Category: Technology

MIL-OSI United Kingdom: UKAEA develops 3D printing for fusion components
Source: United Kingdom – Government Statements

Press release

UKAEA develops 3D printing for fusion components

UKAEA’s new additive manufacturing – also known as 3D printing – machines offer new opportunities to produce highly specialised components for fusion machines.
Freemelt (left) and Nikon SLM (right) teams at Central Support Facility launch event with UKAEA’s Roy Marshall (centre) – Image Credit: United Kingdom Atomic Energy Authority

The United Kingdom Atomic Energy Authority (UKAEA) has begun using two additive manufacturing – or 3D printing – machines that use complementary methods to manufacture components for future fusion machines.

At its recently opened Central Support Facility (CSF), UKAEA has commissioned an electron beam additive manufacturing machine that will mainly be used to incorporate tungsten into components, alongside a selective laser manufacturing machine.

Fusion can play a key role in a global low carbon energy future. However, the components within future fusion power plants will have to operate under complex and challenging conditions, including extreme temperatures, high neutron loads, and strong magnetic fields. As a result, they require complex combinations of materials and precision engineering.

Additive manufacturing is well suited to producing materials with intricate designs, and in low volumes, making it ideal for a sector such as fusion, where – for the near future – each fusion machine will be highly individual and require bespoke components. As a result, UKAEA believes that 3D printing can play an important role in the future of fusion reducing the costs of this precision manufacturing, and has commissioned the machines to demonstrate two complementary 3D printing methods to produce fusion components.

The eMELT Electron Beam Powder Bed Fusion (E-PBF) additive machine, made by Freemelt, will use electron beam technology to join tungsten in powder-form into solid components with almost 100 percent density. The eMELTmachine will be used to layer tungsten onto other materials such as copper chrome zirconium, stainless steel and Eurofer 97, a special type of steel developed for use in fusion machines.

The SLM280 – Selective Laser Manufacturing – will be used to experiment with how to produce components with the complex geometries and material combinations that will be essential for successful fusion plants. The SLM280 is manufactured by Nikon SLM, provided by Kingsbury Machine Tools, supported by Additure.

Both 3D printing technologies will support the manufacture of plasma-facing components that will be exposed to extreme temperatures during their operational lifecycle. The machines will also reduce the reliance on traditional techniques such as welding, reducing the number of manufacturing operations and joining processes.

Roy Marshall, Head of Operations for Fabrication, Installation and Maintenance, at UKAEA said:

Future fusion power plants will require thousands – or even millions – of components with complex geometries that can withstand the extreme conditions of a fusion environment.

UKAEA believes that additive manufacturing will be essential to developing these components at a scale that makes fusion commercially viable.

We have commissioned two complementary additive manufacturing machines so we can demonstrate that fusion components can be printed at a production scale, enabling the fusion industry to develop components at our facilities that would otherwise be commercially prohibitive.

Using these machines will enable parts and geometries to be produced more efficiently than by using traditional fabrication methods.

Many companies will have either an electron beam machine or selective laser manufacturing technology but having both capabilities under one roof – and able to produce components at scale – is a first for the fusion industry.

Viktor Valk, Regional Manager, EMEA at Freemelt said:

We are honoured to support UKAEA in their important work to advance fusion energy as a commercially viable energy source. The use of Freemelt’s industrial machine eMELT to produce tungsten plasma-facing components exposed to extreme conditions in fusion energy machines, marks an important step in applying our E-PBF technology to fusion energy development.

Christoph Barefoot, Regional Business Director UK & Nordics, Nikon SLM Solutions, said:

Fusion represents the future of energy – but it can only be realized through bold innovation and trusted collaboration. At Nikon SLM Solutions, we are proud to support UKAEA’s mission with our industry-leading Selective Laser Melting technology, helping make complex, high-performance fusion components not just possible, but scalable. With this milestone, we move one step closer to commercial fusion – and a more sustainable tomorrow.

The CSF brings together this technology with purpose-built workshops into one building – alongside UKAEA’s Manufacturing Support Team and Special Techniques Group – to enable collaboration between manufacturing teams and to support fusion research and development. UKAEA is now working to prepare commercial partners for the large scale production that is essential for the fusion energy plants of the future.

Both machines will now start the work of producing challenging geometries and undertake experiments exploring the properties of additive manufactured materials. This work will be followed by initial stages of manufacturing involving tungsten and copper chrome zirconium layering.

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Published 22 July 2025
MIL OSI United Kingdom –
July 22, 2025
MIL-OSI: Bispecific Antibodies Market Set to Surge to $163.15 Billion by 2032, Driven by a Robust 40.1% CAGR | Roche, Amgen, and Johnson & Johnson at the Forefront: AnalystView Market Insights
Source: GlobeNewswire (MIL-OSI)

San Francisco, USA, July 22, 2025 (GLOBE NEWSWIRE) — The global bispecific antibodies market is witnessing a transformative surge, projected to grow at an impressive compound annual growth rate (CAGR) of 40.10%, reaching a valuation of approximately USD 163,149.35 million by 2032. This extraordinary growth is propelled by the increasing adoption of bispecific antibody therapies in oncology and immunology, groundbreaking clinical outcomes, and robust R&D investments aimed at next-generation biologics.

Bispecific antibodies are bioengineered molecules designed to simultaneously recognize and bind to two different antigens or epitopes. Unlike monoclonal antibodies that target a single antigen, bispecific antibodies can link a disease-related antigen (such as one found on cancer cells) to another molecule—often a T-cell—thus redirecting immune cells to attack malignant tissues with heightened precision. This dual-binding capability is unlocking new therapeutic possibilities in cancer, autoimmune diseases, and infectious diseases. As of 2024, over 300 bispecific antibodies are in global clinical development, with 14 already approved by the U.S. FDA, reflecting the sector’s rapid growth and clinical validation.

Download Free Sample Report PDF @ https://www.analystviewmarketinsights.com/request_sample/AV4090

Global Bispecific Antibodies Market Key Players- Detailed Competitive Insights
- Amgen
- Genentech
- Akeso, Inc.
- Taisho Pharmaceutical
- Janssen
- Immunocore
- Adimab, Innovent Biologics, Inc.
- AstraZeneca
- Affimed GmbH
- Xencor
- F. Hoffmann-La Roche Ltd.
- Sanofi
- Regeneron Pharmaceuticals Inc.
- Pieris Pharmaceuticals, Inc.
- Eli Lilly
- Mereo BioPharma Group plc
- Merus
- MacroGenics, Inc.
- Sobi, TG Therapeutics Inc.
- Genmab A/S
- Alteogen
- Emergent BioSolutions Inc.
- Novartis AG
- Astellas Pharma Inc.
- Celgene Corporation
- Others
Market Drivers

1. Increasing Cancer Prevalence Globally
Cancer remains a global health crisis, with the World Health Organization (WHO) estimating around 19.3 million new cancer cases and nearly 10 million deaths in 2023 alone. Traditional therapies are often limited by poor specificity and severe side effects, which have shifted the focus toward more targeted modalities, such as bispecific antibodies. Their unique mechanism allows precise tumor targeting while preserving healthy tissues, making them a preferred choice for next-gen cancer therapies.

2. Regulatory Approvals and Accelerated Development Pathways
The U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have actively supported innovative antibody therapeutics. Between 2022 and 2024, the FDA approved six bispecific antibodies, a testament to their growing clinical value. Regulatory agencies are also introducing expedited pathways for breakthrough therapies, speeding up market entry for promising candidates.

3. Rising Investments in Immunotherapy and Biologics
Governments and private players are significantly boosting funding for immunotherapy research. For instance, the U.S. National Cancer Institute (NCI) allocated over USD 15 billion toward cancer research in 2023, a portion of which is directed toward the development of targeted therapies, including bispecific antibodies. This capital influx is catalyzing clinical trials, molecule discovery, and scalable manufacturing solutions.

Market Challenges

Despite the optimistic trajectory, the bispecific antibodies market faces notable challenges:
- Complex Manufacturing: Producing bispecific antibodies involves intricate processes, such as protein folding and stability optimization, which increase production time and cost.
- High Development Costs: The R&D cycle for bispecific therapies is long and resource-intensive, often requiring large-scale trials and advanced biotechnological platforms.
- Immunogenicity Risks: Some bispecific formats can trigger unwanted immune responses, complicating their clinical profiles.
Nonetheless, advances in antibody engineering, such as the development of Fc-engineered antibodies and T-cell engaging bispecifics (BiTEs), are helping overcome these limitations.

Regional Insights

North America is poised to maintain a dominant position in the global bispecific antibodies market. Its leadership is driven by:
- A well-established biotech and pharma industry.
- Substantial government and private R&D investments.
- Early and streamlined regulatory approvals.
In 2023 alone, the U.S. government dedicated nearly USD 7.9 billion toward cancer research, a portion of which supports novel antibody-based treatments. Moreover, the presence of major biopharmaceutical companies and academic research centers ensures rapid clinical development.

Asia-Pacific, on the other hand, is anticipated to experience the fastest growth rate. Countries such as China, India, and South Korea are:
- Increasing healthcare expenditures.
- Encouraging local biotech innovation.
- Expanding access to clinical trials and biologic therapies.
China, for example, is investing heavily in biologics manufacturing capabilities and has introduced supportive regulations for fast-track drug approval, which will likely make the region a future hub for bispecific antibody development.

TABLE OF CONTENT

1. Bispecific Antibodies Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Bispecific Antibodies Market Snippet by Drug Type
2.1.2. Bispecific Antibodies Market Snippet by Indication
2.1.3. Bispecific Antibodies Market Snippet by Distribution Channel
2.1.4. Bispecific Antibodies Market Snippet by Country
2.1.5. Bispecific Antibodies Market Snippet by Region
2.2. Competitive Insights
3. Bispecific Antibodies Key Market Trends
3.1. Bispecific Antibodies Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Bispecific Antibodies Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Bispecific Antibodies Market Opportunities
3.4. Bispecific Antibodies Market Future Trends……

Get a detailed analysis on regions, market segments, customer landscape, and companies@ https://www.analystviewmarketinsights.com/reports/report-highlight-bispecific-antibodies-market

Market Segmentation by Indication

The bispecific antibodies market is segmented by application into:
- Cancer
- Autoimmune and Inflammatory Disorders
- Others
Among these, the oncology segment is forecasted to command the largest share throughout the forecast period. As of March 2025, over 650 bispecific antibodies are in clinical development globally—nearly all focused on oncology applications, and nine of the 11 bispecifics approved since 2021 target cancer, representing over 80% of recent regulatory approvals.

Competitive Landscape & Innovation Strategies

The bispecific antibody space is rapidly evolving with heightened competition among biotech giants and emerging players. Leading companies are prioritizing:
- Next-generation platforms for greater safety, flexibility, and efficacy.
- Strategic collaborations and licensing deals to expand pipeline access.
- Geographic expansion into emerging economies with rising healthcare demands.
Biotech firms are utilizing AI-driven drug discovery, cell-line optimization, and novel bispecific formats (like dual-variable domain antibodies and knob-into-hole technologies) to advance their products. Some players are also entering into co-development agreements to reduce costs and accelerate regulatory milestones.

Future Outlook

The bispecific antibodies market is positioned at the forefront of immunotherapeutic innovation. With strong clinical potential, increasing funding, and a favorable regulatory climate, the sector is expected to witness substantial growth through 2032. As manufacturing bottlenecks are resolved and newer formats with improved safety emerge, bispecific antibodies will likely become standard components of combination therapies in oncology and immune-related disorders.

In conclusion, the bispecific antibodies market offers immense opportunities for stakeholders across biotechnology, healthcare, and investment sectors. Its rapid evolution signals a paradigm shift in how complex diseases are treated, ushering in a new era of precision medicine.

Browse more Reports from AnalystView Market Insights:

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The MIL Network –
July 22, 2025
How did a Bangladesh air force fighter jet crash into a school campus?

Source: Government of India

Source: Government of India (4)

At least 25 children were among the 27 people killed when a Bangladesh Air Force plane crashed into a college and school campus in the capital city of Dhaka on Monday.

Here is a look at what happened.

HOW DID THE CRASH OCCUR?

The fighter aircraft took off at 1:06 p.m. (0706 GMT) from the air force base in Dhaka’s Kurmitola for a routine training mission, but experienced a mechanical failure soon after.

The pilot attempted to divert the aircraft away from densely populated areas to minimize civilian casualties and damage, but his efforts were unsuccessful and the jet crashed into a building.

WHERE DID THE PLANE GO DOWN?

The two-storey building that the plane rammed into belonged to the Milestone School and College in Dhaka’s Diabari area, located about 10 kilometres (six miles) from the air force base.

Visuals from the scene showed the mangled remains of the aircraft dented into the side of the building, dismantling its iron grills and creating a gaping hole in the structure.

HOW MANY PEOPLE WERE KILLED?

The bodies of at least 27 people, including 25 children, a teacher, and the jet’s pilot, were pulled out from the debris.

More than 100 children and 15 other people were also injured, of whom 78 are still admitted in hospitals with burn injuries.

WHICH AIRCRAFT WAS INVOLVED IN THE INCIDENT?

The jet was an F-7 fighter aircraft – the final and most advanced variant in China’s Chengdu J-7/F-7 aircraft family, according to Jane’s Information Group.

