Gorilla Technology Group Inc

Gorilla Technology Group, Inc. engages in providing information, software and data processing services. The firm operates through the following segments: Security Convergence, Video Internet of Things (IoT), and Other. It offers its software services to commercial, industrial, municipal and government officers to securely move, store and analyze data for use in biometric authentication, account management, device management, business intelligence, and other applications. The company was founded in 2021 and is headquartered in Neihu, Taiwan.

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Gorilla Technology Group, Inc. engages in the provision of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology security solutions and services in Asia Pacific. It operates through the following segments: Video IoT, Security Convergence, and Other. The company was founded by Spincer Koh in May 2001 and is headquartered in London, the United Kingdom.

London, United Kingdom--(Newsfile Corp. - December 18, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today announced the successful completion of the conversion of its preferred shares, marking a pivotal moment in the company's capital structure. This milestone effectively eliminates any overhang associated with the preferred shares, providing clarity and a strengthened foundation for future growth.

Gorilla Technology Announces Completion of Preferred Share Conversion, Eliminating Overhang and Strengthening Capital Position

GRRR's partnership with Boston-based BroadSat is expected to generate $6-$9 million in revenues in the first year.

Gorilla Technology Boasts $2B+ Pipeline, Plans Buyback Fund Growth

Gorilla Technology Group has shown impressive growth in 2024, with a 65% YTD stock increase, strong profitability, and notable milestones in AI and IoT markets. The company excels in AI-powered edge video analytics, IoT technologies, and cybersecurity, with significant growth in Southeast Asia, MENA, and the U.S. Financial performance is stellar with $78.9 million in revenue, 424.97% YoY growth, and strong margins, though cash flow remains a concern.

Gorilla Technology Group Gains Momentum With $2 Billion Pipeline

London, United Kingdom--(Newsfile Corp. - December 16, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") today shared key updates and milestones featured during its recent investor webinar. These updates underscore the Company's strong momentum, strategic growth initiatives, and financial stability heading into 2025 and beyond.

Gorilla Announces Transformative Milestones, a $2 Billion Pipeline and Strong Growth Outlook Following Investor Webinar

ORLANDO, FL / ACCESSWIRE / December 13, 2024 / RedChip Companies will air an interview with Gorilla Technology Group, Inc. (Nasdaq:GRRR) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, December 14, at 7 p.m. Eastern Time (ET).

Gorilla Technology Interview to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

London, United Kingdom--(Newsfile Corp. - December 9, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), is thrilled to announce a groundbreaking partnership with Edgecore Networks, a leader in open networking and AI infrastructure solutions. This collaboration propels Gorilla into a new frontier with the introduction of its Self-Branded Exclusive AI GPUs, powered by Intel's Gaudi architecture through Edgecore's advanced hardware platforms.

Gorilla Technology Launches Self-Branded AI GPUs in Groundbreaking Partnership with Edgecore Networks

Gorilla Technology Group Inc (NASDAQ: GRRR) has close to doubled in recent weeks after it was shortlisted for a $400 million smart education and digital infrastructure project in Southeast Asia. The said project is part of a multi-phase programme expected to exceed $2.5 billion in spending over the next 15 years.

Gorilla Technology fundamentals don't support its recent stock surge

London, United Kingdom--(Newsfile Corp. - December 2, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), proudly announces the appointment of Thomas Sennhauser to its esteemed Board of Directors, effective 1st December 2024. With a stellar career spanning over two decades, Thomas brings unparalleled expertise in technology leadership, R&D and digital transformation.

Gorilla Technology Group Adds Tech Luminary Thomas Sennhauser to Board of Directors

London, United Kingdom--(Newsfile Corp. - November 27, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), is proud to have been shortlisted for a landmark smart education and digital infrastructure project with an anticipated value of over $400 million for an initial five-year phase, subject to finalizing terms and definitive documentation. This initiative, based in a major investment-grade city in Southeast Asia, marks the beginning of a multi-phase programme, with additional projects that could exceed $2.5 billion in spending over a 15-year period.

Gorilla Technology Shortlisted for a Groundbreaking Smart Education Project in Southeast Asia

- To deliver on Smart Connectivity and Cybersecurity solutions addressing critical needs in underserved communities. - To accelerate strategic growth across the $150 billion Smart Cities and cybersecurity markets in the United States and EMEA.

Gorilla and BroadSat Sign Partnership to Revolutionize the Future of Digital Connectivity

London, United Kingdom--(Newsfile Corp. - November 21, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is pleased to invite investors to a webinar on December 12, 2024, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Gorilla Technology's Chairman and CEO, Jay Chandan, and interim-CFO, Bruce Bower.

Join Gorilla Technology's Exclusive Live Investor Webinar and Q&A Session on December 12

- To meet with increasing client & partner demands - Help further strategic expansion into Latin American market London, United Kingdom--(Newsfile Corp. - November 21, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), is pleased to announce the opening of its new office in Seattle, marking a significant milestone in the Company's strategic expansion into the U.S. market. This move underscores Gorilla's commitment to advancing smart city initiatives and enhancing its product portfolio to meet the growing demand for intelligent urban solutions.

