NewzIntel.com

Category: Machine Learning

  • MIL-OSI: Bitfarms Enters into Initial Agreement for Private Debt Facility with a division of Macquarie Group for up to $300 Million to Fund Initial HPC Project Development at Panther Creek

    Source: GlobeNewswire (MIL-OSI)

    • Initial draw at close of $50 million, with up to a total of $300 million available upon entry into definitive project loan documentation
    • Early-stage investment from a division of Macquarie Group, one of the world’s largest infrastructure investors, further validates the attractiveness of Bitfarms’ potential HPC data center development pipeline, especially its near-term project at Panther Creek
    • A $300 million facility is expected to provide the necessary capital for Bitfarms to fund the initial portion of the Panther Creek data center development and buildout in a non-dilutive manner

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.

    TORONTO, Ontario and BROSSARD, Québec, April 02, 2025 (GLOBE NEWSWIRE) — Bitfarms Ltd. (Nasdaq/TSX: BITF), a global energy and compute infrastructure company (“Bitfarms” or the “Company”), announced today that the Company has entered into an initial agreement for a private debt facility for up to $300 million from Macquarie Equipment Capital, Inc., a division of Macquarie Group’s Commodities and Global Markets’ business (“Macquarie”). The initial tranche of the facility is $50 million at the parent level and proceeds will be used for project development soft costs and other general corporate purposes. The second tranche of the facility may be up to $250 million and is drawable as the Company achieves specific development milestones at its Panther Creek location, at which time the entirety of the loan becomes secured at the project level only, resulting in a total project debt facility of $300 million and termination of the initial loan. The maturity of each facility is two years from the date of closing and each facility bears an interest at a rate of 8% per annum, with interest on the initial draw of $50 million paid in kind for the first three months. Draws under the second tranche of the facility are subject to the entry into definitive documentation, mutually agreed between the Company and Macquarie, on terms appended to the initial agreement, in addition to certain other conditions.

    CEO Ben Gagnon stated, “We are thrilled to partner with Macquarie, a global leader in infrastructure investment with deep expertise and relationships across the HPC-related infrastructure value chain. This partnership marks the beginning of our investment in the near-term development of our Panther Creek data center, strategically located in Pennsylvania’s PJM region within close proximity to Philadelphia and NYC metropolitan areas. Panther Creek alone has a potential capacity of nearly 500 MW, supported by multiple power sources. Having multiple energy sources enhances reliability and redundancy while reducing anticipated CapEx and OpEx for HPC, making these sites particularly attractive to potential HPC customers. We are confident that this partnership will not only accelerate our buildout at Panther Creek, but also open doors to future opportunities with Macquarie as we look to scale our project and potentially expand to other sites within our portfolio.

    “Amidst the surging AI revolution and the growing demand for power and infrastructure, this financing arrives at a pivotal time following the close of our transformational acquisition of Stronghold Digital Mining and the recent appointments of both James Bond, SVP of HPC, and Craig Hibbard, SVP of Infrastructure. We believe the analyses provided by our strategic partners, ASG and WWT, along with Macquarie’s due diligence and industry expertise, validate our HPC opportunity thesis at Panther Creek, strengthen our HPC pipeline and strategy, and position Bitfarms as a market leader in sourcing and developing large-scale, high-quality HPC data center projects.”

    Joshua Stevens, Associate Director, Macquarie Group’s Commodities and Global Markets business, said, “We are proud to partner with Bitfarms and look forward to supporting the continued development of its innovative Panther Creek project, as well as future infrastructure that will be essential to the advancement of AI. Panther Creek is well located, within 100 miles of New York City and Philadelphia, and we expect it will be sought after by HPC tenants once construction of the project is underway.”

    CFO Jeff Lucas stated, “Our highly valued North American assets, strong cash flow from mining operations, and the potential for higher-margin, stable, and predictable earnings characteristic of an HPC business model have enabled us to secure this attractive debt financing from a respected infrastructure partner. With an interest rate of 8%, we believe we can fund our energy and HPC infrastructure development at a significantly lower cost of capital and with much less dilution than equity funding, creating long-term shareholder value. The net proceeds from the initial $50 million will accelerate the launch of our HPC project at Panther Creek and finance the soft costs as we move forward with the HPC development. Importantly, this valuable partnership with Macquarie provides the necessary capital and expertise in datacenter development to accelerate our next chapter of growth.”

    Key Financing Terms

    • The $300 million project loan is intended to fund the development of the data center project at Panther Creek.
    • The $50 million initial tranche of the facility, which is earmarked for project development soft costs and other general corporate purposes, is at the parent level and is secured by a first priority lien on all assets of the U.S. and Canadian guarantors and the borrower, with customary exclusions. The second tranche of the facility will be for up to $250 million and will be drawable as the Company achieves specific development milestones at its Panther Creek location and upon entering definitive documentation, at which time the entirety of the loan will become secured at the project level only and would result in a total project debt facility of $300 million and termination of the initial loan.
    • The maturity of each facility is two years from the date of closing. Each facility will bear interest at a rate of 8% per annum, with interest on the initial draw of $50 million paid in kind for the first three months. 
    • In connection with the initial tranche of the facility, Macquarie will receive warrants for the purchase of $5 million in shares of Bitfarms at a strike price equal to a 25% premium to the average of the past 5 days’ closing price (subject to a minimum strike price floor equal to the last closing price of Bitfarms’ shares on the TSX) and with a tenor of five years. The warrants and underlying shares are subject to customary registration rights for the resale of the underlying shares. Up until $125 million has been drawn under the second tranche of the facility, Macquarie will receive warrants equal to 10% of the amount drawn under the facility at a strike price equal to a 25% premium to the average of the past 5 days’ closing price (subject to a minimum strike price floor equal to the last closing price of Bitfarms’ shares on the TSX prior to grant) with a tenor of five years.
    • The loan agreement for the initial tranche of the facility includes various affirmative and negative covenants for Bitfarms and its subsidiaries, including restrictions on dispositions, dividends, the incurrence of debt and liens, material changes in the nature of its business, related party transactions, and investments, in each case subject to certain customary exclusions and carveouts. In addition, Bitfarms must maintain a minimum of $25 million balance in cash at all times while the initial tranche is outstanding and must deposit additional amounts of cash if the average bitcoin price drops below certain thresholds as provided in the loan agreement (which funds will be returned if the bitcoin price returns to the previous thresholds).

    Northland Capital Markets acted as sole placement agent to the Company. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to the Company. Latham & Watkins LLP acted as legal counsel to Macquarie.

    About Bitfarms Ltd.
    Founded in 2017, Bitfarms is a global energy and compute infrastructure company that develops, owns, and operates vertically integrated HPC and Bitcoin mining data centers. Bitfarms currently has 15 operating Bitcoin data centers situated in four countries: the United States, Canada, Argentina and Paraguay.

    Powered primarily by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure.

    To learn more about Bitfarms’ events, developments, and online communities:

    www.bitfarms.com.

    https://www.facebook.com/bitfarms/
    http://x.com/Bitfarms_io
    https://www.instagram.com/bitfarms/
    https://www.linkedin.com/company/bitfarms/

    About Macquarie Group

    Macquarie Group Limited (Macquarie) is a global financial services group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advice and access to capital and principal investment. Founded in 1969, Macquarie employs over 20,000 people in 34 markets. Commodities and Global Markets (CGM), an operating group of Macquarie, has more than 40 years of partnering with clients to provide capital and financing, risk management, market access, and physical execution and logistics solutions across commodities, financial markets, and asset finance sectors. For further information, visit www.macquarie.com.

    Glossary of Terms

    • MW = Megawatts or megawatt hour
    • HPC/AI = High Performance Computing / Artificial Intelligence
    • CapEx = Capital Expenditure
    • OpEx = Operating Expenses
    • PJM = Pennsylvania- New Jersey-Massachusetts regional transmission market
    • NYC = New York City
    • WWT = World Wide Technology
    • ASG= Applebee Strategy Group, LLC

    Forward-Looking Statements

    This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding the completion of definitive documentation relating to the second tranche of the facility and the draw of an additional $250 million in funds, the development of the Company’s Panther Creek data center, its potential capacity, and its attractiveness to potential HPC customers, and other statements regarding future growth, plans and objectives of the Company are forward-looking information.

    Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information.

    This forward-looking information is based on assumptions and estimates of management of Bitfarms at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Bitfarms to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors, risks and uncertainties include, among others: the ability to successfully negotiate and deliver definitive documentation relating to the second tranche of the facility, that the second tranche may not close within the timeframe anticipated or at all or may not close on the terms and conditions currently anticipated by the parties; the development and operation of Panther Creek may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine digital currency is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the power purchase agreements and economics thereof may not be as advantageous as expected; potential environmental cost and regulatory penalties due to the operation of plants which entail environmental risk and certain additional risk factors including, land reclamation requirements may be burdensome and expensive, changes in tax credits related to coal refuse power generation could have a material adverse effect on the business, financial condition, results of operations and future development efforts, competition in power markets may have a material adverse effect on the results of operations, cash flows and the market value of the assets, the business is subject to substantial energy regulation and may be adversely affected by legislative or regulatory changes, as well as liability under, or any future inability to comply with, existing or future energy regulations or requirements, the operations are subject to a number of risks arising out of the threat of climate change, and environmental laws, energy transitions policies and initiatives and regulations relating to emissions and coal residue management, which could result in increased operating and capital costs and reduce the extent of business activities, operation of power generation facilities involves significant risks and hazards customary to the power industry that could have a material adverse effect on our revenues and results of operations, and there may not have adequate insurance to cover these risks and hazards, employees, contractors, customers and the general public may be exposed to a risk of injury due to the nature of the operations, limited experience with carbon capture programs and initiatives and dependence on third-parties, including consultants, contractors and suppliers to develop and advance carbon capture programs and initiatives, and failure to properly manage these relationships, or the failure of these consultants, contractors and suppliers to perform as expected, could have a material adverse effect on the business, prospects or operations; the digital currency market; the ability to successfully mine digital currency; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power to operate cryptocurrency mining assets; the risks of an increase in electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which Bitfarms operates and the potential adverse impact on profitability; future capital needs and the ability to complete current and future financings, including Bitfarms’ ability to utilize an at-the-market offering program ( “ATM Program”) and the prices at which securities may be sold in such ATM Program, as well as capital market conditions in general; share dilution resulting from an ATM Program and from other equity issuances; volatile securities markets impacting security pricing unrelated to operating performance; the risk that a material weakness in internal control over financial reporting could result in a misstatement of financial position that may lead to a material misstatement of the annual or interim consolidated financial statements if not prevented or detected on a timely basis; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; and the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to Bitfarms’ filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission (the “SEC“) at www.sec.gov), including the Management’s Discussion & Analysis for the year-ended December 31, 2024. Although Bitfarms has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by Bitfarms. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. Bitfarms does not undertake any obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

    Investor Relations Contact:
    Tracy Krumme
    SVP, Head of IR & Corp. Comms.
    +1 786-671-5638
    tkrumme@bitfarms.com

    Media Contact:
    Caroline Brady Baker
    Director, Communications
    cbaker@bitfarms.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bab8a34f-c6c6-4802-bf43-e7edcb378236

    The MIL Network –

  • MIL-OSI: Lantronix Named to CRN 2025 Internet of Things 50 List

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., April 02, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been recognized on the 2025 Internet of Things (IoT) 50 list by CRN®, a brand of The Channel Company. CRN’s annual IoT 50 list spotlights vendors leading IoT innovation that are driving channel success. Honorees are selected by a panel of CRN editors with input from members of the channel partner community.

    “We are very honored to be on CRN’s IoT 50 List that spotlights companies that are notable for their dedication to cutting-edge solutions that empower the channel to create and deliver groundbreaking IoT solutions,” said Saleel Awsare, president & CEO of Lantronix Inc. “This award is especially valued by our team as we are devoted to helping our channel partners deliver powerful Edge intelligent solutions for our mutual customers.”

    Recognition on the list is based on the quality of the vendors’ IoT portfolios and consistency in delivering new opportunities for partners. Each company on the CRN IoT 50 has taken steps toward empowering its channel partners to deliver cutting-edge IoT solutions and drive growth. The CRN IoT 50 list includes five IoT categories: Hardware, Security, Software, Industrial and Networking and Connectivity. Lantronix was recognized in the Hardware category.  

    “IoT solutions deliver critical data for better decision-making and are powerful growth drivers for the channel,” said Jennifer Follett, VP, U.S. Content, and Executive Editor, CRN, The Channel Company. “We’re pleased to spotlight these vendors for their dedication to empowering partners with IoT innovation that helps them better serve their clients and advance the entire IT channel.” 

    The 2025 CRN IoT 50 list is featured in the April issue of CRN Magazine and online at www.CRN.com/IoT50. 

    About The Channel Company

    The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

    About Lantronix

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    Lantronix Media Contact:        
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com

    Lantronix Analyst and Investor Contact:        
    investors@lantronix.com

    The MIL Network –

  • MIL-OSI: Prospect’s Real Estate Private Credit Platform Provides $10.9 Million to Class A Stabilized Cash Flowing Multifamily Property in Brooklyn

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Prospect Capital Management L.P. (“Prospect”), through its real estate private credit platform, has closed on an investment to recapitalize The Frederick, a 193-unit, Class A stabilized cash flowing multifamily property in Brooklyn, New York. Constructed in 2018, the property is owned by a joint venture between an affiliate of Harbor Group International, LLC, a global real estate investment manager, and Coney Realty & Management, a privately-owned multifamily operator based in Brooklyn.

    “Prospect’s real estate platform continues to identify high-quality multifamily investments in outperforming submarkets,” said Grier Eliasek, Prospect Capital Corporation’s President and COO. “This transaction further demonstrates our ability to invest in attractive opportunities with top-tier sponsors.”

    “The Frederick offers a luxury residential experience at an attractive price point in one of New York City’s tightest submarkets,” said Joseph Ryu, Principal and head of Prospect’s real estate credit platform. “The Frederick is a highly-amenitized asset with proximity to Prospect Park and accessibility to numerous MTA lines that we expect to continue to support demand and rent growth.”

