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Category: KB

  • MIL-OSI: Harbourfront Announces Acquisition of $1.2 Billion CIRO Dealer

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Oct. 18, 2024 (GLOBE NEWSWIRE) — The Harbourfront Group (“Harbourfront”) today announced its acquisition of Rothenberg Wealth Management (“Rothenberg”). This deal includes a registered investment dealer under the Canadian Investment Regulatory Organization (“CIRO”) and a guaranteed investment certificate dealer.

    This latest acquisition brings Harbourfront’s approximate assets under administration (“AUA”) to CAD$8 billion and further expands the company’s presence in Québec and Alberta.

    “We’re thrilled to announce Harbourfront’s acquisition of Rothenberg; we share a strong cultural alignment and believe our increased scale and offering will allow us to better serve the clients of our combined firm,” said Danny Popescu, Chief Executive Officer and Founder of Harbourfront. “Our national success in wealth management comes from Harbourfront’s commitment to client service and our partnership model for advisors. Acquisitions of high-quality firms like Rothenberg will continue building our momentum as a leader among independent wealth firms.”

    As part of the transaction, Harbourfront is acquiring Rothenberg & Rothenberg Annuities, the firm’s life insurance and annuities company. Acquiring Rothenberg builds upon Harbourfront’s recent acquisition of Cornerstone Investment Counsel Ltd., completed in June 2024.

    “Finding the best opportunities for our advisors and their clients is an essential part of our job; we strongly believe Harbourfront Wealth is the premier choice to grow together for many years to come,” said Robert Rothenberg, Chief Executive Officer of Rothenberg Wealth Management.

    About Rothenberg Wealth Management
    Founded in 1986, Rothenberg is an independent Canadian employee-owned and client-focused investment firm, known for delivering holistic wealth planning and investment management serving thousands of Canadians from coast to coast, with offices in Montreal and Calgary. Learn more: http://www.rothenberg.ca.

    About Harbourfront Wealth Management
    Founded in 2013, Harbourfront Wealth Management is an independent wealth advisory and investment management firm headquartered in Vancouver, British Columbia, and has a rapidly growing network of over 30 branches across Canada. The Harbourfront Group includes a registered securities dealer/investment advisory firm servicing established advisors and their high-net-worth clients, an investment fund manager that specializes in third party managed alternative investment funds, and a U.S. SEC registered investment advisory firm. Learn more: http://www.harbourfrontwealth.com.

    Media Contact
    Andrea Magee, Communications Director
    Harbourfront Wealth Management
    amagee@harbourfrontwealth.com
    778.200.5179

    The MIL Network –

    January 24, 2025

  • MIL-OSI China: Defense Ministry Spokesperson’s Remarks on Recent Media Queries Concerning the Military 2024-10-18 On the afternoon of October 15th, spokesperson for the Ministry of National Defense Senior Colonel Wu Qian answered recent media queries concerning the military.

    Source: People’s Republic of China – Ministry of National Defense 2

    On the afternoon of October 15th, spokesperson for the Ministry of National Defense Senior Colonel Wu Qian answered recent media queries concerning the military.

    Senior Colonel Wu Qian, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers recent media queries concerning the military on the afternoon of October 15, 2024. (mod.gov.cn/Photo by He Youwen)

    (The following English text is for reference. In case of any divergence of interpretation, the Chinese text shall prevail.)

    I have four pieces of information at the top.

    The first one.

    At the invitation of China’s Ministry of National Defense, defense attachés from more than 60 countries including Pakistan, Singapore, South Africa, Jordan, the United Kingdom, Kazakhstan, Canada and Argentina went to the PLA Eastern Theater Command area on October 14th for a five-day visit. This visit will help them better understand the Chinese path to modernization, especially the great achievements made by the people’s military in the new era, and will advance the friendly cooperation between the PLA and their militaries.

    The second one.

    According to the annual plan and the consensus reached between China and Thailand, the Commando 2024 joint army training will be held in Yunnan Province from mid- to- late October. The training focuses on joint counter-terrorism operations, including manned/unmanned coordination, special blasting, helicopter fast-roping, and joint search and clearing. It aims to improve interoperability between the Chinese and Thai armies and bolster regional stability.

    The third one.

    The PLA Army Engineering University will host the 11th International Army Cadets Week (IACW) in Nanjing from October 28th to November 3rd. Officer cadets from military academies of countries including Argentina, Egypt, Italy, Pakistan, and Singapore will participate in the event. Under the theme of “Enhancing the Capability of Junior Officers for Future Warfare”, this year’s IACW will have themed discussions, leadership challenges, live-fire shooting training, cultural exchange and other activities. The IACW is a platform for officer cadets to communicate and learn from each other.

    The fourth one.

    The PLA Army Command College will host the Zhongshan International Forum in Nanjing from October 21st to 25th. Army representatives from over ten countries including Laos, Cambodia, Iran, Tanzania and Kazakhstan will participate in the event. Under the theme of “Future-oriented and New Type Modern Army”, the forum will have themed discussions on such topics as “objectives and trends in army development”, “theoretical innovation for army combat and training”, “army deployment in MOOTW”, and “cultivation of army commanders and staff officers”. The forum will facilitate exchanges and mutual learning among the participants, and promote theoretical innovation for army development.

    Senior Colonel Wu Qian, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers recent media queries concerning the military on the afternoon of October 15, 2024. (mod.gov.cn/Photo by He Youwen)

    Question: It is reported that the recruitment of naval pilot cadets for 2025 has started. Please tell us more about it.

    Wu Qian: The PLA Navy recently launched the naval pilot cadet recruitment for 2025. As usual, eligible high school graduates and fresh graduates from universities either with a bachelor’s or master’s degree could apply. In reference to the recruitment standards in major naval powers, the PLA Navy has loosened the criteria on eye sight, widening the scope of applicants to include those who have received vision correction surgery. To meet takeoff/landing requirements for carrier-borne aircraft in complex sea conditions, the Navy has added such testing items as stereoscopic vision, visual contrast sensitivity, magnetic resonance imaging and chest CT scanning, as well as a 15-hour airborne ability screening, to make the recruitment more science-based and precise.

    Pursue your dream to fly in the Navy, and serve the country with dedication and loyalty. The recruitment of naval pilot cadets for 2025 started on October 15th. We welcome young people to join this cause for the brave and become dancers on the blade. For more details, please log on to http://www.hjzf.mil.cn.

    Question: Naval forces from the United States, Japan, India and Australia conducted Exercise Malabar in the Indian Ocean on October 8th. Some reports say this exercise is directed at China and can enhance the Quad mechanism among the four countries in security areas. What’s your comment?

    Wu Qian: China believes that security cooperation among relevant countries should not harm the interests of any third party or undermine regional peace and stability. The so-called Quad mechanism has become a sheer political tool for the United States to contain China and maintain its hegemony. We firmly oppose relevant parties to use China as an excuse to stir up confrontation and escalate regional tensions. A small circle bloc will not make any big difference. The Asia-Pacific should be a grand stage where countries join hands to cooperate, rather than an arena for geopolitical competition. We require relevant countries to give up their obsession with zero-sum mindset and put more efforts on protecting regional security, instead of doing the opposite.

    Question: It is reported that the Japanese Defense Ministry recently released reports and photos about the movements of the PLA Navy’s Liaoning aircraft carrier task group, which sailed around the Philippines, and was then joined by the aircraft carrier Shandong in Hainan. Please comment on that.

    Wu Qian: We have noticed the media hype by the Japanese side. The Japanese photographer is trying to catch headlines, and is showing off his or her techniques again. Recently, the PLA Navy sent the Liaoning aircraft carrier task group to conduct training in waters of the South China Sea. This is a routine arrangement within the annual plan that is aimed to enhance the task group’s combat capability. The PLA will routinely organize similar training activities in the future.

    Senior Colonel Wu Qian, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers recent media queries concerning the military on the afternoon of October 15, 2024. (mod.gov.cn/Photo by He Youwen)

    Question: According to media reports, the US Government Accountability Office recently accused Raytheon of fraud in selling expensive weapons to Taiwan, which procured the Patriot missile system in 2013 and radar systems in 2017 from that company. A public opinion representative from the Kuomintang criticized US arms dealers as fraud dens. Do you have any comment?

    Wu Qian: We firmly oppose US provision of weapons to China’s Taiwan region. I believe what the reports revealed is only a tip of the iceberg. The Democratic Progressive Party Authorities have been doing everything to court their masters in the US to buy weapons, which only wasted the hard-earned money of people in Taiwan. It is evident that what they bought are pieces of junk that only benefited corrupted officials and arms dealers. There are growing opposition and dissatisfaction from the local people.

    Sky-high price and obsolete functions are two hallmarks of US arms sales to Taiwan. From mouldy bulletproof vest to expired ammunition to expensive missiles and radars, we can see that the Americans only care about American interests. “Taiwan Independence” is a dead end and outsiders are never reliable. Those who try to rely on US support for independence will only court their own destruction.

    Question: Japan’s new Prime Minister Shigeru Ishiba once suggested establishing an “Asian version of NATO” and working with Western countries in containing China. Officials from the Japanese Defense Ministry said China and Russia’s infringement upon Japan’s airspace is a regional and international concern. Please comment on that.

    Wu Qian: In disregard of fact on the ground, the Japanese side often hypes-up the non-existent “China threat” to divert the international community’s attention from its military expansion. China is strongly opposed to this approach. It is known to all that Japan has broken away from its pacifist constitution and “exclusively defense-oriented” policy in recent years, and largely enhanced its military preparedness, such behavior has put its Asian neighbors and the international community on high alert.

    We urge the Japanese side to stop forming exclusive military alliances and “cliques”, be very cautious with its words and deeds regarding military security, and do more for regional peace and stability.

    Question: The Israel Defense Force recently attacked the United Nations Interim Force In Lebanon (UNIFIL). What’s your comment? Are Chinese peacekeepers safe?

    Wu Qian: China is seriously concerned about and strongly condemns the Israeli military’s attack on the UNIFIL. China firmly opposes any attack on UN peacekeepers. We require a thorough investigation on the incident and hold those responsible accountable. We urge relevant parties to take real actions to prevent such an incident from happening again. The parties involved in the conflict must ensure the safety of the personnel and assets of the UNIFIL.

    The Chinese peacekeeping units in Lebanon are safe now. China is closely monitoring the security situation in Lebanon, and will take additional measures to strengthen security protection of our troops.

    MIL OSI China News –

    January 24, 2025

  • MIL-OSI: Andes Announces the AndesCore™ AX66 supporting RVA23, Multi-cluster, Hypervisor and Android

    Source: GlobeNewswire (MIL-OSI)

    Hsinchu, Taiwan, Oct. 18, 2024 (GLOBE NEWSWIRE) — Andes Technology, a leading supplier of high efficiency, low-power 32/64-bit RISC-V processor cores and Founding Premier member of RISC-V International, today announces the AndesCore™ AX66 out-of-order superscalar multicore processor IP supporting the RVA23 profile. The AX66 is the 2nd member of the high-performance out-of-order AX60 series. Built on the success of the AX65 with the same 13-stage pipeline, 4-wide decode, and 8-wide out-of-order execution, the AX66 introduces many new features, including Vector and Vector Crypto support, Hypervisor and AIA, Multi-Cluster support with CHI, and RVA23 profile support. AX66’s versatile capabilities on performance scalability, multimedia, security, and virtualization makes it an ideal main processor in high-performance Linux and Android applications such as edge/data center AI, infotainment, networking, and vision/camera applications.

    The AX66 boosts the SpecInt2006 performance over the 1st generation AX65 by more than 15%. Each core has 64KB private L1 instruction and data caches and up to 1MB private L2 cache, and each cluster contains up to 8 cores and a shared L3 cache up to 32MB. Besides the IO coherence interface already in the AX65, the AX66 adds a Coherence Hub Interface (CHI) for multi-cluster coherence. With the CHI interface support, we can use much more AX66 CPUs to work together in the same cache-coherent domain.  Together with the Hypervisor, AIA and optional IOMMU technologies, the AX66 can fully virtualize the entire multi-cluster CPU subsystem for resource sharing and security. Moreover, the AX66 supports the RISC-V standard external debug and instruction trace interfaces to facilitate fast system development, analysis and debugging.

