to 65 years in federal prison and 10 years of supervised release. Ezra also ordered Lopez to pay $150,000 in restitution to three minor victims.

    “Individuals like this, who take every opportunity to prey on helpless children simply cannot remain free in our society,” said U.S. Attorney Justin R. Simmons for the Western District of Texas. “This defendant has spent two-thirds of his life as a child predator, sexually assaulting, exploiting and forever altering the lives of vulnerable and defenseless children to fulfill his selfish and vile choices.”

    “There is no place in our society for those who prey on the most vulnerable among us,” said Special Agent in Charge Aaron Tapp for FBI San Antonio.” The FBI San Antonio Child Exploitation and Human Trafficking Task Force, together with the United States Attorney’s Office, will relentlessly pursue every lead to investigate violent crimes against children and bring their perpetrators to justice.”

    FBI San Antonio investigated the case, assisted by a referral from FBI Albany.

    Assistant U.S. Attorney Tracy Thompson prosecuted the case.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    ###

    MIL Security OSI –

  • MIL-OSI: BYDFi’s MoonX Integrates xStocks for Onchain Trading of Tokenized U.S. Equities

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 17, 2025 (GLOBE NEWSWIRE) — BYDFi’s professional-grade onchain trading tool, MoonX, now supports xStocks—a tokenized equity product issued by Switzerland-based Backed Finance. Through this integration, users can seamlessly buy and sell tokenized representations of leading U.S. stocks such as NVDA, GOOGL, TSLA, and AMZN directly on the Solana blockchain using crypto assets.

    Introducing xStocks: Real-World Equities on Solana

    xStocks are onchain tokens representing shares of publicly traded U.S. companies. Each token is fully backed 1:1 by the corresponding underlying equity held by a licensed custodian, providing users with blockchain-native access to traditional assets while ensuring transparency and security.

    The tokens are issued by Backed, a Swiss financial services provider that operates under the country’s DLT regulatory framework. xStocks are built using the SPL token standard and are fully deployed on the Solana blockchain, ensuring high-speed transferability and onchain compatibility with Web3 tools and decentralized applications.

    To ensure transparency, xStocks are integrated with Chainlink’s Proof of Reserve (PoR) system. This allows anyone to independently verify, onchain and in real time, that the number of tokenized shares in circulation is fully backed by the underlying securities held in custody. The product offers 24/7 access to U.S. equities without the constraints of traditional trading hours or brokerage account requirements.

    Why It Matters: Unlocking Stock Market Access for Crypto Users

    The addition of xStocks significantly extends MoonX’s asset offering, allowing users to invest in traditional U.S. equities without leaving the crypto ecosystem. Retail and international investors can now trade fractionalized shares of high-value stocks using cryptocurrencies, removing the need for fiat conversion, traditional brokerage access, or lengthy onboarding procedures.

    All transactions are executed directly on the Solana blockchain, offering high-speed finality, transparency, and seamless user experience. All xStocks trades on MoonX are currently zero-fee.

    Access xStocks on MoonX: https://www.bydfi.com/en/moonx/xstocks

    BYDFi’s Vision for Onchain Capital Markets

    The integration of xStocks marks a strategic step in BYDFi’s efforts to support regulated, tokenized real-world assets. By offering onchain access to tokenized U.S. stocks via a compliant product, MoonX reinforces a vision of borderless, inclusive, and regulation-aligned finance for global crypto users.

    “Tokenized stocks represent a meaningful advancement in the evolution of capital markets,” said Michael, Co-founder and CEO of BYDFi. “With xStocks now live on MoonX, we are giving users around the world a frictionless way to access U.S. equities—powered by blockchain, backed by real assets, and available 24/7. This is a step toward our broader vision of building a more open, inclusive, and efficient global financial system.”


    About BYDFi

    Established in 2020, BYDFi has built a global user base of over one million across 190+ countries and regions. Recognized by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025, BYDFi offers a full range of trading services—from Spot and Perpetual Contracts to Copy Trading, Automated Bots, and Onchain Tools—empowering both novice and experienced traders to navigate the digital asset market with confidence.

    BYDFi is dedicated to delivering a world-class crypto trading experience for every user.

    BUIDL Your Dream Finance.

    • Website: https://www.bydfi.com
    • Support email: cs@bydfi.com
    • Business partnerships: bd@bydfi.com
    • Media inquiries: media@bydfi.com

    Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi

    The MIL Network –

  • MIL-OSI Russia: Polytechnicians received the national award “People change the country”

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    Five polytechnicians became laureates of the first national award “People Change the Country”. The award ceremony took place in the Zaryadye Concert Hall in Moscow.

    The purpose of the award is to recognize and reward scientists, engineers, and entrepreneurs whose advanced developments improve people’s lives and strengthen the economy and technological sovereignty of the country.

    The award is organised by the Agency for Strategic Initiatives (ASI) together with the Roscongress Foundation with the support of VEB.RF, the Russian Ministry of Defence, the Defenders of the Fatherland Foundation and the autonomous non-profit organisation Russia – Land of Opportunities.

    This year, the award was received by more than a thousand laureates in seven nominations: “National Social Initiative”, “National Technological Initiative”, “National Entrepreneurial Initiative”, “National Personnel Initiative”, “National Ecological and Climate Initiative”, “Defenders of the Fatherland” and “Russia – the Land of Opportunities”.

    In the nomination “National Technological Initiative” the winners were five representatives of the Polytechnic University: the head of the world-class Scientific Center “Advanced Digital Technologies”, chief designer in the scientific and technological direction, acting director of the Advanced Engineering School of SPbPU “Digital Engineering” (AES CI) Alexey Borovkov; deputy director of the Engineering Center “Computer Engineering Center” of AES CI Nikolay Efimov-Soini; director of the Center for Continuing Professional Education of AES CI, senior lecturer of the Higher School of Advanced Digital Technologies Sergey Salkutsan; chief engineer of the project of the Scientific Laboratory “Strategic Development of Engineering Markets” Pavel Kozlovsky; leading specialist of the project support department Maria Rodionova.

    Alexey Borovkov received a high award for actively promoting approaches to creating globally competitive science-intensive products using advanced end-to-end digital technologies. One of the key areas of his activity is the development and implementation of the technology of “digital twins” – an innovative tool that allows you to create virtual copies of products, machines, structures, equipment, as well as model physical, mechanical and technological processes with the highest accuracy. Under the leadership of Alexey Ivanovich, the digital platform CML-Bench® was developed, tested and successfully implemented in production, which became a key tool for creating digital twins. It opened up new opportunities for optimizing design, increasing production efficiency and reducing costs in various industries.

    Other significant projects implemented under the leadership of Alexey Borovkov include: development of body frame elements and structural armor elements for domestic Limousine, Sedan, SUV, and Minibus vehicles based on a single modular platform commissioned by FSUE NAMI; creation of a smart digital twin and experimental prototype of a small-sized urban electric vehicle with a level 3-4 ADAS system (KAMA-1); optimization of the weight of the TV7-117ST-01 engine based on the digital twin technology for UEC-Klimov/JSC UEC; development of a digital twin of a marine gas turbine engine and gearbox as part of the unit commissioned by UEC-Saturn (Rostec State Corporation); creation of the architecture of a highly adequate multiphysical digital model and a digital twin of a vitrification furnace for high-level radioactive waste for PO Mayak (Rosatom State Corporation), etc.

    Nikolay Efimov-Soini, Deputy Director of the Engineering Center “Computer Engineering Center” of the Advanced Engineering School of SPbPU “Digital Engineering”, became a laureate thanks to the project “Development of high-tech products in the field of nuclear engineering based on digital twin technology”. Under the leadership of Nikolay Konstantinovich, a large-scale complex of scientific and technical developments in the field of nuclear engineering of strategic importance for the industry was implemented over three years. Among the key achievements is the creation of digital models of fuel assemblies (FA) for VVER and TVS-K reactors, as well as the proposal of innovative design solutions aimed at increasing the efficiency of fuel assemblies. The developed solutions allow for high-precision modeling of FA behavior throughout the entire fuel cycle, which helps optimize the performance characteristics and improve the safety of nuclear power plants.

    Director of the Center for Continuing Professional Education of the Advanced Engineering School “Digital Engineering” Sergey Salkutsan and Chief Engineer of the Scientific Laboratory “Strategic Development of Engineering Markets” project Pavel Kozlovsky were awarded for educational projects implemented within the framework of the NTI Center “New Production Technologies”, as well as for the development of a family of simulators. By the beginning of 2024, a group of experts from the Advanced Engineering School CI developed five computer simulators available on the Digital Platform CML-Bench®.EDU, which is gradually developing as a separate direction of the Digital Platform for the Development and Application of Digital Twins CML-Bench®. The digital simulator “Lean Manufacturing” is a flagship product that marked the beginning of the creation and scaling of a line of simulators for training students, implementing corporate programs of continuing professional education for employees of the university’s industrial partners, as well as holding professional competitions. It is an online platform for learning the skills, tools and basics of lean manufacturing using practical solutions on a simulator. The digital simulator “Lean Manufacturing” has repeatedly been awarded prizes and diplomas at prestigious competitions in Russia and abroad, and is highly appreciated at the state level.

    In February 2024, the New Industrial Challenge simulators for team competitions and Lean Manufacturing were successfully tested at the Archipelago-2024 project-educational intensive course in Sakhalin. In August of this year, the Polytechnicians will present their developments at Archipelago-2025 in Moscow.

    Leading specialist of the project support department of the Directorate of the Center of the National Technological Initiative “New Production Technologies” Maria Rodionova received an award for her work on the project “Smart Factory: New Standards for Industry 4.0”. The project developed standards in the field of smart production, laying the foundation for the digital transformation of industry. The standards define the key principles of building a smart factory, ensuring technological unification, reducing operating costs and creating an ecosystem for the Industrial Internet of Things (IIoT).

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Europe: Quantum computers are coming, and the Netherlands is ready

    Source: Government of the Netherlands

    News item | 17-07-2025 | 14:49

    Whenever you share sensitive information, caution is essential. Strong passwords and two-step verification offer protection. But what if a new technology could soon render that security ineffective? That’s exactly what quantum computers are capable of. Fortunately, the Netherlands is a leader in this field, as we demonstrated in the run-up to the NATO Summit.

    Image: ©TU Delft
    Part of a facility used to create qubits.

    Quantum computers explained

    So what exactly does this technology involve? Quantum computers operate differently from the computers we know today. Instead of bits that are either 0 or 1, they use qubits that can be both 0 and 1 at the same time. That may sound abstract, but it has far-reaching implications. Quantum computers can solve certain mathematical problems much faster than traditional computers. And it just so happens that complex mathematics forms the basis of almost all current forms of encryption – the secure way to protect information.

    Threat

    The biggest threat is that in a short time quantum computers will be able to crack existing security methods such as RSA (an algorithm developed in 1977 by Ron Rivest, Adi Shamir and Len Adleman), which is widely used in internet security, email encryption and digital signatures. What would take an ordinary computer millions of years could take a powerful quantum computer just minutes. This means that information encrypted today could potentially be accessed in the future. A dangerous scenario is ‘store now, decrypt later’, where malicious actors intercept encrypted data now, such as state secrets, medical records or financial information. Although they cannot read this data today, they store these files in anticipation of quantum technology that can break the encryption. No wonder the European Commission has emphasised in its roadmap that the digital future must be quantum-safe.

    Solution

    Post-quantum cryptography offers a solution. This is cryptography based on mathematical problems that are believed to be unbreakable even by a quantum computer. Dutch central government’s Quantum-Secure Cryptography programme is working on tools to manage the risks quantum technology poses to cryptography in a timely manner. When it comes to information and communication security, the Dutch quantum technology ecosystem also offers an additional measure: quantum key distribution. This method enables two parties to share secret cryptographic keys with each other, and any attempt to eavesdrop immediately triggers an alert. As a result, the sender and receiver instantly notice if someone is trying to spy and can break the connection. The key cannot be intercepted or copied unnoticed, something that is possible with traditional cryptographic keys.

    Netherlands sets the tone at pre-NATO Summit event

    To keep the Ministry of Foreign Affairs and the Ministry of Justice and Security safe in the quantum era, a pilot project has been launched to experiment with the complementary use of quantum key distribution.

    It involves a trial set-up of a quantum network, which has been used to investigate a number of cases for the Ministry of Foreign Affairs, enabling the method to be tested in an isolated environment. The significance of this became clear during the pre-NATO Summit event ‘Securing the Future.’ Here, the ministries gave a presentation with a live demonstration showing that the Dutch government now has an operational quantum network, and demonstrating how quantum key distribution and post-quantum cryptography work in a complementary way. This made quantum-secure communication tangible and showed that it is no longer just a future prospect but is already working in practice.

    The pilot is a joint initiative of several ministries, including the Ministry of Justice and Security and the Ministry of Foreign Affairs, in partnership with Quantum Delta NL, Q*Bird, RINIS, Sogeti, the Ministry of Justice and Security’s ICT organisation and Eurofiber.

    International quantum computing

    The European Commission has presented its roadmap for a quantum-safe digital future. The Netherlands is ready to lead by example, by investing in strengthening cryptographic resilience through research and testing in quantum technology, and fostering close collaboration between government organisations, academia and businesses. Together, we are building a digital infrastructure that will remain secure for generations to come.

    Urgency

    The urgency is clear: once quantum computers truly breakthrough in a few years, all government networks and systems must be quantum-secure. This means switching to post-quantum cryptography – encryption that can withstand attacks from quantum computers. It also requires targeted investment in quantum technologies like quantum key distribution and careful choices about what data we should already be protecting against future decryption. Because what appears secure today could be out in the open and up for grabs tomorrow.

    MIL OSI Europe News –

  • MIL-OSI Security: Kansas man Indicted on Drug Trafficking and Firearms Charges

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    KANSAS CITY, KAN.– A federal grand jury in Kansas City, Kansas, returned an indictment charging a Kansas man on drug trafficking and illegal firearms offenses.

