Category: KB

  • MIL-OSI: WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    Source: GlobeNewswire (MIL-OSI)

    Courtesy of SpaceX

    WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    SEALSQ and WISeSat are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit

    Geneva, Switzerland, June 23, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary WISeSat.Space SA (“WISeSat”), has successfully launched its latest generation satellite WISeSat 3 aboard SpaceX’s Falcon 9 Transporter-14 mission, June 23 at 23:18 CEST from Vanderberg, California. This mission represents a breakthrough in space-based cybersecurity and decentralized infrastructure, marking the first satellite to embed Quantum RootKey from SEALSQ’s Corp. (Nasdaq: LAES) (“SEALSQ”), another subsidiary of WISeKey.

    The new satellite includes cutting-edge technology enabling SEALCOIN token exchanges directly from space, in collaboration with Hedera. Of note, SEALCOIN AG, also a subsidiary of WISeKey, focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform. This innovation establishes the world’s first Decentralized Physical Infrastructure Network (DePIN) launched from orbit, transforming the role of satellites in decentralized finance and secure digital identity.

    Simultaneously, the mission is a pivotal step forward in securing space communications through the implementation of post-quantum cryptography (PQC). PQC is critical for protecting satellite communications against future threats posed by quantum computers, which are expected to render current encryption methods like RSA obsolete. Ensuring data integrity and confidentiality is essential in the space environment, and PQC delivers quantum-resistant algorithms that can be integrated into existing systems, allowing for a seamless transition and protection from both current and emerging risks.

    This satellite architecture supports the integration of PQC within a hybrid framework that enables secure communication between orbital and ground-based infrastructure. By embedding PQC algorithms directly into satellite hardware, the cryptographic processing is isolated from critical systems, thus enhancing security and minimizing vulnerabilities. This approach also allows for secure key generation, distribution, and management, essential functions for trusted data exchange between satellites and Earth stations.

    The cryptographic algorithms being tested onboard follow the latest standards under development by the U.S. National Institute of Standards and Technology (NIST), ensuring that the technology is aligned with global efforts to future-proof digital infrastructure. With this mission, WISeSat and SEALSQ are demonstrating how PQC can not only be deployed in terrestrial networks, but also extended into orbit, safeguarding critical communications for years to come.

    Carlos Moreira, Founder and CEO of WISeKey, commented: “This launch is not only a milestone for decentralized infrastructure in space, but also a strategic move toward making space communications quantum-resilient. By embedding PQC and enabling blockchain-based tokenization from orbit, we are reshaping the way cybersecurity, finance, and space technology converge.”

    Representing WISeSat at the launch was David Fergusson, Board Director of WISeKey, and Executive Managing Director, M&A at Generational Equity. Joining Mr. Fergusson, as a guest of WISeKey was Jon Templeman, CEO of Savior Products and a pioneer in battery technology. Mr. Templeman’s latest innovation is an industry-disruptive ‘shock and vibration management system’ for application to all vehicles–from automobiles to rockets, increasing life-span and reducing material costs.

    Mr. Fergusson commented, “WISeSat’s groundbreaking innovation, pioneering the advancement of post-quantum cryptography, continues to set precedent for the future of trusted communication and data transmission. And it’s an honor to be joined at this historic launch by Jon Templeman, a pioneer in his own right, whose advancements in battery technology will be transformative for companies like WISeSat.”

    The latest satellite launch forms part of a growing WISeSat constellation that delivers sovereign, secure, and scalable satellite services for IoT, digital identity, and trusted data transmission. The launch strengthens Europe’s capabilities in space and cybersecurity, promoting technological independence and leadership in the age of quantum computing.

    About WISeKey

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

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

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

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

    Press and Investor Contacts

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

    The MIL Network

  • MIL-Evening Report: Drone footage captured orcas crafting tools out of kelp – and using them for grooming

    Source: The Conversation (Au and NZ) – By Vanessa Pirotta, Postdoctoral Researcher and Wildlife Scientist, Macquarie University

    Sara Jenkins/500px/Getty

    The more we learn about orcas, the more remarkable they are. These giant dolphins are the ocean’s true apex predator, preying on great white sharks and other lesser predators.

    They’re very intelligent and highly social. Their clans are matrilineal, centred around a older matriarch who teaches her clan her own vocalisations. Not only this, but the species is one of only six known to experience menopause, pointing to the social importance of older females after their reproductive years. Different orca groups have fashion trends, such as one pod who returned to wearing salmon as a hat, decades after it went out of vogue.

    But for all their intelligence, one thing has been less clear. Can orcas actually make tools, as humans, chimps and other primates do? In research out today by United States and British researchers, we have an answer: yes.

    Using drones, researchers watched as resident pods in the Salish Sea broke off the ends of bull kelp stalks and rolled them between their bodies. This, the researchers say, is likely to be a grooming practice – the first tool-assisted grooming seen in marine animals.

    This video shows whales using kelp tools in what appears to be social grooming behaviour. Credit: Center for Whale Research.

    Self kelp: why would orcas make tools?

    Tool use and tool making have been well documented in land-based species. But it’s less common among marine species. This could be partly due to the challenge of observing them.

    This field of research expands what we know these animals are capable of. Not only are orcas spending time making kelp into a grooming tool, but they’re doing it socially – two orcas have to work together to rub the kelp against their bodies.

    To make the tool, the orcas use their teeth to grab a stalk of kelp by its “stipe” – the long, narrow part near the seaweed’s holdfast, where it tethers to the rock. They use their teeth, motion of their body and the drag of the kelp to break off a piece of this narrow stipe.

    Next, they approach a social partner, flip the length of the kelp onto their rostrum (their snout-like projection) and press their head and the kelp against their partner’s flank. The two orcas use their fins and flukes to trap the kelp while rolling it between their bodies. During this contact, the orcas would roll and twist their bodies – often in an exaggerated S-shaped posture. A similar posture has been seen among orcas in other groups, who adopt it when rubbing themselves on sand or pebbles.

    Why do it? The researchers suggest this practise may be social skin-maintenance. Bottlenose dolphin mothers are known to remove dead skin from their calves using flippers, while tool-assisted grooming of a partner has been seen in primates, but infrequently and usually in captivity.

    Orcas across different social groups, ages and genders were seen doing this. But they were more likely to groom close relatives or those of similar age. There was some evidence suggesting whales with skin conditions were more likely to do the kelp-based grooming.

    Humpback whales are known to wear kelp in a practice known as “kelping”. But this study covers a different behaviour, which the authors dub “allokelping” (kelping others).

    A surprise from well-studied pods

    Interestingly, this new discovery comes from some of the most well-studied and famous orcas in the world – a group known as the southern resident killer whales. If you were a child of the 90s, you would have seen them in the opening scene of Free Willy, the movie which set me on my path to study cetaceans.

    These orcas consist of three pods known as J, K and L pods. Each live in the Salish Sea in the Pacific Northwest on the border of Canada and the US.

    Researchers fly drones over these resident pods most days and have access to almost 50 years of observations. But this is the first time the tool-making behaviour has been seen.

    Unfortunately, these pods are critically endangered. They’re threatened by sound pollution from shipping, polluted water, vessel strike and loss of their main food source – Chinook salmon.

    A pod of killer whales off Vancouver, Canada.
    Vanessa Pirotta, CC BY-NC-ND

    Orcas are smart

    In one sense, the findings are not a surprise, given the intelligence of these animals.

    In the Arctic, orcas catch seals by making waves to wash them off ice floes. Before European colonisation, orcas and First Nations groups near Eden hunted whales together.

    They can mimic human speech, while different groups have their own dialects. These animals are awe-inspiring – and sometimes baffling, as when a pod began biting or attacking boats off the Iberian peninsula.

    While orcas are often called “killer whales”, they’re not whales. They’re the biggest species of dolphin, growing up to nine metres long. They’re found across all the world’s oceans.

    Within the species, there’s a surprising amount of diversity. Scientists group orcas into different ecotypes – populations adapted to local conditions. Different orca groups can differ substantially, from size to prey to habits. For instance, transient orcas cover huge distances seeking larger prey, while resident orcas stick close to areas with lots of fish.

    Not just a fluke

    Because orcas differ so much, we don’t know whether other pods have discovered or taught these behaviours.

    But what this research does point to is that tool making may be more common among marine mammals than we expected. No hands – no problem.

    Vanessa Pirotta does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Drone footage captured orcas crafting tools out of kelp – and using them for grooming – https://theconversation.com/drone-footage-captured-orcas-crafting-tools-out-of-kelp-and-using-them-for-grooming-259372

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Welch Condemns Iran’s Retaliatory Attack Targeting U.S. Military Base in Qatar 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) released the following statement after Iran launched retaliatory targeted attacks on a U.S. military base in Qatar: 
    “I condemn Iran’s missile launches targeting U.S. forces in Qatar and am thankful our troops are safe and unharmed. In addition to endangering U.S. forces, these strikes put at risk millions of civilians in Doha. This retaliation would never have taken place if President Trump had not been led into this conflict by Prime Minister Netanyahu. It is clear that Netanyahu’s goals in Iran go well beyond Iran’s nuclear program—clearly evidenced by intentionally bombing universities, television broadcasters, and natural gas sites. Netanyahu wants regime change. It raises serious questions about President Trump’s motivation for dropping bombs without first seeking the support of Congress, as required by the Constitution.  
    “I strongly support Senator Kaine’s War Powers Resolution, which permits U.S. forces to continue defending Israel from attacks by Iran, while enforcing the President’s constitutional obligation to seek Congressional authorization before launching a war with Iran.”  
    Earlier this week, Senator Welch released a statement condemning President Trump’s decision to enter a war with Iran. Senator Welch also shared a video voicing his opposition to taking action in the conflict between Israel and Iran, and urged Senators of both parties to strongly oppose allowing Netanyahu to pull the U.S. into yet another war in the Middle East. 

    MIL OSI USA News

  • MIL-OSI USA: Baldwin Joins Bipartisan Group Urging Trump Admin to Reverse Closure of Job Corps Centers

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin

    WASHINGTON, D.C. – U.S. Senator Tammy Baldwin (D-WI) joined a bipartisan group of Appropriations Committee members led by Senators Susan Collins (R-ME) and Jack Reed (D-RI) in sending a letter to Department of Labor (DOL) Secretary Lori Chavez-DeRemer, urging the DOL to reverse its decision to close Job Corps Centers nationwide.

    “The sudden announcement that the Department of Labor began the process of closing all Job Corps Centers on May 29, 2025, will harm students and local economies in every state across the nation,” the Senators wrote. “We urge you to retract this announcement and to faithfully implement the Fiscal Year (FY) 2025 Full-Year Continuing Resolution Act, which President Trump signed into law and which includes $1,760,155,000 for Job Corps.”

    “Job Corps has helped millions of young people, ages 16 to 24, many of whom face significant economic and social challenges, develop the skills and resilience they need to succeed in work and in life through intensive education, training, and support services in a residential setting since its creation in 1964,” they continued. “The sudden closure of Job Corps Centers not only puts young people’s lives at risk, but local communities will pay a steep price, especially the thousands of individuals who work at the Centers and will lose their livelihoods.”

    “Abruptly canceling contracts for the nation’s Job Corps Centers will leave students and communities in the lurch and will undermine opportunities for young people to get education and training to succeed in valuable trades. While we would be pleased to work with you to improve the Job Corps program to do even more to serve our young people and address growing workforce needs, it is essential that you faithfully implement the program in accordance with the FY 2025 Continuing Resolution and reopen all Job Corps Centers,” the Senators concluded.

    The letter was also signed by Senators Patty Murray (D-WA), Lisa Murkowski (R-AK), John Boozman (R-AR), Jeanne Shaheen (D-NH), Cindy Hyde-Smith (R-MS), and Jeff Merkley (D-OR).

