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 both favourable times and challenging periods. We understand the frustration and concerns many of yo

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 Executive Director Sergio Díaz-Granados Guida, was signed in a high-profile ceremony attended by Santa Marta'

London, United Kingdom--(Newsfile Corp. - January 6, 2025) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), today announced its updated share count, proceeds from recent warrant exercises, and an update on its market capitalisation.As of January 3, 2025, Gorilla has 18,464,651 ordinary shares outstanding. This reflects the full conversion of all preference shares, as well as the exercise of a combined total of 2,663,750 Series A, Series B, and Series C warrants. The Company has received over $15.7 million in fresh cash from the holders of these warrants in connection with their exercise.Based on the closing market share price of $24.33 (as of January 2, 2025), Gori

ORLANDO, FL / ACCESSWIRE / January 3, 2025 / RedChip Companies will air interviews with Gorilla Technology Group, Inc. (NASDAQ:GRRR) and Nova Minerals Limited (NASDAQ:NVA)(ASX:NVA) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV on January 4. Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:GRRR: https://www.redchip.com/assets/access/grrr_accessNVA: https://www.redchip.com/assets/access/nva_accessIn an exclusive interview, Bruce Bower, interim-CFO of Gorilla Technology, appears on the RedChip Small Stocks Big Money™ show on Bloomberg TV to provide a corporate update. Gorilla Technology is a

London, United Kingdom--(Newsfile Corp. - December 31, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") is closing the year on a high note, securing two more contracts in Taiwan that pave the way for even greater success in 2025.The first is a pivotal project is with the law enforcement sector, centred on deploying Gorilla's AI-powered lawful interception and criminal investigation platform. This groundbreaking project demonstrates Gorilla's ability to harness artificial intelligence to empower agencies with intelligent, data-driven tools that enhance public safety and streamline operational efficiency.The second contract involves a strategic collaboration wit

London, United Kingdom--(Newsfile Corp. - December 27, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), is pleased to announce the removal of a partial but a critical overhang from its shareholder base, following the exercise of warrants by one of the holders, resulting in a fresh injection of capital of nearly $6 million.This pivotal milestone injects fresh cash into the Company's reserves, Gorilla's unwavering dedication to building a fortress-like balance sheet. Simultaneously, Gorilla is taking bold steps to engage with other investors to strategically acquire their shares, while aggressively advancing its share buyback programme to reshape and fortify it

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.The completion of the conversion's underscores confidence in Gorilla's long-term potential and removes any lingering dilution concerns, benefiting all shareholders. With no further preferred share overhang, Gorilla is now better positioned to execute on its ambi

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.Southeast Asia SuccessGorilla has secured a large smart education contract in Southeast Asia. The agreement is currently in the final stages of term discussions, further demonstrating Gorilla's ability to deliver transformative solutions across critical industries.Robust Backlog and 2025 OutlookThe Company is set to enter 2025 with a $93

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). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interview in its entirety at: https://www.redchip.com/assets/access/grrr_accessIn the exclusive interview, Jay Chandan, Chairman and CEO of Gorilla Technology, and Bruce Bower, interim-CFO, appear on the RedChip Small Stocks Big Money™ show on Bloomberg TV to discuss Gorilla Technology's strategic vision and recent advancements, includi

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.Leveraging Edgecore's premier products, including advanced AI data center technologies, its 800G super spine switches and AI Networking platforms, Gorilla will introduce white-labelled AI GPUs and Networking solutions built o

Cantor Fitzgerald initiated coverage of Gorilla Technology Group with a rating of Overweight and set a new price target of $4.80

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. Currently serving as the CTO and Business Lead, APJ, at Intel Corporation, he has driven ground-breaking advancements in AI, IoT, SDN and Cloud Infrastructure, forging partnerships that have reshaped industries across the Asia-Pacific region and beyond."Thomas's appointment signals a new era for Gori

