NewzIntel.com

Category: Politics

  • MIL-OSI Africa: Golar LNG Reaches Commercial Operations Date (COD) at Greater Tortue Ahmeyim (GTA) Project, Joins African Energy Week (AEW) 2025 as Gold Partner

    Source: APO


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    Golar LNG has officially announced that its FLNG Gimi vessel has reached its Commercial Operations Date (COD) under the 20‑year lease-and-operate agreement for the Greater Tortue Ahmeyim (GTA) gas project offshore Mauritania and Senegal. Achieving COD triggers the commencement of this long-term contract – unlocking approximately $3 billion in adjusted EBITDA backlog for Golar – and marks a major milestone in positioning both countries as emerging LNG exporters.

    The Gimi FLNG unit will initially produce 2.4 million tons of LNG per annum, with plans to ramp up to its full capacity of 2.7 million tons. Backed by an estimated 15 trillion cubic feet of natural gas, the GTA project is expected to bolster regional and global energy security while stimulating economic growth in both host nations.

    In line with its growing presence in Africa’s energy landscape, Golar LNG has joined the 2025 edition of African Energy Week (AEW): Invest in African Energies as a Gold Partner. Taking place from September 29 to October 3 in Cape Town, AEW 2025 brings together African governments, energy companies and global investors to explore and advance opportunities across the energy value chain. The event serves as a strategic platform for companies like Golar LNG to showcase innovative FLNG solutions and their long-term commitment to Africa’s energy development.

    Golar LNG’s participation at AEW aligns with the event’s broader vision to develop Africa’s estimated 620 trillion cubic feet of natural gas as a catalyst for energy security and poverty alleviation. In June 2024, the company signed a Project Development Agreement with the Nigerian National Petroleum Company Limited for a new FLNG facility in the Niger Delta. The project is designed to liquefy 400–500 million standard cubic feet of gas per day, contributing to Nigeria’s Decade of Gas Initiative and its goal to harness 209 trillion cubic feet of reserves to expand access to cleaner, more reliable energy.

    Golar LNG has also played a pioneering role in Cameroon’s gas sector since 2018, operating the 2.4-million-ton-per-annum Hilli Episeyo FLNG facility. As the company continues to grow its balance sheet and expand its footprint across the continent, AEW: Invest in African Energies offers an unparalleled opportunity to engage African stakeholders and pursue new prospects across the natural gas value chain.

    “The commercial launch of the Gimi FLNG facility is a major step forward for the MSGBC Basin and Africa’s LNG market,” says Ore Onagbesan, Program Director, AEW. “As countries like Nigeria, Ivory Coast, Gabon, Equatorial Guinea, Ghana, Mozambique and Tanzania work to monetize their offshore gas resources, innovative and reliable partners such as Golar LNG will play a vital role in driving sustainable growth and long-term value.”

    Distributed by APO Group on behalf of African Energy Chamber.

    About AEW:
    Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Kent farmers in innovative Chalk to Coast project

    Source: United Kingdom – Executive Government & Departments

    Press release

    Kent farmers in innovative Chalk to Coast project

    Farmer-led initiative to create vital nature network across Kent’s diverse landscapes. Project contributes to government’s Nature Recovery Network commitment

    Nightingale in nest – credit Ben Andrew (RSPB-images.com)

    An ambitious farmer-led initiative connecting Kent’s diverse landscapes from chalk downlands to coastal habitats has officially launched, bringing new hope for wildlife conservation across the region. 

    The Chalk to Coast project unites three established farm clusters, Hoo Peninsula, Swale and North Kent Downs and Medway Gap, forming a ‘super cluster’ that will create natural wildlife corridors across different habitats.

    A farm cluster is a plan to help farmers and partners work more cohesively together in their locality, enabling them to collectively deliver greater benefits for soil, water and wildlife at a landscape scale.

    Part of the project includes the creation of ‘natural corridors’ that will be placed strategically on strips of land and help connect fragmented wildlife habitats, allowing plants and animals to move freely and enhancing biodiversity. 

    These corridors are crucial for supporting wildlife movement, enabling them to find food, mates and suitable breeding grounds, ultimately contributing to a more resilient and thriving natural environment. 

    The creation of the nature corridors between the three farm clusters, including linking the new North Kent Woods and Downs National Nature Reserve in the countryside with Elmley National Nature Reserve by the sea, will link habitats together, creating a continuous ecological corridor for wildlife to travel between from ‘Chalk to Coast’ in Kent.  

    Barn owl in flight – credit Robert Canis

    Things that can be done to enable nature corridors includes:

    • Planting more trees and hedges and getting more woodland coppiced and back into healthy management use.
    • Planting more hedgerows to encourage the dispersal of the rare and endangered dormice simultaneously connecting woodlands.
    • And creating stepping stones of thick scrub to encourage wider populations of nightingale. Kent has the stronghold of nightingale, an incredibly rare species in the UK.

    James Seymour, Natural England deputy director for Kent, said:

    Nature’s recovery is core to delivering the Plan for Change with economic growth and a healthy environment. This project shows how Natural England provides expert advice that enhances ecosystems while supporting agricultural businesses.

    This collaborative approach demonstrates how agriculture and nature recovery can work together, delivering biodiversity gains while maintaining profitable farming businesses.

    Natural England has played a pivotal role in supporting this initiative, which forms part of the government’s commitment to a growing network of wildlife-rich places that supports nature recovery and sustainable farming practices nationwide. 
    With a new website now live at www.chalktocoast.co.uk, organisers are calling on more farmers and landowners across Kent to pledge their land to expand this vital nature network. 

     The three landowners and co-founders of the Chalk to Coast project explain more.

    Guy Nevill, of North Kent Downs and Medway Gap Farm cluster, said:

    This initiative shows how agriculture and nature recovery can work hand in hand. By connecting farm clusters, we’re creating wildlife corridors across Kent’s landscapes. We’re now encouraging more farmers to join this collaborative approach to land management.

    Tom Gore, from Hoo Peninsula Farm cluster, said:

    This is an exciting opportunity for both commercial farmers and environmental organisations to come together. Linking wildlife corridors and carrying out a large-scale biodiversity project, where both food production and nature work in harmony

    Gareth Fuller, of Swale Farm cluster, said:

    We are very excited to be part of Chalk to Coast. Over the last forty years, we have worked to restore abundant nature to the coastal wetlands of Elmley and Swale, and more recently to develop a sustainable nature-based economy though nature tourism and education.

    To do more we want to collaborate with others across a much larger area. Chalk to Coast offers the inspiration, ambition, opportunities, and scale to achieve a more connected, abundant landscape for nature and people. We are hugely grateful to Guy Nevill and the other founders for driving this initiative forwards.

    Boxing hares – credit Robert Canis

    The project contributes to the government’s Plan for Change through the development of a national Nature Recovery Network, helping wildlife thrive and respond to climate change while connecting people with nature, farming and food. 
     
    The initiative builds on existing farm clusters in Kent, enabling coordinated action on soil conservation, water management, habitat creation, and species recovery across property boundaries. 
     
    Land managers interested in joining can find information at www.chalktocoast.co.uk. 
     
    Background: 

    For more information about Chalk to Coast, visit www.chalktocoast.co.uk.
     
    For more information about Natural England’s work supporting nature recovery, visit www.gov.uk/natural-england.

    Contact us:

    Journalists only: 0800 141 2743 or communications_se@environment-agency.gov.uk.

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Locations for new speed cameras announced

    Source: City of Birmingham

    Published: Thursday, 10th July 2025

    Six new sites for the location of speed cameras across Birmingham have been announced by the city council, which will be installed by the end of the year.

    The average speed enforcement cameras will be funded through the Clean Air Zone net surplus revenues and the locations agreed following joint working with West Midlands Police.

    Routes have been selected and prioritised based on the number and severity of road traffic collisions along the route and/or where compliance with speed limits is poor which leads to an increased risk of road harm.  All the routes chosen have the full endorsement of WMP.

    Cllr Majid Mahmood, cabinet member for environment and transport, said: “Safety on our busy highway network is paramount and these cameras have an important role to play – far too many collisions on our roads involve excessive speed.

    “However, they can never be a solution on their own. We all have a role to play in keeping our roads safe and everyone has a duty to think about others, whether pedestrians, cyclists or other motorists. This is not about making money – the majority of revenue goes direct to government – it is about road safety. I would be happy if no fines were issued as that means people are not speeding.

    “We also need to rethink how we move people and goods around the city and regions, which is why our Birmingham Transport Plan and Road Harm Reduction Strategy are looking at redesigning street in a way that put people first, and not only reducing speed but reducing the number of vehicles on our streets.”

    BCC and WMP entered into a new Joint Working Agreement covering camera enforcement of traffic offences in April 2025.  This not only secures ongoing enforcement of existing ASE locations, but also paves the way for new ASE, spot speed and red-light camera locations to be brought forward.

    Chief Constable Craig Guildford said: “I fully support this initiative, which will hopefully reduce the number of people who are killed or seriously injured on our roads.”

    The new camera locations are:

    1. A45 Coventry Road (extension of existing operation from Berkeley Road to Bordesley Middleway)
    2. A47 Nechells/Fort Parkway (A4040 Ring-road to A452 Chester Road)
    3. B4121 West Boulevard (Selcroft Avenue to California Way)
    4. A34 Walsall Road (Wellinton Road to Newton Road/City Boundary)
    5. B4114 Washwood Heath Road (Ward End Park Road to Bromford Lane)
    6. A34 Stratford Road (Coniston Close to Robin Hood Lane)

    MIL OSI United Kingdom –

  • MIL-OSI Russia: China is a reliable partner for ASEAN in addressing complex challenges: Wang Yi

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    KUALA LUMPUR, July 10 (Xinhua) — China has always been the most reliable stabilizing force in a turbulent world and the most reliable partner for members of the Association of Southeast Asian Nations (ASEAN) in tackling difficult challenges, Chinese Foreign Minister Wang Yi, a member of the Politburo of the Communist Party of China (CPC) Central Committee, said at a China-ASEAN foreign ministers’ meeting here on Thursday.

    Noting that China and ASEAN have similar development concepts, common requirements and integrated interests, he added that Beijing regards ASEAN as a priority area for diplomatic relations with its neighbors and a pioneering platform for promoting the building of a community with a shared future for mankind.

    “We should support each other and achieve success for each other in advancing the modernization process of Asia,” Wang said.

    The minister spoke about the achievements of China-ASEAN cooperation and put forward four proposals.

    First, it must become a benchmark for upholding international justice. Wang said China and ASEAN must resolutely uphold the global system with the UN at its core and the international order based on international law.

    China supports ASEAN’s central position in the regional architecture and its greater role in regional and international affairs. China is willing to work with ASEAN to practice open regionalism and genuine multilateralism and make greater contributions to regional and global governance.

    Secondly, it should be a model for maintaining peace and stability in the region. Peace and stability in the region are extremely valuable and must be reliably protected, and geopolitical conflicts or bloc confrontations should not spread to Asia, Wang Yi said. China is ready to take a leading role in signing the Protocol to the Treaty on a Nuclear-Weapon-Free Zone in Southeast Asia, he added.

    The South China Sea is a common home for regional countries, not a “gladiator arena” for major powers, and China is willing to expand cooperation with ASEAN countries in areas such as marine environmental protection, shipping safety, maritime law enforcement and key maritime infrastructure, fully implement the Declaration on the Conduct of Parties in the South China Sea, facilitate consultations on the Code of Conduct in the South China Sea and always hold the initiative in the South China Sea issue, the Foreign Minister stressed.

    Third, it is necessary to set an example of mutually beneficial cooperation. According to Wang Yi, Beijing is ready to cooperate with ASEAN in building the China-ASEAN Free Trade Area 3.0, effectively implement the Regional Comprehensive Economic Partnership (RCEP), and build a high-level free trade network.

    China is willing to continue to use high-quality cooperation under the Belt and Road Initiative as a core platform, strengthen communication and cooperation with ASEAN in industrial and supply chains, and advance cooperation in areas such as artificial intelligence, digital transformation and clean energy, the minister said.

    China highly appreciates ASEAN’s firm commitment to free trade and the multilateral trading system, and holds that economic and trade differences should be resolved through equal dialogue and mutual benefit, while upholding its own dignity and fundamental principles and not encroaching on the interests of third parties, Wang said.

    Fourth, we should set an example in promoting inclusiveness and mutual learning. China is willing to continue to advocate dialogue, exchanges and mutual learning among different civilizations with ASEAN countries, the foreign minister said. The two sides should jointly hold a successful Year of People-to-People Exchanges, intensify exchanges in the fields of education, youth, think tanks, media and other areas, take concrete measures to implement the Global Civilization Initiative and promote mutual understanding, friendship and integration among peoples.

    The participating countries noted that China-ASEAN cooperation is the most dynamic and fruitful. China has always been one of ASEAN’s most important dialogue partners, they said, expressing gratitude to China for supporting the association’s central position. –0–

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

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    MIL OSI Russia News –

  • MIL-OSI United Nations: Libya: UN urges restraint as military buildup threatens renewed violence in Tripoli

    Source: United Nations 2

    In a statement late on Wednesday (local time), the UN Support Mission in Libya (UNSMIL) expressed deep concern over continued reports of armed group mobilisation in densely populated areas, urging all parties to refrain from the use of force and inflammatory rhetoric.

    “The Mission strongly urges all parties to avoid any actions or political rhetoric that could trigger escalation or lead to renewed clashes,” it said.

    UNSMIL stressed that protection of civilian lives and property under international law remains a binding obligation for all political and security actors.

    “Those responsible for attacks against civilians will be held accountable,” the Mission said.

    Pursue dialogue, not violence

    The Mission reiterated its support for the implementation of security arrangements developed by the Truce and Security and Military Arrangements Committees, emphasising that “forces recently deployed in Tripoli must withdraw without delay.”

    It also underscored that dialogue – not violence – remains the only viable path to achieving sustainable peace and stability in Tripoli and across Libya.

    The appeal comes amid reports of military movements in the capital and renewed clashes between armed groups, reflecting the persistent volatility that has plagued Libya since the fall of former leader Muammar Gaddafi in 2011.

    Political stalemate

    The country remains divided between rival administrations in the east and west, with unity efforts repeatedly stalled.

    A UN-brokered ceasefire signed in 2020 raised hopes for national elections, but progress has been hampered by political deadlock and sporadic outbreaks of violence – particularly in Tripoli.

    In May, clashes erupted in several districts of the capital, reportedly triggered by the killing of a prominent militia leader. The fighting, which involved heavy weaponry in densely populated areas, forced hundreds of families to flee and further strained the city’s already fragile infrastructure.

    MIL OSI United Nations News –

  • MIL-OSI Europe: OCEANIA/PAPAU NEW GUINEA – Blessed To Rot: An example of faith for catechists and laity

    Source: Agenzia Fides – MIL OSI

    Thursday, 10 July 2025

    Port Moresby (Agenzia Fides) – “We celebrated Blessed Peter To Rot on his feast day on July 7 in Port Moresby, with a Mass that brought before the faithful the figure of our first saint, who will be canonized next October 19. And we will continue the celebrations in the various dioceses throughout July. To Rot is for us an example of a catechist and husband: a Christian who was convinced that the personal journey of holiness is a response to the call of every baptized person. Each of us, we recall, receives this call,” Paul Sundu, Bishop of Kundiawa, who participated in the celebration in Port Moresby, which was also attended by the Apostolic Nuncio to Papua New Guinea, Msgr. Maurizio Bravi, told Fides.Bishop Sundu said that the Blessed “is an example of the faith in our country today: There are many catechists like him who continue the work of witnessing and transmitting the faith in remote places, without whom the Church’s mission would not continue.” To Rot, the bishop stated, “in a way anticipated the Second Vatican Council by living the mission of evangelization as a lay person. He became a catechist because, given the shortage of missionaries, he recognized that ‘the harvest is plentiful, but the workers are few.’ Today, he is an example of the laity’s participation in the Church.” Regarding the situation of the Catholic community in Papua New Guinea, the bishop said: “We are 16 million Catholics, divided into four macro-regions, in a nation that can still be called ‘Christian’: Faith is of great importance to the people.” Papua New Guinea is largely covered by tropical jungle and is inhabited by very diverse indigenous peoples. Over the past two centuries, the country has been the subject of colonial conflicts between the British, Dutch, and Germans. Foreign powers welcomed Christian missionaries, both Protestant and Catholic, who proclaimed the Gospel to the native population.”Our country is home to very diverse societies and cultures, with hundreds of ethnic groups, traditions, and religions.The challenge for the Church lies in its relationship with the many local cultures whose heritage includes practices that are contrary to Christian values, such as divorce, shamanism, and ancestor worship,” Bishop Sundu continued. “The Church’s witness and mission, on the one hand, thrive on its relationship with traditional and ancestral religions; on the other, it is confronted with secularization and modernization, which are making themselves felt in the general mentality and are particularly noticeable in the cities and among young people.” The Catholic Church in Papua New Guinea, he adds, “remains a credible and valued institution today, supporting the population in its development and sometimes doing more than the government, especially in areas such as education and health, thus continuing to make a significant and valuable contribution to the country’s public life.” Referring specifically to the situation in his diocese of Kundiawa, a mountain town in the heart of Simbu Province in the Central Highlands, the bishop reports how “the communities of believers are experiencing the Holy Year: especially the young people in various communities and parishes have organized the pilgrimage of the World Youth Day Cross, bringing a message of hope: the hope of living according to God’s heart, living the Gospel each in their own context and territory, in their own life situation, in their own community.” (PA) (Agenzia Fides, 10/7/2025)
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    MIL OSI Europe News –

  • MIL-OSI Africa: Operation Vulindlela: Sustained progress in the economic reform agenda

    Source: Government of South Africa

    The Presidency and National Treasury have released a quarterly progress report for Q1 2025/26 on the implementation of economic reform through Operation Vulindlela. 

