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Category: Transport

  • MIL-OSI United Kingdom: Great British Energy Lands Deal to Deliver Offshore Wind Jobs

    Source: United Kingdom – Government Statements

    Press release

    Great British Energy Lands Deal to Deliver Offshore Wind Jobs

    Britain’s workers in industrial heartlands such as Teesside, Scotland, South Wales and East Anglia to benefit from a deal for the country’s industrial renewal.

    • Britain’s workers and industries supported as Energy Secretary and Great British Energy announce a major public-private deal to drive investment into offshore wind jobs.
    • Great British Energy’s initial investment of £300 million to catalyse a further £700 million from industry and The Crown Estate, taking the total pot to £1 billion as part of the Industrial Strategy.
    • Comes as Clean Industry Bonus allocations are confirmed, as government turbocharges delivery of clean energy jobs and growth through the Plan for Change.

    Britain’s workers in industrial heartlands such as Teesside, Scotland, South Wales and East Anglia are set to benefit from a major deal crowding in investment for the country’s industrial renewal.

    The government and Great British Energy, the UK’s publicly owned clean power company, have today (17 June) joined forces with industry and The Crown Estate to invest £1 billion in offshore wind supply chains. This will secure Britain’s renewal through manufacturing facilities and skilled well-paid jobs, delivering on government’s mission to make the UK a clean energy superpower.

    Investment comes after the Spending Review confirmed the biggest programme of investment in homegrown energy in history and forms part of the government’s Industrial Strategy – which will include clean energy industries – sending a clear signal to the world to ‘Build it in Britain’.

    This investment will power the next generation of offshore wind in Britain, supporting British innovation from blueprint to blade. By backing the manufacturing of turbines, floating platforms, HVDC cables, and cutting-edge technologies, alongside upgrading vital port infrastructure from Leith and Teesside to Great Yarmouth and Port Talbot. This investment will unlock thousands of jobs, kickstarting growth in coastal communities and industrial towns, and secure a cleaner, more independent energy future for Britain.

    The funding is made up of:

    • £300 million announced by Great British Energy in April, which provides upfront public investment to crowd in funding from the private sector into Britain’s industrial regions.
    • £400 million from The Crown Estate, intended to support new infrastructure, including ports, supply chain manufacturing and research and testing facilities.
    • £300 million being developed by the offshore wind industry to match fund government through the Industrial Growth Plan, to deliver new investments into supply chains such as advanced turbines technologies and foundations and substructures.

    This takes the pot to £1 billion, building the industries of the future in Britain, such as floating offshore wind, and securing the UK as an attractive investment destination for international investors and existing UK companies. 

    Funding will support thousands of additional jobs – from the electricians manufacturing the turbines and blades to the engineers responsible for the construction and maintenance of wind farms. The government is giving long-term industrial certainty to hardworking British people as part of the Plan for Change.

    Energy Secretary Ed Miliband said:

    This is an unprecedented collaboration between public and private investors with Great British Energy crowding in millions of private sector investment from industry and The Crown Estate, to ensure that British companies and workers win the global race for clean energy.

    We are witnessing the coming of age of Britain’s green industrial revolution as we build this new era of clean energy abundance, helping deliver new jobs, energy security and lower household’s bills through our Plan for Change.

    Great British Energy Chief Executive Dan McGrail said:

    Today’s announcement highlights the unique role Great British Energy can play in the market. By providing state-backed, catalytic investment, we can deliver on our remit to crowd-in investment, giving much needed certainty to developers and investors in the clean energy sector. GBE will continue to support domestic supply chains, driving sustainable economic growth for all corners of the UK.

    RenewableUK’s Deputy Chief Executive Jane Cooper said:

    A concerted focus from industry and Government on growing the offshore wind industry’s supply chain in the UK could deliver an extra 10,000 jobs between now and 2035, boosting the UK’s economy by £25 billion. Our sector is stepping up, working closely with the Energy Secretary and the Crown Estate to create new opportunities for manufacturing high-value goods like turbine towers, blades, foundations and cables, and providing high quality jobs building, operating and maintaining offshore wind farms.

    Our ambition is to transform quaysides around our coastline into clusters of global excellence in offshore wind, bringing new jobs and investment to communities which often badly need economic renewal.

    Richard Sandford, Chair of the Offshore Wind Industry Council, said;

    Growing our supply will avoid the kind of bottlenecks that push up costs and cause delays, so it is good for developers, consumers and our Clean Power Mission. We are working to match the Government’s funding to support a homegrown supply chain, and drive long-term sector growth. It’s vital that industry and Government keep working together to remove barriers so that we can get more capacity through clean power auctions and more funding to the supply chain.

    Gus Jaspert CMG, Managing Director, Marine at The Crown Estate, said:

    The power of offshore wind is not just in secure, green energy, but also in the opportunity to create jobs, investment and support economic growth across the country.  As our ambition on renewable energy grows, so too does our ambition to grow the UK’s supply chain and infrastructure.  Scaling up investment in our domestic supply chain will propel the UK towards its clean energy goals and take our world-leading sector to the next level, supporting thousands more jobs and creating an increasingly attractive environment for investors.

    The funding comes as Great British Energy have announced that leading public finance and investment institutions have come together to accelerate the deployment of funding, supporting domestic supply chain development for offshore wind projects.

    Great British Energy will bring together the National Wealth Fund, The Scottish National Investment Bank, The Crown Estate, Crown Estate Scotland and The Development Bank of Wales, agreeing to develop a unified public finance ‘ecosystem’ to build Britain’s offshore wind supply chains.

    The government will also allocate up to £544 million from its Clean Industry Bonus, which provides funding to offshore wind developers for prioritising their investment into some of Britain’s most deprived communities, and in cleaner supply chains. 

    Funding will go to developers investing in regions such as Scotland, the North East and the East Anglia. Subject to the outcome of this year’s renewables auction, industry estimates this could support up to 14,000 jobs, and drive up to £9 billion of private funding into these communities over the next four years.  For every £1 spent on the bonus, it is estimated to crowd in £17 of private investment.

    This means unlocking private sector investment into manufacturers of electrical equipment, heavy steel products, upgraded port facilities and the high-tech components needed to build floating and fixed offshore wind farms.

    This will support good jobs for British people in these regions – delivering the government’s mission to become a Clean Energy Superpower and Plan for Change.

    Notes to editors: 

    Offshore wind supply chains:

    • The funding comes as Great British Energy today have announced that leading public finance and investment institutions have come together to accelerate the deployment of funding, supporting domestic supply chain development for offshore wind projects.
    • Great British Energy, The National Wealth Fund, The Scottish National Investment Bank, The Crown Estate, Crown Estate Scotland and The Development Bank of Wales have each agreed to develop a unified, integrated public finance ecosystem to support the growth of the UK’s offshore wind sector.
    • Developers are set to contribute to the pot once they have secured a Contracts for Difference in the next auction round (AR7).

    Clean Industry Bonus:

    • Industry applied for Clean Industry Bonus in their numbers, with hundreds of bids, in a major vote of confidence for the Prime Minister’s mission to become a Clean Energy Superpower.   
    • Up to £200 million has been allocated to invest in clean energy facilities in the North East, unlocking up to an additional £4 billion private sector investment into manufacturers such as electrical equipment and heavy steel products.     
    • Up to £185 million has been allocated to Scotland, unlocking up to £3.5 billion private sector investment in ports and high-tech components needed to build floating and fixed offshore wind farms.    
    • The East of England has been allocated up to £20 million and Northern Ireland has up to £25 million to develop clean energy manufacturing capacity. 

    Offshore wind developers will now go on to bid for contracts to deliver their projects, as part of the next Contracts for Difference renewables round. This means there will be some attrition in winning CIB bids. Those project that win CfD contracts can then finalise the above investments into factories, with any unsuccessful projects in the main auction able to bid again next year.

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Combining Sustainable Growth with Performance: Boralex Announces Its Strategic Plan and Financial Objectives for 2030

    Source: GlobeNewswire (MIL-OSI)

    MONTRÉAL, June 17, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces its Strategic Plan and Financial Objectives for 2030.

    2030 Strategy Highlights

    • Acceleration of organic growth, leveraging our high-quality pipeline of projects and growth path
    • Maintain disciplined financial management with precise expected returns indicators, a solid balance sheet, flexible and agile financing and the introduction of a cash flows per share growth objective.  
    • Three simplified pillars: growth, efficiency and long-term differentiation.
    • Two markets in strong leadership position: Canada, with strong growth potential in Quebec and Ontario, and France, with significant potential to optimize revenues and cash flows from operating assets.
    • Two expanding markets: certain U.S. states, including solar in New York State, and the United Kingdom through the development of a long-term growth platform.
    • Increase in the weighted average remaining contract duration1 from 11 years in 2024 to 14 years by 2030.
    • Keeping up the pace of growth: double the Company’s installed capacity2 every five years within a diverse, inclusive, and responsible work environment aimed at a net-zero trajectory by 2050.

    “We are very proud to present the results of our 2030 strategic planning exercise. In a context where climate risk remains one of the main business risks globally, our strategy aims to combine sustainable growth with performance through the production of renewable and affordable energy,” said Patrick Decostre, President and Chief Executive Officer of Boralex. “By executing this plan, we are unlocking the full potential of our business model, which will allow us to seize the most promising opportunities in the four markets where we are already active and where demand for renewable energy is growing rapidly,” he added.

    “This growth, supported by a development projects pipeline and growth path of 8 GW, will be carried out in a disciplined manner and will continue to focus on securing long-term power purchase agreements with an increasingly diversified customer base. Moreover, the increase in the weighted average remaining duration of our contracts from 11 to 14 years will enable us to implement highly competitive financing structures and reinvest these long-term secured funds into an increasing number of profitable projects in the coming years,” Mr. Decostre continued.

    Boralex’s 2030 Strategy is rooted in a long-term value creation perspective, as it will enable targeted investments in projects that will materialize not only over the next five years, but also in following years, replicating the approach adopted in the 2021-2025 Strategic Plan. The 2030 Strategy builds on the significant efforts made over the past five years to create a high-quality development portfolio, enabling us to set fully organic growth targets over which we have greater control. As a result, this approach carries a lower level of risk compared to the previous plan, which relied on an important expected portion coming from mergers and acquisitions.

    Financial Objectives and Main Business Indicators 2025–20303

    100% Organic financial objectives

    • Compound annual growth rate (CAGR)4 of operating income between 12% to 14%, consolidated EBITDA(A)4 between 7% to 9% and combined EBITDA(A)4 between 8% to 10%.
    • CAGR of cash flows related to operating activities per share4 and of discretionary cash flows per share4 between 8% to 10%.

    Main business indicators

    • Total planned investments4 of $6.8 billion plus $1.2 billion for projects scheduled to be commissioned after 2030.
    • Minimum levered internal rate of return (IRR)4 on investments threshold between 10% and 12% adjusted for specific risks by region and technology as well as changes in cost of capital.
    • Payout ratio4 of 20% to 40% of discretionary cash flows.

    “Boralex will continue to grow by applying the same financial discipline that has driven its success in recent years. We will become even more agile by further diversifying our sources of financing. This will include a proactive approach to capital recycling for our most mature assets or those with high value-creation potential, as well as evaluating partnerships for larger-scale projects,” said Bruno Guilmette, Senior Vice President and Chief Financial Officer of Boralex.

    “Our 100% organic financial objectives reflect the high potential of our development pipeline and growth path, which has nearly tripled over the past five years. We are also introducing a new target in this plan: the growth of discretionary cash flows per share—a metric aligned with investor expectations and with the variable compensation of our employees. We are therefore highly confident that these objectives, combined with our discipline, will enable Boralex to maximize value creation for its shareholders and all stakeholders,” Mr. Guilmette added.

    Investor Day 2025

    Boralex presented its 2030 Strategy and objectives to a group of investors, financial analysts, and bankers gathered in Toronto. The presentation was also broadcast live for business partners who were unable to attend in person. On this occasion, the executive team and regional leaders outlined the key elements and financial targets of the 2030 Strategy, the various growth opportunities and outlooks by region and technology, as well as the company’s approach to risk management and sustainability. A replay of the event and all presentation materials are available on Boralex’s website in the Investors section.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50% to 3.2 GW. We are developing a portfolio of projects in development and construction of 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, discipline, expertise and diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. 

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook and LinkedIn.

    Non-IFRS and other financial measures

    Performance measures

    In order to assess the performance of its assets and reporting segments, Boralex uses various performance measures. Management believes that these measures are widely accepted financial indicators used by investors to assess the operational performance of a company and its ability to generate cash through operations. The non-IFRS and other financial measures also provide investors with insight into the Corporation’s decision making as the Corporation uses these non-IFRS financial measures to make financial, strategic and operating decisions. It is important to note that the non-IFRS financial measures should not be considered as substitutes for IFRS measures. They are primarily derived from the audited consolidated financial statements, but do not have a standardized meaning under IFRS; accordingly, they may not be comparable to similarly named measures used by other companies. In addition, these non-IFRS financial measures are not audited and have important limitations as analytical tools. Investors are therefore cautioned not to consider them in isolation or place undue reliance on ratios or percentages calculated using these non-IFRS financial measures.

    Non-GAAP financial measures
    Specific financial measure Use Composition Most directly comparable IFRS measure
    Financial data – Combined (all disclosed financial data) To assess the performance and the ability of a company to generate cash from its operations and investments in joint ventures and associates. Results from the combination of the financial information of Boralex Inc. under IFRS and the share of the financial information of the Interests.

    Interests in joint ventures and associates, Share in earnings (losses) of joint ventures and associates and Distributions received from joint ventures and associates are then replaced with Boralex’s respective share in the financial statements of the Interests (revenues, expenses, assets, liabilities, etc.).

