Category: Transport

  • MIL-OSI: Gilat Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Revenues Increased 21% Year-over-Year with Adjusted EBITDA of $7.6 Million

    Reiterates Guidance for 2025

    PETAH TIKVA, Israel, May 19, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter, ended March 31, 2025.

    First Quarter 2025 Financial Highlights

    • Revenues of $92million, up 21% compared with $76.1million in Q12024;
    • GAAP operating loss of $2.7 million,compared with GAAP operating income of $5.4 million in Q1 2024 mainly due to a loss of about $3.6 million from Gilat Stellar Blu’s ramp up process, amortization of purchased intangibles derived from the Stellar Blu acquisition, and other operating expenses, related to earnout liabilities and one-time acquisition-related costs;
    • Non-GAAP operating income of $5.2million, compared with $6.6million in Q1 2024;
    • GAAP net loss of $6.0 million, or $0.11 per share, compared with GAAP net income of $5.0 million, or $0.09 per diluted share, in Q1 2024;
    • Non-GAAP net income of $1.8 million, or $0.03 per diluted share, compared with $6.0 million, or $0.11 per diluted share, in Q1 2024;
    • Adjusted EBITDA of $7.6 million, compared with $9.3 million in Q1 2024, which includes a loss of about $3.6 million from Gilat Stellar Blu’s ramp up process. Adjusted EBITDA, excluding such loss, was $11.2 million.

    Forward-Looking Expectations

    The Company today reiterated its guidance for 2025.

    Expectations are for revenue between $415 and $455 million, representing year-over-year growth of 42% at the midpoint. Adjusted EBITDA is expected to be between $47 and $53 million, representing year-over-year growth of 18% at the midpoint.  

    Management Commentary

    Adi Sfadia, Gilat’s CEO, commented: “Gilat delivered solid Q1 2025 results, demonstrating strong execution across the company and positive impact from our new organizational structure. Gilat Defense is experiencing significant momentum, fueled by growing demand for its broad portfolio of products and services and is becoming an increasingly important contributor to our growth. This growth is supported by macro-geopolitical factors that are driving increased investment in secure, mission-critical communications worldwide.”

    Mr. Sfadia added, “Regarding Gilat Commercial, our IFC business continues to expand as we deliver on customer commitments and grow our market base. Gilat Stellar Blu’s ramp up is on track, and its Sidewinder ESA is now flying on over 150 aircraft, with strong feedback and additional orders expected very soon. We are collaborating with our partners to expand into new applications such as ISR and VVIP aviation. We’re also in the process of developing OEM installation and broader modem compatibility, further establishing Sidewinder as the go-to multi-orbit IFC solution.”

    Mr. Sfadia concluded, “Based on our strong beginning to 2025 and as Stellar Blu’s ramp up finalizes, we are on track to deliver a record year in both revenues and non-GAAP profitability as we capture the expanding opportunities in mission-critical communications and next-generation satellite solutions.”

    Key Recent Announcements

    • Gilat Receives Over $15 Million in Orders from Leading Satellite Operators
    • Gilat Receives a Multimillion Order from a Global Defense Organization
    • Gilat Receives over $11 Million Defense Contract from a Leading UAV Company
    • Gilat Awarded Up to $23 Million Multi-Year Contract to Service Satellite Transportable Terminal Units for US DoD Customers
    • Gilat Receives $6 Million Defense Contract to Provide Military Communications solutions in Asia-Pacific
    • Gilat Receives $4 Million in Orders for Advanced Portable Satellite Terminals from Global Defense Customers
    • Gilat Awarded Over $5 Million to Support Critical Connectivity for Defense Forces

    Conference Call Details

    Gilat’s management will discuss its first quarter 2025 results and business achievements and participate in a question-and-answer session:

    Date: Monday, May 19, 2025
    Start: 09:00 AM EST / 16:00 IST
    Dial-in: US: 1-888-407-2553
      International: +972-3-918-0609

    A simultaneous webcast of the conference call will be available on the Gilat website at http://www.gilat.com and through this link: https://veidan.activetrail.biz/gilatq1-2025.

    The webcast will also be archived for a period of 30 days on the Company’s website and through the link above.

    Non-GAAP Measures

    The attached summary unaudited financial statements were prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP). To supplement the consolidated financial statements presented in accordance with GAAP, the Company presents non-GAAP presentations of gross profit, operating expenses, operating income, income before taxes on income, net income, Adjusted EBITDA, and earnings per share. The adjustments to the Company’s GAAP results are made with the intent of providing both management and investors with a more complete understanding of the Company’s underlying operational results, trends, and performance. Non-GAAP financial measures mainly exclude, if and when applicable, the effect of stock-based compensation expenses, amortization of purchased intangibles, lease incentive amortization, other non-recurring expenses, other integration expenses, other operating expenses (income), net, and income tax effect on the relevant adjustments.

    Adjusted EBITDA is presented to compare the Company’s performance to that of prior periods and evaluate the Company’s financial and operating results on a consistent basis from period to period. The Company also believes this measure, when viewed in combination with the Company’s financial results prepared in accordance with GAAP, provides useful information to investors to evaluate ongoing operating results and trends. Adjusted EBITDA, however, should not be considered as an alternative to operating income or net income for the period and may not be indicative of the historic operating results of the Company; nor is it meant to be predictive of potential future results. Adjusted EBITDA is not a measure of financial performance under GAAP and may not be comparable to other similarly titled measures for other companies. Reconciliation between the Company’s net income and adjusted EBITDA is presented in the attached summary financial statements.

    Non-GAAP presentations of gross profit, operating expenses, operating income, income before taxes on income, net income, adjusted EBITDA and earnings per share should not be considered in isolation or as a substitute for any of the consolidated statements of operations prepared in accordance with GAAP, or as an indication of Gilat’s operating performance or liquidity.

    About Gilat

    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we create and deliver deep technology solutions for satellite, ground and new space connectivity and provide comprehensive, secure end-to-end solutions and services for mission-critical operations, powered by our innovative technology. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Our portfolio includes a diverse offering to deliver high value solutions for multiple orbit constellations with very high throughput satellites (VHTS) and software defined satellites (SDS). Our offering is comprised of a cloud-based platform and high-performance satellite terminals; high performance Satellite On-the-Move (SOTM) antennas; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense, field services, network management software, and cybersecurity services.

    Gilat’s comprehensive offering supports multiple applications with a full portfolio of products and tailored solutions to address key applications including broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: www.gilat.com

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

    Contact:

    Gilat Satellite Networks
    Hagay Katz, Chief Products and Marketing Officer
    hagayk@gilat.com

    Alliance Advisors

    GilatIR@allianceadvisors.com
    Phone: +1 212 838 3777

    GILAT SATELLITE NETWORKS LTD.      
    CONSOLIDATED STATEMENTS OF INCOME (LOSS)      
    U.S. dollars in thousands (except share and per share data)      
        Three months ended
     March 31,
       
          2025       2024  
        Unaudited
             
    Revenues $ 92,037     $ 76,078  
    Cost of revenues   63,639       48,024  
             
    Gross profit   28,398       28,054  
             
    Research and development expenses, net   11,621       9,319  
    Selling and marketing expenses   8,202       7,077  
    General and administrative expenses   6,784       8,077  
    Other operating expenses (income), net   4,538       (1,810 )
             
    Total operating expenses   31,145       22,663  
             
    Operating income (loss)   (2,747 )     5,391  
             
    Financial income (expenses), net   (936 )     513  
             
    Income (loss) before taxes on income   (3,683 )     5,904  
             
    Taxes on income   (2,313 )     (940 )
             
    Net income (loss) $ (5,996 )   $ 4,964  
             
    Earnings (losses) per share (basic and diluted) $ (0.11 )   $ 0.09  
             
    Weighted average number of shares used in              
    computing earnings (losses) per share (Basic and Diluted)   57,037,671       57,016,585  
             
    GILAT SATELLITE NETWORKS LTD.
    RECONCILIATION BETWEEN GAAP AND NON-GAAP CONSOLIDATED STATEMENTS OF INCOME (LOSS)
    FOR COMPARATIVE PURPOSES
    U.S. dollars in thousands (except share and per share data)
        Three months ended   Three months ended
        March 31, 2025   March 31, 2024  
        GAAP   Adjustments (*)   Non-GAAP   GAAP   Adjustments (*)   Non-GAAP  
        Unaudited   Unaudited
                               
    Gross profit $ 28,398   810   $ 29,208   $ 28,054   726   $ 28,780
    Operating expenses 31,145   (7,090)   24,055   22,663   (499)   22,164
    Operating income (loss) (2,747)   7,900   5,153   5,391   1,225   6,616
    Income (loss) before taxes on income (3,683)   7,900   4,217   5,904   1,225   7,129
    Net income (loss) $ (5,996)   7,823   $ 1,827   $ 4,964   1,050   $ 6,014
                             
    Earnings (losses) per share (basic and diluted) $ (0.11)   $ 0.14   $ 0.03   $ 0.09   $ 0.02   $ 0.11
                             
                             
    Weighted average number of shares used in computing earnings (losses) per share                      
      Basic 57,037,671       57,037,671   57,016,585       57,016,585
      Diluted 57,037,671       58,005,232   57,016,585       57,108,734
                             
                             
     (*)  Adjustments reflect the effect of stock-based compensation expenses as per ASC 718, amortization of purchased intangibles, other operating income (expenses), net, other integration expenses and income tax effect on such adjustments which is calculated using the relevant effective tax rate.  
                             
            Three months ended           Three months ended    
            March 31, 2025           March 31, 2024    
            Unaudited           Unaudited    
                             
    GAAP net income (loss)   $ (5,996)           $ 4,964    
                           
    Gross profit                    
    Stock-based compensation expenses   173           150    
    Amortization of purchased intangibles   600           507    
    Other integration expenses   37           69    
          810           726    
    Operating expenses                    
    Stock-based compensation expenses   901           717    
    Stock-based compensation expenses related to business combination   607           1,324    
    Amortization of purchased intangibles   884           257    
    Other operating expenses (income), net *)   4,538           (1,810)    
    Other integration expenses   160           11    
            7,090           499    
                             
    Taxes on income   (77)           (175)    
                             
    Non-GAAP net income   $ 1,827           $ 6,014    
                             
                             
    *) Including M&A expenses related to business combinations in the amounts of $2,205 and $318 for the three months ended March 31, 2025 and 2024, respectively
                             
    GILAT SATELLITE NETWORKS LTD.      
    SUPPLEMENTAL INFORMATION      
    U.S. dollars in thousands      
           
           
    ADJUSTED EBITDA:      
           
       Three months ended
       March 31,
       2025     2024 
      Unaudited
           
    GAAP net income (loss) $ (5,996 )   $ 4,964  
    Adjustments:      
    Financial expenses (income), net   936       (513 )
    Taxes on income   2,313       940  
    Stock-based compensation expenses   1,074       867  
    Stock-based compensation expenses related to business combination   607       1,324  
    Depreciation and amortization (*)   3,962       3,481  
    Other operating expenses (income), net   4,538       (1,810 )
    Other integration expenses   197       80  
           
    Adjusted EBITDA $ 7,631     $ 9,333  
           
    (*) Including amortization of lease incentive      
           
    SEGMENT REVENUES:      
           
       Three months ended
       March 31,
        2025       2024  
      Unaudited
           
    Commercial $ 64,220     $ 41,193  
    Defense   23,011       17,230  
    Peru   4,806       17,655  
           
    Total revenues $ 92,037     $ 76,078  
           
    GILAT SATELLITE NETWORKS LTD.      
    CONSOLIDATED BALANCE SHEETS      
    U.S. dollars in thousands      
           
      March 31,   December 31,
        2025       2024  
      Unaudited   Audited
           
    ASSETS      
           
    CURRENT ASSETS:      
    Cash and cash equivalents $ 63,783     $ 119,384  
    Restricted cash   470       853  
    Trade receivables, net   49,164       49,600  
    Contract assets   33,394       24,941  
    Inventories   59,431       38,890  
    Other current assets   34,395       21,963  
           
       Total current assets   240,637       255,631  
           
    LONG-TERM ASSETS:      
    Restricted cash   13       12  
    Long-term contract assets   7,450       8,146  
    Severance pay funds   5,847       5,966  
    Deferred taxes   9,912       11,896  
    Operating lease right-of-use assets   6,400       6,556  
    Other long-term assets   8,539       5,288  
           
    Total long-term assets   38,161       37,864  
           
    PROPERTY AND EQUIPMENT, NET   69,878       70,834  
           
    INTANGIBLE ASSETS, NET   64,928       12,925  
           
    GOODWILL   169,444       52,494  
           
    TOTAL ASSETS $ 583,048     $ 429,748  
           
    GILAT SATELLITE NETWORKS LTD.      
    CONSOLIDATED BALANCE SHEETS (Cont.)      
    U.S. dollars in thousands      
           
      March 31,   December 31,
        2025       2024  
      Unaudited   Audited
           
    LIABILITIES AND SHAREHOLDERS’ EQUITY      
           
    CURRENT LIABILITIES:      
    Current maturities of long-term loan $ 3,000     $  
    Trade payables   20,364       17,107  
    Accrued expenses   48,245       45,368  
    Advances from customers and deferred revenues   71,701       18,587  
    Operating lease liabilities   2,865       2,557  
    Other current liabilities   24,617       17,817  
           
       Total current liabilities   170,792       101,436  
           
    LONG-TERM LIABILITIES:      
    Long-term loans   57,469       2,000  
    Accrued severance pay   6,536       6,677  
    Long-term advances from customers and deferred revenues   254       580  
    Operating lease liabilities   3,608       4,014  
    Other long-term liabilities   44,875       10,606  
           
       Total long-term liabilities   112,742       23,877  
           
    SHAREHOLDERS’ EQUITY:      
    Share capital – ordinary shares of NIS 0.2 par value   2,736       2,733  
    Additional paid-in capital   944,657       943,294  
    Accumulated other comprehensive loss   (6,411 )     (6,120 )
    Accumulated deficit   (641,468 )     (635,472 )
           
    Total shareholders’ equity   299,514       304,435  
           
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 583,048     $ 429,748  
           
    GILAT SATELLITE NETWORKS LTD.      
    CONSOLIDATED STATEMENTS OF CASH FLOWS      
    U.S. dollars in thousands      
           
      Three months ended
      March 31,
      2025   2024
      Unaudited
    Cash flows from operating activities:      
    Net income (loss) $ (5,996 )   $ 4,964  
    Adjustments required to reconcile net income (loss)      
     to net cash provided by (used in) operating activities:      
    Depreciation and amortization   3,905       3,425  
    Stock-based compensation expenses   1,681       2,191  
    Accrued severance pay, net   (22 )     (55 )
    Deferred taxes, net   1,984       451  
    Decrease (increase) in trade receivables, net   4,528       (8,797 )
    Decrease (increase) in contract assets   (7,798 )     6,248  
    Decrease in other assets and other adjustments (including short-term, long-term      
    and effect of exchange rate changes on cash, cash equivalents and restricted cash)   18,390       3,507  
    Increase in inventories   (11,456 )     (3,193 )
    Decrease in trade payables   (7,828 )     (666 )
    Decrease in accrued expenses   (6,358 )     (1,240 )
    Decrease in advances from customers and deferred revenues   (1,096 )     (2,754 )
    Increase in other liabilities   3,454       139  
    Net cash provided by (used in) operating activities   (6,612 )     4,220  
           
    Cash flows from investing activities:      
    Purchase of property and equipment   (1,490 )     (793 )
    Investment in other asset   (2,500 )      
    Acquisitions of subsidiary, net of cash acquired   (104,943 )      
    Net cash used in investing activities   (108,933 )     (793 )
           
    Cash flows from financing activities:      
    Repayment of short-term debt, net         (2,744 )
    Proceeds from long-term loan, net of associated costs   58,970        
    Net cash provided by (used in) financing activities   58,970       (2,744 )
           
    Effect of exchange rate changes on cash, cash equivalents and restricted cash   592       (268 )
           
    Increase (decrease) in cash, cash equivalents and restricted cash   (55,983 )     415  
           
    Cash, cash equivalents and restricted cash at the beginning of the period   120,249       104,751  
           
    Cash, cash equivalents and restricted cash at the end of the period $ 64,266     $ 105,166  
           

    The MIL Network

  • MIL-OSI Asia-Pac: CE meets national Customs head

    Source: Hong Kong Information Services

    Chief Executive John Lee today met Minister of the General Administration of Customs Sun Meijun at Government House to discuss strengthening enforcement and co-operation between Hong Kong and Mainland Customs.

    Ms Sun and her delegation are in Hong Kong to attend the World Customs Organization (WCO) Asia/Pacific Regional Heads of Customs Administrations Conference.

    Welcoming them, Mr Lee thanked the General Administration of Customs for supporting the Hong Kong Customs & Excise Department in its bid for the Vice-Chairpersonship of the Asia/Pacific region of the WCO (2024-2026). 

    He said the successful election last June not only reflects the support Hong Kong enjoys at a national level and from the Asia-Pacific region, but also consolidates the city’s role as a “super-connector”.

