NewzIntel.com

Category: Transport

  • MIL-OSI Security: Appeal to trace woman and newborn baby missing from Walthamstow

    Source: United Kingdom London Metropolitan Police

    Police are appealing for information after a woman is reported to have given birth to a baby before going missing.

    Shortly before 16:45hrs on Wednesday, 30 July a report was made to the police that a woman had given birth that same day at about 08:00hrs at the Billet Road underpass, Walthamstow.

    A witnesses was alerted when she heard sounds of distress in the underpass. She aided with the birth and stayed with the woman until about 16:00hrs when the mother and the newborn were picked-up by two people in a blue transit van.

    The woman is believed to be rough sleeping, white, in her mid-30s, with long blonde hair. She was wearing a black dress and heavy jumper and is believed to go by the name Anne Marie.

    Officers are extremely concerned for the welfare of her and her baby.

    PC Dan Cooper, from the North East area’s Local Missing Hub, said: “Our top priority is to establish that the woman and her baby are safe and well and have access to any medical treatment they may need. I would like to stress that the woman is not in any trouble, our only concern is the wellbeing of her and her newborn child.

    “We are carrying out fast-paced enquiries, including trawling CCTV, speaking to people in the area and visiting nearby hospitals.

    “I’d also like to appeal to anyone who was in the area at the time and may have seen or heard something to come forward. Were you walking or cycling through the underpass or at the nearby Kwik Fit garage? If so, please get in touch with us.

    “If the woman does not feel comfortable speaking to us, she can go directly to a medical centre or a charity.”

    Anyone with information is asked to call the North East area’s Local Missing Hub on 07881 330 956 or 101 quoting CAD 5617/30JUL.

    Alternatively, you can contact the independent charity Crimestoppers anonymously on 0800 555 111 or visit crimestoppers-uk.org.

    MIL Security OSI –

  • Cabinet approves ₹11,169-crore rail multitracking projects across six states

    Source: Government of India

    Source: Government of India (4)

    The Cabinet Committee on Economic Affairs on Thursday approved four key railway multitracking projects worth approximately ₹11,169 crore. These projects, spanning six states and 13 districts, are expected to expand Indian Railways’ network by 574 kilometres and are scheduled for completion by 2028-29.

    The projects span 13 districts across Maharashtra, Madhya Pradesh, West Bengal, Bihar, Odisha, and Jharkhand, and will add around 574 kilometres to the existing railway network. The approved corridors include the fourth line between Itarsi and Nagpur, doubling of the Aurangabad (Chhatrapati Sambhajinagar)-Parbhani section, and the third and fourth lines on the Aluabari Road-New Jalpaiguri and Dangoaposi-Jaroli routes.

    These multitracking works are aligned with the government’s PM Gati Shakti National Master Plan, focusing on multi-modal connectivity through integrated planning and stakeholder consultations. The enhanced line capacity is expected to alleviate congestion, increase operational efficiency, and provide more reliable services for both freight and passenger trains.

    The proposed upgrades will benefit approximately 2,309 villages with a population of about 43.6 lakh and generate an estimated 2.29 crore person-days of direct employment during the construction phase.

    The corridors identified are vital freight routes for commodities such as coal, cement, clinker, gypsum, fly ash, containers, agricultural produce, and petroleum products. The capacity augmentation is projected to handle an additional 95.91 million tonnes per annum (MTPA) of freight traffic.

    Beyond economic and logistical benefits, the projects are aligned with India’s climate goals. The railways’ increased capacity is estimated to reduce oil imports by 16 crore litres annually and lower carbon dioxide emissions by 515 crore kilograms – equivalent to planting around 20 crore trees.

  • MIL-OSI Africa: Op-Ed: Financing Energy Access in Africa: Leveraging Fossil Fuel Revenues to End Energy Poverty (By NJ Ayuk)

    Source: APO – Report:

    NJ Ayuk, Executive Chairman of the African Energy Chamber (https://EnergyChamber.org)

    In an emissions-focused world, do oil and gas revenues have a role to play in ending energy poverty in Africa? It may sound counterintuitive, but many would argue that they do, albeit as enablers of a future powered by alternative energy sources.

    The key lies in recognizing that Africa’s situation is unique, and solutions take time, building on what we have and what we can do with it. This means that, in working towards a just energy transition, the continent’s oil and gas resources shouldn’t be viewed as obstacles that need to be immediately replaced by renewable energy sources. Instead, rather than prematurely phasing out fossil fuels in response to global pressure, Africa should harness these revenues responsibly to finance its energy transition and ultimately eradicate energy poverty.

    Prioritizing Development Alongside Sustainability

    Nearly 600 million Africans still live without access to electricity (https://apo-opa.co/3U6V4uH). This access is a fundamental human right, yet energy poverty remains one of the continent’s most significant barriers to development. This undermines health systems, education, industrialization, and dignity. As the world debates how to rapidly achieve net-zero, Africa’s priority is different: how to power its people now, while building a sustainable future.

    Measuring Africa’s energy transition progress against external calls for an abrupt end to fossil fuels risks leaving millions behind. Our continent contributes less than 4% (https://apo-opa.co/4odEQxF) to global emissions, yet we are expected to decarbonize at the same pace as industrialized nations that built their wealth on hydrocarbons.

    Instead, the continent’s abundance of fossil fuels should be viewed as a bridge, not a barrier. The African Energy Chamber (AEC) Africa-Paris Declaration (https://apo-opa.co/3GO1ImM) underscores this principle – Africa’s oil and gas revenues can and must be used as a financial lever to invest in electrification, clean energy, and infrastructure projects. This pragmatic and just approach prioritizes development alongside sustainability, not instead of.

    There are several ways to achieve this. First, reinvesting oil and gas revenues into rural electrification can transform communities. Decentralized solutions like off-grid solar and mini-grids offer practical ways to reach remote areas. Although urban dwellers do experience power outages, for many rural populations, it’s a way of life. For the mother cooking with firewood or the student studying by candlelight, a small solar grid is life-changing. Fossil fuel revenues can finance these systems at scale, bridging the immediate access gap while longer-term grid expansions are in progress.

    Second, establishing innovative financing mechanisms is essential. For instance, the fledgling Africa Energy Bank (https://apo-opa.co/4l5R2Of) aims to bridge the continent’s estimated $31 billion to $50 billion annual energy funding gap by focusing predominantly on financing energy projects. Launched in 2025, the bank is poised to play a transformative role in mobilizing capital for African energy projects. Additionally, global investors are increasingly exploring energy investment opportunities in Africa. In support of this, development finance institutions, such as the African Development Bank, the World Bank, and the International Finance Corporation, are de-risking investments by offering concessional loans, guarantees, and technical assistance, making investment in African energy projects more attractive. 

    Third, policy reforms that create enabling environments are critical. Here, governments have a role to play in prioritizing revenue-generating projects, creating stable regulatory frameworks, and offering incentives for public-private partnerships. This will support investment, reduce risks, and unlock the transformative power of energy access.

    These solutions demonstrate the importance of a fair and equitable transition and the vital role that fossil fuels will continue to play in achieving this goal. They also prove that this goal is achievable, even if it is on the continent’s own terms.

    Unique Solutions to Africa’s Energy Challenges

    Africa’s path to net-zero has the same end goal as the rest of the world, but it can’t mirror their journey. Our starting points are different, and our development needs are urgent. We understand that climate action can’t be delayed. But it can be just, inclusive, and rooted in African realities. And it can also be supported by revenues from our abundant natural resources.  

    The Africa-Paris Declaration notes that ‘a fair transition recognizes that fossil fuels remain valuable for Africa’s development, prosperity, and energy access goals. Africa doesn’t need to choose between oil and gas or renewables. Given our current position, all are important and require both strategic and sensible deployment. Fossil fuels generate the revenues to invest in solar, wind, hydropower, and grid infrastructure. They fuel industries that create jobs. They support healthcare, education, and innovation.

    When managed responsibly, Africa’s fossil fuel revenue can serve as a bridge to a brighter, greener, and more prosperous continent. Will it be quick and easy? No. Will some question the approach? Most certainly. But the alternative is leaving hundreds of millions of people in the dark.

    – on behalf of African Energy Chamber.

    Media files

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    MIL OSI Africa –

  • MIL-OSI United Kingdom: More wraparound childcare available in Derby to support working families

    Source: City of Derby

    Derby City Council is expanding before and after-school childcare places across the city, supported by government investment to help working families access more flexible childcare options.

    This expansion means more families will be able to access affordable, reliable childcare from 8am to 6pm during term time.

    Through the Department for Education’s Wraparound Childcare Programme, Derby has secured a share of the £289 million national funding to support this goal. The government aims to ensure that by September 2026, all parents who need wraparound care can find it locally.

    Since the funding was introduced, Derby City Council has already supported several primary schools to expand their wraparound care. This has created hundreds of new childcare places, helping more parents and carers access dependable support before and after the school day.

    Councillor Paul Hezelgrave, Derby City Council Cabinet Member for Children, Young People and Skills, said: 

    This funding is making a real difference to families across Derby, giving parents more choice and flexibility when it comes to childcare.

    We know how important wraparound care is in helping parents juggle work and family life, and we’re committed to ensuring that every child has access to high-quality, inclusive provision close to home.

    I’m proud of the progress we’ve made so far, and I encourage more schools and providers to come forward and take advantage of the support available.

    Laura Mitchell, Wraparound Programme Manager at Derby City Council, said:

    We know that childcare is a key barrier for many parents when it comes to work and training. Our goal is to make sure that every family in Derby who needs wraparound care has access to a place that suits their needs.

    A crucial part of achieving this has been the long-standing dedication of our Private, Voluntary, and Independent (PVI) providers. Their commitment, flexibility, and deep-rooted presence in the community have played a vital role in supporting families and laying the groundwork for the success of the Wraparound Childcare Programme.

    We’ve already seen a fantastic response from schools and providers. We’re working closely with them to support new or expanded wraparound provision, and there’s still funding available for others who are interested.

    Derby City Council continues to work with schools, PVI providers and childminders to develop long-term, sustainable childcare tailored to each community’s needs. The programme also prioritises inclusive provision, supporting children with additional needs and ensuring all eligible families can benefit.

    Funding is available until March 2026. Schools and childcare providers interested in creating or expanding wraparound care are encouraged to get in touch at wap@derby.gov.uk.

    More information on wraparound childcare can be found on the Derby City Council website.

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: June retail sales up 0.7%

    Source: Hong Kong Information Services

    The value of total retail sales in June, provisionally estimated at $30.1 billion, was up 0.7% compared with the same month in 2024, the Census & Statistics Department announced today.

    After netting out the effect of price changes over the same period, the provisional estimate for the month was 0.3% lower year on year.

    On a seasonally adjusted basis, the provisional estimate of the value of total retail sales was up 0.3% in the second quarter compared with the first quarter, while the provisional estimate of the volume of total retail sales increased by 2.7%.

    Online sales accounted for 8.5% of the total retail sales figure for the month. Provisionally estimated at $2.5 billion, the value of online retail sales rose 8.4% compared with a year earlier.

    Meanwhile, the value of sales of jewellery, watches and clocks, and valuable gifts increased by 6.8%.

    There were also increases in the value of sales in the following categories: “other consumer goods not elsewhere classified” (+7.2%); commodities in supermarkets (+0.4%); medicines and cosmetics (+6%); commodities in department stores (+5.7%); and optical items (+1%).

    By contrast, the value of sales of apparel decreased by 4.3% for the period. Also down were sales of food, alcoholic drinks and tobacco (-1.5%); electrical goods and other consumer durable goods not elsewhere classified (-9.3%); motor vehicles and parts (-6%); fuels (-8.7%); furniture and fixtures (-16.3%); footwear, allied products and other clothing accessories (-7.2%); Chinese drugs and herbs (-2%); and books, newspapers, stationery and gifts (-4.7%).

    The Government said that retail sales have shown signs of stabilisation in recent months. Looking ahead, it expects that continued increases in employment earnings and a buoyant local stock market, coupled with the Government’s efforts in promoting tourism and mega events, as well as enterprises’ efforts to provide more diversified experiences, will support consumption.

    MIL OSI Asia Pacific News –

  • MIL-OSI: DT Midstream Reports Strong Second Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    DETROIT, July 31, 2025 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) today announced second quarter 2025 reported net income of $107 million, or $1.04 per diluted share. For the second quarter of 2025, Operating Earnings were also $107 million, or $1.04 per diluted share. Adjusted EBITDA for the quarter was $277 million.

    Reconciliations of Operating Earnings and Adjusted EBITDA (non-GAAP measures) to reported net income are included at the end of this news release.

    The company also announced that the DT Midstream Board of Directors declared a $0.82 per share dividend on its common stock payable October 15, 2025 to stockholders of record at the close of business September 15, 2025.

    “We had another strong quarter, and the business is performing on track with our full-year plan,” said David Slater, President and CEO. “We continue to make great progress advancing organic projects from our backlog, with $0.6 billion of projects reaching final investment decisions during the second quarter.”

    Slater noted the following significant business updates:

    • Reached a final investment decision on Guardian Pipeline “G3” expansion of approximately 210 MMcf/d
    • Finalized our investment plan for the initial phase of modernization across our new interstate pipelines
    • Achieved an investment-grade credit rating with all three rating agencies
    • Established a record high quarterly gathering volume for our Haynesville system

    “Our second quarter results put us in a strong position to meet our financial goals for 2025 and we are reaffirming our 2025 Adjusted EBITDA guidance of $1.095 to $1.155 billion and our 2026 Adjusted EBITDA early outlook range of $1.155 to $1.225 billion,” said Jeff Jewell, Executive Vice President and CFO.

    The company has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) today. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number is 646.968.2525; the passcode is 9881735. International access numbers are available here. The webcast will be archived on the DT Midstream website at investor.dtmidstream.com.

    About DT Midstream

    DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a plan of achieving 30% of its carbon emissions reduction by 2030. For more information, please visit the DT Midstream website at www.dtmidstream.com.

    Why DT Midstream Uses Operating Earnings, Adjusted EBITDA and Distributable Cash Flow

    Use of Operating Earnings Information – Operating Earnings exclude non-recurring items, certain mark-to-market adjustments and discontinued operations. DT Midstream management believes that Operating Earnings provide a more meaningful representation of the company’s earnings from ongoing operations and uses Operating Earnings as the primary performance measurement for external communications with analysts and investors. Internally, DT Midstream uses Operating Earnings to measure performance against budget and to report to the Board of Directors.

