India, Cyprus unveil strategic roadmap, strongly condemn Pahalgam terror attack

Source: Government of India

Source: Government of India (4)

Prime Minister Narendra Modi’s official visit to Cyprus concluded with the adoption of a Joint Declaration outlining a roadmap for deepened strategic cooperation between the two nations, according to a press release issued by the Prime Minister’s Office.

The Ministry of External Affairs and the Government of Cyprus also released coordinated statements underscoring the breadth of this renewed partnership. As per the PMO release, Cyprus expressed solidarity and unwavering support to India in its fight against cross-border terrorism and strongly condemned the recent terrorist attacks in Pahalgam, Jammu and Kashmir.

Both leaders “strongly condemned the gruesome killing of civilians in the recent heinous terrorist attacks in Pahalgam,” reiterating their zero-tolerance approach to terrorism. The press release also highlighted the shared commitment of both sides to strengthening EU-India relations.

With Cyprus assuming the Presidency of the Council of the European Union in early 2026, both sides pledged to work towards the timely conclusion of the EU-India Free Trade Agreement by the end of 2025, calling it a move of “significant economic and strategic potential.”

According to the release, Prime Minister Modi’s visit — the first by an Indian Prime Minister to Cyprus in over two decades — was described as a “historic milestone” that “reaffirms the deep and enduring friendship between the two nations.”The visit was seen as a celebration of a shared past and a “forward-looking partnership” rooted in strategic vision and mutual trust.

The declaration noted that both leaders held wide-ranging discussions on bilateral, regional, and global issues, acknowledging growing cooperation in economic, technological, and people-to-people domains. Cyprus and India committed to furthering collaboration “as trusted and indispensable partners contributing to regional and global peace, prosperity, and stability.”

The joint declaration reaffirmed both sides’ shared values–democracy, multilateralism, rule of law, and sustainable development–and their support for a rules-based international order grounded in the UN Charter and international law.

Both leaders emphasized the importance of UNCLOS in securing freedom of navigation and maritime sovereignty. Cyprus reiterated support for India’s permanent membership in a reformed United Nations Security Council.

Both countries agreed to coordinate closely within the UN, Commonwealth, and other international organizations, including supporting each other’s multilateral candidacies. The release also detailed the two sides’ agreement to hold regular political dialogue, led by their respective foreign ministries, and to implement a bilateral Action Plan to guide cooperation across key sectors.

On defence and security, both nations reaffirmed their zero-tolerance approach to terrorism, condemned terrorism in all its forms, and emphasized dismantling terrorist infrastructure and financing. Cyprus expressed solidarity with India’s fight against cross-border terrorism, and the two sides emphasized accountability for perpetrators.

Recognizing the changing global security environment, the leaders stressed the importance of enhancing strategic autonomy, cyber defence, and maritime cooperation. They agreed to explore greater naval collaboration, port calls, and joint maritime training.

The declaration further underlined the importance of institutional cooperation in emergency preparedness and crisis response, including evacuation and Search and Rescue (SAR) efforts. On connectivity, Cyprus and India reiterated the significance of the India-Middle East-Europe Economic Corridor (IMEC) as a multi-nodal initiative to promote economic integration and regional stability.

Cyprus was described as a gateway into Europe and welcomed as a hub for Indian maritime and logistics enterprises. In the areas of trade, innovation, and technology, both leaders supported expanding bilateral trade and investment.

They called for a Cyprus-India Business Forum and supported enhanced collaboration in innovation, artificial intelligence, and digital infrastructure. The release also mentioned plans to finalize a related MoU to promote research and tech partnerships. Acknowledging people-to-people ties as a strategic pillar, the declaration confirmed efforts to finalize a Mobility Pilot Program Arrangement by the end of 2025. Both sides also agreed to improve tourism and explore direct air connectivity.

An agreement to prepare a comprehensive 2025-2029 Action Plan to steer bilateral relations was included in the joint declaration, under the supervision of the foreign ministries of both countries. (ANI)

June 17, 2025

MIL-OSI Security: USSF INDOPACOM Brig. Gen. Mastalir visits Okinawa

Source: United States INDO PACIFIC COMMAND

KADENA AIR BASE, Japan — U.S. Space Force Brig. Gen. Anthony Mastalir, U.S. Space Forces Indo-Pacific commander, visited counterparts across various organizations in Okinawa, Japan, May 14, 2025, to ensure USSF assets and Guardians were postured to support U.S. joint partners.

MIL Security OSI –

June 17, 2025

MIL-OSI: UIFCA Boosts Ai∞ Profit Algorithms for Sharper Crypto Insights

Source: GlobeNewswire (MIL-OSI)

NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — UIFCA Wealth Academy Ltd. has enhanced its proprietary “Ai∞ Profit Algorithms” system, delivering investors even more precise and comprehensive insights into the cryptocurrency markets. Through the integration of a wider array of diverse data sources, UIFCA has strengthened its AI’s capacity to analyze market dynamics, identify emerging trends, and assist users in making more informed investment decisions.

The “Ai∞ Profit Algorithms” system is a cornerstone of UIFCA’s commitment to delivering cutting-edge financial tools and education. These latest upgrades focus on expanding the system’s analytical reach. The AI now processes and interprets information from an even broader spectrum of market inputs. This includes on-chain data from major blockchains, relevant industry news, evolving social media sentiment, and importantly, anonymized, aggregated trading data from a selection of reputable cryptocurrency exchanges.

This multi-faceted data approach allows the “Ai∞ Profit Algorithms” to build a more holistic understanding of market liquidity, price action, and overall sentiment. For instance, aggregated transaction data from established platforms, such as those like CELOXFI, can provide valuable contextual information to the AI models when appropriately processed. This helps UIFCA’s system to identify broader market movements and patterns with greater accuracy, rather than relying on a limited set of indicators.

UIFCA emphasizes that its selection of any data source is based purely on informational relevance, reliability, and the ability to contribute to a more robust analytical output for its users. The academy remains steadfast in its mission to provide objective, data-driven insights, empowering investors with sophisticated tools previously accessible primarily to institutional players.

These enhancements to the “Ai∞ Profit Algorithms” reflect UIFCA’s ongoing dedication to innovation and its proactive approach to the evolving landscape of digital assets. By continuously refining its technological capabilities, UIFCA aims to equip its global community of learners and investors with a distinct advantage in navigating the complexities of the financial markets.

About UIFCA Wealth Academy Ltd.
UIFCA Wealth Academy Ltd. is committed to revolutionizing the way investors navigate the financial markets. Leveraging cutting-edge AI-powered tools like its “Ai∞ Profit Algorithms,” expert-backed strategies, and world-class financial education, UIFCA provides investors with the insights and resources needed to make informed, strategic decisions for steady and exponential wealth growth. With a focus on innovation, expertise, and empowerment, UIFCA serves a global community of traders in both cryptocurrency and traditional financial markets.

Contact:
Sarah Mitchell
sarah.mitchell@ufaceu.com
Communications Manager
UIFCA Wealth Academy Ltd
Website: www.ufaceu.com | www.uifca.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fafcdc27-833f-49c1-bce3-689a13c35d80

The MIL Network –

June 17, 2025

MIL-OSI: LeddarTech Announces Intention to File under the Bankruptcy and Insolvency Act in Canada

Source: GlobeNewswire (MIL-OSI)

QUEBEC CITY, Canada, June 16, 2025 (GLOBE NEWSWIRE) — LeddarTech^® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that, further to its press release dated June 11, 2025, it intends on making an assignment into bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada) (the “BIA”).

After careful consideration of all available alternatives, including undertaking a strategic review which was unsuccessful in identifying a suitable acquirer or commercial partner or raising sufficient capital, as well as further to the Company having received a notice of default under its bridge financing offer entered into with certain bridge lenders, the board of directors of the Company has determined that it was in the best interest of the Company and its stakeholders to make an assignment into bankruptcy under the BIA as soon as reasonably practicable. The Company expects that Raymond Chabot Inc., a licensed insolvency trustee, will be appointed as the trustee under the BIA proceedings.

In connection with the BIA proceedings, each member of the board of directors of the Company will resign effective upon the assignment under the BIA.

As was disclosed in its June 11, 2025 press release, the Company does not expect to resume active operations and cautions investors that there is significant risk that holders of our securities will receive little to no value under the BIA proceedings.

Further announcements regarding the status of the Company’s BIA proceedings will be made as developments warrant. Additional information with respect to the BIA proceedings will be available in due course on Raymond Chabot Inc.’s website.

The Company expects that its common shares and warrants trading on the Nasdaq will be halted as a result of the BIA proceedings. The Company anticipates that it will ultimately be delisted from the Nasdaq.

About LeddarTech

A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off- road vehicle ADAS solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 190 patent applications (112 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter (X), Facebook and YouTube.

Forward-Looking Statements

Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws). Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend” and other similar expressions among others. Forward-looking statements in this press release include, without limitation, statements regarding the issuance of cease trade orders, the BIA proceedings, and the potential for shareholder value recovery. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties, including the risk factors as detailed from time to time in LeddarTech’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the risk factors contained in LeddarTech’s Form 20-F filed with the SEC. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Chris Stewart, Chief Financial Officer, LeddarTech Holdings Inc.
Tel.: + 1-514-427-0858, chris.stewart@leddartech.com

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol “LDTC.”

The MIL Network –

June 17, 2025

MIL-OSI China: Chinese car brands double sales in Spain, gaining over 10% market share

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

Chinese car brands accounted for 10.12 percent of total vehicle registrations in Spain during the first five months of 2025. The figure more than doubled the 23,235 units registered in the same period last year, the Spanish Association of Automobile and Truck Manufacturers (ANFAC) announced on Monday.

Felix Garcia, ANFAC’s director of communications and marketing, described the May sales figures as “very positive.” “More than 112,000 units sold and the growth of over 18 percent show that it was the best May since 2019, before the pandemic began,” he said in a statement.

ANFAC’s data includes not only Chinese carmakers such as Chery and BYD, but also European brands owned by Chinese automotive groups, such as Volvo under the Geely group and MG under SAIC Motor.

According to a recent survey conducted by online car dealer Coches.net and the Spanish vehicle distributors’ association Ganvam, seven out of ten Spaniards expressed a favorable opinion of Chinese brand cars, saying they would consider buying one.

BYD, the world’s largest plug-in car manufacturer, sold 7,788 units in Spain by the end of May, marking a dramatic rise from just 54 units sold two years ago. In May, BYD overtook Tesla as the best-selling electric car brand in the country.

The rising popularity of Chinese vehicles aligns with the broader growth in electrified vehicle sales, including pure electric and plug-in hybrids, which have taken 20 percent of the Spanish market, according to ANFAC.

“Pure electric vehicles went up to 8 percent, while other electrified vehicles now exceed 11 percent. Together, they account for around 19 percent of the market share. This is key to rejuvenating the country’s Motor Vehicle Fleet and reducing emissions,” Garcia added.

The Spanish government’s MOVES incentive program also plays a role in encouraging electric vehicle purchases, offering subsidies of up to 7,000 euros for buyers.

MIL OSI China News –

June 17, 2025

MIL-OSI China: US stocks rebound as investors brush off Middle East tensions

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

U.S. stocks ended higher on Monday, recovering from Friday’s sharp losses as investors’ concerns over ongoing hostilities between Israel and Iran eased somehow.

Escalation of conflicts between Iran and Israel had briefly rattled markets — oil prices surged, the Cboe Volatility Index (VIX) spiked, and gold prices rose as investors sought safe havens. However, Monday’s action suggested confidence remained intact. High-yield credit spreads widened by just 2 basis points.

The Dow Jones Industrial Average rose 317.30 points, or 0.75 percent, to 42,515.09. The S&P 500 added 56.14 points, or 0.94 percent, to 6,033.11. The Nasdaq Composite Index increased by 294.39 points, or 1.52 percent, to 19,701.21.

Seven of the 11 primary S&P 500 sectors ended in green, with communication services and technology leading the gainers by adding 1.53 percent and 1.52 percent, respectively. Meanwhile, utilities and health led the laggards by losing 0.50 percent and 0.40 percent, respectively.

Market history supports the idea that geopolitical shocks are often short-lived in their market impact. According to Deutsche Bank analysts Parag Thatte and Binky Chadha, the S&P 500 typically drops around 6 percent in the three weeks following a geopolitical event, but usually recovers those losses in the next three weeks.

Deutsche Bank’s Henry Allen added in a Monday note that geopolitical events tend to have lasting effects on equities only when they disrupt the real economy, either by slowing growth or driving inflation. So far, investors seem to be betting that neither scenario is likely in the near term.

Despite lingering geopolitical concerns, historically low equity positioning and resilient fundamentals may be keeping a broader sell-off at bay, allowing risk appetite to return for now. “Focus will remain on geopolitical headlines, but as long as the conflict stays limited between Israel and Iran, it’s unlikely to materially impact the markets,” said Tom Essaye at the Sevens Report.

Tesla rose more than 1 percent on Monday, while Meta Platforms climbed 2.9 percent, helping power the broader market. Palantir, often seen as a beneficiary of rising geopolitical instability due to its defense and AI ties, rose near 3 percent.

