NewzIntel.com

Category: Machine Learning

  • MIL-OSI: Bitget Wallet Launches Full Support for Sei Network, Announces $700K Ecosystem Initiative

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 08, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, now offers full support for the Sei network — expanding its multi-chain capabilities and making it easier for users globally to access and interact with the Sei ecosystem.

    With this integration, Bitget Wallet now supports native Sei token transfers, in-app trading, and live price tracking. Users can bridge assets from major blockchains like Solana and BNB Chain into Sei through Bitget Wallet’s cross-chain infrastructure, which spans over 30 networks. Trading is powered by Super DEX, Bitget Wallet’s aggregator connecting liquidity across more than 130 blockchains — allowing users to securely access the Sei ecosystem and interact with other networks from a single wallet interface.

    “We’re excited to support direct access to Sei through Bitget Wallet,” said Alvin Kan, COO of Bitget Wallet. “By making Sei more accessible to our global user base, we’re not only expanding the reach of one of the fastest-growing L1 networks, but also reinforcing our mission to make Web3 simpler, faster, and more rewarding for everyone.“

    Sei is a Layer-1 blockchain combining the best of Ethereum and Solana — the developer tooling, mindshare, and network effects of the EVM, with the performance and scalability of next-generation blockchains like Solana. Its architecture achieves block finality in under 400 milliseconds, making it one of the fastest blockchains currently available.”Expanding user access and improving ecosystem onboarding are key priorities,” said Justin Barlow, Executive Director at Sei Development Foundation. “This integration with Bitget Wallet lowers the barriers for users to explore and interact with applications across the network.“

    As part of the rollout, Sei Ecosystem Month — a $700,000 initiative — is being launched to spotlight applications building on Sei and drive ecosystem engagement. The program will include trading competitions, quest-based activities, and new product experiences, all accessible through the Bitget Wallet app.

    For more information, visit the Bitget Wallet blog and Bitget Wallet Sei Ecosystem Month website.

    About Sei

    Sei is a Layer-1 blockchain that combines the advantages of Ethereum and Solana: the dominant development standard of Ethereum with the performance of Solana. Sei launched its mainnet in 2023, and has since processed billions of transactions across more than 18 million wallets. Currently on Devnet, Sei’s V3 Giga update will make Sei 50x more performant than any existing EVM chain, serving as a groundbreaking new scaling approach for the Ethereum ecosystem. The team is backed by Multicoin, Jump, Coinbase Ventures, and many more

    To learn more about Sei, please visit https://www.sei.io/

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, secure, and accessible for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/43f5d030-7803-4dfa-9749-14c9ab517325

    The MIL Network –

  • MIL-OSI: SECU Foundation Awards Grace Clinic of Yadkin Valley with $600,000 Grant for New Medical Facility

    Source: GlobeNewswire (MIL-OSI)

    ELKIN, N.C., May 08, 2025 (GLOBE NEWSWIRE) — SECU Foundation has announced a $600,000 challenge grant for Grace Clinic of Yadkin Valley (GCYV) to assist with the construction of a new medical facility in Elkin, North Carolina. The 7,125 square-foot clinic will allow the non-profit to greatly expand services in its four-county region and increase capacity to serve over 600 patients annually.

    GCYV is a Free and Charitable Clinic (FCC) that provides quality integrated primary healthcare for marginalized individuals, including those with chronic conditions and behavioral health needs. One of eight FCCs in North Carolina serving Medicare and Medicaid patients, GCYV provides access to a region where 18.5% of adults are uninsured and 22.5% of adults are living under the poverty level according to the Robert Wood Johnson Foundation.

    “We are so pleased to support the important work of Grace Clinic of Yadkin Valley,” said SECU Foundation Board member Michael Clements. “GCYV is such a valuable part of the community, providing critical services for the people of this area for almost 20 years. SECU Foundation is thrilled to help fund the construction of a new facility that will expand much-needed services and allow for hundreds more patients to be served each year.”

    “Grace Clinic of Yadkin Valley is extremely grateful to the SECU Foundation for their generous support of the construction of a new Health Center,” said GCYV Executive Director Betty W. Taylor. “The Center will offer a wide range of primary care, behavioral health, medication assistance, and dental services. The new facility will not only expand our services, but also will provide better utilization of space and improved access and parking for handicapped patients.”

    About SECU and SECU Foundation
    A not-for-profit financial cooperative owned by its members, and federally insured by the National Credit Union Administration (NCUA), SECU has been providing employees of the state of North Carolina and their families with consumer financial services for 87 years. SECU is the second largest credit union in the United States with $53 billion in assets. It serves more than 2.8 million members through 275 branch offices, 1,100 ATMs, Member Services Support via phone, www.ncsecu.org, and the SECU Mobile App. The SECU Foundation, a 501(c)(3) charitable organization funded by the contributions of SECU members, promotes local community development in North Carolina primarily through high-impact projects in the areas of housing, education, healthcare, and human services. Since 2004, SECU Foundation has made a collective financial commitment of over $300 million for initiatives to benefit North Carolinians statewide.

    Contact: Jama Campbell, Executive Director, secufoundation@ncsecu.org

    Receiving the check are GCYV Board members and Executive Director Betty W. Taylor (third from the left) surrounded by GCYV and SECU Foundation representatives.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3386f1c8-bca5-4c86-a42f-b26d83dad106

    The MIL Network –

  • MIL-OSI Economics: Meet four of this year’s Swift Student Challenge winners

    Source: Apple

    Headline: Meet four of this year’s Swift Student Challenge winners

    May 8, 2025

    UPDATE

    Local inspiration, global impact: Meet four of this year’s Swift Student Challenge winners

    Every year, the Swift Student Challenge invites students from around the world to follow their curiosity and explore their creativity through original app playgrounds built with Apple’s intuitive, easy-to-learn Swift coding language. From a starry sky glimpsed through a telescope in Nuevo León, Mexico, to a pack of cards discovered in a Japanese game shop, the inspirations behind this year’s 350 winning submissions span the globe, representing 38 countries and regions, and incorporating a wide range of tools and technologies.

    “We’re always inspired by the talent and perspective young developers bring to the Swift Student Challenge,” said Susan Prescott, Apple’s vice president of Worldwide Developer Relations. “This year’s winners show exceptional skill in transforming meaningful ideas into app playgrounds that are innovative, impactful, and thoughtfully built — and we’re excited to support their journey as they continue building apps that will help shape the future.”

    Fifty Distinguished Winners have been invited to attend the Worldwide Developers Conference (WWDC) at Apple Park, where they’ll take part in a specially curated three-day experience. Over the course of the week, the winners will have the opportunity to watch the Keynote live on June 9, learn from Apple experts and engineers, and participate in labs.

    Many of this year’s winners took inspiration from their local communities, creating powerful tools that are designed to make an impact on a global scale. Below, Distinguished Winners Taiki Hamamoto, Marina Lee, Luciana Ortiz Nolasco, and Nahom Worku delve into their app playgrounds and the real-world problems they’re aiming to solve, demonstrating the power of coding to drive lasting change.

    When Taiki Hamamoto, 22, came across a Hanafuda deck at his local game shop, he was intrigued. He had grown up playing the traditional Japanese card game with family members, and he thought it’d be easy to recruit friends for a nostalgic round or two — but that wasn’t the case.

    “I found that very few people in my generation know how to play Hanafuda, despite it being such a staple in Japanese culture,” explains Hamamoto, a recent graduate of the Prefectural University of Kumamoto. “I thought if there was a way to make it easy to play on a smartphone, it might be possible to spread Hanafuda, not only in Japan but also to the world.”

    Through his winning app playground, Hanafuda Tactics, novices can get familiar with the game’s rules and the cards themselves. The colorful, ornate 48-card decks, inspired by Japan’s reverence for nature, are divided into 12 suits — one for each month of the year — and each illustrated by a seasonal plant. There are many ways to play, but one of the most popular variations is Koi-Koi, where players try to form special card combinations known as yaku.

    While Hamamoto stayed true to the game’s classic floral iconography, he also added a modern touch to the gameplay experience, incorporating video game concepts like hit points (HP) that resonate with younger generations. SwiftUI’s DragGesture helped him implement dynamic, highly responsive effects like cards tilting and glowing during movement, making the gameplay feel natural and engaging. He’s also experimenting with making Hanafuda Tactics playable on Apple Vision Pro.

    The idea that a centuries-old game could one day disappear is unthinkable for Hamamoto, who’s gotten so much joy from it. “Hanafuda is unique in that it allows you to experience the scenery and culture of Japan,” he says. “I want users of my app to feel immersed in it, and I want to preserve the game for generations to come.”

    With wildfires spreading quickly across much of Los Angeles earlier this year, Marina Lee, 21, got a harrowing phone call. Her grandmother — a resident of the San Gabriel Valley — had received an evacuation alert, and had little time to decide what to do or where to go.

    “As someone who grew up in L.A., I’ve always been aware of the wildfire risks and the realities that come with natural disasters,” says Lee, a third-year computer science student at the University of Southern California, who was spending winter break with her parents in Northern California at the time. “But with this phone call, the urgency really hit home. My grandma was panicked, unsure what to pack, or how to stay prepared and informed. That inspired me to create an app for people like her, who might not be as tech-savvy but deserve an accessible, trustworthy resource in times of crisis.”

    Through the app playground EvacuMate, users can prepare an emergency checklist of important items to pack for an evacuation. Lee integrated the iPhone camera roll into the app so users can upload copies of important documents, and added the ability to import emergency contacts through their iPhone contacts list. She also included resources on topics like checking air quality levels and assembling a first-aid kit.

    As Lee continues to refine EvacuMate, she’s focused on ensuring that the app is accessible to everyone who might want to use it. “I’d like to add support for different languages,” Lee explains. “Thinking back to my grandma, she’s not as comfortable reading English, and I realized a translation feature could really help others in the community who face the same challenge.”

    Heading into WWDC, Lee’s looking forward to fostering new connections with fellow developers, like the kinds she’s made hosting hackathons with her organization Citro Tech, or serving as a mentor for USC Women in Engineering. “Coding is so much more than just developing software,” she says. “It’s really the friendships you build, the community you find, and the problem-solving journey that empower you to make a difference.”

    Luciana Ortiz Nolasco was thrilled when she was presented with a telescope for her 11th birthday. Every night, she’d peer through her bedroom window to explore the sky over her home state of Nuevo León, Mexico.

    But there were two issues she quickly encountered: first, the thick layer of smog that hung over the heavily industrialized city, obscuring the stars and their brilliance, and second, a lack of fellow enthusiasts to geek out with.

    “I didn’t find a community till I joined the Astronomical Society of Nuevo León,” shares Ortiz Nolasco, now 15. On the weekends, through the connections she made at the society, she’d travel to the countryside to see the stars more clearly, attending camps and learning from mentors who shared her passion. These experiences sparked her interest in making astronomy even more accessible to others.

    Her app playground BreakDownCosmic is a virtual gathering place where users can add upcoming astronomical events around the world to their calendars, earn medals for accomplishing “missions,” and chat with fellow astronomers about what they see.

    Ortiz Nolasco found the ideal tool for bringing her idea to life with the Swift programming language. “Swift is very easy to learn, and using Xcode is very intuitive,” she explains. “Most of the time, it would correct me if I had an error. I didn’t have to spend time looking for hours and have it turn out to just be a small error I overlooked.”

    After attending WWDC in June, she plans to continue to develop BreakDownCosmic, with the ultimate goal of launching it on the App Store. “I want people to feel like they’re going on a journey through space when they log into my app,” she says. “The universe is full of mysteries we have yet to discover, and infinite possibilities. This journey is not just for some selected people. The universe is where we live. It’s our home, and everybody should be able to get to know it.”

    Growing up in Ethiopia and later in Canada, Nahom Worku felt pulled in two career directions: following in his uncle’s footsteps and becoming a pilot, or pursuing an engineering degree like his father. Ultimately, his fear of flying took the former profession off the table, but he still couldn’t decide on an engineering field to specialize in, until COVID-19 hit.

    “During the pandemic, I had a lot of time on my hands, so I bought a few books and discovered web design and coding,” says Worku, 21. He found a community in Black Kids Code, a nonprofit that helps kids learn math and coding, and eventually became a mentor himself.

    While assisting with a summer program at York University in Toronto, where he’s now a fourth-year student, Worku and his group were tasked with working on a United Nations Sustainable Development Goal that focuses on ensuring global access to quality education. For Worku, the project was eye-opening, as it connected back to his formative years. “Growing up in Ethiopia, I witnessed firsthand how many students lacked quality education,” he explains. “Additionally, many people either don’t have access to the Internet, or have issues with unreliable connections.”

    His app playground AccessEd is designed to tackle both of these issues, offering learning resources that are accessible with or without Wi-Fi connectivity. Built using Apple’s machine learning and AI tools, such as Core ML and the Natural Language framework, the app recommends courses based on a student’s background, creating a truly personalized experience.

    “Students can take a picture of their notes, and then the machine learning model analyzes the text using Apple’s Natural Language framework to create flash cards,” Worku says. “The app also has a task management system with notifications, as many students globally have a lot of homework and family responsibilities after school, so they often struggle with time management.”

    Worku hopes that AccessEd can unlock new possibilities for students around the world. “I hope my app will inspire others to explore how modern technologies like machine learning can be used in innovative ways, especially in education, and how they can make learning more engaging, effective, and enjoyable,” he says.