    This report is the first to be released since the launch of Phase II of Operation Vulindlela this year. 

    Operation Vulindlela is a joint initiative of the Presidency and National Treasury which aims to achieve more rapid and inclusive economic growth through a programme of far-reaching economic reform. 

    Phase I of Operation Vulindlela focused on unlocking progress in five priority areas: electricity, freight logistics, water, telecommunications, and the visa system. These reforms were selected for their high potential to catalyse investment, enhance economic competitiveness, and create jobs. 

    Phase II represents a second wave of structural reform aimed at unlocking more rapid, inclusive, and sustained economic growth. 

    While continuing to drive implementation of reforms initiated during Phase I, the second phase introduces new focus areas that respond to evolving challenges in the economy. 

    “The report released today demonstrates sustained progress in the economic reform agenda, which serves as a counter to strong economic headwinds. 

    “Key milestones during the past quarter include the publication of a Ministerial Determination and associated regulations to enable the first round of Independent Transmission Projects, as well as a Request for Information for major private sector participation (PSP) projects in the freight logistics sector. 

    “Progress has also been made in the new areas of reform included in Phase II, with a comprehensive review of the White Paper on Local Government to reform the local government system and the introduction of a performance-based financing mechanism to support the reform of municipal water and electricity services. 

    “The Digital Transformation Roadmap has been approved by Cabinet and is in implementation, with the development of a digital identity system and other core elements of the roadmap already advanced,” said a statement.

    Further details on progress in each of the reform areas is available in the full report, at Operation Vulindlela Progress Report Q1 2025-26.pdf. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Celebrating 75 years of Portsmouth’s friendship with Duisburg

    Source: City of Portsmouth

    Portsmouth is celebrating 75 years of twinning and friendship with Duisburg and the many connections forged between the two cities over the years.

    Portsmouth schoolchildren have been busy designing Duisburg 75 logos to mark the major anniversary. And the winners – Amelie Allen and Roxanne Richardson from Springfield School – had their design engraved on a silver salver that’s ben gifted to the German city. Fellow Springfield pupils Ashmika Sujith and Emma Butcher won best concept for their design.

    The salver was presented to the Lord Mayor of Duisburg, Sören Link, as part of his recent visit to Portsmouth with a group of delegates.

    As part of the anniversary trip, Portsmouth Lord Mayor Cllr Gerald Vernon-Jackson joined to unveil a selection of new German books, available to borrow in Central Library, which have been funded by Snows BMW and MINI Portsmouth. Books have also gone to Portsmouth schools where German is taught, continuing a tradition of exchanging books since the cities were twinned in 1950.

    A display showing the rich history between Portsmouth and Duisburg is also available to visit in Portsmouth History Centre – located on floor 2 of Central Library, Guildhall Square.

    As part of the visit, Duisburg guests visited Southsea Food Festival, toured the new sea defences and took in other Portsmouth landmarks.

    Over 75,000 people from the two cities are estimated to have taken part in exchanges since they were officially twinned in 1950, and over 75 years, many friendships, and even families, have been created.

    Doreen from Portsmouth and Heinz from Duisburg were the first couple to marry after their cities were twinned, having met in Duisburg in 1948.  Heinz died last year aged 102 and Doreen died several years before, and their niece, Rosy Danbar, who had been researching her family history, joined the latest visit to share her family stories.

    Cllr Chris Attwell, Portsmouth City Council Cabinet Member for Communities and Central Services and chair of the twinning advisory group said:

    “Portsmouth and Duisburg were one of the very first Anglo-German twinning links following the Second World War, which left both cities crippled by bombing.

    “Once enemies, a great friendship was forged out of understanding and hope in 1950, and over 75 years that bond has grown ever stronger. Residents of both cities have made life-long friends by taking part in visits, and we look forward to many more decades of friendship together.”

    To further mark the occasion a 75th anniversary flower display has been created outside The D-Day Story museum in Southsea.

    And earlier in the summer, a group of Portsmouth City Council staff travelled to Germany to take part in the Duisburg Fun Dragonboat Regatta, the biggest in the world.

    Anyone interested in the link between the cities can join The Duisburg Portsmouth Twinning Association

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Get up and go with free family activities

    Source: City of Leicester

    FREE family activities will be on offer in neighbourhoods across Leicester throughout the summer holidays.

    From Monday 14th July until Friday 22nd August, the city council’s Get Up & Go programme will offer a range of activities at  children, young people and family centres across the city.

    Aimed at children aged 0-11 years, the programme will include lots of outdoor fun, arts and crafts, story time and sensory play.

    There will also be plenty of indoor creative play and lots of opportunities to join in with Story Garden, this year’s nature-themed summer reading challenge.

    On Mondays, there will be Get Up & Go activities on offer at St Matthews, Saffron, Thurnby Lodge and Woodbridge; on Tuesdays at Bewcastle and on Wednesdays at Beaumont Leys. On Thursdays, families can get up and go at centres in Netherhall, New Parks, Belgrave and Highfields, as well as again at Beaumont Leys. On Fridays, there’s a chance to get up and go in Eyres Monsell or at The Grove in Braunstone.

    Times vary at each venue, so check the timetable or call your local children’s centre for details.

    A whole week of special activities will also mark National Playday this summer. Playday activities will take place across all children’s centres on the week beginning Monday 4 August, and will include outdoor games, songs and a baby area.

    The city council’s Get Up & Go programme aims to encourage families to get out and about and enjoy the outdoor spaces around them.

    Assistant city mayor for children and young people, Cllr Elaine Pantling, said: “We know it can be tricky to keep children entertained during the long summer holidays, and that it can be a drain on family finances. Our Get up and go sessions are aimed at a wide age range, they’re free and they take place in neighbourhoods across the city to make them easily accessible for as many families as possible.

    “I hope these events will also give families lots of ideas and inspiration for their own low-cost play activities to try at home, as well as encouraging them to get out and about to enjoy the summer.”

    More information is available at https://families.leicester.gov.uk/get-up-and-go/ and on Facebook at facebook.com/leicesterchildrenscentres

    Details of all the free and low-cost activities taking place at city council venues and other city centre locations are available at https://families.leicester.gov.uk/summer-fun

    Listings are provided for each week of the school holidays, making it easy for families to find a free or low-cost activity in Leicester this summer.

    ENDS

    MIL OSI United Kingdom –

  • MIL-OSI: Multi-Billion Virtual Healthcare Industry Witnessing Substantial Growth with Rapid Expansion Expected

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 10, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global telehealth market has been substantially growing over the past years and is expected to continue this growth well into the future. A report from Grand View Research said that: “The global telehealth market size was estimated at USD 123.26 billion in 2024 and is projected to reach USD 455.27 billion by 2030, growing at a CAGR of 24.68% from 2025 to 2030. North America dominated the telehealth market with the revenue share of 46.58% in 2024. The market is primarily driven by the increasing adoption of digital health & smartphones, rising investments, improved internet connectivity, and growing technological advancements… the growing adoption and acceptance of telehealth services are expected to boost the market’s growth over the forecast period.” The report continued: “Moreover, smartphones have evolved from devices of communication & entertainment to devices that can monitor health and fitness. Some market players are developing Chatbot services for basic medical inquiries and one-time consultations… Moreover, the market is propelled by favorable government initiatives to expand telehealth by making healthcare services more accessible and convenient for patients. The focus on cost-effective and efficient healthcare solutions further propels the adoption of telehealth services. The rising adoption of telehealth facilities by patients, physicians, and government authorities is boosting the market. Access to healthcare through specific applications and video consultations enables communication between patients and doctors in remote locations, eliminating the need to visit hospitals or clinics. Market players such as Apple, Google, and IBM focus on improving the mobile health experience by providing numerous solutions through different subscription plans and emphasizing data security. These factors are expected to drive the market growth over the forecast period.”   Active tech companies in the markets this week include Treatment AI, Inc. (OTCQB: TREIF) (CSE: TRUE), CVS Health® (NYSE: CVS), Teladoc Health, Inc. (NYSE: TDOC), Tempus AI, Inc. (NASDAQ: TEM), Hims & Hers Health, Inc. (NYSE: HIMS).

    Grand View Research concluded: “Telehealth services are rapidly expanding, particularly in cardiology, behavioral health, radiology, and online consultations. This growth is fueled by a surge in startup funding and the introduction of new solutions and services, especially those designed for virtual consultations. Furthermore, integrating artificial intelligence and machine learning algorithms enhances the personalization of healthcare services. In addition, favorable government initiatives promoting telehealth adoption drive the market. The telehealth market in the U.S. accounted for the largest market revenue share in North America in 2024, owing to innovative software development, advanced healthcare management, and the presence of several market players operating across segments, such as mobile and network operations. Increasing awareness regarding the availability of digital health solutions, such as mHealth and telehealth, is driving their adoption rate.”

    Treatment AI Inc. (OTCQB: TREIF) (CSE: TRUE) News: EngageWell, Rocket Doctor, and CVS Health Foundation Launch Virtual Healthy Aging Program for Adults over 60 –

    Backed by $1 million in funding from the CVS Health Foundation, the pilot initiative offers free, virtual health screenings to support aging with confidence, care, and convenience

    • Health checks include assessments for heart health, memory, cognitive function, and mental health
    • No travel required — all appointments are virtual and confidential
    • Community Health Workers provide personalized follow-up support and connect patients to local resources
    • The program is now available in New York City, with plans to expand throughout 2025
    • Free for patients on Medicaid, covered by insurance for patients on Medicare

    Treatment.com AI Inc. (Frankfurt: 939) (the “Company” or “Treatment”) is pleased to announce that building off their successful graduation from AARPs AgeTech Accelerator, its subsidiary, Rocket Doctor Inc., has partnered with EngageWell IPA in a program funded by CVS Health (NYSE: CVS) Foundation to launch the Healthy Aging Program — a new pilot initiative offering virtual health screenings for adults aged 60 and older across New York City.

    Funded through a 5-year, $1M grant from the CVS Health® Foundation, EngageWell and Rocket Doctor’s program is designed to support older adults in maintaining their health and independence. It offers confidential virtual assessments that screen for common health concerns related to aging, including heart health, memory and brain function, and mental well-being. Board-certified physicians conduct consultations via phone or video and develop personalized follow-up care plans. Community Health Workers are also available to help patients connect with the telehealth provider and with necessary follow-up care.

    “Aging shouldn’t mean losing access to care, it should mean getting the support you need, wherever you are,” said Dr. William Cherniak, Founder and CEO of Rocket Doctor. “We’re proud to again partner with EngageWell to bring high-quality, proactive care directly into the homes of older adults across New York City. We’re equally thrilled that the CVS Health Foundation is funding EngageWell to implement this important program.”

    Participants who complete their screenings receive valuable health information, a physician consultation, and can receive up to $45 in gift cards. No insurance is required for patients on Medicaid, and is accepted for patients on Medicare. The entire process is designed to be simple, supportive, and stress-free.

    “Too often, older adults who face language barriers, low health or digital literacy, or systemic inequities are left to navigate fragmented healthcare systems on their own,” said Christopher Joseph, Executive Director of EngageWell IPA. “Through the Healthy Aging Program, we’re not just delivering services – we’re building a care model rooted in dignity, cultural relevance, and trust. By combining community-based outreach with user-friendly technology, we’re bridging gaps and creating lasting pathways to better health for aging New Yorkers.”

    The program is now live and being offered in partnership with community-based organizations and care navigators throughout New York City. By combining technology, human connection, and wrap-around support, the Healthy Aging Program helps ensure older adults stay healthy, informed, and in control of their care, without ever needing to leave home. CONTINUED… Read this full press release and more news for Treatment.com AI at: https://www.financialnewsmedia.com/news-true/.

    Other recent developments in the healthcare industry of note include:

    CVS Health® (NYSE: CVS) has recently announced the opening of its new Workforce Innovation and Talent Center (WITC) in Chicago. The center, situated at the Chicago Baptist Institute, will improve the community’s access to workforce training services and provide every participant who completes the program an opportunity to apply for a position at CVS Health.

    The WITC will transform lives in the Chicago community, like that of Catrina Malone. Her journey began when she attended an informational session while pursuing a film career. Now, as a pharmacy technician at CVS Health, Catrina shares her story: “Growing up in an unstable home environment, I faced many barriers. My mother struggled with substance abuse, and there were times when I didn’t know where my next meal would come from. With the support of my legal guardian, I stayed determined to forge my own path and build a career despite the odds being against me. This new role as a pharmacy technician for CVS Pharmacy has given me just that. Through this center and the kindness of everyone here, I’ve felt truly encouraged and supported — and for that, I am extremely thankful.”

    Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, recently announced earlier this year it has acquired UpLift, an innovative and tech-enabled provider of virtual mental health therapy, psychiatry and medication management services.

    The acquisition supports the company’s strategy to further enhance its leadership position in virtual mental health, including the ability for consumers served by its BetterHelp segment to access benefits coverage for mental health services. UpLift serves the health plan market and has arrangements covering over 100 million lives, a network of over 1,500 mental health professionals, important capabilities and a talented team.

    Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, recently announced the expansion of its care pathway intelligence platform, Tempus Next, into breast cancer. Since its launch in 2024, Tempus Next has screened thousands of patients across its network of provider sites, helping close critical care gaps for patients with lung cancer. Now, the platform will support five different biomarker testing gaps specific to breast cancer with the goal of helping physicians deliver guideline-directed medical care to eligible patients.

    Tempus Next supports physicians administering guideline-based care by surfacing care gaps and identifying patients who may benefit from these guideline-based suggestions. The platform integrates multimodal data available in the patient’s electronic medical record (EMR) with up-to-date clinical guidelines to support providers in delivering guideline-based care. As with lung cancer, clinical guidelines around breast cancer are continually evolving, and Tempus is working to help providers keep pace, starting at Mercy, which has already integrated Tempus Next for both breast and lung cancer into its EMR system to support patient care. Mercy has over 1,000 physician practice locations and outpatient facilities, more than 5,000 physicians and advanced practitioners serving patients across Arkansas, Illinois, Kansas, Missouri and Oklahoma.

    Hims & Hers Health, Inc. (NYSE: HIMS) the leading digital health and wellness platform, recently announced its plans to bring its affordable, holistic weight loss program to Canada, timed with the anticipated first-ever availability of generic semaglutide anywhere in the world. This move follows the recent closing of the company’s acquisition of ZAVA, the pioneering digital health platform in Europe.

    Almost two thirds of adults in Canada are overweight or living with obesity, yet access to proven treatments remains limited due to high costs and availability. With branded semaglutide often priced out of reach, the introduction of generics marks a pivotal moment for access to care. Hims & Hers plans to offer access to lower-cost treatment options through its digital platform, paired with 24/7 access to licensed providers and personalized, clinically backed care plans. In Canada, branded semaglutide with no surrounding clinical support currently costs more than C$200 a month. The price for generic semaglutide is expected to be available at a significant discount to the branded versions, with the prices expected to lower over time.

