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Category: Transport

  • MIL-OSI: American Rebel Light Beer Strategic Expansion Continues Full Throttle and Expands into Indiana with Premier Beverage Distributor Zink Distributing

    Source: GlobeNewswire (MIL-OSI)

    New Indiana Distribution Deal Supercharges Midwest Reach – Strengthening Footprint in Key Border States and Reinforcing Growth Trajectory for 2025

    Nashville, TN, May 07, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Light Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), is expanding into Indiana through its newest distribution agreement with Zink Distributing (zinkdistributing.com), a premier beverage distributor serving 14 central Indiana counties in their entirety and the northern parts of two additional counties, including Indianapolis. This collaboration is yet another step in expanding American Rebel’s rapidly growing distribution network and its mission to fuel hard-working, freedom-loving Hoosiers with great American-made beer.

    “We believe in America – we believe in faith, family, and freedom. That’s what American Rebel Light stands for,” said Todd Porter, President of American Rebel Beverage. “Bringing our beer to Indiana with Zink Distributing means more Americans can raise a glass to our shared values. With their expertise, infrastructure and extensive network, we’re confident that American Rebel Light will thrive in Indiana as we continue expanding across this great nation.”

    Jim Zink, Jr., President of Zink Distributing Company, echoed that enthusiasm, stating: “Zink Distributing is proud of its portfolio of great-tasting, high-quality products, and we are thrilled to partner with American Rebel Beverage. We look forward to introducing Hoosiers to American Rebel Light, a perfect addition to our offerings in Indiana.”

    Zink Distributing has built a reputation for excellence, representing some of the most well-respected beverage brands in the industry. Their dedication to quality, strong retail partnerships, and deep understanding of the market makes them the ideal distributor to bring America’s Patriotic Beer to the heartland. Zink Distributing’s state-of-the-art 136,000 square foot facility and upgraded fleet of tractor trailers ensures availability and product freshness for its customers.

    “Adding Indiana to our list of states that distribute American Rebel Light is great for many reasons,” said American Rebel CEO Andy Ross. “#1, it’s a great motorsports state; #2, Indiana borders Ohio and Kentucky, two states we’re already enjoying tremendous success in and success in Indiana should be no different and #3, there will be numerous opportunities for promotional events in Indiana to support the Rebel Light rollout. I’m looking forward to working with Jim Zink, Jr. and the Zink Distributing team to introduce America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer.”

    Rapid Top Tier Distribution Growth Continues for America’s Fastest Growing Beer

    Since its launch in September 2024, American Rebel Light Beer has been growing at a rapid pace, establishing a presence in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Mississippi, Florida and now Indiana! This latest partnership with Zink Distributing further solidifies American Rebel’s commitment to bringing high-quality, patriotic beer to the people who live and breathe the American dream.

    Rebel Light: All Natural, Crisp, Clean, Bold, “Better for me” Beer for a Balanced Lifestyle
    American Rebel Light is a proudly American-made premium domestic light lager, delivering a crisp, clean, and bold taste with a lighter feel. Created with all-natural ingredients and NO added sweeteners like corn or rice, it offers a refreshing balance of flavor with 110 calories, 3.2 carbohydrates, and 4.3% ABV per 12 oz serving. Whether it’s backyard barbecues, tailgates, or saluting our great nation, American Rebel Light is brewed for the bold, the free, and the proud.

    For more information about American Rebel Light and its new partnership with Zink Distributing, visit americanrebelbeer.com or follow us on social media (@AmericanRebelBeer).

    About American Rebel Light

    American Rebel Light isn’t just a beer – it’s a statement. A toast to freedom, a salute to hard-working Americans, and a bold declaration of our patriotic values – America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer. Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a premium domestic light lager celebrated for its exceptional quality and patriotic appeal.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers. For more information follow American Rebel Beer on all social media platforms (@americanrebelbeer).

    About Zink Distributing

    Zink Distributing, established in 2001, is the exclusive distributor of great-tasting, high-quality products in all or part of 16 counties in Indiana, including Indianapolis. These counties include Marion, Fayette, Hancock, Rush, Hendricks, Morgan, Montgomery, Vermillion, Parke, Putnam, Vigo, Clay, Sullivan, Greene and northern Johnson and Owen. The mission of the company is to exceed the expectations of its customers through excellent service and attention to detail. For more information on Zink Distributing, go to zinkdistributing.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebel.com and americanrebelbeer.com. For investor information, visit americanrebelbeer.com/investor-relations.

    American Rebel Holdings, Inc.

    info@americanrebel.com
    ir@americanrebel.com
    Media Contact:

    Matt Sheldon
    Matt@PrecisionPR.co

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our strategic planning, marketing outreach efforts, actual placement timing and availability of American Rebel Beer, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    • American Rebel Holdings Inc

    The MIL Network –

    May 8, 2025
  • MIL-OSI: Arax Recognizes Partner Firms Named on USA Today’s List of Best Financial Advisory Firms 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Arax Investment Partners (“Arax”), a premier wealth and asset management platform company backed by RedBird Capital Partners (“RedBird”), today celebrates the inclusion of partner firms Ashton Thomas Private Wealth (“Ashton Thomas” or “ATPW”), U.S. Capital Wealth (“USCW”) and SRS Capital Advisors (n.k.a. “Arax Advisory Partners”) on USA Today’s list of Best Financial Advisory Firms 2025.

    Key highlights include:

    • Ashton Thomas Private Wealth was named one of the Top 10 Best Financial Advisory Firms in the United States and ranked second nationally in its assets under management (“AUM”) subcategory.
    • U.S. Capital Wealth was ranked one of the top three RIAs in Texas in its AUM subcategory.
    • SRS Capital Advisors was ranked one of the top two RIAs in Colorado.
    • Platform-wide, all Arax firms ranked in the top 20% of the 500 named on the list, selected from a pool of over 17,000 firms evaluated nationally.

    “We’re pleased to recognize the accomplishments of our partner firms over the past year as we advance our boutique strategy,” said Haig Ariyan, Chief Executive Officer of Arax Investment Partners. “We are joining forces with the best in wealth management to pursue expansive growth across our platform, and the industry is taking notice. I am very proud of our teams and look forward to continuing our work together.”

    This year’s accolades follow a period of significant growth for Arax, driven by the firm’s differentiated approach to capitalizing on opportunities within the fragmented investment advisory space. By partnering with leading independent wealth management providers and financial advisory teams, Arax delivers the resources necessary to scale business development, pursue complementary investment opportunities, and elevate the client experience. Today, Arax has established a nationwide presence, with a platform that supports more than $26 billion in AUM/A.

    USA Today awards spots on the list to the top performing registered investment advisory firms in the United States. The ranking is based on recommendations from financial advisors, clients and industry experts, and each firm’s development of assets under management (“AUM”). In partnership with Statista, recommendations were collected through an independent survey of over 30,000 individuals, and short-term (12 month) and long-term (five years) AUM development were analyzed using publicly available data. This year, USA Today and Statista included asset-based subgroupings to allow for comparison of firms of similar sizes.

    About Arax Investment Partners
    Arax Investment Partners is a rapidly growing boutique wealth management platform making strategic control investments in leading RIAs and elite advisor teams. Founded and led by CEO Haig Ariyan — a seasoned industry executive with a distinguished track record of building and scaling wealth management businesses — Arax empowers its partners to be entrepreneurial and focus on delivering exceptional client service. Firms benefit from a management team with deep M&A expertise, capital sourcing capabilities, and the backing of RedBird Capital Partners. For more information, visit www.araxpartners.com.

    About Ashton Thomas Private Wealth
    Ashton Thomas is a diversified financial services firm committed to a culture of excellence, integrity, and respect in every aspect of its business. Through its various entities listed below, Ashton Thomas serves foundations, businesses, and affluent individuals and families by providing a range of services which include fee-based financial planning and investment portfolio management, retirement plan consulting, securities brokerage, life and health insurance, and income tax preparation. The firm also strives to remain at the forefront of technological innovation and thought leadership within the financial services industry.

    Ashton Thomas Private Wealth, LLC, (“ATPW”), founded in 2010, and Ashton Thomas Advisors, LLC (“ATA”), founded in 2024, are SEC-registered investment advisers which provide fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Securities, LLC, (“ATS”) is a dually registered entity. ATS registered with FINRA as a broker-dealer in 1984 and provides securities brokerage services. ATS became an SEC-registered investment adviser in 2008 and provides fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Insurance Agency, LLC, (“ATIA”) provides life and health insurance brokerage services. ATIA also provides income tax services through its DBA, Ashton Thomas Tax Advisory. Representatives of the entities listed may only conduct business for which they are licensed, if required, and with residents of the states and jurisdictions in which they are properly registered and/or licensed.

    About U.S. Capital Wealth, LLC
    Headquartered in Houston, Texas, with a strategic Texas presence across Austin, Dallas, and Georgetown, as well as offices in New York City, Massachusetts, and Florida, U.S. Capital Wealth LLC (“USCW”) is a premier independent, full-platform Registered Investment Advisor dedicated to delivering institutional-quality financial solutions with the personalized service of a boutique firm.

    Founded in 2010, USCW was created to empower clients with access to a comprehensive wealth management experience. As a full-platform RIA, USCW offers the best of both worlds — integrating brokerage and advisory capabilities to deliver flexible solutions tailored to each client’s needs. Clients benefit from the capabilities of a large financial institution, while maintaining the personalized, high-touch approach of a boutique advisory firm.

    USCW’s team of seasoned financial professionals brings decades of institutional experience to help clients navigate complexity with clarity and confidence.

    USCW serves distinguished clientele, including high-net-worth and ultra-high-net-worth families, business owners, specialized industry professionals, institutions, and municipalities. Comprehensive offerings span investment management, risk mitigation, lending solutions, and fully integrated family office services — all tailored to each client’s unique goals. To learn more, please visit: https://uscwealth.com.

    About Arax Advisory Partners
    Formerly known as SRS Capital Advisors, Inc., Arax Advisory Partners is a privately owned, independent Registered Investment Advisor specializing in customized investment platforms and highly sophisticated wealth planning solutions for high-net-worth families and individuals, businesses, and foundations. Founded in 2004, Arax Advisory Partners’ unique integrated and comprehensive approach provides the highest possible level of client service to establish lasting partnerships with all their clients while combining comprehensive asset management with leading edge financial planning services. Arax Advisory Partners is headquartered in Denver, CO with offices in Pittsburgh, PA and Philadelphia, PA.

    About RedBird Capital Partners
    RedBird Capital Partners is a private investment firm that builds high-growth companies with strategic capital solutions to founders and entrepreneurs. The firm currently manages $12 billion in assets on behalf of a global group of blue chip institutional and family office investors. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on three core industry verticals – Financial Services, Sports and Media & Entertainment. Over his 30-year investment career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic growth companies in their respective industries. For more information, please go to www.redbirdcap.com.

    Media Contact:

    Dan Gagnier
    Gagnier Communications
    RedBird@gagnierfc.com

    The MIL Network –

    May 8, 2025
  • MIL-OSI: Households with Children Emerge as Power Users of the Gig Economy

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) — While gig economy services are popular with American consumers overall, households with children have emerged as power users. This cohort reports using gig services on a weekly basis at an overall rate nearly 50% higher than households without children.

    More telling, 23% of households with children spend $500 or more per month on ridesharing, food delivery and other gig services, a rate almost five times higher than households without children—just 5% of which spend that amount each month. These findings and more are available in TransUnion’s (NYSE: TRU) 2025 Gig Economy Consumer Report.

    “Given how much families have to balance in their day-to-day, it’s no surprise that they have come to rely on the convenience of gig economy services,” said Cecilia Seiden, VP of TransUnion’s Communities and Marketplaces business. “TransUnion’s research provides some essential insights for how platforms can better engage this key segment.”

    Gig economy services used once or more per week by U.S. households
     
      Food Delivery Grocery/Retail
    Delivery
    Ride
    Share
    Online
    Freelancer
    Vehicle
    Share
    In-person
    Contractor
    With
    Children
    61% 54% 53% 39% 38% 31%
    Without
    Children
    40% 33% 36% 19% 21% 15%
     

    While households with children generally outpace those without children in their use of gig services, the difference was even more pronounced for emerging gig services, such as digital freelancing or in-person contract work (inclusive of home services and caregiving), where households with children were twice as likely to be weekly users.

    In-person contracting work comprises services like babysitting, dog walking and furniture assembly. Digital freelancing services include app building, web design, presentation design, etc. The amount of consumers using digital freelancing services suggests that, while some may be engaging workers to help with their small business needs, the majority may be outsourcing parts of their day jobs.

    Related, households with children were much more likely than households without children to cite the wide selection of providers (43% vs. 25%) and ease of finding the service they need (51% vs. 40%) as a reason for using these services. 

    The report also found that households with children prioritized promotions and loyalty programs when selecting a service. Gig platforms can differentiate themselves by running attractive promotions that enhance consumer satisfaction and build long-term loyalty. 

    Trust and safety

    If loyalty programs and promotions are among the best ways to attract and retain customers, breaches of trust and safety are likely the fastest ways to lose them. While 83% of respondents said they were satisfied with the trust and safety features available, more than half said they would stop using a platform if they were scammed, felt physically threatened, or had their account compromised.

    The report found nearly 4 out of 10 users are worried about encountering fraud or scams. When asked which steps platforms can take to reduce fraud and scams, 67% of users said verification of worker identity. Conducting background checks (58%) and utilizing biometrics (58%) to confirm that verified gig workers are the ones performing the services were also popular. 

    “Users understand that a certain amount of friction is necessary to keep people safe,” said Seiden. “Platforms that employ identity-based fraud protections can much more effectively strike the right balance necessary for a seamless and safe customer experience.”

    Learn more about TransUnion’s identity-based products, including TruAudience® marketing solutions and TruValidate™ fraud solutions.

    Read the full 2025 Spring Gig Economy Consumer Report.

    Research Methodology
    This online survey of 1,051 adults was conducted in February 2025 by TransUnion in partnership with third-party research provider Toluna. Participants included current and past consumers of gig economy services. All U.S. regions are represented in the study survey responses. These research results are unweighted and statistically significant at a 95% confidence level within ±3 percentage points based on calculated error margin. Please note some chart percentages may not add up to 100% due to rounding or multiple answers being accepted.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact Dave Blumberg
    TransUnion
    E-mail david.blumberg@transunion.com
    Telephone 312-972-6646

    The MIL Network –

    May 8, 2025
  • MIL-OSI: KVH Launches CommBox Edge Secure Suite for Advanced Cybersecurity Threat Detection & Response

    Source: GlobeNewswire (MIL-OSI)

    MIDDLETOWN, R.I., May 07, 2025 (GLOBE NEWSWIRE) — Today, KVH Industries, Inc. (Nasdaq: KVHI) unveiled the newest expansion to its CommBox™ Edge Communications Gateway–the Secure Suite threat detection and response service. Focused on detecting, preventing, and reporting cybersecurity threats, CommBox Edge Secure Suite actively identifies and blocks harmful traffic in real time to reduce the risks to vessel communications, operations, and network security. Secure Suite is fully compatible with both the CommBox Edge 6 and Edge 2 belowdeck appliances and the CommBox Edge virtual machine option, making it an easy-to-use and versatile cybersecurity upgrade to the CommBox Edge’s robust network and bandwidth management capabilities.

    “The modern commercial vessel is an extension of the corporate office–a mobile, connected network node that can face the threat of malicious cyber activities that put people, cargo, vessels, and business operations at risk,” observed Chad Impey, KVH’s senior vice president of global sales. “CommBox Edge Secure Suite is designed for rapid, easy, and affordable deployment while delivering advanced detection, prevention, and reporting capabilities. Combined with the CommBox Edge network and bandwidth management capabilities, Secure Suite delivers enhanced security for individual vessels and entire fleets while simultaneously maximizing your IT team’s resources and optimizing your communications.”

    CommBox Edge Secure Suite employs some of the most advanced cybersecurity and proactive monitoring technology available, including:

    • Cisco Talos, one of the world’s most advanced threat-blocking and detection solutions, focuses on emerging and existing cyber threats, enabling CommBox Edge Secure Suite to recognize and respond to new threat IDs and threat patterns.
    • Cisco Snort monitors, analyzes, and responds to malicious network traffic in real time using Cisco Talos rulesets, helping CommBox Edge Secure Suite identify and mitigate potential security threats.

    Secure Suite also includes a robust Intrusion Prevention System (IPS), active quarantine capabilities, and an intuitive cloud-based Threat Dashboard to reduce cyber risks to vessels, networks, and crews. The service helps mitigate those risks as part of a comprehensive network and onboard cybersecurity solution focused on:

    • Detection – The CommBox Edge Secure Suite IPS monitors incoming and outgoing traffic for suspicious patterns or signatures that match known attack types (like malware, vulnerabilities, or exploits).
    • Prevention – The IPS responds in real time to malicious actions by blocking harmful traffic (e.g., malware, viruses, denial of service, ping of death, etc.), resetting connections, adjusting firewalls, initiating quarantines, and sending alerts to administrators.
    • Reporting – Secure Suite includes an intuitive cloud-based Threat Dashboard. Also, it captures and reports detailed threat logs (including syslogs/rsyslogs) to an offsite Security Information and Event Management (SIEM) system or Security Operations Center (SOC) for future analysis and actionable insights.

    “With this data and Secure Suite’s advanced features, you can enable new proactive responses to threats, minimize recovery time, pass security audits, remain compliant with industry standards, and identify resource-intensive threats to ensure optimal network performance,” concluded Impey.

    Secure Suite is available now as a service option within CommBox Edge, KVH’s all-in-one management toolbox for maritime IT professionals who want to control the growing array of wide area network (WAN) options, such as the VSAT, low earth orbit (LEO) services, 5G cellular, and other services available through the KVH ONE® global network. CommBox Edge also supports as many as thirty onboard local area networks and provides secure remote access to any onboard networked device, high-speed VPN links, and deep packet inspection.

    Note to Editors: For more information about CommBox Edge, please visit https://www.kvh.com/edge. High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/imagelibrary.

    About KVH Industries, Inc.

    KVH Industries, Inc. is a global leader in maritime and mobile connectivity delivered via the KVH ONE network. The company, founded in 1982, is based in Middletown, RI, with research, development, and manufacturing operations in Middletown, RI, and more than a dozen offices around the globe. KVH provides connectivity solutions for commercial maritime, leisure marine, military/government, and land mobile applications on vessels and vehicles, including the TracNet®, TracPhone®, and TracVision® product lines, CommBox Edge, the KVH ONE OpenNet Program for non-KVH antennas, AgilePlans® Connectivity as a Service (CaaS), and the KVH Link crew wellbeing content service.

    This press release contains forward-looking statements that involve risks and uncertainties. For example, forward-looking statements include claims regarding the anticipated efficacy of cybersecurity features to minimize risks to networks, operations, and crews. These and other factors are discussed in more detail in KVH’s Annual Report on Form 10-K filed with the SEC on March 10, 2025. Copies are available through its Investor Relations department and website: https://investors.kvh.com. KVH does not assume any obligation to update our forward-looking statements to reflect new information and developments.

    KVH Industries, Inc., has used, registered, or applied to register its trademarks in the USA and other countries around the world, including but not limited to the following marks: KVH, KVH ONE, TracVision, TracPhone, TracNet, CommBox, and AgilePlans. Other trademarks are the property of their respective companies.

    For further information, please contact:
    Chris Watson
    Vice President, Marketing & Communications
    KVH Industries, Inc.
    Tel: +1 401 845 2441
    cwatson@kvh.com

    The MIL Network –

    May 8, 2025
  • MIL-OSI: Nametag Joins IDPro to Support the Future of Digital Identity

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, May 07, 2025 (GLOBE NEWSWIRE) — Nametag, the identity verification company on a mission to protect people’s accounts and foster trust in online interactions, today announced its sponsorship of IDPro®, a vibrant community of Identity & Access Management (IAM) practitioners. Nametag joins IDPro to support the dedicated people solving some of the most complex challenges in modern digital identity.

