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Category: Technology

  • MIL-OSI: Apollo Provides $750 Million High Grade Capital Solution to Mumbai International Airport Ltd. in Second Transaction

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and MUMBAI, India, June 23, 2025 (GLOBE NEWSWIRE) —

    Apollo (NYSE: APO) today announced that Apollo-managed funds, affiliates and other long-term investors have completed a $750 million investment grade rated financing for the Mumbai International Airport Ltd. (MIAL), an Adani Portfolio company and subsidiary of Adani Airports Holdings Limited (AAHL), India’s largest private airport operator, that operates Chhatrapati Shivaji Maharaj International Airport (CSMIA), the second largest airport in India.

    The 4-year senior secured notes will primarily refinance existing debt, enhancing MIAL’s financial flexibility to support operations, modernization and sustainability initiatives. The structure also allows for up to $250 million in additional funding to accelerate capital expenditure and capacity expansion. The transaction represents one of the largest private investment grade rated deals in India’s infrastructure sector.

    “Working with the Adani Group, we are pleased to deliver a scaled, bespoke capital solution for MIAL, supporting a critical infrastructure asset and the next phase of its ambitious growth capex plans,” said Apollo Partner Jamshid Ehsani. “This marks Apollo’s second large financing for MIAL, having previously provided operational flexibility to deleverage and now delivering an investment grade rated solution.”

    Mr. Arun Bansal, CEO of AAHL, added, “This financing provides us with greater operational flexibility and positions us to further enhance the airport experience for millions of travelers. With Apollo’s continued support and the Adani Group’s proven execution capabilities, we are well-positioned to realize our vision of transforming MIAL into a world-class asset with a focus on efficiency, comfort and sustainability.”

    Matt Michelini, Partner and Head of Asia-Pacific at Apollo, commented, “As one of the fastest growing global economies, India is an attractive market for hybrid and credit financing, particularly opportunities underpinning critical, next-generation infrastructure. It is a key market for Apollo in Asia, and one where we believe we can serve as a long-term capital partner to leading companies and families.”

    CSMIA, a cornerstone of India’s aviation infrastructure, is part of Adani Airport Holdings Limited’s (AAHL) network of eight airports. AAHL is responsible for developing airport infrastructure assets across India and is a core growth vertical of the Adani group.

    MIAL remains committed to sustainability, aligning with the UN Sustainable Development Goals through initiatives such as transitioning to electric vehicles, enhancing energy-efficient operations, strengthening water conservation measures and accelerating efforts to achieve net zero emissions by 2029, reflecting its leadership in sustainable airport operations.

    Allen & Overy LLP and Cyril Amarchand Mangaldass served as legal counsel to MIAL. Milbank LLP and Khaitan & Co served as legal counsel to Apollo.

    About Apollo
    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    About MIAL
    Mumbai International Airport Ltd. (MIAL) is managed by Adani Airport Holdings Limited, a subsidiary of Adani Enterprises. MIAL operates under a Public-Private Partnership model, with AAHL holding a 74% stake and the Airports Authority of India holding 26%. MIAL is at the forefront of redefining airport infrastructure in India, with a vision to create a vibrant, integrated aerotropolis in Mumbai.

    Apollo Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network –

  • MIL-OSI Canada: Joint Statement on the Visit to Ottawa of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates

    Source: Government of Canada News

    Ottawa, June 23, 2025

    The Honourable Anita Anand, Minister of Foreign Affairs, hosted His Highness, Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates (UAE), for a visit to Canada from June 19 to 20, 2025. The visit reaffirmed the shared commitment of Canada and the UAE to deepen bilateral cooperation across trade, investment, innovation, people-to-people ties, international development, and regional peace and security.

    During the visit, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the UAE, met with the Right Honourable Mark Carney, Prime Minister of Canada. The two sides discussed the growing ties between Canada and the UAE. On behalf of HH Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, HH Sheikh Abdullah bin Zayed Al Nahyan extended to Prime Minister Carney an invitation to visit the UAE this year.

    Canada and the UAE will continue to deepen their bilateral relationship by exploring new opportunities for cooperation, with particular emphasis on economic ties. Both countries welcomed the launch of the Dubai Chambers office in Toronto—the organization’s first in North America—which will serve as a strategic platform to foster deeper commercial ties. The Honourable Maninder Sidhu, Canada’s Minister of International Trade, attended the launch of the International Dubai Chambers alongside His Excellency Sultan bin Saeed Al Mansoori, the UAE Foreign Minister’s Envoy to Canada. The new office comes as part of the Dubai Global initiative and deepening economic ties with Canada. This opening reflects a shared ambition to unlock new opportunities for collaboration in priority sectors, including artificial intelligence, energy and infrastructure, and underscores Canada’s important role in the UAE’s global trade and investment strategy.

    Both countries also recognized the important role of the Canada-UAE Business Council in bringing together business leaders from both countries to develop actionable business opportunities and advance national economic objectives. Building on the strong foundation of institutional partnerships—exemplified by the global collaboration between Caisse de dépôt et placement du Québec and DP World across 15 ports and logistics parks—both countries expressed their intent to pursue new avenues for strategic investment and long-term economic engagement. Canada and the UAE reiterated their commitment to the swift conclusion of the ongoing negotiations for a Foreign Investment Promotion and Protection Agreement (FIPA).

    The Honourable Maninder Sidhu, Canada’s Minister of International Trade, and His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, co-led a business round table on June 19, 2025, organized by the Canada-UAE Business Council.

    Artificial Intelligence, Emerging Technologies, and Digital Innovation: Recognizing the transformative potential of artificial intelligence (AI), both countries reaffirmed their interest in exploring collaboration in this critical domain. Canada, home to one of the world’s most dynamic AI ecosystems, recently appointed its first Minister of Artificial Intelligence and Digital Innovation, reflecting a renewed national commitment to responsible AI leadership. The UAE, a global leader in AI and the first to appoint a Minister of State for AI, has articulated a dedicated foreign policy position on AI, emphasizing principles of international cooperation, sustainable development and responsible governance. In this regard, the UAE continues to invest in talent development, infrastructure and technology-access frameworks.

    The Ministers welcomed ongoing dialogue between institutions and stakeholders to explore cooperation in AI and emerging technology research, commercialization, and responsible deployment. Both sides emphasized the importance of inclusive, secure, responsible, and sustainable AI development that supports innovation and economic growth.

    Water: Both countries recognized that water lies at the core of climate action, affirming their shared commitment to addressing global water challenges. Both sides underscored the need to strengthen international cooperation, highlighting the upcoming 2026 UN Water Conference, to be co-hosted by the UAE and Senegal, as a key opportunity to advance global water efforts. They also stressed the importance of investing in water technology and innovation to scale up water-scarcity solutions, as exemplified by the UAE’s launch of the Mohamed bin Zayed Water Initiative in early 2024. 

    Energy and Natural Resources: Canada and the UAE reaffirmed their shared commitment to advancing energy security and accelerating a just transition to a low-carbon economy. The UAE’s growing investment footprint in Canada demonstrates the strong commercial foundation for future cooperation. Canada welcomed the UAE’s interest in formalizing energy collaboration. Canada recognized the UAE’s pioneering efforts in the energy sphere and welcomed the UAE’s interest in promoting greater energy collaboration on an international level. Canada also expressed support for continued dialogue on joint initiatives in decarbonization, liquified natural gas, nuclear, hydrogen, and critical mineral value chains. In this context, Canada and the UAE highlighted their dedication to build on their current ties in the fields of energy and critical energy-transition minerals, while including a focus on promoting investment opportunities and enhancing mutual investment attraction.

    International Peace and Security: Canada and the UAE reiterated their shared commitment to promoting peace, stability, and inclusive prosperity across the Middle East and beyond. Both countries emphasized the importance of sustained diplomatic engagement, humanitarian leadership, and multilateral cooperation in addressing geopolitical challenges. They unequivocally condemned all acts of terrorism. They reaffirmed the importance of maintaining and promoting peace and coexistence and their rejection of intolerance, hate speech, discrimination and all forms of extremism.

    Canada and the UAE also restated that the principles of dialogue, adherence to international law, and respect for state sovereignty are essential to resolving the conflict between Israel and Iran. Both sides stressed the need for an immediate and permanent ceasefire in Gaza; the release of all remaining hostages; and the urgent, sustainable, unhindered, at-scale flow of aid to address the appalling humanitarian catastrophe. Canada and the UAE also underscored the importance of sustained efforts to advance a serious political horizon toward the two-state solution. The Ministers reaffirmed the urgent need for de-escalation and urged all parties to refrain from actions that further destabilize the region. Both sides reasserted that diplomatic engagement remains essential to ensuring long-term regional stability and international security.

    Joint Committee for Cooperation: Both countries are actively using the Joint Committee for Cooperation (JC) as a strategic platform to drive forward a deeper, more institutionalized partnership. Through regular, high-level dialogue, the JC is advancing collaboration in priority areas such as trade and investment, defence and security, and climate and energy. Canada will host the next Ministerial meeting, reinforcing the shared commitment to sustained, results-driven engagement.

    International Development Cooperation: Canada and the UAE reaffirmed their mutual determination to address pressing global development and humanitarian challenges. Canada welcomed the UAE’s role as a global development and humanitarian partner. Recognizing the unprecedented scale and severity of humanitarian crises around the world, Canada and the UAE reaffirmed their shared commitment to cooperate closely in delivering assistance and empowering communities. Both countries underscored the importance of this partnership, and committed to leveraging their complementary strengths, particularly during a time of intensifying conflicts around the world.

    Canada commended the UAE’s global leadership in humanitarian and mediation efforts, including in Gaza, where the UAE has emerged as the largest bilateral aid donor, and in Ukraine, where the UAE has facilitated 15 prisoner-of-war exchanges, consistent with Canada’s ongoing efforts to address the human dimension of the war. These efforts underscore a shared commitment to upholding international humanitarian law and fostering dialogue in times of conflict. Both sides emphasized the importance of pursuing durable and just solutions grounded in international law and inclusive political processes. They expressed their mutual intent to continue working together on their shared goals of advancing stability and development, promoting tolerance and coexistence, protecting human dignity, and addressing hate speech, discrimination and all forms of extremism.

    People to People: Canada and the UAE celebrated their deepening people-to-people ties, which serve as a cornerstone of the growing bilateral partnership. Canada welcomed the increasing number of Emirati students in Canadian higher education institutions, reflecting mutual recognition of academic excellence. The UAE acknowledged the valuable contributions of the more than 60,000 Canadians living and working in the Emirates, who continue to enrich the diversity, innovation and vibrancy of UAE society.

    The two countries also stressed their shared commitment to cultural exchange and intercultural dialogue to foster mutual understanding and respect. Both sides recognize the landmark presentation of the “As the Sun Appears from Beyond” exhibition, which celebrates the richness and diversity of contemporary Islamic art, and recently showcased in Toronto through a partnership between the Aga Khan Museum and the UAE Ministry of Culture.

    Conclusion: The two sides reaffirmed their strong and growing relationship, rooted in mutual respect, shared objectives, and a common vision for sustainable prosperity and global stability. The visit marked a significant step forward in the Canada-UAE relationship. Both countries are committed to maintaining high-level engagement, concluding further mutually beneficial instruments, and building a durable, forward-looking partnership that delivers tangible benefits for their peoples and contributes to global peace and prosperity.

    MIL OSI Canada News –

  • MIL-OSI USA: Office of the Governor – Flag Order – Governor Green Lowers Flags in Honor of John Henry Felix

    Source: US State of Hawaii

    Office of the Governor – Flag Order – Governor Green Lowers Flags in Honor of John Henry Felix

    Posted on Jun 23, 2025 in Flag Orders, 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
     

    GOVERNOR GREEN LOWERS FLAGS IN HONOR OF JOHN HENRY FELIX
     

    FOR IMMEDIATE RELEASE
    June 23, 2025

    HONOLULU — Governor Josh Green, M.D., has ordered the United States and state of Hawai‘i flags to be flown at half-staff at all state offices and agencies, as well as the Hawai‘i National Guard, from sunrise on Tuesday, June 24 to sunset on Thursday, June 26. Memorial services will be on Wednesday, June 25.

    “Few people have lived a life that reads more like an epic novel than John Henry Felix,” said Governor Green. “From assembling Red Cross care kits as a schoolboy for children caught in war, to risking his life in war zones to bring relief to refugees and orphans, to building institutions that continue to serve our people today, John Henry embodied service above self for over eight decades. His fingerprints are on the humanitarian infrastructure of entire regions — from Kalaupapa to Cambodia — and his work has saved and bettered the lives of untold thousands. Hawai‘i has lost a giant in compassion and public service. On the day we lower our flags, we honor not only his remarkable achievements but the boundless heart behind them.”

    Born and raised in Honolulu, John Henry Felix dedicated his life to advancing the common good. His roles spanned Chair Emeritus of the Hawai‘i Red Cross, founder of multiple Red Cross Societies in the Pacific, field delegate in international relief efforts across Southeast Asia and Africa, Chair of the American Red Cross International Committee, and distinguished leader in the Boy Scouts of America and March of Dimes. Among countless honors, he was the first American to receive the International Red Cross Dunant Medal of Honor and was designated a Distinguished Eagle Scout.

    Throughout his life, Felix demonstrated an unparalleled ability to merge bold vision with boots-on-the-ground action — whether it was building a prosthetics factory in Cambodia, leading refugee repatriation efforts, or personally comforting orphans in war-torn regions. His “Walking Blood Donor Program” in remote Pacific islands — a precursor to mobile blood banks — reflected his signature ingenuity and deep care.

    # # #

    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 New Zealand: Frequently asked questions (FAQs) – changes to vocational education

    Source: Tertiary Education Commission

    Can you please explain the different groups involved in the changes?

    ISBsIndustry Skills Boards

    Industry Skills Boards are new entities that will be established formally from 1 January 2026. 
    They have a core role of standard setting for vocational education across their allocated sectors. They will also work to share the voice of industry and advise TEC about workforce needs.
    Each ISB will be set up through an Order in Council and will be industry led. (Six out of eight board members will come from industry.) 

    ISB EAGsIndustry Skills Boards Establishment Advisory Groups

    These groups will exist from mid-2025 until the end of the year to support the establishment of the new ISBs. 
    Their focus is on governance and organisation establishment rather than industry advocacy. 

    ITPsInstitutes of technology and polytechnics

    ITPs are independent regional polytechnics that will be established in 2026. The location of the first of these will be decided by the government in mid-2025. Further decisions will be made during 2026.

    ITP EAGsInstitutes of Technology and Polytechnics Establishment Advisory Groups

    These groups will exist from mid-2025 until the end of the year to support the set-up of the ITPs that are being established at the beginning of 2026. 
    Their focus is on establishing the regional polytechnics as they are split out from the national entity of Te Pūkenga. 

    ITOsIndustry training organisations

    Before the Reform of Vocational Education in 2023, all work-based training was delivered by ITOs. In 2023, most work-based training done in ITOs moved into Te Pūkenga, becoming the work-based learning divisions. Many of the entities continued to use their ITO branding even though ITOs did not technically exist in the system from 2023. 
    These work-based learning divisions of Te Pūkenga will move into ISBs on 1 January 2026, for up to two years.

    PTEsPrivate training establishments

    PTEs are registered with and quality assured by NZQA. They are training providers who have met specific requirements. Training providers (that are not a university, polytechnic or wānanga) must hold PTE registration to be eligible for TEC funding. PTEs may be companies or not-for-profit organisations.

    VETVocational education and training

    Vocational education and training includes all provision at Levels 3 to 7 (non-degree) of the New Zealand Qualifications and Credentials Framework, as well as Level 2 when it is delivered in the workplace.
    It does not include degree-level provision or foundation education.
    VET can be delivered in the workplace (work-based) in a classroom/campus setting (provider-based) or by distance and online learning (extramural). 

    TECTertiary Education Commission

    TEC’s core role in the VET system is funding. We fund the provision at this level in line with funding mechanisms from government.