    Adjusted EBITDA is defined as GAAP net income attributable to DT Midstream before expenses for interest, taxes, depreciation and amortization, and loss from financing activities, further adjusted to include the proportional share of net income from equity method investees (excluding interest, taxes, depreciation and amortization), and to exclude certain items the company considers non-routine. DT Midstream believes Adjusted EBITDA is useful to the company and external users of DT Midstream’s financial statements in understanding operating results and the ongoing performance of the underlying business because it allows management and investors to have a better understanding of actual operating performance unaffected by the impact of interest, taxes, depreciation, amortization and non-routine charges noted in the table below. We believe the presentation of Adjusted EBITDA is meaningful to investors because it is frequently used by analysts, investors and other interested parties in the midstream industry to evaluate a company’s operating performance without regard to items excluded from the calculation of such measure, which can vary substantially from company to company depending on accounting methods, book value of assets, capital structure and the method by which assets were acquired, among other factors. DT Midstream uses Adjusted EBITDA to assess the company’s performance by reportable segment and as a basis for strategic planning and forecasting.

    Distributable Cash Flow (DCF) is calculated by deducting earnings from equity method investees, depreciation and amortization attributable to noncontrolling interests, cash interest expense, maintenance capital investment (as defined below), and cash taxes from, and adding interest expense, income tax expense, depreciation and amortization, certain items we consider non-routine and dividends and distributions from equity method investees to, Net Income Attributable to DT Midstream. Maintenance capital investment is defined as the total capital expenditures used to maintain or preserve assets or fulfill contractual obligations that do not generate incremental earnings. We believe DCF is a meaningful performance measurement because it is useful to us and external users of our financial statements in estimating the ability of our assets to generate cash earnings after servicing our debt, paying cash taxes and making maintenance capital investments, which could be used for discretionary purposes such as common stock dividends, retirement of debt or expansion capital expenditures.

    In this release, DT Midstream provides 2025 and 2026 Adjusted EBITDA guidance. The reconciliation of net income to Adjusted EBITDA as projected for full-year 2025 and 2026 is not provided. DT Midstream does not forecast net income as it cannot, without unreasonable efforts, estimate or predict with certainty the components of net income. These components, net of tax, may include, but are not limited to, impairments of assets and other charges, divestiture costs, acquisition costs, or changes in accounting principles. All of these components could significantly impact such financial measures. At this time, DT Midstream is not able to estimate the aggregate impact, if any, of these items on future period reported earnings. Accordingly, DT Midstream is not able to provide a corresponding GAAP equivalent for Adjusted EBITDA.

    Forward-looking Statements

    This release contains statements which, to the extent they are not statements of historical or present fact, constitute “forward-looking statements” under the securities laws. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, business prospects, outcomes of regulatory proceedings, market conditions, and other matters, based on what we believe to be reasonable assumptions and on information currently available to us.

    Forward-looking statements can be identified by the use of words such as “believe,” “expect,” “expectations,” “plans,” “strategy,” “prospects,” “estimate,” “project,” “target,” “anticipate,” “will,” “should,” “see,” “guidance,” “outlook,” “confident” and other words of similar meaning. The absence of such words, expressions or statements, however, does not mean that the statements are not forward-looking. In particular, express or implied statements relating to future earnings, cash flow, results of operations, uses of cash, tax rates and other measures of financial performance, future actions, conditions or events, potential future plans, strategies or transactions of DT Midstream, and other statements that are not historical facts, are forward-looking statements.

    Forward-looking statements are not guarantees of future results and conditions, but rather are subject to numerous assumptions, risks, and uncertainties that may cause actual future results to be materially different from those contemplated, projected, estimated, or budgeted. Many factors may impact forward-looking statements of DT Midstream including, but not limited to, the following: changes in general economic conditions, including increases in interest rates and associated Federal Reserve policies, a potential economic recession, and the impact of inflation on our business; industry changes, including the impact of consolidations, alternative energy sources, technological advances, infrastructure constraints and changes in competition; changes in global trade policies and tariffs; global supply chain disruptions; actions taken by third-party operators, producers, processors, transporters and gatherers; changes in expected production from Expand Energy and other third parties in our areas of operation; demand for natural gas gathering, transmission, storage, transportation and water services; the availability and price of natural gas to the consumer compared to the price of alternative and competing fuels; our ability to successfully and timely implement our business plan; our ability to complete organic growth projects on time and on budget; our ability to finance, complete, or successfully integrate acquisitions; our ability to realize the anticipated benefits of the Midwest Pipeline Acquisition and our ability to manage the risks of the Midwest Pipeline Acquisition; the price and availability of debt and equity financing; restrictions in our existing and any future credit facilities and indentures; the effectiveness of our information technology and operational technology systems and practices to detect and defend against evolving cyber attacks on United States critical infrastructure; changing laws regarding cybersecurity and data privacy, and any cybersecurity threat or event; operating hazards, environmental risks, and other risks incidental to gathering, storing and transporting natural gas; geologic and reservoir risks and considerations; natural disasters, adverse weather conditions, casualty losses and other matters beyond our control; the impact of outbreaks of illnesses, epidemics and pandemics, and any related economic effects; the impacts of geopolitical events, including the conflicts in Ukraine and the Middle East; labor relations and markets, including the ability to attract, hire and retain key employee and contract personnel; large customer defaults; changes in tax status, as well as changes in tax rates and regulations; the effects and associated cost of compliance with existing and future laws and governmental regulations, such as the Inflation Reduction Act and the One Big Beautiful Bill Act; changes in environmental laws, regulations or enforcement policies, including laws and regulations relating to pipeline safety, climate change and greenhouse gas emissions; changes in laws and regulations or enforcement policies, including those relating to construction and operation of new interstate gas pipelines, ratemaking to which our pipelines may be subject, or other non-environmental laws and regulations; our ability to qualify for federal income tax credits by Clean Fuels Gathering; our ability to develop low carbon business opportunities and deploy greenhouse gas reducing technologies; changes in insurance markets impacting costs and the level and types of coverage available; the timing and extent of changes in commodity prices; the success of our risk management strategies; the suspension, reduction or termination of our customers’ obligations under our commercial agreements; disruptions due to equipment interruption or failure at our facilities, or third-party facilities on which our business is dependent; the effects of future litigation; and the risks described in our Annual Report on Form 10-K for the year ended December 31, 2024 and our reports and registration statements filed from time to time with the SEC.

    The above list of factors is not exhaustive. New factors emerge from time to time. We cannot predict what factors may arise or how such factors may cause actual results to vary materially from those stated in forward-looking statements, see the discussion under the section entitled “Risk Factors” in our Annual Report for the year ended December 31, 2024, filed with the SEC on Form 10-K and any other reports filed with the SEC. Given the uncertainties and risk factors that could cause our actual results to differ materially from those contained in any forward-looking statement, you should not put undue reliance on any forward-looking statements.

    Any forward-looking statements speak only as of the date on which such statements are made. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, subsequent events or otherwise.

    DT Midstream, Inc.
    Reconciliation of Reported to Operating Earnings (non-GAAP, unaudited)
                                   
      Three Months Ended
      June 30,   March 31,
        2025     2025
      Reported
    Earnings    		   Pre-tax
    Adjustments    		   Income
    Taxes    (1)    		   Operating Earnings   Reported
    Earnings    		   Pre-tax
    Adjustments    		   Income
    Taxes    (1)    		   Operating
    Earnings
      (millions)
    Adjustments     $ —     $ —             $ —     $ —      
    Net Income Attributable to DT Midstream $ 107     $ —     $ —     $ 107     $ 108     $ —     $ —     $ 108  
                                   
      Six Months Ended
      June 30,   June 30,
        2025     2024
      Reported
    Earnings    		   Pre-tax
    Adjustments    		   Income
    Taxes    (1)    		   Operating
    Earnings    		   Reported
    Earnings    		   Pre-tax Adjustments   Income
    Taxes    (1)    		   Operating
    Earnings
      (millions)
    Adjustments     $ —     $ —             $ —     $ —      
    Net Income Attributable to DT Midstream $ 215     $ —     $ —     $ 215     $ 193     $ —     $ —     $ 193  
                                   
    (1) Excluding tax related adjustments, the amount of income taxes was calculated based on a combined federal and state income tax rate, considering the applicable jurisdictions of the respective segments and deductibility of specific operating adjustments
                                   
                                   
    DT Midstream, Inc.
    Reconciliation of Reported to Operating Earnings per diluted share(1)(non-GAAP, unaudited)
                                   
      Three Months Ended
      June 30,   March 31,
        2025     2025
      Reported
    Earnings    		   Pre-tax Adjustments   Income
    Taxes    (2)    		   Operating
    Earnings    		   Reported
    Earnings    		   Pre-tax Adjustments   Income
    Taxes    (2)    		   Operating
    Earnings
      (per share)
    Adjustments     $ —     $ —             $ —     $ —      
    Net Income Attributable to DT Midstream $ 1.04     $ —     $ —     $ 1.04     $ 1.06     $ —     $ —     $ 1.06  
                                   
      Six Months Ended
      June 30,   June 30,
        2025     2024
      Reported
    Earnings    		   Pre-tax Adjustments   Income
    Taxes    (2)    		   Operating
    Earnings    		   Reported
    Earnings    		   Pre-tax Adjustments   Income
    Taxes    (2)    		   Operating
    Earnings
      (per share)
    Adjustments     $ —     $ —             $ —     $ —      
    Net Income Attributable to DT Midstream $ 2.10     $ —     $ —     $ 2.10     $ 1.97     $ —     $ —     $ 1.97  
                                   
    (1) Per share amounts are divided by Weighted Average Common Shares Outstanding — Diluted, as noted on the Consolidated Statements of Operations
    (2) Excluding tax related adjustments, the amount of income taxes was calculated based on a combined federal and state income tax rate, considering the applicable jurisdictions of the respective segments and deductibility of specific operating adjustments
                                   
                                   
    DT Midstream, Inc.
    Reconciliation of Net Income Attributable to DT Midstream to Adjusted EBITDA (non-GAAP, unaudited)
                   
      Three Months Ended Six Months Ended
      June 30,   March 31,   June 30,   June 30,
        2025       2025       2025       2024  
    Consolidated (millions)
    Net Income Attributable to DT Midstream $ 107     $ 108     $ 215     $ 193  
    Plus: Interest expense   40       40       80       79  
    Plus: Income tax expense   34       35       69       64  
    Plus: Depreciation and amortization   63       63       126       103  
    Plus: EBITDA from equity method investees(1)   64       73       137       142  
    Less: Interest income   —       (1 )     (1 )     (1 )
    Less: Earnings from equity method investees   (30 )     (37 )     (67 )     (85 )
    Less: Depreciation and amortization attributable to noncontrolling interests   (1 )     (1 )     (2 )     (2 )
    Adjusted EBITDA $ 277     $ 280     $ 557     $ 493  
                   
    (1) Includes share of our equity method investees’ earnings before interest, taxes, depreciation and amortization, which we refer to as “EBITDA.” A reconciliation of earnings from equity method investees to EBITDA from equity method investees follows:
     
      Three Months Ended Six Months Ended
      June 30,   March 31,   June 30,   June 30,
        2025       2025       2025       2024  
      (millions)
    Earnings from equity method investees $ 30     $ 37     $ 67     $ 85  
    Plus: Depreciation and amortization attributable to equity method investees   19       22       41       41  
    Plus: Interest expense attributable to equity method investees   15       14       29       16  
    EBITDA from equity method investees $ 64     $ 73     $ 137     $ 142  
                   
                   
    DT Midstream, Inc.
    Reconciliation of Net Income Attributable to DT Midstream to Adjusted EBITDA
    Pipeline Segment (non-GAAP, unaudited)
                   
      Three Months Ended Six Months Ended
      June 30,   March 31,   June 30,   June 30,
        2025       2025       2025       2024  
    Pipeline (millions)
    Net Income Attributable to DT Midstream $ 93     $ 92     $ 185       145  
    Plus: Interest expense   11       13       24       25  
    Plus: Income tax expense   29       30       59       48  
    Plus: Depreciation and amortization   28       28       56       37  
    Plus: EBITDA from equity method investees(1)   64       73       137       142  
    Less: Interest income   —       (1 )     (1 )     (1 )
    Less: Earnings from equity method investees   (30 )     (37 )     (67 )     (85 )
    Less: Depreciation and amortization attributable to noncontrolling interests   (1 )     (1 )     (2 )     (2 )
    Adjusted EBITDA $ 194     $ 197     $ 391     $ 309  
                   
    (1)  Includes share of our equity method investees’ earnings before interest, taxes, depreciation and amortization, which we refer to as “EBITDA.” A reconciliation of earnings from equity method investees to EBITDA from equity method investees follows:
     
      Three Months Ended Six Months Ended
      June 30,   March 31,   June 30,   June 30,
        2025       2025       2025       2024  
      (millions)
    Earnings from equity method investees $ 30     $ 37     $ 67     $ 85  
    Plus: Depreciation and amortization attributable to equity method investees   19       22       41       41  
    Plus: Interest expense attributable to equity method investees   15       14       29       16  
    EBITDA from equity method investees $ 64     $ 73     $ 137     $ 142  
                   
                   
    DT Midstream, Inc.
    Reconciliation of Net Income Attributable to DT Midstream to Adjusted EBITDA
    Gathering Segment (non-GAAP, unaudited)
                   
      Three Months Ended Six Months Ended
      June 30,   March 31,   June 30,   June 30,
        2025       2025       2025       2024  
    Gathering (millions)
    Net Income Attributable to DT Midstream $ 14     $ 16     $ 30     $ 48  
    Plus: Interest expense   29       27       56       54  
    Plus: Income tax expense   5       5       10       16  
    Plus: Depreciation and amortization   35       35       70       66  
    Less: Interest income   —       —       —       —  
    Adjusted EBITDA $ 83     $ 83     $ 166     $ 184  
                   
                   
    DT Midstream, Inc.
    Reconciliation of Net Income Attributable to DT Midstream to Distributable Cash Flow (non-GAAP, unaudited)
                   
      Three Months Ended Six Months Ended
      June 30,   March 31,   June 30,   June 30,
        2025       2025       2025       2024  
    Consolidated (millions)
    Net Income Attributable to DT Midstream $ 107     $ 108     $ 215     $ 193  
    Plus: Interest expense   40       40       80       79  
    Plus: Income tax expense   34       35       69       64  
    Plus: Depreciation and amortization   63       63       126       103  
    Less: Earnings from equity method investees   (30 )     (37 )     (67 )     (85 )
    Less: Depreciation and amortization attributable to noncontrolling interests   (1 )     (1 )     (2 )     (2 )
    Plus: Dividends and distributions from equity method investees   30       48       78       125  
    Less: Cash interest expense   (76 )     —       (76 )     (74 )
    Less: Cash taxes   (4 )     2       (2 )     (3 )
    Less: Maintenance capital investment(1)   (6 )     (8 )     (14 )     (13 )
    Distributable Cash Flow $ 157     $ 250     $ 407     $ 387  
                   
    (1)  Maintenance capital investment is defined as the total capital expenditures used to maintain or preserve assets or fulfill contractual obligations that do not generate incremental earnings.
                   
