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Category: Transport

  • Indo-French joint military exercise ‘Shakti 2025’ concludes in France

    Source: Government of India

    Source: Government of India (4)

    The eighth edition of the Indo-French Joint Military Exercise ‘Shakti’ concluded on Tuesday after two weeks of intensive training and cooperation between the Indian and French armed forces.

    Held from June 18 to July 1 in France, the exercise was hosted by the 13th French Foreign Legion Demi-Brigade (13 DBLE) and involved more than 500 personnel from various units of the French Army, Foreign Legion, Navy, and the French Air and Space Force.

    India was represented by a 90-member contingent, including a Battalion from the Jammu and Kashmir Rifles and troops from other arms and services. The exercise featured approximately 50 armoured and tactical vehicles, along with fighter jets from both sides.

    The exercise was conducted in two phases with the first one, held from June 18 to 21 in Aveyron’s Monclar district, focused on joint training in weapon handling, combat drills, and command coordination.

    The second phase, from June 22 to 26 in Herault, saw the deployment of the Monclar Combined Arms Tactical Group (GTIA) in an open-field semi-urban combat exercise that tested troops during both day and night operations.

    This year’s drill emphasised tactical interoperability, use of modern military technology, and refining combat strategies. French legionnaires had previously participated in Shakti 2024 in India, and both sides reaffirmed their commitment to deepen military collaboration and share best practices.

    “Exercise Shakti was a vital opportunity for Indian and French military personnel to boost joint operational preparedness for facing the toughest combat situations in a sub-conventional environment under Chapter VII of the United Nations Charter, with training being conducted in a realistic semi-urban terrain, while strengthening ties with a strategic partner”, said a press statement from the French Embassy in New Delhi.

    “Serving as an effective platform for exchanging best practices in tactics, techniques, and procedures (TTPS), Exercise SHAKTI will pave the way for deeper cooperation and mutual respect between the French and the Indian armed forces as well as significantly reinforcing the Indo-French defence partnership”, it added.

    The Indo-French Shakti exercise serves as a key platform for enhancing tactical, technical, and procedural synergy between the two nations. Alongside other bilateral defence exercises such as Garuda (Air Forces) and Varuna (Navies), Shakti reflects the evolving and robust strategic partnership between India and France.

    These regular joint exercises are seen as a testament to the nations shared commitment to global peace, security, and stability.

    (IANS)

  • MIL-OSI United Kingdom: Leeds gardener becomes Apprentice of the Year after sowing the seeds of new career

    Source: City of Leeds

    An apprentice gardener dedicated to changing the way people view gardens has won Apprentice of the Year at the North Yorkshire Apprenticeship Awards in the public service category.

    After completing his apprenticeship with Leeds City Council’s parks and green spaces team, he is now working full time for the authority as craft gardener at locations like the historic Kirkstall Abbey.

    Thirty-four-year-old Chris Cole started his horticulture apprenticeship in 2023 after a desire to change career paths and become a professional gardener.

    Chris first discovered he enjoyed gardening when he took up the hobby during lockdown.

    Working for Leeds City Council throughout his apprenticeship, Chris got to work on gardens, cemeteries and parks, always striving to make a difference. At one of the city’s cemeteries he created new flowerbeds, providing a peaceful place for grieving families to visit.

    Alongside his work for the council Chris studied for the Level 2 Horticulture Operative at Askham Bryan College, which he passed with distinction.

    He said: “I am extremely proud of my achievement winning this award, through my apprenticeship I faced quite a number of challenges including the loss of loved ones, an accident with my thumb, planned surgery and the best one of all becoming a father to my daughter.

    “Horticulture has given me a new outlook in life which I can now call a career. I am so glad I decided to take the plunge and start an apprenticeship at 31 years old and achieving a distinction at the end of it I thought was the icing on the cake until winning this award.

    “In future I’d love to further gain more qualifications and continue to improve my skillset.  I am so proud to be one of the gardeners at Kirkstall Abbey and I implore anyone thinking of changing career at a later age to do it.”

    Adele Jagger from Askham Bryan College, who put Chris forward for the award, said: “The enthusiasm and passion that Chris shows towards horticulture and his learning is second to none. He works very hard and wants to make a real change with the work that he does. We’re incredibly proud of his achievement.”

    Councillor Mohammed Rafique, Leeds City Council’s executive member for climate, energy, environment and green space, said: “Our parks and green spaces bring so much joy to the city, and it’s great to see Chris being awarded for the amazing work he has done. We’re pleased to be keeping him on as a craft gardener.”

    Councillor Debra Coupar, Leeds City Council’s deputy leader and executive member for resources, said: “Congratulations to Chris for his amazing achievement. Apprenticeships are a vital way for people to further develop their skills and talents, as well as supporting the local economy and help fill the skills shortages we face in some sectors. We are very proud of all our apprentices and the valuable contribution they make to our council and our city.”

    In July 2024, Leeds City Council earned a place on The Department for Education’s top 100 apprenticeship employers list, published annually to showcase the most outstanding apprenticeship employers from across the UK. Only one other council made the top 100.

    Apprentices earn while they learn, gaining practical skills on the job alongside fully funded study for an accredited qualification. Leeds City Council is a living wage employer, so apprentices of any age are paid at least the Living Wage Foundation minimum rate.

    Read more about apprenticeships with the council at https://jobs.leeds.gov.uk/apprenticeships-council.

    ENDS

    MIL OSI United Kingdom –

  • MIL-OSI USA: Free Community College for In-Demand Fields

    Source: US State of New York

    overnor Kathy Hochul today launched New York’s free community college program for SUNY and CUNY students as part of her fight to lower costs for New Yorkers and make education more affordable. Starting this fall through SUNY and CUNY Reconnect, New York State will cover tuition, fees, books and supplies for community college students ages 25-55 pursuing select associate degrees in high-demand occupations.

    “The cost of pursuing a degree should never be a barrier for New Yorkers — that’s why we’re opening the doors of opportunity at SUNY and CUNY so that students can achieve their dreams,” Governor Hochul said. “I’m fighting to make education more affordable and accessible, and the Reconnect program will continue to pave the way forward for students as they enter our State’s future workforce.”

    As part of Governor Hochul’s 2025 State of the State address, free community college for adults in high-demand fields builds on her legacy of ensuring that all New Yorkers have access to a world-class and affordable education.

    For the four million working-age adults in New York who do not already have a college degree or credential, the free community college program for adult students provides a valuable education at SUNY and CUNY campuses, with tuition, fees, books and supplies all covered after applicable financial aid. In addition, eligible students will have access to advising and support.

    New York State has stepped up as a national leader in many emerging industries such as semiconductor and advanced manufacturing, renewable energy and AI. As a result of these investments, many of the new jobs available in New York will require workers with a degree or credential to fill these specialized positions. The SUNY and CUNY Reconnect programs will help connect eligible New Yorkers to these job opportunities.

    In order to be eligible for the program, students will enroll in high-demand fields including:

    • Advanced manufacturing
    • Artificial Intelligence
    • Cybersecurity
    • Engineering
    • Technology
    • Nursing and allied health fields
    • Green and renewable energy
    • Pathways to teaching in shortage areas

    In order to ensure that students have the tools they need to succeed, the program includes funding for SUNY and CUNY to support retention through wrap-around supports such as academic advising and student success coaching. In addition, it also includes funding to support marketing for effective outreach for the program.

    SUNY Chancellor John B. King Jr. said, “The Governor’s free community college initiative will help empower eligible New Yorkers to achieve their full potential and move our state economy forward. By implementing SUNY Reconnect, campuses throughout New York have already seen promising interest and enthusiasm from adult learner students ready to seize this opportunity. We appreciate the strong support from Governor Hochul and the State Legislature to ensure New Yorkers receive the world-class education and job training opportunities they deserve, on the path to upward mobility and career advancement.”

    CUNY Chancellor Félix V. Matos Rodríguez said, “Talent is abundant across our city—but access to opportunity must be intentional and inclusive. I’m grateful to Gov. Hochul and the state legislature for addressing this challenge by removing financial barriers for eligible adults to earn associate degrees in high-demand fields at CUNY’s community colleges.”

    State Senator Toby Ann Stavisky said, “Everyone’s educational journey is different. Sometimes the path has hurdles and challenges. This initiative will enable students between the ages of 25 to 55 to complete their journey. It also expands workforce development in high demand fields. As a result, everyone benefits.”

    State Senator Sean Ryan said, “SUNY Reconnect is a creative way to promote economic development while empowering more New Yorkers to pursue careers in fields with plenty of stable, good-paying jobs. This program builds on our public universities’ history of helping build New York’s middle class and will create the highly skilled workforce needed to position New York as a leader in emerging industries.”

    Assemblymember Al Stirpe said, “Developing a workforce in these high demand fields is an essential part of the equation when it comes to driving New York’s advanced manufacturing and semiconductor industries forward. By providing sweeping supports for adult students, this program has the potential to change lives. It removes economic barriers and makes these specialized positions accessible to those aspiring to start a career. It not only empowers SUNY and CUNY students to realize their potential, but it also helps construct a future-ready workforce that will support New York’s emerging economic leadership in a technology-driven world.”

    Assemblymember Michaelle Solages said, “For far too long, the cost of higher education has blocked working-class New Yorkers from reaching their full potential. That is why the free SUNY and CUNY community college program is so transformative. It will not only prepare New Yorkers for high-demand careers but also attract new employers and fuel economic growth across the state. I fully support this initiative and look forward to seeing it change lives, strengthen families, and build a more inclusive and resilient New York.”

    Assemblymember Chantel Jackson said, “This is a game-changer for New Yorkers who thought higher education was out of reach. By removing financial barriers and investing in our adult learners, Governor Hochul is helping to build a stronger, more inclusive workforce. I’m proud to support the SUNY and CUNY Reconnect initiative, which will open doors for thousands of students across our state and create real pathways to economic mobility.”

    New York City Council Member Eric Dinowitz said, “While our federal government continues to divest from the people and institutions that make our country thrive, Governor Hochul is showing what real leadership looks like—making smart, meaningful investments in New York’s future. This bold initiative removes financial barriers for thousands of adult learners, connects them to high-demand careers, and strengthens our workforce in critical sectors, creating a stronger New York. As a proud CUNY and SUNY graduate and chair of the NYC City Council’s Committee on Higher Education, I applaud the Governor for expanding access to opportunity and continuing to build pathways to economic mobility for working New Yorkers.”

    Governor Hochul’s program will significantly expand the reach and impact of CUNY Reconnect, which launched in 2022. As of fall 2024, CUNY Reconnect has supported over 40,000 New Yorkers in their efforts to return to college. Drawing from the proven strategies of outreach, re-enrollment and support services that made Reconnect successful, the governor’s program expands this work by providing tuition-free pathways specifically aligned with labor market needs.

    SUNY Reconnect, launching in fall 2025, will help empower New Yorkers and serve as a powerful engine of upward mobility for hard-working adults. Through SUNY Reconnect, community colleges will hold information sessions this summer to assist all who are interested in eligible degree programs. Information can also be found here.

    MIL OSI USA News –

  • MIL-OSI Europe: OLAF supports coordinated crackdown on cross-border counterfeit cigarette network in Italy and Romania

    Source: European Anti-Fraud Offfice

    Press release no 18/2025
    PDF version

    The European Anti-Fraud Office (OLAF) played an important coordination role in a large-scale joint operation that dismantled a cross-border criminal network involved in the illicit production and smuggling of counterfeit cigarettes, with estimated evaded duties totalling approximately €9.8 million.

