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Category: KB

  • MIL-OSI Europe: Einstein Telescope in border region step closer

    Source: Government of the Netherlands

    News item | 18-10-2024 | 12:00

    Major steps have been taken to build the Einstein Telescope in the border region of Belgium, the Netherlands and Germany. This was revealed at the 4th ministerial summit on the project. The Flemish government is already reserving €200 million for the project. In addition, Belgium and the Netherlands support the steps being taken in Germany to definitively earmark funds for the construction of the Einstein Telescope. Finally, it was announced at the summit that the 1rst results of the drilling campaign give the preliminary conclusion that the subsoil in the border area of Belgium, the Netherlands and Germany is sufficiently stable and offers opportunities to build the telescope.

    Newcomers

    That news caused great optimism among the responsible ministers from North Rhine-Westphalia, Belgium and the Netherlands at the Kerkrade conference on the underground telescope.

    Following elections and government formation in the Netherlands and Belgium, a number of new ministers in the Netherlands and Belgium are responsible for the Einstein Telescope project. From Wallonia it is Minister Pierre-Yves Jeholet, in Flanders it is Prime Minister Matthias Diependaele and from the Netherlands Minister Eppo Bruins, who also hosted.

    Commitment in the 3 countries

    Ahead of the summit, it was announced that the new Flemish cabinet is already reserving €200 million for the Einstein Telescope. This is good news. Together with the financial reservation in the Netherlands and the extra boost given by Minister Bruins on Prinsjesdag, a total of more than a billion euros is available for the Einstein Telescope in both countries.
    Germany is also taking steps for the Einstein Telescope. There, an application is under way to get the Einstein Telescope on Germany’s priority list for large scientific infrastructure. This is a necessary condition for a financial contribution. Dutch and Belgian ministers have indicated their support for this proposal.

    Drilling campaign: hard rock favourable

    A key condition for building the Einstein Telescope is that the soil is suitable for it. To determine that, drilling to an average depth of 300 metres was carried out at 11 locations in the border region of Belgium, the Netherlands and Germany. Not all analyses have been completed yet, but the first preliminary conclusions look good. It was found that the subsurface consists of harder rock layers than initially assumed. This is favourable for building an underground research infrastructure. The analysed data from the drillings have been independently verified by the geological service of TNO (Netherlands Organisation for Applied Scientific Research). TNO concurs with the research team’s conclusion based on these initial findings that there are no factors that would make the project unfeasible.
    This drilling campaign and the data collected do not yet say anything about exactly where the 3 vertices for the underground telescope will be. Further geological research is needed for that. In addition, seismic surveys must show that the area is sufficiently noise-free to allow the telescope to measure gravity waves optimally. Furthermore, civil engineering studies must show how the construction of the underground tunnels and vertices is possible. In addition, environmental impact studies will help determine the most suitable location.

    Einstein Telescope of great value

    The Einstein Telescope will be of great value to science, the economy and society. Studies show that every euro invested will pay for itself twice over, and thousands of additional jobs are expected to be created in the border area of the 3 countries. Both for scientists and professionals in the fields of construction, maintenance and hospitality.
    The decision on where to build the Einstein Telescope will be made in 2026. The border region of Germany, the Netherlands and Belgium is in the race together, working on the best possible bid book. The Netherlands has €58 million for preparation and a reservation of €870 million for construction.

    Quotes from national and regional ministers

    Minister Eppo Bruins (OCW) – the Netherlands: ‘Together, we are really another step closer to the Einstein Telescope. The Flemish investment is very good news, and Germany is also taking steps. These agreements and first results of the ground borings mean that the ground under our plan is getting firmer, both literally and figuratively. And that’s good news. Together, we can really give a major boost to science, society and the economy in our countries with the Einstein Telescope.’

    State Secretary Thomas Dermine, Belgium: ‘This latest ministerial meeting shows that the Netherlands, Belgium, and Germany continue to make significant daily efforts to ensure that the candidacy of the EMR region for the Einstein Telescope is as solid and coherent as possible. The Belgian federal government, whose administration (BELSPO) coordinates the work of the Belgian Task Force, closely monitors the next steps to be taken to ensure that this high-value scientific project is actually realized in the EMR region. The realization of a European project of this caliber will enhance the EMR cross-border region and demonstrate that Europe is at the top of scientific technology in the field of gravitational wave detection.’

    Nathanael Liminski, Minister of Federal, European, International Affairs and Media of the State of North Rhine-Westphalia and Head of the State Chancellery: ‘We are constantly fostering cross-border cooperation between North Rhine-Westphalia, the Netherlands and Belgium for the benefit of the people in the region. Of the many areas and projects in which we work together, the Einstein Telescope stands out in particular. Joint cutting-edge research projects send out the signal that we, as Europe, have the confidence to be among the best in the world. The Einstein Telescope has enormous potential, both scientifically and economically.’

    Gonça Türkeli-Dehnert, State Secretary, Ministry of Culture and Research of the State of North-Rhine Westphalia: ‘The research landscape in North Rhine-Westphalia, with its many excellent universities and research institutions, is unique in Europe. I am sure that North Rhine-Westphalia and its partners in the Netherlands and Belgium will be the ideal home for the Einstein Telescope.’

    Minister Pierre-Yves Jeholet, Wallonia: ‘This project is of great importance for scientific research and European scientific collaboration, but also for the economy of our regions, which is why the new Walloon Government fully supports this bid through the Economy and Industry Department. Most of this project will be carried out under Walloon soil, and the spin-offs will be significant for our regions. In the coming weeks, the Walloon Government will be expanding its project team to maximise the chances of this joint bid by Germany, the Netherlands, Flanders and Wallonia.’

    Flemish Prime Minister Matthias Diependaele: ‘The Einstein Telescope is a unique ‘Big Science’ project. It links fundamental science, technological innovation, attraction of STEM fields and international appeal. A strong commitment from all governments involved will enable us to actually bring this unique scientific infrastructure to the Meuse-Rhine Euroregion. This is why the new Flemish government has already entered an initial reservation of 200 million euros in its budget.’

    Deputy Stephan Satijn (Economy, Finance and Business, Public affairs) Province of Limburg (NL): ‘During the ministerial meeting, it became clear that we all want the same thing: to bring the Einstein Telescope to this region. The new ministers are also keeping the Einstein Telescope high on the agenda. With good agreements, we have taken another step forward.’

    MIL OSI Europe News –

    January 24, 2025

  • MIL-OSI Africa: Afreximbank Acts as Joint Lead Manager on Ecobank Transnational Incorporated’s USD 400mn Senior Unsecured Note Issuance

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

    CAIRO, Egypt, October 21, 2024/APO Group/ —

    African Export-Import Bank (“Afreximbank”) (www.Afreximbank.com) is pleased to announce that it has successfully acted as Joint Lead Manager and Bookrunner on a USD 400 million 10.125% Rule 144a/RegS senior unsecured note issuance by Ecobank Transnational Incorporated (“ETI”) due in October 2029.

    The proceeds of the note will fund general corporate purposes of the issuer, including refinancing of a USD350 million senior bridge-to-bond loan facility that was jointly coordinated by Afreximbank in March 2024.

    The note issuance achieved peak orderbook oversubscription of 2.1x, backed by more than 70 high-quality and diverse investors comprising development finance institutions, asset managers, commercial banks and insurance companies from Africa, the UK, USA, Europe and the Middle East.

    Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, commenting on the transaction, said: “We are pleased to have supported Ecobank Transnational Incorporated (“ETI”) in placing the first public Eurobond issuance by any Sub-Saharan African financial institution since 2021, following our bridge financing support earlier in the year. This transaction underscores Afreximbank’s capacity and readiness to structure innovative market access solutions for our pan-African banking partners.”

    Afreximbank’s Advisory and Capital Markets (ACMA) department acted as Joint Lead Manager and Bookrunner on the issuance, working alongside international and African partners.