    According to court documents, Marquis V. Bridgeman, 26, of Kansas City, Kansas, is charged with two counts of felon in possession of a firearm, one count of possession of a machinegun, one count of possession with intent to distribute 40 grams or more of fentanyl, one count of possession with intent to distribute cocaine, and one count of possession of a firearm in furtherance of a drug trafficking crime. 

    The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) and the Kansas Highway Patrol are investigating the case.

    Assistant U.S. Attorney David Zabel is prosecuting the case.

    This case is part of Operation Take Back America (https://www.justice.gov/dag/media/1393746/dl?inline) 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 (TCOs), 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 (OCDETFs) and Project Safe Neighborhood (PSN).

    OTHER INDICTMENTS

    Jaylen Stallworth, 24, of Wylie, Texas, was indicted on one count of possession of a firearm by a convicted felon. The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) is investigating the case. Assistant U.S. Attorney Jabari Wamble is prosecuting the case.
     

    An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
    ###
     

    MIL Security OSI –

  • MIL-OSI: OTC Markets Group Welcomes Freelancer Limited to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Freelancer Limited (ASX: FLN; OTCQX: FRLCY), the world’s largest freelancing and crowdsourcing marketplace by number of users and projects, has qualified to trade on the OTCQX® Best Market. Freelancer Limited upgraded to OTCQX from the Pink® market.

    Freelancer Limited begins trading its ADR today on OTCQX under the symbol “FRLCY.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    About Freelancer Limited
    Thirteen-time Webby award-winning Freelancer is the world’s largest freelancing and crowdsourcing marketplace by total number of users and projects posted. More than 80 million registered users have posted over 25 million projects and contests to date in over 3,000 areas as diverse as website development, logo design, marketing, copywriting, astrophysics, aerospace engineering and manufacturing. Freelancer owns Escrow.com, the leading provider of secure online payments and online transaction management for consumers and businesses on the Internet with over US$8 billion in transactions secured. Freelancer also owns Loadshift, Australia’s largest heavy haulage freight marketplace with over 800 million kilometres of freight posted since inception. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN and is quoted on OTCQX Market under the ticker FRLCY.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™️ Basic Market and Pink Limited Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit
    www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI Economics: Samsung in Partnership with Ocule IT Utilise Enterprise Development Bootcamp to Drive Economic Growth & Job Creation

    Source: Samsung

    Samsung is delivering the second phase of the Enterprise Development Bootcamp, while its partner Ocule IT is participating for the first time – providing support and expertise as part of this initiative. This transformative programme designed to prepare small and medium-sized enterprise (SME) participants for investment funding, with the ultimate aim of driving economic growth and job creation.
     
    This Bootcamp which was piloted last year is a critical component of Samsung’s R280-million worth Equity Equivalent Investment Programme (EEIP) and aims to equip entrepreneurs with the essential skills and knowledge needed to meet investor requirements and effectively approach the market. It is designed for aspiring entrepreneurs with experience in the Information and Communication Technology (ICT) field with innovative ideas and, this also includes start-ups and established enterprises aiming to scale or overcome challenges.
     
    This bootcamp is an intensive training programme and focuses on areas that include business management, financial planning and pitching to investors; designed to empower young entrepreneurs, particularly those from underserved communities, with skills and knowledge to launch and grow their businesses. Sponsored by Samsung, this EEIP transformative initiative is prioritising alumni’s from the Ocule IT Electronics Technician/Artisan programme.
     
    This programme is part of Samsung’s broader commitment to foster SME development and digital skills development in South Africa – leveraging local talent and expertise. Importantly, it is closely aligned with the National Development Plan (NDP) and black economic empowerment goals that are designed to transform the country’s economy by empowering Black South Africans – fostering a more equitable and inclusive society.
     
    Sanele Gcumisa, Managing Member of Ocule IT explained: “The launch of this Ocule IT and Samsung Enterprise Development initiative aims to empower entrepreneurs for investment readiness. This structured support seeks to ensure that participants are fully prepared to secure the needed funding to grow their businesses. This initiative underscores Ocule IT and Samsung’s commitment to foster entrepreneurship and drive economic growth by empowering businesses with business tools to become investor-ready.”
     
    This bootcamp focuses on fostering a dynamic and collaborative environment – empowering a diverse range of participants who already have a foundation in the electronics sector, while also enhancing the programme’s relevance and effectiveness. The programme provides training in areas that are relevant to starting and scaling a business, such as business planning, marketing and financial management.
     
    In particular, the structure of the Bootcamp involves a week-long intensive training session with masterclasses and opportunities to pitch business ideas for seed funding. The programme features a comprehensive five-day boot camp which took place the week of 07 – 11 July 2025 and will now be followed by a four-month incubation process that involves intensive mentoring.
     

     
    During this period, participants will work on creating a professional data room – a critical tool that potential funders and investors use to evaluate businesses. Also, this programme will provide a direct financial contribution of R500,000 to support participants in their entrepreneurial journey and take their businesses to the next level.
     
    A highlight of the initiative is the Pitch and Polish session, scheduled for the end of October 2025, where nine out of fifteen participants will have the opportunity to win cash prizes. These top performers are then divided into three categories, each comprising an average of five participants. The top three winners in the various tiers will be selected from each category, resulting in a total of nine winners. Following the Pitch and Polish session, the nine winners will undergo three months of monitoring as they submit their business plans and financials to potential funders and investors.
     
    Nicky Beukes, Samsung South Africa EEIP Project Manager said: “For us at Samsung, this programme’s impact goes beyond mere investment – it is there to offer financial support to Electronics Technician Programme alumni as well as innovative ideas to start a business and those who already have established enterprises but require additional assistance. The Bootcamp offers a comprehensive programme designed to nurture the entrepreneurial spirit of alumni and this, allows participants to gain access to seed funding, mentorship and business development workshops.”
     
    This holistic approach ensures that participants are equipped not only with financial resources but also with the strategic insights and practical skills necessary to succeed in the competitive electronics industry. With this programme, Samsung is able to provide successful entrepreneurs with access to its supply chain, potentially creating further business opportunities.
     
    Gcumisa added: “Because effective public, private partnerships (PPPs) are crucial to both our company and Samsung, we are also in the process of engaging with the KwaZulu-Natal Growth fund and Sefda including other business partners. Also, the plan is to have additional partners presenting in October closer to the Pitch and Polish stage to give final advice. All such activities will occur in the last quarter; however, the final details will be shared in due course. For now, the focus is to ensure that learners are presented with material that they can use to prepare for the Pitch and Polish.”
     
    This valuable initiative aligns with Samsung’s commitment to fostering entrepreneurship, skills development and positive social impact in the country. In essence, the Samsung EEIP ED Bootcamp provides a platform for ICT entrepreneurs to gain the skills, knowledge and support they need to thrive and contribute to the South African economy.
     
    Beukes concluded: “Our commitment to sustainable development in collaboration with Ocule IT ensures that the initiative contributes to long-term positive impacts on the local community. By empowering young entrepreneurs, the programme contributes to local economic participation and creates a more inclusive and innovative society.”

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung in Partnership with Ocule IT Utilise Enterprise Development Bootcamp to Drive Economic Growth & Job Creation

    Source: Samsung

    Samsung is delivering the second phase of the Enterprise Development Bootcamp, while its partner Ocule IT is participating for the first time – providing support and expertise as part of this initiative. This transformative programme designed to prepare small and medium-sized enterprise (SME) participants for investment funding, with the ultimate aim of driving economic growth and job creation.
     
    This Bootcamp which was piloted last year is a critical component of Samsung’s R280-million worth Equity Equivalent Investment Programme (EEIP) and aims to equip entrepreneurs with the essential skills and knowledge needed to meet investor requirements and effectively approach the market. It is designed for aspiring entrepreneurs with experience in the Information and Communication Technology (ICT) field with innovative ideas and, this also includes start-ups and established enterprises aiming to scale or overcome challenges.
     
    This bootcamp is an intensive training programme and focuses on areas that include business management, financial planning and pitching to investors; designed to empower young entrepreneurs, particularly those from underserved communities, with skills and knowledge to launch and grow their businesses. Sponsored by Samsung, this EEIP transformative initiative is prioritising alumni’s from the Ocule IT Electronics Technician/Artisan programme.
     
    This programme is part of Samsung’s broader commitment to foster SME development and digital skills development in South Africa – leveraging local talent and expertise. Importantly, it is closely aligned with the National Development Plan (NDP) and black economic empowerment goals that are designed to transform the country’s economy by empowering Black South Africans – fostering a more equitable and inclusive society.
     
    Sanele Gcumisa, Managing Member of Ocule IT explained: “The launch of this Ocule IT and Samsung Enterprise Development initiative aims to empower entrepreneurs for investment readiness. This structured support seeks to ensure that participants are fully prepared to secure the needed funding to grow their businesses. This initiative underscores Ocule IT and Samsung’s commitment to foster entrepreneurship and drive economic growth by empowering businesses with business tools to become investor-ready.”
     
    This bootcamp focuses on fostering a dynamic and collaborative environment – empowering a diverse range of participants who already have a foundation in the electronics sector, while also enhancing the programme’s relevance and effectiveness. The programme provides training in areas that are relevant to starting and scaling a business, such as business planning, marketing and financial management.
     
    In particular, the structure of the Bootcamp involves a week-long intensive training session with masterclasses and opportunities to pitch business ideas for seed funding. The programme features a comprehensive five-day boot camp which took place the week of 07 – 11 July 2025 and will now be followed by a four-month incubation process that involves intensive mentoring.
     

     
    During this period, participants will work on creating a professional data room – a critical tool that potential funders and investors use to evaluate businesses. Also, this programme will provide a direct financial contribution of R500,000 to support participants in their entrepreneurial journey and take their businesses to the next level.
     
    A highlight of the initiative is the Pitch and Polish session, scheduled for the end of October 2025, where nine out of fifteen participants will have the opportunity to win cash prizes. These top performers are then divided into three categories, each comprising an average of five participants. The top three winners in the various tiers will be selected from each category, resulting in a total of nine winners. Following the Pitch and Polish session, the nine winners will undergo three months of monitoring as they submit their business plans and financials to potential funders and investors.
     
    Nicky Beukes, Samsung South Africa EEIP Project Manager said: “For us at Samsung, this programme’s impact goes beyond mere investment – it is there to offer financial support to Electronics Technician Programme alumni as well as innovative ideas to start a business and those who already have established enterprises but require additional assistance. The Bootcamp offers a comprehensive programme designed to nurture the entrepreneurial spirit of alumni and this, allows participants to gain access to seed funding, mentorship and business development workshops.”
     
    This holistic approach ensures that participants are equipped not only with financial resources but also with the strategic insights and practical skills necessary to succeed in the competitive electronics industry. With this programme, Samsung is able to provide successful entrepreneurs with access to its supply chain, potentially creating further business opportunities.
     
    Gcumisa added: “Because effective public, private partnerships (PPPs) are crucial to both our company and Samsung, we are also in the process of engaging with the KwaZulu-Natal Growth fund and Sefda including other business partners. Also, the plan is to have additional partners presenting in October closer to the Pitch and Polish stage to give final advice. All such activities will occur in the last quarter; however, the final details will be shared in due course. For now, the focus is to ensure that learners are presented with material that they can use to prepare for the Pitch and Polish.”
     
    This valuable initiative aligns with Samsung’s commitment to fostering entrepreneurship, skills development and positive social impact in the country. In essence, the Samsung EEIP ED Bootcamp provides a platform for ICT entrepreneurs to gain the skills, knowledge and support they need to thrive and contribute to the South African economy.
     
    Beukes concluded: “Our commitment to sustainable development in collaboration with Ocule IT ensures that the initiative contributes to long-term positive impacts on the local community. By empowering young entrepreneurs, the programme contributes to local economic participation and creates a more inclusive and innovative society.”

    MIL OSI Economics –

  • MIL-OSI: GL Supports Drive Testing of Voice Quality and Network Performance

    Source: GlobeNewswire (MIL-OSI)

    GAITHERSBURG, Md., July 17, 2025 (GLOBE NEWSWIRE) — GL Communications Inc., a global leader in telecom testing solutions, addressed the press regarding their Drive Testing for Voice Quality and Network Performance solution, designed to empower service providers, regulators, and device manufacturers to accurately assess wireless network quality across 5G, 4G, and 3G technologies.

    [For illustration, refer to drive-and-walk-testing-for-vqt.jpg]

    As mobile networks grow, real-world testing is essential to identify issues such as weak coverage, dropped calls, and slow data speeds. Drive testing captures performance data while moving through various environments, enabling operators to pinpoint problem areas, accelerate resolution, and enhance user experience.

    Robert Bichefsky, Director of Engineering at GL Communications Inc., highlighted the tool’s capabilities, stating, “GL’s Drive Testing for Voice Quality and Network Performance solution is powered by the ultra-portable vMobile™ device—a lightweight, handheld unit designed for both drive and walk testing. The system supports scalable, multi-device testing, connecting to two mobile phones via Bluetooth or a mobile radio via an analog Push-to-Talk interface. Through automated scripting, the vMobile™ can place, receive, and end calls while recording audio for detailed voice quality analysis.”

    One of the key features of the vMobile™ is its embedded Wi-Fi and Bluetooth connectivity, which facilitates remote control and real-time streaming of test results to a centralized system. This eliminates the need for manual data collection and enables field engineers to monitor test progress and results live. The device also integrates GPS for precise location stamping of all test events, ensuring that network performance data can be accurately mapped.

    [For more information, refer to Voice Quality Drive Test and Voice Quality Walk Test]

    For indoor environments where GPS signals may be weak or unavailable, GL’s Indoor Tracking System (ITS) provides an effective alternative, maintaining location accuracy during walk tests inside buildings or underground facilities.

