Category: KB

  • MIL-OSI USA: News Release – Nine Inmates Earn Certificates, Degree Graduation Ceremony Honors First Inmate to Earn AA While in Custody

    Source: US State of Hawaii

    News Release – Nine Inmates Earn Certificates, Degree Graduation Ceremony Honors First Inmate to Earn AA While in Custody

    Posted on Oct 3, 2024 in Latest Department News, Newsroom

    DEPARTMENT OF CORRECTIONS AND REHABILITATION

    KA ‘OIHANA HOʻOMALU KALAIMA A HOʻOPONOPONO OLA

     

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

     

    TOMMY JOHNSON

    DIRECTOR

    KA LUNA HO‘OKELE

     

    FOR IMMEDIATE RELEASE

    October 3, 2024

    Nine Inmates Earn Certificates, Degree Graduation Ceremony Honors First Inmate to Earn AA While in Custody

    HONOLULU — The Women’s Community Correctional Center (WCCC) in partnership with Windward Community College (WCC) hosted a graduation ceremony Wednesday, Oct. 2, 2024, for nine women who earned a Certificate of Competence in WCC’s Mental Health Technician Program.

    One of the nine women also earned her Associate of Arts degree in Liberal Arts, the first woman at the correctional facility to receive an AA degree while in custody.

    Honored guests attending the ceremony in the WCCC Maunawili Cottage courtyard included: Department of Corrections and Rehabilitation (DCR) Director Tommy Johnson; Dr. Michael K. Champion, senior advisor for Mental Health and the Justice System, Office of the Governor; State Rep. Lisa Marten (D – Waimānalo, Keolu Hills, Lanikai, portion of Kailua) State Rep. Linda Ichiyama, member of the House Committee on Corrections, Military and Veterans; Honolulu Councilmember Esther Kia‘aina who represents District 3 (Windward O‘ahu); and WCC Chancellor Ardis Eschenberg.

    During the event, Director Johnson addressed the graduates and said, “We all make mistakes in life but the content of our character is better defined by what we do after that. To move forward, to put those things behind us. To show people we’re not that person that they think we are, that we can change.”

    “We’re so proud of you. No matter what, never give up,” he added. 

    “This should be the beginning of your educational journey, not the end, and likewise, your achievements represent the start of opening doors to new and exciting paths forward to change the trajectory of your lives and those of your loved ones that supported you through your period of incarceration and positive changes forward,” Director Johnson said.

    Inmates’ Sarah Liaszenik,Tamila Alcoran, Mickie Kolo, Necia Hao, Ashley Nihipali, Juanita Grammer, Randikeli Banagan, Charisse Lawelawe and Ewalani Cluney earned a Certificate of Competence in the Mental Health Technician Program. Seven of the nine inmates attended Wednesday’s graduation ceremony.

    Individuals in the program earned nine college credits that encompass two required courses: Survey of Psychology and Conflict Resolution and Mediation and one elective psychology course. 

    In addition to earning a Certificate of Competence in the Mental Health Technician Program, Kolo, 52, received her Associate of Arts degree in Liberal Arts, the first woman to receive her AA degree awhile in custody at WCCC.

    “It was hard work and a long journey for me. It took a lot of discipline and a lot of focus and a lot of perseverance,” Kolo said after the ceremony. Earning an AA degree and certificate helped Kolo gain a positive outlook where she aims to continue her education and work as a case manager when she reenters the community.

    The nine graduates are participants of the WCC Pu‘uhonua Program which provides incarcerated individuals the opportunity to earn college credits through coursework and classes taught by WCC staff.

    WCCC Warden Ione “Noni” Guillonta said, “I’m very proud of them, all nine of them.” The AA and Mental Health Technician programs, Guillonta added, are examples of the efforts by WCC, WCCC and DCR’s Corrections Program Services – Education Services’ staff to better prepare inmates to transition back into the community when released from custody.

    WCC Chancellor Ardis Eschenberg said she is thankful for the partnership with DCR to help change the lives of female inmates. At the ceremony, Eschenberg addressed graduates: “Your palapala (degree) is your gateway to your next dream. It is a testament to your knowledge, your skills, your abilities and hard work. I wish each of you big dreams.”

    For graduation photos and videos, please go to: https://drive.google.com/drive/folders/1vxuBB1qfr_zupq0kWTaZ4_l8JpUqL96L.

    # # #

    Media Contact:

    Rosemarie Bernardo

    Public Information Officer

    Hawai‘i Department of Corrections and Rehabilitation

    Office: 808-587-1358

    Cell: 808-683-5507

    Email: [email protected]

    Website: https://dcr.hawaii.gov

    MIL OSI USA News

  • MIL-OSI United Kingdom: Two Board Members reappointed to The National Lottery Community Fund board

    Source: United Kingdom – Executive Government & Departments

    The Secretary of State has reappointed John Mothersole as the England Committee Chair and Kate Still as the Scotland Committee Chair for a second term of two years commencing on 14 May 2024.

    John Mothersole

    John Mothersole has held senior local government posts in UK cities including London, most recently as Chief Executive of Sheffield City Council. Since standing down from that post in December 2019 after 11 years, John has taken on a series of non-executive roles which now include Chair of The Sheffield College, trustee of a community care charity and advisory roles with companies involved in regeneration and environment. He was also an assessor for the Grenfell Tower Public Inquiry, a role that concluded with the publication of the final report in September 2024. Prior to being selected as Chair of the National Lottery Community Fund England Committee John was a member of that committee.

    John has been heavily involved in the policy agenda for UK cities through the Core Cities network, the Northern Powerhouse initiative and with Government in securing city and city region devolution deals and participating in trade missions.His early career was in the arts, primarily in London and the North-East, and he sees a highlight of that part of his career being the reopening of the Roundhouse in London which enabled its subsequent redevelopment.

    Kate Still

    Kate is currently conducting the Independent Review of Community Learning and

    Development across Scotland on behalf of the Scottish Government. She was a Board

    member of ERSA for many years, Chair of Employment Support Scotland and a Fellow of

    the Institute of Employability. Kate started her career as a teacher after completing an MA

    (Hons) in Politics at Glasgow University.

    She has over 25 years of relevant experience in delivery of education, apprenticeships, skills, employability and community enterprise and regeneration programmes across multiple sectors, including 15+ years in the Charity sector. Kate has a passionate desire to make a difference coupled with the drive to achieve impact on issues of poverty, equality and diversity and social justice. Kate has held strategic leadership roles at EU and UK levels including Management of EU aid programmes to Central and Eastern Europe. A former Board Member of Strathclyde European Partnership, she completed her MPhil in European Policy research at Strathclyde University in 2011.Kate has held Director roles previously with the Prince’s Trust, Rathbone and Wise Group.

    Remuneration and Governance Code

    These positions are remunerated at £24,000 per annum. These appointments have been made in accordance with the Cabinet Office’s Governance Code on Public Appointments. The appointments process is regulated by the Commissioner for Public Appointments. Under the Code, any significant political activity undertaken by an appointee in the last five years must be declared. This is defined as including holding office, public speaking, making a recordable donation, or candidature for election. John Mothersole and Kate Still have not declared any significant political activity.

    Updates to this page

    Published 4 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Africa: Citizens urged to take part in International Fire Safety and Prevention Week

    Source: South Africa News Agency

    The National Disaster Management Centre (NDMC) has called on all South Africans to participate in this year’s International Fire Safety and Prevention Week, which will be observed from 6 to 12 October 2024.

    This global event aims to raise awareness of fire prevention and safety practices, encouraging individuals, communities and businesses to take proactive steps to reduce the risk of fires and protect lives.

    According to the organisation, South Africans can pledge their support by learning more about fire safety, practising safe fire prevention measures at home and in the workplace, and backing local fire services. 

    During the International Fire Safety and Prevention Week, fire services across the country will host a variety of awareness campaigns and community outreach activities to educate the public about fire safety. 

    “These efforts will include school visits, fire drills, safety demonstrations, and information sessions designed to help communities better understand how they can prevent fires and respond effectively in an emergency,” the NDMC said.

    Meanwhile, the NDMC has also taken the time to recognise the heroic work done by the brave men and women of fire services across the country, both public and designated services, who are at the forefront of fire prevention and emergency response. 

    “Their dedication to protecting lives and property, often in dangerous and challenging conditions, deserves the highest praise.” 

    The organisation has been working closely with all provinces and local municipalities to strengthen fire safety and prevention measures across the country.

    Since 2016, according to NDMC statistics, more than 118 municipalities have been assessed, with more than 500 fire safety practitioners trained in fire risk assessment and safety strategies through partnership with the Fire Protection Association of South Africa (FPASA).

    “In line with the Fire Services White Paper, fire services are encouraged to pursue the implementation of an integrated fire risk management strategy, as it is critical that collectively we, as a nation, focus on fire prevention and preparedness together,” the statement read. 

    Fire is preventable, and the NDMC urges everyone to take simple steps, such as:

    • Educating communities to build their informal dwellings with a minimum gap of three meters between them to reduce the risk of fire spreading quickly.
    • Ensuring that the spaces between these buildings are kept clear of debris and always maintain open and accessible roads leading to the homes, so that emergency vehicles can reach them without delay.
    • Ensuring that homes are equipped with smoke detectors and fire extinguishers.
    • Creating and practising fire escape plans.
    • Being mindful of potential fire hazards, such as unattended cooking or faulty electrical wiring.
    • Educating children, family members, and the frail and elderly about fire safety measures. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI: Calfrac Well Services Ltd. to Announce 2024 Third Quarter Earnings Release and Hold a Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 04, 2024 (GLOBE NEWSWIRE) — Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2024 third quarter results before the market opens on Wednesday November 6, 2024, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day.

    Financial Statements and Management’s Discussion and Analysis will be posted onto Calfrac’s website and on SEDAR+ after the press release has been disseminated.

    A webcast of the conference call can be accessed through the link below:

    https://edge.media-server.com/mmc/p/u6rkjvae

    A replay of the conference call will also be available on Calfrac’s website for at least 90 days.

    To participate in the Q&A session, you may dial-in (toll free) 1-833-630-1956 (or at 1-412-317-1837 for international participants) fifteen (15) minutes prior to the start of the call and ask for the Calfrac Well Services Ltd. 2024 Third Quarter Earnings Release Conference Call to register.

    About Calfrac:

    Calfrac’s common shares are publicly traded on the Toronto Stock Exchange under the trading symbol “CFW”.

    Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells with continuing operations focused throughout North America and Argentina. The Company executes on its brand promise of “Do It Safely, Do It Right, Do It Profitably” to generate long-term, sustainable returns for its shareholders.

    Further information regarding Calfrac Well Services Ltd., including the most recently filed Annual Information Form, can be accessed on Calfrac’s website at http://www.calfrac.com or under the Company’s public filings found at http://www.sedarplus.ca.

    For further information on this conference call, please contact:

    Michael Olinek
    Chief Financial Officer
    (403) 234-6673

    Suite 500, 407 – 8 Avenue S.W.
    Calgary, Alberta, Canada T2P 1E5
    Website: http://www.calfrac.com

    The MIL Network

  • MIL-OSI United Kingdom: Immingham Eastern Ro-Ro Terminal development consent decision announced

    Source: United Kingdom – Executive Government & Departments

    The Immingham Eastern Ro-Ro Terminal application has today been granted development consent by the Secretary of State for Transport.

    The application comprises a new roll-on/roll-off facility comprising a new jetty with three berths, improved hardstanding, Terminal buildings and an internal side bridge to cross over existing port infrastructure. 

    The application was submitted to the Planning Inspectorate for consideration by Associated British Ports on 10 February 2023 and accepted for Examination on 06 March 2023. 

    Following an Examination during which the public, Statutory Consultees and Interested Parties were given the opportunity to give evidence to the Examining Authority, recommendations were made to the Secretary of State on 25 April 2024.  