    MIL OSI Africa –

    January 24, 2025

  • MIL-OSI China: Chinese researchers develop ‘lunar bricks’

    Source: China State Council Information Office 2

    A visitor looks at a lunar soil sample displayed at a Space Day of China science exhibition in Hefei, east China’s Anhui Province, April 24, 2023. [Photo/Xinhua]
    Chinese researchers have developed bricks from a material that has a similar composition to lunar soil, with the hope that they can be used to build a lunar base in the future.
    According to a recent video clip provided to Xinhua by the Huazhong University of Science and Technology (HUST), a team of researchers led by Ding Lieyun used a lunar soil simulant to make “lunar bricks” that are more than three times stronger than standard red bricks or concrete bricks.
    The team also developed another construction option using additive manufacturing technology. The researchers invented a 3D-printing robot to print houses using lunar soil.
    According to Zhou Cheng at HUST, the team used five different simulated lunar soil compositions and three different sintering processes, which can provide more accurate scientific data for the selection of materials and process optimization for future lunar base construction.
    The composition of lunar soil varies in different locations on the moon, Zhou said, noting that there is one composition that simulates the lunar soil at the landing site of Chang’e-5, which is mainly basalt. Some other compositions simulate the soil found at other locations, soil that is mainly anorthosite.
    He explained that the bricks need to undergo performance testing to determine if their mechanical performance will degrade in the lunar environment and whether they can withstand the high frequency of lunar quakes.
    The moon has a vacuum environment with significant cosmic radiation, and temperatures exceed 180 degrees Celsius during the lunar day, dropping to minus 190 degrees Celsius at night. The team has to determine how well the bricks can insulate and if they can withstand the radiation, Zhou said.
    According to China Central Television, the lunar bricks will be sent to China’s space station aboard the Tianzhou-8 cargo spacecraft to verify their mechanical and thermal performance, as well as their ability to withstand cosmic radiation. The first lunar brick is expected to return to Earth by the end of 2025.
    China unveiled a national mid-term to long-term development program for space science on Tuesday, outlining a roadmap for the development of space science in China through 2050. The international lunar research station, which was initiated by China, will be constructed during the program’s second phase from 2028 to 2035.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI Economics: Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal – Extension of period

    Source: Reserve Bank of India

    The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal vide Directive No. CO.DOS.SED.No.S2574/12-07-005/2022-23 dated July 21, 2022 for a period of six months up to close of business on January 22, 2023 as modified from time to time, which were last extended up to close of business on October 22, 2024 vide Directive DOR.MON.D-33/12.29.046/2024-25 dated July 18, 2024. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond close of business on October 22, 2024.

    2. Accordingly, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby extends the Directions for a further period of three months from the close of business on October 22, 2024 to the close of business on January 22, 2025, subject to review.

    3. All other terms and conditions of the Directive under reference shall remain unchanged.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1344

    MIL OSI Economics –

    January 24, 2025

  • MIL-OSI China: Cold front to bring strong winds, rain

    Source: China State Council Information Office 2

    A cold front will hit most parts of China from Monday to Wednesday, causing a further decline in temperatures, the National Meteorological Center warned.
    The center said that the new cold front moving eastward from Northeast China will cause strong wind, rain and snow, with temperatures expected to plummet by 4 to 8 C — and more than 10 C in some areas.
    On Sunday, the center issued a blue alert for strong winds in North and Northeast China as well as coastal areas of Fujian province from 8 am on Sunday to 8 am on Monday. Also, strong winds are expected in parts of the Yellow Sea, the East China Sea, the Taiwan Strait, the South China Sea and the Bashi Channel.
    China has a four-tier, color-coded weather warning system for strong winds, with red representing the most severe warning, followed by orange, yellow and blue.
    As the new cold front moves eastward from Sunday to Tuesday, many areas in central and eastern China will be hit by rain. Snow is expected to fall in parts of Beijing and in the provinces of Hebei and Shanxi, and blizzards are forecast to hit some parts of the Inner Mongolia autonomous region and Heilongjiang province, the center said.
    It added that the cold front was predicted to bring rain and snow to central and eastern China from Sunday to Monday.
    From 8 am on Saturday to 6 am on Sunday, heavy and torrential rain hit Sichuan, Guizhou, Zhejiang, Guangdong and Fujian provinces. Particularly battered were Mianyang and Guangyuan in Sichuan, and Guangzhou in Guangdong.
    Many areas in North China and northern regions along the Yangtze River saw temperatures drop between 6 C and 10 C at 5 am on Sunday, compared with the same time the previous day, the center said.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI China: China’s PCT intl patent applications top world for 5 consecutive years

    Source: China State Council Information Office 2

    China’s international patent applications via the Patent Cooperation Treaty (PCT) ranks first in the world for five consecutive years, said the World Intellectual Property Organization (WIPO) chief during the ongoing 2024 International Association for the Protection of Intellectual Property (AIPPI) World Congress.
    During the congress that opened Saturday in Hangzhou, east China’s Zhejiang Province, WIPO Director General Daren Tang said it is a milestone that the congress is being held in China for the first time.
    Tang said in a video that in the mid-1990s, when China joined the PCT of the WIPO, the annual number of international patent applications via the PCT framework was only about 100, and by 2023 the number reached about 70,000.
    According to AIPPI President Shoichi Okuyama, in recent years, the number of intellectual property applications in China has grown rapidly, and China has become the country with the most international patent applications, meaning that China’s sci-tech innovation capacity has made great progress.
    China has been working hard to formulate and improve relevant laws on intellectual property protection and has maintained active communication and exchanges with other international parties, he added.
    China became the first country in the world to have more than 4 million valid domestic invention patents. The number of applications for international patents via the PCT, design patents in the Hague System and international trademarks under the Madrid System rank among the top in the world.
    Held from Saturday to next Tuesday, the congress attracted about 2,300 industry insiders from 92 countries and regions for in-depth discussions on cutting-edge and hot issues in the field of intellectual property.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI China: US, Canadian warships disrupt stability of Taiwan Strait

    Source: China State Council Information Office 2

    The actions of the United States and Canada disrupted the peace and stability of the Taiwan Strait, a military spokesperson said Monday in response to U.S. and Canadian warships’ sailing through the strait on Sunday.
    The Eastern Theater Command of the Chinese People’s Liberation Army remains on high alert at all times, and resolutely safeguards national sovereignty and security, as well as regional peace and stability, said Li Xi, a spokesperson with the command.
    On Sunday, the U.S. destroyer Higgins and the Canadian frigate Vancouver made a transit through the strait, the spokesperson said.
    Naval and air forces organized by the command closely followed and monitored the vessels’ passage through the strait during the entire process, and addressed the situation in accordance with laws and regulations, Li said.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI China: Former vice president of China Development Bank sentenced to 12 years for bribery

    Source: China State Council Information Office 2

    Wang Yongsheng, former vice president of China Development Bank, has been sentenced to 12 years in prison for accepting bribes, according to a verdict handed down by a court in Jilin city, northeast China’s Jilin province, on Monday.
    Wang was also fined 2 million yuan (about $281,762), and his illegal gains will be confiscated and turned over to the state treasury, according to the verdict.
    An investigation into Wang’s case revealed that between 2010 and 2019, he took undue advantage of his positions to secure benefits for others in getting loans and financing, purchasing bonds and personnel arrangements, among others. In return, he illegally accepted money and valuables worth over 23.51 million yuan.
    The court also noted that Wang had been cooperative in the investigation and in returning the illegal gains. These factors were taken into consideration when determining the sentence.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI China: Luong Cuong elected as Vietnam’s president

    Source: China State Council Information Office

    Luong Cuong, member of the Political Bureau of the Communist Party of Vietnam (CPV) Central Committee and permanent member of the CPV Central Committee Secretariat, was elected as Vietnam’s president on Monday, local media reported.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI Economics: How Honeywell is using Google AI to prepare for the industrial future

    Source: Google

    Industrial companies play a crucial role in our daily lives, whether it’s the airplanes we fly, the medical devices we use or the sensors that manage the air conditioning in our offices. But there’s a looming talent shortage and skills gap in the industrial sector, which could soon create massive challenges for businesses and economies worldwide.

    With an entire generation of workers retiring and — in many cases — no one coming behind them, industrial companies are under tremendous pressure. They are asking how they can maintain the same level of expertise with their current talent, and searching for the best tools to do the work and transition the knowledge between generations. This is essential to keep industrial systems (and the world at large) running every day.

    Enter Honeywell. The longtime industrial partner and technology leader for the industrial sector is collaborating with Google Cloud to further help solve the skills and labor shortages. With Vertex AI, Honeywell is helping industrial assets work harder, people work smarter and processes run more efficiently. As Suresh Venkatarayalu, Honeywell’s CTO and President of Honeywell Connected Enterprise, puts it, “We’re moving from automation to autonomy. Our goal is to equip companies with AI agents that assist workers in real time — on factory floors and in the field. With AI running both in the cloud and at the edge, we’re making sure that systems work smarter and more efficiently.”

    Industrial AI agents that act like workplace ‘coaches’

    For years, Honeywell has been collecting industrial data through Honeywell Forge, a digital platform that draws on designs, manuals, and real-world performance of Honeywell’s global install base (such as how products have behaved in different environments, where issues have occurred, and how to resolve them). Now, Honeywell is using Vertex AI and Google’s large language models (LLMs) to build AI agents, like workplace “coaches,” that make this trove of data more accessible and easier to understand.