    Apple is proud to champion the next generation of developers, creators, and entrepreneurs through its annual Swift Student Challenge program. Over the past five years, thousands of program participants from all over the world have built successful careers, founded businesses, and created organizations focused on democratizing technology and using it to build a better future. Learn more at developer.apple.com/swift-student-challenge.

    Press Contacts

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics –

  • MIL-OSI: Xsolis’ Dragonfly Wins “Clinical Efficiency Innovation Award” in 2025 MedTech Breakthrough Awards Program

    Source: GlobeNewswire (MIL-OSI)

    FRANKLIN, Tenn., May 08, 2025 (GLOBE NEWSWIRE) — Xsolis, an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers, today announced that it has been selected as winner of the “Clinical Efficiency Innovation Award” in the 9th annual MedTech Breakthrough Awards program for their Dragonfly product. The MedTech Breakthrough Awards is conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market.

    Xsolis’ AI-driven SaaS platform uses real-time predictive analytics to continuously assign an objective medical necessity score and assess the anticipated level of care for every patient. The next generation of the company’s platform was launched in late 2024 as Dragonfly. The enhanced solution enables the use of predictive AI to support nurses and caregivers by removing redundant tasks, enables interoperability and data sharing between other native systems, and provides AI-driven length of stay management.  

    “Xsolis is committed to streamlining the healthcare industry’s friction points – reducing unnecessary and crippling administrative waste to create a sustainable industry,” said Joan Butters, co-founder and CEO of Xsolis. “We developed Dragonfly to empower health systems and health plans to align on medical necessity and care transition decisions earlier in the process so they can take productivity and collaboration to the next level.” Butters added, “The introduction of generative AI, alongside our industry-leading predictive AI, will enable Dragonfly users to further improve efficiency, increase accuracy, and drive better patient outcomes. We thank MedTech Breakthrough for this prestigious recognition among our peers.”

    The MedTech Breakthrough Awards program celebrates excellence and innovation in the health and medical technology industry, recognizing the companies, products, and solutions driving meaningful progress and improving patient care. Spanning a wide range of categories — including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices, Medical Data & Privacy, and beyond — the awards highlight the groundbreaking work that is transforming the healthcare landscape.

    This year’s program saw a record-breaking number of nominations from leading companies and startups across more than 18 countries, showcasing the global impact and momentum of the digital healthcare industry today.

    “Dragonfly meets the evolving needs of health systems and health plans, improving patient care management. Almost a trillion dollars are spent annually on administrative costs in U.S. healthcare, with the greatest area of stress and complexity being payer challenges, according to a 2024 survey of revenue cycle leaders from the Healthcare Financial Management Association,” said Steve Johansson, managing director, MedTech Breakthrough. “Xsolis’ shared application of objective data and predictive analytics has the potential to transform unnecessary payer-provider friction and administrative work. Xsolis has been uniquely solving both of these issues with Dragonfly’s comprehensive data and insights, allowing for more clinician focus, transparency and collaboration between stakeholders, prioritizing patient care.”

    About Xsolis 
    Xsolis is an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers. Dragonfly®, its AI-driven proprietary platform, is the first and only solution to use real-time predictive analytics to continuously assign an objective medical necessity score and assess the anticipated level of care for every patient, enabling more efficiency across the healthcare system. Xsolis is headquartered in Franklin, Tennessee. For more information, visit www.xsolis.com.

    About MedTech Breakthrough
    Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the MedTech Breakthrough Awards program is devoted to honoring excellence and innovation in medical & health technology companies, products, services and people. The MedTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough healthcare and medical companies and products in categories that include Patient Experience & Engagement, Health & Fitness, Medical Devices, Clinical Administration, Connected Healthcare, Medical Data, Healthcare Cybersecurity and more. For more information visit MedTechBreakthrough.com. 

    Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d436f323-68e5-48ad-b77b-c719051894ed

    The MIL Network –

  • MIL-OSI: RTI Connext® Named “Best Overall Connected Healthcare Solution” by MedTech Breakthrough Awards Program

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., May 08, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the software framework company for physical AI systems, today announced that RTI Connext® has been selected as the winner of the “Healthcare Overall Best Connected Healthcare Solution” award conducted by MedTech Breakthrough. This marks RTI’s second win in the program, underscoring its leadership in providing AI-enabled connectivity solutions to leading MedTech companies across surgical robotics, patient monitoring, critical care, and medical imaging. Connext provides a real-time, data-centric software framework that accelerates the development of interoperable, intelligent, and secure medical systems.

    “We’re honored to receive this award that recognizes our contributions in enabling the next wave of innovation in medical technology,” said Stan Schneider, CEO of RTI. “With Connext, development teams can focus on building intelligent architectures without worrying about managing complex infrastructure. As a trusted partner to many industry leaders, RTI is proud to provide the foundational software that enables the future of connected, AI-powered healthcare.”

    As organizations increasingly shift toward AI-driven capabilities, RTI delivers the foundational software infrastructure to support this transformation. Most recently, RTI introduced Connext® AI, a suite of LLM-powered tools designed to build robust, scalable real-time systems. By offering intelligent assistance with system design, coding, and debugging, Connext AI accelerates time to market, streamlines development workflows, and enhances overall system reliability.

    Notably, Connext plays a pivotal role in enabling NVIDIA Holoscan to integrate AI into existing healthcare systems—bridging legacy infrastructure with the future of intelligent care. Connext is also a foundational component in advanced surgical robotics, supporting more than 15 commercial programs that integrate diverse surgical elements. This versatility is exemplified in applications ranging from remote surgery—such as Monogram Orthopaedics’ world-first fully remote total knee arthroplasty—to powering minimally invasive platforms like Levita Magnetics’ MARS system.

    “The healthcare industry requires smart, connected devices to process high-speed data and leverage interoperable applications and systems across components, platforms, and networks,” said Steve Johansson, Managing Director, MedTech Breakthrough. “RTI’s technology delivers on this need, providing a data-centric framework where distributed applications can seamlessly access data flowing anywhere in the system. We extend our sincere congratulations to the entire RTI team for taking home our ‘Healthcare Overall Best Connected Healthcare Solution’ award.”

    To learn more about RTI in MedTech, please visit the RTI website: rti.com/healthcare.

    About RTI

    RTI is the software framework company for physical AI systems, with a mission to run a smarter world. RTI Connext® provides the data architecture for over 2,000 designs in Aerospace and Defense, Medtech, Automotive, and Robotics – running in more than $1T of total deployed systems worldwide. Only RTI combines decades of technical expertise with industry-leading software and tools to develop smarter systems, faster. Learn more at www.rti.com.

    Media Contacts:

    Tiffany Yang
    Public Relations, RTI

    The MIL Network –

  • MIL-OSI Banking: Samsung Launches Galaxy F56, its Slimmest F Series Smartphone in India

    Source: Samsung

     

     
    Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy F56 5G, the slimmest smartphone in the F-Series portfolio. The smartphone is only 7.2mm slim and stands out with several segment-leading features such as flagship grade camera, 6 generations of Android upgrade cycle, Gorilla Glass Victus+ protection on both front and back and advanced AI editing tools.
     
    “With the launch of Galaxy F56 5G, Samsung is reaffirming its commitment to bringing meaningful innovation to empower customers’ lives through powerful, future-ready technology. Galaxy F56 5G brings a perfect blend of design and functionality to deliver top tier experiences to the young consumers looking for a smartphone that complements their lifestyle,” said Akshay S Rao, Director, MX Business, Samsung India. 
     
    Flagship Grade Camera
    Galaxy F56 5G comes with a flagship-grade 50MP OIS triple camera to shoot high-resolution and shake-free videos and photos. The smartphone also features a stunning 12MP HDR front camera for rich and vibrant selfies. The cameras on Galaxy F56 5G are designed for vivid photos and videos—even in low light, thanks to its Big Pixel Technology, Low Noise Mode and AI ISP, taking its Nightography to a different level.  It also features Portrait 2.0 with 2X zoom on the rear camera which enables crisp and natural bokeh effect. Users will also be able to record 4K 30 FPS videos in 10-bit HDR, capturing a wide range of colours for true-to-life output. Galaxy F56 5G will also feature advanced AI-powered editing tools like Object Eraser, Edit Suggestions that make every shot social-ready.
     
    All new Design, Display and Unmatched Durability
    Galaxy F56 5G is only 7.2mm slim and features Corning® Gorilla® Glass Victus® protection on both front and back—making it extremely tough as well as ergonomic. It features a 6.7” Full HD+ Super AMOLED+ display with 1200 nits of High Brightness Mode (HBM) and Vision Booster technology ensuring that users effortlessly enjoy their favourite content even under bright sunlight. The 120Hz refresh rate makes scrolling through social media feed a breeze. A glass back and a metal camera deco on Galaxy F56 5G brings a refreshing and premium design upgrade to the immensely popular Galaxy F series. The smartphone will come in two vibrant and flaunt worthy colours – Green and Violet.
     
    Powerful Performance
    Powered by Exynos 1480 processor with LPDDR5X, Galaxy F56 5G is extremely fast and power-efficient. With the ultimate speed and connectivity of 5G, users can stay fully connected wherever they go, experiencing faster downloads, smoother streaming, and uninterrupted browsing. The processor delivers a swift mobile gaming experience with its flagship level vapor cooling chamber and high-quality audio and visuals.
     
    Galaxy F56 5G packs in 5000mAh battery that enables long sessions of browsing, gaming and binge watching. The massive battery allows users to stay, connected, entertained and productive without interruption. Additionally, the 45W super-fast charging support ensures that the device quickly regains power, keeping you connected and productive throughout the day.
     
    Galaxy Experiences
    Galaxy F56 5G is set to rewrite industry benchmarks by offering segment’s best 6 generations of Android upgrades and 6 years of security updates, ensuring a future-ready experience. The smartphone will come with One UI 7 out of the box.
     
    One UI 7 comes with a simple, impactful and emotive design, bringing streamlined and cohesive experience to Galaxy users. A simplified home screen, redesigned One UI widgets and lock screen allow users to intuitively and seamlessly customize their devices. For added convenience, Now Bar provides real-time updates that matter most right on the lock screen. So, during a morning run, users can easily check their progress and see what song is playing in their Galaxy Buds — all with a simple swipe, without unlocking their phone. Additionally, with deeper Google Gemini integration, controlling the device is as easy as speaking to a friend.
     
    Galaxy F56 5G will also feature one of Samsung’s most innovative security features: Samsung Knox Vault. The hardware-based security system offers comprehensive protection against both hardware and software attacks. Samsung has also introduced its innovative Tap & Pay feature with Samsung Wallet with Galaxy F56 5G, allowing consumers to make secure payments effortlessly.
     
    Product
    Variant
    Introductory Price
    Offers
     
    Galaxy F56 5G
    8GB+128GB
    INR 25999
    Including INR 2000 Instant Bank Discount
    8GB+256GB
    INR 28,999
    Including INR 2000 Instant Bank Discount
     
    Starting today, Galaxy F56 5G will be available in 2 storage variants. Customers can own Galaxy F56 5G with easy EMI options starting at INR 1556 per month through Samsung Finance+ and all leading NBFC partners.
     
     
     

    MIL OSI Global Banks –

  • MIL-OSI USA: Using machine learning to speed up discovery for drug delivery and disease treatment

    Source: US Government research organizations

    New computational tools are speeding up scientists’ ability to determine the structure of complex RNA molecules

    A new computational tool developed with support from the U.S. National Science Foundation could greatly speed up determining the 3D structure of RNAs, a critical step in developing new RNA-based drugs, identifying drug-binding sites and using RNAs in other biotechnology and biomedicine applications.

    The tool, NuFold, leverages state-of-the-art machine learning techniques to predict the structure of a wide variety of RNA molecules from their sequences. This new capability will allow researchers to visualize what a given RNA structure could look like based on its sequence and identify its potential use in drug delivery, disease treatment and other applications.  The research leading to NuFold was published in Nature Communications.

    RNAs are critical biological molecules — encoding information, like DNA, and performing cellular functions, like proteins — but relatively few RNA structures have been determined through experimentation thus far, which severely limits understanding of their functions. For example, RNAs in the NSF-funded Research Collaboratory for Structural Bioinformatics Protein Data Bank (RCSB PDB) represent only about 3% of total entries. Experimentally determining RNA structures is often time-consuming and costly. By providing a path to reliably predicting RNA structure from sequence, NuFold could greatly expedite the discovery of RNA function and enable quicker development of RNA-based therapeutics and technologies.

    Credit: Daisuke Kihara, Purdue University. Figure taken from the Nufold paper under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License

    Case studies of the predictions of NuFold, an NSF-funded AI-based tool for predicting RNA structures.

    These therapeutics and technologies could help address a range of diseases and conditions. For example, information on the structure of small interfering RNAs could aid in limiting gene overexpression that can play a role in cancer, neurological disorders and kidney stones. Knowing the structure of RNAs also could help enhance food security by protecting plants from viruses.

    NuFold leverages state-of-the-art machine learning techniques to predict the structure of a range of RNA molecules from their sequences. The system architecture for NuFold is based on the artificial intelligence-based protein structure prediction tool AlphaFold2, which was trained on the RCSB PDB and whose developers were awarded the 2024 Nobel Prize in chemistry.  The source code for NuFold is openly available for use by the broad computational biology research community and other researchers interested in RNA structures.

    The machine-learning-enabled 3D RNA structures can be realized through novel 3D nanomanufacturing approaches.

    Learn more about NSF support for biotechnology.