    The preferred equity investment was issued behind a new Freddie Mac senior loan provided by NewPoint Real Estate Capital.

    The transaction marks Prospect’s latest real estate private credit investment following a $12.0 million preferred equity investment on The Roadrunner on McDowell, a 356-unit multifamily property in Scottsdale, AZ, which closed in February 2025.

    About Prospect Capital Management L.P.

    Prospect, headquartered in New York City, is an SEC-registered investment adviser that, along with its predecessors and affiliates, has 37 years of experience investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of 150 professionals and offer investment solutions across credit, private equity, and real estate.

    Prospect’s real estate platform invests in U.S. commercial real estate credit including senior mortgages, mezzanine loans and preferred and other equity investments. As of December 31, 2024, Prospect and its affiliates had invested in over 32,000 multifamily units, with initial property value of $3.5 billion, and realized 36 multifamily investments.

    Prospect, together with its affiliates, has $8.3 billion of regulatory assets under management as of December 31, 2024. For more information, call (212) 448-0702 or visit www.prospectcap.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7de1aeb0-70fe-419a-a838-1fcfbc459287

    The MIL Network –

  • MIL-OSI: Hyperscale Data Announces 56 Bitcoin Mined Year to Date and 3,061 Bitcoin Mined Since Inception of Mining Operations in March 2021

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, April 02, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”) mined approximately 56 Bitcoin from January 1, 2025, to March 31, 2025. Since March of 2021, Sentinum has mined approximately 3,061 Bitcoin.

    “The Company is proud of the Sentinum team and the efficiency with which the mining operations are run. We believe it is important to update stockholders on our current and historical Bitcoin mining operations and of Sentinum’s accomplishments in the Bitcoin mining space,” stated William B. Horne, Chief Executive Officer of Hyperscale Data. “The Company has previously noted its intentions to relocate the majority of its Bitcoin mining operations concurrently with the buildout of its Michigan Data Center and will continue to update stockholders as this progresses.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiaries, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. Hyperscale Data’s subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data intends to completely divest itself of ACG on or about December 31, 2025, at which time, it would solely be an owner and operator of data centers to support high-performance computing services. Until that happens, the Company provides, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190 Las Vegas, NV 89141.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI: Sophos Report: In 56% of Sophos IR and MDR Cases, Adversaries Logged In, Instead of Breaking In

    Source: GlobeNewswire (MIL-OSI)

    IR and MDR Cases Highlight Attackers Are Exfiltrating Data in Just Three Days

    Compromised Credentials Top Root Causes for Second Year

    OXFORD, U.K., April 02, 2025 (GLOBE NEWSWIRE) — Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released the 2025 Sophos Active Adversary Report, which details attacker behavior and techniques from over 400 Managed Detection and Response (MDR) and Incident Response (IR) cases in 2024. The report found that the primary way attackers gained initial access to networks (56% of all cases across MDR and IR) was by exploiting external remote services, which includes edge devices such as firewalls and VPNs, by leveraging valid accounts.

    The combination of external remote services and valid accounts aligns with the top root causes of attacks. For the second year in row, compromised credentials were the number one root cause of attacks (41% of cases). This was followed by exploited vulnerabilities (21.79%) and brute force attacks (21.07%).

    Understanding The Speed of Attacks

    When analyzing MDR and IR investigations, the Sophos X-Ops team looked specifically at ransomware, data exfiltration, and data extortion cases to identify how fast attackers progressed through the stages of an attack within an organization. In those three types of cases, the median time between the start of an attack and exfiltration was only 72.98 hours (3.04 days). Furthermore, there was only a median of 2.7 hours from exfiltration to attack detection.

    “Passive security is no longer enough. While prevention is essential, rapid response is critical. Organizations must actively monitor networks and act swiftly against observed telemetry. Coordinated attacks by motivated adversaries require a coordinated defense. For many organizations, that means combining business-specific knowledge with expert-led detection and response. Our report confirms that organizations with proactive monitoring detect attacks faster and experience better outcomes,” said John Shier, field CISO.

    Other Key Findings from the 2025 Sophos Active Adversary Report:

    • Attackers Can Take Control of a System in Just 11 Hours: The median time between attackers’ initial action and their first (often successful) attempt to breach Active Directory (AD) – arguably one of the most important assets in any Windows network – was just 11 hours. If successful, attackers can more easily take control of the organization.
    • Top Ransomware Groups in Sophos Cases: Akira was the most frequently encountered ransomware group in 2024, followed by Fog and LockBit (despite a multi-government takedown of LockBit earlier in the year).
    • Dwell Time is Down to Just 2 Days: Overall, dwell time – the time from the start of an attack to when it is detected – decreased from 4 days to just 2 in 2024, largely due to the addition of MDR cases to the dataset.
    • Dwell Time in IR Cases: Dwell time remained stable at 4 days for ransomware attacks and 11.5 days for non-ransomware cases.
    • Dwell Time in MDR Cases: In MDR investigations, dwell time was only 3 days for ransomware cases and just 1 day for non-ransomware cases, suggesting MDR teams are able to more quickly detect and respond to attacks.
    • Ransomware Groups Work Overnight: In 2024, 83% of ransomware binaries were dropped outside of the targets’ local business hours.
    • Remote Desktop Protocol Continues to Dominate: RDP was involved in 84% of MDR/IR cases, making it the most frequently abused Microsoft tool.

    To shore up their defenses, Sophos recommends that companies do the following:

    • Close exposed RDP ports
    • Use phishing-resistant multifactor authentication (MFA) wherever possible
    • Patch vulnerable systems in a timely manner, with a particular focus on internet-facing devices and services
    • Deploy EDR or MDR and ensure it is proactively monitored 24/7
    • Establish a comprehensive incident response plan and test it regularly through simulations or tabletop exercises

    Read the full It Takes Two: The 2025 Sophos Active Adversary Report on Sophos.com.

    Learn More About

    About Sophos
    Sophos is a global leader and innovator of advanced security solutions for defeating cyberattacks. The company acquired Secureworks in February 2025, bringing together two pioneers that have redefined the cybersecurity industry with their innovative, native AI-optimized services, technologies and products. Sophos is now the largest pure-play Managed Detection and Response (MDR) provider, supporting more than 28,000 organizations. In addition to MDR and other services, Sophos’ complete portfolio includes industry-leading endpoint, network, email, and cloud security that interoperate and adapt to defend through the Sophos Central platform. Secureworks provides the innovative, market-leading Taegis XDR/MDR, identity threat detection and response (ITDR), next-gen SIEM capabilities, managed risk, and a comprehensive set of advisory services. Sophos sells all these solutions through reseller partners, Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs) worldwide, defending more than 600,000 organizations worldwide from phishing, ransomware, data theft, other every day and state-sponsored cybercrimes. The solutions are powered by historical and real-time threat intelligence from Sophos X-Ops and the newly added Counter Threat Unit (CTU). Sophos is headquartered in Oxford, U.K. More information is available at www.sophos.com.

    The MIL Network –

  • MIL-OSI China: MOFA response to reaffirmation of importance of cross-strait peace at meeting of US, Japan defense ministers

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to reaffirmation of importance of cross-strait peace at meeting of US, Japan defense ministers

    • Date：2025-03-31
    • Data Source：TAIWAN-JAPAN RELATIONS ASSOCIATION

    March 31, 2025 

    Japan’s Minister of Defense Gen Nakatani met with US Secretary of Defense Pete Hegseth on March 30 in Tokyo. During the meeting, they expressed concern over China’s military activities around Taiwan and reiterated opposition to China’s attempts to unilaterally change the status quo by force or coercion in the East and South China Seas. Underscoring the importance of maintaining cross-strait peace and stability, the two sides stressed that they would bolster cooperation with regional partners Australia, the Republic of Korea, and the Philippines to realize a free and open Indo-Pacific. 

     

    This was the first meeting of the defense chiefs of the United States and Japan since Secretary Hegseth took office. Coming on the heels of the February Japan-US summit, the meeting saw the two countries reiterate the importance they attached to cross-strait issues, highlighting the high degree of consensus in the global democratic camp for cross-strait peace. It was also further evidence that peace and stability across the Taiwan Strait are indispensable to the promotion of a free and open Indo-Pacific.

     

    Minister of Foreign Affairs Lin Chia-lung affirms and welcomes the continued expression of staunch support for cross-strait peace and stability by Japan and the United States at important international venues, as well as the two sides’ concern for China’s challenge to the global order. Minister Lin also stresses that Taiwan will abide by the spirit of integrated diplomacy and continue to cooperate closely with like-minded countries to uphold democracy and universal values, develop democratic non-red supply chains, and promote peace, stability, and prosperity across the Taiwan Strait and in the Indo-Pacific region. 

    MIL OSI China News –

  • MIL-OSI USA: SPC Tornado Watch 96

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL6

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Tornado Watch Number 96
    NWS Storm Prediction Center Norman OK
    520 AM CDT Wed Apr 2 2025

    The NWS Storm Prediction Center has issued a

    * Tornado Watch for portions of
    Northwest Arkansas
    Far Southeast Kansas
    Southwest and Central Missouri
    Eastern Oklahoma

    * Effective this Wednesday morning from 520 AM until NOON CDT.

    * Primary threats include…
    A few tornadoes and a couple intense tornadoes possible
    Scattered damaging winds likely with isolated significant gusts
    to 75 mph possible
    Scattered large hail and isolated very large hail events to 2
    inches in diameter possible

    SUMMARY…A line of thunderstorms will continue to pose a threat of
    scattered severe/damaging winds through the morning, with peak gusts
    up to 65-75 mph. Embedded supercells should also have a tornado and
    large hail risk, with a strong tornado possible.

    The tornado watch area is approximately along and 55 statute miles
    east and west of a line from 75 miles north of Springfield MO to 30
    miles south southwest of Poteau OK. For a complete depiction of the
    watch see the associated watch outline update (WOUS64 KWNS WOU6).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

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

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 93…WW 94…WW 95…

    AVIATION…Tornadoes and a few severe thunderstorms with hail
    surface and aloft to 2 inches. Extreme turbulence and surface wind
    gusts to 65 knots. A few cumulonimbi with maximum tops to 500. Mean
    storm motion vector 25045.

    …Gleason

    SEL6

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Tornado Watch Number 96
    NWS Storm Prediction Center Norman OK
    520 AM CDT Wed Apr 2 2025

    The NWS Storm Prediction Center has issued a

    * Tornado Watch for portions of
    Northwest Arkansas
    Far Southeast Kansas
    Southwest and Central Missouri
    Eastern Oklahoma

    * Effective this Wednesday morning from 520 AM until NOON CDT.

    * Primary threats include…
    A few tornadoes and a couple intense tornadoes possible
    Scattered damaging winds likely with isolated significant gusts
    to 75 mph possible
    Scattered large hail and isolated very large hail events to 2
    inches in diameter possible

    SUMMARY…A line of thunderstorms will continue to pose a threat of
    scattered severe/damaging winds through the morning, with peak gusts
    up to 65-75 mph. Embedded supercells should also have a tornado and
    large hail risk, with a strong tornado possible.

    The tornado watch area is approximately along and 55 statute miles
    east and west of a line from 75 miles north of Springfield MO to 30
    miles south southwest of Poteau OK. For a complete depiction of the
    watch see the associated watch outline update (WOUS64 KWNS WOU6).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

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

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 93…WW 94…WW 95…

    AVIATION…Tornadoes and a few severe thunderstorms with hail
    surface and aloft to 2 inches. Extreme turbulence and surface wind
    gusts to 65 knots. A few cumulonimbi with maximum tops to 500. Mean
    storm motion vector 25045.

    …Gleason

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW6
    WW 96 TORNADO AR KS MO OK 021020Z – 021700Z
    AXIS..55 STATUTE MILES EAST AND WEST OF LINE..
    75N SGF/SPRINGFIELD MO/ – 30SSW RKR/POTEAU OK/
    ..AVIATION COORDS.. 50NM E/W /52E BUM – 49ESE MLC/
    HAIL SURFACE AND ALOFT..2 INCHES. WIND GUSTS..65 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 25045.

    LAT…LON 38309237 34619385 34619579 38309439

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU6.

    Watch 96 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Mod (50%)

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

    Mod (30%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Mod (30%)

    Hail

    Probability of 10 or more severe hail events

    Mod (50%)

    Probability of 1 or more hailstones > 2 inches

    Mod (30%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (80%)

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

    MIL OSI USA News –

  • MIL-OSI: YXT.com Rebrands as Radnova and Launches AI-Enabled Enterprise Productivity Solutions

    Source: GlobeNewswire (MIL-OSI)

    SUZHOU, China, April 02, 2025 (GLOBE NEWSWIRE) — YXT.com Group Holding Limited (NASDAQ: YXT) (“YXT.com” or the “Company”), a provider of AI-enabled enterprise productivity solutions, today announced that it has successfully completed a strategic rebranding initiative, adopting the “Radnova” name for its potential international operations. YXT.com operates its business in China through Jiangsu Radnova Intelligence Technology Co., Ltd. (formerly Jiangsu Yunxuetang Network Technology Co., Ltd.). The “Radnova” trademark will be used for the Company’s future international operations, symbolizing its transition from a China-focused e-learning company to a global AI-enabled enterprise productivity solutions provider.

    This strategic rebranding comes amid rapid transformation in the enterprise AI market. The global AI agent market is projected to grow significantly in the future, with many professionals already using AI agents in work environments. The Company announced this strategic move at a launch event in Beijing, positioning Radnova to expand beyond digital learning into the broader enterprise productivity space.

    The Company’s rebranding is built on proven internal AI implementation since 2018, when it first began applying AI technologies to its operations. Currently, AI technology has been integrated into 90% of the Company’s core positions, yielding measurable improvements. The intelligent customer service system now achieves 100% user coverage with a 94.8% self-resolution rate. These practical applications directly inform Radnova’s enterprise solutions.