    “We are excited to announce our 2nd member of the top-of-the-line AX60 series, to further expand our portfolio,” said Dr. Charlie Su, President and CTO of Andes Technology. “We have added numerous features to the AX66, enabling its usage across a wide range of applications. With the RVV support, the AX66 can now handle more advanced AI/ML and multimedia applications. The inclusion of the Vector Crypto extension and the optional IOMMU provides the security capability for a modern day platform system. Additionally, the Hypervisor, AIA, CHI interface support make the AX66 suitable for the data center network applications such as Smart NIC or Data Processing Unit(DPU), and edge servers or devices running containerized applications. The inclusion of the RVA23 profile allows the AX66 to run Android OS on wearables, POS terminals, digital signage, and TV set-top boxes. We anticipate the AX66 to further penetrate high-end mainstream markets.”

    The AndesCore™ AX66 is to be available for lead customers in Q4 2024 through the early access program and for general customers in 2025. For further information about the AX66 and the AX60 series processors, please contact Andes Technology.

    About Andes Technology

    Nineteen years in business and a Founding Premier member of RISC-V International, Andes is a publicly-listed company (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099) and a leading supplier of high-performance/low-power 32/64-bit embedded processor IP solutions. Its V5 RISC-V CPU families range from tiny 32-bit cores to advanced 64-bit Out-of-Order processors with DSP, FPU, Vector, Linux, superscalar, automotive and/or multi/many-core capabilities. By the end of 2023, the cumulative volume of Andes-Embedded™ SoCs has surpassed 14 billion. For more information, please visit https://www.andestech.com . Follow Andes on LinkedIn, Twitter, Bilibili and YouTube!

    The MIL Network –

    January 24, 2025

  • MIL-OSI Security: Threats to Shoot Auto Shop Workers Gets Man Prison Sentence

    Source: Office of United States Attorneys

                WASHINGTON – Rashaud Williams, 30, of Washington, D.C., was sentenced yesterday to 80 months in prison for assault with a dangerous weapon and other related firearm charges, announced U.S. Attorney Matthew M. Graves and Chief Pamela A. Smith, of the Metropolitan Police Department (MPD).

                Superior Court Judge Errol Arthur sentenced Williams on October 17, 2024, to 60 months in prison for assault with a dangerous weapon and 60 months for possession of a firearm during a crime of violence, to run concurrently. Judge Arthur also sentenced him to 20 months in prison for threatening to injure or kidnap a person, to run consecutively.

                Williams was found guilty by a Superior Court jury on May 3, 2024.

                According to the government’s evidence, on August 1, 2023, Williams brought his car into a Petworth area auto shop for repairs. Later in the day, the shop owner called the defendant’s mother to tell her that the car would not be ready until the next day, after they obtained a needed part. Shortly after that call, Williams went to the auto shop and made threats to “shoot up” the entire establishment. The repairman’s girlfriend was there and tried to calm Williams down. Williams then turned the gun on her and threatened to shoot her, then pointed the gun at the owner before leaving.

                In announcing the sentence, U.S. Attorney Graves and Chief Smith commended the work of those who investigated the case from the Metropolitan Police Department and the U.S. Attorney’s Office for the District of Columbia. They also commended the work of Assistant U.S. Attorneys Emmanuel Hampton, Erica Rudolf, and Kathryn Bartz, who prosecuted the case.  

    MIL Security OSI –

    January 24, 2025

  • MIL-OSI Economics: Intelligent automation primed for $47 billion revenue by 2030, driven by GenAI, says GlobalData

    Source: GlobalData

    Intelligent automation primed for $47 billion revenue by 2030, driven by GenAI, says GlobalData

    Posted in Thematic Intelligence

    Intelligent automation goes beyond traditional automation systems by integrating artificial intelligence (AI) to manage more complex business processes. It drives innovation and creativity, making it essential for organizations looking to stay competitive in today’s market. The intelligent automation market is set to grow from $18 billion in 2023 to $47 billion in 2030, driven by advancements in AI, particularly the rapid adoption of generative AI (GenAI), according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Thematic Intelligence: Intelligent Automation,” reveals that AI is now integrated across most facets of intelligent automation. This new era of automation goes beyond simple task execution, allowing systems to analyze data, make decisions, and learn from interactions. This boosts efficiency and fosters innovation, potentially leading to a future where software bots not only perform tasks but also drive strategic growth and creativity.

    Nicklas Nilsson, Consultant, Strategic Intelligence at GlobalData, comments: “Intelligent automation is transforming how businesses operate, not just enhancing efficiency but fundamentally reshaping processes through AI-driven innovation. As automation evolves into a strategic asset for organizations, it unlocks new areas of creativity and growth. Companies that embrace this transformation will be better positioned to navigate the demands of an ever-changing business landscape.”

    GenAI has emerged as a key driver in intelligent automation, expanding the scope of automatable tasks and empowering non-technical employees to create their own solutions. In the past year, every major player in the field added GenAI capabilities through integrations with well-known solutions like ChatGPT and the development of bespoke copilot tools, allowing businesses to speed up innovation and broaden access to automation.

    Nilsson continues: “GenAI’s ability to generate new, contextually relevant content from simple prompts has opened many possibilities. By democratizing access and empowering employees without technical expertise to craft solutions, it accelerates innovation and boosts productivity across organizations. However, it is essential that companies establish strong governance frameworks to ensure these tools are used securely and effectively.

    Despite its benefits, GenAI faces challenges related to governance, security, and compliance. As automation becomes more advanced, companies will need to implement stricter controls to protect sensitive data and ensure their systems comply with industry regulations.

    Nilsson concludes: “The future of intelligent automation will depend on a delicate balance between innovation and governance. As AI continues to evolve, businesses must ensure that their automation strategies are secure, compliant, and equipped to handle the complexity of modern business operations.”

    MIL OSI Economics –

    January 23, 2025

  • MIL-OSI Economics: Global deal activity down by 12.5% YoY during Q1-Q3 2024, finds GlobalData

    Source: GlobalData

    Global deal activity down by 12.5% YoY during Q1-Q3 2024, finds GlobalData

    Posted in Business Fundamentals

    A total of 36,992 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during January to September (Q1-Q3) 2024, which represents a 12.5% year-on-year (YoY) decline over 42,288 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database disclosed that the volume of M&A deals declined by 6.7% during Q1-Q3 2024 compared to Q1-Q3 2023 while the number of private equity deals and venture financing deals experienced YoY fall of 8.9% and 22.2%, respectively.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The majority of the decline in global deal activity came from Q1 and Q2 while the impact was relatively much lesser in Q3. Although the deal activity continued to remain subdued in 2024, the impact seems to be diminishing in recent months or quarters. For instance, the decline in Q3 2024 compared to Q3 2023 remained at just 1%, whereas when compared between Q1 2024 and Q1 2023, the decline stood much higher at around 20% in Q1 2024.

    “The relatively lesser decline could be attributed to improving deal-making sentiments in some regions. In fact, the trend across regions also remained a mixed bag during Q1-Q3 2024, with regions like Asia-Pacific showcasing just a single-digit decline while North America experienced a double-digit decline.”

    North America experienced a 16% YoY decrease in the number of deals announced during Q1-Q3 2024 compared to Q1-Q3 2023, whereas Europe, Asia-Pacific, Middle East and Africa, and South and Central America regions saw respective deal volume fall by 13.6%, 6.8%, 7.6%, and 22.3% YoY.

    Bose adds: “Deal activity across several countries also remained a mixed bag, with some experiencing significant decline and some witnessing relatively lesser decline while few markets experienced improvement.”

    For instance, the US, the UK, China, Canada, Germany, France, Italy, the Netherlands, Spain, and Sweden witnessed YoY decline in deal volume by 15.4%, 7.2%, 22.8%, 21%, 17.9%, 30.8%, 9.4%, 16.7%, 20.2%, and 16%, respectively, during Q1-Q3 2024. Meanwhile, India, Japan, and Australia witnessed deal volume improve by 9.6%, 16.2%, and 2.2% during Q1-Q3 2024 compared to Q1-Q3 2023, respectively.

    MIL OSI Economics –

    January 23, 2025

  • MIL-OSI Banking: Global travel and tourism deal activity down by 11% YoY during Q1-Q3 2024, finds GlobalData

    Source: GlobalData

    Global travel and tourism deal activity down by 11% YoY during Q1-Q3 2024, finds GlobalData

    Posted in Business Fundamentals

    A total of 519 deals (comprising mergers and acquisitions (M&A), private equity, and venture financing deals) were announced in the travel and tourism sector globally during January to September (Q1-Q3) 2024, which was a year-on-year (YoY) decline of 11% over 583 deals announced during the same period in the previous year, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database also revealed that the volume of M&A deals decreased by 6.8% during Q1-Q3 2024 compared to the same period in 2023, while the number of venture financing deals was down by 25.2% YoY. Meanwhile, private equity deals volume remained unchanged.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The decline in global travel and tourism deal activity was mostly driven by a significant fall  in deals volume in some regions and countries, while deal activity remained relatively better for some other regions and countries. In fact, some regions and countries even showcased double-digit growth in deal volume, which seems to be an indication of improving deal-making sentiments.”

    North America, Asia-Pacific, and South and Central American regions experienced decline in deal volume by 36%, 7.7%, and 20% during Q1-Q3 2024 compared to Q1-Q3 2023. In contrast, Europe registered 10.3% YoY improvement in deal activity. Meanwhile, deal volume for the Middle East and African region mostly remained at the same level.

    Similarly, the trend across different countries also remained a mixed bag. The US, China, and France witnessed YoY decline in deal volume by 36.3%, 38.5%, and 42.9%, respectively, during Q1-Q3 2024, whereas India and Japan experienced respective deal volume improve by 24.3% and 38.1% YoY. Meanwhile, deal volume for the UK, South Korea, and Australia mostly remained at the same level.

    Note: Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain

    MIL OSI Global Banks –

    January 23, 2025

  • MIL-OSI Banking: Global deal activity down by 12.5% YoY during Q1-Q3 2024, finds GlobalData

    Source: GlobalData

    Global deal activity down by 12.5% YoY during Q1-Q3 2024, finds GlobalData

    Posted in Business Fundamentals

    A total of 36,992 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during January to September (Q1-Q3) 2024, which represents a 12.5% year-on-year (YoY) decline over 42,288 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database disclosed that the volume of M&A deals declined by 6.7% during Q1-Q3 2024 compared to Q1-Q3 2023 while the number of private equity deals and venture financing deals experienced YoY fall of 8.9% and 22.2%, respectively.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The majority of the decline in global deal activity came from Q1 and Q2 while the impact was relatively much lesser in Q3. Although the deal activity continued to remain subdued in 2024, the impact seems to be diminishing in recent months or quarters. For instance, the decline in Q3 2024 compared to Q3 2023 remained at just 1%, whereas when compared between Q1 2024 and Q1 2023, the decline stood much higher at around 20% in Q1 2024.

    “The relatively lesser decline could be attributed to improving deal-making sentiments in some regions. In fact, the trend across regions also remained a mixed bag during Q1-Q3 2024, with regions like Asia-Pacific showcasing just a single-digit decline while North America experienced a double-digit decline.”

    North America experienced a 16% YoY decrease in the number of deals announced during Q1-Q3 2024 compared to Q1-Q3 2023, whereas Europe, Asia-Pacific, Middle East and Africa, and South and Central America regions saw respective deal volume fall by 13.6%, 6.8%, 7.6%, and 22.3% YoY.