    NZQANew Zealand Qualifications Authority

    NZQA assures the quality and integrity of New Zealand qualifications. They register providers, quality assure programmes and, for some areas, act as a standard setter. They also oversee the Education (Pastoral Care of Tertiary and International Learners) Code of Practice.

    Work-based learning divisions
    When the work-based learning divisions move into ISBs on 1 January 2026, will they stop enrolling new learners?
    No. At this point we expect that all work-based learning divisions will still be enrolling new learners from 1 January.
    When we have reached the point where there are sufficient providers for a sector, we will:
     (a) not fund additional providers; and
     (b) require ISBs to cease enrolling new learners (if provision remains with them).
    ISBs will have the role of informing TEC about the network of work-based learning provision (number and types of providers) that industry needs. This will inform the funding of new providers, and the expectations on the work-based learning divisions.
    ISBs will begin this work in January 2026, and we expect it to take time for them to gather this information from industry.
    Why is work-based learning moving to the ISBs?
    We appreciate that learners, employers and educators may have some concerns about possible disruption to work-based training because of the upcoming changes. The transition period (2026–2027) has been put in place to minimise disruption for learners and employers as the functions currently under Te Pūkenga work-based learning lift-and-shift unchanged into the ISBs.
    Will the work-based learning divisions of the new ISBs be able to continue developing programmes? Or does all new development stop on 1 January 2026?
    The focus for work-based learning during the transition period (where the training units sit within the ISBs) will be on preparing for transfer, rather than growing. There will, however, be cases where new standards, credentials or qualifications will be required to meet industry needs. In these cases, new provision will be supported.
    What is happening with ITOs?
    ITOs ceased to exist in 2022, although many Te Pūkenga work-based learning business divisions continued to use their old ITO names. Te Pūkenga work-based learning divisions will move temporarily into ISBs. This work-based learning will move into providers (including polytechnics, wānanga and PTEs) by 31 December 2027.
    Industry Skills Boards
    How many ISBs are there and what do they cover?
    We are currently awaiting decisions on the number of ISBs and their broad coverage.
    Further consultation will happen later this year when the ISB EAGs consult around detailed coverage as part of the Order in Council (OIC) process to formally establish the ISBs.
    Why are you putting standard setting and delivery/arranging of training back together?
    The training functions that are moving into the ISBs will only be there temporarily. By January 2028, no training will be delivered by ISBs. During the transition period, the training unit will sit within the ISB but will not be fully integrated into it.
    How will you ensure ISBs manage the conflict of interest involved with being both the standard setter and a training deliverer?
    During the transition period, each training unit will sit within the relevant ISB but will not be fully integrated into it, as this arrangement is only temporary.
    If industries are grouped together in one ISB, will they stop having unique qualifications?
    No. ISBs will be able to create and maintain standards, credentials and qualifications that are specific to the sectors they cover – in the same way Workforce Development Councils (WDCs) do.
    I am worried that ISBs will only look after work-based learning.
    ISBs will create and maintain standards, credentials and qualifications for all the sectors they cover at the vocational level. This will include products that support provider-based (including polytechnic) delivery, and extramural programmes as well as work-based learning.
    How will industry continue to have a voice in the system when there is only provider-based learning for their sector?
    An ISB will take on vocational standard setting for its entire sector, not just for the work-based learning elements. This means it will be responsible for all standards, credentials and qualifications for that sector.
    The term “industry” is very broad. When you say industry will inform choices who do you mean?
    ISBs have a role in communicating industry voice, and their governance will be industry led. ISBs will work with established industry groups and associations as well as employers and other sector stakeholders. ISBs will be expected to put in place mechanisms that identify the needs of all industries they represent.
    What expectations does TEC have regarding collaboration between the ISB Establishment Advisory Groups?
    We have an expectation for all ISBs and ISB Establishment Advisory Groups that they work together cooperatively, especially where the qualifications they cover will impact multiple sectors.
    What will happen to WDCs? What will be done to ensure expertise in WDCs is retained in the new system?
    The standard-setting functions of WDCs will continue until the end of 2025, when they will be disestablished and ISBs will be stood up. In the upcoming months, WDCs will develop plans to transfer relevant functions to ISBs.
    ISBs have a more targeted role than WDCs. It is expected that WDC staff involved in these functions will transition into ISBs.
    PTEs that deliver work-based training
    What happens to work-based learners and apprentices who are studying through a PTE?
    There is currently a small network of PTEs that are funded by TEC to deliver work-based learning. These PTEs will be able to continue enrolling and delivering the provision they currently do.
    All TEC funded providers are given a funding allocation for the year and their enrolments must stay within that allocation. There is no guarantee of funding for providers that enrol above their allocation.
    Who is responsible for determining who is eligible to become a new PTE or work-based provider? What will the criteria be?
    NZQA determines whether an organisation has the appropriate capability to become a registered provider (PTE). TEC determines whether the provider’s offering is suitable for government funding. Funding decisions will be informed by industry preferences about a network of provision.
    How does a PTE start being TEC funded to deliver work-based learning?
    Currently we will only fund new work-based learning PTEs in cases where the provider can demonstrate significant industry support. Our requirements for this will be stringent. For details, see Application to receive TEC funding.
    ISBs will work with industry during 2026 and beyond to understand the network of work-based learning provision that each sector needs. This information will inform TEC funding. Until this information is received, TEC will not have a clear picture of what provision will be both sustainable and sufficient to meet industry needs.
    In most cases we encourage providers to read the guidance information about what we are looking for in work-based learning and start to prepare for future opportunities.
    These same criteria will be applied to existing work-based learning providers that may wish to expand their provision.
    What are the new funding parameters for work-based learning? This is a critical pathway for all providers as business owners.
    See the TEC website for work-based learning funding rates.
    Managed apprenticeships
    Do Managed Apprentices stay with their Polytech provider or move to an ISB in January 2026?
    Currently, no changes are expected for Managed Apprentices already enrolled with a Polytechnic.
    We are currently working through the detail of what Managed Apprenticeships will look like in the future. Like other work-based provision, we do not want to see expansion before ISBs have had the opportunity to consider the network of provision needed for their sectors.
    The stand up of regional ITPs
    How do we find out which polytechnics will be standalone and which will be part of a federation?
    These decisions are being worked through. We will update this information when details are available.
    Will regional ITPs be able to offer programmes nationally?
    Institutes of Technology and Polytechnics (ITPs) are being set up to deliver regionally, to maximise the strength of local knowledge. We expect that this will be the main focus of their provision, however, we will consider other arrangements if these have the support of industry.
    Secondary/tertiary provision
    What is happening with standard setting and delivery for secondary to tertiary transition programmes like Gateway and Trades Academies?
    We will be looking at how these programmes will be supported, and expect this information to be covered in the transition plans developed by WDCs and Te Pūkenga work-based learning divisions.

    MIL OSI New Zealand News –

  • MIL-OSI Security: Defense News: Iowa Army Guard Soldiers Train at Tigerland

    Source: United States Army

    A group of U.S. Army Soldiers lie in a field after exiting a UH-60 Black Hawk at the Joint Readiness Training Center, Fort Johnson, La., June 10, 2025. Soldiers practice entering and exiting the aircraft to enhance proficiency for real-world missions. (Photo Credit: Spc. Ruth Harrington) VIEW ORIGINAL

    FORT POLK, La. – More than 4,000 Soldiers from the Iowa Army National Guard trained throughout June at Fort Polk, undergoing one of the Army’s most demanding combat training events in preparation for an upcoming overseas deployment.

    Known since the Vietnam War era as “Tigerland,” Fort Polk and the Joint Readiness Training Center have become synonymous with forging combat-ready Soldiers through intense, realistic training. For Iowa’s 2nd Brigade Combat Team, 34th Infantry Division, this rotation marks a pivotal moment: their first full brigade deployment since 2010.

    At the Joint Readiness Training Center, or JRTC, Soldiers are evaluated under pressure. Their minds are stressed, their physical limits are tested and their endurance is pushed to the edge. From junior enlisted Soldiers to senior Iowa Army National Guard leaders, all participants endure mental, physical and emotional exhaustion.

    The JRTC is one of four Army combat training centers. The others are the Joint Multinational Readiness Cente in Hohenfels, Germany; the Joint Pacific Multinational Readiness Center at Schofield Barracks, Hawaii; and the National Training Center at Fort Irwin, California.

    The JRTC, however, is known for being the most grueling. The simulated combat environment, complete with force-on-force scenarios and constant stressors, provides Soldiers with some of the most realistic training they will encounter in their careers.

    “There are a lot of methods that we use to test Soldiers while they’re in the training area. One is simply the stress and pressure of combat,” said Brig. Gen. Derek Adams, the senior trainer for rotation 25-08. “We try to simulate that as best we can.”

    Soldiers assigned to 2nd Infantry Brigade Combat Team, 34th Infantry Division, take part in a briefing on upcoming operations at Joint Readiness Training Center, Fort Johnson, La., June 7, 2025. Rotational units at JRTC synchronize battle rhythms to ensure mission success during the 21-day training cycle. (Photo Credit: U.S. Army photo by Spc. Diana Nguyen) VIEW ORIGINAL

    As the senior trainer, Adams works closely with observer-coach/trainers and the JRTC leadership to design, execute and evaluate the training rotation. He coordinates with the operations group, which oversees the exercise, monitors unit performance across all warfighting functions and delivers objective feedback through after-action reviews to improve readiness at every level.

    “JRTC emphasizes DOD’s priorities of lethality, warfighting and readiness by training the entire brigade combat team, from the individual Soldiers to the brigade combat team level,” Adams said. “It’s a large, complex organization, and this training reflects that.”

    This type of training marks a broader shift in Army doctrine.

    The Army is transitioning from the counterinsurgency operations of the past two decades to large-scale combat operations, or LSCO. Large-scale combat operations prepare Soldiers for potential conflicts with near-peer adversaries by emphasizing large-scale maneuvers, complex logistics and sustained combat power.

    “LSCO changes sustainment operations sheerly in the magnitude of what occurs,” said Col. Tony Smithhart, commander of the 734th Regional Support Group. “You’re talking about large numbers of Soldiers, large numbers of equipment.”

    A U.S. Soldier assigned to the 2nd Infantry Brigade Combat Team, 34th Infantry Division, pulls security at the Joint Readiness Training Center, Fort Polk, La., June 15, 2025. JRTC is designed to improve unit readiness through force-on-force exercises that prepare Soldiers for missions they may be assigned in real-world operations. (Photo Credit: U.S. Army photo by Sgt. Ryan Reed) VIEW ORIGINAL

    The Regional Support Group is structured to provide logistical support to up to 20,000 Soldiers in a deployed environment. As the Regional Support Command for the JRTC, the RSG was tasked with coordinating all sustainment efforts. This included feeding more than 5,800 Soldiers, managing medical treatment and staging and preparing more than 2,500 pieces of equipment for operation.

    Planning for the JRTC began more than a year before the first boots hit the ground.

    “I made my first trip to Fort Polk about 18 months ago to determine the actual area we’d operate in,” Smithhart said. “Since then, my team at the 734th Regional Support Group has returned about six times to coordinate with Fort Polk staff, validate our node concepts and rehearse operations to support reception, staging, onward integration and base camp management.”

    The JRTC has earned its reputation. The environment is humid and rainy, the terrain is unforgiving and the scenarios evolve constantly.

    All of these factors come together to form a stressful and taxing exercise, but one that will toughen Soldiers. Despite numerous aspects working against them, the Soldiers of the 2nd Brigade Combat Team, 34th Infantry Division, proved they not only have the grit to complete their upcoming deployment successfully but also to complete any mission that is asked of them.

    “The scale of this operation is critical to the development of our Soldiers,” Smithhart said. “It’s been called a generational training opportunity, and I believe that’s accurate.”

    Related Links

    The Official Website of the National Guard | NationalGuard.mil

    The National Guard on Facebook | Facebook.com/TheNationalGuard

    The National Guard on X | X.com/USNationalGuard

    MIL Security OSI –

  • MIL-OSI Security: Defense News: Illinois Army National Guard trains with Polish Territorial Defence Force

    Source: United States Army

    U.S. Army Sgt. Joseline Sosa, a forward observer with 1st Battalion, 178th Infantry Regiment, Illinois Army National Guard, relays information to her Polish counterparts during training in remote observation techniques in Toruń, Poland, June 6, 2025. The Illinois National Guard and Poland are partners in the Department of Defense National Guard State Partnership Program, which pairs Guard elements with partner nations worldwide for mutual training and subject matter expert exchanges. Servicemembers with the 33rd Infantry Brigade Combat Team are spending two weeks alongside their Polish counterparts training on sniper operations, the Javelin anti-tank weapon system, combat medical care, and remote observer techniques. (Photo Credit: U.S. Army photo by Staff Sgt. Amber Peck) VIEW ORIGINAL

    TORUŃ, Poland — Soldiers with the 33rd Infantry Brigade Combat Team, Illinois Army National Guard, recently spent two weeks in Torún, Poland, training alongside members of the Polish Territorial Defence Force.

    Since 1993, the Illinois National Guard and Poland have been partners in the Department of Defense National Guard State Partnership Program — an initiative that pairs Guard elements with partner nations worldwide for joint military training and subject matter expert exchanges.

    The recent two-week training focused on sniper operations, combat medical care, the Javelin anti-tank weapon system and remote observer techniques.

    For the sniper teams, the goal was to strengthen leadership skills in employing and overseeing sniper sections as well as developing advanced sniper expertise.

    U.S. Army Staff Sgt. Bruno Rios, a cavalry scout with C Troop, 2nd Battalion, 106th Cavalry Regiment, Illinois Army National Guard, confirms that the weapon of his Polish counterpart is clear of ammunition following the completion of a shooting drill at a range near Toruń, Poland, June 7, 2025. The Illinois National Guard and Poland are partners in the Department of Defense National Guard State Partnership Program, which pairs Guard elements with partner nations worldwide for mutual training and subject matter expert exchanges. Servicemembers with the 33rd Infantry Brigade Combat Team are spending two weeks alongside their Polish counterparts training on sniper operations, the Javelin anti-tank weapon system, combat medical care, and remote observer techniques. (Photo Credit: U.S. Army photo by Staff Sgt. Amber Peck) VIEW ORIGINAL

    “Our goal as a training team is to ensure we are equipping the Polish snipers with the tools to employ themselves against drones and thermal environments,” said Sgt. 1st Class Hussein Mashal, an infantryman with Headquarters and Headquarters Company, 1st Battalion, 178th Infantry Regiment, Illinois Army National Guard. “By merging our techniques with theirs and the lessons learned from the Ukrainian war, we hope to strengthen their sniper employment capabilities and survivability.”

    In the medical realm, Soldiers with the Illinois Army Guard’s C Company, 634th Brigade Support Battalion, shared casualty care treatment procedures — from the point of injury to the final point of care.

    This iteration included complex training scenarios that allowed participants to triage and evaluate casualties in a realistic, stressful simulated combat environment.

    “It’s always worth it working with the National Guard,” said Polish TDF 2nd Lt. Jakub Piotrowski, a medical team member and instructor. “We do the same things in different ways so it’s worthwhile to see how a different army is doing the same thing and then be able to cooperate with it.”

    U.S. Army Sgt. Michael Rojas, a cavalry scout with C Troop, 2nd Squadron, 106th Cavalry Regiment, Illinois Army National Guard, observes as a Polish Territorial Defence soldier engages targets on a range near Toruń, Poland, June 7, 2025. The Illinois National Guard and Poland are partners in the Department of Defense National Guard State Partnership Program, which pairs Guard elements with partner nations worldwide for mutual training and subject matter expert exchanges. Servicemembers with the 33rd Infantry Brigade Combat Team are spending two weeks alongside their Polish counterparts training on sniper operations, the Javelin anti-tank weapon system, combat medical care, and remote observer techniques. (Photo Credit: U.S. Army photo by Staff Sgt. Amber Peck) VIEW ORIGINAL

    Javelin instructors echoed that sentiment.

    “The Polish soldiers were extremely motivated and eager to learn,” said U.S. Army Staff Sgt. Nicholas Broden, a training noncommissioned officer with C Company, 1st Bn., 178th Inf. Regt. “They were always asking questions and were very hands on with the equipment.”