    “In the process of enterprise intelligent transformation, humans and AI will form a double-helix symbiotic relationship,” said Mr. Xiaoyan Lu, Director, Founder, and Chairman of the Board of YXT.com. “Building collaborative productivity between people and AI has become an unstoppable trend of our era. Authoritative data shows that the rapid adoption of AI work assistants and intelligent agent-based applications has become the definitive path for enterprise intelligent transformation. Our transformation journey that began within our own operations now extends to helping enterprises worldwide build this ‘human + AI’ collaborative productivity model.”

    Building on this expertise, Radnova is launching four AI-powered solution categories: Intelligent Talent Management, Agent Services, Knowledge Base systems, and Work Assistants. The Intelligent Talent Management solution has demonstrated a 67% improvement in talent management efficiency, while the Agent Services platform accelerates intelligent transformation by enabling organizations to build and deploy AI agents efficiently, and has helped reduce customer issue resolution time by 75% through its intelligent customer service application. The Enterprise Knowledge Base systems transform proprietary knowledge into unique productivity assets, creating distinctive competitive advantages for organizations. Work Assistants, particularly for sales teams, have shortened sales cycle time and improved coaching efficiency. These integrated solutions reflect the Company’s vision of human-AI collaboration and position Radnova as a pioneer in enterprise intelligence transformation, ready to serve organizations worldwide.

    As part of its global expansion, the Company has established a new entity in Singapore to serve as a headquarters for its overseas business to be conducted in the future. This strategic location will enable YXT.com to better serve and expand into international markets.

    About YXT.com
    YXT.com (NASDAQ: YXT) is a technology company focusing on enterprise productivity solutions. With a mission to “Empower people and organization development through technology,” The Company strives to become the supreme provider in building and boosting enterprise productivity by combining over a decade of experience in tech-enabled talent learning and development and with AI-augmented task copilots and unleashing the power of knowledge and synergy. Since its inception, YXT.com has supported and received recognition from numerous Global and China Fortune 500 companies.

    YXT.com operates its business in China through “Jiangsu Radnova Intelligence Technology Co., Ltd.,” formerly known as “Jiangsu Yunxuetang Network Technology Co., Ltd.”. YXT.com has established an entity in Singapore to serve as a headquarter for its overseas business to be conducted in the future, with the “Radnova” trademark to serve international markets.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to”, or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Contact
    Robin Yang
    ICR, LLC
    YXT.IR@icrinc.com
    +1 (646) 405-4883

    The MIL Network –

  • MIL-OSI: Haivision Showcases Cutting-Edge Mission-Critical Video Solutions at L3Harris Technologies’ C5ISR Exercise – Everest NL 2025

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, April 02, 2025 (GLOBE NEWSWIRE) — Haivision (TSX: HAI), a leading global provider of mission-critical, real-time video networking and visual collaboration solutions, participated in Everest NL 2025, an immersive C5ISR experiment hosted by L3Harris Technologies at Experience Island in Loon op Zand, Netherlands, from March 24-27, 2025.

    Everest NL serves as a premier platform for showcasing the latest advancements in tactical communications, intelligence, surveillance, and reconnaissance (ISR), network management, and electronic warfare (EW). The event replicates a modern NATO maneuver-force communication environment, providing a live, operationally relevant setting where cutting-edge technologies are put to the test.

    The Everest exercise offers a unique opportunity to demonstrate the power of true joint interoperability among leading manufacturers. Haivision’s participation underscores its commitment to advancing interoperable, secure, and real-time video technologies that support the evolving needs of modern defense forces. By participating in the event hosted by L3Harris and collaborating with industry leaders, Haivision continues to develop innovative, field-proven solutions that enhance operational effectiveness in dynamic military environments.

    At the Everest NL event, Haivision showcased its mission-critical video ecosystem, demonstrating how high-quality, secure video and data sharing enhance operational effectiveness across the battlefield. For this exercise, Haivision delivered an ISR video solution powered by Makito video encoders and the Kraken video processing platform at the tactical edge. The ISR video was streamed to Haivision’s expeditionary video wall solution, powered by Command 360, to support a common operating picture and provide situational awareness to commanders in the operations center at HQ.

    Everest NL served as an ideal proving ground for next-generation defense technology. “By working alongside industry leaders, we can showcase how open architecture and interoperability drive operational effectiveness. Haivision’s deep expertise in mission-critical video technology ensures that we deliver innovative solutions but also address the real-world challenges our end-users encounter in the field,” says Tyler Stephens, Vice President, International Mission Systems.

    Engineered to meet rigorous cybersecurity and interoperability standards for defense networks, Haivision’s video solutions are built to handle the complex challenges faced by military and defense end-users. The company focuses on delivering cutting-edge solutions that seamlessly integrate with its partners to enhance mission success.

    Deployed and trusted worldwide, Haivision’s mission-critical video solutions empower aerospace, enterprise, government, military, and public safety organizations to make informed decisions faster. Haivision’s video wall systems for command centers, video distribution solutions, and ISR video technology enable real-time analysis and decision-making. Haivision’s technology is designed to comply with strict government and industry standards, ensuring security, reliability, and interoperability. For more information about Haivision’s mission-critical video ecosystem for military operations, visit: haivision.com/industries/government-defense/

    About Haivision

    Haivision is a leading global provider of mission-critical, real-time video networking and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision-making. We provide high-quality, low-latency, secure, and reliable live video at a global scale. Haivision open-sourced its award-winning SRT (Secure Reliable Transport) low-latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago, with offices, sales, and support located throughout the Americas, Europe, and Asia. To learn more, visit Haivision.com.

    The MIL Network –

  • MIL-OSI Asia-Pac: MOFA response to reaffirmation of importance of cross-strait peace at meeting of US, Japan defense ministers

    Source: Republic of China Taiwan

    MOFA response to reaffirmation of importance of cross-strait peace at meeting of US, Japan defense ministers

    Date：2025-03-31
    Data Source：TAIWAN-JAPAN RELATIONS ASSOCIATION

    March 31, 2025 

    Japan’s Minister of Defense Gen Nakatani met with US Secretary of Defense Pete Hegseth on March 30 in Tokyo. During the meeting, they expressed concern over China’s military activities around Taiwan and reiterated opposition to China’s attempts to unilaterally change the status quo by force or coercion in the East and South China Seas. Underscoring the importance of maintaining cross-strait peace and stability, the two sides stressed that they would bolster cooperation with regional partners Australia, the Republic of Korea, and the Philippines to realize a free and open Indo-Pacific. 
     
    This was the first meeting of the defense chiefs of the United States and Japan since Secretary Hegseth took office. Coming on the heels of the February Japan-US summit, the meeting saw the two countries reiterate the importance they attached to cross-strait issues, highlighting the high degree of consensus in the global democratic camp for cross-strait peace. It was also further evidence that peace and stability across the Taiwan Strait are indispensable to the promotion of a free and open Indo-Pacific.
     
    Minister of Foreign Affairs Lin Chia-lung affirms and welcomes the continued expression of staunch support for cross-strait peace and stability by Japan and the United States at important international venues, as well as the two sides’ concern for China’s challenge to the global order. Minister Lin also stresses that Taiwan will abide by the spirit of integrated diplomacy and continue to cooperate closely with like-minded countries to uphold democracy and universal values, develop democratic non-red supply chains, and promote peace, stability, and prosperity across the Taiwan Strait and in the Indo-Pacific region. 

    MIL OSI Asia Pacific News –

  • MIL-OSI United Nations: 1 April 2025 Departmental update Global meeting calls for stronger partnerships to tackle skin NTDs

    Source: World Health Organisation

    The second global meeting on skin-related neglected tropical diseases (skin NTDs) convened by the World Health Organization (WHO) concluded last week with a strong call for integrated approaches and enhanced partnerships to achieve the 2030 NTD road map targets. The meeting took place amid ongoing challenges in global health financing.

    “The fight against skin NTDs requires a unified effort in the face of growing challenges,” said Dr Ibrahima Socé Fall, Director of the WHO Global Neglected Tropical Diseases Programme. “For three days, participants emphasized the importance of robust partnerships across diseases to effectively implement recommended interventions against skin NTDs.”

    The meeting, held from 24 to 26 March under the theme “Integration to Achieve 2030 Targets,” brought together participants from 97 countries (over 300 participants in person and over 800 online participants) including representatives of ministries of health, health-care workers, individuals with lived experience, researchers and partners. Discussions focused on embedding skin NTD interventions into national health systems to ensure sustainability and broader impact.

    “Achieving the 2030 targets will require a stronger collective commitment to integration,” said the keynote speaker, Professor Roderick Hay, King’s College London. “We must support ministries of heath in implementing innovative strategies that guarantee equitable access to care for affected populations.”

    Key highlights

    • Integrated approaches: country presentations demonstrated the feasibility of jointly delivering interventions against multiple diseases, as well as mainstreaming such interventions within existing programmes; notably, findings revealed that over 90% of patients screened for skin NTDs also presented with other common skin conditions emphasizing the need for a comprehensive approach within the primary health-care system.
    • Development of new tools: presentations highlighted the potential of digital and artificial intelligence-based tools for capacity strengthening.
    • Advances in research: discussions on telacebec – a promising new medicine to treat mycobacterial infections (Buruli ulcer, leprosy and tuberculosis) – highlighted the potential to significantly shorten durations of treatment.
    • Psychosocial challenges: experts called for the integration of mental health services into NTD programmes, recognizing the profound psychosocial impact of skin NTDs.
    • Climate change and One Health: discussions focused on mitigation measures against the impact of climate change on spread of skin diseases and stressed incorporating a One Health approach in disease transmission studies.
    • Wound care and rehabilitation: discussions on mycetoma, noma and podoconiosis emphasized the need for early detection, integration of surgical and rehabilitation services into comprehensive health care.

    MIL OSI United Nations News –

  • MIL-OSI: XRP Whales and Traders Are Racing to Join XploraDEX $XPL Presale – XploraDEX Could Be XRP’s 2025 Smartest DeFi Play

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 02, 2025 (GLOBE NEWSWIRE) — The race is on, the crypto community turns its attention toward the XRP Ledger, one name is dominating the conversation: XploraDEX. With its native token $XPL Now on Presale, traders and investors are rushing to secure early allocations in what many are calling the smartest DeFi launch of 2025.

    Built as the first AI-powered decentralized exchange (DEX) on XRP Ledger, XploraDEX is revolutionizing how crypto traders interact with markets. By integrating machine learning, real-time analytics, and intelligent trade execution, the platform promises to deliver a level of automation and insight never before seen on the XRP Ledger.

    PARTICIPATE IN $XPL PRESALE

    Why XploraDEX Is Turning Heads

    XploraDEX isn’t just another DEX—it’s a complete AI-driven trading ecosystem. Here’s what makes it stand out:

    • AI-Powered Trading Tools – From auto-executing trades based on live market trends to predictive price modeling, XploraDEX brings Wall Street-grade automation to XRPL users.
    • Lightning Fast, Low-Fee Execution – Built natively on XRPL, trades settle in seconds with micro-cost transaction fees.
    • Smart Liquidity Routing – The platform’s AI routes trades for optimal execution, reducing slippage and maximizing profits.
    • DeFi for All Traders – Whether you’re a beginner or a seasoned whale, XploraDEX is designed to level the playing field with accessible intelligence.

    The $XPL Token

    $XPL token powers the entire XploraDEX ecosystem. Here’s what holders get:

    • Access to exclusive AI tools and analytics
    • Trading fee discounts for $XPL holders
    • Staking rewards and liquidity incentives
    • Governance rights to vote on XploraDEX platform changes
    • Early access to partner projects and new feature rollouts

    $XPL Presale isn’t just another presale token, $XPL is built for long-term utility and real yield.

    BUY $XPL ON PRESALE

    $XPL Presale Momentum Is Exploding

    Since launching its presale, XploraDEX has seen a massive influx of new wallets, early whale participation, and buzz across XRP groups.. With each presale round increasing in price, early investors are locking in their allocation before the next hike.

    Presale rounds are filling fast, and with only a limited supply of $XPL available at the current tier, now is the time to move.

    BUY $XPL TOKEN: https://sale.xploradex.io

    The Verdict: Don’t Just Watch This One Happen

    XploraDEX is what the XRPL ecosystem has been waiting for: a high-utility, AI-enhanced trading platform that actually helps users trade smarter and grow their portfolios. With the $XPL presale live and momentum building by the hour, this could be the 100x DeFi opportunity of the year.

    Secure Your $XPL Presale Allocation Today: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. 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.

    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/0b17d424-5254-4d42-9412-f13a3a54e957

    The MIL Network –

  • MIL-OSI China: Innovation thrives in north China’s ‘city of the future’

    Source: China State Council Information Office

    Stepping into the exhibition hall of Mech-Mind Robotics, a Chinese unicorn company, visitors are captivated by a robotic arm that responds to voice commands and precisely grasps intricate workpieces.

    With its expertise in equipping traditional robotic arms with “eyes” and “brains,” Mech-Mind Robotics has become one of the leading enterprises in its field, exporting products to over 50 countries and regions.

    Last year, the company relocated its headquarters from Beijing to the Xiong’an New Area in north China’s Hebei Province, aiming to thrive in this “city of the future.”

    “Our company has evolved from 0 to 1 and from 1 to 10, and we believe Xiong’an is a good place for us to advance from 10 to 100, or even 10,000,” said Zhang Dan, head of the president’s office at Mech-Mind Robotics.

    In April 2017, China decided to establish the Xiong’an New Area as part of a strategy to promote the coordinated development of the Beijing-Tianjin-Hebei region. Xiong’an was designed to be a smart and livable city that is innovative, green and free from “urban ills.”

    This futuristic city, with an urban landscape that has gradually taken shape over the past eight years, has a strong appeal for high-tech companies like Mech-Mind Robotics, with many opting to locate themselves in Xiong’an New Area Zhongguancun Science Park.