The rising move comes ahead of a key week for monetary policy. Investors digested a weaker-than-expected manufacturing survey released Monday morning by the New York Fed, adding to signs of slowing momentum in the industrial sector. Still, the data did little to shift expectations ahead of the Federal Reserve’s interest rate decision on Wednesday.

According to CME Group’s FedWatch Tool, futures markets are pricing in a 100 percent chance that the Fed will hold rates steady, despite renewed pressure from U.S. President Donald Trump, who has called on Fed Chair Jerome Powell to cut interest rates.

However, elevated oil prices stemming from the conflict in the Middle East are expected to keep inflation risks on the Fed’s radar and reduce the likelihood of rate cuts in the near term. “Markets got a reminder that tariffs aren’t the only potential source of market volatility,” said Chris Larkin at E*Trade from Morgan Stanley. “Right now, markets are signaling they expect the situation in the Middle East will remain contained, but any surprises could have an oversized impact on sentiment.”

MIL OSI China News –

June 17, 2025

MIL-OSI Asia-Pac: SITI continues visit to Netherlands (with photos)

Source: Hong Kong Government special administrative region

The Secretary for Innovation, Technology and Industry, Professor Sun Dong, continued his visit to the Netherlands on June 15 (Amsterdam time).

Professor Sun visited a start-up incubator and community workspace, Amsterdam Venture Studios Startup Village, built with containers being turned into offices. The village currently brings together 35 start-ups focusing on AI and quantum technology, with an aim to promoting interaction, collaboration and knowledge exchange among science, business and start-up ecosystem.

Professor Sun visited Omni Wind Tech BV in the community, a Dutch start-up that focuses on the innovative development of patented power generation technology by compact wind turbines to promote the high-performance application of wind energy in commercial and community settings. He was briefed on the company’s development strategies and core technologies, and learned about its practical mode of promoting sustainable development of clean energy through green innovation.

Professor Sun then visited Nearfield Instruments to learn about its latest technologies and global businesses. The company is a supplier of advanced metrology solutions for the semiconductor industry, focusing on high-precision measurement technology to support manufacturing in the high-end nano-electronics industry.

In the afternoon, Professor Sun met with Deputy Director-General for Foreign Economic Relations of the Ministry of Foreign Affairs of the Netherlands, Ms Yvette Van Eechoud, to exchange views on promoting innovation and technology (I&T) collaboration. Professor Sun said that the Hong Kong Special Administrative Region (HKSAR) Government attaches great importance to maintaining relations with European countries, including the Netherlands. He emphasised that as an international city, Hong Kong has all along been playing the roles and functions of “super connector” and “super value-adder”. The current-term Government is committed to developing Hong Kong into an international I&T centre and there is a broad room of collaboration between the two places in the fields of I&T.

Professor Sun also called on Charge d’affaires of the Chinese Embassy in the Netherlands, Mr He Shiqing, to brief him on Hong Kong’s efforts in “deepening international exchanges and co-operation and better integration into the national development”. Professor Sun expressed his gratitude to the Embassy for supporting the enhanced co-operation between Hong Kong and the Netherlands in I&T development and attracting enterprises and investments.

Professor Sun concluded his visit to the Netherlands and will return to Hong Kong in the morning on June 18 (Hong Kong time).

MIL OSI Asia Pacific News –

June 17, 2025

MIL-OSI Security: Pacific Partnership 2025 Conducts Mission Stop in Suva, Fiji, June 12, 2025 [Image 4 of 7]

Source: United States Navy (Logistics Group Western Pacific)

Issued by: on

SUVA, Fiji (June 12, 2025) U.S. Army veterinarians, assigned to 72nd Medical Detachment Veterinary Service Support, assist in training of Fiji farmers at the National Small Ruminant Field Day hosted by the Ministry of Agriculture & Waterways, as part of Pacific Partnership 2025, in Suva, Fiji, June 12, 2025. Training involved Fiji farmers and farmers from neighboring islands with topics including husbandry, herd management, and general veterinary care for sheep and goats. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Courtesy Asset)

Date Taken:	06.12.2025
Date Posted:	06.15.2025 05:44
Photo ID:	9113349
VIRIN:	250612-N-RM599-2127
Resolution:	1600×1200
Size:	365.73 KB
Location:	SUVA, FJ

Web Views:	13
Downloads:	0

PUBLIC DOMAIN

This work, Pacific Partnership 2025 Conducts Mission Stop in Suva, Fiji, June 12, 2025 [Image 7 of 7], by LCDR Andrew Bertucci, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright.

GALLERY

MORE LIKE THIS

CONTROLLED VOCABULARY KEYWORDS

MIL-OSI Security: COMLOG WESTPAC Holds Awards Ceremony June 12, 2025 [Image 1 of 6]

Source: United States Navy (Logistics Group Western Pacific)

Issued by: on

SINGAPORE (June 12, 2025) Capt. John-Paul Tamez, left, Deputy Commander, Logistics Group Western Pacific/Task Force 73 (COMLOG WESTPAC/CTF 73), presents the Navy and Marine Corps Achievement Medal to Lt. Michael Sanza, assigned to COMLOG WESTPAC/CTF 73, during an awards ceremony on Sembawang Naval Installation, June 12, 2025. COMLOG WESTPAC supports deployed surface units and aircraft carriers, along with regional Allies and partners, to facilitate patrols in the South China Sea, participation in naval exercises and responses to natural disasters. (U.S. Navy photo by Mass Communication Specialist 2nd Class Jordan Jennings)

Date Taken:	06.12.2025
Date Posted:	06.16.2025 20:31
Photo ID:	9116938
VIRIN:	250612-N-YV347-1004
Resolution:	7840×5227
Size:	30.62 MB
Location:	SG

Web Views:	0
Downloads:	0

PUBLIC DOMAIN

This work, COMLOG WESTPAC Holds Awards Ceremony June 12, 2025 [Image 6 of 6], by PO2 Jordan Jennings, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright.

GALLERY

MORE LIKE THIS

CONTROLLED VOCABULARY KEYWORDS

MIL-OSI Economics: ACP Statement on Senate Tax Package

Source: American Clean Power Association (ACP)

Headline: ACP Statement on Senate Tax Package

WASHINGTON, D.C., June 16, 2025 – The American Clean Power Association (ACP) issued the following statement from ACP CEO Jason Grumet after the Senate Finance Committee released draft legislative text as part of the Congressional reconciliation budget process:
“This evening, the Senate Finance Committee released proposed language that would increase household electricity bills and threaten hundreds of thousands of jobs across the country. While the Senate Finance Committee proposal eliminates poison pills from the House legislation, abrupt changes to the clean energy tax credits unnecessarily penalize companies that are making good faith investments under current law. The most immediate impact will be felt by consumers and companies facing increased energy bills. Absent reasonable timelines for businesses to adjust to increasing taxes, good paying jobs, technology innovation, and AI data centers will be driven overseas. As the legislation moves through the process, we look forward to working with the Senate on reasonable amendments that protect American jobs, strengthen our economy, and support U.S. energy dominance.”

MIL OSI Economics –

June 17, 2025

MIL-OSI United Kingdom: Inward investment success

Source: Scottish Government

Record share of UK projects secured despite global instabilities.

Nearly one in six inward investment projects in the UK last year were secured in Scotland, according to new data published by EY.

The record share of the market cements the country’s position as the UK’s top destination outside of London – for the tenth year in a row – while Aberdeen, Edinburgh and Glasgow remain among the top 10 UK cities for Foreign Direct Investment (FDI) projects outside of London.

Although the total number of new projects in Scotland fell back slightly (4.9%) from record numbers in 2023, it compares to a drop of 13% in the UK, 14% in France and 17% in Germany.

EY’s survey of global investors found that quarter of those planning to invest in the UK are targeting Scotland, maintaining the country’s long-standing position in investors’ eyes as the UK’s preferred FDI destination outside of London.

To mark the results, Deputy First Minister Kate Forbes visited the Glasgow offices of Canadian IT and business consulting services firm CGI Inc. which employs around 750 employees across its Glasgow, Edinburgh, Borders and Aberdeen offers.

The Deputy First Minister Kate Forbes said:

“Given the geopolitical uncertainties clearly affecting investor confidence across the world, this is an incredible endorsement of Scotland’s proposition as a destination for global investment.

“A huge amount of work, across both the private and public sectors, goes into securing these projects, which are vital for economic growth, job creation and bringing benefits across our towns and cities.

“From the likes of green aircraft engine ZeroAvia to ticketing hub Humanatix, 2025 is bringing further significant investment and exciting projects to Scotland. The Scottish Government will continue to work with businesses and our “Team Scotland” partners to continue building the country’s reputation as a world class location for foreign investment.”

Chief Executive of Scottish Enterprise Adrian Gillespie said:

“It’s fantastic to mark a decade of Scotland as the number one UK location for inward investment outside of London. Foreign direct investment unlocks innovation, creates jobs, and opens up new supply chain opportunities for Scottish companies.

“Our staff in over 30 offices around the world are vital to building these trusted relationships with potential inward investors, which can often take years to cultivate. This work is complemented by colleagues at home working with Team Scotland partners to build a package of support to bring these companies to Scotland.

“Scotland’s strengths in emerging technologies, including AI, are attracting new foreign investors, with US robotics and AI company LaunchPad Build opening an Edinburgh office last year. Together with Scotland’s historic reputation for financial services excellence, this is driving further investment, such as Australian fintech HALO opening its Glasgow operations centre last year.

“The global energy transition, and Scotland’s growing reputation in this area, continues to be a catalyst for innovation, with US headquartered ZeroAvia locating its manufacturing facility for hydrogen aviation engines next to Glasgow airport and Japanese sub-sea cable manufacturer Sumitomo breaking ground on its factory in Port of Nigg.”

CGI Senior Vice President, Scotland and Northern Ireland, said Lindsay McGranaghan:

“CGI has been working in Scotland for more than 10 years, and we find it an outstanding place to do business and grow talent. We have established offices in Glasgow, Edinburgh, Aberdeen and Tweedbank, and employ 750 staff – who we call partners – who support key sectors such as government, health, energy and higher education.

“Six years ago we expanded our presence with the opening of a new HQ in Glasgow, and we embrace the metro model of working – building a resource of Scottish-based partners who live and work in their local communities. We have also developed partnerships with a host of Scottish SMEs, helping small businesses grow while supporting regional economic development.

“As the UK’s leading FDI location outside London for a decade, Scotland’s resilience and appeal are clear. We are proud to play our part in that success, and look forward continuing to grow our business in Scotland.”

MIL OSI United Kingdom –

June 17, 2025

MIL-OSI: Kyro CFO Launches Flexible Fractional CFO Services to Support Growing Businesses

Source: GlobeNewswire (MIL-OSI)

NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — Kyro CFO announces the launch of its expanded fractional CFO services, providing strategic financial leadership to small and mid-sized businesses through flexible, cost-effective models. The firm offers outsourced CFO services, part-time CFO services, and virtual CFO services to help organizations optimize performance, manage growth, and navigate complex transitions.

Kyro CFO

“The fractional CFO model has evolved from a cost-saving measure to a strategic necessity in today’s business environment,” said Nelis Parts, Founder and CEO of Kyro CFO. “The surge in demand for fractional CFO services reflects businesses recognizing that sophisticated financial leadership is no longer a luxury—it’s essential for survival and growth.”

The need for high-level financial expertise is increasing as businesses face challenges such as outdated financial reporting, inefficient resource allocation, and operational strain during periods of expansion. Kyro CFO’s services address these gaps by delivering experienced C-suite financial leadership without the overhead of a full-time executive.

“Having strategic financial leadership shouldn’t be limited to companies that can afford $200,000+ executive salaries,” said Parts. “Our fractional model democratizes access to sophisticated financial expertise, enabling growing businesses to compete with larger organizations through superior financial intelligence and operational efficiency.”

Through its fractional CFO Services, Kyro CFO integrates senior financial professionals directly into client operations. These CFOs provide oversight in budgeting, forecasting, strategic planning, and performance analysis. The model offers flexibility in scope and duration, with services customized to each client’s operational stage and financial objectives. More information is available at https://www.kyrocfo.com/cfo-services.

Kyro CFO also supports clients with M&A Advisory Services, offering end-to-end transaction support for acquisitions, divestitures, and ownership transitions. The firm assists with valuation, due diligence, deal structuring, and integration planning, ensuring transactions align with long-term goals and minimize risk. Learn more at https://www.kyrocfo.com/ma-advisory.

Additionally, Kyro CFO provides Business Transformation Services that apply data-driven methods and automation to improve business operations. These services leverage artificial intelligence tools, integrated reporting systems, and cloud-based platforms to increase efficiency and create real-time financial visibility. Businesses can explore transformation solutions at https://www.kyrocfo.com/business-transformation.

“Financial leadership isn’t just about managing numbers—it’s about optimizing the operations that generate those numbers,” said Parts. “We analyze every aspect of our clients’ businesses to identify efficiency opportunities, eliminate waste, and maximize return on investment across all operational areas. Our methodology transforms complex financial data into actionable business intelligence, replacing intuition with insight and assumption with analysis.”

The firm’s structured five-step engagement process begins with a complimentary consultation, followed by a tailored needs analysis and service proposal. Once onboarded, clients receive immediate support in financial reporting, operational improvement, and strategic planning, with ongoing adjustments based on evolving business needs.