    These AI-powered tools will also help automate tasks for engineers, warehouse workers, and technicians for Honeywell and its customers. For example, AI agents can troubleshoot equipment, suggest design improvements, and offer preventative maintenance insights, such as, “How did this unit perform last night?” or “Why is my system making this sound?”

    Edge AI tools to help devices monitor and process data

    Honeywell’s devices are used worldwide in a range of settings — from data centers to hospitals to refineries to warehouses. Internet access can often be challenging, especially in remote locations. To solve this, Honeywell is exploring how to use Gemini Nano to provide AI services at the edge of the network — right on devices like scanners, sensors and controllers — so they can operate autonomously, even when they aren’t connected to the internet.

    Gemini’s multimodal capabilities enable understanding of text, code, images, videos and audio, allowing Honeywell devices to process various data types, from scanning to voice-based guided workflow.

    With Google AI-powered agents, Honeywell is helping bridge the skills gap and ensure the future of the industrial sector. The first solutions built with Google Cloud AI will be available to Honeywell’s customers in 2025. You can find out more information and see future updates on our website.

    MIL OSI Economics –

    January 24, 2025

  • MIL-OSI China: Lebanon condemns Israel’s repeated attacks on UNIFIL positions

    Source: China State Council Information Office

    The United Nations Interim Force in Lebanon (UNIFIL) vehicles are on patrol in Marjayoun, Lebanon, Aug. 28, 2024. [Photo/Xinhua]

    The Lebanese Ministry of Foreign Affairs and Emigrants on Monday condemned Israel’s repeated attacks on personnel and positions of the United Nations Interim Force In Lebanon (UNIFIL), calling on the international community to take a firm stance to support peacekeeping forces.

    In a statement released Monday, the ministry said “these attacks and actions do not merely represent targeting international forces, but also constitute a flagrant violation of international law and international humanitarian law, and may amount to a war crime.”

    The ministry urged the international community to safeguard UNIFIL’s operations, ensuring their security is neither compromised nor threatened. It called for the condemnation of Israel and demanded an immediate halt to its hostile actions against the peacekeeping forces.

    In recent days, Israeli forces have repeatedly targeted UNIFIL positions in southern Lebanon, resulting in injuries to peacekeepers and drawing international criticism.

    On Sunday, a bulldozer of the Israel Defense Forces demolished an observation tower and perimeter fence at a UNIFIL post in the southern Lebanese town of Marwahin.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI China: Chinese VP meets Indonesian new Vice President Gibran Rakabuming Raka

    Source: China State Council Information Office

    Visiting Chinese Vice President Han Zheng met with Indonesia’s newly inaugurated Vice President Gibran Rakabuming Raka in Jakarta on Monday.

    Han congratulated Gibran on his inauguration and emphasized that China and Indonesia are good neighbors and good partners, adding that the cooperation between the two sides is highly complementary and mutually beneficial, which has brought tangible benefits to both nations.

    China is willing to strengthen the synergy of development strategies of the two countries in light of the policy priorities of the new Indonesian government, and continue to deepen the practical cooperation in various fields with the high-quality Belt and Road Initiative (BRI) cooperation taking the lead, ensuring mutual benefit and win-win results, and jointly advancing the building of a China-Indonesia community with a shared future, Han said.

    For his part, Gibran said that the new Indonesian government is willing to work with China to implement the important consensus reached by the two heads of state.

    He said that Indonesia will continue to consolidate the good momentum in developing bilateral relations, and unswervingly deepen bilateral practical cooperation to better benefit the two countries and their peoples.

    At the invitation of the Indonesian government, Han, as the special envoy of Chinese President Xi Jinping, attended the inauguration of Indonesia’s new President Prabowo Subianto in Jakarta on Sunday, and was on a visit to the Southeast Asian country from Saturday to Monday.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI: Diamond Equity Research Initiates Coverage on Solowin Holdings (NASDAQ:SWIN)

    Source: GlobeNewswire (MIL-OSI)

    New York, New York, Oct. 21, 2024 (GLOBE NEWSWIRE) —

    Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has initiated coverage of Solowin Holdings (NASDAQ: SWIN). The in-depth 39-page initiation report includes detailed information on the Solowin’s business model, services, industry overview, valuation, management profile, and risks.

    The full research report is available below. 

    Solowin Holdings Initiation of Coverage

    Highlights from the report include:                                              

    • Distinct Competitive Advantage by Combining both Virtual Asset Trading and Traditional Financing: Solowin stands out as one of the few firms authorized to trade both virtual and traditional assets in Hong Kong, a highly regulated market with significant barriers to entry. This exclusive regulatory approval provides Solowin with a critical first-mover advantage, enabling it to integrate both traditional and digital asset offerings within its service portfolio. The firm’s unique ability to bridge conventional wealth management through Solomon Wealth with cutting-edge digital asset solutions via Solomon JFZ offers investors a diversified and comprehensive platform to manage various asset classes, appealing particularly to high-net-worth individuals and family offices. Solowin has already secured a dominant market position as the largest holder of customer assets in key ETFs such as the ChinaAMC Bitcoin ETF and the Harvest Bitcoin Spot ETF. This substantial market share in the rapidly expanding digital asset sector emphasize Solowin’s execution in capturing growth from emerging investment trends.
    • Robust Strategic Partnerships with Key Industry Players: The strategic collaborations with key financial entities like OSL, MaiCapital, ChinaAMC, and Harvest Global have bolstered Solowin’s capabilities in providing regulated, high-quality financial products. These partnerships not only extend its market reach but also enhance brand credibility and customer trust, which are crucial for sustaining growth and expanding its client base in both traditional and virtual asset markets.    
    • Leveraging Hong Kong’s Vast Market Potential: Hong Kong, a premier global financial hub, presents substantial opportunities for Solowin, as evidenced by the city’s impressive HK$25.5 trillion securities market turnover in 2023, despite global economic fluctuations. This dynamic market, supported by a wealth of high-net-worth individuals and advanced financial infrastructure, provides an ideal setting for Solowin’s diverse financial services. Its strategic location not only offers unrivaled access to Asian markets but also serves as a major conduit for capital flows into and out of China, boosting its attractiveness to international investors. Hong Kong serves as an optimal platform for expanding Solowin’s digital asset and private wealth management services. These sectors are key to Solowin’s strategic diversification and are poised for rapid growth, fueled by increasing investor interest in innovative and alternative financial products. The city’s advanced regulatory and technological frameworks support these services, offering potential for significant market penetration and scalability.
    • Valuation – Solowin Holdings presents a unique investment opportunity, driven by its strategic diversification into Private Wealth and Virtual Assets alongside traditional financial services. Leveraging its established user base, Solowin has significantly enhanced customer value and expanded its market presence. Our valuation analysis, using a Discounted Cash Flow (DCF) approach with a discount rate of 12.10%—which reflects the company’s growth potential balanced against market risks, competitive landscape, and regulatory uncertainties—and a terminal growth rate of 1.5%, along with Comparable Company Analysis (EV/Revenue multiple), estimates Solowin’s per share value at $4.74, contingent on successful execution by company.

    About Solowin Holdings  

    Solowin Holdings, an investment holding company, provides Investment banking services, wealth management services, asset management services, and virtual assets services to customers. Solowin Holdings was incorporated in 2021 and is based out of Tsim Sha Tsui, Hong Kong. 

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by Solowin Holdings (NASDAQ: SWIN) for producing research materials regarding Solowin Holdings and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however, the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for research engagement. As of 10/21/24 the issuer paid us $50,000 for our company sponsored research services, which commenced 05/15/24 and is billed annually. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has not paid us for non-research related services as of 10/21/24. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities, including the complete loss of their investment. Investors can find various risk factors in the initiation report and in the respective financial filings for Solowin Holdings. Please review disclosure page in attached initiation report for full disclosures.

    Contact:

    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    • Solowin Holdings Initiation of Coverage

    The MIL Network –

    January 24, 2025

  • MIL-OSI: Music Licensing, Inc. (OTC: SONG) Retains SmallCapVoice.com Inc. (“SCV”) to Provide Investor Relations Services

    Source: GlobeNewswire (MIL-OSI)

    Naples, FL, Oct. 21, 2024 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), a leading diversified music rights management company, announces today it has retained Austin, Texas-based SmallCapVoice.com Inc. (“SCV”). SmallCapVoice.com, Inc. is an investor relations and communications firm focused on emerging growth companies. Music Licensing, Inc. and SCV will be creating several different initiatives aimed at increasing corporate exposure to new investors, as well as current shareholders, customers and others.

    Stuart Smith, CEO of SmallCapVoice.com, Inc., commented, “We’re thrilled by the major licensing deals Music Licensing, Inc. has secured in 2024,” said Stuart Smith, CEO of SmallCapVoice.com, Inc. “Their ability to target unique market niches and differentiate themselves in the industry has caught our attention, and it’s something we look forward to highlighting.”

