Source: United Kingdom – Executive Government & Departments 3
Press release
First meeting of defence industry body to forge new partnership and industry mobilisation
Defence Secretary John Healey co-chairs the first Defence Industrial Joint Council meeting today, bringing together defence firms, trade unions and investors to forge a new partnership aimed at improving warfighting readiness, driving innovation and boosting British jobs.
Defence Secretary to co-chair inaugural Defence Industrial Joint Council meeting at Hadean’s London headquarters.
Council members include primes, tech companies, small and medium enterprises (SMEs), trade unions and investors, bringing diverse defence industry expertise from all across the UK to the heart of defence decision-making.
Focus on delivering the Government’s Plan for Change by driving jobs and prosperity through a new partnership with industry and driving procurement reforms, marking start of London Tech Week and following launch of the Strategic Defence Review.
The UK’s drive to improve warfighting readiness and turbocharge defence innovation will be the focus of the first ever meeting of the Government’s new Defence Industrial Joint Council (DIJC) today – bringing together Ministers and defence firms of all sizes with trade unions and investors.
Co-chaired by the Secretary of State for Defence, John Healey and Dr. Charles Woodburn, Chief Executive Officer at BAE Systems, the meeting comes at a significant moment for defence, following the publication of the Government’s Strategic Defence Review and in the lead-up to the Defence Industrial Strategy’s publication this summer.
Industry, innovators and investors will benefit from the new partnership with UK Defence, enabling better decision-making and communication between the MOD and its industry partners, boosting British jobs and national security, underpinning the Government’s Plan for Change.
This comes as the Prime Minister made the historic commitment to increase defence spending to 2.5% of UK GDP by April 2027, recognising the critical importance of military readiness in an era of heightened global uncertainty.
Closer collaboration with the defence industry was a key focus of the Strategic Defence Review, which saw the UK committing to:
Investing £6bn in munitions this parliament, including £1.5bn in an “always on” pipeline for munitions and building at least 6 new energetics and munitions factories in the UK, generating over 1,000 jobs and boosting export potential.
Establishing UK Defence Innovation with £400m to fund and grow UK based companies.
Creating a new Defence Exports Office in the Ministry of Defence to drive exports to our allies and growth at home.
Introducing radical new reforms to speed up defence procurement.
Defence Secretary John Healey MP said:
National security is at the heart of our Plan for Change and is essential for economic security. We are sending a signal to industry and to our adversaries: with a strong UK defence sector we will make Britain secure at home and strong abroad.
It is an honour to co-chair the inaugural meeting of the Defence Industrial Joint Council, through which we can forge a new and improved partnership between government and industry, while also bringing trade unions and investors closer to the heart of defence decision-making. I am proud that this council brings together, for the first time, the full range of voices across UK Defence.
UK Defence is open for business and driving defence as an engine for economic growth, boosting British jobs across the UK.
The DIJC replaces the former Defence Suppliers Forum and aims to harness a wider, and more diverse set of defence expertise to shape the future of Britain’s defence manufacturing, supply chain and innovation – including trade union representation alongside SMEs and investors for the first time.
The Council is underpinned by a commitment to continually refresh and widen its membership, to champion new entrants to the defence sector. The diversity of the DIJC’s members reflects the defence sector of the future, a joint endeavour characterised by innovation and efficiency.
The meeting coincides with the first day of London Tech Week, serving as a reminder of the cutting-edge innovation delivered through defence tech year-round and its contribution to keeping the UK safe at home and strong abroad. Innovation as a driver for growth has been recognised by government with a commitment to ringfencing 10% defence budget for investment in novel technologies.
Dr. Charles Woodburn, Chief Executive Officer at BAE Systems said:
Today’s meeting of the Defence Industrial Joint Council is an important moment, bringing together defence companies of all sizes, along with trade unions and investors, to support implementation of the Government’s forthcoming Defence Industrial Strategy.
Improved collaboration and communication will enable industry to continue investing in new technologies, facilities and our workforce to create a stronger UK defence industrial base ready to meet evolving military requirements in an increasingly uncertain world.
Innovation can be delivered most efficiently through partnerships between the public and private sectors, exemplified by the latest remotely operated underwater robot developed by the Defence Science and Technology Laboratory (Dstl) with small and medium enterprises. By modifying a commercially available remotely operated vehicle, Dstl and its industry partners have created a prototype which might soon be able to save lives at sea for the Royal Navy and prevent adversaries from sabotaging undersea cables and pipelines.
Despite serving as crucial guardians of biodiversity, traditional communities continue to be systematically excluded from developing and managing protected areas. This often subtle, silent exclusion has fueled persistent, complex socio-environmental conflicts, harming both conservation and the welfare of Indigenous peoples, riverside populations, Afro-Brazilian quilombola communities, and smallholder farmers.
A recent study, “Socio-environmental Conflicts and Traditional Communities in Protected Areas: A Scientometric Analysis,” published in the Journal for Nature Conservation, mapped how scientific literature has examined these conflicts over time.
Researchers from the Federal University of Western Pará (UFOPA), the Federal University of Pará (UFPA), the University of International Integration of Afro-Brazilian Lusophony (UNILAB), and the Vale Institute of Technology (ITV) collaborated on the study as part of the National Institute of Science and Technology in Synthesis of Amazonian Biodiversity (INCT-SynBiAm) and the Eastern Amazon Biodiversity Research Program (PPBio-AmOr).
The team reviewed 263 scientific articles published worldwide between 1990 and August 2024, sourced from Scopus and Web of Science. Their analysis revealed significant gaps in research on this topic and offered recommendations for more just, inclusive, and effective management of protected territories.
What does science reveal about these conflicts?
The research shows not only a rise in conflicts involving traditional communities and protected zones, but also their diversity. The main sources of tension are:
1. Access to subsistence resources: Local prohibitions—often unilaterally enacted—restrict fishing, hunting, gathering, and subsistence agriculture, all vital for food and income. These constraints sever longstanding traditions of sustainable resource use, leading to food insecurity and marginalization.
2. Exclusionary management of protected areas: Community voices are rarely included in decisions about protected area creation or management. The absence of prior consultation and disregard for traditional knowledge often yield policies disconnected from local realities. Such centralized management breeds resentment and undermines conservation; participatory governance is essential to socio-environmental justice.
A study in Chile involving Aymaras, Atacameñas, and Mapuche-Huilliches communities found that while participatory practices and technical support from the CONAF forest agency improved perceptions, dissatisfaction persists due to initial exclusion. Many continue to assert ancestral land rights and demand meaningful input, highlighting the urgent need to build trust and align conservation with social justice.
3. Conflicts involving wildlife: Local communities contend with damaged crops, attacks on domestic animals, and even threats to personal safety. Large mammals such as elephants, lions, jaguars, and buffalo are the main culprits. Habitat loss and depleted food sources exacerbate these incidents. Peaceful coexistence requires inclusive, context-specific solutions.
4. Territorial disputes and land rights: Many protected areas overlap with territories long used by traditional peoples. Disavowed land rights provoke legal battles, forced displacement, and greater insecurity, compounding social challenges. Formal recognition of collective land title is key to reducing conflict and ensuring autonomy; these disputes exemplify the global fight for territorial justice.
In Mexico, a recent study documents the impact of land privatization, livestock expansion, plantations, and urbanization in the protected areas of Veracruz, Chiapas, and Morelos. It generated a land market that is disrupting Indigenous and peasant communities and threatening both their territories and forest conservation.
5. Cultural and socioeconomic disruption: Establishing protected areas can upend ways of life rooted in symbolic, generational relationships with nature. Prohibiting customary practices disrupts rituals, beliefs, and the intergenerational transmission of knowledge, silently eroding local cultures.
In the United States, Australia, and New Zealand, studies have noted frequent friction between Indigenous groups, recreational visitors, and managing agencies. Issues include access to sacred sites and resources on traditional lands, visitor infrastructure, permitted activities, and even place names.
6. Lack of recognition and real participation: When communities are denied a voice in decisions, historical inequities deepen, fueling conflict. Despite legal progress, many traditional groups remain excluded from governance. Without meaningful participation, environmental policy fails to address local needs—highlighting the urgent need for community leadership and real power-sharing in conservation.
Italy’s Monti Sibillini National Park in the Central Apennines offers an instructive case: rural depopulation has coincided with rising friction between environmental managers and locals. Imposed bureaucratic guidelines, unresponsiveness to community aspirations, and challenging collaboration between the park and municipalities have generated mutual frustration and hostility. This underscores the need for “knowledge democracy” and truly participatory stewardship that respects diverse ways of living on the land.
Within Brazil, the same types of socio-environmental strife observed worldwide are especially acute in national protected areas. Research shows that even in sustainably managed zones like Extractive Reserves, communities regularly face resource restrictions and limited decision-making power—a recipe for lingering resentment and compromised conservation. Centralized authority and denial of customary land rights often lead to drawn-out disputes, mirroring patterns across the Global South.
These findings highlight Brazil’s urgent need for strong co-management models—mechanisms that value local knowledge and foster territorial justice.
Such tensions cluster in nature reserves and national parks, where regulatory regimes often disregard local lifeways and worldviews. Although the law guarantees consultation and participation mechanisms like free, prior, and informed consultation, they are often ignored or implemented ineffectively.
Another key finding: 66.54% of studies focused on non-Indigenous populations, while only 16.73% examined Indigenous peoples exclusively. This imbalance exposes the under-representation of research attentive to the full range of traditional communities.
Such gaps hinder efforts to understand these peoples’ rich cultural and ecological realities—and in turn, weakens recognition of their expertise and the value of their knowledge for global biodiversity conservation. Scientific consensus now affirms the vital role these communities play in preservation, yet too often they are treated as problems to be managed, not as collaborative partners.
Why does conservation demand inclusion?
Ensuring traditional communities participate in planning and stewarding protected lands is not only a matter of justice, but fundamental to effective conservation. Sustainable outcomes depend on their involvement. This study underscores the urgent need for public policies that are both inclusive and tailored to local conditions, embedding traditional knowledge as an indispensable part of conservation solutions, not as an obstacle.
Worldwide, co-management experiments show that community involvement fosters compliance with conservation rules, improves governance, and delivers stronger socio-environmental benefits.
Shifting the focus to Amazonian science
While most studies reviewed focus on countries in the Global South—like Brazil and India—research production is dominated by institutions in the Global North. This reflects persistent “parachute science”: fieldwork by foreign scientists in rich biodiversity zones, often excluding local scientists and communities from the research process. Such projects often leave little local benefit, treating Amazonian residents as data collectors or study subjects.
To address this, efforts must shift toward empowering Amazonian scientific institutions and researchers, strengthening their role in shaping conservation and research agendas, and realizing epistemic justice. Investments are especially needed in institutions serving remote, often overlooked regions of the Amazon.
With robust support, these institutions can fill crucial gaps—producing research attuned to local realities, expanding our understanding of Amazonian ecosystems, and inspiring new generations of scientists.
Researchers living and working in the Amazon possess deep, context-sensitive knowledge of the territory, enabling them to pose more relevant questions and craft solutions suited to regional challenges and opportunities. Their scholarship, in ongoing dialogue with both environment and community, enriches global science and yields practical advances that matter for daily life in the forest.
Proximity to Indigenous, riverside, and urban populations also enables more authentic community participation in research. When research projects originate from local priorities and perspectives, they strengthen communities, help protect biodiversity, and affirm the possibility of uniting science, social justice, and climate action.
Leandro Juen has a productivity grant from the National Council for Scientific and Technological Development (CNPq), research projects funded by CNPq, the Coordination for the Improvement of Higher Education Personnel (CAPES), the Amazon Foundation for Studies and Research (FAPESPA) and the BRC Biodiversity Consortium.
Everton Silva, Fernando Abreu Oliveira, Fernando Geraldo de Carvalho, James Ferreira Moura Junior, José Max B. Oliveira-Junior, Karina Dias-Silva e Mayerly Alexandra Guerrero Moreno não presta consultoria, trabalha, possui ações ou recebe financiamento de qualquer empresa ou organização que poderia se beneficiar com a publicação deste artigo e não revelou nenhum vínculo relevante além de seu cargo acadêmico.
Product line includes Druck, Panametrics and Reuter-Stokes brands
Transaction aligns with Baker Hughes’ ongoing portfolio optimization
HOUSTON and LONDON, June 09, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company (NYSE: CR, “Crane”), a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion.
PSI, part of Baker Hughes’ Industrial & Energy Technology (IET) segment, includes the Druck, Panametrics and Reuter-Stokes brands. These brands manufacture instrumentation and sensor-based technologies to detect and analyze pressure, flow, gas, moisture and radiation across various industries. PSI employs approximately 1,600 people across several manufacturing and service facilities globally. The sale encompasses all assets of the business, including intellectual property, footprint and resources.
This divestiture, along with the recently announced Surface Pressure Control transaction, is aligned with Baker Hughes’ focus on value-creating portfolio management that enhances the durability of earnings and cash flow and enables the company to reallocate capital toward higher-return opportunities using a strategic and disciplined approach to capital deployment.
