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Category: Technology

  • MIL-OSI Russia: Interview: China’s Indigenous C909 Airliner Opens New Horizons in Regional Aviation

    Translation. Region: Russian Federal

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

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

    SHANGHAI, June 30 (Xinhua) — China’s commercial jet airliner C909, formerly known as ARJ21, celebrated the ninth anniversary of its maiden flight on Saturday.

    The C909 is a turbofan regional airliner developed by China itself, seating 78 to 97 people and having a range of 2,225 km to 3,700 km. It complies with international civil aviation regulations and is the first of its kind independently developed by China.

    According to the data, a total of 166 C909 aircraft have been delivered to the market to date, serving more than 700 air routes and carrying more than 24 million passengers.

    The C909 was a breakthrough in the commercial operation of domestic jet airliners and explored the development path of the entire life cycle of Chinese-made commercial aircraft, Chen Yong, chief designer of the aircraft, told Xinhua News Agency.

    LINKING BORDER CITIES

    The C909 aircraft were first put into service in China’s border areas, including the Xinjiang Uygur Autonomous Region (XUAR, northwest China), the northeast region and the Inner Mongolia Autonomous Region (north China). By expanding the regional air route network, they improve travel convenience, support people’s mobility and stimulate local economic development.

    Since the C909’s debut in Xinjiang in June 2023, a total of 22 aircraft of this model have entered service, opening more than 120 routes and carrying more than 1.3 million passengers safely, according to Chen Yong, who is also the chief engineer of Commercial Aircraft Corporation of China (COMAC), the developer of the C909.

    In June 2025, when Xinjiang Uygur Autonomous Region entered its peak tourist season, four daily round-trip flights were launched between the popular cities of Kashi (Kashgar) and Yining. The flights are operated by C909 aircraft of Chengdu Airlines and China Express.

    “We have received positive feedback from various airlines, including Chengdu Airlines, which confirmed that in terms of performance, this model of aircraft is very well suited to operating conditions in regions such as Xinjiang,” Chen Yong said.

    In addition, these airliners have expanded the international route schedule. On October 26, 2019, the C909 launched its first international flight, connecting Harbin in northeast China and Vladivostok in Russia. The airline promotes economic, cultural and tourism exchanges and integration between cities on both sides of the border.

    MARKET EXPANSION TO SOUTHEAST ASIA

    On 18 April 2023, the C909 made its maiden flight in Indonesia, thus initiating regional inter-island routes and expanding services to cross-border trunk routes. Notably, the Manado-Guangzhou route, with a length of over 2,700 km, is the longest commercial route served by the C909 to date.

    Chen Yong believes that the advanced airport infrastructure, flexible route configuration and comfortable passenger conditions make the C909 particularly suitable for the operational needs of the Southeast Asian aviation market. The aircraft has pioneered a new business model for domestic passenger aircraft in the region: it is leased to airlines under dry lease and wet lease agreements.

    The term “dry lease” means the provision of only the aircraft by the lessor, while aircraft package leasing means the provision of not only the aircraft but also the flight crew, safety management, maintenance and operational control.

    For example, two C909 aircraft that Chengdu Airlines wet leased to Vietnam’s Vietjet Air operate daily flights from Hanoi and Ho Chi Minh City to Con Dao, respectively.

    “The runway length of Con Dao Airport is only 1,800 meters, and the sea serves as a natural boundary on both sides. This fully confirmed the C909’s short and narrow runway performance and its suitability for the humid climate of Southeast Asia,” Chen Yong added.

    Today, three Southeast Asian airlines – Indonesia’s TransNusa, Laos’ Lao Airlines and Vietnam’s Vietjet Air – operate a total of seven C909 aircraft. Fifteen new routes have been opened, providing air service between 18 cities, and the combined passenger traffic on these routes has exceeded 370,000 person-times.

    EXPANSION OF SERIAL PRODUCTION

    Developing variants of aircraft models is a characteristic feature of the commercial aviation industry. Currently, four variants of the C909 jet airliner are available to the public: a cargo aircraft, a command aircraft for emergency response, a medical aircraft, and a business jet.

    Chen Yong says the C909 cargo aircraft can meet various air cargo needs, covering the special cargo market, highland market and short-haul international cargo routes. The rescue command aircraft version can provide situational awareness, decision-making and coordination in disaster relief. Its versatility extends to applications such as transporting rescue forces and establishing temporary communication networks in disaster-stricken areas.

    The medical aircraft model is capable of performing rescue and air ambulance missions, as well as aeromedical transportation of patients. The business jet is flexible, efficient, quiet and comfortable. Its functionality package can be easily adjusted to meet specific customer requirements.

    “Over its nine-year operational history, the C909 has undergone a series of upgrades and optimizations. These modifications have been aimed at improving various aspects of the aircraft, including its performance, crew experience and passenger cabin comfort,” Chen Yong said. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: “Talents and Leaders”: the Academic Council discussed the Polytechnic University’s personnel policy

    Translation. Region: Russian Federal

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

    At the next meeting, members of the SPbPU Academic Council considered issues of forming personnel policy, the results of the work of the selection committee of the faculty, held elections of heads of departments and voted for the nomination of employees for academic titles.

    Before the start of work on the agenda, a ceremonial presentation of awards and honoring of polytechnic students who have distinguished themselves both in the professional field and in other areas was held.

    Special attention was given to the Rector’s Advisor, Doctor of Economics, Professor Nina Pankova. For many years of work and contribution to the development of education, she received a Letter of Gratitude from the President of the Russian Federation. Nina Vladimirovna’s great contribution to the development of the Polytechnic University was noted with the SPbPU “For Merit” badge of distinction.

    Also, the highest award of the university “For Merit” was received by Professor of the Higher School of Service and Trade Sergey Barykin, Director of the Center for Scientific and Technological Partnership and Targeted Training Oleg Ipatov and Assistant Vice-Rector Elena Stuchinskaya. In addition, Elena Georgievna was awarded a Gratitude from the Committee for Science and Higher Education of St. Petersburg for many years of conscientious work, a great personal contribution to the development of the higher education system and the scientific potential of the city.

    The Director of the Center for Intellectual Property and Technology Transfer, Ismail Kadiev, was also awarded a letter of gratitude from the KNVSh.

    Director of the Higher Engineering School Alexander Kudakov received from the hands of the First Vice-Rector of SPbPU Vitaly Sergeev the Certificate of Honor of SPbPU for many years of conscientious work, professional excellence, achievement of high indicators, successful completion of especially important and complex tasks.

    A group of employees of the Public Relations Department was awarded a gratitude from SPbPU for the successful holding and coverage of large-scale corporate events: the head of the news portal department Evgeny Gusev, the head of the special projects department Olesya Stepanova, the head of the media relations department Evgeny Pleshachkov and the head of the visual communications department Anastasia Eliseenko.

    Then the awarding of diplomas for conferring academic degrees took place. The diploma of Doctor of Technical Sciences was received by Wang Qingsheng (scientific supervisor — Director of IMMIT Anatoly Popovich). The diploma of Candidate of Economic Sciences was awarded to Ekaterina Tereshko (scientific supervisor — Professor Irina Rudskaya). Diplomas of Candidates of Technical Sciences were received by: Arseniy Repnin (scientific supervisor — Director of IMMIT Anatoly Popovich), Arslan Khazem, Yulia Logvinova and Alexander Chusov.

    The first vice-rector Vitaly Sergeev presented diplomas of candidates of physical and mathematical sciences to Gavriil Voloshin andTo Vadim Kozhevnikov.

    The academic title of associate professor was awarded to seven Polytechnic employees: Dmitry Budanov, Natalia Goncharova, Ivan Ivanov, Alex Krasnov, Ivan Pyatak, Konstantin Semenov and Viktor Yanchus.

    Students also achieved significant success. Ekaterina Kondaurova became a gold medalist of the VIII season of the All-Russian Olympiad “I am a professional” 2024/2025 in the category “Master’s degree/specialist” in the direction of “Psychology”.

    Student of IPMET Alena Akentyeva won the All-Russian Engineering Competition (VIC) 2024/2025 year (scientific supervisor — associate professor of the Higher School of Public Administration Olga Makarova). Student of the Institute of Economics and Telecommunications Ekaterina Isupova received a first-degree diploma (scientific supervisor — associate professor Alexander Sochava). A second-degree diploma was awarded to a team of students of the Institute of Economics and Telecommunications for second place in the university standings of the city student interuniversity Olympiad on the fundamentals of radio engineering and telecommunications.

    Polytechnic University athletes returned with two victories from the XV Summer Spartakiad of Nuclear Power, Industry and Science Workers “Atomiada-2025”. At the Academic Council, the winners of first place in 3×3 basketball among women’s teams were represented by the coach of the Student Sports Club “Black Bears-Polytechnic” Darya Tikhmyanova and the student of the Institute of Professional Education Vasilisa Yampolskaya. Congratulations for the gold in mini-football among men’s teams were received by the coach Timur Guseinov and the player Artem Terentyev.

    The bronze medalists of the Student Mini-Football Competition among women’s university teams were represented at the Academic Council by coach Vladimir Kalinin, leading specialist of the Black Bears-Polytech Sports Club Daria Khadjaridi and IMMiT graduate Alina Asanova.

    Senior lecturer of the Department of Physical Training and Sports Andrey Skorokhodov became the winner of the internship program “Top-100″ of the Association of Student Sports Clubs of Russia” in the direction of “Coach” within the framework of the All-Russian festival of student sports “ASSK.Fest”.

    After the formal part, work on the meeting agenda began. Vice-Rector for Human Resources Policy Maria Vrublevskaya presented the concept of the university’s human capital management policy to her colleagues. Having discussed the report, the members of the Academic Council noted that the policy meets the goals of achieving technological leadership, increasing the competitiveness and managerial maturity of the university. The policy, in particular, assumes the creation of an effective HR cycle, support for talents and leaders, the formation of a personnel reserve, the introduction of a competency-based approach, the systematic development of employees, increasing their motivation and the formation of a favorable environment for productive work. The Academic Council focused on the points requiring revision, and generally approved the concept of the university’s human capital management policy until 2036.

    Vice-Rector for Educational Activities Lyudmila Pankova presented a report on the second issue, “On the results of the work of the Faculty Competition Commission within the framework of competition procedures for applicants for positions of teaching staff related to the faculty of SPbPU.”

    The third issue was the election of department heads. As a result of the voting, Vladimir Okrepilov was elected head of the UNESCO department “Quality Management in Education for Sustainable Development”, Alexander Semencha was elected head of the department of applied chemistry at IMMiT, Alexander Kashtanov was elected head of the basic department of “Functional Materials and Technologies” at the Central Research Institute of Structural Materials “Prometey” at IMMiT, Svetlana Golovkina was elected head of the department of economic theory at IPMEiT, German Shatsky was elected head of the basic department of “Financial Monitoring” at the Interregional Department of Rosfinmonitoring for the Northwestern Federal District of IPMEiT, and Olga Zybina was elected head of the basic department of “Fire Safety” at OOO “Gefest” at ISI.

    The fourth issue considered the nomination for the assignment of academic titles. Three people were nominated for the title of associate professor: Olga Anisimova (Humanities Institute), Nikita Ivanov (Institute of Electronics and Telecommunications) and Tigran Ovasapyan (Institute of Computer Science and Cybersecurity).

    After a brief report from the Academic Secretary of SPbPU Dmitry Karpov on the execution of all instructions of the Academic Council and the consideration of current issues, the meeting ended.

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

    MIL OSI Russia News –

  • MIL-OSI Europe: Ionic wind technology: Empa spin-off awarded – Energy-efficient cooling thanks to ionic wind (last modification, the 31.01.2025)

    Source: Switzerland – Department of Foreign Affairs in English

    Thanks to a new type of airflow booster for ionic wind, completely new fields of application are opening up for the start-up Ionic Wind Technologies. In future, the patented technology is to be used primarily for cooling data centers and high-performance electronics. The Empa spin-off has already won several awards.

    MIL OSI Europe News –

  • MIL-OSI Europe: Ionic wind technology: Empa spin-off awarded – Energy-efficient cooling thanks to ionic wind (last modification, the 31.01.2025)

    Source: Switzerland – Department of Foreign Affairs in English

    Thanks to a new type of airflow booster for ionic wind, completely new fields of application are opening up for the start-up Ionic Wind Technologies. In future, the patented technology is to be used primarily for cooling data centers and high-performance electronics. The Empa spin-off has already won several awards.

