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LONDON - Gorilla Technology Group Inc. (NASDAQ:GRRR), a technology company with a market capitalization of $508.59 million and showing a remarkable 387% return over the past year according to InvestingPro, has signed a three-year, $1.4 billion contract with Singapore-based infrastructure platform Freyr to develop AI-powered data centers across Southeast Asia, according to a press release statement.
The partnership will begin with a $300 million initial phase launching in Q4 2025. Under the agreement, Gorilla will serve as the lead provider of AI infrastructure, service-level operations, and end-to-end data center intelligence across Indonesia, Malaysia, and Thailand. Analysts tracked by InvestingPro project a 34% revenue growth for the company this fiscal year, suggesting strong execution potential for this significant contract.
Gorilla will deploy its proprietary AI stack, including GPU-as-a-Service infrastructure and monitoring systems, while managing performance and uptime SLAs over the initial three-year term. The contract includes optional two-year extensions.
"Gorilla has a uniquely strong understanding of this region and therefore the right vantage point to develop this critical network of data centers," said Jay Chandan, Chairman & CEO of Gorilla Technology Group.
Freyr CEO Cary Liu stated that the partnership aims to provide "sovereign, intelligent, high-performance infrastructure" for Southeast Asia.
The companies are currently finalizing detailed Statements of Work, Service Level Agreements, and GPU infrastructure deployment schedules. Site selection and systems integration for the initial phase are already underway, with AI services expected to go live in early 2026.
Gorilla Technology Group specializes in security intelligence, network intelligence, and IoT technology, while Freyr Technology AI delivers infrastructure solutions for AI and high-performance computing across Asia-Pacific as a NVIDIA Preferred Partner.
In other recent news, Gorilla Technology Group Inc. reported a significant 90.2% increase in revenue for the first half of 2025, reaching $39.3 million. The company also reduced its debt to $18.1 million and improved its liquidity with a $105 million equity offering. Furthermore, Gorilla Technology secured a $1.4 billion contract with Freyr Singapore to develop AI-powered data centers across Southeast Asia, marking a major step in its expansion efforts. In addition, the company announced a $5.6 billion active pipeline, with expectations to close $1.3 billion in contracts by mid-2026. Gorilla Technology also resolved its litigation with Culper Research through a confidential settlement. The company has strengthened its position in the AI sector by becoming an NVIDIA Solutions Partner, which is expected to enhance its capabilities in AI and smart city technologies. These developments highlight Gorilla Technology’s ongoing growth and strategic advancements in the industry.
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