    The network, coordinated by Romanian, Moldovan, and Italian nationals, operated illegal production facilities in both Romania and Italy, with significant quantities of counterfeit tobacco products destined for distribution across the European Union.

    The operation, carried out on 3 June 2025, was the result of extensive intelligence sharing between OLAF, Romanian authorities—including the Economic Crime Investigation Directorate of the General Police Inspectorate (I.G.P.R.), Caraș-Severin County Police (I.P.J. Caraș-Severin), and the Directorate for Investigating Organised Crime and Terrorism (D.I.I.C.O.T.)—and the Italian Guardia di Finanza and Bologna Economic Police Unit.

    In Romania, coordinated searches in Timiș and Arad counties led to the seizure of approximately 25 million cigarettes stored in 2,500 boxes. Four individuals were arrested in Timiș County while handling smuggled goods. Two other suspects were detained by D.I.I.C.O.T. on 4 June.These actions were supported by the Romanian Customs Authority.

    Simultaneously, in Italy, a clandestine cigarette factory was discovered in an industrial area in the Emilia-Romagna region. The site was equipped with high-end machinery for replicating branded packaging. Investigators seized 14 tonnes of counterfeit cigarettes, more than 10 tonnes of unprocessed tobacco, and a large quantity of packaging materials.

    The scale of the illicit operation underscores the financial threat posed to the EU’s budget and legitimate trade. OLAF’s role was instrumental in ensuring swift cross-border cooperation, highlighting its mandate to protect the EU’s financial interests and combat organised fraud. 

    OLAF mission, mandate and competences:
    OLAF’s mission is to detect, investigate and stop fraud with EU funds.    

    OLAF fulfils its mission by:
    •    carrying out independent investigations into fraud and corruption involving EU funds, so as to ensure that all EU taxpayers’ money reaches projects that can create jobs and growth in Europe;
    •    contributing to strengthening citizens’ trust in the EU Institutions by investigating serious misconduct by EU staff and members of the EU Institutions;
    •    developing a sound EU anti-fraud policy.

    In its independent investigative function, OLAF can investigate matters relating to fraud, corruption and other offences affecting the EU financial interests concerning:
    •    all EU expenditure: the main spending categories are Structural Funds, agricultural policy and rural development funds, direct expenditure and external aid;
    •    some areas of EU revenue, mainly customs duties;
    •    suspicions of serious misconduct by EU staff and members of the EU institutions.

    Once OLAF has completed its investigation, it is for the competent EU and national authorities to examine and decide on the follow-up of OLAF’s recommendations. All persons concerned are presumed to be innocent until proven guilty in a competent national or EU court of law.

    For further details:

    Pierluigi CATERINO
    Spokesperson
    European Anti-Fraud Office (OLAF)
    Phone: +32(0)2 29-52335  
    Email: olaf-media ec [dot] europa [dot] eu (olaf-media[at]ec[dot]europa[dot]eu)
    https://anti-fraud.ec.europa.eu
    LinkedIn: European Anti-Fraud Office (OLAF)
    X: x.com/EUAntiFraud
    Bluesky: euantifraud.bsky.social

    If you’re a journalist and you wish to receive our press releases in your inbox, please leave us your contact data.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Preferred candidate for the role of Standing Advocate

    Source: United Kingdom – Executive Government & Departments

    News story

    Preferred candidate for the role of Standing Advocate

    The Lord Chancellor and Secretary of State for Justice has confirmed that Cindy Butts is the preferred candidate for appointment to the role of Standing Advocate.

    The Independent Public Advocate, established by the Victims and Prisoners Act 2024, will be a new statutory office with a permanent Standing Advocate to support victims of major incidents.

    The Standing Advocate will ensure victims of major incidents understand their rights and can access vital emotional and practical support from the outset. The IPA can also advise the government on the type of review that should take place following a major incident. This will help relay victims’ views directly into the heart of government when deciding whether answers need to be sought, lessons need to be learned, and authorities held to account.   

    Cindy Butts has been selected as the preferred candidate for the role of Standing Advocate following a rigorous recruitment process conducted in accordance with the Governance Code on Public Appointments.

    The role, which is regulated by the Commissioner for Public Appointments, is subject to a pre-appointment hearing by the Justice Select Committee. Pre-appointment scrutiny is an important part of the appointment process for some of the most significant public appointments made by Ministers. It is designed to provide an added level of scrutiny to the appointment process.

    Pre-appointment hearings are held in public and allow a Select Committee to take evidence before a candidate is appointed. Ministers consider the Committee’s views before deciding whether to proceed with the appointment.

    Cindy Butts biography

    Cindy Butts is a highly accomplished leader with over 20 years of experience dedicated to enhancing access to justice and tackling inequality. She has held senior roles in complex and sensitive organisations within the criminal justice, policing, and government sectors.

    Cindy chaired the Independent Commission for Equity in Cricket (ICEC), appointed by the ECB, publishing the landmark “Holding up A Mirror to Cricket” report in June 2023.

    She has a comprehensive track record of supporting victims and working with vulnerable people, focussing on putting their needs first.

    Having dedicated her career to public service, Ms Butts brings decades of experience handling high-profile and sensitive issues. This includes as Commissioner at the Independent Police Complaints Commission when they investigated the police response to the Hillsborough disaster. Ms Butts also oversaw the significant transformation of the Metropolitan Police Service in the aftermath of the Stephen Lawrence inquiry, an inquiry prompted by the tragic murder of Stephen Lawrence and a true turning point for justice and equality for victims of crime.

    Currently, she carries out consultancy work in the UK and internationally. Cindy also serves as a Lay Member of the House of Lords Conduct Committee (August 2019-current), where she reviews conduct rules and adjudicates appeals. She is also a Senior Independent Panel Member for public appointment assessment panels in various government departments (April 2004 – Current), providing independent oversight on Non-Executive Director recruitment.

    Updates to this page

    Published 1 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Fourth-generation family funeral director recognised at business awards

    Source: City of Winchester


    Winchester City Council has awarded the Millennium Egg to Iain Steel, company director at local funeral director Richard Steel and Partners, at the 2025 Winchester Business Excellence Awards. 

    The Egg recognises individuals and organisations who have made an outstanding contribution to the economy of the district. It was presented to Iain by Winchester City Council Chief Executive Laura Taylor at the award ceremony on Thursday 20 June in Winchester Cathedral. 

    Richard Steel and Partners has been serving Winchester, Bishop’s Waltham, Alresford and Meon Valley for over 160 years, and is one of the region’s longest established family businesses: it is still under family ownership after four generations. The company directly employs over 30 staff and has also remained committed to sourcing services and supplies locally, doing their bit towards helping businesses within their community thrive. 

    Iain first joined the business as a teenager nearly 40 years ago, working alongside his father Richard. Since taking the reins as company director, Iain has led and developed the business, including the use of Chesil House as a prestigious riverside venue for funeral services and family gatherings. The company opened an Alresford office opened in 2021 to better serve families in the Arle and Candover valleys. 

    Iain is an avid supporter of the local community with direct involvement in a number of Winchester charities. As trustee of Winchester Hospice, he took on the challenge of trekking across the Sahara in November 2024, raising money for this local charity – and he also donated to the regeneration of St Maurice’s Covert. 

    This year, he has been instrumental in establishing the inaugural Legacy Action Week in Winchester and is already working on 2026, helping Winchester charities benefit from local bequests in wills.  

    Iain Steel, Company Director at Richard Steel and Partners, said: “Our family business has been serving Winchester and the wider Hampshire community for four generations since 1860.  

    “We are proud to be one of the longest established private businesses in the city to remain in the same family ownership, and recognition of our work within the local community means everything to everyone associated with our company, both current and former staff. Each generation has dedicated themselves to helping the city, both professionally and through charitable and community involvement”. 

    Laura Taylor, Chief Executive of Winchester City Council, said: “It is an honour to present our lifetime achievement award to Iain Steel of Richard Steel and partners, a fourth-generation family business that has been a mainstay of the Winchester district economy for over 160 years, serving our residents across the district, from Bishop’s Waltham to Alresford and between. 

    “Not only committed to providing compassionate and exceptional care in the business, using local suppliers where possible, Iain is well known for his commitment to the local community, with active involvement in a number of Winchester charities including St John’s Ambulance, Trinity Winchester and Winchester Hospice, as well as being Chair of Winchester Theatre Trust. 

    “Iain and his team are a valued addition to our district’s business community and the way in which they serve our residents – with compassion, professionalism and dedication to the community – make them a truly worthy recipient of this year’s award.” 

    The Millennium Egg, a crafted ornament, was originally donated to the council by Jeremy France of Jeremy France Jewellers. 

    The annual Winchester Business Excellence Awards are organised by the Hampshire Chronicle in association with Winchester Business Improvement District (BID) and Hampshire Chamber of Commerce. 

    Winchester City Council also sponsored the Sustainable Business Award which was presented on the night to Stem and Green Flower Farm by the Leader of the council, Councillor Martin Tod.  

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Oldbury turbine hall free of electrical hazards

    Source: United Kingdom – Government Statements

    News story

    Oldbury turbine hall free of electrical hazards

    A complex decommissioning project to cut over 750 electrical cables to isolate Oldbury site’s turbine hall power supply has been safely completed.

    Oldbury cable cutting team in the turbine hall

    Pioneering innovation enabled the team to cut 356 electrical cables inside the tunnels between the turbine hall and reactor building of the redundant nuclear power station over two weekends – reducing work time by 91%. This was achieved by disconnecting the site’s entire power supply to remove the risk of cutting through a live cable and the need to trace each cable to its source.

    Wider safety measures avoided work near to potential asbestos which eliminated the need for scaffolding and prevented work in confined spaces or close to degrading assets.

    John Alderton, Oldbury Site Director, commented:

    I’m incredibly proud of how everyone collaborated to deliver this project safely and successfully. It’s a great example of how innovation and creative thinking can solve long-standing challenges. By learning from previous cable cutting campaigns and applying those insights to a new strategy, the team has truly transformed the way we work and set a new benchmark for the industry.

    The learning from this innovative method of bulk cable cutting can be applied to any area of decommissioning in the right circumstances. It took 18 months to complete over 2,000 cable cuts in challenging environments and declare the building free of electrical hazards following a period of verification.

    Adam Bird, Oldbury Site Senior Project Engineer, said:

    Delivering this solution has been a great challenge that has really stretched our ways of thinking – not only within the team but with others on site too.

    Now that the turbine hall has been isolated, we are looking forward to commencing bulk asbestos removal, followed by de-planting of the building. The turbine hall, welfare area and administration complex will then be demolished – clearing a four-acre footprint ready for its next use.

    Heather Barton, NDA Head of Performance Improvement, added:

    Learning from each other across the NDA group remains to be a critical enabler to deliver our mission.

    It presents us with opportunities such as this where we can look at how this could be replicated elsewhere across our estate, and where we can present ourselves with more opportunities to challenge the norm.

    These shared and mutual benefits can truly be realised across our group, bringing innovation, collaboration, and joint solutions to our common challenges, enhancing every business in our group.

