NewzIntel.com

Category: Technology

  • MIL-OSI: Calian Reinforces Support for Canadian Armed Forces with $250M Contract Amendment

    Source: GlobeNewswire (MIL-OSI)

    OTTAWA, Ontario, July 08, 2025 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other strategic critical infrastructure sectors, today announced a $250 million amendment to its Health Care Provider Recruitment (HCPR) contract with the Department of National Defence (DND).

    This amendment reinforces Calian’s commitment to the Canadian Armed Forces (CAF) and its members—ensuring the continued delivery of essential health services to support their operational readiness and well-being. Since 2005, Calian’s work under the Health Support Services Contract—and since 2018, the Health Care Provider Recruitment (HCPR)— has delivered physicians, nurses, dentists and mental health professionals to CAF clinics across Canada and remains foundational to the health and preparedness of those who serve.        

    “We are proud to play a role in safeguarding the health of Canadian Armed Forces members,” said Kevin Ford, Calian CEO. “Operational readiness is rooted in resilience—and that starts with a healthy force. This work matters and we take pride in supporting the well-being of CAF members so they can focus on the mission.”

    The contract amendment activates a previously approved option. It consolidates unspent funds from Option Period 5 with planned funding for Option Period 6, ensuring uninterrupted delivery of care across CAF clinics, supporting both day-to-day readiness and deployment capability.

    The award contributes to Calian’s total contract backlog of $1.6 billion, two thirds of which is related to its defence business, supporting defence customers in Canada and internationally. This increase reflects the ongoing partnership between Calian and government and military organizations, as well as the continued trust in its services.

    For over two decades, Calian has been an innovative and reliable partner to Canada’s military. In an era of heightened global uncertainty, Calian’s delivery of integrated healthcare solutions remains a vital component in enabling the CAF to respond with strength and resilience.

    “This is more than a contract. It’s a commitment to those who serve our country. Our teams across Canada take that responsibility seriously” Ford added.

    Calian continues to support DND with mission-critical solutions, including healthcare, training and simulation, IT modernization and cybersecurity, satellite communications, and manufacturing and engineering. These solutions play a fundamental role in strengthening Canada’s defence posture, supporting the operational readiness of the CAF, and bolstering national resilience in an era of evolving threats.

    For more on Calian as a Canadian defence solutions partner, visit Calian’s Defence Solutions.

    About Calian

    www.calian.com

    We keep the world moving forward. Calian® helps people communicate, innovate, learn and lead safe and healthy lives. Every day, our employees live our values of customer commitment, integrity, innovation, respect and teamwork to engineer reliable solutions that solve complex challenges. That’s Confidence. Engineered. A stable and growing 40-year company, we are headquartered in Ottawa with offices and projects spanning North American, European and international markets. Visit calian.com to learn about innovative healthcare, communications, learning and cybersecurity solutions.

    Product or service names mentioned herein may be the trademarks of their respective owners.

    Media inquiries:

    media@calian.com

    613-599-8600

    Investor Relations inquiries:

    ir@calian.com

    DISCLAIMER

    Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as “intend”, “anticipate”, “believe”, “estimate”, “expect” or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company’s most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

    Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario · Canada · K2V 1C8
    Tel: 613.599.8600 · Fax: 613-592-3664 · General info email: info@calian.com

    The MIL Network –

  • MIL-OSI: Willis launches $200m facility to tackle global geopolitical uncertainty for cargo owners

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 08, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business (NASDAQ: WTW), has launched ‘Undercover’, a new $200 million facility, combining coverage for a range of geopolitical exposures faced by cargo owners worldwide.

    Developed by Willis in a joint proposition with specialist insurer, Markel, Undercover offers a unique approach to the risk transfer of cargo, war on land, terrorism, political violence and confiscation coverage, with sections of coverage selected based on the individual needs of the client. This single-facility approach minimizes coverage gaps and reduces the likelihood of claims disputes, as well as removing the need to establish the motivation for a claim.

    In challenging times of political instability, Undercover offers certainty of cover to cargo owners. It also provides protection from fluctuating insurance costs when country risk ratings change, as cargo cover is frequently provided on a global basis.

    Ben Abraham, Global CEO, Willis Marine, said, “In a period of heightened geopolitical risk, cargo owners face enormous uncertainty in fast changing situations. This innovative solution is the first that offers a clear, comprehensive approach to cover, offering the maximum certainty exactly when it’s needed and when the worst happens.”

    Brook Styles, Head of Cargo, Markel International said: “The transportation of goods is highly sensitive to geopolitical uncertainty, which has the potential to disrupt trade routes, increase operating costs and put pressure on the resilience of global supply chains. We’re therefore pleased to have launched this new product, which provides support to cargo owners by helping them navigate today’s complex geopolitical risk environment with added confidence, clarity and simplicity.” 

    For more information on the risks covered: https://www.wtwco.com/en-gb/solutions/products/undercover

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Willis is one of the oldest names in marine insurance having commenced as a marine broker in 1828. Our Global Marine team has 650+ marine risk and insurance specialists work together address the needs of the marine sector through innovative risk advice and customized solutions. Within Global Marine, our 200+ cargo insurance experts work within an industry practice framework to provide sector specific advice and a risk-centred solutions. Our teams collaborate to ensure our clients are getting the best of Willis across the geographies and sectors we serve.

    About Markel

    We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide. 

    Media Contacts

    Lauren David:
    Lauren.david@wtwco.com / +44 7385947619

    Candela Farroni:
    Candela.farroni@haggiepartners.com / +44 7795 155654

    The MIL Network –

  • Sensex gains 270 points; investors eye relief in India-US trade talks

    Source: Government of India

    Source: Government of India (4)

    The Indian stock markets closed higher on Tuesday, recovering from a flat opening after reports of a possible mini trade deal between India and the United States surfaced late last night.

    Markets opened under pressure as concerns over US President Donald Trump’s fresh tariff measures weighed on sentiment.

    At the end of the trading session, the Sensex gained 270.01 points or 0.32 per cent to close at 83,712.51, while the Nifty rose 61.20 points or 0.24 per cent to settle at 25,522.50.

    Financial heavyweights helped the Nifty and Nifty Bank end in the green. Kotak Bank led the gains, rising over 3 per cent after a strong first-quarter update.

    On the other hand, Titan was the top loser on the Nifty, slipping 6 per cent after reporting lower-than-expected growth in its jewellery segment.

    “Today marked the third consecutive session where the Nifty opened and closed within a narrow range of 25,400 to 25,500. This shows the market is waiting for a trigger before the next move at the index level,” said VLA Ambala, Co-Founder of Stock Market Today.

    “The market remains in an uptrend with no signs of reversal yet, but volatility is expected as crude oil, gold, and dollar prices may fluctuate depending on the outcome of Donald Trump’s trade deal,” she added.

    Sundar Kewat, Technical and Derivatives Analyst at Ashika Institutional Equity, Ashika Stock Broking, noted that despite global uncertainties triggered by Trump’s announcement of 25–40 per cent tariffs on 14 countries, Indian equity markets opened flat and traded largely sideways throughout the session.

    “Trump’s tariffs took centre stage on Monday as letters detailing the new duties were issued to 14 countries. Markets reacted moderately and did not panic like they did from April 2nd to 9th. Over the past 90 days, markets have become more resilient, looking past Trump’s policy ambiguity to actual measures,” Ajay Bagga, Banking and Market Expert, said.

    He further added, “The key takeaway on Monday was that the July 9th tariff imposition deadline has now been moved to August 1st, giving another 23 days for negotiations with the affected countries.”

    (ANI)

  • MIL-OSI United Kingdom: Championing maritime excellence: MCA leads UK Flag Forum 2025

    Source: United Kingdom – Executive Government & Departments

    Press release

    Championing maritime excellence: MCA leads UK Flag Forum 2025

    The Maritime and Coastguard Agency hosts this year’s UK Flag Forum event at the Queen Elizabeth II Centre in London.

    Autonomous vessels and alternative fuels are among the key maritime topics being discussed by ship owners, operators and regulators at this year’s UK Flag Forum.

    Hosted by the Maritime and Coastguard Agency at London’s Queen Elizabeth II Centre today (8 July), the event brings key figures from across the global shipping industry together to discuss the UK flag and strengthen its position as a world-leading flag state.

    The UK Flag Forum is a platform for shipowners, operators, regulators and policymakers to share insight and discuss issues and opportunities, including seafarer training, decarbonisation and navigational safety.

    The event was formally opened this morning by Virginia McVea, CEO of the Maritime and Coastguard Agency (MCA).

    Lord Simon Stevens, Chair of the MCA, provided a welcome address before a panel discussion on the Department for Transport’s Maritime Decarbonisations Strategy.

    Panellists include Deputy Director of UKSHORE Eamonn Beirne, Senior Sustainability Advisor at British Ports Association Rhona MacDonald and Philip Fullerton, Managing Director at Northern Marine Group Ltd.

    MCA Chief Examiner and Head of Seafarer Technical Delivery Ajit Jacob has been leading the day’s first seminar session on Seafarer Training, with MCA’s Maritime Autonomy Team Leader Katrina Kemp presenting on Maritime Autonomous Surface Ships (MASS).

    MCA’s Acting Director of Technical Operations Prasad Panicker has been speaking on Approvals for Alternative Fuels,

    This afternoon MCA Director of Maritime Futures Keith Johnstone will focus on Decarbonisation, with Deputy Director of Regulations and Standards Gwilym Stone leading a Near Coastal Workshop.

    MCA Assistant Director for UK Technical Services Navigation Richard Bell will be discussing Navigational Safety.

    Maritime Minister Mike Kane said: 

    I am thrilled to join the MCA at this year’s UK Flag Forum, which is so crucial in bringing key players in the sector together to discuss the issues facing the maritime industry.

    We are committed to the UK becoming a clean energy superpower, which is why earlier this year we set out a course to net zero shipping by 2050. Only by working together can we tackle the impact of shipping on our climate, create a greener sector, and deliver on our shared ambitions.

    MCA Director of UK Customer Maritime Services Lars Lippuner said: 

    The UK Flag Forum remains a vital platform for shaping the future of the UK maritime sector. By bringing together key stakeholders, we foster collaboration and drive meaningful progress during what is an exciting and pivotal time for our industry.

    Now more than ever, working together is essential, and we look forward to engaging with our customers; listening, discussing, and learning from them today.

    As both hosts and speakers, the MCA is proud to provide a platform for open discussion at the UK Flag Forum, with a strong emphasis on upholding the excellence of our world-class flag and the important work it represents.

