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  • MIL-OSI Europe: AMERICA/NICARAGUA – “President of Peace”: Violeta Chamorro, dies in exile

    Source: Agenzia Fides – MIL OSI

    Monday, 16 June 2025

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    Managua (Agenzia Fides) – She marked the history of her country as a symbol of democracy. Violeta Barrios de Chamorro was the woman who defeated Ortega in Nicaragua and the first woman elected President in the Americas on April 25, 1990.”My heartfelt memory, my gratitude, and my prayers go out to Doña Violeta. She was a woman of integrity, courage, and faith. She now lives forever in the heart of God, in whom she believed and whom she loved. My condolences go out to her children and her entire family in this time of mourning. Thank you, Doña Violeta!” said the Auxiliary Bishop of Managua, Silvio José Báez, who lives in exile between Rome, Madrid, and Miami (see Fides, 22/6/2020).She took over a country ravaged by war and divided between the Sandinistas and the opposition. That year, Nicaragua suffered more than 50,000 deaths in the war between the so-called Contras and the army, as well as severe economic bankruptcy. “Doña Violeta” ruled from 1990 to 1997. Violeta Barrios de Chamorro, known in Central America as the “President of Peace,” died last Saturday, June 14, 2025, in exile in San José, Costa Rica, leaving a sign and a light that will forever reflect democracy in Nicaragua. (AP) (Agenzia Fides, 16/6/2025)
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  • MIL-OSI Europe: AFRICA/SUDAN – Parish priest of El Fasher killed by stray bullet

    Source: Agenzia Fides – MIL OSI

    Khartoum (Agenzia Fides) – Father Luka Jomo, parish priest in the besieged city of El Fasher, Sudan, was killed by a stray bullet. This was announced in a statement by the diocese of El Obeid on June 13. “Dear fathers, sisters, and all the faithful. It is with great sorrow that I write to inform you of Fr Luka Jomo’s passing to the Father’s House this morning (June 13) at 3am in El Fasher. The cause of death was a stray bullet that took his life and that of two other young people. Let us unite in prayer and ask God the Father that their souls may rest in peace”.El Fasher, the capital of North Darfur, considered to be the last stronghold of the Sudan Armed Forces (SAF) in the region, controlled almost entirely by the rival Rapid Support Forces (RSF) of General Mohamed Hamdan “Hemedti” Dagalo who continuously bomb the city. Father Jomo was therefore a victim of these bombings, not the intended victim of a targeted assassination.After the Angelus on Sunday 15 June, Pope Leo XIV addressed his thoughts “to the Republic of Sudan, torn apart by violence for over two years now. I was saddened to receive the news of the death of Father Luke Jumu, parish priest of El Fasher, who was a victim of a recent bombing. I offer the assurance of my prayers for him and all the victims, and I renew my appeal to warring parties to stop the violence, protect civilians and engage in dialogue for peace. I also urge the international community to intensify efforts to provide at least essential assistance to the people, who have been severely affected by this grave humanitarian crisis.” The three-year Sudanese civil war that broke out in April 2023 has left tens of thousands dead, 14 million internally displaced persons and more than three and a half million refugees in neighboring countries. (L.M.) (Agenzia Fides, 16/6/2025)
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  • MIL-OSI Europe: AFRICA/SUDAN – Parish priest of El Fasher killed by stray bullet

    Source: Agenzia Fides – MIL OSI

    Khartoum (Agenzia Fides) – Father Luka Jomo, parish priest in the besieged city of El Fasher, Sudan, was killed by a stray bullet. This was announced in a statement by the diocese of El Obeid on June 13. “Dear fathers, sisters, and all the faithful. It is with great sorrow that I write to inform you of Fr Luka Jomo’s passing to the Father’s House this morning (June 13) at 3am in El Fasher. The cause of death was a stray bullet that took his life and that of two other young people. Let us unite in prayer and ask God the Father that their souls may rest in peace”.El Fasher, the capital of North Darfur, considered to be the last stronghold of the Sudan Armed Forces (SAF) in the region, controlled almost entirely by the rival Rapid Support Forces (RSF) of General Mohamed Hamdan “Hemedti” Dagalo who continuously bomb the city. Father Jomo was therefore a victim of these bombings, not the intended victim of a targeted assassination.After the Angelus on Sunday 15 June, Pope Leo XIV addressed his thoughts “to the Republic of Sudan, torn apart by violence for over two years now. I was saddened to receive the news of the death of Father Luke Jumu, parish priest of El Fasher, who was a victim of a recent bombing. I offer the assurance of my prayers for him and all the victims, and I renew my appeal to warring parties to stop the violence, protect civilians and engage in dialogue for peace. I also urge the international community to intensify efforts to provide at least essential assistance to the people, who have been severely affected by this grave humanitarian crisis.” The three-year Sudanese civil war that broke out in April 2023 has left tens of thousands dead, 14 million internally displaced persons and more than three and a half million refugees in neighboring countries. (L.M.) (Agenzia Fides, 16/6/2025)
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  • MIL-OSI Europe: AFRICA/NIGERIA – “The survivors of the Yelwata massacre are terrified and lack everything”

    Source: Agenzia Fides – MIL OSI

    Monday, 16 June 2025

    Abuja (Agenzia Fides) – “The survivors of the massacre are terrified; they have suffered and seen unspeakable violence” Father Remigius Ihyula, Coordinator of the Development, Justice and Peace Commission of the diocese of Makurdi, in the State of Benue (in the central-eastern part of Nigeria) told Fides referring to the massacre of a group of displaced people hosted at the Catholic mission of Yelwata, in the local administrative area of Gouma, cited yesterday, June 15, by Pope Leo XIV.”We are talking about several hundred people who were displaced from their farms by gangs of Fulani nomads and then housed in a parish facility,” Father Ihyula told Fides. “A group of Fulani nomads attacked the facility on the night of June 13-14. At least 200 people were killed.” “The attackers not only carried out a massacre, but also vandalized the building. The survivors now lack everything, from food to clothing, mattresses, blankets, and even medicine,” the priest continued. According to Father Ihyula, “the massacre has been highlighted in the international media because of the large number of dead, but here we witness violent deaths every day. One day, three people are killed, the next, ten, and so on.”The Coordinator of the “Justice and Peace” Commission says he does not at all share the view expressed by some Western media that “the Fulani nomads are victims of climate change.” According to this interpretation, climate change is driving Fulani herders to violently occupy farmers’ land in search of new land and water sources for their livestock. “No, that’s not the case,” he emphasizes, “because the armed Fulani nomads are motivated by an Islamist ideology.They want to conquer the land of Christian farmers in order to later establish an Islamic state.” “As head of the Justice and Peace Commission in the Diocese of Makurdi, I personally sought dialogue with the Fulani nomads. But they have always rejected it,” the Catholic priest concludes. (L.M.) (Agenzia Fides, 16/6/2025)
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  • MIL-OSI Europe: AFRICA/NIGERIA – “The survivors of the Yelwata massacre are terrified and lack everything”

    Source: Agenzia Fides – MIL OSI

    Monday, 16 June 2025

    Abuja (Agenzia Fides) – “The survivors of the massacre are terrified; they have suffered and seen unspeakable violence” Father Remigius Ihyula, Coordinator of the Development, Justice and Peace Commission of the diocese of Makurdi, in the State of Benue (in the central-eastern part of Nigeria) told Fides referring to the massacre of a group of displaced people hosted at the Catholic mission of Yelwata, in the local administrative area of Gouma, cited yesterday, June 15, by Pope Leo XIV.”We are talking about several hundred people who were displaced from their farms by gangs of Fulani nomads and then housed in a parish facility,” Father Ihyula told Fides. “A group of Fulani nomads attacked the facility on the night of June 13-14. At least 200 people were killed.” “The attackers not only carried out a massacre, but also vandalized the building. The survivors now lack everything, from food to clothing, mattresses, blankets, and even medicine,” the priest continued. According to Father Ihyula, “the massacre has been highlighted in the international media because of the large number of dead, but here we witness violent deaths every day. One day, three people are killed, the next, ten, and so on.”The Coordinator of the “Justice and Peace” Commission says he does not at all share the view expressed by some Western media that “the Fulani nomads are victims of climate change.” According to this interpretation, climate change is driving Fulani herders to violently occupy farmers’ land in search of new land and water sources for their livestock. “No, that’s not the case,” he emphasizes, “because the armed Fulani nomads are motivated by an Islamist ideology.They want to conquer the land of Christian farmers in order to later establish an Islamic state.” “As head of the Justice and Peace Commission in the Diocese of Makurdi, I personally sought dialogue with the Fulani nomads. But they have always rejected it,” the Catholic priest concludes. (L.M.) (Agenzia Fides, 16/6/2025)
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  • MIL-OSI Europe: ASIA/MYANMAR – The Vicar of Mandalay: “We thank Pope Leo for his words and his attention to the suffering of the civilian population”

    Source: Agenzia Fides – MIL OSI

    Archdiocese of Mandalay

    Mandalay (Agenzia Fides) – “Throughout Myanmar, there are areas where fighting is taking place, where people are displaced, where civilians are suffering great hardship while fleeing the conflict. In our Diocese of Mandalay, in particular, the Sagaing area is the most affected by clashes, bombings, and immense suffering of the civilian population,” Fr. Peter Sein Hlaing Oo, Vicar General of the Archdiocese of Mandalay in north-central Myanmar, told Fides. The Vicar General and the entire local Church appreciate the words of Pope Leo XIV, who, during the Sunday Angelus prayer yesterday, June 15, recalled the ongoing fighting in Myanmar. “We thank him for his words and his attention to the suffering of the civilian population,” he said. The Catholic priest tells Fides about the situation in Sagaing: “Many villages have been abandoned or reduced to rubble due to the constant bombing. The helpless people do not know where to find refuge. There are Catholic churches and parishes in this area, and all of them are in serious difficulty. We have Catholic believers in both the regime-controlled areas and those controlled by the resistance. And there are believers who are caught in the crossfire. The people are helpless and defenseless. But our priests are courageously working for the people, especially the elderly, women, and children, who often lack even the bare necessities to support themselves. Together with religious and catechists, they are providing social services in areas that are very dangerous because they have been affected by the firefights.” “We continue to pray every day, hold Masses and prayer vigils for our people, for peace, for the future of the nation,” the Vicar General concluded. “We continue to trust in God in this terrible situation. And let us not forget that in Mandalay, in addition to the war, we are also experiencing the devastating effects of the earthquake.” Also speaking to Fides, Joseph Kung, a Catholic from Yangon, who is active in the local Church and teaches at a private university, added: “As the Pope has noted, civilian infrastructure continues to be attacked and destroyed by the army throughout the country. The most painful thing is when schools are attacked, when pupils and students are attacked, young people who only wanted to continue their education.” “There is still so much pain and outrage over the massacre a month ago, when an airstrike on the village of Oe Htein Kwin in the Sagaing region killed 20 pupils and two teachers,” he emphasized.”Among the areas most affected by the conflict are Sagaing, Rakhine State, and areas in Chin and Kachin States. We are constantly receiving reports from the dioceses of Bamaw and Myitkyina, both in Kachin, where many villages have been destroyed and civilians continue to be displaced,” he continues. Kung concludes: “We are grateful to Pope Leo for his appeals. When the Pope mentions Myanmar, it gives us hope because we know we are not alone and abandoned. The population is exhausted and scarred by four years of civil war. We wait and pray every day, placing our suffering in the hands of God and the Virgin Mary.” (PA) (Agenzia Fides, 16/6/2025)
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  • MIL-OSI Europe: ASIA/MYANMAR – The Vicar of Mandalay: “We thank Pope Leo for his words and his attention to the suffering of the civilian population”