    MIL OSI USA News –

  • MIL-OSI: Visiting Media Appoints Chad Kimner as SVP of Growth & Operations

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Visiting Media, the leader in immersive sales and marketing technology for the hospitality industry, today announced the appointment of Chad Kimner as Senior Vice President of Growth & Operations. In this newly created role, Kimner will oversee Product, Marketing, and Product Studio teams while serving as a strategic partner to the CEO in driving operational excellence.

    Kimner brings extensive product management and marketing expertise, along with operational leadership to Visiting Media, with a background spanning both established technology companies and high-growth startups. Most recently, he served as Director of Product Marketing at Meta’s Reality Labs, where he led Go-to-Market efforts for AI, Mixed Reality, and AR products. Previously, he spent nine years at Mozilla in escalating leadership roles, including driving hockey-stick growth of the new product development portfolio.

    “Chad’s unique blend of product leadership and operational excellence comes at a perfect time as we scale our solutions across the global hospitality sector,” said Jascha Kaykas-Wolff, CEO of Visiting Media. “His proven track record in building robust product management and marketing systems and driving cross-functional alignment will help us move with greater clarity and purpose as we enter our next growth phase.”

    In his role, Kimner will focus on strengthening the connection between product development and go-to-market execution. He will partner closely with industry veterans at Visiting Media Steve Sackman, SVP Sales, and Kevin Huang, SVP Customer Experience, to ensure a unified approach across the entire customer journey.

    “I’m thrilled to join Visiting Media at such a pivotal moment in the company’s growth story,” said Kimner. “The team has built an impressive foundation with industry-leading immersive technology. I look forward to helping scale our impact through disciplined product management, operational rigor, and strategic alignment across our go-to-market functions.”

    Kimner holds an MBA from UCLA Anderson and a BA from Middlebury College. His appointment is effective May 12, 2025.

    For more information about Visiting Media and its leadership team, please visit www.visitingmedia.com or contact communication@visitingmedia.com.

    About Visiting Media
    Visiting Media is a leading hospitality company revolutionizing the industry through technology, offering cutting-edge immersive media production (360°, 3D, drone video and CGI virtual tours) and leading software that empowers businesses to engage with clients and enhance their guest experiences. Their innovations are revolutionizing immersive sales enablement and digital asset management for property and above-property sales and marketing teams around the world by harnessing the power of immersion to gain a competitive edge.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e8159f66-627f-40f8-9f74-84b44c7c495f

    The MIL Network –

  • MIL-OSI: How the Industry of Drones is Evolving Rapidly with New Trends and Technologies Emerging Regularly

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Experts in the drone industry are excited about its future. One such player said: “As we soar into a new era of technological innovation, drones are rapidly becoming a significant part of our everyday lives. From aerial photography to package delivery and from environmental monitoring to emergency response, drones are revolutionizing numerous industries.” They continued: “Artificial Intelligence (AI) and Machine Learning (ML) are at the forefront of drone technology advancements. Companies… are leading the way in this area with drones that can navigate complex environments autonomously using AI.  The market for AI in drones is expected to grow significantly, impacting sectors like agriculture, construction, and security. According to a report by MarketsandMarkets, the market size for drones with AI is expected to grow from $2.1 billion in 2022 to $6.5 billion by 2027. The trend towards increased autonomy in drone technology is gaining momentum.  Companies are developing drones that can perform complex tasks without human intervention, such as detecting leaks, inspecting pipelines, and even charging themselves. This increased autonomy is expected to boost efficiency and productivity in various sectors, including agriculture, construction, and logistics. For example, autonomous drones can be used for precision agriculture, where they can monitor crop health, apply fertilizers, and even harvest crops. The enormous commercial potential is why the global precision agriculture market size is expected to reach $19.24 billion by 2030.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), AeroVironment, Inc. (NASDAQ: AVAV), Ondas Holdings Inc. (NASDAQ: ONDS), Palladyne AI Corp. (NASDAQ: PDYN), Red Cat Holdings, Inc. (NASDAQ: RCAT).

    MarketsandMarkets added: “Drone swarming, the coordinated operation of multiple drones, is another emerging trend. Each drone in a swarm operates autonomously yet in harmony with the others, allowing the swarm to cover larger areas and perform tasks more efficiently than a single drone. Companies… are pioneering this technology, using it to create stunning light shows at live events. However, the potential applications of drone swarming extend far beyond entertainment. For example, in search and rescue operations, a swarm of drones can cover a large area to search for signs of life, allowing rescue teams to locate and reach victims more quickly. This technology could prove invaluable in the aftermath of natural disasters, where time is of the essence. The world of drones is evolving rapidly, with new trends and technologies emerging regularly. These advancements are opening up new applications and markets, from agriculture and construction to healthcare and entertainment. As we continue to explore the potential of these versatile machines, it’s clear that drones will play an increasingly important role in our future.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone Tests Proprietary Camera Enabling IQ Nano Drone Swarms for US Defense Applications and Blue UAS Submission – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its subsidiary ZenaDrone is testing a new proprietary specialized camera that enables more efficient indoor applications such as inventory and security management, when utilizing IQ Nano drone swarms for commercial and US defense applications. The new camera prototype developed by its Taiwan component manufacturing subsidiary, Spider Vision Sensors, in collaboration with its certified electronics manufacturing partner, Suntek Global, will enable faster and more precise collection of data including multiple bar codes simultaneously scanned by multiple drones in a drone swarm. The company plans to apply for Blue UAS (Unmanned Aerial Systems) certification that lists and validates drones for military and government use.

    “Our Spider Vision Sensors subsidiary in collaboration with Suntek Global, has helped us speed up development of customized and specialized cameras required for our innovative drone swarm applications for commercial and defense customers. This partnership will continue to be invaluable as we develop our NDAA-compliant supply chain and received Blue UAS certification which will allow military and federal agencies to directly purchase our drones.,” said CEO Shaun Passley, Ph.D.

    Military and Defense departments use small autonomous indoor drones like the 10X10 inch IQ Nano for various applications such as inventory management, indoor building reconnaissance, search and rescue, training simulations, and explosives detection. ZenaDrone is also engaged in a paid trial which includes developing drone swarm applications for inventory management and security applications with a multinational auto parts manufacturer customer.

    A drone swarm is a coordinated group of autonomous drones that communicate and work together using AI and real-time data sharing, to perform tasks collaboratively without direct human control. Drone swarms enhance efficiency, accuracy, automation, and performance compared to a single drone. Autonomous drones can rapidly scan thousands of bar codes or RFID tags per second with high accuracy, providing real-time visibility into inventory without disrupting workflows. A drone swarm can also cover more ground simultaneously, dramatically reducing inventory audit times and manual labour while providing near-total inventory visibility.

    An AI drone swarm for indoor security and surveillance enhances coverage, response time, and efficiency by autonomously patrolling large areas, detecting threats, and providing real-time situational awareness. Unlike stationary cameras or human patrols, drone swarms can dynamically adapt to security breaches, track intruders, and coordinate movements to eliminate blind spots. AI-driven analytics enable them to identify anomalies, recognize faces, and detect unauthorized activity with high precision, reducing false alarms and improving security decision-making. Their autonomous nature minimizes human labor costs while ensuring 24/7 monitoring in complex environments like warehouses, data centers, or commercial facilities.

    The ZenaDrone IQ Nano is available in 10×10 and 20×20-inch sizes, designed to perform regular and frequent inspections such as bar code or RFID scanning, facility maintenance inspections, security monitoring, 3D indoor mapping and other applications inside a warehouse, distribution, or plant facility. It is designed for autonomous use featuring integrated sensors, high-quality cameras, data collection and analysis including AI methodologies. Weighing 1.5kg and with a flight time of at least 20 minutes before utilizing the automatic battery recharging station, it is designed for hovering stability and safety with obstacle avoidance capabilities.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    In Additional ZENA News: ZenaTech’s (NASDAQ:ZENA) Expands Ireland Office Offering Drone as a Service (DaaS) Including Precision Agriculture to a European Market Growing at 28.6% Annually – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it will be expanding operations and opening a new, larger office and its European Headquarters in Dublin, Ireland. The new hub will facilitate the Company’s drone sales and DaaS drone services — including precision agriculture solutions — to a growing UK and European market. The Company anticipates the official grand opening during the summer of 2025.

    Strategically located near Dublin Airport and accessible via all major motorways, the new office location will serve a growing customer base in Ireland and enable growth across Europe, catering to agriculture as well as construction, renewable energy — including wind and solar farms — golf courses, racecourses, and warehouse and logistics.

    “Expanding our Dublin office and establishing a European HQ marks a new chapter in our strategy to scale our drones and DaaS offerings globally while servicing the fastest growing agricultural drone markets located in Europe. Our AI-powered drone solutions are designed to boost crop yields while reducing operational costs and provide smart, data-driven insights — empowering crop monitoring and health assessment, nutrient and resource optimization, and profitability,” said CEO Shaun Passley, Ph.D.

    The European agricultural drone market was valued at approximately USD 4.6 billion in 2023 and is projected to reach USD 43.23 billion by 2032, growing at a compound annual growth rate (CAGR) of 28.58% according to Market Data Forecast . This growth is fueled by the adoption of drones for crop spraying, mapping, pest control, seeding, and remote sensing, which enhance productivity and resource efficiency in farming. Growth is also supported by favorable European government policies and a strong focus on sustainable farming practices.    Continued… Read this full release by visiting: https://www.zenatech.com/newsroom/

    Other recent developments in the drone industry include:

    To meet the emerging air threats of today and the rapidly evolving threats of tomorrow, AeroVironment, Inc. (NASDAQ: AVAV) recently announced Titan 4, the next generation of its battle-proven, warfighter-trusted Counter-Unmanned Aerial Systems (C-UAS) technology. Titan 4 is a smaller, lighter, more powerful, highly extensible Radio Frequency (RF)-based solution to detect and defeat Group 1 and 2 drone threats.

    Titan 4 is portable and mission-adaptable—supporting mobile, dismounted, or fixed-site use—and can deploy in under five minutes to identify and neutralize threats, creating a protective dome around personnel and infrastructure. Titan 4 is 17% lighter and 73% smaller than its dual-chassis predecessor, now integrated into a single compact chassis as compared to its dual-chassis predecessor. It offers nearly 250% more transmit power with 540W of total output over six RF bands to address both current and emerging threats. For enhanced airspace awareness, AV has integrated its Titan-SV system within Titan 4 to provide operators with AI/ML-backed passive, long-range precision threat detection.

    Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced it has secured a $3.4 million order for its Iron Drone Raider Counter-UAS system from renowned European defense contractor for their governmental end client. This marks the initial deployment of the Iron Drone Raider in Europe and represents a major milestone in the global expansion of Ondas’ counter-UAS business.

    “Ongoing geopolitical instability and the rapid proliferation of hostile drone technologies have intensified the urgency for effective counter-UAS capabilities across NATO-aligned and partner nations,” said Eric Brock, Chairman and CEO of Ondas. “This order reflects the rising global demand for autonomous aerial defense systems that can be rapidly deployed, scaled, and adapted to modern threat environments. Iron Drone Raider delivers a differentiated solution for military and homeland security operators charged with safeguarding critical infrastructure and civilian populations from increasingly sophisticated aerial threats.”

    Palladyne AI Corp. (NASDAQ: PDYN), a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, and Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced a significant testing milestone in their ongoing collaboration—the completion of an autonomous, cross-platform collaborative flight involving three diverse heterogeneous drones.

    During this most recent testing, which leveraged Red Cat’s Teal 2 and Black Widow drones and the Palladyne™ Pilot AI software, each platform operated using onboard edge computing and constrained communication protocols without reliance on centralized infrastructure to communicate. The system enabled real-time, distributed detection and tracking of multiple dynamic and static ground objects—including humans and vehicles—in different regions of interest, providing a single operator with comprehensive situational awareness. The two companies previously announced a successful two-drone flight operation in January 2025, and Palladyne AI announced a single-drone testing scenario in December 2024 to autonomously identify, prioritize, and track terrestrial targets.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI Global: Basic research advances science, and can also have broader impacts on modern society

    Source: The Conversation – USA – By Bruce J. MacFadden, Distinguished Professor Emeritus, University of Florida

    As charismatic animals, sharks can stimulate interest in science, research and technology. Florida Museum (Kristin Grace photo)

    It might seem surprising, but federal research funding isn’t just for scientists. A component of many federal grants that support basic research requires that discoveries be shared with nonscientists. This component, referred to as “broader impacts” by the National Science Foundation, can make a big difference for K-12 students and teachers, museumgoers, citizen scientists and other people interested in science, while also helping the scientists themselves give back to the taxpayers that fund their work.

    Basic research, often done because of a curious scientist’s interest, may not initially have a direct application, like developing the smartphone or curing a disease. But these discoveries build important knowledge in the natural sciences, engineering, mathematics and related disciplines.

    The U.S. is a world leader in scientific and technological innovation. On the federal level, the National Science Foundation, or NSF, is one of the primary funders of this kind of basic research. In 2022, the federal government funded 40% of all basic research done in the U.S., with the remainder coming from other sources, including the business sector.

    During World War II, President Franklin D. Roosevelt wanted to position the U.S. for strategic and economic leadership worldwide. He commissioned physicist Vannevar Bush to develop a vision for the future of U.S. science and technology. His 1945 report, “Science: the Endless Frontier,” became the blueprint for government-funded basic research. In 1950, Congress created the National Science Foundation to promote the progress of science, advance national prosperity and welfare and secure the national defense.