“This transaction continues the progress we have made in enhancing our strategic focus on IET’s core competencies of rotating equipment, asset performance management, flow control, and decarbonization to continue to drive higher returns, reinforcing our commitment to long-term value for our shareholders,” Baker Hughes Chairman and CEO Lorenzo Simonelli said. “We believe the value realized in this transaction is a testimony to these product lines’ quality and the potential they can achieve as part of Crane.”
Crane is a leading manufacturer of highly engineered components for challenging, mission-critical applications focused on the aerospace, defense, space and process industry end markets.
The closing of the transaction is subject to customary conditions, including regulatory approvals, and is expected to close at the end of 2025 or early 2026.
Evercore is serving as financial adviser for Baker Hughes on this transaction.
About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
THORNTON, Colo., June 09, 2025 (GLOBE NEWSWIRE) — Ascent Solar Technologies, (Nasdaq: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today announced that its thin-film CIGS technology reached record efficiency at 15.7% (AM0) at production scale. This achievement aligns with the Company’s previously announced 2025 strategy which aimed to continue improving upon its thin-film PV’s material quality, technological efficiency and production design optimization to increase the applicability of the technology in the space market.
Using the Titan™, a module approximately one square foot in size, Ascent can now produce a formidable 15.7 watts in power per unit. These modules are approximately 0.03mm in thickness and just over eight grams in weight, possess an impressive power density of 1960W/kg before encapsulation.
Ascent’s engineering and production teams have consistently achieved increases in device efficiency and overall performance since September 2023. In the last 18 months, Ascent has reached significant milestones in efficiency testing, with the latest achievement of 15.7% representing a significant increase from Q1 2024:
Q3 2023: 11.6 watts
Q4 2023: 13.3 watts
Q1 2024: 14.0 watts
Q2 2025: 15.7 watts
(Note: Power generation figures reflect STC conditions and AM0)
“These continued efficiency improvements for our CIGS arrays are the direct result of our U.S.-based manufacturing team’s tireless focus on process improvement and advanced device engineering,” said Paul Warley, CEO of Ascent Solar Technologies. “The jump in device efficiency we’ve experienced over the past two years has dramatically enhanced our technology’s readiness for the space market, positioning it as an ideal solar material choice for satellite power systems and other spacecraft.”
About Ascent Solar Technologies, Inc.
Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability, and resilience matter. Ascent’s photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial/commercial construction as well as an extensive range of consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar’s research and development center and 5-MW nameplate production facility is in Thornton, Colorado. To learn more, visit https://www.ascentsolar.com.
Forward-Looking Statements
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements” including statements about the financing transaction, our business strategy, and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations, and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “will,” “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company’s filings with the Securities and Exchange Commission including those discussed under the heading “Risk Factors” in our most recently filed reports on Forms 10-K and 10-Q.
Beijing, June 09, 2025 (GLOBE NEWSWIRE) — AGM Group Holdings Inc. (“AGM Holdings” or the “Company”) (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, today announced that the Nasdaq Hearings Panel issued a decision granting the Company’s request for continued listing on The Nasdaq Capital Market subject to the Company’s compliance with certain conditions, including compliance with the $1.00 bid price requirement by June 16, 2025, and continued compliance with all applicable criteria for continued listing on the Capital Market tier through at least September 29, 2025.
About AGM Group Holdings Inc.
AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment. With a mission to become a key participant and contributor in the global blockchain ecosystem, AGMH focuses on the research and development of blockchain-oriented Application-Specific Integrated Circuit (ASIC) chips, the assembling and sales of high-end crypto miners for Bitcoin and other cryptocurrencies. For more information, please visit www.agmprime.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.
NEW YORK and MIAMI, June 09, 2025 (GLOBE NEWSWIRE) — Siebert Financial Corp. (NASDAQ: SIEB) today announced that its shelf registration statement on Form S-3 has been declared effective by the SEC. The registration is the first step to allow the company to raise up to $100,000,000 through the sale of a range of securities.
The filing strengthens Siebert’s financial flexibility. The proceeds may be used to pursue strategic initiatives that align with Siebert’s long-term vision, including potential acquisitions, the purchase of digital assets (including Bitcoin, Ethereum, and Solana), and investments to advance technology across all service lines, including, but not limited to, AI-powered solutions.
“Our shelf registration is a foundational step toward scaling our technology strategy,” said John J. Gebbia, CEO of Siebert Financial. “We’re creating the additional capital access needed to move decisively in key areas like AI, digital assets, and innovation that will define the future of financial services.”
“Our ability to access capital on flexible terms enhances how we can build value over time,” added Andrew Reich, Chief Financial Officer of Siebert Financial. “This filing gives us the optionality to invest in next-generation technologies and support long-term growth for our shareholders.”
These investments reflect Siebert’s broader commitment to innovation in financial services, including the integration of blockchain technology and digital assets to enhance client experience and platform capabilities.
About Siebert Financial Corp. Siebert is a diversified financial services company and has been a member of the NYSE since 1967, when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.
Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, and StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage, investment advisory and insurance offerings, securities lending, and corporate stock plan administration solutions, in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.
Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.
These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2023, and Siebert’s filings with the SEC.
Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.
SAN JOSE, Calif., June 09, 2025 (GLOBE NEWSWIRE) — Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it will host a webinar to discuss the cloud native capabilities of the Nutanix Cloud Platform, including Nutanix Kubernetes Platform, Nutanix Data Services for Kubernetes and Nutanix Enterprise AI.
Speakers will include: Thomas Cornely, SVP, Product Management Dan Ciruli, Sr. Director, Product Management
No financial information will be discussed during the event.
Date and Time: Friday, June 13, 2025 8:00 a.m. PDT; 11:00 a.m. EDT
To register for the webinar, please access the link here.
A live webcast and replay of the presentation will also be accessible on the Nutanix Investor Relations website at ir.nutanix.com
About Nutanix Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix.
SUNNYVALE, Calif., June 09, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the software framework company for physical AI systems, will host a live webinar on June 24, 2025, titled Real-Time Data Anywhere: Powering Edge AI and Cloud with Data-Centricity. The 60-minute session will begin at 8:00 a.m. PDT and feature expert insights on the evolving landscape of autonomy, AI, and connectivity.
As next-generation autonomous systems emerge in industries such as agriculture, mining, and transportation, the need for intelligent, real-time data exchange between the edge and cloud becomes essential. This webinar will explore how a data-centric architecture streamlines communication across distributed systems and helps overcome the performance, cost, and scalability challenges of traditional approaches.
Presented by Rajive Joshi, Systems Architect at RTI; Nancy Post, Senior Advisor at Boston Consulting Group; and Tim Frasier, Founder and President of The Frasier Group LLC, the session will offer an in-depth discussion on designing high-performance, intelligent systems for edge-to-cloud operations.
Attendees will gain insights into how data-centricity enables seamless connectivity through a common global databus, supporting operational intelligence and the low-latency performance required by AI-driven applications.
Webinar Details
What: Real-Time Data Anywhere: Powering Edge AI and Cloud with Data-Centricity When: June 24, 2025 | 8:00 a.m. PDT Where: Online
To learn more or register for the session, visit the webinar page.
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.
LAS VEGAS, June 09, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that the Company and Gresham Worldwide, Inc. (“Gresham Worldwide”), currently an affiliated defense business in which the Company holds a majority economic interest, have entered into a comprehensive settlement agreement (the “Settlement Agreement”) with Gresham Worldwide’s senior secured noteholders in its Chapter 11 bankruptcy proceedings. While the Settlement Agreement is subject to court approval, Gresham Worldwide is expected to emerge from bankruptcy as a subsidiary of the Company on or before October 1, 2025.
Upon Gresham Worldwide’s emergence from bankruptcy, Hyperscale Data expects to reconsolidate Gresham Worldwide’s financial results into its financial statements and anticipates that Gresham Worldwide will contribute up to an additional $10 million in consolidated revenue in the fourth quarter of 2025. If the reconsolidation of Gresham Worldwide had occurred on January 1, 2025, on a pro forma basis, a non-GAAP financial measure, this reconsolidation would have been expected to increase the Company’s annualized revenue for 2025 by approximately $40 million.
In connection with the anticipated reconsolidation, Hyperscale Data has raised its full-year 2025 GAAP basis revenue guidance to a range of $125 million to $135 million. The table below presents pro forma figures, which are not necessarily consistent with GAAP, that show the expected revenue run rate including an annualized contribution from Gresham Worldwide:
Revenue Guidance
Low End
High End
Previously issued guidance
$
115,000,000
$
125,000,000
Pro forma annualized contribution from Gresham Worldwide
40,000,000
40,000,000
Pro forma total revenue
$
155,000,000
$
165,000,000
“The settlement marks a turning point for Gresham Worldwide and reflects the hard work and collaboration of all parties involved,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “We expect Gresham Worldwide’s emergence from bankruptcy to create substantial value for Hyperscale Data through meaningful revenue contribution and operational momentum as we move forward. We look forward to supporting Gresham Worldwide’s long-term growth and success.”
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.
HOUSTON, June 09, 2025 (GLOBE NEWSWIRE) — Viva Payday Loans has announced the launch of a powerful new platform for loans for bad credit aimed specifically at U.S. borrowers seeking urgent loans for bad credit with guaranteed approval. With traditional banks still turning away millions with low credit scores, this online solution provides a free, fast, and secure alternative for accessing personal loans for bad credit, even for those previously denied.
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Paddy Hill spent more than 16 years in prison for murders he did not commit. One of the so-called Birmingham Six who were wrongfully convicted for the Birmingham pub bombings in 1974, he was proof that exoneration and financial compensation do not fix a miscarriage of justice.
When I met him in July 2023, more than 30 years after his release from prison, his ordeal continued to haunt him. He was in his late 70s, looking frail and far from the “12 and a half stone” man he was in Parkhurst Prison. He had very little appetite and was in poor health. The little sleep he was able snatch was marred by screaming nightmares.
Neither of us knew it at the time, but this was to be his final interview. He died aged 80, on December 30 2024. I sat down to talk with Hill in his living room. Struggling to control his emotions, he told me: “Sometimes I sit in the bedroom … and I’m crying my eyes out like a child and I don’t know what the fuck happened … I’ve been so fucking screwed up.”
The ITV docudrama Mr Bates vs the Post Office thrust wrongful convictions into mainstream consciousness in January 2024 – a quarter of a century after the Post Office began prosecuting sub-postmasters and mistresses for fraud, theft, and false accounting and 15 years after Rebecca Thomson’s Computer Weekly article exposing the Horizon IT system as the potential culprit.
Now the public could finally see the human impact of miscarriages of justice on these upstanding – and, more importantly, innocent – members of their communities. Public outrage followed.
But despite the mass quashing of hundreds of convictions, and amid promises of speedy financial compensation, progress has been pitiful. While collecting a National Television Award in September 2024, former sub-postmistress Jo Hamilton confirmed that out of the “555 group”, those involved in the litigation which exposed the Horizon scandal, “more than 300 haven’t been paid yet, including Sir Alan Bates”.
Sadly, this timescale is far from unusual. In July 2023, Andrew Malkinson finally had his 2003 rape conviction overturned after several unsuccessful appeals, including unsuccessful applications in 2012 and 2020 to the Criminal Cases Review Commission (CCRC), the independent body which investigates potential miscarriages of justice.
Crucially, the CCRC did not commission the DNA testing that finally exonerated him and did not review police files which would have shown that Greater Manchester Police had withheld crucial evidence at his trial.
Malkinson spent 17 years in prison maintaining his innocence. Perversely, he could have been released sooner had he falsely confessed. He was eventually exonerated thanks to the help of the charity Appeal, which commissioned those crucial DNA tests and unearthed the disclosure failures.
The CCRC has since acknowledged in an independent review that it “failed Mr Malkinson” with chairperson Helen Pitcher OBE (whose recent resignation was welcomed by the Ministry of Justice) eventually expressing “sincere regret and an unreserved apology on behalf of the commission”. All of this happened 12 months after Malkinson called on the CCRC to apologise to him. Malkinson said it was “shameful” that the CCRC has kept private the names of those responsible for his ordeal and delayed the publishing of the report highlighting its mishandling of his case.
The true number of miscarriages of justice is unknown. In the UK, the CCRC referral rate averages 2% including appeals of sentence. In the US, estimates of wrongful conviction and imprisonment range from 6% to 15.4%.
The Insights section is committed to high-quality longform journalism. Our editors work with academics from many different backgrounds who are tackling a wide range of societal and scientific challenges.
Inevitably, some innocent people will have their appeals denied and will remain convicted for the rest of their lives. The trauma of remaining legally guilty of a crime you did not commit cannot be overstated.
But persistent psychological ill-effects can be seen even in those who have been formally exonerated, including long-term effects on their employment and relationships.
I’ve been examining cases like this as part of a research project into the experiences of people who suffer grave miscarriages of justice. Working with Dr Mandy Winterton at Edinburgh Napier University, I interviewed several men who have been imprisoned for crimes they did not commit.
As academics with psychology and sociology backgrounds, we were predominantly interested in how victims were affected by such injustices. Previous research has documented the litany of mental health and social effects on those who have been wrongfully convicted and exonerated, and the flaws in the criminal justice system that are to blame. But little attention has been paid to individual experiences. While there were clear commonalities in the men’s stories, they all had unique perspectives.
