Category: Technology

  • MIL-OSI: Bitget Launchpool to List Chainbase (C) with 2.75M in Token Rewards

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 12, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange, and Web3 company has announced the listing of Chainbase (C) in the Innovation and AI Zone, for spot trading. Besides being available for spot trading, Bitget will launch an exclusive Launchpool rewards campaign with up to 2,750,000 C up for grabs. Chainbase is an omnichain data network.

    Spot trading for Chainbase (C) will begin on 14 July 2025 at 12:00 (UTC) under the C/USDT trading pair. Withdrawals will be available starting 15 July 2025 at 13:00 (UTC).

    To celebrate the listing, Bitget will launch a Launchpool campaign offering 2,750,000 C in total rewards. Eligible users can participate by locking either BGB or C tokens during the event, which runs from 14 July 2025 at 12:00 to 16 July 2025 at 12:00 (UTC). In the BGB pool, users can lock between 5 and 50,000 BGB, with maximum limits determined by their VIP tier, for a chance to earn a share of 2,500,000 C. In the C pool, participants can lock between 30 and 2,778,000 C to receive a portion of 250,000 C in rewards.

    Chainbase is building a decentralized interoperability layer to streamline how blockchain data is accessed and used across multiple chains. At the heart of its vision is the development of the “Crypto World Model”, an AI-powered system designed to unify on-chain and off-chain data into a single, usable layer. This model acts as a bridge, allowing developers and applications to pull standardized, real-time data from across the crypto ecosystem without needing to manage fragmented sources or infrastructure complexity.

    By delivering a consistent and intelligent data experience, Chainbase enables a wide range of use cases—from DeFi analytics and smart contract automation to decentralized social platforms and advanced AI systems. Its omnichain network and Crypto World Model are designed to translate raw blockchain activity into structured insights, laying the foundation for a smarter, more connected Web3.

    Bitget continues to solidify its role as a top-tier cryptocurrency exchange, offering over 800 listed tokens across spot and derivatives markets. The addition of BOOM to Launchpool aligns with Bitget’s ongoing effort to support innovative projects whose value continues to evolve the ecosystem.

    Find more details on Chainbase, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | TwitterTelegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4536f5f-1e3d-4a0f-8931-e63653cf4649

    The MIL Network

  • MIL-OSI USA: Congressman Johnson Leads Letter Questioning USPTO’s Decision Not To Open ATL Southeast

    Source: United States House of Representatives – Representative Hank Johnson (GA-04)

    Bipartisan, Bicameral Letter Questions Wisdom of Bypassing Opportunity To Open US Patent & Trademark Office (USPTO) Southeast Regional Outreach Office (SEROO) in Atlanta

    WASHINGTON, D.C. – Congressman Hank Johnson (GA-04), Ranking Member of the Judiciary Subcommittee that oversees the U.S. Patent & Trademark Office, this week led a letter to Coke Morgan Stewart, acting director of the U.S. Patent and Trademark Office, to inquire as to why her office no longer plans to launch the Southeast Regional Outreach Office (SEROO) in Atlanta, Georgia, and will instead open it at the USPTO’s Alexandria, Virginia, headquarters.

    The letter was cosigned by Georgia U.S. Senators Jon Ossoff and Raphael Warnock, and Congressman David Scott (GA-13), Congresswoman Lucy McBath (GA-06), and Congressman Rich McCormick (GA-07).

    The members request answers to their questions about the change by July 9.

    The letter states that at the time when Atlanta was chosen — after a lengthy and protracted process — to be the Southeast office that “the USPTO’s press release announcing the Atlanta office, the city’s “growing and diverse economy,” coupled with the resources available to its large number of startups and innovators “made it a top location for the Southeast Regional Office.” Atlanta, according to the USPTO, “has an active and highly ranked research development community with five Tier 1 research universities, one of the top-tier Veterans Administration research hospitals in the nation, and the Centers for Disease Control.”

    As far as Congressman Johnson is concerned none of that has changed.

    “The entire point of the Unleashing American Innovators Act was to increase participation in the patent system by women, people of color, military veterans, individual inventors, and other groups that are underrepresented in the system,” said Ranking Member Johnson. “Atlanta was rightfully chosen to be that hub because of our vibrancy, innovation and top-notch research institutions. Patents and trademarks are critical elements in creating job growth and jobs and careers of the future. I sincerely hope that the USPTO reconsiders this terrible mistake.”

    To read the letter, click HERE.

    Full letter below

    June 24, 2025
    Coke Morgan Stewart
    Acting Director of the U.S. Patent and Trademark Office
    P.O. Box 1450
    Alexandria, VA 22313-1450

    Dear Acting Director Stewart,

    On Friday, June 6th, 2025, the US Patent and Trademark Office (USPTO) announced that it no longer plans to launch the Southeast Regional Outreach Office (SEROO) in Atlanta, Georgia, and will instead open it at the USPTO’s Alexandria, Virginia headquarters. We find this decision highly concerning, and we write to request additional information regarding the decision-making process that resulted in this mistake.

    After the success of the four regional offices created in the America Invents Act of 2011, Congress sought to add offices around the country to improve Americans’ access to USPTO services. Republicans and Democrats worked together to pass the Unleashing American Innovators Act (UAIA), which President Biden signed into law on December 29, 2022.

    The legislation required the USPTO establish a Southeast Regional Office within 
    three years of enactment as well as a community outreach office in the northern New England region within five years of enactment, among other provisions designed to bolster USPTO outreach to small and medium-sized businesses across the country.

    Atlanta, Georgia was chosen as the SEROO location after a lengthy process designed to meet the requirements stipulated under the UAIA, namely considering the proposed sites’ 1) number of patent-intensive industries, 2) number of research-intensive institutions, and 3) number of existing government, legal, and business frameworks that support intellectual property-intensive industries.

    As part of this process, the USPTO issued a request for comments seeking public input on potential regional office locations and received more than 200 comments from the general public, USPTO employees, city and state officials and the business community.

    According to the USPTO’s press release announcing the Atlanta office, the city’s “growing and diverse economy,” coupled with the resources available to its large number of startups and innovators “made it a top location for the Southeast Regional Office.”

    Atlanta, according to the USPTO, “has an active and highly ranked research development community with five Tier 1 research universities, one of the top-tier Veterans Administration research hospitals in the nation, and the Center for Disease Control.”

    While Alexandria, Virginia is in the southeast region of the country, Americans living there are already served by the USPTO headquarters. Regional patent offices allow the USPTO to reach Americans where they live and work. This is not disputed. In fact, the USPTO has an established history of supporting regional offices. In its 2024 report the USPTO wrote, “With the establishment of the regional offices, the USPTO has been able to reach a more diverse set of stakeholders at a more local scale.”

    Regional offices, the USPTO continued, allow it to customize in-person educational programming, “including seminars or workshops that educate customers about the patent application process or how to employ IP strategies for entrepreneurs.”

    The USPTO has also acknowledged that regional offices are good for the health of our patent ecosystem. Opening regional offices, it wrote in 2024, “has had a positive impact on employee recruitment, and has led to the onboarding of over 400 patent examiners” since 2012.

    Regional offices created unique detail opportunities that “create benefits for the employee, the agency, and the public.”

    Atlanta was chosen after an intensive process that invited public input. In contrast, the USPTO’s decision to ignore stakeholders and open the SEROO in Alexandria instead was made with no public explanation whatsoever. We therefore request that the USPTO respond to the following questions by July 9, 2025.

    1. Did the USPTO consider the required factors under the UAIA for the establishment of an SEROO? If yes, please describe the process in detail.

    2. What was the involvement of non-USPTO personnel in the decision to open the SEROO at the USPTO headquarters in Alexandria, Virginia?

    3. How does the USTPO plan to engage with the southeast region from Alexandria, Virginia? Please describe the in-person programming planned particularized to the southeast region.

    4. Does the USPTO plan to allow the public to comment on the decision not to open the regional office in Atlanta, as decided in 2023?

    Sincerely,

    Henry C. “Hank” Johnson, Jr. 
    Ranking Member, Subcommittee on Courts, Intellectual Property, Artificial Intelligence, and the Internet | Committee on the Judiciary House of Representatives

    Jon Ossoff, United States Senator

    Raphael Warnock, United States Senator

    David Scott
    Member of Congress

    Lucy McBath
    Member of Congress

    Rich McCormick, MD, MBA
    Member of Congress

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    MIL OSI USA News

  • MIL-OSI USA: RANKING MEMBER HANK JOHNSON’S STATEMENT ON SCOTUS’ NATIONWIDE INJUNCTION RULING

    Source: United States House of Representatives – Representative Hank Johnson (GA-04)

    “Today’s draconian Supreme Court decision effectively ending nationwide injunctions makes it much more difficult for federal courts to protect our constitutional rights from Trump’s authoritarian overreach. This decision replaces the concept of Justice For All with a ‘pay to play’ system that works only for those who can afford to pay a lawyer to fight for their rights in court. I am more committed than ever to working to secure the constitutional rights of every American in this country – not just those who have curried the President’s favor.”

    MIL OSI USA News

  • MIL-OSI USA: What They’re Saying: Michigan Congresswoman Haley Stevens Introduces the ‘Unearth America’s Future Act’

    Source: United States House of Representatives – Congresswoman Haley Stevens (MI-11)

     

    “The ambitious bill is Stevens’ response to growing concern that the United States is overly dependent on China to power manufacturing in key strategic sectors.”

     

    WASHINGTON, D.C. –  This week, Michigan Congresswoman Haley Stevens announced her plan to introduce the Unearth America’s Future Act which would remake America’s mineral supply chain to lower prices, create jobs, and stop dependence on China.

    Congresswoman Stevens formally introduced the bill today.

    Here’s what Michiganders are hearing about this bill:

    Detroit News: With China dominating, Stevens bill seeks CHIPS-like federal effort on critical minerals
    By: Grant Schwab

    Democratic U.S. Rep. Haley Stevens will introduce a bill this week urging the federal government to play a more active role in reducing U.S. reliance on China for critical minerals.

    “This bill is about real results. It will lower costs and create jobs by bringing mineral production back home, supporting Michigan workers, and keeping our supply chains strong,” the Birmingham congresswoman and U.S. Senate candidate said.

    The package — called the Unearth America’s Future Act — would direct tens of billions of dollars in federal loans, tax credits and other funds into the next decade for initiatives to boost mining and refining of essential materials for the automotive, defense, health care and telecommunications industries.

    The ambitious bill is Stevens’ response to growing concern that the United States is overly dependent on China to power manufacturing in key strategic sectors. Those concerns only grew stronger after the Far East nation created a potentially “dire” situation for Michigan’s auto sector with export controls issued in response to President Donald Trump’s trade policies.

    “Donald Trump has pushed an agenda that puts our economy and national security at risk. They talk tough and make headlines but their policies have only caused prices to rise, weakened our manufacturing industries, and left America more dependent on China,” Stevens said in an emailed statement.

    The fourth-term lawmaker’s package is structured similarly to the CHIPS and Science Act, a signature legislative achievement of former President Joe Biden.

    Politico’s E&E News: Dems prepare bill to provide $10B for critical materials
    By: Hannah Northey

    House Democrats are planning to unveil legislation this week that would set aside more than $10 billion for critical material projects to counter China’s dominance.

    Reps. Haley Stevens of Michigan and Jim Clyburn of South Carolina say the proposal would rival any trade deal President Donald Trump reaches with Beijing because it would restore U.S. supply chains faster.

    The language, according to Stevens’ and Clyburn’s aides, is structured similarly to the CHIPS and Science Act, which former President Joe Biden signed into law in 2022.

    Michigan Advance: Stevens intros bill for critical materials to counter China
    By: Ben Solis

    U.S. Rep. Haley Stevens (D-Birmingham) is working with her congressional colleagues to introduce legislation that will seek to counter China’s stranglehold on critical materials and set aside $10 billion to make it happen.

    Unveiled Tuesday, the Unearth America’s Future Act was described as a means to lower costs, create jobs and ensure Michigan workers and manufacturers are leading the way in critical mineral production.

    At present, the U.S. and many other nations are dependent on China for these materials, including cobalt, lithium and magnesium, which are needed in the manufacture of many high tech electronics. Stevens’ bill aims to fix that by putting money toward responsible domestic mineral production. The legislation would also support partnerships between government and private industry, with investments in innovation that would keep jobs in Michigan.

    “Donald Trump has pushed an agenda that puts our economy and national security at risk,” Stevens said in a statement. “They talk tough and make headlines but their policies have only caused prices to rise, weakened our manufacturing industries, and left America more dependent on China. This bill is about real results.”

    WEMU: Rep. Stevens tries to boost American mineral production efforts
    By: Colin Jackson

    “The industry for materials key to American manufacturing could receive extra government support under proposed legislation from a Michigan congresswoman.”

    “The bill is named the “Unearth America’s Future Act.” It would create new federal loans, tax credits, and programs to spur the domestic production and refining of critical minerals like copper, magnesium, and aluminum.”

    “The policy proposal is a response to concerns about China’s dominance in the market for precious metals, especially those used in goods like smartphones or vehicle batteries.”

    “Stevens said that makes both the country’s and Michigan’s current situations untenable.”

    “Leaving Michigan’s entire manufacturing base on the hook for materials coming from minerals that are refined in China, that’s a risk. And that’s not working,” she said.

    WDET – Detroit, MI 

    “Democratic representative Haley Stevens says her bill takes a different approach. ‘What this bill is, is focused on public-private partnerships, supply chain opportunities, as well as recyclability, which is something that’s getting a lot of traction in the critical material space right now.’

    Michigan Public Radio – Detroit, MI 

    “Democratic Representative Haley Stevens calls her bill a comprehensive plan. ‘This will increase our resilience here in the United States of America, but it will also increase our domestic production capabilities, which means lowering costs, lowering costs, lowering costs. We need to lower costs, and that’s what this bill is going to be about as well and job creation.’

    WJR-Detroit, MI

    “It’s not acceptable to have this reliance on China, and so I put forward legislation.”

    “This bill will actually lower costs, get us jobs and end up paying for itself.”

    “We all know that this current administration is eager to cut deals with other countries. I’m eager to cut deals for Michigan. I am eager to put proof in the pudding and put forward real industrial policy that will deliver for our state.”

    Here’s what stakeholders are saying about the bill:

    David McCall, President of United Steelworkers International: 
    “Erasing the People’s Republic of China’s global lead in critical minerals will require a balance of domestic and international efforts. The USW applauds Rep. Stevens’ work to develop domestic mining and manufacturing jobs while ensuring export financing supports projects that respect strong labor rights and maintain strict air and water quality standards.”  

    John Bozzella, President and CEO of the Alliance for Automotive Innovation:
    “A healthy and competitive auto industry in America supports our economic and national security. Representative Stevens’ Unearth America’s Future Act makes good sense on multiple fronts: it’s a policy to secure critical material supply chains that bypass China and are essential for national defense; it will further modernize our domestic industrial base; and will support American manufacturing, innovation and auto industry jobs.”

    Will Brown, Vice President of Government Relations & International Programs of the Aluminum Association:
    “This legislation is a significant step toward producing, collecting and securing more critical materials like aluminum in the United States. As one of only 11 mineral commodities included on the Department of Defense and all other government critical materials lists, aluminum is essential to modern life – in everything from cars, cans and smartphones to tanks and fighter jets. Congresswoman Stevens’ bill is a downpayment on American jobs, innovation and supply chain resilience.”

    Sarah Venuto, Executive Director of the American Critical Minerals Association:
    “The Unearth America’s Future Act recognizes the need for comprehensive legislative solutions aimed at catalyzing the growth of the U.S. domestic critical materials sector. China continues to demonstrate its persistent willingness to take any and all steps to maintain its monopoly over the global supply of critical materials. The U.S. must play a leading role in the diversification of these markets in order to ensure our economy is insulated from increased costs to consumers, delayed timelines for essential goods and services, and national security risks associated with our dependence on other nations for materials key to our defense sector. We applaud Representative Stevens for her continued leadership on the imperative nature of addressing these risks comprehensively and aggressively, and for continuing this important policy conversation. ACMA looks forward to working with Representative Stevens and Congress as this legislation is debated and considered.”