    Tom Eagleton, the Office for Nuclear Regulation’s (ONR) Head of Safety Regulation for decommissioning, fuel and waste sites, commented:

    ONR was pleased to support the approach taken by NRS to de-cabling at Oldbury. 

    The method used at the site delivered significant safety benefits to the workers involved, including reducing potential exposure to asbestos and elimination of risks associated with inadvertently cutting live cables. 

    As an enabling regulator, we will always be open to holding discussions with licensees and dutyholders about novel and innovative approaches, providing they are safe and do not compromise worker or public safety.

    Over its lifetime Oldbury generated 137.5 terawatt hours of low carbon electricity – enough to power one million homes for over 20 years.  The site was shut down in February 2012 after 44 years of safe operation.

    This most recent NRS achievement follows on from the successful de-plant and demolition of the turbine hall and adjoining structures at Sizewell A site in Suffolk. Learning from the Sizewell project is helping plans to deliver similar work at Oldbury site.

    Updates to this page

    Published 1 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: Europass: 20 years of helping people learn and work in Europe

    Source: European Union 2

    Today we celebrate 20 years of Europass, the online platform that has been helping millions of people in Europe plan their learning and career. Find out more about the free set of online tools that Europass offers and about how National Europass Centres are celebrating this special anniversary.

    MIL OSI Europe News –

  • MIL-OSI Africa: Leveraging Zambia’s Energy Transition Minerals: Roadmap for Economic Transformation


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    Zambia’s economy grew by 4% in 2024, displaying resilience despite experiencing a historic drought and frequent power outages. According to the latest edition of the Zambia Economic Update (ZEU) launched by the World Bank Group (WBG) today, titled: Leveraging Energy Transition Minerals for Economic Transformation, this growth is driven by a strong recovery in the mining sector and expansion in services.

    The ZEU highlights that agriculture—the cornerstone of Zambia’s employment and heavily dependent on rainfed farming—faced significant headwinds. However, its minimal contribution to GDP allowed overall growth to continue. Despite economic growth, GDP per capita growth slowed to 1.2% in 2024, and poverty remains pervasive, with 63.1% of the population living below the $2.15 poverty line.

    “Notwithstanding these challenges, it is commendable how the government of Zambia has stayed fiscally disciplined amidst increasing financing needs caused by the drought, within the framework of ongoing debt restructuring and an IMF program,” said Albert Pijuan, World Bank Senior Country Economist for Zambia. “Revenues increased thanks to expanded copper production—although they remain below potential— and investment spending was significantly reduced, allowing for a large primary surplus in 2024.”

    The ZEU report highlights that exchange rate depreciation, combined with rising food and energy prices due to the drought, led to sticky double-digit inflation. The Zambian kwacha depreciated against major currencies because of sporadic foreign exchange supply and increased import demand during the drought. Despite monetary policy tightening to restrain inflation, prices continued to drift, and the policy stance remains accommodative as high supply-driven inflation results in negative real rates.

    The outlook is optimistic, driven by robust momentum in the mining sector, a rebound in agriculture, and improvements in tourism. Still, significant risks persist due to lower global growth, uncertainties in trade policies, and frequent climatic events. While mining will remain a major driver of economic growth and government revenues, Zambia must diversify its economy to accelerate economic transformation.

    The ZEU  recommends (i) unleashing agricultural productivity by fully transitioning to the e-voucher system, improving targeting, and shifting toward private-sector-led financing to limit public liabilities; (ii) raising productivity through greater competition in the energy sector; (iii) closing tax gaps by strengthening revenue administration; and (iv) maintaining monetary policy tightening to anchor inflation expectations and protect policy credibility, to achieve positive real rates.

    Over a year ago, recognizing the importance of Zambia’s mining sector for its economic growth in the foreseeable future, the WBG, together with the Government of the Republic of Zambia (GRZ), started preparing a practical roadmap: Repositioning Zambia to Leverage Energy Transition Minerals for Economic Transformation. This roadmap is guiding GRZ and its minerals sector stakeholders on realizing GRZ’s vision to maximizing benefits for the country and expanding Zambian participation in the entire ETM value chain, including through value addition.

    The roadmap’s analytical work has been supported by the Resilient and Inclusive Supply Chain Enhancement Partnership (RISE) initiative, which supports countries undertaking reforms in their mining sector and along the minerals value chain. Key recommendations of the roadmap have recently been presented by the GRZ to a select group of stakeholders at the WBG Spring Meetings 2025. The roadmap is part of larger WBG diagnostic work looking at the development potential for WBG client countries in its Eastern and Southern Africa region and how those countries can benefit more from the minerals and metals demand boom, driven by the global energy transition.

    “Zambia’s economy needs to diversify, but concurrently making the most of Zambia’s green mineral deposits would provide a major boost to the economy and must also be leveraged for economic transformation,” said Achim Fock, World Bank Country Manager for Zambia. “Zambia has the potential to use its energy transition mineral (ETM) endowments—increasingly sought after for the global energy transition—for growth, economic development, and shared prosperity.”

    In its focused chapter on ETMs, the ZEU argues that to maximize this potential, Zambia should focus on:

    1. Scaling ETM production: Implementing comprehensive reforms to boost ETM production, including identifying mineral resources, ensuring a reliable and cost-competitive clean power supply, transport, and logistics services, upskilling the workforce, and strengthening environmental and social risk management.
    2. Maximizing fiscal potential: Strengthening ETM revenue management and allocation to support fiscal sustainability and broader inter-generational development objectives.
    3. Adding value to mineral resources: Developing the copper value chain and addressing barriers to greater value-adding activities, including the lack of access to raw materials and finance, enhancing the inefficient investment climate, augmenting the electricity supply, and reducing trade and transport time and costs.   

    Distributed by APO Group on behalf of The World Bank Group.

    MIL OSI Africa –

  • MIL-OSI Africa: Empowering Women, Enhancing Lives: The Digital Shift in Liberia’s Agriculture


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    “In the past, we used to keep our money in metal boxes. Now, with support from UN Women, the Central Bank of Liberia, and the Orange Foundation, we manage our money through Orange Money. This has made it easier for us to save, access credit, and grow our businesses,” shares Musu Nana, a Buy from Women Champion from Gbartala, Bong County.

    In 2022, UN Women Liberia, in partnership with the Orange Foundation, launched the ‘Digital Inclusion for Women’s Economic Empowerment (D4WEE)’ project. The initiative partnered with the Central Bank of Liberia (CBL) and the National Disaster Management Agency (NDMA) to empower rural women farmers in Bong and Nimba Counties by linking them to the formal financial system and improving access to disaster risk reduction resources.

    Since its launch, significant progress has been made. Through collaboration with CBL, 15 women-led Village Savings and Loan Associations (VSLAs) have been integrated into the formal financial system, benefiting 400 rural women farmers who now have mobile phones and formal bank accounts at the Liberian Bank for Development and Investment (LBDI). Plans are in progress to connect these accounts to their Orange Money mobile wallets, providing these women with the financial services they need to grow their businesses and improve their livelihoods.

    The project also introduced a social protection scheme, enabling VSLA members to save, borrow, and invest using digital platforms, which has promoted financial security among rural women. As a result, women now have greater control over their finances and can make informed decisions for their economic well-being.

    “We are pleased with this new way of handling our Village Savings and Loan Association group. Going digital with our savings and loans has made things simpler and safer for us. Now, we can keep an eye on our money and loans using our phones. It’s made everything clearer and smoother for us,” says Diana Davis, Community-based Facilitator at Liberia Rural Women Network Empowerment Incorporated.

    In early August 2024, UN Women Liberia, in partnership with CBL and Orange Foundation Liberia, conducted a four-day Training of Trainers (TOT) workshop in Monrovia for 22 women-led farming cooperatives and agribusiness owners from Bong, Nimba, and Lofa Counties.

    The training aimed to strengthen women’s capacities by providing digital literacy skills and access to employment opportunities. Participants were introduced to the Buy from Women platform and Orange Money services, helping them connect with broader markets and access financial resources.

    “By enabling these women to become community-based facilitators, we’re enhancing their income-generating activities through both traditional and digital innovations,” explained Ms. Aisha Kolubah, National Program Officer for Women Economic Empowerment at UN Women Liberia.

    The workshop covered digital marketing strategies, effective use of social media, and financial management using digital tools. Participants learned how to create engaging content, leverage platforms like Facebook and WhatsApp for business promotion, and streamline financial transactions through mobile banking.

    Ms. Alana Pradhan, UN Women Liberia’s Knowledge Management Specialist, served as a facilitator, providing insights on leveraging social media for business growth. “Regular and strategic use of social media not only allows you to engage with a broader audience but also empowers you to position your products and services competitively in the market,” Ms. Pradhan emphasized.

    The participants responded enthusiastically to the training, recognizing the potential for expanding their businesses and improving their livelihoods. The Liberia Rural Women Network for Employment expressed their excitement on social media:

    “We are excited to learn how digital marketing can transform our businesses. This training has opened new avenues for growth and development. We now see the potential to reach larger markets and strengthen our financial independence through digital tools.”

    The success of the TOT workshop and the broader initiative underscores the importance of digital and financial literacy in empowering rural women and fostering economic development. By equipping women with the necessary skills and tools, UN Women Liberia, alongside its partners, is paving the way for sustainable growth and gender equality in the agricultural sector.

    Caption: UN Women and partners conducted TOT workshop at the Central Bank in Monrovia for 22 women-led farming agribusiness owners.

    “This training has not only taught us how to use digital tools but has also connected us to bigger markets and financial services we never had access to before,” reflects Musu Nana. “We are now more confident and equipped to grow our businesses and support our families.”

    As these empowered women return to their communities, they carry with them the knowledge and skills to train others, creating a ripple effect of empowerment and economic advancement across Liberia’s rural regions. The continued collaboration between UN Women, CBL, and Orange Foundation hopes to further expand these opportunities, ensuring that more women can harness the power of digital technology to transform their lives and communities.

    Distributed by APO Group on behalf of UN Women – Africa.

    MIL OSI Africa –

  • MIL-OSI Africa: South African National Taxi Council (SANTACO) Announced as Association Partner for Smarter Mobility Africa Summit 2025

    The South African National Taxi Council (SANTACO) has been announced as an official Association Partner for the Smarter Mobility Africa (SMA) summit 2025, taking place from 30 September to 3 October 2025 at the Sandton Convention Centre in Johannesburg.

    This strategic partnership positions SANTACO at the forefront of continental discussions on smarter mobility solutions, with a particular focus on advancing public transport and accelerating the transition to new energy vehicles (NEVs) across South Africa and the broader African continent.

    As the largest mover of people in South Africa, the taxi industry plays a pivotal role in the country’s transport ecosystem. SANTACO’s participation in SMA 2025 underscores the organisation’s commitment to mobility leadership, industry transformation, and innovative transport solutions that serve millions of South Africans daily.

    Leading the Conversation on Smarter Mobility

    SANTACO President Motlhabane Abnar Tsebe will deliver a keynote address on 1 October 2025, representing the voice of the public transport sector and outlining the organisation’s vision for a cleaner, more efficient mobility future. President Tsebe will also participate in key roundtable discussions alongside government officials, NEV experts, and global mobility innovators.

    Secretary General Daki Qumbu will join President Tsebe as part of SANTACO’s VIP delegation, engaging with stakeholders to build trust and cooperation between government, operators, and the private sector.