    Vendor-Neutral Community Empowers IAM Pros Building Digital Identity

    IDPro is a global professional association for people working in Identity & Access Management (IAM), digital identity, and cybersecurity. It provides vendor-neutral education through a continually updated Body of Knowledge, a globally recognized CIDPRO® (Certified Identity Professional) program, and a community that helps organizations and individuals grow their skills, build industry relationships, and provide a clear IAM career path.

    Generative AI, deepfakes, and nation state-backed infiltration campaigns are creating new challenges for IAM and cybersecurity experts. Today, it’s harder than ever to confidently verify that the users moving through enterprise systems are who they claim to be. As attackers find new ways to bypass outdated user authentication factors, identity verification (IDV) is increasingly being recognized as a critical foundation for establishing and maintaining trust in workforce identity environments.

    In this challenging environment, Nametag joins IDPro to support open dialogue, advance practitioner understanding, and help IAM and cybersecurity teams explore new use cases for identity verification.

    “I co-founded IDPro to help front-line security practitioners move beyond traditional approaches to user authentication. The advent of robust identity verification technology, particularly Nametag’s Deepfake Defense engine, represents a turning-point in the fight against identity fraud,” said Sarah Cecchetti, Co-founder of IDPro and Head of Product Strategy at Beyond Identity. “Nametag’s support of IDPro will provide a valuable resource for members exploring how they can leverage this powerful technology.”

    Others in the IDPro community also applaud Nametag’s innovation and collaborative ethos.

    “Staying ahead of today’s adversaries isn’t just about stronger technology solutions, it’s about stronger collaboration. That’s why IDPro is so important: it gives identity professionals a space to share what works, challenge assumptions, and raise the bar for everyone,” said Dean Saxe, Co-Chair of the FIDO Alliance Enterprise Deployment Working Group, Co-Chair of the IPSIE Working Group at the OpenID Foundation, and active IDPro member. “Nametag has consistently shown up with the kind of thoughtful innovation and information sharing that characterizes the IDPro community. I’m excited to see Nametag supporting IDPro and look forward to continued collaboration with their team.”

    “As identity verification and digital identity intertwine, we believe it’s critical that front-line practitioners take a central role in the development of these systems,” said Aaron Painter, CEO at Nametag. “IDPro is a passionate community of people who are setting the standards and creating the frameworks that will define the next generation of digital identity systems. We’re proud to support IDPro members to create the future of digital identity, where we believe the trust and assurance provided by Nametag’s Deepfake Defense identity verification will play a central role.”

    Learn more about IDPro and join the community at idpro.org.

    Learn more about Nametag’s technology and solutions at getnametag.com.

    About Nametag
    Nametag provides integrated identity verification and account protection solutions that prevent modern impersonation threats and streamline user experiences. Powered by Deepfake Defense™, Nametag detects and blocks sophisticated attacks which bypass other, outdated approaches to user verification, delivering the highest possible level of identity assurance. Nametag’s out-of-the-box solutions help enterprises secure their entire user account lifecycle, from onboarding through recovery, while ensuring compliance with the latest privacy standards. Security-conscious enterprises trust Nametag to protect their businesses and reduce IT and support costs. For more information, visit getnametag.com.

    Nametag Media Contact:
    press@nametag.co 

    The MIL Network –

    May 8, 2025
  • MIL-OSI: Bamboo Insurance Enhances Customer Experience and Reduces Costs with ManageMy Digital Document Delivery Platform

    Source: GlobeNewswire (MIL-OSI)

    CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) — Bamboo Insurance, a trailblazer in the insurance industry, is proud to announce its collaboration with ManageMy, a provider of digital insurance platforms, to transform document delivery processes and elevate customer satisfaction.

    Timely and efficient digital document delivery is paramount for insurance policyholders. As part of their ongoing commitment to enhance customer experience and significantly reduce operational costs, Bamboo Insurance has partnered with ManageMy to implement a state-of-the-art digital document delivery platform.

    With the ManageMy platform, Bamboo Insurance policyholders can now access their policy documents and communications through digital channels. Bamboo is committed to ensuring that their customers can instantly retrieve and review their insurance information from any device at their convenience.

    The importance of digital document delivery extends beyond convenience—it’s also a cost-saving measure for insurers. By enhancing digital delivery channels, Bamboo Insurance can eliminate the expenses associated with printing, postage, and manual processing of paper documents. This reduces overhead costs and aligns with Bamboo’s commitment to sustainability by minimizing paper usage and carbon footprint.

    “We’re thrilled to partner with ManageMy to enhance our document delivery processes and improve our overall customer experience,” said Matt Sigman, Chief Innovation & Information Officer of Bamboo Insurance. “By leveraging their innovative platform, we’re not only meeting the evolving needs of our policyholders but also driving significant cost savings for our organization.”

    “The partnership with Bamboo Insurance marks an exciting milestone for ManageMy as we continue to empower insurers with innovative digital solutions,” said Josh Hall, Head of P&C Sales for ManageMy. “Our platform is designed to enhance customer experiences and drive tangible cost savings for insurers. We’re thrilled to support Bamboo in their journey towards digital transformation.”

    ManageMy’s digital platform empowers insurers like Bamboo to streamline operations, reduce administrative burdens, and allocate resources more efficiently. With customizable solutions tailored to Bamboo’s specific needs, ManageMy enables Bamboo Insurance to optimize its document delivery processes while maintaining the highest security and compliance standards.

    About Bamboo Insurance:

    Bamboo Insurance is a growth-oriented insurance organization on a mission to deliver an easy and innovative insurance experience with an unwavering focus on customer advocacy. Bamboo uses data and technology to simplify the insurance process, while enhancing transparency for partners and policyholders. For more information on Bamboo Insurance, visit their site at www.bambooinsurance.com.

    Bamboo Ide8 Insurance Services (“Bamboo”) is Managing General Agency licensed to sell property-casualty insurance products; NPN 18657046.

    About ManageMy:

    ManageMy is the digital platform insurance carriers rely on to increase sales, reduce costs, and improve customer satisfaction. Built around a powerful no-code API, ManageMy integrates easily with existing core systems, giving carriers the flexibility to configure insurance workflows and digital experiences to their specific needs—improving conversion, accelerating risk assessment, and driving retention.

    ManageMy is purpose-built for carriers to meet rising expectations for seamless, digital-first experiences, without overhauling their core.

    For more information, please visit: https://managemy.com/

    The MIL Network –

    May 8, 2025
  • MIL-OSI: One Stop Systems Reports Q1 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    First quarter of 2025 consolidated gross margin increased 320 basis points year-over-year to 32.6%, on consolidated revenue of $12.3 million

    OSS segment gross margin of 45.5%, on OSS segment revenue of $5.2 million

    OSS segment experienced strong first-quarter bookings of $10.4 million

    Management continues to expect double-digit consolidated revenue growth in 2025 and consolidated EBITDA break even for the year

    ESCONDIDO, Calif., May 07, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML), autonomy and sensor processing at the edge, reported results for the three-month period ended March 31, 2025. Comparisons for the three-month periods are to the same year-ago periods unless otherwise noted.

    “Our OSS segment achieved strong bookings during the first quarter of 2025, driven by growing demand from both new and existing commercial and defense customers. This positive trend highlights increased interest in our Enterprise Class compute solutions and validates our strategic focus on building multi-year, predictable revenue streams. Higher OSS segment orders are particularly encouraging amid ongoing uncertainty in business and government spending. Momentum remains strong, as the programs we are pursuing closely align with our customers’ evolving priorities on AI, ML, autonomy and sensor processing at the Edge,” stated OSS President and CEO, Mike Knowles.

    “As expected, our consolidated gross margin improved year-over-year and from the fourth quarter of 2024, supported by a 45.5% gross margin at our OSS segment, associated with a more profitable mix of products. While near-term market conditions affected the timing of certain OSS segment orders anticipated for the first and second quarters of 2025, we remain on track to achieve our 2025 annual guidance. In addition, we expect bookings to remain strong throughout the year within our OSS segment and support profitable revenue growth in the second half of 2025 and into 2026,” concluded Mr. Knowles.

    2025 First-Quarter Financial Summary

    Consolidated revenue was $12.3 million, compared to $12.7 million in the first quarter of 2024. OSS segment revenue decreased 5.9%, as compared to the same period in 2024, primarily due to lower volume of shipments to a commercial aerospace customer, partially offset by higher volume of shipments to a defense customer. Bressner segment revenue decreased $65,637, or 0.9%, as compared to the same period in 2024.

    The following table sets forth net revenue by segment for the three months ended March 31, 2025, and March 31, 2024 (Dollars may not calculate due to rounding):

      Three Months Ended

    Entity:

    March 31,
    2025
      % of Net
    Revenue
      March 31,
    2024
     
    % of Net
    Revenue

      %
    Change
    OSS $ 5,206,810       42.5 %   $ 5,533,872       43.7 %     (5.9 )%
    Bressner   7,052,277       57.5 %     7,117,914       56.3 %     (0.9 )%
    Total net revenue $ 12,259,088       100.0 %   $ 12,651,786       100.0 %     (3.1 )%
                                           

    Consolidated gross margin percentage was 32.6% for the three months ended March 31, 2025, compared to 29.4% in the prior year quarter. On a segment basis, the OSS segment had a gross margin of 45.5%, an increase of 11.3 percentage points as compared to the prior year of 34.2%. The increase in OSS segment gross margin was primarily due to higher volume of certain higher margin data storage units and componentry shipped in the quarter. The Company’s Bressner segment had a gross margin percentage of 23.1%, compared to 25.7% in the same period last year, due to product mix.

    Total operating expenses increased 19.2% to $5.9 million. This increase was predominantly attributable to higher marketing and selling costs due to an increase in personnel costs from the additions in headcount made during 2024 as well as an increase in research and development costs driven by higher engineering labor to support new product development.

    The Company reported a net loss of $2.0 million, or $(0.09) per share, as compared to a net loss of $1.3 million, or $(0.06) per share, in the prior year period.

    Adjusted EBITDA, a non-GAAP metric, was a loss of $1.1 million, compared to adjusted EBITDA loss of $500,452 in the prior year period.

    As of March 31, 2025, the Company reported cash and short-term investments of $9.1 million and total working capital of $23.1 million, compared to cash and short-term investments of $10.0 million and total working capital of $24.0 million at December 31, 2024.

    2025 Full Year Outlook

    OSS is executing a strategic plan targeting both commercial and defense markets, aiming to provide integrated solutions and establish OSS as a platform incumbent on large, multi-year programs. This approach is expected to drive long-term value by increasing predictable, recurring revenue and building a strong, multi-year backlog.

    As a result of OSS’ multi-year strategy, the Company continues to anticipate consolidated revenue of $59 to $61 million for the full year of 2025. This includes expected OSS segment revenue of approximately $30 million, representing over 20% year-over-year growth. In addition, the Company expects to be EBITDA break-even for the full year of 2025. Management expects revenue and profitability to improve at a higher rate in the second half of 2025 based on current trends and the Company’s expanding sales pipeline.

    Conference Call

    OSS will hold a conference call to discuss its results for the first quarter of 2025, followed by a question-and-answer period.

    Date: Wednesday, May 7, 2025
    Time: 10:00 a.m. ET (7:00 a.m. PT)
    Toll-free dial-in: 1-800-717-1738
    International dial-in: 1-646-307-1865
    Conference ID: 57745 (required for entry)
    Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1710966&tp_key=28a1f0fc7f

    A replay of the call will be available after 1:00 p.m. ET on May 7, 2025, through May 21, 2025.

    Toll-free replay: 1-844-512-2921
    International replay: 1-412-317-6671
    Passcode: 1157745

    About One Stop Systems

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

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

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

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

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

    Non-GAAP Financial Measures

    We believe that the use of adjusted earnings before interest, taxes, depreciation and amortization, or adjusted EBITDA, is helpful for an investor to assess the performance of the Company. The Company defines adjusted EBITDA as income (loss) before interest, taxes, depreciation, amortization, acquisition expense, impairment of long-lived assets, financing costs, government funded programs, fair value adjustments from purchase accounting, stock-based compensation expense, and expenses related to discontinued operations.

    Adjusted EBITDA is not a measurement of financial performance under generally accepted accounting principles in the United States, or GAAP. Because of varying available valuation methodologies, subjective assumptions and the variety of equity instruments that can impact a company’s non-cash operating expenses, we believe that providing a non-GAAP financial measure that excludes non-cash and non-recurring expenses allows for meaningful comparisons between our core business operating results and those of other companies, as well as providing us with an important tool for financial and operational decision making and for evaluating our own core business operating results over different periods of time.

    Our adjusted EBITDA measure may not provide information that is directly comparable to that provided by other companies in our industry, as other companies in our industry may calculate non-GAAP financial results differently, particularly related to non-recurring and unusual items. Our adjusted EBITDA is not a measurement of financial performance under GAAP, and should not be considered as an alternative to operating income or as an indication of operating performance or any other measure of performance derived in accordance with GAAP. We do not consider adjusted EBITDA to be a substitute for, or superior to, the information provided by GAAP financial results.

      For the Three Months Ended March 31,
        2025       2024  
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Depreciation   223,847       289,547  
    Amortization of right-of-use assets net of change in lease liability   (2,032 )     55,997  
    Stock-based compensation expense   612,561       408,740  
    Interest expense   14,186       35,342  
    Interest income   (72,511 )     (141,725 )
    Provision for income taxes   109,466       191,269  
    Adjusted EBITDA $ (1,132,116 )   $ (500,452 )
           

    (Dollars may not calculate due to rounding)

    Adjusted EPS excludes the impact of certain items and, therefore, has not been calculated in accordance with GAAP. We believe that exclusion of certain selected items assists in providing a more complete understanding of our underlying results and trends and allows for comparability with our peer company index and industry. We use this measure along with the corresponding GAAP financial measures to manage our business and to evaluate our performance compared to prior periods and the marketplace. The Company defines non-GAAP income (loss) as income or (loss) before amortization, government funded programs, impairment of long lived assets, stock-based compensation, expenses related to discontinued operations, and acquisition costs. Adjusted EPS expresses adjusted income (loss) on a per share basis using weighted average diluted shares outstanding.

    Adjusted EPS is a non-GAAP financial measure and should not be considered in isolation or as a substitute for financial information provided in accordance with GAAP. These non-GAAP financial measures may not be computed in the same manner as similarly titled measures used by other companies. We expect to continue to incur expenses similar to the adjusted income from continuing operations and adjusted EPS financial adjustments described above, and investors should not infer from our presentation of these non-GAAP financial measures that these costs are unusual, infrequent or non-recurring.

    The following table reconciles non-GAAP net income and basic and diluted earnings per share:

      For the Three Months Ended March 31,
        2025       2024  
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Stock-based compensation expense   612,561       408,740  
    Non-GAAP net loss $ (1,405,073 )   $ (930,882 )
    Non-GAAP net loss per share:      
    Basic $ (0.07 )   $ (0.04 )
    Diluted $ (0.07 )   $ (0.04 )
    Weighted average common shares outstanding:      
    Basic   21,384,599       20,709,234  
    Diluted   21,384,599       20,709,234  
     

    (Dollars may not calculate due to rounding)

    Forward-Looking Statements

    OSS cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. . Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include but are not limited to those relating to increased sales and revenues, non-GAAP financial measures, our multi-year strategy, increase in margins, and operating expenses. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by OSS or its partners that any of our plans or expectations will be achieved. Factors that could interfere with our ability to achieve our plans or expectations , include but are not limited to, our ability to expand our product offerings and further penetrate our target markets, future demand for AI/ML integrations, global socio-economic challenges, stock market uncertainty or volatility, reductions in business and/or government spending, and changes in our business strategies, management and/or senior leadership. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

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

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

    ONE STOP SYSTEMS, INC. (OSS)
    CONSOLIDATED BALANCE SHEETS
     
      Unaudited   Audited
      March 31,   December 31,
        2025       2024  
    ASSETS      
    Current assets      
    Cash and cash equivalents $ 6,498,468     $ 6,794,093  
    Short-term investments   2,620,169       3,217,065  
    Accounts receivable, net   7,245,983       8,177,371  
    Inventories, net   15,099,479       13,176,156  
    Prepaid expenses and other current assets   1,178,620       836,364  
    Total current assets   32,642,719       32,201,048  
    Property and equipment, net   1,472,160       1,669,026  
    Operating lease right-of use assets   1,463,099       1,536,094  
    Deposits and other   38,093       38,093  
    Goodwill   1,489,722       1,489,722  
    Total Assets $ 37,105,793     $ 36,933,982  
           
    LIABILITIES AND STOCKHOLDERS’ EQUITY      
    Current liabilities      
    Accounts payable $ 4,475,684     $ 2,068,017  
    Accrued expenses and other liabilities   3,730,499       4,806,675  
    Current portion of operating lease obligation   272,865       285,937  
    Current portion of notes payable   1,079,484       1,035,050  
    Total current liabilities   9,558,532       8,195,679  
    Deferred tax liability, net   45,572       52,574  
    Operating lease obligation, net of current portion   1,451,728       1,513,684  
    Total liabilities   11,055,832       9,761,937  
    Commitments and contingencies      
    Stockholders’ equity      
    Common stock, $0.0001 par value; 50,000,000 shares authorized; 21,582,196 and 21,148,810 shares issued and outstanding   2,158       2,115  
    Additional paid-in capital   49,824,911       49,082,737  
    Accumulated other comprehensive income   293,587       140,254  
    Accumulated deficit   (24,070,695 )     (22,053,061 )
    Total stockholders’ equity   26,049,961       27,172,045  
    Total Liabilities and Stockholders’ Equity $ 37,105,793     $ 36,933,982  
           
    ONE STOP SYSTEMS, INC. (OSS)
    UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
    (Dollars may not calculate due to rounding)
     
      For the Three Months Ended March 31,
        2025       2024  
    Revenue:      
    Product $ 11,848,713     $ 12,287,046  
    Customer funded development   410,375       364,740  
        12,259,088       12,651,786  
    Cost of revenue:      
    Product   7,912,314       8,818,756  
    Customer funded development   349,782       109,737  
        8,262,096       8,928,493  
    Gross profit   3,996,992       3,723,293  
    Operating expenses:      
    General and administrative   2,366,369       2,094,317  
    Marketing and selling   2,218,190       1,920,113  
    Research and development   1,357,293       970,877  
    Total operating expenses   5,941,852       4,985,307  
    Loss from operations   (1,944,860 )     (1,262,014 )
    Other (expense) income, net:      
    Interest income   72,511       141,725  
    Interest expense   (14,186 )     (35,342 )
    Other (expense) income, net   (21,633 )     7,278  
    Total other income, net   36,692       113,661  
    Loss before income taxes   (1,908,168 )     (1,148,353 )
    Provision for income taxes   109,466       191,269  
    Net loss $ (2,017,634 )   $ (1,339,622 )
           
    Net loss per share:      
    Basic $ (0.09 )   $ (0.06 )
    Diluted $ (0.09 )   $ (0.06 )
           
    Weighted average common shares outstanding:      
    Basic   21,384,599       20,709,234  
    Diluted   21,384,599       20,709,234  
           
    ONE STOP SYSTEMS, INC. (OSS)
    UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
     
      For the Three Months Ended March 31,
        2025       2024  
    Cash flows from operating activities:      
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
    Deferred income taxes   1,737       (188,674 )
    Loss on disposal of property and equipment   –       354  
    Provision for bad debt   (100 )     –  
    Warranty reserves   –       (15,000 )
    Depreciation   223,847       289,547  
    Amortization of right-of-use assets   76,825       100,138  
    Inventory reserves   (146,200 )     94,063  
    Stock-based compensation expense   612,561       408,740  
    Changes in operating assets and liabilities:      
    Accounts receivable   1,068,100       842,057  
    Inventories   (1,418,185 )     (66,013 )
    Prepaid expenses and other current assets   (332,400 )     (224,116 )
    Accounts payable   2,336,310       1,486,003  
    Accrued expenses and other liabilities   (1,461,601 )     700,041  
    Operating lease liabilities   (78,857 )     (44,141 )
    Net cash (used in) provided by operating activities   (1,135,596 )     2,043,378  
           
    Cash flows from investing activities:      
    Redemption of short-term investment grade securities   597,288       1,811,364  
    Purchases of property and equipment, including capitalization of labor costs for test equipment and ERP   (12,793 )     (167,168 )
    Net cash provided by investing activities   584,495       1,644,196  
           
    Cash flows from financing activities:      
    Proceeds from exercise of stock options and warrants   373,310       127,350  
    Payment of payroll taxes on net issuance of employee stock options   (243,654 )     (246,376 )
    Repayments on notes payable   –       (680,948 )
    Net cash provided by (used in) financing activities   129,656       (799,974 )
           
    Net change in cash and cash equivalents   (421,445 )     2,887,600  
    Effect of exchange rates on cash   125,820       (32,446 )
    Cash and cash equivalents, beginning of period   6,794,093       4,048,948  
    Cash and cash equivalents, end of period $ 6,498,468     $ 6,904,102  

    The MIL Network –

    May 8, 2025
  • MIL-OSI: Genesis Model Context Protocol Server Enables AI-Driven Automation and Innovation in Financial Markets

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Genesis Global launched a Model Context Protocol (MCP) Server to govern how AI agents interface with software built with the Genesis Application Platform.

