reports
Gorilla Technology Files Lawsuit to Confront False Allegations and Pro...
London, United Kingdom--(Newsfile Corp. - April 16, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today filed suit against Culper Research ("Culper") and its founder, Christian Lamarco, for making false, misleading and defamatory statements in its short report on the Company dated 4 April 2025. Gorilla is seeking compensatory and punitive damages from Culper and Mr. Lamarco. The Company today issued the following statement:Gorilla Technology has always operated to the highest standards of integrity and professionalism. We will not tolerate false statements ...
Gorilla Technology Appoints AI Visionary Satish Venkatesan to Lead Ame...
Company also reiterates capital allocation priorities through its previously announced share buyback programmeLondon, United Kingdom--(Newsfile Corp. - April 14, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced the appointment of Satish Venkatesan as Chief Solutions Strategist - Americas, effective 14 April 2025.To view an enhanced version of this graphic, please visit:In this newly created role, Venkatesan will lead Gorilla's solu...
Gorilla Technology Group Signs Strategic Partnership with Toyota Mater...
Bangkok, Thailand--(Newsfile Corp. - April 7, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") today, announced a landmark partnership with Toyota Material Handling Warehouse Solutions (Thailand), to co-develop intelligent warehouse automation technologies for Toyota's global customers.To view an enhanced version of this graphic, please visit:This collaboration brings together Gorilla's AI Appliances, with Toyota's unmatched reach and reputation in logistics and material handling. The two companies will work closely to design and roll out next-generation smart...
Gorilla Technology Exceeds 2024 Expectations with Strong Growth, Profi...
-- 2024 Revenue reached $74.67M, exceeding guidance and demonstrating continued strong sales growth and execution ---- Net Income excluding one-off items, soared to $21.32M, surpassing guidance by up to 253.7%, reflecting Gorilla's strong execution, disciplined cost management and sustained profitability. --- Net Income before tax, excluding one-off items, soared to $20.06M, exceeding estimates of $8.99 million by 123.1%-- Adjusted EBITDA reached $20.62M, surpassing estimates of $11.70M by 76.2%, demonstrating Gorilla's strong operational efficiency, scalable business model, and continued mome...
Gorilla Technology Sets Full Year 2024 Conference Call for March 31, 2...
London, United Kingdom--(Newsfile Corp. - March 26, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") will hold a conference call on Monday, March 31, 2025, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the full year ended December 31, 2025. Financial results will be issued in a press release before the call.Call Date: Monday, March 31, 2025Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Toll Free: International: Please call the conference telephone number 5-10 minutes prior to the start time. An operator will reg...
Gorilla Technology Dismisses Misinformation, Confirms Intention to Acq...
London, United Kingdom--(Newsfile Corp. - March 24, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") issued a press statement."Gorilla Technology will not engage with baseless allegations spread by individuals charged by multiple authorities with fraud and market manipulation. Given the multiple charges filed by both the U.S. Securities and Exchange Commission (SEC) and the U.S. Department of Justice (DOJ) against those behind these claims, their credibility is highly questionable. Our legal counsels across multiple jurisdictions are currently engaged in this m...
Gorilla Technology Named Exclusive AI & Digital Infrastructure Partner...
London, United Kingdom--(Newsfile Corp. - March 13, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") has announced a substantial increase in its full-year 2025 revenue guidance, raising its projection to $100-$110 million, up from the previous estimate of $90-$100 million. This strategic adjustment underscores the growing global demand for AI-driven infrastructure, national cybersecurity solutions and smart city advancements.In a worldwide exclusive on Schwab Networks, Renato Costa, CEO of Brazil Invest-Abu Dhabi Investment Fund, unveiled the launch of Global E...
Global Edge Pledges $100M to ONE AMAZON, Advancing a Tech-Driven Conse...
New York, New York--(Newsfile Corp. - March 12, 2025) - ONE AMAZON, a groundbreaking initiative that transforms rainforest conservation into a market-driven investment opportunity, has secured a landmark $100 million commitment from Global Edge Worldwide Fund. This funding milestone provides the financial backing needed to bring the initiative's vision to life—deploying cutting-edge technology, blockchain-backed securities, and sustainable finance to protect the Amazon Rainforest while generating long-term economic value. Gorilla Technology Group Inc. (NASDAQ: GRRR) is also participating as a ...
Gorilla Technology Formally Launches Initial Phases of AI-Driven Energ...
Bangkok, Thailand--(Newsfile Corp. - March 10, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") announced it has formally launched the initial phases of Thailand's largest-ever AI-driven energy transformation initiative with Thailand's Provincial Electricity Authority (the "Electricity Authority"). This significant moment took place in the presence of representatives of the Electricity Authority and representatives of the British Government, underscoring the global importance of this transformation.To view an enhanced version of this graphic, please visit:This ...
Gorilla Sets Record Straight on Baseless Market Speculation
London, United Kingdom--(Newsfile Corp. - March 6, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is responding to recent misleading and uninformed online speculation that has caused unnecessary confusion among investors. The blog post in question relies on innuendo and vague insinuations rather than facts. Notably, the author made no attempt to verify their claims with the Company before publication. Gorilla remains fully transparent in its operations, regularly disclosing financial and business updates, and stands by its strong fundamentals, growing contra...
Gorilla Technology Secures Landmark $1.8 Billion Agreement to Drive Th...