    “We are pleased to engage SmallCapVoice.com, Inc. for investor relations activities. In relation to these activities, we are updating the investor pages on our website. We look forward to working with SmallCapVoice.com to enhance communication with a wider shareholder base and share the exciting developments at Music Licensing, Inc.,” stated Jake P. Noch, CEO of Music Licensing, Inc.

    About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

    Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) formed in the United States. Its licensees include notable companies such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated market share of 7.4% in the United States, representing over 2,500,000 works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and countless others, as well as artificial intelligence (A.I.) created music.

    Additionally, Music Licensing, Inc. (OTC: SONG) owns royalty stakes in Listerine “Mouthwash” Antiseptic and musical works by artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and numerous others.

    About SmallCapVoice.com

    SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTCMarkets. To learn more about SmallCapVoice.com and its services, please visit https://www.smallcapvoice.com/small-cap-stock-otc-investor-relations-financial-public-relations/.

    Socialize with SmallCapVoice and their clients at

    Facebook: https://www.facebook.com/SmallCapVoice/  
    Twitter: https://twitter.com/smallcapvoice   
    Instagram: https://www.instagram.com/smallcapvoice/

    Forward-Looking Statements

    This news release contains forward-looking statements that reflect Management’s current views about future events and financial performance. Forward-looking statements often contain words such as ”expects,” ”anticipates,” ”intends,” or ”believes.” Our forward-looking statements are subject to a number of risks and uncertainties that may cause actual results and events to differ materially from those projected in the forward-looking statements. Risks and uncertainties that could adversely affect us include, without limitation, the loss of major customers, our failure to obtain new contracts, our inability to patent products or processes, our infringement of patents held by others, our inability to finance our business and the other risks and uncertainties that are discussed in our most recent filings with the Securities and Exchange Commission. The forward-looking statements in this news release are made only as of the date of this news release. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication.

    Contact: investors@ProMusicRights.com

    SmallCapVoice.com
    Stuart T. Smith
    512-267-2430
    Info@SmallCapVoice.com

    Source: Music Licensing, Inc.

    The MIL Network –

    January 24, 2025

  • MIL-OSI China: US defense secretary visits Ukraine

    Source: China State Council Information Office

    A file photo of U.S. Secretary of Defense Lloyd Austin. [Photo/Xinhua]

    U.S. Secretary of Defense Lloyd Austin arrived in Kiev on Monday, the Interfax-Ukraine news agency reported.

    During his visit, Austin is scheduled to meet with Ukrainian President Volodymyr Zelensky and Defense Minister Rustem Umerov.

    The two parties will discuss the U.S. military support for Ukraine next year.

    The trip marks Austin’s fourth visit to Ukraine as the secretary of defense.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI China: China launches its first digital resource center for Tibetan medicine, astrology

    Source: China State Council Information Office 3

    Southwest China’s Xizang Autonomous Region launched the country’s first digital resource center for Tibetan medicine and astrology on Friday.

    Established by the Hospital of Traditional Tibetan Medicine in the regional capital Lhasa, the center features 10 databases, including Tibetan medicine materials and the literature on Tibetan medicine and astrology. It also houses high-resolution scanned copies of rare Tibetan medical and astrology texts dating back to the 8th Century.

    The digitization efforts began in 2006, with over 40 researchers working to collect and preserve valuable literature not only from Xizang but also from provincial-level regions such as Qinghai, Gansu, Yunnan, Sichuan, Inner Mongolia and Liaoning. The team also traveled internationally, securing documents from collections in Mongolia, the United States and France.

    “It is a critical step forward in advancing academic collaboration and scientific research in Tibetan medicine and astrology. We aim to create an open, accessible platform offering high-quality data and services to the global academic community,” said Tsering, director of the hospital.

    Traditional Tibetan medicine emphasizes that seasonal changes affect the circulation of the body’s organs. As a result, practitioners pay close attention to variations in celestial bodies.

    Under Tibetan tradition, astronomical calculations and astrology are conducted at hospitals. Each year, the almanac is generated based on calculations made by scholars of the hospitals. 

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI China: 2024 WSTDF to open in Beijing

    Source: China State Council Information Office 3

    A press briefing on the 2024 World Science and Technology Development Forum is held in Beijing on Oct. 18. [Photo courtesy of the China Association for Science and Technology]

    The 2024 World Science and Technology Development Forum (WSTDF), hosted by the China Association for Science and Technology (CAST), will commence in Beijing on Oct. 22, according to a press briefing held on Friday.

    Guided by the implementation of China’s three major global initiatives, the forum will center on the theme “Science and Technology for the Future” and focus on in-depth discussions of six topics. It aims to harness international expertise to drive high-quality development, foster cross-cultural scientific exchanges, and tackle global challenges through innovation and technological solutions.

    The main activities of the 2024 WSTDF will take place in Beijing from Oct. 22-24, with the closing ceremony set for Oct. 30. During the event, in addition to the opening ceremony on Oct. 22, six major thematic sessions and three roundtable dialogues will be held, complemented by several cultural exchange activities. The six thematic sessions will explore the following key areas: “AI Governance Innovation: Building an International Trust Foundation for Cultivating the Ecology of Science and Technology Governance (Intelligence)”; “Interdisciplinary Science-Based Solutions Towards Sustainable Development (Interdisciplinary)”; “Open Science Infrastructures: Building a Collaborative Platform for the Sciences Decade (Infrastructures)”; “Cross-Industry Resource Collaboration and Integration to Provide Innovative Application Scenarios for Enhancing the Intelligent Manufacturing Industry (Innovation)”; “Harmonious Coexistence of Nature and Humanity: Environment and Health (Interaction)”; and “Science and Technology for Risk-Informed Sustainable Development (Integration).” The three roundtable dialogues will focus on the following themes: “Encouraging women’s participation in science and technology”; “Science: Openness, Cooperation and Mobility”; and “Seminar on Effectively Advancing the Sustainable Development Goals.”

    In addition, three key international exchange events will enrich the forum, namely the 2024 China-ASEAN Engineers Forum in Beijing on Oct. 16; the opening ceremony of the 2024 WLA Forum & The Award Ceremony of the 2024 WLA Prize in Shanghai on Oct. 25; and the 11th China-Russia Engineering and Technology Forum in Heilongjiang on Oct. 28-29.

    The 2024 WSTDF is expected to attract hundreds of high-profile participants, including leaders from relevant countries, global award winners, heads of the United Nations as well as international science and technology organizations, as well as renowned scientists, entrepreneurs and educators from home and abroad. Among the attendees will be over 10 Nobel laureates and other major award winners, more than 40 academicians, over 30 business representatives, and nearly 50 delegates from international organizations.

    Featuring a diverse array of events, including thematic sessions, open forums and closed-door meetings, the forum will emphasize fostering interdisciplinary technological cooperation and integration. Through proposals, reports and declarations, it aims to drive meaningful progress in science and technology.

    In line with its commitment to simplicity and practicality, the forum will embrace a green, low-carbon and sustainable approach. This includes utilizing paperless communication to boost efficiency, leveraging digital technology to streamline event services, and using renewable energy vehicles for guest transportation. Additionally, the forum will limit the number of participants, avoid unnecessary formalities and minimize decorations to foster a focused and efficient environment.

    First launched and hosted by CAST in 2019, the WSTDF has been held five times. Amidst the complex and evolving global landscape, the forum has played a vital role in fostering non-governmental scientific and technological exchange, broadening avenues for international collaboration, and establishing an open and trustworthy network of cooperation. This year, the forum will once again offer a crucial platform for nations to exchange ideas, deepen partnerships and advance scientific innovation and development on a global scale, contributing to a community with a shared future for mankind.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI China: Intl conference marks Confucius’ 2575th birth anniversary

    Source: China State Council Information Office 3

    The International Conference to Commemorate the 2575th Anniversary of Confucius’ Birth, which is also the 7th Congress of the International Confucian Association (ICA), opened in Beijing on Saturday.

    Wang Huning, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and chairman of the National Committee of the Chinese People’s Political Consultative Conference, addressed the opening ceremony.

    Wang said efforts will be made to promote the creative transformation and innovative development of China’s fine traditional culture and strengthen exchanges and mutual learning among countries, ethnic groups and cultures around the world.

    This will not only further enrich the Chinese civilization but also contribute to a more vibrant and diverse global civilization, he added.

    Wang called for carrying forward and promoting Confucianism and all outstanding traditional cultures, thereby making new contributions to the development of a human community with a shared future.

    The opening ceremony was presided over by ICA President Sun Chunlan.