    While in Hong Kong, Ms Sun will also to attend signing ceremonies for co-operation agreements between the General Administration of Customs and the Hong Kong Special Administrative Region Government. These aim to promote flows of people and goods between the two places, as well as co-operation on exports of Hong Kong dairy and meat products to the Mainland.

    The Chief Executive said these initiatives will enhance Hong Kong’s position as an international trade and shipping centre, laying a solid foundation for further co-operation between Hong Kong and Mainland Customs.

    On enforcement co-operation, Mr Lee said that Hong Kong and Mainland Customs have long been working together to combat cross-boundary smuggling activities and prevent and detect smuggling of contraband.

    He said he hopes Hong Kong and Mainland Customs can in future maintain close co-operation on immigration and customs clearance, anti-smuggling and anti-drug trafficking activities, and trade facilitation.

    MIL OSI Asia Pacific News

  • MIL-OSI: LanzaTech Announces First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 19, 2025 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), a carbon management solutions company, today reported its financial and operating results for the first quarter of 2025.

    Key Takeaways:

    • Reported total revenue of $9.5 million for the first quarter of 2025 as compared to $10.2 million for the first quarter of 2024. The year-over-year decrease was driven primarily by lower revenues in the biorefining and Joint Development Agreement (“JDA”) & Contract Research businesses, which was largely offset by a significant increase in CarbonSmart™ revenue.
    • Continued to shift the Company’s core operations from research and development to the global deployment of LanzaTech’s commercially proven technology, with incremental actions being taken to sharpen the business focus, streamline operations, and improve the Company’s cost structure.
    • Closed $40 million of preferred equity capital in May of 2025; however, after completing its assessment as required by Generally Accepted Accounting Principles (“GAAP”), management has concluded that its continuing actions such as ongoing liquidity initiatives, together with the terms of the preferred capital, and the execution of cost reduction plans, do not alleviate substantial doubt about the Company’s ability to continue as a going concern.

    First Quarter 2025 Financial Results
    The table below outlines key results for the first quarter of 2025:

    All amounts in millions ($) Three Months Ended March 31,
        2025       2024  
    Revenue $ 9.5     $ 10.2  
    Cost of revenue   7.5       6.8  
    Gross Profit   2.0       3.4  
    Operating expenses   33.0       29.6  
    Net loss   (19.2 )     (25.5 )
    Adjusted EBITDA loss (1) $ (30.5 )   $ (22.1 )
                   

    (1)   See “Non-GAAP Financial Measures” and “Reconciliations of GAAP Net Loss to Adjusted EBITDA” sections herein for an explanation and reconciliations of non-GAAP measures used throughout this release.

    Revenue

    • Reported total revenue of $9.5 million for the first quarter of 2025 as compared to total revenue of $10.2 million for the first quarter of 2024. The decrease was driven primarily by lower biorefining and JDA & Contract Research revenues year-over-year, which were offset by a significant increase in CarbonSmart revenue:
      • Biorefining revenue for the first quarter of 2025 was $2.9 million as compared to $5.0 million for the first quarter of 2024. The year-over-year decrease was driven primarily by the first quarter of 2024 benefiting from engineering and other services contracts with existing customers which have since reached the completion of their current development phase.
      • JDA & Contract Research revenue for the first quarter of 2025 was $2.4 million as compared to $4.3 million for the first quarter of 2024. The year-over-year decline was attributable to the completion of certain government projects during 2024, compounded by a period of downtime prior to new projects commencing.
      • CarbonSmart revenue for the first quarter of 2025 was $4.2 million as compared to $0.9 million for the first quarter of 2024. The year-over-year increase was attributable to incremental direct fuel sales as a result of establishing licensing arrangements, identifying partners, and developing supply chain infrastructure during the third quarter of 2024.

    Cost of Revenue

    • For the first quarter of 2025, the cost of revenue was $7.5 million as compared to $6.8 million for the first quarter of 2024. The year-over-year increase was driven in part by a change in revenue mix related to a rise in revenue generated by CarbonSmart, which is a lower margin business as compared to biorefining and JDA & Contract Research. Additionally, the biorefining business experienced margin contraction during the first quarter of 2025 as compared to the same period in 2024 as a result of customer mix.

    Operating Expenses

    • For the first quarter of 2025, operating expenses were $33.0 million as compared to $29.6 million for the first quarter of 2024. The year-over-year increase was primarily driven by incremental costs associated with sharpening the business focus, streamlining operations, and evaluating strategic options.

    Net Loss

    • For the first quarter of 2025, net losses were $19.2 million as compared $25.5 million for the first quarter of 2024. Net loss decreased year-over-year primarily as a result of a $17.9 million non-cash gain on financial instruments being recorded in the first quarter of 2025, that was partially offset by expenses incurred associated with evaluating strategic options and a $6.5 million non-cash loss recorded related to equity method investees.

    Adjusted EBITDA Loss

    • For the first quarter of 2025, adjusted EBITDA loss was $30.5 million as compared to $22.1 million for the first quarter of 2024. The increase in adjusted EBITDA loss year-over-year was primarily attributable to higher selling, general and administrative expenses as a result of evaluating strategic options, along with lower revenue and higher cost of sales period-over-period.

    Balance Sheet and Liquidity
    As of March 31, 2025, LanzaTech had $23.4 million in total cash, restricted cash, and investments, compared to total cash of $58.1 million at the end of December 31, 2024. The Company subsequently closed $40 million of preferred equity capital in May of 2025.

    About LanzaTech
    LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein. Using its biorecycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. For more information about LanzaTech, please visit https://lanzatech.com.

    Forward Looking Statements
    This press release includes forward-looking statements regarding, among other things, the plans, strategies and prospects, both business and financial, of LanzaTech. These statements are based on the beliefs and assumptions of LanzaTech’s management. Although LanzaTech believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, LanzaTech cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or similar expressions. The forward-looking statements are based on projections prepared by, and are the responsibility of, LanzaTech’s management. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside LanzaTech’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements, including the Company’s ability to continue operations as a going concern; the Company’s ability to obtain the stockholder approvals necessary to consummate the subsequent equity financing contemplated by the Series A Convertible Senior Preferred Stock Purchase Agreement, dated May 7, 2025; the Company’s ability to attract new investors and raise substantial additional financing to fund its operations and/or execute on its other strategic options; the Company’s ability to regain compliance with the listing rules of Nasdaq and maintain the listing of its securities on Nasdaq; and the Company’s ability to achieve profitability. LanzaTech may be adversely affected by other economic, business, or competitive factors, and other risks and uncertainties, including those described under the header “Risk Factors” in its Form 10-K for the year ended December 31, 2024, its Form 10-Q for the quarter ended March 31, 2025 and in future SEC filings. New risk factors that may affect actual results or outcomes emerge from time to time and it is not possible to predict all such risk factors, nor can LanzaTech assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements attributable to LanzaTech or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. LanzaTech undertakes no obligations to update or revise publicly any forward-looking statements.

    Non-GAAP Financial Measures
    To supplement our financial statements presented in accordance with US GAAP and to provide investors with additional information regarding our financial results, we have presented adjusted EBITDA, a non-GAAP financial measure. Adjusted EBITDA is not based on any standardized methodology prescribed by US GAAP and is not necessarily comparable to similarly titled measures presented by other companies.

    We define adjusted EBITDA as our net loss, excluding the impact of depreciation, interest income, net, stock-based compensation expense, change in fair value of warrant liabilities, change in fair value of Brookfield SAFE liabilities, loss on Brookfield SAFE extinguishment, change in fair value of the FPA Put Option and Fixed Maturity Consideration liabilities, change in fair value of our outstanding convertible note and related transaction costs, change in fair value of Brookfield Loan and(loss) gain from equity method investees. We monitor adjusted EBITDA because it is a key measure used by our management and Board of Directors to understand and evaluate our operating performance, to establish budgets, and to develop operational goals for managing our business. We believe adjusted EBITDA helps identify underlying trends in our business that could otherwise be masked by the effect of certain expenses that we include in net loss. Accordingly, we believe adjusted EBITDA provides useful information to investors, analysts, and others in understanding and evaluating our operating results and enhancing the overall understanding of our past performance and future prospects.

    Adjusted EBITDA is not prepared in accordance with US GAAP and should not be considered in isolation of, or as an alternative to, measures prepared in accordance with US GAAP. There are a number of limitations related to the use of adjusted EBITDA rather than net loss, which is the most directly comparable financial measure calculated and presented in accordance with US GAAP. For example, adjusted EBITDA: (i) excludes stock-based compensation expense because it is a significant non-cash expense that is not directly related to our operating performance; (ii) excludes depreciation expense and, although this is a non-cash expense, the assets being depreciated and amortized may have to be replaced in the future; (iii) excludes gain or losses on equity method investee; and (iv) excludes certain income or expense items that do not provide a comparable measure of our business performance. In addition, the expenses and other items that we exclude in our calculations of adjusted EBITDA may differ from the expenses and other items, if any, that other companies may exclude from adjusted EBITDA when they report their operating results. In addition, other companies may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison.

     
    LANZATECH GLOBAL INC.
    CONSOLIDATED BALANCE SHEETS
    (Unaudited, in thousands, except share and per share data)
     
      March 31,   December 31,
        2025       2024  
    Assets      
    Current assets:      
    Cash and cash equivalents $ 13,778     $ 43,499  
    Held-to-maturity investment securities   7,411       12,374  
    Trade and other receivables, net of allowance   9,058       9,456  
    Contract assets   13,267       18,975  
    Other current assets   14,157       15,030  
    Total current assets   57,671       99,334  
    Property, plant and equipment, net   20,225       22,333  
    Right-of-use assets   28,482       26,790  
    Equity method investment         4,363  
    Equity security investment   14,990       14,990  
    Other non-current assets   4,467       6,873  
    Total assets $ 125,835     $ 174,683  
    Liabilities and Shareholders’ Equity      
    Current liabilities:      
    Accounts payable $ 6,434     $ 5,289  
    Other accrued liabilities   7,506       8,876  
    Warrants   549       3,531  
    Fixed Maturity Consideration and current FPA Put Option liability   4,123       4,123  
    Contract liabilities   5,291       6,168  
    Accrued salaries and wages   2,451       2,302  
    Current lease liabilities   166       158  
    Total current liabilities   26,520       30,447  
    Non-current lease liabilities   30,144       30,619  
    Non-current contract liabilities   5,433       5,233  
    FPA Put Option liability   30,015       30,015  
    Brookfield SAFE liability         13,223  
    Brookfield Loan liability   18,416        
    Convertible Note   15,969       51,112  
    Other long-term liabilities   512       587  
    Total liabilities   127,009       161,236  
           
    Shareholders’ Equity      
    Common stock, $0.0001 par value, 600,000,000 and 600,000,000 shares authorized; 197,897,580 and 194,915,711 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively   19       19  
    Additional paid-in capital   983,991       981,638  
    Accumulated other comprehensive income   3,648       1,393  
    Accumulated deficit   (988,832 )     (969,603 )
    Total shareholders’ equity   (1,174 )     13,447  
    Total liabilities and shareholders’ equity $ 125,835     $ 174,683  
     
    LANZATECH GLOBAL INC.
    CONSOLIDATED STATEMENTS OF OPERATIONS
    (Unaudited, in thousands, except share and per share data)
     
      Three Months Ended March 31,
        2025       2024  
    Revenues:      
    Contracts with customers and grants $ 3,057     $ 6,250  
    CarbonSmart product sales   4,204       863  
    Collaborative arrangements   1,050       2,223  
    Related party transactions   1,172       908  
    Total revenues   9,483       10,244  
    Costs and operating expenses:      
    Contracts with customers and grants(1)   2,902       4,998  
    CarbonSmart product sales(1)   4,136       919  
    Collaborative arrangements(1)   461       796  
    Related party transactions(1)   14       57  
    Research and development expense   16,494       17,061  
    Depreciation expense   781       1,530  
    Selling, general and administrative expense   15,748       11,037  
    Total cost and operating expenses   40,536       36,398  
    Loss from operations   (31,053 )     (26,154 )
    Other income (expense):      
    Interest income, net   438       1,148  
    Other income, net   17,918       179  
    Total other income, net   18,356       1,327  
    Loss before income taxes   (12,697 )     (24,827 )
    Income tax expense          
    Loss from equity method investees, net   (6,532 )     (681 )
    Net loss $ (19,229 )   $ (25,508 )
           
    Other comprehensive loss:      
    Changes in credit risk of fair value instruments   2,696        
    Foreign currency translation adjustments   (441 )     42  
    Comprehensive loss $ (16,974 )   $ (25,466 )
           
    Net loss per common share – basic and diluted $ (0.10 )   $ (0.13 )
    Weighted-average number of common shares outstanding – basic and diluted   196,514,267       196,974,508  
                   
    (1)   exclusive of depreciation              
     
    LANZATECH GLOBAL INC.
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited, in thousands)
     
      Three Months Ended March 31,
        2025       2024  
    Cash Flows From Operating Activities:      
    Net loss $ (19,229 )   $ (25,508 )
    Adjustments to reconcile net loss to net cash used in operating activities:      
    Share-based compensation expense   2,280       2,529  
    Gain on change in fair value of SAFE and warrant liabilities   (2,932 )     (13,277 )
    Loss on Brookfield SAFE extinguishment   6,216        
    Loss on change in fair value of the Brookfield Loan   11,426        
    Loss on change in fair value of the FPA Put Option and the Fixed Maturity Consideration liabilities         13,045  
    Gain on change in fair value of Convertible Note   (35,143 )      
    Provisions for losses on trade and other receivables, net of recoveries   126        
    Depreciation of property, plant and equipment   781       1,530  
    Amortization of discount on debt security investment   (37 )     (360 )
    Non-cash lease expense   490       496  
    Non-cash recognition of licensing revenue   (1,108 )     (641 )
    Loss from equity method investees, net   6,532       681  
    Unrealized (Gain)/Loss on net foreign exchange   275       (224 )
    Changes in operating assets and liabilities:      
    Accounts receivable, net   240       645  
    Contract assets   5,837       (1,029 )
    Accrued interest on debt investment   32       (177 )
    Other assets   895       (3,012 )
    Accounts payable and accrued salaries and wages   1,171       (2,207 )
    Contract liabilities   463       616  
    Operating lease liabilities   (467 )     (485 )
    Other liabilities   1,051       (911 )
    Net cash used in operating activities   (21,101 )     (28,289 )
    Cash Flows From Investing Activities:      
    Purchase of property, plant and equipment   (713 )     (1,480 )
    Proceeds from maturity of debt securities   5,000       10,700  
    Net cash provided by investing activities   4,287       9,220  
    Cash Flows From Financing Activities:      
    Proceeds from issue of equity instruments of the Company         234  
    Repurchase of equity instruments of the Company         (48 )
    Partial settlement of the Brookfield Loan   (12,500 )      
    Net cash (used in)/provided by financing activities   (12,500 )     186  
    Effects of currency translation on cash, cash equivalents and restricted cash   (389 )     48  
    Net decrease in cash, cash equivalents and restricted cash   (29,703 )     (18,835 )
    Cash, cash equivalents and restricted cash at beginning of period   45,737       76,284  
    Cash, cash equivalents and restricted cash at end of period $ 16,034     $ 57,449  
    Supplemental disclosure of non-cash investing and financing activities:      
    Acquisition of property, plant and equipment under accounts payable   255       141  
    Extinguishment of the Brookfield SAFE   13,274        
    Issuance of the Brookfield Loan   (19,490 )      
     
    LANZATECH GLOBAL INC.
    Reconciliation of GAAP Net Loss to Adjusted EBITDA
    (Unaudited, in thousands)
     
      Three Months Ended March 31,
        2025       2024  
    Net Loss $ (19,229 )   $ (25,508 )
    Depreciation   781       1,530  
    Interest income, net   (438 )     (1,148 )
    Stock-based compensation expense and change in fair value of Brookfield SAFE and warrant liabilities (1)   (652 )     (10,748 )
    Loss on Brookfield SAFE extinguishment   6,216        
    Change in fair value of the FPA Put Option and Fixed Maturity Consideration liabilities (net of interest accretion reversal)         13,045  
    Change in fair value of Convertible Note and related transaction costs   (35,143 )      
    Change in fair value of Brookfield Loan   11,426        
    Loss from equity method investees, net   6,532       681  
    Adjusted EBITDA $ (30,507 )   $ (22,148 )
     
    (1)   Stock-based compensation expense represents expense related to equity compensation plans.

    Investor Relations Contact
    Kate Walsh
    VP, Investor Relations & Tax
    Investor.Relations@lanzatech.com

    The MIL Network

  • MIL-OSI: Infinium will deploy Electric Hydrogen’s electrolyzer plant at large-scale eFuels facility in Texas

    Source: GlobeNewswire (MIL-OSI)

    PECOS, Texas, May 19, 2025 (GLOBE NEWSWIRE) — Electric Hydrogen, an American manufacturer of high-power electrolyzer plants, announced today that Infinium, a leading producer of commercial eFuels, has selected Electric Hydrogen’s 100 megawatt (MW) HYPRPlant for its large-scale eFuels facility in Texas, Project Roadrunner.

