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CORVALLIS, Ore.--(BUSINESS WIRE)--Dec 16, 2024-- NuScale Power Corporation (NuScale or the Company) (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced the opening of its next Energy Exploration (E2) Center at The Ohio State University in Columbus to help support the development of the next generation’s nuclear workforce. This E2 Center was co-funded by The Ohio State University Department of Mechanical and Aerospace Engineering and a grant from the U.S. Department of Energy’s Nuclear Energy University Programs (NEUP). NuScale are innovative learning environments that offer users a hands-on opportunity to apply nuclear science and engineering principles through simulated, real-world nuclear power plant operation scenarios. Using state-of-the-art computer modeling within a 12-module SMR power plant control room simulator, the E2 Center allows users to assume the role of control room operator. The E2 Center will also facilitate community education on the benefits of nuclear power through demonstrations, tours to local leaders, K-12 students, and the broader public. “Building a nuclear-ready workforce is critical to the success of the clean energy transition,” said John Hopkins, NuScale President and Chief Executive Officer. “The nuclear industry is facing a shortage of skilled workers and that’s why partnerships like the one with The Ohio State University are so critical for the future. NuScale E2 centers provide truly one-of-a-kind experiences for students that we know helps foster interest and understanding of the nuclear industry and our SMR technology.” “The installation of this simulator will provide opportunities for a better understanding of how nuclear reactors can operate,” said Rob Siston, Professor and Chair, Department of Mechanical and Aerospace Engineering at The Ohio State University. “Our department is proud to support the progress toward the next generation of advanced reactor operators and the nuclear workforce.” NuScale E2 Centers operate at Oregon State University (Corvallis, Ore.), Texas A&M University (College Station, Tex.), Idaho State University (Pocatello, Idaho), University Politechnica (Bucharest, Romania), and Seoul National University (Seoul, South Korea). Title provides identification purposes only. The views and opinions expressed are those of the individual only and do not necessarily reflect the positions of The Ohio State University. Founded in 2007, NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The Company’s groundbreaking SMR technology is powered by the NuScale Power ModuleTM, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output. As the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. To learn more, visit NuScale Power’s or follow us on , , , and . This release may contain forward-looking statements (including without limitation statements to the effect that the Company or its management "will," "believes," "expects," “anticipates,” "plans" or other similar expressions). These forward-looking statements include statements relating to strategic and operational plans, capital deployment, future growth, new awards, backlog, earnings and the outlook for the Company’s business. Actual results may differ materially as a result of a number of factors, including, among other things, the Company’s liquidity and ability to raise capital; the Company's failure to receive new contract awards; cost overruns, project delays or other problems arising from project execution activities, including the failure to meet cost and schedule estimates; intense competition in the industries in which we operate; failure of our partners to perform their obligations; cyber-security breaches; foreign economic and political uncertainties; client cancellations of, or scope adjustments to, existing contracts; failure to maintain safe worksites and international security risks; risks or uncertainties associated with events outside of our control, including weather conditions, pandemics (including COVID-19), public health crises, political crises or other catastrophic events; the use of estimates and assumptions in preparing our financial statements; client delays or defaults in making payments; the failure of our suppliers, subcontractors and other third parties to adequately perform services under our contracts; uncertainties, restrictions and regulations impacting our government contracts; the inability to hire and retain qualified personnel; the potential impact of certain tax matters; possible information technology interruptions; the Company's ability to secure appropriate insurance; liabilities associated with the performance of nuclear services; foreign currency risks; the loss of one or a few clients that account for a significant portion of the Company's revenues; damage to our reputation; failure to adequately protect intellectual property rights; asset impairments; climate change and related environmental issues; increasing scrutiny with respect to sustainability practices; the availability of credit and restrictions imposed by credit facilities for our clients, suppliers, subcontractors or other partners; failure to obtain favorable results in existing or future litigation and regulatory proceedings, dispute resolution proceedings or claims, including claims for additional costs; failure by us or our employees, agents or partners to comply with laws; new or changing legal requirements, including those relating to environmental, health and safety matters; failure to successfully implement our strategic and operational initiatives and restrictions on possible transactions imposed by our charter documents and Delaware law. Caution must be exercised in relying on these and other forward-looking statements. Due to known and unknown risks, the Company’s results may differ materially from its expectations and projections. Additional information concerning these and other factors can be found in the Company's public periodic filings with the Securities and Exchange Commission, including the general economic conditions and other risks, uncertainties and factors set forth in the section entitled “Cautionary Note Regarding Forward-Looking Statements and Summary of Risk Factors” in the Company’s annual report on Form 10-K for the period ended December 31, 2023 and under similar headings in subsequent filings with the U.S. Securities and Exchange Commission. The referenced SEC filings are available either publicly or upon request from NuScale's Investor Relations Department at . The Company disclaims any intent or obligation other than as required by law to update its forward-looking statements in light of new information or future events. View source version on : CONTACT: Media contact Chuck Goodnight, Vice President, Business Development contact Scott Kozak, Director, Investor Relations KEYWORD: OREGON OHIO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: EDUCATION ENGINEERING