Kyro CFO’s approach is designed to provide growing businesses with the financial expertise needed to make timely, informed decisions and scale effectively.

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

Media Contact:

Nelis Parts
Kyro CFO
media@kyrocfo.com
https://www.kyrocfo.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d553ae56-b4ee-4596-9eb7-7202bdbbb6da

The MIL Network –

June 17, 2025

MIL-OSI United Kingdom: £250m for green aerospace projects ahead of Industrial Strategy

Source: United Kingdom – Executive Government & Departments

Press release

£250m for green aerospace projects ahead of Industrial Strategy

UK aerospace will be boosted by more than £250m funding for cutting-edge aerospace tech projects to drive greener air travel, ahead of the Paris Air Show.

Government announces over £250m joint industrial investment with industry for cutting-edge green aerospace tech projects at companies including Rolls-Royce, Airbus.
Industry Minister announces latest win for UK aerospace at Paris Air Show in run-up to launch of Government’s modern Industrial Strategy, which will turbocharge growth in advanced manufacturing and defence.
Announcement comes as new figures show UK aerospace sector supports 100,000 direct jobs and contributed £13.6bn to the economy in 2024, almost 50% up on 2014.

UK aerospace will be boosted by more than £250 million funding for cutting-edge aerospace tech projects to drive greener air travel, Industry Minister Sarah Jones will announce at the Paris Air Show today.

The combined funding from government and industry will drive forward the development of cutting-edge technologies that will help to secure the future of the UK’s aerospace sector. This includes advancements in gas turbines, hydrogen-powered flight and the use of laser technologies for large-scale aerostructure manufacturing.

It will help attract even more investment into the UK’s world-leading aerospace sector and support thousands of high-skilled jobs outside of London, delivering on the Government’s Plan for Change and helping grow the economy.

The announcement comes as new figures from the industry’s trade association ADS show the UK’s aerospace sector added £13.6 billion to the economy last year – an increase of almost 50 percent compared to 2014 – and supported 100,000 direct jobs.

It marks the latest win for the UK’s world-class aerospace sector in the run-up to the launch of the Government’s modern Industrial Strategy, which will target growth in the UK’s leading advanced manufacturing and defence sectors, and giving businesses the confidence they need to invest in the UK.

Industry Minister Sarah Jones said:

This government is backing aerospace. This investment will keep it at the forefront of innovation, not only delivering economic growth but boosting the charge to net zero 2030, two key pillars of our Plan for Change.

This is the latest win for British aerospace in the run-up to the launch of our Industrial Strategy, which will turbocharge growth in our advanced manufacturing and defence sectors to take them to new heights, bringing new high-skilled jobs to every corner of the UK.

During her visit to Paris Air Show – the world’s largest event for the civil aerospace sector – Minister Jones will tour the UK’s pavilion and meet with British companies exhibiting, before meeting with a wide range of leading aerospace companies, such as Airbus, Rolls-Royce and GKN.

The meetings will focus on encouraging even greater investment into British aerospace, promoting the UK’s world-class R&D offer on the global stage, and how government can support businesses to increase their manufacturing and operations in the UK.

Smaller and medium size businesses across the UK continue to benefit from the ATI Programme, with more than 302 receiving support since 2013, and another 19 investing over £22.8m in innovation in today’s announcement.

The UK aerospace sector had an annual turnover of £34 billion in 2024 and spent £1.9 billion on business R&D – a record level, driven by ongoing investment in both sustainable technology and market manufacturing technology to help ramp up UK production.

Rolls-Royce Director of Research & Technology Alan Newby said:

Gas turbines are an engine for growth for the UK economy. We welcome the recognition of the technology’s vital role from the Government in supporting both national and economic security.

Together, government and industry investment in future gas turbine technologies will enhance the UK’s global competitiveness and help secure UK jobs and exports for the decades ahead.

Airbus UK Chairman John Harrison said:

It’s terrific to see ATI funding allocated to projects like our ZeroE Development Centre (ZEDC) that will be built at Airbus Filton, and for DecSAM which builds on the industry’s additive manufacturing capabilities.

It’s initiatives like these that are absolutely critical to accelerating our decarbonisation journey and advancing sustainable, cutting-edge manufacturing. The continued ATI funding provides the UK aerospace industry with the confidence and stability it needs to fuel innovation.

Aerospace Technology Institute Chief Innovation Officer Paul Adams said:

Today’s funding announcement, including our dedicated small and medium-sized company grants, supports critical world-leading research – vital to ensuring UK aerospace companies continue to provide great jobs and growth in future, whilst delivering on our ambitious environmental goals. This is a huge vote of confidence in UK aerospace and in British aerospace companies.

Notes to editors

The ATI Programme is a joint government and industry investment. Its purpose is to competitively offer funding for research and technology development in the UK, to maintain and grow the UK’s competitive position in civil aerospace and accelerate the transition to net zero aviation.
The support announced today is from the £975 million between 2025 and 2030 allocated to the ATI Programme by the Government. This funding, matched by industry, provides continued stability for industry to invest in the UK, delivering economic growth, supporting high skilled jobs and advancing aviation’s challenging transition to net zero.
In total between 2013 and 2030, industry and government will invest over £5 billion developing transformational aircraft technology to secure and grow UK jobs and reduce harmful aviation emissions.

Specific investments announced are:

DRAGONFLY (Actuation Lab & Cranfield University)
This project is developing a special valve to control the flow of super-cold liquid hydrogen for future zero-emission aircraft. It aims to support cleaner aviation by improving hydrogen fuel systems.
STAR (Advanced Manufacturing & partners)
The STAR project is creating a new gas shielding device that removes the need for expensive argon chambers in manufacturing. This will lower costs and allow for the production of larger components.
REIT (AerospaceHV)
REIT is building test facilities to help certify electrical systems used in high-voltage aerospace machines. This will support the development of future electric aircraft.
PACE-AM (Alloyed & Brunel University)
This project is improving the use of strong aluminium alloys in 3D printing for aerospace parts. It aims to make aircraft components lighter and more efficient to produce.
HiRACOS (Carbon ThreeSixty & partners)
HiRACOS is developing fast and efficient composite materials for use in next-generation aircraft. The goal is to speed up production for advanced air mobility and narrowbody planes.
LoCAP (CKPD)
LoCAP is working on lightweight, non-metallic aircraft parts using new materials. This will help UK aerospace companies make better quality parts faster and at lower cost.
MACH2INE (Darvick & Cranfield University)
This project is creating machines to test materials used in hydrogen-powered aircraft. It will help ensure these materials are safe and reliable for flight.
SPCLH2 (Enoflex Ltd. & partners)
SPCLH2 is designing lightweight composite pipes to carry liquid hydrogen in aircraft, replacing heavy steel ones. These new pipes will reduce aircraft weight and improve fuel efficiency.
DAA (Hover Inc.)
DAA is developing smart onboard computers with AI for future autonomous and hybrid-electric aircraft. These systems will improve safety and performance.
GENACOM (iCOMAT & University of Sheffield)
GENACOM is creating new ways to design and build curved composite parts for aircraft using a patented process. This will result in lighter, more sustainable aerospace structures.
AAIFC (Luffy AI & University of Southampton)
This project is using AI to make flight control systems safer and more adaptable. It opens up new design possibilities for future aircraft.
MAMBA (NEMA LTD & University of Nottingham)
MAMBA is developing advanced magnetic bearings for aerospace use, which are more reliable and fault-tolerant. These will be tested in real-world turbo-compressor systems.
MB HeX FC (Qdot Technology & Atomik AM)
This project is using metal 3D printing to improve radiators and heat exchangers in hydrogen fuel-cell aircraft. The goal is to make these systems more efficient and compact.
FEEAD (Scintam Engineering)
FEEAD is improving a machining technique to safely remove stuck fasteners during aircraft engine maintenance. This will make repairs quicker and safer.
Sora Aero (Sora Aviation & Universities of Bristol and Manchester)
Sora Aero is developing AI-powered tools to simulate how aircraft behave in flight. These tools will help design better zero-emission aircraft.
BatWing (Sora Aviation & University of Bath)
BatWing is creating lightweight battery packs and new ways to safely attach them to aircraft wings. This supports the move to electric-powered flight.
MEFSVS (Ultima Forma & GKN Aerospace)
MEFSVS is replacing heavy outer jackets on hydrogen fuel tanks with lighter, advanced materials. This will reduce aircraft weight and simplify manufacturing.
SPARR (Zero Emissions Aerospace Ltd. & partners)
SPARR is developing a hydrogen propulsion system for various aircraft types, including airships and eVTOLs. It aims to cut emissions and lower operating costs.

Published 17 June 2025

MIL OSI United Kingdom –

June 17, 2025

MIL-OSI New Zealand: New Zealand hosts Asia Pacific privacy regulators

Source: Privacy Commissioner

16 Jun 2025, 09:00

Privacy authorities from 14 jurisdictions met last week to share information on emerging technology and challenges to privacy regulation.

The Asia Pacific Privacy Authorities (APPA) Forum provides privacy authorities in our region with an opportunity to form partnerships and to discuss best practices.

Privacy Commissioner Michael Webster, who chaired the two-day forum, says it’s important that common privacy issues and challenges can be discussed with other privacy authorities.

“The APPA Forum is a great way to learn about the efforts other jurisdictions are making to anticipate and regulate global privacy disruptors such as AI and biometrics, as well as exchanging ideas about privacy regulation and the management of privacy breaches.”

“Emerging technologies are an issue we all face, and there are several different approaches to how the associated privacy challenges are managed. The APPA Forum helps us all learn from our various experiences.”

Issues discussed at APPA 63 included Artificial Intelligence, the use of biometrics for retail crime and public safety, and the importance of ensuring privacy regulation is fit for purpose in the digital age.

APPA was formed in 1992 and is the principal forum for privacy and data protection authorities in the Asia Pacific region. Members meet twice a year to discuss and focus on different topical issues. Each year one of the forums is virtual, and one is in person. New Zealand hosted the 2025 virtual forum (APPA 63) on 11-12 June.

Past topics discussed include cross-border privacy rules, children’s online privacy, employee surveillance, artificial intelligence, and privacy-enhancing technologies.

The 14 jurisdictions that attended APPA 63 were Australia and the states of New South Wales, Victoria and Queensland, Canada and the state of British Columbia, the Hong Kong and Macao special administrative regions of China, Japan, Korea, New Zealand, Philippines, Singapore and the state of California from the United States of America.

The full communique for APPA 63 is available here.

MIL OSI New Zealand News –

June 17, 2025

MIL-OSI: DRML Miner Introduces Renewable Energy-Powered Cloud Mining Platform

Source: GlobeNewswire (MIL-OSI)

New York, NY, June 16, 2025 (GLOBE NEWSWIRE) — New AI-Driven Mining Infrastructure Aims to Simplify Access to Crypto Mining and Promote Sustainable Practices

June 16, 2025 – DRML Miner, an AI-driven cloud mining company, has announced the launch of its latest platform designed to provide access to cryptocurrency mining through renewable energy sources.

The platform allows users to participate in cloud mining remotely by renting computing power, eliminating the need for maintaining physical mining equipment. This approach aims to make cryptocurrency mining more accessible to a wider audience while reducing environmental impact.

According to DRML Miner, the platform is supported by over 100 mining farms worldwide and utilizes more than 500,000 mining machines. All operations are powered by renewable energy, aligning with the company’s commitment to sustainability and efficient blockchain operations.

The platform currently supports mining of major digital assets, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), and several stablecoins. The company reports daily payout functionality and zero service fees as standard features.

As part of its launch, DRML Miner has introduced a promotional initiative valued at $30,000, available to both new and existing users. A referral mechanism also enables participants to share in earnings when introducing others to the platform.

Key Benefits Include:

Daily payouts with high ROI contracts
Up to $5,000+ in passive income per day
Instant $10 signup bonus
No hardware, no maintenance, no hidden fees
Secure operations protected by McAfee® and Cloudflare®
Support for 11+ cryptocurrencies, including BTC, ETH, DOGE, SOL, and USDT

About DRML Miner
DRML Miner is a technology-focused company offering AI-powered cloud mining services. The organization is dedicated to reducing barriers to entry in cryptocurrency mining and emphasizes the use of renewable energy to foster a more sustainable digital economy.

Disclaimer:
The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

The MIL Network –

June 17, 2025

MIL-OSI USA: Senator Collins Speaks at Northern Light Health Rural Dementia Training Program

US Senate News:

Source: United States Senator for Maine Susan Collins

June 13, 2025

Click HERE and HERE for individual photos.

Orono, ME – Today, U.S. Senator Susan Collins delivered remarks at the Northern Light Health Maine Rural Dementia Training Program at the University of Maine. More than 100 medical professionals from across the state were in attendance for the all-day program, which trains rural medical professionals, caregivers, and social workers to care for patients with dementia in outpatient and hospital-based settings. Maine, being one of the oldest and most rural states in the nation, faces a high prevalence of age-associated cognitive disorders and limited access to dementia specialists.