    This is the 53rd transport application out of 144 applications examined to date and was again completed by the Planning Inspectorate within the statutory timescale laid down in the Planning Act 2008.  

    Local communities continue to be given the opportunity of being involved in the examination of projects that may affect them. Local people, the local authority and other Interested Parties were able to participate in this six-month Examination.  

    The Examining Authority listened and gave full consideration to all local views and the evidence gathered during the Examination before making its recommendation to the Secretary of State. 

    The decision, the recommendation made by the Examining Authority to the Secretary of State for Transport and the evidence considered by the Examining Authority in reaching its recommendation are publicly available on the project pages of the National Infrastructure Planning website. 

    Journalists wanting further information should contact the Planning Inspectorate Press Office, on 0303 444 5004 or 0303 444 5005 or email:  

    Press.office@planninginspectorate.gov.uk

    Updates to this page

    Published 4 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Inside the Oasis Restore secure school

    Source: United Kingdom – Executive Government & Departments

    YJB Chief Executive, Steph Roberts-Bibby reflects on her visit to the UK’s first secure school and its unique focus on education, healthcare and wellbeing.

    The secure school’s education centre.

    Back in May, I joined Minister Argar and the Youth Custody Service to visit the UK’s first secure school and explore its revolutionary approach to youth justice. As we toured the site, what stood out to me was an unmistakeable feeling of care.   

    The Oasis Restore secure school has now opened its doors and has started to welcome its first children.  

    What does the secure school offer?  

    The school, which was a former secure training centre, felt worlds away from my experiences as a prison officer at Feltham young offender’s institution (YOI) in 1997 and other adult prisons throughout my career, with more similarities to university accommodation than custody. The environment felt compassionate and child-orientated, nurturing children to change, grow and learn.  

    Security was built into the infrastructure without feeling oppressive, but still appropriately secure – there were no bars on the windows, no keys or locks, only wristband-operated fobs. It was these subtle differences that made me leave Oasis Restore feeling hopeful. 

    The bedrooms were calming and quiet with private ensuite bathrooms and built-in computer screens for doing homework and watching TV. The attention to detail throughout was evident. There was artwork on the walls, and soft blankets and sofas in the shared living spaces. These are incredibly important to help children learn to cohabit and foster a sense of community and responsibility. 

    Oasis Restore provides family rooms with kitchens so that children can cook and eat with their families when they visit. Our guide Dr Sadie pointed out that this can be very culturally important when living away from home, not least for successful rehabilitation but also for rebuilding existing family relationships. Siblings often visit with families, and evidence shows that intergenerational and sibling offending is common, so having a space promoting learning, togetherness and care is key to prevent further offending among families. 

    A shared living area in one of the flats at the secure school.

    The site boasts brand-new state-of-the-art facilities, including 3D printers in the design technology classroom, a hair and beauty salon and even music recording booths. While other sites do provide similar facilities, never had I seen them at this standard before. These facilities provide a wide range of educational opportunities, including core academic subjects and vocational training in areas like barbering, drama and catering, that children might otherwise have never been exposed to.  

    Therapeutic sensory rooms are also woven throughout the site. These supportive spaces have soft beanbags and padded walls to support children to regulate their emotions during the day and take time out when needed. 

    Looking to the future 

    As the tour was finishing, I stopped to speak to a restorative practitioner who was showing some of the creative activities on offer for children. She explained that she would be supporting children through every part of their day at Oasis Restore, be that walking with them to the education centre in the morning, or just being there to chat.  

    When I asked her what part of the new school she was most looking forward to, she said, “I’m just excited for the children to come now.” It’s clear that what makes this approach to youth custody different isn’t just the holistic model or the modern facilities; it’s the people.  

    Strong relationships between staff and children are at the heart of the Oasis model, to truly understand a child’s journey. Oasis Restore’s team are highly trained and committed to providing responsive, psychologically informed and developmentally appropriate models of support and education for children in their care. Relational practice is also crucial, with staff committed to loving children like their own, and this shone through from the practitioners I spoke with at the school.  

    The Oasis secure school is a prime example of how custody for children can and should be done: care-focused, needs-led and with children at the heart. This model inspires hope for the future about how we can best support children to go on to live crime-free lives and make our communities safer places with fewer victims. 

    What is a ‘secure school’?  

    The first-of-its-kind secure school in Rochester houses children who are on remand or sentenced to custody. But what exactly is a secure school? 

    Oasis Restore places education and healthcare at the heart of its approach to support children and steer them away from reoffending. This unique model was recommended by Charlie Taylor, the HM Chief Inspector of Prisons, who has long advocated for a different approach to children in custody. In 2016, prior to becoming Chair of the Youth Justice Board from 2017-2020, he conducted an independent review of the youth justice system 

    The Oasis Restore philosophy 

    At the Youth Justice Board, we have long advocated for a rethink of how children are cared for in custody. This is because our evidence tells us that to be effective, secure settings must be small and replicate a safe family home environment with a sense of community and trust. They should also have excellent healthcare and education provisions. 

    The Oasis Restore model mirrors this, and I was pleased to see that these values shine through when visiting the school. Oasis Restore is guided by the understanding that children are different from adults. Its philosophy ensures that each child’s voice is heard and valued, and opportunities are created for them to contribute within a school community.  

    In the words of the school: “Oasis Restore is a secure school enabling young people to live their best lives, through education, wellbeing, and hope.” 

    The secure school gives children the opportunity to make positive choices about their futures upon release from custody. By equipping them with essential skills and education, the school not only benefits children but hopes to reduce crime rates and make our communities safer places to live with fewer victims.  

    Who is the Oasis Restore secure school for? 

    Although the number of children in custody is the lowest on record since records began (an average of 440 children were in custody between 2022-23), we know that the children who remain in the secure estate are vulnerable and often have complex needs.  

    2021 Census data showed that more than three-quarters (79.8%) of people who went on to receive a custodial sentence had been identified with special educational needs (SEN) at some point during their schooling 

    Lower education levels are also likely. The same dataset also found that young adults who receive custodial sentences have lower levels of educational attainment, with only 37% achieving the expected level of English and maths by the end of key stage 2 compared with 53% of peers with non-custodial sentences.  

    In a 2022 joint inspection of education, training and employment services from HM Inspectorate of Probation, almost 65% of children had been excluded from school from at some point 

    Justice-involved children have also experienced higher levels of trauma throughout childhood and themselves are victims. This makes it crucial for the school to be care-focused, needs-led, and Child First. In one study of 80 children, over 75% had experienced family violence or child abuse  

    The secure school will care for children aged between 12-18-years-old who are on remand or sentenced to custody. It will be home to up to 49 children at any one time, both girls and boys. Every child will be enrolled in formal education or training and encouraged into further study or employment on release. This innovative new model of care will promote rehabilitation and contribute to positive outcomes for children, leading to fewer victims and safer communities. 

    The Discovery-i education centre at the secure school.

    What makes Oasis Restore different? 

    The Oasis Restore secure school is unique in its approach and Steve Chalke, founder of Oasis Charitable Trust, said to visitors at the opening event: “From the day children arrive, the focus is on preparing them for the day they leave.”  

    The school has been co-designed with children working with youth justice services and will be registered as both an academy and a secure children’s home. It will be inspected by Ofsted and held to the same standards as other schools across England.  

    While the current secure estate is not fit for purpose, the secure school offers a Child First redesign. It’s an innovative, holistic approach to custody for children within a secure setting. This is what distinguishes the secure school from existing youth custody provisions and sends a message to children that they are valued; something many may not have experienced growing up.  

    I spoke to a colleague from NHS England during the visit, a key partner in the development of the school, and heard about just some of the wellbeing services on offer, including advice on dieting, smoking, body image, as well as wider mental health and physical health support.  

    Education at the school is based on the reflective practice model, with a therapeutic approach to learning. It is recognised that many of the children who will live at the secure school are likely to be disengaged from education and so staff are specially trained to focus on one-to-one support and children’s individual needs, which their curriculum will be tailored around.  

    A place of hope 

    The secure school is a place where children can feel safe and be supported by well-trained staff who are committed to developing positive purpose. We at the YJB support and advocate this approach in line with the evidence base. I echo the words of Ed Cornmell, Executive Director of the Youth Custody Service, when he says the school represents a “revolutionary change for the youth justice system.” 

    Updates to this page

    Published 4 October 2024

    MIL OSI United Kingdom

  • MIL-OSI NGOs: Lebanon struggles to cope as over a million people flee Israel’s military invasion- Oxfam

    Source: Oxfam –

    The Lebanese authorities, communities and humanitarian agencies are struggling to shelter and provide the necessities of life to over one million people fleeing Israel’s airstrikes and invasion to the south, Oxfam said today. 

    Oxfam is working with local partners in Lebanon and alongside other aid agencies as part of the government’s humanitarian response plan following Israel’s invasion of Southern Lebanon and aerial bombardment. 

    Oxfam assessments in shelters across Lebanon have found people most need mattresses, bedding, and cooking and sanitation items. Women also need sanitary pads, towels, and underwear. Oxfam and partners have started distributing some of this aid as well as water.

    “People are coming to us traumatized. Most of them have lost their houses and relatives. Some of them are scared because of the scale of bombardment as they were fleeing.”

    Gheith Bittar, Executive Director of SHIFT

    Oxfam partner SHIFT – Social Innovation Hub

    Gheith Bittar, Executive Director for Oxfam partner SHIFT – Social Innovation Hub, said more displaced people are arriving by the day and he fears shelters may buckle under the strain.  

    “The shelters are not ready to host the number of displaced people we are taking on and 629 are already full. They are public schools that are not equipped to be shelters and we are facing problems. For example, we don’t have hot water for showers. We will get to a point where we won’t be able to cope. Without funds, we cannot sustain our support to the shelters. The ground invasion will only increase the number of refugees, and we have already seen an increase in the number of displaced people on a daily basis with the continuous bombardment. The situation will only get worse as winter approaches. 

    “People are coming to us traumatized. Most of them have lost their houses and relatives. Some of them were scared because of the scale of bombardment as they were fleeing, and many others because of their fear of the unknown coming to a new city. People are suffering, they have many, many, issues to think about,” 

    Oxfam says without a ceasefire, the greenlight by Israel to a ground invasion in southern Lebanon will likely lead to a further escalation of the conflict and fighting, that will cause even more destruction of communities and inflame an already volatile region. 

    “The ground invasion and bombardment that includes Beirut and the southern suburbs will create a serious challenge for the humanitarian system in a few short days. People are being forced to flee with little to no notice, and often having to leave everything behind to shelters that are inadequate or sharing crowded homes with few essential supplies. None know when they can return. Without a ceasefire, the number of people desperately in need will only grow, as will their needs. The shelter system is set to collapse if there is no peace on the horizon,” said Oxfam’s Lebanon Country Director, Bachir Ayoub. 

    Oxfam is appealing for donations globally. “The needs of people in Lebanon who’ve been injured, traumatized and displaced, in fear of what the future might hold for them, are already huge. No other solution other than a ceasefire can alleviate the crisis they are facing,” Ayoub said. 

    There must be an end to this violence. All parties must stop fighting. We need safe space to get people the aid they need,” he said.  

    MIL OSI NGO

  • MIL-OSI United Kingdom: UN Human Rights Council 57: UK statement for Item 9 General Debate

    Source: United Kingdom – Executive Government & Departments

    UK Statement for Item 9 General Debate on racism, racial discrimination, xenophobia, and related forms of intolerance. Delivered by the UK’s Human Rights Ambassador, Eleanor Sanders.

    Thank you Mr Vice President,

    The UK condemns all forms of racism, racial discrimination and xenophobia and related forms of intolerance. We remain steadfast in our commitment to combatting it, at home and abroad.

    We celebrate Black History Month this October in the UK. That is a moment to reflect on the impact of black heritage and culture on our country and our place in the world. It’s a chance to celebrate the enormous contribution of black Britons in all walks of life. It is also a chance for us to acknowledge some of our country’s most painful history.