    Electric Hydrogen’s HYPRPlant is a complete solution that lowers hydrogen total installed project cost by up to 60% relative to other electrolyzer solutions. The company manufactures HYPRPlants in the United States: its proprietary electrochemical stacks are built in Electric Hydrogen’s Massachusetts gigafactory while the chemical process modules are manufactured in Texas, drawing on strong local expertise from the oil and gas industry. Electric Hydrogen’s innovative technology and modular manufacturing approach make the HYPRPlant less expensive and more reliable than imported Chinese product, enhancing American energy technology leadership and competitiveness.

    “We are very pleased to be working with Electric Hydrogen and have been impressed with the HYPRPlant design and commercial package,” said Robert Schuetzle, CEO of Infinium. “Low-cost renewable hydrogen is a critical component to eFuel production, and the industry needs the kind of innovation and thoughtful execution we have seen from Electric Hydrogen.”

    Once production begins, Project Roadrunner—expected to be the largest eFuels production facility in the world—will produce sustainable aviation fuel (eSAF), eDiesel and eNaphtha from CO2, power and water for the aviation, heavy-duty trucking, plastics and maritime sectors. The project will bolster American technological advances and bring skilled jobs and economic growth to West Texas. Many of those workers are expected to bring skills and expertise they developed in the oil and gas sector. The facility is projected to commence commercial e-fuels production in 2027.

    “This cutting-edge project exemplifies how low-cost, industrial-scale clean hydrogen production will drive new markets for American-made fuels and support the buildout of domestic manufacturing facilities,” said Raffi Garabedian, Electric Hydrogen’s CEO and Co-founder. “We’re honored to be selected as Infinium’s electrolyzer manufacturer of choice.”

    Brookfield Asset Management and Breakthrough Energy Catalyst are financing partners for Infinium’s Project Roadrunner, making it the world’s first large-scale project-financed eFuels project. The project will supply sustainable aviation fuel over a 10-year period to International Airlines Group (IAG), one of the largest airline companies in the world through subsidiaries Aer Lingus, British Airways, Iberia, LEVEL and Vueling.

    This project announcement follows the unveiling of HYPRPlant, the announcement of Electric Hydrogen’s strategic partnership with Texas-based Titan Production Equipment and the company’s selection as Uniper’s exclusive electrolysis partner for the 200MW Green Wilhemshaven project in Northern Germany.

    To learn more about Electric Hydrogen’s HYPRPlant, visit https://eh2.com/.

    About Electric Hydrogen 
    Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers to make clean hydrogen projects economically viable today. The company’s complete HYPRPlant includes all system components required to turn water and electricity into the lowest cost clean hydrogen. Electric Hydrogen has a team of more than 300 people in the United States and Europe. The company was founded in 2020 and is headquartered in Devens, Massachusetts. To learn more about how critical industries leverage Electric Hydrogen’s advanced proton exchange membrane (PEM) technology, visit https://eh2.com/.

    About Infinium
    Infinium is a leading provider of gas conversion solutions and developer of eFuels projects. Our offerings include ultra-low carbon synthetic eFuels, solutions enabling monetization of flare gas and RNG, and patented technology designed to support the rapidly evolving energy industry. Infinium is a company of “firsts”—the first to produce commercial volumes of power-to-liquid clean eFuels; the first to develop and deploy modular gas conversion technology; and the only clean fuels innovator offering end-to-end solutions to customers at every step in their energy journey. Industry leaders including Amazon, American Airlines, Borealis and IAG are customers of Infinium. Learn more at www.infiniumco.com.

    Contact
    V2 Communications for Electric Hydrogen
    electrichydrogen@v2comms.com

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3117612d-0390-47a5-95db-6815670b9948

    https://www.globenewswire.com/NewsRoom/AttachmentNg/99612c8f-dd87-434c-af24-cb006611fd8a

    The MIL Network

  • MIL-OSI United Kingdom: expert comments on prostate cancer – symptoms, diagnosis, and treatment

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on the symptoms, diagnosis and treatment of prostate cancer, following Joe Biden’s diagnosis.

    Ben Lamb, Consultant Urological and Robotic Surgeon, Barts Health and UCLH NHS Trusts, and Clinical Senior Lecturer, Barts Cancer Institute, Queen Mary University of London (QMUL), said:

    “Most prostate cancer (around 4/5) in the UK is diagnosed before it is metastatic, with 1/5 diagnosed with metastatic disease. There is regional variation with the highest rates of diagnosis of metastatic disease in parts of Scotland, and the lowest in London and southeast of England. Late stage cancer can also include stage 3, where the cancer has broken out of the prostate, but not yet spread to other organs. Late diagnosis is linked to deprivation, ethnicity and older men.

    “Diagnosis for most men is triggered by urinary symptoms causing them to seek help from their GP. In later stage disease, some men may have symptoms from metastatic disease, such as fatigue, bone pain or weight loss. Lymph node spread can cause blockage of the kidneys with renal failure and leg swelling. If the prostate tumour is large, it can cause bladder symptoms, though in most men in general, these are from benign enlargement of the prostate as men age.

    “To diagnose, GPs will usually undertake a PSA test and refer to hospital care if it is elevated. Many men then get an MRI scan and if suspicious, they are recommended to have a prostate biopsy. Some men, particularly those with suspicion of metastatic disease may need other scans such as a bone scan, CT scan or PET scan to stage the disease (understand if there is spread from the prostate).

    “An aggressive cancer means it is more likely to develop and spread, more likely to need treatment, and less likely to be cured by treatment.

    The Gleason score is a grading score given by pathologists to prostate biopsy samples under the microscope. It is strongly liked to the ‘aggressiveness’ of the cancer and the chance of dying of prostate cancer. The lowest score is 6 and the highest 10. We have recently shifted to using the ISUP grade group scoring, which goes from 1-5, and is easier to understand. Gleason 9 translates to ISUP grade group 5.

    Metastatic prostate cancer is primarily treated with hormone therapy. Prostate cancer depends on testosterone to grow, and by blocking testosterone production and action, the cancer can be effectively treated but not cured. Additional modern hormone drugs (known as ARTA’s) are given in addition, and these are known to prolong survival. Chemotherapy can also be given.”

    Declared interests

    None received.

    MIL OSI United Kingdom

  • MIL-OSI Russia: NSU Humanitarian Institute teacher Natalia Kirillovna Timofeeva has passed away

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    Relatives, friends, colleagues and students mourn the death of one of the oldest teachers Humanitarian Institute Candidate of Historical Sciences, Associate Professor Natalia Kirillovna Timofeeva (09.20.1944 – 05.17.2025).

    A student of the famous Etruscan scholar A.I. Nemirovsky, she graduated from the history department of the humanities faculty of NSU in 1968, from 1974 she worked in the department of general history, and from 2008 – in the department of ancient literatures and literary source studies.

    Colleagues and students remember Natalia Kirillovna as an extremely erudite specialist, a very modest and kind person, and a wonderful lecturer who knew how to ignite and inspire her listeners. She was at the origins of the specialization in Italian language and culture, which was carried out at NSU for many years.

    Natalia Kirillovna did a lot to popularize scientific knowledge in the form of special courses and open lectures, taught classes at the Orthodox Gymnasium in the name of St. Sergius of Radonezh. Historians, philologists and journalists attended her courses in Italian and Latin, history and literature, culture and art of Ancient Greece, Ancient Rome and Byzantium, the European Renaissance.

    The memory of all who knew Natalya Kirillovna will forever remain the charm of her deep mind and the human warmth that she radiated.

    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 Russia: Huawei Introduces Laptops Based on Its Own Operating System

    Translation. Region: Russian Federal

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

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

    CHENGDU, May 19 (Xinhua) — Chinese tech giant Huawei on Monday unveiled two new laptops powered by its own operating system (OS) HarmonyOS, marking the debut of the company’s proprietary OS in the personal computer (PC) market.

    The launch of PC models like the Huawei MateBook Pro and MateBook Fold Ultimate Design signal the company’s intention to expand the reach of HarmonyOS beyond smartphones and tablets, entering the PC market that has been dominated for decades by Microsoft Windows and Apple macOS.

    At a launch event in Chengdu, capital of Sichuan Province, southwest China, Huawei CEO Yu Chengdong said that through the deep integration of software, hardware, end devices and cloud technologies, computers based on HarmonyOS will fundamentally change the user experience of using a PC.

    HarmonyOS, or Hongmeng in Chinese, is an open-source operating system designed for a variety of devices and scenarios, including smart screens, tablets, wearables, and cars. It was first launched in August 2019. -0-

    MIL OSI Russia News

  • MIL-OSI Europe: OSCE strengthens Montenegro’s border security with training on arms and human trafficking

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE strengthens Montenegro’s border security with training on arms and human trafficking

    Participants in an OSCE training for Montenegrin border and criminal police officers on combating arms and human trafficking, Bar, 13 May 2025. (OSCE/Katerina Koci) Photo details

    The OSCE is helping strengthen Montenegro’s ability to combat arms and human trafficking through targeted training for border and criminal police officers. From 13 to 16 May in Bar, Montenegro, the OSCE Transnational Threats Department (TNTD), in close co-ordination with the OSCE Mission to Montenegro, trained 15 officers from Montenegro’s Police Directorate as part of its ongoing support for border security and management.
    The course marked another deployment of the OSCE-led Mobile Training Team (MTT). It brought together expert trainers from the national police forces of North Macedonia and Tunisia, the OSCE Forum for Security and Co-operation, and INTERPOL’s I-Force Project as well as national experts from the Ministry of the Interior, the criminal police and the Forensic Centre of Montenegro, along with representatives from the US Embassy including the Director of its Bureau of International Narcotics and Law Enforcement Affairs.
    “This course is part of our long-standing support to participating States in strengthening border security in a human right-based way. Montenegro’s location, bordering the Schengen area, places it at a crucial juncture in the regional and European security landscape: a place where threats can be intercepted, co-operation can begin, and resilience is built,” highlighted Siv-Katrine Leirtroe, Head of TNTD’s Border Security and Management Unit.
    Participants took part in hands-on scenario-based exercises, real-life operational case studies and theoretical sessions tailored to Montenegro’s context. The training focused on detecting and responding to indicators of trafficking in human beings using a victim-centred approach. The segment on arms trafficking furthermore explored Montenegro’s national profile and regional trafficking trends, introducing international tools such as INTERPOL’s iARMS database. The course promoted stronger interagency co-operation and emphasized human rights principles as well as gender- and age-sensitive approaches in border security controls.
    “For Montenegro, the fight against trafficking in weapons and human beings is a key priority in safeguarding national and regional security. Only through co-ordinated efforts, information exchange, and continuous training can we effectively respond to threats that undermine the rule of law and the safety of our citizens,” said Predrag Savovic, Senior Police Inspector, Head of the Small Arms and Light Weapons Commission of Montenegro. 
    This training course is part of the OSCE extrabudgetary project “Training and Deployment of OSCE Mobile Training Team to Better Address Challenges in Identifying the Cross-Border Movement of Foreign Terrorist Fighters and Other Cross-Border Crimes in the OSCE Area–Phase II”, funded by Germany and the United States.

    MIL OSI Europe News

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – DALATA HOTEL GROUP PLC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    IRISH TAKEOVER PANEL

    OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER
    RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER
    RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT
    SECURITIES REPRESENTING 1% OR MORE

    1. KEY INFORMATION  
       
    (a) Full name of discloser Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a)
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates
    Use a separate form for each offeror/offeree
    Dalata Hotel Group PLC  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree    
    (e) Date position held/dealing undertaken
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    16 May 2025  
    (f) In addition to the company in 1(c) above, is the discloser also making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    N/A  
       
    2. INTERESTS AND SHORT POSITIONS  
       
    If there are interests and short positions to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2 for each additional class of relevant security  
    Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security $0.01 ordinary shares (IE00BJMZDW83)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled 4,936,564 2.33 %      
    (2) Cash-settled derivatives          
    (3) Stock-settled derivatives (including options) and agreements to purchase/ sell          
      Total 4,936,564 2.33 %      
       
       
    All interests and all short positions should be disclosed.

    Details of options including rights to subscribe for new securities and any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8.

     
       
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
    $0.01 ordinary shares (IE00BJMZDW83) Purchase 6,284 5.3743 EUR  
    There was a Transfer In of 3,580 shares of $0.01 ordinary shares  
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/ closing a long/ short position, increasing/ reducing a long/ short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including transactions in respect of new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion, exercise Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer.
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.  
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 attached? NO  
       
    Date of disclosure 19 May 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8.3 of the Rules must be made to a Regulatory Information Service.

    The MIL Network

  • MIL-OSI China: China-Cambodia “Golden Dragon 2025” joint exercise kicks off 2025-05-19 18:35:04 The China-Cambodia “Golden Dragon 2025” joint exercise kicked off at the Military Police Training Center of the Royal Cambodian Armed Forces (RCAF) in Kampong Chhnang Province in Cambodia on the morning of May 17.

    Source: People’s Republic of China – Ministry of National Defense

      BEIJING, May 19 — The China-Cambodia “Golden Dragon 2025” joint exercise kicked off at the Military Police Training Center of the Royal Cambodian Armed Forces (RCAF) in Kampong Chhnang Province in Cambodia on the morning of May 17.

      Under the theme of “peace, friendship, and cooperation”, this year’s joint exercise focuses on the topic of joint counter-terrorism and humanitarian relief operations.

      The exercise will be conducted in two domains, namely naval and air operations as well as land and air operations, and adopts a mixed training approach. It involves three phases including adaptive training, command drills, and live drills, aiming to enhance the joint operational capabilities of the two militaries in combating terrorism.

      On May 18, the Chinese naval amphibious dock landing ship Changbaishan (Hull 989), the guided-missile frigates Panzhihua (Hull 621) and Guangyuan (Hull 649), conducted open ship day activities. Subsequently, the Chinese participating troops will also carry out other activities such as medical outreach, as well as educational assistance through donations.

      On May 18, the two sides’ participating troops conducted mixed-group joint training on such subjects as coordination among assault vehicle crews, fast roping, and unmanned equipment operations to strengthen their tactical collaboration.

      The China-Cambodia “Golden Dragon” series of joint exercises, as a regular military cooperation program between the two countries and two militaries, has been successfully held six times before. This year’s joint exercise relies on the China-Cambodia joint logistics and training center at the Ream Naval Base to support the maritime exercise for the first time. For the first time, China sent air force helicopters and radar troops to participate in cross-border joint exercise.

      The joint exercise between the two militaries will make a positive contribution to promoting pragmatic cooperation and the building of an all-weather China-Cambodia community with a shared future in the new era.

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    MIL OSI China News

  • MIL-OSI United Kingdom: PM secures new agreement with EU to benefit British people

    Source: United Kingdom – Executive Government & Departments

    News story

    PM secures new agreement with EU to benefit British people

    UK secures new agreement with the European Union to support British businesses, back British jobs, and put more money in people’s pockets.

    • UK secures new agreement with the European Union to support British businesses, back British jobs, and put more money in people’s pockets.
    • Package will help make food cheaper, slash red tape, open up access to the EU market and add nearly £9 billion to the UK economy by 2040.
    • Prime Minister hails agreement as ‘good for jobs, good for bills, and good for our borders’.

    The Prime Minister has today confirmed a new agreement with the European Union which will deliver on his core mission to grow the economy, back British jobs and put more money in people’s pockets.

    Extensive negotiations over the last six months have led to the third major deal struck by the government in as many weeks, following the US and India – which the Prime Minister says will be “good for jobs, good for bills and good for our borders”.

    As part of the deal, a new SPS agreement will make it easier for food and drink to be imported and exported by reducing the red tape that placed burdens on businesses and led to lengthy lorry queues at the border. This agreement will have no time limit, giving vital certainty to businesses.

    Some routine checks on animal and plant products will be removed completely, allowing goods to flow freely again, including between Great Britain and Northern Ireland. Ultimately this could lower food prices and increase choice on supermarket shelves – meaning more money in people’s pockets. 

    The EU is the UK’s largest trading partner. After the 21% drop in exports and 7% drop in imports seen since Brexit, the UK will also be able to sell various products, such as burgers and sausages, back into the EU again, supporting these vital British industries.

    Closer co-operation on emissions through linking our respective Emissions Trading Systems will improve the UK’s energy security and avoid businesses being hit by the EU’s carbon tax due to come in next year – which would have sent £800 million directly to the EU’s budget.

    Combined, the SPS and Emissions Trading Systems linking measures alone are set to add nearly £9 billion to the UK economy by 2040, in a huge boost for growth.

    British steel exports are protected from new EU rules and restrictive tariffs, through a bespoke arrangement for the UK that will save UK steel £25 million per year.  

    The UK will enter talks about access to EU facial images data for the first time, on top of the existing arrangements for DNA, fingerprint and vehicle registration data. This will enhance our ability to catch dangerous criminals and ensure they face justice more quickly. 

    British holidaymakers will be able to use more eGates in Europe, ending the dreaded queues at border control. Pets will also be able to travel more easily, with the introduction of ‘pet passports’ for UK cats and dogs – eliminating the need for animal health certificates for every trip.

    Prime Minister Keir Starmer will say:

    It’s time to look forward. To move on from the stale old debates and political fights to find common sense, practical solutions which get the best for the British people.