Gorilla Technology Establishes Seattle Office to Propel U.S. Expansion and Smart City Innovations

London, United Kingdom--(Newsfile Corp. - October 29, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today announced its guidance for fiscal years 2024 and 2025, highlighting strong revenue growth, major new contract wins and continued global expansion across key regions. Following the company's recent webinar (GRRR WEBINAR OCT 24), Gorilla has reaffirmed its robust outlook for 2024, while projecting even stronger growth in 2025, driven by new contracts and significant strategic partnerships in Asia, MENA and Latin America.

Gorilla Announces Strong Outlook for 2024 and Sets Breakthrough Growth for 2025

The consensus price target hints at a 136.8% upside potential for GORILLA TECH GP (GRRR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does GORILLA TECH GP (GRRR) Have the Potential to Rally 136.77% as Wall Street Analysts Expect?

London, United Kingdom--(Newsfile Corp. - October 18, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is pleased to invite investors to a webinar on October 24, 2024, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Gorilla Technology's Chairman and CEO, Jay Chandan, recently appointed interim-CFO Bruce Bower, who brings extensive experience in finance and strategy for tech startups, and John Roy, PhD, Managing Director of Water Tower Research, a former lead analyst at UBS and Merrill Lynch with over 20 years of experience covering technology stocks.

Join Gorilla Technology's Exclusive Live Investor Webinar and Q&A Session on October 24

Calidi Biotherapeutics Inc

ORLANDO, FL / ACCESSWIRE / October 18, 2024 / RedChip Companies will air interviews with Calidi Biotherapeutics, Inc. (NYSE American:CLDI) and Gorilla Technology Group Inc. (Nasdaq:GRRR) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, October 19, at 7 p.m. Eastern Time (ET).

Calidi Biotherapeutics and Gorilla Technology Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

Redefining Network Infrastructure - Simplified, Secure and Built for Tomorrow London, United Kingdom--(Newsfile Corp. - October 14, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), is proud to announce the launch of Gorilla Intelligent Network Director - a groundbreaking platform designed to simplify connectivity and amplify productivity for businesses of all sizes. In an era where businesses cannot afford even a moment of downtime, traditional networks are becoming obsolete.

Gorilla Technology Sets New Networking Infrastructure Benchmark with Launch of the Game-Changing Gorilla Intelligent Network Director

AECOM

London, United Kingdom--(Newsfile Corp. - October 8, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") has announced a strategic partnership with NC Digy Smart Cities, a renowned Miami-based smart cities integrator, alongside AECOM (NYSE: ACM) one of the world's most trusted infrastructure consulting firms, also headquartered in Miami. This collaboration is set to transform the landscape of urban development across Latin America and the United States, harnessing advanced technologies to build and deploy next-generation smart cities.

Gorilla Technology, NC Digy Smart Cities LLC, Protactics and AECOM, Announce Strategic Partnership to Advance Smart Cities in Latin America and the United States

London, United Kingdom--(Newsfile Corp. - October 3, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today issued a firm statement regarding its uncompromising approach to safeguarding the integrity of its stock. The Company has been relentless in policing trading activities around its securities and is deeply concerned by what it sees as ongoing manipulation attempts.

Gorilla Technology Takes Strong Stance Against Market Manipulation

London, United Kingdom--(Newsfile Corp. - September 30, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") today announced its financial results for the first half of 2024, showcasing a remarkable period of unprecedented growth and profitability. This outstanding performance underscores Gorilla's rapid ascent as a leading AI-driven enterprise, delivering transformative technology solutions across global markets.

Gorilla Technology Group Achieves Explosive Growth in H1 2024; Sales Surge by 222%, as Company Delivers Record Profits and Strengthens Market Position

MUSQ Global Music Industry ETF

ORLANDO, FL / ACCESSWIRE / September 27, 2024 / RedChip Companies will air interviews with Gorilla Technology Group Inc. (NASDAQ:GRRR) and MUSQ Global Music Industry ETF (NYSE:MUSQ) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, September 28, at 7 p.m. Eastern Time (ET).

Gorilla Technology and MUSQ Global Music Industry ETF Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

Bangkok, Thailand--(Newsfile Corp. - September 23, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") and CS Energy Technology Co., Ltd., one of Asia's leading energy infrastructure providers, have announced a strategic cooperation agreement.

Gorilla Technology and CS Energy Form AI-Powered Strategic Partnership to Accelerate the Rise of Smart & Green Cities Across Thailand and Southeast Asia

London, United Kingdom--(Newsfile Corp. - September 19, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today announced the completion of its purchase of over 1.1 million shares as part of its recently launched share buyback programme. With over $40 million in unrestricted cash, Gorilla will continue to look for opportunities to purchase additional shares, reaffirming its belief that the company's stock remains substantially undervalued.

Gorilla Technology Completes Purchase of 1.1 Million Shares, Accelerates Buyback Programme to Capitalise on Substantial Undervaluation

Key Highlights: Share Repurchase Underway: To repurchase 1.1 million shares, closing in the next five business days. Unaudited H1 2024 financials expected by September 30, 2024.

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