                   

    The MIL Network –

  • MIL-OSI: Japan Blockchain Week 2025 (Aug 22 – Sep 19) — The Perfect Window to Experience Japan’s Most Vibrant Web3 Scene

    Source: GlobeNewswire (MIL-OSI)

    TOKYO, July 31, 2025 (GLOBE NEWSWIRE) — If you have ever thought about visiting Japan’s fast-growing crypto ecosystem, this is the year and this is the moment. From August 22 to September 15, 2025, Tokyo will host Japan Blockchain Week 2025 (JBW 2025)—a four-week festival that bundles the country’s flagship Web3 gatherings into one seamless schedule.

    Launched in 2022 to connect Japan’s builders and community with the global community, JBW has become the annual rendez-vous for investors, founders, developers, and policymakers who want to see where crypto meets the real world. This summer, one JBW AI summit and 6 headline partner events will create an unparalleled density of talent, capital, and cutting-edge ideas:

    Event Schedule

    Date Headline Event What to Expect
    Aug 23 JBW summit AI edition A deep dive into AI × Web3 and the coming ASI era—governance, privacy, and value creation on a planetary scale.This is a futuristic conference where experts from the AI ​​and web3 industries gather to discuss the updates of society around the world in preparation for the ASI era.
    Aug 24 Solana SuperTokyo SuperTokyo2025 is the largest Solana conference in Japan, organized by the Solana Foundation-certified community “SuperTeam Japan” to promote the growth of the Solana ecosystem in Japan. Once a year, Solana entrepreneurs, users, and fans from Japan and abroad will gather in Tokyo to create useful opportunities, and sessions by famous experts and startup camp programs will be held.
    Aug 25-26 WebX WebX2025 is produced by CoinPost, Japan’s largest Web3 media. The event will take place on August 25th and 26th, 2025 at The Prince Park Tower in Tokyo. WebX2025 is Asia’s largest global conference gathering professionals related to crypto assets, blockchain, and other Web3 technologies, offering visitors a direct interaction with companies, experts, entrepreneurs, investors, government officials, and media from Japan and abroad.
    Aug 27 Blockchain Leaders Summit Unified community: Bridge between Japan and the globe Participants will have an extraordinary opportunity to gain valuable insights directly from esteemed industry leaders and emerging powerhouses actively shaping the future landscape.
    Sep
    11    		 Web3privacy now Web3Privacy Now is a think-and-Do-tank of hundreds of people, projects, and organizations committed to protecting and advancing civil liberties, decentralization, and open-source software. ​​We facilitate cross-stack and cross-community collaboration to drive meaningful impact. We challenge standardization and maximalism, avoid abstractions and stereotypes. We work on the forefront of technology with a poly-disciplinary approach, togetherness, and care, assiting each other in clarifying paths toward effective progress.
    Sep 12-15 ETH Tokyo ETHTokyo is an engaging conference and hackathon for the global Ethereum community where people with all sorts of backgrounds, ideas, and skills come together to share their love for Ethereum and its world..
    Sep
    16-19    		 EDCON Once a year, the most impactful speakers, mentors and projects from around the world are invited to attend and share their message. Prior years include: Paris 2017, Toronto 2018, Sydney 2019, Online 2020-21, San Francisco 2022, Montenegro 2023, Tokyo 2024. EDCON is committed to serving the Ethereum ecosystem by boosting communication and engagement between Ethereum communities worldwide.

    Why Plan Your Trip Around JBW 2025?

    • One flight, five world-class conferences. Every week offers a new flagship event—optimise your travel budget while maximising exposure.
    • Cross-pollination at its best. Discuss the future of AI x web3 on Saturday,Meet Solana Tokyo community on Sunday, debate business in Japan on Monday, then hack Solidity in September—without leaving Tokyo.
    • Asia’s most underestimated market. Japan is opening up to token incentives,IP deployment to web3, stablecoin issuance, and DAO frameworks faster than headlines suggest. Tap early.
    • Seamless logistics. All venues are within 30 minutes of central Tokyo; an English-friendly metro, and top-tier hospitality make navigation easy.
    • Culture & crypto in one trip. In between conferences and networking nights, enjoy summer festivals, Michelin-level cuisine, and Tokyo’s unique and diverse culture.

    Quick Facts

    • Total 2024 attendance: over 50,000 attends in-person
    • Official language: English & Japanese (simultaneous interpretation provided)
    • Hashtag: #JBW2025

    About Japan Blockchain Week

    Japan Blockchain Week is a not-for-profit movement launched in 2022 to bridge the Japanese and global blockchain industries. By clustering independent conferences and hackathons under a single seasonal banner, JBW lowers friction for overseas participation and accelerates cross-border collaboration.CoinDesk Japan has joined as an special media partner.

    Comment from Mai Fujimoto

    Co-organizer of Japan Blockchain Week / Co-founder of INTMAX

    “Japan Blockchain Week is more than just a series of events — it has evolved into a platform that bridges Japan and the global Web3 community.This year, JBW brings together seven distinct blockchain events across just one month in Japan. Each event has its own theme and character, offering a completely different perspective on the future every week — an unprecedented format.

    There are few other occasions where such a diverse group of people from across borders and industries gathers in a single city.Join us this summer in Tokyo and Osaka, and let’s shape the future together!”

    Book your flights. Pack your dev laptop. We’ll see you in Tokyo for the most condensed month of Web3 I innovation anywhere in 2025.

    Website | X

    Contact:
    Mio Nanase
    staff@japanblockchainweek.jp

    Disclaimer: This content is provided by Japan Blockchain Week. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44bc5642-92b2-4885-bc2d-52f6a1ab0ad1

    The MIL Network –

  • MIL-OSI United Kingdom: Cardiff Capital Region backed by £30m to unlock innovation and growth

    Source: United Kingdom – Executive Government & Departments

    Press release

    Cardiff Capital Region backed by £30m to unlock innovation and growth

    Cardiff Capital Region is one of three UK cities and regions supported through the UK Government’s £500m local innovation fund.

    Aerial view of Cardiff.

    • Local partnerships will direct funding to range of priorities, from life sciences to AI, or could capitalise on Cardiff Capital Region’s existing strengths such as in automotive technology to support a greener future
    • Builds on record £86bn R&D settlement until 2030 and backs local skills to deliver economic growth as part of our Plan for Change

    Cardiff Capital Region is among three UK cities and regions receiving at least £30m each from the UK Government to unlock new, locally led innovation that can improve lives across the country, UK Science Minister Lord Vallance has announced today (Tuesday 29 July). 

    Partnerships between the city region authority, businesses and research organisations will work with UK Research and Innovation (UKRI) to invest the funding into a range of regional and national priorities in science and technology – from life sciences to green energy solutions, AI to engineering, and beyond.

    It could even build on the existing strengths of Cardiff, and Wales more widely, from its role in developing electric vehicle components that will help us build a greener world to its data science capabilities which can improve lives from better public services to improving our health. 

    The funding forms part of the Local Innovation Partnerships Fund (LIPF) of up to £500m, announced ahead of last month’s Spending Review to empower local leaders with skin in the game. It will help target innovation investment and make the most of their communities’ expertise to unleash discoveries that benefit us all and grow the economy as part of our Plan for Change.

    The decision to earmark at least £30m to three high-potential areas in Glasgow, Belfast-Derry/Londonderry and Cardiff was reached following collaboration between the UK Government and the governments of Scotland, Northern Ireland and Wales. Seven regions of England were also announced as recipients last month – spanning the North-East to Greater Manchester, Liverpool to London.

    The funding was announced as part of a record £86bn R&D settlement until 2030 and will help the Government to deliver our modern Industrial Strategy by backing high growth sectors and bolstering partnerships with industry for long-term economic growth.

    UK Science Minister Lord Vallance said: 

    From driving the development of electric vehicle components that will help deliver a greener planet to cutting-edge data science work, the Cardiff Capital Region playing a leading role in the technologies of the future that can benefit people throughout the UK.

    By targeting this funding with local leaders to a range of science and technology sectors we can make the most of the expertise across Cardiff and wider Wales to grow the economy as part of our Plan for Change.

    Secretary of State for Wales Jo Stevens said:

    This funding from the UK Government is vital to support Wales’s leading science and technology sectors. We are already punching above our weight in areas where there is huge potential for even more growth. 

    Wales has the talent and expertise to develop high tech solutions to a range of challenges, and this investment will help kickstart innovation, create new well-paid jobs and grow the Welsh economy.

    Welsh Government Cabinet Secretary for Economy, Energy and Planning, Rebecca Evans, said:

    This investment represents another vote of confidence in the Cardiff capital region and builds on our work supporting its growth, strong university research ecosystem, industry base and innovation clusters over a number of years.

    We will continue working closely with the South East Wales Corporate Joint Committee and the UK Government to build on the region’s strengths, attract significant private investment, strengthen regional partnerships and deliver real benefits for people across South East Wales and beyond.

    High potential innovation clusters in places that have not been earmarked for funding will also be able to bid into a competition, with UKRI publishing guidance on this competition soon.

    The Local Innovation Partnerships Fund represents a significant shift in place-based innovation policy, giving regions greater control over how research and development investment is directed to maximise their innovation potential and drive economic growth.

    It builds on the lessons learned from programmes already underway to support high potential innovation clusters in regions across the UK, including the Strength in Places Fund and the Innovation Accelerator pilot scheme and Innovate UK Launchpads.  

    The Innovation Accelerator pilot scheme alone has leveraged more than

    £140 million in new private investment, created hundreds of jobs across the West Midlands, Greater Manchester and Glasgow City Region, and supported a range of new technologies.

    It includes those developed by the Greater Manchester advanced diagnostic accelerator, delivering quicker and cheaper detection for liver, heart and lung diseases, whilst Moonbility from the West Midlands is using AI software helping train companies to simulate, in real time, potential disruption to the network so they can alert passengers on delay length, giving advice on replanning journeys.

    Updates to this page

    Published 31 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: expert reaction to latest UKHSA data showing measles cases remain high

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on latest data from the UK Health Security Agency (UKHSA) that shows measles cases remain high. 

    Dr Ben Kasstan-Dabush, Assistant Professor of Global Health & Development at the London School of Hygiene & Tropical Medicine (LSHTM), said:

    “It is no surprise that Hackney has seen the highest number of measles cases over the past four weeks. To prevent measles outbreaks, the WHO recommends that 95% of people are fully vaccinated with two doses of the MMR vaccine. In 2023-2024, MMR coverage in Hackney was lowest by local authority in England and just 60.8% had received both MMR doses by the age of five, compared with 83.9% of children on average across England. Without this vital vaccine coverage, children have been left as sitting ducks for a measles outbreak.

    “Hackney’s population is unique and a ‘one-size fits all’ approach will not solve the problem. The borough’s population is diverse and younger, with almost one in three residents aged under 24. Hackney also has among the highest numbers of children living in low income families in London and around one in four children are Haredi (strictly Orthodox Jewish). In this context, every family will have their own challenges and pressures, so how can we expect under-funded, inflexible delivery strategies to offer equitable access?

    “Local clinics and teams are working incredibly hard to protect children and prevent another child death from measles in the UK. But it is extremely difficult to sustain positive results when funding to commission vaccination projects and new professionals roles are short-term and unpredictable.

    “Together with a local GP in Hackney, Dr Tehseen Khan, we have been researching ways to ensure vital vaccines are accessible to those who need them. This includes evaluating how primary care teams in the area offer parents more convenient appointments through Sunday walk-in clinics and allowing parents to bring several children to one appointment. However, primary care cannot solve these challenges alone. I would encourage any parent with questions or concerns, or anyone who’s unsure on their own vaccination status, to reach out to their local GP surgery, as it’s never too late to catch up on the MMR vaccine.

    “Political decisions are threatening the ability to make long-term improvements in vaccination coverage in Hackney and nationwide. Integrated Care Boards, the NHS organisations that plan and commission health services for their local populations, are expected to reduce operational costs by 50%. This will be disastrous for vaccine coverage recovery efforts, and raises fundamental questions about how the government’s 10 year ‘Fit for the Future’ plan can realistically be implemented.”

    https://ukhsa-newsroom.prgloo.com/news/latest-data-show-measles-cases-remain-high-with-london-and-parts-of-the-north-west-driving-increase

    Declared interests

    Dr Ben Kasstan-Dabush: Dr Ben Kasstan- Dabush is Assistant Professor of Global Health & Development at the London School of Hygiene & Tropical Medicine. He is currently working on vaccine delivery research in Hackney, funded by the British Medical Association Foundation for Medical Research (2023 Kathleen Harper Award, in collaboration with Dr Tehseen Khan). This builds on previous work funded by the NIHR Health Protection Research Unit in Vaccines & Immunisation, a collaboration between LSHTM and UKHSA. Ben provides regular consultation to UKHSA.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: City Council awards £388,000 of grant funding to support local communities

    Source: City of Oxford

    Oxford City Council has awarded £388,000 of grant funding to 86 community groups and voluntary organisations – helping them to support local people across Oxford.  

