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Category: Politics

  • MIL-OSI United Kingdom: Mayor announces new £6 million fund to support survivors of domestic abuse

    Source: Mayor of London

    • New £6 million investment from Mayor will help ensure thousands of victims and survivors of domestic abuse get the help and support they need to reach safe accommodation, and rebuild their lives for the long term
    • Since its launch in 2021, the Mayor’s Domestic Abuse Safe Accommodation (DASA) programme has ensured more than 23,500 victims and survivors have received support
    • Additional funding builds on Sadiq’s record £233 million funding to tackle violence against women and girls in all its forms
    • Mayor visits voluntary organisations Refuge, Solace and Asha in Lambeth to see first-hand how his Domestic Abuse Safe Accommodation (DASA) programme is supporting the most vulnerable in London’s diverse communities

    The Mayor of London, Sadiq Khan, has today announced a new £6 million package of funding to support grassroots community organisations delivering life-changing support for victims and survivors of domestic abuse and violence across the capital.

    The funding will be used to fund keyworkers, helplines, advocates who can help support victims find new housing, legal advice, counselling and specialist play therapy for children alongside a range of other initiatives.

    It is part of Sadiq’s £54 million investment in his Domestic Abuse Safe Accommodation (DASA) programme1 which funds vital support and services for survivors and their children in safe accommodation. 

    The additional £6 million announced today builds on the record support the Mayor has already provided for domestic abuse services in London, which includes the delivery of 81 vital services for domestic abuse survivors between 2022 and 2024.2

    Since it launched in 2021, the Mayor’s DASA programme has helped more than 23,500 survivors of domestic abuse, including vulnerable men, women, and children from across London’s communities rebuild their lives. Thanks to new City Hall investment, it is expected that thousands of more victims and survivors will benefit over the course of the Mayor’s DASA programme.

    The latest Crime Survey for England and Wales (CSEW) found that an estimated 2.3 million people aged 16 or over in the UK had experienced domestic abuse in the last year ending March 2024.3 In London there were 86,863 police recorded domestic abuse offences in the 12-month period to February 2025.4

    Sadiq is continuing to work in partnership with community organisations, government, charities, the police and other partners to support victims of domestic abuse access safe housing and one-to-one support to cope and recover from trauma and abuse.

    However, victims and survivors are still facing barriers in receiving the help they need and the situation has been exacerbated by the ongoing cost-of-living crisis which is forcing many people who have been impacted to stay with abusers or face financial hardship.

    The Mayor is determined to ensure that all Londoners in need are able to access the domestic abuse support they need, in a way that benefits them. To help achieve that, Sadiq has today set out a new refreshed approach to Domestic Abuse Safe Accommodation which will create more safe spaces for victims and survivors from minority backgrounds – included faith-based communities and those with more complex needs. The new approach will help communities from London’s diverse communities feel more comfortable reaching out for support. 5

    Today, the Mayor visited voluntary organisations Refuge, Solace and Asha in Lambeth to see first-hand how his funding will continue to help dedicated staff deliver high-quality care and support for survivors of domestic abuse and their families.

    The Mayor of London, Sadiq Khan, said: “Domestic abuse refuges and community organisations are a lifeline for so many Londoners in need. Despite caseloads growing, grassroot support groups are struggling to survive due to the ongoing cost-of-living crisis and years of underfunding from the previous government.

    “So I’m pleased to be working with partners to fund vital support services for thousands of survivors of domestic abuse and violence who need safe accommodation across our city.

    “The investment I have announced today will build on my record £233 million funding to tackle violence against women and girls in all its forms and help community organisations continue their life-changing work with some of the most vulnerable people experiencing domestic abuse so we can build a safer and fairer London for everyone.”

    Deputy Mayor for Policing and Crime, Kaya Comer-Schwartz, said: “The Mayor’s funding for domestic abuse victims and survivors is changing lives. Since 2021, the DASA programme has ensured more than 23,500 victims and survivors have received the support they need to move forward.

    “This latest investment and refreshed strategy will help us do even more and ensure Londoners of all backgrounds can access the vital one-to-one care they need to rebuild their lives. All of this is happening alongside record funding for the police to go after the worst domestic abuse offenders and better education and public campaigns to tackle the root causes of misogyny and domestic violence.”

    Deputy Mayor of London for Housing and Residential Development, Tom Copley, said: “This vital new investment from the Mayor will ensure thousands of victims and survivors of domestic abuse in safe accommodation receive the help they need to rebuild their lives.

    “This will enable grassroots community organisations to continue delivering life-changing services for victims, including helplines and therapy, as we build a safer London for all.”

    London’s Independent Victims’ Commissioner, Claire Waxman OBE, said: “It’s absolutely critical that victims and survivors affected by domestic abuse and violence receive the support and help they need to access safety and rebuild their lives.

    “I know first-hand from my work with victims across the capital just how important these specialist services are; safe accommodation offers survivors a lifeline and ensures they can escape their abusers. Whilst there is a still a lot more work to do to tackle the root causes of domestic abuse, I hope this new funding from City Hall will support the most vulnerable victims and survivors in our diverse communities.”

    Cllr Claire Holland, the Leader of Lambeth Council, said: “We are proud of Lambeth’s leading work to support women and girls who are victims and survivors of domestic abuse and to work with the Mayor of London on our shared ambitions to keep women and girls safe.

    “This visit recognises Lambeth’s long history of strong local funding, partnerships and expertise. We are committed to tackling gender based violence in all its forms in our borough and have protected these services from the deep funding cuts our sector has faced over many years. Lambeth Council’s strategy for tackling Violence Against Women and Girls (VAWG) has been in place since 2021 and sets out how the council works with its partners on the issue over the following five years. It builds on previous strategies and a decade of work to establish effective services, partnerships and processes that support victims and survivors and their children and hold perpetrators to account.

    “Lambeth council funds 52 refuge bed spaces, which is the highest number of commissioned domestic abuse safe accommodation beds in any London borough, and twice as many as the London average. The majority offer culturally specific support in recognition of the evidenced benefit of tailored support for women and their children fleeing abuse. There is also specialist community-based support for victims and survivors of all genders and ages who are at risk of gender based violence through our free, confidential and independent service, the Gaia Centre. We look forward to working with the Mayor and his team on a fair and sustainable offer for those fleeing domestic abuse across London.”

    Martina Palmer, Head of Services at Refuge, said: “Refuge is delighted to welcome a new strategy for domestic abuse safe accommodation from the Mayor’s Office for Policing and Crime (MOPAC). Violence against women and girls (VAWG) in London remains at ‘endemic’ levels, and funding for safe accommodation for survivors is an integral part of what’s needed to make good on the Government’s pledge to halve VAWG within the next decade.

    “Refuges play a lifesaving role for survivors by giving them the space, safety and support required to rebuild their lives free from abuse. We are proud to be continuing our work with Lambeth and other expert partners to deliver a co-ordinated approach to domestic abuse that is inclusive, accessible and tailored to each survivor’s individual needs.”

    Nahar Choudhury, Chief Executive of Solace, said: “Safe and accessible accommodation is a lifeline for survivors of domestic abuse, and we welcome the Mayor’s commitment to improving provision across London. Solace has been proud to contribute to the consultation on this strategy, which takes important steps to expand safe accommodation, strengthen specialist support, and remove barriers for those most in need.

    “We are particularly pleased to see a focus on grant funding for ‘by and for’ services, improving sanctuary schemes, expanding move on housing, and investing in psychologically informed environments. We look forward to continuing our work with the Mayor’s Office and partners to ensure every survivor in London has a secure place to rebuild their life.”

    Ila Patel, Director of Asha, said: “We welcome the Mayor’s new strategy for Domestic Abuse Safe Accommodation, which is an important step in ensuring survivors have the support they need.

    Specialist by and for organisations like Asha play a crucial role in supporting women who are often the most vulnerable and least visible.

    “Working together with our Lambeth partners, we have delivered quality support to survivors, ensuring they feel safe, valued, and empowered to rebuild their lives. As a small organisation, this achievement was made possible through the DASA funding, which has been vital in enabling us to provide this essential support.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: NWS appoints Seth Kybird as Interim CEO

    Source: United Kingdom – Executive Government & Departments

    News story

    NWS appoints Seth Kybird as Interim CEO

    Seth joins NWS from Nuclear Transport Solutions

    Seth Kybird

    Nuclear Waste Services (NWS) has announced that Seth Kybird has been appointed as Interim Chief Executive Officer (CEO) of NWS. He succeeds Corhyn Parr who has led NWS as CEO since its formation in 2022.

    Read the full story on the NWS website: NWS appoints Seth Kybird as Interim CEO

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Sobyanin: Three new methods of cardiovascular surgery are available to city residents

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Three new high-tech methods of performing cardiovascular surgeries have become available to Muscovites free of charge. Additional funding has been allocated for their implementation. This is about in his telegram channel Sergei Sobyanin reported.

    If there are medical indications, surgeons can perform operations using different methods. Among them is endovascular removal of blood clots from the main veins.

    “Previously, patients with venous thrombosis were treated mainly with anticoagulants, the effectiveness of which was limited. Now doctors perform minimally invasive interventions through a small puncture, delivering instruments to the site of thrombosis through the vascular network. This reduces the risk of complications and speeds up recovery,” the Moscow Mayor wrote.

    Source: Sergei Sobyanin’s Telegram channel @Mos_Sobyanin

    New methods also include repeated arterial prosthetics using homografts. Patients who have previously undergone vascular surgery can undergo repeated minimally invasive interventions using bioprostheses. This increases the chances of successful treatment and saves the lives of seriously ill patients.

    Another new technology is ultrasound transcatheter thrombolysis. This method combines the administration of thrombolytic drugs with ultrasound to dissolve blood clots inside the vessels. It is especially effective in the treatment of pulmonary embolism – the safety of therapy increases.

    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/mayor/tkhemes/12514050/

    MIL OSI Russia News –

  • MIL-OSI: Pivotal Appoints Marjorie Dickman to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, March 18, 2025 (GLOBE NEWSWIRE) — Pivotal, the market leader in light electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Marjorie Dickman to its board of directors. A global government affairs and geopolitical expert, Ms. Dickman is consistently recognized among the nation’s top public policy executives and top women in technology. For decades, she has led corporate strategies that navigate complex regulatory landscapes in the U.S. and abroad – creating opportunities, managing risk and growing market share.

    “We are thrilled to welcome Marjorie to Pivotal’s Board of Directors. Her wisdom of U.S. and global government affairs and her deep business acumen in the emerging tech and transportation sectors are invaluable to our growth,” said Ken Karklin, Chief Executive Officer, Pivotal. “This is an exciting time for Pivotal. Our aircraft offer a new way to experience flight, and our aero architecture is ready for public safety and defense use cases.”

    “I am excited to join the board and delighted that my extensive experience in tech and transportation innovation aligns with Pivotal’s mission,” said Marjorie Dickman. “I am especially pleased that my regulatory expertise in navigating global market access and competition can be an asset for Pivotal’s growth in the eVTOL market.”

    About Marjorie Dickman
    Ms. Dickman is a highly seasoned government affairs expert and attorney, based in Washington, D.C.

    She built her career leading government engagement and communication strategies for multinational technology companies – with a focus on rapidly evolving sectors like AI, automated and connected vehicles, cybersecurity, data privacy, Internet of Things (transport, energy, manufacturing), and secure communications for defense and first responders. Her track record of success building trusted government relationships, influencing public policy, and navigating regulatory and legal frameworks has earned numerous accolades. Examples include “Tech Titan” Policy Influencer, Global HERoes Role Model, and Most Powerful Women in Tech.

    As BlackBerry’s first Chief Government Affairs and Public Policy Officer and direct report to the CEO/Executive Chairman, Ms. Dickman opened the company’s Washington, D.C. office in 2020. She built BlackBerry’s Global Government Affairs and Public Policy organization from the ground up, including the company’s Government Relations and Technical Standards teams operating in the U.S., Canada, EMEA, the UK, LATAM, and APJ.

    Prior to BlackBerry, Ms. Dickman led a highly successful 16-year career at Intel Corporation – most recently launching and leading global government affairs for two of Intel’s most ‘disruptive’ businesses: Automated Driving and the Internet of Things – where she managed teams across the U.S., EMEA, China and Japan. Prior to Intel, she practiced law at a prominent Washington firm, specializing in telecom regulation and M&A.

