Gorilla Technology in Consortium with NC Digy Smart Cities and AECOM Signs MoU to Transform Santa Marta into an AI-Powered Smart City
Gorilla Technology (NASDAQ: GRRR) has signed a landmark MoU with the City of Santa Marta, Colombia, in consortium with NC Digy Smart Cities and AECOM, to transform it into an AI-powered smart city. The 20-year contract represents the first phase of a four-phase initiative aimed at revolutionizing smart cities across Latin America.
The project will implement various AI-driven components including: smart lighting with video analytics and environmental sensors, cybersecure communication nodes, interactive AI kiosks, smart mobility and parking systems, AI video analytics for public safety, and environmental monitoring systems. The company is currently engaging with over 20 cities between the United States and Latin America for similar smart city initiatives.
The initiative coincides with Colombia's largest gas discovery off its coast, which is expected to drive economic growth in the region. As part of the project, Gorilla Technology will also establish smart and green data centers in Colombia to support the region's digital transformation.
Gorilla Technology (NASDAQ: GRRR) ha firmato un memorandum d'intesa storico con la città di Santa Marta, in Colombia, in consorzio con NC Digy Smart Cities e AECOM, per trasformarla in una città intelligente alimentata dall'IA. Il contratto di 20 anni rappresenta la prima fase di un'iniziativa in quattro fasi volta a rivoluzionare le città intelligenti in tutta l'America Latina.
Il progetto implementerà vari componenti basati sull'IA, tra cui: illuminazione intelligente con analisi video e sensori ambientali, nodi di comunicazione ciberprotetti, chioschi interattivi con IA, sistemi di mobilità e parcheggio intelligenti, analisi video IA per la sicurezza pubblica e sistemi di monitoraggio ambientale. L'azienda sta attualmente collaborando con oltre 20 città tra gli Stati Uniti e l'America Latina per iniziative simili di città intelligenti.
L'iniziativa coincide con la scoperta di gas più grande della Colombia al largo della sua costa, che si prevede stimolerà la crescita economica nella regione. Come parte del progetto, Gorilla Technology stabilirà anche data center intelligenti e verdi in Colombia per supportare la trasformazione digitale della regione.
Gorilla Technology (NASDAQ: GRRR) ha firmado un memorando de entendimiento histórico con la ciudad de Santa Marta, Colombia, en consorcio con NC Digy Smart Cities y AECOM, para transformarla en una ciudad inteligente impulsada por IA. El contrato de 20 años representa la primera fase de una iniciativa de cuatro fases destinada a revolucionar las ciudades inteligentes en América Latina.
El proyecto implementará varios componentes impulsados por IA, incluidos: iluminación inteligente con análisis de video y sensores ambientales, nodos de comunicación ciberseguros, quioscos interactivos con IA, sistemas de movilidad y estacionamiento inteligentes, análisis de video de IA para la seguridad pública y sistemas de monitoreo ambiental. La empresa actualmente se está asociando con más de 20 ciudades entre Estados Unidos y América Latina para iniciativas similares de ciudades inteligentes.
La iniciativa coincide con el mayor descubrimiento de gas de Colombia frente a su costa, lo que se espera impulse el crecimiento económico en la región. Como parte del proyecto, Gorilla Technology también establecerá centros de datos inteligentes y sostenibles en Colombia para apoyar la transformación digital de la región.
고릴라 테크놀로지 (NASDAQ: GRRR)는 콜롬비아 산타 마르타 시와 역사적인 양해각서를 체결했으며, NC Digy Smart Cities 및 AECOM과 컨소시엄을 이루어 AI 기반의 스마트 시티로 전환할 계획입니다. 20년 계약은 라틴 아메리카 전역에서 스마트 시티를 혁신하기 위한 네 단계 계획의 첫 번째 단계입니다.
프로젝트는 다음과 같은 다양한 AI 기반 구성 요소를 구현할 것입니다: 비디오 분석 및 환경 센서를 통한 스마트 조명, 사이버 보안 통신 노드, 인터랙티브 AI 키오스크, 스마트 모빌리티 및 주차 시스템, 공공 안전을 위한 AI 비디오 분석 및 환경 모니터링 시스템. 이 회사는 현재 미국과 라틴 아메리카 전역의 20개 도시 이상과 같은 스마트 시티 이니셔티브에 참여하고 있습니다.