    [For more information, refer to Voice Quality Testing Inside Buildings]

    The vMobile™ solution offers flexible deployment—whether vehicle-mounted for drive testing, used in labs, or carried for walk testing. It captures collected data, including Voice Quality Metrics based on ITU-standard algorithms such as POLQA, PESQ, and DAQ, all transmitted to a centralized database. Along with the Mean Opinion Score, it records one-way and round-trip delays, signal and noise levels, audio dropout, frequency and power analysis, data throughput, success/failure/drop rates, network delays, and signal strength. The solution also includes API support for automated control of vMobile™ scripts.

    In addition to voice testing, the solution enables simultaneous data testing using GL’s NetTest app, which runs TCP and UDP speed tests in parallel with voice calls. This multi-dimensional approach delivers a comprehensive view of network performance under real-world conditions.

    GL’s WebViewer™ software visualizes test results using interactive Google Maps and graphical dashboards, helping operators and regulators identify coverage gaps, performance issues, and areas needing improvement. It offers centralized data management, including real-time monitoring, custom report generation, and automated email distribution. With cloud access and remote-control support, users can easily manage and analyze multiple test campaigns across locations. Results can be exported in PDF, Excel, or CSV formats and viewed through line/bar graphs and map-based pass/fail indicators.

    [For more information, refer to Web Dashboard Displaying Results]

    About GL Communications Inc.,

    GL Communications is a global provider of telecom test and measurement solutions. GL’s solutions verify the quality and reliability of Wireless, Fiber Optic, TDM and Analog networks.

    Warm Regards,

    Vikram Kulkarni, PhD

    Phone: 301-670-4784 x114

    Email: info@gl.com

    The MIL Network –

  • MIL-OSI: GL Supports Drive Testing of Voice Quality and Network Performance

    Source: GlobeNewswire (MIL-OSI)

    GAITHERSBURG, Md., July 17, 2025 (GLOBE NEWSWIRE) — GL Communications Inc., a global leader in telecom testing solutions, addressed the press regarding their Drive Testing for Voice Quality and Network Performance solution, designed to empower service providers, regulators, and device manufacturers to accurately assess wireless network quality across 5G, 4G, and 3G technologies.

    [For illustration, refer to drive-and-walk-testing-for-vqt.jpg]

    As mobile networks grow, real-world testing is essential to identify issues such as weak coverage, dropped calls, and slow data speeds. Drive testing captures performance data while moving through various environments, enabling operators to pinpoint problem areas, accelerate resolution, and enhance user experience.

    Robert Bichefsky, Director of Engineering at GL Communications Inc., highlighted the tool’s capabilities, stating, “GL’s Drive Testing for Voice Quality and Network Performance solution is powered by the ultra-portable vMobile™ device—a lightweight, handheld unit designed for both drive and walk testing. The system supports scalable, multi-device testing, connecting to two mobile phones via Bluetooth or a mobile radio via an analog Push-to-Talk interface. Through automated scripting, the vMobile™ can place, receive, and end calls while recording audio for detailed voice quality analysis.”

    One of the key features of the vMobile™ is its embedded Wi-Fi and Bluetooth connectivity, which facilitates remote control and real-time streaming of test results to a centralized system. This eliminates the need for manual data collection and enables field engineers to monitor test progress and results live. The device also integrates GPS for precise location stamping of all test events, ensuring that network performance data can be accurately mapped.

    [For more information, refer to Voice Quality Drive Test and Voice Quality Walk Test]

    For indoor environments where GPS signals may be weak or unavailable, GL’s Indoor Tracking System (ITS) provides an effective alternative, maintaining location accuracy during walk tests inside buildings or underground facilities.

    [For more information, refer to Voice Quality Testing Inside Buildings]

    The vMobile™ solution offers flexible deployment—whether vehicle-mounted for drive testing, used in labs, or carried for walk testing. It captures collected data, including Voice Quality Metrics based on ITU-standard algorithms such as POLQA, PESQ, and DAQ, all transmitted to a centralized database. Along with the Mean Opinion Score, it records one-way and round-trip delays, signal and noise levels, audio dropout, frequency and power analysis, data throughput, success/failure/drop rates, network delays, and signal strength. The solution also includes API support for automated control of vMobile™ scripts.

    In addition to voice testing, the solution enables simultaneous data testing using GL’s NetTest app, which runs TCP and UDP speed tests in parallel with voice calls. This multi-dimensional approach delivers a comprehensive view of network performance under real-world conditions.

    GL’s WebViewer™ software visualizes test results using interactive Google Maps and graphical dashboards, helping operators and regulators identify coverage gaps, performance issues, and areas needing improvement. It offers centralized data management, including real-time monitoring, custom report generation, and automated email distribution. With cloud access and remote-control support, users can easily manage and analyze multiple test campaigns across locations. Results can be exported in PDF, Excel, or CSV formats and viewed through line/bar graphs and map-based pass/fail indicators.

    [For more information, refer to Web Dashboard Displaying Results]

    About GL Communications Inc.,

    GL Communications is a global provider of telecom test and measurement solutions. GL’s solutions verify the quality and reliability of Wireless, Fiber Optic, TDM and Analog networks.

    Warm Regards,

    Vikram Kulkarni, PhD

    Phone: 301-670-4784 x114

    Email: info@gl.com

    The MIL Network –

  • MIL-OSI: Valour Enters Swiss Market with HBAR and ICP Staking ETP Listings on SIX Swiss Exchange

    Source: GlobeNewswire (MIL-OSI)

    • Valour Launches First Products on SIX Swiss Exchange: Valour has officially entered the Swiss market with the listing of two staking ETPs—1Valour Hedera (HBAR) and 1Valour Internet Computer (ICP)—on the SIX Swiss Exchange.
    • Access to Native Yield Through Regulated ETPs: Both products offer secure, transparent, and regulated exposure to HBAR and ICP, while integrating native staking rewards directly into their structure.
    • Accelerating Toward 100 ETPs in Europe: With this launch, Valour now offers over 75 ETPs across Europe and continues to expand its footprint in line with its goal of reaching 100 ETPs by the end of 2025.

    TORONTO, July 17, 2025 (GLOBE NEWSWIRE) — DeFi Technologies (the “Company” or “DeFi Technologies”) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, “Valour“), a leading issuer of exchange traded products (“ETPs“) has successfully listed two digital asset ETPs on the SIX Swiss Exchange—marking its inaugural product launch in Switzerland.

    The newly listed products are:

    • 1Valour Hedera (HBAR) Physical Staking (ISIN: GB00BRC6JM96)
    • 1Valour Internet Computer (ICP) Physical Staking (ISIN: GB00BS2BDN04)

    These cross-listed ETPs are already trading on other major European exchanges and will now be accessible to Swiss investors through their existing brokerage accounts. With competitive management fees and integrated staking rewards, both products provide secure, transparent, and regulated access to digital assets while enabling investors to benefit from native protocol yields.

    About the Listed Products

    1Valour Hedera (HBAR) Physical Staking
    HBAR is the native token of the Hedera network, a high-throughput, proof-of-stake public ledger designed for enterprise-grade applications. This ETP offers investors exposure to HBAR while capturing staking rewards—distributed directly to the product and reflected in its net asset value—without requiring users to manage wallets or custodianship themselves.

    1Valour Internet Computer (ICP) Physical Staking ICP powers the Internet Computer, a decentralized network that enables secure, scalable smart contract execution and web-speed blockchain functionality. This ETP provides passive exposure to ICP while generating staking yield, enabling investors to participate in the network’s native economics via a traditional financial instrument.

    Executive Commentary

    Johanna Belitz, Head of Nordics and DACH at Valour, commented:
    “Launching on SIX is a major milestone in our mission to democratize access to digital assets. Switzerland is one of the most forward-looking markets for regulated crypto products, and we’re proud to offer investors here access to yield-bearing protocols like HBAR and ICP in a simple and compliant format.”

    Elaine Buehler, Head of Products at Valour, added:
    “Our debut on the SIX Swiss Exchange reflects growing institutional and retail appetite for digital asset products that generate yield. These ETPs not only give investors exposure to two high-quality blockchain ecosystems—they do so through structures designed for security, simplicity, and accessibility.”

    With the addition of these products on SIX, Valour continues to expand its footprint across Europe, now offering over 75 ETPs on exchanges including Spotlight (Sweden), Börse Frankfurt (Germany), Euronext (Paris and Amsterdam), and now SIX (Switzerland). The Company remains on track to reach its goal of 100 ETPs by year-end 2025.

    About DeFi Technologies
    DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”). As the first Nasdaq-listed digital asset manager of its kind, DeFi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over sixty-five of the world’s most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and DeFi Alpha, the company’s internal arbitrage and trading business line. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the institutional gateway to the future of finance. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/  

    DeFi Technologies Subsidiaries

    About Valour
    Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit valour.com.

    About Reflexivity Research
    Reflexivity Research LLC is a leading research firm specializing in the creation of high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights. For more information please visit https://www.reflexivityresearch.com/

    About Stillman Digital
    Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit https://www.stillmandigital.com

    About Neuronomics AG
    Neuronomics AG is a Swiss asset management firm specializing in AI-powered quantitative trading strategies. By integrating artificial intelligence, computational neuroscience and quantitative finance, Neuronomics delivers cutting-edge solutions that drive superior risk-adjusted performance in financial markets. For more information please visit https://www.neuronomics.com/

    Cautionary note regarding forward-looking information:
    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of 1Valour Hedera (HBAR) Physical Staking ETP, 1Valour Internet Computer (ICP) Physical Staking ETP; the development of the Internet Computer protocol, Hedera blockchain; development of additional ETPs and the number of ETPs anticipated by end of 2025; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    For further information, please contact:

    Olivier Roussy Newton
    Chief Executive Officer
    ir@defi.tech
    (323) 537-7681

    The MIL Network –

  • MIL-OSI: Bitget Joins Ondo’s Global Markets Alliance to Expand Global Access to Over Hundred Tokenized RWAs

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has officially joined the Global Markets Alliance, a collaborative initiative designed to align industry standards and promote interoperability for tokenized securities by Ondo Finance. This alliance brings together top players across the digital asset ecosystem to accelerate the adoption and accessibility of tokenized real-world assets (RWAs), including tokenized stocks, ETFs, and more.

    As part of this partnership, Bitget users will soon be able to access over 100 tokenized U.S. equities, ETFs, and money market funds, expanding their investment universe beyond traditional crypto assets. The new offerings will go live on Bitget later this summer, aligning with the platform’s vision of enabling users to trade smarter and build diversified, resilient portfolios across varied markets.

    Tokenized RWAs are an emerging segment in digital assets, created by the fusion of traditional finance and blockchain technology. By wrapping real-world assets, like equities, into blockchain-based tokens, they allow for 24/7 trading, lower barriers to entry, fractional ownership, and global accessibility. Features that are often limited or entirely unavailable in traditional financial systems are widely utilized.

    “Tokenization will be the major driver of the next phase of digital asset adoption, its market is projected to reach trillions of dollars in the coming years. Supporting tokenized stocks is a step closer to our goal to help users trade smarter,” said Gracy Chen, CEO at Bitget. “Through our partnership with Ondo and the Global Markets Alliance, we’re contributing to a more global, liquid, accessible, and inclusive financial market.”

    Ondo’s Global Markets Alliance was created to bring together trusted infrastructure partners, exchanges, custodians, and DeFi platforms to unlock borderless access to high-quality financial products. Its mission is to build a more open, inclusive, and interoperable financial system powered by tokenized assets. Founding members of the alliance include industry leaders such as Solana Foundation, LayerZero, Jupiter, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, Alpaca, and now Bitget, among others.

    “Bringing Ondo’s tokenized stocks and ETFs to Bitget will represent a significant step forward in our mission to make global financial markets accessible onchain. Bitget’s expansive user base will become a critical platform for onchain access to US equities as we continue building the infrastructure for institutional-grade onchain capital markets.” — Nathan Allman, CEO & Founder, Ondo Finance

    With over 700 tokens listed and daily trading volume surpassing 3.5 billion USDT, Bitget ranks as the third-largest spot exchange globally according to CoinGecko. The addition of tokenized stocks and ETFs enable Bitget as an extensive ecosystem of crypto products, helping users navigate both digital and traditional assets.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae0898b9-37f8-4bb9-be24-7ad71464ce89

    The MIL Network –

  • MIL-OSI Submissions: Australia – From 4 trades to 40,000: How 30 years of CommSec has shaped Aussie investing – CBA

    Source: Commonwealth Bank of Australia (CBA)

    CommSec reflects on its 30-year journey and the future of investing.

    When CommSec launched on 17 July 1995, just four trades were placed via telephone and fax, at $75 each. Investing was slow and largely reserved for the few who had the time, knowledge, and access.

    But that day marked the beginning of a shift that would help reshape how Australians engage with financial markets. Fast forward to today, and investors can trade on the bus to work with the tap of their phone.

    “Many younger investors would find it hard to imagine what it was like buying and selling shares 30 years ago. Back in the early ‘90s, investing wasn’t exactly easy. Picture having to put in a call to a stockbroker, sometimes even fax orders, fill out reams of paperwork, and then wait for what felt like weeks for your share certificate to arrive,” said CommSec’s Executive General Manger James Fowle.

    “In 2025, that same process now takes a matter of seconds and you can do it straight from your mobile.”

    https://youtu.be/AforSgYeUQA?si=k1ocLNyupyitvbCr

    CommSec’s vision 30 years ago was to make the stock market easy, accessible and affordable.

    Three decades later, CommSec customers now execute around 40,000 trades daily, with the average value of shares bought and sold on the platform reaching $575 million each day. In the past 30 years, CommSec has completed nearly 160 million orders, worth more than $2.5 trillion – roughly the equivalent size of Australia’s economy.

    CommSec’s journey in many ways mirrors the broader evolution of investing in Australia, moving from the margins to the mainstream and becoming a core part of how Australians build wealth.