    MIL OSI Europe News –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 27 06 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 27 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,066,534 3.9053    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,066,534 3.9053    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 7,320 441.01p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 30 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 27 06 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 27 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,066,534 3.9053    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,066,534 3.9053    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 7,320 441.01p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 30 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI Asia-Pac: Appointments to Task Force on Promoting Web3 Development

    Source: Hong Kong Government special administrative region

    Appointments to Task Force on Promoting Web3 Development 
    A government spokesman said, “Since its establishment in 2023, the Task Force has been rendering valuable advice that is both innovative and practical in respect of the potential and direction of Web3 development in Hong Kong. The newly appointed and reappointed members are all leaders and professionals in the relevant sectors. As the Government recently promulgated the Policy Statement 2.0 on the Development of Digital Assets in Hong Kong, their expertise and experience will contribute to promoting the continued and prosperous development of the digital asset ecosystem in Hong Kong, with a view to establishing Hong Kong as a leading global hub for digital assets.”
     
    The Financial Secretary announced in the 2023-24 Budget the establishment of the Task Force to provide recommendations on the sustainable and responsible development of Web3 in Hong Kong. The Task Force was established in July 2023. Chaired by the Financial Secretary, in addition to non-official members from the relevant market sectors, the Task Force also comprises relevant key government officials and representatives from financial regulators.
     
    The membership of the Task Force, with effect from July 1, 2025, is as follows:
     
    Chairman
    ———–
    Financial Secretary
     
    Non-official members
    (in alphabetical order of family names)
    ————————
    Professor Alex Au Wai-chi
    Mr Cai Wensheng (newly appointed member)
    Mr Norman Chan Tak-lam
    Mr Duncan Chiu
    Mr Lawrence Chu Sheng-yu
    Dr Jack Kong Jianping
    Mr Kwock Yin-lun (newly appointed member)
    Ms Joy Lam
    Mr Marco Lim Jun-kit (newly appointed member)
    Professor Lin Chen
    Mr Robert Andrew Lui Chi-wang
    Mr Henry Ma Chi-to (newly appointed member)
    Dr Johnny Ng Kit-chong
    Professor Jack Poon Sik-ching
    Mr Alessio Quaglini (new appointed member)
    Ms Elizabeth Quat
    Mr Siu Yat
    Mr Neil Tan
    Mr John Wang Jiachao
    Dr Xiao Feng
     
    Official members
    ——————-
    Secretary for Financial Services and the Treasury
    Permanent Secretary for Financial Services and the Treasury (Financial Services)
    Permanent Secretary for Innovation, Technology and Industry
    Under Secretary for Financial Services and the Treasury
    Commissioner for Digital Policy
    Director-General of Investment Promotion, Invest Hong Kong
    Chief Executive Officer, Hong Kong Cyberport Management Company Limited
    Chief Executive, Hong Kong Monetary Authority
    Chief Executive Officer, Securities and Futures Commission
    Chief Executive Officer, Insurance Authority
    Chief Executive Officer, Hong Kong Exchanges and Clearing Limited
    Issued at HKT 19:21

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI: Diginex’s AI-Driven Enhancements Poised to Accelerate Customer Adoption and Drive Revenue Growth

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 30, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced additional government funding support for its innovative AI-powered compliance solutions. Diginex’s AI-powered compliance solutions will continue to focus on helping companies comply with sustainability disclosure requirements set by the International Sustainability Standards Board (ISSB) and International Financial Reporting Standards (IFRS) and now with the enhanced scope of AI-powered compliance solutions will additionally offer features including multi-variant drafts, risk reduction through automation, future-proofing against new regulations as well as enhanced scalability for users of the Company’s ESG SaaS reporting product, diginexESG. Diginex’s expanded AI features will streamline ESG reporting processes, thereby empowering businesses and financial institutions to meet regulatory requirements efficiently while driving transparency in corporate social responsibility and climate action, and will be jointly developed with a leading financial institution through a co-creation collaboration model promoting commercialisation and wider adoption.

    The upgraded AI functionality of Diginex’s AI-powered compliance solutions is expected to further accelerate customer adoption, and thereby, contribute to Diginex’s revenue growth in 2025 and beyond. Industry research from Verdantix forecasts that the global market spend on ESG reporting software will grow from over $1.3 billion in 2023 to over $5.6 billion in 2029, at a CAGR of 26%. Diginex is well-positioned to capture this opportunity, combining its award-winning platform with blockchain, machine learning, and data analytics to deliver unparalleled value to clients worldwide.

    This latest recognition from the Hong Kong Monetary Authority (“HKMA”), which provides development stage funding support for innovative fintech projects, builds on the Company’s earlier selection in February 2025 by the Financial Services and the Treasury Bureau of Hong Kong (“FSTB”) for the Green and Sustainable Fintech PoC program, as well as Diginex’s 2023 HKMA award in the “Sustainability or Climate-related Disclosure and Reporting” category.

    “We are honored to receive this further recognition from the HKMA, which underscores our commitment to revolutionizing ESG reporting through AI-driven innovation,” said Mark Blick, CEO of Diginex Limited. “Our enhanced diginexESG platform is designed to meet the growing global demand for sustainable finance solutions, and this acknowledgment from a leading regulatory authority validates our mission to democratize sustainability compliance.”

    This latest recognition follows Diginex’s recently disclosed signing of a Memorandum of Understanding on June 5, 2025, for Diginex’s strategic acquisition of Resulticks Global Companies Pte. Limited, a global leader in AI-driven customer engagement and data management solutions, for $2 billion. This acquisition aims to enhance Diginex’s AI and data management capabilities, enabling hyper-personalized, real-time sustainability solutions across compliance, supply chain intelligence, and risk analytics. Additionally, Diginex has recently entered into strategic alliances with firms like Forvis Mazars, Russell Bedford International, and Baker Tilly Singapore to expand the distribution of its diginexESG and diginexLUMEN platforms.

    About Diginex

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

    The award-winning diginexESG platform supports 17 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website:

    https://www.diginex.com/.

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

    Diginex
    Investor Relations
    Email: ir@diginex.com 

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

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

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

    The MIL Network –

  • MIL-OSI United Nations: Arab States Advance Regional Action through First Coordination Meeting on Marine Disaster Risk Reduction

    Source: UNISDR Disaster Risk Reduction

    Alexandria, Egypt – 30 June 2025 – Representatives from Arab states, regional organizations, and international partners convened from 28 to 30 June at the Arab Academy for Science, Technology and Maritime Transport (AASTMT) in Abu Qir for the First Coordination Meeting of the Arab Programme for Reducing Marine Disasters.

    Organized under the auspices of the League of Arab States and hosted by AASTMT, the three-day meeting marked a significant step towards operationalizing the Arab Strategy for Disaster Risk Reduction by establishing a coordinated regional programme to address marine disaster risks.

    Strengthening Regional Capacities and Coordination

    The meeting opened with remarks from Dr. Mahmoud Fathallah, Director of the Department of Environment and Meteorology and Supervisor of Humanitarian Affairs, Water Resources, and Disaster Risk Reduction at the League of Arab States, and Dr. Ismail Abdel Ghaffar, President of AASTMT. Speakers highlighted the urgent need to enhance preparedness and reduce risks associated with marine hazards, including intensified storms, sea level rise, oil spills, and pollution that threaten ecosystems, livelihoods, and coastal resilience across the region.

    Key Outcomes

    Participants engaged in four thematic sessions covering:

    • Development of the Arab Programme for Reducing Marine Disasters Concept and the 2025–2027 Action Plan, facilitated by UNDRR and AASTMT experts.
    • Presentations on global and regional marine disaster risk reduction efforts by the International Maritime Organization (IMO), European Union Commission, International Telecommunication Union (ITU), UN Office for the Coordination of Humanitarian Affairs (OCHA), and the Arab Network for Environment and Development (RAED).
    • Sharing of national experiences and lessons learned by Arab states.
    • Identification of regional priorities, capacity-building needs, and coordination mechanisms to advance joint action.

    Technical field visits to AASTMT’s Integrated Simulation Complex, Planetarium, Maritime Safety Institute, and College of Maritime Transport and Technology simulators showcased cutting-edge technologies that strengthen preparedness, response, and training capacities.

    Towards a Safer Marine Environment

    • The Arab Programme for Reducing Marine Disasters (2025–2030) aims to:
    • Establish a joint operational framework for preparedness, response, and recovery.
    • Enhance early warning systems and preventive measures in line with international standards.
    • Strengthen emergency response capacities at national and regional levels.
    • Promote the protection of marine environments and biodiversity.
    • Facilitate knowledge exchange and capacity building among Arab states.
    • Advance regional and international cooperation to build marine disaster resilience.

    Next Steps

    The meeting concluded with the adoption of a set of recommendations and an implementation roadmap to guide the programme’s roll-out in the coming years. The League of Arab States, together with AASTMT, UNDRR, and partner organizations, will continue supporting Arab countries to build the technical, scientific, and institutional capacities needed to reduce marine disaster risks and safeguard marine resources as critical lifelines for sustainable development and resilience in the region.

    MIL OSI United Nations News –

  • MIL-OSI United Nations: UNESCO promotes community resilience in Trinidad, Cuba, through sustainable tourism and the safeguarding of living heritage

    Source: UNESCO World Heritage Centre

    First capacity-building workshop held as part of the Communities for Heritage project in Cuba.

    As part of the regional project “Latin America and the Caribbean: Strengthening capacities for resilient communities through sustainable tourism and heritage safeguarding,” UNESCO held the workshop “Communities for Heritage: Heritage Safeguarding and Sustainable Tourism” in the historic center of Trinidad, a Cuban city recognized as a World Heritage Site along with the Valley de los Ingenios since 1988.

    The event, which was supported by the Cuban National Commission for UNESCO, the Ministry of Culture and the Ministry of Tourism of Cuba, the government of Trinidad, the Office of the Conservator of Trinidad, the National Council for Cultural Heritage, and the Network of Offices of the Historian and Conservator of Heritage Cities of Cuba, represented a key milestone in the implementation of the project in this emblematic heritage site.

    “This workshop is an opportunity to think about the future. A future where heritage is not only preserved, but also inspires new ways of living in our cities, telling our stories, and building more resilient, creative, and sustainable communities.”

    “The protection of cultural heritage is not only a matter of preserving buildings, it is also a way of ensuring that local communities benefit from their legacy and can use it as a source of development”.

    Over several days, the workshop brought together local heritage and tourism stakeholders, including community members, cultural associations, urban planning officials, tour guides, students from the Trinidad School of Tourism, and authorities. The objective was clear: to strengthen collaboration between the culture and tourism sectors to promote community-centered sustainable development.

    The program addressed two main themes:

    1. Promoting sustainable tourism and community participation, exploring responsible practices, regulatory frameworks, and strategies for integrating local identity into tourism experiences. Participants designed sustainable itineraries that reflect the cultural values and assets of Trinidad and the Valley of the Sugar Mills.
    2. Integrating the safeguarding of living heritage into urban planning, with training sessions for local actors to incorporate intangible heritage into urban development processes. At the end of the workshop, concrete actions were proposed to advance this integration.

    Communities are at the heart of heritage management and safeguarding policies and approaches, as they are the ones who create, maintain, and transmit intangible cultural heritage from generation to generation. They also play a key role in the management and supervision of World Heritage properties, contributing significantly to improving the visitor experience.

    In this context, the project supports strategies and mechanisms that recognize and promote community participation in two key areas: visitor management at World Heritage sites and the identification and safeguarding of intangible cultural heritage in urban contexts.

    This project is part of UNESCO’s Culture and Digital Technologies Program, with the generous support of the Ministry of Culture of the Kingdom of Saudi Arabia.

    MIL OSI United Nations News –

  • MIL-OSI: Lantronix Enters Into Cooperation Agreement With Investor Group Led by Chain of Lakes Investment Fund LLC

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., June 30, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX) (the “Company”), a global leader in compute and connectivity IoT solutions enabling Edge AI intelligence, today announced that it has entered into a cooperation agreement with Lantronix stockholders Chain of Lakes Investment Fund LLC (“Chain of Lakes”), Haluk L. Bayraktar and Emre Aciksoz. Under the terms of the agreement, James (Jim) C. Auker will be appointed to the Lantronix Board of Directors (the “Board”) and will be nominated for election at the Company’s 2025 Annual Meeting of Stockholders. The date of the Annual Meeting has not yet been announced.