Bangladesh had signed a contract in 2011 for 16 such planes, and deliveries were completed by 2013.

HOW HAVE AUTHORITIES REACTED?

The Bangladesh Air Force has formed a high-level investigation committee to probe the cause of the accident.

Muhammad Yunus, the head of the country’s interim government, has also vowed to “take all necessary measures” to investigate its cause.

In the meantime, the government says it is providing “all kinds of assistance” to those affected.

(Reuters)

July 22, 2025
MIL-OSI Russia: Moscow colleges have increased the number of budget places for cooking specialties

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

An important disclaimer is at the bottom of this article.

This year, the capital’s colleges have expanded their enrollment in culinary specialties. More than 2,500 budget places are available for applicants – this is 20 percent more than in the previous academic year. This was reported by the press service of the capital’s Department of Education and Science.

“In Moscow colleges, future chefs and pastry chefs are immersed in the profession from the very first days: they undergo practical training on modern equipment, master current trends and hone their skills under the guidance of experienced mentors. Thanks to close cooperation with the city’s leading enterprises, two-thirds of students begin working while still studying. The guys cook for premium establishments and work in food industry companies,” the department’s press service said.

In Moscow, food industry professionals are trained in eight educational institutions: College of Services No. 10, College of Hospitality Industry and Management No. 23, food college no. 33, Polytechnic College No. 50 named after twice Hero of Socialist Labor N.A. Zlobin, Moscow educational complex “West”, First Moscow educational complex, Moscow educational complex named after Viktor Talalikhin AndMoscow College of Management, Hotel Business and Information Technology “Tsaritsyno”In total, more than seven thousand students are studying to become cooks and pastry chefs.

Success Stories

For example, Elizaveta Blokhina is a third-year student at College of the Service Sphere No. 10, majoring in pastry chef. In the fall of 2024 and spring of 2025, the student completed an internship at the White Rabbit restaurant. During her last internship, she realized that she wanted to become part of the team. Thanks to the close cooperation between the college and the restaurant, the girl met the chef, successfully passed the interview, and now works in the cold shop.

Ekaterina Khmelevskaya, a graduate of the Moscow educational complex “West” in the specialty “cooking and confectionery”, graduated from college this summer. Already in her third year, she completed an internship at the prestigious Moscow restaurant Selfie, awarded a Michelin star, and soon began working there. After that, the student tried her hand at an unusual project – an immersive gastrotheatre, where she created desserts, combining them with video projections and light effects. However, she soon realized that she liked classical cooking more, and took part in the All-Russian open culinary championship among chefs Chef a la Russe, where she took second place. After participating in the competition, the girl was invited to an internship at a Moscow restaurant named after the philanthropist Savva Mamontov, and a week later she was offered the position of pastry chef.

Capital colleges increase number of employer partners

Darya Stelmakhova graduated from Food College No. 33 as a pastry chef in 2023. In her second year, the student began working at the Aist restaurant under the guidance of Italian chef Mirko Zago. Later, she moved to the Savva restaurant, where she worked in the hot shop. Thanks to her talent and responsible approach to work, the girl quickly won the respect of her colleagues and became a sous-chef two years later.

Admissions campaign

This year, the number of budget places in Moscow colleges for ninth-graders in the capital has increased to a record 43 thousand. Applicants can choose from more than 150 professions and specialties in all sectors of the city’s economy.

Moscow ninth-graders who graduated from school this year will be able to submit applications until July 26. The application period for programs with entrance examinations ended on July 20. Moscow ninth-graders of previous years, Moscow eleventh-graders, as well as out-of-town applicants will be able to submit applications until August 15, and for programs with entrance examinations – until August 10.

Applicants are allowed to choose five specialties at one educational institution at the same time or distribute them among several. Applications can be submitted electronically viamos.ru portal.

Detailed information about in-demand professions and specialties taught in the capital’s colleges is available on the website “Colleges of Moscow”, in the same names telegram channel Andcommunity on the social network VKontakte.

Sharpening Your Skills. Teachers on How Internships Work in Moscow Colleges

Get the latest news quicklyofficial telegram channel the city of Moscow.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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MIL OSI Russia News –

July 22, 2025
MIL-OSI Russia: Over the course of six months, following the results of auctions, the city sold and leased more than 7.5 hectares of land for the construction of real estate

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

An important disclaimer is at the bottom of this article.

In the first half of 2025, investors leased and purchased land for the construction of various facilities in six administrative districts of the capital. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

“Over the first six months of 2025, based on the results of auctions, more than 40 plots with a total area of over 7.5 hectares were leased and purchased from the city. Almost 84.2 thousand square meters of real estate are planned to be built on these sites, including industrial, public and business facilities and private residential buildings. The land is located in six administrative districts, the majority of which is in TiNAO: there are 36 plots there. Two objects were purchased in the southwest and west, one in the east and southeast of the capital,” Vladimir Efimov noted.

For the construction of non-residential facilities, the city offers investors two formats: a land lease agreement for construction or an agreement on the implementation of a large-scale investment project (MaIP).

“Based on the results of the first half of the year, entrepreneurs signed three agreements with the city on the implementation of the MAIP. According to one of them, a modern retail and office building will appear on the territory of the administrative and business center “Kommunarka”, the second provides for the construction of two industrial facilities with an area of 12.5 thousand square meters in the Nekrasovka and Vnukovo districts. Another 36 plots, mainly in the Troitsky administrative district, were sold to individuals for individual housing construction. Commercial buildings will be erected under three land lease agreements in the southwest of the capital and in the Tatar Administrative District,” she noted.

Ekaterina Solovieva, Minister of the Moscow Government, Head of the Moscow Department of City Property.

You can find out information about land plots put up for auction, rules for holding auctions and study the documentation in the section “Moscow Trades” on the capital’s investment portal. All contracts are concluded electronically in the buyer’s personal account.

According to the head of the Moscow City Department for Competition Policy Kirill Purtov, the capital offers a convenient format for holding auctions and guarantees legal purity and transparency of the transaction, which contributes to the popularity of city auctions among entrepreneurs and city residents. In the first six months of this year, at auctions for the sale of land plots for the construction of both commercial and residential properties, an average of 11 participants bid for one lot.

The development of electronic services for entrepreneurs is being implemented within the framework of the national project “Data Economy”.

Get the latest news quickly official telegram channel the city of Moscow.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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MIL OSI Russia News –

July 22, 2025
MIL-OSI Russia: A production complex will appear in Zelenograd as part of a large-scale investment project

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

An important disclaimer is at the bottom of this article.

In the Zelenograd Administrative District (ZelAO), as part of a large-scale investment project (MaIP), a production complex is being built for the companies Pervy DSK and Life Engineering. This is the third of four facilities being built in the Savelki area. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

“In accordance with the instructions of Sergei Sobyanin, the capital continues to implement projects to develop industrial infrastructure. For example, a complex of four production facilities for various purposes is being built in Zelenograd, where it is planned to produce windows, aerated concrete blocks and ready-made modules. Its creation became possible thanks to two key measures to support the city at once. Due to the status of a large-scale investment project, the investor was able to lease a plot of land on preferential terms. And thanks to the program to stimulate the creation of employment opportunities, after the completion of the construction of all enterprises, the complex will provide more than 600 new jobs for residents of the capital. This will strengthen the production potential of the city and increase the level of employment of the population,” said Maxim Liksutov.

The complex will house two enterprises producing modern construction products.

The plant of the company “First DSK” will produce window and door systems, as well as facades using glass and aluminum. The enterprise will provide a full cycle of work – from standard elements to individual solutions. The annual output will be up to 279 thousand square meters of PVC structures, 82 thousand square meters of products with warm glazing and 184 thousand square meters – with cold glazing.

The Life Engineering company’s enterprise will produce 40 thousand square meters of ready-made modules per year using prefab technology. It involves the preliminary assembly of standard-sized modular structures with full or partial glazing.

“The construction of an industrial facility, which will become part of the city’s modern infrastructure, is underway in Zelenograd Administrative Okrug. The project’s implementation will create over 100 jobs for residents of the district and open up additional employment opportunities near home. The new facility, with a total area of over 17 thousand square meters, will be located in the Savelki district,” said the Minister of the Moscow Government, head of the Moscow Department of Investment and Industrial Policy

Anatoly Garbuzov.

The city provides land plots for the construction of production facilities within the framework of the implementation of the MAIP at a preferential rate of one ruble per year. This contributes to the development of Moscow’s infrastructure and the reduction of pendulum migration of the population of different districts.

“The provision of land plots at a preferential rate for the creation and expansion of production is a support measure that has been in effect in the capital since March 2022. The FSK Group of Companies was one of the first to take advantage of this opportunity. A plot of about 3.5 hectares was allocated for the construction of the complex. In total, more than 17 hectares of land in the Savelki area have been transferred to the company for the construction of four industrial facilities,” she noted.

Ekaterina Solovieva, Minister of the Moscow Government, Head of the Moscow Department of City Property.

The construction of the complex is under control Committee for State Construction Supervision of the City of Moscow (Moscow State Construction Supervision Authority).

As the head of the department said Anton Slobodchikov, permitting documentation, which allows the developer to begin work on the territory of the complex, was issued at the end of December 2023. The facility will have workshops, warehouses, administrative blocks and checkpoints, offices, a medical center, a canteen, sanitary and household premises and dressing rooms. More than two thousand square meters are allocated for landscaping. Mosgosstroynadzor inspectors monitor each stage of construction – from site preparation to the delivery of the facility. The implementation is carried out in strict accordance with the design documentation and compliance with all technical requirements.

Work is currently underway to install a reinforced concrete base and roof, as well as to install metal structures and sandwich panels.

FSK Group Project Director Maxim Rybakov noted that the new industrial facility in Zelenograd will unite two high-tech production facilities at one site. This will increase the efficiency of using the provided land plot and provide residents of the district with a large selection of vacancies for employment at future enterprises. The partnership of the city and business in projects of this scale allows for a comprehensive approach to the development of territories and human resources. Maxim Rybakov also noted that construction is planned to be completed this year.

The program to stimulate the creation of employment opportunities has covered almost all districts of the city since 2020. Investors will build over 230 facilities with a total area of over six million square meters. Among them are new industrial enterprises, office and shopping centers, as well as educational, cultural and sports institutions. The implementation of the projects will create more than 310 thousand new jobs in almost all sectors of the city’s economy.

Get the latest news quickly official telegram channel the city of Moscow.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

.

MIL OSI Russia News –

July 22, 2025
MIL-Evening Report: Gaza: Empty rhetoric from New Zealand and other Western countries

In a joint statement, more than two dozen Western countries, including New Zealand, have called for an immediate end to the war on Gaza. But the statement is merely empty rhetoric that declines to take any concrete action against Israel, and which Israel will duly ignore.

AGAINST THE CURRENT: By Steven Cowan

The New Zealand government has joined 27 other countries calling for an “immediate end” to the war in Gaza. The joint statement says “the suffering of civilians in Gaza has reached new depths”.

It goes on to say that the drip feeding of aid and the inhumane killing of civilians, including children, seeking to meet their most basic needs of water and food.

But many of the countries that have signed this statement stand condemned for actively enabling Israel to pursue its genocidal assault on Gaza. Countries like Britain, Canada and Australia, continue to supply Israel with arms, have continued to trade with Israel, and have turned a blind eye to the atrocities and war crimes Israel continues to commit in Gaza.

It’s more than ironic that while Western countries like Britain and New Zealand are calling for an end to the war in Gaza, they continue to be hostile toward the anti-war protest movements in their own countries.

The British government recently classified the protest group Palestine Action as a “terrorist” group.

In New Zealand, the Minister of Foreign Affairs, Winston Peters, has denounced pro-Palestine protesters as “left wing fascists” and “communist, fascist and anti-democratic losers”. He has pushed back against the growing demands that the New Zealand government take direct action against Israel, including the cutting of all diplomatic ties.

The New Zealand government, which contains a number of Zionists within its cabinet, including Act leader David Seymour and co-leader Brooke van Velden, will be more than comfortable with a statement that proposes to do nothing.

‘Statement lacks leadership’
Its call for an end to the war is empty rhetoric, and which Israel will duly ignore — as it has ignored other calls for its genocidal war to end. As Amnesty International has said, ‘the statement lacks any resolve, leadership, or action to help end the genocide in Gaza.’

“This is cruelty – this is not a war,” says this young girl’s placard quoting the late Pope Francis in an Auckland march last Saturday . . . this featured in an earlier report. Image: Asia Pacific Report

New Zealand has declined to join The Hague Group alliance of countries that recently met in Colombia.

It announced six immediate steps it would be taking against Israel. But since The Hague Group has already been attacked by the United States, it’s never been likely that New Zealand would join it.

The National-led coalition government has surrendered New Zealand’s independent foreign policy in favour of supporting the interests of a declining American Empire.

Republished from Steven Cowan’s blog Against The Current with permission.

MIL OSI Analysis – EveningReport.nz –

July 22, 2025
MIL-OSI China: New AI robot training ground launched in China

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

A new training ground dedicated to advancing embodied artificial intelligence (AI) robots has been launched in southwest China’s Sichuan Province, marking a step forward in the development of the country’s high-end robotics industry.

Based in the city of Mianyang, the embodied AI robot training ground will operate as a comprehensive platform integrating research and development, validation testing, standard-setting and commercialization.