MANUFACTURING ENERGY NUCLEAR UNIVERSITY SOURCE: NuScale Power Copyright Business Wire 2024. PUB: 12/16/2024 04:15 PM/DISC: 12/16/2024 04:13 PMROCHESTER, NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Michael J. Ransford as Site Manager. In this role, Ransford will oversee technology and operations. With over 30 years of experience in engineering, operations, and business leadership, Ransford brings a wealth of expertise to Syntec Optics. His impressive career began at the forefront of the internet revolution in the 90s, contributing optics to the critical infrastructure using DWDM technology. Syntec Optics can benefit from this knowledge for its data center optical connectivity products, the growth of which is driven by artificial intelligence deployment. Mike later worked at Semrock, which was subsequently acquired by publicly listed company IDEX, where he contributed to operational efficiency improvements during top-line growth. Syntec Optics can benefit from this background for building efficiency while scaling manufacturing. At IDEX, Ransford advanced to Site Manager, applying his knowledge to global facilities. He later became VP of Life Sciences Optics at IDEX, successfully consolidating multiple optics facilities in Rochester, NY, with the support of government aid. Most recently, he worked in the thin film coating business, an area of vendor improvement for Syntec. He worked closely with investors, leading operations to drive growth from optics M&A using rigorous financial and operational performance metrics. All of this experience benefits Syntec Optics in its long-term M&A strategy. “We are thrilled to welcome Mike to the Syntec Optics team,” said Dean Rudy, CFO at Syntec Optics. “His extensive experience and leadership skills, coupled with his proven track record of driving operational excellence and business growth, will be invaluable as we continue to innovate and expand our operations. We are confident that Mike will significantly contribute to our ongoing success.” Ransford holds a Master’s degree in Electrical Engineering from Johns Hopkins University and a Bachelor’s in Electrical Engineering from the University of Michigan. About Syntec Optics Syntec Optics Holdings, Inc. (Nasdaq: OPTX), headquartered in Rochester, NY, is one of the largest custom and diverse end-market optics and photonics manufacturers in the United States. Operating for over two decades, Syntec Optics runs a state-of-the-art facility with extensive core capabilities of various optics manufacturing processes, both horizontally and vertically integrated, to provide a competitive advantage for mission-critical OEMs. Syntec Optics recently launched new products, including Low Earth Orbit (LEO) satellite optics, lightweight night vision goggle optics, biomedical equipment optics, and precision microlens arrays. To learn more, visit www.syntecoptics.com. Forward-Looking Statements This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to the transactions contemplated by the business combination and related agreements, future results of operations and financial position, revenue and other metrics, planned products and services, business strategy and plans, objectives of management for future operations of Syntec Optics, market size, and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the control of Syntec Optics), which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Syntec Optics and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) risk outlined in any prior SEC filings; 2) ability of Syntec Optics to successfully increase market penetration into its target markets; 3) the addressable markets that Syntec Optics intends to target do not grow as expected; 4) the loss of any key executives; 5) the loss of any relationships with key suppliers including suppliers abroad; 6) the loss of any relationships with key customers; 7) the inability to protect Syntec Optics’ patents and other intellectual property; 8) the failure to successfully execute manufacturing of announced products in a timely manner or at all, or to scale to mass production; 9) costs related to any further business combination; 10) changes in applicable laws or regulations; 11) the possibility that Syntec Optics may be adversely affected by other economic, business and/or competitive factors; 12) Syntec Optics’ estimates of its growth and projected financial results for the future and meeting or satisfying the underlying assumptions with respect thereto; 13) the impact of any pandemic, including any mutations or variants thereof and the Russian/Ukrainian or Israeli conflict, and any resulting effect on business and financial conditions; 14) inability to complete any investments or borrowings in connection with any organic or inorganic growth; 15) the potential for events or circumstances that result in Syntec Optics’ failure to timely achieve the anticipated benefits of Syntec Optics’ customer arrangements; and 16) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in prior SEC filings including registration statement on Form S-4 filed with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Syntec Optics does not give any assurance that Syntec Optics will achieve its expected results. Syntec Optics does not undertake any duty to update these forward-looking statements except as otherwise required by law. For further information, please contact: Sara Hart Investor Relations InvestorRelations@syntecoptics.com SOURCE: Syntec Optics Holdings, Inc. (Nasdaq: OPTX)OTTAWA — The Atlantic Liberal caucus is calling on Prime Minister Justin Trudeau to resign as party leader in a letter expressing "deep concern" about the future of government. The letter dated Dec. 23 was shared publicly Sunday by New Brunswick MP Wayne Long, who has been saying since the fall that Trudeau should step down. Long wrote in a Facebook post that he shared the letter for "openness and transparency." "If we are to have any chance in the next election, and prevent a Pierre Poilievre government, we need new leadership with a new vision for our party and the country," Long wrote. Atlantic caucus chair and Nova Scotia MP Kody Blois penned the letter, saying it is no longer "tenable" for Trudeau to continue to lead the party. The letter notes that the country faces "instability" amid U.S. president-elect Donald Trump's tariff threats and signals from opposition parties that they will declare non-confidence in Trudeau's government at the first opportunity. The letter thanks Trudeau for his nine years of service as prime minister, saying he leaves a "positive and consequential legacy." It cautions Trudeau that could be undone if he stays on as leader. The letter comes less than two weeks after Chrystia Freeland's resignation from Trudeau's cabinet as finance minister and deputy prime minister. "Our colleagues this morning expressed their deep personal affection for you, their pride in our work as a Liberal team, but also their deep concern that