    Source: Agenzia Fides – MIL OSI

    Archdiocese of Mandalay

    Mandalay (Agenzia Fides) – “Throughout Myanmar, there are areas where fighting is taking place, where people are displaced, where civilians are suffering great hardship while fleeing the conflict. In our Diocese of Mandalay, in particular, the Sagaing area is the most affected by clashes, bombings, and immense suffering of the civilian population,” Fr. Peter Sein Hlaing Oo, Vicar General of the Archdiocese of Mandalay in north-central Myanmar, told Fides. The Vicar General and the entire local Church appreciate the words of Pope Leo XIV, who, during the Sunday Angelus prayer yesterday, June 15, recalled the ongoing fighting in Myanmar. “We thank him for his words and his attention to the suffering of the civilian population,” he said. The Catholic priest tells Fides about the situation in Sagaing: “Many villages have been abandoned or reduced to rubble due to the constant bombing. The helpless people do not know where to find refuge. There are Catholic churches and parishes in this area, and all of them are in serious difficulty. We have Catholic believers in both the regime-controlled areas and those controlled by the resistance. And there are believers who are caught in the crossfire. The people are helpless and defenseless. But our priests are courageously working for the people, especially the elderly, women, and children, who often lack even the bare necessities to support themselves. Together with religious and catechists, they are providing social services in areas that are very dangerous because they have been affected by the firefights.” “We continue to pray every day, hold Masses and prayer vigils for our people, for peace, for the future of the nation,” the Vicar General concluded. “We continue to trust in God in this terrible situation. And let us not forget that in Mandalay, in addition to the war, we are also experiencing the devastating effects of the earthquake.” Also speaking to Fides, Joseph Kung, a Catholic from Yangon, who is active in the local Church and teaches at a private university, added: “As the Pope has noted, civilian infrastructure continues to be attacked and destroyed by the army throughout the country. The most painful thing is when schools are attacked, when pupils and students are attacked, young people who only wanted to continue their education.” “There is still so much pain and outrage over the massacre a month ago, when an airstrike on the village of Oe Htein Kwin in the Sagaing region killed 20 pupils and two teachers,” he emphasized.”Among the areas most affected by the conflict are Sagaing, Rakhine State, and areas in Chin and Kachin States. We are constantly receiving reports from the dioceses of Bamaw and Myitkyina, both in Kachin, where many villages have been destroyed and civilians continue to be displaced,” he continues. Kung concludes: “We are grateful to Pope Leo for his appeals. When the Pope mentions Myanmar, it gives us hope because we know we are not alone and abandoned. The population is exhausted and scarred by four years of civil war. We wait and pray every day, placing our suffering in the hands of God and the Virgin Mary.” (PA) (Agenzia Fides, 16/6/2025)
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  • MIL-OSI Europe: AMERICA/CHILE – Curacautín, arson attack: San Francisco chapel destroyed again

    Source: Agenzia Fides – MIL OSI

    Monday, 16 June 2025

    Diocesi Temuco

    Santiago de Chile (Agenzia Fides) – “With deep sorrow”, the Diocese of Temuco joins the Catholic community of Curacautín, where “another arson attack has devastated the San Francisco chapel, in the town of Radalco”. What happened in recent days, in the middle of the night, is the second attack on the chapel of the parish of San Pedro de Curacautín: already in 2023, in fact, the structure had been destroyed and immediately rebuilt, but now only ashes remain of this place of worship.In response to this latest act of violence, according to a statement released by the diocese, Bishop Jorge Concha Cayuqueo has expressed his closeness, inviting all believers to join in prayer for peace: “The fire at the San Francisco Chapel is a serious blow to the life of the Christian community and the local people, because it is a place of worship for Catholics for many years and because the chapel has also served the entire community in many ways, regardless of religious beliefs.”“This is a very hard-working community that had united in recent months to rebuild its chapel. Today, once again, they suffer a total loss. But we trust in faith”, said the parish priest of Curacautín, Father Víctor Núñez.The area of Temuco is at the center of the so-called “Mapuche conflict”, a conflict between the Mapuche communities and the Chilean state. The origin of the conflict are issues related to land, autonomy and indigenous culture. The statement released by the diocese concludes with a call for peace: “We raise our voice to reject all acts of violence that threaten spaces of faith, encounter, and prayer. We call on the entire diocesan community and people of good will to join in prayer for our brothers and sisters in Radalco, for peace in Araucanía and for the mutual respect that allows us to live together in fraternity. May Saint Francis of Assisi, patron saint of this chapel, intercede for his community and inspire us with his spirit of peace, reconciliation and love for all creation”. (Agenzia Fides, 16/6/2025)

    Diocesi Temuco

    Diocesi Temuco

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  • MIL-OSI Europe: AMERICA/CHILE – Curacautín, arson attack: San Francisco chapel destroyed again

    Source: Agenzia Fides – MIL OSI

    Monday, 16 June 2025

    Diocesi Temuco

    Santiago de Chile (Agenzia Fides) – “With deep sorrow”, the Diocese of Temuco joins the Catholic community of Curacautín, where “another arson attack has devastated the San Francisco chapel, in the town of Radalco”. What happened in recent days, in the middle of the night, is the second attack on the chapel of the parish of San Pedro de Curacautín: already in 2023, in fact, the structure had been destroyed and immediately rebuilt, but now only ashes remain of this place of worship.In response to this latest act of violence, according to a statement released by the diocese, Bishop Jorge Concha Cayuqueo has expressed his closeness, inviting all believers to join in prayer for peace: “The fire at the San Francisco Chapel is a serious blow to the life of the Christian community and the local people, because it is a place of worship for Catholics for many years and because the chapel has also served the entire community in many ways, regardless of religious beliefs.”“This is a very hard-working community that had united in recent months to rebuild its chapel. Today, once again, they suffer a total loss. But we trust in faith”, said the parish priest of Curacautín, Father Víctor Núñez.The area of Temuco is at the center of the so-called “Mapuche conflict”, a conflict between the Mapuche communities and the Chilean state. The origin of the conflict are issues related to land, autonomy and indigenous culture. The statement released by the diocese concludes with a call for peace: “We raise our voice to reject all acts of violence that threaten spaces of faith, encounter, and prayer. We call on the entire diocesan community and people of good will to join in prayer for our brothers and sisters in Radalco, for peace in Araucanía and for the mutual respect that allows us to live together in fraternity. May Saint Francis of Assisi, patron saint of this chapel, intercede for his community and inspire us with his spirit of peace, reconciliation and love for all creation”. (Agenzia Fides, 16/6/2025)

    Diocesi Temuco

    Diocesi Temuco

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  • MIL-OSI: Gebbia Media Launches New Sports Division, Expanding Support for Elite Athletes Beyond the Game

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and MIAMI, June 16, 2025 (GLOBE NEWSWIRE) — Gebbia Media, a wholly owned subsidiary of Siebert Financial Corp. (NASDAQ: SIEB), has announced the launch of its Sports Division. The new group will focus on serving the unique needs of elite and professional athletes, offering a comprehensive platform that combines financial education, wealth management, tax planning, and strategic support for long-term success.

    At launch, the division has signed several standout NCAA athletes from top programs and universities, including TCU, Villanova, University of Washington, BYU, and Xavier, among others.

    The initiative will be led by Greg Murphy, a former collegiate basketball player and seasoned financial executive for Alliance Bernstein and Investco, newly appointed President of Sport Division. “I’ve spent years helping institutions scale and grow, but this is different,” said Murphy, “Athletes today are more than sports professionals. They are leaders, creators, and entrepreneurs. We’re here to help them navigate that journey with a full team behind them.”

    In line with Siebert’s Financial growth strategy, Gebbia Media’s Sports Division offering is designed to go beyond what traditional sports agencies offer. With in-house capabilities in marketing, PR, media production, and IP development, Gebbia Media will help athletes elevate their personal brands and unlock new ways to share and monetize their stories. These services are paired with the broader financial platform of Siebert Financial, helping athletes protect and grow their wealth well beyond their playing years, starting with a strong focus on financial literacy and education.

    Richard Gebbia, Co-CEO of Muriel Siebert & Co., LLC., as well as a former Ole Miss Football standout, comments: “We understand what athletes are going through. Our goal is to help them build real value that lasts beyond the game. By welcoming them to our offices and spending time with wealth management and finance professionals, we foster financial learning, protect their earnings, grow their potential, and support their ambitions inside and outside of sports.”

    “Gebbia Media is built to go where traditional finance hasn’t,” said David Gebbia, CEO of Gebbia Media “With the launch of our Sports Division, we’re helping a new generation of athletes learn about and take control of their finances, as well as telling their stories, and building their legacies.”

    The division is led by a team of financial and sports management experts with deep experience in athlete representation, contract negotiation, and NIL monetization. With offices in Miami, New York, Los Angeles, Chicago, Nashville, and other key locations, the team operates nationwide. Beyond a current roster that includes multi-million dollar deals for several signed athletes, the pipeline is rapidly expanding across both collegiate and professional circuits.

    About Gebbia Media
    Gebbia Media is an artist-first entertainment company focused on the development and promotion of music and sports talent, catalog acquisition, and bold storytelling across film, television, podcasts, and digital media. As a subsidiary of Siebert Financial Corp., Gebbia Media also functions as the in-house production and marketing agency for Siebert and its subsidiaries, creating branded content, advertising strategies, and social media campaigns.

    Driven by the belief that creativity, raw talent, and commercial acumen can birth extraordinary storytelling, Gebbia Media is building a premier media company rooted in cultural impact and financial strategy. By fusing compelling content with financial infrastructure, the company is redefining how audiences are engaged, enhancing financial literacy, expanding market reach, and unlocking new monetization opportunities across platforms. Gebbia Media’s operations span music, sports, and entertainment, creating powerful synergies between culture and commerce within Siebert’s broader ecosystem. More information is available at www.gebbiamedia.com.