    The event will be closed with a keynote speech by the Minister.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Castellum and AmpliTech Group Announce Execution of Reseller Agreement

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., July 08, 2025 (GLOBE NEWSWIRE) — Castellum, Inc. (NYSE-American: CTM) (the “Company” and “Castellum”) and AmpliTech Group, Inc. (Nasdaq: AMPG) (“AmpliTech”) are pleased to jointly announce that the Company’s newly formed product subsidiary, Castellum Advanced Technology Products, Inc., has entered into a reseller agreement (the “Reseller Agreement”) with AmpliTech to resell AmpliTech’s products to Castellum’s clients.

    “We are thrilled to partner with AmpliTech and be able to resell AmpliTech’s products, including their world-class low noise amplifiers,” said Glen Ives, Chief Executive Officer of Castellum. “Arrangements such as this one are exactly why we recently established our new subsidiary, Castellum Advanced Technology Products, Inc., to both partner with great companies such as AmpliTech and also develop our own products internally.”

    “Castellum is an excellent partner for AmpliTech to be able to further penetrate the government market,” said Fawad Maqbool, Chief Executive Officer and Chief Technology Officer of AmpliTech.  “We believe that combining Castellum’s top-quality C5ISR capabilities with AmpliTech’s products is a winning combination for customers looking to deploy next-generation communications technology.”

    About AmpliTech Group, Inc. (Nasdaq: AMPG)

    AmpliTech Group, Inc. (Nasdaq: AMPG), comprising five divisions—AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services – is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and ORAN 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please visit www.amplitechgroup.com.

    About Castellum, Inc. (NYSE-American: CTM):

    Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government – https://castellumus.com.

    Forward-Looking Statements:

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Words such as “will,” “would,” “believe,” and “expects,” and similar language or phrasing are indicative of forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to generate revenue from the Reseller Agreement, the Company’s ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget, operating under a prolonged continuing resolution, government shutdown, or breach of the debt ceiling, as well as the imposition by the U.S. government of sequestration in the absence of an approved budget; the ability of the U.S. federal government to unilaterally cancel a contract with or without cause, and more specifically, the potential impact of the U.S. DOGE Service Temporary Organization on government spending and terminating contracts for convenience. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in Item 1A. “Risk Factors” section of the Company’s recently filed Form 10-Q, Item 1A. “Risk Factors” in the Company’s most recent Form 10-K, and other filings with the Securities and Exchange Commission which can be viewed at www.sec.gov. These risks and uncertainties, or not closing the described potential equity financing in this press release, could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

    Castellum Contact:

    Glen Ives
    President and Chief Executive Officer
    Phone: (703) 752-6157
    info@castellumus.com
    https://castellumus.com

    The MIL Network –

  • MIL-OSI: RentRedi CEO Ryan Barone Named to Inman’s 2025 Future Leaders in Real Estate List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — RentRedi, the fastest-growing landlord software that makes renting easy for everyone, has announced that its Co-founder and CEO Ryan Barone was named to Inman’s Future Leaders in Real Estate list in the Technology & Data category. The award recognizes trailblazers who are reshaping the future of real estate through visionary leadership, innovation, and measurable impact.

    Recognized as an emerging leader transforming the real estate industry by forging new paths and redefining what’s possible, Barone’s inclusion in the Technology & Data category reflects his success in leveraging technology to deliver powerful tools to independent landlords and renters nationwide.

    Barone launched RentRedi after a frustrating experience trying to rent an apartment as a college student. What began as a tenant-focused app quickly evolved into a full-scale platform that addresses the needs of both landlords and renters. Today, RentRedi automates the entire renting lifecycle—listings, tenant screening, lease signing, rent collection, maintenance, and accounting—enabling landlords to manage properties remotely from anywhere in the world via web or mobile app.

    “Our mission is to become the go-to intelligence platform for smart landlords, empowering them to grow their businesses, gain financial freedom, and save time through automation and data-driven decisions,” said Barone. “At the same time, we’re helping landlords and tenants build stronger relationships and transforming the rental experience into one that works better for everyone.”

    RentRedi has earned a reputation as one of the most innovative and impactful companies in real estate technology, thanks in large part to its unique approach: releasing features based directly on user feedback and data-driven insights. Recent notable innovations include:

    • Credit Boost – The first rent reporting feature of its kind to report on-time rent payments to all three major credit bureaus (Equifax, Experian, TransUnion), helping tenants build credit and encouraging timely payments.
    • Accelerated Payouts – The only platform offering 2-day funding and same-day rent settlements included in its flat-rate pricing—no premium subscription required.
    • Custom Website Builder – Directly within the RentRedi platform, landlords can easily create branded and customized professional listing websites without requiring technical expertise, helping them stand out in a competitive market.
    • Real-Time Guidance from Real Data – Market and data insights like tenants using autopay pay on time 99% of the time (compared to 88% without it), and landlords using RentRedi’s screening process see on-time payments 17 days earlier on average show landlords how to optimize their businesses. Meanwhile, landlord surveys inform the industry on key trends and sentiments.

    By surfacing these kinds of metrics, RentRedi empowers landlords to take action to improve operations, strengthen tenant relationships, and grow their rental businesses. Barone’s leadership has turned RentRedi into not just a software tool, but a partner in success.

    With tens of thousands of landlords and hundreds of thousands of renters using the platform, RentRedi is redefining the landlord-tenant experience. Under Barone’s guidance, the company continues to transform the industry with a “need-to-have, not nice-to-have” philosophy that prioritizes simplicity, usability, and results.

    Earlier this year, RentRedi was also named to HousingWire’s 2025 Tech100 list, which celebrates the most innovative technology companies in housing. Together with Inman’s recognition of Ryan Barone as a Future Leader in Real Estate, these honors underscore how Barone’s vision and RentRedi’s user-driven, data-informed approach are setting new standards for what’s possible in rental housing.

    About RentRedi

    RentRedi offers an award-winning, comprehensive property management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. Investors can quickly grow their rental businesses by using RentRedi’s all-in-one web and mobile app for rent collection, market listings, tenant screening, lease signing, maintenance coordination, and accounting. Tenants enjoy the convenience and benefits of RentRedi’s easy-to-use mobile app that allows them to pay rent, set up auto-pay, build credit by reporting rent payments to all three major credit bureaus, prequalify and sign leases, and submit 24/7 maintenance requests.

    Founded in 2016, RentRedi is VC-backed and a proven leader in the PropTech market. The company ranks No. 180 on the Inc. 5000 list and No. 13 on the Inc. 5000 Regionals list. It was also named an Inc. Power Partner in 2023 and 2024, and to Fast Company’s Next Big Things in Tech list in 2024, as well as HousingWire’s Tech100 list in 2025. To date, RentRedi has more than $28 billion in assets under management with nearly 200,000 landlords and tenants using its platform. The company partners with technology leaders such as Zillow, TransUnion, Experian, Equifax, Realtor.com, Lessen, Thumbtack, Plaid, and Stripe to create the best customer experience possible. For more information visit RentRedi.com.

    The MIL Network –

  • MIL-OSI Banking: Thales reinforces its leadership in eSIM and IoT connectivity with a ‘ready to use’ certified solution

    Source: Thales Group

    Headline: Thales reinforces its leadership in eSIM and IoT connectivity with a ‘ready to use’ certified solution

    With over 5.8 billion IoT cellular connections expected globally by 2030 (GSMA Intelligence), businesses and industries face growing pressure to deploy connected devices at scale — securely and efficiently. The SGP.32 IoT specification has been designed specifically to meet the unique needs of IoT devices by simplifying remote connectivity activation while maintaining high levels of trust. And more specifically, the GSMA eSA certification ensures that the eSIM product (hardware, firmware, OS, and cryptographic libraries) complies with strict security and functional requirements, recognised across the global mobile ecosystem.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Thales reinforces its leadership in eSIM and IoT connectivity with a ‘ready to use’ certified solution

    Source: Thales Group

    Headline: Thales reinforces its leadership in eSIM and IoT connectivity with a ‘ready to use’ certified solution

    With over 5.8 billion IoT cellular connections expected globally by 2030 (GSMA Intelligence), businesses and industries face growing pressure to deploy connected devices at scale — securely and efficiently. The SGP.32 IoT specification has been designed specifically to meet the unique needs of IoT devices by simplifying remote connectivity activation while maintaining high levels of trust. And more specifically, the GSMA eSA certification ensures that the eSIM product (hardware, firmware, OS, and cryptographic libraries) complies with strict security and functional requirements, recognised across the global mobile ecosystem.

    MIL OSI Global Banks –

  • WaveX launches ‘Kalaa Setu’ challenge to boost AI-driven multilingual content generation

    Source: Government of India

    Source: Government of India (4)

    In a significant step towards strengthening inclusive digital communication, the Ministry of Information and Broadcasting has launched the ‘Kalaa Setu – Real-Time Language Tech for Bharat’ initiative under its WaveX Startup Accelerator Platform. The programme invites India’s leading AI startups to develop innovative solutions for real-time multilingual and multimedia content generation aimed at enhancing public outreach in governance.

    As India’s digital governance ecosystem expands, the need for prompt, effective, and localised communication with citizens has become increasingly important. Traditional content creation processes often struggle to meet the demands of scale and linguistic diversity across the country. In this context, the ‘Kalaa Setu’ challenge seeks to harness the potential of artificial intelligence to bridge language barriers and deliver information to the last mile.

    Under this initiative, startups have been invited to develop indigenous, scalable solutions capable of generating audio, video, and graphic content from text inputs in multiple Indian languages. The challenge focuses on three key areas: text-to-video generation for creating contextualised video content, text-to-graphics generation for producing infographics and illustrations, and text-to-audio generation using advanced voice synthesis technology to deliver regionally relatable speech content.

    Officials said the solutions developed under ‘Kalaa Setu’ will help public communication bodies to dynamically convert official information into locally relevant formats, such as infographic visuals, video explainers, and audio news capsules, in real time. This will benefit various sections of society, including farmers, students, and senior citizens, by providing them timely updates in languages they understand best.

    Startups can submit their applications for the challenge through the WAVEX portal (https://wavex.wavesbazaar.com) under the ‘Kalaa Setu’ category. Applicants must submit a working Minimum Viable Concept by 30th July, 2025. Shortlisted teams will present their solutions before a national jury in New Delhi. The winning team will receive support for full-scale development, pilot opportunities with All India Radio, Doordarshan, and PIB, as well as incubation under the WaveX Innovation Platform.

    Earlier, the Ministry had also launched the ‘Bhasha Setu’ challenge on 30th June, 2025, aimed at real-time language translation. Startups can apply for the ‘Bhasha Setu’ challenge till 22nd July, 2025 through the same portal.

    These initiatives are part of the Government of India’s larger push to promote AI-driven technologies for inclusive and effective governance. By supporting home-grown innovations in multilingual communication and translation, the government aims to ensure that every citizen, regardless of language or region, has timely access to information.