    Previous training exchanges meant many of the Polish soldiers already had foundational knowledge of the Javelin systems. That allowed the training to advance quickly to more strategic and tactical discussions, said Broden.

    For the forward observer teams — or remote observers — the focus was on establishing the fundamental skills for indirect fire coordination, a capability the TDF is actively strengthening as they expand artillery capabilities.

    “We started off pretty basic with basic call for fire and then basic joint fires observer skills,” said U.S. Army Master Sgt. William Aitken, an operations NCO with the 33rd IBCT. “It’s kind of an abbreviated forward observer program for the TDF.”

    U.S. Army Sgt. Joseline Sosa, a forward observer with 1st Battalion, 178th Infantry Regiment, Illinois Army National Guard, receives information from her Polish counterparts during training on remote observer techniques in Toruń, Poland, June 6, 2025. The Illinois National Guard and Poland are partners in the Department of Defense National Guard State Partnership Program, which pairs Guard elements with partner nations worldwide for mutual training and subject matter expert exchanges. Servicemembers with the 33rd Infantry Brigade Combat Team are spending two weeks alongside their Polish counterparts training on sniper operations, the Javelin anti-tank weapon system, combat medical care, and remote observer techniques. (Photo Credit: U.S. Army photo by Staff Sgt. Amber Peck) VIEW ORIGINAL

    The training also included high tech capabilities — such as employing small drones – combined with improvised concealment techniques to help Polish soldiers observe from a distance while staying hidden. The team practiced setting up hasty observation posts, coordinating drone feeds with command elements, and minimizing visual and electronic signatures — skills directly influenced by lessons learned from the war in Ukraine.

    Overall, the training helped strengthen and continue the 30-plus year partnership.

    “Our partnership with Poland, which began in 1993 and included 19 years of co-deployments to Afghanistan and Iraq, is the gold standard of deployments,” said U.S. Army Brig. Gen. Lenny Williams, the Illinois National Guard’s assistant adjutant general for Army. “We learn, we teach and we develop new tactics and techniques together with each critical knowledge exchange event. Our capabilities have improved, we’ve expanded our capacity and our partnership has grown even stronger the past two weeks.”

    Related Links

    The Official Website of the National Guard | NationalGuard.mil

    The National Guard on Facebook | Facebook.com/TheNationalGuard

    The National Guard on X | X.com/USNationalGuard

    State Partnership Program | NationalGuard.mil

    MIL Security OSI –

  • MIL-OSI Security: Defense News: USAG Bavaria, OTH Amberg-Weiden Launch Innovative Learning Partnership

    Source: United States Army

    Dwayne D. Key II, deputy to the garrison commander at USAG Bavaria and Professor Dr. med. Clemens Bulitta, president of OTH Amberg-Weiden, signed thepartnership contract May 22, 2025. (Photo Credit: Simmel, Natalie ) VIEW ORIGINAL

    TOWER BARRACKS, Germany – U.S. Army Garrison Bavaria and Ostbayerische Technische Hochschule Amberg-Weiden celebrated their official partnership May 22, 2025, marking the beginning of an initiative that creates an innovative learning environment.

    This partnership aims to support and promote the exchange between practical and theoretical learning, which is achieved by integrating OTH students and faculty into real-world projects with USAG Bavaria.

    “This is a massive win-win,” said Dwayne D. Key II, deputy to the garrison commander at USAG Bavaria. “I’m most excited not just about meeting the students and seeing ourselves through their eyes. And I think this present generation of learners is so phenomenal.”

    With the support of 120 professors across its four faculties and 54 degree programs, OTH Amberg-Weiden serves approximately 4,200 students and is known for its innovative, future-oriented education.

    Professor Dr. med. Clemens Bulitta, president of OTH Amberg-Weiden, emphasized the importance of this new addition to the university’s partnership network.

    “It’s all about networking and about bringing people together,” Bulitta said. “When you bring people together, they will exchange thoughts, create ideas, become innovative, and they will drive and strengthen partnership and push developments. And now you become part of this network and the doors are opening on both sides.”

    “This partnership drives innovation,” said Lukas Miserra, management analyst for USAG Bavaria. “It strengthens USAG Bavaria by integrating academic expertise and fostering collaboration between students and professionals with the garrison, providing valuable insights and practical experience.”

    Both sides expressed enthusiasm for growing the partnership and involving more regional actors in future cooperation.

    “There’s so much linked here in in this region and such a longstanding tradition of exchange between the communities,” Bulitta said. “We want to get to the point where young people become part of this exchange culture. Bringing people together opens options.”

    MIL Security OSI –

  • MIL-OSI Banking: Galaxy Unpacked July 2025: The Ultra Experience is Ready to Unfold

    Source: Samsung

    For years, Samsung has designed its devices around what people need: better performance, sharper cameras, and smarter ways to stay connected. But today, the shift isn’t just about what devices can do – it’s also about how people interact with them. As AI rapidly becomes the new user interface, it’s redefining how we interact with our devices. No longer just a collection of apps and tools, the smartphone is evolving into smart companions that understands user intent and responds in real time. This transformation moves us from reaction to anticipation – where, as AI becomes the UI, intent becomes instant.
    This future is already unfolding, and the best of Galaxy AI1 and Samsung craftsmanship is set to be unveiled. Galaxy devices are being reimagined around this new AI-powered interface, supported by breakthrough hardware built to unlock its full potential.

    On July 9, Samsung Electronics will host Unpacked in Brooklyn, New York – a borough with an extraordinary spirit and a distinctive history. Brooklyn is where visionary thinking and bold ideas shape the future, so it’s only fitting that Samsung unveils the latest and greatest additions to the Galaxy portfolio in a place known for its culture, creativity, and collaboration. The event will be streamed live on Samsung.com, Samsung Newsroom, and Samsung’s YouTube channel beginning at 10 a.m. ET, 3 p.m. BST, and 4 p.m. CET.
    Stay tuned and make sure to visit samsungmobilepress.com for all upcoming teasers, trailers and updates ahead of Unpacked 2025 and head over to Samsung.com to learn more about Reserve offers – including how you can earn a $50 Samsung Credit towards the latest Galaxy device.2

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Greater security delivered for the British people with record billion-pound investment in new national biosecurity centre

    Source: United Kingdom – Government Statements

    Press release

    Greater security delivered for the British people with record billion-pound investment in new national biosecurity centre

    Huge investment in new National Biosecurity Centre to protect the British public and the economy from future pandemics.

    The country’s ability to prevent a future pandemic has been significantly enhanced today (Tuesday 24th June) with the announcement of a £1 billion investment in a new National Biosecurity Centre.

    This funding will deliver the next phase of a new National Biosecurity Centre – a cutting-edge scientific campus in Surrey that will serve as the UK’s foremost animal biosecurity facility.

    The investment is one part of the new National Security Strategy, to be published today, which marks a step change in this country’s approach to securing British interests whilst also creating jobs, wages, and growth for the British people as part of the Government’s Plan for Change.

    Animal disease outbreaks represent a serious and increasing risk to public health, food security, and the UK economy. Approximately 60% of all known human infectious diseases are zoonotic, meaning they can be transmitted from animals to humans. Furthermore, about 75% of emerging infectious diseases originate in animals, making the fight against these diseases about human health and security too.

    Without strong and modernised biosecurity infrastructure, disease incursions could severely impact our farmers, agricultural production, devastate rural communities and disrupt key supply chains. The export of livestock, meat and meat products, dairy and animal by-products is worth £16 billion per year alone to the UK economy.

    The funding will now enhance the country’s detection, surveillance and control capabilities for high-risk animal diseases such as avian influenza, foot and mouth disease and African swine fever, whilst enhancing our ability to manage concurrent disease outbreaks.

    Environment Secretary Steve Reed said:

    The first role of any Government is national security.

    That is why we are making a record investment into the nation’s biosecurity capabilities, and in turn our national security, after years of chronic underfunding.

    Farmers and food producers will now be better protected from diseases, our food security strengthened, and public health better safeguarded against future pandemics. This government is getting on with delivering on our Plan for Change.

    The new National Biosecurity Centre will play an essential role in addressing the full range of biological threats we face, including from hostile nations, and will ensure that the UK retains the scientific capability, infrastructure and expertise needed to lead international efforts to identify, manage, and mitigate disease threats in the years ahead.

    The high containment laboratories for animal health, run by the Animal & Plant Health Agency at Weybridge in Surrey, urgently need renewal to handle escalating disease risks, which are growing in the face of our changing climate. The Government inherited laboratories in poor condition with their long-term future in doubt and the country facing increased risk without action.

    The new facility will join a network of national centres set up by the Cabinet Office under the UK Biological Security Strategy and announced in the National Security Strategy. This new network of government laboratories provides a sovereign capability that keeps the public safe and is essential to responding to biological security risks.

    The network will strengthen and formalise existing collaborations between the UK Health Security Agency, the Animal and Plant Health Agency and the Defence Science and Technology Laboratory. It will ensure we are better prepared for a crisis, can respond more effectively when an incident does happen and deliver a more holistic approach to biological research.

    Jenny Stewart, Senior Science Director at the Animal and Plant Health Agency, said:

    This funding is a vital milestone in the delivery of a world-leading facility that will protect the UK from animal disease threats for decades to come.

    Our scientists and specialists at Weybridge are at the heart of the UK’s disease surveillance and response capability and provide a global centre of expertise.

    Investment on this scale will enable them to continue their critical work in modern, fit-for-purpose facilities, supported by the very latest technologies.

    Preparatory work at the Weybridge site is already underway. Planning Consent has been secured, and a contractor has been appointed to build the main new facilities. The first interim labs to support critical science while we transform the site will be ready in 2027 and 2028. The main construction works start in 2027, with the full NBC live and operational in 2033/34.

    Updates to this page

    Published 24 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UK Government honours exceptional exporters with Made in the UK, Sold to the World Awards

    Source: United Kingdom – Government Statements

    Press release

    UK Government honours exceptional exporters with Made in the UK, Sold to the World Awards

    Twelve exceptional UK-based SMEs have been named today as winners of the Department for Business and Trade’s 2025 Made in the UK, Sold to the World Awards.

    • Twelve SMEs announced as winners of the 2025 Made in the UK, Sold to the World Awards 
    • Now in their third year, the awards celebrate outstanding small businesses achieving exporting success 
    • Winning entries highlight the UK’s strength in sustainability and AI innovation 

    From ethical metal recycling to AI-driven edtech and digital identity, twelve exceptional UK-based SMEs have been named today as winners of the Department for Business and Trade’s (DBT) 2025 Made in the UK, Sold to the World Awards. 

    Now in their third year, the awards celebrate the international growth of the UK’s most dynamic small businesses. While the awards naturally reflect the sectoral diversity of British innovation, this year’s winners signal a global appetite for UK leadership in two high-growth areas: sustainability and artificial intelligence. From Osbit’s offshore wind infrastructure to Twin Science’s gamified climate action kits and ubloquity’s AI-enhanced trade platform, British SMEs are exporting solutions to tackle some of the world’s most urgent challenges. 

    Gareth Thomas, Minister for Services, Small Businesses and Exports, said: 

    The innovation and entrepreneurship shown by the businesses entering the Made in the UK, Sold to the World Awards demonstrate the best of British business. 

    When small businesses export, the whole economy benefits. By celebrating the outstanding international trade achievements of UK SMEs, we hope to encourage more businesses to get on the exporting ladder and take the best of Britain to markets around the world.   

    This year’s winners were chosen from hundreds of entries across 12 sector-focused categories, including two new areas—Digital & Technology and Export Services—introduced to reflect evolving global opportunities. Each category includes one winner and up to three highly commended businesses. 

    In the Digital & Technology category, Porotech stood out for its AR and AI-powered wearables, with 90% of revenue from exports and partnerships with Amazon, Microsoft and Foxconn. Twin Science & Robotics, winner in Education & EdTech, exports to over 40 countries and has seen 70% annual revenue growth through its STEM kits focused on AI, robotics and climate literacy. 

    Sustainability also remains a major theme across the winners. Osbit, winner in Low Carbon Energy, delivers mission-critical offshore wind technology, with 65% of revenue from exports. Meanwhile, Avon Specialty Metals, recognised in Advanced Manufacturing & Construction, recycles high-performance metals and alloys and has grown international sales by 192% over three years. 

    Winners like Gerald McDonald & Company (Agriculture, Food & Drink) and LIMB-art (Healthcare) underscore the global demand for British-made, high-quality products. From innovative prosthetics to premium fruit derivatives, these SMEs prove that exporting drives resilience, expansion and innovation. 

    This year’s winners will receive a bespoke promotional package, including a one-year membership to the Chartered Institute of Export & International Trade, a working capital masterclass with Lloyds Bank, an invitation to the winners’ reception in London, professional photography of their business, bespoke promotion on DBT channels and a digital badge, certificate and trophy to commemorate their achievements. 

    By creating jobs, driving innovation and exporting world-class British products and services, these businesses are making a vital contribution to the Government’s mission to go further and faster for economic growth as part of its Plan for Change.  

    A key part of this mission is supporting SMEs to grow, scale and enter global markets—recognising that when more businesses trade internationally, the entire UK economy benefits. Exporting supports a fifth of UK employment1, paying on average 7% higher wages2 and delivering 21% higher productivity for goods exporters3. 

    To help achieve its mission, the Government recently revamped the Board of Trade to boost SME exports and will soon launch its Trade Strategy. This will set out its approach to maximising export opportunities, including those arising from recently signed agreements with India, the US and the EU. 

    For free help selling to the world, visit business.gov.uk 

    2025 Winners of the Made in the UK, Sold to the World Awards: 

    • Advanced Manufacturing & Construction – Avon Specialty Metals (Gloucester): Selling to 20+ countries with exporting accounting for 31% of revenue from sustainable alloy/metal recycling and AI-driven processing 

    • Agriculture, Food & Drink – Gerald McDonald and Company Ltd (Basildon, Essex): World’s largest supplier of premium Japanese yuzu juice, exporting to 4 continents 

    • Consultancy & Professional Services – Champions Speakers (Loughborough): Exporting to 66 countries, 122% growth in two years 

    • Creative Industries – Luminous Show Technology (Exeter): Special effects hardware used in Harry Potter and the Commonwealth Games, with 35% export revenue 

    • Digital & Technology – Porotech (Cambridge): 90% export revenue; cutting-edge AR and AI display tech 

    • Education & EdTech – Twin Science & Robotics Ltd (London): STEM tools used in 40+ countries, 93% export revenue 

    • Financial Services & FinTech – Ozone Financial Technology Ltd (London): Exports to 15 countries; 77% of revenue from international markets 

    • Healthcare – LIMB-art (Conwy, Wales): Stylish prosthetics sold in 10 countries; 30% of revenue from exports 

    • Infrastructure & Engineering – Maritime Developments Limited (Aberdeen): 92% export revenue from offshore energy tech 

    • Low Carbon Energy – Osbit (Riding Mill, Northumberland): Bespoke offshore wind equipment exported to 9 countries 

    • Retail & Consumer Goods – Jenolite UK Ltd (Biggleswade, Bedfordshire): Iconic rust removal brand exporting to 50+ countries, with £2.9M in export revenue 

    • Export Services – ubloquity (Scarva, Northern Ireland): AI, blockchain and digital identity solutions empowering businesses to scale globally  

    2025 Highly Commended Businesses: 

    • Advanced Manufacturing & Construction – Bespoke Stairlifts (Huddersfield), Delta-Xero Distribution Ltd (Fareham), John King Chains (Leeds) 

    • Agriculture, Food & Drink – Evenproducts Ltd (Evesham), PBS International (Crawley), Nourished (Birmingham) 

    • Consultancy & Professional Services – Jean Edwards Consulting (Brighton), Landell Mills (Wiltshire), The Config Team (Cumbria) 

    • Creative Industries – Jesmonite (Shropshire), Rainbow Productions (London), Wild Creations (Cardiff) 

    • Digital & Technology – Hitomi Broadcast (Maidenhead), iLivestock (Dunfermline), uqudo (Manchester) 

    • Education & EdTech – Alphablocks (London), Learning Resource Network (London), Lincoln College (Lincoln) 

    • Financial Services & FinTech – Bueno Europe (Birmingham), Hoptroff (London) 

    • Healthcare – Black Space Technology (Birmingham), Birmingham Biotech (Birmingham), Novocuris (London) 

    • Infrastructure & Engineering – Rosehill Polymers (West Yorkshire), Direct Access (Nantwich), Atmos International (Manchester) 

    • Low Carbon Energy – Munro Vehicles (Glasgow) 

    • Retail & Consumer Goods – RSscan Lab (Ipswich), Dr.PAWPAW (London), The British Hamper Company (Lincoln) 

    • Export Services – Intralink (Oxford), Abex Infoway Europe Ltd (London)

    Updates to this page

    Published 24 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Australia: NAB appoints Group Executive for Digital, Data and Artificial Intelligence

    Source: Premier of Victoria

    NAB today announced the appointment of Pete Steel as Group Executive, Digital, Data & Artificial Intelligence.

