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Lockheed Martin is designing a space-based missile interceptor and aims to test the technology for potential integration into President Donald Trump’s ‘Golden Dome’ defense shield within the next three years.

The defense contractor revealed this week that it hopes to test a satellite defensive weapon capable of destroying hypersonic missiles by 2028.

If successful, this would mark the first time in history the United States has deployed interceptors in space to destroy enemy missiles before they reach the homeland. Lockheed is still weighing different technologies, ranging from lasers to kinetic satellites that could maneuver and strike high-speed targets in flight.

‘We have missile warning and tracking satellites made by Lockheed Martin in orbit today that provide timely detection and warning of missile threats,’ said Amanda Pound, mission strategy and advanced capabilities director at Lockheed Martin Space, told Fox News Digital.

‘We are committed to making space-based interceptors for missile defense a reality, leveraging our decades of experience, investments, and industry partnerships, to be ready for on orbit testing in 2028.’

Lockheed’s space interceptor project directly supports Trump’s ‘Golden Dome for America’ initiative, first unveiled in May 2025. The ambitious missile defense concept calls for a global constellation of satellites armed with sensors and interceptors, designed to detect, track and eliminate advanced missile threats – including hypersonic and ballistic weapons – before they can strike U.S. soil.

The idea echoes President Ronald Reagan’s 1983 Strategic Defense Initiative, often dubbed ‘Star Wars,’ which was dismissed at the time as science fiction. But today, the technologies once seen as far-fetched are rapidly advancing, according to defense leaders.

Gen. Michael Guetlein, appointed by the Trump administration to head Golden Dome, emphasized that key components of the system already exist, expressing confidence in achieving a test-ready platform by 2028. Still, it’s no easy feat.

‘Intercepting a missile in orbit is a pretty wicked hard problem physics‑wise,’ said Jeff Schrader, vice president of Lockheed’s space division. ‘But not impossible,’ he added, noting breakthroughs in maneuverability and guidance systems.

Analysts caution that to make the Golden Dome vision a reality, the U.S. may need to launch thousands of interceptors into orbit. Some have compared it to the Cold War–era ‘Brilliant Pebbles’ program, which proposed a similar space-based missile shield but was eventually shelved due to skyrocketing costs and technical hurdles.

Golden Dome is currently projected to cost $175 billion, with $25 billion already approved by Congress. But long-term estimates range anywhere from $161 billion to over $830 billion over two decades – raising questions about the program’s affordability and long-term sustainability.

Meanwhile, Lockheed is bolstering ground-based missile defense systems to complement the orbital layer. In March 2025, the company’s Aegis Combat System aboard the USS Pinckney successfully simulated the interception of hypersonic medium-range missiles during the FTX-40 exercise, codenamed Stellar Banshee.

The company is also advancing infrared seeker technology for interceptors, which would enhance the tracking and targeting of fast-moving missiles in their terminal phase.

Lockheed remains a central player in the Pentagon’s broader missile defense and hypersonic weapons development effort. It is the prime contractor for the Next Generation Interceptor (NGI), which is targeting an initial operating capability by the end of fiscal year 2028.

Simultaneously, the company is fulfilling Navy contracts for its Conventional Prompt Strike (CPS) hypersonic weapons system. Sea-based deployment of CPS is expected to begin between 2027 and 2028.

President Trump has publicly stated he wants Golden Dome operational by the end of his term. But industry officials warn that supply chain limitations and the Pentagon’s slow-moving procurement system make full deployment by 2029 unlikely.

This post appeared first on FOX NEWS

Republican Rep. Marjorie Taylor Greene of Georgia asserted that she is ‘radically AMERICA FIRST,’ shaming those who are not and labeling them as ‘the enemy.’

The congresswoman said that the nation is ‘falling apart.’ 

‘I’m America First. Maybe even America only. I don’t care if you call me an isolationist. America is our home. And it’s falling apart,’ she wrote on social media.

‘When my children’s generation are buried in credit card debt, student loan debt, can’t afford rent, can’t afford car insurance, health insurance, and feel like they will never be able to afford to buy a home, Yes. I’m unapologetically and radically AMERICA FIRST. AND SHAME ON EVERYONE ELSE WHO IS NOT. As a matter of fact YOU are the problem. YOU are the enemy. As a mother, I can’t see it any other way,’ she declared.