    		 Respective financial data –Consolidated
    Discretionary cash flows To assess the cash generated from operations and the amount available for future development or to be paid as dividends to common shareholders while preserving the long-term value of the business. Net cash flows related to operating activities before “change in non-cash items related to operating activities,” less:

    (i) distributions paid to non-controlling shareholders;
    (ii) additions to property, plant and equipment (maintenance of operations);
    (iii) repayments on non-current debt (projects) and repayments to tax equity investors;
    (iv) principal payments related to lease liabilities;
    (v) adjustments for non-operational items; plus
    (vi) development costs (from the statement of earnings).

    		 Net cash flows related to operating activities
    Non-GAAP financial measures – Non-GAAP ratios
    Specific financial measure Use Composition
    Discretionary cash flows per share To assess the amount per share available for future development or to be paid as dividends to common shareholders while preserving the long-term value of the business as well as to assess operating results.

    Financial objective 2030

    		 The discretionary cash flows amount divided by the weighted average number of basic outstanding shares.
    Payout ratio To assess ability to sustain current dividends as well as ability to fund its future development.

    Main business indicator 2030

    		 The amount of dividends paid to shareholders divided by the discretionary cash flows amount.
    Other financial measures – Total of segment measures
    Specific financial measure Most directly comparable IFRS measure
    EBITDA(A) Operating income
    Other financial measures – Total of segment measures
    Specific financial measure Most directly comparable IFRS measure
    Compound annual growth rate (CAGR) The CAGR is a growth rate indicating the annual variation as if the growth had been constant throughout the period for a period of more than one fiscal year.
    Net Cash flows related to operating activities per share

    Financial objective 2030    		 The amount of cash flows from operating activities is divided by the weighted average number of basic outstanding shares.
    Total planned investments

    Main business indicator 2030

    		 Total planned investments represent the sums that will need to be invested to complete the projects up to commissioning.
    Internal rate of return (IRR)

    Main business indicator 2030

    		 The IRR is a profitability indicator that measures the average annual return of an investment, taking into account levered cash flows.


    Assumptions regarding forward-looking information

    Assumptions and risk factors regarding the forward-looking information in our 2030 strategic targets are presented below.

    Assumptions regarding forward-looking information
    Forward-looking information Key assumptions Most relevant risk factors
    2030 Installed capacity Results solely from the contribution of organic projects, excluding the impact of potential merger and acquisition transactions. Lag in commissioning time if obtaining the required permits is more complicated and takes longer than expected and if the Corporation encounters issues related to the availability of materials.
    Weighted average residual duration of contracts 2030 Growth of installed capacity according to the strategic plan and obtaining targeted contracts for new projects that will be commissioned. Delay in the commissioning of organic projects and contractual conditions different from those initially planned.
    Projects under construction Investments, EBITDA(A) and forecasted discretionary cash flows to meet the target IRR of 10% to 12% set by management for projects under construction. Possible variation in construction costs related to the complexity of work, the supply of materials and equipment and availability of labour necessary for the construction of projects.
    2030 Operating Result and EBITDA(A) 2030 Prices of energy sales or feed-in premium contracts, proportion of production sold at market prices, annual anticipated production, cost structures to support growth. Competition in requests for proposals, lag in commissioning time for organic projects and completion of merger and acquisition transactions, price curve volatility and weather conditions impacting the total volume of power generated by the Corporation.
    Cash flow per share 2030 Largely related to the expected EBITDA(A), and to project financing ranging from 70% to 80% of the total planned investment and the number of shares outstanding. Possible fluctuations related to deviations in the expected EBITDA(A) target and market conditions for financing and issuing new equity instruments


    Disclaimer regarding forward-looking statements

    Certain statements contained in this release, including those related to results and performance for future periods, installed capacity targets, EBITDA(A) and discretionary cash flows, the Corporation’s strategic plan, business model and growth strategy, organic growth and growth through mergers and acquisitions, obtaining an investment grade credit rating, payment of a quarterly dividend, the Corporation’s financial targets, the projects commissioning dates, the portfolio of renewable energy projects, the Corporation’s Growth Path, the bids for new storage and solar projects and its Corporate Social Responsibility (CSR) objectives are forward-looking statements based on current forecasts, as defined by securities legislation. Positive or negative verbs such as “will,” “would,” “forecast,” “anticipate,” “expect,” “plan,” “project,” “continue,” “intend,” “assess,” “estimate” or “believe,” or expressions such as “toward,” “about,” “approximately,” “to be of the opinion,” “potential” or similar words or the negative thereof or other comparable terminology, are used to identify such statements.

    Forward-looking statements are based on major assumptions, including those about the Corporation’s return on its projects, as projected by management with respect to wind and other factors, opportunities that may be available in the various sectors targeted for growth or diversification, assumptions made about EBITDA(A) margins, assumptions made about the sector realities and general economic conditions, competition, exchange rates as well as the availability of funding and partners. While the Corporation considers these factors and assumptions to be reasonable, based on the information currently available to the Corporation, they may prove to be inaccurate.

    Boralex wishes to clarify that, by their very nature, forward-looking statements involve risks and uncertainties, and that its results, or the measures it adopts, could be significantly different from those indicated or underlying those statements, or could affect the degree to which a given forward-looking statement is achieved. The main factors that may result in any significant discrepancy between the Corporation’s actual results and the forward-looking financial information or expectations expressed in forward-looking statements include the general impact of economic conditions, fluctuations in various currencies, fluctuations in energy prices, the risk of not renewing PPAs or being unable to sign new corporate PPA, the risk of not being able to capture the US or Canadian investment tax credit, counterparty risk, the Corporation’s financing capacity, cybersecurity risks, competition, changes in general market conditions, industry regulations and amendments thereto, particularly the legislation, regulations and emergency measures that could be implemented for time to time to address high energy prices in Europe, litigation and other regulatory issues related to projects in operation or under development, as well as certain other factors considered in the sections dealing with risk factors and uncertainties appearing in Boralex’s MD&A for the fiscal year ended December 31, 2024.

    Unless otherwise specified by the Corporation, forward-looking statements do not take into account the effect that transactions, non-recurring items or other exceptional items announced or occurring after such statements have been made may have on the Corporation’s activities. There is no guarantee that the results, performance or accomplishments, as expressed or implied in the forward-looking statements, will materialize. Readers are therefore urged not to rely unduly on these forward-looking statements.

    Unless required by applicable securities legislation, Boralex’s management assumes no obligation to update or revise forward- looking statements in light of new information, future events or other changes.

    For more information

    Source: Boralex inc.        

    1 The weighted average remaining duration also includes non-activated contracts for newly commissioned sites.
    2 Installed capacity reflects 100% of Boralex’s subsidiaries in which Boralex is the controlling shareholder. It also reflects Boralex’s share in entities over which it does not have control, and which are accounted for using the equity method.
    3 For more information on the key assumptions and risk factors related to the targets of the 2030 strategic plan, refer to the section Non-IFRS financial measures and other financial measures of this press release.
    4 The compound annual growth rate, cash flows from operating activities per share, total planned investments, and internal rate of return are additional financial measures. The Combined is a non-GAAP financial measure and does not have a standardized definition under IFRS. Therefore, this measure may not be comparable to similar measures used by other companies. Discretionary cash flows per share and the payout ratio are non-GAAP ratios and do not have a standardized definition under IFRS. EBITDA(A) is a total of sector measures. In 2024, net cash flows from operating activities amounted to $411 million, after adjusting to exclude the change in accounts payable related to the inframarginal rent contribution, representing an amount of $196 million. This adjustment primarily reflects a payment made during the third quarter of the fiscal year. The inframarginal rent contribution is no longer applicable in 2025. For more details, refer to the section Non-GAAP Financial Measures and Other Financial Measures in this press release.

    The MIL Network –

  • MIL-OSI: Fengate Asset Management and Tilbury Properties achieve financial close on new student residence in Ontario

    Source: GlobeNewswire (MIL-OSI)

    SARNIA, Ontario, June 17, 2025 (GLOBE NEWSWIRE) — Fengate Asset Management (Fengate), in partnership with Tilbury Properties (Tilbury), today announced financial close on a new student residence at Lambton College in Sarnia. The residence will provide much-needed accommodation to 311 college students when it opens in September 2027.

    Fengate and Tilbury were selected to design, construct, finance, operate, and maintain the new on-campus residence following a competitive procurement process. Fengate is managing the investment on behalf of the Fengate Infrastructure Yield Fund and its affiliated entities, including an investment by LiUNA’s Pension Fund of Central and Eastern Canada.

    Located in the heart of Lambton County, Lambton College is a globally recognized leader in education, innovation, and applied research. As the sole post-secondary institution in the region, the College plays a vital role in the community, driving economic development and diversification, propelling social and environmental innovation, and providing quality education to domestic and international students to ensure a thriving skilled workforce.

    “Fengate looks forward to bringing its deep institutional project experience to this new campus residence to provide modern, sustainable accommodation opportunities to Lambton College students in 2027,” said Mac Bell, Managing Director, Infrastructure Investments at Fengate.

    Fengate delivered and is operating the Emily Carr University of Art + Design in British Columbia (B.C.) – the only specialized post-secondary institution in B.C. In 2023, the firm also completed a public-private partnership bundle of six schools in Prince George’s County, Maryland, to provide state-of-the-art schools and 8,000 new desks for K-8 and middle school students.

    “Tilbury is proud to partner with Lambton College on this exciting new student residence,” said Michael Kaye, Founding Partner at Tilbury. “This thoughtfully designed project will modernize the College’s on-campus housing and support the academic and personal success of students for decades to come.”

    Specializing in purpose-built student accommodation, Tilbury takes a collaborative, hands-on approach with its post-secondary partners. The company prides itself on tailoring each project to meet the unique needs of academic institutions, creating exceptional living and learning environments. In September 2025, Tilbury will open a 452-bed residence and dining hall at the University of Windsor, further demonstrating its leadership in on-campus housing development.

    The new campus residence at Lambton College will incorporate energy-efficient systems and sustainable building materials to minimize environmental footprint and will include landscaped green spaces to enhance the campus environment.

    Construction is scheduled to start later this month.

    About Fengate

    Fengate is a leading alternative investment manager focused on infrastructure, private equity and real estate strategies, with more than $10 billion of capital commitments under management. The firm has been investing in infrastructure since 2006 with a focus on mid-market greenfield and brownfield infrastructure assets in the transportation, social, energy transition and digital sectors. Fengate is one of North America’s most active infrastructure investors and developers with a portfolio of more than 50 assets. Learn more at www.fengate.com.

    About Tilbury

    Tilbury Properties is a Canadian real estate development firm focused on purpose-built student housing. Founded in 2020, the company has over 1,000 student beds in various stages of development, making it one of the leading developers in Canada’s student housing sector. Learn more at www.tilburyprop.com.

    Media Contact

    Maddison Sharples
    Vice President, Communications and Marketing
    Fengate Asset Management
    +1 416-254-3326
    Maddison.Sharples@fengate.com

    The MIL Network –

  • MIL-OSI: Fengate Asset Management and Tilbury Properties achieve financial close on new student residence in Ontario

    Source: GlobeNewswire (MIL-OSI)

    SARNIA, Ontario, June 17, 2025 (GLOBE NEWSWIRE) — Fengate Asset Management (Fengate), in partnership with Tilbury Properties (Tilbury), today announced financial close on a new student residence at Lambton College in Sarnia. The residence will provide much-needed accommodation to 311 college students when it opens in September 2027.

    Fengate and Tilbury were selected to design, construct, finance, operate, and maintain the new on-campus residence following a competitive procurement process. Fengate is managing the investment on behalf of the Fengate Infrastructure Yield Fund and its affiliated entities, including an investment by LiUNA’s Pension Fund of Central and Eastern Canada.

    Located in the heart of Lambton County, Lambton College is a globally recognized leader in education, innovation, and applied research. As the sole post-secondary institution in the region, the College plays a vital role in the community, driving economic development and diversification, propelling social and environmental innovation, and providing quality education to domestic and international students to ensure a thriving skilled workforce.

    “Fengate looks forward to bringing its deep institutional project experience to this new campus residence to provide modern, sustainable accommodation opportunities to Lambton College students in 2027,” said Mac Bell, Managing Director, Infrastructure Investments at Fengate.

    Fengate delivered and is operating the Emily Carr University of Art + Design in British Columbia (B.C.) – the only specialized post-secondary institution in B.C. In 2023, the firm also completed a public-private partnership bundle of six schools in Prince George’s County, Maryland, to provide state-of-the-art schools and 8,000 new desks for K-8 and middle school students.

    “Tilbury is proud to partner with Lambton College on this exciting new student residence,” said Michael Kaye, Founding Partner at Tilbury. “This thoughtfully designed project will modernize the College’s on-campus housing and support the academic and personal success of students for decades to come.”

    Specializing in purpose-built student accommodation, Tilbury takes a collaborative, hands-on approach with its post-secondary partners. The company prides itself on tailoring each project to meet the unique needs of academic institutions, creating exceptional living and learning environments. In September 2025, Tilbury will open a 452-bed residence and dining hall at the University of Windsor, further demonstrating its leadership in on-campus housing development.

    The new campus residence at Lambton College will incorporate energy-efficient systems and sustainable building materials to minimize environmental footprint and will include landscaped green spaces to enhance the campus environment.

    Construction is scheduled to start later this month.

    About Fengate

    Fengate is a leading alternative investment manager focused on infrastructure, private equity and real estate strategies, with more than $10 billion of capital commitments under management. The firm has been investing in infrastructure since 2006 with a focus on mid-market greenfield and brownfield infrastructure assets in the transportation, social, energy transition and digital sectors. Fengate is one of North America’s most active infrastructure investors and developers with a portfolio of more than 50 assets. Learn more at www.fengate.com.

    About Tilbury

    Tilbury Properties is a Canadian real estate development firm focused on purpose-built student housing. Founded in 2020, the company has over 1,000 student beds in various stages of development, making it one of the leading developers in Canada’s student housing sector. Learn more at www.tilburyprop.com.