The project, officially launched on July 18, is a cornerstone of Sichuan’s strategy to build a globally competitive embodied AI robotics cluster in west China, an official from the Sichuan provincial science and technology department told Xinhua on Tuesday.

Thanks to rapid advancements in technologies such as AI and large language models, China’s robotics industry is undergoing a rapid transformation from laboratory research to mass production and applications.

The industry is expected to see a market boom in the coming years. According to the Chinese Institute of Electronics, China’s humanoid robot market is projected to reach 870 billion yuan (about 121.74 billion U.S. dollars) by 2030.

The training ground is expected to address critical bottlenecks facing embodied AI development globally, including scarce real-world training scenarios, insufficient high-quality data, and inadequate extreme-environment testing capabilities.

“This facility functions essentially as a ‘school’ for robots,” said the official.

It aims to overcome these challenges by creating simulated environments for deep interaction and vast data acquisition, thereby accelerating robotic learning, algorithmic improvements and capability upgrades, crucial for applications spanning manufacturing, healthcare, urban management and emergency response.

The training ground will follow an operational model featuring one innovation center focusing on core technologies like system integration, research and development of key components and algorithms, and pilot manufacturing.

It will be supported by two dedicated scenario training bases to gather operational data across diverse settings and enable deployment across diverse application scenarios, particularly targeting advanced manufacturing, emergency response, social services, tourism and urban governance.

The provincial government will allocate a special fund to develop the training ground, which, according to its plan, will help complete the infrastructure and operational framework while attracting over seven robotics enterprises by the end of 2025.

By 2027, the target is to bring together over 30 enterprises, facilitate the application of more than 30 new technologies, and launch over 10 new robot products, establishing the training ground as a nationally leading platform.

MIL OSI China News –

July 22, 2025
MIL-OSI Africa: Lordina Foundation Boosts Healthcare in Techiman North; Donates Medical Equipment to Member of Parliament (MP)

Source: APO

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The First Lady’s humanitarian organisation, the Lordina Foundation, has donated a quantity of essential medical supplies and equipment to the Techiman North constituency to enhance healthcare delivery.

The items were officially handed over to the Member of Parliament for Techiman North and Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Agyare, by Mrs Lordina Dramani Mahama, First Lady and President of the Foundation.

Mrs Mahama reiterated the Foundation’s enduring commitment to improving the quality of life for vulnerable populations in the country.

“We are dedicated to contributing to the development of deprived children and women in both rural and urban areas, focusing on quality healthcare promotion, education, and overall well-being,” Mrs. Mahama stated during the presentation ceremony.

“This donation highlights our belief in collaborative efforts to foster sustainable development within Ghana’s health sector.”

Mrs Ofosu-Agyare (MP) expressed her gratitude and that of the people of Techiman North for the gesture, noting that the equipment and supplies will have a positive impact on the health delivery service.

“This contribution from the Lordina Foundation will play a pivotal role in bridging gaps in our healthcare system. It reflects our shared commitment to improving the well-being of our people,” she said.

This initiative is part of the Lordina Foundation’s broader mission to modernise and strengthen under-resourced health facilities across communities, and to ensure medical professionals are equipped with the necessary tools to provide high-quality, life-saving care to patients.

The items presented include Hospital and Theatre Beds, Delivery Beds, Incubators, Theatre Lights, Phototherapy Machines, Baby Scales, Syringes and Gloves and Trolleys. The remaining items include Wheelchairs, Commodes, Baby Cots, Baby Carts, Medical Screens, Baby Baths, Bedside Cabinets, and Overhead Tables.

Distributed by APO Group on behalf of The Presidency, Republic of Ghana.

MIL OSI Africa –

July 22, 2025

MIL-OSI: ICG Enterprise Trust announces realisation of Datasite

Source: GlobeNewswire (MIL-OSI)

22 July 2025

ICG Enterprise Trust announces realisation of Datasite, its fourth largest portfolio company

ICG Enterprise Trust plc (“ICGT”) is pleased to announce that it has fully realised its co-investment¹ in Datasite, a provider of software focused on virtual data rooms. At 31 January 2025, Datasite was ICGT’s fourth largest company exposure, accounting for 1.9% of the Portfolio value. The co-investment portion accounted for 1.6% of the Portfolio value.

As a result of the sale ICGT has received cash proceeds of $30 million (£22 million), representing a 3% premium to the valuation at Q1 FY26.

ICGT made an $18 million co-investment (£14 million) in Datasite alongside ICG Strategic Equity V and CapVest in 2024. The transaction has generated an attractive return, particularly given the short hold period².

¹Following this transaction, ICGT will retain a small stake in Datasite through its commitment to ICG Strategic Equity V. At 31 January 2025 this indirect exposure represented 0.3% of the Portfolio value.

²Does not necessarily reflect the expected future performance and should not be used to compare returns among multiple private equity funds.

Enquiries

Analyst / Investor enquiries:
Martin Li, Shareholder Relations, ICG	+44 (0) 20 3545 1816
Nathan Brown, Deutsche Numis	+44 (0) 20 7260 1426
David Harris, Cadarn Capital	+44 (0) 20 7019 9042

Media:
Clare Glynn, Corporate Communications, ICG	+44 (0) 20 3545 1395

Website:
www.icg-enterprise.co.uk

About ICG Enterprise Trust

ICG Enterprise Trust is a leading listed private equity investor focused on creating long-term compounding growth by delivering consistently strong returns through selectively investing in profitable, cash-generative private companies, primarily in Europe and the US.

We invest in companies directly as well as through funds managed by ICG and other leading managers who focus on creating long-term value and building sustainable growth through active management and strategic change.

We have a long track record of delivering strong returns through a flexible mandate and highly selective approach that strikes the right balance between concentration and diversification, risk and reward.

Disclaimer

This report may contain forward looking statements. These written materials are not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption therefrom. The issuer has not and does not intend to register any securities under the US Securities Act of 1933, as amended, and does not intend to offer any securities to the public in the United States. No money, securities or other consideration from any person inside the United States is being solicited and, if sent in response to the information contained in these written materials, will not be accepted.

The MIL Network –

July 22, 2025

MIL-OSI: ICG Enterprise Trust announces realisation of Datasite

Source: GlobeNewswire (MIL-OSI)

22 July 2025

ICG Enterprise Trust announces realisation of Datasite, its fourth largest portfolio company

As a result of the sale ICGT has received cash proceeds of $30 million (£22 million), representing a 3% premium to the valuation at Q1 FY26.

²Does not necessarily reflect the expected future performance and should not be used to compare returns among multiple private equity funds.

Enquiries

Analyst / Investor enquiries:
Martin Li, Shareholder Relations, ICG	+44 (0) 20 3545 1816
Nathan Brown, Deutsche Numis	+44 (0) 20 7260 1426
David Harris, Cadarn Capital	+44 (0) 20 7019 9042

Media:
Clare Glynn, Corporate Communications, ICG	+44 (0) 20 3545 1395

Website:
www.icg-enterprise.co.uk

About ICG Enterprise Trust

Disclaimer

The MIL Network –

July 22, 2025

MIL-OSI: NBPE – Net Asset Value(s)

Source: GlobeNewswire (MIL-OSI)

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

NBPE Announces June Monthly NAV Estimate

St, Peter Port, Guernsey, 22 July 2025

NB Private Equity Partners (NBPE), the $1.2bn¹, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 June 2025 monthly NAV estimate.

NAV Highlights (30 June 2025)

NAV per share was $27.42 (£20.01), a total return of 0.5% in the month
Total realisations of $68 million and $8 million of follow-on investments in the first half of 2025
$284 million of available liquidity at 30 June 2025
~51k shares repurchased (~$1 million) during June 2025 at a weighted average discount of 30% which was accretive to NAV by ~$0.01 per share. Year-to-date, NBPE has repurchased ~759k shares (~$15 million) at a weighted average discount of 29% which was accretive to NAV by ~$0.11 per share

As of 30 June 2025	Year to Date	One Year	3 years	5 years	10 years
NAV TR (USD)* Annualised	1.3%	3.6%	5.8% 1.9%	76.1% 12.0%	158.3% 10.0%
MSCI World TR (USD)* Annualised	9.3%	16.8%	68.0% 18.9%	101.9% 15.1%	189.9% 11.2%

Share price TR (GBP)* Annualised	(7.6%)	(6.9%)	10.4% 3.3%	91.6% 13.9%	185.1% 11.0%
FTSE All-Share TR (GBP)* Annualised	9.1%	11.2%	35.5% 10.7%	67.3% 10.8%	92.7% 6.8%

* All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

Portfolio Update to 30 June 2025

NAV performance during the month driven by:

0.7% NAV increase ($9 million) from changes in FX rates
0.1% NAV increase ($1 million) attributable to changes in prices of quoted holdings (which now constitute 6% of portfolio fair value)
Immaterial impact on NAV from additional private valuation information received during the month
0.2% NAV decrease ($3 million) attributable to expense accruals

$68 million of realisations in the first half of 2025

Of the $68 million received during the first half, over three-quarters of the proceeds are from full and partial sales / exits of private holdings; remaining realisations consisted of proceeds from the sales of quoted holdings and other partial realisations

$284 million of total liquidity at 30 June 2025

$74 million of cash and liquid investments with $210 million of undrawn credit line available

2025 Share Buybacks

~51k shares repurchased in June 2025 at a weighted average discount of 30%; buybacks were accretive to NAV by ~$0.01 per share
Year-to-date, NBPE has repurchased ~759k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.11 per share

Portfolio Valuation

The fair value of NBPE’s portfolio as of 30 June 2025 was based on the following information:

6% of the portfolio was valued as of 30 June 2025
- 6% in public securities
94% of the portfolio was valued as of 31 March 2025
- 94% in private direct investments

For further information, please contact:

NBPE Investor Relations +44 (0) 20 3214 9002
Luke Mason NBPrivateMarketsIR@nb.com

Kaso Legg Communications +44 (0)20 3882 6644

Charles Gorman nbpe@kl-communications.com
Luke Dampier
Charlotte Francis

Supplementary Information (as at 30 June 2025)

Company Name	Vintage	Lead Sponsor	Sector	Fair Value ($m)	% of FV
Action	2020	3i	Consumer	86.6	6.9%
Osaic	2019	Reverence Capital	Financial Services	63.4	5.0%
Solenis	2021	Platinum Equity	Industrials	59.8	4.7%
BeyondTrust	2018	Francisco Partners	Technology / IT	47.7	3.8%
Monroe Engineering	2021	AEA Investors	Industrials	44.7	3.5%
Business Services Company*	2017	Not Disclosed	Business Services	40.2	3.2%
Branded Cities Network	2017	Shamrock Capital	Communications / Media	37.3	3.0%
True Potential	2022	Cinven	Financial Services	35.6	2.8%
Mariner	2024	Leonard Green & Partners	Financial Services	33.7	2.7%
FDH Aero	2024	Audax Group	Industrials	32.9	2.6%
Marquee Brands	2014	Neuberger Berman	Consumer	31.6	2.5%
GFL (NYSE: GFL)	2018	BC Partners	Business Services	30.5	2.4%
Auctane	2021	Thoma Bravo	Technology / IT	29.1	2.3%
Fortna	2017	THL	Industrials	28.7	2.3%
Staples	2017	Sycamore Partners	Business Services	27.7	2.2%
Viant	2018	JLL Partners	Healthcare	27.3	2.2%
Engineering	2020	NB Renaissance / Bain Capital	Technology / IT	27.2	2.2%
Stubhub	2020	Neuberger Berman	Consumer	26.4	2.1%
Agiliti	2019	THL	Healthcare	25.3	2.0%
Kroll	2020	Further Global / Stone Point	Financial Services	25.0	2.0%
Benecon	2024	TA Associates	Healthcare	24.7	2.0%
Solace Systems	2016	Bridge Growth Partners	Technology / IT	24.6	1.9%
Excelitas	2022	AEA Investors	Industrials	24.1	1.9%
Exact	2019	KKR	Technology / IT	24.0	1.9%
Constellation Automotive	2019	TDR Capital	Business Services	21.4	1.7%
CH Guenther	2021	Pritzker Private Capital	Consumer	21.2	1.7%
Tendam	2017	PAI	Consumer	20.0	1.6%
Addison Group	2021	Trilantic Capital Partners	Business Services	19.9	1.6%
Bylight	2017	Sagewind Partners	Technology / IT	19.9	1.6%
Real Page	2021	Thoma Bravo	Technology / IT	18.8	1.5%
Total Top 30 Investments				$979.2	77.5%

*Undisclosed company due to confidentiality provisions.

Geography	% of Portfolio
North America	76%
Europe	23%
Asia / Rest of World	1%
Total Portfolio	100%

Industry	% of Portfolio
Tech, Media & Telecom	23%
Consumer / E-commerce	22%
Industrials / Industrial Technology	17%
Financial Services	14%
Business Services	11%
Healthcare	8%
Other	3%
Energy	1%
Total Portfolio	100%

Vintage Year	% of Portfolio
2016 & Earlier	10%
2017	16%
2018	13%
2019	13%
2020	14%
2021	18%
2022	6%
2023	2%
2024	8%
Total Portfolio	100%

About NB Private Equity Partners Limited
NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

LEI number: 213800UJH93NH8IOFQ77

About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $538 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of June 30, 2025, unless stated otherwise.

This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

¹Based on net asset value.