    As in all societies, challenges persist. Ongoing efforts to address racial and ethnic inequalities are essential to ensure better outcomes for all communities.

    The UK stands firmly against the scourge of racism and is committed to taking further meaningful action domestically and internationally to shape a better society for all. This includes bringing forward new legislation to tackle persistent racial inequalities. We are dedicated to fostering a society where everyone, regardless of race, ethnicity or background, can thrive and live a life free from discrimination and intolerance.

    Updates to this page

    Published 4 October 2024

    MIL OSI United Kingdom

  • MIL-OSI: Lightbend and Scalac Partner to Enable Enterprises to Leverage the Power of Akka

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Oct. 04, 2024 (GLOBE NEWSWIRE) — Lightbend, inventors of Akka, today announced a partnership with Scalac, a global consultancy for developer teams focusing on Scala and Akka. Lightbend’s cutting-edge solutions for building low-latency, fault-tolerant systems combined with Scalac’s expertise in Akka and Scala give enterprise developer teams a powerful joint solution to enable them to create resilient, high-performance applications.

    “Our collaboration with Scalac gives our customers an experienced partner they can turn to for help in getting their applications from design to development to production quickly,” said Jonas Bonér, inventor of Akka and Lightbend’s co-founder and CTO. “Our joint customers are driven to innovate faster and improve the user experience while reducing cost. For Scala projects, Akka and Scalac are a powerful combination to achieve those goals.”

    Akka provides an architecture and DevEx that eliminates the high latency, large footprint, and complexity barriers current cloud applications create for organizations wanting to build highly elastic and resilient multi-cloud applications. Akka enables organizations to streamline their infrastructure and operational burden, reducing infrastructure costs by as much as 85% while simultaneously boosting application resilience.

    “Akka serves as a powerful platform for building concurrent, distributed, and fault-tolerant applications,” said Lukas Kuczera, Scalac’s CEO. “We’ve had great success with Akka in customer environments, and we’re thrilled to partner more closely with Lightbend to help our customers innovate faster and reduce the cost of delivering great user experiences.”

    About Lightbend
    Lightbend (@Lightbend) is used by many of the world’s largest brands as the foundation for their multi-cloud, mission-critical applications. Through Akka, the industry’s most powerful distributed application platform, Lightbend provides scalable, high-performance microservices frameworks and streaming engines for building data-centric systems optimized to run on cloud native infrastructure. For more information, visit http://www.lightbend.com.

    About Scalac
    Scala and Akka experts. Scalac has over ten years of experience in accelerating project development, team extension, and team scaling. Whether you’re looking to scale your development team, extend its capabilities, or build a whole project from scratch, we offer flexible solutions that integrate seamlessly with your existing setup. We provide in-depth technical audits to assess your system’s performance, consultations to guide your strategy, and full end-to-end development support. From design to production, Scalac ensures your project’s success.

    Editorial Contact
    Kimberly Falk
    VP of Marketing, Lightbend
    +1 415 515 0686
    kimberly.falk@lightbend.com 

    Nichols Communications for Lightbend
    Jay Nichols
    +1 408 772 1551
    jay@nicholscomm.com 

    The MIL Network

  • MIL-OSI: Brazil Cancer Drug Clinical Trials Brazil Clinical Trial Registry ANVISA Brazil Guidelines

    Source: GlobeNewswire (MIL-OSI)

    Delhi, Oct. 04, 2024 (GLOBE NEWSWIRE) — Brazil Cancer Drugs Clinical Trials Insight 2024 Report Offering:

    • Brazil Clinical Trials Market Opportunity 2024 and 2030 (In US$ Million)
    • Clinical Trials Regulatory Framework In Brazil
    • Total Number of Cancer Drugs In Clinical Trials In Brazil
    • Total Number Of Cancer Drugs Approved In Brazil
    • 400 Pages Clinical Trials Insight On All Cancer Drugs In Clinical Trials By Company, Indication and Phase
    • 80 Pages Clinical Insight On All Cancer Drugs Approved in Market By Company and Indication
    • Insight On 25 Pharmaceutical Companies & CRO In Brazil

    Download Report:  https://www.kuickresearch.com/report-clinical-trials-brazil-cancer-drug-research-brazil-cancer-drug-research-brazil-oncology-drug-development-brazil

    Brazil’s cancer drug clinical trial landscape has been evolving rapidly in recent years, positioning the country as an increasingly important player in global oncology research. As the largest country in Latin America, with a population of over 215 million and a diverse genetic makeup, Brazil offers unique opportunities for conducting clinical trials for conducting clinical trials in oncology. The Brazilian clinical trial environment is characterized by a mix of private and public health systems, providing researchers with access to a wide range of patient population. This diversity is particularly valuable in cancer research, where genetic and environmental factors can significantly influence treatment outcomes. Major urban cities like Rio de Janeiro, São Paulo and Porto Alegre have become hubs for clinical research, housing state-of-the-art medical facilities and research institutions.

    One of the key drivers of Brazil’s growing prominence in cancer drug trials is the country’s high cancer burden. According to estimates, Brazil recorded around 630,000 new cancer cases in 2022, which is estimated to cross 750,000 by 2030. This high incidence rate, coupled with the need for innovative treatments, has created a song impetus for conducting oncology trials in the country. Breast, prostate, colorectal and lung cancers are among the most common types, aligning with global trends and research priorities.

    The regulatory landscape for clinical trials in Brazil has seen significant improvements in recent years. The Agência Nacional de Vigilância Sanitária (ANVISA) has streamlined i8ts approval processes, reducing timelines for trial initiation. The creation of the Rede Nacional de Pesquisa Clínica (RNPC) has also facilitated the convict of multicenter trials across the country. These regulatory advancements have made Brazil more attractive to international pharmaceutical companies and research organizations looking to conduct global trials.

    Brazil’s participation in international collaborative research networks has further enhanced its position in cancer drug trials. The country is increasingly involved in global phase III trials, allowing Brazilian patients access to cutting-edge experimental therapies this involvement not only contributes to global drug development but also helps build local expertise and infrastructure for conducting complex oncology trials.

    The Brazilian government has also played a role in fostering cancer research through initiatives like the National Policy for Cancer Care (PNAO). This policy aims to improve cancer care across the country and includes provisions for supporting clinical research. Additionally, public-private partnerships have emerged as a key strategy for advancing cancer drug development in Brazil, combining government resources with private sector expertise and funding.

    However, challenges remain in Brazil’s clinical trial landscape. Disparities in healthcare access and quality between urban and rural areas can affect patient recruitment and trial conduct. Language barriers and the need for translation of trial materials can also add complexity to international studies. Moreover, navigating the Brazilian regulatory system, despite improvements, can still be complex for foreign sponsors unfamiliar with local processes.

    Another significant aspect of Brazil’s cancer drug trials landscape is the focus on biosimilars and generics. As patents on several key oncology drugs expire, Brazil has become an important market for biosimilar development and testing. This aligns with the country’s efforts to increase access to cancer treatments and reduce healthcare costs.

    Looking ahead, Brazil’s cancer drug clinical trial landscape shows promise for continued growth and innovations. The country’s large and diverse patient population, improving regulatory environment, and growing expertise in oncology research make it an attractive destination for global cancer drug development. As Brazil continues to invest in its research infrastructure and capabilities, it poised to play an increasingly significant role in advancing cancer treatments on a global scale.

    The MIL Network

  • MIL-OSI: Beneficient Appoints Patrick J. Donegan to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company, today announced the appointment of Patrick J. Donegan as an independent member of the Company’s Board of Directors as of September 30, 2024. In addition to being an independent director, he was appointed to serve on the Audit, Products and Related Party Transactions, Credit and Enterprise Risk committees of the Board.

    Mr. Donegan brings almost thirty years of compliance, legal, banking and capital markets experience to Ben, having held various senior compliance positions, including as Chief Compliance Officer, for bank holding companies and broker dealers and as Assistant General Counsel for a securities company. Over the course of his career, Mr. Donegan has attained eleven FINRA licenses and two certifications from the American Bankers Association, including the Certified Regulatory Compliance Mangers designation, and currently holds a Certified Anti-Money Laundering Specialist certification.

    “Our Board worked to identify a new, independent director who would bring unique skills and senior experience to support Ben’s commitment to operate using industry best practices,” said Beneficient’s CEO and Chairman Brad Heppner. “I am pleased to welcome Patrick to Ben’s Board. Patrick’s extensive legal and regulatory compliance experience – specifically within the FinTech industry – will provide valuable leadership and governance insights to the Board.”

    Mr. Donegan received a Bachelor of Science in Accounting from St. John’s University and a J.D. from St. John’s University School of Law. Mr. Donegan currently serves as a Senior Adviser at Premier Consulting Partners, Inc., a consulting firm focused on operational risk evaluation and compliance, and previously served as the Global Chief Compliance Officer of OKX Group from August 2023 to January 2024. From 2015 to 2023, Mr. Donegan held various leadership positions at Signature Bank, including Chief Compliance Officer, Senior Vice President and Sanctions Compliance Officer. Mr. Donegan’s professional career has also included positions with a number of prominent investment banks, including Cantor Fitzgerald, RBC, Guggenheim, BNP Paribas and Nat West, and compliance roles at Mitsubishi UFJ and Hudson City Bancorp. Through his legal experience and compliance officer roles, Mr. Donegan has developed expertise in identifying risks and establishing policies and procedure to effectively manage those risks. Mr. Donegan’s understanding of banking and capital markets rules and the related regulatory processes will benefit the Company’s efforts to maintain industry best practices across the organization.

    About Beneficient

    Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds − with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote™ tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.

    Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.

    For more information, visit http://www.trustben.com or follow us on LinkedIn.

    Investors

    investors@beneficient.com

    Contacts

    Matt Kreps: 214-597-8200, mkreps@darrowir.com
    Michael Wetherington: 214-284-1199, mwetherington@darrowir.com
    Investor Relations: investors@beneficient.com

    Disclaimer and Cautionary Note Regarding Forward-Looking Statements

    Certain of the statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can be generally identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and, in each case, their negative or other various or comparable terminology. These forward-looking statements reflect our views with respect to future events as of the date of this document and are based on our management’s current expectations, estimates, forecasts, projections, assumptions, beliefs and information. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All such forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, and could cause future events or results to be materially different from those stated or implied in this document. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled “Risk Factors” in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings with the Securities and Exchange Commission (the “SEC”). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document and in our SEC filings. We expressly disclaim any obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.

    The MIL Network

  • MIL-OSI: Beneficient Consummates Transaction to Increase Permanent Equity by $126 Million

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company announces that its subsidiary Beneficient Company Holdings, L.P. consummated a previously announced transaction pursuant to which approximately $126 million of its preferred equity was redesignated as non-redeemable. As a result of the transaction, which was approved by the Company’s founders holding the majority of the preferred equity, Beneficient expects approximately $126 million of temporary equity to be reclassified to permanent equity on its balance sheet as of September 30, 2024.

    About Beneficient

    Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds− with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote™ tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.        

    Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.

    For more information, visit http://www.trustben.com or follow us on LinkedIn.

    Investors

    investors@beneficient.com

    Contacts

    Matt Kreps: 214-597-8200, mkreps@darrowir.com
    Michael Wetherington: 214-284-1199, mwetherington@darrowir.com
    Investor Relations: investors@beneficient.com

    Disclaimer and Cautionary Note Regarding Forward-Looking Statements

    Certain of the statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can be generally identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and, in each case, their negative or other various or comparable terminology. These forward-looking statements reflect our views with respect to future events as of the date of this document and are based on our management’s current expectations, estimates, forecasts, projections, assumptions, beliefs and information. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All such forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, and could cause future events or results to be materially different from those stated or implied in this document. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled “Risk Factors” in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings with the Securities and Exchange Commission (the “SEC”). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document and in our SEC filings. We expressly disclaim any obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.