    Bose adds: “Deal activity across several countries also remained a mixed bag, with some experiencing significant decline and some witnessing relatively lesser decline while few markets experienced improvement.”

    For instance, the US, the UK, China, Canada, Germany, France, Italy, the Netherlands, Spain, and Sweden witnessed YoY decline in deal volume by 15.4%, 7.2%, 22.8%, 21%, 17.9%, 30.8%, 9.4%, 16.7%, 20.2%, and 16%, respectively, during Q1-Q3 2024. Meanwhile, India, Japan, and Australia witnessed deal volume improve by 9.6%, 16.2%, and 2.2% during Q1-Q3 2024 compared to Q1-Q3 2023, respectively.

    MIL OSI Global Banks –

    January 23, 2025

  • MIL-OSI Economics: mRNA licensing agreements surge 800% in value as confidence grows beyond vaccines, reveals GlobalData

    Source: GlobalData

    mRNA licensing agreements surge 800% in value as confidence grows beyond vaccines, reveals GlobalData

    Posted in Business Fundamentals

    Messenger ribonucleic acid (mRNA)-based innovator pharmaceuticals saw a staggering 800% increase in licensing agreement deal values from 2019 to 2024YTD, driven by the remarkable success of mRNA vaccines during the COVID-19 pandemic. With growing confidence in this transformative technology, key companies are investing heavily in its potential to address unmet medical needs, indicating that mRNA will remain a critical focus for pharmaceutical innovation and development, says GlobalData, a leading data and analytics company.

    Ophelia Chan, Business Fundamentals Senior Analyst at GlobalData, comments: “The COVID-19 pandemic highlighted the key advantages of mRNA technology in vaccine development, including rapid production, precise immune targeting, and streamlined manufacturing- factors that drove the success of mRNA-based COVID-19 vaccines.”

    Since the FDA approved Pfizer’s Comirnaty in August 2021, the first mRNA vaccine to achieve global market entry, rising licensing agreement values have reflected growing confidence in mRNA technology’s broader potential beyond vaccines, marking a pivotal shift in its applications across the pharmaceutical landscape.

    According to GlobalData’s Drugs Database, the global sales of innovator mRNA-based drugs are expected to grow from $22 billion in 2023 to $26.2 billion in 2030.

    Chan adds: “Licensing agreement deal values for mRNA-based pharmaceuticals have doubled since 2023, reaching $3.8 billion, as major players like GSK and Bristol Myers Squibb invest in mRNA therapeutics to address unmet medical needs.”

    GSK and CureVac restructured their 2020 collaboration into a new licensing agreement worth up to $1.57 billion in July 2024. This deal focuses on the development, manufacturing, and commercialization of mRNA vaccine candidates for influenza and COVID-19, spanning from preclinical to Phase II trials.

    Bristol Myers Squibb formed a multi-year, $1.87 billion strategic collaboration with Repertoire Immune Medicines in April 2024 to develop mRNA-based tolerizing vaccines for up to three autoimmune diseases, including type 1 diabetes and multiple sclerosis, along with other vaccine candidates.

    The US Department of Health and Human Services (HHS) recently allocated $176 million to Moderna for the development of mRNA-based vaccines targeting multiple strains of pandemic influenza. This investment highlights HHS’s focus on pandemic preparedness, reinforcing the versatility and potential of mRNA platforms.

    Chan concludes: “The increase in licensing agreement values for mRNA pharmaceuticals indicates that this will continue to be a key area for innovation and investment. With advancements in mRNA technology and delivery systems, drugmakers have significant opportunities to expand their portfolios, paving the way for breakthroughs in treating various diseases.”

    Note: Includes all announced and completed deals for companies headquartered globally from 2020–2024YTD as a percentage growth from the baseline year 2019. Includes deals where at least one drug involved is an innovator mRNA-based drug where Marketed, Pre-Registration, Phase III, Phase II, Phase I, Preclinical, and Discovery stages are considered. Includes deal values disclosed in the public domain. YTD= Year to date.

    MIL OSI Economics –

    January 23, 2025

  • MIL-OSI Banking: Intelligent automation primed for $47 billion revenue by 2030, driven by GenAI, says GlobalData

    Source: GlobalData

    Intelligent automation primed for $47 billion revenue by 2030, driven by GenAI, says GlobalData

    Posted in Thematic Intelligence

    Intelligent automation goes beyond traditional automation systems by integrating artificial intelligence (AI) to manage more complex business processes. It drives innovation and creativity, making it essential for organizations looking to stay competitive in today’s market. The intelligent automation market is set to grow from $18 billion in 2023 to $47 billion in 2030, driven by advancements in AI, particularly the rapid adoption of generative AI (GenAI), according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Thematic Intelligence: Intelligent Automation,” reveals that AI is now integrated across most facets of intelligent automation. This new era of automation goes beyond simple task execution, allowing systems to analyze data, make decisions, and learn from interactions. This boosts efficiency and fosters innovation, potentially leading to a future where software bots not only perform tasks but also drive strategic growth and creativity.

    Nicklas Nilsson, Consultant, Strategic Intelligence at GlobalData, comments: “Intelligent automation is transforming how businesses operate, not just enhancing efficiency but fundamentally reshaping processes through AI-driven innovation. As automation evolves into a strategic asset for organizations, it unlocks new areas of creativity and growth. Companies that embrace this transformation will be better positioned to navigate the demands of an ever-changing business landscape.”

    GenAI has emerged as a key driver in intelligent automation, expanding the scope of automatable tasks and empowering non-technical employees to create their own solutions. In the past year, every major player in the field added GenAI capabilities through integrations with well-known solutions like ChatGPT and the development of bespoke copilot tools, allowing businesses to speed up innovation and broaden access to automation.

    Nilsson continues: “GenAI’s ability to generate new, contextually relevant content from simple prompts has opened many possibilities. By democratizing access and empowering employees without technical expertise to craft solutions, it accelerates innovation and boosts productivity across organizations. However, it is essential that companies establish strong governance frameworks to ensure these tools are used securely and effectively.

    Despite its benefits, GenAI faces challenges related to governance, security, and compliance. As automation becomes more advanced, companies will need to implement stricter controls to protect sensitive data and ensure their systems comply with industry regulations.

    Nilsson concludes: “The future of intelligent automation will depend on a delicate balance between innovation and governance. As AI continues to evolve, businesses must ensure that their automation strategies are secure, compliant, and equipped to handle the complexity of modern business operations.”

    MIL OSI Global Banks –

    January 23, 2025

  • MIL-OSI Banking: mRNA licensing agreements surge 800% in value as confidence grows beyond vaccines, reveals GlobalData

    Source: GlobalData

    mRNA licensing agreements surge 800% in value as confidence grows beyond vaccines, reveals GlobalData

    Posted in Business Fundamentals

    Messenger ribonucleic acid (mRNA)-based innovator pharmaceuticals saw a staggering 800% increase in licensing agreement deal values from 2019 to 2024YTD, driven by the remarkable success of mRNA vaccines during the COVID-19 pandemic. With growing confidence in this transformative technology, key companies are investing heavily in its potential to address unmet medical needs, indicating that mRNA will remain a critical focus for pharmaceutical innovation and development, says GlobalData, a leading data and analytics company.

    Ophelia Chan, Business Fundamentals Senior Analyst at GlobalData, comments: “The COVID-19 pandemic highlighted the key advantages of mRNA technology in vaccine development, including rapid production, precise immune targeting, and streamlined manufacturing- factors that drove the success of mRNA-based COVID-19 vaccines.”

    Since the FDA approved Pfizer’s Comirnaty in August 2021, the first mRNA vaccine to achieve global market entry, rising licensing agreement values have reflected growing confidence in mRNA technology’s broader potential beyond vaccines, marking a pivotal shift in its applications across the pharmaceutical landscape.

    According to GlobalData’s Drugs Database, the global sales of innovator mRNA-based drugs are expected to grow from $22 billion in 2023 to $26.2 billion in 2030.

    Chan adds: “Licensing agreement deal values for mRNA-based pharmaceuticals have doubled since 2023, reaching $3.8 billion, as major players like GSK and Bristol Myers Squibb invest in mRNA therapeutics to address unmet medical needs.”

    GSK and CureVac restructured their 2020 collaboration into a new licensing agreement worth up to $1.57 billion in July 2024. This deal focuses on the development, manufacturing, and commercialization of mRNA vaccine candidates for influenza and COVID-19, spanning from preclinical to Phase II trials.

    Bristol Myers Squibb formed a multi-year, $1.87 billion strategic collaboration with Repertoire Immune Medicines in April 2024 to develop mRNA-based tolerizing vaccines for up to three autoimmune diseases, including type 1 diabetes and multiple sclerosis, along with other vaccine candidates.

    The US Department of Health and Human Services (HHS) recently allocated $176 million to Moderna for the development of mRNA-based vaccines targeting multiple strains of pandemic influenza. This investment highlights HHS’s focus on pandemic preparedness, reinforcing the versatility and potential of mRNA platforms.

    Chan concludes: “The increase in licensing agreement values for mRNA pharmaceuticals indicates that this will continue to be a key area for innovation and investment. With advancements in mRNA technology and delivery systems, drugmakers have significant opportunities to expand their portfolios, paving the way for breakthroughs in treating various diseases.”

    Note: Includes all announced and completed deals for companies headquartered globally from 2020–2024YTD as a percentage growth from the baseline year 2019. Includes deals where at least one drug involved is an innovator mRNA-based drug where Marketed, Pre-Registration, Phase III, Phase II, Phase I, Preclinical, and Discovery stages are considered. Includes deal values disclosed in the public domain. YTD= Year to date.

    MIL OSI Global Banks –

    January 23, 2025

  • MIL-OSI Russia: Rosneft enterprises became laureates of the National Award “Corporate Museum”

    MILES AXLE Translation. Region: Russian Federation –

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Five Rosneft subsidiaries have won the VI National Award “Corporate Museum”. The award ceremony took place in Nizhny Novgorod. It was attended by 250 delegates from all over the country and neighboring countries.

    Rosneft actively participates in significant events in Russian cultural life and supports projects aimed at reviving the country’s spiritual and national values.

    The Corporate Museum competition consisted of two stages – expert evaluation and project defense. Participants from 51 cities of Russia, the Republic of Belarus and the Republic of Azerbaijan presented 107 projects in various nominations.

    RN-Uvatneftegaz won a second-degree diploma in the New Exposition category. The company’s corporate museum was opened eight years ago. It regularly hosts excursions for schoolchildren, including those from Rosneft Classes and the First Movement, students of specialized specialties from universities and industry veterans. At the exposition, visitors can see unique historical exhibits, as well as a model of an oil field, which presents key production and social facilities. In addition, the exhibition hall has a virtual hologram guide. This year, the museum has already been visited by more than 350 guests.

    Bashneft was awarded a 3rd degree diploma in the Discovery of the Year category. The creation of the corporate exposition is timed to coincide with an important anniversary date: in 2022, the oil industry of Bashkortostan celebrated its 90th anniversary. The exhibition introduces its guests to the history of Bashkir oil and demonstrates the achievements of oil workers. The museum has become a single platform for holding corporate, educational and career guidance events.

    Angarsk Petrochemical Company received a 3rd degree diploma in the nomination “Best Corporate Museum”. The museum was founded in 1988. Its exposition presents the entire history of the enterprise: from a fragment of the layout of the construction sites of Combine-16 (the future ANHK) to the products of modern production. The collection has over 34 thousand exhibits. The most interesting of them are equipped with QR codes, with the help of which you can get additional information in the mobile application. In the display cases of the halls there are numerous awards, diplomas, cups that ANHK teams were awarded. On the stands are the names of the pioneers, on TV screens are films about the historical past and about modern realities.

    The Saratov Oil Refinery was awarded a 3rd degree diploma in the nomination “Corporate Social Responsibility”. The museum, founded in 1985, is a modern, multifunctional exhibition complex. It hosts excursions, career guidance events, thematic meetings and classes, round tables, screenings of historical films and award ceremonies for the company’s employees.

