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Category: Switzerland

  • MIL-OSI Security: IAEA and International Experts Sample Treated Water within Fukushima Daiichi Nuclear Power Station Prior to its Release

    Source: International Atomic Energy Agency – IAEA

    The International Atomic Energy Agency (IAEA), along with experts from the People’s Republic of China, the Republic of Korea, the Russian Federation, and Switzerland, collected samples today of ALPS treated water that had been diluted with seawater ahead of its discharge into the sea at Japan’s Fukushima Daiichi Nuclear Power Station (FDNPS).

    The activity is the latest mission carried out under the additional measures which focus on expanding international participation and transparency, allowing hands-on independent measurements of the concentration level of the ALPS treated water which TEPCO – operator of the FDNPS – began discharging in August 2023. In September 2024, the IAEA agreed with Japan to implement additional measures. Through additional measures, third parties can independently verify that water discharge levels are, and will continue to be, in strict compliance and consistent with international safety standards.

    Today’s sampling was the first mission of the additional measures under the IAEA framework to sample the diluted water from the discharge facilities at the plant. It follows a mission in February when IAEA Director General Grossi joined the activities with experts from China, the Republic of Korea and Switzerland to collect seawater samples from a boat in the vicinity of FDNPS. It also builds on the first practical steps of the additional measures carried out in October last year when international experts conducted seawater sampling.

    The experts from the China Institute for Radiation Protection, the Korean Institute for Nuclear Safety, the Institute of Natural Monopolies Research in Russia, and the Spiez Laboratory in Switzerland collected samples from the discharge vertical shaft and seawater pipe header where ALPS treated water is diluted with seawater before being discharged through a  one-kilometre-long tunnel into the sea. The samples were taken from the 12th batch of ALPS treated water to be discharged. Last week, the IAEA confirmed that the tritium level in the 12th batch was far below Japan’s operational limit.

    The samples will be analysed by the IAEA laboratory, by laboratories in Japan and in the participating laboratories from China, Korea, Russia and Switzerland, all members of the IAEA’s Analytical Laboratories for the Measurement of Environmental Radioactivity (ALMERA) network, which were selected for their high level of expertise and analytical proficiency.

    MIL Security OSI –

  • MIL-OSI: 21/2025・Trifork Group: Shareholders approve all resolutions at the Annual General Meeting 2025

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 21 / 2025
    Schindellegi, Switzerland – 15 April 2025

    Shareholders approve all resolutions at the Annual General Meeting 2025

    The shareholders of Trifork Group AG (“Trifork“) today approved all resolutions proposed by the Board of Directors at Trifork’s Annual General Meeting 2025 (the “AGM“) which was held at Grabenstrasse 2, 6430 Baar, Switzerland.

    Composition of the Board of Directors
    The shareholders re-elected Julie Galbo as Chairperson of the Board of Directors and all other members standing for re-election for a term of one year. In addition, the shareholders elected Lars Stugemo as new member of the Board of Directors for a term of one year. The Board of Directors designated Maria Hjorth as Vice-Chairperson. Furthermore, the shareholders (re-)elected the following members of the Board of Directors to the Nomination and Remuneration Committee for one year: Julie Galbo, Maria Hjorth, and Lars Stugemo. The Board of Directors designated Maria Hjorth as Chairperson of this Committee.

    Olivier Jaquet decided not to stand for re-election. On behalf of the Board of Directors, the Chairperson thanked him for his valuable contributions during his six terms of office.

    Financial and non-financial reports
    The AGM had to vote on Trifork’s financial and non-financial reports. In accordance with applicable laws and regulation, the ESG report was prepared compliant with EU’s Corporate Sustainability Reporting Directive (CSRD). This report, as well as the annual report with consolidated and separate financial statements, were approved.

    Remuneration confirmed and prospectively approved
    The shareholders approved the 2024 remuneration report in a consultative vote. Further, the shareholders approved the maximum aggregate amount of the remuneration for the Board of Directors from the AGM 2025 to the AGM 2026. Additionally, the shareholders approved the maximum aggregate amount of the fixed and variable remuneration for the members of the Executive Management for the financial year 2026.

    Investor and media contact
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

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    The MIL Network –

  • MIL-OSI: EnerPure Announces Appointment of New President and CEO, Rick Koshman

    Source: GlobeNewswire (MIL-OSI)

    Winnipeg, MB, April 15, 2025 (GLOBE NEWSWIRE) — EnerPure Inc. (“EnerPure” or the “Company”), a recycling and energy transition company, is pleased to announce that it has appointed Rick Koshman as President and Chief Executive Officer (“CEO”). This planned leadership transition marks a key milestone for EnerPure as it shifts focus from technology development to commercial growth and large-scale deployment. Rick will also join EnerPure’s Board of Directors.

    Rick’s skill set aligns extremely well with the Company’s deliverables and objectives with his in-depth understanding and experience in engineering, construction and project management, operational excellence, and safety in the energy sector. These skills, combined with his leadership pedigree and corporate development background, made him the Company’s preferred candidate and will help ensure that EnerPure capitalizes on the tremendous opportunity ahead.

    “EnerPure is now at a critical inflection point thanks to the dedication of our current and former employees, board members and professional advisors. I have always been amazed by the high calibre of talent and outstanding individuals we have been able to attract and are very appreciative of their amazing contributions to date.” commented Todd Habicht, Founder and former CEO, who now transitions to Executive Chairman. “Rick’s depth of experience and alignment with our mission make him the ideal leader for this next chapter. I look forward to supporting him in my new role as we drive EnerPure into widespread commercial deployment.”

    “I’ve long admired what Todd and the EnerPure team have developed – a clean, elegant solution to a global problem with real potential to scale,” said Rick Koshman. “I’m honoured to join the team to advance the company through its next phase of growth and to help unlock the enormous opportunity ahead, starting right here in Canada.”

    The Company undertook an extensive search process to identify a new CEO, with Heidrick & Struggles (“H&S”), a leading international executive search firm, and were very impressed by the talent identified and the number of individuals that expressed an interest in leading EnerPure into the future. EnerPure would like to thank both the H&S team, led by Sean McLean, and the numerous candidates who expressed an interest in working with the Company.

    About Rick Koshman

    A seasoned energy executive with over 25 years of experience, Rick has a strong track record of delivering value across operations, project execution, and corporate development. He has led the successful delivery of over $5 billion in infrastructure projects across Canada, the U.S., and Central Asia through senior roles at Keyera Corporation, Athabasca Oil Corporation, and Canadian Natural Resources Limited.

    Rick is known for building high-performing teams and leading large-scale industrial projects from concept to operation. He has transformed multiple corporate project delivery groups by implementing best-in-class processes and fostering a strong culture of accountability and performance. In addition to his operational background, Rick has significant capital markets and private equity exposure.

    Rick is a registered professional engineer in Alberta and holds an MBA from IMD Business School in Switzerland. He currently serves on the Board of Governors of the Canadian Energy Executive Association.

    About Heidrick & Struggles – www.heidrick.com

    “Helping our clients change the world, one leadership team at a time”

    Founded in Chicago, Illinois in 1953, Heidrick & Struggles launched as one of the world’s first executive search firms. Today, Heidrick & Struggles is consistently included in the Forbes list of the World’s Best Management Consulting Firms and is best known as a premier provider of executive search, on-demand talent and leadership consulting services. Having served over 70% of the Fortune 1000 and numerous early-stage ventures, the firm brings global expertise and networks, coupled with local presence and knowledge through its over 50 offices on 6 continents, to every engagement. Heidrick & Struggles’ data-driven advisory approach and extensive global network identifies critical talent solutions to achieve the highest levels of profitability and performance.

    About EnerPure – https://enerpure.tech

    “We recycle Used Motor Oil (UMO) to reduce GHG emissions while producing a lower carbon-intensive marine fuel.”

    Each year ~17 billion litres of UMO* are improperly burned or dumped, causing widespread environmental harm. EnerPure sees a tremendous opportunity to solve this problem through the deployment of its modular micro-scale recycling plants using its patented technology to convert UMO into high-quality marine fuel.

    EnerPure is entering its next phase of growth, with our first commercial plant planned for Alberta. Our recycling plants require ~5% of the capex of traditional solutions, enabling localized recycling (while reducing the cost of collection) and providing strong economic returns.

    Our technology has been proven via our pilot plant (operating at 43% of scale) with 1.6 million litres processed and validated through the sale of over 1.2 million litres. Our drop-in ISO 8217-compliant marine fuel is in high demand in a growing market with its 14.6% lower carbon intensity. Annually each recycling plant can reduce greenhouse gas (“GHG”) emissions and criteria air contaminants by 36,315 and 437 tonnes, respectively.

    EnerPure, while delivering strong economic returns, offers a proven, scalable platform where environmental need meets commercial opportunity, powering the energy transition through smart regional recycling.

    *UMO is defined as any petroleum-based or synthetic lubricating oil that cannot be used for its original purpose due to contamination.

    Disclosure and Caution

    This press release may contain certain disclosures that may constitute “forward-looking statements” within the meaning of Canadian securities legislation. In making the forward-looking statements, the Company has applied certain factors and assumptions that the Company believes are reasonable. However, the forward-looking statements are subject to numerous risks, uncertainties and other factors, including but not limited to economic, capital expenditures, and engineering projections, that may cause future results to differ materially from those expressed or implied in such forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

    The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

    The MIL Network –

  • MIL-OSI Africa: GITEX AFRICA Morocco’s third edition opens to the continent’s largest gathering of globally influential tech leaders, government officials and innovators

    Source: Africa Press Organisation – English (2) – Report:

    RABAT, Morocco, April 15, 2025/APO Group/ —

    GITEX AFRICA Morocco (www.GITEXAfrica.com), the continent’s largest tech and startup show today opened its doors to the biggest players across the local, regional and international digital landscapes, turning the city of Marrakech into an epicentre of advanced technology, talent, and transformation.

    Running until 16 April, GITEX AFRICA Morocco is held under the high patronage of His Majesty King Mohammed VI, May God Assist Him, the authority of the Kingdom’s Ministry of Digital Transition and Administration Reform, in partnership with Digital Development Agency (ADD), and organised by KAOUN International – the overseas event agency of Dubai World Trade Centre (DWTC) and organiser of GITEX events globally.

    Her Excellency, Amal El Fallah Seghrouchni, Minister of Digital Transition and Administration Reform, Government of Morocco opened the show’s inauguration ceremony to welcome participants from over 130 countries, 1,450 exhibitors, 350 global investors, and 650 conference speakers.

    The opening address was delivered as part of the inauguration panel session made up from key dignitaries, including H.E. Dr. Mohamed Al Kuwaiti, Head of Cybersecurity, Government of the United Arab Emirates, and Mr. Chakib Alj, the President of the General Confederation of Moroccan Enterprises (CGEM).

    Her Excellency, Amal El Fallah Seghrouchni, Minister of Digital Transition and Administration Reform, Government of Morocco, said: “GITEX AFRICA affirms the growing importance of the digital economy, which represents today 15% of global GDP, or some $6.5 trillion. Aware of the challenges of this digital revolution, the Kingdom of Morocco is actively committed to building a future where digitalization, and through it AI, constitutes a lever for progress, for the benefit of all. It is in this sense that His Majesty King Mohammed VI, may God assist Him, affirmed in his speech to the Extraordinary Summit of heads of state and government of the African Union in Kigali, in March 2018: “Africa is on its way to becoming a global digital laboratory.” A wise and enlightened vision that continues to guide the initiatives of our country and our continent.”

    Mr. Mohammed Drissi Melyani, Director General of the Digital Development Agency, said: “This international event, organised under the High Patronage of His Majesty King Mohammed VI may God Assist Him, has become one of the most prominent digital and technological gatherings on the African and international levels. It is no longer just an occasion to showcase the latest innovations, but has become a strategic place to strengthen digital inclusion between African countries, to build bridges of cooperation with our international partners, and to accelerate the pace of sustainable digital transformation. This reflects our firm ambition and strong commitment to achieve an inclusive digital transition and to establishing a new digital culture that prioritises the advancement of administration, entrepreneurial fabric, and society, as well as to build of a developed and competitive digital economy.”

    Trixie LohMirmand, Chief Executive Officer, KAOUN International, said: “As we enter the third edition of GITEX AFRICA Morocco, there is a strong sense of momentum and purpose. This event has evolved into a powerful platform driving Africa’s digital future and, with AI at the forefront of global innovation, Morocco is positioning itself as a hub for an incredible transformation across the continent. This is backed by ambitious national strategies, a vibrant ecosystem of startups, and growing international partnerships. GITEX AFRICA Morocco serves not just as a showcase agenda-defining tech, but also as a catalyst for collaboration, investment, and scaling, connecting African innovators and talent with global markets and empowering the next generation to build, revolutionise, and lead the AI economy.”

    This year GITEX AFRICA Morocco is primed to forge new partnerships and explore new industries, thereby elevating its influence and impact on Africa’s digital landscape even further. The 2025 edition presents an expanded agenda and representation from new countries from the African, European and Asian continents including, Belgium, Gabon, Niger, Switzerland, Uzbekistan, Zambia. In addition to the show’s traditional focus on AI, cybersecurity, and telecoms the event will also cover energy transition, mobility, edutech, sports technologies, and agritech.

    GITEX AFRICA Morocco returns for its third year with support from institutional partners: ANRT, Royal Air Maroc, ONCF, OCP, ONDA, AMDIE, ONMT and CGEM.

    For news and updates on GITEX AFRICA Morocco, please visit: www.GITEXAfrica.com.

    MIL OSI Africa –

  • MIL-OSI: Mercury and Cicor Group Create Long-Term Strategic Business Relationship In Support of European Defense

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., April 15, 2025 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, today announced it has entered into a strategic supply agreement under which Cicor Group (SIX Swiss Exchange: CICN) will acquire a manufacturing operation in Plan-Les-Ouates, Switzerland, and supply Mercury with electronic products over the next five years.