    Through a commitment to empower more Australians to grow their wealth, CommSec has helped transform how Aussies invest.

    “Over the past 30 years, CommSec has played a critical role in shaping the way Australians invest. Whether a first-time investor or seasoned portfolio builder, we’ve always pathed new ground to make investing more accessible to all Australians through innovation and education. Trust is key to who we are and I’m thankful to the millions of Australians who continue to trust us to grow their wealth,” said Fowle.

    The evolution of investing

    CommSec’s path to becoming Australia’s leading online broker has transpired largely due to the platform’s ability to meet the evolving needs of investors.

    In 1997, CommSec became the first Australian broker to launch a share trading website, paving the way for a digital trading future.

    By 2001, around 80 percent of CommSec’s trades were being placed online, mirroring a broader trend: Australians wanted more control, more transparency, and more speed when they invested.

    In 2008, CommSec launched Australia’s first iPhone trading app, making trading accessible to Aussies with a smartphone.  And in 2019, CommSec Pocket was launched – a low cost, simple investing app that aims to empower more Australians to start their investing journey.

    Fast forward to today, and nearly 50 per cent of trades are made via mobile.

    Over the years, market participation has also grown across demographics as government privatisations, the rise of self-managed super funds (SMSFs), the popularity of exchange traded funds (ETFs), and the increasing use of mobile apps have all contributed to a more engaged and informed investor base.

    Ten years ago, 20 per cent of CommSec’s customers were under 40 – today, that number has more than doubled to 43 per cent. Meanwhile, the percentage of female investors on CommSec has almost tripled in the past 5 years.

    “Markets have become more dynamic, and so have investors,” said Tom Piotrowski, CommSec’s long-time market analyst.

    “We’ve gone from a world where people waited for the morning paper to receive market news, to one where they’re trading on their phones during a lunch break. Now we’re pushing out a daily podcast and educating our customers on TikTok. That shift has been extraordinary to witness.”

    Not only that, CommSec has taken great strides in making investing more accessible through education. Initiatives like CommSec Learn offers tips to beginners, while the CommSec Invest podcast breaks down the fundamentals of investing. Also, bite sized content is delivered through channels like Instagram, YouTube and TikTok.

    A trusted partner through volatility

    From bull markets to the GFC, CommSec has supported customers through the uncertainty and volatility of the market.

    In CommSec’s 30-year history, the top 10 trading days have all occurred over the last 5 years.

    “Covid really changed the market – the number of first-time traders has more than doubled since February 2020,” said Fowle.

    “The introduction of tariffs by President Trump on April 2 rattled global financial markets, with the three-day drop in the S&P 500 being one of the worst market sell-offs since World War II, while the ASX witnessed its biggest one-day drop since 2020. In fact, April 7 was CommSec’s largest trading day in three years, with the team processing over $1.4 billion in trades.

    “What makes me proud is not just how we responded to the high and low moments like these; but how over three decades, CommSec has remained a trusted partner for Australians on their investment journey.”

    Looking forward to the future

    As technology continues to evolve at an ever-accelerating pace, CommSec is committed to remaining at the forefront of innovation to help more Aussies invest and grow their wealth.

    “The Australian stock market is poised for continued evolution, with technology playing a central role in shaping trading practices and investor engagement,” Fowle said.

    “I’m incredibly proud that CommSec, 30 years on, continues to make investing easy, accessible and affordable. As innovation continues to accelerate, we are well positioned to continue to harness new technologies to meet the evolving needs of our customers.”

    30 Years of CommSec by the Numbers

    Australian Markets Since 1995

    The ASX All Ordinaries Accumulation Index has risen 335%
    Average NSW house prices have increased by 751%
    CBA’s share price has grown from $9.34 (30/6/95) to $184.75 (30/6/25), a 1878% increase
    Wealth per capita has surged from $96,810 to $810,000

    CommSec Firsts

    July 1995: First direct broker
    1997: First free live share price quotes
    November 2003: First retail Stop Loss order
    July 2008: First Financial Services iPhone App

    Average number of trades

    Four trades on day 1
    10,000 trades per day by 2002
    40,000 /$575m per day by 2025

    Method of Trading

    Telephone and Fax only on launch 31 July 1995 ($75 per trade)
    Internet access was offered in October 1996, providing information only. Trading started March 1997. 80% of trades made online by 2001

    Top trading days

    2020 and 2021 dominate the top five biggest trading days showing the impacts of COVID.
    The sixth biggest trading day was on 7 April 2025, following the announcement of U.S. tariffs.
     

    Stocks over time

    Top 5 stocks: 25 June 1995

    1. BHP
    2. News Corp
    3. NAB
    4. CRA
    5. WBC  

    Top 5 Stocks: 26 June 2025  

    1. CBA
    2. BHP
    3. Rio Tinto
    4. NAB
    5. CSL

    CommSec customers

    Percentage of customers under 40:

    Now: 39.80%
    5 years ago: 25.57%
    10 years ago: 20.19%
    30 years ago: 26.42%

    Percentage of female customers with holdings:

    Now: 27.46%
    3 years ago: 12.62%
    5 years ago: 10.60%.

    MIL OSI – Submitted News –

  • MIL-OSI: GBank Financial Holdings Inc. Announces Second Quarter 2025 Quarterly Earnings Call Scheduled for Tuesday, July 29th, at 10:00 A.M., Pacific Time

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 16, 2025 (GLOBE NEWSWIRE) — GBank Financial Holdings Inc. (the “Company”) (Nasdaq: GBFH), the parent company for GBank (the “Bank”), today announced it plans to release its second quarter 2025 financial results after the market closes on Monday, July 28, 2025, and will host its quarterly earnings call on Tuesday, July 29, 2025, at 10:00 a.m., PST. Interested parties can participate remotely via Internet connectivity. There will be no physical location for attendance.

    Interested parties may join online, via the ZOOM app on their smartphones, or by telephone:

    • ZOOM Video Conference ID 826 3030 7240
    • Passcode: 549549

    Joining by ZOOM Video Conference:

    Log in on your computer at 
    https://us02web.zoom.us/j/82630307240?pwd=TU4yZXJqMEc2VGZoUm5rRTl0OVFxdz09
     or use the ZOOM app on your smartphone.

    Joining by Telephone

    Dial (408) 638-0968. The conference ID is 826 3030 7240. Passcode: 549549.

    About GBank Financial Holdings Inc.

    GBank Financial Holdings Inc. is a bank holding company headquartered in Las Vegas, Nevada and is listed on the Nasdaq Capital Market under the symbol “GBFH.” Our national payment and Gaming FinTech business lines serve gaming clients across the U.S. and feature the GBank Visa Signature® Card—a tailored product for the gaming and sports entertainment markets. The Bank is also a top national SBA lender, now operating across 40 states. Through our wholly owned bank subsidiary, GBank, we operate two full-service commercial branches in Las Vegas, Nevada to provide a broad range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in Nevada, California, Utah, and Arizona. Please visit www.gbankfinancialholdings.com for more information.

    Available Information

    The Company routinely posts important information for investors on its web site (under www.gbankfinancialholdings.com and, more specifically, under the News & Media tab at www.gbankfinancialholdings.com/press-releases). The Company intends to use its web site as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD (Fair Disclosure) promulgated by the U.S. Securities and Exchange Commission (the “SEC”). Accordingly, investors should monitor the Company’s web site, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.

    The information contained on, or that may be accessed through, the Company’s web site is not incorporated by reference into, and is not a part of, this document.

    For Further Information, Contact:

    GBank Financial Holdings Inc.
    T. Ryan Sullivan
    President and CEO
    702-851-4200
    rsullivan@g.bank

    Source: GBank Financial Holdings Inc.

    The MIL Network –

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 520

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL0

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 520
    NWS Storm Prediction Center Norman OK
    550 PM EDT Wed Jul 16 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Northern Indiana
    Southwest Lower Michigan
    Lake Michigan

    * Effective this Wednesday afternoon from 550 PM until Midnight
    EDT.

    * Primary threats include…
    Scattered damaging wind gusts to 65 mph possible

    SUMMARY…Thunderstorms currently affecting northeast Illinois will
    track eastward across the watch area through the early evening.
    Locally damaging wind gusts are the primary concern.

    The severe thunderstorm watch area is approximately along and 40
    statute miles east and west of a line from 60 miles south of South
    Bend IN to 35 miles north northwest of Kalamazoo MI. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU0).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 517…WW 518…WW 519…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1 inch. Extreme turbulence and surface wind gusts to 55 knots. A few
    cumulonimbi with maximum tops to 500. Mean storm motion vector
    25025.

    …Hart

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW0
    WW 520 SEVERE TSTM IN MI LM 162150Z – 170400Z
    AXIS..40 STATUTE MILES EAST AND WEST OF LINE..
    60S SBN/SOUTH BEND IN/ – 35NNW AZO/KALAMAZOO MI/
    ..AVIATION COORDS.. 35NM E/W /38ENE BVT – 15WSW GRR/
    HAIL SURFACE AND ALOFT..1 INCH. WIND GUSTS..55 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 25025.

    LAT…LON 40838709 42698660 42698503 40838555

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU0.

    Watch 520 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (

    MIL OSI USA News –

  • MIL-OSI Security: South Carolina Woman Sentenced for Sending Threats to Kill a Catskill Man

    Source: US FBI

    ALBANY, NEW YORK – Kristin Keeble, age 54, of Pageland, South Carolina, was sentenced yesterday to 5 months in jail, to be followed by 3 years of supervised release with 6 months of home detention, for transmitting a threat to injure another in interstate commerce.

    Acting United States Attorney John A. Sarcone III and Craig L. Tremaroli, Special Agent in Charge of the Albany Field Office of the Federal Bureau of Investigation (FBI), made the announcement.

    As part of her guilty plea, Keeble admitted that on October 26, 2023, she sent four threatening, profanity-laced and racially derogatory audio messages through Facebook Messenger to a man in Catskill, New York. Keeble threatened to kill the victim by hanging him, along with a woman the victim knew, and the woman’s children, from a tree. Keeble purported to be acting with members of the Ku Klux Klan. Keeble knew, from the victim’s Facebook profile photo, that the victim was Black.

    U.S. Attorney John A. Sarcone III stated: “No one should ever receive despicable, hateful threats like this. Those who threaten people over the Internet are going to be prosecuted and held accountable to the fullest extent of the law.”

    FBI Special Agent in Charge Craig L. Tremaroli stated: “No individual should live in fear because of someone’s intolerance and hatred. Threats of violence, especially borne from hate, will never be tolerated and the FBI remains committed to working with our law enforcement partners hold the perpetrators accountable for their disturbing actions and bring justice to the victims.”

    The FBI’s Joint Terrorism Task Force (JTTF) investigated the case. Assistant U.S. Attorney Alexander Wentworth-Ping prosecuted the case.

    MIL Security OSI –

  • MIL-OSI: Consistency, Strength & Earnings Power Remain the Story at HOMB

    Source: GlobeNewswire (MIL-OSI)

    CONWAY, Ark., July 16, 2025 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today.

    Quarterly Highlights
    Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024
    Net income $118.4 million $115.2 million $100.6 million $100.0 million $101.5 million
    Net income, as adjusted (non-GAAP)(1) $114.6 million $111.9 million $99.8 million $99.0 million $103.9 million
    Total revenue (net) $271.0 million $260.1 million $258.4 million $258.0 million $254.6 million
    Income before income taxes $152.0 million $147.2 million $129.5 million $129.1 million $133.4 million
    Pre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) $155.0 million $147.2 million $146.2 million $148.0 million $141.4 million
    PPNR, as adjusted (non-GAAP)(1) $150.4 million $142.8 million $145.2 million $146.6 million $141.9 million
    Pre-tax net income to total revenue (net) 56.08% 56.58% 50.11% 50.03% 52.40%
    Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP)(1) 54.39% 54.91% 49.74% 49.49% 52.59%
    P5NR (Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1) 57.19% 56.58% 56.57% 57.35% 55.54%
    P5NR, as adjusted (non-GAAP)(1) 55.49% 54.91% 56.20% 56.81% 55.73%
    ROA 2.08% 2.07% 1.77% 1.74% 1.79%
    ROA, as adjusted (non-GAAP)(1) 2.02% 2.01% 1.76% 1.72% 1.83%
    NIM 4.44% 4.44% 4.39% 4.28% 4.27%
    Purchase accounting accretion $1.2 million $1.4 million $1.6 million $1.9 million $1.9 million
    ROE 11.77% 11.75% 10.13% 10.23% 10.73%
    ROE, as adjusted (non-GAAP)(1) 11.39% 11.41% 10.05% 10.12% 10.98%
    ROTCE (non-GAAP)(1) 18.26% 18.39% 15.94% 16.26% 17.29%
    ROTCE, as adjusted (non-GAAP)(1) 17.68% 17.87% 15.82% 16.09% 17.69%
    Diluted earnings per share $0.60 $0.58 $0.51 $0.50 $0.51
    Diluted earnings per share, as adjusted (non-GAAP)(1) $0.58 $0.56 $0.50 $0.50 $0.52
    Non-performing assets to total assets 0.60% 0.56% 0.63% 0.63% 0.56%
    Common equity tier 1 capital 15.6% 15.4% 15.1% 14.7% 14.4%
    Leverage 13.4% 13.3% 13.0% 12.5% 12.3%
    Tier 1 capital 15.6% 15.4% 15.1% 14.7% 14.4%
    Total risk-based capital 19.3% 19.1% 18.7% 18.3% 18.0%
    Allowance for credit losses to total loans 1.86% 1.87% 1.87% 2.11% 2.00%
    Book value per share $20.71 $20.40 $19.92 $19.91 $19.30
    Tangible book value per share (non-GAAP)(1) $13.44 $13.15 $12.68 $12.67 $12.08
    Dividends per share $0.20 $0.195 $0.195 $0.195 $0.18
    Shareholder buyback yield(2) 0.49% 0.53% 0.05% 0.56% 0.67%

    (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.
    (2) Calculation of this metric is included in the schedules accompanying this release.