    About Siebert Financial Corp.
    Siebert is a diversified financial services company and has been a member of the NYSE since 1967, when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.

    Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, and StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage; investment banking and capital markets services; investment advisory and insurance offerings; securities lending; corporate stock plan administration solutions; in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.

    Cautionary Note Regarding Forward-Looking Statements
    The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.

    These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2024, and Siebert’s filings with the SEC.

    Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.

    Media Contact:
    Deborah Kostroun, Zito Partners
    deborah@zitopartners.com
    +1 (201) 403-8185

    The MIL Network –

  • MIL-OSI: NANO Nuclear Appoints Experienced Communications and Capital Markets Professional Matthew Barry as Director of Investor Relations

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., June 16, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that Matthew Barry has joined the Company as its Director of Investor Relations.

    As Director of Investor Relations, Matt will spearhead NANO Nuclear’s efforts to connect with and inform its growing retail and institutional investor base and assist with all corporate communication initiatives.

    Matt has over 10 years of experience in accounting, equity research and investor relations at both public and private companies. He began his career at Deloitte, where he audited the financial statements and internal controls of various public and private clients across various industries. Matt served as an equity research analyst at investment banks H.C. Wainwright and Cowen and Company, where he covered an aggregate portfolio of approximately 40 companies across both firms, creating complex financial models and analyzing a wide range of macroeconomic and industry data and trends. He later served as Manager of Investor Relations at Veeco Instruments Inc. (NASDAQ: VECO), a Nasdaq-listed global capital equipment provider, where he led the investor relations function. At Veeco, he successfully developed an in-house investor targeting program and was instrumental in attracting investment from multiple ideal long-only long-term oriented investors who initiated substantial positions in the company.

    Matt joins NANO Nuclear following the recent addition of Intel technologist and former U.S. Department of Energy Deputy (DOE) Chief Data Officer, Seth Berl, Ph.D. as an independent member in NANO Nuclear’s Board of Directors, and the appointment of former U.S. Secretary of Energy and Texas Gov. Rick Perry as Chair of the NANO Nuclear’s Executive Advisory Board. These quality additions to the team highlight NANO Nuclear’s growing reputation for excellence in advanced nuclear technology and its commitment to strong leadership as it propels its ambitious business plans forward.

    “I feel privileged to join this exciting company, which is not only striving to lead the advanced nuclear technology sector, but has made remarkable achievements so far, including having been the top performing initial public offering in the U.S. in 2024,” said Matthew Barry, Director of Investor Relations of NANO Nuclear. “I firmly believe in NANO Nuclear’s mission, and as we continue our progress, keeping our shareholders fully informed and aligned with our long‑term vision is essential. I’m looking forward to bringing my communications experience and my knowledge of public companies and the equity capital markets to NANO Nuclear at this pivotal time and to work with our energetic leadership team committed to delivering lasting value.”

    Figure 1 – NANO Nuclear Appoints Matthew Barry as its Director of Investor Relations.

    Matt earned his Certified Public Accountant (CPA) license in 2017 and Chartered Financial Analyst (CFA) designation in 2024. He holds a Bachelor of Business Administration in Accounting and a Master of Science in Taxation from Hofstra University where he received the FEI Top Accounting Student award.

    “I’m very excited to welcome Matt to NANO Nuclear,” said Jay Yu, Founder and Chairman of NANO Nuclear. “His background in accounting, equity research and investor relations gives him a solid understanding of how public companies work and what their investor communities desire in terms of information and outreach. I believe he will be instrumental in strengthening our dialogue with shareholders, whose support has been vital to our success as we pursue our strategic objectives.”

    “Matt aligns perfectly with our commitment to transparent, investor‑focused communication,” said James Walker, Chief Executive Officer of NANO Nuclear. “His capital‑markets expertise will be invaluable as we engage new investors and broaden market awareness. Matt’s appointment underscores our commitment to excellence, and I look forward to collaborating with him.”

    About NANO Nuclear Energy, Inc.

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

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

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

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

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

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

    For further NANO Nuclear information, please contact:

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

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

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

    Cautionary Note Regarding Forward Looking Statements

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

    Attachment

    The MIL Network –

  • MIL-OSI: ODYSIGHT.AI is strengthening its European Presence to Accelerate Industry 4.0: received Initial Order from Leading EU Player for AI-Driven industrial predictive health monitoring solutions”

    Source: GlobeNewswire (MIL-OSI)

    OMER, Israel, June 16, 2025 (GLOBE NEWSWIRE) — Odysight.AI Inc. (Nasdaq: ODYS), a pioneering developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM), is pleased to announce the receipt of an initial order for its Predictive Health Monitoring (PHM) system, designed to monitor the condition of belts and cables used in cranes and elevators across key industrial sectors.

    Powered by advanced artificial intelligence (AI), this solution is expected to transform infrastructure maintenance by enhancing the performance, reliability, and safety of critical mechanical components, while significantly reducing maintenance costs. As belts and cables are vital to the smooth operation and mobility of goods and people, maintaining their health is essential to preventing costly disruptions.

    Developed for a European industry leader, the new AI-driven system utilizes proprietary high-resolution cameras and machine learning algorithms to monitor component condition in real-time. It can detect early-stage faults and predict failures before they occur. A pilot program is set to begin across several transportation system OEMs in the coming months, with a global rollout planned following system optimization.

    Yehu Ofer, CEO of Odysight.AI, commented:
    “We are proud to receive this initial order from Europe for our Industry 4.0 systems, in what we believe is a substantial step forward. Our partner’s decision to collaborate with us reflects the trust in Odysight.AI’s ability to deliver cutting-edge, reliable solutions across industrial domains. This partnership represents a move toward smarter, safer, and more efficient infrastructure, combining real-time intelligence with operational resilience and a step forward for Odysight.ai in contributing to make the EU a world-class hub for AI human-centric and trustworthy technology solutions.”

    Key anticipated benefits of the collaboration

    • Predictive maintenance & fault prevention:
      The system’s real-time monitoring and AI-driven analytics are designed for early detection of anomalies, helping prevent critical failures and extend asset lifespan.
    • Enhanced safety:
      Continuous oversight of belts and cables is expected to reduce the risk of mechanical and electronic failure, improving safety for both operators and end-users.
    • Operational efficiency:
      Predictive insights support streamlined scheduling, fewer unplanned outages, and improved service reliability across industrial and transportation environments.

    This strategic collaboration not only reinforces Odysight.AI’s leadership in AI-powered visual monitoring but also marks a key milestone in expanding the company’s presence in the Industry 4.0 ecosystem, delivering data-driven innovation to critical industrial infrastructure.

    About Odysight.AI

    Odysight.AI is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.AI leverages proven visual technologies and products from the medical industry. Odysight.AI’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.AI’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring. For more information, please visit: https://www.Odysight.AI or follow us on Twitter, LinkedIn and YouTube.

    Forward-Looking Statements

    Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding the Company’s expectations regarding its Industry 4.0 system. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.AI technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.AI’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction and (xv) political, economic and military instability in Israel, including the impact of Israel’s war against Hamas and Hezbollah. These and other important factors discussed in Odysight.AI’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2025 and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.AI undertakes no obligation to publicly update or revise forward-looking information.

    Company Contact:

    Einav Brenner, CFO
    info@odysight.ai

    Investor Relations Contact:
    Miri Segal
    MS-IR LLC
    msegal@ms-ir.com
    Tel: +1-917-607-8654

    The MIL Network –

  • MIL-OSI: Turtle Beach Corporation Amends Debt Agreement and Resumes Share Repurchases

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 16, 2025 (GLOBE NEWSWIRE) — Turtle Beach Corporation (Nasdaq: TBCH, the “Company”), a leading gaming accessories brand, today announced that it has secured a waiver under its existing debt agreement, allowing for share repurchases of up to $5 million prior to June 30, 2025 pursuant to its new $75 million authorization announced on May 8th. This action reflects the Company’s continued commitment to return capital to shareholders and reinforces management’s confidence in the strength of the Company’s balance sheet and long-term outlook. In addition, as part of the amendment, the Company will pay down $5 million of its outstanding term loan debt facility.

    Separately, the Company is actively engaged in discussions to refinance its outstanding loan balance on improved terms. The Company will provide an update on the refinancing process at the appropriate time.

    About Turtle Beach

    Turtle Beach Corporation (the “Company”) (corp.turtlebeach.com) is one of the world’s leading gaming accessory providers. The Company’s namesake Turtle Beach brand (www.turtlebeach.com) is known for designing best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and groundbreaking gaming simulation accessories. Innovation, first-to-market features, a broad range of products for all types of gamers, and top-rated customer support have made Turtle Beach a fan-favorite brand and the market leader in console gaming audio for over a decade. Turtle Beach Corporation acquired Performance Designed Products LLC (www.pdp.com) in 2024. Turtle Beach’s shares are traded on the Nasdaq Exchange under the symbol: TBCH.

    Cautionary Note on Forward-Looking Statements

    This press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions, or beliefs about future events. Statements containing the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “goal,” “project,” “intend” and similar expressions, or the negatives thereof, constitute forward-looking statements. Forward-looking statements are only predictions and are not guarantees of performance. Forward-looking statements in this press release include, but are not limited to, statements regarding potential share repurchases by the Company and the potential refinancing of the Company’s outstanding loan balance. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. Forward-looking statements are based on management’s current beliefs and expectations, as well as assumptions made by, and information currently available to, management.

    While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, our ability to refinance our indebtedness on terms favorable to the Company, trade policies, including the imposition of tariffs on imported goods and other trade restrictions, the release and availability of successful game titles, macroeconomic conditions affecting the demand for our products, logistic and supply chain challenges and costs, dependence on the success and availability of third-parties to manufacture and manage the logistics of transporting and distributing our products, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the integration of any businesses we acquire and the integration of such businesses within our internal control over financial reporting and operations, our indebtedness, liquidity, and other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and the Company’s other periodic reports filed with the SEC. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the SEC, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.

    CONTACTS 

    Investor Information 
    ICR 
    646.277.1285 
    TBCH@icrinc.com

    Public Relations & Media:
    MacLean Marshall
    Sr. Director, Global Communications
    Turtle Beach Corporation
    858.914.5093
    maclean.marshall@turtlebeach.com

    The MIL Network –

  • MIL-OSI: Athene Announces Key Leadership Appointments Aligned with Five-Year Growth Plan

    Source: GlobeNewswire (MIL-OSI)

    Company Veteran Grant Kvalheim Named Chief Executive

    Jim Belardi Named Executive Chair, Will Continue to Serve as CIO

    Mike Downing and Sean Brennan Named Co-Presidents of Athene USA

    WEST DES MOINES, Iowa, June 16, 2025 (GLOBE NEWSWIRE) — Athene, the leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced today that its Board of Directors has appointed Grant Kvalheim as Chief Executive Officer, effective July 1, 2025. Kvalheim, a 14-year veteran of Athene, most recently served as President, with responsibility for running the company’s U.S. operations, as well as growth initiatives. Jim Belardi, Co-founder, was named Executive Chairman and will remain Chief Investment Officer.