    Founded less than two years ago, the science park has already attracted more than 140 companies. Carrying forward the innovative spirit of Beijing’s Zhongguancun, once known as “China’s Silicon Valley,” it is striving to become a paradise for businesses of all sizes seeking to break new ground.

    One such startup is Xiong’an Xingyuan Technology Co., Ltd., which has quickly made its mark in this burgeoning science park. Since launching a year ago, the company has been developing advanced technologies, including metaverse, large-scale virtual reality (VR) and artificial intelligence (AI).

    Gong Wentong, CEO of Xiong’an Xingyuan, has been impressed by the business-friendly environment encountered at this location since his company’s inception. He recalled obtaining his business license on the same day the company was registered — and noted that the science park facilitates networking events linking startups and established local enterprises, thereby helping entrepreneurs like him access potential business opportunities.

    Through such interactions, Xiong’an Xingyuan has developed cooperative relationships with enterprises in need of technological support. “We plan to cooperate with an elderly care service company, using our VR technology to help senior citizens enjoy immersive travel experiences and social activities,” said Gong.

    Gong’s satisfaction was echoed by Wang Ling, deputy general manager of Zhijue Intelligent, a small company focusing on the application of LiDAR technology.

    In an interview with Xinhua, Wang not only referred to multiple opportunities to communicate with her peers in the science park, but also spoke highly of the favorable policies issued by local authorities.

    In recent years, Xiong’an has responded to the national call for innovation-driven development through a raft of incentive measures to pool talent from various sectors — especially those involved in aerospace information, AI, new materials, and other cutting-edge industries, aiming to build a high-standard platform for innovators.

    As part of these efforts to foster entrepreneurship, competitions have regularly been held to support outstanding innovation projects. Wang’s team won one such competition — receiving housing subsidies, workspace allowances and extra bonuses as reward for their victory.

    There was a time when living conditions in Xiong’an were a great concern for Wang, but the rapid development of the city has since dispelled her doubts and worries. With a batch of public facilities, including schools and hospitals, gradually put into use, people like Wang are now able to relocate their entire families to this city — thus embarking together on a new life journey.

    “We feel that we are being pushed forward by the surrounding opportunities here,” Wang told Xinhua, adding that she even introduced her friends to new possibilities in this area.

    Wang’s experience epitomizes the dynamics of innovation shaped by collaboration between government and market entities — a process that delivers benefits to all stakeholders, with companies thriving, talent converging and all citizens enjoying the fruits of innovative development.

    “This year, we will step up efforts to build an industrial cluster featuring AI and robotics,” said Liu Jingjing, general manager of the science park. Liu also said that more companies are expected to arrive in Xiong’an and contribute to its scientific and technological innovation. 

    MIL OSI China News –

  • MIL-OSI: Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for March 2025 of its Virtune Crypto Top 10 Index ETP, the first crypto index ETP in the Nordics

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, 2nd of April 2025 – Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

    In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:

    Virtune Bitcoin ETP
    Virtune Staked Ethereum ETP
    Virtune Staked Solana
    Virtune Staked Polkadot ETP
    Virtune XRP ETP
    Virtune Avalanche ETP
    Virtune Litecoin ETP
    Virtune Chainlink ETP
    Virtune Arbitrum ETP
    Virtune Staked Polygon ETP
    Virtune Staked Cardano ETP
    Virtune Crypto Altcoin Index ETP

    Index allocation as of 31st of March (before rebalancing):

    Bitcoin: 42.41%
    Ethereum: 28.10%
    XRP: 15.66%
    Solana: 7.56%
    Cardano: 3.06%
    Chainlink: 1.11%
    Avalanche: 0.96%
    Litecoin: 0.70%
    Uniswap: 0.45%

    Index allocation as of 31st of March (after rebalancing):

    Bitcoin: 40.00%
    Ethereum: 28.86%
    XRP: 16.39%
    Solana: 8.29%
    Cardano: 2.97%
    Chainlink: 1.14%
    Avalanche: 1.02%
    Litecoin: 0.81%
    Uniswap: 0.51%

    In connection with this month’s rebalancing, there is no change in the crypto assets included in the index. Virtune Crypto Top 10 Index ETP SEK outcome for March was -15.82%.

    The rebalancing is carried out according to the index that the ETP tracks, the Virtune Vinter Crypto Top 10 Index. The purpose of the monthly rebalancing is to ensure that the ETP always reflects the current market conditions and to effectively absorb volatility in the crypto market.

    During March, major crypto assets continued to move downward. Bitcoin and XRP remained relatively stable with declines of -2.19% and -2.52%, while Ethereum dropped by a significant -18.4% and Solana by -15.7%. The best performer in Virtune Crypto Top 10 Index ETP was Cardano with +4.37%.

    The performance of the crypto assets included in Virtune Crypto Top 10 Index ETP in March:

    Cardano: +4.37%
    Bitcoin -2.19%  
    XRP: -2.52%
    Chainlink: -8.76%
    Solana: -15.7%
    Avalanche: -16%
    Ethereum: -18.4%   
    Uniswap: -20.4%
    Litecoin: -35%

    Virtune’s crypto index ETP is the first of its kind in the Nordic region. The ETP includes up to 10 leading crypto assets that are part of the Nasdaq Crypto Index, based on their total market capitalization, with a maximum weight of 40% per crypto asset to promote diversification. This allows investors to benefit from broad exposure to the crypto market without being heavily concentrated in any single crypto asset.

    If you, as an (institutional) investor, are interested in meeting with Virtune to discuss the opportunities our ETPs offer for your asset management services or to learn more about Virtune and our ETPs, please do not hesitate to contact us at hello@virtune.com.

    You can also read more about Virtune and our ETPs at www.virtune.com and register your email address on our website to subscribe to our newsletters, which cover updates on Virtune’s upcoming ETP launches and other news related to digital assets.

    Press contact
    Christopher Kock, CEO Virtune AB (Publ)
    Christopher@virtune.com
    +46 70 073 45 64

    Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

    Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.

    The MIL Network –

  • MIL-OSI: Inc. Names Aerospike to Its 2025 List of the Fastest-Growing Private Companies in the Pacific

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., April 02, 2025 (GLOBE NEWSWIRE) — Aerospike, Inc. today announced its inclusion in the annual Inc. Regionals: Pacific list. An extension of the national Inc. 5000 list, this prestigious ranking features the fastest-growing private companies in California, Oregon, Washington, Hawaii, and Alaska.

    Aerospike makes it easy to launch in the cloud and choose the right data model for the job—whether document, graph, key-value, or vector search—all within a single, massively scalable real-time database. Developers can build high-performance applications on top of these models while using 80% less infrastructure than legacy or point solutions.

    “Our customers lead their industries with some of the most successful, cost-effective real-time application and AI deployments, turning to Aerospike to quickly deploy in the cloud and scale up and out to meet demand,” said Subbu Iyer, CEO, Aerospike.

    In 2024, Aerospike closed a $114M investment to support company growth and meet market demand. DB-Engines currently ranks Aerospike as the third most popular graph database and fifth most popular vector database in the industry.

    The companies on this list show a remarkable growth rate across all industries in the Pacific. Between 2021 and 2023, these companies had a median growth rate of 124 percent. They also added 7,947 jobs and $5.6 billion to the region’s economy.

    “The honorees on this year’s Inc. Regionals list are true trailblazers driving economic growth in their respective regions, industries, and beyond. This list celebrates their achievements and tells the stories of remarkable companies that are fueling growth and adding jobs in local economies throughout the country,” said Bonny Ghosh, editorial director at Inc.

    About Aerospike

    Aerospike is the real-time database built for infinite scale, speed, and savings. Our customers are ready for what’s next with the lowest latency and the highest throughput data platform. Cloud and AI-forward, we empower leading organizations like Adobe, Airtel, Criteo, DBS Bank, Experian, PayPal, Snap, and Sony Interactive Entertainment. Headquartered in Mountain View, California, our offices are also located in London, Bangalore, and Tel Aviv.

    Aerospike is a registered trademark of Aerospike, Inc.

    Contact:
    John Moran
    Look Left Marketing
    aerospike@lookleftmarketing.com

    The MIL Network –

  • MIL-OSI: CoinShares Resolves on Dividend Distribution for the financial year 2024

    Source: GlobeNewswire (MIL-OSI)

    2 April 2025 | SAINT HELIER, Jersey | As announced on 18 February 2025, CoinShares International Limited (“CoinShares” or the “Company”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF),  the leading European investment company specialising in digital assets, indicated a distribution to shareholders would be considered within the parameters of the dividend policy, subject to the finalisation of the Group audit for the year ended 31 December 2024

    Under the policy, the Company aims to return to shareholders by way of annual dividend of between 20% and 40% of the Group’s profit after tax, adjusted for any special dividend payments made during the period.

    Consistent with the policy, and following publication of the Group’s audited financial statements for the year ended 31 December 2024, the Board of the Company resolved to declare and pay in four equal instalments an annual dividend in relation to the financial year ending 31 December 2024 of approximately GBP 0.30 per ordinary share, amounting to GBP 20,000,000, to be paid from the Group’s reserves.

    The dividend to holders of ordinary shares will be made in sterling (GBP) and subsequently, before distribution to shareholders who hold ordinary shares via Euroclear Sweden, converted to SEK at prevailing rates at the time of distribution.

    The total number of shares in the Company as at 31 December 2024 was 2024 66,678,210.

    The key dates for the annual dividend are as follows:

      Ex-dividend date Record date Payment date Total Dividend
    Tranche 1 29 April 2025 30 April 2025 6 May 2025 GBP 5,000,000
    Tranche 2 27 June 2025 30 June 2025 3 July 2025 GBP 5,000,000
    Tranche 3 29 September 2025 30 September 2025 3 October 2025 GBP 5,000,000
    Tranche 4 29 December 2025 30 December 2025 7 January 2026 GBP 5,000,000

    In accordance with Article 115(4) of the Companies (Jersey) Law 1991, each payment will be subject to an assessment of the financial health of the Group by its Board.

    About CoinShares

    CoinShares is the leading European alternative asset manager specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Founded in 2013, the firm is headquartered in Jersey, with offices in France, Stockholm, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, in the US by the Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

    The MIL Network –

  • MIL-OSI Russia: Polytechnic University unites students and IT experts

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Polytechnic University held the CIT Day (Career in IT) on the topic “AI is changing IT”. The central theme was the transformation of the IT sphere under the influence of artificial intelligence technologies. More than a hundred students, teachers and industry professionals exchanged views on modern trends and prospects of information technology.

    Leading experts from Sber, T-Bank, Gazprom Neft, Sovcombank and other companies covered current issues: how artificial intelligence is changing IT professions, what relevant tools have appeared in the arsenal of programmers, how large language models influence the IT landscape. Several reports were devoted to successful cases of companies implementing artificial intelligence technologies in infrastructure and development processes.

    “KIT Day has a history of more than ten years,” said the event organizer, Associate Professor of the Higher School of Software Engineering Alexander Shchukin. “This year, we are glad to see representatives of the largest companies with interesting reports and many motivated, interested students at our university, for whom this is primarily an opportunity to obtain the most relevant specialized knowledge about promising technologies, communicate with professionals, meet and receive offers for internships.”

    There were so many questions for the speakers that the guys did not let them go even after the event ended. For the best questions, the students received branded gifts.

    Everything went great, the audience was very lively, the guys asked a lot of questions. It is not for nothing that we and the Polytechnic University are implementing joint educational programs and training future programmers, – says Mikhail Sukach, Executive Director of Sber’s Block T.

    All participants agreed that the reports aroused genuine interest not only among students, but also among IT specialists from various companies. Thus, St. Petersburg Polytechnic University became a platform for exchanging opinions for IT business.

    It is especially worth noting that most of the work in preparing the event was carried out by second-year students of the Higher School of Software Engineering.

    Photo archive

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

    MIL OSI Russia News –

  • MIL-OSI Economics: Star Alliance: ITA Airways Set to Start Integration into Star Alliance

    Source: Lufthansa Group

    ITA Airways has officially received approval to start the integration process into Star Alliance following a verdict by the Star Alliance Chief Executive Board (CEB). Building on its induction into the Lufthansa Group earlier this year, this decision paves the way for its much anticipated entry into the world’s largest airline alliance. The onboarding process will now move at full throttle.

    Celebrating the milestone, Star Alliance Chief Executive Officer Theo Panagiotoulias stated: “In early 2026, ITA Airways is expected to officially join the Star Alliance network as a full member. The decision by our Chief Executive Board underscores the strong confidence our members have in ITA Airways. As a gateway for Italy, its addition strengthens our global network, offering seamless and connected journeys to more travellers worldwide.”

    Joerg Eberhart, CEO and General Manager of ITA Airways, said: “We are excited to join the Star Alliance network and to bring the excellence of Made in Italy into the alliance, further enhancing its global reach. This is a significant milestone in ITA Airways’ growth, and we look forward to offering our customers the future privileges of the world’s largest airline network.”

    ITA Airways will add 360 daily flights to the Alliance network, further strengthening the Alliance’s footprint in the European region. The biggest growth will come from its home cities, especially Rome and Milan, which are currently served by 16 Star Alliance members collectively.

    Leveraging their legacy within the Alliance, Lufthansa Group is mentoring ITA Airways through its integration journey into Star Alliance.

    “I am proud that ITA Airways will become the fifth hub airline of the Lufthansa Group to join Star Alliance. As the mentor of the membership process, we will do our utmost to ensure a smooth and swift integration. ITA Airways’ future membership will provide Star Alliance customers with many new opportunities for personalised travel planning. I am confident that ITA Airways will be an excellent addition to the Star Alliance portfolio,” said Dieter Vranckx, Chief Commercial Officer of the Lufthansa Group.

    Upon completing induction, the Star Alliance network will grow to 26 member airlines, offering over 18,000 daily flights connecting 192 countries.

    About Star Alliance

    Established in 1997 as the first truly global airline alliance, the Star Alliance network was founded on a customer value proposition of global reach, worldwide recognition, and seamless service. Since its inception, it has offered the largest and most comprehensive airline network, with a strong emphasis on enhancing the customer experience throughout the entire Alliance journey.

