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Category: KB

  • MIL-OSI Europe: Come on in, the water’s safe!

    Source: European Union 2

    Press releasePublished 20 Jun 2025

    Imagephoty by Karli Cumber on Unsplash

    From Europe’s coastal waters to its inland bathing sites, a large majority of Europe’s waters are safe to swim in, according to the latest European bathing water assessment for the 2024 bathing season, published today. It found that over 85% of monitored locations met the European Union’s most stringent ‘excellent’ bathing water quality standards last year, while 96% of all officially identified bathing waters in the EU met the minimum quality standards.

    The assessment and the interactive map, put together by the European Environment Agency (EEA) in cooperation with the European Commission, highlight where swimmers can find well managed bathing sites in Europe. The assessment inspects water suitability for bathing, focusing on monitoring bacteria which can cause potentially serious illnesses.

    Overall, over 22,000 bathing water sites across all 27 EU Member States, plus Albania and Switzerland were assessed. In five countries — Cyprus, Bulgaria, Greece, Austria and Croatia — 95% or more of bathing waters were of excellent quality. Only 1.5% of the EU’s bathing waters were found to be of poor quality.

    The quality of coastal bathing waters is generally better than that of rivers and lakes. In 2024, around 89% of coastal bathing waters in the EU were classified as excellent, compared with 78% of inland bathing waters.

    Enjoying time at the beach or swimming in lakes and rivers is for many a symbol of holidays and relaxation, as we look forward to the approaching summer. The results published today show that Europeans can confidently bathe in the vast majority of the EU’s bathing sites that meet the EU’s bathing quality standards. I am committed to continuing to work to ensure high quality water for people and the environment, as part of our EU Water Resilience Strategy.

    Jessika Roswall,
    Commissioner for Environment,
    Water Resilience and a Competitive Circular Economy

    We can all be glad that a vast majority of our bathing waters are clean enough to swim in. This is thanks to systematic work under EU rules which has steadily improved the health of our waters. It shows that monitoring and coordination at the European level benefits every one of us. Of course, there is more to do to improve the cleanliness of our waters and their resilience to withstand new challenges posed by climate change and over-use.

    Leena Ylä-Mononen,
    EEA Executive Director

    Steady improvements over recent decades

    Bathing water quality in Europe has improved markedly over recent decades largely thanks to EU legislation. The combined effect of systematic bacteriological monitoring pursuant to the EU’s Bathing Water Directive and large investments in urban wastewater treatment plants led to a drastic reduction in pathogens that were previously being released. Thanks to these continued efforts, bathing is now also possible in many urban areas.

    While most of Europe’s bathing waters are in excellent condition from a bacteriological perspective, chemical pollution of surface and groundwaters remains significant and may be exacerbated by the changing climate. Improving water resilience for people and for the environment is therefore crucial.

    Other challenges to water quality like toxic cyanobacterial blooms, which are not part of monitoring prescribed by EU bathing water rules, frequently result in bathing warnings and restrictions.  

    Background

    Overall water quality is monitored and assessed under the EU’s Water Framework Directive and covers a broad spectrum of chemical pollutants in surface and groundwater. Chemical pollutants are not covered by bathing water monitoring even when they exceed legal thresholds that are in place to prevent environmental damage.  

    The assessment for today’s briefing is based on the monitoring of bathing sites across Europe that were reported to the EEA for the 2024 season. This includes sites in all EU Member States, Albania and Switzerland.

    Alongside this year’s Bathing Water Briefing, the EEA has also released an updated interactive map showing the performance of each bathing site. Updated country fact sheets are also available, as well as more information on the implementation of the Directive in assessed countries.

    For more information

    Our latest press releases

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    MIL OSI Europe News –

    June 21, 2025
  • MIL-OSI Europe: Come on in, the water’s safe!

    Source: European Union 2

    Press releasePublished 20 Jun 2025

    Imagephoty by Karli Cumber on Unsplash

    From Europe’s coastal waters to its inland bathing sites, a large majority of Europe’s waters are safe to swim in, according to the latest European bathing water assessment for the 2024 bathing season, published today. It found that over 85% of monitored locations met the European Union’s most stringent ‘excellent’ bathing water quality standards last year, while 96% of all officially identified bathing waters in the EU met the minimum quality standards.

    The assessment and the interactive map, put together by the European Environment Agency (EEA) in cooperation with the European Commission, highlight where swimmers can find well managed bathing sites in Europe. The assessment inspects water suitability for bathing, focusing on monitoring bacteria which can cause potentially serious illnesses.

    Overall, over 22,000 bathing water sites across all 27 EU Member States, plus Albania and Switzerland were assessed. In five countries — Cyprus, Bulgaria, Greece, Austria and Croatia — 95% or more of bathing waters were of excellent quality. Only 1.5% of the EU’s bathing waters were found to be of poor quality.

    The quality of coastal bathing waters is generally better than that of rivers and lakes. In 2024, around 89% of coastal bathing waters in the EU were classified as excellent, compared with 78% of inland bathing waters.

    Enjoying time at the beach or swimming in lakes and rivers is for many a symbol of holidays and relaxation, as we look forward to the approaching summer. The results published today show that Europeans can confidently bathe in the vast majority of the EU’s bathing sites that meet the EU’s bathing quality standards. I am committed to continuing to work to ensure high quality water for people and the environment, as part of our EU Water Resilience Strategy.

    Jessika Roswall,
    Commissioner for Environment,
    Water Resilience and a Competitive Circular Economy

    We can all be glad that a vast majority of our bathing waters are clean enough to swim in. This is thanks to systematic work under EU rules which has steadily improved the health of our waters. It shows that monitoring and coordination at the European level benefits every one of us. Of course, there is more to do to improve the cleanliness of our waters and their resilience to withstand new challenges posed by climate change and over-use.

    Leena Ylä-Mononen,
    EEA Executive Director

    Steady improvements over recent decades

    Bathing water quality in Europe has improved markedly over recent decades largely thanks to EU legislation. The combined effect of systematic bacteriological monitoring pursuant to the EU’s Bathing Water Directive and large investments in urban wastewater treatment plants led to a drastic reduction in pathogens that were previously being released. Thanks to these continued efforts, bathing is now also possible in many urban areas.

    While most of Europe’s bathing waters are in excellent condition from a bacteriological perspective, chemical pollution of surface and groundwaters remains significant and may be exacerbated by the changing climate. Improving water resilience for people and for the environment is therefore crucial.

    Other challenges to water quality like toxic cyanobacterial blooms, which are not part of monitoring prescribed by EU bathing water rules, frequently result in bathing warnings and restrictions.  

    Background

    Overall water quality is monitored and assessed under the EU’s Water Framework Directive and covers a broad spectrum of chemical pollutants in surface and groundwater. Chemical pollutants are not covered by bathing water monitoring even when they exceed legal thresholds that are in place to prevent environmental damage.  

    The assessment for today’s briefing is based on the monitoring of bathing sites across Europe that were reported to the EEA for the 2024 season. This includes sites in all EU Member States, Albania and Switzerland.

    Alongside this year’s Bathing Water Briefing, the EEA has also released an updated interactive map showing the performance of each bathing site. Updated country fact sheets are also available, as well as more information on the implementation of the Directive in assessed countries.

    For more information

    Our latest press releases

    Loading

    MIL OSI Europe News –

    June 21, 2025
  • MIL-OSI United Kingdom: UK-Bahrain agree £2bn investment partnership in huge boost for UK economy

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK-Bahrain agree £2bn investment partnership in huge boost for UK economy

    The UK and Bahrain have signed a partnership agreement which will deliver £2 billion of investment into key growth sectors in a huge boost to the economy.

    • UK has signed a new partnership with Bahrain, which will see £2 billion investment into key growth sectors.
    • Agreement will increase investment in financial services, clean energy, manufacturing and tech – all growth sectors in Government’s modern Industrial Strategy.
    • Business Secretary Jonathan Reynolds: investment is ‘major vote of confidence’ that will increase jobs and create growth across UK as part of the Government’s Plan for Change.
    • UK becomes member of the US-Bahrain Comprehensive Security Integration and Prosperity Agreement which supports economic growth at home.

    The UK government and Bahrain have signed a new investment and collaboration partnership that will unlock £2 billion of investment into Britain, boosting economic growth and driving forward the Government’s Plan for Change.

    The Strategic Investment and Collaboration Partnership (SIP) is double the £1 billion commitment made in 2023 and will focus on investing in key growth sectors including financial services, technology and decarbonisation – as the Government prepares to publish the upcoming modern Industrial Strategy. 

    The Partnership is a sign of a strengthened bilateral relationship with Bahrain and will help create new jobs and boost growth across the UK. It will also provide British companies opportunities to take advantage of Bahrain’s business environment, providing support on innovation, productivity and development in the country. 

    Yesterday [Thursday 19 June], the Prime Minister met with His Royal Highness Crown Prince Salman bin Hamad Al Khalifa, Prime Minister of the Kingdom of Bahrain, where the deal was formally signed.

    At a time of great importance for regional stability both leaders reaffirmed the strength of the relationship between the two countries, as the UK became a full member of the Comprehensive Security Integration and Prosperity Agreement (C-SIPA) after announcing its intention to join in December 2024. This demonstrates the UK’s continued efforts to strengthen security cooperation with key partners in Bahrain and the US and together, to foster long-term regional stability across the Middle East while bolstering economic growth at home through new security and defence partnerships.    

    The UK and Bahrain leaders yesterday reiterated their commitment to defence relations and continuing the already strong cooperation between our Armed Forces and those of the Kingdom of Bahrain. This includes our strong naval partnership, which has seen Bahrain host the UK’s largest naval base outside of the UK and training offered by UK Armed Forces to Bahrain military personnel.  

    Chancellor of the Exchequer Rachel Reeves said:

    In a changing world, Britain is increasingly seen as a place for investment and growth – thanks to the stability we have brought to the economy and our pro-business approach.