    In this new role reporting to NAB Group Chief Executive Officer, Andrew Irvine, Mr Steel will lead the bank’s digital, data and AI teams and initiatives to deliver better experiences for customers. He will also be accountable for design, customer onboarding and NAB’s digital bank ubank.

    “Digital, data and AI are critical enablers for the delivery of our strategic ambition of customer-centricity and now is the right time to have an executive solely accountable and focussed on accelerating our progress in these areas,” Mr Irvine said.

    “Pete’s deep experience in using digital and technology solutions to deliver for customers and driving commercial outcomes will be a valuable addition to my Executive Leadership Team.”

    Mr Steel is Managing Director, Customer Engagement, at Lloyds Banking Group in the UK, leading a division of approximately 16,000 people responsible for consumer sales and service, digital, artificial intelligence, personalisation, branches, call centres and advisers.

    Prior to joining Lloyds, he founded fintech startup Expertli and served as a Senior Adviser on digital transformation at Boston Consulting Group. Previously, he spent 16 years at CBA in executive roles including Group Chief Digital Officer.

    Mr Steel will start at NAB on January 5, 2026, subject to regulatory approvals and on completing his employment at Lloyds.

    Following these changes, Group Chief Operating Officer Les Matheson will continue to have responsibility for several of NAB’s key strategic priorities including Business-led Technology Modernisation, Payments, Customer Experience, Group Marketing and Enterprise Simplification.

    Announcements

    SEE ALL TOPICS

    Media Enquiries

    For all media enquiries, please contact the NAB Media Line on 03 7035 5015

    MIL OSI News –

  • MIL-OSI: WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    Source: GlobeNewswire (MIL-OSI)

    Courtesy of SpaceX

    WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    SEALSQ and WISeSat are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit

    Geneva, Switzerland, June 23, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary WISeSat.Space SA (“WISeSat”), has successfully launched its latest generation satellite WISeSat 3 aboard SpaceX’s Falcon 9 Transporter-14 mission, June 23 at 23:18 CEST from Vanderberg, California. This mission represents a breakthrough in space-based cybersecurity and decentralized infrastructure, marking the first satellite to embed Quantum RootKey from SEALSQ’s Corp. (Nasdaq: LAES) (“SEALSQ”), another subsidiary of WISeKey.

    The new satellite includes cutting-edge technology enabling SEALCOIN token exchanges directly from space, in collaboration with Hedera. Of note, SEALCOIN AG, also a subsidiary of WISeKey, focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform. This innovation establishes the world’s first Decentralized Physical Infrastructure Network (DePIN) launched from orbit, transforming the role of satellites in decentralized finance and secure digital identity.

    Simultaneously, the mission is a pivotal step forward in securing space communications through the implementation of post-quantum cryptography (PQC). PQC is critical for protecting satellite communications against future threats posed by quantum computers, which are expected to render current encryption methods like RSA obsolete. Ensuring data integrity and confidentiality is essential in the space environment, and PQC delivers quantum-resistant algorithms that can be integrated into existing systems, allowing for a seamless transition and protection from both current and emerging risks.

    This satellite architecture supports the integration of PQC within a hybrid framework that enables secure communication between orbital and ground-based infrastructure. By embedding PQC algorithms directly into satellite hardware, the cryptographic processing is isolated from critical systems, thus enhancing security and minimizing vulnerabilities. This approach also allows for secure key generation, distribution, and management, essential functions for trusted data exchange between satellites and Earth stations.

    The cryptographic algorithms being tested onboard follow the latest standards under development by the U.S. National Institute of Standards and Technology (NIST), ensuring that the technology is aligned with global efforts to future-proof digital infrastructure. With this mission, WISeSat and SEALSQ are demonstrating how PQC can not only be deployed in terrestrial networks, but also extended into orbit, safeguarding critical communications for years to come.

    Carlos Moreira, Founder and CEO of WISeKey, commented: “This launch is not only a milestone for decentralized infrastructure in space, but also a strategic move toward making space communications quantum-resilient. By embedding PQC and enabling blockchain-based tokenization from orbit, we are reshaping the way cybersecurity, finance, and space technology converge.”

    Representing WISeSat at the launch was David Fergusson, Board Director of WISeKey, and Executive Managing Director, M&A at Generational Equity. Joining Mr. Fergusson, as a guest of WISeKey was Jon Templeman, CEO of Savior Products and a pioneer in battery technology. Mr. Templeman’s latest innovation is an industry-disruptive ‘shock and vibration management system’ for application to all vehicles–from automobiles to rockets, increasing life-span and reducing material costs.

    Mr. Fergusson commented, “WISeSat’s groundbreaking innovation, pioneering the advancement of post-quantum cryptography, continues to set precedent for the future of trusted communication and data transmission. And it’s an honor to be joined at this historic launch by Jon Templeman, a pioneer in his own right, whose advancements in battery technology will be transformative for companies like WISeSat.”

    The latest satellite launch forms part of a growing WISeSat constellation that delivers sovereign, secure, and scalable satellite services for IoT, digital identity, and trusted data transmission. The launch strengthens Europe’s capabilities in space and cybersecurity, promoting technological independence and leadership in the age of quantum computing.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-OSI: WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    Source: GlobeNewswire (MIL-OSI)

    Courtesy of SpaceX

    WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications

    SEALSQ and WISeSat are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit

    Geneva, Switzerland, June 23, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary WISeSat.Space SA (“WISeSat”), has successfully launched its latest generation satellite WISeSat 3 aboard SpaceX’s Falcon 9 Transporter-14 mission, June 23 at 23:18 CEST from Vanderberg, California. This mission represents a breakthrough in space-based cybersecurity and decentralized infrastructure, marking the first satellite to embed Quantum RootKey from SEALSQ’s Corp. (Nasdaq: LAES) (“SEALSQ”), another subsidiary of WISeKey.

    The new satellite includes cutting-edge technology enabling SEALCOIN token exchanges directly from space, in collaboration with Hedera. Of note, SEALCOIN AG, also a subsidiary of WISeKey, focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform. This innovation establishes the world’s first Decentralized Physical Infrastructure Network (DePIN) launched from orbit, transforming the role of satellites in decentralized finance and secure digital identity.

    Simultaneously, the mission is a pivotal step forward in securing space communications through the implementation of post-quantum cryptography (PQC). PQC is critical for protecting satellite communications against future threats posed by quantum computers, which are expected to render current encryption methods like RSA obsolete. Ensuring data integrity and confidentiality is essential in the space environment, and PQC delivers quantum-resistant algorithms that can be integrated into existing systems, allowing for a seamless transition and protection from both current and emerging risks.

    This satellite architecture supports the integration of PQC within a hybrid framework that enables secure communication between orbital and ground-based infrastructure. By embedding PQC algorithms directly into satellite hardware, the cryptographic processing is isolated from critical systems, thus enhancing security and minimizing vulnerabilities. This approach also allows for secure key generation, distribution, and management, essential functions for trusted data exchange between satellites and Earth stations.

    The cryptographic algorithms being tested onboard follow the latest standards under development by the U.S. National Institute of Standards and Technology (NIST), ensuring that the technology is aligned with global efforts to future-proof digital infrastructure. With this mission, WISeSat and SEALSQ are demonstrating how PQC can not only be deployed in terrestrial networks, but also extended into orbit, safeguarding critical communications for years to come.

    Carlos Moreira, Founder and CEO of WISeKey, commented: “This launch is not only a milestone for decentralized infrastructure in space, but also a strategic move toward making space communications quantum-resilient. By embedding PQC and enabling blockchain-based tokenization from orbit, we are reshaping the way cybersecurity, finance, and space technology converge.”

    Representing WISeSat at the launch was David Fergusson, Board Director of WISeKey, and Executive Managing Director, M&A at Generational Equity. Joining Mr. Fergusson, as a guest of WISeKey was Jon Templeman, CEO of Savior Products and a pioneer in battery technology. Mr. Templeman’s latest innovation is an industry-disruptive ‘shock and vibration management system’ for application to all vehicles–from automobiles to rockets, increasing life-span and reducing material costs.

    Mr. Fergusson commented, “WISeSat’s groundbreaking innovation, pioneering the advancement of post-quantum cryptography, continues to set precedent for the future of trusted communication and data transmission. And it’s an honor to be joined at this historic launch by Jon Templeman, a pioneer in his own right, whose advancements in battery technology will be transformative for companies like WISeSat.”

    The latest satellite launch forms part of a growing WISeSat constellation that delivers sovereign, secure, and scalable satellite services for IoT, digital identity, and trusted data transmission. The launch strengthens Europe’s capabilities in space and cybersecurity, promoting technological independence and leadership in the age of quantum computing.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-OSI New Zealand: NZ-NASA partnership launches five new projects

    Source: New Zealand Government

    Science, Innovation and Technology Minister Dr Shane Reti and Space Minister Judith Collins have today announced that in partnership with the US, the Government is investing $5.6 million to support five new joint NZ-NASA research projects in the field of Earth observation.

    Researchers from New Zealand and NASA will work in partnership to tackle challenges such as disaster resilience and environmental management over the next three years.

    “These projects will combine some of New Zealand’s best research talent with NASA’s world-leading scientific expertise and technology, driving innovation in space science and environmental monitoring,” Dr Reti says.

    “Advancing Earth observation science helps us better understand our natural environment and enables us to manage our natural resources more effectively. For example, we can use satellite data and AI algorithms to accurately measure water movements, which helps manage freshwater and mitigate floods.

    “These projects will create a more resilient economy and drive productivity in some of our most valuable export industries, such as forestry and agriculture. They will also grow our science and innovation sector by positioning us in global growth markets such as remote sensing,” Dr Reti says.

    “The US is an indispensable space cooperation partner for New Zealand and our engagement with NASA is a key part of our bilateral relationship. These projects will further entrench our ongoing and positive relationship with NASA,” Ms Collins says.

    “NASA will contribute Earth observation satellite data, access to advanced tools and technology, as well as approximately $1.9 million in direct staff time and expertise.

    The projects are the second stage of the NZ–NASA research partnership through the Catalyst Fund, following an earlier round of feasibility studies. The selected projects span a range of high-impact areas:

    • Te Mātai Pū o te Kea – High Altitude Coastal Remote Sensing – advances remote-sensing technology using Kea’s Atmos high-altitude uncrewed aircraft.
    • Satellite Multi-Scale Hydrologic Framework for Te Hiku ō Te Ika Wairere Ngahere – develops tools to measure terrestrial water flux via satellite data.
    • Monitoring Vegetation–Geothermal Interactions from Space and Airborne Platforms – Integrates multiple Earth observation data streams to measure chemical and physical changes via vegetation.
    • Near Real-Time Fuel Moisture System for Wildfire and Drought – builds a predictive fire model using remote sensing.
    • Integrating Machine Learning and Remote Sensing for Dynamic Forest Mapping – develops predictive forest mapping using satellite imagery.

    Further information about the projects can be found on the MBIE website: https://www.mbie.govt.nz/catalyst-strategic-new-zealand-nasa-joint-research-programme-in-earth-observation

    MIL OSI New Zealand News –

  • MIL-OSI USA: Ernst Champions Opportunities for Future Farmers and Manufacturers

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    STORM LAKE, Iowa – U.S. Senator Joni Ernst (R-Iowa), a member of the Senate Committee on Agriculture, led a roundtable discussion on her bipartisan Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) that will expand opportunities for first-time farmers and small to mid-size manufacturers.
    The legislation will modernize the Internal Revenue Service’s (IRS) rules for Industrial Development Bonds (IDBs) and First-Time Farmer Bonds (Aggie Bonds) and provide new financing opportunities for beginning farmers and small-scale manufacturers. Iowa leads the nation in use of Aggie Bonds, but the rules for IDBs and Aggie Bonds have not been updated in nearly 30 years.
    “It’s time to cut the red tape and give our farmers, small manufacturers, and rural lenders room to grow. My bipartisan MAMBA legislation’s commonsense updates will do that by driving new investment and making it easier for beginning farmers and manufacturers to access capital and grow their businesses,” said Senator Ernst. “Iowa leads the nation in using Aggie Bonds, and I appreciate the folks who joined me to share their insights as I work to get this bill across the finish line.”

    Download photos from the event here.
    Today, Ernst was joined by:

    Tammy Nebola, Ag Development Program Specialist, Iowa Finance Authority
    Jayme Ungs, Iowa Ag Development Division Board Member, Peoples Bank
    Kevin Boyle, Iowa Ag Development Division Board Member, Templeton Savings Bank
    Eric Weuve, Organizer of the Iowa Bankers Association Ag Lending Program, Iowa State Extension
    Makayla Gallentine, Advocacy and Policy Coordinator, Iowa Bankers Association
    Mike Gathman, CEO, Community Bankers of Iowa

    Ernst’s MAMBA legislation has earned overwhelming support:
    “We applaud Senator Ernst for introducing the Modernizing Agricultural and Manufacturing Bonds Act,” said David Howard, Policy Development Director at the National Young Farmers Coalition. “Access to land–the number one challenge for this new generation of farmers and ranchers–is inextricably linked to credit accessibility. Aggies bonds provide a win-win mechanism that affords tax free interest to private agricultural lenders, on lower interest loans made to beginning farmers. This proposed legislation will make several commonsense updates to this important credit accessibility tool.”
    “We are thrilled that MAMBA has been reintroduced in the U.S. Senate with bipartisan support. With our country facing great economic opportunity, it has become clear that investments in farmers and manufacturers are necessary to strengthen the United States’ global competitiveness. By updating the 40-year-old rules around agricultural and manufacturing bonds, MAMBA allows for the innovative financing tools necessary to invest in local communities by expanding and growing American manufacturing and farming,” said Toby Rittner, President & CEO of the Council of Development Finance Agencies. “Senators Ernst and Warner have been great champions of farmers and manufacturers and the development finance industry as a whole, and I am thankful for their commitment to those key pillars of the U.S. economy.”
    “The BDA supports the reintroduction of the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA). This commonsense and bipartisan legislation will embolden small manufacturers and first-time farmers in a time when investment in rural America is needed more than ever,” said the Bond Dealers of America. “It has been over 30 years since these bonds have been modernized, causing stagnation in these respective industries.  We call on Congress to advance this overdue legislation.”
    “The Independent Community Banks of America (ICBA) supports the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) and applauds its introduction by Senators Ernst and Warner. This legislation modernizes industrial development bonds and first-time farmer bonds by updating, for the first time in 30 years, the Internal Revenue Code’s treatment of IDBs for small manufacturers and aggie bonds for beginning farmers,” said Rebeca Romero Rainey, ICBA President and CEO. “These changes allow community banks to better serve these market segments that are vitally important to our local rural economies by providing customers more flexible and larger financing and lower-cost credit options.”
    “MAMBA will support the flow of investment to small and medium-size manufacturing companies across the American heartland, bringing the program of Industrial Development Bonds and Aggie Bonds into the 21st Century,” said Julius Krein, Chair of the Board of Directors of the New American Industrial Alliance. “NAIA encourages the reindustrialization of the American economy at all levels and in all sectors, especially in financing the development of productive capacity.”
    Read the full bill – supported by Senators Mark Warner (D-Va.) and Cindy Hyde-Smith (R-Miss.) – here.