    Vannevar Bush historically said that ‘without scientific progress, no amount of achievement in other directions can insure our health, prosperity and security as a nation in the modern world.’
    Office for Emergency Management Defense

    During the early decades of NSF, the 1950s until the late 1990s, proposals were mostly evaluated based on the quality of the science and the scientists doing the work. But then, the foundation created a new system, still in place today.

    Thus, each NSF research proposal is now peer-reviewed based on two criteria: intellectual merit, or the quality and novelty of the science and track record of the research team, and “broader impacts” – related activities that disseminate the discoveries to general audiences.

    Intellectual merit is about advancing science knowledge and innovation, while broader impacts describe why people who aren’t scientists should care, and how society could benefit from this research.

    Another pragmatic aspect to broader impacts is that taxpayers pay for these activities, so it’s important for them, and Congress, to understand their return on investment. These broader impacts activities communicate about, and engage the public in, research in a variety of ways.

    While researchers usually understand the intellectual merit of their NSF-funded projects, these broader impacts can be challenging to characterize.

    Broader impact activities

    Since childhood, I’ve had an interest in paleontology — the study of fossils and what we can learn from them about prehistoric life. This field is primarily basic research — adding to knowledge about ancient life. As a scientist conducting basic research, I’ve felt the responsibility to give back to society through broader impacts activities, and I’ve seen many of the benefits that these activities can have.

    My primary area of interest has been extinct mammals of the Americas, particularly the 55-million-year-old record of fossil horses on this continent. For years, NSF supported my discoveries about this interesting group of animals. Fossil horses are a classic example of evolution — in books and museum exhibits.

    A fossil horse from the Ice Age on display at the Florida Museum. Fossil horses are a classic example of evolution — both in books and museum exhibits.
    Florida Museum (Mary Warrick photo)

    Many people are generally interested in horses, so it’s easy to attract their attention with this charismatic group. They also are often surprised to learn that prehistoric horses were native to North America for millions of years. Then, during historical times, they were first introduced by humans onto the continent about 500 years ago.

    Over the years, my research team has used grant-funded broader impact activities to teach people about these fossil horses and our research. One example included working with K-12 science teachers to develop lesson plans. The students measured fossil horse teeth and explored how their teeth adapted to feeding on grasses. We’ve also developed exhibits on fossil horses and studied how they communicate science to museum visitors.

    Science teachers have joined our fieldwork to collect fossils along the Panama Canal during its recent expansion. I’ve given many talks and collaborated with fossil clubs and their members throughout the U.S. We’ve also promoted projects like Fossils4Teachers where fossil collectors donated their fossils and worked alongside K-12 teachers to develop lesson plans that were implemented back in the teachers’ classrooms.

    The Fossils4Teachers professional development workshop, hosted by the Florida Museum in 2017, is one example of a broader impacts activity.
    Florida Museum (Jeff Gage photo)

    We’ve also been able to activate peoples’ interest in other animal groups — such as fossil sharks. Through our Scientist in Every Florida School program, we gave middle school teachers study kits with real fossil shark teeth. Their students learned to identify the shark teeth and then trained computers to identify the teeth using machine learning, a type of artificial intelligence.

    Students study fossil shark teeth through a program at the Florida Museum of Natural History.
    Florida Museum (Megan Higbee Hendrickson photo)

    Broader impact outcomes

    Broader impacts activities like these can have a variety of short- and long-term outcomes. More than 50 million people visit natural history museums in the U.S. annually. Activities that promote museums can reach large numbers of people in their pursuit of lifelong learning.

    More broadly, participatory science interest groups can allow people to learn about science while informing basic research projects. Within the field of natural history, a few popular examples include the Merlin app and the iNaturalist app, both of which have millions of active observers. Merlin encourages people to submit their observations of birds, and iNaturalist accepts sightings of plants, animals and fossils, which researchers can carefully vet and use as data.

    Many of the K-12 teachers my team has worked with report that they feel more confident teaching the new science content that they learned from our collaborations.

    Interestingly, although much of the research on science professional development focuses on the teachers, scientists also report a high level of satisfaction and improved communication skills after working with these teachers, both in the field and back in the classroom.

    Basic research benefits for society

    Generations of U.S. scientists have greatly benefited from federal investments in basic research. In the 75 years since NSF’s founding, the organization has funded hundreds of thousand projects to advance science and technology.

    These have supported basic research discoveries and also the training and career development of the tens of thousands of scientists working on these projects annually.

    Many prominent scientists have gone on to be productive leaders and innovators in the U.S. and internationally. NSF has funded more than 268 Nobel laureates.

    While NSF invests in the discovery of foundational knowledge about the natural world, funded projects have not traditionally had direct applications for societal benefits. To be sure, however, many of NSF’s projects – for example, on lasers and nanotechnology – started out as curiosity-driven basic research and ended up with immense applications for technological innovation and economic prosperity.

    For example, mapping the Earth’s ocean floor’s magnetic properties during World War II helped scientists understand how the crust moves and mountains form. This led to the plate tectonic revolution in the earth sciences. This line of basic research then led to an important application: predicting the probable location of high-risk earthquake zones worldwide.

    None of these downstream applications and benefits to society would have been realized without basic research discoveries supported by federal agencies such as NSF, and the further value added through broader impacts activities.

    Bruce J. MacFadden has received funding from the U. S. National Science Foundation.

    – ref. Basic research advances science, and can also have broader impacts on modern society – https://theconversation.com/basic-research-advances-science-and-can-also-have-broader-impacts-on-modern-society-252983

    MIL OSI – Global Reports –

  • MIL-OSI Africa: Afreximbank extends EUR15-million factoring line of credit to Banque Postale du Congo

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

    CAIRO, Egypt, May 8, 2025/APO Group/ —

    African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a EUR 15 million Factoring line of credit agreement with Banque Postale du Congo (BPC) in Cairo. The facility will provide liquidity to BPC for factoring supplier invoices accepted by eligible buyers, as well as  for engaging in cross-border factoring.

    Speaking at the signing ceremony, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank, explained that the dual-tranche factoring facility would support small and medium-sized enterprises (SMEs) in the Republic of Congo and enable BPC to expand its cross-border factoring activities.  

    She noted that the facility would significantly boost SME financing in Congo, where BPC is currently the only institution offering factoring. It is expected that the facility will be revolved severally over the next year, resulting in cumulative financing of up to EUR 60 million for SMEs.

    Mrs. Awani highlighted that the transaction is part of a broader strategic partnership between Afreximbank and BPC aimed at promoting factoring in the Republic of Congo and across the Central Africa region. The partnership is also designed to improve access to finance for SMEs, which are vital contributors to job creation and economic growth as well as strengthen capacity building and legal and regulatory framework

    “Factoring has been identified as a key instrument to facilitate the implementation of Afreximbank’s current strategy, Impact 2026 – Extending Frontiers, by providing financing to SMEs that may not meet the criteria for traditional bank lending,” said Mrs. Awani. “This facility will support SMEs and improve their competitiveness by enabling them to trade on open account terms, thereby expanding trade frontiers.”

    Mr. Calixte Tabangoli, Chief Executive Officer of BPC, who signed on behalf of his organisation commented: “We are honoured to once again partner with Afreximbank through this expanded facility. Over the past two years, the Bank’s support has enabled us to provide vital working capital to more than 100 SMEs in Congo. This new EUR 15 million facility will further strengthen our ability to promote financial inclusion and economic development. We deeply appreciate the unwavering commitment of Mrs. Kanayo Awani and her team, whose leadership continues to demonstrate that factoring is a powerful instrument for SME growth across Africa.”

    The facility builds on a strong and evolving partnership between Afreximbank and BPC, which began in 2018 with an initial EUR 5million facility. That support was subsequently increased to EUR 10million in 2022. Since then, BPC’s factoring volumes have grown from EUR 1.5 million in 2018 to EUR 30.5 million in 2024.

    In addition to financing, the partnership has included key capacity-building and policy initiatives. Notably, Afreximbank supported the Republic of Congo’s adoption of a Model of Law on Factoring in 2021. The Bank has also provided technical assistance, including a week-long secondment of three BPC staff members to Afreximbank in June 2024, and has collaborated with BPC in promoting awareness and developing the factoring ecosystem across the region.

    MIL OSI Africa –

  • MIL-OSI: Beeline’s New Affiliate Network to Target 200,000 Realtors and Creators, Accelerate Real Estate Investor Lending

    Source: GlobeNewswire (MIL-OSI)

    Providence, RI, May 08, 2025 (GLOBE NEWSWIRE) — Beeline, (NASDAQ: BLNE) a next-generation digital mortgage lender focused on transforming real estate investment financing, today announced the launch of its Realtor and Content Creator Partner Program. The initiative is designed to accelerate origination growth in Debt Service Coverage Ratio (DSCR) mortgages—one of the fastest-growing segments in investor lending.

    The program empowers affiliates—including licensed real estate professionals and digital creators—with a custom referral platform to drive DSCR mortgage applications. Each affiliate receives a unique referral link, enabling their network to quote and apply directly through Beeline’s platform.

    DSCR loans are underwritten based on rental income from the property rather than the borrower’s personal income, making them especially attractive to real estate investors and short-term rental operators. Over one-third of Beeline’s current volume consists of DSCR mortgages, supported by proprietary tech and expert Loan Guides who think and act like investors themselves.

    “This program gives forward-thinking realtors and creators a way to plug into our engine—and generate income—by connecting their audiences to a platform that actually performs,” said Nick Liuzza, CEO of Beeline. “We’re not repackaging an old process. We’ve reimagined mortgage lending for today’s investors, and this initiative is a natural extension of our growth strategy.”

    Beeline’s Net Promoter Score (NPS) currently exceeds 80—more than 4x the industry average—underscoring customer trust and satisfaction. Reviews consistently cite Beeline’s speed, transparency, and DSCR expertise as competitive differentiators.

    With this program, Beeline is strategically merging the credibility of licensed real estate agents with the distribution power of modern content creators to unlock scalable, cost-effective growth in a high-margin loan category.

    About Beeline
     Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.

    Contact:
    ir@makeabeeline.com

    The MIL Network –

  • MIL-OSI: Pacvue Appoints Ross McNab as Chief Revenue Officer to Accelerate Global Growth

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 08, 2025 (GLOBE NEWSWIRE) — Pacvue, the leading commerce acceleration platform that integrates retail media, commerce management and measurement, today announced the hiring of Ross McNab to Chief Revenue Officer, where he will continue to drive the company’s overall growth strategy and expansion. Most recently, McNab was Chief Revenue Officer at Vistar Media, and has held executive roles at Cardlytics and MediaMath.

    “Our vision of connecting and powering the global retail media ecosystem is bold—and achieving it requires exceptional talent that can help us scale with speed and impact,” said Rahul Choraria, CEO of Pacvue. “Ross has a proven track record of scaling revenue and leading high-performing teams around the world. His expertise will be instrumental in our next phase of growth.”

    Under McNab’s leadership, Vistar Media’s US and international revenue grew 50%, ultimately leading to a $650M acquisition by T-Mobile. Through his work at Cardlytics and MediaMath, McNab has driven profitable growth by evolving businesses from transactional sales to long-term partnerships. Cardlytics revenue almost doubled during his tenure, despite turbulent market conditions, by creating proven value for both Marketer and Financial Institution partners. At MediaMath, he focused the US commercial model on SaaS, winning industry-leading clients like AT&T and P&G against category giants.

    “Pacvue has played a significant role in driving innovation in commerce and retail media forward,” said McNab. “Their ability to stay ahead of market shifts and deliver tangible results for clients is unmatched. I’m thrilled to combine my experiences with the talented team at Pacvue to keep pushing boundaries. Our focus will remain on putting clients first while scaling smart, high-impact commercial strategies that drive outsized results.”

    In addition to the hiring of McNab, Pacuve is promoting Sunava Dutta to Chief Product Officer. Previously the Senior Vice President of Product for Pacvue’s Enterprise Division, Dutta was instrumental in bringing new AI-powered tools to market. Pacvue also promoted Zoe Lu to Executive Vice President and General Manager of Helium 10. She previously served as Senior Vice President and General Manager, where she led the product and commercial teams.

    “At Pacvue, we invest in game-changers, and Sunava and Zoe are prime examples,” said Melissa Burdick, Co-founder and President. “They’ve been instrumental in our growth, and we’re excited to see them take on new challenges and lead Pacvue to even greater heights.”

    Visit Pacvue.com to learn about its latest commerce solutions and recent company developments.

    About Pacvue:
    Pacvue is the leading commerce acceleration platform that integrates retail media, commerce management and measurement. The company’s first-to-market platform drives incrementality, profitability and market share for brands, while turning insights into actionable recommendations. Backed by a global team of experts, Pacvue works with over 70,000 brands and agencies across 95+ retailers worldwide including Amazon, Walmart, Target and Instacart. With the incorporation of Pacvue’s enterprise solution with Helium 10 for SMBs, Pacvue is now the most comprehensive commerce and retail media platform available in the market. Founded in 2018, their global presence includes locations in Seattle, New York, Los Angeles, Washington DC, London, Shanghai and Tokyo. For more information, visit www.pacvue.com.

    Media Contact:
    Scott Samson
    SamsonPR
    scott@samsonpr.com
    415.781.9005

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5682e899-95bb-49f0-8a71-b6a848e2b30a.

