Gorilla Technology Stock Is Up 4% Pre-Market Today – Here’s What Happened

Gorilla Technology Group Inc.(GRRR) shares gained in Friday’s pre-market session after the company released additional details about its recently announced multi-billion-dollar agreement with Freyr Singapore.

The company disclosed on September 17 that it had finalized a binding three-year deal worth $1.4 billion with infrastructure firm Freyr Singapore. Gorilla is expected to receive the full contract value, contingent upon meeting its responsibilities outlined in the agreement. The initial phase of the project, known as “Phase One,” carries a value of $300 million and is scheduled to launch in the fourth quarter of 2025.

Gorilla Technology stock traded over 4% higher in Friday’s premarket and was the top trending equity ticker on Stocktwits. As the primary operator, Gorilla will oversee both the design and implementation of the infrastructure, including advanced GPU-powered compute environments, orchestration tools, and multi-year service-level agreement (SLA) based support operations.

Freyr will assist as the company's regional partner, aiding with project delivery and territorial expansion. The contract is fully enforceable and grants Gorilla immediate visibility into revenue from the upcoming project phase. 

Under the provisions of the agreement, Gorilla will be the chief operator and AI infrastructure provider, responsible for implementing advanced computing systems across Indonesia, Malaysia, and Thailand. The company will deploy its in-house artificial intelligence stack, comprising GPU-as-a-Service tools, orchestration platforms, and live monitoring systems.

The company also noted that its current liquidity position, combined with anticipated cash inflows, is expected to be adequate to fund ongoing operations.

Gorilla Technology’s stock has gained over 9% year-to-date and over 395% in the last 12 months. 

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