    “Lantronix is committed to maximizing value for all Lantronix shareholders,” said Saleel Awsare, CEO and president of Lantronix. “We appreciate the constructive discussions with Chain of Lakes and are pleased to welcome Jim Auker to our Board. His perspective and experience will be valuable as we continue to execute on our strategic priorities.”

    “We value the collaborative approach taken by Saleel and the Lantronix Board to reach a positive outcome for the benefit of all Lantronix shareholders,” said Tim O’Connell, chief investment officer of Chain of Lakes. “We believe Jim Auker will be a strong addition to the Board and are confident his contributions will help guide Lantronix in its efforts to explore opportunities to enhance shareholder value.”

    Pursuant to their agreement with the Company, Chain of Lakes, Mr. Bayraktar and Mr. Aciksoz have agreed to customary standstill and voting commitments, among other provisions. The full agreement and required information in connection with the election of Mr. Auker to the Board will be filed with the U.S. Securities and Exchange Commission.

    About Lantronix

    Lantronix Inc. is a global leader in compute and connectivity IoT solutions that target high-growth industries, including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to achieve success in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    Forward-Looking Statements

    This news release contains forward-looking statements, including statements concerning management’s expectations about the future benefits of our entry into the cooperation agreement and the election of Mr. Auker to our Board. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. We have based our forward-looking statements on our current expectations and projections about trends affecting our business and industry and other future events. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. Forward-looking statements are subject to substantial risks and uncertainties that could cause our results or experiences, or future business, financial condition, results of operations or performance, to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. Other factors which could have a material adverse effect on our operations and future prospects or which could cause actual results to differ materially from our expectations include, but are not limited to: the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to a pandemic or similar outbreak, wars and recent conflicts in Europe, Asia and the Middle East, hostilities in the Red Sea, or other causes; our ability to successfully convert our backlog and current demand;  the impact of a pandemic or similar outbreak on our business, employees, customers, supply and distribution chains and the global economy; our ability to successfully implement our acquisition strategy or integrate acquired companies; uncertainty as to the future profitability of acquired businesses, and delays in the realization of, or the failure to realize, any accretion from acquisition transactions; acquiring, managing and integrating new operations, businesses or assets, and the associated diversion of management attention or other related costs or difficulties; our ability to continue to generate revenue from products sold into mature markets; our ability to develop, market, and sell new products; our ability to succeed with our new software offerings; our use of AI may result in reputational, competitive or financial harm and liability; fluctuations in our revenue due to the project-based timing of orders from certain customers; unpredictable timing of our revenues due to the lengthy sales cycle for our products and services and potential delays in customer completion of projects; our ability to accurately forecast future demand for our products; delays in qualifying revisions of existing products; constraints or delays in the supply of, or quality control issues with, certain materials or components; difficulties associated with the delivery, quality or cost of our products from our contract manufacturers or suppliers; risks related to the outsourcing of manufacturing and international operations; difficulties associated with our distributors or resellers; intense competition in our industry and resultant downward price pressure; rises in inventory levels and inventory obsolescence; undetected software or hardware errors or defects in our products; cybersecurity risks; our ability to obtain appropriate industry certifications or approvals from governmental regulatory bodies; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to protect patents and other proprietary rights and avoid infringement of others’ proprietary technology rights; issues relating to the stability of our financial and banking institutions and relationships; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; the impact of rising interest rates; our ability to attract and retain qualified management; and any additional factors included in our Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report; in our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025, filed with the SEC on May 9, 2025, including in the section entitled “Risk Factors” in Item 1A of Part II of such report; and in our other public filings with the SEC. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    Important Additional Information Regarding Proxy Solicitation

    We intend to file a proxy statement and proxy card with the SEC in connection with the solicitation of proxies for our 2025 Annual Meeting of Stockholders (the “Proxy Statement” and such meeting, the “2025 Annual Meeting”). The Company, our directors and certain of our executive officers are participants in the solicitation. Information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the Proxy Statement and other relevant documents to be filed with the SEC.

    Additional information regarding the participants and their respective interests in the Company by security holdings or otherwise is set forth under the captions “Corporate Governance and Board Matters,” “Executive Compensation” and “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” in our proxy statement for the 2024 Annual Meeting of Stockholders, filed with the SEC on Sept.30, 2024 (the “2024 Proxy Statement”) and available at sec.gov/Archives/edgar/data/1114925/000114036124042340/ny20032265x1_def14a.htm.

    To the extent holdings of such participants in our securities have changed since the amounts described in the 2024 Proxy Statement, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC. Details concerning the nominees of our Board of Directors for election at the 2025 Annual Meeting will be included in the Proxy Statement. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC, INCLUDING THE COMPANY’S DEFINITIVE PROXY STATEMENT, THE ACCOMPANYING PROXY CARD AND ANY AMENDMENTS AND SUPPLEMENTS THERETO BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. These documents, including the definitive Proxy Statement (and any amendments or supplements thereto) and other documents filed by us with the SEC, are available for no charge at the SEC’s website at http://www.sec.gov and at our investor relations website at https://www.lantronix.com/investor-relations/sec-filings.

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

    Lantronix Media Contact:        
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com
    949-212-0960

    Lantronix Analyst and Investor Contact:        
    investors@lantronix.com

    The MIL Network –

  • MIL-OSI: POET Technologies Provides Results of 2025 Annual General and Special Meeting

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 30, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets today reported the voting results of its Annual General and Special Meeting (the ”Meeting” or “AGSM”), which was held virtually on Friday, June 27, 2025.

    The Company’s VP Finance and Administration, Kevin Barnes, delivered customary introductions and the call to order, and POET’s Chairman of the Compensation Committee, Glen Riley, conducted the formal business of the Meeting, which included the approval of all proposals outlined in the Company’s management information circular and voting material as previously distributed to shareholders.

    Following the completion of the formal business portion of the Meeting, the Company presented a video highlighting the transformation of its operations—from product development through to manufacturing. This was followed by a presentation from Chief Executive Officer Dr. Suresh Venkatesan, who provided an overview of the Company’s 2024 activities and outlined near-term opportunities. A brief Q&A session concluded the presentations.

    The video presentation can be accessed from the Company’s website at: https://poet-technologies.com/videos.

    AGSM Voting Results Summary
    A detailed Report on Voting Results of the AGSM follows. In summary, the shareholders of the Company approved the following proposals:

    • Re-election of Suresh Venkatesan, Jean-Louis Malinge, Theresa Lan Ende, Glen Riley and Robert “Bob” Tirva as directors, with no director receiving less than 94% of the votes cast;
    • Appointment of Davidson & Company LLP as the Company’s auditors by 96% of the votes cast;
    • Approval of the Corporation’s Omnibus Equity Incentive Plan by 84% of the votes cast, which included an increase in the number of awards available to 17,007,771, representing 20% of the 85,022,787 common shares issued at the time of the meeting.

    Detailed Report of AGSM Voting Results
    In accordance with section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, this report briefly describes the matters voted upon and the outcome of the votes at the annual general and special meeting of shareholders of POET Technologies Inc. (the “Company“) held virtually via the MEETNOW.GlOBAL platform on June 27, 2025 (the “Meeting“). Each of the matters is described in greater detail in the Company’s management information circular dated May 1, 2025 (the “Circular“)

    1.      Election of Directors.

    Each of the nominees set for in the Circular were elected as directors to serve until the next annual meeting of shareholders, or until their respective successors are elected or appointed. The following table sets forth the vote of the shareholders at the Meeting with respect to the election of directors:

    Nominee For Withheld
    Number of Votes Percentage of Votes Number of Votes Percentage of Votes
    Glen Riley 6,475,012 94.43% 382,060 5.57%
    Jean-Louis Malinge 6,573,485 95.86% 283,586 4.14%
    Robert “Bob” Tirva 6,557,820 95.64% 299,251 4.36%
    Suresh Venkatesan 6,645,609 96.92% 211,462 3.08%
    Theresa Lan Ende 6,541,010 95.39% 316,061 4.61%
             

    2.      Appointment of Davidson & Company LLP.

    The Company’s shareholders approved the appointment of Davidson & Company LLP as auditors of the Company to hold office until the close of the next annual meeting of shareholders of the Company at such remuneration as may be fixed by the directors of the Company. The following table sets forth the vote of the shareholders at the Meeting with respect to the appointment of Davidson & Company LLP:

    For Withheld
    Number of Votes Percentage of Votes Number of Votes Percentage of Votes
    20,178,708 95.67% 914,338 4.33%
           

    3.      Amendment to Omnibus Plan

    The Company’s shareholders approved by an ordinary resolution an amendment to the Company’s omnibus equity incentive plan (the “Omnibus Plan”). The following table sets forth the vote of the shareholders at the Meeting with respect to the Omnibus Plan:

    For Against
    Number of Votes Percentage of Votes Number of Votes Percentage of Votes
    5,786,541 84.39% 1,070,529 15.61%
           

    The Company had 85,022,787 issued and outstanding shares at the time of the meeting. The awards issuable under the Omnibus Plan has been amended to 17,007,771.

    Restricted Stock Units (“RSUs”)
    Following the AGSM, the POET Board of Directors met to elect officers and to determine RSU grants for directors. For their service on the Board of Directors until the next Annual General Meeting, the directors were granted a total of 72,340 RSUs which will vest on the first anniversary of the grant. Should a director resign prior to the first anniversary of the grant, the RSUs will be vested pro-rata based on the time served as a director from the date of grant to the date of resignation. The number of RSUs granted was based on the allocation of total compensation to equity, using a per share price of CAD$7.23, being the closing price of the Company’s shares on June 27, 2025. The cash portion of each director’s compensation is paid over four quarters. Both are paid in accordance with an established formula for director compensation. The RSUs were granted subject to provisions of the Company’s 2025 Omnibus Incentive Plan and are subject to the TSX Venture Exchange policies and applicable securities laws. For further details on the Company’s share capital, refer to the Company’s Financial Statements and MD&A for the three-months ended March 31, 2025, which may be found on SEDAR+ and EDGAR.

    About POET Technologies Inc.
    POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles.  POET is headquartered in Toronto, Canada, with operations in Shenzhen, China, Penang, Malaysia and Singapore.  More information about POET is available on our website at www.poet-technologies.com.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI: First Merchants Corporation to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    MUNCIE, Ind., June 30, 2025 (GLOBE NEWSWIRE) — First Merchants Corporation (Nasdaq:FRME) will release second quarter 2025 financial results on July 23, 2025. The Corporation will host a second quarter 2025 earnings conference call and webcast at 9:00 a.m. (ET) on Thursday, July 24, 2025.

    To access via phone, participants will need to register using the following link where they will be provided a phone number and access code: (https://register-conf.media-server.com/register/BI605c2e360ce04cfc9c4221bda7f67a49)

    In order to view the webcast and presentation slides, please go to (https://edge.media-server.com/mmc/p/ced58zg3) during the time of the call. A replay of the webcast will be available until July 24, 2026.  

    About First Merchants Corporation

    First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank).

    First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).

    FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.

    FOR IMMEDIATE RELEASE
    For more information, contact:
    Nicole M. Weaver, First Vice President and Director of Corporate Administration
    765-521-7619
    http://www.firstmerchants.com

    The MIL Network –

  • MIL-OSI: First Merchants Corporation to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    MUNCIE, Ind., June 30, 2025 (GLOBE NEWSWIRE) — First Merchants Corporation (Nasdaq:FRME) will release second quarter 2025 financial results on July 23, 2025. The Corporation will host a second quarter 2025 earnings conference call and webcast at 9:00 a.m. (ET) on Thursday, July 24, 2025.

    To access via phone, participants will need to register using the following link where they will be provided a phone number and access code: (https://register-conf.media-server.com/register/BI605c2e360ce04cfc9c4221bda7f67a49)

    In order to view the webcast and presentation slides, please go to (https://edge.media-server.com/mmc/p/ced58zg3) during the time of the call. A replay of the webcast will be available until July 24, 2026.  

    About First Merchants Corporation

    First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank).

    First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).

    FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.