    The MIL Network

  • MIL-OSI: Anti CD70 Antibodies Clinical Trials FDA Approval CD70 Cancer Therapies Clinical Trials Market Opportunity Insight

    Source: GlobeNewswire (MIL-OSI)

    Delhi, Oct. 04, 2024 (GLOBE NEWSWIRE) — Global CD70 Targeting Therapies Market Opportunity and Clinical Trials Insight 2024 Report Highlights:

    • CD70 Targeting Therapies In Clinical Trials: > 20 Therapies
    • CD 70 Targeting Therapies Clinical Trials Insight By Company, Country, Indication and Phase
    • Insight On CD70 Targeting Therapy Technology Platforms: 6 Platforms
    • FDA and EMA Designations Insight: Orphan, FTD, RMAT Designation
    • Combination Stratagems for CD70 Targeting Therapies
    • Insight On 10 Companies Involved In Development Of CD70 Therapies

    Download Report:

    https://www.kuickresearch.com/report-cd70-antibodies-cd70-antibody-targeting-therapies-cd70-targeting-therapies-market-cd70-targeting-therapies-trials-cd70-antibodies-fda-approval

    In the dynamic realm of immunotherapy, CD70 inhibitors have emerged as promising candidates, opening a new frontier in precision medicine. The immune system is subject to intricate modulation through various checkpoints, with CD70, a multifaceted cell surface molecule, playing a pivotal role in influencing immune responses and cellular interactions. The inhibition of CD70 presents a novel avenue for therapeutic intervention, and this article serves as a comprehensive guide to the burgeoning landscape of CD70 inhibitors.

    From facilitating T-cell activation to maintaining immune homeostasis, CD70 is integral in shaping immune responses. However, its dysregulation has been implicated in numerous diseases, rendering it an intriguing target for therapeutic modulation. The history of CD70 inhibitors sheds light on the molecule’s multifaceted roles in both health and disease, alongside the development of targeted pharmacological agents aimed at modulating its activity. The groundwork for CD70 inhibitors began with the identification of CD70 as a transmembrane glycoprotein belonging to the tumor necrosis factor (TNF) superfamily. Initially recognized for its role in T-cell activation, CD70’s expression on activated immune cells marked a significant milestone in immunology.

    Research throughout the 1990s delved into the immunomodulatory functions of CD70, revealing its involvement in T-cell co-stimulation and the regulation of immune responses. The perception of CD70 as a viable therapeutic target gained momentum as its dysregulation was associated with autoimmune disorders and certain cancers. The early 2000s witnessed an intensified exploration of CD70 as a potential therapeutic target, particularly concerning cancer and autoimmune diseases. Preclinical studies involving animal models and in vitro experiments laid the foundation for investigating the efficacy of CD70 inhibition in altering immune responses and disease progression.

    Advancements in biotechnology and drug development techniques during the mid-2010s facilitated the design and synthesis of CD70 inhibitors. Monoclonal antibodies and small molecules targeting CD70 emerged as promising candidates for therapeutic intervention, providing a means to selectively modulate CD70-mediated signaling pathways. The first half of the 2020s saw the initiation of clinical trials evaluating the safety, efficacy, and tolerability of CD70 inhibitors in human subjects.

    Several ongoing clinical trials focus on various disease contexts, including cancer and autoimmune disorders, with the aim of translating promising preclinical findings into tangible therapeutic outcomes. One notable example is SEA-CD70, an investigational sugar-engineered antibody targeting CD70, currently undergoing clinical research for patients with myelodysplastic syndrome and acute myeloid leukemia. This phase I, open-label, multicenter, dose-finding, and dose-expansion study is designed to evaluate the safety, tolerability, pharmacokinetics (PK), and antitumor activity of SEA-CD70, either as a monotherapy or in combination with azacitidine. Sponsored by Seagen, this investigation was initiated in August 2020, and is expected to be completed by November 2026.

    The development and utilization of CD70 inhibitors present several potential advantages across diverse medical contexts. CD70 is often upregulated in various cancers, promoting immune evasion; thus, CD70 inhibitors can modulate immune responses and enhance the anti-tumor activity of immune cells, particularly T cells. Inhibiting CD70 may directly affect tumor cells by reducing their proliferation and survival, potentially slowing cancer progression.

    Moreover, CD70 inhibitors offer a targeted therapeutic approach by specifically addressing the dysregulated immune responses associated with CD70 expression. This precision may minimize off-target effects commonly seen in broader immunosuppressive strategies. The exploration of CD70 inhibitors represents a captivating journey into the intricate world of immunomodulation and targeted therapy. The multifaceted roles of CD70 in health and disease have catalyzed the development of inhibitors with the potential to revolutionize cancer therapy, autoimmune disorders, and beyond.

    As these inhibitors advance through clinical trials, the narrative surrounding CD70 inhibition evolves with each study, providing insights into their safety, efficacy, and broader applications. The prospect of precision medicine, where tailored interventions reshape patient care, is on the horizon. Furthermore, the potential synergies with existing therapeutic modalities hint at a future where combination strategies harness the full power of the immune system against complex diseases.

    The MIL Network

  • MIL-OSI: Global mRNA Cancer Vaccine Clinical Trial FDA Approval Market Size Future Opportunity Companies Insight

    Source: GlobeNewswire (MIL-OSI)

    Delhi, Oct. 04, 2024 (GLOBE NEWSWIRE) — Global mRNA Cancer Vaccines Clinical Trials and Market Future Outlook 2024 Report Highlights:

    • mRNA Cancer Vaccines In Clinical Trials: > 60 Vaccines
    • Highest Phase Of Clinical Trials: Phase III ( 2 Vaccine)
    • mRNA Cancer Vaccine Clinical Trials Insight By Company, Country, Indication and Phase
    • First Commercial mRNA Vaccine Approval Expected By 2029
    • US and China Dominating mRNA Cancer Vaccines Clinical Trials: > 45 Vaccines
    • mRNA Vaccines For Skin Cancer Dominating Trials: > 10 Vaccines

    Download Report:

    https://www.kuickresearch.com/report-mrna-cancer-vaccine-rnca-vaccine-mrna-cancer-vaccine-market-fda-approved-mrna-cancer-vaccine-mrna-cancer-vaccine-clinical-trials-mrna-cancer-vaccines

    In the ever evolving landscape of pharmaceuticals, mRNA vaccines have emerged as a captivating and progressive area of research and development, and the dynamic nature of this market segment at present offers numerous opportunities, most of which remains to be explored. Researchers believe mRNA cancer vaccines hold great promise in revolutionizing cancer treatment. As a result, the market is witnessing a surge in research and development efforts dedicated to harnessing the potential of mRNA technology to target various types of cancers.

    In recent years, mRNA technology has garnered significant attention for its potential to target cancer cells with precision and trigger potent immune response. This has led to a surge in both academic and industry efforts to harness the power of mRNA for cancer immunotherapy. Consequently, positive strides have been made in clinical trials, showing the safety and efficacy of mRNA-based vaccines in certain cancer indications, mainly those that have had their respective biomarkers identified.

    The convergence of technological advancements and groundbreaking research has created a fertile environment for mRNA vaccine development for cancer indications. Conventional treatment modalities often come with limitations and side effects, which has opened the door for mRNA vaccines, which hold the promise of targeted and personalized therapies. The ability to tailor vaccines to an individual’s genetic makeup and specific cancer type has immense potential to revolutionize cancer treatment outcomes, which give mRNA cancer vaccines a commercial edge over available immunotherapy approaches.

    However, in this growing dynamic realm of mRNA cancer vaccines, the availability of comprehensive data remains a challenge that companies and academia are diligently addressing. While some companies, like Moderna, have encountered mixed results and reviews for their cancer vaccines, this is a testament to the complex nature of cancer therapeutics research.

    the current market opportunities for mRNA vaccine development in cancer treatment are a testament to the synergy between scientific research and innovation. Continuous insights illuminate the path forward, highlighting the conjunction of technological breakthroughs, favorable regulatory pathways, and a relentless pursuit of improved patient outcomes. As we navigate through the intricate landscape, the contributions from pharmaceutical companies, academia, regulatory agencies, and patients are poised to shape the trajectory of this burgeoning market, ushering in an era of tailored, effective and transformative cancer therapies.

    Table of Contents

    1. mRNA Vaccines as Next Generation Cancer Immunotherapy

    2. Global mRNA Cancer Vaccine Clinical Trials Insight By Company, Country, Indication & Phase

    3. Global Cancer mRNA Vaccines Clinical Pipeline Overview

    4. Global mRNA Cancer Vaccines Market Overview

    5. Global mRNA Cancer Vaccines Market Trends by Country

    6. Global mRNA Cancer Vaccines Clinical Landscape by Indication

    7. Global mRNA Cancer Vaccines Market Collaborations, Deals & Investments

    8. Proprietary Technologies & Methodologies for mRNA Cancer Vaccine Development

    9. Competitive Landscape

    The MIL Network

  • MIL-OSI: Global LAG 3 Antibody FDA Approval Clinical Trials LAG 3 Inhibitors Market Future Growth Opportunity Insight

    Source: GlobeNewswire (MIL-OSI)

    Delhi, Oct. 04, 2024 (GLOBE NEWSWIRE) — Global LAG-3 Inhibitors Market, Drug Sales, & Clinical Trials Insight 2029 Report Highlights:

    • Global LAG-3 Inhibitors Market Opportunity: > USD 3 Billion By 2029
    • Global & Regional Market Analysis
    • Commercially Approved LAG-3 Inhibitors: 1
    • Dosing, Pricing & Sales Insight On Approved LAG-3 Inhibitor
    • Insight On All LAG-3 Inhibitors In Trials: > 40
    • Global LAG3 Inhibitors clinical Trials Insight By Company, Country, Indication & Phase
    • Competitive Landscape: Insight on 15 Key Companies

    Download Report:
    https://www.kuickresearch.com/report-lag-3-inhibitors-inhibitor–lag-3-inhibitor-drugs
    landscape
    In recent years, cancer research has undergone significant transformation, marked by the introduction of numerous innovative therapies. With the emergence of advanced PD-1/PD-L1 and CTLA-4 immune checkpoint inhibitors, such as Keytruda and Tecentriq, there is a growing necessity to explore additional therapeutic options. This pursuit has led to the discovery of various immune checkpoint receptors, including LAG-3, TIGIT, and VISTA. Among these, LAG-3 stands out for its potential to revolutionize treatment approaches for cancer and other diseases.

    The exploration of LAG-3 has catalyzed the development of new therapies, culminating in the approval of Opdualag, the world’s first LAG-3 therapy, by Bristol Myers Squibb in March 2022. This therapy is specifically indicated for patients aged 12 years and older with unresectable or metastatic melanoma, marking a significant milestone in cancer treatment.

    The approval of Opdualag by the FDA, alongside endorsements from regulatory bodies such as the UK’s MHRA, Australia’s TGA, Singapore’s Health Sciences Authority, and Brazil’s Agência Nacional de Vigilância Sanitária, represents a major breakthrough in cancer immunotherapy. As research progresses, it is expected that additional LAG-3 inhibitors will be launched for cancer treatment in the near future.

    From a commercial standpoint, the global market for LAG-3 inhibitor therapy presents a wealth of opportunities for pharmaceutical and biotech companies. LAG-3 inhibitors can be leveraged for various conditions, including solid tumors, hematological malignancies, autoimmune disorders, and inflammatory diseases. Ongoing clinical trials indicate that LAG-3 inhibitors are primarily being evaluated in combination therapies, where they are tested in conjunction with other immune checkpoint inhibitors or chemotherapy.

    In addition to these combination, studies suggest that LAG-3 inhibitors could be effective when used alongside other therapeutic interventions, such as therapeutic vaccines, oncolytic virus immunotherapy, radiotherapy, targeted therapies, nanotechnology, and alkaloid therapeutics. This potential for diverse applications could significantly enhance the market viability and clinical relevance of LAG-3 inhibitors across multiple disease contexts.