    MIL OSI USA News –

  • MIL-OSI USA: CONGRESSWOMAN PLASKETT CELEBRATES HOUSE PASSAGE OF BIPARTISAN LEGISLATION TO ESTABLISH TRANS-ATLANTIC SUBMARINE FIBER OPTIC CABLE

    Source: United States House of Representatives – Congresswoman Stacey E. Plaskett (USVI)

    For Immediate Release                             Contact: Tionee Scotland 

    June 23, 2025                                                    202-808-6129 

    PRESS RELEASE 

    CONGRESSWOMAN PLASKETT CELEBRATES HOUSE PASSAGE OF BIPARTISAN LEGISLATION TO ESTABLISH TRANS-ATLANTIC SUBMARINE FIBER OPTIC CABLE 

    Washington, DC – This week, Congresswoman Plaskett’s (D-VI-AL) HR 1737, the “DiasporaLink Act”, passed through the House of Representatives by voice vote. The Bill, re-introduced in March with her Republican colleague Congressman Russ Fulcher (R-ID-1), requests an assessment of the value, cost, and feasibility of developing a Trans-Atlantic submarine fiber optic cable which will connect the East coast of the United States, via the United States Virgin Islands, with Nigeria and Ghana.  

    “I am pleased to see the passage of this legislation known as the ‘DiasporaLink Act’ through the House. This bill represents an opportunity to establish high-speed internet connection to Africa and throughout the Caribbean from American soil, which will enhance America’s national security data and communication interests in the regions. In the legislation, this TransAtlantic submarine fiber optic cable will intersect in the U.S. Virgin Islands. The DiasporaLink Act is envisioned as both a national security instrument and a digital commerce expressway to boost America’s global, political, economic, and military advantages and influences. This act will ensure the region is not forgotten as it confronts increasing regional political instability and transnational criminal activity,” stated Congresswoman Stacey E. Plaskett. 

    “Thank you to Congressman Fulcher for his continued support of this legislation as well as Energy & Commerce Committee Ranking Member Frank Pallone (D – New Jersey) and Energy & Commerce Committee Chair, Republican Congressman Brett Guthrie (KY) for their stewardship of this initiative.  

    “The passage of this bill through the House of Representatives is a significant step in the legislative process. Legislation does not become law until passed by the House, passed by the Senate, then signed by the President. I am hopeful this measure will be considered Senate in short order,” shared Congresswoman Stacey Plaskett.

    Background: 

    Presently, there is no direct fiber optic link between the US and the continent of Africa. Africa is increasingly an area that presents dynamic economic opportunity for our country as well as national security challenges that must be addressed. The Virgin Islands is strategically positioned in the transit zones to fight transnational crime and protect U.S. national and regional security in the Caribbean as well as be a safe hub for optic between the 2 continents. The TransAtlantic submarine fiber optic cable network’s strategic location makes DiasporaLink a “Digital Safe Harbor” under the U.S. flag. This service will provide African and Caribbean submarine operators and Internet Service Providers (ISPs) a clear channel to U.S. financial and business centers. In addition, undersea cables have significant strategic importance and an estimated 400 of them carry approximately 98 percent of international internet data as well as telephone traffic around the world. Many are owned and operated by U.S. companies — helping reinforce U.S. dominance over the internet while giving a sense of security to the U.S. and its allies that may be concerned about sabotage or surveillance. Having the hub in the U.S. Virgin Islands is a significant 21st century paradigm shift; it allows our islands’ advantages, many of which have been used for the benefit of other world powers (i.e. the VI’s geostrategic location), to be utilized for the benefit of our people. DiasporaLink in the USVI will make it a hub for commerce in the global digital economy and will stimulate high tech job opportunities for Virgin Islanders and attract digital users to the territory. 

    In the 118th Congress, this legislation passed through the House Energy & Commerce Committee with unanimous support, passed the House of Representatives and was sent on to the Senate. The Office of Congresswoman Plaskett is working with the Senate to facilitate passage in that Chamber. 

    MIL OSI USA News –

  • MIL-OSI: Matador Technologies Receives Conditional Approval for Change of Business

    Source: GlobeNewswire (MIL-OSI)

    Key Highlights

    • TSX Venture Exchange grants conditional approval for Matador’s Change of Business (“COB”) to a hybrid “Technology / Investment” issuer, subject to the Company satisfying the TSXV’s requirements and conditions.
    • Enables Matador to operate as a pure Bitcoin Ecosystem Company with a focus on holding, acquiring, and investing in Bitcoin and digital asset ventures, assuming that the Company obtains TSXV final approval of the COB.
    • Unlocks ability to scale Bitcoin treasury strategy, deploy capital into the Bitcoin ecosystem, and expand globally, assuming that the Company obtains TSXV final approval of the COB and obtains TSXV approval to expand globally.
    • Positions Matador to proceed with its proposed investment in HODL Systems, one of India’s first digital asset treasury companies, assuming that the Company obtains TSXV conditional approval with respect to this investment.

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3), is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the “TSXV”) to complete its previously announced Change of Business (“COB”) to a hybrid “Technology / Investment” issuer, as defined under TSXV policies, subject to the Company satisfying TSXV requirements and conditions. The Company expects to close the COB on or about July 4, 2025.

    Assuming that the Company satisfies TSXV requirements and conditions respecting the COB, Matador will be able to expand its business model to include activities consistent with its investment policy and TSXV regulations, including the acquisition and management of Bitcoin and investments in Bitcoin-related technologies and infrastructure. The new structure provides the Company with greater operational flexibility within the digital asset sector. “This marks an important milestone on our journey,” said Deven Soni, Chief Executive Officer of Matador Technologies. “With conditional approval in place, we are one step closer to advancing our Bitcoin treasury strategy and supporting Bitcoin-native innovation globally—subject to final TSXV approval.”

    What the Change of Business Enables

    Assuming that the Company obtains TSXV final approval of the COB, Matador will be able to:

    • Advance its Bitcoin accumulation strategy, applying a structured approach as a public issuer;
    • Make equity investments in Bitcoin-focused businesses and technologies including custody, mining, tokenization, and related infrastructure;
    • Continue developing its Digital Gold platform, beginning with its “Grammies” product line, which links physical gold to inscriptions on the Bitcoin blockchain;
    • Deploy capital in selected international markets such as India, where digital asset usage and gold demand are well-established;
    • Operate with expanded flexibility across the Bitcoin ecosystem.

    The Change of Business is subject to the receipt of shareholder approval and final TSXV approval and the filing of customary documentation. A filing statement in respect of the Change of Business has been filed on SEDAR+ at www.sedarplus.ca under the Company’s profile.

    Unlocking the India Opportunity

    Assuming that the Company obtains TSXV final approval of the COB and conditional approval of the HODL Systems (“HODL”) investment transaction, Matador will be able to increase its exposure to the global digital asset ecosystem. Under the terms of the LOI, Matador will commit to a share warrant structure that could provide the Company with up to a 24% ownership stake in HODL Systems, assuming full exercise of the warrants.

    This investment will anchor Matador’s entry into India—one of the world’s fastest-growing markets for technology, gold, and digital assets. With a median population age under 30, mobile-first adoption patterns, and the world’s largest private gold market, India is an ideal jurisdiction for Matador to scale both its Digital Gold product and its digital asset native treasury strategy. HODL Systems mirrors Matador’s thesis by implementing a digital asset balance sheet strategy and offering a gateway to license Matador’s infrastructure across the Indian subcontinent.

    “We believe HODL Systems reflects the kind of infrastructure-driven Bitcoin strategy we are seeking to support,” said Mark Moss, Chief Visionary Officer at Matador. “Subject to regulatory approval, this investment would support Matador’s entry into one of the most active markets for digital assets globally.”

    The investment in HODL remains subject to TSXV approval.

    Building a Global Bitcoin Ecosystem Company

    Matador’s proposed model is influenced by other public issuers such as Metaplanet Inc., a Japanese company that has implemented a Bitcoin treasury model. Metaplanet has pursued capital formation and Bitcoin acquisition strategies within a regulated public market framework in Japan, where institutional interest in Bitcoin is growing and monetary policy remains highly accommodative.

    Matador sees parallels between these conditions and those emerging in India, where inflationary pressures, a growing appetite for alternative assets, and increasing regulatory clarity around digital assets are driving renewed interest in Bitcoin as a store of value. Additionally, India’s robust technology sector and expanding capital markets create favorable conditions for a Bitcoin-aligned corporate strategy. Subject to final TSXV approval, Matador intends to pursue a similar approach in select jurisdictions, including India, where it can responsibly support Bitcoin-native companies and infrastructure development.

    “This conditional approval is a key milestone in our plan to hold and invest in Bitcoin as part of our corporate treasury strategy,” said Deven Soni, Chief Executive Officer of Matador Technologies. “Subject to final TSXV approval, it brings us closer to allocating capital to companies building core infrastructure across the Bitcoin ecosystem.”

    Strategic Advisors Supporting Execution

    To support this next phase of growth, Matador recently formed a Strategic Advisory Board composed of industry leaders with deep expertise in Bitcoin, gold, and global capital markets. The Strategic Advisory Board includes:

    • David Bailey, CEO of BTC Inc., General Partner at UTXO Management, LLC and founding partner of Bitcoin-focused holding company Nakamoto. Bailey brings significant experience from his leadership of Bitcoin for Corporations—a platform developed in partnership with MicroStrategy—and his early involvement in Metaplanet’s Bitcoin strategy in Japan.
    • Brad Mills, a Bitcoin entrepreneur and investor known for his active role in early-stage Bitcoin infrastructure and digital asset investments.
    • Dave Forestell, a legal and regulatory executive with deep expertise in natural resources, public markets, and policy. He chairs the Alcohol and Gaming Commission of Ontario and previously led iGaming Ontario.

    These advisors provide Matador with a unique blend of strategic insight—combining institutional knowledge of Bitcoin capital markets, legacy gold infrastructure, and cross-border regulatory frameworks.

    For additional information, please contact:

    Media Contact:
    Sunny Ray
    President
    Email: sunny@matador.network
    Phone: 647-496-6282

    About Matador Technologies Inc.

    Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF, FSE: IU3) is a publicly traded Bitcoin ecosystem company focused on holding Bitcoin as its primary treasury asset and building products to enhance the Bitcoin network. Matador’s strategy combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, with a focus on driving long-term shareholder value while maintaining capital efficiency.

    Matador has recently expanded its global footprint by investing in HODL Systems, one of India’s first digital asset treasury companies, securing up to a 24% ownership stake. This investment strengthens Matador’s position as a leading Bitcoin treasury company and underscores its commitment to the worldwide adoption of Bitcoin as a reserve asset.

    With a Bitcoin-first strategy, and a clear focus on innovation, Matador is shaping the future of financial infrastructure on Bitcoin.

    Visit us online at https://www.matador.network/.

    Cautionary Statement Regarding Forward-Looking Information

    NEITHER THE 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.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

    Forward-Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy, receipt of regulatory and shareholder approvals, and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network –

  • MIL-OSI: Acceleware Announces Strategic Collaboration and Distribution Agreement with Scovan

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 23, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of cutting-edge radio frequency (RF) power-to-heat technologies targeting process heat for critical minerals, amine regeneration (for carbon capture and other applications), and enhanced oil production, is pleased to announce a strategic collaboration and distribution agreement (“The Agreement”), with Scovan. Scovan is an industry leader specializing in innovation and expertise for energy sector projects by providing engineering, procurement, complete fabrication, construction and construction management services (EPFC).

    This Agreement supports Acceleware’s broader strategy to rapidly evolve the Company from research and development to a cash flow generating business. It is also structured such that it could potentially expedite successful commercialization immediately upon demonstrated success with the Company’s next RF XL 2.0 project.

    Among other terms, the Agreement establishes a collaboration that:

    • Appoints Scovan as the exclusive distributor of RF XL in western Canada, once RF XL is commercialized;
    • Provides Scovan as the preferred surface facility engineering and construction partner for RF XL 2.0.
    • Is expected to expedite partnerships and sales both before and after successful commercialization of RF XL 2.0.
    • Uses Scovan’s EPFC expertise to potentially reduce lead time from regulatory approval to cash flow by a year or more.

    Scovan has strong relationships with a large number of heavy oil and oil sands producers and has made bringing innovation to market as commercial solutions a strategic priority, allowing for a quick ramp up from demonstration to multi-well pilot, and then to commercialization and sales. Scovan is a recognized leader in oil sands and heavy oil EPFC.

    The Acceleware team continues to actively look to acquire additional production rights to heavy oil assets in western Canada where they will deploy an RF XL 2.0 demonstration as an enhanced oil recovery method. This initiative provides an opportunity to deploy RF XL in a well-suited reservoir and earn oil production revenues, while offering the potential for multi-well expansion.

    “This partnership is the first of several strategic steps to accelerate RF XL 2.0’s path to market,” said Geoff Clark, CEO of Acceleware. “With the federal government’s ‘One Canadian Economy’ Act placing a clear priority on decarbonized oil, the time to act is now. By engaging Scovan to fast-track commercialization, we aim to demonstrate both the economic viability and emissions-reduction potential of RF XL 2.0 – bringing this breakthrough technology to large-scale deployment within two years, not decades. We strongly believe that this Agreement adds significant value to Acceleware and to our shareholders by increasing our project delivery credibility, and providing strong backing that RF XL 2.0 can deliver for the industry.”

    Added Donovan Nielsen, President of Scovan, “This partnership supports Scovan’s vision of the ‘Facility of the Future’ – one that is more sustainable, more efficient, smaller in footprint, faster to deliver, and more cost-effective. Innovation and calculated risk-taking are essential to unlocking new approaches to oil development and Scovan’s collaboration with Acceleware reflects this mindset. While the technology is still proving its effectiveness in the field, we are excited by its potential and committed to supporting solutions that could reshape how in-situ oil sands extraction is done in the future.”

    About Acceleware:

    Acceleware is an advanced electromagnetic (EM) heating company with cutting-edge radio frequency (RF) power-to-heat solutions for large industrial applications. The Company’s technologies provide an opportunity to electrify and decarbonize industrial process heat applications while reducing costs.

    The Company is working to use its patented and field proven Clean Tech Inverter (CTI) to materially improve the efficiency of amine regeneration, and has partnered with a consortium of world-class potash partners seeking to decarbonize drying of potash ore and other critical minerals. Acceleware is actively developing other process heat applications and partnerships for RF heating.

    Acceleware’s RF XL is a patented low-cost, low-carbon RF thermal enhanced oil production technology for heavy oil that is materially different from any enhanced recovery technique used today.

    Acceleware is a public company listed on the TSXV under the trading symbol “AXE”.

    About Scovan:

    Scovan is a cutting-edge EPFC firm that provides innovative, sustainable services for energy sector projects. Our proven track record, unique approach and turnkey offerings allow us to provide end-to-end solutions, from piloting to full-scale commercial development. Combining past experience, present opportunities, and future vision, we create long-term value for clients. Scovan is your trusted partner, providing you with the confidence and certainty needed for successful developments – A New Energy.

    Cautionary Statements

    This news release contains forward-looking statements and/or forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. When used in this release, such words as “will”, “anticipates”, “believes”, “intends”, “expects” and similar expressions, as they relate to Acceleware, or its management, are intended to identify such forward-looking statements. Such forward-looking statements reflect the current views of Acceleware with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause Acceleware’s actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements. Certain information and statements contained in this news release constitute forward-looking statements, which reflects Acceleware’s current expectations regarding future events, including, but not limited to: the future benefits arising from the Agreement; the Company’s ability to successfully complete commercialization of RF XL 2.0; the potential acquisition by the Company of certain assets, deployment of RF XL 2.0; the initiatives to be implemented by Management to shift the Company’s focus from research and development to cash flow generation; the timing to complete certain milestones in the Agreement; and the impact of the Agreement on Acceleware’s business and shareholder value.

    Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the availability of potential heavy oil production rights in western Canada, the availability of investment capital and other funding, the high degree of uncertainties inherent to feasibility and economic studies which are based to a significant extent on various assumptions; variations in commodity prices and exchange rate fluctuations; variations in cost of supplies and labour; lack of availability of qualified personnel; receipt of necessary approvals; availability of financing for technology and project development; uncertainties and risks with respect to developing and adopting new technologies; general business, economic, competitive, political and social uncertainties; change in demand for technologies to be offered by the Company; obtaining required approvals of regulatory authorities and/or shareholders, as applicable; ability to access sufficient capital from internal and external sources. For a more fulsome list of risk factors please see the Company’s December 31, 2024, year-end Management Discussion and Analysis (“MD&A”) available on SEDAR+ at www.sedarplus.ca.

    Management of the Company has included the above summary of assumptions and risks related to forward-looking statements provided in this release to provide shareholders with a more complete perspective on the Company’s current and future operations and such information may not be appropriate for other purposes. The Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements included in this news release should not be read as guarantees of future performance or results. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    This press release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    For more information:
    Geoff Clark
    Tel: +1 (403) 249-9099
    geoff.clark@acceleware.com

    The MIL Network –

  • MIL-OSI: Red Earth Casino Chooses QCI Chatalytics to Enhance Casino Operations with Integrated AI Solutions

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 23, 2025 (GLOBE NEWSWIRE) — Red Earth Casino has chosen Quick Custom Intelligence’s (QCI) Chatalytics platform to revolutionize its casino operations and elevate guest engagement. This AI-powered suite—which includes Slot Copilot, Player Copilot, the Dashboard, and the Robot Button—leverages OpenAI technology to deliver real-time intelligence and streamline decision-making across the gaming floor.

    Built to enhance both slot performance and player service, QCI Chatalytics offers a powerful blend of automation and data analytics. Slot Copilot enables real-time slot machine monitoring, predictive performance analytics, and intelligent task assignment. Player Copilot uses behavioral insights to support personalized guest engagement strategies and optimize rewards. The Dashboard provides an intuitive, real-time view of key operational metrics, while the Robot Button automates routine actions—freeing up staff to focus on high-impact guest interactions.

    “At Red Earth Casino, we are committed to the strategic adoption of AI across our operations,” said Larry Resick, Marketing Manager for Red Earth Casino. “Our collaboration with QCI Chatalytics is one example of how we’re embracing advanced AI platforms. By integrating this technology alongside several other AI-driven solutions, we’re building a forward-thinking environment that supports smarter decision-making.”

    Andrew Cardno, CTO of QCI, shared his enthusiasm for the collaboration: “We’re proud to bring Chatalytics to Red Earth Casino. By integrating OpenAI’s advanced models into our platform, we’re empowering casino operators with instant insights, intelligent automation, and unprecedented visibility into floor operations. This partnership marks a new era of AI-driven excellence in gaming.”

    The QCI Chatalytics suite is part of QCI’s commitment to delivering transformative, AI-enabled solutions that drive operational impact and improve the player experience throughout the gaming industry.

    ABOUT Red Earth Casino
    Red Earth Casino, located between Indio and Brawley on Highway 86, is known as the friendliest & cleanest casino in the valley. With over 400 slots, we’ve got everything to make Red Earth Casino a gamers’ Jackpot paradise. www.redearthcasino.com

    ABOUT QCI
    Quick Custom Intelligence (QCI) has pioneered the revolutionary QCI Enterprise Platform, an artificial intelligence platform that seamlessly integrates player development, marketing, and gaming operations with powerful, real-time tools designed specifically for the gaming and hospitality industries. Our advanced, highly configurable software is deployed in over 250 casino resorts across North America, Australia, New Zealand, Canada, Latin America, and Europe. The QCI AGI Platform, which manages more than $35 billion in annual gross gaming revenue, stands as a best-in-class solution, whether on-premises, hybrid, or cloud-based, enabling fully coordinated activities across all aspects of gaming or hospitality operations. QCI’s data-driven, AI-powered software propels swift, informed decision-making vital in the ever-changing casino industry, assisting casinos in optimizing resources and profits, crafting effective marketing campaigns, and enhancing customer loyalty. QCI was co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno and is based in San Diego, with additional offices in Las Vegas, St. Louis, Dallas, and Tulsa. Main phone number: (858) 299.5715. Visit us at www.quickcustomintelligence.com.

    ABOUT Andrew Cardno
    Andrew Cardno is a distinguished figure in the realm of artificial intelligence and data plumbing. With over two decades spearheading private Ph.D. and master’s level research teams, his expertise has made significant waves in data tooling. Andrew’s innate ability to innovate has led him to devise numerous pioneering visualization methods. Of these, the most notable is the deep zoom image format, a groundbreaking innovation that has since become a cornerstone in the majority of today’s mapping tools. His leadership acumen has earned him two coveted Smithsonian Laureates, and teams under his mentorship have clinched 40 industry awards, including three pivotal gaming industry transformation awards. Together with Dr. Ralph Thomas, the duo co-founded Quick Custom Intelligence, amplifying their collaborative innovative capacities. A testament to his inventive prowess, Andrew boasts over 150 patent applications. Across various industries—be it telecommunications with Telstra Australia, retail with giants like Walmart and Best Buy, or the medical sector with esteemed institutions like City Of Hope and UCSD—Andrew’s impact is deeply felt. He has enriched the literature with insights, co-authoring eight influential books with Dr. Thomas and contributing to over 100 industry publications. An advocate for community and diversity, Andrew’s work has touched over 100 Native American Tribal Resorts, underscoring his expansive and inclusive professional endeavors.

    Contact:
    Laurel Kay, Quick Custom Intelligence
    Phone: 858-349-8354

    The MIL Network –

  • MIL-OSI: Lucas GC Limited Announces Closing of Follow-On Offering

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (“AI”) technology-driven Platform-as-a-Service (“PaaS”) company with proprietary technologies applied to the human resources and insurance industry verticals, today announced the closing of its “best efforts” follow-on offering (the “Offering”) of 32,150,000 ordinary shares, par value US$0.000005 per share, of the Company (the “Ordinary Shares”) at a public offering price of US$0.20 per share, for total gross proceeds of US$6,430,000 before deducting placement agent’s fee and offering expenses.

    AC Sunshine Securities LLC acted as the placement agent for the Offering.

    A registration statement related to the Offering has been filed with, and declared effective by, the United States Securities and Exchange Commission (“SEC”). This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    This offering was made only by means of a prospectus forming part of the effective registration statement. The final prospectus relating to the Offering was filed with the SEC and is available on the SEC’s website located at http://www.sec.gov. Copies of the final prospectus may be obtained from AC Sunshine Securities LLC, 200 E. Robinson Street Suite 295, Orlando, FL 32801.

    About Lucas GC Limited
    With 19 granted U.S. and Chinese patents and over 75 registered software copyrights in the AI, data analytics and blockchain technologies, Lucas GC Limited is an AI technology-driven PaaS company with over 780,320 agents working on its platform. Lucas’ technologies have been applied to the human resources and insurance industry verticals. For more information, please visit: https://www.lucasgc.com/.

    For Investor Inquiries and Media Contact:
    https://www.lucasgc.com/ 
    ir@lucasgc.com 
    T: 818-741-0923

    Forward-Looking Statements
    Certain statements in this press release 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. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure 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 in the Company’s registration statement and other filings with the SEC.

    The MIL Network –

  • MIL-OSI Video: Opening Session: Internet Governance Forum (IGF) 2025 | United Nations

    Source: United Nations (video statements)

    The 20th annual meeting of the Internet Governance Forum is hosted by the Government of the Norway in Lillestrøm from 23 to 27 June 2025. The Forum’s overarching theme is: Building Digital Governance Together.

    —

    The Internet Governance Forum (IGF) serves to bring people together from various stakeholder groups as equals, in discussions on public policy issues relating to the Internet. While there is no negotiated outcome, the IGF informs and inspires those with policy-making power in both the public and private sectors.

    https://www.youtube.com/watch?v=v2ShmsHeok8

    MIL OSI Video –

  • MIL-OSI: Liquidia Receives $50 Million from Healthcare Royalty (HCRx) Following First Commercial Sale of YUTREPIA™

    Source: GlobeNewswire (MIL-OSI)

    MORRISVILLE, N.C., June 23, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA), a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease, today announced the receipt of an additional $50.0 million under its sixth amendment to its financing agreement (HCR Agreement) with Healthcare Royalty (HCRx) upon the U.S. District Court for the Middle District of North Carolina denying United Therapeutics Corporation’s request for a preliminary injunction and temporary restraining order in its complaint filed against Liquidia and the first commercial sale of YUTREPIA™ (treprostinil) inhalation powder.

    Michael Kaseta, Liquidia’s Chief Financial Officer and Chief Operating Officer, said: “We are grateful for the continued partnership with HCRx and pleased with the early stages of YUTREPIA’s launch. The proceeds from HCRx will further accelerate our launch execution, advance our clinical pipeline, and support the expansion of future manufacturing operations, including the build-out of our newly leased manufacturing facility. Our early momentum and strong financial position reinforce our belief in Liquidia’s ability to achieve profitability without the need for additional capital.”

    Clarke Futch, Chairman and Chief Executive Officer of HCRx added: “Today’s news reflects an important milestone in Liquidia’s commercial execution of YUTREPIA and further strengthens our confidence in the company’s long-term vision. We are pleased to support Liquidia as it further advances the commercial launch of YUTREPIA and prepares to expand future manufacturing capabilities to meet growing market demand in the years ahead.”

    Under the terms of the HCR agreement, Liquidia has now received $175.0 million of the $200.0 million in total potential funding. An additional $25.0 million remains available upon the mutual agreement of the parties, if Liquidia achieves aggregate net sales of YUTREPIA in excess of $100.0 million at any time on or prior to June 30, 2026. The additional $50.0 million that HCRx funded is subject to a fixed payment schedule through 2033. Aggregate payments to HCRx are capped at 175% of the total amounts funded. A true-up payment may be required if HCRx’s internal rate of return falls below a minimum threshold on the date the cap is reached, which is 13% for this funding of $50.0 million.

    About Pulmonary Arterial Hypertension (PAH)
    Pulmonary arterial hypertension (PAH) is a rare, chronic, progressive disease caused by narrowing, thickening or stiffening of the pulmonary arteries that can lead to right heart failure and eventually death. Currently, an estimated 45,000 patients are diagnosed and treated in the United States. There is currently no cure for PAH, so the goals of existing treatments are to alleviate symptoms, maintain or improve functional class, delay disease progression, and improve quality of life.

    About Pulmonary Hypertension Associated with Interstitial Lung Disease (PH-ILD)
    Pulmonary hypertension (PH) associated with interstitial lung disease (ILD) includes a diverse collection of up to 200 different pulmonary diseases, including interstitial pulmonary fibrosis, chronic hypersensitivity pneumonitis, connective tissue disease-related ILD, and chronic pulmonary fibrosis with emphysema (CPFE) among others. Any level of PH in ILD patients is associated with poor 3-year survival. A current estimate of PH-ILD prevalence in the United States is greater than 60,000 patients, though population size in many of these underlying ILD diseases is not yet known due to factors including underdiagnosis and lack of approved treatments until March 2021, when inhaled treprostinil was first approved for this indication.

    About YUTREPIA™ (treprostinil) Inhalation Powder 
    YUTREPIA is an inhaled dry-powder formulation of treprostinil delivered through a convenient, low-effort, palm-sized device. YUTREPIA was designed using Liquidia’s PRINT® technology, which enables the development of drug particles that are precise and uniform in size, shape and composition, and that are engineered for enhanced deposition in the lung following oral inhalation. Liquidia has completed the INSPIRE trial (NCT03399604), or Investigation of the Safety and Pharmacology of Dry Powder Inhalation of Treprostinil, an open-label, multi-center phase 3 clinical study of YUTREPIA in patients diagnosed with PAH who are naïve to inhaled treprostinil or who are transitioning from Tyvaso® (nebulized treprostinil). YUTREPIA is currently being studied in the ASCENT trial (NCT06129240), or An Open-Label ProSpective MultiCENTer Study to Evaluate Safety and Tolerability of Dry Powder Inhaled Treprostinil in PH, with the objective of informing YUTREPIA’s dosing and tolerability profile in patients with PH-ILD. YUTREPIA was previously referred to as LIQ861 in investigational studies.

    INDICATION
    YUTREPIA (treprostinil) inhalation powder is a prostacyclin analog indicated for the treatment of:

    • Pulmonary arterial hypertension (PAH; WHO Group 1) to improve exercise ability. Studies establishing effectiveness predominately included patients with NYHA Functional Class III symptoms and etiologies of idiopathic or heritable PAH (56%) or PAH associated with connective tissue diseases (33%).
    • Pulmonary hypertension associated with interstitial lung disease (PH-ILD; WHO Group 3) to improve exercise ability. The study establishing effectiveness predominately included patients with etiologies of idiopathic interstitial pneumonia (IIP) (45%) inclusive of idiopathic pulmonary fibrosis (IPF), combined pulmonary fibrosis and emphysema (CPFE) (25%), and WHO Group 3 connective tissue disease (22%).

    SELECTED SAFETY INFORMATION: WARNINGS AND PRECAUTIONS 

    • Treprostinil is a pulmonary and systemic vasodilator. In patients with low systemic arterial pressure, treatment with Treprostinil may produce symptomatic hypotension.
    • Treprostinil inhibits platelet aggregation and increases the risk of bleeding.
    • Co-administration of a cytochrome P450 (CYP) 2C8 enzyme inhibitor (e.g., gemfibrozil) may increase exposure (both Cmax and AUC) to treprostinil. Co-administration of a CYP2C8 enzyme inducer (e.g., rifampin) may decrease exposure to treprostinil. Increased exposure is likely to increase adverse events associated with treprostinil administration, whereas decreased exposure is likely to reduce clinical effectiveness.
    • Like other inhaled prostaglandins, YUTREPIA may cause acute bronchospasm. Patients with asthma or chronic obstructive pulmonary disease (COPD), or other bronchial hyperreactivity, are at increased risk for bronchospasm. Ensure that such patients are treated optimally for reactive airway disease prior to and during treatment. 
    • Most common adverse reactions with YUTREPIA (≥10%) are cough, headache, throat irritation and dizziness.

    Prescribing Information and Instructions for Use for YUTREPIA (treprostinil) inhalation powder are available at YUTREPIA.com.

    About Liquidia Corporation
    Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT® Technology. PRINT enabled the creation of YUTREPIA™ (treprostinil) inhalation powder, a drug that has been approved for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PHILD). The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

    About HealthCare Royalty
    HealthCare Royalty is a leading royalty acquisition company focused on commercial or near-commercial biopharmaceutical products. With offices in Stamford, Conn., San Francisco, Boston, London and Miami. HCRx has invested $5+ billion in over 90 biopharmaceutical products since inception. For more information, visit https://www.hcrx.com. HEALTHCARE ROYALTY® and HCRx® are registered trademarks of HealthCare Royalty Management, LLC.