    Media Contact

    Maddison Sharples
    Vice President, Communications and Marketing
    Fengate Asset Management
    +1 416-254-3326
    Maddison.Sharples@fengate.com

    The MIL Network –

  • MIL-OSI: Richtech Robotics’ AI-Driven Robot ADAM Surpasses 16,000 Drinks Served at Flagship Las Vegas Location

    Source: GlobeNewswire (MIL-OSI)

    Company’s AI-powered robot, ADAM, continues to revolutionize beverage service and free its human counterparts to engage with customers

    LAS VEGAS, June 17, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-powered service robotics, announced today that its cutting-edge robot, ADAM, has officially served over 16,000 drinks at Clouffee & Tea in Town Square, Las Vegas.

    Opened on February 9, 2025, Clouffee & Tea is the Company’s flagship food and beverage concept, showcasing ADAM’s capabilities in a real-world retail setting. The café features a diverse menu of milk teas, coffees, and desserts—all prepared and served with precision and consistency by ADAM.

    Powered by advanced AI and driven by NVIDIA technology, ADAM is designed to engage customers, suggest beverages based on preferences, and execute complex recipes with both speed and accuracy. With two robotic arms operating in seamless coordination, ADAM can deliver a high-quality experience that’s both efficient and entertaining.

    At the core of ADAM’s high-performance service is its proprietary vision-AI system, which monitors each cup in real time and precisely adjusts pour angle, flow rate, and timing to ensure milliliter-level accuracy with every drink. This advanced, closed-loop “perception-to-action” control system not only enables ADAM to deliver premium beverages—it also represents the foundation for a much broader vision. Designed as a versatile robotic coworker, ADAM is built to scale far beyond beverage service, with potential applications across retail, laboratories, and other commercial environments.

    “Surpassing 16,000 drinks served is more than just a milestone—it’s a compelling validation of ADAM’s real-world performance and commercial viability,” said Matt Casella, President of Richtech Robotics. “ADAM combines precision engineering with adaptive AI to deliver a faster, smarter, and more engaging customer experience. This kind of scalable, revenue-generating automation not only transforms service models in food and beverage—it also underscores the broader value proposition for our partners and investors as we expand ADAM’s applications across multiple industries.”

    Richtech Robotics has deployed over 400 robotic solutions across a wide range of industries, including hospitality, retail, healthcare, manufacturing, and entertainment. Its clients include industry leaders such as the Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and many more.

    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 (Twitter), 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 precision, quality and consistency of the performance of the ADAM robot and the scalability and commercial viability of the ADAM robot.

    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 the performance of ADAM and the success of Clouffee & Tea, 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, 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’ AI-Driven Robot ADAM Surpasses 16,000 Drinks Served at Flagship Las Vegas Location

    Source: GlobeNewswire (MIL-OSI)

    Company’s AI-powered robot, ADAM, continues to revolutionize beverage service and free its human counterparts to engage with customers

    LAS VEGAS, June 17, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-powered service robotics, announced today that its cutting-edge robot, ADAM, has officially served over 16,000 drinks at Clouffee & Tea in Town Square, Las Vegas.

    Opened on February 9, 2025, Clouffee & Tea is the Company’s flagship food and beverage concept, showcasing ADAM’s capabilities in a real-world retail setting. The café features a diverse menu of milk teas, coffees, and desserts—all prepared and served with precision and consistency by ADAM.

    Powered by advanced AI and driven by NVIDIA technology, ADAM is designed to engage customers, suggest beverages based on preferences, and execute complex recipes with both speed and accuracy. With two robotic arms operating in seamless coordination, ADAM can deliver a high-quality experience that’s both efficient and entertaining.

    At the core of ADAM’s high-performance service is its proprietary vision-AI system, which monitors each cup in real time and precisely adjusts pour angle, flow rate, and timing to ensure milliliter-level accuracy with every drink. This advanced, closed-loop “perception-to-action” control system not only enables ADAM to deliver premium beverages—it also represents the foundation for a much broader vision. Designed as a versatile robotic coworker, ADAM is built to scale far beyond beverage service, with potential applications across retail, laboratories, and other commercial environments.

    “Surpassing 16,000 drinks served is more than just a milestone—it’s a compelling validation of ADAM’s real-world performance and commercial viability,” said Matt Casella, President of Richtech Robotics. “ADAM combines precision engineering with adaptive AI to deliver a faster, smarter, and more engaging customer experience. This kind of scalable, revenue-generating automation not only transforms service models in food and beverage—it also underscores the broader value proposition for our partners and investors as we expand ADAM’s applications across multiple industries.”

    Richtech Robotics has deployed over 400 robotic solutions across a wide range of industries, including hospitality, retail, healthcare, manufacturing, and entertainment. Its clients include industry leaders such as the Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and many more.

    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 (Twitter), 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 precision, quality and consistency of the performance of the ADAM robot and the scalability and commercial viability of the ADAM robot.

    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 the performance of ADAM and the success of Clouffee & Tea, 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, 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: XWELL Named Official Wellness Spa of the Orlando Magic

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) — XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), a leading provider of wellness solutions for people on the go, today announced it has been named the Official Wellness Spa of the Orlando Magic as part of a new multiyear partnership. The partnership reflects a significant milestone in XWELL’s strategic expansion beyond airports and into high-growth local markets – beginning with Florida.

    “This partnership with the Orlando Magic represents a powerful opportunity to introduce our wellness offerings to a broader community,” said XWELL CEO Ezra Ernst. “Florida is a priority growth market for us, and we’re proud to partner with an organization that shares our dedication to physical and mental well-being. Together, we’ll help make wellness more accessible and top-of-mind for fans throughout the region.” 

    Building on its strong foundation in Orlando —where XWELL has long served wellness-minded travelers at its Xpres Spa in Orlando International Airport—this new collaboration allows XWELL to extend its reach into the broader community. It underscores the company’s expanding mission to liberate wellness beyond travel hubs and into daily life.

    Through this partnership, XWELL will receive significant brand integration across the Magic’s digital and in-arena platforms, including LED signage during home games, sponsored sweepstakes, radio promotions, website and app placement, and exclusive activations at Magic Fan Fest events outside the Kia Center. The agreement also includes on-court contests, consumer giveaways, and a co-branded wellness event at a local XWELL spa location featuring appearances by Magic alumni, the Magic entertainment teams, and fan-favorite mascot STUFF.

    “The Orlando Magic are thrilled to partner with XWELL, a brand continuing to grow in Central Florida,” said Magic Sr. Vice President of Global Partnerships J.T. McWalters. “As two organizations that place an emphasis on legendary customer service, this partnership is a natural fit. We can’t wait to share with our fans all that XWELL has to offer the Central Florida community.”

    The partnership plays a key role in supporting XWELL’s business goals in Florida, where the company is focused on expanding its medspa footprint as well as building brand awareness and lasting connections with local consumers. Through high-visibility brand activations and community engagement, XWELL aims to strengthen customer acquisition and solidify its role as a leading wellness provider in the state – inside and outside the airport.

    For Magic fans and the broader Orlando community, XWELL’s presence at Kia Center and in the local area reflects the shared commitment of both brands to the health and well-being of its fans, players, and staff. With a growing number of wellness spas and services available to Magic fans across Florida, XWELL is poised to help bring the same mindset of care, recovery, and resilience off the court and into everyday life.

    XWELL and the Orlando Magic will launch their first co-branded campaign and sweepstakes this season, offering fans exclusive discounts, chances to win a year of spa treatments, and additional unique opportunities to come.

    To learn more about XWELL’s services and locations, visit www.XWELL.com.

    About XWELL, Inc.
    XWELL, Inc. (Nasdaq: XWEL) is a global wellness holding company that operates a portfolio of brands dedicated to health, beauty, and self-care, including Xpres Spa®, Naples Wax Center®, XpresCheck®, and HyperPointe™. With locations in airports and metropolitan areas across the country, XWELL is redefining the modern wellness experience through innovation, personalization, and accessibility.

    About the Orlando Magic
    Orlando’s NBA franchise since 1989, the Magic’s mission is to be world champions on and off the court, delivering legendary moments every step of the way. Under the DeVos family’s ownership, the Magic have seen great success in a relatively short history, winning eight division championships (1995, 1996, 2008, 2009, 2010, 2019, 2024, 2025) with seven 50-plus win seasons and capturing the Eastern Conference title in 1995 and 2009. Off the court, on an annual basis, the Orlando Magic gives more than $2 million to the local community by way of sponsorships of events, donated tickets, autographed merchandise and grants. Orlando Magic community relations programs impact an estimated 100,000 kids each year, while a Magic staff-wide initiative provides more than 7,000 volunteer hours annually. In addition, the Orlando Magic Youth Foundation (OMYF) which serves at-risk youth, has distributed more than $30 million to local nonprofit community organizations over the last 35 years. The Magic’s other entities include the team’s NBA G League affiliate, the Osceola Magic, 2021 G League champions, and the Orlando Solar Bears of the ECHL, which serves as the affiliate to the NHL’s Tampa Bay Lightning. The Magic play their home games at the award-winning Kia Center – voted by fans no. 1 in the NBA for game experience; honored with TheStadiumBusiness Awards’ Customer Experience Award; named SportsBusiness Journal’s Sports Facility of the Year; and awarded the Venue Excellence Award (VEA) by the International Association of Venue Managers. The Magic practice at the award-winning AdventHealth Training Center. The Magic was also recognized by the Sports Business Journal as one of the “Best Places to Work” in sports in 2023 and 2024. For ticket information, visit OrlandoMagic.com or call 407-89-MAGIC.

    Forward-Looking Statements
    This press release may contain “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” or the negative of such terms, or other comparable terminology. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: the anticipated use of proceeds from the private placement. Forward-looking statements relating to expectations about future results or events are based upon information available to XWELL as of the date of this press release, and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in the Company’s Annual Report on Form 10-K, as amended, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other Securities and Exchange Commission filings. All subsequent written and oral forward-looking statements concerning XWELL, or other matters and attributable to XWELL or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. XWELL does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/314d6ece-0fb7-460a-8413-bd3ffe40667d

    The MIL Network –

  • MIL-OSI: Coralogix Surpasses $1B Valuation and Unveils Industry’s First AI Agent That Extends Observability Value Across the Enterprise

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, June 17, 2025 (GLOBE NEWSWIRE) — As part of its $115M funding round announced today, Coralogix, a leading full-stack observability platform provider, today introduced “Olly,” an AI agent designed to extend the value of observability across the enterprise. Olly enables anyone, from product managers to business leaders, to interact with observability data and get real-time, actionable answers.

    With its newest round of funding, the company surpasses a $1 billion valuation, driven by strong customer growth and increasing demand for scalable observability. The funding is fueling the global rollout and commercialization of Olly and will play a pivotal role in shaping the future of observability innovation.

    Observability is at a turning point. Traditionally used by engineers to troubleshoot systems, it’s now poised to become a strategic asset for the entire enterprise. Olly redefines what observability can be in the AI era, going beyond logs, metrics, and traces to deliver contextual answers, automate root cause analysis, and proactively surface opportunities and risks. By fusing advanced AI with deep telemetry data, Olly transforms observability from a reactive tool into an intelligent, always-on assistant that empowers teams across functions to drive faster, smarter decisions.

    Coralogix’s streaming architecture, which processes data in real time as it’s transmitted, enables the platform to deliver observability at scale, speed, and efficiency that legacy alternatives can’t match. This foundation, combined with Coralogix’s acquisition of AI observability and guardrails innovator Aporia, has established the company’s platform as the first to observe AI as a distinct stack. As enterprises rapidly deploy AI projects, Coralogix’s AI Center evaluates GenAI models and ensures they perform reliably, delivering accurate results while minimizing risks.

    Olly is an agentic AI system designed not just to surface alerts from all of the telemetry data that Coralogix observes, but to answer questions and guide action. Users can ask questions ranging from precise prompts like “What is wrong with the payment flow?” or “Why do some users struggle with logging in?” to more holistic questions like “Which service is frustrating our users the most?” Though easy to phrase, these prompts give users access to deep system-level understanding without requiring manual investigation or specialized knowledge.

    Olly’s key benefits include:

    • Efficient Telemetry Search and Reduced Mean Time to Repair (MTTR): Replacing the multi-step process of telemetry filtering and browsing, Olly offers a streamlined, prompt-driven interface to quickly identify the “why” behind system failures and all other actions taken in a company’s application or system.
    • Instant Root Cause Identification: By consolidating and interpreting logs, metrics, and traces, Olly saves engineers valuable time and eliminates the need for manual analysis.
    • Guided Recommendations: Rather than attempting to solve each problem directly, Olly focuses on fast, accurate error detection and diagnostics. It offers guidance and suggested fixes for common issues, giving teams the confidence to address problems while retaining full control over the resolution process.

    “Olly is more than just an observability tool; it’s an intelligent assistant that empowers employees to gain full access to all their data and make better decisions,” said Ariel Assaraf, CEO, Coralogix.

    “AI is not just part of the future; we believe it’s the foundation of it,” said Yoni Farin, co-founder and CTO of Coralogix. “That’s why we’ve made a bold, foundational change to embed AI into the core of our platform.”

    General availability is slated for early Q3 2025. To learn more, visit Olly.new or www.coralogix.com.

    About Coralogix
    Coralogix is a full-stack observability platform that enables businesses to monitor and manage data in real time, providing instant insights without the need for indexing. The platform supports Log Analytics, application performance monitoring (APM), security information and event management (SIEM), real user monitoring (RUM), and infrastructure monitoring, offering complete visibility into AI performance, security, and governance in a single solution. Coralogix offers a simple pricing model based on data volume, along with world-class support that ensures rapid response times and swift resolutions. To learn more, visit www.coralogix.com.

    PR Contact
    Mark Prindle
    Fusion PR
    mark.prindle@fusionpr.com

    The MIL Network –

  • MIL-OSI: Coralogix Raises $115M E Round at $1B+ Valuation to Advance AI-Powered Observability

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, June 17, 2025 (GLOBE NEWSWIRE) — Coralogix, a leading full-stack observability platform provider, today announced a $115 million Series E funding round. The round was led by NewView Capital, a California-based venture growth firm, with participation of the Canada Pension Plan Investment Board (CPPIB) and NextEquity, the venture firm founded by former Apple executives Avie Tevanian and Fred Anderson. The round brings Coralogix’s valuation to over $1 billion.

