BOISE, Idaho, June 10, 2025 (GLOBE NEWSWIRE) — The importance of high-performance memory has never been greater, fueled by its crucial role in supporting the growing demands of AI training and inference workloads in data centers. Micron Technology, Inc. (Nasdaq: MU), today announced the shipment of HBM4 36GB 12-high samples to multiple key customers. This milestone extends Micron’s leadership in memory performance and power efficiency for AI applications. Built on its well-established 1ß (1-beta) DRAM process, proven 12-high advanced packaging technology and highly capable memory built-in self-test (MBIST) feature, Micron HBM4 provides seamless integration for customers and partners developing next-generation AI platforms.
A leap forward As use of generative AI continues to grow, the ability to effectively manage inference becomes more important. Micron HBM4 features a 2048-bit interface, achieving speeds greater than 2.0 TB/s per memory stack and more than 60% better performance over the previous generation.1 This expanded interface facilitates rapid communication and a high-throughput design that accelerates the inference performance of large language models and chain-of-thought reasoning systems. Simply put, HBM4 will help AI accelerators respond faster and reason more effectively.
Additionally, Micron HBM4 features over 20% better power efficiency compared to Micron’s previous-generation HBM3E products, which first established new, unrivaled benchmarks in HBM power efficiency in the industry.2 This improvement provides maximum throughput with the lowest power consumption to maximize data center efficiency.2
Generative AI use cases continue to multiply, and this transformative technology is poised to deliver significant benefits to society. HBM4 is a crucial enabler, driving quicker insights and discoveries that will foster innovation in diverse fields such as healthcare, finance and transportation.
“Micron HBM4’s performance, higher bandwidth and industry-leading power efficiency are a testament to our memory technology and product leadership,” said Raj Narasimhan, senior vice president and general manager of Micron’s Cloud Memory Business Unit. “Building on the remarkable milestones achieved with our HBM3E deployment, we continue to drive innovation with HBM4 and our robust portfolio of AI memory and storage solutions. Our HBM4 production milestones are aligned with our customers’ next-generation AI platform readiness to ensure seamless integration and volume ramp.”
Intelligence Accelerated: Micron’s role in the AI revolution For nearly five decades, Micron has pushed the boundaries of memory and storage innovation. Today, Micron continues to accelerate AI by delivering a broad portfolio of solutions that turn data into intelligence, fueling breakthroughs from the data center to the edge. With HBM4, Micron reinforces its position as a critical catalyst for AI innovation and a reliable partner for our customers’ most demanding solutions.
Micron plans to ramp HBM4 in calendar year 2026, aligned to the ramp of customers’ next-generation AI platforms. For more information on Micron HBM4, visit https://www.micron.com/products/memory/hbm.
Additional resources:
About Micron Technology, Inc. Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.
LOS ALTOS, Calif., June 10, 2025 (GLOBE NEWSWIRE) — Descope, the drag & drop external IAM platform, proudly announces its recognition on the Redpoint InfraRed 100 for the second time. This prestigious list highlights the 100 up-and-coming private companies in Cloud Infrastructure, showcasing the future leaders set to revolutionize the market.
Redpoint Ventures, a top-tier venture capital firm with a diverse portfolio including companies such as Snowflake, Twilio, Looker, Nextdoor, Ramp, Stripe, Nubank, HashiCorp, Netflix, Hims, and more, launched this list in 2023 to showcase the exceptional builders in the industry who are creating industry-transforming companies. Descope was also named to this inaugural InfraRed 100 list.
To commemorate this achievement, the Descope team will join Redpoint at Nasdaq with other InfraRed 100 leaders to discuss the evolving landscape of cloud infrastructure.
“Being included in the InfraRed 100 list again is a great honor, especially alongside such a distinguished group of cloud infrastructure companies. We founded Descope on our belief in a passwordless future and our belief that cloud infrastructure will drive the future of tech and be a foundation for many years to come. We extend our gratitude to Redpoint for this recognition and congratulate all the companies on the list!” said Slavik Markovich, Co-Founder and CEO of Descope.
Descope launched from stealth in February 2023 with $53M in seed funding and a developer-oriented authentication platform. The product has since grown to a complete external IAM platform while retaining its developer focus. Descope helps hundreds of organizations like GoFundMe, Databricks, GoodRx, Navan, and You.com create secure and frictionless identity journeys for their end users, business customers, partners, APIs, and AI agents.
The company was also recently named to the Rising in Cyber list for the second year in a row, and was also recognized as a SINET16 Innovator in 2024.
For the complete list of companies included on this year’s InfraRed 100 list and to read the full InfraRed industry report, click here.
About Descope
Descope is a drag & drop platform to help organizations manage all their external identities. Our no / low code external IAM solution helps organizations create, modify, and secure authentication and authorization journeys for end users, business customers, partner applications, and APIs / AI agents. Hundreds of businesses use Descope to improve customer experience, prevent account takeover, and get a 360 view of their customer and machine identities.
About Redpoint Ventures Redpoint has partnered with visionary founders to create new markets and redefine existing ones since 1999. We invest in startups across the seed, early and growth phases, and we’re proud to have backed over 615 companies—including Snowflake, Looker, Kustomer, Twilio, 2U, DraftKings, Duo Security, HashiCorp, Stripe, Guild, HomeAway, Heroku, Netflix, and Sonos—with 183 IPOs and M+A exits. Redpoint manages $8.0 billion across multiple funds. For more information visit: http://www.redpoint.com/
Media Contact
Erica Anderson Offleash for Descope descope@offleashpr.com
New York City, June 10, 2025 (GLOBE NEWSWIRE) — How do you know which casino sites are safe, trustworthy, and right for you? That’s where All iGaming comes in. We’re your go-to guide for navigating the crypto gambling space — no fluff, no hype. Just straightforward, honest advice to help you start your journey with confidence, clarity, and a little bit of fun.
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Crypto Gambling Trends to Watch in 2025
All iGaming keeps you informed on the latest developments in crypto gambling:
Decentralized and Web3 Casinos
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Conclusion: Rely on All iGaming for Confident Gambling
The crypto casino world is full of opportunities but requires careful navigation. All iGaming simplifies your journey with expert reviews, timely updates, and player-centric insights. Whether you’re after the best Bitcoin casino, a legal platform, or a no-KYC option, All iGaming is your trusted guide for safe, enjoyable gambling in 2025.
About All iGaming
All iGaming is a leading, independent authority in cryptocurrency gambling, offering unbiased reviews of top crypto casinos through rigorous, player-focused evaluations. Committed to responsible gambling, All iGaming provides educational resources, self-assessment tools, and expert advice to promote safe and balanced gaming habits.
Frequently Asked Questions on All iGaming
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All iGaming recommends only licensed crypto casinos that implement robust security measures, including SSL encryption, 2FA, and regular audits. Always check a casino’s licensing and security before playing.
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Decentralized casinos run on blockchains like Ethereum or Solana, using smart contracts for transparent payouts. All iGaming evaluates these platforms for security, fairness, and licensing to ensure trustworthiness.
Disclaimer:
The content in this article is provided solely for informational purposes. While All-iGaming works diligently to keep the information accurate and current, we do not endorse or vouch for the reliability of any featured crypto casinos. Engaging in online gambling and crypto gaming carries financial risks and may be restricted or illegal in some regions. It’s your responsibility to confirm compliance with local regulations before participating in any crypto-gambling activities. We promote responsible gaming and urge players to proceed with caution when exploring online casinos. Always double-check casino details and seek advice from legal professionals before taking any action.
New York City, June 10, 2025 (GLOBE NEWSWIRE) — Ever wondered why your withdrawals take forever or why fees eat into your winnings? Enter crypto casinos—the game-changer shaking up online gambling. Powered by cryptocurrencies like Bitcoin, Ethereum, and more, these platforms deliver lightning-fast payouts, lower costs, and a level of privacy traditional casinos can’t touch.
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Alex Thompson – Blockchain Specialist
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Why Choose Crypto Casino? The Advantages You Can’t Ignore
Crypto casinos are becoming increasingly popular due to their numerous benefits over traditional platforms. Players are choosing best Bitcoin casinos for the following key reasons:
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Crypto Casinos – Top Picks in 2025
Here are some of the best Bitcoin casinos we’ve reviewed for 2025, based on gameplay quality, payout speed, bonuses, and security:
High-Payout Bitcoin Casino: This best crypto casino boasts an impressive RTP rate of over 97% and offers fast withdrawals, typically within 48 hours, making it a top pick for players who seek high returns.
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Responsible Gambling: Ensuring Safe Play in Crypto Casinos
All iGaming is dedicated to promoting responsible gambling, and we emphasize the importance of using the tools provided by crypto accepting sites to ensure a safe gaming experience.
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About All iGaming Limited
All iGaming Limited is the force behind All-iGaming.com, driven by a passion for empowering players with clear, reliable info. With roots in online gambling and affiliate expertise, they’ve built a reputation for cutting through the clutter. Their focus on crypto casinos reflects their love for innovation—and their dedication to you.
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Media Contact: suppport@all-igaming.com
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Headline: DeepSeek-R1-0528 is now available on Azure AI Foundry
We’re excited to announce that DeepSeek-R1-0528, the latest evolution in the DeepSeek R1 open-source series of reasoning-optimized models, is now available on the Azure AI Foundry. According to DeepSeek, the R1-0528 model brings improved depth of reasoning and inferencing capabilities, and has demonstrated outstanding performance across various benchmark evaluations, approaching leading models such as OpenAI o3 and Gemini 2.5 Pro. In less than 36 hours, we’ve seen 4x growth in deployments of DeepSeek-R1-0528 compared to DeepSeek R1.
Building on the foundation ofDeepSeek-R1, this new release continues to push the boundaries of advanced reasoning and task decomposition. DeepSeek-R1-0528 integrates enhancements in chain-of-thought prompting, reinforcement learning fine-tuning, and broader multilingual understanding, making it a powerful tool for developers building intelligent agents, copilots, and research applications. Available within Azure AI Foundry, DeepSeek-R1-0528 is accessible on a trusted, scalable, and enterprise-ready platform, enabling businesses to seamlessly integrate advanced AI while meeting SLAs, security, and responsible AI commitments -all backed by Microsoft’s reliability and innovation.
What’snew in DeepSeek-R1-0528?
While maintaining the core strengths of its predecessor, DeepSeek-R1-0528 introduces:
Improved reasoning depth through refined CoT (Chain-of-Thought) strategies.
Expanded dataset coverage for better generalization across domains.
Optimized inference performance for faster response times in production environments.
New algorithmic optimization mechanismsduring post-training.
DeepSeek-R1-0528 is joining other direct from Azure models and it will be hosted and sold by Azure.
BuildTrustworthy AISolutionswith Azure AI Foundry
As part of our ongoing commitment tohelp customers use and build AI that is trustworthy, meaning AI that is secure, safe and private, DeepSeek-R1-0528 has undergone Azure’s safety evaluations, including assessments of model behavior and automated security reviews to mitigate potential risks. With Azure AI Content Safety, built-in content filtering is available by default, with opt-out options for flexibility. We suggest using Azure AI Content Safety and conducting independent evaluations in production, as researchers have found DeepSeek-R1-0528 scoring lower than other models—though in line with DeepSeek-R1—on safety and jailbreak benchmarks.
Get started today
You can explore and deploy DeepSeek-R1-0528 directly from the Azure AI Foundry model catalog or integrate it into your workflows using the Azure AI SDK. The model is also available for experimentation via GitHub.
Whether you’re building a domain-specific assistant, a research prototype, or a production-grade AI system, DeepSeek-R1-0528 offers a robust foundation for your next breakthrough.
Secretary-General of ASEAN, Dr. Kao Kim Hourn, held a luncheon meeting with members of the Norwegian Parliament, led by Hon. H.E. Åslaug Sem-Jacobsen, in Oslo, Norway, on 10 June 2025. During the meeting, Dr. Kao commended the active participation of Norwegian parliamentary members as AIPA Observers and for their contributions to advance green and blue economic cooperation. Dr. Kao also expressed his appreciation for Hon. Sem-Jacobsen’s participation in the Women Parliamentarians of the ASEAN Inter-Parliamentary Assembly (WAIPA) Women’s Political Leaders Forum, at the 45th AIPA General Assembly in October 2024, which reaffirmed ASEAN and Norway’s shared commitment in gender equality, sustainability, and inclusive growth. Dr. Kao further underscored the importance of ASEAN–Norway collaboration in aligning legislative and executive priorities and reaffirmed ASEAN’s support for deeper engagement with the Norwegian Parliament through AIPA.
The post Secretary-General of ASEAN interacts in luncheon meeting with Norwegian Parliamentary Members appeared first on ASEAN Main Portal.
Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with H.E. Erna Solberg, Deputy Leader of AIPA-Delegation from the Norwegian Parliament, in Oslo, Norway, on 10 June 2025. Dr. Kao welcomed Norway’s strong commitment in ASEAN as a Sectoral Dialogue Partner and AIPA Observer, highlighting its active role in promoting sustainability, peace, and inclusive development. He acknowledged Norway’s support for green shipping development in ASEAN and encouraged stronger cooperation in other areas such as political-security and economic spheres. Dr. Kao also reaffirmed ASEAN’s support for enhanced collaboration with the Norwegian Parliament through AIPA, particularly in aligning executive and legislative priorities for regional peace and prosperity, among others.
The post Secretary-General of ASEAN meets with Deputy Leader of AIPA-Delegation from the Norwegian Parliament appeared first on ASEAN Main Portal.
Headline: ICC joins Business Call to Action to accelerate global cooperation for our oceans
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As the largest business association in the world, the International Chamber of Commerce is proud to be a convener of this important call to action, bringing the voice of the global business community to the United Nations Ocean Conference.
The call is convened by an unprecedented coalition of business networks, supported by signatories, including 80 businesses with a combined turnover of over €$600 billion and 2 million employees. In anticipation of the upcoming 2025 United Nations Ocean Conference in Nice, France,the call builds on the experience of leading businesses and organisations already advancing a sustainable blue economy. It emphasises the intrinsic connection between land and sea, highlighting the contribution and interdependencies between coastal and marine environment and the United Nations Sustainable Development Goals.
This call is directed at all economic actors, whether directly or indirectly connected to the ocean, and includes:
A call to action for businesses to expedite maintaining ocean health through business actions, such as contributions to ocean science, monitoring and reducing environmental impacts, incorporating ocean considerations into their climate and nature roadmaps and investing in blue solutions.
