Welcome to our dedicated page for Gorilla Technology Group Ord Shs news (Ticker: GRRR), a resource for investors and traders seeking the latest updates and insights on Gorilla Technology Group Ord Shs stock.
Gorilla Technology Group Ord Shs (GRRR) delivers cutting-edge video intelligence and AI-powered security solutions for smart cities, enterprise operations, and critical infrastructure. This dedicated news hub provides investors and technology professionals with official updates on the company’s strategic initiatives, financial developments, and technological breakthroughs.
Access real-time announcements covering earnings reports, product launches, strategic partnerships, and industry recognition. Our curated collection of press releases and verified news articles offers insights into GRRR’s advancements in IoT security, edge AI analytics, and smart city deployments.
Key updates include developments in video surveillance innovation, operational technology security, and AI-driven data processing solutions serving government, retail, and telecom sectors. Stay informed about GRRR’s role in shaping secure digital ecosystems through its patented deep learning frameworks and cybersecurity protocols.
Bookmark this page for streamlined access to essential updates impacting GRRR’s market position and technological roadmap. Regularly updated content ensures you maintain awareness of critical developments in AI-powered security infrastructure and enterprise IoT solutions.
Gorilla Technology Group (NASDAQ: GRRR) has issued a response to recent online speculation, defending its business fundamentals and operational transparency. The company emphasizes several key points:
- Collection of majority of Accounts Receivable in August 2024
- Current contract backlog of $93 million for 2025
- Revenue guidance of $90-100 million for the current year
- Pipeline growth from $2 billion to $6 billion
- Recent signing of $1.8 billion MoU for Thailand's electricity grid modernization
The company confirms its upcoming financial disclosures, including Full Year 2024 results on March 31, 2025, and 20-F filing on April 15, 2025. Gorilla also highlights its evolution into an AI-driven Smart City solutions provider and announces plans to achieve full Sarbanes-Oxley compliance for 2024, ahead of schedule.
Gorilla Technology Group (NASDAQ: GRRR) has secured a historic $1.8 billion agreement to lead Thailand's largest energy digitization initiative. The 15-year nationwide AI-driven programme will transform the country's electricity ecosystem through smart grid implementation and infrastructure modernization.
The project features an innovative long-term financing model, with groundwork beginning in 2025 and major revenue impact expected between 2026-2027. Key components include:
- AI-powered grid management and predictive analytics for optimization
- Enterprise-grade cybersecurity protocols for grid protection
- Performance-linked financial model tied to efficiency improvements
The initiative will integrate advanced technology, automation, and data-driven intelligence to enhance energy distribution, security, and efficiency. Revenue is projected to scale progressively over the 15-year lifecycle as the AI-driven infrastructure reaches operational capacity.
Gorilla Technology Group (NASDAQ: GRRR) was featured in the Nasdaq Amplify Issuer Spotlight interview series, where CEO Jay Chandan discussed the company's initiatives at the Nasdaq MarketSite in Times Square.
During the interview, Chandan highlighted Gorilla's role in developing smart cities, security enhancement, and sustainability through AI-powered solutions. He emphasized their consultative approach in working with governments and organizations to deliver AI-based cybersecurity and data-driven technologies.
The Nasdaq Amplify Issuer Spotlight series showcases innovative small-cap companies that are emerging as industry leaders. Chandan stated, "We built a platform which is unbeatable," emphasizing their focus on understanding customer needs and providing tailored AI solutions.
Gorilla Technology Group (NASDAQ: GRRR) has signed a landmark multi-year agreement with US-based ONE AMAZON to create the world's first Internet of Forests (IoF). This multi-billion-dollar initiative involves deploying environmental biodegradable sensors across the Amazon rainforest, creating a real-time intelligence network.
The project integrates advanced technologies including satellite imagery, drone surveillance, and ground-based environmental sensors. Gorilla will provide critical infrastructure including environmental sensors, high-performance servers, AI algorithms, and communication networks. The initiative is supported by major partners including AECOM, CAF, Abu Dhabi Investment Group, MIT Media Lab, and Goldman Sachs.