    Ms. Dickman has been appointed to the Boards of the Eno Center for Transportation, Consumer Technology Association (CES), U.S. Chamber of Commerce’s Technology Engagement Center and Cybersecurity Leadership Council, No. Virginia Technology Council, and George Mason University’s College of Engineering and Computing. She is an honors graduate of Georgetown University Law Center (J.D.) and Duke University (A.B., Public Policy).

    About Pivotal
    Pivotal designs, develops, and manufactures light eVTOL aircraft. An industry pioneer, Pivotal is renowned for the BlackFly, the first light eVTOL to be commercially available and delivered to customers in the United States. In October 2023, Pivotal introduced its next generation production aircraft, the Helix, and in January 2024 began sales of the Helix. The company’s distinctive tilt-aircraft architecture and scalable technology platform have been under continuous improvement for well over a decade, and today, Pivotal has the most mature technology in the light eVTOL category. Efficient, compact, and simple, Pivotal vehicles are designed for a wide range of consumer, public safety, and defense applications. The company is headquartered in Palo Alto, CA. For videos and more information, visit https://pivotal.aero.

    Media Contact:
    Heidi Groshelle
    press@pivotal.aero

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7ffc9-f2e7-429c-b5b0-55ff0a50da3d

    The MIL Network –

  • MIL-OSI: CURRENC Group and ARC Group Jointly Launch $100 Million AI-Focused Infrastructure & Investment Fund

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced its plan to form an AI-focused investment fund in collaboration with ARC Group, a leading global investment bank (“CURR-ARC AI Fund 1” or the “Fund”). As the first of a series of initiatives in CURRENC’s strategic AI investment blueprint, CURR-ARC AI Fund 1 aims to raise up to $100 million and will invest in AI data center (AIDC), green energy, and computing power development, driving AI innovation and digital transformation globally.

    The Fund’s general partner is CURR-ARC GP Limited, a joint venture company owned 80% by CURRENC and 20% by ARC Group.

    The investment focus of the Fund will be as follows:
    1. Approximately 80% of the Fund will be dedicated to global investments in AI computing power and green energy infrastructure projects, including the first phase of CURRENC’s planned 500MW hyperscale AIDC in Malaysia.
    2. Approximately 20% of the Fund will target emerging enterprises in the fields of AI ecosystems, fintech, and AI-driven solutions.

    The Fund will benefit from the leadership of a seasoned team of technology and finance experts, as well as experienced asset managers and AIDC operators. Together, they will execute the Fund’s investment strategy.

    “The CURR-ARC AI Fund 1 is a transformative initiative in our strategy to create a robust, sustainable ecosystem that spans AIDCs, green energy, fintech, and AI-driven solutions,” said Alex Kong, Founder and Executive Chairman of CURRENC. “It will allow us to support both established leaders and emerging disruptors across industries, simultaneously fueling innovation in AI and sustainable technology. We’re confident that this investment will enable us to harness AI’s full potential and propel the digital transformation globally, creating substantial value for our stakeholders and society as a whole.”

    Abraham Cinta, CEO of ARC Group, added, “We are thrilled to partner with CURRENC Group to advance our shared vision for the future of global industries. With our combined expertise in technology and finance, we are well-positioned to shape the next generation of AI innovations, green energy infrastructure, and scalable computing solutions that will drive sustainable global development.”

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered tools designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies, cryptocurrency exchanges and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    About ARC Group
    ARC Group is a globally based investment bank and management consultancy firm, specializing in bridging Asia and the West. Our services encompass a full spectrum of financial solutions, including IPOs, M&A, financing, venture capital, and SPACs. ARC Group also includes an independent consulting division dedicated to addressing the unique challenges faced by companies operating across both Asian and Western markets. Headquartered in Hong Kong, with offices across Mainland China, the USA, Malaysia, Indonesia, Vietnam, India, Sweden, and the UAE, we are well-positioned to provide cross-border financial and advisory services.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Investor & Media Contact
    CURRENC Group Investor Relations
    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI United Kingdom: NRS seeks up to 40 apprentices

    Source: United Kingdom – Executive Government & Departments

    Press release

    NRS seeks up to 40 apprentices

    Applications are now open for the 2025 apprenticeship scheme at Nuclear Restoration Services sites across the UK.

    Stan Smith, apprentice maintenance and operations engineering technician at Oldbury site

    Apprenticeships are available to anyone aged 18 or over as level 2 health physics monitors, level 3 mechanical and electrical engineering technicians or level 6 nuclear engineering degrees.

    These opportunities provide hands-on learning with some of the most experienced nuclear professionals in the world, alongside first-class training providers to support college-based study.

    NRS is committed to supporting the nuclear skills agenda and helping its apprentices to grow and succeed in a diverse and inclusive workplace, while taking forward its nationally important mission to reduce hazards and decommission nuclear sites in all parts of the UK.

    Britney Nembaware, project management apprentice at Harwell site

    Aged 18, Britney Nembaware is one of the youngest currently on the NRS apprentice programme and was particularly drawn to the scheme for the chance to gain real-world project management experience while pursuing her degree. She said:

    I was particularly attracted by the opportunity to make a tangible impact on sustainability, which is something that resonates with me personally.

    The support from my team at Harwell site has been incredible. They’ve helped me grow so quickly, giving me the chance to collaborate on project deliverables, which has been invaluable to my development.

    Every day brings an opportunity to develop. Project management isn’t something you master overnight. It takes time and experience, and this apprenticeship is giving me the tools to keep improving.

    Britney’s journey is only just beginning, with NRS supporting her to see where the apprenticeship opportunity can take her career.

    John Vickerman, Chief People Officer, said:

    We are delighted to offer up to 40 nuclear skills opportunities to help support the UK’s clean energy mission and widen our talent pool even further.

    I am very proud of the success of the NRS apprentice programme. Continued investment in our early careers skills pipeline supports the national nuclear skills goal to double the number of apprentices and graduates every year.

    These opportunities are in addition to 23 apprenticeship positions already advertised in Caithness and North Sutherland supporting NRS Dounreay.

    NDA group graduates and apprentices on a tour of Parliament

    The full list of vacancies and information about how to apply is available on the Energus website here.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Overwatch Expands Cybersecurity Innovation with AI-Driven Hyper-Automation, Delivering Unfair Advantage to MSPs

    Source: GlobeNewswire (MIL-OSI)

    BATAVIA, Ill., March 18, 2025 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI) is redefining cybersecurity for Managed Service Providers (MSPs) and their customers by embedding hyper-automation and AI-driven security into its platform. Through strategic partnerships with SentinelOne (NYSE: S), D3 Security, and other industry leaders, High Wire – Overwatch does the hard, behind-the-scenes work so that partners and their customers receive a seamless, white-glove cybersecurity experience. This unfair advantage allows partners and customers to deliver enterprise-grade protection without the complexity or overhead of managing it themselves.

    “SentinelOne recognizes Overwatch is more than just a cybersecurity provider—we are an enabler of success for our partners,” said Ed Vasko, CEO of Overwatch. “As such, they want to partner with us to increase our revenue growth across their expanding portfolio. Because AI and automation are the foundation of a smarter, more efficient security ecosystem, we can scale revenue faster, keep costs flat, and provide better security. By doing the heavy lifting, we help our channel partners deliver powerful security outcomes without adding operational burden. Our focus on innovation is about adopting new technology that works at scale against the constant onslaught of multi-vector cyber-attacks across industries. It’s about leveraging AI and automation to streamline security operations, enhance threat detection, and reduce technical debt—giving our partners a true competitive edge.”

    Overwatch integrates AI-powered threat detection, automated response, and hyper-automation to eliminate inefficiencies and enhance security outcomes. By leveraging Managed Endpoint Detection and Response (MEDR), Managed eXtended Detection and Response (MXDR), and Security Orchestration Automation and Response (SOAR), Overwatch enables MSPs to activate services faster, streamline operations, and reduce technical debt—all while maintaining top-tier security.

    Through its partnership with SentinelOne, Overwatch provides next-generation Managed Detection and Response (MDR) and Managed Security Services Provider (MSSP) solutions.   

    With SentinelOne’s Singularity platform, Overwatch unifies cloud, endpoint, and firewall logs for seamless threat correlation. Leveraging Purple AI, the industry’s most advanced AI security analyst, we help our customers detect attacks earlier, respond faster, and stay ahead of them. Purple AI streamlines detection rule creation and threat hunting, reducing manual effort and enhancing visibility. Integrated vulnerability detection proactively identifies and mitigates risks by linking security gaps to active threats. 

    As a trusted partner in SentinelOne’s UXIP program, Overwatch is among a select group of companies granted firsthand access to beta features, user experience enhancements, and new product capabilities before they go to market. This exclusive partnership allows Overwatch to test, refine, and provide feedback on SentinelOne’s latest innovations, ensuring that our clients benefit from the most advanced security technologies as soon as they become available.

    “The combination of High Wire’s Overwatch MDR and MSSP services with SentinelOne’s AI security technology is a powerful one that will create significant value for customers,” said Brian Lanigan, SVP, Global Head of Partner Ecosystem, SentinelOne (NYSE: S). “Together, we can deliver innovations that empower security leaders to reimagine and revolutionize how they respond to emerging threats in ways that significantly reduce risk, speed decision-making, and free up their teams to focus on high-impact initiatives.”

    Overwatch’s partnership with D3 Security takes automation and orchestration to the next level. D3’s AI-powered platform integrates alerts from multiple security sources, allowing automated responses such as account lockdowns and password resets. SOAR connections enable Overwatch to execute security actions inside client networks without manual intervention, ensuring faster and more precise incident resolution.

    The combination of D3’s hyper-automation capabilities and Overwatch’s 24/7 Security Operations Center (SOC) means low-level alerts are handled automatically, while critical threats like ransomware trigger immediate, hands-on intervention. Overwatch’s white-glove approach ensures partners and customers never need to worry about cybersecurity gaps.

    Overwatch continues to push the boundaries of AI-driven security with D3’s Morpheus AI, set to launch in 2025. This next-generation AI SOC solution will revolutionize managed security by providing real-time detection, autonomous analysis, and rapid mitigation of cyber threats.

    High Wire Network’s commitment to innovation and hyperautomation transforms cybersecurity delivery and drives tangible business growth. By enabling partners to deliver enterprise-grade protection with greater speed, efficiency, and scalability, Overwatch creates a distinct competitive advantage in the marketplace. This strategic focus positions Overwatch to accelerate partner adoption, expand recurring revenue streams, and strengthen its overall market presence—delivering meaningful value to shareholders and supporting long-term growth objectives.

    About SentinelOne

    SentinelOne (NYSE: S) is a leading AI-powered cybersecurity platform. Built on the first unified Data Lake, SentinelOne empowers the world to run securely by creating intelligent, data-driven systems that think for themselves, stay ahead of complexity and risk, and evolve on their own. Leading organizations—including Fortune 10, Fortune 500, and Global 2000 companies, as well as prominent governments – trust SentinelOne to Secure Tomorrow™. Learn more at sentinelone.com.

    About High Wire Networks

    High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S.-based 24/7 Network Operations Center and Security Operations Center is in Chicago, Illinois.

    High Wire was ranked by Frost & Sullivan as a Top 15 Managed Security Service Provider in the Americas for 2024. It was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT-managed service providers for 2023 and 2024.

    Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.

    Forward-Looking Statements

    The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions, or circumstances upon which any statement is based except as required by applicable law and regulations.

    Media Contact:
    Lori Aleman
    Director of Marketing
    Phone: O: 630-635-8477 C: 602-920-0902
    Email: lori.aleman@highwirenetworks.com

    The MIL Network –

  • MIL-OSI: Helport AI Expands AI Solutions for the Insurance Industry with Enhanced Insurance Edition

    Source: GlobeNewswire (MIL-OSI)

    Collaboration with Five Insurance Agencies to Pilot Upgraded AI-Powered Software

    SINGAPORE and SAN DIEGO, March 18, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, announced today the official launch of the latest upgraded version of Helport AI Insurance Edition, an AI-powered solution designed specifically for the insurance sector.

    Helport AI has been serving insurance providers for years, offering AI-driven tools designed to optimize customer interactions, streamline claims processes, and enhance policy management. Building on this experience, the enhanced Insurance Edition software introduces new capabilities tailored for broader adoption across the U.S. market.