    MCP is an open protocol that standardizes how software applications provide context to LLMs. Excitement for MCP is growing in the financial sector as firms see its potential to amplify the utility and value of their software investments.

    “It’s widely accepted that AI is set to transform the financial industry. But to unlock its full potential, firms need more than just smart models – they need smart software infrastructure,” said Stephen Murphy, CEO and co-founder of Genesis Global. “Enabling AI agents to safely interface with applications is a powerful opportunity for innovation through intelligent integrations and helps users get more horsepower from existing technologies. Our MCP Server is the latest example of AI becoming fundamental to our platform.”

    The Genesis MCP Server is a controlled gateway that makes Genesis applications discoverable to a firm’s AI tools and enables selective AI-driven actions within the application.

    By design, the Genesis Application Platform provides guardrails to make AI a predictable and compliant actor within the platform and, by extension, clients’ technology ecosystems. Application owners have complete control over the Genesis MCP Server and can specify which application functions AI agents can access. In addition, all interactions via the Genesis MCP Server can be subject to the same permissions and entitlements model as the underlying application. It also supports human-in-the-loop capabilities for people to approve AI actions.

    “Just as REST enabled APIs to transform how software was deployed, MCP can help financial firms unlock new levels of innovation, connectivity and efficiency,” said Tej Sidhu, Chief Technology Officer at Genesis Global. “Our MCP Server gives users maximum control over how AI can interact with a Genesis application, enabling our clients to experiment and innovate without compromising the governance of their technology.”

    The MCP Server empowers Genesis application users to be more innovative and productive by allowing them to:

    • Create complex business outcomes by combining operations from Genesis and other MCP-enabled applications
    • Extract Genesis application data and use LLMs to perform actions on it (e.g., summarize, aggregate, format, transform, etc.)
    • Interact with an application from a conversational interface

    The MCP Server is part of the high-performance runtime delivered by the Genesis Application Platform. It is an optional integration for all Genesis applications running on versions 8.11+ of Genesis.

    Genesis applications do not need reconfiguration to operate with an MCP Server.

    A short Genesis video shows the interplay between an AI agent, MCP Server and the connected application.

    About Genesis Global
    Genesis Global enables financial markets organizations to innovate at speed through its software application development platform and deep expertise in capital markets and financial services.

    The Genesis platform is designed with flexibility and performance at its core, providing developers with the frameworks, integrations and components required to automate manual workflows, enhance legacy systems and build entirely new applications. Featuring a resilient, real-time service-oriented architecture, Genesis excels across the performance envelope of low-latency, high-throughput and high-scalability, powering mission-critical applications at the world’s leading financial institutions.​

    Strategically backed by Bank of America, BNY Mellon and Citi, Genesis Global has offices in London, New York, Miami, Charlotte, São Paulo, Dublin and Bengaluru.

    Media contact:
    Alex Paidas, Corporate Communications, Genesis Global
    alex.paidas@genesis.global    +1 646 246 4889

    The MIL Network –

    May 8, 2025
  • MIL-OSI: Asset Entities to Merge with Strive Asset Management to Form the First Publicly Traded Asset Management Bitcoin Treasury Company

    Source: GlobeNewswire (MIL-OSI)

    The combined company will focus over time on maximizing Bitcoin exposure per share and seek to outperform Bitcoin over the long run and maximize value for common equity shareholders.

    More information provided about Strive Asset Management’s business at Strive.com.

    Strive CEO Matt Cole to present transaction and company strategy at Strategy World conference today at 2:15 pm ET (livestream).

    DALLAS, May 07, 2025 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services, today announced that it has entered into a definitive merger agreement with Strive Asset Management.

    The combined company will operate under the Strive brand, remain listed on NASDAQ, and become a public Bitcoin Treasury Company.

    Strive Asset Management intends to use all available mechanisms to build a Bitcoin war chest in a minimally dilutive manner to common shareholders and build a long-term investment approach designed to outperform Bitcoin, by using Bitcoin itself as the hurdle rate for capital deployment.

    Strive Asset Management will leverage its institutional investment expertise to implement proprietary strategies to fuel Bitcoin accumulation in accretive ways. Such strategies include the planned first-of-its-kind offer of combined company equity in exchange for Bitcoin in a manner that is intended to be tax-free to investors under Section 351 of the U.S. tax code; acquiring cash at a discount through mergers with overcapitalized companies; and unlocking additional leverage to accumulate Bitcoin, while hedging risk in novel ways using in-house fixed income and derivatives expertise.

    The reverse merger structure is expected to give the company immediate access to an effective shelf registration statement to raise primary capital from and after the closing of the transaction, which the company plans to expand to $1 billion following the closing in order to accumulate Bitcoin through both equity and debt offerings, to be used when accretive to common equity. The ability to raise capital under the effective shelf registration statement is a competitive advantage versus other newly formed Bitcoin treasury companies.

    The combined company plans to accumulate Bitcoin with a first-of-its-kind offering, allowing Bitcoin holders to contribute Bitcoin in exchange for public stock through a structure that is intended to be a tax-free Section 351 exchange — a provision of the U.S. tax code that enables appreciated assets to be contributed tax-free to a corporation in exchange for stock (subject to conditions and personal tax circumstances).

    Subject to market conditions and final structuring, it is currently expected that there will be no markup to the deal transaction price for participants in this exchange. This offer is expected to be open only to certain accredited investors prior to closing of the transaction.

    Matt Cole will lead the company as CEO and Chairman of the Board. With extensive institutional experience as a former $70 billion fixed income portfolio manager specializing in complex structured securities, Matt’s background enables SAM to innovate strategically, employing novel, accretive Bitcoin accumulation methods designed to enhance shareholder value previously unseen in Bitcoin treasury corporations.

    The SAM management team also includes Ben Pham as CFO, Arshia Sarkhani, the current CEO of Asset Entities, as CMO, and Logan Beirne as CLO. Each of these leaders will serve on SAM’s board of directors. Strive Asset Management also plans to add respected Bitcoin leaders Ben Werkman, Jeff Walton, and Avik Roy as independent board directors.

    “We are thrilled to be joining forces with Strive Asset Management to help pioneer the future of corporate Bitcoin treasury strategies,” said Arshia Sarkhani, President and CEO of Asset Entities. “Our strength in building and activating online communities across Discord and other platforms uniquely positions us to drive education, engagement, and adoption of Bitcoin-centric financial models. This merger empowers us to amplify Strive’s bold mission while delivering transformative value to shareholders.”

    Strive Asset Management built its strong brand on advocacy for capitalism, meritocracy, and innovation which reshaped corporate America. The company will always unapologetically stand for these foundational principles in its pursuit to maximize value for shareholders. Since its founding in 2022, the company has quickly amassed ~$2B assets under management, as it led efforts to roll back ESG mandates in boardrooms across America.

    Now, Strive Asset Management is applying that same winning playbook to lead a new transformation: corporate adoption of Bitcoin treasuries. SAM plans to advocate for all of the publicly traded companies in its funds to incorporate a Bitcoin treasury strategy in order to maximize long run shareholder value.

    • The combination of Strive Asset Management and Asset Entities is a strategic step to advance the foregoing strategy.

    Strive Enterprises, Inc., co-founded by Vivek Ramaswamy, will remain a privately held company and continue to expand its wealth management business. Before factoring in the contemplated Bitcoin-for-stock exchange and any additional financing, Strive Enterprises will own approximately 94.2 % of the public company and the legacy shareholders of Asset Entities will own the remaining 5.8%. Financings will proportionally dilute both Strive Enterprises and shareholders of Asset Entities.

    Davis Polk & Wardwell LLP is serving as legal counsel to SAM in connection with the transaction and Bevilacqua PLLC served as legal counsel to Asset Entities in connection with the transaction.

    To learn about Asset Entities, please go to www.assetentities.com. To learn about the Ternary payment platform, please go to www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to https://www.ae360ddm.com/ and https://discord.gg/ae360ddm.

    About Asset Entities, Inc. 

    Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.

    About Strive Enterprises

    Co-founded in 2022 by Vivek Ramaswamy, Strive Enterprises, Inc. is a financial services firm with a mission to maximize value for clients through unapologetic capitalism.

    Strive Asset Management, the asset management subsidiary, has quickly grown to manage ~$2 billion in assets, competing with the world’s largest financial institutions. Strive Enterprises, Inc. recently launched a wealth management division that will remain private. Learn more at strive.com.

    Company Contacts:

    Arshia Sarkhani, President and Chief Executive Officer
    Michael Gaubert, Executive Chairman
    Asset Entities Inc.
    Tel +1 (214) 459-3117 
    Email Contact

    Investor Contact:

    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Office: (646) 893-5835
    Email: info@skylineccg.com

    Cautionary Statement Regarding Forward-Looking Statements

    Certain statements herein and the documents incorporated herein by reference may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding the outlook and expectations of Strive Enterprises, Inc. (“Strive Enterprises”) and ASST, respectively, with respect to the proposed transaction, the strategic benefits and financial benefits of the proposed transaction, including the expected impact of the proposed transaction on the combined company’s future financial performance (including anticipated accretion to earnings per share, the tangible book value earn-back period and other operating and return metrics), the timing of the closing of the proposed transaction, and the ability to successfully integrate the combined businesses. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Strive Enterprises, ASST or their respective management about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions include, among others, the following:

    • the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement between Strive Enterprises, ASST and the other parties thereto;
    • the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not received or satisfied on a timely basis or at all;
    • the outcome of any legal proceedings that may be instituted against Strive Enterprises or ASST or the combined company;
    • the possibility that the anticipated benefits of the proposed transaction, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Strive Enterprises or ASST operate;
    • the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected;
    • the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events;
    • the diversion of management’s attention from ongoing business operations and opportunities;
    • potential adverse reactions of Strive Enterprises’ or ASST’s customers or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction;
    • changes in ASST’s share price before closing;
    • other factors that may affect future results of Strive Enterprises, ASST or the combined company.

    These factors are not necessarily all of the factors that could cause Strive Enterprises’, ASST’s or the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive Enterprises’, ASST’s or the combined company’s results.

    Although each of Strive Enterprises and ASST believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results of Strive Enterprises or ASST will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in ASST’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024, quarterly reports on Form 10-Q, and other documents subsequently filed by ASST with the Securities Exchange Commission (the “SEC”). The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive Enterprises, ASST or their respective businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements speak only as of the date they are made and Strive Enterprises and ASST undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

    Additional Information and Where to Find It

    In connection with the proposed transaction, ASST intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement”) to register the common stock to be issued by ASST in connection with the proposed transaction and that will include a proxy statement of ASST and a prospectus of ASST (the “Proxy Statement/Prospectus”), and each of Strive Enterprises and ASST may file with the SEC other relevant documents concerning the proposed transaction. A definitive Proxy Statement/Prospectus will be sent to the stockholders of ASST to seek their approval of the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF ASST ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT STRIVE ENTERPRISES, ASST AND THE PROPOSED TRANSACTION AND RELATED MATTERS.

    A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other filings containing information about Strive Enterprises and ASST, may be obtained, free of charge, at the SEC’s website (http://www.sec.gov). You will also be able to obtain these documents, when they are filed, free of charge, from ASST by accessing ASST’s website at https://www.assetentities.com/. Copies of the Registration Statement, the Proxy Statement/Prospectus and the filings with the SEC that will be incorporated by reference therein can also be obtained, without charge, by directing a request to ASST’s Investor Relations department at 100 Crescent Court, 7th floor, Dallas, TX 75201 or by calling (214) 459-3117 or emailing web@assetentities.com. The information on Strive Enterprises’ or ASST’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

    Participants in the Solicitation

    Strive Enterprises, ASST and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the stockholders of ASST in connection with the proposed transaction. Information about the interests of the directors and executive officers of Strive Enterprises and ASST and other persons who may be deemed to be participants in the solicitation of stockholders of ASST in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Proxy Statement/Prospectus related to the proposed transaction, which will be filed with the SEC. Information about the directors and executive officers of ASST, their ownership of ASST common stock, and ASST’s transactions with related persons is set forth in the section entitled “Board of Directors and Corporate Governance,” “Executive Officers of the Company,” “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” “Executive Compensation,” and “Certain Relationships and Related Transactions” included in ASST’s definitive proxy statement in connection with its 2024 Annual Meeting of Stockholders, as filed with the SEC on August 22, 2024.

    No Offer or Solicitation

    This communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

    The MIL Network –

    May 8, 2025
  • MIL-OSI USA: Lofgren, Matsui, Merkley Reintroduce Legislation to Give Individuals an Opportunity to Invest in Building America’s Clean-Energy Future

    Source: United States House of Representatives – Representative Zoe Lofgren (D-San Jose)

    Modeled after WWII victory bonds, Clean Energy Victory Bonds would spur investment in clean-energy projects, create jobs, & help U.S. fight the climate crisis

    WASHINGTON, DC – Today, Representatives Zoe Lofgren (CA-18) and Doris Matsui (CA-07) and U.S. Senator Jeff Merkley (D-OR) reintroduced the Clean Energy Victory Bond Act, bicameral legislation to give individuals the opportunity to buy Clean Energy Victory Bonds and help build America’s clean-energy future. Modeled after the highly successful victory bonds sold during World Wars I and II, which raised billions of dollars to finance the costs of war, Clean Energy Victory Bonds would help the country create jobs and save taxpayers money while investing in clean-energy infrastructure and fighting the climate crisis, protecting future generations.

    The bill would direct the U.S. Secretaries of Treasury, Energy, and Defense to develop and issue $50 billion in Clean Energy Victory Bonds that support energy efficiency, solar, wind, geothermal, and electric vehicle efforts. For as little as $50, all Americans would be able to voluntarily purchase these Treasury bonds to invest in clean energy.

    The sale of the $50 billion worth of bonds annually could be leveraged to inject $150 billion into clean-energy innovation and create more than one million jobs.

    “As climate-related emergencies become more and more common, I often hear from people who want to do their part in the fight against climate change, but don’t know how. The Clean Energy Victory Bond Act provides Americans with an opportunity to invest, within their means, in innovative technologies that will yield profits both for themselves and the world,” said Congresswoman Lofgren, Ranking Member of the House Committee on Science, Space, and Technology. “This is my seventh time reintroducing this bill. I feel strongly that, as momentum continues to build in California and around the country to be good stewards of our environment, we must employ proven economic growth-based tactics to tackle climate change. We all benefit when we invest in the future.”

    “Now, more than ever, we need collective action to fight climate change and support smart climate solutions,” said Congresswoman Matsui. “This legislation gives everyday Americans the opportunity to invest in the clean energy transition and help grow the American economy. This investment will flow back into our communities, creating good-paying jobs, lowering energy costs, and helping to make communities across the country more resilient to climate change, while also providing a strong return on investment and helping American families to safely and reliably grow their savings with government-backed bonds.”

    “Clean energy is America’s future, no matter how hard President Trump and his handpicked Fossil Fuel Cabinet try to sabotage its deployment,” said Senator Merkley. “As the Trump Administration slashes federal funds for renewable energy projects nationwide – including right here in Oregon – I’m fighting to advance solutions that will help end our dangerous dependence on fossil fuels and instead invest in public health and our environment. This bill expands access to affordable clean energy for families across America, delivering bold action to tackle climate chaos and creating jobs in the 21st-century economy.”

    Background

    The Clean Energy Victory Bonds would raise extra funds for investment in clean-energy and energy-efficiency deployment, including by:

    • Providing additional support to existing federal financing programs available to states for energy efficiency upgrades and clean energy deployment;
    • Providing funding for clean energy investments by all federal agencies;
    • Providing funding for electric grid enhancements and connections that enable clean energy deployment;
    • Providing funding to renovate existing inefficient buildings or building new energy efficient buildings;
    • Providing tax incentives and tax credits for clean energy technologies;
    • Providing funding for new innovation research, including ARPA-E, public competitions similar to those designed by the X Prize Foundation, grants provided through the Office of Energy Efficiency and Renewable Energy of the Department of Energy, or other mechanisms to fund revolutionary clean energy technology;
    • Providing additional funding for zero-emission vehicle infrastructure and manufacturing;
    • Providing additional funding to existing federal, State, and local grant programs that finance clean energy projects; and
    • Providing prioritized funding for clean energy projects that are located in and reduce energy rates in disadvantaged and vulnerable communities.  

    The Clean Energy Victory Bonds would:

    • be available to the public in denominations as low as $50;
    • accrue interest based on savings achieved through reduced-energy spending by the federal government and interest collected on loans provided from proceeds of the bonds; and
    • be capped at $50 billion each year.
    Click here for full text of the Clean Energy Victory Bond Act.

    In Connecticut, “Green Liberty Bonds” have been issued, and batches have sold out because the demand is so great. 

    Support from Sustainability & Business Groups

    The bill is supported by numerous organizations, includingGreen America, Communitas Financial Planning PBC, Transformative Wealth Management, Natural Investments, American Sustainable Business Council, Impact Investors, School Sisters of Notre Dame Collective Investment Fund, Figure 8 Investment Strategies, Greenvest/Vanderbilt Financial Group, Change the Chamber, Harkins Wealth Management, SharePower Responsible Investing, Your Best Path, LLC, and Chicory Wealth.

    “Americans from around the country support clean energy that will create jobs while addressing the climate crisis. In World War II, Victory Bonds offered Americans a way to support the war effort. Now, Clean Energy Victory Bonds will offer all Americans a safe investment, open to anyone, to support the rapid adoption of the solar, wind, and battery storage technologies that will benefit communities, workers, and the planet,” said Todd Larsen, Executive Co-Director For Consumer and Corporate Engagement, Green America.

    “Clean Energy Victory Bonds will provide a much-needed economic boost to our businesses and economy. This bill provides a reliable and highly-accessible financing mechanism that allows all Americans to provide the needed dollars for building a vibrant economy.” In an environment of reduced Federal Government spending this enables everyone to invest and work hand in hand with the private sector,” said David Levine, Co-founder and President, American Sustainable Business Council.

    “Taking a step forward to adjust our energy industry to meet the needs of the changing country, the Clean Energy Victory Bonds Act uses historical precedence to advance the U.S. toward a cleaner, brighter future for youth like us. While the transition to a clean energy economy may seem ambitious at times, this Act will allow everyday Americans to create an economy that works for all of us. It provides Americans the opportunity to help incentivize cleaner infrastructure and energy, paving the way for future steps to better our nation’s energy and climate,” said Evey Mengelkoch, Erika Pietrzak, and Sarah Hill, Climate Fellows of Change the Chamber

    ###

    MIL OSI USA News –

    May 8, 2025
  • MIL-OSI Submissions: Business – Sustainability start-ups Krosslinker and Ayrton Energy secure S$1 million each in catalytic funding at The Liveability Challenge 2025 Grand Finale

    Source: Eco-Business

    The 2025 Grand Finale witnessed another record-breaking year, attracting more than 1,200 submissions from over 100 countries competing for the top prize in two tracks: Decarbonisation and Cool Earth.