    The MIL Network –

  • MIL-OSI: Allied Energy Corporation Advances Gas Supply Infrastructure to Support Bitcoin Mining Partner at Thiel Site

    Source: GlobeNewswire (MIL-OSI)

    • AGYP advances gas-to-power site for sustainable Bitcoin mining operations
    • Trapped gas converted to energy for off-grid AI & data infrastructure
    • Thiel site prepares final testing and computing equipment delivery
    • Natural gas solutions support decentralized computing and edge centers

    CARROLLTON, Texas, May 08, 2025 (GLOBE NEWSWIRE) — Allied Energy Corporation (OTC: AGYP) (”AGYP”), a Texas-based energy company focused on revitalizing underutilized domestic oil and gas resources, is pleased to provide a project update from the Thiel site where AGYP and its partner, Louis Energy Inc., are building out the infrastructure to deliver natural gas to support off-grid computing applications for Louis Energy Inc.

    Key Infrastructure Achievements: Turning Trapped Gas into a Strategic Asset

    AGYP and Louis Energy Inc. have been actively preparing the Thiel site to safely and efficiently channel natural gas to mobile containers for high-density computing. Completed milestones include:

    • Delivery of second modular computing container
    • Installation of on-site mobile office
    • Electrical installation preparation between Generator 2 and Container 2
    • Perimeter security fencing underway
    • Gas supply systems under validation
    • Generator test scheduled (pending P-5 approval)
    • On-site technicians conducting diagnostics and testing

    Planned Operational Advancements: Preparing for Final Integration

    AGYP is entering the final phase of its infrastructure buildout at Thiel, including:

    • Final cable installations and system optimization
    • Delivery of 10 pallets of computing equipment scheduled for next week
    • Wi-Fi connectivity via Starlink
    • Generator testing and operational clearance
    • Surveillance system installation
    • Gas system gauges and fittings to be pressure tested

    Once regulatory approvals are received, the site will begin formal gas-to-power operations.

    The Bigger Picture: Trapped Gas – An Untapped National Resource

    Stranded and flared gas—once considered a waste byproduct—is rapidly gaining traction as a sustainable, low-cost power source for decentralized infrastructure. AGYP’s work at the Thiel site is part of a broader push to transform U.S. energy usage:

    Use Cases for Trapped Gas Beyond Data Mining:

    • AI & Machine Learning Compute Farms – Powering high-density GPU systems
    • Agritech – Supporting controlled-environment agriculture in remote areas
    • Hydrogen Production – Fueling clean hydrogen from hydrocarbon sources
    • Remote & Emergency Operations – Delivering mobile energy to military and disaster response sites
    • Rural Electrification – Bringing energy to underserved communities through microgrids
    • Data & Edge Centers – Supporting low-latency applications with local infrastructure

    National Opportunity:

    • Over 1.4 billion cubic feet/day of gas is flared or vented in the U.S.
      (Source: U.S. Energy Information Administration, 2024)
    • Enough trapped gas exists to power over 10,000 MW of digital infrastructure
      (Source: Digital Wildcatters & Giga Energy)

    States like Texas, North Dakota, New Mexico, and Wyoming are seeing regulatory and ESG-driven momentum to utilize this untapped energy source.

    “We’re positioning AGYP at the center of a new energy economy—where natural gas isn’t wasted but redirected toward powering real-world innovation,” said George Montieth, CEO of AGYP.

    What’s Next for AGYP?

    With Thiel nearing full operational status, AGYP is actively exploring additional partnerships and deployment models to expand its gas-to-power strategy to other high-potential sites. In addition, further updates regarding the company’s carbon capture, gas monetization, and off-grid computing ventures will be provided in the coming months, as previously outlined in AGYP’s February 27, 2025 update.

    AGYP remains committed to turning America’s trapped gas into a strategic energy advantage.

    About AGYP:

    Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing ‘existing’ oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing (“fracking”), drilling of lateral (“horizontal”) legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves. The Company plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, the company will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America (“IPAA”) – “With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America’s true strategic petroleum reserve.”

    Safe Harbor Statement:

    This press release may contain certain forward-looking statements that are within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “potential” and similar expressions. These statements reflect the Company’s current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements.

    Contact:

    Allied Energy Corporation
    Phone: 972-632-2393
    Email: info@alliedengycorp.com
    X: https://x.com/AlliedEnergyCo1

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/805afac9-47b6-422a-a74e-41ed9df311b3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bf09204b-baac-49fe-974f-47b7e199e3a5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/11283726-53b0-48cf-9160-09bcd53a59ec

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2a26cbf3-3990-4f81-8304-8e79d831567a

    The MIL Network –

  • MIL-OSI: Micropolis Unveils Advanced Border Control Robots at Airport Show 2025 in Dubai

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 08, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today unveiled new specialized border control versions of its M1 and M2 robotic mobility platforms at the Airport Show 2025, the region’s leading annual event dedicated to the airports industry, being held on May 6-8 in Dubai. These cutting-edge autonomous vehicles were presented to the UAE National Guard as part of a new pilot initiative aimed at enhancing national border protection capabilities.

    Micropolis is working closely with the UAE National Guard, the official entity overseeing border control across the Emirates, to evaluate the deployment of robotic patrol systems designed to operate in high-security zones, including airports and land checkpoints. These robots are equipped with advanced surveillance sensors, AI-driven behavior analysis, and autonomous navigation systems, enabling them to detect, deter, and report potential threats with minimal human intervention.

    “This marks a pivotal milestone in our defense and homeland security initiatives,” said Fareed Aljawhari, CEO of Micropolis Holding Co. “By integrating robotics into border control operations, we are reshaping the future of national security with intelligent, scalable, and fully autonomous technology.”

    Robotic Platform Highlights:

    • M01 – Designed for open road operations with speeds ranging between 40-47 km/h, making it ideal for faster-paced environments and longer-distance travel.
    • M02 – Crafted for more enclosed settings with a speed range of 10 to 15 km/h, making it ideal for safe, low-speed operations in pedestrian-rich areas.

    The launch comes at a time when governments and security agencies worldwide are increasingly turning to AI-powered systems to improve operational efficiency and reduce dependency on manual surveillance. The Airport Show 2025, a globally recognized event for aviation and security technologies, served as the ideal platform for introducing this innovation to key defense and aviation stakeholders.

    Micropolis continues to expand its global footprint in the security, defense, and smart mobility sectors. The Company remains committed to pioneering autonomous technologies that address some of the world’s most pressing security challenges.

    About Micropolis Holding Co.
    Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

    For more information please visit www.micropolis.ai.

    Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Micropolis’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    Investor Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    PH: (212) 896-1254
    Valter@KCSA.com

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2b68b867-8839-45a1-8a1f-273572319218

    The MIL Network –

  • MIL-OSI: Multimodal AI at a Crossroads: Report Reveals CSEM Risks

    Source: GlobeNewswire (MIL-OSI)

    Boston, May 08, 2025 (GLOBE NEWSWIRE) — As generative AI rapidly evolves to process both text and images, a new Multimodal Safety Report released today by Enkrypt AI, a leading provider of AI safety and compliance solutions for agent and multimodal AI, reveals critical risks that threaten the integrity and safety of multimodal systems.

    The red teaming exercise was conducted on several multimodal models, and tests across several safety and harm categories as described in the NIST AI RMF. Newer jailbreak techniques exploit the way multimodal models process combined media, bypassing content filters and leading to harmful outputs—without any obvious red flags in the visible prompt.

    “Multimodal AI promises incredible benefits, but it also expands the attack surface in unpredictable ways,” said Sahil Agarwal, CEO of Enkrypt AI. “This research is a wake-up call: the ability to embed harmful textual instructions within seemingly innocuous images has real implications for enterprise liability, public safety, and child protection.”

    The report reveals two Mistral models are 60X more prone to generate CSEM content and 40X more prone to generate CBRN content than gpt-4.0 and claude-3.7-sonnet.

    Key Findings: New Attack in Plain Sight
    The research illustrates how multimodal models—designed to handle text and image inputs—can inadvertently expand the surface area for abuse when not sufficiently safeguarded. Such risks can be found in any multimodal model, however, the report focused on two popular ones developed by Mistral: Pixtral-Large (25.02) and Pixtral-12b. According to Enkrypt AI’s findings, these two models are 60 times more prone to generate child sexual exploitation material (CSEM)-related textual responses than comparable models like OpenAI’s GPT-4o and Anthropic’s Claude 3.7 Sonnet.

    Additionally, the tests revealed that the models were 18-40 times more likely to produce dangerous CBRN (Chemical, Biological, Radiological, and Nuclear) information when prompted with adversarial inputs. These risks threaten to undermine the intended use of generative AI and highlight the need for stronger safety alignment.

    These risks were not due to malicious text inputs but triggered by prompt injections buried within image files, a technique that could realistically be used to evade traditional safety filters.

    Recommendations for Securing Multimodal Models
    The report urges AI developers and enterprises to act swiftly to mitigate these emerging risks, outlining key best practices:

    • Integrate red teaming datasets into safety alignment processes
    • Conduct continuous automated stress testing
    • Deploy context-aware multimodal guardrails
    • Establish real-time monitoring and incident response
    • Create model risk cards to transparently communicate vulnerabilities

    “These are not theoretical risks,” added Sahil Agarwal. “If we don’t take a safety-first approach to multimodal AI, we risk exposing users—and especially vulnerable populations—to significant harm.”

    Access the full Multimodal Safety Report and learn more about the testing methodology and mitigation strategies.

    Ends

    About Enkrypt AI
    Enkrypt AI is an AI safety and compliance platform. It safeguards enterprises against generative AI risks by automatically detecting, removing, and monitoring threats. The unique approach ensures AI applications, systems, and agents are safe, secure, and trustworthy. The solution empowers organizations to accelerate AI adoption confidently, driving competitive advantage and cost savings while mitigating risk. Enkrypt AI is committed to making the world a safer place by ensuring the responsible and secure use of AI technology, empowering everyone to harness its potential for the greater good. Founded by Yale Ph.D. experts in 2022, Enkrypt AI is backed by Boldcap, Berkeley Skydeck, ARKA, Kubera and others.

    For more information, visit www.enkryptai.com.

    The MIL Network –

  • MIL-OSI: Siebert Financial Appoints Industry Veteran Fredrick Scuteri as Chief Operating Officer of its Broker-Dealer Subsidiary

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Siebert Financial Corp. (NASDAQ: SIEB), announced the appointment of Fredrick Scuteri as Chief Operating Officer of its broker-dealer subsidiary Muriel Siebert & Co., LLC. In this role, Scuteri will oversee day-to-day operational functions, trading infrastructure, and platform modernization efforts as the firm continues to scale its brokerage services.

    Scuteri brings nearly three decades of experience across institutional trading, asset management, and broker-dealer operations. Prior to joining Siebert, he served as Chief Operating Officer of DriveWealth Institutional, following the firm’s acquisition of Cuttone & Co. He also held the role of Vice President and Head of Trading Operations and Treasury at AQR Capital Management, where he led operations team proving global, multi-asset class coverage for over 250 trading accounts.

    “Siebert Financial has a legacy of resilience and reinvention,” said Scuteri. “I look forward to building on that foundation by bringing scalable, tech-forward solutions to our operations. My focus will be on streamlining workflows, increasing transparency, and applying automation and AI to help future-proof the business, without compromising the firm’s commitment to client service and regulatory excellence.”

    Under Scuteri’s leadership, Siebert will expand its operational capabilities and continue investing in infrastructure to support growth across institutional and retail channels.

    “Fred brings both depth and range to this role,” said John J. Gebbia, CEO of Siebert Financial. “He understands the intricacies of capital markets and, more importantly, he knows how to execute. His ability to turn complexity into clarity is exactly what we need at this stage for the growth of Siebert.”

    “Having someone with Fred’s operational rigor and fintech expertise is a significant advantage,” added John M. Gebbia, Principal at Siebert Financial. “He’s already thinking several steps ahead, whether it’s about optimizing capital, improving workflows integrating AI-automation, or preparing our systems for scale. We’re excited to have him on board.”

    Scuteri is a FINRA-registered Financial Operations Principal (Series 27) with degrees in Finance, an MBA from St. John’s University, and, lately, certifications in Generative AI and Advanced Prompt Engineering from Vanderbilt University.

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

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

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

    These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2023, and Siebert’s filings with the SEC.

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5ec79525-8910-4122-a10b-0e856542cab0

    The MIL Network –

  • MIL-OSI: Runway Growth Finance Corp. Announces Second Quarter Regular Dividend of $0.33 and $0.02 Supplemental Distribution

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., May 08, 2025 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a second quarter 2025 regular cash distribution of $0.33 per share. In addition, the Board of Directors declared a supplemental dividend of $0.02 per share, for the second quarter of 2025.

    The following shows the key dates of the second quarter 2025 dividend, including the supplemental dividend:

    Declaration Date: May 7, 2025
    Record Date: May 19, 2025
    Payment Date: June 3, 2025

    Runway Growth generally intends to distribute, out of assets legally available for distribution, substantially all of its available earnings, on a quarterly basis, subject to the discretion of the Board of Directors. Any distribution by the Company will depend on the Company’s earnings, financial condition, maintenance of regulated investment company status for income tax purposes, compliance with applicable business development company regulations and such other factors as the Board of Directors may deem relevant from time to time. The Company also maintains an “opt out” dividend reinvestment plan, as amended, for its stockholders. As a result, if the Company declares a distribution, then stockholders who have not opted out of the dividend reinvestment plan will have their cash dividends automatically reinvested in additional shares of the Company’s common stock.