    Several candidates for LAG-3 inhibitors have reached late-phase clinical trials, reflecting the rapid advancement in this field. Notable examples include Fianlimab, INCAGN02385, XmAb22841, HLX26, Relatlimab, RO7247669, AK129, and Sym022. This progress underscores the increasing momentum behind LAG-3 inhibitors and presents opportunities for pharmaceutical and biotech companies to contribute to this evolving landscape.

    Key industry players, including Bristol Myers Squibb, Symphogen A/S, Hoffmann-La Roche, Immutep, invoX Pharma, Incyte Corporation, Regeneron Pharmaceuticals, and Merck, are instrumental in driving the development of LAG-3 inhibitors. Currently, the US market leads in terms of sales, research and development, and regulatory support for LAG-3 therapies. However, active research and development are also underway in countries like China and across Europe, indicating a global commitment to advancing LAG-3 inhibitors.

    According to KuicK Research, the market value for LAG-3 inhibitors was approximately US$ 625 million in 2023. This figure is expected to soar, with projections suggesting that the global LAG-3 market could surpass billions in sales within the next 2 to 5 years. The successful launch of Opdualag has already generated over half a billion dollars in revenue within two years of its approval. Furthermore, Bristol Myers Squibb anticipates estimated sales of US$ 4 billion for Opdualag by 2029.

    In summary, the development of LAG-3 inhibitors represents a promising frontier in cancer therapy. With a growing pipeline of candidates, expanding research efforts, and increasing commercial interest, the potential for LAG-3 therapies to transform cancer treatment is significant. As the field continues to evolve, it is poised to offer new hope for patients facing challenging diagnoses, underscoring the importance of ongoing innovation in immunotherapy.

    The MIL Network

  • MIL-OSI United Kingdom: UN Human Rights Council 57: UK statement on racism

    Source: United Kingdom – Executive Government & Departments 3

    UK Statement on racism, racial discrimination, xenophobia, and related forms of intolerance. Delivered by the UK’s Human Rights Ambassador, Eleanor Sanders.

    Thank you Mr Vice President,

    The UK condemns all forms of racism, racial discrimination and xenophobia and related forms of intolerance. We remain steadfast in our commitment to combatting it, at home and abroad.

    We celebrate Black History Month this October in the UK. That is a moment to reflect on the impact of black heritage and culture on our country and our place in the world. It’s a chance to celebrate the enormous contribution of black Britons in all walks of life. It is also a chance for us to acknowledge some of our country’s most painful history.

    As in all societies, challenges persist. Ongoing efforts to address racial and ethnic inequalities are essential to ensure better outcomes for all communities.

    The UK stands firmly against the scourge of racism and is committed to taking further meaningful action domestically and internationally to shape a better society for all. This includes bringing forward new legislation to tackle persistent racial inequalities. We are dedicated to fostering a society where everyone, regardless of race, ethnicity or background, can thrive and live a life free from discrimination and intolerance.

    Updates to this page

    Published 4 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Russia: Rosneft supports projects to study and preserve biodiversity

    MILES AXLE Translation. Region: Russian Federation –

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

    On October 4, the whole world celebrates Animal Protection Day, which was established in 1931 with the aim of drawing attention to the problems of preserving the inhabitants of our planet.

    Rosneft pays special attention to environmental issues and biodiversity conservation. Environmental care is an integral part of the Company’s corporate culture and social responsibility. The protection and preservation of ecosystems and biodiversity is one of Rosneft’s main environmental goals until 2035.

    The Company is implementing the largest Arctic region study program since Soviet times. Over 50 expeditions have been conducted over 12 years, during which the country’s leading scientists have studied key species-bioindicators of Arctic ecosystem stability: polar bear, Atlantic walrus, wild reindeer and ivory gull. This has allowed them to collect a unique array of information about the Arctic animal world. The data obtained is used to create a series of ecological atlases by Rosneft and Innopraktika.

    In 2024, as part of the national project “Ecology”, the Company launched a new research program called “Tamura”. In the period up to 2027, it is planned to study reindeer, polar bear, valuable bird species, and fish in the mouth of the Yenisei River on the Taimyr Peninsula. In total, ten expeditions will be conducted over four years. This season, scientists have already carried out field work to study birds on the Brekhov Islands, as well as large islands of the Yenisei Gulf. The total length of the air routes of the bird study expedition conducted in the Krasnoyarsk Territory exceeded 4,000 km.

    In addition, with the support of Rosneft, a research expedition to study wild reindeer was organized within the Tamura program. The total length of the expedition’s boat routes to study wild reindeer exceeded 2,800 km, and the area of aerial observations was 360 thousand km2. Rosneft has been studying wild reindeer since 2014. During this time, large-scale ground and aerial surveys of animals were conducted in Evenkia and Taimyr. Using satellite tags installed on the reindeer, scientists tracked their full annual migration cycle for the first time, and also identified seasonal behavior patterns.

    The Company pays special attention to the study and conservation of the polar bear. Scientists from the A.N. Severtsov Institute of Ecology and Evolution of the Russian Academy of Sciences, together with the Company’s specialists, conducted a full-scale census of the polar bear population distribution during the ice-free period on the northwestern coast of the Taimyr Peninsula and the islands of the Kara Sea as part of the Tamura program. The total length of the polar bear study expedition’s air routes exceeded 2,500 km, and the scientists encountered 50 Arctic predators in total. For the first time in Russian practice, ear radio tags were placed not only on females, but also on males.

    Rosneft, together with the non-governmental development institute Innopraktika and the Center for Full Genome Sequencing, are implementing a unique project to create a genomic database of living organisms in the Russian Arctic. This information is needed for long-term planning of the region’s sustainable development and the preservation of its fragile ecosystems. Among the priority projects is the assembly of the polar bear’s full genome.

    Since 2013, Rosneft has been the guardian of all polar bears living in Russian zoos. Currently, the Company patronizes 34 polar bears in 16 zoos in the country, providing them with care, feeding, veterinary support, and updating their enclosures. With the support of the Company, special toys have been developed to increase the physical activity of the animals. In addition, Rosneft is implementing a program to rescue and rehabilitate young polar bears left in the wild without the care of their mothers.

    Rosneft also supports programs to preserve the Amur tiger population – interacting with specially protected natural areas in the predator’s habitat, rehabilitation and reintroduction centers for animals. With the Company’s participation, equipment and transport for scientific purposes are purchased, and social infrastructure for scientists is being built.

    In 2024, scientists from the Siberian Federal University, with the support of Rosneft, analyzed the state of the wolf population in the Evenki District of the Krasnoyarsk Territory. The result of the research was a set of recommendations from specialists on improving the regulation of the number of predators to maintain the balance of ecosystems. In total, the researchers conducted 67 field trips to various areas and reserves of Yenisei Siberia. Specialists developed a method for calculating the number of predators, according to which the wolf population in Evenkia numbers 2,600 individuals.

    The study and protection of the whale and dolphin population is one of the areas of the Company’s environmental program. As part of environmental monitoring when supporting Rosneft projects, observations are made from ships of all mammals found in the vast expanses of the seas, including whales and dolphins. One of the main species that receives close attention is the gray whale of the Okhotsk Sea population. The program for monitoring the Okhotsk Sea population of gray whales on the northeastern shelf of Sakhalin Island has been conducted for 27 years. As part of the program, the population size is annually counted, animal behavior is observed, their food supply is studied, photo-identification studies and acoustic monitoring are carried out.

    In addition, in 2020, Rosneft, together with the P.P. Shirshov Institute of Oceanology of the Russian Academy of Sciences, implemented a large-scale project to study and monitor Black Sea dolphins. Based on the results of 3 years of observations, modern up-to-date data were obtained on the number and preferred habitats of Black Sea dolphins, and the characteristics of their seasonal distribution. Recommendations were prepared for the study and conservation of Black Sea cetaceans.

    Department of Information and Advertising of PJSC NK Rosneft October 4, 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/220882/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Flourishing Lives: all welcome at our Older Persons’ Day pop-up events

    Source: St Albans City and District

    Publication date:

    Four fun and informative pop-up events are to be held across St Albans District to celebrate Older Persons’ Day.

    St Albans City and District Council has organised the events, called Flourishing Lives, along with partner organisations to highlight the contribution older people make to our community.

    There will be opportunities to socialise and find out about services that keep older residents safe, connected and independent.

    Anyone can drop in for a chat over a cup of tea at the pop-up events in St Albans, Wheathampstead, London Colney and Redbourn.

    Council officers will be available to explain a range of services including housing and the welfare benefits older people may be entitled to.

    Citizens Advice, Communities 1st, Age UK and other groups which work with older people will be present. Information on issues such as the location of warm spaces during cold spells will be available.

    Representatives from Hertfordshire Police, Trading Standards and the Fire Service may be in attendance to talk about issues such as crime prevention.

    Free refreshments will be provided with the pop-ups taking place at:

    • Wheathampstead, Marford Memorial Hall, Monday 21 October, 10am to 12:30pm;
    • St Albans Civic Centre, Wednesday 23 October, 1pm to 3:30pm;
    • Redbourn Village Hall, Thursday 24 October, 9:30am to 12pm;
    • London Colney Caledon Centre, Monday 28 October 10am to 12:30pm.

    The International Day of Older Persons is celebrated around the world every year in early October and is followed by weeks of special events.

    Amanda Foley, the Council’s Chief Executive, said:

    It is important that we join in with organisations all over the world to celebrate our fantastic older people and the great contribution they make to our communities.

    We also want to make older people aware of all the services and opportunities available to them so they can lead fulflling lives and not become socially isolated.

    These free events offer information about how to participate in a range of social and fund activities, including art and keep-fit clubs. There will be details about volunteering too.

    These are relaxed occasions. Everyone is welcome to drop in for a chat, pick up leaflets, discover new activities and discuss any issues they have.

    Media contact: John McJannet, Principal Communications Officer, St Albans City and District Council: 01727-919533; john.mcjannet@stalbans.gov.uk.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New energy efficiency grants for homes not heated by mains gas

    Source: City of York

    Eligible households in York which aren’t heated by mains gas are being given free energy-efficiency boosts by the Council for greater comfort, lower bills and less carbon output.

    During this month of environmental action in York (14 September-12 October), residents are being urged to check their eligibility and grab a grant for measures suitable for their home.

    The grants are for up to 60 households which are owned or privately rented. They offer energy-efficiency measures suitable for homes ranging from insulation upgrades to modern low-carbon heating systems or even photovoltaic panels. Eligible homeowners can get 100% grants and eligible private landlords can get 66% grants.

    Eligible homes must:

    • have a total household annual income of £36,000 or less, or live in specific areas
    • be heated primarily by non-gas fuel such as oil, liquid petroleum gas (LPG), coal, solid fuels or electricity
    • have an Energy Performance Certificate (EPC) rating of D or lower.

    If the household is eligible and the home is suitable, the grant can be used for one or a number of improvements. These could include:

    • Wall, loft and floor insulation
    • New, efficient low-carbon heating system
    • Solar photovoltaic (PV) which generate free electricity
    • High heat-retaining electric storage heaters.

    Sixteen postcodes in York have been identified where residents can automatically qualify for the grant if their home isn’t heated mainly by gas and has an EPC rating of D or below. Residents can see if they live in a pre-qualified area using this interactive map – simply add the address or postcode in the search bar to find out.

    Residents living outside those postcodes in a home with an EPC rating of D or below and isn’t heated mainly by gas, will be eligible only if their household income is £36,000 or less.

    If a home’s EPC rating is unknown, please contact the Council’s delivery partner, Clear Climate, to discuss an assessment as part of your application.