    Mercury Mission Systems International S.A. is a leading provider of mission-critical processing products and solutions to the international aerospace and defense industry. In anticipation of increased European and global demand for commercial defense products, Mercury will transition its Swiss electronic board manufacturing operations to Cicor, the leading European manufacturer for aerospace and defense electronics. This will allow Mercury’s facilities in Switzerland, Spain, and the United Kingdom to focus on their core competencies of engineering design and systems integration, which is expected to drive the company’s continued success and next phase of growth in the international market.

    The transaction is expected to be completed within approximately one month, subject to customary closing conditions including end customer consents. Mercury and Cicor have jointly decided to relocate production to the Cicor sites in Newport, United Kingdom, and Bronschhofen, Switzerland, within the next 18 months. As part of the agreement, Mercury will purchase boards from Cicor, as well continue to source boards from Mercury’s U.S. operations, to ensure a robust supply chain. Both parties intend to further expand the strategic business relationship in the coming years.

    “Mercury remains dedicated to delivering mission-critical processing capabilities to the European and global aerospace and defense sector,” said Paul Tanner, Vice President of Mercury International. “This agreement with Cicor will allow us to scale quickly to meet the growing demand for leading-edge commercial processing technologies around the world.”

    Mercury Systems – Innovation that matters® 
    Mercury Systems is a technology company that delivers mission-critical processing power to the edge, making advanced technologies profoundly more accessible for today’s most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury’s products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has 23 locations worldwide. To learn more, visit mrcy.com. (Nasdaq: MRCY) 

    Forward-Looking Safe Harbor Statement 
    This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the Company’s focus on enhanced execution of the Company’s strategic plan. You can identify these statements by the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of any U.S. federal government shutdown or extended continuing resolution, effects of geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in or cost increases related to completing development, engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. government’s interpretation of, federal export control or procurement rules and regulations, changes in, or in the interpretation or enforcement of, environmental rules and regulations, market acceptance of the Company’s products, shortages in or delays in receiving components, supply chain delays or volatility for critical components, production delays or unanticipated expenses including due to quality issues or manufacturing execution issues, capacity underutilization, increases in scrap or inventory write-offs, failure to achieve or maintain manufacturing quality certifications, such as AS9100, the impact of supply chain disruption, inflation and labor shortages, among other things, on program execution and the resulting effect on customer satisfaction, inability to fully realize the expected benefits from acquisitions, restructurings, and operational efficiency initiatives or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, effects of shareholder activism, increases in interest rates, changes to industrial security and cyber-security regulations and requirements and impacts from any cyber or insider threat events, changes in tax rates or tax regulations, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, litigation, including the dispute arising with the former CEO over his resignation, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

    INVESTOR CONTACT
    Tyler Hojo
    Vice President, Investor Relations
    Tyler.Hojo@mrcy.com

    MEDIA CONTACT
    Turner Brinton
    Senior Director, Corporate Communications
    Turner.Brinton@mrcy.com

    The MIL Network –

  • MIL-OSI New Zealand: New Amnesty International Hong Kong office opens overseas

    Source: Amnesty International

    Amnesty International has announced the launch of a new Hong Kong section based overseas, following the closure of its offices in the city in 2021 amid a crackdown on human rights.

    The new entity, Amnesty International Hong Kong Overseas (AIHKO), will be led by Hong Kong diaspora activists operating from key international hubs including Australia, Canada, Taiwan, the UK and the USA.

    “The opening of Amnesty International Hong Kong Overseas marks a new chapter in the organization’s strengthened commitment to human rights in Hong Kong and its support for the Hong Kong diaspora around the world,” said Chi-man Luk, the new AIHKO Executive Director.

    “The gutting of Hong Kong’s civil society has been a tragedy for the city with more than 100 non-profits and media outlets shut down or forced to flee. But since the closing of Amnesty International Hong Kong three years ago, our dedication has only grown. We are now ready to intensify our efforts by building new communities of support driven by the Hong Kong diaspora.”

    Hong Kong’s human rights crisis

    Since the 2019 pro-democracy movement, more than 10,000 people, many of them students, have been arrested for protest-related activities. Over 300 people have been arrested for alleged acts of “endangering national security”.

    Prominent activists, including lawyer Chow Hang-tung and media advocate Jimmy Lai, face lengthy prison sentences for their peaceful advocacy.  Both have been designated as “prisoners of conscience” by Amnesty International.

    Hong Kong authorities have weaponized colonial-era sedition laws and introduced new repressive bills, creating an arsenal of tools against all forms of dissent, and even targeting overseas critics by issuing bounties and revoking passports.

    Joey Siu, AIHKO board member and one of 19 Hong Kong activists with police bounties placed on them, said: “The threats have only made us stronger. They serve as a reminder that freedom is denied, even to those who have left Hong Kong. To truly be free from repression, we must continue to fight for human rights beyond our borders. We will do so on behalf of Hong Kongers, both in Hong Kong and across the world.”

    Amnesty’s first section to operate wholly ‘in exile’

    AIHKO is Amnesty International’s first-ever section founded and operated entirely “in exile”, and follows the exodus of hundreds of thousands of Hongkongers who have gone abroad in search of safety and freedom.

    “Being overseas provides us with a degree of protection, allowing us to speak more freely and engage in advocacy work. We have a responsibility to do more to support those who remain in Hong Kong and continue their vital efforts,” said Fernando Cheung, AIHKO board member and former Hong Kong legislator.

    AIHKO joins an increasing number of civil society organizations focused on Hong Kong issues that have established operations outside the city due to the shrinking space for civil society and freedom of expression in Hong Kong.

    AIHKO, which is officially registered in Switzerland, will focus on advocating for human rights of Hongkongers, within Hong Kong and abroad, amplifying their voices and fostering a strong diaspora community globally.

    “Amnesty’s Hong Kong Overseas office demonstrates the resilience of our movement, our determination never to be silenced, and our commitment to defending human rights no matter the challenges we face. This new section, and the model behind it, will play a crucial role in our struggle against authoritarian threats, in Hong Kong and beyond,” said Agnès Callamard, Secretary General of Amnesty International.

    Background

    Amnesty International’s local ‘section’ office ceased operations on 31 October 2021, while the regional office – which is part of Amnesty’s International Secretariat – moved its operations to the organization’s other offices in the Asia-Pacific and Europe.

    Amnesty International considers a prisoner of conscience to be any person imprisoned solely because of their beliefs, identity or other status, and who has not used violence or advocated violence or hatred in the circumstances leading to their detention.

    MIL OSI New Zealand News –

  • MIL-OSI United Kingdom: UK announces new humanitarian funding for Sudan

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK announces new humanitarian funding for Sudan

    The UK has announced new support to Sudan ahead of the Sudan conference which will bring together international representatives.

    • The UK will commit further life-saving aid for over 650,000 people affected by the ongoing violence as Sudan faces the worst humanitarian crisis on record.
    • A one-day conference will unite foreign ministers and leading humanitarian leaders at a conference in London to mark the two-year anniversary of the brutal conflict in Sudan.   
    • International representatives will discuss how to achieve a peaceful end to the conflict and address the issues preventing aid reaching those most in need. 

    Today [15th April] the UK will co-host a conference in London alongside the African Union, EU, France and Germany to mark the two-year anniversary of the conflict in Sudan with attendees including major donors and multilateral institutions.   

    Bringing together foreign ministers from across the globe, the Foreign Secretary will step up international efforts to protect civilians and work towards an end to the conflict.   

    During a one-day conference, he will announce new life-saving aid to support over 650,000 Sudanese people. Alongside international counterparts, he will also identify steps to improve humanitarian access and find a long-term political solution.   

    Sudan is facing the worst humanitarian crisis on record, with over 30 million people in desperate need of aid, over 12 million people are displaced, and famine is spreading throughout Sudan. Over 12 million women and girls are also at risk of gender-based violence.

    The new £120 million funding announced today will deliver lifesaving food and nutrition supplies, including for vulnerable children and will provide emergency support to survivors of sexual violence. 

    The Foreign Secretary, David Lammy said:   

    Two years is far too long – the brutal war in Sudan has devastated the lives of millions – and yet much of the world continues to look away.  We need to act now to stop the crisis from becoming an all-out catastrophe, ensuring aid gets to those who need it the most.

    As I saw earlier this year on a visit to Chad’s border with Sudan, the warring parties have shown an appalling disregard for the civilian population of Sudan. This conference will bring together the international community to agree a pathway to end the suffering. 

    Instability must not spread – it drives migration from Sudan and the wider region, and a safe and stable Sudan is vital for our national security. The UK will not let Sudan be forgotten.

    African Union Commissioner for Political Affairs, Peace and Security, H.E. Ambassador Bankole Adeoye said:

    Achieving peace in Sudan depends on valuing every voice and everyone playing a role in building a prosperous Sudan. The African Union is committed to assisting all the people of Sudan build a brighter democratic future by working to silence the guns.

    The ongoing conflict and instability risks spilling over into the wider region, driving Sudanese people away from their homes, with some taking dangerous onward journeys to the UK and Europe. Instability in Sudan also directly impacts the UK’s national security. 

    The UK wants to help tackle instability in Sudan and reduce the level of irregular migration from the region to Europe and the UK as part of its Plan for Change.  

    In January 2025, the Foreign Secretary visited the Chad-Sudan border at Adré to see first-hand the impact of the conflict on refugees.    

    Background

    • Countries and organisations attending the Sudan conference include the United Kingdom, the African Union (AU), the European Union (EU), France, Germany, Canada, Chad, Egypt, Ethiopia, Kenya, Kingdom of Saudi Arabia, Norway, Qatar, South Sudan, Switzerland, Türkiye, United Arab Emirates, Uganda, United States of America, alongside high-level Representatives of the Intergovernmental Authority on Development (IGAD), the League of Arab States (LAS) and the United Nations (UN).
    • On 17 November, the Foreign Secretary announced a £113 million aid package, which will support over a million people affected by violence in Sudan.  
    • The new £120 million funding announced today is for the 2025/2026 financial year and will deliver food including pulses, oils, salts and cereals.   
    • The UK welcomes the 13 February decision to keep the critical Chad-Sudan Adré border crossing open for three more months. But the Sudanese Armed Forces must keep it open permanently, and without restrictions.     

    • The parties to the conflict continue to obstruct the work of humanitarian agencies, through delaying visas for aid workers and limiting their movements throughout Sudan.

    • Funding announced today aims to reach over 600,000 people including:
    • 670,000 people reached with food assistance for three months.
    • 205,000 people reached through a cash-based response.
    • 600,000 people reached through nutrition and water and sanitation.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 15 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: ‘From Heidi to High Tech’: the Swiss pavilion opens its doors at Osaka World Expo 2025

    Source: Switzerland – Federal Administration in English

    The Swiss pavilion was inaugurated on Sunday 13 April in the presence of the president of the National Council, Maja Riniker. An immersive exhibition entitled ‘From Heidi to High Tech’ showcases Switzerland’s diversity and outstanding features: from its iconic Alpine heritage to its status as a world centre for innovation and cutting-edge technology. Presence Switzerland, which is part of the FDFA General Secretariat, is responsible for Switzerland’s presence in Osaka. FDFA General Secretary Markus Seiler also attended the inauguration of the World Expo in Osaka, representing the FDFA.

    MIL OSI Europe News –

  • MIL-OSI: XRP News: Only 8 Days Left as XploraDEX $XPL Presale Nears Close—Investor FOMO Reaches New Highs

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 14, 2025 (GLOBE NEWSWIRE) — The pressure is on as XploraDEX, the groundbreaking AI-powered trading platform on the XRP Ledger, enters its final 8-day countdown before closing its $XPL presale. With excitement intensifying across the XRP communities, investors are rushing to secure their allocation before the window slams shut.

    Join $XPL Presale Now

    The $XPL presale has already passed the 85% milestone, signaling overwhelming interest from early adopters, whale wallets, and strategic traders who understand what’s coming. As the first AI-powered decentralized exchange built natively on XRPL, XploraDEX is poised to redefine smart trading and early investors know the opportunity to enter at presale pricing is about to vanish.

    Unlike any traditional DEX, XploraDEX integrates real-time artificial intelligence, giving users access to smart trading dashboards, predictive market analytics, automated execution engines, and adaptive risk alerts. The platform is built for precision and performance, designed to help traders outperform by making decisions rooted in data, not emotion.

    Buy $XPL Tokens

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    The utility of $XPL extends far beyond trading discounts. Token holders unlock access to premium AI tools, early staking and yield opportunities, governance voting rights, and exclusive allocations through the platform’s integrated launchpad. In short, $XPL isn’t just a token—it’s the backbone of the XploraDEX ecosystem.

    Investors who join during the $XPL Presale will benefit from early-bird rewards, VIP access to beta features, and ground-floor positioning before the token is listed on XRPL-based exchanges. Once the presale ends, the price will increase—and the first phase of staking, AI activation, and partner integrations will begin.

    With 8 days remaining, FOMO is reaching new highs. Social media engagement is exploding, whale accumulation is intensifying, and more than 10,000 wallets have interacted with the platform’s sale portal. The clock is ticking, and the final allocations are moving fast.

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    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ca2d656-18ac-4669-b82b-4ab04dd023b9

    The MIL Network –

  • MIL-OSI Video: The ‘inevitable’ caregiving cost nightmare: One young founder’s story and solution

    Source: World Economic Forum (video statements)

    Lily Vittayarukskul was a college grad at 14 on track to become a NASA aerospace engineer. However, an aunt’s cancer battle upended those plans, wreaking havoc on her family and their finances. The experience inspired her to launch the AI-powered startup Waterlily, helping people better predict expenses for getting older, including eldercare or assisted living, costs most don’t realize aren’t fully covered by either health insurance or Medicare. In this talk, Lily wades through the mounting data showing how super-ageing societies will struggle to meet and afford long-term care needs She also shares the tough lessons her personal story taught her and what others can do to prepare for an aging economy.