    Driving Policy and Innovation

    The partnership enables SANTACO to actively influence NEV policy frameworks and funding mechanisms, ensuring that the taxi industry’s unique needs and challenges are considered in South Africa’s transition to sustainable transport. This collaborative approach is essential for creating inclusive mobility solutions that work for all South Africans.

    Speaking about the industry’s transformation potential, President Tsebe emphasised the importance of changing perceptions through action. “If we formalise, professionalise, and invest in our people,” he says, “then this industry can finally be seen for what it already is: the backbone of South Africa’s mobility system.”

    “We are proud to welcome SANTACO as our Association Partner for SMA 2025,” said Olivia Modisakeng, Event Manager. “Their leadership in transforming public transport is essential to building an inclusive and sustainable mobility future for Africa.”

    About the Partnership

    SANTACO’s involvement in SMA 2025 demonstrates the organisation’s progressive stance on cleaner mobility and infrastructure development. The partnership creates opportunities for meaningful dialogue between industry leaders, policymakers, and technology innovators, fostering the collaborative relationships necessary to drive meaningful change in Africa’s transport sector.

    The Smarter Mobility Africa summit 2025 brings together key stakeholders from across the continent to address the most pressing challenges and opportunities in mobility, with SANTACO’s participation ensuring that the voice of South Africa’s public transport sector remains central to these critical conversations.

    Distributed by APO Group on behalf of Vuka Group.

    Additional information:
    Full article on SANTACO: https://apo-opa.co/4kdpje1
    Official event page: https://apo-opa.co/44qTyrX

    For more information about SANTACO’s participation in SMA 2025, please contact:
    General Media Enquiries
    mobilitymarketing@wearevuka.com

    About SANTACO:
    The South African National Taxi Council (SANTACO) is the leading representative body for the taxi industry in South Africa, serving millions of passengers daily and playing a crucial role in the country’s public transport system.

    About Smarter Mobility Africa Summit 2025:
    The Smarter Mobility Africa summit is the continent’s premier gathering for advancing public transport and transitioning to new energy vehicles (NEVs), bringing together government officials, industry leaders, and technology innovators to shape the future of African mobility.

    MIL OSI Africa –

  • MIL-OSI: Ambiq’s Leading SoC for Edge AI Now on Edge Impulse

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 01, 2025 (GLOBE NEWSWIRE) — Ambiq®, a technology leader in ultra-low-power semiconductor solutions for edge AI, today announced that its Apollo510 System-on-Chip (SoC) is now supported on the Edge Impulse™ development platform, enabling developers to build and deploy highly efficient, scalable AI applications for edge devices across speech recognition, computer vision, healthcare monitoring, and industrial automation.

    The Apollo510 represents a significant leap forward in edge AI capabilities, delivering up to 10 times higher performance and 3 times lower energy consumption compared to its predecessor, the Apollo4 Plus, in typical AI inference workloads. Built on Ambiq’s proprietary Subthreshold Power Optimization Technology (SPOT®) platform and powered by an Arm® Cortex® -M55 CPU with Helium™ technology, Apollo510 is ideal for demanding edge AI applications in speech, vision, healthcare, and industrial sectors.

    “The Apollo510 is an extraordinary platform for edge AI, as its improvements in energy efficiency and performance enable use cases that weren’t possible before,” says Carlos Morales, VP of AI at Ambiq. “The integration of Apollo510 with Edge Impulse removes key hurdles for both enterprise and startup AI developers, enabling faster, more efficient deployment of edge AI applications.”

    “The combination of Edge Impulse with Ambiq’s Apollo510, built on its ultra-efficient SPOT platform, gives developers a powerful edge AI solution,” said Jan Jongboom, Senior Director, Technology, Qualcomm Technologies Netherlands B.V. and co-founder of Edge Impulse Inc. “Together, we enable faster development of scalable AI applications.”

    The Apollo510 has earned recognition across the industry, including winning the Embedded World’s Best Hardware award in 2024 and being named the 2025 IoT Semiconductor Solution of the Year by IoT Breakthrough.

    Developers can get started today with access to Edge Impulse development tools for the Apollo510.

    About Ambiq

    Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We enable our customers to deliver artificial intelligence compute at the edge where power consumption challenges are the most profound. Our technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. We’ve powered over 270 million devices today. For more information, visit www.ambiq.com.

    Contact
    Charlene Wan 
    VP of Corporate Marketing and Investor Relations
    cwan@ambiq.com 
    +1.512.879.2850

    Edge Impulse is a trademark or registered trademark of EdgeImpulse, Inc.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d5daad4d-2539-470b-b407-2fbe6c03bc92

    The MIL Network –

  • MIL-OSI: Ambiq’s Leading SoC for Edge AI Now on Edge Impulse

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 01, 2025 (GLOBE NEWSWIRE) — Ambiq®, a technology leader in ultra-low-power semiconductor solutions for edge AI, today announced that its Apollo510 System-on-Chip (SoC) is now supported on the Edge Impulse™ development platform, enabling developers to build and deploy highly efficient, scalable AI applications for edge devices across speech recognition, computer vision, healthcare monitoring, and industrial automation.

    The Apollo510 represents a significant leap forward in edge AI capabilities, delivering up to 10 times higher performance and 3 times lower energy consumption compared to its predecessor, the Apollo4 Plus, in typical AI inference workloads. Built on Ambiq’s proprietary Subthreshold Power Optimization Technology (SPOT®) platform and powered by an Arm® Cortex® -M55 CPU with Helium™ technology, Apollo510 is ideal for demanding edge AI applications in speech, vision, healthcare, and industrial sectors.

    “The Apollo510 is an extraordinary platform for edge AI, as its improvements in energy efficiency and performance enable use cases that weren’t possible before,” says Carlos Morales, VP of AI at Ambiq. “The integration of Apollo510 with Edge Impulse removes key hurdles for both enterprise and startup AI developers, enabling faster, more efficient deployment of edge AI applications.”

    “The combination of Edge Impulse with Ambiq’s Apollo510, built on its ultra-efficient SPOT platform, gives developers a powerful edge AI solution,” said Jan Jongboom, Senior Director, Technology, Qualcomm Technologies Netherlands B.V. and co-founder of Edge Impulse Inc. “Together, we enable faster development of scalable AI applications.”

    The Apollo510 has earned recognition across the industry, including winning the Embedded World’s Best Hardware award in 2024 and being named the 2025 IoT Semiconductor Solution of the Year by IoT Breakthrough.

    Developers can get started today with access to Edge Impulse development tools for the Apollo510.

    About Ambiq

    Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We enable our customers to deliver artificial intelligence compute at the edge where power consumption challenges are the most profound. Our technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. We’ve powered over 270 million devices today. For more information, visit www.ambiq.com.

    Contact
    Charlene Wan 
    VP of Corporate Marketing and Investor Relations
    cwan@ambiq.com 
    +1.512.879.2850

    Edge Impulse is a trademark or registered trademark of EdgeImpulse, Inc.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d5daad4d-2539-470b-b407-2fbe6c03bc92

    The MIL Network –

  • MIL-OSI United Kingdom: UKSPF programmes to help Prestonians

    Source: City of Preston

    1 July 2025

    Activities to help and support Prestonians across a range of programmes is being funded via UK Government’s Shared Prosperity Fund (UKSPF).

    The Government announced in December 2024 there would be £900m available across the UK as transitional funding for an extra year of activities for 2025/26 after the 2022/2025 funding programme closed.

    Our goal is to deliver a wide-reaching and impactful programme of activities that will build pride of place in Preston and increase life chances in the city, in line with the overall goals of the UKSPF. This will be delivered via three investment priorities, as defined by Government:

    1. Communities and Place
    2. Supporting local business
    3. People and skills

    Councillor Matthew Brown, Leader at Preston City Council, said:

    “Thanks to UKSPF funding, we’ve equipped people and local businesses across Preston with essential support and skills that have a huge impact on all our communities.

    “This extra funding will enable us to invest in the future of the city despite other financial challenges the Council faces.

    “It’s about giving people the tools they need to succeed, building a fairer and more democratic Preston economy, and revitalising our communities to build a more inclusive, connected, and resilient Preston for the future.”

    More information

    A table of 2025/26 programme activity for Preston is provided at the end of this article.

    • The fund aims to support local communities and businesses across the UK, and will contribute to the delivery of the government’s Five Missions:
    • Mission 1 (M1): Kickstart economic growth  
    • Mission 2 (M2): Make Britain a clean energy superpower 
    • Mission 3 (M3): Take back our streets 
    • Mission 4 (M4): Break down barriers to opportunity 
    • Mission 5 (M5): Build an NHS fit for the future

    About UKSPF

    The UK Shared Prosperity Fund (UKSPF) is a fund allocated by the UK Government and managed by local authorities in partnership with local stakeholders.

    Lancashire Combined County Authority (LCCA) was awarded a total of £21,748,007 for 2025/6 enabling projects and initiatives to continue for another year across the county. Preston City Council’s allocation was £2,462,651.

    UKSPF programme 2025/26 under revised themes and sub-themes

    Priority 1 – Communities and Place

    Sub-theme – Health and Wellbeing Programme and Inclusivity

    1. Community Programme, including:

    • Volunteering and community grants
    • Youth Strategy
    • Sport
    • Tree planting
    • Digital Connectivity

    Sub-theme – Development of visitor economy

    2. City Events Programme

    Sub-theme – Reduce crime and fear of crime

    3. City Safety

    • City centre lighting
    • Community safety initiatives
    • Parks enhancements

    Priority 2 – Supporting local businesses

    Theme – Support for Businesses

    Sub-theme – Advice and support to business

    1. Preston Business Support programme, including:

    • Innovation & Technology business support
    • Kickstart and Pre-Start up support

    2. Innovation Programme

    • Business research & development programme
    • Decarbonisation support

    3. Community Business support

    • Sustainable Transport
    • Green Energy
    • Supporting Preston Democratic Economy

    Priority 3 – People and Skills

    Theme – Employability

    Sub-theme – Supporting people in and towards employment

    1. Preston Employability Programme

    • Support for those not in education, employment or training (NEET)
    • Breaking down barriers to employment
    • Improving Life Chances learning and skills

    Theme – Skills

    Sub-theme – Employment related skills

    1. Preston Skills Programme

    • Green energy skills
    • Numeracy skills

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Independent Public Advocate candidate selected

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Independent Public Advocate candidate selected

    Victims of major incidents will be better supported following Cindy Butts’ selection as preferred candidate for the Independent Public Advocate (IPA).

    • Cindy Butts named as Government’s preferred candidate for Independent Public Advocate
    • Role will ensure victims of major incidents better supported and heard
    • Delivering justice for victims vital to Government’s Plan for Change

    Ms Butts has a comprehensive track record of supporting victims and working with vulnerable people – specialising in putting their needs first.

    Having dedicated her career to public service, Ms Butts brings decades of experience handling high-profile and sensitive issues. 

    This includes as Commissioner at the Independent Police Complaints Commission whilst they investigated the police response to the Hillsborough disaster. Remarkably, she also oversaw the significant transformation of the Metropolitan Police Service in the aftermath of the Stephen Lawrence Inquiry – this was prompted by the tragic murder of Stephen Lawrence and a true turning point for justice and equality for victims of crime.