    As a key milestone for the Company, Helport AI has secured partnerships with five independently owned U.S. insurance agencies, all operating under a nationally recognized, top ten-ranked insurance franchise, to pilot the solution. The AI-powered platform is designed to improve policy recommendations, enhance operational efficiency, and provide real-time compliance monitoring—ultimately aiming to transform how insurance agencies interact with customers.

    Advancing AI Adoption in the Insurance Industry

    The insurance sector presents unique challenges, due to its complex regulatory requirements, broad product offerings, and reliance on expertise-driven decision-making. Traditional training models often lead to inconsistencies in service quality and extended onboarding times for new agents.

    Helport AI Insurance Edition, which initially targeted home and auto insurance sales, seeks to address these challenges by offering a series of capabilities that include:

    • AI-driven expertise: Industry-trained AI assists with policy analysis, risk assessment, claims consultation, and compliance interpretation, providing agents a tool to operate with expert-level knowledge.
    • Smart marketing and personalized recommendations: AI-powered analytics enhances customer profiling and product recommendations, helping improve conversion rates while adapting to client needs.
    • Real-time compliance and risk management: The platform assists with regulatory compliance by offering full-process oversight, which is expected to reduce human errors and strengthen trust between insurers and clients.
    • Data-driven business optimization: AI continuously analyzes customer conversations, feedback, and market trends, offering actionable insights to improve operational efficiency.

    Building on Our Track Record in Insurance AI

    With deployments across both Asian and U.S. insurance markets, Helport AI continues to expand AI adoption in the financial services sector. The upgraded Insurance Edition represents a significant leap forward, as agencies increasingly turn to AI to improve efficiency, enhance customer experiences, and streamline compliance processes.

    “The insurance industry has long relied on experience-based decision-making, but AI is now reshaping the landscape,” said Guanghai Li, CEO of Helport AI. “With our enhanced Helport AI Insurance Edition, we aim to equip insurance professionals with AI-powered expertise that improves service quality, drives sales, and simplifies compliance. With the launch of the new Insurance Edition, we hope to bring a new wave of AI-driven transformation.”

    Expanding AI Across Industries

    Beyond insurance, Helport AI has deployed industry-specific AI solutions across Business Process Outsourcing (“BPO”) call centers, consumer financing and debt collection, mortgage lending, and government services. With a foundation in sector-specific AI models, the Company is actively exploring future applications in healthcare, human resources and recruitment, and real estate.

    AI-Powered Transformation for the Insurance Industry

    The launch of the enhanced Helport AI Insurance Edition is anticipated to further strengthen Helport AI’s position in AI innovation within the insurance sector. By leveraging its AI technologies, the Company expects to continue to reshape how insurers operate, helping them make data-driven decisions, automate complex processes, and elevate customer interactions.

    About Helport AI

    Helport AI (NASDAQ: HPAI) is an AI technology company dedicated to optimizing customer communication through its digital platform and intelligent software solutions. Offering enterprise-level customer contact services, Helport AI’s mission is to empower everyone to work as an expert. Learn more at www.helport.ai.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, but not limited to, Helport AI’s business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on Helport AI’s current expectations and projections about future events that Helport AI believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions, although not all forward-looking statements contain these identifying words. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission.

    Helport AI Investor Relations:
    Website: https://ir.helport.ai/
    Email: ir@helport.ai

    External Investor Relations Contact:
    Chris Tyson 
    Executive Vice President
    MZ North America
    Direct: 949-491-8235
    HPAI@mzgroup.us
    www.mzgroup.us

    The MIL Network –

  • MIL-OSI United Kingdom: Gaza airstrikes must be “wake-up call” for genocide complicity

    Source: Scottish Greens

    18 Mar 2025 External Affairs

    UK arms sales are causing death and destruction in Gaza.

    More in External Affairs

    The UK government must end its complicity in genocide and finally halt arms sales to Israel, says Scottish Greens co-leader Patrick Harvie following news that over 330 Palestinians were killed in airstrikes on Gaza last night.

    With warnings from the United Nations that the majority of people killed in the war in Gaza are women and children, the Scottish Greens have renewed calls for the UK government to terminate arms sales to Israel.

    Mr Harvie said:

    “Under the terms of the ceasefire deal, Israel should have been withdrawing from Gaza by now, but instead they have violated the ceasefire by carrying out nothing less than a massacre.

    “The scale of horror that Israel is inflicting must serve as a wake-up call to our governments to end their role in genocide, and hold the Israeli Government to account for its war crimes.

    “Continuing to arm and support Israel can only lead to further destruction and even more lost lives. It is civilians who are paying the devastating cost of collective punishment, mass displacement and the destruction of schools, hospitals and homes.

    “With a Trump administration that doesn’t even pretend to care about Palestinian rights, the Israeli Government is clearly feeling empowered and knows that they will face no consequences.

    “We cannot allow this to continue any longer. There is a moral obligation on all governments to stop arming Israel and instead hold them accountable for their actions.”

    Mr Harvie also called for the Scottish Government to stop all financial support for companies who are profiting from the war, after reports that Scottish Enterprise has given over £1 million to organizations that arm Israel since the start of the war.

    Mr Harvie added:

    “The Scottish Government has rightly condemned UK complicity, but time and again it has refused to end support for the companies who are enabling and profiting from the killing. It is time for them to put their money where their mouth is and end their hypocrisy.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Derby Market Hall unveils first wave of traders, setting stage for grand reopening

    Source: City of Derby

    Derby City Council is excited to announce the first lineup of traders set to move into the revitalised Derby Market Hall, marking another milestone in the transformation of the historic Grade II-listed building. 

    Following a £35.1m restoration, the Market Hall will reopen its doors to the public on Saturday 24 May, marking a new era for Derby’s independent shopping, dining, and entertainment scene. 

    A curated mix of traditional and contemporary traders will be in place when the Market Hall reopens its doors, creating a vibrant hub in the heart of the city and blending the Market Hall’s rich history with a modern experience. 

    A legacy continues:

    • Amongst the first confirmed traders is one that has traded throughout the refurbishment works – Bailey’s Fishmongers. Derby’s last remaining fishmonger has been a trader in the Market Hall for 65 years and will continue to operate in their current location in the lock-up yard area. As a family-run business with over 100 years of experience, Bailey’s Fishmongers was originally founded by Stuart Bailey’s father, with Stuart working in the trade for more than 64 years. Fresh fish and seafood products will be on offer for customers and businesses alike.

    A world of local and international flavours:

    • Bringing a taste of Italy to Derby Market Hall, Caffé Prosecco is set to offer an elegant and modern take on Italian hospitality. Born out of a collection of award-winning bars, including venues that have claimed the Derby Food & Drink Award three years in a row, Caffé Prosecco is renowned for its service and premium selection of drinks. Offering a wide range of Proseccos and fine wines, the independent café promises a refined yet relaxed experience where customers can enjoy freshly brewed coffee, freshly baked croissants, indulgent cakes, and a selection of Pinchos and Cicchettis (traditionally enjoyed in Spanish and Italian bars). Gluten-free and alcohol-free options will also be available. 
    • Locally sourced produce will be at the heart of the revitalised Market Hall, with Derbyshire’s Own, run by Derby Uncovered CIC, set to champion the best of Derby and Derbyshire’s history and heritage. With a sole mission to provide residents and visitors with a wide and varied selection of groceries sourced exclusively from suppliers in Derby and Derbyshire, Derbyshire’s Own will support the local economy whilst promoting sustainability. Customers will also enjoy a wide range of locally produced food and drink.
    • Bold international flavours will be offered by Colombo Street, a multi-award-winning street food vendor offering visitors an authentic taste of Sri Lankan cuisine. Holding prestigious awards such as Sri Lankan Restaurant of the Year at the Nation’s Curry Awards 2024, the National Asian Food Awards 2023, and more, they are set to offer their signature Kottu dishes alongside a selection of flavourful Sri Lankan specialities.
    • Nico’s Gelato & Coffee is set to bring a taste of Italy to Derby. The Derby-based business will offer artisan gelato, hot drinks, and Italian pastries to residents and visitors. The business was founded by Nico, who began making gelato after moving from Italy to Derby, inspired by his memories of Italian summers. After over a decade of creating the perfect gelato recipes, Nico now sells gelato across the city. 

    Sustainably fashion forward:

    • With over 10 years of experience, vintage fashion trader Mardy Ducks will offer a selection of handpicked, on-trend, and affordable vintage clothing, including brands such as Carhartt, Ralph Lauren, Patagonia, and The North Face. At the heart of the brand’s mission is to extend the life cycle of clothing, reduce waste, and promote sustainability.
    • Also joining the fashion offer will be The Oddities Store (TOS), an award-winning luxury fashion brand. TOS specialise in made-to-order collections and deconstructed fashion pieces, transforming second-hand luxury materials into one-of-a-kind designs. As a Black-owned business, TOS uses its Afrocentric influences to blend timeless elegance with contemporary design, carefully handcrafting each individual garment. 

    Councillor Nadine Peatfield, Leader of Derby City Council and Cabinet Member for City Centre, Regeneration, Strategy and Policy, said:

    I am incredibly excited to announce the first traders who will be moving into Derby Market Hall when it reopens its doors on Saturday 24 May. From international street food to sustainable fashion, the new –and old- traders each have something truly special to offer to every resident and visitor.

    I am particularly excited to welcome the public into the revitalised Market Hall at a time when we are entering a new era for Derby’s independent shopping, dining, and entertainment scene. I am certain that the carefully curated set of traders will be met with much anticipation and will be a massive success for the Market Hall’s incredible offer.

    Located at the heart of the city centre, linking Derbion and St Peter’s Quarter with the Cathedral Quarter and Becketwell, the redeveloped Market Hall will play a key role in widening the diversity of the city centre and is expected to generate £3.64m for the local economy every year. 

    More traders are set to be announced in the coming weeks.

    Follow Derby Market Hall on Facebook and Instagram, or visit the website, to find out more. 

    MIL OSI United Kingdom –

  • MIL-OSI USA: Bessie Margolin, Labor Lawyer

    Source: US Global Legal Monitor

    Bessie Margolin was not born to privilege; she was left at the Jewish Orphans Home of New Orleans at four. She was fortunate to have a foundational education at the Newman School. She was admitted to Tulane Law School, the only woman in her class, and graduated with a liberal arts degree and a law degree, with honors, in 1930. The strong recommendations that she had from Tulane got her admitted to Yale Law School, where she worked as a research assistant and earned the Sterling Fellowship, the first woman to be awarded that honor. She graduated from Yale with a J.S.D. in May 1933. She immediately began working as a researcher for the Inter-American Commission of Women, mainly writing and conducting her research at the Library of Congress during that summer. (Trestman, 38.)

    Her first permanent post-degree position was at the new agency, the Tennessee Valley Authority (TVA), at a time when women formed only 2% of the legal profession. (Trestman, 41.) While at the TVA, where again she was the first female lawyer, she worked on several key cases, including a few that challenged the TVA’s existence, such as Ashwander v. Tennessee Valley

    KF26 .L3 1963e United States. Congress. Senate. Committee on Labor and Public Welfare. Equal Pay Act of 1963.
  • Earl Warren papers, box 832, Remarks, Dinner Marking Retirement of Bessie Margolin, Washington Hilton Hotel, January 28, 1972.
  • JK671.C52  Civil Service Journal.
  • KF3306 2016 The Employment Law Sourcebook / Eleanor L. Grossman, J.D., and Robert B. McKinney, J.D., of the staff of the National Legal Research Group, Inc., editors.

Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

MIL OSI USA News –

  • MIL-OSI: Alto Ingredients, Inc. Directors to Not Stand for Reelection

    Source: GlobeNewswire (MIL-OSI)

    PEKIN, Ill., March 18, 2025 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, today announced that two long-standing directors, Douglas L. Kieta and Michael D. Kandris, have decided they will not stand for reelection to the Alto Ingredients Board of Directors at the company’s 2025 Annual Meeting of Stockholders, scheduled for June 25, 2025.