    FOR IMMEDIATE RELEASE
    For more information, contact:
    Nicole M. Weaver, First Vice President and Director of Corporate Administration
    765-521-7619
    http://www.firstmerchants.com

    The MIL Network –

  • MIL-OSI USA: SPC Jun 30, 2025 0600 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 300600

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0100 AM CDT Mon Jun 30 2025

    Valid 301200Z – 011200Z

    …THERE IS A MARGINAL RISK OF SEVERE THUNDERSTORMS ACROSS THE
    SOUTHERN PLAINS MIDWEST AND MID ATLANTIC AS WELL AS THE NORTHWEST…

    …SUMMARY…
    Scattered strong to severe thunderstorms remain possible across
    parts of the southern Plains, Ohio Valley, Midwest and the
    Mid-Atlantic today. A couple of severe thunderstorms also cannot be
    ruled out over parts of the Pacific Northwest.

    …Synopsis…
    A broad upper trough is forecast to intensify as it moves
    southeastward across the Great Lakes and Midwest through tonight. At
    the same time, sub-tropical ridging will build over the Plains,
    keeping stronger flow aloft displaced to the north. To the west of
    the ridge, an upper low will overspread portions of the West Coast.
    At the surface, a weak cold front will sag southward from the
    Midwest to the southern Plains. Numerous thunderstorms are likely
    ahead of the front with isolated damaging gusts and hail possible.

    …Midwest and Great lakes…
    Ahead of the slow-moving cold front, rich low-level moisture with
    dewpoints in the 70s F will be in place from MO/IL into Lower MI. A
    messy surface pattern, with multiple remnant outflows and cloud
    debris will likely modulate diurnal heating to some degree through
    the early afternoon. With little inhibition, scattered to numerous
    thunderstorms are expected by mid afternoon as ascent from the
    approaching upper trough overspreads the unstable air mass. Several
    loosely organized bands or clusters of strong pulse storms are
    likely. Weak mid-level flow and poor lapse rates suggests minimal
    potential for greater storm organization. Though high PWATS near 2
    inches will support heavy water loading and microburst potential,
    with the stronger storms.

    …OH valley to the Mid Atlantic…
    A similar pattern to the Midwest, with somewhat higher storm
    coverage, is expected from OH eastward into PA and the Mid Atlantic.
    Scattered to numerous thunderstorms should develop by late morning
    amid strong surface heating ahead of a subtle shortwave trough over
    the OH valley. 20-30 kt of mid-level flow could support some
    clustering of storms by early afternoon. Despite mediocre mid-level
    lapse rates less than 6 C/km, the high PWAT air mass and some
    consolidation of outflows could support isolated damaging wind
    potential across eastern OH, southern NY into PA and the Mid
    Atlantic states.

    …Southern Plains to the Ozarks…
    Scattered thunderstorms should develop by mid afternoon ahead of
    sagging cold front from the TX Panhandle across the southern Plains
    and western Ozarks. Beneath the northern fringes of the building sub
    tropical high, strong heating and rich boundary-layer moisture will
    support large buoyancy (MLCAPE (3000-4000 J/kg). Scattered
    thunderstorm development is likely ahead of the front, and along
    remnant outflows from overnight convection. Despite modest vertical
    wind shear, the large buoyancy may still support occasional strong
    to severe storms with the primary risk of damaging gusts and
    occasional hail.

    …Northern CA into southern OR…
    Ahead of the weak upper low over southern CA, southerly flow will
    aid in increasing mid-level moisture across parts of northern CA and
    southern OR. Ample heating, weak synoptic ascent and typical
    terrain-induced circulations will encourage scattered high-based
    thunderstorm development through the afternoon. Nearly dry adiabatic
    lapse rates from deep mixing of the boundary layer to near 500mb
    will favor strong downdrafts capable of isolated severe wind gusts.
    MUCAPE (~1000 J/kg) and 20-30 kt of southerly shear, may also
    support marginally severe hail with the strongest cores.

    ..Lyons/Darrow.. 06/30/2025

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    NOTE: THE NEXT DAY 1 OUTLOOK IS SCHEDULED BY 1300Z

    MIL OSI USA News –

  • MIL-OSI USA: SPC Jun 30, 2025 0600 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 300600

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0100 AM CDT Mon Jun 30 2025

    Valid 301200Z – 011200Z

    …THERE IS A MARGINAL RISK OF SEVERE THUNDERSTORMS ACROSS THE
    SOUTHERN PLAINS MIDWEST AND MID ATLANTIC AS WELL AS THE NORTHWEST…

    …SUMMARY…
    Scattered strong to severe thunderstorms remain possible across
    parts of the southern Plains, Ohio Valley, Midwest and the
    Mid-Atlantic today. A couple of severe thunderstorms also cannot be
    ruled out over parts of the Pacific Northwest.

    …Synopsis…
    A broad upper trough is forecast to intensify as it moves
    southeastward across the Great Lakes and Midwest through tonight. At
    the same time, sub-tropical ridging will build over the Plains,
    keeping stronger flow aloft displaced to the north. To the west of
    the ridge, an upper low will overspread portions of the West Coast.
    At the surface, a weak cold front will sag southward from the
    Midwest to the southern Plains. Numerous thunderstorms are likely
    ahead of the front with isolated damaging gusts and hail possible.

    …Midwest and Great lakes…
    Ahead of the slow-moving cold front, rich low-level moisture with
    dewpoints in the 70s F will be in place from MO/IL into Lower MI. A
    messy surface pattern, with multiple remnant outflows and cloud
    debris will likely modulate diurnal heating to some degree through
    the early afternoon. With little inhibition, scattered to numerous
    thunderstorms are expected by mid afternoon as ascent from the
    approaching upper trough overspreads the unstable air mass. Several
    loosely organized bands or clusters of strong pulse storms are
    likely. Weak mid-level flow and poor lapse rates suggests minimal
    potential for greater storm organization. Though high PWATS near 2
    inches will support heavy water loading and microburst potential,
    with the stronger storms.

    …OH valley to the Mid Atlantic…
    A similar pattern to the Midwest, with somewhat higher storm
    coverage, is expected from OH eastward into PA and the Mid Atlantic.
    Scattered to numerous thunderstorms should develop by late morning
    amid strong surface heating ahead of a subtle shortwave trough over
    the OH valley. 20-30 kt of mid-level flow could support some
    clustering of storms by early afternoon. Despite mediocre mid-level
    lapse rates less than 6 C/km, the high PWAT air mass and some
    consolidation of outflows could support isolated damaging wind
    potential across eastern OH, southern NY into PA and the Mid
    Atlantic states.

    …Southern Plains to the Ozarks…
    Scattered thunderstorms should develop by mid afternoon ahead of
    sagging cold front from the TX Panhandle across the southern Plains
    and western Ozarks. Beneath the northern fringes of the building sub
    tropical high, strong heating and rich boundary-layer moisture will
    support large buoyancy (MLCAPE (3000-4000 J/kg). Scattered
    thunderstorm development is likely ahead of the front, and along
    remnant outflows from overnight convection. Despite modest vertical
    wind shear, the large buoyancy may still support occasional strong
    to severe storms with the primary risk of damaging gusts and
    occasional hail.

    …Northern CA into southern OR…
    Ahead of the weak upper low over southern CA, southerly flow will
    aid in increasing mid-level moisture across parts of northern CA and
    southern OR. Ample heating, weak synoptic ascent and typical
    terrain-induced circulations will encourage scattered high-based
    thunderstorm development through the afternoon. Nearly dry adiabatic
    lapse rates from deep mixing of the boundary layer to near 500mb
    will favor strong downdrafts capable of isolated severe wind gusts.
    MUCAPE (~1000 J/kg) and 20-30 kt of southerly shear, may also
    support marginally severe hail with the strongest cores.

    ..Lyons/Darrow.. 06/30/2025

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    NOTE: THE NEXT DAY 1 OUTLOOK IS SCHEDULED BY 1300Z

    MIL OSI USA News –

  • MIL-OSI USA: Going the Distance: Lisa Pace Leads Exploration Development Integration at Johnson

    Source: NASA

    Lisa Pace knows a marathon when she sees one. An avid runner, she has participated in five marathons and more than 50 half marathons. Though she prefers to move quickly, she also knows the value of taking her time. “I solve most of my problems while running – or realize those problems aren’t worth worrying about,” she said.
    She has learned to take a similar approach to her work at NASA’s Johnson Space Center in Houston. “Earlier in my career, I raced to get things done and felt the need to do as much as possible on my own,” she said. “Over time, I’ve learned to trust my team and pause to give others an opportunity to contribute. There are times when quick action is needed, but it is often a marathon, not a sprint.”

    Pace is chief of the Exploration Development Integration Division within the Exploration Architecture, Integration, and Science Directorate at Johnson. In that role, she leads a team of roughly 120 civil servants and contractors in providing mission-level system engineering and integration services that bring different architecture elements together to achieve the agency’s goals. Today that team supports Artemis missions, NASA’s Commercial Lunar Payload Services initiative and other areas as needed.

    “The Artemis missions come together through multiple programs and projects,” Pace explained. “We stitch them together to ensure the end-to-end mission meets its intended requirements. That includes verifying those requirements before flight and ensuring agreements between programs are honored and conflicts resolved.” The division also manages mission-level review and flight readiness processes from planning through execution, up to the final certification of flight readiness.
    Leading the division through the planning, launch, and landing of Artemis I was a career highlight for Pace, though she feels fortunate to have worked on many great projects during her time with NASA. “My coolest and most rewarding project involved designing and deploying an orbital debris tracking telescope on Ascension Island about 10 years ago,” she said. “The engineers, scientists, and military personnel I got to work and travel with on that beautiful island is tough to top!”  
    Pace says luck and great timing led her to NASA. Engineering jobs were plentiful when she graduated from Virginia Tech in 2000, and she quickly received an offer from Lockheed Martin to become a facility engineer in Johnson’s Astromaterials Research and Exploration Science Division, or ARES. “I thought working in the building where they keep the Moon rocks would be cool – and it was! Twenty-five years later, I’m still here,” Pace said.
    During that time, she has learned a lot about problem-solving and team building. “I often find that when we disagree over the ‘right’ way to do something, there is no one right answer – it just depends on your perspective,” she said. “I take the time to listen to people, understand their side, and build relationships to find common ground.”

    She also emphasizes the importance of getting to know your colleagues. “Relationships are everything,” she said. “They make the work so much more meaningful. I carry that lesson over to my personal life and value my time with family and friends outside of work.”
    Investing time in relationships has given Pace another unexpected skill – that of matchmaker. “I’m responsible for setting up five couples who are now married, and have six kids between them,” she said, adding that she knew one couple from Johnson.
    She hopes that strong relationships transfer to the Artemis Generation. “I hope to pass on a strong NASA brand and the family culture that I’ve been fortunate to have, working here for the last 25 years.”

    MIL OSI USA News –

  • MIL-OSI USA: 2025-74 ATTORNEY GENERAL LOPEZ ISSUES STATEMENT ON U.S. SUPREME COURT DECISION IN BIRTHRIGHT CITIZENSHIP CASE

    Source: US State of Hawaii

    2025-74 ATTORNEY GENERAL LOPEZ ISSUES STATEMENT ON U.S. SUPREME COURT DECISION IN BIRTHRIGHT CITIZENSHIP CASE

    Posted on Jun 27, 2025 in Latest Department News, Newsroom

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

    DEPARTMENT OF THE ATTORNEY GENERAL

    KA ʻOIHANA O KA LOIO KUHINA

     

    ANNE LOPEZ

    ATTORNEY GENERAL

    LOIO KUHINA

     

    ATTORNEY GENERAL LOPEZ ISSUES STATEMENT ON U.S. SUPREME COURT DECISION IN BIRTHRIGHT CITIZENSHIP CASE

     

                                                                                                                News Release 2025-74

    FOR IMMEDIATE RELEASE

    June 27, 2025

    HONOLULU — Following today’s decision in the birthright citizenship case, Attorney General Anne Lopez, who represents the state of Hawaiʻi, issued the following statement:

    “The plain text of the Fourteenth Amendment to the U.S. Constitution is clear: all persons born in the United States are citizens of our nation. Three separate federal judges ruled that the Administration’s executive order purporting to end birthright citizenship is plainly unconstitutional. Nothing in the Supreme Court’s decision today modifies the judges’ decision that a presidential declaration purporting to end birthright citizenship is unlawful, unconstitutional and a dishonorable stain on our great country.

     

    Instead, today’s decision concerns the issue of the scope of injunctive relief. While we disagree with the Supreme Court’s decision, our case is still very much alive. The court recognized that nationwide orders can be appropriate to protect plaintiffs like Hawaiʻi from harm, when the facts merit such relief and gave the states the opportunity to continue to make their case. We look forward to protecting the rule of law and the inalienable rights of the people of Hawaiʻi.”