A call to action for policy makers to pursue ambitious science-driven policies and measures that stimulate sustainable business action and to jointly address land and ocean for enhanced global resilience
With this Business Call to Action, companies and business networks urge policymakers to:
Agree to adopt and implement international agreements: champion strong, sustainable outcomes for existing and upcoming ocean-related agreements,
Invest in ocean science and support strong science-policy interfaces,
Acknowledge and embed into policies the links between ocean, nature and climate,
Help all actors to collectively adapt to sea-level rise,
Develop robust and innovative finance mechanisms,
Raise awareness to encourage all actors to care for the ocean, even those based on land.
This business declaration is still open to new signatories. For information on signing this declaration please contact
The Business Call to Action is convened by global and leading business networks including International Chamber of Commerce (ICC), United Nations Global Compact (UNGC), World Economic Forum (WEF), We Mean Business Coalition (WMB), Business for Nature (BfN), Mouvement des Entreprises de France (MEDEF), UN Global Compact Network France and Association française des Entreprises pour l’Environnement (EpE).
Presidents Xi Jinping and Donald Trump at the G20 Summit on July 7, 2017, in Hamburg, Germany. Mikhail Svetlov/Getty Images
On June 5, U.S. President Donald Trump held a phone call with Chinese President Xi Jinping. It marked the first direct conversation between the two leaders since Trump began his second term — and the first since tensions sharply escalated in 2025’s U.S.-China trade war.
After the call, Trump was quick to frame it as a success for his administration, posting on social media that it led to “a very positive conclusion for both Countries.” He later told reporters that Xi had agreed to resume exports of rare earth minerals and magnets to the U.S. — allaying the fears of the auto industry, which had previously warned that parts suppliers were facing severe and immediate risks to production.
The presidential phone call also yielded an invitation for Trump and first lady Melania to visit China, an invitation that Trump reciprocated.
But aside from the easing of some trade tension and surface-level niceties, the call conveyed subtle messages about an imbalance in the bilateral dispute. As an expert on U.S.-China relations, I believe these subtleties point to Xi having the upper hand in U.S.-China talks and also using Trump as a foil to burnish his own image as a strong leader at home and abroad.
A rare earths ace
The Trump-Xi call should not distract from the fragile state of China-U.S. relations — and the willingness of Beijing to play its “rare earth materials card.”
Although China and U.S. delegations reached a 90-day tariff truce in Geneva on May 12, negotiations between the two countries remain ongoing. As many observers have noted, deep-rooted and structural differences — such as disputes over currency manipulation, export subsidies and other nontariff barriers — continue to cast a long shadow over the prospects of U.S-China trade talks.
Beijing, in turn, accuses the U.S. of breaking the Geneva agreement first and blames Washington for rolling out a wave of discriminatory measures against China after the talks, including new export controls on artificial intelligence chips, a ban on selling electronic design automation software to Chinese companies, and plans to revoke visas for Chinese students.
Trump’s order banning American companies from using AI chips by China-based Huawei — issued just one day after the Geneva agreement on May 12 — was seen by many in Beijing as directly countering the spirit of the agreement. Indeed, it may well have prompted Beijing to delay the resumption of rare earth exports to the U.S. in the first place.
Aside from the actual effect of the resumption of rare earth exports, Trump’s apparent priority given to the issue signals to Beijing just how reliant the U.S. is on China in this regard — something that would not have gone unnoticed by Xi.
Xi never came calling
Just one day before the June 5 call, Trump wrote on social media: “I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!”
His conversation with the Chinese leader would have further reinforced Xi’s tough image — not just for a Chinese audience, but for international observers as well.
This was certainly encouraged by how China described the call. According to China’s official statement, Xi “took a phone call from U.S. President Donald J. Trump” – the subtle implication being that it was Trump who initiated the call.
This framing promotes the idea that Xi holds the upper hand. The Chinese statement also highlighted that the Geneva talks were “at the suggestion of the U.S. side,” implying that China did not back down in the face of Trump’s trade pressure — and that it was Trump who ultimately blinked first.
China’s message is particularly significant given that, as the U.S.-China trade war intensified in April, Washington believed it could gain “escalation dominance” by imposing tariffs on Chinese goods — perhaps underestimating China’s ability to retaliate effectively and assuming Beijing would be eager to negotiate.
Throughout the trade standoff, Xi refrained from initiating contact with Trump, and in the end, it was Trump who reached out.
This undoubtedly enhanced Xi’s image back home — and potentially undermined Trump’s negotiating posture.
The official Chinese statement following the talks noted: “The Chinese side is sincere about this, and at the same time has its principles. The Chinese always honor and deliver what has been promised. Both sides should make good on the agreement reached in Geneva.”
Those words appear aimed at signaling to the international community that it is the U.S. — not China — that failed to uphold its end of the Geneva agreement.
The second-to-last paragraph of the Chinese statement on the phone call noted: “President Trump said that he has great respect for President Xi, and the U.S.-China relationship is very important. The U.S. wants the Chinese economy to do very well. The U.S. and China working together can get a lot of great things done. The U.S. will honor the one-China policy. The meeting in Geneva was very successful, and produced a good deal. The U.S. will work with China to execute the deal. The U.S. loves to have Chinese students coming to study in America.”
While much of this language may be standard diplomatic rhetoric, it clearly aims to box in Trump as the supplicant in the current dispute and implies that he is moving closer to China’s positions, including key nontrade issues like U.S. visas for Chinese students.
A game of telephone?
Aside from the optics or broader question of who is “winning” the dispute, the Trump-Xi call has certainly eased some tensions on both sides — at least temporarily.
For the U.S., concerns over rare earth supplies were alleviated. Since the call, it has been reported that China has issued temporary export licenses to companies that supply rare earth materials to America’s three largest automakers.
For China, Trump’s remarks seemingly helped reduce anxiety over issues such as Taiwan and student visa restrictions.
But given the deep and fundamental differences between the two countries on trade and economic matters — and recalling how trade negotiations repeatedly stalled and restarted during Trump’s first term — there is good reason to believe that future talks could face similar setbacks.
But what is clear now, especially compared with the trade war during Trump’s first administration, is that Beijing appears better prepared and more skilled at leveraging its rare earth exports as a bargaining chip.
In many ways, Trump faces the greater pressure in his handling of Xi. Should talks collapse, any resulting supply chain disruptions could lead to rising inflation, market volatility and economic woe for the U.S. — with the associated risks of political fallout ahead of the midterm elections. Xi will know this and, in rare earth materials, has an ace up his sleeve to pull out when needed.
Indeed, Trump may find himself needing to reach out to Xi again in the future in an effort to revive troubled trade negotiations. But doing so would only reinforce Xi’s image as the tougher and more dominant figure.
Linggong Kong 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.
Source: The Conversation – UK – By Francesco Grillo, Academic Fellow, Department of Social and Political Sciences, Bocconi University
Shutterstock/Coffeemil
I believe we Europeans feel far too safe. Europe’s political and economic leadership in the world, which was still unchallenged at the beginning of the century, has long since ceased to exist. Will the dominant cultural influence of Europe be maintained? I think not, unless we defend it and adjust ourselves to new conditions; history has shown that civilisations are all too perishable.
It is astonishing how much these words used in 1956 by Konrad Adenauer, one of the founding fathers of the European Union, still sound valid today. They perfectly define the current state of the union. Europeans are still struggling to adjust to new conditions – and the conditions to which they need to adjust also continue to change dramatically.
The battle for technological leadership is the current version of this struggle. Success in this domain could transform Europe, yet the continent remains complacent about its decline into backwardness. The European commission itself calculates that of the 19 digital platforms that have more than 45 million EU users, only one (Zalando) is from the EU.
Information is (economic and political) power and losing control means to gradually lose both market share and the ability to protect European democracies. Brussels has produced a mass of regulation on digital services, yet American digital platforms are getting away with what European leaders themselves call the manipulation of democratic elections, with very little repercussions. Elon Musk’s X, was banned in Brazil for less – refusing to ban accounts accused of spreading misinformation.
This decline, however, has been slow enough to lull European leaders into complacency about the future.
Meanwhile, Donald Trump has a point when he laments that the European Union has been slow to engage in the negotiations he imposed on trade. Indeed, even on trade – one of the very few areas in which the European Union has a mandate from the member states to deal directly with third parties – progress is generally stuttering. The commissioner in charge has to constantly find a common denominator with the agendas of 27 member states, each of which has a different industrial agenda.
Europe’s decision-making processes are sub-optimal. Indeed, they were built for a different age. There is no shared voice on foreign policy – the EU has been able to say far less on Gaza than individual countries like Spain or the UK, for example. This may have the practical consequence of eroding the “moral leadership” that should still be Europe’s soft advantage.
Crisis of confidence
Europe’s failure to respond to real-world changes is due to sub-optimal institutional settings. However the current paralysis in the face of clear need for action may be due to an even more fundamental question of trust in its own capabilities.
On one hand, there still seems room for complacency. As Stanley Pignal, the Charlemagne columnist for The Economist, recently put it, Europe can take a moderate amount of satisfaction from its continued status as a place where people are free to pursue “life, liberty, and the pursuit of happiness”. Yet, it is evident that the institutions needed to concretely achieve those objectives are crumbling: healthcare systems and welfare; robust and independent media; energy and military autonomy in a world without order.
On the other hand, Europe is increasingly resigned. A global poll taken by Gallup International shows that when responding to the question “do you think that your children will live better than you?” seven of the most pessimistic countries of the world are from the EU. Only 16% of Italians and 24% of French respondents answered “yes” to this question.
According to Ipsos, less than half of young Europeans feel prepared to enter the job market. And they blame the education system for that. The picture may well be even worse now – this survey was taken in 2019, before the pandemic, war in Europe and, more importantly, AI made the picture even more uncertain.
Europe has no alternative, as even far-right and far-left parties seem to acknowledge. Note that France’s Rassemblement National and Italy’s Lega no longer talk about exiting the EU but about changing it from the inside. Individual nation states simply do not have the minimum scale to even try to take leadership in a world looking for a new order.
In a world abandoned by the US, Europe stands a real chance. However, it urgently needs to be creative enough to imagine new mechanisms through which EU institutions take decisions and EU citizens have their say. This in turn requires an entire society to somehow recover the reasonable hope that decline is not inevitable (although we also must be aware that it may even nastily accelerate).
Finally, young people are absolutely crucial in the process. The rhetoric of “listening to them” must now be replaced by a call for them to govern. They are today what Karl Marx would have probably defined as a class – with very specific demographic, cultural, economic and linguistic characteristics. These must be turned into a political agenda and a new vision of what Europe of the future could look like.
The challenges ahead for the European Union will be the subject of the forthcoming conference on the Europe of the future in Siena, Italy. This will feed into a seven-point paper that will be discussed with EU institutions.
Francesco Grillo is associated to VISION think tank.
Source: United Kingdom – Executive Government & Departments
Scientists comment on news that the UK government is investing in a nuclear plant at the Sizewell C site and a small modular reactor programme.
Prof Patrick Regan, Professor of Nuclear Metrology, University of Surrey, said:
“The announcement that the UK government has committed £14.2bn of investment to build European Pressurized Reactors (EPRs) at the Sizewell C site will contribute to the UK tackling the delicate balance between ever-increasing secure energy requirements and our commitment to achieving net-zero. The EPRs planned at Sizewell C represent Generation 3+ technology and build on more than 70 years of operational reactor experience worldwide to provide the cleanest, safest and most efficient form of nuclear power yet.
“This large investment, however, brings with it the obvious need to produce and maintain a highly skilled, expert workforce related to all phases of the Sizewell C project. Science and Engineering Apprentice, Graduate and Post-Graduate training in areas such as chemical engineering, material science, nuclear physics & radiochemistry, environmental monitoring, radiation measurement and health physics will be key in enabling ‘life-long’ UK-based careers in this industry, in line with such a far horizon project. This is a long-term investment in the UK’s national infrastructure, and it needs a skilled workforce to ensure its ultimate success.”
Dr Phil Johnstone, Principal Research Fellow, University of Sussex Science Policy Research Unit, Patron of Nuclear Information Service, Member of Sussex Energy Group, and Member of Nuclear Consultation Group:
Is this a good move?
“The decision on Sizewell C is a bad move. It will likely lead to increasing costs for UK electricity consumers and represents a significantly slower means of combatting climate change than alternative options. The announcement comes alongside the decision to select submarine reactor manufacturer Rolls Royce as the winning bidder to develop Small Modular Reactors. These are part of the same underlying goal: to sustain the UK military nuclear industrial base via subsidies from civil nuclear power, with democratic scrutiny of this strategy almost entirely absent.”
Prof Andy Stirling, professor of science and technology policy at the University of Sussex Science Policy Research Unit:
Is this a good move (or not) when it comes to energy and fossil fuels?
“It is well acknowledged behind the scenes (but denied in public), that this move is more intended to support the kind of nuclear industrial base needed for military than for climate reasons. Nuclear power stations like Sizewell C are so slow and expensive compared to renewables and storage strategies, that they erode rather than enhance climate action.”
What does this mean for UK energy production? Is there overspeculation?
“This will make UK energy production needlessly more expensive, less secure and less effective in climate terms, than if the same money had been spent on renewables and energy storage.”
What does the science say?
“On this as on many other policy issues, what counts as ‘the science’ is more uncertain and context-dependent than any side typically implies. If either nuclear advocates or critics claim their arguments to be uniquely or unequivocally science-based then that is a sign that they are seeking to mislead.”
Dr Sarah Darby, Emerita Research Fellow, Energy Programme, Environmental Change Institute, University of Oxford, said:
“The argument that building Sizewell C will be markedly cheaper and quicker than Hinkley C is weak. Hinkley C is ‘first of a kind’ in the UK but has the same design as Olkiluoto in Finland and Flamanville in France. These two have been, respectively, over 10 years late and almost four times over budget [1] and over 12 years late and over four times over budget in real terms [2,3]. Neither is yet working reliably [4,5].
“The unfinished Hinkley C was reported by EdF last year as already 90% over budget and 7 years late – and EdF do not expect it to be finished before 2029-31.
“In the light of these figures from three power plants of the same design as SZC, Ed Miliband’s forecast of a 10-year build time looks wildly optimistic. Where cost and complexity are concerned, there is the additional concern about the SZC site being on a flood-prone and eroding coastline, with sea levels on the rise.