Greene has been expressing frustration with the GOP. 

‘I don’t know if the Republican Party is leaving me, or if I’m kind of not relating to Republican Party as much anymore,’ she told the Daily Mail. 

‘I think the Republican Party has turned its back on America First and the workers and just regular Americans,’ Greene said, according to the outlet.

She has served in the U.S. House of Representatives since 2021.

This post appeared first on FOX NEWS

Wednesday marks the 80th anniversary of when the U.S. employed the first ever nuclear bomb over the Japanese city of Hiroshima, followed by the bombing of Nagasaki three days later on Aug. 9. But despite nearly a century of lessons learned, nuclear warfare still remains a significant threat.

‘This is the first time that the United States is facing down two nuclear peer adversaries – Russia and China,’ Rebeccah Heinrichs, nuclear expert and senior fellow at the Hudson Institute, told Fox News Digital.

Heinrichs explained that not only are Moscow and Beijing continuing to develop new nuclear capabilities and delivery systems, but they are increasingly collaborating with one another in direct opposition to the West, and more pointedly, the U.S.

‘It’s a much more complex nuclear threat environment than what the United States even had to contend with during the Cold War, where we just had one nuclear peer adversary in the Soviet Union,’ she said. ‘In that regard, it’s a serious problem, especially when both China and Russia are investing in nuclear capabilities and at the same time have revanchist goals.’

Despite the known immense devastation that would accompany an atomic war between two nuclear nations, concern has been growing that the threat of nuclear war is on the rise. 

The bombings of Hiroshima and Nagasaki – which collectively killed some 200,000 people, not including the dozens of thousands who later died from radiation poisoning and cancer – have been attributed with bringing an end to World War II.

But the bombs did more than end the deadliest war in human history – they forever changed military doctrine, sparked a nuclear arms race and cemented the concept of deterrence through the theory of mutually assured destruction.

Earlier this year the Bulletin of Atomic Scientists moved forward the ‘Doomsday Clock’ by one second – pushing it closer to ‘midnight,’ or atomic meltdown, than ever before.

In January, the board of scientists and security officials in charge of the 78-year-old clock, which is used to measure the threat level of nuclear warfare, said that moving the clock to 89 seconds to midnight ‘signals that the world is on a course of unprecedented risk, and that continuing on the current path is a form of madness.’

Despite the escalated nuclear threats coming out of North Korea, and international concern over the Iranian nuclear program, the threat level largely came down to the three biggest players in the nuclear arena: Russia, the U.S. and China.

The increased threat level was attributed to Russia’s refusal to comply with international nuclear treaties amid its continuously escalating war in Ukraine and its hostile opposition to NATO nations, as well as China’s insistence on expanding its nuclear arsenal.

But the Bulletin, which was founded by scientists on the Manhattan Project in 1945 to inform the public of the dangers of atomic warfare, also said the U.S. has a role in the increased nuclear threat level.

‘The U.S. has abdicated its role as a voice of caution. It seems inclined to expand its nuclear arsenal and adopt a posture that reinforces the belief that ‘limited’ use of nuclear weapons can be managed,’ the Bulletin said. ‘Such misplaced confidence could have us stumble into a nuclear war.’

But Heinrichs countered the ‘alarmist’ message and argued that deterrence remains a very real protectant against nuclear warfare, even as Russia increasingly threatens Western nations with atomic use.

‘I do think that it’s a serious threat. I don’t think it’s inevitable that we’re sort of staring down nuclear Armageddon,’ she said. 

Heinrichs argued the chief threat is not the number of nuclear warheads a nation possesses, but in how they threaten to employ their capabilities.

‘I think that whenever there is a threat of nuclear use, it’s because adversaries, authoritarian countries, in particular Russia, is threatening to use nuclear weapons to invade another country. And that’s where the greatest risk of deterrence failure is,’ she said. ‘It’s not because of the sheer number of nuclear weapons.’

Heinrichs said Russia is lowering the nuclear threshold by routinely threatening to employ nuclear weapons in a move to coerce Western nations to capitulate to their demands, as in the case of capturing territory in Ukraine and attempting to deny it NATO access.