without a leadership change that progress will be lost under a Pierre Poilievre-lead government," Blois wrote to Trudeau. The letter concludes with a call for a national caucus meeting in early January so the Liberal MPs can discuss their next steps. Blois did not respond immediately to a request for comment. Trudeau is said to be thinking about his future during the holiday break. Conservative MP John Williamson said Friday he plans to introduce a non-confidence motion at the next public accounts committee meeting on Jan. 7. If that motion is successful at committee, it would be forwarded to the House of Commons and could be voted on as soon as Jan. 30, triggering an election if it passes. The Conservatives brought forward three non-confidence motions during the fall sitting of the House of Commons, which the Liberals survived thanks to support from the NDP. However, NDP Leader Jagmeet Singh now says that his party has lost confidence in the government and intends to bring forward a non-confidence motion in the new year, regardless of who is Liberal leader. This report by The Canadian Press was first published Dec. 29, 2024. David Baxter, The Canadian Pressmnl777 apk 。

Ambient Scientific unveils first ever AI module powered by a coin cell batteryObamas, IL Gov. Pritzker, Chicago mayor share tributes for late former President Jimmy CarterNone

Company's first ultra-low power AI module will be commercially available for wearables and various other battery-powered on-device AI applications starting Q1 2025 SANTA CLARA, Calif. , Dec. 16, 2024 /PRNewswire/ -- Ambient Scientific, The AI Processor Company, announced today its first coin cell battery powered AI module, named the Sparsh-board, targeted for a variety of on-device AI applications such as human activity recognition, voice control, acoustic event detection and more capable of running on a coin cell battery for months of always-on AI operation. Equipped with motion sensors, a digital microphone, BLE module and several other components, the Sparsh module is an extremely powerful and versatile module to enable rapid prototyping of a vast array of battery-powered AI applications. "While traditional MCUs force an undesirable tradeoff between AI performance and power consumption, our ultra-low power AI processor GPX10 ushers a paradigm shift with our groundbreaking analog in-memory computing technology," said GP Singh, Founder and CEO of Ambient Scientific. Product makers can now enable highly accurate and diverse AI applications without compromising on AI performance, battery life, form factor, flexibility and more. Ambient Scientific's exhaustive software stack makes the development of AI applications easier than ever before with support for industry standard AI frameworks such as Tensorflow and keras and a continuously evolving homegrown compiler, capable of supporting essentially all the major types of neural networks. With various sample AI applications and algorithms included, developers can get begin developing AI applications within minutes of downloading our AmbiSense SDK . Current applications being worked on cut across industries, including predictive maintenance, AI-enabled medical devices, wearables, voice controlled toys and more. With increasing demand from product makers, enthusiasts, students and researchers alike, Ambient Scientific plans to launch several reference designs for battery-powered AI applications and similar form factor modules to enable rapid prototyping and fulfill its mission to make AI computing efficient, accessible and affordable for all. Meet Ambient Scientific at CES 2025 Ambient Scientific is excited to unveil its Sparsh AI module at CES 2025 with live demostrations of AI applications running on coin cell batteries such as Fall Detection, voice recognition and more. To explore potential synergies, attendees can schedule meetings CES 2025 with Ambient Scientific at. To learn more about Ambient Scientific, visit our booth at CES 2025 or download our press kit . About Ambient Scientific Ambient Scientific is a fabless semiconductor company pioneering AI hardware and software design to create next-generation low-power processors for edge and on-device AI applications. With a team comprised of Ex-Sun Microsystems, Intel, Broadcom and Google professionals, Ambient Scientific is committed to bringing the power of AI to all, through cutting edge hardware and software products. To learn more about its products, visit www.ambientscientific.ai and follow Ambient Scientific on LinkedIn . Click here for more details about our booth at: https://ces25.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=0013A00001egpuFQAQ . View original content to download multimedia: https://www.prnewswire.com/news-releases/ambient-scientific-unveils-first-ever-ai-module-powered-by-a-coin-cell-battery-302332996.html SOURCE Ambient Scientific, Inc.

Elon Musk backs Germany's far-right party ahead of upcoming elections

UK spies 'to share most discreet work with Norway' in new pact to stop Putin agents

CHANTILLY, Va.--(BUSINESS WIRE)--Dec 16, 2024-- Amentum Holdings, Inc. (“Amentum” or the “Company”) (NYSE: AMTM), a leading advanced engineering and technology company, today announced results for the fiscal year ended September 27, 2024, and affirmed its outlook for fiscal year 2025. “We reported strong results for fiscal year 2024, delivering top-line and bottom-line growth,” commented Amentum Chief Executive Officer John Heller. “2024 was a significant year in our Company’s history, culminating in the merger of Amentum with Jacobs’ Critical Mission Solutions and Cyber & Intelligence businesses to create one of the strongest advanced engineering and technology companies in the industry. Today, over two months since the merger, we continue to be excited about the combined strength of these two historic businesses. We have transformed Amentum into a larger, more diversified company with broader customer reach and capabilities to deliver greater value to the world’s most complex challenges. In fiscal year 2025 we already see positive momentum and are confident in our outlook.” GAAP Results GAAP revenues, which exclude Jacobs' Critical Mission Solutions and Cyber & Intelligence (CMS) businesses, increased 7% year-over-year driven by new contract awards and growth on existing programs. GAAP operating income increased primarily as a result of a non-cash impairment charge that was recognized during fiscal year 2023. Operating income also benefited from reduced intangible amortization expense and the higher revenue volume. GAAP net loss and diluted loss per share improved year-over-year due to the higher operating income and a gain on the acquisition of a controlling interest, partially offset by higher interest expense and a loss on extinguishment of debt. Pro Forma and Non-GAAP Results Pro forma revenues, which include the results of CMS prepared in accordance with the requirements of Article 11 of Regulation