    Cautionary Statements Regarding Forward-Looking Statements
    This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical facts, including statements regarding our future results of operations and financial position, our strategic and financial initiatives, our business strategy and plans and our objectives for future operations, are forward-looking statements. Such forward-looking statements, including statements regarding clinical trials, clinical studies and other clinical work (including the funding therefor, anticipated patient enrollment, safety data, study data, trial outcomes, timing or associated costs), regulatory applications and related submission contents and timelines; our ability to successfully commercialize our products, including YUTREPIA, for which we obtain FDA or other regulatory authority approval; the acceptance by the market of our products, including YUTREPIA, and their potential pricing and/or reimbursement by third-party payors, if approved (in the case of our product candidates) and whether such acceptance is sufficient to support continued commercialization or development of our products; the successful development or commercialization of our products, including YUTREPIA; our revenue from product sales and whether or not we may become profitable in the near term, or at all; future competitive or other market factors that may adversely affect the commercial potential for YUTREPIA; and our ability to execute on our strategic or financial initiatives, involve significant risks and uncertainties and actual results could differ materially from those expressed or implied herein. Despite the approval of YUTREPIA by the FDA, it is possible that commercialization of YUTREPIA may be blocked or delayed in connection with legal proceedings that have been initiated or that may in the future be initiated, or we may be required to pay damages, including royalties, in connection with our commercial launch, as a result of these legal proceedings. We may be unable to achieve the net sales milestone necessary to receive additional funding under the HCRx agreement and, even if we do achieve the net sales milestone, additional funding is contingent upon the agreement of both HCRx and us. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “would,” and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks discussed in our filings with the SEC, as well as a number of uncertainties and assumptions. Moreover, we operate in a very competitive and rapidly changing environment and our industry has inherent risks. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that these goals will be achieved, and we undertake no duty to update our goals or to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

    Tyvaso® is a registered trademark of United Therapeutics Corporation.

    Contact Information

    Investors:
    Jason Adair
    Chief Business Officer
    919.328.4350
    Jason.adair@liquidia.com

    Media:
    Patrick Wallace
    Director, Corporate Communications
    919.328.4383
    patrick.wallace@liquidia.com

    The MIL Network –

  • MIL-OSI: Service CU Launches Service Ventures to Drive Innovation in the Credit Union Ecosystem

    Source: GlobeNewswire (MIL-OSI)

    PORTSMOUTH, N.H., June 23, 2025 (GLOBE NEWSWIRE) — Service Ventures, an independent investment arm of Service Credit Union, has officially launched to allow the credit union to drive its mission of improving members’ financial well-being while also helping their experience.

    Service Ventures invests in solutions that empower credit unions to deliver exceptional member experiences. The firm seeks partnerships with startups that share a commitment to enhancing service, accessibility, and operational excellence across the credit union landscape.

    In its early stage, Service Ventures has already made strategic investments in several innovative companies, including member engagement platform Larky, deposit management solution Modern FI CUSO, conversational AI assistant Posh AI, and wealth technology company WealthCabinet. More information on each of these companies can be found at service.vc/portfolio.

    Service Ventures is led by General Partner Brian Regan. Before joining Service Ventures in 2024, Brian co-founded Strake, a cloud optimization company. Prior to that, Brian worked for VMWare’s Security Business Unit, where he focused on mergers and acquisitions, partnerships, and business planning initiatives.

    “Service Ventures will fuel the next generation of companies that help credit unions better serve their members,” Regan said. “We’re focused on ethical, member-first solutions and are excited to bring visionary founders into the fold of opportunity within the cooperative banking space.”

    About Service Ventures

    Service Ventures is the independent venture capital arm of Service Credit Union, a $6+ billion financial institution serving more than 350,000 members worldwide. Service Ventures invests in innovative financial technology companies that align with the credit union philosophy of people helping people and fosters partnerships that drive meaningful impact across the financial services landscape.

    About Service Credit Union

    Service Credit Union is dedicated to providing a banking experience that improves our members’ lives and the communities in which they live. Established in 1957 to provide affordable credit to the Pease Air Force Base community, and now the largest credit union in New Hampshire, with over $6 billion in assets and 50 branch locations in the New England Region and Germany, we continue to provide a better future to our members all over the world. To learn more about Service Credit Union, please visit www.servicecu.org.

    Contact:
    Chris Banker
    cbanker@servicecu.org (603) 923-0904

    The MIL Network –

  • MIL-OSI Global: Presidents of both parties have launched military action without Congress declaring war − Trump’s bombing of Iran is just the latest

    Source: The Conversation – USA – By Sarah Burns, Associate Professor of Political Science, Rochester Institute of Technology

    President Donald Trump is seen on a monitor in the White House press briefing room on June 21, 2025, after the U.S. military strike on three sites in Iran. AP Photo/Alex Brandon

    In the wake of the U.S. strikes on Iranian nuclear facilities on June 22, 2025, many congressional Democrats and a few Republicans have objected to President Donald Trump’s failure to seek congressional approval before conducting military operations.

    They note that Article 1 of the U.S. Constitution gives Congress the power to declare war and say that section required Trump to seek prior authorization for military action.

    The Trump administration disagrees. “This is not a war against Iran,” Secretary of State Marco Rubio told Fox News host Maria Bartiromo, implying that the action did not require approval by Congress. That’s the same view held by most modern presidents and their lawyers in the Office of Legal Counsel: Article 2 of the Constitution allows the president to use the military in certain situations without prior approval from Congress.

    By this reading of the text, presidents, as commander in chief, claim the power to unilaterally order the military to initiate small-scale operations for a short duration. Members of Congress may object to that claim, but they have done little to limit presidents’ unilateralism. What little they have done has not been effective.

    As I’ve demonstrated in my research, even though the 1973 War Powers Resolution attempted to constrain presidential power after the disasters of the Vietnam War, it contains many loopholes that presidents have exploited to act unilaterally. For example, it allows presidents to engage in military operations without congressional approval for up to 90 days. And more recent congressional resolutions have broadened executive control even further.

    President Franklin D. Roosevelt signs the U.S. declaration of war against Japan on Dec. 8, 1941.
    U.S. National Archives

    A long tradition of executive authority

    Presidents can even overcome the loopholes in the War Powers Resolution if the operation lasts longer than 90 days. In 2011, a State Department lawyer argued that airstrikes in Libya could continue beyond the War Powers Resolution’s 90-day time limit because there were no ground troops involved. By that logic, any future president could carry out an indefinite bombing campaign with no congressional oversight.

    While every president has bristled at congressional restraints on their actions, presidents since Franklin D. Roosevelt have successfully circumvented them by citing vague concerns like “national security,” “regional security” or the need to “prevent a humanitarian disaster” when launching military operations. While members of Congress always take issue with these actions, they never hold presidents accountable by passing legislation restraining him.

    President Trump’s decision to bomb Iranian nuclear sites without consulting Congress falls in line with precedent from both Democratic and Republican leaders for decades.

    Much like his predecessors, Trump did not, and likely will not, provide Congress with more concrete information about the legality of his actions. Nor are congressional lawmakers effectively holding him accountable.

    The push-and-pull between Congress and the president over military operations dates back to the 1941 Pearl Harbor attack, which led Congress to declare war on Japan. Before then, Congress had prevented the U.S. from joining World War II by enforcing an arms embargo and refusing to help the Allies prior to the attack on Hawaii. But afterward, Congress began allowing the president to take more control over the military.

    During the Cold War, rather than returning to a balanced debate between the branches, Congress continued to relinquish those powers.

    Congress never authorized the war in Korea; Harry Truman used a U.N. Security Council resolution as legal justification. Congress’ vote explicitly opposing the invasion of Cambodia didn’t stop Richard Nixon from doing it anyway. Even after the Cold War, Bill Clinton regularly acted unilaterally to address humanitarian crises or the continued threat from leaders like Saddam Hussein. He sent the military to Somalia, Haiti, Bosnia and Kosovo, among other places.

    After 9/11, Congress quickly gave up more of its power. A week after those attacks, Congress passed a sweeping Authorization for Use of Military Force, giving the president permission to “use all necessary and appropriate force against those nations, organizations, or persons he determines planned, authorized, committed, or aided the terrorist attacks that occurred on September 11, 2001.”

    In a follow-up 2002 authorization, Congress went even further, allowing the president to “use the Armed Forces … as he determines to be necessary and appropriate in order to defend national security … against the continuing threat posed by Iraq.” This approach provides few, if any, congressional checks on the control of military affairs exercised by the president.

    In the two decades since those authorizations, four presidents have used them to justify all manner of military action, from targeted killings of terrorists to the years long fight against the Islamic State group.

    Congress regularly discusses terminating those authorizations, but has yet to do so. If Congress did, the loopholes in the original War Powers Resolution would still exist.

    While President Biden claimed he supported the repeal of the authorizations, and supported more congressional oversight of military actions, Trump has made no such claims. Instead, he has claimed even more sweeping authority to act without any permission from Congress.

    As recently as 2024, Biden used the 2002 authorization as a legal rationale for the targeted killing of Iranian-backed militiamen in Iraq, a strike condemned by Iraqi leaders.

    Those actions may have ruffled congressional feathers, but they were in keeping with a long U.S. tradition of targeting members of terrorist groups and protecting members of the military serving in a conflict zone.

    Demonstrators outside the U.S. Capitol in January 2020 call on Congress to limit the president’s powers to use the military.
    AP Photo/Jose Luis Magana

    Threats of war

    During his first presidential term in 2020, Trump ordered a lethal drone strike against a respected member of the Iranian government, Major General Qassim Soleimani, the head of Iran’s equivalent of the CIA, without consulting Congress or publicly providing proof of why the attack was necessary, even to this day.

    Tensions – and fears of war – spiked but then slowly faded when Iran responded with missile attacks on two U.S. bases in Iraq.

    Now, the U.S. attacks on Iranian nuclear sites have revived both fears of war and renewed questions about the president’s authority to unilaterally engage in military action. Presidents since the 1970s, however, have effectively managed to dodge definitive answers to those questions – demonstrating both the power inherent in their position and the unwillingness among members of the legislative branch to reclaim their coequal status.

    This article is an updated version of a story published on Jan. 24, 2024.

    Sarah Burns does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Presidents of both parties have launched military action without Congress declaring war − Trump’s bombing of Iran is just the latest – https://theconversation.com/presidents-of-both-parties-have-launched-military-action-without-congress-declaring-war-trumps-bombing-of-iran-is-just-the-latest-259636

    MIL OSI – Global Reports –

  • MIL-OSI Africa: Kinshasa: Youth Commit to Peace and the Fight Against Disinformation


    Download logo

    Around one hundred young people, including thirty-seven women from Kinshasa’s four districts, took part on 14 June in a series of activities aimed at promoting peace, security, and tackling disinformation. The initiative was supported by MONUSCO’s Civil Affairs Section, in partnership with the National Technical Secretariat for Resolution 2250 and civil society.

    This gathering marked the conclusion of a process launched in 2022 to implement UN Security Council Resolution 2250, which recognizes the essential contribution of youth to peacebuilding.

    “This initiative followed a call from the Special Representative of the Secretary-General, Ms. Bintou Keita, who encouraged all MONUSCO sections to intensify efforts around Resolution 2250.” explained Phil Wani, Civil Affairs Officer.

    Discussions focused on the link between economic empowerment and peace. Job creation was highlighted as key to preventing youth from joining armed groups. “We introduced a coaching component to provide participants with practical skills to develop sustainable projects, some of the proposals are already ready for funding.” Wani added.

    The National Technical Secretariat emphasized the importance of proximity-based and inclusive approaches. “Beyond technical guidance, we ensured coordination, the aim is to enable genuine and inclusive youth participation in the resolution’s implementation.” said Anna Jacquie, national coordinator.

    Participants expressed appreciation for being heard on an issue where youth perspectives are often overlooked. “As a young person, I felt heard, there’s support and follow-up, which motivates me, too often, youth are unfairly associated with misconduct.” shared Acacia.

    Artists were also inspired. “We were shown how to verify online information, it made me want to launch awareness projects in my community.” said musician and writer Antonio Lufyaulusu.

    This initiative reflects MONUSCO’s commitment to strengthening the role of young people in peace efforts in the DRC by highlighting their ideas and encouraging long-term engagement.

    Distributed by APO Group on behalf of Mission de l’Organisation des Nations unies en République démocratique du Congo (MONUSCO).

    MIL OSI Africa –

  • MIL-OSI: iBio Presents Next-Generation Obesity and Cardiometabolic Pipeline Candidates on June 24 Conference Call

    Source: GlobeNewswire (MIL-OSI)

    Review of promising Myostatin and Activin E antibody data

    iBio to announce 3rdtarget in Astral Bio Collaboration

    Conference call Tuesday, June 24 at 8:30 a.m. ET

    SAN DIEGO, June 23, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq: IBIO), an AI-driven innovator of precision antibody therapies, today announced the Company will host a conference call on Tuesday, June 24, at 8:30 a.m. ET to review its latest advances in obesity and cardiometabolic disease treatments and announce a third target in the AstralBio Collaboration in addition to Myostatin and Activin E.

    Martin Brenner, DVM, Ph.D., iBio’s CEO and Chief Scientific Officer, will outline how iBio is pioneering the next generation of antibody medicines—targeted, longer-lasting, and potentially better tolerated therapies with more sustainable efficacy. Dr. Brenner will present a strategic overview of the obesity strategy, including details on their long acting Myostatin, IBIO-600, new preclinical data on Activin E and, more safe and effective treatment options.

    The webcast of the live call may be accessed on the Investors section of the iBio website at ir.ibioinc.com/news-events/ir-calendar. A replay of the webcast will be available on the iBio website for approximately 60 days following the presentation.

    To join the live call, participants need to access this link for dial-in numbers and a unique participation code.

    About iBio, Inc.

    iBio (Nasdaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine. For more information, visit www.ibioinc.com or follow us on LinkedIn.

    Forward-Looking Statements

    Any statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include statements regarding pioneering the next generation of antibody medicines, which are potentially better tolerated therapies with more sustainable efficacy, and Activin E and amylin agonist, which are promising pathways for more safe and effective treatment options. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including iBio’s ability to obtain regulatory approvals for commercialization of its product candidates, or to comply with ongoing regulatory requirements; regulatory limitations relating to iBio’s ability to promote or commercialize its product candidates for specific indications; acceptance of iBio’s product candidates in the marketplace and the successful development, marketing or sale of products; and whether iBio will incur unforeseen expenses or liabilities or other market factors; and the other factors discussed in iBio’s filings with the SEC including its Annual Report on Form 10-K for the year ended June 30, 2024 and its subsequent filings with the SEC on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and iBio undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Corporate Contact: 
    iBio, Inc. 
    Investor Relations 
    ir@ibioinc.com

    Media Contacts: 
    Ignacio Guerrero-Ros, Ph.D., or David Schull 
    Russo Partners, LLC 
    Ignacio.guerrero-ros@russopartnersllc.com 
    David.schull@russopartnersllc.com 
    (858) 717-2310 or (646) 942-5604

    The MIL Network –

  • MIL-Evening Report: Work, wages and apprenticeships: sifting for clues about the lives of girls in ancient Egypt

    Source: The Conversation (Au and NZ) – By Julia Hamilton, Lecturer in History and Archaeology, Macquarie University

    Weavers in the Tomb of Khnumhotep II, Beni Hassan, Egypt. Painted by Norman de Garis Davies (MMA 33.8.16)

    We know surprisingly little about the lives of children in ancient Egypt.

    And what records we do have about them often concern the lives of the elite – the young king or the children of senior officials. They are more prominent in surviving material evidence, especially funerary art. Infant mortality rates were high in ancient Egypt.

    As a result, much of the work in Egyptology on representations of childhood in ancient Egypt is dominated by evidence for the lives of boys and young adult men.

    But what were the lives of ordinary girls like in ancient Egypt? And how did they make their way in a deeply patriarchal culture?

    Finding hieroglyphic words for girls

    An initial problem in studying girls’ lives in ancient Egypt is answering the question: who was a girl in ancient Egypt?

    Chronological age was not always recorded by ancient Egyptians in their letters or inscriptions.

    Instead, more general words and hieroglyphic signs tended to accompany images of men, women and children to indicate their social roles.

    A woman is shown nursing a child while another woman is dressing her hair.
    Metropolitan Museum of Art, New York (22.2.35)

    These words and signs were only loosely associated with biological development.

    Hieroglyphic words for infants and small children, for instance, could be marked with an image of a small, seated child – sometimes with a finger held to its mouth.

    Among the words used to describe young girls – talking, walking, and participating alongside adults in their work – was sheriyt.

    This is the word often found in ancient accounting documents recording payments of wages, indicating a girl-child worker. They are distinguished from older women in these documents, although it is difficult to know precisely how young they might have been.

    In this way, written administrative records and archaeological evidence reveals girls of many social classes were integrated into economic production from an early age.

