Highlights

  • On 9 October 2026 Gorilla Technology announced its first proposed US data-centre acquisition, alongside a plan to build more.
  • The release says Gorilla has signed only a non-binding letter of intent, so no definitive agreement exists..
  • The price and financing terms were not disclosed, and the US location of the facility was not named..
  • The target is an operating data centre with about 6 MW of current utility capacity..

Gorilla Technology Group (NASDAQ:GRRR) is at a consequential point in its latest reported developments. On 9 October 2026 Gorilla Technology announced its first proposed US data-centre acquisition, alongside a plan to build more than 100 MW of US capacity within 12 to 18 months. The release says Gorilla has signed only a non-binding letter of intent, so no definitive agreement exists.

The Latest Developments

The target is an operating data centre with about 6 MW of current utility capacity. Written utility support covers roughly 30 MW more, for a potential total of about 36 MW, although the utility estimates around 18 months to deliver the additional capacity.

Conditions and timing

Gorilla targets closing by the end of November 2026, subject to satisfactory due diligence on the tenant base, leases and operating history, internal approvals, signed definitive agreements and customary closing conditions. Chief executive Jay Chandan said the company was not entering the United States simply to acquire a building, and chief financial officer Bruce Bower described the deal as a base from which to pursue more capacity.

The wider 100 MW ambition would rely on further acquisitions, expansion and customer-funded GPU deployments, which are plans and not commitments.

The company, which Available information indicates as offering security, network, business intelligence and Internet of Things solutions, with roughly 200 employees, is therefore redefining itself around AI infrastructure. A building with 6 MW of capacity is a modest start against the 100 MW goal, and the additional 30 MW depends on utility delivery over about 18 months.

Latest reported results

Management raised full-year 2026 revenue guidance to at least US$200 million and gave 2027 revenue guidance of US$450 million to US$500 million, against a consensus of about US$386.7 million cited by market-data listings. Guidance is a forecast, not a result; the company reported full-year 2025 revenue of US$101.4 million.

Funding and contracts

The strategy is capital-intensive. In July Gorilla priced a US$125 million senior unsecured convertible bond offering to start a data-centre project in Batam, Indonesia, and it announced a US$2.5 billion five-year AI GPU-as-a-service compute contract. On 27 August Fitch assigned a first-time B- rating with a positive outlook.

Further items include a multi-year Taiwan national AI infrastructure contract announced around 23 September and the move of its Yotta AI programme in India into physical execution on 8 September. Contract values and delivery timetables should be checked against the primary releases.

On 1 July the company completed its acquisition of Shackleton Finance and launched Gorilla Tech Capital, and in July it announced delivery of a contingent value right payment notice. Both come from the market-data listings listings.

Share price and what to watch

Investors may watch whether the letter of intent becomes a definitive agreement by the end-November target, how the deal is financed, and the next results, which Available information indicates for 16 November. Gorilla is compared with the Nasdaq Composite only as a benchmark; no index membership is claimed.