“EdF are now wholly owned by the French government, following their extreme financial difficulties, and it is unclear whether they will take any stake at all in SZC. This is hardly a vote of confidence in the prospects of their own design.
“The argument that nuclear build helps with climate goals is similarly weak. New nuclear would arrive too late to assist – renewables already supply over half of UK generation [6] – and are on the rise. The massive sums involved are money not spent on quicker and more effective moves towards energy transition. Bloomberg NEF’s latest assessment of energy transition investment trends* refers to renewables, energy storage, electric vehicles, and power grids as ‘proven, commercially scalable [and with] established business models’, yet categorises nuclear power as an ‘emerging’ technology, with investment held back by lack of affordability and technology maturity [7].
“Nuclear is being presented by the Government as complementary to renewables, for ‘when the sun doesn’t shine and the wind doesn’t blow’. But what we need for these times – and for times of abundant renewable supply – is flexibility from storage and demand-side response, not large-scale inflexible power plants that cannot easily be turned down or up and that can be shut down at a moment’s notice [5,8].
“As so often, the debate is focused on supply rather than demand – what we use energy for. The government are citing figures of a doubling of demand by 2050 that are certainly not set in stone and likely to be exaggerated. AI demands are the new kid on the block but, as DeepSeek has shown, they need not be nearly as high as is often made out. There is still plenty of scope to improve energy security through energy efficiency, allied with storage and demand-side response, without compromising quality of life [9].
“Successive governments have already sunk £6.4bn of taxpayers’ money into Sizewell C, but this is no reason to compound the error. A further £14.2bn is substantial but falls a long way short of the £40bn ‘overnight’ cost estimated by the FT [10]. Further, this £40bn estimate does not take into account the costs of capital, decommissioning and disposal of waste. The last of these is itself a topic of major concern to the Public Accounts Committee [11].
“It is not too late to avoid a FID for Sizewell C and to steer funding in more productive directions, including modernisation of the electricity grid, energy efficient buildings and transport systems, and storage. Such investment could create jobs and improve living conditions around the country.”
Stephanie Baxter, Head of Policy, Institution of Engineering and Technology, said:
“The £14.2 billion of funding announced today for the development of Sizewell C, alongside selecting Rolls-Royce SMR as the preferred bidder to develop the UK’s first small modular reactors, marks an important step forward towards nuclear playing a significant role in the UK’s energy mix.
“Nuclear infrastructure, both large and small, will be needed in our energy system if the UK is to have a secure, affordable and sustainable energy system for 2030 and beyond. However, the Government must also take a whole system view of the wider energy system to ensure new nuclear infrastructure compliments other energy generation and distribution resources currently deployed and being developed.
“Significant infrastructure projects such as these rely on long-term stability – in the supply chain, regulations and the skills pipeline. That is why today’s announcements must be backed up by clear plans for delivery, including engagement with local communities.
“These ambitions will also not be met without the skilled engineering and technician workforce that will be critical to delivering and maintaining new nuclear infrastructure.
“Great British Energy must work closely with Skills England to ensure that these plans are backed by a long-term workforce strategy to deliver skilled job opportunities across the country – both by training up new workers in schools and colleges, and upskilling/reskilling the existing workforce through flexible funding in the Growth and Skills Levy.”
Will Davis, Nuclear Expert and a Member of the Institution of Engineering and Technology’s Sustainability and Net Zero Policy Centre, said:
“Today’s announcements are a clear demonstration of the government’s long-term commitment to low-carbon energy security, extending beyond the 2030 clean power target and taking concrete steps toward achieving net zero by 2050.
“To meet our net zero ambitions, we must significantly scale up electricity generation – by two to three times current levels – and this will only be possible through large-scale projects like Sizewell C and the Small Modular Reactor (SMR) programme.
“While these developments are both welcome and necessary, the UK nuclear industry must address its ongoing credibility challenges around delivering projects on time and within budget. Unlike the UK’s Hinkley Point C, nuclear projects in countries like China and the UAE have avoided major delays. Learning from these international examples is essential if we are to attract private investment and reduce reliance on gas-fired power stations.
“The selection of a preferred bidder for the SMR fleet is a long-awaited milestone – over a decade in the making – and we’re pleased to see it finally progressing.
“The clarification of roles between Great British Energy and Great British Energy – Nuclear, with NESO overseeing the critical upgrades to our national electricity infrastructure is welcomed. These upgrades are vital and must be properly funded, not treated as an afterthought.
“With the announcements on Sizewell C and SMRs, we urge the government to clarify its position on future gigawatt-scale nuclear projects, such as the previously proposed development at Wylfa.
“New nuclear power stations require a high-tech supply chain and a highly skilled workforce. Investment in key manufacturers like Sheffield Forgemasters is encouraging, but broader supply chain investment hinges on project certainty – contracts must be signed.
“The IET continues to support the sector through initiatives like the Nuclear Skills Taskforce. We’re also pleased to see continued investment in STEP, the UK’s prototype fusion power plant. A £2.5 billion commitment is significant and deserves more visibility.
“However, we note the absence of updates on advanced nuclear technologies, which could play a crucial role in decarbonising hard-to-abate sectors such as steelmaking and hydrogen production. We hope to see further clarity on this soon.”
Dr Lewis Blackburn, Lecturer in Nuclear Materials, University of Sheffield, said:
“Today the UK government demonstrated a clear and renewed commitment to nuclear fission as a means to achieve Net Zero, a key goal that was outlined in the 2024 White Paper “Civil Nuclear: Roadmap to 2050”. This comes in the form of an approximately £14B commitment to the Sizewell C project, comprising two EPR (European Pressurised Reactors) delivering a total of 3.2 GWe. The project is forecast to support 70k jobs and produce enough energy to power 6M UK homes. Today’s news also comes alongside an announcement that Rolls-Royce have been identified as the preferred bidder to construct the UK’s first Small Modular Reactors (SMR) – a fleet of smaller fission reactors designed to be built ‘modular’ on a production line, prior to shipping and assembly on-site.
“The UK faces a potential skills challenge in the field of nuclear engineering and projects like Sizewell C and Rolls-Royce SMR offer an exciting opportunity to build a skills pipeline, increasing the number and diversity of people entering the nuclear workforce, and bolstering the supply chain.
“In order for the UK to maintain its international reputation as a leader in civil nuclear, it must continue to invest heavily in new infrastructure, the wider industrial supply chain and R&D. Thus, producing the next generation of nuclear expertise in both the industrial and academic sectors, equipping them with the skills required for the UK to continue to utilise nuclear fission, safely, for generations to come.
“An important aspect of this is ensuring that highly radioactive waste, generated as a by-product of nuclear fission, is not passed onto future generations and is permanently disposed of. In this area, the UK is in the process of siting a geological disposal facility – a dedicated site wherein intermediate and high-level radioactive waste will be isolated from the wider environment permanently. The international consensus in the wider scientific and technical community is that this is the only feasible way to safely manage such wastes, ensuring passive safety. This is the focus of significant R&D in both the technical and academic space.”
Dr Mark Foreman, Associate professor of Nuclear Chemistry / Industrial Materials Recycling, Chalmers University of Technology, Sweden, said:
“Building a new power plant based on light water reactors at Sizewell is a good idea, it will provide a reliable supply of electric power which will help society reduce its dependency on fossil fuels. I hold the view that it will be a safe means of providing for the energy needs of society. Many critics of nuclear power use the example of the Chornobyl accident to argue that all nuclear power plants are unsafe. This is unreasonable, operating the Chornobyl reactor in the same way as it was just before the accident can be thought of as like roller blading along the M1. While running modern (or even a 1980s era) light water reactor is like calmly driving a Volvo equipped with all the latest safety features along the M1.”
Prof Robin Grimes FRS FREng, Professor of materials physics, Imperial College London, said:
“Large plants such as Hinckley, currently under construction and this announced plant at Sizewell are very good at providing constant base load electricity capacity. They are also good for supporting grid stability and providing inertia. Of course they offer generation diversity and energy security. They will offer these benefits for many decades. As we turn to more electricity use to reduce carbon emissions we will need more nuclear electrify. However, large plant are less good at helping with the inherent intermittency of renewables. For this we need the greater flexibility as provided by small modular reactors or the higher temperatures of advanced modular reactors which offer access to more technology options for decarbonisation. I therefore see this announcement as part of the systems approach by which we progress to greater energy security and decarbonisation.”
Prof David Armstrong, Professor of Materials Science and Engineering (Department of Materials), University of Oxford, said:
“This is excellent news for the UK energy landscape. As the UKs aging AGR fleet retires new baseload energy is required. Sizewell C will sit alongside Hinkley Point B to provide sustainable emission free baseload energy complementing the growing wind and solar power and making a significant contribution to UK energy security.”
Dr Iain Staffell, Associate Professor of Sustainable Energy at the Centre for Environmental Policy, Imperial College London, said:
“Today’s decision is an important one, but even with Hinkley C and Sizewell C, the UK’s nuclear capacity in the 2030s will still be below its 1990s peak.
“After a decade of dithering, Sizewell C is a litmus test of the UK’s ability to deliver complex infrastructure on schedule.
“This deal lives or dies on its delivery. Sizewell C must be built on time and on budget, learning from the (many) mistakes from Hinkley Point C and other UK mega-projects.
“Nuclear power offers a strong energy security hedge. Fuel and key parts can be stockpiled, insulating consumers from foreign instability and gas price spikes.
“Sizewell C won’t start generating for nearly a decade if it is built on time, so it only just contributes towards the Government’s 2035 clean-power goal. But, it is building for the long-term, and will deliver carbon-free electricity well into the 2080s.
“People are rightly concerned by the environmental impacts and emissions from the enormous construction project, but compared to the scale of energy production over the next six decades, nuclear remains one of the cleanest power sources we have.
“The upfront cost is undoubtedly high. £14 billion could fund around 10 GW of offshore wind versus just 3.2 GW of nuclear. But, these reactors will run day and night, especially valuable when the wind is not blowing.”
Louis Barson, the Institute of Physics Director of Science, Innovation and Skills said:
“It is good to see this decision made about developing Sizewell C. New nuclear will play a vital role in bringing reliable, secure and affordable power to new markets, decarbonising industry and helping countries meet their net zero commitments – as part of our future low-carbon energy mix.
“But we need to make sure we also pay attention to the desperate need for hundreds of thousands of skilled workers to support both this project and the development of smaller, modular, nuclear reactors.
“Signing off on Sizewell C is only half the picture, we need the nuclear-ready scientific workforce to make it a reality: that means more physics teachers, well-funded physics departments in universities and a healthy pipeline of physics talent.”
Tom Greatrex, Chief Executive, Nuclear Industry Association, said:
On Sizewell C Given Go-Ahead from Government
“This is a momentous day for Sizewell C and for the British nuclear programme. Sizewell C is one of Britain’s most important clean power projects, and will give the country the jobs, the economic growth and the energy security we need to ensure a secure and reliable power supply for the future. This record investment confirms the government is serious about building new nuclear and all the economic benefits that come with it, and will be welcomed in communities the length and breadth of Britain.”
On Rolls-Royce SMR Winning the UK SMR Competition
“This is a hugely significant moment for Rolls-Royce SMR and for the British nuclear programme. These SMRs will provide essential energy security and clean power alongside large scale reactors, all the while creating thousands of well-paid, skilled jobs, opportunities for growth right across the country and significant export potential. We look forward to working with Rolls-Royce SMR and all other potential SMR vendors, including those not successful today, on making Britain the best place to build new nuclear anywhere in the world.”
Prof Mark Wenman, Professor in Nuclear Materials, Imperial College London, said:
“This is a big step forward. Since the 1990s the amount of nuclear energy the UK produces has been steadily declining from around 12 to 4.5 GWe today. Sizewell C will help reverse this trend and further provide the UK with energy security. It will help balance the grid with the increase of renewables, replace fossil fuel plants and protect us against potential blackouts, as recently seen in Spain. Whilst the costs may seem high initially, this needs to be balanced against the fact that these reactors will produce low carbon electricity for 80 or possibly 100 years, 24/7, providing around a tenth of the current UK electricity needs. Once paid for, nuclear reactors produce the cheapest electricity of any kind, so this investment should be seen as future proofing the UK electricity system.”
Prof Adrian Bull,Chair in Nuclear Energy and Society, Dalton Nuclear Institute, University of Manchester, said:
“It’s very welcome news to see the announcements today of Government support for a new wave of nuclear power in this country. We’ve known for decades that reliance on imported gas could ruin the environment – but recent years showed us that it can ruin the economy too. Nuclear gives much-needed resilience against global fossil fuel prices, without emitting the gases that cause climate change, so it’s excellent news that we are going to see new plants – both large and small – built.
“I’m especially pleased that we have finally got over our national phobia of replicating a previous project. We’ve never done that in our UK nuclear fleet before, but the rest of the world learned ages ago that series construction is the route to certainty over the time and budget for such projects. Doing the same things at Sizewell which we have already done at Hinkley Point is much easier than starting from scratch to build a massively complex plant for the first time.
“The announcement of Rolls Royce as the winner of the SMR competition is a welcome sign of progress, but it’s disappointing to see only one winner selected, when we had all anticipated more. Government has long been supporting the Rolls Royce SMR project – with over £200m of public funds provided already – so it was inconceivable they would not be on the podium at the end of the race. Seeing them there alone makes the two years spent by Great British Nuclear on running a competition look like time and effort that could have been better spent.
“Overall though, these nuclear plants – whilst not cheap – will produce reliable, low carbon electricity around the clock and will most likely do so for the best part of a century. This is an investment in our grandchildren’s future as well as helping towards our 2050 climate goal.”
Prof Dame Sue Ion GBE FREng FRS, a Fellow of the Royal Academy of Engineering, said:
“It’s really good news that the Government is finally taking steps to ensure that nuclear energy plays the vital role it should in achieving significant quantities of stable low carbon electricity. Perhaps as importantly, if not more so, is the news that Rolls Royce’s Small Modular Reactor has been selected as the technology of choice to progress the opportunity presented by SMRs. These systems are designed from the outset to be modular, with modern construction techniques using much more factory fabrication, so they will be faster and easier to build.”