    We’re ready to work with partners if it means we can improve people’s lives here at home.

    So that’s what this deal is all about – facing out into the world once again, in the great tradition of this nation. Building the relationships we choose, with the partners we choose, and closing deals in the national interest. Because that is what independent, sovereign nations do.

    Today will also see the agreement of the new Security and Defence Partnership, which will pave the way for the UK defence industry to participate in the EU’s proposed new £150 billion Security Action for Europe (SAFE) defence fund – supporting thousands of British jobs and boosting growth.

    At a time of increasing global uncertainty and volatility, this will formalise UK-EU co-operation on defence to ensure Europe’s safety and security.

    Minister for European Union Relations and lead Government negotiator, Nick Thomas-Symonds said:

    Today is a historic day, marking the opening of a new chapter in our relationship with the EU that delivers for working people across the UK.

    Since the start of these negotiations, we have worked for a deal to make the British people safer, more secure and more prosperous. Our new UK-EU Strategic Partnership achieves all three objectives. It delivers on jobs, bills and borders. Today is a day of delivery. Britain is back on the world stage with a Government in the service of working people.

    The UK and the EU have also agreed to co-operate further on a youth experience scheme – which could see young people able to work and travel freely in Europe again. The scheme, which would be capped and time-limited, would mirror existing schemes the UK has with countries such as Australia and New Zealand.

    The Prime Minister is clear that bringing down migration remains an absolute priority for him, which is why today’s agreement also majors on further work on finding solutions to tackle illegal migration – including on returns and a joint commitment to tackle channel crossings.

    The UK and EU have also reached a new twelve year agreement that protects Britain’s fishing access, fishing rights and fishing areas with no increase in the amount of fish EU vessels can catch in British waters, providing stability and certainty for the sector. The UK will also back coastal communities by investing £360 million into our fishing industry to go towards new technology and equipment to modernise the fleet, training to help upskill the workforce, and funding to help revitalise coastal communities, support tourism and boost seafood exports. The British fleet will also benefit from the SPS agreement which slashes costs and red tape to help exports.

    This agreement meets the red lines set out in the government’s manifesto – no return to the single market, no return to the customs union, and no return to freedom of movement.

    The UK will continue to hold talks with the European Union on the details of each commitment.

    Updates to this page

    Published 19 May 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Professor Nick Webborn has been appointed as Chair of UK Sport.

    Source: United Kingdom – Executive Government & Departments

    News story

    Professor Nick Webborn has been appointed as Chair of UK Sport.

    The Secretary of State has appointed Professor Nick Webborn as the Chair of UK Sport for a term of four years, which will commence on 22 May 2025

    Professor Nick Webborn 

    Professor Nick Webborn CBE DL has a lifetime’s experience in high performance sport as an athlete, medical director, clinician, researcher and most recently as Chair of the British Paralympic Association. 

    As a world leading expert in sport and exercise medicine, Nick has worked on 13 Paralympic Games and has decades of experience in providing performance support to British athletes. He was also Chief Medical Officer for Paralympics GB at the London 2012 Paralympics and for the Invictus Games 2014. In the former role, Nick helped develop the winning bid for London 2012 and played a critical role in the delivery of athlete healthcare services for the Games. 

    Since then, Nick has gone on to become one of the UK’s most prominent sport administrators. As Chair of the BPA, Nick played a critical role in leading the organisation through a period of change as they delivered a new 10 year strategy which sustained Paralympics GB’s position near the top of successive Paralympic medal tables, whilst embedding social impact as a cornerstone of their work. Nick is also incredibly experienced in the world of international sport, having served on the Medical and Anti-Doping Committees of the International Paralympic Committee.

    In 2016, Nick was awarded an OBE for services to Paralympic Sports Medicine and the British Paralympic Association and a CBE in the 2022 New Years Honours List for services to Sport and Sports Medicine.

    Nick is delighted to have been appointed as Chair of UK Sport and looks forward to leading the organisation to deliver the next phase of its Strategic Plan, ensuring the positive future of Olympic and Paralympic sport and major sporting events in the UK.

    Nick continues to practice in the field of Sport and Exercise Medicine and has published over 100 peer reviewed articles and book chapters.

    Nick Webborn said:

    “It is a great honour to be appointed as Chair of UK Sport and to have the opportunity to continue the work of my predecessor, Dame Katherine Grainger, who I have had the privilege to work alongside over the last eight years. 

    Having spent much of my life in high performance sport, I know how much the UK public value the Olympic and Paralympic success that our wonderful sports and athletes have achieved over the last 25 years and how much the UK is respected as a host of sporting events.

    However, I also know that our sporting success is not guaranteed in the face of mounting global competition. I therefore look forward to working with the incredibly talented people we have across the UK sporting system to deliver continued success on the field of play and to unite, inspire and excite people all across the nation.”

    Sally Munday, Chief Executive of UK Sport, said:

    “We are absolutely delighted to welcome Nick to the UK Sport team. His decades of experience in high performance sport mean that he is perfectly positioned to Chair UK Sport through the next phase of the delivery of our ten year strategic plan and to drive the system change needed to continue a positive future for Olympic and Paralympic sport and major sporting events in the UK. 

    I know that people across the Olympic and Paralympic sport community in the UK will join me in giving Nick a very warm welcome to his exciting new role”.

    Secretary of State for Culture, Media and Sport, Lisa Nandy said: 

    “I am delighted to welcome Professor Nick Webborn as the new Chair of UK Sport. His expertise in sports medicine and sports administration will bring invaluable perspective to this role. 

    “Nick’s leadership will be crucial as UK Sport continues its efforts to grow Olympic and Paralympic sports, while continuing work with government to cement the UK’s position as a world-leading host of prestigious competitions that leave lasting legacies in communities across the country.”

    Remuneration and Governance Code

    Chair of UK Sport is remunerated at £40,000 per year. This appointment has been made in accordance with the Cabinet Office’s Governance Code on Public Appointments.

    The appointments process is regulated by the Commissioner for Public Appointments. Under the Code, any significant political activity undertaken by an appointee in the last five years must be declared. This is defined as including holding office, public speaking, making a recordable donation, or candidature for election. Professor Nick Webborn has not declared any significant political activity.

    Updates to this page

    Published 19 May 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Charting Our Galaxy’s Extreme Center

    Source: US State of Connecticut

    Earth – our tiny blue dot in the galaxy – is approximately 26,000 light years away from a fascinating and active region of the Milky Way called the Central Molecular Zone (CMZ). This region holds clues about how stars are born, how energy moves through our galaxy, and maybe even some details about dark matter. 

    However, analyzing this area is challenging, because we do not have a clear top-down view of the Milky Way. UConn’s Milky Way Laboratory, headed by the Department of Physics Associate Professor Cara Battersby, present their comprehensive analysis and 3-dimensional top-down model of the CMZ in a series of four papers in the Astrophysical Journal 

    The CMZ is a region of extremes and complexity, but it is also the only CMZ we can study in detail.

    “We like to call the CMZ the way station of the galaxy: between gas that’s flowing in from the disc of the galaxy along dust lanes into the CMZ,” Battersby says. “That gas either remains in the CMZ and orbits around the center of the galaxy, where it sometimes forms stars, or it can travel onwards to the supermassive black hole at the center of the galaxy.”  

    One question Battersby is interested in learning more about is when the Milky Way’s supermassive black hole, called Sagittarius A, “feeds” or actively accretes material. As a galactic way station, the CMZ controls when and if those materials travel to the black hole. Making direct observations to answer this question is tricky because the CMZ is home to lots of gas, dust, and stars, along with the fact that we are very far away and can only see it from the side.

    “To understand how our own CMZ regulates this gas inflow, we need a top-down picture,” Battersby says. “We probably have hundreds of thousands of images of our galactic center, all in this sideways perspective. We can learn everything we want about these clouds, but if you don’t know which ones are flowing toward the black hole or which ones are orbiting, then you can’t really say anything about how the CMZ regulates this gas flow. We can do a better job of modeling the three-dimensional gas distribution.”  

    In this series of papers, Battersby’s research group takes all available evidence to measure and catalog aspects of the clouds in this region of the galaxy to create the best possible top-down three-dimensional view of the CMZ.  

    The first step was to compile a comprehensive catalog of structures in the CMZ and to measure their physical and kinematic properties, such as mass, radii, temperature, and velocity dispersion, described in papers one and two.

    With these comprehensive catalogs, the next two papers focus on the small-scale structures within the catalog, which are thought to be individual molecular clouds that may be the birthplaces of clusters of stars, says Battersby. The third paper was led by former post-doctoral fellow Daniel Walker and the fourth paper was led by current Ph.D. student Dani Lipman.

    The galactic center is very bright and emits light at many wavelengths, therefore, the properties of the molecular clouds give clues about their location within it. The researchers used different approaches to measure and determine which clouds are in front of or behind the galactic center.

    “These molecular clouds are places where stars form only when the gas is very dense and very cold, and much of the gas in the galactic center is hot and diffuse,” Battersby says. “These cocoons of cool, dense gas mean that when they’re in front of the galactic center, they absorb the bright light from the galactic center, and they look like shadows. On the other hand, if those clouds are behind the galactic center, then this light passes through, and the clouds don’t block that light at all.”

    The researchers developed new techniques to measure how much light is blocked by the molecular clouds with the assumption that if a lot of light is blocked, it is likely that the cloud is in front of the galactic center.

    “Papers three and four use two different techniques. Paper three focuses on radio wavelengths of light, and it focuses on the molecular clouds absorbing the radio wavelengths. Paper four focuses on infrared dust extinction and details a careful technique to measure the “shadow” based on the properties of the cloud, thereby quantifying the likelihood that it’s either in front of or behind the Galactic Center,” says Battersby.

    A far-infrared Herschel image of our Galaxy’s Central Molecular Zone (CMZ) reveals a bright and dense ring of molecular gas and dust encircling our supermassive black hole, SgrA*. This image reveals our view of the Galaxy’s Center as seen from Earth. Researchers in the 3-D CMZ project used these data, plus radio, infrared, and submilleter data to quantify the likelihood of each cloud being either in front of or behind SgrA*. Researchers then used these likelihoods to test current theories of the 3-D structure of our Galaxies center and to present a new model of the 3-D structure of the CMZ. This image shows Herschel data of the inner 7 degrees of the Galaxy, with red showing 350 micron emission, green 160 micron, and blue 70 micron emission. At the approximate distance of the Galactic Center, this image shows approximately the inner 1 kpc (or about 3,200 light years) while the CMZ itself is about the inner 550 pc (or about 1,800 light years). (Contributed image)

    Next, the researchers modeled what their data suggested was happening in the CMZ and compared that to existing models of what the galactic center may look like from the top down.

    There were three predominant models of what our galactic center may look like, and Battersby says the locations of the molecular clouds the group mapped vary quite a bit across the different existing models. By accounting for the dynamic movements of various clouds, the researchers found existing models lacked this complexity and more work is needed to study the flow of gas in the CMZ.

    “Paper three presented a new simple ellipse model that is a slightly better fit than the previous models. Dani Lipman is currently drafting paper five that presents a quantitative best-fit model of the top-down view of our Galaxy’s CMZ, which includes the release of public code so future researchers can continue to improve our top-down model of the CMZ as new data arrives.”

    Lipman says that paper five aims to combine any available data to determine the most likely position of a given cloud in front of or behind Sagittarius A*. These positions are then used to find a best fitting top-down model for the CMZ. The model is continually updated and improved as more data becomes available,

    “Modern science is wonderfully collaborative, so releasing our code is a huge part of engaging in the community and offering resources to new scientists and students who are eager to join in answering these questions,” says Lipman.

    This series of papers is a major step forward in understanding the 3-D structure of our Galaxy’s CMZ and enables researchers, like Battersby’s Milky Way Lab, to start answering pressing questions about our galaxy,

    “The CMZ provides ‘close’ access to extreme phenomena seen throughout the Universe, such as an accreting supermassive black hole, and star formation in a highly turbulent environment,” says Battersby. “Knowing the 3-D structure is essential to tracing flows towards the black hole as well as testing theories of star formation in an extreme environment, because you need to know where everything is in this dynamic environment.”

    This work is supported by the National Science Foundation through Award Nos. 1816715, 2206510, and CAREER 2145689. Further details, including a narrated guided tour of the CMZ, can be found on the 3-D CMZ project website

    MIL OSI USA News

  • MIL-OSI Security: Man who fled abroad found guilty of manslaughter

    Source: United Kingdom London Metropolitan Police

    A man who fled abroad following the fatal stabbing of a teenager in Finsbury Park has been convicted of manslaughter.

    After a six-week trial at Isleworth Crown Court, Kevin Peraj, 23, was found guilty on Friday, 16 May of killing 19-year-old Ahmed Habib under joint enterprise.

    He was brought to justice following a detailed Metropolitan Police investigation, which included reviewing hundreds of hours of CCTV and extensive enquiries within the UK and abroad.

    Detective Inspector Brett Hagen, who led the investigation, said: I would like to pay my respects to Ahmed’s family, I am, once again, very sorry for your loss. I hope this result, and that Peraj will now face the consequences of his actions, brings some small comfort.

    “Our investigation into the events of that day continues as at least one other man was involved in the attack.

    “I am keen to hear from anyone who may have any information, no matter how small. Please think back to when this happened and come forward if you have any information that may help our investigation.”

    Detectives launched an investigation after receiving reports at about 02:50hrs on Thursday, 11 July 2024 of two men injured in a car in Stroud Green Road, at the junction of Tollington Park, N4.

    Officers, London Ambulance Service and medics from London’s Air Ambulance all attended and found Ahmed, the driver, suffering from stab injuries. Despite the best efforts of the emergency services, he sadly dead at the scene. The injuries of the second man, aged 21, in the car were not life-threatening.

    Detectives established the two men sustained their injuries in Seven Sisters Road close to Yonge Park before driving to Stroud Green Road where the car came to a stop.

    After reviewing many hours of footage, detectives found CCTV that captured Peraj approaching the vehicle and attacking the passenger in the car.

    In an attempt to escape police, on the night of the murder Peraj tried to flee the country. He made his way to Heathrow Airport, but was too late and missed his flight.

    Instead he left the UK via the Eurotunnel and headed to Albania.

    Quick time enquiries had led officers to identify Peraj, [8.7.01] of Islip Street, NW5. He contacted police after a warrant was issued at his family address and was arrested upon his return to the UK on Tuesday, 16 July.

    He was interviewed and charged with murder the following day under joint enterprise, before his conviction for manslaughter. The motive for the attack remains unclear.

    Peraj will be sentenced at Isleworth Crown Court on Friday, 1 August.

    Officers believe Peraj was acting with another man – anyone with information asked to call 101 or ‘X’ @MetCC and give reference 873/11July2024.

    You can also provide information anonymously to the independent charity Crimestoppers on 0800 555 111.

    MIL Security OSI

  • MIL-OSI United Kingdom: Cutting edge sustainable tech: the Servita supplier story 

    Source: United Kingdom – Executive Government & Departments

    Case study

    Cutting edge sustainable tech: the Servita supplier story 

    Servita specialises in helping organisations transform so they can thrive at the forefront of science and technology. 

    When Servita set up in the UK in 2016, it had a team of around 30. Now it’s 180 and counting. 

    Servita specialises in helping organisations transform through technology so they can overcome entrenched ways of working and operations. 

    UK managing director Rich Story said: “Keeping ourselves and our customers at the forefront of science and technology, whilst remembering it is people that remain at the centre of transformation, is our modus operandi.”

    Servita’s key capabilities including user-centred design, where the company has strong links to the Government Digital Service, and expertise in advanced, highly secure, high performance and sustainable cloud-hosted solutions. Sustainable cloud and carbon net zero are part of Servita’s core technical architecture principles.  

    Artificial intelligence, machine learning and natural language processing are also strong competencies and people in the team have published research papers with Harvard University on natural language and semantic programming. 

    Servita has been active in the Vivace community since 2020. 

    Explaining what attracted the company to the Accelerated Capability Environment (ACE), Story said: “A community of suppliers that gets access to novel problems at the heart of government, facilitated by an organisation that seeks to create an environment to innovate whilst keeping a firm eye on time, cost and outcomes – it really chimed with us.”

    One early major project was working as part of the ACE core team on the UK government’s Covid response, helping drive an innovation agenda as part of strategic objectives. Story said: “Despite the backdrop it was one of the best things I’ve been part of during my career.”

    For a health commission, Servita delivered a digital tool capable of measuring and reporting digital deficit, so an organisation could understand where it stands digitally in relation to industry standards, and how much it would cost to get to where it needs to be. 

    Servita also remains an integral part of ACE’s wider NHS work, where it built and currently maintains a national data information exchange that links all of the secondary care landscape in England to the NHS App. 

    Story said: “We love the efficiency in tendering and speed to impact for delivery. ACE looks to deliver outcomes in 12-15 weeks which is good for government and the taxpayer. 

    “Most of all we love the types of projects ACE give us access to. As a business it’s led to us having some of our best case references and it’s critical for us to be able to give our staff access to projects that really make a difference as it gives us an identity and sense of pride.”