    Bryon McGregor, President and Chief Executive Officer of Alto Ingredients said “Doug and Mike have been exceptional board members, and they have provided excellent service to the company and our stockholders. Doug’s depth and breadth of experience, intellectual curiosity, technical acumen, and unwavering determination has been pivotal to the many improvements and successes at Alto. Mike’s dedication to excellence as a board member, his sound leadership as Chief Operating Officer and CEO, and personal approach will leave an enduring positive impact on Alto’s culture and employees. On behalf of everyone at Alto Ingredients, I want to extend a heartfelt thanks to Doug and Mike for their remarkable years of service.”

    About Alto Ingredients, Inc.
    Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients. Leveraging the unique qualities of its facilities, the company serves customers in a wide range of consumer and commercial products in the Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels markets. For more information, please visit www.altoingredients.com.

    Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
    Statements and information contained in this communication that refer to or include Alto Ingredients’ estimated or anticipated future results or other non-historical expressions of fact are forward-looking statements that reflect Alto Ingredients’ current perspective of existing trends and information as of the date of the communication. Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “plan,” “could,” “should,” “estimate,” “expect,” “forecast,” “outlook,” “guidance,” “intend,” “may,” “might,” “will,” “possible,” “potential,” “predict,” “project,” or other similar words, phrases or expressions. Such forward-looking statements include, but are not limited to, statements concerning Alto Ingredients’ projected outlook and future performance, including the timing and effects of its cost savings initiatives and its acquisition of a liquid carbon dioxide processor adjacent to its Columbia plant; Alto Ingredients’ capital projects, including its carbon capture and storage (CCS) project and opportunities to optimize carbon; and Alto Ingredients’ other plans, objectives, expectations and intentions. It is important to note that Alto Ingredients’ plans, objectives, expectations and intentions are not predictions of actual performance. Actual results may differ materially from Alto Ingredients’ current expectations depending upon a number of factors affecting Alto Ingredients’ business and plans. These factors include, among others adverse economic and market conditions, including for renewable fuels, specialty alcohols and essential ingredients; export conditions and international demand for the company’s products; fluctuations in the price of and demand for oil and gasoline; raw material costs, including production input costs, such as corn and natural gas; adverse impacts of inflation and supply chain constraints; and the cost, ability to fund, timing and effects of, including the financial and other results deriving from, Alto Ingredients’ repair and maintenance programs, plant improvements and other capital projects, including CCS, and other business initiatives and strategies. These factors also include, among others, the inherent uncertainty associated with financial and other projections and large-scale capital projects, including CCS; the anticipated size of the markets and continued demand for Alto Ingredients’ products; the impact of competitive products and pricing; the risks and uncertainties normally incident to the alcohol production, marketing and distribution industries; changes in generally accepted accounting principles; successful compliance with governmental regulations applicable to Alto Ingredients’ facilities, products and/or businesses; changes in laws, regulations and governmental policies, including with respect to the Inflation Reduction Act’s tax and other benefits Alto Ingredients expects to derive from CCS; the loss of key senior management or staff; and other events, factors and risks previously and from time to time disclosed in Alto Ingredients’ filings with the Securities and Exchange Commission including, specifically, those factors set forth in the “Risk Factors” section contained in Alto Ingredients’ Quarterly Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2025.

    Company IR and Media Contact:
    Michael Kramer, Alto Ingredients, Inc., 916-403-2755
    Investorrelations@altoingredients.com

    IR Agency Contact:
    Kirsten Chapman, Alliance Advisors Investor Relations, 415-433-3777
    altoinvestor@allianceadvisors.com

    The MIL Network –

  • MIL-OSI: Bitcoin Depot Reports Fourth Quarter and Full Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Q4 Revenue of $136.8 Million Compared to $148.4 Million in the Prior Year Quarter

    Q4 Operating Expenses Down 16% Year-Over-Year to $15.0 Million

    Q4 Net Income up Significantly to $5.4 Million Compared to a Net Loss of $1.7 Million in the Prior Year Quarter

    Q4 Adjusted Gross Profit up 18% Year-Over-Year to $25.4 Million

    Q4 Adjusted EBITDA up 34% Year-Over-Year to $12.0 Million

    ATLANTA, March 18, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the fourth quarter and full year ended December 31, 2024. Bitcoin Depot will host a conference call and webcast at 10:00 a.m. ET today. An earnings presentation and link to the webcast will be made available at ir.bitcoindepot.com.

    “As we highlighted in our fourth-quarter pre-announcement, 2024 ended on a strong note, driven by sequential revenue growth and substantial improvements in adjusted EBITDA, both sequentially and year-over-year,” said Brandon Mintz, CEO and Founder of Bitcoin Depot. “In the fourth quarter, we made significant progress in expanding our Bitcoin ATM network and optimizing existing machines to enhance profitability — and the results speak for themselves.

    “Looking ahead, we are confident that the optimization efforts we implemented throughout 2024 will begin to positively impact our financial performance as we move through 2025. With our aggressive international and domestic kiosk expansion strategy, we anticipate that 2025 will mark a strong return to growth for the business. As part of this, we are reintroducing financial guidance, projecting robust growth in the first quarter. Additionally, we remain committed to leveraging our strong cash flow to drive shareholder value initiatives, including the potential for a cash dividend. We have also continued to strengthen our Bitcoin treasury holdings, recently increasing our total to 94 BTC, reflecting our confidence in Bitcoin as a valuable financial asset and an integral part of our business model.”

    Fourth Quarter 2024 Financial Results

    Revenue in the fourth quarter of 2024 was $136.8 million compared to $148.4 million in the fourth quarter of 2023. This decline was driven by the impact of unfavorable legislation that was passed in California that went into effect in January 2024, along with the Company’s continued process of relocating underperforming kiosks to optimize fleet profitability.

    Total operating expenses declined 16% to $15.0 million for the fourth quarter of 2024 compared to $17.8 million for the fourth quarter of 2023 due to the costs of going public in 2023 that did not recur in 2024.

    Net income for the fourth quarter of 2024 increased significantly to $5.4 million compared to a net loss of $1.7 million for the fourth quarter of 2023. The increase was due to lower depreciation and amortization and lower operating expenses in 2024.

    Adjusted gross profit, a non-GAAP measure, in the third quarter of 2024 increased 18% to $25.4 million from $21.6 million for the fourth quarter of 2023. Adjusted gross profit margin, a non-GAAP measure, in the fourth quarter of 2024 increased approximately 400 basis points to 18.6% compared to 14.5% in the fourth quarter of 2023. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Adjusted EBITDA, a non-GAAP measure, in the fourth quarter of 2024 increased 34% to $12.0 million compared to $9.0 million for the fourth quarter of 2023. The increase was primarily due to the higher net income. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Full Year 2024 Financial Results

    Revenue in 2024 was $573.7 million from $689.0 million in 2023. This decline was largely driven by the impact of unfavorable legislation that was passed in California that went into effect in January 2024, along with the Company’s continued process of relocating underperforming kiosks in order to optimize fleet profitability.

    Total operating expenses declined 5% to $67.2 million compared to $70.6 million in 2023 due to the costs of going public in 2023 that did not recur in 2024 as well as other cost saving measures.

    Net income in 2024 increased by 432% to $7.8 million compared to $1.5 million in 2023. The increase was primarily due to expenses with going public in 2023 that did not recur in 2024 along with other expense reductions.

    Adjusted gross profit, a non-GAAP measure, in 2024 was $91.4 million compared to $101.0 million in 2023. The adjusted gross profit margin, a non-GAAP measure, in 2024 increased 120 basis points to 15.9% compared to 14.7% in 2023. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Adjusted EBITDA, a non-GAAP measure, in 2024 was $38.7 million compared to $56.3 million in 2023. The decline was due to the lower revenue. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Cash, cash equivalents, and cryptocurrencies were $31.0 million as of the end of 2024 compared to $30.5 million at the end of 2023.

    Q1 2025 Outlook

    Q1 2025 is off to a very strong start as we continue to see growth from our relocation strategy. We anticipate Q1 revenues to be between $151 million and $154 million which would represent growth of between 9% and 11% compared to Q1 2024.

    We are projecting adjusted EBITDA for Q1 2025 to be between $12 million and $14 million which would represent growth of over 200% compared to Q1 of 2024.

    Conference Call

    Bitcoin Depot will hold a conference call at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) today to discuss its financial results for the fourth quarter and full year ended December 31, 2024.

    Call Date: Tuesday, March 18, 2025 
    Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time) 

    Phone Instructions
    U.S. dial-in: 646-968-2525
    International dial-in: 888-596-4144
    Conference ID: 8224936

    Webcast Instructions
    Webcast link: https://edge.media-server.com/mmc/p/8kgtbeme

    A replay of the call will be available beginning after 2:00 p.m. Eastern time through March 25, 2025.

    U.S. & Canada replay number: 800-770-2030
    U.S. toll number: 609-800-9909
    Conference ID: 8224936

    If you have any difficulty connecting with the conference call, please contact Bitcoin Depot’s investor relations team at 1-949-574-3860.

    About Bitcoin Depot

    Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with over 8,400 kiosk locations as of February 25, 2025. Learn more at www.bitcoindepot.com. 

    Cautionary Statement Regarding Forward-Looking Statements

    This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, our ability to strengthen our financial profile, and worldwide growth in the adoption and use of cryptocurrencies. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,“ ”plan,“ ”potential,“ ”priorities,“ ”project,“ ”pursue,“ ”seek,“ ”should,“ ”target,“ ”when,“ ”will,“ ”would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.

    These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; risks relating to the uncertainty of our projected financial information; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.

    We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

     
    BITCOIN DEPOT INC.
    CONSOLIDATED BALANCE SHEETS
    (in thousands, except share and per share amounts)
     
        As of December 31,  
        2024     2023  
    Assets            
    Current:            
    Cash and cash equivalents   $ 29,472     $ 29,759  
    Cryptocurrencies     1,510       712  
    Accounts receivable     275       245  
    Prepaid expenses and other current assets     3,076       3,514  
    Total current assets     34,333       34,230  
    Property and equipment:            
    Furniture and fixtures     635       635  
    Leasehold improvements     172       172  
    Kiosk machines – owned     36,831       24,222  
    Kiosk machines – leased     10,367       20,524  
    Total property and equipment     48,005       45,553  
    Less: accumulated depreciation     (21,158 )     (20,699 )
    Total property and equipment, net     26,847       24,854  
    Intangible assets, net     2,320       3,836  
    Goodwill     8,717       8,717  
    Operating lease right-of-use assets, net     2,595       484  
    Deposits     734       412  
    Deferred tax assets     4,558       1,804  
    Total assets   $ 80,104     $ 74,337  
     
    BITCOIN DEPOT INC.
    CONSOLIDATED BALANCE SHEETS
    (in thousands, except share and per share amounts)
     
        As of December 31,  
        2024     2023  
    Liabilities and Stockholders’ (Deficit) Equity            
    Current:            
    Accounts payable   $ 11,557     $ 8,337  
    Accrued expenses and other current liabilities     14,260       18,505  
    Notes payable     6,022       3,985  
    Income taxes payable     2,207       2,484  
    Deferred revenue     20       297  
    Operating lease liabilities, current portion     858       279  
    Current installments of obligations under finance leases     3,446       6,801  
    Other non-income tax payable     2,259       2,297  
    Total current liabilities     40,629       42,985  
    Long-term liabilities            
    Notes payable, non-current     49,457       17,101  
    Operating lease liabilities, non-current     1,774       319  
    Obligations under finance leases, non-current     1,950       2,848  
    Deferred income tax, net     604       846  
    Tax receivable agreement liability due to related party     2,176       865  
    Total Liabilities     96,590       64,964  
    Commitments and Contingencies (Note 24)            
    Stockholders’ (Deficit) Equity            
    Series A Preferred Stock, $0.0001 par value; 50,000,000 authorized, 1,733,884 and 3,125,000 shares issued and outstanding, at December 31, 2024 and 2023, respectively     —       —  
    Class A common stock, $0.0001 par value; 800,000,000 authorized, 19,263,164 and 13,602,691 shares issued, and 19,072,544 and 13,482,047 shares outstanding at December 31, 2024 and 2023, respectively     1       1  
    Class B common stock, $0.0001 par value; 20,000,000 authorized, no shares issued and outstanding at December 31, 2024 and 2023, respectively     —       —  
    Class E common stock, $0.0001 par value; 2,250,000 authorized, 1,075,761 shares issued and outstanding at December 31, 2024 and 2023, respectively     —       —  
    Class M common stock, $0.0001 par value; 300,000,000 authorized, no shares issued and outstanding at December 31, 2024 and 2023, respectively     —       —  
    Class O common stock, $0.0001 par value; 800,000,000 authorized, no shares issued and outstanding at December 31, 2024 and 2023, respectively     —       —  
    Class V common stock, $0.0001 par value; 300,000,000 authorized, 41,193,024 and 44,100,000 shares issued and outstanding at December 31, 2024 and 2023, respectively     4       4  
    Treasury stock     (437 )     (279 )
    Additional paid-in capital     21,491       17,326  
    Accumulated deficit     (44,349 )     (32,663 )
    Accumulated other comprehensive loss     (342 )     (203 )
    Total Stockholders’ (Deficit) Attributable to Bitcoin Depot Inc.     (23,632 )     (15,814 )
    Equity attributable to non-controlling interests     7,146       25,187  
    Total Stockholders’ (Deficit) Equity     (16,486 )     9,373  
    Total Liabilities and Stockholders’ (Deficit) Equity   $ 80,104     $ 74,337  