Attachment

June 2025 NBPE Factsheet vF

The MIL Network –

July 22, 2025

Google clinches milestone gold at global math competition, while OpenAI also claims win

Source: Government of India

Source: Government of India (4)

Alphabet’s Google and OpenAI said their artificial-intelligence models won gold medals at a global mathematics competition, signaling a breakthrough in math capabilities in the race to build systems that can rival human intelligence.

The results marked the first time that AI systems crossed the gold-medal scoring threshold at the International Mathematical Olympiad (IMO) for high-school students.

Both companies’ models solved five out of six problems, achieving the result using general-purpose “reasoning” models that processed mathematical concepts using natural language, in contrast to the previous approaches used by AI firms.

While Google DeepMind worked with the IMO to have their models graded and certified by the committee, OpenAI did not officially enter the competition. The startup revealed their models have achieved a gold medal-worthy score on this year’s questions on Saturday, citing grades by three external IMO medalists.

The achievement suggests AI is less than a year away from being used by mathematicians to crack unsolved research problems at the frontier of the field, according to Junehyuk Jung, a math professor at Brown University and visiting researcher in Google’s DeepMind AI unit.

“I think the moment we can solve hard reasoning problems in natural language will enable the potential for collaboration between AI and mathematicians,” Jung told Reuters.

OpenAI’s breakthrough was achieved with a new experimental model centered on massively scaling up “test-time compute.” This was done by both allowing the model to “think” for longer periods and deploying parallel computing power to run numerous lines of reasoning simultaneously, according to Noam Brown, researcher at OpenAI. Brown declined to say how much in computing power it cost OpenAI, but called it “very expensive.”

To OpenAI researchers, it is another clear sign that AI models can command extensive reasoning capabilities that could expand into other areas beyond math.

The optimism is shared by Google researchers, who believe AI models’ capabilities can apply to research quandaries in other fields such as physics, said Jung, who won an IMO gold medal as a student in 2003.

Of the 630 students participating in the 66th IMO on the Sunshine Coast in Queensland, Australia, 67 contestants, or about 11%, achieved gold-medal scores.

Google’s DeepMind AI unit last year achieved a silver medal score using AI systems specialized for math. This year, Google used a general-purpose model called Gemini Deep Think, a version of which was previously unveiled at its annual developer conference in May.

Unlike previous AI attempts that relied on formal languages and lengthy computation, Google’s approach this year operated entirely in natural language and solved the problems within the official 4.5-hour time limit, the company said in a blog post.

OpenAI, which has its own set of reasoning models, similarly built an experimental version for the competition, according to a post by researcher Alexander Wei on social media platform X. He noted that the company does not plan to release anything with this level of math capability for several months.

This year marked the first time the competition coordinated officially with some AI developers, who have for years used prominent math competitions like IMO to test model capabilities. IMO judges certified the results of those companies, including Google, and asked them to publish results on July 28.

“We respected the IMO Board’s original request that all AI labs share their results only after the official results had been verified by independent experts and the students had rightly received the acclamation they deserved,” Google DeepMind CEO Demis Hassabis said on X on Monday.

OpenAI, which published its results on Saturday and first claimed gold-medal status, said in an interview that it had permission from an IMO board member to do so after the closing ceremony on Saturday.

(Reuters)

July 22, 2025
Google clinches milestone gold at global math competition, while OpenAI also claims win

Source: Government of India

Source: Government of India (4)

Alphabet’s Google and OpenAI said their artificial-intelligence models won gold medals at a global mathematics competition, signaling a breakthrough in math capabilities in the race to build systems that can rival human intelligence.

The results marked the first time that AI systems crossed the gold-medal scoring threshold at the International Mathematical Olympiad (IMO) for high-school students.

Both companies’ models solved five out of six problems, achieving the result using general-purpose “reasoning” models that processed mathematical concepts using natural language, in contrast to the previous approaches used by AI firms.

While Google DeepMind worked with the IMO to have their models graded and certified by the committee, OpenAI did not officially enter the competition. The startup revealed their models have achieved a gold medal-worthy score on this year’s questions on Saturday, citing grades by three external IMO medalists.

The achievement suggests AI is less than a year away from being used by mathematicians to crack unsolved research problems at the frontier of the field, according to Junehyuk Jung, a math professor at Brown University and visiting researcher in Google’s DeepMind AI unit.

“I think the moment we can solve hard reasoning problems in natural language will enable the potential for collaboration between AI and mathematicians,” Jung told Reuters.

OpenAI’s breakthrough was achieved with a new experimental model centered on massively scaling up “test-time compute.” This was done by both allowing the model to “think” for longer periods and deploying parallel computing power to run numerous lines of reasoning simultaneously, according to Noam Brown, researcher at OpenAI. Brown declined to say how much in computing power it cost OpenAI, but called it “very expensive.”

To OpenAI researchers, it is another clear sign that AI models can command extensive reasoning capabilities that could expand into other areas beyond math.

The optimism is shared by Google researchers, who believe AI models’ capabilities can apply to research quandaries in other fields such as physics, said Jung, who won an IMO gold medal as a student in 2003.

Of the 630 students participating in the 66th IMO on the Sunshine Coast in Queensland, Australia, 67 contestants, or about 11%, achieved gold-medal scores.

Google’s DeepMind AI unit last year achieved a silver medal score using AI systems specialized for math. This year, Google used a general-purpose model called Gemini Deep Think, a version of which was previously unveiled at its annual developer conference in May.

Unlike previous AI attempts that relied on formal languages and lengthy computation, Google’s approach this year operated entirely in natural language and solved the problems within the official 4.5-hour time limit, the company said in a blog post.

OpenAI, which has its own set of reasoning models, similarly built an experimental version for the competition, according to a post by researcher Alexander Wei on social media platform X. He noted that the company does not plan to release anything with this level of math capability for several months.

This year marked the first time the competition coordinated officially with some AI developers, who have for years used prominent math competitions like IMO to test model capabilities. IMO judges certified the results of those companies, including Google, and asked them to publish results on July 28.

“We respected the IMO Board’s original request that all AI labs share their results only after the official results had been verified by independent experts and the students had rightly received the acclamation they deserved,” Google DeepMind CEO Demis Hassabis said on X on Monday.

OpenAI, which published its results on Saturday and first claimed gold-medal status, said in an interview that it had permission from an IMO board member to do so after the closing ceremony on Saturday.

(Reuters)

July 22, 2025
MIL-OSI Russia: China, Egypt Seek to Strengthen Global South Cooperation within SCO

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

CAIRO, July 22 (Xinhua) — The Chinese Embassy in Egypt and the Egyptian Foreign Affairs Council jointly held a seminar here on Sunday, pointing to the steady development of China-Egypt relations under the framework of the Shanghai Cooperation Organization (SCO).

The event was attended by senior diplomats, foreign affairs experts and media representatives from both countries.

In his keynote speech, Chinese Ambassador to Egypt Liao Liqiang noted that Egypt is a dialogue partner of the SCO and welcomed Egypt’s active participation in various events of the organization.

He expressed the hope that China and Egypt will establish close coordination and cooperation within the SCO framework and advance bilateral relations so as to build a China-Egypt community with a shared future in the new era and contribute to world peace and development.

The guests attending the meeting praised the booming Egyptian-Chinese relations and the role of the SCO. They expressed hope that Egypt and China can take advantage of the development opportunities provided by the SCO to work together to improve global governance and promote the revival of the Global South.

Chairing the seminar, Director of the Egyptian Council for Foreign Affairs Ezzat Saad told Xinhua that Egypt remains committed to strengthening cooperation with China both bilaterally and within the SCO framework.

“We believe that the SCO is an important platform for promoting the development of Egyptian-Chinese relations. Egypt looks forward to further deepening political and economic cooperation between the countries of the Global South based on the initiatives put forward by China,” he said. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

.

MIL OSI Russia News –

July 22, 2025

MIL-OSI: LHV Group unaudited financial results for Q2 and 6 months of 2025

Source: GlobeNewswire (MIL-OSI)

In Q2 of 2025, LHV Group was able to earn higher net profit and increase business volumes against the background of lower interest rates. The loan portfolio of LHV Group reached 5 billion euros.

In Q2 2025, LHV Group earned a net profit of 30.8 million euros, which was 1.6 million euros more than in the previous quarter (+6% increase). The return on equity attributable to the shareholders of the Group was 17.4% in Q2.

All subsidiaries of the Group were profitable in the quarter. LHV Pank earned a net profit of 29.7 million euros, LHV Bank Ltd 0.1 million euros, LHV Varahaldus 0.5 million euros and LHV Kindlustus 1.1 million euros.

On a consolidated basis, LHV Group earned 73.9 million euros in revenue in Q1 2025, i.e. 7% less than in the previous quarter and 14% less than a year ago. Of the revenue of Q2 of this year, net interest income accounted for 57.6 million euros, and net fee and commission income for 15.6 million euros of total net income. Expenditure totalled 40.5 million euros, being 8% more than in the previous quarter and 11% more than a year ago. Due to the improvement of the macroeconomic situation, the previous provisions were undervalued in the amount of 4.2 million euros in the second quarter, which finally had a positive effect at the level of net profit.

As at the end of June, LHV Group consolidated assets amounted to 9.38 billion euros, which was 10% more than in the previous quarter and 28% more than in the same period last year. The consolidated loan portfolio increased by 269 million euros or 6% to 5.0 billion euros over the quarter (the loan portfolio increased by 1.1 billion euros or 28% year-on-year). Consolidated deposits of LHV Group increased by 760 million euros, i.e. by 12%, to 7.36 billion euros. The volume of funds managed by LHV increased by 3.7 million euros, to 1.56 billion euros. The number of payments made by clients who are financial intermediaries was 19.9 million in the second quarter, which was slightly less than in the previous quarter.

LHV Group’s consolidated net revenue for the 6 months of 2025 amounted to 153.3 million euros, which is 16.5 million euros or 10% less compared to the same period last year. Expenditure totalled 78.1 million euros, which was 7.8 million euros or 11% more. The Group’s 6-month consolidated net profit was 59.9 million euros, being a decrease of 19.4 million euros, or 24%, compared to the previous year. In six months, LHV Pank earned a net profit of 54.9 million euros, LHV Bank Ltd 2.3 million euros, LHV Varahaldus 0.6 million euros and LHV Kindlustus 1.7 million euros. LHV Group’s ROE for the first half of the year was 17.0%.

Based on the first half of the year, LHV Group outperforms the financial forecast at the level of net income by 2.0 million euros and at the level of net profit by 2.3 million euros.

Income statement, EUR Th	Q2 2025	Q1 2025	Q2 2024 adjusted
Net interest income	57,643	62,010	70,424
Net fee and commission income	15,579	14,071	14,352
Net financial income	-380	2,747	-37
Net insurance income	1,065	597	421
Other operating income and expense	0	-4	638
Total net income	73,907	79,421	85,798
Staff costs	-22,901	-22,655	-20,420
Office expenses	-679	-659	-874
IT costs	-4,017	-3,576	-3,267
Marketing expenses	-1,526	-1,258	-796
Other operating expenses	-11,387	-9,394	-10,741
Total expenses	-40,510	–37,542	–36,098
Operating profit	33,397	41,879	49,700
Profit before allowances	33,397	41,879	49,700
Allowances	4,152	-5,667	-5,043
Income tax expenses	-6,784	-7,052	-6,071
Net profit	30,765	29,160	38,586
Minority holding	716	592	300
Shareholders’ share of profit of parent company	30,049	28,568	38,286

Net earnings per share, EUR	0.09	0.09	0.12
Diluted earnings per share, EUR	0.09	0.09	0.12



Balance sheet, EUR Th	June 2025	March 2025	June 2024
Cash and due from banks	3,867,487	3,279,271	3,217,448
Financial assets	454,979	442,463	157,131
Loans to clients	5,038,379	4,774,970	3,925,877
Loan impairment reserve	-39,734	-45,629	-35,333
Receivables from clients	16,626	9,439	15,380
Other assets	46,058	47,771	49,220
Total assets	9,383,795	8,508,285	7,329,723
Demand deposits	4,669,435	4,189,062	3,659,675
Term deposits	2,694,906	2,415,430	2,124,254
Loans received	1,037,347	936,215	735,281
Due to clients and loans received	8,401,688	7,540,707	6,519,211
Accruals and other liabilities	105,692	163,690	100,709
Subordinated loans	161,155	126,247	107,521
Total liabilities	8,668,535	7,830,644	6,727,441
Owners’ equity	715,260	677,641	602,282
incl. minority holding	7,850	7,134	7,694
Total liabilities and owner’s equity	9,383,795	8,508,285	7,329,723

LHV Group’s net income in the second quarter was affected by the continuing decline in interest rates. The higher profitability compared to the previous quarter resulted in a write-down effect of the previous provisions, which resulted in an increase of the Group’s net profit by 1.6 million euros in the second quarter. The second quarter was also marked by strong growth in loan volumes and deposits, which were 269 and 760 million euros, respectively, compared to the previous quarter.

The number of LHV Pank clients increased by 8,300 over the quarter. During the same period, the bank’s deposits increased by 576 million euros, of which 113 million euros were deposits from financial intermediaries and 113 million euros were platform deposits. In the second quarter, an innovative banking service LHV Premium was also launched, combining everyday banking, insurance and travel services offering investment comfort. In addition, a new price list for the securities trading and investment account for pension entered into force in the second quarter, which reduced several investment-related fees by almost half.