    In her role as IPA, Ms Butts will ensure victims of major incidents understand their rights and can access vital emotional and practical support from the get-go.

    Lord Chancellor, Shabana Mahmood, said:

    The Independent Public Advocate will transform our response to major disasters, ensuring victims’ voices are heard above all else.

    Cindy’s experience overseeing system reform following some of the most prolific cases of injustice in modern memory more than qualifies her for this role. I have every faith that she will provide victims the support they deserve.

    The IPA will also be able to advise the Government on the type of review that should take place following a major incident. This will help relay victims’ views directly into the heart of Government when deciding whether answers need to be sought, lessons need to be learned, and authorities held to account.   

    Cindy Butts said:

    I am deeply honoured to be named the Government’s preferred candidate for the Independent Public Advocate role.

    Throughout my career, I have been steadfastly committed to championing fairness and ensuring that the voices of those who have experienced profound loss or injustice are heard, respected, and placed at the heart of our efforts for truth and accountability.

    I look forward to working diligently to uphold the vital principles of care and support, ensuring that individuals and families receive the dedicated support and advocacy they deserve during their most challenging times. This role is a profound responsibility, and I am ready to begin the work of making a tangible difference in people’s lives.

    Nabil Choucair, Grenfell Tower Trust, said:

    As someone who lost loved ones in the Grenfell Tower fire, I welcome the appointment of the new Independent Public Advocate.

    For families like mine, the pain of loss has been compounded by years of being dismissed, ignored, and silenced. We know all too well what it means to have our truths buried and our calls for justice delayed. Cindy’s appointment offers a glimmer of hope—but hope alone is not enough.

    We are watching closely to see whether this government will match words with action, and give her the independence, resources, and authority needed to make a real difference. Anything less would be another betrayal.

     Yvette Williams MBE, Justice 4 Grenfell Campaign, said:

    It is powerful and necessary to see someone with a proven track record and deep commitment to justice taking on this vital role. But this appointment must be more than symbolic.

    With Cindy’s experience and integrity, she has the potential to amplify the voices of those who have suffered, hold failing systems to account, and confront institutional indifference head-on.

    To achieve this, she must be allowed to act with genuine independence—free from interference or political pressure—so she can earn and retain the trust of victims, survivors, bereaved families, and communities during the most painful moments of their lives.

    Further information

    • The IPA was established by the Victims and Prisoners Act 2024
    • The candidate will be appointed for a five-year term.
    • The role is subject to pre-appointment hearing by the Justice Select Committee. Ministers consider the Committee’s views before deciding whether to proceed with the appointment.
    • Alongside the IPA, the Government can appoint additional advocates with relevant experience to each individual incident to support the IPA’s efforts.
    • In this role, the IPA will also have the power to produce reports on a major incident for which they have been appointed without a direct request from the Lord Chancellor, providing an independent and invaluable assessment of lessons learned and recommendations to the Government and other public authorities.
    • The IPA will support victims throughout the aftermath of the incident, this may include helping victims to navigate the investigations which may follow such as statutory inquiries under the Inquiries Act 2005 and inquests under the Coroner Justice Act 2009.
    • The IPA will not act as a legal representative to victims.
    • The definition of a major incident for the IPA is an event that occurs in England or Wales and is declared in writing by the Secretary of State to have caused the death of or serious harm to a significant number of individuals. This would cover major incidents similar to the Grenfell Tower fire, the Hillsborough disaster, and the Manchester Arena bombing.

    Updates to this page

    Published 1 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: Quarterly Coal Distribution Report—First Quarter 2025

    Source: US Energy Information Administration

    The Quarterly Coal Distribution Report provides detailed U.S. domestic coal distribution data by coal-origin state, coal-destination state, mode of transportation, and consuming sector. All quarterly data are preliminary and will be updated in the Annual Coal Distribution Report.

    Highlights for the first quarter of 2025

    • Total domestic coal distribution was an estimated 97.7 million short tons (MMst) in the first quarter of 2025. This value is 3.8% (3.8 MMst) lower than the previous quarter and 1.1% (1 MMst) higher than the first quarter of 2024.
    • Wyoming was the leading coal-origin state, accounting for about 49.1 MMst of shipments delivered to 27 states. Texas was the leading coal-destination state, receiving about 10.9 MMst of domestic coal.
    • An estimated 72.1% of total coal shipments were sent by railroad, 11.1% were sent by river, and 7.3% were sent by truck. Tramway and conveyor deliveries, which are traditionally associated with minemouth power plants, accounted for about 9.4% of total coal shipments.
    • Electric utilities and independent power producers received about 90.9% of the total coal shipments.

    MIL OSI USA News –

  • MIL-OSI: FWF by AROBS named UiPath Fast Track Partner for Agentic Automation

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 01, 2025 (GLOBE NEWSWIRE) — FWF, part of the AROBS Group (BVB: AROBS) and specialised in intelligent process automation, has been recognised by UiPath (NYSE: PATH), a global leader in agentic automation, as an Agentic Automation Fast Track Partner. This distinction recognises FWF for AROBS’s commitment to being at the forefront of innovation in enterprise automation, building on Robotic Process Automation and leveraging the capabilities of Agentic AI. It also confirms the AROBS Group’s strategic focus on investing in technologies that fundamentally transform how organisations operate.

    “We are honored and proud that FWF by AROBS has been named a UiPath Agentic Automation Fast Track Partner — a recognition that underscores both our advanced technical expertise and the strategic evolution of AROBS Group’s capabilities in intelligent automation. FWF by AROBS is playing a key role in expanding our group’s portfolio of next-generation enterprise solutions — from finance and healthcare to logistics and compliance — by delivering scalable automation with real business impact. As we step into a new era of agentic systems, this recognition from UiPath is also a signal to our clients and shareholders: AROBS is building one of the strongest automation and AI expertise in the region, with the capacity to lead transformations across industries,” stated Voicu Oprean, Founder and CEO of AROBS.

    The Agentic Automation Fast Track program, launched by UiPath in early 2025, includes a select group of global partners who actively contribute to the development and testing of UiPath’s latest solutions – as AI Agent Builder, and UiPath Maestro, within a collaborative framework.

    “This partnership marks an important step in our evolution and supports our goal of delivering automation solutions that drive real organisational change. This way, digital transformation initiatives translate more rapidly into concrete and sustainable results, with a direct impact on operational efficiency and decision-making speed,” stated Marius Bene, CEO of FWF by AROBS.

    While traditional RPA automates repetitive tasks, the UiPath Agentic Automation Platform introduces AI agents that understand context, analyse unstructured data, and make autonomous decisions with minimal human input. FWF by AROBS is proud to be recognised alongside global players such as Accenture, Deloitte, and IBM, and brings a unique perspective to its UK and European customer base that is rooted in and customised with precision to address specific regional market needs and business challenges.

    About AROBS: AROBS is the largest publicly listed technology company in Romania, with offices in 10 countries. It provides software services and solutions in areas such as embedded systems – Automotive, Aerospace, Maritime, and Medical, as well as Travel Technology, IoT, Clinical Trials, Fintech, Enterprise Solutions, Cybersecurity, and Intelligent Automation for international customers in UK, Europe, North America and Asia. Learn more at www.arobs.com.

    About FWF by AROBS: The company specializes in intelligent automation solutions, with a strong portfolio of projects in banking, telecom, professional services, and public administration across the UK, Germany, and Eastern Europe. Learn more at www.fwfcompany.com.

    A photo accompanying this announcement is available here: https://www.globenewswire.com/NewsRoom/AttachmentNg/790a8627-6a3d-4047-ac03-10c362d18b28

    The MIL Network –

  • MIL-OSI: American Rebel Holdings (NASDAQ: AREB) Accelerates Beverage Retail Expansion with “Rebel Light” Beer Authorization in 62 Minuteman Food Mart Stores Across the Carolinas

    Source: GlobeNewswire (MIL-OSI)

    Continued Strategic Southeast Retail Growth Positions American Rebel Light Beer as the Leading Patriotic, Better-for-You Beer in the C-Store Channel

    NASHVILLE, TN, July 01, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), America’s Patriotic Brand and creator of American Rebel Light Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel, proudly announces additional retail expansion for its beverage division. American Rebel Light Beer, the company’s flagship Patriotic and “Better-for-You” light beer, has secured retail authorization in 62 Minuteman Food Mart locations across North Carolina and South Carolina—marking a significant leap in its Southeastern retail expansion strategy.

    This retail rollout with Minuteman Food Marts www.minutemanfoodmart.com, a respected regional operator with a strong community presence, positions American Rebel Light in one of the most beer-forward convenience store markets in the country.

    With over 150,000 convenience stores nationwide, and beer accounting for nearly 7% of all in-store sales—especially peaking around patriotic holidays—this placement is both timely and strategically aligned with American Rebel Light Beer’s values and consumer base.

    “We’re fired up to partner with Minuteman Food Marts to bring American Rebel Light to even more proud Americans,” said Todd Porter, President of American Rebel Beverage. “This milestone reflects our commitment to celebrating American values while fueling our rapid growth in key Southeastern markets.”

    Minuteman Food Mart, operated by Campbell Oil Company, has emerged as a top-tier independent C-store chain in the Carolinas, following its acquisition of Friendly Mart’s 18-store portfolio and continued site development. Its regional strength and loyal customer base make it an ideal partner for American Rebel’s mission-driven brand.

    Founded in 1976, Minuteman Food Mart has grown into a trusted convenience destination across the Carolinas. Minuteman Food Mart is a fourth-generation family business that began as a single service station and has grown into a network of over 60 convenience stores across North and South Carolina. The name “Minuteman” was inspired by a statue atop a Lance crackers display in a local hardware store—symbolizing readiness, service, and American grit. With deep roots in the region and a mission built on family values, integrity, and community service, Minuteman continues to deliver fast, friendly service to customers on the go.

    • Strong Regional Presence: Minuteman operates 62 locations in North Carolina, with additional growth in South Carolina, cementing its influence across the Carolinas. National and Regional Ranking: Ranked #117 nationally among convenience store chains per CSP’s 2025 Top 202 list. Within North Carolina, it’s among the top regional operators, though specific state rankings aren’t published.
    • Strategic Expansion: Growth accelerated through the acquisition of 18 Friendly Mart stores and revitalization of sites like the former Speedway in Whiteville.
    • Diverse Offerings: Combines fuel (Shell, BP, Marathon), food service (Minuteman Kitchen, Little Caesars Express), and beer sales to drive margins and customer loyalty.
    • Beer Sales Outlook: C-stores in North Carolina play a significant role in alcohol retail, especially for beer, within state-regulated hours and ABV limits. Beer sales are a key revenue stream for operators like Minuteman.

    Momentum Ignited: American Rebel Light Converts High-Profile Event Success into Tangible Retail Shelf Growth in the Southeastern USA.

    This expansion follows a series of high-impact distribution wins in Tennessee, Ohio, Kansas, and Indiana, and aligns with American Rebel’s board-endorsed strategy to accelerate national rollout and capitalize on motorsports and lifestyle marketing platforms.

    “North Carolina has shown up big for American Rebel Light—and we’re just getting started. From the roar of the engines at the Coca-Cola 600 to the thunderous support at the American Rebel Light NHRA Nationals, the fans made one thing clear: this is their beer. We were honored to be the #1 selling beer at the NHRA event at Charlotte Motor Speedway, and it’s a reflection of something bigger—patriotic Americans connecting with a brand that stands for what they believe in.” said Andy Ross, CEO American Rebel Holdings, Inc.