       

     
    BITCOIN DEPOT INC.
    CONSOLIDATED STATEMENTS OF (LOSS) INCOME AND COMPREHENSIVE (LOSS) INCOME
    (UNAUDITED)
    (in thousands, except share and per share amounts)
     
      Year ended December 31,     Three Months Ended December 31,  
      2024     2023     2024     2023  
    Revenue $ 573,703     $ 688,967     $ 136,827     $ 148,406  
    Cost of revenue (excluding depreciation and amortization)   482,263       587,938       111,415       126,851  
    Operating expenses:               —       —  
    Selling, general, and administrative   57,158       57,770       13,096       14,525  
    Depreciation and amortization   10,072       12,788       1,888       3,234  
    Total operating expenses   67,230       70,558       14,984       17,759  
    Income from operations   24,210       30,471       10,428       3,796  
    Other (expense) income:               –       –  
    Interest (expense)   (14,199 )     (11,926 )     (3,468 )     (1,806 )
    Other (expense) income   406       (16,737 )     263       (2,713 )
    Loss on foreign currency transactions   (465 )     (289 )     (171 )     76  
    Total other (expense), net   (14,258 )     (28,952 )     (3,376 )     (4,443 )
    Income before provision for income taxes and non-controlling interest   9,952       1,519       7,052       (647 )
    Income tax (expense)   (2,138 )     (49 )     (1,659 )     (1,026 )
    Net income $ 7,814     $ 1,470     $ 5,393     $ (1,673 )
    Net income attributable to Legacy Bitcoin Depot unit holders   —       12,906       —       —  
    Net income attributable to non-controlling interest   19,500       14,666       12,041       6,635  
    Net (loss) attributable to Bitcoin Depot Inc. $ (11,686 )   $ (26,102 )   $ (6,648 )   $ (8,308 )
    Other comprehensive income (loss), net of tax               —       —  
    Net income   7,814       1,470       5,393       (1,673 )
    Foreign currency translation adjustments   34       (4 )     35       (70 )
    Total comprehensive income   7,848       1,466       5,428       (1,743 )
    Comprehensive income attributable to Legacy Bitcoin Depot unit holders   —       12,885       —       —  
    Comprehensive income attributable to non-controlling interest   19,500       14,683       12,041       6,565  
    Comprehensive (loss) attributable to Bitcoin Depot Inc. $ (11,652 )   $ (26,102 )   $ (6,613 )   $ (8,308 )

    Explanation and Reconciliation of Non-GAAP Financial Measures

    Bitcoin Depot reports its financial results in accordance with accounting principles generally accepted in the United States of America (“GAAP”). This press release includes both historical and projected Adjusted EBITDA, Adjusted Gross Profit, and certain ratios and other metrics derived therefrom such as Adjusted EBITDA margin and Adjusted Gross Profit margin, which are not prepared in accordance with GAAP.

    Bitcoin Depot defines Adjusted EBITDA as net income before interest expense, income tax expense, depreciation and amortization, non-recurring expenses, share-based compensation, expenses related to the PIPE financing and miscellaneous cost adjustments. Such items are excluded from Adjusted EBITDA because these items are non-cash in nature, or because the amount and timing of these items is unpredictable, not driven by core results of operations and renders comparisons with prior periods and competitors less meaningful. In addition, Bitcoin Depot defines Adjusted Gross Profit (a non-GAAP financial measure) as revenue less cost of revenue (excluding depreciation and amortization) and depreciation and amortization adjusted to add back depreciation and amortization. Bitcoin Depot believes Adjusted EBITDA and Adjusted Gross Profit each provide useful information to investors and others in understanding and evaluating Bitcoin Depot’s results of operations, as well as provide a useful measure for period-to-period comparisons of Bitcoin Depot’s business performance. Adjusted EBITDA and Adjusted Gross Profit are each key measurements used internally by management to make operating decisions, including those related to operating expenses, evaluate performance and perform strategic and financial planning. However, you should be aware that Adjusted EBITDA and Adjusted Gross Profit are not measures of financial performance calculated in accordance with GAAP and may exclude items that are significant in understanding and assessing Bitcoin Depot’s financial results, and further, that Bitcoin Depot may incur future expenses similar to those excluded when calculating these measures. Bitcoin Depot primarily relies on GAAP results and uses both Adjusted EBITDA and Adjusted Gross Profit on a supplemental basis. Neither Adjusted EBITDA or Adjusted Gross Profit should be considered in isolation from, or as an alternative to, net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP and may not be indicative of Bitcoin Depot’s historical or future operating results. Bitcoin Depot’s computation of both Adjusted EBITDA and Adjusted Gross Profit may not be comparable to other similarly titled measures computed by other companies because not all companies calculate such measures in the same fashion. As such, undue reliance should not be placed on such measures.

    Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from the projections of Adjusted EBITDA, together with some of the excluded information not being ascertainable or accessible, Bitcoin Depot is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. Consequently, no disclosure of estimated comparable GAAP measures is included and no reconciliation of the forward-looking non-GAAP financial measures is included.

    The following table presents a reconciliation of Net (loss) income to Adjusted EBITDA for the periods indicated: 

     
    BITCOIN DEPOT INC.
    RECONCILIATION OF NET (LOSS) INCOME TO ADJUSTED EBITDA
    (UNAUDITED)
     
      Year Ended December 31,     Three Months Ended December 31,  
    (in thousands) 2024     2023     2024     2023  
    Net income (loss) $ 7,814     $ 1,470     $ 5,393     $ (1,673 )
    Adjustments:                      
    Interest expense   14,199       11,926       3,468       1,806  
    Income tax (benefit) expense   2,138       49       1,659       1,026  
    Depreciation and amortization   10,072       12,788       1,888       3,234  
    Expense related to the PIPE transaction (1)   —       14,896       —       2,615  
    Non-recurring expenses (2)   437       9,298       (767 )     1,634  
    Share-based compensation   3,400       2,524       363       1,198  
    Special bonus (3)   675       3,040       —       (875 )
    Expenses associated with the termination of the phantom equity participation plan   —       350       —       —  
    Adjusted EBITDA $ 38,735     $ 56,341     $ 12,004     $ 8,965  
    Adjusted EBITDA margin (4)   6.8 %     8.2 %     8.8 %     7.8 %
                                   
    (1) Amounts include the recognition of a non-cash expense of $13.9 million related to the PIPE transaction for the year ended December 31, 2023, entered into as of close of the Merger on June 30, 2023.

    (2) Comprised of non-recurring professional service fees incurred by the Company related to the close of the Transaction.

    (3) Amount includes (A) Transaction bonus and related taxes to employees of approximately $1.4 million and (B) Founder Transaction bonus as a result of close of the Merger, of approximately $1.6 million, recognized as share-based compensation, for the year ended December 31, 2023.

    (4) Adjusted EBITDA margin is defined as Adjusted EBITDA divided by revenue. The Company uses this measure to evaluate its overall profitability.
     

    The following table presents a reconciliation of revenue to Adjusted Gross Profit for the periods indicated:

     
    BITCOIN DEPOT INC.
    RECONCILIATION OF REVENUE TO ADJUSTED GROSS PROFIT
    (UNAUDITED)
     
      Year Ended December 31,     Three Months Ended December 31,  
    (in thousands) 2024     2023     2024     2023  
    Revenue $ 573,703     $ 688,967     $ 136,827     $ 148,406  
    Cost of revenue (excluding depreciation and
    amortization)    		   (482,263 )     (587,938 )     (111,415 )     (126,851 )
    Depreciation and amortization excluded from cost of revenue   (9,984 )     (12,455 )     (1,894 )     (2,901 )
    Gross profit $ 81,456     $ 88,574     $ 23,518     $ 18,654  
    Adjustments:                      
    Depreciation and amortization excluded from cost of revenue $ 9,984     $ 12,455     $ 1,894     $ 2,901  
    Adjusted gross profit $ 91,440     $ 101,029     $ 25,412     $ 21,555  
    Gross profit margin (1)   14.2 %     12.9 %     17 %     13 %
    Adjusted gross profit margin (1)   15.9 %     14.7 %     19 %     15 %
                                   
    (1) Calculated as a percentage of revenue.
     

    Contacts:

    Investors 
    Cody Slach,
    Gateway Group, Inc. 
    949-574-3860 
    BTM@gateway-grp.com

    Media 
    Zach Kadletz, Brenlyn Motlagh, Ryan Deloney 
    Gateway Group, Inc.
    949-574-3860 
    BTM@gateway-grp.com

    The MIL Network –

  • MIL-OSI: Ascent Solar Technologies Publishes Business Update on Progress to Establish Long-Term Revenue Through Space Solar Solutions Underway

    Source: GlobeNewswire (MIL-OSI)

    THORNTON, Colo., March 18, 2025 (GLOBE NEWSWIRE) — Ascent Solar Technologies (“Ascent” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today reported on its commercial progress and achievement of stated annual goals as the Company continues to execute upon its 2025 growth initiatives.

    Ascent is currently engaged with multiple strategic partners in the space market, including a major defense contractor, multiple deployable technology companies, as well as a satellite company to complete extensive integration testing of the Company’s unique thin-film CIGS solar technology. The expected result of successful testing and integration of Ascent’s technology is to secure long-term agreements for consistent annual revenue with a diverse set of customers in the space market.

    “I am happy to report that Ascent’s challenging turnaround process is in the rear-view mirror, as our products now regularly achieve the higher device performance needed to meet customer needs for space-based power,” said Paul Warley, CEO of Ascent Solar Technologies. “Our latest solar efficiency milestones are opening new revenue streams driven by the increasing demand to power space vehicles and beam solar energy. Ascent products – all produced domestically in our facility in Thornton, CO – are uniquely poised to reliably meet that demand in the harsh environment of space, reducing costs and increasing operational efficiency for customers in the public, private and government sectors.”

    Ascent’s leadership team looks forward to building upon its success for the remainder of 2025 and is eager to update its stockholder community with impactful Company announcements and milestones as they are finalized. Interested parties seeking to learn more about the Company, its products/technology, and market opportunity are encouraged to visit https://www.ascentsolar.com or email IR@ascentsolar.com.

    About Ascent Solar Technologies, Inc.

    Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability, and resilience matter. Ascent’s photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial/commercial construction as well as an extensive range of consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar’s research and development center and 5-MW nameplate production facility is in Thornton, Colorado. To learn more, visit https://www.ascentsolar.com.

    Forward-Looking Statements

    Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements” including statements about the financing transaction, our business strategy, and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations, and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “will,” “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company’s filings with the Securities and Exchange Commission including those discussed under the heading “Risk Factors” in our most recently filed reports on Forms 10-K and 10-Q.

    Media Contact

    Spencer Herrmann
    FischTank PR
    ascent@fischtankpr.com

    The MIL Network –

  • MIL-OSI: Motion Ventures launches largest-ever maritime tech fund at $100M to meet the industry’s new pace of adoption

    Source: GlobeNewswire (MIL-OSI)

    Singapore, March 18, 2025 (GLOBE NEWSWIRE) — Motion Ventures has unveiled its US$100 million second fund (Motion Ventures Fund II or “Fund II”) the largest maritime-focused tech fund to date. 