    All existing investors — including Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital Partners, O.G. Tech, Joule Capital Partners, and Maor Investments — also returned to support Coralogix’s continued growth and leadership in AI observability.

    Coralogix today announced its new AI agent Olly, the centerpiece of the company’s initiative to extend the value of observability across the enterprise. While traditional observability tools have helped DevOps teams diagnose and troubleshoot system behavior, Olly takes a fundamentally different, agentic approach – actively guiding users through questions, surfacing insights, and recommending next steps. By allowing both technical and non-technical users to access Observability insights, Olly transforms observability into an intelligent system that drives better, faster decisions across the business.

    The announcements follow the company’s December 2024 acquisition of Aporia, an AI observability and guardrails innovator; and the recent launch of Coralogix AI Center, the first AI observability platform that provides insights not only into performance, but also the quality, security and governance of its responses.

    “This funding round accelerates our momentum and helps us push the boundaries of AI-driven observability, enabling smarter decisions and faster innovation across the business,” said Ariel Assaraf, CEO and Co-founder of Coralogix.

    “As we expand our full-stack Observability & Security platform, this round will help us in accelerating the building of the Coralogix AI research center where engineers are already working on how data will be accessed and analyzed in the future,” said Yoni Farin, CTO and Co-founder of Coralogix.

    About Coralogix
    Coralogix is a full-stack observability platform that enables businesses to monitor and manage data in real time, providing instant insights without the need for indexing. The platform supports Log Analytics, application performance monitoring (APM), security information and event management (SIEM), real user monitoring (RUM), and infrastructure monitoring, offering complete visibility into AI performance, security, and governance in a single solution. Coralogix offers a simple pricing model based on data volume, along with world-class support that ensures rapid response times and swift resolutions. To learn more, visit www.coralogix.com.

    PR Contact
    Mark Prindle
    Fusion PR
    mark.prindle@fusionpr.com

    The MIL Network –

  • MIL-OSI: Tellus Power Globe Holding Limited, BinHendi Holding and Sing Family Enterprise Group Sign Joint Venture Agreement to Launch One of the First EV Charger Manufacturing Companies in Middle East with Support of UAE Ministry of Investment

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., June 17, 2025 (GLOBE NEWSWIRE) — Tellus Power Globe Holding Limited (“Tellus Power” or the “Company”), a global provider of electric vehicle (EV) charging solutions, today announced the official signing of a joint venture agreement with the renowned BinHendi Holding and SFE Group on May 30, 2025. This move responds to the surging growth of the electric vehicle (EV) market and the urgent need to accelerate e-mobility infrastructure development across the Middle East. This collaboration, supported by the UAE Ministry of Investment (the “Ministry of Investment”), marks the establishment of one of the first EV charging equipment manufacturing companies in the Middle East.

    The Ministry of Investment played a pivotal role in facilitating this greenfield investment, reiterating its commitment to attracting future-enabling investment into the UAE while also supporting and promoting the growth of family businesses in the UAE’s markets and strengthening the country’s position as a regional hub for advanced manufacturing and sustainable technologies – two priority sectors under the National Investment Strategy of UAE.

    The agreement was signed at the Ministry of Investment’s headquarters by Mike Calise, Chief Executive Officer of Tellus Power, and Marius Ciavola, Chief Executive officer of Sing Family Enterprise Middle East. The event was witnessed by Hessa Al Ghurair, Acting Assistant Undersecretary of the Ministry of Investment, Hamdan Zakaria Doleh, Chairman of China Innovation Centre in UAE, Yansong Li, Co-Founder of Tellus Power Group, and Mohammad BinHendi, Group CEO of BinHendi Holding.

    This collaboration aims to leverage Tellus Power’s global network in EV charging station technology and manufacturing, combined with the BinHendi Holding and SFE Group’s resources and conducive market conditions in the Middle East, to jointly develop future-oriented smart charging infrastructure and support the region’s sustainable energy transition.

    The joint venture is expected to invest in the construction of DC and AC charging equipment production lines, including high-power DC charging stations with V2G (vehicle-to-grid) functionality. The products are anticipated to not only serve the local market in UAE but also to expand to the entire Gulf Cooperation Council (“GCC”) countries and Middle East regions. As one of the first indigenous EV charging infrastructure manufacturers in the Middle East, the joint venture will be committed to providing local users with efficient, intelligent, reliable, and user-centric EV charging solutions.

    Mike Calise, Chief Executive Officer of Tellus Power, comments: “We’re truly honored to establish this strategic alliance. It’s a significant step that dramatically extends our global reach. Given the UAE’s impressive growth in clean tech and smart mobility, this joint venture, thanks to the vital support from all the incredible teams involved, ensures we are well positioned to meet the escalating demand across the GCC.”

    H.E. Mohammad Abdulrahman Alhawi, Undersecretary at the Ministry of Investment, said: “This agreement showcases the Ministry of Investment’s ongoing dedication to being a strategic partner for international investors, local investors, and family offices. It directly aligns with our mission to strengthen the UAE’s position in attracting future-focused investments that match our national priorities. By supporting partnerships like this, the Ministry of Investment continues to drive high-value investment into high-growth sectors, fostering innovation and sustainable economic prosperity.”

    Hamdan Zakaria Doleh, Chairman of China Innovation Centre in UAE, commented: “The Middle East is at a critical juncture in the green mobility transition. I believe this collaboration with MBH will enable Tellus Power Group to establish a stronger foothold in the Middle East and support the rapid growth of the EV ecosystem through technological innovation and localized operations. This marks a significant milestone in Tellus Power Group’s strategic expansion in the Middle East.”

    Mohammad BinHendi, Group CEO of BinHendi Holding, added: “For us, this is about building national capability – “Made in UAE” isn’t just a label, it’s a direction. We’re actively positioning the UAE as the regional manufacturing hub for next-generation EV infrastructure. Our vision extends beyond mobility, as we continue driving industrial manufacturing across multiple high-impact sectors. As a group committed to ‘Adding Value’, BinHendi Holding believes in adding value to everything we touch. How? We keep things consistent in what we do – and we keep it simple.”

    The joint venture plans to complete factory construction within the year and launch its first ‘Made in UAE’ products by the end of 2025.

    About Tellus Power

    Tellus Power Globe Holding Limited (“Tellus Power” or the “Company”) is a global manufacturer of electric vehicle chargers. The Company delivers ROI-driven charging infrastructure designed for long-term profitability and operational efficiency. Leveraging global expertise, Tellus Power delivers advanced and dependable EV charging infrastructure to support the widespread adoption of electric vehicles.

    Find out more at https://telluspowernorthamerica.com.

    Company Contact
    Caitlin McCann
    cmccann@telluspowergroup.com

    Media Contact
    Jessica Starman, MBA
    hello@telluspowergroup.com

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/7e12b3c9-5896-41cb-9839-80c0ad390709

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2c0aff52-1111-4304-9744-6fb338a36571

    The MIL Network –

  • MIL-OSI: Tellus Power Globe Holding Limited, BinHendi Holding and Sing Family Enterprise Group Sign Joint Venture Agreement to Launch One of the First EV Charger Manufacturing Companies in Middle East with Support of UAE Ministry of Investment

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., June 17, 2025 (GLOBE NEWSWIRE) — Tellus Power Globe Holding Limited (“Tellus Power” or the “Company”), a global provider of electric vehicle (EV) charging solutions, today announced the official signing of a joint venture agreement with the renowned BinHendi Holding and SFE Group on May 30, 2025. This move responds to the surging growth of the electric vehicle (EV) market and the urgent need to accelerate e-mobility infrastructure development across the Middle East. This collaboration, supported by the UAE Ministry of Investment (the “Ministry of Investment”), marks the establishment of one of the first EV charging equipment manufacturing companies in the Middle East.

    The Ministry of Investment played a pivotal role in facilitating this greenfield investment, reiterating its commitment to attracting future-enabling investment into the UAE while also supporting and promoting the growth of family businesses in the UAE’s markets and strengthening the country’s position as a regional hub for advanced manufacturing and sustainable technologies – two priority sectors under the National Investment Strategy of UAE.

    The agreement was signed at the Ministry of Investment’s headquarters by Mike Calise, Chief Executive Officer of Tellus Power, and Marius Ciavola, Chief Executive officer of Sing Family Enterprise Middle East. The event was witnessed by Hessa Al Ghurair, Acting Assistant Undersecretary of the Ministry of Investment, Hamdan Zakaria Doleh, Chairman of China Innovation Centre in UAE, Yansong Li, Co-Founder of Tellus Power Group, and Mohammad BinHendi, Group CEO of BinHendi Holding.

    This collaboration aims to leverage Tellus Power’s global network in EV charging station technology and manufacturing, combined with the BinHendi Holding and SFE Group’s resources and conducive market conditions in the Middle East, to jointly develop future-oriented smart charging infrastructure and support the region’s sustainable energy transition.

    The joint venture is expected to invest in the construction of DC and AC charging equipment production lines, including high-power DC charging stations with V2G (vehicle-to-grid) functionality. The products are anticipated to not only serve the local market in UAE but also to expand to the entire Gulf Cooperation Council (“GCC”) countries and Middle East regions. As one of the first indigenous EV charging infrastructure manufacturers in the Middle East, the joint venture will be committed to providing local users with efficient, intelligent, reliable, and user-centric EV charging solutions.

    Mike Calise, Chief Executive Officer of Tellus Power, comments: “We’re truly honored to establish this strategic alliance. It’s a significant step that dramatically extends our global reach. Given the UAE’s impressive growth in clean tech and smart mobility, this joint venture, thanks to the vital support from all the incredible teams involved, ensures we are well positioned to meet the escalating demand across the GCC.”

    H.E. Mohammad Abdulrahman Alhawi, Undersecretary at the Ministry of Investment, said: “This agreement showcases the Ministry of Investment’s ongoing dedication to being a strategic partner for international investors, local investors, and family offices. It directly aligns with our mission to strengthen the UAE’s position in attracting future-focused investments that match our national priorities. By supporting partnerships like this, the Ministry of Investment continues to drive high-value investment into high-growth sectors, fostering innovation and sustainable economic prosperity.”

    Hamdan Zakaria Doleh, Chairman of China Innovation Centre in UAE, commented: “The Middle East is at a critical juncture in the green mobility transition. I believe this collaboration with MBH will enable Tellus Power Group to establish a stronger foothold in the Middle East and support the rapid growth of the EV ecosystem through technological innovation and localized operations. This marks a significant milestone in Tellus Power Group’s strategic expansion in the Middle East.”

    Mohammad BinHendi, Group CEO of BinHendi Holding, added: “For us, this is about building national capability – “Made in UAE” isn’t just a label, it’s a direction. We’re actively positioning the UAE as the regional manufacturing hub for next-generation EV infrastructure. Our vision extends beyond mobility, as we continue driving industrial manufacturing across multiple high-impact sectors. As a group committed to ‘Adding Value’, BinHendi Holding believes in adding value to everything we touch. How? We keep things consistent in what we do – and we keep it simple.”

    The joint venture plans to complete factory construction within the year and launch its first ‘Made in UAE’ products by the end of 2025.

    About Tellus Power

    Tellus Power Globe Holding Limited (“Tellus Power” or the “Company”) is a global manufacturer of electric vehicle chargers. The Company delivers ROI-driven charging infrastructure designed for long-term profitability and operational efficiency. Leveraging global expertise, Tellus Power delivers advanced and dependable EV charging infrastructure to support the widespread adoption of electric vehicles.

    Find out more at https://telluspowernorthamerica.com.

    Company Contact
    Caitlin McCann
    cmccann@telluspowergroup.com

    Media Contact
    Jessica Starman, MBA
    hello@telluspowergroup.com

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/7e12b3c9-5896-41cb-9839-80c0ad390709

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2c0aff52-1111-4304-9744-6fb338a36571

    The MIL Network –

  • MIL-OSI USA: UConn to Host 57th North American Power Symposium (NAPS)

    Source: US State of Connecticut

    The University of Connecticut has been selected to host the 57th North American Power Symposium (NAPS), an annual conference mainly sponsored by the Institute of Electrical and Electronics Engineers (IEEE) and the National Science Foundation (NSF). The event will be held in October 2025 at Hartford Marriott Downtown, and for the first time will be co-organized with the Clean Energy Summit, an annual gathering organized by UConn’s Eversource Energy Center in partnership with Eversource Energy.

    The selection of UConn as the host institution was the result of a competitive proposal process in 2022, completed by Professor Zongjie Wang, associate director from the Eversource Energy Center, who will serve as the general chair for NAPS 2025. She will be joined by Professor Diego Cerrai, the interim director of the Eversource Energy Center, who will serve as co-chair.

    Zongjie Wang, associate director, Eversource Energy Center, will serve as the general chair for NAPS 2025 (UConn Photo)

    “NAPS has always been a student-centered conference, and for 2025 we are expanding that mission with new undergraduate-focused awards and international student engagement,” says Wang. “In past years, we have successfully supported many UConn undergraduate students to attend NAPS, where some have won Best Paper and Best Presentation awards.”

    Wang says she has seen, firsthand, how influential and valuable this platform is in shaping student careers.

    “Whether by building confidence, showcasing their research, or opening doors to internships and job offers in the energy sector, this conference provides great value for UConn and our students,” Wang adds. “As the general chair of NAPS 2025, I am committed to further expanding these opportunities by introducing additional undergraduate awards and building stronger academic/industry connections to attract a broader and more diverse pool of future power engineers.”

    Founded in 1969, NAPS is one of the longest-running power engineering conferences in North America, drawing students, faculty, and professionals from across the United States, Canada, and abroad. It serves as a launchpad for emerging scholars and a convening ground for frontier research in power systems, electric grid operations, renewable energy integration, and distribution-transmission coordination. The 2025 NAPS in Hartford will feature paper presentations, poster sessions, panel discussions, technical tutorials, and industry networking opportunities.