    Oxford is the UK’s second most unequal city and the Council’s grants programme provides crucial financial support to organisations working to reduce inequality through the delivery of essential services, strategic projects, and community-led initiatives.  

     The Council has provided this latest funding through the Oxford Community Impact Fund (OCIF) programme, which is a three year fund that first started in 2022. It is already supporting essential services such as advice centres and domestic abuse support, with core funding maintained for these at the current level until March 2028. 

    Decisions have now been announced on two rounds of funding: 

    • Big Ideas Fund: Providing funding of £338,000 per year covering the period of 2025-2028.  
    • Small Grants (2025 Round 1): Providing funding of £50,000 (with £34,000 to follow in round 2), with a maximum of £3000 per organisation ensuring accessibility for smaller community groups.   

    All these grants have been awarded to organisations assessed on their work to reduce inequality and attract external funding to Oxford. 

    Big Ideas Fund 2025-28 

    The Council has awarded funding to 45 organisations across Oxford totalling £338,000 per annum, organisations will receive funding for three years. 

    These organisations are:   

    Ark-T Centre, Arts at the Old Fire Station, Aspire Oxfordshire, Asylum Welcome, Be Free Young Carers, Blackbird Leys Adventure Playground, Cowley Road Works, Cutteslowe Greenhouse Limited, Donnington Doorstep, EMBS Community College Limited, Emmaus Oxford, Fusion Arts, Home-Start, IF Oxford, In-Spire Sounds, Justice in Motion, Leys CDI, Makespace Oxford, Mandala Theatre, Museum of Modern Art, My Life My Choice, MyVision, OVADA, Oxford Community Action, Oxford Contemporary Music, Film Oxford, Oxford Hub, Oxford Mutual Aid, Oxford Pride, Oxford Youth Enterprise, Oxfordshire Chinese Community and Advice Centre, Oxfordshire Play Association, Peeple, Pegasus Theatre, Refugee Resource, Rose Hill Junior Youth Club, Sobell House, Survivor Space, T(ART) Productions, The Oxford Playhouse, The Parasol Project, The Story Museum, WASTE2TASTE, and Yellow Submarine. 

    Small Grants Fund 2025-6 (Round 1) 

    The Council has awarded funding to 41 organisations across Oxford, with funding totaling £50,000 overall. 

    These organisations are:  

    Parents And Children Together, Wild Boor Ideas, Fight Against Blindness (Fab), Rose Hill Community Larder, Oxford Opera Trust Cio, Response Organisation, Wood Farm Youth Centre, Action Deafness, Botley Bridges, Damascus Rose Kitchen, Blackbird Leys Boxing Club, Dovecote Voluntary Parent Committee, East Oxford Stay and Play, Fight Against Blindness, Headway Thames Valley Limited, Body Politic, Littlemore Hub, Syrian Sisters, Music at Oxford, Elmore Community Services, Read Easy Oxford, The Oxford Preservation Trust, Lowland Rescue, Oxford Afrobeats Festival, Iranian Community Network (ICN), Oxford Philharmonic Orchestra, Oxford Poetry Library, Tandem Collective, Oxford Health Charity (OHC), Oxford Peoples Theatre, MuMo Creative, Oxford Lindy Hoppers, Syrian Community Oxfordshire (SYRCOX), The Oxford Voice, The Porch, Oxfordshire Asian Women’s Voice, WEMPOWERED CIC, Rose Hill and Iffley Low Carbon, South Oxford Community-Association, The Good Gym, and Wood Farm Youth Centre. 

    It is estimated that for every £1 that the Council invests in local community organisations and groups through grant funding, this investment results in more than £15.92 of additional funding/earned income per organisation – helping to strengthen communities across the city. 

    This year, over half (51%) of applicants were new applicants. 

    You can learn more by visiting our grant funding webpages. 

    Comment 

    “We’ve streamlined our community grants programme and this year we’ve changed the criteria to provide a tight focus on work to reduce inequality in Oxford. We’re the UK’s second most unequal city and these grants will be spent on tackling this ugly scar on our beautiful city.

    “It is great news that we have been able to support so many community groups and organisations through this latest round of funding – and especially so many new groups. I can’t wait to visit as many of these projects as possible to see for myself the impact these funds will have on local communities and the difference made to people’s lives.” 

    Councillor Linda Smith, Cabinet Member for Housing and Communities

    MIL OSI United Kingdom –

  • MIL-OSI: Oxford Square Capital Corp. Announces Offering of Notes

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., July 31, 2025 (GLOBE NEWSWIRE) — Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQG) (NasdaqGS: OXSQZ) (the “Company”) today announced the commencement of a registered public offering of notes (the “Notes”). The public offering price and other terms of the Notes are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional Notes on the same terms and conditions to cover over-allotments, if any.

    The Notes are expected to be listed on the NASDAQ Global Select Market and to trade thereon within 30 days of the original issue date.

    The Company expects to use the net proceeds from this offering to repay indebtedness, acquire investments in accordance with its investment objective and strategies and for general corporate purposes.

    Lucid Capital Markets, LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering. Clear Street LLC, InspereX LLC, Janney Montgomery Scott LLC and William Blair & Company, L.L.C. are acting as lead managers for the offering.

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

    A shelf registration statement relating to these securities is on file with and has been declared effective by the Securities and Exchange Commission. The offering may be made only by means of a prospectus and a related prospectus supplement, copies of which may be obtained, when available, from the following investment banks: Lucid Capital Markets, LLC at 570 Lexington Ave, 40th Floor, New York, NY 10022, at telephone number (646) 362-0256, or via email at: Prospectus@lucidcm.com; and Piper Sandler & Co., 350 North 5th Street, Suite 1300, Minneapolis, MN 55402, Attention: Prospectus Department, or by telephone at (800) 747-3924, or by email at prospectus@psc.com. The preliminary prospectus supplement, dated July 31, 2025, and accompanying prospectus, dated September 26, 2022, each of which has been filed with the Securities and Exchange Commission, contain a description of these matters and other important information about the Company and should be read carefully before investing. Investors are advised to carefully consider the investment objectives, risks and charges and expenses of the Company before investing.

    About Oxford Square Capital Corp.

    Oxford Square Capital Corp. is a publicly-traded business development company principally investing in syndicated bank loans and, to a lesser extent, debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.

    Forward Looking Statements

    This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events, except as may be required by law.

    Contact:
    Bruce Rubin
    203-983-5280

    The MIL Network –

  • MIL-OSI United Kingdom: More male role models in nurseries to help children thrive

    Source: United Kingdom – Executive Government & Departments

    Press release

    More male role models in nurseries to help children thrive

    New wave of “Do Something Big” campaign launches to encourage more men to join the early years workforce.

    Children across the country are to benefit from more male role models in nurseries, as the government ramps up efforts to grow and diversify the early years workforce ahead of the September childcare expansion due to save parents up to £7,500 a year.

    This is the latest phase of the “Do Something Big” campaign, which highlights how children thrive when they see both men and women in caring, nurturing roles from the very start of their education. Research shows that this supports healthy development, with findings showing:

    • 9 in 10 parents believe it’s important for children to be cared for by both men and women
    • Many believe this helps children develop mutual respect and more balanced views of gender roles
    • However, just 3% of the early years workforce are currently men

    To help change this, the government is offering £1,000 payments to new early years staff in 38 priority areas, supporting nurseries to recruit in time for the September expansion of 30 funded childcare hours for children from 9 months old.

    This will support the government’s Plan for Change, which has already seen almost half a million benefitting from 15 childcare hours from last September, and tens of thousands of new recruits to the early years workforce in recent months. This drive builds on the government’s Best Start in Life strategy, which is raising the status of the profession and growing a diverse, skilled workforce so every child can start school ready to learn.

    Minister for Early Education, Stephen Morgan, said:

    Children thrive when they’re supported by a diverse mix of role models – and that starts in the early years.

    With big changes coming in September, we’re backing nurseries to recruit the staff they need and encouraging more men to consider this rewarding career.

    Through our Plan for Change, we’re making early years careers more appealing – and reminding dads that if you’ve helped your own child learn and grow, you’ve already got the skills to make a difference to many more.

    From today, new Do Something Big content will be bursting onto screens and social feeds across the nation.

    The adverts show that dads in particular will already have the skills to succeed in early years roles through the play and learning they have done with their own children. They will run across digital display and social media platforms, as well as posters on roadside billboards and the rail network, ensuring the campaign reaches men across the country.

    Greg Lane, Nursery Manager and Creative Lead at Soho Nursery and Pre-School (LEYF) said: 

    Our children don’t choose us based on gender – they choose us because we’re good at what we do. One child recently told me, ‘He’s really good at dinosaurs,’ while another said, ‘She’s great at playing football.’ That’s what matters to them.

    I joined this sector because I wanted to make a difference, and every day I get to do that. I’m proud to be part of a profession that is evolving, and I hope more men take the leap because the children need us, and they’ll welcome us with open arms.

    Mike Abbott, Director of Operations at London Early Years Foundation (LEYF) said:

    At LEYF, we know that what truly matters to children is not whether their teacher is a man or a woman – it’s the quality of the relationship, the skill, and the trust they build.

    We see every day how boys and girls alike flourish in environments where all adults’ model empathy, curiosity, and care. The government’s renewed focus on recruiting more men into Early Years is a crucial step in challenging outdated stereotypes and ensuring children grow up with diverse role models.

    It’s time we make it completely normal for men to sing lullabies, lead story time, or soothe a baby, just as it is for women to play football or lead science activities. Everyone should be seen to do everything.

    The research, commissioned by the Department for Education, also shows that around a quarter of adults believe gender stereotypes (25%), fear of judgement or false accusations (25%) and social pressure to pursue more ‘masculine’ careers (24%) are major reasons why men are deterred from entering the sector. Yet there is strong public support for greater male representation in nurseries.

    Almost half of parents said their child’s nursery has no male staff, and parents highlighted the positive impact of having men in early years roles – from providing children with diverse role models to challenging harmful stereotypes early and showing that caring and teaching are careers for everyone.

    Strengthening the early years workforce and broadening diversity is central to delivering on the government’s promises to working parents to deliver the huge £7,500 cost saving from September, with a full 30 hours of government funded childcare each week during term time. The latest data shows the number of staff delivering entitlements in private, voluntary and independent nurseries has risen by 11,200, alongside an increase of 7,100 childminders.

    Interventions from financial incentives to a renewed recruitment drive will help ensure providers have the staff they need, families get the support they deserve and every child has the chance to thrive.

    DfE media enquiries

    Central newsdesk – for journalists 020 7783 8300

    Updates to this page

    Published 31 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Ingol Healthcare Centre Officially Opened

    Source: City of Preston

    • NHSPS, Preston City Council and Lancashire and South Cumbria Integrated Care Board celebrated the delivery of has delivered a full refurbishment and seven new clinical rooms to Ingol Healthcare Centre. 
    • The site is a result of the growing demand for GP clinical services and improve the sustainability of the building. 

    On Friday 25 July 2025, NHS Property Services, Deputy Mayor of Preston Councillor Nweeda Khan and the NHS Lancashire and South Cumbria Integrated Care Board came together to celebrate the opening of the modernised Ingol Healthcare Centre.  

    This transformative project represents a significant investment in local healthcare infrastructure, designed to both modernise existing facilities and enhance sustainability. 

    The project has attracted a substantial investment of over £1.3 million, with £526,000 allocated from developer contributions secured through the planning process at Preston City Council and £730,000 coming from NHS Property Services (NHSPS) – with £240,000 earmarked for energy improvements through the health and property organization. This funding underscores NHSPS’ commitment to creating a more efficient and environmentally responsible healthcare environment. 

    The improved facilities are expected to service approximately an additional 35,000 patients and a total of 5,300 new homes in North West Preston. 

    In addition to a full refurbishment of existing clinical rooms, the project will add seven new clinical rooms to increase capacity for GP services and convert the site into a Net Zero facility. New forms of insulation have been installed (cavity wall and loft insulation), the move to electric heating was made and energy-efficient upgrades such as LED lighting, double glazed windows and solar PV panels were put into place. These measures will ensure long-term cost savings and reduced carbon emissions. 

    The project was launched to address the growing demand for GP clinical services and to improve the sustainability and long term future of the building. NHSPS and the ICB’s Strategic Estates and Infrastructure Team were played a central role in to the project, handling everything from the initial Section 106 bid, negotiations with GP’s and other delivery partners, design and tender phases, to legal agreements and project management. 

    Ben Gammer, NHSPS Estate Strategy Lead, said: “This project is a standout example of how smart space optimization can directly support the goals of the NHS’s 10-year health plan. By transforming underutilized areas into high-impact clinical environments, we’re not only increasing capacity but also reinforcing our commitment to delivering accessible, quality care in every neighborhood. It’s a testament to what can be achieved through strategic partnerships and sustainable design.”

    Now completed, the site’s increased GP capacity will alleviate pressure on local services, while the energy-efficient infrastructure will offer long-term benefits for both the local healthcare system and the environment. 

    Dr Nidghtta Anjan, Partner GP at North Preston Medical Practice, said:

    “We are delighted to announce the completion of the newly renovated health centre, which signifies a substantial positive change for the community. We are committed to supporting the NHS’s long-term strategy to deliver high-quality healthcare whilst minimizing environmental impact and promoting social responsibility. With the new developments surrounding the area, we eagerly anticipate welcoming new patients to our practice, allowing us to showcase our enhanced clinic rooms, improved waiting area and modern reception desk.” 

    Deputy Mayor of Preston Councillor Nweeda Khan said:

    “The improvements at the centre have been made possible by what is known as Section 106 agreements in relation to various planning applications made to Preston City Council.  

    “These agreements are made to reduce the impact of a significant development on a local community, by providing such things as affordable housing, improving public spaces, enhancing local services or the environment. The upgrades will make a huge difference to the quality of service the health centre can provide and to the number of people in the area who now have access to essential services.” 

    Geoff Lavery, Strategic Estate Lead for the ICB said:

    “We have worked incredibly hard with NHSPS and other delivery partners over several years to deliver this project and we are grateful that the S106 funding was in place to support it, however even with the availability of the funding the project has been incredibly challenging.  The aim has always been to deliver increased capacity, sustainability and improved primary care services in the area and we were determined to achieve those aims.  I hope the delivery of the Ingol project highlights the commitment of the ICB to serve the needs of its patient populations.” 