    Orit Frankel, CEO of the American Leadership Initiative: 
    “Congresswoman Stevens’s bill is a critical step to strengthening America’s national and economic security, while reducing our dependence on China’s critical mineral supply which China has withheld as leverage in the bilateral relationship.”

    Dinah McLeod, Director General of the Cobalt Institute:
    “Ensuring critical mineral projects have access to affordable finance often becomes a missing piece of the policy puzzle. Rep. Stevens’ Bill takes important steps to close the gap and get America growing its critical minerals capacity.”

    Alice Wu, Critical Minerals and Energy Supply Chains Policy Manager at the Federation of American Scientists: 
    “Geographic concentration in critical minerals supply chains puts American national security and our economy at risk. That risk has been made clear with recent trade disruptions such as the PRC’s changes to rare earth export license requirements. The Loan Program established by the Unearth America’s Future Act would reinvigorate investment in diversifying and onshoring critical minerals supply chains, while the public-private partnership would provide a flexible set of tools for the federal government to work with industry in mitigating project risks and supporting market stability.”

    Patrick Donnelly, Chief Commercial Officer of Anovion Technologies: 
    “Anovion Technologies considers this bill a vital step in strengthening the domestic battery materials industry. Synthetic graphite, which can account for up to 30% of the weight of a typical lithium-ion battery, is currently sourced almost entirely from China. Reducing reliance on China for this critical material is essential to securing the nation’s energy infrastructure, supporting the Department of Defense, and advancing the automotive sector.”

    Scott Monteith, CEO of Avalon Advanced Materials: 
    “The proposed legislation is a needed blueprint for how the United States government, in partnership with allies can spur economic growth and an innovation economy for the future. Avalon welcomes the bold initiative and looks forward to helping accelerate North American energy security.” 

    Matt Bedingfield, President of Mint Innovation:
    “Mint Innovation is a pioneering clean technology company that has developed a biotechnology to recover critical minerals from electronic waste. The Unearth America’s Future Act is a significant move forward for U.S. national security, bolstering domestic critical mineral production. The Unearth America’s Future Act’s definition of ‘Critical Minerals Manufacturing’ expands to the secondary market including recycled metals, improving mineral supply where traditional mining production will not meet growing demand. Additionally, greater access to funding by way of grants, loans, and research & development will support the growth of domestic critical minerals production across the entire supply chain. This will create new jobs for U.S. citizens, and improve the national and economic strength of the United States.”

    Teague Egan, CEO of EnergyX: 
    “This legislation is a pivotal step toward securing America’s leadership in the global critical materials market.  By aligning federal incentives, innovation, and workforce development, it positions the U.S. to lead globally while driving sustainable growth and industrial resilience at home.”

    Adam Handley, Executive Chair of Northern Minerals:
    “Ensuring access to critical minerals through strategic collaboration with allied nations and partners is vital to reducing reliance on single-source supply chains. We commend Rep. Stevens and the introduction of the Unearth America’s Future Act for rightly emphasizing the need for deeper international cooperation to build secure, resilient supply chains, and look forward to supporting its progress through Congress.” 

    MIL OSI USA News

  • MIL-OSI USA: Reps. Foster, Casten Lead Roundtable at Northern Illinois Food Bank to Discuss GOP SNAP Cuts Threatening 360,000 Illinoisans

    Source: United States House of Representatives – Congressman Bill Foster (11th District of Illinois)

    **PHOTOS AND VIDEOS AVAILABLE**

    Photos and videos can be viewed here.

    Geneva, IL – Today, Reps. Bill Foster (D-IL-11) and Sean Casten (D-IL-06) led a discussion at Northern Illinois Food Bank in response to the GOP budget, signed into law last week, which includes nearly $200 billion in cuts to the Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps. 

    In Illinois, 1.8 million individuals rely on SNAP benefits annually. This bill changes eligibility requirements, putting an estimated 360,000 Illinoisans at risk of losing SNAP benefits.

    Reps. Foster and Casten, Northern Illinois Food Bank President and CEO Julie Yurko, DuPage County Board member Greg Schwarze, Kane County Board member Jarett Sanchez, local food pantry partners, and neighbors who rely on food assistance came together to discuss how this legislation will impact Illinoisans struggling to make ends meet and the hunger relief programs that provide essential food support.

    “I watched in disgust as Republicans celebrated passing a budget that puts 42 million Americans at risk of losing their food assistance or seeing it reduced,” said Rep. Foster. “With costs for everyday essentials surging under President Trump, these cuts threaten to push even more Illinoisans into food insecurity. In Congress, I will continue working to ensure the Northern Illinois Food Bank and local pantries have the resources and support they need to feed our neighbors.”

    “Hundreds of thousands of Illinoisans will go hungry because Donald Trump and Congressional Republicans cut food assistance programs in order to give their billionaire friends a tax cut,” said Rep. Casten. “Organizations like the Northern Illinois Food Bank and other local food pantries have played a vital role in our community. We owe it to the folks they serve to keep up the fight and ensure they have what they need to continue their work.”

    “While we are disappointed by the funding cuts to SNAP, we remain firmly committed to supporting our neighbors and network partners. Together, we will continue to advocate for lasting solutions that address the root causes of hunger and ensure every neighbor in Northern Illinois has access to the nutritious food they need to thrive,” said Julie Yurko, President and CEO of Northern Illinois Food Bank.

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    MIL OSI USA News

  • MIL-OSI USA: Davids Discusses Fentanyl Epidemic with Local Health Care Workers

    Source: United States House of Representatives – Congresswoman Sharice Davids (KS-3)

    OVERLAND PARK, KS – Today, Representative Sharice Davids joined local health care workers and law enforcement officials for another summit regarding the growing threat of fentanyl, the number one cause of overdose deaths in the United States. The group discussed the challenges health care workers face when caring for fentanyl-related overdose patients and how Davids can better support their work in Congress.

    “The fentanyl crisis is a public health emergency — both here in Kansas and across the country — and our health care workers and first responders are on the front lines every day saving lives,” said Davids. “Thanks in part to their tireless efforts, we’re finally starting to see a decline in overdose deaths. But even one life lost is one too many. Today’s conversation was eye-opening and reaffirmed my commitment to listening, learning, and fighting for the tools Kansans need to stay safe.”

    Rep. Sharice Davids speaking on the fentanyl crisis at St. Luke’s Hospital

    Fentanyl, a synthetic opioid up to 100 times stronger than morphine, is increasingly found in fake prescription pills such as Vicodin, OxyContin, or Adderall. Overdose deaths dropped by 24 percent from September 2023 to September 2024. Davids is working to build on this momentum and remains committed to protecting Kansans’ health through continued action in Congress.

    Davids, a member of the bipartisan Fentanyl Prevention Caucus, has collaborated with Midwest HIDTA, a regional office working to reduce illicit drug availability, on multiple fentanyl summits with health care workers, education professionals, and law enforcement officers. She has also taken several legislative actions based on the specific needs of the Kansas Third District, including:

    • Joining a bipartisan group of lawmakers to request funding for new handheld mass spectrometry trace-level chemical detection devices at domestic ports.
    • Urging the FDA to take up expert recommendations and make Narcan, a common naloxone nasal spray, available without a prescription — which they did earlier this year.
    • Securing a nearly $16 million grant to help law enforcement seize illicit drugs like fentanyl, reduce violent crime associated with drug trafficking, and improve data collection.
    • Voting to permanently place all fentanyl-related substances into a Schedule I class, labeling the drug with a high potential for abuse and no currently accepted medical value.
    • Helping pass a bipartisan bill to create a public awareness campaign about synthetic opioids. This came after meeting with Libby Davis, a Johnson County resident whose son passed away after taking a counterfeit pill that was unknowingly laced with fentanyl.
    • Pushing for expanded federal grant opportunities, so law enforcement and Emergency Medical Technicians (EMT) can easily acquire life-saving naloxone kits.
    • Visiting the Port of Long Beach to see how the port uses state-of-the-art technologies to prevent harmful substances — like fentanyl — from entering the country illegally.

    Summit attendees included health care and public health representatives from AdventHealth, Children’s Mercy Kansas City, Elizabeth Layton Center, Franklin County Public Health, Johnson County Emergency Medical Services (MED-ACT), Johnson County Mental Health, Kansas City Kansas Fire Department, Kansas City Kansas Police Department, Miami County Health Department, Midwest High Intensity Drug Trafficking Areas Program (HIDTA), Saint Luke’s Health System, The University of Kansas Health System, and Wyandotte County Health Department.

    Community members looking to learn more about how to keep their families safe can visit the U.S. Drug Enforcement Administration’s Kansas City-focused website. Resources and prevention services for individuals, families, schools, and others are available.

    What they’re saying:

    “In Miami County, we are working closely with local partners through our mental health initiative to address substance use and overdose prevention in a comprehensive, community-driven way,” said Christena Beer, Public Health Director, Miami County. “We are utilizing opioid settlement funds to support allowable abatement strategies focused on coordinated care, early intervention, and public health education. These efforts are critical in reducing the harms of fentanyl and supporting long-term recovery across the communities we serve.”

    “From distributing naloxone to raising awareness through the You Never Know campaign, the Johnson County Prevention and Recovery Coalition has played a critical role in our community’s fight against the fentanyl crisis,” said Tim DeWeese, Director, Johnson County Mental Health Center. “Their work is a powerful example of the impact a coordinated response can have on efforts to save lives. We look forward to continuing to work with Rep. Davids and all our partners to reduce overdose and poisoning deaths in Johnson County and Kansas.”

    “As caregivers, our fundamental responsibility is the wellbeing of our patients and the larger community,” said Dr. Jennifer Elliott, chair of Saint Luke’s Opioid Stewardship Program and medical director of Saint Luke’s Pain Management Clinic. “Through Saint Luke’s Opioid Stewardship Program, we provide needed resources and education and have implemented measures to ensure we are good stewards of these prescriptions. We are committed to continue raising awareness on this important issue and working together on a solution with Rep. Davids and others in our community.”

    “Emergency Medical Services witnesses firsthand the devastating impact of the opioid crisis on our communities,” said Adiel Garcia, Division Chief – Education & Integrated Healthcare, Johnson County Department of Emergency Services. “Johnson County MED-ACT is responding with evidence-based care, including expanded use of naloxone, proactive community outreach, and partnerships with treatment providers. We are committed not just to saving lives in the moment, but to being part of a long-term solution that connects patients to the help they need through follow-ups, referrals, and wrap around services.”

    “Representative Davids’ commitment to combating the fentanyl crisis and protecting our communities is deeply appreciated by the entire law enforcement community,” said Daniel W. Neill, Executive Director, Midwest HIDTA. “Her strong support for the Midwest High Intensity Drug Trafficking Area in Kansas ensures that state, local, tribal, and federal agencies can continue working together to save lives, dismantle drug trafficking organizations, and disrupt the flow of fentanyl into our region. Her advocacy for sustained HIDTA funding reflects a clear understanding that collaboration — not fragmentation — is the key to turning the tide against this epidemic.”

    “The Kansas City Kansas Fire Department is very pleased that Representative Sharice Davids is keeping all public safety agencies focused on continuing the fight against the illegal distribution and use of fentanyl,” said Dennis L. Rubin, Fire Chief, Kansas City Kansas Fire Department. “The misuse of fentanyl usually comes with a heavy price tag. The KCKFD Fire Department responds to emergency calls for help involving this powerful drug almost daily. More often than not, the person or people in trouble are the youth of this community. The KCKFD is proud to work alongside of the Congress Member Davids to work toward eradicating this emerging community crisis.”

    “I’m always saying anything is everything,” said Keatherann Sharp, Community Health Outreach Director, Wyandotte County Health Department. When you are helping a person, they remember the smallest thing and when it comes to a person in active use, they remember everything. So, a simple smile can be the turning point for them.”

    MIL OSI USA News

  • MIL-OSI USA:  Amo Led Discussion with Rhode Island Manufacturers Struggling because of Trump’s Erratic Trade Policy

    Source: US Congressman Gabe Amo (Rhode Island 1st District)

    85% of Rhode Island manufacturers say Trump’s tariffs are hurting their businesses in a new survey.

    PAWTUCKET, RI –  Monday, June 30th, Congressman Gabe Amo (D-RI) led a roundtable discussion with six small, local manufacturers from across Rhode Island’s First Congressional District about the impacts of Trump’s chaotic tariff policy. Business leaders from LNA Laser Technology (Pawtucket, RI), Katrinkles (Providence, RI), Beehive Handmade (Warren, RI), Ward’s Manufacturing (Warren, RI), and S.K. Grimes (Woonsocket, RI) voiced fears that Trump’s sweeping, chaotic tariffs would irreparably harm their companies. The leaders shared they were less likely to hire Rhode Island workers or invest in research and development due to these policies.

    “Rhode Island manufacturers, workers and consumers are paying the price for Trump’s tariff chaos,” said Congressman Gabe Amo (D-RI). “Thank you to the small businesses from across the First Congressional District who shared their stories at last week’s roundtable in Pawtucket. They made crystal clear Trump’s all-encompassing, volatile tariffs are having disastrous consequences on their companies – they can’t hire, invest, or plan for the future. Small businesses and their employees need clear, consistent policy to thrive. Republicans talk a big game about reshoring American manufacturing, but their extreme policies are undermining American job creators. I took these stories back to Washington to keep fighting for a commonsense trade policy that empowers Rhode Island workers and businesses.” 

    “It was an honor to meet with Congressman Amo at last week’s roundtable event, and to experience firsthand how hard he is working on behalf of Rhode Island’s manufacturers,” said Katy Westcott, owner of Katrinkles in Warren, RI. “At Katrinkles, we’re seeing customers now purchasing elsewhere to avoid extra fees, or avoiding ordering from the United States altogether. It was heartening to discuss the impact of tariffs on the industry at large, as well as effective strategies for response, with so many insightful fellow manufacturers.”

    “LNA Laser Technology supplies high quality lasers and systems for part identification and traceability to manufacturing industries across the country,” said Dan Gold, President and CEO of LNA Laser Technology in Pawtucket, RI. “Many components of our systems are sourced from abroad because they are not available domestically. The new tariff policies are driving the costs up significantly of critical components that ultimately gets passed on to the manufacturing end users. This not only impacts our ability to be competitive, it also punishes the US companies who are trying to invest in technology to improve and grow. My goal in talking with Congressman Amo was to share these real consequences and impacts so that he can hopefully work with his colleagues in Congress towards common sense exceptions in tariff policy that will promote investment in domestic manufacturing. If the goal is to help bring back manufacturing industries and jobs to the US, the current administration sweeping tariff policy is having the complete opposite effect.”

    “I’m grateful to Congressman Amo for taking the time to gather us, listen to our concerns, and genuinely engage on the challenges we face,” said Adam Dau, President of S.K. Grimes in Woonsocket, RI. “What struck me during the roundtable was that, despite the wide range of products, materials, and clientele we served, every business at the table was feeling the weight of a tariff system that is inconsistently applied—or in some cases, applied without clear rationale. That uncertainty makes it incredibly difficult to plan for the future or invest in growth. The current system stands in the way of continuing to strengthen Rhode Island’s already strong manufacturing base, and we’re encouraged by the Congressman’s efforts to change that.”

    “The tariffs are hurting American manufacturers at every level of the supply chain. Our material costs are increasing while our manufacturing customers are buying less,” said Kelly Ward, President of Ward’s Manufacturing in Warren, RI. “Businesses cannot make decisions when policies change every day and without warning. Many manufacturers are pausing projects until the federal government comes up with a definitive plan. The uncertainty is hurting the U.S. economy. My metal fabrication company, Ward’s Manufacturing LLC, has experienced a cost increase of up to 4x as a result of the tariffs. We have only two choices – either my company pays the tariff or the consumer pays the tariff. Either way, it’s Americans who pay.”

    “Rhode Island’s small manufacturing ecosystem is strong and vibrant,” said Matt Watson, Center Director of Polaris MEP, Rhode Island’s Manufacturing Extension Program. “We’re grateful to Congressman Amo for highlighting the real impacts these companies are facing and for exploring potential solutions to help ease future headwinds.”
     