    NAPS 2025 will maintain its core academic focus on power systems research while creating stronger bridges to industry. UConn’s College of Engineering (CoE) enhances student experiences through new networking opportunities, career panels, and mentorship sessions involving local, regional, and national partners. The Clean Energy Summit component will showcase innovations in grid modernization, grid resilience, and workforce development, highlighting Connecticut’s leadership in energy policy and utility engagement.

    According to Emmanouil Anagnostou, executive director of UConn Tech Park, integrating the Clean Energy Summit with NAPs further establishes UConn’s key role as a leader in promoting energy conservation, utilization and research.

    “This combined event reflects UConn’s growing role as a regional hub for clean-energy research and workforce development through the Eversource Energy Center, which serves as a bridge between academic research and practical deployment across New England’s energy infrastructure,” Anagnostou says. “The summit will feature the third cohort of students participating in the Eversource-sponsored Clean Energy and Sustainability Innovation Program (CESIP). As part of this program, students research and design solutions centered around a UConn campus-focused initiative or to assist a Connecticut municipality reach their sustainable energy goals.”

    Further details—including speaker announcements, program schedule, and registration—will be posted at the official NAPS 2025 website: Summary – 57th North American Power Symposium 2025. Registration is now open.

    MIL OSI USA News –

  • MIL-OSI USA: Neag School Graduate Students Publish Third Issue of Education Research Journal

    Source: US State of Connecticut

    The UConn Neag School of Education’s academic journal has published its third issue, thanks to the hard work and dedication of a group of graduate students.

    “We are pleased to share the third issue of the Neag School of Education Journal,” reads a letter from the journal’s board members in the Spring 2025 issue. “We take pride in providing a supportive “testing ground” for graduate authors to refine their original work in collaboration with our graduate-led editorial board. Fundamentally, the Neag School of Education Journal is committed to the growth and development of emergent educational researchers across fields. After much hard work and dedication from our authors and editorial board, we are thrilled to unveil the culmination of their efforts – three pieces that showcase the excellence of our 2025 edition.”

    The Neag School of Education Journal is an editor-reviewed, open-access, annual journal. Founded and run by graduate students and published online through the Neag School, its primary purpose is to offer a platform for graduate students to share their research and knowledge with academic communities. It also hopes to broaden and deepen the literature of education as written and experienced by graduate students and early-career scholars. Ten graduate students from the Neag School make up the journal’s current board.

    The journal prizes pieces that seek to “improve education and social systems in order to facilitate increasingly effective, equitable, and socially just practices for educators and practitioners from a variety of fields, perspectives, and theoretical lenses as they serve their local communities.”

    The three articles accepted and published in the Spring 2025 issue are:

    In addition to providing graduate students and early-career scholars an opportunity to share their work more widely, the editors say the journal fosters collaboration among students and their colleagues. It also helps to demystify the publishing process and supports editors as they move toward publishing their own work in the field. Making the journal open access was also important, ensuring that its content could serve as an available source of information for current and future practitioners. Importantly, authors maintain their copyright and thus can work on their pieces after publication for future submission elsewhere – a feature aligned with the journal’s orientation toward building authors’ capacity and opportunities.

    The journal is accepting manuscripts for its fourth issue until June 30. Manuscripts must be one of the following four types: research articles, essays, literature reviews, or personal reflections. Of course, the manuscript must deal with a topic of interest to those in the field of education.

    “We have many fantastic and dedicated people to thank for the realization of our third issue,” the letter from the board says. “To Dr. Jennie Weiner, our advisor, thank you for your tireless dedication to this journal and to students. You model to us what a human-centered and compassionate review process can be and have taught us enduring lessons as reviewers and researchers. Another thank you to Dr. Jason Irizarry, our dean, who has enthusiastically supported the journal from its inception and made it clear that our work and voices matter. … Finally, thank you to the authors of the pieces featured in this issue and all who submitted work. It goes without saying that this would be impossible without your contributions. We are immensely proud to feature your work in this issue.”

    To learn more about the Neag School of Education Journal, visit education.uconn.edu/neag-journal.

    MIL OSI USA News –

  • Labour welfare schemes empower over 50 lakh unorganised workers: Govt

    Source: Government of India

    Source: Government of India (4)

    Over 50 lakh workers and their families have benefitted from welfare schemes implemented by the Union Ministry of Labour & Employment, which continues to deliver critical support to India’s unorganised workforce through the Directorate General of Labour Welfare (DGLW), particularly in the Beedi, Cine, and Mining sectors.

    The flagship Education Assistance Scheme for instance offers annual scholarships ranging from ₹1,000 to ₹25,000 to the children of eligible workers. Managed through the National Scholarship Portal (NSP), the scheme receives over one lakh applications annually, with benefits disbursed via Direct Benefit Transfer (DBT) for transparency and efficiency.

    The Ministry also provides vital healthcare support, including outpatient services and financial aid for critical illnesses such as cancer, heart disease, and kidney transplants. Assistance under the scheme ranges from ₹30,000 for minor surgeries to up to ₹7.5 lakh for cancer treatment, offering a safety net for low-income families.

    Though the Revised Integrated Housing Scheme (RIHS) was merged with the Pradhan Mantri Awas Yojana (PMAY) in 2016, the Ministry continued disbursing pending installments to eligible beneficiaries until March 31, 2024, fulfilling its commitment to dignified housing.

    The welfare schemes are implemented nationwide by the Labour Welfare Organisation (LWO), operating under DGLW, through a robust network of 18 Welfare Commissioners. These initiatives focus on social protection, healthcare, education assistance, and housing support, especially in remote and underserved areas, and reflect the government’s commitment to inclusive welfare under the vision of Sabka Saath, Sabka Vikas.

  • MIL-OSI Russia: Rosneft Improves Anti-Corrosion Technologies

    Translation. Region: Russian Federal

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

    Specialists from the Rosneft Scientific Institute in Izhevsk have developed and tested an innovative method for assessing the corrosion rate of oil well equipment. The economic effect of using the innovation will average 1.4 million rubles per well over 5 years.

    The essence of the new approach is to measure the corrosion rate using steel plates directly in the thermobaric conditions of wells. The process is carried out using special immersion probes, also developed by the institute’s specialists. Previously existing practices involve measuring the corrosion rate inside the cavity of ground infrastructure pipelines.

    The developed method allows for precise determination of the minimum effective dosages of corrosion inhibitors, ensuring the target level of well protection*, increasing the period of trouble-free operation, and avoiding costly operations of lifting and dismantling well equipment.

    The positive result of this work will reduce the overall costs of protecting the underground equipment of Udmurtneft named after V.I. Kudinov (the Company’s production asset). Work is currently underway to replicate the technology at other Rosneft facilities.

    * according to the Interstate Standard “Corrosion of Metals and Alloys” ISO 9224-2022, the rate of general corrosion of equipment should not exceed 0.1 mm/year.

    Department of Information and Advertising of PJSC NK Rosneft June 17, 2025

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

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Iran-Israel conflict: Foreign Secretary’s statement

    Source: United Kingdom – Executive Government & Departments 3

    Oral statement to Parliament

    Iran-Israel conflict: Foreign Secretary’s statement

    The Foreign Secretary made a statement to the House of Commons on 16 June 2025, updating on the Israel-Iran conflict.

    With permission, Mr Speaker, I will remind the House that the Foreign Office has been responding to 2 crises this past week.

    My Honourable Friend, Minister Falconer, will update on the Government’s extensive efforts to assist those who lost loved ones in Thursday’s devastating Air India plane crash.

    Just 9 days ago, I was in Delhi, strengthening our friendship. Our nations are mourning together. My thoughts are with all those suffering such terrible loss.

    With permission, Madam Deputy Speaker, I will now turn to the Middle East. Early last Friday morning, Israel launched extensive strikes across Iran. Targets including military sites, including the Iranian enrichment facility at Natanz, and key commanders and nuclear scientists.

    The last 72 hours has seen Iranian ballistic missile and drone strikes across Israel, killing at least 21 Israelis and injuring hundreds more. And Israeli strikes have continued, including on targets in Tehran, with the Iranian authorities reporting scores of civilian casualties. 

    Prime Minister Netanyahu has said his operations will “continue for as many days as it takes to remove the threat”. Supreme Leader Khameini has said Israel “must expect severe punishment”.

    Madam Deputy Speaker, in such crisis our first priority is of course the welfare of British nationals. On Friday, we swiftly stood up a crisis team in London and the region, and yesterday I announced that we now advise against all travel to Israel as well as our long-standing travel of not travelling to Iran.

    Madam Deputy Speaker, today I can update the House that we are asking all British nationals in Israel to register their presence with the FCDO, so that we can share important information on the situation and leaving the country.

    And I can announce today that we are further updating our Travel Advice to signpost border crossing points, and sending Rapid Deployment Teams to Egypt and Jordan to bolster our consular presence near the border with Israel, which has already been supporting British nationals on the ground.

    Israel and Iran have closed their airspace until further notice, and our ability therefore to provide support in Iran is extremely limited. British nationals in the region should closely monitor our Travel Advice for further updates.

    Madam Deputy Speaker, the situation remains fast-moving. We expect more strikes in the days to come. This is a moment of grave danger for the region.

    I want to be clear, the United Kingdom was not involved in the strikes against Iran. This is a military action conducted by Israel.

    It should come as no surprise that Israel considers the Iranian nuclear programme an existential threat. Khameini said in 2018 that Israel was a “cancerous tumour” that should be “removed and eradicated”.

    We have always supported Israeli security – that’s why Britain has sought to prevent Iran obtaining a nuclear weapon through extensive diplomacy. We agree with President Trump when he says negotiations are necessary and must lead to a deal.

    That has long been the view, Mr Speaker, of the so-called ‘E3’ – Britain, France and Germany – with whom we have worked so closely on this issue. The view of all of the G7 who have backed the efforts of President Trump’s envoy, Steve Witkoff. And for more than 2 decades, the cross-party view in this House.

    Lord Cameron of Chipping Norton and Lord Hague of Richmond led diplomatic efforts on the issue. Baroness May of Maidenhead and the former Right Honourable Member for Uxbridge did too, and this Government has continued to pursue negotiations, joining France and Germany in 5 rounds of talks with Iran this year alone.

    Ours is a hard-headed realist assessment of how best to tackle this grave threat. Fundamentally, no military action can put and end to Iran’s nuclear capabilities.

    Madam Deputy Speaker, just last week, the International Atomic Energy Agency Board of Governors passed a non-compliance resolution against Iran, the first such IAEA finding in 14 years.

    The Director-General’s Comprehensive Report details Iran’s failure to declare nuclear materials. Iran remains the only state without nuclear weapons accumulating uranium at such dangerously high levels. Its total enriched stockpile is now 40 times the limit in the JCPoA, and their nuclear programme is part of a wider pattern of destabilising activity.

    The Government has taken firm action in response. When they transferred ballistic missiles for use in Russia’s illegal war in Ukraine, we imposed extensive sanctions including against Iran Air, and cancelled our bilateral air services agreement.

    In the face of unacceptable IRGC threats here in the UK – with some 20 foiled plots since 2022 – the CPS has for the first time charged Iranian nationals under the National Security Act, and we have placed the Iranian state, including the IRGC, on the enhanced tier of the new Foreign Influence Registration Scheme.

    Madam Deputy Speaker, a widening war would have grave and unpredictable consequences, including for our partners in Jordan and the Gulf. The horrors of Gaza worsening, tensions in Lebanon, Syria and Iraq rising, the Houthi threat continuing.

    That’s why the Government’s firm view, as it was last October in the ballistic missile attack on Israel, is that further escalation in the Middle East is not in Britain’s interests, nor the interests of Israel, Iran or the region.

    There are hundreds of thousands of British nationals living in the region. And with Iran a major oil producer, and one fifth of total world oil consumption flowing through the Straits of Hormuz, escalating conflict poses real risks for the global economy.

    As missiles rain down, Israel has a right to defend itself and its citizens. But our priority now is de-escalation.

    Our message to both Israel and Iran is clear. Step back. Show restraint. Don’t get pulled ever deeper into a catastrophic conflict, whose consequences nobody can control.

    Madam Deputy Speaker, the Prime Minister chaired COBR on the situation last Friday and spoke to PM Netanyahu, President Trump and Saudi Crown Prince Mohammed bin Salman. He is now at the G7 Summit in Canada, discussing with our closest allies how to ease tensions.

    And the Government has deployed additional assets to the region, including jets for contingency support to UK forces and potentially our regional allies concerned about the escalating conflict.

    In the last 72 hours, my Honourable Friend the Minister for the Middle East and I have been flat out trying to carve out space for diplomacy. I have spoken to both Israeli Foreign Minister Sa’ar and Iranian Foreign Minister Araghchi, underlining Britain’s focus on de-escalation.

    I have also met Saudi Foreign Minister Prince Faisal. I’ve had calls with US Secretary Rubio, EU High Representative Kallas and my counterparts from France and Germany, the United Arab Emirates, Qatar, Oman, Jordan, Turkey and Iraq. These conversations are part of a collective drive to prevent a spiralling conflict.

    Madam Deputy Speaker, this new crisis has arisen as the appalling situation in Gaza continues. This weekend, hospitals in Gaza reported over 50 people were killed and more than 500 injured while trying to access food.

    This Government will not take our eye off the humanitarian catastrophe in Gaza. We will not stop calling for aid restrictions to be lifted and an immediate ceasefire. We will not forget about the hostages.

    This morning, I met Yocheved Lifschitz and her family, whose courage and dignity in the face of Hamas’ barbarism was a reminder of the plight of those still cruelly held in Gaza. We will not stop striving to free the hostages and end that war.

    Madam Deputy Speaker, our vision remains unchanged. An end to Iran’s nuclear programme and destabilising regional activity. Israel, secure in its borders and at peace with its neighbours. A sovereign Palestinian state, as part of the two-state solution.

    Diplomacy is indispensable to each of these goals. Britain will keep pressing all sides to choose a diplomatic path out of this crisis.