     

    Solicitor General Kalikoʻonālani Fernandes and Special Assistant to the Attorney General Dave Day represent the state of Hawaiʻi in this matter.

    # # #

     

    Media contacts:

    Dave Day

    Special Assistant to the Attorney General

    Hawaiʻi Department of the Attorney General

    Office: 808-586-1284

    Email: [email protected]

    Web: http://ag.hawaii.gov

    Toni Schwartz

    Public Information Officer

    Hawaiʻi Department of the Attorney General

    Office 808-586-1252

    Cell: 808-379-9249

    Email: [email protected]

    MIL OSI USA News –

  • MIL-OSI USA: News Release – DOH Confirms Ninth Travel-Related Dengue Virus Case of 2025

    Source: US State of Hawaii

    News Release – DOH Confirms Ninth Travel-Related Dengue Virus Case of 2025

    Posted on Jun 27, 2025 in Latest Department News, Newsroom

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

    DEPARTMENT OF HEALTH

    KA ʻOIHANA OLAKINO

     

    1. KENNETH FINK

    DIRECTOR

    KA LUNA HOʻOKELE

     

    DOH REPORTS NINTH TRAVEL-RELATED DENGUE VIRUS CASE OF 2025

    25-073

     

    FOR IMMEDIATE RELEASE

    June 27, 2025

    HONOLULU — The Hawai‘i Department of Health (DOH) has confirmed a new travel-related case of dengue virus on Oʻahu, bringing the total number of cases reported in Hawai‘i in 2025 to nine (eight on Oʻahu, one on Maui). The individual was likely exposed to the virus while traveling in a region where dengue is common.

    DOH teams have been deployed to conduct inspections and implement mosquito control measures in the affected area. The public is encouraged to follow best practices to help prevent local transmission, as outlined below.

    Dengue virus is spread when a mosquito bites an infected person and then bites another individual. Although Hawai‘i has mosquitoes capable of transmitting dengue, the disease is not currently endemic in the state. All confirmed cases in 2025 have been travel-related. Dengue is a year-round risk in the tropical and subtropical areas of Central and South America, Asia (including the Republic of the Philippines), the Middle East, Africa and several Pacific Islands, such as U.S. territories like American Samoa, the Federated States of Micronesia, the Republic of the Marshall Islands and the Republic of Palau. Many popular tourist destinations in the Caribbean, including Puerto Rico, are also affected.

    Anyone who plans to travel to or has recently visited an area with dengue risk is vulnerable to infection. The Centers for Disease Control and Prevention (CDC) advises travelers to take standard precautions when visiting such areas. This includes using an Environmental Protection Agency (EPA)-registered insect repellent, wearing long-sleeved shirts and long pants outdoors, and sleeping in air-conditioned rooms, rooms with window screens or under insecticide-treated bed nets.

    Some countries are reporting increased dengue cases, including Fiji, French Polynesia, Tonga, the Republic of the Philippines, Brazil, Colombia and Mexico. Travelers should review up-to-date country-specific travel information for guidance on dengue riskand prevention measures at least four to six weeks before traveling.

    Travelers returning from dengue-endemic areas should take precautions to prevent mosquito bites for three weeks. If dengue symptoms develop within two weeks of return, travelers should seek medical evaluation.

    Symptoms of dengue can range from mild to severe and include fever, nausea, vomiting, rash and body aches. Symptoms typically last two to seven days, and while severe illness can occur, most people recover within a week. Individuals who have recently traveled and are experiencing these symptoms should contact their healthcare provider. Healthcare providers and individuals who suspect a dengue infection are advised to call the Disease Reporting Line at 808-586-4586.

    In areas with suspected or confirmed dengue cases, DOH personnel from the Vector Control Branch (VCB) are conducting inspections and mosquito-reduction activities. Reducing mosquito populations lowers the risk of dengue transmission to others. In areas without reported dengue cases, eliminating mosquito breeding sites around the home is a helpful preventive measure.

    Mosquitoes need only small amounts of standing water to breed. Common breeding sites include buckets, water-catching plants (such as bromeliads), small containers, planters, rain barrels and even cups left outside. Pouring out containers of standing water can significantly reduce the potential for mosquito breeding.

    For more information, visit the Disease Outbreak Control Division (DOCD) and Vector Control Branch (VCB) websites.

    # # #

    Media contact:

    Adam LeFebvre

    Information Specialist

    Hawaiʻi State Department of Health

    Mobile: 808-436-6195

    Email: [email protected]

    MIL OSI USA News –

  • MIL-OSI USA: Office of the Governor – Statement – Governor Green Statement on BLNR Decision

    Source: US State of Hawaii

    Office of the Governor – Statement – Governor Green Statement on BLNR Decision

    Posted on Jun 27, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases

    STATE OF HAWAIʻI
    KA MOKU ʻĀINA O HAWAIʻI
     
    JOSH GREEN, M.D.
    GOVERNOR
    KE KIAʻĀINA
     

    STATEMENT FROM GOVERNOR GREEN ON BLNR DECISION

    FOR IMMEDIATE RELEASE
    June 27, 2025

    The following is attributable to Governor Josh Green, M.D.:

    “The Board’s vote on the Army’s Final Environmental Impact Statement underscores the need for continued dialogue and shared responsibility when it comes to the future of state lands.

    “The Army’s proposal to retain a smaller footprint on Oʻahu reflects a commitment to align important military training with community and environmental considerations. We acknowledge and appreciate the Army’s dedicated engagement throughout this process. As global threats grow more complex and regional stability becomes more fragile, Hawai‘i’s unique position at the heart of the Indo-Pacific makes it vital to the defense of both our islands and the nation — highlighting the importance of maintaining military readiness that is both effective and accountable to the communities it serves.

    “Ensuring our Armed Forces remain prepared and resilient is a priority, and as we move forward, my administration is committed to working with all parties to ensure that next steps are guided by transparency, a shared sense of purpose, kuleana to future generations and long-term benefit to the people of Hawai‘i.”

     # # #

    Media Contacts:  
    Erika Engle
    Press Secretary
    Office of the Governor, State of Hawai‘i
    Office: 808-586-0120
    Email: [email protected]

    Makana McClellan
    Director of Communications
    Office of the Governor, State of Hawaiʻi
    Cell: 808-265-0083
    Email: [email protected]

    MIL OSI USA News –

  • MIL-OSI USA: HAWAI‘I GREEN BUSINESS AWARDS PROGRAM HONORS LOCAL BUSINESSES AND EVENTS FOR SUSTAINABILITY PRACTICES

    Source: US State of Hawaii

    HAWAI‘I GREEN BUSINESS AWARDS PROGRAM HONORS LOCAL BUSINESSES AND EVENTS FOR SUSTAINABILITY PRACTICES

    Posted on Jun 27, 2025 in Latest Department News, Newsroom

    STATE OF HAWAIʻI
     KA MOKU ʻĀINA O HAWAIʻI

    JOSH GREEN, M.D.
     GOVERNOR
    KE KIAʻĀINA

     

    DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM

    KA ʻOIHANA HOʻOMOHALA PĀʻOIHANA, ʻIMI WAIWAI A HOʻOMĀKAʻIKAʻI

     

    JAMES KUNANE TOKIOKA

    DIRECTOR

    KA LUNA HOʻOKELE

     

    HAWAIʻI STATE ENERGY OFFICE

    KE‘ENA HANA UILA MOKU‘ĀINA

    MARK B. GLICK

    CHIEF ENERGY OFFICER

    LUNA IKEHU

     

    2024/2025 HAWAI‘I GREEN BUSINESS AWARDS PROGRAM HONORS LOCAL BUSINESSES AND EVENTS FOR SUSTAINABILITY PRACTICES  

     

    FOR IMMEDIATE RELEASE

    June 27, 2025

     

    HONOLULU —The Hawai‘i Green Business Program (HGBP) recognized 45 Hawai‘i businesses and events today for their commitment to energy and water efficiency, waste reduction, pollution prevention and community involvement, as well as cultural and natural resource preservation.

    The 45 awardees representing six islands were recognized during the annual HGBP awards ceremony at historical Washington Place. Hosted by the Hawai‘i State Energy Office, the Honolulu Board of Water Supply and Hawaiʻi Energy, the awards program

    showcases the businesses advancing Hawaiʻi’s clean energy and sustainability goals, emphasizing energy efficiency as a key solution in accelerating Hawaiʻi’s move to renewable energy.

    Governor Josh Green, M.D., praised awardees for their commitment to sustain the ecological, cultural and economic health of Hawaiʻi, heralding lawmakers for the 2025 passage of the nation’s first climate impact fee to fund environmental stewardship and address the impacts of climate change.

    Governor Green said, “At a time when environmental protections are being repealed at the federal level, Hawaiʻi will not forfeit its commitment to a more resilient, clean economy. The businesses and organizations we recognize today honor a statewide commitment to malama ʻāina — to steward our precious natural resources for future generations.”

    “Simply put,” said Hawai’i Chief Energy Officer Mark Glick, “using less energy means we need to generate less. These 45 businesses are among the best applying efficiency to our commercial building stock and energy efficient business practices make a profound difference.”

    Newly appointed state director of energy efficiency and renewable energy Monique Zanfes concluded, “Many of the businesses in this room rely on Hawai‘i’s natural resources not just for operations, but as the foundation of what draws people here. Protecting these resources isn’t just the right thing to do — it’s essential to the long-term viability and health of Hawai‘i. I thank them for leading by example.”

    The honorees of this year’s Hawai‘i Green Business Program Awards are:

      Green Hotels, Resorts, Venue and Office Awardees:

    • Ala Moana Hotel by Mantra
    • Halekulani
    • Halepuna Waikiki
    • Hokulani, a Hilton Grand Vacations Club
    • The Kahala Hotel & Resort
    • Marriott’s Ko Olina Beach Club
    • Prince Waikiki
    • Kings’ Land, a Hilton Grand Vacations Club
    • Maui Bay Villas, a Hilton Grand Vacations Club
    • The Cliffs at Princeville
    • Four Seasons Resort O‘ahu at Ko Olina
    • Four Seasons Resort Maui at Wailea
    • Four Seasons Resort Lānaʻi
    • Sensei Lānaʻi, A Four Seasons Resort
    • Hawai‘i Convention Center
    • Waialae Country Club
    • Honeywell International/Smart Energy
    • Coradorables Sustainable Corporation

    Green Event Awardees:

    • 2024 Hawai‘i Library Association/HASL HLA Conference
    • 2025 Sony Open
    • Artist Waltz
    • Green Business Engagement National Network 7th National GBENN Summit
    • Sentry 2024 Golf Tournament

    Entry Level Program Awardees:

    • Coconut Ave
    • Drip Studio
    • The Fresh Shave
    • Hoku Foods Natural Market
    • Kilauea Bakery
    • Lady Elaine
    • Leong’s Road House
    • Little Plum
    • Uncle Paul’s Corner Store
    • Maui Juice Co.
    • Morning Glass Coffee
    • Pele’s Kitchen
    • Pu‘u O Hōkū Ranch
    • Sweet Cane Café
    • The Locavore Store
    • Oko‘a Farms Produce
    • Hanalei Spirits Distillery
    • Kaua‘i Island Brewing Co.
    • Kona Brewing Company
    • Lanikai Brewing Co.
    • Maui Brewing Company
    • Waikulu Distillery

    In one year, the energy efficiency measures of the above businesses resulted in 38.8 million gallons of water saved, 6.5 million kWh of electricity saved, 22.7 tons of green waste diverted, 12,372 tons of waste recycled,119,110 therms (1 therm = 100,000 BTUs) of gas saved, 6,725 metric tons of CO2 equivalent for electricity kWh reduced and 945 metric tons of CO2 equivalent for gas reduced.