S-X, increased 4% year-over-year driven by new contract awards and growth on existing programs partially offset by the expected ramp-down of other historical programs. Pro Forma Adjusted EBITDA increased 7% year-over-year primarily due to the higher revenue volume and improved operating performance. Pro Forma Adjusted Net Income and Adjusted Diluted Earnings Per Share increased due to the higher operating income partially offset by increased tax expense. Backlog and Contract Awards As of September 27, 2024, the Company had a total backlog of $45.0 billion, compared with $26.8 billion a year ago, an increase of $18.2 billion primarily due the addition of backlog from CMS. Funded backlog as of September 27, 2024 was $7.6 billion. Notable Fiscal Year 2024 Awards Fiscal Year 2025 Guidance Amentum affirms its fiscal year 2025 guidance originally presented at Capital Markets Day on August 13, 2024 and provides Adjusted Diluted Earnings Per Share (EPS) guidance. Webcast Information Amentum will host a conference call beginning at 8:30 a.m. Eastern time on Tuesday, December 17, 2024 to discuss the results for the fiscal year ended September 27, 2024. The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of the Amentum website at ir.amentum.com . After the call concludes, a replay of the webcast can be accessed on the Investor Relations website. About Amentum Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, inclusion and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries. Visit us at amentum.com to learn how we advance the future together. Cautionary Note Regarding Forward Looking Statements This release contains or incorporates by reference statements that relate to future events and expectations and, as such, could be interpreted to be “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements may be characterized by terminology such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including projections of financial performance; statements of plans, strategies and objectives of management for future operations; any statement concerning developments, performance or industry rankings relating to products or services; any statements regarding future economic conditions or performance; any statements of assumptions underlying any of the foregoing; and any other statements that address activities, events or developments that the Company intends, expects, projects, believes or anticipates will or may occur in the future. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others: changes in U.S. or global economic, financial, business and political conditions, including changes to governmental budgetary priorities; our ability to comply with the various procurement and other laws and regulations; risks associated with contracts with governmental entities; reviews and audits by the U.S. government and others; changes to our professional reputation and relationship with government agencies; the occurrence of an accident or safety incident; the ability of the Company to control costs, meet performance requirements or contractual schedules, compete effectively or implement its business strategy; the ability of the Company to retain and hire key personnel, and retain and engage key customers and suppliers; the failure to realize the anticipated benefits of the 2024 transaction with Jacobs Solutions Inc.; potential liabilities associated with shareholder litigation or other settlements or investigations; evolving legal, regulatory and tax regimes; and other factors set forth under Item 1A, Risk Factors in the annual report on Form 10-K (the “Annual Report”), and from time to time in documents that we file with the SEC. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see the discussions under the section entitled “Risk Factors” in the Annual Report. Any forward-looking statement speaks only as of the date on which it is made, and we assume no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Pro Forma and Non-GAAP Measures This release includes the presentation and discussion of pro forma financial information that incorporates the results of CMS prepared in accordance with the requirements of Article 11 of Regulation S-X. This release also includes the presentation and discussion of Pro Forma Adjusted EBITDA, Pro Forma Adjusted EBITDA Margin, Pro Forma Adjusted Net Income, Pro Forma Adjusted Diluted Earnings Per Share, and Free Cash Flow, which are not measures of financial performance under Generally Accepted Accounting Principles in the United States (“GAAP”). These pro forma and non-GAAP measures should be considered only as supplements to, and should not be considered in isolation or used as substitutes for, financial information prepared in accordance with GAAP. Management of the Company believes these pro forma and non-GAAP measures, when read in conjunction with the Company’s financial statements prepared in accordance with GAAP and, where applicable, the reconciliations herein to the most directly comparable GAAP measures, provide useful information to management, investors and other users of the Company’s financial information in evaluating operating results and understanding operating trends by adjusting for the effects of items we do not consider to be indicative of the Company’s ongoing performance, the inclusion of which can obscure underlying trends. Additionally, management of the Company uses such measures in its evaluation of business performance, particularly when comparing performance to past periods, and believes these measures are useful for investors because they facilitate a comparison of financial results from period to period. The computation of pro forma and non-GAAP measures may not be comparable to similarly titled measures reported by other companies, thus limiting their use for comparability. Definitions of applicable non-GAAP measures and reconciliations to the most directly comparable GAAP measures are provided elsewhere in this release. AMENTUM HOLDINGS, INC. UNAUDITED PRO FORMA NON-GAAP FINANCIAL MEASURES The presentation and discussion of Pro Forma Adjusted EBITDA, Pro Forma Adjusted EBITDA Margin, Pro Forma Adjusted Net Income, Pro Forma Adjusted Diluted EPS, and Free Cash Flow are not measures of financial performance under Generally Accepted Accounting Principles in the United States (“GAAP”). These non-GAAP measures should be considered only as supplements to, and should not be considered in isolation or used as a substitute for, financial information prepared in accordance with GAAP. Management believes these non-GAAP measures, when read in conjunction with our consolidated financial statements prepared in accordance with GAAP and the reconciliations herein to the most directly comparable GAAP measures, provide useful information in assessing trends in our ongoing operating performance and may provide greater visibility in understanding the long-term financial performance of the Company. The computation of non-GAAP measures may