    He added: “Our mission statement is to keep ourselves and our partners at the cutting edge of science and technology with a focus on sustainable solutions for good and delivery excellence. 

    “I can honestly say that ACE and Vivace have enabled us to stay true to this by virtue of the novel and important problem spaces that they give us access to. ACE has introduced us to new customers and also to other like-minded suppliers that we have forged valuable relationships with. 

    “These things have all been significant in shaping our business.”

    Updates to this page

    Published 19 May 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Surprise meerkat pups welcomed at Tropical World

    Source: City of Leeds

    A meerkat surprised staff at the Leeds zoo with two little babies last month and keepers are saying mum is keen to show them off to the world.

    Parents Soya Bean and Jay-Z welcomed their pups into the world on 21 April and while they would normally still be resting in their nestbox, the new mum has been showing them off to visitors at Tropical World.

    11-year-old Soya Bean is part of the original “mob” of meerkats at Tropical World. She previously gave birth to two male pups in 2020, called Jelly Bean and Lima Bean.

    The new father, Jay-Z, is 5 years old and came to Tropical World from Flamingo Land in 2022 as a potential mate for Soya Bean.

    Keepers at Tropical World had suspected that Soya Bean was expecting and had booked her in for an ultrasound. However, a few days before the appointment, she surprised them with the two young pups in the nestbox. 

    The new arrivals have no names yet but will also be named after a bean, sticking with family tradition.

    After a pregnancy of 11 weeks, a meerkat’s litter is typically made up of two to five pups. Born blind and without fur the pups need a few weeks being cared for by the parents before they’re strong enough to leave the burrow.

    Tropical World has recently launched a meerkat adoption project, where visitors can adopt an animal for a year, to support their upkeep and the vital conservation projects that Tropical World is a part of.

    Councillor Mohammed Rafique, Leeds City Council’s executive member for climate, energy, environment and green space, said: “It is always exciting to welcome new arrivals to our zoos and I’m pleased that the meerkat family is doing well.  

    “Tropical World has much to offer and is a great place to educate yourself about all the different species and the important conservation work that the zoo facilitates.

    “Visitors exploring the zoo can learn about the incredible animals and the threats which are affecting their populations in the wild. The zoo and its staff play an important part in protecting vulnerable species.”

    Read more about Tropical World at https://tropicalworld.leeds.gov.uk/.

    ENDS

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Are artificial sweeteners okay for our health?

    Source: Anglia Ruskin University

    By Havovi Chichger and Caray A Walker, Anglia Ruskin University

    Artificial sweeteners are being added to a growing number of foods to reduce their sugar content while maintaining their appealing taste. But a growing body of research suggests these non-nutritive sweeteners may not always be a healthier and safer option. So what is our best option if we want to enjoy sweet-tasting foods without the harms of eating sugar?

    Artificial sweeteners were originally developed as chemicals to stimulate our sweet-taste sensing pathway. Like sugar molecules, these sweeteners act directly on our taste sensors in the mouth. They do this by sending a nerve signal to the body that a high-carbohydrate food source has been consumed – telling the body to break it down to use for energy.

    In the case of sugar consumption, this also stimulates our dopaminergic system. This is the part of the brain responsible for motivation and reward, linked to sugar cravings. From an evolutionary perspective, this means we’re hardwired to seek out high-sugar food for a source of energy and to ensure our survival. However, excessive consumption of sugar is well known to lead to health problems, such as metabolic disruption which can cause obesity and diabetes.

    Similarly, when artificial sweeteners, rather than sugar, cause this stimulation, there’s increasing evidence of similar metabolic imbalances. This happens despite the fact that artificial sweeteners do not seem to stimulate the dopamine system.

    Indeed, a study published earlier this year showed that within two hours of consuming sucralose (an amount equivalent to the sugar in two cans of soft drink), participants exhibited increased physiological hunger responses. The research measured blood flow to the hypothalamus, the region of our brain responsible for appetite control. They found that sucralose increased blood flow to this area of the brain.

    Studies have also shown that sweeteners can stimulate the same neurons as the appetite hormone, leptin. Over time, this could cause our hunger threshold to increase – meaning we need to eat more food to feel full. This suggests that consuming artificial sweeteners makes us more hungry, which could ultimately make us consume more calories.

    And it doesn’t stop with feeling hungrier. A large study, which was conducted over 20 years, found a link between sweetener consumption and greater accumulation of body fat. Interestingly, the study found that people who regularly consumed large amounts of sweeteners (equivalent to three or four cans of diet soda per day) had a nearly 70% greater incidence of obesity compared to those who consumed minimal amounts of artificial sweeteners (equivalent to half a can of diet soda per day).

    The study also considered this response to be independent of the amount of calories the participants consumed each day. To verify this, they reviewed food questionnaires to assess self-reported dietary intake. While self-reported consumption can have discrepancies, the study also used a coding nutrition data system to verify dietary intake. The results indicate that artificial sweeteners may be making us more likely to form fat in our body – regardless of what we’re consuming alongside the artificial sweeteners.

    A study published earlier this month also found that daily consumption of artificially sweetened drinks positively correlated with the incidence of type 2 diabetes. But given these drinks contain a range of additives – including acidifiers, dyes, emulsifiers and sweeteners – it’s uncertain if this link can be entirely attributed to artificial sweeteners.

    What you need to know

    So is it time to give up sweeteners completely? Maybe not. There are many studies showing that short-term substitution of sugar with artificial sweeteners reduces body weight and body fat.

    Numerous studies have also shown that artificial sweetener consumption has no association with the development of diabetes or even with indicators of diabetes, such as fasting glucose or insulin levels. However, many of these studies were performed over relatively short time periods (up to 12 months) and only compared people consuming artificial sweeteners versus sugar. This makes it hugely confusing for all of us to know what we should do.

    To address this, earlier this month, the Scientific Advisory Committee on Nutrition (SACN), which advises the UK government on nutrition, released a position statement on the use of non-sugar sweeteners. This was in response to the World Health Organization, which suggested that sweeteners shouldn’t be used as a means of weight control due to their low-level association with risk of developing obesity and type 2 diabetes.

    The SACN similarly concluded that non-sugar sweetener intake be minimised, especially for children. But they also stated that intake of sugars in general needs to be reduced. This is really at the heart of the issue. Artificial sweeteners may have significant negative health impacts, but are they as bad for us as sugar? The overwhelming literature on the negatives of excess sugar consumption currently suggests no – but our understanding of artificial sweeteners is still not as extensive as that for sugar.

    We need more research on artificial sweeteners to better understand their effects. Work is currently ongoing to collate a database of all clinical trials investigating sweetener use. This will allow us to better understand the sweetener research landscape and highlight areas where more work is needed.

    Until then, what should we do if we have a sweet-tooth? Unfortunately, like everything with nutrition, it’s best to only consume artificial sweeteners in moderation.

    There are no clear guidelines on the amounts of sweeteners we should or shouldn’t be consuming yet. But one of the guidelines from the recent SACN review is that the industry clearly label the amount of artificial sweeteners in food and drink. So hopefully it will be easier for us to make these choices in the future.

    Havovi Chichger, Professor, Biomedical Science, Anglia Ruskin University and Caray A Walker, Senior Lecturer in Microbiology, Anglia Ruskin University

    This article is republished from The Conversation under a Creative Commons license. Read the original article.

    The opinions expressed in VIEWPOINT articles are those of the author(s) and do not necessarily reflect the views of ARU.

    If you wish to republish this article, please follow these guidelines: https://theconversation.com/uk/republishing-guidelines

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Two Years on: Progress continues with 112 affordable homes at Oxford North

    Source: City of Oxford

    Press release on behalf of The Hill Group, OX Place and Oxford City Council.

    Two years after announcing the delivery of affordable homes in Oxford, senior members of Oxford City Council met with award-winning housebuilder, The Hill Group, to celebrate a key construction milestone at Oxford North’s Canalside development. 

    Regional Managing Director at the Hill Group, Rob Jacks, staff and elected members from Oxford City Council, along with other colleagues, gathered to mark this halfway point in the project and view the impressive progress.   

    The development is on track to provide 112 much-needed affordable homes, including 90 council homes let at social rent for people on the housing register, and 22 shared-ownership homes, helping a range of people onto the housing ladder in the UK’s most unaffordable city. Completion is scheduled for 2026.  

    To commemorate this milestone, Hill and Oxford City Council joined forces to pour concrete into the final base slab of the apartment block, marking a pivotal moment in the construction journey. 

    Rob Jacks, Regional Managing Director West for The Hill Group, comments: “Canalside at Oxford North is a landmark residential development for Oxford.  We’re delighted to reach this important milestone in partnership with the council.  We are looking forward to handing over these sustainable, well-designed homes next year.” 

    The affordable homes being delivered by Hill are the first of 317 energy-efficient new homes being built by Hill at Canalside.  This initiative is crucial for addressing the housing crisis in Oxford, one of the most unaffordable places to live in the UK.  

    Councillor Linda Smith, Cabinet Member for for Housing and Communities at Oxford City Council, said: “We are proud to join our partners at The Hill Group to recognise this achievement and witness the significant progress on site.  Providing sustainable, affordable homes is a key priority for the council, and these homes are a shining example of what can be accomplished.” 

    Homes at Canalside are designed with a strong emphasis on sustainability, surpassing Oxford City Council’s ambitious environmental targets with a range of low-carbon features. These include air-source heat pumps, photovoltaic panels, and living green roofs. The development also includes water-saving measures, electric car charging points, and ample cycle storage. 

    As part of the broader Oxford North development, Canalside is set to deliver a minimum 5% biodiversity net gain, ensuring both residents and wildlife can thrive in harmony. The homes are thoughtfully designed around a large landscaped communal park, complete with play areas, meadow grassland, and an activity lawn. The site will feature extensive tree planting with over 200 species planned, along with the introduction of a new orchard. Additionally, a comprehensive network of pedestrian and cycle paths will be integrated throughout the development, encouraging active lifestyles and sustainable transportation choices.  

    Homes designated for social rent will be open for bidding through the choice-based lettings scheme for individuals on the Oxford City Council housing register. For those interested in the shared ownership homes and to receive more information, please visit the OX Place website to register interest. 

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Green theme for family event in Abbey Park

    Source: City of Leicester

    THERE’S a green theme for a free family event in Abbey Park this half-term that will give local people the chance to discover more about Leicester’s trees, parks and open spaces.

    The Go Green, Get Growing! event on Friday 30 May will feature tree climbing demonstrations by the city council’s arborists, a guess-the-circumference-of-the-tree competition, a display of the winning entries in a tree-themed school art challenge, and a treasure hunt for young children.

    Storytellers from the city’s BookBus will entertain youngsters with environmental tales, told from an ornate throne that’s been carved from a tree trunk (pictured), while visitors of all ages can follow the tree trail in Abbey Park and track down all 21 featured species.

    Visitors will also be able to find out how an allotment or a community growing hub could help them to grow their own food – and discover how Leicester’s ‘bee roads’ are protecting natural grassland habitats and supporting biodiversity.

    And to mark the publication of the city’s new tree strategy, those attending the event will receive free packets of seeds to plant at home, with a free potted sapling for the first 50 visitors.

    Assistant city mayor responsible for parks, trees & woodlands Cllr Vi Dempster said: “This event is a great opportunity for us to show young people and their families some of the work that we do to care for the city’s trees, manage our open spaces and enhance the local environment.

    “There’ll be lots of green-themed activities, as well as stories from the BookBus, so I hope that people will drop by and join in the fun if they’re visiting Abbey Park this half-term.”

    Go Green, Get Growing! runs from 12 noon until 3pm on Friday 30 May in Abbey Park. The precise location can be found using pounds.filled.shade in the what3words app.

     

    Picture caption: A close-up of the tree-trunk throne in Abbey Park, carved by the city council’s trees and woodlands team

    MIL OSI United Kingdom

  • MIL-OSI Russia: Delegation of Norilsk Nickel’s Polar Transport Branch visited Polytech

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    A delegation from Norilsk Nickel’s Polar Transport Branch visited Peter the Great St. Petersburg Polytechnic University to discuss cooperation with the Advanced Engineering School of SPbPU “Digital Engineering” and to get acquainted with the competencies of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU.

    The Norilsk Nickel Polar Transport Branch (the successor to the Dudinka Sea Port) is the main regional transport hub, providing for the vital functions of the entire Taimyr Dolgano-Nenets and Norilsk industrial regions. The branch processes 95% of all incoming cargo for the Norilsk Nickel Group of Companies and consumers on the Taimyr Peninsula, and ships its finished products to ships bound for ports in Russia and around the world. The port’s cargo turnover is about four million tons.

    Vice-Rector for Digital Transformation of SPbPU, Head of the Advanced Engineering School of SPbPU “Digital Engineering” Alexey Borovkov told the guests aboutestablished interaction with the Norilsk Nickel group of companies. Deputy Director for Improvement and Development of Production Activities of the Polar Transport Branch of Norilsk Nickel Sergey Lyashenko gave a presentation of the branch, presenting the main areas of its work and infrastructure.

    Sergey Lyashenko outlined potential areas of cooperation with the Advanced Engineering School of SPbPU “Digital Engineering” based on the tasks and challenges facing the Polar Transport Branch of Norilsk Nickel in the context of the development of the Northern Sea Route by the Norilsk Nickel group of companies and the corresponding increase in port cargo turnover. Among the key tasks, he noted the use of technologies to increase labor productivity and optimize the transfer of operational data to ensure the smooth operation of equipment along the entire port line, taking into account temperature restrictions and terrain. The guest also spoke about the existing barriers to the digitalization of the branch’s activities and the experience of overcoming them.

    Sergey Vladimirovich emphasized the interest in the competencies of the SPbPU PISh in the field of mathematical and computer modeling to solve the problems of automating all processes of the activities of the Polar Transport Branch of Norilsk Nickel, taking into account different scenarios and the state of technological equipment.

    We are interested in establishing cooperation with an authoritative scientific center represented by the Advanced Engineering School of the Polytechnic University, which has experience and knowledge in the field of advanced digital and production technologies, including big data management, mathematical and computer modeling, and can ensure the formation of correct data that we can use to justify certain management decisions, analyze the effectiveness of selected approaches and measures, as well as medium-term and long-term planning, said Sergey Kolesnik, Deputy Director for Commercial Activities of Norilsk Nickel’s Polar Transport Branch.

    Then the meeting participants discussed the vision of the final result of the interaction in the context of building visual analytics for production automation and data management on the state of the branch’s technological infrastructure, and also considered the predicted economic effect of the cooperation. Speaking about lost profits and ways to reduce the economic risks of enterprises, SPbPU Vice-Rector for Digital Transformation Alexey Borovkov gave an example of the work of SPbPU PISh specialists for the Gazprom Pererabotka Blagoveshchensk company following the accident at the Amur Gas Processing Plant on January 5, 2022.

    Every day of the plant’s downtime after the accident brought multimillion-dollar losses to Gazprom. Employees of the SPbPU PISh were involved in the accident investigation, and they prepared a scientific and technical report on its causes. This work not only made a significant contribution to the development of the fuel and energy complex of Russia in terms of preventing similar emergencies at high-tech facilities in the industry, but also proved that the use of advanced digital and production technologies has a positive economic effect, reducing the risk of accidents and preventing lost profits and costs of enterprises, – noted Alexey Ivanovich.

    Deputy Director of the Engineering Center (CompMechLab®) of SPbPU Nikolay Efimov-Soini briefly spoke about the technology of digital twins — the main technology of system digital engineering developed by the PISh SPbPU. Nikolay Konstantinovich described the technology and outlined its key advantages, demonstrated within the framework of joint R&D with representatives of ten industries.

    The participants of the working meeting defined further steps for interaction taking into account competencies and current tasks. They also considered the possibilities of corporate training in production organization technologies and the basics of the Lean Manufacturing concept using the computer simulator of the same name and other products. rulers, developed by specialists of the SPbPU PISh on the CML-Bench®.EDU Digital Platform, which is gradually developing as a separate area of the Digital Platform for the Development and Application of Digital Twins CML-Bench®.

    At the end of the working visit, the guests assessed the capabilities and infrastructure of the Polytechnic Supercomputer Center, which ensures the implementation ofDigital platform for the development and application of digital twins CML-Bench® science-intensive projects of the SPbPU Technological Development Ecosystem with leading high-tech companies and corporations of our country.

    After visiting the Advanced Engineering School of SPbPU “Digital Engineering”, the delegation of the Polar Transport Branch of Norilsk Nickel got acquainted with the competencies and achievements of specialists of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU and discussed possible areas of cooperation in educational and scientific activities in the field of logistics.

    Vice-Rector for Continuing and Pre-University Education at SPbPU Dmitry Tikhonov spoke about the possibility of effective cooperation in creating and implementing advanced training programs for employees of Norilsk Nickel’s Polar Transport Branch, including in a distance learning format, as well as preparing specialized classes of schoolchildren for the company.