    About Runway Growth Finance Corp.
    Runway Growth is a growing specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Runway Growth is externally managed by Runway Growth Capital LLC, an established registered investment adviser that was formed in 2015 and led by industry veteran David Spreng. For more information, please visit www.runwaygrowth.com.

    Forward-Looking Statements
    Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth’s filings with the Securities and Exchange Commission. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    IR Contacts:
    Taylor Donahue, Prosek Partners, rway@prosek.com
    Thomas B. Raterman, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com

    The MIL Network –

  • MIL-OSI: International companies to host live webcasts at Deutsche Bank’s Depositary Receipts Virtual Investor Conference on May 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference (“dbVIC”) on Thursday, May 15, 2025 featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the United States.

    Representatives from participating companies based in China, Hong Kong, Philippines, Denmark, Germany, South Africa, Switzerland, Sweden, and the United Kingdom will respond to questions during formal presentations. The conference is targeted to all categories of investors and analysts interested in international companies.

    There is no fee for participants to log in, attend live presentations and/or ask questions.

    Pre-registration is suggested. Please register here: www.adr.db.com/dbvic

    Conference Agenda May 15th, 2025 (US Eastern Standard Time):

    • 8:00 AM: Bavarian Nordic A/S (Nasdaq Copenhagen: BAVA, OTC: BVNRY)  
    • 8:30 AM: Viomi Technology Co., Ltd (NASDAQ: VIOT)
    • 9:00 AM: Infineon Technologies AG (Xetra: IFX, OTC: IFNNY)
    • 9:30 AM: Clicks Group Ltd (JSE: CLS, OTC: CLCGY)
    • 10:00 AM: First Pacific Company Ltd (HKEX: 142, OTC: FPAFY)
    • 10:30 AM: HUTCHMED (China) Limited (AIM: HCM, NASDAQ: HCM, and HKEX:13)
    • 11:00 AM: 51Talk Online Education Group (NYSE American: COE)
    • 11:30 AM: Yiren Digital Ltd. (NYSE: YRD)
    • 12:00 PM: ABB Ltd. (SIX: ABBN, OTC: ABBNY)
    • 12:30 PM: Belite Bio, Inc  (NASDAQ: BLTE)
    • 13:00 PM: Epiroc AB (Nasdaq Stockholm: EPIA, OTC: EPOAY)
    • 13:30 PM: International Airlines Group (LSE: IAG, MAD: IAG, OTC: ICAGY)
    • 14:00 PM: BDO Unibank, Inc (PSE: BDO, OTC: BDOUY)
    • 14:30 PM: iHuman Inc. (NYSE: IH)

    The presentations will be available for replay after the conference.

    In addition to specializing in administering cross-border equity structures such as American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

    For further information, please contact:
    Dylan Riddle
    Deutsche Bank AG
    Press & Media Relations
    Tel. +12122504982
    Cell. +1(904)3866481
    Email dylan.riddle@db.com

    Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

    Deutsche Bank is sponsoring the Deutsche Bank Depositary Receipt Investor Conference solely for informational purposes. Deutsche Bank does not prepare, review, approve or edit any presentations, statements, documents or other information or materials, whether in written, electronic or verbal form, provided by any company participating in such conference, and disclaims any responsibility for the accuracy or adequacy of any such information or materials. Deutsche Bank is not promoting, endorsing or recommending any company participating in the conference.

    The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the “Act”) on Form F-6. The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant as to or guarantee the accuracy or completeness of the details contained herein and does not undertake an obligation to update or amend this information. Deutsche Bank, its subsidiaries and/or affiliates disclaims any and all liability to fullest extent permitted by law, whether arising in tort, contract or otherwise, which any of them might otherwise have in respect of the above information. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities in the United States, nor does it constitute an offer or solicitation to any person in any other jurisdiction. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© May 2025 Deutsche Bank AG. All rights reserved.

    The MIL Network –

  • MIL-OSI: Delinea Hires Alex Thurber as Senior Vice President of Global Channels, Further Strengthening Its Partner Strategy

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) — Delinea, a pioneering provider of solutions for securing human and machine identities through centralized authorization, today announced the leadership appointment of Alex Thurber as Senior Vice President of Global Channels. With 25 years of global leadership experience in sales, channel strategy, and customer success, Alex will play a pivotal role in driving Delinea’s channel momentum and scaling its partner ecosystem.

    “Alex’s arrival comes at a crucial time as we focus on building partnerships and expanding our client base to fuel Delinea’s next phase of growth,” said Chris Kelly, President of Delinea. “His proven track record in channel strategy and strategic alliances fits perfectly with where we are headed. With AI playing an increasing role in how organizations defend against identity-based threats, Alex’s deep expertise will be instrumental in further elevating our partner network to deliver seamless identity security.”

    Alex has extensive experience across the technology sector with a strong focus on partnerships. Most recently, he spearheaded numerous innovative go-to-market strategies at Riverbed Technology, driving significant success and transformation. Additionally, he has led worldwide channel sales at Cisco and McAfee and held senior leadership roles at Pulse Secure, WatchGuard, and BlackBerry.

    “I’m incredibly excited to join Delinea and become part of a team that is deeply dedicated to the success of its partners and customers at a time when identity security is growing in importance,” said Alex. “Delinea’s commitment to innovation and its strong emphasis on cultivating channel relationships were key factors that drew me in, and I’m eager to contribute to driving the business toward continued success.”

    Alex joins the team at a time when Delinea is accelerating its machine learning and AI offerings. Most recently, the company announced advancements that provide critical guardrails for organizations, enabling them to secure the use of AI and ensure security with AI, all without sacrificing compliance or productivity.

    To learn more about how Delinea secures identities at every interaction, visit: https://delinea.com/why-choose-delinea  

    About Delinea
    Delinea is a pioneer in securing human and machine identities through intelligent, centralized authorization, empowering organizations to seamlessly govern their interactions across the modern enterprise. Leveraging AI-powered intelligence, Delinea’s leading cloud-native Identity Security Platform applies context throughout the entire identity lifecycle – across cloud and traditional infrastructure, data, SaaS applications, and AI. It is the only platform that enables you to discover all identities – including workforce, IT administrator, developers, and machines – assign appropriate access levels, detect irregularities, and respond to threats in real-time. With deployment in weeks, not months, 90% fewer resources to manage than the nearest competitor, and a 99.995% uptime, the Delinea Platform delivers robust security and operational efficiency without compromise. Learn more about Delinea on  LinkedIn,  Twitter, and YouTube. 

    Media Contact
    Justin Ordman
    Corporate Communications Director
    justin.ordman@delinea.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88a635d0-401e-45d9-af44-6f281673b05b

    The MIL Network –

  • MIL-OSI: Advancements In Drone Technology Opening Up New Applications as Market Size Estimated to Reach $57 Billion by 2028

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Drone services are progressively replacing legacy services in the commercial sector, such as aerial surveys, filmography, and search and rescue operations. They offer the advantages of prolonged operation, remote control by human operators, or autonomous functioning by onboard computers. The increasing adoption of drone services across various civil and commercial applications can be attributed to their extended endurance and cost-effectiveness. Furthermore, the integration of advanced technologies like artificial intelligence, IoT (Internet of Things), and cloud computing into drone services is expected to further boost their demand across various sectors. A report from MarketsAndMarkets said that the Global Drone Services Market Size is estimated to reach USD 57.8 billion by 2028, growing at a CAGR of 27.7% during the forecast period. The report continued: “The drone market size continues to expand as the drone services industry evolves, offering a diverse range of services for both remotely controlled and autonomously flown drones. This industry integrates software-controlled flight plans into drones’ embedded systems, making it a critical component in sectors like agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure. The demand for these services, which includes tasks such as search and rescue, package delivery, industrial inspections, imaging, and healthcare supply distribution to remote areas, significantly contributes to the growing drone market size.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Teledyne Technologies Incorporated (NYSE: TDY), ParaZero Technologies Ltd. (NASDAQ: PRZO), Safe Pro Group Inc. (NASDAQ: SPAI), Unusual Machines, Inc. (NYSE American: UMAC).

    MarketsAndMarkets added: “In terms of market segmentation, drone services are categorized by the type of service provided, including platform services (further divided into flight piloting and operation, data analysis, and data processing), maintenance, repair, and operations (MRO), and simulation and training. The application-based segmentation encompasses inspection and monitoring, mapping and surveying, spraying and seeding, filming and photography, transport and delivery, as well as security, search, and rescue. The industry-based segmentation covers a wide spectrum of sectors, including construction and infrastructure, agriculture, utility, oil & gas, mining, defense and law enforcement, media and entertainment, scientific research, insurance, aviation, marine, healthcare and social assistance, and transportation, logistics, and warehousing. These industries rely heavily on drones for functions like inspection, monitoring, and photography, further driving the drone market size.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone Tests Proprietary Camera Enabling IQ Nano Drone Swarms for US Defense Applications and Blue UAS Submission – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its subsidiary ZenaDrone is testing a new proprietary specialized camera that enables more efficient indoor applications such as inventory and security management, when utilizing IQ Nano drone swarms for commercial and US defense applications. The new camera prototype developed by its Taiwan component manufacturing subsidiary, Spider Vision Sensors, in collaboration with its certified electronics manufacturing partner, Suntek Global, will enable faster and more precise collection of data including multiple bar codes simultaneously scanned by multiple drones in a drone swarm. The company plans to apply for Blue UAS (Unmanned Aerial Systems) certification that lists and validates drones for military and government use.

    “Our Spider Vision Sensors subsidiary in collaboration with Suntek Global, has helped us speed up development of customized and specialized cameras required for our innovative drone swarm applications for commercial and defense customers. This partnership will continue to be invaluable as we develop our NDAA-compliant supply chain and received Blue UAS certification which will allow military and federal agencies to directly purchase our drones.,” said CEO Shaun Passley, Ph.D.

    Military and Defense departments use small autonomous indoor drones like the 10X10 inch IQ Nano for various applications such as inventory management, indoor building reconnaissance, search and rescue, training simulations, and explosives detection. ZenaDrone is also engaged in a paid trial which includes developing drone swarm applications for inventory management and security applications with a multinational auto parts manufacturer customer.

    A drone swarm is a coordinated group of autonomous drones that communicate and work together using AI and real-time data sharing, to perform tasks collaboratively without direct human control. Drone swarms enhance efficiency, accuracy, automation, and performance compared to a single drone. Autonomous drones can rapidly scan thousands of bar codes or RFID tags per second with high accuracy, providing real-time visibility into inventory without disrupting workflows. A drone swarm can also cover more ground simultaneously, dramatically reducing inventory audit times and manual labour while providing near-total inventory visibility.

    An AI drone swarm for indoor security and surveillance enhances coverage, response time, and efficiency by autonomously patrolling large areas, detecting threats, and providing real-time situational awareness. Unlike stationary cameras or human patrols, drone swarms can dynamically adapt to security breaches, track intruders, and coordinate movements to eliminate blind spots. AI-driven analytics enable them to identify anomalies, recognize faces, and detect unauthorized activity with high precision, reducing false alarms and improving security decision-making. Their autonomous nature minimizes human labor costs while ensuring 24/7 monitoring in complex environments like warehouses, data centers, or commercial facilities.

    The ZenaDrone IQ Nano is available in 10×10 and 20×20-inch sizes, designed to perform regular and frequent inspections such as bar code or RFID scanning, facility maintenance inspections, security monitoring, 3D indoor mapping and other applications inside a warehouse, distribution, or plant facility. It is designed for autonomous use featuring integrated sensors, high-quality cameras, data collection and analysis including AI methodologies. Weighing 1.5kg and with a flight time of at least 20 minutes before utilizing the automatic battery recharging station, it is designed for hovering stability and safety with obstacle avoidance capabilities.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    In Additional ZENA News: ZenaTech’s (NASDAQ:ZENA) Expands Ireland Office Offering Drone as a Service (DaaS) Including Precision Agriculture to a European Market Growing at 28.6% Annually – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it will be expanding operations and opening a new, larger office and its European Headquarters in Dublin, Ireland. The new hub will facilitate the Company’s drone sales and DaaS drone services — including precision agriculture solutions — to a growing UK and European market. The Company anticipates the official grand opening during the summer of 2025.

    Strategically located near Dublin Airport and accessible via all major motorways, the new office location will serve a growing customer base in Ireland and enable growth across Europe, catering to agriculture as well as construction, renewable energy — including wind and solar farms — golf courses, racecourses, and warehouse and logistics.

    “Expanding our Dublin office and establishing a European HQ marks a new chapter in our strategy to scale our drones and DaaS offerings globally while servicing the fastest growing agricultural drone markets located in Europe. Our AI-powered drone solutions are designed to boost crop yields while reducing operational costs and provide smart, data-driven insights — empowering crop monitoring and health assessment, nutrient and resource optimization, and profitability,” said CEO Shaun Passley, Ph.D.

    The European agricultural drone market was valued at approximately USD 4.6 billion in 2023 and is projected to reach USD 43.23 billion by 2032, growing at a compound annual growth rate (CAGR) of 28.58% according to Market Data Forecast . This growth is fueled by the adoption of drones for crop spraying, mapping, pest control, seeding, and remote sensing, which enhance productivity and resource efficiency in farming. Growth is also supported by favorable European government policies and a strong focus on sustainable farming practices.    Continued… Read this full release by visiting: https://www.zenatech.com/newsroom/

    Other recent developments in the drone industry include:

    Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE: TDY), has recently announced a number of upgrades to its Black Hornet® 4 Personal Reconnaissance System to further boost operational effectiveness for warfighters. The enhanced features are being showcased at the Special Operations Forces (SOF) Week annual conference at the Tampa Convention Center, May 6 to May 8.