    WaveX, launched under the Ministry’s WAVES initiative, serves as a dedicated startup accelerator to encourage innovation in media, entertainment, and language technologies. Earlier this year, the platform provided over 30 startups an opportunity to pitch their ideas at the WAVES Summit in Mumbai. 

  • MIL-OSI Asia-Pac: Opening remarks by Permanent Secretary for Financial Services and the Treasury (Financial Services) at Deloitte’s Digital Asset Forum (English only) (with photos)

    Source: Hong Kong Government special administrative region

    Opening remarks by Permanent Secretary for Financial Services and the Treasury (Financial Services) at Deloitte’s Digital Asset Forum (English only)  
    Eliza (Senior Advisor of Deloitte China Dr Eliza Chan), Duncan (Legislative Council member (Technology and Innovation) Mr Duncan Chiu), Robert (Hong Kong Digital Asset leader of Deloitte China, Mr Robert Lui), friends from the digital asset sector, ladies and gentlemen,
     
         The Forum today is very timely, as we are standing at a pivotal moment when economies worldwide are striving to chart the course for digital assets and oversight of their use. Hong Kong has been working diligently to stay ahead of the curve in building an ecosystem for the healthy development of the digital asset sector.
     
         As you know, back in 2022, we announced our first policy statement on digital assets, or virtual assets at the time, setting out our vision to create that comprehensive ecosystem under the principle of “same activity, same risks, same regulation”. Then in June 2023, we put in place a licensing regime for digital asset trading platforms. Now we have a total of 11 licensees with local and international backgrounds. Nine exchange-traded funds with digital underlying assets have also been listed. In May this year, with the support of the Legislative Council, we enacted the Stablecoins Ordinance, making Hong Kong one of the few economies in the world to have a comprehensive law in place on stablecoin issuance. The Ordinance is scheduled to come into effect on August 1, and the Hong Kong Monetary Authority will begin to accept licence applications.
     
         This solid groundwork serves as a springboard for the next phase of digital asset development in Hong Kong. The “LEAP” framework or metaphor embodied in the second policy statement issued on June 26 conveys a proactive and forward-looking approach. To recap, “L” stands for legal and regulatory streamlining, “E” for expanding the suite of tokenised products, “A” for advancing use cases and cross-sectoral collaboration, and “P” is people and partnership development. These are linked to Hong Kong’s unique advantages as an international financial centre, including our comprehensive legal system, sophisticated financial market and infrastructure, close connection with the international markets, and a wealth of professional talents.
     
         A lot of you are interested in the application scenarios or the “E” and “A” in the statement. A lot can be said on this. For now, I believe that as a well-developed financial market with a wide range of financial instruments and assets available for trading, Hong Kong has great potential to promote tokenisation of RWA (Real-World Assets). For example, Hong Kong is in a very good position to develop tokenised government bonds, building on our two landmark tokenised government green bond issuances in the past two years and Hong Kong’s status as a leading bond issuance hub in Asia. The first batch totalling HK$800 million issued in 2023 was the first tokenised green bond issued by a government entity. The second batch, issued in 2024 denominated in Renminbi, Hong Kong dollars, Euro and US dollars and totalling close to HK$6 billion equivalent, was the world’s first multi-currency digitally native green bonds. As announced in the 2025-26 Budget, the Government will regularise the issuance of tokenised bonds.
     
         I am sure that there are many good ideas about RWA out there in the marketplace. To encourage market participation in developing use cases, thanks to Cyberport, a funding scheme has been launched to support the development of high-impact applications with potential to serve as future use case benchmark.
     
         On the legal regulatory front or “L”, right on the next day following the promulgation of the second policy statement, we launched a public consultation on the licensing regimes for digital asset dealing and custodian service providers. This is another big step in making the regulatory regime comprehensive, thus enabling us to manage the risks and harness the potential in different activities along the digital asset value chain, from issuance, trading and dealing, to post-trade custodian service. The two-month consultation period will end in late August. Do let us have your views.
     
         On the people and partnership front or “P”, we value stakeholder engagement, and we walk the talk. At the policy level, the Financial Secretary is chairing the Task Force on Promoting Web3 Development. At the regulator level, the Securities and Futures Commission has established a consultative panel focusing on market and regulatory issues. The panel just held its second meeting yesterday. Fora like the one today will certainly provide useful feedback for our work.
     
         Our policy stance on digital assets is clear. We strive to embrace financial innovations so as to capture their potential benefits, but at the same time we need to put in risk management guardrails with emphasis on investor protection and user education. With this, we look forward to hearing your feedback, and I wish you fruitful discussions. Thank you.
    Issued at HKT 18:40

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI: Hyperscale Data Reports Approximately $11.2 Million in Bitcoin Mining Revenue Year to Date, Including Approximately $1.5 Million for June 2025

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 08, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”) received approximately 13.7 Bitcoin in the month of June 2025 and approximately 103.7 Bitcoin year to date (through June 30, 2025) from the mining pool to which Sentinum provides hash calculation services. Revenue is calculated daily based upon the number of Bitcoin earned that day at the value of Bitcoin on such date.

    As previously announced, Sentinum entered into a hosting services agreement with a service provider in Montana to provide Sentinum with operations and asset management services and access to approximately 20 megawatts (“MWs”) of energy capacity and other critical infrastructure to be used for Sentinum’s Bitcoin mining operations. Sentinum has delivered approximately 6,800 Antminers (“Antminers”) to the service provider’s data center, which have been installed and are ready for operation. In addition, Sentinum recently completed the reenergizing of approximately 10 MWs of power at its Montana facility and resumed Bitcoin mining operations, with approximately 2,600 Antminers operational today, which is anticipated to be increased to approximately 3,200 Antminers by the end of July 2025.

    “The activation of two additional Bitcoin mining sites marks a significant step forward for our Bitcoin mining operations, with approximately 18,200 Antminers operational,” said William Horne, CEO of Hyperscale Data. “With approximately $11.2 million in year-to-date Bitcoin mining revenue, and a significant increase in expected topline revenue for the third and fourth quarters of 2025, we’re demonstrating the strength of our infrastructure and the momentum behind our strategy. We remain committed to maximizing efficiency and delivering long-term value to our stockholders.”

    Hyperscale Data notes that all estimates and other projections are subject to the volatility in Bitcoin’s market price, the fluctuation in the mining difficulty level, the ability to deliver and provide the necessary power for miners, the obligation to deliver Bitcoin mined as payment towards fees and deposits until paid in full, full utilization of the miners, which includes the right of our service provider to turn off Antminers when energy prices are unfavorable for Bitcoin mining, and other factors that may impact the results of Bitcoin mining production or operations. In addition, Hyperscale Data cautions that revenue will only be recognized to the extent that Bitcoin (or cash upon the sale of Bitcoin) is deposited into our account, which amount will be less than the value of all Bitcoin mined.

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

    About Hyperscale Data, Inc.

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

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI Russia: Innovations in Materials Science. International Conference Held at Polytechnic University

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    From July 4 to 6, the Polytechnic University hosted the international scientific conference “Implementation of Innovations. New Materials and Additive Technologies” (VINMiAT-25). Scientists and experts in the field of materials science discussed the latest achievements in the creation of new materials and equipment design.

    The organizers were the Ministry of Science and Higher Education of the Russian Federation, the Russian Academy of Sciences, the National Academy of Sciences of Belarus, PJSC Gazprom and SPbPU.

    The conference considered modern achievements of science and technology in the field of physical and chemical processes for obtaining new materials and designing technological equipment, problems of implementation and commercialization of innovative technologies of the country’s fuel and energy complex, as well as new approaches to solving urgent problems in modern materials science.

    The plenary session was held in the research building of Technopolis Polytech. It was opened by the rector of SPbPU, academician of the Russian Academy of Sciences Andrey Rudskoy.

    I am pleased to welcome you to the international scientific conference “Implementation of Innovations. New Materials and Additive Technologies”. This significant event brought together leading representatives of the scientific community, experts in the field of materials science, as well as students and postgraduates. I am confident that the results of our joint work will find practical application in various industries, contributing to the technological development of our country,” noted Andrey Rudskoy.

    The Deputy Head of Department of PJSC Gazprom, Maxim Nedzvetsky, gave a welcoming speech, expressing gratitude to the Polytechnic University for the excellent organization and emphasizing the relevance of the issues discussed.

    At the plenary session, Director of the Institute of Mechanical Engineering, Materials and Transport of SPbPU Anatoly Popovich made a report on the experience and prospects for the development of additive and laser technologies. As the chief designer of the Scientific and Technical Complex “New Materials, Technologies, Production” within the framework of the project “Strategic Technological Leadership”, Anatoly Popovich paid special attention to the manufacture, repair and restoration of components of power engineering in various ways. He also assessed the prospects for the development of the additive technology industry.

    Head of the Department of PJSC Gazprom Viktor Seredenok spoke about the implementation of innovative projects in the company. Associate Professor of the Higher School of Physics and Technology of Materials of the Institute of Metallurgical Engineering and Technology Oleg Panchenko gave a report “New Technological Approaches in Welding”. He presented a number of technologies that are being implemented at the Polytechnic University. These are electric arc welding with a consumable electrode with cold metal transfer and a non-consumable electrode with a focused arc, manual laser welding, friction stir welding of steels, as well as process automation technologies.

    Head of the structural division of the Russian Quantum Center (International Center for Quantum Optics and Quantum Technologies) Anton Guglya devoted his speech to quantum and related technologies in the oil and gas sector. Deputy Chief Engineer for Additive Technologies at UEC Aviadvigatel Alexander Aksenov shared his experience of using additive technologies in the company.

    Representatives from Russia, Uzbekistan, Belarus and China participated in the conference. Their work was organized into several sections:

    nature-like materials and additive technologies for their production; welding and related technologies; technology for producing powder, composite materials and coatings; equipment, automation and robotics of innovative technologies; physical and chemical processes and innovative technologies in modern materials science; implementation of innovations in high-tech products at PJSC Gazprom.

    Specialists from the research laboratory “LiAT” of IMMiT SPbPU presented three reports. The research group analyzed residual deformations of a welded joint using different welding methods. The report presented the results of the influence of the welding method on the level of residual deformations, energy input and the width of the heat-affected zone, as well as on technical and economic characteristics.

    A separate presentation was devoted to the restoration of nozzle blades made of cobalt and nickel alloy using laser cladding. SPbPU scientists created a laser cladding technology and developed measures to prevent cracks. The cladding blades successfully passed operational tests.

