Gorilla Technology Group Ord Shs Stock Price, News & Analysis

Gorilla Technology Group (NASDAQ:GRRR) and Nova Minerals will be featured on Bloomberg TV's RedChip Small Stocks, Big Money™ show on January 4, 2025. In his interview, Gorilla's interim-CFO Bruce Bower discusses the company's position as an AI solutions leader with a $2 billion project pipeline and $93 million backlog. The company projects 2025 revenue between $90-100 million, targeting growth across U.S., EMEA, and Southeast Asian markets.

Nova Minerals' CEO Christopher Gerteisen presents their Estelle Gold Project in Alaska, featuring a 5.2 million ounces pit-constrained S-K 1300 compliant gold resource. The company is conducting metallurgical and flow sheet work for their Feasibility Study, which may include revenue potential from antimony minerals. The project is located in a region known for major gold deposits including Donlin Creek (45Moz), Fort Knox (11Moz), and Pogo (6.9Moz).

Gorilla Technology Group (NASDAQ: GRRR) has secured two new contracts in Taiwan to end 2024. The first contract involves deploying an AI-powered lawful interception and criminal investigation platform for law enforcement. The second is a collaboration with a telecom provider to ensure their AI-enhanced Cloud IMS network service meets lawful interception certification requirements.

According to CEO Jay Chandan, these agreements demonstrate Gorilla's capability to deliver strategic solutions in specialized industries. The company enters 2025 with a solid backlog and is positioning itself for growth through 2026, focusing on smart city solutions and security innovations.

Gorilla Technology Group (NASDAQ: GRRR) announced strategic actions to strengthen its market position, including the removal of a partial shareholder overhang through warrant exercises that injected nearly $6 million in fresh capital. The company is actively engaging with investors for strategic share acquisitions while advancing its share buyback program to enhance its capital structure.

The company reports having a robust project backlog and strategic partnerships across key industries, with a strong presence in emerging markets. Management expressed confidence in the company's growth prospects, particularly in AI and cybersecurity solutions.

Gorilla Technology Group (NASDAQ: GRRR) has announced the successful completion of its preferred share conversion, marking a significant transformation in its capital structure. The conversion eliminates market overhang and strengthens the company's financial position. The company is committed to pursuing non-dilutive funding options for working capital and large-scale projects.

The company plans to optimize capital through the release of cash from real estate and other assets, enabling resource redeployment toward high-value opportunities. Gorilla maintains an active share repurchase program, reflecting management's belief that shares are significantly undervalued relative to the company's pipeline and market potential.

Gorilla Technology Group Inc. (NASDAQ: GRRR) has announced significant milestones and growth projections during its recent investor webinar. The company has secured a major smart education contract in Southeast Asia, currently in final term discussions. Gorilla is entering 2025 with a $93 million backlog and projects revenue between $90-100 million with an EBITDA margin of 20-25%.

The company's partnership with Boston-based BroadSat is expected to generate $6-9 million in revenue in the first year, potentially exceeding $20 million annually thereafter. Both companies are currently bidding on projects worth over $70 million, combining their AI and connectivity expertise.

Gorilla Technology Group (Nasdaq: GRRR) will be featured in an interview on Bloomberg TV's RedChip Small Stocks, Big Money™ show on December 14, 2024, at 7 p.m. ET. The interview, reaching an estimated 73 million U.S. homes, will feature Chairman and CEO Jay Chandan and interim-CFO Bruce Bower discussing the company's strategic vision, recent developments in AI-driven cybersecurity solutions, and growth initiatives. The executives will highlight the company's position in addressing global security challenges, scaling operations through partnerships and acquisitions, competitive advantages, financial strategy, and market opportunities.

Gorilla Technology Group (NASDAQ: GRRR) has announced a partnership with Edgecore Networks to launch self-branded AI GPUs powered by Intel's Gaudi architecture. The collaboration aims to deliver white-labelled AI GPUs and networking solutions to underserved regions, focusing on smart cities and enterprises.

The partnership leverages Edgecore's advanced AI data center technologies, including 800G super spine switches and AI Networking platforms. Key offerings include next-generation AI data centers, scalable cloud infrastructure, and comprehensive networking solutions with a focus on cost-effectiveness and sustainability.

The company targets potential deployments to over 50 planned AI datacentres by 2032, expanding into underserved markets by 2035, positioning itself within the smart cities market projected to grow from $1.36 trillion in 2024 to $3.84 trillion by 2029.

Gorilla Technology Group (NASDAQ: GRRR) has appointed Thomas Sennhauser to its Board of Directors, effective December 1, 2024. Sennhauser, currently serving as CTO and Business Lead, APJ, at Intel , brings over two decades of expertise in technology leadership, R&D, and digital transformation. His experience includes significant contributions to AI, IoT, SDN, and Cloud Infrastructure development. Prior to Intel, he held key positions at Hewlett Packard Enterprise, where he specialized in Network Function Virtualisation and Software Defined Networking. The appointment aligns with Gorilla's expansion plans in AI, cybersecurity, and smart city solutions.

Gorilla Technology Group (NASDAQ: GRRR) has been shortlisted for a major smart education and digital infrastructure project in Southeast Asia. The initial five-year phase is valued at over $400 million, with potential additional projects worth $2.5 billion over 15 years. The project aims to revolutionize educational ecosystems by implementing digital platforms, AI capabilities, and next-generation connectivity. The company is currently working to finalize terms and definitive documentation for this transformative initiative that will enhance learning experiences and operational efficiency across the region.