    I commend this statement to the House.

    Updates to this page

    Published 16 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: “Telling the Story of the Arctic”: New Photo Exhibition at HSE

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The opening of the exhibition “Khatanga. Heritage” took place in the atrium of the HSE building on Pokrovsky Boulevard, organized with the support of the Russian Geographical Society (RGS). As part of the educational project, photo materials with interactive excursions are presented, as well as a series of videos and a podcast, drawing attention to the cultural and environmental aspects of the region.

    The project became a logical continuation of a large-scale environmental campaign “Arctic. General cleaning”, during which work was carried out over two years to clean the banks of the village of Khatanga in the Krasnoyarsk Territory from accumulated metal waste. Volunteers from different parts of Russia took part in the expeditions, they carried out research, media and environmental activities. In three shifts, volunteers managed to remove more than 700 tons of industrial waste, which significantly improved the ecological situation in the area and made it possible to create an extensive archive of photo and video materials.

    As Andrey Lavrov, Senior Director of the National Research University Higher School of Economics, noted, the Russian Geographical Society has been a partner of the Higher School of Economics since 2022. He recalled that Faculty of Geography and Geoinformation Technologies HSE actively cooperates with the Russian Geographical Society, and the university students work a lot on Arctic topics, including within the framework of the project “Rediscovering Russia”. “It was important for us to tell the story of the Arctic, a strategically important territory for Russia, through such an exhibition,” said Andrei Lavrov.

    Russia is a huge country, it is almost impossible to see everything in it, says Professor Fuad Aleskerov, head of Department of Mathematics FEN HSE. “Such exhibitions give an understanding of where and what we have in our homeland. In addition, the photographs describe what our volunteers saw when they came to the Arctic to clean up trash. I myself participate in environmental projects, and support them financially. In this case, we need working hands, and if I were a student now, of course, I would go too,” he emphasized.

    Dmitry Kobets, a representative of the Russian Geographical Society and a visiting lecturer at the HSE Department of Mathematics, did not know in his student years that one could spend one’s vacation on an expedition and benefit entire regions. He believes that it is important to tell students about this opportunity by organizing such exhibitions.

    “I thought that an expedition was a matter for big scientists, but it turns out that it is not. The Russian Geographical Society (and not only it) provides an opportunity for young specialists who have just started their journey to go on an expedition. And there is no need to do complex scientific work. Maybe you just want to relax and change the intellectual vector of activity that prevailed from September to June. And after the expedition, you also create a good community,” added Dmitry Kobets.

    In total, four thematic virtual tours were prepared for the exhibition.

    1. “Khatanga. Three suns for luck”, which takes you into the world of creativity, where each photographic work carries its own unique emotion and story.

    2. “The cold raised me”, dedicated to the harsh Arctic region, which is currently home to less than 6,000 people: the history of Khatanga, its people, and its natural conditions.

    3. “Khatanga – this is us”, which tells about the members of the expedition: young photographers, scientists, journalists, athletes and managers.

    4. “A snowflake won’t melt” — a quiz journey for the exhibition’s youngest spectators.

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

    MIL OSI Russia News –

  • MIL-OSI: Draganfly’s Commander 3XL Integrated with TB2 Aerospace’s DROPS System Achieves 100% Success Rate During U.S. Army’s SMEX25 Operational Trials

    Source: GlobeNewswire (MIL-OSI)

    In alignment with the Presidential Executive Order “Unleashing American Drone Dominance”

    Golden, CO, June 17, 2025 (GLOBE NEWSWIRE) — TB2 Aerospace LLC, in collaboration with Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, (NASDAQ: DPRO), is proud to announce the successful deployment and performance of the Drone Recharging Operational Payload System (DROPS) during the U.S. Army’s Sustainment Modernization Experiment 2025 (SMEX25).

    Throughout SMEX25’s week-long field exercises, the DROPS system, integrated with Draganfly’s Commander 3XL, achieved a 100% success rate in autonomously deploying, recovering, and recharging TB2’s tactical resupply pods. The event provided an opportunity to validate real-world operational performance in austere and high-demand scenarios, drawing praise from defence evaluators and technology observers alike.

    “The successful deployment of DROPS at SMEX25 underscores our commitment to advancing autonomous logistics solutions,” said Hank Scott, CEO of TB2 Aerospace. “Our system’s performance in a live operational environment validates its potential to revolutionize military tactical resupply and contested logistics.”

    He added, “The successful integration of the Commander 3XL and DROPS in support of the U.S. Army’s mission is a great example of the advantage we strive to bring to our partners and their stakeholders.”

    Key Capabilities Demonstrated:

    • Autonomous Payload Operations: The Commander 3XL, enabled with DROPS, autonomously captured, transported, and delivered payloads without any manual intervention, streamlining tactical resupply and significantly reducing the need for human logistics support in the field.
    • Platform Agnosticism: DROPS functioned seamlessly across various platforms, confirming its plug-and-play versatility, with special emphasis on its integration with Draganfly’s Commander 3XL platform. The Draganfly 3XL is now ‘DROPS Enabled’, whilst the smaller Draganfly Apex and the larger Heavy Lift are in the process of becoming DROPS Enabled.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.

    Media Contact

    media@draganfly.com

    Company Contact
    Cameron Chell
    Chief Executive Officer
    (306) 955-9907
    Email: info@draganfly.com

    About TB2 Aerospace

    Founded in 2020, TB2 Aerospace is a U.S.-based defence technology innovator developing autonomous logistics and tactical payload systems. The company’s flagship solution, DROPS, is a modular, reconfigurable payload delivery system designed to extend and enhance the operational capabilities of unmanned systems in defense, disaster response, and homeland security applications.

    Annabel Mead
    Communications and Marketing Consultant
    Canny Comms
    ✉ annabel@canny-comms.co.uk

    Partnership Inquiries
    Hank Scott
    Chief Executive Officer, TB2 Aerospace
    ✉ hank@tb2aerospace.com

    Visit www.tb2aerospace.com for more information.

    Forward Looking Statements

    Forward-Looking Statements

    This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as ‎‎‎‎defined under applicable securities laws. Forward-looking statements ‎‎‎‎and information can ‎‎‎‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, ‎‎‎‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements ‎‎‎‎and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and ‎‎‎‎assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant ‎‎‎‎business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to DROPS being a game-changing force multiplier for the Department of Defence and its allies as well as Draganfly’s ability to enable DROPS on the Draganfly Apex and the larger Heavy Lift. Forward-‎‎‎‎looking statements and information are subject to various ‎known ‎‎and unknown risks and ‎‎‎‎‎uncertainties, many of which are beyond the ability of the Company to ‎control or ‎‎predict, that ‎‎‎‎may cause ‎the Company’s actual results, performance or achievements to be ‎materially ‎‎different ‎‎‎‎from those ‎expressed or implied thereby, and are developed based on assumptions ‎about ‎‎such ‎‎‎‎risks, uncertainties ‎and other factors set out here in, including but not limited to: the potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on the Company’s business, operations and financial ‎‎‎‎condition; the ‎‎‎successful integration of ‎technology; the inherent risks involved in the general ‎‎‎‎securities markets; ‎‎‎uncertainties relating to the ‎availability and costs of financing needed in the ‎‎‎‎future; the inherent ‎‎‎uncertainty of cost estimates; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and liability, ‎competition, loss of key ‎‎‎‎employees and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed ‎‎‎with securities regulators in Canada on ‎the SEDAR ‎‎‎‎website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎

    The MIL Network –

  • MIL-OSI Economics: W&T Announces Settlement Agreement with Majority of Surety Providers

    Source: W & T Offshore Inc

    Headline: W&T Announces Settlement Agreement with Majority of Surety Providers

    HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has come to a settlement agreement with two of its largest surety providers which calls for the dismissal of a previously filed lawsuit. The settlement agreement requires the surety providers to withdraw their current collateral demands, and further provides that the surety providers may not make additional collateral demands or increase premiums through December 31, 2026.

    Key highlights for the settlement agreement include:

    • Dismissal of all claims by the applicable party in the lawsuit, without prejudice;
    • Two participating surety providers, together with W&T’s other major surety provider who did not attempt to increase premiums or call for collateral, represent nearly 70% of W&T’s surety bond portfolio;
    • Premium rates for all existing bonds provided by the two surety providers will be locked in at W&T’s historical rates without increase through December 31, 2026, representing a prolonged rate lock in excess of “ordinary course” rate negotiations, thereby providing consistency and predictability in W&T’s premium expense;
    • W&T is not required to provide any collateral to the applicable sureties, and the applicable surety providers will immediately withdraw all demands for collateral;
    • Surety providers may not make demands for collateral through December 31, 2026, outside certain limited circumstances involving unlikely events of default; and
    • Parties retain the right to negotiate and establish new surety bonds at rates to be determined in the ordinary course.

    Tracy W. Krohn, W&T’s Chairman and Chief Executive Officer stated, “We are pleased with the agreement that we have reached with two of our largest surety providers, and we believe that the objectives achieved in this outcome illustrate the strength of the legal position that W&T has aggressively advanced since the beginning of these unnecessary surety lawsuits. This outcome is very positive for W&T overall, as we will not acquiesce to unjustified collateral demands made by the applicable sureties and we have locked in our historical premium rates through the end of 2026. We believe the entry into these settlement agreements vindicates our resolve to stand up to surety providers’ unjustified demands on independent oil and gas operators, such as W&T. For the past 40 plus years, W&T has reliably plugged and abandoned assets, paid its negotiated premiums and operated responsibly in the Gulf of America. We demand fairness and transparency for all oil and natural gas producers in the Gulf of America and will continue to pursue the pending litigation against our other surety providers that have unlawfully colluded and decided to not deal fairly with W&T and other independent oil and gas producers.”

    “This agreement, coupled with the promising developments in the regulatory environment driven by the White House’s directives, alleviates some of the uncertainty that has unnecessarily and artificially suppressed our stock price and we expect that this will allow us to deliver more value to our shareholders. Since the start of the year, we have strengthened our balance sheet, and we have a solid cash position with sufficient liquidity to enable us to continue to evaluate growth opportunities, both organically and inorganically. Operationally and financially, our start to 2025 has been strong, and we expect production to continue to increase thus driving more value creation. We are well-positioned to succeed and believe that the future is bright for W&T.”

    About W&T Offshore

    W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of America and has grown through acquisitions, exploration and development. As of March 31, 2025, the Company had working interests in 52 fields in federal and state waters (which include 45 fields in federal waters and seven in state waters). The Company has under lease approximately 634,700 gross acres (496,900 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 487,200 gross acres on the conventional shelf, approximately 141,900 gross acres in the deepwater and 5,600 gross acres in Alabama state waters. A majority of the Company’s daily production is derived from wells it operates. For more information on W&T, please visit the Company’s website at www.wtoffshore.com.

    Forward-Looking and Cautionary Statements

    This press release contains 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. All statements other than statements of historical facts included in this release, including those regarding the potential outcome of the litigation, the impact of the settlement on the Company, potential growth opportunities, and the Company’s future production are forward-looking statements. When used in this release, forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “continue,” “anticipate,” “target,” “could,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may” or other words and similar expressions that convey the uncertainty of future events or outcomes, although not all forward-looking statements contain such identifying words. Items contemplating or making assumptions about actual or potential future production and sales, prices, market size, and trends or operating results also constitute such forward-looking statements.

    These forward-looking statements are based on the Company’s current expectations and assumptions about future events and speak only as of the date of this release. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond the Company’s control. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, as results actually achieved may differ materially from expected results described in these statements. The Company does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements, unless required by law.

    Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ including, among other things, the regulatory environment, including availability or timing of, and conditions imposed on, obtaining and/or maintaining permits and approvals, including those necessary for drilling and/or development projects; the impact of current, pending and/or future laws and regulations, and of legislative and regulatory changes and other government activities, including those related to permitting, drilling, completion, well stimulation, operation, maintenance or abandonment of wells or facilities, managing energy, water, land, greenhouse gases or other emissions, protection of health, safety and the environment, or transportation, marketing and sale of the Company’s products; inflation levels; global economic trends, geopolitical risks and general economic and industry conditions, such as the global supply chain disruptions and the government interventions into the financial markets and economy in response to inflation levels and world health events; volatility of oil, NGL and natural gas prices; the global energy future, including the factors and trends that are expected to shape it, such as concerns about climate change and other air quality issues, the transition to a low-emission economy and the expected role of different energy sources; supply of and demand for oil, NGLs and natural gas, including due to the actions of foreign producers, importantly including OPEC and other major oil producing companies (“OPEC+”) and change in OPEC+’s production levels; disruptions to, capacity constraints in, or other limitations on the pipeline systems that deliver the Company’s oil and natural gas and other processing and transportation considerations; inability to generate sufficient cash flow from operations or to obtain adequate financing to fund capital expenditures, meet the Company’s working capital requirements or fund planned investments; price fluctuations and availability of natural gas and electricity; the Company’s ability to use derivative instruments to manage commodity price risk; the Company’s ability to meet the Company’s planned drilling schedule, including due to the Company’s ability to obtain permits on a timely basis or at all, and to successfully drill wells that produce oil and natural gas in commercially viable quantities; uncertainties associated with estimating proved reserves and related future cash flows; the Company’s ability to replace the Company’s reserves through exploration and development activities; drilling and production results, lower–than–expected production, reserves or resources from development projects or higher–than–expected decline rates; the Company’s ability to obtain timely and available drilling and completion equipment and crew availability and access to necessary resources for drilling, completing and operating wells; changes in tax laws; effects of competition; uncertainties and liabilities associated with acquired and divested assets; the Company’s ability to make acquisitions and successfully integrate any acquired businesses; asset impairments from commodity price declines; large or multiple customer defaults on contractual obligations, including defaults resulting from actual or potential insolvencies; geographical concentration of the Company’s operations; the creditworthiness and performance of the Company’s counterparties with respect to its hedges; impact of derivatives legislation affecting the Company’s ability to hedge; failure of risk management and ineffectiveness of internal controls; catastrophic events, including tropical storms, hurricanes, earthquakes, pandemics and other world health events; environmental risks and liabilities under U.S. federal, state, tribal and local laws and regulations (including remedial actions); potential liability resulting from pending or future litigation; the Company’s ability to recruit and/or retain key members of the Company’s senior management and key technical employees; information technology failures or cyberattacks; and governmental actions and political conditions, as well as the actions by other third parties that are beyond the Company’s control, and other factors discussed in W&T Offshore’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q found at www.sec.gov or at the Company’s website at www.wtoffshore.com under the Investor Relations section.