    “With the new authorization and planned rollout through Minuteman Food Marts, we’re making it easier than ever for the proud residents of North Carolina to enjoy America’s Patriotic, God-Fearing, National Anthem-Singing, Stand Your Ground Beer—not just trackside, but in backyards, on porches, and around the grill all summer long. North Carolina loves Rebel Light, and Rebel Light loves North Carolina. With a growing footprint, a resonant brand message, and a product that delivers on taste and purpose, American Rebel Light is quickly becoming the beer of choice for freedom-loving Americans—on shelves, at events, and in the hearts of consumers nationwide.”

    This retail authorization strengthens American Rebel Light Beer’s growing footprint and aligns with broader marketing efforts that are driving national momentum. In tandem with new distribution wins, American Rebel Light has launched trackside sponsorships at select NHRA events, bringing the brand’s energy and values to motorsport fans across the country. These high-octane partnerships are further amplified by a FOX television commercial campaign debuting in Q3 2025—spotlighting the American Rebel lifestyle and reinforcing its big-brand look and feel and is driving brand awareness and consumer demand which will help solidify additional retail placements throughout the remainder of the year and for the important Spring 2026 retail reset process.

    About American Rebel Light Beer

    American Rebel Light is more than just a beer – it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida, Indiana and now Virginia and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms (@americanrebelbeer).

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

    For more information about American Rebel Light Beer follow us on social media @AmericanRebelBeer.

    For more information, visit americanrebelbeer.com.

    About American Rebel Holdings, Inc.

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

    Watch the American Rebel Story as told by our CEO Andy Ross visit The American Rebel Story

    Media Inquiries:

    Matt Sheldon
    Matt@Precisionpr.co
    917-280-7329

    American Rebel Holdings, Inc.

    info@americanrebel.com
    ir@americanrebel.com

    American Rebel Beverages, LLC

    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the effectiveness of our rollout with MinuteMan, benefits of our continued sponsorship of high profile events, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Oportun Responds to Comments by Findell Capital

    Source: GlobeNewswire (MIL-OSI)

    Reiterates openness and ongoing efforts to reach constructive compromise with Findell

    Highlights Board actions to streamline and rebalance director skills in service of all stockholders

    SAN CARLOS, Calif., July 01, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT) (“Oportun” or the “Company”), a mission-driven financial services company, today issued a statement in response to recent comments made by Findell Capital Management, LLC (“Findell”):

    “As described in detail in our investor presentation, Oportun has sought a resolution with Findell for months. We have delivered to Findell multiple formal proposals that involved changes to the Board’s composition, including as recently as the week before last. Findell has not responded to this latest offer.

    The Board’s decision to reduce the number of directors and rebalance the Board’s skills and experience, including the decision not to nominate incumbent Lead Independent Director Neil Williams and director Scott Parker, was the result of careful review of the Board’s expertise and needs and reflects stockholder feedback. Both Mr. Williams and Mr. Parker are former public company Chief Financial Officers; the Board has three other directors with similar backgrounds in finance and accounting.

    The Company remains committed to engaging constructively with Findell and willing to resolve the proxy contest on terms that serve the best interests of all our stockholders.”

    About Oportun

    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Oportun.com.

    Cautionary Statement on Forward-Looking Statements

    Certain statements in this communication are “forward-looking statements.” These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this communication, including statements as to our future engagement with Findell and the proxy contest, are forward-looking statements. These statements can be generally identified by terms such as “expect,” “plan,” “goal,” “target,” “anticipate,” “assume,” “predict,” “project,” “outlook,” “continue,” “due,” “may,” “believe,” “seek,” or “estimate” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would,” “likely” and “could.” These statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events, financial trends and risks and uncertainties that we believe may affect our business, financial condition and results of operations. These risks and uncertainties include those risks described in our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K for the year ended December 31, 2024, as well as our subsequent filings with the SEC. These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, we disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as required by law. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements.

    Investor Contact        
    Dorian Hare
    (650) 590-4323
    ir@oportun.com

    Innisfree M&A Incorporated
    Scott Winter / Gabrielle Wolf / Jonathan Kovacs
    (212) 750-5833

    Media Contact
    FGS Global
    John Christiansen / Bryan Locke
    Oportun@fgsglobal.com 

    The MIL Network –

  • MIL-OSI: Bishop Street Underwriters Acquires Aerospace Insurance Managers from Hallmark Financial

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced that it has acquired Aerospace Insurance Managers (“AIM”), a general aviation insurance services provider, from Hallmark Financial (“Hallmark”). This acquisition marks Bishop Street’s entry into the aviation insurance market, strengthening its differentiated MGA platform with an expanded portfolio of specialized client solutions. Financial terms of the deal were not disclosed.

    AIM provides general aviation coverage for aircraft hull, aircraft and airport liability, with a focus on small aircrafts flown for pleasure or business, as well as hangar owners, FBO operators, private and municipal airports, and flight school and charter operators. Operating across 47 states, AIM will benefit from the resources and commitment to underwriting profitability offered by the Bishop Street platform, enabling improved service quality for clients and new business expansion opportunities. AIM’s 16-person team will continue to offer A+ rated coverage and be led by Sean Kelley, Vice President – Chief Underwriting Officer, and Randy Kasen, Vice President – Business Development and Operations, providing quality underwriting services to clients across the country.

    “AIM is entering an exciting new chapter, powered by access to new strategic partners and capital resources,” said Sean Kelley. “Joining the Bishop Street platform significantly strengthens our team’s capabilities, allowing us to expand our reach and positioning us to grow our business while continuing to provide top-tier client service.”

    Randy Kasen added, “Bishop Street has created a strong home base for operators like us, who provide tailored services to specific audiences and want access to a wider spectrum of resources and business development opportunities. The team’s commitment to innovation and growth couldn’t be more complementary to our goals for the future of AIM, and we look forward to seeing what comes next.”

    “We are pleased to welcome AIM to Bishop Street, maintaining our positive momentum and setting the stage for our continued expansion,” said Chad Weber, President of Bishop Street. “The team brings specialized expertise, strong capacity partners and an excellent reputation to our platform, further diversifying our portfolio and advancing our commitment to aligning with the best of the best in the insurance industry.”

    Mike Zabik, Partner of RedBird Capital, said, “The acquisition of AIM adds another high-performing, niche insurance provider to the portfolio to complement the firm’s existing business lines and create opportunities to continue scaling Bishop Street’s unique platform. Bishop Street continues to grow rapidly, fueled by opportunistic acquisitions and a unique ability to execute on strategic lift outs of specialty underwriting teams. Following the acquisition of AIM, Bishop Street has successfully completed three carrier carveouts in less than two years.”

    This acquisition follows a series of key strategic developments for Bishop Street, including the acquisitions of Landmark Underwriting, Ethos Specialty’s Transactional Liability unit, Conifer Insurance Services, Ahoy!, an investment in Verve Services and the establishment of partnerships with Skyward Specialty Insurance and Topsail Re.

    Raymond James & Associates, Inc. served as the exclusive financial advisor and Olshan Frome Wolosky LLP provided legal counsel to Hallmark. Fried, Frank, Harris, Shriver & Jacobson LLP and McDermott Will & Emery LLP provided legal counsel to Bishop Street Underwriters.

    About Bishop Street
    Bishop Street Underwriters, a RedBird Capital portfolio company, seeks to partner with Managing General Agents (“MGAs”) as well as niche underwriting teams. Bishop Street aims to combine their best-in-class (re)insurance executive team’s vision with RedBird’s strong track record, expertise and network in the financial services sector to build a differentiated platform that is uniquely positioned to capitalize on secular growth tailwinds in the industry. For more information, please go to www.bishopstreetuw.com.

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

    Media Contacts
    Bishop Street 
    Dan Gagnier
    Gagnier Communications
    bishopstreet@gagnierfc.com
    646.569.5897

    The MIL Network –

  • MIL-OSI: Bishop Street Underwriters Acquires Aerospace Insurance Managers from Hallmark Financial

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced that it has acquired Aerospace Insurance Managers (“AIM”), a general aviation insurance services provider, from Hallmark Financial (“Hallmark”). This acquisition marks Bishop Street’s entry into the aviation insurance market, strengthening its differentiated MGA platform with an expanded portfolio of specialized client solutions. Financial terms of the deal were not disclosed.

    AIM provides general aviation coverage for aircraft hull, aircraft and airport liability, with a focus on small aircrafts flown for pleasure or business, as well as hangar owners, FBO operators, private and municipal airports, and flight school and charter operators. Operating across 47 states, AIM will benefit from the resources and commitment to underwriting profitability offered by the Bishop Street platform, enabling improved service quality for clients and new business expansion opportunities. AIM’s 16-person team will continue to offer A+ rated coverage and be led by Sean Kelley, Vice President – Chief Underwriting Officer, and Randy Kasen, Vice President – Business Development and Operations, providing quality underwriting services to clients across the country.

    “AIM is entering an exciting new chapter, powered by access to new strategic partners and capital resources,” said Sean Kelley. “Joining the Bishop Street platform significantly strengthens our team’s capabilities, allowing us to expand our reach and positioning us to grow our business while continuing to provide top-tier client service.”

    Randy Kasen added, “Bishop Street has created a strong home base for operators like us, who provide tailored services to specific audiences and want access to a wider spectrum of resources and business development opportunities. The team’s commitment to innovation and growth couldn’t be more complementary to our goals for the future of AIM, and we look forward to seeing what comes next.”

    “We are pleased to welcome AIM to Bishop Street, maintaining our positive momentum and setting the stage for our continued expansion,” said Chad Weber, President of Bishop Street. “The team brings specialized expertise, strong capacity partners and an excellent reputation to our platform, further diversifying our portfolio and advancing our commitment to aligning with the best of the best in the insurance industry.”

    Mike Zabik, Partner of RedBird Capital, said, “The acquisition of AIM adds another high-performing, niche insurance provider to the portfolio to complement the firm’s existing business lines and create opportunities to continue scaling Bishop Street’s unique platform. Bishop Street continues to grow rapidly, fueled by opportunistic acquisitions and a unique ability to execute on strategic lift outs of specialty underwriting teams. Following the acquisition of AIM, Bishop Street has successfully completed three carrier carveouts in less than two years.”

    This acquisition follows a series of key strategic developments for Bishop Street, including the acquisitions of Landmark Underwriting, Ethos Specialty’s Transactional Liability unit, Conifer Insurance Services, Ahoy!, an investment in Verve Services and the establishment of partnerships with Skyward Specialty Insurance and Topsail Re.

    Raymond James & Associates, Inc. served as the exclusive financial advisor and Olshan Frome Wolosky LLP provided legal counsel to Hallmark. Fried, Frank, Harris, Shriver & Jacobson LLP and McDermott Will & Emery LLP provided legal counsel to Bishop Street Underwriters.

    About Bishop Street
    Bishop Street Underwriters, a RedBird Capital portfolio company, seeks to partner with Managing General Agents (“MGAs”) as well as niche underwriting teams. Bishop Street aims to combine their best-in-class (re)insurance executive team’s vision with RedBird’s strong track record, expertise and network in the financial services sector to build a differentiated platform that is uniquely positioned to capitalize on secular growth tailwinds in the industry. For more information, please go to www.bishopstreetuw.com.