    Former Japanese Prime Minister and Council Chair of the ICA Yasuo Fukuda, former Italian Prime Minister Massimo D’Alema, and former French Prime Minister Jean-Pierre Raffarin, either in person or through other means, delivered speeches. They emphasized the importance of Confucianism in addressing crises and resolving conflicts.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI: Dayforce Launches New Brand Campaign: ‘Do the Work You’re Meant to Do’

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS and TORONTO, Oct. 21, 2024 (GLOBE NEWSWIRE) — Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced the launch of its mass brand advertising campaign, ‘Do the work you’re meant to do.’ Brought to life through television and out-of-home (OOH) displays across the U.S., the campaign encourages viewers to harness simplicity at scale in their HR operations to achieve greater purpose and meaning within their work lives.

    Dayforce uses humor in its TV commercial to illustrate ways technology can help make work life better for employees. Courtesy: Dayforce

    This campaign falls on the heels of the company’s announcement to unite its global brand as Dayforce. With a focus on helping organizations realize the full potential of their people, Dayforce continues to set a new standard for the HCM industry and help deliver quantifiable value to customers.

    “We’re creating moments of connection with our audiences by surfacing the emotions we all feel when we’re bogged down in administrative tasks, and can’t get to the work we’re passionate about and meant to do,” said Eric Glass, Chief Marketing and Communications Officer, Dayforce, Inc. “Our campaign addresses the importance of focusing on meaningful, purposeful work and how technology can empower us to do just that.”

    Comprised of a series of vignette-style stories, the multi-channel brand campaign showcases a variety of professions and industries where workers are not able to get to the work they are meant to be doing because the complexity and volume of administrative, inefficient, tasks get in the way.

    The new commercial will air across the U.S. and will be complemented by a series of online, LinkedIn, Meta, and podcast ads. The campaign OOH advertising will entertain audiences by showcasing challenges the characters face when trying to make time for the work they’re passionate about. The OOH elements will be located at Chicago O’Hare and Atlanta airports as well as in New York City in Grand Central Station and Penn Station.

    This is the first campaign to come from Dayforce since bringing on Rethink as its creative agency of record, and Prophet as its media strategy agency of record.

    Additional information:

    About Dayforce   

    Dayforce makes work life better. Everything we do as a global leader in HCM technology is focused on improving work for thousands of customers and millions of employees around the world. Our single, global people platform for HR, payroll, talent, workforce management, and benefits equips Dayforce customers to unlock their full workforce potential and operate with confidence. To learn how Dayforce helps create quantifiable value for organizations of all sizes and industries, visit dayforce.com.

    Media Contact
    Leslie Whitelaw
    1-437-224-6993
    Leslie.whitelaw@dayforce.com

    The MIL Network –

    January 24, 2025

  • MIL-OSI: James Richberg Appointed to Mattermost Federal Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Reston, Virginia, Oct. 21, 2024 (GLOBE NEWSWIRE) — Mattermost Federal, Inc., a leader in delivering the secure, real-time collaboration and workflow tools that modern defense, security, and intelligence teams need to maintain command, control, and operational tempo, is pleased to announce the appointment of James Richberg to its Board of Directors, effective September 1, 2024. Richberg brings a wealth of experience as an award-winning Chief Information Security Officer (CISO) and former senior U.S. Government cyber intelligence executive, recognized for his leadership in enhancing cybersecurity and developing innovative strategies to address the complex challenges of today’s digital landscape.

    Richberg has a distinguished career in both the public and private sectors, serving as the Field Chief Information Security Officer at a NASDAQ 100 global cybersecurity company, where he led public sector outreach and contributed to an impressive sector annual growth rate. His extensive background includes roles as a corporate board member, leader of multi-company industry working groups on cybersecurity, and key contributor to the U.S. national cyber strategy. Richberg has received numerous accolades, including the Presidential Rank Award for his exceptional vision and leadership in cyber intelligence.

    “We are excited to welcome James Richberg to the Mattermost Federal Board,” said Corey Hulen, CEO of Mattermost Federal. “His deep expertise in cybersecurity, risk management, and public-private collaboration will be invaluable as we continue to expand our solutions to address the unique challenges of the defense, intelligence, and critical infrastructure sectors. James’ proven track record of driving security innovation and policy development will greatly enhance our ability to deliver the most secure collaboration platform for government agencies.”

    Richberg’s appointment reflects Mattermost Federal’s ongoing commitment to securing collaboration in high-risk, mission-critical environments, ensuring compliance with rigorous security standards, and delivering robust, scalable solutions for the most sensitive government and defense operations.

    About Mattermost Federal

    Mattermost Federal provides a secure collaboration platform built for the public and private sector, empowering defense, intelligence, and critical infrastructure organizations with the tools they need to securely collaborate, share information, and drive mission success. Trusted by the U.S. Department of Defense and other government entities, Mattermost Federal is committed to delivering cutting-edge solutions that meet the highest security and compliance standards.

    The MIL Network –

    January 24, 2025

  • MIL-OSI: ManTech Opens Center for Innovation and Partnership in Hawaii to Support Department of Defense Missions in the Indo-Pacific

    Source: GlobeNewswire (MIL-OSI)

    HONOLULU and HERNDON, VA., Oct. 21, 2024 (GLOBE NEWSWIRE) — ManTech, a leading provider of AI and mission-focused technology solutions, today opened its new Innovation and Partnership Center in Hawaii (named Kūmaumau). This center expands the company’s support of U.S. Department of Defense missions in the Indo-Pacific region. Strategically located in Honolulu’s growing hi-tech corridor, ManTech’s new facility will play a pivotal role in advancing U.S. Indo-Pacific Command missions.

    The Kūmaumau Center will deliver cutting-edge capabilities to ensure U.S. military forces maintain dominance across both physical and digital battlefields. These include solutions for mitigating Contested Logistics, enhancing Integrated Missile Systems, advancing fixed and undersea intelligence surveillance, providing C5ISR support, and deploying Data @ the Edge technologies for secure communications in challenging environments. The center will also focus on Full-Spectrum Cyber capabilities to protect against emerging digital threats.

    “ManTech has an enduring commitment to supporting defense and national security objectives from the vital hub of Hawaii,” said David Hathaway, President of ManTech’s Defense Sector. “Our new Innovation Center will build on this platform of mission success by developing, testing and deploying advanced technology solutions that provide our warfighters and partners with an all-important edge in combat scenarios.”

    “As a long-term member of Hawaii’s community, we have designed Kūmaumau as a hub for collaboration with local businesses, universities, and international partners to support national security,” said Byron K.W. Leong, ManTech’s Executive Director, U.S. Indo-Pacific Business Development. “This new facility underscores ManTech’s dedication to pioneering mission-critical technology committing to the creation of career opportunities for the people and businesses of Hawaii.”

    ManTech Innovation Center
    SALT at Our Kaka’ako
    680 Ala Moana Blvd – Suite 103 Honolulu, HI 96813

    About ManTech
    ManTech provides mission-focused technology solutions and services for U.S. Defense, Intelligence and Federal Civilian agencies as a 55-year Industry Partner with the Federal Government. We are a leading mission and enterprise technology provider that powers AI, full-spectrum cyber, data collection & analytics, high-end digital engineering and software application development solutions that support national and homeland security. Additional information on ManTech can be found at http://www.mantech.com.

    Media Contact:

    Jim Crawford
    ManTech
    Executive Director, External Communications
    (M) 703-498-7315
    James.Crawford2@ManTech.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d64b7873-d3f3-49f2-bb4a-abe3e9c910f2

    The MIL Network –

    January 24, 2025

  • MIL-OSI: Microchip Expands 64-bit Portfolio with High-Performance, Post-Quantum Security-Enabled PIC64HX Microprocessors

    Source: GlobeNewswire (MIL-OSI)

    CHANDLER, Ariz., Oct. 21, 2024 (GLOBE NEWSWIRE) — The global edge computing market is expected to grow by more than 30 percent in the next five years, serving mission-critical applications in the aerospace, defense, military, industrial and medical sectors. To meet this increasing demand for reliable, embedded solutions for mixed-criticality systems, Microchip Technology (Nasdaq: MCHP) has announced the PIC64HX family of microprocessors (MPUs). Unlike traditional MPUs, the PIC64HX is purpose built to address the unique demands of intelligent edge designs.

    The latest in Microchip’s 64-bit portfolio, the PIC64HX is a high-performance, multicore 64-bit RISC-V® MPU capable of advanced Artificial Intelligence and Machine Learning (AI/ML) processing and designed with integrated Time-Sensitive Networking (TSN) Ethernet connectivity and post-quantum-enabled, defense-grade security. PIC64HX MPUs are specifically designed to deliver comprehensive fault tolerance, resiliency, scalability and power efficiency.