    The member airlines are: Aegean Airlines, Air Canada, Air China, Air India, Air New Zealand, ANA, Asiana Airlines, Austrian, Avianca, Brussels Airlines, Copa Airlines, Croatia Airlines, EGYPTAIR, Ethiopian Airlines, EVA Air, LOT Polish Airlines, Lufthansa, Shenzhen Airlines, Singapore Airlines, South African Airways, SWISS, TAP Air Portugal, THAI, Turkish Airlines, and United.

    Overall, the Star Alliance network currently offers 17,500 daily flights to over 1,150 airports in 189 countries. Further connecting flights are offered by Star Alliance Connecting Partner Juneyao Airlines.

    Star Alliance Press Office:

    +65 8729 6691; mediarelations@staralliance.com

    About ITA Airways

    ITA Airways is the Italian reference carrier. The Company is 59% owned by the Ministry of Economy and Finance and 41% by Deutsche Lufthansa AG. ITA Airways operates both passenger and cargo air transport services, providing Italy with high-quality connectivity to international destinations, supporting tourism and foreign trade, as well as domestic connectivity within the Country, also leveraging integrated mobility.

    Through strong digitization of processes to ensure the best possible experience and personalized services, ITA Airways places customer service at the core of its strategy. This is combined with a commitment to sustainability, which encompasses environmental aspects (such as a young, technologically advanced fleet to reduce environmental impact), social aspects (a strong focus on its employees and the communities in which it operates), and governance aspects (integrating sustainability into internal strategies and processes).

    For press information:

    Pietro Caldaroni, Chief Communication Officer

    Mail: media@ita-airways.com

    About Lufthansa Group

    Lufthansa Group is a global aviation group with worldwide operations and a total of more than 300 subsidiaries and equity investments. The company’s mission is to connect people, cultures, and economies in a sustainable manner. Furthermore, safety, quality, reliability, and innovation are main priorities. The Lufthansa Group comprises the Passenger Airlines and Aviation Services segments.

    The Italian airline ITA Airways is the newest member of the Lufthansa Group, with the Group having a 41 percent stake in the airline. Now, the network carriers consist of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines and ITA Airways. These airlines offer their customers a premium experience, with high-quality products and services. The multi-hub strategy offers passengers a comprehensive route network along with the greatest possible flexibility for their journey. Eurowings is positioned as a carrier with an exclusive focus on point-to-point traffic on European short- and medium-haul routes. The Passenger Airlines segment also includes the regional airlines Lufthansa CityLine, Lufthansa City Airlines, Air Dolomiti, Edelweiss Air, Discover Airlines and the equity investment in SunExpress, the joint venture with Turkish Airlines. Since the summer of 2021, Discover Airlines has complemented the Lufthansa Group’s offering in the growing segment of leisure travel.

    Aviation Services comprises the segments Logistics and MRO, as well as additional businesses, which in particular include Lufthansa Aviation Training and Lufthansa Systems.

    The Lufthansa Group is currently investing in its onboard product, with both Lufthansa’s Allegris and SWISS Senses showcasing an entirely new travel experience. Lufthansa’s Allegris can already be experienced on certain long-haul routes. The full revamp will also include lounges, ground processes, individuality, and exclusivity.

    Lufthansa Airlines, SWISS, Austrian Airlines and Brussels Airlines are already members of the Star Alliance.

    For press information:

    Thomas Jachnow, Senior Manager Media Relations

    Deutsche Lufthansa AG

    lufthansa-group@dlh.de

    MIL OSI Economics –

  • MIL-OSI Economics: Digital health platforms poised to improve predictive modeling and personalized treatment strategies, says GlobalData

    Source: GlobalData

    Digital health platforms poised to improve predictive modeling and personalized treatment strategies, says GlobalData

    Posted in Medical Devices

    The integration of patient data into mobile health platforms is part of a larger trend in digital health innovation. The recent collaboration between Momentum Health and the Harms Study Group (HSG) aims to enhance pediatric scoliosis management by leveraging technology such as 3D imaging, artificial intelligence (AI), and wearable tracking. As AI, machine learning, and data analytics become more sophisticated, healthcare providers can leverage these technologies to improve predictive modeling and personalized treatment strategies, says GlobalData, a leading data and analytics company.

    The Momentum Spine platform introduces 3D topography scans, AI-powered analysis, and real-time wearable tracking to replace traditional X-rays, reducing radiation exposure. Additionally, its brace monitoring functionality ensures patient adherence to prescribed treatment plans. These innovations align with the healthcare industry’s move toward personalized and data-driven treatment strategies.

    Elia Garcia, Medical Analyst at GlobalData, comments: “Children and adolescents with scoliosis, in particular, are poised to gain significant advantages from this approach. Remote monitoring of posture and spinal alignment reduces the need for frequent hospital visits, promoting a more proactive model of care. Furthermore, real-time tracking of activity levels and brace compliance allows patients to take greater ownership of their treatment. Managing a chronic condition like scoliosis can be psychologically demanding, but providing immediate feedback and positive reinforcement through digital tools may improve adherence and lead to better treatment outcomes.”

    GlobalData’s report, “Regulatory Approved Apps Market Size by Segments, Share, Regulatory, Reimbursement, and Forecast to 2036,” reveals that as AI, machine learning, and data analytics evolve, healthcare providers can use these technologies to enhance predictive models and create more personalized treatment plans.

    Garcia concludes: “Over time, collaborations like Momentum Health and HSG could lead to broader applications in spinal care. By improving patient compliance and reducing complications, digital platforms like Momentum Spine can help healthcare systems use resources more efficiently and reduce costs.”

    MIL OSI Economics –

  • MIL-OSI: IceMOS Technology Closes $22 Million Series E Investment to Fund Launch of New Power Semiconductor Device Technology mSJMOS

    Source: GlobeNewswire (MIL-OSI)

    PARADISE VALLEY, Ariz., April 02, 2025 (GLOBE NEWSWIRE) — Semiconductor manufacturer, IceMOS Technology Corporation today announced it has completed Series E funding from a London-based investor, 57 Stars LLC , and earlier stage USA investors.

    The company headquartered in Paradise Valley, Arizona, has a manufacturing center of excellence located in Northern Ireland, an advanced research innovation center in Arizona, and a design center in Tokyo, Japan. IceMOS Technology is an industry-leading developer of next generation silicon power devices. These products, called mSJMOSTM, are developed using a novel semiconductor technology based on IceMOS Intellectual Property of which the company holds over 70 patents. The silicon-based mSJMOSTM, exhibits a new phenomenon resulting from the integration of Silicon MEMS manufacturing techniques with mature node CMOS Super-junction Power MOSFET structures resulting in power MOSFETs that deliver dramatic semiconductor energy efficiency.

    The investment, which values IceMOS at a market capitalization of $110 million USD (£85million) post money, will enable IceMOS to increase strategic manufacturing in Northern Ireland, device design capability, applications engineering, marketing and sales worldwide as it starts preparation to launch mSJMOSTM platforms.

    “Our sensing and power technologies are paving the way for more energy-efficient and CO2-saving solutions that support decarbonization,” said Dr. Samuel J. Anderson, MBE, IceMOS Technology Founder and Chairman. “Products based on this advanced technology represents a new class of semiconductors, essential to serve the efficiency demands of the massively complex market segments like artificial intelligence (AI), internet of things (IoT), big data, renewables wind and solar, electric vehicles and aerospace applications. The merging of mSJMOSTM structures and MEMS manufacturing techniques presents a revolutionary silicon-based technology that can compete with wideband gap devices at 650 Volts, 750Volts, 900Volts, and 1200Volts.”

    IceMOS will be expanding its global workforce to more than 100 employees on post funding. IceMOS is pleased to announce that Niall Lyne has accepted the position of IceMOS Chief Operating Officer and Executive Vice President, Global Sales. Niall an Industry veteran held numerous positions with Analog Device, Inc., Intersil and more recently Renesas Electronics. In this position, he will be responsible for optimizing company objectives, operations, and revenue growth.

    The new Investors in the IceMOS Series E attended the Northern Ireland Investment Summit in September 2023 which was a collaboration by the Department for Business and Trade, the Northern Ireland Office, and Invest Northern Ireland, which hosted around 200 investors from across the world to visit Belfast with the aim of turbocharging inward investment into all corners of Northern Ireland.

    Secretary of State for Northern Ireland Hilary Benn said: “Northern Ireland’s track record of delivering innovation, its supportive business environment, competitive operating costs and the creative ingenuity of its people make it an attractive destination for businesses of all sizes to start up and scale up. Northern Ireland has huge potential for significant economic growth, so it’s great to see IceMOS secure this funding as a result of the Northern Ireland Investment Summit, leading to investment and job creation.”

    Dr. Caoimhe Archibald, Minister for the Economy, added: “IceMOS Technology’s multi-million funding success showcases the North’s strengths in advanced manufacturing and engineering. This investment highlights the confidence global investors have in the North and aligns with my vision to drive innovation, productivity, and technological advancement. The 2023 Investment Summit played a key role in showcasing the opportunities here and it’s encouraging to see significant outcomes like this. I look forward to seeing IceMOS continue to push the boundaries of semiconductor technology, creating high-value jobs in West Belfast and pioneering solutions in sectors from AI to renewable energy.”

    Bernard McGuire, Managing Director of 57 Stars LLC: “IceMOS’ new architecture for silicon semiconductors represents break-through technology for power management systems in high-growth sectors such as electric vehicles and data centers,” said Bernard McGuire, Managing Director of 57 Stars. “The hiring of industry veteran Niall Lyne both validates the strength and potential of its innovative products and enhances the management team to start scaling the business.” 57 Stars is the largest investor in this round of financing, having committed $7.5 million dollars. McGuire further commented: “Given the company sits squarely in our sustainability and technology focus sectors, 57 Stars invested in IceMOS out of multiple private equity funds we manage and are thrilled to be partnering with and supporting the Company at this pivotal moment for its growth and development.” 57 Stars was supported by EY on financial and tax due diligence, Tughans LLP and Purrington Moody Weil LLP on legal advisory, and SLR Consulting on environmental, health, and safety (EHS) due diligence assessment.

    Hugh Griffin, Chief Sales Officer (Eng Sub & Sensor Products) & Chief Strategy Officer, IceMOS Technology: “Building on our 2024 ‘Made in the UK, Sold to the World’ award, this investment will further strengthen our manufacturing excellence in Belfast, expand our global workforce, and deepen our export footprint—already serving hundreds of customers worldwide. As a leader in advanced semiconductor exports, we are poised to diversify markets, enhance R&D, and deliver cutting-edge solutions that solidify the UK’s position as a hub for high-tech innovation. Together with our investors and partners, we’re not just scaling operations; we’re powering a sustainable future.”

    About IceMOS Technology
    IceMOS is an equity-financed private Delaware semiconductor corporation and manufacturer of a new class of Silicon MEMS based Power MOSFETs and Sensing Device technology that serves wide-ranging applications anywhere that power efficiency and sensing matters. The company has a manufacturing center of excellence located in Belfast, Northern Ireland, an advanced research innovation center in Arizona, and a design center in Tokyo, Japan.

    Company and Media Contact:
    Brenda Monaghan
    Investor Relations
    IceMOS Technology
    Email: brendamonaghan@icemostech.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5c918f39-bf4f-4b25-989a-7aade69e17eb

    The MIL Network –

  • MIL-OSI: Anywhere365 drives the transformation of customer experience with AI, and unveils new identity: AnywhereNow

    Source: GlobeNewswire (MIL-OSI)

    London, UK 2 April 2025 – Anywhere365, a global pioneer in transforming customer experience with AI solutions, has unveiled its bold, new brand identity, AnywhereNow. Building on the company’s history, the new brand steps up into a faster paced identity, incorporating an urban theme that reflects a new sense of urgency, but still retains the company’s core values of innovation, accountability, customer-first approach and caring.  

    AnywhereNow’s AI solutions help contact centres deliver exceptional value through enhanced engagement, efficient workforce collaboration, AI-driven insights and a comprehensive omni-channel service. AnywhereNow will continue to build on its AI-first strategy, embedding Agentic AI into all phases of customer interaction, leveraging the power of Teams, Azure Communication Services, and the Microsoft ecosystem, as well as considerable integrations including SAP, Salesforce and ServiceNow. In addition, AnywhereNow’s Copilot-ready Deepdesk Agent Assist, powered by Azure OpenAI, helps agents decrease call handling times and improves customer experience.   

    Will Blench, CEO at AnywhereNow says, “Our vision remains constant: to enable every employee and every customer to be heard, understood and valued. Since launching the market’s first contact centre solution with native Microsoft Teams integration, we have proven our commitment to service excellence and gained the trust of more than 2000 global enterprises worldwide.”  

    “We now stand at the crossroads of three powerful market drivers: Hybrid work, Agentic AI and Cloud Communications, and are focused on helping our customers maximise their commercial advantage of those drivers,” adds Blench.  

    Acquisitions and New Innovation  

    AnywhereNow has a proven track record in successful M&A, most recently acquiring Deepdesk and Tendfor in 2024. The company continues to invest in innovation across its global hubs, offering a comprehensive set of AI-enabled products and services: 

    • Deepdesk: A powerful Agent Assist platform that helps contact centre agents solve problems quickly and easily. Now, through its Assistant Platform, companies can deploy Agentic AI to solve customer experience issues without human intervention. Deepdesk is growing fast and already has deep inroads into enterprise customers such as Rabobank and DHL.   
    • Dialogue Cloud: The flagship offering for Microsoft Teams customer experience, offering intuitive user experience (UX) and a deep array of CRM and AI integrations, easily configured with the Low-code solution, Dialogue Studio. Dialogue Cloud also offers Dialogue AI Assist, a fully integrated AI platform that seamlessly embeds AI-assistance capabilities into customer interactions.  
    • Tendfor: A leading provider of advanced cloud communication capabilities strengthens AnywhereNow’s leadership in the Microsoft Teams Phone ecosystem, providing a rich and easy-to-deploy experience.  
    • IQMessenger: The AnywhereNow critical messaging platform is a world leader in the Health and Industrial markets.  