not be comparable to similarly titled measures reported by other companies, thus limiting their use for comparability. Pro Forma Adjusted EBITDA is defined as pro forma net (loss) income attributable to common shareholders, which incorporates the results of CMS prepared in accordance with the requirements of Article 11 of Regulation S-X, adjusted for pro forma interest expense and other, net, pro forma (benefit) provision for income taxes, pro forma depreciation and amortization, and excludes the following discrete pro forma items: Pro Forma Adjusted EBITDA Margin is defined as Pro Forma Adjusted EBITDA divided by Pro Forma Revenues. Pro Forma Adjusted Net Income is defined as pro forma net (loss) income attributable to common shareholders, which incorporates the results of CMS prepared in accordance with the requirements of Article 11 of Regulation S-X, excluding the discrete pro forma items listed under Pro Forma Adjusted EBITDA and the related pro forma tax impacts. Pro Forma Adjusted Diluted EPS is defined as Pro Forma Adjusted Net Income divided by pro forma diluted weighted average number of common shares outstanding. Free Cash Flow is defined as GAAP cash flow provided by operating activities less purchases of property and equipment. AMENTUM HOLDINGS, INC. UNAUDITED PRO FORMA NON-GAAP FINANCIAL MEASURES (in millions, except per share data and margin percentages) The following table presents the unaudited pro forma combined reconciliation of Pro Forma Adjusted EBITDA, Pro Forma Adjusted EBITDA Margin, Pro Forma Adjusted Net Income and Pro Forma Adjusted Diluted EPS to the most directly comparable pro forma measures for the Company, including CMS, for the fiscal year ended September 27, 2024: AMENTUM HOLDINGS, INC. UNAUDITED PRO FORMA NON-GAAP FINANCIAL MEASURES ( in millions, except per share data and margin percentages) The following table presents the unaudited pro forma combined reconciliation of Pro Forma Adjusted EBITDA, Pro Forma Adjusted EBITDA Margin, Pro Forma Adjusted Net Income and Pro Forma Adjusted Diluted EPS to the most directly comparable pro forma measures for the Company, including CMS, for the fiscal year ended September 29, 2023: AMENTUM HOLDINGS, INC. UNAUDITED PRO FORMA NON-GAAP FINANCIAL MEASURES (in millions, except per share data and margin percentages) The following table presents the unaudited pro forma combined reconciliation of Pro Forma Adjusted EBITDA, Pro Forma Adjusted EBITDA Margin, Pro Forma Adjusted Net Income and Pro Forma Adjusted Diluted EPS to the most directly comparable pro forma measures for the Company, including CMS, for the quarter ended September 27, 2024: AMENTUM HOLDINGS, INC. UNAUDITED PRO FORMA NON-GAAP FINANCIAL MEASURES (in millions, except per share data and margin percentages) The following table presents the unaudited pro forma combined reconciliation of Pro Forma Adjusted EBITDA, Pro Forma Adjusted EBITDA Margin, Pro Forma Adjusted Net Income and Pro Forma Adjusted Diluted EPS to the most directly comparable pro forma measures for the Company, including CMS, for the quarter ended September 29, 2023: View source version on businesswire.com : https://www.businesswire.com/news/home/20241216401951/en/ CONTACT: Investor Relations Contact Nathan Rutledge IR@amentum.comMedia Contact Roela Santos Roela.Santos@amentum.com KEYWORD: VIRGINIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ENVIRONMENT OTHER DEFENSE HOMELAND SECURITY CONSULTING OTHER ENERGY PROFESSIONAL SERVICES PUBLIC POLICY/GOVERNMENT ENERGY STATE/LOCAL DEFENSE SOURCE: Amentum Holdings, Inc. Copyright Business Wire 2024. PUB: 12/16/2024 04:30 PM/DISC: 12/16/2024 04:28 PM http://www.businesswire.com/news/home/20241216401951/enHow this actor earns $5 million a year for show she never starred in; won $1 million in poker, now lives a quiet life

Chargers put J.K. Dobbins on injured reserve

CHICAGO (WLS) -- Illinois and Chicago-area leaders are reacting Sunday to the death of former U.S. President Jimmy Carter. Carter, the former U.S. president known as a champion of international human rights both during and after his White House tenure and who won the Nobel Peace Prize in 2002 for his lifetime of dedication to that cause, died Sunday at 100, ABC News has learned . Carter's death was also announced by the Carter Center on X, which posted "Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia." Tributes and statements from politicians continue to pour in Saturday evening. Former President Barack Obama and First Lady Michelle Obama shared the following statement: For decades, you could walk into Maranatha Baptist Church in Plains, Georgia on some Sunday mornings and see hundreds of tourists from around the world crammed into the pews. And standing in front of them, asking with a wink if there were any visitors that morning, would be President Jimmy Carter - preparing to teach Sunday school, just like he had done for most of his adult life. Some who came to hear him speak were undoubtedly there because of what President Carter accomplished in his four years in the White House - the Camp David Accords he brokered that reshaped the Middle East; the work he did to diversify the federal judiciary, including nominating a pioneering women's rights activist and lawyer named Ruth Bader Ginsburg to the federal bench; the environmental reforms he put in place, becoming one of the first leaders in the world to recognize the problem of climate change. Others were likely there because of what President Carter accomplished in the longest, and most impactful, post-presidency in American history - monitoring more than 100 elections around the world; helping virtually eliminate Guinea worm disease, an infection that had haunted Africa for centuries; becoming the only former president to earn a Nobel Peace Prize; and building or repairing thousands of homes in more than a dozen countries with his beloved Rosalynn as part of Habitat for Humanity. But I'm willing to bet that many people in that church on Sunday morning were there, at least in part, because of something more fundamental: President Carter's decency. Elected in the shadow of Watergate, Jimmy Carter promised voters that he would always tell the truth. And he did - advocating for the public good, consequences be damned. He believed some things were more important than reelection - things like integrity, respect, and compassion. Because Jimmy Carter believed, as deeply as he believed anything, that we are all created in God's image. Whenever I had a chance to spend time with President Carter, it was clear that he didn't just profess these values. He embodied them. And in doing so, he taught all of us what it means to live a life of grace, dignity, justice, and service. In his Nobel acceptance speech, President Carter said, "God gives us the capacity for choice. We can choose to alleviate suffering. We can choose to work together for peace." He made that choice again and again over the course of his 100 