    Syzran Oil Refinery received a 3rd degree diploma in the nomination “Best educational projects of a corporate museum”. The museum and presentation complex, opened on May 9, 2019, consists of two halls: a historical hall and a presentation hall. The historical hall displays exhibits and art objects, as well as multimedia kiosks that show video materials from different years and interactive notes about the plant. The presentation hall can easily be transformed into a cinema hall or a place for holding meetings, gatherings, and training seminars.

    Reference:

    The National Award “Corporate Museum” is held with the support of the Ministry of Culture of the Russian Federation and the Russian Committee of the International Council of Museums.

    The competition is aimed at developing project practices in the field of corporate social responsibility of enterprises, updating industrial heritage and popularizing historical and cultural values of Russian companies. Over 6 seasons, 675 projects from 345 participants were presented.

    Department of Information and Advertising of PJSC NK Rosneft October 16, 2024

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.rosneft.ru/press/nevs/item/220920/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Russia: Rosneft Completes Reconstruction of Ob River Embankment in Nizhnevartovsk, 1.2 km Long

    MILES AXLE Translation. Region: Russian Federation –

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    A large-scale project to create a new look for the Ob River embankment, the calling card of Nizhnevartovsk and a favorite place for city residents to relax, was implemented within the framework of an agreement between Rosneft Oil Company and the government of the Khanty-Mansiysk Autonomous Okrug of Yugra.

    The construction of the embankment was preceded by engineering arrangement of the coastline. Strengthening with metal structures and reinforced concrete retaining walls with waterproofing and artificial stone cladding was carried out. The drainage system is arranged taking into account the features of the relief, the level of underground waters and the depth of soil freezing.

    The embankment is landscaped while preserving the natural relief of the area. Coverings for walking, running and cycling paths have been created. Viewing platforms, recreation areas with sun loungers and swings have been built in the walking areas. Lawns for family recreation have been profiled on the slopes. Modern play complexes made of environmentally friendly materials have been installed for children, which support the visual concept of the embankment.

    Several locations are intended for holding cultural events – an open amphitheater, an exhibition complex and an area for holding folk craft fairs have been built on the boulevard. The entire embankment area is accessible to people with limited mobility.

    Volunteers of Samotlorneftegaz and activists of the Movement of the First, who planted greenery, took part in the grand opening of the embankment. The organizers held a sports and musical warm-up for them.

    Rosneft implements social projects aimed at creating favorable living conditions in the regions of its presence. In particular, it supports initiatives in the field of creating a comfortable urban environment.

    Reference:

    Samotlorneftegaz is one of Rosneft’s key production enterprises, developing the Samotlor field, the largest in Russia. Under the agreement between Rosneft and the government of Khanty-Mansiysk Autonomous Okrug – Yugra, the company actively participates in the social development of the region. Thanks to the support of Samotlorneftegaz, over the past three years, more than 20 significant social infrastructure facilities have been opened in the region.

    Among the largest are the buildings of the largest school in Nizhnevartovsk for 1,725 children and two kindergartens, a rollerdrome, the youth club “EcoQuant”, the technopark “EngineerUm”. An ice rink was built in the Nizhnevartovsk region, and a universal sports complex in Khanty-Mansiysk.

    Samotlorneftegaz also supported the program to ensure Internet accessibility for the indigenous peoples of the Khanty-Mansiysk Autonomous Okrug-Yugra. About 2 thousand residents of ancestral lands received a connection to the World Wide Web.

    Department of Information and Advertising of PJSC NK Rosneft October 16, 2024

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.rosneft.ru/press/nevs/item/220921/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Russia: Modern schools and kindergartens: three educational facilities are being built in the north-east of the capital under participation agreements

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    In the north-east of Moscow, construction of three educational facilities continues. The buildings are being erected within the framework of contracts for the participation of developers in the development of social, transport, and engineering infrastructure in the capital’s developing area. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “Thanks to participation agreements with investors, 1,475 school places and 200 preschool places will appear in the north-east of the capital. Thus, in Maryina Roshcha, an educational facility for 650 places is being built. In the Ostankino district, a kindergarten for 200 places is being built, as well as a school designed for 825 students. This will reduce the load on existing institutions and provide comfortable conditions for residents of these areas. The new educational facilities are planned to be completed in 2025,” Vladimir Efimov noted.

    Attracting private investors allows developing educational infrastructure. After completion of construction, the institutions will be transferred to the city’s ownership.

    All facilities are built within walking distance of residential buildings. This will allow children to quickly get to school. The institutions are becoming an important part of the social infrastructure in areas where new residential development is actively developing, including within the framework of the renovation program.

    “Modern schools and kindergartens are built with an emphasis on multifunctionality. In addition to universal and specialized classrooms, they include sports halls and spaces for children’s creative development. For example, the school in Ostankino will be equipped with engineering and medical laboratory research complexes and a workshop for watercolor painting and drawing. Conditions will also be created for the education of children with disabilities,” added the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy

    Vladislav Ovchinsky.

    Educational facilities built under the participation agreement are designed according to the Moscow School standard. It represents uniform requirements for zoning, exterior and interior decoration of schools in the capital.

    Earlier Sergei Sobyanin told on the development of social infrastructure in the north-east of the capital.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145271073/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI United Kingdom: Government to launch independent review into Carer’s Allowance overpayments 

    Source: United Kingdom – Executive Government & Departments 2

    Review signals Government’s recognition of the challenges carers face and commitment to provide them with the support they need. 

    • Former Disability Rights UK Chief Executive Liz Sayce OBE confirmed to lead review. 
    • Work and Pensions Secretary recognises the concerns of carers, some of whom only breached earnings limit by a “small amount”.

    Work and Pensions Secretary Liz Kendall MP has announced today (16 October) that the Government will launch an independent review into Carer’s Allowance overpayments.  

    Led by Liz Sayce OBE, the former Disability Rights UK Chief Executive, now visiting professor in practice at LSE, the review will investigate the reasons why overpayments have occurred for some carers.

    The review will focus on how and why overpayments were accrued, operational changes to minimise future overpayment risk and how the DWP can best support those with overpayments. A full term of reference will be published in due course.

    It follows concerns over increasing reports of carers unknowingly accruing large amounts of overpayments of Carer’s Allowance, signalling the Government’s commitment to learn lessons and get to grips with the issues.

    This review has been commissioned by the Secretary of State to get an independent view of the situation and its causes, and to recommend potential solutions for ministers to consider.

    Work and Pensions Secretary, Liz Kendall MP, said:

    I have been a lifelong champion of family carers and know many have been pushed to breaking point looking after the people they love.

    This is not okay. We’re determined to learn lessons and put this right.

    It’s brilliant that Liz Sayce has agreed to lead this with all the experience she brings.

    Former Chief Executive of Disability Rights UK, Liz Sayce, said:

    I’m delighted to be leading this important review which will make a difference to carers who offer such tremendous support to their loved ones every day.

    My work aims to get to the bottom of how overpayments have occurred and how to prevent people who devote such time and care to others facing these difficulties in future.

    Minister for Social Security and Disability, Sir Stephen Timms MP, said:  

    Carers, whom we owe so much for the hard work they do, deserve to be supported, not punished.  

    In the last Parliament, the Work and Pensions Select Committee found that people in receipt of Carer’s Allowance were accruing large overpayments – often inadvertently.

    We need to get to the bottom of what has been going wrong, and to put it right. This review will shed some light on why overpayments have occurred and is evidence of this government’s commitment to make positive change and support all those who care.

    The government is also working on long-term reform of the social care system to improve support for both carers and those being cared for.  

    This includes the longer-term goal of creating a sustainable National Care Service and working collaboratively with unpaid carers themselves, sector partners, and carer organisations as part of that process.  

    Further Information

    • Further details, including the timeline, of the review will be announced in due course.  

    • More information on Carer’s Allowance including full eligibility criteria can be found here: Carer’s Allowance: How it works – GOV.UK (www.gov.uk)  
    • To be eligible for Carer’s Allowance, a carer must earn £151 a week or less after allowable deductions. If they exceed this earnings limit, they have a duty to inform DWP so that their entitlement can be reviewed.

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    Published 16 October 2024

    MIL OSI United Kingdom –

    January 23, 2025

  • MIL-OSI Russia: The pond on Veshnikh Vody Street will be put in order

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Specialists from the city economy complex have begun rehabilitating the Yaroslavl pond in the north-east of the capital. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “Currently, the reservoir, located inside the existing residential development on Veshnikh Vod Street, is in an unsatisfactory condition: a layer of silt deposits has accumulated at the bottom, the water area is abundantly overgrown with aquatic vegetation, and the destruction of the coastal strip is observed. In connection with this, a decision was made to carry out a comprehensive rehabilitation of the pond, we plan to complete the work by the end of this year,” said Petr Biryukov.

    The specialists will extract more than 900 cubic meters of silt deposits, which will allow achieving an optimal temperature balance and preventing the reservoir from overgrowing in the warm season. In addition, the structure of the coastal strip with a total length of more than 180 meters will be repaired; it will remain the same type (slope) and will be reinforced with stone.

    At the final stage, two bioplateau zones with a total area of over 432 square meters will be organized, in which aquatic plants of different species will be planted.

    Specialists regularly conduct surveys of the capital’s water bodies, and if problems are identified, a decision is made on rehabilitation. The list of water bodies is compiled annually taking into account the wishes of Muscovites. In total, over 20 ponds are planned to be renovated in Moscow this year.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145299073/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Economics: Huawei Globally Unveils Intelligent Campus 2030 White Paper

    Source: Huawei

    Headline: Huawei Globally Unveils Intelligent Campus 2030 White Paper

    [Dubai, UAE, October 16, 2024] During GITEX Global 2024, Huawei released the Intelligent Campus 2030 white paper for markets outside China at the forum Redefining Intelligent Campus with ICTs, Maximizing Enterprises’ Intelligent Productivity with Xinghe Intelligent Campus. This white paper envisions the future of the intelligent campus.
    David Shi, Vice President of Huawei’s ICT Marketing & Solution Sales Dept, delivered an opening speech at the forum. He highlighted that as digital technology advances, the intelligent connectivity of everything will become a reality, which will allow campuses to be fully digital and intelligent. He added that future campuses will become fully perceptible, collaborative, and constantly online smart buildings that are capable of self-learning, self-troubleshooting, and making decisions and executing them independently. “Huawei is committed to bringing digital to every campus for pervasive intelligence and has been deeply involved with intelligent campuses for many years. We have proposed to redefine campuses with ICTs and have leveraged the advantages of our product portfolios to reshape campus connectivity, platform, and business. Up to now, we have helped over 1000 customers worldwide build secure, green, digital, and intelligent campuses,” said David Shi.
    David Shi, Vice President of ICT Marketing & Solution Sales Dept, Huawei

    Eric He, CEO of Huawei Campus Team, said in his speech that revolutions in energy and information take us closer to the intelligent world, where campuses will play a crucial role. As Eric He explains, we have entered the stage of intelligent campus 2.0, which is 10 Gbps, digital, intelligent, and green. During this stage, campus networks will evolve from simply transmitting data to providing quality connections, campus platforms will move beyond integrating IoT to providing data intelligence, and extensive business management will be upgraded to low-carbon operations. “Relying on ICTs to redefine campuses, Huawei looks forward to working with customers and industry peers to innovate as well as envision and build intelligent campus 2030,” he said.
    Eric He, CEO of Huawei Campus Team