Prof Tom Scott, Professor in Materials, University of Bristol, said:
“This is an extremely important strategic step for the UK towards achieving net zero carbon emissions. Nuclear energy is a safe, secure and reliable form of electricity generation. With the lessons learnt from the Hinkley Point C project, and with the experienced workforce and supply chain that has been established because of it, my expectations are high for the delivery of Sizewell C at a much lower cost and shorter timescale.
“The announcement about Government investment in Sizewell C and more excitingly, about the investment in Small Modular Reactors (SMRs), really shows the Government’s understanding and commitment towards nuclear as a key part of the solution towards achieving zero carbon emissions in the UK.
“SMRs offer the potential for providing new nuclear power stations much faster and more cheaply than conventional large-scale light water reactors like Hinkley Point C. Ultimately, the roll-out of SMRs delivered by British companies like Rolls-Royce will help to keep our electricity prices low whilst also generating high-value jobs across the U.K. This is a smart investment for the UK.”
Dr Mark Foreman, Associate professor of Nuclear Chemistry / Industrial Materials Recycling, Chalmers University of Technology, Sweden, said:
“Building a new power plant based on light water reactors at Sizewell is a good idea, it will provide a reliable supply of electric power which will help society reduce its dependency on fossil fuels. I hold the view that it will be a safe means of providing for the energy needs of society. Many critics of nuclear power use the example of the Chornobyl accident to argue that all nuclear power plants are unsafe. This is unreasonable, operating the Chornobyl reactor in the same way as it was just before the accident can be thought of as like roller blading along the M1. While running modern (or even a 1980s era) light water reactor is like calmly driving a Volvo equipped with all the latest safety features along the M1.”
Prof Adrian Bull: “I am a (paid) part time Professor at the Dalton Nuclear Institute, part of the University of Manchester; I am a (paid) consultant for US nuclear communications consultancy Full On Communications; I am an (unpaid) Board member of the Northern Nuclear Alliance; I am an (unpaid) Trustee of the Nuclear Institute; and am also the President-Elect, taking over in Jan 2026.”
Prof Dame Sue Ion: “Sue is Honorary President of the National Skills Academy for Nuclear.” “Sue is also a member of the Nuclear Regulatory Task Force.”
Prof Tom Scott: “In terms of interests, I am Director of the Spur West Nuclear Hub and Professor of Nuclear Materials at the University of Bristol sponsored by the Royal Academy of Engineering and the UK Atomic Energy Authority.
The nuclear hub is a consortium of academic, industrial and governmental partners coalescing around the requirement for research, skills and innovation in the UK nuclear sector.”
Dr Mark Foreman: “I have worked on advanced nuclear reprocessing for years and have also have worked on nuclear reactor safety issues. I have done and supervised research on the chemistry of nuclear accidents.”
Prof Mark Wenman “I have previously received funding for research from EDF Energy, Rolls-Royce, the UK National Nuclear Lab”
Tom Greatrex “The NIA is funded by its 320 member companies from across the civil nuclear industry.”
Dr Iain Staffell “I receive industry funding from a several companies in the UK and European energy sector, I try to keep this balanced so as not to over-represent any one technology or organization. Recent funding sources include: Drax, Octopus, SSE, HM Government, NESO (National Grid), EWE, Aurora, Baringa, Shell, Uniper, SLB, and the World Bank.”
Prof David Armstrong “I’ve had funding from UKAEA, Rolls Royce and EdF for research and students over the last 20 years.”
Prof Robin Grimes “I am a non-executive director of UKAEA and receive research funding from the UK national nuclear laboratory.”
Dr Mark Foreman “I do not currently get any money from the nuclear industry, I do not stand to make any money from the sales of nuclear products / technology. I have not been employed by the nuclear industry. I think that in terms of conflicts of interest I have none.”
Dr Lewis Blackburn“He receives funding from industry via Nuclear Decommissioning Authority, National Nuclear Laboratory, and Nuclear Waste Services”
Stephanie Baxter “No conflicts of interest.”
Will Davis “No conflicts of interest.”
Prof Andy Stirling “no conflicts of interest to declare.”
Dr Phil Johnstone “no conflicts of interest to declare.”
Dr Sarah Darby “I have no conflicts of interest to declare.”
For all other experts, no reply to our request for DOIs was received.
In almost the same way the rope aboard the Pequod “folds the whole boat in its complicated coils,” so too have the details of the 14th International Melville Society Conference around UConn’s Mary K. Bercaw Edwards.
Who knew planning a weeklong event at UConn Avery Point for 150 Herman Melville scholars from lands as far away as those along the route in the hunt for Moby Dick would imitate passages from the English professor’s favorite chapter in the novel by the same name?
The whaling line, Melville writes of the rope, is both “magical, sometimes horrible.”
But once the scholars arrive and the opening plenary address begins on Monday, June 16, Bercaw Edwards says she’ll settle in and enjoy what the week has to offer as the UConn campus and southeastern Connecticut show off their maritime heritage.
“It’s going to be an amazing conference. The talks look outstanding, and everyone is so excited to be in this location,” Bercaw Edwards says.
Titled “Oceanic Melville,” the conference follows a 2022 gathering in Paris and other global destinations through the years including Poland in 2007, Israel in 2009, Italy in 2011, and Japan in 2015. The first was held in Greece in 1997, with gatherings planned generally biennially.
The latest exhibition, “Oceanic Melville,” at the Alexey von Schlippe Gallery of Art features artwork inspired by Herman Melville’s novel “Moby-Dick,” including artist Robert Del Tredici’s mixed media print, “Torn Body, Gnashed Soul.” The exhibition at UConn Avery Point is open through June 19. (Kimberly Phillips/UConn Today)
Bercaw Edwards says The Melville Society, an international organization dedicated to the study of the author, asked her to arrange a conference at Avery Point in part because of its proximity to Mystic Seaport Museum just 15 minutes down the road where the Charles W. Morgan, the last wooden whaleship in the world, is on display.
The Morgan was launched in 1841 from New Bedford, Massachusetts, built seven months after and 7 miles away from the Acushnet, the whale ship on which Melville served as a crewmember in the Pacific Ocean before writing “Moby-Dick,” making the Morgan as identical as possible to the Acushnet.
While several days of panel discussions and other academic talks (some are open to the public) on topics ranging from Melville in popular culture to Melville and his animals are the centerpiece of the conference, Bercaw Edwards says a daylong trip to the Museum, where she works in the summer, and the chance to get up close with the Morgan is a highlight.
“They’ll see us raise sails, lower and raise the whale boat. They’ll get to pull on the halyards, which will give them a visceral feeling of what it’s like to set sail,” she says of conference attendees. “We’re also going to give them an opportunity to actually row in whale boats.”
Participants’ day at the Museum also will include the daily activities available to the public, including a concert by staff musicians playing and singing the songs mentioned in “Moby-Dick” and a 35-minute play with three actors using Melville’s words to tell the story of Ahab and the whale.
“Monstrous: Whaling and its Colossal Impact,” the Museum’s newest exhibition that opened in late May and runs through Feb. 16, 2026, by happenstance coincides with the conference.
The exhibition has been built around Mexican American artist Jos Sances’ scratchboard mural, “Or, The Whale,” a 51-foot-long artwork the same size as a juvenile sperm whale. Bercaw Edwards says Sances created the piece after reading and finding inspiration in “Moby-Dick.”
“Sances is a screen printer and a scratchboard artist who’s from Mexico and lives in California – and then he read ‘Moby-Dick’ and was driven to make this mural,” she says. “With his background, there was nothing that would have drawn him naturally to reading a book by a white New England author, but he did just like so many others do.”
‘Deep and Important Questions’
From the perspective of Pequod crewmember Ishmael, “Moby-Dick” tells the story of Captain Ahab’s trek across the globe for vengeance against the albino sperm whale Moby Dick, which took off his leg during a previous encounter.
Some chapters are incredibly dense with precise details about whaling and sailing, while others are so action-packed the story moves quickly. It’s considered among the greatest American novels and for many English majors might be considered their very own white whale.
“Quenchless Feud (Ahab)” from artist Jos Sances is on display as part of “Oceanic Melville” at the Alexey von Schlippe Gallery of Art at UConn Avery Point. (Kimberly Phillips/UConn Today)
Bercaw Edwards says she’s oftentimes amazed that today’s audiences are so interested in something written in 1851 – that’s nearly 175 years ago – especially given that it’s authored by a dead, white male and features the killing of whales.
“It seems as politically incorrect as it can possibly be, and yet it feels as if it’s still on the ascendancy,” she says. “It’s a long, dense, tough book, and yet it’s immensely popular. There are graphic novels, movies, plays, concerts, memes, and T-shirts about it.”
She says she once witnessed a colleague who writes about Melville in popular culture mention the word “tattoo” during a talk, and afterward a throng of people gathered around to show him the Melville-inspired artwork on their biceps, forearms, and calves.
“It’s just amazing to me that Melville is so popular. I think it’s because he asks all kinds of deep and important questions: Is there truth? Is there justice? Is there anything beyond our human existence? How do we go about life? And he doesn’t give us any answers. Every time you think ‘OK, that’s the answer,’ he undercuts it. He wants you to realize there are no answers, but he’s asking these great questions. I think that’s part of why it’s still eternal,” she says.
Never mind the beauty of Melville’s writing.
“At the end of Chapter 1, Melville writes, ‘It is but well to be on friendly terms with all the inmates of the place one lodges in.’ I’ve always loved that. We should all get along,” Bercaw Edwards says. “I also love, ‘Ignorance is the parent of fear.’ People are afraid of things they don’t know. It’s so true.”
Pequod third mate Flask fears butter – yes, a stick of butter – Bercaw Edwards continues, noting the humor in the book. He feels as if he’s not entitled to the spread: “So when they’re all eating with Ahab – Starbuck, Stubb, and Flask – they’re always really quiet because they’re kind of nervous around Ahab, and Flask, of course, never dares to take butter. Then Melville writes, ‘For Flask is a butterless man.’”
Reading ‘Moby-Dick’
Every time “Moby-Dick” appears on a syllabus in one of Bercaw Edwards’ classes, she says she gives it a fresh read, no specific routine around it, no tableside requisite cup of black tea to share with Ahab.
She’s delighted in its humor during her at least 35 times rereading it through the years – so many instances that she finds herself quoting it as she goes along. And when she gets to her favorite chapter – number 60, “The Line” – she knows she’ll get the best Melville has to offer.
“He’s describing the whale line, which is attached to the harpoon and thrown into the whale. He has really basic information about the line, about rope, and then it’s infused with all kinds of humor,” she says, quoting his description of hemp: “Hemp is a dusky, dark fellow, a sort of Indian; but Manilla is as a golden-haired Circassian to behold.”
Melville then builds to what Bercaw Edwards calls a “metaphysical lift,” explaining that the whale-line surrounds the boat, crisscrossing it and traveling by each of the crewmembers. He then notes that we’re all surrounded by ropes, and no one knows when it will take you to eternity.
“It’s set up like a sermon,” she says of the chapter. “Sermons pick apart a line from biblical text. This does the same thing. It just does it with real line rather than a line of text.”
Then again, Bercaw Edwards can relate to Melville and journeys around the world better than most.
As her friends shifted into high school upperclassman status at 16 years old, she and her family went to sea, she says. The family of five – Mom and Dad, sister and brother, and her – sailed around the globe on a journey that took 3½ years.
“When I went to college, I knew I wanted to be an English major, but I was thinking I would study Henry James,” she says of the American British author. “Then my professor suggested that with my sailing background I should be a Melville scholar – and now I can’t imagine anything else. All my scholarship has been on Melville, with a little on Joseph Conrad and Jack London, but always centered on Melville.”
She acknowledges, though, that for some, reading “Moby-Dick” might be daunting, to which she offers four words of advice: Visit Mystic Seaport Museum.
Seeing the whale boat demonstrations and getting onboard the Morgan to imagine sleeping in its belly every night for between two and five years oftentimes help people get through those challenging whaling chapters.
She further recommends listening to the story as an audio book.
“When people hear it read aloud, they’ll often see how funny it is. I mean, it’s full of humor, and that’s often lost when people get stuck on the fact that this is The. Great. American. Novel,” she says.
From July 31 to Aug. 1, Mystic Seaport Museum will host its 40th annual “Moby-Dick” Marathon reading of the book to coincide with Melville’s Aug. 1 birthday. Readers gather onboard the Morgan and take about 24 consecutive hours to get through the 135 chapters.
“One of the things I always notice is people listening and then they start to laugh and feel embarrassed, like they’re not supposed to. This is The Great American Novel, but of course we’re supposed to laugh,” she adds.
Public Events and AVS Exhibition
With grant funding from Connecticut Humanities and the Gladys Krieble Delmas Foundation, several events during The Melville Society conference will be open to the public, Bercaw Edwards says.
The opening plenary talk at 10:15 a.m. on Monday, June 16, “Other Seas: Sailing Without Ahab,” will come from St. John’s University English professor Steve Mentz, who’s figured prominently in the field of blue humanities. He will discuss how humans engage with water, along with the history and theory of water-centric thinking.
“The Pod” from artist George Klauba is on display as part of “Oceanic Melville” at the Alexey von Schlippe Gallery of Art at UConn Avery Point. (Kimberly Phillips/UConn Today)
Then, at 6 p.m. on Wednesday, June 18, “Does the Whale Diminish? – Will He Perish? Cross-Disciplinary Currents in Conversation” will offer a panel discussion with Anne Cohen from the Massachusetts Institute of Technology and Woods Hole Oceanographic Institution, conservation biologist and author Joe Roman, and Portuguese marine researcher Rui Prieto.
The closing plenary address at 4 p.m. on Thursday, June 19, also is open to the public. It features Lenora Warren from Cornell University, one of the leading scholars about Melville and race. Her talk, “Melville’s Ghosts,” dovetails with the day also being Juneteenth.
At the Alexey von Schlippe Gallery of Art at Avery Point, the exhibition “Oceanic Melville” comes together thanks to curator and gallery director Jeanne Ciravolo, along with Bercaw Edwards and Robert K. Wallace from Northern Kentucky University.
Ciravolo says she mentioned during a campus faculty meeting more than a year ago that she enjoys making the gallery’s exhibitions interdisciplinary experiences and afterward Bercaw Edwards asked if she was interested in working together on a show to dovetail with the conference.
“I absolutely was,” Ciravolo says. “I’m a reader. I once thought I’d be an English teacher, but I became an artist, so to have the opportunity to marry literature plus art is very unusual for me and special.”