    Background

    As Vice Ranking Member of the House Foreign Affairs Committee, Congressman Amo, worked to force a voteto end the ‘so-called’ national emergency Trump is using to justify tariffs. If passed it would end reciprocal tariffs.

    In May 2025, Amo led 30 colleagues, alongside Congressman Greg Casar (D-TX) and Senator Chris Murphy (D-CT), in calling on the Acting Inspector General of the State Department to review potential corruptionin trade negotiations with countries facing tariffs benefiting Elon Musk and Starlink.

    In April 2025, Amo signed an amicus brief in Oregon v. Trump supporting the argument that the Trump Administration abused emergency powers under the International Emergency Economic Powers Act (IEEPA) to unlawfully impose reckless, across-the-board tariffs.

    He also joined Congressman Steve Horsford (D-NV) in April 2025 to express alarm that Trump may be using trade policy to enrich insiders with advanced knowledge of pending trade actions or inactions.

    Amo signed a letter led by Senator Elizabeth Warren (D-MA), Congresswoman Judy Chu (D-CA), and Congresswoman Linda Sanchez (D-CA) in a April 2025 addressed to Secretary Lutnick, Secretary Bessent, and USTR Ambassador Greer expressing concern about the Trump Administration’s tariffs opening the door to corruption.

    In February 2025, Amo joined Congressman Jim Costa (D-CA) in urging Trump to reconsider the proposed 25% tariffson imported building materials from Canada and Mexico. 

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    MIL OSI USA News

  • MIL-OSI USA: Amo and Lofgren Demand Commerce Secretary Lutnick Appear Before Committee to Answer for NWS Staff Shortages

    Source: US Congressman Gabe Amo (Rhode Island 1st District)

    The demand for testimony comes as search and rescue efforts continue in Central Texas after horrifying flooding devastated the area. 

    Washington, DC –  Yesterday, Congressman Gabe Amo (D-RI), Ranking Member of the House Science, Space, and Technology Environment Subcommittee and Science, Space, and Technology Ranking Member, Congresswoman Zoe Lofgren (D-CA) sent a letter to Department of Commerce Secretary Lutnick demanding he testify before the Committee to explain his plan to address staff shortages at the National Weather Service (NWS). The letter comes after the devastating flooding in Central Texas that has since called into question whether the Trump Administration’s mass firing and intimidation of federal employees may have impaired the ability of the NWS to carry out its mission.

    “We write to you to demand your testimony before the Committee on Science, Space, and Technology regarding staff shortages at the National Weather Service (NWS) and your plan to address them,” said the Members in the letter. “The NWS is a critical public safety agency. In addition to its role as the source of everyday weather data for the country, the NWS is charged with forecasting extreme weather events and communicating those forecasts promptly to the public in order to save lives and livelihoods. Americans rely on the NWS every single day to keep us safe. But the NWS is only as strong as its people. And under your leadership, the Department of Commerce (DOC) has overseen an indiscriminate wave of firings, deferred resignations, and early retirements that has thrown the NWS into crisis. The dangers arising from that crisis have been laid bare in the wake of the horrifying, tragic flooding that struck parts of Central Texas on July 4th. While it is too soon to draw definitive conclusions about what happened, it is already clear that this is precisely the type of situation in which the existence of a short-staffed, depleted NWS heightens the risk of tragedy. There will be more such extreme weather events – there always are. You must appear before the Committee immediately and explain to us how you intend to restore the NWS to full strength as quickly as possible so that the agency will be fully prepared to carry out its lifesaving mission when the next disaster strikes.”

    “It will take time to fully understand whether any part of this past weekend’s tragedy in Texas could have been avoided,” the Members continued. “We cannot rush to judgment based on the limited information available to us now. But it is apparent to us, Secretary Lutnick, that your actions to drastically slash staffing at the National Weather Service have increased the broader risks to Americans of extreme weather events by impairing the ability of the NWS to do its job. Simply put, you cut too deep. You refused to listen to the warnings from experts, from Congress, and from the NWS itself. And the flooding in Central Texas illustrates, in the most terrible fashion, the disastrous risks you invite by taking the lifesaving role of the NWS for granted.”

    Access the letter here.

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    MIL OSI USA News

  • MIL-OSI USA: Ranking Members Amo and Stanton Slam Trump’s Staffing Cuts to FEMA and NWS After Tragic Texas Flooding

    Source: US Congressman Gabe Amo (Rhode Island 1st District)

    With 120+ dead and 150+ missing, tragic Texas flooding highlights extreme danger of Trump’s staffing cuts to FEMA and the National Weather Service

    Providence, RI –  Yesterday, Congressman Gabe Amo (D-RI), Ranking Member of the Science, Space, and Technology Committee Subcommittee on Environment and Congressman Greg Stanton (D-AZ), Ranking Member of the Economic Development, Public Buildings and Emergency Management Subcommittee of the House Committee on Transportation and Infrastructure hosted a virtual press conference to highlight the potentially deadly consequences of President Trump’s staffing cuts to the Federal Emergency Management Agency (FEMA) and the National Weather Service (NWS).

    “My thoughts are with the families and survivors of the flash floods in Texas. Despite a lack of support from the Trump administration, National Weather Service staff kept local officials and the public informed throughout the deadly flooding. ” said Ranking Member of the Science, Space, and Technology Subcommittee on the Environment, Gabe Amo (D-RI). “I’ve kept raising the alarm about the costs of cuts to our nation’s weather workforce and our ability to research and respond to climate-fueled weather disasters. Refusing to study extreme weather and purging our scientific workforce isn’t going to stop disasters and help families, it’s just going to undermine our ability to be prepared and save lives.”

    “My heart breaks for the families in Texas who have been devastated by these horrific floods,” said Congressman Greg Stanton (D-AZ). “Extreme weather is only becoming more frequent and more severe, from wildfires to extreme heat in Arizona to flash floods in Texas, the federal government must be fully staffed, fully funded and fully prepared to respond to these disasters. Texans and all Americans deserve a FEMA that is strong, capable and ready on day one, not one deliberately undermined by its own leadership. As we continue to pray for all of those affected, House Democrats will continue to relentlessly demand transparency and accountability for and on behalf of the American people, especially those experiencing unimaginable tragedy.”

    Watch the full press conference here. 

    Background

    On July 4, after heavy rain in the Texas Hill Country, the Guadalupe and other rivers breached their banks causing catastrophic flooding leaving more than 120 dead. 

    Ranking Member Amo and Ranking Member Stanton alongside Science, Space, and Technology Ranking Member Zoe Lofgren (D-CA) and Transportation and Infrastructure Ranking Member Rick Larsen (D-WA) sent a letter to the Federal Emergency Management Administration (FEMA) and the National Oceanographic and Atmospheric Administration (NOAA) seeking answers on federal activity in preparation for and in response to the tragic floods. 

    Amo, Ranking Member Lofgren, and Science, Space, and Technology Oversight Subcommittee Ranking Member Emilia Sykes (D-OH) also sent a letter calling on Secretary of Commerce Howard Lutnick to testify before the Committee about the staffing shortages at the National Weather Service and their potential impact on the Texas flash floods. 

    Amo also joined Homeland Security Subcommittee onEmergency Management And Technology Ranking Member Timothy Kennedy (D-NY) in calling for answers from Acting FEMA Administrator David Richardson and Acting Under Secretary of Commerce for NOAA Laura Grimm about the status of FEMA and the National Weather Service’s preparedness for and response to the disastrous flooding in Texas. 

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    MIL OSI USA News

  • MIL-OSI USA: MATSUI STATEMENT ON THE SUPREME COURT DECISION UPHOLDING THE UNIVERSAL SERVICE FUND

    Source: United States House of Representatives – Congresswoman Doris Matsui (D-CA)

    WASHINGTON, D.C. – Today, Congresswoman Doris Matsui (CA-07), Ranking Member of the House Energy and Commerce Subcommittee on Communications and Technology, released the following statement in response to the U.S. Supreme Court’s decision in FCC v. Consumers’ Research. In a 6-3 decision, the Supreme Court upheld the constitutionality of the Universal Service Fund. 

    “Reliable, high-speed broadband access is no longer a luxury—it’s a fundamental pillar of modern life. The Universal Service Fund has been a savior for millions of Americans, expanding broadband access for our schools, libraries, rural hospitals, and underserved communities across the nation,” said Congresswoman Matsui. “Today, the Supreme Court rightfully upheld the constitutionality of this critical program.”

    “Universal service has been the bedrock of U.S. telecommunications policy for decades. It remains as relevant as ever, with artificial intelligence and other emerging technologies supercharging our reliance on connectivity to spur innovation and improve people’s lives,” Matsui continued. “I am committed to ensuring the Universal Service Fund remains resilient for years to come, and I look forward to working with my colleagues on the bipartisan USF Working Group to ensure this program is sustainable and meeting Americans’ evolving connectivity needs.”

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    MIL OSI USA News

  • MIL-OSI USA: Congressman Crow Leads Bipartisan Bill to Help Servicemembers Suffering from Traumatic Brain Injury

    Source: United States House of Representatives – Congressman Jason Crow (CO-06)

    WASHINGTON – Congressman Jason Crow (D-CO-06), a former Army Ranger, has introduced the Support Modern Approaches in Recovery Technology for Traumatic Brain Injury (SMART for TBI) Act, bipartisan legislation that would improve care for active-duty servicemembers suffering from traumatic brain injury (TBI) by identifying ways that digital technology can be used to better deliver care.

    Due to the rigors of military training and combat, servicemembers are particularly vulnerable to traumatic brain injury. TBI affects brain function, and if left untreated, people have a higher risk of experiencing mental health or substance use problems, as well as an increased risk of suicide. Between 2000 and 2019, more than 400,000 American servicemembers were diagnosed with at least one TBI – and more than 185,000 veterans have been diagnosed with TBI through the VA system. 

    Congressman Crow’s Support Modern Approaches in Recovery Technology for Traumatic Brain Injury (SMART for TBI) Act would require the establishment of a working group to identify ways digital technology can treat our active-duty servicemembers with TBI. Congressman Jeff Crank (R-CO-05) joined Congressman Crow in introducing this bipartisan legislation.

    “As a veteran of Iraq and Afghanistan, caring for our servicemembers is personal to me,” said Congressman Crow. “That’s why I’m introducing a bipartisan bill to identify new ways to treat traumatic brain injury & deliver world-class care for our servicemembers.”

    “I am proud to cosponsor the SMART for TBI. We owe it to our service men and women, along with our veterans, to advance Traumatic Brain Injury treatments. Using Artificial Intelligence and digital health technologies, we can improve outcomes for servicemembers and veterans in training and operational environments,” said Congressman Jeff Crank.

    “Conducting innovative medical research into traumatic brain injuries is crucial for active duty warfighters, veterans, and first responder communities,” noted Vik Bebarta, MD, interim chair of Emergency Medicine and the director of the Center for Combat and Battlefield Research at the University of Colorado Anschutz Medical Campus.  “We are grateful for Congressman Crow and Congressman Crank’s leadership by introducing SMART TBI Act,  ensuring Colorado remains the leader in digital health innovation and TBI treatment.”

    As an Iraq and Afghanistan veteran, ensuring America’s military servicemembers and their families get the appropriate care and resources is a top priority for Congressman Crow. In the 118th Congress, he introduced the Veteran’s Sentinel Act, bipartisan legislation to respond to suicide by US veterans at Department of Veterans’ Affairs (VA) facilities by improving the accuracy of data collection and enhancing congressional oversight. Previously, he introduced the Justice Involved Veterans Support Act and supported the PACT Act, which expands health care to millions of servicemembers exposed to toxic chemicals.

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    MIL OSI USA News

  • MIL-OSI USA: Reps. Khanna, Massie, Introduce Bipartisan War Powers Resolution to Prohibit Involvement in Iran

    Source: United States House of Representatives – Rep Ro Khanna (CA-17)

    Washington, D.C.–– Rep. Ro Khanna (CA-17), the Ranking Member on the House Armed Services Subcommittee on Cyber, Innovative Technologies and Information Systems (CITI), announces that he has introduced a bipartisan War Powers Resolution to prohibit “United States Armed Forces from unauthorized hostilities in the Islamic Republic of Iran.” War Powers Resolutions are privileged in the House of Representatives and can be called up for debate and a floor vote after 15 calendar days without action in committee.                                                                                                                                                       

    Rep. Khanna joins Rep. Massie as co-lead of the Iran War Powers Resolution. 

    “No president should be able to bypass Congress’s constitutional authority over matters of war. The American people do not want to be dragged into another disastrous conflict in the Middle East. I’m proud to lead this bipartisan War Powers Resolution with Rep. Massie to reassert that any military action against Iran must be authorized by Congress,” said Rep. Khanna.

    “The Constitution does not permit the executive branch to unilaterally commit an act of war against a sovereign nation that hasn’t attacked the United States,” said Rep. Massie. “Congress has the sole power to declare war against Iran. The ongoing war between Israel and Iran is not our war. Even if it were, Congress must decide such matters according to our Constitution.”

    In addition to Reps. Khanna and Massie, original cosponsors include Rep. Don Beyer (D-VA), Rep. Gregorio Casar (D-TX), Rep. Alexandria Ocasio-Cortez (D-NY), Rep. Lloyd Doggett (D-TX), Rep. Chuy Garcia (D-IL), Rep. Val Hoyle (D-OR), Rep. Pramila Jayapal (D-WA), Rep. Summer Lee (D-PA), Rep. Jim McGovern (D-MA), Rep. Ilhan Omar (D-MN), Rep. Ayanna Presley (D-MA), Rep. Delia Ramirez (D-IL), Rep. Rashida Tlaib (D-MI), and Rep. Nydia Velazquez (D-NY). Senator Tim Kaine (D-VA) has introduced companion legislation in the United States Senate. 

    The text of the Khanna-Massie Iran War Powers Resolution is available here.

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    MIL OSI USA News

  • MIL-OSI USA: Rep. Craig Urges Administration to Follow Through on Promise to Deliver High-Speed Internet to Rural Communities

    Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

    WASHINGTON, DC – Today, U.S. Representative Angie Craig joined Reps. Brian Fitzpatrick (R-PA), Rob Wittman (R-VA) and Adam Gray (D-CA) in urging the Administration to follow through on its promise to deliver high-speed internet to rural communities through the Broadband Equity Access and Deployment (BEAD) program. 

    In a letter to Secretary of Commerce Howard Lutnick, the lawmakers expressed concerns about the National Telecommunications and Information Administration’s (NTIA) recent guidance that could set back broadband deployment in rural areas.

    “We remain committed to ensuring the BEAD Program delivers on its promise to strengthen the U.S. economy and connect rural Americans with the opportunities enabled by high-speed internet,” the Members wrote. “However, recent guidance from the National Telecommunications and Information Administration (NTIA) raises concerns that the program could be slowed just as states are gaining momentum.” 

    “This program was intended to strengthen underserved areas by providing the highest-performance and most scalable networks, so they can compete in the modern economy,” the Members continued. “In many of our districts, higher deployment costs are a reality. A one-size-fits all model puts rural communities at a disadvantage.

    The Members concluded, “We urge NTIA to preserve the program’s original intent while streamlining deployment efforts to avoid further disruptions.”

    As a co-chair of the Congressional Rural Broadband Caucus, Rep. Craig has led the effort to connect Minnesota’s rural communities to high-speed internet. 

    Last Congress, Rep. Craig led a group of Members in urging Speaker Johnson to take action to extend funding for the Affordable Connectivity Program (ACP), which provided 23 million American households – and over 244,000 Minnesota households – with access to affordable high-speed internet. She later introduced the Secure and Affordable Broadband Extension Act to increase funding for federal broadband accessibility programs like the ACP, which expired in June of 2024.

    Last year, she secured a $1 million federal investment to improve internet access in Le Sueur County, Minnesota.

    You can read the full text of the letter here.

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    MIL OSI USA News

  • MIL-OSI Russia: Online course at Lu Ban’s Workshop at MTUCI trains Russian specialists in 5G technologies

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

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

    TIANJIN, July 12 (Xinhua) — An online course on the application of 5G technologies and other relevant areas was recently completed at the Lu Ban Workshop at the Moscow Technical University of Communications and Informatics (MTUCI).