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Thailand adjusts EV subsidy program to boost exports

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BANGKOK, July 31 (Xinhua) — The Thai government on Wednesday approved adjustments to the country’s key incentive programs to encourage manufacturers to boost exports of battery electric vehicles (BEVs), a move aimed at bolstering the country’s position as a regional EV manufacturing hub.

    Manufacturers participating in the EV subsidy program, which started in 2022, are required to produce electric vehicles domestically as compensation for receiving subsidies and exemption from import duties.

    Under the revised terms, one BEV produced for export will count as 1.5 vehicles under the local production quota, making it easier to meet production commitments.

    “The changes will allow for greater flexibility and help Thailand, already a leader in the region’s auto industry, become a key base for electric vehicle production,” said Narit Terdsteerasukdee, secretary general of the Thai Board of Investment (BOI).

    The adjustments to the program come as total investment in the country’s EV supply chain as of June reached 137.7 billion baht (about US$4.21 billion), the BOI said in a statement.

    The move is expected to boost Thailand’s EV exports to around 12,500 units in 2025 and 52,000 units in 2026.

    In the first half of 2025, the number of new BEV registrations increased by 52.4 percent year-on-year to reach 57,289 units, accounting for 15 percent of all new vehicle registrations in Thailand.

    To date, the Thai government has provided subsidies totaling more than 12 billion baht (approximately $367.82 million) for 175,064 BEVs and 34,559 electric motorcycles under the EV 3.0 and 3.5 subsidy programs. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI: SHARC Energy Ships SHARC WET Systems to US Government-Affiliated Project

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 31, 2025 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”), a world leader in wastewater energy transfer (“WET”), is proud to announce the shipment of two SHARC 880 WET Systems to a U.S. government-affiliated project. Further information about the project will be released at a later stage.

    SHARC Energy’s Wastewater Energy Transfer technology continues to gain momentum in the United States and beyond. Most recently, SHARC Energy’s innovative systems were featured in a Wall Street Journal article spotlighting the emerging role of WET in sustainable infrastructure.

    This milestone shipment underscores the Company’s expanding influence and highlights the increasing adoption of WET solutions as cities and governments seek scalable, low-carbon alternatives for heating, cooling and potable hot water.

    For more information regarding SHARC Energy and its projects, please visit www.sharcenergy.com.

    About SHARC Energy
      
    SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day. SHARC Energy’s systems recycle thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings along with thermal energy networks, commonly referred to as “District Energy”.

    SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile.

    Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA | SHARC

    ON BEHALF OF THE BOARD

    Fred Andriano
    Chairman

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements 

    Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified using words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC Energy’s actual results could differ materially from those anticipated in this forward-looking information because of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC Energy believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation. 

    The MIL Network –

  • MIL-OSI: Vema Hydrogen Names Energy Veteran Jim Kueser Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 31, 2025 (GLOBE NEWSWIRE) — Today, Vema Hydrogen, developer of a disruptive renewable hydrogen production technology, announced that energy veteran Jim Kueser has joined as Chief Financial Officer. The strategic addition will help advance the company’s expansion across the U.S. and global markets, providing sustainable alternatives to support global energy demand.

    As CFO, Jim will lead Vema’s financial unit, including the financing of projects, the ongoing raise of capital as well as joining the leadership team responsible for navigating the long-term strategic roadmap for financing the company. Over the course of three decades of global energy infrastructure and finance experience, he has led 30+ energy infrastructure transactions totaling over $2.9 billion in deployed capital. His expertise will be key as Vema looks to continue its capital campaign and commence the financing of projects to advance its business platform.

    “As the energy sector pivots towards clean fuels and feedstocks, and as demand continues to escalate with the emerging appetite of power-hungry AI data centers, Vema’s hydrogen technology is positioned to be a long-term, low-cost solution,” said Jim Kueser, CFO at Vema. “From decades spent scaling energy companies, I’m eager to support Vema’s ambitious approach to hydrogen production that will make a lasting impact on clean energy supply.”

    Kueser previously co-founded four separate energy startups and led numerous private equity campaigns. His global energy sector tenure includes leading development, M&A, financing, capital-raise and portfolio optimization via investments in EU, Asia, Central America and the Caribbean.

    “With our recent funding, we are making incredible progress in pioneering Engineered Mineral Hydrogen to provide a scalable pathway for clean hydrogen in the U.S.,” said Pierre Levin, CEO of Vema Hydrogen. “As we enter our next phase of development – taking our laboratory R&D to the market – Jim will be central to ensuring that we are progressing financially to produce and supply clean hydrogen that can provide low-carbon energy for centuries to come.”

    About Vema Hydrogen
    Vema Hydrogen has developed a novel approach for the predictable production of cheap and clean hydrogen: Engineered Mineral Hydrogen. Vema’s technological breakthrough de-risks hydrogen production with precise location targeting and predictable, controlled manufacturing, which makes hydrogen a viable pathway for clean energy production. More https://www.vema.earth/.

    Media Contacts
    Mission Control for Vema Hydrogen
    vema@missionc2.com

    The MIL Network –

  • MIL-OSI: ACTFORE Secures Patent for Intelligent Data Extraction from Unstructured Documents, Revolutionizing Breach Response

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., July 31, 2025 (GLOBE NEWSWIRE) — ACTFORE, a leading provider of AI-powered breach response and data mining solutions, announced today the company has been granted a patent from the United States Patent and Trademark Office for its proprietary technology enabling targeted data extraction from unstructured document sets, a first-of-its kind patent in the data mining industry.

    Unlike many industries, the data mining and breach response fields have historically lacked patentable innovations due to their reliance on human-driven workflows and off-the-shelf automation. ACTFORE’s achievement represents a major advancement in automated breach response workflows: the first recognized patent for precision data extraction designed specifically to efficiently and accurately extract sensitive data from massive, unstructured information environments following a breach.

    “This patent isn’t just a milestone for ACTFORE, but for the entire industry,” said CEO Christian Geyer. “In a space where most work is still done manually or through tedious and inaccurate workflows, we’ve introduced a scalable, intelligent solution that truly learns and adapts and can work alongside our team of onshore experts to create an approach that merges manual precision with deep learning to create a hybrid workflow that is both fast and legally defensible.”

    The patent, “Techniques for Targeted Data Extraction from Unstructured Sets of Documents”, refers to ACTFORE’S dynamic interface that allows operators to define “visual boxes” around regions of interest on a document page, then automatically propagate those selections across structurally similar files using deep learning and FAISS-based clustering. Paired with advanced optical character recognition (OCR), the system can extract high-fidelity text, even from scanned or non-machine-readable documents. This allows for targeted, scalable parsing with minimal redundancy and dramatically reduced review time.

    “We’ve essentially built a facial recognition system, but for document layouts,” said Yumna Zaidi, Innovations Team Lead at ACTFORE and Lead Inventor on the patent. “Our tech creates unique embedding vectors for each document structure, letting us match and process them with unprecedented speed and accuracy.”

    This combination of automation and expert-driven human review ensures that sensitive information such as names, account numbers, or health data can be extracted quickly, accurately, and consistently, even across large and messy data sets.

    “Data breaches happen in chaotic, inconsistent environments and ACTFORE is built to handle the complexity,” added Dhiraj Sharma, Senior Data Scientist and Co-Inventor. “By integrating the latest automation and data mining tools with human judgment, we’re able to respond more efficiently and accurately than traditional methods. That’s where this patent truly delivers value.”

    The platform supports a wide range of document types—including unstructured and semi-structured PDFs, images, and text files—and automatically preserves selected coordinates for batch processing at scale. This not only accelerates review but also ensures consistent, defensible results across complex, multi-jurisdictional engagements.

    “We didn’t just apply automation for the sake of speed. We designed a product that understands the complexity of each task and empowers humans to make better decisions, faster,” said Sanskriti Shivhare, Team Lead and Co-Inventor.

    This newly issued patent strengthens ACTFORE’s growing intellectual property portfolio and reflects its continued investment in transforming breach response through applied AI. As data breach volumes rise and regulatory timelines tighten, ACTFORE’s patented technology sets a new industry benchmark for intelligent, scalable remediation.

    About ACTFORE
    ACTFORE delivers advanced AI/ML-powered data mining solutions for legal counsel, insurance carriers, and corporations, specializing in swiftly detecting and uncovering compromised sensitive information in cyber breaches. Capable of processing over 1 million files per hour, ACTFORE’s on-premises, on-shore, technology-first approach offers the fastest and most accurate assessments, enabling clients to quickly understand the scope of exfiltration, mitigate risk, and make informed decisions about ransom payments. Clients maintain full control of their data through ACTFORE’s secure lab or local deployment options. Trusted by over 25 insurance carriers and 35 law firms, including premier Am Law 100 firms, ACTFORE sets the new standard in incident response and data forensics. For more information, please visit www.actfore.com.

    Press Contact:

    Gilda Safowaa
    Communications & Content Strategist
    240-482-9570
    Gilda.Safowaa@actfore.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6ab26563-863e-4323-9b45-45a6c178bd92

    The MIL Network –

  • MIL-OSI: GraniteShares Announces Weekly Distributions for its YieldBOOST ETFs: COYY, TSYY, NVYY, XBTY, TQQY and YSPY

    Source: GlobeNewswire (MIL-OSI)

    New York, July 31, 2025 (GLOBE NEWSWIRE) — GraniteShares today announced the weekly distributions for its GraniteShares YieldBOOST ETFs: COYY, TSYY, NVYY, XBTY, TQQY and YSPY, as shown in the table below.

    ETF Ticker ETF Name Distribution Frequency Distribution per Share Distribution Rate1,3 30-Day SEC Yield2 ROC4 Ex-Date & Record Date5,6 Payment Date7
    COYY GraniteShares YieldBOOST COIN ETF Weekly $ 0.8413 180.02 % –   0.00 % Aug 01, 2025 Aug 05, 2025
    TSYY GraniteShares YieldBOOST TSLA ETF Weekly $ 0.2368 139.98 % 0.21 % 98.33 % Aug 01, 2025 Aug 05, 2025
    NVYY GraniteShares YieldBOOST NVDA ETF Weekly $ 0.5222 100.01 % 0.00 % 0.00 % Aug 01, 2025 Aug 05, 2025
    XBTY GraniteShares YieldBOOST Bitcoin ETF Weekly $ 0.4725 99.97 % 0.23 % 5.44 % Aug 01, 2025 Aug 05, 2025
    TQQY GraniteShares YieldBOOST QQQ ETF Weekly $ 0.1864 50.01 % 0.54 % 0.00 % Aug 01, 2025 Aug 05, 2025
    YSPY GraniteShares YieldBOOST SPY ETF Weekly $ 0.1954 49.99 % 0.91 % 0.00 % Aug 01, 2025 Aug 05, 2025


    Distributions are not guaranteed

    Standardized Performance and Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at www.graniteshares.com.

    1The Distribution Rate shown is as of based of the NAV per share as of July 30, 2025, adjusted for corporate actions. The Distribution Rate is the annual rate an investor would receive if the most recent distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return to the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing it by the most recent NAV adjusted for corporate actions.

    2The 30-Day SEC Yield represents the net investment income (excluding option income) earned by the ETF over the 30-day period ended June 30, 2025. It is expressed as an annualized percentage rate based on the ETF’s share price at the end of that period. This metric does not reflect the total income generated by the fund, as it excludes option premium income central to the YieldBOOST strategy.

    3Each GraniteShares YieldBOOST ETF seeks to generate income by selling put options on the underlying asset. While this strategy can generate attractive premiums, it generally caps the upside potential of the ETF. If the reference asset appreciates significantly, the ETF will not fully participate in those gains. However, if the reference asset declines in value, the ETF may experience losses that are not offset by the income received. Investors may be exposed to downside risk while forgoing upside participation.

    4ROC or Return of Capital indicates how much the distribution reflects an investor’s initial investment. The figures shown for each Fund in the table above are estimates based on the latest 19a1 forms and may later be determined to be taxable net investment income, short-term gains, long-term gains (to the extent permitted by law), or return of capital. Actual amounts and sources for tax reporting will depend upon the Fund’s investment activities during the remainder of the fiscal year and may be subject to changes based on tax regulations. Your broker will send you a Form 1099-DIV for the calendar year to tell you how to report these distributions for federal income tax purposes.

    5Ex-Date: The first day an ETF trades without the right to receive the upcoming distribution 

    6Record Date: The cut-off date set by the company to determine which ETF holders are eligible to receive the distribution

    7Payment Date: Date on which the distribution is paid to eligible ETF holders.

    Fund shareholders are not entitled to any distribution paid by the Underlying ETFs.

    GraniteShares Advisors LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.15%. This agreement is effective until December 31, 2025, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment.

    This website and its content have been provided by GraniteShares.

    Fund is newly launched and has risks associated with its limited operating history.

    The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. The distribution may include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease a fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. Performance current to the most recent month-end can be obtained by calling (844) 476 8747.

    Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a Prospectus or summary prospectus with this and other information about the Funds, please call (844) 476 8747 or. Read the prospectus or summary prospectus carefully before investing.

    The Distribution Rate and 30-Day SEC Yield is not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant. The distribution may include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease a fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These distribution rates caused by unusually favorable market conditions may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future. Additional fund risks can be found below.

    An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as option contracts and swaps are subject to market risks that may cause their price to include Risk of the Underlying ETF, Derivatives Risk, Affiliated Fund Risk, Put Writing Strategy Risk, Option Market Liquidity Risk, Counterparty Risk, Distribution Risk, & NAV Erosion Risk Due to Distribution. These and other risks can be found in the prospectus.

    There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment.

    An Investment in the Fund is not an investment in the Underlying ETFs

    – The Fund’s strategy will cap its potential gain if the Underlying ETFs share increases in value.
    – The Fund’s strategy is subject to all potential losses if the Underlying ETFs share decline, which may not be offset by the income received by the Fund,
    – The Fund does not invest directly in the Underlying ETFs,
    – Fund shareholders are not entitled to any distribution paid by Underlying ETFs.

    Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from the returns.

    This information is not an offer to sell or a solicitation of an offer to buy the shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.

    THE FUNDS AREDISTRIBUTED BY ALPS DISTRIBIUTORS, INC. GRANITESHRES IS NOT AFFILIATED WITH ALPS DISTRIBUTORS, INC.