    Payment for work

    Elephantine, a town at Egypt’s southern frontier near modern-day Aswan, provides a unique window into the urban life of some girls who worked in textile workshops during the ancient Egyptian Middle Kingdom, which dates approximately 2030–1650 BCE.

    First published in 1996, archaeologists found a ceramic bowl repurposed as a writing surface in a house in the densely packed urban settlement.

    The excavators initially dated the bowl to the reign of King Amenemhat III, who ruled almost 3,800 years ago. However, based on the style of writing and the types of names listed, some scholars have also dated it earlier. It contains lists of payments of provisions of grain for textile workers over the course of a month.

    What makes this document so important is that it names at least 18 child workers. Of these, 11 are girls, clearly marked with the Egyptian word sheriyt, working alongside 28 adult women.

    The list shows adult women in this workshop received between 50–57 heqat (around 240–274 litres) of grain – although it’s not entirely clear if this was a one-off payment, a payment per month, or something else. The girls earned smaller but still significant wages of 3–7 heqat (around 14–34 litres).

    Some other adult women seem to have also received comparable provisions to the girls, although without further information it is difficult know their social status or age.

    This document not only confirms that girls received payment for their labour. It also suggests a structured apprenticeship system where young girls (and boys) worked alongside experienced craftswomen.

    This corroborates evidence from visual art of textile workshops from the same period.

    Weavers in the Tomb of Khnumhotep II, Beni Hassan, Egypt. Painted at the tomb in 1931 by Norman de Garis Davies.
    Metropolitan Museum of Art, New York (33.8.16)

    Work life, home life

    Archaeological evidence suggests textile production occurred both within homes and in dedicated workshops.

    Evidence from the excavations at Elephantine suggests homes had several rooms with multiple purposes, including courtyards, entrance vestibules, kitchens with ovens (recognisable by blackened walls and ash deposits), and possible stairs leading to roof spaces.

    Privacy would have been limited. Daily life would have included close interaction with animals, as evidenced by attached animal pens.

    More recently, close to the house where the provision list was discovered, archaeologists found needles, spindles, shuttles, and remains of pegs for a large loom.

    These were found both inside houses and in the courtyards attached to them.

    It’s hard to know what exactly these buildings were for; they probably served multiple purposes.

    Lives shaped by class and legal status

    Not all girls at Elephantine had the same experience of life. The town’s position at Egypt’s southern frontier in this period meant it was home to diverse populations, which included migrants, enslaved people and transitory workers.

    A letter dating to the reign of King Amenemhat III documents some families, including women and children, arriving at Elephantine seeking work during a famine in their home region.

    This ancient letter mentions families, including women and children, looking for work.
    © The Trustees of the British Museum. Shared under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) licence, CC BY-NC-SA

    This evidence can be compared to a legal document from the same time period but from another Egyptian town, El Lahun. This document mentions the purchase and transfer of enslaved women and infants who are called Aamut, referring to a region in West Asia. The document shows they have been given new Egyptian names.

    These documents remind us factors such as class and legal status have always profoundly shaped girls’ lives.

    Valuing the work of girls

    Accessing the everyday thoughts, feelings, and perspectives of many ancient people, especially children, is challenging for historians. We don’t, for instance, have a wealth of personal diaries from ancient Egypt to learn about girls’ interior lives.

    But what’s clear is that girls were not merely passive participants in society. They were active economic contributors, who often received formal compensation for their work.

    Historians must always look beyond elite contexts to incorporate diverse evidence types – administrative documents, archaeological remains, and artistic representations – to construct a more complete picture of ancient lives.

    Julia Hamilton does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Work, wages and apprenticeships: sifting for clues about the lives of girls in ancient Egypt – https://theconversation.com/work-wages-and-apprenticeships-sifting-for-clues-about-the-lives-of-girls-in-ancient-egypt-249581

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: More women are using medical cannabis – but new research shows barriers push some into illegal markets

    Source: The Conversation (Au and NZ) – By Vinuli Withanarachchie, PhD candidate, College of Health, Te Kunenga ki Pūrehuroa – Massey University

    Getty Images

    The number of women using medicinal cannabis is growing in New Zealand and overseas. They use cannabis treatment for general conditions such as pain, anxiety, inflammation and nausea, as well as gynaecological conditions, including endometriosis, pelvic floor conditions, and menopause.

    However, their experiences with medicinal cannabis remain under-explored in research and overlooked in policy and regulation. As our work shows, they face several gender-specific barriers to accessing medicinal cannabis. Some of these hurdles lead women to seeking cannabis from illegal markets.

    New Zealand introduced the medicinal cannabis scheme five years ago to enable access to legal, safe and quality-controlled cannabis products for any condition a doctor would deem suitable for a prescription.

    A recent analysis found the number of medicinal cannabis products dispensed has increased more than 14-fold since 2020, with more than 160,000 prescriptions administered during 2023/2024.

    In the first two years of the scheme, women were the primary recipients of medicinal cannabis prescriptions. Between 2022 and 2023, the number of prescriptions issued to female patients doubled to 47,633.

    Our findings from a large-scale national survey show that although women perceive physicians as supportive of prescribing medicinal cannabis, they were less likely to have prescriptions than men. This is similar to findings from Australia.

    Potential reasons include the cost of visiting health professionals, unpaid care-giving duties, lower workforce participation and a pay disparity – all creating barriers to accessing health services.

    Women were also more likely not to disclose their medicinal cannabis use to others, citing it would be less accepted by society because of their gender.

    Gendered risks in illegal cannabis markets

    Our latest study aligned with Australia in finding that women often seek cannabis from illegal sources because of perceived lower prices. Many could not financially sustain accessing legal prescriptions because medicinal cannabis is not funded by New Zealand’s drug-buying agency Pharmac.

    Study participants discussed the health risks of accessing illegal cannabis such as consuming products without knowing how strong they are or whether they have been contaminated with harmful substances.

    They also characterised illegal cannabis markets as unsafe and intimidating for women, with little legal protection and the presence of predatory male sellers. Some even described gender-specific experiences of physical assault, intimidation and sexual harassment, particularly when cannabis buying occurred in drug houses or locations controlled by the seller.

    Women accessing medicinal cannabis in illegal markets increasingly relied on female suppliers, viewing them as safer and more reliable. Some also helped connect others to these suppliers and used social media to warn other women of unsafe male suppliers. This created informal women-led support networks for access.

    Accessing legal prescriptions

    Women increasingly use cannabis clinics to access pain treatments.
    Getty Images

    One of our recent studies found many women begin their journeys with medicinal cannabis online via social media, often leading them to cannabis clinics with a strong digital presence. Women are now a growing demographic for specialised medicinal cannabis clinics in New Zealand and in other countries.

    Cannabis clinics have a reputation among medicinal cannabis consumers for being more knowledgeable and positive about treatments than general practitioners and other health providers. Women have been encouraged by positive online testimonies from other women using cannabis treatments for gynaecological and other conditions.

    Female medicinal cannabis patients also described the financial burden of accessing a prescription, including consultation fees and the costs of products as barriers to access.

    Their relationships with their GPs strongly influenced their decision to seek a prescription. Those with prior experiences of having their pain underestimated or misdiagnosed in mainstream care were more likely to source legal medicinal cannabis from cannabis clinics.

    Policy and practice

    The current scientific evidence for using medicinal cannabis for gynaecological conditions is still emerging. Clinical trials are under way in Australia to evaluate cannabis treatment for endometriosis and period pain.

    Women’s reliance on online sources and personal recommendations to learn about medicinal cannabis highlights a gap in public awareness and government education about the legal prescription scheme. Hesitance to discuss and recommend cannabis treatment among GPs also persists as a barrier to access.

    Online peer networks on social media platforms are promoting women’s agency and informing their decision making around medicinal cannabis, but also raise the risks of misinformation.

    Although marketing of medicinal cannabis to women may improve their engagement with the prescription scheme, it may also put them in a vulnerable position where they are encouraged to pursue expensive treatment options which may not be effective.

    The collective findings from our studies indicate complex financial, social and systemic factors affecting safe and equitable access to medicinal cannabis for women. To improve women’s engagement with New Zealand’s medicinal cannabis scheme, we suggest GPs should have informed and non-stigmatising discussions with female patients to explore when medicinal cannabis might be an appropriate treatment option.

    Better access to good official consumer information about medicinal cannabis and greater investment in clinical trials for gynaecological conditions would also improve and support women’s decision making about their health.

    Vinuli Withanarachchie receives funding from the Health Research Council for research on cannabis policy reform.

    Chris Wilkins receives funding from the Health Research Council for studies on cannabis policy and vaping.

    Marta Rychert receives funding for cannabis research from the Royal Society of NZ and the Health Research Council.

    – ref. More women are using medical cannabis – but new research shows barriers push some into illegal markets – https://theconversation.com/more-women-are-using-medical-cannabis-but-new-research-shows-barriers-push-some-into-illegal-markets-258797

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Is It Time for XRP? PFMCrypto Unveils First-Ever XRP Cloud Mining Contracts with Daily Payouts — A New XRP Era Begins

    Source: GlobeNewswire (MIL-OSI)

    Farington, England, June 23, 2025 (GLOBE NEWSWIRE) — A breakthrough in XRP mining is finally here—PFMCrypto unveils a cloud-based, daily-profit model that could redefine passive income in the XRP ecosystem.

    As the digital asset market awaits XRP’s next big move, PFMCrypto has taken a major leap forward by launching its revolutionary XRP cloud mining contracts—an innovative model that brings daily profits to users without requiring any hardware or technical skills. This move has already sparked significant excitement among crypto investors and XRP enthusiasts worldwide.

    For months, XRP has been consolidating within a tight price band, leading many to believe that a breakout is on the horizon. In this context, PFMCrypto’s XRP Mining Contracts offering not only provides a new income stream but also strengthens confidence in XRP’s long-term utility and value.

    XRP Mining Reimagined: Cloud Mining Contracts Designed Specifically for XRP Holders

    Visit the official site: https://pfmcrypto.net 

    XRP’s unique consensus protocol makes traditional proof-of-work (PoW) mining impossible. To address this, PFMCrypto has introduced a simulated mining model—designed specifically for XRP—that rewards users based on smart contract participation, mimicking the earning dynamics of conventional mining.

    The platform offers access to eco-friendly, high-performance mining infrastructure through remote contracts. In addition to XRP, users can mine DOGE, BTC, ETH, BCH, LTC, and SOL, making it a diverse and user-friendly passive income solution.

    “This isn’t just a mining product—it’s a new way to be part of the XRP network,” said PFMCrypto’s CTO. “Our contracts provide real value, real rewards, and real impact—backed by smart-yield technology aligned with XRP’s architecture.”

    Key Features of the PFMCrypto XRP Cloud Mining Contracts

    –  No Hardware Required: Accessible to all users without mining equipment or technical setup

    –  Daily Payouts: Earn mining rewards daily based on your contract participation

    –  Secure Custody: Assets are protected with PFMCrypto’s industry-grade security standards

    –  Flexible Contract Terms: Choose short-, mid-, or long-term options to match your investment strategy

    Custom Plans for Every Investor

    With over 10 contract types, PFMCrypto empowers users to choose plans that align with their goals and budgets. Here are some popular options:

    $10 Plan – 1-Day Term – Earn $0.60

    $100 Plan – 2-Day Term – Earn $3.00/day + $2 bonus

    $1,000 Plan – 9-Day Term – Earn $13.10/day

    $5,000 Plan – 30-Day Term – Earn $78.50/day

    Whether you’re a casual XRP holder or a serious investor, these flexible plans offer a way to earn consistent returns even during market sideways movement.

    Click here to explore all mining contracts.

    Rising Participation Signals Market Confidence

    In June 2025, PFMCrypto reported a surge in user activity, with tens of thousands of new wallets registered during the early access phase. All new users receive a $10 welcome bonus, and daily login rewards add even more earning potential. Analysts view this rapid adoption as a bullish signal for XRP and a sign of growing user demand for income-generating tools in the crypto space.

    What Makes PFMCrypto’s XRP Contracts Unique?

    –  100% Remote Access: No hardware, no technical skills—just log in and activate your plan.

    –  Capital Protection: Contracts guarantee full principal return at maturity.

    –  AI-Driven Profitability: Smart optimization ensures returns even during price stagnation.

    –  Daily Rewards: Predictable XRP payouts improve cash flow and reduce volatility risks.

    How to start mining XRP on PFMCrypto in minutes

    1. Sign Up – Instantly receive a $10 bonus + $0.66 daily login rewards
    2. Activate a Contract – Choose a plan that fits your goals
    3. Start Earning – Watch your XRP balance grow every day

    A smarter way to hold XRP: Get Paid During Market Consolidation

    Founded in 2018, PFMCrypto is a trusted name in the world of cloud-based digital asset mining. With a focus on accessibility, sustainability, and profitability, the platform has helped users across 100+ countries earn passive income from assets like XRP, BTC, BCH, DOGE, LTC, and SOL—all without the high cost of hardware or technical headaches.

    Don’t wait for the next XRP rally—start earning now.

    Begin your XRP mining journey today at: https://pfmcrypto.net 

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: Eureka Acquisition Corp Announces Postponement of the Extraordinary General Meeting to June 30, 2025 and Extension of Redemption Request Deadline

    Source: GlobeNewswire (MIL-OSI)

    New York, June 23, 2025 (GLOBE NEWSWIRE) —  Eureka Acquisition Corp (the “Company”) (Nasdaq: EURK), a blank check company, today announced that its previously announced extraordinary general meeting in lieu of an annual general meeting of shareholders (the “Extraordinary General Meeting”) will be postponed from 9:00 a.m. Eastern Time on June 25, 2025 to 9:00 a.m. Eastern Time on June 30, 2025 (the “Postponement”) to allow the Company additional time to engage with shareholders.

    The Extraordinary General Meeting is to be held for the purpose of considering and voting on, among other proposals, a proposal to amend the Company’s current charter to provide that the Company has until July 3, 2025 to complete a business combination and may elect to extend up to twelve times, each by a one-month extension, for a total of up to twelve months to July 3, 2026.

    The record date for determining the Company shareholders entitled to receive notice of and to vote at the Extraordinary General Meeting remains the close of business on May 23, 2025 (the “Record Date”). Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not to take any action. Shareholders who have not yet done so are encouraged to vote as soon as possible.

    As a result of the Postponement, the previously disclosed deadline of June 23, 2025 (two business days before the Extraordinary General Meeting, as originally scheduled) for delivery of redemption requests from the Company’s shareholders to the Company’s transfer agent has been extended to June 26, 2025 (two business days before the postponed Extraordinary General Meeting). Shareholders who wish to withdraw their previously submitted redemption request may do so prior to the postponed Extraordinary General Meeting by requesting that the Company’s transfer agent return such shares by 5:00 p.m. Eastern Time on June 26, 2025.

    There is no change to the location, the record date, or any of the other proposals to be acted upon at the Extraordinary General Meeting.

    If you have questions regarding the certification of your position or delivery of your shares, please contact:

    Continental Stock Transfer & Trust Company
    1 State Street 30th Floor
    New York, NY 10004-1561
    E-mail: spacredemptions@continentalstock.com

    The Company’s shareholders who have questions regarding the Postponement, the Extraordinary General Meeting, or would like to request documents may contact the Company’s proxy solicitor, Advantage Proxy, Inc., at (877) 870-8565, or banks and brokers can call (206) 870-8565, or by email at ksmith@advantageproxy.com.

    About Eureka Acquisition Corp

    Eureka Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Extraordinary General Meeting and the redemption request deadline. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

    Additional Information and Where to Find It

    On June 3, 2025, the Company filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its solicitation of proxies for the Extraordinary General Meeting. The Company will amend and supplement the definitive proxy statement to provide information about the Postponement and the redemption request deadline. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov or by contacting the Company’s proxy solicitor.

    Participants in the Solicitation

    The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Extraordinary General Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.

    Contact Information:
    Fen Zhang
    Chairman and Chief Executive Officer
    Email: eric.zhang@hercules.global
    Tel: +86 135 0189 0555

    The MIL Network –