LHV Pank’s loan portfolio increased by 190 million euros and the quality of the portfolio remained strong. Due to the resolution of one of the major problems with creditworthiness and the improved economic situation, the provisions made earlier were reduced by 4.1 million euros.

In the second quarter, LHV Pank issued covered bonds with a maturity of four years in the amount of 300 million euros, which were listed on the Dublin Stock Exchange for the purpose of diversifying financing sources. Covered bonds secured by Estonian home loans were sold to European institutional investors. 44 institutional investors participated in the offer and the offer was 2.5 times oversubscribed.

The volume of deposits and loans of LHV Bank operating in the United Kingdom continued to grow in the second quarter – the loan portfolio increased by 79 million euros to 569 million euros. At the same time, loans worth 204 million euros have been approved by the Credit Committee but not yet issued.

The deposits taken by LHV Bank increased by 202 million quarter-on-quarter and reached a record 1.02 billion euros. In the second quarter, the mobile bank of retail banking was launched, where the first 1,000 clients have opened an account and 17 million euros of new deposits have been received. LHV Bank earned a net profit of 0.1 million euros in quarter-on-quarter terms – lower profitability was due to higher marketing costs, conference participation fees, allocated costs and changes in the value of interest rate risk hedging contracts. In order to support the rapid growth of the loan portfolio, the share capital was increased by 12 million euros and subordinated bonds were issued in the amount of 12 million euros. As of the first half of the year, LHV Bank’s net income and net profit exceed strongly the financial plan.

LHV Kindlustus showed strong growth in the second quarter, when the insurance revenue increased by 78% and net profit by 62% compared to the previous quarter, but the result of the second quarter was slightly below the financial plan. The volume of insurance premiums across the market decreased significantly compared to the same quarter of the previous year. The results for the first half of the year are well above the financial forecast. As of the end of June, LHV Kindlustus had 176,000 clients and 278,000 valid insurance contracts.

The good rate of return shown by global financial markets in the second quarter was also reflected in LHV’s pension funds, which all offered a positive rate of return. The rates of return of LHV pension funds M, L and XL were 1.2%, 1.0% and 2.8%, respectively, in the quarter. The rate of return of the more conservative funds XS and S was 0.7% and 0.8%, respectively. Pensionifond Indeks increased by 3.0% and Pensionifond Roheline lost 4.4% in value. Net income of LHV Varahaldus remained largely the same as in the previous quarter and net profit increased. The number of second pillar clients making active monthly contributions was 110,000 by the end of the quarter.

As important information, it was disclosed that as of September 2, the green pension funds of LHV II and III pillar will cease operations, merge with other LHV funds and will be consolidated into LHV pension funds S and M, and the names of the II pension pillar funds will change. As a result of the changes, LHV clients will have the option to choose from four actively managed pension funds to grow their savings. Starting in September, LHV’s actively managed pension funds will be named Julge, Ettevõtlik, Tasakaalukas, and Rahulik.

As of the end of the half-year, LHV Group is well capitalised. AT1 bonds worth 50 million euros and unsecured bonds worth 60 million euros were issued in the second quarter. Moody’s Ratings raised the ratings for LHV Pank’s covered bond programme and covered bonds to the highest level, Aaa. The Moody’s Investors Service ratings agency left AS LHV Pank’s long-term deposits rating at A3 (with a positive outlook) and LHV Group’s long-term issuer rating at Baa3 (positive outlook).The ratings confirm LHV’s strong financial position and capitalisation and express the expectation of a strengthening of creditworthiness.

Comment by Madis Toomsalu, the Chairman of the Management Board at LHV Group:

“We are pleased that LHV has continued on a strong growth trajectory. Over the past year, our loan portfolio has grown by 1 billion euros, reaching 5 billion euros by the end of the half-year. This reflects increased investment confidence among Estonian companies, as well as the expansion of our UK loan book, which has now surpassed the 500 million euros mark. We’ve also seen a rise in demand for home loans and an overall increase in client activity. Several initiatives are underway to support continued growth going forward.”

To access the reports of AS LHV Group, please visit the website at https://investor.lhv.ee/aruanded.

In order to present the results of the quarter, LHV Group will organise an investor meeting via the Zoom webinar platform. The virtual investor meeting will take place before the market opens on 22 July at 9.00. The presentation will be in Estonian. We kindly ask you to register at the following address: https://lhvbank.zoom.us/webinar/register/WN_6RKaesfVT1qxJZ5BWiT4TA

LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,100 people. As at the end of June, LHV Pank services are being used by 474,000 clients, the pension funds managed by LHV have 110,000 active clients, and LHV Kindlustus protects a total of 176,000 clients. LHV Bank Limited, a subsidiary of the Group, holds a banking licence in the United Kingdom and provides banking services to international financial technology companies, as well as loans to small and medium-sized enterprises.

Investor Relations

Sten Hans Jakobsoo
Head of Investor Relations and Corporate Development
Email: stenhans.jakobsoo@lhv.ee

Communications

Paul Pihlak
Head of Investment Communications
Email: paul.pihlak@lhv.ee

Attachments

The MIL Network –

July 22, 2025

MIL-OSI Economics: Group CTO Tatsuo Ogawa: Beyond Reform—Technology Future Vision’s Progress and Direction for the Next Generation

Source: Panasonic

Headline: Group CTO Tatsuo Ogawa: Beyond Reform—Technology Future Vision’s Progress and Direction for the Next Generation

The Panasonic Group is implementing extensive management reform, but which direction is technology pointing us in? What sort of future is taking shape before our eyes in this era of transformation? To explore the heart of the matter, we spoke with Tatsuo Ogawa, Executive Officer of Panasonic Holdings Corporation and Group CTO overseeing technology strategy.

One year later: Three concepts and an unshakable commitment

We unveiled our Technology Future Vision in July 2024. Since then we’ve received a remarkable amount of internal and external feedback. The support we’ve received, and the specific discussions relating to possible collaboration, have been very encouraging. We see many exciting challenges ahead as we work to realize the vision. The future it embodies remains the same, and we continue to create new technology and businesses as we map out our unique path and push forward.
In particular, the three core concepts of energy and resources, nurturing a sense of fulfillment, and co-caring are vital guiding principles, as we integrate Panasonic technologies to achieve our overall goal of enhancing quality of life for everyone. We are pressing forward with research and development, so I would like to take this opportunity to update you on the progress we are making in multiple directions.

1. Toward a society where energy and resources flow: Tackling the hard challenges of the global environment

We are boldly tackling global environmental challenges through a wide range of R&D initiatives centered on the Green Transformation and Manufacturing Innovation Divisions.

Perovskite solar cells

These glass panels can generate energy where conventional solar panels cannot, for example as windows in dense urban areas. We already have a pilot manufacturing line producing near-commercial-size construction elements (1.0 m × 1.8 m). Our industrial inkjet printing system used to produce these panels is so advanced that it received the prestigious Okochi Memorial Technology Prize. Our goal is to integrate renewable energy generation into everyday urban infrastructure for better energy self-sufficiency and greater resilience in case of disasters.

A Perovskite panel on display at Osaka’s Expo 2025 demonstrates the design potential this technology offers.

Novitek Bio-CO₂ Transformation technology

This biostimulant technology promotes plant growth by harnessing the power of photosynthesis, and represents an important step toward turning CO2 into a valuable resource. Field trials are underway in collaboration with Sumitomo Chemical Company, Limited, and Novitek is showing promise as a driver of sustainable agriculture with higher productivity and lower environmental impact.

kinari (plant-derived cellulose fiber resin composite)

Panasonic has developed moldable materials that are fully biodegradable in marine environments. It achieved this by taking its proprietary technology for blending high concentrations of plant-based cellulose fibers into resins and applying it to marine-biodegradable, plant-derived resins. In April 2025, Panasonic received the Ichimura Prize in Industry against Global Warming for this and related technologies.

Tracephere traceability technology

This technology uses the blockchain to make resource recycling and reuse transparent and trustworthy. It can bring us closer to realizing the circular economy by encouraging the use of recycled materials and preventing illegal dumping.

Design for Circular Economy (DfCE)

This initiative aims to drive the transition to a circular economy by designing products with ease of disassembly and recycling in mind. The effort is based on the MI Division’s perspective of maintaining and regenerating value in manufacturing, and will extend product lifespans and reduce waste.

We also want to expand the positive impacts our activities are having on the environment in FY2025. Efforts in this direction are critically important, not only to halt but reverse biodiversity loss. To this end, we are investing resources in activities that directly support natural capital restoration. An example is our promotion of Nature Symbiosis Site research in areas where biodiversity is already being actively protected by companies, local government, NGOs, and others. These sites are part of Japan’s strategy to meet the global “30 by 30” goal of conserving at least 30% of land and sea by 2030. Another example would be conserving and regenerating blue carbon ecosystems by applying robotics and IoT technologies in collaboration with seaweed aquaculture startups. To ensure transparency and demonstrate our commitment to the environment, we are TCFD* disclosure-compliant and are working to meet TNFD** standards.
* TCFD: Task Force on Climate-related Financial Disclosures. This organization promotes disclosure by enterprises and other entities of information relating to their climate change-related activities and policies, and how these relate to their financial posture.
** TNFD: Taskforce on Nature-related Financial Disclosures. An international organization founded to structure frameworks for corporate risk management relating to natural capital, and for related disclosure.

2. Toward a society of fulfillment: Creating meaningful time

We want our technology to help every member of society find fulfillment in their work and daily activities, and be able to have more meaningful, quality time. At the heart of this concept are initiatives from the Digital Transformation & Cyber-Physical Systems Division.

With digital collection and analysis of data from frontline environments like manufacturing sites, and by providing optimized feedback, we are working to boost operational efficiency and quality and create safer, more secure working environments. We plan to evolve beyond straightforward Kaizen toward Gemba CPS 2.0, a next-generation approach where we reimagine business processes ourselves from the design stage.
We are also developing systems that provide direct support to keep workers safe and enhance their productivity. One of these is Reliable/Safe Operation Support, which helps users prevent work-related accidents.

3. Toward a society of co-caring: Caring for self and others

The third concept is a society where a harmonious state of mind and body encourages co-caring relationships with the people around us. The key to realizing this society is technology that deepens Human Insight.

Verification test environment for time value enhancement of travel experience

Human Insight technology

This uses advanced sensing to collect a wide range, not only of biometric data like heart rate, respiration, and physical movements, but also of behavioral data. It then applies AI to model the individual’s physical and mental condition and characteristics, and even aspects of interactions with others. Then, by stimulating the five senses through environmental parameters including light, sound, scent, and temperature sensations, it aims to guide the individual toward an enhanced state of well-being.

We are developing technologies that use heart rate to identify different types of stress, score a subject’s degree of meditative depth and provide constructive feedback, apply measured levels of concentration to the improvement of work environments, and other applications. We are also exploring unique research topics. Biophilic Hi-Res Sound enhances relaxation through wide-band audio and can strengthen brainwaves associated with relaxation. Therapeutic Sound promotes mental and physical well-being using sound with inaudible components, and can reduce stress levels during cognitive tasks.
These technologies are undergoing development and field testing in a range of settings and realistic use cases. The success of this work will enhance physical and mental well-being and help people realize more creative, fulfilling lives.

Cell therapy solutions

Regenerative medicine is a key area of focus. Treatments that utilize the patient’s own cells and iPS cells offer great promise. Nevertheless, cell manufacturing remains inefficient, labor-intensive, and costly. We are currently collaborating with partners including the Center for iPS Cell Research and Application (CiRA) at Kyoto University to develop an automated system that reliably produces high-quality therapeutic cells in a cost-effective way by combining Panasonic expertise in biotechnology, precision manufacturing equipment, data analysis, and simulation. We are confident we can help make individually-tailored treatments accessible to more people, and contribute materially to extending healthy life span and improving quality of life.

Synergy between structural reform and technology development: Focusing on what truly matters

Panasonic is implementing group-wide management reform, and the impact of these efforts naturally extends to our technology divisions. Budget cuts are part of our efforts to optimize our operations, but I don’t view this as a negative. Instead, I see it as a great opportunity to focus our resources on the initiatives that truly matter as we extend our technological development.
Most important is to select the themes that are likely to have the greatest impact toward realizing our Future Technology Vision, and apply our limited resources to investments that will generate the greatest return.
As we do so, open innovation-style collaboration with universities and enterprises will only become more important. To enhance the speed and quality of our development, we will actively incorporate external knowledge and technologies rather than attempt to go it alone.
What matters most is that we foster a culture of embracing challenges. As our founder Konosuke Matsushita once said, “Don’t fear mistakes. Fear a lack of resolve.” The process of creating new value inevitably includes setbacks. What can we learn from them? How can we apply those lessons? I’m convinced that such experiences strengthen our entire technology organization.

How will AI illuminate the future?

AI is a critical enabling technology for current and future innovation. To reinforce our group commitment to AI, we have launched a new initiative called Panasonic Go. Its goal is to expand the share of AI-related businesses to 30% of group sales by FY2035. In my view, this transformation will mark our evolution into a new breed of enterprise, with seamless vertical and horizontal connections across multiple layers of the organization.