    Hawn Zhao, President of the Campus Network Domain, Data Communication Product Line, Huawei, introduced Huawei’s Xinghe Intelligent Campus Solution at the forum. As enterprises are witnessing a surge in the number of devices and video conferences, their digital and intelligent office requires improved network performance, security, experiences, and O&M. Huawei’s all-scenario Wi-Fi 7 products can strengthen signals by 100% and improve concurrency by 50%. In addition, Huawei’s application experience assurance solution ensures smooth video conferences and protects VIP services from being compromised, while the Wi-Fi Shield prevents data eavesdropping to ensure 100% network security.
    Helping Customers Advance Digital and Intelligent Transformation
    Ibrahim Al Kindi, IT Director of the Arab Authority for Agricultural Investment and Development (AAAID), shared AAAID’s experience in intelligent campus construction. AAAID and Huawei have collaborated to enhance its office experiences in five areas: seamless access, intelligent office conferences, full wireless network coverage, AI-based building control, and centralized IoT device access. Ibrahim Al Kindi stated that this is just the beginning of a new era of intelligent office, and AAAID will continue to explore the digital and intelligent transformation of the office field.
    Fahad Daghriri, Chief Information Officer of Technical and Vocational Training Corporation (TVTC) in Saudi Arabia, shared how TVTC built an intelligent campus network with the help of Huawei. This network allows for wide coverage, high performance, and efficient O&M, improving mobile office for teachers and studying for students. “Our collaboration aims to achieve a win-win situation, promote digital transformation, build a one-stop campus network, create a smart education platform, and lay a solid foundation for long-term development,” said Fahad Daghriri.
    Releasing the Intelligent Campus 2030 White Paper
    Huawei globally unveils the Intelligent Campus 2030 white paper

    The campus is a basic unit in the making of a city. It is the main place where people live and work. It acts as an important carrier to boost the digital economy, and a key point to realize green and low-carbon transformation. In recent years, the industry has conducted in-depth exploration and cultivated practices surrounding the intelligent campus. Huawei, along with industry experts and scholars, provides insights into its future in the Intelligent Campus 2030 white paper.
    Based on the insights into and practices of global intelligent campuses, this white paper proposes a far-sighted definition of future intelligent campus along with visions for its advancement. It outlines five trends that affect intelligent campus development, systematically depicts 10 typical future scenarios, and defines six key technical features of future intelligent campuses for the first time. Innovatively, the white paper proposes a unique reference architecture for the intelligent campus and 22 quantitative indicators to predict the prospects of intelligent campuses, guiding their implementation and construction.
    Click the link to read more about the white paper: https://www.huawei.com/en/giv/intelligent-campus-2030

    MIL OSI Economics –

    January 23, 2025

  • MIL-OSI United Kingdom: BLOG | “Our markets stand as a testament to the power of community”

    Source: City of Liverpool

    Liverpool has been a home to numerous markets since the Middle Ages and 2024 has shown us they are more popular than ever. Here Michael Bracken, Liverpool City Council’s Head of Markets, reflects on why markets are special places for scousers…

    In Liverpool, markets are more than just places to shop. They have always been at the heart of our communities, bringing people together and helping to forge bonds between shoppers and traders.

    And this year has proved this again and again. The successes of the new Stanley Park Market – where the bakers have been selling out almost before they can put their stock on their stall! – and the seasonal St George’s Hall markets show that there is a real appetite for this experience in Liverpool and that if you get the offer right, they work.

    But why are markets so special? Why do they still flourish in so many different guises?

    For us, it’s quite simple: connection. There is a social aspect to visiting a market that you don’t always get in the same way from some big high-street stores. Shoppers get to know the traders, the traders get to know the shoppers. It builds trust and strengthens the fabric of our communities, enriching our neighbourhoods.

    To say markets have a long history in Liverpool is a understatement. It is believed that there have been meat and fish markets in what is now the city centre since the 13th century. Since 1773, the local authority has been the sole market authority in the city and we do not take this responsibility lightly, understanding that if we are to help traders to succeed then our approach cannot be one-size-fits-all.

    From the well-established weekly bustle of Greatie to the farmers’ markets in Lark Lane, Woolton Village and Allerton Road via the annual Christmas Market, whose contract is managed by Culture Liverpool, we’ve worked hard to make sure that our communities have the markets that they want and deserve. They reflect the diversity of our neighbourhoods, from the people that shop there to the goods that are sold. They provide local connection for older people and plenty of eye-widening fun for youngsters.

    Not only that, markets are increasingly becoming a vital foundational part of the local economy, making sure that money stays in Liverpool and that small businesses grow and become more secure, offering traders a low-cost, low-risk way to trial products and concepts. Spend money in a Liverpool market and you’re effectively investing in your community.

    And they’re sustainable – goods do not have to be transported as far and shoppers can walk to the market rather than getting in their car.

    In a world that often feels fragmented, our markets stand as a testament to the power of community. They are not just places for commerce but spaces where relationships develop, cultures are shared and local pride grows. Sitting alongside all the other fantastic shopping opportunities that Liverpool has to offer.

    So the next time you visit a market, as well as possibly opening your purse or wallet remember that you are also opening your heart to a tradition that stretches back centuries.

    MIL OSI United Kingdom –

    January 23, 2025

  • MIL-OSI United Kingdom: BLOG: Kinship Carers Week Goes Global – A Liverpool Success Story!

    Source: City of Liverpool

    Last updated:14 October 2024

    At Liverpool City Council, we truly value the incredible work of kinship carers and are proud of our ongoing partnership with Liverpool Kinship Carers.

    Based in Norris Green, this dedicated charity provides vital resources, support and advocacy for kinship families. Kinship carers are relatives or friends who step in to care for children when their parents are unable to do so. Their unwavering commitment has made a lasting impact on countless lives, and this week, we’ve been celebrating with our kinship families. As part of Kinship Carers Week, they’ve enjoyed a variety of parties and events, culminating in a special afternoon tea.

    Please read this amazing update from Pauline Thornley, the Project Co-ordinator of the Kinship Care Project:

    I’m beyond excited to share some incredible news! Kinship Carers Week, which began right here in Liverpool, has now gone global!

    What started as a local initiative to raise awareness and celebrate the often-overlooked role of kinship carers has been adopted by 15 other countries this year. Yes, 15 countries!

    I was fortunate enough to attend a recent webinar featuring keynote speakers from Zimbabwe and Nepal, and hearing their stories was truly inspiring. It’s amazing to see how the challenges and triumphs of kinship carers are so similar, no matter where they are based in the world.

    When we first launched Kinship Carers Week in 2016, there was nothing like it. Our aim was to raise both local and national awareness of the vital work kinship carers do, looking after children who might otherwise enter the care system.

    We wanted to spark conversations, particularly with local authorities, about how to better support these families. We never imagined the movement would grow into what it is today!

    In those early days we ran some brilliant campaigns. Our promotional T-shirt made its way around the world, from Westminster to New Zealand, spreading the word about kinship care. We even launched a cake smash challenge, which went viral, with families, organisations and even MPs getting involved and sharing the fun on social media. It wasn’t just a bit of fun, it got people talking and raising awareness of kinship carers.

    The benefit of raising awareness is profound. This year, as we celebrate Kinship Carers Week globally, hundreds more kinship carers across the UK are being recognised and receiving the support they deserve. The increased visibility of their challenges and contributions helps ensure that these families are not only acknowledged, but are also provided with the resources and assistance they need to thrive.

    Now, seeing other countries adopt what started here in Liverpool feels truly special. It’s a testament to the power of community and collective voices. It’s also a clear sign that kinship carers everywhere need and deserve recognition and support.

    So, let’s take a moment to celebrate this incredible achievement. What began in Liverpool has sparked a global movement. This is a tribute to the strength and determination of our kinship families, and it’s something we should all be immensely proud of. Let’s keep this momentum going and continue to raise our voices for kinship carers everywhere!

    MIL OSI United Kingdom –

    January 23, 2025

  • MIL-OSI: Vienna Insurance Group Subscribes to Intermap’s Real Estate Solution

    Source: GlobeNewswire (MIL-OSI)

    Enhancing data transparency in the Czech real estate market

    Providing insurers with reliable and accurate property valuation for underwriting

    DENVER, Oct. 16, 2024 (GLOBE NEWSWIRE) — Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced that Česká podnikatelská pojišťovna (ČPP), a subsidiary of the Vienna Insurance Group, has subscribed to Intermap’s innovative solution for determining the market price of real estate properties.

    Intermap and its partner Dataligence recently launched a solution that combines Intermap’s data and analytics for underwriting, reinsurance and claims with Dataligence’s world-class pricing and real estate databases. ČPP, a long-term user of Intermap’s Aquarius RMA, is the newest major EU insurance group customer to adopt this innovative solution.

    This advanced property valuation process meets the growing demand for digitized property services in the Czech market, improving transparency in real estate data.

    By utilizing Intermap’s up-to-date flood and natural hazard maps within its Aquarius RMA software, alongside Dataligence’s extensive real estate data, this solution enables accurate online property valuation. It processes comprehensive databases of flood, natural hazard, and real estate information to streamline transactions, providing insurers with reliable and precise property valuations for underwriting purposes.

    “We chose this innovative solution because it will make it easier and more convenient for our clients to arrange insurance. At the same time, we see our partners as technology leaders whose data is accurate, robust and reliable,” said Michal Šimon, manager of non-life insurance at Česká podnikatelská pojišťovna.

    “We are always excited when we find new ways to use our world-class pricing and real estate datasets,” said Milan Roček, founder and CEO of Dataligence. “Last year, we made our innovative tools available to the general public through the http://www.hypox.cz app, and the continued integration of online pricing into insurance companies’ systems embodies our vision for modern insurance and real estate services, where clients don’t have to worry about anything, yet their assets are reliably protected.”

    “Intermap’s solutions for the insurance market use proprietary datasets that are integrated into insurance processes to provide insurers with comprehensive tools that can be used throughout a portfolio lifecycle,” said Patrick A. Blott, Intermap Chairman and CEO. “Our state-of-the-art software, analytics and data enable insurers to understand and underwrite natural hazard risks, then leverage data intelligence to actively manage and reinsure risk with attractive margins.”

    Intermap’s services are more important than ever. According to Resources for the Future, “the private residential flood insurance market in the United States is currently small relative to the NFIP. We estimate that private flood insurance accounts for roughly 3.5 to 4.5 percent of all primary residential flood policies currently purchased.” With historic flooding recently, this demonstrates the need for dramatic increase in coverage. CoreLogic “estimates Hurricane Helene industry insured loss at $10.5B – $17.5B. Uninsured losses are estimated at $20B – $30B.” Moody’s RMS Event Response estimates total U.S. private market insured losses from the recent Hurricanes Helene and Milton will likely range between US$35 billion and US$55 billion. This estimate is for insured losses associated with wind, storm surge, and precipitation-induced flooding from these events.”

    In Europe, the flood protection gap is 25%. Recent European Commission studies “show that insurance premiums written should at least be doubled to reach a harmonized level of penetration equal to 50%.” Intermap is uniquely positioned to meet this demand and address this need.

    To learn more about Intermap’s European solutions, visit intermap.com/european-solutions.

    Intermap Reader Advisory
    Certain information provided in this news release, including reference to revenue growth and run-rate, constitutes forward-looking statements. The words “anticipate”, “expect”, “project”, “estimate”, “forecast”, “will be”, “will consider”, “intends” and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap’s forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap’s Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.

    About ČPP
    Česká podnikatelská pojišťovna (ČPP), a subsidiary of the Vienna Insurance Group, is a universal insurance company that offers its clients modern products and comprehensive insurance solutions in life and non-life insurance. The company operates through 6 regional headquarters, 100 branches and 220 offices throughout the Czech Republic. It has been operating on the Czech insurance market since 1995. Currently, ČPP manages 2.4 million contracts and its services are used by more than 1.3 million clients. ČPP is one of the Czech top five largest insurance companies.

    About Dataligence
    The investment group Trigema bought a majority stake in CenovaMapa.org in 2022, largest real estate data platform on the Czech market. The cooperation has already resulted in a new application for end customers, http://www.hypox.cz, as well as the development of existing Dataligence platforms. Over the past few years, Dataligence, with the help of consulting company Deloitte, has become the most important provider of online real estate valuation data in the Czech Republic. For more information, please visit http://www.dataligence.cz.