Instead, she argued that the U.S. and its allies need to improve their deterrence by not only staying on top of their capabilities but expanding their nuclear reach in regions like the Indo-Pacific.

‘The answer is not to be so afraid of it or alarmed that you capitulate, because you’re only going to beget more nuclear coercion if you do that,’ she said. ‘The answer is to prudently, carefully communicate to the Russians they are not going to succeed through nuclear coercion, that the United States also has credible response options.

‘We also have nuclear weapons, and we have credible and proportional responses, and so they shouldn’t go down that path,’ Heinrichs said. ‘That’s how we maintain the nuclear peace. That’s how we deter conflict. And that’s how we ensure that a nuclear weapon is not used.’

This post appeared first on FOX NEWS

Amazon is laying off roughly 110 employees in its Wondery podcast division and the head of the group is leaving as part of a broader reshuffling of the company’s audio unit.

In a Monday note to staffers, Steve Boom, Amazon’s vice president of audio, Twitch and games, said the company is consolidating some Wondery units under its Audible audiobook and podcasting division. Wondery CEO Jen Sargent is also stepping down from her role, Boom said.

“These changes will not only better align our teams as they work to take advantage of the strategic opportunities ahead but, even more crucially, will ensure we have the right structure in place to deliver the very best experience to creators, customers and advertisers,” Boom wrote in the memo, which was viewed by CNBC. “Unfortunately, these changes also include some role reductions, and we have notified those employees this morning.”

Bloomberg was first to report on the job cuts.

The move comes nearly five years after Amazon acquired Wondery as part of a push to expand its catalog of original audio content. The podcasting company made a name for itself with hit shows like “Dirty John” and “Dr. Death.”

More recently, Wondery signed several lucrative licensing deals with Jason and Travis Kelce’s “New Heights” podcast, along with Dax Shepard’s “Armchair Expert.”

Amazon is streamlining “how Wondery further integrates” into the company by separating the teams that oversee its narrative podcasts from those developing “creator-led shows,” Boom wrote.

The narrative podcasting unit will consolidate under Audible, and creator-led content will move to a new unit within Boom’s organization in Amazon called “creator services,” he wrote.

Amazon’s audio pursuits face a heightened challenge from the growing popularity of video podcasts on Alphabet’s YouTube, which now hosts an increasing number of shows.

Video shows require different discovery, growth and monetization strategies than “audio-first, narrative series,” Boom wrote in the memo to Amazon staffers.

“The podcast landscape has evolved significantly over the past few years,” Boom said.

This post appeared first on NBC NEWS

WASHINGTON — The Agriculture Department allowed six additional states Monday to bar participants in the Supplemental Nutrition Assistance Program from using their benefits to buy certain processed foods, such as sodas and candy.

The SNAP waivers for West Virginia, Florida, Colorado, Louisiana, Oklahoma and Texas amend the statutory definition of food for purchase and put an end to the subsidization of popular types of junk food beginning in 2026.

The administration of President Donald Trump has encouraged all states to take such measures as part of its “Make America Healthy Again” initiative, named for the social movement led by Health Secretary Robert F. Kennedy Jr.

The USDA had so far signed waivers to allow six states — Arkansas, Idaho, Utah, Iowa, Indiana and Nebraska — to place similar purchasing restrictions on SNAP recipients.

“I hope to see all 50 states join this bold commonsense approach. For too long, the root causes of our chronic disease epidemic have been addressed with lip service only,” said the U.S. Food and Drug Commissioner Marty Makary.

Agriculture Secretary Brooke Rollins announced the additional waivers at an event at the USDA headquarters in Washington.

“These state waivers promote healthier options for families in need,” said Secretary Rollins.

More than 42 million people receive SNAP benefits, sometimes called food stamps, as part of the nation’s largest anti-hunger program.

The massive tax cut and spending bill signed by President Trump in July makes significant changes to the SNAP program, including expanding work requirements and shifting more spending for the program to states.

This post appeared first on NBC NEWS

Conservative media baron Rupert Murdoch will give President Donald Trump regular updates on his health as part of an agreement to postpone Murdoch’s deposition in Trump’s $10 billion defamation lawsuit against him over a Wall Street Journal article about late sex offender Jeffrey Epstein.