    This interview was recorded January 2025 at the Annual Meeting in Davos, Switzerland

    About this episode
    Waterlily: https://www.waterlily.com/

    Related World Economic Forum Initiatives:

    Waterlily is an Uplink Innovator
    About Uplink: https://uplink.weforum.org/uplink/s/

    About the Uplink / Manulife – Prosperity in Longevity Challenge
    https://uplink.weforum.org/uplink/s/uplink-issue/a00TE000003HcDrYAK/prospering-in-longevity-challenge

    World Economic Forum Longevity Economy Initiative: https://initiatives.weforum.org/financial-resilience-for-every-generation/home

    Related Reports:
    Future-Proofing the Longevity Economy: Innovations and Key Trends: https://www.weforum.org/publications/future-proofing-the-longevity-economy-innovations-and-key-trends/

    Global Risks report: https://www.weforum.org/publications/global-risks-report-2025/digest/

    Related Podcasts:
    Meet The Leader – Adam Grant: Future leaders won’t succeed without this key trait https://www.youtube.com/watch?v=buVVIpttzUA

    Meet The Leader – How leaders can prepare teams for the future of work: ADP’s Chief Economist: https://www.youtube.com/watch?v=ShvNPomJ4mE&t=508s

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/ 
    Twitter ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #WorldEconomicForum

    https://www.youtube.com/watch?v=PGL0-rDVyds

    MIL OSI Video –

  • MIL-OSI: Unimot establishes a board of strategic advisors

    Source: GlobeNewswire (MIL-OSI)

    WARSAW, Poland, April 14, 2025 (GLOBE NEWSWIRE) — On April 14, Unimot, a multienergy capital group and a leader among independent importers of liquid and gaseous fuels in Poland with a strong international presence, officially inaugurated the establishment of the Board of Strategic Advisors. The Board consists of international experts: Mark Brzezinski, PhD, Prof. Jim Mazurkiewicz, Prof. Boguslaw Pacek, Prof. Karl Rose and Isaac Querub, and is led by Andreas Golombek, Chairman of the Supervisory Board of Unimot. The establishment of the Board of Strategic Advisors strengthens the Unimot Group’s competence in the face of the growing importance of geopolitics, global challenges in the energy sector, and dynamic economic changes. The initiator of the Board of Strategic Advisory is Adam Sikorski, PhD, President of the Management Board of Unimot.

    Unimot has over 30 years of experience in the industry and operates internationally, with branches in Poland, China, Switzerland, and Ukraine; it also operates an LPG terminal in Wilhelmshaven, Germany, under a lease agreement. In response to the evolving global energy landscape and the growing significance of strategic expertise, the company has established its Board of Strategic Advisors, consisting of renowned experts with extensive professional experience in areas crucial for the energy sector – from strategic management, through energy security, raw material geopolitics, to advanced technologies and investments.

    “We are aware that success in the dynamic and unpredictable energy market requires the ability to anticipate trends and manage risk boldly. This is especially important in the face of geopolitical and economic challenges that go far beyond national or regional interests. Considering the long-term interests of our shareholders and the future of the entire group, we have deliberately established the Board of Strategic Advisors. This is a group of world-class experts whose extensive connections and unique experience will allow us to continuously monitor the market situation and draw appropriate conclusions based on this, ultimately building a competitive advantage, ensuring stable and sustainable development, and responsibly managing risk in an era when geopolitics determines the future of the energy industry,” says Dr. Adam Sikorski, President of the Management Board of Unimot.

    “Uncertainty is a constant in the energy sector, but success comes to those who are able to see opportunities where others only see threats. I would like to thank UNIMOT’s Management Board for the invitation to join the Board – our role will be to provide knowledge and tools that will help the company not only adapt to changes but actively shape the future of the market,” says Prof. Karl Rose, Member of the Board of Strategic Advisors.

    The establishment of the Board of Strategic Advisors is another step in the consistent strengthening of the Unimot Group’s position as an independent leader in the energy sector. All activities will be carried out in line with the current strategy of sustainable development, corporate responsibility, and care for the long-term interests of shareholders.

    About Unimot:

    Unimot is a multi-energy capital group and a leader among independent importers of liquid and gaseous fuels in Poland, listed on the main market of the Warsaw Stock Exchange. The company specializes in the wholesale of diesel oil and the distribution of other liquid fuels. It ranks third in the fuel storage market and second in asphalt production in Poland, operating nine fuel terminals and two bitumen production plants. Furthermore, Unimot is developing its photovoltaic segment and invests in additional renewable energy sectors. The company also manages the AVIA fuel station network in Poland and Ukraine.

    Source: Unimot

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/394ff6c4-2087-414b-83d2-8d5b8a438445

    The MIL Network –

  • MIL-OSI Economics: Petra Tschudin, Thomas Moser: Fast and available round the clock – what instant payments mean for households, companies and financial institutions

    Source: Bank for International Settlements

    Ladies and gentlemen

    Welcome to the Swiss National Bank’s Money Market Event. My colleague Thomas Moser and I are delighted to be discussing the latest developments in Switzerland’s cashless payments landscape this evening.

    Since last year, bank customers in our country have been able to make transfers that are executed immediately. The amounts are credited within seconds, every day of the week and round the clock. In our speech, we will explore the significance of these instant payments for households, companies and financial institutions.

    To illustrate the relevance of this topic, it is worth reflecting briefly on our everyday lives. Consumer behaviour has changed considerably in many areas. Thanks to online shopping and streaming services, we have grown accustomed to being able to consume quickly and at any time. You know the situation: We order a pizza online from the comfort of our living room in the evening, and it is delivered within half an hour. We have come to take this for granted. And yet, surprisingly, the physical delivery of the pizza is much faster than the electronic transfer of the money to the pizzeria. The payment that we trigger when we click ‘Order’ takes longer than you might think; indeed, it can take several days – or even weeks – for the money to arrive on the pizzeria’s account.

    Types of cashless payment and the benefits of instant payments

    Why is this? The lag in payment settlement is due to the fact that legacy settlement mechanisms cannot keep up with the pace of modern business. A look at the structure of the financial system helps to better contextualise and understand what changes instant payments bring.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Government steps in to back British business in changing world

    Source: United Kingdom – Executive Government & Departments

    Press release

    Government steps in to back British business in changing world

    The Chancellor announces a multi-billion-pound increase in government-backed financing.

    British businesses across the country have today been given further stability and certainty with access to new support through a multi-billion-pound increase in government-backed financing as the world enters a new era of global trade.

    The new package will give UK Export Finance (UKEF) the power to expand financing support for British businesses by £20 billion, with small businesses also able to access loans of up to £2 million through the British Business Bank’s Growth Guarantee Scheme.

    Thousands of companies are expected to benefit from the move, including those directly affected by tariffs – with iconic British brands like Rolls Royce through to local businesses like Alicat Workboats previously benefitting from similar programmes.  

    Today’s boost reaffirms government’s commitment to free and open trade, and means an £80 billion boost for businesses, meaning they can access government-backed finance and support to grow their presence both domestically and overseas, create new jobs and drive economic growth as part of the Plan for Change.

    New measures come as prime minister goes further and faster to boost growth, working in partnership with business to deliver it.

    This week alone has seen swift and decisive action from the government to protect UK businesses and workers by:

    • Taking action to keep British Steel operating, saving thousands of jobs
    • Increasing flexibility on the zero-emission vehicle (ZEV) mandate to help British carmakers
    • Cutting the red tape that slows down clinical trials in the life sciences sector
    • Investing up to £600 million in a new Health Data Research Service
    • Backing a £30 million package to support the reopening of Doncaster Sheffield Airport which is expected to support 5,000 jobs and boost the economy by £5 billion

    Chancellor of the Exchequer, Rachel Reeves said:   

    The world is changing, which is why it is more important than ever to back our world-leading businesses and support them to navigate the challenges ahead. 

    Today’s announcement will do that just, with thousands of businesses right across the country set to benefit. 

    We are going further and faster to boost growth, but we cannot do it alone. Only by working with businesses will we achieve our Plan for Change and put more money into people’s pockets. 

    Business and Trade Secretary, Jonathan Reynolds said:

    Our message to British business is clear – we’ve got your back. This package, backed by the British Business Bank and UKEF, will be a crucial shot in the arm to exporters and small firms looking to trade around the world.

    Within a changing world, we need to adapt, and as part of our Plan for Change, this Government is responding. These changes will help to boost growth support jobs and supercharge thousands of businesses across all four corners of the country.

    UKEF will also offer businesses partial loan guarantees through more flexible uses of its Export Development Guarantee, helping to mitigate the impact of new tariffs and associated economic uncertainty. Of the £80 billion, up to £10 billion will be allocated to ensure that businesses significantly impacted in the short term by the current situation have access to the finance they need to grow.

    The British Business Bank will also expand its Growth Guarantee Scheme by £500 million, which will provide vital finance for smaller businesses as they look to invest and grow. This scheme provides the lender with a 70% government-backed guarantee against loans or other types of finance, enabling lenders to support smaller businesses that would struggle to obtain financing through traditional means – and has so far enabled more than £2.1 billion of lending. 

    This comes on top of £1 billion of funding for British Business Bank programmes for this financial year, confirmed at Autumn Budget 2024. This includes additional support for smaller housebuilders through the ENABLE Build programme, funding for Start Up Loans and additional funding for three equity programmes supporting innovative high growth businesses

    This week, the Chancellor and Business and Trade Secretary also took part in the 13th UK-India Economic and Financial Dialogue (EFD) in order to strengthen ties between the two countries. In addition to India, the UK is negotiating trade deals with partners including the Gulf Cooperation Council, South Korea and Switzerland, which will give businesses more opportunities than ever before to expand into new markets.

    Updates to this page

    Published 14 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Loanboox accelerates the digitalization of real estate financing

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 14, 2025 (GLOBE NEWSWIRE) — The digitalization of commercial real estate financing is gaining momentum – and Loanboox is establishing itself as a key technology partner for real estate companies across Europe. The Software-as-a-Service (SaaS) solution for the real estate industry, which was launched in 2022, is enjoying strong demand: the financing volume tendered via the Loanboox software now amounts to more than five billion euros, around 50 percent of which has been processed since the beginning of 2024 alone.

    “The real estate industry is local and highly fragmented. It is therefore under particular pressure to digitize processes and make them more transparent – especially when it comes to financing,” says Urs Meier, CEO of Loanboox. “With our software, we offer exactly the right tool at the right time: a comprehensive solution that efficiently brings borrowers and lenders together and maps the entire process from the tender to portfolio management.”

    A study conducted by Loanboox in collaboration with Fresenius University of Applied Sciences shows that 67% of the real estate companies surveyed see digitalization deficits in their core processes, especially in financing. Three out of four users explicitly want specialized industry software instead of general “office applications” – a clear sign of the need for tailor-made solutions.

    Loanboox’s software specifically addresses this need: Borrowers can manage the financing process digitally with their chosen lenders. The success in the commercial real estate financing segment speaks for itself: the average annual growth rate of user access is over 100 percent. In addition, around 90 percent of financing requests are successfully completed. In total, Loanboox’s technology has already processed well over EUR 100 billion in financing volumes across all customer segments since the company’s launch in 2016.

    Loanboox on its way to becoming pan-European financing software in real estate

    Loanboox customers have made financings in 16 European countries already, with Germany, Switzerland, France and Austria being the key markets. The company has recently seen a sharp increase in demand. In Germany in particular, Loanboox has signed up tier 1 real estate asset managers and project developers. And in the last six months alone they have already published financing requests in the three-digit million range via Loanboox’s software.

    “Today, we have more than 500 lenders in Europe using our software, who particularly appreciate the ease of use, the multilingualism and the quality of the tendering process. This means that Loanboox has one of the largest networks of lenders and the high number of repeat deals shows the very solid level of acceptance of our technology,” says Dominique Hügli, CPO (Chief Product Officer) at Loanboox. The large network of lenders is also particularly attractive for companies looking to finance real estate projects in the DACH region from other European countries.

    Debt Management module allows customers to manage their capital efficiently

    Another growth driver is the integrated debt management module: European asset managers, real estate companies, project developers and housing companies currently use the software to manage a loan volume of more than five billion euros via the software – and the trend is rising.

    “Our solution offers a 360-degree view for financing experts – from relationship management with lenders and financing processes to comprehensive loan management, evaluation and scenario planning,” explains Hügli.

    2025: Digitalization is advancing – broad market comparison for financing necessary

    With banks still reluctant to lend and the cost of managing loans rising, digital financing processes with a broad network of lenders are becoming increasingly important. Loanboox intends to take advantage of this momentum and the ongoing digitalization of the real estate industry and systematically expand its reach in Europe.

    Artificial intelligence (AI) is of course also finding its way into the real estate industry and will in the future help finance teams to process complex data efficiently, identify suitable financing options more quickly and facilitate the exchange with lenders. Whether it is the automated extraction of information from loan agreements and term sheets, the creation of teaser documents or the targeted analysis of portfolio data, AI opens up new efficiency potential along the entire financing process. AI also significantly simplifies the intelligent search in the data room of a tender – a function that has already been successfully implemented at Loanboox. The continuous integration of AI will continue for Loanboox in 2025 to enable even more effective and data-driven collaboration between borrowers and lenders.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8038b456-146d-46c6-9430-8e7ab54b3663

    The MIL Network –

  • MIL-OSI: 20/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 20 / 2025
    Schindellegi, Switzerland – 14 April 2025


    Trifork Group: Weekly report on share buyback

    On 28 February 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. The buyback program will not be active from 9 to 15 April 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million). Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital. Under the program, the following transactions have been made:

    Date      Number of shares        Average purchase price (DKK)        Transaction value (DKK)
    Total beginning 52,126 85.85 4,475,156
    7 April 2025 2,500 77.00 192,500
    8 April 2025 2,583 80.66 208,345
    9 April 2025     Pause
    10 April 2025     Pause
    11 April 2025     Pause
    Accumulated 57,209 85.23 4,876,001

    A detailed overview of the daily transactions can be found here: https://investor.trifork.com/trifork-shares/

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 57,209 at a total amount of DKK 4,876,001.
    On 25 March 2025, 1,352 shares acquired through the share buyback program were utilized for the Executive Management’s monthly fixed salary, representing a change from cash payment to payment partly in shares (refer to company announcement no. 1 of 21 January 2025).
    On 1 April 2025, 19,943 shares acquired through the share buyback program were utilized to serve the RSU plan of Executive Management and certain employees.