    Mikhail Kuznetsov, Head of the Research Laboratory “LiAT” of IMMiT, presented a series of robotic systems for the implementation of laser welding, laser cladding and direct laser deposition processes in industrial production conditions. Among the developments are the mobile laser cladding system “Nomad”, direct laser deposition systems, as well as laser and hybrid laser-arc welding. Special attention was paid to the laser foil welding system and the system for applying a porous coating to hip joint cups. The participants’ attention was drawn to examples of the systems’ application for solving industrial partners’ production problems.

    Participation in VINMiAT-2025 is very important for understanding the development trend of industry and science in the field of additive technologies, as well as identifying points of contact for further interaction with industry, commented Mikhail Kuznetsov.

    At the sections, experts considered various issues: research into the mechanical properties of continuously reinforced nature-like polymer composites, development of biocompatible titanium-tantalum composites using selective laser melting, 3D printing of metal products using melt extrusion technology, implementation of innovations at Gazprom Transgaz Saratov, the procedure for admitting MTRs for use at Gazprom facilities, modern solutions in instrument making using machine vision and FDM technology, and much more.

    A cruise on a motor ship with an excursion program was organized for the conference participants. A meeting was held on board the motor ship, where reports were presented by representatives of PAO Gazprom and its subsidiaries, scientific and educational institutions and enterprises.

    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.

    .

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: InvestHK signs MOU with Xi’an Hi-Tech Zone to foster Shaanxi-Hong Kong partnership in empowering enterprises’ global expansion (with photos)

    Source: Hong Kong Government special administrative region – 4

         Invest Hong Kong (InvestHK) today (July 8) cohosted the “Shaanxi-Hong Kong Collaboration: Leveraging Hong Kong Strengths to Support Shaanxi Tech Companies in Going Global” seminar in Xi’an, Shaanxi Province, in collaboration with the Hong Kong and Macao Affairs Office of the Shaanxi Provincial People’s Government and the Shaanxi Association for Science and Technology. The event was also co-organised by the Hong Kong Economic and Trade Office in Chengdu (CDETO), the Hong Kong Special Administrative Region (HKSAR) Government’s Shaanxi Liaison Unit, Shaanxi Province Xixian New Area Development and Construction Management Committee, and the Xi’an High-Tech Industries Development Zone Management Committee.
          
         The Director of the CDETO, Mr Enoch Yuen; the Director-General of the Hong Kong and Macao Affairs Office, Shaanxi Provincial Government, Ms Yao Hongjuan; and Vice President of the Shaanxi Association for Science and Technology Mr Lv Jianjun delivered welcome remarks to guests and the media. Mr Yuen said, “The National 14th Five-Year Plan explicitly designates Hong Kong as an international innovation and technology hub, while Shaanxi serves as a key national base for technology and industry, with strong capabilities in energy and chemical engineering, equipment manufacturing, and aerospace, among others. Both Hong Kong and Shaanxi place great importance on the development of the innovation and technology industry, and frequent high-level exchanges between the two places have continued to deepen in recent years. We look forward to deeper collaboration, leveraging Hong Kong’s strengths in taxation, finance, and global connectivity, while combining them with Shaanxi’s strong industrial foundation and innovative vitality, to achieve a mutually beneficial partnership.”
          
         Ms Yao stated that efforts will be made to actively promote and deepen economic, trade, and investment co-operation between Shaanxi and Hong Kong, particularly in the fields of innovation and technology, as well as new quality productive forces. These efforts aim to help enterprises in both regions seize development opportunities and achieve complementary advantages. Mr Lv also delivered remarks at the event.
          
         One of the key highlights of the event was the signing of a Memorandum of Understanding (MOU) between InvestHK and the Xi’an High-Tech Industries Development Zone Management Committee, marking a solid step forward for Shaanxi and Hong Kong in promoting the international development of enterprises in the central and western regions.
          
         Xi’an High-tech Zone is one of the first national high-tech zones approved by the State Council. In 2024, Xi’an High-tech Zone ranked fifth in the country and first in the central and western regions in the comprehensive evaluation of national high-tech zones. The zone focuses on developing innovative industries such as optoelectronic information, smart manufacturing, biomedicine, automobiles, new materials and energy. It has successfully built two “hundred-billion-level industrial clusters” in the automobile industry and electronic information. At present, the zone has become the world’s largest production base for flash memory chips and new energy vehicles.
          
         Under the MOU, the Xi’an High-Tech Industries Development Zone Management Committee will encourage enterprises in the zone to utilise Hong Kong as a base for expanding overseas business. InvestHK will provide enterprises with information on the business environment and policies in Hong Kong, as well as support services for companies investing and operating in Hong Kong. The signing of this MOU establishes a structured collaboration framework, combining Hong Kong’s unique strengths as an international financial centre and Xi’an High-Tech Zone’s innovation capabilities to empower enterprises in accessing global resources efficiently and seizing early opportunities in international markets.
          
         The Head of the Go Global Unit/Business and Talent Attraction/Investment Promotion of Western China of InvestHK, Mr Jason Gan, and the Director of the Science and Technology Innovation Bureau of the Xi’an High-Tech Industries Development Zone, Mr Gao Yuntian, signed the memorandum of co-operation on behalf of their respective sides. Mr Gan said after the signing, “There are tremendous opportunities for co-operation between Shaanxi and Hong Kong in developing new quality productive forces and contributing to China’s high-quality development. As a vital bridge between the Mainland and international markets, Hong Kong has long been committed to providing comprehensive support for Mainland innovation-driven enterprises. We hope to further leverage the complementary advantages of the two places to assist high-quality enterprises in the zone to go global via Hong Kong, and work together to explore new innovative co-operation.”
          
         The Head of Innovation & Technology of InvestHK, Mr Andy Wong, delivered a keynote speech and highlighted Hong Kong’s competitive edge in the I&T sector. “We possess a number of competitive advantages in developing innovation and technology, including world-class academic research and talent, cutting-edge R&D infrastructure, robust intellectual property protection, and the strong support of the HKSAR Government. In 2024, InvestHK supported 120 innovation and technology companies to set up or expand in Hong Kong, making it the top sector among those we assisted. This reflects the international community’s confidence in and recognition of Hong Kong’s I&T development, and further affirms the city’s strategic role as a two-way platform between the Mainland and global markets. Hong Kong’s innovation and technology sector has recently made remarkable progress in several areas. For example, the first batch of regulatory sandbox pilot projects for the low-altitude economy has been launched, serving as a new engine for Hong Kong’s future development. In addition, the city’s new drug approval mechanism has been updated to accelerate the market entry of new pharmaceuticals. I sincerely hope that I&T enterprises in Shaanxi will seize the diverse opportunities offered by Hong Kong to expand into international markets,” he said.

         Senior Manager of the Leasing and Operations Department of Hong Kong-Shenzhen Innovation and Technology Park Limited Mr Tandy Tan and Associate Director of the Research and Innovation Office of Hong Kong Polytechnic University Mr Victor Zhao also shared the opportunities of the Hong Kong Innovation and Technology Center and highlighted Hong Kong’s R&D capabilities in empowering new quality productive forces raised from Hong Kong universities. Deputy Director of the Science, Technology Innovation and New Economy Bureau, Shaanxi Province Xixian New Area Ms Han Ping also shared the latest developments on Shaanxi’s I&T industry construction centre.
          
         This event featured a panel discussion with industry leaders from professional services in Hong Kong, especially in financial professional services. Guest speakers from Hong Kong Exchanges and Clearing Limited, HSBC and Deloitte Tax shared insights on how Hong Kong’s financial and professional services can accelerate Mainland firms’ global expansion.
          
         The seminar included a dedicated exchange session to provide on-site consulting services for corporate representatives interested in expanding to Hong Kong. The event attracted 190 representatives from Shaanxi enterprises, institutions and local media.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by CE at South China Morning Post China Conference 2025 (English only) (with photos/video)

    Source: Hong Kong Government special administrative region – 4

         Following is the speech by the Chief Executive, Mr John Lee, at the South China Morning Post China Conference 2025 today (July 8):

    Ms Catherine So (Chief Executive Officer of the South China Morning Post), Ms Tammy Tam (Editor-in-Chief of the South China Morning Post), Mr Steve Finch (President and Chief Executive Officer of Manulife Asia), distinguished guests, ladies and gentlemen, 

    Good morning. It’s a pleasure to join you here, once again, at the South China Morning Post’s annual China Conference – the 11th edition.

    More than 700 of you are here for this year’s gathering. Some 300s are joining us, virtually, at this forum for business, trade, finance, investment and technology. All of you keen on getting the latest intelligence and insights, developments and business opportunities – in Hong Kong, throughout China and beyond. 

    The theme of this China Conference is “Where Capital Meets Innovation” – an apt description of the strengths of China, our country, and how Hong Kong contributes to its rise. That provides the world with much-needed certainty, especially in this difficult time.

    This year’s international trade uncertainties, and chaos, may well continue amidst the rise of protectionism and unilateralism. The global economy is grappling with profound instability, escalating geopolitical risks and the wholesale reshaping of long-existing trading systems.

    In spite of a damaged global trade order, the expanding trade and capital flows of China, our country, help buoy the economy of the region and the world.

    The Mainland economy has sound fundamentals, a vast domestic market and the robust policies in place to withstand external challenges. In the first quarter of this year, the country’s GDP (Gross Domestic Product) grew by 5.4 per cent, and key economic indicators have kept improving since the beginning of the second quarter – simply said, China, our country, is well on its way to achieving the official growth target of around 5 per cent for 2025.

    As for Hong Kong, our economy expanded solidly by 3.1 per cent in the first quarter of 2025, supported by visible increases in exports and the resumption of moderate growth in overall investment expenditure. We forecast real GDP growth of 2 per cent to 3 per cent in this year.

    Last week, we celebrated the 28th anniversary of the Hong Kong Special Administrative Region’s establishment. That happy occasion was a welcome opportunity to thank our country for championing Hong Kong through the “one country, two systems” principle, as well as the national strategies and made-for-Hong Kong initiatives it supports us with.

    Last month, the World Competitiveness Yearbook ranked Hong Kong third in the world in global competitiveness, up two places from the previous year, and up four places from 2023.

    It marks Hong Kong’s return to the global top three for the first time since 2019, reflecting our commitment to change in face of today’s rising challenges.

    There’s a lot more to be grateful for. In April and May, Hong Kong’s merchandise exports showed double-digit, year-on-year growth, while visitor arrivals also brought double-digit, year-on-year increases in the second quarter.  

    And Hong Kong, in the first half of this year, has been the world’s largest IPO (initial public offering) fundraising market, raising over US$13 billion. That’s up a whopping 22 per cent, compared with the full-year figure last year.

    It speaks of Hong Kong’s long-standing appeal as a safe haven for Chinese and international capital and a bridge for global investors. 