Goldman Sachs is developing a tradable financial platform to transform natural capital into digital assets, using blockchain technology and AI-powered valuation models. The platform will include nature-backed digital securities, Amazon-linked blockchain tokens, and regenerative finance mechanisms, aiming to make the Amazon an investable asset through a 30-year land-backed digital asset structure.
Gorilla Technology Group (NASDAQ: GRRR), British Telecom (BT), and the Port of Tyne are expanding their partnership to enhance safety measures through AI video analytics deployment. The collaboration builds upon their previous success in container tracking and damage classification.
The new phase focuses on implementing Gorilla's AI-powered video analytics platform to monitor hazardous areas within the port. The system will detect safety risks, including PPE compliance violations and unsafe worker behavior near dangerous machinery. The technology integrates with BT's 5G private network infrastructure for real-time monitoring and decision-making.
The implementation aims to reduce workplace incidents while providing actionable insights for operational workflow optimization. This initiative aligns with Port of Tyne's vision of becoming a leading smart port through AI-driven solutions for task automation, resource allocation, and business intelligence generation.
Gorilla Technology Group (NASDAQ: GRRR) has announced the formal closure of its At-The-Market (ATM) programme, marking a significant step in its commitment to protect shareholder value and prevent further dilution. This strategic decision follows the company's previous share buyback initiative and reflects confidence in its financial strength and growth prospects.
CEO Jay Chandan emphasized the company's dedication to preventing dilution and maintaining shareholder value, stating that Gorilla's focus remains on execution, revenue expansion, and delivering long-term value to investors.
Gorilla Technology Group (NASDAQ: GRRR) announces an exclusive live investor webinar scheduled for February 18, 2025, at 4:15 p.m. ET. The event will feature presentations from Chairman and CEO Jay Chandan and interim-CFO Bruce Bower, followed by a Q&A session.
The company, specializing in AI-driven IoT solutions, security convergence, and big data analytics, reports entering 2025 with a $93 million backlog and a $2 billion pipeline of multi-year opportunities. Gorilla projects revenues of $90-100 million for 2025, with operations spanning across US, LATAM, Europe, APAC, and MENA regions, focusing on smart city initiatives and critical security deployments.
Gorilla Technology Group (NASDAQ: GRRR) has advanced to the design and development phase of Thailand's AI tourism safety initiative. The project aims to transform Thailand into Southeast Asia's hub for AI-powered tourism safety. The company reports a pipeline of opportunities exceeding $1 Billion in Thailand and plans to hire over 100 new team members to support growth.
The implementation includes key technical advancements such as global database integration for facial recognition and license plate tracking, smart resource management that reduces response times by 30%, and AI threat detection with 98% accuracy. The project, supported by the British government, focuses on connecting international databases and optimizing security operations through AI-powered analytics.
Gorilla Technology Group Inc. (NASDAQ: GRRR) has announced a five-year partnership with the Royal Thai Tourist Police to enhance tourism safety across Thailand. The initiative, valued at USD 50-60 million, aims to implement AI-driven security solutions throughout Thailand's major tourist destinations.
The project will deploy Gorilla's proprietary AI-powered GPUs, built on Intel's Gaudi infrastructure, providing real-time surveillance, intelligent threat detection, and optimized resource management. This nationwide implementation supports Thailand's goal of welcoming 40 million visitors annually by 2025.
The partnership will establish a comprehensive safety framework using advanced AI technologies, positioning Thailand as a global leader in smart tourism security. The initiative builds upon initial pilot programs and aims to create a seamless safety network that enhances visitor confidence while strengthening Thailand's reputation as a premier global destination.
Gorilla Technology Group (NASDAQ: GRRR) has announced an increase in its share buyback program from $6 million to $10 million, with $3.8 million already used for private share repurchases. The company currently holds $47 million in cash and expects to receive over $50 million in payments by Q1 2025.
The company addressed market concerns, clarifying that recent share count changes (18,464,651 shares outstanding) resulted from previously disclosed preferred share conversions and warrant exercises from 2023-2024 financing arrangements. Gorilla emphasized its diverse contract portfolio beyond the MENA project, highlighting a $93 million backlog and a $2 billion project pipeline.
The company plans to expand to open-market buybacks after the 2024 fiscal earnings release and transition to quarterly reporting in 2025. Management intends to purchase shares when permitted by securities laws.