    Steve Coupland, a resident of Stockton on the Forest, applied and qualified for a grant for his bungalow. For the council, contractor Clear Climate assessed his home and installed 300 millimetre-thick loft insulation, and a low-carbon heating system via an air source heat pump (ASHP) which is about three times more efficient than LPG, oil, electricity and gas boilers.

    The ASHP now provides him with hot water for a new central heating system and six new radiators, the system can be controlled by a phone app or a control panel. He has access to instant hot water throughout his home fed by his new accompanying insulated hot water tank.

    Steve said:

    The loft insulation has made a vast difference already: it’s 300mm deep now which is really warm so I’ve not needed to switch on my new heating yet. The installation was a fantastic job: clean and tidy and they were in and out in three days.

    “Last winter was a bit grim, but this year I’m hoping the insulation and heating system will halve my bills at least.”

    Cllr Michael Pavlovic, Executive Member for Housing, said:

    Don’t wait to get your grant! The improvements will help your home stay cooler in summer and warmer in winter, while saving on carbon emissions and on your energy bills. They’re designed not to be too disruptive to install – and you’ll certainly feel the difference when they’re in.

    “If you’re eligible, please take up this terrific offer to benefit you and future generations who live in your home!”

    Cllr Jenny Kent, Executive Member for Environment, said:

    Every house is different and the solution for your home will be tailor-made to ensure that it is more comfortable and cheaper to run. We look at each house construction and where it needs insulation to stop heat escaping. Then we check if it’s suitable for electricity generating panels and/or identify the most effective form of low-energy heating with the lowest carbon impact.

    “60 upgrades are on offer and we want them all to be used; check if you qualify and get in touch with the team.”

    City of York Council is writing to eligible residents and is working with contractor Clear Climate to deliver this project, and who are visiting pre-qualified postcodes.

    Other funding is being used by the Council to improve energy efficiency in council homes.

    To find out if you and your home are eligible and to see the pre-qualifying postcodes, please visit http://www.york.gov.uk/HUG or contact Clear Climate by calling 0191 710 2550, texting 0786 090 7354 or emailing sales@clearclimate.co.uk.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Next step in digital journey for city’s libraries

    Source: City of Stoke-on-Trent

    Published: Friday, 4th October 2024

    Access to printing facilities in libraries across Stoke-on-Trent are set to be improved by installing Wi-Fi printing.

    Stoke-on-Trent City Council were successfully awarded £300,000 from the Libraries Improvement Fund and one part of this project is to improve the printing facilities across all six libraries in the city.

    It means people will now be able to print from their own device instead of relying on computer libraries, a move which will make working or studying at the library even more appealing.

    Digital access in Stoke-on-Trent libraries is evolving to meet customer needs. The trend points towards library users preferring to bring their own device instead of relying on library computers.

    In the years 2023/24, there were 248,276 visits to the libraries in the city, with 16,552 Wi-Fi logins and 41,345 logins onto the public PCs.

    By securing this grant funding, this will enable residents who access Wi-Fi with their own devices to make use of printing facilities.

    Customer experience will be made easier and quicker and for Stoke-on-Trent libraries and it will be a source of support for people who do not have access to printing.

    Councillor Alastair Watson, Cabinet member for Financial Sustainability and Corporate Services, said: “I welcome this grant funding and another stage in the journey of giving libraries the digital edge alongside the books.

    “By installing this printing software, it will free up staff time at the libraries, so they can assist customers who may struggle, due to limited I.T knowledge. It will also provide extra support to those without access to these digital facilities or who see the library as part of their social experience.

    “I hope residents will make good use of it and enjoy the library space.”

    The go live launch for wireless printing is Monday, October 14. Between Monday October 7 and Friday October 11, 2024, work will be underway to install the wireless printing capabilities.

    MIL OSI United Kingdom

  • MIL-OSI Europe: OSCE PCUz conducts seminar-training on the topic “Preventing Youth Radicalization: Media Coverage”

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE PCUz conducts seminar-training on the topic “Preventing Youth Radicalization: Media Coverage”

    The OSCE Project Coordinator in Uzbekistan, jointly with the OSCE Secretariat’s Action Against Terrorism Unit and in cooperation with the Center for In-service Training of Journalists, is currently organizing a seminar-training on the topic “Preventing Youth Radicalization: Media Coverage” in Karshi on October 3-4, 2024. The event is being attended by 24 journalists, bloggers, and civil society activists. The focus of the event is on media literacy, creating alternative storytelling, and developing effective content for countering youth radicalization.

    MIL OSI Europe News

  • MIL-OSI Europe: Third State University Moot Court Competition held in Mostar

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: Third State University Moot Court Competition held in Mostar

    The Faculty of Law of the University of Mostar organized jointly with the High Judicial and Prosecutorial Council of BiH (HJPC BiH), the International Organisation for Migration (IOM), and the OSCE Mission to BiH (Mission) the Third State University Moot Court Competition in Mostar. (OSCE) Photo details

    Mostar, 4 October 2024 – From 2 to 4 October the Faculty of Law of the University of Mostar organized jointly with the High Judicial and Prosecutorial Council of BiH (HJPC BiH), the International Organisation for Migration (IOM), and the OSCE Mission to BiH (Mission) the Third State University Moot Court Competition in Mostar. 16 law students and their professors from the law faculties in Zenica, Tuzla, Bihać and Mostar attending the competition were able to present their best skills and knowledge in the jurisprudence of the European Court of Human Rights (ECtHR).
    The competition was divided in several phases: in May 2024, a case study on the rights of vulnerable groups and trafficking in human beings was developed by the Mission and distributed to the teams to prepare written submissions in July 2024. The final round in October focused on the teams’ oratory skills in presenting their arguments.
    The written submissions of each team of four students and a mentor were evaluated and presented before the panel of judges composed of members of the justice community in BiH: the Court of BiH, the Ombudsman Institution, the Constitutional Court of BiH, other courts, prosecutor’s offices, and the Bar.
    This competition was designed to highlight the talent of young legal professionals vis-a-vis important rule of law and human rights issues advocated by the Mission. It was an excellent opportunity to build students’ legal analytical skills, increase their capacity to develop briefs, and provide a forum to practice oral argumentation before prominent legal professionals in BiH. In addition, the teams have enhanced their practical knowledge of applying the European Convention on Human Rights in accordance with rules and procedures that apply before the European Court of Human Rights.
    Representing the students, Ms. Magdalena Zelenika, deputy president of the Student Union of the Faculty of Law, University of Mostar underlined the importance of the competition in simulating trial before the ECtHR for education and professional development. “It allowed us to apply theoretical knowledge in practice, and at the same time we got the opportunity to co-operate with the best legal experts in the country. These experiences have further motivated us to continue working on ourselves and prepare for the challenges of the legal profession that await us”, she added.
    Ms. Sanela Gorušanović Butigan, Deputy President of the HJPC BiH pointed out that for the third year in a row the HJPC BiH supports the implementation of this competition, which is important for the professional development of students and the improvement of legal education.
    “Our commitment to improving education through the practical application of theoretical knowledge was confirmed by the adoption of the Guidelines on long-term cooperation between judicial institutions and law faculties. These Guidelines, adopted in February 2023, resulted in the active engagement of the majority of judicial institutions, including the HJPC BiH, which shows the commitment of the judiciary to contribute to the quality education of future legal experts,” said Deputy President Gorušanović Butigan.
    “We see the topics that you have researched in the past few weeks as extremely relevant for the BiH context – rule of law and fundamental freedoms are high on the agenda of the Mission and they are an important part of BiH’s path towards the EU”, stated Mr. Jiri Rous, Head of the Mission’s Field Office in Mostar. “This competition proves to be a valuable opportunity for the young people from different parts of the country to meet, learn together and network”, he noted.
    The Mission commends the hard work of the participating teams in the past several months, congratulates to the winners and stands ready to support the activity in the future.

    MIL OSI Europe News

  • MIL-OSI: Hut 8 Operations Update for September 2024

    Source: GlobeNewswire (MIL-OSI)

    19.5 EH/s and 762 MW under management in mining with path to 33.5 EH/s

    Announced partnership with BITMAIN to host next-generation ASIC miner with purchase option to reach 20 EH/s of self-mining

    GPU-as-a-service subsidiary generating revenue with first cluster fully online

    Outstanding balance of Anchorage Digital loan equitized at price of $16.395 per share

    MIAMI, Oct. 04, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today released its operations update for September 2024.

    “We made significant strides in scaling our compute layer across Bitcoin mining and AI this month,” said Asher Genoot, CEO of Hut 8. “In partnership with Bitmain, we launched a next-generation, DLC-cooled ASIC miner. We are targeting a 15 EH/s hosting deployment at our Vega site in the Texas Panhandle by H1 2025, which is expected to generate ~$135 million in annualized hosting revenue on a fully ramped basis. The agreement’s purchase option creates a clear path to 20 EH/s of self-mining capacity by allowing us to fully acquire the hosted machines for our fleet. This deal demonstrates our commitment to pushing the mining industry forward while positioning for expansion into AI data centers.”

    “Our GPU-as-a-service vertical is now fully operational and generating revenue. As we advance discussions with potential partners to expand our digital infrastructure layer across Bitcoin mining and AI compute, we remain committed to maintaining balance sheet strength and creative structuring. To that end, we have also enhanced our financial position by fully converting our ~$38 million Anchorage Digital loan into equity at $16.395 per share of common stock, which represents a 51% premium to the Company’s 20-day VWAP through the day prior to the signing of the equitization agreement.”

    Highlights:

    • Announced partnership with BITMAIN to host U3S21EXPH ASIC miner in H1 2025 with path to 20 EH/s of self-mining capacity; partnership is expected to generate ~$135 million in annualized hosting revenue on a fully ramped basis
    • Brought 1,000 NVIDIA H100 GPUs online and began generating revenue for new GPU-as-a-service subsidiary Highrise AI, Inc.
    • Announced equitization of ~$38 million Anchorage Digital loan at a price of $16.395 per share
    • Continued construction of Ionic Digital’s Cedarvale site and remain on track to complete site buildout by December

    Operating Metrics

    Average during the period unless otherwise noted September 2024 August 2024
    Total energy capacity under management1,2,3 762 MW 762 MW
    Total deployed miners under management4 189.9K 179.5K
    Total hashrate under management5 19.5 EH/s 18.5 EH/s
         
    Self-Mining6    
    Deployed miners7 58.6K 58.5K
    Deployed hashrate8 5.6 EH/s 5.6 EH/s
    Bitcoin produced1,9 85 BTC 87 BTC
    Bitcoin on balance sheet1 9,106 BTC 9,105 BTC
         
    Managed Services2,10    
    Energy capacity under management1 582 MW 582 MW
    Deployed miners under management 140.8K 130.5K
    Hashrate under management 14.9 EH/s 13.9 EH/s
         
    Hosting    
    Deployed miners under management11,12 76.7K 76.7K
    Hashrate under management13 8.6 EH/s 8.5 EH/s
         

    Energy Infrastructure Platform1

            Current/Contracted Revenue Stream(s)14
    Site Location Owner Power
    Capacity
    Self-
    Mining
    Managed
    Services
    Hosting HPC Power
    Sales
    Vega15 Texas Panhandle Hut 8 205 MW     Yes16    
    Medicine Hat Medicine Hat, AB Hut 8 67 MW Yes        
    Salt Creek Orla, TX Hut 8 63 MW Yes        
    Alpha Niagara Falls, NY Hut 8 50 MW Yes   Yes    
    Drumheller17 Drumheller, AB Hut 8 42 MW          
    Kelowna Kelowna, BC Hut 8 1.1 MW       Yes  
    Mississauga Mississauga, ON Hut 8 0.9 MW       Yes  
    Vaughan Vaughan, ON Hut 8 0.6 MW       Yes  
    Vancouver II Vancouver, BC Hut 8 0.5 MW       Yes  
    Vancouver I Vancouver, BC Hut 8 0.3 MW       Yes  
    King Mountain18 McCamey, TX Hut 8 (JV) 280 MW Yes Yes Yes   Yes
    Iroquois Falls19 Iroquois Falls, ON Hut 8 (JV) 120 MW         Yes
    Kingston19 Kingston, ON Hut 8 (JV) 110 MW         Yes
    North Bay19 North Bay, ON Hut 8 (JV) 40 MW         Yes
    Kapuskasing19 Kapuskasing, ON Hut 8 (JV) 40 MW         Yes
    Cedarvale3 Barstow, TX Managed 215 MW   Yes      
    East Stiles Midland, TX Managed 30 MW   Yes      
    Rebel Midland, TX Managed 25 MW   Yes      
    Stiles Midland, TX Managed 20 MW   Yes      
    Garden City Midland, TX Managed 12 MW   Yes      
    Total     1,322 MW          
                     