    In development over the past year, the series of improvements include a 50% increase in Black Hornet’s radio communications range from two to three kilometers (in optimal conditions). The BH4’s new Android tablet, part of the ground control station, now has up to twice the battery life, plus a battery heater for charging in cold temperatures. The new tablet also features improved ergonomics, making it easier to use while wearing gloves.

    Black Hornet 4 can operate in 25-knot winds and rain, and extensive testing was performed to validate its already rugged endurance capabilities. The drone itself is now IP-52 rated, able to withstand 7.6 mm of rain per hour while in flight, while the ground control station boasts an IP-54 rating.

    Unusual Machines, Inc. (NYSE American: UMAC), a United States based manufacturer and distributor of drone parts recently has successfully closed a confidentially marketed public offering for the sale of 8,000,000 shares of the Company’s Common Stock at the offering price of $5.00 per share (the “Offering”) resulting in gross proceeds of $40 million, before deducting placement agent fees and other offering expenses. The Offering closed on May 7, 2025.

    Allan Evans, the Company’s Chief Executive Officer and other members of the Company’s Board of Directors and all members of the Company’s advisory board purchased shares in the Offering on the same terms as the other investors. “We are overwhelmed by the level of support from everyone involved in the process,” said Allan Evans “This raise is absolutely a case of everyone putting their money behind accelerating American manufacturing for drones”.

    ParaZero Technologies Ltd. (NASDAQ: PRZO), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, recently announced that it has received a new order for dozens of units of its innovative SafeAir™ M4 system. The order was placed by a prominent European drone distributor that serves a wide range of commercial, public safety, and enterprise drone operators across the region.

    The SafeAir™ M4, ParaZero’s next-generation autonomous parachute recovery system, is designed for seamless integration with DJI’s Matrice 4 series. It features a newly developed deployment mechanism with real-time telemetry and is designed and expected to comply with the highest European regulatory standards to enable safe flight in urban areas throughout the EU.

    Safe Pro Group Inc. (NASDAQ: SPAI), a leading provider of artificial intelligence (AI)-driven security solutions, recently announced it has successfully completed multiple demonstrations of its patented Safe Pro Object Threat Detection (SPOTD) technology to various branches of the U.S. Department of Defense. Following these briefings, the Company commenced the integration of its SPOTD technology onto the Win-TAK platform, part of the U.S. Army’s Tactical Assault Kit (TAK) software ecosystem.

    As a result of these successful demonstrations, the Company is accelerating additional development efforts that seek to integrate the Company’s SPOTD technology into the full TAK software ecosystem which includes the U.S. Army’s ATAK (Android Tactical Assault Kit or ATAK) platform. Integration of SPOTD into ATAK is designed to allow detections of small explosive threats instantly identified in drone-based imagery by the Company’s AI technology to be quickly pushed across potentially hundreds of thousands of soldier-carried and vehicle-mounted wireless connected devices widely utilized by the U.S. Armed Forces.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: EXL to participate in upcoming investor conferences

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — ExlService Holdings, Inc. (NASDAQ: EXLS), a leading data and AI company, today announced Maurizio Nicolelli, executive vice president, chief financial officer, and John Kristoff, vice president, head investor relations, are expected to participate at the following investor conferences:

    • 20th Annual Needham Technology, Media, & Consumer 1×1 Conference, Monday, May 12, 2025, Virtual
    • TD Cowen 53nd Annual Technology, Media & Telecom Conference, Thursday, May 29, 2025, New York, NY, (presentation at 10:50 AM EDT)
    • Baird 2025 Global Consumer, Technology & Services Conference, Thursday, June 5, 2025, New York, NY (presentation at 2:00 PM EDT)
    • Live audio webcasts of company presentations will available on the events page of EXL’s investor website.

    About ExlService Holdings, Inc.
    EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 60,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Contacts:
    Investor Relations
    John Kristoff
    +1 212 209 4613
    ir@exlservice.com 

    Media
    Keith Little
    +1 703 598 0980 
    media.relations@exlservice.com 

    The MIL Network –

  • MIL-OSI: Red Cat to Report Q1 2025 Earnings and Provide Corporate Update on Wednesday, May 14, 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN JUAN, Puerto Rico, May 08, 2025 (GLOBE NEWSWIRE) — Red Cat (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces that financial results for the Q1 2025 period will be reported on Wednesday, May 14, 2025 at the market close.

    Company management will host an earnings conference call at 4:30p.m. ET on Wednesday, May 14, 2025 to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session.

    Interested parties can listen to the conference call by dialing 1-844-413-3977 (within the U.S.) or 1-412-317-1803 (international). Callers should dial in approximately ten minutes prior to the start time and ask to be connected to the Red Cat conference call. Participants can also pre-register for the call using the following link: https://dpregister.com/sreg/10199765/ff2109d7f3

    The conference call will also be available through a live webcast that can be accessed at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=OqffyYp4

    A replay of the webcast will be available until May 28, 2025 and can be accessed through the above link or at www.redcat.red. A telephonic replay will be available until May 28, 2025 by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) and using access code 2313236. Replay using an international dial-in number can be accessed at: https://services.choruscall.com/ccforms/replay.html

    About Red Cat

    Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a Family of Systems. This includes the Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed-wing VTOL for extended endurance and range, and FANG™, the industry’s first line of NDAA-compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red.

    Forward Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.

    Contact:

    INVESTORS:
    E-mail: Investors@redcat.red

    NEWS MEDIA:
    Phone: (347) 880-2895
    Email: peter@indicatemedia.com

    The MIL Network –

  • MIL-OSI: PeakMetrics Appoints Noha Georges to Its Board of Advisors

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 08, 2025 (GLOBE NEWSWIRE) — PeakMetrics, a leader in AI-driven narrative intelligence, is pleased to announce the appointment of Noha Georges to its Board of Advisors. Georges brings over two decades of global experience in strategic communications, reputation management, and public affairs, with deep expertise in both the Middle East and North Africa (MENA). Her addition to the advisory board marks a significant step in PeakMetrics’ mission to expand its reach and enhance its intelligence offering across regions.

    Georges is a seasoned executive with a proven track record of advising top-tier organizations, governments, and Fortune 500 companies. Throughout her career, she has led high-impact communications strategies for organizations such as Deloitte, Ogilvy, and Qatar Central Bank, shaping business narratives and managing reputational risks on a global scale. Her expertise spans corporate communications, executive coaching, crisis response, and digital marketing, making her an invaluable asset to PeakMetrics’ growth and expansion efforts.

    “Noha’s strategic insight and deep understanding of communications challenges on a global scale make her an exceptional addition to our advisory board,” said Nick Loui, Co-Founder & CEO of PeakMetrics. “Her experience in both the public and private sectors across MENA will be instrumental as we continue to enhance our platform’s capabilities and expand our ability to service customers internationally.”

    In her role, Georges will advise PeakMetrics on strategic communications, government relations, and market expansion across MENA, helping to strengthen the company’s capabilities and tailor its offering to better address the region’s unique information environment, AI-driven threats, and evolving influence dynamics.

    “I am thrilled to join PeakMetrics at such a pivotal time in its growth journey,” said Noha Georges. “The ability to detect and defend against emerging narratives is critical for organizations worldwide. I look forward to contributing to PeakMetrics’ mission and supporting its expansion into new markets.”

    Georges has been recognized with multiple industry awards, including the Platinum Hermes Creative Award in Content Innovation and a Silver Stevie Award in Digital Marketing. She is a sought-after speaker and thought leader on corporate reputation and crisis management.

    For more information about PeakMetrics and its AI-driven narrative intelligence platform, visit www.peakmetrics.com.

    About PeakMetrics

    PeakMetrics provides a cutting-edge narrative intelligence solution designed to help government entities and organizations proactively detect, decipher, and defend against malign influence and adversarial information campaigns. Leveraging advanced narrative ML technology, PeakMetrics identifies emerging narratives in real time, assesses their impact to prioritize the most pressing threats, and delivers actionable response plans to support mission-critical decision-making. Organizations rely on PeakMetrics to counter foreign influence, mitigate deceptive media, and strengthen resilience against evolving information threats.

    Media Contact:
    Jessica Pratt
    PeakMetrics
    jessica@peakmetrics.com

    The MIL Network –

  • MIL-OSI: Best Online Casinos Australia: Experts Pick 7Bit Casino as the Best Australian Casino for 2025

    Source: GlobeNewswire (MIL-OSI)

    PERTH, Australia, May 08, 2025 (GLOBE NEWSWIRE) — The online gambling scene in Australia is booming, with countless casinos competing for the top spot. After diving deep into the iGaming landscape, we’ve found that 7Bit Casino stands out as the clear winner for 2025. With its crypto-friendly setup, super-fast payouts, and an impressive selection of over 4,000 games, 7Bit Casino raises the bar for what Aussie players should expect from online casinos.

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    Why 7Bit Casino Is the Go-To for Crypto Players

    As a pioneer in crypto gambling, 7Bit Casino is the premier pay ID casino for players who prefer digital currencies. Supporting cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, and more, the platform offers fast, secure, and low-cost transactions. Crypto players benefit from enhanced privacy, instant withdrawals, and lower fees, making 7Bit Casino a leading anonymous online casino.

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    Game Developers: Partnerships with Industry Leaders

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    Community Feedback: What Aussie Players Are Saying

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    Exclusive Features: What Makes 7Bit Casino Unique

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    Localization for Australian Players

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    Innovation and Technology: Staying Ahead of the Curve

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    The Future of 7Bit Casino in Australia

    The online gambling industry is dynamic, with new platforms emerging regularly. However, 7Bit Casino’s consistent excellence and commitment to innovation position it as a leader for 2025 and beyond. By expanding its game library, embracing new technologies, and refining its services, 7Bit Casino remains a frontrunner among the best online casinos Australia.

    Our team will revisit this evaluation in 2026 to determine if 7Bit Casino retains its top spot or if a new contender emerges. For now, its blend of crypto compatibility, fast payouts, and diverse games makes it the ultimate choice for Aussie gamblers seeking a top new online casino.

    Conclusion: The Ultimate Destination for Aussie Gamblers

    After a thorough review of Australia’s online gambling landscape, 7Bit Casino stands out as the best online casino in Australia for 2025. Its extensive game library, generous bonuses, rapid payouts, and unwavering commitment to player safety make it the ideal destination for both casual and serious gamblers. As a leading Pay ID casino and anonymous online casino, 7Bit Casino offers unmatched flexibility, security, and excitement for Aussie players.

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    Email: support@7bitcasino.com

    Disclaimer & Affiliate Disclosure

    The information in this article is for informational and promotional purposes only and should not be considered legal, financial, or professional advice. While efforts have been made to ensure accuracy at the time of publication, no warranties are made regarding its completeness or timeliness. Readers should independently verify information before acting on it. The publisher and affiliates are not liable for errors, omissions, or consequences arising from reliance on this content.

    This article may contain affiliate links, which may earn a commission at no additional cost to readers. Affiliate relationships do not influence the editorial integrity of the content, and all evaluations are based on independent research. Online gambling is intended for individuals of legal gambling age (18+ in Australia). Gambling carries financial risks and may lead to addiction. Engage responsibly and seek help from certified organizations like Gambling Help Online if needed.

    All brand names and trademarks are the property of their respective owners. This content is not endorsed or sponsored by any brands unless explicitly stated. By reading this article, you accept that you do so at your own risk and hold the publisher and affiliates harmless from any liability.

    Legal Disclaimer

    This content is for informational purposes only and does not constitute legal, financial, or gambling advice. Information is presented “as is,” without warranties. Readers must verify compliance with Australian gambling laws, including the Interactive Gambling Act 2001. The publisher is not liable for losses or consequences.

    Affiliate Disclosure

    Some links may be affiliate links, earning a commission at no cost to you. Recommendations are objective, and partnerships do not influence content.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa44afac-0c0b-4dcc-a50b-a70ea8745b37

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  • MIL-OSI: MEXC Lists Doodles (DOOD) with 50,000 USDT Worth of DOOD and 50,000 USDT Bonus Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 08, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, announces it will list Doodles (DOOD) on May 9, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 50,000 USDT Worth of DOOD & 50,000 USDT Bonus for new and existing users.

    Doodles is a Web3-native creative brand established in October 2021 by Canadian digital artist Burnt Toast (Scott Martin), alongside Evan Keast and Jordan Castro. The project features a collection of 10,000 unique generative NFT avatars, renowned for their vibrant, pastel-colored designs. Since its inception, Doodles has evolved into a multifaceted entertainment brand, expanding into animation, music, and fashion collaborations. Doodles has also partnered with prominent brands like Adidas, Crocs, and McDonald’s to bridge NFT culture with mainstream audiences.

    In February 2025, Doodles announced the launch of its official token, DOOD, aimed at enhancing community engagement and supporting the decentralized development strategy of Doodles. Following the announcement of the token, Doodles NFT trading volume surged to $16 million in one week, marking the second-highest weekly trading volume in the project’s history. The total supply of DOOD is capped at 10 billion, with no possibility of inflation. As a key element in fostering community interaction and value sharing, DOOD enables token holders to participate in governance, access exclusive content, and contribute to the growth of the Doodles ecosystem.