    With the transactions stated above, Trifork holds a total of 292,243 treasury shares, corresponding to 1.5%. The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,452,656.

    Investor and media contact
    Frederik Svanholm, Group Investment Director & Head of Investor Relations
    frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI Australia: 2023 Australian CRS reportable accounts by jurisdiction

    Source: New places to play in Gungahlin

    Limitations of the CRS report

    The Total accounts column represents the number of Financial Accounts held by foreign tax residents; it does not represent the number of foreign tax residents holding accounts. An account holder may be a tax resident of multiple jurisdictions, so accounts may be reported more than once.

    The Balance ($A) column represents the total balance or value of the Financial Assets held in the accounts. The figure includes:

    • cash
    • securities
    • bonds
    • commodities
    • partnership interests
    • debt interests and equity interests.

    Where an account is held by more than one account holder, the balance or value is attributed in full to each account holder. Where an account is held by a passive non-financial entity, such as a trust, the value of the equity interest is attributed in full to each controlling person. These accounts will be reported in the Total accounts and Balance ($A) columns more than once.

    Table: CRS statistics tabled by the Minister

    Jurisdiction

    Total Accounts

    Balance (AUD)

    Afghanistan

    11070

    $95,581,415

    Aland Islands

    693

    $3,871,473

    Albania

    728

    $10,764,088

    Algeria

    515

    $10,363,535

    American Samoa

    555

    $7,413,499

    Andorra

    1355

    $101,244,778

    Angola

    296

    $10,861,848

    Anguilla

    166

    $1,170,312

    Antigua and Barbuda

    234

    $3,613,577

    Argentina

    43207

    $239,451,920

    Armenia

    725

    $5,711,104

    Aruba

    510

    $18,999,978

    Austria

    16740

    $394,878,370

    Azerbaijan

    893

    $29,236,263

    Bahamas

    1044

    $232,452,443

    Bahrain

    1944

    $70,119,634

    Bangladesh

    29473

    $229,111,457

    Barbados

    378

    $15,992,240

    Belarus

    564

    $6,673,642

    Belgium

    11622

    $328,051,334

    Belize

    141

    $1,882,633

    Benin

    147

    $4,016,713

    Bermuda

    802

    $1,003,121,189

    Bhutan

    33564

    $129,472,928

    Bolivia (Plurinational State of)

    644

    $4,267,066

    Bonaire, Sint Eustatius and Saba

    65

    $320,289

    Bosnia and Herzegovina

    1015

    $18,562,691

    Botswana

    1551

    $74,047,155

    Brazil

    115912

    $665,938,179

    Brunei Darussalam

    4830

    $175,136,606

    Bulgaria

    1168

    $30,359,474

    Burkina Faso

    209

    $6,083,998

    Burundi

    359

    $1,251,294

    Cabo Verde

    57

    $801,533

    Cambodia

    13543

    $310,460,409

    Cameroon

    286

    $12,837,192

    Canada

    131945

    $4,655,911,312

    Cayman Islands

    1261

    $2,287,140,562

    Central African Republic (The)

    65

    $1,886,237

    Chad

    47

    $1,931,612

    Chile

    34790

    $184,569,286

    China

    1168312

    $35,846,564,031

    Colombia

    117549

    $329,328,309

    Comoros

    202

    $1,192,041

    Congo (Democratic Republic of The)

    955

    $15,603,703

    Congo (The)

    592

    $5,826,658

    Cook Islands

    966

    $15,755,625

    Costa Rica

    737

    $9,190,245

    Cote d’Ivoire

    154

    $12,847,535

    Croatia

    2570

    $91,851,975

    Cuba

    270

    $3,587,708

    Curacao

    63

    $489,577

    Cyprus

    2728

    $174,738,630

    Czech Republic

    5737

    $138,163,643

    Denmark

    13370

    $711,421,080

    Djibouti

    56

    $94,469

    Dominica

    118

    $20,557,976

    Dominican Republic

    6717

    $219,006,335

    Ecuador

    4375

    $24,093,968

    Egypt

    7828

    $130,461,587

    El Salvador

    549

    $4,583,826

    Equatorial Guinea

    43

    $5,787,039

    Eritrea

    574

    $3,235,597

    Estonia

    5283

    $19,768,874

    Ethiopia

    2203

    $22,578,132

    Falkland Islands [Malvinas]

    100

    $662,808

    Faroe Islands (The)

    45

    $320,055

    Fiji

    33661

    $418,588,501

    Finland

    7518

    $243,196,353

    France

    88770

    $1,312,556,582

    French Guiana

    63

    $1,169,649

    French Polynesia

    1466

    $144,692,251

    Gabon

    95

    $254,579

    Gambia

    98

    $1,040,902

    Georgia

    519

    $14,078,846

    Germany

    97566

    $2,136,961,996

    Ghana

    3662

    $45,920,708

    Gibraltar

    271

    $98,559,288

    Greece

    18433

    $874,732,119

    Greenland

    34

    $1,090,263

    Grenada

    45

    $860,469

    Guadeloupe

    59

    $1,397,246

    Guam

    567

    $22,049,141

    Guatemala

    609

    $4,477,478

    Guernsey

    709

    $188,289,280

    Guinea

    467

    $16,333,658

    Guinea-Bissau

    22

    $52,235

    Guyana

    145

    $5,865,208

    Haiti

    79

    $3,315,500

    Holy See (The)

    31

    $223,543

    Honduras

    284

    $3,912,750

    Hong Kong

    417259

    $19,652,979,316

    Hungary

    4166

    $89,013,732

    Iceland

    706

    $9,559,465

    India

    541071

    $3,337,392,017

    Indonesia

    141551

    $2,447,310,574

    Iran (Islamic Republic of)

    25484

    $220,602,656

    Iraq

    5657

    $47,263,403

    Ireland

    99386

    $1,184,004,246

    Isle of man

    755

    $77,412,757

    Israel

    14404

    $870,500,826

    Italy

    61111

    $1,042,858,008

    Jamaica

    502

    $10,346,693

    Japan

    122031

    $2,930,986,700

    Jersey

    1191

    $1,500,635,721

    Jordan

    3192

    $51,114,032

    Kazakhstan

    2762

    $76,557,742

    Kenya

    19121

    $167,004,133

    Kiribati

    1728

    $27,628,158

    Korea (The Democratic People’s Republic of)

    1300

    $11,985,623

    Korea (The Republic of)

    120329

    $692,796,653

    Kuwait

    2278

    $59,151,943

    Kyrgyzstan

    253

    $10,798,328

    Lao Peoples Democratic Republic

    3950

    $56,663,831

    Latvia

    662

    $19,990,384

    Lebanon

    4658

    $77,228,058

    Lesotho

    76

    $1,552,742

    Liberia

    331

    $7,577,445

    Libya

    321

    $5,848,095

    Liechtenstein

    115

    $2,373,413

    Lithuania

    1572

    $17,114,640

    Luxembourg

    1269

    $1,281,207,061

    Macao

    8485

    $557,432,905

    Madagascar

    302

    $4,468,823

    Malawi

    602

    $7,546,068

    Malaysia

    207495

    $9,736,791,971

    Maldives

    1145

    $9,633,668

    Mali

    204

    $6,447,711

    Malta

    3940

    $266,412,830

    Marshall Islands (The)

    142

    $267,119,933

    Martinique

    54

    $348,133

    Mauritania

    107

    $2,254,652

    Mauritius

    7436

    $190,515,176

    Mayotte

    43

    $89,402

    Mexico

    12583

    $107,075,070

    Micronesia (Federated States of)

    147

    $15,869,862

    Moldova (The Republic of)

    251

    $2,923,446

    Monaco

    655

    $148,818,123

    Mongolia

    18288

    $90,339,348

    Montenegro

    244

    $25,032,609

    Montserrat

    5287

    $264,020,964

    Morocco

    919

    $34,620,243

    Mozambique

    551

    $16,987,061

    Myanmar

    10713

    $94,691,582

    Namibia

    852

    $28,134,752

    Nauru

    1258

    $71,353,711

    Nepal

    151948

    $530,415,177

    Netherlands (The)

    38960

    $5,741,717,769

    New Caledonia

    14843

    $946,289,722

    New Zealand

    593810

    $13,924,735,966

    Nicaragua

    212

    $1,863,857

    Niger (The)

    118

    $4,131,203

    Nigeria

    8518

    $59,998,862

    Niue

    63

    $457,441

    Northern Mariana Islands (The)

    86

    $1,940,793

    Norway

    12085

    $116,151,200

    Oman

    2919

    $53,732,678

    Pakistan

    40606

    $233,873,735

    Palau

    90

    $2,489,305

    Palestine, State of

    490

    $4,307,127

    Panama

    817

    $22,319,621

    Papua New Guinea

    20645

    $1,000,357,988

    Paraguay

    611

    $4,606,315

    Peru

    8102

    $93,464,956

    Philippines

    149788

    $1,081,032,048

    Pitcairn

    42

    $2,255,280

    Poland

    10216

    $183,398,727

    Portugal

    8340

    $364,367,730

    Puerto Rico

    111

    $1,240,149

    Qatar

    5561

    $199,292,806

    Republic of North Macedonia

    2098

    $48,970,081

    Reunion

    198

    $5,016,186

    Romania

    2257

    $33,817,593

    Russian Federation

    13479

    $311,237,493

    Rwanda

    349

    $2,900,073

    Saint Barthelemy

    43

    $132,991

    Saint Helena, Ascension and Tristan da Cunha

    19

    $53,689

    Saint Kitts and Nevis

    164

    $65,704,365

    Saint Lucia

    99

    $11,339,027

    Saint Martin (French part)

    24

    $1,272,193

    Saint Vincent and The Grenadines

    54

    $648,955

    Samoa

    5642

    $12,252,804

    San Marino

    22

    $225,736

    Sao Tome and Principe

    16

    $47,212

    Saudi Arabia

    17461

    $290,408,054

    Senegal

    246

    $17,019,253

    Serbia

    2765

    $61,671,117

    Seychelles

    747

    $66,081,694

    Sierra Leone

    518

    $59,985,702

    Singapore

    216492

    $16,932,866,043

    Sint Maarten (Dutch)

    44

    $2,030,457

    Slovakia

    2683

    $34,211,553

    Slovenia

    1143

    $31,256,112

    Solomon Islands

    5670

    $107,624,274

    Somalia

    419

    $883,615

    South Africa

    85705

    $3,036,112,507

    South Sudan

    409

    $1,439,169

    Spain

    34964

    $615,458,859

    Sri Lanka

    59417

    $496,470,828

    Sudan

    1369

    $9,428,890

    Suriname

    99

    $808,495

    Swaziland

    491

    $11,837,248

    Sweden

    24838

    $395,550,321

    Switzerland

    27602

    $2,522,289,323

    Syrian Arab Republic

    3146

    $16,259,175

    Taiwan (Province of China)

    215091

    $5,182,123,415

    Tajikistan

    150

    $6,070,527

    Tanzania, United Republic of

    1483

    $28,785,672

    Thailand

    115526

    $1,671,533,990

    Timor-Leste

    5625

    $103,220,105

    Togo

    50

    $392,068

    Tokelau

    34

    $94,511

    Tonga

    10335

    $27,905,071

    Trinidad and Tobago

    429

    $10,964,301

    Tunisia

    505

    $42,954,529

    Turkey

    12815

    $123,250,809

    Turkmenistan

    80

    $269,557

    Turks and Caicos Islands (The)

    62

    $12,992,454

    Tuvalu

    332

    $24,161,951

    Uganda

    1469

    $26,010,162

    Ukraine

    6358

    $57,835,515

    United Arab Emirates

    34016

    $1,525,677,609

    United Kingdom of Great Britain and Northern Ireland (The)

    650226

    $15,897,900,722

    United States Minor Outlying Islands (The)

    616

    $17,009,421

    United States of America (The)

    607512

    $32,140,613,865

    Uruguay

    2967

    $20,416,335

    Uzbekistan

    843

    $14,924,835

    Vanuatu

    12745

    $166,367,754

    Venezuela (Bolivarian Republic of)

    3429

    $16,703,255

    Vietnam

    108399

    $1,368,106,502

    Virgin Islands (British)

    664

    $1,583,993,488

    Virgin Islands (U.S.)

    86

    $12,262,261

    Wallis and Futuna

    79

    $735,705

    Western Sahara

    54

    $172,955

    Yemen

    436

    $3,698,663

    Zambia

    2508

    $52,915,353

    Zimbabwe

    8557

    $181,025,534

    MIL OSI News –

  • MIL-OSI Asia-Pac: The Force reaches new heights at 50th International Exhibition of Inventions of Geneva (with photos)

    Source: Hong Kong Government special administrative region

         Officers of the Cyber Security and Technology Crime Bureau and the Police Tactical Unit Headquarters (PTU HQ) of the Hong Kong Police Force reached new heights at the 50th International Exhibition of Inventions of Geneva, which was held between April 9 and 13 in Geneva, Switzerland, and garnered the “International Press Prize” for the first time, the “Gold Medal with the Congratulations of Jury”, along with one Gold, one Silver, and one Bronze international award.

         Following a highly competitive judging process with international expert judges reviewing all the entries, the Force professionally presented the innovative technological solutions. The Force focused on the themes of “Building a Secure Cyberspace” and “Applying Technology”, demonstrating four solutions in the “Hardware, Software, Cybersecurity, Blockchain & Internet of Things (IoT)” category, winning five international awards, including:

         1) Scameter Series – A multi-layered public anti-scam initiative comprising a public-facing mobile app with real-time scam detection, open-data policies sharing threat intelligence with strategic stakeholders, and partnerships with banks to send public alerts on high-risk transactions (International Press Prize & Gold Medal);

         2) CryptoTrace – Jointly developed with the University of Hong Kong, this cutting-edge virtual asset analytics platform facilitates cryptocurrency tracing, fund flow analysis, and wallet correlation, accelerating fraud detection for frontline investigators (Gold Medal with the Congratulations of Jury);

         3) RAPID Engine – Through multilateral collaboration and proactive detection from various sources, RAPID Engine inspects newly registered suspicious websites. Utilising AI algorithms, RAPID Engine performs real-time analysis based on multidimensional rules such as domain characteristics and suspicious codes. Threat intelligence is simultaneously updated to the “Scameter Series” and sent to multiple internet service providers for blocking, effectively enhancing the public’s ability to resist phishing threats (Silver Medal);

         4) AI Visual Intelligence-enabled Glasses for Drone Operations – PTU HQ partnered with the Electrical and Mechanical Services Department, jointly developed an AI-powered image analysis system integrated with Augmented Reality (AR) smart glasses. This system enables real-time display of both flight footage and AI computational results directly on the AR glasses, allowing operators to receive critical AI insights without interrupting flight control (Bronze Medal);

    The awards demonstrate the Force’s commitment to leveraging innovative technology to promote smart policing and improve operational efficiency. Additionally, the Force effectively employs AI to assist the public in combating fraud and enhancing law enforcement capabilities, particularly in tackling emerging types of crimes, including those related to virtual assets.