    About FN Media Group:

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    The MIL Network –

  • MIL-OSI: NANO Nuclear to Participate in Fireside Chat at H.C. Wainwright’s Powering the Future: Advancing Innovation Through Nuclear Virtual Conference on July 15th

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., July 10, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that Chief Executive Officer James Walker will participate in a fireside chat at H.C. Wainwright’s Powering the Future: Advancing Innovation Through Nuclear Virtual Conference hosted by Sameer Joshi, Senior Cleantech Analyst at H.C. Wainwright, on July 15, 2025 at 9:00 a.m., Eastern time.

    Figure 1 – Rendering of NANO Nuclear Energy’s High Technology Readiness Level and Patented KRONOS MMR™ Microreactor Energy System at the University of Illinois Urbana-Champaign

    Mr. Walker is expected to discuss recent business developments, highlighting progress in advancing its lead microreactor project, the patented KRONOS MMR™ Energy System, toward construction, testing and licensing with the U.S. Nuclear Regulatory Commission, as well as key upcoming regulatory milestones necessary for deployment of the KRONOS reactor prototype at the University of Illinois Urbana-Champaign.

    NANO Nuclear is highly focused on expediting its advanced reactor technology to meet expected growth in energy demands across multiple sectors, including data centers powering artificial intelligence. The stationary KRONOS reactor is designed to be completely modular, mass manufactured with a production line, rapidly installed, safer than traditional reactors, co-located at customer sites, a provider of high-capacity factor baseload carbon free power, and a known technology offering the potential to reduce licensing timeframes. NANO Nuclear views KRONOS as a next generation source of reliable, safe, and clean nuclear energy ideal to meet expected future growth in domestic and international energy consumption. 

    Fireside Chat Details:

    Date: Tuesday, July 15, 2025
    Time: 9:00 a.m. ET
    Speaker: James Walker, CEO
    Moderator: Sameer Joshi, H.C. Wainwright Senior Cleantech Analyst
    Webcast: https://journey.ct.events/view/d216b343-edae-4f3e-8627-d19c29340b11

    A replay of the fireside chat webcast will be available for approximately 30 days on NANO Nuclear’s investor relations website at https://ir.nanonuclearenergy.com/news-events/events.

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:
    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release, the fireside chat referred to herein and statements of NANO Nuclear’s management in connection with this news release and such fireside chat contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. Specifically, forward-looking statements include those related to NANO Nuclear’s development plans for the KRONOS MMR™ Energy System and NANO Nuclear’s other future plans and intentions. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Byrna Technologies Reports Fiscal Second Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., July 10, 2025 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today reported select financial results for its fiscal second quarter ended May 31, 2025.

    Fiscal Second Quarter 2025 and Recent Operational Highlights

    • Launched the Byrna Compact Launcher (CL), a 38% smaller launcher than the flagship Byrna SD that delivers the same force per square inch as the Byrna LE. The CL is now available for purchase on Amazon and is featured in Amazon’s Prime Day sales event from July 8-11, 2025.
    • Expanded Byrna’s store-within-a-store concept with Sportsman’s Warehouse, now operating in 12 stores with an additional 10 stores expected to open in the third quarter.
    • Successfully ramping company-owned retail locations launched earlier this year. Byrna’s five locations combined averaged $69,000 in sales during May. Notably, the Scottsdale location reached a sales run rate comparable to Byrna’s long-established Las Vegas store within just a few months of opening.
    • Added Tucker Carlson to the roster of celebrity influencers to amplify brand awareness and promote the normalization of less-lethal solutions.

    Fiscal Second Quarter 2025 Financial Results
    Results compare the fiscal second quarter ended May 31, 2025 (“Q2 2025”) to the fiscal second quarter ended May 31, 2024 (“Q2 2024”) unless otherwise indicated.

    Net revenue for Q2 2025 grew 41% year-over-year to $28.5 million from $20.3 million in Q2 2024. The strong year-over-year growth was primarily attributable to the launch of the CL, increased dealer sales, and broader brand adoption.

    Gross profit for Q2 2025 increased to $17.6 million (62% of net revenue) from $12.6 million (62% of net revenue) in Q2 2024, reflecting the strong increase in sales. The introduction of the CL contributed to a favorable product sales mix that offset any decrease due to a change in channel mix which resulted in stronger dealer sales.

    Operating expenses for Q2 2025 were $14.2 million, compared to $10.6 million for Q2 2024. The increase was primarily due to higher variable selling expenses, payroll costs, and increased discretionary marketing spend.

    Net income for Q2 2025 was $2.4 million, an increase from $2.1 million for Q2 2024, driven by an overall increase in product sales which was partially offset with higher income tax expense for the quarter.

    Adjusted EBITDA1, a non-GAAP metric reconciled below, for Q2 2025 totaled $4.3 million, compared to $2.8 million in Q2 2024.

    Cash, cash equivalents and marketable securities at May 31, 2025 totaled $13.0 million compared to $25.7 million at November 30, 2024. The decrease reflects the planned increase in inventory ahead of the Compact Launcher release and normal seasonal working capital movements. Inventory at May 31, 2025 totaled $32.3 million, compared to $20.0 million at November 30, 2024. The Company has no current or long-term debt.

    Management Commentary
    Byrna CEO Bryan Ganz stated: “The launch of the Byrna CL in May helped us deliver a record $28.5 million in revenue for the second quarter. Despite overall softness in consumer spending, our focused marketing and retail expansion strategies allowed us to continue growing our total addressable market and reach new milestones. Looking ahead, we expect that the CL will be a larger part of our sales mix, especially now that it is available to customers on Amazon.

    “Our dealer channel is also becoming a larger percentage of total sales, increasing 106% in the second quarter, supported by our partnership with Sportsman’s Warehouse. We’ve successfully rolled out the first 12 store-within-a-store locations and plan to add another 10 stores in the third quarter in addition to 38 stores with a point of sale display.

    “Our company-owned stores continue to outperform expectations, with five locations collectively averaging $69,000 in sales during May. Our Scottsdale location, which has only been open for a few months, is already performing at levels similar to our longstanding retail store in Las Vegas. We believe our company-owned stores will continue to perform well and become strong contributors as we further increase local and national brand awareness.

    “On the marketing front, we continue to diversify our approach. We recently added Tucker Carlson to our roster of celebrity influencers, and while it is still early, initial web traffic trends have been encouraging. Additionally, we’ve begun integrating AI tools into our content production, which is already helping us accelerate creative testing and expand our marketing reach.

    “Operationally, we have adjusted production to align with current demand following the CL launch and elevated inventory build. Ahead of the CL debut, production was running heavy in an effort to prepare for the launch. We are now producing at a steady state pace of 15,000 units per month and have implemented a more efficient assembly structure that allows us to maintain output with a smaller, more agile workforce.

    “Looking ahead, we expect consumer sentiment to remain subdued, which may continue to limit near-term revenue upside. However, we are confident that the growing momentum of the CL and our expanding retail presence position us well to deliver strong year-over-year growth in the second half of the year. We also expect our cash position to increase as our heightened inventory levels normalize over the coming quarters. While the third quarter is typically a seasonally slower period for Byrna, we remain focused on executing against our operational priorities, expanding market awareness, and setting the stage for a strong finish to the year.”

    Conference Call
    The Company’s management will host a conference call today, July 10, 2025, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss these results, followed by a question-and-answer period.

    Toll-Free Dial-In: 877-709-8150
    International Dial-In: +1 201-689-8354
    Confirmation: 13754369

    Please call the conference telephone number 5-10 minutes prior to the start time of the conference call. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

    The conference call will be broadcast live and available for replay here and via the Investor Relations section of Byrna’s website.

    About Byrna Technologies Inc.
    Byrna is a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company’s investor relations site here. The Company is the manufacturer of the Byrna® CL, Byrna® LE and Byrna® SD personal security devices, state-of-the-art handheld CO2 powered launchers designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company’s e-commerce store.

    Forward-Looking Statements
    This news release contains “forward-looking statements” within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as “plans,” “expects,” “intends,” “anticipates,” and “believes” and statements that certain actions, events or results “may,” “could,” “would,” “should,” “might,” “occur,” or “be achieved,” or “will be taken.” Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include but are not limited to our statements related to our expected sales during the second half of fiscal year 2025, the expected expansion of Byrna’s store-within-a-store partnership with Sportsman’s Warehouse, expected sales trends for the Byrna CL, Byrna’s expectations regarding sales at its retail stores, benefits from new marketing partnerships, the expected benefits from AI integration with manufacturing and testing, the expected benefits from a leaner workforce, expectations regarding consumer sentiment and seasonal sales variations, and potential increases in our cash position. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.

    Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, disappointing market responses to current or future products or services; prolonged, new, or exacerbated disruption of our supply chain; the further or prolonged disruption of new product development; production or distribution disruption or delays in entry or penetration of sales channels due to inventory constraints, competitive factors, increased transportation costs or interruptions, including due to weather, flooding or fires; prototype, parts and material shortages, particularly of parts sourced from limited or sole source providers; determinations by third party controlled distribution channels, including Amazon, not to carry or reduce inventory of the Company’s products; determinations by advertisers or social media platforms, or legislation that prevents or limits marketing of some or all Byrna products; the loss of marketing partners; increases in marketing expenditure may not yield expected revenue increases; potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factors; product design or manufacturing defects or recalls; litigation, enforcement proceedings or other regulatory or legal developments; changes in consumer or political sentiment affecting product demand; regulatory factors including the impact of commerce and trade laws and regulations and the implementation or change in tariffs; and future restrictions on the Company’s cash resources, increased costs and other events that could potentially reduce demand for the Company’s products or result in order cancellations. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, (“Risk Factors”) in the Company’s most recent Form 10-K and Part II, Item 1A (“Risk Factors”) in the Company’s most recent Form 10-Q, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in the Company’s SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.

    Investor Contact:
    Tom Colton and Alec Wilson
    Gateway Group, Inc.
    949-574-3860
    BYRN@gateway-grp.com

    -Financial Tables to Follow-

    BYRNA TECHNOLOGIES INC.
    Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
    (Amounts in thousands except share and per share data)
    (Unaudited)
                       
        For the Three Months Ended   For the Six Months Ended  
        May 31   May 31  
          2025       2024       2025       2024    
    Net revenue   $ 28,505     $ 20,269     $ 54,695     $ 36,923    
    Cost of goods sold     10,941       7,709       21,207       14,724    
    Gross profit     17,564       12,560       33,488       22,199    
    Operating expenses     14,238       10,647       28,466       20,450    
    INCOME FROM OPERATIONS     3,326       1,913       5,022       1,749    
    OTHER INCOME (EXPENSE)                  
    Foreign currency transaction loss     (135 )     (220 )     (215 )     (279 )  
    Interest income     116       323       303       604    
    Income from joint venture     –       62       –       20    
    Other income     18       2       17       3    
    INCOME BEFORE INCOME TAXES     3,325       2,080       5,127       2,097    
    Income tax expense     (898 )     (3 )     (1,038 )     (3 )  
    NET INCOME (LOSS)   $ 2,427     $ 2,077     $ 4,089     $ 2,094    
                       
    Foreign currency translation adjustment for the period     76       144       (54 )     29    
    Unrealized gain on marketable securities     17       –       77       –    
    COMPREHENSIVE INCOME (LOSS)   $ 2,520     $ 2,221     $ 4,112     $ 2,123    
                       
    Basic net income (loss) per share   $ 0.11     $ 0.09     $ 0.18     $ 0.09    
    Diluted net income (loss) per share   $ 0.10     $ 0.09     $ 0.17     $ 0.09    
                       
    Weighted-average number of common shares outstanding – basic     22,668,546       22,728,500       22,628,270       22,383,769    
    Weighted-average number of common shares outstanding – diluted     23,951,297       23,731,076       24,021,948       22,942,530    
     
    BYRNA TECHNOLOGIES INC.
    Condensed Consolidated Balance Sheets
    (Amounts in thousands, except share and per share data)
               
        May 31   November 30,  
          2025       2024    
        Unaudited      
    ASSETS          
    CURRENT ASSETS          
    Cash and cash equivalents   $ 7,001     $ 16,829    
    Marketable Securities     5,984       8,904    
    Accounts receivable, net     6,536       2,630    
    Inventory, net     32,286       19,972    
    Prepaid expenses and other current assets     3,931       2,623    
    Total current assets     55,738       50,958    
    LONG TERM ASSETS          
    Deposits for equipment     1,981       2,665    
    Right-of-use-asset, net     2,262       2,452    
    Property and equipment, net     6,844       3,408    
    Intangible assets, net     3,215       3,337    
    Goodwill     2,258       2,258    
    Deferred tax asset     4,797       5,837    
    Other assets     355       1,007    
    TOTAL ASSETS   $ 77,450     $ 71,922    
               
    LIABILITIES          
    CURRENT LIABILITIES          
    Accounts payable and accrued liabilities   $ 14,377     $ 13,108    
    Operating lease liabilities, current     652       539    
    Deferred revenue, current     335       1,791    
    Total current liabilities     15,364       15,438    
    LONG TERM LIABILITIES          
    Deferred revenue, non-current     15       17    
    Operating lease liabilities, non-current     1,935       2,098    
    Total liabilities     17,314       17,553    
               
               
    STOCKHOLDERS‘ EQUITY          
    Preferred stock     –       –    
    Common stock     25       25    
    Additional paid-in capital     134,739       133,029    
    Treasury stock     (21,308 )     (21,253 )  
    Accumulated deficit     (52,694 )     (56,783 )  
    Accumulated other comprehensive loss     (626 )     (649 )  
               
    Total Stockholders’ Equity     60,136       54,369    
               
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 77,450     $ 71,922    
               

    Non-GAAP Financial Measures

    In addition to providing financial measurements based on generally accepted accounting principles in the United States (GAAP), we provide an additional financial metric that is not prepared in accordance with GAAP (non-GAAP) with presenting non-GAAP adjusted EBITDA. Management uses this non-GAAP financial measure, in addition to GAAP financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes and to evaluate our financial performance. We believe that this non-GAAP financial measure helps us to identify underlying trends in our business that could otherwise be masked by the effect of certain expenses that we exclude in the calculations of the non-GAAP financial measure.

    Accordingly, we believe that this non-GAAP financial measure reflects our ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business and provides useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects.

    This non-GAAP financial measure does not replace the presentation of our GAAP financial results and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with GAAP. There are limitations in the use of non-GAAP measures, because they do not include all the expenses that must be included under GAAP and because they involve the exercise of judgment concerning exclusions of items from the comparable non-GAAP financial measure. In addition, other companies may use other non-GAAP measures to evaluate their performance, or may calculate non-GAAP measures differently, all of which could reduce the usefulness of our non-GAAP financial measure as a tool for comparison.
             

    Adjusted EBITDA

    Adjusted EBITDA is defined as net (loss) income as reported in our condensed consolidated statements of operations and comprehensive (loss) income excluding the impact of (I) depreciation and amortization; (ii) income tax provision (benefit); (iii) interest income (expense); (iv) stock-based compensation expense, (v) impairment loss, and (vi) one time, non-recurring other expenses or income. Our Adjusted EBITDA measure eliminates potential differences in performance caused by variations in capital structures (affecting finance costs), tax positions, the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense). We also exclude certain one-time and non-cash costs. Reconciliation of Adjusted EBITDA to net (loss) income, the most directly comparable GAAP measure, is as follows (in thousands):

          For the Three Months Ended   For the Six Months Ended  
          May 31   May 31  
            2025       2024       2025       2024    
    Net Income (Loss)   $ 2,427     $ 2,077     $ 4,089     $ 2,094    
                         
    Adjustments:                  
      Interest income     (116 )     (323 )     (303 )     (604 )  
      Income tax expense     898       3       1,038       3    
      Depreciation and amortization     252       165       437       335    
    Non-GAAP EBITDA   $ 3,461     $ 1,922     $ 5,261     $ 1,828    
                         
    Stock-based compensation expense     723       858       1,562       1,796    
    Severance/Separation/Officer recruiting     116           246       175    
    Non-GAAP adjusted EBITDA   $ 4,300     $ 2,780     $ 7,069     $ 3,799    
                         

    1 See non-GAAP financial measures at the end of this press release for a reconciliation and a discussion of non-GAAP financial measures.