years, and the world is better for it. Maranatha Baptist Church will be a little quieter on Sundays, but President Carter will never be far away - buried alongside Rosalynn next to a willow tree down the road, his memory calling all of us to heed our better angels. Michelle and I send our thoughts and prayers to the Carter family, and everyone who loved and learned from this remarkable man. Illinois Governor JB Pritzker issued the following statement: "President Jimmy Carter truly exemplified what it meant to live a life full of service. His towering legacy of compassion for others set a standard that will always be remembered. My deepest condolences to the Carter family and their loved ones. May his memory be a blessing." Chicago Mayor Brandon Johnson issued the following statement: "President Jimmy Carter lived the American dream in every way. His legacy of love and his service to God and country are admirable beyond measure. President Carter valiantly fought for human rights and peace across the world during his presidency and beyond. He continued to serve our country with honor after his presidency by dedicating his retirement to building affordable housing and empowering others to value service and care for our neighbors. President Carter was a personal inspiration to me, as a man of deep faith in the political arena, and his values remain a north star guiding us all. We can all take comfort that he is with his beloved wife Rosalynn and in peace."ESPN Announcer Reveals 1 Thing He's 'Never Seen Before' During Miami-Syracuse Game

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As Hambantota International Port (HIP) gears up to enhance its container operations with the introduction of advanced crane technology in early February 2025, Hambantota International Port Group (HIPG) CEO Wilson Qu emphasised the port’s commitment to exploring untapped markets to expand its portfolio. This strategic initiative aims to significantly boost container volumes and solidify Sri Lanka’s position as a competitive force in global maritime trade. To achieve this, the port is implementing a comprehensive seaside and landside strategy designed to position HIP’s container division strategically for future growth. The port’s landside strategy is progressing actively to attract investors to its industrial zone. Recently, an agreement was signed to establish a sponge-mattress factory within the zone. This business, targeting export markets in the USA, Europe, and Canada, marks a significant milestone as the first agreement finalised since the port launched container operations. Currently, the port is handling an increasing number of inquiries and anticipates finalising several additional agreements in 2025. The industrial zone is poised to create substantial employment opportunities while fostering a collaborative environment where Sri Lankan entrepreneurs can either partner with international companies or invest independently to meet rising international demand. HIPG’s industrial zone will also generate more gateway cargo, drawing liners to the port and significantly enhancing connectivity. This initiative provides a considerable logistical advantage for cargo originating in the region, further solidifying the port’s role as a strategic hub in global trade. “Hambantota Port’s strategic location on Sri Lanka’s southern coast, combined with the island’s central position along key maritime routes, offers a unique opportunity to attract customers who may not have previously considered Sri Lanka a viable option,” the CEO explained, emphasising that HIPG’s strategy goes beyond geopolitical influences and traditional market segmentation. “Instead, our focus is on delivering competitive commercial rates and exceptional service with investment in infrastructure and superstructure, because we are well aware that the port cannot rely solely on its location.” As part of its seaside strategy, the port is entering the relay cargo market, representing a new opportunity for the country, which has a set goal to handle 10 million TEUs between 2025 and 2026. HIPG is also targeting the region’s container market, particularly transhipment. Currently, more than 70% of containerised cargo from the BIMSTEC countries bypasses Sri Lankan ports, presenting a substantial opportunity for HIP to capture a significant portion of this untapped market. Through aggressive and strategic marketing to this segment, HIP aims to position itself as a key hub and unlock untapped potential in the region. Relay cargo refers to the transfer of cargo between two ships at an intermediate port, which involves vessels from the same carrier. It is a strategic move aimed at improving operational efficiency and connecting services across different regions. By utilising an intermediate port, shipping lines can optimise their routes, streamline operations, and reduce overall transit times. In contrast, transhipment involves the movement of cargo between ships — often from different carriers, at an intermediate hub port when there is no direct route between the origin and the destination. By leveraging Sri Lanka’s strategic location and offering tailored landside and seaside solutions for container operations, the Hambantota International Port is poised to redefine regional shipping dynamics and establish itself as a major player in the global logistics sector.A 21-year-old man who went swimming in the Murrumbidgee River has died after drowning, police say. Subscribe now for unlimited access . Login or signup to continue reading All articles from our website & app The digital version of Today's Paper Breaking news alerts direct to your inbox Interactive Crosswords, Sudoku and Trivia All articles from the other regional websites in your area Continue The incident occurred at Pine Island Reserve in Greenway on Sunday afternoon, December 29. The swimmer was reported missing about 6pm after he had not resurfaced. Police and emergency services began looking for the man whose body was found about two hours later. "A search for the man commenced and sadly, his body was found in the water by AFP divers about 7.50pm," a police spokesperson said. READ ALSO: A body in Lake Burley Griffin and the inheritance question answered 40 years later DFAT told to rein in diplomatic visas after slavery cases 'Please slow down': Road crime and injuries are on the rise in Canberra Police will be preparing a report on the death for the ACT coroner. Anyone who witnessed the incident and had not already spoken to police was urged to contact ACT Policing on 131 444 and quote reference 7938612. Pine Island Reserve in Greenway. Picture by Elesa Kurtz Share Facebook Twitter Whatsapp Email Copy Bageshri Savyasachi Journalist I am the police reporter for The Canberra Times. I cover crime, corrections and other emergency services. I am interested in investigative journalism and human stories. Contact me at bageshri.s@canberratimes.com.au or send confidential tips to