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Government cuts price of everyday items and summer essentials

    Source: United Kingdom – Government Statements

    Press release

    Government cuts price of everyday items and summer essentials

    The Government has cut prices on the imports of everyday essentials like spices and juices to boost economic growth.

    • Prices slashed on 89 foreign products – ranging from pasta, fruit juices and spices to plastics and gardening supplies – over next two years    

    • Cheaper imports will save businesses at least £17 million per year in a further bid to kickstart growth as part of the Plan for Change  

    • Savings could be passed onto families, mixologists and amateur gardeners through lower prices on everyday items and summer essentials 

    • UK committed to economic growth, business security and lower prices through free and open trade

    UK businesses and consumers could benefit from lower prices on imports of everyday essentials like spices and juices as the Government takes further action to make the UK the best place to do business and kickstart economic growth.  

    In a further demonstration of the government’s commitment to free trade and responding to business need, the UK Global Tariff will be temporarily suspended on 89 products saving UK businesses up and down the country at least £17 million a year.  

    The products include plywood and plastics, which are essential for construction – making life easier for chippies all over the country.

    Working in partnership with industry, the government has decided to suspend import tariffs on a whole range of products to lower costs for businesses, tariffs will now be cut to zero until July 2027.    

    The savings to businesses on products such as pasta, fruit juices, coconut oil and pine nuts could be passed onto consumers just in time for the summer season, meaning lower food prices in supermarkets, restaurants and pubs.  

    Products including agave syrup, often used in margaritas, and plant bulbs will also see tariffs removed meaning keen cocktail-makers and amateur gardeners could enjoy lowered costs as the warmer weather approaches. 

    These changes will support key growth sectors such as advanced manufacturing and clean energy to compete with international rivals, supporting the Government’s Industrial Strategy with the Plan for Change.  

    Business and Trade Secretary Jonathan Reynolds said: 

    Free and open trade grows economies, lowers prices and helps businesses to sell to the world, which is why we’re cutting tariffs on a range of products.  

    From food to furniture, this will reduce the cost of everyday items for businesses, with savings hopefully passed onto consumers. 

    As we face a new era of global trade, this government is going further faster to make Britain the best country to do business, delivering on our Plan for Change. These suspensions are just another example of that.

    Chancellor of the Exchequer Rachel Reeves said:   

    In a changing world we know families are anxious about the cost of living, and businesses uncertain about their future. That’s why we’ve announced lower prices on imports of everyday essentials – helping businesses to thrive and pass on savings to customers.

    Through our Plan for Change we’re supporting British business and putting more money in people’s pockets.

    The UK Global Tariff applies to goods entering the UK that do not qualify for preferential treatment under, for example, a free trade agreement.     

    Businesses across the UK apply for temporary suspensions on a regular basis by providing evidence of the benefits to themselves, their sector and the wider economy.  

    CBI Europe and International Director Sean McGuire: 

    In the face of an uncertain and unpredictable global trading environment, government should be commended for suspending import duties on an array of products. Measures like these will be important for reducing the financial pressures on firms and help to drive growth for businesses of all sizes across the country.

    The UK has already reduced tariffs on certain imported goods, benefitting British consumers with better choice, quality and prices on products like fruit juices from Peru and vacuum cleaners from Malaysia.   

    The Government is going further and faster in negotiating trade deals with partners including India, the Gulf Cooperation Council, South Korea and Switzerland which will unlock new opportunities for businesses, support jobs, and boost wages.    

    These measures come as the government acts swiftly to protect UK businesses and workers in a new era of global trade, through increasing flexibility on the zero emission vehicle (ZEV) mandate, cutting the red tape and bureaucracy that slows down clinical trials in the life sciences sector, investing up to £600 million in a new Health Data Research Service and backing a £30 million package to support the reopening of Doncaster Sheffield Airport which is expected to support 5,000 jobs and boost the economy by £5 billion.   

    Updates to this page

    Published 13 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI China: Montreux Jazz Festival unveils summer line-up, expands intl reach

    Source: China State Council Information Office 3

    The Montreux Jazz Festival, set for July in Switzerland, has revealed an eclectic lineup blending musical genres and fostering cultural connections between East and West.

    Founded in 1967 by Claude Nobs and directed by Mathieu Jaton since 2013, the iconic festival will feature a mix of legendary and contemporary artists, including Santana, Alanis Morissette, Pulp, Chaka Khan, FKA twigs, Diana Ross, Lionel Richie, RAYE, Noah Kahan, Sam Fender and J Balvin.

    “The great opening on the Lake Stage will be with Chaka Khan celebrating 50 years of career and paying tribute to Quincy Jones who passed away this year,” Jaton told Xinhua in an interview.

    “There are so many incredible artists, and so we’re very pleased and very honored to welcome all those beautiful musicians to Montreux,” he added.

    Jaton highlighted the festival’s spirit of diversity, with a lineup spanning rock, folk, electronic music, jazz, soul, R&B and global hip-hop.

    Held in Montreux, nestled between the Alps and Lake Geneva, the festival attracts around 250,000 visitors annually, offering stunning views, top-class acoustics and free stages. It has hosted icons like Miles Davis, Aretha Franklin and Elton John over the years.

    Since late 1970s, Montreux has expanded globally to cities like Sao Paulo, Detroit, Tokyo and Rio de Janeiro.

    “The brand Montreux continues to expand around the world,” Jaton said. “We’re very proud and happy to now have Montreux Jazz Festival China, Montreux Jazz Festival Tokyo, Montreux Jazz Festival Brazil and Montreux Jazz Festival Miami.”

    “We also continue our expansion of the Montreux Jazz Cafes and just opened a Montreux Jazz Club in Lausanne in Switzerland,” he added.

    In 2021, the festival debuted in China, with the first edition held in Hangzhou under the theme “When West Meets East.” The fourth edition of the Montreux Jazz Festival China, set to take place in Suzhou on Oct. 24-26, is expected to further connect international and Chinese musicians.

    Jaton emphasized that building cultural bridges between China and the world remains a priority.

    “The team in China has put in a lot of energy to bring the Montreux Jazz Festival to China. The last edition (also in Suzhou) in October was really brilliant. It shows also the potential of the brand’s development in China,” he said.

    “I’m sure that the Montreux Jazz Festival China will expand and become a major event in China, which is definitely a very important market for us,” he noted. 

    MIL OSI China News –

  • MIL-OSI: XRP News: Only 9 Days Left as XploraDEX $XPL Presale Enters Countdown Phase – Last Chance to Join XRP’s Smartest DeFi Launch

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 12, 2025 (GLOBE NEWSWIRE) — The clock is ticking, and the window is closing. With just 9 days left before the XploraDEX $XPL presale officially ends, crypto investors across the XRP ecosystem are making their final moves to lock in what could be the most promising DeFi launch of 2025.

    XploraDEX isn’t just another decentralized exchange, it’s the first AI-powered trading platform on XRPL, designed to give every trader the advantage of predictive analytics, intelligent automation, and precision execution. With over 44% of the presale already sold and momentum accelerating, this is the final opportunity to secure $XPL at presale prices before listings go live.

    Buy $XPL Tokens

    What’s the Buzz About?

    XploraDEX is turning heads for a reason. The platform combines lightning-fast XRPL infrastructure with cutting-edge AI tools. Traders can predict market trends in real time, execute automated strategies, receive adaptive risk alerts, and monitor personalized dashboards that adjust to their trading behavior. This isn’t just a place to swap tokens—it’s an intelligent platform that helps users trade smarter with every move.

    Participate in $XPL Presale

    Why You Need to Act Now

    With only 9 days remaining, the $XPL presale is entering its most critical and competitive phase. Investors who miss out now will not only lose access to the lowest token prices—they’ll miss the chance to gain higher staking yields, VIP access to the beta version of the AI dashboard, and a seat at the table when major governance decisions are made. XploraDEX is also granting early adopters front-row access to launchpad token sales and exclusive trading modules available only to $XPL holders.

    The Final Phase Is Here

    Once the $XPL PreSale ends, $XPL will be listed on major XRPL-based decentralized exchanges at a higher price point. Platform rollouts, staking programs, and AI feature deployments will follow immediately—giving early investors a clear edge. This is your last chance to be part of the protocol’s foundation and share in the upside as adoption accelerates.

    If you’ve been watching XploraDEX rise from concept to presale success, this is your final call to join the ranks of first movers. There are just 9 days left before this door closes—and based on current momentum, the final allocation won’t last that long.

    Join the $XPL Presale Now: https://xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c86b1831-8dd5-4a26-a70e-33ad01e0af0a

    The MIL Network –

  • MIL-OSI Australia: Canberra’s best sandwiches

    Source: Northern Territory Police and Fire Services

    • This list includes cafes and delis from around Canberra.

    Chicken, roast beef, curried egg, salad, tuna or jam – however you like them, there’s a sandwich for everyone. We’re here to help you discover the best sandwiches Canberra has to offer.

    We asked Canberrans on WeAreCBR to name their favourite sandwich spot. These were the standouts, as voted by you:

    Located in No Name Lane, Sandoochie is open Monday-Friday to feed the working Canberrans. You will hardly ever see this joint without a line out the door. They offer a tantalising choice of 3-4 sandwiches and change the menu weekly.

    Blue Olive Café is located in the Melbourne Building. They offer a range of great Chunky New York style sandwiches for your next work lunch.

    This place not only offers great sandwiches and coffee, but you can grab both without even leaving your car. Kickstart is a drive-through cafe located in Fyshwick and Dickson, and they’ve just opened a third location in Belconnen.

    Melted menu items range from cheese toasties to Mi Goreng noodles – anything you would think wouldn’t go on a toastie is on offer.

    With over 10 locations in Canberra, Two Before Ten has become a go-to brunch and lunch spot. Of course they are offering up some solid sandwiches. They’ve got them fresh or toasted, and gluten-free and vego options.

    San Churro is a first and foremost a dessert venue, but who would’ve guessed they are also serving up some delicious toasties?!

    Hop into Bad Bunny for a great selection of sandwiches. They’ve got it all, from pork belly, corned beef to crispy chicken. They also have a great plant-based option of pulled mushroom with vegan cheese and vegan mayo.

    Bean Origin serves up great breakfast and lunch items. Try one of their delicious steak-sandwiches or toasties!

    &Sando is the casual counterpart to Matt Moran’s Compa. The menu features fresh deli counter sandwiches and pastries. Keep an eye out for the specials – past favourites have included Bolognese, provolone and bechamel, and a toasted truffle sando.

    Al’s Diner is bringing the New York-style deli experience to Alinga Street. Choose from fresh or hot sandwiches with flavours like beef & pickle, mushroom melt, chicken salad or the schnitty roll.

    You’ll find this bakery tucked away at the Fyshwick Fresh Food Markets. They’re well-loved for their breads and pastries, and their sandwiches are just as delicious. Choose from ciabatta or sourdough with options like hot salami, smoked salmon, marinated pumpkin or roasted capsicum.

    The sandwiches at Café Stepping Stone come with a side of social good. Stepping Stone create employment opportunities for migrant and refugee women. The potato masala toastie or green Reuben toastie are available at both locations.

    You’ll find this Dutch-inspired patisserie inside Manuka Court. Their display shelves are filled with pastries, cakes, and croquembouche. Regulars love the toasted and fresh sandwich options.

    Lava is well-known for their coffee, but did you know they offer tasty toasties? Flavours include classics like ham, cheese and tomato, as well as chorizo, chilli jam, basil and Swiss cheese.

    Empanadas and coffee are specialties of this suburban gem. They also offer pastries as well as fresh or toasted sandwiches.

    Read more like this:

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    MIL OSI News –

  • MIL-OSI USA News: The State of Play: Why President Trump’s Tariffs Are Necessary

    Source: The White House

    It’s cliché, yet true — the definition of insanity is repeating the same thing over and expecting a different result.

    The trade policies of the past several decades have failed this nation, its workers, and our communities.

    Twenty years ago, The New York Times Editorial Board responded to the January 2005 trade deficit of $58.3 billion by writing an editorial entitled “Dangerous deficits.” Deficits are certainly dangerous; former Federal Reserve Chairman Paul Volcker said trade deficits were to blame for the Great Recession.

    The Times wrote in 2005: “At $58.3 billion, the U.S. trade deficit for January exceeded everyone’s worst expectations… The trade deficit is the single most important factor in measuring the extent to which the United States lives beyond its means.”

    Since then, our trade deficit has more than DOUBLED. The U.S. trade deficit in January totaled a whopping $131.4 billion.

    The impact has been seen everywhere.

    Since 1990, manufacturing employment has decreased by 59% in New York and decreased by 35% in Ohio.

    The loss of these jobs killed innocent Americans and destroyed towns. Multiple studies show the loss of jobs due to bad trade deals led to an increase in drug overdoses.

    However, liberal commentators have lost interest in fixing this problem. In fact, they are offended at the suggestion that industry should return to America.

    Chris Matthews was inexplicably stunned on MSNBC and asked, “What are we going to do? Have more lumber made in the United States now!?” Yes, we are. President Donald J. Trump even signed an executive order to expand American timber production.

    Likewise, Nia Malika-Henderson on CNN ridiculously asked, “Is it worth it to upend the global economy for HVAC jobs?” Apparently, Nia Malika-Henderson thinks preserving low-wage jobs in China is more important than creating high-wage jobs in America.