    Director of the Higher School of Management of the Institute of Mechanical Engineering, Materials and Transport Olga Kalinina presented the experience of implementing educational projects related to logistics at the Higher School. In addition to training in the bachelor’s degree programs “International Logistics” and master’s degree program “International Logistics Systems”, Olga Vladimirovna noted the additional professional education program “Fundamentals of the Organization and Economics of Production in Metallurgy for Purchasing Management at Mechanical Engineering Enterprises”, successfully implemented jointly with the Higher School of Physics and Materials Technology of the Institute of Mechanical Engineering, Materials and Transport of St. Petersburg Polytechnic University for the Purchasing Directorate of JSC “Power Machines”, as well as the creation of educational cases for the disciplines “Transport Logistics” and “Inventory Management” based on the results of internships of teachers in the Beaton group of companies.

    Deputy Director of the Higher School of Management of the Institute of Mechanics and Technology of Economics and Technology for educational and methodological work Zoya Simakova presented the results of the work carried out in 2023 and 2024 within the framework of project “Harmonization of production needs with the provision of components and materials” by order of JSC Power Machines – the Electrosila plant, andproject “Transformation of purchasing activities of an industrial enterprise”, implemented to reduce the slow-turnover inventory of JSC Power Machines – Leningrad Metal Plant.

    Head of the research laboratory “Management of production systems and business processes” of the Higher School of Management of IPMEiT Dmitry Metkin demonstrated the team’s experience in terms of performing contractual work for industrial customers on technical and economic justification, forming investment activity programs when planning new projects, as well as developing strategies for introducing industrial products to new markets.

    After the working meeting, Sergey Lyashenko, Deputy Director for Improvement and Development of Production Activities of the Polar Transport Branch of Norilsk Nickel, held an interactive master class for students of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU on the subject “Fundamentals of Logistics of Oil and Gas Enterprises”.

    In conclusion, representatives of the Higher School of Management of the Institute of Industrial Management, Economics and Trade invited the delegation of the Polar Transport Branch of Norilsk Nickel to a tour. The guests inspected the classrooms and laboratories of the Institute of Industrial Management, Economics and Trade, and assessed the capabilities of the computer classes equipped with programs for studying specialized disciplines in logistics.

    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 USA: Yellowstone’s thermal areas, by the numbers

    Source: US Geological Survey

    Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week’s contribution is from R. Greg Vaughan, research scientist with the U.S. Geological Survey.

    In Yellowstone, it is often stated that there are more than 10,000 thermal features, including hot springs, geysers, mud pots, and fumaroles.  How do we know that?  Did someone count them?  Well, yes, but making a perfectly accurate count of unique thermal features is nearly impossible, partly because they are changing so frequently.  In the time it would take to map all of them, some would have died out and many new ones would have appeared.  For example, a newly formed fumarole was observed in the Roadside Springs Thermal Area in August 2024, and a newly emerging thermal area with multiple fumaroles was discovered near the Tern Lake thermal area in 2018.  There are also many thermal features that are located under Yellowstone’s lakes that are not included in any inventory. 

    Map of Yellowstone’s thermal areas. Inset commercial satellite images highlight thermal areas that are mentioned below: Sulphur Hills (©2022, Maxar, USG), Turbid Lake (©2022, Maxar, USG), and Lower Geyser Basin (©2015, Maxar, USG).  This work utilized data made available through the NASA Commercial SmallSat Data Acquisition Program.  We acknowledge the use of imagery from the SmallSat Data Explorer application (https://csdap.earthdata.nasa.gov), and Maxar’s NEXTVIEW End User License Agreement. 

    Geysers are a specific type of hot spring where an underground hot water reservoir and the characteristics of the plumbing system allow discrete, episodic eruptions of hot water at the surface.  There are only about 1,000 active geysers on Earth; about half of them are in Yellowstone!  According to Scott Bryan, in the 2008 edition of his book The Geysers of Yellowstone, there are at least 700 geysers in Yellowstone, with at least 500 that actively erupt; the remainder are dormant. 

    Most of Yellowstone’s more than 10,000 thermal features are clustered into about 120 distinct thermal areas and thermal water bodies.  A thermal area is a nearly continuous geologic unit that contains multiple thermal features; hydrothermally altered rocks and/or hydrothermal mineral deposits; heated ground and/or geothermal gas emissions; and that is generally barren of vegetation or has stressed/dying vegetation. A thermal water body is usually a lake, pond, or wetland area, that receives heated water from a nearby thermal area, nearshore thermal springs, or from underwater vents. 

    Assessment of Yellowstone’s thermal areas and thermal features comes from field observations, measurements from high-resolution airborne and commercial satellite images, and from quantitative analysis of Landsat 8 and 9 nighttime thermal infrared images. 

    Despite the impressive size of Yellowstone National Park (about 8,992 km2, or 2.2 million acres), the total surface area covered by thermal areas is only about 70 km2 (17,300 acres)—less than 1% of the park’s area. If you closed your eyes and randomly threw a dart at a map of Yellowstone, you are very unlikely to hit a thermal area!  The distribution of thermal areas can be seen in an updated map of Yellowstone’s thermal areas that was recently published after careful analysis of satellite remote sensing data and ground-based observations. 

    The Sulphur Hills Thermal Area, north of Yellowstone Lake, is the hottest thermal area in Yellowstone, with pixel temperatures in satellite images up to 46 °C (83 °F) above the background.  At Sulphur Hills, there is a large area of diffusely venting warm ground that is dotted with dozens of small, isolated fumaroles that are venting gases at 93 °C (200 °F, the boiling temperature at that elevation) right at the surface.  Thermal infrared images from satellite instruments like Landsat 8 and 9 have pixels that are about the size of a football field, which means they measure thermally mixed pixels that represent the average temperature of sub-pixel-scale features.  So, 46 °C (83 °F) above background is pretty hot.  Given the size of the area (0.69 km2, or 171 acres), its geothermal radiant power output is 40–70 MW (megawatts = 1 million watts). 

    View of Lower Geyser Basin. Note active thermal pools (Great Fountain Geyser) in the foreground with thermal grasslands—kept treeless by hot soils—and lodgepole pine forest in the distance. Photo by George Marler, 1959.

    Turbid Lake, also just north of Yellowstone Lake, is the largest lake in Yellowstone where a significant portion of the surface remains ice free even during the coldest winters.  This is due to thermal input from nearby springs and underwater vents. The lake is the remnant of a large hydrothermal explosion crater that is about 1 km (0.6 mi) across, and it has pixel temperatures up to 28 °C (50 °F) above background and a geothermal radiant power output of about 40–74 MW. 

    Lower Geyser Basin is the largest thermal area in the park—at 15.6 km2 (3,855 acres) it is slightly larger than the town of Gardiner, MT. Its hottest features have pixel temperatures up to 32 °C (58 °F) above background, and its geothermal radiant power output ranges from around 200 to more than 500 MW.

    Summing the estimated geothermal radiant power output for all the thermal areas in Yellowstone yields values that range from 1,500 to 3,100 MW.  To put this into context, 1 MW could power the average home in the U.S for about 1.2 months, or power an electric car for about 3,600 miles.  Scale this up by 1,500 or 3,100 times and you can appreciate the immensity of the Yellowstone geothermal system.

    MIL OSI USA News

  • MIL-OSI Africa: Lagos slum evictions don’t work: 6 ways city planners can actually help the poor

    Source: The Conversation – Africa – By Oluwaseyi Omowunmi Popogbe, Lecturer I, Crawford University

    Millions of people in Lagos live in slums. Slums typically have poor housing infrastructure and sanitation, and limited access to education, health facilities and clean drinking water.

    These challenges make the people who live in slums vulnerable to health crises, high illiteracy rates and poor standards of living.

    A central element of the city authorities’ efforts to address the issue has been to evict people. Over the past decade, more than 50,000 people have been evicted from their homes in Lagos slums.

    As a development economist who has carried out studies on urban poverty in Lagos State and social exclusion of slum dwellers from full communal participation, I have observed some notable patterns.

    Despite their efforts to contribute to national productivity, these low-income communities are often marginalised and denied access to basic public amenities and a dignified living environment. Instead of addressing their needs, policy and development priorities tend to focus on displacing them. Thereafter, provisions are made for affluent groups, replacing informal settlements with high-rise buildings.

    Sadly, survivors of forced eviction usually move to other slum communities as they cannot afford the high cost of living in the city. This shows that forced eviction is not a solution to slum proliferation.

    I argue that if Lagos wants to solve the problems faced by the city’s vast population of slum dwellers, it should focus on six things. These are:

    • community-led regeneration processes

    • communal engagement

    • upgrading communities without displacement

    • obeying court orders

    • inclusivity in regeneration

    • adequate compensation to the displaced.

    This would help restore trust that the city has all its people’s interests at heart, not just those of the super rich.

    Forced evictions are seen as benefiting the rich

    In March 2025, a demolition exercise was carried out in the Otumara slum, displacing over 10,000 residents at short notice.

    Despite a 2017 Lagos State High Court ruling which condemned forced evictions carried out without due consultation, they have continued.

    Known cases are the Otodo-Gbame waterfront eviction (shortly before the court ruling), where over 30,000 residents were displaced, Ilubirin waterfront community, Orisunmibare in Apapa, Otto communities, Ayetoro, and Oko Baba communities.

    Mid-April 2025, the Lagos State government revealed plans to regenerate the Otumara slum. Lagos State Urban Renewal Agency (Lasura) then met with community leaders and other stakeholders to discuss how it would be done. That step should have been taken before the demolition.

    The idea behind the meeting was to ensure inclusiveness and reduce any challenge to the project. Lasura assured the community representatives of a fair hearing throughout the implementation process. They were told the benefits of the regeneration would extend to the entire community.

    As a development economist who has carried out a number of studies on urban vulnerability and inclusion, I’ve found that slum dwellers don’t always trust the government. This lack of trust stems from experiences other slum dwellers have had.

    Urban regeneration does not always favour slum dwellers. So government interventions are not seen as a genuine effort to improve their living conditions, but as a mechanism to displace them to make way for the elite.

    For instance, Maroko slum residents were forcefully evicted under the guise of improving infrastructural amenities and because the area was below sea level. Now the Oniru Estate, Lekki Phase 1 and other notable residential and commercial buildings are located there.

    Luxury apartments on the Lagos lagoon have replaced the former Ilubirin waterfront slum. Lekki foreshore development continues at the former Otodo-Gbame waterfront community.

    Survivors of forced eviction usually move to other slum communities as they can’t afford to live in the city.

    The attainment of Lagos as a “fair shared city” has been proposed by the Fabulous Urban Foundation in partnership with Heinrich Böll Foundation. These organisations advocate urban inclusiveness and community-driven initiatives. They envision Lagos as an inclusive place where everyone (irrespective of social class or status) has equitable access to amenities and decision-making processes.

    The pattern of forced displacement under the guise of urban regeneration, without adequate compensation or resettlement, contradicts the principle of fairness.

    Development plans in Lagos follow western ideas and keep widening the gap between the rich and the poor, as amenities are often developed to be accessible by the middle and upper classes.

    Specifically, the Lagos State Development Plan (LSDP 2052) contains many lofty ideas and opportunities to make Lagos “Africa’s Model Mega City”. But it’s not clear how the city’s multidimensionally poor population fits into the plan.

    Solutions

    To include residents of slums marked for regeneration, a more proactive approach would be:

    1. Continuous communal engagement, to reaffirm that government and other stakeholders are committed to including all residents.

    2. Community-led redesign and regeneration processes. Slum conditions are deplorable and dehumanising, but evicting residents to make way for the high class is unacceptable. The redesign should aim to favour the community.

    3. Abiding by court rulings which warn against forced eviction. Lagos courts have often ruled against forced evictions, especially when carried out without due process or resettlement arrangements. The Lagos State government ought to uphold human rights by ceasing all forced eviction procedures, as they are unlawful.

    4. Upgrading instead of displacement. Regeneration within existing settlements should be encouraged where feasible, so that livelihoods and social cohesion are not disrupted.

    5. Regeneration should include all income groups. It should not only focus on physical infrastructure, but also social and economic issues. It would make affordable housing and basic amenities available for all income groups.

    6. Adequate compensation. Where relocation cannot be avoided, a resettlement plan must be in place that will ensure fair treatment and avoid disruption to livelihood.

    – Lagos slum evictions don’t work: 6 ways city planners can actually help the poor
    – https://theconversation.com/lagos-slum-evictions-dont-work-6-ways-city-planners-can-actually-help-the-poor-255341

    MIL OSI Africa

  • MIL-OSI Africa: Secretary-General’s remarks at the wreath-laying ceremony for the victims of the Canal Hotel attack in 2003

    Source: United Nations – English

    ear survivor colleagues, dear colleagues,

    Almost 22 years ago, the United Nations family suffered the worst terrorist attack in the history of our organization.

    22 years is a long time.

    But we will never forget the colleagues who were killed that day in the bombing at the Canal Hotel.

    They were sons, daughters, mothers, fathers and friends who are, to this day, mourned by those they knew and loved.  

    We will always remember their leader, Sergio Vieira de Mello, who was also killed in the attack.

    We will stand with the survivors whose lives were changed forever.

    And we will remember the courageous colleagues and others who rushed to help on that terrible day, and in the days and weeks after — showing us the very best of the humanitarian spirit.

    This memorial stands as a tribute to their lives and their contributions to the people of Iraq.

    It also stands as a reminder of how far Iraq has come since 2003.

    Working with the brave and resilient people of this country, the women and men of the United Nations have worked tirelessly to support their quest for stability, development and peace.

    Above all, this memorial is as a clear reminder of the vital work that our organization does around the world — and the dangers our people face in carrying out that work.  

    With World Humanitarian Day, the date of 19 August has been forever transformed from a day of unimaginable horror and tragedy here in Iraq into a global day of solemn remembrance for all humanitarians — inside and outside the organization.

    Their bravery, dedication, and belief that a better future is possible will always inspire us.

    And like those whose lives were lost on 19 August, 2003, their sacrifices and contributions to our world — and to our vital cause of peace — will never be forgotten.

    Thank you.

    ***

    MIL OSI Africa

  • MIL-OSI: CBAK Energy Reports First Quater 2025 Unaudited Financial Results

    Source: GlobeNewswire (MIL-OSI)

    DALIAN, China, May 19, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”) a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the first quarter ended March 31, 2025.

    First Quater of 2025 Financial Results

    Net revenues1 were $34.9 million, representing a decrease of 41% compared to $58.8 million in the same period of 2024. The substantial decline primarily stems from our Dalian facilities, where a major portion of customers are in the residential energy supply sector. These facilities are currently undergoing a product portfolio upgrade, transitioning from Model 26650 to Model 40135. Customers who previously purchased Model 26650 are now in a transitional phase of testing and validating the new Model 40135. We anticipate a gradual recovery as both existing and potential customers complete the validation of Model 40135.

    Among these revenues, detailed revenues from our battery business are:

    Battery Business   2024
    First Quater
        2025
    First Quater
        % Change
    YoY
    Net Revenues ($)   44,837,869     20,363,338     -54.6
    Gross Profits ($)   18,458,522     4,720,102     -74.4
    Gross Margin   41.2 %   23.2 %  
    Net Income ($)   11,682,429     336,861     -97.1
    Net Revenues from Battery Business on Applications ($)                
    Electric Vehicles   480,181     537,507     11.9
    Light Electric Vehicles   1,510,292     2,844,874     88.4
    Residential Energy Supply & Uninterruptable supplies   42,847,396     16,980,957     -60.4
    Total   44,837,869     20,363,338     -54.6
    1 Net revenues consist of the Company’s self-operated battery business and Hitrans, which was acquired in 2021, an independently managed raw materials business.


    Cost of revenues
    was $30.14 million, representing a decrease of 24.7% from $40.0 million in the same period of 2024.

    Gross profit was $4.8 million, representing an decrease of 74.43% from $18.78 million in the same period of 2024. Gross margin was 13.7%, compared to 31.9% in the same period of 2024.

    Operating loss amounted to $2.86 million, compared to an operating income of $10.3 million in the same period of 2024.

    Net loss attributable to shareholders of CBAK Energy was $1.58 million, compared to net income attributable to shareholders of CBAK Energy of $9.8 million in the same period of 2024.

    Basic and diluted loss per share were both $0.02, compared to basic and diluted income per share of $0.11 in 2024.

    Zhiguang Hu, Chief Executive Officer of the Company, commented, “As anticipated, we experienced a significant 41% year-over-year decline in net revenues. This decrease was expected, as Model 26650 — a cell developed in 2006 and still produced at our Dalian facilities — has become largely outdated. Both existing and potential customers are currently transitioning from Model 26650 to the more advanced Model 40135. We are confident that, upon completing the construction of new manufacturing lines for Model 40135 in the second half of this year, and as customers finalize product validation, our revenues will begin to recover gradually.”

    Jiewei Li, Chief Financial Officer and Secretary of the Board, added, “As Mr. Hu emphasized, we expect to recover once the product portfolio upgrade at our Dalian facilities is completed. Meanwhile, our Nanjing facilities continue to experience strong growth momentum, driven by robust market demand for Model 32140, our most advanced and flagship product to date. Additionally, we are in the final stages of securing a long-term order from one of our key customers, which we hope to finalize and share with our shareholders in the near future.”

    Conference Call

    CBAK Energy’s management will host an earnings conference call at 9:00 AM U.S. Eastern Time on Monday, May 19, 2025 (9:00 PM Beijing/Hong Kong Time on May 19, 2025).