    Athene also announced that Mike Downing and Sean Brennan will be elevated to Co-Presidents of Athene USA. Downing will continue to serve as Athene’s Chief Operating Officer while Brennan will serve as Athene’s Chief Commercial Officer. Downing and Brennan will build upon Athene’s significant growth to date and drive plans to increase financial security for individuals and serve as a solutions provider to corporations.

    These appointments represent a natural evolution in Athene’s leadership and are aligned with the company’s ambitious five-year growth plan as announced at its 2024 Investor Day. To capitalize on the significant market opportunities ahead and drive growth, the company continuously works to elevate and align leaders both in senior leadership and next generation roles.

    Belardi said, “There is no one better positioned than Grant to lead the company through its next phase of growth. Grant, Mike and Sean have been instrumental to Athene’s tremendous success to date, and our market leadership directly reflects their efforts to grow our business by expanding distribution, creating best-in-class product offerings and establishing us as a partner of choice. My partnership with Grant has been critical to Athene’s success and I am pleased it will continue.”  

    Kvalheim said, “There is a massive opportunity ahead for Athene, driven by the growing retirement crisis in the U.S. and the need for guaranteed lifetime income. I look forward to leading Athene as our team meets this unprecedented need by expanding market share, prioritizing innovation, entering new markets and accelerating growth in the defined contribution channel. Athene is uniquely positioned to help an even greater number of people build remarkable retirements.”

    Kvalheim joined Athene in 2011 and has served as President since April 2022, leading its U.S operating companies with a focus on growing organic origination. Prior to joining Athene, Kvalheim was Co-President of Barclays Capital where he grew the European investment grade credit business into a leading global credit franchise across both securitized and non-securitized credit products. Prior to joining Barclays, he held senior executive positions in the investment banks of Deutsche Bank and Merrill Lynch.

    Since joining Athene in 2015, Downing has served as Executive Vice President and Chief Actuary and was elevated to Chief Operating Officer in January 2022. Before joining Athene, Downing held senior executive roles at The Allstate Corporation from 2008-2015. Previously, Downing was a Senior Partner at Aon Hewitt, leading the International Consulting practice following assignments in the UK and Switzerland.

    Brennan joined Athene in 2017 and has served as an Executive Vice President since 2020, with responsibility for various retirement services and reinsurance efforts. Prior to joining Athene, he served as Global Pensions Director for Marsh & McLennan Companies, Inc., and previously spent 14 years with Mercer, most recently as Partner in its Financial Strategy group.

    About Athene

    Athene is the leading retirement services company with over $380 billion of total assets as of March 31, 2025, and operations in the United States, Bermuda, Canada, and Japan. Athene is focused on providing financial security to individuals by offering an attractive suite of retirement income and savings products and also serves as a solutions provider to corporations. For more information, please visit www.athene.com.

    Forward-Looking Statements

    This press release contains, and certain oral statements made by Athene’s representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks, uncertainties and assumptions that could cause actual results, events and developments to differ materially from those set forth in, or implied by, such statements. These statements are based on the beliefs and assumptions of Athene’s management and the management of Athene’s subsidiaries. Generally, forward-looking statements include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” “should,” or “continues” or similar expressions. Forward-looking statements within this press release include, but are not limited to, statements regarding future growth prospects and financial performance. Although Athene management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to be correct. For a discussion of other risks and uncertainties related to Athene’s forward-looking statements, see its annual report on Form 10-K for the year ended December 31, 2024, which can be found at the SEC’s website www.sec.gov. All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

    Contact:

    Jeanne Hess
    VP, External Relations
    +1 646 768 7319
    jeanne.hess@athene.com

    The MIL Network –

  • MIL-OSI: Baker Hughes to Acquire Continental Disc Corporation, a Differentiated Leader in Pressure Management Solutions

    Source: GlobeNewswire (MIL-OSI)

    • CDC’s rupture disc and pressure/vacuum relief valve portfolio is a leader in addressing pressure/vacuum safety and pressure management for critical applications across a broad range of attractive end markets
    • Transaction adds complementary portfolio of products to Baker Hughes existing valves product line
    • Acquisition expected to be immediately accretive to earnings and cash flow per share and IET’s segment margins

    HOUSTON and LONDON, June 16, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it has agreed to acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, from investment partnerships managed by Tinicum Incorporated in an all-cash transaction for approximately $540 million.

    Headquartered in Liberty, Missouri, CDC designs and manufactures rupture discs, rupture disc holders, burst disc indicators, pressure- and vacuum-relief valves, flame and detonation arrestors, and related safety products. These products, which are highly complementary to Baker Hughes Industrial & Energy Technology’s (IET) existing Control Valve and High-Pressure Relief Valve offerings, are deployed across a broad range of industries, including applications across pharmaceutical, chemical, food and beverage, oil and gas, and aerospace markets.

    With a large global installed base and essential products that require regular replacement to maintain safety and operational reliability, CDC generates significant recurring revenue. In 2024, approximately 80% of CDC’s $109 million in proforma revenue was recurring – a key driver of its strong returns and highly accretive margin profile.

    The CDC acquisition, along with the recently announced Surface Pressure Control (SPC) transaction and sale of the Precision Sensors & Instrumentation (PSI) product line, advances Baker Hughes’ portfolio optimization strategy designed to drive more durable earnings and cash flow. These actions reflect the company’s disciplined approach to capital allocation, with a focus on core businesses that offer compelling return potential. The addition of CDC aligns with Baker Hughes’ acquisition criteria: a strong strategic fit with growth and synergy opportunities, accretive margins and returns, and a lifecycle business model that supports long-term aftermarket demand and strengthens earnings quality. The acquisition is expected to be immediately accretive to earnings and cash flow per share, as well as IET’s segment margins.

    “We are excited to enhance our industrial portfolio and expand our addressable market with the addition of CDC’s well-established critical pressure management solutions,” Baker Hughes Chairman and CEO Lorenzo Simonelli said. “Together with the recently announced SPC and PSI transactions, this acquisition sets the blueprint for our portfolio optimization strategy – focused on driving higher returns and creating long-term value for our shareholders.”

    “While we will miss working with the extraordinarily dedicated CDC team, we are thrilled to see the business and CDC’s employees join Baker Hughes, a leader in the global process control and energy technology industries. We are confident that Baker Hughes will bring exciting new growth opportunities to the business and its team, given Baker Hughes’ highly complementary product lines and global reach,” added Michael Donner, Partner of Tinicum.

    The acquisition will be funded with cash on hand and is expected to close in the fourth quarter of 2025, subject to completion of all customary conditions and required regulatory approvals.

    Jefferies is serving as financial adviser and King and Spalding is serving as legal adviser for Baker Hughes on this transaction. William Blair & Company and Baird are serving as financial advisers and Morrison Foerster is serving as legal adviser to the board of Continental Disc Corporation.

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    About Tinicum
    Tinicum, founded in 1974 as a family investment office, is a private partnership that manages a diversified group of manufacturing, distribution, and industrial technology companies. It seeks to be a trusted partner of business owners and executives who share its belief that long-term prosperity can be created by teams of capable, honest people working together and investing diligently to fulfill the potential of a great business. For more information, visit www.tinicum.com.

    For more information, please contact:

    Media Relations

    Adrienne M. Lynch
    +1 713-906-8407
    adrienne.lynch@bakerhughes.com

    Investor Relations

    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network –

  • MIL-OSI: Wedbush Financial Services Acquires Minority Interest in Trigon, Establishing a Strategic Partnership to Expand Global Reach and Enhance Client Solutions

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 16, 2025 (GLOBE NEWSWIRE) — Wedbush Financial Services (WFS), a diversified financial services holding company and parent of Wedbush Securities (WS), and Trigon, a leading Central and Eastern European (CEE) investment banking firm, today announced a strategic partnership in which WFS has acquired a significant minority equity stake in Trigon.

    Through the partnership with WS, Trigon clients will benefit from broader access to global investors, increased ability to lead cross-border equity capital market transactions—including IPOs—and participation in Wedbush-hosted investor conferences and research-driven events. Joint teams from both firms will collaborate on select investment banking mandates, delivering seamless advisory and execution across jurisdictions.

    In tandem, WS establishes a strategic foothold in the fast-growing CEE region, furthering its global strategy, which includes partnerships with leading Asian firms—Maybank Investment Bank, Hana Securities, Yuanta Securities, SK Securities, and Okasan Securities Group—as well as its investment in Velocity Trade. With its growing network of alliances, WS is positioned to support clients across a broader global footprint, navigating complex, multi-market opportunities with integrated, cross-border solutions.

    “We are pleased to welcome Wedbush as a significant minority strategic investor,” said Andrzej Sykulski, Co-founder and Managing Partner at Trigon. “This partnership marks a key milestone in Trigon’s repositioning as a truly global investment banking platform. With expanded access to global markets—particularly the U.S., Canada and Asia—and strengthened cross-border execution capabilities, our clients will benefit from broader investor reach and deeper research coverage. We view Wedbush as a culturally aligned partner that shares our client-first mindset and long-term vision.”

    “We are honored and proud to become a strategic investor in Trigon,” said Gary Wedbush, President & CEO of WFS. “Their leadership position across the CEE, investment banking prowess, and authentic client service culture make them an ideal partner for our global growth strategy. Together, we will offer clients worldwide capabilities with deep local expertise and relentless service.”

    Trigon will continue to operate independently under its current leadership, preserving its entrepreneurial culture, brand, and decision-making structure.

    About Wedbush Financial Services

    Wedbush Financial Services is a diversified financial services holding company. The firm, through WS, provides a wide range of services including investment banking, multi-asset clearing, prime brokerage, wealth management, and brokerage services to both private and institutional clients. Headquartered in Los Angeles, California, WS operates over 100 registered offices and employs nearly 900 professionals. Known for its bespoke client service and use of advanced technology, Wedbush is committed to delivering high-performance solutions across the full range of financial services. Securities and investment advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC

    About Trigon

    Trigon is a leading independent investment banking firm operating in Poland and Central and Eastern Europe since 1989. With a team of over 120 professionals, Trigon specializes in delivering comprehensive advisory services that help clients achieve their strategic goals. The firm is renowned for its deep market understanding, client-first approach, and a track record of executing complex transactions. Trigon’s commitment to excellence has been recognized through numerous accolades, including multiple Euromoney Awards for Excellence, underscoring its position as a trusted partner in the region’s financial landscape.