    Senator Baldwin has been strongly opposed to President Trump’s moves to close down Job Corps sites, including the one in Milwaukee. During President Trump’s first term, Senator Baldwin blocked the administration from trying to close a Job Corps center near Laona that provides economic opportunities in rural Wisconsin. At a hearing for President Trump’s Fiscal Year 2026 budget proposal in May, Senator Baldwin pressed DOL Secretary Lori Chavez-Deremer on proposed cuts to workforce training programs, including the Job Corps program. After the Trump Administration announced a new round of cuts in May, Senator Baldwin demanded they reverse course on the decision to shutter Job Corps training sites across the country.

    A full version of this letter is available here and below.

    Dear Secretary Chavez-DeRemer:

    The sudden announcement that the Department of Labor began the process of closing all Job Corps Centers on May 29, 2025, will harm students and local economies in every state across the nation. We urge you to retract this announcement and to faithfully implement the Fiscal Year (FY) 2025 Full-Year Continuing Resolution Act, which President Trump signed into law and which includes $1,760,155,000 for Job Corps. That includes funding to enroll students in Job Corps Centers for the new program year that starts July 1, 2025. We expect the Department to prevent any interruptions or delays in serving students or program options by making the necessary changes or extensions to contracts and quickly restarting background checks.

    Job Corps has served millions of young people, ages 16 to 24, many of whom face significant economic and social challenges, develop the skills and resilience they need to succeed in work and in life through intensive education, training, and support services in a residential setting since its creation in 1964. Today, many jobs require training beyond a high school diploma but not a college degree, including those of strategic national importance, such as electricians needed to build data centers to power artificial intelligence, machinists, pipefitters, and welders to manufacture the next generation of submarines and destroyers, wildland firefighters to keep our communities safe, and nurses to help care for our families. Job Corps is one of the few national programs that fills the gap by recruiting young people who are out of the labor force and providing them with the career and technical education to address these critical workforce needs.

    Job Corps Centers contribute to their local communities and economies. They have developed partnerships with employers, local workforce development boards, local government agencies, and community-based organizations. The sudden closure of Job Corps Centers not only puts young people’s lives at risk, but local communities will pay a steep price, especially the thousands of individuals who work at the Centers and will lose their livelihoods.

    Abruptly canceling contracts for the nation’s Job Corps centers will leave students and communities in the lurch and will undermine opportunities for young people to get education and training to succeed in valuable trades. While we would be pleased to work with you to improve the Job Corps program to do even more to serve our young people and address growing workforce needs, it is essential that you faithfully implement the program in accordance with the FY 2025 Continuing Resolution and reopen all Job Corps Centers. Thank you for your attention to this request, and we request your prompt reply no later than June 24, 2025.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI Video: Iran (Non-proliferation) – Security Council | United Nations

    Source: United Nations (video statements)

    Non-proliferation (Iran) – Security Council, 9944th meeting.

    – Letter dated 28 May 2025 from the President of the Security Council, acting in the absence of a Facilitator for the implementation of resolution 2231 (2015) addressed to the President of the Security Council (S/2025/335)
    – Nineteenth report of the Secretary-General on the implementation of Security Council resolution 2231 (2015) (S/2025/397).

    https://www.youtube.com/watch?v=wng4_UDM5zg

    MIL OSI Video

  • MIL-OSI USA: Wyden Reintroduces Legislation to Protect TPS and DED Recipients

    US Senate News:

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

    June 23, 2025

    The legislation has been reintroduced following Trump’s attack on immigrant communities, including 563,000 TPS recipients

    Washington, D.C. U.S. Senator Ron Wyden, D-Ore., joined 30 senators today in reintroducing legislation to provide qualified Temporary Protected Status and Deferred Enforced Departure recipients a path to legal permanent residency. 

    “Donald Trump’s all-out war on immigrants spits in the faces of our Founding Fathers,” Wyden said. “Torching TPS is not the answer to repairing our country’s broken immigration system. Immigrants are the backbone of American communities, making the most out of hard-working everyday jobs that prop up our local economies. This bill offers a pathway to permanent residency to TPS recipients so they can fulfill their dream of building a life here in America.”

    Currently, 860,000 people live  in the United States with TPS status, a program that  provides temporary, legal immigration status to those fleeing natural disasters, violence, and political security in their home countries. Similarly, DED is a temporary and discretionary administrative stay of removal granted to foreign citizens from designated countries. These grants are usually in response to war, civil unrest, or natural disasters through an executive order or presidential memorandum that provides eligibility guidelines to conduct foreign relations.

    The reintroduction of the Safe Environment from Countries Under Repression and Emergency (SECURE) Act follows the Trump administration and the Supreme Court’s attack on TPS. The Supreme Court upheld the Trump administration’s repeal of TPS for an estimated 563,000 recipients, putting hundreds of thousands of immigrants at risk of deportation and significant danger in their home countries.

    This legislation is endorsed by AFL-CIO, Laborers’ International Union of North America, International Union of Painters and Allied Trades , CASA, National TPS Alliance, Working Families United, the National Network for Arab American Communities, International Longshore and Warehouse Union, Service Employees International Union , and Communities United for Status and Protection.

    In addition to Wyden, Senators Chris Van Hollen, D-Md., introduced the legislation, and was joined by Senators Angela Alsobrooks, D-Md., Tammy Baldwin, D-Wis., Michael Bennet, D-Colo., Richard Blumenthal, D-Conn., Cory Booker, D-N.J., Chris Coons, D-Del., Catherine Cortez-Masto, D-Nev., Tammy Duckworth, D-Ill., Dick Durbin, D-Ill., Martin Heinrich, D-N.M., John Hickenlooper, D-Colo., Mazie Hirono, D-Hawaii, Tim Kaine, D-Va., Andy Kim, D-N.J., Amy Klobuchar, D-Minn., Ben Ray Luján, D-N.M., Edward Markey, D-Mass., Patty Murray, D-Wash., Alex Padilla, D-Calif., Jack Reed, D-R.I., Jacky Rosen, D-Nev., Bernie Sanders, I-Vt., Brian Schatz, D-Hawaii, Adam Schiff, D-Calif., Tina Smith, D-Minn., Mark Warner, D-Va., Raphael Warnock, D-Ga., Elizabeth Warren, D-Mass., and Sheldon Whitehouse, D-R.I.

    Specifically, the SECURE Act would ensure current and past TPS recipients and DED eligible individuals – who have been continuously present in the United States for at least three years – are eligible to apply for legal permanent residency.

    .Under the SECURE Act:

    1. A spouse, domestic partner, child, or unmarried child of a qualifying non-citizen would be eligible to obtain permanent resident status (upon meeting certain requirements).
    2. Individuals with a pending TPS application will receive work authorization and be eligible for travel authorization.
    3. Non-citizens with a pending application on intention to apply for permanent legal status are shielded from deportation.  Non-citizens who have a pending application or are prima facie eligible for permanent status under the bill and intends to apply are shielded from deportation.
    4. Information from an applicant’s application may not be shared or used for immigration enforcement purposes, with limited exceptions such as identifying fraudulent claims.
    5. DHS must provide reasonable explanation to Congress before terminating a country’s DHS status.

    MIL OSI USA News

  • MIL-OSI USA: ICYMI: Murkowski Joins Bipartisan Group of Appropriators Urging Labor Department to Reverse Closure of Job Corps Centers

    US Senate News:

    Source: United States Senator for Alaska Lisa Murkowski

    06.23.25

    Washington, DC – U.S. Senator Lisa Murkowski (R-AK), a senior member of the Appropriations Committee, joined U.S. Senators Susan Collins (R-ME), Chair of the Appropriations Committee, and Jack Reed (D-RI) in sending a letter to Secretary of Labor Lori Chavez-DeRemer, urging the Department of Labor (DOL) to reverse its decision to begin the closure of Job Corps Centers nationwide.

    In addition to Murkowski, Collins, and Reed, Senators Patty Murray (D-WA), Tammy Baldwin (D-WI), John Boozman (R-AR), Jeanne Shaheen (D-NH), Cindy Hyde-Smith (R-MS), and Jeff Merkley (D-OR) also signed the letter.

    “The sudden announcement that the Department of Labor began the process of closing all Job Corps Centers on May 29, 2025, will harm students and local economies in every state across the nation,” the Senators wrote. “We urge you to retract this announcement and to faithfully implement the Fiscal Year (FY) 2025 Full-Year Continuing Resolution Act, which President Trump signed into law and which includes $1,760,155,000 for Job Corps.”

    “Job Corps has helped millions of young people, ages 16 to 24, many of whom face significant economic and social challenges, develop the skills and resilience they need to succeed in work and in life through intensive education, training, and support services in a residential setting since its creation in 1964,” they continued. “The sudden closure of Job Corps Centers not only puts young people’s lives at risk, but local communities will pay a steep price, especially the thousands of individuals who work at the Centers and will lose their livelihoods.”

    “Abruptly canceling contracts for the nation’s Job Corps Centers will leave students and communities in the lurch and will undermine opportunities for young people to get education and training to succeed in valuable trades. While we would be pleased to work with you to improve the Job Corps program to do even more to serve our young people and address growing workforce needs, it is essential that you faithfully implement the program in accordance with the FY 2025 Continuing Resolution and reopen all Job Corps Centers,” the Senators concluded.

    The complete text of the letter can be read here.

    MIL OSI USA News

  • MIL-OSI United Nations: Secretary-General’s remarks to the UN Charter Day Exhibition [as delivered]

    Source: United Nations secretary general

    Mr. President of the General Assembly, Excellencies, Ladies and gentlemen,

    We are so honoured to welcome home the original UN Charter.

    It is more than parchment and ink; it is a promise — of peace, dignity and cooperation among nations.

    And as we open this exhibition that celebrates our earliest days, we are reminded that the Charter was only the beginning.

    The ideals it enshrined had to be put into action — by people, by process, and sometimes, by something as simple as a wooden box.

    In the spring of 1946, at Hunter College here in New York City, the first UN ballot box for the Security Council was opened for a routine inspection before the first vote.

    To everyone’s surprise, there was already a slip of paper inside.

    It was a message from the box’s maker — a mechanic named Paul Antonio.   Apparently, there have been some Antonios around.

    He wrote:

    May I, who have had the privilege of fabricating this ballot box, cast the first vote?

    May God be with every member of the United Nations organization and through your noble efforts bring lasting peace to us all – all over the world.”

    That message — humble, hopeful, and heartfelt — captures the spirit of the United Nations at its founding.

    And it reminds us why we are here today.

    Eighty years is a blink of an eye in history.

    And yet, until the United Nations, humanity never had a single place where every government and all peoples could unite to fix the world and build something better.

    The UN is a living miracle — and the women and men of the United Nations bring this miracle to life every day and everywhere:

    Forging peace.

    Tackling poverty, hunger, and disease.

    Advancing human rights.

    Delivering lifesaving aid.

    And striving to make our organization stronger.

    Today, our world faces age-old challenges — and newer threats like the climate crisis and runaway technology, not to mention the horrible conflicts we are witnessing.

    But we have the tools and the norms of international law to guide us, starting with the United Nations Charter.

    And as we reflect on the artifacts of our founding — the documents, the symbols, the memories — I keep thinking about that note in the ballot box.

    Paul Antonio never sat in a General Assembly seat.

    He never gave a speech or signed a treaty.

    But he believed in what this Organization could become.

    He believed in us.

    Eighty years later, I hope we can all carry that same spirit — of quiet conviction, of hope, and of belief in peace — into the future we are building together.

    And I thank you.

    MIL OSI United Nations News

  • MIL-OSI USA: Congresswoman Torres Calls for Federal and State Labor Agencies to Protect Inland Empire Warehouse Workers from Dangerous Indoor Heat

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

    June 23, 2025

    Urges Inspections and Finalization of Federal Strong Heat Protection Standards Amid Rising Temperatures

    Washington, D.C. – Today, Congresswoman Norma Torres sent a letter to Secretary Lori Chavez-DeRemer of the U.S. Department of Labor and Secretary Stewart Knox of the California Labor & Workforce Development Agency, urging immediate and comprehensive measures to safeguard warehouse workers in the Inland Empire from dangerous heat conditions as summer temperatures soar.