    For participants who wish to join our call online, please visit:
    https://edge.media-server.com/mmc/p/wfu5unoh

    Participants who plan to ask questions during the call will need to register at least 15 minutes prior to the scheduled call start time using the link provided below. Upon registration, participants will receive the conference call access information, including dial-in numbers, a unique pin, and an email with detailed instructions.

    Participant Online Registration:
    https://register-conf.media-server.com/register/BIb49b754e574a43e68068965ba0234966

    Once completing the registration, please dial-in at least 10 minutes before the scheduled start time of the conference call and enter the personal pin as instructed to connect to the call.

    A replay of the conference call may be accessed within seven days after the conclusion of the live call at the following website: https://edge.media-server.com/mmc/p/wfu5unoh

    The earnings release and the link for the replay are available at ir.cbak.com.cn

    About CBAK Energy

    CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.

    For more information, please visit ir.cbak.com.cn

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are 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. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

    Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management’s current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, that the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, the effects of the global Covid-19 pandemic or other health epidemics, changes in domestic and foreign laws, regulations and taxes, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain markets for the Company’s products and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of our products and solutions that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

    For further inquiries, please contact:

    In China:

    CBAK Energy Technology, Inc.
    Investor Relations Department
    Email: ir@cbak.com.cn

    CBAK Energy Technology, Inc. and Subsidiaries
    Condensed Consolidated Balance Sheets
    As of December 31, 2024 and March 31, 2025
    (Unaudited)
    (In US$ except for number of shares)
     
      December 31,
    2024
        March 31,
    2025
     
    Assets          
    Current assets          
    Cash and cash equivalents $ 6,724,360     $ 4,052,010  
    Pledged deposits   54,061,642       43,482,693  
    Term deposits   4,237,090       5,530,030  
    Trade and bills receivable, net   32,938,918       40,835,093  
    Inventories   22,851,027       30,803,486  
    Prepayments and other receivables   20,004,966       17,991,265  
    Receivables from former subsidiary   12,399       9,011  
    Income tax recoverable   566,458       455,342  
    Total current assets   141,396,860       143,158,930  
                   
    Property, plant and equipment, net   85,486,829       84,283,683  
    Construction in progress   42,526,859       51,527,443  
    Long-term investments, net   2,246,494       2,313,725  
    Prepaid land use rights   11,075,973       11,056,715  
    Intangible assets, net   382,962       268,398  
    Deposit paid for acquisition of long-term investments   15,864,318       15,949,095  
    Operating lease right-of-use assets, net   3,237,849       2,906,652  
    Total assets $ 302,218,144     $ 311,464,641  
                   
    Liabilities              
    Current liabilities              
    Trade and bills payable   84,724,386       93,398,948  
    Short-term bank borrowings   26,087,350       29,301,628  
    Other short-term loans   335,715       335,905  
    Accrued expenses and other payables   58,285,635       50,305,373  
    Payable to a former subsidiary, net   419,849       418,211  
    Deferred government grants, current   556,214       559,186  
    Product warranty provisions   23,426       23,000  
    Operating lease liability, current   1,268,405       1,159,373  
    Total current liabilities   171,700,980       175,501,624  
                   
    Long-term bank borrowings         4,131,890  
    Deferred government grants, non-current   7,580,255       10,272,610  
    Product warranty provisions   420,688       417,565  
    Operating lease liability, non-current   2,449,056       2,397,859  
    Total liabilities   182,150,979       192,721,548  
                   
    Commitments and contingencies              
                   
    Shareholders’ equity              
    Common stock $0.001 par value; 500,000,000 authorized; 90,083,396 issued and 89,939,190 outstanding as of December 31, 2024; and 90,083,868 issued and 89,939,662 outstanding as of March 31, 2025   90,083       90,083  
    Donated shares   14,101,689       14,101,689  
    Additional paid-in capital   247,842,445       247,869,511  
    Statutory reserves   1,230,511       3,042,602  
    Accumulated deficit   (122,605,730 )     (125,997,055 )
    Accumulated other comprehensive loss   (14,919,345 )     (14,248,434 )
        125,739,653       124,858,396  
                   
    Less: Treasury shares   (4,066,610 )     (4,066,610 )
                   
    Total shareholders’ equity   121,673,043       120,791,786  
    Non-controlling interests   (1,605,878 )     (2,048,693 )
    Total equity   120,067,165       118,743,093  
                   
    Total liabilities and shareholder’s equity $ 302,218,144     $ 311,464,641  

     

    CBAK Energy Technology, Inc. and Subsidiaries
    Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
    For the three months ended March 31, 2024 and 2025
    (Unaudited)
    (In US$ except for number of shares)
     
      Three months ended
    March 31,
     
      2024     2025  
    Net revenues $ 58,822,432     $ 34,938,901  
    Cost of revenues   (40,041,385 )     (30,137,167 )
    Gross profit   18,781,047       4,801,734  
    Operating expenses:              
    Research and development expenses   (2,815,518 )     (3,023,961 )
    Sales and marketing expenses   (1,724,032 )     (896,050 )
    General and administrative expenses   (4,092,527 )     (3,804,137 )
    Allowance of credit losses and bad debts written off, net   114,013       58,395  
    Total operating expenses   (8,518,064 )     (7,665,753 )
    Operating income (loss)   10,262,983       (2,864,019 )
    Finance income, net   9,663       45,120  
    Other income, net   367,438       712,792  
    Share of (loss) income of equity investee   (18,824 )     55,125  
    Income (loss) before income tax   10,621,260       (2, 050,982 )
    Income tax expenses   (1,048,786 )      
    Net income (loss)   9,572,474       (2, 050,982 )
    Less: Net loss attributable to non-controlling interests   263,976       471,748  
    Net income (loss) attributable to shareholders of CBAK Energy Technology, Inc. $ 9,836,450     $ (1,579,234 )
                   
    Net income (loss)   9,572,474       (2,050,982 )
    Other comprehensive income (loss)              
    – Foreign currency translation adjustment   (1,906,048 )     699,844  
    Comprehensive income (loss)   7,666,426       (1,315,138 )
    Less: Comprehensive loss attributable to non-controlling interests   274,223       442,816  
    Comprehensive income (loss) attributable to CBAK Energy Technology, Inc. $ 7,940,649     $ (908,322 )
                   
    Income (loss) per share              
    – Basic $ 0.11     $ (0.02 )
    – Diluted $ 0.11     $ (0.02 )
                   
    Weighted average number of shares of common stock:              
    – Basic   89,925,024       89,938,690  
    – Diluted   90,123,965       89,938,690  

    The MIL Network

  • MIL-OSI: Qorvo® Announces Intent to Nominate Peter Feld of Starboard Value for Election to the Board at the 2025 Annual Meeting

    Source: GlobeNewswire (MIL-OSI)

    GREENSBORO, N.C., May 19, 2025 (GLOBE NEWSWIRE) — Qorvo® (NASDAQ: QRVO), a leading global provider of connectivity and power solutions, today announced that its Board of Directors (the “Board”) has resolved to increase the size of the Board from nine to ten directors and to include Peter Feld as one of the Company’s director nominees in its proxy statement for the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).

    The Board has also resolved to recommend that stockholders vote in favor of all Company director nominees, including Mr. Feld, at the 2025 Annual Meeting.

    Given the Company’s intention to nominate Mr. Feld, Starboard has agreed to rescind its nomination notice.

    Bob Bruggeworth, President and CEO of Qorvo, said, “Peter shares our goal of driving value for Qorvo shareholders and will bring additional technology industry knowledge and complementary perspectives, adding to our very qualified and experienced Board.”

    “We invested in Qorvo because of the tremendous potential we see in the Company’s strong product portfolio and leading industry position, which provide the foundation for Qorvo to drive continued improvement in growth, profitability, and value creation,” said Peter Feld, Managing Member of Starboard Value LP. “I am pleased to be nominated to the Board and look forward to working collaboratively with my fellow directors and the management team to help Qorvo capitalize on opportunities to drive long-term shareholder value.”

    About Peter A. Feld

    Peter A. Feld is a Managing Member, Portfolio Manager and Head of Research of Starboard Value LP since April 2011 and has significant expertise serving as a shareholder representative on numerous technology company boards that have created substantial value for shareholders. Mr. Feld has substantial experience in corporate finance, best-in-class corporate governance, and a deep understanding of capital markets. Prior to founding Starboard in 2011, Mr. Feld was a Managing Director and Head of Research at Ramius LLC for funds that comprised the Value and Opportunity investment platform. Prior to joining Ramius in February 2005, Mr. Feld was an analyst in the Technology Investment Banking group at Banc of America Securities LLC. Previously, he served as a member of the boards of directors of Gen Digital Inc., a global leader dedicated to powering Digital Freedom through its family of consumer brands, from September 2018 to May 2025; Green Dot Corporation, a financial technology company, from March 2022 to October 2023; GCP Applied Technologies, Inc., a technology company, from June 2020 until it was acquired by Compagnie de Saint-Gobain S.A. in September 2022; Magellan Health, Inc., a healthcare company, from March 2019 until it was acquired by Centene Corporation in January 2022; AECOM, a multinational infrastructure firm, from November 2019 to June 2020; Marvell Technology Group Ltd., a storage, networking and connectivity semiconductor solutions company, from May 2016 to June 2018; The Brink’s Company, a global leader in security-related services, from January 2016 to November 2017; Insperity, Inc., an industry-leading HR services provider, from March 2015 to June 2017; Darden Restaurants, Inc., a full-service restaurant company, from October 2014 to September 2015; Tessera Technologies, Inc. (n/k/a Xperi Corporation), a leading product and technology licensing company, from June 2013 to April 2014; and Integrated Device Technology, Inc., a company that designed, developed, manufactured and marketed a range of semiconductor solutions for the advanced communications, computing and consumer industries, from June 2012 to February 2014. Mr. Feld received a B.A. degree in Economics from Tufts University.

    About Qorvo

    Qorvo (Nasdaq:QRVO) supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure and mobile. Visit www.qorvo.com to learn how our diverse and innovative team is helping connect, protect and power our planet.

    Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. All other trademarks are the property of their respective owners.

    About Starboard Value LP

    Starboard Value LP is an investment adviser with a focused and fundamental approach to investing in publicly traded companies. Starboard seeks to invest in deeply undervalued companies and actively engage with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders. 

    Forward Looking Statements

    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions, and are not historical facts and typically are identified by terms such as “may,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “forecast,” “predict,” “potential,” “continue” and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management’s current judgment and expectations as of the date the statement is first made, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We caution you not to place undue reliance upon any such forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results on a quarterly and annual basis; our substantial dependence on developing new products and achieving design wins; our dependence on several large customers for a substantial portion of our revenue; a loss of revenue if defense and aerospace contracts are canceled or delayed; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs, due to timing of customers’ forecasts; our inability to effectively manage or maintain relationships with chipset suppliers; our ability to continue to innovate in a very competitive industry; underutilization of manufacturing facilities; unfavorable changes in interest rates, pricing of certain precious metals, utility rates and foreign currency exchange rates; our acquisitions, divestitures and other strategic investments failing to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; warranty claims, product recalls and product liability; changes in our effective tax rate; enactment of international or domestic tax legislation, or changes in regulatory guidance; changes in the favorable tax status of certain of our subsidiaries; risks associated with social, environmental, health and safety regulations, and climate change; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches, failed system upgrades or regular maintenance and other similar disruptions to our IT systems; theft, loss or misuse of personal data by or about our employees, customers or third parties; provisions in our governing documents and Delaware law may discourage takeovers and business combinations that our stockholders might consider to be in their best interests; and volatility in the price of our common stock. These and other risks and uncertainties, which are described in more detail under “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 30, 2024, and Qorvo’s subsequent reports and statements that we file with the SEC, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.

    At Qorvo®
    Doug DeLieto
    VP, Investor Relations
    1.336.678.7968

    The MIL Network

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    Source: GlobeNewswire (MIL-OSI)

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    These slots deliver exciting gameplay and significant real cash payout online casino opportunities. Spin for big wins with just one click at JACKBIT’s fast paying online casinos!

    Table Games:

    • American Blackjack: A fast-paced classic with strategic depth. Ideal for players seeking skill-based wins at this same day withdrawal casino.
    • French Roulette: Offers elegant gameplay with favorable odds. Its immersive design enhances vented for instant withdrawal casinos. Perfect for roulette enthusiasts at JACKBIT.
    • Texas Hold’em Poker: A strategic card game for competitive players. Test your skills at this easy cash out online casino.

    Live Dealer Games:

    Experience the thrill of live blackjack, roulette, baccarat, and game shows with professional dealers. These games offer an authentic casino atmosphere at this fast withdrawal online casino. Real-time interaction enhances the excitement, making every session unforgettable.

    Progressive Jackpots:

    Chase massive wins with titles like Jackpot Raiders and Hall of Gods. These games offer escalating prize pools for life-changing payouts. Ideal for high rollers at this fastest online casino payout platform.

    Specialty Games

    Explore unique options like keno, bingo, and virtual sports for casual fun. These games provide a refreshing break at this online casino with easy withdrawal. Perfect for quick, low-stakes entertainment.

    >>CLICK HERE TO PLAY FAN-FAVORITE GAMES ANYTIME<<

    Secure Payment Methods

    JACKBIT offers a variety of secure payment methods, making it an online casino with easy withdrawal for players worldwide.

    Fiat Currency Methods Type
    MasterCard, Visa Credit/Debit Card
    Neteller, Skrill E-Wallet
    Bank Transfer Fiat
    Crypto Methods Type Deposit Time Withdrawal Time
    Bitcoin, Ethereum, Solana, Tether Cryptocurrency Instant Instant

    All transactions are protected by SSL encryption, ensuring JACKBIT remains the fastest online casino payout platform for secure deposits and withdrawals.

    Responsible Gambling And Mobile Gaming

    Responsible Gambling

    JACKBIT is committed to promoting safe gaming with tools to help players stay in control:

    • Deposit Limits: Set daily, weekly, or monthly caps to manage spending. This helps players stay within their budget and avoid overspending. Contact support to customize limits based on your needs. These limits can be adjusted anytime to suit your financial goals.
    • Loss Limits: Restrict losses to encourage responsible play. This feature prevents chasing losses and promotes mindful gaming. Adjust limits via your account settings for flexibility. It’s a proactive way to maintain control over your gaming habits.
    • Wager Limits: Control betting amounts to avoid impulsive bets. This ensures responsible wagering and enhances long-term enjoyment. Limits are easily adjustable to match your gaming style. Regular reminders help you stick to your set boundaries.
    • Session Limits: Define playtime to promote healthy gaming habits. This encourages breaks and prevents excessive play. Set reminders to track session duration effortlessly. Notifications alert you when your session time is nearing its limit.
    • Self-Exclusion: If necessary, suspend your account either temporarily or permanently. This supports players seeking a break or looking to stop gambling. Contact support for guidance on the process. Resources are provided to assist with responsible gaming decisions.

    Support resources are available for players seeking help, reinforcing JACKBIT’s role as a trusted fast payout casino that prioritizes player well-being.

    Mobile Gaming

    JACKBIT’s mobile-optimized platform ensures seamless gaming on smartphones and tablets without requiring an app. From slots to live dealer games, players can access the full experience on the go, making it a top instant withdrawal casino for mobile users.

    Conclusive Thoughts on JACKBIT – The Best Fast Payout Online Casino

    JACKBIT sets the gold standard for fast payout online casinos in 2025, combining a massive game library, generous bonuses, robust security, and instant withdrawals. Its mobile compatibility, diverse payment options, and 24/7 support make it a fast payout casino for players of all levels.

    Whether you’re spinning slots or enjoying live dealer games, JACKBIT delivers unmatched entertainment backed by a commitment to responsible gambling and transparency. Join JACKBIT today to experience why it’s the ultimate destination for fast payout online casino gaming.

    >>CLICK HERE TO PLAY AT JACKBIT & WITHDRAW YOUR WINNINGS INSTANTLY<<

    FAQs About JACKBIT

    1. What makes JACKBIT a leading fast payout online casino?

    JACKBIT’s instant crypto withdrawals and a vast game library make it a top fast payout casino.

    2. Is JACKBIT secure for fast withdrawal online casino gaming?

    Yes, with a Curacao license and SSL encryption, JACKBIT is a safe instant withdrawal casino.

    3. What bonuses does JACKBIT offer as a fast payout casino?

    New players get 100 wager-free spins, plus cashback and tournament rewards.

    4. Can I play JACKBIT’s games on mobile as an instant payout casino?

    JACKBIT’s mobile platform offers seamless access to all games and features.

    5. What payment methods are available at JACKBIT’s fast paying online casinos?

    JACKBIT supports Bitcoin, Ethereum, Visa, Skrill, and more for secure transactions.

    6. How fast are withdrawals at JACKBIT’s fastest online casino payout system?

    Crypto withdrawals are instant, while fiat takes 1-3 days at this same day withdrawal casino.