Of the people we spoke to, Hill and a man called Jimmy Boyle spoke to us on the record and specifically requested that they be named. I have given the other men featured here pseudonyms to protect their anonymity.
Paddy Hill
Hill’s story is particularly harrowing. On November 21 1974, shortly after 8pm, bombs exploded in two pubs in Birmingham, England, killing 21 people and injuring around 200 others. They were attributed to the Provisional Irish Republican Army (IRA), which had detonated many bombs in the West Midlands in the previous year.
Hill and his friends were arrested at Heysham Docks as they were boarding the ferry to Belfast to attend the funeral of an old friend who had been a member of the IRA. Hill said that they were initially interviewed at Morecambe police station in Lancashire, and the West Midlands Police took over their questioning the next day.
Hill and his co-accused were, says Hill, tortured by the West Midlands serious crime squad. They were subjected to anti-Irish verbal abuse, hours-long beatings over several days, mock executions, were burned with cigarettes, and deprived of sleep, food and drink. Unable to withstand this, four of the six men eventually signed false confessions, condemning them all to life imprisonment in 1975 for the murders. The six men brought a civil action against the West Midlands Police which was thrown out in 1980 by Lord Denning.
These shocking revelations eventually reached the public consciousness thanks to investigative journalist and former Labour MP Chris Mullin, who uncovered evidence of police wrongdoing and corruption. His work informed the group’s court of appeal hearing in 1987. However, the convictions were upheld by Lord Chief Justice Lane. It was only at their second appeal in 1991, after Mullin had uncovered more evidence of their innocence, that they were finally exonerated.
Despite other lines of enquiry which could have led to the real bombers – including a confession and several named suspects – the Crown Prosecution Service (CPS) decided in 2023 that there was insufficient evidence to prosecute, denying justice to the families of those killed and injured.
The impact on Hill’s family was enormous. With such public vitriol for the Birmingham Six, his wife and children had to move house regularly and change their names to avoid being recognised. He told me:
Everywhere they went, sooner or later somebody found out who they were and then they’d pick on them. And sometimes my kids were going to school and they couldn’t even remember what fucking name they were supposed to be using, they were that confused.
Hill’s marriage ended while he was in prison. “I told her to divorce me. I said: ‘Meet someone, you want to get married, don’t worry about me.’ And that was it.”
He later remarried, but his relationship with his children was irretrievably destroyed. “Along the way I lost my own kids, because I came out of jail and I didn’t feel nothing for my kids. I still don’t … I’ve spent more time here with you than I have done in the last 20 fucking years with my kids.”
Though he was referred to psychologists for support, he told me none were able to help him. Over and above the pains of imprisonment, the wrongfully convicted are betrayed by the very people that we are led to believe are there to protect us. The justice system has wrought on them the worst injustice, and many will suffer from enduring anger and mistrust of authorities.
When we met, Hill was still consumed by his anger and felt badly let down: “Over the years I realised I was never going to get any professional help from the government, even though we have it in writing that they have a duty of care towards us – but they’ve never done nothing to help us … If they did, they would acknowledge what they’ve done wrong.”
Up until his death, Hill had spent much of the past 30 years helping other survivors of miscarriages of justice. Initially intending to spend his first 12 months of freedom campaigning, he “got involved with the families, and it was then I realised how bad the families had it … That’s what kept me going, coming out and campaigning.”
He established the Miscarriages of Justice Organisation (Mojo), a Glasgow-based charity dedicated to supporting the wrongfully convicted. It provides advocacy for clients in prison, aftercare and reintegration services, and dedicated psychological support offered pro-bono by a clinical psychologist.
But the demand far exceeds Mojo’s ability to help, and it may take several months for a case to be assessed. Euan McIlvride, the organisation’s legal officer, told me it typically receives “250 applications a year, and we will probably support only ten of those because the rest of them don’t meet the requirements for our support … We have finite resources.”
For Hill, keeping busy provided some relief from thinking about his ordeal.
…When you aren’t doing something, all you’re going to do is sit there and think … about things you don’t fucking want to think about. I don’t know what happens to me when I go to sleep … [My wife] hears me screaming … kicking and punching everything … I’ll be watching television and all of a sudden … BANG! It’s like a non-stop video going through your head all the time.
Chained to a radiator
The Police and Criminal Evidence Act 1984 (Pace), which came to effect in 1986, aimed to reduce miscarriages of justice by balancing the powers of the police and the public. Pace provides safeguards for suspects during questioning, puts a limit on how long suspects can be questioned for, and insists that interviews be recorded.
This makes it easier to detect when protocols have not been followed or there may have been mistreatment or intimidation.
It doesn’t prevent such wrongdoing, however.
I spoke with one man, who I am calling Mark, who was wrongfully convicted of murder in 1988. He told me there were over one hundred breaches of Pace in his case, including being handcuffed to a hot radiator, being denied food and water, and being denied a solicitor.
One of his co-accused, a vulnerable adult, had also falsely confessed to the crime. Mark lost his first appeal in 1990 but his case went to the CCRC when it was established in 1997. The CCRC brought in another police force to investigate. He said:
When I saw [their] report … I nearly fell off my chair and nearly choked on my coffee … Everything I had said all those years ago … the handcuffing to the radiators, they proved it. All the breaches of the Police and Criminal Evidence Act … that we were interviewed off the record … Making up notes and stuff like that. I couldn’t believe it. I knew we were going home.
He subsequently pursued a civil action against the police which was settled out of court, with the force insisting the settlement did not mean it was admitting liability.
Mark also suffered a marital breakdown, after he and his wife lost their baby daughter while he was on remand:
It ripped the guts out of my marriage, you know. My wife was only 17-18, same age as me … She had a husband inside and she lost a child. And you’ve got to look at the economical impact and the mental impact it had on her … She was just as much a victim as what I was.
He started taking drugs in prison: “I didn’t care if I lived or died because I had lost everything, as far as I was concerned.”
But Mark turned himself around, got off drugs and availed himself of all the education he had access to, including law and human rights, to build the strongest possible case for his appeal. With the aid of a human rights lawyer the CCRC referred his conviction in 1998, which was then quashed by the Court of Appeal in 1999. He had spent 11 years in prison as a convicted murderer.
‘The innocence test’
After his exoneration, Mark was successful in securing over £600,000 compensation for his ordeal, though he had over £37,000 deducted for “saved living expenses”. A House of Lords ruling in 2007 deemed that those receiving compensation for a miscarriage of justice can have the amount reduced to account for “savings” made while in prison – for costs such as food, housing and other bills that they would have had to pay had they not been wrongfully incarcerated.
Considering the difficulties people face accessing any financial compensation for their wrongful imprisonment, this adds further insult to injury. The rule has since been scrapped following the high-profile Malkinson case – but deductions made prior to this are not being reimbursed.
Mark was given no financial counselling or support, and he rapidly spent the money – more than he had ever had in his life – while trying to block out his pain:
By the time six months had gone, I’d spent the hundred grand [interim payment] on wine, women, drugs … ’cause I couldn’t cope with what was going on … That was my way of blotting out all the things I saw in prison.
The money also caused a rift in his family – something echoed by others I have spoken to. After the death of his mother, his family “went their own ways”.
Nowadays, only a small proportion of those exonerated will ever receive financial compensation due to the requirements of the so-called “innocence test”.
The Criminal Justice Act 1988 made it difficult for applicants to receive compensation because there had to be a newly discovered fact – not available at the time of their original trial – that they could use to make the case that they had suffered a miscarriage of justice.
The definition of what constitutes a miscarriage of justice has become more restrictive over time, meaning an applicant now must provide evidence, beyond reasonable doubt, of their innocence. In the absence of a key witness admitting to falsifying their statement or DNA evidence proving innocence, this is unlikely.
Like Hill, Mark struggled to adjust after his exoneration and release, and found support to be woefully lacking:
I had nobody to talk to, no money, no job, no house. I didn’t have any prospects. I phoned up my solicitor … I remember saying: ‘Why did you get me out?’ It was difficult to adjust … I slept with a hammer … under my pillow – I was very paranoid … All they did was give me tablets and told me to get on with my life. No counselling. Nothing. They didn’t know what to do with people like me.
Mark still suffers with post-traumatic stress disorder and depression, and has never been able to work a normal job. He continues to campaign for the wrongfully convicted and to increase awareness of miscarriages of justice. He credits this work with giving him a sense of purpose.
Jimmy Boyle – not innocent enough?
I also spoke to James Boyle, who was acquitted at retrial of historical sexual offences after he had spent five years in prison. Boyle, from Rutherglen, who likes to be known as Jimmy, has always maintained these offences never happened.
From the outset, Boyle found processes quite at odds from how we are told they are supposed to be. He said: “Things that you should have: for example, presumption of innocence – nonsense, it doesn’t exist. None of these rights exist in reality.” He claims that lines of evidence undermining the allegations against him were not investigated. Further, he encountered professionals in the criminal justice system who he says were incompetent and even “malicious” and “criminal”.
To add further insult, he was later told that he was not considered exonerated because he did not provide evidence proving his innocence (he failed the “innocence test”). As a result, the General Teaching Council for Scotland did not reinstate him and he was unable to return to his teaching career which he had found enormously fulfilling.
Like others I have spoken to, Boyle, now in his 60s, hasn’t been able to work since his release:
There was so much involved, and fighting with the Teaching Council – you know, it was full time. It really was full time when you’re dealing with these agencies … I do plenty [at Mojo] – I’ve spoken at a number of events … But I had to continue fighting my own fight.
Martin: total lack of victim support
Miscarriages of justice have a huge effect on a person’s mental health. But my research found the impact begins long before a conviction – with effects such as anxiety, trauma and depression resulting from the wrongful allegation.
Martin (not his real name) detailed the difficulties he experienced from his initial wrongful allegation of rape – including isolation, lack of advice, and a lack of appropriate mental health support. He said:
I kept [the rape allegations] to myself and it was horrific, because I didn’t know what was going to happen … Once I was charged … I went to my GP because I was severely depressed. I could barely function. [Counselling] was actually making things worse rather than better … I had looked online … There’s victim support and there’s witness support, but if you’ve been accused there is absolutely nothing.
It took over three years from the initial allegation to court proceedings, during which time two other allegations of rape and indecent assault were made and charges were brought. Martin kept the allegations from his employers and friends:
You don’t mention it because if you mention it, you’re opening the box and then that becomes a big thing – and God help how you’re going to feel at the end of that conversation.
Convicted of rape and indecent assault (the second and third charges), he was sentenced to four years in prison, but successfully appealed on the basis that the Moorov doctrine was misapplied.
Moorov is a principle of Scottish law which allows evidence of one crime to corroborate evidence of another. As the charges against him were considered to corroborate one another, having been acquitted of the key (first) charge he should have been acquitted of all. Instead, he spent about a year in prison – yet he considers himself fortunate.
The guy [Andrew Malkinson] that won his appeal the other day spent 17 years in prison. I only spent one. And although I shouldn’t have spent any, it could have been a hell of a lot worse. There are a lot of people that haven’t been able to clear their names, there are a lot of people that have spent a long time in prison. I spent one year and managed to clear my name, so I should be thankful for what little happiness I’ve managed to get out of it.
Martin was fortunate in that he’d had a good education and had taken detailed notes during his trial, which assisted his appeal. He also helped other prisoners who were struggling to complete required forms for themselves, and managed to get a job in the prison kitchen.
Since his release, he has pursued a law degree, eager to use his experience for positive change in the justice system. “I think it’s given me a new perspective really … You know what, life’s too short – let’s just get on with it.”
What needs to be done?
People wrongly accused of crimes are in dire need of support from the moment the initial allegation is made, to help them navigate the complex legal processes and challenging psychological effects of being wrongly accused.
Currently there is woefully inadequate mental health support at all stages, from initial allegation to post-release.
Of course, there are many guilty people in prison who protest their innocence – but support should not be denied to those who maintain their innocence.
Reforms are needed to make it easier for an innocent person to appeal their conviction. The CCRC has suffered a decline in funding, from £9.24 million in 2004 to £6 million in 2022. Over this period, the workload has more than doubled while the Ministry of Justice has reduced CCRC commissioners’ terms of employment from full-time salaried positions to one-day-a-week contracts, making the workload unsustainable.
People may also face significant barriers in accessing evidence that would exonerate them such as police files, without which they have little hope of a successful appeal. This was evident in the Malkinson case, where the charity Appeal accessed the police files the CCRC had refused to look at.
The lack of accountability and consequences for those who purposely harm innocent people causes further anger and distress to the wrongfully accused and convicted. Yet those affected rarely even receive an apology. This needs to change.
Finally, there needs to be greater public awareness of wrongful convictions and allegations, their causes and consequences, and an understanding of their devastating and long-term effects. As Hill told me the year before he died:
People think you come out and they give you a few quid … [then you] walk off into the sunset and live happily ever after. If only. I would love to go to bed at night like an ordinary fucking person … without waking up so angry and tense.
To hear about new Insights articles, join the hundreds of thousands of people who value The Conversation’s evidence-based news. Subscribe to our newsletter.
This work was supported by the BA/Leverhulme Trust grant SRG1819190884. Many thanks to Dr Mandy Winterton, co-Investigator on this research, and to the Miscarriages of Justice Organisation (MOJO) for supporting us by facilitating access to clients.