    Using Chinese technology and 5G equipment that meets Chinese standards, teachers shared advanced knowledge in the field of digital technology with students. As a result of the classes, students not only expanded their theoretical knowledge base, but also improved their practical skills and increased their ability to solve practical problems.

    Lu Ban’s workshop, which officially opened at MTUCI in June this year, was established jointly by MTUCI and Tianjin Vocational College of Electronics and Information Science. It is becoming an important bridge for Chinese-Russian cooperation in the field of digital technologies.

    “We have trained teachers. The curriculum covers advanced technologies in the digital economy, such as 5G and the Internet of Things. To date, a total of 1,246 Russian teachers have been trained,” said Qian Guoliang, head of the Department of Modern Communications Technology at Tianjin Vocational College of Electronics and Information Science.

    Lu Ban’s workshop at MTUCI is closely linked to the needs of Russia’s digital economy industry, and enterprises in China’s communications industry are actively involved in the workshop’s teaching activities, he added.

    Lu Ban Workshop, named after the famous ancient Chinese craftsman Lu Ban, is a brand of international vocational education initiated and promoted by Tianjin City Government.

    To date, China has built 34 Lu Ban Workshops in 30 countries and regions around the world. 10 of them were established in Kazakhstan, Tajikistan, Uzbekistan, Russia, Pakistan, Cambodia, Egypt and other SCO countries.

    Lu Ban’s workshop at MTUCI has provided powerful support to China and Russia in educating highly qualified specialists of international class who meet the needs of information technology development, noted Anastasia Kazantseva, Deputy Director of the Department for the Development of Digital Competencies and Education of the Ministry of Digital Development of the Russian Federation.

    Lu Ban’s workshop in Russia will continue to gain strength and show broader development prospects, she said. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News

  • MIL-OSI: Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 11, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its financial results for the fiscal year ended March 31, 2025.

    Fiscal Year ended March 31, 2025 Full-Year Highlights:

    • Revenues for the fiscal year ended March 31, 2025, increased 57% to $2.0 million driven primarily by an increase in software subscriptions and license fees.
    • Net loss for the fiscal year ended March 31, 2025, of $5.2 million, an increase of $0.3 million compared to the net loss of $4.9 million recorded in the prior year.
    • Transformed balance sheet with net assets of $4.6 million at March 31, 2025, compared to net liabilities of $23.0 million at March 31, 2024.
    • Completed Initial Public Offering (“IPO”) in January 2025.

    Post Year End Strategic Highlights

    • Signed a memorandum of understanding on June 5, 2025 to acquire Resulticks Group Companies Pte Limited (“Resulticks”), subject to definitive agreements, in a transaction valued at approximately US$2 billion, to be primarily settled in Diginex ordinary shares. This combination leverages Resulticks’ real-time audience engagement, agentic AI framework, and global reach to drive sustainability, compliance, customer relationships, and collective growth.
    • Executed a memorandum of understanding on May 23, 2025, to acquire Matter DK ApS (“Matter”), subject to definitive agreements, for approximately US$13 million in an all-share deal. Management believes the acquisition of Matter will strengthen the Company’s sustainability data coverage, ESG analytics offerings, as well as its automated data collection capabilities.

    Management Commentary

    “The year ended March 31, 2025 was a transformative period for the Company, marked by the successful completion of our IPO in January 2025, a 57% increase in revenues and strategic agreements signed during the fiscal year to boost future revenues and client acquisition with leading professional firms such as Russell Bedford International and Baker Tilly Singapore. During the year, we also enhanced our product offerings with the introduction of AI-powered compliance solutions, delivering features such as multi-variant drafting, automated risk reduction, future-proofing for evolving regulations, and improved scalability for users of our Sustainability SaaS reporting platform, diginexESG,” said Mark Blick, Chief Executive Officer of Diginex Limited. “We achieved overall revenue growth, driven in part, by a significant licensing agreement and ongoing demand for our core ESG reporting and supply chain risk management products. At the same time, we deliberately shifted resources to accelerate the development of diginexESG and diginexLUMEN, which positions us well for long-term growth and recurring revenues at the expense of revenues from one-off mandates via customization projects.”

    “We also maintained a disciplined approach to cost management. While general and administrative expenses increased year on year, this was primarily due to IPO related professional fees and the fair value adjustment related to the issuance of preferred shares under an anti-dilution clause following an $8 million capital raise in May 2024. We did, however, achieve cost reductions in employee benefits, IT development and maintenance costs, while continuing to deliver on our product road map, and other discretionary spending. These actions demonstrate our commitment to building a sustainable business model and cost structure that supports future profitability while continuing to fund strategic priorities.”

    “We’re also excited to have signed a memorandum of understanding on March 17, 2025, to pursue a dual listing of our ordinary shares on the Abu Dhabi Securities Exchange,” said Mr. Blick. “This planned listing is intended to increase exposure of Diginex to regional and international investors, strengthen our relationships in the Gulf Cooperation Council (“GCC”) region, and support Abu Dhabi’s strategic focus on sustainable finance. We believe this step aligns with our long-term commitment to expand our global presence.” The memorandum of understanding also contemplates a planned capital raise of up to USD$250 million focused on large institutional investors based in the GCC and a strategic alliance to support business growth in Abu Dhabi and the surrounding GCC region.”

    “Importantly, we are advancing our strategy to strengthen and diversify our technology and data capabilities through targeted acquisitions,” continued Mr. Blick. “Following the close of the fiscal year ended March 31, 2025, we signed two memoranda of understanding to acquire Resulticks and Matter, subject to definitive agreements. These transactions, if completed, would meaningfully expand our AI-driven data management and sustainability analytics capabilities globally, supporting our vision of delivering integrated, high-value solutions to clients worldwide. While both agreements remain subject to due diligence, negotiation and finalizing definitive terms, they demonstrate our commitment to disciplined, strategic growth through carefully selected acquisitions. We see powerful synergies with Resulticks in targeted sustainability marketing at scale, bringing in Matter’s sustainability data for company benchmarking and supply chain due diligence through diginexLUMEN, and the provision of AI enabled sustainability reporting capabilities with diginexESG.”

    “Looking ahead, we have reason for optimism as our Company is on the leading edge of fundamental changes in the data industry that will drive future growth. We remain committed to investing across the Diginex platforms, enhancing our global market presence both organically and through acquisitions, and managing our operations with discipline to deliver long-term value to our shareholders,” Mr. Blick stated.

    Revenues

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Subscription and license fees 1.3 0.4
    Advisory fees 0.3 0.2
    Customization fees 0.4 0.7
    Total  2.0  1.3
         

    For the fiscal year ended March 31, 2025, total revenue increased by $0.7 million to $2.0 million, compared to $1.3 million in the prior year. The increase was primarily attributable to a $0.9 million license fee from the granting of a non-exclusive right to distribute a white-label version of diginexESG. Excluding this transaction, revenue from software subscriptions and licenses remained stable at $0.4 million for the year. Subscription and license fees are generated from sales of diginexESG and diginexLUMEN.

    Revenue from advisory fees increased modestly to $0.3 million, reflecting an improvement of $0.1 million compared to the prior year. Advisory services includes projects such as developing ESG strategies, conducting ESG materiality assessments or conducting training sessions on a range of ESG topics.

    The increase in total revenue was partially offset by a decline in revenue from customization projects, which decreased by $0.3 million to $0.4 million for the fiscal year ended March 31, 2025. This reduction was an expected outcome of the Company’s strategic decision to allocate more resources to the development and expansion of diginexESG and diginexLUMEN, leading to a temporary reduction in the acceptance of customization projects.

    “We are focused on building long-term, sustainable growth across all of our service lines,” said Mr. Blick. “This year’s results highlight the strength of our core subscription business and our ability to unlock additional revenue opportunities through strategic agreements and licensing agreements.”

    General and Administrative Expenses

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Employee benefits  4.8  5.0
    IT development and maintenance support 1.5 2.1
    Audit fees 0.4 0.6
    Professional fees 2.1 0.5
    Travel and entertainment 0.4 0.5
    Share based payments 0.4
    Amortization and depreciation 0.1 0.1
    Other 0.6 0.5
      10.3 9.3
         

    For the fiscal year ended March 31, 2025, general and administrative expenses increased by $1.0 million to $10.3 million, compared to $9.3 million in the prior fiscal year. This increase was primarily driven by higher professional fees associated with the Company’s IPO and a share-based payment expense related to preferred shares issued under an anti-dilution clause triggered by a capital raise completed in May 2024. These higher costs were partially offset by reductions in employee benefits, IT development and maintenance support, while continuing to deliver on our product roadmap, and audit fees.

    Employee benefits decreased by $0.2 million which was the result of reduced costs associated with the fair value of employee share options granted to employees of $0.5 million and a partially offsetting increase in salaries of $0.3 million. Headcount at March 31, 2025 was 32 and included 23 employees and 9 contractors compared to a headcount of 29 at March 31, 2024, which included 22 employees and 7 contractors.

    Balance Sheet Highlights

    At March 31, 2025, net assets of $4.6 million represented a transformation and significant improvement from net liabilities of $23.0 million at March 31, 2024. The improvement was driven by the capitalization of shareholder loans and advances, convertible loan notes and redeemable preferred shares. The capitalization events were triggered by the IPO.  

    The Company’s cash position of $3.1 million at March 31, 2025, is also higher than the $0.1 million of cash reported at March 31, 2024.

    The balance sheet at March 31, 2025, held no interest-bearing debt instruments.

    “The strengthening of our balance sheet following our IPO marks an important milestone for the company,” concluded Mr. Blick. “This enhanced financial position gives us the flexibility to invest in growth, pursue strategic initiatives, and deliver sustainable value to our shareholders. We remain committed to disciplined capital management as we expand our operations, strengthen key partnerships, and execute on our long-term vision to drive innovation and create a lasting impact in our industry.”

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and ISSB (IFRS Sustainability Disclosure Standards). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk

         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    Revenue 2,040,602 1,299,538
    General and administrative expenses (10,344,514) (9,363,345)
    OPERATING LOSS (8,303,912) (8,063,807)
    Other income, gains or (losses) 3,501,200 3,753,988
    Finance cost, net (410,167) (552,651)
    LOSS BEFORE TAX (5,212,879) (4,862,470)
    Income tax expense (8,917)
    LOSS FOR THE YEAR (5,212,879) (4,871,387)
    OTHER COMPREHENSIVE INCOME (LOSS)    
    Items that may be reclassified subsequently to profit or loss:    
    Exchange gain (loss) on translation of foreign operations 30 (7,684)
    TOTAL COMPREHENSIVE LOSS FOR THE YEAR (5,212,849) (4,879,071)
         
    LOSS PER SHARE ATTRIBUTABLE TO
    THE ORDINARY EQUITY HOLDERS OF THE COMPANY
       
    Basic loss per share (0.33) (0.51)
         
    Diluted loss per share (0.53) (0.75)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
    At 31 March 2024 and 2025
         
      At
    31 March 2025
    At
    31 March 2024
      USD USD
    ASSETS    
    Right-of-use assets 225,672 357,202
    Rental deposit 45,463 35,431
    Plant and equipment
    Total non-current assets 271,135 392,633
    Trade receivables, net 1,394,545 182,334
    Contract assets 750 69,354
    Other receivables, deposit and prepayment 1,066,191 253,476
    Restricted bank balance 399,400
    Cash and cash equivalents 3,111,141 76,620
    Total current assets 5,972,027 581,784
    LIABILITIES    
    Trade payables (200,660) (788,798)
    Other payables and accruals (706,874) (596,870)
    Tax payables (8,917)
    Deferred revenues (505,424) (322,826)
    Due to a related company (34,579) (34,579)
    Due to immediate holding company (5,345,929)
    Loans from immediate holding company (1,930,993)
    Loan from a related company (1,140,931)
    Lease liabilities, current (126,808) (122,076)
    Convertible loan notes, current (3,975,534)
    Total current liabilities (1,574,345) (14,267,453)
    Lease liabilities, net of current portion (110,867) (243,280)
    Preferred shares (9,359,000)
    Convertible loan notes, net of current portion (114,808)
    Total non-current liabilities (110,867) (9,717,088)
    Net current assets (liabilities) 4,397,682 (13,685,669)
    Net assets (liabilities) 4,557,950 (23,010,124)
    EQUITY (DEFICIT)    
    Share Capital 1,150 477
    Share Premium 25,689,436
    Capital reserve 5,126,150 3,752,192
    Warrant reserve 79,263,200
    Exchange reserve (1,651) (1,681)
    Share option reserve 1,076,345 2,409,689
    Accumulated losses (106,596,680) (29,170,801)
    Total equity (deficit) 4,557,950 (23,010,124)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    CASH FLOWS FROM OPERATING ACTIVITIES    
    Loss before taxation (5,212,879) (4,862,470)
    Adjustments for:    
    Amortization – right-of-use assets 125,575 99,580
    Depreciation – property, plant and equipment 3,696
    Impairment losses (reversed) recognized in respect of trade receivables (2,844) (400)
    Bad debt written off 12,064 21,522
    Write-off of due from related company 81,347
    Finance costs 410,167 552,651
    Share option awards 859,685 1,352,835
    Share-based payments expenses on anti-dilution issuance of preferred shares 369,648
    IPO expenses charged to P&L 1,659,081
    Net fair value loss of convertible loan notes 639,000 374,000
    Net fair value loss of preferred shares (4,117,648) (4,101,000)
    Operating cash flows before movements in working capital (5,258,151) (6,478,239)
    Movements in working capital    
    Trade receivables (1,221,431) 86,332
    Other receivables, deposit and prepayment (955,348) (210,936)
    Contract assets 68,604 (42,365)
    Due from a related company (39,815
    Trade and other payables (478,610) 841,155
    Deferred revenue 182,598 (12,840)
    Amount due to immediate holding company
    Cash generated from operations (7,662,338) (5,856,708)
    Income tax paid (8,917)
    Net cash used in operating activities (7,671,255) (5,856,708)
    CASH FLOWS FROM INVESTING ACTIVITIES    
    Payment to rental deposit (10,032)
    Cash used in investing activities (10,032)
    CASH FLOWS FROM FINANCING ACTIVITIES    
    Issue of shares under global offerings 10,608,750
    Payment of transaction costs of issue of new shares (2,948,791)
    Loans from immediate holding company 3,410,461 564,483
    Advances from immediate holding company 713,719 5,345,423
    Proceeds from shares issued 50
    Proceeds from issuance of convertible loan notes 100,000
    Loan from a related company
    Repayment of due to immediate holding company
    Repayment of lease liabilities (138,962) (109,754)
    Placement of restricted bank balance (399,400)
    Repayment of loan from immediate holding company (530,019) (1,150,000)
    Net cash generated from financing activities 10,715,808 4,750,152
    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,034,521 (1,106,556)
    Cash and cash equivalents at the beginning of the year 76,620 1,183,176
    CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 3,111,141 76,620
         

    The MIL Network

  • MIL-OSI: Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 11, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its financial results for the fiscal year ended March 31, 2025.

    Fiscal Year ended March 31, 2025 Full-Year Highlights:

    • Revenues for the fiscal year ended March 31, 2025, increased 57% to $2.0 million driven primarily by an increase in software subscriptions and license fees.
    • Net loss for the fiscal year ended March 31, 2025, of $5.2 million, an increase of $0.3 million compared to the net loss of $4.9 million recorded in the prior year.
    • Transformed balance sheet with net assets of $4.6 million at March 31, 2025, compared to net liabilities of $23.0 million at March 31, 2024.
    • Completed Initial Public Offering (“IPO”) in January 2025.

    Post Year End Strategic Highlights

    • Signed a memorandum of understanding on June 5, 2025 to acquire Resulticks Group Companies Pte Limited (“Resulticks”), subject to definitive agreements, in a transaction valued at approximately US$2 billion, to be primarily settled in Diginex ordinary shares. This combination leverages Resulticks’ real-time audience engagement, agentic AI framework, and global reach to drive sustainability, compliance, customer relationships, and collective growth.
    • Executed a memorandum of understanding on May 23, 2025, to acquire Matter DK ApS (“Matter”), subject to definitive agreements, for approximately US$13 million in an all-share deal. Management believes the acquisition of Matter will strengthen the Company’s sustainability data coverage, ESG analytics offerings, as well as its automated data collection capabilities.