    Hong Kong is, after all, the most internationalised city in the country. We offer the world a market-friendly business environment underpinned by the rule of law. We are the only common law jurisdiction in our country, with a legal system and regulatory regime similar to most global financial hubs. And we present business and investment advantages unmatched by any other city in the world.

    Last year, the total number of local registered companies reached its record high, surpassing 1.46 million. And the total number of non-local companies registered here also reached a record high, and was over 15 000. Both figures continue to show encouraging growth this year. 

    Since January 2023, Invest Hong Kong, our dedicated investment promotion agency, has assisted more than 1 300 Mainland and overseas companies in setting up or expanding their business in Hong Kong. These companies bring in foreign direct investment of over US$21 billion to our economy, creating over 19 000 jobs.

    When I assumed office as Chief Executive three years ago, I established the Office for Attracting Strategic Enterprises. My aim is to offer, through this Office, one-stop facilitation services and  tailor-made incentives to attract strategic enterprises to our city and foster innovation and economic growth. 

    The Office has brought in 84 strategic companies, from such high-tech industries as advanced manufacturing and new energy technology, AI and data science, fintech and life and health technology. The strategic companies will invest about US$6.4 billion in the next few years, creating over 20 000 jobs. 

    We also launched a new scheme in May this year to create a company re-domiciliation regime to attract companies to Hong Kong. It provides a convenient, safe and secure pathway for companies to re-domicile to Hong Kong. Different companies have already expressed their interest to the regime and two international insurance giants – as Mr Finch is surely aware – have announced they will officially re-domicile to Hong Kong. Good business always makes right decisions.

    These companies all gave their strong vote of confidence in the development of Hong Kong and the country, and will help attract a wealth of partners and related companies to this part of the globe.

    Another strong advantage Hong Kong offers to overseas companies here, old or new, is our easy access to the Mainland market. We are certainly a front runner in this regard. 

    That’s in no small part thanks to the Mainland and Hong Kong Closer Economic Partnership Arrangement, or CEPA, our de facto free trade agreement with the Mainland that provides preferential treatment to Hong Kong companies, facilitating smoother access to the Mainland’s vast market.

    A new amendment agreement under the CEPA Agreement on Trade in Services entered into force this March. It includes the removal of the qualifying period requirement on Hong Kong service suppliers in most sectors, meaning our many new companies can also benefit from the arrangement’s facilitation measures in accessing the Mainland market.

    Together with new initiatives that allow Hong Kong-invested enterprises to adopt Hong Kong law and choose Hong Kong as the seat for arbitration in their operation in a range of Mainland cities, CEPA provides a wide range of innovative enhancements that help a world of investors better capitalise on China’s growth opportunities, with the help of Hong Kong’s world-class professional services.

    Then there’s technological innovation, including artificial intelligence. AI advancements are transforming production, business and consumption patterns. They are redefining the core competitiveness of economies.

    These trends create new opportunities for Hong Kong, particularly in our deepening integration with the Guangdong-Hong Kong-Macao Greater Bay Area, a cluster city development that brings together Hong Kong, Macao, and nine southern cities on the Mainland.

    With a population exceeding 87 million and a GDP of more than US$2 trillion last year, similar to the size of the 10th largest economy in the world, the Greater Bay Area is among the most open and economically vibrant regions in the country. 

    The Shenzhen-Hong Kong-Guangzhou science and technology cluster, which includes three of the Greater Bay Area’s core cities, has been ranked second, globally, for five consecutive years in the Global Innovation Index, published by the World Intellectual Property Organization. 

    Drawing together Hong Kong’s research capabilities and business competitiveness, as well as the Mainland’s innovation and advanced manufacturing prowess, the Greater Bay Area endeavours to become a world-leading I&T (innovation and technology) hub.

    One spectacular example is the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, an area that straddles our boundary with Shenzhen. It will develop into a cutting-edge advanced technology centre that converges the strengths of Hong Kong and Shenzhen. Last November, the HKSAR (Hong Kong Special Administrative Region) Government published the Development Outline for the Hong Kong Park in the co-operation zone.

    The Park’s first three buildings have been completed, and the Greater Bay Area International Clinical Trial Institute opened last November at Hong Kong Park.

    That’s just the beginning. Artificial intelligence, new energy vehicles, the low-altitude economy, fintech, and more, are thriving in the Greater Bay Area. And as the Park enters into the operational phase this year, more of these companies will be joining us.

    Beyond I&T, we have seen the successful introduction of a wide variety of policy initiatives with the Greater Bay Area, including measures for the two-way flow of talent, schemes for supporting youth innovation, entrepreneurship and employment, and policies to facilitate mutual travel.

    And the promise of further co-operation between Hong Kong and the rest of the Greater Bay Area and the Mainland is boundless.

    Ladies and gentlemen, when we talk of China’s might, many of us immediately look to the maiden visit to Hong Kong over the past weekend of the first domestically built aircraft carrier of China, our country, the Shandong. Although the fleet has just bid us farewell yesterday, the awe and pride it drew among the people of Hong Kong over its five-day visit will be long-lasting.

    More than a display of maritime strength, the fleet showcases our country’s commitment to peacekeeping and regional stability. And much like how the Shandong docked in our safe harbour, Hong Kong is where the country anchors its trust.

    In this era of fogged horizons, China does not just project power – it radiates investible stability. And Hong Kong is the “super connector” and “super value-adder” that links the world with opportunities from China’s growth and certainties. A link you can always bank on.

    Amid an ever changing geopolitical landscape and constantly escalating uncertainties, Hong Kong is the place that promises security and development. This certainty of security and development is precisely what a world of investors need and thirst for. 

    Together, we will fully seize development opportunities, keep boosting our competitiveness, undertake reforms for progress, and foster innovation. The wisdom and wealth of experience of the people of Hong Kong will help the Pearl of the Orient shine brighter than ever on the world stage.

    My thanks to the South China Morning Post for organising this essential, always eventful, annual gathering. 

    I wish you all a rewarding conference. And the best of business in the second half of 2025, a year that will surely be full of opportunities and rewards. Thank you.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: First Digital Education Week by Education Bureau concludes

    Source: Hong Kong Government special administrative region – 4

    The first Digital Education Week (DEW) organised by the Education Bureau (EDB) concluded yesterday (July 7). The two flagship events of the DEW, including the Learning and Teaching Expo 2025 (LTE 2025) and the International Summit on the Use of AI in Learning and Teaching Languages and Other Subjects and Post-Summit Workshop Series, attracted over 24 000 participants altogether, providing opportunities for education professionals to gain further insights into the latest developments in educational technology and inspiring them to apply emerging technologies to enhance learning and teaching effectiveness.

    The Summit, jointly organised by the EDB, the Standing Committee on Language Education and Research, the Hong Kong Polytechnic University, and the Hong Kong Education City (EdCity), was held from July 4 to 7, attracting over 4 500 participants. The LTE 2025, was held from July 2 to 4, supported by the EDB, presented by EdCity and organised by the Smart City Consortium, attracted over 20 000 participants, setting a new record for attendance. Themed “Education: A Shared Future for All”, the LTE 2025 convened global educators, education leaders and innovators. Through keynote speeches, seminars, workshops and product showcases, participants explored innovative pedagogies and educational technology applications while shaping future educational directions.

    The LTE 2025 featured over 600 exhibition booths and introduced the Mainland and International Pavilions (including Singapore and Korea) to foster cross-regional collaborative exchanges. The Principals’ Conference, for the first time, brought together over 200 Hong Kong school principals for a 1.5-day “VASK” immersive experience, comprising seminars and expert discussions focused on “Values, Attitudes, Skills, and Knowledge”. A newly introduced Kids’ AI Summit engaged approximately 100 Hong Kong primary and secondary school students in a three-minute speech session, where they shared insights on AI in education, child well-being, and future careers. Additionally, over 270 keynote speeches, seminars, and demonstration classes showcased innovative teaching solutions and trends in technology applications, with more than 300 experts sharing their experiences in integrating AI and educational technology into teaching.

    The Summit included three main components: the Summit itself, a series of workshops, and the technology showcase. Participants engaged in different segments based on their backgrounds, needs, and interests. The first two days of the Summit featured keynote speeches from five top experts in AI education, namely Associate Professor of the Graduate School of Education at Stanford University, the United States, Professor Victor Lee; the Director of the Artificial Intelligence and Digital Competency Education Centre at the Education University of Hong Kong, Professor Kong Siu-cheung; Professor of the School of Animation and Digital Arts at the Communication University of China Professor Lyu Xin; Professor of Sociolinguistics at the University of Reading, the United Kingdom, Professor Rodney Jones; and the Director for Education and Skills at the Organisation for Economic Co-operation and Development, Mr Andreas Schleicher. In addition to keynote speeches, the Summit arranged for scholars from around the world to present 83 papers and conducted seven teaching demonstrations by frontline teachers from Hong Kong and the Mainland.

    In the following two days, 11 workshops were held in Cantonese, Putonghua, or English, allowing participants to experience various AI educational tools and engage in in-depth discussions on ethical issues related to AI literacy and applications. Additionally, 20 exhibiting organisations and technology companies participated in the technology showcase, displaying cutting-edge tools and software to demonstrate the potential of AI in the teaching and learning of languages and other subjects.

    The first DEW has made a positive impact on the education sector, enhancing teachers’ and students’ understanding of digital education and the application of related educational technologies. The rich activities provided during the DEW comprehensively showcased the latest educational technologies, resources, and teaching methods from around the world, inspiring innovative thinking among educators. Through various rich interactive sessions, participants not only had the opportunities to engage with a wide range of effective innovative technology solutions to enhance learning and teaching, but the public awareness of future educational trends has also been strengthened.

    The series of activities during this year’s DEW was well received by various sectors, with total participation exceeding 24 000 visitors. Despite teachers and students being busy with post-examination activities, they actively supported the events, fully demonstrating the appeal and foresight of the themes of the two flagship events of this year’s DEW. It also reflected the intensive attention and support from the academic community and relevant stakeholders for the development of digital education in Hong Kong.

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Written question – Strategies to attract international professionals from third countries to the EU – E-002642/2025

    Source: European Parliament

    Question for written answer  E-002642/2025
    to the Commission
    Rule 144
    Joachim Streit (Renew)

    In an increasingly globalised labour market, the EU is competing with other economies, in particular the US, for highly skilled international talent. While the US Optional Practical Training (OPT) programme allows international graduates to work in the country for up to three years without prior job offers, there is no comparable flexible model in the EU. The extensions of the OPT in 2008 and 2016 resulted in a 400 % increase in STEM (science, technology, engineering and mathematics) participants – a clear indication of its effectiveness in tying highly qualified third-country nationals to the US labour market[1].