About two dozen framed artworks on loan from The Melville Society, which houses its collection at the New Bedford Whaling Museum in Massachusetts, are part of the show, along with several artists’ books, Ciravolo says, noting that most of the pieces relate to “Moby-Dick.”
This includes three full-color pieces from artist George Klauba, prints from sculptor and graphic artist Leonard Baskin, and an abstract piece, “Skin’s Path/Moby Dick,” from artist Aileen Callahan, a charcoal on paper that depicts the damaged skin of a whale that’s been beaten with time.
“The idea is to always get a mix of things, a variety of style and media, into the gallery,” Ciravolo says, explaining she and Bercaw Edwards visited the New Bedford Museum to pour through The Melville Society’s full collection, as well as the Museum’s Elizabeth Schultz Collection, and select the most powerful artworks from watercolor to printmaking.
“The scholars who are coming are going to appreciate seeing these artworks,” Ciravolo says. “I love that it will be a generative experience for them and that the public will have the chance to see this very interesting show. We’re here on Long Island Sound, near the whaling center of New England, so it’s a perfect place for this.”
The AVS Gallery is open Thursdays through Sundays from noon to 4 p.m. in the Branford House at UConn Avery Point. It will have extended hours from noon to 4 p.m. on Monday, June 16, and Tuesday, June 17, during the Melville conference for both participants and the public. The “Oceanic Melville” exhibition is open now through Thursday, June 19.
Source: Novosibirsk State University – Novosibirsk State University –
The webinar “The Impact of Mobile Devices on Human Well-Being” was conducted by neurologist, manual therapist of the Medical Scientific and Educational Center of the Institute of Medicine and Medical Technologies of the Novosibirsk State University Alexey Tamchuk. He spoke about the consequences of improper use of smartphones and the mechanisms of influence of mobile gadgets on human health, and also explained how you can independently minimize their harmful effects on the body, and in which cases you cannot do without the help of specialists.
— Mobile phone use is a mass phenomenon. By 2024, there were about 4.88 billion mobile phone users in the world, which is 60.42% of all the planet’s inhabitants, including infants and the elderly. Accordingly, all the effects of mobile devices are of a mass nature. A person with a smartphone in his hands, scrolling through the news feed in every free minute, is a common phenomenon. But spending a long time in this position is, at the very least, unphysiological. Researchers do not consider the mobile phone itself as a direct cause of diseases, but it may well be a risk factor, adding its contribution to the “piggy bank” of negative effects on the body, which in total lead to various unpleasant consequences, — explained Alexey Tamchuk.
The first to suffer are vision, the musculoskeletal system, the nervous system and the psyche. The strain on the eyes is the most obvious. With excessive use of the phone, especially if you bring it too close to the eyes or too far from them, there is a strain on the visual apparatus, which causes a spasm of the ciliary muscles, which change the curvature of the lens. As a result, accommodation and convergence are disrupted. To be more precise, accommodation is the ability of the eye to focus on objects located at different distances, which ensures clear vision. This process allows light to refract correctly and form an image on the retina. And convergence is the reduction of the pupils to the bridge of the nose when examining an object close up or while reading. This function, like accommodation, is part of binocular vision. In both cases, when we finally look away from the smartphone, looking into the distance, we see a blurry picture.
It has been noted that when using a mobile phone, a person blinks twice less often than in everyday life. For this reason, the cornea of the eye dries out and there is a feeling as if there is sand in the eyes. This leads to reddening of the sclera and painful sensations.
The listed vision changes are reversible, they can disappear if you give your eyes a rest or choose glasses. If this rest is insufficient, such “fatigue” can precede the development of more serious conditions. For example, myopia (nearsightedness, when a person sees poorly in the distance, but sees well up close) or macular degeneration (a group of diseases in which the retina is affected and central vision is impaired). The latter can occur due to the accumulation of lipofuscin when blue light affects the retina, which leads to dystrophy of the middle part of the retina and accelerated aging of the visual organ as a whole. In this case, the perception of light and color is impaired, and visual acuity is significantly reduced. Rest and wearing glasses will not help here.
– The blue spectrum of light from the screen of the smartphone can be harmful not only because it leads to eye fatigue. Potential damage to the retina is also associated with it. The main source of blue light is the sun for us, but in nature we never look at the light source, and therefore we do not perceive it to the central department of the retina. At the same time, it is very important, since it regulates circus rhythms, that is, 24-hour cycles that control various biological processes in the body, including sleep, wakefulness, production of hormones, metabolism and other functions. When the blue light falls on the retina, the body is produced in the body, among which is serotonin. This happens in all animals, which, like a person, have a daily type of activity. At night, in the absence of daytime (and, therefore blue) light, a melatonin is produced, which is unofficially called the “hormone of sleep” due to its ability to immerse the body into an altered state of consciousness, providing a full rest. When you spend the clock in the dark or at night in the dark, peering into the smartphone monitor, the consumption of blue light becomes excessive and melatonin is not produced. As a result, sleep architecture is violated – the phases of sleep become shorter, more night awakenings are happening, which the person himself does not remember the next morning, although it later turns out that he not only woke up, but responded to reports on social networks. Such a dream is unproductive, since a number of important physiological processes do not occur. There is no restoration of the nervous and endocrine systems, a body weight set, hypertension develops, intraocular pressure does not decrease, which can be very harmful to people predisposed to hypertension, ”explained Alexei Tamchuk.
Smartphone addiction can lead not only to vision impairment. With prolonged forced position of the hands, the function of the median and ulnar nerves can be impaired. Numbness and pain in the fingers and then the wrists appear. Subsequently, motor symptoms, including weakness, can join the sensory symptoms. Long stay in the same non-physiological position leads to tension of the muscles of the cervical-collar region, which causes discomfort, can be combined with headaches, gradually this condition can be joined by symptoms of narrowing of the intervertebral canal – pain in the neck, lower back, arms and legs, numbness of the shins and feet, weakness and fatigue in the legs, burning, tingling and pressure in the legs, impaired sensitivity in the limbs, problems with balance. Excessive use of the smartphone also causes an increase in the level of situational anxiety, apathy and irritability. Quite often, a condition called phubbing occurs – when a person is distracted by their gadget during a live conversation, paying primary attention to it, while trying to maintain a conversation. At the same time, the person constantly checks the phone, texts, scrolls through social networks or views content, ignoring the presence and words of the interlocutor. In parallel with this, there is a decrease in academic performance, emotional-volitional disorders and a deterioration in general well-being.
Alexey Tamchuk told how to build the right relationship with a smartphone using a cognitive-behavioral approach. It is necessary to set a screen time counter. Time flies when you are browsing news feeds and communicating on social networks, so it is best to control it. It would also be useful to set up a “reading”, “book reading” or “eye protection mode” mode on your smartphone, where there is less blue light spectrum and warmer shades. The gadget should be held at a distance of 30-40 cm from the eyes, using comfortable stands if necessary.
— It is essential to split up your phone’s screen time — take 20-20-20 breaks: after every 20 minutes of focusing your gaze on the smartphone screen, look away for 20 seconds, at a distant object, and look into the distance. It is also recommended to blink more often while spending time with a smartphone, but it is quite difficult to develop such a habit by consciously ordering yourself to blink, — advised the webinar host.
To prevent insomnia, Alexey Tamchuk advised not to use a smartphone 2 hours before bedtime and generally put it away at night. You shouldn’t fall asleep with a gadget by your pillow, so as not to be tempted, while falling asleep, to check messages for the very last time or scroll through the news feed a little. Can’t fall asleep? Read a book. And better yet – not a detective story, but a serious one. As a rule, healthy sleep comes quickly from smart books.
Unfortunately, smartphone addiction is not a myth, but a reality, so the user cannot always cope with this problem. In some cases, the help of specialists is required. For example, with persistent disorders in the emotional sphere, the patient may need the help of a psychotherapist or even a psychiatrist. And if sensitivity disorders, pain in the musculoskeletal system, headaches, dizziness, memory impairment, or other incomprehensible symptoms occur, you should visit a neurologist to clarify the causes. Regular systematic examinations by an ophthalmologist should also be carried out. Alexey Tamchuk noted that the Medical Scientific and Educational Center of NSU has everything to solve such problems.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
The IAEA’s Annual Report and the Technical Cooperation Report for 2024 were presented to the Board, showcasing the Agency’s work in science, international cooperation and innovation.
The 2025 Rays of Hope Forum will be held in Ethiopia at the end of June and provides an opportunity to take stock of what has been achieved over the past three years, as well as to foster collaboration and further mobilize resources. Rays of Hope aims to expand access to affordable cancer care where it is needed most; supporting countries in providing life-saving radiotherapy and building the capacities of radiation medicine professionals. More than 90 countries have requested support under the initiative.
The IAEA will continue to work with partners on Atoms4Food, its joint initiative with the United Nations Food and Agriculture Organization to fight world hunger, Mr Grossi said. Part of the initiative, the Joint FAO/IAEA Centre of Nuclear Techniques in Food and Agriculture supports the use of nuclear technologies to boost global food security and sustainable agricultural development.
Speaking about NUTEC Plastics, the IAEA initiative to combat plastic pollution, Mr Grossi said: “At this week’s UN Ocean Conference, we are showing what we are doing in very concrete terms to fight plastic pollution through new technology.”
The IAEA is harnessing the power of nuclear technologies involving radiation to improve recycling and create bio-based plastics, which offer a sustainable alternative to conventional petroleum-based plastic products.
With support from the NUTEC Plastics initiative, 104 Member States now use nuclear technologies to monitor microplastics, while 52 are collaborating with the IAEA on upcycling efforts.
SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced that it has been named Winner in the Robotics category at the prestigious Singapore Business Review (SBR) Technology Excellence Awards 2025. This recognition underscores Primech AI’s commitment to innovation and leadership in the robotics industry and its ongoing efforts to drive technological advancements that enhance productivity and transform industries.
The SBR Technology Excellence Awards celebrate the achievements of Singapore’s top technology companies and innovators, highlighting organizations that have made significant contributions to the nation’s digital transformation journey. As detailed in the official SBR announcement, this year’s ceremony recognized outstanding projects and solutions shaping the future of technology in Singapore and beyond.
Primech AI’s award-winning robotics solutions have set new benchmarks for efficiency, reliability, and intelligent automation. HYTRON model incorporates the NVIDIA Jetson Orin Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications. Known for its compact size and powerful AI capabilities, the NVIDIA Jetson Orin Super facilitates high-energy efficiency and superior AI processing at the edge, empowering HYTRON to deliver enhanced performance in autonomous toilet cleaning. By leveraging cutting-edge artificial intelligence, Primech AI continues to develop advanced robotic systems that address the evolving needs of businesses across multiple sectors.
“We are honored to be recognized by the Singapore Business Review for our contributions to robotics and technology innovation,” said Charles Ng, Co-Founder and Chief Operating Officer at Primech AI. “This award is a testament to the dedication and ingenuity of our team, and it motivates us to continue pushing the boundaries of what robotics can achieve for our clients and the community.”
For more information about the SBR Technology Excellence Awards 2025 and the full list of winners, please refer to the official announcement by Singapore Business Review.
About Primech AI Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visitwww.primech.ai.
About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. 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 that such expectations will be correct. 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.
Healthpeak Properties, Inc. (NYSE: DOC): A Leading Healthcare-Focused REIT
SAN FRANCISCO, June 10, 2025 (GLOBE NEWSWIRE) — Healthpeak Properties, Inc. (NYSE: DOC) is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery. The company owns a national portfolio composed of 700 properties totaling nearly 50 million square feet.
Advisor Access spoke with Scott Brinker, President and CEO of Healthpeak Properties.
Advisor Access:Would you provide an overview of Healthpeak and explain its niche position among REITs?
Scott Brinker: Healthpeak Properties is a leading healthcare-focused REIT with a nearly 50 million square foot portfolio spanning outpatient medical, life sciences, and senior housing. Our properties sit at the intersection of real estate and healthcare innovation…
AA:In 2024, Healthpeak completed a merger with Physicians Realty Trust. What are some of the benefits of this merger?
SB: The merger was driven by a simple question: Are we stronger together than alone? A year later, the answer is a resounding yes.
Financially, the merger has been a huge success. We exceeded our first-year synergy targets by more than 25%, and now expect total synergies north of $65 million…
AA:Healthpeak recently announced a dividend increase at a time when many REITs face headwinds in an environment of higher interest rates and changing market conditions. What sets Healthpeak apart that makes this possible?
SB: Our capital allocation decisions have put our portfolio, balance sheet, and liquidity in an enviable position…
AA:How is Healthpeak positioned for long-term growth and value creation?
SB: We’re aligned with powerful, long-term healthcare trends…
AA:Do you have any final takeaways for our readers on Healthpeak?
SB: At Healthpeak, we focus on delivering mission-critical, irreplaceable healthcare real estate…
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (Nasdaq: “STSS” and “STSSW”) (“Sharps”), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart safety syringe products to the healthcare industry, today announced that Robert Hayes, CEO, will present live at the Life Sciences Virtual Investor Forum hosted by VirtualInvestorConferences.com, on June 12th, 2025 at 9:30 AM ET.
Sharps recently announced that the Company has commenced shipments under three customer orders tied to previously announced purchase agreements. These shipments represent the Company’s first commercial deliveries and its transition to revenue-generating operations. All products are being manufactured and shipped from Sharps’ facility in Hungary, which has undergone significant upgrades to support high-volume production. Read the update releaseHERE.
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
About Sharps Technology: Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart-safety syringe products to the healthcare industry. The Company’s product lines focus on providing ultra-low waste capabilities, that incorporate syringe technologies that use both passive and active safety features. Sharps also offers products that are designed with specialized copolymer technology to support the prefillable syringe market segment. The Company has a manufacturing facility in Hungary. For additional information, please visit www.sharpstechnology.com.
Investor Contact: Holdsworth Partners Adam Holdsworth Phone: 917-497-9287 Email:IR@sharpstechnology.com
FORWARD-LOOKING STATEMENTS: This press release contains “forward-looking statements”. Forward-looking statements reflect our current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” “poised” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements, include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity, and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to raise capital to fund continuing operations; our ability to protect our intellectual property rights; the impact of any infringement actions or other litigation brought against us; competition from other providers and products; our ability to develop and commercialize products and services; changes in government regulation; our ability to complete capital raising transactions; and other factors relating to our industry, our operations and results of operations. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance, or achievements. The Company assumes no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Virtual Investor Conferences: John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com
TORONTO, June 10, 2025 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) — Canada’s #1 rated* online brokerage — is honoured to share that it has retained the title of MoneySense’s Best Online Broker in Canada for 2025, landing atop the ranking for a third consecutive year. The annual MoneySense review, conducted in partnership with research firm Surviscor, assesses and compares Canadian online brokerages across four pillars of investor experience including desktop and mobile platforms, service efficacy, and commissions and fees.