While we are still defining specific business targets for FY2035, our goal is to leverage AI and data to connect value that is now provided through individual products and services. We will not simply embed AI in products, but apply it across R&D workflows to boost efficiency and boldly tackle the challenge of creating new value.
As AI extends into every corner of society, security technology becomes more and more important. From individual product security to security for whole factories and complete IT systems, we are reinforcing our efforts to deliver safety and peace of mind to customers by combining cutting-edge AI with expertise accumulated over many years. We are already contributing to society in tangible ways, such as shielding manufacturing lines from malware, or structuring security systems for entire office buildings.

Panasonic means hope to everyone invested in the future

From my perspective as CTO, I’m continually giving thought to how Panasonic technologies can contribute to future society. I think the answer begins in our founding DNA, which embodies a deep-rooted desire to improve people’s lives through manufacturing.
To those who will lead tomorrow’s society, especially young people shaping the future, and to our engineers at Panasonic, I would say this: Don’t do only what you can do, but keep asking yourself what you should do. No matter how challenging the circumstances, I hope you’ll never lose your optimism. My own motto is, “Good fortune comes to those who smile.” If you’re always optimistic and willing to tackle challenges, I’m confident that a path forward is certain to open up.
For more than a century, Panasonic has been a part of people’s lives through technology. The trust and technological achievement we have accumulated throughout our history are precious assets. Nevertheless, we must keep our eyes on the future and continue to challenge ourselves to create new value.
With the Future Technology Vision to guide us, we will achieve transformation as a united Panasonic Group, and do our utmost to deliver futures filled with promise.

Related Articles

MIL OSI Economics –

July 22, 2025
MIL-OSI Economics: Group CTO Tatsuo Ogawa: Beyond Reform—Technology Future Vision’s Progress and Direction for the Next Generation

Source: Panasonic

Headline: Group CTO Tatsuo Ogawa: Beyond Reform—Technology Future Vision’s Progress and Direction for the Next Generation

The Panasonic Group is implementing extensive management reform, but which direction is technology pointing us in? What sort of future is taking shape before our eyes in this era of transformation? To explore the heart of the matter, we spoke with Tatsuo Ogawa, Executive Officer of Panasonic Holdings Corporation and Group CTO overseeing technology strategy.

One year later: Three concepts and an unshakable commitment

We unveiled our Technology Future Vision in July 2024. Since then we’ve received a remarkable amount of internal and external feedback. The support we’ve received, and the specific discussions relating to possible collaboration, have been very encouraging. We see many exciting challenges ahead as we work to realize the vision. The future it embodies remains the same, and we continue to create new technology and businesses as we map out our unique path and push forward.
In particular, the three core concepts of energy and resources, nurturing a sense of fulfillment, and co-caring are vital guiding principles, as we integrate Panasonic technologies to achieve our overall goal of enhancing quality of life for everyone. We are pressing forward with research and development, so I would like to take this opportunity to update you on the progress we are making in multiple directions.

1. Toward a society where energy and resources flow: Tackling the hard challenges of the global environment

We are boldly tackling global environmental challenges through a wide range of R&D initiatives centered on the Green Transformation and Manufacturing Innovation Divisions.

Perovskite solar cells

These glass panels can generate energy where conventional solar panels cannot, for example as windows in dense urban areas. We already have a pilot manufacturing line producing near-commercial-size construction elements (1.0 m × 1.8 m). Our industrial inkjet printing system used to produce these panels is so advanced that it received the prestigious Okochi Memorial Technology Prize. Our goal is to integrate renewable energy generation into everyday urban infrastructure for better energy self-sufficiency and greater resilience in case of disasters.

A Perovskite panel on display at Osaka’s Expo 2025 demonstrates the design potential this technology offers.

Novitek Bio-CO₂ Transformation technology

This biostimulant technology promotes plant growth by harnessing the power of photosynthesis, and represents an important step toward turning CO2 into a valuable resource. Field trials are underway in collaboration with Sumitomo Chemical Company, Limited, and Novitek is showing promise as a driver of sustainable agriculture with higher productivity and lower environmental impact.

kinari (plant-derived cellulose fiber resin composite)

Panasonic has developed moldable materials that are fully biodegradable in marine environments. It achieved this by taking its proprietary technology for blending high concentrations of plant-based cellulose fibers into resins and applying it to marine-biodegradable, plant-derived resins. In April 2025, Panasonic received the Ichimura Prize in Industry against Global Warming for this and related technologies.

Tracephere traceability technology

This technology uses the blockchain to make resource recycling and reuse transparent and trustworthy. It can bring us closer to realizing the circular economy by encouraging the use of recycled materials and preventing illegal dumping.

Design for Circular Economy (DfCE)

This initiative aims to drive the transition to a circular economy by designing products with ease of disassembly and recycling in mind. The effort is based on the MI Division’s perspective of maintaining and regenerating value in manufacturing, and will extend product lifespans and reduce waste.

We also want to expand the positive impacts our activities are having on the environment in FY2025. Efforts in this direction are critically important, not only to halt but reverse biodiversity loss. To this end, we are investing resources in activities that directly support natural capital restoration. An example is our promotion of Nature Symbiosis Site research in areas where biodiversity is already being actively protected by companies, local government, NGOs, and others. These sites are part of Japan’s strategy to meet the global “30 by 30” goal of conserving at least 30% of land and sea by 2030. Another example would be conserving and regenerating blue carbon ecosystems by applying robotics and IoT technologies in collaboration with seaweed aquaculture startups. To ensure transparency and demonstrate our commitment to the environment, we are TCFD* disclosure-compliant and are working to meet TNFD** standards.
* TCFD: Task Force on Climate-related Financial Disclosures. This organization promotes disclosure by enterprises and other entities of information relating to their climate change-related activities and policies, and how these relate to their financial posture.
** TNFD: Taskforce on Nature-related Financial Disclosures. An international organization founded to structure frameworks for corporate risk management relating to natural capital, and for related disclosure.

2. Toward a society of fulfillment: Creating meaningful time

We want our technology to help every member of society find fulfillment in their work and daily activities, and be able to have more meaningful, quality time. At the heart of this concept are initiatives from the Digital Transformation & Cyber-Physical Systems Division.

With digital collection and analysis of data from frontline environments like manufacturing sites, and by providing optimized feedback, we are working to boost operational efficiency and quality and create safer, more secure working environments. We plan to evolve beyond straightforward Kaizen toward Gemba CPS 2.0, a next-generation approach where we reimagine business processes ourselves from the design stage.
We are also developing systems that provide direct support to keep workers safe and enhance their productivity. One of these is Reliable/Safe Operation Support, which helps users prevent work-related accidents.

3. Toward a society of co-caring: Caring for self and others

The third concept is a society where a harmonious state of mind and body encourages co-caring relationships with the people around us. The key to realizing this society is technology that deepens Human Insight.

Verification test environment for time value enhancement of travel experience

Human Insight technology

This uses advanced sensing to collect a wide range, not only of biometric data like heart rate, respiration, and physical movements, but also of behavioral data. It then applies AI to model the individual’s physical and mental condition and characteristics, and even aspects of interactions with others. Then, by stimulating the five senses through environmental parameters including light, sound, scent, and temperature sensations, it aims to guide the individual toward an enhanced state of well-being.

We are developing technologies that use heart rate to identify different types of stress, score a subject’s degree of meditative depth and provide constructive feedback, apply measured levels of concentration to the improvement of work environments, and other applications. We are also exploring unique research topics. Biophilic Hi-Res Sound enhances relaxation through wide-band audio and can strengthen brainwaves associated with relaxation. Therapeutic Sound promotes mental and physical well-being using sound with inaudible components, and can reduce stress levels during cognitive tasks.
These technologies are undergoing development and field testing in a range of settings and realistic use cases. The success of this work will enhance physical and mental well-being and help people realize more creative, fulfilling lives.

Cell therapy solutions

Regenerative medicine is a key area of focus. Treatments that utilize the patient’s own cells and iPS cells offer great promise. Nevertheless, cell manufacturing remains inefficient, labor-intensive, and costly. We are currently collaborating with partners including the Center for iPS Cell Research and Application (CiRA) at Kyoto University to develop an automated system that reliably produces high-quality therapeutic cells in a cost-effective way by combining Panasonic expertise in biotechnology, precision manufacturing equipment, data analysis, and simulation. We are confident we can help make individually-tailored treatments accessible to more people, and contribute materially to extending healthy life span and improving quality of life.

Synergy between structural reform and technology development: Focusing on what truly matters

Panasonic is implementing group-wide management reform, and the impact of these efforts naturally extends to our technology divisions. Budget cuts are part of our efforts to optimize our operations, but I don’t view this as a negative. Instead, I see it as a great opportunity to focus our resources on the initiatives that truly matter as we extend our technological development.
Most important is to select the themes that are likely to have the greatest impact toward realizing our Future Technology Vision, and apply our limited resources to investments that will generate the greatest return.
As we do so, open innovation-style collaboration with universities and enterprises will only become more important. To enhance the speed and quality of our development, we will actively incorporate external knowledge and technologies rather than attempt to go it alone.
What matters most is that we foster a culture of embracing challenges. As our founder Konosuke Matsushita once said, “Don’t fear mistakes. Fear a lack of resolve.” The process of creating new value inevitably includes setbacks. What can we learn from them? How can we apply those lessons? I’m convinced that such experiences strengthen our entire technology organization.

How will AI illuminate the future?

AI is a critical enabling technology for current and future innovation. To reinforce our group commitment to AI, we have launched a new initiative called Panasonic Go. Its goal is to expand the share of AI-related businesses to 30% of group sales by FY2035. In my view, this transformation will mark our evolution into a new breed of enterprise, with seamless vertical and horizontal connections across multiple layers of the organization.

While we are still defining specific business targets for FY2035, our goal is to leverage AI and data to connect value that is now provided through individual products and services. We will not simply embed AI in products, but apply it across R&D workflows to boost efficiency and boldly tackle the challenge of creating new value.
As AI extends into every corner of society, security technology becomes more and more important. From individual product security to security for whole factories and complete IT systems, we are reinforcing our efforts to deliver safety and peace of mind to customers by combining cutting-edge AI with expertise accumulated over many years. We are already contributing to society in tangible ways, such as shielding manufacturing lines from malware, or structuring security systems for entire office buildings.

Panasonic means hope to everyone invested in the future

From my perspective as CTO, I’m continually giving thought to how Panasonic technologies can contribute to future society. I think the answer begins in our founding DNA, which embodies a deep-rooted desire to improve people’s lives through manufacturing.
To those who will lead tomorrow’s society, especially young people shaping the future, and to our engineers at Panasonic, I would say this: Don’t do only what you can do, but keep asking yourself what you should do. No matter how challenging the circumstances, I hope you’ll never lose your optimism. My own motto is, “Good fortune comes to those who smile.” If you’re always optimistic and willing to tackle challenges, I’m confident that a path forward is certain to open up.
For more than a century, Panasonic has been a part of people’s lives through technology. The trust and technological achievement we have accumulated throughout our history are precious assets. Nevertheless, we must keep our eyes on the future and continue to challenge ourselves to create new value.
With the Future Technology Vision to guide us, we will achieve transformation as a united Panasonic Group, and do our utmost to deliver futures filled with promise.

Related Articles

MIL OSI Economics –

July 22, 2025
Sensex, Nifty open higher as banking stocks continue to gain

Source: Government of India

Source: Government of India (4)

The Indian stock market opened in the green on Tuesday as heavyweight banking stocks continued to lead amid mixed global cues.

At 9.23 am, Sensex was up 152 points or 0.19 per cent at 82,359 and Nifty was up 38 points or 0.15 per cent at 25,129.

Banking stocks were leading the market. Nifty Bank was up 0.30 per cent, higher than the main indices.

Buying was also seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 45 points or 0.08 per cent at 59,514 and Nifty smallcap 100 index was up 80 points or 0.42 per cent at 19,038.

Among the sectoral indices, PSU bank, financial services, metal, media, energy and private bank were in the green. Pharma, IT, auto and FMCG were in the red.

In the Sensex pack, Eternal, Trent, Tata Steel, ICICI Bank, HDFC Bank, TCS, BEL, HCLTech, NTPC and SBI were top gainers. Tata Motors, Bajaj Finserv, Sun Pharma, M&M, Bharti Airtel, Maruti Suzuki, L&T, HUL and Asian Paints were top losers.

“The Nifty 50, after a strong rebound from its intraday low of 24,900, surged nearly 225 points to close above the 25,000 mark, forming a bullish candlestick pattern. The rebound from the 50-day EMA indicates a potential trend reversal, though confirmation through follow-up buying is awaited,” said Mandar Bhojane of Choice Equity Broking Private Limited.

On the upside, a sustained move above 25,150 could pave the way toward 25,250. Key support levels remain at 25,000 and 24,900, which may offer favourable risk-reward opportunities for long positions, he added.

Most Asian markets kept to a tight range. Tokyo and Seoul were in the red while Shanghai, Hong Kong and Jakarta were in the green. US markets closed in the mixed zone. Dow Jones was in the red and Nasdaq was in the green.

On July 21, foreign institutional investors (FIIs) were net sellers for the third consecutive session, offloading equities worth Rs 1,681 crore. In contrast, domestic institutional investors (DIIs) remained strong buyers for the 11th straight day, purchasing equities worth Rs 3,578 crore.