    To celebrate the listing, MEXC is hosting an Airdrop+ event from May 8, 11:00 to May 18, 11:00, 2025 (UTC), offering a range of rewards and exclusive opportunities:

    Benefit 1: Deposit and share $32,000 USDT in DOOD (New user exclusive)
    Benefit 2: Spot Challenge – Trade to share $10,000 in DOOD (For all users)
    Benefit 3: Futures Challenge – Trade to share 50,000 USDT in Futures bonus (For all users)
    Benefit 4: Invite new users and share $8,000 in DOOD (For all users)

    MEXC has established itself as an industry leader by consistently providing users with early access to promising projects. According to the latest TokenInsight report, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, the exchange has listed more than 3,000 digital assets. MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.

    For full event details and participation rules, please visit here.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Risk Disclaimer:
    The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

    Disclaimer: This is a paid post and is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b631a595-d2ed-4ac7-8d15-5009779b29cd

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  • MIL-OSI USA: Join us on 5/22 for a Foreign and Comparative Law Webinar: “How to Handle AI? – Italian National Regulation in the Context of European Law”

    Source: US Global Legal Monitor

    The following is a guest post by Dante Figueroa, a senior legal information analyst at the Law Library of Congress covering Italian, Vatican, Roman, and Canon law. Dante has previously published the following posts: From Summorum Pontificum to Traditionis Custodes: Changes in Liturgical Matters at the Catholic Church, Vatican Criminal Law and Recent Money Laundering Cases, Collections and Digitization Projects of the Vatican Apostolic Library, and The Roman Senate as Precursor of the U.S. Senate, among others. 

    Please join us on May 22, 2025, at 2:00 p.m. EDT for another entry into our Foreign and Comparative Law Webinar series with our “How to Handle AI? – Italian National Regulation in the Context of European Law” webinar. Artificial Intelligence (AI) is the new reality the world is facing in the 21st century. Most know about it, but few understand it properly, and even fewer dare to predict the implications of AI in all aspects of life.

    In this context, current developments and innovations concerning AI pose meaningful challenges to governments and the private sector, in particular in the area of fundamental human rights. For instance, the inclusion of Algorithmic Decision-Making (ADM) processes in various aspects of human endeavors, such as policing, employment, health care, business, and criminal justice, may reinforce and even create new barriers to fairness in society.

    Regulation (EU) 2024/1689 (“AI Act”) is the world’s first regulatory framework on AI. This regulation offers a comprehensive legislative framework for using AI, with broad coverage and allocated duties and obligations based on a hierarchy of risks to health, safety, and fundamental human rights. Accordingly, the AI Act contains regulatory tools available to member states and private actors with the ultimate purpose of shielding real or perceived disruptions caused by AI on contemporary societies. Other European Union (EU) regulations also tackle AI, including the EU’s General Data Protection Regulation (“GDPR”) and the “Digital Services Act.”

    In this context, the webinar will analyze the aforementioned EU’s AI regulatory framework, from a legal and ethical perspective, to understand the challenges posed by AI innovations to the traditional human-centered environment. Particular attention will be given to the recent European Court of Justice’s decision in the “Schufa case.”

    Italy is not unaware of the many challenges posed by AI in various sectors of life. On April 23, 2024, the Council of Ministers approved a draft of a legislative bill dedicated to AI. Most recently, on March 20, 2025, a legislative bill was introduced into the Italian Senate concerning AI. However, no enacted legislation on AI currently exists in Italy.

    Accordingly, the webinar will also ponder the current and future implications of both EU and tentative domestic legislation on AI for Italy.

    Register here. 

    The main speaker will be Roberto D’Orazio, who is a senior legislative analyst at the Italian Parliamentary Library, and will present alongside Dante Figueroa, senior legal information analyst at the Law Library of Congress. Dante has a J.D. degree from the University of Concepcion, Chile, an LL.M. from the University of Chile, and an LL.M. from American University in Washington, D.C. He is fluent in Spanish, English, French, and Italian, and conversant in German and Portuguese.

    To learn about other upcoming classes on domestic and foreign law topics, visit the Legal Research Institute. Please request ADA accommodations at least five business days in advance by contacting (202) 707-6362 or [email protected].

    Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

    MIL OSI USA News –

  • MIL-OSI: Fluent, Inc. and Rebuy Partner to Unlock Post-Purchase Advertising for Shopify Merchants

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading provider of commerce media solutions, and Rebuy Engine, a leading ecommerce personalization platform for Shopify brands, have announced a strategic partnership to launch Rebuy Ads powered by Fluent, a new product offering designed to help merchants further engage their customers while unlocking additional revenue at no cost.

    Unparalleled Scale and Insights

    Rebuy Engine is uniquely positioned to drive impact at scale, generating over $1 billion in new revenue for its 12,000+ active merchants each year. The partnership leverages Fluent’s AI-powered advertiser marketplace and extensive expertise in demand generation, and pairs that with Rebuy Engine’s deep integration with the Shopify ecosystem and growing partner network.

    Rebuy Ads powered by Fluent is revenue-positive for merchants—no investment in new tools or services required. It’s a unique offering that pays merchants for adoption rather than charging them, ensuring a high-value, risk-free opportunity while also providing Fluent access to new audiences via Rebuy Engine’s extensive merchant network. This innovative approach is expected to drive rapid adoption and engagement within the Rebuy Engine merchant community and Shopify platform.

    “We’re excited to launch a solution that gives our merchants new revenue opportunities,” said Rebuy Co-Founder, James Van Erck. “With this new offering, merchants can monetize the thank-you page and get paid through Rebuy Ads powered by Fluent. Fluent’s competitive positioning in commerce media and commitment to partner success make them an ideal partner for this new endeavor. We believe this partnership strengthens our focus on helping brands deliver personalized experiences, convert more traffic, and grow faster.”

    Tim Lukens, President of Commerce Media at Fluent, stated, “Our proficiency in performance marketing drives measurable growth for our partners. We are thrilled to collaborate with Rebuy to bring an integrated and unique solution to the Shopify ecosystem—leveraging our expertise in customer acquisition and engagement to create a seamless, high-value opportunity for merchants. Rebuy’s expansive partner network and merchant-first approach align seamlessly with Fluent’s mission to deliver high-impact commerce media solutions at scale.”

    Looking Ahead

    The Fluent and Rebuy partnership marks a significant step in expanding monetization opportunities for merchants while reinforcing the companies’ mutual commitment to design-led innovation and growth. With the combined expertise of both companies, Rebuy Ads powered by Fluent is set to redefine how Shopify merchants engage with performance-driven advertising. For more information on Rebuy Ads powered by Fluent and partnership opportunities, visit https://www.rebuyengine.com/product/ads.

    About Rebuy
    Rebuy empowers Shopify stores of all sizes to deliver personalized shopping experiences designed to increase conversions, boost order values, and retain more customers using intelligent upsells, cross-sells, and post-purchase follow-ups. More than 12,000 of the fastest-growing brands on Shopify use Rebuy, including Olipop, Aviator Nation, Momofuku, Tecovas, and DIME Beauty.

    About Fluent, Inc.
    Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging exclusive ad inventory, robust first-party data, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights, visit https://www.fluentco.com.

    Forward-Looking Statements
    This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward-looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release. Readers are also advised to consider the factors under the heading “Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Report on Form 10-K, as may be supplemented or amended by the Company’s Quarterly Reports on Form 10-Q and other SEC filings. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

    Contact Information
    Walter Frank
    IMS Investor Relations
    fluent@imsinvestorrelations.com

    The MIL Network –

  • MIL-OSI: Consumer Portfolio Services Deploys AI-Powered Servicing Platform from Salient to Advance Collections Strategy

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, NV, May 08, 2025 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”), a leader in providing indirect automobile financing to consumers, today announced the deployment of a next-generation AI-powered servicing and collections platform developed in partnership with Salient, a leading provider of AI voice agent solutions tailored for the automotive industry.

    As Consumer Portfolio Services continues to scale its loan portfolio and optimize servicing operations, Salient’s AI platform is expected to play a key role in accelerating collections and improving repayment consistency, which should improve credit performance over time. The platform leverages conversational AI voice agents to automate borrower outreach across key servicing functions, including payment collection, due date adjustments, payoff management, and insurance verification, allowing CPS to redeploy human agents to focus on more complex cases. Salient’s platform has demonstrated a more than 60% reduction in handle times and improved customer response rates in previous implementations, positioning CPS to benefit from similar efficiency gains as it integrates the technology in 2025.

    “Our progress in scaling efficiently is supported by strategic investments in advanced AI automation,” said Mike Lavin, Chief Operating Officer of CPS. “By leveraging Salient’s voice AI agents to handle routine servicing tasks, we can free up our human agents to focus on higher-value and more complex customer interactions, strengthening our overall servicing and collections strategy. Salient’s technology enables us to execute collections strategies with greater precision and speed, improving repayment consistency, which should strengthen cash flow and credit performance over time. As we continue to expand our portfolio and originations, this integration reinforces the strength of our servicing platform while ensuring strict regulatory compliance.”

    Salient’s AI platform has processed over $1 billion in transactions and is built specifically for the automotive lending industry. The platform ensures compliance with key lending regulations, including FDCPA, FCRA, UDAAP, and CFPB guidelines, while maximizing customer outreach effectiveness. By automating outreach and borrower interactions, the platform enhances customer responsiveness and regulatory adherence.

    CPS recently reported strong loan origination growth, with a 52% year-over-year increase in new auto loan originations for the fourth quarter of 2024 and a total portfolio balance reaching a company record $3.6 billion. As CPS enters 2025 with momentum, leveraging AI-driven servicing solutions is expected to support continued efficiency gains and may contribute to further improvements in loan performance, reductions in servicing costs, and enhancements in overall portfolio profitability.

    About Consumer Portfolio Services:
    Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives.

    About Salient
    Designed specifically for the consumer finance sector, Salient is a cutting-edge generative AI platform crafted to revolutionize customer-lender interactions. With its innovative technology solutions, Salient seamlessly automates vital operational processes across voice, text, and email channels, delivering a more streamlined and efficient communication experience for clients. Launched in 2023, Salient has interacted millions of US consumer, collected over $1 billion, and is backed by top tier venture capital firms, including Andreessen Horowitz, Y Combinator, Matrix Partners, and General Catalyst, alongside leaders from Tesla, Stripe, and Airtable. This platform promises to set new standards in the way automotive finance is approached and managed.

    Company Contact
    Danny Bharwani
    Chief Financial Officer
    949-753-6811

    Investor Relations Contact
    Tom Colton and Alec Wilson
    Gateway Group, Inc.
    949-574-3860
    CPSS@gateway-grp.com

    The MIL Network –

  • MIL-OSI: Primech AI Plans Production of 300 HYTRON Robots through its China Manufacturing Expansion

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 08, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced a significant expansion of its manufacturing capabilities through a strategic manufacturing partnership in Guangdong Province, China. The partnership will support the growing global demand for Primech AI’s innovative HYTRON bathroom cleaning robots, with plans to roll out 300 robots in the initial production phase.

    The partnership establishes a comprehensive manufacturing framework with a well-established electronics manufacturer in Huizhou City of Guangdong Province, creating a robust production base to serve markets across Asia and beyond. This strategic location in China’s manufacturing heartland provides Primech AI access to a sophisticated electronics supply chain and specialized technical expertise.

    “This manufacturing partnership in China represents a significant advancement in our production strategy,” said Charles Ng, Co-Founder and Chief Operating Officer of Primech AI. “The Guangdong region offers unparalleled advantages in electronics manufacturing infrastructure, component sourcing, and technical knowledge, enabling us to scale production efficiently while maintaining the highest quality standards for our HYTRON robots. Our ambitious target of rolling out 300 robots demonstrates our commitment to meeting market demand and accelerating our growth trajectory.”

    Under the terms of the agreement, the manufacturing partner will manage the full production cycle for Primech AI’s HYTRON bathroom cleaning robots, including manufacturing and assembly based on Primech AI’s detailed specifications, implementation of comprehensive quality assurance protocols, performance of rigorous functionality and safety testing, securing necessary certifications to meet international regulatory requirements, and production scheduling and delivery timeline management. The manufacturing agreement covers an initial two-year period and includes provisions for regular quality monitoring, performance reporting, and collaborative development to ensure continuous improvement of manufacturing processes.

    “Quality and reliability are foundational to our HYTRON technology, and our manufacturing partner in China brings extensive experience producing sophisticated electronic and robotic systems,” added Ng. “This collaboration allows us to leverage specialized manufacturing expertise while ensuring our exacting standards are maintained throughout the production process.”

    The strategic location in China provides Primech AI with several key advantages. Access to a mature electronics manufacturing ecosystem enables efficient production scaling and quality control. The proximity to specialized component suppliers streamlines the supply chain and reduces procurement lead times. The facility offers scalable production capacity to meet the growing global demand for HYTRON robots, starting with the 300-unit initial target. Finally, the location provides efficient logistics for serving Asian markets, reducing shipping times and transportation costs.

    This expansion of manufacturing capabilities in China complements Primech AI’s recent product innovations and market expansion initiatives, reinforcing the Company’s commitment to meeting growing global demand for its autonomous cleaning solutions.

    About Primech AI
    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.    

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:
    Matthew Abenante, IRC
    President
    Strategic Investor Relations, LLC
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –