Category: United States of America

  • MIL-OSI USA: SPC May 21, 2025 0600 UTC Day 2 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

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    May 21, 2025 0600 UTC Day 2 Convective Outlook

    Updated: Wed May 21 06:05:58 UTC 2025 (Print Version |   |  )

    Probabilistic to Categorical Outlook Conversion Table

     Forecast Discussion

    SPC AC 210605

    Day 2 Convective Outlook CORR 1
    NWS Storm Prediction Center Norman OK
    0105 AM CDT Wed May 21 2025

    Valid 221200Z – 231200Z

    …THERE IS A MARGINAL RISK OF SEVERE THUNDERSTORMS FOR PORTIONS OF
    THE SOUTHERN PLAINS AND SOUTHEAST FLORIDA….

    CORRECTED FOR MISSING HEADLINE INFORMATION

    …SUMMARY…
    A few severe storms are possible across parts of the southern High
    Plains on Thursday.

    …Synopsis…
    A mid-level ridge will amplify somewhat as it shifts east across the
    Rockies. Northwest flow aloft will be present across the High Plains
    with weak southeasterly upslope flow at the surface. Lee troughing
    will begin during the period which will lead to some strengthening
    of the low-level flow.

    …Southern Plains Vicinity…
    Elevated thunderstorms may be ongoing at the beginning of the period
    across Oklahoma within a zone of isentropic ascent. Destabilization
    south of this cluster may support strengthening through the morning
    and into the afternoon with additional storms possible on the
    western flank. Isolated severe wind gusts and large hail will be
    possible from this activity.

    Farther west, isolated storms are expected to develop along the
    dryline in the southern High Plains from Southwest Oklahoma to West
    Texas. Storms will likely initiate within the hot, well-mixed
    airmass and eventually move into better instability with eastward
    extent. Shear is forecast to be somewhat marginal at this time which
    may limit storm organization and a greater severe weather threat.

    …Southeast Florida Peninsula…
    A mid-level shortwave trough will move across the Florida Peninsula
    on Thursday. 500mb temperatures will cool to around -10C.
    Strengthening flow aloft, with the associated mid-level shortwave
    trough, will provide effective shear around 35 to 40 knots. The cool
    mid-level temperatures will aid in development of moderate
    instability across the region by early afternoon. Thunderstorm
    development is expected along the east-coast sea breeze during the
    afternoon with some rotating updrafts possible. Isolated large hail
    and damaging wind gusts will be possible from this activity.

    ..Bentley.. 05/21/2025

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    MIL OSI USA News

  • MIL-OSI USA: SPC May 21, 2025 0600 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 210553

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    1253 AM CDT Wed May 21 2025

    Valid 211200Z – 221200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS IN THE OZARKS TO
    MID-SOUTH AND FAR EASTERN NC…

    …SUMMARY…
    The most likely corridors for severe storms are across parts of far
    eastern North Carolina this afternoon, and the Ozarks into the
    Mid-South this evening.

    …Eastern NC and southern VA…
    Ongoing convection over parts of western NC/VA into the Piedmont is
    largely expected to move offshore by 12Z this morning. The surface
    cold front that lags well behind this morning activity should
    progress towards the South Atlantic Coast into the afternoon.
    Secondary cyclogenesis is expected across central to eastern NC,
    downstream of a fast mid-level jetlet centered on KY to southern WV
    this afternoon. Despite weak mid-level lapse rates, low 70s surface
    dew points along the Carolina Coastal Plain will support moderate
    buoyancy with a plume of MLCAPE from 1500-2500 J/kg. A couple
    supercells may develop ahead of the cyclone, most likely across far
    eastern NC and the Outer Banks. A tornado or two, isolated large
    hail, and localized strong gusts are the expected hazards.

    …Ozarks/Mid-South…
    While rich boundary-layer moisture will remain confined across south
    TX/LA, a strengthening low-level baroclinic zone is expected during
    the afternoon to evening near the KS/OK border east-southeast into
    the Mid-South. Guidance is rather consistent in developing at least
    elevated convection to the cool side of this zone by evening. This
    will be coincident with an intensifying mid-level jetlet merging
    into the basal portion of the broad North-Central to Northeast CONUS
    trough. Forecast soundings depict potentially very strong mid to
    upper-level speed shear within the slightly north of west flow
    regime. Coupled with steep mid-level lapse rates, this setup could
    yield a few fast-moving elevated supercells. Primary uncertainty is
    with the degree of buoyancy given typically overdone MUCAPE in
    NAM-influenced guidance. But a focused corridor of large hail
    potential seems plausible.

    …Upper OH Valley…
    A confined corridor of modest boundary-layer heating may occur
    downstream of the primary surface cyclone drifting across northern
    OH to Lake Erie. Coupled with cooling mid-level temperatures, weak
    surface-based buoyancy is expected by midday into the afternoon.
    Deep-layer shear will not be strong given proximity to the mid-level
    trough, but should be adequate for weak/transient mid-level
    rotation. With numerous thunderstorms expected, small to marginally
    severe hail and isolated damaging winds are anticipated. A brief
    tornado is also possible with storms crossing the warm front before
    convection weakens abruptly eastward.

    …North FL and south GA…
    Along the southeastward-moving cold front, moderate buoyancy is
    expected ahead of the front. A veered low-level wind profile will
    limit effective bulk shear, but scattered thunderstorms could yield
    multicell clustering as updrafts congeal. Isolated damaging winds
    and marginally severe hail are anticipated this afternoon.

    …Deep South TX…
    Very large buoyancy will develop amid strong heating of rather rich
    western Gulf moisture. While large-scale signals for ascent are
    nebulous, convection will likely develop in northeast Mexico over
    the higher terrain this afternoon. Some of this activity may spread
    east across the Lower Rio Grande this evening. Weak winds through
    the lower half of the buoyancy profile will be a limiting factor to
    more organized storms, but any multicell clusters could pose an
    isolated severe hail/wind risk.

    ..Grams/Weinman.. 05/21/2025

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    MIL OSI USA News

  • MIL-OSI USA: SPC – No MDs are in effect as of Wed May 21 07:02:02 UTC 2025

    Source: US National Oceanic and Atmospheric Administration

    Current Mesoscale DiscussionsUpdated:  Wed May 21 07:19:03 UTC 2025 No Mesoscale Discussions are currently in effect.

    Notice:  The responsibility for Heavy Rain Mesoscale Discussions has been transferred to the Weather Prediction Center (WPC) on April 9, 2013. Click here for the Service Change Notice.
    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News

  • MIL-OSI USA: SPC – No watches are valid as of Wed May 21 07:02:02 UTC 2025

    Source: US National Oceanic and Atmospheric Administration

    Current Convective Watches (View What is a Watch? clip)Updated:  Wed May 21 07:19:05 UTC 2025 No watches are currently valid

    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News

  • MIL-Evening Report: New Caledonia, French Polynesia at UN decolonisation seminar in Dili

    By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk

    New Caledonia and French Polynesia have sent strong delegations this week to the United Nations Pacific regional seminar on the implementation of the Fourth International Decade for the Eradication of Colonialism in Timor-Leste.

    The seminar opened in Dili today and ends on Friday.

    As French Pacific non-self-governing territories, the two Pacific possessions will brief the UN on recent developments at the event, which is themed “Pathways to a sustainable future — advancing socioeconomic and cultural development of the Non-Self-Governing Territories”.

    New Caledonia and French Polynesia are both in the UN’s list of non-self-governing territories to be decolonised, respectively since 1986 and 2013.

    Nouméa-based French Ambassador for the Pacific Véronique Roger-Lacan is also attending.

    After the Dili meeting this week, the UN’s Fourth Commission is holding its formal meeting in New York in July and again in October in the margins of the UN General Assembly.

    As New Caledonia marks the first anniversary this month of the civil unrest that killed 14 people and caused material damage to the tune of 2.2 billion euros last year (NZ$4.1 billion), the French Pacific territory’s political parties have been engaged for the past four months in political talks with France to define New Caledonia’s political future.

    However, the talks have not yet managed to produce a consensual way forward between pro-France and pro-independence groups.

    French Minister for Overseas Manuel Valls, at the end of the most recent session on May 8, put a project of “sovereignty with France” on the table which was met by strong opposition by the pro-France Loyalists (anti-independence) camp.

    This year again, parties and groups from around the political spectrum are planning to travel to Dili to plead their respective cases.

    New Caledonia territorial President Alcide Ponga . . . pro-France groups have become more aware of the need for them to be more vocal and present at regional and international fora. Image: Media pool/RNZ Pacific

    Topping the list is New Caledonia’s government President Alcide Ponga, who chairs the pro-France Rassemblement party and came to power in January 2025.

    Other represented institutions include New Caledonia’s customary (traditional) Senate, a kind of Great Council of Chiefs, which also sends participants to ensure the voice of indigenous Kanak people is heard.

    Over the past two years, pro-France groups have become more aware of the need for them to be more vocal and present at regional and international fora.

    French Polynesia back on the UN list since 2013
    In French Polynesia, the pro-independence ruling Tavini Huiraatira party commemorated the 12th anniversary of re-inscription to the UN list of territories to be decolonised on 17 May 2013.

    This week, Tavini also sent a strong delegation to Timor-Leste, which includes territorial Assembly President Antony Géros.

    However, the pro-France parties, locally known as “pro-autonomy”, also want to ensure their views are taken into account.

    One of them is Moerani Frébault, one of French Polynesia’s representatives at the French National Assembly.

    “Contrary to what the pro-independence people are saying, we’re not dominated by the French Republic,” he told local media at a news conference at the weekend.

    Frébault said the pro-autonomy parties now want to invite a UN delegation to French Polynesia “so they can see for themselves that we have all the tools we need for our development.

    “This is the message we want to get across”.

    Pro-autonomy Tapura Party leaders Tepuaraurii Teriitahi (from left), Edouard Fritch and Moerani Frébault, at a press conference in Papeete last week . . . . “We want to counter those who allege that the whole of [French] Polynesians are sharing this aspiration for independence.” Image: Radio 1/RNZ Pacific

    Territorial Assembly member Tepuaraurii Teriitahi, from the pro-autonomy Tapura Huiraatira party, is also travelling to Dili.

    “The majority of (French) Polynesians is not pro-independence. So when we travel to this kind of seminar, it is because we want to counter those who allege that the whole of (French) Polynesians is sharing this aspiration for independence,” she said.

    ‘Constitution of a Federated Republic of Ma’ohi Nui’
    On the pro-independence side in Pape’ete, the official line is that it wants Paris to at least engage in talks with French Polynesia to “open the subject of decolonisation”.

    For the same purpose, the Tavini Party, in April 2025, officially presented a draft for what could become a “Constitution of a Federated Republic of Ma’ohi Nui”.

    The document is sometimes described as drawing inspirations from France and the United States, but is not yet regarded as fully matured.

    Earlier this month, French Polynesia’s President Moetai Brotherson was in Paris for a series of meetings with several members of the French cabinet, including Minister for Overseas Manuel Valls and French Foreign Affairs Minister Yannick Neuder.

    Valls is currently contemplating visiting French Polynesia early in July.

    Brotherson came to power in May 2023. Since being elected to the top post, he has stressed that independence — although it remained a longterm goal — was not an immediate priority.

    He also said many times that he wished relations with France to evolve, especially on the decolonisation.

    “I think we should put those 10 years of misunderstanding, of denial of dialogue behind us,” he said.

    In October 2023, for the first time since French Polynesia was re-inscribed on the UN list, France made representations at the UN Special Political and Decolonisation Committee (Fourth Committee), ending a 10-year empty chair hiatus .

    But the message delivered by the French Ambassador to the UN, Nicolas De Rivière, was unambiguous.

    He said French Polynesia “has no place” on the UN list of non-autonomous territories because “French Polynesia’s history is not the history of New Caledonia”.

    He also voiced France’s wish to have French Polynesia withdrawn from the UN list.

    The UN list of non-self-governing territories currently includes 17 territories worldwide and six of those are located in the Pacific — American Samoa, Guam, French Polynesia, New Caledonia, Pitcairn Islands and Tokelau.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: US to skip G20 summit in South Africa

    Translation. Region: Russian Federal

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

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

    LOS ANGELES, May 21 (Xinhua) — U.S. Secretary of State Marco Rubio said on Tuesday that President Donald Trump will not attend the upcoming Group of 20 (G20) leaders’ meeting in South Africa.

    “We decided not to participate in the G20 meetings this year hosted by South Africa, either at the Foreign Ministry level or at the presidential level, and that had a lot to do with some of these issues that they had on their agenda that we don’t think reflect the priorities of this administration,” he told a Senate Foreign Relations Committee hearing.

    Relations between South Africa and the United States have deteriorated since the African country’s President Cyril Ramaphosa signed an expropriation law in January. In March, the United States expelled South Africa’s then-ambassador Ebrahim Rasool, further straining tensions.

    Ramaphosa is currently visiting the United States and is scheduled to meet with Trump on trade and bilateral issues. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: China calls US bid to ban Chinese chips ‘unilateral bullying and protectionism’ /more/

    Translation. Region: Russian Federal

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

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

    BEIJING, May 21 (Xinhua) — China’s Ministry of Commerce on Wednesday described the U.S. attempt to impose a global ban on advanced Chinese computer chips as a typical act of “unilateral bullying and protectionism” that seriously undermines global semiconductor production and supply chains.

    The Chinese side took into account that the US Department of Commerce recently issued a guideline that, under the pretext of so-called “violations of US export controls,” was intended to impose a ban on the use of advanced Chinese computer chips, including Huawei Ascend-specific chips, worldwide, an official representative of the Chinese Ministry of Commerce said.

    The move by the United States deprives other countries of the right to develop advanced computer chips and high-tech industries such as artificial intelligence, a statement from a spokesman for China’s Ministry of Commerce said.

    By abusing export controls to contain and oppress China, the United States violates international law and basic norms of international relations, seriously harms the legitimate rights and interests of Chinese enterprises, and harms China’s development interests, the official said.

    The Chinese side draws special attention to the fact that such measures by the United States may constitute restrictions of a discriminatory nature against Chinese companies. And any organizations and individuals who implement or assist in the implementation of these measures will certainly be held legally liable on suspicion of violating Chinese laws and regulations, the Ministry of Commerce warned.

    As the official representative of the department noted, innovative development and mutually beneficial cooperation are the dominant global trends. The Chinese side urges the United States to immediately correct its erroneous actions, comply with international trade and economic rules, and respect the right of other countries to scientific and technological development, the official representative emphasized.

    The Chinese side will closely monitor the development of the situation regarding the US measures and take decisive measures to protect its legitimate rights and interests, the official representative added. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: China’s Pizza Market to Exceed RMB 100 Billion in 5 Years: Report

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    SHANGHAI, May 21 (Xinhua) — China’s pizza market is expected to exceed 100 billion yuan (about 13.9 billion U.S. dollars) in the next five years, with growth driven mainly by smaller cities, according to an industry report released at the ongoing SIAL Shanghai international food expo.

    In 2024-2025, the market size is expected to grow from 48 billion to 60.8 billion yuan. By the end of March 2025, there were more than 60 thousand pizzerias in China.

    In terms of the growth rate of the pizzeria chain for the period from 2016 to 2022, cities of the third and lower levels surpassed cities of the first category – the growth was 10 percent and 7.6 percent, respectively. In the period from 2025 to 2027, another 15 thousand pizzerias are expected to open.

    Notably, in 2022, the online segment’s share in the Chinese pizza market surpassed the offline sales share for the first time, reaching 58.1 percent. The online segment will continue to expand in the coming years, the report notes.

    Pizza arrived in mainland China in 1990, when the country’s first foreign-invested pizzeria opened. Initially considered a Western dish reserved for upper-class cities, pizza has gained widespread popularity in the decades since.

    Analysts attribute the market expansion to the active introduction of takeaway services, increased consumer spending in smaller cities and growing demand for pizza options tailored to local tastes.

    However, the report notes that the density of pizzerias in China is still low compared to other countries. As of 2022, China had 11.7 such establishments per million people, compared to 232.4 in the United States, and compared to Japan and the Republic of Korea, it is only a third of those countries. -0-

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: LCQ6: Supporting freight and logistics sector

    Source: Hong Kong Government special administrative region

    Following is a question by the Hon Frankie Yick and a reply by the Secretary for Transport and Logistics, Ms Mable Chan, in the Legislative Council today (May 21): 

    Question:

    There are views pointing out that although the United States (“US”) has seen its ranking as Hong Kong’s major important trading partner decline in recent years, the imposition of high tariffs on Hong Kong goods and the elimination of the duty-free de minimis treatment for small parcels continue to have a significant impact on Hong Kong’s freight and logistics sector. Members of the sector have predicted that the US tariff trade war against China will lead to a sustained decline in Hong Kong’s freight volumes and could trigger an immediate supply chain disruption crisis, and the measures taken under the five major strategies as indicated earlier on by the Secretary of Transport and Logistics will be difficult to see results in the short term. In this connection, will the Government inform this Council:

    (1) whether it has assessed the specific impact of the tariff trade wars launched by US to date on Hong Kong’s freight and logistics sector (including sea, land, and air transport);

    (2) in order to make up for the shortfall resulting from the loss of the US market and to consolidate Hong Kong’s position as a regional logistics hub, of the short-term measures taken by the authorities to assist the logistics sector in accelerating the development of new markets; and

    (3) in response to cash flow problems faced by logistics companies due to shipment delays or cancellations caused by the tariff trade wars, of the support measures put in place by the Government, such as the consideration of providing low-interest loans to these companies to address their immediate needs?

    Reply:

    President,

    Hong Kong has long supported and upheld the multilateral trading system. The imposition of tariffs and other trade protectionist measures by certain countries not only disregards Hong Kong’s status as a free port with zero tariffs, but also damages the global multilateral trading system. Such measures disrupt global supply chains, harming all parties involved including the implementing countries themselves.

    As previously announced by the Chief Executive, in response to the relevant developments, the Government will strengthen its strategy in seven areas, including to fully seize the opportunities in our country, China’s development, and actively integrate into the national development; to strengthen international exchanges and deepen regional ties and co-operation; to accelerate industrial transformation; to intensify efforts to develop technological innovation; to vigorously advance international financial co-operation; to proactively attract foreign companies and capital to establish in Hong Kong; and to provide various support to help Hong Kong enterprises. 

    Having consulted the Commerce and Economic Development Bureau and the Hong Kong Monetary Authority (HKMA), our reply to the Hon Frankie Yick’s question is as follows:

    (1) Hong Kong recorded a 3.2 per cent year-on-year increase in air cargo volume in thefirst quarter of 2024, reaching 1.16 million tonnes. Container throughput of our port also grew by 2.7 per cent year-on-year to approximately 3.4 million twenty-foot equivalent units. The observed growth in cargo volumes is believed to be attributable to shippers’ urgency to ship goods ahead of the anticipated implementation of reciprocal tariffs. Recently, our country and the United States (US) have reached a provisional agreement to reduce bilateral tariffs for 90 days. It is expected that shippers will maximise shipments during this window. However, it is expected such volume growth is unlikely to be sustained. In fact, the negative impact of the reckless imposition of tariffs by the US on global trade will be far-reaching. The overall global trade volume is expected to fall, and the logistics industry will inevitably be affected.

    (2) In light of the new international trade environment, we must make preparations to avoid and mitigate risks while seizing new opportunities arising from the changing landscape. To this end, the Transport and Logistics Bureau will closely monitor developments, maintain proactive engagement with the trade, and lead Hong Kong’s logistics sector to cope with challenges by adopting five major strategies.

    Firstly, we will explore emerging markets including the Middle East and the Association of South East Asian Nations (ASEAN), while continuing our collaboration with the Hong Kong Logistics Development Council (LOGSCOUNCIL) to promote Hong Kong’s logistics advantages by conducting promotional visits to and exploring other markets along the “Belt and Road”. Secondly, we will strengthen collaboration with ports located in the Guangdong-Hong Kong-Macao Greater Bay Area, and establish a comprehensive “rail-sea-land-river” intermodal transport system, thereby developing new cargo sources. Thirdly, we are actively studying the exemption of the import and export licence requirements for certain products to attract more transhipment cargoes. Fourthly, we will deepen international port and shipping co-operation by pursuing digitalisation and green and smart transformation of our port to enhance Hong Kong’s port competitiveness. Fifthly, we will further expand Hong Kong’s maritime and aviation networks to diversify our markets and reduce reliance on the US market.

    (3) The HKSAR Government has been assisting small and medium enterprises (SMEs) in addressing challenges and maintaining competiveness amid a complicated and ever-changing economic environment through various funding schemes and support measures. As regards alleviating cash flow pressure, the Government has kept on enhancing the SME Financing Guarantee Scheme (SFGS) so as to meet the financing needs of SMEs during the economic downturn. Borrowing enterprises under the SFGS (including enterprises in the logistics sector) are now allowed to apply for principal moratorium arrangement for up to 12 months (the application period will last until November 17, 2025), and the maximum loan guarantee periods of the 80% and 90% Guarantee Products be extended to ten years and eight years respectively. At the same time, the partial principal repayment options will be offered to new loans so as to provide more repayment flexibility.

    The HKMA, together with the banking sector, introduced in April 2025 additional support measures to further assist SMEs in obtaining bank financing and in their upgrade and transformation. In addition, all the 18 participating banks in the Taskforce on SME Lending have reaffirmed their commitment to actively implementing the “9+5” SME support measures launched by the HKMA and the banking sector in 2024. Referencing the principles under the Pre-approved Principal Payment Holiday Scheme, the banking sector will continue offering flexible repayment arrangements and deferment of repayment period. The total amount of dedicated funds for SMEs set aside by these banks in their loan portfolio has increased from $370 billion in October 2024 to more than $390 billion at present.

    As regards export credit insurance, further to the 2024 Policy Address initiative on increasing the maximum indemnity percentage of the Hong Kong Export Credit Insurance Corporation (ECIC) to 95 per cent, ECIC already launched three more support measures on April 10, 2025, including extending the free pre-shipment cover for holders of the Small Business Policy (SBP); offering a 50 per cent discount on pre-shipment risks to cover premiums for non-SBP holders; and aligning the premium rates for new markets with those for traditional markets to assist exporters in tapping into the new markets. ECIC will also provide 20 additional free credit assessment service on the buyers in the Mainland, ASEAN and Middle East, collaborate with various financial institutions to provide financing support for e-commerce, and providing credit insurance for export services relating to multinational supply chain to support Hong Kong export trade.

    Thank you, President.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Concerts, trainings and performances: how the large-scale project “Summer in Moscow” will take place

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    A large-scale urban project will begin on June 1 “Summer in Moscow”, which will last three months. It will once again unite all the bright charity, cultural and sports events of the next season, which will take place in all districts of the capital. Most of them will be held outdoors.

    From tastings to dancing and plein air

    The festival “Gardens and Flowers” runs until September 7. City sites will be transformed into blooming gardens, and rare plants will be seen on the capital’s streets. Muscovites and tourists will be immersed in the atmosphere of summer, will be able to take bright photo sessions and walk along picturesque routes.

    One of the main gastronomic events of the year will be the festival “Moscow is on the wave. Fish week”, which will take place from May 30 to June 8. There will be fish corners on Shkolnaya Street, and open-air shopping chalets will offer various types of fresh, dried and chilled fish and seafood. Chefs will prepare unusual and classic dishes especially for guests at the festival venues.

    As part of the historical festival “Times and Epochs” From June 11 to 15, visitors will see historical periods from Antiquity to the Great Patriotic War. Children and adults will learn to hold swords in their hands or sit at a loom, and professional reenactors will help them with this.

    The Tastes of Russia festival will take place from July 4 to 13. On the streets of the capital, you can try the cuisine of the peoples of Russia and get acquainted with dishes that have become the calling card of different cities – from Kaliningrad to Vladivostok. Tastings and culinary experiments will give you new recipes and help you choose combinations of products for your home table.

    The Kolomenskoye Museum-Reserve will host vintage market — an exhibition and sale of items from the Soviet and pre-revolutionary eras. Guests will enjoy a varied program with the participation of collectors and historians. Muscovites and tourists will be able to get acquainted with the photography craft of the film camera era, hear the sound of gramophone records from the 1920s, dance a square dance and polka to the sounds of a gramophone, remember Viktor Tsoi and the rock era of the 1980s, learn the history of the Olympic bear and purchase figurines of the mascot of the 1980 Olympics, as well as admire antique items and add badges, postcards, dishes and other things with history to their collections.

    From June 1 to September 7, there will be a summer clubThis is a sports and creative art space that will house beauty trucks, fashion pop-ups, greenhouses, a lecture hall, a climbing wall and many play areas.

    On the same dates, a festival will be held on Chistoprudny Boulevard “Street. Dancing” — a bright event for experienced dancers and those who want to learn breakdance, hip-hop, funk, shuffle and Latin. Within its framework, professional dancers will conduct master classes, organize flash mobs and battles.

    On the same days, a plein air painting will take place on Strastnoy Boulevard “Street. Art”. Art master classes, exhibitions of art objects, painting lessons in an art studio and performances by artists are organized here. Everyone is invited to participate. In addition, the participants of the competition “Moscow life in the summer” will paint unusual art objects: arches, balls and floor lamps – applications are being accepted until the end of May.

    Sergei Sobyanin: Large-scale project “Summer in Moscow” will begin on June 1

    Festival “Moscow Estates” will allow Muscovites and guests of the capital to immerse themselves in past eras in an original interactive format. The previous summer season was a record-breaking one: the event took place on the territory of 40 estates, which were visited by more than 700 thousand people. The festival was also held in winter.

    The capital will also host the Ice Moscow Tea festival, which will bring together more than 500 gastronomic establishments. Throughout the summer, they will offer visitors ice Moscow tea. The drink is prepared according to original recipes. As part of the project “Moscow Tea Party” Restaurants, cafes and hotels will continue to serve special tea sets in a signature service and with signature treats. Tea “Moscow” can be found in popular retail chains, souvenir shops and other places in the capital.

    For participants Russpass gamesusing augmented reality technologies, will offer 100 new sites where you need to look for cartoons as part of the Summer in Moscow project. For each meeting with them, virtual points are given in the form of experience. Using them, you can buy tickets to museums and other places in the capital with a discount of up to 99 percent as part of the Russpass bonus program. The game is available in the Russpass mobile application.

    An augmented reality game has been launched for guests of the Winter in Moscow venues

    Circus, theater and patriotic quests

    From June 1 to August 31, the capital will host an international open festival “Teatralny Boulevard – 2025”. Moscow will be transformed into a single large theater stage, where Muscovites and guests of the capital will be able to immerse themselves in the world of theater, try themselves in the role of an actor, decorator and director, as well as take part in a production or visit a creative workshop, learn more about the history of the theater and take a photo with their favorite artist. And of course, guests will see the best productions of Russia and foreign participants.

    Over the course of three months, more than 600 productions will be presented at 14 venues in the capital, including the amphitheater on Pokrovsky Boulevard and the amphitheater in the Polytech Museum Park. More than three thousand artists from all over the world will take part in them.

    June 1st Museum-Reserve “Kolomenskoye” a large-scale celebration of International Children’s Day will take place. Previously, it was held for many years on Tsvetnoy Boulevard, but this year the beloved event will take place at a new site that will be able to accommodate even more guests.

    Every year, the main theme of the festival is a dedication to beloved children’s poets, artists, writers, legendary films and cartoon characters. In previous years, festivals were dedicated to the legacy of Sergei Mikhalkov, Nikolai Nosov and Korney Chukovsky. This year marks the 50th anniversary of the film “The Adventures of Buratino”, which millions of children in our country have watched and continue to watch. Therefore, the festival will be held in honor of the cult character of Alexei Tolstoy.

    World Festival of Circus Arts “Idol 2025”will be held in Moscow for the ninth time. Its venue will be the arena of the Great Moscow Circus on Vernadsky Avenue, the largest circus in Europe. Guests will be able to attend performances for a whole month. The main events are scheduled from July 17 to 20, and then, until August 17, viewers will be able to enjoy the gala show of the winners.

    Since 2013, the festival has established itself as one of the most significant events in the world of circus arts. It has brought together more than 1,700 artists from 50 countries, including participants and spectators from China, Vietnam, the Philippines, Italy, Spain, Germany, Poland, Austria, the USA, Mongolia, Ethiopia, Tanzania, Mexico, Chile, Brazil, Argentina, Cuba and many other countries. The main awards – “Golden Idol”, “Silver Idol” and “Bronze Idol” are awarded by a professional jury for the most spectacular, unusual, flawlessly performed number. The prizes “Golden Manege”, “Silver Manege” and “Bronze Manege” are presented by representatives of the media. The audience sympathy prizes “Golden Audience Hall”, “Silver Audience Hall” and “Bronze Audience Hall” are awarded based on the results of audience voting.

    The Summer in Moscow project will also feature a tent circus. The structures will be located in several picturesque corners of the city. Guests will be able to immerse themselves in an atmosphere of real magic and fun. Some of the best Russian artists will present their productions and numbers. Spectators will see a show with aerial gymnasts on canvases, acrobats on a swing trapeze, clown duets, equilibrists, and jugglers. There will also be numbers with animals.

    Victory Park will be transformed into an open-air museum. In the year of the 80th anniversary of Victory, a large-scale patriotic project has been prepared for visitors. They will be offered walking and bus tours with professional guides, as well as tours in retro cars. In total, four walking routes run through the park, on which 25 monuments of Poklonnaya Gora are located.

    For young visitors, interactive quests along tangled military roads and secret partisan paths will be organized. All comers will be able to receive a stylized Red Army book, in which they can collect star stamps for completing tasks. The most active participants will receive memorable souvenirs and prizes.

    On the territory of Victory Park you can play skittles, chess and laser tag, as well as assemble a soldier’s kit bag, write a letter to the front and much more.

    Moscow Children’s Arts Festival “Sky”will be held for the third time in the capital from May 31 to June 1 in the Muzeon Arts Park. It will unite various types of art (theater, circus, music, dance), as well as science, literature and architecture. Guests will enjoy premieres, children’s operas and tours of leading regional theaters, an architectural workshop, master classes of musicians and choreographers, literary and scientific programs. Theaters and creative groups from Moscow, St. Petersburg, Nizhny Novgorod, Perm, Voronezh, Krasnoyarsk, Tobolsk, Almetyevsk and Kaliningrad will present their performances and numbers. About 90 different productions will be held at 12 venues. Guests will be able to see them from 11:00 to 20:00, admission to all events is free. Last year, the festival was visited by more than 180 thousand people.

    In early July, the Tsaritsyno Museum-Reserve will celebrate Day of Family, Love and Fidelity. This summer, the festival will be held in a multi-genre festival format for the 11th time. Last year, it was visited by 57 thousand people, for whom more than 250 artists from famous Moscow theaters and groups performed. The venue hosted lectures, over 200 master classes and other events.

    An extensive educational program has been prepared for guests of Zaryadye Park. It will begin on International Children’s Day, June 1. Each participant will be able to try themselves in the role of a physicist, chemist, biologist or engineer. Guests will also be treated to a large quest created jointly with scientists from the Lomonosov Moscow State University.

    On June 21 and 22, the Zaryadye Park will host the Theatre Weekend festival. This year, the program is dedicated to the 165th anniversary of Anton Chekhov’s birth and the 80th anniversary of the Victory. Spectators will see performances by leading Moscow theaters: the A.P. Chekhov Moscow Art Theater, the Russian Academic Youth Theater, the Moscow Sovremennik Theater, the Central Academic Theater of the Russian Army, the Praktika Theater, and others. The festival’s motto this year will be “Make way for the young!” Therefore, groups from the Moscow Art Theater School, the Moscow State Institute of Culture, the Russian Institute of Theater Arts – GITIS, as well as special guests – actors from the Donetsk Republican Academic Youth Theater will perform on stage.

    From classical music to photo exhibitions

    On June 28 and 29, the Zaryadye Park will host the New Classics festival. This year, the program is dedicated to the 125th anniversary of the birth of the avant-garde pianist and composer Alexander Mosolov. Spectators will hear his composition “Factory. Music of Machines” for the first time. Part of the work was lost, and composer Nikolai Popov and director Yuri Kvyatkovsky will supplement it, creating a large festival form. “Moscow. Music of Machines” will connect two musical eras – the avant-garde Moscow of the early 20th century and today’s Moscow. The main theme of the festival will be a dialogue between man and technology, and Zaryadye Park will once again become a space where modern classics meet the future, and traditions intertwine with innovations.

    From June 1 to September 7, film screenings will be held in the atmospheric space of the park under a glass crust as part of the “Cinema Summer in Zaryadye” festival. Viewers will see masterpieces of Russian cinema created by Vladimir Menshov, Tatyana Lioznova, Karen Shakhnazarov, Grigory Alexandrov, Mikhail Kalatozov, Alla Surikova and others. The films of these directors have already become classics. They are still watched with interest by viewers of different ages.

    Guests will be treated to 30 films, ranging from romantic comedies set against the backdrop of summer landscapes to poignant war dramas, exciting space adventures and profound social studies.

    As part of the Summer in Moscow project, two photo exhibitions will be held on Tsvetnoy Boulevard. They are dedicated to the 90th anniversary of the birth of People’s Artist of the USSR Yuri Solomin and the 110th anniversary of the birth of People’s Artist of the USSR Vladimir Zeldin.

    The exhibition in memory of Yuri Solomin will be prepared by the Moscow Directorate of Mass Events under the supervision of the State Academic Maly Theatre and his granddaughter Alexandra Solomina.

    The exhibition dedicated to Vladimir Zeldin will be organized by the Moscow Directorate of Mass Events together with the Central Academic Theater of the Russian Army. Muscovites and guests of the city will be able to get acquainted with the creative legacy of the legendary actors and see photographs from their family archives.

    Events in honor of the 80th anniversary of the victory in the Great Patriotic War

    On June 21 and 22, Moscow will host two significant events dedicated to preserving the memory of the Great Patriotic War: “Memory Line” on the Krymskaya Embankment of the Muzeon Arts Park and “Memory Watch. Eternal Flame” in the Alexander Garden. Every year, Muscovites and guests of the capital come to support them with their entire families.

    For 11 years, on June 21, the day before the start of the Great Patriotic War, the Crimean embankment of the Muzeon Art Park is illuminated by the light of 1,418 candles. Each candle is a symbol of one of the days of the war. The burning “memory line” runs from June 22, 1941 to May 9, 1945.

    The first candle in the campaign is symbolically lit from a piece of the Eternal Flame on Poklonnaya Hill. Anyone can join the event and light a candle, thereby reminding themselves and their loved ones of the importance of preserving the memory of the terrible years of the war. Every year, the line lights up in a matter of hours and continues to burn throughout June 22.

    During the event “Memory Watch. Eternal Flame” all those wishing to can remember the events of June 1941 and honor the memory of those who died for their Motherland by laying flowers at the Tomb of the Unknown Soldier. Every year young men and women from youth associations, public organizations and patriotic clubs, as well as Muscovites and guests of the capital, join in. At 04:00 a documentary recording of Yuri Levitan’s message about the beginning of the Great Patriotic War of 1941-1945 will be played. After that, there will be a minute of silence and the laying of flowers.

    On April 26, the Victory Park project began on the territory of the Victory Park. The Main Patriotic Park, implemented by the Victory Museum with the support of the Moscow Government. Until October, on weekends, visitors will be able to take the quest “Forward to Victory!” for free, which is held at more than 80 interactive sites, and immerse themselves in the atmosphere of the 1940s.

    From carnival processions to jazz concerts

    From August 28 to 31, the Gorky Festival will be held in Gorky Park. The theme of this year’s event is “Gorky Chekhov”. The theatrical program will be held at the Moscow Youth Theater, the main events, as always, will be presented in Gorky Park and Neskuchny Garden.

    Guests can expect theatrical performances, exhibitions and installations, a theatrical laboratory, a music program and a circus show. Last year, the festival covered 18 venues, which were visited by more than 330 thousand spectators.

    In June, the capital will host the IV Moscow Jazz Festival, one of the largest jazz festivals in the world and the largest jazz festival in Russia. On June 9 and 15, the opening and closing ceremonies will be held in the P.I. Tchaikovsky Concert Hall. From June 10 to 14, festival events will be held in the Hermitage Garden, Zaryadye Park, Muzeon Arts Park, VDNKh, and the Tsaritsyno Museum-Reserve. Guests will enjoy over 400 hours of live music performed by over 1,000 musicians.

    The III Moscow Summer Music Festival “Zaryadye” will be held from June 2 to July 6. World-class stars and invited artists will present concerts, special and children’s projects on the stage of the Zaryadye Hall. The closing of the festival will take place in the open air in the park’s amphitheater.

    Sports and entertainment in parks

    With the arrival of the long-awaited summer, more than 55 million guests are expected in over 50 capital parks, for whom a multi-format festival program has been prepared.

    Muscovites and tourists can expect large-scale events, including the park festival “Gardens and Vegetable Gardens”, City Day and many others.

    The parks will host over 10,000 local events. Sports enthusiasts will be able to attend daily morning exercises, outdoor training, and much more. Participation in the classes will help improve health, improve physical fitness, and develop teamwork skills.

    The cultural program includes parties in summer cinemas, immersive performances and dances. Professional artists and creative groups will present their numbers and theatrical performances. Every weekend, park visitors will be treated to music, dance flash mobs and open-air karaoke, and the Park Symphony festival will combine musical rhythms of different genres.

    Residents and guests of the capital will be able to attend gastronomic events: open master classes by famous chefs and lectures on culinary trends. Special places will be equipped for picnics.

    Summer Program for Youth: Development and Creative Growth

    Young Muscovites will enjoy an extensive entertainment and educational program. From June 9 to July 19, the Moskino Cinema Park will host the first creative camp, “Youth of Moscow.” Participants will be able to demonstrate their skills in choreography, vocals, humor, and other creative areas. The shifts will be dedicated to different areas of art: KVN, vocals and music, cinema, producing, original genre, and event organization. The “KVN School” shift is aimed at developing skills in humor and teamwork, while the “Original Genre School” will help aspiring circus performers, cheerleaders, gymnasts, and acrobats improve their skills in the performing arts, and learn how to work with props in interactive productions. As part of the “Dance School,” children will develop their abilities and try themselves in various choreography styles, learn to express emotions in dance, and create their own unique productions. In the “School of Vocals and Music” young Muscovites will be able to improve their vocals, work on their voices with professionals and unite into youth musical groups. The shift “School of Cinema, Producers and Event Organizers” will be aimed at developing organizational skills, producing and acting skills.

    The final race will be held in the format of the Art Quarter festival, where an open large-scale gala concert will take place, uniting all directions. It will be prepared by young people from different shifts of the camp.

    From June 28 to August 4, the patriotic camp “Youth of Moscow. Capital. Summer” will operate for the fourth time. The site will be the territory of the recreation center “Red Carnation”. Participants will have six thematic shifts.

    The “Achieve” shift will bring together athletes, “Manage” — representatives of student government, “Improve” — young professionals, and the “Help” shift will bring together Moscow volunteers. Young Muscovites will be able not only to develop their skills in various fields, but also to find friends, realize their creative potential, and gain new emotional experience. Songs with a guitar and meetings around a large fire will become a tradition of the camp. Meetings and master classes with participants of a special military operation are planned. All shifts will also teach how to provide first aid, resist fire, and ensure safety for yourself and your loved ones in emergency situations.

    City residents aged 18 to 35 can apply for participation. Registration is open on the portal “Youth of Moscow”.

    In honor of Youth Day, the capital will host a large number of events — from master classes and intellectual games to creative concerts and events. The flagship event will be held in Khodynka Pole Park on June 28 and 29. This year, the festival concept provides for the synergy of key areas for the comprehensive development of the city’s youth. Eight key zones dedicated to various topics will be prepared for guests: patriotism, career guidance, creativity, personal development, friendship, sports, volunteering and trends. Visitors will enjoy educational lectures, trainings and master classes, a job fair, competitions in various sports and much more.

    Traditionally, on Youth Day, the KVN League Summer Cup “Youth of Moscow” and the “Space Basketball” tournament will be held, in which youth teams will take part. Young performers who want to make a name for themselves throughout the city will be able to perform on an open stage.

    From May 25 to September 7, the Youth Point festival will be held on Bolotnaya Square. The site will host hubs — interactive modern spaces dedicated to art, sports, development, and future competencies. The festival program will include large open discos, master classes in sketching, water painting, sports activities, and much more.

    Charity initiatives

    On July 5 and 6, the Bauman Garden will host the charity festival “City of the Caring”, dedicated to the Day of Family, Love and Fidelity. The entertainment program will include activities for the whole family. Guests will enjoy creative master classes, a charity quest, a no-lose lottery and photo zones for summer photos. A play area will be set up for children. At the “Fluffy Friend” site, guests will be able to meet animals from shelters and choose pets for themselves. A charity fair will also open, where goods from Moscow non-profit organizations (NPOs) will be presented. All proceeds from sales will be directed to helping their wards.

    Visitors will be able to get to know the city’s social projects better and take part in them.

    Checkers, table tennis and fitrock

    From May 29 to September 7, Moscow will host a festival of urban sports. Throughout the summer, sports training and entertainment events aimed at popularizing an active lifestyle among residents of the capital will be held in the capital’s parks. The most active participants will receive prizes.

    The project “Summer. Beach. Moscow Sport” will be held from May 31 to August 31. It is organized for those who spend the summer in Moscow. Zumba, stretching, functional training, beach volleyball, yoga and fiery fitrock training will be held in beach recreation areas on weekends. In addition, there will be an opportunity to play tetherball, frisbee and beach tennis.

    From May 31 to September 7, training sessions for the new season of the Sports Weekend project will take place, thanks to which city residents can do sports for free under the guidance of professional trainers on Saturdays and Sundays at more than 50 unique venues in the city, as well as online.

    From June 1 to September 7, the “Chess Square” space will be available near the Metropol Hotel. On weekdays, anyone can take chess sets and play easy games. On weekends, there will be family, open and children’s tournaments, as well as master classes by famous grandmasters.

    From June 1 to September 30, a new season of free training will be held as part of the My Sports District project. Participation in them will be interesting for city residents who love sports and want to do them regularly. Classes are held all year round and change depending on the season.

    On July 5, large-scale sports events “Moscow Sports Day” and “Moscow Sports Night” will take place. Guests will enjoy more than 20 themed sports grounds, master classes, tournaments and a concert with popular artists at “Moscow Sports Day”, as well as more than 15 zones with sports activities and autograph sessions with famous athletes at “Moscow Sports Night”.

    “Green Market” and art pavilions

    From May 25 to September 7, art pavilions of the Made in Moscow project will operate in tourist areas of the capital. Here you can buy more than 70 thousand products from local manufacturers – from clothes and cosmetics to children’s toys and food products.

    The flagship venue will be the Green Market on Bolotnaya Square, where a rollerdrome with a summer cinema will be available for the first time. Guests will be treated to a rollerdrome show, discos and events organized with the participation of the capital’s Committee on Public Relations and Youth Policy, which became a partner of the flagship venue for the first time this summer season.

    Reservation of venues

    The mos.ru portal is resuming its work on the city space booking service “Everyone on the street!”. From May 20, you can submit applications for holding events.

    Representatives of small and medium-sized businesses, individual entrepreneurs, self-employed individuals and individuals can book a site free of charge.

    More than 100 venues will be available for booking, including chalets for master classes, stages, gazebos, sports and dance floors, located in every district of the city.

    Results of the booking service last year

    Last year, the city hosted the festival “Summer in Moscow. Everyone out on the street!” for the first time – a new format of interaction between the city, business and Muscovites within the framework of the event program. Its key feature was that the agenda of summer recreation in the capital was created by Muscovites themselves. About 25 thousand events (every fourth) were organized by residents, businesses or NGOs. About 1.1 thousand entrepreneurs organized about 8.5 thousand events and presented their projects to a wide audience.

    Special project “Time of Opportunities”

    For the capital’s entrepreneurs, a special project called “Time of Opportunities” is starting, previously called “Come on in!” This is an excellent opportunity to vividly tell about your business, making it memorable for a wide audience. Shops, restaurants and cafes, service enterprises, fitness centers and sports studios, educational centers and creative studios can take part in the project.

    Participants will receive a summer business box, which includes a set of free services from market leaders for business promotion, the opportunity to post information about their events on the mos.ru poster, in the Yandex Maps and 2GIS applications, as well as media support in the media: on television, in online publications, print media and Telegram channels.

    The Russpass website will organize a collection of feedback from visitors. Entrepreneurs who have collected the largest number of positive reviews will receive a package for promoting their business, “The Most Active”.

    To become part of the project, you need to prepare a unique special offer. These can be thematic master classes, seminars, shows, performances and much more. You also need to fill out a participant’s questionnaire.

    Results of the special project for the last season

    As part of the special project “Come on in!”, more than 700 organizations from various fields made over 900 offers to city residents and tourists. These were discounts and bonuses, free master classes, gastronomic tastings, tickets to performances and sports classes. More than six thousand people took advantage of them.

    Art pavilions of the Made in Moscow project

    On April 15, a selection began among the capital’s entrepreneurs who will present their products in the art pavilions of the Made in Moscow project market, which is part of the city’s summer program Summer in Moscow.

    The selection will be held for participants of the Made in Moscow project – these are self-employed people, individual entrepreneurs, representatives of small, medium and large businesses that produce children’s goods, clothing and footwear, accessories, household and animal goods and much more in the capital.

    To do this, you need to register in the project on the website business.madeinmoscow.rf, having previously familiarized yourself with the conditions (availability of a capital tax identification number, as well as a full or partial production cycle on the territory of Moscow).

    A large-scale market of local goods will cover the main tourist sites, including Bolotnaya Square. More than 700 Moscow brands will be able to get space on the shelves for selling goods. Entrepreneurs will not only present their products, but will also hold thematic lectures and master classes, organize prize draws and tastings.

    Participation in the summer market “Made in Moscow” is a free measure of support provided to businesses by the capital Department of Entrepreneurship and Innovative Development.

    This allows local brands to increase their recognition among city residents, as well as sales of goods that they produce in the city. Thus, last year from August 1 to September 9, as part of the forum-festival “Territory of the Future. Moscow 2030” on Bolotnaya Square, the market of the future “Made in Moscow” was open. It was visited by more than 150 thousand people, and the revenue of the market participants reached 50 million rubles.

    It is also worth noting the successful experience of the Made in Moscow magic market as part of the city’s winter program “Winter in Moscow”. It was held from December 20 to February 28 at seven popular sites – from Arbat to Kuznetsky Most. It was visited by more than 570 thousand people. Moscow entrepreneurs sold over 50 thousand goods.

    The market became one of the key measures of city support, which was used by more than 500 Moscow brands. A rich entertainment program was organized for guests, including more than 3.5 thousand thematic events, including master classes and fashion shows.

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

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/154057073/

    MIL OSI Russia News

  • MIL-OSI: Jeito Capital Leads a USD 65 million Financing in ReproNovo to Develop Transformational Treatments in Reproductive Medicine and Women’s Health

    Source: GlobeNewswire (MIL-OSI)

    Jeito Capital Leads a USD 65 million Financing in ReproNovo to Develop Transformational Treatments in Reproductive Medicine and Women’s Health

    • Proceeds from the financing will advance ReproNovo’s lead candidates RPN-001 (leflutrozole) and RPN-002 (nolasiban), through Phase 2 clinical trials in male infertility and in the treatment of adenomyosis and embryo implantation, respectively
    • In the context of increasing infertility across the world, this investment reflects Jeito’s interest in highly promising clinical-stage biopharma companies developing breakthrough innovations with strong value-creation potential for patients and society

    Paris, France, May 21, 2025 – Jeito Capital (“Jeito”), a global leading independent Private Equity fund dedicated to biopharma, announced today it is leading a USD 65 million (EUR 57 million1) Series A financing round in ReproNovo, a company dedicated to developing innovative treatments for reproductive medicine and women’s health.

    AXA IM Alts and M Ventures co-led the financing round alongside a syndicate of healthcare funds: Ysios Capital and ALSA Ventures.

    Ksenija Pavletic, Jeito Partner and Chief Commercial Officer with 25 years of experience in reproductive medicine and women’s health, will join ReproNovo’s Board of Directors.

    Founded in 2021, ReproNovo is developing novel approaches to address critical gaps in reproductive medicine and women’s health, including male and female infertility as well as uterine health. The company, led by a team of experts in this space – Jean Marie Duvall, Chief Executive Officer, Joan-Carles Arce, MD, PhD, Chief Scientific Officer and Medical Officer, and BingMei Hao, Chief Financial Officer – brings a proven track record in successful clinical development and commercial launches.

    Since its inception, ReproNovo has rapidly built a pipeline comprising two Phase 2 clinical-stage assets across three disease areas, and the company plans to use the proceeds from this financing to advance this pipeline across multiple programs:

    • With its lead candidate, RPN-001 (leflutrozole), the company will focus on the development of an oral therapy for male infertility due to low testosterone levels. Low testosterone is becoming more prevalent, including in younger men, highlighting the urgent need for an efficacious treatment option.​ This trend coincides with a broader decline in male reproductive health, now recognized as a major public health problem2.
    • RPN-002 (nolasiban), also orally administered therapy, is a first-in-class compound to manage adenomyosis, an overgrowth of endometrial tissue into the uterus that can result in severe menstrual bleeding and pain. Similar to endometriosis, this is a common gynecological condition, with recent imaging studies identifying features of adenomyosis in nearly one in four women undergoing gynecological evaluation3.

    RPN-002 will also be explored for improving success rates in assisted reproductive technologies (ART).

    The global decline in fertility rates, coupled with the rising incidence of male infertility (sperm counts have fallen by 50% to 60% over the last four decades4) and the significant health risks women endure during fertility treatments underscore the urgent and underserved need for innovative reproductive solutions that address both genders and these global challenges comprehensively.

    Through this investment, Jeito reaffirms its commitment to highly promising companies with transformational science that has the potential to deliver strong value for patients and society. By tackling male infertility and women’s health at a global scale, ReproNovo is addressing not only a significant patients’ concern but also a major societal issue.

    Dr. Rafaèle Tordjman, MD, PhD, Founder and CEO of Jeito Capital, said:
    “ReproNovo combines strong innovative potential, a seasoned team, and a clear ambition to address one of the most pressing global challenges of our time: declining birth rates. At Jeito, we are committed to advancing breakthrough innovations with significant value for both patients and society. This investment reflects that commitment. We are proud to support the acceleration of ReproNovo’s clinical development and help unlock its potential to become a future market leader.”

    Ksenija Pavletic, Partner and Chief Commercial Officer at Jeito Capital, added:
    “As approximately one in six people worldwide will face infertility issues, we are proud to support ReproNovo, whose commitment to advancing novel therapies in reproductive health aligns well with our focus on accelerating cutting-edge technologies and the commercialization of treatments with transformative benefits for patients. We are highly impressed by the ReproNovo team, whose members have a strong track record in this field, having brought a number of compounds successfully through clinical development and onto the market. Their deep understanding of the field will enable them to effectively address critical unmet needs that have a strong impact on society.”

    Jean Marie Duvall, Co-founder and CEO of ReproNovo, concluded:
    “We are focused on innovative therapeutic solutions for male and female infertility and pioneering management options for conditions like adenomyosis. Our aim is to address critical gaps in the landscape of infertility and women’s health worldwide. We are thrilled to announce the successful closing of our $65 million Series A funding round with this strong, sector specialized group of investors, marking a significant milestone in our journey to becoming a leading reproductive medicine and women’s health company.”

    About Jeito Capital
    Jeito Capital is a global leading Private Equity fund with a patient benefit driven approach that finances and accelerates the development and growth of ground-breaking medical innovation. Jeito empowers and supports managers through its expert, integrated, multi-talented team and through the investment of significant capital to ensure the growth of companies, building market leaders in their respective therapeutic areas with accelerated patients’ access globally, especially in Europe and the United States. Jeito has built a diversified portfolio of clinical biopharmas with cutting-edge innovations addressing high unmet needs. Jeito Capital is based in Paris with a presence in Europe and the United States.
    For more information, please visit www.jeito.life or follow us on LinkedIn.

    About ReproNovo

    ReproNovo is a cutting-edge biopharmaceutical company identifying and developing innovative solutions to address critical gaps in reproductive medicine and women’s health. Our team is composed of proven experts with deep experience in reproductive medicine, drug development, regulatory affairs and business development who have throughout their careers successfully brought multiple therapies to market. Lead clinical compound, RPN-001 (leflutrozole), is initially being developed to treat male infertility. RPN-002 (nolasiban) is a first-in-disease and first-in-class molecular entity to manage adenomyosis and increase the probability of embryo implantation in women undergoing assisted reproductive technology (ART) treatments. Both assets are Phase 2 ready. ReproNovo is financed by Jeito Capital, AXA IM Alts, founding investor M Ventures, Ysios Capital and ALSA Ventures. Headquartered in Lausanne, Switzerland, the company has its primary development team in Copenhagen, Denmark, and an additional development site in Barcelona, Spain. For more information, visit the Company’s website at www.repronovo.com.

    Contacts:

    Jeito Capital                                        
    Rafaèle Tordjman, Founder & CEO
    Jessica Fadel, EA
    Tel: +33 6 33 44 25 47

    Maior                                                ICR Healthcare
    Stéphanie Elbaz                                Mary-Jane Elliott / Davide Salvi / Kris Lam
    Tel: +33 6 46 05 08 07                        Jeito@icrhealthcare.com
    Tel: +44 (0) 20 3709 5700

                                                    Sean Leous
                                                    sean.leous@icrhealthcare.com  
    Tel: +1 (646) 866 4012


    1EUR/USD exchange rate: 1 EUR = 1.1343 USD date May 5, 2025 (source: Banque de France)
    2Temporal trends in sperm count: a systematic review and meta-regression analysis of samples collected globally in the 20th and 21st centuries. Human Reproduction Update. 2022; https://doi.org/10.1093/humupd/dmac035
    3Alson S, et al. Prevalence of adenomyosis features in women scheduled for assisted reproductive treatment, using the Morphological Uterus Sonographic Assessment (MUSA) group definitions. Acta Obstet Gynecol Scand. 2024;103:1142–1152.
    4 Fortune “The global ‘spermpocalypse’ proves infertility is no longer just a women’s problem, says male fertility CEO” (May 2024)

    The MIL Network

  • MIL-OSI: Wix Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    • Strong start to year with Q1’25 total bookings of $511 million, up 12% y/y, with very robust top of funnel demand in the quarter and new cohort strength continuing through April and early May
    • Q1’25 total revenue of $474 million exceeded expectations, up 13% y/y, driven by accelerating Self Creators growth accompanied by solid Partners momentum as Studio adoption continued to ramp healthily
    • Launched Wixel, a new standalone AI-powered visual design platform that brings the most advanced creative tools into a single intuitive interface and puts complete visual editing control into the hands of everyone – marking Wix’s milestone foray into creation beyond websites
    • Achieved FCF margin of 30% in Q1’25 as we continued to maintain a resilient operating cost structure amidst robust top-line performance
    • Increased share repurchase board authorization to a total of $400 million under current program

    NEW YORK — Wix.com Ltd. (Nasdaq: WIX) (the “Company”), the leading SaaS website builder platform1, today reported financial results for the first quarter of 2025. In addition, the Company provided its outlook for the second quarter and an updated outlook for full year 2025. Please visit the Wix Investor Relations website at https://investors.wix.com to view the Q1’25 Shareholder Update and other materials.

    “This year we are setting out to reimagine and expand the online creation experience and have set the bar high with the milestone release of Wixel, which I believe will democratize digital creation,” said Avishai Abrahami, Wix Co-founder and CEO. “We have been transforming web development since 2006 and are now organically extending our user-first design expertise, AI leadership and focus on accessibility to beyond websites. What you see today is the first version of our standalone next-gen visual design platform, representing the culmination of years of development in advanced design and AI and unifying the best models, intuitive UI, and powerful high-end features into one cohesive platform. Importantly, with Wixel, anyone, regardless of skill level, can now create beautiful visuals with just a few clicks. We have an ambitious roadmap for Wixel ahead and I’m excited to see how Wixel starts to reshape the design world.”

    Lior Shemesh, CFO at Wix, added, “Our strong first quarter results demonstrate the critical value of the Wix platform to anyone and everyone requiring an online presence globally amid an ever evolving macro environment, particularly SMBs. Top of funnel demand was very strong with Q1’25 new user cohort bookings finishing 12% higher than the bookings generated by the Q1’24 cohort in its first quarter. This acceleration in new cohort growth was almost entirely driven by better fundamentals, particularly an increased number of users, as well as product innovation. Encouragingly, these strong cohort trends have continued through April and early May, bolstering confidence in 2H bookings and revenue growth acceleration as additional cohorts layer on through the year. As a result of this new cohort strength and healthy existing user behavior, bookings grew a solid 12% y/y and revenue growth of 13% y/y finished above expectations in Q1. Durability was broad based across our segments with our Partners business delivering 24% y/y revenue growth, fueled by ongoing market share gains driven by Studio, as well as another consecutive quarter of Self Creators growth acceleration as AI continued to remove friction for more users in the website creation journey.”

    Q1 2025 Financial Results

    • Total revenue in the first quarter of 2025 was $473.7 million, up 13% y/y
    • Creative Subscriptions revenue in the first quarter of 2025 was $337.7 million, up 11% y/y
      • Creative Subscriptions ARR increased to $1.373 billion as of the end of the quarter, up 10% y/y
    • Business Solutions revenue in the first quarter of 2025 was $136.0 million, up 18% y/y
      • Transaction revenue2 was $58.9 million, up 19% y/y
    • Partners revenue3 in the first quarter of 2025 was $171.6 million, up 24% y/y
    • Total bookings in the first quarter of 2025 were $510.9 million, up 12% y/y
      • Creative Subscriptions bookings in the first quarter of 2025 were $369.5 million, up 10% y/y
      • Business Solutions bookings in the first quarter of 2025 were $141.4 million, up 15% y/y
    • Total gross margin on a GAAP basis in the first quarter of 2025 was 68%
      • Creative Subscriptions gross margin on a GAAP basis was 83%
      • Business Solutions gross margin on a GAAP basis was 30%
    • Total non-GAAP gross margin in the first quarter of 2025 was 69%
      • Creative Subscriptions gross margin on a non-GAAP basis was 84%
      • Business Solutions gross margin on a non-GAAP basis was 31%
    • GAAP net income in the first quarter of 2025 was $33.8 million, or $0.61 per basic share and $0.57 per diluted share
    • Non-GAAP net income in the first quarter of 2025 was $93.9 million, or $1.69 per basic share and $1.55 per diluted share
    • Net cash provided by operating activities for the first quarter of 2025 was $145.5 million, while capital expenditures totaled $3.1 million, leading to free cash flow of $142.4 million
    • In January, we completed $200 million of share repurchases, repurchasing 868,026 Wix ordinary shares in total at an approximate volume-weighted average price per share of $230.41
    • Total employee count at the end of Q1’25 was 5,275

    Increase to Share Repurchase Program

    Wix’s Board of Directors has authorized an increase to its program to repurchase the Company’s securities (ordinary shares and/or convertible notes) by an additional amount of up to $200 million, on top of the $200 million previously approved by the Board on February 26th, 2025 (which has not been used to date). This approval brings the repurchase authorization under the program to a total amount of up to $400 million.

    ____________________
    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of Q3 2024.
    2 Transaction revenue is a portion of Business Solutions revenue, and we define transaction revenue as all revenue generated through transaction facilitation, primarily from Wix Payments, as well as Wix POS, shipping solutions and multi-channel commerce and gift card solutions.
    3 Partners revenue is defined as revenue generated through agencies and freelancers that build sites or applications for other users (“Agencies”) as well as revenue generated through B2B partnerships, such as LegalZoom or Vistaprint (“Resellers”). We identify Agencies using multiple criteria, including but not limited to, the number of sites built, participation in the Wix Partner Program and/or the Wix Marketplace or Wix products used (incl. Wix Studio). Partners revenue includes revenue from both the Creative Subscriptions and Business Solutions businesses.

    Financial Outlook

    Healthy first quarter results demonstrate impactful product innovation and disciplined execution of our key growth initiatives, including Studio, AI and our focus empowering Self Creators. Notably, new cohort strength remains robust through April and early May against a dynamic macro backdrop. We expect new cohort strength to continue and drive top-line growth acceleration in 2H as additional cohorts layer on throughout the year.

    While we are encouraged by our strong Q1 results and robust top of funnel, we are maintaining full year bookings outlook of $2,025 – 2,060 million, up 11-13% y/y. This reflects conservatism due to macro uncertainty, specifically in our Business Solutions segment, with potential volatility offset by fully dissipating FX headwinds.

    With these same considerations, we are also maintaining our full year revenue outlook of $1,970 – 2,000 million, up 12-14% y/y.

    We expect total revenue in Q2 2025 to be $485 – 489 million, up 11-12% y/y.

    For the full year 2025, we continue to expect non-GAAP total gross margin of ~70% and non-GAAP operating expenses to be 47-48% of revenue for the full year.

    We continue to expect to generate free cash flow of $590 – 610 million, or ~30-31% of revenue.

    As a result, we remain on track to achieve Rule of 45 in 2025 at the high end of our outlook.

    Conference Call and Webcast Information

    Wix will host a conference call to discuss the results at 8:30 a.m. ET on Wednesday, May 21st, 2025. A live and archived webcast of the conference call will be accessible from the “Investor Relations” section of the Company’s website at https://investors.wix.com/.

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients.

    For more about Wix, please visit our Press Room
    Media Relations Contact: PR@wix.com

    Share Repurchase Program

    Under the Board authorized repurchase program, Company securities may be repurchased from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or otherwise, all in accordance with U.S. securities laws and regulations, including Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company may also, from time to time, enter into plans that are compliant with Rule 10b5-1 of the Exchange Act to facilitate repurchases of its securities under this Board authorization. The repurchase program does not obligate the Company to acquire any particular amount of securities, and the repurchase program may be suspended or discontinued at any time at the Company’s discretion. Repurchases under the repurchase program may begin after conclusion of the 30-day period for creditors of the Company to object to the Company’s intent to perform the distribution by way of repurchase in accordance with the Israeli Companies Regulations (Relief for Public Companies Whose Securities are Traded on Stock Exchanges Outside of Israel), 5760-2000 and the Israeli Regulations (Approval of Distribution), 5761–2001. The actual timing, number and value of securities repurchased depend on a number of factors, including the market price of the Company’s ordinary shares, general market and economic conditions, any objections received by the Company from its creditors, the Company’s financial results and liquidity, and other considerations. The Company expects to fund repurchases with cash on hand and future cash generated from its operations.

    Non-GAAP Financial Measures and Key Operating Metrics

    To supplement its consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, Wix uses the following non-GAAP financial measures: bookings, cumulative cohort bookings, bookings on a constant currency basis, revenue on a constant currency basis, non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, free cash flow, free cash flow on a constant currency basis, free cash flow, as adjusted, free cash flow margins, non-GAAP R&D expenses, non-GAAP S&M expenses, non-GAAP G&A expenses, non-GAAP operating expenses, non-GAAP cost of revenue expense, non-GAAP financial expense, non-GAAP tax expense (collectively the “Non-GAAP financial measures”). Measures presented on a constant currency or foreign exchange neutral basis have been adjusted to exclude the effect of y/y changes in foreign currency exchange rate fluctuations. Bookings is a non-GAAP financial measure calculated by adding the change in deferred revenues and the change in unbilled contractual obligations for a particular period to revenues for the same period. Bookings include cash receipts for premium subscriptions purchased by users as well as cash we collect from business solutions, as well as payments due to us under the terms of contractual agreements for which we may have not yet received payment. Cash receipts for premium subscriptions are deferred and recognized as revenues over the terms of the subscriptions. Cash receipts for payments and the majority of the additional products and services (other than Google Workspace) are recognized as revenues upon receipt. Committed payments are recognized as revenue as we fulfill our obligation under the terms of the contractual agreement. Bookings and Creative Subscriptions Bookings are also presented on a further non-GAAP basis by excluding, in each case, bookings associated with long term B2B partnership agreements. Non-GAAP gross margin represents gross profit calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization, divided by revenue. Non-GAAP operating income (loss) represents operating income (loss) calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, amortization, acquisition-related expenses and sales tax expense accrual and other G&A expenses (income). Non-GAAP net income (loss) represents net loss calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, amortization, sales tax expense accrual and other G&A expenses (income), amortization of debt discount and debt issuance costs and acquisition-related expenses and non-operating foreign exchange expenses (income). Non-GAAP net income (loss) per share represents non-GAAP net income (loss) divided by the weighted average number of shares used in computing GAAP loss per share. Free cash flow represents net cash provided by (used in) operating activities less capital expenditures. Free cash flow, as adjusted, represents free cash flow further adjusted to exclude one-time cash restructuring charges and the capital expenditures and other expenses associated with the buildout of our new corporate headquarters. Free cash flow margins represent free cash flow divided by revenue. Non-GAAP cost of revenue represents cost of revenue calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP R&D expenses represent R&D expenses calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP S&M expenses represent S&M expenses calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP G&A expenses represent G&A expenses calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP operating expenses represent operating expenses calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP financial expense represents financial expense calculated in accordance with GAAP as adjusted for unrealized gains of equity investments, amortization of debt discount and debt issuance costs and non-operating foreign exchange expenses. Non-GAAP tax expense represents tax expense calculated in accordance with GAAP as adjusted for provisions for income tax effects related to non-GAAP adjustments.

    The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. The Company uses these non-GAAP financial measures for financial and operational decision making and as a means to evaluate period-to-period comparisons. The Company believes that these measures provide useful information about operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making.

    For more information on the non-GAAP financial measures, please see the reconciliation tables provided below. The accompanying tables have more details on the GAAP financial measures that are most directly comparable to non-GAAP financial measures and the related reconciliations between these financial measures. The Company is unable to provide reconciliations of free cash flow, free cash flow margin, free cash flow, as adjusted, bookings, cumulative cohort bookings, non-GAAP gross margin, non-GAAP operating expenses, and non-GAAP tax expense to their most directly comparable GAAP financial measures on a forward-looking basis without unreasonable effort because items that impact those GAAP financial measures are out of the Company’s control and/or cannot be reasonably predicted. Such information may have a significant, and potentially unpredictable, impact on our future financial results.

    Wix also uses Creative Subscriptions Annualized Recurring Revenue (ARR) as a key operating metric. Creative Subscriptions ARR is calculated as Creative Subscriptions Monthly Recurring Revenue (MRR) multiplied by 12. Creative Subscriptions MRR is calculated as the total of (i) the total monthly revenue of all Creative Subscriptions in effect on the last day of the period, other than domain registrations; (ii) the average revenue per month from domain registrations multiplied by all registered domains in effect on the last day of the period; and (iii) monthly revenue from other partnership agreements including enterprise partners.

    Forward-Looking Statements

    This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may include projections regarding our future performance, including, but not limited to revenue, bookings and free cash flow, and may be identified by words like “anticipate,” “assume,” “believe,” “aim,” “forecast,” “indication,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “subject”, “project,” “outlook,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this document, including the quarterly and annual guidance, are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our ability to attract and retain registered users and partners, and generate new premium subscriptions and additional business solutions as we continuously adjust our marketing strategy and customer care; maintenance of our brand and reputation, and generation of revenue from sources other than premium subscriptions; risks associated with international operations and the use of platform in various countries; risks related to the macroeconomic environment and ongoing global conflicts; security risks and payment risks and fluctuations in foreign currency exchange rates; failures of third-party hardware, software and infrastructure on which we rely, or failure to manage the operation of our infrastructure; adverse market conditions, including inflation, interest rates and other adverse developments that may adversely affect our cash balances and investment portfolio; our history of operating losses and inability to achieve sustained profitability; downturns or upturns in sales are not immediately reflected in full in our operating results; our ability to repurchase our ordinary shares and/or 0.00% Convertible Senior Notes due 2025 pursuant to our repurchase program; our ability to raise capital when needed or on acceptable terms; risks related to acquisitions and investments, pricing decisions, pandemics, natural disasters and other catastrophic events; our ability to develop and introduce new products and services, as well as maintain third-party products and are ability to keep up with rapid changes in design and technology; our ability to attract and retain qualified employees and key personnel; our ability to attract a diversified customer base and increased competition; our ability to maintain compatibility of our platform and solutions with changes in third-party applications and changes to technologies used in our solutions; our ability to acquire and service small business users; risks related to security breaches and unauthorized access to data, cyberattacks; our expectation regarding the uncertain future relationship between the United States and other countries with respect to trade policies, taxes, government regulations, and tariffs; our ability to comply with the regulations applicable to our operations, including new governmental regulations regarding the internet, consumer protection, artificial intelligence (“AI”), privacy and data protection laws and regulations, as well as contractual privacy and data protection obligations; risks relating to intellectual property, including infringements, litigation and claims, and our ability to maintain and protect our intellectual property rights and proprietary information; our expectations regarding the outcome of any regulatory investigation or litigation, including class actions; risks related to the development and integration of AI, generative AI, agentic AI, machine learning, and similar tools into our offerings, and comply with the regulatory environment impacting AI and AI-related activities; risks related to activities of registered users or content of their websites, and risks related to domain names and industry regulations; risks related to compliance with laws and regulations, including those related to economic sanctions, tariffs, export controls, anti-corruption and anti-money laundering, anti-trust, and consumer protection, and changes in these laws and regulations; risks related to tax, including application of indirect taxes, tax laws, changes in tax laws or changes in provision for income tax and examination of income tax returns; risks related to ordinary shares, activist shareholders, and our status as a foreign private issuer; risks related to our incorporation and location in Israel, including conflicts in the area; our expectations regarding future changes in our cost of revenues and our operating expenses on an absolute basis and as a percentage of our revenues; our planned level of capital expenditures and our belief that our existing cash and cash from operations will be sufficient to fund our operations for at least the next 12 months and for the foreseeable future; and our ability to enter into new markets and attracting new customer demographics, including our ability to successfully attract new partners and large enterprise-level users and to grow our activities, including through the adoption of our Wix Studio product, with these customer types as anticipated and other factors discussed under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the year ended December 31, 2024 filed with the Securities and Exchange Commission on March 21, 2025. The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

     
    Wix.com Ltd.
    CONSOLIDATED STATEMENTS OF OPERATIONS – GAAP
    (In thousands, except loss per share data)
           
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Revenues      
    Creative Subscriptions $ 337,676     $ 304,293  
    Business Solutions   135,975       115,483  
        473,651       419,776  
           
    Cost of Revenues      
    Creative Subscriptions   56,067       54,803  
    Business Solutions   95,725       82,494  
        151,792       137,297  
           
    Gross Profit   321,859       282,479  
           
    Operating expenses:      
    Research and development   127,497       124,245  
    Selling and marketing   111,563       107,234  
    General and administrative   45,394       41,330  
    Total operating expenses   284,454       272,809  
    Operating income   37,405       9,670  
    Financial income, net   5,832       18,884  
    Other income, net   64       211  
                   
    Income before taxes on income   43,301       28,765  
    Income tax expenses   9,535       4,763  
    Net income $ 33,766     $ 24,002  
           
    Basic net income per share $ 0.61     $ 0.43  
                   
    Basic weighted-average shares used to compute net income per share   55,708,670       56,098,997  
           
    Diluted net income per share $ 0.57     $ 0.41  
                   
    Diluted weighted-average shares used to compute net income per share   60,384,510       58,647,238  
           
    Wix.com Ltd. 
    CONDENSED CONSOLIDATED BALANCE SHEETS 
    (In thousands) 
           
      Period ended
      March 31,   December 31,
        2025       2024  
    Assets (unaudited)   (audited)
    Current Assets:      
    Cash and cash equivalents $ 653,276     $ 660,939  
    Short-term deposits   112,078       106,844  
    Restricted deposits   793       773  
    Marketable securities   304,555       338,593  
    Trade receivables   47,328       44,674  
    Prepaid expenses and other current assets   59,132       128,577  
     Total current assets   1,177,162       1,280,400  
           
    Long-Term Assets:      
    Prepaid expenses and other long-term assets   31,343       27,021  
    Property and equipment, net   125,450       128,155  
    Marketable securities   6,183       6,135  
    Intangible assets, net   20,680       22,141  
    Goodwill   49,329       49,329  
    Operating lease right-of-use assets   395,513       399,861  
     Total long-term assets   628,498       632,642  
           
     Total assets $ 1,805,660     $ 1,913,042  
           
    Liabilities and Shareholders’ Deficiency      
    Current Liabilities:      
    Trade payables $ 38,032     $ 47,077  
    Employees and payroll accruals   78,983       143,131  
    Deferred revenues   698,343       661,171  
    Current portion of convertible notes, net   573,674       572,880  
    Accrued expenses and other current liabilities   79,546       63,246  
    Operating lease liabilities   29,369       27,907  
    Total current liabilities   1,497,947       1,515,412  
    Long Term Liabilities:      
    Deferred revenues   96,461       89,271  
    Deferred tax liability   1,066       1,965  
    Other long-term liabilities   19,414       16,021  
    Operating lease liabilities   359,389       369,159  
    Total long-term liabilities   476,330       476,416  
           
     Total liabilities   1,974,277       1,991,828  
           
    Shareholders’ Deficiency      
    Ordinary shares   107       107  
    Additional paid-in capital   1,923,576       1,840,574  
    Treasury shares   (1,225,165 )     (1,025,167 )
    Accumulated other comprehensive loss   641       7,242  
    Accumulated deficit   (867,776 )     (901,542 )
    Total shareholders’ deficiency   (168,617 )     (78,786 )
           
    Total liabilities and shareholders’ deficiency $ 1,805,660     $ 1,913,042  
           
    Wix.com Ltd.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (In thousands)
           
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    OPERATING ACTIVITIES:      
    Net income $ 33,766     $ 24,002  
    Adjustments to reconcile net loss to net cash provided by operating activities:      
    Depreciation   6,137       6,442  
    Amortization   1,461       1,483  
    Share based compensation expenses   60,261       58,142  
                   
    Amortization of debt discount and debt issuance costs   794       790  
    Changes in accrued interest and exchange rate on short term and long term deposits   (224 )     880  
    Amortization of premium and discount and accrued interest on marketable securities, net   3,557       597  
                   
    Remeasurement loss (gain) on Marketable equity         (3,367 )
    Changes in deferred income taxes, net   1       (5,011 )
    Changes in operating lease right-of-use assets   4,803       5,024  
    Changes in operating lease liabilities   (8,763 )     (3,652 )
    Loss (gain) on foreign exchange, net   (2,006 )     553  
    Decrease (increase) in trade receivables   (2,654 )     1,119  
    Decrease (increase) in prepaid expenses and other current and long-term assets   58,289       (12,568 )
    Decrease in trade payables   (9,338 )     (2,123 )
                   
    Decrease in employees and payroll accruals   (64,148 )     (2,429 )
                   
    Increase in short term and long term deferred revenues   44,362       41,319  
                   
    Increase in accrued expenses and other current liabilities   19,193       2,635  
                   
    Net cash provided by operating activities $ 145,491       113,836  
    INVESTING ACTIVITIES:      
                   
    Proceeds from short-term deposits and restricted deposits   107,780       823  
                   
    Investment in short-term deposits and restricted deposits   (112,810 )     (30,162 )
    Investment in marketable securities   (27,693 )     (27,847 )
    Proceeds from marketable securities   58,292       52,805  
                   
    Purchase of property and equipment and lease prepayment   (2,629 )     (7,715 )
    Capitalization of internal use of software   (421 )     (410 )
    Proceeds from sale of equity securities         22,148  
    Proceed from realization of investments in privately held companies   417        
                   
    Purchases of investments in privately held companies   (750 )     (550 )
                   
    Net cash provided by investing activities $ 22,186       9,092  
    FINANCING ACTIVITIES:      
                   
    Proceeds from exercise of options and ESPP shares   22,654       22,628  
    Purchase of treasury stock   (200,000 )     (241,302 )
                   
    Net cash used in financing activities $ (177,346 )     (218,674 )
    Effect of exchange rates on cash, cash equivalent and restricted cash   2,006       (553 )
                   
    DECREASE IN CASH AND CASH EQUIVALENTS   (7,663 )     (96,299 )
                   
    CASH AND CASH EQUIVALENTS—Beginning of period   660,939       609,622  
    CASH AND CASH EQUIVALENTS—End of period $ 653,276     $ 513,323  
           
    Wix.com Ltd.
    KEY PERFORMANCE METRICS
    (In thousands)
         
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Creative Subscriptions   337,676       304,293  
    Business Solutions   135,975       115,483  
    Total Revenues $ 473,651     $ 419,776  
           
    Creative Subscriptions   369,469       334,637  
    Business Solutions   141,436       122,644  
    Total Bookings $ 510,905     $ 457,281  
           
    Free Cash Flow $ 142,441     $ 105,711  
                   
    Free Cash Flow excluding HQ build out $ 142,441     $ 111,073  
    Creative Subscriptions ARR   1,372,670     $ 1,244,264  
           
           
     
    Wix.com Ltd.
    RECONCILIATION OF REVENUES TO BOOKINGS
    (In thousands)
         
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Revenues $ 473,651     $ 419,776  
    Change in deferred revenues   44,362       41,319  
    Change in unbilled contractual obligations   (7,108 )     (3,814 )
    Bookings $ 510,905     $ 457,281  
           
    Y/Y growth   12 %    
           
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Creative Subscriptions Revenues $ 337,676     $ 304,293  
    Change in deferred revenues   38,901       34,158  
    Change in unbilled contractual obligations   (7,108 )     (3,814 )
    Creative Subscriptions Bookings $ 369,469     $ 334,637  
           
    Y/Y growth   10 %    
           
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Business Solutions Revenues $ 135,975     $ 115,483  
    Change in deferred revenues   5,461       7,161  
    Business Solutions Bookings $ 141,436     $ 122,644  
           
    Y/Y growth   15 %    
     
     
     
    Wix.com Ltd.
    RECONCILIATION OF COHORT BOOKINGS
    (In millions)
      Three Months Ended
      March 31,
        2025       2024  
           
    Q1 Cohort revenues   9     $ 9  
    Q1 Change in deferred revenues   27       23  
    Q1 Cohort Bookings $ 36     $ 32  
           
           
     
    Wix.com Ltd.
    RECONCILIATION OF REVENUES AND BOOKINGS EXCLUDING FX IMPACT
    (In thousands)
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Revenues $ 473,651     $ 419,776  
    FX impact on Q1/25 using Y/Y rates   4,225        
    Revenues excluding FX impact $ 477,876     $ 419,776  
    Y/Y growth   14 %    
           
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Bookings $ 510,905     $ 457,281  
    FX impact on Q1/25 using Y/Y rates   7,775        
    Bookings excluding FX impact $ 518,680     $ 457,281  
    Y/Y growth   13 %    
           
           
           
    Wix.com Ltd.
    TOTAL ADJUSTMENTS GAAP TO NON-GAAP
    (In thousands)
           
      Three Months Ended
      March 31,
        2025       2024  
    (1) Share based compensation expenses: (unaudited)
    Cost of revenues $ 3,320     $ 3,590  
    Research and development   31,491       31,102  
    Selling and marketing   9,177       10,483  
    General and administrative   16,273       12,967  
    Total share based compensation expenses   60,261       58,142  
    (2) Amortization   1,472       1,483  
    (3) Acquisition related expenses         5  
    (4) Amortization of debt discount and debt issuance costs   794       790  
    (5) Sales tax accrual and other G&A expenses   699       121  
    (6) Unrealized loss (gain) on equity and other investments   (42 )     (3,367 )
    (7) Non-operating foreign exchange income   (3,079 )     (4,663 )
    (8) Provision for income tax effects related to non-GAAP adjustments         774  
    Total adjustments of GAAP to Non GAAP $ 60,105     $ 53,285  
           
           
           
    Wix.com Ltd.
    RECONCILIATION OF GAAP TO NON-GAAP GROSS PROFIT
    (In thousands)
           
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Gross Profit $ 321,859     $ 282,479  
    Share based compensation expenses   3,320       3,590  
    Amortization   667       667  
    Non GAAP Gross Profit   325,846       286,736  
           
    Non GAAP Gross margin   69 %     68 %
           
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Gross Profit – Creative Subscriptions $ 281,609     $ 249,490  
    Share based compensation expenses   2,367       2,669  
    Non GAAP Gross Profit – Creative Subscriptions   283,976       252,159  
           
    Non GAAP Gross margin – Creative Subscriptions   84 %     83 %
           
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Gross Profit – Business Solutions $ 40,250     $ 32,989  
    Share based compensation expenses   953       921  
    Amortization   667       667  
    Non GAAP Gross Profit – Business Solutions   41,870       34,577  
           
    Non GAAP Gross margin – Business Solutions   31 %     30 %
           
           
           
    Wix.com Ltd.
    RECONCILIATION OF OPERATING INCOME TO NON-GAAP OPERATING INCOME
    (In thousands)
         
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Operating income $ 37,405     $ 9,670  
    Adjustments:      
    Share based compensation expenses   60,261       58,142  
    Amortization   1,472       1,483  
    Sales tax accrual and other G&A expenses   699       121  
    Acquisition related expenses         5  
    Total adjustments $ 62,432     $ 59,751  
           
    Non GAAP operating income $ 99,837     $ 69,421  
           
    Non GAAP operating margin   21 %     17 %
           
           
     
    Wix.com Ltd.
    RECONCILIATION OF NET INCOME TO NON-GAAP NET INCOME AND NON-GAAP NET INCOME PER SHARE
    (In thousands, except per share data)
         
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Net income $ 33,766     $ 24,002  
    Share based compensation expenses and other Non GAAP adjustments   60,105       53,285  
    Non-GAAP net income $ 93,871     $ 77,287  
           
                   
    Basic Non GAAP net income per share $ 1.69     $ 1.38  
                   
    Weighted average shares used in computing basic Non GAAP net income per share   55,708,670       56,098,997  
           
    Diluted Non GAAP net income per share $ 1.55     $ 1.29  
                   
    Weighted average shares used in computing diluted Non GAAP net income per share   60,384,510       60,073,986  
           
           
           
    Wix.com Ltd.
    RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW
    (In thousands)
         
      Three Months Ended
      March 31,
        2025       2024  
      (unaudited)
    Net cash provided by operating activities $ 145,491     $ 113,836  
    Capital expenditures, net   (3,050 )     (8,125 )
    Free Cash Flow $ 142,441     $ 105,711  
           
           
    Capex related to HQ build out         5,362  
                   
    Free Cash Flow excluding HQ build out $ 142,441     $ 111,073  

    The MIL Network

  • MIL-OSI Video: The Golden Dome Missile Defense Shield

    Source: United States of America – The White House (video statements)

    President Trump announced the Golden Dome missile defense shield to protect the homeland from advanced missile threats.

    Included in the One, Big, Beautiful Bill, this project aims to ensure American security. Congress must pass the bill and send it to the President’s desk.

    https://www.youtube.com/watch?v=-xWxN_qObfI

    MIL OSI Video

  • MIL-OSI Video: Lethality EXPLAINED

    Source: US Army (video statements)

    About the U.S. Army:

    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #Shorts #Army

    https://www.youtube.com/watch?v=Sm10QrBFwlQ

    MIL OSI Video

  • MIL-OSI USA: Tuberville Introduces Legislation to Help Cattlemen Defend Livestock from Vultures

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) joined Senator Markwayne Mullin (R-OK) and Eric Schmitt (R-MO) to reintroduce the Black Vulture Relief Act to allow farmers and producers to protect their newborn livestock from black vultures without burdensome government interference. The legislation would remove the current requirement that farmers and cattlemen first obtain a sub-permit before shooting vultures.  Vultures are protected under the Migratory Bird Treaty Act of 1918 (MBTA)—meaning permission from U.S. Fish and Wildlife Service is needed to remove them, despite growing population numbers. Currently, Alabama cattlemen who receive sub-permits can only shoot up to three black vultures until the state’s total 500 bird limit is reached—even though attacks routinely come from more than 20 vultures at a time. It’s estimated that cattlemen lose an average of $2,000 per calf lost.
    “Alabama’s cattlemen work hard to feed our communities and shouldn’t have to jump through a bunch of hoops just to protect their herds,” said Senator Tuberville. “Adjusting these sub-permit requirements that are based on outdated data is just one more commonsense way we can support our cattlemen and help them keep more of their hard-earned dollars. I’ll continue using the feedback from Alabama’s agriculture community to guide my work here in D.C.”
    BACKGROUND:
    Over the past several decades, black vultures’ expanding population has led to an additional burdensome and costly strain on livestock producers due to increased livestock depredation by these birds. Black vultures are most prevalent in the Southeast and Midwest but have been spotted as far north as New York and Michigan and as far west as Arizona. Black vultures, often in flocks of more than 20 , brutally attack and eat newborn calves, lambs, goat kids, and piglets. These attacks are gruesome, lasting an average of 3.5 hours as the vultures eat the animal alive. They will also attack/injure female adults during or after birth when they are more vulnerable. In 2015, vultures caused 24,600 calf deaths, accounting for 10% of all calf deaths due to predators.
    Vultures were the third leading cause of calf deaths due to predators, only behind coyotes and unknown predators. This number has undoubtedly increased in recent years as black vulture populations have increased. According to the U.S. Geological Survey’s Breeding Bird Survey, the black vulture population has increased by approximately 468% since 1990. In 2016, the North American Bird Conservation Initiative rated black vultures as a species of lowest conservation concern, indicating “a widespread, relatively secure species.” Despite the bird’s robust population, the black vulture is protected under the Migratory Bird Treaty Act of 1918 (MBTA) making it illegal to take one without obtaining a depredation permit. For black vultures, FWS issues master permits to states who then issue sub-permits to ranchers.
    Sub-permittees are limited to 3-10 black vulture takes annually, depending on the state. This take limit is the main roadblock that farmers and ranchers face to protect their livestock. From 2015-2019, requests to FWS for depredation permits for take of black vultures increased by 26%. Black vulture cattle depredation has been confirmed in 18 states and is expected to grow due to the bird’s expanding population range from the southeastern and midwestern regions toward the north.
    MORE:
    Tuberville, Cotton Take Action to Allow Farmers to Protect Catfish from Predatory Birds
    Tuberville, Cruz Introduce Legislation to Protect American Fishermen from Cartels
    Tuberville, Crapo Introduce Legislation to Level Playing Field for Alabama Sporting Equipment Businesses
    Tuberville, Cornyn Introduce Bill to Help Farmers Impacted by Feral Swine
    Tuberville Introduces Legislation to Support Domestic Beekeepers and Honey Producers
    Tuberville Introduces Bill To Put American Farmers and Producers First
    Tuberville, Daines Fight for Outdoorsmen Across the Country
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News

  • Fundamentally Flawed: Nvidia CEO Huang on U.S. Export Policy Fueling China’s Own Chip Development

    Source: Government of India

    Source: Government of India (4)

    U.S. export controls on artificial intelligence chips to China were “a failure,” Nvidia Chief Executive Jensen Huang said on Wednesday.

    “All in all, the export control was a failure,” Huang said, adding, “The fundamental assumptions that led to the AI diffusion rule in the beginning, in the first place, have been proven to be fundamentally flawed.”

    The U.S. block on sales of advanced AI chips to China has forced companies there to buy semiconductors from Chinese designers such as Huawei, while also spurring China to invest aggressively to develop a supply chain that doesn’t rely on manufacturers outside the country.

    Huang’s comments came after China on Monday urged the United States to “immediately correct its wrongdoings” and stop “discriminatory” measures following the U.S. guidance warning companies not to use advanced computer chips from China, including Huawei’s Ascend AI chips.

    The U.S. action seriously undermined consensus reached at the high-level bilateral trade talks in Geneva, a statement from China’s commerce ministry said, vowing resolute measures if the U.S. continues to “substantially” harm China’s interests.

    Huang, speaking at the annual Computex event in Taipei, said Nvidia’s market share in China dropped to 50% from 95% at the start of former U.S. President Joe Biden’s administration.

    (Reuters)

  • EU, Britain go ahead with new Russia sanctions without waiting for Trump

    Source: Government of India

    Source: Government of India (4)

    The EU and Britain announced new sanctions against Russia on Tuesday without waiting for Washington to join them, a day after President Donald Trump’s phone call with Vladimir Putin brought about neither a ceasefire in Ukraine nor fresh U.S. sanctions.

    London and Brussels said their new measures would zero in on Moscow’s “shadow fleet” of oil tankers and financial firms that have helped it avoid the impact of other sanctions imposed over the war.

    “Sanctions matter, and I am grateful to everyone who makes them more tangible for the perpetrators of the war,” Ukraine’s President Volodymyr Zelenskiy wrote on Telegram.

    He said it “would be good” if the United States added its help, adding: “It is important that America remain involved in the process of bringing peace closer.”

    The sanctions were unveiled without an immediate announcement of corresponding steps from Washington, despite intense public lobbying from European leaders for the Trump administration to join them if Russia rejected a ceasefire.

    “We have repeatedly made it clear that we expect one thing from Russia – an immediate ceasefire without preconditions,” German Foreign Minister Johann Wadephul said on the sidelines of a meeting with EU counterparts in Brussels.

    As Russia had not accepted a ceasefire, “we will have to react,” he said. “We also expect our U.S. allies not to tolerate this.”

    Trump told reporters on Tuesday he was deliberating over what actions to take, but gave no further details.

    “We’re looking at a lot of things, but we’ll see,” he said.

    In a two-hour conversation with Putin on Monday, the U.S. president dropped his earlier insistence on an unconditional 30-day ceasefire and signalled that the war he once promised to end in 24 hours was no longer his to fix – a message that leaves Ukraine vulnerable and its allies worried.

    Asked on Monday why he had not imposed fresh sanctions to push Moscow into a peace deal, Trump said that could make the situation worse and affect the chance of a deal, while adding: “But there could be a time where that’s going to happen.”

    Trump said after talking to Putin he had told Zelenskiy and European leaders that Russia and Ukraine would immediately start negotiations on conditions for a ceasefire, a process Russia said would take time.

    Russia and Ukraine held their first direct talks in more than three years on Friday at Trump’s behest, but failed to agree a truce after Moscow presented conditions that a member of the Ukrainian delegation called “non-starters”.

    POPE WILLING TO HOST TALKS

    Italian Prime Minister Giorgia Meloni said on Tuesday that Pope Leo had confirmed to her his willingness to host in the Vatican the next round of negotiations to try to end the war.

    U.S. Secretary of State Marco Rubio told a congressional hearing on Tuesday that Putin had not received any real concessions in the U.S. effort to initiate talks and existing U.S. sanctions on Russia remained in place.

    “The president … believes that right now, you start threatening sanctions, the Russians will stop talking, and there’s value in us being able to talk and drive them to get to the table. We’ll see,” Rubio said.

    Ukraine says it is ready for an immediate ceasefire. The Europeans say Russia’s insistence on talks first is proof that Putin, who started the war by invading his neighbour in 2022, is not prepared to end it.

    European Commission President Ursula von der Leyen said a further package of sanctions was being prepared.

    “It’s time to intensify the pressure on Russia to bring about the ceasefire,” she wrote on X.

    RUSSIA SAYS IT WILL NOT BOW TO ULTIMATUMS

    Russian Foreign Ministry spokeswoman Maria Zakharova said Russia would never bow to what she called ultimatums.

    Putin said on Monday that Moscow was ready to work with Ukraine on a memorandum about a future peace accord. “Now, accordingly, the ball is in Kyiv’s court,” Zakharova said.

    Brussels and London signalled they have not given up hope of persuading Washington.

    “Let us push Vladimir Putin to put an end to his imperialist fantasy,” France’s Foreign Minister Jean-Noel Barrot said.

    Britain’s Foreign Minister David Lammy said “delaying peace efforts will only redouble our resolve to help Ukraine to defend itself and use our sanctions to restrict Putin’s war machine”.

    The latest sanctions are aimed mainly at cracking down on a shipping fleet Russia uses to export oil, circumventing a $60 a barrel price cap imposed by the G7 group of industrialised countries to limit Russia’s income.

    Britain and the EU said they would also work to lower the cap, which imposes far less of a discount on Russian oil now that global prices have fallen this year.

    (Reuters)

  • MIL-OSI NGOs: Trump admin ends crucial NOAA disaster database

    Source: Greenpeace Statement –

    WASHINGTON, D.C. (May 8, 2025)—Today, the Trump administration announced it would shutter the “weather and climate disasters database,” a crucial tool built by the National Oceanic and Atmospheric Administration (NOAA) that helps the public track extreme weather events. Since 1980, the database has allowed the public to keep track of the costs related to these events. 

    In response, John Noël, Greenpeace USA Deputy Climate Program Director, said: “This is the next escalation in the administration’s all out war on climate action – and everyday people are the ones bearing the brunt. It begs the question: who benefits from not tracking the cost of disasters? 

    “Now, the administration and its cronies are going beyond denying the science to attempting to obscure the consequences. If the government stops tracking the costs of extreme weather events, it becomes easier for the fossil fuel industry and their political allies to deny or downplay climate impacts entirely. 

    “The ultimate goal is to shield oil and gas corporations from accountability for climate damages. But momentum is building nationwide to make polluters pay their fair share, as more states move forward with climate superfund bills and climate litigation. The Trump administration can “archive” this incredibly important data, but they cannot erase real pain and suffering felt by communities experiencing extreme weather events.” 


    Greenpeace USA is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country’s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at www.greenpeace.org/usa.

    MIL OSI NGO

  • MIL-OSI USA: 78 Combined Regional Measurement Assurance Program (C-RMAP)

    Source: US Government research organizations

    You will need a government-issued photo ID (e.g., passport or driver’s license) when you check into the Visitors Center at the entrance of NIST and if bringing a vehicle onto the NIST campus, a vehicle registration card.

    PLEASE NOTE: Effective July 21, 2014, under the REAL ID Act of 2005 (https://www.dhs.gov/real-id/real-id-frequently-asked-questions), agencies, including NIST, can only accept a state-issued driver’s license or identification card for access to federal facilities if issued by states that are REAL ID compliant or have an extension. NIST currently accepts other forms of federally issued identification in lieu of a state-issued driver’s license, such as a valid passport, passport card, DOD’s Common Access Card (CAC), Veterans ID, Federal Agency HSPD-12 IDs, Military Dependents ID, Transportation Workers Identification Credential (TWIC), and TSA Trusted Traveler ID. See Visitor Information for the latest information.

    MIL OSI USA News

  • MIL-OSI USA: 16th Annual NICE Conference and Expo

    Source: US Government research organizations

    The NICE Conference and Expo will take place June 1-3, 2025. Location to be announced. 


    This event is supported by the National Initiative for Cybersecurity Education (NICE), a program of the National Institute of Standards and Technology in the U.S. Department of Commerce, under NIST Financial Assistance Award #70NANB23H004.

    MIL OSI USA News

  • MIL-OSI: Cipher Mining Prices Convertible Senior Notes Offering and Hedging Transaction to Place Borrowed Common Stock

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced the pricing of its public offering of $150,000,000 aggregate principal amount of convertible senior notes due 2030 (the “notes”) in an offering registered under the Securities Act of 1933, as amended. The issuance and sale of the notes are scheduled to settle on May 22, 2025, subject to customary closing conditions. Cipher also granted the underwriters of the notes offering a 30-day option to purchase up to an additional $22,500,000 aggregate principal amount of notes solely to cover over-allotments. Morgan Stanley is acting as sole bookrunning manager for the offering. Keefe, Bruyette & Woods, A Stifel Company is acting as co-manager for the offering.

    The notes will be senior, unsecured obligations of Cipher, and will accrue interest at a rate of 1.75% per annum, payable semi-annually in arrears on May 15 and November 15 of each year, beginning on November 15, 2025. The notes will mature on May 15, 2030, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in certain circumstances and during specified periods. Cipher will settle conversions by paying or delivering, as applicable, cash, shares of its common stock, par value $0.001 per share (“common stock”), or a combination of cash and shares of its common stock, at Cipher’s election. The initial conversion rate is 224.9213 shares of common stock per $1,000 principal amount of notes, which represents an initial conversion price of approximately $4.45 per share of common stock. The initial conversion price represents a premium of approximately 30.00% over the $3.42 public offering price per share of common stock in the concurrent delta offering referred to below. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events.

    The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at Cipher’s option at any time, and from time to time, on or after May 22, 2028 and on or before the 30th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Cipher’s common stock exceeds 130% of the conversion price for a specified period of time. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

    If certain corporate events that constitute a “fundamental change” occur, then, subject to a limited exception, noteholders may require Cipher to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date. In addition, unless Cipher has previously called all outstanding notes for redemption, noteholders may at their option require Cipher to repurchase their notes for cash on May 15, 2028 at a repurchase price equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date.

    The net proceeds from the offering, before offering expenses, will be $145,875,000 (or $167,756,250 if the underwriters fully exercise their option to purchase additional notes), after deducting the underwriting discounts and commissions. Cipher intends to use the net proceeds from the offering to complete Phase 1 of the Black Pearl data center project (“Phase 1”), including: (i) purchasing at a discount the remaining balance of mining rigs required for Phase 1; (ii) paying expected tariffs and shipping costs for the mining rigs to be used for Phase 1; and (iii) paying other infrastructure-related capital expenditures in connection with Phase 1, and for general corporate purposes. On May 16, 2025, the Company, through its wholly-owned subsidiaries Cipher Mining Infrastructure LLC, a Delaware limited liability company, and Cipher Black Pearl LLC, a Delaware limited liability company, entered into an Amendment Agreement and Deed of Novation to the Future Sales and Purchase Agreement (the “2025 Amendment”) with Bitmain Technologies Delaware Limited, which amends the Company’s existing Future Sales and Purchase Agreement, dated December 16, 2023, as amended by the Supplemental Agreement, dated June 5, 2024, the Amendment Agreement, dated July 10, 2024 and the Notice of Exercise dated February 5, 2025 (together, the “Original Agreement”). The Original Agreement has been amended to include an updated delivery schedule that allows for rig delivery by June 23, 2025. Through such amendment, the Company aims to accelerate its rig deployment timeline and offset a portion of expected tariffs. The Company also received a 10% reduction in cost in exchange for the Company’s early payment of the remaining balance outstanding under the Original Agreement. The amendment also provides the Company with additional incremental value from BTC-linked call options.

    Concurrently with the offering of the notes, Morgan Stanley, acting on behalf of itself and/or its affiliates (in such capacity, the “delta offering underwriter”), intends to offer, in a separate, underwritten offering, 17,540,000 shares of Cipher’s common stock borrowed from third parties (the “concurrent delta offering”), to facilitate hedging transactions (whether physical and/or through derivatives) by some of the purchasers of the notes. The delta offering underwriter will initially offer the shares of Cipher’s common stock to the public at a price of $3.42 per share and subsequently offer the shares of Cipher’s common stock for sale in one or more transactions on The Nasdaq Global Select Market, in the over-the-counter market, through negotiated transactions or otherwise, at market prices prevailing at the time of sale. The concurrent delta offering is scheduled to settle on May 22, 2025, subject to customary closing conditions. The completion of the offering of the notes is contingent on the completion of the concurrent delta offering, and the completion of the concurrent delta offering is contingent on the completion of the offering of the notes.

    The offering of the notes and the concurrent delta offering are being made pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “SEC”). Each of the offering of the notes and the concurrent delta offering is being made only by means of a prospectus supplement and an accompanying prospectus. Before you invest, you should read the respective prospectus supplements and the accompanying prospectus and other documents that the Company has filed with the SEC for more complete information about the Company and the offering. You may find these documents on the SEC’s website at www.sec.gov. Alternatively, copies of these documents can be obtained by contacting: Morgan Stanley, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department.

    This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will there be any sale of any such securities in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

    J. Wood Capital Advisors LLC acted as financial advisor to the Company.

    About Cipher

    Cipher is focused on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting. Cipher aims to be a market leader in innovation, including in bitcoin mining growth, data center construction and as a hosting partner to the world’s largest HPC companies. To learn more about Cipher, please visit https://www.ciphermining.com/.

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, such as, statements about the completion of the notes offering and the concurrent delta offering, the use of proceeds from the notes offering, the effect of the hedging activities related to the notes offering on the market price of our shares of common stock, our beliefs and expectations regarding our future results of operations and financial position, planned business model and strategy, our bitcoin mining and HPC data center development, timing and likelihood of success, capacity, functionality and timing of operation of data centers, expectations regarding the operations of data centers, potential strategic initiatives, such as joint ventures and partnerships, and management plans and objectives, are forward-looking statements and should be evaluated as such. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, Cipher’s evolving business model and strategy and efforts we may make to modify aspects of our business model or engage in various strategic initiatives, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on February 25, 2025, and in Cipher’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contacts:
    Investor Contact:
    Courtney Knight
    Head of Investor Relations at Cipher Mining
    courtney.knight@ciphermining.com

    Media Contact:
    Ryan Dicovitsky / Kendal Till
    Dukas Linden Public Relations
    CipherMining@DLPR.com

    The MIL Network

  • MIL-OSI USA: Ernst Applauds Trump Administration for Putting Iowans First

    US Senate News:

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

    WASHINGTON – During a U.S. Senate Committee on Homeland Security and Governmental Affairs hearing, Senator Joni Ernst (R-Iowa) thanked Department of Homeland Security Secretary Kristi Noem for answering her calls to action to deliver justice for Iowan Sarah Root and secure the integrity of Iowa’s elections.

    Watch Senator Ernst’s full remarks here.
    Ernst contrasted how, after the Biden administration’s inaction, it took the Trump administration just weeks to locate Iowan Sarah Root’s killer in Honduras and extradite him to America. His arrest and extradition came after Ernst fought for nearly a decade to deliver justice for the Root family after Sarah’s killer was released on bail and fled the country.
    Noem thanked Senator Ernst for telling Sarah’s story and noted that this was the first case where Honduras extradited someone for a homicide, which set a precedent and established an important relationship. “Telling her story doesn’t fall on deaf ears with this administration,” Noem said.
    After investigating nearly 2,000 registered Iowa “voters” designated as non-citizens, Ernst commended Noem for her work to ensure illegal immigrants are not able to vote in our elections.
    Background:
    For nine years since the tragedy, Senator Ernst worked tirelessly to pass Sarah’s Law to bring closure to the Root family and ensure this never happens again. This year, she shepherded the legislation through the Senate and the House, and President Trump made this legislation the law of the land.

    MIL OSI USA News

  • MIL-OSI China: China’s pizza market to exceed 100B yuan within 5 years: report

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

    Visitors taste pizza at the booth of Italy at 2025 Chengdu Europe Culture Season & European Culture Street in Chengdu, southwest China’s Sichuan Province, April 12, 2025. [Photo/Xinhua]

    China’s pizza market is projected to surpass 100 billion yuan (about 13.9 billion U.S. dollars) over the next five years, driven by rapid growth in lower-tier cities and rising demand for delivery and ready-to-eat products, according to an industry report.

    The market is forecasted to grow from 48 billion yuan in 2024 to 60.8 billion yuan in 2025, said the report released at the ongoing SIAL Shanghai, an international food exhibition. China had more than 60,000 pizza outlets nationwide by the end of March.

    Between 2016 and 2022, pizza chains in China’s third-tier cities and below grew at a compound annual growth rate of 10 percent, outpacing 7.6 percent growth in first-tier cities. An estimated 15,000 new stores are expected to open in lower-tier markets between 2025 and 2027.

    China’s online pizza market share surpassed in-store sales for the first time in 2022, reaching 58.1 percent. The proportion is expected to continue rising in the coming years, according to the report.

    Pizza entered the Chinese mainland in 1990 with the launch of the first foreign-invested restaurant. Initially considered a premium Western offering confined to top-tier cities, the food item has gained traction over the past decades.

    Analysts attribute the market expansion to increased food delivery adoption, rising consumer spending in smaller cities, and growing demand for personalized, healthier pizza options tailored to local tastes.

    The report noted that despite this momentum, China’s pizza store density remains low compared with other countries. As of 2022, China had 11.7 pizza outlets per million people, compared with 232.4 in the United States and roughly one-third the density of Japan and the Republic of Korea, suggesting ample room for further expansion.

    According to industry experts, the evolution of China’s pizza market reflects both the openness of its consumer market and long-term growth potential.

    SIAL Shanghai, an international food and beverage trade show co-hosted by multiple organizations including France’s Comexposium Group and the China General Chamber of Commerce, spans 200,000 square meters and features more than 5,000 exhibitors from 75 countries and regions.

    The event runs from May 19 to 21 in the eastern Chinese metropolis. 

    MIL OSI China News

  • MIL-OSI USA: Lummis Introduces Landmark Autonomous Vehicle Legislation to Accelerate Safe Deployment

    US Senate News:

    Source: United States Senator for Wyoming Cynthia Lummis
    Washington, D.C.— Senator Cynthia Lummis (R-WY), member of the U.S. Senate Committee on Commerce, Science, and Transportation, this week introduced the Autonomous Vehicle Advancement Act, groundbreaking legislation aimed at transforming autonomous vehicle (AV) deployment in the United States. The Autonomous Vehicle Advancement Act seeks to move the nation beyond policy discussions and toward practical implementation of self-driving technology.
    “For nearly a decade, Washington has talked about autonomous vehicles without meaningful action,” Lummis said. “This legislation cuts through the red tape and establishes a clear path forward for getting safe autonomous vehicles on American roads where they can save lives, create jobs, and maintain our technological leadership. Wyoming is a highway state and ensuring that autonomous vehicles are integrated in the safest way possible remains my number one priority.”
    Background:
    The bill addresses two critical components for AV advancement:
    1. It requires federal agencies to implement recommendations from the landmark 2016 federal report on autonomous vehicles within one-year, jumpstarting progress on long-dormant policy objectives.
    2. Most significantly, the legislation establishes a comprehensive roadmap for achieving commercially viable Level 4 and Level 5 autonomous vehicles – advanced self-driving systems that require minimal to no human intervention. The Secretary of Transportation will be tasked with identifying essential needs and regulatory barriers that must be addressed to facilitate widespread deployment.
    Read the full bill text here.

    MIL OSI USA News

  • MIL-OSI USA: 05.20.2025 Sen. Cruz’s ‘No Tax on Tips’ Legislation Passes Senate

    US Senate News:

    Source: United States Senator for Texas Ted Cruz
    WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas) issued a statement following the passing of his No Tax on Tips Act in the U.S. Senate with a vote of 100-0. This bipartisan legislation will exempt tips from being subject to taxation under the federal income tax.
    Sen. Cruz said, “President Trump made a promise to the American people that he would eliminate taxes on tips. In Congress, I formed a bipartisan, bicameral coalition to get that done, and in the Senate introduced the No Tax on Tips Act. Today, I went with Senator Rosen to the floor to secure Senate passage of the bill. This legislation will have a lasting impact on millions of Americans by protecting the hard-earned dollars of blue-collar workers, the very people who are living paycheck-to-paycheck. I urge my colleagues in the House to pass this important bill and send it to the President’s desk to be signed into law.”
    BACKGROUND
    The bill exempts “cash tips”—cash, credit and debit card charges, and checks—from federal income tax by allowing taxpayers to claim a 100% deduction at filing for tipped wages. The updated text includes guardrails to ensure only traditionally tipped employees will benefit from No Tax on Tips.
    Read the bill text here.
    Sen. Cruz has consistently prioritized tax cuts and job access:
    Sen. Cruz helped enact historic tax reform in 2017, which gave a tax cut to virtually every taxpayer in America. It reduced taxes on small businesses, farmers, ranchers, and job producers, which has helped bring jobs to Texas.
    He has fought to make permanent the 2017 historic tax cuts for individuals.
    Sen. Cruz also helped pass the USMCA trade agreement, which was signed by President Trump, a decisive victory for Texas farmers, ranchers, businesses, and manufacturers.
    For his efforts to support Texas businesses large and small, Sen. Cruz received the U.S. Chamber of Commerce’s prestigious “Spirit of Enterprise” award.