    Media Inquiries:
    Serina Molano
    publicrelations@wedbush.com
    213-688-4564

    The MIL Network –

  • MIL-OSI: Fairmint Submits Comprehensive Framework to SEC Crypto Task Force to Modernize $6 Trillion Private Markets

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — Fairmint, the leading onchain securities platform and SEC-registered transfer agent, today announced its submission of a comprehensive seven-point policy framework to the SEC’s Crypto Task Force, proposing practical steps to revolutionize America’s $6 trillion private securities market through blockchain technology.

    While public markets benefit from regulated infrastructure through DTCC and registered transfer agents, private markets operate in a regulatory gray zone. The $6 trillion private securities ecosystem relies heavily on unregulated cap table vendors offering expensive spreadsheet software with no settlement capabilities and limited regulatory oversight.

    “Private companies are managing billion-dollar cap tables in Excel while public companies have regulated infrastructure,” said Joris Delanoue, CEO of Fairmint. “This creates unnecessary friction, compliance gaps and limits American capital formation. We’ve spent years building the solution to blur the lines between private and public by going onchain. Now we’re sharing the regulatory roadmap to scale it industry-wide.”

    Fairmint’s framework, submitted to Chairman Paul Atkins and Commissioner Hester Peirce, addresses specific operational challenges encountered daily in private securities administration:

    1. Infrastructure Standardization – Protocol-level interoperability enabling seamless integration across transfer agents
    2. Real-Time Regulatory Observability – Observer nodes providing continuous SEC oversight without compromising privacy
    3. Investor Self-Custody Rights – Direct ownership with embedded compliance protections
    4. Knowledge-based Accreditation – Knowledge-based investor qualification replacing outdated wealth thresholds
    5. Non-Custodial Broker-Dealer Framework – Regulatory clarity for smart contract-based intermediation
    6. Regulated DeFi Sandbox – Controlled innovation environment for compliant experimentation
    7. Direct Settlement Architecture – Protocol-based clearing replacing legacy intermediaries

    The framework emphasizes solutions benefiting the entire equity securities ecosystem, reflecting Fairmint’s vision of blurring the lines between traditional and onchain finance. Each point provides concrete implementation steps the SEC can execute under existing authority, focusing on strengthening oversight while enabling technological innovation.

    Fairmint’s recommendations stem from production systems already processing more than $1B in equity onchain. As a registered transfer agent, the company operates within established securities law while demonstrating how blockchain technology can enhance, not circumvent, investor protections. The company’s Open Captable Protocol, which underlies these operational recommendations, is open source and available for industry-wide adoption.

    “This isn’t about competitive advantage, it’s about supercharging private markets through shared infrastructure development while maintaining the regulatory oversight essential for investor protection,” added Delanoue.

    The submission aligns with growing regulatory momentum for blockchain-based financial infrastructure. Chairman Atkins has emphasized technological modernization as a priority, while Commissioner Peirce has advocated for regulatory clarity supporting responsible innovation.

    “The SEC’s thoughtful approach through the Crypto Task Force creates exactly the right environment to strengthen U.S. leadership in financial innovation,” Delanoue said. “We’re contributing operational insights from our own efforts processing equity onchain that can help shape effective policy. We’re showing how existing law can embrace superior technology that provides real-time oversight, immutable records, and programmable compliance. This framework positions America to lead the next generation of financial infrastructure and we look forward to working in conjunction with the SEC to make it happen.”

    The complete framework submission is available here.

    About Fairmint
    Fairmint pioneers regulated DeFi infrastructure, bringing equity securities onchain. We make it easy to issue, manage, and transfer equity while maintaining full regulatory compliance. Founded in 2019 by Joris Delanoue and Thibauld Favre, Fairmint operates as an SEC-registered Transfer Agent and created the Open Cap Table Protocol (OCP), enabling programmable equity and the foundation for compliant onchain finance.

    Media Contact:
    Tara Evans
    Uproar by Moburst for Fairmint
    press@fairmint.com

    The MIL Network –

  • MIL-OSI: American Rebel Light Beer Expands into Virginia with Valley Distributing – Distribution Momentum Accelerates Nationwide

    Source: GlobeNewswire (MIL-OSI)

    With a New Agreement for Southwestern Virginia and Active Distribution across 11 States Since Launching in September 2024, American Rebel Light Beer – America’s Patriotic Beer Continues its Rapid Rise as America’s Fastest Growing Beer

    NASHVILLE, TN,, June 16, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel, proudly reports that American Rebel Beer has signed a distribution agreement with Valley Distributing Corporation (valleydist.net). Through this agreement, American Rebel Light Beer will now be available in Alleghany, Botetourt, Craig, Roanoke, Montgomery, Giles, Pulaski, Floyd, Franklin, and Bedford counties, proudly reaching more patriotic Americans who believe in great taste and greater values.

    Founded by David Hutchinson Sr. in 1974 after years as a brewery rep with Stroh Brewery, Valley Distributing began operations in Salem, VA in January 1975. What started with distribution rights to Salem, Roanoke, and ten nearby counties quickly grew into one of the region’s most successful wholesalers. After securing the Coors Brewing Company portfolio in 1983, Valley hit its stride, expanding further with brands like Schlitz, Old Milwaukee, Guinness, Dos Equis, Yuengling, and craft favorites such as Flying Dog and Highland Brewing. Today, under the leadership of Jeff and Patrick Hutchinson, Valley remains a powerhouse rooted in service, expertise, and an unwavering commitment to quality.

    “This partnership with Valley Distributing is a perfect match,” said Todd Porter, President of American Rebel Beverage. “They understand what we stand for: quality, community, and country. Together, we are raising a toast to the American spirit – one cold can at a time.”

    “Valley Distributing is excited to partner with American Rebel Beverages and add another quality brand to our expanding portfolio in Southwestern Virginia,” said John Swanson, Sales Manager at Valley Distributing. “We’re confident that American Rebel Light Beer will resonate with consumers who value both a great-tasting beer and the values behind it.”

    “American Rebel Light Beer is brewed with pride and purpose – to celebrate this country and the people who make it great,” said Andy Ross, CEO of American Rebel. “Partnering with Valley Distributing gives us a strong, respected ally in getting our patriotic message and our beer into more hands across Virginia. We have spent some time with the Valley Distributing team and they understand what America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer is all about. Four-time NHRA World Champion and American Rebel Beer sponsored driver Matt Hagan and his family are based out of Virginia and adding Virginia to our list of states that we are available in was very important to us. This is more than business, it’s a movement.”

    American Rebel Light Beer is gearing up for a summer packed with bold flavor, proud moments, and all-American refreshment.– with a bold national ad campaign, key event sponsorships, and rapidly growing demand – Valley’s heritage and hometown strength ensure that the crisp refreshment of American Rebel Light Beer will make a powerful mark in the Commonwealth of Virginia.

    Let Freedom Pour – Celebrate the 4th of July with Free Shipping!

    Now through the end of June, American Rebel Light Beer is offering Free Shipping so our Patriotic Consumers can taste freedom this Fourth of July! Whether you’re grilling with family, watching fireworks, or raising a toast to our great nation, enjoy the crisp, clean, bold taste of America’s Patriotic Beer – delivered right to your door at no extra cost.

    Stock up today and let freedom ring with every sip!
    Purchase now at: https://shop.americanrebelbeer.com

    About American Rebel Light Beer

    American Rebel Light is more than just a beer – it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida, Indiana and now Virginia and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms (@americanrebelbeer).

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    For more information about American Rebel Light Beer follow us on social media @AmericanRebelBeer.

    For more information, visit americanrebelbeer.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebelbeer.com. For investor information, visit americanrebel.com/investor-relations.

    Watch the American Rebel Story as told by our CEO Andy Ross visit The American Rebel Story.

    Media Inquiries:

    Matt Sheldon
    Matt@Precisionpr.co
    917-280-7329

    American Rebel Holdings, Inc.

    info@americanrebel.com

    ir@americanrebel.com

    American Rebel Beverages, LLC

    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our continued sponsorship of high profile events, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Banzai Appoints Michael Kurtzman as Chief Revenue Officer

    Source: GlobeNewswire (MIL-OSI)

    Veteran Revenue and Go-to-Market Executive to Scale Leading Video Engagement, Production, and Webinar Solutions

    SEATTLE, June 16, 2025 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced the appointment of Michael Kurtzman as Chief Revenue Officer of Banzai to head operations and customer-facing functions of leading video engagement, production, and webinar solutions including Demio, CreateStudio, and OpenReel, effective Monday, June 16, 2025.

    Michael Kurtzman is a seasoned revenue and go-to-market executive with more than 20 years of global experience driving growth across startups, growth-stage ventures, and Fortune 50 companies. He has led organizations through revenue expansion from $10 million to over $100 million, with deep expertise in B2B enterprise SaaS and AI solutions across sectors such as financial services, media, and education.

    Most recently, Michael served as CEO of Violett, Inc., an AI-enabled air health platform. Prior to that, he was Chief Revenue Officer at Zype (acquired by Backlight), where he oversaw all revenue and customer-facing functions and led the integration of multiple acquisitions. Earlier in his career, he served as Senior Vice President of Sales at Panopto, a venture-backed SaaS company, where he helped triple annual recurring revenue and supported a successful exit. He also held the role of Vice President of Global Sales at Comcast Technology Solutions, following its acquisition of the Platform.

    “As we enter our next phase of growth, Michael brings the experience and demonstrated success to scale technology companies, and we welcome him to this new role,” said Joe Davy, Founder and CEO of Banzai. “His extensive experience across operations and customer-facing functions will enable him to grow our Video business unit while overseeing sales, marketing, customer support, professional services, and operations, with a dotted-line influence over product management and engineering.”

    “Michael will be responsible for accelerating self-service subscriber growth, enterprise and mid-market expansion, and customer retention, while ensuring the continuous evolution of our product offerings. The primary objective of his role will be to increase revenue in the Video business unit to $50 million over the following three years,” concluded Davy.

    Michael Kurtzman added, “I am honored to be joining Banzai to scale its high-growth SaaS business. Combined with recent acquisitions, Banzai has built intuitive, high-impact AI-powered video solutions with Demio, CreateStudio, and OpenReel that drive engagement, retention, and revenue. I look forward to working with the team to meet our revenue and operational goals in the months and years ahead.”

