Nexera Technologies announced that its majority-owned subsidiary, Fort Technology Inc., has completed the acquisition of a 50.1% stake in Logia USA Inc., a company specializing in fuel integrity solutions for data centers and mission-critical facilities in the United States. The deal, part of Nexera's expansion into the homeland security sector, involved Fort issuing 132,603 new common shares valued at approximately US$125,000 to Logia USA's founder, who retains the remaining 49.9%. Fort also provided Logia USA with an unsecured US$2.0 million credit facility, bearing 6% annual interest, to support its U.S. market entry and growth. The global data center market is projected to grow from about US$300 billion in 2026 to roughly US$700 billion by 2034, driving demand for such solutions. The transaction includes an equity rebalancing mechanism that could reduce Fort's ownership upon achieving certain sales and profitability thresholds.
Nexera Technologies Ltd.Nexera's subsidiary completed acquisition of Logia USA, expanding into homeland security sector.
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