    “We launched Motion Ventures with the belief that maritime is entering a new era—one where technology, capital, and industry collaboration converge to redefine the sector’s trajectory. In recent years, we’ve seen digitalisation and decarbonisation shift from ideas to industry imperatives. Fund II goes beyond writing bigger checks; it’s about uniting the right founders, corporate leaders, and strategic allies to accelerate an industry-wide shift, ensuring that solutions can be tested, adopted, and scaled faster than ever before,” said Shaun Hon, Founder and General Partner of Motion Ventures.

    Over the next 18–24 months, Fund II aims to deploy cheques of US$250,000 to US$10,000,000 into at least 25 companies, targeting solutions that digitise and decarbonise the global maritime supply chain. 

    The Motion Ventures team, investors and advisors. 

    By design, the new fund can now back startups developing more asset-intensive hardware solutions, recognising that maritime innovation demands solutions beyond software alone—an evolution spurred by growing corporate demand for deeper, faster progress in sustainability, vessel operations, and port modernisation.

    To date, Motion Ventures has raised more than half of Fund II’s target with investments already deployed in OceanScore and Fernride. These developments cement Motion Ventures position as maritime’s most active investor, having done more than 30 investments across Fund I and Fund II, while expanding its industry consortium to 17 major maritime and supply chain stakeholders across both funds—the broadest partnership of its kind.

    Fund II builds on the proven track record of Motion Ventures’ inaugural fund. Launched in 2021, Motion Ventures Fund I has already generated two profitable exits, placing the firm in the top 10% of 2021 vintage VC funds globally. The firm’s broader deal pipeline is underscored by a rigorous investment process, which has seen them evaluate more than 8,000 startups since its inception in 2021.

    Nakul Malhotra, Vice President – Emerging Opportunities Portfolio at Wilhelmsen Group said: Being part of Motion Ventures’ journey from a concept into one of the most active maritime investors has been remarkable. We value industry collaboration and are impressed to see the dedication and focus they bring to the early-stage venture capital space for an industry that is hungry for innovative solutions with robust value propositions. With Fund II, they’re scaling that impact even further, and we’re proud to remain a cornerstone partner on this journey.”

    Albrecht Grell, Managing Director of OceanScore said: “Maritime is the backbone of commerce, but it’s time to move faster and bolder, especially when building digital solutions in the compliance space. Shaun and the Motion Ventures team get that. Having them on our cap table has fast-tracked our expansion into new markets and helped to unlock access to a strategic network within the shipping community. With their support and deep sector expertise, we’re on track to building our global leadership in maritime compliance solutions.

    ⁠Jan Holm, Advisor to Motion Ventures said: “The maritime industry is no stranger to complexity, but the challenges we face now—from lowering emissions to digitizing operations—require a new level of collaboration. By pairing ambitious founders with strategic backers, Fund II represents a crucial step forward: bringing together fresh solutions, both digital and hardware-based, and fast-tracking their path to scale. It’s a boost this industry has been waiting for.”

    This consortium-driven approach is the cornerstone of Motion Ventures’ value creation. The Motion Ventures Alliance, a network of over 80 seasoned maritime executives, provides portfolio companies with expert mentorship, enterprise access, and swift pilot opportunities.

    Looking ahead, Motion Ventures aims to be the catalyst that transforms global maritime supply chains, now backed by the largest dedicated fund in the sector’s history. The maritime digitisation market alone is projected to reach $423.4 billion by 2031, and mounting pressure from regulators and customers alike demands faster progress. Fund II will harness that momentum, uniting startups and industry leaders to deliver cleaner, more efficient operations and, ultimately, shape the future of maritime commerce.

    ENDS

    Media images can be found here. 

    About Motion Ventures 
    Motion Ventures is a venture capital fund catalysing digital and energy transitions across global supply chains. Backed by a unique network of corporate leaders, industry executives, and government partners, we empower founders to navigate complexities and achieve unparalleled success. Our collaborative approach, engaging stakeholders across and beyond the maritime sector, drives transformative changes that reshape global supply chains. For more information please visit: https://www.motion.vc/ 

    The MIL Network –

  • MIL-OSI: CURRENC to Develop 500MW Hyperscale AI Data Center in Malaysia

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced plans to acquire 100 acres of land in Johor, Malaysia, to build a hyperscale Artificial Intelligence Data Center (AIDC).

    Featuring a total planned capacity of 500MW, the 100-acre AIDC campus will be developed in phases. Phase 1, comprising 100MW, is targeted for completion and operation by the end of 2026. The campus will provide co-location and wholesale leasing solutions to hyperscalers, enterprise clients, and other data center users, catering to diverse needs and ensuring a robust tenant base. Upon completion, the facility is expected to be one of Southeast Asia’s largest AIDCs and will serve as a cornerstone in CURRENC’s strategy to accelerate financial institutions’ adoption of AI technology.

    The Company is currently in discussions with anchor tenants. Construction of each phase of the facility will commence once the Company has secured long-term tenants to occupy a substantial portion of that phase’s planned capacity.

    “This investment marks the beginning of a new chapter in CURRENC’s development, complementing our existing portfolio of AI tools for financial institutions,” said Alex Kong, Founder and Executive Chairman of CURRENC. “With open-source models such as DeepSeek and Qwen quickly reducing the cost of AI deployment and large language model training, AI is rapidly becoming a necessity to remain competitive in the financial industry, boosting global demand for AI technology and support. Our new AIDC will deliver unmatched computing power as well as the flexible, scalable infrastructure that financial institutions require to implement AI throughout their operations and thrive in the digital era. Bolstered by our AIDC, CURRENC’s comprehensive AI solutions will continue to lower entry barriers for financial institutions to adopt AI, empowering growth across the financial industry and leading the digital transformation in Southeast Asia and beyond.”

    Johor, located approximately 20 kilometers north of Singapore, is rapidly emerging as Asia-Pacific’s fastest-growing data center hub. The region offers outstanding international data connectivity with direct fiber optic links to Singapore, reliable power infrastructure and attractive tax incentives for both operators and employees offered by the Malaysian government. These favorable conditions position Malaysia as a prime destination for data center operations, particularly catering to the burgeoning demand across the ASEAN region.

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered tools designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies, cryptocurrency exchanges and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Investor & Media Contact
    CURRENC Group Investor Relations
    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI: Alto Ingredients, Inc. Enters into Letter Agreement with Bradley L. Radoff and Michael Torok

    Source: GlobeNewswire (MIL-OSI)

    PEKIN, Ill., March 18, 2025 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, today announced that it has entered into a letter agreement (the “Letter Agreement”) with Bradley L. Radoff and Michael Torok (collectively with their affiliates, the “Radoff/Torok Group”), under which the Radoff/Torok Group has agreed that during the period commencing on the date of the Letter Agreement until the date that is the earlier to occur of (i) thirty (30) days prior to the deadline for delivery of notice under the Company’s Amended and Restated Bylaws for the nomination of director candidates for election to the Board of Directors (the “Board”) at Alto Ingredients, Inc.’s (the “Company”) 2026 Annual Meeting of Stockholders (the “2026 Annual Meeting”) or (ii) one hundred twenty (120) days prior to the first anniversary of the 2025 Annual Meeting of Stockholders of the Company, currently scheduled for June 25, 2025 (the “Standstill Period”), at each annual or special meeting of the stockholders of the Company, the Radoff/Torok Group will cause all shares of the Company’s common stock beneficially owned by it in favor of all directors nominated by the Board for election and otherwise in accordance with the recommendations of the Board, and against the election of any director nominee not so recommended by the Board.

    Pursuant to the terms of the Letter Agreement, the Radoff/Torok Group has also agreed to customary standstill and other provisions. The full text of the Letter Agreement will be filed as an exhibit to a Current Report on Form 8-K with the U.S. Securities and Exchange Commission.

    About Alto Ingredients, Inc.
    Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients. Leveraging the unique qualities of its facilities, the company serves customers in a wide range of consumer and commercial products in the Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels markets. For more information, please visit www.altoingredients.com.

    Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
    Statements and information contained in this communication that refer to or include Alto Ingredients’ estimated or anticipated future results or other non-historical expressions of fact are forward-looking statements that reflect Alto Ingredients’ current perspective of existing trends and information as of the date of the communication. Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “plan,” “could,” “should,” “estimate,” “expect,” “forecast,” “outlook,” “guidance,” “intend,” “may,” “might,” “will,” “possible,” “potential,” “predict,” “project,” or other similar words, phrases or expressions. Such forward-looking statements include, but are not limited to, statements concerning Alto Ingredients’ projected outlook and future performance, including the timing and effects of its cost savings initiatives and its acquisition of a liquid carbon dioxide processor adjacent to its Columbia plant; Alto Ingredients’ capital projects, including its carbon capture and storage (CCS) project and opportunities to optimize carbon; and Alto Ingredients’ other plans, objectives, expectations and intentions. It is important to note that Alto Ingredients’ plans, objectives, expectations and intentions are not predictions of actual performance. Actual results may differ materially from Alto Ingredients’ current expectations depending upon a number of factors affecting Alto Ingredients’ business and plans. These factors include, among others adverse economic and market conditions, including for renewable fuels, specialty alcohols and essential ingredients; export conditions and international demand for the company’s products; fluctuations in the price of and demand for oil and gasoline; raw material costs, including production input costs, such as corn and natural gas; adverse impacts of inflation and supply chain constraints; and the cost, ability to fund, timing and effects of, including the financial and other results deriving from, Alto Ingredients’ repair and maintenance programs, plant improvements and other capital projects, including CCS, and other business initiatives and strategies. These factors also include, among others, the inherent uncertainty associated with financial and other projections and large-scale capital projects, including CCS; the anticipated size of the markets and continued demand for Alto Ingredients’ products; the impact of competitive products and pricing; the risks and uncertainties normally incident to the alcohol production, marketing and distribution industries; changes in generally accepted accounting principles; successful compliance with governmental regulations applicable to Alto Ingredients’ facilities, products and/or businesses; changes in laws, regulations and governmental policies, including with respect to the Inflation Reduction Act’s tax and other benefits Alto Ingredients expects to derive from CCS; the loss of key senior management or staff; and other events, factors and risks previously and from time to time disclosed in Alto Ingredients’ filings with the Securities and Exchange Commission including, specifically, those factors set forth in the “Risk Factors” section contained in Alto Ingredients’ Quarterly Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2025.

    Company IR and Media Contact:                 
    Michael Kramer, Alto Ingredients, Inc., 916-403-2755
    Investorrelations@altoingredients.com

    IR Agency Contact:
    Kirsten Chapman, Alliance Advisors Investor Relations, 415-433-3777
    altoinvestor@allianceadvisors.com

    The MIL Network –

  • MIL-OSI China: 6 killed in aircraft crash off Roatan Island

    Source: China State Council Information Office 3

    Honduran National Police officers and rescue teams from the Honduran government work in rescue operations after a small plane crashed into the sea, on Roatan island, Honduras, on March 17, 2025. [Photo/Xinhua]

    At least six people were killed after a small plane lost control and crashed on Monday evening upon taking off from Roatan Island in northern Honduras, said Octavio Pineda, minister of Infrastructure and Transportation of Honduras.

    The plane carried 18 people, including 15 passengers and three crew members, said the official.

    The aircraft lost power upon takeoff and fell into the sea some 1 km from the side of the airstrip, Miroslava Cerpas, the presidential commissioner of the National 911 Emergency System of Honduras told Xinhua.

    The aircraft of the Lanhsa company was carrying out a local flight from the Juan Manuel Galvez International Airport in Roatan to the city of La Ceiba.

    MIL OSI China News –

  • MIL-OSI China: White House rejects demand for Statue of Liberty’s return to France

    Source: China State Council Information Office 3

    The White House on Monday rejected a French politician’s demand for the return of the Statue of Liberty to France.

    “Absolutely not,” White House press secretary Karoline Leavitt told a televised press briefing, in response to the demand by French member of the European Parliament Raphael Glucksmann.

    “My advice to that unnamed low-level French politician would be to remind them that it’s only because of the United States of America that the French are not speaking German right now,” Leavitt said, seemingly referencing the American-French alliance during World War II against Nazi Germany.

    Glucksmann on Sunday said he does not think that the United States represents the values of the Statue of Liberty anymore and called for its return to France.

    The statue was officially unveiled on Oct. 28, 1886, in New York, gifted to America as “a symbol of freedom, inspiration, and hope,” according to the monument’s official website.