    “The PIC64HX MPU is truly groundbreaking in the number of advanced features we are able to provide with a single solution,” said Maher Fahmi, corporate vice president of Microchip’s communications business unit. “And, integrating TSN Ethernet switching into the MPU helps developers bring standards-based networking connectivity and compute together to simplify system designs, reduce system costs and accelerate time to market.”

    The integrated Ethernet switch includes a TSN feature set with support for important emerging standards: IEEE P802.1DP TSN for Aerospace Onboard Ethernet Communications, IEEE P802.1DG TSN Profile for Automotive In-Vehicle Ethernet Communications and IEEE/IEC 60802 TSN Profile for Industrial Automation.

    Eight 64-bit RISC-V CPU cores—SiFive Intelligence™ X280—with vector extensions help enable high-performance compute for mixed-criticality systems, virtualization and vector processing to accelerate AI workloads. The PIC64HX MPU allows system developers to deploy the cores in multiple ways to enable SMP, AMP or dual-core lockstep operations. WorldGuard hardware architecture support is provided to enable hardware-based isolation and partitioning.

    “Next-generation aircraft require a new generation of processors for mission-critical applications such as flight control, cockpit display, cabin networking and engine control. The OHPERA Consortium views RISC-V technology as an essential component of the future of safe and sustainable aircraft,” said Christophe Vlacich, OHPERA technical Leader. The OHPERA Consortium is composed of leading aerospace companies with the mutual goal of evaluating new technologies for next-generation aircraft.  “We are pleased to see the upcoming availability of commercial products like Microchip’s PIC64HX MPU with the compute performance, partitioning, connectivity and security needed to shape the future of aviation.”

    The expected arrival of quantum computers poses an existential threat as it will make current security measures ineffective. As a result, government agencies and enterprises worldwide are beginning to call for the inclusion of post-quantum cryptography in any critical infrastructure. Addressing current and future security needs, the PIC64HX is one of the first MPUs on the market to support comprehensive defense-grade security including the recently NIST-standardized FIPS 203 (ML-KEM) and FIPS 204 (ML-DSA) post-quantum cryptographic algorithms.

    The PIC64HX MPU is a powerful and versatile solution for intelligent edge applications, addressing key requirements for low latency, security, reliability and compliance with industry standards.

    Development Tools
    The PIC64HX MPU is supported by a comprehensive package of tools, libraries, drivers and boot firmware. Multiple open-source, commercial and real-time operating systems are supported including Linux® and RTEMS, as well as hypervisors such as Xen. PIC64HX MPUs leverage Microchip’s extensive Mi-V ecosystem of tools and design resources to support its RISC-V initiatives. To help reduce development cycles and accelerate time to market, Microchip offers the Curiosity Ultra+ PIC64HX evaluation kit and is partnering with single-board computer partners.

    “Aries Embedded has long been a supporter of the RISC-V ecosystem,” said Andreas Widder, Aries Embedded CEO. “We are proud to be a lead System-on-Module partner for the PIC64HX and look forward to helping Microchip enable mission critical intelligent edge applications.”

    Availability
    PIC64HX MPU samples will be available to Microchip’s early access partners in 2025. For additional information, please contact a Microchip sales representative.

    Resources
    High-res images available through Flickr or editorial contact (feel free to publish):
    • Application image: https://www.flickr.com/photos/microchiptechnology/54057544708/sizes/l/

    About Microchip Technology:
    Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control and processing solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve approximately 123,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at http://www.microchip.com.

    Note: The Microchip name and logo, the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

    The MIL Network –

    January 24, 2025

  • MIL-OSI: NEWTON GOLF to Present at the LD Micro Main Event XVII

    Source: GlobeNewswire (MIL-OSI)

    CAMARILLO, CA, Oct. 21, 2024 (GLOBE NEWSWIRE) — NEWTON GOLF Company (Nasdaq: SPGC) (“NEWTON GOLF” or the “Company”), a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, announces that Greg Campbell, Executive Chairman, will present a corporate overview at the LD Micro Main Event XVII. The conference is being held on October 28 – 30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.

    Event:  LD Micro Main Event XVII
    Presentation Date:  Wednesday, October 30, 2024
    Time:   8:00 AM PT
    Register to watch presentation:  https://me24.sequireevents.com/
       

    Mr. Campbell will be available for one-on-one meetings with registered investors of the conference.

    About NEWTON GOLF: A Sacks Parente Company

    NEWTON GOLF: A Sacks Parente Company, is a technology-forward golf company that help golfers elevate their game. With a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, the Company’s innovative accomplishments include: the First Vernier Acuity putter, patented Ultra-Low Balance Point (ULBP) putter technology, weight-forward Center-of-Gravity (CG) design, and pioneering ultra-light carbon fiber putter shafts.

    In consideration of its growth opportunities in golf shaft technologies, the Company expanded its manufacturing business in April of 2022 to develop the advanced Newton brand of premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, MO. It is the Company’s intent to manufacture and assemble substantially all products in the United States, while also expanding into golf apparel and other golf-related product lines to enhance its growth.

    The Company’s future expansions may include broadening its offerings through mergers, acquisitions or internal developments of product lines that are complementary to its premium brand. The Company currently sells its products through resellers, the Company’s websites, Club Champion retail stores, and distributors in the United States, Japan, and South Korea.

    For more information, please visit the Company’s website at http://www.newtongolfco.com or on social media at @newtongolfco.com, @newtonshafts, or @gravityputters.

    Media Contact for NEWTON GOLF
    Beth Gast
    BG Public Relations
    beth.gast@bgpublicrelations.com

    Investor Contact for NEWTON GOLF
    CORE IR
    516-222-2560
    investors@sacksparente.com

    The MIL Network –

    January 24, 2025

  • MIL-OSI United Kingdom: Severn Valley communities invited to learn about plans for area

    Source: United Kingdom – Executive Government & Departments

    Communities along the Severn Valley are invited to find out more about plans to manage water and enhance communities at a series of drop-in events.

    Flooding in the Severn Valley.

    Residents and business owners along the upper Severn Valley are invited to a series of drop-in sessions being held later this year where they can find out more about plans to manage water and enhance communities in the area. 

    The Severn Valley Water Management Scheme (SVWMS) is an initiative led by a partnership of the Environment Agency, Natural Resources Wales, Powys County Council and Shropshire Council which aims to enhance water management and create resilient environments across the Upper Severn catchment.  

    The Partnership will be at the drop-in sessions below to discuss how it will be developing plans to make the Severn a more vibrant and resilient river catchment, and members of the communities are invited to the drop-in session to find out more.  

    As well as considering future options for the upper Severn catchment, the SVWMS is also exploring the different funding approaches that would be needed to take forward future implementation in what is a challenging funding environment.   

    The drop-in sessions will be held on the following dates:

    • 7 November – Newtown Library, Park Lane, Newtown, SY16 1EJ 

    • 26 November – Llanidloes – Hanging Gardens Project, Bethel St, Llanidloes SY18 6BS   

    • 10 December – Meifod – Meifod Cobra Rugby Club, Meifod, SY22 6HF 

    • 13 January – Oswestry – Oswestry Memorial Hall, Smithfield Street, Oswestry, SY11 2EG 

    • 29 January – Shrewsbury – Shropshire Wildlife Trust, 193 Abbey Foregate, Shrewsbury SY2 6AH 

    These sessions, which coincide with briefings for local parish and community councils in Powys and Shropshire, are designed to provide an opportunity for residents to learn more about the project, ask questions, and share their views. 

    People can also keep up to date with progress of the scheme and all the latest news and events by viewing the new SVWMS website, which seeks feedback from those with an interest in the scheme. 

    The project is investigating a combination of sustainable land use management, in conjunction with current land uses, up-scaled nature-based solutions, and sensitive engineering methods to improve flood risk resilience and water management in the catchment area. 

    If delivered, the SVWMS will bring numerous benefits to communities and businesses across the Severn catchment in England and Wales: 

    • Improved Flood Risk Management: By implementing a combination of measures, the project will help slow the flow of water upstream, reducing the risk of flooding in downstream areas. 

    • Enhanced Biodiversity: The project will contribute to halting biodiversity decline by creating and improving habitats such as wetlands, reed beds, and woodlands. This will support a diverse range of plant and animal species. 

    • Climate Resilience: The regenerative approach of the SVWMS will positively contribute to addressing the climate crisis by enhancing the natural environment’s ability to absorb and store carbon. 

    • Social Value: The project will engage local communities and involve them in the decision-making process, fostering a sense of ownership and stewardship over the natural environment. 

    • Economic Benefits: By improving water management and reducing flood risks, the project can protect local businesses and infrastructure, contributing to the overall economic resilience of the region. 