    This £2 billion investment into the growth-driving sectors where Britain thrives will create good jobs paying decent wages in all corners of our country, putting more money in people’s pockets as part of our Plan for Change.

    Business and Trade Secretary Jonathan Reynolds said:

    This £2 billion commitment is yet another major vote of confidence in the UK economy, backing the key growth sectors we’ve identified in our upcoming modern Industrial Strategy.

    We have the most open, stable and connected economy in the world – and our Plan for Change will encourage more countries to invest here, delivering long-term growth that supports good, skilled jobs across the country.

    During their visit to the UK, a delegation of Bahraini investors visited growth projects and business in Manchester, Leeds, and Sheffield, in order to explore opportunities to support the UK Government’s growth agenda. 

    This government is committed to driving economic growth, and growing trade and investment with the Gulf is pivotal to this mission, delivering higher wages, supporting increased investment and economic opportunity, and strengthening relationships with important partners. 

    Notes to editors:

    • The UK announced its intention to join C-SIPA during the Minister for the Middle East and North Africa’s visit to Manama in December 2024. UK joins US-Bahrain agreement to build security across the Middle East – GOV.UK

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    Published 20 June 2025

    MIL OSI United Kingdom –

    June 21, 2025
  • MIL-OSI USA: Around the Air Force: AFAS Expands Support, DoD Child Care Initiative, Microreactor Pilot Project

    Source: United States Air Force

    Headline: Around the Air Force: AFAS Expands Support, DoD Child Care Initiative, Microreactor Pilot Project

    In this week’s look Around the Air Force, the Air Force Aid Society announces new aid categories to support DAF families; DoD is expanding child care initiatives to provide more options to military families; and Eielson AFB reaches a groundbreaking milestone for U.S. energy security.

    MIL OSI USA News –

    June 21, 2025
  • MIL-OSI USA: Former JBLM soldier pleads guilty to attempting to share military secrets with China

    Source: US State of California

    A former U.S. Army Sergeant whose last duty post was Joint Base Lewis-McChord (JBLM) in western Washington pleaded guilty today in U.S. District Court in Seattle to two federal felonies, announced Acting U.S. Attorney Teal Luthy Miller. Joseph Daniel Schmidt, 31, pleaded guilty to attempt to deliver national defense information and retention of national defense information. He faces up to ten years in prison when sentenced by U.S. District Judge John C. Coughenour on September 9, 2025.

    According to records filed in the case, Schmidt was an active-duty soldier from January 2015 to January 2020. His primary assignment was at JBLM in the 109th Military Intelligence Battalion. In his role, Schmidt had access to SECRET and TOP SECRET information. After his separation from the military, Schmidt reached out to the Chinese Consulate in Turkey and later, the Chinese security services via email offering national defense information.

    In March 2020, Schmidt traveled to Hong Kong and continued his efforts to provide Chinese intelligence with classified information he obtained from his military service. He created multiple lengthy documents describing various “high level secrets” he was offering to the Chinese government. He retained a device that allows for access to secure military computer networks and offered the device to Chinese authorities to assist them in efforts to gain access to such networks.

    Schmidt remained in China, primarily Hong Kong, until October 2023, when he flew to San Francisco. He was arrested at the airport.

    Attempt to deliver national defense information and retention of national defense information are both punishable by up to 10 years in prison and a $250,000 fine.    

    The FBI investigated the case, with valuable assistance provided by the U.S. Army Counterintelligence Command.

    Assistant U.S. Attorney Todd Greenberg is prosecuting the case, with valuable assistance from the National Security Division’s Counterintelligence and Export Control Section.

    MIL OSI USA News –

    June 21, 2025
  • MIL-OSI Europe: EU calls for greater efforts to protect youngsters’ mental health in digital era

    Source: European Union 2

    The Council is calling on EU countries and the Commission to better protect the mental health of children and adolescents, by promoting the safe and healthy use of digital tools. Inappropriate content, cyberbullying, or excessive screentime currently pose a threat to youngsters’ mental health.

    MIL OSI Europe News –

    June 21, 2025
  • MIL-OSI Security: Former JBLM soldier pleads guilty to attempting to share military secrets with China

    Source: United States Attorneys General

    A former U.S. Army Sergeant whose last duty post was Joint Base Lewis-McChord (JBLM) in western Washington pleaded guilty today in U.S. District Court in Seattle to two federal felonies, announced Acting U.S. Attorney Teal Luthy Miller. Joseph Daniel Schmidt, 31, pleaded guilty to attempt to deliver national defense information and retention of national defense information. He faces up to ten years in prison when sentenced by U.S. District Judge John C. Coughenour on September 9, 2025.

    According to records filed in the case, Schmidt was an active-duty soldier from January 2015 to January 2020. His primary assignment was at JBLM in the 109th Military Intelligence Battalion. In his role, Schmidt had access to SECRET and TOP SECRET information. After his separation from the military, Schmidt reached out to the Chinese Consulate in Turkey and later, the Chinese security services via email offering national defense information.

    In March 2020, Schmidt traveled to Hong Kong and continued his efforts to provide Chinese intelligence with classified information he obtained from his military service. He created multiple lengthy documents describing various “high level secrets” he was offering to the Chinese government. He retained a device that allows for access to secure military computer networks and offered the device to Chinese authorities to assist them in efforts to gain access to such networks.

    Schmidt remained in China, primarily Hong Kong, until October 2023, when he flew to San Francisco. He was arrested at the airport.

    Attempt to deliver national defense information and retention of national defense information are both punishable by up to 10 years in prison and a $250,000 fine.    

    The FBI investigated the case, with valuable assistance provided by the U.S. Army Counterintelligence Command.

    Assistant U.S. Attorney Todd Greenberg is prosecuting the case, with valuable assistance from the National Security Division’s Counterintelligence and Export Control Section.

    MIL Security OSI –

    June 21, 2025
  • MIL-OSI: Maris-Tech Unveils Peridot: A New AI-Powered Observation System for Comprehensive Threat Detection

    Source: GlobeNewswire (MIL-OSI)

    New Solution Combines AI, Thermal Imaging, and Multi-Sensor Stitching to Create a Seamless View for Defense and Security Operations

    Rehovot, Israel, June 20, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)-based edge computing technology, is proud to announce the completion of the first prototype of Peridot – an AI-based passive observation system designed for comprehensive situational awareness.

    Peridot integrates multiple high-definition day and thermal video sensors with advanced stitching algorithms to create a panoramic view, both horizontally and vertically. The result is uninterrupted coverage and early detection of conventional and modern threats, including drones and unmanned vehicles.

    This breakthrough technology is designed for border and strategic site protection, offering a fully integrated, standalone solution to monitor, detect and enable quicker response to aerial and ground-based risks. In addition to its observation capabilities, Peridot can serve as a trigger system for passive or active threat defeating mechanisms – making it an ideal part of layered defense strategies.

    “Peridot represents a significant technological leap and a major milestone for Maris-Tech,” said Israel Bar, Chief Executive Officer of Maris-Tech. “We’re proud of the team that brought this concept to life. As a standalone solution, Peridot positions us higher in the defense technology value chain, and we believe the industry will benefit greatly from its introduction.”

    About Maris-Tech Ltd.

    Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

    For more information, visit https://www.maris-tech.com/

    Forward-Looking Statement Disclaimer

    This press release contains “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, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it discusses the potential capabilities and applications of the Peridot system, including its integration into layered defense strategies, its ability to provide early detection and comprehensive situational awareness and the Company’s belief that Peridot represents a significant technological advancement and will positively impact the defense industry. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations:

    Nir Bussy, CFO
    Tel: +972-72-2424022
    Nir@maris-tech.com

    The MIL Network –

    June 21, 2025
  • MIL-OSI: $HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Verve Therapeutics, Inc. (NASDAQ: VERV)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) — Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Verve Therapeutics, Inc. (NASDAQ: VERV) related to its sale to Eli Lilly. Under the terms of the proposed transaction, Verve shareholders will receive $10.50 per share in cash, plus one non-tradeable contingent value right per share entitling the holder to receive up to an additional $3.00 per share upon the achievement of certain milestones. Is it a fair deal?

    Click here for more info https://monteverdelaw.com/case/verve-therapeutics-inc/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

    June 21, 2025
  • MIL-OSI Africa: President Ramaphosa calls for dialogue amid escalating Israel-Iran tensions

    Source: South Africa News Agency

    President Cyril Ramaphosa has called for dialogue between Israel and Iran, warning that continued conflict will only lead to further devastation and economic fallout across the globe.

    Speaking to members of the media on the sidelines of the 30-year anniversary celebration of the Constitutional Court on Friday, the President expressed grave concern over the escalating tensions in the Middle East, particularly following reports that the United States may join Israel in potential military action against Iran.

    The White House said on Thursday that President Donald Trump would decide on “whether or not to go” with US involvement in the conflict in the next two weeks. 

    Having just returned from the G7 summit in Canada, President Ramaphosa cautioned that the world was entering a dangerous period of heightened geopolitical instability.

    “The world has become a very dangerous place now, with all these conflicts that are flaring up into the destruction of infrastructure and loss of life. 

    “We want to continue calling on all actors that dialogue peace-making is the only way in which to solve problems, the disputes that arise in various parts of the country, including the dispute between Israel and Iran now should be solved through dialogue, and we say that it must happen immediately, without resorting to further air strikes to further bombs,” President Ramaphosa said.

    The President emphasised that continued violence was claiming lives and causing ripple effects across the globe, including here at home.

    “Lives are being lost, and it is actually having a devastating blow on the economies of the world because there is now uncertainty and prices are beginning to rise. We are already suffering from price rises in our fuel… We want the conflict to come to an end,” he said. 

    The President reiterated South Africa’s longstanding foreign policy principle of peaceful resolution through diplomacy, warning that prolonged armed conflict would only deepen global instability. 