    ©2025 GraniteShares Inc. All rights reserved. GraniteShares, GraniteShares ETFS, and the GraniteShares logo are registered and unregistered trademarks of GraniteShares Inc., in the United States and elsewhere. All other marks are the property of their respective owners.

    Media contact:

    Gregory FCA for GraniteShares
    Te’a Gray, 203-815-4514
    graniteshares@gregoryfca.com

    The MIL Network –

  • MIL-OSI: New TransUnion Analysis Finds 18 Million Auto Loan Borrowers Could Save Substantial Money by Refinancing Their Loans

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 31, 2025 (GLOBE NEWSWIRE) — As inflation remains persistent and interest rates stay elevated, many consumers continue to face pressure on their household budgets—prompting a growing search for ways to improve monthly cash flow. New research from TransUnion (NYSE: TRU) reveals that auto loan refinancing may offer a meaningful path to savings for millions of consumers, while also presenting a valuable opportunity for lenders.

    Of the nearly 80 million open auto loans in the U.S., approximately 18 million are considered “in-the-money” for refinancing. This term refers to borrowers whose current loan rates exceed the prevailing average APR, making them strong candidates to benefit financially from a refinance.

    TransUnion’s analysis found that while rising interest rates have reduced the average monthly savings from auto loan refinancing—from $1071 in 2021 to $90 in 2024—these savings remain meaningful for many consumers. More than half of consumers surveyed indicated they would be motivated to refinance if they could save between $50 and $149 per month.

    “At a time when we are still feeling the effects of inflation on budgets and spending, consumers are exploring every opportunity to save money,” said Jason Laky, executive vice president and head of financial services at TransUnion. “Refinancing an auto loan can reduce monthly payments substantially and bring much needed financial relief to millions of Americans.”

    The number of consumers who are “in-the-money” for an auto loan refinance is poised to grow substantially if the Federal Reserve lowers interest rates. Currently, approximately 18 million consumers meet the criteria and can lower their APR. However, even a modest 25-basis point rate cut would increase that number to nearly 20 million. A whole percentage point (100 basis points) reduction could expand the pool by an additional 6.5 million borrowers.

    More than half of the 18 million consumers “in-the-money” for a refinance have an estimated APR of greater than 10% on their existing auto loan

    Estimated APR on outstanding auto loan < 7.0% 7.0-7.99% 8.0-8.99% 9.0-9.99% 10.0-13.99% 14.0-19.99% >=20.0%
    Percent of consumers 7 % 15 % 16 % 10 % 17 % 20 % 15 %

    Source: TransUnion U.S. Consumer Credit Database

    Refinanced Auto Loans Continue to Outperform Purchase Loans Across Credit Tiers

    A consistent trend has emerged: auto refinance loans are demonstrating stronger performance compared to original purchase loans originated during the same period. This pattern holds true across all credit tiers, with particularly notable results among near prime borrowers.

    An analysis of Q4 2023 vintage loans reveals that consumers who refinanced their auto loans were significantly less likely to be 60 or more days past due (DPD) at the 12-month mark—by a margin of 170 basis points. The performance gap was even more pronounced within the near prime segment, where refinance borrowers outperformed purchase loan borrowers by 320 basis points.

    “Many auto loan borrowers may not realize that refinancing is an option,” said Satyan Merchant, senior vice president and auto and mortgage business leader at TransUnion. “As a result, those who do refinance tend to be more financially savvy and proactive about managing their credit. At a time when other segments of the auto loan market are facing performance challenges, lenders should consider targeting qualified borrowers for refinance opportunities, which have historically shown stronger repayment behavior.”

    In addition to using traditional credit for prescreening purposes, lenders should employ tools to ensure that offers are made in accordance with their current underwriting strategies. For example, leveraging TransUnion TruVision LTV prescreens as part of the prescreen process would help find consumers who are in a specific equity position for a refinance offer. TruAudience Consumer Insights can help refine marketing content for prescreen campaigns or identify new audiences and channels for invitation-to-apply campaigns.

    1 Adjusted for inflation to 2024 dollars.

    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 –

  • MIL-OSI: Cerence AI to Participate in Two Investor Conferences in August

    Source: GlobeNewswire (MIL-OSI)

    BURLINGTON, Mass., July 31, 2025 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that the company will participate in two investor conferences in August:

    • Raymond James Industrial Showcase – Cerence AI will host one-on-one investor meetings at the virtual investor conference on Thursday, August 14, 2025.
    • Needham & Company’s 6thAnnual Virtual Semiconductor & SemiCap 1×1 Conference – Cerence AI will host one-on-one investor meetings at the conference on Thursday, August 21, 2025.

    To schedule a meeting, please contact your Raymond James or Needham representative, or Cerence AI Investor Relations at cerence@pondel.com.

    To learn more about Cerence AI, visit www.cerence.ai, and follow the company on LinkedIn.

    About Cerence Inc.
    Cerence Inc. (NASDAQ: CRNC) is a global industry leader in creating intuitive, seamless, AI-powered experiences across automotive and transportation. Leveraging decades of innovation and expertise in voice, generative AI, and large language models, Cerence powers integrated experiences that create safer, more connected, and more enjoyable journeys for drivers and passengers alike. With more than 525 million cars shipped with Cerence technology, the company partners with leading automakers, transportation OEMs, and technology companies to advance the next generation of user experiences. Cerence is headquartered in Burlington, Massachusetts, with operations globally and a worldwide team dedicated to pushing the boundaries of AI innovation. For more information, visit www.cerence.ai.

    Contact Information

    Media Relations: press@cerence.com

    Investor Relations: cerence@pondel.com

    The MIL Network –

  • MIL-OSI: GigaCloud Technology Inc to Announce 2025 Second Quarter and Six Month Financial Results and Host Conference Call on August 7, 2025

    Source: GlobeNewswire (MIL-OSI)

    EL MONTE, Calif., July 31, 2025 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced that it will report its financial results for the second quarter and six months ended June 30, 2025 after the market closes on Thursday, August 7, 2025. The Company will host a conference call to discuss its financial results on the same day at 6:30 PM Eastern Time.

    To access the conference call, participants should pre-register here to receive the dial-in information and a unique PIN. All participants are encouraged to dial-in 15 minutes prior to the conference call’s start time.

    A live and archived webcast of the conference call will be accessible on the Company’s investor relations website at https://investors.gigacloudtech.com/news-events/events.

    About GigaCloud Technology Inc
    GigaCloud Technology Inc is a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise. The Company’s B2B ecommerce platform, the “GigaCloud Marketplace,” integrates everything from discovery, payments and logistics tools into one easy-to-use platform. The Company’s global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia and Europe, to execute cross-border transactions with confidence, speed and efficiency. GigaCloud offers a comprehensive solution that transports products from the manufacturer’s warehouse to the end customer’s doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories, including home appliances and fitness equipment. For more information, please visit the Company’s website: https://investors.gigacloudtech.com/

    For investor and media inquiries, please contact:

    The MIL Network –

  • MIL-OSI: ReconAfrica Provides a Corporate Update and Announces That the Kavango West 1X Well Has Started Drilling

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 31, 2025 (GLOBE NEWSWIRE) — Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces that the Kavango West 1X exploration well is currently drilling and provides a corporate update on ongoing operations.

    Kavango West 1X (Prospect I) – Well Spud on July 31st

    The Kavango West 1X exploration prospect spud on July 31st. The well is planned to reach total depth (TD) of approximately 3,800 metres (12,500 feet) by the end of November 2025 and is expected to penetrate over 1,500 metres of Otavi carbonate reservoir section, which is the primary target of the Damara Fold Belt play.   The prospect is a large structural fold identified on modern 2D seismic data, which extends over 22 kilometers long by 3 kilometers wide. The Company has identified over 19 prospects and four leads mapped in the Damara Fold Belt trend, with an additional 5.0 million acres captured in a recently executed Memorandum of Understanding in offsetting Angola. More information about the Damara Fold Belt Play, and the Kavango West 1X well, can be found in the Corporate Presentation available on the Company’s website.

    Brian Reinsborough, President and CEO stated: “We are pleased to announce that we have started drilling the Kavango West 1X well. This is an exciting time for everyone at the Company, our partners and stakeholders in Namibia and, of course, shareholders alike. Originally, the Kavango West 1X location was not scheduled to be the next well, but the location was reprioritized after the results of our last well, Naingopo. While this reprioritizing resulted in a slightly longer lead time to spud this location, the Company prioritizes rigorous technical appraisal with respect to location selection to ensure we have the best possible chance for commercial success. We think that the Kavango West 1X prospect represents our best opportunity in the Damara Fold Belt to unlock the potential of this play and we look forward to reporting results expected before year-end 2025.”

    Chris Sembritzky, SVP Exploration commented: “By utilizing our learnings from the Naingopo well, Kavango West 1X represents the best opportunity we have identified on seismic in the Damara Fold Belt play due to its size, hydrocarbon migration pathway and well defined four-way closure.  With our new subsurface learnings, highly experienced drilling crew and optimized, built for purpose drill bits, we believe that we have captured the best possible chance for drilling an efficient, safe and commercially successful well.”

    Corporate Update

    Due to our ongoing drilling activities, the previously announced 3D seismic program that had been scheduled for the second half of 2025 has been moved to the 2026 operating program.The Company is continually reviewing potential investment opportunities that may include acquisition of further acreage for exploration, development and producing properties and joint venture transactions that target acceleration of production and free cash flow, particularly due to the Company’s concentrated asset risk profile.

    Stock Option Grants

    As part of the annual compensation review, the Company has granted incentive stock options (the “Options”) to certain directors, officers, employees and consultants of the Company to acquire an aggregate of 6,960,000 common shares at an exercise price of $0.60 per share. The Options are exercisable for a five-year term expiring July 31, 2030, and will be subject to certain vesting provisions as determined by the Board of Directors of the Company in accordance with the Company’s Stock Option Plan. The Options granted to insiders are subject to restrictions on resale until November 30, 2025, in accordance with the policies of the TSX Venture Exchange.     

    About ReconAfrica

    ReconAfrica is a Canadian oil and gas company engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia, southeastern Angola and northwestern Botswana, where the Company holds petroleum licences comprising ~13 million contiguous acres. In all aspects of its operations, ReconAfrica is committed to minimal disturbance of habitat in line with international standards and implementing environmental and social best practices in its project areas.

    Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    For further information contact:

    Brian Reinsborough, President and Chief Executive Officer
    Mark Friesen, Managing Director, Investor Relations & Capital Markets

    IR Inquiries Email: investors@reconafrica.com

    Media Inquiries Email: media@reconafrica.com

    Cautionary Note Regarding Forward-Looking Statements:

    Certain statements contained in this press release constitute forward-looking information under applicable Canadian, United States and other applicable securities laws, rules and regulations, including, without limitation, statements with respect to the expected timing of spud of the Kavango West 1X well, the well being drilled to a planned total depth of approximately 3,800 metres (12,500 feet), timing to reach total depth of the well, the planning, timing and commencement of a 3D seismic program, identifying and capturing potential opportunities and the Company’s commitment to minimal disturbance of habitat, in line with best international standards and its implementation of environmental and social best practices in its project areas. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on ReconAfrica’s current belief or assumptions as to the outcome and timing of such future events. There can be no assurance that such statements will prove to be accurate, as the Company’s actual results and future events could differ materially from those anticipated in these forward-looking statements as a result of the factors discussed in the “Risk Factors” section in the Company’s annual information form (“AIF”) dated April 29, 2025 for the financial period ended December 31, 2024, available under the Company’s profile at www.sedarplus.ca. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to ReconAfrica. The forward-looking information contained in this release is made as of the date hereof and ReconAfrica undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

    The MIL Network –

  • MIL-OSI Banking: Samsung TV Plus partners with LADbible Group to launch LADbible FAST Channel

    Source: Samsung

    London, U.K. – 31 July, 2025 – Leading social entertainment business LADbible Group makes its debut on television screens with the launch of the LADbible Free Ad-Supported Streaming TV (FAST) channel.
     
    Now available in the UK on Samsung TV Plus, Samsung’s FAST platform, LADbible FAST Channel will showcase the Group’s most loved original programming 24/7, including hit series such as Minutes With, Snack Wars, Agree to Disagree and Would You Rather.
     
    As viewing habits shift, LADbible Group is expanding its reach to meet audiences exactly where they are. Insights from Samsung’s 2024 Anatomy of a Streamer research report show that Gen Z Samsung Smart TV viewers are embracing streaming TV, watching an average of 1 hour and 38 minutes of streamed content per day, compared to just over 49 minutes for Boomers.
     
    The channel offers a bold mix of entertaining, unfiltered moments with household celebrities and untold stories from around the world, all delivered straight into viewers’ homes. Whether it’s Minutes With, spotlighting powerful, personal stories from mental health advocates to reformed gangsters, or Snack Wars featuring stars like Sabrina Carpenter, Ryan Gosling or Paul Mescal, each show is designed to entertain, spark conversation, and put viewers into the heart of culture.
     
    To mark the launch, LADbible Group will also premiere its new format ‘Jury Room’, a debate show that takes on issues the public can not agree on, hosted by ‘Juries’ – from barristers, business owners, gangsters, to Gen Z influencers. The six-part series will see the first episode questioning, “Should we bring back military conscription in the event of war?”. It will be available on CTV and YouTube.
     
    LADbible’s original programming has seen notable growth and success. Its audience has grown to over 280 million views on YouTube alone with a YOY increase of 20%, averaging a staggering 100 million minutes per month.
     
    Becky Gardner, Head of Originals said, ‘LADbible on TV presents an exciting new opportunity to expand our reach and connect with even more viewers of our shows. This launch reflects our dedication to being where our audience is, delivering always-on entertainment that they love – anytime, anywhere, on any screen. We’re thrilled to bring LADbible directly into people’s homes”
     
    Gus Grimaldi, Head of Samsung TV Plus EMEA, added: “LADbible is a global powerhouse of entertainment, and we’re thrilled to bring their first-ever TV channel to Samsung TV Plus users for free in the UK. With young viewers rapidly turning to CTV and watching from the comfort of their own homes, Samsung TV Plus is at the forefront of connecting audiences with high quality entertainment.  LADbible is the ideal content partner to reach the ever-growing number of FAST TV viewers.”
     