    MIL OSI USA News

  • MIL-OSI USA: WATCH: Padilla Pushes for Senate Passage of Bill to Improve Voter Registration Services at Naturalization Ceremonies

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    WATCH: Padilla Pushes for Senate Passage of Bill to Improve Voter Registration Services at Naturalization Ceremonies

    While Senate Republicans Block Efforts to Register Citizens, Padilla Blocks Their Efforts to Pass Anti-Voter SAVE Act
    WATCH: Padilla underscores the importance of making voting accessible to all eligible AmericansWASHINGTON, D.C. — On the anniversary of President Clinton signing the National Voter Registration Act (NVRA) into law, U.S. Senator Alex Padilla (D-Calif.), Ranking Member of the Senate Committee on Rules and Administration and California’s former Secretary of State, spoke on the Senate floor to push for the unanimous passage of his legislation to improve voter registration services at naturalization ceremonies. The Including New Voters In The Electorate (INVITE) Act would designate United States Citizenship and Immigration Services (USCIS) field offices as voter registration agencies under the National Voter Registration Act, requiring USCIS staff to help new U.S. citizens complete their voter registration forms and return them to the appropriate state agency following their naturalization.
    U.S. Senator Mike Lee (R-Utah) objected to Padilla’s attempt to pass the bill by unanimous consent. Lee instead attempted to unanimously pass the Safeguard American Voter Eligibility (SAVE) Act, to which Padilla strongly objected to prevent the potential disenfranchisement of millions of eligible American citizens. 
    Senator Padilla highlighted the success of NVRA, also known as the “Motor Voter Act,” in registering voters at Departments of Motor Vehicles, military recruitment offices and public agencies that manage programs like SNAP and Medicaid. He pushed for NVRA to extend to naturalization ceremonies, helping secure the fundamental right to vote in our democracy for the country’s newest eligible citizens.
    “We should all believe in that most basic of lessons that I believe we all learned in high school civics class: that our democracy works best when as many eligible people participate.”
    “One other place that the National Voter Registration Act can and should extend to is naturalization ceremonies — giving new eligible United States citizens the information they need to register to vote should they want to.”
    Padilla emphasized that naturalized citizens are among the most patriotic Americans, detailing his own background as the proud son of immigrants.
    “If you’ve never had the opportunity to attend one before, I can tell you personally: there are few experiences that give you more of that patriotic feeling than inside the four walls of a naturalization ceremony. If you’ve ever had doubts or questions about what it means to be an American, I encourage you to talk to and ask a newly naturalized citizen.”
    “As I think about the people who go through the process, I can’t help but also think about my parents, because they went through the naturalization process. And when I see the dozens or hundreds of immigrants becoming citizens, I envision what their preparation was like because it was very similar no doubt to what my parents did. Taking classes, studying, showing up at every important appointment, filling out all those forms. And on the day they finally take the oath of allegiance, they earn the full benefits of United States citizenship.”
    “So it was an honor and a privilege to be able to address those audiences as Secretary of State, and encourage them not just to get involved in community, but to register to vote and exercise their new right to vote.”
    USCIS does not consistently offer newly eligible citizens the opportunity to register to vote at naturalization ceremonies, and even more rarely offers them assistance in filling out and returning their voter registration forms. Padilla stressed that just 61 percent of all naturalized U.S. citizens were registered to vote during the November 2022 election (the most recent available data), compared to 70 percent of citizens born in the United States. He urged his colleagues to join him in passing the INVITE Act to help rectify this disparity.
    “My bill would use the powers of the National Voter Registration Act to designate USCIS field offices as voter registration agencies — effectively giving our field staff not just the opportunity, but the duty to help new eligible United States citizens register to vote. Rather than just hand out a form, it would empower USCIS personnel to actually assist new citizens in completing and returning their voter registration forms.”
    “Let me just say to everyone who regularly expresses concern about noncitizens voting. I would suggest, what better place to make sure citizens are registered than at a naturalization ceremony?”
    “The responsibilities that come with citizenship don’t end upon taking the oath of citizenship. That’s just the beginning. So I urge all of my colleagues, Republican and Democrat, to join me in supporting this commonsense bill to invest in and strengthen our democracy.”
    The INVITE Act would maintain USCIS’ flexibility to work with state voter registration agencies and nonpartisan voter registration organizations, and it would allow the agency to develop and implement plans with each state to carry out this important work. 
    Specifically, designating USCIS field offices under the National Voter Registration Act would require them to:
    Work with states to develop and implement a plan to distribute voter registration information and forms to new citizens following naturalization,
    Offer assistance to new citizens in filling out the voter registration application, and
    Transmit the completed application to the appropriate state election official or agency.
    Senator Padilla believes that our democracy is strongest when every eligible American participates. He is a champion for stronger voting rights, bipartisan election administration reforms, and increased funding to modernize and secure our elections. Padilla has led the charge opposing President Trump and Republicans’ reckless attempts to restrict the right to vote. Last week, he convened a Rules Committee Democrats spotlight hearing focused on Congressional Republicans’ SAVE Act and Trump’s illegal anti-voter executive order, both of which threaten to disenfranchise millions of eligible American citizens. As President Trump marked 100 disastrous days in office, Padilla also recently led his Democratic colleagues on the Senate floor to speak out against the SAVE Act and attacks on election integrity. Last month, Padilla warned Secretaries of State, Lieutenant Governors, and Chief Election Officials across the country of the devastating potential impacts of the SAVE Act, concerns that have been echoed by top election officials across the country.
    Additionally, Padilla led 11 Senators in introducing the Defending America’s Future Elections Act to repeal Trump’s illegal anti-voter executive order and prevent the Department of Government Efficiency (DOGE) from accessing sensitive voter registration data and state records. Padilla previously led 14 Democratic Senators in calling on Trump to revoke his illegal anti-voter executive order and issued a statement slamming the order when it was announced.
    Video of Senator Padilla’s full remarks on the INVITE Act is available here.
    Full text of the bill is available here.

    MIL OSI USA News

  • MIL-OSI USA: WATCH: Padilla Stops Senate Passage of SAVE Act That Would Disenfranchise Millions of Americans

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    WATCH: Padilla Stops Senate Passage of SAVE Act That Would Disenfranchise Millions of Americans

    WATCH: Padilla objects to Lee’s attempts to pass the anti-voter SAVE Act by unanimous consentWASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.), Ranking Member of the Senate Committee on Rules and Administration and California’s former Secretary of State, blocked Senator Mike Lee’s (R-Utah) attempts to unanimously pass the Safeguard American Voter Eligibility (SAVE) Act, which would lead to the disenfranchisement of millions of eligible American citizens if passed. Padilla blasted the overly burdensome documentation requirements in the SAVE Act, which would make registration harder for new voters, married women, rural voters, servicemembers, communities of color, and the tens of millions of Americans who register to vote online or by mail.
    Lee’s harmful proposal came in response to Senator Padilla’s attempt to pass the Including New Voters In The Electorate (INVITE) Act by unanimous consent to improve voter registration services at naturalization ceremonies. In responding to Lee’s objection, Padilla emphasized that Congress should try to make voting easier for eligible American citizens, not harder. He also debunked misinformation about widespread voter fraud, highlighting that voter fraud is extremely rare.
    A review of the 2016 general election found that only 0.0001 percent of votes came from improper noncitizen voting among the jurisdictions reviewed.
    Key Excerpts:
    “It is a solution in search of a problem. Audit after audit, review after review, investigation after investigation, has demonstrated that the instances of ineligible immigrants voting in elections is exceedingly, exceedingly, exceedingly rare, which again, means our current laws are working.”
    “To suggest that birth certificates be required for a certain task when it’s already secure — I don’t make it a habit of walking around with my birth certificate in my pocket. A passport’s another acceptable form of documentation for citizenship. Half the American public doesn’t have a current valid passport because not everybody travels abroad on a regular basis. So they’re unnecessary. Our current laws are working, and therefore I object.”
    Padilla has led the charge opposing President Trump and Republicans’ reckless attempts to restrict the right to vote. Last week, he convened a Rules Committee Democrats spotlight hearing focused on Congressional Republicans’ SAVE Act and Trump’s illegal anti-voter executive order, both of which threaten to disenfranchise millions of eligible American citizens. As President Trump marked 100 disastrous days in office, Padilla led his Democratic colleagues on the Senate floor to speak out against the SAVE Act and the Trump Administration’s attacks on election integrity. Last month, Padilla warned Secretaries of State, Lieutenant Governors, and Chief Election Officials across the country of the devastating potential impacts of the SAVE Act, concerns that have been echoed by top election officials across the country. Padilla also recently led a letter sounding the alarm on the devastating impacts of the SAVE Act and Trump’s illegal anti-voter executive order on Native American voting rights.
    Additionally, Padilla led 11 Senators in introducing the Defending America’s Future Elections Act to repeal Trump’s illegal anti-voter executive order and prevent the Department of Government Efficiency (DOGE) from accessing sensitive voter registration data and state records. Padilla previously led 14 Democratic Senators in calling on Trump to revoke his illegal anti-voter executive order and issued a statement slamming the order when it was announced.
    Video of Senator Padilla’s objection to the passage of the SAVE Act is available here.

    MIL OSI USA News

  • MIL-OSI USA: Gov. Pillen Signs Legislation Protecting Kids From Big Tech

    Source: US State of Nebraska

    . Pillen Signs Legislation Protecting Kids From Big Tech

     

    LINCOLN, NE – Today, Governor Jim Pillen signed LB140, LB383, and LB172 – a slate of legislation brought on his behalf, aimed at providing protections to kids from utilization of online services and social media.  Upon passage, LB383 was amended to include LB172.

    In January, Gov. Pillen stood with senators to introduce the proposed measures, broadly aimed at:

    • Restricting the use of cell phones in school, bell to bell (LB140)

    • Providing parents with a variety of parental controls over social media accounts (LB383)

    • Expanding prohibitions against child pornography to include materials created through AI (LB172)

    “I appreciate the partnership of senators Sanders, Storer and Hardin to get each of these bills across the finish line. They know that the most important thing we do in this state is protect our kids,” said Gov. Pillen. “The research is clear about the detriments from overexposure to social media and the way Big Tech works to keep kids online and coming back for more. This has been a considerable effort, and I appreciate the collective work to get the bills to my desk for signature.”

    A fourth bill, also introduced on behalf of the Governor – LB504 – has been advanced to the final round of debate. Sponsored by Senator Carolyn Bosn, the Age-Appropriate Online Design Code Act requires that online services protect user data, implement design features that will reduce harm resulting from compulsive use, and enables parents to have access to privacy and account settings.

    MIL OSI USA News

  • MIL-OSI USA: Gov. Pillen Signs Bill to Protect Power Grid from Cryptocurrency Operation Use

    Source: US State of Nebraska

    . Pillen Signs Bill to Protect Power Grid from Cryptocurrency Operation Use

     

    LINCOLN, NE – Today, Governor Jim Pillen signed into law LB526, introduced on his behalf by Senator Mike Jacobson. The legislation helps to preserve electrical service to homes, businesses and other Nebraska customers, by establishing requirements for cryptocurrency mining operations. In addition to notifying power utilities in advance, the bill also provides for payment or a letter of credit covering costs associated with potential infrastructure upgrades.

    “With the opportunity in expanding this emerging industry, comes responsibility. This bill provides the guardrails needed to ensure that our electrical grid can handle the increased demand. By requiring mining operations to contribute to grid upgrades and be transparent about their energy use, we’re protecting our infrastructure,” said Gov. Pillen. 

    In addition to the provisions above, the bill allows utilities to impose terms and conditions on these operations, such as requiring them to shut down during times of peak electrical demand and requiring that mining operations report annually on their energy consumption.

    MIL OSI USA News

  • Trump Unveils $175B Golden Dome Missile Defense System, Cites China and Russia Threats

    Source: Government of India

    Source: Government of India (4)

    President of the United States Donald Trump said on Tuesday he had selected a design for the $175-billion Golden Dome missile defense shield and named a Space Force general to head the ambitious program aimed at blocking threats from China and Russia.

    The program, first ordered by Trump in January, aims to create a network of satellites, perhaps numbering in the hundreds, to detect, track and potentially intercept incoming missiles.

    Trump told a White House press conference that U.S. Space Force General Michael Guetlein would be the lead program manager for an effort widely viewed as the keystone to Trump’s military planning.

    Golden Dome will “protect our homeland,” Trump said, adding that Canada had said it wanted to be part of it.

    In a statement, the office of Canadian Prime Minister Mark Carney said he and his ministers were discussing a new security and economic relationship with their American counterparts.

    “These discussions naturally include strengthening NORAD and related initiatives such as the Golden Dome,” it added.

    Trump said the defense shield, which would cost some $175 billion, should be operational by the end of his term in January 2029, but industry experts were less certain of that timeframe and the cost.

    “Ronald Reagan wanted it many years ago, but they didn’t have the technology,” Trump said, referring to the space-based missile defense system, popularly called “Star Wars”, that Reagan proposed.

    The Golden Dome program faces both political scrutiny and funding uncertainty.

    “The new datapoint is the $175 billion, but the question remains, over what period of time. It’s probably 10 years,” said Tom Karako of the Center for Strategic and International Studies.

    Silicon Valley and U.S. software expertise can be leveraged to bring advances, while also using existing missile defense systems, he added.

    This month, the Congressional Budget Office estimated that Golden Dome could cost as much as $831 billion over two decades.

    Democratic lawmakers have voiced concern about the procurement process and involvement of Trump ally Elon Musk’s SpaceX, which has emerged as a frontrunner alongside Palantir PLTR.O and Anduril to build key components of the system.

    “The new autonomous space-age defense ecosystem is more about Silicon Valley than it is about ‘big metal’,” Senator Kevin Cramer of North Dakota said at the White House event.

    “So what’s exciting about this is it makes it available to everybody to participate, to compete.”

    “Big metal” refers to legacy defense contractors.

    The Golden Dome idea was inspired by Israel’s land-based Iron Dome defense shield that protects it from missiles and rockets.

    Trump’s Golden Dome is much more extensive, including a massive array of surveillance satellites and a separate fleet of attacking satellites that would shoot down offensive missiles soon after lift-off.

    Tuesday’s announcement kicks off the Pentagon’s effort to test and ultimately buy the missiles, systems, sensors and satellites that will constitute Golden Dome.

    Trump said Alaska would be a big part of the program, while Florida, Georgia and Indiana would also benefit.

    Many of the early systems are expected to come from existing production lines. Attendees at the press conference named L3Harris Technologies LHX.N, Lockheed Martin LMT.N and RTX Corp RTX.N as potential contractors for the massive project.

    L3 has invested $150 million in building out its new facility in Fort Wayne, Indiana, where it makes the Hypersonic and Ballistic Tracking Space Sensor satellites that are part of a Pentagon effort to better detect and track hypersonic weapons with space-based sensors and could be adapted for Golden Dome.

    Golden Dome’s funding remains uncertain. Republican lawmakers have proposed a $25-billion initial investment for Golden Dome as part of a broader $150-billion defense package, but this funding is tied to a contentious reconciliation bill that faces significant hurdles in Congress.

    “Unless reconciliation passes, the funds for Golden Dome may not materialize,” said an industry executive following the program, who spoke on condition of anonymity. “This puts the entire project timeline in jeopardy.”

    (Reuters)