    The loss of American industry means we struggle to build ships, medicine, and other essential goods. This is a national security emergency.

    Fortunately, we are already seeing progress in reshoring American industry. President Trump remains undeterred in his mission to Make America Wealthy Again.

    • Guardian Bikes announced it is launching the “first large-scale bicycle frame manufacturing operation in the United States.”
    • Novartis announced “it plans to spend $23 billion to build and expand 10 facilities in the U.S.”
    • Chocolate maker Barry Callebaut announced it is increasing its U.S.-based production.
    • JSW Steel announced it will be adding jobs at its Ohio steel plant.
    • BMW is considering adding shifts to boost production at its South Carolina plant.
    • Apple announced a $500 billion investment in U.S. manufacturing and training.
    • Nvidia announced it will invest hundreds of billions of dollars over the next four years in U.S.-based manufacturing.
    • Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing.
    • Eli Lilly and Company announced a $27 billion investment in domestic manufacturing.
    • United Arab Emirates-based DAMAC Properties announced a $20 billion investment in new U.S.-based data centers.
    • France-based CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs.
    • United Arab Emirates-based ADQ and U.S.-based Energy Capital Partners announced a $25 billion investment in U.S. data centers and energy infrastructure.
    • South Korean automaker Hyundai announced a $20 billion investment — including $5.8 billion for a new steel plant in Louisiana, which will create nearly 1,500 jobs, amid their pledge to “further localize production in the U.S.”
    • Merck announced it will invest $8 billion in the U.S. over the next several years after opening a new $1 billion North Carolina manufacturing facility.
    • Clarios announced a $6 billion plan to expand its domestic manufacturing operations.
    • GE Aerospace announced a $1 billion investment in manufacturing across 16 states — creating 5,000 new jobs.
    • Stellantis announced a $5 billion investment in its U.S. manufacturing network — including re-opening an Illinois manufacturing plant — as it pledges to increase domestic vehicle production.
    • Schneider Electric announced it will invest $700 million over the next four years in U.S. energy infrastructure.
    • GE Vernova announced it will invest nearly $600 million in U.S. manufacturing over the next two years, which will create more than 1,500 new jobs.
    • London-based Diageo announced a $415 million investment in a new Alabama manufacturing facility.
    • Dublin-based Eaton Corporation announced a $340 million investment in a new South Carolina-based manufacturing facility for its three-phase transformers.
    • Germany-based Siemens announced a $285 million investment in U.S. manufacturing and AI data centers, which will create more than 900 new skilled manufacturing jobs.
    • Paris Baguette announced a $160 million investment to construct a manufacturing plant in Texas.
    • Switzerland-based ABB announced a $120 million investment to expand production of its low-voltage electrification products in Tennessee and Mississippi.
    • Saica Group, a Spain-based corrugated packaging maker, announced plans to build a $110 million new manufacturing facility in Anderson, Indiana.
    • Paris-based Saint-Gobain announced a new $40 million NorPro manufacturing facility in Wheatfield, New York.
    • India-based Sygene International announced a $36.5 million acquisition of a Baltimore biologics manufacturing facility.
    • Asahi Group Holdings, one of the largest Japanese beverage makers, announced a $35 million investment to boost production at its Wisconsin plant.
    • Honda is expected to produce its next-generation Civic hybrid model in Indiana.
    • Nissan is considering moving production from Mexico to the U.S.
    • Rolls-Royce is expected to shift production to the U.S. and expand its domestic workforce.
    • Volkswagen is considering shifting production of the high-end Audi and Porsche brands to the U.S.
    • Volvo is considering expanding its U.S.-based output.
    • LG is considering moving its refrigerator manufacturing from Mexico to Tennessee.
    • Italian spirits group Campari is “assessing the opportunities to expand its production in the U.S.”
    • Swedish hygiene product manufacturer Essity is considering shifting production to the U.S.
    • Taiwan-based Compal Electronics is considering a U.S.-based expansion.
    • Taiwan-based Inventec is expected to expand its manufacturing operations into Texas.
    • LVMH, a French luxury giant, is “seriously considering” an expansion to its U.S.-based production capabilities.
    • Cra-Z-Art, the biggest toymaker in the U.S., said it will move a “large percentage” of its China-based manufacturing back home.
    • Prepac, a Canadian furniture manufacturer, announced it will move production from Canada to the U.S.
    • Lear is considering moving its production to the U.S.
    • Half of Japanese companies say they’ll boost U.S. investment, largely due to tariffs.

    MIL OSI USA News –

  • MIL-OSI: MYT Netherlands Parent B.V. (“Mytheresa”) receives final regulatory clearance to acquire YOOX NET-A-PORTER (“YNAP”) from Richemont, with closing planned for 23 April 2025

    Source: GlobeNewswire (MIL-OSI)

    MYT Netherlands Parent B.V. (“Mytheresa”) receives final regulatory clearance
    to acquire YOOX NET-A-PORTER (“YNAP”) from Richemont, with closing planned for 23 April 2025 

    11 April 2025 – Today, Mytheresa (NYSE:MYTE) received the unconditional merger control clearance from the European Commission for the acquisition of YNAP from Richemont (SWX:CFR), through its subsidiary Richemont Italia Holding S.P.A.. Mytheresa and Richemont have now received all other necessary approvals from regulatory authorities and plan to close the transaction on 23 April 2025.

    On 7 October 2024, Mytheresa and Richemont signed binding agreements for the acquisition by Mytheresa of 100% of the share capital of YNAP from Richemont, aiming to build a leading global multi-brand digital luxury group. The receipt of all necessary regulatory approvals is the final step for the completion of the transaction. Under the umbrella of “LuxExperience B.V.”, which the combined company will be named following the acquisition, the brands Mytheresa, NET-A-PORTER, MR PORTER, YOOX and THE OUTNET will offer highly curated and strongly differentiated selections of the most prestigious brands for luxury customers with unprecedented reach and relevance.

    Michael Kliger, Chief Executive Officer of Mytheresa, said, “We are truly excited to have received all required regulatory clearances to finalize the acquisition of YOOX NET-A-PORTER. We will become one of the leading global, digital luxury platforms for true luxury enthusiasts through having multiple, highly distinguished storefronts, all under the umbrella of LuxExperience. We will generate significant synergies by using a joint back-of-house platform, but most importantly because we will have one of the most relevant overall value propositions for global luxury shoppers and brands. Today marks a significant milestone in our success story as we enter a new and exciting phase for both Mytheresa and all YNAP brands, which is expected to create significant value for our customers, brand partners and shareholders.”

    Martin Beer, Chief Financial Officer of Mytheresa, added: “The acquisition of YNAP fulfills Mytheresa´s ambition to build a leading online luxury group worth around 3 billion Euros GMV per annum. In the medium term, our goal for LuxExperience will be to grow to a 4 billion Euros GMV per annum business with >8% Adj. EBITDA margin. While the consolidation of YNAP will initially dilute our EBITDA margin at group level we are uniquely prepared to achieve a fundamental transformation and return the YNAP businesses to profitability. The restructuring is expected to take 24 to 36 months and is well funded with a net cash position of 555 million Euros at closing. We will fully leverage Mytheresa’s operational excellence, proprietary technology and proven ability to execute large-scale projects.”

    Johann Rupert, Chairman of Richemont, said: “We look forward to LuxExperience’s future success, as the receipt of this clearance paves the way for both the Mytheresa and YNAP teams, their brand partners and customers alike to fully benefit from the enhanced value propositions and expanded global reach offered by the combined businesses.”

    At transaction closing, Mytheresa will issue new shares to Richemont representing 33% of Mytheresa’s fully diluted share capital after issuance of the consideration shares. At the same time, Richemont will sell YNAP with a cash position of €555m and no financial debt to Mytheresa, which will become YNAP’s sole shareholder. Richemont will also provide a 6-year €100m revolving credit facility to YNAP. Upon transaction closing, Burkhart Grund, Chief Financial Officer of Richemont, will join Mytheresa Supervisory Board as new Board member.

    Mytheresa, NET-A-PORTER and MR PORTER will continue to offer differentiated, but complementary, multi-brand offering for luxury customers. The three individual store brands will maintain their own brand’s identities while sharing central infrastructure resources jointly. At the same time, the off-price division, consisting of YOOX and THE OUTNET, will be separated from the luxury division for a much simpler and more efficient operating model.

    With regulatory clearance received, Mytheresa and Richemont will now move forward with the final steps required to complete the transaction. A further announcement will be made at transaction closing. Further details on integration plans will be shared in due course. 

    Forward-looking statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward- looking statements. Forward-looking statements give Mytheresa’s current expectations and projections relating to the proposed transaction and the operation of the combined companies; its financial condition, results of operations, plans, objectives, future performance and business, including statements relating to financing activities, future sales, expenses, and profitability; future development and expected growth of our business and industry; our ability to execute our business model and our business strategy; having available sufficient cash and borrowing capacity to meet working capital, debt service and capital expenditure requirements for the next twelve months; and projected capital spending. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. The forward-looking statements contained in this press release are based on assumptions that Mytheresa has made in light of its industry experience and perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. As you read and consider this press release, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond Mytheresa’s control) and assumptions. Although Mytheresa believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect its actual operating and financial performance and cause its performance to differ materially from the performance anticipated in the forward-looking statements. Mytheresa believes these factors include, but are not limited to: the occurrence of any event, change or other circumstances that could give rise to the termination or abandonment of the proposed transaction; the expected timing and likelihood of completion of the proposed transaction with Richemont; the risk that the remaining conditions to closing the proposed transaction may not be satisfied in a timely manner or at all; the risk that the proposed transaction and its announcement could have an adverse effect on the ability of YNAP to retain customers and retain and hire key personnel and maintain relationships with their brand partners and customers and on their operating results and businesses generally; the risk that problems may arise in successfully integrating the businesses of YNAP and Mytheresa, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the combined company may be unable to achieve cost-cutting synergies or that it may take longer than expected to achieve those synergies; Mytheresa’s ability to effectively compete in a highly competitive industry; Mytheresa’s ability to respond to consumer demands, spending and tastes; general economic conditions, including economic conditions resulting from deteriorating geopolitical and macroeconomic conditions, such as the recent global trade war that escalated after the U.S. imposed tariffs on countries across the globe, and the adoption of retaliatory tariffs by those countries, that may adversely impact consumer demand; Mytheresa’s ability to acquire new customers and retain existing customers; consumers of luxury products may not choose to shop online in sufficient numbers; the volatility and difficulty in predicting the luxury fashion industry; Mytheresa’s reliance on consumer discretionary spending; and Mytheresa’s ability to maintain average order levels and other factors. Should one or more of these risks or uncertainties materialize, or should any of these assumptions prove incorrect, Mytheresa’s actual operating and financial performance may vary in material respects from the performance projected in these forward-looking statements.

    Mytheresa undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

    The achievement or success of the matters covered by such forward-looking statements involves known and unknown risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, Mytheresa’s results could differ materially from the results expressed or implied by the forward-looking statements it makes.

    You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent Mytheresa’s management’s beliefs and assumptions only as of the date such statements are made.

    Further information on these and other factors that could affect Mytheresa’s financial results is included in filings it makes with the U.S. Securities and Exchange Commission (“SEC”) from time to time, including the section titled “Risk Factors” in its annual report on Form 20-F and on Form 6-K (reporting its quarterly results). These documents are available on the SEC’s website at www.sec.gov and on the SEC Filings section of the Investor Relations section of our website at: https://investors.mytheresa.com.

      
    About non-IFRS financial measures and operating metrics

    Adjusted EBITDA margin is a non-IFRS financial measure that we calculate as net income before finance expense (net), taxes, and depreciation and amortization, adjusted to exclude Other transaction-related, certain legal and other expenses and Share-based compensation expense. Adjusted EBITDA Margin is a non-IFRS financial measure which is calculated in relation to net sales.

    We are not able to forecast net income (loss) on a forward-looking basis without unreasonable efforts due to the high variability and difficulty in predicting certain items that affect net income (loss), including, but not limited to, Income taxes and Interest expense and, as a result, are unable to provide a reconciliation to forecasted Adjusted EBITDA.

    Gross Merchandise Value (GMV) is an operative measure and means the total Euro value of orders processed, either as principal or as agent. GMV is inclusive of merchandise value, shipping and duty. It is net of returns, value added taxes, applicable sales taxes and cancellations. GMV does not represent revenue earned by us. We use GMV as an indicator for the usage of our platform that is not influenced by the mix of direct sales and commission sales. The indicators we use to monitor usage of our platform include, among others, active customers, total orders shipped and GMV.

    About Mytheresa

    Mytheresa is one of the leading luxury multi-brand digital platforms shipping to over 130 countries. Founded as a boutique in 1987, Mytheresa launched online in 2006 and offers ready-to-wear, shoes, bags and accessories for womenswear, menswear, kidswear as well as lifestyle products and fine jewelry. The highly curated edit of up to 250 brands focuses on true luxury brands such as Bottega Veneta, Brunello Cucinelli, Dolce&Gabbana, Gucci, Loewe, Loro Piana, Moncler, Prada, Saint Laurent, The Row, Valentino, and many more. Mytheresa’s unique digital experience is based on a sharp focus on high-end luxury shoppers, exclusive product and content offerings, leading technology and analytical platforms as well as high quality service operations. The NYSE listed company reported € 913.6 million GMV in fiscal year 2024 (+7% vs. FY23). For more information, please visit https://investors.mytheresa.com/.

    “LuxExperience” will be the trade name for LuxExperience B.V. a Dutch company with limited liability, upon completion of the renaming of MYT Netherlands Parent B.V.

    About Richemont

    At Richemont, we craft the future. Our unique portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity. Richemont’s ambition is to nurture its Maisons and businesses and enable them to grow and prosper in a responsible, sustainable manner over the long term.