    “I am once again very pleased with our quarterly results. Diluted EPS of $0.60 and net income of $118.4 million are both records for HOMB. The ongoing, consistent performance from our bankers led to numerous other records being set in the second quarter, further highlighting that strength is no accident,” said John Allison, Chairman & CEO of HOMB.

    Stock Repurchases and Dividends

    During the three-month period ended June 30, 2025, the Company repurchased 1.0 million shares of common stock, which equated to a shareholder buyback yield of 0.49%(1). In comparison, during the three-month period ended March 31, 2025, the Company repurchased 1.0 million shares of common stock, which equated to a shareholder buyback yield of 0.53%(1). The Company defines shareholder buyback yield as the percentage of the Company’s market capitalization spent on share repurchases. It reflects how much the Company is returning to the shareholders by reducing the number of outstanding shares, and it is calculated by dividing the Company’s total share repurchase cost for the period by the Company’s total market capitalization at the beginning of the period.

    In addition, during the quarter ended June 30, 2025, the Company paid a dividend of $0.20 per share. This cash dividend represented a $0.005 per share, or 2.6%, increase over the $0.195 cash dividend paid during the first quarter of 2025.

    Operating Highlights

    Net income for the three-month period ended June 30, 2025 was $118.4 million, or $0.60 diluted earnings per share, both of which were records for the Company. When adjusting for non-fundamental items, net income and diluted earnings per share on an as-adjusted basis (non-GAAP), were $114.6 million(2) and $0.58 per share(2), respectively, for the three months ended June 30, 2025.

    Our net interest margin was 4.44% for both of the three-month periods ended June 30, 2025 and March 31, 2025. The yield on loans was 7.36% and 7.38% for the three months ended June 30, 2025 and March 31, 2025, respectively, as average loans increased from $14.89 billion to $15.06 billion. Additionally, the rate on interest bearing deposits decreased to 2.64% as of June 30, 2025, from 2.67% as of March 31, 2025, while average interest-bearing deposits increased from $13.20 billion to $13.43 billion.

    During the second quarter of 2025, there was $516,000 of event interest income compared to $1.3 million of event interest income for the first quarter of 2025. Purchase accounting accretion on acquired loans was $1.2 million and $1.4 million for the three-month periods ended June 30, 2025 and March 31, 2025, respectively, and average purchase accounting loan discounts were $16.2 million and $17.5 million for the three-month periods ended June 30, 2025 and March 31, 2025, respectively.

    Net interest income on a fully taxable equivalent basis was $222.5 million for the three-month period ended June 30, 2025, and $217.2 million for the three-month period ended March 31, 2025. This increase in net interest income for the three-month period ended June 30, 2025, was the result of a $6.6 million increase in interest income, partially offset by a $1.3 million increase in interest expense. The $6.6 million increase in interest income was primarily the result of a $5.3 million increase in loan income and a $2.3 million increase in income from deposits with other banks, partially offset by a $1.0 million decrease in investment income. The $1.3 million increase in interest expense was due to a $1.7 million increase in interest expense on deposits, partially offset by a $363,000 decrease in FHLB and other borrowed funds.

    The Company reported $51.1 million of non-interest income for the second quarter of 2025. The most important components of non-interest income were $13.5 million from other income, $12.6 million from other service charges and fees, $9.6 million from service charges on deposit accounts, $5.2 million from trust fees, $4.8 million in mortgage lending income, $2.7 million from dividends from FHLB, FRB, FNBB and other, $1.4 million from the increase in cash value of life insurance and $972,000 from the gain on sale of branches, equipment and other assets, net. Included within other income was $3.5 million in special income from equity investments and $885,000 in legal fee reimbursements.

    Non-interest expense for the second quarter of 2025 was $116.0 million. The most important components of non-interest expense were $64.3 million from salaries and employee benefits, $29.3 million in other operating expense, $14.0 million in occupancy and equipment expenses and $8.4 million in data processing expenses. Included within other expense was $3.3 million in legal claims expense, which was partially offset by a $1.5 million FDIC assessment reduction. For the second quarter of 2025, our efficiency ratio was 41.68%, and our efficiency ratio, as adjusted (non-GAAP), was 42.01%(2).

    Financial Condition

    Total loans receivable were $15.18 billion at June 30, 2025, compared to $14.95 billion at March 31, 2025. Total loans receivable of $15.18 billion were a record for the Company. Total deposits were $17.49 billion at June 30, 2025, compared to $17.54 billion at March 31, 2025. Total assets were $22.91 billion at June 30, 2025, compared to $22.99 billion at March 31, 2025.

    During the second quarter of 2025, the Company had a $228.5 million increase in loans. Our community banking footprint experienced $106.8 million in organic loan growth during the quarter ended June 30, 2025, and Centennial CFG experienced $121.7 million of organic loan growth and had loans of $1.83 billion at June 30, 2025.

    Non-performing loans to total loans were 0.63% and 0.60% at June 30, 2025 and March 31, 2025, respectively. Non-performing assets to total assets were 0.60% and 0.56% at June 30, 2025 and March 31, 2025, respectively. Net loans charged-off were $1.1 million for the three months ended June 30, 2025, and net loans recovered were $4.1 million for the three months ended March 31, 2025. The charge-off detail by region for the quarters ended June 30, 2025 and March 31, 2025 can be seen below.

    For the Three Months Ended June 30, 2025
    (in thousands)   Texas   Arkansas   Centennial CFG   Shore Premier Finance   Florida   Alabama   Total
    Charge-offs   $ 2,588     $ 462     $ 181   $ 582     $ 245     $ 13     $ 4,071  
    Recoveries     (2,172 )     (223 )     —     (22 )     (577 )     (2 )     (2,996 )
    Net charge-offs (recoveries)   $ 416     $ 239     $ 181   $ 560     $ (332 )   $ 11     $ 1,075  
    For the Three Months Ended March 31, 2025
    (in thousands)   Texas   Arkansas   Centennial CFG   Shore Premier Finance   Florida   Alabama   Total
    Charge-offs   $ 444     $ 474     $ —     $ 53     $ 2,479     $ 8     $ 3,458  
    Recoveries     (6,514 )     (228 )     (658 )     (3 )     (117 )     (2 )     (7,522 )
    Net (recoveries) charge-offs   $ (6,070 )   $ 246     $ (658 )   $ 50     $ 2,362     $ 6     $ (4,064 )

    At June 30, 2025, non-performing loans were $96.3 million, and non-performing assets were $137.8 million. At March 31, 2025, non-performing loans were $89.6 million, and non-performing assets were $129.4 million.

    The table below shows the non-performing loans and non-performing assets by region as June 30, 2025:

    (in thousands)   Texas   Arkansas   Centennial CFG   Shore Premier Finance   Florida   Alabama   Total
    Non-accrual loans   22,487   16,276   787   11,716   37,833   162   89,261
    Loans 90+ days past due   3,557   2,341   —   —   1,133   —   7,031
    Total non-performing loans   26,044   18,617   787   11,716   38,966   162   96,292
                                 
    Foreclosed assets held for sale   17,259   863   22,842   —   565   —   41,529
    Other non-performing assets   —   —   —   —   —   —   —
    Total other non-performing assets   17,259   863   22,842   —   565   —   41,529
    Total non-performing assets   43,303   19,480   23,629   11,716   39,531   162   137,821

    The table below shows the non-performing loans and non-performing assets by region as March 31, 2025:

    (in thousands)   Texas   Arkansas   Centennial CFG   Shore Premier Finance   Florida   Alabama   Total
    Non-accrual loans   23,694   15,214   2,766   5,444   39,108   157   86,383
    Loans 90+ days past due   3,264   —   —   —   —   —   3,264
    Total non-performing loans   26,958   15,214   2,766   5,444   39,108   157   89,647
                                 
    Foreclosed assets held for sale   15,357   1,052   22,820   —   451   —   39,680
    Other non-performing assets   63   —   —   —   —   —   63
    Total other non-performing assets   15,420   1,052   22,820   —   451   —   39,743
    Total non-performing assets   42,378   16,266   25,586   5,444   39,559   157   129,390

    The Company’s allowance for credit losses on loans was $281.9 million at June 30, 2025, or 1.86% of total loans, compared to the allowance for credit losses on loans of $279.9 million, or 1.87% of total loans, at March 31, 2025. As of June 30, 2025 and March 31, 2025, the Company’s allowance for credit losses on loans was 292.72% and 312.27% of its total non-performing loans, respectively.

    Stockholders’ equity was $4.09 billion at June 30, 2025, which increased approximately $42.8 million from March 31, 2025. The net increase in stockholders’ equity is primarily associated with the $78.9 million increase in retained earnings, which was partially offset by the $11.4 million increase in accumulated other comprehensive loss and the $27.5 million in stock repurchases for the quarter. Book value per common share was $20.71 at June 30, 2025, compared to $20.40 at March 31, 2025. Tangible book value per common share (non-GAAP) was $13.44(2) at June 30, 2025, compared to $13.15(2) at March 31, 2025. Book value per common share and tangible book value per common share, as of June 30, 2025, were both records for the Company.

    Branches

    The Company currently has 75 branches in Arkansas, 78 branches in Florida, 58 branches in Texas, 5 branches in Alabama and one branch in New York City.

    Conference Call

    Management will conduct a conference call to review this information at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, July 17, 2025. We strongly encourage all participants to pre-register for the conference call webcast or the live call using one of the following links. First, participants can pre-register for the conference call webcast using the following link: https://events.q4inc.com/attendee/133918928. Participants who pre-register will be given a unique webcast link to gain immediate access to the conference call webcast. Second, participants can pre-register for the live call using the following link: https://www.netroadshow.com/events/login?show=862a0326&confId=84106. Participants who pre-register will be given the phone number and unique access codes to gain immediate access to the live call. Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email. The Home BancShares conference call will also be scheduled as an event in your Outlook calendar.

    Those without internet access or unable to pre-register may dial in and listen to the live call by calling 1-833-470-1428, Passcode: 171523. A replay of the call will be available by calling 1-866-813-9403, Passcode: 539251, which will be available until July 24, 2025, at 11:59 p.m. CT. Internet access to the call will be available live or in recorded version on the Company’s website at www.homebancshares.com. 

    About Home BancShares

    Home BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, Texas, South Alabama and New York City. The Company’s common stock is traded through the New York Stock Exchange under the symbol “HOMB.” The Company was founded in 1998. Visit www.homebancshares.com or www.my100bank.com for more information.

    Non-GAAP Financial Measures

    This press release contains financial information determined by methods other than in accordance with generally accepted accounting principles (GAAP). The Company’s management uses these non-GAAP financial measures–including net income (earnings), as adjusted; pre-tax, pre-provision, net income (PPNR); PPNR, as adjusted; pre-tax net income, as adjusted, to total revenue (net); pre-tax, pre-provision, profit percentage; pre-tax, pre-provision, profit percentage, as adjusted; diluted earnings per common share, as adjusted; return on average assets, as adjusted; return on average assets excluding intangible amortization; return on average assets, as adjusted, excluding intangible amortization; return on average common equity, as adjusted; return on average tangible common equity; return on average tangible common equity, as adjusted; return on average tangible common equity excluding intangible amortization; return on average tangible common equity, as adjusted, excluding intangible amortization; efficiency ratio, as adjusted; tangible book value per common share and tangible common equity to tangible assets–to provide meaningful supplemental information regarding our performance. These measures typically adjust GAAP performance measures to include the tax benefit associated with revenue items that are tax-exempt, as well as adjust income available to common shareholders for certain significant items or transactions that management believes are not indicative of the Company’s primary business operating results. Since the presentation of these GAAP performance measures and their impact differ between companies, management believes presentations of these non-GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company’s business. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the tables of this release.

    (1) Calculation of this metric is included in the schedules accompanying this release.
    (2) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.

    General

    This release contains forward-looking statements regarding the Company’s plans, expectations, goals and outlook for the future, including future financial results. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future events, performance or results. When we use words or phrases like “may,” “plan,” “propose,” “contemplate,” “anticipate,” “believe,” “intend,” “continue,” “expect,” “project,” “predict,” “estimate,” “could,” “should,” “would” and similar expressions, you should consider them as identifying forward-looking statements, although we may use other phrasing. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risks and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements. These factors include, but are not limited to, the following: economic conditions, credit quality, interest rates, loan demand, real estate values and unemployment, including any future impacts from inflation or changes in tariffs or trade policies; the ability to identify, complete and successfully integrate new acquisitions; the risk that expected cost savings and other benefits from acquisitions may not be fully realized or may take longer to realize than expected; diversion of management time on acquisition-related issues; the availability of and access to capital and liquidity on terms acceptable to us; legislative and regulatory changes and risks and expenses associated with current and future legislation and regulations; technological changes and cybersecurity risks and incidents; the effects of changes in accounting policies and practices; changes in governmental monetary and fiscal policies; political instability, military conflicts and other major domestic or international events; the impacts of recent or future adverse weather events, including hurricanes, and other natural disasters; disruptions, uncertainties and related effects on credit quality, liquidity and other aspects of our business and operations that may result from any future public health crises; competition from other financial institutions; potential claims, expenses and other adverse effects related to current or future litigation, regulatory examinations or other government actions; potential increases in deposit insurance assessments, increased regulatory scrutiny or market disruptions resulting from financial challenges in the banking industry; changes in the assumptions used in making the forward-looking statements; and other factors described in reports we file with the Securities and Exchange Commission (the “SEC”), including those factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 27, 2025.