Faye Skelton is affiliated with the Miscarriages of Justice Organisation having joined the Board of Directors in April 2025.
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) — Aether Holdings, Inc.(Nasdaq: ATHR) (“we,” “us,” “our,” “Aether,” or the “Company”), an emerging financial technology platform company that offers proprietary research analytics, today announced the appointment of digital media and data operations leaders Eva Hodgens and Luke Hodgens as Managing Director of Marketing and Director of Publications, respectively.
Eva and Luke are the founders of Makaira Media, an industry-recognized performance marketing firm specializing in digital media, audience growth, and first-party data strategies. Eva and Luke have been working with Aether, mostly recently on the launch of Aether’s Alpha Edge MediaTM, a platform to acquire or create and disseminate financial newsletters that provide artificial intelligence (AI)-driven insights into market sentiment through a variety of tools, reports, and strategies.
The expansion of Eva and Luke’s roles to directly represent Aether validates and accelerates Aether’s drive to collapse the gap between financial media, predictive market analytics, and fintech platform infrastructure, turning what were once separate industries into a single, learning machine aiming to deliver impactful information to investors. Eva and Luke will continue to perform their expanded services through Makaira Media, dedicating a significant portion of their time to the growth of Alpha Edge Media.
At the center of this strategy is Aether’s emerging, AI-driven financial markets data ecosystem, where content informs computation, market sentiment becomes signal, and information infrastructure learns in real-time. Aether is positioning itself to lead a new category – one where financial market intelligence is created, distributed, and refined entirely under one roof.
“We’re not here to optimize broken fintech information systems — we’re building the architecture that replaces them,” said Nicolas Lin, CEO of Aether. “For decades, media, data, and financial tools have operated separately in silos. At Aether, we’re seeking to fuse these silos into a single, intelligent platform where every piece – content, investor and market behavior, infrastructure – feeds the next. That integration is more efficient and transformative and creates the prospect of feedback loops that get smarter with scale. This is how we will win the next era of market infrastructure to empower investors and other market participants.”
“It’s been exciting working with Aether on their growth initiatives so far. Representing them in our new roles and giving them even more of our dedication demonstrates our passion for what Aether is seeking to build,” said Eva Hodgens, Aether’s new Managing Director of Marketing. “Aether’s model is about control of financial markets data, distribution of that data, and customizing AI-powered content for Aether’s customers. We’re building a marketing engine where every part of the data ecosystem is measurable, defensible and capable of scale without dependency.”
Aether’s evolving strategy centers around three connected pillars:
Media and Data (Alpha Edge Media): Aether’s owned content arm is building a portfolio of digital financial newsletters designed to allow technical and algorithmic traders to identify and interpret market data and gain actionable results – known in the industry as “signal”. Aether’s publications, including upcoming titles focused on macro trend analysis and AI-scored stock discovery, are built for data capture, model feedback, and direct monetization through owned distribution.
Investor Tools (Aether Grid): Aether’s flagship analytics platform SentimenTrader decodes market sentiment, analyzing crowd behavior, positioning shifts, and emotional extremes. It’s designed to act as a scanner and as a predictive engine that surfaces actionable insights before traditional models react.
Technology (Aether Labs): Aether’s technology aims to power both media and analytics, digesting user behavior, content engagement, and market data to personalize delivery, refine signals, and scale feedback loops across the platform.
Following its successful initial public offering in April, Aether is actively evaluating acquisitions across financial media, proprietary tools, and technology infrastructure, ranging from content networks and newsletters to analytics platforms and data intellectual property, as it seeks to strategically expands its ecosystem. The goal of these additions will be to deepen Aether’s technology stack, expand distribution channels, and accelerate the evolution of its product offerings for customers.
About Aether Holdings, Inc.
Aether Holdings, Inc. (Nasdaq: ATHR) is an emerging financial technology holding company focused on transforming the way investors navigate the capital markets. Leveraging decades of market expertise and cutting-edge technology, Aether delivers proprietary tools, data, and research to empower traders with actionable insights and enhanced decision-making capabilities.
Aether’s flagship platform, SentimenTrader.com, is designed to serve both retail and institutional investors by offering advanced sentiment analysis through the use of machine learning and artificial intelligence capabilities. With over 20 years of sentiment data integrated into its systems, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level up their trading in the markets.
Aether is committed to building an ecosystem that supports smarter, data-driven trading strategies, reinforcing its mission to empower the investing community and redefine excellence in fintech. By integrating actionable content with advanced technologies, including artificial intelligence tools with the critical thinking and analytical abilities of its team of evidence-based trading veterans, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level up their trading in the markets.
This news release and statements of Aether’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”, “seeks,” “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would,” “goal” or “may” and other words of similar meaning. In this press release, forward-looking statements relate to the anticipated benefits to Aether of the new team members joining Aether as described herein as well as statements about Aether’s plans and strategies. 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 Aether, 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 Aether’s ability to adequately market its products and services, and to develop or acquire additional products and product offerings; (ii) risks related to intense competition in the fintech and financial newsletter sector; (iii) risk related to artificial intelligence and machine learning; (iv) the inability of Aether to maintain and protect its reputation for trustworthiness and independence; (v) the inability of Aether to attract new users and subscribers and convert free users to paying subscribers; (vi) similar risks and uncertainties associated with operating a relatively small business a 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 Aether 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://investor.helloaether.com/#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.
Aether Holdings, Inc. Contact Nicolas Lin, CEO (347) 363-0886 ir@helloaether.com
LAS VEGAS, June 09, 2025 (GLOBE NEWSWIRE) — BitMine Immersion Technologies, Inc. (“BitMine” and the “Company”) (NYSE American: BMNR), a technology company focused on the accumulation of Bitcoin for long-term investment, whether acquired by their Bitcoin mining operations or from the proceeds of capital raising transactions, today announced that it has made a purchase of 100 Bitcoin for its Bitcoin Treasury business line. The Bitcoin were purchased from funds from BitMine’s recent offering of shares of common stock, which closed on Friday, June 6, 2025.
Jonathan Bates, BitMine CEO, stated, “We are excited to make our first open market purchase of Bitcoin, and expect to make more Bitcoin purchases moving forward.”
About BitMine
BitMine is a Bitcoin Network Company with a focus on the accumulation of Bitcoin for long-term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
Forward Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding the expected use of proceeds of BitMine’s recent securities offering, the potential benefits of the expected uses of those proceeds, and future business plans. In evaluating these forward-looking statements, you should consider various factors, including BitMine’s ability to keep pace with new technology and changing market needs; BitMine’s ability to finance its current business and proposed future business; the competitive environment of BitMine’s business; and the price and availability of Bitcoin for potential future purchases. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as any other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
A new study published in the Proceedings of the National Academy of Sciences (PNAS) presents a blood-based proteomic signature that predicts how long people are likely to live in good health—known as healthspan. The Healthspan Proteomic Score (HPS), developed by researchers at the UConn School of Medicine and collaborators at the University of Helsinki and the University of Exeter (UK), provides a powerful tool for understanding biological aging and assessing risks for a wide range of chronic diseases.
Using proteomic data from over 53,000 UK Biobank participants, the research team identified a panel of proteins that collectively signal a person’s biological health. A lower HPS, determined based on the expression of these proteins, was significantly associated with a higher risk of mortality and age-related diseases, including heart failure, diabetes, dementia, and stroke—even after adjusting for chronological age and other health indicators. The score was validated in an independent Finnish cohort and demonstrated superior performance compared to existing measures of biological aging.
“Our findings underscore the importance of shifting the focus from lifespan to healthspan,” says Dr. Chia-Ling Kuo, lead author and associate professor of Public Health Sciences at UConn School of Medicine and The Cato T. Laurencin Institute for Regenerative Engineering. “The HPS captures early biological changes in the body and may help inform interventions that promote healthier aging.”
Dr. Breno S. Diniz, senior author and associate professor of Psychiatry at UConn School of Medicine and UConn Center on Aging, adds, “By integrating proteomic signals of biological aging, HPS offers a promising tool for identifying individuals at risk for age-related diseases and for guiding personalized prevention strategies.”
Although aging is inevitable, this study team, as well as others, are increasingly learning that the pace of aging and how we each age are highly variable. The theme of the NIA-funded UConn Older Americans Independence Pepper Center is Precision Gerontology. This concept seeks to enhance independence in older adults by studying this heterogeneity. This research adds to growing evidence that aging biology can be measured and potentially modified, with the HPS offering a promising surrogate outcome for clinical trials of anti-aging therapies and preventive strategies aimed at extending years lived in good health; it marks an important step toward better predicting variability in aging trajectories and ultimately developing more targeted and effective interventions.
The research team is now working to evaluate the HPS in clinical trial settings. While it is not yet available for widespread use, this work lays critical groundwork for future tools that could help individuals and healthcare providers monitor and promote healthier aging.
This research was supported by the Claude D. Pepper Older Americans Independence Centers (OAIC) program (P30AG067988). Access to UK Biobank data was granted under application no. 92647, “Research to Inform the Field of Precision Gerontology” (PI: Richard H. Fortinsky, Ph.D., study co-author and professor at the UConn Center on Aging). The research team gratefully acknowledges the UK Biobank for providing data access and sincerely thanks the collaborators at the University of Helsinki for their replication efforts, as well as the UK Biobank participants for their invaluable contributions of time, health information, and biological samples that made this research possible.
LEEDS, United Kingdom, June 09, 2025 (GLOBE NEWSWIRE) — The XRP Ledger is experiencing a surge of renewed momentum as Nimanode the first AI agent platform with a no-code builder on XRPL advances through its high-demand $NMA Token Presale raising over 11% of its soft cap target and the excitement just intensified.
FOMO is already building up as the Nimanode Presale momentum indicates strong confidence from early investors citing a belief in the project.
Demand for the NMA token has also surged as tokens are set to be listed at an upward 25% price from presale prices at top XRPL exchanges like Magnetic, instant returns for early investors.
How to Join in the Nimanode Presale
Joining in the NimaNode Presale is quite straightforward
Purchase XRP: Acquire XRP from reputable exchanges like Binance, Coinbase, or Bybit.
Setup an XRP-Compatible Wallet: Send your XRP to an XRP compatible Wallet (e.g. Xaman).
Participate in the Presale: Visit the NimaNode presale page (https://nimanode.com/presale), send your XRP to the provided presale address, and secure your $NMA tokens.
There is a Limited Time Period of 30 Days for the Presale and it’s pricing is going at 1 XRP = 450 $NMA
As Nimanode Presale gains momentum, now is a perfect opportunity to position at the next wave of Blockchain innovation poised for massive gains through the integration of Web3 and AI.
Why Investors are Scooping Up $NMA
From the desk of the development team at Nimanode, they are set to deliver an Agentic workforce handling various tasks autonomously. Features of these Ecosystem include but not limited to
Zero-Code Agent Builder: Create and launch AI agents through an intuitive drag-and-drop interface Autonomous On-Chain Agents: Agents can interact with dApps, execute logic, and respond to events Decentralized Agent Marketplace: Allows the community to deploy and monetize AI Agents Cross-Chain & Off-Chain Integration: Enable automation across multiple networks and external APIs
$NMA – Fueling the Nimanode Ecosystem
With 90 million $NMA tokens representing 45% of the total supply allocated for the presale, early birds have a rare opportunity to seize the advantage and invest in $NMA before its DEX Listing at 25% higher value mainly because of it various utilities in their ecosystem which include:
Agent Deployment – Launching agents when holding a minimum $NMA balance
Agent Upgrades – Skilled developers can hold $NMA to build custom agents and upgrades to them
Agent Marketplace – Use $NMA to access premium agents or receive exclusive discounts
Staking Benefits – Stake $NMA to earn passive income through the platform’s reward pool
Governance Access – Participate in protocol decisions and vote on proposals that shape Nimanode’s future
Nimanode is a decentralized AI agent platform built on the XRP Ledger, offering no-code and developer tools to deploy on-chain AI agents that automate blockchain activity, optimize protocol interaction, and monetize intelligent services. By bridging AI with decentralized infrastructure, Nimanode is building the next evolution of digital work and Web3 automation.
Disclaimer: This is a paid post and is provided by Nimanode. 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.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
TALLINN, Estonia, June 09, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project, has officially entered Phase 7 of its presale, offering early participants a strategic entry point ahead of its upcoming exchange launch. With tokens currently priced at $7 and a forecasted listing price of $20, BTC-S presents a 233% ROI potential for early supporters — based on current market benchmarks and demand from its live mining ecosystem.
A Structural Replay of Bitcoin’s Earliest Advantages
Bitcoin Solaris isn’t riding a wave of speculative hype. Its model is engineered around fundamentals that made Bitcoin successful in the first place — a fixed 21 million token supply, scarcity-based mechanics, and a functioning distribution model tied to user contribution rather than capital lockups.
At its core, the protocol combines a Proof-of-Stake and Proof-of-Capacity base layer with a high-performance Solaris Layer that processes over 10,000 transactions per second. Finality occurs in under two seconds, and energy consumption is reduced by over 99.95% compared to traditional mining systems.