bageshri.s@proton.me I am the police reporter for The Canberra Times. I cover crime, corrections and other emergency services. I am interested in investigative journalism and human stories. Contact me at bageshri.s@canberratimes.com.au or send confidential tips to bageshri.s@proton.me More from Canberra 'A dying breed': Where to find good atmosphere and classic pubs on the South Coast No comment s The govt should prove it's on the side of citizens when it comes to housing No comment s How to tackle the tricky issue of EV charging in apartment complexes No comment s 'Please slow down': Road crime and injuries are on the rise in Canberra No comment s DFAT told to rein in diplomatic visas after slavery cases No comment s A body in Lake Burley Griffin and the inheritance question answered 40 years later Newsletters & Alerts View all DAILY Your morning news Today's top stories curated by our news team. Also includes evening update. Loading... WEEKDAYS The lunch break Grab a quick bite of today's latest news from around the region and the nation. Loading... DAILY Sport The latest news, results & expert analysis. Loading... 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ATLANTA — President Jimmy Carter’s work making the world a better place will continue because of his faith, a dogged determination to leave a mark on the planet and a curious late-night dream. He left the White House in bitter disappointment and frustration in early 1981 at not having a second term because of the ascendance of Ronald Reagan. The ambitious Carter was not content to build a presidential library and rest on the laurels of a Mideast peace treaty, a nuclear arms deal with the Soviet Union, expanding national parks and reemphasizing human rights in American foreign policy. There was much left undone, in his estimation, but how to go about it now that he was out of the bully pulpit? He and his wife Rosalynn decided to leverage the prestige of his being a former president into opening doors and continuing work addressing poverty, illnesses and democracy around the world. Carter said in a 2009 interview with The Atlanta Journal-Constitution that they realized there could be advantages in working without the shackles of congressional approvals, presidential protocols or inter-party politics. He and Rosalynn would later talk about whether he was able to accomplish more in the world through the Carter Center than he would have as a second-term president. “I think yes,” Carter told the AJC. He reemphasized his satisfaction with his decision during an August 2015 press conference. He said, in retrospect, given the choice between winning a second term or founding the Carter Center, he would have chosen the Carter Center. The well-funded and globally respected nonprofit will carry his work and ideals well into the future. The Carters dived — freelance and sometimes to the chagrin of the White House — into brokering peace between warring groups, addressing global health, shoring up human rights, freeing hostages, spreading democracy and increasing food production. It led to a passel of recognitions and awards — including his 2002 Nobel Peace Prize. The idea for the center came to him in a night-time dream of cabins built on a patch of wooded land, incongruously, within the shadows of Atlanta’s skyline, Carter told the AJC. His center was to be a re-creation of the wooded presidential retreat at Camp David, the location where he orchestrated, through stubborn refusal to accept “no” from either side, the Israel-Egypt Peace Treaty. He found a patch of land east of downtown, but he had to plead with his former United Nations Ambassador Andrew Young, who was then mayor of Atlanta, to spare the land from a proposed highway project. The Israel-Egypt peace deal was a foreign-policy coup in the Mideast that no one has come close to replicating, and Carter’s hopes of re-creating the highlight of forging peace between implacable enemies grew into the ever-evolving Atlanta institution. The Carters wrestled with what the center’s other roles should be before turning to their personal experiences with poverty in south Georgia during the Great Depression. They recalled small-town values of neighborly help and their deeply held Christian values and applied those to Carter Center work. At the center’s founding, his work focused on mediating peace between warring groups, such as helping end a conflict between Ethiopia and its breakaway region of Eritrea. “And we still do some of that,” Carter said, but the focus of the center’s work changed and shifted with world need. They looked for causes few others were working on and used their status to leverage donations and attention, ultimately tipping the balance in battles against various human ills. The Carters’ work moved into fostering democracy by monitoring national and village level elections. Carter and his staff monitored more than 113 elections in 39 countries. As president, he helped normalize relations with China, and its government invited him in the 1990s to help standardize the vast array of electoral procedures in rural areas. The Carters adopted mental health issues, something Rosalynn had worked on since their days in the Georgia governor’s mansion, as well as press freedoms, human rights and government transparency. They threw themselves into food production programs in African villages, something Carter had worked on as president. But it was a visit from an old Georgia friend and former White House staffer Dr. Peter Bourne that opened the former president’s eyes to the issues on which a lion’s share of Carter Center money is spent: the eradication of little-known but devastating diseases. Bourne continued working on world health issues after leaving the White House, but the former president had him come to the Carter Center in May 1985 to talk about Guinea worm disease. Bourne and others believed it could be wiped out, which would make it the second human disease in history to be eliminated, after smallpox. Later that year, Bourne and the Carters were together in Wales indulging in one of their favorite pastimes, fishing. Bourne told them that others had some success eradicating Guinea worm at local levels in Africa and south Asia, where about 3.5 million people were affected. They knew that once the parasitic, water-born cycle was broken, it would be wiped from the earth. But those working on it didn’t have the political clout to convince countries to get involved at the highest levels. Carter could bring that, Bourne told them. Carter thought about it a few weeks, then called Bourne to say he was in. “He has been the driving force in getting the political will necessary ever since,” Bourne said. With Carter raising the profile of the illness and money — the center’s assets were more than $925 million according to its 2020 annual report — governments and nonprofits got behind it. Guinea worm was down to 14 reported cases in 2021 in four African countries, the