    The statue, situated at the New York Harbor, was later seen as a symbol of welcome by immigrants arriving by sea. Today, it is a top tourist site in New York City. 

    MIL OSI China News –

  • MIL-OSI China: Israel launches airstrikes across Gaza

    Source: China State Council Information Office

    The Israeli army conducted on Tuesday intense airstrikes on the northern and central Gaza Strip, marking the most violent escalation since the ceasefire, according to local sources and eyewitnesses.

    Palestinian medical and security sources told Xinhua that Israeli warplanes launched raids of unprecedented scale, triggering successive explosions in several areas of northern and central Gaza.

    The sources said that the Israeli army has killed over 200 Palestinians in the coastal enclave.

    In an initial statement, the Palestinian Civil Defense said that Israeli aircraft targeted homes, mosques, schools and shelters, resulting in significant casualties.

    “Our crews are facing great difficulties due to the size and number of targets being struck simultaneously,” the civil defense added.

    Israeli Prime Minister Benjamin Netanyahu’s office announced early Tuesday that Netanyahu and the country’s Defense Minister Israel Katz had ordered the military to “operate against Hamas with increasingly powerful military force.”

    According to the statement, the move followed what it described as Hamas’s “repeated refusal to release hostages” and rejection of proposals presented by U.S. envoy Steve Witkoff and other mediators.

    The Israel Defense Forces (IDF) was conducting “extensive strikes” on Hamas targets, it said.

    The statement added that the strikes are being carried out under an operational plan presented by the IDF over the weekend and approved by the political leadership.

    Katz warned in a separate statement that if Hamas does not release all hostages, “the gates of hell will open in Gaza,” and Hamas will encounter the Israeli military “with an intensity they have never known before.”

    Israel’s state-owned Army Radio said that the move indicated the fragile ceasefire between Israel and Hamas, which took effect on Jan. 19, “has collapsed.”

    MIL OSI China News –

  • MIL-OSI China: Over 200 Palestinians killed in Israeli airstrikes on Gaza

    Source: China State Council Information Office

    The Israeli army killed at least 200 Palestinians and wounded dozens more during the intensifying airstrikes on various places in Gaza, the Hamas-run government media office said Tuesday.

    In a press statement, the office said that the Israeli raids targeted densely populated residential areas in the south, north and center of the Strip, as well as camps for displaced persons.

    “The strikes caused significant material damage and left dozens trapped under the rubble, while rescue teams faced severe challenges in reaching the victims due to the ongoing bombardment,” it said.

    The past few hours have witnessed a sharp military escalation, with Israeli warplanes launching successive raids on residential neighborhoods in Gaza City, the southern city of Khan Yunis and the town of Jabalia in the north.

    Palestinian eyewitnesses told Xinhua that they heard powerful explosions that echoed throughout the Strip as civil defense crews rushed to pull victims from beneath the debris.

    Medical sources in Gaza said that hospitals are operating beyond capacity amid a severe shortage of medical supplies, making it increasingly difficult to treat heavy casualties.

    Ambulance services have been disrupted as the ongoing airstrikes have destroyed roads and infrastructure, further complicating rescue efforts.

    The latest escalation comes after Israel announced the resumption of attacks on Gaza, citing Hamas’s rejection of U.S.-brokered proposals to extend the first phase of the ceasefire agreement.

    Hamas, in turn, accused Israel of violating the ceasefire that took effect on Jan. 19 and called on mediators to pressure Israel to halt the military campaign. 

    MIL OSI China News –

  • MIL-OSI United Kingdom: Sellafield Ltd and AtkinsRéalis reach new robotics milestone

    Source: United Kingdom – Executive Government & Departments

    News story

    Sellafield Ltd and AtkinsRéalis reach new robotics milestone

    A team of remote technology specialists have achieved an industry first at Sellafield by successfully operating a robot remotely from an off-site location.

    SPOT the quadrupedal robot dog was controlled remotely at a safe location at Sellafield

    Operators working from an immersive room at the Westlakes Science Park in Whitehaven, West Cumbria have proven they can remotely operate a robot on the Sellafield site safely and securely, with huge potential for the future of our clean-up mission.

    The immersive room at Westlakes enables remote operations via secure virtual access

    Sellafield Ltd is part of the NDA group, which is responsible for decommissioning 17 of the earliest nuclear sites across the UK. For the last 2 years we’ve embraced the use of quadrupedal robots through the RAICo programme and our supply chain. 

    More recently we’ve worked with AtkinsRéalis on the integrated remote monitoring project to deploy a customised Boston Dynamics Spot Quadrupedal Robotic ‘dog’ for a range of tasks including remote inspections, data gathering and clean-up work.

    The latest trial takes remote operations a step further by removing the operator from the nuclear site all together, thanks to a highly secure virtual access network and live-streamed footage.

    Deon Bulman, ROV equipment programme lead at Sellafield Ltd said:

    This successful trial marks a significant milestone in our journey towards integrating advanced robotics into our operations at Sellafield.

    The ability to remotely operate robotic systems like Spot demonstrates how digital innovation can enhance safety, efficiency, and decision-making on nuclear-licensed sites.

    By collaborating with AtkinsRéalis, we are exploring cutting-edge solutions that not only support our decommissioning mission but also pave the way for future advancements in remote operations.

    This kind of virtual site access is already deployed by AtkinsRéalis for major construction projects around the world, but it’s the first time it’s been trialled on a nuclear licensed site.

    Richard Brook, technology solutions lead for decommissioning at AtkinsRéalis, said:

    Sellafield Ltd has pioneered the adoption of technology across its operations, and this latest milestone is another step forward for the role of robotics in decommissioning.

    Virtual site access is already being used in the delivery of major infrastructure programmes: this trial is a big step towards unlocking its benefits for nuclear licensed sites without compromising safety or security.

    The Nuclear Decommissioning Authority (NDA) Group are utilising technology and innovation to transform how nuclear decommissioning is delivered and this approach could be applied across other nuclear licensed sites to deliver benefits across the wider NDA group.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Chancellor to slash ‘duplicative and burdensome rules’

    Source: United Kingdom – Government Statements

    Press release

    Chancellor to slash ‘duplicative and burdensome rules’

    Chancellor hosts Fintech CEOs in No. 11 as the Treasury streamlines regulation to boost growth as part of the Government’s Plan for Change.

    • Chancellor and CEOs discussed the Financial Services Growth and Competitiveness Strategy, following the Prime Minister’s pledge to cut the administrative cost of regulation on business by a quarter.

    • The Chancellor also delivers on her Mansion House commitment to reform capital markets regulations and boost the attractiveness of the UK’s capital markets.

    This morning (18 March), the Chancellor hosted senior representatives from the Fintech sector in No. 11 Downing Street to discuss the biggest growth opportunities for Fintechs and new draft legislation to streamline regulation and boost the attractiveness of our capital markets.

    This new legislation will deliver reforms to the Markets in Financial Instruments Directive (MiFID) rules, which were inherited from the European Union, and will enable the FCA to scrap any rules which are duplicative and unnecessarily hold UK firms back by designing a new regulatory framework that supports economic growth, this government’s number one mission.

    The Chancellor committed to reforming these rules at her Mansion House speech in November to ensure that they work better for UK companies and they deliver for investors, firms, and support growth across the UK.

    This will mark the next milestone in delivering the government’s wholesale market reforms and will boost the attractiveness of the UK’s capital markets.

    This forms part of the Chancellor’s radical action plan to cut red tape, boost growth, and create a more effective regulatory system, delivering on the Prime Minister’s pledge to cut the administrative cost of regulation on business by a quarter.

    The Chancellor of the Exchequer, Rachel Reeves, said:

    We are taking action to make our rulebook more competitive to support growth, the number one mission for our Plan for Change, and have asked the FCA to reform the regulatory structure around capital markets to make it work better for UK firms. This will ensure they can grow and invest across the economy, kickstarting growth and getting more money in people’s pockets.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Registration for the qualifying round of the International Financial Security Olympiad is open

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The Olympiad is organized by Rosfinmonitoring jointly with the Ministry of Education and Science and the Ministry of Education of Russia, as well as universities of the International Network Institute in the field of AML/CFT, including the Higher School of Economics. This year, HSE experts took methodological part in developing the tasks of the invitational round. Schoolchildren and students who registered for the selection round before March 30 are allowed to participate.

    International Financial Security Olympiad — is an intellectual competition that is held annually on the instructions of the President of the Russian Federation Vladimir Putin. Its main objectives include popularizing financial security as a norm of life, minimizing the risks of involving young people in illegal activities and forming a new type of thinking: from the financial security of an individual to the financial security of the state and the commonwealth of states. Over the four years of its existence, the Olympiad has already united over 6 million people from 36 countries!

    The Olympiad is held for students in grades 8–10 in the unified profile “financial security” based on such school subjects as mathematics, computer science and social studies, and for students (1–3 years of bachelor’s degree, 1–4 years of specialist degree and 1st year of master’s degree) — in separate areas of training:

    jurisprudence;

    Mathematics, Applied Mathematics and Computer Science, Applied Mathematics, Mathematics and Computer Science, Fundamental Computer Science and Information Technology, Computer Science and Computer Engineering, Applied Computer Science, Information Security, Business Computer Science;

    economics, finance and credit, economic security;

    international relations, foreign regional studies.

    The International Financial Security Olympiad is held in several stages. The first of them is an invitational one, which allows you to get acquainted with the format of the tasks, study additional materials and prepare for the new cycle. The second stage is a qualifying one. It is organized in the form of two rounds – from March 31 to April 4 and from April 9 to 15 – in an online format using the Sodruzhestvo platform. You can start completing the tasks only after registration, which must be completed before March 30.

    The third important stage is the qualification stage, which is scheduled for the period from August 1 to September 3.

    The final will take place from September 28 to October 3 at the Siberian Federal University (Russia, Krasnoyarsk).

    Winners and prize winners of the Olympiad will receive advantages when entering a university and offers for practical training and internships with the possibility of further employment from Rosfinmonitoring, the Bank of Russia, PAO Promsvyazbank, MUMCFM, leading financial organizations and partners. Schoolchildren who show high results will be able to enroll in a bachelor’s/specialist’s degree at the Higher School of Economics without entrance examinations or get 100 points for the entrance examination. The benefits apply to the programs of the National Research University Higher School of Economics in Moscow.Information security“, “Computer security” And “Jurisprudence: Digital Lawyer“, as well as to the relevant programs in Nizhny Novgorod And Perm.

    “We invite students not only to test themselves by participating in the Olympiad, but also to delve into the issues of financial security in more detail! For this purpose, in 2025 we are launching a minor”Financial Security and Computer Investigations”. You will be able to obtain the necessary knowledge base and form a framework of important legal, financial and digital competencies, and upon completion – an official document confirming the additional qualification received. Thanks to this, new career opportunities in this field will open up for you,” comments Alexander Chepovsky, Director of Strategic Work with Applicants.

    The micro-qualification obtained by the minor is “specialist (expert) in the field of financial and information security”. It will allow you to be a sought-after employee in the corporate sector, government agencies, budgetary organizations and non-profit organizations.

    Minor Selection Campaign will take place in the near future: March 20 and 21 – the first wave, March 25 – the second.

    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.

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Energy Secretary visits China to launch climate dialogue

    Source: United Kingdom – Executive Government & Departments

    News story

    Energy Secretary visits China to launch climate dialogue

    Ed Miliband resumes formal energy and climate talks with China

    Energy Secretary Ed Miliband met his Chinese counterparts in Beijing this week to re-start formal energy and climate discussions and demonstrate global climate leadership.

    On Saturday (15 March) the Secretary of State met Chinese Minister Huang at the Ministry of Ecology and Environment. They discussed strengthening cooperation on climate issues such as nationally-determined contributions (NDCs) looking ahead to COP30.

    He then travelled to Tsinghua University where he spoke to students about UK action and global cooperation on climate change as part of the university’s climate lecture series.

    On Sunday (16 March), the Energy Secretary visited Carbon Capture and Storage (CCUS) and hydrogen power projects in Energy Valley, an area which drives the development of clean energy technologies in the country. 

    He then met with British business representatives based in Beijing, to hear about the opportunities and challenges for business and how the UK can support in increasing UK clean energy exports to drive growth and create jobs.