    Management Commentary

    “The year ended March 31, 2025 was a transformative period for the Company, marked by the successful completion of our IPO in January 2025, a 57% increase in revenues and strategic agreements signed during the fiscal year to boost future revenues and client acquisition with leading professional firms such as Russell Bedford International and Baker Tilly Singapore. During the year, we also enhanced our product offerings with the introduction of AI-powered compliance solutions, delivering features such as multi-variant drafting, automated risk reduction, future-proofing for evolving regulations, and improved scalability for users of our Sustainability SaaS reporting platform, diginexESG,” said Mark Blick, Chief Executive Officer of Diginex Limited. “We achieved overall revenue growth, driven in part, by a significant licensing agreement and ongoing demand for our core ESG reporting and supply chain risk management products. At the same time, we deliberately shifted resources to accelerate the development of diginexESG and diginexLUMEN, which positions us well for long-term growth and recurring revenues at the expense of revenues from one-off mandates via customization projects.”

    “We also maintained a disciplined approach to cost management. While general and administrative expenses increased year on year, this was primarily due to IPO related professional fees and the fair value adjustment related to the issuance of preferred shares under an anti-dilution clause following an $8 million capital raise in May 2024. We did, however, achieve cost reductions in employee benefits, IT development and maintenance costs, while continuing to deliver on our product road map, and other discretionary spending. These actions demonstrate our commitment to building a sustainable business model and cost structure that supports future profitability while continuing to fund strategic priorities.”

    “We’re also excited to have signed a memorandum of understanding on March 17, 2025, to pursue a dual listing of our ordinary shares on the Abu Dhabi Securities Exchange,” said Mr. Blick. “This planned listing is intended to increase exposure of Diginex to regional and international investors, strengthen our relationships in the Gulf Cooperation Council (“GCC”) region, and support Abu Dhabi’s strategic focus on sustainable finance. We believe this step aligns with our long-term commitment to expand our global presence.” The memorandum of understanding also contemplates a planned capital raise of up to USD$250 million focused on large institutional investors based in the GCC and a strategic alliance to support business growth in Abu Dhabi and the surrounding GCC region.”

    “Importantly, we are advancing our strategy to strengthen and diversify our technology and data capabilities through targeted acquisitions,” continued Mr. Blick. “Following the close of the fiscal year ended March 31, 2025, we signed two memoranda of understanding to acquire Resulticks and Matter, subject to definitive agreements. These transactions, if completed, would meaningfully expand our AI-driven data management and sustainability analytics capabilities globally, supporting our vision of delivering integrated, high-value solutions to clients worldwide. While both agreements remain subject to due diligence, negotiation and finalizing definitive terms, they demonstrate our commitment to disciplined, strategic growth through carefully selected acquisitions. We see powerful synergies with Resulticks in targeted sustainability marketing at scale, bringing in Matter’s sustainability data for company benchmarking and supply chain due diligence through diginexLUMEN, and the provision of AI enabled sustainability reporting capabilities with diginexESG.”

    “Looking ahead, we have reason for optimism as our Company is on the leading edge of fundamental changes in the data industry that will drive future growth. We remain committed to investing across the Diginex platforms, enhancing our global market presence both organically and through acquisitions, and managing our operations with discipline to deliver long-term value to our shareholders,” Mr. Blick stated.

    Revenues

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Subscription and license fees 1.3 0.4
    Advisory fees 0.3 0.2
    Customization fees 0.4 0.7
    Total  2.0  1.3
         

    For the fiscal year ended March 31, 2025, total revenue increased by $0.7 million to $2.0 million, compared to $1.3 million in the prior year. The increase was primarily attributable to a $0.9 million license fee from the granting of a non-exclusive right to distribute a white-label version of diginexESG. Excluding this transaction, revenue from software subscriptions and licenses remained stable at $0.4 million for the year. Subscription and license fees are generated from sales of diginexESG and diginexLUMEN.

    Revenue from advisory fees increased modestly to $0.3 million, reflecting an improvement of $0.1 million compared to the prior year. Advisory services includes projects such as developing ESG strategies, conducting ESG materiality assessments or conducting training sessions on a range of ESG topics.

    The increase in total revenue was partially offset by a decline in revenue from customization projects, which decreased by $0.3 million to $0.4 million for the fiscal year ended March 31, 2025. This reduction was an expected outcome of the Company’s strategic decision to allocate more resources to the development and expansion of diginexESG and diginexLUMEN, leading to a temporary reduction in the acceptance of customization projects.

    “We are focused on building long-term, sustainable growth across all of our service lines,” said Mr. Blick. “This year’s results highlight the strength of our core subscription business and our ability to unlock additional revenue opportunities through strategic agreements and licensing agreements.”

    General and Administrative Expenses

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Employee benefits  4.8  5.0
    IT development and maintenance support 1.5 2.1
    Audit fees 0.4 0.6
    Professional fees 2.1 0.5
    Travel and entertainment 0.4 0.5
    Share based payments 0.4
    Amortization and depreciation 0.1 0.1
    Other 0.6 0.5
      10.3 9.3
         

    For the fiscal year ended March 31, 2025, general and administrative expenses increased by $1.0 million to $10.3 million, compared to $9.3 million in the prior fiscal year. This increase was primarily driven by higher professional fees associated with the Company’s IPO and a share-based payment expense related to preferred shares issued under an anti-dilution clause triggered by a capital raise completed in May 2024. These higher costs were partially offset by reductions in employee benefits, IT development and maintenance support, while continuing to deliver on our product roadmap, and audit fees.

    Employee benefits decreased by $0.2 million which was the result of reduced costs associated with the fair value of employee share options granted to employees of $0.5 million and a partially offsetting increase in salaries of $0.3 million. Headcount at March 31, 2025 was 32 and included 23 employees and 9 contractors compared to a headcount of 29 at March 31, 2024, which included 22 employees and 7 contractors.

    Balance Sheet Highlights

    At March 31, 2025, net assets of $4.6 million represented a transformation and significant improvement from net liabilities of $23.0 million at March 31, 2024. The improvement was driven by the capitalization of shareholder loans and advances, convertible loan notes and redeemable preferred shares. The capitalization events were triggered by the IPO.  

    The Company’s cash position of $3.1 million at March 31, 2025, is also higher than the $0.1 million of cash reported at March 31, 2024.

    The balance sheet at March 31, 2025, held no interest-bearing debt instruments.

    “The strengthening of our balance sheet following our IPO marks an important milestone for the company,” concluded Mr. Blick. “This enhanced financial position gives us the flexibility to invest in growth, pursue strategic initiatives, and deliver sustainable value to our shareholders. We remain committed to disciplined capital management as we expand our operations, strengthen key partnerships, and execute on our long-term vision to drive innovation and create a lasting impact in our industry.”

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and ISSB (IFRS Sustainability Disclosure Standards). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk

         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    Revenue 2,040,602 1,299,538
    General and administrative expenses (10,344,514) (9,363,345)
    OPERATING LOSS (8,303,912) (8,063,807)
    Other income, gains or (losses) 3,501,200 3,753,988
    Finance cost, net (410,167) (552,651)
    LOSS BEFORE TAX (5,212,879) (4,862,470)
    Income tax expense (8,917)
    LOSS FOR THE YEAR (5,212,879) (4,871,387)
    OTHER COMPREHENSIVE INCOME (LOSS)    
    Items that may be reclassified subsequently to profit or loss:    
    Exchange gain (loss) on translation of foreign operations 30 (7,684)
    TOTAL COMPREHENSIVE LOSS FOR THE YEAR (5,212,849) (4,879,071)
         
    LOSS PER SHARE ATTRIBUTABLE TO
    THE ORDINARY EQUITY HOLDERS OF THE COMPANY
       
    Basic loss per share (0.33) (0.51)
         
    Diluted loss per share (0.53) (0.75)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
    At 31 March 2024 and 2025
         
      At
    31 March 2025
    At
    31 March 2024
      USD USD
    ASSETS    
    Right-of-use assets 225,672 357,202
    Rental deposit 45,463 35,431
    Plant and equipment
    Total non-current assets 271,135 392,633
    Trade receivables, net 1,394,545 182,334
    Contract assets 750 69,354
    Other receivables, deposit and prepayment 1,066,191 253,476
    Restricted bank balance 399,400
    Cash and cash equivalents 3,111,141 76,620
    Total current assets 5,972,027 581,784
    LIABILITIES    
    Trade payables (200,660) (788,798)
    Other payables and accruals (706,874) (596,870)
    Tax payables (8,917)
    Deferred revenues (505,424) (322,826)
    Due to a related company (34,579) (34,579)
    Due to immediate holding company (5,345,929)
    Loans from immediate holding company (1,930,993)
    Loan from a related company (1,140,931)
    Lease liabilities, current (126,808) (122,076)
    Convertible loan notes, current (3,975,534)
    Total current liabilities (1,574,345) (14,267,453)
    Lease liabilities, net of current portion (110,867) (243,280)
    Preferred shares (9,359,000)
    Convertible loan notes, net of current portion (114,808)
    Total non-current liabilities (110,867) (9,717,088)
    Net current assets (liabilities) 4,397,682 (13,685,669)
    Net assets (liabilities) 4,557,950 (23,010,124)
    EQUITY (DEFICIT)    
    Share Capital 1,150 477
    Share Premium 25,689,436
    Capital reserve 5,126,150 3,752,192
    Warrant reserve 79,263,200
    Exchange reserve (1,651) (1,681)
    Share option reserve 1,076,345 2,409,689
    Accumulated losses (106,596,680) (29,170,801)
    Total equity (deficit) 4,557,950 (23,010,124)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    CASH FLOWS FROM OPERATING ACTIVITIES    
    Loss before taxation (5,212,879) (4,862,470)
    Adjustments for:    
    Amortization – right-of-use assets 125,575 99,580
    Depreciation – property, plant and equipment 3,696
    Impairment losses (reversed) recognized in respect of trade receivables (2,844) (400)
    Bad debt written off 12,064 21,522
    Write-off of due from related company 81,347
    Finance costs 410,167 552,651
    Share option awards 859,685 1,352,835
    Share-based payments expenses on anti-dilution issuance of preferred shares 369,648
    IPO expenses charged to P&L 1,659,081
    Net fair value loss of convertible loan notes 639,000 374,000
    Net fair value loss of preferred shares (4,117,648) (4,101,000)
    Operating cash flows before movements in working capital (5,258,151) (6,478,239)
    Movements in working capital    
    Trade receivables (1,221,431) 86,332
    Other receivables, deposit and prepayment (955,348) (210,936)
    Contract assets 68,604 (42,365)
    Due from a related company (39,815
    Trade and other payables (478,610) 841,155
    Deferred revenue 182,598 (12,840)
    Amount due to immediate holding company
    Cash generated from operations (7,662,338) (5,856,708)
    Income tax paid (8,917)
    Net cash used in operating activities (7,671,255) (5,856,708)
    CASH FLOWS FROM INVESTING ACTIVITIES    
    Payment to rental deposit (10,032)
    Cash used in investing activities (10,032)
    CASH FLOWS FROM FINANCING ACTIVITIES    
    Issue of shares under global offerings 10,608,750
    Payment of transaction costs of issue of new shares (2,948,791)
    Loans from immediate holding company 3,410,461 564,483
    Advances from immediate holding company 713,719 5,345,423
    Proceeds from shares issued 50
    Proceeds from issuance of convertible loan notes 100,000
    Loan from a related company
    Repayment of due to immediate holding company
    Repayment of lease liabilities (138,962) (109,754)
    Placement of restricted bank balance (399,400)
    Repayment of loan from immediate holding company (530,019) (1,150,000)
    Net cash generated from financing activities 10,715,808 4,750,152
    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,034,521 (1,106,556)
    Cash and cash equivalents at the beginning of the year 76,620 1,183,176
    CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 3,111,141 76,620
         

    The MIL Network

  • MIL-OSI Security: U.S., Allies Launch Largest Pacific Air Exercise with REFORPAC 2025

    Source: United States INDO PACIFIC COMMAND

    MISAWA AIR BASE, Japan – Pacific Air Forces (PACAF), alongside U.S. allies and partners, launched Resolute Force Pacific 2025 (REFORPAC), the largest contingency response exercise ever conducted by the U.S. Air Force in the Indo-Pacific region, July 10, 2025.

    MIL Security OSI

  • MIL-OSI: Binance users turn to RICH Miner: a new strategy to easily earn cryptocurrencies

    Source: GlobeNewswire (MIL-OSI)

    The volatility of the crypto market has spawned a revolution in returns, and cloud mining is becoming a new destination for the overflow of exchange users’ assets.

    Seattle, Washington, July 11, 2025 (GLOBE NEWSWIRE) — the price of Bitcoin is in the range of $117,700, and institutional investors’ expectations of breaking through $180,000 by the end of the year continue to rise.

    In this seemingly prosperous but risky market, a silent migration trend is spreading among Binance users – more and more investors are turning their exchange assets to cloud mining platforms such as RICH Miner to seek stable daily returns.

    RICH Miner creates a revenue upgrade channel for Binance users:

    RICH Miner is headquartered in London, UK. It is an intelligent cryptocurrency mining platform for global users. Relying on 120 large mining farms around the world and 100% renewable energy (wind and solar) power supply, combined with AI computing power scheduling system, it is committed to providing investors with low-threshold, high-return digital asset value-added solutions.

    RICH Miner provides a variety of mining solutions, real-time revenue settlement and multi-wallet support, truly achieving “easy mining, stable money making”, and is an ideal choice for users pursuing passive income and asset growth.

    Why are more and more Binance users choosing RICH Miner?

    1. No need to transfer coins to the exchange, just top up the cryptocurrency from the Binance wallet to participate;

    2. Daily settlement mechanism, flexible funds, clear and transparent returns;

    3. Diversified contracts, from short-term experience to high-yield long-term plans, everything is available;

    1. The fully automated mining process is suitable for all users and does not require complicated operations.

    Actual example: From Binance recharge to daily income, only four steps are needed

    1. Register a RICH Miner account (activate $15 new user reward);

    2. Withdraw BTC/USDT from Binance to the platform recharge address (supports seamless conversion of multiple currencies);

    3. Select the contract: the user logs in to RICH Miner and selects the appropriate cloud mining contract level;

    Contract Type Contract Price Contract duration Daily income Total revenue
    Daily Sign-in Rewards $15  1 $0.6  $15+$0.6
    New User Experience Contract $100  2 $3  $100.00 + $6
    Canaan Avalon A15XP $600  8 $7.20  $500.00 + $57.60
    Bitdeer SealMiner A2 $1,300  13 $17.30  $1300.00 + $221.39
    Bitmain Antminer L7 $3,000  17 $42.30  $3000.00 + $719.10
    Bitmain Antminer S21 Immersion $5,000  24 $75.00  $5000.00 + $1800.00
    Bitmain Antminer L9 $12,000  32 $204.00  $12000.00 + $6528.00

    Click here to view the completed contract

    1. Start earning coins: After the contract is launched, you can get stable income every day, which will be automatically deposited into the account balance. Once the minimum threshold is reached, you can withdraw it to Binance or other wallets at any time.

    A new generation of asset appreciation: from “trading” to “creation”

    Binance solves the problems of “buying coins” and “trading”, while RICH Miner solves the problem of “how to make money with coins”. More and more experienced investors realize that instead of waiting for the market to rise, it is better to let the assets in their hands create stable returns for themselves every day. Through RICH Miner, Binance users do not need to leave the original ecosystem, they only need to “migrate strategies” to upgrade their wealth appreciation model.

    Conclusion: RICH Miner, a new choice for Binance users

    From trading platforms to cloud mining services, investors are gradually entering a new era of “light operation and high returns”. RICH Miner has become a new strategic platform for asset allocation for many Binance users with its advantages of intelligence, transparency and high returns.

    If you also want to say goodbye to inefficient financial management returns, you might as well join RICH Miner like many pioneers and let crypto assets create real passive income for you every day.