    Partnerships  

    Partners are integral to AnywhereNow’s success, and it is committed to maintaining its global partnerships through its Global Partnership Programme. Over the next year, AnywhereNow will continue to empower partners with tailored onboarding, training and enablement to deliver the best contact centre solutions to its customers.   

    Looking ahead  

    In an era of rapid technological advancement and changing customer expectations, AnywhereNow will redefine how enterprises communicate and engage their customers.   

    About AnywhereNow  

    Founded in 2010, AnywhereNow is a Netherlands-headquartered and fast-growing provider of Customer Experience SaaS solutions. AnywhereNow empowers voice and digital dialogues for organisations worldwide and brings to life Agentic AI platforms for increased productivity and effectiveness. AnywhereNow’s products are award-winning, recognised by industry analysts, and trusted by over 2,000 global customers, including Rabobank, DHL, Emirates, KPMG, Swarovski, Mazda, Deloitte, Aldi, Vodafone and Zeiss. For more information, please visit Anywhere.now  

    Press Contact:  

    Destiny Gillbee for AnywhereNow   

    anywherenow@c8consulting.co.uk

    The MIL Network –

  • MIL-OSI: 300% Quarter-over-Quarter Increase in Crypto Stolen by Hackers, CertiK’s 2025 Q1 Hack3d Report Reveals

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — CertiK, a leading blockchain security firm, released its Web3 security quarterly report, Hack3d, for Q1 2025. CertiK’s Hack3d reports provide the most comprehensive statistics and analysis of Web3 security.

    In this report, CertiK noted that hackers stole around $1.67 billion across 197 security incidents in Q1 this year, representing an approximate 303.38% increase in value lost compared to the previous quarter. It is important to note, however, that the vast majority of the total amount stolen stemmed from the Bybit exploit, which resulted in the loss of around $1.45 billion. As CertiK notes, the fallout from Bybit’s breach has since sent shockwaves throughout the Web3 industry, raising urgent questions about security measures at centralized exchanges.

    CertiK also reported that one of the most pressing concerns this quarter has been the rise in private key compromises (a sub-category of wallet compromises), which led to approximately $142 million stolen across 15 security incidents. Interestingly, while the total amount stolen due to phishing this quarter is substantially lower compared to private key compromises, the number of phishing incidents was higher than any other attack vector. Phishing accounted for nearly $16 million stolen across 81 incidents. These figures suggest that the individual impact of phishing attacks tends to be smaller in scale.

    CertiK explains in this report that attackers are continuing to leverage social engineering, artificial intelligence, contract manipulation, and other similar tactics to bypass even the most robust defenses. With increasing adoption and higher asset valuations, CertiK’s experts expect that the amount of assets stolen in cryptocurrency will unfortunately continue to rise.

    Additionally, CertiK’s Q1 2025 Hack3d report analyzes the blockchains with the most exploits, the top three incidents of the quarter, general industry developments, and how users and protocols can boost their security.

    Hack3d serves as an essential resource and record of statistics for understanding security challenges and vulnerabilities in the Web3 space. It equips stakeholders with the knowledge and insights needed to fortify their defenses and make informed decisions in an increasingly high-stakes environment.

    2025 Q1 Hack3d report link： https://indd.adobe.com/view/ebdc3abd-f08d-438c-9515-8e08736784f0

    Media Contact
    CertiK
    Elisa Xu
    yiting.xu@certik.com

    The MIL Network –

  • MIL-OSI China: Five cities eye globally attractive consumption

    Source: China State Council Information Office

    China will accelerate the transformation of five major cities — Shanghai; Beijing; Guangzhou, Guangdong province; Tianjin; and Chongqing — into global consumption centers on par with New York and London, and create globally attractive retail environments, as part of the country’s latest moves to boost consumption.

    The document, formulated by the Ministry of Commerce, said China aims to further expand domestic demand and promote high-standard opening-up.

    The country will actively promote the debut economy by supporting high-quality domestic and foreign brands to launch new products and exhibitions, and providing Customs clearance convenience for new imported products.

    The government will support the holding of events such as fashion weeks and car expos in these five cities. It will also work to attract high-quality global brands to launch their first stores, establish research and development design centers as well as regional headquarters, the document said.

    It is critical to adapt to local conditions for developing the debut economy. Shanghai has been doing well in attracting debuts of global brands in China and launching pop-up stores, the ministry said.

    In the recently delivered Government Work Report, boosting consumption was listed as a top priority among this year’s tasks.

    As part of measures to build global consumption centers, China plans to further expand its unilateral visa-free entry policy in an orderly manner, and better leverage the role of tax refund stores and tax refund policies by opening more such stores and optimizing tax refund procedures for overseas visitors.

    Since late 2023, China has launched unilateral visa-free policies for multiple countries, encouraging more overseas travelers to visit the nation. Last year, the number of inbound foreign visitors in the above-mentioned five cities doubled the 2023 figures, said the National Immigration Administration.

    “In those five cities, the number of tax refund stores for overseas visitors accounted for 60 percent in the country last year, and total sales made up for over 70 percent of the value nationwide,” said Li Gang, director-general of the department of market operation and consumption promotion of the Ministry of Commerce, during a news conference earlier in Beijing.

    Besides trendy products, foreign tourists have also favored domestic time-honored brands and specialty products. Tong Ren Tang, a venerable traditional Chinese medicine pharmacy, has seen a growing number of foreign visitors take advantage of tax refund procedures at its stores in the Qianmen area of Beijing, and the products they buy mainly include traditional Chinese patent medicines and medicinal materials.

    Compared to overseas metropolises, there is still a gap between China and developed countries. The government will guide the building of a group of featured commercial complexes, and encourage sales of more domestic trendy products at tax refund stores, the ministry said.

    In addition, China plans to organize various large-scale consumption promotion activities, support the hosting of more high-level international sporting events and performances, and increase the supply of high-quality services.

    In late March, the 2025 Formula 1 Chinese Grand Prix took place in Shanghai, attracting fans from home and abroad. The guideline noted that China plans to hold more motor racing events, foster new consumption scenarios such as recreational vehicle camping, and further expand the aftermarket consumption of automobiles.

    Meanwhile, China will encourage the innovative growth of the cruise market and low-altitude tourism. The country will also promote the application of technologies such as artificial intelligence, virtual reality and big data in the consumption market, and accelerate the promotion of smart home appliances, new energy vehicles and other smart products, the document said.

    In the first two months, total retail sales of consumer goods in China reached 8.37 trillion yuan ($1.15 trillion), up 4 percent year-on-year, with the growth rate 0.5 percentage point higher than the whole year figure last year, the ministry said.

    MIL OSI China News –

  • MIL-OSI China: Micro dramas, video games, online literature: Chinese digital content goes global

    Source: China State Council Information Office 3

    Through the global expansion of micro dramas, video games and online literature, Chinese digital works have become part of their daily entertainment for many international audiences.

    Chinese micro-drama platforms have achieved considerable reach, with over 300 apps accumulating more than 470 million downloads worldwide across more than 200 countries and regions, according to the National Radio and Television Administration.

    One prominent example is ReelShort, a micro-drama platform under Crazy Maple Studio. Its minute-long episodes, featuring intense plot twists and rapid story development, have quickly gained a large following — and are mostly watched on smart devices.

    “Last year we explored new formats by localizing Chinese micro dramas for global distribution and co-producing content with Hollywood crews. Now, we have hundreds of staff locally,” said Nan Yapeng, vice president of Crazy Maple Studio.

    The gaming sector has seen similar breakthroughs. “Black Myth: Wukong,” a 3A video game with cutting-edge graphics, has captivated global players, while established gaming hits like “Genshin Impact” and “Honkai: Star Rail” continue to rank among the top downloaded items in over 100 countries and regions.

    Data from the China Audio-video and Digital Publishing Association (CADPA) show that China’s gaming industry reported overseas revenue of 18.56 billion U.S. dollars in 2024 — up 13.39 percent compared with the previous year.

    Games like “Genshin Impact” and “Black Myth: Wukong” demonstrate China’s cultural innovation by skillfully blending traditional heritage with global fantasy elements, said Xue Ke, deputy dean of USC-SJTU Institute of Cultural and Creative Industry of Shanghai Jiao Tong University.

    This creative fusion of ancient stories and interactive experiences not only resonates worldwide but also maintains authentic Chinese roots, Xue added.

    Recognition also extends to online literature. In November 2024, the British Library expanded its Chinese collection by adding 10 online novels by Chinese authors, including “Lord of the Mysteries,” “Soul Land” and “The Joy of Life.” This library first added Chinese online literature to its collection in 2022.

    In 2023, total revenue of China’s online literature industry in the overseas market amounted to 4.35 billion yuan (about 606 million U.S. dollars), a 7.06 percent year-on-year increase, according to a report from the CADPA.

    Notably, the rapid development of artificial intelligence (AI) also brings new opportunities for the global expansion of China’s digital content.

    WebNovel, an online reading platform, added over 2,000 AI-translated works in 2024 alone, while gaming giant miHoYo has filed hundreds of patents in AI, cloud gaming and other technologies, achieving procedural content production for 3D rendering.

    “AI technology will help boost the global expansion of Chinese culture, transforming content exports from premium offerings to large-scale distribution,” said Li Ming, CEO of NewTV, an internet television media platform. 

    MIL OSI China News –

  • MIL-OSI USA: FACT SHEET: Trump, Musk, & RFK Jr. Hollow Out HHS, Threatening Americans’ Health and Wellbeing