    FOR MORE INFORMATION CONTACT:
    Donna Townsell
    Director of Investor Relations
    Home BancShares, Inc.
    (501) 328-4625

     Home BancShares, Inc.
     Consolidated End of Period Balance Sheets
     (Unaudited)
                         
     (In thousands)   Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024
    ASSETS                    
                         
    Cash and due from banks   $ 291,344     $ 319,747     $ 281,063     $ 265,408     $ 229,209  
    Interest-bearing deposits with other banks     809,729       975,983       629,284       752,269       829,507  
    Cash and cash equivalents     1,101,073       1,295,730       910,347       1,017,677       1,058,716  
    Federal funds sold     2,600       6,275       3,725       6,425       —  
    Investment securities – available-for-sale, net of allowance for credit losses     2,899,968       3,003,320       3,072,639       3,270,620       3,344,539  
    Investment securities – held-to-maturity, net of allowance for credit losses     1,265,292       1,269,896       1,275,204       1,277,090       1,278,853  
    Total investment securities     4,165,260       4,273,216       4,347,843       4,547,710       4,623,392  
    Loans receivable     15,180,624       14,952,116       14,764,500       14,823,979       14,781,457  
    Allowance for credit losses     (281,869 )     (279,944 )     (275,880 )     (312,574 )     (295,856 )
    Loans receivable, net     14,898,755       14,672,172       14,488,620       14,511,405       14,485,601  
    Bank premises and equipment, net     379,729       384,843       386,322       388,776       383,691  
    Foreclosed assets held for sale     41,529       39,680       43,407       43,040       41,347  
    Cash value of life insurance     218,113       221,621       219,786       219,353       218,198  
    Accrued interest receivable     107,732       115,983       120,129       118,871       120,984  
    Deferred tax asset, net     174,323       170,120       186,697       176,629       195,041  
    Goodwill     1,398,253       1,398,253       1,398,253       1,398,253       1,398,253  
    Core deposit intangible     36,255       38,280       40,327       42,395       44,490  
    Other assets     383,400       376,030       345,292       352,583       350,192  
    Total assets   $ 22,907,022     $ 22,992,203     $ 22,490,748     $ 22,823,117     $ 22,919,905  
                         
    LIABILITIES AND STOCKHOLDERS’ EQUITY                    
    Liabilities                    
    Deposits:                    
    Demand and non-interest-bearing   $ 4,024,574     $ 4,079,289     $ 4,006,115     $ 3,937,168     $ 4,068,302  
    Savings and interest-bearing transaction accounts     11,571,949       11,586,106       11,347,850       10,966,426       11,150,516  
    Time deposits     1,891,909       1,876,096       1,792,332       1,802,116       1,736,985  
    Total deposits     17,488,432       17,541,491       17,146,297       16,705,710       16,955,803  
    Securities sold under agreements to repurchase     140,813       161,401       162,350       179,416       137,996  
    FHLB and other borrowed funds     550,500       600,500       600,750       1,300,750       1,301,050  
    Accrued interest payable and other liabilities     203,004       207,154       181,080       238,058       230,011  
    Subordinated debentures     438,957       439,102       439,246       439,394       439,542  
    Total liabilities     18,821,706       18,949,648       18,529,723       18,863,328       19,064,402  
                         
    Stockholders’ equity                    
    Common stock     1,972       1,982       1,989       1,989       1,997  
    Capital surplus     2,221,576       2,246,312       2,272,794       2,272,100       2,295,893  
    Retained earnings     2,097,712       2,018,801       1,942,350       1,880,562       1,819,412  
    Accumulated other comprehensive loss     (235,944 )     (224,540 )     (256,108 )     (194,862 )     (261,799 )
    Total stockholders’ equity     4,085,316       4,042,555       3,961,025       3,959,789       3,855,503  
    Total liabilities and stockholders’ equity   $ 22,907,022     $ 22,992,203     $ 22,490,748     $ 22,823,117     $ 22,919,905  
                         
     Home BancShares, Inc.
     Consolidated Statements of Income
     (Unaudited)
                                 
         Quarter Ended   Six Months Ended
    (In thousands)   Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024   Jun. 30, 2025   Jun. 30, 2024
     Interest income:                            
    Loans   $ 276,041     $ 270,784     $ 278,409     $ 281,977     $ 274,324     $ 546,825     $ 539,618  
    Investment securities                            
    Taxable     26,444       27,433       28,943       31,006       32,587       53,877       65,816  
    Tax-exempt     7,626       7,650       7,704       7,704       7,769       15,276       15,572  
    Deposits – other banks     8,951       6,620       7,585       12,096       12,564       15,571       23,092  
    Federal funds sold     53       55       73       62       59       108       120  
    Total interest income     319,115       312,542       322,714       332,845       327,303       631,657       644,218  
     Interest expense:                            
    Interest on deposits     88,489       86,786       90,564       97,785       95,741       175,275       188,289  
    Federal funds purchased     —       —       —       1       —       —       —  
    FHLB and other borrowed funds     5,539       5,902       9,541       14,383       14,255       11,441       28,531  
    Securities sold under agreements to repurchase     1,012       1,074       1,346       1,335       1,363       2,086       2,767  
    Subordinated debentures     4,123       4,124       4,121       4,121       4,122       8,247       8,219  
    Total interest expense     99,163       97,886       105,572       117,625       115,481       197,049       227,806  
     Net interest income     219,952       214,656       217,142       215,220       211,822       434,608       416,412  
    Provision for credit losses on loans     3,000       —       16,700       18,200       8,000       3,000       13,500  
    Provision for (recovery of) credit losses on unfunded commitments     —       —       —       1,000       —       —       (1,000 )
    Recovery of credit losses on investment securities     —       —       —       (330 )     —       —       —  
    Total credit loss expense     3,000       —       16,700       18,870       8,000       3,000       12,500  
     Net interest income after credit loss expense     216,952       214,656       200,442       196,350       203,822       431,608       403,912  
     Non-interest income:                            
    Service charges on deposit accounts     9,552       9,650       9,935       9,888       9,714       19,202       19,400  
    Other service charges and fees     12,643       10,689       11,651       10,490       10,679       23,332       20,868  
    Trust fees     5,234       4,760       4,526       4,403       4,722       9,994       9,788  
    Mortgage lending income     4,780       3,599       3,518       4,437       4,276       8,379       7,834  
    Insurance commissions     589       535       483       595       565       1,124       1,073  
    Increase in cash value of life insurance     1,415       1,842       1,215       1,161       1,279       3,257       2,474  
    Dividends from FHLB, FRB, FNBB & other     2,657       2,718       2,820       2,637       2,998       5,375       6,005  
    Gain on SBA loans     —       288       218       145       56       288       254  
    Gain (loss) on branches, equipment and other assets, net     972       (163 )     26       32       2,052       809       2,044  
    Gain (loss) on OREO, net     13       (376 )     (2,423 )     85       49       (363 )     66  
    Fair value adjustment for marketable securities     (238 )     442       850       1,392       (274 )     204       729  
    Other income     13,462       11,442       8,403       7,514       6,658       24,904       14,038  
    Total non-interest income     51,079       45,426       41,222       42,779       42,774       96,505       84,573  
     Non-interest expense:                            
    Salaries and employee benefits     64,318       61,855       60,824       58,861       60,427       126,173       121,337  
    Occupancy and equipment     14,023       14,425       14,526       14,546       14,408       28,448       28,959  
    Data processing expense     8,364       8,558       9,324       9,088       8,935       16,922       18,082  
    Other operating expenses     29,335       28,090       27,536       27,550       29,415       57,425       56,303  
    Total non-interest expense     116,040       112,928       112,210       110,045       113,185       228,968       224,681  
     Income before income taxes     151,991       147,154       129,454       129,084       133,411       299,145       263,804  
    Income tax expense     33,588       31,945       28,890       29,046       31,881       65,533       62,165  
    Net income   $ 118,403     $ 115,209     $ 100,564     $ 100,038     $ 101,530     $ 233,612     $ 201,639  
                                 
    Home BancShares, Inc.
    Selected Financial Information
    (Unaudited)
                                 
        Quarter Ended   Six Months Ended
    (Dollars and shares in thousands, except per share data)   Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024   Jun. 30, 2025   Jun. 30, 2024
    PER SHARE DATA                            
    Diluted earnings per common share   $ 0.60     $ 0.58     $ 0.51     $ 0.50     $ 0.51     $ 1.18     $ 1.00  
    Diluted earnings per common share, as adjusted (non-GAAP)(1)     0.58       0.56       0.50       0.50       0.52       1.14       1.01  
    Basic earnings per common share     0.60       0.58       0.51       0.50       0.51       1.18       1.00  
    Dividends per share – common     0.20       0.195       0.195       0.195       0.18       0.395       0.36  
    Shareholder buyback yield(2)     0.49 %     0.53 %     0.05 %     0.56 %     0.67 %     1.02 %     1.12 %
    Book value per common share   $ 20.71     $ 20.40     $ 19.92     $ 19.91     $ 19.30     $ 20.71     $ 19.30  
    Tangible book value per common share (non-GAAP)(1)     13.44       13.15       12.68       12.67       12.08       13.44       12.08  
                                 
    STOCK INFORMATION                            
    Average common shares outstanding     197,532       198,657       198,863       199,380       200,319       198,091       200,765  
    Average diluted shares outstanding     197,765       198,852       198,973       199,461       200,465       198,289       200,909  
    End of period common shares outstanding     197,239       198,206       198,882       198,879       199,746       197,239       199,746  
                                 
    ANNUALIZED PERFORMANCE METRICS                            
                                 
    Return on average assets (ROA)     2.08 %     2.07 %     1.77 %     1.74 %     1.79 %     2.08 %     1.78 %
    Return on average assets, as adjusted: (ROA, as adjusted) (non-GAAP)(1)     2.02 %     2.01 %     1.76 %     1.72 %     1.83 %     2.02 %     1.79 %
    Return on average assets excluding intangible amortization (non-GAAP)(1)     2.25 %     2.24 %     1.92 %     1.88 %     1.94 %     2.25 %     1.93 %
    Return on average assets, as adjusted, excluding intangible amortization (non-GAAP)(1)     2.18 %     2.18 %     1.91 %     1.86 %     1.98 %     2.18 %     1.94 %
    Return on average common equity (ROE)     11.77 %     11.75 %     10.13 %     10.23 %     10.73 %     11.76 %     10.69 %
    Return on average common equity, as adjusted: (ROE, as adjusted) (non-GAAP)(1)     11.39 %     11.41 %     10.05 %     10.12 %     10.98 %     11.40 %     10.76 %
    Return on average tangible common equity (ROTCE) (non-GAAP)(1)     18.26 %     18.39 %     15.94 %     16.26 %     17.29 %     18.33 %     17.26 %
    Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) (non-GAAP)(1)     17.68 %     17.87 %     15.82 %     16.09 %     17.69 %     17.77 %     17.38 %
    Return on average tangible common equity excluding intangible amortization (non-GAAP)(1)     18.50 %     18.64 %     16.18 %     16.51 %     17.56 %     18.57 %     17.53 %
    Return on average tangible common equity, as adjusted, excluding intangible amortization (non-GAAP)(1)     17.92 %     18.12 %     16.07 %     16.34 %     17.97 %     18.02 %     17.66 %
                                 
    (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.
    (2) Calculation of this metric is included in the schedules accompanying this release.
    Home BancShares, Inc.
    Selected Financial Information
    (Unaudited)
                                 
        Quarter Ended   Six Months Ended
    (Dollars in thousands)   Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024   Jun. 30, 2025   Jun. 30, 2024
    Efficiency ratio     41.68 %     42.22 %     42.24 %     41.42 %     43.17 %     41.94 %     43.69 %
    Efficiency ratio, as adjusted (non-GAAP)(1)     42.01 %     42.84 %     42.00 %     41.66 %     42.59 %     42.42 %     43.50 %
    Net interest margin – FTE (NIM)     4.44 %     4.44 %     4.39 %     4.28 %     4.27 %     4.44 %     4.20 %
    Fully taxable equivalent adjustment   $ 2,526     $ 2,534     $ 2,398     $ 2,616     $ 2,628     $ 5,060     $ 3,520  
    Total revenue (net)     271,031       260,082       258,364       257,999       254,596       531,113       500,985  
    Pre-tax, pre-provision, net income (PPNR) (non-GAAP)(1)     154,991       147,154       146,154       147,954       141,411       302,145       276,304  
    PPNR, as adjusted (non-GAAP)(1)     150,404       142,821       145,209       146,562       141,886       293,225       275,614  
    Pre-tax net income to total revenue (net)     56.08 %     56.58 %     50.11 %     50.03 %     52.40 %     56.32 %     52.66 %
    Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP)(1)     54.39 %     54.91 %     49.74 %     49.49 %     52.59 %     54.64 %     52.52 %
    P5NR (Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1)     57.19 %     56.58 %     56.57 %     57.35 %     55.54 %     56.89 %     55.15 %
    P5NR, as adjusted (non-GAAP)(1)     55.49 %     54.91 %     56.20 %     56.81 %     55.73 %     55.21 %     55.01 %
    Total purchase accounting accretion   $ 1,233     $ 1,378     $ 1,610     $ 1,878     $ 1,873     $ 2,611     $ 4,645  
    Average purchase accounting loan discounts     16,219       17,493       19,090       20,832       22,788       16,873       23,813  
                                 
    OTHER OPERATING EXPENSES                            
    Advertising   $ 2,054     $ 1,928     $ 1,941     $ 1,810     $ 1,692     $ 3,982     $ 3,346  
    Amortization of intangibles     2,025       2,047       2,068       2,095       2,140       4,072       4,280  
    Electronic banking expense     3,172       3,055       3,307       3,569       3,412       6,227       6,568  
    Directors’ fees     431       452       356       362       423       883       921  
    Due from bank service charges     283       281       271       302       282       564       558  
    FDIC and state assessment     1,636       3,387       3,216       3,360       5,494       5,023       8,812  
    Insurance     1,049       999       900       926       905       2,048       1,808  
    Legal and accounting     2,360       3,641       2,361       1,902       2,617       6,001       4,698  
    Other professional fees     2,211       1,947       1,736       2,062       2,108       4,158       4,344  
    Operating supplies     711       711       711       673       613       1,422       1,296  
    Postage     488       503       518       522       497       991       1,020  
    Telephone     419       436       438       455       444       855       914  
    Other expense     12,496       8,703       9,713       9,512       8,788       21,199       17,738  
    Total other operating expenses   $ 29,335     $ 28,090     $ 27,536     $ 27,550     $ 29,415     $ 57,425     $ 56,303  
                                 