    According to reports, Iran and Israel traded strikes overnight, with no signs of de-escalation in their weeklong conflict. Israeli Prime Minister Benjamin Netanyahu said his military’s objective was to strike all of Iran’s nuclear facilities. – SAnews.gov.za

    MIL OSI Africa –

    June 21, 2025
  • MIL-OSI Africa: SAPS intensifies efforts in the fight against GBVF

    Source: South Africa News Agency

    Friday, June 20, 2025

    The South African Police Service (SAPS) is continuing to intensify its efforts in the fight against gender-based violence and femicide (GBVF).

    Over the past week, a total of 201 suspects were arrested for rape in police operations across the country. Of the arrests, 56 were wanted individuals tracked down in various provinces.

    “Among the arrests was that of a man and woman in Bloubergstrand, Western Cape, for the alleged sexual abuse of their daughters, aged three and eight,” the SAPS said in a statement. 

    Police seized multiple electronic devices during their arrest, and they face several charges, including the production of child sexual abuse material (child pornography), rape, sexual assault and sexual grooming.

    More recently, a 24-year-old suspect was arrested by the Family Violence, Child Protection and Sexual Offences (FCS) Unit in Tonga, Mpumalanga on 19 June 2025 following the gang rape of a 27-year-old woman. Investigations into the matter are ongoing.

    Notable convictions include:
    •    On 09 June 2025, the Polokwane High Court sentenced serial rapist Lesley Morwamashobe Mohlala (33) to 222 years’ imprisonment. He was found guilty on multiple counts of rape and aggravated robbery.
    •    The East London High Court sentenced a 42-year-old accused to life imprisonment for the rape of a 13-year-old girl, who became pregnant as a result of the assault.
    •    The Bloemfontein Regional Court sentenced a 51-year-old accused to life imprisonment for raping his niece, who was 10 years old at the time. During sentencing, it emerged that he was on parole for a previous rape conviction at the time of the offence, an aggravating factor that influenced the court’s decision.
    •    On 18 June 2025, the Watervaal Regional Court sentenced a 25-year-old accused from Tshiozwi, Limpopo to life imprisonment for raping his nine-year-old cousin in 2021.

    “The SAPS remains committed to ensuring justice prevails for victims by removing sexual predators from our communities,” the police said. – SAnews.gov.za

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    MIL OSI Africa –

    June 21, 2025
  • MIL-OSI USA: U.S. primary energy production, consumption, and exports increased in 2024

    Source: US Energy Information Administration

    In-brief analysis

    June 20, 2025


    The United States continued to produce more energy than it consumed in 2024. This surplus energy production helped energy exports grow to a record high 30.9 quadrillion British thermal units (quads) in 2024, up 4% from 2023. Energy imports stayed flat at 21.7 quads in 2024, meaning the United States exported 9.3 quads more energy than it imported, the highest net exports in our records, which date back to 1949.


    Energy consumption in the United States totaled 94.2 quads in 2024, remaining below the peak of 99.0 quads set in 2007. Petroleum remained the largest source of primary energy consumption in the United States in 2024, totaling 35.3 quads, about the same as in the three previous years. Natural gas consumption reached an all-time high in 2024 at 34.2 quads, driven by growth in natural gas used for electricity generation.

    Renewable energy consumption increased by 5% to hit a new record of 8.6 quads in 2024, largely due to growth in biofuels, wind, and solar. Nuclear energy consumption remained flat at 8.2 quads. Coal consumption fell to 7.9 quads, the least in our records dating back to 1949.

    Primary energy production in the United States increased to a record 103.3 quads in 2024, the third consecutive year that production has surpassed a previous record. Natural gas, crude oil, natural gas plant liquids, wind, biofuels, and solar all reached or tied record production in 2024.


    U.S. exports of petroleum products, crude oil, and natural gas each reached records in 2024. Petroleum product exports totaled 11.5 quads and accounted for 37% of total U.S. exports across all energy sources. Crude oil exports totaled 8.6 quads, making up 28% of the total. Natural gas exports grew to 7.8 quads, driven by continued growth in liquefied natural gas exports. Coal exports totaled 2.6 quads and have increased every year since 2020. Other energy sources such as biomass, electricity, and coal coke combined accounted for 1% of exports.

    Crude oil has been the largest source of U.S. energy imports every year on record since 1973, accounting for 67% of energy imports in 2024. Crude oil is often imported and then refined into other petroleum products such as motor gasoline, distillate fuel oil, or jet fuel and then exported as petroleum products.

    In our Monthly Energy Review, we convert sources of energy to common units of heat, called British thermal units (Btu), to compare different types of energy that are usually measured in units that are not directly comparable, such as barrels of crude oil and cubic feet of natural gas. Appendix A of our Monthly Energy Review has the conversion factors that we use for each energy source.

    Principal contributor: Brett Marohl

    MIL OSI USA News –

    June 21, 2025
  • MIL-OSI USA: S. 1900, Taiwan Non-Discrimination Act of 2025

    Source: US Congressional Budget Office

    S. 1900 would require the Department of the Treasury to support Taiwan’s admission to the International Monetary Fund (IMF) or participation in activities of the Fund before it becomes a member. That requirement would expire when Taiwan becomes a member of the IMF or 10 years following the enactment of the legislation, whichever is sooner. The bill also would require the Secretary of the Treasury to report to the Congress on its efforts to support Taiwan’s membership and participation in the IMF.

    On the basis of information about similar efforts and reporting requirements, CBO estimates that implementing the act would cost less than $500,000 over the 2025-2030 period. Such spending would be subject to the availability of appropriated funds.

    On March 20, 2025, CBO transmitted a cost estimate for H.R. 910, the Taiwan Non‑Discrimination Act of 2025, as ordered reported by the House Committee on Financial Services on March 5, 2025. The two bills are similar, and CBO’s estimates of their budgetary effects are the same.

    The CBO staff contact for this estimate is Dawn Sauter Regan. The estimate was reviewed by Christina Hawley Anthony, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

    June 21, 2025
  • MIL-OSI USA: Governor Stein Announces More Than $52 Million of Investment in Rural Communities

    Source: US State of North Carolina

    Headline: Governor Stein Announces More Than $52 Million of Investment in Rural Communities

    Governor Stein Announces More Than $52 Million of Investment in Rural Communities
    lsaito
    Fri, 06/20/2025 – 08:04

    Raleigh, NC

    Governor Josh Stein today announced that the Rural Infrastructure Authority (RIA) has approved nine grant requests for local governments totaling $2,941,000. The grants include commitments creating a total of 137 jobs. The public investment in these projects will attract more than $52 million in additional private and public investment.

    “North Carolina’s rural communities are excellent places to live, work, and do business,” said Governor Josh Stein. “The latest rural infrastructure grants strengthen these communities even more by helping to create jobs, access to health care, and strengthen downtowns.”

    The RIA is supported by the rural economic development team at the North Carolina Department of Commerce. RIA members review and approve funding requests from local communities. Funding comes from a variety of specialized grant and loan programs offered and managed by the North Carolina Department of Commerce’s Rural Economic Development Division, which is led by Assistant Secretary for Rural Development Reginald Speight. Grants support a variety of activities, including infrastructure development, building renovation, expansion and demolition, and site improvements.

    “We are excited by the opportunities to partner with our state’s rural communities through these infrastructure grant projects,” said Commerce Secretary Lee Lilley. “These investments will help rural North Carolina grow jobs, expand opportunity, and improve people’s quality of life.”

    The RIA approved five grant requests under the state’s Building Reuse Program in three categories: 

    Vacant Building Category 

    • Rockingham County: A $500,000 grant will support the reuse of a 216,086-square-foot building in Reidsville. The facility is set to be occupied by Joyalways Corporation, a manufacturer of wet wipes including baby wipes and non-alcoholic variants. The company plans to create 44 jobs while investing $10,757,500 in this project.
    • Transylvania County: A $75,000 grant will support the reuse of a 4,100-square-foot building in Brevard. This facility will be occupied by Nature Trails NC, LLC, an outdoor recreation business that fabricates structures used in outdoor trails such as benches, kiosks, and bike ramps. With this project, the company is expected to create 16 jobs while investing $80,745.

    Existing Business Building Category 

    • Hertford County: A $280,000 grant will support the expansion of a building in Cofield that is occupied by Structural Coating Hertford, LLC. The company, which provides technologically advanced processes for blast cleaning and coating steel plates, plans to add 5,026 square feet to the existing facility. The project is expected to create 35 jobs with a private investment of $1,674,659.

    Rural Health Building Category

    • City of Rocky Mount (Edgecombe County): A $375,000 grant will support the reuse of a 13,330-square-foot former Memorial Hospital building as a facility for the Opportunities Industrialization Center (OIC) of Rocky Mount. Through its Family Medical Center, OIC provides a variety of affordable health services and is the medical home to approximately 14,000 patients. The center plans to create 30 jobs and invest $13,426,500 in this project.
    • Town of Pembroke (Robeson County): A $150,000 grant will support the construction of a 29,000-square-foot building, where Robeson Health Care Corporation plans to expand their existing operations. The health care provider plans to serve 1,000 additional patients yearly at this new facility, which will include a new eye care center and additional exam rooms to create a functional, patient-friendly environment. With this project, the organization expects to create 12 jobs while investing $11,442,615. 

    The Building Reuse Program provides grants to local governments to renovate vacant buildings, renovate and/or expand buildings occupied by existing North Carolina companies, and renovate, expand, or construct health care facilities that will lead to the creation of new jobs in Tier 1 and Tier 2 counties, as well as rural census tracts of Tier 3 counties.

    The RIA approved four grant requests under the state’s Rural Downtown Economic Development program in two categories:

    Public Buildings Category

    • Town of Williamston (Martin County): A $200,000 grant will support the Town’s Old Police Department Reuse Project, which is intended to rehabilitate and repurpose property that is connected to Town Hall. The 3,304-square-foot building will undergo renovations to create a public space for meetings and become a hub for community events. Renovations include ADA compliance and updates to the space, including updating an existing kitchen. The project is expected to leverage an investment of $11,364.
    • Town of Stoneville (Rockingham County): A $200,000 grant will support the town’s Fidelity Building Revitalization/Reuse Project, which aims to rehabilitate a vacant building for a fully operational financial institution. Improvements include HVAC, electrical, roofing, plumbing, ADA upgrades, and interior/exterior renovations, while also restoring the original brickwork and repairing damaged masonry. This project is expected to leverage an investment of $12,500.