     

     

     # # #  

      

    Media Contacts:   

     

    Yvonne Hunter

    Strategy and Marketing Officer

    Hawaiʻi State Energy Office

    Cell: 808-497-0080

    Laci Goshi

    Communications Officer

    Department of Business, Economic Development and Tourism

    Cell: 808-518-5480

    Erika Engle

    Press Secretary

    Office of the Governor, State of Hawai‘i

    Phone: 808-586-0120

    Makana McClellan

    Director of Communications

    Office of the Governor, State of Hawaiʻi

    Cell: 808-265-0083

     

                    

    MIL OSI USA News –

  • MIL-OSI USA: DLNR News Release – LAND BOARD VOTES NOT TO ACCEPT ENVIRONMENTAL IMPACT STATEMENT FOR ARMY LEASES ON OʻAHU, June 27, 2025

    Source: US State of Hawaii

    DLNR News Release – LAND BOARD VOTES NOT TO ACCEPT ENVIRONMENTAL IMPACT STATEMENT FOR ARMY LEASES ON OʻAHU, June 27, 2025

    Posted on Jun 27, 2025 in Latest Department News, Newsroom

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

         JOSH GREEN, M.D.
    GOVERNOR

    KE KIAʻĀINA

     

    DEPARTMENT OF LAND AND NATURAL RESOURCES

    KA ‘OIHANA KUMUWAIWAI ‘ĀINA

     

    DAWN N.S. CHANG
    CHAIRPERSON

     

     

    LAND BOARD VOTES NOT TO ACCEPT ENVIRONMENTAL IMPACT STATEMENT FOR ARMY LEASES ON OʻAHU

     

     

    FOR IMMEDIATE RELEASE

    June 27, 2025

      

    HONOLULU — Citing significant gaps in environmental analysis as presented by DLNR staff, the Board of Land and Natural Resources (BLNR) voted not to accept the U.S. Army’s final Environmental Impact Statement (FEIS) for the retention of state lands on Oʻahu. The BLNR’s decision was after hours of impassioned public testimony, primarily against the Army’s FEIS.

    Three Oʻahu sites were under consideration for this FEIS: state-leased portions of the Kahuku Training Area (KTA), the Kawailoa-Poamoho Training Area (Poamoho) and the Mākua Military Reservation (MMR).

    The decision follows last month’s BLNR vote to not accept the Army’s FEIS for Pōhakuloa Training Area on Hawaiʻi Island. “The action before the BLNR was whether to accept or non-acceptance of the FEIS based upon specific legal criteria set forth in Hawaii Revised Statutes Chapter 343 and relevant administrative rules. Applying the legal criteria to the FEIS, reviewing hundreds of written and oral testimonies, as well as comments from DLNR’s own divisions, the BLNR members voted to not accept the FEIS,” said DLNR Chair Dawn Chang. “The FEIS did not meet that bar.”

    DLNRʻs Land Division (LD) consulted with multiple other divisions within the department, including the Commission on Water Resources Management (CWRM), the Division of Aquatic Resources (DAR), the Division of Forestry and Wildlife (DOFAW), the Office of Conservation and Coastal Lands (OCCL) and the State Historic Preservation Division (SHPD) to review the FEIS. LD staff provided the BLNR a recommendation of non-acceptance based on a clear lack of baseline data to enable the DLNR and the BLNR to determine and understand the extent of any impacts to natural, historical and cultural resources. In the board submittal, the LD indicated this was a consensus among all the Divisions.

    Areas where staff felt the FEIS fell short included adequately accounting for known and likely archaeological sites, lack of recent data for biological resources and absence of stream aquatic surveys. Each of these concerns was raised in the draft EIS phase, but went unaddressed in the final report. 

    An FEIS is intended to support informed decision-making and does not, by itself, authorize any land use. A separate review and determination would be required should such a request be brought before the BLNR in the future.

    The Army’s current lease for more than 6,000 acres of state-owned land at the three sites on Oʻahu is set to expire in 2029.

     

    # # # 

     

    RESOURCES 

    (All images/video courtesy: DLNR) 

     

    Video and Photgraphs – Board of Land and Natural Resources Meeting and Chair Dawn Chang News Conference (June 27, 2025): https://www.dropbox.com/scl/fo/hbpd2qs28jjdfx72t4o52/ANnFfqfJLCgr1KbqsdJQu78?rlkey=iuj5ju0b77u3az4bnw7aq2jab&st=rzvn426n&dl=0

     

    (Note: video will be uploaded to folder as available)

     

     

    Media Contacts: 

    Patti Jette                                                                                          Dan Dennison

    Communications Specialist                                                           Communications Director

    Hawai‘i Dept. of Land and Natural Resources                            Hawai‘i DLNR

    808-587-0396                                                                                   808-587-0396

    [email protected]                                                            [email protected]

    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom signs balanced state budget that cuts taxes for vets, fully funds free school meals, builds more housing, & creates jobs

    Source: US State of California 2

    Jun 27, 2025

    ✅ FUNDED: Tax cut for military retirees

    ✅ FUNDED: Universal pre-kindergarten for all 

    ✅ FUNDED: Expanded before school, after school, & summer school

    ✅ FUNDED: Free school meals for all kids 

    ✅ FUNDED: Game-changing literacy & reading investments

    ✅ FUNDED: Building more housing, ASAP

    ✅ FUNDED: Lowering drug costs

    ✅ FUNDED: Expanding medication abortion access with CalRx

    ✅ FUNDED: Historic firefighting & public safety investments

    ✅ FUNDED: Protecting California’s iconic film industry

    Signing of landmark package to cut red tape, fast-track housing, and infrastructure forthcoming  

    SACRAMENTO – Amid Donald Trump’s economic assault on California, Governor Gavin Newsom today signed the 2025 state budget bill advanced in partnership with Senate President pro Tempore Mike McGuire and Speaker Robert Rivas. Together, the Governor and Legislature are enacting a responsible, balanced spending plan that safeguards California’s values while maintaining long-term fiscal health. This budget and forthcoming trailer bills include new, landmark policies that will accelerate housing production and boost affordability in communities across the state — addressing California’s most urgent challenges.

    As we confront Donald Trump’s economic sabotage, this budget agreement proves California won’t just hold the line — we’ll go even further. It’s balanced, it maintains substantial reserves, and it’s focused on supporting Californians — slashing red tape and catapulting housing and infrastructure development, preserving essential healthcare services, funds universal pre-K, and cuts taxes for veterans.

    Governor Gavin Newsom

    Pro Tem Mike McGuire says: “The State is delivering a responsible on-time budget in a challenging year focused on fiscal restraint and investing in the people and programs that make this State great. This budget prioritizes record funding for our kids and public schools, protects access to health care for millions of the most vulnerable, and will create more housing at a scale not seen in years. Thanks to this budget agreement, the state will help get more folks off the streets and into permanent shelter, and we’ll expand the ranks of CalFire, deploying hundreds of additional full-time CalFire firefighters, which will save lives and make us all more wildfire safe. And this agreement helps prepare our state for the ongoing chaos and massive uncertainty caused by the Trump administration. Thank you to our Senate Budget Chair Scott Wiener, Speaker Rivas and Governor Newsom and their staffs for their hard work for the people of California.”

    Speaker Robert Rivas says: “This is an incredibly difficult time for Californians. Trump is undermining our economy with reckless tariffs, harsh cuts, and ICE agents terrorizing our communities. At a moment when so many are already struggling, he’s adding fear and instability. In contrast, Democrats have delivered a budget that protects California. It cuts red tape to build more housing faster — because housing is the foundation of affordability and opportunity. It preserves critical investments in health care, women’s health, education, and public safety. And it honors our commitment not to raise taxes on families, workers, or small businesses. In unprecedented times, under painful circumstances, Democrats are delivering for Californians.”

    Tax cuts for vets, smaller class sizes, free school meals

    The budget reflects a shared commitment to protect opportunity and improve affordability in California, in the face of targeted attacks by the Trump administration. The budget makes historic investments in public education — from universal transitional kindergarten and free school meals to expanded before and after-school programs, summer school, smaller class sizes, and strengthened career training and higher education. The budget demonstrates the state’s commitment to honoring veterans by creating tax cuts for military retirees, recognizing their service and supporting their financial security. 

    Lowering prescription drug costs, protecting reproductive care, and safety nets 

    The budget preserves key health care programs for Californians targeted by Republicans. It preserves vital safety net programs, including in-home supportive services and women’s reproductive health. As part of the budget, the Governor is also expected to sign legislation protecting access to health care, license and regulate Pharmacy Benefit Managers for the first time, increasing transparency and accountability in the pharmacy supply chain. The legislation also expands CalRx’s authority to procure brand-name drugs and respond to politically motivated supply disruptions, helping shield access to critical medications like mifepristone.

    Lights, camera, JOBS

    The budget protects California’s position as the 4th largest economy in the world – supporting business and continued economic growth, including California’s iconic film industry. Next week, the Governor is expected to sign additional legislation as part of the expansion of the film and TV tax credit program — further catapulting the program’s impact to $750 million a year.

    Trump’s economic assault

    The balanced budget comes as California continues to confront significant fiscal pressures fueled by the Trump administration’s reckless economic and immigration policies. According to the California Department of Finance, Trump’s tariff regime is projected to cost the state an estimated $16 billion in lost General Fund revenue through the next fiscal year. And a new study released June 17 by the Bay Area Council Economic Institute, in collaboration with UC Merced, found that Trump’s mass deportations could slash $275 billion from California’s economy, eliminate $23 billion in annual tax revenue, and severely disrupt key industries such as agriculture, construction, and hospitality. 

    In the face of these mounting challenges, the Governor issued a proclamation to access state reserves. This responsible and balanced budget protects Californians, creates more housing, preserves core programs, reinforces fiscal discipline, and invests in the state’s long-term economic strength.

    The Governor today announced signing the following bills:

    • AB 102 by Assemblymember Jesse Gabriel (D-Encino) – Budget Act of 2025.
    • AB 118 by the Committee on Budget – Human services.
    • AB 121 by the Committee on Budget – Education finance: education omnibus budget trailer bill.
    • AB 123 by the Committee on Budget – Higher education budget trailer bill.
    • AB 134 by the Committee on Budget – Public Safety.
    • AB 136 by the Committee on Budget – Courts.
    • AB 143 by the Committee on Budget – Developmental services.
    • SB 101 by the Senator Scott Wiener (D-San Francisco) – Budget Act of 2025.
    • SB 103 by the Senator Scott Wiener (D-San Francisco) – Budget Acts of 2022, 2023, and 2024.
    • SB 120 by the Committee on Budget and Fiscal Review – Early childhood education and childcare.
    • SB 124 by the Committee on Budget and Fiscal Review – Public resources trailer bill.
    • SB 127 by the Committee on Budget and Fiscal Review – Climate change.
    • SB 128 by the Committee on Budget and Fiscal Review – Transportation.
    • SB 132 by the Committee on Budget and Fiscal Review – Taxation.
    • SB 141 by the Committee on Budget and Fiscal Review – California Cannabis Tax Fund: Department of Cannabis Control: Board of State and Community Corrections grants.
    • SB 142 by the Committee on Budget and Fiscal Review – Deaf and Disabled Telecommunications Program.

    The Governor’s signature on the state budget is contingent on the enactment of either AB 131 or SB 131 on Monday, June 30th.

    Para leer este comunicado en español, haga clic aquí.

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    Jun 27, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments: Neal Payton, of Santa Monica, has been appointed to the State Historical Resources Commission. Payton has been Senior Principal at Torti Gallas + Partners since 1996. He was Associate…

    Jun 27, 2025

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    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom signs balanced state budget that cuts taxes for vets, fully funds free school meals, builds more housing, & creates jobs

    Source: US State of California 2

    Jun 27, 2025

    ✅ FUNDED: Tax cut for military retirees

    ✅ FUNDED: Universal pre-kindergarten for all 

    ✅ FUNDED: Expanded before school, after school, & summer school

    ✅ FUNDED: Free school meals for all kids 

    ✅ FUNDED: Game-changing literacy & reading investments

    ✅ FUNDED: Building more housing, ASAP

    ✅ FUNDED: Lowering drug costs

    ✅ FUNDED: Expanding medication abortion access with CalRx

    ✅ FUNDED: Historic firefighting & public safety investments

    ✅ FUNDED: Protecting California’s iconic film industry

    Signing of landmark package to cut red tape, fast-track housing, and infrastructure forthcoming  

    SACRAMENTO – Amid Donald Trump’s economic assault on California, Governor Gavin Newsom today signed the 2025 state budget bill advanced in partnership with Senate President pro Tempore Mike McGuire and Speaker Robert Rivas. Together, the Governor and Legislature are enacting a responsible, balanced spending plan that safeguards California’s values while maintaining long-term fiscal health. This budget and forthcoming trailer bills include new, landmark policies that will accelerate housing production and boost affordability in communities across the state — addressing California’s most urgent challenges.