Price Forecasts Rooted in Function
Phase 7 of the presale is now live, with BTC-S priced at $7 per token. Exchange launch benchmarks target $20, translating to an immediate 233% ROI for early backers — assuming no speculative appreciation beyond the forecasted listing value.
This figure isn’t abstract. It’s grounded in market benchmarking, liquidity provisioning frameworks, and rising demand from the Bitcoin Solaris mining ecosystem, which has already completed closed beta testing with strong reported returns.
Analyst Attention and Audit-Backed Trust
As President Trump’s crypto-positive policies fuel renewed attention toward blockchain technologies, Bitcoin Solaris is emerging as a key beneficiary — not because of political noise, but because its structure and transparency offer actual utility.
The project has passed a full Cyberscope audit of its smart contract systems, as well as a mobile infrastructure audit by Freshcoins. KYC verification has also been completed by a third party , giving retail participants added assurance in a space often lacking transparency.
Analyst Ben Crypto recently released a market breakdown on YouTube, calling Bitcoin Solaris the closest thing we’ve seen to early Bitcoin conditions since 2012. His thesis centers not on nostalgia, but on clear tokenomics: a capped supply, no emissions curve, and a network ready for mainstream use.
Final Thoughts
Crypto markets follow narratives, but they reward mechanics. Bitcoin Solaris isn’t promising future breakthroughs — it’s rolling them out. The tech is live, the presale is active, and the fundamentals are visible to anyone willing to look beyond the headlines.
With President Trump signaling favorable conditions for crypto adoption, and BTC-S offering a direct path to early-stage ownership with built-in mining incentives, this moment marks a real chance at structural participation.
Disclaimer:This is a paid post and is provided byBitcoin Solaris. 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.
Legal Disclaimer:This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied.We assume no responsibility for any inaccuracies, errors, or omissions.We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Photos accompanying this announcement are available at
Source: United Kingdom – Executive Government & Departments
Press release
Top talent backed with master’s funding as Britain’s tech experts called into government
The Spärck AI scholarships will provide full funding for master’s degrees at nine leading UK universities specialising in AI and STEM subjects
Exceptional students to receive fully funded AI master’s degrees at Britain’s top 9 universities, with industry partnerships offering direct routes into UK’s tech sector.
New fellowship programme launched for exceptional talent to cement Britain’s reputation a global AI leader.
Programmes form key part of the Plan for Change to kickstart economic growth through innovation and deliver highly skilled jobs across the country.
Young people with exceptional talent in AI will receive unprecedented support to study at Britain’s top universities through a new prestigious scholarship programme announced by the Technology Secretary today (Monday 9 June).
The Spärck AI scholarships, named after pioneering British computer scientist Karen Spärck Jones, will provide full funding for master’s degrees at nine leading UK universities specialising in artificial intelligence and STEM subjects – from Edinburgh to Manchester, and Newcastle to Bristol.
Set to rival the likes of globally recognised Rhodes, Marshall and Fulbright scholarships, at least 100 talented undergraduates level students from the UK and abroad will see unparalleled access to industry partnerships, work placements and mentorship opportunities, including in the UK’s AI Security Institute as well as leading tech firms like Darktrace, Faculty and Quantexa.
This will not only drive forward AI innovation that grows the UK economy but also gives young people a direct route into highly skilled jobs in the UK’s tech sector – furthering our Plan for Change.
By covering both tuition and living expenses, the scholarship could also be of interest to talent students from low-income backgrounds who might otherwise be unable to afford university – spreading opportunity across the UK.
Technology Secretary Peter Kyle said:
“We are providing unique opportunities for talented young people to take up master’s degrees in AI, with fully funded tuition and unparalleled access to industry.
“Students will be able to go on to highly skilled jobs, building a workforce fit for the future and boosting economic growth as part of our Plan for Change.
“We are also expanding our fellowship programme to bring top talent into our leading AI sector and drive forward transformational benefits to the public like new drug discoveries.”
The government has also announced an expansion of its Turing AI Fellowships with new Pioneer fellowships, providing established professionals from any part of academia, humanities, research, or industry with resources to develop AI skills and knowledge to tackle a specific challenge in their fields. Fellows will receive funding, priority access to the AI Research Resource for compute power, and be connected with AI mentors, experts, and industry leaders.
This comes as millions of people are set to be upskilled with digital and AI skills in a bold national skills drive announced by the Prime Minister at London Tech Week.
The new Spärck AI scholarships and expanded Turing Pioneer Fellowship delivers on recommendations of the AI Opportunities Action Plan and helps grow our leading AI sector – a priority industry for our upcoming Digital and Tech Sector Plan under the Industrial Strategy.
Notes to editors:
Spärck AI scholarships: Applications will open in Spring 2026, with the first cohort beginning their studies in October 2026. This is backed by £17.2 million in government funding and delivers on a recommendation of the AI Opportunities Action Plan.
Universities participating in the Spärck AI scholarship programme include Oxford, Cambridge, Imperial College London, UCL, Southampton, Edinburgh, Newcastle, Manchester and Bristol, who will co-design and co-fund the initiative.
Companies signed up to participate in the scholarship programme include PolyAI, Quantexa, CausaLens, Flok, Beamery, Darktrace and Faculty.
Turing Pioneer Fellowships: Applications will open in mid-July this year, with fellows due to be in-post by Autumn 2026. This is backed by £25.2 million in government funding and delivers on a recommendation of AI Opportunities Action Plan.
Quotes in support of Spärck AI scholarships:
Jack Stockdale OBE, Chief Technology Officer at Darktrace:
“Building AI-powered cybersecurity solutions to defend against next generation threats depends on world-class R&D talent, and we are thrilled to partner with DSIT on this transformative programme. The Spärck AI scholarship will be an important gateway for exceptional global minds to join the frontlines of British innovation, and we’re excited to help develop the next generation of Britain’s world-class AI ecosystem.”
Co-founder and CEO of Flok Health Finn Stevenson:
“AI is already generating economic value at unprecedented pace. To put the UK at the forefront of this transformation, its vital that we can attract world’s best talent – not just to study here, but to stay and build future-defining companies of global importance. We’re delighted to be partnering with DSIT on this initiative to do exactly that.”
PolyAI CEO Nikola Mrkšić:
“PolyAI was founded in the dialog systems group at the University of Cambridge. Since then, we’ve drawn on our academic backgrounds to bring cutting-edge technology out of the lab and into the real world. I am delighted to join the Spärck AI scholarship programme and work with the next generation of AI pioneers who will help create AI applications that drive real value for real people.”
Faculty CEO Mark Warner:
“AI is an epoch-defining technology – yet the UK won’t reap its benefits without having the skills to build and deploy it.
“Technical training, education and work placements open the door to highly skilled, well-paid jobs.
“Faculty has a decade of experience developing exceptional AI practitioners, and we are delighted to partner with DSIT to further strengthen the UK’s AI talent pipeline.”
Darko Matovski, Co-founder & CEO of causaLens
“causaLens is thrilled to collaborate with DSIT on the Spärck AI Scholarships program. We’re proud to champion this vital initiative, which empowers the UK’s brightest AI talent with world-class opportunities at leading AI companies like causaLens, ensuring our nation remains a global leader in the AI race.”
Beamery CEO Sultan Saidov, CEO
“Beamery is very proud to support this AI scholarship initiative. The Spärck AI programme is deeply aligned with our mission of creating equal access to work, and to our belief that connecting talent to opportunity — especially in such a pivotal field — is how we build a more innovative, inclusive future. By supporting emerging AI talent, we’re investing in the skills that will shape tomorrow’s breakthroughs.”
Edinburgh University Vice Chancellor Professor Sir Peter Mathieson:
“As one of the UK’s original and consistently leading AI universities, we are pleased to be part of the proposed Spärck Scholarships Scheme. We look forward to working with the UK Government on the precise details and we fully support the potential of the UK to become an AI superpower.”
Southampton University Vice-President (Research & Enterprise) Mark Spearing:
“The University of Southampton is excited to be a founding partner in the Spärck AI Scholarship programme. We view this as a nationally significant opportunity to attract talented students to the UK to take advantage of our world leading expertise and education in artificial intelligence”.
Bristol University Vice Chancellor Evelyn Welch:
“As AI University of the Year and the proud host of the UK’s most powerful supercomputer, Isambard-AI, the University of Bristol is thrilled to support this prestigious new scholarship as an anchor partner.
“We relish the opportunity to shape the next generation of global AI pioneers – collaborating with our partners to explore bold new ideas, nurture exceptional talent, and advance the future of this transformative technology together.”
Professor Deborah Prentice, University of Cambridge Vice-Chancellor:
“Cambridge combines academic excellence with a dynamic, interdisciplinary AI community, from foundational research to real-world impact. We are delighted to be a founding partner in this ambitious initiative, which reflects a shared commitment to attracting exceptional talent and reinforcing the UK’s position as a home for world-class AI. We are especially proud that these scholarships are named after Karen Spärck Jones, a brilliant Cambridge computer scientist.”
Imperial College London Vice Provost for Research and Enterprise Mary Ryan:
As one of the world’s most international universities, where diverse minds and disciplines are leveraging AI for science and innovation, Imperial is delighted to be an anchor partner in the prestigious new Spärck AI Scholarships. Our global science and technology hubs in Bengaluru, San Francisco, Accra, and Singapore will be well-placed to support outreach efforts to help attract the best and brightest students to the UK, irrespective of their background. Together, we are building a network of future AI leaders who will shape the world through responsible innovation and convergence science.
Professor Duncan Ivison, Manchester University President and Vice-Chancellor:
“The University of Manchester welcomes this important scheme to attract and retain leading talent to the UK and AI sector. We look forward to providing Spärck Scholars with the opportunity to excel within our internationally leading environment for AI related learning, research and innovation, and supporting them to flourish as future leaders in this critical technology area”
Professor Geraint Rees, UCL Vice-Provost:
“London Tech Week 2025 is a vital forum for shaping the trajectory of global technology, which depends on highly talented people as much as the technology itself. It is critically important that the UK can continue to attract the brightest and best future academics, entrepreneurs and business leaders in AI to study and work here. UCL is proud to be working with DSIT and other leading universities to make this a reality through a bold new AI Scholarships programme.”
Source: State University of Management – Official website of the State –
The results of the 18th All-Russian (with international participation) competition of social advertising “Exit” have been summed up. The competition has been held since 2007 on the basis of Lipetsk State Technical University. This year the festival was dedicated to the 80th anniversary of the Victory in the Great Patriotic War and the year of the Defender of the Fatherland.
The competition received over 300 entries. Projects by students majoring in Advertising and Public Relations at the State University of Management won a record number of prizes in various competition nominations.
Winning and prize-winning projects completed by student teams within the framework of the SUM project activities:
Nomination “PR-project”: Subject – Healthy lifestyle 1st place – “Mental Help – for your health” Project team: Victoria Vlasova, Victoria Dudetskaya, Valeria Solodkova, Sofia Zhigalkina (RISSO in business 2-3), manager – Alexandra Nikolaevna Timokhovich.
Valeriya Solodkova: “Our development is dedicated to the current topic of youth mental health. The target audience of our project is young people suffering from depression, anxiety disorders, phobias, stress disorders and other psychological problems. It is important for such people to monitor their health and condition. We have developed a concept and design solutions for a mobile application that is designed to support people with mental problems and improve their well-being.”
Theme: Strong family – strong state 1st place – “Babylon – the door to the diversity of the world” Project team: Chaleleshvili Mariami, Basencyan Meri (RISSO in business 2-3), leader – Timokhovich Alexandra Nikolaevna.
Basentsyan Meri: “In a modern multicultural society, people are not sufficiently informed about the culture and traditions of different nations and nationalities. The lack of a single platform for the exchange of knowledge and experience between representatives of different cultures makes it difficult to preserve and pass on cultural heritage to future generations. As part of the completed project solutions, we offer the audience not only to get acquainted with the culture of other peoples by providing information about traditions, languages, art, history, but also to exchange cultural samples, unite in communities of interest.”
2nd place – “VUZ Directions – your chance!” Project team: Anna Antipa, Olga Lazarenko, Ekaterina Zamordueva, Veronika Kviring, Maria Rasskazova (RISSO in business 2-3), leader – Alexandra Nikolaevna Timokhovich.
Olga Lazarenko: “In connection with the opening up of new technological opportunities, the structure of the labor market is changing. The problem of professional self-determination is becoming relevant. Teenagers often face the problem of choosing a future profession, since it is quite rare that young people in their youth are able to accurately determine in which professional field they would like to develop. Our project developments allow schoolchildren and their parents, as well as adults who want to change their profession, to choose a direction for study at a university or in additional professional education courses, and to decide on a future profession.”
2nd place – “Profor” Project team: Veronika Aparina, Kira Bogatkina, Anna Vaslyaeva, Ksenia Ignatyeva, Sofia Mazeina, Anna Shorohova (RISSO in business 3-1), leader – Elena Vadimovna Dianina.
Shorokhova Anna: “We thought for a long time about how to help schoolchildren with the choice of a university and profession, since we also faced this problem when entering. That’s why the idea arose to create a career guidance mobile application – “Profor”. We want the children to be able to understand their interests and find their favorite thing with the help of our mobile application.”