    The MIL Network –

  • MIL-OSI: Melissa Debuts Listware® for ArcGIS Pro at Esri User Conference 2025

    Source: GlobeNewswire (MIL-OSI)

    RANCHO SANTA MARGARITA, Calif., July 10, 2025 (GLOBE NEWSWIRE) — Today Melissa brings its powerful data quality engine to one of the world’s most trusted GIS platforms with its Listware® for ArcGIS Pro. This tool puts powerful data cleansing and enrichment capabilities into the hands of GIS professionals, directly inside Esri’s ArcGIS Pro platform. It’s a major step forward for analysts, planners, and public agencies that depend on accurate contact data for emergency response, infrastructure planning, compliance, and community outreach. The tool is especially valuable for government agencies, utilities, public health officials, and any organization relying on contact data as part of its GIS workflows.

    A leading provider of global data quality and address management solutions, Melissa will demonstrate Listware for ArcGIS Pro at Booth #332 during the Esri User Conference in San Diego, July 15–17. Event attendees are invited to see live demos and explore how data quality can enhance every map, model, and mission.

    “A map is only as good as the data behind it, including the contact data tied to sophisticated geospatial analysis. Location is critical—but if the contact data tied to that location is wrong, the whole picture breaks down,” said Daniel Kha Le, Chief Data Officer at Melissa. “We designed Listware for ArcGIS Pro to make data quality easy and accessible, so GIS teams can trust what they see and act with confidence.”

    Listware for ArcGIS Pro enhances ArcGIS Pro with powerful tools for U.S. address verification, contact data cleansing, and enrichment directly within the GIS environment. Users can easily verify and standardize names, addresses, phone numbers, and emails, while appending geocodes, property data, and demographics—no exporting or external tools required.

    Key features include:

    • Real-time validation of U.S. and international addresses, names, phones, and emails
    • Integrated data enrichment, from rooftop geocoding to household demographics
    • Simple batch processing tools for improving data at scale
    • A fully native ArcGIS Pro experience (no exporting, no external tools required)

    To learn more about Melissa’s Listware for ArcGIS Pro, visit www.Melissa.com, or contact sales@Melissa.com. 

    About Melissa
    Powering clean customer data for 40 years, Melissa is the Address Expert. Providing address validation, address autocomplete, and geo-verified address data for 240+ countries, Melissa supports global businesses with its offices across five continents. Melissa’s suite of data quality, ID verification, and location data tools and services drives better decision-making, reduced costs, increased efficiency, and improved compliance. Our APIs, CRM and ecommerce integrations, and online tools help Melissa’s 10,000 customers worldwide process billions of addresses daily, fully capitalizing on the business value of customer data. For more information, visit www.Melissa.com or call 1-800-MELISSA (635-4772).

    Media contacts
    Greg Brown
    Vice President, Global Marketing, Melissa
    greg.brown@Melissa.com
    +1-800-635-4772 x1130

    MPoweredPR for Melissa
    pr@mpoweredpr.com
    +1-877-794-6777

    The MIL Network –

  • MIL-OSI: Ingersoll Rand Celebrates a Landmark Year in Sustainability and Growth in 2024

    Source: GlobeNewswire (MIL-OSI)

    DAVIDSON, N.C., July 10, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc. (NYSE: IR), a global leader in mission-critical flow creation and life science and industrial solutions, proudly announces its most impactful year yet in sustainability, innovation, and operational excellence. The company’s 2024 sustainability report, “Enabling Growth: Leading Sustainably with purpose,” highlights transformative progress and responsible business practices.

    Key highlights include:

    Sustainability leadership recognized globally

    • Ranked in the top 1% of the industry in the 2024 S&P Global Corporate Sustainability Assessment for the third consecutive year.
    • Named to the “A List” by CDP in the environmental stewardship and the supplier engagement leadership categories for the second year in a row.
    • Validated by the Science Based Targets initiative SBTi for Scope 1, 2, and 3 near-term and net-zero targets aligned to 1.5oC.1

    Environmental impact and operational excellence

    • Achieved 61% progress towards our SBTi validated Scope 1 and 2 greenhouse gas (GHG) emissions reduction goal of 42%.
    • Surpassed water reduction goal (-17%) with a 38% absolute reduction.
    • Achieved 74% progress toward our zero waste to landfill goal, which targets more than 50% of sites achieving zero waste to landfill.

    People-first culture and safety excellence

    • Achieved a total recordable incident rate (TRIR) of 0.54, 72% better than the industry average.2
    • Granted equity to approximately 3,900 employees through the company’s Ownership Works program. Since May 2017, more than 25,000 employees have received equity grants.
    • Maintained an employee engagement index score of 81, placing Ingersoll Rand in the top 10% of manufacturing companies.3

    “2024 was a milestone year for Ingersoll Rand,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “We proved that sustainability and growth are not only compatible but mutually reinforcing. Our commitment to sustainable innovation is accelerating value to customers, improving operational efficiency, expanding market opportunities, and delivering long-term value for shareholders.”

    Visit investors.irco.com to read the full 2024 Sustainability Report.

    1 Details on Ingersoll Rand’s validated targets are available on the SBTi dashboard: https://sciencebasedtargets.org/companies-taking-action#dashboard.
    2Per the U.S. Bureau of Labor and Statistics 2023 incidence rates of nonfatal occupational injuries and illnesses by industry and case types data set.
    3Employee Engagement Survey from third-party provider Glint, which administers the survey and provides comparable employee engagement survey figures.

    About Ingersoll Rand Inc.
    Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. Visit irco.com for more information.

    Forward-Looking Statements
    This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.’s (the “Company” or “Ingersoll Rand”) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to,” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

    These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to natural disaster, catastrophe, global pandemics (including COVID-19), geopolitical tensions, cyber events, or other events outside of our control; (2) unexpected costs, charges, or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory, and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

    Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

    Contacts:
    Investor Relations:
    Matthew.Fort@irco.com 

    Media:
    Sara.Hassell@irco.com 

    The MIL Network –

  • MIL-OSI: 180 Degree Capital Corp. Notes Business and Merger-Related Updates Including:

    Source: GlobeNewswire (MIL-OSI)

    • PRELIMINARY NET ASSET VALUE PER SHARE AS OF JUNE 30, 2025, OF $4.80
    • THE FILING OF AN UPDATED PRELIMINARY JOINT PROXY STATEMENT/PROSPECTUS FOR PROPOSED BUSINESS COMBINATION WITH MOUNT LOGAN CAPITAL INC.
    • PLAN TO SCHEDULE SHAREHOLDER CALL DURING WEEK OF JULY 14, 2025.

    MONTCLAIR, N.J., July 10, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”) today announced its preliminary net asset value (“NAV”) per share as of June 30, 2025, of $4.80, which is an increase of approximately 8.6% from the prior quarter, and 3.4% year-to-date.

    180 Degree Capital also noted the filing of an amended preliminary joint proxy statement/prospectus on Schedule 14A with the Securities and Exchange Commission (“SEC”) on Wednesday, July 9, 2025, regarding its proposed merger with Mount Logan Capital Inc. (“Mount Logan”) in an all-stock transaction (the “Business Combination”). As noted in its original press release issued on January 17, 2025, the surviving entity is expected to be a Delaware corporation operating as Mount Logan Capital Inc. (“New Mount Logan”) listed on Nasdaq under the symbol “MLCI”. In connection with the Business Combination, 180 Degree Capital shareholders will receive proportionate ownership of New Mount Logan determined by reference to 180 Degree Capital’s net asset value at closing relative to a valuation of Mount Logan of approximately $67.4 million at signing, subject to certain pre-closing adjustments.

    In addition, Kevin Rendino and Daniel Wolfe plan to host a shareholder call during the week of July 14, 2025, to discuss the preliminary results from Q2 2025, and will be joined by Ted Goldthorpe, Chief Executive Officer of Mount Logan, to discuss the proposed Business Combination. The date and time of this call will be announced in a subsequent release as we gain greater clarity regarding the timing of our registration statement relating to the Business Combination being declared effective by the SEC.

    “We are proud of our performance during Q2 2025, that led to a material increase in NAV during the quarter and positive year-to-date performance,” commented Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “As we mentioned in our press release on June 27, 2025, our focus is on minimizing expenses and maximizing NAV heading into our proposed Business Combination. Our year-to-date net total return (increase in net asset value per share) of $0.16, or +3.4% compares favorably to the +1.1% total return of the Russell Microcap Index. We note that this increase in NAV and outperformance includes a material portion of the ultimate total expenses of the Business Combination that will occur. I also note that our NAV continues to be negatively impacted by legal expenses incurred as a result of efforts by certain shareholders to interfere our proposed Business Combination. Our gross total return of our public investments through the first six months of 2025 of approximately +16.0% compares very favorably to the -1.1% total return of the Russell Microcap Index. Q3 2025 has started similarly well, with continued strong performance of our investment portfolio leading to a NAV as of July 8, 2025, that is approaching $5.00 per share.”

    “As constructive activists, we spend a significant amount of time with our investee management teams and boards, as well as understanding the fundamentals of their businesses,” added Daniel B. Wolfe, President of 180 Degree Capital. “Through this work, we believed, and continue to believe, that there are material value creation opportunities for our holdings at least through the anticipated close of the Business Combination, subject to shareholder and regulatory approvals. While future returns may be different than those to date, we believe our performance year-to-date sets our shareholders up well to maximize NAV heading into the merger, and then the potential to build significant future value off that foundation as an operating company combined with Mount Logan.”

    Mr. Rendino concluded, “We believe we are close to completing the SEC review process, which will allow 180 Degree Capital to commence its efforts to seek shareholder approval for the Business Combination. We believe this proposed Business Combination is a unique opportunity for future value creation for all of 180 Degree Capital’s shareholders. In the meantime, we appreciate the questions, comments and continued strong support from our existing and new shareholders who share in our excitement for this next chapter.”

    About 180 Degree Capital Corp.

    180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 Degree Capital and its holdings can be found on its website at www.180degreecapital.com.

    Press Contact:
    Daniel B. Wolfe
    Robert E. Bigelow
    180 Degree Capital Corp.
    973-746-4500
    ir@180degreecapital.com

    Additional Information and Where to Find It

    In connection with the agreement and plan of merger among 180 Degree Capital Corp. (“180 Degree Capital”), Mount Logan Capital Inc. (“Mount Logan”), Yukon New Parent, Inc. (“New Mount Logan”), Polar Merger Sub, Inc., and Moose Merger Sub, LLC, dated January 16, 2025, as it may from time to time be amended, modified or supplemented (the “Merger Agreement”) that details the proposed combination of the businesses of 180 Degree Capital and Mount Logan and any other transactions contemplated by and pursuant to the terms of the Merger Agreement (the “Business Combination”), 180 Degree Capital intends to file with the SEC and mail to its shareholders a proxy statement on Schedule 14A (the “Proxy Statement”), containing a form of WHITE proxy card. In addition, the surviving Delaware corporation, New Mount Logan plans to file with the SEC a registration statement on Form S-4 (the “Registration Statement”) that will register the exchange of New Mount Logan shares in the Business Combination and include the Proxy Statement and a prospectus of New Mount Logan (the “Prospectus”). The Proxy Statement and the Registration Statement (including the Prospectus) will each contain important information about 180 Degree Capital, Mount Logan, New Mount Logan, the Business Combination and related matters. SHAREHOLDERS OF 180 DEGREE CAPITAL AND MOUNT LOGAN ARE URGED TO READ THE PROXY STATEMENT AND PROSPECTUS CONTAINED IN THE REGISTRATION STATEMENT AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE APPLICABLE SECURITIES REGULATORY AUTHORITIES AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT 180 DEGREE CAPITAL, MOUNT LOGAN, NEW MOUNT LOGAN, THE BUSINESS COMBINATION AND RELATED MATTERS. Investors and security holders may obtain copies of these documents and other documents filed with the applicable securities regulatory authorities free of charge through the website maintained by the SEC at https://www.sec.gov and the website maintained by the Canadian securities regulators at www.sedarplus.ca. Copies of the documents filed by 180 Degree Capital are also available free of charge by accessing 180 Degree Capital’s investor relations website at https://ir.180degreecapital.com.

    Certain Information Concerning the Participants

    180 Degree Capital, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the Business Combination. Information about 180 Degree Capital’s executive officers and directors is available in 180 Degree Capital’s Annual Report filed on Form N-CSR for the year ended December 31, 2024, which was filed with the SEC on February 13, 2025, and in its proxy statement for the 2024 Annual Meeting of Shareholders (“2024 Annual Meeting”), which was filed with the SEC on March 1, 2024. To the extent holdings by the directors and executive officers of 180 Degree Capital securities reported in the proxy statement for the 2024 Annual Meeting have changed, such changes have been or will be reflected on Statements of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are or will be available free of charge at the SEC’s website at https://www.sec.gov. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the 180 Degree Capital shareholders in connection with the Business Combination will be contained in the Proxy Statement when such document becomes available.

    Mount Logan, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the shareholders of Mount Logan in favor of the approval of the Business Combination. Information about Mount Logan’s executive officers and directors is available in Mount Logan’s annual information form dated March 13, 2025, available on its website at https://mountlogancapital.ca/investor-relations and on SEDAR+ at https://www.sedarplus.com. To the extent holdings by the directors and executive officers of Mount Logan securities reported in Mount Logan’s annual information form have changed, such changes have been or will be reflected on insider reports filed on SEDI at https://www.sedi.com/sedi/. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Mount Logan shareholders in connection with the Business Combination will be contained in the Prospectus included in the Registration Statement when such document becomes available.

    Non-Solicitation

    This letter and the materials accompanying it are not intended to be, and shall not constitute, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

    Forward-Looking Statements

    This press release, and oral statements made from time to time by representatives of 180 Degree Capital and Mount Logan, may contain statements of a forward-looking nature relating to future events within the meaning of federal securities laws. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “could,” “continue,” “estimate,” “expects,” “intends,” “will,” “should,” “may,” “plan,” “predict,” “project,” “would,” “forecasts,” “seeks,” “future,” “proposes,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Mount Logan’s and 180 Degree Capital’s current views about future events. Such forward-looking statements include, without limitation, statements about the benefits of the Business Combination involving Mount Logan and 180 Degree Capital, including future financial and operating results, Mount Logan’s and 180 Degree Capital’s plans, objectives, expectations and intentions, the expected timing and likelihood of completion of the Business Combination, and other statements that are not historical facts, including but not limited to future results of operations, projected cash flow and liquidity, business strategy, payment of dividends to shareholders of New Mount Logan, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this press release will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, the ability to obtain the requisite Mount Logan and 180 Degree Capital shareholder approvals; the risk that Mount Logan or 180 Degree Capital may be unable to obtain governmental and regulatory approvals required for the Business Combination (and the risk that such approvals may result in the imposition of conditions that could adversely affect New Mount Logan or the expected benefits of the Business Combination); the risk that an event, change or other circumstance could give rise to the termination of the Business Combination; the risk that a condition to closing of the Business Combination may not be satisfied; the risk of delays in completing the Business Combination; the risk that the businesses will not be integrated successfully; the risk that synergies from the Business Combination may not be fully realized or may take longer to realize than expected; the risk that any announcement relating to the Business Combination could have adverse effects on the market price of Mount Logan’s common shares or 180 Degree Capital’s common shares; unexpected costs resulting from the Business Combination; the possibility that competing offers or acquisition proposals will be made; the risk of litigation related to the Business Combination; the risk that the credit ratings of New Mount Logan or its subsidiaries may be different from what the companies expect; the diversion of management time from ongoing business operations and opportunities as a result of the Business Combination; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Business Combination; competition, government regulation or other actions; the ability of management to execute its plans to meet its goals; risks associated with the evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions; natural and man-made disasters; civil unrest, pandemics, and conditions that may result from legislative, regulatory, trade and policy changes; and other risks inherent in Mount Logan’s and 180 Degree Capital’s businesses. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which 180 Degree Capital has filed or will file from time to time with the SEC and Mount Logan has filed or will file from time to time on SEDAR+.

    Neither Mount Logan nor 180 Degree Capital undertakes any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The references and link to the website www.180degreecapital.com and mountlogancapital.ca have been provided as a convenience, and the information contained on such websites are not incorporated by reference into this press release. Neither 180 Degree Capital nor Mount Logan is responsible for the contents of third-party websites.