    Upcoming Conferences & Events:

    • October 7–9, 2024: Yotta 2024
    • October 15, 2024: USC Marshall Energy Business Summit 2024
    • November 13–14, 2024: Cantor Fitzgerald Crypto, Digital Assets & AI Infrastructure Conference 2024
    • November 19, 2024: Craig-Hallum 15th Annual Alpha Select Conference
    • November 19, 2024: Benzinga Future of Digital Assets Conference 2024
    Notes:
    (1) As of the end of the period
    (2) Includes all Self-Mining, Managed Services, and Hosting infrastructure, including 100% of the energy capacity at the King Mountain site, which is owned by the King Mountain JV in which the Company has a 50% membership interest and a Fortune 200 renewable energy producer has the remaining 50% membership interest (the “King Mountain JV”).
    (3) Includes 215 megawatts assuming full capacity at Cedarvale, which was first energized in April and is currently under construction.
    (4) Includes all miners that are racked with power and networking, rounded to the nearest 100, in Self-Mining, Managed Services, and Hosting infrastructure with power and networking, including all miners at the King Mountain site.
    (5) Includes all Self-Mining, Managed Services, and Hosting hashrate, including 100% of the hashrate at the King Mountain site.
    (6) Self-Mining operations for Hut 8 include 100% of operations at the King Mountain site.
    (7) Deployed miners are defined as those physically racked with power and networking, rounded to the nearest 100; deployed self-mining miners net of the 50% share of the King Mountain JV held by Hut 8’s joint venture partner was 49.6K during September and 49.5K during August.
    (8) Indicates the target hashrate of all deployed miners; deployed self-mining hashrate net of the 50% share of the King Mountain JV held by Hut 8’s joint venture partner was 4.7 EH/s during September and August, respectively.
    (9) Bitcoin produced net of the 50% share of the King Mountain JV held by Hut 8’s joint venture partner was 72 BTC during September and 74 BTC during August.
    (10) The Managed Services figures reflected in this table include the Self-Mining and Hosting metrics from the sites where Hut 8’s Managed Services business is an additional service layer in the operation of the site (at King Mountain, Rebel, Stiles, East Stiles, and Garden City). As a result, the sum of the Self-Mining, Managed Services, and Hosting numbers will not add up to the “Total energy capacity under management”, “Total deployed miners under management”, and “Total hashrate under management” figures that are also reflected in the table.
    (11) Miners are rounded to the nearest 100.
    (12) 42.6K deployed miners under management net of the 50% share of the King Mountain JV held by Hut 8’s joint venture partner during September and August, respectively.
    (13) 4.7 EH/s under management net of Hut 8’s joint venture partner’s 50% share of the King Mountain JV during September and August, respectively.
    (14) Reflects revenue sources to Hut 8, its subsidiaries, and/or joint ventures in which they participate.
    (15) Site is currently under development.
    (16) Anticipated to begin generating revenue in H1 2025
    (17) Site currently shut down; Hut 8 maintaining lease with option value of re-energizing site.
    (18) Owned by a JV between Hut 8 and a Fortune 200 renewable energy producer in which Hut 8 has an approximately 50% membership interest.
    (19) Owned by a JV between Hut 8 and Macquarie in which Hut 8 has an approximately 80% membership interest.
       

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. Headquartered in Miami, Florida, Hut 8 Corp. has a portfolio comprising twenty sites: eleven Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. For more information, visit http://www.hut8.com and follow us on X (formerly known as Twitter) at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events or developments that Hut 8 expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the business, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely” or similar expressions. Specifically, such forward-looking information included in this press release includes statements relating to our path to increase our EH/s under management to 33.5 EH/s, our path to increase self-mining EH/s to 20 EH/s through the purchase option with Bitmain, the timing and potential revenues for the hosting deployment at our Vega site, our plans to expand into AI data centers, our discussions with potential partners to expand our digital infrastructure layer across Bitcoin mining and AI compute, our commitment to balance sheet strength and creative structuring, and the timing to complete the Cedarvale site buildout for Ionic Digital.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, security and cybersecurity threats and hacks; malicious actors or botnet obtaining control of processing power on the Bitcoin network; further development and acceptance of the Bitcoin network; changes to Bitcoin mining difficulty; loss or destruction of private keys; increases in fees for recording transactions in the Blockchain; erroneous transactions; reliance on a limited number of key employees; reliance on third party mining pool service providers; regulatory changes; classification and tax changes; momentum pricing risk; fraud and failure related to digital asset exchanges; difficulty in obtaining banking services and financing; difficulty in obtaining insurance, permits and licenses; internet and power disruptions; geopolitical events; uncertainty in the development of cryptographic and algorithmic protocols; uncertainty about the acceptance or widespread use of digital assets; failure to anticipate technology innovations; the COVID19 pandemic, climate change; currency risk; lending risk and recovery of potential losses; litigation risk; business integration risk; changes in market demand; changes in network and infrastructure; system interruption; changes in leasing arrangements; failure to achieve intended benefits of power purchase agreements; potential for interrupted delivery, or suspension of the delivery, of energy to mining sites and other risks related to the digital asset mining and data center business. For a complete list of the factors that could affect Hut 8, please see the “Risk Factors” section of Hut 8’s Transition Report on Form 10-K, available under the Company’s EDGAR profile at http://www.sec.gov, and Hut 8’s other continuous disclosure documents which are available under the Company’s SEDAR+ profile at www.sedarplus.ca and EDGAR profile at www.sec.gov.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Media Relations
    media@hut8.com

    The MIL Network

  • MIL-OSI Europe: OSCE Mission supports Kosovo Academy for Public Safety to sign co-operation agreement with North Carolina Justice Academy

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE Mission supports Kosovo Academy for Public Safety to sign co-operation agreement with North Carolina Justice Academy

    OSCE Mission supports Kosovo Academy for Public Safety to sign co-operation agreement with North Carolina Justice Academy | OSCE
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    Home Newsroom News and press releases OSCE Mission supports Kosovo Academy for Public Safety to sign co-operation agreement with North Carolina Justice Academy

    MIL OSI Europe News

  • MIL-OSI Security: Murder investigation launched after man fatally stabbed in Ilford

    Source: United Kingdom London Metropolitan Police

    Detectives have launched a murder investigation after a man was found stabbed at a residential property in Ilford.

    Police were called at 01.06hrs on Friday, 4 October to reports of a stabbing in Chapel Road, Ilford.

    Officers and the London Ambulance Service attended and found a 50-year-old man suffering from a stab injury in the corridor of a block of flats.

    Despite the best efforts of the emergency services, he was pronounced dead at 01:30hrs.

    His next-of-kin have been informed and are being supported by specialist officers.

    The investigation is being led by detectives from the Met’s Specialist Crime Command.

    Officers carried out fast-paced enquiries and three men, aged 40, 36 and 28, were arrested shortly after on suspicion of murder. They were taken to an east London police station where they remain in custody.

    Detective Chief Superintendent Lewis Basford, who is in charge of policing for the East Area Basic Command Unit, said: “My thoughts are first and foremost with the man’s friends and family. I understand this incident will cause concern in the local community, but I’d like to reassure you that this investigation is progressing at pace led by specialist detectives.

    “However, I’d encourage anyone who has any information who hasn’t spoken to us yet to get in touch. My officers will continue to patrol the area over the next few days to offer reassurance and listen to your concerns.”

    Detective Chief Inspector Kelly Allen, who is leading the investigation, said: “My team have been busy carrying out a number of enquiries and we have already arrested three people in connection with the murder. However, our investigation continues and I’d appeal to anyone who has any information, no matter how small, to contact my team so we can ensure those responsible for this heinous crime are brought to justice.”

    Anyone with information is asked to call the police on 101 quoting CAD 298/04OCT. Alternatively, you can contact the independent charity Crimestoppers anonymously on 0800 555 111 or visit crimestoppers-uk.org.

    MIL Security OSI

  • MIL-OSI Translation: 04/10/2024 New rules for reporting violations of the law in the Ministry of Finance

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    New rules for reporting violations of law in the Ministry of Finance04/10/2024

    On July 18, 2024, the Minister of Finance signed an ordinance on the procedure for reporting internal violations of the law and taking follow-up actions in the Ministry of Finance. The new regulation extends the subject matter of reports and introduces the possibility of anonymous reporting of irregularities. The aim of the solution is to implement the obligation resulting from the Act of 14 June 2024 on the protection of whistleblowers. The new internal reporting procedure introduces effective protection mechanisms for persons who, as part of their professional duties, encounter violations of the law and decide to disclose them. The regulation specifies in particular: persons within the organizational structure of the Ministry of Finance, authorized by the Minister of Finance to receive internal reports, methods of submitting internal reports by a whistleblower, persons within the organizational structure of the Ministry, authorized to take follow-up actions, including: verification of the internal report and further communication with the whistleblower, including requesting additional information and es decir, feedback to the whistleblower, the obligation to confirm the receipt of the internal report to the whistleblower, the obligation to take follow-up actions, with due diligence, the maximum deadline for providing feedback to the whistleblower, the method of handling accepted internal reports, principles of protection against retaliatory actions, principles of personal data protection in matters concerning internal reports, the organizational unit keeping the register of internal reports, reporting and monitoring internal reports. The provisions of the discussed legal act additionally cover issues related to the policy of counteracting irregularities, managing the risk of conflict of interest, accepting and giving gifts, as well as the ingoa policy. In addition, all persons with knowledge of potential irregularities can report them anonymously, which ensures full confidentiality and protection against possible consequences of reporting. The regulations came into force on 25 September this year.

    MaterialOrder of the Minister of Finance of 18 de julio de 2024 on the procedure for reporting internal violations of the law and taking follow-up actions at the Ministry of FinanceZapowiedz​_Ministra​_Finansów​_z​_dnia​_18​_września​_2024​_r.pdf 0.31MB

    MILES AXIS

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Translation: AFRICA/TOGO – 19 dead in attack on border post on Burkina Faso

    MIL OSI Translation. Region: Italy –

    Source: The Holy See in Italian

    Video of the assault released by JNIM

    Lomé (Agenzia Fides) – The toll of the attack conducted on the night between 1 and 2 October in Fanworgou, a border town between Togo and Burkina Faso, is 19 dead. A commando of armed men attacked a contingent of Togolese soldiers charged with monitoring the border and protecting the workers of a local company charged with building a protective barrier to prevent the infiltration of armed groups present in Burkina Faso. The commando managed to overcome the barriers already built and attacked the patrols of the Togolese soldiers. They then attacked the hut where the workers were resting and destroyed some of the contractor’s equipment. There were 19 victims on the ground: 9 soldiers and 10 civilians. The injured are at least 8 civilians and 4 soldiers. The army intervened by sending reinforcements and armed helicopters. According to testimonies collected, the attackers included women and children. The attack has not been claimed but occurred about 4 km east of the one on 20 July this year in Kpenkankandi, which cost the lives of at least twenty-one Togolese soldiers, which had been claimed by JNIM (Jama’at Nusrat al-Islam wa al-Muslimin “Group for the Support of Islam and Muslims”), which had posted on its social media some footage of the attack taken by its own drone. JNIM, affiliated with Al Qaeda, which operates in the Sahel belt between Mali, Niger and Burkina Faso, is trying to expand its activities towards the West African states bordering the Atlantic Ocean, such as Togo. In the region bordering Burkina Faso, a state of emergency has been declared since 2022 to deal with armed incursions from the neighbouring state. The border areas of Togo and Burkina Faso and the latter with Benin have long been crossed by tensions linked to the presence of jihadist and criminal groups engaged in illicit trafficking (see Fides 6/10/2023). (LM) (Agenzia Fides 4/10/2024)Share:

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI: Pushing Into a New Age for Digital Advertising – Alkimi Secures Top Exec in NED Role

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Oct. 02, 2024 (GLOBE NEWSWIRE) — UK-based Alkimi, the world’s first decentralised ad exchange, is excited to announce the appointment of Robert Bradley as Non-Executive Director. Robert brings over 20 years of experience in the media industry, working for the biggest media brands, and leading digital innovation, commercial strategy, and ad tech operations, driving significant revenue growth across global markets.