    About Intermap Technologies
    Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows. Intermap’s 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. By leveraging its proprietary archive of the world’s largest collection of multi-sensor global elevation data, the Company’s collection and processing capabilities provide multi-source 3D datasets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap’s products and solutions include defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation.

    For more information, please visit http://www.intermap.com or contact:
    Jennifer Bakken
    Executive Vice President and CFO
    CFO@intermap.com
    +1 (303) 708-0955

    Sean Peasgood
    Investor Relations
    Sean@SophicCapital.com
    +1 (647) 260-9266

    The MIL Network –

    January 23, 2025

  • MIL-OSI United Kingdom: Tom Stannard named new Chief Executive designate

    Source: City of Manchester

    Manchester City Council has named Tom Stannard as its new permanent Chief Executive to lead the delivery of the city’s strategy for the decade ahead. 

    He will become only the third Chief Executive to take the reins in more than a quarter of a century in a city which prides itself on stability. Tom was selected following a rigorous recruitment process.  

    He has been Chief Executive of neighbouring Salford City Council for the past four years, overseeing achievements including the transformative regeneration of Salford, an ambitious council housebuilding programme and high-performing children’s services. He has more than 27 years of experience in local government including senior posts in Oldham, Wakefield, Blackburn with Darwen and London boroughs.  

    Tom is nationally recognised as a leading voice in local government, public service reform and delivering inclusive growth and currently holds the lead CEO brief for Greater Manchester in the economy, business and international portfolio.  

    He is a Chartered Surveyor, Chair of the UK Institute of Economic Development, Commissioner for the UK Living Wage Foundation and National Spokesman for Health and Social Care for SOLACE (The Society of Local Authority Chief Executives and Senior Managers.)  

    Tom joins one of the best performing councils in the country at a crucial time as Manchester presses ahead with its ambition to be world-class city with top class services. It is also a pivotal moment for the Council as it gears up to bring forward and oversee the delivery of the 2025-2035 Our Manchester Strategy, which will guide the city for the next 10 years. The new vision will go further on the achievements of the current strategy to ensure economic growth that benefits everyone, including through the city’s ambitious Making Manchester Fairer, housebuilding and zero carbon programmes.  

    Tom is expected to join the Council early in the New Year. Eamonn Boylan OBE will remain in post as Interim Chief Executive until then. 

    Leader of Manchester City Council Councillor Bev Craig said:

    “This is a big job and we know the Chief Executive of Manchester is one of the most coveted positions in local government. That’s why I’m delighted that we’re appointing Tom Stannard – someone who shares our pride in the city and ambition to deliver for our residents.  

    “Tom was our unanimous choice in a highly competitive selection process. He is a nationally respected voice in local government with an impressive CV and a track record of delivery across regeneration, inclusive growth and improving council services. We were impressed by his energy and passion, his clear understanding of the opportunities and challenges facing Manchester and his ideas for the future. He is already a well-known figure in Greater Manchester and beyond and we are confident that he will help us improve the city over the next decade. 

    “I’m looking forward to working alongside him and we can’t wait to welcome him as our new chief executive.”  

    Tom Stannard said:

    “This is an exceptional role in an incredible city. I’ve spent a significant part of my career living and working in Greater Manchester and have a deep commitment to the city and its people. I’m eager to start work on the next chapter alongside Cllr Craig and all elected members. 

    “Manchester is a city which is competing on a global stage and successfully attracting investment, jobs and visitors and it’s important that we continue to maximise those strengths. Just as crucial is that the growth generated benefits the whole city, and I know that’s something the Council is already working on and determined to achieve.  

    “While being unapologetically ambitious for the city’s global future, I won’t lose focus on the need to deliver excellent day-to-day services for Manchester people in the here and now.”  

    MIL OSI United Kingdom –

    January 23, 2025

  • MIL-OSI: Angus Gold Successfully Targets High-grade Gold in BIF-Hosted Gold System; Intersects 5.4 g/t Au over 3.0 metres and 6.0 g/t Au over 1.8 metres, within broader envelope of 111 metres grading 1.0 g/t Au Golden Sky Project, Wawa

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce assay results from the first four (4) exploration holes that were completed on the BIF Gold Zone as part of its August 2024 drill program at the Golden Sky Project in Wawa, Ontario.

    Highlights:

    • The main focus of the 2024 drill program was to improve both our understanding of the size of the BIF Gold Zone and the geometry of higher-grade ore shoots at depth.
    • Down-plunge drilling results at the BIF Gold Zone indicate the mineralized system is thick and continuous:
      • Hole GS24-157 returned 111.0 metres of mineralization grading 1.0 g/t Au, including 5.4 g/t Au over 3.0 metres and 6.0 g/t Au over 1.8 metres.
    • All down-plunge drilling results provided useful information for interpreting the preferred orientation of higher-grade ore shoots at depth to improve future targeting.
    • New gold mineralization intersected at 270 metres true depth:
      • Hole GS24-156 returned 9.6 metres of mineralization grading 1.1 g/t Au, indicating the system has significant depth potential.
    • Additional BIF Gold Zone drilling results expected in the coming weeks.

    Breanne Beh, Chief Executive Officer of Angus, states: “We are very pleased with the results so far from our 2024 BIF drilling program, with additional results expected in the coming weeks. These four holes were designed specifically to improve our understanding of the size and geometry of the mineralization at the BIF Gold Zone. The results of GS-24-157 are incredibly encouraging as we were able to gain a better understanding of just how large this BIF-hosted gold system could potentially be. Within the mineralized intervals we had over a dozen high-grade samples between 2 and 8 g/t Au, confirming the potential for higher-grade shoots. We are currently modeling these results in 3D to identify preferred orientations of the high-grade mineralization. In addition, the discovery of another zone of mineralization at depth in GS-24-156 is very encouraging as it indicates the continued exploration potential of the 6.0 kilometres of banded iron formation present on the Golden Sky property. BIF-hosted gold deposits are extremely complex, however, we have made significant progress over a relatively short period of time. These current results were successful in providing the information we need to advance our model another step forward and will allow us to plan our next drill program to begin defining the high-grade zones.”  

    The 2024 drilling program on the BIF was designed to test new hypotheses regarding the structural controls on the gold mineralization. The four (4) drill holes published in this press release were designed with the intention of understanding the size of the low-grade envelope of gold mineralization in the BIF Gold Zone in addition to, improving the understanding of the geometry of the apparent high-grade ore shoots plunging within. All four holes returned numerous intersections of > 2.0 g/t Au material within a broad envelope of low-grade gold mineralization. This information is now being used to help improve the modelling of what were thought to be repeated high-grade ore shoots. Hole GS-24-157 was most successful at defining the extents of the gold system with two separate intersections of gold mineralization grading 1.0 g/t Au, one of 12.0 metres and the second of 111.0 metres, including a dozen high-grade intercepts >2.0 g/t Au. With these results we can begin to visualize how large the BIF Gold Zone system is. The thickness and continuity of the results continue to indicate strong potential for the area to host significant BIF-hosted gold mineralization.

    In addition, hole GS-24-156 was successful at intersecting a new zone of gold mineralization grading 0.8 g/t Au over 16.9 metres, including 2.3 g/t Au over 1.0 metres and 2.4 g/t Au over 1.0 metres, at 270 metres true depth. This is the deepest hole that has been drilled on Angus’ BIF Gold Zone to date and indicates the continued potential for new zones of mineralization to be discovered.

    Similar to GS-24-157, holes GS-24-154, GS-24-155 and GS-24-156 returned a pattern of repeating > 2.0 g/t Au intersections within a broad envelope of lower-grade Au mineralization. These initial results are encouraging and indicate the potential for repeated or stacked ore shoots within the large mineralized system. Notable intersections are listed in the table below.

    Selected drill results from the 4 holes at the Golden Sky drilling program are, as follows:  

    Hole Number From (m) To (m) Length (m) Au g/t Area
    GS-24-154 10.9 14.0 3.1 1.6 BIF
    including 12.8 14.0 1.2 2.8
    GS-24-154 77.6 78.6 1.0 2.3
    GS-24-154 85.5 130.0 44.5 0.7
    including 98.0 99.0 1.0 3.7
    including 100.0 101.0 1.0 2.5
    including 103.0 104.0 1.0 2.9
    including 118.0 119.0 1.0 2.3
    including 122.0 123.0 1.0 2.5
    including 125.0 126.0 1.0 2.1
    GS-24-154 146.0 147.0 1.0 3.6
    GS-24-154 158.0 166.0 8.0 1.1
    GS-24-155 97.5 143.0 45.5 0.8 BIF
    including 99.0 100.9 1.9 2.0
    including 106.5 111.0 4.5 1.2
    including 114.0 121.0 7.0 1.0
    including 126.0 131.0 5.0 1.5
    GS-24-155 158.0 162.0 4.0 2.0
    GS-24-156 12.8 21.6 8.8 1.7 BIF
    including 15.2 20.1 4.9 2.9
    GS-24-156 82.1 89.0 6.9 1.0
    including 87.0 88.0 1.0 2.9
    GS-24-156 123.0 144.0 21.0 0.9
    including 123.0 127.0 4.0 2.0
    including 132.0 136.0 4.0 1.3
    including 141.0 142.0 1.0 2.3
    GS-24-156 269.0 285.9 16.9 0.8
    including 276.3 285.9 9.6 1.1
    including 278.0 279.0 1.0 2.3
    including 283.9 284.9 1.0 2.4
    GS-24-157 50.0 62.0 12.0 1.0 BIF
    including 55.7 56.4 0.7 5.5
    including 60.0 61.0 1.0 2.4
    GS-24-157 107.0 218.0 111.0 1.0
    including 108.0 109.0 1.0 2.6
    including 112.0 113.0 1.0 2.3
    including 115.0 116.0 1.0 2.7
    including 131.0 133.0 2.0 3.8
    including 139.0 141.0 2.0 4.7
    including 145.5 147.0 1.5 3.9
    including 158.0 160.0 2.0 2.9
    including 173.0 174.0 1.0 2.8
    including 179.0 182.0 3.0 5.4
    including 185.0 186.0 1.0 2.4
    including 202.0 203.8 1.8 6.0
    including 215.4 218.0 2.6 2.6

    (1) Assay results presented over core length. Additional drilling will be necessary to constrain the true width of the mineralized envelope of the gold system.

    Figure 1: Surface Map – BIF new drilling, Golden Sky Airborne Magnetics Map        

    The Golden Sky Project
    The 100%-owned Golden Sky Project is located within the Mishibishu Lake Greenstone Belt of Northern Ontario, which is host to Wesdome’s high-grade Eagle River and the Mishi open-pit gold mines. The Company’s 290-square-kilometres land package is located approximately 50 kilometres west of the town of Wawa and is situated immediately between the two Wesdome mines.

    The ongoing drill program on the Golden Sky Project is focused on the Dorset Gold Zone, which hosts a historic gold resource; the BIF Zone, a new gold zone discovery in a large banded iron formation; as well as the Eagle River Splay deformation zone, which shows potential for another extensive gold system. Angus’ drill programs on the near-surface Dorset Gold Zone have been successful at extending the strike length of the previously modelled zone from 750 metres to 1.7 kilometres. The Dorset Gold Zone historic estimated resource (using a 0.50 g/t Au cut-off) consists of an indicated resource of 40,000 ounces of gold (780,000 tonnes grading 1.4 g/t Au), and an inferred resource of 180,000 ounces of gold (4,760,000 tonnes grading 1.2 g/t Au). For greater details on the Golden Sky Project, please refer to the NI 43-101 technical report for the Golden Sky Project entitled, “NI 43-101 Technical Report Wawa Property Ontario, Canada” dated February 18, 2020, and available on the Company’s SEDAR profile.

    Qualified Person
    The scientific and technical content of this press release has been reviewed and approved by Breanne Beh, P.Geo, who is a “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and Chief Geologist for the Company.