    Passive cooling using advanced aerogel technology and safe, cost-effective storage and transport to accelerate adoption of hydrogen as a clean fuel were the top winners at the Grand Finale.
    The Liveability Challenge, was presented by Temasek Foundation and organised by Eco-Business. 

    Singapore, 7 May 2025: Krosslinker and Ayrton Energy have emerged as the top winners at The Liveability Challenge (TLC) 2025 Grand Finale for their innovative solutions to drive decarbonisation and tackle climate challenges.

    The two groundbreaking projects were the standouts among eight finalists, each securing a S$1 million grant in catalytic funding to help advance and scale their solutions sustainably.

    The winner of the Cool Earth track was Singapore-based deep-tech start-up Krosslinker, which develops passive cooling technologies in the form of aerogel materials capable of reducing surface temperatures by up to 10 degrees Celsius and ambient temperatures by up to 5 degrees Celsius.

    The winner of the Decarbonisation track was Canada-based Ayrton Energy, which develops technology for safe and cost-effective hydrogen storage and transport, and addresses infrastructure challenges that currently hinder the widespread adoption of hydrogen energy.

    The two winners were selected after a competitive and rigorous judging session, where all eight finalists pitched their innovative solutions live to a judging panel at the Grand Finale, held at ParkRoyal Collection Marina Bay as part of Ecosperity Week.

    These pioneering climate solutions are integral in advancing progress towards the climate targets set under the Paris Agreement in 2015 – an urgent imperative as global temperatures reach dangerously new highs each year.  

    With rising heat, extreme weather events and ecological deterioration afflicting society and natural ecosystems, solutions must be mobilised to address these climate impacts while contributing to the global targets of reducing emissions by 43 per cent by 2030 and achieving net zero by 2050.

    This will require coordinated efforts across society, enabling regulatory frameworks and strategic investments to enable the large-scale deployment of innovative climate technologies.

    Presented by Temasek Foundation and organised by Eco-Business, TLC was launched in 2018 as a platform to search for the most disruptive and innovative solutions that solve the pressing sustainability challenges of today.

    Today, TLC is Asia’s largest sustainability solutions platform and since its first edition, has attracted thousands of applications globally, shortlisted and incubated 53 finalists, and deployed more than S$12 million in funding to help these startups, who have gone on to raise hundreds of millions more.  

    In its eighth edition, TLC searched for solutions across two tracks: Decarbonisation and Cool Earth. The Decarbonisation track seeks disruptive deep-tech solutions that provide scalable and impactful solutions to reduce carbon emissions across diverse industries. The Cool Earth track seeks groundbreaking innovations that specifically address the challenges posed by climate-induced extreme weather conditions.

    The eight shortlisted finalist teams – Ayrton Energy, CatAmmon, Cetogenix, CO2Tech, D-CRBN, Eztia Corp, Krosslinker and SXD, Inc – represent various countries including Singapore, Australia, Belgium and the United States.

    TLC’s strategic partners this year are Enterprise Singapore, OCTAVE Well-being Economy Fund, TRIREC and Valuence Ventures. Amazon Web Services was the Tech for Good partner for the event.

    “We are very happy and excited [to have secured this award], but this is just the beginning. We have a very big job to do to make sure that we develop solutions that equitably reach everybody and not just the tech-savvy community. Many thanks to Temasek Foundation for all the inspiring work that you have been doing, and to all our investors who have specially flown in for this event. To all the fellow finalists who keep inspiring us – it’s such amazing work to solve some of the most difficult challenges in this world and committing to a cause rather than building easy solutions,” said Dr Gayathri Natarajan, Co-founder and CEO of Krosslinker Private Limited.  

    “We’re really excited to be able to have this funding support and cement our position in Singapore and Southeast Asia. I’m very grateful to Temasek Foundation for believing in the tech that we’re building, and in our ability to decarbonise these hard-to-abate sectors. I wouldn’t be here if it weren’t for my fantastic team of nerds, as I like to call them back home, as well as the support that we have from our investors both locally and internationally,” said Dr Brandy Kinkead, Chief Technology Officer of Ayrton Energy Inc.

    “At Temasek Foundation, we believe in the urgency of supporting bold and deep-tech innovative solutions that can drive real progress in decarbonising our planet, and keeping our environment cool even with rising temperatures. Our catalytic funding reflects this important commitment – helping innovators move from promising innovations to operational prototypes with potential to scale. Beyond The Liveability Challenge, Temasek Foundation is growing our network of climate tech challenges across the region into China, Indonesia and Vietnam. By doing so, we aim to accelerate innovators’ paths to commercialisation and deliver real impact for both the people and the planet. Our heartiest congratulations to Krosslinker Private Limited and Ayrton Energy Inc on this exciting milestone,” said Heng Li Lang, Head of Climate and Liveability at Temasek Foundation.  

    “TLC has become a fixture in the global sustainability innovation ecosystem, providing a vital catalytic platform for promising start-ups with cutting-edge climate tech solutions from all over the world. By driving innovation, entrepreneurship, ecosystem collaboration and access to finance, it helps groundbreaking ideas move beyond the prototype stage to deliver real-world impact. In a world dangerously close to irreversible planetary thresholds, accelerating these solutions is no longer optional – it is critical,” said Jessica Cheam, Founder and CEO of Eco-Business.

    In addition to the two S$1 million in grants (S$1 million for each winner), a total of S$400,000 in investment and grant opportunities were awarded to the finalists by TLC’s strategic partners [see Appendix A].  

    The Grand Finale also hosted an Innovation Dialogue where speakers Mark Gainsborough, Chairman, Seatrium; Magdalene Loh, Director, Urban Systems and Solutions, Enterprise Singapore; and Dr Dazril Phua, Chief Operating Officer, Nandina REM, identified the solutions needed to advance climate tech solutions and innovation in Singapore and globally – including ecosystem building, policy and financial support and public private partnerships.

    Experts said that clear market signals and policy coherence were key to enabling climate technologies to scale. “Technology risk is (usually) the least of the problem. But is the market going to develop the way as expected and is there a supportive policy framework and regulation? Unfortunately, there are too many cases in the climate tech space where the market hasn’t developed as we expected because of an ever-changing policy and regulation landscape,” Mark Gainsborough, Chairman of Singapore-listed marine engineering company Seatrium, shared during the Innovation Dialogue.  

    Magdalene Loh, Director, Urban Systems and Solutions, Enterprise Singapore, noted that in addition to scaleability and exportability, climate tech solutions must be effectively priced to attract customers, and designed for easy integration into existing systems or processes.

    “Today, many of the climate tech solutions that we’re seeing do need to interact with existing infrastructure – existing systems that clients would already be used to. How would these tech solutions integrate? Many times, you need the buy-in internally within the organisation, not just with the innovation team. There are different facets of the clients to [consider] to secure buy-in as well,” Loh said.  

    For more information, visit The Liveability Challenge website at  www.theliveabilitychallenge.org.  

    About Temasek Foundation 

    Temasek Foundation supports a diverse range of programmes that uplift lives and communities in Singapore and beyond. Temasek Foundation’s programmes are made possible through philanthropic endowments gifted by Temasek, as well as gifts and contributions from other donors. These programmes strive towards achieving positive outcomes for individuals and communities now and for generations to come. Collectively, Temasek Foundation’s programmes strengthen social resilience, foster international exchange and regional capabilities, advance science and protect the planet. 

    For more information, visit www.temasekfoundation.org.sg 

    About Eco-Business 

    Established in 2009, Eco-Business is Asia Pacific’s leading media organisation on sustainable development. Its independent journalism unit publishes high quality, trusted news and views that advance dialogue and enables measurable impact on a wide range of sustainable development and responsible business issues. Eco-Business is headquartered in Singapore, with a presence in Beijing, Hong Kong, Manila, Kuala Lumpur, Jakarta, and correspondents across major cities in Asia Pacific. Visit www.eco-business.com  

    Appendix A

    Additional investment and grant opportunities:

    Singapore’s Krosslinker Private Limited received S$100,000 from OCTAVE Well-being Economy Fund to develop urban cooling solutions using zero energy aerogel coating.

    Canada’s Ayrton Energy Inc received S$100,000 from TRIREC and S$100,000 from Valuence Ventures to develop safe hydrogen storage and transport which seamlessly integrates with existing liquid fuel infrastructure.

    Australia’s CO2Tech received S$100,000 from Enterprise Singapore to develop a cost effective and compact CO2 capture solution which converts emissions into carbon-negative and valuable products.

    Appendix B

    Comments from our Strategic Partners:

    Emily Liew, Assistant Managing Director, Innovation, Enterprise Singapore, said: “As the world races to address pressing environmental challenges, we need platforms such as The Liveability Challenge more than ever to uncover and support breakthrough climate innovations. Start-ups can leverage Singapore’s robust innovation ecosystem, infrastructure and strategic networks to validate and scale their climate solutions. Enterprise Singapore is committed to working with important partners such as Temasek Foundation to accelerate the development of innovative solutions for a sustainable future.”

    Axel Tan, Venture Partner, OCTAVE Well-being Economy Fund, said: “Climate tech startups are pioneering vital solutions for a more liveable planet, but they face steep challenges in scaling. At the OCTAVE Well-being Economy Fund, we believe in backing these innovators by bridging capital, partnerships and purpose. Together with platforms like The Liveability Challenge, we can direct collective investment toward breakthrough technologies – accelerating the transition to a cleaner, more conscious and regenerative future.”

    Andrew Wong, Director, TRIREC, said: “The Liveability Challenge is crucial as it catalyses breakthrough innovations urgently needed to tackle escalating climate crises. By matching catalytic capital with the most promising solutions in climate change, the Challenge accelerates the commercialisation of transformative technologies, especially in an increasingly uncertain geopolitical environment. This platform not only empowers innovators to scale their impact but also drives collective action toward a net-zero and a climate-resilient future worldwide. TRIREC looks forward to supporting ambitious climate founders.”

    Andrew Hyung, General Partner, Valuence Ventures, said: “At a time when the world’s attention is pulled in many directions and the climate crisis is too often set aside, The Liveability Challenge brings much needed focus. It unites visionaries, doers and believers to shape a future we all deserve. By turning urgency into momentum and bold ideas into real solutions, this platform reminds us that hope backed by action can still change everything.”

    Ashley Tan, International Head of Social Impact & Sustainability at Amazon Web Services (AWS), said: “We’re excited by the powerful sustainability solutions presented by winners Krosslinker Private Limited and Ayrton Energy Inc, and the other finalists. Together with Temasek Foundation and Eco-business, Amazon Web Services (AWS) is committed to making a positive environmental and social impact around the world. We will continue to provide the latest AI-driven technologies and bench of deep technical expertise to power innovative solutions in the cloud and solve the climate crisis’s most pressing decarbonisation and food security challenges of our time.”

    Appendix C

    Finalists for The Liveability Challenge 2025:

    1. Ayrton Energy Inc (Canada)  

    Solution: Safe hydrogen storage and transport that seamlessly integrates with existing liquid fuel infrastructure for scalable deployment that is up to 50 per cent lower cost 

    2. CatAmmon (Israel) 

    Solution: ”Cold” (400ºC) ammonia cracking, catalysed by Ruthenium – free, ceramic nanomaterials that achieves over 30 per cent reductions in cost for hydrogen generation 

     3.  Cetogenix (New Zealand)

    Solution: Transforming urban waste into renewable natural gas, green ammonia and other circular bioeconomy products with carbon intensities 19 times less than those of fossil equivalents 

    4.  CO2Tech (Australia) 

    Solution: Cost effective and compact CO2 capture solution capable of converting emissions into carbon negative and valuable products  

    5. D-CRBN (Belgium) 

    Solution: Plasma-based CO2 recycling with a fossil price parity  

    6. Eztia Corp (US)

    Solution: Cooling wearables that absorb body heat, reducing skin temperature by 10°C  

    7. Krosslinker Private Limited (Singapore)

    Solution: Cooling cities 24/7 with a zero energy aerogel coating: passive, powerful and planet friendly 

    8. SXD, Inc (US) 

    Solution: SXD uses its patent-published AI to co-design and scale zero material waste garments, driving 10 times the material savings, approximately 80 per cent reduction in CO2 emissions and up to 55 per cent in cost savings.

    MIL OSI – Submitted News –

    May 8, 2025
  • MIL-OSI: Greystone Housing Impact Investors Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    OMAHA, Neb., May 07, 2025 (GLOBE NEWSWIRE) — On May 7, 2025, Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced financial results for the three months ended March 31, 2025.

    Financial Highlights

    The Partnership reported the following results as of and for the three months ended March 31, 2025:

    • Net income of $0.11 per Beneficial Unit Certificate (“BUC”), basic and diluted
    • Cash Available for Distribution (“CAD”) of $0.31 per BUC
    • Total assets of $1.54 billion
    • Total Mortgage Revenue Bond (“MRB”) and Governmental Issuer Loan (“GIL”) investments of $1.18 billion

    The difference between reported net income per BUC and CAD per BUC is primarily due to the treatment of unrealized losses on the Partnership’s interest rate derivative positions. Unrealized losses of approximately $3.9 million are included in net income for the three months ended March 31, 2025. Unrealized losses are a result of the impact of decreased market interest rates on the calculated fair value of the Partnership’s interest rate derivative positions. Unrealized gains and losses do not affect our cash earnings and are added back to net income when calculating the Partnership’s CAD. The Partnership received net cash from its interest rate derivative positions totaling approximately $847,000 during the first quarter.

    In March 2025, the Partnership announced that the Board of Managers of Greystone AF Manager LLC declared a regular quarterly distribution to the Partnership’s BUC holders of $0.37 per BUC. The distribution was paid on April 30, 2025, to BUC holders of record as of the close of trading on March 31, 2025.

    Management Remarks

    “We continue to evaluate investment opportunities despite continuing market volatility,” said Kenneth C. Rogozinski, the Partnership’s Chief Executive Officer.  “Our successful Series B Preferred Units issuance provides low-cost, non-dilutive capital for us to deploy into accretive investment opportunities. In addition, the dedicated pool of capital that we have from the new BlackRock construction lending joint venture is a powerful tool for us to serve our affordable housing developer relationship base.”

    Recent Investment and Financing Activity

    The Partnership reported the following updates for the first quarter of 2025:

    • Advanced funds on MRB and taxable MRB investments totaling $21.5 million, offset by an MRB redemption of approximately $10.4 million.
    • Advanced funds on GIL and taxable GIL investments totaling $39.1 million.
    • GIL, taxable GIL, and property loan redemptions and paydowns totaling approximately $102.7 million.
    • Advanced net funds to joint venture equity investments totaling $5.6 million.
    • Received proceeds of $14.2 million upon sale of Vantage at Tomball, inclusive of return of capital and accrued preferred return.
    • Issued $20 million Series B Preferred Units with an annual distribution rate of 5.75% to an existing investor.

    In May 2025, the managing member of Vantage at Helotes sold the property to a governmental entity who in turn leased the property to a non-profit entity. That non-profit entity financed its purchase of the leasehold interest by issuing tax-exempt and taxable bonds. The Partnership received gross proceeds of approximately $17.1 million, inclusive of the return of capital contributions and accrued preferred return. The Partnership expects to recognize investment income of approximately $1.8 million and a gain on sale of approximately $163,000 in the second quarter of 2025, before settlement of final proceeds and expenses. The Partnership expects to recognize approximately $0.08 of net income per BUC, basic and diluted, and CAD per BUC, based on the number of BUCs outstanding on the date of sale.

    Investment Portfolio Updates

    The Partnership announced the following updates regarding its investment portfolio:

    • All MRB and GIL investments are current on contractual principal and interest payments and the Partnership has received no requests for forbearance of contractual principal and interest payments from borrowers as of March 31, 2025
    • The Partnership continues to execute its hedging strategy, primarily through interest rate swaps, to reduce the impact of changing market interest rates.
    • Six joint venture equity investment properties have completed construction, with three properties having previously achieved 90% occupancy. Four of the Partnership’s joint venture equity investments are currently under construction or in development, with none having experienced material supply chain disruptions for either construction materials or labor to date.

    Earnings Webcast & Conference Call

    The Partnership will host a conference call for investors on Wednesday, May 7, 2025 at 4:30 p.m. Eastern Time to discuss the Partnership’s First Quarter 2025 results.

    For those interested in participating in the question-and-answer session, participants may dial-in toll free at (877) 407-8813. International participants may dial-in at +1 (201) 689-8521. No pin or code number is needed.

    The call is also being webcast live in listen-only mode. The webcast can be accessed via the Partnership’s website under “Events & Presentations” or via the following link:
    https://event.choruscall.com/mediaframe/webcast.html?webcastid=a4hicNZA

    It is recommended that you join 15 minutes before the conference call begins (although you may register, dial-in or access the webcast at any time during the call).

    A recorded replay of the webcast will be made available on the Partnership’s Investor Relations website at http://www.ghiinvestors.com.

    About Greystone Housing Impact Investors LP

    Greystone Housing Impact Investors LP was formed in 1998 under the Delaware Revised Uniform Limited Partnership Act for the primary purpose of acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds which have been issued to provide construction and/or permanent financing for affordable multifamily, seniors and student housing properties. The Partnership is pursuing a business strategy of acquiring additional mortgage revenue bonds and other investments on a leveraged basis. The Partnership expects and believes the interest earned on these mortgage revenue bonds is excludable from gross income for federal income tax purposes. The Partnership seeks to achieve its investment growth strategy by investing in additional mortgage revenue bonds and other investments as permitted by its Second Amended and Restated Limited Partnership Agreement, dated December 5, 2022 (the “Partnership Agreement”), taking advantage of attractive financing structures available in the securities market, and entering into interest rate risk management instruments. Greystone Housing Impact Investors LP press releases are available at www.ghiinvestors.com.

    Safe Harbor Statement

    Certain statements in this press release are intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of statements that include, but are not limited to, phrases such as “believe,” “expect,” “future,” “anticipate,” “intend,” “plan,” “foresee,” “may,” “should,” “will,” “estimates,” “potential,” “continue,” or other similar words or phrases. Similarly, statements that describe objectives, plans, or goals also are forward-looking statements. Such forward-looking statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Partnership. The Partnership cautions readers that a number of important factors could cause actual results to differ materially from those expressed in, implied, or projected by such forward-looking statements. Risks and uncertainties include, but are not limited to: defaults on the mortgage loans securing our mortgage revenue bonds and governmental issuer loans; the competitive environment in which the Partnership operates; risks associated with investing in multifamily, student, senior citizen residential properties and commercial properties; general economic, geopolitical, and financial conditions, including the current and future impact of changing interest rates, inflation, and international conflicts (including the Russia-Ukraine war and the Israel-Hamas war) on business operations, employment, and financial conditions; uncertain conditions within the domestic and international macroeconomic environment, including monetary and fiscal policy and conditions in the investment, credit, interest rate, and derivatives markets; any effects on our business resulting from new U.S. domestic or foreign governmental trade measures, including but not limited to tariffs, import and export controls, foreign exchange intervention accomplished to offset the effects of trade policy or in response to currency volatility, and other restrictions on free trade; adverse reactions in U.S. financial markets related to actions of foreign central banks or the economic performance of foreign economies, including in particular China, Japan, the European Union, and the United Kingdom; the general condition of the real estate markets in the regions in which the Partnership operates, which may be unfavorably impacted by pressures in the commercial real estate sector, incrementally higher unemployment rates, persistent elevated inflation levels, and other factors; changes in interest rates and credit spreads, as well as the success of any hedging strategies the Partnership may undertake in relation to such changes, and the effect such changes may have on the relative spreads between the yield on investments and cost of financing; the aggregate effect of elevated inflation levels over the past several years, spurred by multiple factors including expansionary monetary and fiscal policy, higher commodity prices, a tight labor market, and low residential vacancy rates, which may result in continued elevated interest rate levels and increased market volatility; the Partnership’s ability to access debt and equity capital to finance its assets; current maturities of the Partnership’s financing arrangements and the Partnership’s ability to renew or refinance such financing arrangements; local, regional, national and international economic and credit market conditions; recapture of previously issued Low Income Housing Tax Credits in accordance with Section 42 of the Internal Revenue Code; geographic concentration of properties related to investments held by the Partnership; changes in the U.S. corporate tax code and other government regulations affecting the Partnership’s business; and the other risks detailed in the Partnership’s SEC filings (including but not limited to, the Partnership’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K). Readers are urged to consider these factors carefully in evaluating the forward-looking statements.