    Richemont operates in three business areas: Jewellery Maisons with Buccellati, Cartier, Van Cleef & Arpels and Vhernier; Specialist Watchmakers with A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons with Alaïa, Chloé, Delvaux, dunhill, G/FORE, Gianvito Rossi, Montblanc, Peter Millar, Purdey, Serapian as well as Watchfinder & Co. In addition, Richemont operates NET-A-PORTER, MR PORTER, THE OUTNET, YOOX and the OFS division. Find out more at https://www.richemont.com/.

    Richemont ‘A’ shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index (‘SMI’) of leading stocks. The ‘A’ shares are also traded on the Johannesburg Stock Exchange (JSE), Richemont’s secondary listing.

    About YOOX NET-A-PORTER (YNAP)

    YNAP is a world leading online luxury and fashion retailer, with a distinctive offering including multi-brand in-season online stores NET-A-PORTER and MR PORTER, and multi-brand off-season online stores YOOX and THE OUTNET.

    Uniquely positioned in the high growth online luxury sector, YNAP has a client base of c.4 million high-spending customers and over 900 million visitors worldwide. The Group has offices and operations in the United States, Europe, Middle East, Japan, mainland China and Hong Kong SAR, China. It delivers to over 170 countries around the world. 

    Investor Relations Contacts
    Mytheresa.com GmbH
    Stefanie Muenz
    phone: +49 89 127695-1919
    email: investors@mytheresa.com

    Media Contacts for public relations
    Mytheresa.com GmbH
    Sandra Romano
    mobile: +49 152 54725178
    email: sandra.romano@mytheresa.com

    Media Contacts for business press
    Mytheresa.com GmbH
    Lisa Schulz
    mobile: +49 151 11216490
    email: lisa.schulz@mytheresa.com

    Media Contacts for business press
    BOC Consult GmbH
    Ruediger Assion
    mobile: +49 176 2424 7691
    email: ruediger.assion@boc-consult.com

    Richemont Contacts
    Investor / analyst enquiries: +41 22 721 30 03; investor.relations@cfrinfo.net
    Media enquiries: +41 22 721 35 07; pressoffice@cfrinfo.net; richemont@teneo.com

    Source: MYT Netherlands Parent B.V.

    Click here for a printer-friendly version in English (PDF)

    The MIL Network –

  • MIL-OSI Global: Do Inuit languages really have many words for snow? The most interesting finds from our study of 616 languages

    Source: The Conversation – Global Perspectives – By Charles Kemp, Professor, School of Psychological Sciences, The University of Melbourne

    Shutterstock

    Languages are windows into the worlds of the people who speak them – reflecting what they value and experience daily.

    So perhaps it’s no surprise different languages highlight different areas of vocabulary. Scholars have noted that Mongolian has many horse-related words, that Maori has many words for ferns, and Japanese has many words related to taste.

    Some links are unsurprising, such as German having many words related to beer, or Fijian having many words for fish. The linguist Paul Zinsli wrote an entire book on Swiss-German words related to mountains.

    In our recently-published study we took a broad approach towards understanding the links between different languages and concepts.

    Using computational methods, we identified areas of vocabulary that are characteristic of specific languages, to provide insight into linguistic and cultural variation.

    Our work adds to a growing understanding of language, culture, and the way they both relate.

    Japanese has many words related to taste. One of these is umami, which is often used to describe the rich taste of matcha green tea.
    Shutterstock

    Our method

    We tested 163 links between languages and concepts, drawn from the literature.

    We compiled a digital dataset of 1574 bilingual dictionaries that translate between English and 616 different languages. Since many of these dictionaries were still under copyright, we only had access to counts of how often a particular word appeared in each dictionary.

    One example of a concept we looked at was “horse”, for which the top-scoring languages included French, German, Kazakh and Mongolian. This means dictionaries in these languages had a relatively high number of

    1. words for horses. For instance, Mongolian аргамаг means “a good racing or riding horse”
    2. words related to horses. For instance, Mongolian чөдөрлөх means “to hobble a horse”.

    However, it is also possible the counts were influenced by “horse” appearing in example sentences for unrelated terms.

    Not a hoax after all?

    Our findings support most links previously highlighted by researchers, including that Hindi has many words related to love and Japanese has many words related to obligation and duty.

    ‘Silk’ was one of the most popular concepts for Mandarin Chinese.
    Shutterstock

    We were especially interested in testing the idea that Inuit languages have many words for snow. This notorious claim has long been distorted and exaggerated. It has even been dismissed as the “great Eskimo vocabulary hoax”, with some experts saying it simply isn’t true.

    But our results suggest the Inuit snow vocabulary is indeed exceptional. Out of 616 languages, the language with the top score for “snow” was Eastern Canadian Inuktitut. The other two Inuit languages in our data set (Western Canadian Inuktitut and North Alaskan Inupiatun) also achieved high scores for “snow”.

    The Eastern Canadian Inuktitut dictionary in our dataset includes terms such as kikalukpok, which means “noisy walking on hard snow”, and apingaut, which means “first snow fall”.

    The top 20 languages for “snow” included several other languages of Alaska, such as Ahtena, Dena’ina and Central Alaskan Yupik, as well as Japanese and Scots.

    Scots includes terms such as doon-lay, meaning “a heavy fall of snow”, feughter meaning “a sudden, slight fall of snow”, and fuddum, meaning “snow drifting at intervals”.

    You can explore our findings using the tool we developed, which allows you to identify the top languages for any given concept, and the top concepts for a particular language.

    Language and environment

    Although the languages with top scores for “snow” are all spoken in snowy regions, the top-ranked languages for “rain” were not always from the rainiest parts of the world.

    For instance, South Africa has a medium level of rainfall, but languages from this region, such as Nyanja, East Taa and Shona, have many rain-related words. This is probably because, unlike snow, rain is important for human survival – which means people still talk about it in its absence.

    For speakers of East Taa, rain is both relatively rare and desirable. This is reflected in terms such as lábe ||núu-bâ, an “honorific form of address to thunder to bring rain” and |qába, which refers to the “ritual sprinkling of water or urine to bring rain”.

    Our tool can also be used to explore various concepts related to perception (“smell”), emotion (“love”) and cultural beliefs (“ghost”).

    The top-scoring languages for “smell” include a cluster of Oceanic languages such as Marshallese, which has terms such as jatbo meaning “smell of damp clothing”, meļļā meaning “smell of blood”, and aelel meaning “smell of fish, lingering on hands, body, or utensils”.

    Prior to our research, the smell terms of the Pacific Islands had received little attention.

    Some caveats

    Although our analysis reveals many interesting links between languages and concepts, the results aren’t always reliable – and should be checked against original dictionaries where possible.

    For example, the top concepts for Plautdietsch (Mennonite Low German) include von (“of”), den (“the”) and und (“and”) – all of which are unrevealing. We excluded similar words from other languages using Wiktionary, but our method did not filter out these common words for Plautdietsch.

    Also, the word counts reflect both dictionary definitions and other elements, such as example sentences. While our analysis excluded words that are especially likely to appear in example sentences (such as “woman” and “father”), such words could have still influenced our results to some extent.

    Most importantly, our results run the risk of perpetuating potentially harmful stereotypes if taken at face value. So we urge caution and respect while using the tool. The concepts it lists for any given language provide, at best, a crude reflection of the cultures associated with that language.

    Charles Kemp was supported by a Future Fellowship (FT190100200) awarded by the Australian Research Council.

    Temuulen Khishigsuren was supported by a Future Fellowship (FT190100200) awarded by the Australian Research Council.

    Ekaterina Vylomova and Terry Regier do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Do Inuit languages really have many words for snow? The most interesting finds from our study of 616 languages – https://theconversation.com/do-inuit-languages-really-have-many-words-for-snow-the-most-interesting-finds-from-our-study-of-616-languages-252522

    MIL OSI – Global Reports –

  • MIL-OSI Global: Companies will still face pressure to manage for climate change, even as government rolls back US climate policy

    Source: The Conversation – USA – By Ethan I. Thorpe, Fellow at Private Climate Governance Lab, Vanderbilt University

    Amazon partnered with Dominion Energy to build solar farms in Virginia to power its cloud-computing service. Drew Angerer/Getty Images

    As the federal government moves to eliminate U.S. climate rules, companies still face pressure to be better stewards of the planet from their customers, investors, employees, local communities, lenders, insurers, global trading partners and many states.

    Each of those groups knows it will face increasing costs from rising temperatures and extreme weather if corporations don’t rein in their greenhouse gas emissions.

    Many companies will find that returning to past polluting ways isn’t in their best interest. Over 60% of chief financial officers surveyed by global management firm Kearney in December 2024 signaled that they intended to invest at least 2% of their revenue in sustainability in 2025.

    These companies may maintain a low profile about climate change while the Trump administration is in power, but they have strong financial incentives to continue to reduce their emissions and their own climate risks.

    We study private environmental governance – the ways companies and organizations work outside government to improve the nation’s sustainability and reduce environmental damage. Our work finds that, in this polarized era, addressing climate and sustainability challenges is not just a matter of government action. That’s because a lot of climate and sustainability progress is underway in the private sector.

    Sustainability matters to companies’ bottom lines

    Businesses have used climate and sustainability initiatives for years to make their operations and supply chains more efficient and to reduce their long-term costs.

    When McDonald’s faced public pressure to reduce waste in the late 1980s, the company teamed up with the Environmental Defense Fund to analyze the problem. It was able to reduce its waste by 30% over the following decade, saving the company US$6 million a year. This early risk-taking by McDonald’s opened the door for other environmental groups to help businesses understand how to reduce their environmental impact, including emissions, while boosting the companies’ profitability.

    The shipping company Maersk expects to cut emissions and boost productivity at the same time with better logistics and low-emissions ships like this one, which runs on methanol.
    Axel Heimken/picture alliance via Getty Images

    Maersk, the logistics giant responsible for nearly a quarter of global shipping, has responded to pressure from its corporate customers with a plan to reduce carbon emissions by one-third from 2022 to 2030 and reach net-zero emissions by 2045. It expects the combination of low-emissions vessels and a more efficient delivery network with hubs and shuttles to help meet its climate goals while increasing productivity.

    Companies have also helped drive the expansion of renewable energy, motivated by the competitive economics of renewables and business opportunities. Facebook’s parent company Meta and Google invested nearly $2 billion in projects to provide renewable energy in the Tennessee Valley Authority service area, even though no government required them to do so. And major companies continued
    signing renewable energy power purchase agreements in 2025.

    Microsoft and Amazon are responding to massive new power demand by trying to locate data centers near existing nuclear power plants for cleaner energy supplies.

    Thousands of companies report emissions via private systems

    Another sign of companies’ continuing commitment to sustainability is how many of them measure and report their greenhouse gas emissions even when governments do not require them to do so.

    Nearly 25,000 companies representing two-thirds of total global market capitalization and 85% of the S&P 500 report their emissions to the nonprofit CDP. Disclosing emissions is like keeping a fitness journal with a personal trainer. It helps a company track its progress and plan for future financial and environmental risks. More than 12,500 small- and medium-size companies also disclosed emissions to CDP in 2024.

    Many of these companies were initially motivated by pressure from environmental groups or corporate customers. Today, they have more reason to continue paying attention to emissions.

    California has its own formal reporting requirements designed to encourage companies to reduce their greenhouse gas emissions. And other states are considering setting climate disclosure rules. The Trump administration has promised to challenge them, and announced that it also plans to cut federal greenhouse gas reporting standards, but companies will likely still face reporting rules in the future.

    The European Union also approved reporting requirements. It delayed their start date in April 2025 to give companies more time to comply.

    Cleaner supply chains can also be more efficient

    Managing supply chains with climate and environmental risks in mind can also help businesses increase their efficiency and reduce the risk that climate change will disrupt their operations.

    The supply chain is the largest source of the average company’s emissions and may be particularly vulnerable to climate shocks. A storm can easily disrupt vital production or shipping, and droughts or heat waves can damage crops, stop work and increase costs. Companies estimate climate-related supply chain risks at $162 billion, nearly three times the cost of mitigating those risks. Many companies therefore have incentives to reduce emissions and their exposure to related hazards.

    Nearly 80% of the largest companies across seven global economic sectors had set environmental requirements for suppliers within their value chains as of 2023. These requirements include reporting carbon emissions, reducing emissions and using sustainable forestry practices.

    Walmart eliminated 1 billion tons of carbon emissions from its supply chain in less than seven years by sharing its expertise with suppliers and working with them to reduce their emissions. Walmart’s global director of sustainable retail noted in 2024 that the effort made its suppliers more efficient, too.

    Keeping employees and customers happy

    Companies also face pressure from average people − both employees and customers.

    More than two-thirds of Americans support action to address climate change. Even companies that are not consumer-facing need retail customer and employee support. Pro-climate actions have been found to improve employee and customer loyalty.

    The outdoor clothing company Patagonia ranked third out of over 300 brands in a 2024 customer experience survey, in part because of its reputation for sustainable practices. Many of the over 10,000 respondents cited the company’s sustainable practices as the leading reason for their support.

    Many companies also face pressure from lenders and insurers who want to reduce climate risks to their own bottom lines. Dozens of insurers have committed to ending or restricting underwriting for new fossil fuel projects. Others use incentives, such as lower premiums for companies that reduce emissions or invest in climate adaptation.

    Climate change may accelerate the current 5% to 7% annual increase in insured losses, according to estimates from insurer Swiss Re. That has led some insurance leaders to recommend insurance companies take bigger steps to reduce emissions through their investments and policy underwriting.

    Private climate governance can help buy time

    Media attention and interest group advocacy is often focused on government actions, but decisions made in boardrooms and through initiatives with nonprofits have created an important kind of private climate governance.

    As companies respond to their own economic risks and incentives, they help buy time to avoid the worst impacts of climate change until the political system recognizes the financial risks posed to the entire country.

    Zdravka Tzankova receives funding from the National Science Foundation.

    Ethan I. Thorpe and Michael Vandenbergh do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Companies will still face pressure to manage for climate change, even as government rolls back US climate policy – https://theconversation.com/companies-will-still-face-pressure-to-manage-for-climate-change-even-as-government-rolls-back-us-climate-policy-251580

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Deteriorating Human Rights situation in Georgia: Joint Statement to the OSCE, April 2025.