         
    CONTACT: Al Petrie Sameer Parasnis
      Investor Relations Coordinator Executive VP and CFO
      investorrelations@wtoffshore.com sparasnis@wtoffshore.com
      713-297-8024 713-513-8654

    Source: W&T Offshore, Inc.

    Released June 17, 2025

    MIL OSI Economics –

  • MIL-OSI USA: Driven by a Dream: Farah Al Fulfulee’s Quest to Reach the Stars

    Source: NASA

    Farah Al Fulfulee was just four years old when she started climbing onto the roof of her family’s house in Iraq to gaze at the stars.
    “It scared me how vast and quiet the sky was, but it made me very curious. I grew a deep passion for the stars and constellations and what they might represent,” she said.
    Her father noticed her interest and began bringing home books and magazines about space. Al Fulfulee first read about NASA in those pages and was fascinated by the agency’s mission to explore the cosmos for the benefit of all humanity.
    “Right then I knew I had to be an astronaut! I must go to space myself and get a closer look,” she said. “I knew I must find a way to go and work for NASA and fulfill my dream, working with other people like me who had a passion to explore the universe.”

    As a girl growing up in the Middle East, Al Fulfulee had few opportunities to pursue this dream, but she refused to give up. Her dedication to schoolwork and excellence in science and math earned her a spot at the University of Baghdad College of Engineering. She completed a degree in electronic and communication engineering — similar to American electrical and computer engineering programs — and graduated as one of the top 10 students in her class. “We had a graduation party where you dress up as what you want to be in the future,” she recalled. “I wore a spacesuit.”

    Al Fulfulee was ready to launch her career, but Iraq did not have a developed space industry and finding work as a female engineer was a challenge. She accepted a project engineer position with a prominent Iraqi engineering firm in the information technology sector and spent four years working for the company in Iraq, Turkey, and Jordan, but she was disappointed to discover that her role involved very little engineering. “I was the only female on the team,” she said. “It was not common for a woman to work in the field or with customers, so I was always left behind to do office work. The job was not fulfilling.”
    Still determined to join NASA, Al Fulfulee kept looking for her chance to come to the United States and finally found one in 2016, when she moved to Oklahoma to be near her sister. A new challenge soon rose: Without a degree from an American school or previous work experience in the United States, engineering opportunities were hard to come by. Al Fulfulee spent the next six years working in quality assurance for a human resources software company while she completed a MicroMasters program in software verification and management from the University of Maryland and honed her English and leadership skills.
    Her big break came in 2022, when she landed a job with Boeing Defense, Space, and Security as a software quality engineer. “I was so excited,” she said. “I knew I was much closer to my dream since Boeing worked in the space industry and I would be able to apply internally to work on a space program.”

    Less than one year later, Al Fulfulee became a system design and analysis engineer for the International Space Station Program and joined the Station Management and Control Team at NASA’s Johnson Space Center in Houston. She helps develop requirements, monitors performance, and validates testing for electrical systems and software supporting space station payloads. She also designs hardware, software, and interface specifications for those systems. Al Fulfulee has served as the team’s point of contact, delivering verification assessment and data assessment reports for NASA’s SpaceX Crew-9 and Crew-10 missions, as well as the upcoming Axiom Mission 4 flight. She is currently working to support testing and verification for NASA’s SpaceX Crew-11.
    “I could not be happier,” she declared.
    She is also not stopping. “I won’t quit until I wear the blue suit.”

    Al Fulfulee has been an enthusiastic volunteer for various NASA studies, including the Exploration Atmosphere Studies that tested spacewalk safety protocols in an analog environment. She is pursuing a master’s degree in Space Operations Engineering from the University of Colorado, Colorado Springs. She is an avid gardener and learning how to grow produce indoors as a volunteer experimental botanist with the Backyard Produce Project, noting that such knowledge might come in handy on Mars.
    She is also helping to inspire the next generation. Earlier this year, Al Fulfulee was a guest speaker at the Women in Tech & Business Summit in Iraq – an event designed to encourage Iraqi women to pursue technology careers. “I was the only person representing women in space,” she said. “It was a really moving experience.” Al Fulfulee provided practical advice on breaking barriers in aerospace and shared her story with the crowd.
    “I know my path is long and across the continents,” she said, “but I am enjoying my journey.”

    MIL OSI USA News –

  • MIL-OSI USA: Explore Our Dynamic Sun!

    Source: NASA

    from NASA’s Heliophysics Education Activation Team (NASA HEAT) and the Astronomical Society of the Pacific/Night Sky Network
    Have you ever wondered about what the Sun is made of? Or why do you get sunburned on even cloudy days? NASA’s new Explore the Sun toolkit brings the wonders of solar science to you, offering answers to these questions and more!

    A collaboration between NASA’s Heliophysics Education Activation Team (NASA HEAT) and the Astronomical Society of the Pacific’s Night Sky Network program, this resource was developed for informal educators, amateur astronomers, and astronomy enthusiasts alike, providing engaging activities for anyone eager to learn more about our nearest star.
    Whether you’re hosting a solar viewing event or an indoor presentation, the Our Dynamic Sun toolkit provides easy-to-use materials designed to spark curiosity. Each card in the set pairs NASA images with clear explanations for each topic:

    “What color is the Sun?” (hint: it’s not yellow!)
    “How does the Sun affect us here on Earth?”
    “When will the Sun die?”

    These cards not only answer common questions the public may have, but also highlight how NASA’s solar research helps us understand space weather, solar storms, and their impacts on our daily lives.
    Bring the Sun’s story to your community and inspire the next generation of explorers. You can download this free Our Dynamic Sun toolkit here: https://bit.ly/suntoolkit

    MIL OSI USA News –

  • MIL-OSI USA: NASA Employees Named 2025 Service to America Medals Honorees

    Source: NASA

    Two NASA employees are being  honored as part of the Samuel J. Heyman Service to America Medals, also known as the Sammies, recognizing outstanding federal employees who are addressing many of our country’s greatest challenges.
    Rich Burns of NASA’s Goddard Space Flight Center in Greenbelt, Maryland, and John Blevins of Marshall Space Flight Center in Huntsville, Alabama, were selected out of 350 nominees and are among 23 individuals and teams honored for their achievements as federal employees. They will be recognized at a ceremony in Washington on Tuesday, June 17, that also will be live streamed on the Sammies website. The honorees will be commended via videos and presenter remarks and receive medals for their achievements.
    Named after the founder of the Partnership for Public Service, the 2025 Service to America Medals awards celebrate federal employees who provided critical public services and made outstanding contributions to the health, safety, and national security of our country.
    “Rich and John exemplify the spirit of exploration and service that defines NASA and our nation’s civil servants,” said acting NASA Administrator Janet Petro. “Their leadership, ingenuity, and dedication have not only advanced America’s space program but also inspired the next generation of innovators. We are proud to see their achievements recognized among the very best of federal service.”

    Burns was the project manager of the Origins, Spectral Interpretation, Resource Identification, and Security – Regolith Explorer (OSIRIS-REx) mission to collect a sample from an asteroid and oversaw operations from the developmental stage to the successful landing of the spacecraft’s Sample Return Capsule.
    The mission launched on Sept. 18, 2016, and after a nearly four-year journey, the OSIRIS-REx spacecraft successfully collected a sample from the asteroid Bennu on Oct. 20, 2020, which returned to Earth on Sept. 24, 2023, providing scientists with 120 grams of pristine material to study, the largest amount ever collected from an asteroid. Working to solidify OSIRIS-REx as a success, Burns set up multiple partnerships and communicated frequently with scientists, large and small businesses, NASA centers, and others to ensure the mission’s vision was carried out though each phase.
    During the mission, Burns had to handle unique challenges that required adapting to new situations. These included improving flight software to help the spacecraft avoid hazardous parts of Bennu’s rocky surface and working with NASA leaders to find a way to best protect the sample collected from Bennu after a large stone propped the collection canister open. Finally, when the sample was set to return to Earth, Burns worked extensively with NASA and military partners to prepare for the landing, focusing on the safety of the public along with the integrity of the sample to ensure the final part of the mission was a success.
    Burns helped OSIRIS-REx exceed its objectives all while under the original budget, allowing  NASA to share a portion of the sample with more than 80 research projects and make new discoveries about the possible origins of life on our planet. The spacecraft, now known as Origins, Spectral Interpretation, Resource Identification and Security – Apophis Explorer, is scheduled to rendezvous with the asteroid Apophis in 2029.
    “It’s humbling to accept an award based on the achievements of the amazingly talented, dedicated, and innovative OSIRIS-REx team,” Burns said. “I consider myself privileged to be counted among a team of true explorers who let no obstacle stand in the way of discovery.”

    Blevins is the chief engineer for the Space Launch System (SLS) rocket and is responsible for the various technical decisions that need to be made to ensure each mission is successful. This included calculating structural needs, thermal analyses of the effects, and studies of vibrations, acoustics, propulsion integration, among other work.
    Artemis I, the first test flight of the SLS rocket, successfully launched from NASA’s Kennedy Space Center in Florida on Nov. 16, 2022. In the time leading up to and during launch, Blevins led the team integrating the hardware for the mission working  to address unexpected events while SLS was on the pad prior to launch. This included significant lightning storms and two hurricanes impacting Kennedy Space Center in Florida.
    Blevins built a working coalition of engineering teams across the agency that previously did not exist. His ability to forge strong relationships on the various teams across the agency allowed for the successful launch of Artemis I. He continues to lead the engineering team behind SLS as they prepare for Artemis II, the second flight of SLS and the first crewed lunar mission of the 21st century.
    “This is a reflection on the hard work and dedication of the entire Artemis Team,” Blevins said. “I am working with an incredibly competent, dedicated team agencywide that goes above and beyond to promote the space exploration goals of our nation. I am honored to accept the award on their behalf.”

    MIL OSI USA News –

  • MIL-OSI USA: Meijer Issues Recall on Frederik’s Dark Chocolate Almonds Due to Presence of Undeclared Cashews

    Source: US Food and Drug Administration

    Summary

    Company Announcement Date:
    June 13, 2025
    FDA Publish Date:
    June 16, 2025
    Product Type:
    Food & BeveragesAllergens
    Reason for Announcement:

    Recall Reason Description
    Undeclared cashews

    Company Name:
    Meijer
    Brand Name:

    Brand Name(s)
    Frederick’s by Meijer

    Product Description:

    Product Description
    Dark Chocolate Almonds

    Company Announcement
    GRAND RAPIDS, Mich., June 13, 2025 – Meijer is announcing a recall of certain packages of Frederik’s Dark Chocolate Almonds because they may also contain dark chocolate-covered cashews, which are not declared on the label. People who have an allergy or severe sensitivity to cashews run the risk of a serious or life-threatening allergic reaction if they consume the product.
    The recall includes Frederik’s Dark Chocolate Almonds in black stand-up pouches sold at Meijer stores in Michigan, Indiana, Illinois, Ohio, Kentucky, and Wisconsin with a sell-by date of 05/07/2026 or 05/28/2026, and 8-count, 1.5-ounce multi-pack boxes with a sell-by date of 05/05/2026. Meijer has not received any claims of illness associated with this recall to date.
    The following products are included in the recall:

    UPC 

    Recalled Product Name 

    Sell By Date(s) 

    7-08820-68730-1

    Frederik’s by Meijer Dark Chocolate Almonds (12 oz.)

    05/07/2026,05/28/2026

    7-19283-11923-0

    Frederik’s Dark Chocolate Almonds 8-count 1.5 oz.

    05/05/2026

    This recall was initiated after Meijer was informed of the issue by a customer who received the product.
    Customers with allergies or sensitivities to cashews should discontinue use and return the product to the customer service desk at any Meijer store for a full refund. Customers with questions regarding this recall can contact Meijer at 800-543-3704 from 7 a.m.-1 a.m. EDT daily. Customers with questions or concerns about their health are encouraged to contact their primary care provider.
    About Meijer: Meijer is a privately owned, family-operated retailer that serves customers at more than 500 supercenters, grocery stores, neighborhood markets, and express locations throughout the Midwest. As the pioneer of the one-stop shopping concept, more than 70,000 Meijer team members work hard to deliver a friendly, seamless in-store and online shopping experience featuring an assortment of fresh foods, high-quality apparel, household essentials, and health and wellness products and services. Meijer is consistently recognized as a Great Place to Work and annually donates at least 6 percent of its profit to strengthen its communities. Additional information on the company can be found by visiting newsroom.meijer.com.