    The Inland Empire serves as a critical logistics hub—handling nearly 40 percent of America’s imported goods—supporting approximately 200,000 transportation and warehousing jobs. Recent years have seen record-breaking heat waves with outdoor temperatures exceeding 110°F and indoor warehouse temperatures reaching 89°F, posing significant health risks to workers. This year, the Inland Empire experienced temperatures of nearly 100°F before Memorial Day, and last week, the region was under a heat advisory.

    “Inland Empire warehouse workers are the backbone of our supply chain and economy,” said Congresswoman Torres. “They deserve protection from extreme heat with access to water, fans, and adequate training to prevent heat-related illnesses. Frequent and thorough inspections are critical to ensuring that important heat-related workplace requirements are adhered to and workers’ rights are protected.”

    For the California Labor & Workforce Development Agency, its Division of Occupational Safety and Health (Cal/OSHA) on July 24, 2024, finalized California’s Indoor Heat Illness Prevention regulation, which mandates safety measures when indoor temperatures reach 82°F. Rep. Torres applauded this action but called for ongoing reminders to employers and increased inspection frequency during heat waves.

    For the U.S. Department of Labor, Rep. Torres urges their Occupational Safety and Health Administration (OSHA) to promptly finalize its proposed rule on “Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings,” published last year in August, to establish strong, enforceable protections for workers nationwide.

    The letter requests details from both agencies outlining their comprehensive plans for inspections, including training, information and equipment provided to workers during the summer, along with a post-summer report or briefing on:

    • Lessons learned from inspection efforts and their effectiveness.

    • The working conditions and job impacts on the hottest summer days.

    • Recommendations for employers and steps taken to address violations.

    “Protecting our workers from indoor heat hazards is not just a safety issue—it is a matter of fairness and respect for those who keep our economy moving,” added Congresswoman Torres. “As summers grow hotter, we must act decisively to prevent heat illnesses and fatalities in our warehouses.”

    Full letter

    ###

    MIL OSI USA News

  • MIL-OSI New Zealand: NZ-NASA partnership launches five new projects

    Source: New Zealand Government

    Science, Innovation and Technology Minister Dr Shane Reti and Space Minister Judith Collins have today announced that in partnership with the US, the Government is investing $5.6 million to support five new joint NZ-NASA research projects in the field of Earth observation.

    Researchers from New Zealand and NASA will work in partnership to tackle challenges such as disaster resilience and environmental management over the next three years.

    “These projects will combine some of New Zealand’s best research talent with NASA’s world-leading scientific expertise and technology, driving innovation in space science and environmental monitoring,” Dr Reti says.

    “Advancing Earth observation science helps us better understand our natural environment and enables us to manage our natural resources more effectively. For example, we can use satellite data and AI algorithms to accurately measure water movements, which helps manage freshwater and mitigate floods.

    “These projects will create a more resilient economy and drive productivity in some of our most valuable export industries, such as forestry and agriculture. They will also grow our science and innovation sector by positioning us in global growth markets such as remote sensing,” Dr Reti says.

    “The US is an indispensable space cooperation partner for New Zealand and our engagement with NASA is a key part of our bilateral relationship. These projects will further entrench our ongoing and positive relationship with NASA,” Ms Collins says.

    “NASA will contribute Earth observation satellite data, access to advanced tools and technology, as well as approximately $1.9 million in direct staff time and expertise.

    The projects are the second stage of the NZ–NASA research partnership through the Catalyst Fund, following an earlier round of feasibility studies. The selected projects span a range of high-impact areas:

    • Te Mātai Pū o te Kea – High Altitude Coastal Remote Sensing – advances remote-sensing technology using Kea’s Atmos high-altitude uncrewed aircraft.
    • Satellite Multi-Scale Hydrologic Framework for Te Hiku ō Te Ika Wairere Ngahere – develops tools to measure terrestrial water flux via satellite data.
    • Monitoring Vegetation–Geothermal Interactions from Space and Airborne Platforms – Integrates multiple Earth observation data streams to measure chemical and physical changes via vegetation.
    • Near Real-Time Fuel Moisture System for Wildfire and Drought – builds a predictive fire model using remote sensing.
    • Integrating Machine Learning and Remote Sensing for Dynamic Forest Mapping – develops predictive forest mapping using satellite imagery.

    Further information about the projects can be found on the MBIE website: https://www.mbie.govt.nz/catalyst-strategic-new-zealand-nasa-joint-research-programme-in-earth-observation

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Backing fair trade and healthy oceans

    Source: New Zealand Government

    The Government is investing a further $150,000 to support implementation of the WTO Fisheries Subsidies Agreement—ensuring New Zealand exporters can compete on a level playing field while helping protect global fish stocks.

    “This is about backing rules that stop unfair subsidies and make sure all countries are held to the same standards,” Trade and Investment Minister Todd McClay says.

    “It’s in New Zealand’s direct interest to see this Agreement fully implemented—especially in the Pacific, where many of our key partners operate and where our seafood exporters are active.”

    New Zealand’s total contribution now stands at $310,000.

    The 2022 Agreement—ratified by 102 WTO members—will ban subsidies that support illegal, unreported, and unregulated (IUU) fishing, fishing of overfished stocks, and unregulated high seas fishing. Just nine more ratifications are needed for it to enter into force.

    “Unfair subsidies distort global trade and undercut responsible producers like ours. This Agreement ensures a more level global playing field—while also supporting the sustainability of fish stocks we all rely on,” Mr McClay says.

    “New Zealand will continue to push for the Agreement to enter into force and for negotiations on additional rules to conclude quickly.”

    MIL OSI New Zealand News

  • MIL-OSI USA: Rep. Young Kim Bill to Support Taiwan in IMF Passes House

    Source: United States House of Representatives – Representative Young Kim (CA-39)

    Washington, DC – Today, the House of Representatives passed the Taiwan Non-Discrimination Act (H.R. 910), a bipartisan bill led by U.S. Representatives Young Kim (CA-40) and Al Green (TX-09) to support Taiwan’s participation in the International Monetary Fund (IMF).  

    Watch Rep. Kim speak in support of the bill HERE. 

    “Taiwan – the 21st largest economy in the world and producer of 90 percent of the world’s advanced semiconductor chip supply – doesn’t just deserve a seat at the table at the IMF. The free world needs Taiwan at the IMF,” said Congresswoman Young Kim. “We cannot be complicit as international organizations cede leverage to Beijing and silence Taiwan’s voice. I thank my colleagues for joining me to support Taiwan’s participation in the IMF, and I will keep fighting to get this to President Trump’s desk.”  

    Congressman Al Green stated, “I am pleased to partner once more with Representative Kim on H.R. 910, the Taiwan Non-Discrimination Act. This common sense, bipartisan measure furthers the long-term interests of both Taiwan and the U.S. by supporting Taiwan’s ongoing efforts to participate in the International Monetary Fund, and other international financial institutions. Taiwan’s expertise developing one of the largest and most complex economies in the world would bring a valuable perspective to multilateral economic organizations. This legislation passed the House of Representatives last Congress, and I am pleased to see it do so once again in this Congress.” 

    The Taiwan Non-Discrimination Act (H.R. 910) would ensure the U.S. governor of the IMF advocates for:    

    • Taiwan’s admission into the IMF as a member;   
    • Taiwan’s participation in the IMF’s regular surveillance activities relating to Taiwan’s economic and financial policies;    
    • Employment opportunities at the IMF for Taiwan nationals; and,   
    • Taiwan’s ability to receive IMF technical assistance and training.    

    Senate companion legislation has been introduced by Senators Dave McCormick (R-PA), Jacky Rosen (D-NV), Dan Sullivan (R-AK), and Elissa Slotkin (D-MI). 

    Reps. Kim and Green introduced similar legislation in the 118th Congress that passed the House in January 2024.  

    In the 117th Congress, Rep. Kim led a bipartisan bill, which became law in May 2022, to restore Taiwan’s observer status in the World Health Organization and World Health Assembly.   

    MIL OSI USA News

  • MIL-OSI: Bitcoin Treasury Corporation Announces Closing of Amalgamation and Concurrent Financing

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to United States news wire services or for dissemination in the United States.

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Bitcoin Treasury Corporation (“Bitcoin Treasury” or the “Corporation”), further to its press releases dated May 22, 2025, May 30, 2025, and June 17, 2025, is pleased to announce that it has completed the previously announced amalgamation, pursuant to which 2680083 Alberta Ltd. (“268”) and Bitcoin Treasury Corporation (pre-amalgamated entity) (“BTCT”) have amalgamated and will continue as one corporation, that will carry on the business of BTCT (the “Transaction”). The Corporation is also pleased to announce that a listing application in respect of the Corporation has been submitted to the TSX Venture Exchange (the “TSXV”) to list the common shares of the Corporation (the “Bitcoin Treasury Shares”). Listing of the Bitcoin Treasury Shares is subject to the TSXV providing final approval thereof (the “Listing”).

    Concurrent Financing

    The Corporation is also pleased to announce that, further to its press release dated May 30, 2025 and prior to the close of the Transaction, BTCT closed a concurrent brokered private placement of 8,407,350 equity subscription receipts and 25,000 convertible debenture subscription receipts (the “Convertible Debenture Subscription Receipts”) at a price of $1,000 per Convertible Debenture Subscription Receipt and a non-brokered private placement of 1,166,000 equity subscription receipts (the “Equity Subscription Receipts”) at a price of $10.00 per Equity Subscription Receipt for aggregate gross proceeds of $120,733,500 (collectively, the “Concurrent Financing”). Canaccord Genuity and Stifel acted as co-lead agents, together with National Bank Financial Markets, BMO Capital Markets, CIBC Capital Markets, Wellington-Altus, Greenhill, a Mizuho affiliate, Research Capital, Haywood Securities, ATB Capital Markets, Independent Trading Group, Richardson Wealth and Ventum Capital Markets (collectively, the “Agents”) in connection with the Concurrent Financing.

    Prior to the close of the Transaction, each Equity Subscription Receipt was converted into one common share of BTCT (“BTCT Share”) and each Convertible Debenture Subscription Receipt was converted into one convertible debenture of BTCT (“BTCT Convertible Debenture”) on a one for one basis.

    In connection with the closing of the Concurrent Financing and as consideration for their services, BTCT paid to the Agents cash fees of $5,979,000.

    Share Consolidation

    Immediately prior to the completion of the Transaction, 268 completed a consolidation of the common shares of 268 (“268 Shares”) based on a ratio of one (1) post-consolidation common share for each 51.66712593 pre-consolidation common shares, resulting in an aggregate of 74,999 268 Shares.

    The Transaction

    Pursuant to the amended and restated amalgamation agreement between 268 and BTCT dated June 16, 2025, among other things, (i) 268 and BTCT have amalgamated pursuant to the provisions of the Business Corporations Act (Alberta); (ii) each holder of BTCT Shares received one Bitcoin Treasury Share in exchange for each BTCT Share held by such holder and the BTCT Shares were cancelled by the Corporation; (iii) each holder of BTCT Convertible Debentures or warrants of BTCT (the “BTCT Convertible Securities”) received one convertible debenture in the Corporation or one warrant of the Corporation, as the case may be, in exchange for each BTCT Convertible Security held by such holder and the BTCT Convertible Securities were cancelled by the Corporation; (iv) each holder of 268 Shares received one Bitcoin Treasury Share in exchange for each 268 Share held by such holder and the 268 Shares were cancelled by the Corporation; and (v) the Corporation adopted the equity incentive plan of BTCT.

    Bitcoin Treasury Share Offering

    Upon final approval from the TSXV of the Listing and the TSXV’s issuance of a “list and halt” bulletin, the Corporation intends to complete a brokered offering of up to 426,650 Bitcoin Treasury Shares at a price of $10.00 per Bitcoin Treasury Share (the “Offered Shares”). This, combined with the Concurrent Financing, will provide aggregate gross proceeds of $125,000,000. The Offered Shares will be issued after the Bitcoin Treasury Shares commence trading on the TSXV, and such Bitcoin Treasury Shares shall immediately be halted. Such Offered Shares will be eligible for investment in RRSPs, RESPs, RRIFs, RDSPs, TFSAs, FHSAs and DPSPs, but will be subject to a statutory hold period of four months plus one day from the date the Offered Shares are issued, in accordance with applicable Canadian securities laws. The offering of the Offered Shares is expected to close on or about the week of June 23, 2025. In connection with the closing of the Offered Shares and as consideration for their services, BTCT anticipates a payment to the Agents a cash commission of $178,950.