    The MIL Network –

  • MIL-OSI: OSS Announces $2 Million Follow-On Production Order from Innovative Medical Imaging OEM

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., July 10, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced a new $2 million production contract from a breakthrough medical imaging OEM advancing non-invasive breast cancer screening. OSS expects the total program value of at least $25 million over the next five years.

    Under the terms of the contract, OSS will provide 65 next-generation liquid-cooled 3U-SDS that have become standard on all the OEM’s Breast Scanning devices. OSS expects to recognize revenue from this contract over the next six to twelve months. This order represents a transition from successful pilot to volume production, following an initial $500,000 development-phase order in March 2025.

    “We are excited to deepen our relationship with this leading medical OEM customer and support their expanding production,” stated OSS President and CEO, Mike Knowles. “Their advanced imaging system relies on machine learning algorithms running in real-time. Meeting their demanding requirements including rugged reliability, GPU performance, small form factor, and minimal noise, highlights the unmatched capability of our Enterprise Class, edge-computing platforms.”

    “This engagement demonstrates how OSS’s high-performance PCIe/Switch Fabric rugged compute solutions are extending into fast-growing commercial markets like healthcare. As next-gen medical and industrial devices demand more localized AI processing, OSS is uniquely positioned to win based on our ability to deliver high-density compute at the rugged edge,” concluded Mr. Knowles.

    At the heart of this platform is OSS’s 3U-SDS system, the Company’s most flexible, rugged solution for AI at the edge. Designed for deployments in anything that moves, from autonomous vehicles and unmanned aerial systems (UAS) to naval platforms and mobile medical devices, the 3U-SDS delivers datacenter-class compute performance in compact, ruggedized form factors.

    This is made possible by OSS’s design capabilities, best-in-class PCIe technologies, and proprietary liquid cooling solution, which reduces system noise by up to 20 decibels compared to traditional air-cooled servers and makes it ideal for acoustically sensitive environments like patient care settings. The 3U-SDS supports direct-to-chip and immersion cooling techniques, approaches historically confined to datacenters and gaming systems that operate in climate-controlled spaces. OSS has brought these innovations to the rugged edge, allowing AI workloads to run in frontline medical environments, quietly and effectively.

    Today’s announcement underscores OSS’s strategy to expand into commercial edge AI markets by applying the same disciplined, platform-based approach that has driven its success in the defense market. Similar to other platforms, this medical imaging system began with a development engagement and is now transitioning into a multi-year production, sustainment, and support relationship. The Company continues to target large, high-growth verticals where rugged, Enterprise-Class computing is essential.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved. Factors that may contribute to our plans or expectations not being achieved include but not limited to the potential and/or the results of this commercial program contract and order, any actual revenue or cumulative sales derived from the contract, the future adoption of technologies or applications, for this and other clients, and the expansion of the Company’s offerings in the healthcare industry and/or relationship with commercial customers. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network –

  • MIL-OSI United Kingdom: Government seeks new BSL Advisory Board members to break down barriers to opportunity faced by Deaf people

    Source: United Kingdom – Government Statements

    Press release

    Government seeks new BSL Advisory Board members to break down barriers to opportunity faced by Deaf people

    The British Sign Language (BSL) Advisory Board is recruiting for a new co-chair and 15 new board members.

    The image shows a meeting of the BSL Advisory Board in progress. It includes members of the Board and The Rt Hon Sir Stephen Timms MP.

    • Applications are now open for 15 new Board members and a new co-chair
    • Current terms for BSL Advisory Board members are due to end 31 December 2025
    • BSL Advisory Board plays a vital role in advising the government

    The British Sign Language (BSL) Advisory Board is recruiting for a new co-chair and 15 new board members.

    The terms of the current chair and members are due to run out on 31 December 2025 after members were recruited for a 3-year term in 2022.

    The BSL Advisory Board chair advert will be live for 4 weeks, and the BSL Advisory Board member advert will be live for 6 weeks.

    Minister for Social Security and Disability, Sir Stephen Timms MP, said:

    This Government is committed to championing the rights of BSL users and Deaf people.

    The BSL Advisory Board plays an integral role in advising the government on the day to day issues that Deaf people face and we will work closely with them so that their views and voices are at the heart of everything we do.

    I look forward to continuing to work with the Board to deliver on our shared goals of breaking down barriers to opportunity for BSL users.

    Following the passage of the BSL Act, the BSL Advisory Board was created to advise the government on key issues impacting the Deaf community in their everyday life.

    It is the first dual language board advising the UK government, and operates in both BSL and English. The Board meets regularly and has established subgroups to focus on particular priorities including education and health and social care.

    The Board has also established 2 short term working groups focussing on the Deafblind interpreter shortage and accessible technology.

    Guided by lived experience, the BSL Advisory Board is central to the government’s mission to break down barriers to opportunity. It ensures the government meets its BSL Act duties, advising on key issues for Deaf people in education, health, technology, and Deafblindness.

    The government is committed to a fair, open recruitment process, welcoming diverse skills and perspectives from across Great Britain, particularly under-represented groups.

    BSL version of this press release

    https://www.youtube.com/watch?v=w8n-3IdxhgY

    Notes to editors

    An online webinar will be hosted by the Disability Unit to inform the Deaf community about the board member role and the recruitment process. Interpreters will be provided for this event.

    Recruitment will be conducted in both BSL and English and applications will be welcomed in both languages.

    Apply to be a BSL Advisory Board member or co-chair – GOV.UK

    British Sign Language (BSL) Advisory Board: meeting summaries – GOV.UK

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI China: China eyes deeper Belt and Road cooperation with Egypt — premier

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

    Chinese Premier Li Qiang meets with Egyptian President Abdel Fattah El-Sisi in Cairo, Egypt, July 10, 2025. [Photo/Xinhua]

    CAIRO, July 10 — Chinese Premier Li Qiang said here on Thursday that China is willing to strengthen Belt and Road cooperation with Egypt in such areas as economy, trade, finance, manufacturing, new energy, science and technology, and cultural and people-to-people exchanges.

    During his meeting with Egyptian President Abdel Fattah El-Sisi, Li also said that China is willing to encourage more capable Chinese enterprises to invest in Egypt.

    Li conveyed to Sisi cordial greetings from Chinese President Xi Jinping, saying that China-Egypt relations have flourished in recent years under the strategic guidance of the two heads of state.

    The Chinese side, Li said, is ready to work with Egypt to take the 70th anniversary of diplomatic ties between the two countries next year as an opportunity to carry forward the traditional friendship, consolidate political mutual trust, and continue to firmly support each other on issues concerning each other’s core interests.

    China is also willing to join Egypt to continue to enrich the China-Egypt comprehensive strategic partnership, push for more achievements in cooperation in various fields between the two nations, and keep moving forward to the goal of building a China-Egypt community with a shared future in the new era.

    The international landscape is marked by mounting turbulence and escalating disorder, with prolonged and unresolved conflicts particularly afflicting the West Asian and North African regions, Li said.

    China stands ready to maintain close communication with Egypt and promote an early ceasefire in Gaza, Li said.

    The Chinese side is also ready to join Egypt in alleviating the humanitarian crisis, preventing the spillover and escalation of the conflict, and making unremitting efforts for a comprehensive, just and lasting settlement of the Palestinian issue, said the Chinese premier.

    He said China is willing to work with Egypt to enhance communication and coordination within multilateral platforms including the United Nations, BRICS and the Shanghai Cooperation Organization, and practice true multilateralism.

    Li added that China will work with Egypt to promote an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization, and push for the steady and long-term development of China-Arab and China-Africa cooperation.

    Chinese Premier Li Qiang meets with Egyptian President Abdel Fattah El-Sisi in Cairo, Egypt, July 10, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-Evening Report: Grattan on Friday: childcare is a ‘canary in mine’ warning for wider problems in policy delivery

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    It’s such a familiar pattern. When a big scandal breaks publicly, governments jump into action, ministers rush out to say they’ll “do something” instantly.

    But how come they hadn’t seen problems that had been in plain sight?

    Who can forget then-workplace relations minister Tony Burke insisting he’d been unaware, before media revelations, that organised crime was in the CFMEU? After a Nine media expose, a large portion of the notorious union soon ended up in administration.

    When a childcare worker was charged with some 70 offences last week, Education Minister Jason Clare immediately declared he’d introduce legislation in the new parliament’s first sitting for the removal of federal funds from errant providers.

    After ABC reporter Adele Ferguson had exposed serious safety issues in the system on Four Corners in March, the Albanese government announced it would be “exploring” various measures to strengthen Commonwealth powers “to deal with providers that put profit over quality and child safety at risk”.

    In another expose, Ferguson this week revealed substantial problems in the training system for childcare workers.

    Federally, childcare comes under the education minister, and there’s also a dedicated minister for early childhood education (Anne Aly last term, now Jess Walsh). Basically, the federal government funds the system while the states and territories regulate it.

    Anthony Albanese made major promises for expanding childcare in his 2022 and 2025 election pitches. The government also supported higher wages for workers in the sector. Albanese has nominated “affordable childcare” as the legacy he wants to leave.

    It’s all the more surprising, then, that the government didn’t seem to spot a plethora of problems in an area so central to the prime minister’s ambitions.

    The government points to the division of responsibility between Commonwealth and states.

    But surely that explanation doesn’t wash or, if it does, the relevant federal and state ministers, public servants and the regulators have not been doing their designated jobs effectively.

    In various human service policy areas, there are split responsibilities, which differ in specific arrangements.
    Politically, this often brings blame-shifting, and arguments over money and accountability.

    The federal government attaches conditions, for example, to funding agreements for hospitals and schools, which fall under state responsibility. But in practice, there are slippages.

    Split responsibilities, whatever their precise form, can never be “set and forget” – rigorous, constant scrutiny needs to be built in.

    Childcare policy has its complications. But, in terms of complexities, it is nothing like, say, running the nation’s defences. There are not unknowns.

    The obvious issues within childcare include funding, safety, workforce numbers and training.

    The childcare revelations will inevitably lead to new regulations – ironically just as a debate about the desirability of easing excessive regulation in some sectors has become fashionable. In many policy areas, there are tensions between regulation and costs, and no unanimity about where the trade offs should be struck.

    The childcare imbroglio highlights the challenges when public policy is substantially delivered by the “for profit” private sector. Social services expert Gabrielle Meagher, professor emerita at Macquarie University, says, “It’s very difficult to regulate across the gaps governments open up when they fund policies that they don’t deliver themselves”.

    The childcare issue also invites much wider questions about how “governing” is working. Such as, are ministers too distracted?

    Today’s ministers spend more time than ever in the media, and travelling (part of the modern “permanent” election campaign). This takes a large amount of their attention. The prime minister is in the media most days.

    One has to wonder how much of this is a diversion for ministers from detailed policy work, especially as they must bone up on “talking points” because, given the 24-hour news cycle, they will be quizzed about issues outside their portfolios. They usually feel obliged to offer an opinion, rather than saying “sorry, that’s not my bag”.

    What about the public servants, who are formally responsible for policy advice, implementation and supervising?

    We saw with Robodebt shocking behaviour by some bureaucrats. There have been substantial reforms since then and, apart from that, the Albanese government has boosted the numbers and strengthened the capability of the public service.

    But is it fit-for-purpose? If it were, wouldn’t the problems in childcare, apparently well-known among many parents, have filtered up through the system to the ears of ministers – even allowing that regulation rests mainly with the states?

    Apart from failures by state regulators, one issue is who is telling what to whom about the sector. The federal minister responsible for early childhood education visits dozens of childcare centres. But on those visits, the minister will be talking to managers, who will have their own set of concerns. The minister is less likely at the centres to encounter parents who have had a bad experience.

    This goes to a wider problem: in areas of human service delivery, providers of services will usually be organised, while consumers lack the same coherent and forceful voice. Complaining through the media may be only way for families using a service to bring things to light.

    But what about the complaints that do flow into government departments, and ministers’ offices? Surely these give a channel for the red flags that point to a policy failure?

    Bureaucrats say all this communication amounts to a great deal of “noise”, but the challenge is to identify what it signifies, in terms of substantive problems to be addressed.

    When programs are growing very fast, the risk is that corners are cut in delivery. We saw this, disastrously, years ago during the global financial crisis when the Rudd government rolled out the home insulation scheme. A royal commission was damning about the failures of the program, which was marked by several deaths and many household fires. Safety had been compromised in the pursuit of speed and the delivery framework was inadequate.

    There are many lessons from the childcare policy failures. A big announcement does not automatically mean a successful policy delivery. Programs can be working on some fronts while flawed on others. All new or expanded policies should come with detailed evaluation arrangements which are then carefully monitored. And while ministers will boast publicly about how well a policy is doing, they should be constantly demanding to know from their bureaucrats where things might be going wrong.

    Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Grattan on Friday: childcare is a ‘canary in mine’ warning for wider problems in policy delivery – https://theconversation.com/grattan-on-friday-childcare-is-a-canary-in-mine-warning-for-wider-problems-in-policy-delivery-259690

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Africa: Western Cape concerned at 23 deaths on province’s roads in one week

    Source: Government of South Africa

    The Western Cape Government has expressed deep concern at the number of pedestrian fatalities and drunk driving arrests recorded during the past week. 

    Between 30 June and 6 July 2025, 23 people lost their lives in 23 crashes on Western Cape roads. 

    These include 15 pedestrians, four drivers, three passengers, and one motorcyclist. 

    The province believes the figures serve as a sobering reminder that reckless behaviour on the roads continues to have devastating consequences, particularly for the most vulnerable road users.

    “The loss of lives on our roads is avoidable and requires collective action. Too many innocent lives are impacted and altered by the poor judgment and decisions of road users,” said Western Cape Mobility MEC Isaac Sileku.

    Sileku said it was most alarming that 57 people were arrested on suspicion of driving under the influence of alcohol during a week marked by heavy rain across the province. 

    “Driving while under the influence, no matter how small the amount, will not be tolerated. Drivers are urged to always prioritise safety,” added Sileku.

    The provincial government said the winter season brought added challenges for all road users. 

    “Shorter days, poor visibility, wet roads, and adverse weather conditions increase the risk of incidents, especially for pedestrians.” 

    Meanwhile, the Western Cape Provincial Government said driving under the influence remained one of the leading causes of road crashes and fatalities. 

    To improve safety and visibility on the roads, the Western Cape’s Provincial Traffic Services conducted 213 integrated roadblocks, vehicle checkpoints, and speed control operations across the province during the past week. 

    Over 27 000 vehicles were stopped and checked, resulting in just over 4 000 fines issued for various traffic violations. 

    A total of 78 arrests were made for various offences, including 57 for driving under the influence of alcohol, 11 for possession of fraudulent documentation, four for reckless and negligent driving, three for vehicles with overloaded goods, two for failure to furnish information, and one for speed-related arrest. 

    The Western Cape Government continues to urge all road users to act responsibly, especially during adverse weather conditions.

    “Pedestrians remain our most vulnerable road users, and the numbers recorded this weekend are a stark reminder. We all have a role to play in protecting lives on our roads, let’s drive, walk, and act with care,” the MEC added.

    Tips for motorists and pedestrians: 

    •    If you plan to drink, arrange for a sober driver, taxi, or e-hailing service.

    •    Never let a friend drive under the influence.

    •    Be part of the solution, report reckless drivers when it is safe to do so.

    •    Pedestrians are urged to take personal responsibility when heading out and wear bright or reflective clothing, especially in poor light conditions.

    •    Cross only at designated crossings or intersections where drivers expect to see pedestrians.

    •    Avoid distractions such as cellphones and headphones when walking near or across roads.

    •    Do not walk under the influence of alcohol. 

    •    Stay alert, always assume drivers cannot see you. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI: Bad Credit? No Problem: GadCapital Launches No Credit Check $500–$1,000 Same-Day Loans for Rent, Bills, & More

    Source: GlobeNewswire (MIL-OSI)

    Aventura, Florida, July 10, 2025 (GLOBE NEWSWIRE) — Loans for bad with credit no credit check have become essential financial solutions for individuals facing urgent expenses without traditional credit approval barriers. GadCapital addresses this critical need by offering same-day funding between $500 and $1,000, eliminating the stress of credit score requirements that often prevent access to emergency funds. Loans for no credit check provide immediate relief for rent payments, utility bills, and unexpected expenses that cannot wait for lengthy approval processes.