    Customer Service Email: info@richminer.com

    Official Website Link: https://richminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Binance users turn to RICH Miner: a new strategy to easily earn cryptocurrencies

    Source: GlobeNewswire (MIL-OSI)

    The volatility of the crypto market has spawned a revolution in returns, and cloud mining is becoming a new destination for the overflow of exchange users’ assets.

    Seattle, Washington, July 11, 2025 (GLOBE NEWSWIRE) — the price of Bitcoin is in the range of $117,700, and institutional investors’ expectations of breaking through $180,000 by the end of the year continue to rise.

    In this seemingly prosperous but risky market, a silent migration trend is spreading among Binance users – more and more investors are turning their exchange assets to cloud mining platforms such as RICH Miner to seek stable daily returns.

    RICH Miner creates a revenue upgrade channel for Binance users:

    RICH Miner is headquartered in London, UK. It is an intelligent cryptocurrency mining platform for global users. Relying on 120 large mining farms around the world and 100% renewable energy (wind and solar) power supply, combined with AI computing power scheduling system, it is committed to providing investors with low-threshold, high-return digital asset value-added solutions.

    RICH Miner provides a variety of mining solutions, real-time revenue settlement and multi-wallet support, truly achieving “easy mining, stable money making”, and is an ideal choice for users pursuing passive income and asset growth.

    Why are more and more Binance users choosing RICH Miner?

    1. No need to transfer coins to the exchange, just top up the cryptocurrency from the Binance wallet to participate;

    2. Daily settlement mechanism, flexible funds, clear and transparent returns;

    3. Diversified contracts, from short-term experience to high-yield long-term plans, everything is available;

    1. The fully automated mining process is suitable for all users and does not require complicated operations.

    Actual example: From Binance recharge to daily income, only four steps are needed

    1. Register a RICH Miner account (activate $15 new user reward);

    2. Withdraw BTC/USDT from Binance to the platform recharge address (supports seamless conversion of multiple currencies);

    3. Select the contract: the user logs in to RICH Miner and selects the appropriate cloud mining contract level;

    Contract Type Contract Price Contract duration Daily income Total revenue
    Daily Sign-in Rewards $15  1 $0.6  $15+$0.6
    New User Experience Contract $100  2 $3  $100.00 + $6
    Canaan Avalon A15XP $600  8 $7.20  $500.00 + $57.60
    Bitdeer SealMiner A2 $1,300  13 $17.30  $1300.00 + $221.39
    Bitmain Antminer L7 $3,000  17 $42.30  $3000.00 + $719.10
    Bitmain Antminer S21 Immersion $5,000  24 $75.00  $5000.00 + $1800.00
    Bitmain Antminer L9 $12,000  32 $204.00  $12000.00 + $6528.00

    Click here to view the completed contract

    1. Start earning coins: After the contract is launched, you can get stable income every day, which will be automatically deposited into the account balance. Once the minimum threshold is reached, you can withdraw it to Binance or other wallets at any time.

    A new generation of asset appreciation: from “trading” to “creation”

    Binance solves the problems of “buying coins” and “trading”, while RICH Miner solves the problem of “how to make money with coins”. More and more experienced investors realize that instead of waiting for the market to rise, it is better to let the assets in their hands create stable returns for themselves every day. Through RICH Miner, Binance users do not need to leave the original ecosystem, they only need to “migrate strategies” to upgrade their wealth appreciation model.

    Conclusion: RICH Miner, a new choice for Binance users

    From trading platforms to cloud mining services, investors are gradually entering a new era of “light operation and high returns”. RICH Miner has become a new strategic platform for asset allocation for many Binance users with its advantages of intelligence, transparency and high returns.

    If you also want to say goodbye to inefficient financial management returns, you might as well join RICH Miner like many pioneers and let crypto assets create real passive income for you every day.

    Customer Service Email: info@richminer.com

    Official Website Link: https://richminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Cryptocurrency Market Rises as BAY Miner Offers Passive Cloud Mining

    Source: GlobeNewswire (MIL-OSI)

    Denver, Colorado, July 11, 2025 (GLOBE NEWSWIRE) — As the cryptocurrency market strengthens, Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other currencies have continued to rise recently. More and more institutional and individual investors hope to participate in the crypto market in a low-threshold way without the need for complex technology and expensive equipment investment.

    As a leading green cloud mining platform, BAY Miner uses AI computing power allocation optimization and renewable energy to allow users to easily mine BTC, ETH and SOL without equipment and achieve daily passive crypto income.

    “The current rise in the crypto market reflects investors’ confidence in digital assets, and BAY Miner is committed to making crypto mining easy for everyone to participate in.” A BAY Miner spokesperson said, “Users can benefit from the market without having to purchase and maintain expensive equipment, while supporting sustainable development.”

    Market Trend Alignment
    The crypto market continues its upward trajectory, supported by developments like ReserveOne’s plan to raise over $1 billion through a Nasdaq listing, and increased institutional investment in digital assets. This growth, combined with rising adoption of crypto-friendly policies and new ETF filings, signals a prime opportunity for investors to accumulate crypto assets through cloud mining during bullish cycles.

    Technical advantages
    BAY Miner applies AI-driven computing power allocation optimization to improve mining efficiency while reducing energy consumption. The platform’s equipment-free mode eliminates the noise, heat dissipation and maintenance burden in traditional mining, reduces operating costs and carbon footprint through advanced cooling systems and renewable energy, and is in line with ESG investment concepts and sustainable development goals.

    Why choose BAY Miner
    1. No equipment, no technical threshold
    BAY Miner provides cloud mining services with hardware maintenance-free. Users do not need to buy expensive mining machines, nor do they need to manage noise, heat dissipation and complex configurations. They can easily participate in crypto mining through mobile phones or computers.

    2. AI computing power optimization, efficient mining
    BAY Miner uses AI-driven computing power allocation optimization technology to help users automatically adjust mining efficiency and obtain the best returns, which is much higher than ordinary non-optimized mining efficiency.

    3. Green energy and sustainable mining
    The platform uses renewable energy and advanced cooling systems to reduce energy consumption and carbon emissions, which is in line with the ESG sustainable investment concept, allowing users to earn passive crypto income while supporting environmental protection.

    4. Daily passive income, flexible withdrawal or reinvestment
    Users can obtain daily automatically settled passive crypto income through BAY Miner, and flexibly choose to withdraw or reinvest, so that small funds can also accumulate assets such as BTC, ETH, SOL, etc. for a long time.

    5. Real-time transparent monitoring
    Users can view the mining progress and income in real time through the BAY Miner platform. All income details are transparent and traceable, ensuring the safety of users’ funds and transparency of income.

    6. Seize the opportunity of rising crypto market
    In the rising cycle of BTC, ETH, SOL and other cryptocurrency markets, BAY Miner cloud mining helps users seize the market dividends with a low threshold and accumulate crypto assets steadily.

    How BAY Miner works
    The BAY Miner platform supports users:
    – Visit https://bayminer.com and register an account via email.
    – Select the appropriate BTC, ETH, SOL cloud mining contract.
    – Automatically receive crypto income every day without purchasing equipment.
    – View income in real time and choose to reinvest to achieve compound growth.

    User Scenarios

    BAY Miner helps crypto enthusiasts earn passive crypto income without hardware or technical barriers. Students and young professionals can accumulate Bitcoin, Ethereum, and SOL while focusing on studies or careers. Freelancers use BAY Miner to generate steady crypto earnings as an additional income stream.
    As the crypto market rises, long-term investors use BAY Miner’s AI-powered, hardware-free cloud mining to grow their crypto portfolios with low operational costs. With daily payouts and transparent monitoring, BAY Miner enables retail investors to mine crypto responsibly and sustainably, turning market momentum into reliable asset growth.
    Future Outlook
    As the crypto market strengthens and institutional capital continues to flow in, BAY Miner offers an accessible, low-barrier way for investors to participate in crypto mining and accumulate digital assets responsibly and sustainably.
    More information:
    Official website:https://bayminer.com
    Email: info@bayminer.com
    Click here to download the mobile app now

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks. There is a possibility of financial loss. You are advised to perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Attachment

    The MIL Network

  • MIL-OSI: First Bancshares, Inc. Announces Operating Results for Quarter Ended June 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN GROVE, Mo., July 11, 2025 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI) (“Company”), the holding company for Stockmens Bank (“Bank”), today announced its unaudited financial results for the quarter ended June 30, 2025.

    For the second quarter of 2025, the Company reported after-tax net income of $1,824,000 or $0.75 per share-diluted compared to $1,630,000 or $0.67 per share-diluted for the same period in 2024. Net income for the second quarter of 2025 represents an after-tax return on average assets of 1.36% and an after-tax return on equity of 11.82%. These earnings ratios repeated their recent trend of outperformance despite an atypical $7.5 million increase in asset size due to an arbitrage play and strategic stockpiling of capital reserves.

    Since June 30, 2024, the Company experienced growth in all major balance sheet categories aside from investment securities with consolidated total assets increasing $27.3 million to $544.1 million, cash & cash equivalents increasing $13.0 million to $55.8 million, and net loans receivable increasing $15.9 million to $445.3 million. Total deposits increased $13.4 million to $468.3 million, and stockholders’ equity increased $6.3 million to $62.3 million.

    Through the second quarter of 2025, the Company has made significant efforts to fortify its balance sheet. Liquidity remains robust with excess cash being deployed into high-quality loan assets, earning asset yields rose, costs of funds has been kept in check, asset quality improved from already impressive levels, and capital ratios developed to a level that affords the Company the flexibility to pursue growth opportunities as they arise.

    The Bank meets all regulatory requirements for “well-capitalized” status.

    About the Company

    First Bancshares, Inc. is the holding company for Stockmens Bank, a FDIC-insured commercial bank chartered by the State of Colorado that conducts business from its home office in Colorado Springs, Colorado, and eight full-service Missouri offices in Mountain Grove, Marshfield, Ava, Kissee Mills, Gainesville, Crane, Hartville and Springfield, and full-service offices in Bartley, Nebraska and Akron, Colorado.

    Cautionary Note Regarding Forward-Looking Statements

    The Company and its wholly owned subsidiary, Stockmens Bank, may from time to time make written or oral “forward-looking statements” in its reports to shareholders, and in other communications by the Company, which are made in good faith by the Company pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.

    These forward-looking statements include statements with respect to the Company’s beliefs, expectations, estimates and intentions that are subject to significant risks and uncertainties, and are subject to change based on various factors, some of which are beyond the Company’s control. Such statements address the following subjects: future operating results; customer growth and retention; loan and other product demand; earnings growth and expectations; new products and services; credit quality and adequacy of reserves; results of examinations by our bank regulators, technology, and our employees. The following factors, among others, could cause the Company’s financial performance to differ materially from the expectations, estimates and intentions expressed in such forward-looking statements: the strength of the United States economy in general and the strength of the local economies in which the Company conducts operations; the effects of, and changes in, trade, monetary, and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; inflation, interest rate, market, and monetary fluctuations; the timely development and acceptance of new products and services of the Company and the perceived overall value of these products and services by users; the impact of changes in financial services’ laws and regulations; technological changes; acquisitions; changes in consumer spending and savings habits; and the success of the Company at managing and collecting assets of borrowers in default and managing the risks of the foregoing.

    The foregoing list of factors is not exclusive. The Company does not undertake, and expressly disclaims any intent or obligation, to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.

    Contact: Robert M. Alexander, Chairman and CEO – (719) 955-2800

    First Bancshares, Inc. and Subsidiaries  
    Financial Highlights  
    (unaudited)  
    (In thousands, except per share amounts)  
                             
                             
          Quarter Ended    Six Months Ended 
          June 30,    June 30, 
            2025      2024     2025     2024 
    Operating Data:                      
                             
    Total interest income   $ 8,407     $ 8,013     $ 16,371     $ 16,154  
    Total interest expense     2,411       2,689       4,721       5,486  
      Net interest income     5,996       5,324       11,650       10,668  
    Provision for credit losses     61       141       239       343  
      Net interest income after provision for credit losses     5,935       5,183       11,411       10,325  
    Gain (loss) on sale of investments                        
    Non-interest income     474       410       835       786  
    Non-interest expense     4,014       3,434       7,597       6,757  
    Income before taxes     2,395       2,159       4,649       4,354  
    Income tax expense     571       529       1,133       1,071  
      Net income   $ 1,824     $ 1,630     $ 3,516     $ 3,283  
                             
      Earnings per share   $ 0.75     $ 0.67     $ 1.46     $ 1.35  
                             
          At   At     At        
          June 30,   December 31,     June 30,        
    Financial Condition Data:     2025       2024       2024        
                             
    Cash and cash equivalents   $ 55,758     $ 68,570     $ 42,769        
      (excludes CDs)                            
    Investment securities     13,421       13,066       12,966        
      (includes CDs)                      
    Loans receivable, net     445,372       423,657       429,444        
    Goodwill and intangibles     1,443       1,515       1,586        
    Total assets     544,072       537,885       516,784        
    Deposits     468,345       472,596       454,992        
    Repurchase agreements     1,102       1,084       1,601        
    Borrowings     7,500                    
    Stockholders’ equity     62,336       59,562       56,037        
    Book value per share   $ 25.68     $ 24.53     $ 23.08        

    The MIL Network

  • MIL-OSI USA: As Member of Armed Services Committee, Peters Helps Advance Strong National Defense Bill to Bolster Michigan’s Defense Capabilities