    Availability:
    LADbible is now live on Samsung TV Plus, available pre-installed on 2016+ Samsung Smart TVs and on Samsung Galaxy smartphones and tablets. Channel number: 4093
     
    About LADbible Group
    LADbible Group is a leading social entertainment business, reaching a global audience of 520 million followers. In the UK alone, it reaches two‑thirds of 18‑ to 34‑year‑olds and ranks as the fifth largest social and digital business. The Group operates a diverse portfolio of brands and platforms, including LADbible, SPORTbible, UNILAD and Betches, and operates over seven websites. Every month, it generates 13.9 billion views on social and 2,700 views per second. Its purpose is to give young adults a voice by building communities that laugh, think and act, with content that spans entertainment, celebrity interviews, news, live documentary and factual programming. LADbible Group has an international presence spanning all corners of the globe, with physical offices across APAC, US, the UK and Ireland. The Group has been widely recognised across the industry for its impactful social good campaigns, brand partnerships and original programming. This includes Media Brand of the Year at the Media Week Awards, Commercial Team of the Year at the Campaign Media Awards and Web Channel of the Year at the Broadcast Digital Awards.
     
    About Samsung TV Plus
    Samsung TV Plus is free streaming, TV with no subscription and no additional device or credit card needed. The service is pre-installed on all 2016+ Samsung Smart TVs, and on Samsung Galaxy smartphones and tablets in select territories. Samsung TV Plus instantly delivers a vast and growing library across multiple genres including news, sports, entertainment, as well as a video on demand catalogue of your favourite movies and popular shows. The free, ad-supported streaming video service is available globally in 30 territories, all you need is an internet connection. For the latest on Samsung TV Plus, please visit www.samsungtvplus.com.

    MIL OSI Global Banks –

  • MIL-OSI USA: Building Connecticut’s Shellfish Workforce and Industry Resilience

    Source: US State of Connecticut

    In the coastal waters of Long Island Sound, Connecticut’s shellfish industry is quietly thriving and evolving. A statewide effort led by Connecticut Sea Grant and UConn Extension professionals is helping prospective farmers, agriscience teachers, and environmental professionals dive into the world of aquaculture with the Foundations of Shellfish Farming course.

    Now entering its fourth year, the course has become a vital entry point for people launching or expanding their careers in the shellfish industry, and the results are rippling across the state.

    A Deep Dive into Aquaculture

    “In this business, you need to get up early and go to work even when it’s not always fun. But we try to prepare people for that reality, and for the opportunities that come with it,” says Mike Gilman, an assistant extension educator and co-instructor of the course.

    A former high school science teacher, Gilman co-owns an oyster business and has experienced firsthand the long, uncertain path from lease applications to harvesting a market-ready crop.

    Tessa Getchis, senior extension educator and aquaculture specialist, co-teaches the course with Gilman.

    “We’ve created a program that combines science, policy, and lived experience. Students walk away with a binder full of resources, a support network, and a deeper understanding of the industry,” Getchis says.

    The course was launched through a National Oceanic and Atmospheric Administration grant. Foundations of Shellfish Farming offers 12 weeks of intensive, in-person instruction each winter. Classes are held at UConn Avery Point, and the curriculum includes biology lessons, business planning, regulatory guidance, and mental and emotional preparedness for the unpredictable world of shellfish farming.

    The course enrolls around 15 participants annually, with a cap of 20 to ensure knowledge sharing and individualized attention. Students range from new farmers to conservation professionals, and entrepreneurs.

    From Classroom to Coast

    The course’s hands-on emphasis extends beyond the classroom. Each year, students have an opportunity for real-world experience through the Sharing Hands-On Understanding and Cultivating Knowledge on Shellfish (SHUCKS) internship program, a partnership with Sixpenny Oyster Farm in Noank.

    Last year’s interns were funded by the Small Business Development Fund, with preference given to Foundations students. One of the interns, Sam Tucker of Clinton, was already a seasoned shellfish worker. A music teacher by trade, Tucker recently planted his first crop of oysters after navigating a complex, years-long permitting process.

    This season, two new interns are back on the water with funding from Connecticut Sea Grant. Sixpenny co-owners Will Ceddia and Jason Hamilton oversee the interviews and day-to-day management of interns. Gilman and Getchis facilitate the program, provide orientation, and collect feedback.

    Opening the Industry Door

    The Foundations course addresses a significant barrier in the shellfish industry: access.

    “Shellfishing has traditionally been a hard industry to enter,” Gilman says. “One of our goals is to make the path clearer and more inclusive.”

    The start-up requirements and expenses involved can also be a disincentive. In some cases, the Foundations course has helped students decide a large investment in shellfish farming isn’t the right choice for them.

    “If this class helps a student realize that aquaculture isn’t for them, before they spend years in the permitting process and potentially thousands of dollars in equipment, that’s actually a win for the industry,” says Gilman.

    But for many, the course is the launchpad they need to start or expand their businesses.

    Four new farms have launched directly from the program with multiple others currently in the process of becoming established operations. Also, some former students now hire interns or share equipment.

    Participants report increased confidence with permitting, inspections, and gear management. A six-month follow-up survey shows that more than 60% of graduates are actively engaged in industry work, environmental stewardship, or continued aquaculture training.

    The course is a requirement for new licensees through the Connecticut Department of Agriculture’s Bureau of Aquaculture. Gilman and Getchis also consult regularly with the Bureau and other subject matter experts to adapt content to emerging issues, such as pests, predators, diseases, impaired water quality and climate (for example, the growing threat of rainfall-related closures).

    Sustaining the Future

    The Foundations course goes beyond shellfish biology and gear types. It includes sessions on physical and mental health, business planning, and managing risks. “Farming shellfish is isolating and physically demanding,” says Gilman. “We don’t shy away from that. We talk about how to stay safe, how to deal with closures, and how to make it through when things get tough.”

    Another recent innovation honors the legacy of former Guilford Shellfish Commissioner, Peter Charland, who passed away in 2024. In partnership with the Guilford Shellfish Commission, the team created aquaculture worker starter packs with boots, sun gear, and other essentials which were distributed during a ceremony this spring. A larger grant seeks to continue this initiative and help reduce startup costs for new entrants.

    Extreme weather and regulatory hurdles challenge the industry, making sustainable shellfish aquaculture more important than ever. Connecticut remains one of the top six shellfish-producing states, with over 50 businesses supported by its oyster and clam operations.

    The next steps for Gilman and Getchis include facilitating more pathways from coursework to water-based experience.

    “You don’t need an advanced degree to grow oysters,” says Gilman. “We need plumbers, electricians, and mechanics, people with complementary skills who can fix a pump or a boat engine and aren’t afraid to get dirty.”

    For now, the Foundations course is cultivating more than oysters; it’s growing a community.

    “Our students stay in touch. They ask questions, they call us for help, and they show up at industry meetings,” Getchis says. “It’s been incredible to watch this bubble of new energy form around Connecticut aquaculture. That’s the kind of impact you hope for in Extension.”

    The Connecticut Sea Grant College Program (CTSG) is part of the National Sea Grant College Program network, administered by the National Oceanic and Atmospheric Administration (NOAA). CTSG is based at UConn Avery Point in Groton. Several staff members have academic appointments in the College of Agriculture, Health and Natural Resources, including UConn Extension. For more than 30 years, CTSG has worked to foster the wise use and conservation of coastal and marine resources of Long Island Sound and beyond through research, outreach and education. It is science serving the coast! 

    MIL OSI USA News –

  • MIL-OSI Africa: ‘Evolution of energy landscape’ requires deepening government, industry collaboration

    Source: Government of South Africa

    ‘Evolution of energy landscape’ requires deepening government, industry collaboration

    The success of South Africa’s energy transition depends, in part, on deepening and stronger collaboration between government and the renewable energy industry to fill out policy implementation gaps and drive investment.

    This according to Chief Executive Officer of the South African Wind Energy Association (SAWEA), Niveshen Govender, who participated in a panel discussion on the sidelines of the third G20 Energy Transitions Working Group (ETWG) meeting held in the North West.

    “From an industry perspective… there are a number of requirements that we have to work on with government to ensure that we implement. I think we are doing a good job… We have the energy one stop shop that is now a single point of access to all permitting. You have the Department of Energy and Electricity with a minister [Dr Kgosientsho Ramokgopa] who is very active in unblocking [challenges]. 

    “We have seen government’s readiness of market and allowing for business to come in, invest [and] implement on cost, on time – as quickly as possible – to get those electrons into place,” Govender said.

    He noted that the industry and government stand at the same point with a “lot of commonalities” between the two.

    “[This is] in terms of ensuring that we have access to energy per country, we have affordable energy to actually use, we have security of supply so we don’t go back to load shedding and we have sustainability in the long-term for reducing our carbon emissions.

    “The Minister [Dr Kgosientsho Ramokgopa] very succinctly articulated… the importance of the energy mix and the importance of renewable energy being central to the decarbonisation of that energy mix,” Govender said.

    However, despite these commonalities, misalignments still remain.

    “We have very good policies in South Africa, top tier policies. They give good direction and good guidance. It takes everything into consideration… for the people of South Africa to make sure that we’re leaving no one behind.

    “Where we do struggle is implementation of these policies. I think the biggest one of those is investor readiness. If you are not engaging industries, your readiness is going to [be impacted] as to what does the investor need to make that policy a reality,” the industry expert said.

    He described the current developmental pace of the industry as an “evolution of the energy landscape”.

    “We’ve moved from, essentially, the monopoly that Eskom was into public procurement of renewable energy and IPPs [Independent Power Producers]. Now we’re moving into bilateral agreements between these IPPs and… users. We’re even moving one step further into a liberalised energy market where you have traders and aggregators playing a role.

    “We see this evolution of the electricity space that’s changing how we do business. It’s changing how we look at the landscape and energy planning,” Govender said. – SAnews.gov.za

    NeoB

    MIL OSI Africa –

  • MIL-OSI Africa: Government launches project for investors in energy sector

    Source: Government of South Africa

    Government launches project for investors in energy sector

    As part of ongoing efforts to unlock infrastructure investments and strengthen the energy sector, government is calling on investors to invest in the country’s transmission infrastructure through the Independent Transmission Projects (ITPs) Programme.

    This initiative marks the first time private investment will be allowed in South Africa’s transmission infrastructure, paving the way for a faster rollout of new high-voltage power lines across the country.

    “This will support the efforts already underway by the National Transmission Company of South Africa to implement the Transmission Development Plan, which calls for more than 14 000 km of new lines to be built over the next decade.

    “The introduction of ITPs is a key objective of Operation Vulindlela Phase II and will play an important role in the broader reform of the energy system. This reform includes the introduction of a competitive electricity market, which will allow multiple generators and traders to compete to provide electricity to consumers at the lowest cost and with the greatest efficiency,” Deputy Minister of Finance Dr David Masondo said on Thursday.

    Addressing the launch of the Request for Pre-Qualifications for Independent Transmission Projects (ITPs) in Johannesburg, the Deputy Minister said the reform of the energy system is advancing rapidly, and its commitment remains unwavering. 

    “We will not allow any vested interests to delay or obstruct this reform process, including Eskom itself. Indeed, today’s release of the Request for Quotation (RFQ) demonstrates that government, led by [Electricity] Minister Dr [Kgosientsho] Ramokgopa and his team, is working hard to implement the reforms that are needed to ensure long-term energy security and expand access to affordable electricity for all South Africans.

    “National Treasury has supported this process through the design of a Credit Guarantee Vehicle, as an innovative mechanism to unlock private capital and complement public financing for infrastructure while minimising contingent liabilities,” he said.

    South Africa is faced with a significant infrastructure financing need. 

    It is estimated that South Africa’s infrastructure gap is around R3.5 to R4 trillion by 2025, or around R400 billion per annum. 

    “This substantial need calls for scaling up of public financing for infrastructure as well as crowding in private capital through public-private partnerships (PPP). The objective of the Credit Guarantee Vehicle is to mobilise and leverage private capital to address South Africa’s infrastructure financing gap by mitigating offtake risk for private investors. 

    “This vehicle will also support the efficient deployment of development partner funding under the Just Energy Transition Partnership (JETP) and the achievement of the country’s decarbonisation commitments,” the Deputy Minister said.

    While the Credit Guarantee Vehicle will focus on the initial phase on enabling investments in transmission infrastructure, it will be expanded into other areas such as logistics and water over time. 

    “The vehicle will be incorporated as a private company in South Africa, regulated by the Prudential Authority. It will operate as a standalone entity with an independent balance sheet and will target a minimum credit rating of AAA.

    “A professional executive management team and board of directors with relevant experience and expertise will be appointed to operate and manage the fund,” he said.

    The Credit Guarantee Vehicle will issue a combination of payment and termination guarantees to a Special Purpose Vehicle established for the project. 

    This will substantially derisk early investments in ITPs until the model has been proven and established.

    “We are targeting an initial capital raise of US$500 million for the vehicle, spread across a range of development partners. National Treasury has committed to providing first loss capital of 20%, which will be an initial US$100 million increasing to US$500 million (R9 billion) if needed.

    “In February 2025, the Minister of Finance [Enoch Godongwana] wrote to a range of development partners asking them to submit an expression of interest to invest in the vehicle. The responses received have been overwhelmingly positive, with 32 development partners engaged thus far,” the Deputy Minister said.

    Formal engagements with participating partners are continuing and will lead to the delivery of conditional equity participation commitment letters in the third quarter of 2025.

    This will enable the Credit Guarantee Vehicle to be operationalized by July 2026 to align with the first phase of ITP projects.

    “South Africa’s ITP programme, backed by credit guarantees, represents a globally innovative model which has been designed with our own context and needs in mind. 

    “It will not only result in massive new investment in infrastructure but will enable thousands of megawatts of new renewable energy capacity to be connected in areas where grid capacity is limited. This will support economic growth, create jobs, and power our economy into the future,” Masondo said. –SAnews.gov.za

    nosihle

    MIL OSI Africa –

  • MIL-OSI United Nations: 31 July 2025 Departmental update Redefining the HIV response in Africa through local production of medicines and diagnostics

    Source: World Health Organisation

    While Sub-Saharan Africa bears the highest HIV burden globally and is home to almost 65% of all people living with HIV, for decades, access to HIV treatment across the African region depended almost entirely on imports of lifesaving drugs and diagnostic tests manufactured thousands of miles away. 