    Company Contact Information

    Consumers:
    Meijer
    800-543-3704

    Product Photos

    Content current as of:
    06/16/2025

    Regulated Product(s)

    Topic(s)

    Follow FDA

    MIL OSI USA News –

  • MIL-OSI USA: DHS Bolsters America’s Supply Chains, Critical Infrastructure, and Domestic Industry Through Arctic ICE Pact

    Source: US Federal Emergency Management Agency

    Headline: DHS Bolsters America’s Supply Chains, Critical Infrastructure, and Domestic Industry Through Arctic ICE Pact

    epresentatives from the Department of Homeland Security (DHS) met with Canadian and Finnish counterparts as part of a two-day summit for the ongoing Icebreaker Collaboration Effort (ICE Pact), a trilateral agreement to strengthen United States supply chains, increase domestic jobs, and improve U

    S

    shipbuilding capabilities to defend the American people

    “ICE Pact is a key component of America’s economic future

    President Donald Trump and U

    S

    Homeland Security Secretary Kristi Noem understand that economic security is national security,” said Assistant Secretary Tricia McLaughlin

    “By revitalizing U

    S

    shipyards, creating jobs, strengthening industrial capabilities, and opening up the Arctic’s vast potential to American businesses, the Trump administration is putting America’s prosperity and security first

    ” 
    During the two-day event, government leaders discussed with public and private stakeholders plans to advance four key areas: technical expertise and information exchange; workforce development; relations with allies and industry; and research and development

    The three partner countries concluded this successful meeting with a commitment to reconvene in person by the end of the year for a meeting hosted by the U

    S

    government

    Icebreakers are vital for America’s presence in the Arctic, a region increasingly contested by Russia and China due to its growing potential for oil and gas exploration, critical minerals, trade route traffic, fishing, and tourism

    Russia maintains the largest icebreaker fleet in the world with 40-plus icebreakers and has made the Arctic its top naval priority; China is rapidly expanding its presence in this field as well and is collaborating with Russia on Arctic expansion efforts

    In contrast, until last month, the United States Coast Guard operated just two icebreakers

    In late May, the U

    S

    Coast Guard Cutter Storis began its maiden voyage to the Arctic

    ICE Pact will steer more investment into U

    S

    industry to boost our icebreaker fleet

    Plans developed during ICE Pact meetings will allow the U

    S

    , Canada, and Finland to build American-made Arctic and polar icebreakers

    ###

    MIL OSI USA News –

  • MIL-OSI Europe: Answer to a written question – Transparency of EU funding to NGOs and links to political activities and irregular immigration – P-001458/2025(ASW)

    Source: European Parliament

    The Commission refers to its replies to the European Court of Auditors’ Special Report 11/2025[1].

    A definition of a non-governmental organisation (NGO) has been recently included in the Financial Regulation (FR),[2] together with the need to indicate in a direct management grant application whether the entity is an NGO.

    The Commission will explore whether this recent definition of an NGO should and could be further clarified. Such clarification should not increase administrative burden for NGOs, be proportionate and not limit access to EU funds.

    There is no indication that the NGO status poses a higher risk for the EU budget, compared to other types of entities. The NGO status is generally not a prerequisite for receiving EU funding.

    The Commission will explore increasing the frequency of updates in the Financial Transparency System[3]. In accordance with Article 38 FR, the Commission will make available on a centralised website information on recipients of EU funds under all management modes as for post 2027 programmes.

    The Commission’s current data mining and risk-scoring tool ‘Arachne’ serves control and audit, and not to verify respect of EU values.

    The FR provides for further development of this IT tool only as regards control and audit functions[4]. The Commission is open to exploring the feasibility of introducing further risk indicators to enhance checks on compliance with EU values, provided this is technically possible and in line with the applicable rules.

    Any such assessment could be carried out only following the further development of Arachne, which is to be delivered by the end of 2027.

    Interest representatives that apply for EU funding, which would typically include NGOs, must register in the Transparency Register[5] and declare their main sources of funding, the amount of each contribution above EUR 10 000 exceeding 10% of their total budget and the name of the contributor.

    • [1] https://www.eca.europa.eu/en/publications?ref=SR-2025-11.
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202402509.
    • [3] https://ec.europa.eu/budget/financial-transparency-system/index.html; the annual publications are based on Article 38 of the Financial Regulation (OJ L 2024/2509, 26.9.2024, p. 1-239), and in accordance with the third paragraph of the article, information on recipients is not disclosed in specific cases outlined therein.
    • [4] See recitals 29-32 and Article 36 of the FR. See also the Joint statement of the European Parliament, the Council and the Commission on the single data mining and risk-scoring tool provided for in Article 36 of the Financial Regulation on the occasion of the adoption of Regulation 2024/2509, OJ C, C/2024/5767, 26.9.2024, ELI: http://data.europa.eu/eli/C/2024/5767/oj.
    • [5] https://transparency-register.europa.eu/index_en.

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – ETS maritime surcharges – E-001705/2025(ASW)

    Source: European Parliament

    All sectors, including maritime transport, need to contribute to the EU climate neutrality goal by 2050 and the EU Emissions Trading System (ETS) is a key policy to achieve this objective.

    While the ETS Directive[1] allows for the transfer of the ETS costs from the shipping company to another entity operating the ship, it does not regulate the pass-through of costs to shippers.

    The Commission’s report[2] on the monitoring of the ETS extension to maritime transport shows that shipping companies typically pass ETS costs to shippers, with a limited impact on overall transport prices in 2024, estimated between 1% and 5% for deep sea container services.

    A case study revealed that surcharges do not always reflect the EU ETS costs expected on specific routes, possibly due to shipping companies’ strategies in redistributing costs among their lines.

    Information to be published by 30 June 2025 in Thetis Monitoring, Reporting and Verification (MRV)[3] will detail ship level emissions reported by shipping companies under the ETS, possibly aiding shippers in their commercial discussions.

    In terms of effectiveness, companies passing on the ETS costs would generally incentivise their consumers to shift towards greener alternatives.

    At the same time, the ETS would continue incentivising investments in mitigation reduction solutions in synergy with other policies such as FuelEU Maritime[4].

    The Commission will continue closely monitoring the implementation of the ETS extension to maritime transport, with reports due every two years.

    The above-mentioned report should therefore be seen as the first step of an ongoing process providing the foundation for future analysis and for possible enhancements of the monitoring approach.

    • [1] Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (OJ L 275, 25.10.2003, p. 32).
    • [2] COM(2025) 110 final — https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52025DC0110.
    • [3] The dedicated Union information system developed and operated by the European Maritime Safety Agency that supports the implementation of Regulation (EU) 2015/757 — https://mrv.emsa.europa.eu/.
    • [4] Regulation (EU) 2023/1805 of the European Parliament and of the Council of 13 September 2023 on the use of renewable and low-carbon fuels in maritime transport, and amending Directive 2009/16/EC.

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Mobility poverty in the EU’s outermost regions – E-001290/2025(ASW)

    Source: European Parliament

    The Commission announced, in the Mid-term Review Communication[1], the launch of consultations for an updated strategy for the outermost regions to address their permanent constraints. Several EU instruments already include favourable conditions for their transport needs.

    The European Regional Development Fund[2] supports airport infrastructure only in these regions and compensates for airports’ higher operating costs.

    The Connecting Europe Facility[3] supports transport infrastructure with higher co-financing rates. Several Public Service Obligations ensure connectivity with outermost regions[4], and social aid schemes support air transport for their residents[5].

    Outermost regions benefit from specific provisions under transport-related climate legislation. Domestic flights and sea journeys between an outermost region and its Member State are exempted from the Emissions Trading System[6] until end 2030 and can be exempted under the FuelEU Maritime Regulation[7] until end 2029.

    Around EUR 1.6 billion was set aside from the Emissions Trading System revenues to cover price difference between the use of eligible sustainable aviation fuels and fossil kerosene, covering exceptionally the full difference at outermost regions’ airports.

    The Social Climate Fund regulation[8] requires that relevant Member States consider outermost regions’ specificities in their national plans.

    As set out in the communication COM(2025) 46 final The road to the next multiannual financial framework[9], the future budget will include a strengthened, modernised cohesion and growth policy, in partnership with national, regional and local authorities, including outermost regions.

    • [1] A modernised cohesion policy: the mid-term review, COM(2025) 163 final.
    • [2] Regulation (EU) 2021/1058 of the European Parliament and of the Council of 24 June 2021 on the European Regional Development Fund and on the Cohesion Fund. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02021R1058-20241224 .
    • [3] Regulation (EU) 2021/1153 of the European Parliament and of the Council of 7 July 2021 establishing the Connecting Europe Facility. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02021R1153-20240718.
    • [4] Regulation (EC) No 1008/2008 of the European Parliament and of the Council of 24 September 2008 on common rules for the operation of air services in the Community. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02008R1008-20201218.
    • [5] Based on Article 107(2)(a) of the Treaty on the Functioning of the European Union.
    • [6] Directive (EU) 2023/959 of the European Parliament and of the Council of 10 May 2023 amending Directive 2003/87/EC establishing a system for greenhouse gas emission allowance trading within the European Union and Decision (EU) 2015/1814 concerning the establishment and operation of a market stability reserve for the European Union greenhouse gas emission trading system. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02023L0959-20230516.
    • [7] Article 2(4) of Regulation (EU) 2023/1805 of the European Parliament and of the Council of 13 September 2023 on the use of renewable and low-carbon fuels in maritime transport, and amending Directive 2009/16/EC.
    • [8] Regulation (EU) 2023/955 establishing a Social Climate Fund and amending Regulation (EU) 2021/1060. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02023R0955-20240630.
    • [9] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52025DC0046.
    Last updated: 17 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – European Parliament backs extension of EU-Ukraine road transport agreement

    Source: European Parliament

    MEPs have agreed to update the EU-Ukraine road transport agreement and extend it until the end of 2025, to continue facilitating the movement of goods in and out of the country.

    As Russia’s war of aggression against Ukraine continues and further disrupts Ukraine’s transport sector, the European Parliament has backed an 18-month prolongation of the EU‑Ukraine deal on the carriage of freight by road, by 488 votes to 137 and with 34 abstentions.

    Concluded in June 2022, the agreement has facilitated the transport of vital goods such as fuel and humanitarian aid into Ukraine, and enabled Ukrainian exports such as grain, ore, and steel to reach the EU and beyond. Set to expire in June 2024, its application continued provisionally pending formal backing by MEPs and the EU Council of its extension until the end of 2025.

    In order to address a number of implementation challenges, the updated agreement requires drivers to carry documents authorising international carriage. They also have to display a windscreen sticker proving that their road transport operation falls within the agreement’s scope. A safeguard clause allows the agreement’s suspension in a specific geographical area in the event of a major disturbance to the local road transport market.

    Now that Parliament has given its consent, the EU-Ukraine road transport agreement will be forwarded to the EU Council for a final adoption.

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – Fight against child sexual abuse: updated rules to address new technologies

    Source: European Parliament

    On Tuesday, Parliament adopted its position on draft legislation to improve EU countries’ capacity to fight child sexual abuse effectively.

    MEPs backed an update to EU-wide definitions of the crimes linked to child sexual abuse (CSA) and exploitation. The proposal is designed to adapt legislation to new technologies, for example artificial but realistic-looking deepfake CSA material, and ensure that abuse and solicitation can be prosecuted regardless of whether they occurred online or in the real world.


    Stiffer punishments and no limitation periods

    In their amendments, MEPs propose to raise the maximum punishments for a number of CSA offences, including for sexual activities with children above the age of sexual consent who do not consent. Other examples are recruiting children for exploitation in prostitution, possessing or distributing CSA material, and offering remuneration for certain CSA crimes.

    MEPs also want to abolish limitation periods for crimes covered by the updated law, since statistics show that the majority of victims only speak up long after the offence occurred. Victims should also be able to seek compensation indefinitely.


    New technological crimes

    To bring EU laws up to date with technological developments, MEPs want to criminalise explicitly the use of artificial intelligence systems “designed or adapted primarily” for CSA crimes. They have also endorsed provisions on the livestreaming of CSA, and dissemination online of related material.

    To make investigations more effective, MEPs are pushing for the possibility to conduct undercover investigations and employ covert surveillance methods.


    Definition of consent and exemption for peers

    MEPs want a new definition of consent specifically for children over the age of sexual consent. Consent-based interactions between peers should not be criminalised unless there is dependency or an abuse of trust. Pretending to be a peer should, however, be a punishable aggravating circumstance.


    Victim support

    Child victim support should be free of charge and include medical and forensic examinations, help with documenting evidence, gender-sensitive medical care and access to sexual and reproductive healthcare. MEPs want this to be in line with the Barnahus model, where services come together under one roof to support child victims.

    Third parties, such as civil society organisations, should also be able to report crimes.


    Quote

    Rapporteur Jeroen Lenaers (EPP, Netherlands) said: “The law we voted for today is ambitious, but we can never be ambitious enough when it comes to protecting children. We are criminalising child sexual abuse manuals, and lifelike AI material will be treated the same as real material. We also need to abolish the statutes of limitations for child sexual abuse crimes, because there can be no deadline on justice.”


    Next steps

    The EP position was adopted with 599 votes in favour, 2 against and 62 abstentions. Negotiations between Parliament and Council on the final form of the law are scheduled to begin on 23 June.


    Background

    The recast directive on sexual abuse and sexual exploitation of children, child sexual abuse material, and solicitation of children will harmonise EU countries’ definitions of and punishments for these crimes, covering both online and offline activity.

    A separate proposal for a regulation on child sexual abuse material online is also being discussed by lawmakers. The European Parliament adopted its position on the draft regulation in 2023 and is waiting for the Council to reach a common position.

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Nuclear energy in the European Union – E-000320/2025(ASW)

    Source: European Parliament

    The Commission acknowledges the role of nuclear energy in contributing to energy security and decarbonisation. All zero and low carbon energy solutions are needed to decarbonise the energy system[1].

    Projections show that decarbonised sources will generate over 90% of electricity in the EU in 2040[2], primarily from renewables complemented by nuclear energy.

    The choice of the energy sources in the energy mix, including the decision to use or not use nuclear energy, remains within the remit of each Member State in accordance with the provisions of the EU Treaties[3]. The Commission does not intervene in such decisions.

    The EU and the European Atomic Energy Community (Euratom) legal frameworks do not empower the Commission to make any recommendations towards the decommissioning of nuclear power plants. The EU supports and co-finances nuclear decommissioning programmes in Bulgaria, Lithuania and Slovakia.

    • [1] Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions: ‘Securing Europe’s 2040 climate target and path to climate neutrality by 2050 building a sustainable, just and prosperous society’ (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM%3A2024%3A63%3AFIN).
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM%3A2024%3A63%3AFIN.
    • [3] Article 194 of the Treaty on Functioning of the European Union (TFEU).
    Last updated: 17 June 2025

    MIL OSI Europe News –