    About Banzai

    Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes. On a mission to help their customers grow, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Customers who use Banzai’s product suite include Autodesk, Dell Technologies, New York Life, Thermo Fisher Scientific, Thinkific, and ActiveCampaign, among thousands of others. Learn more at www.banzai.io. For investors, please visit https://ir.banzai.io.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.

    Investor Relations
    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    BNZI@mzgroup.us
    www.mzgroup.us

    Media
     Nancy Norton
     Chief Legal Officer, Banzai
    media@banzai.io

    The MIL Network –

  • MIL-OSI: Form 8.3 – [ALPHA GROUP INTERNATIONAL PLC – 13 06 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ALPHA GROUP INTERNATIONAL PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 13 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.2p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,402,542 3.3153    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,402,542 3.3153    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.2p ORDINARY SALE 8,858 3025p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: Scarlet from Candy AI Named Top AI Companion of 2025

    Source: GlobeNewswire (MIL-OSI)

    VALLETTA, MALTA, June 16, 2025 (GLOBE NEWSWIRE) — Scarlet Ashford from Candy AI has been awarded the title of Top AI Companion of 2025, following an announcement by RedHairGirls.com, a platform dedicated to in-depth evaluations of AI characters and technologies, operated by Omniserp.

    This year’s competition featured 28 AI personalities from various platforms, with evaluation criteria including conversational realism, emotional responsiveness, user interaction quality, and overall character development.

    In a closely contested ranking among leading digital companions, Scarlet stood out for her intelligent dialogue, distinctive personality, and strong emotional engagement. Judges and users alike commended her for offering a well-rounded, lifelike experience that balances personality depth with engaging conversation.

    The fiery redhead is part of Candy AI’s growing roster of over 100 AI companions, and has been part of the platform since its official launch in 2024. With this recognition, Candy AI now proudly holds the title of offering one of the most beloved redhead AI girlfriends in the virtual companionship space.

    This Year’s Award for the Best AI Girlfriend Was a Tightly Contested One

    RedHairGirls.com is known for its detailed reviews and fan-voted rankings of redhead-themed AI companions. The site’s editorial team has been following Candy AI’s development closely since the beginning. To date, RHG has reviewed a total of 28 redhead AI characters, with Scarlet consistently earning high praise in both public polls and private feedback forums.

    In a tight race between Camille from Luvr AI, Hazel from Kupid AI, and Scarlet from Candy AI, the RedHairGirls.com judging panel scored each character on depth, engagement, and overall user experience. While each finalist brought something unique to the table, Scarlet edged ahead.

    Scarlet Is Available on Candy AI with Full Support for Chat, Voice, and Video

    According to internal usage data, she remains one of the most actively engaged-with characters on the platform – especially among new users, consistently topping fan polls and private feedback threads.

    As Candy AI continues to expand its offering with personalities ranging from wholesome to wildly entertaining, Scarlet’s recognition signals a broader shift: the age of emotionally intelligent, visually immersive AI partners has officially arrived.

    Candy AI consistently ranks among the top platforms for AI girlfriends, praised for its character depth, customization, and multimedia experience. At the same time, RedHairGirls.com aims to become the go-to source for reviews, rankings, and commentary on redhead AI companions across all major platforms.

    As the space grows more competitive, RHG is doubling down on its editorial coverage to help users discover standout personalities like Scarlet and stay informed on what’s new, what’s hot, and what’s worth chatting with next.

    For more on Scarlet and other AI girlfriend reviews, visit https://redhairgirls.com/en/ to read the full breakdown. And if you’d like to experience Scarlet for yourself, you can start chatting with her directly at under this link: https://candy.ai/ai-girlfriend/scarlet-ashford

    Media contact

    Brand: Omniserp Digital iGaming

    Contact: Goran Kordic

    Email: hello@omniserp.com

    Website: https://www.omniserp.com

    The MIL Network –

  • MIL-OSI: DAMAC Properties Officially Launches DAMAC Chelsea Residences, Introducing a New Era of Urban Luxury in Central Dubai

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 16, 2025 (GLOBE NEWSWIRE) — DAMAC Properties Dubai is proud to announce the official launch of DAMAC Chelsea Residences, a new residential development that redefines modern luxury living in the heart of Dubai. Strategically located and inspired by the success of DAMAC CANAL HEIGHTS 2, this timely launch offers buyers and investors a unique opportunity to secure a home in one of the city’s most promising lifestyle communities.

    Set in a prime location with seamless access to Dubai’s financial, commercial, and leisure districts, DAMAC Chelsea Residences is poised to become a new landmark for contemporary living. This launch comes as Dubai’s real estate market continues its strong upward trend, with growing demand for high-end, well-connected properties.

    “We’re excited to bring Chelsea Residences to the market at a time when Dubai is witnessing exceptional demand for premium real estate,” said a DAMAC Properties spokesperson. “This project embodies the essence of urban sophistication, with unmatched design, elite amenities, and a location that speaks to both convenience and prestige.”

    Key Features of DAMAC Chelsea Residences

    • Prime Central Location: Minutes from Burj Khalifa, Dubai Mall, DIFC, top schools, and hospitals
    • Design Influence: Inspired by DAMAC CANAL HEIGHTS 2, with sleek interiors and expansive windows
    • Modern Units: From chic one-bedroom apartments to elegant penthouses
    • Luxury Amenities: Rooftop pool with skyline views, co-working spaces, children’s play zones, private lounges
    • Smart Living: High-end appliances, smart home systems, and full-service property management
    • Security and Services: 24-hour concierge, valet, and advanced security systems

    Ideal for Investors and End-Users

    With Dubai’s property market showing sustained momentum, DAMAC Chelsea Residences offers strong investment appeal. The development is expected to generate high rental yields and long-term value appreciation. DAMAC also provides comprehensive property management solutions, making it an ideal option for both local and international buyers.

    About DAMAC Properties Dubai
    DAMAC Properties has been at the forefront of luxury real estate in the Middle East since 2002, delivering iconic residential, commercial, and leisure properties across the region and beyond. Known for its attention to detail and innovation, DAMAC continues to set new standards for modern living.

    For More Information:
    Visit: https://damacproperties-dubai.com

    Contact:
    Rebeca Pop
    BusyDay Agency
    hello@busyday.agency

    Disclaimer: This content is provided by DAMAC Chelsea Residences. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or business advice. All investments carry inherent risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any inaccuracies, misrepresentations, or financial losses resulting from the use or reliance on the information in this press release. Speculate only with funds you can afford to lose. In the event of any legal claims or concerns regarding this article, we accept no liability or responsibility . Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without warranties or representations of any kind, express or implied. We assume no responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained herein. Any complaints, copyright issues, or inquiries regarding this article should be directed to the content provider listed above.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b9bebf8d-e42c-4156-bfa3-27068744266c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/386766c0-721f-41dc-b625-8280747a5d74

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d5b34809-e0c9-4b80-8169-06cd1bac80e6

    The MIL Network –

  • MIL-OSI China: China’s economy maintained steady momentum in May amid external uncertainties

    Source: People’s Republic of China – State Council News

    BEIJING, June 16 — China’s economy continued to expand steadily in May, supported by ongoing policy measures that helped sustain recovery amid global uncertainties, official data showed on Monday.

    Key economic indicators — industrial production, retail sales, investment and services — extended gains last month, while employment continued its stable trend, according to the National Bureau of Statistics (NBS).

    Noting “a rapidly changing international environment,” NBS spokesperson Fu Linghui said that China’s economy has demonstrated strong resilience and vitality, backed by government efforts to expand domestic demand and maintain the stability of employment, businesses, markets and expectations.

    China’s consumer spending in May posted its strongest growth in nearly 18 months, with retail sales of consumer goods expanding 6.4 percent year on year in May, a 1.3-percentage-point increase from April.

    The services sector accelerated, with the services production index climbing 6.2 percent last month, accelerating from the 6 percent growth recorded in April. “Growing domestic consumption and holiday travel drove faster services growth,” Fu noted.

    Industrial production rose 5.8 percent year on year in May, NBS data shows, with equipment and high-tech manufacturing leading with 9 percent and 8.6 percent respective growth figures. Fixed-asset investment increased 3.7 percent year on year in the first five months of 2025.

    On the job front, the average surveyed urban unemployment rate in China stood at 5 percent in May, down 0.1 percentage points from April.

    “The unemployment rate among the main working population remained stable, with the youth unemployment rate declining for a third consecutive month, reflecting continued stability in the overall job market,” Fu revealed.

    He told press that May’s stable economic performance was built on sustained macro policy efforts, which facilitated demand expansion, production growth and improved expectations, and unleashed economic vitality.

    “The country’s trade-in policies significantly accelerated relevant consumer goods sales,” he noted in particular. Retail sales of household appliances and audio-visual equipment, communication devices, furniture, and cultural and office supplies grew between 25.6 percent and 53 percent year on year last month.

    “Together, these categories contributed 1.9 percentage points to the overall growth of retail sales of consumer goods,” Fu said.

    China launched a consumer goods trade-in program last year to boost consumer spending, subsidizing trade-ins of automobiles, home appliances and home decoration products. It expanded the scope of the program earlier this year.

    The effective implementation of trade-in policies has also boosted consumer demand for green, smart and high-quality products, which in turn drove production growth. In May, the output of new energy vehicles, tablet computers and e-bikes grew 31.7 percent, 30.9 percent and 20.5 percent year on year, respectively.

    Fu said that this overall performance suggests strong support for China’s economic growth throughout the year, but also cautioned about the complicated, severe external environment and domestic pressure from the transition from traditional economic drivers.

    China’s gross domestic product grew 5.4 percent year on year in the first quarter of 2025. The country is targeting full-year economic growth of about 5 percent this year.

    Looking ahead, Fu said that the foundation underpinning China’s long-term economic development has not changed, citing the country’s solid development momentum, effective pro-growth policies and strengthened innovation, all of which provide support for quality growth.

    “For the first half of 2025, the Chinese economy is expected to maintain its overall stability while achieving stable progress,” he said.

    He pledged that China will work to implement its more proactive macro policies, enhance innovation-driven development, and steadily advance high-quality growth to promote solid, sustained economic development.

    “China has ample policy reserves that allow for dynamic adjustments to address evolving challenges, which will ensure continued support for stable economic operations,” Fu said.

    MIL OSI China News –

  • MIL-OSI China: Xi meets Kazakh President Kassym-Jomart Tokayev

    Source: People’s Republic of China – State Council News

    Chinese President Xi Jinping met in Astana on Monday with Kazakh President Kassym-Jomart Tokayev ahead of the second China-Central Asia Summit.

    Xi arrived in the Kazakh capital of Astana earlier Monday to attend the second China-Central Asia Summit.

