Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Equity Bottom-Up

Gorilla Technology Group  / Equity Bottom-Up

<ul><li>Management stated that the company has a contracted backlog in excess of $100 million for 2026, consisting strictly of signed agreements with defined delivery milestones.</li><li>Beyond this base, the company is actively pursuing a qualified pipeline of more than $10 billion across AI infrastructure and data center projects.</li><li>This pipeline represents growth opportunities that only move into the official backlog once contracts are fully executed and scheduled.</li></ul>

Management stated that the company has a contracted backlog in excess of $100 million for 2026, consisting strictly of signed agreements with defined delivery milestones.Beyond this base, the company is actively pursuing a qualified pipeline of more than $10 billion across AI infrastructure and data center projects.This pipeline represents growth opportunities that only move into the official backlog once contracts are fully executed and scheduled.

GRRR: CEO and CFO Answer Investor Questions from Pipeline to NVIDIA to Astrikos.ai