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Gorilla Technology Group Inc., a global leader in video intelligence and IoT technology, was established in 2000. The company offers innovative solutions for smart retail, enterprise surveillance, city security, and broadcast media. With Vemo technology, Gorilla applies deep learning algorithms for digital stream processing and video analytics, creating value-added services for businesses.
Gorilla Technology Group Inc. primarily provides information, software, and data processing services. It specializes in video intelligence, IoT security, edge AI data analytics, and operational technology security solutions. The company focuses on video IoT and security convergence, offering cutting-edge technology solutions to enhance operational performance and efficiency for clients.
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Gorilla Technology Group announces commencement of a ground-breaking project with the Government of Egypt, generating revenue and increasing cash flow.
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Gorilla Technology Group signs a multiyear contract worth $20.8M to provide 5G smart law enforcement solutions in Taiwan, enhancing criminal investigations for a safe city.
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Gorilla Technology Group files universal shelf registration statement to enhance financial maneuverability and access to capital markets.
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Gorilla Technology Group Inc. reported its unaudited financial results for the six months ended June 30, 2023. Booked sales exceeded internal target, standing at $272 million, a 563% increase. Revenue guidance for 2023 is $65 million and $90 million for 2024. Gross margin increased to 49.4%. The company implemented a Smart Government Security Convergence solution for the Government of Egypt, representing the largest contract in company history.
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Gorilla Technology Group suspects illegal manipulation causing price volatility in its stock. Evidence of wrongdoing uncovered. Contract with government of Egypt brings visibility of up to $300 million revenue over next three years.
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Gorilla Technology Group has announced a strategic relationship with British Telecom (BT) to deliver a Container Identification and Container Damage Detection solution. The solution combines Gorilla's video analytics expertise with BT's network infrastructure to address the needs of the logistics industry. It leverages AI and machine learning algorithms to identify containers, track movements, and detect damage or tampering. The solution is being deployed at the Port of Tyne in the UK.
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Gorilla Technology Group Inc. has announced the opening of its new office in Chennai, India. The office will serve as the base for Gorilla's Indian operations and will focus on research, product customization, implementation, and solutions services. The company plans to grow the team and make it a global center of excellence. The expansion represents a significant milestone in Gorilla's growth strategy and will enable them to tap into the local talent pool and provide cutting-edge technology solutions to clients worldwide.
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FAQ
What is the current stock price of Gorilla Technology Group Warrant (GRRRW)?
The current stock price of Gorilla Technology Group Warrant (GRRRW) is $0.4326 as of December 20, 2024.
When was Gorilla Technology Group Inc. established?
Gorilla Technology Group Inc. was established in the year 2000.
What are the core business areas of Gorilla Technology Group Inc.?
Gorilla Technology Group Inc. specializes in video intelligence, IoT security, edge AI data analytics, and operational technology security solutions.
What is Vemo technology used for by Gorilla Technology Group Inc.?
Gorilla Technology Group Inc. utilizes Vemo technology to apply deep learning algorithms for digital stream processing and video analytics.
What makes Gorilla Technology Group Inc. a global leader in the industry?
Gorilla Technology Group Inc. is recognized for its innovative solutions in video intelligence and IoT technology, catering to smart retail, enterprise surveillance, city security, and broadcast media.
How does Gorilla Technology Group Inc. contribute to business opportunities?
Gorilla Technology Group Inc. creates value-added services for businesses by providing automation of digital stream processing and comprehensive video analytics through its deep learning algorithms.
What are the main segments of Gorilla Technology Group Inc.?
The reportable segments of Gorilla Technology Group Inc. are video IoT and security convergence, along with other segments related to its core business.
What type of services does Gorilla Technology Group Inc. offer?
Gorilla Technology Group Inc. primarily provides information, software, and data processing services for its clients.
Who are the target clients of Gorilla Technology Group Inc.?
Gorilla Technology Group Inc. targets managed service providers, distributors, system integrators, and hardware manufacturers for its edge AI solutions.
How does Gorilla Technology Group Inc. ensure top-of-the-line solutions for its clients?
Gorilla Technology Group Inc. emphasizes leading technology, expert service, and precise delivery to provide intelligent edge AI solutions for improving operational performance and efficiency.
Where can I find more information about Gorilla Technology Group Inc.?
For more information, visit Gorilla Technology Group Inc.'s website at Gorilla-Technology.com.
Gorilla Technology Group Inc. Warrant