    Email: support@JACKBIT.com

    Disclaimer

    This article doesn’t claim to be financial or legal advice; in fact, it is strictly informational. Gambling carries risks and may be addictive; please play responsibly. Check if gambling on the internet is allowed in that region. Information is accurate as of May 2025, but terms may change; check JACKBIT for updates.

    This article is for informational and promotional purposes only and does not constitute legal, financial, or professional advice. While efforts have been made to ensure accuracy at the time of publication, no warranties are made regarding completeness or timeliness. Readers should verify information independently. The publisher, affiliates, and contributors are not liable for errors, omissions, or losses arising from this content.

    This content may contain affiliate links, which may earn a commission at no additional cost to you if you make a purchase or deposit. These links do not affect editorial integrity, and evaluations are based on independent research.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3ba1e4f0-857d-4a64-9692-7951057deec1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/62ba5bee-0981-4b3a-a947-f6b34db15405

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bc5992a1-52cb-48ec-8a64-95bf4c5f6119

    The MIL Network

  • MIL-OSI: Best Crypto Casinos: JACKBIT Shines As Top-Rated Bitcoin Online Casino For No KYC, Bonuses & Fast Payout!

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., May 19, 2025 (GLOBE NEWSWIRE) — The crypto casino industry has skyrocketed, transforming the casino landscape with its promise of speed, privacy, and innovation. These platforms have become a favorite among players, offering a seamless alternative to traditional gambling.

    >>CLAIM YOUR 100 WAGER-FREE SPINS + 30% RAKEBACK – CLICK HERE TO GET STARTED!<<

    Following extensive testing of multiple crypto casinos, and analyzing their bonuses, rewards, and performance, we’ve crowned JACKBIT as the best crypto casino for 2025. Its jaw-dropping game library and lightning-fast payouts left us in awe, making it stand out among the best crypto casinos. Discover why JACKBIT is redefining crypto gambling!

    Overview Of JACKBIT Crypto Casino

    • Launch Year: 2022
    • License: Curacao eGaming License
    • Game Selection: Over 8,000 games (slots, live casino, table games, esports betting)
    • Software Providers: Pragmatic Play, Evolution Gaming, Betsoft, Yggdrasil, and more
    • Payment Methods: Crypto (Bitcoin, Ethereum, USDT, Binance Coin) and fiat-to-crypto options
    • Withdrawal Speed: Instant or within 15 minutes

    JACKBIT’s no KYC policy for crypto users positions it as the best no KYC casino, while its rapid withdrawals make it the best instant withdrawal Bitcoin casino. With lucrative bonuses, round-the-clock support, and top-tier security, JACKBIT is a top crypto casino for players worldwide.

    Why JACKBIT Is One of the Best Crypto Casinos?

    JACKBIT sets itself apart in the crowded world of crypto gambling sites with a blend of cutting-edge features and player-centric services. Here’s why it’s a leader among the best crypto casinos:

    • Blazing-Fast Withdrawals: JACKBIT delivers withdrawals in as little as 15 minutes, making it a top Bitcoin casino for players who value quick access to their funds. This speed is unmatched among crypto gambling sites, earning it a spot as the best BTC casino.
    • Massive Game Collection: Boasting over 8,000 games, JACKBIT caters to every taste. From immersive slots to live dealer tables and esports betting, partnerships with giants like Evolution Gaming ensure top-notch quality, solidifying its status as a top crypto casino.
    • Privacy-First Approach: With no KYC for most crypto transactions, JACKBIT is the best no KYC casino, offering anonymity that appeals to privacy-conscious players. This feature makes it a favorite among the best crypto casinos.

    >>PLAY FREELY, STAY ANONYMOUS – CLICK HERE TO JOIN JACKBIT TODAY!<<

    • Lucrative Bonuses: New players enjoy 100 wager-free spins, a 30% rakeback, and a 100% risk-free esports bet. Weekly tournaments with $20,000 prize pools keep the excitement alive, making JACKBIT a top Bitcoin casino for rewards.
    • 24/7 Support: JACKBIT’s support team is available via live chat, email, and phone, ensuring players get help anytime. This dedication enhances its reputation as a safe and reliable crypto gambling site.
    • Ironclad Security: Featuring SSL encryption and provably fair gaming, JACKBIT ensures a secure environment, making it one of the safest options among the best crypto casinos.

    These qualities make JACKBIT a trailblazer among crypto gambling sites, delivering an experience that’s hard to beat.

    Bonuses And Promotions

    JACKBIT keeps players engaged with a range of exciting bonuses and promotions, ensuring every session is rewarding. Here’s what you can expect from this new crypto casino:

    • Welcome Bonus: Kick off with 100 wager-free spins, a 30% rakeback, and a 100% risk-free esports bet on your first deposit.
    • Daily and Weekly Tournaments: Participate in sports competitions with up to $20,000 in prize pools or JACKBIT tournaments with up to $10,000 and 1,000 free spins.
    • Cashback Rewards: Regular cashback on losses extends your playtime, a hallmark of the best crypto casinos.
    • Esports Bonuses: Enjoy bet insurance and free bets tailored for esports enthusiasts.
    • VIP Rakeback Club: Loyal players earn points for cash, faster withdrawals, and exclusive perks.
    • 3+1 FreeBet: Place 3 bets and get the fourth free.
    • Drops & Wins: Dive into a $2,000,000 prize pool for slots and live casino games.
    • Social Media Rewards: Follow JACKBIT’s social channels for exclusive bonuses.

    These promotions make JACKBIT one of the most rewarding new crypto casinos, offering endless value to players.

    >>CLICK HERE TO CLAIM YOUR 100 WAGER-FREE SPINS<<

    Guide To Join JACKBIT

    Getting started with JACKBIT is a breeze, designed to have you playing in minutes at one of the best crypto casinos. Follow these steps:

    1. Visit the JACKBIT Website:
    Click here to head to the official JACKBIT site to start your journey. The website’s sleek design makes navigation effortless, even for first-time users. Ensure you’re on an authentic site to protect your information.

    2. Sign Up:
    Click “Register” and provide your email and a secure password. No KYC is needed for crypto users, reinforcing JACKBIT’s status as the best no KYC casino. The process takes seconds, letting you dive into the action quickly.

    3. Verify Your Email:
    Check your inbox for a verification link and click to activate your account. This step ensures your account is secure and ready for use. Be sure to check your spam folder if the email doesn’t appear immediately.

    4. Deposit Funds:
    Navigate to the deposit section, choose your preferred cryptocurrency, and follow the prompts. Fiat options like Visa or Google Pay are available to buy crypto. Instant processing of deposits allows you to begin playing right away.

    5. Claim Your Bonus:
    Grab 100 wager-free spins, a 30% rakeback, and a 100% risk-free sports bet to boost your start. These bonuses are automatically credited after your first deposit. Check the promotions page for any additional offers.

    6. Start Gaming:
    Explore the 8,000+ games and dive into the action at this top crypto casino. Everyone can find something they enjoy, whether it’s live casinos or slots. Use the intuitive interface to find your favorite games quickly.

    This simple process ensures you’re quickly immersed in the best Bitcoin casino experience.

    Pros And Cons Of JACKBIT

    Here’s a balanced look at JACKBIT’s strengths and weaknesses to help you decide if it’s the right fit among the best crypto casinos:

    Pros Cons
    Ultra-fast crypto withdrawals (often within 15 minutes) No direct fiat wagering options
    Over 8,000 games for an endless variety  
    No KYC for crypto users  
    Generous bonuses with wager-free spins  
    24/7 customer support via multiple channels  
    Robust security with SSL encryption  

    This table highlights why JACKBIT is a top Bitcoin casino while noting areas for consideration.

    Game Selection At JACKBIT

    JACKBIT’s game library is a treasure trove, offering over 8,000 titles to suit every player. Partnering with industry leaders like Pragmatic Play and Betsoft, it delivers premium entertainment across these categories:

    • Slots: From classic reels to feature-packed video slots with Megaways and jackpots, there’s something for every slot lover. Popular titles offer immersive themes and high RTP rates for better-winning chances. Regular updates ensure fresh content, keeping JACKBIT among the best crypto casinos for slot enthusiasts.
    • Live Casino: Experience real-time thrills with live dealers in blackjack, roulette, baccarat, and game shows. High-definition streaming creates an authentic casino atmosphere from anywhere. Players can interact with dealers, enhancing the social aspect of this top crypto casino.

    >>SIGN UP WITH JACKBIT TO CHECK OUT YOUR FAVORITE GAMES<<

    • Table Games: Enjoy strategic classics like poker, blackjack, and roulette in various styles. Multiple variants cater to both beginners and seasoned players. Provably fair options add transparency, a key feature of the best BTC casino.
    • Sports Betting: JACKBIT’s sportsbook offers competitive odds and live betting options for a variety of sports, such as basketball, football, and esports.
    • Instant Games: Try quick-play options like crash games and scratch cards for fast fun. These games are perfect for players seeking instant results with minimal strategy. Their simplicity and high rewards make JACKBIT a top Bitcoin casino for casual gamers.

    This variety cements JACKBIT’s place among the best crypto casinos for diverse gaming.

    Why Choose Crypto Casinos?

    Crypto casinos like JACKBIT are reshaping online gambling with unique advantages over traditional platforms, making them a top choice for modern players:

    • Anonymity: No KYC requirements for crypto users ensure privacy, positioning JACKBIT as the best no KYC casino.
    • Speed: Crypto transactions are lightning-fast, with withdrawals often processed in minutes, a key feature of the best BTC casino.
    • Security: Blockchain technology guarantees secure, transparent transactions, making JACKBIT a safe crypto gambling site.
    • Global Reach: Crypto casinos bypass many fiat-related restrictions, offering broader access worldwide.
    • Low Fees: Cryptocurrency transactions typically have minimal fees, maximizing player value at the best crypto casinos.

    These benefits make JACKBIT a standout in the world of crypto gambling sites.

    Payment Methods

    JACKBIT is a crypto-first platform, supporting a variety of cryptocurrencies for seamless deposits and withdrawals:

    • Cryptocurrencies:
      • Bitcoin (BTC)
      • Ethereum (ETH)
      • Tether (USDT)
      • Binance Coin (BNB)
      • Litecoin (LTC)
      • Dogecoin (DOGE)
      • Tron (TRX)

    >>CLICK HERE TO VISIT JACKBIT & EXPERIENCE INSTANT PAYOUTS!<<

    • Fiat-to-Crypto Options:
      • Visa
      • Mastercard
      • Google Pay
      • Apple Pay
      • Bank Transfer

    All gameplay occurs in cryptocurrency, reinforcing JACKBIT’s status as a top Bitcoin casino with secure, fast transactions.

    How To Buy Crypto At JACKBIT?

    Purchasing crypto to play at this new crypto casino is straightforward:

    1. Log into your JACKBIT account.
    2. Go to “Deposit” and select “Buy Crypto.”
    3. Choose a fiat method (e.g., Mastercard or Google Pay).
    4. Pick your desired cryptocurrency.
    5. Enter the amount and confirm.
    6. Funds are credited instantly for gameplay.

    This process makes JACKBIT accessible even for crypto newcomers, enhancing its appeal among the best crypto casinos.

    Mobile Compatibility

    JACKBIT is optimized for mobile gaming, letting you enjoy its full range of games on iOS and Android devices through any browser. While there’s no dedicated app, the responsive website mirrors the desktop experience, including live casino and esports betting. This flexibility makes JACKBIT a top crypto casino for players on the move.

    User Interface And Experience

    JACKBIT’s sleek, modern interface features intuitive navigation and a dark theme that’s easy on the eyes. High-quality graphics, fast-loading pages, and multi-language support create a welcoming experience for global players. Whether on desktop or mobile, the seamless design ensures effortless browsing, solidifying JACKBIT’s reputation as a top Bitcoin casino.

    Responsible Gambling At JACKBIT – The Best Crypto Casino

    JACKBIT prioritizes player well-being with tools to promote responsible gambling:

    • Self-Exclusion: Temporarily or permanently pause your account to take a break. This feature is ideal for players needing time away to reassess their habits. JACKBIT ensures the process is user-friendly and respects player privacy throughout.
    • Deposit Limits: To control expenditure, establish daily, weekly, or monthly restrictions. These customizable limits help prevent overspending and promote financial control. Players can easily adjust or remove limits via their account settings as needed.
    • Reality Checks: Get periodic reminders of your playtime to stay mindful. These notifications help you track session duration and encourage balanced gaming. You can configure the frequency to match your preferences for a personalized experience.
    • Cooling-Off Periods: Take a short break without closing your account. This temporary pause is perfect for players seeking a brief reset. It allows you to step back while keeping your account active for future play.

    These features, paired with links to support resources, make JACKBIT a responsible choice among the best crypto casinos.

    Conclusion: JACKBIT—The Best Crypto Casino For 2025

    JACKBIT emerges as a titan among the best crypto casinos in 2025, blending speed, variety, and security. Its vast game library, instant withdrawals, generous bonuses, and no KYC policy make it the best Bitcoin casino for players of all levels. With a user-friendly interface, robust security, and a commitment to responsible gambling, JACKBIT delivers an unrivaled experience. Join now and see why it’s the ultimate destination for crypto gambling sites.

    >>CLICK HERE TO UNLOCK YOUR BONUS PACK: 100 FREE SPINS!<<

    FAQs

    1. Why is JACKBIT considered one of the best crypto casinos?

    JACKBIT shines with fast withdrawals, a massive game library, and no KYC, making it a top crypto casino.

    2. How fast are withdrawals at JACKBIT?

    Crypto withdrawals are typically processed within 15 minutes, earning JACKBIT its best BTC casino status.

    3. Can I use fiat currencies to wager at JACKBIT?

    No, wagering is crypto-only, but fiat options like Visa are available to buy crypto.

    4. Are there fees for withdrawals at JACKBIT?

    JACKBIT offers fee-free withdrawals, a perk of this top Bitcoin casino.

    5. Is JACKBIT accessible worldwide?

    Availability varies by region; check JACKBIT’s terms to confirm access in your country.

    6. What support options does JACKBIT provide?

    JACKBIT offers 24/7 support via live chat, email, and phone for quick assistance.

    Email: support@JACKBIT.com

    Disclaimer

    Gambling entails hazards and needs to be handled carefully. Participants have to be of the legal gambling age in the region they reside in. The information provided here does not provide financial advice; it is merely meant to be helpful. Always gamble responsibly and within your means.

    This article is for informational and promotional purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no warranties regarding the completeness or timeliness of the content. Readers should verify information independently before acting on it. The publisher, affiliates, and contributors are not liable for any errors, omissions, or losses arising from this content.

    This article may contain affiliate links, which may earn a commission at no extra cost to you. These relationships do not influence our editorial integrity, and all evaluations are based on independent research. Gambling is intended for those of legal age (typically 18+). It carries financial risks and may lead to addiction. Gamble responsibly and seek help if needed. Brand names and trademarks belong to their respective owners.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7fac4085-28e6-4561-8a68-1fd71c53f261

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0d3b8fd9-23ef-4a84-94ff-cd4ab02f8ff3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cc1e20b6-dabe-427c-9e0c-6f2af8b8bcb6

    The MIL Network

  • MIL-OSI Russia: China Launches Satellite Group from Sea Using CERES-1 Rocket

    Translation. Region: Russian Federal

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

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

    HAIYANG, Shandong Province, May 19 (Xinhua) — China on Monday successfully launched a commercial carrier rocket CERES-1 from a platform in waters off east China’s Shandong Province, sending a group of four satellites in the Tianqi constellation into a planned orbit.

    The launch took place at 15:38 Beijing time from the Taiyuan Satellite Launch Center from a sea platform. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Suspect in Southern California car bombing identified

    Translation. Region: Russian Federal

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

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

    LOS ANGELES, May 19 (Xinhua) — Guy Edward Bartkus, 25, is the prime suspect in a car bombing Saturday outside a fertility clinic in the southern California city of Palm Springs, authorities said Sunday.

    Authorities believe the suspect was killed in the blast and at least four others were injured.

    “The suspect had a nihilistic streak,” FBI Los Angeles Field Office Assistant Director Akil Davis said at a news conference Sunday, adding that the bombing was a “targeted attack.”

    According to him, the suspect tried to broadcast the explosions live.

    Palm Springs Police Chief Andy Mills said at a news conference Sunday that investigators were continuing to gather evidence at the explosion scene.

    E. Mills noted that “the city is safe” and “our society is not in any danger.” –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Two killed, two injured in knife attack in South Korea

    Translation. Region: Russian Federal

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

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

    SEOUL, May 19 (Xinhua) — Two people were killed and two others injured in a knife attack in South Korea, and the suspect is on the run, Renhap News Agency reported Monday.

    The suspect fled after stabbing a woman in her 60s at a convenience store in Siheung City, 30 km southwest of Seoul, at around 9:34 a.m. local time. The woman was taken to hospital with serious stab wounds to her stomach and face.

    The unidentified body of a man in his 50s was found in the suspect’s home after police established his car number, home address and identity. The body had likely been there for several days.

    The suspect stabbed another man in his 70s at a sports park 2km from the store at around 1:21pm local time. The man was seriously wounded in the stomach and taken to hospital for treatment.

    Police found another unidentified body in a house opposite the store at around 2 p.m. local time. –0–

    MIL OSI Russia News