이 이니셔티브는 콜롬비아 해안에서의 최대 가스 발견과 일치하며, 이는 이 지역의 경제 성장을 견인할 것으로 예상됩니다. 프로젝트의 일환으로, 고릴라 테크놀로지는 콜롬비아에 스마트하고 친환경적인 데이터 센터를 설립하여 지역의 디지털 변환을 지원할 것입니다.
Gorilla Technology (NASDAQ: GRRR) a signé un protocole d'accord historique avec la ville de Santa Marta, en Colombie, en consortium avec NC Digy Smart Cities et AECOM, pour la transformer en une ville intelligente alimentée par l'IA. Le contrat de 20 ans représente la première phase d'une initiative en quatre phases visant à révolutionner les villes intelligentes à travers l'Amérique latine.
Le projet mettra en œuvre divers composants alimentés par l'IA, notamment : un éclairage intelligent avec analyse vidéo et capteurs environnementaux, des nœuds de communication cyber-sécurisés, des kiosques interactifs avec IA, des systèmes de mobilité et de stationnement intelligents, des analyses vidéo pour la sécurité publique et des systèmes de surveillance de l'environnement. L'entreprise collabore actuellement avec plus de 20 villes entre les États-Unis et l'Amérique latine pour des initiatives similaires de ville intelligente.
L'initiative coïncide avec la plus grande découverte de gaz de Colombie au large de sa côte, qui devrait stimuler la croissance économique de la région. Dans le cadre du projet, Gorilla Technology établira également des centres de données intelligents et écologiques en Colombie pour soutenir la transformation numérique de la région.
Gorilla Technology (NASDAQ: GRRR) hat ein historisches Memorandum of Understanding mit der Stadt Santa Marta in Kolumbien in einem Konsortium mit NC Digy Smart Cities und AECOM unterzeichnet, um sie in eine KI-gesteuerte Smart City zu verwandeln. Der 20-jährige Vertrag stellt die erste Phase einer vierphasigen Initiative dar, die darauf abzielt, Smart Cities in ganz Lateinamerika zu revolutionieren.
Das Projekt wird verschiedene KI-gesteuerte Komponenten implementieren, darunter: intelligente Beleuchtung mit Videoanalysen und Umweltsensoren, cyber-sichere Kommunikationsknoten, interaktive AI-Kioske, intelligente Mobilitäts- und Parksysteme, KI-Videoanalysen für die öffentliche Sicherheit und Umweltsysteme zur Überwachung. Das Unternehmen engagiert sich derzeit in über 20 Städten in den USA und Lateinamerika für ähnliche Smart City-Initiativen.
Die Initiative fällt mit der größten Gasentdeckung Kolumbiens vor seiner Küste zusammen, die voraussichtlich das Wirtschaftswachstum in der Region ankurbeln wird. Im Rahmen des Projekts wird Gorilla Technology auch intelligente und nachhaltige Rechenzentren in Kolumbien einrichten, um die digitale Transformation der Region zu unterstützen.
- Secured 20-year contract for Santa Marta smart city project
- Potential expansion to 20+ cities across US and Latin America
- Strategic positioning in Colombia's growing energy market
- Development of new revenue stream through green data centers
- None.
Insights
This MoU represents a transformative 20-year contract for Gorilla Technology, significantly expanding their footprint in the Latin American smart city market. The project's comprehensive scope - incorporating AI-driven security, mobility and environmental systems - positions GRRR for substantial recurring revenue streams. The integration of data centers adds another lucrative revenue layer beyond just software and analytics.
The consortium structure with AECOM provides important implementation capabilities and credibility, while the potential pipeline of 20+ cities suggests strong scalability. The timing aligns strategically with Colombia's recent major gas discovery, which should provide both energy infrastructure opportunities and increased municipal spending capacity.
For a company with a
The multi-layered smart city implementation plan demonstrates strong commercial potential through its comprehensive infrastructure components:
- AI-integrated lighting systems that combine revenue from hardware, software and ongoing monitoring services
- Cybersecure communication nodes that create recurring cybersecurity service revenues
- Interactive AI kiosks providing both direct monetization and valuable data collection opportunities
The involvement of CAF (Development Bank of Latin America) suggests potential project financing support, reducing execution risk. The 20-year contract duration provides exceptional revenue visibility, while the modular approach allows for staged implementation and cash flow management.