    For further information, please contact:

    Bitcoin Treasury Corporation
    Elliot Johnson, Chief Executive Officer
    Phone: 416-619-3403
    Email: ejohnson@btctreasurycorp.com

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

    Cautionary Note Regarding Forward-Looking Statements

    This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the Listing of Bitcoin Treasury Shares; the offering of Offered Shares; the anticipated closing date of the Offered Share offering; receipt of a TSXV list and halt bulletin; the anticipated Agents fees relating to the Offered Share offering; expectations related to Bitcoin and its use in the future; and future development plans of the Corporation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: ability to close the Bitcoin Treasury Share Offering on the proposed terms or at all, the synergies expected from the Transaction not being realized; business integration risks; the Corporation’s operating results will experience significant fluctuations due to the highly volatile nature of Bitcoin; BTCT operates in a heavily regulated environment and any material changes or actions could lead to negative adverse effects to the business model, operational results, and financial condition of BTCT; evolving cryptocurrency regulatory requirements and the impact on BTCT’s business plan; Bitcoin value risk; reliance on key personnel; implementation of the Corporation’s business plan; lack of operating history; competitive conditions; de banking and financial services risk; anti money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes to bank fees or practices, or payment card networks; audit of tax filings; market for the Bitcoin Treasury Shares; market price of the Bitcoin Treasury Shares; conflicts of interest; internal controls; tariffs and the imposition of other restrictions on trade could adversely affect the Corporation’s business; risk of litigation; pandemics or other health crisis; acquisitions and integration; risk of dilution of Bitcoin Treasury securities; dividend policy; Bitcoin price volatility; custodial risks; technological vulnerabilities; Bitcoin transactions are irreversible and may result in significant losses; short history risk; limited history of the Bitcoin market; potential decrease in the global demand for Bitcoin; economic and political factors; top Bitcoin holders control a significant percentage of the outstanding Bitcoin; availability of exchange traded products liquidity; security breaches; the amalgamation agreement may be terminated by 268 or BTCT in certain circumstances; there can be no certainty that all conditions precedent to the Transaction will be satisfied; BTCT and 268 may incur costs even if the Transaction is not completed; the requirements that accompany being a publicly traded company may put a strain on the Corporation’s resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; uncertainty of use of proceeds; liquidity risk; leverage risk; and share price fluctuations.

    Although management of BTCT believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements 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 statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and BTCT does not undertake any obligation to update publicly or to revise any of the included forward -looking statements or information, whether as a result of new information, change in management’s estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law.

    Completion of the Listing is subject to a number of conditions, including but not limited to, TSXV acceptance.

    Investors are cautioned that, except as disclosed in the filing statement filed on June 17, 2025, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.

    The TSXV has neither approved nor disapproved the contents of this news release.

    The MIL Network

  • MIL-OSI: Oak Valley Community Bank Announces Branch Manager Hiring

    Source: GlobeNewswire (MIL-OSI)

    OAKDALE, Calif., June 23, 2025 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Mariam Shah has joined the bank as Vice President, Branch Manager of the Lodi Branch which is located at 31 South School Street and is slated to open later this summer.

    Shah brings over a decade of banking experience to her new role, including the past three years as a Branch Manager at another financial institution. She will oversee daily branch operations and focus on building new business relationships within the Lodi community. “We are excited to welcome Mariam to Oak Valley and the Lodi community,” said Julie DeHart, Executive Vice President, Retail Banking Group. “Her banking experience, leadership abilities, and strong communication skills will be instrumental in strengthening client relationships and driving the growth of our branch.”

    Shah holds a Bachelor of Science degree in Business Administration and Management from Georgia College and State University. She is a former member of the Pleasant Hill Chamber of Commerce and currently resides in Tracy. Outside of work, she enjoys outdoor activities, hiking, beach trips, participating in holiday charity events, and visiting family.

    Oak Valley Bancorp operates Oak Valley Community Bank & their Eastern Sierra Community Bank division, through which it offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 18 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, two branches in Sonora, three branches in Modesto, and three branches in their Eastern Sierra division, which includes Bridgeport, Mammoth Lakes, and Bishop. The Lodi Branch will be the bank’s 19th location.

    For more information, call 1-866-844-7500 or visit www.ovcb.com.

    Contact:  Chris Courtney/Rick McCarty
    Phone:  (209) 848-BANK (2265)  
      Toll Free (866) 8447500
      www.ovcb.com

    The MIL Network

  • MIL-OSI USA: Ernst Champions Opportunities for Future Farmers and Manufacturers

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    STORM LAKE, Iowa – U.S. Senator Joni Ernst (R-Iowa), a member of the Senate Committee on Agriculture, led a roundtable discussion on her bipartisan Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) that will expand opportunities for first-time farmers and small to mid-size manufacturers.
    The legislation will modernize the Internal Revenue Service’s (IRS) rules for Industrial Development Bonds (IDBs) and First-Time Farmer Bonds (Aggie Bonds) and provide new financing opportunities for beginning farmers and small-scale manufacturers. Iowa leads the nation in use of Aggie Bonds, but the rules for IDBs and Aggie Bonds have not been updated in nearly 30 years.
    “It’s time to cut the red tape and give our farmers, small manufacturers, and rural lenders room to grow. My bipartisan MAMBA legislation’s commonsense updates will do that by driving new investment and making it easier for beginning farmers and manufacturers to access capital and grow their businesses,” said Senator Ernst. “Iowa leads the nation in using Aggie Bonds, and I appreciate the folks who joined me to share their insights as I work to get this bill across the finish line.”

    Download photos from the event here.
    Today, Ernst was joined by:

    Tammy Nebola, Ag Development Program Specialist, Iowa Finance Authority
    Jayme Ungs, Iowa Ag Development Division Board Member, Peoples Bank
    Kevin Boyle, Iowa Ag Development Division Board Member, Templeton Savings Bank
    Eric Weuve, Organizer of the Iowa Bankers Association Ag Lending Program, Iowa State Extension
    Makayla Gallentine, Advocacy and Policy Coordinator, Iowa Bankers Association
    Mike Gathman, CEO, Community Bankers of Iowa

    Ernst’s MAMBA legislation has earned overwhelming support:
    “We applaud Senator Ernst for introducing the Modernizing Agricultural and Manufacturing Bonds Act,” said David Howard, Policy Development Director at the National Young Farmers Coalition. “Access to land–the number one challenge for this new generation of farmers and ranchers–is inextricably linked to credit accessibility. Aggies bonds provide a win-win mechanism that affords tax free interest to private agricultural lenders, on lower interest loans made to beginning farmers. This proposed legislation will make several commonsense updates to this important credit accessibility tool.”
    “We are thrilled that MAMBA has been reintroduced in the U.S. Senate with bipartisan support. With our country facing great economic opportunity, it has become clear that investments in farmers and manufacturers are necessary to strengthen the United States’ global competitiveness. By updating the 40-year-old rules around agricultural and manufacturing bonds, MAMBA allows for the innovative financing tools necessary to invest in local communities by expanding and growing American manufacturing and farming,” said Toby Rittner, President & CEO of the Council of Development Finance Agencies. “Senators Ernst and Warner have been great champions of farmers and manufacturers and the development finance industry as a whole, and I am thankful for their commitment to those key pillars of the U.S. economy.”
    “The BDA supports the reintroduction of the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA). This commonsense and bipartisan legislation will embolden small manufacturers and first-time farmers in a time when investment in rural America is needed more than ever,” said the Bond Dealers of America. “It has been over 30 years since these bonds have been modernized, causing stagnation in these respective industries.  We call on Congress to advance this overdue legislation.”
    “The Independent Community Banks of America (ICBA) supports the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) and applauds its introduction by Senators Ernst and Warner. This legislation modernizes industrial development bonds and first-time farmer bonds by updating, for the first time in 30 years, the Internal Revenue Code’s treatment of IDBs for small manufacturers and aggie bonds for beginning farmers,” said Rebeca Romero Rainey, ICBA President and CEO. “These changes allow community banks to better serve these market segments that are vitally important to our local rural economies by providing customers more flexible and larger financing and lower-cost credit options.”
    “MAMBA will support the flow of investment to small and medium-size manufacturing companies across the American heartland, bringing the program of Industrial Development Bonds and Aggie Bonds into the 21st Century,” said Julius Krein, Chair of the Board of Directors of the New American Industrial Alliance. “NAIA encourages the reindustrialization of the American economy at all levels and in all sectors, especially in financing the development of productive capacity.”
    Read the full bill – supported by Senators Mark Warner (D-Va.) and Cindy Hyde-Smith (R-Miss.) – here.