    On Monday (17 March), the Secretary of State visited China’s National Energy Administration to engage in a formal UK-China Energy Dialogue. Along with Administrator Wang, he led discussions focused on clean energy technologies, pathways to the energy transition including phasing out coal, energy security and international energy governance.

    At the end of the meeting, Ed Miliband signed the Clean Energy Partnership Memorandum of Understanding (MoU) with Administrator Wang, which agrees to enhance cooperation on renewables, grid modernisation and clean technologies, while protecting the UK’s national security.  

    The visit concluded with a visit to the Great Hall of the People, where the Energy Secretary met Chinese Vice Premier Ding Xuexiang to agree to continue cooperation on energy and climate. The Secretary of State also took the opportunity to raise the UK government’s concerns on issues including Russia, forced labour and Jimmy Lai.

    Energy Secretary Ed Miliband said: 

    We can only keep future generations safe from climate change if all major emitters act. It is simply an act of negligence to today’s and future generations not to engage China on how it can play its part in taking action on climate. 

    That is why I met Chinese ministers for frank conversations about how both countries can fulfil the aims of the Paris Climate Agreement, to which both countries are signed up.  

    Our Plan for Change and clean energy superpower mission is about energy security, lower bills, good jobs and growth for the British people. It is with this mission that we can also influence climate action on a global stage, fight for our way of life and keep our planet safe for our children and grandchildren.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: OPSS launches new baby sleeping products resources

    Source: United Kingdom – Executive Government & Departments

    News story

    OPSS launches new baby sleeping products resources

    New resources launched to raise awareness about unsafe baby sleeping products.

    The Office for Product Safety and Standards (OPSS) has launched new resources to raise awareness about unsafe baby sleeping products.

    To tie in with The Lullaby Trust’s ‘Safer Sleep Week’ in March, OPSS has linked up with the Trust and Netmums to reach those purchasing products for children under 12 months old and professionals who work with families. The resources cover a range of baby sleeping products and warn that products sold online may be unsafe.

    OPSS has produced a checklist for parents and carers that includes key messages on shopping for baby sleeping bags, checking the safety labels and considering where best to purchase.

    View the baby sleeping products resources.

    Updates to this page

    Published 18 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Conference at the State University of Management: experts will discuss issues of state and municipal governance

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    On April 16–18, 2025, the State University of Management will host the International Scientific and Practical Conference “State and Municipal Administration in the Context of the Implementation of National Development Goals of Russia.”

    We invite representatives of government bodies, the scientific community, business, the media and all interested parties to participate.

    The conference program includes plenary sessions, thematic sections and competition events. Among the key areas: strategy of population saving, digital transformation of public administration, development of urban infrastructure, competitive economy and technological leadership, historical experience and modern challenges of public authority, the future of local self-government in Russia.

    The conference includes the following:

    Work of seven thematic sections with participation of leading experts; XI All-Russian competition “History of local self-government”; Final of the competition of student projects “Managers: new generation”; Open competition for schoolchildren “If I were the head of the city (district)”; Meetings of sections of young scientists.

    Participants will be able to publish the results of their research in the conference proceedings (RSCI) or the thematic issue of the journal “Vestnik RUDN: Public and Municipal Administration” (VAK, K2).

    For publication, it is necessary to comply with the requirements for the design and originality of the text.

    Participation is free. Mandatory registration is available until April 14, 2025.

    A detailed program, publication conditions and contact information of the organizing committee are available on the official website of the conference: https://конфериягуу.рф/

    Contacts for inquiries: Mikhail Borisovich Polyakov: 7(929) 613-29-29, mb_polyakov@guu.ru.

    Join the dialogue on Russia’s development strategies in the context of global challenges!

    Subscribe to the TG channel “Our GUU” Date of publication: 03/18/2025

    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.

    MIL OSI Russia News –

  • MIL-OSI Europe: Forecast for public finances: uncertain outlook for federal finances and social security funds

    Source: Switzerland – Department of Finance

    The public sector’s financial development differs depending on the level of government. The latest forecasts of the Federal Finance Administration (FFA) through to 2028 show that the Confederation’s financial situation will depend heavily on the relief package in particular. The cantons are likely to continue to generate surpluses, while the municipalities are set to return to small structural deficits from 2026 onward. Due to the unresolved funding for the 13th monthly AHV pension payment, there is still considerable uncertainty for the social security funds.

    MIL OSI Europe News –

  • MIL-OSI NGOs: Taxing Europe’s Super-Rich: The Gamechanger

    Source: Oxfam –

    Ahead of tomorrow’s EU Tax Symposium, Gabriel Zucman, lead economist at the EU Tax Observatory, has set out a proposal to tax the super-rich in the EU.  

    In response, Chiara Putaturo, Oxfam EU tax expert, said:  

    “Zucman’s study exposes the truth: Europe has money to fight the climate crisis, strengthen social security nets and maintain its role as a global leader in aid – it just needs the political will to tax its wealthiest citizens. 

    “At next week’s EU budget talks, one thing must be crystal clear: taxing Europe’s super-rich is the gamechanger to end extreme inequality in Europe and finance the EU’s budget.” 

    Notes to editors  

    The EU Tax Observatory’s new study is available here. It shows that a minimum tax of 2% and 3% on billionaires and centimillionaires in 23 EU countries could bring in respectively €67 billion and €121 billion for European governments.  

    Oxfam recently published report “Takers not Makers” highlights: 

    • Billionaire wealth in the EU surges by nearly €400 million per day in 2024, with a new billionaire nearly every week
    • 74% of billionaire wealth in the EU is derived from inheritance, monopoly power or crony connections.
    • The richest 1% in 12 EU countries extracted €84.4 billion from the Global South in 2023. 
       

    Next week, EU leaders will meet in Brussels to discuss the next EU budget and new own resources. Oxfam and allies are calling for wealth taxes to finance the EU budget.

    MIL OSI NGO –

  • MIL-OSI NGOs: Trapped, Pushed Back and Tortured: Poland’s Crackdown on Refugees at Europe’s Border

    Source: Oxfam –

    • New report from Oxfam and its Polish partner, Egala, details violence and torture facing people on the move at the Poland-Belarus border.
    • The report exposes Poland’s illegal pushback policy, bankrolled by the EU.
    • Oxfam and Egala is urging the EU to investigate human rights abuses and pushbacks at this European border and invest in strengthening Poland’s asylum and reception system.   

    Today, Egala and Oxfam published a new report, “Brutal Barriers”, detailing the frightening and sometimes deadly journey of people trying to reach safety in Europe. Survivors’ testimonies reveal the violence inflicted by both Polish and Belarusian authorities on people seeking asylum as well as the treacherous conditions people face in crossing the swamplands of the primeval Białowieża forest. 

    The report documents abuses by the Polish authorities including shooting people with rubber bullets, setting dogs on them and giving them water laced with pepper spray. There are accounts of people being detained without food or water, having their clothes confiscated and being forced to strip naked.    

    Polish authorities have also forcibly pushed people back, including those in urgent need of medical care. This has included reported pushbacks of people who are unconscious or immobile, and even a case of a pregnant woman who was pushed back and subsequently suffered a miscarriage. Some have even reportedly been forcibly returned while receiving medical care in hospitals.  

    “Pushbacks at the Poland-Belarus border are generalized and systemic. We continuously come across people in the forest who have been pushed back to Belarus by Polish authorities”, said Aleksandra Gulińska, Egala Advocacy Lead.    

    Poland and Belarus have created a ‘death zone’ at Europe’s border. People are trapped in the forest for weeks or months, without food or water, exposed to extreme weather, with temperatures plummeting to minus twenty degrees in winter. People are unable to escape the forest as they are blocked on both sides by either the Polish or Belarusian authorities.  

    Accounts from those forcibly pushed back to Belarus paint a bleak picture of what awaits them on the Belarusian side of the border. Survivors describe the conditions as ‘hell’ with reports of violence, including sexual violence, robberies, and torture – from electrocution to waterboarding to cutting off of body parts.  

    “This is the ‘hell’ Poland is sending people back to, and it is sponsored by the EU,” said Sarah Redd, Oxfam Ukraine Advocacy Lead. 

    Local organizations and volunteers face increasing harassment and criminalization. Last year, Poland declared parts of the border an exclusion zone, making it harder for organizations like Egala to provide life-saving assistance. Aid workers are forced to choose between helping people in need and facing the criminalization or harassment of their staff and volunteers. 

    “We are among the very few who witness firsthand the hellish experience of people trying to seek safety. It’s terrifying to think about what would happen if no-one was there to help them”, said Gulińska. 

    The report also documents instances where the Polish authorities forced people to sign papers renouncing their intention to seek asylum, using intimidation and physical violence.  

    These reports of pushbacks are all part of Poland’s systemized pushback policy, with the latest move being a temporary block to people’s rights to claim asylum at its borders. With concerns over the escalation in Ukraine, European security sits at the top of the agenda. However, European leaders must ensure that these efforts do not include violations of fundamental human rights, as aid groups are witnessing at the Poland-Belarus border.  

    “Poland has abandoned its commitments to the rule of law and to protecting people fleeing war and persecution. It has instead replaced EU law with razor wire, torture and violence, creating an illegal pushback policy funded by the EU”, said Redd.  

    “The EU must stop bankrolling this pushback policy and shut down any future plans that gamble with people’s lives. The EU and European countries need to invest in an asylum system that actually works and allows people to rebuild their lives. This is not about politics – it’s about what is right”, said Redd.

    Egala is a grassroots organization providing humanitarian aid, medical support and legal assistance to people on the move at the Poland-Belarus border. Oxfam partnered with Egala in 2023 as part of its response to the humanitarian crisis at the Poland-Belarus border.  

    The report collects extensive existing evidence as well as testimonies from Egala volunteers and workers on the ground and the voices of refugees themselves in order to document the human consequences of restrictive, illegal and inhumane policies at this border. Below is a selection of testimonies – see the report for more: 

    “It’s June, the middle of summer, and I just met a man with first-degree hypothermia. He was emaciated and he hadn’t drunk anything”, Jagna, Egala volunteer and professional medic – name changed to protect identity.   

    “The second man had a leg injury and an initial degree of hypothermia. As his condition was not improving, the volunteer explained that they could try call an ambulance. About an hour after calling the official emergency number, the border guards arrived – without an ambulance. All three men were taken to the Border Guard post. At this point the Egala volunteers lost contact with them”, said Olga, Egala employee – name changed to protect identity.  

    “What would happen if we weren’t here? There would be a lot of dead bodies in the forest”, said Jagna, Egala volunteer and professional medic – name changed to protect identity.  

    Photos will be uploaded shortly here. There is a shorthand available – please reach out for more information.   

    In 2024, nearly 600 cases of violence by the Polish authorities were reported according to information provided by WeAreMonitoring.  

    The Polish government has taken several steps to create an illegal policy of pushbacks and violence including: 
     

    • September 2021: Poland created an exclusion zone at the border barring humanitarian workers and journalists. The zone was later reduced following legal action.  
    • June 2024: The Tusk government reintroduced the exclusion zone. The Polish authorities have yet to respond to requests from Egala to enter the zone to provide humanitarian assistance.  
    • July 2024: Poland enacted a law exempting Polish authorities from prosecution for improper use of weapons at the border.
    • February 2025: Poland suspended the right to asylum at the Poland-Belarus border – effectively legalizing pushbacks.  
       

    Oxfam and Egala are calling on the EU to: 
     

    • Redirect EU funding and support away from border walls and surveillance, and instead invest in strengthening Poland’s asylum and reception system.
    • Publicly condemn the human rights abuses occurring at the border.
    • Investigate breaches of EU asylum law by Poland and, if justified, initiate infringement proceedings.
    • Ensure that Poland implements the EU Migration Pact – in particular, an independent monitoring of human rights violations, such as pushbacks.  
       

    Oxfam and Egala call on the Polish government to: 
     

    • End illegal pushbacks and process asylum cases in accordance with human rights standards and EU law.  
    • Repeal laws decriminalizing firearm use and suspending the right to asylum.
    • Allow safe access to humanitarian and human rights organizations at the border area. 
       

    In 2022, the EU allocated over 67 million euro to Poland under the Border Management and Visa Policy Instrument to cover ‘the additional needs for support related to the situation at the border with Belarus’. In 2024, the EU topped up this funding by 52 million euro to enhance border surveillance.  

    MIL OSI NGO –