“Far too many of us know the pain of having a loved one stricken by dementia, including Alzheimer’s. I’ve seen it in my own family, and I understand how devastating these diseases can be,” said Senator Collins during her remarks. “In our large rural state, it can be difficult to secure an accurate, early diagnosis and a plan for care. That’s why I worked hard to secure funding for this important training program to help ensure families across Maine can access the care they need.”

Last year, through her role on the Senate Appropriations Committee, Senator Collins secured more than $1.3 million in Congressionally Directed Spending for Northern Light Acadia Hospital to create the Rural Dementia Training Program.

This week, Senator Collins delivered remarks at the 2025 Alzheimer’s Impact Movement (AIM) Advocacy Forum in Washington. In her remarks, Senator Collins highlighted her successful legislative efforts to advance Alzheimer’s research, prevention, and treatment. In the 118th Congress, there were 1,868 standalone health care bills introduced in both the U.S. Senate and the U.S. House of Representatives. Of those bills, only 15 passed both chambers and were signed into law. U.S. Senator Susan Collins led or co-led 5 of those 15 bills to passage with strong bipartisan support, and 3 of those 5 bills dealt directly with brain health. Those bills were the National Alzheimer’s Project Act (NAPA), the Building Our Largest Dementia (BOLD) Infrastructure for Alzheimer’s Act, and the Alzheimer’s Accountability and Investment Act.

MIL OSI USA News –

June 17, 2025

MIL-OSI USA: Senator Collins Speaks at Northern Light Health Rural Dementia Training Program

US Senate News:

Source: United States Senator for Maine Susan Collins

June 13, 2025

Click HERE and HERE for individual photos.

Orono, ME – Today, U.S. Senator Susan Collins delivered remarks at the Northern Light Health Maine Rural Dementia Training Program at the University of Maine. More than 100 medical professionals from across the state were in attendance for the all-day program, which trains rural medical professionals, caregivers, and social workers to care for patients with dementia in outpatient and hospital-based settings. Maine, being one of the oldest and most rural states in the nation, faces a high prevalence of age-associated cognitive disorders and limited access to dementia specialists.

“Far too many of us know the pain of having a loved one stricken by dementia, including Alzheimer’s. I’ve seen it in my own family, and I understand how devastating these diseases can be,” said Senator Collins during her remarks. “In our large rural state, it can be difficult to secure an accurate, early diagnosis and a plan for care. That’s why I worked hard to secure funding for this important training program to help ensure families across Maine can access the care they need.”

Last year, through her role on the Senate Appropriations Committee, Senator Collins secured more than $1.3 million in Congressionally Directed Spending for Northern Light Acadia Hospital to create the Rural Dementia Training Program.

This week, Senator Collins delivered remarks at the 2025 Alzheimer’s Impact Movement (AIM) Advocacy Forum in Washington. In her remarks, Senator Collins highlighted her successful legislative efforts to advance Alzheimer’s research, prevention, and treatment. In the 118th Congress, there were 1,868 standalone health care bills introduced in both the U.S. Senate and the U.S. House of Representatives. Of those bills, only 15 passed both chambers and were signed into law. U.S. Senator Susan Collins led or co-led 5 of those 15 bills to passage with strong bipartisan support, and 3 of those 5 bills dealt directly with brain health. Those bills were the National Alzheimer’s Project Act (NAPA), the Building Our Largest Dementia (BOLD) Infrastructure for Alzheimer’s Act, and the Alzheimer’s Accountability and Investment Act.

MIL OSI USA News –

June 17, 2025

MIL-OSI: XRP Nears $3: PFMCrypto Unveils 48-Hour Mining Blitz With $1M Reward Pool to Celebrate Token Momentum

Source: GlobeNewswire (MIL-OSI)

LOS ANGELES, June 16, 2025 (GLOBE NEWSWIRE) — As XRP edges closer to the anticipated $3 milestone this June, global cloud mining leader PFMCrypto has launched a high-impact, two-day XRP mining promotion. This 48-hour campaign includes a $1 million XRP giveaway, aiming to reward users and leverage the growing excitement around XRP’s bullish trajectory.

Highlights of the Limited-Time XRP Campaign:
– Intensive 48-Hour Mining Window: Designed for accelerated gains, users can mine XRP in a time-optimized format.
– $1M in XRP Rewards: With structured reward tiers of $35 / $1,800 / $4,800, PFMCrypto is incentivizing both new and existing miners to participate.
– Enhanced Daily Yields: Participants will enjoy higher-than-usual mining returns for the duration of the promotion.

Campaign Link: https://pfmcrypto.net

Smart Mining Meets Market Timing: AI-Powered XRP Mining from PFMCrypto
The company’s mining infrastructure, powered by artificial intelligence, is engineered for efficiency and ease. Supporting major assets like BTC, LTC, DOGE, and XRP, PFMCrypto enables users to mine cryptocurrencies without investing in equipment or managing technical operations. Its intelligent algorithms optimize hash power in real time to deliver consistent returns.

Why PFMCrypto Is the Go-To Choice for XRP Mining Beginners and Veterans Alike:
– No Equipment Required: Access institutional-grade mining capacity instantly.
– Zero Maintenance Fees: PFMCrypto handles electricity, cooling, and hardware upkeep—users simply activate their plans.
– $10 Welcome Bonus: Every new user receives a sign-up reward and daily login incentives.
– Daily Payouts + Capital Security: Users earn daily income, with the principal returned upon contract maturity.

Claim your bonus and start earning now → Join PFMCrypto

Why This Campaign Matters Now: XRP’s Ascent to $3
Crypto analysts are increasingly optimistic about XRP, pointing to growing institutional use and clearer regulatory frameworks. Many believe a breakout beyond $3 is imminent. PFMCrypto’s CEO commented:
“We believe XRP is at a pivotal turning point. This campaign is our way to empower the community, allowing everyone to ride this wave of opportunity together.”

PFMCrypto’s Cloud Contracts: Verified by Results, Not Hype
With the rollout of the special 2-day XRP contract, PFMCrypto opens the door to its high-efficiency cloud mining backbone at no additional cost. Trusted by over 9.2 million users across 192 countries, the company’s historical performance speaks for itself:
2-Day Contract: +6.6% ROI
5-Day Contract: +6.15% ROI
15-Day Contract: +20.7% ROI
30-Day Contract: +55.6% ROI
These figures reflect real user outcomes, powered by AI-driven optimization and market-responsive strategies.

Browse full contract options → Explore Plans

How to Get Started with XRP Cloud Mining on PFMCrypto:
1. Register: Sign up and get an instant $10 bonus. Earn $0.60 daily by simply logging in.
2. Choose Your Plan: From short-term to long-range strategies, select the mining contract that suits your goals.
3. Start Mining: Once activated, PFMCrypto automates all processes—yielding hassle-free, steady earnings.

About PFMCrypto
Founded in 2018, PFMCrypto is a pioneer in decentralized mining solutions, offering a comprehensive platform for passive income through cryptocurrency. With over $1 billion in payouts distributed and operations across Asia, Europe, and North America, PFMCrypto continues to drive innovation in cloud mining. Its seamless, user-first model empowers both casual investors and institutional players.

Learn more and begin mining XRP at: https://pfmcrypto.net

Media Contact:

Amelia Elspeth
PFMcrypto
info@pfmcrypto.net

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9bd6c8f1-eb54-4b74-b6cf-fffc307ca10d

https://www.globenewswire.com/NewsRoom/AttachmentNg/84849ab4-58c8-4a94-9671-1e41e416a21a

The MIL Network –

June 17, 2025

MIL-OSI: XRP Nears $3: PFMCrypto Unveils 48-Hour Mining Blitz With $1M Reward Pool to Celebrate Token Momentum

Source: GlobeNewswire (MIL-OSI)

LOS ANGELES, June 16, 2025 (GLOBE NEWSWIRE) — As XRP edges closer to the anticipated $3 milestone this June, global cloud mining leader PFMCrypto has launched a high-impact, two-day XRP mining promotion. This 48-hour campaign includes a $1 million XRP giveaway, aiming to reward users and leverage the growing excitement around XRP’s bullish trajectory.

Highlights of the Limited-Time XRP Campaign:
– Intensive 48-Hour Mining Window: Designed for accelerated gains, users can mine XRP in a time-optimized format.
– $1M in XRP Rewards: With structured reward tiers of $35 / $1,800 / $4,800, PFMCrypto is incentivizing both new and existing miners to participate.
– Enhanced Daily Yields: Participants will enjoy higher-than-usual mining returns for the duration of the promotion.

Campaign Link: https://pfmcrypto.net

Smart Mining Meets Market Timing: AI-Powered XRP Mining from PFMCrypto
The company’s mining infrastructure, powered by artificial intelligence, is engineered for efficiency and ease. Supporting major assets like BTC, LTC, DOGE, and XRP, PFMCrypto enables users to mine cryptocurrencies without investing in equipment or managing technical operations. Its intelligent algorithms optimize hash power in real time to deliver consistent returns.

Why PFMCrypto Is the Go-To Choice for XRP Mining Beginners and Veterans Alike:
– No Equipment Required: Access institutional-grade mining capacity instantly.
– Zero Maintenance Fees: PFMCrypto handles electricity, cooling, and hardware upkeep—users simply activate their plans.
– $10 Welcome Bonus: Every new user receives a sign-up reward and daily login incentives.
– Daily Payouts + Capital Security: Users earn daily income, with the principal returned upon contract maturity.

Claim your bonus and start earning now → Join PFMCrypto

Why This Campaign Matters Now: XRP’s Ascent to $3
Crypto analysts are increasingly optimistic about XRP, pointing to growing institutional use and clearer regulatory frameworks. Many believe a breakout beyond $3 is imminent. PFMCrypto’s CEO commented:
“We believe XRP is at a pivotal turning point. This campaign is our way to empower the community, allowing everyone to ride this wave of opportunity together.”

PFMCrypto’s Cloud Contracts: Verified by Results, Not Hype
With the rollout of the special 2-day XRP contract, PFMCrypto opens the door to its high-efficiency cloud mining backbone at no additional cost. Trusted by over 9.2 million users across 192 countries, the company’s historical performance speaks for itself:
2-Day Contract: +6.6% ROI
5-Day Contract: +6.15% ROI
15-Day Contract: +20.7% ROI
30-Day Contract: +55.6% ROI
These figures reflect real user outcomes, powered by AI-driven optimization and market-responsive strategies.

Browse full contract options → Explore Plans

How to Get Started with XRP Cloud Mining on PFMCrypto:
1. Register: Sign up and get an instant $10 bonus. Earn $0.60 daily by simply logging in.
2. Choose Your Plan: From short-term to long-range strategies, select the mining contract that suits your goals.
3. Start Mining: Once activated, PFMCrypto automates all processes—yielding hassle-free, steady earnings.

About PFMCrypto
Founded in 2018, PFMCrypto is a pioneer in decentralized mining solutions, offering a comprehensive platform for passive income through cryptocurrency. With over $1 billion in payouts distributed and operations across Asia, Europe, and North America, PFMCrypto continues to drive innovation in cloud mining. Its seamless, user-first model empowers both casual investors and institutional players.

Learn more and begin mining XRP at: https://pfmcrypto.net

Media Contact:

Amelia Elspeth
PFMcrypto
info@pfmcrypto.net

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9bd6c8f1-eb54-4b74-b6cf-fffc307ca10d

https://www.globenewswire.com/NewsRoom/AttachmentNg/84849ab4-58c8-4a94-9671-1e41e416a21a

The MIL Network –

June 17, 2025

MIL-OSI: Nasdaq Announces Results from 2025 Annual Meeting of Shareholders

Source: GlobeNewswire (MIL-OSI)

All 12 Nominated Directors Elected

Nasdaq Board Re-elects Adena T. Friedman as Chair of the Board

NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) shareholders elected all nominated directors at the company’s Annual Meeting of Shareholders on Wednesday, June 11, 2025. All directors will serve one-year terms. The elected board members are:

Melissa M. Arnoldi, EVP and General Manager for Business Solutions, AT&T Inc.
Charlene T. Begley, Retired SVP and CIO, General Electric Company
Adena T. Friedman, Chair and CEO, Nasdaq
Essa Kazim, Governor, Dubai International Financial Centre
Thomas A. Kloet, Retired CEO and Executive Director, TMX Group Limited
Kathryn A. Koch, President and CEO, The TCW Group, Inc.
Holden Spaht, Managing Partner, Thoma Bravo
Michael R. Splinter, Retired Chairman and CEO, Applied Materials, Inc.
Johan Torgeby, President and CEO, Skandinaviska Enskilda Banken (SEB)
Toni Townes-Whitley, CEO, Science Applications International Corp. (SAIC)
Jeffery W. Yabuki, Chairman and CEO, InvestCloud; Chairman and Founding Partner, Motive Partners
Alfred W. Zollar, Former Executive Partner, Siris Capital Group, LLC

The Nasdaq Board of Directors also re-elected Adena T. Friedman as Chair of the Board for a one-year term.

In addition, Nasdaq shareholders approved the following proposals:

The company’s executive compensation on an advisory basis;
Ratification of the appointment of Ernst & Young LLP as Nasdaq’s independent registered public accounting firm for the fiscal year ending December 31, 2025; and
An amendment to Nasdaq’s Amended and Restated Certificate of Incorporation to allow for the limited exculpation of officers of Nasdaq.