    Public Infrastructure Category 

    • Town of Pembroke (Robeson County): A $311,000 grant will help the town transform a vacant property into a vibrant public space at the intersection of W. 3rd and Vance Streets. The project includes site preparation, a brick paver walkway, electrical upgrades, and tree grates and is a direct result of the town’s participation in the North Carolina Department of Commerce’s Rural Community Capacity program. The town will leverage an investment of $15,550 with this project.
    • Town of Boone (Watauga County): An $850,000 grant will assist the town in prioritizing pedestrian safety by converting the westbound lane of Howard Street from Appalachian Street to Burrell Street into a pedestrian and bicycle-only corridor. Phase Two of the project includes water, sewer, and stormwater improvements, as well as burying utilities. The project is expected to leverage an investment of $15,111,703. 

    The Rural Downtown Economic Development Grants program provides grants to local governments to support downtown revitalization and economic development initiatives. These grants are intended to help local governments grow and leverage downtown districts as assets for economic growth, economic development, and prosperity by providing public improvements to help retain businesses and leverage main street assets for community-wide use.

    In addition to reviewing and approving funding requests, the N.C. Rural Infrastructure Authority formulates policies and priorities for grant and loan programs administered by the Commerce Department’s Rural Economic Development team. Its 17 voting members are appointed by the Governor, Speaker of the House, and Senate President Pro Tem. The North Carolina Secretary of Commerce serves as a member of the authority, ex officio.

    Visit the Rural Economic Development Division webpage for more information.  

    Jun 20, 2025

    MIL OSI USA News –

    June 21, 2025
  • MIL-OSI: Diamond Technologies Inc. Acquires Full Asset Portfolio of Akhan Semiconductor, Including Groundbreaking Patents in Diamond Films for Semiconductors and Optics

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., June 20, 2025 (GLOBE NEWSWIRE) — Diamond Technologies Inc. (“DTI”) today announced the successful acquisition of the complete asset portfolio of Akhan Semiconductor, Inc., a leading innovator in diamond-based materials for advanced electronics. The transaction includes all patents, trade secrets, intellectual property, proprietary machinery, and engineered materials developed by Akhan over the past decade.

    The acquisition positions DTI at the forefront of advanced materials innovation, with a patent portfolio focused on diamond film systems, manufacturing methods, and substrate integration — technologies increasingly sought after by semiconductor foundries and equipment manufacturers facing the limitations of legacy materials.

    “Leading-edge semiconductor companies and equipment makers are in a race to break through the thermal and physical barriers of traditional materials,” said Jerry McGuire, CEO of Diamond Technologies Inc. “The diamond technologies now under DTI’s control represent a viable, scalable path forward for the entire industry.”

    DTI will move swiftly to commercialize key technologies in Akhan’s Miraj Diamond® platform, with initial focus on applications in:

    – Thermally superior wafer substrates and spreaders for high-performance semiconductors
    – Next-generation tooling and wear-resistant components for chip fabrication
    – Diamond coatings for optical, defense, and display technologies

    The company has identified several strategic intersections between the acquired IP and ongoing initiatives in lithography, photonics, and thermal management at leading chipmakers and semiconductor tool suppliers.

    DTI is actively seeking strategic partners for co-development, licensing, and technology integration. The company is prepared to engage with global firms across semiconductors, aerospace, optics, and defense to deploy Miraj Diamond® technologies in commercial applications.

    About Diamond Technologies Inc.
    Diamond Technologies Inc. is a materials innovation company developing and commercializing diamond-based solutions across semiconductors, aerospace, defense, optics, and industrial applications. With the acquisition of Akhan Semiconductor’s assets, DTI owns one of the most advanced patent portfolios in synthetic diamond technologies, enabling a new class of ultra-hard, thermally conductive, and optically clear materials to power next-generation technologies.

    Contact:

    Media & Partnerships
    partners@dtech.inc
    www.dtech.inc

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Diamond Technologies Inc. Acquires Full Asset Portfolio of Akhan Semiconductor, Including Groundbreaking Patents in Diamond Films for Semiconductors and Optics

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., June 20, 2025 (GLOBE NEWSWIRE) — Diamond Technologies Inc. (“DTI”) today announced the successful acquisition of the complete asset portfolio of Akhan Semiconductor, Inc., a leading innovator in diamond-based materials for advanced electronics. The transaction includes all patents, trade secrets, intellectual property, proprietary machinery, and engineered materials developed by Akhan over the past decade.

    The acquisition positions DTI at the forefront of advanced materials innovation, with a patent portfolio focused on diamond film systems, manufacturing methods, and substrate integration — technologies increasingly sought after by semiconductor foundries and equipment manufacturers facing the limitations of legacy materials.

    “Leading-edge semiconductor companies and equipment makers are in a race to break through the thermal and physical barriers of traditional materials,” said Jerry McGuire, CEO of Diamond Technologies Inc. “The diamond technologies now under DTI’s control represent a viable, scalable path forward for the entire industry.”

    DTI will move swiftly to commercialize key technologies in Akhan’s Miraj Diamond® platform, with initial focus on applications in:

    – Thermally superior wafer substrates and spreaders for high-performance semiconductors
    – Next-generation tooling and wear-resistant components for chip fabrication
    – Diamond coatings for optical, defense, and display technologies

    The company has identified several strategic intersections between the acquired IP and ongoing initiatives in lithography, photonics, and thermal management at leading chipmakers and semiconductor tool suppliers.

    DTI is actively seeking strategic partners for co-development, licensing, and technology integration. The company is prepared to engage with global firms across semiconductors, aerospace, optics, and defense to deploy Miraj Diamond® technologies in commercial applications.

    About Diamond Technologies Inc.
    Diamond Technologies Inc. is a materials innovation company developing and commercializing diamond-based solutions across semiconductors, aerospace, defense, optics, and industrial applications. With the acquisition of Akhan Semiconductor’s assets, DTI owns one of the most advanced patent portfolios in synthetic diamond technologies, enabling a new class of ultra-hard, thermally conductive, and optically clear materials to power next-generation technologies.

    Contact:

    Media & Partnerships
    partners@dtech.inc
    www.dtech.inc

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Lucas GC Limited Announces Pricing of Follow-On Offering

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (“AI”) technology-driven Platform-as-a-Service (“PaaS”) company with proprietary technologies applied to the human resources and insurance industry verticals, today announced the pricing of its “best efforts” follow-on offering (the “Offering”) of 32,150,000 ordinary shares, par value US$0.000005 per share, of the Company (the “Ordinary Shares”) at a public offering price of $0.20 per share, for total gross proceeds of US$6,430,000 before deducting placement agent’s fee and offering expenses. The Offering is expected to close on or about June 23, 2025, subject to the satisfaction of customary closing conditions.

    AC Sunshine Securities LLC is acting as the placement agent for the Offering.

    A registration statement related to the Offering has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    This offering is being made only by means of a prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the Offering may be obtained, when available, on the SEC’s website located at http://www.sec.gov and may also be obtained from AC Sunshine Securities LLC, 200 E. Robinson Street Suite 295, Orlando, FL 32801.

    About Lucas GC Limited
    With 19 granted U.S. and Chinese patents and over 75 registered software copyrights in the AI, data analytics and blockchain technologies, Lucas GC Limited is an AI technology-driven PaaS company with over 780,320 agents working on its platform. Lucas’ technologies have been applied to the human resources and insurance industry verticals. For more information, please visit: https://www.lucasgc.com/.

    For Investor Inquiries and Media Contact:
    https://www.lucasgc.com/ 
    ir@lucasgc.com 
    T: 818-741-0923

    Forward-Looking Statements
    Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Lucas GC Limited Announces Pricing of Follow-On Offering

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (“AI”) technology-driven Platform-as-a-Service (“PaaS”) company with proprietary technologies applied to the human resources and insurance industry verticals, today announced the pricing of its “best efforts” follow-on offering (the “Offering”) of 32,150,000 ordinary shares, par value US$0.000005 per share, of the Company (the “Ordinary Shares”) at a public offering price of $0.20 per share, for total gross proceeds of US$6,430,000 before deducting placement agent’s fee and offering expenses. The Offering is expected to close on or about June 23, 2025, subject to the satisfaction of customary closing conditions.

    AC Sunshine Securities LLC is acting as the placement agent for the Offering.

    A registration statement related to the Offering has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    This offering is being made only by means of a prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the Offering may be obtained, when available, on the SEC’s website located at http://www.sec.gov and may also be obtained from AC Sunshine Securities LLC, 200 E. Robinson Street Suite 295, Orlando, FL 32801.

    About Lucas GC Limited
    With 19 granted U.S. and Chinese patents and over 75 registered software copyrights in the AI, data analytics and blockchain technologies, Lucas GC Limited is an AI technology-driven PaaS company with over 780,320 agents working on its platform. Lucas’ technologies have been applied to the human resources and insurance industry verticals. For more information, please visit: https://www.lucasgc.com/.

    For Investor Inquiries and Media Contact:
    https://www.lucasgc.com/ 
    ir@lucasgc.com 
    T: 818-741-0923

    Forward-Looking Statements
    Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Antalpha to Hold Extraordinary General Meeting on July 21, 2025

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 20, 2025 (GLOBE NEWSWIRE) — Antalpha Platform Holding Company (NASDAQ: ANTA) (“Antalpha” or the “Company”), a leading fintech platform serving the Bitcoin mining ecosystem, today announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at 2:00 p.m. (Hong Kong time) on July 21, 2025 at 42nd Floor, Edinburgh Tower, The Landmark, 15 Queen’s Road, Central, Hong Kong.