Subject: We are against crime and corruption 2nd place – “Connectify – there is a solution!” Project team: Angelina Igoshina, Victoria Zobnina, Ruslana Bulakh, Polina Savina, Lolita Krasotina (RISSO in business 2-3), leader – Alexandra Nikolaevna Timokhovich.
Bulakh Ruslana: “In the conditions of globalization of the labor market, the key factor of success is the ability to quickly find reliable business partners. We have developed a concept and solutions for a digital product that allows not only to quickly find the necessary professional contacts for business, but can be used as a network of professional connections necessary for career growth and professional self-realization.”
Nomination “PR-project”: Subject – Doing good 1st place – “Helping the tails” Authors: Ulyana Eremina, Elizaveta Patorova, Alexandra Podganina (RISSO in business 2-2), manager – Elena Vadimovna Dianina.
Topic — Live soberly! 3rd place — “Gambling is an irreversible choice” Authors: Violetta Vdovitsa, Alina Karpova, Shonia Sofiko (RISSO in business 3-1), leader — Elena Vadimovna Dianina.
Subject: We are against crime and corruption 3rd place: “Don’t tolerate! Don’t be afraid! Don’t be silent!” Authors: Bulakh Ruslana, Dudetskaya Victoria, Peldiakova Darya (RISSO in business 2-3), leader: Dianina Elena Vadimovna.
Topic — Social networks, or Where are you, our children? 2nd place — “Virtual shackles” Authors: Anastasia Lazinkova, Polina Pukhova, Maria Sineok (RISSO in business 2-3), leader — Elena Vadimovna Dianina.
3rd place – “Leaving Online 2.0” Authors: Marina Zotkina (PRK 1-1), Svetlana Akimova (RISSO in Business 4-2), supervisor – Elena Vadimovna Dianina.
3rd place – “Safe Path” Authors: Veronika Aparina, Sofia Mazeina (RISSO in business 3-1), leader – Alexandra Nikolaevna Timokhovich.
Topic: You need to live soberly 2nd place – “Every fifth” Authors: Egor Meshcheryakov, Violetta Evteeva, Artem Vozyakov (Digital Marketing Communications 3-2), supervisor – Alexandra Nikolaevna Timokhovich.
3rd place – “Make a conscious choice” Authors: Valeria Gusarova, Dmitry Dzhafarov, Ekaterina Kalchenko (RISSO in business 3-2), leader – Alexandra Nikolaevna Timokhovich.
Subject — Healthy lifestyle 1st place — “Beautiful jars are not for you” Authors: Ulyana Sorokina, Sofia Alekseeva (RISSO in business 3-3), leader — Alexandra Nikolaevna Timokhovich
2nd place – “The Key to a Happy Childhood” Authors: Elizaveta Chabanova, Sofia Petrova, Diana Shakurova (Promotion of New Business 3-1), supervisor – Alexandra Nikolaevna Timokhovich.
Topic: A strong family means a strong country 2nd place: “Take a step towards happiness” Authors: Daria Barinova, Kristina Kazakova, Linara Valeeva (RISSO in business 3-2), leader: Alexandra Nikolaevna Timokhovich.
Subject: Family and children’s problems 1st place – “It’s time to act” Authors: Elizaveta Ilyinichna Fedoseeva, Daria Aleksandrovna Yezhova (RISSO in business 3-1), supervisor – Alexandra Nikolaevna Timokhovich.
2nd place – “Don’t forget your elders” Authors: Dmitry Denisov, Pavel Polyakov, Riad Faig oglu Gubatov, Viktor Lozovsky (Promotion of new business 3-1), leader – Alexandra Nikolaevna Timokhovich.
Topic — Social networks, or Where are you, our children? 1st place — “Take a break” Authors: Anisimova Ioanna, Petrosyan Diana (Promotion of new business 3-1), supervisor — Timokhovich Alexandra Nikolaevna.
2nd place – “Protect yourself on the Internet” Authors: Salnikova Sabina, Karpova Alina, Korotkaya Daria (RISSO in business 3-1), supervisor – Timokhovich Alexandra Nikolaevna.
Subject: Ecoworld 1st place – “Take a pet from a shelter” Authors: Anna Badayeva, Ksenia Stavtseva (RISSO in business 3-1), leader – Alexandra Nikolaevna Timokhovich.
2nd place – “Don’t betray them” Authors: Elizaveta Zhazhina (Promotion of new business 3-1), supervisor – Alexandra Nikolaevna Timokhovich.
2nd place – “Let’s help together” Authors: Ksenia Kalichkova, Maria Vanyakina (Digital Marketing Communications 3-2), supervisor – Alexandra Nikolaevna Timokhovich.
3rd place – “Recycle for the sake of life” Authors: Ruslan Dasaev (RISSO in business 3-3), supervisor – Alexandra Nikolaevna Timokhovich.
3rd place – “Find a friend today” Authors: Maria Sitnikova, Nikita Anufriev (Digital Marketing Communications 3-1), supervisor – Alexandra Nikolaevna Timokhovich.
Nomination: “Outdoor and Print Advertising” Subject: Healthy Lifestyle 3rd place: “Live Here and Now” Authors: Stephanie Maria, Widow Violetta (RISSO in Business 3-1), manager: Timokhovich Alexandra Nikolaevna.
Congratulations to the winning teams and scientific supervisors!
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.
TEL AVIV, Israel, June 09, 2025 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of web data collection solutions, today announced an update to its revenue and Adjusted EBITDA outlook for the second quarter ending June 30, 2025, driven by enhanced momentum and demand from several existing customers since the previous guidance date, which has led to a significant increase in usage – resulting in higher-than-anticipated consumption of Alarum’s data collection products and services.
The Company now estimates to report second quarter 2025 revenue of approximately $8.8 million ±3%, compared to its previous estimate of $7.9 million ±3%. In addition, the Company now expects to report adjusted EBITDA ranging from $1.0 million to $1.5 million, compared to $0.5 million to $0.8 million. As previously highlighted, the market in which the Company operates is still taking shape and at this point continues to be highly dynamic and unpredictable. Volatility may remain high, and the Company is planning accordingly.
The Company is unable to present a reconciliation of its estimated adjusted EBITDA to net profit as it is unable to predict with reasonable certainty, and without unreasonable effort, the impact and timing of certain expenses on the Company’s net profit. The financial impact of these expenses is uncertain and is dependent on various factors, including timing, and could be material to the Company’s consolidated statements of profit or loss and other comprehensive income (loss).
This update is provided in accordance with the Company’s internal policy of issuing an update as its current quarterly revenue outlook is expected to deviate by at least 10% from the previously announced average of the outlook.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Alarum is using forward-looking statements in this press release when it provides updated estimates regarding second quarter 2025 revenues and Adjusted EBITDA, whether the recent surge in usage will continue in subsequent periods and potential volatility. Because such statements deal with future events and are based on Alarum’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Alarum could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Alarum’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 20, 2025, and in any subsequent filings with the SEC. Except as otherwise required by law, Alarum undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Alarum is not responsible for the contents of third-party websites.
The Company is providing revenue and adjusted EBITDA estimates in this press release, rather than final amounts, primarily because the financial closing process and review are not yet complete and, as a result, the Company’s final results upon completion of its closing process and review may vary from these preliminary estimates.
QUEBEC CITY, Canada, June 09, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-powered low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has entered into:
an eighteenth amending agreement (the “Eighteenth Amending Agreement”) with Fédération des caisses Desjardins du Québec (“Desjardins”) with respect to the amended and restated financing offer dated as of April 5, 2023 (the “Desjardins Credit Facility”), pursuant to which Desjardins has agreed to, among other things, temporarily postpone certain payments of interest and fees until January 31, 2026, subject to acceptable cash flow projected payments; and
a sixth amending agreement (the “Sixth Amending Agreement”) with the initial bridge lenders, certain members of management and the board of directors and FS Investment Management (collectively, the “Bridge Lenders”) with respect to the bridge financing offer dated as of August 16, 2024 (the “Bridge Financing Offer”) pursuant to which the Bridge Lenders have agreed to, among other things, extend the maturity of the bridge loan to January 31, 2026.
The Sixth Amending Agreement to the Bridge Financing Offer also provides for a new bridge to equity term loan by FS Investment Management in the amount of up to US$2,000,000 for the purposes of providing LeddarTech with the cash necessary to complete one or more equity investments or commercial transactions involving LeddarTech and its technology.
There is no certainty that LeddarTech will be able to raise additional funds or complete any commercial transaction and there can be no assurance that LeddarTech will be successful in pursuing and implementing any such alternatives, nor any assurance as to the outcome or timing of any such alternatives.
The foregoing descriptions of the Eighteenth Amending Agreement and the Sixth Amending Agreement do not purport to be complete and are qualified in their entirety by reference to such amendments, copies of which will be filed under LeddarTech’s SEDAR+ and EDGAR profiles at www.sedarplus.ca and www.sec.gov, respectively.
The term loan by FS Investment Management described above constitutes a “related-party transaction” within the meaning of Regulation 61-101respecting Protection of Minority Security Holders in Special Transactions (“Regulation 61-101”) as FS Investment Management is a related party of the Company under Regulation 61-101. The Company is relying on exemptions from the formal valuation requirements of Regulation 61-101 pursuant to section 5.5(a) and the minority shareholder approval requirements of Regulation 61-101 pursuant to section 5.7(1)(a) in respect of such related party’s participation as the fair market value of the transaction, insofar as it involves interested parties, does not exceed 25% of the Company’s market capitalization.
Return to Work of Certain Employees Following the Previously Announced Furlough
LeddarTech also announced a return to work, beginning on June 4th, of certain employees that had been affected by the previously announced workforce reduction. The employees that have resumed their functions are supporting various ongoing commercial activities. LeddarTech plans to progressively call back more of its employees that were furloughed in order to support such commercial activities. There can be no assurance as to the timing of such decision nor that such additional employees will be called back in the near term or at all.
About LeddarTech
A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.
LeddarTech is responsible for several remote-sensing innovations, with over 190 patent applications (112 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.
Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws), including, but not limited to, statements relating to LeddarTech’s anticipated strategy, future operations, prospects, objectives and financial projections and other financial metrics, its plans to call back employees who have been laid off as well as expectations regarding the anticipated performance, adoption and commercialization of its products. 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 “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend” and other similar expressions among others. 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 and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: (i) our ability to continue to maintain compliance with Nasdaq continued listing standards following our transfer to the Nasdaq Capital Market, (ii) our ability to timely access sufficient capital and financing on favorable terms or at all; (iii) our ability to maintain compliance with our debt covenants, including our ability to enter into any forbearance agreements, waivers or amendments with, or obtain other relief from, our lenders as needed; (iv) discussions regarding potential alternatives relating to refinancing, recapitalization or any commercial or other suitable transaction; (v) our ability to execute on our business model, achieve design wins and generate meaningful revenue; (vi) our ability to successfully commercialize our product offering at scale, whether through the collaboration agreement with Texas Instruments, a collaboration with a Tier 2 supplier or otherwise; (vii) changes in our strategy, future operations, financial position, estimated revenues and losses, projected costs and plans; (viii) changes in general economic and/or industry-specific conditions; (ix) our ability to retain, attract and hire key personnel; (x) potential adverse changes to relationships with our customers, employees, suppliers or other parties; (xi) legislative, regulatory and economic developments; (xii) the outcome of any known and unknown litigation and regulatory proceedings; (xiii) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, outbreak of war or hostilities and any epidemic, pandemic or disease outbreak, as well as management’s response to any of the aforementioned factors; and (xiv) other risk factors as detailed from time to time in LeddarTech’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the risk factors contained in LeddarTech’s Form 20-F filed with the SEC. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: Chris Stewart, Chief Financial Officer, LeddarTech Holdings Inc. Tel.: +1-514-427-0858, chris.stewart@leddartech.com
Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.
LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol “LDTC.”
TORONTO, ON, June 09, 2025 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”) is pleased to announce the successful closing of a US$5.0 million secured loan investment in a leading US-based hospitality management company and technology platform.
The investment is part of a broader US$50 million senior secured unitranche loan transaction with a consortium of lenders led by Beedie Investments Ltd. (“Beedie Capital”), which is also the administrative and collateral agent.
This transaction underscores Flow Capital’s continued momentum as a preferred partner for both high-growth companies across North America and leading institutional capital providers in the space.
Technology companies seeking covenant-light, founder-friendly growth capital are invited to apply for funding directly at www.flowcap.com/get-funding.
About Beedie Capital
Beedie Capital is a multi-strategy direct investment platform that manages the alternative investments for Beedie, one of the largest private companies in Western Canada. It deploys capital using a flexible, evergreen mandate, and applies a highly agnostic approach to the duration, structure and size of its investments. Beedie Capital combines the strategic capabilities of an institutional investment platform with the flexibility and entrepreneurial mindset of a privately owned business.
Beedie Capital invests in any sector, with a core focus on Technology, Tech-enabled Services, and Metals and Mining, and seeks to grow its invested capital alongside the enterprise value of its investments.
Flow Capital Corp. is a publicly listed provider of flexible growth capital and alternative debt solutions dedicated to supporting high-growth companies. Since its inception in 2018, the company has provided financing to businesses in the US, the UK, and Canada, helping them achieve accelerated growth without the dilutive impact of equity financing or the complexities of traditional bank loans. Flow Capital focuses on revenue-generating, VC-backed, and founder-owned companies seeking $2 to $10 million in capital to drive their continued expansion.