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

    Media Contacts
    Bishop Street 
    Dan Gagnier
    Gagnier Communications
    bishopstreet@gagnierfc.com
    646.569.5897

    The MIL Network –

  • MIL-OSI: Duos Technologies added to Russell Microcap® Index

    Source: GlobeNewswire (MIL-OSI)

    JACKSONVILLE, Fla., July 01, 2025 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), was added as a member of the Russell Microcap® Index, effective after the US market opened on June 30 as part of the 2025 Russell indexes reconstitution, according to the FTSE Russell website.

    The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

    “Being included in the Russell Microcap® Index marks a significant achievement for Duos and reflects the growing momentum behind our strategic initiatives,” said Adrian Goldfarb, Chief Financial Officer of Duos. “This inclusion increases our visibility with institutional investors and highlights the progress we’ve made in building a financially disciplined, innovation-driven company. With strong traction across our core AI inspection business and the expanding potential of Duos Edge AI, particularly in deploying scalable edge data centers to underserved markets, we’re well-positioned for long-term growth and look forward to engaging a broader investor base.”

    Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell’s US indexes serve as the benchmark for about $10.6 trillion in assets as of the close of June 2024. Russell indexes are part of FTSE Russell, the global index provider.

    For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

    About Duos Technologies Group, Inc.
    Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiaries, Duos Technologies, Inc., Duos Edge AI, Inc., and Duos Energy Corporation, designs, develops, deploys and operates intelligent technology solutions for Machine Vision and Artificial Intelligence (“AI”) applications including real-time analysis of fast-moving vehicles, Edge Data Centers and power consulting. For more information, visit www.duostech.com , www.duosedge.ai and www.duosenergycorp.com.

    About FTSE Russell, an LSEG Business
    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

    A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

    FTSE Russell is wholly owned by London Stock Exchange Group. 

    For more information, visit FTSE Russell.

    Forward- Looking Statements
    This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects — both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b55faf3b-a6e9-4b1e-8c1f-6ccb0ea91bc4.

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: Mahindra Selects Cerence Audio AI to Power In-Car Voice Interaction in its Electric Origin SUVs

    Source: GlobeNewswire (MIL-OSI)

    BURLINGTON, Mass., July 01, 2025 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today announced that Mahindra has selected Cerence Audio AI to enhance in-car interaction in its next-generation, electric, software-defined vehicles (SDVs), the first of their kind produced by an Indian automobile manufacturer.

    In November 2024, at the Unlimit India event in Chennai, Mahindra unveiled its electric-origin SUVs – BE 6 and XEV 9e, underpinned by the MAIA (Mahindra Artificial Intelligence Architecture), the most powerful mind in the automotive world built on next-gen domain architecture with ethernet backbone. MAIA integrates cutting-edge hardware and software to deliver an intelligent, connected, and personalized driving experience.

    Mahindra’s eSUV’s Artificial Intelligence Architecture will leverage Cerence Speech Signal Enhancement (SSE), part of the company’s Audio AI suite, to enable clear communication between drivers and passengers and the infotainment system. Cerence SSE delivers the latest in AI-based speech enhancement technology with advanced acoustic processing, including noise and echo cancelation. It combines advanced statistical signal processing algorithms with the latest machine learning technologies to provide superior performance with moderate CPU consumption. Cerence SSE is a comprehensive, hardware- and operating system-agnostic suite of sound processing technologies that significantly improve communication and recognition in noisy environments like in a moving car – particularly critical in India’s noisy road conditions.

    R. Velusamy, President – Automotive Product Development, Mahindra & Mahindra Ltd. and Joint Managing Director, Mahindra Electric Automobile Limited, said, “With the enhanced connectivity provided through MAIA, vehicle occupants will have incredible access to content and features on the road. Cerence SSE makes these content and features accessible, regardless of noisy driving conditions. By partnering with Cerence AI and leveraging their Audio AI solutions, we are ensuring that our electric origin SUVs hear drivers and passengers correctly and start each human-to-infotainment interaction off on the right foot, further enhancing the in-car experience.”

    “Cerence Speech Signal Enhancement is the foundation of meaningful interaction in the car, decreasing noise and therefore increasing the assistant’s ability to understand the user,” said Nils Schanz, EVP, Product & Technology, Cerence AI. “Accuracy of interactions and the assistant’s ability to understand what is being asked are critical to driving long-term usage and adoption of in-car assistants, and we are proud to partner with Mahindra to help create this with their drivers and passengers.”

    Cerence AI is a leading provider of automotive speech enhancement solutions for voice communication and advanced multi-zone voice assistants for automakers worldwide. In addition to its comprehensive suite of Audio AI solutions, the company also offers comprehensive qualification and certification services according to ITU-T and third-party requirements for hands-free solutions and voice assistants.

    For more information about Cerence’s Audio Ai suite, visit www.cerence.ai/cerence-products/audio-ai. 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
    Kate Hickman | Tel: 339-215-4583 | Email: kate.hickman@cerence.com

    The MIL Network –

  • MIL-OSI: CareCloud Confirms ICFR Attestation Requirement Following $85.1 Million Public Float Milestone; Launches Audit Firm Search

    Source: GlobeNewswire (MIL-OSI)

    SOMERSET, N.J., July 01, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for medical practices and health systems nationwide, today announced that it has surpassed the accelerated filer threshold with a public float of $85.1 million as of the market close on June 30, 2025. This achievement triggers a new compliance benchmark under SEC regulations—specifically, the inclusion of an auditor attestation of the Company’s Internal Control over Financial Reporting (“ICFR”) in accordance with Section 404(b) of the Sarbanes-Oxley Act.

    “This milestone is a powerful validation of CareCloud’s growth trajectory, investor confidence, and long-term market position,” said Stephen Snyder, Co-CEO of CareCloud. “We are entering this next phase with energy and focus, reinforcing our commitment to rigorous compliance, operational excellence, and world-class corporate governance.”

    The Company’s current audit firm notified CareCloud that it does not have the capacity to perform the ICFR attestation. Because SEC rules require the same audit firm to conduct both the financial statement audit and the ICFR attestation, a change in auditors is likely necessary.

    To ensure full regulatory compliance and timely filing, CareCloud has launched a formal process to engage a new audit firm capable of delivering the full scope of services required for fiscal year 2025.

    The Company will provide an update as soon as a new audit firm is selected and engaged.

    About CareCloud

    CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com.

    Follow CareCloud on LinkedIn, X and Facebook.

    For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

    Disclaimer

    This press release is for information purposes only and does not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other 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.

    Forward-Looking Statements

    This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

    Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

    These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

    The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

    SOURCE: CareCloud

    Company Contact: 
    Norman Roth 
    Interim Chief Financial Officer and Corporate Controller 
    CareCloud, Inc.
    nroth@carecloud.com 

    Investor Contact:
    Stephen Snyder 
    Co-Chief Executive Officer 
    CareCloud, Inc. 
    ir@carecloud.com 

    The MIL Network –

  • MIL-OSI: CareCloud Confirms ICFR Attestation Requirement Following $85.1 Million Public Float Milestone; Launches Audit Firm Search

    Source: GlobeNewswire (MIL-OSI)

    SOMERSET, N.J., July 01, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for medical practices and health systems nationwide, today announced that it has surpassed the accelerated filer threshold with a public float of $85.1 million as of the market close on June 30, 2025. This achievement triggers a new compliance benchmark under SEC regulations—specifically, the inclusion of an auditor attestation of the Company’s Internal Control over Financial Reporting (“ICFR”) in accordance with Section 404(b) of the Sarbanes-Oxley Act.

    “This milestone is a powerful validation of CareCloud’s growth trajectory, investor confidence, and long-term market position,” said Stephen Snyder, Co-CEO of CareCloud. “We are entering this next phase with energy and focus, reinforcing our commitment to rigorous compliance, operational excellence, and world-class corporate governance.”

    The Company’s current audit firm notified CareCloud that it does not have the capacity to perform the ICFR attestation. Because SEC rules require the same audit firm to conduct both the financial statement audit and the ICFR attestation, a change in auditors is likely necessary.

    To ensure full regulatory compliance and timely filing, CareCloud has launched a formal process to engage a new audit firm capable of delivering the full scope of services required for fiscal year 2025.

    The Company will provide an update as soon as a new audit firm is selected and engaged.

    About CareCloud

    CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com.

    Follow CareCloud on LinkedIn, X and Facebook.

    For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

    Disclaimer

    This press release is for information purposes only and does not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other 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.

    Forward-Looking Statements

    This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

    Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

    These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

    The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

    SOURCE: CareCloud

    Company Contact: 
    Norman Roth 
    Interim Chief Financial Officer and Corporate Controller 
    CareCloud, Inc.
    nroth@carecloud.com 

    Investor Contact:
    Stephen Snyder 
    Co-Chief Executive Officer 
    CareCloud, Inc. 
    ir@carecloud.com 

    The MIL Network –

  • MIL-OSI: Regula Powers Ecuador’s Plan to Modernize Every Border – From Airports to Maritime Ports

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., July 01, 2025 (GLOBE NEWSWIRE) — Ecuador’s border control authorities have significantly enhanced their identity verification capabilities by deploying a suite of advanced document examination devices from Regula. The nationwide upgrade, supported by the International Organization for Migration (IOM) and local partner INSETK, brings automation, precision, and speed to the country’s border checkpoints, which collectively process nearly 1.5 million travelers annually.

    The project is a major step in Ecuador’s mission to modernize all land, air, and maritime entry points, including key international airports in Quito and Guayaquil, as well as northern and southern border crossings. These strategic locations now benefit from Regula’s advanced forensic devices, which enable fast and reliable detection of fraudulent documents—critical in the fight against identity-related crime.

    The immigration officers of Ecuador during the training on how to effectively use Regula’s devices

    Closing the gap with a set of forensic devices

    Previously, document checks at Ecuador border crossings were largely manual and supported by outdated equipment, often handled by just two officers per site. This made the process slow, error-prone, and vulnerable to sophisticated fraud.

    To address this, Ecuador’s border checkpoints were equipped with the following Regula solutions:

    • Regula 4308 at Quito International Airport: Ideal for high-traffic airports, this dual-video spectral comparator supports the full spectrum of light sources and optical filters. It also offers high-quality image capture capabilities thanks to its up to 320x optical zoom and up to 140,000 ppi resolution. As a result, border officers can thoroughly inspect all of the ID security features, including printing techniques, holograms, optically variable inks, and more.
    • Regula 4306 at Guayaquil International Airport and major land borders: A space-saving device with an 8 MP high-resolution camera and over 40 LED light sources for analyzing document authenticity, just like its counterpart, the Regula 4308.
    • Regula 4205D at frontline checkpoints: A multi-functional device tailored for primary control zones. It includes 12 light sources, automated cross-checks, and up to 30x on-screen magnification for thorough document authentication.
    • Regula 8333M at mobile checkpoints: Designed for remote or non-standard border control situations, such as processing charter flights or cruise ship passengers, this compact mobile document reader ensures that ID checks remain reliable and consistent outside traditional migration offices.