(IANS)

July 22, 2025
MIL-OSI Australia: Outage advice – Saturday July 26, 2025

Source: New South Wales Ministerial News

Please be aware that our Payment Portal, Online Customer Requests and Building Application lodgment portal will be unavailable between:

Starts: 7:00am on Saturday July 26, 2025

Ends: 12:00pm on Saturday July 26, 2025

For any payments please refer to your invoice or statement for other payment options during this period.

MIL OSI News –

July 22, 2025
MIL-OSI Economics: Business Leaders Urge Recommitment to Open, Rules-based and Predictable Trade, Call for Bold Action to Secure Future Growth Hai Phong, Viet Nam | 22 July 2025 APEC Business Advisory Council
Source: APEC – Asia Pacific Economic Cooperation
aRepresentatives of the APEC Business Advisory Council (ABAC) met in Hai Phong, Viet Nam to finalize their recommendations to APEC Leaders and seven Sectoral Ministerial Meetings to be held in Korea later this year. During the meeting, ABAC members reiterated an urgent call to APEC Leaders to reaffirm their commitment to open, rules-based, non-discriminatory, predictable and competitive markets in the face of mounting trade tensions, policy volatility and global uncertainty.

APEC’s prosperity has long rested on reducing distortions and opening markets, anchored by transparent, rules-based trade but today, that foundation is under threat.

Escalating trade frictions and uncertainty are disrupting supply chains, inflating costs, shaking business confidence and threatening jobs and living standards. This is throttling growth and distracting from the critical work of revitalizing businesses and our economies. In a ‘Statement on Open Markets’, ABAC underscored that the business community needs a return to the stable trade and economic environment that has underpinned decades of prosperity for every APEC economy.

As leaders of the Asia-Pacific business community, ABAC recognizes that artificial intelligence (AI) is reshaping our economies, societies and daily lives. Yet the full benefits of AI cannot be realized without robust, efficient and sustainable infrastructure to support its development and deployment. In its Declaration on Sustainable AI Infrastructure and Investment, ABAC reaffirmed its commitment to shaping an AI-powered future that is not only innovative and inclusive, but also environmentally responsible.

Priorities for Inclusive and Sustainable Growth

In the 2025 Report to APEC Leaders, ABAC finalized the recommendations it will present later this year to drive sustainable and inclusive growth in the region including the following:

Accelerating the realization of the Free Trade Area of the Asia-Pacific (FTAAP), with early deliverables like the APEC Centre of Excellence on Paperless Trade, a new equal pay framework and a Greener Trade Framework.

Reforming and modernizing the WTO including making permanent the E-Commerce Moratorium for digital products.

Mobilizing investment to fund energy transitions, digital infrastructure, and disaster response.

Leading in Digital Transformation by ensuring equitable access to secure, sustainable digital infrastructure, shaping responsible AI deployment and governance and developing interoperable digital trade rules.

Strengthening healthcare supply chains and market access for innovations like genomics and AI.

Tackling demographic shifts by promoting workforce participation, labor mobility, skills recognition, pensions reform and leveraging emerging technologies.

ABAC’s work and recommendations are guided by the theme this year—“Bridge. Business. Beyond.” This reflects what is needed to deliver ABAC’s vision: bridge divides, empower businesses to drive growth and look beyond short-term challenges to long-term prosperity.

ABAC stands ready to work with APEC Leaders to shape a future of inclusive, sustainable growth for all.

ABAC 2025 Chairman H.S. Cho thanked His Excellency Luong Cuong, President of Viet Nam, who opened the ABAC meeting.

ABAC expressed its appreciation to ABAC Viet Nam for the excellent arrangements and the leaders of Hai Phong City for supporting the meeting. Prior to the start of the ABAC meeting, members joined participants to the Hai Phong Investment Promotion Conference held prior to their Meeting where they engaged with H.E. President of Viet Nam, Hai Phong City Leaders and local business owners.

For further information, please contact:

Hyungkon Park (Mr), ABAC Executive Director 2025 at +82 2 6050 3686 and [email protected]
Antonio Basilio (Mr), Director of the ABAC Secretariat at +63 917 849 3351 and [email protected]
MIL OSI Economics –
July 22, 2025
MIL-OSI USA: Cornyn Throws Down the Gauntlet on Outbound Investment to Counter China

US Senate News:

Source: United States Senator for Texas John Cornyn

WASHINGTON – Today on the floor, U.S. Senator John Cornyn (R-TX) highlighted his priorities for the National Defense Authorization Act (NDAA), including his Foreign Investment Guardrails to Help Thwart (FIGHT) China Act, which would safeguard the United States against the growing threat posed by the People’s Republic of China (PRC) by prohibiting and requiring notification of U.S. investment in certain technologies in China. Excerpts of Sen. Cornyn’s remarks are below, and video can be found here.

“One of the things that I’m going to be focusing on as part of the defense authorization bill is to finally address outbound investment in China.”

“As we speak, U.S. companies are spending billions of dollars in China, investing in Chinese companies, particularly those involved in critical technologies like quantum computing and Artificial Intelligence.”

“I’ve been raising alarm bells for a number of years now and working toward a solution to this critical, strategic concern for a long time.”

“I have something to announce to my colleagues here: I’m not going to give up.”

“I’m not willing to take no for an answer on something that is so critical to our national security.”

“What good does it do to continue to increase our defense spending if American investors are simultaneously making investments in China in what amounts to the arsenal of our number-one strategic adversary?”

“Earlier this year, I introduced the Foreign Investment Guardrails to Help Thwart China Act, or the FIGHT China Act.”

“Secretary Bessent and his colleagues at the Treasury Department have been great allies and great partners in providing us with technical assistance on this legislation.”

“I would urge both our House and Senate colleagues to ensure that this year’s National Defense Authorization Bill addresses this critical issue.”

“It’s time for Americans to stop investing in China’s military.”

MIL OSI USA News –

July 22, 2025
MIL-OSI Russia: NSU students and staff presented their developments in the field of prosthetics at the national forum “Hope for Technology”

Translation. Region: Russian Federal

Source: Novosibirsk State University –

An important disclaimer is at the bottom of this article.

The 10th National Forum of the Rehabilitation Industry and Universal Design “Hope for Technology”, dedicated to demonstrating comprehensive solutions for creating an accessible environment, modern technologies for people with disabilities, was held in Moscow on July 10-11. The large-scale exhibition display of Russian manufacturers presented more than 450 domestic solutions in 9 areas: prostheses, orthoses and functional units, rehabilitation equipment and exercise machines. The biomechanics and medical engineering group of the Novosibirsk State University, which consists of students from several faculties, presented its developments to the professional community. This scientific group was created on the basis of Mathematical center in Akademgorodok

The exhibition of assistive technologies was attended by the head of the group, candidate of physical and mathematical sciences Vladimir Serdyukov, 4th year students Faculty of Mechanics and Mathematics of NSU Daria Korostovskaya and Alexander Niukkanen, 3rd year student Faculty of Mechanics and Mathematics of NSU Tatyana Shashkina, 5th year student Institute of Medicine and Medical Technologies NSU Sofia Eksharova, 2nd year master’s student Faculty of Mechanics and Mathematics of NSU Andrey Karavan, Master’s degree graduate Faculty of Geology and Geophysics of NSU Innokenty Serdyuk and postgraduate student of the Institute of Thermal Physics SB RAS Konstantin Lebeda. Young researchers got acquainted with developments in the field of assistive technologies, learned a lot of interesting things, showed the results of their projects, received feedback and acquired valuable contacts for further cooperation.

At their stand, the young researchers presented a motion capture system for studying the kinematics of patients’ walking, as well as an adaptive prosthetic socket for a hand prosthesis using 3D printing technology.

The group also presented its latest developments: a 3D-printed prosthetic foot for activity levels 1–2 and insoles for gait biomechanics diagnostics for amputees, which will complement and improve the motion capture system.

— The most feedback was received by one of our new developments, which was tested for the first time at the forum — a foot prosthesis printed on a 3D printer. Working on this project, we set ourselves the following goal: to make a foot prosthesis that would have a low cost, be easy to manufacture, have the ability to be personalized and manufactured in a short time using simple equipment, which would increase its availability, but at the same time maintain the general biomechanics of walking. An important point is that our prosthesis belongs to activity levels 1-2 and is intended only for walking, but is not suitable for running or sports. To develop the geometry, a digital stand was used that imitates human loads when walking. This way, we were able to create a prosthesis geometry that meets the goal, — said Andrey Karavan.

For the precise design of the prosthesis, 3D modeling and load analysis technologies in Ansys were used. Manufacturing using FDM printing technology took about 12 hours. The weight of the finished product was about 700 grams. This project received financial support from the Ministry of Science and Innovation Policy of the Novosibirsk Region.

The first time a patient tested a printed prosthesis was at the forum. The guys offered to test and evaluate it to the head of the prosthetic center “Instep” (St. Petersburg), who is an amputee himself.

— He liked that the sole is non-slip – even on wet floor tiles, which allows the user to take a shower without the risk of falling. However, he pointed out the shortcomings and shortcomings regarding the geometry of the product and made constructive suggestions for its improvement. His opinion is very important to us, and taking this feedback into account, we will adjust the prosthesis model and organize re-testing on other amputees. It will not be difficult to make adjustments due to the simplicity of the technology, — explained Daria Korostovskaya.

Another new development of the NSU biomechanics and medical engineering group attracted great interest from the forum participants — a pressure insole that will accurately determine the step phases and gait asymmetry. This “smart” insole was previously tested together with a motion capture system for analyzing gait kinematics. The invention will allow specialists in prosthetic centers to analyze the distribution of the load between healthy and amputated limbs, evaluate the distribution of pressure on the foot or prosthesis, and the dynamics of rehabilitation outside the clinic. This project received support from the FSI Foundation as part of the Student Startup competition.

— The video we recorded while testing this insole shows the distribution of the load on the foot when walking. It is important that it allows us to divide the gait cycles into support and transfer phases. We have the opportunity to analyze their ratio and draw conclusions about the gait asymmetry indicator of amputees, which is important for monitoring rehabilitation and correct placement of the prosthesis. When diagnosing the biomechanics of amputees’ gait, such insoles are placed in shoes under both the patient’s healthy foot and the prosthesis. To transmit and read data from the insole, we developed software for processing and visualizing the data, — said Tatyana Shashkina.

Young researchers plan to combine the motion capture system with a “smart” insole. During early research, the guys came to the conclusion that combining these technical solutions will allow for a more complete gait analysis. The motion capture system records the kinematics of the gait, and the insole records the pressure of the foot and prosthesis on the surface. By combining these data, it is possible to track the biomechanical indicators and symmetry of the patient’s gait, which is of great importance for assessing the progress of rehabilitation and adjusting the prosthesis settings.

This development has attracted great interest from representatives of prosthetic centers, some of whom have expressed interest in testing it in their institutions and working together. Among them are the Alorto prosthetic and orthopedic center (Barnaul) and the Ortho-Innovation prosthetic center (Moscow).

— We will be glad to cooperate with these and other prosthetic centers, including because during joint testing we will be able to replenish the database of gait kinematics of patients with lower limb amputations, which we are currently forming in the course of joint work with the Novosibirsk branch of the Moscow Prosthetic and Orthopedic Enterprise. In addition, at the forum we received a request to develop an adaptive prosthetic socket for a leg using 3D printing technology, similar to our existing development of a prosthetic socket for an arm. This is exactly what we intend to do in the near future, — Vladimir Serdyukov summed up.

Material prepared by: Elena Panfilo, NSU press service

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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MIL OSI Russia News –

July 22, 2025
MIL-OSI China: Most US teens have tried AI companions: study

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

A new study by U.S. nonprofit Common Sense Media has found that 72 percent of U.S. teens have tried an AI companion, according to a report by TechCrunch on Monday.

The study focused on AI chatbots that are designed for users to have more personal conversations with.

The study found that chatting with an AI is appealing to U.S. teens aged from 13 to 17, as 52 percent said they are regular users.

The findings are based on a study that ran during April and May 2025, used a representative sample of 1,060 teens and was conducted by researchers at the University of Chicago.

A total of 46 percent said they see AI companions as tools or programs, and 33 percent said they use them for social interaction and relationships, while half of teens said they do not trust the information provided by AI companions.

One-third of the teens said they found the conversations more satisfying than with real-life friends, though the rest felt the opposite. While 80 percent of teens said they spend more time with real friends than with their AI chatbots.

MIL OSI China News –

July 22, 2025
MIL-OSI China: Rational competition urged for platform economy

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

A food delivery man rides after snow in Xining, capital of northwest China’s Qinghai Province, Nov. 4, 2018. [Photo/Xinhua]

China’s latest efforts to regulate the promotional activities of major food delivery platforms and urge rational competition will help maintain market order and promote the healthy and orderly development of the platform economy, experts said.

These platforms should ramp up technological innovation, optimize delivery networks and adopt differentiated strategies to further improve user experience and prevent cutthroat competition, they added.

Their comments came after the State Administration for Market Regulation on Friday summoned three food delivery platforms — Ele.me, Meituan and JD — calling on them to strictly adhere to e-commerce, fair competition and food safety laws, and assume more professional responsibility.

The regulator urged the three platform companies to further regulate promotional activities, participate in competition rationally, and foster a healthy ecosystem that benefits consumers, merchants, delivery riders and platform operators so as to promote the regulated, healthy and sustainable development of the catering services sector.