    MIL OSI USA News

  • MIL-OSI USA: Praise Pours in for Ernst Bill to Unleash Domestic Manufacturing

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    WASHINGTON – Support continues to pour in from small manufacturers in Iowa and across the country for Senator Joni Ernst’s (R-Iowa) Made in America Manufacturing Finance Act that doubles the loan limit for Small Business Administration (SBA) manufacturing loans.
    Senate Committee on Small Business and Entrepreneurship Chair Ernst’s bill will continue to fuel the great manufacturing boom happening under President Trump and ensure that “Made in America” becomes the norm instead of the exception.
    Here is some of the praise for the bill:
    Ceilley Pallets (Waterloo, Iowa)
    “I think we as a community have the potential to once again be a manufacturing powerhouse in the Cedar Valley, as well as serving throughout the United States. I am optimistic that if stewarded properly, the additional resources available to small businesses will supercharge innovation, collaboration, production, education, and flourishing of our businesses, and workforce,” said Kevin Taylor, owner.
    The bill has previously earned high marks from groups across Iowa.
    Iowa Association of Business and Industry
    “Iowa’s manufacturers are ready to grow, invest, and lead in the future of American manufacturing – but access to capital is critical. The Made in America Manufacturing Finance Act is a commonsense solution that will empower small manufacturers to invest in the tools, technology, and facilities they need to compete globally. ABI applauds Senator Ernst and Chairman Williams for their leadership and commitment to strengthening U.S. manufacturing,” said Nicole Crain, President.
    Iowa Bankers Association
    “The Iowa Bankers Association thanks Senator Joni Ernst for her leadership in proposing the Made in America Manufacturing Finance Act. Bank leaders in Iowa have advocated for increasing the loan limits in these SBA programs with the goal of driving more investment in communities across the state of Iowa.  Manufacturing is an important piece of Iowa’s economy, and Iowa banks are proud partners in helping small businesses grow and expand. This proposed legislation will make the work of our Iowa banks even more impactful,” said Adam Gregg, President.
    Cedar Rapids Metro Economic Alliance
    “Manufacturing is a cornerstone of our region’s economic vitality. By increasing access to capital for small manufacturers, the Made in America Manufacturing Finance Act empowers businesses to expand, innovate and compete globally—while reinforcing our domestic supply chains. We commend Senator Ernst for her leadership as Chair of the Senate Small Business Committee and her commitment to addressing the financial needs of small manufacturers in today’s economy,” said Barbra Solberg.
    Greater Burlington Partnership
    “Increasing loan limits for small manufacturers strengthens the backbone of our local economy. This bipartisan effort will give more Iowa businesses the tools they need to expand operations, invest in new technology, and create quality jobs right here at home. As the cost of doing business continues to rise, we support the recommended increases in borrowing to accommodate our manufacturing businesses,” said Amy O’Brien, CEO.
    Additional praise has poured in from across the country:
    Better Team USA Corp (Clifton, N.J.)
    “This important legislation, particularly the provision to double the maximum 7(a) loan amount for small manufacturers from $5 million to $10 million, will play a crucial role in fostering growth, expanding manufacturing capabilities, reshoring jobs to the US. I believe that this bill will provide the necessary capital injection to help small businesses like mine scale operations, compete effectively in the global market, and contribute to rebuilding U.S. supply chains,” said Martin Di Battista, President.
    IngniteLI, The Manufacturing Consortium of Long Island (Hauppauge, N.Y.)
    “On behalf of Ignite Long Island, which represents more than 3,200 manufacturing companies across Suffolk and Nassau Counties, I want to express strong support for the bipartisan proposal to increase the SBA 7(a) loan cap from $5 million to $10 million. This change would directly benefit small and mid-sized manufacturers in our region – many of whom face growing capital needs as they invest in equipment, workforce, and facility upgrades to remain competitive in today’s economy. Raising the 7(a) loan threshold would unlock greater access to flexible, long-term financing for expansion, automation, reshoring, and defense readiness – all of which are key priorities for Long Island’s industrial base,” said Jamie Moore, President. 
    Marotta Controls (Montville, N.J.)
    “Marotta Controls encourages the Congress and the Administration to raise the SBA manufacturing loan limit to $10 Million. This would enable Marotta Controls to meaningfully increase our manufacturing capacity to support the Defense Industrial Base (DIB),” said Patrick Marotta, President and Chief Executive Officer.
    Sly Drinks (Phoenix, Ariz.)
    “America wants to build manufacturing here. If the Administration wants to build manufacturing facilities, then we need the SBA to raise the cap from 5M to 10M, reduce the equity requirements for the SBA loans on small business owners, and help small businesses like ours build manufacturing in America right here and now, and for future generation,” said Dr. Amy Czyz, Co-Founder.
    Long Island Bio (Bayport, N.Y.)
    “We at Long Island Bio, which represents the Pharmaceutical, Biotechnology, Nutraceutical, and Medical Device manufacturers of Long Island, express strong support for the bipartisan proposal to increase the SBA 7(a) loan cap from $5 million to $10 million. Raising the 7(a) loan threshold would unlock greater access to flexible, long-term financing for expansion, automation, reshoring, and training – all of which are key priorities for our industry segment, and all of Long Island’s industrial base,” said Tom Mariner, Executive Director.
    GSE Dynamics (Hauppauge, N.Y.)
    “GSE Dynamics, a federally certified woman owned small business fully supports the bipartisan bill – Made in America Manufacturing Finance Act of 2025. Revitalizing manufacturing is a bipartisan issue – if we all agree on strengthening US manufacturing then we can strengthen our national security, and we strengthen our middle class.”
    Beauty Society (North Las Vegas, Nev.)
    “As a company that proudly manufacturers our products in the United States, we believe strongly in the power of domestic production – not only as a means to ensure product quality and supply chain control, but also as a strategic advantage over competitors that primarily rely on imported goods. The proposed shift from $5 million to $10 million in loan guarantees would be a transformative change – one that could accelerate growth for small- and mid-sized manufacturers across the country,” said Jeannie Lorin, Founder and CEO.
    Polk & Associates Construction (Brentwood, Tenn.)
    “The reality of scaling a construction or manufacturing firm requires significant capital for equipment, materials, skilled labor and the working capital that allows us to execute contracts on time and with excellence. Raising the SBA loan limit to $10 million would unlock new potential for us and many others across the country. It would remove one of the more persistent barriers to growth, access to affordable capital, and create sustainable cash flow that supports scaling operations, hiring more workers, and investing in innovation,” said Reggie Polk, President and CEO.  
    L & H Industrial (Gillette, Wyo.)
    “We strongly support the increase in SBA loan guarantees from $5 million to $10 million. This shift will allow manufacturers to confidently invest in reshoring operations, scale advanced capabilities, and bring more jobs and production back home. Access to capital remains one of the most critical levers in rebuilding America’s industrial base” said Mike Wandler, President and CEO.
    Kinematica USA (Bohemia, N.Y.)
    “As a proud small business owner providing technology to Pharma, Food and Cosmetic Industries, I fully support the Made in America Manufacturing Finance Act and the proposed increase in SBA 7(a) and 504 loan limits from $5 million to $10 million. This legislation sends a strong and timely message: America is serious about rebuilding its manufacturing base and empowering entrepreneurs to invest boldly in our domestic future,” said Andreas Niens, Chief Visionary Officer.  
    LV Iron & Steel (Sunrise Manor, Nev.)
    “We were very encouraged by the discussion around the increase in lending limits, moving from $5 million to $10 million, and the potential this holds for the continued growth of our steel business and our forthcoming expansion. We anticipate that this increased access to capital and other valuable SBA resources designed to support cash flow and foster growth will be instrumental in propelling our business forward,” said Traci Aguilar, Founder.

    MIL OSI USA News

  • MIL-OSI USA: Ernst Names Small Business of the Week, Acorn Bluff Farms

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    Published: June 23, 2025

    Throughout this Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties.

    RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, today announced her Small Business of the Week: Acorn Bluff Farms of Louisa County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties.
    “Since 2016, Acorn Bluff Farms has proven they have the chops to deliver premium pork products directly to folks across Iowa,” said Chair Ernst. “The Todd brothers are truly bringing home the bacon with their signature Mangalitsa pork, which continues to earn high praise for its exceptional quality.”
    In 2016, Seth Todd – who was serving active duty in the Marine Corps – and his brother, Kenan, established Acorn Bluff Farms on a 200-year-old homestead farm in Columbus Junction. The brothers raise Mangalitsa pigs – a prized breed known for their rich fattiness and complex flavor profile, earningtheir title, the Kobe of pork. From farmers markets to an online storefront managed by their brother, Jared, Acorn Bluff Farms offers boar sausage, chorizo, bacon, and pork chops, in addition to variety boxes and sampler packs. The family-run and veteran-owned operation continues to grow by delivering high-quality, locally raised pork across Iowa and the nation.
    Stay tuned as Chair Ernst recognizes more Iowa small businesses across the state with her Small Business of the Week award.

    MIL OSI USA News

  • MIL-OSI Canada: Recapture of Inmate from Archambault Institution – Minimum-Security Unit

    Source: Government of Canada News (2)

    June 23, 2025 – Sainte-Anne-des-Plaines, Quebec – Correctional Service Canada

    At approximately 3:40 p.m. on June 23, 2025, inmate Richard Plourde was apprehended by the Sûreté du Québec.

    This inmate had been unlawfully at large from the minimum-security unit at Archambault Institution, since June 22, 2025.

    Ensuring the safety and security of its institutions, staff, and the public remains our highest priority in the operation of the federal correctional system.

    The Correctional Service of Canada is conducting an investigation into the circumstances surrounding the incident.

    – 30 –

    MIL OSI Canada News

  • MIL-OSI USA: Senator Coons, Ranking Member Shaheen statement on Iranian missile strikes

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons

    THE HAGUE – Today, U.S. Senators Jeanne Shaheen (D-NH), Ranking Member of the Senate Foreign Relations Committee, and Chris Coons (D-DE) issued the following statement after reports that Iran had launched missiles at U.S. military bases in Qatar and across the Middle East in response to American military operations in Iran this weekend. Ranking Member Shaheen and Senator Coons are leading a congressional delegation to the NATO Summit in the Netherlands this week:

    “The conflict between Israel and Iran has escalated to now include active U.S. involvement. We continue to urge the Administration to take immediate action to protect U.S. forces and diplomats, their family members and all Americans abroad. There should be no higher priority. President Trump also needs to contain this conflict before more Americans are endangered. 

    “Congress is now on Day 10 of not receiving any formal briefing from the Administration or having any information to provide Americans who are in harm’s way. We must be informed immediately of any further planning. As we represent Congress at the NATO Summit in the Netherlands, our allies in Europe and partners in the Middle East who have extensive experience with Iran continue to urge for restraint. Now is the time for de-escalation and diplomacy.”

    MIL OSI USA News

  • MIL-OSI USA: Bacon Issues Statement on Iran/Israel Situation

    Source: United States House of Representatives – Congressman Don Bacon (2nd District of Nebraska)

    Bacon Issues Statement on Iran/Israel Situation

    Washington, June 23, 2025

    Bacon Issues Statement on Iran/Israel Situation

    Washington – Rep. Don Bacon (NE-02) issued the following response regarding the Iran/Israel situation:

    “Iran should have taken the denuclearization deal when President Trump offered it.  As we saw over the weekend, they are unwise to continue testing the President’s resolve and today’s strikes on US bases in the region are another miscalculation. Since 1979 the Islamic Republic of Iran has been responsible for the deaths of more than 900 Americans and runs the largest terror organization in the world.  I fully support President Trump’s actions to put an end to their four-decade campaign of bloodshed against the United States and the State of Israel.” 

    ###

    MIL OSI USA News

  • MIL-OSI USA: CONGRESSWOMAN PLASKETT CELEBRATES HOUSE PASSAGE OF BIPARTISAN LEGISLATION TO ESTABLISH TRANS-ATLANTIC SUBMARINE FIBER OPTIC CABLE

    Source: United States House of Representatives – Congresswoman Stacey E. Plaskett (USVI)

    For Immediate Release                             Contact: Tionee Scotland 

    June 23, 2025                                                    202-808-6129 

    PRESS RELEASE 

    CONGRESSWOMAN PLASKETT CELEBRATES HOUSE PASSAGE OF BIPARTISAN LEGISLATION TO ESTABLISH TRANS-ATLANTIC SUBMARINE FIBER OPTIC CABLE 

    Washington, DC – This week, Congresswoman Plaskett’s (D-VI-AL) HR 1737, the “DiasporaLink Act”, passed through the House of Representatives by voice vote. The Bill, re-introduced in March with her Republican colleague Congressman Russ Fulcher (R-ID-1), requests an assessment of the value, cost, and feasibility of developing a Trans-Atlantic submarine fiber optic cable which will connect the East coast of the United States, via the United States Virgin Islands, with Nigeria and Ghana.  

    “I am pleased to see the passage of this legislation known as the ‘DiasporaLink Act’ through the House. This bill represents an opportunity to establish high-speed internet connection to Africa and throughout the Caribbean from American soil, which will enhance America’s national security data and communication interests in the regions. In the legislation, this TransAtlantic submarine fiber optic cable will intersect in the U.S. Virgin Islands. The DiasporaLink Act is envisioned as both a national security instrument and a digital commerce expressway to boost America’s global, political, economic, and military advantages and influences. This act will ensure the region is not forgotten as it confronts increasing regional political instability and transnational criminal activity,” stated Congresswoman Stacey E. Plaskett. 

    “Thank you to Congressman Fulcher for his continued support of this legislation as well as Energy & Commerce Committee Ranking Member Frank Pallone (D – New Jersey) and Energy & Commerce Committee Chair, Republican Congressman Brett Guthrie (KY) for their stewardship of this initiative.  

    “The passage of this bill through the House of Representatives is a significant step in the legislative process. Legislation does not become law until passed by the House, passed by the Senate, then signed by the President. I am hopeful this measure will be considered Senate in short order,” shared Congresswoman Stacey Plaskett.

    Background: 

    Presently, there is no direct fiber optic link between the US and the continent of Africa. Africa is increasingly an area that presents dynamic economic opportunity for our country as well as national security challenges that must be addressed. The Virgin Islands is strategically positioned in the transit zones to fight transnational crime and protect U.S. national and regional security in the Caribbean as well as be a safe hub for optic between the 2 continents. The TransAtlantic submarine fiber optic cable network’s strategic location makes DiasporaLink a “Digital Safe Harbor” under the U.S. flag. This service will provide African and Caribbean submarine operators and Internet Service Providers (ISPs) a clear channel to U.S. financial and business centers. In addition, undersea cables have significant strategic importance and an estimated 400 of them carry approximately 98 percent of international internet data as well as telephone traffic around the world. Many are owned and operated by U.S. companies — helping reinforce U.S. dominance over the internet while giving a sense of security to the U.S. and its allies that may be concerned about sabotage or surveillance. Having the hub in the U.S. Virgin Islands is a significant 21st century paradigm shift; it allows our islands’ advantages, many of which have been used for the benefit of other world powers (i.e. the VI’s geostrategic location), to be utilized for the benefit of our people. DiasporaLink in the USVI will make it a hub for commerce in the global digital economy and will stimulate high tech job opportunities for Virgin Islanders and attract digital users to the territory. 