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    WASHINGTON, DC – As a member of the Armed Services Committee, U.S. Senator Gary Peters (MI) helped advance the annual National Defense Authorization Act out of committee. Peters successfully authored and secured provisions in the bipartisan bill to strengthen U.S. national security, invest in Michigan’s military facilities and robust defense sector, support our nation’s long-term strategic efforts to combat aggression by adversaries like China and Russia, fund initiatives to clean up PFAS contamination, and give our servicemembers a pay raise. The bill now advances to the full Senate for consideration.
    “Across Michigan, our servicemembers, defense manufacturers, and top-notch military installations play an essential role in keeping our nation safe and secure,” said Senator Peters. “I was proud to secure investments in this bill to bolster those defense assets and capabilities, while supporting statewide economic growth. This bill also helps us meet the rising threats posed by our adversaries like China and Russia to protect both folks at home and our troops serving around the world.”
    The National Defense Authorization Act sets annual policy for the Department of Defense (DOD) and has been signed into law for more than 60 consecutive years. 
    Peters led or supported the following provisions, including authorizing more than $18 million in funding for Michigan’s military facilities: 
    Investing in Michigan’s Military Facilities
    $9 million for Runway Improvement at Selfridge Air National Guard Base: This funding would allow for runway improvements at Selfridge Air National Guard Base in Macomb County to prepare for basing of future missions, including the KC-46 Tankers and F-15EX fighter jets that were announced for Selfridge following years of persistent work and advocacy by Peters. 
    $5.2 million to Construct Two New Taxiways at Selfridge: This funding would support the construction of two new taxiways at Selfridge to prepare for basing of future missions including Selfridge’s two missions. This includes $2.8 million for the construction of Taxiway Alpha and $2.4 million for the construction of Taxiway Bravo.
    $4.4 million for Camp Grayling All-Domain Warfighting Training Complex: This funding would kickstart the Camp Grayling All-Domain Warfighting Training Complex (ADWTC) critical for military training exercises like Northern Strike. The ADWTC provides a state-of-the-art facility where servicemembers can plan, lead, and execute realistic training. The ADWTC is critical for growing military training exercises like Northern Strike and ensuring this critical exercise remains the premier training exercise in the country.
    Permanent Funding for Northern Strike: Peters secured report language urging permanent funding for the annual Northern Strike Exercise, which is the largest all-domain reserve forces exercise. Northern Strike provides a realistic training environment and robust training experiences for units and leaders to strengthen joint all-domain warfighting – and helps keep Michigan central to our national defense operations.
    Bolstering Collaborative Combat Aircraft Production: Senator Peters secured language in the bill that directs the Air Force to move forward with initial full-scale production of Collaborative Combat Aircraft (CCA). Peters has pushed forand secured language to support the development and integration of CCAs, including during a hearing last year with the former Secretary of Defense and a recent hearing with the current U.S. Air Force Secretary. As a member of the Senate Appropriations Committee, Peters has also secured language to help position Selfridge Air National Guard Base as a potential location for CCA fielding. He led a provision included in recent government funding legislation requiring a report regarding basing criteria of CCAs. This report will include an evaluation of whether existing Air National Guard bases with legacy fighter missions, such as Selfridge, may be appropriate locations for the basing of CCAs.
    Connected Vehicle Cybersecurity Center at Selfridge: Peters led a provision in the bill underscoring the growing threat of cyberattacks on both manned and unmanned military vehicles and platforms, as well as critical infrastructure that interacts with advanced vehicles. The provision recognizes the work of the Army Ground Vehicle Systems Center (GVSC) in Warren, Michigan to identify cyber vulnerabilities to secure joint ground vehicle platforms and prevent cyberattacks on critical infrastructure. The bill encourages vehicle cybersecurity at places like GVSC who is working to establish its Connected Vehicle Cybersecurity Center, which will also be located in Michigan at Selfridge Air National Guard Base. In addition to supporting our Armed Forces and servicemembers, the Connected Vehicle Cybersecurity Center will support Michigan’s auto industry and help establish Southeast Michigan as a hub for all auto-cyber activity in the country. Peters has continuously used his role on the Armed Services Committee to support the GVSC, and recently warned DOD officials about the consequences of potential cuts at the GVSC.
    Emergency Response Authority Act: Peters successfully secured an amendment to give states more flexibility in deploying Army Guard and Reserve (AGR) personnel with specialized skills for emergency response. This proposal would allow AGR forces to respond to state declared emergencies, such as floods, hurricanes and other natural disasters, for a total of 14 days per person. This provision empowers states to respond to major disasters more quickly and effectively.
    Supporting Our Servicemembers and Their Families
    Pay Raise for Servicemembers: This bill includes pay raises of 3.8 percent for military servicemembers. 
    Addressing PFAS Contamination
    Improving Transparency of PFAS Cleanup & Remediation Efforts: Peters successfully included a provision that requires DOD to submit annual reports detailing site-specific funding, progress, and barriers for all interim PFAS remediation and cleanup efforts. This includes timelines, performance metrics, and the status of the actions. Peters’ provision also requires DOD to create a public online dashboard within one year to display updated PFAS cleanup data, funding, timelines, and community points of contact. Peters has worked with communities across Michigan for years on PFAS remediation efforts. Peters convened the first-ever hearing on PFAS contamination in the Senate, and convened a field summit in Grand Rapids in November 2018 to shine a light on how local, state and federal governments are coordinating responses to address PFAS contamination. He has also passed numerous bills into law to help address PFAS contamination and protect Michiganders. Michigan is home to a number of military installations where PFAS contamination has been detected, including Camp Grayling and the former Wurtsmith Air Force Base in Oscoda.
    Ensuring Access to Clean Drinking Water for Communities Affected by PFAS Contamination: The bill contains a Peters led initiative to direct DOD to provide bottled water to communities with private drinking water wells with high levels of PFAS contamination as a result of DOD activities. 
    Supporting Michigan’s Defense Sector
    Bolstering Infantry Squad Vehicle Production: The bill also authorized $34.4 million to maintain continued production and fielding of General Motors (GM) Defense’s Infantry Squad Vehicle (ISV). GM Defense conducts its testing, research, and development of projects at the Milford Proving Ground in Oakland County, where two of its key programs of record were conceived, and employs over 50,000 people in Michigan.
    Supporting Munition Production in Grayling: The bill includes $31.9 million to support production of the Army’s Individual Assault Munitions (IAM), which will soon be made at a new production facility being constructed in Grayling, Michigan. This new facility is expected to employ 70 people in 2025 and expand to an estimated 100 employees by 2027. 
    Boosting Made in Michigan Ground Vehicle Production: The bill authorizes robust funding for the Army to produce new, modernized Strykers as well as Abrams tanks. This funding would help ensure that Made in Michigan testing and development of ground vehicles like the Strykers are operating with cutting edge technology designed to keep our servicemembers safe.
    Bolstering Military Aircraft Engine Industrial Base: Peters secured a provision that requires the Secretary of Defense to provide a roadmap for bolstering our military aircraft engine industrial base to support existing and planned platforms. 
    Expanding Fuel Cell Use: This provision Peters secured authorizes $5 million for research and development of multi-modular fuel cells, primarily to be used in electric vehicle charging stations and mobile generators. This research will help increase the reliability of power for military installations and improve DOD’s energy management and efficiency plans. 
    Strengthening Cybersecurity and Advanced Technology Capabilities
    Protecting Against Phishing Attacks: This report language, secured by Peters, requires DOD to issue a strategy on implementing the adoption of phishing-resistant authentication across the Department. There has been an increase in phishing attempts targeting officials at DOD to retrieve personal information that allows hackers and foreign adversaries to gain access to delicate national security information. This provision would ensure that DOD takes steps to protect sensitive national security information and protect American lives.
    Preventing Manipulation of DOD-Generated Media: Peters secured an amendment he led which would require DOD to implement digital content provenance across the Department. Digital content creation, editing, and distribution tools are increasingly more accessible, and can be easily weaponized against the U.S. by our foreign adversaries who seek to threaten our national security, spread anti-American propaganda, and weaken our institutions. The amendment would help prevent DOD media content from being manipulated and used maliciously against our country by creating a pilot program to implement authenticity information on DOD-generated media. This builds on Peters’ bipartisan Digital Defense Content Provenance Act, which he secured in a previous national defense bill and requires DOD to create a course at the Defense Information School to teach personnel about the threats posed by synthetic media such as deepfakes, as well as emerging technologies and key concepts of digital content provenance. The bill also created a pilot program at DOD to assess the feasibility of establishing content standard technologies on DOD-produced and owned media content.
    Strengthening U.S. Cyber Workforce: Peters secured a provision that would require a report on the implementation of the DOD Cyber Workforce Strategy. DOD has struggled to attract and retain a skilled cyber workforce. The DOD Cyber Workforce Strategy was designed to identify difficulties and provide specific activities to increase applications and retainment of the cyber workforce, both military and civilian. A skilled DOD cyber workforce benefits all Americans.
    Enhancing DOD Weapons Systems to Protect Against Real-Time Cybersecurity Threats: The bill includes specific directives for the DOD to enhances its weapons systems with technology to track cybersecurity threats. This will all for weapons systems at Military bases in Michigan and across the country to track cyber threats in real time and constantly update the health and security of their cybersecurity operations. 
    Developing U.S. Unmanned Aircraft System (UAS) Capabilities: The bill would provide increased funding for the development of new and innovative design and production of low-cost, uncrewed systems. The bill would also require a strategy to develop a secure domestic supply chain of critical components for small UAS systems.
    Advancing Counter-UAS Technologies: The bill would authorize increased funding for various counter-UAS activities, and require a strategy for countering drone technologies and assessing resources or authorities needed for drone incursion response to ensure we are equipped for the future of warfare. It would direct the Army, Navy, and Air Force to provide briefings on their respective service plans for counter-UAS capabilities. 
    Supporting U.S. Security Interests Around the World
    Planning for Enhanced Operations in Artic Region: The bill includes a provision authored by Peters that recognizes the current geopolitical challenges and opportunities presented by the Artic region, and supports efforts to better understand the emerging need to enhance operations in the region. Specifically, the bill encourages the Secretary of Defense to partner with interagency organizations, including the Center for Arctic Security and Resiliency and the Joint All Domain Weather Operations Center, to coordinate federal agency planning for Arctic operations as well as testing of systems to support Arctic operations.
    Support Israel’s Defense Against Emerging Threats: Peters secured funding in the bill to help increase U.S. collaboration with Israel to develop emerging defense technologies to meet the warfare challenges of the future. Peters also secured a provision that would establish a cooperative program between the U.S. and Israel for advancing C-UAS technologies and joint research. Peters introduced bipartisan legislation last Congress to bolster collaboration between the United States and Israel on emerging technologies.
    Strengthen Efforts to Combat Anti-Tunneling Activity: The bill authorizes additional funding to strengthen current collaborative efforts between the U.S. and Israeli Defense Forces (IDF) to combat Hamas and strengthen anti-tunneling activity in the Gaza strip. As part of the DOD’s collaboration with the IDF, Israel shares its counter-tunnel technology with the DOD and Department of Homeland Security to combat growing threats at our borders, as well as similar threats faced on the Korean Peninsula and in multiple locations in the Middle East. 
    Support for Taiwan: This bill would strengthen security cooperation across the defense industrial bases of U.S. allies and partners in the Indo-Pacific, including Taiwan. The bill would support Taiwanese defense needs and strengthen U.S.-Taiwanese defense collaboration. The bill would also direct the Defense Department to assess Taiwan’s critical digital infrastructure and identify potential actions to help strengthen it.
    Counter Chinese Communist Party Aggression: The bill includes numerous provisions to counter aggression from the Chinese government, including a provision requiring a report on the intelligence capabilities of the People’s Republic of China and the Russian Federation in the Republic of Cuba.

    MIL OSI USA News

  • MIL-OSI USA: As Member of Armed Services Committee, Peters Helps Advance Strong National Defense Bill to Bolster Michigan’s Defense Capabilities

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    WASHINGTON, DC – As a member of the Armed Services Committee, U.S. Senator Gary Peters (MI) helped advance the annual National Defense Authorization Act out of committee. Peters successfully authored and secured provisions in the bipartisan bill to strengthen U.S. national security, invest in Michigan’s military facilities and robust defense sector, support our nation’s long-term strategic efforts to combat aggression by adversaries like China and Russia, fund initiatives to clean up PFAS contamination, and give our servicemembers a pay raise. The bill now advances to the full Senate for consideration.
    “Across Michigan, our servicemembers, defense manufacturers, and top-notch military installations play an essential role in keeping our nation safe and secure,” said Senator Peters. “I was proud to secure investments in this bill to bolster those defense assets and capabilities, while supporting statewide economic growth. This bill also helps us meet the rising threats posed by our adversaries like China and Russia to protect both folks at home and our troops serving around the world.”
    The National Defense Authorization Act sets annual policy for the Department of Defense (DOD) and has been signed into law for more than 60 consecutive years. 
    Peters led or supported the following provisions, including authorizing more than $18 million in funding for Michigan’s military facilities: 
    Investing in Michigan’s Military Facilities
    $9 million for Runway Improvement at Selfridge Air National Guard Base: This funding would allow for runway improvements at Selfridge Air National Guard Base in Macomb County to prepare for basing of future missions, including the KC-46 Tankers and F-15EX fighter jets that were announced for Selfridge following years of persistent work and advocacy by Peters. 
    $5.2 million to Construct Two New Taxiways at Selfridge: This funding would support the construction of two new taxiways at Selfridge to prepare for basing of future missions including Selfridge’s two missions. This includes $2.8 million for the construction of Taxiway Alpha and $2.4 million for the construction of Taxiway Bravo.
    $4.4 million for Camp Grayling All-Domain Warfighting Training Complex: This funding would kickstart the Camp Grayling All-Domain Warfighting Training Complex (ADWTC) critical for military training exercises like Northern Strike. The ADWTC provides a state-of-the-art facility where servicemembers can plan, lead, and execute realistic training. The ADWTC is critical for growing military training exercises like Northern Strike and ensuring this critical exercise remains the premier training exercise in the country.
    Permanent Funding for Northern Strike: Peters secured report language urging permanent funding for the annual Northern Strike Exercise, which is the largest all-domain reserve forces exercise. Northern Strike provides a realistic training environment and robust training experiences for units and leaders to strengthen joint all-domain warfighting – and helps keep Michigan central to our national defense operations.
    Bolstering Collaborative Combat Aircraft Production: Senator Peters secured language in the bill that directs the Air Force to move forward with initial full-scale production of Collaborative Combat Aircraft (CCA). Peters has pushed forand secured language to support the development and integration of CCAs, including during a hearing last year with the former Secretary of Defense and a recent hearing with the current U.S. Air Force Secretary. As a member of the Senate Appropriations Committee, Peters has also secured language to help position Selfridge Air National Guard Base as a potential location for CCA fielding. He led a provision included in recent government funding legislation requiring a report regarding basing criteria of CCAs. This report will include an evaluation of whether existing Air National Guard bases with legacy fighter missions, such as Selfridge, may be appropriate locations for the basing of CCAs.
    Connected Vehicle Cybersecurity Center at Selfridge: Peters led a provision in the bill underscoring the growing threat of cyberattacks on both manned and unmanned military vehicles and platforms, as well as critical infrastructure that interacts with advanced vehicles. The provision recognizes the work of the Army Ground Vehicle Systems Center (GVSC) in Warren, Michigan to identify cyber vulnerabilities to secure joint ground vehicle platforms and prevent cyberattacks on critical infrastructure. The bill encourages vehicle cybersecurity at places like GVSC who is working to establish its Connected Vehicle Cybersecurity Center, which will also be located in Michigan at Selfridge Air National Guard Base. In addition to supporting our Armed Forces and servicemembers, the Connected Vehicle Cybersecurity Center will support Michigan’s auto industry and help establish Southeast Michigan as a hub for all auto-cyber activity in the country. Peters has continuously used his role on the Armed Services Committee to support the GVSC, and recently warned DOD officials about the consequences of potential cuts at the GVSC.
    Emergency Response Authority Act: Peters successfully secured an amendment to give states more flexibility in deploying Army Guard and Reserve (AGR) personnel with specialized skills for emergency response. This proposal would allow AGR forces to respond to state declared emergencies, such as floods, hurricanes and other natural disasters, for a total of 14 days per person. This provision empowers states to respond to major disasters more quickly and effectively.
    Supporting Our Servicemembers and Their Families
    Pay Raise for Servicemembers: This bill includes pay raises of 3.8 percent for military servicemembers. 
    Addressing PFAS Contamination
    Improving Transparency of PFAS Cleanup & Remediation Efforts: Peters successfully included a provision that requires DOD to submit annual reports detailing site-specific funding, progress, and barriers for all interim PFAS remediation and cleanup efforts. This includes timelines, performance metrics, and the status of the actions. Peters’ provision also requires DOD to create a public online dashboard within one year to display updated PFAS cleanup data, funding, timelines, and community points of contact. Peters has worked with communities across Michigan for years on PFAS remediation efforts. Peters convened the first-ever hearing on PFAS contamination in the Senate, and convened a field summit in Grand Rapids in November 2018 to shine a light on how local, state and federal governments are coordinating responses to address PFAS contamination. He has also passed numerous bills into law to help address PFAS contamination and protect Michiganders. Michigan is home to a number of military installations where PFAS contamination has been detected, including Camp Grayling and the former Wurtsmith Air Force Base in Oscoda.
    Ensuring Access to Clean Drinking Water for Communities Affected by PFAS Contamination: The bill contains a Peters led initiative to direct DOD to provide bottled water to communities with private drinking water wells with high levels of PFAS contamination as a result of DOD activities. 
    Supporting Michigan’s Defense Sector
    Bolstering Infantry Squad Vehicle Production: The bill also authorized $34.4 million to maintain continued production and fielding of General Motors (GM) Defense’s Infantry Squad Vehicle (ISV). GM Defense conducts its testing, research, and development of projects at the Milford Proving Ground in Oakland County, where two of its key programs of record were conceived, and employs over 50,000 people in Michigan.
    Supporting Munition Production in Grayling: The bill includes $31.9 million to support production of the Army’s Individual Assault Munitions (IAM), which will soon be made at a new production facility being constructed in Grayling, Michigan. This new facility is expected to employ 70 people in 2025 and expand to an estimated 100 employees by 2027. 
    Boosting Made in Michigan Ground Vehicle Production: The bill authorizes robust funding for the Army to produce new, modernized Strykers as well as Abrams tanks. This funding would help ensure that Made in Michigan testing and development of ground vehicles like the Strykers are operating with cutting edge technology designed to keep our servicemembers safe.
    Bolstering Military Aircraft Engine Industrial Base: Peters secured a provision that requires the Secretary of Defense to provide a roadmap for bolstering our military aircraft engine industrial base to support existing and planned platforms. 
    Expanding Fuel Cell Use: This provision Peters secured authorizes $5 million for research and development of multi-modular fuel cells, primarily to be used in electric vehicle charging stations and mobile generators. This research will help increase the reliability of power for military installations and improve DOD’s energy management and efficiency plans. 
    Strengthening Cybersecurity and Advanced Technology Capabilities
    Protecting Against Phishing Attacks: This report language, secured by Peters, requires DOD to issue a strategy on implementing the adoption of phishing-resistant authentication across the Department. There has been an increase in phishing attempts targeting officials at DOD to retrieve personal information that allows hackers and foreign adversaries to gain access to delicate national security information. This provision would ensure that DOD takes steps to protect sensitive national security information and protect American lives.
    Preventing Manipulation of DOD-Generated Media: Peters secured an amendment he led which would require DOD to implement digital content provenance across the Department. Digital content creation, editing, and distribution tools are increasingly more accessible, and can be easily weaponized against the U.S. by our foreign adversaries who seek to threaten our national security, spread anti-American propaganda, and weaken our institutions. The amendment would help prevent DOD media content from being manipulated and used maliciously against our country by creating a pilot program to implement authenticity information on DOD-generated media. This builds on Peters’ bipartisan Digital Defense Content Provenance Act, which he secured in a previous national defense bill and requires DOD to create a course at the Defense Information School to teach personnel about the threats posed by synthetic media such as deepfakes, as well as emerging technologies and key concepts of digital content provenance. The bill also created a pilot program at DOD to assess the feasibility of establishing content standard technologies on DOD-produced and owned media content.
    Strengthening U.S. Cyber Workforce: Peters secured a provision that would require a report on the implementation of the DOD Cyber Workforce Strategy. DOD has struggled to attract and retain a skilled cyber workforce. The DOD Cyber Workforce Strategy was designed to identify difficulties and provide specific activities to increase applications and retainment of the cyber workforce, both military and civilian. A skilled DOD cyber workforce benefits all Americans.
    Enhancing DOD Weapons Systems to Protect Against Real-Time Cybersecurity Threats: The bill includes specific directives for the DOD to enhances its weapons systems with technology to track cybersecurity threats. This will all for weapons systems at Military bases in Michigan and across the country to track cyber threats in real time and constantly update the health and security of their cybersecurity operations. 
    Developing U.S. Unmanned Aircraft System (UAS) Capabilities: The bill would provide increased funding for the development of new and innovative design and production of low-cost, uncrewed systems. The bill would also require a strategy to develop a secure domestic supply chain of critical components for small UAS systems.
    Advancing Counter-UAS Technologies: The bill would authorize increased funding for various counter-UAS activities, and require a strategy for countering drone technologies and assessing resources or authorities needed for drone incursion response to ensure we are equipped for the future of warfare. It would direct the Army, Navy, and Air Force to provide briefings on their respective service plans for counter-UAS capabilities. 
    Supporting U.S. Security Interests Around the World
    Planning for Enhanced Operations in Artic Region: The bill includes a provision authored by Peters that recognizes the current geopolitical challenges and opportunities presented by the Artic region, and supports efforts to better understand the emerging need to enhance operations in the region. Specifically, the bill encourages the Secretary of Defense to partner with interagency organizations, including the Center for Arctic Security and Resiliency and the Joint All Domain Weather Operations Center, to coordinate federal agency planning for Arctic operations as well as testing of systems to support Arctic operations.
    Support Israel’s Defense Against Emerging Threats: Peters secured funding in the bill to help increase U.S. collaboration with Israel to develop emerging defense technologies to meet the warfare challenges of the future. Peters also secured a provision that would establish a cooperative program between the U.S. and Israel for advancing C-UAS technologies and joint research. Peters introduced bipartisan legislation last Congress to bolster collaboration between the United States and Israel on emerging technologies.
    Strengthen Efforts to Combat Anti-Tunneling Activity: The bill authorizes additional funding to strengthen current collaborative efforts between the U.S. and Israeli Defense Forces (IDF) to combat Hamas and strengthen anti-tunneling activity in the Gaza strip. As part of the DOD’s collaboration with the IDF, Israel shares its counter-tunnel technology with the DOD and Department of Homeland Security to combat growing threats at our borders, as well as similar threats faced on the Korean Peninsula and in multiple locations in the Middle East. 
    Support for Taiwan: This bill would strengthen security cooperation across the defense industrial bases of U.S. allies and partners in the Indo-Pacific, including Taiwan. The bill would support Taiwanese defense needs and strengthen U.S.-Taiwanese defense collaboration. The bill would also direct the Defense Department to assess Taiwan’s critical digital infrastructure and identify potential actions to help strengthen it.
    Counter Chinese Communist Party Aggression: The bill includes numerous provisions to counter aggression from the Chinese government, including a provision requiring a report on the intelligence capabilities of the People’s Republic of China and the Russian Federation in the Republic of Cuba.