The unusual stipulation comes a week after Trump’s lawyers sought a quick deposition in the case. Their filing in Miami federal court implied that Murdoch might be either dead or too sick to testify in person by the time the case went to trial.

“Murdoch is 94 years old, has suffered from multiple health issues throughout his life, is believed to have suffered recent significant health scares, and is presumed to live in New York, New York,” Trump’s lawyers said in their filing last week.

Murdoch’ agreement to divulge highly personal information about his health to Trump and his lawyers contrasts sharply with the cozy relationship Murdoch’s Fox News has had with the president over the years.

Fox News for more than a decade has acted as a cheerleader for Trump and his policies. The president is an avid watcher of the conservative network, and several of his key administration officials have worked for Fox. Trump’s daughter-in-law, Lara Trump, currently has a show on Fox News.

The new deal, outlined in a court filing jointly filed by Trump’s and Murdoch’s lawyers late Monday night, postpones Murdoch’s deposition in the case until after a judge rules on his and other defendants’ motions to dismiss Trump’s lawsuit.

If the judge denies that dismissal motion, Murdoch would have to sit for questioning under oath from Trump’s lawyers within 30 days.

The deal has to be approved by the judge, but it is likely to be approved given that both sides have agreed to it.

When the judge signs off on it, Murdoch will be required within three calendar days to give Trump’s’ lawyers “a sworn declaration describing his current health condition,” according to the stipulation filed Monday.

“Defendant Murdoch has further agreed to provide regularly scheduled updates to Plaintiff regarding his health, including a mechanism for him to alert the Plaintiff if there is a material change to his health,” the filing says.

That mechanism is described in a separately signed agreement, which was not publicly filed with the court.

If Murdoch fails to provide the updates as agreed to in the abatement agreement, he will have to sit for an “expedited” deposition, the filing says.

A spokesman for Trump declined to comment on the filing.

CNBC has requested comment from Dow Jones & Co., the publisher of the Journal, which is owned by Murdoch’s News Corp.

Trump’s suit alleges defamation for a Wall Street Journal article in July which said he had sent Epstein a “bawdy” birthday card in 2003 for Epstein’s 50th birthday.

Trump, who denies writing the note, sued Murdoch; News Corp and its CEO Robert Thomson; Dow Jones & Co.; and the two reporters who wrote the article.

For weeks, the president and the Justice Department have faced criticism for a decision not to release investigative files about Epstein, a former friend of Trump’s, who died by suicide in jail in 2019, after being arrested on child sex trafficking charges.

This post appeared first on NBC NEWS

 

Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the OTCQB Venture Virtual Investor Conference to be held August 7 th .

 

Individual investors, institutional investors, advisors, and analysts are invited to attend.

  REGISTER HERE   

 

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

 

‘Now in its seventh year, the OTCQB Venture Investor Conference has become the go-to platform for innovative early-stage companies to connect directly with investors,’ said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. ‘It offers a unique window into the momentum and vision driving the next generation of public companies.’

 

  August 7   th  

 

                                             

  Eastern  
Time (ET)  
  Presentation     Ticker(s)  
  9:30 AM ET   Sparc AI Inc.   (OTCQB: SPAIF | CSE: SPAI)  
  10:00 AM ET   Surge Copper. Corp   (OTCQB: SRGXF | TSXV: SURG)  
  10:30 AM ET   ReGen III Corp.   (OTCQB: ISRJF | TSXV: GIII)  
  11:00 AM ET    Silver47 Exploration Corp.   (OTCQB: AAGAF | TSXV: AGA,OTC:AAGAF)
  11:30 AM ET   Nature’s Miracle Holding Inc.   (OTCQB: NMHI)  
  12:00 PM ET   Zero Candida Technologies Inc.   (OTCQB: ZCTFF | TSXV: ZCT)  
  12:30 PM ET   Oncotelic Therapeutics, Inc.   (OTCQB: OTLC)  
  1:00 PM ET   Telo Genomics Corp.   (OTCQB: TDSGF | TSXV: TELO)  
  1:30 PM ET   Zomedica Corp.   (OTCQB: ZOMDF)  
  2:00 PM ET   Metaguest.AI Incorporated   (OTCQB: MGSTF | CSE: METG)  
  2:30 PM ET   Waste Energy Corp.   (OTCQB: WAST)  
  3:00 PM ET   CleanGo Innovations Inc.   (OTCQB: CLGOF | CSE: CGII)  
  3:30 PM ET   Sekur Private Data Ltd.   (OTCQB: SWISF | CSE: SKUR)  
  4:00 PM ET   CyberCatch Holdings, Inc.   (OTCQB: CYBHF | TSXV: CYBE)  

 

 
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .

 

  About Virtual Investor Conferences   ®

 

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

 

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

 

  Media Contact:  
OTC Markets Group Inc. +1 (212) 896-4428,   media@otcmarkets.com   

 

  Virtual Investor Conferences Contact:  
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com  

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Global gold demand rose to a record US$132 billion in the second quarter of 2025, driven by surging investor appetite and the highest average gold price ever recorded in a quarter, according to the latest Gold Demand Trends report from the World Gold Council (WGC).

While total demand by volume rose only 3 percent year-on-year to 1,249 metric tons, the WGC noted a 45 percent surge in value terms compared to Q2 2024, as prices soared to an average of US$3,280.35 per ounce.

According to WGC data, investment flows, particularly into gold-backed exchange-traded funds (ETFs) and physical bars and coins, were the primary force behind the increase.

ETFs and bar demand dominate, Central Bank buying slows despite demand

Overall investment demand climbed 78 percent year-on-year in Q2, led by ETF inflows totaling 170 metric tons. Combined with Q1’s 227 metric tons, this brings first-half ETF demand to 397 metric tons—the strongest six-month performance since the record-setting H1 2020.

Bar and coin demand also remained robust, particularly in China and Europe, where investors responded to the rising price and gold’s traditional role as a store of value. Retail investment in China even surpassed jewellery consumption for the quarter, a reversal from previous years.

The WGC also noted that continued interest from global High Net Worth investors and reports of healthy institutional demand contributed to 170 metric tons of OTC investment and stock changes in Q2.

On the other hand, central banks added 166 metric tons of gold to official reserves in Q2, a decline of 33 percent quarter-on-quarter but still 41 percent above the average quarterly level seen between 2010 and 2021.

Although the pace of accumulation has slowed, the WGC maintains a constructive outlook. Data from recent central bank surveys show that the intention to add gold over the coming year remains strong.

Jewellery sector contracts, technology use slips on trade uncertainty

In stark contrast to investment flows, jewellery demand fell sharply in volume terms during Q2, with global consumption declining to 341 metric tons, 30 percent below the five-year average and the lowest since Q3 2020.

The WGC found that almost all 31 countries tracked saw a year-on-year decline in jewellery demand, with Iran as the sole exception.China and India, which typically account for over half the global market, saw their combined share drop below 50 percent for only the third time in five years.

Nonetheless, in value terms, jewellery demand rose 21 percent year-on-year to US$36 billion, highlighting the price-volume divergence that has grown more pronounced in 2025.

As for technological applications, demand for gold fell 2 percent year-on-year to 79 metric tons in Q2, with the electronics sector accounting for most of the decline.

The WGC noted that trade tensions, particularly the extension of US tariff uncertainties through August, weighed heavily on East Asian manufacturing sentiment.

Despite the broader slowdown, gold used in AI-related technologies remained an area of strength, offering a partial buffer to the decline in electronics applications.

Mine production hits new Q2 record

On the supply side, gold mine production rose to 909 metric tons in Q2, a new second-quarter record, helping lift total supply to 1,249 metric tons—a 3 percent year-on-year increase. Recycling activity also increased slightly, up 4 percent to 347 metric tons, the highest for any Q2 since 2011.

Still, the WGC observed that recycling remains “subdued relative to price performance,” due to strong holding behavior and limited signs of household financial distress.

Outlook through 2025

Looking to the second half of 2025, the WGC expects investment demand to remain firm, though possibly at a slower pace due to short-term dollar strength and resilient equity markets.

Still, the prospect of lower interest rates, which are widely expected to begin in Q4, could reignite momentum.

“Lower policy rates are likely to elicit more investor interest in gold from an opportunity cost perspective,” the report concluded.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com