Gorilla Provides Business Updates
- Written by Reporters
- Gorilla reported an active global pipeline of approximately $5.6 billion across 87 distinct opportunities.
- The Company anticipates closing $1.3 billion in contracts by mid-2026, consisting of long-term agreements ranging from three to 15 years.
- The pipeline size reflects progression—as several high-value opportunities have advanced into the MOU stage or late-stage negotiations and are nearing contract finalization.
- Gorilla's pipeline underscores the Company's ability to convert business development opportunities into large-scale delivery opportunities.
- Gorilla reaffirmed the strategic importance of its partnerships with Hewlett Packard Enterprise (NYSE: HPE) and announced it is now an NVIDIA (NASDAQ: NVDA) solutions provider, leveraging NVIDIA's industry-leading AI frameworks.
- These agreements accelerate product development and also enhance trust and credibility with government stakeholders—particularly in mission-critical projects involving smart cities, law enforcement, and sovereign data.
- Gorilla is positioned to develop its role in sovereign digital infrastructure deployments across multiple geographies, and these partnerships can accelerate the company's path forward.
- Gorilla remains focused on its U.S. expansion, including active engagement in East Coast law enforcement and infrastructure opportunities.
- Its pending acquisition of a leading AI firm, expected to close this quarter, will bring 70 professionals and expand its R&D and regional execution footprint.
- The Company's breakthrough ONE AMAZON initiative will formally launch at New York Climate Week in September, with initial revenues expected in Q4 2025.
- In Thailand, Gorilla is in final-stage negotiations for a landmark smart education deployment impacting over 6.5 million students. This program marks the first phase of a multi-decade digital education and safety platform.
- Capital raise proceeds bolster Gorilla's ability to meet capital commitments required for performance and bid bonds on large-scale government contracts. The transaction included a combination of treasury shares and structured warrants, limiting near-term dilution.
- The Company now holds $108 million in cash and $16.5 million in low-interest debt. Additional non-dilutive funding mechanisms—including $200 million in secured term sheets—remain in place. In addition, Gorilla's infrastructure platform, TerraStrata, currently holds $3.5 billion in assets along with substantial cash, which is already being deployed into large-scale projects.
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About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website: Gorilla-Technology.com.
Source https://www.media-outreach.com/news/united-kingdom/2025/07/11/395033/