    While Germany allows third-country nationals with a German degree to stay for up to 18 months to seek employment, this approach is limited to that country and not harmonised across the EU. At the same time, it is clear that many international students prefer to go to the US, including as a result of restrictive EU visa policies and a lack of awareness of career prospects. Given the acute shortage of skilled workers in areas such as health, AI and STEM, there is an urgent need for an overall EU strategy to actively attract international talent from third countries.

    • 1.Is the Commission planning to develop an EU model of employment-related follow-up support, akin to the OPT model, allowing third-country nationals with an EU university degree to transition temporarily into the EU labour market?
    • 2.What funding instruments are there currently at EU level for international talent outside the higher education sector, in particular with regard to professional integration or qualified employment?

    Submitted: 30.6.2025

    • [1] https://www.pewresearch.org/global-migration-and-demography/2018/05/10/number-of-foreign-college-students-staying-and-working-in-u-s-after-graduation-surges/
    Last updated: 8 July 2025

    MIL OSI Europe News –

  • MIL-OSI Russia: Films from China and Russia recognized as the best at the 2025 SCO Film Festival in China

    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

    BEIJING, July 8 (Xinhua) — The Chinese film “Endless Journey” and the Russian film “Air” won the Golden Camellia award at the recently closed SCO Film Festival 2025, which was held in the Chinese city of Chongqing (southwest China), the mobile multimedia platform “Russia-China: Main Things” reported.

    This year, 20 selected films from 10 countries, including China, Russia and Kazakhstan, reportedly took part in the main competition. The Chinese film “Endless Journey” and the Russian drama “Air” won the “Best Film” awards at the closing ceremony of the film festival.

    The Golden Camellia Award, named after the flower that is the symbol of Chongqing, symbolizes the flower of civilization that is watered jointly by the SCO member states. Actors and singers from the SCO member states performed on the same stage at the closing ceremony, which also reflected the principles of respect for the diversity of civilizations and the desire for common development that are embedded in the “Shanghai Spirit”.

    The red carpet featured special curved screens for virtual and augmented reality. This solution was in line with the main theme of the film festival, which sounds like “Technology Film”.

    Let us recall that the 2025 SCO Film Festival was held in the Yongchuan district of the Chinese metropolis of Chongqing. In recent years, Yongchuan, located in the western part of Chongqing, has become a dynamically developing center of innovation in the field of film technology. Currently, more than 100 film and television enterprises operate in Yongchuan. -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.

    .

    MIL OSI Russia News –

  • MIL-OSI: Tower Semiconductor and pSemi Win the Prestigious Industry Paper Competition Award at IMS 2025

    Source: GlobeNewswire (MIL-OSI)

    Award-winning paper showcases breakthroughs in wideband RF switch performance, reinforcing Tower’s leadership in advanced RF front-end innovation

    MIGDAL HAEMEK, Israel — July 08, 2025 — Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog semiconductor solutions, today announced receipt of the Industry Paper Competition Award at the 2025 IEEE International Microwave Symposium (IMS) for their co-authored paper with pSemi — “A Low-Loss, Wideband, 0–110 GHz SPDT Using PCM RF Switches with Integrated CMOS Drivers”. The paper was presented on June 19, 2025, during IMS’s session on Innovative RF Switches, Varactor and Modulator Technologies, and won the Best Paper Award in its category.  

    The award recognizes Tower’s PCM RF switch as a significant innovation and advancement in RF switch technology, capable of delivering a record-breaking combination of bandwidth (DC–110 GHz), insertion loss (<2 dB), power handling (30 dBm), and linearity (+15–20 dB improvement over RFSOI CMOS solutions) — results that have not been achieved by any other RF switch technology. Enabled by Tower’s proprietary BEOL integration and integrated digital control, this combination of ultra-low-loss wideband performance, power handling, and full CMOS integration simplifies implementation for end users and enables advanced circuits for 5G, future 6G, SatCom, beamforming, and millimeter-wave applications.

    “We’re honored to receive this recognition,” said Dr. Ed Preisler, Vice President and General Manager of the RF Business Unit. “This achievement reinforces our commitment to advancing RF front-end integration for the next wave of wireless devices and highlights the power of strategic partnerships like ours with pSemi.”

    “We are honored to be recognized by IMS alongside Tower Semiconductor,” said Rodd Novak, Vice President, Sales and Marketing, pSemi.  “This award reflects our team’s dedication to pushing the boundaries of wideband RF switch research and design.”

    For additional information about the Company’s RF platform offering, visit here.

    About Tower Semiconductor         

    Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns one operating facility in Israel (200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy with STMicroelectronics as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

    Safe Harbor Regarding Forward-Looking Statements
    This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect Tower’s business is included under the heading “Risk Factors” in Tower’s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the “SEC”) and the Israel Securities Authority. Tower does not intend to update, and expressly disclaim any obligation to update, the information contained in this release. 
            

                                            ###
    Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | oritsha@towersemi.com
    Tower Semiconductor Investor Relations Contact: Liat Avraham | +972-4-6506154 | liatavra@towersemi.com

    Attachment

    The MIL Network –

  • MIL-OSI: MEXC Ventures Hosts Successful “Kickstart Your Future” Event at UNSW, Marking Australian Market Entry

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 08, 2025 (GLOBE NEWSWIRE) — MEXC Ventures successfully concluded its inaugural Australian event, “Kickstart Your Future at MEXC Ventures,” held at the University of New South Wales Roundhouse on 19 June 2025. The Web3 career-focused gathering brought together over 120 students, graduates, and industry professionals, marking a significant milestone in the global exchange’s expansion into the Australian market.

    Exceptional Student Response and Engagement
    The event exceeded expectations with remarkable attendance figures, drawing more participants than initially registered on the platform. More than 130 attended the event with high enthusiasm. The overwhelmingly positive response demonstrated a strong appetite among Australian students for Web3 career opportunities.

    “The turnout and engagement were incredible,” noted event organizers. “Students came with genuine interest in building careers in Web3, and many stayed long after the formal presentations to continue networking and discussions.”

    Industry Expertise Takes Center Stage
    The event featured three prominent speakers who delivered compelling presentations on blockchain fundamentals and career pathways. John, founder of Bitcoin Sydney, presented on Bitcoin principles including decentralization and financial sovereignty. Bob, founder of ETH Sydney, explored how Ethereum powers innovation across the ecosystem. Ray, a UNSW lecturer specializing in blockchain and fintech, provided academic insights into emerging technologies and career opportunities.

    The diverse panel discussions emphasized that Web3 offers career paths beyond traditional coding roles, spanning marketing, community management, governance, research, and content creation.

    Community Building and Brand Presence
    MEXC Ventures established a strong local presence through strategic brand activations, including custom Australian-themed merchandise featuring koala keyrings, prominent logo placement, and a dedicated photo wall. MEXC Ventures representative delivered an engaging presentation about career opportunities, emphasizing the global nature of Web3 work and the company’s commitment to empowering the next generation of blockchain talent.

    Attendees praised the event’s organization, quality of food and beverages, and the caliber of panel discussions, with many expressing interest in future MEXC Ventures initiatives.

    Talent Recruitment Initiative Launched
    Following the event’s success, MEXC Ventures opened student volunteer and ambassador recruitment for Australia, receiving numerous applications from interested participants. The company also highlighted its IgniteX initiative, a social impact program supporting blockchain education and developer empowerment, including the recently launched partnership with Superteam for the IgniteX Solana Talent Lab.

    Building Australia’s Web3 Future
    The event’s success signals strong momentum for MEXC Ventures’ Australian operations, with plans to expand programming and deepen university partnerships across the region. The enthusiastic student response and high-quality industry engagement demonstrate the readiness of Australia’s academic community to embrace Web3 innovation.

    “This is just the beginning,” said MEXC Ventures representatives. “We’re committed to creating more opportunities for Australian students to engage with the global Web3 ecosystem and build meaningful careers in this space.”

    About MEXC Ventures
    MEXC Ventures is a comprehensive fund under MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders in crypto.

    MEXC Ventures is an investor and supporter of TON and Aptos, looking forward to staying at the forefront of TON and Aptos’ innovations and actively engaging with builders to drive ecosystem growth.

    For more information, visit: MEXC Ventures Website

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f9e0774-c26c-4a61-832e-7c4fafc92cce

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9c1aca19-362f-467b-8a65-6a56f7488b39

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7ff52ac7-6d34-44ea-899d-50ccbf473036

    https://www.globenewswire.com/NewsRoom/AttachmentNg/736db56d-aaa3-46d6-8085-200150f0c698

    The MIL Network –

  • MIL-OSI: MEXC Hosts Exclusive Monaco Gala to Celebrate Prominent Global KOLs

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 08, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, hosted the prestigious Whale Journey Monte Carlo Award at the renowned One Monte-Carlo in the heart of Monaco on June 28, uniting the Web3 industry’s most influential voices for an unforgettable evening of recognition and collaboration.

    The exclusive event welcomed over 1,000 attendees, including 55 top-tier KOLs from around the world, making it one of the largest and most high-profile gatherings of crypto influencers in recent memory. Designed as both a celebration and a strategic milestone, the award ceremony reflected MEXC’s commitment to deepening its global partnerships and elevating its presence in the European market.

    Held in one of Europe’s most luxurious and iconic cities, the choice of Monaco carried strong symbolic meaning. Known as a global hub of prestige and innovation, Monaco represented MEXC’s ambition to deliver world-class experiences to its partners and users.

    The event brought together a group of Web3 leaders. With more than 55 global KOLs in attendance, the event served as a powerful network catalyst — fostering new relationships and sparking conversations that will shape the next phase of crypto adoption and ecosystem building. MEXC curated a luxury atmosphere that embodied its brand values of innovation, excellence, and impact. Guests enjoyed an evening filled with meaningful dialogue, entertainment, and recognition — all against the stunning backdrop of the French Riviera.

    A highlight of the night was the recognition of Carl The Moon, a globally renowned crypto influencer, as “Icon of the Year.” Carl is the founder of The Moon Show, a leading YouTube channel dedicated to Bitcoin and cryptocurrency content. Known for his accessible and insightful analysis, Carl covers daily Bitcoin price movements, key market news, and both technical and fundamental analysis. Carl was selected as the “Icon of the Year, receiving a $500,000 reward dedicated to recognizing and empowering the most influential figures in Web3. His award not only reflected his outstanding contributions to the crypto space but also marked a new chapter as he signed a strategic partnership with MEXC. This collaboration represents a major step forward in MEXC’s influencer strategy, reinforcing its efforts to align with the most trusted and dynamic voices in the industry.