    In the 118th Congress, this legislation passed through the House Energy & Commerce Committee with unanimous support, passed the House of Representatives and was sent on to the Senate. The Office of Congresswoman Plaskett is working with the Senate to facilitate passage in that Chamber. 

    MIL OSI USA News

  • MIL-OSI: Matador Technologies Receives Conditional Approval for Change of Business

    Source: GlobeNewswire (MIL-OSI)

    Key Highlights

    • TSX Venture Exchange grants conditional approval for Matador’s Change of Business (“COB”) to a hybrid “Technology / Investment” issuer, subject to the Company satisfying the TSXV’s requirements and conditions.
    • Enables Matador to operate as a pure Bitcoin Ecosystem Company with a focus on holding, acquiring, and investing in Bitcoin and digital asset ventures, assuming that the Company obtains TSXV final approval of the COB.
    • Unlocks ability to scale Bitcoin treasury strategy, deploy capital into the Bitcoin ecosystem, and expand globally, assuming that the Company obtains TSXV final approval of the COB and obtains TSXV approval to expand globally.
    • Positions Matador to proceed with its proposed investment in HODL Systems, one of India’s first digital asset treasury companies, assuming that the Company obtains TSXV conditional approval with respect to this investment.

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3), is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the “TSXV”) to complete its previously announced Change of Business (“COB”) to a hybrid “Technology / Investment” issuer, as defined under TSXV policies, subject to the Company satisfying TSXV requirements and conditions. The Company expects to close the COB on or about July 4, 2025.

    Assuming that the Company satisfies TSXV requirements and conditions respecting the COB, Matador will be able to expand its business model to include activities consistent with its investment policy and TSXV regulations, including the acquisition and management of Bitcoin and investments in Bitcoin-related technologies and infrastructure. The new structure provides the Company with greater operational flexibility within the digital asset sector. “This marks an important milestone on our journey,” said Deven Soni, Chief Executive Officer of Matador Technologies. “With conditional approval in place, we are one step closer to advancing our Bitcoin treasury strategy and supporting Bitcoin-native innovation globally—subject to final TSXV approval.”

    What the Change of Business Enables

    Assuming that the Company obtains TSXV final approval of the COB, Matador will be able to:

    • Advance its Bitcoin accumulation strategy, applying a structured approach as a public issuer;
    • Make equity investments in Bitcoin-focused businesses and technologies including custody, mining, tokenization, and related infrastructure;
    • Continue developing its Digital Gold platform, beginning with its “Grammies” product line, which links physical gold to inscriptions on the Bitcoin blockchain;
    • Deploy capital in selected international markets such as India, where digital asset usage and gold demand are well-established;
    • Operate with expanded flexibility across the Bitcoin ecosystem.

    The Change of Business is subject to the receipt of shareholder approval and final TSXV approval and the filing of customary documentation. A filing statement in respect of the Change of Business has been filed on SEDAR+ at www.sedarplus.ca under the Company’s profile.

    Unlocking the India Opportunity

    Assuming that the Company obtains TSXV final approval of the COB and conditional approval of the HODL Systems (“HODL”) investment transaction, Matador will be able to increase its exposure to the global digital asset ecosystem. Under the terms of the LOI, Matador will commit to a share warrant structure that could provide the Company with up to a 24% ownership stake in HODL Systems, assuming full exercise of the warrants.

    This investment will anchor Matador’s entry into India—one of the world’s fastest-growing markets for technology, gold, and digital assets. With a median population age under 30, mobile-first adoption patterns, and the world’s largest private gold market, India is an ideal jurisdiction for Matador to scale both its Digital Gold product and its digital asset native treasury strategy. HODL Systems mirrors Matador’s thesis by implementing a digital asset balance sheet strategy and offering a gateway to license Matador’s infrastructure across the Indian subcontinent.

    “We believe HODL Systems reflects the kind of infrastructure-driven Bitcoin strategy we are seeking to support,” said Mark Moss, Chief Visionary Officer at Matador. “Subject to regulatory approval, this investment would support Matador’s entry into one of the most active markets for digital assets globally.”

    The investment in HODL remains subject to TSXV approval.

    Building a Global Bitcoin Ecosystem Company

    Matador’s proposed model is influenced by other public issuers such as Metaplanet Inc., a Japanese company that has implemented a Bitcoin treasury model. Metaplanet has pursued capital formation and Bitcoin acquisition strategies within a regulated public market framework in Japan, where institutional interest in Bitcoin is growing and monetary policy remains highly accommodative.

    Matador sees parallels between these conditions and those emerging in India, where inflationary pressures, a growing appetite for alternative assets, and increasing regulatory clarity around digital assets are driving renewed interest in Bitcoin as a store of value. Additionally, India’s robust technology sector and expanding capital markets create favorable conditions for a Bitcoin-aligned corporate strategy. Subject to final TSXV approval, Matador intends to pursue a similar approach in select jurisdictions, including India, where it can responsibly support Bitcoin-native companies and infrastructure development.

    “This conditional approval is a key milestone in our plan to hold and invest in Bitcoin as part of our corporate treasury strategy,” said Deven Soni, Chief Executive Officer of Matador Technologies. “Subject to final TSXV approval, it brings us closer to allocating capital to companies building core infrastructure across the Bitcoin ecosystem.”

    Strategic Advisors Supporting Execution

    To support this next phase of growth, Matador recently formed a Strategic Advisory Board composed of industry leaders with deep expertise in Bitcoin, gold, and global capital markets. The Strategic Advisory Board includes:

    • David Bailey, CEO of BTC Inc., General Partner at UTXO Management, LLC and founding partner of Bitcoin-focused holding company Nakamoto. Bailey brings significant experience from his leadership of Bitcoin for Corporations—a platform developed in partnership with MicroStrategy—and his early involvement in Metaplanet’s Bitcoin strategy in Japan.
    • Brad Mills, a Bitcoin entrepreneur and investor known for his active role in early-stage Bitcoin infrastructure and digital asset investments.
    • Dave Forestell, a legal and regulatory executive with deep expertise in natural resources, public markets, and policy. He chairs the Alcohol and Gaming Commission of Ontario and previously led iGaming Ontario.

    These advisors provide Matador with a unique blend of strategic insight—combining institutional knowledge of Bitcoin capital markets, legacy gold infrastructure, and cross-border regulatory frameworks.

    For additional information, please contact:

    Media Contact:
    Sunny Ray
    President
    Email: sunny@matador.network
    Phone: 647-496-6282

    About Matador Technologies Inc.

    Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF, FSE: IU3) is a publicly traded Bitcoin ecosystem company focused on holding Bitcoin as its primary treasury asset and building products to enhance the Bitcoin network. Matador’s strategy combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, with a focus on driving long-term shareholder value while maintaining capital efficiency.

    Matador has recently expanded its global footprint by investing in HODL Systems, one of India’s first digital asset treasury companies, securing up to a 24% ownership stake. This investment strengthens Matador’s position as a leading Bitcoin treasury company and underscores its commitment to the worldwide adoption of Bitcoin as a reserve asset.

    With a Bitcoin-first strategy, and a clear focus on innovation, Matador is shaping the future of financial infrastructure on Bitcoin.

    Visit us online at https://www.matador.network/.

    Cautionary Statement Regarding Forward-Looking Information

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

    Forward-Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy, receipt of regulatory and shareholder approvals, and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network

  • MIL-OSI: Acceleware Announces Strategic Collaboration and Distribution Agreement with Scovan

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 23, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of cutting-edge radio frequency (RF) power-to-heat technologies targeting process heat for critical minerals, amine regeneration (for carbon capture and other applications), and enhanced oil production, is pleased to announce a strategic collaboration and distribution agreement (“The Agreement”), with Scovan. Scovan is an industry leader specializing in innovation and expertise for energy sector projects by providing engineering, procurement, complete fabrication, construction and construction management services (EPFC).

    This Agreement supports Acceleware’s broader strategy to rapidly evolve the Company from research and development to a cash flow generating business. It is also structured such that it could potentially expedite successful commercialization immediately upon demonstrated success with the Company’s next RF XL 2.0 project.

    Among other terms, the Agreement establishes a collaboration that:

    • Appoints Scovan as the exclusive distributor of RF XL in western Canada, once RF XL is commercialized;
    • Provides Scovan as the preferred surface facility engineering and construction partner for RF XL 2.0.
    • Is expected to expedite partnerships and sales both before and after successful commercialization of RF XL 2.0.
    • Uses Scovan’s EPFC expertise to potentially reduce lead time from regulatory approval to cash flow by a year or more.

    Scovan has strong relationships with a large number of heavy oil and oil sands producers and has made bringing innovation to market as commercial solutions a strategic priority, allowing for a quick ramp up from demonstration to multi-well pilot, and then to commercialization and sales. Scovan is a recognized leader in oil sands and heavy oil EPFC.

    The Acceleware team continues to actively look to acquire additional production rights to heavy oil assets in western Canada where they will deploy an RF XL 2.0 demonstration as an enhanced oil recovery method. This initiative provides an opportunity to deploy RF XL in a well-suited reservoir and earn oil production revenues, while offering the potential for multi-well expansion.

    “This partnership is the first of several strategic steps to accelerate RF XL 2.0’s path to market,” said Geoff Clark, CEO of Acceleware. “With the federal government’s ‘One Canadian Economy’ Act placing a clear priority on decarbonized oil, the time to act is now. By engaging Scovan to fast-track commercialization, we aim to demonstrate both the economic viability and emissions-reduction potential of RF XL 2.0 – bringing this breakthrough technology to large-scale deployment within two years, not decades. We strongly believe that this Agreement adds significant value to Acceleware and to our shareholders by increasing our project delivery credibility, and providing strong backing that RF XL 2.0 can deliver for the industry.”

    Added Donovan Nielsen, President of Scovan, “This partnership supports Scovan’s vision of the ‘Facility of the Future’ – one that is more sustainable, more efficient, smaller in footprint, faster to deliver, and more cost-effective. Innovation and calculated risk-taking are essential to unlocking new approaches to oil development and Scovan’s collaboration with Acceleware reflects this mindset. While the technology is still proving its effectiveness in the field, we are excited by its potential and committed to supporting solutions that could reshape how in-situ oil sands extraction is done in the future.”

    About Acceleware:

    Acceleware is an advanced electromagnetic (EM) heating company with cutting-edge radio frequency (RF) power-to-heat solutions for large industrial applications. The Company’s technologies provide an opportunity to electrify and decarbonize industrial process heat applications while reducing costs.

    The Company is working to use its patented and field proven Clean Tech Inverter (CTI) to materially improve the efficiency of amine regeneration, and has partnered with a consortium of world-class potash partners seeking to decarbonize drying of potash ore and other critical minerals. Acceleware is actively developing other process heat applications and partnerships for RF heating.

    Acceleware’s RF XL is a patented low-cost, low-carbon RF thermal enhanced oil production technology for heavy oil that is materially different from any enhanced recovery technique used today.

    Acceleware is a public company listed on the TSXV under the trading symbol “AXE”.

    About Scovan:

    Scovan is a cutting-edge EPFC firm that provides innovative, sustainable services for energy sector projects. Our proven track record, unique approach and turnkey offerings allow us to provide end-to-end solutions, from piloting to full-scale commercial development. Combining past experience, present opportunities, and future vision, we create long-term value for clients. Scovan is your trusted partner, providing you with the confidence and certainty needed for successful developments – A New Energy.

    Cautionary Statements

    This news release contains forward-looking statements and/or forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. When used in this release, such words as “will”, “anticipates”, “believes”, “intends”, “expects” and similar expressions, as they relate to Acceleware, or its management, are intended to identify such forward-looking statements. Such forward-looking statements reflect the current views of Acceleware with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause Acceleware’s actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements. Certain information and statements contained in this news release constitute forward-looking statements, which reflects Acceleware’s current expectations regarding future events, including, but not limited to: the future benefits arising from the Agreement; the Company’s ability to successfully complete commercialization of RF XL 2.0; the potential acquisition by the Company of certain assets, deployment of RF XL 2.0; the initiatives to be implemented by Management to shift the Company’s focus from research and development to cash flow generation; the timing to complete certain milestones in the Agreement; and the impact of the Agreement on Acceleware’s business and shareholder value.

    Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the availability of potential heavy oil production rights in western Canada, the availability of investment capital and other funding, the high degree of uncertainties inherent to feasibility and economic studies which are based to a significant extent on various assumptions; variations in commodity prices and exchange rate fluctuations; variations in cost of supplies and labour; lack of availability of qualified personnel; receipt of necessary approvals; availability of financing for technology and project development; uncertainties and risks with respect to developing and adopting new technologies; general business, economic, competitive, political and social uncertainties; change in demand for technologies to be offered by the Company; obtaining required approvals of regulatory authorities and/or shareholders, as applicable; ability to access sufficient capital from internal and external sources. For a more fulsome list of risk factors please see the Company’s December 31, 2024, year-end Management Discussion and Analysis (“MD&A”) available on SEDAR+ at www.sedarplus.ca.

    Management of the Company has included the above summary of assumptions and risks related to forward-looking statements provided in this release to provide shareholders with a more complete perspective on the Company’s current and future operations and such information may not be appropriate for other purposes. The Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements included in this news release should not be read as guarantees of future performance or results. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

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

    This press release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    For more information:
    Geoff Clark
    Tel: +1 (403) 249-9099
    geoff.clark@acceleware.com

    The MIL Network

  • MIL-OSI: Blue Foundry Bancorp Announces Adoption of Sixth Stock Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    RUTHERFORD, N.J., June 23, 2025 (GLOBE NEWSWIRE) — Blue Foundry Bancorp (the “Company”) (NASDAQ: BLFY), announced that the Company’s Board of Directors has authorized the adoption of its sixth stock repurchase program to repurchase up to 1,082,533 shares of the Company’s common stock, which is approximately 5% of its outstanding common stock. The new program commenced on June 20, 2025.

    Since announcing its first stock repurchase program on July 20, 2022, through the completion of the fifth stock repurchase program, the Company has repurchased 7,798,723 shares, or 27.3% of its common shares, at a weighted average price of $10.09. The Company’s tangible book value per share was $14.81 as of March 31, 2025.

    The repurchase program permits shares to be repurchased in open market or private transactions, through block trades or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The timing and amount of any repurchases will depend on a number of factors, including the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company’s financial performance. Open market purchases will be made in accordance with Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements. The Company is not obligated to repurchase any particular number of shares or any shares in any specific time period.

    James D. Nesci, President and CEO of the Company, remarked that “We are happy to announce our sixth repurchase program. We have been successful in our prior repurchase programs, which have allowed us to repurchase shares at a significant discount to tangible book value. We believe that share repurchases are a prudent use of capital and are pleased to have the strong capital position that allows us the ability to purchase our stock and provide value to our shareholders.”

    About Blue Foundry Bancorp

    Blue Foundry Bancorp is the holding company for Blue Foundry Bank, a place where things are made, purpose is formed, and ideas are crafted. Headquartered in Rutherford NJ, with a presence in Bergen, Essex, Hudson, Middlesex, Morris, Passaic, Somerset and Union counties, Blue Foundry Bank is a full-service, innovative bank serving the doers, movers, and shakers in our communities. We offer individuals and businesses alike the tailored products and services they need to build their futures. With a rich history dating back more than 145 years, Blue Foundry Bank has a longstanding commitment to its customers and communities. To learn more about Blue Foundry Bank visit BlueFoundryBank.com or call (888) 931-BLUE. Member FDIC.

    Forward Looking Statements

    Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements, which are based on certain current assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of the words “may,” “will,” “should,” “could,” “would,” “plan,” “potential,” “estimate,” “project,” “believe,” “intend,” “anticipate,” “expect,” “target” and similar expressions.

    Forward-looking statements are based on current beliefs and expectations of management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: inflation and changes in the interest rate environment that reduce our margins and yields, the fair value of financial instruments or our level of loan originations, or increase in the level of defaults, losses and prepayments on loans we have made and make; general economic conditions, either nationally or in our market areas, that are worse than expected, including potential recessionary conditions, the imposition of tariffs or other domestic or international governmental policies; including potential recessionary conditions, the imposition of tariffs or other domestic or international governmental policies; changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for credit losses; our ability to access cost-effective funding; fluctuations in real estate values and both residential and commercial real estate market conditions; demand for loans and deposits in our market area; our ability to implement and change our business strategies; competition among depository and other financial institutions; adverse changes in the securities or secondary mortgage markets; changes in laws or government regulations or policies affecting financial institutions, including changes in regulatory fees, capital requirements and insurance premiums; changes in monetary or fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board; changes in the quality or composition of our loan or investment portfolios; technological changes that may be more difficult or expensive than expected; a failure or breach of our operational or security systems or infrastructure, including cyber-attacks; the inability of third party providers to perform as expected; our ability to manage market risk, credit risk and operational risk in the current economic environment; changes in consumer spending, borrowing and savings habits; changes in accounting policies and practices, as may be adopted by the bank regulatory agencies, the Financial Accounting Standards Board, the Securities and Exchange Commission or the Public Company Accounting Oversight Board; our ability to retain key employees; the current or anticipated impact of military conflict, terrorism or other geopolitical events; the ability of the U.S. Government to manage federal debt limits; and changes in the financial condition, results of operations or future prospects of issuers of securities that we own.

    Because of these and other uncertainties, our actual future results may be materially different from the results indicated by these forward-looking statements. Except as required by applicable law or regulation, we do not undertake, and we specifically disclaim any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of anticipated or unanticipated events.

    Contact Information

    Elyse D. Beidner
    Investor Relations
    BlueFoundryBank.com
    ebeidner@bluefoundrybank.com
    201-939-5000

    The MIL Network

  • MIL-OSI United Kingdom: UK to deliver on 5% NATO pledge as Government drives greater security for working people

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK to deliver on 5% NATO pledge as Government drives greater security for working people

    Working people will be more secure as the Prime Minister will make a historic commitment at the NATO Summit to spend 5% of GDP on national security.  

    • UK to publish landmark National Security Strategy, to make the UK more secure in an era of radical uncertainty.  
    • Comes as the Prime Minister announces that the UK expects to spend 5% of GDP on national security by the parliament after next.
    • Historic 5% commitment will be made up of both defence spending, wider homeland security and national resilience.
    • Report says it takes a whole of society approach to strengthen national security, creating jobs and opportunities for British people.

    Working people will be more secure as the Prime Minister will make a historic commitment today at the NATO Summit (Tuesday 24 June) to spend 5% of GDP on national security.  

    This pledge to meet the NATO commitment on 5% comes as the government today publishes its National Security Strategy, drawing together all of the security work that has taken place since the General Election, with the relentless pursuit of British interests as its founding principle. 

    Marking a step change with the approach of previous governments, the National Security Strategy directly answers to the concerns of working people, aligning our national security objectives and plans for economic growth in a way not seen since 1945.  

    This will increase investment in security, defence and resilience, delivering jobs, wages and growth for the British people to raise living standards and put more money in working people’s pockets.   

     Prime Minister Keir Starmer said: 

    We must navigate this era of radical uncertainty with agility, speed and a clear-eyed sense of the national interest to deliver security for working people and keep them safe.   

    That’s why I have made the commitment to spend 5% of GDP on national security. This is an opportunity to deepen our commitment to NATO and drive greater investment in the nation’s wider security and resilience.   

    After all, economic security is national security, and through this strategy we will bring the whole of society with us, creating jobs, growth and wages for working people – guided by my Plan for Change.

    The UK has long argued that investment in things like energy security and tackling smuggling gangs is vital to national security. That is reflected in the National Security Strategy and the Spending Review and is now expected to be recognised by NATO. 

    With the new 5% commitment on national security, the UK expects a projected split of 3.5% (core defence) and 1.5% (resilience and security) to be agreed at the NATO summit, with a target date of 2035.

    Under NATO’s new estimate, the UK expects to reach at least 4.1% of GDP in 2027. All Allies will review the trajectory and the balance of spend between defence and wider national resilience in 2029, when NATO next reviews its capability plans.

    The National Security Strategy, with support from academics and other technical experts, reaffirms that the UK must become more competitive and robust in crucial areas like science, education, trade and frontier technology – or risk falling behind. 

    In a more transactional world, the report determines that building our own sovereign, independent capabilities in strategically important areas will reduce our dependency on other nations, support British businesses to grow and shield the British public from strong headwinds in the global economy.

    As this government has said before, the benefits of our increased investment in defence will be felt directly in the pockets of working people. This will extend to good, stable work in communities across the country – from doubling the number of apprentices and creating 9,500 jobs Berkshire by investing £15 billion in our sovereign warhead programme, to delivering 200 new jobs in BAE Systems’ new artillery factory in Sheffield or supporting 800 defence jobs across the country to build up to 7,000 long range missiles for our Armed Forces.

    Drawing our priorities to make the UK more secure and economically prosperous further together, the government’s Industrial Strategy will also invest £86 billion in research and development to drive growth in technologies that will underpin our future economic and military competitiveness.  

    The National Security Strategy is also a call to action that our entire society needs to become more resilient, recognising that national security means more than it used to – from the security of our borders to the health of our economy, from supply chains to food prices and from safety on our streets to the online world.  

    Faced by this reality in a world of increasing ‘grey zone’ threats, we cannot take a piecemeal approach that enhances the security of one part of our critical national infrastructure but leaves gaps elsewhere for our adversaries to exploit. This requires us to fortify in the round our economy, industry, digital communications and transport and energy networks against cyber-attacks and sabotage that we have seen launched against our public services and businesses, causing uncertainty and inconvenience for working people. 

    So, by stepping up we will meet the threats we face, following the clear objectives defined in the National Security Strategy to make every part of the UK more secure and resilient. We will become more unapologetic and systematic in pursuit of our national interests – delivering security for the British people.    

    The National Security Strategy brings together:  

    • Strategic Defence Review 
    • Strategic Security Review   
    • AUKUS Review 
    • Resilience Strategy 
    • China Audit   
    • Industrial and Trade Strategies

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Kenya: Call for bids for provision of scaffolding services

    Source: United Kingdom – Government Statements

    World news story

    Kenya: Call for bids for provision of scaffolding services

    The British High Commission Nairobi is inviting bids for the supply of scaffolding services.

    On behalf of the Secretary of State for the Foreign, Commonwealth & Development Office, the British High Commission (BHC) in Nairobi are seeking the services for the provision of Scaffolding Services at the British High Commission Nairobi. We are therefore looking for a Supplier that has the relevant professional skills, experience, technical resources and financial capability to provide comprehensive scaffolding services.

    Full details on the requirements, including instructions for interested bidders and registration are available via the FCDO’s e-Procurement portal, which requires registration. Registering is quick, easy, free and is the only way in which one is able to review the tender documents

    Competent and financially stable suppliers are invited to access the invitation to tender documents by following these steps:

    1. Open the https://fco.bravosolution.co.uk website, register and sign in
    2. Navigate to provision of Scaffolding Services at the British High Commission Nairobi CPG/12475/2025. ITT 7089. Project 12475

    Contact the Regional Procurement Manager; Thabang.Mokoena@fcdo.gov.uk for any queries. Kindly note that the responses are required to be in English.

    Deadlines

    Please note that the invitation to tender documents should be completed and uploaded on the BRAVOSolution e-Procurement Portal by 13:00 EAT on 14 July 2025.

    Disclaimer

    The BHC reserves the right not to select any service provider and will only reply to the best-suited organisation.

    The BHC will not meet any expenses incurred in preparing your Invitation to tender documents.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Alaskan Wildlife: Observations from the Aleutian Arc Expedition

    Source: US Geological Survey

    As the R/V Atlantis makes its departure from Dutch Harbor and heads south down the Aleutian Islands, the Alaskan wildlife is abundant like no other. The upwelling that occurs along the Aleutian chain makes these waters a highly productive place and as a result, these are prime feeding grounds for marine birds. The rapid fluttering of Tufted Puffins renders these birds unforgettable as they are known for their deep diving, not flying. Nonetheless, puffins remain a fan favorite on board.

