Gorilla Technology Group Inc.

Gorilla Technology announced Friday that it signed a non-binding letter of intent to acquire its first U.S. data center, with the acquisition targeted to close by the end of November 2026. The existing facility has 6 MW of current power capacity and potential expansion to 36 MW, while the local utility supports an additional 30 MW expected to be delivered in about 18 months, subject to infrastructure work. The operational facility generates colocation revenue that the company expects to continue after the acquisition, subject to final lease and transfer arrangements. Gorilla targets a U.S. data center portfolio exceeding 100 MW within 12 to 18 months through acquisitions, expansion, and AI computing deployments. The deal remains subject to due diligence and definitive agreements.

Gorilla Technology Group has secured a multi-year contract worth tens of millions of dollars to expand artificial intelligence and analytics infrastructure for an existing government customer in Taiwan. The London-headquartered company said the agreement covers intelligence data integration, AI-powered analytics and accelerated computing infrastructure for an unnamed criminal investigation bureau, which it described as the largest bureau of its kind in the Asia-Pacific region. The project includes accelerated computing systems incorporating Nvidia B300 graphics processing units, along with three years of maintenance, technical support and system enhancements. Implementation is expected to begin in the fourth quarter of 2026 and continue through the fourth quarter of 2027, building on the customer's existing systems rather than replacing them. Chairman and Chief Executive Officer Jay Chandan said the follow-on award reflected earned trust, while Taiwan Country Head Jackie Wang called it a significant expansion of Gorilla's footprint in Taiwan that extends beyond hardware supply to intelligence data integration and AI-driven analytics.

Gorilla Technology has signed a five-year AI compute infrastructure contract with a global technology customer that is expected to generate about $2.5 billion in revenue over the five years. The deployment will be at the NeutraDC Batam data centre in Indonesia, with the first phase consisting of about 1,000 Nvidia B300 GPU servers expected to generate around $1.3 billion in revenue over the same period. The first phase is planned in two tranches, with initial deployment targeted for September and the second tranche for December, while the remaining contracted deployment is expected in the first half of 2027. The company has received debt financing offers covering about 70% of expected project costs and is working with banks to finalize the optimal financing structure. Shares of Gorilla surged about 6% on Tuesday following the announcement.