London, United Kingdom--(Newsfile Corp. - September 9, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), today announced a ground-breaking joint venture agreement with Lanner Electronics, set to manufacture Gorilla's Next Generation Security Convergence appliances in Thailand.The joint venture between Lanner and Gorilla, following their recent MOU, represents a significant enhancement within Lanner's existing facility in Thailand. This development introduces a new line of Artificial Intelligence (AI)-enabled cybersecurity products, tailored to meet the growing needs of global organizations. With a focus on localization, Gorilla aims to strengthen its regional

London, United Kingdom--(Newsfile Corp. - September 3, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") is pleased to announce the appointment of Bruce Bower as Interim Chief Financial Officer (CFO). A seasoned finance executive, he brings over two decades of robust experience in strategic financial management, capital raising and corporate governance to Gorilla at a crucial juncture in the company's growth trajectory.Bruce Bower – Interim CFO To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10783/221607_357bc3b8d4a58b44_001full.jpgBruce has a distinguished track record of driving financial excellence across diver

LONDON, July 15, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), a global solutions provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced Keith Levy, former Head of Corporate Derivatives Trading for Bank of America, has joined Gorilla's Board of Directors. "We are delighted to welcome Keith Levy to our Board of Directors. His vast experience and proven leadership in the financial sector will be invaluable as we continue to drive innovation and growth," said Gorilla Chairman and CEO Jay Chandan. "His insights and strategic vision align perfectly with our mission to redefine the t

TAIPEI, Taiwan and NEW YORK, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ:GRRR), a global provider of AI based edge video analytics, IoT technologies, and cybersecurity, today announced Dr. Evan Medeiros has joined the company's Board of Directors, effective today.  Gorilla also announced that Tomoyuki Nii has resigned from the Board of Directors. Dr. Medeiros is a renowned expert in international politics and business. A former White House senior advisor to President Obama, he is currently the Penner Family Chair in Asia Studies at Georgetown University's School of Foreign Service. His research and teaching focuses on the international politics of E

TAIPEI, Taiwan and NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ:GRRR), a global leader in edge video analytic artificial intelligence, IoT technologies, and cybersecurity today announced the appointment of industry veteran Max Lin as the General Manager, Taiwan. Max has more than 18 years of extensive experience in the technology sector with start-ups, SMEs, and global companies. Based in Taipei, Max has a deep understanding of the Taiwanese market and has extensive experience working with a multicultural team to expand the business regionally and globally. This, coupled with his expertise in customer service, product management, brand management, sale

TAIPEI, Taiwan and NEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: "GRRR" for ordinary shares and "GRRRW" for warrants) ("Gorilla" or the "Company"), a global leader in edge video analytic artificial intelligence, IoT technologies, and cybersecurity, today reported its unaudited financial results for the half year ended June 30, 2022. 1H22 Highlights: Strategic pivot to Security Convergence gaining traction, with segment revenue up 63.9% y/y; contributing 49.8% of total group revenue, versus 27.8% in the first half of 2021Pivot away from Video IoT as anticipated, with segment revenue decreased 36.5% y/y as projects are completedFirst half of 2022 gr

TAIPEI, Taiwan, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla"), a global leader in edge artificial intelligence ("Edge AI") headquartered in Taiwan, today announced the appointment of Hee-Won Choi as its Global Head of People & Human Resources. Hee-Won has more than 14 years of extensive HR experience committing to both in-house and outsourcing specializations of global organizations. She has accumulated living & working experience and cultural understanding of Beijing, Shanghai, Singapore, Hong Kong, Taiwan and the United Kingdom gaining regional human resource, legal and payroll knowledge of more than 14 APAC countries. Previously Hee-Won held the role of

TAIPEI, Taiwan and NEW YORK, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ:GRRR), a leader in edge video analytic artificial intelligence, IoT technologies, and cybersecurity, today announced the appointment of Executive Chairman Jayesh (Jay) Chandan to CEO, effective immediately. Chandan succeeds founder and CEO Dr. Spincer Koh who is entering retirement following his more than two-decade long commitment to the company. "Gorilla is at an exciting nexus point, following its recent listing as a publicly traded company with working capital, strong growth momentum and international expansion in our sight line. As the edge computing market continues to s