    If any of these risks or uncertainties materializes or if any of the assumptions underlying such forward-looking statements proves to be incorrect, the developments and future events concerning the Partnership set forth in this press release may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this document. We anticipate that subsequent events and developments will cause our expectations and beliefs to change. The Partnership assumes no obligation to update such forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, unless obligated to do so under the federal securities laws.

     
     
    GREYSTONE HOUSING IMPACT INVESTORS LP
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (UNAUDITED)
     
        For the Three Months Ended March 31,    
        2025     2024    
    Revenues:              
    Investment income   $ 21,878,167     $ 19,272,345    
    Other interest income     2,288,165       3,003,838    
    Other income     958,825       94,471    
    Total revenues     25,125,157       22,370,654    
    Expenses:              
    Provision for credit losses     (172,000 )     (806,000 )  
    Depreciation     3,542       5,967    
    Interest expense     14,134,816       13,803,935    
    Net result from derivative transactions     3,036,137       (6,267,664 )  
    General and administrative     4,570,261       4,930,388    
    Total expenses     21,572,756       11,666,626    
    Other income:              
    Gain on sale of investments in unconsolidated entities     5,220       50,000    
    Earnings (losses) from investments in unconsolidated entities     (233,334 )     (106,845 )  
    Income before income taxes     3,324,287       10,647,183    
    Income tax benefit     (2,733 )     (1,198 )  
    Net income     3,327,020       10,648,381    
    Redeemable Preferred Unit distributions and accretion     (760,679 )     (767,241 )  
    Net income available to Partners   $ 2,566,341     $ 9,881,140    
                   
    Net income available to Partners allocated to:              
    General Partner   $ 25,611     $ 98,311    
    Limited Partners – BUCs     2,483,685       9,725,097    
    Limited Partners – Restricted units     57,045       57,732    
        $ 2,566,341     $ 9,881,140    
    BUC holders’ interest in net income per BUC, basic and diluted   $ 0.11     $ 0.42   *
    Weighted average number of BUCs outstanding, basic     23,171,226       23,000,754   *
    Weighted average number of BUCs outstanding, diluted     23,171,226       23,000,754   *
    * The amounts indicated above have been adjusted to reflect the distribution completed on April 30, 2024 in the form of additional BUCs at a ratio of 0.00417 BUCs for each BUC outstanding as of March 28, 2024 on a retroactive basis.
       

    Disclosure Regarding Non-GAAP Measures – Cash Available for Distribution

    The Partnership believes that CAD provides relevant information about the Partnership’s operations and is necessary, along with net income, for understanding its operating results. To calculate CAD, the Partnership begins with net income as computed in accordance with GAAP and adjusts for non-cash expenses or income consisting of depreciation expense, amortization expense related to deferred financing costs, amortization of premiums and discounts, fair value adjustments to derivative instruments, provisions for credit and loan losses, impairments on MRBs, GILs, real estate assets and property loans, deferred income tax expense (benefit), and restricted unit compensation expense. The Partnership also adjusts net income for the Partnership’s share of (earnings) losses of investments in unconsolidated entities as such amounts are primarily depreciation expenses and development costs that are expected to be recovered upon an exit event. The Partnership also deducts Tier 2 income (see Note 22 to the Partnership’s condensed consolidated financial statements) distributable to the General Partner as defined in the Partnership Agreement and distributions and accretion for the Preferred Units. Net income is the GAAP measure most comparable to CAD. There is no generally accepted methodology for computing CAD, and the Partnership’s computation of CAD may not be comparable to CAD reported by other companies. Although the Partnership considers CAD to be a useful measure of the Partnership’s operating performance, CAD is a non-GAAP measure that should not be considered as an alternative to net income calculated in accordance with GAAP, or any other measures of financial performance presented in accordance with GAAP.

    The following table shows the calculation of CAD (and a reconciliation of the Partnership’s net income, as determined in accordance with GAAP, to CAD) for the three months ended March 31, 2025 and 2024 (all per BUC amounts are presented giving effect to the BUCs Distributions described in Note 22 of the condensed consolidated financial statements on a retroactive basis for all periods presented):

        For the Three Months Ended March 31,  
        2025     2024  
    Net income   $ 3,327,020     $ 10,648,381  
    Unrealized (gains) losses on derivatives, net     3,883,196       (4,604,215 )
    Depreciation expense     3,542       5,967  
    Provision for credit losses (1)     (172,000 )     (806,000 )
    Amortization of deferred financing costs     381,334       367,418  
    Restricted unit compensation expense     234,047       332,321  
    Deferred income taxes     1,227       2,998  
    Redeemable Preferred Unit distributions and accretion     (760,679 )     (767,241 )
    Tier 2 income allocable to the General Partner (2)     –       –  
    Recovery of prior credit loss (3)     (16,967 )     (17,155 )
    Bond premium, discount and acquisition fee amortization, net of cash received     25,220       (40,475 )
    (Earnings) losses from investments in unconsolidated entities     233,334       106,845  
    Total CAD   $ 7,139,274     $ 5,228,844  
                 
    Weighted average number of BUCs outstanding, basic     23,171,226       23,000,754  
    Net income per BUC, basic   $ 0.11     $ 0.42  
    Total CAD per BUC, basic   $ 0.31     $ 0.23  
    Cash Distributions declared, per BUC   $ 0.37     $ 0.368  
    BUCs Distributions declared, per BUC (4)   $ –     $ 0.07  
    (1) The adjustments reflect the change in allowances for credit losses under the CECL standard which requires the Partnership to update estimates of expected credit losses for its investment portfolio at each reporting date.
       
    (2) As described in Note 22 to the Partnership’s condensed consolidated financial statements, Net Interest Income representing contingent interest and Net Residual Proceeds representing contingent interest (Tier 2 income) will be distributed 75% to the limited partners and BUC holders, as a class, and 25% to the General Partner. This adjustment represents 25% of Tier 2 income due to the General Partner. There was no Tier 2 income for the three months ended March 31, 2025 and 2024.
       
    (3) The Partnership determined there was a recovery of previously recognized impairment recorded for the Live 929 Apartments Series 2022A MRB prior to the adoption of the CECL standard effective January 1, 2023. The Partnership is accreting the recovery of prior credit loss for this MRB into investment income over the term of the MRB consistent with applicable guidance. The accretion of recovery of value is presented as a reduction to current CAD as the original provision for credit loss was an addback for CAD calculation purposes in the period recognized.
       
    (4) The Partnership declared the distribution completed on April 30, 2024 in the form of additional BUCs equal to $0.07 per BUC for outstanding BUCs as of the record date of March 28, 2024.
       

    MEDIA CONTACT: 
    Karen Marotta 
    Greystone 
    212-896-9149 
    Karen.Marotta@greyco.com

    INVESTOR CONTACT:
    Andy Grier
    Investors Relations
    402-952-1235

    The MIL Network –

    May 8, 2025
  • MIL-OSI: NANO Nuclear Energy Completes Retrofit of its New York State Nuclear Technology Testing Facility 

    Source: GlobeNewswire (MIL-OSI)

    Facility operations to commence shortly to construct and test NANO Nuclear’s ALIP subsystem as well as key components of its microreactors in development

    New York, N.Y., May 07, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear technology and energy company, today announced the completion of the retrofitting of its multimillion-dollar demonstration and testing facility in Westchester County, New York.

    The facility is now ready to play a central role in supporting the non-nuclear mechanical and thermal test work necessary to develop its microreactors (in particular ZEUSTM) and commercial products, such as its Annular Linear Induction Pump (ALIP), a critical non-nuclear subsystem for liquid metal and molten salt reactor technologies which NANO Nuclear plans to separately commercialize in the coming years. Testing at the Westchester facility is expected to commence shortly and continue throughout 2025 and into the future. The data generated will contribute to the final design and integration strategy for ALIP in both terrestrial and space reactor applications.

    The facility retrofit was executed in collaboration with aRobotics Company, a New York-based engineering and advanced fabrication firm specializing in robotic systems, component inspection, and high-precision prototyping. The firm led the mechanical build-out of the facility and the fabrication of test hardware and support structures for the development of NANO Nuclear’s products, as well as NANO Nuclear’s ongoing SBIR Phase III commercialization program for ALIP.

    “The Westchester County demonstration facility has been completed on schedule and to specification, and we’re pleased to extend our collaboration on critical ALIP components and our broader reactor portfolio with aRobotics, a fellow New York State headquartered company,” said Jay Yu, Founder and Chairman of NANO Nuclear. “This multimillion‑dollar facility will be central to our R&D program, giving us the resources to conduct essential physical testing and confirm that our non‑nuclear systems perform at their highest level.”

    Figure 1 – Image of Redeveloped NANO Nuclear’s Demonstration Facility for Key Components of its Nuclear Microreactor Designs in Westchester County, NY.

    The newly redeveloped testing site includes:

    • A Liquid-Metal and Molten-Salt Test Loop for evaluating fluid dynamics and pump efficiency.
    • A magnetic field mapping system for characterizing ALIP’s electromagnetic properties.
    • A custom-engineered thermal chamber for assessing high-temperature material behavior and component resilience.

    “Completing the redevelopment of this dedicated test facility is a significant milestone in our ALIP roadmap,” said Dr. Carlos O. Maidana, Head of Thermal Hydraulics and Space Program at NANO Nuclear. “The ability to perform real-time, high-fidelity component testing allows us to validate software models and refine system performance before moving to larger-scale assembly.”

    Figure 2 – Image of NANO Nuclear’s Annular Linear Induction Pump (ALIP) Technology Model (left) and Liquid-Metal and Molten-Salt Test Loop (right).

    The Westchester County demonstration facility will serve as a high-fidelity mechanical testbed for subsystems critical to reactor operation. These tests will inform future licensing, support industrial partnerships, and advance NANO Nuclear’s development, regulatory licensing and commercialization objectives. The facility now houses NANO Nuclear’s Liquid‑Metal and Molten‑Salt Test Loop, along with a magnetic‑field mapping system that will support development and commercialization activities for ALIP. In addition, a purpose‑built heat chamber, designed for evaluating reactor components and subsystems, has been installed at the site.

    “This facility gives us the infrastructure to simulate core pump operations in a safe, non-nuclear setting,” said James Walker, Chief Executive Officer of NANO Nuclear. “It’s close proximity to our New York City corporate headquarters enhances operational coordination and will serve as a valuable hub for collaborators and stakeholders to observe the development process firsthand.”

    About NANO Nuclear Energy, Inc.

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

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

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

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

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

    For further NANO Nuclear information, please contact:

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

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

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

    Attachment

    • NANO Nuclear Energy Inc.

    The MIL Network –

    May 8, 2025
  • MIL-OSI United Kingdom: Tango Meets Tokamak: Bill Bailey talks fusion energy with UKAEA

    Source: United Kingdom – Government Statements

    Press release

    Tango Meets Tokamak: Bill Bailey talks fusion energy with UKAEA

    British musician, comedian and television star Bill Bailey’s interest and passion for fusion energy saw a recent visit to UKAEA’s Culham Campus.

    Bill Bailey visits MAST Upgrade as part of tour at UKAEA’s Culham Campus – Image Credit United Kingdom Atomic Energy Authority

    The United Kingdom Atomic Energy Authority (UKAEA) welcomed British musician, comedian and television star, Bill Bailey, to its Culham Campus to explore the vital research being undertaken to advance fusion as a sustainable source of energy for future generations.

    The Strictly Come Dancing Glitterball Trophy winner visited UKAEA’s campus in Oxfordshire, after mentioning fusion during his ‘Thoughtifier’ stand-up tour. Spotted in the audience, UKAEA’s Executive Director for Engineering and Computing, Dr Joe Milnes, invited Mr Bailey to see fusion’s research and development in action.

    Mr Bill Bailey, said:

    The central premise of this show (‘Thoughtifier’) is celebrating human endeavour and the constant ingenuity of humans. I talk about it in terms of human evolution, about discovering music, and one of those fields is also fusion. It felt like a natural fit to put fusion into the show and to ask the members of the audience what they feel about it.

    I’ve noticed a change over the past year and half where, every time I mention fusion, there has been a gradual uptick in people’s awareness of it. When I say, ‘We need to find a solution to the world’s energy needs, what about fusion?’, there are cheers from the crowd.

    My visit to UKAEA was fascinating and eye-opening, and amazing to hear about how our understanding of fusion is progressing. Seeing all this being done in the English countryside gave me a huge surge of patriotic pride, and enormous hope for the future.

    Dr Joe Milnes, Executive Director for Engineering and Computing, UKAEA, said:

    I’ve always been a big fan of Bill’s, particularly his sense of humour combined with his obvious fascination with how the world works.

    Spending a few hours with Bill, showing him all the incredible things happening at UKAEA, revealed how excited he is about fusion and other endeavours where humans can demonstrate their incredible problem-solving abilities.

    Fusion promises to be a safe, low carbon and sustainable part of the world’s future energy supply. It has the potential to provide ‘base load’ power, complementing renewable and other low carbon energy sources.

    During his visit, Mr Bailey toured UKAEA’s MAST-Upgrade and the Joint European Torus (JET) facilities and recorded a fireside chat with Dr Joe Milnes.

    Watch the full fireside chat on YouTube here: https://youtu.be/7FS1yO3zs5k

    Bill Bailey in fireside chat with UKAEA’s Dr. Joe Milnes – Image Credit United Kingdom Atomic Energy Authority

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    Updates to this page

    Published 7 May 2025

    MIL OSI United Kingdom –

    May 8, 2025
  • MIL-OSI Russia: Guangdong Province Releases 30 Artificial Intelligence Application Scenarios

    Translation. Region: Russian Federal

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

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

    BEIJING, May 7 (Xinhua) — South China’s Guangdong Province has unveiled 30 scenarios for the application of artificial intelligence (AI) in four areas: manufacturing, education, health care and security, the Science and Technology Daily reported Wednesday.

    In the education sector, the Guangdong government has identified typical application scenarios for this technology in five major areas: teaching, teaching, experimentation, resource allocation, and evaluation and decision support.

    In terms of healthcare, Guangdong Province reported 10 typical AI application scenarios in areas such as imaging diagnosis, clinical decision making, surgical planning, outpatient treatment, and medical consultation.

    “The Guangdong-Hong Kong-Macao Greater Bay Area has advantages in areas such as electromechanical technology, as well as digital and intelligent technology,” the Keji Ribao article noted, citing Qu Xiaojie, deputy head of the Guangdong Province Bureau of Industry and Information Technology. The area also has a complete industrial chain for AI and robotics.

    Guangdong Province will support the industrialization of technologies, product marketing and service commercialization for enterprises in the field of AI and robotics, Qu Xiaojie concluded. -0-

    MIL OSI Russia News –

    May 8, 2025
  • MIL-OSI Russia: 11 killed, five injured in Indonesia road accident

    Translation. Region: Russian Federal

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

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

    JAKARTA, May 7 (Xinhua) — At least 11 people were killed and five others injured on Wednesday when a truck collided with a small bus in central Indonesia’s Java province, a local rescue official said.

    According to him, the truck carrying sand was unable to climb up the slope.

    “It is suspected that the truck’s brakes failed. It rolled backwards and to the left, crashed into a small bus and then into a house,” the spokesman told Xinhua.

    “Our team immediately rushed to the scene to conduct rescue operations. All 11 of the deceased were passengers in a small bus. Five others were injured,” the official said, adding that all the injured were taken to hospital. -0-

    MIL OSI Russia News –

    May 8, 2025
  • MIL-OSI Russia: Rosneft enterprises’ teams hold events in honor of the Great Victory anniversary

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Rosneft and its subsidiaries organize and participate in events in honor of the 80th anniversary of Victory in the Great Patriotic War. The company holds hundreds of events throughout Russia, which are designed to pass on to the younger generation the historical memory of the immortal feat of our people who liberated the world from fascism. Among the heroes of the front and the home front are many workers in the oil industry.

    Oil workers demonstrated mass heroism in the battles of the Great Patriotic War and labor valor at enterprises in the rear. The Red Army was supplied with fuel and lubricants in the required quantities. During the war, the few remaining specialists, women and teenagers who replaced the men who went to the front, achieved a significant increase in the volume of oil production and refining. New fields were discovered, oil refineries were put into operation. Thanks to the selfless work of oil workers, our country won the “war of motors”, which brought the overall Victory closer.

    The Company’s employees congratulate veterans of the Great Patriotic War and oil industry workers in different regions of the country on Victory Day. Festive concerts are held for them, where the winners of the corporate competition “Energy of Talents” perform. Rosneft volunteers also visit veteran oil workers at home, convey congratulations and memorable gifts from the teams of the enterprises.

    With the support of Rosneft, the Sretensky Monastery Choir is touring 24 cities across the country with the musical program “Dedicated to the Great Victory”. The production is based on real stories about the fates of heroes who walked the miles of war from Moscow to Berlin and the best works of the front-line years.

    More than 100 thousand Rosneft employees in more than 40 regions of Russia are taking part in the all-Russian action “Immortal Regiment” in various formats. On the eve of Victory Day, Rosneft enterprises held “Minutes of Silence” in memory of those killed in the war, as well as “Memory Watch”, during which workers began their work shift with portraits of relatives who had fought in the Great Patriotic War.

    About 1,000 employees of 33 Rosneft subsidiaries took part in a collective reading of the poem “Motherland” by poet Konstantin Simonov. Samotlorneftegaz employees read the famous lines at the monument “To fellow countrymen who died during the Great Patriotic War of 1941-1945” in the Victory Park of Nizhnevartovsk, unfurling an 80-meter St. George ribbon.

    More than 500 employees of the Samara group of Rosneft enterprises, veterans and employees of Rosneft enterprises, students, volunteers and residents of the Samara region in the city of Novokuibyshevsk next to the memorial complex to the heroes of the Great Patriotic War also unfurled an 80-meter St. George ribbon, honored the memory of the fallen heroes with a minute of silence and laid flowers at the Eternal Flame.

    Rosneft pays special attention to the formation of spiritual and patriotic values in the younger generation. Veteran oil workers together with current employees of the Company held “Lessons of Courage” in schools, universities and colleges, where children were told about how oil industry enterprises worked during the Great Patriotic War. Students, including students of “Rosneft classes” and schoolchildren from the “Movement of the First” were able to personally communicate with witnesses of those events. Also, for schoolchildren of Ufa, Samara, Gubkinsky, Saratov, Nizhnevartovsk, the settlement of Tazovsky in the Yamal-Nenets Autonomous District, they organized screenings of the documentary “War of Motors” about the significant contribution of oil workers to the Great Victory, which was filmed with the support of Rosneft.

    Samotlorneftegaz and Sevkomneftegaz held a patriotic event “Victory Waltz” in Nizhnevartovsk and Gubkinsky, in which representatives of three generations took part: veterans, employees of enterprises and students of “Rosneft-classes”. Volunteers danced a waltz to “Blue Scarf”, which was performed for soldiers on the fronts of the Great Patriotic War by Klavdiya Shulzhenko and other famous artists.

    On the eve of the Great Victory, the Company’s volunteers organized a number of large-scale clean-up days: they repaired, renovated, and tidied up memorials and monuments to the heroes of the Great Patriotic War. Volunteers from the Kuibyshev Oil Refinery and the Novokuibyshevsk Petrochemical Company tidied up more than 60 graves of front-line soldiers in Samara. Volunteers from Samotlorneftegaz tidied up the territory of the memorial complex “To fellow countrymen who died during the Great Patriotic War of 1941-1945” in Nizhnevartovsk. Udmurtneft employees helped to improve the monument to those killed during the war in the village of Svetloye, Votkinsk District; with the participation of the enterprise, memorials were also arranged in six other settlements of the Udmurt Republic. Bashneft organized the cleaning of the territory and renovation of elements of the park near the monument to “Ishimbay oil workers who died in battles for the Motherland” in the city of Ishimbay. Schoolchildren of the “Movement of the First” actively participated in all the events.