    David McKnight, Environment Agency Area Flood and Coastal Risk manager for the West Midlands said:  

    “Delivering the Severn Valley Water Management Scheme is a long-term solution to sustainable water management and has the potential to better protect thousands of homes and businesses from flood risk across the upper Severn catchment in England and Wales.

    “We are looking forward to sharing progress as it is made and for people to contribute and engage with us as the project advances. We want to hear from all areas of the Severn community as we embark on the strategy that the catchment needs to be able to adapt to our changing climate and continue to thrive. 

    “The new SVWMS website will be a reliable and informative resource for anyone wanting to engage with partners and we will update the venue details of our community drop-in sessions and event summaries there too.” 

    Gavin Bown, Natural Resources Wales, Head of Operations for Mid Wales said: 

    “This is an ambitious but important project as we face a climate and nature emergency.  We are seeing adverse weather events, such as flooding and periods of drought, occurring more frequently than we have experienced in recent decades. 

    “The Severn Valley Water Management Scheme (SVWMS) is looking at new and innovative ways to supplement our flood risk management activities and help further address these issues through using natural flood management to reduce the risk of flood or drought by working with natural systems. 

    NRW and Welsh Government are committed to the sustainable management of our natural resources.  The SVWMS is a project which could provide us with additional longer-term solutions to sustainably manage water in the Severn catchment.  We welcome the opportunity for communities to help inform the scheme.” 

    Councillor James Gibson-Watt, at Powys County Council, added:  

    “The Severn Valley Water Management Scheme is a significant opportunity to address climate impacts being experienced within our communities in Powys.  We’re excited to be a partner in this initiative and would encourage participation in the upcoming community events to learn more about the project and the potential opportunities it could bring.” 

    Councillor Ian Nellins, Deputy Leader and Cabinet member for Climate Change, Environment and Transport at Shropshire Council, added:  

    “The Severn Valley Water Management Scheme represents a significant step forward in our efforts to protect communities and enhance our natural environment.  This project not only addresses the immediate flood risks but also supports biodiversity and our fight against climate change.  

    “We encourage everyone to participate in the upcoming sessions to learn more about the positive impacts this scheme will bring.”

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    Published 21 October 2024

    MIL OSI United Kingdom –

    January 24, 2025

  • MIL-OSI Asia-Pac: KVIC Chairman Mr. Manoj Kumar inaugurated the exhibition themed “Khadi: The Fabric of Freedom, The Language of Fashion” at the Gandhi-King Memorial Plaza in New Delhi.

    Source: Government of India (2)

    KVIC Chairman Mr. Manoj Kumar inaugurated the exhibition themed “Khadi: The Fabric of Freedom, The Language of Fashion” at the Gandhi-King Memorial Plaza in New Delhi.

    The exhibition, showcasing Khadi’s journey from the fabric of freedom to a symbol of fashion, will run until October 22, from 11 AM to 7 PM.

    The exhibition is organized in collaboration with the Centre of Excellence for Khadi (COEK) and the National Institute of Fashion Technology (NIFT).

    KVIC Chairman Mr. Manoj Kumar said, “The Khadi that played a crucial role in the freedom movement of India under the leadership of Mahatma Gandhi has now, thanks to PM Modi’s relentless efforts, become a fashion symbol and a center of attraction for the ‘New Khadi of New India.

    Posted On: 19 OCT 2024 3:58PM by PIB Delhi

    KVIC Chairman Mr. Manoj Kumar, in the presence of India International Centre (IIC) Director Mr. K.N. Srivastava, extended Prime Minister Narendra Modi’s vision of “Khadi for Fashion” by inaugurating the Khadi exhibition based on the theme “Khadi: The Fabric of Freedom, The Language of Fashion” (Khadi: The Cloth of Freedom, The Language of Fashion) at the Gandhi-King Memorial Plaza, India International Centre, Lodhi Road, New Delhi. The exhibition, organized in collaboration with the Centre of Excellence for Khadi (COEK) and the National Institute of Fashion Technology (NIFT), invites visitors to explore Khadi’s remarkable journey—starting from hand-spun fabric during India’s freedom movement under Mahatma Gandhi to its current status as a symbol of sustainability and modern fashion. 

    The exhibition, organized by COEK with the support of Khadi institutions and NIFT, also showcases Khadi clothes, sarees, home textiles, and contemporary designs developed by COEK’s design team, blending traditional craftsmanship with modern aesthetics. 

    Addressing the media, KVIC Chairman Mr. Manoj Kumar said “The Father of the Nation, Mahatma Gandhi, once said, ‘I see God in every thread drawn by the spinning wheel.’ Embracing this philosophy, KVIC, under Prime Minister Narendra Modi’s leadership, is organizing various programmess like sales campaigns, exhibitions, and national and international fairs to boost Khadi artisans’ income, which has played a significant role in promoting Khadi products.”

    “The Khadi that played a key role in the freedom movement under Gandhi’s leadership has now become a fashion icon, thanks to PM Modi’s tireless efforts, and is now known as the ‘New Khadi of New India.’ He highlighted KVIC’s achievements, noting that Khadi’s business turnover under PM Modi’s leadership has surpassed ₹1.55 lakh crore in the financial year 2023-24, a remarkable growth from ₹31,000 crore ten years ago,” he added.

    In his address, KVIC Chairman also said that PM Modi’s popular ‘Mann Ki Baat’ programme has made Khadi garments a new status symbol among the youth. The innovative products developed by COEK have also played a crucial role in popularizing Khadi. He further mentioned that since PM Modi’s appeal, the Khadi Gramodyog Bhawan in Connaught Place, Delhi, has set new sales records every year on Gandhi Jayanti, with sales surpassing ₹2 crore this year on October 2. These figures symbolize that ‘New Khadi of New India,’ under PM Modi’s leadership, has become the flag bearer of the ‘Vocal for Local,’ ‘Make in India,’ and ‘Aatmanirbhar Bharat’ campaigns. 

    KVIC Chairman Mr. Manoj Kumar appealed to all citizens to purchase more Khadi products this festive season, helping spread the joy of festivals to the homes of artisans and craftsmen who work tirelessly to produce high-quality goods. KVIC and NIFT officials and employees attended the event. 

    Key Highlights of the Exhibition:

    • Khadi Timeline: This impressive display showcases Khadi’s role in India’s freedom movement, including archival photos, quotes from Mahatma Gandhi, and historical records emphasizing the fabric’s significance during that era.
    • Experience Center: A live demonstration of the spinning process using Bardoli and Peti charkhas is set up at the venue, allowing visitors to witness the craftsmanship behind Khadi production.
    • Modern Designs: The exhibition features creations designed by the Centre of Excellence for Khadi in collaboration with Khadi institutions, such as fabrics, sarees, and home textiles, showcasing a perfect blend of tradition and modernity.
    • Khadi Retail Stalls: Genuine Khadi products, along with new designs developed by COEK, will be available for purchase. Visitors can buy garments made from this exquisite fabric. 

    ******

    SK

    (Release ID: 2066306) Visitor Counter : 40

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI: Phunware to Present at the LD Micro Main Event XVII

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Oct. 21, 2024 (GLOBE NEWSWIRE) — Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announces that CEO Michael Snavely will present a corporate overview at the LD Micro Main Event XVII. The investment conference is being held on October 28 – 30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.        

    Event: LD Micro Main Event XVII
       
    Presentation Date: Wednesday, October 30, 2024
       
    Time: 11:30 AM PT (Track 3)
       
    Register to watch presentation: https://me24.sequireevents.com/
       

    Additionally, Mr. Snavely and CFO Troy Reisner will be available for one-on-one meetings with registered investors of the conference.

    About Phunware, Inc.
    Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions. We provide businesses with the tools to create, implement, and manage custom mobile applications and analytics, digital advertising, and location-based services. Phunware is transforming mobile engagement by delivering scalable and personalized mobile app experiences. 

    Phunware’s mission is to achieve unparalleled connectivity and monetization through widespread adoption of Phunware mobile technologies by leveraging brands, consumers, partners, and digital asset holders and market participants. Phunware is poised to expand its software products and services audience and industry verticals through its new platform, utilize and monetize its patents and other intellectual property rights and interests, and update and reintroduce its digital asset ecosystem for existing holders and new market participants. 

    For more information, please visit http://www.ai.phunware.com or contact:

    MZ Group, North America 
    Joe McGurk,  Managing Director
    917-259-6895 
    PHUN@mzgroup.us 

    Phunware Investor Relations
    CORE IR
    516-222-2560 
    investorrelations@phunware.com 

    Safe Harbor / Forward-Looking Statements
    This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. For example, Phunware is using forward-looking statements when it discusses the proposed offering and the timing and terms of such offering and its intended use of proceeds from such offering should it occur.  

    The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC, including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.  