    Key Points: GadCapital’s Loans for Bad Credit No Credit Check Solutions

    • GadCapital offers loans for bad credit no credit check ranging from $500 to $1,000 with same-day funding for urgent financial needs like rent and bills.
    • The company provides installment loans for bad credit no credit check with flexible repayment terms that accommodate borrowers’ financial situations.
    • Applicants can access easy loans no credit check through an online application process that requires minimal documentation.
    • GadCapital’s loans no credit check are approved based on income verification rather than traditional credit score requirements.
    • The platform specializes in loans no credit checks for emergency expenses, offering quick approval and funding within hours of application submission.

    Quick no credit check loans from GadCapital deliver fast financial assistance when traditional lenders reject applications based on credit history. Best no credit check loans focus on current income and ability to repay rather than past financial mistakes, making loans with no credit accessible to borrowers who need immediate cash flow solutions. No credit check loans ensure that financial emergencies receive prompt attention without the delays and rejections associated with conventional lending requirements.

    GadCapital Loans for Bad Credit No Credit Check: Same-Day Financial Solutions

    GadCapital loans for bad credit no credit check represent a breakthrough in accessible lending for Americans facing financial challenges.

    The company’s new same-day financial solutions serve the 38% of U.S. consumers classified as non-prime or credit invisible, including 15% with sub-600 credit scores and 23% who are “credit invisible” according to recent market data.

    Bad credit no credit check approval processes eliminate traditional barriers that prevent millions from accessing emergency funds.

    GadCapital’s platform focuses on income verification rather than credit history, making loans available within hours of application approval.

    Types of Loans with No Credit Checks Available Through GadCapital

    Emergency Loans for No Credit History with Guaranteed Approval

    Emergency loans for no credit history provide instant access to funds when unexpected expenses arise, with guaranteed approval.

    GadCapital’s emergency lending solutions target the most common financial needs identified in borrower surveys:

    • Food expenses (54% of borrowers)
    • Housing and rent payments (49% of borrowers)
    • Utility bills (41% of borrowers)
    • Personal necessities (38% of borrowers)

    No credit history requirements mean applicants receive decisions based solely on current income and basic eligibility factors.

    Personal Loans for No Credit and Guaranteed Approval: Flexible Funding for Various Needs

    Personal loans for no credit offer versatile financing options for borrowers without established credit profiles.

    GadCapital’s personal lending products accommodate diverse financial situations while maintaining smooth guaranteed approval processes.

    Loan amounts range from $500 to $1,000, matching the typical range for no credit personal loans in the current market.

    Borrowers use these funds for medical expenses, childcare costs, and other essential needs beyond emergency situations.

    Loans with No Credit Requirements: Income-Based Guaranteed Approval Process

    Loans with no credit requirements rely on employment verification and income documentation instead of credit scores.

    GadCapital’s income-based approval process evaluates:

    1. Current employment status
    2. Monthly income verification
    3. Bank account information
    4. Residency confirmation

    No credit requirements eliminate the barrier that traditional lenders create for credit-invisible consumers seeking financial assistance.

    Loans for People with No Credit: Accessible Financial Solutions

    Loans for people with no credit address the needs of Americans who lack traditional credit histories.

    GadCapital’s accessible financial solutions serve borrowers who may be new to credit or have avoided traditional banking relationships.

    Short Term Loans No Credit Check: Quick Repayment Options

    Short term loans no credit check feature repayment periods designed for borrowers who need immediate funds with manageable payback schedules.

    GadCapital’s quick repayment options:

    • Weekly payment plans
    • Bi-weekly schedules
    • Monthly repayment terms

    No credit check short-term lending maintains approval rates above 60% for subprime and no-score borrowers, similar to trends in related lending sectors.

    Urgent Loans for Bad Credit No Credit Check: Crisis Funding with Guaranteed Approval

    Urgent loans for bad credit no credit check provide immediate financial relief during crisis situations.

    GadCapital’s crisis management funding delivers same-day guaranteed approval and funding for borrowers facing:

    • Unexpected medical bills
    • Emergency home repairs
    • Vehicle breakdown costs
    • Job loss situations

    Bad credit no credit check policies ensure that past financial difficulties don’t prevent access to emergency funding when needed most.

    No Credit Needed Loans: GadCapital’s Qualification Process

    No credit needed loans eliminate complex qualification requirements that traditional lenders impose. Borrowers complete applications in minutes rather than hours or days.

    GadCapital’s simplified qualification process requires only basic documentation and income verification. Credit needed barriers disappear when lenders focus on current financial capacity rather than historical credit performance.

    Small Loans with No Credit Check: Modest Amounts for Essential Expenses

    Small loans with no credit check provide modest funding amounts perfect for covering essential expenses without creating overwhelming debt burdens.

    GadCapital’s guaranteed no credit check small loan products target the $500-$1,000 range that borrowers most commonly request.

    GadCapital Application Process for No Credit Check Small Loans

    Quick Loans with No Credit Check: Easy Online Application

    Quick loans with no credit check feature GadCapital’s online application that takes less than 10 minutes to complete, and includes a few steps:

    1. Basic personal information entry
    2. Income and employment details
    3. Bank account verification
    4. Digital signature completion

    No credit check applications eliminate waiting periods associated with credit report reviews and scoring analysis, even for 1-hour payday loans no credit check.

    Easy Approval Loans for Bad Credit: Simple Documentation Steps

    Easy approval loans for bad credit require minimal documentation compared to traditional lending products. Bad credit histories don’t disqualify applicants when documentation demonstrates current financial stability and repayment capacity.

    GadCapital’s simple documentation requirements:

    • Recent pay stubs or income statements
    • Valid government-issued identification
    • Active bank account information
    • Proof of residence

    Requirements for Personal Loans for No Credit History

    Income Based Loans No Credit Check: Employment Verification Standards

    Income based loans no credit check rely on employment verification as the primary qualification factor.

    GadCapital’s employment verification standards require:

    • Minimum monthly income of $1,000
    • Employment history of at least 90 days
    • Direct deposit capability
    • Stable income source documentation

    No credit check income verification processes use bank statements and pay stubs rather than credit bureau reports to help get guaranteed approval.

    Small Loans No Credit Check: Basic Eligibility Criteria

    Small loans no credit check maintain straightforward eligibility requirements that most working adults can meet. Basic eligibility criteria include:

    • Age 18 or older
    • U.S. citizenship or permanent residency
    • Active checking account
    • Valid contact information

    No credit check eligibility focuses on current circumstances rather than past financial challenges or credit mistakes.

    Funding Speed for Quick Loans No Credit Check with GadCapital

    Same-Day Processing for No Credit Check Installment Loans with Guaranteed Approval

    Same-day processing for no credit check installment loans delivers funds within hours of approval, guaranteed.

    GadCapital’s same-day service processes applications and transfers funds on the same business day for qualified borrowers.

    No credit check installment loans eliminate the multi-day waiting periods that traditional lenders require for credit verification and underwriting reviews.

    Online Loans for Bad Credit No Credit Check: Digital Efficiency

    Online loans for bad credit no credit check leverage digital technology to maximize processing efficiency.

    GadCapital’s digital efficiency includes:

    • Automated income verification
    • Instant bank account validation
    • Electronic document processing
    • Real-time approval notifications

    Bad credit no credit check online systems operate 24/7, allowing borrowers to apply and receive decisions outside traditional banking hours.

    Payment Flexibility Options for First Time Personal Loans No Credit History

    Repayment Terms for No Credit Score Loans

    Repayment terms for no credit score loans offer flexible scheduling options that accommodate various income patterns.

    GadCapital provides multiple repayment structures for borrowers without established credit scores.

    No credit score loans feature terms ranging from 2 weeks to 6 months, allowing borrowers to select schedules that align with their pay cycles and budget constraints.

    Customizable Payment Schedules

    Customizable payment schedules enable borrowers to adjust repayment timing based on individual financial situations.

    GadCapital’s main scheduling options:

    • Weekly payments for frequent income earners
    • Bi-weekly payments matching standard pay periods
    • Monthly payments for salaried employees
    • Custom dates aligned with other financial obligations

    Payment flexibility reduces the risk of default and helps borrowers maintain positive relationships with lenders.

    Final Thoughts on GadCapital’s No Credit Check Lending Solutions

    GadCapital’s no credit check lending solutions fill a critical gap in the financial services market by providing accessible funding to millions of Americans who face barriers with traditional lending, and the company’s focus on income-based approval processes, same-day funding, and flexible repayment options creates opportunities for financial stability among borrowers who might otherwise resort to more expensive alternatives or remain unable to address urgent financial needs.

    Disclaimer: GadCapital matches you with lending partners. Approval isn’t automatic – it depends on each lender’s criteria and your state’s rules. Our credit check won’t ding your score. Your loan details depend on which lender picks you and your financial situation. Money usually hits your account fast, but every bank’s different.

    Contact Data

    GadCapital Press Office
    Phone: (800) 961-5909
    Email: info@gadcapital.com
    Website: https://gadcapital.com

    The MIL Network –

  • MIL-OSI: Bad Credit? No Problem: GadCapital Launches No Credit Check $500–$1,000 Same-Day Loans for Rent, Bills, & More

    Source: GlobeNewswire (MIL-OSI)

    Aventura, Florida, July 10, 2025 (GLOBE NEWSWIRE) — Loans for bad with credit no credit check have become essential financial solutions for individuals facing urgent expenses without traditional credit approval barriers. GadCapital addresses this critical need by offering same-day funding between $500 and $1,000, eliminating the stress of credit score requirements that often prevent access to emergency funds. Loans for no credit check provide immediate relief for rent payments, utility bills, and unexpected expenses that cannot wait for lengthy approval processes.

    Key Points: GadCapital’s Loans for Bad Credit No Credit Check Solutions

    • GadCapital offers loans for bad credit no credit check ranging from $500 to $1,000 with same-day funding for urgent financial needs like rent and bills.
    • The company provides installment loans for bad credit no credit check with flexible repayment terms that accommodate borrowers’ financial situations.
    • Applicants can access easy loans no credit check through an online application process that requires minimal documentation.
    • GadCapital’s loans no credit check are approved based on income verification rather than traditional credit score requirements.
    • The platform specializes in loans no credit checks for emergency expenses, offering quick approval and funding within hours of application submission.

    Quick no credit check loans from GadCapital deliver fast financial assistance when traditional lenders reject applications based on credit history. Best no credit check loans focus on current income and ability to repay rather than past financial mistakes, making loans with no credit accessible to borrowers who need immediate cash flow solutions. No credit check loans ensure that financial emergencies receive prompt attention without the delays and rejections associated with conventional lending requirements.

    GadCapital Loans for Bad Credit No Credit Check: Same-Day Financial Solutions

    GadCapital loans for bad credit no credit check represent a breakthrough in accessible lending for Americans facing financial challenges.

    The company’s new same-day financial solutions serve the 38% of U.S. consumers classified as non-prime or credit invisible, including 15% with sub-600 credit scores and 23% who are “credit invisible” according to recent market data.

    Bad credit no credit check approval processes eliminate traditional barriers that prevent millions from accessing emergency funds.

    GadCapital’s platform focuses on income verification rather than credit history, making loans available within hours of application approval.

    Types of Loans with No Credit Checks Available Through GadCapital

    Emergency Loans for No Credit History with Guaranteed Approval

    Emergency loans for no credit history provide instant access to funds when unexpected expenses arise, with guaranteed approval.

    GadCapital’s emergency lending solutions target the most common financial needs identified in borrower surveys:

    • Food expenses (54% of borrowers)
    • Housing and rent payments (49% of borrowers)
    • Utility bills (41% of borrowers)
    • Personal necessities (38% of borrowers)

    No credit history requirements mean applicants receive decisions based solely on current income and basic eligibility factors.

    Personal Loans for No Credit and Guaranteed Approval: Flexible Funding for Various Needs

    Personal loans for no credit offer versatile financing options for borrowers without established credit profiles.

    GadCapital’s personal lending products accommodate diverse financial situations while maintaining smooth guaranteed approval processes.

    Loan amounts range from $500 to $1,000, matching the typical range for no credit personal loans in the current market.

    Borrowers use these funds for medical expenses, childcare costs, and other essential needs beyond emergency situations.

    Loans with No Credit Requirements: Income-Based Guaranteed Approval Process

    Loans with no credit requirements rely on employment verification and income documentation instead of credit scores.

    GadCapital’s income-based approval process evaluates:

    1. Current employment status
    2. Monthly income verification
    3. Bank account information
    4. Residency confirmation

    No credit requirements eliminate the barrier that traditional lenders create for credit-invisible consumers seeking financial assistance.

    Loans for People with No Credit: Accessible Financial Solutions

    Loans for people with no credit address the needs of Americans who lack traditional credit histories.

    GadCapital’s accessible financial solutions serve borrowers who may be new to credit or have avoided traditional banking relationships.

    Short Term Loans No Credit Check: Quick Repayment Options

    Short term loans no credit check feature repayment periods designed for borrowers who need immediate funds with manageable payback schedules.

    GadCapital’s quick repayment options:

    • Weekly payment plans
    • Bi-weekly schedules
    • Monthly repayment terms

    No credit check short-term lending maintains approval rates above 60% for subprime and no-score borrowers, similar to trends in related lending sectors.

    Urgent Loans for Bad Credit No Credit Check: Crisis Funding with Guaranteed Approval

    Urgent loans for bad credit no credit check provide immediate financial relief during crisis situations.

    GadCapital’s crisis management funding delivers same-day guaranteed approval and funding for borrowers facing:

    • Unexpected medical bills
    • Emergency home repairs
    • Vehicle breakdown costs
    • Job loss situations

    Bad credit no credit check policies ensure that past financial difficulties don’t prevent access to emergency funding when needed most.

    No Credit Needed Loans: GadCapital’s Qualification Process

    No credit needed loans eliminate complex qualification requirements that traditional lenders impose. Borrowers complete applications in minutes rather than hours or days.

    GadCapital’s simplified qualification process requires only basic documentation and income verification. Credit needed barriers disappear when lenders focus on current financial capacity rather than historical credit performance.

    Small Loans with No Credit Check: Modest Amounts for Essential Expenses

    Small loans with no credit check provide modest funding amounts perfect for covering essential expenses without creating overwhelming debt burdens.

    GadCapital’s guaranteed no credit check small loan products target the $500-$1,000 range that borrowers most commonly request.

    GadCapital Application Process for No Credit Check Small Loans

    Quick Loans with No Credit Check: Easy Online Application

    Quick loans with no credit check feature GadCapital’s online application that takes less than 10 minutes to complete, and includes a few steps:

    1. Basic personal information entry
    2. Income and employment details
    3. Bank account verification
    4. Digital signature completion

    No credit check applications eliminate waiting periods associated with credit report reviews and scoring analysis, even for 1-hour payday loans no credit check.

    Easy Approval Loans for Bad Credit: Simple Documentation Steps

    Easy approval loans for bad credit require minimal documentation compared to traditional lending products. Bad credit histories don’t disqualify applicants when documentation demonstrates current financial stability and repayment capacity.

    GadCapital’s simple documentation requirements:

    • Recent pay stubs or income statements
    • Valid government-issued identification
    • Active bank account information
    • Proof of residence

    Requirements for Personal Loans for No Credit History

    Income Based Loans No Credit Check: Employment Verification Standards

    Income based loans no credit check rely on employment verification as the primary qualification factor.

    GadCapital’s employment verification standards require:

    • Minimum monthly income of $1,000
    • Employment history of at least 90 days
    • Direct deposit capability
    • Stable income source documentation

    No credit check income verification processes use bank statements and pay stubs rather than credit bureau reports to help get guaranteed approval.

    Small Loans No Credit Check: Basic Eligibility Criteria

    Small loans no credit check maintain straightforward eligibility requirements that most working adults can meet. Basic eligibility criteria include:

    • Age 18 or older
    • U.S. citizenship or permanent residency
    • Active checking account
    • Valid contact information

    No credit check eligibility focuses on current circumstances rather than past financial challenges or credit mistakes.

    Funding Speed for Quick Loans No Credit Check with GadCapital

    Same-Day Processing for No Credit Check Installment Loans with Guaranteed Approval

    Same-day processing for no credit check installment loans delivers funds within hours of approval, guaranteed.

    GadCapital’s same-day service processes applications and transfers funds on the same business day for qualified borrowers.

    No credit check installment loans eliminate the multi-day waiting periods that traditional lenders require for credit verification and underwriting reviews.