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's Mayor, representatives of the British Government and industry leaders, underscoring a unified commitment to leveraging AI and advanced technologies to drive urban progress and economic growth.
Santa Marta AI-Powered Smart City Signing Ceremony with Gorilla Technology
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Jay Chandan, Chairman and CEO of Gorilla Technology, stated, "The transformation of Santa Marta marks the first phase of a four-phase initiative that will revolutionize smart cities across Latin America. This 20-year contract allows us to build an end-to-end smart city, integrating AI into security, mobility, environmental monitoring and more. It's a scalable model for other cities in the region."
Chandan added, "We are actively engaging with over 20 cities between the United States and Latin America, to collaborate on making their urban environments smarter and more connected. This project exemplifies the power of AI to drive innovation, economic growth, and sustainable development, not just for Santa Marta, but for cities across Latin America."
He also emphasized, "With largest gas discovery in the country's history off Colombia's coast, this is a pivotal moment for the country. The energy boom, combined with our smart city development, will drive a wave of economic growth and transformation, not only for Santa Marta but for the entire region."
Chandan concluded, "As part of this initiative, we will also be bringing smart and green data centers to Colombia, supporting the digital transformation of the region while ensuring sustainability and energy efficiency."
Jaime Andrés Niño Tarazona, Sr Vice President, LATAM Subregion, AECOM commented, "The Santa Marta Smart City initiative is not just a project; it is a catalyst for regional change. AECOM envisions this collaboration as the first step in a long-term strategy to introduce AI-powered smart solutions to cities across Colombia and Latin America. By demonstrating the power of AI and IoT to transform urban spaces, Santa Marta will serve as a model for future smart city projects across the region."
Santa Marta: A New Era of AI-Powered Innovation
The consortium's combined solutions will empower Santa Marta to become a benchmark for AI-driven urban transformation. By integrating Artificial Intelligence into every layer of the city's infrastructure, the project promises to enhance safety, connectivity and operational efficiency. Key AI-driven components include:
AI-Enhanced Smart Lighting: Deployment of AI video analytics, environmental sensors, and advanced Wi-Fi and 5G capabilities. These systems will enable real-time data collection and analysis to improve safety, reduce energy consumption and optimise urban planning.
Cybersecure Communication Nodes: AI-driven cybersecurity will protect the city's critical communication infrastructure, including nodes that integrate fibre optic connectivity and manage IoT devices. These nodes ensure secure data transmission and protect against potential cyber threats.
Interactive AI Kiosks: Strategically located kiosks powered by Gorilla's AI platform will provide tourists and residents with real-time information on historical sites, local attractions, and essential city services. These kiosks will also serve as hubs for collecting AI-processed data to improve city services.
Smart Mobility and Parking: AI algorithms will power intelligent parking systems, congestion management tools, and real-time traffic monitoring, reducing bottlenecks and improving transportation flow across Santa Marta.
AI Video Analytics for Public Safety: Advanced AI-powered cameras and analytics will be deployed throughout the city to enhance public safety by detecting and analysing potential threats in real time.
Environmental Monitoring and Insights: AI-powered sensors will collect and analyse environmental data, including air quality, temperature and noise levels, providing actionable insights to create a healthier, more sustainable urban environment.
Catalysing Growth Across Latin America - AI, Cybersecurity and Global Collaboration
Robert J.Rodriguez, Chairman & Co-Founder, NC Digy Smart Cities, said, "The Santa Marta project highlights Gorilla Technology's expertise in AI-driven cybersecurity and video analytics, ensuring a resilient and future-proof smart city infrastructure. This collaboration, supported by the British Government & The American Governments, underscores the importance of international partnerships in delivering scalable and secure solutions for urban challenges."
Santa Marta: A New Era of AI-Powered Innovation in Collaboration with Gorilla Technology
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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.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about our ability to execute definitive agreements related to this smart education project, attract the attention of customers and win additional projects, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on May 15, 2024 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236423
FAQ
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