    Quality Control
    During the last drilling program, assay samples were taken from the NQ core by sawing the drill core in half, with one-half sent to a certified commercial laboratory and the other half retained for future reference. A strict QA/QC program was applied to all samples; which includes insertion of mineralized standards and blank samples for each batch of 20 samples. The gold analyses were completed by fire-assayed with an atomic absorption finish on 50 grams of materials. Repeats were carried out by fire-assay followed by gravimetric testing on each sample containing 3.0 g/t gold or more.

    About Angus Gold:
    Angus Gold Inc. is a Canadian mineral exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The Company’s flagship project is the Golden Sky Project in Wawa, Ontario. The Project is immediately adjacent to the Eagle River Mine of Wesdome Gold Mines Ltd. 

    On behalf of Angus Gold Inc.,

    Breanne Beh
    President and Chief Executive Officer

    INQUIRIES:
    Email: info@angusgold.com
    Phone: 647-259-1790
    Company Website: http://www.angusgold.com

    TSXV: GUS | USOTC: ANGVF

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

    Forward-Looking Statements

    This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: the ability to anticipate and counteract the effects of COVID-19 pandemic on the business of the Company, including without limitation the effects of COVID-19 on the capital markets, commodity prices supply chain disruptions, restrictions on labour and workplace attendance and local and international travel, failure to receive requisite approvals in respect of the transactions contemplated by the Agreement, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

    An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0c968e7d-83e1-4ac1-a1fd-b55a9cb7a16a

    The MIL Network –

    January 23, 2025

  • MIL-OSI Asia-Pac: Hospital Authority welcomes “The Chief Executive’s 2024 Policy Address”

    Source: Hong Kong Government special administrative region

         The Hospital Authority (HA) Chairman, Mr Henry Fan, welcomed the healthcare service-related measures included in “The Chief Executive’s 2024 Policy Address” delivered by the Chief Executive, Mr John Lee, today (October 16). It is believed that the measures will facilitate the HA in enhancing the quality of public healthcare services and sustainable development to improve support to patients.
     
         The HA will dovetail with the Government’s policies and development directions, and continue to enhance the capacity and quality of public healthcare services in order to cope with the demand. The HA will continue to enhance the triage system and referral arrangements of the Specialist Out-Patients Clinics (SOPC), so that patients with acute needs could receive services in a timely manner and patients with mild and stable conditions may also receive appropriate follow-up. The waiting time of the SOPC could be shortened by avoiding unnecessary referrals. The HA will also provide additional capacity for cataract surgeries to actively arrange surgeries for patients.
     
         Mr Fan said, “The HA welcomes the Government’s initiatives to promote community pharmacies. By strengthening the procurement of drugs and medical devices, the introduction of new drugs to the Drug Formulary will be expedited. The rationalisation and centralisation of procurement will also accelerate the cost-effectiveness standards and guarantee the optimised use of healthcare resources. The HA will also integrate paediatric services in order to make the best use of the Hong Kong Children’s Hospital to fu¬lfil its function as the Centre of Excellence in Paediatrics, thereby enhancing the quality of paediatric care in Hong Kong and providing a platform conducive to research development and professional training. The paediatric services will also be expanded, including an increase in the scope of newborn screening and treatment for neurosurgical diseases, to increase the quality of the services.
     
         Also, with the stringent support from the Government, the HA will continue to enhance healthcare services in public hospitals. In accordance with the national accreditation standard, the development of the second chest pain centre at Prince of Wales Hospital and the building of the first stroke centre will boost diagnostic efficiency, outcomes and patient survival rates, while the breastmilk bank to be set up at Hong Kong Children’s Hospital will provide breastmilk for preterm and critically ill infants.
     
         The HA is fully committed to driving forward a wide range of development projects under the First Hospital Development Plan. The HA is finalising the Second Hospital Development Plan to dovetail with the upcoming territorial development (including the Northern Metropolis and the latest developments in other New Development Areas), the Government population census, population distribution projection and the necessary land supply. The HA will continue to augment the service capacity of public hospitals as well as renewing its facilities in order to meet the service demand.
     
         Mr Fan expressed heartfelt appreciation for the Government’s support for the public healthcare services. The HA will strive to implement the initiatives for the benefit of patients.

    MIL OSI Asia Pacific News –

    January 23, 2025

  • MIL-OSI: Form 8.3 – MUSICMAGPIE PLC

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: VELAY FINANCIAL SERVICES LTD
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 Not applicable
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MUSICMAGPIE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: Not applicable
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 15/10/2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ordinary
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled:        
    (2)   Cash-settled derivatives: 1 650 000 1.53    
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 1 650 000 1.53    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
           

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    1p ordinary Swap Increasing long position 1 000 000 0.08758 GBP

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    None

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

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

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16/10/2024
    Contact name: Arnaud STEPHANN
    Telephone number*: 00 41 22 707 42 70

    Additional dealing in this security:

    DATE Buy/Sell QTY Price
           
           

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

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

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network –

    January 23, 2025

  • MIL-OSI Security: Hispanic Heritage Month: Capt. Guillermo Pimentel’s Story of Cultural Pride and Military Service

    Source: United States Navy (Medical)

    As we close out Hispanic Heritage Month across the country through food, family and culture, Naval Medical Research Command (NMRC) reflects on stories of the Hispanic Americans who have shaped our country through service and dedication.

    One such story comes from the director for NMRC’s Biological Defense Research Directorate (BDRD), Capt. Guillermo Pimentel.

    Pimentel, born in Manhattan and raised in Puerto Rico, began his career in the U.S. Navy Reserve as a hospital corpsman in 1988.

    “We lived in the Guánica, the poorest town in Puerto Rico. It is the friendliest town, and a beach-lovers paradise,” Pimentel recalled. “During my senior year of high school, I was approached by a Navy recruiter. I ‘failed’ the Armed Services Vocational Aptitude Battery by 2 points.”

    Nevertheless, that same recruiter went on to explain the benefits of joining the Navy.

    “It was very appealing, since I come from a low-income family, and I would be fully independent, so I joined the Navy at 17.”

    Following his time as a reservist in the Gulf War, Pimentel left the service to earn a bachelor’s degree in industrial microbiology and a master’s degree in biology from the University of Puerto Rico.

    Pimentel then braved the cold climate of Pullman, Washington to earn a doctoral degree in plant pathology from Washington State University (WSU), focusing on mycology and population genetics. Following his graduation from WSU, Pimentel, now a lieutenant, became head of the microbiology department at the U.S. Naval Medical Center in Portsmouth, Virginia.

    From 2003 to 2010, Pimentel served multiple leadership positions at the Naval Medical Research Unit (NAMRU) 3 (now NAMRU EURAFCENT), then located in Cairo. In these roles, he managed research projects with the mission of implementing and strengthening laboratory-based disease surveillance capabilities in the Middle East, Central Asia, former Soviet Union, North Africa and West Africa. Pimentel led research and surveillance efforts to understand the epidemiology of infectious diseases of public health importance in the EUCOM, CENTCOM and AFRICOM Areas of Responsibility. He went on to provide laboratory support during several H5N1 flu outbreaks in West Africa and Central Asia. During the 2009 H1N1 pandemic, Pimentel led the NAMRU-3 outbreak support to forces deployed in Afghanistan, Iraq and 20 partner nations.

    In August of 2015, Pimentel reported to the NAMRU-6 (now NAMRU SOUTH) in Lima, Peru as executive officer. In March 2017, he became commanding officer of the NAMRU.

    Before returning to NMRC as BDRD director, Pimentel served as the Chief of the Global Emerging Infections Surveillance Branch at the Defense Health Agency from 2019 to 2022, leading the DoD global infectious disease surveillance network in support of Force Health Protection for the Geographic Combatant Commands.

    Pimentel shared thoughts on these experiences in the Navy, and on growing up in Puerto Rico, as part of NMRC’s recognition of Hispanic Heritage Month.

    ‘We should absolutely recognize Hispanic Heritage Month,” Pimentel commented at a recent command gathering. “As humans, we tend to forget history and past contributions of our personnel pretty quickly. I see Hispanic Heritage Month program as a mechanism to reflect on the past and to learn from the history of an organization.

    “We all learn and experience differently across our lives. This it is what make us unique as individuals. When we bring all this unique and diverse knowledge to an organization, it makes us stronger.”

    Pimentel also spoke on the Hispanic leaders that inspire him.

    “I love to learn about past contributions of our military and civilian personnel to the mission,” Pimentel said. “A good example is how Dr. Martinez-Lopez, a Puerto Rican just like me, was a general for the Army, commander of the U.S. Army Medical Research and Development Command, and now is Assistant Secretary of Health Affairs.

    “As a Puerto Rican, it gives me lot of pride, and sometime hope, because less than 1% of all admirals and generals come from a truly Hispanic background. I love to listen from where they came, how they fought challenges, how they apply their experiences and their impact to the mission.”

    Throughout Hispanic Heritage month, NMRC aims to recognize the contributions of our sailors, scientists and civilian personnel with roots in countries and cultures with Spanish-speaking heritage.

    NMRC is engaged in a broad spectrum of activity from basic science in the laboratory to field studies in austere and remote areas of the world to investigations in operational environments. In support of the Navy, Marine Corps, and joint U.S. warfighters, researchers study infectious diseases, biological warfare detection and defense, combat casualty care, environmental health concerns, aerospace and undersea medicine, medical modeling, simulation, operational mission support, epidemiology and behavioral sciences.

    MIL Security OSI –

    January 23, 2025

  • MIL-OSI Security: Naval Hospital Bremerton sticklers for annual Flu Vaccine

    Source: United States Navy (Medical)

    Get stuck to not get sick.

    The influenza vaccination – required for all active duty military personnel, selected Reservists and healthcare workers – shot exercise for tenant commands will be held October 21-22, 2024, at NHB’s Health and Education Center (BHEC), 2850 Thresher Ave, Naval Base Kitsap Bangor, from 8 a.m. to 3 p.m.

    The annual influenza vaccination for all eligible family members of active duty and retirees will take place October 23-27, 2024, also at NHB’s BHEC, Wednesday-Friday, from 1 p.m. to 6 p.m., and Saturday and Sunday, from noon until 5 p.m.

    There has already been an increase of positive influenza cases of late.

    Dr. Dan Frederick, NHB Population Health Officer, emphasizes that immunization remains the primary method of reducing seasonal influenza illness and any potential associated complications. Being vaccinated against the viral threat not only helps protect vaccinated individuals but can assist in protecting family and co-workers by helping reduce the spread of the disease.

    “Getting the flu shot helps protect someone once the flu season starts in their community. The vaccination can reduce flu illnesses, doctors’ visits, and missed work and school due to the illness,” Frederick said.

    Frederick also emphasizes that just as it is important for military personnel who live and work in close quarters to receive the vaccine, it is also highly recommended for school-aged children.

    “Influenza is not the common cold. It can be a life-threatening disease that especially can put specific groups in jeopardy,” explained Frederick. “While certainly people with respiratory conditions, such as asthma and chronic obstructive pulmonary disease (COPD), are at increased risk, those over 65, young children, and pregnant women would be at the top of my list.”

    For those who opt to receive their influenza vaccination elsewhere, there are a number of outlets in the surrounding community that accept TRICARE. NHB requests for those who do get their flu shot out in town – especially active duty, selected reserve, and healthcare workers – to provide documentation of receipt to their medical staff, provider, or directly to NHB Immunizations Clinic to update their medical record.

    As a contagious respiratory illness, the flu has varying degrees of symptoms, ranging from no symptoms (asymptomatic) to severe symptoms which can develop from one to four days after infection and include such signs as:

    • Fever or feeling feverish/chills.
    • Cough
    • Shortness of breath or difficulty breathing
    • Fatigue (tiredness)
    • Sore throat
    • Runny or stuffy nose
    • Muscle pain or body aches
    • Headache
    • Some people may have vomiting and diarrhea, though more common in children.