    A proposal to increase the Company’s authorized share capital will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by an ordinary resolution of the shareholders, the authorized share capital of the Company will be increased from “US$50,000 divided into 50,000,000 Ordinary Shares of a par value of US$0.001 each” to “US$62,500 divided into 62,500,000 Ordinary Shares of a par value of US$0.001 each” by the creation of an additional 12,500,000 Ordinary Shares of a par value of US$0.001 each to rank pari passu in all respects with the existing shares.

    A proposal to re-designate the Company’s ordinary shares into Class A Ordinary Shares and Class B Ordinary Shares will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by a special resolution of the shareholders, (a) 59,375,000 authorized Ordinary Shares (including the 23,677,500 issued Ordinary Shares) of a par value of US$0.001 each in the capital of the Company will be re-designated as Class A Ordinary Shares, and (b) 3,125,000 authorized but unissued Ordinary Shares of a par value of US$0.001 each in the capital of the Company will be re-designated as Class B Ordinary Shares (the “Share Re-designation”), such that immediately following the Share Re-designation, the authorized share capital of the Company will be US$62,500 divided into 62,500,000 Ordinary Shares of a par value of US$0.001 each, comprising of (i) 59,375,000 Class A Ordinary Shares (including 23,677,500 issued Class A Ordinary Shares) of a par value of US$0.001 each (the “Class A Ordinary Shares”), and (ii) 3,125,000 Class B Ordinary Shares of a par value of US$0.001 each (the “Class B Ordinary Shares”).

    A proposal to amend and restate the Company’s existing memorandum and articles of association to reflect the variation of the Company’s authorized share capital will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by a special resolution of the shareholders, the Company’s Amended and Restated Memorandum of Association and Articles of Association will be amended and restated by their deletion in their entirety and the substitution in their place of the Second Amended and Restated Memorandum of Association and Articles of Association in the form as attached to the EGM notice as Exhibit A (the “Amended M&AA”), and the authorized share capital of the Company will be US$62,500 divided into 62,500,000 Ordinary Shares of a par value of US$0.001 each comprising of (i) 59,375,000 Class A Ordinary Shares of a par value of US$0.001 each, and (ii) 3,125,000 Class B Ordinary Shares of a par value of US$0.001 each, with the rights attaching to such shares as set out in the Amended M&AA, including that each Class A Ordinary Share is entitled to one vote, and is not convertible into Class B Ordinary Share under any circumstances, and each Class B Ordinary Share is entitled to twenty (20) votes, subject to certain conditions, and is convertible into one Class A Ordinary Share at any time by the holder thereof.

    A proposal to grant the Chairperson of the board of directors and Chief Executive Officer of the Company (the “Founder”), one or more awards under the Company’s 2024 Share Incentive Plan will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by an ordinary resolution of the shareholders, the Company will be authorized to grant the Founder awards under the Company’s 2024 Share Incentive Plan (as may be amended from time to time), in the form of options, restricted share units or other types, to acquire an aggregate of up to 1,500,000 Class B Ordinary Shares, of which the first 750,000 Class B Ordinary Shares shall vest only upon the Company achieving a market capitalization of at least US$1 billion, and the remaining 750,000 Class B Ordinary Shares shall vest only upon the Company achieving a market capitalization of at least US$2 billion, as an incentive for his continued service and to align his interests with those of the Company and its shareholders.

    A proposal for the Company to adopt a treasury management plan will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by an ordinary resolution of the shareholders, the Company will adopt the treasury management plan in the form as attached to the EGM notice as Exhibit B for the purposes of improving the treasury management of the Company, and the Company and its board of directors be authorized to take all actions as may be necessary for the purposes of carrying out such treasury management plan, including issuing ordinary shares or other securities to raise funds to acquire digital gold, or acquiring digital gold through its subsidiaries and/or investees, which may include publicly listed companies, from time to time for purposes of carrying out such treasury management plan.

    The Board has fixed the close of business on June 20, 2025 (Eastern Standard Time) as the record date (the “Record Date”) for determining the shareholders entitled to receive notice of, to attend, and to vote at, the EGM or any adjourned or postponed meeting thereof. Holders of record of the Company’s ordinary shares, par value US$0.001 per share, at the close of business on the Record Date are entitled to notice of, and to vote at, the EGM or any adjournment or postponement thereof. The notice of the EGM, which sets forth the resolutions to be submitted to shareholder approval at the meeting and includes the Amended M&AA and treasury management plan as exhibits, is available on the Company’s website at ir.antalpha.com.

    About Antalpha

    Antalpha is a leading fintech company specializing in providing financing, technology, and risk management solutions to institutions in the digital asset industry. As the primary lending partner of Bitmain, Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital assets loans, as well as monitor collateral positions with near real-time data.

    Contacts

    Investor Relations: ir@antalpha.com

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Canadian Banc Corp. At-The-Market Equity Program Renewed

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 20, 2025 (GLOBE NEWSWIRE) — Canadian Banc Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until July 19, 2027 unless terminated prior to such date by the Company. This ATM Program replaces the prior program established in January 2024 that has terminated. Any Class A Shares or Preferred Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”) or any other marketplace in Canada on which the Class A Shares and Preferred Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated June 19, 2025 with National Bank Financial Inc. (the “Agent”).

    Sales of Class A Shares and Preferred Shares will be made by way of “at-the-market distributions” as defined in National Instrument 44-102 Shelf Distributions on the TSX or on any marketplace for the Class A Shares and Preferred Shares in Canada. Since the Class A Shares and Preferred Shares will be distributed at the prevailing market prices at the time of the sale, prices may vary among purchasers during the period of distribution. The ATM Program is being offered pursuant to a prospectus supplement dated June 19, 2025 to the Company’s short form base shelf prospectus dated June 18, 2025. The maximum gross proceeds from the issuance of the shares will be $350,000,000. Copies of the prospectus supplement and the short form base shelf prospectus may be obtained from your registered financial advisor using the contact information for such advisor, or from representatives of the Agent and are available on SEDAR+ at www.sedarplus.com.

    The volume and timing of distributions under the ATM Program, if any, will be determined at the Company’s sole discretion. The Company intends to use the proceeds from the ATM Program in accordance with the investment objectives and investment strategies of the Company, subject to the investment restrictions of the Company.

    The Company invests in a portfolio of six publicly traded Canadian Banks as follows:

    Bank of Montreal Canadian Imperial Bank of Commerce Royal Bank of Canada
    The Bank of Nova Scotia National Bank of Canada The Toronto-Dominion Bank
         

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the Company’s publicly filed documents which are available at www.sedarplus.com.

    Investor Relations:
    1-877-478-2372
    Local: 416-304-4443
    www.canadianbanc.com
    info@quadravest.com

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Dividend 15 Split Corp. II At-The-Market Equity Program Renewed

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 20, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until July 19, 2027 unless terminated prior to such date by the Company. This ATM Program replaces the prior program established in May 2023 that has terminated. Any Class A Shares or Preferred Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”) or any other marketplace in Canada on which the Class A Shares and Preferred Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated June 19, 2025 with National Bank Financial Inc. (the “Agent”).

    Sales of Class A Shares and Preferred Shares will be made by way of “at-the-market distributions” as defined in National Instrument 44-102 Shelf Distributions on the TSX or on any marketplace for the Class A Shares and Preferred Shares in Canada. Since the Class A Shares and Preferred Shares will be distributed at the prevailing market prices at the time of the sale, prices may vary among purchasers during the period of distribution. The ATM Program is being offered pursuant to a prospectus supplement dated June 19, 2025 to the Company’s short form base shelf prospectus dated June 18, 2025. The maximum gross proceeds from the issuance of the shares will be $350,000,000. Copies of the prospectus supplement and the short form base shelf prospectus may be obtained from your registered financial advisor using the contact information for such advisor, or from representatives of the Agent and are available on SEDAR+ at www.sedarplus.com.

    The volume and timing of distributions under the ATM Program, if any, will be determined at the Company’s sole discretion. The Company intends to use the proceeds from the ATM Program in accordance with the investment objectives and investment strategies of the Company, subject to the investment restrictions of the Company.

    The Company invests primarily in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial Corporation, Enbridge Inc., Sun Life Financial Inc., TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance   may not be repeated. Please read the Company’s publicly filed documents which are available at www.sedarplus.com.

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    www.dividend15.com
    info@quadravest.com

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Donald De Lucca Joins Advisory Board of Alternative Ballistics Corporation to Enhance Law Enforcement Growth Strategy

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, Nevada, June 20, 2025 (GLOBE NEWSWIRE) — Alternative Ballistics Corporation, an innovative public safety technology company, is proud to announce that Donald De Lucca, former President of the International Association of Chiefs of Police (IACP) and a seasoned law enforcement executive, has joined the company’s Advisory Board.

    Chief De Lucca brings over three decades of distinguished law enforcement experience, including leadership roles as Chief of Police for the cities of Doral, Golden Beach, and Miami Beach, Florida. He is currently a partner at V2 Global, where he leads domestic and international risk consulting and crisis management initiatives, in addition to heading the firm’s Law Enforcement Advisory Group.

    Throughout his career, Chief De Lucca has demonstrated a deep commitment to advancing law enforcement strategies, professional development, and community engagement. His tenure as the 104th President of the IACP – representing 33,000 police leaders in over 170 countries – underscores his global influence and dedication to modern policing. Under his leadership, agencies he commanded earned national recognition for implementing best practices from the President’s Task Force on 21st Century Policing.

    “I am honored to join the Advisory Board of Alternative Ballistics Corporation,” said Chief De Lucca. “I believe deeply in the mission to provide law enforcement with tools that enhance officer and public safety while supporting responsible and effective use of force. The Company is advancing a critical innovation, and I look forward to helping guide its growth and impact.”

    Steve Luna, CEO of Alternative Ballistics Corporation, welcomed the appointment: “Chief De Lucca’s unmatched leadership and experience in policing, both in the U.S. and internationally, will be instrumental as we continue expanding our reach and delivering mission-critical technology to law enforcement agencies. We are excited to have his insight and guidance on our Advisory Board.”

