Welcome to our dedicated page for Gorilla Technology Group news (Ticker: GRRR), a resource for investors and traders seeking the latest updates and insights on Gorilla Technology Group stock.
Gorilla Technology Group Inc. reports developments in AI-driven security intelligence, network intelligence, business intelligence, IoT technology and data centres. Company news commonly covers financial results, AI infrastructure and GPU deployment agreements, smart city and public safety programs, video and network security solutions, and strategic investments that expand its infrastructure intelligence stack.
Updates also address governance and public-company reporting, including internal controls, Section 16 ownership reporting, shareholder voting matters and capital-structure actions such as share repurchases.
Gorilla Technology (GRRR) has secured a multi-year national AI intelligence infrastructure expansion contract in Taiwan, valued in the tens of millions of dollars, with the largest criminal investigation bureau of its kind in the Asia-Pacific region.
The award extends an existing national-security deployment into a broader intelligence and analytics environment, adding next-generation GPU infrastructure, including NVIDIA B300 systems, and upgrading the customer's secure IT environment. The programme integrates large volumes of investigative and intelligence data within a unified, secure analytics architecture and includes three years of maintenance, support and ongoing feature enhancements. Deployment is scheduled from Q4 2026 through Q4 2027 and significantly expands Gorilla's technology footprint in Taiwan.
Gorilla Technology (GRRR) reports that equipment deliveries have begun for its Yotta AI infrastructure programme in India, moving the initiative from contracted and funded status into physical execution.
The company links this milestone to its previously stated ambition of approximately US$500 million in revenue in 2027, as it starts phased delivery and deployment of AI infrastructure exceeding 25,000 GPUs. Gorilla is progressing through delivery, installation, integration, networking and operational readiness to move capacity towards commissioning and commercial service.
Management notes strong customer demand and is exploring expansion options that could potentially double its GPU footprint and address additional requirements that could represent up to 30,000 GPUs, positioning India as a core long-term AI infrastructure platform for the company.
Gorilla Technology Group (NASDAQ: GRRR) announced that Fitch Ratings assigned the company a first-time Long-Term Issuer Default Rating of 'B-' with a Positive Outlook after reviewing its business, financial profile and growth strategy. Fitch highlighted Gorilla's role in the expanding AI infrastructure market in South and South-East Asia, where deployment is constrained by power and GPU capacity rather than demand.
Fitch also noted Gorilla's deleveraging potential as new data centre projects scale, stating that EBITDA growth has good visibility over the next few years and expecting dividends from project SPVs to begin flowing to the parent from 2029 or earlier. According to Gorilla, the public rating should broaden access to debt financing at both group and SPV level, diversify capital sources and support more efficient funding of its global AI infrastructure programme.
Gorilla Technology (NASDAQ: GRRR) reported unaudited H1 2026 revenue of US$78.4 million, up 99.3% from US$39.3 million, driven by AI infrastructure and data-centre programs and smart-city projects in Egypt, Taiwan and Thailand. Q2 2026 revenue reached US$50.1 million, up 78% sequentially and 138% year-on-year.
The company recorded an IFRS operating loss of US$47.2 million and net loss of US$46.9 million, impacted by US$25.4 million stock-based compensation and other non-cash items, with adjusted EBITDA at a US$14.6 million loss. Operating cash used fell 65.3% to US$4.3 million, while cash increased by US$79.8 million to US$179.4 million, mainly from financing. Gorilla raised its 2026 revenue expectation to at least US$200 million, lifted Q3 2026 planning to US$48–50 million, and is targeting US$450–500 million revenue in 2027, contingent on execution and market conditions.
Gorilla Technology Group (NASDAQ: GRRR) will host a conference call on August 31, 2026, at 4:30 p.m. Eastern Time to discuss its financial results for the second quarter and first half of 2026. A press release with detailed results will be issued before the call, which will be accessible via telephone and live webcast.
Gorilla Technology (NASDAQ: GRRR) has completed two bond financings raising aggregate gross proceeds of $232 million in long-term corporate capital to accelerate its AI infrastructure programmes in India, Indonesia and Thailand. According to Gorilla Technology, the most recent financing principally supports the NeutraDC Batam GPUaaS programme, while the earlier financing funds its equity contribution to the Yotta 2 programme.
The signed NeutraDC Batam contract represents approximately $2.5 billion of expected revenue over five years, including about $1.3 billion from its first phase, with deployments targeted between September 2026 and the first half of 2027. Yotta 1 in India (5,120 GPUs) is expected to generate about $500 million over five years, and Yotta 2 is structured around a projected $2.5 billion project value. In Thailand, the 200MW Korat campus is outlined with an illustrative five‑year gross revenue potential of $16–18 billion, which remains subject to customer contracts, financing and utilisation.
Gorilla Technology Group (NASDAQ: GRRR) announced that holders of its Class A and Class B contingent value rights (CVRs) are entitled to a distribution of Gorilla ordinary shares, subject to the Contingent Value Rights Agreement. On June 12, 2026, the SPAC Representative and Company Representative instructed the Escrow Agent that 560,000 Earnout Shares had been forfeited by Company shareholders. On July 17, 2026, a CVR Payment Notice designated these 560,000 shares as Revenue Protection Shares, equal to 0.085134912 ordinary shares per CVR for Qualifying CVR Holders. To qualify, holders must email a detailed Valid Notice to Gorilla within one year, or the underlying ordinary shares will be deemed forfeited.
Gorilla Technology Group (NASDAQ: GRRR) priced $125 million of 7.50% Senior Unsecured Convertible Notes, Series B due June 15, 2031, in a private placement to institutional investors under Section 4(a)(2). The offering is expected to close on or about July 17, 2026, subject to customary conditions.
The Bonds will be issued at par, pay 7.50% interest semi-annually in arrears, and are convertible at an initial rate of 39.2425 ordinary shares per $1,000, implying a conversion price of about $25.4826 per share. This reflects a 52% premium to the July 14, 2026 closing price of $16.77 and includes a downward reset floor of $8.00 and an upward reset cap of $31.85325 (a 90% premium). Interest may be paid in cash or, at the company’s election and subject to conditions, in ordinary shares.
According to Gorilla, net proceeds will fund advance payments to secure committed data center capacity and begin equity purchases of data center equipment for its NeutraDC Batam project in Indonesia, with any remainder for general corporate purposes. The securities are unregistered; Gorilla plans to file a resale registration statement on Form F-3 for the Bonds and underlying shares.
Gorilla Technology (NASDAQ: GRRR) completed the acquisition of Shackleton Finance, creating Gorilla Tech Capital, a regulated capital platform. The new unit aims to raise institutional capital for AI infrastructure, data centres and GPU-as-a-Service projects, supporting Gorilla's global project pipeline while reducing reliance on dilutive equity financing.
Gorilla Technology (NASDAQ:GRRR) signed a five-year AI GPUaaS compute contract with a high investment-grade global technology customer, expected to generate about US$2.5 billion in revenue. The project will deploy around 1,000 B300 GPU servers at the NeutraDC Batam data centre in Indonesia.
The first phase is expected to deliver roughly US$1.3 billion over five years, with deployments targeted for September and December 2026 and remaining capacity in 1H 2027. Debt financing offers reportedly cover about 70% of anticipated GPU, networking and infrastructure costs, supporting Gorilla's forward revenue visibility.