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    Trump carries out mass firings across HHS and subagencies today
    ICYMI: Murray, Former Health Department Leaders, Sound Alarm on Trump and RFK Jr. Gutting HHS
    ICYMI: Murray, DeLauro, Baldwin Demand Answers on RFK Jr.’s Plans to Gut HHS
    Washington, D.C. – Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and a senior member and former chair of the Senate Committee on Health, Education, Labor, and Pensions (HELP), responded to the Trump administration’s mass firings across the Department of Health and Human Services (HHS) and its many subagencies, which are responsible for protecting Americans’ health and delivering essential health and social services. 
    “Today, two billionaires are making good on their vow to take a wrecking ball to the Department of Health and Human Services and put Americans’ health and wellbeing at serious risk–and Republicans are letting them,” said Senator Murray. “These firings make a lot of sense if you believe measles spreading like wildfire is good–or think we should be slashing cancer research. While Republicans work to pass more tax breaks for billionaires, Trump, Musk, and RFK Jr. are ripping essential health services away from the American people and decimating our country’s ability to prevent outbreaks and keep families safe. There’s no two ways about it: this is the type of carelessness that gets people killed.”
    Late last week, Secretary Robert F. Kennedy Jr. announced plans to unilaterally push out 20,000 HHS employees (a ~25% reduction) and to dramatically reorganize and hollow out the Department–in clear violation of annual spending laws, including the one that Congress passed and was signed into law just weeks ago. 
    On Monday, Senator Murray led a letter to Secretary Kennedy demanding more information about the sweeping, devastating plans–noting that if this administration is truly committed to transparency, as it claims to be, and is confident its drastic plans will protect Americans’ health, it should be eager to share basic information about them. Thus far, however, the administration has provided no additional details to Congress or the public about its mass firings and reorganization.
    This morning, thousands of health officials woke up to emails notifying them that they were being fired. In addition to the mass firings, HHS says it will eliminate 5 of 10 regional offices, trim 28 divisions into 15, and consolidate and move essential functions to other agencies.
    Since taking office, Trump, Musk, and RFK Jr. have taken a sweeping array of actions to halt HHS’ essential, lifesaving work and diminish its capacity to keep families healthy. It has systematically choked off lifesaving medical research, and just last week, Trump ripped away resources communities nationwide are using to address bird flu, measles, the fentanyl epidemic, the mental health crisis, and more. 
    FOOD AND DRUG ADMINISTRATION (FDA)
    The FDA protects Americans’ health by ensuring the safety and effectiveness of medicines, biologics, and medical devices–and regulating food, cosmetics, and tobacco products. 
    The Trump administration announced last week it will cut 3,500 employees at the FDA. It has now pushed out senior leaders across the agency focused on food, drug, and medical device policy, as well as the head of the Center for Tobacco Products and the head of the Center for Biologics Evaluation and Research. Among the thousands of FDA staff fired by the Trump administration are experts who manage the review of new applications for drugs, vaccines, and medical devices–which will delay approval of new, potentially life-changing products that patients are counting on. Others reportedly pushed out include veterinary medicine experts working on bird flu preparedness and response, the top Type 1 Diabetes expert, and regulatory staff focused on negotiations on User Fee Agreements that fund some of FDA’s work–among many others. 
    “Americans depend on the FDA every time they sit down for a meal or pick up a prescription–but that’s no matter: Trump and Musk are hollowing out the agency and putting their health at risk. Let’s be crystal clear: there’s nothing strategic about firing thousands of people who inspect our food and ensure our prescriptions and babies’ formula are safe. While they work overtime to pass more tax breaks for themselves, Trump, Musk, and RFK Jr. are insisting on senseless cuts to all but destroy FDA, jeopardizing Americans’ safety and leaving patients waiting longer for lifesaving drugs to get to market,” said Senator Murray.
    CENTERS FOR DISEASE CONTROL AND PREVENTION (CDC)
    CDC is charged with protecting the American people from health threats, including infectious diseases like measles and bird flu.
    The Trump administration announced plans to force out 2,400 employees at CDC. 
    Today, scores of CDC staff woke up to emails notifying them they are being fired. This includes mass reductions in force across most CDC centers, which will prevent the critical work CDC is responsible for from being carried out. Staff were fired en mass across CDC offices for domestic violence prevention, Smoking and Health, HIV prevention, Tuberculosis elimination, disability and health, childhood lead poisoning, asthma control, among many others. Trump has even reportedly fired the entire team focused on assistive reproductive technology like IVF–despite his wild claims to be the “fertilization president.”
    The Trump administration has also reportedly fired nearly two-thirds of the CDC National Institute for Occupational Safety and Health (NIOSH) staff, or nearly 900 people. The Trump administration is now, for example, apparently working to shutter the CDC NIOSH Spokane Research Laboratory in Washington state, firing dozens of workers today who study how to protect workers’ health and safety on the job, particularly those in fields like mining, the maritime industry, and firefighting, where workers face elevated risks.
    “Decimating the CDC is a great way to make our communities less safe and less prepared to respond quickly and effectively when diseases–like measles and bird flu–put lives and livelihoods in danger. When the next pandemic hits and America is unprepared, it will be thanks to Donald Trump and Republicans destroying our public health infrastructure. Decimating the agency that helps prevent workplace injuries and illnesses is a slap in the face to workers across America–and will threaten the safety of firefighters, miners, construction and agricultural workers, and so many others while on the job,” said Senator Murray.
    NATIONAL INSTITUTES OF HEALTH (NIH)
    NIH is the nation’s premier biomedical research agency. Each year, NIH supports biomedical research that produces life-changing and, in many cases, lifesaving treatments and cures.
    The Trump administration has already pushed out top experts, scientists, and senior leadership, well over 1,100 NIH employees, and systematically choked off billions of dollars in NIH funding for new treatments and cures for devastating diseases like Alzheimer’s and cancer.
    Now, it is firing even more NIH scientists and staff–including veterans and more than 1,300 additional employees as of this afternoon–decimating the agency. President Trump and RFK Jr. are pushing out senior NIH leadership, including Institute and Center Directors at the Fogarty International Center (FIC), the National Institute of Allergy and Infectious Diseases (NIAID), the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD), the National Human Genome Research Institute (NHGRI), the National Institute of Nursing Research (NINR), and the National Institute on Minority Health and Health Disparities (NIMHD).  
    “Since taking office, Trump has systematically worked to break the NIH–he’s taking patients’ hopes for new treatments and cures and throwing them right in the shredder. These sweeping firings at NIH will set back our efforts to discover medical breakthroughs that save lives by decades. And they won’t just delay research, they will halt clinical trials in their tracks and cut patients off from care,” said Senator Murray.
    CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS)
    CMS helps ensure over 100 million Americans have access to affordable, high-quality health insurance by overseeing Medicare, Medicaid, the Children’s Health Insurance Program (CHIP), and Affordable Care Act marketplaces. 
    The agency has long been understaffed and under-resourced, including for essential functions like nursing home safety inspections and protecting Americans from surprise medical bills. Nonetheless, Trump and Musk are pushing even more people out–and jeopardizing Americans’ health care in doing so. Trump announced that 300 employees at CMS will be cut. 
    “The American people are looking to their leaders to make sure they can get quality, affordable health care–instead, two billionaires are gutting the very agency that helps over 100 million Americans get health care. Undercutting CMS is an attack on Americans’ health care–full stop. Firing the people who keep our systems running, who ensure long-term care facilities are safe, and prevent health care companies from ripping people off makes no sense and will hurt patients nationwide,” said Senator Murray.
    INDIAN HEALTH SERVICE (IHS)
    IHS is responsible for providing direct medical and public health services to members of federally recognized Tribes, and it is the principal federal health care provider and health advocate for Tribal communities across the country. 
    IHS is already struggling to provide quality health care to 2.8 million Americans who rely on its services, and the actions being taken by the Trump administration to freeze federal hiring, reduce office space, and reduce the HHS workforce that IHS relies on are making matters worse. Chronic understaffing continues to plague the IHS, and despite some hiring exemptions for doctors and nurses, quality health care can’t be delivered without sufficient administrative personnel at HHS and at IHS hospitals and health clinics. 
    Adding to the IHS’ staffing struggles, the Trump administration is arbitrarily canceling leases that house IHS administrative offices across all service areas and its medical supply warehouse, which stockpiles and distributes critical medical supplies to all IHS hospitals and health clinics. IHS needs more resources and staffing to fulfill its mission, not less. 
    “Trump and Musk are leaving the Indian Health Service and our Tribes in the dust–freezing hiring at an already-strapped agency, canceling leases it counts on, and now, gutting essential HHS functions that enable IHS to serve patients. They are breaking government with no idea of what they are doing and no regard for who gets hurt–all while they enrich themselves,” said Senator Murray.
    SUBSTANCE ABUSE AND MENTAL HEALTH SERVICES ADMINISTRATION (SAMHSA)
    SAMHSA is charged with improving services and support available to people across the country for substance use disorder and mental health. The agency plays a leading role in tackling the fentanyl and opioid crisis, and it oversees the 988 Suicide and Crisis Lifeline. 
    The Trump administration has announced plans to eliminate SAMHSA and collapse it into a new “Administration for a Healthy America.” But it has not provided any additional details on its illegal reorganization or how it will ensure SAMHSA’s statutorily-mandated, lifesaving functions would be carried out. Today, the Trump administration made more deep cuts to SAMHSA’s staff, which will result in the agency’s staffing levels being reduced by fifty percent since January–weakening the ability of communities to respond to the mental health and substance use crises. 
    “Just as we are finally starting to make progress getting opioid overdose deaths to trend down nationally, Trump and Musk have decided to scrap the agency responsible for our national response to the epidemic. These billionaires believe our country can afford to pay for more tax breaks for them but cannot afford to keep up the fight against the opioid epidemic. These chaotic, senseless moves will undermine federal support for all the work our communities on the frontlines are doing to tackle the opioid and mental health crises–and save lives,” said Senator Murray.
    ADMINISTRATION FOR CHILDREN AND FAMILIES (ACF)
    ACF is responsible for administering a variety of programs to help children and families thrive–including the primary federal child care grant program, Head Start, family violence prevention programs, and Low Income Energy Assistance Program (LIHEAP), among many others. 
    Today, the Trump administration made deep cuts to the staff responsible for carrying out these programs, threatening the services and essential oversight families count on. The administration also shuttered half of the regional offices for the Office of Head Start, which are charged with ensuring Head Start services delivered to families are high-quality, without any explanation of how it will fulfill its mission and continue serving children and families without these offices or staff. Trump also gutted the Office of Community Services, which administers the LIHEAP program to help low-income individuals and families afford to heat and cool their homes and administers the Community Services Block Grant program, which helps communities nationwide fight poverty.
    “While the child care crisis crunches families’ budgets, Trump and Musk are focused on firing the very people who help make sure there are safe, affordable child care options available to families in every part of the country,” said Senator Murray. “Decimating this agency may well mean child care and Head Start centers don’t get the funding they need to keep their doors open, and shuttering regional offices will threaten families’ access to quality and reliable Head Start services. These firings will certainly risk kids’ safety–because that’s what happens when you get rid of the people who monitor centers’ care. These billionaires are ripping the rug out from under families just as they seek to give themselves more tax breaks.”
    ADMINISTRATION FOR COMMUNITY LIVING (ACL)
    ACL provides unique and critical support to help ensure seniors and Americans with disabilities can live independently and with the same opportunities as others in their communities. ACL programs improve access to health care and long-term care supports, fund essential services like congregate and home-delivered meals and respite care, and invest in essential research and innovation to better support seniors and Americans with disabilities.
    The Trump administration announced plans to eliminate ACL in clear violation of annual appropriations law that explicitly funds ACL–and has provided no additional details on how its essential, statutorily-mandated functions will continue without interruptions that seriously hurt seniors and people with disabilities.
    Today, Trump gutted ACL, firing scores of staff and leaving the administration of these critical programs in jeopardy.
    “Trump and Musk are ripping the rug out from underneath seniors and Americans with disabilities by gutting the agency that helps them get the support they need to not only live independently, but also thrive in their communities,” said Senator Murray.
    ADMINISTRATION FOR STRATEGIC PREPAREDNESS AND RESPONSE (ASPR)
    ASPR leads our country’s medical and public health preparedness for, response to, and recovery from disasters and public health emergencies–coordinating planning and response for when fires erupt, pathogens like COVID or bird flu emerge, and so much more.
    The Trump administration has announced that ASPR will be consolidated into CDC, and today laid off a number of staff, including staff for the Strategic National Stockpile.
    “As bird flu rages and measles spreads across the country in an outbreak with little recent precedent, apparently Donald Trump thinks it’s a good idea to destroy the very agency tasked with leading our public health preparedness efforts. Firing this staff puts our economy and our families in serious danger,” said Senator Murray.
    HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA)
    HRSA is charged with improving access to care for vulnerable and underserved populations. The agency runs critical programs to bolster the nation’s health workforce, improve maternal and child health, support high-quality care in community health centers and Ryan White HIV/AIDS clinics, address rural health needs, modernize the nation’s organ transplant system, and more.
    The Trump administration has announced it plans to eliminate HRSA and collapse it into a new “Administration for a Healthy America” but has not provided any additional details on how this reorganization might work and how it will ensure HRSA’s statutorily-mandated functions will be carried out.
    Today, the Trump administration reportedly fired hundreds of staff who provide support to the nation’s 1,400 community health centers, which operate more than 15,000 sites serving millions of patients across the U.S. regardless of their ability to pay. Others fired include those working on HRSA’s maternal and child health programs, who oversee states’ block grants and operate the Maternal, Infant, and Early Childhood Home Visiting (MIECHV) Program to support mothers, children, and families. Staff were also fired from HRSA’s health workforce programs, where they work to engage with communities nationwide to address shortages of doctors and nurses, and provide scholarships and loan repayment for those working in high-need communities.
    “It defies logic to get rid of the people who help strengthen our nation’s health workforce, support our nation’s health centers, and work to ensure children grow up healthy. These reckless firings and thoughtless reorganization will set back efforts to improve maternal care, help Americans in rural areas get basic health services, and so much more,” said Senator Murray.

    MIL OSI USA News –

  • MIL-OSI: Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025 – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT IS PUBLISHED PURSUANT TO SECTIONS 9(3)-(5) AND SECTION 21(3) OF EXECUTIVE ORDER NO. 636 OF 15 MAY 2020

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

    Publication of supplement concerning extension of offer period for Nykredit’s recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025

    2 April 2025

    Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 24 April 2025

    In accordance with section 4(1) of the Danish Takeover Order1, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public tender offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion.

    On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order. In the Offer Document, the offer period was set to expire on 19 February 2025 at 23:59 (CET) (the “Initial Offer Period”). The Initial Offer Period was subsequently extended to 20 March 2025, and on 19 March 2025, Nykredit published a supplement to the Offer Document, which extended the offer period to 3 April 2025 at 23:59 (CEST).

    Today, Nykredit published a supplement (the “Supplement”) to the Offer Document, which further extends the offer period for the Offer. The Supplement has been approved by the Danish FSA on 2 April 2025 in accordance with section 9(3)-(5) of the Danish Takeover Order. The Supplement should be read in conjunction with the Offer Document and the previous supplements as published on 18 February and 19 March 2025.

    With this Supplement, Nykredit further extends the offer period, such that the Offer will expire on 24 April 2025 at 23:59 (CEST). Subsequently, any reference to the “Offer Period” in the Offer Document or other documents relating to the Offer will refer to the period commencing on the day of publication of the Offer Document on 8 January 2025 and ending on 24 April 2025 at 23:59 (CEST) (the “Extended Offer Period”).

    The purpose of the extension is to provide Nykredit with time to obtain the approval from the Danish Competition and Consumer Authority required to complete the Offer. If the approval from the Danish Competition and Consumer Authority has not been granted by the expiry of the Extended Offer Period, Nykredit expects to extend the offer period further.

    The extension of the offer period entails that the expected completion of the Offer and settlement of the offer price to the Spar Nord Bank shareholders who have accepted the Offer will be extended correspondingly. Completion is subsequently expected to take place on 2 May 2025 (provided that the offer period is not extended further).

    This will result in an adjustment of the offer price in accordance with section 6.2 of the Offer Document, such that the offer price is increased by DKK 0.50 per share to DKK 210.50.

    The increase of the offer price affects all Spar Nord Bank shareholders who have already given their accept of the Offer and all Spar Nord Bank shareholders who accept the Offer following publication of the Supplement. Spar Nord Bank shareholders who have already accepted the Offer thus do not have to take further action.

    At the time of this announcement, Nykredit holds 32.79 per cent of the shares in Spar Nord Bank.

    In the supplement dated 19 March 2025 to the Offer Document, Nykredit announced that a preliminary compilation of the acceptances that Nykredit had information about showed that, including the irrevocable undertakings, acceptances corresponding to more than 46 per cent of the share capital of Spar Nord Bank had been submitted, and that Nykredit’s ownership interest in Spar Nord Bank, together with the irrevocable undertakings and the binding acceptances submitted that Nykredit had information about, totalled more than 80 per cent of the total share capital (excluding treasury shares) of Spar Nord Bank, indicating that the 67 per cent acceptance limit stated in the Offer has been reached.

    The final result of the Offer will be determined on expiry of the offer period and published in accordance with section 21(3) of the Danish Takeover Order.

    Nykredit intends to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders, provided that Nykredit has obtained the necessary ownership interest, and the Offer has been completed. Spar Nord Bank shareholders who have opted not to accept the Offer, should expect that Nykredit, provided that the Offer is completed, will take steps to combine Nykredit Bank A/S and Spar Nord Bank, which will result in a further increase in Nykredit’s ownership interest in Spar Nord Bank. Not later than in continuation of the combination, Nykredit thus expects to hold a sufficient ownership interest to be able to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders.

    The full terms and conditions of the Offer are contained in the Offer Document as amended by the Supplement. The Offer Document and the Supplement are published in the Danish FSA’s OAM database: https://oam.finanstilsynet.dk/ and can also, with certain restrictions, be accessed at https://www.nykredit.com/kobstilbud-spar-nord/ and https://www.sparnord.dk/investor-relations/overtagelsestilbud.

