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Nexera unit Fort Technology buys 50.1% stake in Logia USA

PUBT·09/30/2026 10:55:36
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Nexera unit Fort Technology buys 50.1% stake in Logia USA
  • Fort Technology, majority-owned by Nexera Technologies, bought 50.1% of Logia USA to target the U.S. data center backup-power market.
  • Consideration was 132,603 newly issued Fort common shares valued at about USD 125,000; Logia USA founder Yair Harel retained 49.9%.
  • Logia USA secured an exclusive, sublicensable U.S. license for Logia Israel’s automated fuel-integrity systems; initial term five years.
  • Logia USA must pay Logia Israel a USD 125,000 license fee; it also has liabilities of up to USD 390,000 to Logia Israel.
  • Fort also set a milestone-based credit facility of up to USD 2 million at 6% interest, maturing Aug. 26, 2029.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexera Technologies Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609300655PRIMZONEFULLFEED9836853) on September 30, 2026, and is solely responsible for the information contained therein.