The authority’s meeting with major food delivery platforms followed the recent fierce competition in the country’s instant retail sector — with players offering huge discounts and subsidies to grab a bigger slice of the pie — which triggered a relentless price war.

“The latest move has demonstrated the government’s firm determination to maintain fair market order, signaling its ‘zero-tolerance’ attitude toward disorderly subsidies and vicious competition,” said Jiang Han, a senior analyst at market consultancy Pangoal, adding that the regulated and healthy development of the food delivery sector is directly related to consumers’ rights and interests.

It is of great significance to safeguard a fair and orderly market environment and avoid the “involution-style” competition in the food delivery sector, which is experiencing a price war, as major platforms have continuously stepped up subsidies to compete for market share, leading to the compression of merchants’ profits and the decline in consumer experience, Jiang said.

He said platform enterprises should provide differentiated innovative services, such as optimizing delivery efficiency, enhancing food safety standards and improving after-sales services, thereby creating a healthy competition environment, and promoting the high-quality and sustained development of the food delivery sector.

In May, the SAMR and four other government departments summoned major food delivery platforms to address prominent issues related to competition in the food delivery sector and to rectify unfair market practices.

The regulator called on the platforms to comply with laws and regulations, fulfill social responsibilities, strengthen internal management, engage in fair and orderly competition, and better safeguard the rights and interests of consumers, merchants and delivery staff.

Cao Lei, director of the Internet Economy Institute, a domestic consultancy, said the continuous steep discounts will pose challenges to platform companies’ profitability, intensify competition and further squeeze the survival space of small and medium-sized merchants.

Cao said the platforms should increase investments in technologies such as artificial intelligence-powered algorithms and intelligent scheduling to enhance fulfillment efficiency, while optimizing supply chain management, safeguarding the legitimate rights and interests of consumers, and improving the welfare of delivery staff.

Zhu Keli, founding director of the China Institute of New Economy, said it is important that platform enterprises pool more resources into technologies and optimize cost structure through highly efficient inventory management and intelligent warehousing systems.

MIL OSI China News –

July 22, 2025
MIL-OSI China: Huawei beats rivals in Q2 shipments

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

People buy smartphones at a flagship store of Huawei in Shenzhen, south China’s Guangdong Province, Sept. 11, 2023. [Photo/Xinhua]

Huawei Technologies Co has staged a remarkable comeback, reclaiming its leading position in terms of shipments in China’s smartphone market in the second quarter, according to a latest report from market research company International Data Corp.

This achievement marks Huawei’s return to the summit after a challenging six-year period, with shipments reaching 12.5 million units, capturing an 18.1 percent market share in the country, from April to June this year, IDC said.

This resurgence not only disrupts the recent dominance of rival brands, but also signifies a pivotal turnaround for Huawei, demonstrating its ability to overcome significant technology restrictions and supply chain hurdles, experts said.

Will Wong, a senior research manager with IDC’s Asia/Pacific Client Devices Group, said Huawei’s recovery can be attributed to its strong brand appeal and efficient shipment management.

The company’s recovery is underpinned by explosive growth in specific segments. Foldable smartphone shipments surged by an impressive 240 percent year-on-year in the second quarter, while its flagship Mate series contributed over 45 percent of total shipments, highlighting a robust recovery in the premium handset market.

Furthermore, the strength of Huawei’s ecosystem is evident as more than 900 million devices in China, including its own-branded products as well as devices from third-party companies, now run on its self-developed operating system HarmonyOS.

The numbers validate the success of its integrated “hardware plus software plus services” strategy, said Xiang Ligang, director-general of the Zhongguancun Modern Information Consumer Application Industry Technology Alliance, a telecom industry association.

Huawei’s return is particularly notable given the broader market context. The overall Chinese smartphone market contracted by 4 percent year-on-year in the second quarter, with total shipments reaching about 69 million units, IDC said. This decline was driven primarily by weakening consumer demand and a slowdown in growth previously fueled by government subsidies.

However, Huawei managed to defy the downward trend despite the challenging environment, Xiang said, adding that the company’s return to the top represents a significant reversal.

Key factors driving Huawei’s resurgence include product innovation, exemplified by the successful launch of the Mate 70 series. Featuring advanced in-house chipsets, superior imaging capabilities and HarmonyOS, the Mate 70 series attracted strong consumer demand, including loyal Huawei users upgrading and even some former Apple customers, Xiang added.

The company once dominated the Chinese market with a share exceeding 40 percent, but faced severe setbacks following US sanctions, leading to significant market share losses, he said.

Huawei’s relentless innovation is underpinned by its extraordinary commitment to research and development. Over the past decade, the company has invested a staggering 1.24 trillion yuan ($172.8 billion) in R&D. In 2024 alone, its R&D expenditure reached 179.7 billion yuan, representing 20.8 percent of its annual revenue. Huawei boasts a global portfolio of over 150,000 valid authorized patents, the company said.

Looking ahead, despite this significant milestone, Huawei faces an intensely competitive landscape where rivals like Apple, Xiaomi, Vivo and Oppo continue to innovate aggressively. Maintaining its technological edge and product excellence will be critical for Huawei to retain its leadership, experts said.

MIL OSI China News –

July 22, 2025
MIL-OSI China: Unitree begins preparation for mainland float

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

Humanoid robots from Chinese company Unitree Robotics are seen at the backstage of China Central Television (CCTV) Spring Festival Gala in Beijing, capital of China, Jan. 28, 2025. [Photo/Xinhua]

Unitree Robotics, a Chinese manufacturer of humanoid robots, has begun preparations for an initial public offering, joining a wave of domestic embodied AI companies in tapping the capital market as they race to become globally leading robotics firms.

While Unitree has yet to disclose its intended market for a flotation, several sources told China Daily that China’s STAR Market on the Shanghai Stock Exchange is the likeliest destination.

According to a filing posted on the website of the China Securities Regulatory Commission, the company is under the listing guidance of CITIC Securities. The company could file its IPO as early as October.

Founded by Wang Xingxing, Unitree focuses on the high-performance humanoid and quadruped robots. Wang controls roughly 34.8 percent of the firm through direct and indirect holdings.

The Hangzhou, Zhejiang province-based startup’s G1 humanoid robot surprised viewers in January when 16 such robots performed a dance routine on China’s Spring Festival Gala, which was viewed 16.8 billion times.

Wang has said previously that the company’s annual revenue has surpassed 1 billion yuan ($137 million) and that it has been making a profit since 2020, which industry experts said is a rare feat in the capital-intensive robotics field.

Compared with counterparts in the United States, Chinese robotics makers are mass-producing humanoid robots for consumers at cheaper prices.

Unitree’s G1 is priced at 99,000 yuan ($13,600). After the company became widely known, the humanoid robot has been frequently spotted at meetings, in restaurants, and in various galas as well as activities.

In addition to the humanoid robots, Unitree also offers the Go2 robotic dog, starting at 9,997 yuan, along with various accessories. The Go2 series has been well-received for its versatility and affordability, making it a popular choice among tech enthusiasts.

Unitree’s IPO push comes amid a red-hot summer of fundraising across China’s embodied AI sector, a field combining robotics and artificial intelligence to enable machines with physical agency in the real world.

Earlier this month, humanoid robot startup AgiBot made headlines with a bold move to gain control of a material company via equity transfer and tender offer, which was seen by many industry insiders as a back-door listing play aimed at fast-tracking onto the STAR Market.

Meanwhile, early-stage fundraising has surged.

In July alone, several players in the embodied AI sector disclosed fresh financing rounds, drawing heavyweight backers including Tencent Holdings, Alibaba Group, and Geely.

According to data from tech-focused ITjuzi.com, China’s embodied AI industry saw 133 investment events totaling over 18 billion yuan as of last week, already surpassing the full-year 2023 figures by both volume as well as value.

Rick Xiong, general manager of the Beijing Embodied Artificial Intelligence Robotics Innovation Center, said: “These combined efforts will shape the future in our favor. Chinese robot companies have the right timing, the right place and the right people to accelerate the humanoid robot push.”

Xiong said that leading Western countries have witnessed deep-pocketed industry giants dominating the robot landscape, whereas China has been characterized by a proliferation of small to medium-sized enterprises striving to navigate the competitive terrain of humanoid robots.

He also said that the rise of artificial intelligence large language models, exemplified by technologies like ChatGPT, has been a game-changer in the robotics industry.

While investor enthusiasm remains high, industry insiders said the real challenge lies in large-scale commercialization. Analysts see a growing divide between players chasing hype and those delivering viable applications.

Wang from Unitree recently predicted that humanoid robots would be widely used in industries and services within three to five years, with early adoption in hazardous or repetitive environments.

Wang Feili, a machinery analyst at UBS Securities, echoed that view, saying humanoid robots will likely first land in factories and service settings before entering households. “Industrial scenarios are less complex and more tolerant of cost, whereas consumers expect versatile capabilities — the bar is much higher at home,” she said.

MIL OSI China News –

July 22, 2025
MIL-OSI Security: U.S. & Korean Forces strengthen mission-support readiness during joint training

Source: United States INDO PACIFIC COMMAND

OSAN AIR BASE, Republic of Korea — On July 17, 2025, the 51st Mission Support Group hosted a bilateral logistics and transportation training event with the Korean Service Corps Battalion at Osan Air Base, Republic of Korea. The training focused on establishing bed-down locations and executing cargo-handling operations to boost interoperability and contingency readiness.

MIL Security OSI –

July 22, 2025
MIL-OSI Security: U.S. & Korean Forces strengthen mission-support readiness during joint training

Source: United States INDO PACIFIC COMMAND

OSAN AIR BASE, Republic of Korea — On July 17, 2025, the 51st Mission Support Group hosted a bilateral logistics and transportation training event with the Korean Service Corps Battalion at Osan Air Base, Republic of Korea. The training focused on establishing bed-down locations and executing cargo-handling operations to boost interoperability and contingency readiness.

MIL Security OSI –

July 22, 2025
MIL-OSI: Bitget Expands Starlink-Powered PayFi Islands Initiative to Negros Oriental

Source: GlobeNewswire (MIL-OSI)

DUMAGUETE, Philippines, July 22, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is deepening its commitment to digital inclusion in the Philippines by expanding its PayFi Islands initiative to Negros Oriental. This next phase will bring Starlink-powered high-speed internet to Apo Elementary School and the Arts and Design Collective Dumaguete (ADCD), tackling long-standing connectivity challenges in education and the creative sector.

In many parts of Negros Oriental, including remote islands like Apo and urban centers such as Dumaguete, reliable internet access remains elusive. Outdated infrastructure, like microwave radio links, continues to limit bandwidth and reliability, cutting communities off from modern tools and opportunities. This digital divide has sent a ripple effect through key sectors, such as education and creative industries, hindering access to information, digital tools, and, in turn, economic opportunities.

Bitget Starlink being presented to Apo Elementary School

Bitget’s latest deployment brings high-speed Starlink internet to two key communities in Negros Oriental, each facing distinct yet equally urgent digital challenges. After years of limited resources and unreliable internet, Apo Elementary School, the only public school on Apo Island, will finally be connected through Starlink. This new access will unlock digital learning tools, teacher development programs, and broader educational networks, creating new opportunities for academic growth and long-term empowerment in a community that has long relied on fishing.

Bitget Starlink being presented to Arts and Design Collective Dumaguete (ADCD)

Meanwhile, in Dumaguete, Bitget partnered with the Arts and Design Collective Dumaguete (ADCD), a vibrant creative hub preparing to launch a maker’s space for local artists and entrepreneurs. Previously held back by poor internet access, this space will now offer digital tools, fabrication technologies, and pathways to global collaboration, enabling the city’s creative sector to thrive in the digital economy.

“Access to the internet is access to opportunities,” said Vugar Usi Zade, COO of Bitget. “With PayFi Islands, we’re connecting people to education, to the digital economy, to more opportunities. These communities deserve to be part of the future, and we’re here to help make that happen.”

Scheduled for full deployment in July 2025, the project includes hardware installation, subscription support, and community training. The expansion in Negros Oriental is part of Bitget’s second phase in bridging the digital divide in Philippine Island communities. In May 2025, Bitget’s Starlink Program first introduced reliable connectivity to Siargao’s Espoir School of Life and Barangay Pitogo. As Bitget continues its rollout, these initiatives lay the foundation for Bitget’s broader educational and empowerment programs, Blockchain4Youth and Blockchain4Her. These programs will introduce blockchain literacy, financial education, and decentralized technology training to students and women-led cooperatives in the region, ensuring that the new digital infrastructure becomes a platform for sustainable development.

The Blockchain4Youth initiative highlights a powerful message that true crypto adoption begins with access. From the classrooms of Apo Island to the creative studios of Dumaguete, this expansion reflects Bitget’s long-term commitment to inclusion, empowerment, and building a future where no one is left offline.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/59156b0d-6ba9-44e2-8a4f-a34c8ebe0ab7

https://www.globenewswire.com/NewsRoom/AttachmentNg/0c0f85a9-5867-43ca-a385-465bf8a1964d

https://www.globenewswire.com/NewsRoom/AttachmentNg/c48f6760-bbc1-4649-817e-4bb050335e08

The MIL Network –

July 22, 2025

Category: Technology

UKAEA develops 3D printing for fusion components

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