    “Europe is a key market for MEXC,” said Head of Europe at MEXC. “This event reflects our deep commitment to the region and our vision to grow together with the top KOLs and builders shaping the Web3 future. With a strong global following, Carl has become one of the most influential voices in the Web3 and crypto community. We believe in long-term partnerships and will continue to support those who push the boundaries of innovation.”

    The Whale Journey Monte Carlo Award is part of MEXC’s broader effort to elevate its global brand through meaningful engagement with creators, thought leaders, and communities. As MEXC continues to grow its footprint in Europe and beyond, events like this serve as a powerful platform to honor excellence and build stronger bridges across the crypto ecosystem.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    For media inquiries, please contact clemence.c@mexc.com or media@mexc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86e99de6-0d7b-400d-8e1a-5efbea33eb26

    The MIL Network –

  • MIL-OSI: DIMO and Ownli Partner to Bring Data Ownership and Insurance Savings to Connected Drivers

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — DIMO, the leading connected vehicle platform, today announced a partnership with Ownli, the platform that helps people collect, certify, and earn from their vehicle and driving data. Together, DIMO and Ownli are revolutionizing the way drivers shop for insurance by transparently making their vehicle data and custom insurance profile work for them.

    Under this unique partnership, DIMO users can create an Ownli Insurance Profile with their vehicle data. The profile functions like a digital passport for insurance shopping, eliminating the need for drivers to have to manually re-enter data multiple times or chase down obscure requests.

    Today, insurers and agents rely heavily on middleman data providers to acquire new customers and source vehicle data without car owners ever having the opportunity to profit from their own data. For context, the insurance advertising market in 2025 is expected to reach $14.12 billion, fueled in large part by a need for insurers to bring in new customers primarily with the help of data providers and lead generators.

    Ownli’s solution cuts out the middleman and enables individuals to create a verified insurance profile that works for them, allowing insurers and brokers to directly provide a quote or insurance policy registration based on the data provided. Better yet, drivers can decide whether or not to share that profile and can be rewarded directly for doing so. With explicit permission, DIMO users can share their insurance profile and Ownli will connect them with the best broker to deliver personalized quotes from top insurers including Progressive, Allstate, Liberty Mutual, and more.

    “Our mission is to help people see their data for what it is: an asset that should be made to work for them,” said Elan Nyer, CEO at Ownli. “This partnership allows DIMO users to save time, save money, and get paid for the data they already own.”

    “We are excited to bring drivers ways to save time and money. DIMO Mobile is the best way to find opportunities like Ownli, which helps you save time when looking for insurance, while getting you paid for the data you provide” said Alex Rawitz, Co-Founder of DIMO. “Our partnership will help drivers be better, more responsible car owners, and as always, they can be confident data is handled securely and privately .”

    About DIMO
    DIMO is transforming vehicle ownership by putting drivers in control of their data. Its privacy-first, AI-integrated platform connects drivers, automakers, and developers to accelerate connected vehicle innovation while ensuring drivers retain full ownership of their information. Through the DIMO Mobile app, drivers gain real-time insights to improve vehicle performance, maximize savings on maintenance, and access a growing suite of marketplace applications while earning rewards in DIMO tokens. It was founded in 2021 by automotive and fintech veterans from ConsenSys, Vroom, GM, Volkswagen, Aeris, and Chainalysis. Please visit us on X and LinkedIn.

    About Ownli
    Ownli is a personal data platform that enables people to capture, control, and earn from their information while giving businesses reliable and verified insights. Ownli works primarily with property and casualty insurers, helping them cut premium leakage and increase customer retention. Insurers can purchase verified data directly from policyholders and prospects, including accurate vehicle mileage, vehicle condition, garaging location, and more. This seamless exchange turns traditional points of friction into meaningful engagement opportunities for both insurers and customers.

    Media Contacts

    For DIMO:
    Diana Bost/Ryan Dicovitsky
    Dukas Linden Public Relations
    DIMO@DLPR.com

    For Ownli:
    marketing@ownli.co

    The MIL Network –

  • MIL-OSI Africa: Eritrea: Asmara Music School Graduates 9 Students

    Source: APO


    .

    In its 26th commencement held on 6 July, the Asmara Music School graduated nine students who completed a three-year certificate program.

    Mr. Elias Woldemicael, Director of the School, highlighted the role of music in daily life and its power to motivate public participation in national affairs and promote nationalism. He expressed appreciation to Government institutions and individuals for their support and called on the graduates to continue developing their skills through practice.

    Mr. Tesfay Seium, Director General of Technical and Vocational Training at the Ministry of Education, expressed confidence that the students received quality musical education, citing the school’s long-standing experience in the field. He also praised the efforts of the teachers and school community for nurturing musicians who can contribute to the development of the country’s music industry.

    Distributed by APO Group on behalf of Ministry of Information, Eritrea.

    MIL OSI Africa –

  • MIL-OSI Africa: Malawi Launches Second Edition of Pathogen Genomic Surveillance Strategy and Implementation Plan

    Source: APO


    .

    The Malawi Ministry of Health, launched its updated plan for the implementation of its Genomic Surveillance Strategy that was produced with technical support from the Africa Centres for Disease Control and Prevention – Africa Pathogen Genomics Initiative (Africa PGI) on 3 July.

    As pathogen genomics provides a powerful approach towards the investigation, management, and surveillance of infectious diseases, the plan is geared to include integration of multi-pathogen genomic surveillance into existing public health systems, research and development.

    The second version of the plan is aligned to Africa CDC Pathogen Genomics Surveillance Policy Framework and identified priority list of pathogens and use cases for genomic surveillance in Malawi and the region.  The strategy has a robust, comprehensive, fully integrated, harmonized and well-coordinated mechanisms to guide monitoring of the implementation of the plan and evaluate impact.  The improved plan has a National Genomics Committee comprising of a steering committee, advisory group and laboratories from public, private and academia. The first genomic strategy was launched in 2023 and runs to 2030

    In his opening remarks, Secretary for Health Dr. Samsom Kwazirira Mndolo emphasized the critical role of genomics in monitoring antimicrobial resistance, disease outbreak detection, response and prevention as well in precision medicine. 

    He underscored the role of the plan as a roadmap for implementing a robust one health genomic surveillance system across the country with different multi stakeholders, ministries and partners.

    “We have been front runners in genomics, but we lost the opportunity to learn from others, so we decided to revisit and update the 2023 plan,” said Dr Mndolo.

    “This moment marks the dawn of a new era, where science, innovation, and determination converge to build a stronger, more resilient health system for all starting from Malawi by leveraging genomic sequencing power to identify and track pathogens enabling early detection, tracking and characterization of pathogens,” said Dr Lul Riek, Director for the Southern Africa Regional Coordinating Centre.

    Dr Riek said by integrating pathogen genomic sequencing into its healthcare infrastructure, it aims to enhance its health security and swiftly respond to emerging and reemerging threats effectively. “This makes Malawi one step ahead of other countries in disease detection and response,” he said.

    “In the face of several emerging and reemerging health threats including Disease X ” a hypothetical emerging pathogen, from the COVID-19 pandemic to the resurgence of Mpox, Marburg, Cholera and other epidemics, we have witnessed firsthand the urgent need for resilient public health surveillance systems that can provide timely and actionable data,” said Dr Francis Chikuse, Senior Technical Officer for Public Health at Africa CDC.

    “The National Multi Pathogen Genomic Surveillance Strategy is not just a response to these challenges but a proactive step toward building a robust system that leverages the power of molecular diagnostics and sequencing to safeguard the health of the of Malawians and beyond,” said Dr Chikuse.

    He said, Africa CDC in partnership with public, private and philanthropic sectors is enhancing continent-wide sample referral and data sharing strategy, systems, and governance to promote trusted, quality assured and timely data sharing as well as support the design and pilot implementation of high-impact public health priority genomic surveillance and use-cases and facilitate the utility of genomics data for policy, decision making, research and development of pandemic materials. In 2025, the World Health Assembly adopted the historic Pandemic Agreement to enhance global collaboration and to create a more equitable response to future pandemics.

    Africa CDC is working with 16 Member States including the Democratic Republic of Congo, Uganda, Mozambique, Ethiopia, Cameroon, Malawi, Zambia, Republic of Congo, Zimbabwe, Ghana, Morocco, Togo, South Africa, Tanzania, Rwanda, Namibia, to develop their national pathogen genomics strategies. Through this collaboration, Malawi becomes the second country after Zambia to launch their genomic strategy.

    Distributed by APO Group on behalf of Africa Centres for Disease Control and Prevention (Africa CDC).

    MIL OSI Africa –

  • MIL-OSI China: Xi stresses transforming resource-based economy, advancing Chinese modernization during Shanxi inspection tour

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

    Xi stresses transforming resource-based economy, advancing Chinese modernization during Shanxi inspection tour

    TAIYUAN, July 8 — President Xi Jinping has called on north China’s Shanxi Province to further promote the transformation and development of the resource-based economy and strive to write its own chapter in advancing Chinese modernization.

    Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks during his inspection tour in Shanxi from Monday to Tuesday.

    MIL OSI China News –

  • MIL-OSI New Zealand: Tech Policy – Workers absent from government’s AI “strategy” – CTU

    Source: New Zealand Council of Trade Unions Te Kauae Kaimahi 

    The New Zealand Council of Trade Unions Te Kauae Kaimahi is concerned that the artificial intelligence (AI) “strategy” document released today by the Government ignores impacts on working people and replicates the corporate hype of Microsoft and other tech giants.

    “It is crucial that no workers are left behind as AI usage increases, and so it is deeply concerning that workers are absent from the document released by the Government today,” said NZCTU President Richard Wagstaff.

    “AI technologies do provide opportunities for improving productivity and the quality of service. But this will only happen if workers are actively engaged on the implementation and governance of these technologies.

    “Workers also need to be properly trained on how to use AI safely and productively, but the strategy released today fails to set out a coherent plan for achieving this.

    “Some workers, particularly in clerical and administrative roles, are at a high risk of being displaced by AI. We need to deliver a just transition for any workers negatively affected by AI by supporting them to retrain and find good work.

    “The strategy also skates over the very real risks that AI technologies pose for workers. This includes the severe health and safety risks associated with AI surveillance systems, productivity monitoring, and automated management.

    “The “light touch” approach proposed by the Government will do nothing to protect New Zealand workers from the serious risks posed by AI,” said Wagstaff.

    MIL OSI New Zealand News –

  • MIL-OSI Banking: Secretary-General of ASEAN joins ASEAN Foreign Ministers in an Interface with Representatives of AICHR

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today participated in the ASEAN Foreign Ministers’ Interface with Representatives of the ASEAN Intergovernmental Commission on Human Rights (AICHR), held on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings, in Kuala Lumpur, Malaysia. The Interface saw candid exchanges between the Ministers and AICHR Representatives on human rights in the region and highlighted the important role of AICHR in supporting ASEAN’s efforts in achieving its Community Vision 2045. The AICHR representatives also submitted the AICHR Annual Report 2025 to the 58th AMM for notation.