For additional information on Nasdaq’s corporate governance, please visit: https://ir.nasdaq.com/corporate-governance/nasdaq-inc/board-of-directors.

About Nasdaq:

Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

Nasdaq Media Contact:

Nick Jannuzzi
+1.973.760.1741
Nicholas.Jannuzzi@Nasdaq.com

Investor Relations Contact:

Ato Garrett
+1.212.401.8737
Ato.Garrett@Nasdaq.com

-NDAQF-

The MIL Network –

June 17, 2025

MIL-OSI: Nasdaq Announces Results from 2025 Annual Meeting of Shareholders

Source: GlobeNewswire (MIL-OSI)

All 12 Nominated Directors Elected

Nasdaq Board Re-elects Adena T. Friedman as Chair of the Board

NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) shareholders elected all nominated directors at the company’s Annual Meeting of Shareholders on Wednesday, June 11, 2025. All directors will serve one-year terms. The elected board members are:

Melissa M. Arnoldi, EVP and General Manager for Business Solutions, AT&T Inc.
Charlene T. Begley, Retired SVP and CIO, General Electric Company
Adena T. Friedman, Chair and CEO, Nasdaq
Essa Kazim, Governor, Dubai International Financial Centre
Thomas A. Kloet, Retired CEO and Executive Director, TMX Group Limited
Kathryn A. Koch, President and CEO, The TCW Group, Inc.
Holden Spaht, Managing Partner, Thoma Bravo
Michael R. Splinter, Retired Chairman and CEO, Applied Materials, Inc.
Johan Torgeby, President and CEO, Skandinaviska Enskilda Banken (SEB)
Toni Townes-Whitley, CEO, Science Applications International Corp. (SAIC)
Jeffery W. Yabuki, Chairman and CEO, InvestCloud; Chairman and Founding Partner, Motive Partners
Alfred W. Zollar, Former Executive Partner, Siris Capital Group, LLC

The Nasdaq Board of Directors also re-elected Adena T. Friedman as Chair of the Board for a one-year term.

In addition, Nasdaq shareholders approved the following proposals:

The company’s executive compensation on an advisory basis;
Ratification of the appointment of Ernst & Young LLP as Nasdaq’s independent registered public accounting firm for the fiscal year ending December 31, 2025; and
An amendment to Nasdaq’s Amended and Restated Certificate of Incorporation to allow for the limited exculpation of officers of Nasdaq.

For additional information on Nasdaq’s corporate governance, please visit: https://ir.nasdaq.com/corporate-governance/nasdaq-inc/board-of-directors.

About Nasdaq:

Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

Nasdaq Media Contact:

Nick Jannuzzi
+1.973.760.1741
Nicholas.Jannuzzi@Nasdaq.com

Investor Relations Contact:

Ato Garrett
+1.212.401.8737
Ato.Garrett@Nasdaq.com

-NDAQF-

The MIL Network –

June 17, 2025

MIL-OSI: Reliance Global Submits Request for Withdrawal of Form S-1 Registration Statement

Source: GlobeNewswire (MIL-OSI)

LAKEWOOD, N.J., June 16, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“we,” “us,” “our” or the “Company”), today announced that it has filed a request for withdrawal with the Securities and Exchange Commission (the “SEC”) of the Company’s Registration Statement on Form S-1 (No. 333-284218), originally filed January 10, 2025 (as amended, the “Registration Statement”), as the Company no longer intends to pursue a public offering under the Registration Statement at this time. The Registration Statement has not been declared effective by the SEC, and no securities have been sold in connection with the offering described in the Registration Statement.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Company’s common stock or any securities, and there shall not be any offer, solicitation or sale of securities mentioned in the press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of such any state or jurisdiction.

About Reliance Global Group, Inc.

Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, but are not limited to, statements regarding:

Our future financial condition and operating results;
Our plans, objectives, expectations and intentions with respect to future operations, products and services;
Our ability to execute the planned withdrawal of the Registration Statement on Form S-1;
The development and growth of our RELI Exchange and 5minuteinsure.com platforms;
The expansion and performance of our portfolio of retail “brick-and-mortar” insurance agencies;
Our ability to maintain compliance with Nasdaq’s continued listing requirements; and
Other statements identified by the words noted above;

These forward-looking statements are based on a number of assumptions, including the assumptions that: we will complete the withdrawal process without unexpected delay; our AI-driven underwriting and cloud-based systems will perform as anticipated; demand for our InsurTech solutions will continue to grow; we will remain in compliance with applicable insurance regulations and Nasdaq listing rules; and there will be no material adverse changes in our relationships with agency partners or service providers. There can be no assurance that these assumptions will prove correct. There are numerous risks and uncertainties that may cause actual results or performance to differ materially from those expressed in these forward-looking statements. These include, among others: delays or failure to complete the withdrawal; inability to execute our growth plans for RELI Exchange or 5minuteinsure.com; competitive and regulatory challenges faced by our retail agency operations; fluctuations in our stock price or failure to maintain Nasdaq compliance; and the other factors described in the “Risk Factors” section of our Registration Statement and in other reports we file with the Securities and Exchange Commission. The foregoing list of factors is not exhaustive. You should carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and the other reports we have filed or will file with the SEC for a more complete discussion of risks and uncertainties. Except as required by law, Reliance Global Group, Inc. disclaims any obligation to update or revise any forward-looking statements, which speak only as of the date of this press release.

Contact:

Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Email: RELI@crescendo-ir.com

The MIL Network –

June 17, 2025

MIL-OSI: Zeo Energy Corp. Reports First Quarter 2025 Financial Results

Source: GlobeNewswire (MIL-OSI)

NEW PORT RICHEY, Fla., June 16, 2025 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the first quarter ended March 31, 2025.

Recent Operational Highlights

Entered into a definitive agreement to acquire Heliogen, a provider of on-demand clean energy technology solutions, allowing the company to establish a division focused on long-duration energy generation and storage for commercial and industrial-scale facilities, including artificial intelligence (AI) and cloud computing data centers.
Recruited and retained adequate staff ahead of the peak summer sales season.

Management Commentary
“In the first quarter of 2025, we continued to navigate the challenging solar market and successfully generated $8.8 million of revenue,” said Zeo Energy Corp. CEO Tim Bridgewater. “As announced last month, we were able to take advantage of the softer sector conditions by entering into a definitive agreement to acquire Heliogen. We believe that this proposed acquisition positions us to expand beyond traditional residential solar and into adjacent clean energy verticals with long-term upside. This move will also enhance our balance sheet and diversify our revenue base going forward.”

“As anticipated, in Q1 we experienced a slowdown due to the seasonality of our intensive summer sales model. This slowdown was exacerbated by the current high-interest rate environment. We’ve maintained our strategic focus during this period, streamlining operations and strengthening our sales team ahead of the critical summer season that is now underway. Looking ahead, we remain confident in our full-year outlook. We expect meaningful improvement in the latter half of the year as market activity increases.”

First Quarter 2025 Financial Results

Results compare the 2025 first quarter ended March 31, 2025 to the 2024 first quarter ended March 31, 2024.

Total revenue was $8.8 million in Q1 2025, a 56.4% decrease from $20.1 million in the comparable 2024 period. The decrease was primarily due to higher interest rates creating a challenging environment for residential solar direct sales.
Gross profit decreased to $3.8 million (43.0% of total revenue) in Q1 2025 from $6.0 million (29.9% of total revenue) in the comparable 2024 period. The decrease was driven in part by the decrease in sales compared to the prior period. The improvement in gross profit as a percentage of revenue was the result of improved operational efficiencies in labor and a reduction in materials costs.
Net loss for Q1 2025 was $13.3 million compared to $4.1 million in the comparable 2024 period. The decrease is primarily due to a decrease in overall sales for the period.
Adjusted EBITDA, a non-GAAP measurement of operating performance reconciled below, decreased to $(6.4) million (72.3% of total revenue) in Q1 2024 from approximately $(0.5) million (2.3% of total revenue) in the comparable 2024 period. The change was primarily related to the change in net loss.

For more information, please visit the Zeo Energy Corp. investor relations website at investors.zeoenergy.com.

About Zeo Energy Corp.

Zeo Energy Corp. is a Florida-based provider of residential solar, distributed energy, and energy efficiency solutions. Zeo focuses on high-growth markets with limited competitive saturation. With its differentiated sales approach and vertically integrated offerings, Zeo, through its Sunergy Solar business unit, serves customers who desire to reduce high energy bills and contribute to a more sustainable future. For more information on Zeo Energy Corp., please visit www.zeoenergy.com.

Non-GAAP Financial Measures

Adjusted EBITDA
Zeo Energy defines Adjusted EBITDA, a non-GAAP financial measure, as net income (loss) before interest and other expenses, net, income tax expense, and depreciation and amortization, as adjusted to exclude stock-based compensation. Zeo utilizes Adjusted EBITDA as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of Zeo’s results of operations to other companies in the industry. Adjusted EBITDA should not be viewed as a substitute for net loss calculated in accordance with GAAP, and other companies may define Adjusted EBITDA differently.

The following table provides a reconciliation of net income (loss) to Adjusted EBITDA for the periods presented:


	Three months Ended March 31,
	2025				2024
Net income (loss)	$	(13,319,363	)		$	(4,107,102	)
Adjustment:
Other income, net		(82,363	)			0
Change in fair value of warrant liabilities		(663,449	)			138,000.00
Interest expense		30,277				35,222
Income tax benefit		523,500				(114,668.00	)
Stock compensation		2,257,139				3,118,584.00
Depreciation and amortization		4,900,729				459,529

Adjusted EBITDA		(6,353,530	)			(470,435	)

Net income (loss) margin		(151.6	)	%		(20.4	)	%

Adjusted EBITDA margin		(72.3	)	%		(2.3	)	%

Adjusted EBITDA Margin

Zeo Energy defines Adjusted EBITDA margin, a non-GAAP financial measure, expressed as a percentage, as the ratio of Adjusted EBITDA to revenue, net. Adjusted EBITDA margin measures net income (loss) before interest and other expenses, net, income tax expense, depreciation and amortization, as adjusted to exclude stock-based compensation and is expressed as a percentage of revenue. In the table above, Adjusted EBITDA is reconciled to the most comparable GAAP measure, net income (loss). Zeo utilizes Adjusted EBITDA margin as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of the Company’s results of operations to other companies in Zeo’s industry.

The following table sets forth Zeo’s calculations of Adjusted EBITDA margin for the periods presented:


	Three months Ended March 31,
	2025				2024
Total Revenue	$	8,783,695			$	20,142,156

Adjusted EBITDA		(6,353,530	)			(470,435	)

Adjusted EBITDA margin		(72.3	)	%		(2.3	)	%

Forward-Looking Statements

This news release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to the Company. Such statements may include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the future financial performance of the Company; the ability to effectively consolidate the assets of Lumio and produce the expected results; changes in the Company’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, the ability to raise additional funds, and plans and objectives of management. These forward-looking statements are based on information available as of the date of this news release, and current expectations, forecasts, and assumptions, and involve a number of judgments, risks, and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date, and the Company does not undertake any obligation to update such forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, the Company’s actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: (i) the outcome of any legal proceedings that may be instituted against the Company or others; (ii) the Company’s success in retaining or recruiting, or changes required in, its officers, key employees, or directors; (iii) the Company’s ability to maintain the listing of its common stock and warrants on Nasdaq; (iv) limited liquidity and trading of the Company’s securities; (v) geopolitical risk and changes in applicable laws or regulations, including tariffs or trade restrictions; (vi) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (vii) operational risk; (viii) litigation and regulatory enforcement risks, including the diversion of management time and attention and the additional costs and demands on the Company’s resources; (ix) the Company’s ability to effectively consolidate the assets of Lumio and produce the expected results; and (x) other risks and uncertainties, including those included under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) for the year ended December 31, 2024 and in its subsequent periodic reports and other filings with the SEC.

In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by the Company, its respective directors, officers or employees or any other person that the Company will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this news release represent the views of the Company as of the date of this news release. Subsequent events and developments may cause that view to change. However, while the Company may elect to update these forward-looking statements at some point in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of the Company as of any date subsequent to the date of this news release.