    The company organized mass car rallies in different regions of Russia, in which more than 1 thousand people took part. Employees of the enterprises RN-Yuganskneftegaz, Tyumenneftegaz, RN-Uvatneftegaz, Kharampurneftegaz, ROSPAN International, RN-Purneftegaz, and the corporate scientific institute in Tyumen held a joint campaign in the Tyumen region, the Yamalo-Nenets and Khanty-Mansiysk autonomous districts, covering 1,418 km in cars with Victory Banners – this distance corresponds to the number of days that the Great Patriotic War lasted.

    In Krasnoyarsk Krai, a motorcade of RN-Vankor workers drove a thousand kilometers across the tundra with the Victory Banner from the Vankor field to the port of Bukhta Sever on the shore of the Kara Sea. Bashneft organized a 160-kilometer motor rally of 50 cars in the Republic of Bashkortostan between the cities of Labor Valor Ishimbay and Ufa. During the Great Patriotic War, oil from Ishimbay was sent to Ufa for processing at the Ufa Oil Refinery (now Bashneft-UNPZ), the plant’s fuel went to the needs of the front and the rear.

    Volunteers from the Saratov Oil Refinery, RN-Vedomstvennaya Okhrana, and IK SIBINTEK drove a motorcade with jubilee symbols along the streets of Saratov from the oil refinery to the memorial complex to the soldiers-drivers. During the war, columns of cars with food, military equipment, uniforms, and fuel produced at the Saratov Oil Refinery went through Saratov to Stalingrad. During the fierce battles for Stalingrad, the Saratov-Stalingrad highway was called the “road of life” in the besieged hero city. Rosneft-Kuban Oil Products workers drove 150 km in 20 cars as part of the patriotic motor rally “Krasnodar-Novorossiysk”. Employees of the Komsomolsk Oil Refinery organized a motor rally from the Memorial Complex in Komsomolsk-on-Amur, where oil refiners laid flowers at the Eternal Flame. The column of more than 50 cars with anniversary symbols and Victory banners was headed by a Ural motorcycle from the 1970s.

    In addition, in various regions, the Company’s employees have created routes for auto tourists to memorial sites dedicated to the Great Patriotic War. Rosneft gas stations broadcast congratulations on the anniversary of the Victory, songs from the war years, and distribute St. George ribbons during the holidays. A number of stations have themed photo zones, field kitchens, and concerts by creative groups with a patriotic repertoire.

    Rosneft traditionally takes part in federal and regional events to green the territories on the eve of Victory Day. As part of the international action “Garden of Memory”, together with activists of the “Movement of the First”, Orenburgneft employees planted more than 10 thousand pine seedlings on 4.5 hectares of the Buzuluk pine forest, damaged by a natural fire, and 1.5 thousand pine trees in the steppe territory of the Kurmanaevsky district of the Orenburg region. “Kurgannefteprodukt” organized the planting of 20 thousand tree seedlings in the form of a geoglyph (an inscription made up of trees) “80 years of Victory”. Also, the geoglyph “80” appeared through the efforts of Bashneft-Dobycha employees in the city of Neftekamsk in the Republic of Bashkortostan. Employees of the corporate institute “VNIKTIneftekhimoborudovanie” took part in the landscaping of the slope of Mamayev Kurgan in Volgograd: they prepared the territory of the future alley and planted 80 silver maple seedlings.

    The Company’s employees took part in dozens of sports, intellectual competitions and contests dedicated to the Victory anniversary. Thus, Rosneft held corporate snowboarding competitions dedicated to the 80th anniversary of the Victory. More than 100 oil industry athletes from 35 subsidiaries gathered at the ski center in Baikalsk (Irkutsk Region). And in Tomsk, they organized the “Victory Ski Slope” at a distance of 200 meters – it became a symbol of memory of the heroes of the Battle of Stalingrad, which lasted 200 days and became a turning point in the Great Patriotic War.

    Commemorative museum exhibits have been organized at the enterprises, and street photo exhibitions reflecting the selfless labor of oil workers in the rear and the heroism of front-line soldiers have opened in the cities where the Company is present. A photo exhibition titled “Fuel of Victory” has opened in the Muzeon Arts Park in Moscow. In Ufa, Bashneft opened a photo exhibition about the contribution of Bashkir oil workers to the Victory in a park on the Belaya River embankment and laid out a memorial alley of apple and fir trees. In Saratov, an exhibition of patriotic drawings by children of Rosneft employees has been placed on the Cosmonauts Embankment.

    The employees of Verkhnechonskneftegaz initiated and created with their own hands the memorial “Memory Flame” in the shift camp of the Verkhnechonskoye field. On memorable dates for the country it will be lit as a symbol of the undying national memory of those who gave their lives on the battlefields.

    One of the central events of the anniversary year in Buzuluk (Orenburg region) and in Ryazan was the creation of large-scale murals with the support of Orenburgneft and the Ryazan Oil Refining Company, respectively.

    Rosneft contributes to preserving the historical memory of the events of the Great Patriotic War, the immortal feat of veterans who fought on the front lines and forged the Great Victory in the rear. Their unconditional love for the Motherland and patriotism are an unshakable example for current and future generations.

    Department of Information and Advertising of PJSC NK Rosneft May 7, 2025

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

    MIL OSI Russia News –

    May 8, 2025
  • MIL-OSI United Kingdom: Restoration works begin on famous Armada Shipwreck collection

    Source: Northern Ireland – City of Derry

    Restoration works begin on famous Armada Shipwreck collection

    7 May 2025

    The Tower Museum’s famous Armada Shipwreck collection is on the move, as National Museums NI commences restoration work on the key artefacts before they make the transition to their new home in the state-of-the-art new DNA (Derry~Londonderry on the North Atlantic) Museum in Ebrington Square.

    The collection will be closed to the public while the essential work is being completed, however visitors can still access the popular Story of Derry and Derry Girls Exhibitions over the coming months.

    The ‘Armada Shipwreck ~ La Trinidad Valencera’ exhibition has been a central focus of the museum’s visitor experience, bringing to life the 16th century story of conflict between England and Spain, and the drama and tragedy that unfolded as over 20 Spanish ships foundered off the Donegal coast.

    The collection has been on loan to the Museum from National Museums NI since 2004 and is recognised to be of international importance. The transfer is just one element of the Tower Museum’s legacy as the collection will soon become an integral part of the new DNA Museum.  Once restored the Armada pieces will remain in storage until they can be rehoused in the new museum which is due to open in early 2027.

    Mayor of Derry and Strabane, Councillor Lilian Seenoi Barr, said it was an exciting milestone in the project. “The Spanish Armada collection has been a popular attraction at the Museum since 2005, and we are delighted to continue our relationship with National Museums NI in keeping these significant pieces here in the North West, where they were first discovered by local divers. Once restored they will take pride of place in the new DNA museum where they will help tell the wider story of our history and heritage.

    “It’s exciting to see preparations well and truly underway in archiving and restoring the collections that will move to the DNA site, where new technology and facilities will really bring these collections to life.”

    Among the artefacts are a gun carriage wheel and bronze siege gun, canon and other weaponry, textiles and items recovered from the wreck site discovered at Kinnagoe Bay. The collection also documents the remarkable story of the diving expedition which uncovered the treasure trove of artefacts.

    Council’s Head of Culture, Aeidin McCarter, said: “Work is continuing to progress on the delivery of the much-anticipated new DNA Museum which is one of the exciting strategic projects being delivered as part of Derry and Strabane’s City Deal portfolio. The decant and conservation of items from the Tower Museum is an essential part of this process, and will take place gradually over the coming months.

    “We are delighted that the new museum will have the capacity to house the majority of collections currently on display in the Tower Museum in the seven new galleries, with DNA becoming our new civic museum, creating a central hub linking to other tourism experiences across the region. I want to thank National Museums NI for their ongoing support and I look forward to seeing the successful transition to the new site.”

    William Blair, Director of Collections at National Museums NI said: “The Armada collection, and particularly the story of the La Trinidad Valancera – the ship that foundered off the coast of Donegal in 1588 – has an ensuring resonance with the North West and Derry~Londonderry. It’s time at the Tower Museum has helped share its remarkable story with many thousands of visitors.

    “At National Museums NI, we have a responsibility to preserve and protect this important heritage. That’s why we are temporarily bringing the collection back into our care – to conserve it and prepare it for public display at its new home in the DNA Museum, where it can continue to inspire and be appreciated by future generations.”

    The DNA Museum once completed will also include a dedicated archive discovery zone, access to genealogy advice, a temporary exhibition space, multi-purpose learning and events space, café, retail and external interpretation space.

    The galleries will be dedicated to telling the story of the city and wider North West area and will complement the existing museum and heritage venue offering throughout the city. A new website is also being developed to provide enhanced digital collections and online learning resources accessible to everyone.

    Council has successfully completed a Tender process and is currently working with all the relevant project partners on the appointment of a contractor which will be announced in the coming weeks, with work expected to begin on site this summer.

    Anyone who would like to access the Armada exhibition digitally while awaiting its new iteration in DNA can do so online along with associated collections and archives by visiting https://towermuseumcollections.com/la-trinidad-valencera/

    MIL OSI United Kingdom –

    May 8, 2025
  • MIL-OSI United Kingdom: Major grants for community organisations

    Source: Scotland – City of Aberdeen

    The Belmont Cinema, an all-ability wheelchair swing project, youth club equipment, and a community radio station are among a raft of local organisations which are to benefit from grants totalling £965,000 approved today.

    Aberdeen City Council’s Finance and Resources Committee agreed the monies for projects around the city including The Belmont Community Cinema Project, Aberdeen Deeside Rotary Trust, Kingswells Community Centre, and Station House Media Uni (SHMU).

    Committee Convener Councillor Alex McLellan said: “These are major projects which have been awarded funding today and the monies will assist the organisations in bringing forward their respective projects. 

    “These grant applications, from a number of partners and third sector organisations, will make a positive impact on our city in their own way.”

    Council Culture spokesperson Councillor Martin Greig said: “These grants will make a positive difference for organisations and people across Aberdeen. I look forward to seeing the progress on all of these projects in the coming months.”

    A report to committee said the grants awarded included:

    • Aberdeen Deeside Rotary Trust – all-ability wheelchair swing project – £13,000;
    • Aberdeen Performing Arts – building management system upgrade at HMT – £48,895;
    • Aberdeen Science Centre – community engagement and accessibility project – £73,198;
    • Alcohol and Drugs Action – family harm reduction/recovery support – £19,801;
    • Aberdeen City Council – Bucksburn Swimming Pool recommissioning project – £173,140;
    • Befriend a Child – family support project – £19,152;
    • Belmont Community Cinema – improving the entrance project – £100,000;
    • Citymoves Dance Agency – United Aberdeen Dance project – £47,089;
    • Community Outreach Group – upgraded kitchen – £3,800;
    • Denburn Residents and Tenants Association – Upper Denburn Gardens – £10,000;
    • East Grampian Coastal Partnership – Aberdeen City Coastal Path Study – £9,450;
    • Grampian Cardiac Rehabilitation Association – specialist exercise service for people with cardiac and chronic health conditions in Aberdeen – £15,000;
    • Grampian Women’s Aid – support services – £45,470;
    • Growing2gether – strengthening communities by building local skills, wellbeing and resilience project – £28,865;
    • Instant Neighbour – Upcycle Inc Project – £10,000;
    • Kingswells Community Centre – youth club equipment – £876;
    • Sound Scotland – Soundcommunities year 2 – £24,000;
    • Station House Media Unit – extension to Station House – £110,000;
    • Techfest – TechFests Blueprint Challenge: A Future Highstreet – £10,000;
    • The Kings Community Foundation – the Bridge Centre Retrofit – £50,000.

    The report to committee said allocation of grant funding is from the UK Shared Prosperity Fund (UKSPF). The UKSPF money was allocated to the City Council by the UK Government. The core UKSPF element can be used across three priority areas – community and place, supporting local business, and people and skills.

    MIL OSI United Kingdom –

    May 8, 2025
  • MIL-OSI United Kingdom: Grants for VisitAberdeenshire’s cruise ship volunteer programme and Northern Nights campaign

    Source: Scotland – City of Aberdeen

    Grants totalling more than £73,000 have been approved for two schemes which will help bring tourists and visitors to the city.

    Aberdeen City Council’s Finance and Resources Committee today agreed the monies for VisitAberdeenshire. A total of £23,932 will be used for VisitAberdeenshire’s Cruise Volunteer Programme and £50,000 for its Northern Nights campaign.

    Council Culture spokesperson Councillor Martin Greig said: “Aberdeen is a beautiful and historic place and we look forward to sharing it with visitors from abroad and other parts of the country.

    “These two schemes from VisitAberdeenshire will help to attract more people to the city and area and will guide them to what there is to discover while they are here.”

    Committee convener Councillor Alex McLellan said: “Both of these VisitAberdeenshire projects are excellent ways of helping tourists and visitors orientate themselves while they are in the city.

    “We want to attract more people to come and experience Aberdeen for themselves and being able to offer added benefits through the campaign and cruise volunteer scheme will help to do just that.”

    The Cruise ‘Welcome’ Volunteer Scheme was created to meet and help orientate visitors during their first moments in Aberdeen, focusing primarily on cruise passengers arriving in the city.

    The programme aims to provide a positive first impression of the region, create fulfilling volunteering opportunities that upskill local people and generate civic pride, and change the narrative of the region as a tourism destination.

    This funding will enhance the delivery and experience of the welcome volunteer scheme, supporting programme development and preparation for the 2026 season through additional training and recruitment to grow the volunteer pool to 40 people.

    By driving more footfall into Aberdeen businesses during the cruise season, engaging local residents as volunteers, and fostering civic pride, the programme benefits the local economy, people, and place.

    The “Northern Nights: The City Comes to Light” campaign will promote Aberdeen as a vibrant winter destination in early 2026, leveraging cultural events like SPECTRA and Granite Noir to boost hotel occupancy, visitor footfall, and revenue, while supporting local tourism and hospitality businesses through targeted marketing, digital cultural trail maps, and night-time city photography.

    The proposed Northern Nights: the City comes to Light campaign will also promote experiences in the city during the early months of 2026 when nights are longer. The message will be about making this a positive reason to travel and Visit Aberdeenshire intends to bolster hotel occupancy and revenue per available room during these times in the city centre.

    VisitAberdeenshire CEO Chris Foy said “Attention is already turning towards the 2026 cruise season, and this award will not only help to deliver thousands of warm welcomes to our visitors but also contribute towards making volunteering a highly positive experience for local participants. And whilst Aberdeen currently enjoys the early summer sunshine, planning is underway to grow the visitor economy during the winter season.

    “Our inaugural Northern Nights campaign in 2024/25 resulted in over £1/2million of additional visitor spend, demonstrating that our part of the world can shine brightly during the darker months. This funding award will allow us to build on the momentum already created.”

    The report to committee said allocation of grant funding is from the UK Shared Prosperity Fund (UKSPF). The UKSPF money was allocated to the City Council by the UK Government. The core UKSPF element can be used across three priority areas – community and place, supporting local business, and people and skills.

    MIL OSI United Kingdom –

    May 8, 2025
  • MIL-OSI USA: Neag School Class of 2025 Student Profile: Cece Echevarria

    Source: US State of Connecticut

    Editor’s Note: As Commencement approaches, we are featuring some of our Neag School Class of 2025 graduating students over the coming days.

    Major: BS, American Sign Language Education and ASL Studies and minor in Linguistics
    Hometown: West Hartford, Connecticut

    Q: Why did you choose UConn?

    A: Growing up, I knew I would go to UConn. My dad was, and still is, one of the bus drivers for the UConn men’s hockey team, so my sister and I grew up going to the games at the XL Center. The energy was palpable – it just makes you want more. I grew up knowing I wanted to be a teacher, so I was lucky enough to have a university in my home state that offered an amazing program that would give me everything I needed to be a successful educator in five years. Education has always been, and will always be, a huge part of my values. Having the opportunity to learn about new languages and cultures and how the world works is why I chose UConn; I knew I could get all of this and more.

    Q: What’s your major or field of study, and what drew you to it?

    A: I am completing a dual degree in American Sign Language (ASL) education and ASL Studies (concentration in interpreting English and ASL) along with a minor in linguistics. In the first grade, I knew I wanted to be a teacher. I loved going to school; I felt very welcomed by my teachers and my peers. Taking this love for school with me as I grew up, once I entered high school, I had to begin thinking about what I wanted to teach. I had taken Spanish, French, and ASL by the time I began my junior year. I knew languages were something that I loved to learn – the complexity and culture were something that truly drew me to those classes every day. That’s when I knew I wanted to be an ASL teacher – I really wanted to continue learning and teaching others about a community they might have never interacted with before. ASL has made me a more open-minded person, and I hope to help my future students develop this and more skills as they learn ASL about the Deaf community and culture.

    Q: Did you have a favorite professor or class?

    A: My favorite professor is Dr. Catherine Little. She has truly been someone who I can be myself around and who makes me feel reassured that I am on the right path and doing what I need to do. Being a part of the honors program has been rewarding, as I am learning many new skills and diving deeper into my subject area. At the same time, it is so challenging to manage research, student teaching, and social life. Dr. Little has been a person who can calm me and my peers down and make us feel that we are on the right path and that we’ll be successful. So many thanks to Dr. Little for always being there to answer panicked emails and provide many sweet treats when I just needed a break to breathe. Thank you, Catherine!

    Q: What activities were you involved in as a student?

    A: I worked at the Student Union as an audio/visual production specialist. In that job, I had the opportunity to serve as the engagement and inclusion, as well as maintenance and projects, team lead. Working this job for three years, I started out with very minimal knowledge of audio/visual work, but I loved it because of the people. My boss, Jim Wheeler, was someone who could make me laugh but also really challenged me to learn new things and eventually be a leader on the team. Having someone trust me so much to do the job is why I stayed for so long, and I was sad to go! The best part about this job, other than learning completely new skills, was having time to really have experience managing my academics and a job. Time management is something that can be tricky to figure out when you have so much going on, so this was a great opportunity and job for me during much of my college career.

    Q: What’s one thing that surprised you about UConn?

    A: One thing that surprised me was how many school events there are and how many students attend! The Student Union is the campus hub, and thousands of students go there every day. So many events and meetings happen there. The Duck Hunt is my favorite. Going with a few friends to any event can make for a silly UConn memory that will last a lifetime.

    Q: What are your plans after graduation/receiving your degree?

    A: After receiving my degree, I will be returning to UConn to complete the fifth year of the Integrated Bachelor’s/Master’s (IB/M) program. Being the first and only student studying American Sign Language education has been interesting, as my placements in schools have been surprising and enriching. I am hopeful that I will return to my student teaching placement for my internship and continue making connections with students and staff and working on the curriculum. Additionally, I currently coach track and field at my own high school. I am looking forward to working with those student-athletes for another two seasons. Coaching has been an amazing opportunity to give back to the same program I participated in during high school.

    Q: How has UConn prepared you for the next chapter in life?

    A: UConn, specifically the Neag School of Education, has prepared me by providing me with opportunities to get hands-on experience in my field and get in-depth feedback on it. I have been so lucky to learn from other educators currently in the field and have the sandbox time to figure out what kind of teacher I am. Being accepted into the Neag School has been my goal since applying to UConn, and I wouldn’t change it for the world!

    The Neag School of Education, has prepared me by providing me with opportunities to get hands-on experience in my field and get in-depth feedback on it. &#8212 Cece Echevarria

    Q: Any advice for incoming students?

    A: My advice for incoming students is to not be afraid to advocate for yourself. It is easy to get caught up in all your newfound freedom and hobbies and friends in college, but it is so important to be able to speak up for the things you need. This doesn’t only pertain to getting help if you’re struggling in a class. This is about asking for opportunities to further your skills. Internships and letters of recommendation. Getting the right information about classes you should take and how it can help you reach your goals. Being able to investigate the things that you want to do further is going to take you farther in college than anything else. Don’t be afraid to do it; the people around you will trust you and support you when they hear directly from you about your goals and how you want to achieve them.