Bangkok, Thailand--(Newsfile Corp. - March 3, 2025) - Gorilla Technology Group (NASDAQ: GRRR) has signed a historic $1.8 billion agreement to lead Thailand's largest-ever energy digitisation and infrastructure transformation initiative. Over the next 15 years, this nationwide AI-driven programme will reshape the country's electricity ecosystem, modernising power distribution, enhancing security and optimising energy efficiency at an unprecedented scale.This is not a conventional infrastructure project. Instead, Gorilla has structured an innovative financing model that allows for long-term, sus...
Gorilla Technology Featured in Nasdaq Amplify Issuer Spotlight: Showca...
London, United Kingdom--(Newsfile Corp. - February 27, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") today announced that its Chief Executive Officer, Jay Chandan, was recently featured in the Nasdaq Amplify Issuer Spotlight interview series at the Nasdaq MarketSite in Times Square.Watch the full interview with Gorilla CEO Jay Chandan on Gorilla's investor relations website .To view an enhanced version of this graphic, please visit:During the interview, Chandan shared insights into Gorilla Technology's role in building smart cities, enhancing security, and f...
Powering the World's First Internet of Forests - Building a Sustainabl...
Miami, Florida--(Newsfile Corp. - February 18, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is proud to announce the signing of a landmark, multi-year agreement with the US based ONE AMAZON. The ONE AMAZON partnership led by Rodrigo Veloso, includes prominent organizations such as AECOM, CAF (Development Bank of Latin America), Abu Dhabi Investment Group (ADIG), MIT Media Lab and Goldman Sachs. This collaboration introduces the world's first Internet of Forests (IoF™), a revolutionary approach to environmental conservation and sustainable development. This ...
The Port of Tyne, Gorilla Technology, and British Telecom Forge a Game...
London, United Kingdom--(Newsfile Corp. - February 12, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla"), British Telecom (BT), and the Port of Tyne are taking their partnership to the next level, expanding their cutting-edge AI video analytics deployment across the port. Having already transformed container tracking and damage classification, the focus now shifts to revolutionising safety in high-risk environments—reinforcing the port's unwavering commitment to protecting its workforce while unlocking operational efficiencies.Enhancing Safety at the Port of TyneThe collaboratio...
Gorilla Technology Closes ATM Programme, Reinforcing Commitment to Sha...
London, United Kingdom--(Newsfile Corp. - February 10, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") today announces the formal closure of its At-The-Market (ATM) programme, reaffirming its unwavering commitment to protecting shareholder value and ensuring no further dilution.Following its bold share buyback initiative, Gorilla continues to prioritise shareholder interests by eliminating any potential market concerns about stock dilution. This strategic move underscores the company's confidence in its financial strength, revenue visibility and long-term grow...
Join Gorilla Technology's Exclusive Live Investor Webinar and Q&A Sess...
London, United Kingdom--(Newsfile Corp. - February 7, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is pleased to invite investors to a webinar on February 18, 2025, 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. Attendees will gain valuable insights into the Company's role as a global leader in AI-driven nternet of Things (IIOT) solutions, security convergence, and big data analytics. With a rapidly expanding global footprint, Gorilla Technolog...
Gorilla Technology and Royal Thai Tourist Police Advance Thailand's AI...
Bangkok, Thailand--(Newsfile Corp. - January 27, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), announced, that they are now advancing to the design and development phase. This next step involves implementing advanced customisation and integration solutions that will transform Thailand into Southeast Asia's hub for AI-powered tourism safety.To view an enhanced version of this graphic, please visit:Mike Wang, Sales Director, Thailand and Rest of Asia, commented "Thailand is leading Southeast Asia's AI transformation and this initiative is a clear testament to...
Revolutionising Tourism Safety: Royal Thai Tourist Police & Gorilla Te...
Bangkok, Thailand--(Newsfile Corp. - January 21, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), is proud to announce an ambitious five-year partnership with the Royal Thai Tourist Police, to transform Thailand into the global gold standard for tourism safety and innovation. This unparalleled collaboration will implement state-of-the-art AI-driven solutions across the nation's most iconic and visited tourist destinations, positioning Thailand as the showcase for smart tourism security worldwide.Transforming Safety Across Thailand's Tourism LandscapeThis multi...
Gorilla Addresses Market Misinformation and Announces Increase to Shar...
London, United Kingdom--(Newsfile Corp. - January 13, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") CEO Jay Chandan responded to recent market concerns raised by shareholders following the stock's recent fluctuation and reiterated the Company's strong financial position and strategic priorities. The Company remains focused on delivering sustainable growth, building its robust pipeline and creating long-term value for shareholders.A Message to Our Valued InvestorsWe appreciate the dedication and resilience of our shareholders who have supported Gorilla during...
Gorilla Technology in Consortium with NC Digy Smart Cities and AECOM S...
London, United Kingdom--(Newsfile Corp. - January 8, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), in a consortium with NC Digy Smart Cities and AECOM (NYSE: ACM), is proud to announce the signing of a landmark MoU with the City of Santa Marta, Columbia. This ground-breaking collaboration marks the beginning of Santa Marta's transformation into an AI-powered smart city, setting the stage for broader opportunities across Colombia and the Latin American region.The MoU, coordinated in collaboration with CAF, Development of Bank of Latin America and its Executi...
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