“Reclaiming the title of Best Online Broker in Canada adds to an already eventful year for Questrade with our move to offer $0 commission trading alongside our introduction of real-time fractional trading and Questrade Plus,” said Rob Galaski, Chief Journey Officer, Questrade. “This recognition stands as another powerful acknowledgement of our team’s work to deliver Canada’s most complete and compelling investment offering, furthering our mission to help all Canadians become much more financially successful and secure.”
In another standout year where Questrade outperformed its peers across many of the investor experience categories, it was applauded for its surprise move to introduce $0 commission trading, as well as its reliable customer service experience, industry-leading digital investment platforms, and ongoing commitment to investor education.
“We’re proud to once again name Questrade as MoneySense’s Best Online Broker in Canada for 2025,” said Natasha Macmillan, Senior Business Director, MoneySense. “Questrade leads the way with a robust, user-focused platform that prioritizes accessibility, innovation, and exceptional service, delivering genuine value to investors at every experience level. Its unwavering commitment to enhancing the investor experience, education, and ongoing support truly sets Questrade apart from the competition.”
Adding to the repeat recognition, MoneySense’s 2025 review also named Questrade as best broker for new and seasoned investors, $0 commission trading, user experience, and account experience, highlighting the online brokerage’s attention to the evolving needs and preferences of active and passive investors alike.
Questrade, Inc. (“Questrade”) is changing the Canadian financial services industry by leveraging technology to lower fees while providing a viable alternative to traditional financial investment options, thereby allowing Canadians to Keep More of their Money. As a leader and innovator in financial services, Questrade is a trusted ally that advocates for consumers, focused on improving value. With 25 years of challenging the status quo as one of Canada’s leading, non-bank online brokerages and over $50 billion in assets under administration, Questrade and its affiliates provide financial products and services, including securities and foreign currency investments. For more information, visit www.questrade.com or on Facebook and X (formerly Twitter) @Questrade. Questrade, Inc. is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO), and a member of the Canadian Investor Protection Fund (CIPF). Questrade is a wholly owned subsidiary of Questrade Financial Group Inc.
SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) — HTX, a leading global cryptocurrency exchange, has announced the launch of the sixth phase of its Crypto Gem Hunt program. Amidst a crypto market characterized by persistent volatility, with Bitcoin fluctuating between $100,000 and $110,000, market sentiment remains largely influenced by macroeconomic policies, regulatory developments, and speculative behavior. Against this backdrop, HTX’s Crypto Gem Hunt leverages rigorous data analysis and a meticulous selection process to spotlight seven standout projects. These projects are strategically positioned for growth and demonstrate strong community engagement. The selected assets span some of today’s most dynamic sectors—including RWA/DeFi, AI, Meme, LSD, and SocialFi—and feature both promising new entrants and well-established projects that have recently outperformed broader market trends.
New Listings Shine Across a Well-Balanced Sector Mix
In May, HTX listed 23 new assets, including six stablecoins, an approach that underscores its commitment to staying at the forefront of the stablecoin trend and expanding its asset offerings. Notably, USD1 made its global debut on HTX. The token, issued by World Liberty Financial (a company backed by the Trump family), focuses on building a DeFi lending ecosystem in the United States. USD1 quickly gained traction as one of May’s most discussed projects on social media and received an S rating.
Besides USD1, two other new assets in Crypto Gem Hunt #6 have stood out:
SYRUP (Maple Finance), a key player in the RWA/DeFi sector, experienced an impressive 117.7% surge following its listing on May 8, earning an A rating. SYRUP is the native token of Maple, a decentralized lending protocol that allows users to deposit USDC, receive syrupUSDC, and earn yield. All loans are collateralized by digital assets, ensuring both strong security and sustainable returns.
KAITO, an innovator in the InfoFi/AI sector, recorded a remarkable 263.6% increase since its listing on HTX on February 23, securing an A rating. KAITO is building an AI-driven crypto information network that streamlines content distribution among creators, users, and capital. By empowering the content ecosystem, KAITO is positioning itself at the forefront of the convergence between crypto and AI.
Despite continuous shifts in market dynamics, a select group of earlier-launched projects are demonstrating remarkable resilience. Backed by strong product fundamentals and vibrant community support, they’ve recently returned to the spotlight with evolving narratives and renewed momentum, capturing the attention of both investors and users.
Two Meme projects from last September, MOODENG and NEIROCTO, serve as notable examples:
MOODENG, built on the Solana (SOL) chain, surged an incredible 961.5% and received an A rating. Inspired by the famous pygmy hippopotamus from Thailand, MOODENG’s unique design, strong community, and viral momentum propelled it to a nearly tenfold increase post-launch.
NEIROCTO (First Neiro On Ethereum) is community-driven and carries on the spirit of Doge. Since its launch on September 7, 2024, it has seen a peak increase of 235%. Through consistent operational efforts and content-driven initiatives, NEIROCTO has cultivated a highly engaged Meme community.
ETHFI (ether.fi), launched in March 2024, emerged during the boom of the LSD sector and has since recorded a 258.7% increase. With rising interest in LSD solutions within the Ethereum ecosystem, ETHFI shows strong growth potential and a solid track record.
MASK (Mask Network), launched in 2021, is a SocialFi project that recently gained 187.3%. Acting as a bridge between Web2 (traditional internet) and Web3 (decentralized internet), MASK integrates decentralized applications into mainstream social media via a browser plugin. Recent feature updates and community efforts have significantly contributed to its price recovery.
HTX Crypto Gem Hunt Empowers Users Across Market Cycles
To date, HTX has launched six rounds of its Crypto Gem Hunt program. The latest selection features not only high-growth new assets from emerging sectors but also established projects that have recently delivered strong performance. Together, these assets offer users a well-balanced portfolio—combining defensive stability with high-upside potential.
Looking ahead, HTX Crypto Gem Hunt will continue to empower users through professional, intuitive asset discovery supported by robust data and forward-looking analysis.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
Disclaimer: This is a paid post and is provided by HTX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
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FORT LEONARD WOOD, Mo., June 10, 2025 (GLOBE NEWSWIRE) — Overland AI’s fully autonomous tactical vehicles, ULTRA, were deployed across 15 live mission scenarios to comprehensively demonstrate end-to-end, Soldier-operated ground autonomy.
ULTRA, Overland’s fully autonomous tactical vehicle, operating in dense forest and utilizing tree line for cover during mission scenarios at Fort Leonard Wood, Mo.
Soldiers from the 555th, 36th, and 20th Engineer Brigades, and the 173rd Airborne Brigade, executed these 15 missions using two ULTRAs. They also leveraged Overland’s tactical C2 interface, OverWatch, to plan, execute, and adapt operations on the fly. From pre-operation vehicle checks, payload swaps and munition loading, to mission planning and execution in OverWatch, the experimentation event was conducted almost entirely by end users.
“This was a particularly unique event,” said Chris Merz, who serves as the director of product at Overland AI. “Nearly every phase of the operation—from munition loading to software-based replanning—was in the hands of the Soldier. We saw real independence from the operator, not just in planning and execution, but in adapting tactics in real time.”
ULTRA deploying smoke deception to confuse the enemy and create an element of surprise during a day mission in wooded terrain.
Participating units were tasked with planning complex, multi-vehicle missions. Soldiers used ULTRA’s modular platform for kinetic and electronic warfare breaching, terrain shaping with XM204s, deception, obscuration, and delivery of third-party payloads, including uncrewed aerial vehicles (UAV) and electronic warfare (EW) capabilities.
Overland’s autonomy stack is highly adaptable in the field. Some operators re-tasked vehicles mid-mission in response to enemy activity and adjusted payload configurations under time pressure with little notice. Other operators, planning two simultaneous terrain-shaping missions with over 20 checkpoints and five tasks per vehicle, took less than three minutes to plan.
A Soldier from the 555th Engineer Brigade plans a series of missions with ULTRAs using OverWatch, Overland’s intuitive, tactical command and control (C2) interface.
“Our mission is to empower the Armed Forces to dominate any and all missions they need to accomplish,” said Byron Boots, co-founder and chief executive officer of Overland AI. “This wide-ranging event showed that Soldiers both trust our autonomous land systems and can leverage our versatile capability from start to finish.”
Overland AI remains committed to advancing autonomous military technologies, having previously secured an $18.6 million contract with the U.S. Army and the Defense Innovation Unit (DIU) to develop autonomy software for the Army’s Robotic Combat Vehicle (RCV) program. The company continues to support a range of U.S. military programs, including the U.S. Army, Marine Corps, and Special Operations Command.
To learn more about Overland AI and see open roles, visit www.overland.ai. About Overland AI Founded in 2022 and headquartered in Seattle, Washington, Overland AI is powering ground operations for modern defense. The company leverages over a decade of advanced research in robotics and machine learning, as well as a field-test forward ethos, to deliver advanced autonomy for unit commanders. Hazardous missions in austere and electronically denied environments demand that this technology is reliable and resilient. Overland AI’s SPARK autonomy upfit and OverDrive stack enable ground vehicles to navigate off-road without GPS or direct operator control. The company built its fully autonomous tactical vehicle, ULTRA, in-house by integrating SPARK and OverDrive into a modular and attritable platform that is currently in production. Overland AI developed OverWatch, its intuitive C2 interface, to provide commanders with the precise coordination of autonomous ground systems that is vital for complex missions to succeed. Overland AI has achieved the end-to-end integration of ground autonomy, from operator to effect, and is putting this capability into the hands of tactical operators today.
SUNNYVALE, Calif., June 10, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the software framework company for physical AI systems, is proud to announce its recognition as one of this year’s Best Workplaces in the Bay Area by Fortune magazine and Great Place To Work®. This marks RTI’s third appearance on the prestigious list, ranking No. 26 in 2025. Earning a spot means that RTI has surpassed rigorous benchmarks, establishing itself as one of the best workplaces among companies headquartered in the San Francisco Bay region.
“This region is a hub of innovation, creativity and collaboration, and those transformative values are woven into the very fabric of our culture,” said Stan Schneider, CEO of RTI. “This recognition as a leading workplace isn’t just about our achievements; it’s a direct reflection of the incredible dedication and spirit of the people at RTI. They are the ones who make our mission a reality, bringing it to life day after day. To be celebrated as one of the Best Workplaces in the Bay Area for the third time is a tremendous honor, and something we are deeply proud of.”
RTI’s culture, known internally as “1RTI,” focuses on inclusion, transparency, and connection, uniting a globally distributed workforce under shared values. Through regular company-wide events, flexible work policies, and open communication, RTI encourages meaningful engagement and career growth. In 2025, 93% of U.S.-based employees said RTI is a great place to work—36 points higher than the national average.
The Best Workplaces in the Bay Area list is highly competitive. Survey responses reflect a comprehensive picture of the workplace experience. Honorees were rewarded based on their ability to deliver positive outcomes for employees regardless of role or status within the organization.
“Congratulations to the Fortune Best Workplaces in the Bay Area,” says Michael C. Bush, CEO at Great Place To Work. “These companies prove that prioritizing people leads to better performance, and that leaders who invest in their people are rewarded with more sustainable and profitable businesses.”
In addition to this recognition, RTI was also Great Place To Work Certified™ in both the U.S. and Spain earlier this year for the seventh consecutive time, further underscoring its global reputation for workplace excellence.
WE’RE HIRING! Looking to grow your career at a company that puts its people first? Visit our careers page at: rti.com/company/careers
Don’t meet every single requirement? At RTI, we are dedicated to building an inclusive and authentic workplace. So, if you’re excited about this role but your past experience doesn’t perfectly align with all qualifications in the job description, we encourage you to apply anyway. You may be just the right candidate for this or another one of our open roles.
About RTI
RTI is the software framework company for physical AI systems, with a mission to run a smarter world. RTI Connext® provides the data architecture for over 2,000 designs in Aerospace and Defense, Medtech, Automotive, and Robotics – running in more than $1T of total deployed systems worldwide. Only RTI combines decades of technical expertise with industry-leading software and tools to develop smarter systems, faster. Learn more at www.rti.com.
NORWALK, Conn., June 10, 2025 (GLOBE NEWSWIRE) — CUSIP Global Services (CGS) today announced a collaboration with Aumni, Inc. (“Aumni”), a J.P. Morgan company specializing in venture capital data solutions, to expand CUSIP coverage for venture-backed and private equity-owned private companies. This expanded coverage provides standardized identifiers for company issuers and their financial instruments, thereby increasing efficiency, accuracy, and security in reporting, settlement, and analytics for venture capital firms, private equity firms, and their investors.
The CUSIP is a nine-character alphanumeric security identifier that captures the unique attributes of issuers and their financial instruments throughout the U.S. and Canada. Widely recognized as a trusted standard in the financial markets, the CUSIP is a foundational building block that allows for efficient trading, clearing, and settlement across dozens of asset classes. Private equity markets have historically not had a standard identifier, resulting in the use of manual, error-prone solutions for security tracking and identity resolution.
“This collaboration marks a significant step forward in enabling the same level of efficiency in private markets that public markets have enjoyed for decades. By standardizing private company identifiers, we are paving the way for more streamlined operations and better decision-making for all market participants, which we feel is becoming ever more important as these alternative asset classes continue to grow,” said Scott Preiss, Senior Vice President and Global Head, CGS. “This exciting collaboration with Aumni helps CGS fulfill its mission, as directed by our industry-appointed Board of Trustees, to keep innovating and expanding the depth and breadth of CUSIP coverage as new market needs develop.”
Aumni is a leading software platform for private market investors to manage investment portfolio data, analytics, and insights. By combining Aumni’s expertise in private market data structuring with CGS’s Private CUSIP assignment capabilities and reputation as a trusted provider of capital markets reference data, customers will benefit from rich company- and security-level metadata to support portfolio management.