    About Spar Nord Bank

    Spar Nord Bank was founded in 1824 and is now a nationwide bank with 58 branches. Spar Nord Bank offers all types of financial services, consultancy and products, focusing its business on retail customers and primarily small and medium-sized enterprises (SMEs) in the local areas in which the bank is represented. The bank is also focused on leasing operations and large corporate customers, which are both business areas handled by the head offices.

    Spar Nord Bank has historically been rooted in northern Jutland and continues to be a market leader in this region. However, in the period from 2002 to 2024, Spar Nord Bank has established and acquired branches outside northern Jutland. Over the course of the years, the bank has adjusted its branch network in an ongoing process and now has a nationwide distribution network comprising 58 branches. These 58 branches are distributed on 32 banking areas, each of which is headed by a manager reporting directly to the bank’s executive board.

    The Spar Nord Bank Group consists of two earnings entities: Spar Nord Bank’s branches and the Trading Division. As an entity, the Trading Division serves customers from Spar Nord Bank’s branches as well as large retail customers and institutional clients in the field of equities, bonds, fixed income and forex products, asset management and international transactions. Finally, under the concept Sparxpres, the bank offers consumer loans to personal customers through Sparxpres’ platform as well as debt consolidation loans and consumer financing via retail stores and gift voucher solutions via shopping centres and city associations.

    About Nykredit

    Nykredit Realkredit A/S (“Nykredit”) is a public limited company incorporated under the laws of Denmark, company reg. (CVR) no. 12 71 92 80, having its registered office at Sundkrogsgade 25, 2150 Nordhavn, Denmark. Nykredit is a mortgage credit institution and, together with its wholly-owned subsidiary Totalkredit A/S, is a market leader of the Danish mortgage credit market with a market share of some 45.2 per cent. Nykredit offers mortgage financing for private individuals and businesses.

    Nykredit is part of the Nykredit Group, which historically dates back to 1851. In addition to carrying on mortgage credit business, the Group carries on banking business through Nykredit Bank – including banking and wealth management operations – and has a total of around 4,000 employees in Denmark.

    Nykredit is owned by an association of the Nykredit Group’s customers, Forenet Kredit. Forenet Kredit owns close to 80 per cent of Nykredit’s shares. Other major shareholders are five Danish pension funds: Akademikernes Pension AP Pension, PensionDanmark, PFA and PKA.

    Nykredit is known for the advantages offered through the association. Forenet Kredit makes capital contributions to the Nykredit Group when times are good, and Nykredit has decided to pass these on to its customers.

    Since, 2017, Forenet Kredit has paid over DKK 8 billion in capital contributions to the Nykredit Group, and in the period to 2027, Forenet Kredit has provided a further DKK 7 billion.

    Questions and further information

    Any questions concerning the Offer may be directed to:

    Nykredit Bank A/S

    Company reg. (CVR) no.: 10 51 96 08

    Sundkrogsgade 25

    2150 Nordhavn
    Denmark

    Telephone: +45 7010 9000

    and

    Carnegie Investment Bank

    Filial af Carnegie Investment Bank AB (publ), Sverige

    Company reg. (CVR) no. 35 52 12 67

    Overgaden Neden Vandet 9B

    1414 Copenhagen K
    Denmark

    E-mail: annette.hansen@carnegie.dk

    For further information about the Offer, please see: https://www.nykredit.com/kobstilbud-spar-nord/.

    This announcement and the Offer Document (with supplements) are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

    This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document (with supplements) approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

    Restricted jurisdictions

    The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

    Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

    Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this announcement, the Supplement, the Offer Document or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the laws of such jurisdiction, including securities laws. It is the responsibility of all Persons obtaining this announcement, the Supplement, the Offer Document, earlier supplements, an acceptance form and/or other documents relating to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

    Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this announcement, the Supplement or the Offer Document to shareholders outside Denmark, the United States and the United Kingdom is consistent with applicable law in any jurisdiction other than Denmark, the United States and the United Kingdom.

    Important Information for Shareholders in the United States

    The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

    The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

    Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

    In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

    In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

    It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

    The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

    NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.

    1 Executive Order no. 636 of 15 May 2020

    Attachments

    The MIL Network –

  • MIL-OSI: Bharti Airtel and Nokia expand core network collaboration to speed-up new 5G service delivery

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Bharti Airtel and Nokia expand core network collaboration to speed-up new 5G service delivery

    2 April 2025
    Espoo, Finland – Nokia and Bharti Airtel are expanding their partnership with the deployment of Nokia’s Packet Core appliance-based and Fixed Wireless Access solutions for providing a better network experience for Airtel’s growing 4G/5G customer base. The solution will help seamlessly integrate 5G and 4G technologies into a single set of servers. Nokia’s FWA will provide additional capacities for home broadband and enterprise-critical application services. Airtel will use Nokia’s automation framework to realise zero-touch service launch and efficient lifecycle management for core network functions to enhance its ability to deliver new services faster while reducing network operational costs.

    Using Nokia’s converged Packet Core solution for 5G standalone (SA) readiness, Airtel will continue its evolution toward advanced 5G and simplify its network architecture to meet the ever growing need of data while reducing network operational costs. This will help Airtel optimise its hardware footprint and reduce its cost per bit by utilising appliance-based Packet Core gateways, while maintaining the rest of the network elements in a cloud-native architecture.

    The rollout covers network automation in a multi-year deal that spans the majority of Airtel service regions across the country. The collaboration entails advancing autonomous networks by utilising GenAI for service orchestration and assurance.

    “Nokia’s innovative Packet Core deployment architecture enables critical changes to our network quality and reliability for meeting the fast-rising growth in customer data requirements. This rollout further demonstrates our longstanding success in jointly collaborating to strengthen the overall Airtel customer experience,” said Randeep Sekhon, CTO of Airtel.

    “Nokia and Airtel have a long-standing partnership and we are pleased to bolster its 5G SA readiness. Airtel’s use of Nokia’s Packet Core to build greater network agility and reliability demonstrates how we are both helping customers solve problems and furthering Nokia’s leadership position in the Core space, in India and around the world,” said Raghav Sahgal, President of Cloud and Network Services at Nokia.

    Nokia’s solution provides a pre-integrated and modular server-based configuration for increased flexibility to support a wider range of business and operational deployment models. This allows Airtel to better target new customers and create new revenue streams.

    Nokia’s Packet Core solution for Fixed Wireless Access enables additional capacity for home broadband and enterprise-critical application services for the delivery of extreme bandwidth and capacity to customers.

    Nokia has an expansive core footprint in Bharti Airtel’s network and already provides several other core technologies including VoLTE (Voice over LTE), HSS (Home Subscriber Server), HLR (Home Location Register), UDM (Unified Data Management) and VoNR (Voice over New Radio), along with MANO (automated Management & Orchestration).

    About Nokia 
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. 

    About Bharti Airtel Limited
    Headquartered in India, Airtel is a global communications solutions provider with over 550 million customers in 15 countries across India and Africa. The company also has its presence in Bangladesh and Sri Lanka though its associate entities. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India’s largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel’s retail portfolio includes high-speed 4G/5G mobile broadband, Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data centre services, cyber security, IoT, Ad Tech and cloud based communication. Within our diversified portfolio, we offer passive infrastructure services through our subsidiary Indus Tower Ltd. For more details visit www.airtel.com

    Media inquiries 
    Nokia Press Office 
    Email: Press.Services@nokia.com  

    Follow us on social media 
    LinkedIn X Instagram Facebook YouTube 

    The MIL Network –

  • MIL-OSI: CREDIT AGRICOLE SA: The European Central Bank authorizes Credit Agricole S.A. to increase Banco BPM stake to 19.9%

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Montrouge, April 2nd , 2025

    The European Central Bank authorizes Credit Agricole S.A.
    to increase Banco BPM stake to 19.9%

    Further to the press release of December 6, 2024, Crédit Agricole S.A. informs that:

    • On April 1st, the European Central Bank authorized Crédit Agricole S.A. – under the qualifying holding regime – to cross the 10% threshold in the share capital of Banco BPM S.p.A. (“Banco BPM”) and, therefore, to hold a stake up to 19.9%.
    • During Q4-24 and Q1-25, Crédit Agricole S.A entered into additional instruments relating to Banco BPM shares and has now a position through derivatives reaching 9.9% of Banco BPM’s share capital.
    • Crédit Agricole S.A intends to exercise its right to physical delivery of all Banco BPM shares underlying the position of derivatives1; as a result, Crédit Agricole S.A will hold 19.8% of Banco BPM’s share capital.

    As stated in the press release of December 6, 2024, the increase of its stake is consistent with Crédit Agricole’s strategy as a long-term investor and partner of Banco BPM.

    Crédit Agricole S.A. does not intend to launch a public offer for the capital of Banco BPM.

    Consequently,

    • In Q1 2025, the increased position in derivatives relating to Banco BPM’s share capital has a limited impact on Crédit Agricole S.A CET1 ratio.
    • In Q2 2025, the CET1 ratio of Crédit Agricole S.A will be impacted by c.-20 bps, resulting both from the increased stake in Banco BPM and from the impact linked to the crossing of the exemption threshold applicable to the deduction of significant equity investments in the financial sector.

    CRÉDIT AGRICOLE INVESTOR RELATIONS 

    Cécile Mouton  + 33 1 57 72 86 79  cecile.mouton@credit-agricole-sa.fr
    Institutional Shareholders  + 33 1 43 23 04 31  investor.relations@credit-agricole-sa.fr 
    Individual Shareholders  + 33 8 00 00 07 77  relation@actionnaires.credit-agricole.com 
         

    CRÉDIT AGRICOLE S.A. PRESS CONTACTS 

    1 Once it receives the last needed authorization from Bank of Italy.

    Attachment

    The MIL Network –

  • MIL-OSI Russia: What courses and workshops will NKO Lab experts conduct in April

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The educational project “NPO Lab” invites employees of non-profit organizations (NPOs) to learn how to work with electronic reporting, collect and analyze social media data, and apply digital technologies. In April, meetings with specialists from the Ministry of Justice of the Russian Federation and experts in the field of marketing and the use of artificial intelligence were prepared for them. Students will be able to attend face-to-face classes and webinars, and then apply the knowledge they have gained in practice.

    Employees of non-profit organizations will be able to join the training: managers, accountants and PR and promotion specialists. The events are free. Pre-registration is required.

    The first lesson of the month will be devoted to the work of the new site Ministry of Justice of Russia. At the workshop, which will be held on April 3 from 14:00 to 16:15, specialists from this department will meet with the audience. Participants will receive detailed instructions on filling out reporting forms, which have been transferred to electronic format since this year. They will also analyze typical errors that may occur when preparing documents. The workshop will be held in the NPO coworking center in the Northern Administrative District at the address: Petrozavodskaya Street, Building 18, Building 1. You can register at this link.

    Two of the project’s classes will be devoted to the development of NPO Telegram channels. At the webinar, which will take place on April 7 at 16:00, listeners will learn how to collect and analyze data from social networks and track the sources of new subscribers. Registration — by link. At the in-person meeting, which will take place on April 17 at 16:00, participants will be told about ways to promote their Telegram channels. The class will be held in the coworking center of the NPO South-West Administrative District at the address: Vinokurova Street, Building 2. You can register by link.

    On April 8, the advanced training course “AI in the Service of NGOs” will begin. It will consist of five in-person classes devoted to working with artificial intelligence and the use of digital technologies. The meetings will tell you how to correctly compose requests, use various applications and online services, analyze data and compose grant applications. The training will take place on weekdays at the educational center at the address: Pleteshkovsky Lane, Building 19. Upon completion of the course, participants will receive a certificate of the established form. Registration — by link.

    The educational project “NPO Lab” began its work in 2016. It includes webinars, master classes, advanced training courses, intensive courses and consultations, which are conducted for employees of non-profit organizations. The full schedule and description of all the project’s events can be found on the Internet portal of the NPO coworking center network in the section “Education”.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/152072073/

    MIL OSI Russia News –

  • MIL-OSI USA: SPC Tornado Watch 93

    Source: US National Oceanic and Atmospheric Administration

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

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Tornado Watch Number 93
    NWS Storm Prediction Center Norman OK
    1150 PM CDT Tue Apr 1 2025

    The NWS Storm Prediction Center has issued a

    * Tornado Watch for portions of
    Southeast Kansas

    * Effective this Tuesday night and Wednesday morning from 1150 PM
    until 700 AM CDT.

    * Primary threats include…
    A few tornadoes likely with a couple intense tornadoes possible
    Widespread large hail and scattered very large hail events to
    2.5 inches in diameter likely
    Scattered damaging winds likely with isolated significant gusts
    to 80 mph possible

    SUMMARY…A line of thunderstorms is expected to continue eastward
    into southeast KS over the next several hours. Increasing low-level
    moisture and strong low-level wind fields will support a threat for
    tornadoes within this line.

    The tornado watch area is approximately along and 75 statute miles
    east and west of a line from 55 miles southeast of Wichita KS to 40
    miles north northeast of Emporia KS. For a complete depiction of the
    watch see the associated watch outline update (WOUS64 KWNS WOU3).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

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

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 91…WW 92…

    AVIATION…Tornadoes and a few severe thunderstorms with hail
    surface and aloft to 2.5 inches. Extreme turbulence and surface wind
    gusts to 70 knots. A few cumulonimbi with maximum tops to 500. Mean
    storm motion vector 24035.

    …Mosier

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW3
    WW 93 TORNADO KS 020450Z – 021200Z
    AXIS..75 STATUTE MILES EAST AND WEST OF LINE..
    55SE ICT/WICHITA KS/ – 40NNE EMP/EMPORIA KS/
    ..AVIATION COORDS.. 65NM E/W /57SE ICT – 60WSW MCI/
    HAIL SURFACE AND ALOFT..2.5 INCHES. WIND GUSTS..70 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 24035.

    LAT…LON 37089809 38869729 38869450 37089536

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

    Watch 93 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Mod (60%)

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

    Mod (40%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Mod (50%)

    Hail

    Probability of 10 or more severe hail events

    High (80%)

    Probability of 1 or more hailstones > 2 inches

    High (80%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (>95%)

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

    MIL OSI USA News –