    About Alternative Ballistics Corporation

    Alternative Ballistics Corporation (“ABC”) produces The Alternative®, a patented less-lethal device designed to help law enforcement de-escalate potential lethal threats and reduce fatalities. The device attaches quickly to a service weapon and uses bullet capture technology to convert a live round into a non-penetrating impact projectile that can temporarily incapacitate an individual, allowing officers the opportunity to safely effect an arrest. It is intended for use when confronting non-compliant individuals who are in possession of a non-firearm weapon, oftentimes involving a person in crisis. After deployment, the firearm instantly reverts to standard use. A commercial version for civilian home-defense may also be available in the future.

    Forward-Looking Statements

    This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. In evaluating these forward-looking statements, you should consider various factors, including: our ability to advance the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

    Company Contact:
    info@alternativeballistics.com 
    www.alternativeballistics.com

    For Investor Inquiries, please contact:
    Hanover International, Inc.
    Kathy Cusumano, President
    ka@hanoverintlinc.com

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Surfshark’s no-logs policy verified by Deloitte again

    Source: GlobeNewswire (MIL-OSI)

    Cybersecurity company Surfshark just released its second no-logs assurance report. The independent verification by Deloitte confirms that Surfshark operates according to the highest privacy and quality standards, and reaffirms that users’ online activities are not logged or tracked.

    “In an era where digital privacy is constantly threatened, independent verification is a crucial pillar of trust for any digital services. This assessment demonstrates Surfshark’s proactive approach to privacy, showing that we are continually seeking ways to fulfill our promise of not tracking nor monitoring our users’ activity. Having Deloitte, one of the Big Four auditing firms, reconfirming that is a big confirmation of privacy and transparency to our current and future users,” says Donatas Budvytis, Chief Technology Officer at Surfshark.

    The recent assurance conducted by Deloitte involved a thorough examination of Surfshark’s systems and internal processes. As part of the evaluation, Deloitte conducted interviews with relevant personnel and reviewed supporting evidence to confirm adherence to Surfshark’s no-logs policy. The assessment included a review of various server types, such as standard, static, and multiport VPN servers. 

    Deloitte also evaluated Surfshark’s server configuration and deployment processes, inspected privacy-related settings and procedures, and verified that these align with the stated privacy policy. Furthermore, the assessment confirmed that Surfshark’s no-logs policy is consistently and effectively enforced across all applicable servers and infrastructure components. The detailed report (ISAE 3000) is available to all Surfshark users in their Surfshark account.

    Surfshark continues to drive security innovation across the security and privacy sector. Recently, Surfshark introduced public no-logs DNS servers. Surfshark DNS was created for privacy-conscious individuals and organizations, helping them to take the first step towards privacy and security by using this tool. The company has also announced an industry-first, patented technology called Surfshark Everlink. This is a supporting, self-healing infrastructure that ensures continuous VPN connectivity by seamlessly recovering dropped connections.

    ABOUT SURFSHARK

    Surfshark is a cybersecurity company offering products including an audited VPN, certified antivirus, data leak warning system, private search engine, and tool for generating an online identity. Recognized as a leading VPN by CNET and TechRadar, Surfshark has also been featured on the FT1000: Europe’s Fastest Growing Companies ranking. Headquartered in the Netherlands, Surfshark has offices in Lithuania and Poland. For information on Surfshark’s operations and highlights, read our Annual Wrap-up. For information about Surfshark’s previous independent verifications and certifications, visit our trust center.

    Attachment

    • surfshark_nologs

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Bitget PRO Program Launches Limited-Time PRO+2 Upgrade to Supercharge High-Volume and Institutional Traders

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 20, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange, and Web3 company, has announced a limited-time PRO+2 Level Upgrade Promotion alongside the announcement of Bitget PRO, an upgraded program designed to support the needs of institutional clients and high-frequency traders. Meant for eligible users, the promotion reinforces Bitget’s commitment to empowering professional traders with better rates, priority infrastructure, and exclusive perks.

    The Bitget PRO program introduces a dynamic tiered system built to streamline institutional access to lower fees, optimized API limits, exclusive loan and custody services, and expanded withdrawal limits. With the rise of algorithmic and institutional trading, Bitget PRO serves as a dedicated infrastructure layer that facilitates complex strategies and capital efficiency.

    “Institutional traders are shaping the future of digital finance through precision and scale. Bitget PRO is built to support their ambitions—offering advanced infrastructure and seamless access to tailored financial tools,” said Gracy Chen, CEO of Bitget. “Our time-limited PRO+2 upgrade is our way of welcoming top-tier participants into the program with minimal friction—unlocking superior benefits and showing our ongoing commitment to supporting institutional growth in crypto.”

    The PRO+2 Level Upgrade Promotion will run from July 2 to August 31, 2025, instantly boosting trading power for both new and existing users. Traders will be upgraded by two levels based on their June trading volume, while new users can apply for the same boost by submitting proof of past trading activity or asset holdings before August 15, 2025 (GMT+8). For example, approved traders currently tiered as PRO3, will get upgraded to receive PRO5 fee rates and benefits. This promotion allows eligible users to unlock up to PRO6-level benefits earlier than ever, including top-tier fee discounts, deeper liquidity, and personalized institutional support. Additional perks include improved fee structures on spot and futures, higher API rate limits, increased withdrawal caps, flexible sub-account management, and direct access to Bitget’s API team for real-time support.

    The Bitget PRO program is automatically assigned daily at 9:00AM (UTC+8), with qualification based on a user’s 30-day API trading volume. PRO1 and above require at least 20% of trades via API. Those who do not meet the criteria will revert to VIP tiers. This structure allows seamless mobility while rewarding activity and technical engagement.

    Earlier this year, Bitget strengthened its institutional offering with the launch of Institutional Lending, enabling up to 5x leverage on spot trading. Additional upgrades, including Unified Accounts and enhanced OTC services, reflect Bitget’s commitment to supporting professional traders with flexible, secure solutions.

    For more details on the Bitget PRO+2 Level Upgrade Promotion, visit here. For details on the Bitget PRO program in general, visit the official Bitget PRO Program page and direct inquiries to institution@bitget.com.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8a6da46e-0407-43bb-b236-a93a5188d971

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Ask Sage Partners with DoD CDAO and U.S. Army to Provide Unlimited Access to Generative AI Across Combatant Commands, Joint Staff, and Office of the Secretary of Defense

    Source: GlobeNewswire (MIL-OSI)

    FRONT ROYAL, Va., June 20, 2025 (GLOBE NEWSWIRE) — Ask Sage, Inc., the leading Generative AI platform for government and commercial sectors, today announced a first-year, $10 million strategic partnership with the Department of Defense (DoD) Chief Digital and Artificial Intelligence Office (CDAO) and the U.S. Army. This collaboration marks a significant milestone in the DoD’s journey to accelerate the adoption of advanced Generative AI capabilities across its operations and represents continued federal investment in Ask Sage’s secure platform. As the first FedRAMP High, IL5, IL6 and Top Secret authorized solution, Ask Sage is uniquely model-agnostic, giving defense teams the freedom to adopt and scale the right LLMs for each mission without being locked into a single vendor ecosystem.

    The partnership significantly expands Ask Sage’s existing footprint within the Department of Defense, delivering unlimited access to the platform for all Combatant Commands (COCOMs), Joint Staff, and the Office of the Secretary of Defense (OSD) teams. It positions the company as the premier provider of Generative AI solutions for mission-critical operations. By scaling the Army Enterprise Large Language Model Workspace, powered by Ask Sage’s platform, the collaboration extends access to CUI-compliant and Secret, AI-powered workflows that support operational excellence and warfighter readiness.

    “This partnership represents major momentum in accelerating Generative AI adoption across the Department of Defense, including at the edge. With over 15,000 government teams across 27 agencies already leveraging Ask Sage, we are proud to expand access to our secure, scalable platform at IL5 and IL6,” said Nicolas Chaillan, CEO of Ask Sage. “By removing barriers to adoption, we’re empowering DoD teams and contractors to deploy advanced technologies at the pace of relevance, increasing their operational velocity by up to 35X. Together, we are driving innovation and mission success across the defense enterprise.”

    The Office of the Army’s Chief Digital and Artificial Intelligence Officer (CDAO) emphasized the importance of these capabilities in advancing the DoD’s mission: “The Department continues to accelerate the adoption of data, analytics, and AI to support its core mission sets. Over the last several years, CDAO with our mission and industry partners have led the development of core data and AI platforms. Through these investments, we have enabled users to integrate AI into workflows that occur within the data environments themselves. Recently, we have also partnered with the Army’s Enterprise Large Language Model (LLM) Workspace, powered by Ask Sage, to provide Joint users across the Combatant Commands, Office of the Secretary of Defense, and the Joint Staff access to industry-leading general purpose LLMs.”

    Ask Sage’s platform is already proving to be transformative through its deployment as a secure, accessible Generative AI solution for the Army. Since launching in May, notable accomplishments include reclassifying 300,000 personnel descriptions in just one week—saving over 50,000 hours of manual labor—automating acquisition workflows for RFIs, RFPs, and scopes of work, and strengthening cybersecurity through automated vulnerability testing. Ask Sage has also successfully streamlined the Authority to Operate (ATO) process for Combatant Commands, delivering 95% time and cost savings for the creation of required SSPs, NIST 800-53 controls, policies and procedures.

    Ask Sage’s partnership with the DoD CDAO and U.S. Army is part of a broader effort to accelerate the adoption of Frontier AI capabilities across the Department. This initiative aligns with the DoD’s focus on leveraging AI for mission-critical use cases, including command and control, decision support, operational planning, logistics, weapons development, intelligence activities, and cybersecurity.

    About Ask Sage, Inc.
    Ask Sage, Inc. is a leading provider of Generative AI solutions, specifically designed to meet the needs of the public sector, defense industrial base, and commercial enterprises. Offering a wide range of both commercial and open-source Large Language Models (LLMs), our platform is technology agnostic, enabling teams to leverage the best tools and models that suit their needs. With robust security features, the ability to handle a wide range of data types, and enhanced integrations, Ask Sage, Inc. is the go-to solution for organizations seeking to optimize their operations and harness the power of AI. www.asksage.ai

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Ask Sage Partners with DoD CDAO and U.S. Army to Provide Unlimited Access to Generative AI Across Combatant Commands, Joint Staff, and Office of the Secretary of Defense

    Source: GlobeNewswire (MIL-OSI)

    FRONT ROYAL, Va., June 20, 2025 (GLOBE NEWSWIRE) — Ask Sage, Inc., the leading Generative AI platform for government and commercial sectors, today announced a first-year, $10 million strategic partnership with the Department of Defense (DoD) Chief Digital and Artificial Intelligence Office (CDAO) and the U.S. Army. This collaboration marks a significant milestone in the DoD’s journey to accelerate the adoption of advanced Generative AI capabilities across its operations and represents continued federal investment in Ask Sage’s secure platform. As the first FedRAMP High, IL5, IL6 and Top Secret authorized solution, Ask Sage is uniquely model-agnostic, giving defense teams the freedom to adopt and scale the right LLMs for each mission without being locked into a single vendor ecosystem.

    The partnership significantly expands Ask Sage’s existing footprint within the Department of Defense, delivering unlimited access to the platform for all Combatant Commands (COCOMs), Joint Staff, and the Office of the Secretary of Defense (OSD) teams. It positions the company as the premier provider of Generative AI solutions for mission-critical operations. By scaling the Army Enterprise Large Language Model Workspace, powered by Ask Sage’s platform, the collaboration extends access to CUI-compliant and Secret, AI-powered workflows that support operational excellence and warfighter readiness.

    “This partnership represents major momentum in accelerating Generative AI adoption across the Department of Defense, including at the edge. With over 15,000 government teams across 27 agencies already leveraging Ask Sage, we are proud to expand access to our secure, scalable platform at IL5 and IL6,” said Nicolas Chaillan, CEO of Ask Sage. “By removing barriers to adoption, we’re empowering DoD teams and contractors to deploy advanced technologies at the pace of relevance, increasing their operational velocity by up to 35X. Together, we are driving innovation and mission success across the defense enterprise.”

    The Office of the Army’s Chief Digital and Artificial Intelligence Officer (CDAO) emphasized the importance of these capabilities in advancing the DoD’s mission: “The Department continues to accelerate the adoption of data, analytics, and AI to support its core mission sets. Over the last several years, CDAO with our mission and industry partners have led the development of core data and AI platforms. Through these investments, we have enabled users to integrate AI into workflows that occur within the data environments themselves. Recently, we have also partnered with the Army’s Enterprise Large Language Model (LLM) Workspace, powered by Ask Sage, to provide Joint users across the Combatant Commands, Office of the Secretary of Defense, and the Joint Staff access to industry-leading general purpose LLMs.”

    Ask Sage’s platform is already proving to be transformative through its deployment as a secure, accessible Generative AI solution for the Army. Since launching in May, notable accomplishments include reclassifying 300,000 personnel descriptions in just one week—saving over 50,000 hours of manual labor—automating acquisition workflows for RFIs, RFPs, and scopes of work, and strengthening cybersecurity through automated vulnerability testing. Ask Sage has also successfully streamlined the Authority to Operate (ATO) process for Combatant Commands, delivering 95% time and cost savings for the creation of required SSPs, NIST 800-53 controls, policies and procedures.

    Ask Sage’s partnership with the DoD CDAO and U.S. Army is part of a broader effort to accelerate the adoption of Frontier AI capabilities across the Department. This initiative aligns with the DoD’s focus on leveraging AI for mission-critical use cases, including command and control, decision support, operational planning, logistics, weapons development, intelligence activities, and cybersecurity.

    About Ask Sage, Inc.
    Ask Sage, Inc. is a leading provider of Generative AI solutions, specifically designed to meet the needs of the public sector, defense industrial base, and commercial enterprises. Offering a wide range of both commercial and open-source Large Language Models (LLMs), our platform is technology agnostic, enabling teams to leverage the best tools and models that suit their needs. With robust security features, the ability to handle a wide range of data types, and enhanced integrations, Ask Sage, Inc. is the go-to solution for organizations seeking to optimize their operations and harness the power of AI. www.asksage.ai

    The MIL Network –

    June 21, 2025
  • MIL-OSI: FV Bank Redefines Institutional-Grade Client and Tax Reporting Efficiency with Bitwave

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 20, 2025 (GLOBE NEWSWIRE) — FV Bank, a globally regulated digital asset custodian and banking platform, announced a landmark partnership with Bitwave to streamline and automate digital asset tax and financial reporting, setting a new institutional standard for compliance and operational scalability.

    As digital asset adoption continues to mature, so do the expectations for institutional accountability, tax transparency, and audit-readiness. With a customer base spanning over 70 countries and operations in one of the most stringently regulated environments in finance, FV Bank has taken a bold step forward to modernize its infrastructure and ensure compliance without compromising efficiency.

    Operational Innovation Meets Regulatory Excellence

    Leading custodians – like FV Bank – face unique reporting challenges when managing customer assets under the FBO (“For the Benefit Of”) accounting model. This structure requires financial teams to track assets and liabilities both at the institution level and for individual customers.

    By integrating Bitwave’s industry-leading financial platform, FV Bank has successfully automated the dual-layered reporting structure, creating both client-facing tax forms (such as 1099s) and detailed internal books that meet institutional audit standards.

    “At FV Bank, we take pride in offering secure, compliant, and forward-thinking financial services. Partnering with Bitwave allows us to push the envelope on what’s possible with digital asset reporting efficiency with global scale,” said Miles Paschini, CEO of FV Bank.

    “We’re not just solving a tax problem, we’re setting a new benchmark for operational excellence.”

    Solving Tax Complexity at Scale

    Tax reporting in digital assets is notoriously complex, especially for high-throughput financial institutions.

    With Bitwave, FV Bank has streamlined its tax workflows to automatically generate accurate, auditable gain/loss data for every client account. This eliminates the need for fragmented spreadsheets, manual reconciliations, and error-prone calculations.

    “FV Bank is a true leader in operational compliance and financial innovation,” said Pat White, CEO of Bitwave.

    “Their embrace of Bitwave for both internal and customer-facing reporting proves that institutions can lead the way in digital asset transparency and integrity.”

    Driving Scalable Compliance for the Future of Finance

    Bitwave’s robust platform is designed to meet the needs of enterprise-grade finance teams, enabling institutions like FV Bank to remain audit-ready, regulator-friendly, and technologically agile.

    This partnership represents a scalable solution that other neobanks, trust companies, and crypto-forward enterprises can emulate.

    As regulators and policymakers focus increasingly on transparency and accountability in crypto finance, FV Bank is not waiting to react, it’s leading.

    About FV Bank

    FV Bank is a fully licensed and regulated U.S. digital bank offering a vertically integrated suite of digital asset and traditional banking services. With a focus on innovation, security, and compliance, FV Bank is Banking the Future by providing USD banking, digital asset custody services, money market accounts, Visa debit cards, and stablecoin deposits and conversions, all accessible via a single, unified platform.

    For more information about FV Bank, please visit www.fvbank.us.

    About Bitwave

    Bitwave is the #1 digital asset subledger and on-chain finance platform for businesses.

    Built for enterprises and institutions, Bitwave simplifies digital asset tax, accounting, and payment workflows for global finance teams – all with a comprehensive, audit-ready platform.

    Trusted by Fortune 100 leaders, Bitwave delivers the reliability, security, and control demanded by today’s leading finance teams. We enable the digital asset economy with scalable financial operations.

    For more, visit bitwave.io.

    Media Contact:
    Kaleb Leija
    VP of Marketing, Bitwave
    marketing@bitwave.io 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8e55433b-f39c-4295-b904-12b7ba085cab

    The MIL Network –

    June 21, 2025
  • MIL-OSI: FV Bank Redefines Institutional-Grade Client and Tax Reporting Efficiency with Bitwave

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 20, 2025 (GLOBE NEWSWIRE) — FV Bank, a globally regulated digital asset custodian and banking platform, announced a landmark partnership with Bitwave to streamline and automate digital asset tax and financial reporting, setting a new institutional standard for compliance and operational scalability.

    As digital asset adoption continues to mature, so do the expectations for institutional accountability, tax transparency, and audit-readiness. With a customer base spanning over 70 countries and operations in one of the most stringently regulated environments in finance, FV Bank has taken a bold step forward to modernize its infrastructure and ensure compliance without compromising efficiency.

    Operational Innovation Meets Regulatory Excellence

    Leading custodians – like FV Bank – face unique reporting challenges when managing customer assets under the FBO (“For the Benefit Of”) accounting model. This structure requires financial teams to track assets and liabilities both at the institution level and for individual customers.

    By integrating Bitwave’s industry-leading financial platform, FV Bank has successfully automated the dual-layered reporting structure, creating both client-facing tax forms (such as 1099s) and detailed internal books that meet institutional audit standards.

    “At FV Bank, we take pride in offering secure, compliant, and forward-thinking financial services. Partnering with Bitwave allows us to push the envelope on what’s possible with digital asset reporting efficiency with global scale,” said Miles Paschini, CEO of FV Bank.

    “We’re not just solving a tax problem, we’re setting a new benchmark for operational excellence.”

    Solving Tax Complexity at Scale

    Tax reporting in digital assets is notoriously complex, especially for high-throughput financial institutions.

    With Bitwave, FV Bank has streamlined its tax workflows to automatically generate accurate, auditable gain/loss data for every client account. This eliminates the need for fragmented spreadsheets, manual reconciliations, and error-prone calculations.

    “FV Bank is a true leader in operational compliance and financial innovation,” said Pat White, CEO of Bitwave.

    “Their embrace of Bitwave for both internal and customer-facing reporting proves that institutions can lead the way in digital asset transparency and integrity.”

    Driving Scalable Compliance for the Future of Finance

    Bitwave’s robust platform is designed to meet the needs of enterprise-grade finance teams, enabling institutions like FV Bank to remain audit-ready, regulator-friendly, and technologically agile.

    This partnership represents a scalable solution that other neobanks, trust companies, and crypto-forward enterprises can emulate.

    As regulators and policymakers focus increasingly on transparency and accountability in crypto finance, FV Bank is not waiting to react, it’s leading.

    About FV Bank

    FV Bank is a fully licensed and regulated U.S. digital bank offering a vertically integrated suite of digital asset and traditional banking services. With a focus on innovation, security, and compliance, FV Bank is Banking the Future by providing USD banking, digital asset custody services, money market accounts, Visa debit cards, and stablecoin deposits and conversions, all accessible via a single, unified platform.

    For more information about FV Bank, please visit www.fvbank.us.

    About Bitwave

    Bitwave is the #1 digital asset subledger and on-chain finance platform for businesses.

    Built for enterprises and institutions, Bitwave simplifies digital asset tax, accounting, and payment workflows for global finance teams – all with a comprehensive, audit-ready platform.

    Trusted by Fortune 100 leaders, Bitwave delivers the reliability, security, and control demanded by today’s leading finance teams. We enable the digital asset economy with scalable financial operations.

    For more, visit bitwave.io.

    Media Contact:
    Kaleb Leija
    VP of Marketing, Bitwave
    marketing@bitwave.io 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8e55433b-f39c-4295-b904-12b7ba085cab

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Quietum Plus 2025: Exploring the Science and Safety behind a Popular Natural Hearing Supplement

    Source: GlobeNewswire (MIL-OSI)

    Aurora, Colorado, June 20, 2025 (GLOBE NEWSWIRE) — In a significant advancement within the natural health supplement industry, Quietum Plus has emerged as a frontrunner in auditory wellness. As hearing health gains prominence among aging populations and wellness-conscious consumers alike, Quietum Plus is positioning itself as a transformative solution—bringing renewed attention to natural alternatives in an era increasingly reliant on pharmaceutical intervention and electronic aids.

    Over the past year, the conversation around hearing support has evolved beyond conventional devices. Where traditional approaches have centered largely on amplification through hearing aids or temporary symptom relief, Quietum Plus introduces a foundational rethinking of ear health: addressing potential root causes through targeted nutrition and internal balance. This shift marks a notable moment for both the supplement sector and the broader hearing wellness market.

    The formulation behind Quietum Plus has been carefully developed to support the auditory system’s function and longevity. The company behind the supplement emphasizes that its research has focused not merely on masking hearing loss or tinnitus symptoms, but instead on fostering the internal conditions that enable long-term auditory clarity. While Quietum Plus is not positioned as a medical treatment or cure, its natural formula has sparked attention among professionals in wellness and alternative health domains.

    Quietum Plus draws on the principles of plant-based and neuro-nutritional science. By utilizing a blend of botanicals, vitamins, and minerals sourced from clean environments and manufactured under stringent standards, the product aims to restore harmony between the ear, brain, and circulatory system. According to the brand’s creators, the inner workings of the ear require not only mechanical support, but also nourishment to maintain auditory processing efficiency over time. The supplement was designed with this philosophy at its core.

    The growing visibility of Quietum Plus reflects a broader cultural pivot toward proactive health maintenance. Rather than reacting to the onset of serious symptoms with hardware-based solutions or invasive clinical measures, more consumers are seeking early intervention via natural supplementation. This aligns with data indicating rising demand for alternative hearing health strategies—particularly among individuals in their 40s and 50s who are beginning to experience subtle declines in auditory sharpness.

    In the competitive market of wellness supplements, Quietum Plus has distinguished itself by focusing on a singular goal: comprehensive auditory system nourishment. Its formulation reportedly supports blood flow to the inner ear, promotes healthy inflammation response, and helps maintain nerve signaling vital to sound interpretation. Each of these mechanisms, according to the developers, plays a role in how effectively the ear and brain communicate under daily life stressors.

    The product’s emergence also coincides with shifting public perceptions of aging and sensory wellness. Hearing loss, once seen as an unavoidable consequence of growing older, is now being examined as a potentially manageable condition when addressed through supportive daily habits. Quietum Plus leverages this perspective, presenting itself not just as a supplement, but as part of a broader lifestyle movement rooted in longevity and preventative care.

    Industry observers have noted that Quietum Plus is helping shape a new narrative around hearing support—one that reframes the condition not as a stigma or limitation, but as a call for more thoughtful self-care. This fresh framing has appealed particularly to mid-life adults who want to maintain control of their health without relying on external devices or prescriptions.

    The product’s branding also reinforces this shift in mindset. Rather than adopting the clinical tone often associated with hearing treatments, Quietum Plus presents itself with a message of empowerment and renewal. The name itself—derived from the Latin word for “quiet”—evokes serenity, control, and balance, themes echoed in its visual identity and educational materials.

    Beyond branding, the Quietum Plus organization has expressed commitment to consumer transparency. The supplement is produced in FDA-registered and GMP-compliant facilities, a factor that has been emphasized in its marketing and packaging. Furthermore, each batch undergoes rigorous third-party testing to ensure ingredient integrity and safety—practices that reflect the brand’s ongoing efforts to align with evolving industry standards.

    While Quietum Plus is not intended to replace medical treatments, it has gained attention from holistic practitioners and integrative health coaches as a supportive tool. As alternative health gains traction within mainstream discourse, products like Quietum Plus are bridging the gap between traditional wellness disciplines and modern consumer expectations.

    In addition to its internal development efforts, the company has also focused on education and outreach. Throughout 2024 and into 2025, Quietum Plus has launched a series of digital awareness campaigns aimed at encouraging regular hearing check-ups, promoting noise exposure reduction, and supporting dietary habits known to benefit cognitive and neurological function. These initiatives signal the brand’s aspiration to position itself as not only a product provider, but a thought leader in hearing wellness.

    The product’s current market availability is managed exclusively through its official website. This direct-to-consumer model has allowed the brand to maintain tighter control over quality, pricing, and customer service—a strategy that aligns with broader trends across the supplement industry. The official website offers bundled purchasing options and informational resources designed to help users understand the supplement’s role within a larger health framework.

    Looking ahead, Quietum Plus plans to expand its educational outreach while continuing to refine its core offering. Though the company has not announced additional product lines, its leadership has indicated interest in further research collaborations and clinical studies to deepen its understanding of auditory nutrition. This focus on science-backed development could provide new momentum for natural hearing solutions across the global health marketplace.

    As the broader wellness industry continues to evolve, Quietum Plus represents a growing interest in preventative sensory care—particularly in areas that have traditionally been underserved by the supplement category. By bringing focus to an issue that often goes unnoticed until it becomes disruptive, the brand is helping reshape how individuals approach and prioritize their hearing.

    In an increasingly noisy world, Quietum Plus arrives with a message that resonates: that hearing, like any other element of health, deserves proactive attention, natural nourishment, and thoughtful support. As the health-conscious consumer of 2025 seeks options that go beyond temporary fixes, the emergence of Quietum Plus signals a new direction—one where hearing support can be both natural and effective, personal and preventative, scientific and sustainable.

    For more information, educational content, and direct purchasing, visit the official Quietum Plus website.

    Company: Quietum Plus
    Website – https://quietumplus.com/
    Address: 19655 E 35th Dr. #100,
    Aurora,
    CO 80011 USA
    Email: contact@quietumplus.com Order
    Phone Support: 1-800-390-6035 or +1 208-345-4245 

    Disclaimer The information provided in this review is for general educational and informational purposes only and is not intended as, nor should it be considered a substitute for, professional medical advice, diagnosis, or treatment. Always consult with your physician or another qualified healthcare provider before beginning any new supplement, dietary change, or health program—especially if you are pregnant, nursing, have existing health conditions, or are taking medications. Results may vary among individuals.

    The statements made regarding Quietum Plus have not been evaluated by the Food and Drug Administration (FDA). Quietum Plus is not intended to diagnose, treat, cure, or prevent any disease. Any claims made within this article about symptom relief, hearing improvement, or related health benefits are based on the product’s formulation and individual testimonials and not on conclusive clinical evidence. 

    This content does not constitute professional health or medical advice and should not be interpreted as such. Readers should always perform their own due diligence and consult medical professionals before making decisions related to health products.

    Attachment

    • Quietum Plus

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Information on the voting rights attached to the shares issued by Invalda INVL

    Source: GlobeNewswire (MIL-OSI)

    Considering that on 17 June 2025 Invalda INVL has entered into agreements to transfer 41,678 treasury shares in order to exercise stock options granted in 2022 to the employees of Invalda INVL and companies in which Invalda INVL holds more than 50% of the shares and that all the transfers have been recorded in the securities accounts, the number of treasury shares of Invalda INVL has decreased to 240,906 units, representing 1.96% of the total number of issued shares of the company, and therefore the number of votes for the calculation of the quorum for the General Meeting of Shareholders of Invalda INVL has changed as of the date of this notice.

    Data on shares issued by Invalda INVL:

    Type of shares Ordinary registered shares
    ISIN code LT0000102279
    LEI code 52990001IQUJ710GHH43
    Nominal value of 1 share, EUR 0.29
    Number of shares, units 12,299,375
    Authorised capital, EUR 3,566,818.75
    Number of votes granted by all issued shares, units 12,299,375
    Number of votes calculating the quorum of the General Meeting of Shareholders * 12,058,469

    * according to Article 27 (4) of the Law on Companies’ version which is in force at the time of publishing this information, in determining the quorum of the General Meeting of Shareholders, it is considered that the acquired own shares do not grant voting rights.

    The person for additional information:
    Raimondas Rajeckas
    CFO of Invalda INVL
    raimondas@invaldainvl.com

    The MIL Network –

    June 21, 2025
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