    The post Secretary-General of ASEAN joins ASEAN Foreign Ministers in an Interface with Representatives of AICHR appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • MIL-OSI Asia-Pac: Agenda of tomorrow’s LegCo meeting revised

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Legislative Council Secretariat: 

         The agenda of the Legislative Council (LegCo) meeting, scheduled for tomorrow (July 9) at 11am in the Chamber of the LegCo Complex, has been revised.

         The Legislative Council (Powers and Privileges) (Amendment) Bill 2025 will be introduced into the Council for the First Reading and the Second Reading. The Second Reading debate on the Bill will be adjourned.

         For the latest agenda items of tomorrow’s LegCo meeting, please refer to the LegCo Website: www.legco.gov.hk/yr2025/english/counmtg/agenda/cm20250709.htm.

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: UKAEA launches International Fellowships Scheme for fusion

    Source: United Kingdom – Executive Government & Departments

    Press release

    UKAEA launches International Fellowships Scheme for fusion

    UKAEA has launched the International Fellowships Scheme to help expand the global talent pool supporting the fusion industry.

    Remote Handling Control Room at UKAEA’s Culham Campus – Image Credit: United Kingdom Atomic Energy Authority

    • UKAEA to fund UK-based post-doctoral Fellows in fusion research
    • First collaboration established with Singapore’s Nanyang Technological University
    • Partnership marks a major step forward in advancing global collaboration in fusion research and talent development

    The United Kingdom Atomic Energy Authority (UKAEA) has launched the International Fellowships Scheme, an initiative to help expand the global talent pool supporting the fusion industry.

    The Scheme is part of the UKAEA’s Fusion Opportunities in Skills, Training, Education and Research (FOSTER) Programme, which aims to train, support, and empower the next generation of professionals, who will help deliver fusion power to the grid.

    The first International Fellowships Scheme partner is Nanyang Technological University, Singapore (NTU), which is ranked among the world’s top 15 universities by the QS World University Rankings.

    The scheme is designed to create high-impact post-doctoral research opportunities through collaborations between UK-based and international institutions. Under this initiative, Fellows will be recruited in complementary pairs, with one Fellow employed and primarily based in the UK, and the other employed and primarily based overseas. Working together in areas of shared interest to help build scientific knowledge across borders and solve key fusion challenges.

    NTU is building on the pilot phase of the scheme and has begun recruiting its first Fellows.

    Nick Walkden, Head of Fusion Skills Operation and Delivery at UKAEA, said:

    As a sector, we have recognised the need to develop the next generation of research leaders for fusion and have launched a programme of international fellowships for post-doctoral candidates to do just this. I’m excited that the first of these exciting opportunities is in collaboration with NTU, which shares our passion and drive, and I look forward to seeing our respective Fellows undertake their exchange programme in coming years.

    Professor Simon Redfern, Dean of the College of Science, NTU Singapore said:

    We are delighted to partner with the UK Atomic Energy Authority on the FOSTER International Fellowships Programme, which aligns with our commitment to advancing frontier research and nurturing global scientific talent in fusion energy. In recent years, our scientists have enjoyed a number of beneficial collaborations with international partners to pioneer innovative approaches in fusion science and decarbonisation. FOSTER marks an important next step.

    This new partnership with UKAEA will further strengthen cross-border research, enhance institutional capabilities, and accelerate our shared ambition to realise clean, sustainable energy through fusion. It also builds on longstanding ties between NTU researchers and their counterparts in the UK, and ensures that this spirit of collaboration continues to grow across future generations of scientists.

    Each fellowship will run for two years and include a minimum of 12 weeks of exchange between host institutions, enabling cross-cultural research experience and skill development. UKAEA will support the UK-based Fellow while the international partner institution will support the internationally employed Fellow.

    Part of the Fusion Futures Programme, FOSTER supports 32 projects with a vision to build a fusion skills ecosystem – with international reach – that can train, develop, and grow the fusion generation who will deliver fusion energy to the grid.

    FOSTER works with likeminded organisations committed to advancing the landscape of fusion science and technology through post-doctoral research opportunities.

    The first cohort of the International Fellowships Scheme with NTU is expected to start in Autumn 2025.

    More information about FOSTER and UKAEA’s International Fellowships Scheme can be found online.

    International organisations interested in pursuing a fellowship, either with UKAEA or another UK-based organisation, or if you have any further questions, please email fusionskills@ukaea.uk

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: St Petersburg University mathematicians helped simplify signal synchronization in navigation and communication systems | Saint Petersburg State University

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University –

    An important disclaimer is at the bottom of this article.

    The proposed calculation method avoids the inaccuracies that were allowed by previously used approaches and offers engineers simple formulas that are convenient for use in real projects.

    Phase-locked loop systems are widely used in satellite navigation and wireless communication devices. They provide precise synchronization of the frequency and phase of the signal coming to the device and the signal generated by the device itself. For example, in the case of a Wi-Fi connection between a router and a phone, the signals from the devices may differ slightly due to interference or instability of the transmitter (router). The phase-locked loop system compares the characteristics of the incoming signal and adjusts them to those characteristic of the device. This reduces the number of errors in the transmission of information, even if the original signal is “noisy”.

    Research results, supported with a grant from the Russian Science Foundation (RSF), published in a scientific journal IEEE Access.

    However, phase-locked loop systems operate stably only if a number of conditions are met. For example, there are limitations on the so-called hold range, the frequency difference at which synchronization can still be maintained. Another important parameter is the capture range, i.e. the frequency spectrum within which synchronization is guaranteed under any initial conditions. At the same time, it is difficult to accurately determine the capture range, since its calculation requires solving systems of nonlinear equations with a large number of variables. Previously, engineers used approximate methods that could lead to errors, and therefore did not always ensure stable operation of the system.

    Researchers from St. Petersburg University analyzed operation of one of the most common phase-locked loop systems and found a simpler way to accurately calculate its capture range. To do this, scientists from St. Petersburg State University used a mathematical method of replacing variables, which allows equations used in other approaches to be reduced to a simpler form. In addition, the researchers used graphs to display how the state of the phase-locked loop system changes over time when transmitting and receiving signals with different parameters (frequencies and phases).

    We have proposed a comprehensive approach that combines qualitative analysis of the system and the theory of hidden oscillations, the creation and development of which was this year. was noted State Prize of the Russian Federation in the field of science and technology.

    Head of the Department of Applied Cybernetics at St. Petersburg State University, Head of the Laboratory of Information and Control Systems at the Institute of Mechanical Engineering of the Russian Academy of Sciences, Corresponding Member of the Russian Academy of Sciences, Professor Nikolay Kuznetsov

    “This approach allowed us to obtain an accurate formula for the capture range and avoid a situation where the device unexpectedly loses synchronization, which can be critical in the case of systems used in navigation and energy. In the future, we plan to develop methods of the theory of hidden oscillations for the analysis of more complex phase-locked loop systems and collaborate with engineers to create prototypes of such systems based on the proposed methods of analysis and synthesis. The relevance of this work is associated with the import substitution program in Russian electronics and a wide range of engineering applications,” explained Nikolai Kuznetsov, Head of the Department of Applied Cybernetics at St. Petersburg State University, Head of the Laboratory of Information and Control Systems at the Institute of Mechanics of the Russian Academy of Sciences, Corresponding Member of the Russian Academy of Sciences, Professor.

    St Petersburg University mathematician receives State Prize in Science and Technology

    The derived formulas made it possible to correct inaccuracies previously proposed approaches, in particular ignoring hidden oscillations that can lead to loss of synchronization. Computer modeling confirmed that the calculations accurately describe the real behavior of the automatic frequency control system, which makes them suitable for practical use.

    Saint Petersburg State University is the oldest university in Russia. It was founded on January 28 (February 8), 1724, when Peter the Great issued a decree establishing the University and the Russian Academy of Sciences. Today, SPbU is one of the largest scientific and educational centers. More than 20 thousand students study here, more than 15 large laboratories and 23 resource centers have been created, which are part of the country’s leading Science Park. Graduates of the University have repeatedly become Nobel and Fields Medal laureates.

    Recently, the Northern capital has officially celebrated a new holiday: Saint Petersburg State University Day. contributed in the Law of St. Petersburg “On Holidays and Memorable Dates in St. Petersburg”.

    In February 2025, a ceremony was held during which Roscosmos cosmonauts handed over To the University flag “300 years of St. Petersburg State University”, which made its way to the International Space Station and back.

    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 Economics: ICC recommendations for inclusive AI that delivers for business and society

    Source: International Chamber of Commerce

    Headline: ICC recommendations for inclusive AI that delivers for business and society

    Inclusive AI is not just a matter of fairness – it is essential for unlocking the full potential of AI for business and society alike. Without broad access to digital infrastructure, data, skills and ethical frameworks, entire markets risk being left behind, limiting innovation and economic growth, and deepening the existing digital divide.

    This not only holds back communities in the Global South but also narrows the opportunities for businesses to scale solutions, enter new markets and build globally relevant AI systems.

    Why does inclusive AI matter?

    Inclusive AI ensures that artificial intelligence systems actively empower and benefit people, regardless of geography or language. It opens new possibilities to accelerate sustainable development, supports transformative outcomes across critical sectors including healthcare and education, and drives innovation and economic growth across economies. By prioritising inclusion, we can ensure the benefits of AI are shared widely and help close existing global gaps.

    What’s holding back inclusive AI?

    Barriers such as limited digital infrastructure, lack of access to quality data and compute and significant skills gaps – especially in the Global South – are slowing inclusive AI progress. Many AI models are also not designed with diverse languages or local contexts in mind. These challenges persist despite widespread connectivity coverage. Fragmented regulatory environments, limited investment in local innovation and language barriers further widen the AI divide.

    Without targeted support, these gaps will continue to exclude large parts of the world from AI-driven development.

    ICC recommendations: what can business and governments do to achieve inclusive AI?

    1. Invest in foundational infrastructure such as clean energy, broadband connectivity, and sustainable data centres.
    2. Expand access to high-quality, interoperable public data.
    3. Ensure inclusive digital education and workforce training across all levels.
    4. Promote homegrown innovation, including linguistic inclusion and support for local AI ecosystems.
    5. Adopt national strategies that align with international ethical frameworks.
    6. Update regulatory systems, particularly around data governance, privacy, and cybersecurity.
    7. Integrate AI standards into public procurement.

    More insights

    Digital economy

    Overarching narrative on artificial intelligence 

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