    MIL OSI USA News

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network

  • MIL-OSI USA: FAA Awards Over $31 Million to North Dakota Airports

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)

    BISMARCK, N.D. – The U.S. Department of Transportation (DOT) Federal Aviation Administration (FAA) announced an award of $31,255,696 through the Airport Improvement Program (AIP) for projects at several airports across North Dakota. The funding will be distributed to the following:

    • $10,325,656 to the Bismarck Municipal Airport to reconstruct the existing lighting on Taxiway D and connectors D1, D2, and D3, as well as rehabilitating 4,308 feet of pavement. It also rehabilitates 7,403 feet of the existing paved Taxiways D and connectors D1, D2, and D3 to maintain the structural integrity of the pavements, constructs Runway 3/21 safety area at both Runway ends to enhance safety, and reconstructs 3,483 feet of safety area and the Runway 21 blast pad.
    • $10,000,000 to Fargo’s Hector International Airport to construct 25,070 square yards of apron and reconstruct 37,526 square yards of the existing Terminal Apron pavement.
    • $3,409,869 to Fargo’s Hector International Airport to expand the existing terminal by 35,245 square feet including four new gates.
    • $1,317,035 to the Cooperstown Municipal Airport Authority to construct a new 164 foot South Taxilane to provide airfield access to a non-exclusive hangar development area and rehabilitate 3,500 feet of existing paved Runway 13/31 to maintain the structural integrity and minimize foreign object debris.
    • $1,266,560 to the Cavalier Municipal Airport Authority to rehabilitate 3,300 feet of existing paved Runway 16/34 to maintain the structural integrity and minimize foreign object debris.
    • $1,121,492 to the Langdon Municipal Airport Authority to construct 1,411 feet and the new 1,739-foot Taxiway B.
    • $818,010 to the Wahpeton Airport Authority to install new lighting on Taxiway A.
    • $676,540 to the City of Mohall to construct new underdrains, storm drain, and lift station to mitigate ponding.
    • $626,848 to the Lakota Airport Authority to reconstruct 5,506 square yards of the existing North Apron pavement.
    • $335,781 to the Grafton Municipal Airport Authority to construct a new 4,828 square foot sponsor-owned hangar for aircraft storage.
    • $300,000 to the Adams County Airport Authority to reseal 1,217 feet of existing Taxilane North and South pavement and joints, reseal 6,500 feet of existing Taxiway A, Taxiway B, and Taxiway C pavement and joints, reseal 4,652 feet of existing Runway 12/30 pavement and joints, and reseal 15,420 square yards of existing center apron pavement and joints.
    • $300,000 to the Kenmare Airport Authority to replace existing snow removal equipment.
    • $300,000 to the Watford City Municipal Airport Authority to construct a new 2,700 square foot snow removal equipment and sand storage building.
    • $207,736 to the Tioga Municipal Airport Authority to reseal 1,800 feet of existing Taxiway A and connectors pavement and joints, reseal 1,000 feet of existing hangar Taxilane pavement and joints, reseal 5,102 feet of existing Runway 12/30 pavement and joints, and to construct and reseal additional General Aviation Apron pavement.
    • $150,126 to the Walhalla Municipal Airport Authority to construct a new 5,600 square foot sponsor-owned hangar for aircraft storage and maintenance.
    • $100,043 to the Mercer County Regional Airport Authority to reseal 275 feet of existing Taxilane pavement and joints, reseal 13,708 square yards of the existing North and South apron pavement and joints, reseal 1,420 feet of existing Taxiway A and B pavement and joints, and reseal 5,000 feet of existing Runway 15/33 pavement and joints.

    The FAA AIP provides funding to airports nationwide for planning, capital, and safety enhancement projects.

    MIL OSI USA News

  • MIL-OSI Canada: Minister Tim Hodgson at the Closing Press Conference,  2025 Energy and Mines Ministers’ Conference (EMMC), July 11, 2025

    Source: Government of Canada News

    Good afternoon, everyone. Bonjour.

    I want to begin by acknowledging the current wildfire situation in Manitoba, and particularly those from Snow Lake and Garden Hill who have been evacuated. The Canadian Armed Forces are on the ground assisting with these emergencies, and my heart goes out to every person in my home province currently affected. Your federal government is here to support you today and to rebuild with you when that time comes.

    At this pivotal time for Canada — a time when thirteen jurisdictions and the federal government are unified in a way I’ve never seen in my lifetime —  it was a privilege to co-chair my first Energy and Mines Ministers’ Conference as Federal Minister of Energy and Natural Resources.

    Thank you to my co-chair, Gilles Arsenault, for hosting this event — here in the birthplace of Confederation, no less. It’s hard to think of a better place to spend a few Canadian summer days than Charlottetown. 

    Over the past few days, federal, provincial and territorial partners came to the table for honest, forward-looking discussions.

    We also had productive exchanges with national and regional Indigenous leaders, and were privileged to hear their thoughts on how to transform how we think about Indigenous partnership in major projects.

    Let’s be clear: Indigenous Peoples are not just participants in our economy. They are rights holders. They are the original stewards of this land. They are governments. They are builders.

    If we are serious about retooling our economy, then economic reconciliation must be front and centre. 

    From advancing “one project, one review” to reducing duplication and advancing new infrastructure, the goals of this meeting were clear: we need to build faster; strengthen regional economies; advance economic reconciliation and clean growth; enhance Canada’s global competitiveness; and secure our rightful place as an energy and resource superpower.

    If this sounds ambitious, that’s because it is. But one government cannot do it alone. What is clear is we must work together as one Canada.

    On the federal side, to begin making this vision a reality just two weeks ago we passed the One Canadian Economy Act — a nation-building piece of legislation that will ensure Canada builds the strongest economy in the G7.

    It’s an important step toward improving Canadian productivity, growth, economic competitiveness and — crucially — regulatory certainty.

    That is an imperative, and an urgent one at that. 

    Because, let’s face it: Global economies and markets are more volatile than they have been at any time since the Second World War. President Trump’s tariffs are disrupting trade and impacting our natural resources, energy, mining, manufacturing and many other sectors.

    However, despite what the President may say, Canada has many important cards in these negotiations. And several of the most important ones are energy and natural resources. 

    At the G7, it was abundantly clear: Canada has the energy and minerals the world wants.

    That’s why, in Kananaskis, Canada led the way in forming an agreement to take decisive action to respond to supply chain vulnerabilities through the Critical Minerals Action Plan.

    This includes the recently announced Critical Minerals Production Alliance, which will help to mobilize capital, reduce our dependence on non-democratic suppliers and reward countries that, like Canada, mine the right way: with high environmental and labour standards.

    Following on that, at this year’s EMMC, Ministers agreed to identify priority critical minerals projects that could be leveraged by the Critical Minerals Production Alliance. This will further position Canada as a leader in disrupting non-allied dominance in the sector by de-risking projects, enhancing certainty and supporting economically viable production.

    We will also take steps to strengthen mineral titles policies to protect Canada’s mineral potential and national security.

    Finally, all thirteen jurisdictions and Canada agreed to work together to use AI together to strengthen Canada’s geoscience data assets to support critical mineral exploration and attract investment. After all, as the Prime Minister always says, we can give ourselves more than anyone else can take away, and that starts with the minerals beneath our feet. 

    To serve as a model, we partnered today with the Northwest Territories on a pilot project to scan, digitize and analyze drill cores from their collection to highlight new areas of high critical mineral potential, especially in the Northwest Territories’ Slave Geological Province, one of Canada’s most promising regions for mineral exploration and critical mineral development.

    These core scans and their associated data will be made available through a centralized digital platform, helping to reduce exploration risk, re-evaluate existing discoveries, spur investment and accelerate new mineral development — all without further land disturbance.

    We are also having advanced conversations with British Columbia and Ontario, and I expect to have more to share in the coming days on that.

    A key part of our discussions also centred around building major projects. There was consensus that we can — and must — do better together to get things built and grow our economy, both to access new markets and to furnish domestic resilience.

    To keep this momentum going, Energy and Mining Ministers will come together again in the fall to ensure progress on key initiatives, including designating projects of national interest under the One Canadian Economy Act.

    Let me close with this. Canada is, at its core, an energy and mining nation. It touches, in different ways, every single part of this country. 

    In 1858, the first major oil discovery in North America occurred in Oil Springs, Ontario, where James Miller Williams drilled the continent’s first commercial oil well, leading to incorporation of Canada’s first oil company. 

    Forty years later and further west, the Klondike Gold Rush drew tens of thousands north into the Yukon, a place most of the world saw simply as a frigid wilderness. But after less than ten years, the Yukon’s first hydro plant was developed to power the gold dredges near Dawson City. 

    At the time, hydroelectric power was just beginning to spread around the world globally. Yet Canada, with its rushing rivers and glacier-fed lakes, had already begun harnessing water to generate electricity. By 1910, we had become one of the largest producers of hydroelectricity in the world.

    Canadian ingenuity in harnessing hydropower was also taking off in Quebec and powering new industries that changed the face of the province. In 1901, the first ingot of Canadian aluminum was cast at the Shawinigan Aluminum Smelting Complex, the oldest still in existence in North America. Using hydroelectric power, industrial production at this complex on the Saint-Maurice River began a new era of heavy industry and established the long-standing alliance between the hydroelectric and aluminum industries.

    By the 1940s, Canada had added uranium to its growing portfolio, and mines in the Northwest Territories became essential to the Allied nuclear program in the Second World War, supplying uranium under top-secret agreements to support our fight against the Axis powers. Post-war, discoveries of significant deposits in Saskatchewan clinched our spot as a leader in mining and nuclear energy.

    Then came Alberta. It was 1947, and after drilling 133 dry holes in a row, Imperial Oil was about to abandon oil exploration altogether. Leduc No. 1, about 15 kilometres west of Edmonton and more than 80 kilometres from any previous drilling sites, was one of six “last-chance” wells for the company. 

    But when they struck oil there on a chilly February morning, it marked the dawn of Canada’s modern oil era — leading to further discoveries that transformed the province into a major oil producer and moved Canada away from relying on the U.S. and toward self-sufficiency.

    Smaller provinces have played outsized roles in this country’s energy and mining story. Prince Edward Island has emerged as a national leader in renewable power, with 99 percent of power generation on the island coming from wind farms. In fact, there are several times a year when P.E.I .is producing so much renewable energy that a province that has traditionally needed to import power becomes an energy exporter.

    I could go on and speak to how every single one of our thirteen provinces and territories has a story when it comes to energy and natural resources; but I don’t think anyone wants to hear me talk for that long.

    However, the reason I mention all of this is to show how deeply embedded energy and natural resources are in the story of Canada, a country I love deeply.

    That means I see my job as Minister of Energy and Natural Resources as not just about industries but also about national unity.

    As the Prime Minister says, we can give ourselves more than any country can take away.

    Our resources give us tinder and kindling. Our innovation and workers are the fuel. Now, it is time for all thirteen governments to come together and light the match to start the fire.

    To start to build big things again, in a responsible, environmentally conscious way. To use our resources to create prosperity that will lift all boats, so that every single Canadian — no matter where they live — can have a good education, a roof over their head, a stable job and, most importantly, a fair shot.

    We will act. We will deliver. And we will show results — for Canadian workers, for businesses and for communities.

    Canada will no longer be defined by delay but by delivery. Together, we will rise to the challenge.

    Thank you. Merci.

    MIL OSI Canada News

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

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

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network