    (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.
    Home BancShares, Inc.
    Selected Financial Information
    (Unaudited)
                         
    (Dollars in thousands)   Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024
    BALANCE SHEET RATIOS                    
    Total loans to total deposits     86.80 %     85.24 %     86.11 %     88.74 %     87.18 %
    Common equity to assets     17.83 %     17.58 %     17.61 %     17.35 %     16.82 %
    Tangible common equity to tangible assets (non-GAAP)(1)     12.35 %     12.09 %     11.98 %     11.78 %     11.23 %
                    .    
    LOANS RECEIVABLE                    
    Real estate                    
    Commercial real estate loans                    
    Non-farm/non-residential   $ 5,553,182     $ 5,588,681     $ 5,426,780     $ 5,496,536     $ 5,599,925  
    Construction/land development     2,695,561       2,735,760       2,736,214       2,741,419       2,511,817  
    Agricultural     315,926       335,437       336,993       335,965       345,461  
    Residential real estate loans                    
    Residential 1-4 family     2,138,990       1,947,872       1,956,489       1,932,352       1,910,143  
    Multifamily residential     620,439       576,089       496,484       482,648       509,091  
    Total real estate     11,324,098       11,183,839       10,952,960       10,988,920       10,876,437  
    Consumer     1,218,834       1,227,745       1,234,361       1,219,197       1,189,386  
    Commercial and industrial     2,107,326       2,045,036       2,022,775       2,084,667       2,242,072  
    Agricultural     323,457       314,323       367,251       352,963       314,600  
    Other     206,909       181,173       187,153       178,232       158,962  
    Loans receivable   $ 15,180,624     $ 14,952,116     $ 14,764,500     $ 14,823,979     $ 14,781,457  
                         
    ALLOWANCE FOR CREDIT LOSSES                    
    Balance, beginning of period   $ 279,944     $ 275,880     $ 312,574     $ 295,856     $ 290,294  
    Loans charged off     4,071       3,458       53,959       2,001       3,098  
    Recoveries of loans previously charged off     2,996       7,522       565       519       660  
    Net loans charged off (recovered)     1,075       (4,064 )     53,394       1,482       2,438  
    Provision for credit losses – loans     3,000       —       16,700       18,200       8,000  
    Balance, end of period   $ 281,869     $ 279,944     $ 275,880     $ 312,574     $ 295,856  
                         
    Net charge-offs (recoveries) to average total loans     0.03 %     (0.11 )%     1.44 %     0.04 %     0.07 %
    Allowance for credit losses to total loans     1.86 %     1.87 %     1.87 %     2.11 %     2.00 %
                         
    NON-PERFORMING ASSETS                    
    Non-performing loans                    
    Non-accrual loans   $ 89,261     $ 86,383     $ 93,853     $ 95,747     $ 78,090  
    Loans past due 90 days or more     7,031       3,264       5,034       5,356       8,251  
    Total non-performing loans     96,292       89,647       98,887       101,103       86,341  
    Other non-performing assets                    
    Foreclosed assets held for sale, net     41,529       39,680       43,407       43,040       41,347  
    Other non-performing assets     —       63       63       63       63  
    Total other non-performing assets     41,529       39,743       43,470       43,103       41,410  
    Total non-performing assets   $ 137,821     $ 129,390     $ 142,357     $ 144,206     $ 127,751  
                         
    Allowance for credit losses for loans to non-performing loans     292.72 %     312.27 %     278.99 %     309.16 %     342.66 %
    Non-performing loans to total loans     0.63 %     0.60 %     0.67 %     0.68 %     0.58 %
    Non-performing assets to total assets     0.60 %     0.56 %     0.63 %     0.63 %     0.56 %
                         
    (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.
    Home BancShares, Inc.
    Consolidated Net Interest Margin
    (Unaudited)
                             
        Three Months Ended
        June 30, 2025   March 31, 2025
    (Dollars in thousands)   Average Balance   Income/ Expense   Yield/ Rate   Average Balance   Income/ Expense   Yield/ Rate
    ASSETS                        
    Earning assets                        
    Interest-bearing balances due from banks   $ 813,833   $ 8,951   4.41 %   $ 611,962   $ 6,620   4.39 %
    Federal funds sold     4,878     53   4.36 %     5,091     55   4.38 %
    Investment securities – taxable     3,095,764     26,444   3.43 %     3,179,290     27,433   3.50 %
    Investment securities – non-taxable – FTE     1,113,044     10,033   3.62 %     1,135,783     10,061   3.59 %
    Loans receivable – FTE     15,055,414     276,160   7.36 %     14,893,912     270,907   7.38 %
    Total interest-earning assets     20,082,933     321,641   6.42 %     19,826,038     315,076   6.45 %
    Non-earning assets     2,714,805             2,722,797        
    Total assets   $ 22,797,738           $ 22,548,835        
                             
    LIABILITIES AND SHAREHOLDERS’ EQUITY                      
    Liabilities                        
    Interest-bearing liabilities                        
    Savings and interest-bearing transaction accounts   $ 11,541,641   $ 71,042   2.47 %   $ 11,402,688   $ 69,672   2.48 %
    Time deposits     1,886,147     17,447   3.71 %     1,801,503     17,114   3.85 %
    Total interest-bearing deposits     13,427,788     88,489   2.64 %     13,204,191     86,786   2.67 %
    Federal funds purchased     46     —   — %     —     —   — %
    Securities sold under agreement to repurchase   143,752     1,012   2.82 %     155,861     1,074   2.79 %
    FHLB and other borrowed funds     566,984     5,539   3.92 %     600,681     5,902   3.98 %
    Subordinated debentures     439,027     4,123   3.77 %     439,173     4,124   3.81 %
    Total interest-bearing liabilities     14,577,597     99,163   2.73 %     14,399,906     97,886   2.76 %
    Non-interest bearing liabilities                        
    Non-interest bearing deposits     3,981,901             3,980,944        
    Other liabilities     202,085             190,314        
    Total liabilities     18,761,583             18,571,164        
    Shareholders’ equity     4,036,155             3,977,671        
    Total liabilities and shareholders’ equity   $ 22,797,738           $ 22,548,835        
    Net interest spread           3.69 %           3.69 %
    Net interest income and margin – FTE       $ 222,478   4.44 %       $ 217,190   4.44 %
                             
    Home BancShares, Inc.
    Consolidated Net Interest Margin
    (Unaudited)
                             
        Six Months Ended
        June 30, 2025   June 30, 2024
    (Dollars in thousands)   Average Balance   Income/ Expense   Yield/ Rate   Average Balance   Income/ Expense   Yield/ Rate
    ASSETS                        
    Earning assets                        
    Interest-bearing balances due from banks   $ 713,455   $ 15,571   4.40 %   $ 865,686   $ 23,092   5.36 %
    Federal funds sold     4,984     108   4.37 %     4,718     120   5.11 %
    Investment securities – taxable     3,137,296     53,877   3.46 %     3,459,639     65,816   3.83 %
    Investment securities – non-taxable – FTE     1,124,351     20,094   3.60 %     1,221,431     18,896   3.11 %
    Loans receivable – FTE     14,975,109     547,067   7.37 %     14,568,029     539,814   7.45 %
    Total interest-earning assets     19,955,195     636,717   6.43 %     20,119,503     647,738   6.47 %
    Non-earning assets     2,718,779             2,660,101        
    Total assets   $ 22,673,974           $ 22,779,604        
                             
    LIABILITIES AND SHAREHOLDERS’ EQUITY                    
    Liabilities                        
    Interest-bearing liabilities                        
    Savings and interest-bearing transaction accounts   $ 11,472,548   $ 140,713   2.47 %   $ 11,078,749   $ 153,525   2.79 %
    Time deposits     1,844,059     34,562   3.78 %     1,708,902     34,764   4.09 %
    Total interest-bearing deposits     13,316,607     175,275   2.65 %     12,787,651     188,289   2.96 %
    Federal funds purchased     23     —   — %     17     —   — %
    Securities sold under agreement to repurchase   149,773     2,086   2.81 %     165,962     2,767   3.35 %
    FHLB and other borrowed funds     583,739     11,441   3.95 %     1,301,071     28,531   4.41 %
    Subordinated debentures     439,100     8,247   3.79 %     439,686     8,219   3.76 %
    Total interest-bearing liabilities     14,489,242     197,049   2.74 %     14,694,387     227,806   3.12 %
    Non-interest bearing liabilities                        
    Non-interest bearing deposits     3,981,425             4,050,787        
    Other liabilities     196,232             239,704        
    Total liabilities     18,666,899             18,984,878        
    Shareholders’ equity     4,007,075             3,794,726        
    Total liabilities and shareholders’ equity   $ 22,673,974           $ 22,779,604        
    Net interest spread           3.69 %           3.35 %
    Net interest income and margin – FTE       $ 439,668   4.44 %       $ 419,932   4.20 %
    Home BancShares, Inc.
    Non-GAAP Reconciliations
    (Unaudited)
                                 
        Quarter Ended   Six Months Ended
    (Dollars and shares in thousands, except per share data)   Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024   Jun. 30, 2025   Jun. 30, 2024
    EARNINGS, AS ADJUSTED                            
    GAAP net income available to common shareholders (A)   $ 118,403     $ 115,209     $ 100,564     $ 100,038     $ 101,530     $ 233,612     $ 201,639  
    Pre-tax adjustments                            
    FDIC special assessment     (1,516 )     —       —       —       2,260       (1,516 )     2,260  
    BOLI death benefits     (1,243 )     —       (95 )     —       —       (1,243 )     (162 )
    Gain on sale of premises and equipment     (983 )     —       —       —       (2,059 )     (983 )     (2,059 )
    Fair value adjustment for marketable securities     238       (442 )     (850 )     (1,392 )     274       (204 )     (729 )
    Special income from equity investment     (3,498 )     (3,891 )     —       —       —       (7,389 )     —  
    Legal fee reimbursement     (885 )     —       —       —       —       (885 )     —  
    Legal claims expense     3,300       —       —       —       —       3,300       —  
    Total pre-tax adjustments     (4,587 )     (4,333 )     (945 )     (1,392 )     475       (8,920 )     (690 )
    Tax-effect of adjustments     (817 )     (1,059 )     (208 )     (348 )     119       (1,876 )     (132 )
    Deferred tax asset write-down     —       —       —       —       2,030       —       2,030  
    Total adjustments after-tax (B)     (3,770 )     (3,274 )     (737 )     (1,044 )     2,386       (7,044 )     1,472  
    Earnings, as adjusted (C)   $ 114,633     $ 111,935     $ 99,827     $ 98,994     $ 103,916     $ 226,568     $ 203,111  
                                 
    Average diluted shares outstanding (D)     197,765       198,852       198,973       199,461       200,465       198,289       200,909  
                                 
    GAAP diluted earnings per share: (A/D)   $ 0.60     $ 0.58     $ 0.51     $ 0.50     $ 0.51     $ 1.18     $ 1.00  
    Adjustments after-tax: (B/D)     (0.02 )     (0.02 )     (0.01 )     0.00       0.01       (0.04 )     0.01  
    Diluted earnings per common share, as adjusted: (C/D)   $ 0.58     $ 0.56     $ 0.50     $ 0.50     $ 0.52     $ 1.14     $ 1.01  
                                 
    ANNUALIZED RETURN ON AVERAGE ASSETS                            
    Return on average assets: (A/E)     2.08 %     2.07 %     1.77 %     1.74 %     1.79 %     2.08 %     1.78 %
    Return on average assets, as adjusted: (ROA, as adjusted) ((A+D)/E)     2.02 %     2.01 %     1.76 %     1.72 %     1.83 %     2.02 %     1.79 %
    Return on average assets excluding intangible amortization: ((A+C)/(E-F))     2.25 %     2.24 %     1.92 %     1.88 %     1.94 %     2.25 %     1.93 %
    Return on average assets, as adjusted, excluding intangible amortization: ((A+C+D)/(E-F))     2.18 %     2.18 %     1.91 %     1.86 %     1.98 %     2.18 %     1.94 %
                                 
    GAAP net income available to common shareholders (A)   $ 118,403     $ 115,209     $ 100,564     $ 100,038     $ 101,530     $ 233,612     $ 201,639  
    Amortization of intangibles (B)     2,025       2,047       2,068       2,095       2,140       4,072       4,280  
    Amortization of intangibles after-tax (C)     1,530       1,547       1,563       1,572       1,605       3,077       3,210  
    Adjustments after-tax (D)     (3,770 )     (3,274 )     (737 )     (1,044 )     2,386       (7,044 )     1,472  
    Average assets (E)     22,797,738       22,548,835       22,565,077       22,893,784       22,875,949       22,673,974       22,779,604  
    Average goodwill & core deposit intangible (F)     1,435,480       1,437,515       1,439,566       1,441,654       1,443,778       1,436,492       1,444,840  
     Home BancShares, Inc.
     Non-GAAP Reconciliations
     (Unaudited)
                                 