47 Colborne Street, Suite 303, Toronto, Ontario M5E 1P8
Forward-Looking Information and Statements
Certain statements herein may be “forward-looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Flow or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Flow assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.
TORONTO, June 09, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3), the Bitcoin Ecosystem Company, is pleased to announce the formation of its Strategic Advisory Board. This diverse group of advisors will guide Matador as it scales its Bitcoin treasury balance sheet strategy and real-world asset (“RWA”) platform.
The Strategic Advisory Board includes:
David Bailey David Bailey | CEO of BTC Inc | Founder & CEO of Nakamoto Inc | General Partner at UTXO Management David Bailey is the Co-founder and CEO of BTC Inc, the company behind Bitcoin Magazine and the Bitcoin conference. Since 2013, he has helped shape the global Bitcoin ecosystem through media, events, and venture incubation. A vocal advocate for hyperbitcoinization, David served as a surrogate for the Trump 2024 campaign, helping define its Bitcoin strategy. He also sits on the board of the Bitcoin Policy Institute. In 2025, David founded Nakamoto Inc, a Bitcoin-native holding company focused on building a publicly traded Bitcoin conglomerate. Nakamoto recently merged with KindlyMD (NASDAQ: NAKA) and is executing a Bitcoin treasury strategy backed by a US$710M capital raise. David is a General Partner at UTXO Management, an early investor in Metaplanet (TYO: 3350, OTC: MTPLF). Through BTC Inc, he partnered with Strategy (NASDAQ: MSTR) to launch Bitcoin for Corporations, helping companies adopt Bitcoin for their balance sheets and treasury management.
Brad Mills Entrepreneur | Bitcoin Investor | Value Maximalist Brad Mills is a seasoned entrepreneur, investor, and early Bitcoin advocate active since 2011. With a long history in Bitcoin mining, strategic investing, Bitcoin angel investing and building successful media ventures, Brad champions Bitcoin’s transformative economic and social potential. As a committed “Value Maximalist,” Brad strategically aligns his focus on long-term Bitcoin treasury strategies, community engagement, and driving impactful adoption. In his advisory role at Matador, Brad will leverage his expertise to shape the company’s Bitcoin treasury model, accelerate market entry, and cultivate a vibrant Bitcoin-centric community.
Dave Forestell Public Policy & Corporate Affairs Executive | Former Barrick Gold Executive Dave Forestell brings deep expertise at the intersection of natural resources, public markets, and public policy. He is currently Chair of the Board at the Alcohol and Gaming Commission of Ontario and served as the Founding Chair of iGaming Ontario (2022–2024), where he oversaw the launch of Ontario’s online gaming market—generating $1.4 billion in revenue in year one and $2.4 billion in year two, with total wagers exceeding $82.7 billion. Dave previously served as Vice President, Corporate Affairs at Barrick Gold, one of the world’s largest gold producers, where he led global stakeholder engagement, government relations, and ESG strategy. He also served as Chair (2015–2017) of the Cerro Casale Joint Venture (Barrick/Kinross), a gold project with over 17 million ounces of proven and probable reserves. His leadership navigating complex regulatory frameworks and deep understanding of global commodities make him an invaluable advisor as Matador builds products at the intersection of Bitcoin, gold, and financial innovation.
“We’re incredibly proud of the advisory team we’ve assembled,” said Deven Soni, CEO of Matador Technologies Inc. “Each member brings a powerful blend of industry expertise, principled leadership, and deep commitment to Bitcoin. Together, they will help Matador accelerate its mission of bridging traditional assets with the Bitcoin economy.”
“Bitcoin is changing everything—from money to markets to nation-states,” added Mark Moss, Chief Visionary Officer of Matador. “Our advisors are not just spectators—they are builders of the new financial system. Their collective insight will guide us through the next phase of our growth.”
Matador would also like to thank Darius Eghdami and Michael Wekerle for their past contributions as advisory board members. Their support and guidance helped shape the foundation of Matador’s early growth and positioning in the Bitcoin ecosystem.
Matador continues to differentiate itself as a Bitcoin Ecosystem company accumulating Bitcoin as its primary treasury asset and developing products on the Bitcoin network. This approach focuses on creating institutional-grade tools to unlock Bitcoin’s full potential as both a treasury reserve and an infrastructure for new digital assets.
The Company trades on the TSX Venture Exchange under the symbol MATA, on the OTCQB under MATAF and now on the Frankfurt Stock Exchange under the symbol IU3.
For additional information, please contact:
Media Contact: Sunny Ray President Email: sunny@matador.network Phone: 647-496-6282
About Matador Technologies Inc. Matador Technologies Inc. is a publicly traded Bitcoin ecosystem company that holds Bitcoin as its primary treasury asset and builds products to enhance the Bitcoin network. Through a self-reinforcing model that combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, Matador aims to grow long-term shareholder value without dilution.
The Company’s flagship offering, the Digital Gold Platform, allows users to buy, sell, and trade 1-gram gold units on the Bitcoin blockchain—bridging traditional value with decentralized technology. With a Bitcoin-first strategy, a debt-free balance sheet, and a clear focus on innovation, Matador is helping shape the future of financial infrastructure on Bitcoin. Visit us online at https://www.matador.network/.
Cautionary Statement Regarding Forward-Looking Information
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy, receipt of regulatory approvals, and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
The central government on Monday notified key amendments to the Special Economic Zones (SEZ) Rules, 2006, to ease the establishment of semiconductor and electronics component manufacturing units. The reforms, which were notified by the Department of Commerce on June 3, are expected to address the sector’s capital-intensive nature and long gestation periods, while reducing import dependency and enabling domestic value addition.
One of the major changes includes the reduction in the minimum land requirement for SEZs dedicated exclusively to semiconductor or electronics component manufacturing. The threshold has been brought down from 50 hectares to 10 hectares through an amendment to Rule 5, significantly lowering the entry barrier for firms in this strategic sector. The Centre has also amended Rule 7 to permit the Board of Approval to relax the requirement of encumbrance-free land in cases where the land is mortgaged or leased to Central or State governments or their authorised agencies.
Further easing compliance norms, the government has amended Rule 53 to allow goods received or supplied on a free-of-cost basis to be included in the Net Foreign Exchange (NFE) calculations. The valuation of such goods will follow the existing customs valuation rules. Additionally, a crucial change to Rule 18 enables SEZ units in the semiconductor and electronics component manufacturing sectors to sell products in the domestic tariff area (DTA) after paying the applicable duties. This is expected to enhance the flexibility and commercial viability of operations for SEZ units.
Following the notification, the Board of Approval has cleared two significant proposals under the new regime. Micron Semiconductor Technology India Pvt. Ltd. (MSTI) has received the green light to set up a dedicated SEZ in Sanand, Gujarat, over 37.64 hectares. The facility is expected to attract investments to the tune of ₹13,000 crore and will focus on semiconductor manufacturing.
Similarly, Hubballi Durable Goods Cluster Pvt. Ltd., part of the Aequs Group, has secured approval for setting up an SEZ for electronics components manufacturing in Dharwad, Karnataka. The proposed unit will span 11.55 hectares and entail an investment of ₹100 crore.
Source: Hong Kong Government special administrative region
LegCo to consider Housing (Amendment) Bill 2025 The Legislative Council (LegCo) will hold a meeting on Wednesday (June 11) at 11am in the Chamber of the LegCo Complex. During the meeting, the Second Reading debate on the Housing (Amendment) Bill 2025 will resume. If the Bill is supported by Members and receives its Second Reading, it will stand committed to the committee of the whole Council. After the committee of the whole Council has completed consideration of the Bill and its report is adopted by the Council, the Bill will be set down for the Third Reading.
The Second Reading debates on the Buildings Energy Efficiency (Amendment) Bill 2025 and the Road Traffic (Amendment) Bill 2025 will also resume. If the Bills are supported by Members and receive their Second Reading, they will stand committed to the committee of the whole Council. After the committee of the whole Council has completed consideration of the Bills and their reports are adopted by the Council, the Bills will be set down for the Third Reading. Mr Sunny Tan will move a motion on “Stimulating the vigorous development of Hong Kong’s small and medium enterprises with new quality productive forces and actively dovetailing with the country’s high-quality ‘going global’ strategy”. The motion is set out in Appendix 2. Mr Erik Yim will move an amendment to Mr Tan’s motion.
Members will also ask the Government 22 questions on various policy areas, six of which require oral replies.
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) — Outbrain Inc. (NASDAQ: OB), which is operating under the new Teads brand following Outbrain’s acquisition of Teads in February 2025, announced today that the combined company has completed its corporate renaming from “Outbrain Inc.” to “Teads Holding Co.” The combined company will begin trading under the new ticker symbol “TEAD” on the Nasdaq effective June 10, 2025.
“The name change is an important milestone to complete the combined company’s rebrand,” said David Kostman, Teads CEO. “Teads is now one of the largest platforms on the premium open internet, combining the legacy companies’ strengths in performance and branding into an end-to-end platform focused on measurable outcomes for advertisers,” added Kostman.
The change will not impact current stockholders, contracts, or operations. No action is required by shareholders in connection with the name change.
Additional details can be found in the company’s Form 8-K filed with the SEC today.
About Teads Teads is the omnichannel outcomes platform for the open internet, driving full-funnel results for marketers across premium media. With a focus on meaningful business outcomes for branding and performance objectives, the combined company ensures value is driven with every media dollar by leveraging predictive AI technology to connect quality media, beautiful brand creative, and context-driven addressability and measurement. One of the most scaled advertising platforms on the open internet, Teads is directly partnered with more than 10,000 publishers and 20,000 advertisers globally. The company is headquartered in New York, with a global team of nearly 1,800 people in 36 countries.
Source: People’s Republic of China – Ministry of National Defense
BEIJING, June 9 — “The 20th meeting of the Experts’ Working Group on Peacekeeping Operations under the ASEAN Defence Ministers’ Meeting Plus (ADMM-Plus) will be held in China’s Nanjing City from June 11 to 14,” said a Chinese defense spokesperson at a press briefing on Monday.
Senior Colonel Jiang Bin, spokesperson for China’s Ministry of National Defense, said that the member states and observer states of the ADMM-Plus, as well as the United Nations and the ASEAN Secretariat will send representatives to the event.
According to the spokesperson, themed on “Technology and Innovation: Enhancing Military Cooperation in Peacekeeping Operations”, the meeting aims to deepen military mutual trust and security cooperation among regional countries and enhance their capacities of peacekeeping operations.
Source: United Kingdom – Executive Government & Departments
Speech
Prime Minister’s remarks at London Tech Week 2025: Monday 9 June
Prime Minister Keir Starmer’s remarks at London Tech Week 2025.
Thank you so much. It’s really fantastic to stand here and look out and see so many people in this room—to get a real sense of the energy, the commitment, and the professionalism, the entrepreneurial spirit that we have here.
Let me start by thanking you all for being here. We’re going to have a really good Tech Week. We already kicked off yesterday. We’ve got some major announcements to make, some real partnerships to build together, and I’m just so pleased to have this opportunity—this privilege—of opening this morning. It’s a real pleasure for me.
My constituency, the area I represent, is London. I’m a London MP, and that means I understand first hand just how important our sector is as we go forward—whether it’s entrepreneurs or the spirit in London, this is hugely, hugely important.
We have to recognise that for many people, they see AI and tech as transformative—something that’s going to do so much. And every time we say “over five years or ten years,” everybody says to me “it’s going to be more like five years or three years.” We’re going to bring about great change in so many aspects of our lives. Whether that’s in health—where I’ve seen for myself the incredible contribution that tech and AI can make. I was in a hospital up in the Midlands, talking to consultants who deal with strokes. They showed me the equipment and techniques that they are using – using AI to isolate where the clot is in the brain in a micro-second of the time it would have taken otherwise. Brilliantly saving people’s lives. Shortly after that, I had an incident where I was being shown AI and stethoscopes working together to predict any problems someone might have. So whether it’s health or other sectors, it’s hugely transformative what can be done here.
Last Monday, I was in Scotland launching the Strategic Defence Review of the government. This was a review I commissioned soon after we came into power to tell me what are the risks we face as a country in this new era? What are the challenges? What are our capabilities? And how do we make sure that, as we go forward, our capabilities match the risks and challenges we face as a country.
In that, tech and AI were absolutely central. Over the last three years or more, during this awful conflict in Ukraine—I’ve been back to Ukraine on a number of occasions in that period to have in-depth conversations with President Zelensky to make sure our support is in the right place. But I was really struck, on the trip before last—probably about six or seven weeks ago—by the extent to which technology and AI are now having a direct impact in that conflict. In three years of conflict, the way that war is being fought has changed profoundly.
So I wanted that hardwired into our Defence Review—a sense of how AI could be driving change. There are so many examples across government. I’ve set the challenge to all of my teams: show me how they can use AI—not just in the output of government, not just in partnership with yourselves and others in the delivery of services—but also in the very way we do government. How can we transform what we do?