    As we confront Donald Trump’s economic sabotage, this budget agreement proves California won’t just hold the line — we’ll go even further. It’s balanced, it maintains substantial reserves, and it’s focused on supporting Californians — slashing red tape and catapulting housing and infrastructure development, preserving essential healthcare services, funds universal pre-K, and cuts taxes for veterans.

    Governor Gavin Newsom

    Pro Tem Mike McGuire says: “The State is delivering a responsible on-time budget in a challenging year focused on fiscal restraint and investing in the people and programs that make this State great. This budget prioritizes record funding for our kids and public schools, protects access to health care for millions of the most vulnerable, and will create more housing at a scale not seen in years. Thanks to this budget agreement, the state will help get more folks off the streets and into permanent shelter, and we’ll expand the ranks of CalFire, deploying hundreds of additional full-time CalFire firefighters, which will save lives and make us all more wildfire safe. And this agreement helps prepare our state for the ongoing chaos and massive uncertainty caused by the Trump administration. Thank you to our Senate Budget Chair Scott Wiener, Speaker Rivas and Governor Newsom and their staffs for their hard work for the people of California.”

    Speaker Robert Rivas says: “This is an incredibly difficult time for Californians. Trump is undermining our economy with reckless tariffs, harsh cuts, and ICE agents terrorizing our communities. At a moment when so many are already struggling, he’s adding fear and instability. In contrast, Democrats have delivered a budget that protects California. It cuts red tape to build more housing faster — because housing is the foundation of affordability and opportunity. It preserves critical investments in health care, women’s health, education, and public safety. And it honors our commitment not to raise taxes on families, workers, or small businesses. In unprecedented times, under painful circumstances, Democrats are delivering for Californians.”

    Tax cuts for vets, smaller class sizes, free school meals

    The budget reflects a shared commitment to protect opportunity and improve affordability in California, in the face of targeted attacks by the Trump administration. The budget makes historic investments in public education — from universal transitional kindergarten and free school meals to expanded before and after-school programs, summer school, smaller class sizes, and strengthened career training and higher education. The budget demonstrates the state’s commitment to honoring veterans by creating tax cuts for military retirees, recognizing their service and supporting their financial security. 

    Lowering prescription drug costs, protecting reproductive care, and safety nets 

    The budget preserves key health care programs for Californians targeted by Republicans. It preserves vital safety net programs, including in-home supportive services and women’s reproductive health. As part of the budget, the Governor is also expected to sign legislation protecting access to health care, license and regulate Pharmacy Benefit Managers for the first time, increasing transparency and accountability in the pharmacy supply chain. The legislation also expands CalRx’s authority to procure brand-name drugs and respond to politically motivated supply disruptions, helping shield access to critical medications like mifepristone.

    Lights, camera, JOBS

    The budget protects California’s position as the 4th largest economy in the world – supporting business and continued economic growth, including California’s iconic film industry. Next week, the Governor is expected to sign additional legislation as part of the expansion of the film and TV tax credit program — further catapulting the program’s impact to $750 million a year.

    Trump’s economic assault

    The balanced budget comes as California continues to confront significant fiscal pressures fueled by the Trump administration’s reckless economic and immigration policies. According to the California Department of Finance, Trump’s tariff regime is projected to cost the state an estimated $16 billion in lost General Fund revenue through the next fiscal year. And a new study released June 17 by the Bay Area Council Economic Institute, in collaboration with UC Merced, found that Trump’s mass deportations could slash $275 billion from California’s economy, eliminate $23 billion in annual tax revenue, and severely disrupt key industries such as agriculture, construction, and hospitality. 

    In the face of these mounting challenges, the Governor issued a proclamation to access state reserves. This responsible and balanced budget protects Californians, creates more housing, preserves core programs, reinforces fiscal discipline, and invests in the state’s long-term economic strength.

    The Governor today announced signing the following bills:

    • AB 102 by Assemblymember Jesse Gabriel (D-Encino) – Budget Act of 2025.
    • AB 118 by the Committee on Budget – Human services.
    • AB 121 by the Committee on Budget – Education finance: education omnibus budget trailer bill.
    • AB 123 by the Committee on Budget – Higher education budget trailer bill.
    • AB 134 by the Committee on Budget – Public Safety.
    • AB 136 by the Committee on Budget – Courts.
    • AB 143 by the Committee on Budget – Developmental services.
    • SB 101 by the Senator Scott Wiener (D-San Francisco) – Budget Act of 2025.
    • SB 103 by the Senator Scott Wiener (D-San Francisco) – Budget Acts of 2022, 2023, and 2024.
    • SB 120 by the Committee on Budget and Fiscal Review – Early childhood education and childcare.
    • SB 124 by the Committee on Budget and Fiscal Review – Public resources trailer bill.
    • SB 127 by the Committee on Budget and Fiscal Review – Climate change.
    • SB 128 by the Committee on Budget and Fiscal Review – Transportation.
    • SB 132 by the Committee on Budget and Fiscal Review – Taxation.
    • SB 141 by the Committee on Budget and Fiscal Review – California Cannabis Tax Fund: Department of Cannabis Control: Board of State and Community Corrections grants.
    • SB 142 by the Committee on Budget and Fiscal Review – Deaf and Disabled Telecommunications Program.

    The Governor’s signature on the state budget is contingent on the enactment of either AB 131 or SB 131 on Monday, June 30th.

    Para leer este comunicado en español, haga clic aquí.

    Recent news

    Jun 27, 2025

    News ✅ CUMPLIDO: Reducción de impuestos para jubilados militares ✅ CUMPLIDO: Pre-kinder universal para todos ✅ CUMPLIDO: Ampliación de programas antes y después de clases y cursos de verano ✅ CUMPLIDO: Alimentación escolar gratuita para todos los niños ✅ CUMPLIDO:…

    Jun 27, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments: Neal Payton, of Santa Monica, has been appointed to the State Historical Resources Commission. Payton has been Senior Principal at Torti Gallas + Partners since 1996. He was Associate…

    Jun 27, 2025

    News What you need to know: The federal Republicans’ “Big, Beautiful bill” would eliminate health coverage for up to 3.4 million Californians, cut at least $28.4 billion in federal Medicaid funding, and put food assistance at risk for the hundreds of thousands of…

    MIL OSI USA News –

  • MIL-OSI: Hut 8 Energizes Vega Data Center

    Source: GlobeNewswire (MIL-OSI)

    205 MW facility will support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling

    Believed to be the largest single-building Bitcoin mining facility by nameplate hashrate

    MIAMI, June 30, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced the initial energization of Vega. Based on publicly available information, we believe Vega to be the largest single-building Bitcoin mining facility by nameplate hashrate. Spanning the equivalent of five football fields and covering 162,000 square feet, Vega is powered by 205 megawatts (“MW”) of nameplate energy capacity and at full energization will support up to ~15 exahash per second (“EH/s”) of BITMAIN U3S21EXPH servers for Bitcoin mining ASIC compute, or nearly 2.0% of current global Bitcoin network hashrate.

    Vega debuts a new Tier I data center form factor that narrows the gap between legacy air-cooled ASIC infrastructure and liquid-cooled GPU infrastructure. Unlike traditional mining facilities that rely on forced-air cooling and shelving systems that constrain compute density, Vega features a proprietary, rack-based, direct-to-chip liquid cooling system designed in-house by Hut 8. The architecture supports ASIC deployments at densities of up to 180 kilowatts (“kW”) per rack.

    The system’s modular architecture—including pump skids, fluid distribution networks, server racks, switchboards, and smart power distribution units—was designed by Hut 8’s in-house development organization to optimize thermal efficiency, miner stability, and operational reliability. The result is materially higher compute density, greater thermal control, and improved uptime in high-ambient environments like Texas. Initial customer discussions support the potential viability of this architecture for future iterations of high-density, direct-to-chip liquid cooled infrastructure to support emerging HPC workloads and customer needs.

    “Vega exemplifies our innovation-driven approach to digital infrastructure design,” said Asher Genoot, CEO of Hut 8. “We built it for where we believe the market is going, using modular architecture and adaptive thermal systems designed to scale and evolve as workload requirements grow more complex. Over the past several weeks, as we’ve brought the site online, it has become clear how well this architecture performs under real-world conditions.”

    “Vega’s design is particularly relevant for AI training and other non-customer-facing HPC workloads, where we believe speed, density, and cost efficiency will increasingly take precedence over traditional redundancy standards,” said Jake Palmer, Senior Vice President of Development at Hut 8. “The project represents a design philosophy we intend to scale, refine, and deploy as we continue to bridge the gap between high-cost, high-redundancy builds and lower-cost, application-optimized infrastructure.”

    BITMAIN is the client for the full ~15 EH/s deployment at Vega under an ASIC colocation agreement. Based on ERCOT forward energy prices, the agreement is expected to generate between $110 million and $120 million in annualized revenue upon full energization, subject to factors including ERCOT energy pricing and facility uptime. The agreement also includes a purchase option that allows Hut 8 to acquire all or part of the hosted fleet in up to three tranches at a fixed price, exercisable within six months of each tranche’s energization. This structure gives Hut 8 the ability to convert the deployment into self-mining capacity for its Bitcoin mining subsidiary, American Bitcoin Corp., supporting growth in its scale from 10 EH/s to 25 EH/s.

    “We are proud to have partnered with Hut 8 to successfully develop and commercialize the next generation of ASIC compute technology,” said Irene Gao, Vice President of Mining at BITMAIN. “Vega demonstrates what is possible when two industry leaders with deep technical expertise come together to push the boundaries of performance, efficiency, and design. We believe this collaboration has set a new benchmark for the industry, and we look forward to expanding on this success in the coming years.”

    Project Highlights

    • Industrial scale: 205 MW of nameplate capacity with a power usage effectiveness (“PUE”) of 1.06, powered behind-the-meter by a wind farm and front-of-the-meter by the ERCOT grid
    • Rack-based architecture: Proprietary rack-based architecture supports 180 kilowatts per rack, 50% higher than the 120-kW requirement of NVIDIA Blackwell HGX GPUs
    • Next-generation ASIC compute technology: Site will host up to 17,280 BITMAIN U3S21EXPH servers (at full energization), the first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within a U form factor, each delivering up to 860 terahash per second (“TH/s”) at 13 joules per terahash (“J/TH”)
    • Direct-to-chip liquid cooling: 96 custom-designed cooling modules circulate 120,000 gallons of glycol-water solution through a closed-loop, reverse return system designed to reduce water consumption versus conventional high-density cooling systems
    • Capital efficiency: Estimated all-in cost of approximately $430,000 to $450,000 per MW of nameplate capacity
    • Time to market: From site acquisition in July 2024 to initial energization in June 2025, Vega was brought online in under a year, demonstrating Hut 8’s ability to use Bitcoin mining infrastructure development to rapidly monetize power assets
    • Commercialization through ASIC Colocation: BITMAIN will consume the full ~15 EH/s deployment at full energization pursuant to a colocation agreement that will generate revenue for Hut 8’s Digital Infrastructure segment and includes a purchase option that, if exercised, would enable American Bitcoin to scale its self-mining capacity from 10 to ~25 EH/s

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the ability of the Vega facility to support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling, the ability of Vega’s new Tier I data center form factor to narrow the gap between legacy air-cooled ASIC infrastructure and liquid-cooled GPU infrastructure, the ability of the infrastructure at the Vega facility to support ASIC deployments at densities of up to 180 kW per rack, the ability of the facility’s modular infrastructure to scale and evolve as workload requirements grow more complex, the performance of the infrastructure deployed at the Vega facility under real-world conditions, the relevance of the Vega design to AI training and other non-customer-facing HPC workloads, Hut 8’s intention to scale, refine, and deploy its design philosophy to bridge the gap between high-cost, high-redundancy builds and lower-cost, application-optimized infrastructure, the estimated revenues from the Bitmain colocation agreement and the factors impacting such revenues, the potential exercise of the ASIC purchase option and the benefits thereof to Hut 8 and American Bitcoin Corp., the total all-in cost to develop the Vega facility, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; construction of new data centers, data center expansions, or data center redevelopment; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/99a463ce-e274-4ee7-a8e4-e134abc19825

    https://www.globenewswire.com/NewsRoom/AttachmentNg/30d0ece1-8f33-4444-b754-a4c5f49538e5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/33bbd349-a468-455f-b11a-8cbaaad40232

    The MIL Network –

  • MIL-OSI: Hut 8 Energizes Vega Data Center

    Source: GlobeNewswire (MIL-OSI)

    205 MW facility will support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling

    Believed to be the largest single-building Bitcoin mining facility by nameplate hashrate

    MIAMI, June 30, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced the initial energization of Vega. Based on publicly available information, we believe Vega to be the largest single-building Bitcoin mining facility by nameplate hashrate. Spanning the equivalent of five football fields and covering 162,000 square feet, Vega is powered by 205 megawatts (“MW”) of nameplate energy capacity and at full energization will support up to ~15 exahash per second (“EH/s”) of BITMAIN U3S21EXPH servers for Bitcoin mining ASIC compute, or nearly 2.0% of current global Bitcoin network hashrate.