    MIL OSI China News –

  • MIL-OSI China: China-Central Asia freight trains soaring amid closer economic ties

    Source: People’s Republic of China – State Council News

    The whistle of a freight train echoed through Wujiashan Station in the central Chinese city of Wuhan Saturday. The train loaded with 55 containers including 10 carrying hot melt adhesive — a construction material in high demand in Central Asia — was bound for Uzbekistan.

    “Since April this year, the route from Wuhan to Central Asia has become a regular service, operating one train per week,” said Wang Ziye, business manager at a railway operation company. A week later, another train carrying 51 containers of auto parts is scheduled to depart for Uzbekistan.

    Wuhan’s new rail link is part of a broader freight train network that has rapidly expanded across the country, reflecting deepening economic and trade relations between China and Central Asian countries.

    The network has been particularly busy this year. On May 20, the northern Chinese city of Tianjin sent 50 containers of auto parts, machinery, construction materials, and home appliances to Tashkent, Uzbekistan.

    Southwestern Chongqing city dispatched in April its inaugural regular Central Asia train, loaded with polyester chips, with plans for two trains per month. In late March, Gansu Province saw its first direct train to Almaty, Kazakhstan, transporting 183 automobiles.

    Despite global trade headwinds, the China-Central Asia freight train network is thriving, acting as a vital and stable trade artery.

    In 2024, 27 Chinese provinces and cities operated 11,920 freight trains to Central Asia, an 11.3 percent increase from the previous year. The total cargo transported reached 882,712 twenty-foot equivalent units (TEUs), up 13.2 percent.

    Fu Kun, a sales manager at a Chongqing-based supply chain company, attributes this growth to complementary market demands between China and Central Asian countries. The Chinese market, especially China’s western regions, and Central Asia have growing mutual needs, driving increased trade flows, he said.

    Zhao Lixun, general manager of a freight company in Tianjin, believes that regular China-Central Asia train services have lowered costs and improved logistics efficiency and reliability.

    The freight network has created a robust trade corridor, facilitating the flow of Chinese goods like home appliances, daily necessities, and new energy vehicles into Central Asia, while also bringing Central Asian products such as fertilizers, cotton, and beef to Chinese consumers.

    China’s central and western regions, in particular, have vigorously participated in the economic and trade cooperation with Central Asia. Notably, as the latest evidence of the popularity of Central Asian goods in China’s vast market, high-quality wheat flour from Kazakhstan is now used to cook local Chinese delicacies.

    Liu Guangwu, deputy general manager of a Gansu-based international logistics company, said that trade has diversified from basic goods like aluminum and fruit to include daily necessities, auto parts, machinery, and furniture hardware.

    Official customs data show that trade between China and Central Asian countries reached a record 94.8 billion U.S. dollars in 2024, an increase of 5.4 billion U.S. dollars over the previous year.

    Ding Xiaoxing, a research fellow at the China Institutes of Contemporary International Relations, said China is now the largest trading partner and top investor for multiple Central Asian countries, noting that the country’s cumulative investment in Central Asia has surpassed 30 billion U.S. dollars. 

    MIL OSI China News –

  • MIL-OSI Russia: Students of SPbGASU took part in the IV Interuniversity Patriotic Forum “I Love My Homeland”

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Forum participants

    The team of students from St. Petersburg State University of Architecture and Civil Engineering “Legal Support” (second year students of the Faculty of Forensic Expertise and Law in Construction and Transport) took part in the IV Inter-University Patriotic Forum “I Love My Homeland”.

    The forum, organized by the St. Petersburg University of the Ministry of Internal Affairs of Russia, was held on June 9 at the M. Gorky House of Scientists.

    Our university was represented by Anastasia Abramova (team captain), Elena Samoilova, Alina Bashirova and Anastasia Kochukova under the guidance of Associate Professor of the Department of Legal Regulation of Urban Development and Transport Elena Markova.

    In addition, students from the All-Russian State University of Justice, the Military Institute (Railway Troops and Military Communications), the Russian Customs Academy, other universities, the Ministry of Internal Affairs and the Investigative Committee of the Russian Federation also took part in the forum.

    The forum was held in a quiz format. After the teams were introduced, the students answered questions about culture and history, painting, architecture and poetry, Russian cinema, music and composers of our country. The SPbGASU team took fourth place out of nine.

    “The value of such events is that students do not compete with each other when answering questions, but interpersonal communication takes place between cadets, students and their leaders from different educational organizations. The main topic of the event is the Motherland, something that every citizen should know, because patriotism is not only the willingness to defend, but also knowledge of the history of your country. Therefore, we recommend that everyone who has the opportunity participate in such events to remember some of the most important moments in the history of Russia and learn something new,” said Elena Samoylova. “The forum dedicated to the topic of patriotism and love for the Motherland left a vivid impression. The questions raised at the event were different: some seemed easy and obvious, others were deep and thought-provoking. Particularly interesting were the speeches of the forum participants, who touched on the topic of the modern understanding of patriotism and the role of youth in the development of the country. Such events unite people, inspire good deeds,” shared Anastasia Kochukova.

    “The forum became a source of new information and rethinking of already known facts for me. Particularly valuable was the acquaintance with the experience of various public organizations engaged in patriotic education of youth. Information about new projects aimed at preserving cultural heritage and developing civic activity turned out to be useful. It is important that the information presented was not only educational, but also inspiring, motivating to participate in positive changes,” Alina Bashirova is sure.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Housing project priorities explained

    Source: Hong Kong Information Services

    The Housing Bureau said today it has postponed on a temporary basis the development programme of the public housing project in Fanling Area 17 after reviewing the cost-effectiveness of various housing projects under planning.

    The bureau made the statement in response to media enquiries about the housing development in Fanling Area 17, saying that it has adjusted the project’s development priority but not abandoned it.

    Based on ground investigations, the Housing Department found that the site has a complex geology with a deep bedrock layer. The bedrock level has been found at depths exceeding 80m below ground in general, with the deepest recorded at 120m below ground.

    It noted that if the site is to be used for public housing construction, deep foundation work will be involved. Preliminary estimates of the average construction cost per unit will increase by 60% to 90%, and the construction period will be lengthened by at least 10 months.

    Upon reviewing different housing construction projects, the Housing Department has decided to prioritise the development of other more cost-effective public housing projects in North District, including the completion of approximately 38,000 public housing units in Fanling, Sheung Shui and Kwu Tung North in the next five years.

    The Fanling Area 17 development, which will provide 8,300 flats, was originally scheduled to be completed in the 2031-32.

    Apart from the above production in the five-year period, other projects will be expedited and ready for completion in the second five-year period in North District, including 13,000 and 17,000 units in Fanling North and the Kwu Tung North New Development Area.

    The Housing Bureau reaffirmed that the target supply of 308,000 public housing units in the next 10 years remains unchanged.

    It explained that the adjustment in the priority of the development on this occasion will allow the authority to focus resources on developing first the more cost-effective public housing projects in order to provide homes to those in need as soon as possible.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Eating Your Feelings? A New Study Offers Hope for Emotional Eaters

    Source: US State of Connecticut

    Reaching for a pint of ice cream after a hard day can certainly be comforting. But when eating in response to bad feelings rather than physical hunger becomes a pattern, it also becomes a problem.

    Loneke Blackman Carr, assistant professor of nutritional sciences in the College of Agriculture, Health and Natural Resources, recently published a study in Eating Behaviors demonstrating the feasibility of a novel approach to weight gain prevention that addresses emotional eating. Blackman Carr conducted this work in collaboration with Rachel Goode, an associate professor in the School of Social Work at the University of North Carolina Chapel Hill.

    “Emotional eating” can cause weight gain, which can lead to a host of health risks associated with being overweight or obese including cardiovascular disease and diabetes.

    “Having that disconnect with physiological hunger can lead to weight gain over time,” Blackman Carr says.

    This work fills an important gap in existing research which has largely ignored the role of weight gain prevention in favor of strategies targeting weight loss.

    “Weight gain prevention is a really important but critically underutilized approach to addressing weight in this country which, we know, is an outstanding prevention challenge for public health,” Blackman Carr says. “Focusing on this intersection of weight gain plus addressing the emotional eating that so many of us deal with, I think could provide a really unique way to improve physical and mental health in the short and long term.”

    Over the course of 12 weeks, 31 participants in the “SATISFY” program engaged in online group sessions with a mental health expert with expertise addressing emotional eating, and clinicians experienced in providing obesity treatment.

    One element of the program focused on appetite awareness.

    “This particular training is really helpful because it is targeted for individuals who are experiencing disordered or emotional eating to help them reduce eating related to that mental state,” Blackman Carr says. “It can help prevent weight gain and really bring people into greater awareness of what their true hunger is [rather than] responding to more of an emotional or mental health need.”

    The other part of the program implemented a proven model focused on healthy lifestyle changes for obesity prevention.

    Participants received digital scales and fitness trackers to record their meals and physical activity.

    Combining appetite awareness training and obesity prevention was a novel advancement in this study.

    The goal of this study was to determine if the intervention was feasible and acceptable to participants and hence, if it could be expanded into a larger study.

    The answer was a clear yes.

    Participants indicated a moderate to high level of satisfaction with the program. Participants’ emotional eating decreased significantly two months after the intervention. More than half – 63% — of participants also achieved weight stabilization at the two-month follow up.

    The next step for this work is to conduct a larger pilot study with a randomized control group.

    “We’re looking to compare the intervention that we did with a control group so we can see what’s the magnitude of all the different changes that we can observe,” Blackman Carr says. “With a larger sample and using more of a randomized approach that’s really the gold standard for science, we can start asking the questions of not only can it work but how does it work?”

    This research was funded by the Office of Research Development at UNC Chappel Hill.

    This work relates to CAHNR’s Strategic Vision area focused on Enhancing Health and Well-Being Locally, Nationally, and Globally.

    Follow UConn CAHNR on social media

    MIL OSI USA News –

  • MIL-OSI USA: Stocking Up on Snacks: How Phytoplankton Prepare for the Future

    Source: US State of Connecticut

    Single-cell plants called phytoplankton have a surprising way of remembering conditions in the past to help jump-start their growth in the future, but no one is sure exactly how they do this.

    Researchers, including UConn Department of Ecology and Evolutionary Biology Assistant Professor Colin Kremer, David Anderson of the University of Hawaii, Samuel Fey and Hannah Meier of Reed College, and David Vasseur of Yale University, detail their mechanistic theory of how this phenomenon, known as phenotypic memory, works in phytoplankton in their paper published in PNAS and supported by the National Science Foundation.

    Though small, phytoplankton are hugely important because they make about as much oxygen globally as all of the oxygen-producers we usually think of like trees and grasses, says Kremer. Phytoplankton are abundant in lakes and oceans and besides acting as vital oxygen creators, they also play significant roles in global nutrient cycles and ecosystems, therefore understanding the conditions that impact their productivity is vital.