    Online Loans for Bad Credit No Credit Check: Digital Efficiency

    Online loans for bad credit no credit check leverage digital technology to maximize processing efficiency.

    GadCapital’s digital efficiency includes:

    • Automated income verification
    • Instant bank account validation
    • Electronic document processing
    • Real-time approval notifications

    Bad credit no credit check online systems operate 24/7, allowing borrowers to apply and receive decisions outside traditional banking hours.

    Payment Flexibility Options for First Time Personal Loans No Credit History

    Repayment Terms for No Credit Score Loans

    Repayment terms for no credit score loans offer flexible scheduling options that accommodate various income patterns.

    GadCapital provides multiple repayment structures for borrowers without established credit scores.

    No credit score loans feature terms ranging from 2 weeks to 6 months, allowing borrowers to select schedules that align with their pay cycles and budget constraints.

    Customizable Payment Schedules

    Customizable payment schedules enable borrowers to adjust repayment timing based on individual financial situations.

    GadCapital’s main scheduling options:

    • Weekly payments for frequent income earners
    • Bi-weekly payments matching standard pay periods
    • Monthly payments for salaried employees
    • Custom dates aligned with other financial obligations

    Payment flexibility reduces the risk of default and helps borrowers maintain positive relationships with lenders.

    Final Thoughts on GadCapital’s No Credit Check Lending Solutions

    GadCapital’s no credit check lending solutions fill a critical gap in the financial services market by providing accessible funding to millions of Americans who face barriers with traditional lending, and the company’s focus on income-based approval processes, same-day funding, and flexible repayment options creates opportunities for financial stability among borrowers who might otherwise resort to more expensive alternatives or remain unable to address urgent financial needs.

    Disclaimer: GadCapital matches you with lending partners. Approval isn’t automatic – it depends on each lender’s criteria and your state’s rules. Our credit check won’t ding your score. Your loan details depend on which lender picks you and your financial situation. Money usually hits your account fast, but every bank’s different.

    Contact Data

    GadCapital Press Office
    Phone: (800) 961-5909
    Email: info@gadcapital.com
    Website: https://gadcapital.com

    The MIL Network –

  • MIL-OSI: Abraxas Power Corp. Receives First Ever Renewable Energy Permit from the Maldives Special Economic Zone Board of Investment

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — ABRAXAS POWER CORP. (“Abraxas” or the “Company”) is pleased to announce that its subsidiary, APM SPV Pvt Ltd., has signed an Investment Agreement with the Government of Maldives for the development of its flagship Project Solar City in the Republic of Maldives (aka “Luminosity”), a pioneering 100 MW mixed-use renewable energy project.

    Following the successful execution of the Investment Agreement with the Government of Maldives, the President of the Maldives has issued a Presidential Decree, dated 1 July 2025, officially designating the Project Area as a Special Economic Zone under the Special Economic Zone Act (“SEZ Act”). This marks the first-ever Presidential Decree issued under the SEZ Act and represents a historic achievement for both Abraxas and the Maldives in advancing renewable energy and sustainable investment. The Project showcases the Abraxas team’s leadership and expertise in supporting a complex energy transition and advances Abraxas’ mandate to develop projects that further the UN Development Programme’s sustainable development goals, specifically Sustainable Development Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.

    “Our initiative in the Maldives represents a transformative step toward a cleaner, more resilient energy future,” said Mr. J. Colter Eadie, Chief Executive Officer of Abraxas. “By leveraging sustainable innovation and strategic investment, we aim to cut emissions, lower energy costs, and meet up to 50% of Greater Malé’s electricity demand with 100% clean power. This project not only strengthens national energy security by reducing reliance on imported fossil fuels, but also supports the country’s foreign reserves by addressing one of its largest sources of capital outflow. With stable, long-term pricing insulated from global volatility, we are proud to support the Maldives in setting a new standard for environmental leadership and energy independence.”

    The Project aligns with the Maldives government’s goal of ensuring adequate, reliable, sustainable, secure, and affordable energy to foster prosperity, and represents a crucial milestone in achieving the country’s net zero targets by 2030. The Project alone has the potential to fulfill the commitment made by the Maldives’ President Dr. Mohamed Muizzu during the COP28 summit to generate at least 33% of the Maldives’ energy needs through renewable sources by 2028.

    Eadie continued, “This project is about more than clean energy — it’s about transferring knowledge, technology, and global best practices to empower local enterprises and accelerate infrastructure development across the Maldives. It demonstrates how strategic investment can generate far-reaching benefits, driving inclusive growth and long-term prosperity. We are proud to partner with the Government of the Maldives to bring this vision to life.”

    About Abraxas Power Corp.

    Abraxas is an energy transition developer focused on decarbonizing hard-to-abate sectors and creating value by solving the current and future challenges of the energy transition. Abraxas’ broad mandate allows it to see opportunities across technologies and geographies to transform the global energy industry. Our team has extensive experience in leading, financing, and solving the challenges associated with energy transition and a proven track record of delivering complex, large-scale development projects across various disciplines, including renewable power and storage, hydrogen and ammonia production, industrial and precious metals, large-scale project construction, and operations at scale. The team possesses strong project finance and capital markets experience and has a history of creating value for shareholders, stakeholders, and the communities they live in. Abraxas has signed strategic partnerships with various global strategics and technology providers.

    Abraxas has secured over US$9 billion in capital projects through competitive government awards over the past year in furtherance of the energy transition, including our marquis Exploits Valley Renewable Energy Corporation project in Newfoundland, Canada.

    To learn more, visit www.abraxaspower.com

    Cautionary Notes

    Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding the development of the Project, the ability of the Project to meet the Company’s targets for energy generation, Abraxas’ plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only Abraxas’ expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied, or forecasted in such forward-looking statements. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Abraxas. These forward-looking statements are made as of the date of this press release and Abraxas assumes no obligation to update or revise them to reflect subsequent information, events, or circumstances or otherwise, except as required by law.

    The MIL Network –

  • MIL-OSI: Abraxas Power Corp. Receives First Ever Renewable Energy Permit from the Maldives Special Economic Zone Board of Investment

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — ABRAXAS POWER CORP. (“Abraxas” or the “Company”) is pleased to announce that its subsidiary, APM SPV Pvt Ltd., has signed an Investment Agreement with the Government of Maldives for the development of its flagship Project Solar City in the Republic of Maldives (aka “Luminosity”), a pioneering 100 MW mixed-use renewable energy project.

    Following the successful execution of the Investment Agreement with the Government of Maldives, the President of the Maldives has issued a Presidential Decree, dated 1 July 2025, officially designating the Project Area as a Special Economic Zone under the Special Economic Zone Act (“SEZ Act”). This marks the first-ever Presidential Decree issued under the SEZ Act and represents a historic achievement for both Abraxas and the Maldives in advancing renewable energy and sustainable investment. The Project showcases the Abraxas team’s leadership and expertise in supporting a complex energy transition and advances Abraxas’ mandate to develop projects that further the UN Development Programme’s sustainable development goals, specifically Sustainable Development Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.

    “Our initiative in the Maldives represents a transformative step toward a cleaner, more resilient energy future,” said Mr. J. Colter Eadie, Chief Executive Officer of Abraxas. “By leveraging sustainable innovation and strategic investment, we aim to cut emissions, lower energy costs, and meet up to 50% of Greater Malé’s electricity demand with 100% clean power. This project not only strengthens national energy security by reducing reliance on imported fossil fuels, but also supports the country’s foreign reserves by addressing one of its largest sources of capital outflow. With stable, long-term pricing insulated from global volatility, we are proud to support the Maldives in setting a new standard for environmental leadership and energy independence.”

    The Project aligns with the Maldives government’s goal of ensuring adequate, reliable, sustainable, secure, and affordable energy to foster prosperity, and represents a crucial milestone in achieving the country’s net zero targets by 2030. The Project alone has the potential to fulfill the commitment made by the Maldives’ President Dr. Mohamed Muizzu during the COP28 summit to generate at least 33% of the Maldives’ energy needs through renewable sources by 2028.

    Eadie continued, “This project is about more than clean energy — it’s about transferring knowledge, technology, and global best practices to empower local enterprises and accelerate infrastructure development across the Maldives. It demonstrates how strategic investment can generate far-reaching benefits, driving inclusive growth and long-term prosperity. We are proud to partner with the Government of the Maldives to bring this vision to life.”

    About Abraxas Power Corp.

    Abraxas is an energy transition developer focused on decarbonizing hard-to-abate sectors and creating value by solving the current and future challenges of the energy transition. Abraxas’ broad mandate allows it to see opportunities across technologies and geographies to transform the global energy industry. Our team has extensive experience in leading, financing, and solving the challenges associated with energy transition and a proven track record of delivering complex, large-scale development projects across various disciplines, including renewable power and storage, hydrogen and ammonia production, industrial and precious metals, large-scale project construction, and operations at scale. The team possesses strong project finance and capital markets experience and has a history of creating value for shareholders, stakeholders, and the communities they live in. Abraxas has signed strategic partnerships with various global strategics and technology providers.

    Abraxas has secured over US$9 billion in capital projects through competitive government awards over the past year in furtherance of the energy transition, including our marquis Exploits Valley Renewable Energy Corporation project in Newfoundland, Canada.

    To learn more, visit www.abraxaspower.com

    Cautionary Notes

    Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding the development of the Project, the ability of the Project to meet the Company’s targets for energy generation, Abraxas’ plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only Abraxas’ expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied, or forecasted in such forward-looking statements. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Abraxas. These forward-looking statements are made as of the date of this press release and Abraxas assumes no obligation to update or revise them to reflect subsequent information, events, or circumstances or otherwise, except as required by law.

    The MIL Network –

  • MIL-OSI: Bad Credit? No Problem: GadCapital Launches No Credit Check $500–$1,000 Same-Day Loans for Rent, Bills, & More

    Source: GlobeNewswire (MIL-OSI)

    Aventura, Florida, July 10, 2025 (GLOBE NEWSWIRE) — Loans for bad with credit no credit check have become essential financial solutions for individuals facing urgent expenses without traditional credit approval barriers. GadCapital addresses this critical need by offering same-day funding between $500 and $1,000, eliminating the stress of credit score requirements that often prevent access to emergency funds. Loans for no credit check provide immediate relief for rent payments, utility bills, and unexpected expenses that cannot wait for lengthy approval processes.

    Key Points: GadCapital’s Loans for Bad Credit No Credit Check Solutions

    • GadCapital offers loans for bad credit no credit check ranging from $500 to $1,000 with same-day funding for urgent financial needs like rent and bills.
    • The company provides installment loans for bad credit no credit check with flexible repayment terms that accommodate borrowers’ financial situations.
    • Applicants can access easy loans no credit check through an online application process that requires minimal documentation.
    • GadCapital’s loans no credit check are approved based on income verification rather than traditional credit score requirements.
    • The platform specializes in loans no credit checks for emergency expenses, offering quick approval and funding within hours of application submission.

    Quick no credit check loans from GadCapital deliver fast financial assistance when traditional lenders reject applications based on credit history. Best no credit check loans focus on current income and ability to repay rather than past financial mistakes, making loans with no credit accessible to borrowers who need immediate cash flow solutions. No credit check loans ensure that financial emergencies receive prompt attention without the delays and rejections associated with conventional lending requirements.

    GadCapital Loans for Bad Credit No Credit Check: Same-Day Financial Solutions

    GadCapital loans for bad credit no credit check represent a breakthrough in accessible lending for Americans facing financial challenges.

    The company’s new same-day financial solutions serve the 38% of U.S. consumers classified as non-prime or credit invisible, including 15% with sub-600 credit scores and 23% who are “credit invisible” according to recent market data.

    Bad credit no credit check approval processes eliminate traditional barriers that prevent millions from accessing emergency funds.

    GadCapital’s platform focuses on income verification rather than credit history, making loans available within hours of application approval.

    Types of Loans with No Credit Checks Available Through GadCapital

    Emergency Loans for No Credit History with Guaranteed Approval

    Emergency loans for no credit history provide instant access to funds when unexpected expenses arise, with guaranteed approval.

    GadCapital’s emergency lending solutions target the most common financial needs identified in borrower surveys:

    • Food expenses (54% of borrowers)
    • Housing and rent payments (49% of borrowers)
    • Utility bills (41% of borrowers)
    • Personal necessities (38% of borrowers)

    No credit history requirements mean applicants receive decisions based solely on current income and basic eligibility factors.

    Personal Loans for No Credit and Guaranteed Approval: Flexible Funding for Various Needs

    Personal loans for no credit offer versatile financing options for borrowers without established credit profiles.

    GadCapital’s personal lending products accommodate diverse financial situations while maintaining smooth guaranteed approval processes.

    Loan amounts range from $500 to $1,000, matching the typical range for no credit personal loans in the current market.

    Borrowers use these funds for medical expenses, childcare costs, and other essential needs beyond emergency situations.

    Loans with No Credit Requirements: Income-Based Guaranteed Approval Process

    Loans with no credit requirements rely on employment verification and income documentation instead of credit scores.

    GadCapital’s income-based approval process evaluates:

    1. Current employment status
    2. Monthly income verification
    3. Bank account information
    4. Residency confirmation

    No credit requirements eliminate the barrier that traditional lenders create for credit-invisible consumers seeking financial assistance.

    Loans for People with No Credit: Accessible Financial Solutions

    Loans for people with no credit address the needs of Americans who lack traditional credit histories.

    GadCapital’s accessible financial solutions serve borrowers who may be new to credit or have avoided traditional banking relationships.

    Short Term Loans No Credit Check: Quick Repayment Options

    Short term loans no credit check feature repayment periods designed for borrowers who need immediate funds with manageable payback schedules.

    GadCapital’s quick repayment options:

    • Weekly payment plans
    • Bi-weekly schedules
    • Monthly repayment terms

    No credit check short-term lending maintains approval rates above 60% for subprime and no-score borrowers, similar to trends in related lending sectors.

    Urgent Loans for Bad Credit No Credit Check: Crisis Funding with Guaranteed Approval

    Urgent loans for bad credit no credit check provide immediate financial relief during crisis situations.

    GadCapital’s crisis management funding delivers same-day guaranteed approval and funding for borrowers facing:

    • Unexpected medical bills
    • Emergency home repairs
    • Vehicle breakdown costs
    • Job loss situations

    Bad credit no credit check policies ensure that past financial difficulties don’t prevent access to emergency funding when needed most.

    No Credit Needed Loans: GadCapital’s Qualification Process

    No credit needed loans eliminate complex qualification requirements that traditional lenders impose. Borrowers complete applications in minutes rather than hours or days.

    GadCapital’s simplified qualification process requires only basic documentation and income verification. Credit needed barriers disappear when lenders focus on current financial capacity rather than historical credit performance.

    Small Loans with No Credit Check: Modest Amounts for Essential Expenses

    Small loans with no credit check provide modest funding amounts perfect for covering essential expenses without creating overwhelming debt burdens.

    GadCapital’s guaranteed no credit check small loan products target the $500-$1,000 range that borrowers most commonly request.

    GadCapital Application Process for No Credit Check Small Loans

    Quick Loans with No Credit Check: Easy Online Application

    Quick loans with no credit check feature GadCapital’s online application that takes less than 10 minutes to complete, and includes a few steps:

    1. Basic personal information entry
    2. Income and employment details
    3. Bank account verification
    4. Digital signature completion

    No credit check applications eliminate waiting periods associated with credit report reviews and scoring analysis, even for 1-hour payday loans no credit check.

    Easy Approval Loans for Bad Credit: Simple Documentation Steps

    Easy approval loans for bad credit require minimal documentation compared to traditional lending products. Bad credit histories don’t disqualify applicants when documentation demonstrates current financial stability and repayment capacity.

    GadCapital’s simple documentation requirements:

    • Recent pay stubs or income statements
    • Valid government-issued identification
    • Active bank account information
    • Proof of residence

    Requirements for Personal Loans for No Credit History

    Income Based Loans No Credit Check: Employment Verification Standards

    Income based loans no credit check rely on employment verification as the primary qualification factor.

    GadCapital’s employment verification standards require:

    • Minimum monthly income of $1,000
    • Employment history of at least 90 days
    • Direct deposit capability
    • Stable income source documentation

    No credit check income verification processes use bank statements and pay stubs rather than credit bureau reports to help get guaranteed approval.