    As an advisor at Alkimi, Robert will leverage his extensive background in digital ecosystems, ad technology, and international commercial strategy to help scale Alkimi’s platform, bringing innovative solutions to the forefront of the advertising industry.

    “Robert’s unparalleled expertise in the media sector, particularly in digital strategy and revenue growth, aligns perfectly with Alkimi’s vision of disrupting traditional advertising. At our core, we truly believe in addressing transparency at an industry level, reducing fees whilst gaining efficiency and working our way towards net zero emissions. Robert is the perfect fit to help move mountains with us and we are thrilled to have him on board as we continue to scale and innovate,” said Ben Putley, CEO & Co-Founder of Alkimi.

    Bradley’s career has spanned key leadership roles at News Corp, IDG, CNN International Commercial (CNNIC). His current role as the Senior VP at CNNIC / Warner Bros. Discovery, Inc. where he spearheads commercial digital transformation and revenue growth across key digital assets. Alongside managing strategic partnerships across APAC, LATAM, and EMEA regions, he also has experience in managing multi-platform brand partnerships and ad sales, positioning him uniquely to guide Alkimi in its next phase of growth.

    Having followed the highly motivated nimble team for several years, Bradley has been impressed by the meteoric rise, taking note of Alkimi’s transparency and low fees.

    “Alkimi is at the cutting edge of the advertising industry, and I’m excited to be part of a team that’s revolutionizing how brands connect with audiences in a way that’s transparent, efficient and in a way media owners can benefit. I look forward to contributing to the company’s strategic direction and helping it achieve its ambitious goals,” said Robert Bradley, Non-Executive Director at Alkimi. 

    Bradley’s breadth of experience in AdTech and programmatic advertising gives him unique insights, built from years of practical, hands-on senior roles within the ecosystem. Alkimi is not only a natural fit for Bradley, but the company will also benefit from his wealth of knowledge and leadership as it continues to expand its offerings, solidifying its position as a trailblazer in decentralised ad technology. Bradley will be making his first live panel appearance with Alkimi at Zebu Live in October.

    About Alkimi

    Alkimi is a decentralised replacement to the inefficient legacy programmatic ad exchanges with the mission to restore the value exchange between advertisers, publishers and users. Alkimi is a custom layer 2 scaling solution on the Ethereum network, specifically for advertising — which allows us to provide the fastest, infinitely scalable solution with 0% fraud, low transaction fees and complete end-to-end transparency.

    About Robert Bradley 

    Rob joins Alkimi, as a NED, to share his vast background of leading processes related to the digital ecosystem for Web2 companies, such as CNN and Warner Bros Discovery. He is eager to sustain innovation and monetisation of new products, leading ad tech, commercial strategy, TV and digital operations.

    He has two decades of professional experience, including 6+ years as Senior Vice President at Warner Bros Discovery where he oversees Warner One’s commercial Strategy and Revenue. Prior to his current role Rob led commercial partnerships for CNNIC across the UK, US, and Nordics alongside overseeing international digital monetisation, ad operations and innovation. Rob’s illustrious career also includes stints at News Corp, OPW and IDG where he was the Head of Programmatic.

    Contact

    Associate Director of Marketing
    Milly
    Alkimi
    milly@alkimi.org

    The MIL Network

  • MIL-OSI: Qylur Awarded SBIR Phase II Contract for a Tactical AI Spectrum Classifier Systems (TASCS)

    Source: GlobeNewswire (MIL-OSI)

    Sunnyvale, CA, Oct. 02, 2024 (GLOBE NEWSWIRE) — Qylur Intelligent Systems announces it has been selected by AFWERX for a Direct-to-Phase II contract in the amount of $1.25M focused on a new Tactical AI Spectrum Classifier Systems (TASCS) to address the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering the Open Topic SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and now on September 17th, 2024, Qylur has started its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.

    “Our mission has always been to leverage our unique AI experience and innovative AI-based intelligent machine solutions in the service of protecting life and our way of life” said Dr. Lisa Dolev, Founder and CEO of Qylur. “The spectrum environment is growing increasingly complex and more contested from both adversarial and unintentional sources. We are honored, through this SBIR contract, to be further extending our technology with new agile autonomous spectrum capabilities to help maintain spectrum superiority in support of Air Force mission imperatives.”

    The views expressed are those of the author and do not necessarily reflect the official policy or position of the Department of the Air Force, the Department of Defense, or the U.S. government.

    About Qylur Intelligent Systems

    Qylur Intelligent Systems is an AI the systems company with breakthrough technologies that redefine intelligent machine capabilities for both the commercial and defense sectors. At the heart of Qylur’s innovation is its pioneering Mission Autonomous AI, delivering transformative software and hardware solutions for next-generation intelligent systems. Its flagship offerings include the SNIM® AI platform and the Q Sentinel, the world’s first fully autonomous self-service security screening solution. With a portfolio of patented AI core technologies, and under the visionary leadership of Founder and CEO Dr. Lisa Dolev—an accomplished technology entrepreneur and inventor with over 35 years of expertise in security and defense—Qylur continues to shape the future of AI-driven intelligent machines, visit http://www.Qylur.com.

    About AFRL

    The Air Force Research Laboratory is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development, and integration of affordable warfighting technologies for our air, space and cyberspace force. With a workforce of more than 12,500 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. For more information, visit afresearchlab.com.

    About AFWERX

    As the innovation arm of the DAF and a directorate within the Air Force Research Laboratory, AFWERX brings cutting-edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. AFWERX employs approximately 370 military, civilian and contractor personnel at five hubs and sites executing an annual $1.4 billion budget. Since 2019, AFWERX has executed over 6,200 new contracts worth more than $4.7 billion to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability. For more information, visit: http://www.afwerx.com.

    The MIL Network

  • MIL-OSI: 20 Years Strong: RIB CostX Marks Two Decades of Revolutionizing the Construction Industry

    Source: GlobeNewswire (MIL-OSI)

    2 OCTOBER, 2024, BRISBANE — RIB Software, a global leader in construction software solutions, this year celebrates 20 years of its award-winning all-in-one takeoff, estimating, and reporting software, RIB CostX. 

    CostX is a unified costing platform which seamlessly connects BIM and 2D takeoff and estimating with carbon accounting. With CostX, cost estimators have an easy-to-use tool which reduces errors and improves accuracy. It enables 2D takeoffs with a single click, which increases speed. Its advanced 3D/BIM support means that customers get more accurate calculations, considerable time savings, and improved quality within their estimates.

    For two decades, RIB CostX has been at the forefront of innovation in takeoff and estimation, consistently delivering the tools customers need to achieve accurate and reliable results. From pioneering digital takeoff technology to 5D BIM integration, RIB CostX has continually pushed the boundaries to empower professionals to work more efficiently.

    CostX’s ability to upload models so that all estimators can see the project in 3D is invaluable for our company,” says Allison Koester, Preconstruction Technology Lead at Austin Commercial in the U.S. “New design aspects that appear in the 3D model allow us to discover design features and price them at an early stage of design, helping to optimize our budget. 

    “We consider CostX part of the Austin team – they’ve been integral in our preconstruction technological transformation,” says Allison. “Costx’s outstanding customer support and product help us deliver accurate information that our customers rely on.”

    Ben White, Estimating Manager at Ausco Modular in Australia, adds that CostX is faster and more accurate than other industry software. “CostX is intuitive and widely taught, making it easy to find skilled staff. It suits various business sizes and offers a familiar, user-friendly interface similar to [Microsoft] Excel. It’s effective for companies with both office-based and remote teams.”

    CostX Highlights Through the Years

    CostX launched in 2004 with its first customer win, Rawlinsons, based in Brisbane, Australia. Shortly after, the groundbreaking Auto-Revisioning feature was introduced, facilitating revisions tracking between drawing designs, meaning estimates can be updated without missing critical alterations. Furthermore, CostX began supporting 3D/BIM models, enabling users to leverage large repositories of data to improve the accuracy of their estimates. These early innovations helped establish CostX as a leader in the construction estimation software. 

    In 2007, CostX expanded outside Australia, making its mark on the global stage. The product range was extended in 2009 with the introduction of CostXL, which seamlessly links CostX takeoff data with Microsoft Excel spreadsheets. 

    By February 2017, CostX reached the milestone of selling 10,000 licenses globally. Since then, it has won the Estimation and Valuation of the Year award at the Construction Computing Awards for five years in a row.

    In 2018, CostX Cloud was launched to align with new ways of working, offering improved access and collaboration for globally dispersed teams while reducing reliance on internal IT infrastructure.

    In 2021, CostX made significant strides toward sustainability by introducing embodied carbon measurement, allowing users to calculate the carbon impact of materials in the construction process. These innovations have strengthened CostX’s position as a leading solution for the construction industry. 

    RIB understands that every business has unique challenges and requirements. That’s why this year, the company has moved to subscription options to ensure customers have the right takeoff and estimation tools at their fingertips for added flexibility. These products, namely CostX Quantify, CostX Core, and CostX Complete, offer varying functionalities to suit any business’s needs, from focusing solely on takeoff (providing robust measurement and quantification features) through to delivering the full suite of CostX capabilities (offering 2D and BIM takeoff, estimating spreadsheets, robust reports, and more in one program).

    Conclusion

    Since the release of Version 1.0 in 2004, RIB CostX has taken customers on a journey of precision, accuracy, and efficiency. Two decades of users have improved their flexibility, reduced errors, and saved time and money through the company’s award-winning takeoff and estimating.

    From Version 1.0 to Version 7.2, CostX’s journey has been guided by invaluable feedback from users. With each iteration, RIB has added features and functionalities, continuously striving to fulfil its commitment to make construction more efficient and sustainable for all.

    Tony Shaw, Product Solutions Director at RIB Software says, “From its inception twenty years ago, through the nascence of BIM, the advent of sustainability, and the emergence of AI, CostX has remained at the leading edge of technological changes across the construction industry. It has been a privilege to be a part of the team that continues to look forward and strives to exceed the demands of our customers, both present and future.”

    For more information on RIB CostX, please visit http://www.rib-software.com/en/rib-costx

    About RIB Software

    Driven by transformative digital technologies and trends, RIB is committed to propelling the industry forward and making engineering and construction more efficient and sustainable.

    Throughout its 60-year history, the business has expanded its global footprint to incorporate more than 550,000 users and 2,600 talents, with the vision of transforming the operation into a worldwide powerhouse and providing innovative software solutions to its core markets – while placing its people at the heart of everything it does.

    Managing the entire project lifecycle, from planning and construction, to operation and maintenance, the development of RIB’s portfolio of software solutions is driven by industry expertise, best practice and a passion to remain at the cutting edge of technology.

    Press Enquiries

    Tracy Woodland

    Marketing Director

    tracy.woodland@rib-software.com

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