“We are excited to work with CGS on providing standardized security identifiers to the venture capital and private equity space,” said Alex Woodgate, Head of Corporate Development and Data Solutions at Aumni. “Consistent reference data for private securities will simplify reporting and enable efficiencies for GPs and LPs, and unlock further innovation opportunities for the private markets ecosystem.”
Beginning today, existing CGS customers will gain access to a free version of the Private CUSIP feed alongside their existing products and services. Customers can choose to upgrade to a premium service, adding a larger pool of company and security identifiers, additional metadata for each identifier, and the ability to request new identifiers.
About CUSIP Global Services CUSIP Global Services (CGS) is the global leader in securities identification. The financial services industry relies on CGS’ unrivaled experience in uniquely identifying instruments and entities to support efficient global capital markets. Its extensive focus on standardization over the past 50 plus years has helped CGS earn its reputation as the industry standard provider of reliable, timely reference data. CGS is also a founding member of the Association of National Numbering Agencies (ANNA) and co-operates ANNA’s hub of ISIN data, the ANNA Service Bureau. CGS is managed on behalf of the American Bankers Association (ABA) by FactSet Research Systems Inc., with a Board of Trustees that represents the voices of leading financial institutions. For more information, visit www.cusip.com.
For More Information:
John Roderick J. Roderick Public Relations for CUSIP Global Services john@jroderick.com +1 (631) 584.2200
CAMBRIDGE, United Kingdom, June 10, 2025 (GLOBE NEWSWIRE) — Subscription brands are pulling away from digital advertising. According to a new industry-wide study from Bango (AIM: BGO), 48% of subscription leaders report diminishing returns from traditional direct acquisition methods like paid search and paid social media. A further 53% warn that direct marketing is becoming “unsustainable” as customer acquisition costs spiral.
The report — Gravity Shift: Subscribers, bundles, and the acquisition black hole — captures responses from more than 200 senior executives at subscription-based businesses, spanning sectors from AI productivity apps to streaming services, retail, and finance. It reveals a stark reality: the performance marketing model that powered subscription growth over the last decade is under serious strain.
“Direct marketing used to be a reliable engine for growth. Now it’s a black hole,” said Anil Malhotra, CMO at Bango. “When nearly half your industry says ROI is vanishing, alarm bells should be ringing. It’s time to rethink how subscriptions go to market.”
Key findings:
88% of subscription brands expect direct acquisition costs to rise in 2025, with nearly one in three forecasting increases of over 25%.
80% are cutting back on at least one paid channel, including:
Paid search ads (33%)
Display advertising (30%)
Paid social ads (29%)
46% of leaders describe direct marketing spend as a “black hole” for their budgets.
53% believe direct channels are no longer a sustainable path to growth.
What’s driving the pullback?
Executives cited rising ad costs, algorithm changes, data privacy limits, and subscriber fatigue as the most pressing challenges. Compounding this, many brands report hitting the ceiling on their ability to profitably scale one-to-one acquisition.
“Netflix spends nearly $3 billion a year on marketing. That’s simply not feasible for the rest of the market,” said Giles Tongue, subscription expert at Bango. “Most brands don’t have the scale to absorb that kind of spend, especially when the returns are eroding. Direct-to-consumer marketing is hitting diminishing returns, and leaders are now looking for smarter, more sustainable ways to grow.”
Where the money is going
Rather than doubling down, brands are reallocating budget toward indirect acquisition strategies, such as bundling, partnerships, and aggregator platforms. According to the report:
82% of brands plan to increase investment in indirect channels this year.
90% are already bundling — or plan to — in 2025.
72% say indirect routes bring in higher quality subscribers than direct channels.
Among the fastest-growing channels: partnerships with telcos, banks, device platforms, and social media platforms. Over a quarter of brands (27%) are joining “Super Bundling” platforms like Verizon myPlan and myHome to reach new audiences without high upfront acquisition costs.
Bango’s recent consumer data also supports the shift: 62% of U.S. subscribers would prefer to manage multiple subscriptions through a single bundle, and 44% already get at least one subscription free as part of a packaged deal. Among younger users, these numbers are even higher — 55% of 18–24-year-olds now receive a bundled subscription they previously paid for directly.
Tongue added: “We’re seeing a clear shift from the subscription economy to the bundle economy. Consumers don’t want to manage ten separate subscriptions — they want value, convenience, and flexibility. The brands that win in this next phase will be the ones that package their offerings in ways that reflect how people actually want to buy.”
Implications beyond the subscription market
The findings come at a critical time for digital advertising giants like Google, Meta, and TikTok — whose earnings rely heavily on performance ad spend. If subscription leaders are a bellwether, Bango’s findings suggest we could be entering a post-performance marketing era, where distribution partnerships replace ad impressions as the metric that matters.
Bango expects the pivot to indirect acquisition and bundling to drive a wave of commercial opportunity for its Digital Vending Machine® (DVM™) platform. Bango’s DVM currently powers many of the world’s leading Super Bundling platforms, including Verizon myPlan and myHome, and supports acquisition for major services such as Netflix, Amazon Prime, Disney+, Uber, YouTube, and Xbox. With 90% of subscription leaders now investing in bundling, the DVM is well placed to capitalize on the wider industry adoption and accelerated growth of indirect marketing through 2025 and beyond.
Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscription economy, powering choice and control for subscribers.
The world’s largest content providers, including Amazon, Google and Microsoft, trust Bango technology to reach subscribers everywhere.
Bango, where people subscribe. For more information, visit www.bango.com
An investment in the ETFs provides investors daily leveraged & short exposure to the underlying stock: Strategy (MSTR).
GraniteShares’s leveraged ETFs seek daily investment results, before fees and expenses, that correspond to 2 times (200%) the daily percentage change of the respective common stocks. GraniteShares’s short ETFs seek daily investment results, before fees and expenses, that correspond to -2 times (-200%) the daily percentage change of the respective common stocks. These funds are designed for sophisticated investors looking to capitalize on short-term movements in the underlying stocks.
High-Conviction Exposure to the Technology Company
MicroStrategy Incorporated, based in Tysons Corner, Virginia, delivers AI-powered enterprise analytics software and services to clients worldwide across various industries. Known as Strategy, the company offers tools like Strategy One and HyperIntelligence to provide actionable insights and seamless data access. Alongside its analytics solutions, MicroStrategy has adopted Bitcoin as its primary treasury reserve asset, accumulating it through financing and offering investors exposure to Bitcoin via its securities.
Designed for Tactical Traders
The new leveraged ETFs provide traders with a tool to gain leveraged exposure to these stocks, making them a potential consideration for those looking to execute short-term tactical trades.
“We continue to expand our suite of leveraged ETFs to meet the demand for high-conviction trading opportunities,” said Will Rhind, Founder of GraniteShares. “With the launch of MSTP and MSDD, we are providing investors with targeted tools to access some of the most exciting companies in AI, cloud computing, and Consumer Discretionary.”
GraniteShares is an entrepreneurial ETF provider focused on high-conviction investment solutions. The firm offers a range of innovative ETFs spanning leveraged, inverse, and high-yield strategies, empowering investors with differentiated tools for portfolio construction. Founded in 2016, GraniteShares has grown rapidly by delivering cutting-edge solutions tailored to modern market needs. For more information, visit www.graniteshares.com.
Media Contact: GraniteShares Inc. Attn: Media Relations 222 Broadway, 21st Floor New York, NY 10038 844-476-8747 info@graniteshares.com
RISK FACTORS AND IMPORTANT INFORMATION
This material must be preceded or accompanied by aProspectus. Carefully consider the Fund’s investment objectives risk factors, charges and expenses before investing. Please read the prospectus before investing.
The Fund is recently organized June 09,2025. As a result, prospective investors do not have a track record or history on which to base their investment decisions. There can be no assurance that the Funds will grow to or maintain an economically viable size.
The Fund is not suitable for all investors. The investment program of the funds is speculative, entails substantial risks and include asset classes and investment techniques not employed by most ETFs and mutual funds. Investments in the ETFs are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Stock’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day.
The Fund seeks daily leveraged investment results and are intended to be used as short-term trading vehicles. This Fund attempts to provide daily investment results that correspond to the respective long leveraged multiple of the performance of its underlying stock (a Leverage Long Fund).
Investors should note that such Leverage Long Fund pursues daily leveraged investment objectives, which means that the Fund is riskier than alternatives that do not use leverage because the Fund magnifies the performance of its underlying stock. The volatility of the underlying security may affect a Funds’ return as much as, or more than, the return of the underlying security.
Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock’s performance increases over a period longer than a single day.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.
An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.
This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.
MILPITAS, Calif., June 10, 2025 (GLOBE NEWSWIRE) — TurnOnGreen, Inc. (OTC: TOGI) (“TurnOnGreen” or the “Company”), together with its division Digital Power Corporation (“DPC”), a recognized leader in custom-engineered power solutions, announced that its contract backlog has grown to $7.5 million.
This expanded backlog reflects strong demand for DPC’s innovative, mission-critical power systems across multiple industries, including military and defense, industrial, medical, e-mobility, and telecommunications. The awarded contracts involve the design and production of advanced, ruggedized power systems engineered to perform reliably in extreme environments while meeting stringent operational requirements.
TurnOnGreen and DPC specialize in custom, scalable solutions tailored to the unique needs of its global customer base. Their high-grade uninterruptible power supplies and integrated power platforms are deployed across diverse sectors, including land, sea, and airborne applications. These systems especially support essential military operations by meeting strict environmental and operational standards required by global defense OEMs.
“Digital Power’s proven track record in delivering complex and bespoke power solutions is a testament to our commitment to technical innovation and customer satisfaction,” said Amos Kohn, Chairman and CEO of TurnOnGreen. “This growing backlog not only reflects the trust our customers place in us, but also reinforces our dedication to consistently meet demanding specifications, tight timelines, and budget requirements across diverse industries and market sectors.”
About TurnOnGreen
TurnOnGreen Inc. (OTC:TOGI) designs and manufactures innovative, high-performance power solutions for mission-critical applications in some of the world’s most demanding environments. Serving diverse industries, including defense and aerospace, medical and healthcare, industrial, telecommunications, and e-Mobility, TurnOnGreen seeks to deliver cutting-edge, reliable power technologies tailored to meet complex operational needs. With over 50 years of expertise, TurnOnGreen leverages decades of experience to develop customer-driven solutions that drive innovation and efficiency. The company collaborates closely with clients to engineer advanced products that enhance performance, sustainability, and reliability across multiple sectors.
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors including a change in future projected revenue due to modification or cancellation of orders. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.TurnOnGreen.com.
WINTER PARK, Fla., June 10, 2025 (GLOBE NEWSWIRE) — Adia Nutrition Inc. (OTCQB: ADIA), based in Winter Park, Florida, focused on advancing regenerative medicine through stem cell therapies and nutritional solutions, today announced that Larry Powalisz, Chief Executive Officer, will present live at the Life Sciences Virtual Investor Forum, hosted by VirtualInvestorConferences.com, on June 11th, 2025.
DATE: June 11th, 2025 TIME: 2:00 PM ET LINK: REGISTER HERE Available for 1×1 meetings: June 12-13
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Opened Adia Med clinic in Winter Park, FL, in January 2025, offering Autologous Hematopoietic Stem Cell Transplantation (aHSCT) for multiple sclerosis and autoimmune conditions.
Expanded regenerative therapies with two premier stem cell and exosome products, Adia Vita, an FDA-registered 361 HCT/P umbilical cord stem cell product containing 100 million viable cells and 3 trillion exosomes per unit and AdiaLink, an FDA-registered 361 HCT/P exosome product containing 3.5 trillion exosomes per unit.
Secured licensing agreements to meet global demand for Adia Med’s regenerative therapies, announced June 9, 2025.
Established subsidiaries Adia Labs LLC and Adia Med of Tinton Falls LLC to distribute and provide innovative treatments nationwide.
For questions, inquiries or further information, please contact Larry Powalisz at ceo@adiamed.com or 321-788-0850.
About ADIA Nutrition Inc.: Adia Nutrition Inc. is a publicly traded company (OTCQB: ADIA) dedicated to revolutionizing healthcare and supplementation. With a focus on innovation and quality, the company has established two key divisions: a supplement division providing premium, organic supplements, and a medical division establishing Clinics that specialize in leading-edge stem cell therapies, most significantly Umbilical Cord Stem Cells (UCB-SC) and Autologous Hematopoietic Stem Cell Transplantation (aHSCT) treatments. Through these divisions, Adia Nutrition Inc. is committed to empowering individuals to live their best lives by addressing both nutritional needs and groundbreaking medical treatments.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company’s current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.
About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings, and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Virtual Investor Conferences John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Brandon Werley, Managing Director at Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their owners, has been named a recipient of the 2025 Emerging Leaders Award from M&A Advisor magazine.
The 16th Annual Emerging Leaders Awards celebrate the accomplishments of M&A, finance and turnaround professionals whose significant level of success while still under the age of 40 establishes them as the industry’s emerging leaders. Brandon is the second DCG team member to receive this honor: in 2023, Brian Traugott, Chief of Staff, was also named an Emerging Leader.
“Brandon’s recognition as an Emerging Leader by M&A Advisor is a proud moment for all of us at DCG,” said CEO Dave Cantin. “His rapid rise and the trust he’s earned from major clients reflect not only his deep industry knowledge, but also his relentless work ethic and integrity. Brandon embodies the next generation of leadership in automotive M&A, and we’re honored to have him helping shape the future of our company and our industry.”
Since starting his professional career in 2018, Brandon’s path has taken him from Big Four accounting firm KPMG to Haig Partners, Withum and now Dave Cantin Group, where he helps companies strategically grow through acquisitions and optimize their portfolios through divestitures.
Brandon has advised on more than 70 completed transactions, overseeing everything from valuations and financial due diligence to negotiations and closings. He played pivotal roles in landmark deals such as Apollo Global Management’s $585 million acquisition of 34 dealership properties from Capital Automotive Real Estate Services Inc. (2019) and the sale of 17 Prime Automotive Group stores across six states (2020-2021). His expertise has contributed to strategic transactions with major dealership groups such as Lithia Motors, Asbury Automotive Group, Atlantic Coast Automotive and Open Road Capital, among several other Top 150 Dealership Groups.
Based in Pennsylvania, Brandon continues to play a key role at Dave Cantin Group, which is on track to have one of its most active advisory years in the company’s history.