    Small Loans No Credit Check: Basic Eligibility Criteria

    Small loans no credit check maintain straightforward eligibility requirements that most working adults can meet. Basic eligibility criteria include:

    • Age 18 or older
    • U.S. citizenship or permanent residency
    • Active checking account
    • Valid contact information

    No credit check eligibility focuses on current circumstances rather than past financial challenges or credit mistakes.

    Funding Speed for Quick Loans No Credit Check with GadCapital

    Same-Day Processing for No Credit Check Installment Loans with Guaranteed Approval

    Same-day processing for no credit check installment loans delivers funds within hours of approval, guaranteed.

    GadCapital’s same-day service processes applications and transfers funds on the same business day for qualified borrowers.

    No credit check installment loans eliminate the multi-day waiting periods that traditional lenders require for credit verification and underwriting reviews.

    Online Loans for Bad Credit No Credit Check: Digital Efficiency

    Online loans for bad credit no credit check leverage digital technology to maximize processing efficiency.

    GadCapital’s digital efficiency includes:

    • Automated income verification
    • Instant bank account validation
    • Electronic document processing
    • Real-time approval notifications

    Bad credit no credit check online systems operate 24/7, allowing borrowers to apply and receive decisions outside traditional banking hours.

    Payment Flexibility Options for First Time Personal Loans No Credit History

    Repayment Terms for No Credit Score Loans

    Repayment terms for no credit score loans offer flexible scheduling options that accommodate various income patterns.

    GadCapital provides multiple repayment structures for borrowers without established credit scores.

    No credit score loans feature terms ranging from 2 weeks to 6 months, allowing borrowers to select schedules that align with their pay cycles and budget constraints.

    Customizable Payment Schedules

    Customizable payment schedules enable borrowers to adjust repayment timing based on individual financial situations.

    GadCapital’s main scheduling options:

    • Weekly payments for frequent income earners
    • Bi-weekly payments matching standard pay periods
    • Monthly payments for salaried employees
    • Custom dates aligned with other financial obligations

    Payment flexibility reduces the risk of default and helps borrowers maintain positive relationships with lenders.

    Final Thoughts on GadCapital’s No Credit Check Lending Solutions

    GadCapital’s no credit check lending solutions fill a critical gap in the financial services market by providing accessible funding to millions of Americans who face barriers with traditional lending, and the company’s focus on income-based approval processes, same-day funding, and flexible repayment options creates opportunities for financial stability among borrowers who might otherwise resort to more expensive alternatives or remain unable to address urgent financial needs.

    Disclaimer: GadCapital matches you with lending partners. Approval isn’t automatic – it depends on each lender’s criteria and your state’s rules. Our credit check won’t ding your score. Your loan details depend on which lender picks you and your financial situation. Money usually hits your account fast, but every bank’s different.

    Contact Data

    GadCapital Press Office
    Phone: (800) 961-5909
    Email: info@gadcapital.com
    Website: https://gadcapital.com

    The MIL Network –

  • MIL-OSI United Kingdom: British investment boost in Ukraine to benefit both countries

    Source: United Kingdom – Executive Government & Departments

    Press release

    British investment boost in Ukraine to benefit both countries

    British investment boost in Ukraine to support security and prosperity of both countries

    • New UK package of support for Ukraine’s immediate and longer-term needs at Ukraine Recovery Conference.
    • UK and Ukraine conclude historic deal for Thales Air Defence missiles, boosting British growth and jobs and keeping Ukraine in the fight.
    • UK also confirms up to £283 million in bilaterial assistance for Ukraine over the next year.

    Two hundred British jobs will be created and another 700 safeguarded in a major defence deal between the UK and Ukraine to be signed at this year’s Ukraine Recovery Conference (URC). 

    The jobs at Thales in Belfast come as the UK and Ukraine successfully conclude the largest export credit agency-backed deal in Ukraine.  

    Supported by a £2.5 billion guarantee with a 19-year financing agreement, the funds can now be released. This enables the delivery of more than 5000 Air Defence missiles from British business Thales – in what is not only a major boost to the UK’s defence capabilities but will also keep Ukraine in the fight, boosting their defence against Russia’s illegal full-scale invasion.  

    Representing the Prime Minister at the conference, Deputy Prime Minister Angela Rayner and Minister for Exports Gareth Thomas will formally sign the agreement with the Government of Ukraine, marking a key milestone in the UK-Ukraine defence cooperation.  

    The deal delivers on this Government’s Plan for Change, by spending more on defence and creating jobs we will keep the country safe and boost economic growth.  

    In a speech at the conference in Rome, the Deputy Prime Minister will also reaffirm the UK’s bilateral assistance to Ukraine for the financial year 2025-2026 of up to £283 million. This will keep the country in the fight and ensure Ukrainians living through Russia’s illegal full-scale invasion have access to vital support across humanitarian, energy, stabilisation, reform, recovery and reconstruction needs.  

    Deputy Prime Minister Angela Rayner said:

    As we continue to witness the enduring strength of the Ukrainian people, the UK stands by their side to provide the assistance their country needs to not only stay in the fight, but to rebuild and recover.

    This announcement underlines our continued support for Ukraine – boosting their air defences against devastating drone and missile attacks and supporting the critical work to reconstruct this nation and provide the hope that they need.

    This will also provide skilled jobs in the UK and is all part of our Plan for Change – bolstering the UK defence industry and strengthening our international ties.

    Minister for Services, Small Business and Exports Gareth Thomas said on the Thales deal: 

    This landmark agreement is a powerful example of how British expertise is supporting Ukraine’s defence and recovery while creating high-quality jobs at home. 

    By unlocking UKEF-backed finance, we’re enabling the delivery of vital equipment to Ukraine and strengthening our own defence industrial base. 

    It’s a clear demonstration of our Plan for Change in action—backing British business, boosting exports, and standing shoulder to shoulder with Ukraine in the face of Russian aggression.” 

    The UK will provide up to £10.5 million for the Governance Reform Programme and up to £1 million in support of Ukraine’s Green Transition Office in financial year 2025 to 2026 to help Ukraine reform for the future. £10.5 million will go towards efforts on rule of law, justice and anti-corruption while £1 million will fund work on green transition and energy, both supporting Ukraine on its path to becoming a prosperous, green and modern European nation.   

    During the conference, British International Investment (BII) will also confirm €30 million for MHP, a leading Ukrainian agribusiness. MHP employs over 30,000 people in Ukraine, with more than 40% being women. The loan will help them to safeguard jobs and boost resilience in the food and agriculture sectors during Russia’s full-scale invasion. MHP, Ukraine’s largest poultry and processed meat producer, exports to over 70 countries.  

    Underpinning much of these efforts, the UK will endorse the Government of Ukraine’s insurance agreement. This initiative seeks to make insurance more affordable and widely accessible for businesses, including those in the UK, helping to derisk their investments into Ukraine. 

    The UK is committed to supporting Ukraine win the war and the peace, emerging as a stronger, more prosperous and free nation, resilient to Russian threats. Our 100 Year Partnership, alongside the commitments made at URC, reaffirm the UK’s iron-clad support for Ukraine now and into the future.  

    In total, the UK has committed £18.3 billion for Ukraine with £13 billion in military support and £5.3 billion in non-military support.  

    Background:  
    • More information on the UK’s overall support to Ukraine can be found here. 
    • The £10.5 million and £1 million funding commitments sit within the £283 million for the financial year 2025-2026.  
    • The UK and Ukraine will sign the UKEF financing agreement on Thales, with representatives from both governments formalizing the deal’s conclusion at URC.  
    • The BII investment will be funded from capital the UK Government has already provided (£250 million) to support BII’s expansion into Ukraine.  
    • More information on MHP can be found here.

    Updates to this page

    Published 10 July 2025

    Invasion of Ukraine

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UK Export Finance announces backing of major Taiwan offshore wind project

    Source: United Kingdom – Government Statements

    Press release

    UK Export Finance announces backing of major Taiwan offshore wind project

    UK Export Finance provides support for British exporters supplying a new multi-million pound renewable energy development.

    Greater Changhua 2 is a 632 MW offshore wind farm comprised of both Greater Changhua 2a, which is operational, and Greater Changhua 2b, which is under construction

    • Export Credit Agency provides guarantee to develop one of Asia’s largest offshore wind sites

    • Backing of wind farm will unlock opportunities for British exporters, strengthening Britain’s position as a clean energy superpower

    UK Export Finance (UKEF) is guaranteeing financing for a major offshore wind farm project in Taiwan, creating export opportunities for British businesses.

    In support of the government’s Plan for Change and its mission to kickstart economic growth, UKEF – the UK government’s export credit agency – is providing a €146 million Buyer Credit Guarantee to assist the development of 632MW of renewable energy capacity off coast in the Taiwan Strait.

    The deal enables British exporters Cadeler, CRP Subsea, Ordtek, and Cathie to secure contracts to provide specialised services and critical components.

    It also supports jobs across the UK’s renewable energy supply chain, reinforcing Britain’s position as a global leader in the low-carbon transition – a key ambition set out in the government’s modern Industrial Strategy.

    Ørsted, the lead sponsor for this project, is a great example of a business transforming from one reliant on fossil fuels to one based on renewable energy.

    The new wind farm will result in reductions of carbon emissions estimated at 1,118,000 tonnes of carbon dioxide equivalent per year.

    The project is being financed in collaboration with export credit agencies from Denmark, Norway, South Korea, and Taiwan.

    Minister for Exports, Gareth Thomas, said:

    This shows how Government is boosting exports in our key growth sectors and supporting jobs across the country as part of our Plan for Change.

    This investment will enable British innovation in renewable technology to scale up Taiwan’s clean energy transition and follows our modern Industrial Strategy, which provides up to £13 billion of direct lending for UKEF to help businesses to export.

    Trond Westlie, Group CFO of Ørsted, said:

    We’ve received very strong support from both international and local banks and export credit agencies for the project financing of Greater Changhua 2. This shows that there is a healthy appetite for premium assets with robust contractual structures, and it’s a clear sign that we’re working diligently to deliver on our divestment and partnerships programme.

    Danielle Baron, Global Head of Energy & Real Assets, Credit Agricole CIB, said:

    As the ECA Coordinator and Documentation Bank for the multi-billion financing of the Greater Changhua 2 project, Crédit Agricole CIB reaffirms its strong commitment to the renewable energy sector. This landmark transaction highlights our dedication to supporting our clients and partners in delivering society’s clean energy needs. It underscores the strength of our collaboration with UKEF and the other European Export Credit Agencies, whose contribution have been key to the development of the offshore wind sector in the APAC region.

    This announcement helps to deliver UKEF’s goal to provide at least £10 billion of financing for sustainable and renewable projects by 2030, enabling the UK to build export opportunities in clean growth sectors while supporting global decarbonisation efforts.

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    Published 10 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: FS views I&T facilities in Seoul

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan today concluded his visit to Seoul by touring leading Korean innovation and technology (I&T) enterprise NAVER and Seoul’s Digital Media City.

    NAVER engages in diverse fields such as electronic payments, e-commerce, fintech, information technology, cloud services, AI and robotics.

    Mr Chan was briefed by the company’s management and research and development (R&D) heads on its development journey, technological innovations, application scenarios and future business directions.

    He also had in-depth exchanges with them, and watched a demonstration of NAVER’s AI and robotics applications.

    The Financial Secretary noted that Hong Kong is also making great strides in developing its AI sector and is actively enhancing the related infrastructure. Institutions such as the Hong Kong Science & Technology Parks and Cyberport are working to build a more vibrant I&T ecosystem.

    He highlighted that under the “one country, two systems” principle, Hong Kong, being an international financial centre, offers a comprehensive range of fundraising options and a robust legal system that safeguards data and intellectual property rights.

    Mr Chan welcomed NAVER to collaborate with Hong Kong partners in R&D and business development, and to leverage Hong Kong as a fundraising platform to support its international expansion.

    The finance chief also visited Seoul’s Digital Media City where he met the management team to learn more about the project’s development history and future plans, and toured an exhibition showcasing how extended reality technology is being used to support urban development.

    A project led by the Seoul Metropolitan Government, Digital Media City is home to numerous companies in digital media, film and entertainment, gaming and animation, information technology and more.

    In addition, Mr Chan paid a courtesy call on Chinese Ambassador to the Republic of Korea Dai Bing, to brief him on Hong Kong’s latest social and economic developments as well as the recent trends in its economic and trade relations with Korea.

    They also exchanged views on the global geopolitical and economic landscape, regional trade co-operation and the development of China-Korea relations.

    Mr Chan will depart for Hong Kong in the evening.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: FS views I&T facilities in Seoul

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan today concluded his visit to Seoul by touring leading Korean innovation and technology (I&T) enterprise NAVER and Seoul’s Digital Media City.

    NAVER engages in diverse fields such as electronic payments, e-commerce, fintech, information technology, cloud services, AI and robotics.

    Mr Chan was briefed by the company’s management and research and development (R&D) heads on its development journey, technological innovations, application scenarios and future business directions.

    He also had in-depth exchanges with them, and watched a demonstration of NAVER’s AI and robotics applications.

    The Financial Secretary noted that Hong Kong is also making great strides in developing its AI sector and is actively enhancing the related infrastructure. Institutions such as the Hong Kong Science & Technology Parks and Cyberport are working to build a more vibrant I&T ecosystem.

    He highlighted that under the “one country, two systems” principle, Hong Kong, being an international financial centre, offers a comprehensive range of fundraising options and a robust legal system that safeguards data and intellectual property rights.

    Mr Chan welcomed NAVER to collaborate with Hong Kong partners in R&D and business development, and to leverage Hong Kong as a fundraising platform to support its international expansion.

    The finance chief also visited Seoul’s Digital Media City where he met the management team to learn more about the project’s development history and future plans, and toured an exhibition showcasing how extended reality technology is being used to support urban development.

    A project led by the Seoul Metropolitan Government, Digital Media City is home to numerous companies in digital media, film and entertainment, gaming and animation, information technology and more.

    In addition, Mr Chan paid a courtesy call on Chinese Ambassador to the Republic of Korea Dai Bing, to brief him on Hong Kong’s latest social and economic developments as well as the recent trends in its economic and trade relations with Korea.

    They also exchanged views on the global geopolitical and economic landscape, regional trade co-operation and the development of China-Korea relations.

    Mr Chan will depart for Hong Kong in the evening.

    MIL OSI Asia Pacific News –

  • Govt committed to farmers’ welfare, says Piyush Goyal at Agri Leadership Conclave

    Source: Government of India

    Source: Government of India (4)

    Union Commerce and Industry Minister Piyush Goyal on Thursday underlined the government’s continued focus on empowering India’s farming community, citing multiple initiatives aimed at ensuring agricultural sustainability, better incomes, and global competitiveness.

    Speaking at the 16th Agriculture Leadership Conclave in New Delhi, Goyal said over 25 crore Soil Health Cards have been distributed to farmers across the country, promoting balanced fertiliser use and improved productivity. The Kisan Credit Card scheme, he added, has enhanced access to institutional credit for millions of farmers.

    Reiterating the Centre’s commitment to farmers, the minister said agriculture has remained central to the government’s development agenda under Prime Minister Narendra Modi. Direct income support under the PM-KISAN Samman Nidhi scheme, he noted, has benefited a large number of rural families.

    To strengthen agri-marketing, Goyal said 1,400 mandis have been integrated with the e-NAM platform, offering farmers real-time price information and wider market access.

    Goyal also highlighted efforts to keep fertilisers affordable, pointing to the continuation of subsidies and uninterrupted supply during the COVID-19 pandemic. Lauding farmers for maintaining stable agri-exports despite global headwinds, he said exports from agriculture, animal husbandry, and fisheries stood at ₹4 lakh crore in 2023–24.

    Basmati rice, spices, fresh produce, fisheries, and poultry continued to drive agri-export growth, supported by trade deals with Australia, the UAE, EFTA countries, and the UK, he added.

    Looking ahead, Goyal identified key growth areas including seed production, organic farming, and drip irrigation. He said digital technologies like AI, geospatial mapping, and weather forecasting tools are being integrated to modernise agriculture and empower Farmer Producer Organisations (FPOs).

    The minister also stressed the need for value addition through food processing, branding, and improved packaging. He said the government is focusing on warehousing and storage infrastructure with dedicated funds for agriculture, fisheries, and animal husbandry.

    “Under the vision of Viksit Bharat, agriculture will remain a core pillar of India’s growth story,” he stressed.