There are certainly examples of that. I spoke to a social worker in Downing Street at one of our receptions. She explained to me, with a smile on her face, just how AI is slashing her paperwork and her caseload. She talked me through how she’s now doing her work. What she said was that this was helping her transform her work—because she could concentrate on the human element of it. She could use AI and tech to help with the parts that could be done more quickly. And from that, I’ve always said: AI and tech make us more human. It may sound like an odd thing to say, but it’s true—and we need to say it. Because, some people out there are sceptical. They worry about AI taking their jobs. But I know from audiences like this, this debate has been had many times. We need to push past it. But people worry: will it make their lives more comfortable? Even for businesses, the pace of change can feel relentless. I know you all get that. But when it comes to harnessing the power of this technology, I believe the way we work through this together is critical. And that means partnership and partnership is at the heart of everything we do in government—working with you. You are the entrepreneurs who will drive this country forward. Our job as partners is to create the best possible conditions for you to succeed. That’s why events like this—and the conversations we have in the margins—are so important. Because we can only create the right conditions if we’re having that conversation. You’re able to put your fingerprints on what we’re doing.
Just look at the raw facts. This industry supports over 2 million jobs. That’s incredible. Or take this statistic: in 2023, our AI sector grew 30 times faster than the rest of the economy. That is incredible. So this is about what we’ve achieved. It’s about who we are as a nation. What signal do we want to send to the rest of the world? The signal I want to send is this: a Britain that, after years of chaos, is a stable partner for investment. A Britain that believes the future should be shaped by our values. And that in this volatile world, is proud, unashamed, open for business.
I think—and hope—you can see that in our approach to trade, in the new deals we’ve done just in the last few months. We’re determined to create new markets—whether that’s in India, the US, or Europe. You can see it in our openness to investment as well. On that front, I’m really pleased to welcome what I see as yet another vote of confidence in Britain today: the announcement that Liquidity will base their European headquarters right here in London. That’s a £1.5 billion investment into our economy. It means better access to finance for entrepreneurs right across the country. It’s a vote of confidence in our AI Opportunities Action Plan as well. We put that plan out at the beginning of the year. We’re really proud of it—50 recommendations, all of them accepted by the government. At the heart of it is partnership in action. It shows our ambition to be the best state partner for tech entrepreneurs anywhere in the world. That’s the bar. That’s the ambition I’ve set.
So I can also announce today that we’re committing an extra £1 billion of funding to scale up our compute power by a factor of 20. You know how important that is— a huge increase in the size of Britain’s AI engine. It means we can be an AI maker, not just an AI taker. More importantly, it means we have the digital infrastructure we need to make sure AI improves our public services. Because we do have a defining mission in that plan—a responsibility, if you like—to harness this unprecedented opportunity and use it to improve the lives of working people. This is a shared mission. We’re a mission-driven government. But this is a shared mission. Because social fear I was talking about a moment ago—trust me, I think that is the challenge for adoption. It’s a far greater challenge than the regulatory barrier, although that can be a challenge too. But it’s an area where government can help—where we can do our bit in this partnership.
Take planning, for example, which is a huge priority for this government. We are going to build more labs, more data centres—and we’re going to do it much, much more quickly. Our Planning and Infrastructure Bill going through Parliament right now is a real game-changer. Each of you in this room knows how important it is to change our rules on planning, infrastructure, and the regulatory environment—and how that can drive growth in building homes – what a difference that could make. Again, the human that sits there with the tech and the AI—because the security of having an affordable home is hugely important. I come from a working-class background, and at times we struggled as a family to make ends meet. But we owned our home, and that gave me a sense of security—a base camp, if you like—on which I could build my life, my opportunities, and my aspirations. I want that to be there for everyone in the country—that base camp. And AI can help on this.
This is how we explain and lead people down this transformative path. And in that way, in pushing forward, we’ve developed a powerful new tool. We’ve done this in-house, and I’m really proud of that—that as a government, we’ve taken on the challenge and developed something in-house, just to prove that governments can innovate. We use that word all the time, and some people don’t associate it with government—but we have. We’ve developed what we call Extract. It’s being trialled in councils in Exeter, Westminster, Nuneaton and Bedworth. It takes old, handwritten planning documents and put them into digital form in seconds. Jobs that would otherwise have taken hours and hours—done in seconds. A hundred planning records per day, and the usual average up till now is five. So, you can see—it’s a huge productivity boost and we want to roll that out. It doesn’t just show that the government can innovate, it also means faster planning decisions, which I think comes as a relief to many people in this room and beyond—both in AI and in British business more broadly. And of course, it’s money-saved for councils, so they can spend their money on other things. It turns into more growth and more opportunity.
But most of all, it speeds up the future that we need. AI innovation making a difference for working people. The same, of course, is true across the public realm. We’re looking at how AI can speed up discharges from hospitals—hugely important. I’ve looked into this in our hospitals. Getting people out the back door more quickly—AI can help with that. Same with the asylum backlog, how can AI and tech help us deal with that? Or teachers—helping them personalise lessons for their pupils. Again, using their time better, making them more human. Giving them that interaction so that every child gets the best possible chance in life. What a difference personalising what they do can make to so many children.
In every case, you can show AI innovation making a difference for working people. But to truly succeed in this mission then one of the biggest parts, and you’ll all have heard this many, many times in the conversation about AI, tech, growth and investment and business. It always comes back to this point: skills. It is one of the key concerns in any business in technology—actually, in any business pretty much across the board—one of the great worries for working people, and the same for any parent, is always: What does this mean for my children? What does it mean for their future? So today, I am really delighted to announce what is a step change in how we train homegrown talent in AI. A partnership with 11 major companies to train 7.5 million workers in AI by 2030.
I would also like to thank NVIDIA for partnering on a new pipeline. Jensen is here with us for the “in conversation” we’re so grateful for that partnership. That allows us to expand their lab in Bristol, and that will make a huge difference to opportunity and jobs in the South West. We’re also going to bring the full powers of government with a new tech-first training programme. That’s up to 1 million young people trained in tech skills—that will be so crucial for their future. That’s a £185 million investment, embedding AI right through our education system, starting in our secondary schools with subjects like computer science. At universities, a new scholarship programme for high-flying students—supporting the best and brightest personally, so they can focus on their research on the next frontier.
So from school all the way through—and on top of that, extra support for small businesses, along with their student leavers, so they can recruit the technology skills they need. And this—trust me—is a package that should make a massive difference to the aspirations of working people.
At the end of the day, that is what this must be about. I want young people in the poorer parts of my constituency—and I’m thinking in particular of a place like Somers Town, between Euston and King’s Cross, where there’s so much of that tech and entrepreneurial AI belief—I want the children in Somers Town to look out of their classroom windows and feel “yes, I can be part of that success. This could belong to me.”
That’s why the work we’re doing in schools, universities and colleges is so important—to make them feel they’ve got a role, they’ve got aspiration, they’ve got a future. They can’t aspire to do something unless they can see it, feel it, and understand what it is. In this country, the technology needs to be built in our brain. Just to give a short example of that—praising tech companies for investing in Somers Town. I’ve thrown this challenge out many, many times: how do we make the children in the poorest part of my constituency aspire to work in your centre? And Google AI opened a campus in Somers Town. They’ve taken up that challenge. It is tremendous. I went there for the opening—it’s right next to the school where I envisage those students who wouldn’t necessarily have seen their future in tech. And now that campus is right next to their school they can see it every day and they can feel it.
That’s a really good example. Thank you to the tech sector for stepping up to that challenge. But now we need to go further. By the end of this Parliament, we should be able to look every parent the eye, in every region in Britain and say – look what technology can deliver for you. We can put money in your pocket; we can create wealth in your community; we can create good jobs and vastly improve our public services and build a better future for your children. That is the opportunity we must seize, that is what my Plan for Change will deliver. And today, I think we’re taking another big step towards it.
So thank you very much for being here and thank you for letting me have the privilege of opening today. Thank you.
TAIPEI, Taiwan, June 09, 2025 (GLOBE NEWSWIRE) — The Taiwan Investor Relations Institute (TIRI) is proud to announce a new milestone in its long-standing collaboration with the National Investor Relations Institute (NIRI): The Association for Investor Relations (IR). This enhanced partnership marks a meaningful step forward in advancing IR education and aligning professional standards between Taiwan and global markets.
Left: Jack Chang, Executive Director ofthe Taiwan Investor Relations Institute (TIRI) Right: Matthew Brusch, President and CEO of the National Investor Relations Institute (NIRI)
This collaboration was formally presented during the book presentation ceremony on the morning of June 3, 2025 (local time), at the NIRI Annual Conference in Boston. Representing TIRI, Executive Director Jack Chang officially delivered the first-ever authorized Chinese translation of the Investor Relations Body of Knowledge, 2nd Edition—a significant achievement in IR knowledge transfer and international integration.
“The translation effort was made possible through the contributions of TIRI board directors and senior members with extensive experience in corporate finance, capital markets, and investor communication,” said Jack Chang. “Over five months, they volunteered more than 200 hours to ensure both accuracy and localization for Taiwan’s financial sector.”
From left to right: Jack Chang, Executive Director, and Pansy Yang, Director of Secretariat of TIRI; Matthew Brusch, President and CEO; Remy Bernarda, Incoming Chair; and John Moten, Finance Executive and Immediate Past Chair of NIRI.
The project aligns with TIRI’s broader vision—under the leadership of Chairman Jonny Kuo—to establish a structured, internationally oriented IR education framework while promoting transparency, ESG engagement, and effective stakeholder communication.
Through this collaboration, TIRI members gain access to NIRI’s globally respected resources, including its core curriculum and the Investor Relations Charter (IRC) credential—helping foster IR professionalism and international integration.
This milestone publication not only reflects TIRI’s progress in institutionalizing IR education, but also lays the groundwork for cross-border knowledge exchange and deeper regional collaboration in Asia’s IR landscape.
SAN SALVADOR, El Salvador, June 09, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has integrated Bluefin, a decentralized spot and derivatives trading protocol on the Sui blockchain. The integration enables users to connect directly to Bluefin via Bitget Wallet, unlocking access to onchain perpetual trading, token swaps, and lending features.
To mark the launch, the two platforms have rolled out a joint campaign featuring a $50,000 prize pool in BLUE tokens. Users can participate in the campaign by completing onchain tasks such as adding SUI-USDC liquidity or lending SUI on Bluefin between June 9 and June 23.
Bluefin is an order book-based decentralized exchange designed for both professional and beginner traders, providing up to 20x leverage on perpetual contracts and a non-custodial lending platform through its AlphaLend product. Built on Sui, the protocol is optimized for low-latency, transparent onchain trading, and has gained traction as a key infrastructure layer within the Sui DeFi ecosystem. Its secure design and product suite aim to streamline advanced trading strategies without centralized risk.
The integration allows Bitget Wallet users to interact with Bluefin directly from their wallets, part of the company’s broader effort to consolidate trading, earning, and DeFi exploration into a single interface. With support for over 130 blockchains and in-app tools like advanced swap routing and Alpha market insights, Bitget Wallet is positioning itself as a core access point for everyday onchain activity.
“As crypto adoption accelerates, we’re seeing wallets evolve into full-service interfaces for financial interaction,” said Alvin Kan, COO of Bitget Wallet. “Our integration with Bluefin brings high-performance onchain trading to the forefront, simplifying access to decentralized markets on Sui while maintaining security and self-custody for users.”
Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
Union Minister of Commerce and Industry, Piyush Goyal, commenced his official visit to Switzerland today as part of a five-day tour of Switzerland and Sweden from June 9 to 13. The visit aims to deepen India’s strategic and economic engagements with key European partners, with a focus on promoting trade, investment, and sustainable growth.
The Minister’s visit to Switzerland includes high-level meetings with global CEOs, senior government officials, and prominent Swiss industry leaders. Sector-specific engagements are scheduled in key areas such as pharmaceuticals, life sciences, precision engineering, machine tools, and high-tech manufacturing. Goyal is also set to meet Federal Councillor Guy Parmelin to further bolster bilateral trade and diplomatic ties.
During his stay in Switzerland, Goyal will hold one-on-one discussions with representatives of major Swiss companies. Indian industry leaders will also be part of these meetings, facilitating direct interaction and exploring collaboration opportunities. The Minister will participate in the Swissmem Industry Day and a Business Round Table with the Swiss Mechanical and Electrical (MEM) Industry, where deliberations will focus on the potential of the India-EFTA Trade and Economic Partnership Agreement (TEPA). In addition, he will interact with the ICAI Zurich Chapter and engage with members of the Indian media.
Following his engagements in Switzerland, Shri Goyal will travel to Sweden to co-chair the 21st session of the Indo-Swedish Joint Commission for Economic, Industrial and Scientific Cooperation (JCEISC) alongside Sweden’s Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa.
The visit to Sweden includes bilateral meetings with Dousa and Håkan Jevrell, State Secretary to the Minister of Development Cooperation and Foreign Trade.
In Sweden, Goyal will also participate in the India-Sweden Business Leaders’ Round Table and engage in one-on-one meetings with top Swedish companies across sectors such as innovation, green technologies, sustainable solutions, and advanced manufacturing. Companies with a strong presence in India or ongoing interest, including Ericsson, Volvo Group, IKEA, Sandvik, Alfa Laval, and SAAB, are expected to take part in these interactions.