    To boost supply chain resilience and regional self-reliance, WHO’s Global HIV, Hepatitis and Sexually Transmitted Infections Programmes Department, in collaboration with the Regulation and Prequalification Department, has been actively advocating for locally manufactured quality-assured medicines and diagnostics. This work is carried out in close partnership with countries, manufacturers in Africa and partners such as the Global Fund and Unitaid. 

    In 2023, Universal Corporation Ltd (UCL), a Kenya-based pharmaceutical company led by Mr Palu Dhanani, became the first African manufacturer to receive WHO prequalification to produce tenofovir disoproxil fumarate, lamivudine and dolutegravir (TLD), a WHO-recommended first-line antiretroviral therapy for HIV infection.

    “Local production of quality-assured health products is an urgent priority. With every African manufacturer that meets WHO prequalification standards, we move closer to a more self-reliant, resilient, and equitable health system. Regulation and prequalification are not just technical processes; they are catalysts for health sovereignty and timely access to lifesaving medicines and diagnostics,” said Dr Rogerio Gaspar, WHO Director for Regulation and Prequalification.

    A first for the continent

    As recently announced, the Global Fund now procures UCL’s TLD for Mozambique, marking the first time TLD is manufactured on African soil. This milestone reflects ongoing collaboration between WHO and the Global Fund to support essential HIV services, through the NextGen market shaping approach.

    “The procurement of the African-manufactured first-line HIV treatment by the Global Fund for Mozambique is a great milestone towards strengthening supply chain systems in Africa. This will contribute to better health outcomes for people living with HIV who need uninterrupted medicine supplies,” said Dr Meg Doherty, Director of WHO’s Global HIV, Hepatitis and STIs Programmes.  

    However, production alone isn’t enough. To ensure sustainable and resilient supply chains, critical enablers are needed, such as advanced market commitments, fair procurement policies and continued technical support.

    WHO shares the vision of a world where every region has the capacity to secure its own health. Locally manufactured TLD is a major step towards that goal, but more action is needed. African manufacturers should be prioritized in global supply chains, and  guaranteed equitable access to health technologies that meet quality, safety and efficacy/performance standards.

    HIV testing: another critical frontline

    HIV testing is a critical health service and a vital gateway to both prevention and treatment. With current shifts in donor funding, many countries are facing financial strain, putting testing programmes at risk. Keeping people living with HIV on treatment is important and requires affordable and reliable access to HIV rapid tests. 

    WHO is urging governments to shift towards low-cost, quality-assured HIV rapid tests, especially the first test in their national testing algorithms, for significant cost savings. 

    Codix Bio, a Nigerian in-vitro diagnostics company, has received a sublicense to manufacture rapid diagnostic tests (RDTs), with an initial focus on RDTs for HIV, using technology transferred from the global in-vitro diagnostics company SD Biosensor. Thanks to the collaborative efforts of WHO’s Health Technology Access Programme and the Medicines Patent Pool, this new local manufacture of HIV RDTs will improve access to affordable diagnostic tests and help mitigate disruptions of HIV testing services.

    “Having locally produced HIV RDTs will help increase affordability, and more broadly address supply chain vulnerabilities and delays in access to diagnostics,” said Dr Meg Doherty, Director of WHO’s Global HIV, Hepatitis and STIs Programmes.

    In addition to switching to low-cost quality-assured HIV tests, WHO encourages countries to use HIV self-tests to mitigate gaps in human resources for health as well as stockouts for the first RDT in national algorithms.

    MIL OSI United Nations News –

  • MIL-OSI United Nations: Nuclear Science and Nuclear Security Infrastructure to Protect Rare Rhinos: IAEA-Supported Project Marks a Milestone

    Source: International Atomic Energy Agency (IAEA)

    In a pioneering effort to combat wildlife trafficking of the threatened rhinoceros, a South African University today began implementing a project supported by the International Atomic Energy Agency (IAEA). The project combines the safe insertion of radioactive isotopes into rhino horns and available nuclear security infrastructure to deter and detect illegal poaching.

    With over 10,000 rhinos lost to poaching in the past decade, South Africa – home to the world’s largest population of rhinos – remains a target for criminals driven by the illegal trade of rhino horn. In the first quarter of 2025 alone, the South African Ministry of Forestry, Fisheries and the Environment reported 103 rhinos poached. In response, this project run by the University of the Witwatersrand is using radiation to support conservation and enforcement efforts.

    After two years of initial tests, the Rhisotope Project was created in 2021 with the idea to tag rhino horns with radioactive material. This makes the horns detectable by radiation portal monitors (RPMs) already deployed at borders, ports and airports worldwide. These RPMs, commonly used to detect nuclear and other radioactive material, can now be harnessed against wildlife crime.

    The IAEA’s support to the Rhisotope Project leverages its central role in strengthening the global nuclear security framework. With millions of vehicles and people crossing borders every day, the use of an estimated 10,000 RPMs worldwide has become a critical tool for detecting unauthorized transboundary movements of nuclear and other radioactive material.

    “The Rhisotope Project shows how nuclear science and nuclear security infrastructure can be used in new ways to address global challenges,” said IAEA Director General Rafael Mariano Grossi. “The IAEA is supporting countries to maximize the benefits of nuclear. By using already installed nuclear security infrastructure in novel ways, we can help protect one of the world’s most iconic and endangered species.”

    At an event today in the Waterberg, Limpopo, about 250 kilometres north of Johannesburg, the University of Witwatersrand announced the results of the rigorous safety assessments conducted during the pilot phase of the project. In June last year, radioisotopes were inserted into 20 rhinos. Health monitoring and cytological examinations of 15 treated animals and a comparison of five animals not treated were conducted by Ghent University in Belgium. The test results proved that the method is non-invasive and does not pose a risk to the rhinos’ health.

    “This has been an international collaboration of likeminded individuals who are trying to make a real difference to this poaching crisis,” said James Larkin, Director, Radiation and Health Physics Unit at the University of the Witwatersrand. “We started with the question – what if radiation could protect rather than harm, by turning rhino horns into traceable markers that stop poachers before they trade? After two years of digital modelling, safety testing and detection simulations, we’re ready to roll out a solution that could truly reduce rhino poaching.”

    The success of project also opens the door for future applications to other endangered species.

    “The methodology could be adapted to protect other endangered species like elephants or pangolins,” said Larkin.

    The IAEA is providing both technical and financial support to the project under its Coordinated Research Project titled Facilitation of Safe and Secure Trade Using Nuclear Detection Technology – Detection of RN and Other Contraband. As part of the project, the Agency also supports countries in their efforts to optimize the detection of radiation by the use of its Minimum Detectable Quantity and Alarm Threshold Estimation Tool, thereby allowing detection of the tagged with radiation rhino horns.

    “The Rhisotope Project brings the entire global nuclear security network into play,” said Elena Buglova, Director of the IAEA Division of Nuclear Security. “The nuclear security infrastructure that exists in many countries around the world to detect smuggling of nuclear and other radioactive material can be used to pick up the trafficking of rhino horn, and any other contraband that might be carried alongside it. Committing to nuclear security pays off in multiple ways.”

    B-roll and photos will be made available here.

    MIL OSI United Nations News –

  • MIL-OSI Security: Nuclear Science and Nuclear Security Infrastructure to Protect Rare Rhinos: IAEA-Supported Project Marks a Milestone

    Source: International Atomic Energy Agency – IAEA

    The Rhisotope Project team inserting radioactive isotopes into rhino horns. (Martin Klinenboeck/IAEA)

    In a pioneering effort to combat wildlife trafficking of the threatened rhinoceros, a South African University today began implementing a project supported by the International Atomic Energy Agency (IAEA). The project combines the safe insertion of radioactive isotopes into rhino horns and available nuclear security infrastructure to deter and detect illegal poaching.

    With over 10,000 rhinos lost to poaching in the past decade, South Africa – home to the world’s largest population of rhinos – remains a target for criminals driven by the illegal trade of rhino horn. In the first quarter of 2025 alone, the South African Ministry of Forestry, Fisheries and the Environment reported 103 rhinos poached. In response, this project run by the University of the Witwatersrand is using radiation to support conservation and enforcement efforts.

    After two years of initial tests, the Rhisotope Project was created in 2021 with the idea to tag rhino horns with radioactive material. This makes the horns detectable by radiation portal monitors (RPMs) already deployed at borders, ports and airports worldwide. These RPMs, commonly used to detect nuclear and other radioactive material, can now be harnessed against wildlife crime.

    The IAEA’s support to the Rhisotope Project leverages its central role in strengthening the global nuclear security framework. With millions of vehicles and people crossing borders every day, the use of an estimated 10,000 RPMs worldwide has become a critical tool for detecting unauthorized transboundary movements of nuclear and other radioactive material.

    “The Rhisotope Project shows how nuclear science and nuclear security infrastructure can be used in new ways to address global challenges,” said IAEA Director General Rafael Mariano Grossi. “The IAEA is supporting countries to maximize the benefits of nuclear. By using already installed nuclear security infrastructure in novel ways, we can help protect one of the world’s most iconic and endangered species.”

    At an event today in the Waterberg, Limpopo, about 250 kilometres north of Johannesburg, the University of Witwatersrand announced the results of the rigorous safety assessments conducted during the pilot phase of the project. In June last year, radioisotopes were inserted into 20 rhinos. Health monitoring and cytological examinations of 15 treated animals and a comparison of five animals not treated were conducted by Ghent University in Belgium. The test results proved that the method is non-invasive and does not pose a risk to the rhinos’ health.

    “This has been an international collaboration of likeminded individuals who are trying to make a real difference to this poaching crisis,” said James Larkin, Director, Radiation and Health Physics Unit at the University of the Witwatersrand. “We started with the question – what if radiation could protect rather than harm, by turning rhino horns into traceable markers that stop poachers before they trade? After two years of digital modelling, safety testing and detection simulations, we’re ready to roll out a solution that could truly reduce rhino poaching.”

    The success of project also opens the door for future applications to other endangered species.

    “The methodology could be adapted to protect other endangered species like elephants or pangolins,” said Larkin.

    The IAEA is providing both technical and financial support to the project under its Coordinated Research Project titled Facilitation of Safe and Secure Trade Using Nuclear Detection Technology – Detection of RN and Other Contraband. As part of the project, the Agency also supports countries in their efforts to optimize the detection of radiation by the use of its Minimum Detectable Quantity and Alarm Threshold Estimation Tool, thereby allowing detection of the tagged with radiation rhino horns.

    “The Rhisotope Project brings the entire global nuclear security network into play,” said Elena Buglova, Director of the IAEA Division of Nuclear Security. “The nuclear security infrastructure that exists in many countries around the world to detect smuggling of nuclear and other radioactive material can be used to pick up the trafficking of rhino horn, and any other contraband that might be carried alongside it. Committing to nuclear security pays off in multiple ways.”

    B-roll and photos will be made available here.

    MIL Security OSI –

  • MIL-OSI: FTC Solar Launches Safe Harbor Strategy Leveraging Module-Agnostic Universal Torque Tubes & Engineering Services Expertise to Enable Tax Credit Certainty

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 31, 2025 (GLOBE NEWSWIRE) — FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, stands ready with an industry-leading Safe Harbor offering to enable utility-scale developers/IPPs to establish “begin construction” status in time to secure full ITC eligibility under the Inflation Reduction Act (IRA) and new “One Big Beautiful Bill” (OBBB) rules. FTC Solar is supporting customer’s safe harbor content and planning with smart and flexible safe harbor options today and faster installation times tomorrow.

    With the recent policy shifts under the OBBB, many developers face ambiguity in how best to qualify their projects for the 30% ITC and bonus domestic content adder. FTC Solar is uniquely positioned to provide two viable paths to safe harbor qualification:

    1. Capex Safe Harbor via early procurement of FTC’s highly project extensible tracker components, including universal torque tubes, and;
    2. Physical Work Safe Harbor via early-stage foundation procurement and installation, guided by the expertise of FTC’s internal civil and geotechnical engineering teams

    The regulatory uncertainty surrounding tax credit eligibility and implementation makes flexibility and optionality critical for solar developers looking to understand all available avenues to maximize project returns. Perhaps more than ever, procuring tracker components may be part of the strategic decision set to preserve ITC eligibility. FTC Solar’s 1P “Pioneer” trackers utilize universal torque tubes with innovative Python Clip rail designs, which eliminate the need to puncture torque tubes and accommodate any variation in module form factor, giving developers and EPCs ultimate flexibility for module changes late in the design process.

    Universal torque tubes enable a module agnostic approach, making FTC trackers one of the most resilient investments for developers racing against policy deadlines. Because FTC’s designs prioritize simplicity, developers can optimize capex by procuring additional structural components that seamlessly extend across any project configuration, site challenge, or environmental condition.

    “FTC Solar’s products are not just safe harbor eligible – they are optimized for safe harbor,” said Yann Brandt, CEO of FTC Solar. “Today, we have our widest and most robust product offering to date, across both 1P and 2P technologies, optimized for wind speed, stow angle, module type, civil costs, and installation speed. Whether developers pursue a hard money investment or an early works construction start, FTC Solar is ready to support with proven tracker technology, engineering expertise, and domestic capacity. As the market and regulatory environment shifts, we stand ready, and well-positioned, to support customers with smart tracker options to help maximize project flexibility.”

    Unlike other providers, FTC Solar brings an integrated strategy to market, offering:

    • A dedicated engineering team to help identify site-specific pile installation opportunities that meet physical work tests;
    • A consultative safe harbor project and design engineering team to tailor tracker component procurement strategies to the project capex rule;and
    • A rapidly scaling domestic supply chain, with 100% U.S.-sourced trackers available to take orders starting in Q4 2025.

    FTC Solar is actively booking safe harbor orders and offering immediate support to meet your safe harbor goals.

    For more information on safe harbor strategies and how FTC Solar can help, see a preview of our white paper here: Safe Harbor White Paper and contact our sales team at safeharbor@ftcsolar.com.

    About FTC Solar Inc.
    Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a global provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.  

    The MIL Network –