        Quarter Ended   Six Months Ended
    (Dollars in thousands)   Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024   Jun. 30, 2025   Jun. 30, 2024
    ANNUALIZED RETURN ON AVERAGE COMMON EQUITY                            
    Return on average common equity: (A/D)     11.77 %     11.75 %     10.13 %     10.23 %     10.73 %     11.76 %     10.69 %
    Return on average common equity, as adjusted: (ROE, as adjusted) ((A+C)/D)     11.39 %     11.41 %     10.05 %     10.12 %     10.98 %     11.40 %     10.76 %
    Return on average tangible common equity: (ROTCE) (A/(D-E))     18.26 %     18.39 %     15.94 %     16.26 %     17.29 %     18.33 %     17.26 %
    Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) ((A+C)/(D-E))     17.68 %     17.87 %     15.82 %     16.09 %     17.69 %     17.77 %     17.38 %
    Return on average tangible common equity excluding intangible amortization: (B/(D-E))     18.50 %     18.64 %     16.18 %     16.51 %     17.56 %     18.57 %     17.53 %
    Return on average tangible common equity, as adjusted, excluding intangible amortization: ((B+C)/(D-E))     17.92 %     18.12 %     16.07 %     16.34 %     17.97 %     18.02 %     17.66 %
                                 
    GAAP net income available to common shareholders (A)   $ 118,403     $ 115,209     $ 100,564     $ 100,038     $ 101,530     $ 233,612     $ 201,639  
    Earnings excluding intangible amortization (B)     119,933       116,756       102,127       101,610       103,135       236,689       204,849  
    Adjustments after-tax (C)     (3,770 )     (3,274 )     (737 )     (1,044 )     2,386       (7,044 )     1,472  
    Average common equity (D)     4,036,155       3,977,671       3,950,176       3,889,712       3,805,800       4,007,075       3,794,726  
    Average goodwill & core deposits intangible (E)     1,435,480       1,437,515       1,439,566       1,441,654       1,443,778       1,436,492       1,444,840  
                                 
    EFFICIENCY RATIO & P5NR                            
    Efficiency ratio: ((D-G)/(B+C+E))     41.68 %     42.22 %     42.24 %     41.42 %     43.17 %     41.94 %     43.69 %
    Efficiency ratio, as adjusted: ((D-G-I)/(B+C+E-H))     42.01 %     42.84 %     42.00 %     41.66 %     42.59 %     42.42 %     43.50 %
    Pre-tax net income to total revenue (net) (A/(B+C))     56.08 %     56.58 %     50.11 %     50.03 %     52.40 %     56.32 %     52.66 %
    Pre-tax net income, as adjusted, to total revenue (net) ((A+F)/(B+C))     54.39 %     54.91 %     49.74 %     49.49 %     52.59 %     54.64 %     52.52 %
    Pre-tax, pre-provision, net income (PPNR) (B+C-D)   $ 154,991     $ 147,154     $ 146,154     $ 147,954     $ 141,411     $ 302,145     $ 276,304  
    Pre-tax, pre-provision, net income, as adjusted (B+C-D+F)   $ 150,404     $ 142,821     $ 145,209     $ 146,562     $ 141,886     $ 293,225     $ 275,614  
    P5NR (Pre-tax, pre-provision, profit percentage) PPNR to total revenue (net)) (B+C-D)/(B+C)     57.19 %     56.58 %     56.57 %     57.35 %     55.54 %     56.89 %     55.15 %
    P5NR, as adjusted (B+C-D+F)/(B+C)     55.49 %     54.91 %     56.20 %     56.81 %     55.73 %     55.21 %     55.01 %
                                 
    Pre-tax net income (A)   $ 151,991     $ 147,154     $ 129,454     $ 129,084     $ 133,411     $ 299,145     $ 263,804  
    Net interest income (B)     219,952       214,656       217,142       215,220       211,822       434,608       416,412  
    Non-interest income (C)     51,079       45,426       41,222       42,779       42,774       96,505       84,573  
    Non-interest expense (D)     116,040       112,928       112,210       110,045       113,185       228,968       224,681  
    Fully taxable equivalent adjustment (E)     2,526       2,534       2,398       2,616       2,628       5,060       3,520  
    Total pre-tax adjustments (F)     (4,587 )     (4,333 )     (945 )     (1,392 )     475       (8,920 )     (690 )
    Amortization of intangibles (G)     2,025       2,047       2,068       2,095       2,140       4,072       4,280  
                                 
    Adjustments:                            
    Non-interest income:                            
    Fair value adjustment for marketable securities   $ (238 )   $ 442     $ 850     $ 1,392     $ (274 )   $ 204     $ 729  
    Gain (loss) on OREO     13       (376 )     (2,423 )     85       49       (363 )     66  
    Gain (loss) on branches, equipment and other assets, net     972       (163 )     26       32       2,052       809       2,044  
    Special income from equity investment     3,498       3,891       —       —       —       7,389       —  
    BOLI death benefits     1,243       —       95       —       —       1,243       162  
    Legal expense reimbursement     885       —       —       —       —       885       —  
    Total non-interest income adjustments (H)   $ 6,373     $ 3,794     $ (1,452 )   $ 1,509     $ 1,827     $ 10,167     $ 3,001  
                                 
    Non-interest expense:                            
    FDIC special assessment     (1,516 )     —       —       —       2,260       (1,516 )     2,260  
    Legal claims expense     3,300       —       —       —       —       3,300       —  
    Total non-interest expense adjustments (I)   $ 1,784     $ —     $ —     $ —     $ 2,260     $ 1,784     $ 2,260  
                                 
    Home BancShares, Inc.
     Non-GAAP Reconciliations
     (Unaudited)
                         
        Quarter Ended
        Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024
    TANGIBLE BOOK VALUE PER COMMON SHARE                    
    Book value per common share: (A/B)   $ 20.71     $ 20.40     $ 19.92     $ 19.91     $ 19.30  
    Tangible book value per common share: ((A-C-D)/B)     13.44       13.15       12.68       12.67       12.08  
                         
    Total stockholders’ equity (A)   $ 4,085,316     $ 4,042,555     $ 3,961,025     $ 3,959,789     $ 3,855,503  
    End of period common shares outstanding (B)     197,239       198,206       198,882       198,879       199,746  
    Goodwill (C)     1,398,253       1,398,253       1,398,253       1,398,253       1,398,253  
    Core deposit and other intangibles (D)     36,255       38,280       40,327       42,395       44,490  
                         
    TANGIBLE COMMON EQUITY TO TANGIBLE ASSETS                    
    Equity to assets: (B/A)     17.83 %     17.58 %     17.61 %     17.35 %     16.82 %
    Tangible common equity to tangible assets: ((B-C-D)/(A-C-D))     12.35 %     12.09 %     11.98 %     11.78 %     11.23 %
                         
    Total assets (A)   $ 22,907,022     $ 22,992,203     $ 22,490,748     $ 22,823,117     $ 22,919,905  
    Total stockholders’ equity (B)     4,085,316       4,042,555       3,961,025       3,959,789       3,855,503  
    Goodwill (C)     1,398,253       1,398,253       1,398,253       1,398,253       1,398,253  
    Core deposit and other intangibles (D)     36,255       38,280       40,327       42,395       44,490  
                         
    Home BancShares, Inc.
    Shareholder Buyback Yield
    (Unaudited)
                                 
        Quarter Ended   Six Months Ended
    (Dollars and shares in thousands)   Jun. 30, 2025   Mar. 31, 2025   Dec. 31, 2024   Sep. 30, 2024   Jun. 30, 2024   Jun. 30, 2025   Jun. 30, 2024
    SHAREHOLDER BUYBACK YIELD                            
    Shareholder buyback yield: (A/B)     0.49 %     0.53 %     0.05 %     0.56 %     0.67 %     1.02 %     1.12 %
                                 
    Shares repurchased     1,000       1,000       96       1,000       1,400       2,000       2,426  
    Average price per share   $ 26.99     $ 29.67     $ 26.38     $ 26.90     $ 23.26     $ 28.33     $ 23.31  
    Principal cost     26,989       29,668       2,526       26,902       32,562       56,657       56,549  
    Excise tax     459       117       (72 )     63       285       576       421  
    Total share repurchase cost (A)   $ 27,448     $ 29,785     $ 2,454     $ 26,965     $ 32,847     $ 57,233     $ 56,970  
                                 
    Shares outstanding beginning of period     198,206       198,882       198,879       199,746       200,797       198,882       201,526  
    Price per share beginning of period   $ 28.27     $ 28.30     $ 27.09     $ 23.96     $ 24.57     $ 28.30     $ 25.33  
    Market capitalization beginning of period (B)   $ 5,603,284     $ 5,628,361     $ 5,387,632     $ 4,785,914     $ 4,933,582     $ 5,628,361     $ 5,104,654  
                                 

    The MIL Network –

  • MIL-OSI Africa: TOP AFRICA NEWS Named Best Environment & Natural Resources News Platform 2025 by MEA Markets

    Source: APO

    TOP AFRICA NEWS (www.TOPAFRICANEWS.com) has been recognized as the Best Environment & Natural Resources News Platform 2025 by MEA Markets, highlighting its significant contribution to environmental journalism across Africa.

    This latest accolade caps a series of distinguished awards for the platform, including SME of the Year (2022), Best International Publication Service Provider (2023), and Best Marketing Service Provider (2024), demonstrating consistent excellence and leadership in the region’s media landscape.

    Founder and Managing Director Mr. DUSABEMUNGU Ange de la Victoire expressed pride in the achievement, stating, “Being named the best platform in this vital field underscores our dedication to covering critical environmental issues affecting Africa. It motivates us to continue delivering impactful, accurate, and insightful journalism that can influence policy and inspire sustainable change across the continent.”

    He emphasized the platform’s mission, saying, “At TOP AFRICA NEWS, our goal remains to amplify Africa’s stories on issues like natural resources, conservation, and sustainable development—topics that are pivotal for the continent’s future. This award reaffirms our role as a trusted voice for Africa’s environment and natural resources sectors.”

    Available on www.TOPAFRICANEWS.com, the website provides comprehensive coverage of topics ranging from agriculture and tourism to youth engagement and peacebuilding, aiming to inform and empower communities across Africa.

    As climate and environmental challenges grow more urgent, TOP AFRICA NEWS pledges to sustain its focus on delivering high-quality news that drives awareness, action, and sustainable development across Africa.

    Distributed by APO Group on behalf of TOP AFRICA NEWS.

    Additional link: https://apo-opa.co/4kHbEw8

    Media contact: 
    vickange@gmail.com  

    About TOP AFRICA NEWS: 
    TOP AFRICA NEWS is a Private shareholder Digital News Website managed by AFRICA NEWS DIGEST Ltd, a Domestic Company registered in Rwanda Development Board. Available on www.TOPAFRICANEWS.com, this website publishes stories from across Africa focusing on Environment, Natural resources, Livestock and Agriculture, Tourism and conservation, Youth, Sports and Culture, Peace Building, Health, Infrastructure and ICT, Security, Education, Business and Banking. The main objective of this website is to tell the World the real Africa’s Story from the real and reliable sources. We Publish News Stories, Supplements stories, advertorials, Feature stories among many others. We are based in Kigali, Rwanda.

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 519

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL9

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 519
    NWS Storm Prediction Center Norman OK
    240 PM MDT Wed Jul 16 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Eastern Colorado
    Nebraska Panhandle
    Southeast Wyoming

    * Effective this Wednesday afternoon and evening from 240 PM
    until 1000 PM MDT.

    * Primary threats include…
    Scattered large hail and isolated very large hail events to 2
    inches in diameter possible
    Scattered damaging wind gusts to 70 mph possible
    A tornado or two possible

    SUMMARY…Scattered thunderstorms developing near Interstate 25 will
    continue to intensify this afternoon and move eastward across the
    Watch. Appreciably strong deep-layer shear will support a mix of
    supercells and severe multicells across mainly the northern half of
    the Watch. Large hail and severe gusts will be the primary hazards
    with the stronger storms, but a tornado is possible. Severe
    thunderstorms posing primarily a severe-wind risk are possible later
    this evening as storms congeal into a likely cluster across
    southeast Colorado.

    The severe thunderstorm watch area is approximately along and 65
    statute miles east and west of a line from 40 miles north of
    Cheyenne WY to 25 miles west southwest of Springfield CO. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU9).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 517…WW 518…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    2 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27025.

    …Smith

    SEL9

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 519
    NWS Storm Prediction Center Norman OK
    240 PM MDT Wed Jul 16 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Eastern Colorado
    Nebraska Panhandle
    Southeast Wyoming

    * Effective this Wednesday afternoon and evening from 240 PM
    until 1000 PM MDT.

    * Primary threats include…
    Scattered large hail and isolated very large hail events to 2
    inches in diameter possible
    Scattered damaging wind gusts to 70 mph possible
    A tornado or two possible

    SUMMARY…Scattered thunderstorms developing near Interstate 25 will
    continue to intensify this afternoon and move eastward across the
    Watch. Appreciably strong deep-layer shear will support a mix of
    supercells and severe multicells across mainly the northern half of
    the Watch. Large hail and severe gusts will be the primary hazards
    with the stronger storms, but a tornado is possible. Severe
    thunderstorms posing primarily a severe-wind risk are possible later
    this evening as storms congeal into a likely cluster across
    southeast Colorado.

    The severe thunderstorm watch area is approximately along and 65
    statute miles east and west of a line from 40 miles north of
    Cheyenne WY to 25 miles west southwest of Springfield CO. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU9).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 517…WW 518…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    2 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27025.

    …Smith

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW9
    WW 519 SEVERE TSTM CO NE WY 162040Z – 170400Z
    AXIS..65 STATUTE MILES EAST AND WEST OF LINE..
    40N CYS/CHEYENNE WY/ – 25WSW SPD/SPRINGFIELD CO/
    ..AVIATION COORDS.. 55NM E/W /31N CYS – 28ESE TBE/
    HAIL SURFACE AND ALOFT..2 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 27025.

    LAT…LON 41720356 37130186 37130422 41720608

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU9.

    Watch 519 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low ( 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Mod (40%)

    Probability of 1 or more hailstones > 2 inches

    Mod (30%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (70%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News –