    Q: What’s one thing everyone should do during their time at UConn?

    A: The easy answer: a women’s basketball game. A basketball game in general, yes, but the energy at a women’s game is unmatched. Go with a group of friends and have a good time. No matter where you sit, you’re bound to cheer as loud as you can, dance to good music, and hopefully catch a shirt or a pair of socks when they do a toss into the stands. Many people come to UConn for the love of the game, and I believe it is worth experiencing that energy where all UConn students can get together and cheer on our team.

    Q: What will always make you think of UConn?

    A: The Basketball Capital of the World!

    MIL OSI USA News –

    May 8, 2025
  • MIL-OSI USA: Rodney Butler, Ahead of CAHNR Commencement Speech, Reflects on Decades Spent Helping His Tribe

    Source: US State of Connecticut

    Rodney Butler, Chairman of the Mashantucket Pequot Tribal Nation, never aspired to become a Tribal leader. Yet, he has served on tribal council for over two decades, overseeing tremendous progress for his tribe.

    Butler ‘99 (BUS) will deliver the commencement address for the College of Agriculture, Health and Natural Resources (CAHNR) on May 10, 2025. He will also be awarded an honorary degree “in recognition of extraordinary and lasting distinction.”

    “I can’t think of someone more deserving and better suited to usher our class of 2025 into their next chapter,” says CAHNR Dean Indrajeet Chaubey. “Rodney’s ability to make a difference through innovation, collaboration, and a drive for the common good is remarkable. It’s a model we can all look to and learn from.”

    Butler studied finance at UConn and initially intended to work on Wall Street.

    From left, Chief/Treasurer Marilyn Malerba, former Secretary of the Interior Deb Haaland, and Rodney Butler in DC. (Contributed photo)

    “I’ve had my own savings account since I was four or five years old, and I’ve always been an avid investor,” Butler says. “The stock market was pretty steady in the 90s and my father set me up with a small investment account and I was dabbling with that and growing that, and I just fell in love with finance and analytics.”

    Butler was also a member of the UConn Football team, playing defensive back during his undergraduate years.

    After graduation, Butler returned to Mashantucket Pequot Tribal Nation to work as a financial analyst for Foxwoods Resort Casino. He later served as the interim CEO of Foxwoods in 2018.

    “Coming out of college and coming back to work for my tribe, it was just such an incredible honor to be able to do that, to give back to my community and work for my family,” Butler says.

    Butler transitioned to managing the Tribe’s non-gaming assets, like hotels, golf courses, and a pharmaceutical company. Through this work, Butler joined various governmental committees that support the Tribal Council.

    “I enjoyed it, and I was making contributions,” Butler says. “Even then, though, I didn’t think I would get into tribal leadership.”

    When Tribal Council elections rolled around in 2004, a cousin encouraged Butler to run. And he won.

    Two weeks later, Butler’s first child, his son, was born.

    “It gave me a much different perspective,” Butler says. “Yes, I’m doing this for my larger tribal family. But what I’m working for every single day is that baby at home and making sure that I’m doing right by him. It kept me humbled, grounded, and focused on long term success for the Tribe.”

    After seeing the Tribe through the 2008 financial crisis as its treasurer, Butler was elected to his first term as chairman in 2010. He has held the position ever since.

    Butler, center, with the UConn Native American and Indigenous Studies team at the Mashantucket Pequot Tribal Nation powwow. (Contributed photo)

    “Because [my tribe] it’s my family, it’s personal, and every day knowing that I’m working to make a life better for them, and the tens of thousands of people who rely on Pequot, that’s very, very rewarding and keeps you driven,” Butler says.

    Despite his profile as a leader, Butler credits everything he does to community efforts.

    “What I do, especially in this position, is all about teamwork and working together for a collective success,” Butler says.

    The Mashantucket Pequot Nation was federally recognized in 1983. Since then, the tribe has made great strides developing their economy and community infrastructures.

    “What we’ve done in the last 40 years as a Tribal Nation, going from rocky ledge and wooded land, raising pigs and producing maple syrup, to a billion-dollar enterprise with multiple business units and a thriving community…to me that’s the accomplishment,” Butler says. “There’s been so much growth in a very short period of time that you just can’t help but be proud of what this community has accomplished.”

    Since 2017, the Tribe has partnered with UConn Extension to develop their agricultural infrastructure.

    This partnership has been supported by a Federally Recognized Tribes Extension Program grant through the U.S. Department of Agriculture National Institute of Food and Agriculture program.

    This collaboration stemmed from the initiative of tribal members who wanted to develop agriculture to support the tribe’s food sovereignty, or the ability of a community to feed itself.

    “It initially was just a labor of love by my cousins Jeremy Whipple and Councilor Menihan with a dream to achieve food sovereignty,” Butler says. “Their efforts and the relationship with UConn kept blossoming organically into a thriving agriculture department that has become a core initiative for our community.”

    Meechooôk Farm on the Mashantucket Pequot Tribal Nation is now a vibrant food producer for the tribe. The farm includes produce, cattle, hydroponic tunnels, and a sugar shack.

    In 2021, the Tribe established the Mashantucket Pequot Tribal Nation Department of Agriculture.

    “The passion of everyone at UConn for this and the commitment that UConn has made to the tribe and vice versa – these are lifelong friendships that just continue creating success as we grow our agriculture initiatives here,” Butler says.

    Butler (front left) at Meechooôk Farm on the Mashantucket Pequot Tribal Nation with former General Counsel for the U.S. Department of Agriculture, Janie Simms Hipp, and CAHNR Dean Indrajeet Chaubey (Jason Sheldon/UConn Photo)

    Mashantucket Pequot recently hosted a food sovereignty conference with more than 30 tribes from the Northeast represented, highlighting their relationship with UConn and how it has supported the tribe’s food sovereignty efforts.

    “We as a tribe have the ability to provide for our own in a way that we didn’t prior,” Butler says. “We’re thankful that UConn has been committed to helping us get to this level of self-resilience from a food perspective, and we’re continuing to build on it.”

    This work is one example of many that Butler has seen throughout his life and career that highlights the importance of collaboration.

    Butler encourages this year’s graduating class to remember, as he has, that everything is built through working with others.

    “I live through the notion that people are all so interconnected and you have to realize how much we need each other,” Butler says. “Real success is pulling others in, lifting them up, working together, and having that shared success.”

    Follow UConn CAHNR on social media

    MIL OSI USA News –

    May 8, 2025
  • MIL-OSI USA: Neag School Class of 2025 Student Profile: Teddi Ferraro

    Source: US State of Connecticut

    Editor’s Note: As Commencement approaches, we are featuring some of our Neag School Class of 2025 graduating students over the coming days.

    Major: BS, Sport Management with minor in Communication
    Hometown: Bethel, Connecticut

    Q: Why did you choose UConn?

    A: Not only was UConn my top choice when looking into continuing my academic career, but it was close enough to my home in Connecticut yet still far enough away, and I heard amazing things about the Sport Management program. Since I graduated high school in 2021, I wasn’t able to get a real tour of the campus due to COVID restrictions, but when I drove through with my family, I knew it was the place for me! I fell in love with the campus very early on and couldn’t see myself going anywhere else. The athletics program here is also outstanding, and I knew that I wanted to be a part of that from early on in my college search. Plus, I have always been a UConn fan!

    Q: What’s your major or field of study, and what drew you to it?

    A: I am a sport management major with a minor in communication. Despite being plus-sized for most of my life, I have always been drawn to sports. My time in high school consisted mostly of working with my town’s youth baseball association and youth football and competitive cheer program. From that point on, I knew I wanted to completely immerse myself in the realm of sport despite not technically fitting the “stereotypical” description of a woman in sport; this, in fact, continues to fuel my ambition. I fell in love with the creative side of it, whether it be photography or marketing, and I knew that this was the path I was meant to follow.

    Q: Did you have a favorite professor or class?

    A: All the professors in the Sport Management program have been absolutely amazing and helpful in so many different ways. If I had to pick just one, though, Dr. Danielle DeRosa  truly has been one of my favorite professors ever. Dr. DeRosa, while not only my professor but also my advisor and I would argue my friend, has pushed me to be the best version of myself, not only academically but professionally and personally. She is the true embodiment of what a professor should be and the kind of person I strive to be in the future.

    Q: What activities were you involved in as a student?

    A: As a student I was the treasurer of the UConn Women in Sport club, a member of Sport Business Association, a UConn Athletics marketing intern, the communication specialist for the Department of Educational Leadership in the Neag School of Education, and a student youth outreach and educational assistant for UConn Husky Nutrition and Sport.

    Q: What’s one thing that surprised you about UConn?

    A: Something that surprised me about UConn was how close everyone was. While UConn is such a big school with so many students, everybody knows somebody who knows somebody else. Coming from a smaller town, I knew I wanted to go to a bigger school, but I was nervous about making friends when I got here. In the end, everyone was in the same boat, and I met so many people who also knew each other. The close-knit community that UConn really has surprised me a lot.

    Q: What are your plans after graduation/receiving your degree?

    A: I think it’s okay to say that I am not completely sure what my plans are after graduating and receiving my degree. My plan for right now is to go home and work my summer job at the YMCA as a head teacher and then look for a job in sports marketing in June or August. I’m keeping an open mind to all possibilities!

    Q: How has UConn prepared you for the next chapter in life?

    A: While not only helping me make some of my best friends, UConn really boosted my confidence in myself. I wouldn’t have been able to get to this point without the people I have met along the way here. I know I am capable of being my own person no matter the path that I follow. If it weren’t for UConn, I don’t know where I would be in life right now.

    While not only helping me make some of my best friends, UConn really boosted my confidence in myself. &#8212 Teddi Ferraro

    Q: Any advice for incoming students?

    A: One of my internship supervisors once gave me some advice, a Carrie Fisher quote: “Stay afraid but do it anyway.” Life gets scary sometimes, and moving to UConn could be one of those things for you. However, living through the discomfort of a new place, while scary, might be so rewarding that you might end up loving it so much! Try new things, meet new people, be afraid, but do it regardless.

    Q: What’s one thing everyone should do during their time at UConn?

    A: In true sport management fashion, everyone should at least try to attend athletic events at UConn during their time here, especially basketball! There is nothing quite like the atmosphere in Gampel Pavilion. Get out there and support the Huskies!

    Q: What will always make you think of UConn?

    A: Not to sound like a broken record, but when I think of UConn, I think of basketball, the opportunities that I have been given, and the things that I have experienced, all because of the sports, programs, and people that I have met along the way. Working games and being in Gampel Pavilion will always have a place in my heart, and I will never be able to think of UConn without it.

    MIL OSI USA News –

    May 8, 2025
  • MIL-OSI USA: Neag School Class of 2025 Student Profile: Rocco DeSantes

    Source: US State of Connecticut

    Editor’s Note: As Commencement approaches, we are featuring some of our Neag School Class of 2025 graduating students over the coming days.


    Major:
    BS, Sport Management
    Hometown:
    Marshfield, Massachusetts

    Q: Why did you choose UConn?

    A: I chose UConn because the University provided me with the best opportunity to support my academic journey and career aspirations. UConn was highly recommended by some of my older friends who were undergraduate students at the time. They raved about the school’s student-driven culture and the number of opportunities and resources that the campus and different schools offered to its students. I would be lying, too, if the sports culture at the school wasn’t a top priority for me as I was looking to immerse myself in that type of environment. The recommendation, comfort of familiarity, and proximity to home drew me to the University, and upon admission, it was an easy and quick decision for me.

    Q: What’s your major or field of study, and what drew you to it?

    A: I am a sport management major at the Neag School of Education. Like most majors, my interest started at an early age with a passion for sports. When it came to furthering my academic journey and beginning to explore career interests, I was drawn to sport management. I discovered UConn’s Sport Management program and was immediately motivated to pursue this major and career.

    Q: Did you have a favorite professor or class?

    A: My favorite professor while at UConn is Dr. Danielle DeRosa in the Sport Management program. Dr. DeRosa teaches the career development course in the Sport Management program, and she is one of the first people you meet in the program to support you in your undergraduate studies. Dr. DeRosa puts the student first and provides immense support when navigating your academic and career aspirations. She provides students with many resources to be successful and cares about each student and their successes. Dr. DeRosa is an incredible professor at the University of Connecticut, but more importantly, she is an amazing person, and I am grateful to have met her during my undergraduate experience at UConn.

    Q: What activities were you involved in as a student?

    A: As an undergraduate student, I had the opportunity to work for the UConn women’s basketball team as a student manager. This opportunity shaped my entire undergraduate experience. I was able to work for a prestigious program, gain valuable real-world experience, travel to new places all over the world, and further my academic journey and career aspirations while gaining internship credit for school. On top of this experience, I was involved in the UConn Sports Business Association and UConn’s TME Mentor program. These activities shaped my experience as a student at UConn.

    Q: What’s one thing that surprised you about UConn?

    A: One thing that surprised me at UConn was the close-knit community feel that was driven by the student body. With over 20,000 students, I initially thought that the large state school UConn community was larger than one could imagine. Still, the students create a community on campus that feels extremely close, like a family. From the classroom to sporting events, the UConn community makes you feel like you’re a part of one big Husky family.

    Q: What are your plans after graduation/receiving your degree?

    A: Following graduation, I have accepted a position with the UConn women’s basketball team as a graduate assistant. I will be continuing my academic journey, pursuing a master’s degree in Sport Management from the University of Connecticut.

    Q: How has UConn prepared you for the next chapter in life?

    A: UConn has prepared me for the next chapter in life by providing me with an unforgettable undergraduate experience. The resources and opportunities that the University offers its students prepare you for your next chapter in life. I have gained valuable real-world, hands-on experience as well as developed transferable skills needed to be successful in any field. I have networked and built strong relationships with both students and faculty that will last a lifetime.

    UConn has prepared me for the next chapter in life by providing me with an unforgettable undergraduate experience. &#8212 Rocco DeSantes

    Q: Any advice for incoming students?

    A: My biggest piece of advice for incoming students is you will get what you put into your experience at UConn. You can’t wait for opportunities to fall into your lap; you have to go out, look for them, and jump on them. UConn offers students many opportunities, resources, and support to be successful, but it is on the individual student to put the most into their own experience.

    Q: What’s one thing everyone should do during their time at UConn?

    A: One thing everyone should do at UConn is attend a sporting event. UConn sports culture is unmatched. You will always have a place where you feel like you belong when it comes to UConn sports. The school spirit and the passion the students have for the sports team are an experience you cannot miss out on as a Husky.

    Q: What will always make you think of UConn?

    A: One thing that will always make me think of UConn is the Husky logo. This logo represents much more than just the University’s mascot and the school’s logo. The logo represents a community, a family, and a culture that no other university has. Whenever you see someone wearing the Husky logo, you can count on yelling out ‘UConn’ and hearing a Husky’s response. I will always bleed blue, and the Husky logo will remind me of UConn and my unforgettable undergraduate memories and experiences.

    MIL OSI USA News –

    May 8, 2025
  • MIL-OSI Security: Pennsylvania Man Sentenced for Role in Drug Trafficking Operation

    Source: Office of United States Attorneys

    CLARKSBURG, WEST VIRGINIA – James Evans, 35, of Horsham, Pennsylvania, was sentenced to 235 months in federal prison for his role in a drug trafficking organization that sold large amounts of methamphetamine, fentanyl, and cocaine in Monongalia County.

    According to court documents and statements made in court, Evans traveled from the Philadelphia area to Monongalia County to sell controlled substances. During the execution of a search warrant on an apartment in Morgantown, officers found Evans asleep with a loaded pistol, three more stolen firearms, more than 500 grams of methamphetamine, more than 150 grams of fentanyl, and cocaine. Evans has prior drug and firearms convictions.

    Evans will serve three years of supervised release following his prison sentence.

    Assistant U.S. Attorney Zelda Wesley prosecuted the case on behalf of the government.

    This case was investigated by the Mon Metro Drug Task Force, a HIDTA-funded initiative. The task force consists of the Federal Bureau of Investigation; the Bureau of Alcohol, Tobacco, Firearms, and Explosives; the Drug Enforcement Administration; the West Virginia State Police; the Monongalia County Sheriff’s Office; the Monongalia County Prosecuting Attorney’s Office; the Morgantown Police Department; the WVU Police Department; the Granville Police Department; and the Star City Police Department.

    This investigation is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    Chief U.S. District Judge Thomas S. Kleeh presided.

    MIL Security OSI –

    May 8, 2025
  • MIL-OSI Security: Harrison County Man Sentenced for Selling Methamphetamine

    Source: Office of United States Attorneys

    CLARKSBURG, WEST VIRGINIA – Shawn Michael Bork, 49, of Mount Clare, West Virginia, was sentenced to 180 months in federal prison for selling methamphetamine in Harrison County, WV.

    According to court documents and statements made in court, Bork was selling methamphetamine, at time using social media to traffic drugs. A search of his apartment resulted in the seizure of a firearm, methamphetamine, fentanyl, and a duffle bag containing $166,315 in cash. Bork has prior convictions for violation of a domestic violence order, harassment, obstructing, transporting controlled substances into a prison, and drug trafficking.

    Bork will serve three years of supervised release following his prison sentence.

    Assistant U.S. Attorney Andrew Cogar prosecuted the case on behalf of the government.

    This case was investigated by the Greater Harrison Drug Task Force, a HIDTA-funded initiative.

    Chief U.S. District Judge Thomas S. Kleeh presided.

    MIL Security OSI –

    May 8, 2025
  • MIL-OSI Security: Two Sentenced for Roles in Eastern Panhandle Drug Trafficking Organization

    Source: Office of United States Attorneys

    MARTINSBURG, WEST VIRGINIA – Two people have been sentenced for selling large quantities of crystal methamphetamine, fentanyl, cocaine, and heroin in Berkeley, Morgan, and Hampshire Counties.

    Andrew Ross Hose, age 40, of Bunker Hill, West Virginia, was sentenced to 293 months in prison. Bradley Allen Lopp, age 36, of Bunker Hill, West Virginia, was sentenced to 24 months in federal prison.  According to court documents and statements made in court, Hose and Lopp worked with the drug trafficking organization to sell controlled substances in the Eastern Panhandle.

    Hose will serve five years of supervised release following his prison sentence. Lopp will serve three years of supervised release.

    Assistant U.S. Attorney Lara Omps-Botteicher prosecuted the case on behalf of the government.

    The Potomac Highlands Drug Task Force, a HIDTA-funded initiative, investigated.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    U.S. District Judge Gina M. Groh presided. 

    MIL Security OSI –

    May 8, 2025
  • MIL-OSI: Best Online Casinos Canada: 7Bit Casino Voted #1 by Experts for Canadian Players

    Source: GlobeNewswire (MIL-OSI)

    WINNIPEG, Manitoba, May 07, 2025 (GLOBE NEWSWIRE) — 7Bit Casino is a massive hit among the online casinos in Canada for 2025, especially for players who love crypto. It’s packed with exciting games, super easy payment options, and a vibe that puts players first. Whether you’re spinning the best online pokies, enjoying live casino action, or chasing huge jackpots, this brand new online casino has everything you need for a fun and rewarding experience.

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    “Our goal is to guide Canadian players to the best online casinos Canada that are thrilling, fair, and worth their time,” said a reviewer. “7Bit Casino is a pay ID casino that delivers amazing games, quick payouts, and a fresh, player-friendly feel.”

    A Player-First Review of the Best Online Casinos Canada

    To find the best online casinos Canada, experts checked out what matters to players:

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    “With over 7,000 games from nearly 50 top companies, 7Bit Casino has the biggest and best game lineup among the online casinos in Canada,” the reviewers said. “From the best online pokies to live dealer tables, it’s got something for everyone.”

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    Here’s why 7Bit Casino is a leader among the best online casinos in Canada:

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    Exploring 7Bit Casino’s Game Collection: A Key to Being the Best Online Casino Canada

    What makes 7Bit Casino one of the best online casinos in Canada is its huge game library. With over 7,000 titles, it’s like a candy store for gamers, offering something for every mood and style.