About Dave Cantin Group
The Dave Cantin Group is a leading automotive M&A advisory company specializing in acquisitions, divestitures, intelligence, and other advisory services. The company is the M&A services provider of choice for North America’s top automotive dealership groups, advising on approximately 40 transactions annually. DCG is differentiated by its advisory approach, long-term lens on client relationships, and commitment to market intelligence tools that inform DCG and client strategies. In 2023, DCG became the only retail automotive M&A company with a significant strategic investor, welcoming Kaltroco to the DCG family.
Through its M&A intelligence division, DCG produces automotive content and delivers relevant, timely marketing intelligence, including the automotive industry Market Outlook Report (MOR). Together with CBT News, DCG produces the Inside M&A studio show and podcast to share stories, news and trends impacting the retail automotive industry. DCG’s proprietary AI-enabled software, Jump IQ, anchors its advisory services that support retail automotive dealers in developing informed M&A strategies and making smarter M&A decisions.
The company’s nonprofit initiative, DCG Giving, funds child and adolescent cancer research and treatment in communities nationwide and other worthy charitable initiatives. DCG team members regularly feature on the industry speaking circuit and are regularly cited by top national and global news outlets. For more information, please visit davecantingroup.com.
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Order.co, the world’s leading B2B Ecommerce Platform, today announced its release of an exclusive report, The State of AI in Procurement, Finance & Operations: 2025 Benchmark Report, detailing how back-office teams leverage AI based on a survey of 100+ professionals in procurement, finance, and accounting roles. Participants ranged from individual contributors to C-Suite leaders across a diverse range of industries, including retail, property management, health and wellness, nonprofits, and more.
The report breaks down the impressive results that early AI adopters have already achieved, analyzes the most common barriers to adoption, and offers a 7-stage AI adoption maturity model to help businesses succeed in their AI initiatives.
“AI transformation is happening in the back office faster than people might realize,” said Matt Garippa, Chief Business Officer and Co-founder at Order.co. “Whether teams are just getting started or are well into their AI adoption journey, understanding real-world use cases can help them move faster and avoid costly missteps. The businesses that will come out ahead are the ones taking action now, not waiting on the sidelines.”
Key findings from the report:
70% of organizations are actively exploring AI, yet only 11% have fully implemented it
Early AI adopters report transformational results:
Up to 50% cost savings
31–50% faster workflows
75% fewer procurement errors
91.7% of procurement teams are leveraging or planning to use AI for advanced spend analysis
80% of finance teams use AI for fraud detection and anomaly monitoring
83% of operations teams report AI as essential for process optimization and workflow automation
The report also features direct quotes from survey respondents, offering firsthand insights into how they plan to leverage AI in their specific roles. One Billing & Supplies Coordinator at a Law Firm shared, “I’m hopeful that with Generative AI, we’ll be able to assess costs more quickly and develop a better spending plan with improved item organization.” From a procurement and operations perspective, a Senior Director of Operations in the Retail Industry noted, “AI-driven analytics will likely enhance our ability to forecast demand more accurately, optimize supply chains, and even predict maintenance needs for physical products.”
Order.co simplifies business buying by combining the ease of online shopping with the sophistication of world-class purchase order and AP automation. The result? Businesses cut costs and complexity with every order.
Hundreds of companies, like WeWork and Hugo Boss, leverage Order.co to centralize purchase-to-pay workflows, scale operations, and gain total control over spending – saving an average of 5% on products. Founded in 2016 and headquartered in New York City, Order.co has raised $50M in funding from industry-leading investors like MIT, Stage 2 Capital, Rally Ventures, 645 Ventures, and more.
Media Contact
Allison Reich Senior Manager of Brand, Content & Enablement Allison.reich@order.co
Source: United Kingdom – Executive Government & Departments 2
Speech
Peter Kyle’s speech at London Tech Week 2025
A speech delivered by Secretary of State for Science, Innovation, and Technology, Peter Kyle, at London Tech Week on Tuesday 11 June 2025.
Last Thursday, I was in Salford for a CyberFirst event.
Hundreds of girls from across Greater Manchester were there.
Some of them were busy playing e-sports, hidden behind VR goggles.
Others were programming robots – or learning how to pitch a tech business.
But all of them said the same thing.
They were excited for the future they were starting to see. And what it meant for them
What really struck me was their ambition, hope and sheer enthusiasm.
It was as humbling as it was inspirational: but it made me think.
In government, we spend so much time talking about risk.
What happens if reform goes wrong?
Who is responsible – and who do we hold to account?
We often talk about making the state feel more like a start-up.
Less slow and static.
More agile and active.
But we have unique obligations to our citizens that we simply cannot ignore.
Duties to defend our national security and protect public health.
To make our streets safer and borders stronger.
It is understandable that these obligations might make us more cautious about change.
But, when countries or institutions become preoccupied with avoiding risk, they risk resisting innovation.
They might delay reform.
They might grasp too tightly to the here and now…
…and lose sight of the possibilities tomorrow could bring.
When this happens, caution slides into complacency.
Incrementalism gives way to inertia.
Worrying about getting every aspect of change right becomes fear of change itself.
And fearing the challenge of change is the fastest route for a great nation to become mired in stagnation.
When I spoke at London Tech Week last year, that’s what I saw.
Our citizens, they wanted change.
The sector wanted change.
But a refusal to face up to the risks change brings – or face down resistance to it…
…meant that government after government were stuck with a model we all knew was failing.
Suddenly, the real risk wasn’t trying something new.
It was doing nothing at all.
People waited months for hospital appointments.
Young people couldn’t find a good job in the town they called home.
Businesses unable to innovate, unable to invest, or unable to grow.
Stifled by a regulatory regime that was stuck in the past.
Unsure about whether to waste time applying for government contracts – because they always seemed to favour the same old suspects.
Undecided about whether to stay here in the UK – because they just couldn’t access the capital they needed to grow.
Too often in the last decade, Britain felt like a country short on ambition, long on apathy.
Where optimism shrank in the face of opposition.
On this stage last year, I said it was time for a change.
Time to seize the power of technology.
And wield it to deliver us towards a better future.
That is exactly what we’ve done.
I said we’d tear up planning rules.
And we have, making it easier to build the infrastructure that powers our digital economy.
I said we’d radically reform regulation.
And we have, cutting the time it takes to get new products and services onto the market and into people’s hands.
I said we’d design new digital tools with a streamlined state and make engaging with government easier than it’s ever been before.
And we have, from a digital driving licence and an app that will put public services into people’s hands.
To a new tool that will digitise decades-old planning records in minutes, slashing the time it takes to make decisions and get millions of new homes built right across our country.
And a platform that lets people in the public sector rate and review tech products, saving over a billion by helping councils and schools get better deals faster.
Now none of that has been without risk.
In early trials, the government chatbot we built started speaking French.
I’m relieved to tell you that, after a brief flirtation with life across the Channel, it’s firmly back on British soil.
But – even if its identity crisis had lasted a little longer – how many people would rather we’d stopped at the first sign of trouble?
What’s a bonjour here, an au revoir there….
… compared to hours spent on hold, waiting to work out whether your benefit payment has been made and made on time?
Trawling through webpage after webpage to work out what you need to do to start a business?
Because our choice actually was a simple one.
Towards a future that is bright, bold, but risky.
Or back to more of the same: stagnation and a slow but certain slide into decline.
Today, we find ourselves at another critical moment.
The risks we take – and the investments we make – will determine the path our country follows in the decades to come.
And we must once again seize the opportunities in front of us with courage and conviction.
A new partnership between my department, Imperial College and the World Economic Forum will see London host the new Centre for AI-Driven Innovation.
This is the first World Economic Forum Global Centre to be based right here in Britain.
Focused on accelerating the adoption of AI, it will ensure that we can embed AI across our economy and put it to work for working people.
And this is just the start.
Boston might be the birthplace of biotech.
But – with Google DeepMind on one side and the Crick on the other – King’s Cross is emerging as a global powerhouse for AI-driven drug discovery.
Today, we’re launching a new project, OpenBind, to create the world’s largest database explaining how drugs interact with the proteins they target.
20 times bigger than all the data collected worldwide over the last half a century, OpenBind will provide an exceptionally detailed picture of how diseases work.
And it could cut the cost of developing new treatments by up to £100 billion.
The results for the health of our people, our nation and our economy could be revolutionary.
As Demis Hassabis said himself, this is a brilliant initiative for UK science.
But initiatives like this will only succeed if we can attract top global talent.
Our tech success story wouldn’t have been possible without brilliant people choosing time and time again to call Britain home.
In an ever more competitive world, we simply cannot afford to lose that status.
So, we’ll be introducing a new scheme to attract the brightest and best brains to Britain.
Today, I can announce that we’re working with Advanced Research and Invention Agency (ARIA) and Pillar to double Encode AI for Science Fellowships and get top AI talent from around the world working in UK labs.
We’re also launching Turing AI Global Fellowships, which will bring AI experts from across the world to the UK and support them to carry out cutting-edge research.
At the same time, we’re starting a national skills drive at home, giving over a million students the chance to start careers in AI.
And creating a new generation of British leaders as our country enters the digital economic age.
Leaders just like the young people I met in Salford.
Talking to them about their hopes for the future, I couldn’t help but think about my own journey through education
Struggling with dyslexia, my teachers didn’t see any potential in me.
I was held back in remedial classes, I left at 16 with no qualifications to my name.
No sense of what the future would hold.
It wasn’t until I got a job at the Body Shop.
Until I met Anita Roddick.
And she saw something in me that I didn’t see in myself.
Sending me out to give speeches for her.
That I got over my fear of public speaking.
I then went to university.
And my life began to change.
I choose to tell that story.
Not because I think it’s unique.
I tell it because I think it’s all too common in this country.
And I think it says something about what is at stake right here today.
This government don’t take risks lightly.
Nor do we pursue change for change’s sake.
We choose the path of progressive change. To build a modern economy and opportunistic society.
We do so because any alternative leaves Britain poorer, weaker, more vulnerable in a complex world.
Less able to promote and protect our prosperity and security for all our citizens.
In the last year, the work of progressive change has begun.
But we will only succeed if you take risks, too.
If you choose to join us in transforming Britain for the better.
As the place you pick to build new data centres.
Or train new AI models.
The country you choose when you’re developing life-saving drugs.
Or designing the next generation of chips.
A bolder, brighter future for Britain is in our hands.
We’ve spent the last year getting the foundations right.
New York, N.Y., June 10, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has appointed Rick Perry, former Governor of Texas and the United States Secretary of Energy from 2017 to 2019, as the Chairman of its Executive Advisory Board.
NANO Nuclear has assembled a distinguished Executive Advisory Board comprised of high-level military, scientific and governmental experts, including former generals, members of Congress, and other U.S. and international figures. These leaders provide deep industry knowledge and important contacts to NANO Nuclear’s senior management. While each member of the Board covers a particular expertise mandate, Gov. Perry will serve as Chair of the Executive Advisory Board and lead its overall efforts to assist NANO Nuclear.
“The United States has a distinguished legacy of nuclear‑energy innovation, and I’m confident NANO Nuclear will play an essential role in the next chapter,” said Rick Perry, Chairman of NANO Nuclear’s Executive Advisory Board. “As Secretary of Energy, I advocated for nuclear power because it offers an amazing prospect for a stable, safe, and efficient source of clean power. NANO Nuclear in particular is driving advancements in nuclear energy technology with its cutting edge microreactor designs and overall commercial strategy. I’m honored to join and lead NANO’s Executive Advisory Board, and I look forward to contributing my experience as this exciting company advances its vision to become a vertically integrated leader in the nuclear power sector.”
“It is an incredible honor to welcome Governor Perry as Chairman of our Executive Advisory Board,” said Jay Yu, Founder and Chairman of NANO Nuclear. “He is a thoughtful and experienced leader, with an in-depth knowledge of U.S. energy infrastructure and a great understanding of America’s energy needs. His leadership will help guide our efforts to put the U.S. at the forefront of nuclear technology and drive the next wave of innovation, which is sorely needed as the energy demands continue to rise in support of cutting-edge artificial intelligence, datacenters and other energy intensive advancements. I am confident that his expertise will be instrumental in the near- and long-term success of our mission.”
“Governor Perry’s record of public service and advocacy for nuclear energy align perfectly with our mission,” said James Walker, Chief Executive Officer of NANO Nuclear. “The relationships he built during his decades in public service, including his tenure as U.S. Secretary of Energy, will be invaluable as we make progress towards the demonstration, construction, and licensing phases of our reactor programs and other nuclear technology. His acceptance of this position affirms the progress we’ve made and reinforces our position at the forefront of advanced reactor technology.”
John Vonglis, NANO Nuclear’s Executive Director of Global Government Affairs, who served as the Chief Financial Officer (CFO) of the U.S. Department of Energy (DOE) and acting Director of ARPA-E under Gov. Perry when he was Secretary of Energy, added “I know first-hand the importance Secretary Perry places on endeavors focused on retaining America’s primacy in all sectors, but especially energy. His extensive wealth of experience will most certainly help propel NANO Nuclear to the next level, and I welcome the opportunity to again serve with this great leader.”
Rick Perry has led a life of public service, starting in the United States Air Force and continuing over two decades in elected office. He served as the 14th Secretary of Energy from 2017 to 2019 in the first Trump administration. As Secretary of Energy, Perry worked to advance energy policies to promote American energy independence, notably backing nuclear power.
Figure 1 – NANO Nuclear Appoints Former Secretary of Energy Rick Perry as Chairman of its Executive Advisory Board.
Prior to his service as Secretary of Energy, Perry served as the 47th governor of the State of Texas. His political career began in 1985 as a representative for a rural West Texas district in the state House of Representatives, and beginning in 1990, he served two terms as Texas Commissioner of Agriculture. Perry twice sought the Republican nomination for president, running in 2012 and again in 2016.
He attended Texas A&M University and graduated with a bachelor’s degree in animal science in 1972. Between 1972 and 1977, Perry served in the United States Air Force, flying C‑130 tactical airlift aircraft in the U.S., Europe, and the Middle East; by the time of his discharge, he had attained the rank of captain.
About NANO Nuclear Energy, Inc.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.
Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.
Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.
HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.
NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.
This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements relate to the anticipated benefits to NANO Nuclear of Gov. Perry joining as Chairman of the Company’s Executive Advisory Board. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the enacted ADVANCE Act and the May 23, 2025 presidential executive orders seeking to support nuclear energy, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.