    Vega debuts a new Tier I data center form factor that narrows the gap between legacy air-cooled ASIC infrastructure and liquid-cooled GPU infrastructure. Unlike traditional mining facilities that rely on forced-air cooling and shelving systems that constrain compute density, Vega features a proprietary, rack-based, direct-to-chip liquid cooling system designed in-house by Hut 8. The architecture supports ASIC deployments at densities of up to 180 kilowatts (“kW”) per rack.

    The system’s modular architecture—including pump skids, fluid distribution networks, server racks, switchboards, and smart power distribution units—was designed by Hut 8’s in-house development organization to optimize thermal efficiency, miner stability, and operational reliability. The result is materially higher compute density, greater thermal control, and improved uptime in high-ambient environments like Texas. Initial customer discussions support the potential viability of this architecture for future iterations of high-density, direct-to-chip liquid cooled infrastructure to support emerging HPC workloads and customer needs.

    “Vega exemplifies our innovation-driven approach to digital infrastructure design,” said Asher Genoot, CEO of Hut 8. “We built it for where we believe the market is going, using modular architecture and adaptive thermal systems designed to scale and evolve as workload requirements grow more complex. Over the past several weeks, as we’ve brought the site online, it has become clear how well this architecture performs under real-world conditions.”

    “Vega’s design is particularly relevant for AI training and other non-customer-facing HPC workloads, where we believe speed, density, and cost efficiency will increasingly take precedence over traditional redundancy standards,” said Jake Palmer, Senior Vice President of Development at Hut 8. “The project represents a design philosophy we intend to scale, refine, and deploy as we continue to bridge the gap between high-cost, high-redundancy builds and lower-cost, application-optimized infrastructure.”

    BITMAIN is the client for the full ~15 EH/s deployment at Vega under an ASIC colocation agreement. Based on ERCOT forward energy prices, the agreement is expected to generate between $110 million and $120 million in annualized revenue upon full energization, subject to factors including ERCOT energy pricing and facility uptime. The agreement also includes a purchase option that allows Hut 8 to acquire all or part of the hosted fleet in up to three tranches at a fixed price, exercisable within six months of each tranche’s energization. This structure gives Hut 8 the ability to convert the deployment into self-mining capacity for its Bitcoin mining subsidiary, American Bitcoin Corp., supporting growth in its scale from 10 EH/s to 25 EH/s.

    “We are proud to have partnered with Hut 8 to successfully develop and commercialize the next generation of ASIC compute technology,” said Irene Gao, Vice President of Mining at BITMAIN. “Vega demonstrates what is possible when two industry leaders with deep technical expertise come together to push the boundaries of performance, efficiency, and design. We believe this collaboration has set a new benchmark for the industry, and we look forward to expanding on this success in the coming years.”

    Project Highlights

    • Industrial scale: 205 MW of nameplate capacity with a power usage effectiveness (“PUE”) of 1.06, powered behind-the-meter by a wind farm and front-of-the-meter by the ERCOT grid
    • Rack-based architecture: Proprietary rack-based architecture supports 180 kilowatts per rack, 50% higher than the 120-kW requirement of NVIDIA Blackwell HGX GPUs
    • Next-generation ASIC compute technology: Site will host up to 17,280 BITMAIN U3S21EXPH servers (at full energization), the first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within a U form factor, each delivering up to 860 terahash per second (“TH/s”) at 13 joules per terahash (“J/TH”)
    • Direct-to-chip liquid cooling: 96 custom-designed cooling modules circulate 120,000 gallons of glycol-water solution through a closed-loop, reverse return system designed to reduce water consumption versus conventional high-density cooling systems
    • Capital efficiency: Estimated all-in cost of approximately $430,000 to $450,000 per MW of nameplate capacity
    • Time to market: From site acquisition in July 2024 to initial energization in June 2025, Vega was brought online in under a year, demonstrating Hut 8’s ability to use Bitcoin mining infrastructure development to rapidly monetize power assets
    • Commercialization through ASIC Colocation: BITMAIN will consume the full ~15 EH/s deployment at full energization pursuant to a colocation agreement that will generate revenue for Hut 8’s Digital Infrastructure segment and includes a purchase option that, if exercised, would enable American Bitcoin to scale its self-mining capacity from 10 to ~25 EH/s

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the ability of the Vega facility to support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling, the ability of Vega’s new Tier I data center form factor to narrow the gap between legacy air-cooled ASIC infrastructure and liquid-cooled GPU infrastructure, the ability of the infrastructure at the Vega facility to support ASIC deployments at densities of up to 180 kW per rack, the ability of the facility’s modular infrastructure to scale and evolve as workload requirements grow more complex, the performance of the infrastructure deployed at the Vega facility under real-world conditions, the relevance of the Vega design to AI training and other non-customer-facing HPC workloads, Hut 8’s intention to scale, refine, and deploy its design philosophy to bridge the gap between high-cost, high-redundancy builds and lower-cost, application-optimized infrastructure, the estimated revenues from the Bitmain colocation agreement and the factors impacting such revenues, the potential exercise of the ASIC purchase option and the benefits thereof to Hut 8 and American Bitcoin Corp., the total all-in cost to develop the Vega facility, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; construction of new data centers, data center expansions, or data center redevelopment; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/99a463ce-e274-4ee7-a8e4-e134abc19825

    https://www.globenewswire.com/NewsRoom/AttachmentNg/30d0ece1-8f33-4444-b754-a4c5f49538e5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/33bbd349-a468-455f-b11a-8cbaaad40232

    The MIL Network –

  • MIL-OSI: Hyperscale Data Subsidiary askROI Surpasses 300,000 App Downloads on Apple App Store and Google Play

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned indirect subsidiary askROI, Inc. (“askROI”), has surpassed 300,000 cumulative app downloads between the Apple App Store and Google Play.

    askROI recently announced the launch of its app in both the Apple App Store and Google Play, offering users access to advanced artificial intelligence (“AI”) tools for both personal and business applications. Despite minimal marketing efforts to date, askROI’s organic traction continues to grow as askROI continues to improve platform functionality.

    “The askROI platform has seen significant growth since our last update announcing that we had surpassed 160,000 downloads,” stated Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “We are extremely pleased with the growth and are excited to announce new platform upgrades in the coming weeks.”

    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, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, 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 HPC 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: Hyperscale Data Subsidiary askROI Surpasses 300,000 App Downloads on Apple App Store and Google Play

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned indirect subsidiary askROI, Inc. (“askROI”), has surpassed 300,000 cumulative app downloads between the Apple App Store and Google Play.

    askROI recently announced the launch of its app in both the Apple App Store and Google Play, offering users access to advanced artificial intelligence (“AI”) tools for both personal and business applications. Despite minimal marketing efforts to date, askROI’s organic traction continues to grow as askROI continues to improve platform functionality.

    “The askROI platform has seen significant growth since our last update announcing that we had surpassed 160,000 downloads,” stated Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “We are extremely pleased with the growth and are excited to announce new platform upgrades in the coming weeks.”

    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, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, 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 HPC 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: Historic Dual Market Exchange Celebration: NIRI to Ring the Closing Bells at NYSE and Nasdaq

    Source: GlobeNewswire (MIL-OSI)

         –  Closing Bell Ceremonies live at 4:00 p.m. ET on Monday, June 30, 2025

    PHILADELPHIA, June 30, 2025 (GLOBE NEWSWIRE) — The Philadelphia Chapter of NIRI: The Association for Investor Relations is pleased to announce that today, NIRI will make history by ringing the closing bell at both the New York Stock Exchange and Nasdaq. This simultaneous celebration recognizes the investor relations profession and its strategic value for the capital markets.

    The dual bell ceremonies, taking place at 4:00 p.m. ET, are co-hosted by NIRI and the NIRI Philadelphia Chapter. Representatives from NIRI and its multiple chapters across the country will participate in this iconic event, with approximately 100 investor relations professionals gathering in New York City for this milestone moment.

    At the New York Stock Exchange, Nahla A. Azmy, President of NIRI Philadelphia, and Matthew D. Brusch, President and CEO of NIRI, will share bell-ringing honors on behalf of the NIRI organization.

    At Nasdaq MarketSite in Times Square, Lisa M. Caperelli, NIRI Board Director and Vice President of Sponsorships for the NIRI Philadelphia Chapter, will represent NIRI for the closing bell ceremony.

    Tune in to watch the Closing Bell Ceremonies live at 4:00 p.m. ET:

    NYSE: https://www.nyse.com/bell

    Nasdaq: https://www.nasdaq.com/marketsite/bell-ringing-ceremony

    About the NIRI Philadelphia Chapter
    NIRI Philadelphia, formed in 1971, is a professional association of investor relations officers, communicators, consultants and providers serving organizations in the Greater Philadelphia area. NIRI Philadelphia includes members from a variety of industries and market cap sizes who are responsible for communications between their organizations, the investing public, and the financial community. NIRI Philadelphia’s goal is to provide its members the resources needed to be strategic leaders in their organizations.

    About NIRI: The Association for Investor Relations 
    Founded in 1969, NIRI is the professional association of corporate officers and investor relations consultants responsible for communication among corporate management, shareholders, securities analysts, and other financial community constituents. NIRI is the largest professional investor relations association in the world with members representing over 1,500 publicly held companies and $12 trillion in stock market capitalization.

    The MIL Network –

  • MIL-OSI: Historic Dual Market Exchange Celebration: NIRI to Ring the Closing Bells at NYSE and Nasdaq

    Source: GlobeNewswire (MIL-OSI)

         –  Closing Bell Ceremonies live at 4:00 p.m. ET on Monday, June 30, 2025

    PHILADELPHIA, June 30, 2025 (GLOBE NEWSWIRE) — The Philadelphia Chapter of NIRI: The Association for Investor Relations is pleased to announce that today, NIRI will make history by ringing the closing bell at both the New York Stock Exchange and Nasdaq. This simultaneous celebration recognizes the investor relations profession and its strategic value for the capital markets.

    The dual bell ceremonies, taking place at 4:00 p.m. ET, are co-hosted by NIRI and the NIRI Philadelphia Chapter. Representatives from NIRI and its multiple chapters across the country will participate in this iconic event, with approximately 100 investor relations professionals gathering in New York City for this milestone moment.

    At the New York Stock Exchange, Nahla A. Azmy, President of NIRI Philadelphia, and Matthew D. Brusch, President and CEO of NIRI, will share bell-ringing honors on behalf of the NIRI organization.

    At Nasdaq MarketSite in Times Square, Lisa M. Caperelli, NIRI Board Director and Vice President of Sponsorships for the NIRI Philadelphia Chapter, will represent NIRI for the closing bell ceremony.

    Tune in to watch the Closing Bell Ceremonies live at 4:00 p.m. ET:

    NYSE: https://www.nyse.com/bell

    Nasdaq: https://www.nasdaq.com/marketsite/bell-ringing-ceremony

    About the NIRI Philadelphia Chapter
    NIRI Philadelphia, formed in 1971, is a professional association of investor relations officers, communicators, consultants and providers serving organizations in the Greater Philadelphia area. NIRI Philadelphia includes members from a variety of industries and market cap sizes who are responsible for communications between their organizations, the investing public, and the financial community. NIRI Philadelphia’s goal is to provide its members the resources needed to be strategic leaders in their organizations.

    About NIRI: The Association for Investor Relations 
    Founded in 1969, NIRI is the professional association of corporate officers and investor relations consultants responsible for communication among corporate management, shareholders, securities analysts, and other financial community constituents. NIRI is the largest professional investor relations association in the world with members representing over 1,500 publicly held companies and $12 trillion in stock market capitalization.

    The MIL Network –