    A group of Tufted Puffins taking flight near Bogoslof Island. Image courtesy of The Aleutian Arc: Integrated Exploration of Biodiversity at Priority Benthic Habitats (USGS/BOEM/NOAA/ONR). Photographer: Art Howard. 

    Murres and Northern Fulmars have colonies nearby and soar in the sky in the hundreds, giving the ship an elegant show to watch and an almost insurmountable task of counting them. One could not miss the graceful flying of the many Albatross species living in this area, including the Laysan and Short-Tailed Albatross, with their long wingspans and effortless gliding close to the sea surface. Cormorants and gulls are a few other bird species that have been sighted and added to our life lists! 

    Northern fur seal diving right before Alvin came to surface near Bogoslof Island. Image courtesy of The Aleutian Arc: Integrated Exploration of Biodiversity at Priority Benthic Habitats (USGS/BOEM/NOAA/ONR). Photographer: Sam Schlegel, USGS

    Aside from marine birds, seagoers have found joy in watching Northern Fur Seals. As the human occupied vehicle Alvin was deployed on the second day of the expedition, several fur seals curiously swam around the submersible, diving down and resurfacing every so often to look around. Everyone on deck found delight in this spectacle. On the third day of the cruise, as the science team transited with rough weather, a humpback whale and an orca made appearances to those who were lucky enough to spot them. Needless to say, the Aleutians are home to incredible wildlife and anyone who experiences it will leave in awe of what they saw. 

    Laysan albatross flying near the Islands of Four mountains. Image courtesy of The Aleutian Arc: Integrated Exploration of Biodiversity at Priority Benthic Habitats (USGS/BOEM/NOAA/ONR). Photographer: Art Howard. 

    MIL OSI USA News

  • MIL-OSI USA: Governor Kehoe Announces Appointments to St. Louis City Board of Police Commissioners

    Source: US State of Missouri

    JUNE 23, 2025

     — Today, at a press conference in St. Louis, Governor Mike Kehoe announced his appointments to the citizen-led St. Louis City Board of Police Commissioners. The board, established by the passage of landmark public safety legislation in House Bill (HB) 495, is charged to be the governing body of the St. Louis Metropolitan Police Department (SLMPD).

    “This board represents a renewed commitment to public trust and local oversight,” said Governor Kehoe. “By bringing together respected voices from across the city who support the men and women of the St. Louis Metropolitan Police Department, we are ensuring that public safety efforts reflect the needs, values, and concerns of the people of St. Louis and the department. These appointments mark a significant move toward transparency, collaboration, and a safer future for the city.”

    The six-member board includes the St. Louis City Mayor Cara Spencer, who will participate with full voting authority, four governor-appointed voting members who are residents of the city, and one governor-appointed non-voting commissioner who either resides or owns property in the city.

    Governor Kehoe’s appointments include the following individuals:

    • Brad Arteaga is a successful entrepreneur in St. Louis City, serving as the president and owner of Arteaga Photos Ltd., BAKM LLC., and Arteaga LLC. In addition to his proven track record of managing and growing successful businesses, Arteaga has decades of active leadership and service on multiple civic and community boards including the St. Louis City Judicial Committee, Dismas House of St. Louis, Friends of Frances Park, and more. Arteaga will serve a one-year term as a voting member of the board.
    • Donald “Don” Brown is lifelong St. Louis resident and experienced automotive executive, currently serving as the Dealer Operator of Don Brown Chevrolet. With a career spanning more than four decades, Brown has held leadership roles across multiple dealerships and has been deeply involved in the community through various boards including the 3rd Police District Business Association, the Better Business Bureau, and the Friends of Kids Board of Directors. Brown will serve a four-year term as the non-voting member of the board.
    • Sonya Jenkins-Gray is a nationally recognized human resources executive with more than two decades of leadership experience in both the public and private sectors. She previously served as the director of human resources for the City of St. Louis, overseeing HR operations for more than 5,000 employees. She also previously served on the board of Mound City Bar Foundation and is currently the chairperson for the Progressive National Baptist Convention. Jenkins-Gray will serve a two-year term as a voting member of the board.
    • Edward McVey is a seasoned business owner and operator of Maggie O’Brien’s Restaurant and Irish Pub in St. Louis, where he has led operations since 2008. With expertise in contract negotiation, strategic planning, and team leadership, McVey has built a strong track record of business development and community engagement. He is active in local organizations including the St. Patrick’s Center and the St. Louis Boys and Girls Club. McVey will serve a three-year term as a voting member of the board.
    • Chris Saracino is the owner-operator of Bartolino’s Hospitality Group, which includes several full-service restaurants across the city. He is also the co-founder of Campbell Security and Services Group, serving households and communities throughout Missouri. Saracino has held several leadership roles with the Hill Business Association, The Hill 2000 Neighborhood Association, and the St. Louis Regional Sports Authority. He also prioritizes community service as an active member of several charitable organizations including the Kiwanis Club of St. Louis City and the Italian Open Charities. Saracino will serve a four-year term as a voting member of the board.

    The board will begin work immediately, with the assistance of Transition Director Derek Winters, to ensure an orderly and responsible implementation period, without disruption to residents of the city and commissioned and civilian personnel of the SLMPD. During the implementation period, the commissioners will work to determine the board’s policies for meetings and bylaws and begin their work in overseeing the Chief of Police and the department’s policies, contracts, assets, and budgets. The day-to-day operations of the department will remain under the leadership of the Chief of Police.

    All media inquiries related to the board may now be directed to the SLMPD, at media@slmpd.org. A webpage with headshot photos for the board is forthcoming.

    For more information on the roles and responsibilities of the St. Louis City Police Board of Commissioners, as designated in HB 495, click here.

    ###

    MIL OSI USA News

  • MIL-OSI Security: U.S. Marshals in FL Arrest Man Wanted in TN on 32 Counts of Abuse of Minors

    Source: US Marshals Service

    Tampa, FL – The U.S. Marshals Florida Caribbean Regional Fugitive Task Force – Tampa Office, acting on a collateral lead from the USMS Smoky Mountains Fugitive Task Force in Eastern Tennessee, June 19 arrested in Florida a man wanted in Tennessee on 32 felony counts of sexual abuse and exploitation of three Blount County juvenile minors.

    Giovannie Torres, 30, of Tampa, was arrested at his home on a 32-count indictment including the following charges issued by the Blount County Sheriff’s Office:

    • Continuous sexual abuse of a child (1 count)
    • Sexual exploitation of a minor by electronic means (13 counts)
    • Especially aggravated sexual exploitation of a minor (5 counts)
    • Aggravated sexual exploitation of a minor (4 counts)
    • Unlawful exposure (1 count)
    • Sexual exploitation of a minor (3 counts)
    • Sale, loan, or exhibition of material to minors (1 count)
    • Aggravated stalking (2 counts)
    • Harassment (2 counts)

    Torres is scheduled to be extradited to Tennessee within 30 days to face his charges in Blount County. 

    The BCSO Investigation unit began an inquiry into Torres in late December 2024 when three female juvenile victims (two 14-year-olds and one 13-year-old) came forward with information that an individual they believed was a male juvenile befriended them on Snapchat. That individual then began coercing the girls into sending him inappropriate photos and videos. When the victims refused, the suspect threatened them by telling them he knew where they lived and that he would release the photos and videos publicly if they didn’t continue communications with him. He also mailed inappropriate materials to one of the victims. Using a series of investigative techniques, the Blount County Sheriff’s investigator identified Torres as the perpetrator of these crimes as well as tied him to victims in other states.

    With the help of the U.S. Marshals Eastern District of Tennessee Smoky Mountains Fugitive Task Force in coordination with the U.S. Marshals Florida Caribbean Regional Fugitive Task Force – Tampa, Torres was arrested on the 32 charges earlier this year, however, a Florida judge released Torres with no bond conditions or instructions to report to Tennessee. After his release, Torres began communications with other victims outside of Tennessee. 

    The U.S. Marshals Service – FCRFTF took Torres into custody Friday evening.

    Law enforcement authorities urge parents to monitor their children’s online activity. 

    MIL Security OSI

  • MIL-OSI Security: U.S. Marshals-led Missing Child Operation in Middle Florida Results in Recovery of 60 Children

    Source: US Marshals Service

    Tampa, FL – The U.S. Marshals Service Middle District of Florida, in conjunction with a vast array of partners, led missing child operation in June that resulted in the recovery or safe location of 60 critically missing children from across Hillsborough, Pinellas, and Pasco counties.

    Operation DRAGON EYE, the product of a multidisciplinary task force of federal, state, and local government agencies, as well as social service entities, the medical community, and non-governmental organizations planning and executing a two-week initiative geared to recover or safely locate the most critically missing youth, has been deemed the most successful missing child operation in USMS history. The USMS defines “critically missing” children as those at risk of crimes of violence or those with other elevated risk factors such as substance abuse, sexual exploitation, crime exposure, or domestic violence.

    This operation had three primary objectives: recover critically missing youth, provide them with essential services including appropriate placement, and to deter bad actors exploiting missing child vulnerabilities.

    DRAGON EYE resulted in eight arrests, including charges of human trafficking, child endangerment, narcotics possession, and custodial interference.

    Recovered children were provided with medical resources, nourishment, social services, and child advocates. Operation DRAGON EYE child welfare and social service partners said they are proud of this operation’s achievements.

    “I have to curtail my enthusiasm because of the sensitivity of the victims involved in this operation, but the successful recovery of 60 missing children, complemented with the arrest of eight individuals, including child predators, signifies the most successful missing child recovery effort in the history of the United States Marshals Service; or to my knowledge, any other similar operation held in the United States,” said William Berger, U.S. Marshal for the Middle District of Florida. “The unique part of this operation was the fact that underaged critically missing children ranging from age 9 to 17 were not only recovered but were debriefed and provided with physical and psychological care. This operation further included follow-up assistance in hopes that these youth will not return to the streets to be further victimized.”

    USMS law enforcement partners played essential roles in the success of Operation DRAGON EYE, and include the following agencies: Florida Attorney General’s Office, Florida Department of Law Enforcement, Florida Department of Children and Families, Florida Department of Juvenile Justice, Hillsborough County Sheriff’s Office, Pasco Sherriff’s Office, Pinellas County Sheriff’s Office, St. Petersburg Police Department, Tampa Police Department, BayCare, Bridging Freedom, Bridges of Hope, Children’s Home Network, Children’s Network of Hillsborough County, Family Support Services Pasco Pinellas Counties, More Too Life, National Center for Missing & Exploited Children, and Redefining Refuge.

    “The success of Operation DRAGON EYE is a testament to what’s possible when agencies unite with a shared mission to protect children,” said Callahan Walsh, Executive Director, National Center for Missing & Exploited Children. “We’re proud to have supported the U.S. Marshals Service and our partners in Florida to recover these missing children and provide critical support to those who need it most. NCMEC is honored to stand alongside these teams and will continue working tirelessly to help make sure that every child has a safe childhood.”

    The Justice for Victims of Trafficking Act of 2015 enhanced the USMS discretionary authority to assist other law enforcement agencies with the recovery of missing, endangered or abducted children, regardless of whether a fugitive or sex offender was involved. The U.S. Marshals have a Missing Child Unit to oversee and manage the implementation of its enhanced authority under the act. Upon request, the Marshals assist other law enforcement agencies with the recovery of “critically missing children,” who have gone missing under circumstances that indicate an elevated risk to the child. Since 2015, when the Marshals received enhanced authority under the act, the agency has located or recovered more than 3,967 missing children. The U.S. Marshals have located or recovered missing children in 66 percent of cases received. Of those recovered, 61 percent were found within seven days. The U.S. Marshals are leading the way in a nationwide effort to rescue and recover missing and exploited children, thereby aiding in the prevention of human trafficking.

    MIL Security OSI