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    If you’re into slots, 7Bit Casino is your dream spot. It’s got over 7,000 slot games, making it a haven for the best online pokies. You’ll find classics like Starburst by NetEnt and fresh hits like Booming Fruit 243. Want a shot at a huge payout? Try progressive jackpot slots from BetSoft or Amatic. From simple three-reel games to modern video slots with cool themes, 7Bit Casino has it all.

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    2. Ongoing Deals and Tournaments

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    7Bit Casino keeps things fresh with weekly reload bonuses, cashback, and free spins. They also run tournaments where you can compete for cash, spins, or a spot at the top of the leaderboard. It’s why 7Bit Casino is a brand new online casino that players love.

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    Cards and E-Wallets

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    Safe and Fair: Why 7Bit Casino Is Trusted Among the Best Online Casinos Canada

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    Help When You Need It: Awesome Support at the Best Online Casinos Canada

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    Playing Smart: Responsible Gaming at the Best Online Casinos Canada

    7Bit Casino takes safe gaming seriously, making it a leader among the best online casinos Canada. As an anonymous online casino, it offers private crypto payments but still follows strict ID checks for safety. You can use tools like:

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    Tournaments and Community: Extra Fun at the Best Online Casinos Canada

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    VIP Program: Sweet Perks for Loyal Players

    7Bit Casino’s VIP program is another reason it’s one of the best online casinos Canada. Play more to earn points, climb levels, and unlock goodies like bigger bonuses, faster cashouts, and a personal account manager. It’s a great way to get more from this new online casino.

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    Why Canadians Can’t Get Enough of 7Bit Casino

    7Bit Casino is built with Canadian players in mind, which is why it’s a top choice among the best online casinos Canada. Here’s what makes it so popular:

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    How to Join 7Bit Casino: Your Ticket to the Best Online Casinos Canada

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    Social Responsibility: Giving Back to the Community

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    Why 7Bit Casino Rules the Best Online Casinos Canada in 2025

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    Final Words About Best Online Casinos in Canada – 7Bit Casino

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    Frequently Asked Questions About the Best Online Casinos Canada

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    Disclaimer & Affiliate Disclosure

    This article is for info and promo purposes only, not legal or financial advice. We’ve tried to keep it accurate, but things can change, so check stuff yourself. We’re not responsible for any mistakes or issues from using this info.

    We might earn a bit if you click our links and spend money, but it doesn’t cost you extra. Those links don’t mess with our honest opinions. Gambling’s for folks 19+ in Canada and can be risky. Play smart and get help if it stops being fun.

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    The MIL Network –

    May 8, 2025
  • MIL-OSI: Fastest Payout Online Casinos: JACKBIT Ranked #1 for Instant Withdrawals with No Verification

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, May 07, 2025 (GLOBE NEWSWIRE) — In the dynamic world of online gambling, speed is a game-changer. Players want their winnings quickly, without delays or complicated processes. After evaluating numerous platforms, JACKBIT stands out as the fastest payout online casino for 2025.

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    JACKBIT Casino Features: A Comprehensive Overview

    JACKBIT’s appeal as the fastest payout online casino is rooted in its robust features, designed to enhance the player experience:

    Feature Details
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    Game Count Over 6,000 titles from 90+ providers
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    Customer Support 24/7 via live chat and email
    License Curacao Gaming Authority
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    What Sets JACKBIT Apart from Other Crypto Casinos?

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    These advantages make JACKBIT a standout new instant withdrawal casino for 2025.

    Pros and Cons of JACKBIT Casino

    To offer a balanced perspective, here’s a detailed look at JACKBIT’s strengths and weaknesses:

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    Over 6,000 games from 90+ providers Withdrawals are crypto-only, limiting fiat options
    No KYC policy for crypto users Some bonuses have specific wagering requirements
    Supports 16+ cryptocurrencies and fiat deposits Curacao license may not suit players seeking stricter regulation
    24/7 multilingual customer support  
    Generous bonuses, including 30% Rakeback and 100 free spins  

    These factors make JACKBIT a compelling choice among online casinos with instant withdrawal, though players should weigh the cons based on their preferences.

    How to Join JACKBIT Casino

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    This streamlined process reflects JACKBIT’s commitment to accessibility, making it a top pick for those seeking same day withdrawal online casinos.

    How We Selected JACKBIT as the Fast Paying Online Casino

    Our selection process for the best online casinos that payout instantly was rigorous, ensuring only the most reliable platforms were recommended. We evaluated JACKBIT based on the following criteria:

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    JACKBIT outperformed competitors across these metrics, earning its title as the best fast payout casino for 2025.

    License and Security

    JACKBIT operates under a Curacao Gaming License, ensuring compliance with industry standards for fair play and player protection. While Curacao’s regulations are less stringent than those of the UKGC or MGA, they provide a solid framework for a secure gaming environment. The platform employs advanced SSL encryption to safeguard player data and transactions, and its provably fair crypto games allow players to verify game outcomes independently.

    The no-KYC policy for crypto users is a significant advantage for privacy-conscious players, enabling anonymous play without compromising security. This feature positions JACKBIT as a leader among fast payout online casinos for those prioritizing discretion.

    Bonuses and Promotions

    JACKBIT’s bonuses enhance the gaming experience for both new and returning players:

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    These promotions, combined with fair terms, make JACKBIT a top choice among best online casinos fast payout for value-driven players.

    Casino Games

    JACKBIT’s game library is a cornerstone of its appeal, offering over 6,000 titles across multiple categories. This diversity ensures it caters to all player preferences, solidifying its status as a fast payout casino.

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    Online Slots

    Slots dominate JACKBIT’s offerings, with over 5,000 titles ranging from classic 3-reel games to modern video slots and progressive jackpots. Popular games include:

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    These games, with high RTPs and engaging features, make JACKBIT a prime destination for slot enthusiasts.

    Blackjack

    Blackjack players can enjoy multiple variants, including:

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    Live blackjack tables, powered by Evolution Gaming, add an immersive element, appealing to players at instant withdrawal casinos.

    Roulette

    Roulette options include European, French, and American variants:

    • European Roulette: 2.7% house edge, ideal for beginners.
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    Live roulette tables enhance the experience with real-time interaction.

    Poker

    JACKBIT offers video poker and live poker games, including:

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    Live Dealer Games

    Powered by Evolution Gaming, JACKBIT’s live dealer section includes:

    • Live Blackjack: Multiple tables with varying stakes.
    • Live Roulette: European and French variants with professional dealers.
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    These games replicate a land-based casino atmosphere, making JACKBIT a leader among fastest paying online casinos.

    Craps

    Craps offers fast-paced dice action with bets like Pass Line (1.41% house edge) and Don’t Pass (1.36% house edge). Its inclusion adds variety to JACKBIT’s portfolio, appealing to players at same day withdrawal online casinos.

    Sportsbook

    JACKBIT’s sportsbook covers over 140 sports, including football, basketball, tennis, cricket, esports, and virtual sports. With over 82,000 live monthly events and 75,000 pre-match events, it offers competitive odds and live betting options. Features include:

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    This comprehensive sportsbook enhances JACKBIT’s appeal as a quick pay casino, catering to sports betting enthusiasts alongside casino players.

    Specialty Games

    JACKBIT also offers lottery, scratch cards, and instant win games for quick, casual play. These games provide a break from traditional casino offerings, enhancing the platform’s versatility.

    Casino Game Providers

    JACKBIT, fast payout online casino, collaborates with 90+ industry-leading providers to deliver its extensive game library:

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    • Microgaming: Renowned for progressive jackpots like Mega Moolah.
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    These partnerships ensure JACKBIT’s games are fair, engaging, and cutting-edge, reinforcing its position as a fast payout casino.

    Fastest Payout Methods at JACKBIT

    JACKBIT’s payment options are tailored for speed and flexibility, making it a standout fastest payout online casino.

    Cryptocurrencies

    JACKBIT supports over 16 cryptocurrencies, including:

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    • Cardano (ADA)
    • Dogecoin (DOGE)
    • Binance Coin (BNB)
    • Monero (XMR)
    • USD Coin (USDC)
    • TRON (TRX)
    • Polygon (MATIC)
    • DAI
    • SHIBA INU
    • Chainlink (LINK)

    Deposits are instant and fee-free, while withdrawals are processed in under 10 minutes, often instantly, making JACKBIT a leader among online casinos with instant withdrawal. The platform’s crypto focus ensures enhanced security and anonymity, ideal for players seeking an instant pay casino.

    Fiat Methods

    For deposits, JACKBIT accepts:

    • Visa
    • MasterCard
    • Bank Transfer
    • Google Pay
    • Apple Pay

    However, withdrawals are crypto-only, which may limit options for fiat users. Processing times for fiat deposits are instant, but withdrawals via crypto maintain JACKBIT’s same day withdrawal online casinos status.

    Buy Crypto Option

    JACKBIT offers a “Buy Crypto” feature, allowing players to purchase cryptocurrencies directly on the platform using fiat methods. This simplifies the process for newcomers, enhancing accessibility at this quick pay casino.

    Limitations

    Weekly withdrawal limits are €10,000, with monthly caps at €20,000, which may affect high rollers. The crypto-only withdrawal policy, while fast, may inconvenience players preferring fiat payouts. Despite these, JACKBIT’s payment system excels for those prioritizing speed and security.

    Payment Method Deposit Time Withdrawal Time Fees
    Cryptocurrencies Instant <10 minutes None
    Visa/MasterCard Instant N/A (crypto-only) Varies
    Bank Transfer 1–3 days N/A (crypto-only) Varies
    Google Pay/Apple Pay Instant N/A (crypto-only) Varies

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    Customer Support

    JACKBIT provides 24/7 customer support via live chat and email (support@JACKBIT.com). The team is fluent in multiple languages, including English, and responds promptly to queries. A comprehensive FAQ section addresses common issues, such as account setup, withdrawals, and bonus terms, enhancing the support experience. This reliability makes JACKBIT a top choice among the best online casinos fast payout.

    Responsible Gambling at JACKBIT

    JACKBIT is committed to promoting responsible gambling, offering tools to help players manage their gaming habits:

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    These tools, combined with access to support resources like the National Council on Problem Gambling, ensure JACKBIT remains a responsible fast payout casino by prioritizing player well-being.

    Mobile Gaming Experience

    JACKBIT’s mobile-optimized website delivers a seamless gaming experience on smartphones and tablets, despite the absence of a dedicated app. Players can access the full game library, manage accounts, and process transactions with ease. The responsive design adapts to various screen sizes, ensuring smooth navigation and fast loading times. Key features include:

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    This mobile compatibility makes JACKBIT a top choice for players seeking online casinos with instant payout on the go.

    User Experience and Interface

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    This user-centric design enhances the overall experience, positioning JACKBIT among new instant withdrawal casinos for accessibility and engagement.

    Comparing JACKBIT to Other Fast Payout Casinos

    Compared to competitors, JACKBIT excels in several areas:

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    • Game Variety: Over 6,000 games surpass most competitors’ offerings.
    • Privacy: The no-KYC policy is a unique advantage for crypto users.
    • Sportsbook: Comprehensive sports betting options add versatility, unlike many casino-only platforms.

    While some casinos offer stricter regulatory oversight or broader fiat withdrawal options, JACKBIT’s focus on speed, privacy, and variety makes it a preferred instant withdrawal casino for 2025.

    Sportsbook Excellence

    JACKBIT’s sportsbook is a standout feature, offering betting on over 140 sports, including:

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    • Niche Markets: Darts, snooker, and table tennis.

    With over 82,000 live monthly events and 75,000 pre-match events, the sportsbook provides competitive odds and live betting options. Features include:

    • Live Streaming: Watch select events directly on the platform.
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    • Sports Welcome Bonus: 100% refund on a losing first bet (minimum $20).

    This comprehensive sportsbook enhances JACKBIT’s appeal as a fast payout casino, catering to sports betting enthusiasts alongside casino players.

    Popular Games with Bonus Opportunities

    JACKBIT ties promotions to popular games, offering extra incentives:

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    JACKBIT Casino Conclusion: The Ultimate Fast Payout Casino

    After evaluating numerous fast payout online casinos, JACKBIT emerges as the top choice for 2025. Its extensive game library, featuring over 6,000 titles, caters to every player preference, from slots to sports betting. The platform’s status as the fastest payout online casino, with instant crypto withdrawals, ensures players access their winnings without delay. Generous bonuses, including a 30% Rakeback welcome offer and 100 free spins, provide exceptional value, while the no-KYC policy enhances privacy for crypto users.

    JACKBIT’s commitment to player satisfaction is evident in its 24/7 multilingual support, mobile-optimized design, and robust responsible gambling tools. The comprehensive sportsbook, covering 140+ sports with live betting and competitive odds, adds versatility, making JACKBIT a one-stop shop for gaming and betting. While the Curacao license and crypto-only withdrawals may not suit everyone, these are minor drawbacks compared to the platform’s strengths.

    For players seeking a best fast payout casino with variety, speed, and security, JACKBIT is unmatched. Join today at JACKBIT and experience why it’s the fastest paying online casino for 2025.

    Email: support@JACKBIT.com

    Legal Disclaimer
    This content is for informational and entertainment purposes only and does not constitute legal, financial, or gambling advice. Information is provided “as is,” with no warranties regarding accuracy or completeness. Readers must verify details and ensure compliance with local gambling laws. The publisher and authors are not liable for any losses or consequences from relying on this information.

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    The MIL Network –

    May 8, 2025
  • MIL-OSI Global: The dangerous business of predicting the death of popes – a history

    Source: The Conversation – UK – By Michelle Pfeffer, Research Fellow in Early Modern History, University of Oxford

    Portrait of Michel de Nostredame (Nostradamus), painted by his son César de Nostredame. Wiki Commons

    Michel de Nostredame (1503-66), better known as Nostradamus, is often hailed as one of the most successful prophets of all time. Said to have foreseen major world events from the rise of Hitler to COVID, the 16th-century astrologer was recently credited with predicting Pope Francis’s death – and what would happen next.

    ‘Through the death of a very old Pontiff

    A Roman of good age will be elected.

    Of him it will be said that he weakens his seat

    But long will he sit in biting activity.

    Like all the quatrains in Nostradamus’s collection of prophecies, Les Prophéties (1555-68), this one is as enigmatic as it is flexible. Short, sweet and decontextualised, his prophetic poems feel timeless, and it is deliciously satisfying to recognise a real-world correlation. The problem is that his prophecies are so vague that they can be linked to any number of events – or old Pontiffs.

    Nostradamus’s “dark and cryptic” language was intentional. If he had been more explicit, not only his career, but perhaps even his life, may have been at risk.


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    Many of his prophecies concerned the rise and fall of the great and the good, and political prophecy was a high-risk business. In ancient Rome, astrologers had been expelled from the city for forecasting the death of emperors, and Renaissance leaders were no less paranoid. To avoid “scandalising and upsetting”, Nostradamus chose to veil his true meaning.

    This was not just a matter of self-preservation, but also a way to obscure politically explosive information. Claiming to know when a civic or church leader might die was valuable intelligence. This made astrology a key tool of Renaissance spy-craft, but also a dangerous weapon that needed to be monitored and regulated.

    Astrology, politics and the papal court

    As a system that promised to forecast plagues, natural disasters, war, and even the economy, astrology was a logical interest for Renaissance rulers.

    Universities taught their students how to make these predictions, and for some lucky graduates this led to a job in a royal, princely, or even papal court. Here their horoscopes could inform political decision-making and produce potent astrological propaganda.

    A horoscope for the founding of St. Peter’s Basilica in the Vatican in April 1506, cast by the astrologer Luca Gaurico. Luca Gaurico (1552).
    Tractatus Astrologicus

    Despite the condemnations of theologians, many popes patronised astrologers and sought their guidance.

    Julius II (1443-1513) chose the start date for the construction of Saint Peter’s Basilica based on astrological counsel. Leo X (1475-1521) founded a professorship in astrology at Rome’s first university, La Sapienza. And Paul III (1468-1549), heeding the judgment of the astrologer Luca Gaurico, appointed his grandson a cardinal at just 14.

    In a period in which popes could have a decisive impact on international politics, speculation about the health of the pontiff was rampant. Astrologers capitalised on this.

    When Ludovico Sforza (1452-1508), de facto ruler of Milan, asked his astrologer to predict the death of Innocent VIII, it was nothing unusual. The answer was that the pope would die around August 10 1492, if not sooner. When Innocent died on July 25, Ludovico was no doubt pleased. As the historian Monica Azzolini has shown, he had consulted his astrologer in the hope the next pope would be more supportive of his illegitimate regime.

    Some popes asked astrologers about their own deaths. But they didn’t like it so much when others did so – especially when the forecasts were made public. Even worse, such predictions often fed into Protestant propaganda.

    Popes knew public predictions about their death were politically destabilising, not to mention humiliating. At the end of 1559, the Index of Prohibited Books, a list of books forbidden by the Roman Catholic Church, banned texts containing astrological “divinations” about “future contingent events”.

    Earlier that year, just as Pope Paul IV was trying to conceal a serious illness from the public, the sighting of a comet had led to widespread speculation about his death. As the pope knew all too well, astrology could be a political liability.

    Orazio Morandi and Urban VIII

    Such legislation did not stop astrologers from making political predictions, not least because their clients never stopped asking. But increasingly these astrologers were playing with fire. As the historian Brendan Dooley has shown, Orazio Morandi learned this the hard way in 1630.

    Morandi made predictions about Pope Urban VII.
    Vatican Museums

    Morandi was an abbot at the monastery of Santa Prassede in Rome. He had been practising astrology for years, and he had been careful, framing his political forecasts in allusive language. But soon he went too far.

    In 1629, Morandi wrote an astrological commentary on various past papacies, critiquing their flaws. When he came to the present incumbent, Urban VIII (1568-1644), he not only predicted that his pro-French allies would destroy Italy, but that the pope himself would very soon suffer great violence, then death.

    There are several astrological techniques for predicting someone’s death. As above, astronomical phenomena like comets and eclipses could prompt speculation about an upcoming papal demise. But Morandi used the gold standard – a technique called “prorogation”. This required access to the person’s birth chart, from which astrologers could identify the planets or luminaries that were their “giver of life” and “giver of years”.

    Different planets gave different lifespans. For example, if the sun was your “giver of years”, and it was in a good position on your horoscope, you might expect to live to 120. If the sun was badly placed, your life expectancy might be just 19 years. Other parts of the horoscope could then modify these figures.

    Morandi identified the sun as Urban’s life giver. But the positions of the more nefarious planets on his birth chart meant he was lucky to have lived beyond the age of seven. In June 1630, Morandi concluded, a solar eclipse would seal the pope’s fate.

    Morandi’s prediction spread widely in clandestine circles, and it wasn’t long until his prediction was reported as fact. The pro-Spanish faction in Rome was thrilled. It was even rumoured that Spanish and German cardinals had begun the long journey to Rome for a new conclave.

    The earth surrounded by the planets, luminaries, and zodiac signs (1708).
    Andreas Cellarius, Harmonia Macrocosmica

    Embarrassingly, Urban first learned of the prophecy not through his own informants, but from the powerful French prelate Cardinal Richelieu. Himself an avid believer in astrology, Urban was greatly disturbed. He had Morandi arrested and jailed. During the trial, a young man called Matteo, servant to the current prior of Santa Prassede, was interrogated and tortured. Morandi himself soon died in prison under suspicious circumstances.

    But Urban lived on. The next year, he decreed it punishable by death to predict “the life or death of the sitting Roman Pontiff, including his blood relatives to the third degree inclusive”.

    Making a career in political forecasting was – and is – risky. But astrologers were ambitious and knew their efforts would be well remunerated. Predicting the death of a pope could help you quickly build a public profile, expanding your business. But after 1630, it was a risk many astrologers were no longer willing to take.

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

    – ref. The dangerous business of predicting the death of popes – a history – https://theconversation.com/the-dangerous-business-of-predicting-the-death-of-popes-a-history-255816

    MIL OSI – Global Reports –

    May 8, 2025
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