    By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.  

    The MIL Network –

    January 24, 2025

  • MIL-OSI Asia-Pac: Smt. Vijaya Kishore Rahatkar appointed as Chairperson of the National Commission for Women

    Source: Government of India

    Smt. Vijaya Kishore Rahatkar appointed as Chairperson of the National Commission for Women

    Dr. Archana Majumdar appointed as Member NCW

    Posted On: 19 OCT 2024 3:48PM by PIB Delhi

    Smt. Vijaya Kishore Rahatkar has been appointed as the Chairperson of the National Commission for Women (NCW). She will be the 9th Chairperson of NCW.

    Smt. Rahatkar has demonstrated leadership skills across various political and social responsibilities.During her tenure as Chairperson of the Maharashtra State Commission for Women (2016-2021), she spearheaded initiatives like “Sakshama” (support for acid attack survivors), “Prajwala” (linking self-help groups to central government schemes), and “Suhita” (24×7 helpline service for women). She also worked on legal reforms focusing on issues like POCSO, anti-triple talaq cells, and anti-human trafficking units. She introduced digital literacy programs and launched a publication named “Saad” dedicated to women’s issues.

    As the Mayor of Chatrapati Sambhajinagar from 2007 to 2010, Smt. Rahatkar implemented significant developmental projects related to healthcare and infrastructure.

    Smt. Rahatkar holds a bachelor’s degree in Physics and a master’s degree in History from University of Pune. She has authored several books, including ‘Vidhilikhit’ (on women’s legal issues) and ‘Aurangabad: Leading to Wide Roads’. Her contributions to women’s empowerment have earned her recognition, including the National Law Award and the Savitribai Phule Award from a national literary council.

    Dr. Archana Majumdar has also been appointed as the Member of the National Commission for Women . 

    ****

    SS/MS

    (Release ID: 2066302) Visitor Counter : 26

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI Asia-Pac: Railway Protection Force to Participate in Vedanta Delhi Half Marathon to Raise Awareness Against Child Trafficking

    Source: Government of India (2)

    Posted On: 19 OCT 2024 3:23PM by PIB Delhi

    The Railway Protection Force (RPF) proudly announces participation in the Vedanta Delhi Half Marathon on 20th October 2024.Director General, RPF, Shri Manoj Yadava will led a team of 26 dedicated RPF members who will run the half marathon to highlight and raise awareness about child trafficking prevention efforts across the railway network.

     

     

    Primary objective of RPF participation is to educate the public on the measures taken to combat child trafficking and  appeal to citizens to join the fight against this menace. Under the slogan “Our Mission: Prevent Child Trafficking on Trains,”  the RPF aims to emphasize the urgency and necessity for collective action to safeguard children from exploitation and abuse.

     

     

    The event will feature all team members running the entire half marathon, symbolizing the strength, unity, and commitment of the RPF towards this noble cause. To enhance public engagement, the RPF band will perform live beside the route of the run near Rail Bhavan, creating an interactive and supportive atmosphere for participants and spectators alike.

     

     

    The RPF calls upon the public to support this important initiative and take an active stand against child trafficking. Together, we can ensure a safer environment for children and work towards eradicating trafficking from the nation’s railway network.

    ****

    DT/SK

     

    (Release ID: 2066298) Visitor Counter : 12

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI Asia-Pac: ‘Ask Our Experts’ Series begins: Citizens engage with government on features of DigiLocker – India’s Digital Wallet.

    Source: Government of India (2)

    ‘Ask Our Experts’ Series begins: Citizens engage with government on features of  DigiLocker – India’s Digital Wallet.

    National e-Governance Division hosts First Episode of ‘Ask Our Experts’ Series for the direct interaction of citizens with government officials and subject matter experts,

    Posted On: 19 OCT 2024 3:21PM by PIB Delhi

    The National e-Governance Division (NeGD), Ministry of Electronics and Information Technology (MeitY), successfully launched the inaugural episode of its exclusive Live series, ‘Ask Our Experts’, on October 18, 2024. The episode spotlighted DigiLocker – India’s Digital Wallet.

    ‘Ask Our Experts’

    ‘Ask Our Experts’ is a unique weekly live program streamed on Digital India’s YouTube channel (http://www.youtube.com/@DigitalIndiaofficial), designed to foster engagement with citizens. The initiative provides a platform for direct interaction with government officials and subject matter experts, offering citizens the opportunity to ask questions and resolve queries regarding various Digital India initiatives.

    The first episode focused on DigiLocker, the flagship e-Governance platform that provides a secure cloud-based solution for citizens to digitally store, share, and verify important documents and certificates. DigiLocker is a key component of the Digital India Programme, empowering citizens with digital tools to simplify their lives.

    The experts delivered a comprehensive presentation and led an insightful discussion about the functionalities and benefits of DigiLocker. The session also saw overwhelming participation, with thousands of citizens tuning in live from across the country. Viewers eagerly posed questions directly to the experts, seeking clarification on various aspects of the DigiLocker platform.

    The program highlighted significant engagement, and nine active participants were recognized as Digital India Question Ninjas for asking relevant and intriguing questions, and they will be rewarded.

    Demystifying key projects of Digital India

    The series aims to demystify key projects under the Digital India umbrella, giving people a chance to hear firsthand from the experts who manage and run these transformative programs. Excitingly, viewers also stand a chance to win special Digital India gift hampers for their participation.

    The full episode can be seen   by clicking on this link: https://youtube.com/live/sewXtW1A31k. Stay tuned for future episodes of ‘Ask Our Experts’, where more Digital India initiatives will be explored in depth!

    Digital India YouTube channel: https://www.youtube.com/@DigitalIndiaofficial.

    *****

    Dharmendra Tewari/Kshitij Singha

     

    (Release ID: 2066296) Visitor Counter : 26

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI Asia-Pac: NCL Launches Sustainable Initiatives for a Greener Future Under Special Campaign 4.0

    Source: Government of India (2)

    Posted On: 19 OCT 2024 3:19PM by PIB Delhi

    Northern Coalfields Limited (NCL), a leading subsidiary of Coal India Limited, has undertaken a series of innovative and sustainable initiatives as part of Special Campaign 4.0. With a strong focus on harnessing renewable energy, promoting health and hygiene, and implementing eco-friendly waste management practices, NCL is driving progress towards a cleaner, greener future while contributing to national development goals.

    Solar Energy Projects: Pioneering Clean Energy

    As part of its commitment to environmental sustainability, NCL is making significant strides in renewable energy. The company has successfully installed a 480 kW rooftop solar plant at its Jayant project and is currently expanding its solar capacity with the installation of 1.3 MW rooftop solar systems at the IWSS Khadia, Bina, and Kakri areas. These initiatives not only help reduce NCL’s carbon footprint but also align with India’s renewable energy targets.

    Promoting Health and Hygiene: Sanitary Napkin Vending Machines

    NCL is dedicated to improving the health and hygiene of young women in the Singrauli region. In line with this objective, the company has installed Sanitary Napkin Vending and Disposal Machines in four schools as part of Special Campaign 4.0. This initiative benefits around 1,850 female students by ensuring access to sanitary pads, thus promoting better menstrual health and hygiene.

    “Waste to Wealth”: Transforming Organic Waste into Fertilizer

    Under its “Waste to Wealth” initiative, NCL is promoting eco-friendly waste management practices by creating vermicompost beds. By recycling cow dung and organic waste, the company is producing nutrient-rich vermicompost in Birkunia and Khirwa villages. This initiative supports sustainable agriculture by offering a natural alternative to chemical fertilizers, improving soil fertility, and reducing environmental impact.

    Focus on Cleanliness and Zero Pendency

    As part of its campaign for cleanliness, NCL has identified 69 sites for cleaning and beautification, with 23 sites already completed. Additionally, NCL has made significant progress in scrap disposal, having disposed of 1,661 MT of scrap materials out of a targeted 2,180 MT. This effort underscores NCL’s commitment to maintaining cleanliness and minimizing waste.

    Efficient Record and Space Management

    To enhance office efficiency, NCL is implementing robust record and space management systems. To date, 400 old files have been transferred to record rooms, and 3,729 e-files and 207 physical files have been reviewed, contributing to better utilization of office space and streamlined operations.

    Public Grievance Redressal

    NCL remains committed to public service and has resolved 30 out of 37 grievances received during Special Campaign 4.0. The company’s focus on timely and effective grievance redressal reflects its dedication to public satisfaction and responsiveness.

    Through its proactive participation in Special Campaign 4.0, NCL is contributing to the national vision of a cleaner, greener, and more sustainable future.

    ****

    ST

    (Release ID: 2066294) Visitor Counter : 44

    MIL OSI Asia Pacific News –

    January 24, 2025
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