    There are [also] a number of daily measures which anyone can implement to help protect themselves during cold and flu season.

    According to the CDC, along with getting vaccinated, there are a few healthy habits to protect against flu,” said Lt. Anurag Sharma, NHB Preventive Medicine department head and environmental health officer. “Personal hygiene by routinely washing hands thoroughly and appropriately. Avoid close contact. Stay home when sick. Cover your mouth and nose if ill and when coughing or sneezing and avoid touching your eyes, nose or mouth.”

    MIL Security OSI –

    January 23, 2025

  • MIL-OSI Russia: “Active Citizens” have chosen the best city open-air swimming pools

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The Active Citizen project has summed up voting results, in which Muscovites chose the best open-air swimming pools in the capital. Over 250 thousand people shared their opinions.

    All summer long, city residents could sunbathe and swim in the pools opened this year at 10 city and 12 festival sites of the Moscow Seasons. Voters chose up to five of their favorite recreation areas.

    According to the survey results, the best city venue was the open-air swimming pool in Sokolniki Park, where up to 130 guests could relax at a time, and lifeguards and doctors monitored safety. 18 percent of users voted for it. The second place was taken by the pool in Izmailovsky Park, which received 13 percent of the votes. It was rated by 63,498 city residents. In third place, with a minimal gap of 1,084 votes, was Beach No. 2 in the Serebryany Bor recreation area. 13 percent of “active citizens” (62,414 people) voted for it.

    The swimming pool in the Teply Stan district was recognized as the best at the Moscow Seasons venues. 49,743 people (11 percent) voted for it. A slightly smaller number of votes — 48,088 (11 percent) — were for the pool on Michurinsky Prospekt. Third place goes to the swimming pool in the Veshnyaki district, for which 41,246 users (nine percent) voted.

    All the areas were equipped with comfortable sun loungers and umbrellas, spacious changing rooms, showers and toilets. The water temperature was constantly maintained at around 30 degrees, and the pools were cleaned after each session. The areas were equipped with medical posts and rescue towers. Some were equipped with children’s pools and jacuzzis. The pools were open to visitors from morning until evening, and worked according to a schedule – in four shifts.

    The vote was prepared by the capital’s Department of Culture, Department of Trade and Services, Department of territorial executive authoritiesand the Active Citizen project.

    Its results can be found here on the website or in the Active Citizen mobile app.

    Project “Active Citizen” has been operating since 2014. During this time, over seven million people have joined it, taking part in more than 6.6 thousand votes. Every month, 30-40 decisions made by Muscovites are implemented in the city. The project is being developed by the capital Department of Information Technology and the State Institution “New Management Technologies”. The use of digital technologies and artificial intelligence to improve the quality of life of city residents corresponds to the objectives of the national program “Digital Economy of the Russian Federation” and the regional project of the capital “Digital Public Administration”. More information about this and other national projects implemented in Moscow can be found on a special page.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145278073/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Russia: The oldest electric depot “Severnoye” of the Moscow metro turned 90 years old

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The oldest electric depot “Severnoye” of the Moscow metro turned 90 years old. On October 15, 1934, a test metro train departed from it on its first trip. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    “90 years ago, a test train of type A cars left the Severnoye depot for the first time on the line. That day became the starting point for the depot’s work. Now, more than 850 professional employees work there, 153 of whom have been working there for over 20 years. They provide high-quality maintenance and operation of Rusich and Nomernoy trains. Yesterday, a unique event was held for the depot’s specialists, where reenactors recreated the atmosphere of that time and demonstrated the process of running in the first train. On behalf of Sergei Sobyanin, I congratulate the staff of the oldest metro depot on their professional holiday!” said Maxim Liksutov, Deputy Mayor of Moscow for Transport and Industry.

    Construction of the electric depot began in the spring of 1932, and by March 1934 its building and the connecting branch to Komsomolskaya station were ready to launch the first trains.

    On September 24, 1934, when the depot was still being completed, the first two Type A metro cars were delivered here from the factory. The metro train consisting of them set off on its maiden journey on the evening of October 15, 1934. It was driven by the outstanding transport engineer Mikhail Shpolyansky, who led a group of workers from the Dynamo factory preparing the first domestic metro cars for operation. In total, six journeys were made from Komsomolskaya to Sokolniki that evening.

    In January 1935, the experimental operation of the Komsomolskaya-Sokolniki section began. On February 4 of the same year, the first train traveled along the entire section, and from February 19, regular training traffic began. During the testing period, thousands of distinguished workers of enterprises received invitations to travel on the metro.

    After the opening of the Moscow Metro on May 15, 1935, the trains of the Severnoye electric depot fully serviced the line that stretched from Sokolniki station to Gorky Park Kultury (now Park Kultury) with a branch at Okhotny Ryad to Smolenskaya.

    Before the Great Patriotic War, several dozen female train drivers had already worked in the metro. Leaders began to emerge among them. Thus, in the spring of 1942, under the leadership of second-class train driver Ekaterina Mishina, who received the right to operate metro trains in 1937, the first female train was formed, which went out on the line on March 8, 1942. It also became the first train in the Moscow metro with a name — the “March 8 Train”.

    During the Great Patriotic War, it was from the Severnoye electric depot that the Moscow Metro armored train departed for the front along the railway line and took part in the battles on the Kursk Bulge, making a significant contribution to the outcome of the battle. The funds for its creation were raised by the metro employees.

    In 1959, the Kirovsko-Frunzenskaya Line (now Sokolnicheskaya) crossed the Moscow River and extended to the Universitet station. In 1963, Prospekt Vernadskogo and Yugo-Zapadnaya stations appeared on it. Simultaneously with the construction of new sections of the red line, the electric depot was also developing: in 1958, a lifting repair shop was put into operation, and in 1960, a second building for storing trains was erected. In the 1960s and 1970s, a group of innovative specialists introduced a number of highly effective developments for trains and repair production.

    In August 1990, the Kirovsko-Frunzenskaya line (renamed Sokolnicheskaya in November of that year) was extended from Preobrazhenskaya Ploshchad station to Ulitsa Podbelskogo station (now Bulvar Rokossovskogo). At the same time, the Cherkizovo electric depot was established on the line, for which Severny employees prepared equipment, carriages, and a staff of professional specialists.

    In the 21st century, the development of the red line continued, its southwestern part was extended: in 2014, the Troparevo station opened, in 2016 – Rumyantsevo and Salaryevo, and in 2019, a new section to Kommunarka (now Novomoskovskaya) opened with four stations at once.

    In 2020, the rolling stock of the Severnoye electric depot was partially replaced with Nomernoy trains by Rusichi, and the Cherkizovo depot was fully equipped with modern Moskva trains. In September 2024, the Potapovo station was opened in the south of the Sokolnicheskaya line.

    The history of the capital’s metro began with it. How the Sokolnicheskaya line was designed and builtThe Potapovo station of the Sokolnicheskaya metro line was built in less than three years

    Over the past 90 years, the Sokolnicheskaya line, which is served by the Severnoye depot, has changed dramatically. Today, its length is more than 40 kilometers, and the fleet of the first depot in the history of the metro has 39 trains of two types – 81-717/714 (“Numbered”) and 81-740/741 (“Rusich”). In addition, the depot operates two theme trains that are loved by many passengers: the Sokolniki retro train, stylized as the first train of the Moscow metro, and the Red Arrow. The monthly mileage of the depot’s cars is more than 4.5 million kilometers.

    The team of the Severnoye electric depot preserves and multiplies the traditions of its predecessors, develops the depot and receives recognition on a metro scale. In 2019, Severnoye won first place in the metro as the best electric depot in organizing work to improve working conditions and labor safety. It is famous for its special family atmosphere. Today, five labor dynasties work here, and over the past five years, 10 families have formed.

    You can join the Moscow transport team and find out more about vacancies on the website Moscow Metro, by phone: 7 800 220-22-02, 7 495 622-22-22, in recruitment centers at the Delovoy Tsentr and Cherkizovskaya metro stations, as well as at the corporate university of Moscow transport.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145284073/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Russia: The audio guide to the Moskino cinema park was voiced by actor Sergei Burunov

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The audio guide in the Moskino cinema park was voiced by actor Sergei Burunov. It is his voice that speaks for the heroes of many foreign films, played by Leonardo DiCaprio, Johnny Depp and Brad Pitt.

    “The Moskino Cinema Park amazes with its scale, it’s great to become part of such a grand project. The magic of cinema has always attracted thousands of people, but it must be admitted that this is a rather isolated world. I like the idea of lifting the veil of secrecy and showing everyone what is on the other side of the camera,” noted Sergey Burunov.

    Muscovites and guests of the capital will be able to use an audio guide and learn about unique natural sites that recreate different cities and historical eras. Participants of the “Film Walk” project, voiced by Sergei Burunov, will visit the sites “County Town”, “Pitersky Bar”, “Cowboy Town”, “Streets of Berlin”, “Moscow of the 40s”, “Cathedral Square”. Each of them can be visited depending on the filming schedule. Guests will learn about the secrets of creating scenery, the intricacies of film production in the Moskino cinema park and projects that have already been implemented here.

    The excursions will be held all year round according to the schedule. The duration of each is one hour and 30 minutes, the meeting place is the educational center. The walk will be interesting for children over 10 years old and adults. The service is paid, its price includes entrance to the cinema park. Detailed information can be found on the film park website.

     

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145272073/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Russia: Moscow manufacturers have almost doubled their production volumes of high-tech products

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Today, there are about 370 enterprises in Moscow engaged in the production of computers, optics and electronics. Thanks to the active support of the city, they develop and bring innovative products to market, and also increase the range and volume of production. In just eight months of the year, companies have almost doubled the production of high-tech products compared to the same period in 2023. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    “From January to August 2024, the capital saw a 96 percent increase in the production of computers, electronic and optical products. Shipments to customers increased by almost 40 percent and exceeded 386 billion rubles. Such results were achieved thanks to the support that the city provides to industrialists on behalf of Sergei Sobyanin. Today, companies have access to over 20 systemic tools, in particular, they can localize production in the territory of the special economic zone “Technopolis Moscow”, as well as obtain the status of a resident of the SEZ, attract a preferential investment loan or rent land for one ruble to implement a large-scale investment project,” said Maxim Liksutov.

    For example, last year thanks to Moscow Fund for Support of Industry and Entrepreneurship The capital’s optical equipment manufacturer was able to attract almost three billion rubles under the preferential investment lending program. The enterprise has the status of a resident of the special economic zone “Technopolis Moscow”. The funds received were used to purchase new equipment for the production of high-speed optical transceivers and create a test bench. The term of financial support is three years.

    “In the first eight months of 2024, Moscow saw an increase in the production of printed circuit boards, electronic computers, electricity production or consumption meters, semiconductor devices and much more. The products manufactured by the capital’s factories meet high quality standards and are in demand on the domestic and international markets. Thus, during the specified period, industrialists supplied customers with computers and peripheral equipment for more than 121 billion rubles, control and measuring and navigation devices for 117 billion rubles, and the volume of communications equipment shipped amounted to almost 68 billion rubles,” added the Minister of the Moscow Government, Head of the Moscow Department of Investment and Industrial Policy.

    Anatoly Garbuzov.

    In addition, manufacturers who want to enter foreign markets can benefit from the support of the Mosprom center. It offers information and methodological assistance, including verification of counterparties and participation in business missions and international exhibitions. Since 2022, with the support of the center, Moscow companies have found new partners in the markets of Latin America, Africa, the Middle East, Southeast Asia and other CIS countries.

    Moscow is the largest industrial and scientific-engineering center of Russia. There are more than 4.5 thousand industrial enterprises in the capital, employing over 750 thousand people. Every year, 150 new technology companies open here and dozens of investment projects are implemented, providing the city with additional jobs.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145280073/

    MIL OSI Russia News –

    January 23, 2025
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