center said. “We analyzed every human illness on earth to ascertain which ones of those might theoretically be ... eradicated,” Carter said. And they chose four others in addition to Guinea worm. River blindness was found in Africa and parts of Central and South America. By 2015, the center’s work coordinating nonprofits and governments pushed the disease into a few isolated deep-jungle spots in Venezuela and Brazil. With a great deal of optimism, the center moved in 2014 to declare a war on eradication of river blindness in Africa, where more than 100 million people are at risk. The center also began programs for trachoma, an infectious eye disease causing blindness; two diseases carried by parasitic worms, elephantiasis and schistosomiasis; and malaria in the Caribbean. The center will carry the couple’s work well past their demise. “I think 100 years from now we will still have the Carter Center as an independent entity,” Carter said. “I hope they are still doing the kinds of good things we have done so far.” ©2024 The Atlanta Journal-Constitution. Visit at ajc.com . Distributed by Tribune Content Agency, LLC.Tech entrepreneur Elon Musk caused uproar after backing Germany's far-right party in a major newspaper ahead of key parliamentary elections in the Western European country, leading to the resignation of the paper's opinion editor in protest. Germany is to vote in an early election on Feb. 23 after Chancellor Olaf Scholz's three-party governing coalition collapsed last month in a dispute over how to revitalize the country's stagnant economy. Musk's guest opinion piece for Welt am Sonntag —a sister publication of POLITICO owned by the Axel Springer Group — published in German over the weekend, was the second time this month he supported the Alternative for Germany, or AfD. "The Alternative for Germany (AfD) is the last spark of hope for this country," Musk wrote in his translated commentary. He went on to say the far-right party "can lead the country into a future where economic prosperity, cultural integrity and technological innovation are not just wishes, but reality." Tesla CEO Elon Musk, Co-Chair of the newly announced Department of Government Efficiency (DOGE), arrives on Capitol Hill on December 05, 2024 in Washington, D.C. Anna Moneymaker / Getty Images The Tesla Motors CEO also wrote that his investment in Germany gave him the right to comment on...Charan Jeet Singh, Fiji's sugar minister and a millionaire businessman, has described delegates attending the United Nations climate summit COP29 in Baku, Azerbaijan, as a "financial burden to their respective countries". Singh, who was part of the 55-member Fijian government delegation to COP29, took to social media to express his dissatisfaction about the meeting. "My assessment of COP meetings and having first hand experience in the COP 29 meeting is that most of the attendees representing are just wasting time and are financial burden to their respective countries," he wrote in a Facebook post on Friday. "In future we need to send a very lean team of professionals, experts and negotiators who are objective and can deliver their hard and clear message to COP 30 come next year. Read more: Singh believes Fiji cannot be seen watching from the side anymore. He also claimed that 80 percent of climate funding to Pacific Islands goes to non-governmental organisations and governments for travel, consultancy, and wining and dining. "Enough of this drama please. Let's all be serious to save our Islands nations and the livelihood of our citizens and the generations to come. "We need funds to work and make life better for our citizens, not just talk. Let's walk the talk." Fiji's lead negotiator in Baku and Ministry of Environment and Climate Change permanent secretary, Sivendra Michael, told Islands Business that COP29 is "not an exciting journey". "It is a very tedious process, and it is about remaining focused and trying to take each day as it comes," he was quoted as saying by the regional magazine. Last week, Fijian Deputy Prime Minister Biman told AnewZ that COP29 allows "a lot of opportunities...in the overall objective in addressing the impact of climate change on the livelihoods of people."

ATHENS, N.Y. (AP) — Federal engineers will begin the process of preserving a functioning 150-year-old lighthouse that sits precariously on a mudflat in the middle of the Hudson River in New York, officials announced Monday. U.S. Sen. Chuck Schumer and the Army Corps of Engineers said that $50,000 has been allocated to study how to protect the Hudson-Athens Lighthouse , which began operating in 1874 and was this year placed on the National Trust for Historic Preservation’s list of the country’s 11 most endangered historic places. Schumer, a New York Democrat, said he believes the development is the next step to securing all the money needed to save the structure, which is only years away from starting to crumble into the river due to ongoing erosion, according to preliminary studies by a historic preservation group. “This is a landmark, it’s sort of like the Statue of Liberty in a certain sense, of the Hudson River,” Schumer told The Associated Press by phone after announcing the new funding at a riverfront park in Athens, New York, which has a view of the lighthouse. “When people see the lighthouse and learn its history, they learn the history of the country.” The Corps of Engineers will now meet with the Hudson-Athens Lighthouse Preservation Society, which owns the building and maintains it as a museum, and agree on a plan to fix the property, Schumer said. RELATED COVERAGE US agencies should use advanced technology to identify mysterious drones, Schumer says Senate begins final push to expand Social Security benefits for millions of people Manchin, Sinema prevent Democrats from locking in majority on labor board through 2026 He said the millions of dollars needed to ultimately rebuild the small island and preserve it are “virtually certain” because it has been listed as a top priority for preservation. The lighthouse was built in the river 100 miles (161 kilometers) north of Manhattan to keep boats from running aground on mud flats between Athens, on the west side of the Hudson River, and the city of Hudson, on the east side. The lighthouse is still in use, though now with an automated LED beacon. It sits on roughly 200 wood pilings packed in mud beneath the water. Turbulence from passing commercial ships is washing away that mud and exposing the pilings to river water, accelerating decay. The society has proposed expanding the foundation the lighthouse is built on so that events can be held there and more visitors can walk on the island at once. It has been raising money to build a ring of corrugated steel designed to shield the structure from river turbulence. There were around 1,500 lighthouses in the U.S. at the beginning of the 20th century and only about 800 of them remain, according to the U.S. Lighthouse Society.