    Source: United Kingdom – Government Statements

    Speech

    Deteriorating Human Rights situation in Georgia: Joint Statement to the OSCE, April 2025.

    UK and other OSCE participating States express concern over the deteriorating human rights situation and call on Georgia to open an inclusive dialogue with political parties, civil society and the OSCE institutions.

    Thank you, Madam Chair,  

    I am delivering this statement on behalf of  Albania, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxemburg, Malta, Montenegro, the Netherlands, North Macedonia, Norway, Poland, Portugal, Moldova, Romania, Slovenia, Spain, Sweden, Switzerland, the United Kingdom, Ukraine and my own country, Germany.  

    As OSCE participating States, we have committed to upholding and defending fundamental human rights, democracy, and the rule of law—not only within our own borders, but across our shared OSCE region. This commitment carries a responsibility: to hold each other accountable when we witness signs of democratic backsliding. 

    It is in this spirit that we express again our deep concern over the deteriorating human rights situation in Georgia. Since our last discussion in February, we have regretfully witnessed Georgian authorities taking further steps away from their democratic and human rights commitments. 

    Madam Chair,  

    Our main concerns are threefold: the legislative restriction of civic space, the targeting of independent media, and the continued lack of accountability for excessive use of force by police, the use of indiscriminate violence by unidentified groups against peaceful protesters as well as unnecessarily long pre-trial detention periods and the reported ill-treatment of those in pre-trial detention. 

    The Foreign Agents Registration Act requires all individuals and organisations receiving foreign funding to register as so-called “Foreign Agents,” with financial sanctions and criminal penalties imposed on those who refuse. We share ODIHR’s concern that “this law, along with other recent legislative initiatives, could further curtail the activities of civil society organizations and human rights defenders by removing the safeguards needed for them to carry out their work”. This law lacks the legal safeguards that prevent civil society, media and private individuals from being branded as instruments of foreign influence based solely on funding sources, which strongly suggests that this law is not about transparency, but about suppressing dissent and tightening the grip on civil society. This is of particular concern in view of the upcoming local elections.  

    We are also closely monitoring recent amendments to Georgia’s electoral legislation. It is essential that any changes to the electoral framework enhance transparency and public trust, and that reforms are developed through inclusive dialogue and in line with OSCE commitments. Relatedly, we are concerned about legislative amendments undermining freedom of peaceful assembly, including the amendments to the Criminal and Administrative Offences Codes and the Law on Assemblies and Manifestations. The amendments undermine the principle of equal suffrage and restrict freedom of assembly, as stated in relevant ODIHR’s and Venice Commission latest opinions. We urge the Georgian authorities to implement their recommendations.  

    Madam Chair,  

    We are alarmed by the escalating threats and intimidation faced by journalists in Georgia. The Public Defender’s 2024 Human Rights Report highlights a significant decline in media freedom, exacerbated by restrictive laws—such as the recent amendments to the Law on Broadcasting—and growing hostility toward journalists. 

    Notably, there have been incidents where journalists were being targeted by police while covering protests, including physical assaults and equipment seizures. Furthermore, reports of targeting journalists in exile and negative rhetoric from high-ranking officials and politicians have further eroded media freedom and increased risks for journalists. 

    We call for the immediate cessation of these practices and the immediate release of all arbitrarily detained journalists, including Mzia Amaghlobeli, who remains in detention on charges of up to 7 years in prison. 

    Finally, we remain deeply troubled by the persistent lack of accountability for police violence. We have seen no evidence of credible efforts by the Georgian authorities to investigate reports of disproportionate use of force against peaceful protesters, arbitrary detentions, excessive over-reliance on long pre-trial detention periods, and mistreatment of detainees. 

    We call on the Georgian authorities to take immediate action to protect the rights of those exercising their fundamental freedoms and to conduct a thorough investigation of the use of police force during peaceful protests since 28 November 2024 in order to hold those responsible for human rights violations to account. Failure to do so further undermines public trust in Georgia’s institutions. 

    Madam Chair, 

    Despite repeated statements by Georgia reaffirming their commitment to dialogue and the OSCE principles and commitments, we have yet to see any concrete and genuine steps toward meaningful engagement. Instead, recent actions by the Georgian authorities have moved Georgia further away from democracy. We call on the Georgian authorities to open an inclusive dialogue with all political parties and civil society organisations in order to find peaceful and democratic solutions to the ongoing crisis. 

    We welcome recent statements by ODIHR and RFoM and strongly urge Georgia to continue to constructively engage with OSCE institutions and make use of their expertise. As fellow OSCE participating States, we will explore all available tools and mechanisms within the OSCE context going forward. In this spirit, we call on Georgian authorities to implement recommendations by ODIHR with regard to the upcoming elections. 

    Our unwavering commitment to Georgia’s sovereignty and territorial integrity remains unchanged. We stand steadfast in our support for the Georgian people and their pursuit of a democratic, stable and European future, and we remain ready to work with Georgia to ensure it upholds its international obligations and ensures that human rights and fundamental freedoms are fully respected.​

    Updates to this page

    Published 11 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: Medium-range ground-based air defence: armasuisse tested new radar to strengthen defence capability

    Source: Switzerland – Department of Defence, Civil Protection and Sport

    Between 31 March and 11 April 2025, the Federal Office for Defence Procurement armasuisse tested the TRML-4D sensor (radar) for the new medium-range ground-based air defence system in cooperation with the Swiss Armed Forces. A further step in the procurement process was achieved with the testing. The properties of the radar were tested in the specific Swiss topography and various investigations on frequency compatibility with civilian systems such as the weather radar were carried out. Testing took place alternately at the federally-owned “Homberg” and at the site of the Emmen aerodrome.

    MIL OSI Europe News –

  • MIL-OSI: Trifork secures landmark project to transform Oman’s healthcare system

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Trifork secures landmark project to transform Oman’s healthcare system

    Muscat, 11 April 2025 – The Ministry of Health in Oman has selected Trifork to develop a state-of-the-art Revenue Cycle Management (RCM) system while integrating with the National Health Information Exchange (NHER), which in parallel will be upgraded by Trifork during the project. This project represents a significant milestone in modernizing Oman’s healthcare system in alignment with Oman Vision 2040.

    After a competitive bidding process involving six contenders, Trifork was selected for its more than 20 years of expertise in Digital Health, which has been demonstrated through successful projects in Switzerland and Denmark and its strong international profile.

    Strengthening Oman’s healthcare system

    The project aims to upgrade Oman’s healthcare systems. The benefits of the new system include improved cost recovery, allowing government providers to reclaim insurance companies’ expenses more efficiently, faster claims processing, and reduced waiting times for patients at Ministry of Health facilities, which are key steps toward a more patient-focused healthcare experience.

    Key phases and deliverables

    The project is structured into phases, with gradual implementation over two years. The initial proof of concept will be completed in six months, followed by a gradual implementation of core functionalities, ensuring that the benefits of the solutions are implemented as soon as possible.

    These milestones align with the Ministry of Health’s digitalization strategy, which focuses on enhancing healthcare efficiency, data-driven decision-making, and seamless patient care through advanced technology. They also support Oman Vision 2040’s broader goals of leveraging digital transformation to improve public services, strengthen healthcare infrastructure, and drive sustainable national development.

    Strategic partnership

    Trifork Oman brings invaluable expertise from similar engagements across Europe to the project. By integrating advanced solutions and leveraging global best practices, the company will deliver a tailored system that meets the unique needs of Oman’s healthcare ecosystem.

    The Ministry of Health in Oman oversees 263 health institutions, including 50 hospitals (4,954 beds), 21 health complexes, and 192 health centers. In 2022, they recorded 14.9 million outpatient visits – about 41,000 daily. Serving over 5 million people, the ministry prioritizes accessible, high-quality care and advances digital transformation under Oman’s Vision 2040.

    Commitment to innovation in Oman

    “This contract represents a major milestone for Trifork Oman in our ambition to contribute to the Sultanate’s goals for digital transformation and innovation. We are honored to use our strong expertise in digital health to contribute to the ongoing innovation in Oman’s healthcare sector and see this as the start of a long partnership,” says Christian Hemmingsen, CEO of Trifork Oman.

    Investor and media contact

    Frederik Svanholm
    Group Investment Director, Head of IR & PR
    frsv@trifork.com, +41 79 357 7317


    About Trifork

    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI China: 2025 Crabapple Gala celebrates blossoming global friendship

    Source: China State Council Information Office 3

    The 2025 Crabapple Gala and Crabapple Poetry Party, sponsored by the China Soong Ching Ling Foundation (SCLF) and supported by the Xicheng District People’s Government of Beijing Municipality, were held at the Former Residence of Soong Ching Ling in Beijing on April 7.

    Ambassadors and representatives of international organizations from over 40 countries, alongside more than 200 attendees, including officials from the Ministry of Foreign Affairs and the International Department of the Central Committee of the Communist Party of China (CPC), participated in the event to celebrate cultural exchanges and global friendship.

    Guests attend the 2025 Crabapple Gala and Crabapple Poetry Party at the Former Residence of Soong Ching Ling, Beijing, April 7, 2025. [Photo courtesy of China Soong Ching Ling Foundation]

    Li Bin, chairperson of the SCLF, emphasized the role of the annual event in promoting cultural exchange. She noted that the event brought together international and domestic guests to enjoy the flowers, while appreciating the charm of Chinese culture and the vibrant cultures of different countries.

    “The China Soong Ching Ling Foundation is committed to strengthening communication, expanding cooperation and advancing cultural exchanges,” she said. “We aim to facilitate people-to-people connections and contribute to the development of national relations, ultimately working toward building a community with a shared future for mankind.”

    Jürg Burri, ambassador of Switzerland to China, stated in his speech that the event embodies openness, inclusiveness, mutual respect and friendship between countries and peoples.

    He highlighted that this year marks the 75th anniversary of diplomatic relations between China and Switzerland, and noted that his country is always willing to be China’s preferred partner and its gateway to the European market. 

    Artist Ding Jie, SCLF chairperson Li Bin and Swiss ambassador Jürg Burri, pose for a photo on stage at the opening of the event, Beijing, April 7, 2025. [Photo courtesy of China Soong Ching Ling Foundation]

    Other foreign guests in attendance also praised the event as well as the contributions made by Soong Ching Ling and the foundation.

    “The planning, setting and presentation are all fantastic,” said Pakistani Ambassador to China Khalil Ur Rahman Hashmi, when speaking about the event. He further elaborated on the importance of the poetry aspect, explaining that it showcased the diversity of language, expressions and emotions, and highlighted its role in bringing people together and enhancing understanding.

    Beate Trankmann, resident representative of UNDP China, commended Soong Ching Ling’s advocacy for women’s participation in social and political life.

    “I think her mission in life remains very important, especially in this time and age, in a tech-dominated world,” Trankmann noted.

    This year’s Crabapple Gala also featured interactive activities showcasing China’s traditional culture and intangible cultural heritage, including calligraphy, painting, tea art and dough figure-making. With flowers as a symbol, foreign guests gathered to celebrate the legacy of traditional Chinese culture, strengthen cultural exchange and build lasting friendships across borders.

    Foreign guests watch dough figure-making at the 2025 Crabapple Gala, Beijing, April 7, 2025. [Photo courtesy of China Soong Ching Ling Foundation]

    A foreign guest posts customized postcards at the 2025 Crabapple Gala, Beijing, April 7, 2025. [Photo courtesy of China Soong Ching Ling Foundation]

    MIL OSI China News –

  • MIL-OSI: SEALCOIN Demonstrates Satellite-Enabled IoT Transactions Using WISeSat LEO Constellation

    Source: GlobeNewswire (MIL-OSI)

    SEALCOIN Demonstrates Satellite-Enabled IoT Transactions Using WISeSat LEO Constellation

    Pushing the Frontiers of IoT with Secure, Decentralized Microtransactions Beyond Terrestrial Limits

    Geneva, Switzerland, April 11, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announced that its subsidiary SEALCOIN AG, unveiled a groundbreaking Proof of Concept (PoC) that illustrates the Company’s ability to integrate with remote IoT devices through satellite communications. Leveraging the WISeSat Low Earth Orbit (LEO) constellation and the FOSSA IoT platform, this milestone marks a major step toward SEALCOIN’s vision for a decentralized, transactional IoT that transcends terrestrial infrastructure.

    Built on WISeKey’s satellite infrastructure, the PoC enables microtransaction-driven data exchanges between fully off-the-grid IoT devices, with each data set cryptographically signed at the source device for integrity and trust.

    The architecture operates as follows:

    • Device-to-Device Exchange via Satellite: A request for data is initiated by one IoT device and fulfilled by another using SEALCOIN as the value exchange layer.
    • REST API Integration with WISeSat via FOSSA: The responding device acts as a bridge to the WISeSat network through a REST API, retrieving data from the satellite-linked database, which has been securely signed by the source device.
    • Blockchain Settlement via SEALCOIN on Hedera: Each exchange is recorded and settled securely and efficiently via the SEALCOIN token on the Hedera network.

    This PoC proves the feasibility of executing secure, decentralized, satellite-enabled data transactions between machines in geographically isolated or infrastructure-deficient environments. The implications for smart agriculture, environmental monitoring, autonomous logistics, and defense applications are immense, setting the stage for a new wave of use cases previously unimaginable.

    This is the first iteration of SEALCOIN’s satellite integration roadmap. Looking ahead, the project will focus on embedding SEALCOIN capabilities directly within satellites, secured at the silicon level using Secure Element technology. This foundational step will enable future “Satellite-as-a-Service” business models, where spaceborne infrastructure autonomously participates in decentralized economies.

    “Our goal with SEALCOIN has always been to make transactional IoT borderless, scalable, and secure,” said Carlos Moreira, CEO of WISeKey Group. “With this demo, we’ve not only expanded that vision into space but opened doors to solutions for regions with no cellular or terrestrial coverage”.

    SEALCOIN’s architecture is inherently modular, supporting a plug-and-play approach to new types of sensors and satellite operators, further enhancing its potential for global deployment.

    This is just the beginning of a bold trajectory toward true device-to-device economies, decentralized, autonomous, and resilient by design.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

    The MIL Network –