    “We’re particularly interested in how they are affected by abiotic conditions, like the amount of nutrients available in their environment and temperature, because that influences how quickly they can grow, and where different kinds of species can occur,” says Kremer.

    In recent years, researchers began to realize that predicting phytoplankton growth rates is not as straightforward as simply considering current growing conditions, says Kremer, and that past conditions also play a significant role in current growth through phenotypic memory.

    “We wanted to understand how it’s possible for them to do that,” says Kremer. “They don’t have brains, so how does this past information influence their performance?”

    A mix of green algae and diatoms, two of the major types of phytoplankton investigated in this study, as seen under a microscope. (Photo courtesy of D. Gibson)

    Kremer and his colleagues wanted to dig into this question and develop a mathematical model to help predict the growth of these important organisms. Knowing these details can help predict how quickly phytoplankton populations grow, how they convert solar energy to biomass for food webs or biofuels, and in the case of some species, predict the location and intensity of toxic algal blooms.

    Fey and Meier grew different species of phytoplankton under controlled temperature and light conditions. To manage this, Kremer says he, Vasseur, and Fey built thermal gradient blocks to use space more efficiently while also carefully altering the growing conditions for the many test tubes of phytoplankton they were working with.

    “We grew the phytoplankton in test tubes at different temperatures and then manipulated their past and present conditions by moving the test tubes to different places along that block,” Kremer explains. “Then we measure their growth by looking at how much biomass accumulated over time.”

    In the paper, lead author Anderson detailed the development of a mathematical theory to describe the mechanism of phenotypic memory. He also compared the experimental data to the theoretical model and Kremer says they were excited with how closely the relatively simple model captured the data they collected in the lab.

    “A lot of the work that I do involves trying to develop mathematical and statistical models of how things in ecology work, and very often it’s difficult to fit those mathematical models to experimental data. It’s often a real struggle, and in this case, the model just fit beautifully really early on,” says Kremer.

    “We were initially surprised by how well this model predicted the observed data because it’s relatively simple– but often in ecology, the key is to find the sweet spot between needing to measure and understand dozens of biochemical pathways to obtain an accurate predictions for a single species, versus understanding a few key processes to understand how major groups of organisms will respond to their environment,” says Fey.

    They found that the ability to store nutrients for future biomass production is integral and determines how quickly phytoplankton can grow.

    “The easiest analogy we’ve come up with for this is if you think about a phytoplankton growing in water that’s fairly cold, its ability to grow is fundamentally limited by temperature and its cellular machinery for growth,” says Kremer. “But, for a lot of these phytoplankton, while they’re not growing very quickly, they are still able to take up and store extra nutrients from their environment. It’s like stocking up on snacks and then if their environment warms up, temperature is no longer limiting how quickly they can grow, and they’ve got a ton of snacks, so it supercharges their growth for a period of time.”

    After faster growth in warmer conditions, the phytoplankton’s growth eventually slows down. Once temperatures drop again, their growth also slows since they have run out of snacks.

    “In some instances, we observe phytoplankton being able to perform Herculean feats for a few days. Even though brief, such instances may be matters of life or death for these organisms. For example, our results indicate phenotypic memory can mitigate the downsides of high temperature stress if heatwaves are initiated from cool starting conditions,” says Fey.

    “This nutrient storage or how many snacks they have on hand is a way of carrying over past information about their environmental exposure that then influences how they’re behaving at any given moment in time,” says Kremer.

    To further explore this mechanism, the next steps include measuring the quantities of different nutrients stored over time, says Kremer.

    “We’ve shown there are consistent patterns that are well explained by our new theory for different species of freshwater phytoplankton and one marine phytoplankton. We think it’s likely to be a general mechanism for different phytoplankton, but we’d like to expand how this data is collected. I also think the theory suggests many different things we can now look for in terms of what is happening physiologically within these cells to figure out if it’s the storage of nitrogen or phosphorus, or some other nutrient that drives these patterns,” says Kremer. “When we see differences between species, do they relate to differences in their ability to store nutrients?”

    Other kinds of organisms can store energy and nutrients, not just phytoplankton, and Kremer says they hope if they can begin to understand the dynamics and mechanisms of phenotypic memory in other organisms. These questions become increasingly pressing as the climate changes.

    “Abrupt temperature change has been, and will continue to be, a key experience of life of Earth. This work advances our understanding of how individuals may respond to the types of temperature perturbations that will define the 21st century,” says Fey.

    “Understanding this mechanism lets us make predictions about the consequences [of variability], and that is important,” says Kremer.  “We might be able to improve the predictive ability of ecology for different organisms in environments where temperature and resource levels are starting to become more and more variable.”

    MIL OSI USA News –

  • MIL-OSI: OMS Energy Technologies Inc. Issues Post-IPO Operational Update Featuring Customer Growth, Expansion Initiatives and R&D and Safety Achievements

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 16, 2025 (GLOBE NEWSWIRE) — OMS Energy Technologies Inc. (“OMS” or the “Company”) (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today provided a business update outlining its recent accomplishments as the Company prepares for its inaugural earnings call following its successful Nasdaq listing in May 2025.

    Operational Highlights

    • New order win in Angola and renewed contract in Thailand; Southeast Asia emerging as driving force in customer acquisition
    • Expanding business footprint and growing talent pool
    • R&D achievements and partnerships steadily enriching product portfolio
    • Consistent enhancements to occupational health, safety and environmental management
    • Development initiatives fostering revenue diversification and enhancing financial stability

    Mr. How Meng Hock, CEO of OMS Energy Technologies Inc., commented, “We’re excited to begin our journey as a public company with a healthy operational foundation, underscored by thriving customer relationships and partnerships, an expanding brand presence and cutting-edge R&D and manufacturing capabilities. We are also supported by a strong balance sheet and a deep commitment to prudent financial management, positioning us to quickly and flexibly execute our development strategy when suitable opportunities arise. With our focus on exceptional service and dedication to crafting superior products, we’re confident of delivering innovative solutions to a growing, global customer base, creating value for all of our stakeholders.”

    Customer Growth and Diversification

    Offering a broad array of highly engineered products and customizable solutions for the oil and gas industry, OMS is anchored by a solid base of long-term contracts and longstanding relationships with global and local oil companies, drilling contractors, E&P and oilfield service providers across the Asia Pacific, Middle East and North Africa (MENA), and West African regions. The Company recently entered the Angola market and has secured a letter of award through its Middle East representative for the supply of surface wellhead systems to Grupo Simples Oil in the Onshore Kwanza Basin Block of KON-06 in Angola, expanding its brand presence in West Africa.

    In the Indonesian market, the Company’s marketing efforts are attracting new customers, such as PT Seleraya Belida (South Sumatra) and Pertamina Hulu Sanga Sanga (East Kalimantan), and driving steady growth in sales of surface wellhead and Christmas tree products.

    OMS’ existing customer base continues to exhibit strong loyalty. In June, PTTEP, a long-term customer in the Thailand market, signed a new three-year agreement effective July 1, 2025, further stabilizing the Company’s revenue base. The Company also inked a 10-year supply agreement with Saudi Aramco in early 2024, projected to generate an estimated $120 to $200 million annually. Moreover, the Company’s annual price agreement with Halliburton continues to fuel robust order volumes at its Malaysia and Singapore facilities.

    Geographic and Talent Pool Expansion

    OMS boasts a broad geographic footprint in the oil-rich Asia Pacific and MENA regions, with 11 manufacturing facilities strategically situated across six countries (Singapore, Malaysia, Brunei, Saudi Arabia, Thailand, and Indonesia). By hiring local citizens, producing products and services within these jurisdictions, and sourcing high-value materials locally, the Company establishes eligibility to participate in government tenders and contracts, boosting its competitive edge. Employing locals also helps the Company meet the requirements of localization programs such as IKTVA in Saudi Arabia and TKDN in Indonesia while enriching its talent pool. The Company is exploring new operating jurisdictions to increase market share and extending its reach globally through a growing number of export countries.

    Product Development & Manufacturing Advancements

    OMS’s $1.1 million investment in Additive Manufacturing (AM) research is propelling progress in the development of a metallic seal for the Company’s high-pressure-high temperature (HPHT) gate valves, a technological breakthrough that promises to promote innovation, improve supply chain efficiency and enable better material selection for critical components. To date, OMS has completed Phase 1 of its proof of concept, covering material selection, additive manufacturing methodology and stress analysis on the part for fit, form and function for using this method. The Company continues to invest in R&D, forging partnerships with top institutions such as the Singapore Institute of Manufacturing and Technology (SIMTech) to remain at the forefront of industry innovation.

    Meanwhile, the Company is steadily delivering on orders placed under its long-term agreements with Saudi Aramco and Halliburton Malaysia and Singapore, leveraging its precision manufacturing expertise and strategically-located facilities to produce mission-critical products and custom solutions with shorter lead times. A healthy, balanced manufacturing capacity utilization level empowers OMS to seamlessly meet rising demand from new and existing customers.

    Occupational Health, Safety and Environmental Management Enhancements

    Safety and environmental protection are critical to the oil and gas industry and a key cornerstone of OMS’ operations. The Company holds ISO 9001 and API Q1 quality management system certifications for all of its manufacturing sites, as well as ISO 45001-Occupational Health and Safety Management System and ISO 14001-Environmental Management System certifications. The Company recently completed the annual surveillance audit required to maintain its ISO 45001 and ISO 14001 certifications, a crucial step in the Company’s ongoing implementation of ESG programs.

    Strategic Development Initiatives

    Sustainable, long-term growth remains OMS’ top priority. The Company’s R&D collaboration with Singapore’s Agency for Science, Technology and Research (A*STAR) and SIMTech reflects its commitment to environmental sustainability, covering life cycle analysis, energy efficiency monitoring and digital transformation and innovation. OMS is also actively exploring growth and revenue diversification through acquisitions, joint ventures and strategic alliances. By driving development both organically and externally, OMS is creating a more resilient and balanced portfolio, strengthening the backbone of its business.

    About OMS Energy Technologies Inc.

    OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted single-source supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.

    For more information, please visit ir.omsos.com.

    Forward-Looking Statements

    The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance and include statements regarding the expected size, timing and results of the initial public offering. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “budget,” “plan,” “seek,” “envision,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” as well as the negative of these terms and similar expressions, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

    Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in OMS’s prospectus. OMS undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

    For investor and media inquiries, please contact:

    OMS Energy Technologies Inc.
    Investor Relations
    Email: ir@omsos.com

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    Email: oms@thepiacentegroup.com

    Hui Fan
    Tel: +86-10-6508-0677
    Email: oms@thepiacentegroup.com

    The MIL Network –