Zeo Energy Corp. Contacts

For Investors:
Tom Colton and Greg Bradbury
Gateway Group
ZEO@gateway-grp.com

For Media:
Zach Kadletz
Gateway Group
ZEO@gateway-grp.com

-Financial Tables to Follow-

ZEO ENERGY CORP. CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited)
	As of March 31,			As of December 31,
		2025			2024
Assets
Current assets
Cash and cash equivalents	$	2,894,103		$	5,634,115
Accounts receivable, including $286,103 and $191,662 from related parties, net of allowance for credit losses of $4,703,905 and $1,165,336, as of March 31, 2025 and December 31, 2024, respectively		4,999,508			10,186,543
Inventories		847,395			872,470
Contract assets		577,398			64,202
Prepaid expenses and other current assets		936,673			2,131,345
Total current assets		10,255,077			18,888,675
Other assets		113,591			314,426
Property, equipment and other fixed assets, net		2,629,283			2,475,963
Right of use operating lease assets		1,087,496			1,268,139
Right of use financing lease assets		412,893			447,012
Intangibles, net		2,938,804			7,571,156
Note receivable – related party		3,000,000			3,000,000
Goodwill		27,010,745			27,010,745
Total assets	$	47,447,889		$	60,976,116

Liabilities, redeemable noncontrolling interest and stockholders’ (deficit) equity
Current liabilities
Accounts payable	$	3,569,632		$	2,780,885
Accrued expenses and other current liabilities, including $2,320,129 and $3,359,101 with related parties at March 31, 2025 and December 31, 2024, respectively		6,581,799			8,540,188
Current portion of long-term debt		301,091			291,036
Current portion of obligations under operating leases		555,672			583,429
Current portion of obligations under financing leases		133,408			130,464
Convertible promissory note		2,455,000			2,440,000
Contract liabilities, including $0 and $2,000 with related parties as of March 31, 2025 and December 31, 2024, respectively		119,417			203,607
Total current liabilities		13,716,019			14,969,609
Obligations under operating leases, non-current		662,291			799,385
Obligations under financing leases, non-current		314,167			348,807
Warrant liabilities		785,551			1,449,000
Long-term debt		414,268			496,623
Total liabilities		15,892,296			18,063,424

Commitments and contingencies (Note 14)

Redeemable noncontrolling interests
Convertible preferred units, 1,500,000 units issued and outstanding as of March 31, 2025 and December 31, 2024, respectively		16,536,108			16,130,871
Class B Units		38,097,300			115,693,900

Stockholders’ equity
Class V common stock, $0.0001 par value, 100,000,000 authorized shares; 26,730,000 and 35,230,000 shares issued and outstanding as of March 31, 2025, and December 31, 2024, respectively		2,673			3,523
Class A common stock, $0.0001 par value, 300,000,000 authorized shares; 21,796,464 and 13,252,964 shares issued and outstanding as of March 31, 2025, and December 31, 2023, respectively		2,180			1,326
Additional paid in capital		16,486,224			14,523,963
Accumulated deficit		(39,568,892	)		(103,440,891	)
Total stockholders’ deficit		(23,077,815	)		(88,912,079	)
Total liabilities, redeemable noncontrolling interests and stockholders’ (deficit) equity	$	47,447,889		$	60,976,116

ZEO ENERGY CORP. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
	Three months ended March 31,
	2025			2024
Revenue, net	$	6,216,391		$	11,329,387
Related party revenue, net		2,567,304			8,812,769
Total revenue		8,783,695			20,142,156
Operating costs and expenses:
Cost of goods sold (exclusive of items shown below)		4,789,679			13,957,966
Depreciation and amortization		4,900,729			459,529
Sales and marketing		2,137,092			6,553,787
General and administrative		10,467,593			3,219,422
Total operating expenses		22,295,093			24,190,704
(Loss) income from operations		(13,511,398	)		(4,048,548	)
Other (expenses) income, net:
Other income, net		82,363			–
Change in fair value of warrant liabilities		663,449			(138,000	)
Interest expense		(30,277	)		(35,222	)
Total other expense, net		715,535			(173,222	)
Net (loss) income before taxes		(12,795,863	)		(4,221,770	)
Income tax (expense) benefit		(523,500	)		114,668
Net (loss) income		(13,319,363	)		(4,107,102	)
Net (loss) attributable to Sunergy Renewables LLC prior to the Business Combination		–			(523,681	)
Net (loss) income subsequent to the Business Combination		(13,319,363	)		(3,583,421	)
Net (loss) income attributable to redeemable non-controlling interests		(6,958,098	)		(2,051,930	)
Net (loss) income attributable to Class A common stock	$	(6,361,265	)	$	(1,531,491	)

Basic and diluted net (loss) income per common unit	$	(0.48	)	$	(1.54	)
Weighted average units outstanding, basic and diluted		13,252,964			994,345

ZEO ENERGY CORP. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
	Three Months Ended March 31,
	2025			2024
Cash Flows from Operating Activities
Net (loss) income	$	(13,319,363	)	$	(4,107,102	)
Adjustment to reconcile net (loss) income to cash (used in) provided by operating activities
Depreciation and amortization		4,900,729			459,529
Interest income		–			–
Change in fair value of warrant liabilities		(663,449	)		138,000
Provision for credit losses		3,538,569			150,000
Noncash operating lease expense		180,643			152,717
Stock based compensation expense		2,257,139			3,118,584
Changes in operating assets and liabilities:
Accounts receivable		1,742,907			(2,297,517	)
Accounts receivable due from related parties		(94,441	)		(2,692,841	)
Inventories		25,075			(28,968	)
Prepaid installation costs		(513,196	)		4,448,953
Prepaids and other current assets		1,138,288			(1,420,528	)
Other assets		(37,656	)		(109,443	)
Accounts payable		788,747			(400,861	)
Accrued expenses and other current liabilities		(919,417	)		(691,316	)
Accrued expenses and other current liabilities due to related parties		(1,038,972	)		(2,148,960	)
Contract liabilities		(82,190	)		(3,508,323	)
Contract liabilities due to related parties		(2,000	)		(1,054,263	)
Operating lease payments		(164,851	)		(159,650	)
Net cash (used in) provided by operating activities		(2,263,438	)		(10,151,989	)

Cash flows from Investing Activities
Purchases of property, equipment and other assets		(372,578	)		(226,076	)
Net cash used in investing activities		(372,578	)		(226,076	)

Cash flows from Financing Activities
Principal payment of finance lease liabilities		(31,696	)		(28,537	)
Proceeds from the issuance of convertible preferred stock, net of transaction costs		–			10,277,275
Repayments of debt		(72,300	)		(71,855	)
Distributions to members		–			(90,000	)
Net cash provided by (used in) financing activities		(103,996	)		10,086,883

Net (decrease) increase in cash and cash equivalents		(2,740,012	)		(291,182	)
Cash and cash equivalents, beginning of period		5,634,115			8,022,306
Cash and cash equivalents, end of the period	$	2,894,103		$	7,731,124

Supplemental Cash Flow Information
Cash paid for interest	$	25,785		$	34,060
Cash paid for income taxes	$	–		$	–
Noncash finance lease expense	$	34,119		$	34,118

Non-cash transactions
Deferred equity issuance costs	$	–		$	3,269,039
Issuance of Class A common stock to vendors	$	–		$	891,035
Issuance of Class A common stock to backstop investors	$	–		$	1,569,463
Preferred dividends	$	405,237		$	8,224,091

The MIL Network –

June 17, 2025

MIL-OSI: Zeo Energy Corp. Reports First Quarter 2025 Financial Results

Source: GlobeNewswire (MIL-OSI)

NEW PORT RICHEY, Fla., June 16, 2025 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the first quarter ended March 31, 2025.

Recent Operational Highlights

Entered into a definitive agreement to acquire Heliogen, a provider of on-demand clean energy technology solutions, allowing the company to establish a division focused on long-duration energy generation and storage for commercial and industrial-scale facilities, including artificial intelligence (AI) and cloud computing data centers.
Recruited and retained adequate staff ahead of the peak summer sales season.

Management Commentary
“In the first quarter of 2025, we continued to navigate the challenging solar market and successfully generated $8.8 million of revenue,” said Zeo Energy Corp. CEO Tim Bridgewater. “As announced last month, we were able to take advantage of the softer sector conditions by entering into a definitive agreement to acquire Heliogen. We believe that this proposed acquisition positions us to expand beyond traditional residential solar and into adjacent clean energy verticals with long-term upside. This move will also enhance our balance sheet and diversify our revenue base going forward.”

“As anticipated, in Q1 we experienced a slowdown due to the seasonality of our intensive summer sales model. This slowdown was exacerbated by the current high-interest rate environment. We’ve maintained our strategic focus during this period, streamlining operations and strengthening our sales team ahead of the critical summer season that is now underway. Looking ahead, we remain confident in our full-year outlook. We expect meaningful improvement in the latter half of the year as market activity increases.”

First Quarter 2025 Financial Results

Results compare the 2025 first quarter ended March 31, 2025 to the 2024 first quarter ended March 31, 2024.

Total revenue was $8.8 million in Q1 2025, a 56.4% decrease from $20.1 million in the comparable 2024 period. The decrease was primarily due to higher interest rates creating a challenging environment for residential solar direct sales.
Gross profit decreased to $3.8 million (43.0% of total revenue) in Q1 2025 from $6.0 million (29.9% of total revenue) in the comparable 2024 period. The decrease was driven in part by the decrease in sales compared to the prior period. The improvement in gross profit as a percentage of revenue was the result of improved operational efficiencies in labor and a reduction in materials costs.
Net loss for Q1 2025 was $13.3 million compared to $4.1 million in the comparable 2024 period. The decrease is primarily due to a decrease in overall sales for the period.
Adjusted EBITDA, a non-GAAP measurement of operating performance reconciled below, decreased to $(6.4) million (72.3% of total revenue) in Q1 2024 from approximately $(0.5) million (2.3% of total revenue) in the comparable 2024 period. The change was primarily related to the change in net loss.

For more information, please visit the Zeo Energy Corp. investor relations website at investors.zeoenergy.com.

About Zeo Energy Corp.

Zeo Energy Corp. is a Florida-based provider of residential solar, distributed energy, and energy efficiency solutions. Zeo focuses on high-growth markets with limited competitive saturation. With its differentiated sales approach and vertically integrated offerings, Zeo, through its Sunergy Solar business unit, serves customers who desire to reduce high energy bills and contribute to a more sustainable future. For more information on Zeo Energy Corp., please visit www.zeoenergy.com.

Non-GAAP Financial Measures

Adjusted EBITDA
Zeo Energy defines Adjusted EBITDA, a non-GAAP financial measure, as net income (loss) before interest and other expenses, net, income tax expense, and depreciation and amortization, as adjusted to exclude stock-based compensation. Zeo utilizes Adjusted EBITDA as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of Zeo’s results of operations to other companies in the industry. Adjusted EBITDA should not be viewed as a substitute for net loss calculated in accordance with GAAP, and other companies may define Adjusted EBITDA differently.

The following table provides a reconciliation of net income (loss) to Adjusted EBITDA for the periods presented:


	Three months Ended March 31,
	2025				2024
Net income (loss)	$	(13,319,363	)		$	(4,107,102	)
Adjustment:
Other income, net		(82,363	)			0
Change in fair value of warrant liabilities		(663,449	)			138,000.00
Interest expense		30,277				35,222
Income tax benefit		523,500				(114,668.00	)
Stock compensation		2,257,139				3,118,584.00
Depreciation and amortization		4,900,729				459,529

Adjusted EBITDA		(6,353,530	)			(470,435	)

Net income (loss) margin		(151.6	)	%		(20.4	)	%

Adjusted EBITDA margin		(72.3	)	%		(2.3	)	%

Adjusted EBITDA Margin

Zeo Energy defines Adjusted EBITDA margin, a non-GAAP financial measure, expressed as a percentage, as the ratio of Adjusted EBITDA to revenue, net. Adjusted EBITDA margin measures net income (loss) before interest and other expenses, net, income tax expense, depreciation and amortization, as adjusted to exclude stock-based compensation and is expressed as a percentage of revenue. In the table above, Adjusted EBITDA is reconciled to the most comparable GAAP measure, net income (loss). Zeo utilizes Adjusted EBITDA margin as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of the Company’s results of operations to other companies in Zeo’s industry.

The following table sets forth Zeo’s calculations of Adjusted EBITDA margin for the periods presented:


	Three months Ended March 31,
	2025				2024
Total Revenue	$	8,783,695			$	20,142,156

Adjusted EBITDA		(6,353,530	)			(470,435	)

Adjusted EBITDA margin		(72.3	)	%		(2.3	)	%

Forward-Looking Statements

This news release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to the Company. Such statements may include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the future financial performance of the Company; the ability to effectively consolidate the assets of Lumio and produce the expected results; changes in the Company’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, the ability to raise additional funds, and plans and objectives of management. These forward-looking statements are based on information available as of the date of this news release, and current expectations, forecasts, and assumptions, and involve a number of judgments, risks, and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date, and the Company does not undertake any obligation to update such forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, the Company’s actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: (i) the outcome of any legal proceedings that may be instituted against the Company or others; (ii) the Company’s success in retaining or recruiting, or changes required in, its officers, key employees, or directors; (iii) the Company’s ability to maintain the listing of its common stock and warrants on Nasdaq; (iv) limited liquidity and trading of the Company’s securities; (v) geopolitical risk and changes in applicable laws or regulations, including tariffs or trade restrictions; (vi) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (vii) operational risk; (viii) litigation and regulatory enforcement risks, including the diversion of management time and attention and the additional costs and demands on the Company’s resources; (ix) the Company’s ability to effectively consolidate the assets of Lumio and produce the expected results; and (x) other risks and uncertainties, including those included under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) for the year ended December 31, 2024 and in its subsequent periodic reports and other filings with the SEC.

In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by the Company, its respective directors, officers or employees or any other person that the Company will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this news release represent the views of the Company as of the date of this news release. Subsequent events and developments may cause that view to change. However, while the Company may elect to update these forward-looking statements at some point in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of the Company as of any date subsequent to the date of this news release.

