$FRTT

Nexera Technologies' subsidiary, Fort Technology, acquired a 50.1% stake in Logia USA, which holds an exclusive U.S. license for automated fuel-integrity systems. The deal aims to commercialize these systems in the growing data center market, projected to reach $700 billion by 2034. Fort invested $125,000 and secured a $2 million credit facility for Logia USA's operations.

Fort Technology (Nasdaq: FRTT; TSXV: FORT) reported $7.36M revenue for H1 2026, up 49% YoY, and closed a 50.1% acquisition of Logia USA. ISP Global Capital estimates a $250M–$350M valuation if Fort reaches $50M in annual revenue, citing data center market growth.

Fort Technology Inc. (NASDAQ: FRTT; TSXV: FORT) reported that all resolutions were approved at its annual general and special meeting. 70.98% of votes were cast, with 99.97% in favor of setting the board at five directors. All director nominees were elected, and Brightman Almagor Zohar & Co. were appointed as auditors. Shareholders also approved a share consolidation plan.

Fort Technology (FRTT) completed its acquisition of 50.1% of Logia USA, a provider of fuel integrity solutions for data centers. The company issued 132,603 shares and provided a $2M credit facility. Logia USA's founder, Yair Harel, will lead the company under a consulting agreement.

Fort Technology Inc. (FRTT, FORT) completed its acquisition of 50.1% of Logia USA Inc., a provider of fuel integrity solutions for data centers. The deal involved issuing 132,603 common shares and a US$2.0 million credit facility. Logia USA's founder, Yair Harel, will lead the company and may receive additional shares and bonuses based on performance milestones. The global data center market is projected to grow to US$700 billion by 2034, according to Fortune Business Insights.

Nexera Technologies said its majority-owned subsidiary Fort Technology reported record first-half 2026 results. Revenue rose 49% to $7.36 million and gross profit increased 145% to $1.36 million, with gross margin up to 18.5% from 11.3%. Fort also agreed to acquire 50.1% of Logia USA, expected to close around Oct. 1, 2026.

Fort Technology Inc. (NASDAQ:FRTT) reported H1 2026 revenue of $7.36M, up 49% from $4.92M a year earlier, driven by about 56% unit growth, with the UK up 41%. Gross profit rose to $1.36M and gross margin to 18.5%. Fort began Nasdaq trading June 8, 2026 and plans to acquire 50.1% of Logia USA, expected around Oct. 1, 2026.

Fort Technology (NASDAQ:FRTT) agreed to buy a 50.1% controlling stake in Logia USA from founder Yair Harel for 132,603 Fort shares worth $125,000. The deal includes a $2 million, 6% credit facility in milestone tranches. Logia USA has not started U.S. sales; Fort’s stake may fall to 30% to 5% if sales thresholds are met.

ISP Global Capital raised its price target for Fort Technology Inc. (Nasdaq: FRTT) to $15 from $10, citing Fort’s plan to buy 50.1% of Logia USA Inc. under an agreement announced Aug. 11. Closing is expected before Oct. 1, 2026, subject to conditions. The target assumes commercialization of Logia’s fuel integrity tech and milestone-based equity rebalancing.

TheStreetReports highlights sub-$1 and microcap catalysts across several sectors. Planet Green Holdings (PLAG) says its lactoferrin sourcing and distribution entered commercial operations. Peraso (PRSO) added a PRM2145 60GHz mmWave module ahead of Q2 results. IGC (IGC) nears Phase 2 topline in Q4 2026; Fort (FRTT) agreed to buy 50.1% of Logia USA; Kartoon (TOON) has earnings Aug. 13; Algorhythm (RIME) reports Aug. 14.