    Regula’s video spectral comparators are controlled via Regula Forensic Studio (RFS), a cross-platform software solution for advanced document checks. It enables precise measurements, image comparison, report generation, and scripted workflows for faster, consistent inspections. With RFS, officers can also verify MRZs, RFID chips, barcodes, and IPI—all without extra tools. For deeper document examination, border control officers have real-time access to Regula’s Information Reference System (IRS), which provides synchronized reference images and lighting presets for fast, precise comparison of travel documents.

    RFS also integrates with Regula Document Reader SDK to automate travel document verification and prevent fraud through data cross-verification and robust authenticity checks. Importantly, Regula’s software is backed by its proprietary identity document template database—the world’s largest—featuring over 15,000 templates from 252 countries and territories, ensuring reliable validation at border checkpoints.

    Trusted results, faster than ever

    Since implementing Regula’s solutions, Ecuadorian border control authorities have noticed notable improvements:

    • Document authentication now takes minutes instead of hours.
    • Detection of forged documents has significantly increased.
    • Automation reduces human error and increases operational efficiency.
    • Officers have more time to focus on complex cases and decision-making.

    “Apart from the technology upgrade and fraud detection improvement at the border crossings, our collaboration with Regula demonstrated another success. The project was fulfilled very smoothly. From the beginning, we’ve received full support from Regula’s team—they were always ready to help with any issue, even those caused by users on the ground. It’s definitely a level of service that makes a real difference,” says Diego Calderon, Chief Executive Officer at INSETK.

    “Border security is where precision, speed, and trust must converge. We’re proud to support Ecuador in modernizing its checkpoints with tools that meet forensic standards while being easy to use in the field. This project shows how technology can turn critical inspection tasks from time-consuming to streamlined, without compromising security,” comments Arif Mamedov, CEO at Regula Forensics, Inc.

    To learn more about Ecuador’s improved border security through advanced identity verification, visit Regula’s website for the full case study.

    About Regula

    Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the most comprehensive library of document templates in the world, we create breakthrough technologies for document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security, or speed. Regula has been repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

    Learn more at www.regulaforensics.com.

    Contact:
    Kristina – ks@regula.us

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc26d929-dfe7-4c8c-bb73-16cfd4680292

    The MIL Network –

  • MIL-OSI: Richtech Robotics Announces Inclusion in US small-cap Russell 2000® and Russell 3000® Indices

    Source: GlobeNewswire (MIL-OSI)

    The addition highlights the company’s commitment to delivering long-term shareholder value and driving positive impact through AI-driven robotics

    LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announces that it has been added to the US small-cap Russell 2000® Index. The inclusion, which took effect after the US market closed on June 27, 2025, was a result of the 2025 Russell Indexes reconstitution. The Russell 2000 Index is a subset of the Russell 3000® Index which is designed to represent approximately 98% of the investable US equity market. It includes approximately 2,000 of the smallest securities based on a combination of their market capitalization and current index membership.

    “Our inclusion in the Russell 2000® and Russell 3000® indices reflects the growing recognition of Richtech Robotics’ leadership in AI and automation,” said Matt Casella, President of Richtech Robotics. “We believe that this milestone underscores rising investor confidence in our vision and validates the significant progress we’ve made with our Titan, Adam, and Scorpion robots. We see this as a launchpad to accelerate innovation, scale strategic partnerships, and expand our market presence as we work to define the future of service robotics.”

    Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The Company’s stock will also be automatically added to the appropriate growth and value indexes.

    For more information on the Russell 2000® and Russell 3000® Indexes and the Russell indexes reconstitution, visit the “Russell Reconstitution” section on the FTSE Russell website.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X, LinkedIn and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the Richtech Robotics’ leadership in AI and automation and investor confidence in Richtech Robotics.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the SEC on March 4, 2025, the IPO Registration Statement and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: Richtech Robotics Announces Inclusion in US small-cap Russell 2000® and Russell 3000® Indices

    Source: GlobeNewswire (MIL-OSI)

    The addition highlights the company’s commitment to delivering long-term shareholder value and driving positive impact through AI-driven robotics

    LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announces that it has been added to the US small-cap Russell 2000® Index. The inclusion, which took effect after the US market closed on June 27, 2025, was a result of the 2025 Russell Indexes reconstitution. The Russell 2000 Index is a subset of the Russell 3000® Index which is designed to represent approximately 98% of the investable US equity market. It includes approximately 2,000 of the smallest securities based on a combination of their market capitalization and current index membership.

    “Our inclusion in the Russell 2000® and Russell 3000® indices reflects the growing recognition of Richtech Robotics’ leadership in AI and automation,” said Matt Casella, President of Richtech Robotics. “We believe that this milestone underscores rising investor confidence in our vision and validates the significant progress we’ve made with our Titan, Adam, and Scorpion robots. We see this as a launchpad to accelerate innovation, scale strategic partnerships, and expand our market presence as we work to define the future of service robotics.”

    Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The Company’s stock will also be automatically added to the appropriate growth and value indexes.

    For more information on the Russell 2000® and Russell 3000® Indexes and the Russell indexes reconstitution, visit the “Russell Reconstitution” section on the FTSE Russell website.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X, LinkedIn and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the Richtech Robotics’ leadership in AI and automation and investor confidence in Richtech Robotics.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the SEC on March 4, 2025, the IPO Registration Statement and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: Richtech Robotics Announces Inclusion in US small-cap Russell 2000® and Russell 3000® Indices

    Source: GlobeNewswire (MIL-OSI)

    The addition highlights the company’s commitment to delivering long-term shareholder value and driving positive impact through AI-driven robotics

    LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announces that it has been added to the US small-cap Russell 2000® Index. The inclusion, which took effect after the US market closed on June 27, 2025, was a result of the 2025 Russell Indexes reconstitution. The Russell 2000 Index is a subset of the Russell 3000® Index which is designed to represent approximately 98% of the investable US equity market. It includes approximately 2,000 of the smallest securities based on a combination of their market capitalization and current index membership.

    “Our inclusion in the Russell 2000® and Russell 3000® indices reflects the growing recognition of Richtech Robotics’ leadership in AI and automation,” said Matt Casella, President of Richtech Robotics. “We believe that this milestone underscores rising investor confidence in our vision and validates the significant progress we’ve made with our Titan, Adam, and Scorpion robots. We see this as a launchpad to accelerate innovation, scale strategic partnerships, and expand our market presence as we work to define the future of service robotics.”

    Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The Company’s stock will also be automatically added to the appropriate growth and value indexes.

    For more information on the Russell 2000® and Russell 3000® Indexes and the Russell indexes reconstitution, visit the “Russell Reconstitution” section on the FTSE Russell website.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X, LinkedIn and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the Richtech Robotics’ leadership in AI and automation and investor confidence in Richtech Robotics.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the SEC on March 4, 2025, the IPO Registration Statement and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: SC Capital Holding in Advanced Talks for Strategic Hospitality Acquisition in Cyprus

    Source: GlobeNewswire (MIL-OSI)

    ZUG, Switzerland, July 01, 2025 (GLOBE NEWSWIRE) — Switzerland-based SC Capital Holding AG confirmed today that it is in late-stage discussions to acquire a landmark luxury hotel on the southern coast of Cyprus, marking the firm’s entry into the island nation as part of its growing Mediterranean portfolio.

    “Cyprus offers the confluence of architectural heritage, year-round airlift, and upscale leisure demand that fits perfectly with our value-creation model,” said Simo Chaabani, Chief Executive Officer of SC Capital Holding. “We are targeting properties where targeted investment and operational enhancements can create long-term value for guests and investors alike.”

    Chaabani and a delegation of senior executives completed a series of on-island inspections last week, visiting select assets in Limassol and Paphos. The itinerary focuses on hotels with strong architectural bones, unobstructed beachfront frontage, and expansion potential for low-rise branded residences.

    Building on a Proven Mediterranean Playbook
    The Cypriot pursuit follows SC Capital Holding’s recently announced pipeline in Albania, where the firm is evaluating more than 500 keys across Sarandë and Vlorë. Coupled with active projects in Central Europe, the Cyprus initiative underscores a disciplined regional thesis: acquire under-tapped coastal or city-center assets, inject best-in-class sustainability features, and drive superior RevPAR growth through data-driven revenue management.

    “Our partners understand that hospitality transformations are rarely cosmetic,” Simo Chaabani noted. “We go deep, recasting energy systems, digitizing the guest journey, and hard-wiring ESG metrics into every line item of the business plan. SC Capital Holding’s decades of cumulative hotel experience span corporate banking, hotel asset management, and construction engineering.” Recent projects exceeded energy-efficiency targets while lifting operating margins into the high teens, a performance Simo Chaabani calls “a rehearsal for what we intend to accomplish in Cyprus.”

    This flight was 100% offset with carbon compensation.

    Market Tailwinds Favour Cyprus
    Tourism arrivals to Cyprus surpassed 4.4 million in 2024, approaching pre-pandemic peaks, while average daily rates for five-star hotels climbed 9 percent year-on-year, according to national tourism data. Yet many legacy properties still operate below their potential, lacking the sustainability credentials and brand affiliations required by today’s global traveler.

    “Cyprus sits at the crossroads of Europe, the Middle East, and North Africa, but much of its luxury inventory has stood still,” Simo Chaabani said. “That disconnect between destination appeal and asset performance positions us to create a genuine flagship.”

    Sustainability and Smart-Hotel Technologies at the Core
    Every SC Capital Holding acquisition is evaluated against a proprietary “green conversion roadmap,” which targets:

    • LEED Gold or BREEAM Excellent certification within three years
    • 40 percent renewable-energy adoption via rooftop solar arrays and battery storage
    • 30 percent water-consumption reductions through grey-water recycling and low-flow fixtures
    • 75 percent waste-diversion rates supported by on-site composting and recycling partnerships

    Layered atop these environmental benchmarks is the firm’s Smart-Stay™ technology stack, AI-powered energy management, contactless guest journeys, and predictive maintenance tools that collectively trim utility spending while elevating the guest experience.

    “Efficiency and luxury are not mutually exclusive,” Simo Chaabani asserted. “Our guests will enjoy Ionian Sea views in rooms powered by renewable energy and enhanced with smart technology, that is the future of premium hospitality.”

    “We believe in working closely with local partners and stakeholders,” Simo Chaabani emphasized. “Success depends on aligning with municipal leaders, community stakeholders, and world-class operators who share our commitment to responsible growth.”

    For acquisition proposals or partnership inquiries, contact SC Capital Holding executive reception , to the attention of Mrs Allyson Roscoe, director of deal sourcing : contact@sccapitalholding.ch

    Learn more at: https://sccapitalholding.ch/

    About SC Capital Holding AG
    Headquartered in Zug, Switzerland, SC Capital Holding AG is a privately held investment group specializing in the acquisition, development, and management of hospitality assets across Europe. The firm combines disciplined capital allocation, sustainability leadership, and a technology-first mindset to deliver superior risk-adjusted returns.

    Media Contact
    Company Name: SC Capital Holding
    Contact Person: Allyson Roscoe
    Email: contact@sccapitalholding.ch
    Website: www.sccapitalholding.ch

    Disclaimer: This press release is provided by the SC Capital Holding. 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. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. 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.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We 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.

    Photos accompanying this announcement are available at :

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fe3e461c-1239-4ca6-9b38-d07e5747f66d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c107d9ae-4a08-4fa2-b4b4-a7b2206570b0

    The MIL Network –