Zeo Energy Corp. Contacts

For Investors:
Tom Colton and Greg Bradbury
Gateway Group
ZEO@gateway-grp.com

For Media:
Zach Kadletz
Gateway Group
ZEO@gateway-grp.com

-Financial Tables to Follow-

ZEO ENERGY CORP. CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited)
	As of March 31,			As of December 31,
		2025			2024
Assets
Current assets
Cash and cash equivalents	$	2,894,103		$	5,634,115
Accounts receivable, including $286,103 and $191,662 from related parties, net of allowance for credit losses of $4,703,905 and $1,165,336, as of March 31, 2025 and December 31, 2024, respectively		4,999,508			10,186,543
Inventories		847,395			872,470
Contract assets		577,398			64,202
Prepaid expenses and other current assets		936,673			2,131,345
Total current assets		10,255,077			18,888,675
Other assets		113,591			314,426
Property, equipment and other fixed assets, net		2,629,283			2,475,963
Right of use operating lease assets		1,087,496			1,268,139
Right of use financing lease assets		412,893			447,012
Intangibles, net		2,938,804			7,571,156
Note receivable – related party		3,000,000			3,000,000
Goodwill		27,010,745			27,010,745
Total assets	$	47,447,889		$	60,976,116

Liabilities, redeemable noncontrolling interest and stockholders’ (deficit) equity
Current liabilities
Accounts payable	$	3,569,632		$	2,780,885
Accrued expenses and other current liabilities, including $2,320,129 and $3,359,101 with related parties at March 31, 2025 and December 31, 2024, respectively		6,581,799			8,540,188
Current portion of long-term debt		301,091			291,036
Current portion of obligations under operating leases		555,672			583,429
Current portion of obligations under financing leases		133,408			130,464
Convertible promissory note		2,455,000			2,440,000
Contract liabilities, including $0 and $2,000 with related parties as of March 31, 2025 and December 31, 2024, respectively		119,417			203,607
Total current liabilities		13,716,019			14,969,609
Obligations under operating leases, non-current		662,291			799,385
Obligations under financing leases, non-current		314,167			348,807
Warrant liabilities		785,551			1,449,000
Long-term debt		414,268			496,623
Total liabilities		15,892,296			18,063,424

Commitments and contingencies (Note 14)

Redeemable noncontrolling interests
Convertible preferred units, 1,500,000 units issued and outstanding as of March 31, 2025 and December 31, 2024, respectively		16,536,108			16,130,871
Class B Units		38,097,300			115,693,900

Stockholders’ equity
Class V common stock, $0.0001 par value, 100,000,000 authorized shares; 26,730,000 and 35,230,000 shares issued and outstanding as of March 31, 2025, and December 31, 2024, respectively		2,673			3,523
Class A common stock, $0.0001 par value, 300,000,000 authorized shares; 21,796,464 and 13,252,964 shares issued and outstanding as of March 31, 2025, and December 31, 2023, respectively		2,180			1,326
Additional paid in capital		16,486,224			14,523,963
Accumulated deficit		(39,568,892	)		(103,440,891	)
Total stockholders’ deficit		(23,077,815	)		(88,912,079	)
Total liabilities, redeemable noncontrolling interests and stockholders’ (deficit) equity	$	47,447,889		$	60,976,116

ZEO ENERGY CORP. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
	Three months ended March 31,
	2025			2024
Revenue, net	$	6,216,391		$	11,329,387
Related party revenue, net		2,567,304			8,812,769
Total revenue		8,783,695			20,142,156
Operating costs and expenses:
Cost of goods sold (exclusive of items shown below)		4,789,679			13,957,966
Depreciation and amortization		4,900,729			459,529
Sales and marketing		2,137,092			6,553,787
General and administrative		10,467,593			3,219,422
Total operating expenses		22,295,093			24,190,704
(Loss) income from operations		(13,511,398	)		(4,048,548	)
Other (expenses) income, net:
Other income, net		82,363			–
Change in fair value of warrant liabilities		663,449			(138,000	)
Interest expense		(30,277	)		(35,222	)
Total other expense, net		715,535			(173,222	)
Net (loss) income before taxes		(12,795,863	)		(4,221,770	)
Income tax (expense) benefit		(523,500	)		114,668
Net (loss) income		(13,319,363	)		(4,107,102	)
Net (loss) attributable to Sunergy Renewables LLC prior to the Business Combination		–			(523,681	)
Net (loss) income subsequent to the Business Combination		(13,319,363	)		(3,583,421	)
Net (loss) income attributable to redeemable non-controlling interests		(6,958,098	)		(2,051,930	)
Net (loss) income attributable to Class A common stock	$	(6,361,265	)	$	(1,531,491	)

Basic and diluted net (loss) income per common unit	$	(0.48	)	$	(1.54	)
Weighted average units outstanding, basic and diluted		13,252,964			994,345

ZEO ENERGY CORP. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
	Three Months Ended March 31,
	2025			2024
Cash Flows from Operating Activities
Net (loss) income	$	(13,319,363	)	$	(4,107,102	)
Adjustment to reconcile net (loss) income to cash (used in) provided by operating activities
Depreciation and amortization		4,900,729			459,529
Interest income		–			–
Change in fair value of warrant liabilities		(663,449	)		138,000
Provision for credit losses		3,538,569			150,000
Noncash operating lease expense		180,643			152,717
Stock based compensation expense		2,257,139			3,118,584
Changes in operating assets and liabilities:
Accounts receivable		1,742,907			(2,297,517	)
Accounts receivable due from related parties		(94,441	)		(2,692,841	)
Inventories		25,075			(28,968	)
Prepaid installation costs		(513,196	)		4,448,953
Prepaids and other current assets		1,138,288			(1,420,528	)
Other assets		(37,656	)		(109,443	)
Accounts payable		788,747			(400,861	)
Accrued expenses and other current liabilities		(919,417	)		(691,316	)
Accrued expenses and other current liabilities due to related parties		(1,038,972	)		(2,148,960	)
Contract liabilities		(82,190	)		(3,508,323	)
Contract liabilities due to related parties		(2,000	)		(1,054,263	)
Operating lease payments		(164,851	)		(159,650	)
Net cash (used in) provided by operating activities		(2,263,438	)		(10,151,989	)

Cash flows from Investing Activities
Purchases of property, equipment and other assets		(372,578	)		(226,076	)
Net cash used in investing activities		(372,578	)		(226,076	)

Cash flows from Financing Activities
Principal payment of finance lease liabilities		(31,696	)		(28,537	)
Proceeds from the issuance of convertible preferred stock, net of transaction costs		–			10,277,275
Repayments of debt		(72,300	)		(71,855	)
Distributions to members		–			(90,000	)
Net cash provided by (used in) financing activities		(103,996	)		10,086,883

Net (decrease) increase in cash and cash equivalents		(2,740,012	)		(291,182	)
Cash and cash equivalents, beginning of period		5,634,115			8,022,306
Cash and cash equivalents, end of the period	$	2,894,103		$	7,731,124

Supplemental Cash Flow Information
Cash paid for interest	$	25,785		$	34,060
Cash paid for income taxes	$	–		$	–
Noncash finance lease expense	$	34,119		$	34,118

Non-cash transactions
Deferred equity issuance costs	$	–		$	3,269,039
Issuance of Class A common stock to vendors	$	–		$	891,035
Issuance of Class A common stock to backstop investors	$	–		$	1,569,463
Preferred dividends	$	405,237		$	8,224,091

The MIL Network –

June 17, 2025

MIL-OSI USA: Army Launches Detachment 201: Executive Innovation Corps to Drive Tech Transformation

Source: United States Army

New Executive Innovation Corps brings top tech talent into the Army Reserve to bridge the commercial-military tech gap, with four tech leaders set to join as officers.

WASHINGTON — The U.S. Army is establishing Detachment 201: The Army’s Executive Innovation Corps, a new initiative designed to fuse cutting-edge tech expertise with military innovation. On June 13, 2025, the Army will officially swear in four tech leaders.

Det. 201 is an effort to recruit senior tech executives to serve part-time in the Army Reserve as senior advisors. In this role they will work on targeted projects to help guide rapid and scalable tech solutions to complex problems. By bringing private-sector know-how into uniform, Det. 201 is supercharging efforts like the Army Transformation Initiative, which aims to make the force leaner, smarter, and more lethal.

The four new Army Reserve Lt. Cols. are Shyam Sankar, Chief Technology Officer for Palantir; Andrew Bosworth, Chief Technology Officer of Meta; Kevin Weil, Chief Product Officer of OpenAI; and Bob McGrew, advisor at Thinking Machines Lab and former Chief Research Officer for OpenAI.

Their swearing-in is just the start of a bigger mission to inspire more tech pros to serve without leaving their careers, showing the next generation how to make a difference in uniform.

* * *

The United States Army is the land service branch of the U.S. Armed Forces and the oldest established military force in the country. Committed to defending the nation and supporting global stability, the Army leads the way in innovation, resilience, and readiness. Learn more at www.army.mil

MIL OSI USA News –

June 17, 2025

MIL-OSI USA: SPC MD 1311

Source: US National Oceanic and Atmospheric Administration

Mesoscale Discussion 1311

Mesoscale Discussion 1311
NWS Storm Prediction Center Norman OK
0125 PM CDT Mon Jun 16 2025

Areas affected…central MN

Concerning…Severe potential…Watch likely

Valid 161825Z – 162030Z

Probability of Watch Issuance…80 percent

SUMMARY…Thunderstorms should intensify ahead of an eastward-moving
surface cyclone, starting in west-central Minnesota. A few
supercells capable of large hail, damaging winds, and a couple
tornadoes are possible. A watch will likely be needed with
uncertainty on southern extent of the threat.

DISCUSSION…Initial low-topped convection has increased near the
southeast ND/west-central MN border area in vicinity of a surface
cyclone. A corridor of greater insolation persists ahead of this low
into the Brainerd Lakes area, northwest of regenerative elevated
convection across east-central MN to northeast IA. This should yield
further low-level destabilization and increasing moderate buoyancy
into late afternoon. While 12Z CAMs largely underplayed the morning
elevated convection, the RRFS has consistently signaled the
surface-based convection may remain largely confined to near the
surface low/warm front across central MN. Low-level shear is modest,
but a belt of stronger 700-mb winds attendant to the shortwave
impulse should support a few supercells in an emerging cluster that
spreads east into early evening.

..Grams/Hart.. 06/16/2025

…Please see www.spc.noaa.gov for graphic product…

ATTN…WFO…DLH…MPX…FGF…

LAT…LON 46899636 47209562 47399446 47159349 46869297 46519268
46079291 45669405 45579426 45459485 45389538 45389596
45819613 46349643 46899636

MOST PROBABLE PEAK TORNADO INTENSITY…85-115 MPH
MOST PROBABLE PEAK WIND GUST…55-70 MPH
MOST PROBABLE PEAK HAIL SIZE…1.50-2.50 IN

Top/All Mesoscale Discussions/Forecast Products/Home

MIL OSI USA News –

June 17, 2025

MIL-OSI USA: SPC MD 1312

Source: US National Oceanic and Atmospheric Administration

Mesoscale Discussion 1312
NWS Storm Prediction Center Norman OK
0149 PM CDT Mon Jun 16 2025

Areas affected…southeast SD and northeast NE

Concerning…Severe potential…Watch possible

Valid 161849Z – 162045Z

Probability of Watch Issuance…60 percent

SUMMARY…An isolated large hail and localized severe gust threat
may persist through mid-afternoon. Greater coverage of storms, with
increasing severe hail/wind threats, is anticipated in the late
afternoon to early evening. Area is being monitored for a severe
thunderstorm watch, with timing and spatial extent the primary
near-term uncertainties.

DISCUSSION…A few storms, likely rooted near 700 mb, have formed
near the surface cold front. With appreciable MLCIN still present in
the warm-moist sector ahead of this, convection may struggle to
propagate off the boundary. Most CAM guidance has been too slow with
this initial development, rendering uncertainty regarding the
overall spatial extent of severe potential over the next couple
hours. Surface dew points have largely mixed into the upper 50s to
low 60s to the east-southeast of this activity, with richer
boundary-layer dew points and CU development confined to central NE
westward. Despite the uncertainty on storm coverage, low to
mid-level wind profiles are sufficient for transient, high-based
supercells.

..Grams/Hart.. 06/16/2025

…Please see www.spc.noaa.gov for graphic product…

ATTN…WFO…FSD…OAX…LBF…

LAT…LON 43819868 43989814 43949746 43819682 43609646 43019646
42609659 42099699 41989717 41869806 42139872 42929908
43269909 43819868

MOST PROBABLE PEAK TORNADO INTENSITY…UP TO 95 MPH
MOST PROBABLE PEAK WIND GUST…55-70 MPH
MOST PROBABLE PEAK HAIL SIZE…1.50-2.50 IN

MIL OSI USA News –

June 17, 2025

MIL-OSI USA: SPC Tornado Watch 423

Source: US National Oceanic and Atmospheric Administration

Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
SEL3

URGENT – IMMEDIATE BROADCAST REQUESTED
Tornado Watch Number 423
NWS Storm Prediction Center Norman OK
255 PM CDT Mon Jun 16 2025

The NWS Storm Prediction Center has issued a

* Tornado Watch for portions of
Central Minnesota
Western Wisconsin

* Effective this Monday afternoon and evening from 255 PM until
900 PM CDT.

