Nexera Technologies: Subsidiary Fort Technology Targets the Growing Data Center Backup-Power Market Through Acquisition of Majority Stake in Logia USA
Key Highlights
- ➤Fort Technology (FRTT) acquired 50.1% of Logia USA on August 26, 2026.
- ➤Fort issued 132,603 shares valued at approximately US$125,000 for the acquisition.
- ➤Logia USA received an exclusive, sublicensable U.S. license for automated fuel-integrity systems.
- ➤Fort extended Logia USA up to US$2.0 million through a milestone-based credit facility.
- ➤Global data center market projected to grow from approximately US$300 billion in 2026 to US$700 billion by 2034.
Fort recently acquired a 50.1% interest in Logia USA, which holds an exclusive U.S. license for automated fuel-integrity systems, positioning Logia USA to pursue commercialization of standby-power fuel maintenance solutions as the global data center market is projected to grow to approximately US$700 billion by 2034
Tel Aviv, Israel, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Nexera Technologies Ltd (“Nexera” or the “Company”) (Nasdaq: NEXR, NEXRW), a data-driven company operating on the Amazon Marketplace and expanding into the global homeland security sector through advanced artificial intelligence (“AI”)-driven solutions, today provided an overview of the previously announced transaction through which its majority-owned subsidiary, Fort Technology Inc. (TSXV: FORT) (Nasdaq: FRTT) (“Fort”), acquired a majority stake in Logia USA Inc. (“Logia USA”), a company focused on selling advanced fuel integrity solutions for data centers and other mission-critical facilities in the United States.
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