Gorilla Technology Secures $1.8 Billion AI-Powered Smart Grid Deal in Thailand

Why Is Gorilla Technology Stock Surging Today? - Gorilla Tech Gr (NASDAQ:GRRR)

Shares of security, network, business intelligence solutions provider Gorilla Technology Group GRRR are surging in premarket on Monday. The company has secured a $1.8 billion agreement to spearhead Thailand's most extensive energy digitization and infrastructure overhaul. This AI-powered initiative aims to revamp the nation's electricity network over the next 15 years, improving energy efficiency, boosting security, and transforming power distribution. Gorilla Technology Group is introducing a new financing approach for the initiative, guaranteeing lasting sustainability and financial gains for all involved parties. Gorilla's funding model departs from conventional infrastructure financing by tying revenue to the ongoing efficiency gains of the project. Revenues are expected to scale progressively, with a major ramp-up from 2026-2027 as full operations commence. Over the 15-year lifecycle, the initiative is expected to generate multi-billion-dollar cumulative revenue, delivering strong, sustained growth for Gorilla. Also Read: ServiceNow Unveils AI Agents For Telecoms In Collaboration With Nvidia "By integrating AI, automation, and cybersecurity into Thailand's energy infrastructure, this initiative aligns with the national goal of building a resilient, technology-driven economy," said Sales Director, Thailand and Rest of Asia, Mike Wang. "This 15-year transformation programme ensures that Thailand's power grid remains future-proof, secure, and financially sustainable and Gorilla is at the centre of making it happen." With AI-driven smart grid management, predictive analytics, and top-tier cybersecurity, the project seeks to enhance energy distribution and strengthen the protection of essential assets. Price Action: GRRR shares are trading higher by 19.7% at $36.24 in premarket at last check Monday. Read Next: Plug Power's High-Stakes Move: Executives Can Take Up To 75% Of Pay In Company Stock Image via Shutterstock. GRRRGorilla Technology Group Inc$36.0919.2%Overview This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs

Gorilla Technology shares soar on $1.8B Thai smart grid deal By Investing.com

Investing.com -- Gorilla Technology Group (NASDAQ: GRRR) stock surged 22% following the announcement of a landmark $1.8 billion agreement to spearhead Thailand's largest smart grid and AI-powered energy transformation. This initiative, which marks a significant step in modernizing the country's energy infrastructure, is expected to enhance power distribution, security, and efficiency on a national scale. The ambitious project will commence groundwork this year, with the financial impact anticipated to accelerate from 2026-2027 as the full implementation reaches operational maturity. Gorilla Technology Group's innovative financing model, which deviates from traditional milestone-based payments, has been structured to provide sustainable funding over the next 15 years, ensuring scalability and long-term financial benefits for stakeholders. The company's role in this transformative endeavor includes deploying AI-driven grid management and predictive analytics to optimize energy flows and response times, creating a resilient self-correcting power network. Additionally, Gorilla will implement enterprise-grade cybersecurity measures to protect the increasingly digitized power grid from cyber threats. Revenue from the project is expected to grow progressively over the 15-year period, with a significant ramp-up projected between 2026-2027 as the technology reaches full operational capacity. This performance-linked financial model promises to tie revenue generation to efficiency improvements and grid optimization, aligning investment with measurable benefits. Mike Wang, Sales Director for Thailand and the rest of Asia at Gorilla, stated, "This is not just an infrastructure upgrade - it is a radical shift in how energy is managed. By integrating AI, automation, and cybersecurity into Thailand's energy infrastructure, this initiative aligns with the national goal of building a resilient, technology-driven economy." Viraphan Paiboolsilp, Technology Specialist, emphasized the significance of the agreement for both Gorilla Technology and Thailand's energy sector, noting the commitment to innovation, sustainability, and excellence that this 15-year initiative embodies. Investors have responded positively to the news, recognizing the potential for Gorilla Technology Group to benefit from ongoing efficiencies and AI-driven optimization over the long term, rather than relying on one-time payments.