* Primary threats include…
A couple tornadoes possible
Scattered large hail and isolated very large hail events to 2.5
inches in diameter likely
Scattered damaging wind gusts to 70 mph likely

SUMMARY…Thunderstorms will intensify this afternoon near a cold
front sweeping eastward across the Minnesota, with a few supercells
expected. Large hail is the main concern, but the strongest storms
may also pose a risk of damaging winds and a few tornadoes.

The tornado watch area is approximately along and 70 statute miles
north and south of a line from 20 miles west of Alexandria MN to 80
miles northeast of Minneapolis MN. For a complete depiction of the
watch see the associated watch outline update (WOUS64 KWNS WOU3).

PRECAUTIONARY/PREPAREDNESS ACTIONS…

REMEMBER…A Tornado Watch means conditions are favorable for
tornadoes and severe thunderstorms in and close to the watch
area. Persons in these areas should be on the lookout for
threatening weather conditions and listen for later statements
and possible warnings.

&&

AVIATION…Tornadoes and a few severe thunderstorms with hail
surface and aloft to 2.5 inches. Extreme turbulence and surface wind
gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean
storm motion vector 27030.

…Hart

SEL3

URGENT – IMMEDIATE BROADCAST REQUESTED
Tornado Watch Number 423
NWS Storm Prediction Center Norman OK
255 PM CDT Mon Jun 16 2025

The NWS Storm Prediction Center has issued a

* Tornado Watch for portions of
Central Minnesota
Western Wisconsin

* Effective this Monday afternoon and evening from 255 PM until
900 PM CDT.

* Primary threats include…
A couple tornadoes possible
Scattered large hail and isolated very large hail events to 2.5
inches in diameter likely
Scattered damaging wind gusts to 70 mph likely

SUMMARY…Thunderstorms will intensify this afternoon near a cold
front sweeping eastward across the Minnesota, with a few supercells
expected. Large hail is the main concern, but the strongest storms
may also pose a risk of damaging winds and a few tornadoes.

The tornado watch area is approximately along and 70 statute miles
north and south of a line from 20 miles west of Alexandria MN to 80
miles northeast of Minneapolis MN. For a complete depiction of the
watch see the associated watch outline update (WOUS64 KWNS WOU3).

PRECAUTIONARY/PREPAREDNESS ACTIONS…

REMEMBER…A Tornado Watch means conditions are favorable for
tornadoes and severe thunderstorms in and close to the watch
area. Persons in these areas should be on the lookout for
threatening weather conditions and listen for later statements
and possible warnings.

&&

AVIATION…Tornadoes and a few severe thunderstorms with hail
surface and aloft to 2.5 inches. Extreme turbulence and surface wind
gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean
storm motion vector 27030.

…Hart

Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
SAW3
WW 423 TORNADO MN WI 161955Z – 170200Z
AXIS..70 STATUTE MILES NORTH AND SOUTH OF LINE..
20W AXN/ALEXANDRIA MN/ – 80NE MSP/MINNEAPOLIS MN/
..AVIATION COORDS.. 60NM N/S /68SE FAR – 53NNW EAU/
HAIL SURFACE AND ALOFT..2.5 INCHES. WIND GUSTS..60 KNOTS.
MAX TOPS TO 500. MEAN STORM MOTION VECTOR 27030.

LAT…LON 46889582 46719205 44689205 44869582

THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
FOR WOU3.

Watch 423 Status Report Message has not been issued yet.

Note: Click for Complete Product Text.Tornadoes

Probability of 2 or more tornadoes

Mod (40%)

Probability of 1 or more strong (EF2-EF5) tornadoes

Low (20%)

Wind

Probability of 10 or more severe wind events

Mod (60%)

Probability of 1 or more wind events > 65 knots

Low (20%)

Hail

Probability of 10 or more severe hail events

Mod (60%)

Probability of 1 or more hailstones > 2 inches

Mod (60%)

Combined Severe Hail/Wind

Probability of 6 or more combined severe hail/wind events

High (>95%)

For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

MIL OSI USA News –

June 17, 2025

MIL-OSI Russia: Dmitry Chernyshenko and Sergey Kravtsov awarded Artek employees on its 100th anniversary

Translation. Region: Russian Federal

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

Deputy Prime Minister Dmitry Chernyshenko and Minister of Education Sergey Kravtsov awarded the staff of the International Children’s Center “Artek” on its 100th anniversary. The event took place in the Suuk-Su Palace in Gurzuf.

The Deputy Prime Minister also read out a congratulatory message from Prime Minister Mikhail Mishustin, which, in particular, noted: “Today, Artek is a flagship in the field of children’s recreation and health improvement, its popularity is constantly growing. Every year, thousands of children from different regions of Russia and foreign countries strive to get here. A modern educational environment has been formed here, combining the best pedagogical traditions with innovative methods and technologies. Unique conditions and an atmosphere have been created where each child feels like part of a large and friendly family, can reveal their talents, master advanced knowledge, develop abilities in science, creativity and sports. Children learn to respect the history and cultural heritage of our multinational country, understand each other, find friends, sometimes for life. Following the motto – “An Artek student today is an Artek student forever.”

Sergei Kravtsov also congratulated the employees of the International Children’s Center “Artek”.

“Dear staff of the International Children’s Center “Artek”! I congratulate everyone on the anniversary and want to sincerely thank you for your work, professionalism and service to children. “Artek” is one of the best children’s centers of the international level. Today, there is a part of it in almost every school, in every college. Advisors to directors on education are trained in “Artek” and work using its unique technologies. “Artek” began with several canvas tents and today has been transformed into a unique international children’s center, which continues to develop,” the Minister of Education noted.

The Deputy Prime Minister and the Minister also assessed the space of the “City of Childhood” master classes. Artek teachers and thematic partners of the center presented 80 sites of various focuses in three blocks: past, present and future. The festival of creativity, sports and knowledge brought together more than 3 thousand participants of the sixth anniversary shift from all regions of Russia, as well as 29 foreign countries.

At the “City of Childhood” site, Artek children were able to do pyrography, beadwork, scrapbooking, painting, embroidery, create a digital drawing, an Artek souvenir, play the guitar, play gorodki, write a retro letter and much more. The historical direction was widely represented: the children’s center children walked Artek routes, studied the literary map of “Artek”. A separate direction was the marine theme – for example, those who wished were able to master the technique of tying knots. The children were also interested in the sites of thematic partners of “Artek”. Representatives of the All-Russian Student Rescue Corps held master classes dedicated to safety.

Dmitry Chernyshenko and Sergey Kravtsov left memorable notes in the book of honored guests.

In addition, Deputy Prime Minister, Minister and Director of the International Children’s Center “Artek” Konstantin Fedorenko assessed the exhibition of the IT festival “From Dream to Progress”. The exhibition is held in the children’s camps “Lesnoy” and “Polevoy” and includes branded zones of the companies participating in the festival, where master classes on the development of mobile applications, programming, working with artificial intelligence are presented, as well as information on the latest Russian IT technologies in various industries – construction, agriculture, space industry, medicine and others.

“Today we celebrate 100 years of Artek – an entire era of friendship, discoveries and inspiration. Here, in this amazing place, children from all over the world learn to understand each other, preserving traditions. Artek is not just a children’s center, but, as children say, a home where faith in goodness, justice and one’s own strength is born. Thank you to everyone who created and continues this history: veterans, teachers, children. Your hearts make Artek a symbol of childhood, joy and unity. Let our anniversary be the beginning of new victories, and the fire of friendship never go out. Happy holiday, Artek! Forward – to new heights! ” – Konstantin Fedorenko congratulated those gathered.

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

MIL OSI Russia News –

June 17, 2025

MIL-OSI Canada: Seven NFB shorts celebrating GGPAA laureates launching June 14 at 9 p.m. EDT on NFB platforms, CBC Gem and ICI TOU.TV. NFB’s GGPAA film collection reaches 125 films.

Source: Government of Canada News (2)

June 14, 2025 – Montreal – National Film Board of Canada (NFB)

Seven National Film Board of Canada (NFB) short films celebrating Canadian performing arts excellence will premiere online Saturday, June 14, at 9 p.m. EDT, immediately following the 2025 Governor General’s Performing Arts Awards (GGPAA) celebration at Ottawa’s National Arts Centre.

Canadians will be able to watch these cinematic tributes to this year’s laureates on NFB platforms as well as CBC Gem (in English) and ICI TOU.TV (in French).

Each year, the NFB works to find the right combination of director, concept and laureate—producing portraits of distinguished Canadians that also stand on their own as innovative short works of cinema. This year’s films are directed by accomplished Canadian filmmakers Tara Johns and Monique Leblanc.

The NFB’s GGPAA film collection now totals 125 shorts, created over a 17-year partnership with the Governor General’s Performing Arts Awards Foundation that began back in 2008.

Laureates and their films

Directed by Tara Johns and produced by Robert Vroom
- Legendary Toronto-born music producer and Lifetime Artistic Achievement Award laureate Bob Ezrin struggles to write his memoir in That Damn Book. Daunted by the pressure of doing justice to a life filled with rock legends, career milestones and family memories, he turns to Alice Cooper—and his own children—for guidance. It turns out the true story he has to tell isn’t just about star-studded accomplishments, but the family and love that gives meaning to it all.
- In I’m Just Me, a struggling actor—sporting the literal head of a wolf—seeks guidance from a five-star-rated, fox-headed psychiatrist. As their therapy session spirals into a comically surreal commentary on the anxieties of artistic ambition and self-worth, the mask slips to reveal none other than Graham Greene, the southwestern Ontario-bornlegendary actor and Lifetime Artistic Achievement Award.
- Time Flies features revered Montreal-based contemporary composer and Lifetime Artistic Achievement Award laureate Denis Gougeon balancing the roles of pilot and air traffic controller. Evoking both the flights of imagination and precision required to create his music, Gougeon recounts a musical journey of self-discovery that’s led to his compositions being performed all over the world, while he remains grounded in Quebec.
- In The ’Hood in Me, veteran Montreal comic actor and Lifetime Artistic Achievement Award laureate Patrick Huard (as Pops) guides young Nathan on a whimsical journey of life lessons in a backstreet curiosities shop. Through his own stories of resilience, creativity and responsibility, Pops tests Nathan’s qualifications as apprentice. At first, it does not go well.
- A Sonic Rematriation is a hybrid music video and spoken-word film honouring National Arts Centre Award recipient Jeremy Dutcher, Wolastoqiyik member of the Tobique First Nation in northwest New Brunswick, and his reclamation of ancestral songs and the mother tongue of the Wolastoqiyik. Featuring intimate Wolastoqey language performances, archival voices and dreamlike visuals, the film traces Dutcher’s liberation from smoke-bound silence to fiery, unbound song.

Directed by Monique Leblanc and produced by Christine Aubé
- The founder of Red Sky Performance, Lifetime Artistic Achievement Award laureate Sandra Laronde has revolutionized Indigenous storytelling. Embodied Stories captures her artistic journey through dance productions and her AI film Land Dances Us, as well as stunning imagery of the Temagami region in Ontario—her childhood home and creative wellspring.
- The recipient of this year’s Ramon John Hnatyshyn Award for Voluntarism in the Performing Arts, April Hubbard is a Halifax-based performance artist, arts administrator and Mad Disability advocate. Leading by Example follows her trajectory from excluded performer to revolutionary force in Nova Scotia’s arts scene as she transforms artistic spaces. Hubbard shatters perceptions through captivating performances while creating accessible opportunities for all artists—embodying a creative liberation that transcends physical limitations and a vision that knows no boundaries.

About the directors

Tara Johns

Tara Johns is an Alberta-born writer-director who’s built her cinematic career in Montreal. Tara’s debut short film, Killing Time, was awarded Best Canadian Short at the 2001 Toronto Worldwide Short Film Festival and named one of the Top 10 Best Québécois Shorts of the Decade at the Rendez-vous du cinéma québécois. Tara was most recently tapped by MarVista Entertainment to direct Our Christmas Mural for Hallmark and is currently in development on her new original feature project, Good Bones, with Palomar Films.

Monique Leblanc

Director, actress, screenwriter, writer and producer Monique LeBlanc is a prominent figure in Eastern Canada’s film industry, working in both documentary and fiction. Acclaimed recent credits include her 2020 adaptation of Louise Dupré’s book of poetry, Higher Than Flames Will Go (2020), and The Geographies of DAR (2023), her fourth feature documentary and fifth collaboration with the NFB.

– 30 –

Stay Connected

About the NFB

MIL OSI Canada News –

June 17, 2025

Category: Machine Learning

PUBLIC DOMAIN

GALLERY

MORE LIKE THIS

CONTROLLED VOCABULARY KEYWORDS

TAGS

PUBLIC DOMAIN

GALLERY

MORE LIKE THIS

CONTROLLED VOCABULARY KEYWORDS

TAGS

£250m for green aerospace projects ahead of Industrial Strategy

Industry Minister Sarah Jones said:

Rolls-Royce Director of Research & Technology Alan Newby said:

Airbus UK Chairman John Harrison said:

Aerospace Technology Institute Chief Innovation Officer Paul Adams said:

Notes to editors

Share this page

Updates to this page