NEXR

Nexera Technologies: Subsidiary Fort Technology Aims for Strategic Collaboration with Logia USA to Fuel the Future of Data Centers

Nexera expands data-center fuel integrity via Logia USA collaboration

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    <h3>Information</h3>
    <p>&lt;link type=&quot;text/css&quot; rel=&quot;stylesheet&quot; href=&quot;https://www.globenewswire.com/styles/gnw_nitf.css&quot;&gt;&lt;/li...</p>
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    <h3>AI Summary</h3>
    <p>Fort Technology&#039;s LOI to acquire a majority stake in Logia USA signals Nexera&#039;s push into critical data-center uptime solutions. The deal envisions debt facilities and milestone-driven equity to up to 85/15 ownership over three years, subject to definitive agreements and TSX-V approvals. If realized, it could broaden Fort/Nexera&#039;s HLS portfolio and US market reach.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Fort would acquire 50.1% of Logia USA; milestones may rebalance ownership.</li><li>Fort provides up to USD 2 million debt; possible additional USD 5 million.</li><li>Data centers market seen at $300B in 2026; fuel integrity is critical.</li><li>LOI is non-binding; definitive terms and TSX approvals required.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Nexera Technologies Ltd (NEXR)</strong>: Parent company; LOI could expand Fort/Logia USA collaboration and HLS/e-commerce footprint.</li><li><strong>Fort Technology Inc. (FRTT)</strong>: Majority-stake target in Logia USA; debt facility and milestone-based equity; US expansion.</li><li><strong>Logia USA Inc. (LOGIAUSA)</strong>: Private target; strategic investment and collaboration to scale fuel maintenance automation.</li><li><strong>Logia Israel Ltd. (LOGIAIS)</strong>: Tech origin for fuel integrity systems; potential deployment alongside US expansion.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The LOI describes a strategic investment/M&amp;A-like move with milestone-based equity implications; materiality depends on definitive terms and approvals, but could meaningfully alter Nexera&#039;s growth vector and Fort&#039;s energy/tech portfolio.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Deal is non-binding; final terms and TSX approval required.</li><li>Data-center uptime demand supports strategic value of fuel integrity tech.</li><li>Milestone-driven ownership could shift control over three years.</li><li>US expansion via Logia USA could broaden Nexera&#039;s addressable market.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Fort to acquire 50.1% of Logia USA; potential rebalance to 85/15.</li><li>Credit facility up to USD 2 million; potential USD 5 million more.</li><li>Performance-based equity compensation for Mr. Harel tied to Logia USA.</li><li>Logia Israel&#039;s fuel integrity tech ensures fuel meets ASTM D975.</li><li>Global data-center market to grow from $300B in 2026 to $700B by 2034.</li><li>Approval required by TSX Venture Exchange and definitive agreements.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Nexera may rally if definitive agreements are signed, expanding data-center uptime capabilities in 2026–2027.</p>
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  <h2>Nexera Technologies: Fort Technology Aims for Strategic Collaboration with Logia USA to Fuel the Future of Data Centers</h2>

  <p>The news today centers on Nexera Technologies Ltd, through its majority-owned Fort Technology Inc., entering into a non-binding letter of intent (LOI) with Logia USA Inc. to pursue a strategic investment and collaboration focused on delivering critical power infrastructure with advanced fuel maintenance solutions for data centers. <em>Proposed Investment and collaboration, as contemplated by a letter of intent, aims to evaluate the feasibility of providing critical power infrastructure with advanced fuel maintenance solutions to an estimated $300 billion market of data centers in 2026</em>.</p>

  <section aria-label="LOI details">
    <p>Tel Aviv, Israel, June 25, 2026 (GLOBE NEWSWIRE) — Nexera Technologies Ltd ("Nexera" or the "Company") (NASDAQ:NEXR, NEXRW), a data-driven company operating on the Amazon Marketplace expanding into the global homeland security sector through advanced artificial intelligence ("AI")-driven solutions, today announced that its majority-owned subsidiary, Fort Technology Inc. (TSXV:FORT) (NASDAQ:FRTT) ("Fort"), has entered into a non-binding letter of intent (the "LOI") for a proposed strategic investment and collaboration with Logia USA Inc. ("Logia USA"), a private company wholly owned by Mr. Yair Harel, the founder of Logia Israel Ltd. ("Logia Israel"), a pioneer in fuel maintenance automation and integrity systems for standby power generation. According to Logia USA, these systems are currently sold and deployed with leading companies in Israel.</p>

    <p>The purpose of the LOI is to confirm the parties’ mutual interest in pursuing the proposed strategic collaboration and investment to leverage the extensive experience, know-how and proven technology developed by Mr. Harel through Logia Israel.</p>
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  <section id="terms">
    <h3>Key Terms of the LOI</h3>
    <ul>
      <li>Fort would acquire <strong>50.1%</strong> of Logia USA (subject to an equity rebalancing mechanism as described below) and extend a credit facility of up to <strong>USD$2 million</strong> (with potential for an additional <strong>USD$5 million</strong> at the sole discretion of Fort) to accelerate U.S. growth, product development, and market expansion.</li>
      <li>The proposed structure includes performance-based equity compensation of common shares of Fort to Mr. Harel, based on the performance of Logia USA.</li>
      <li>The LOI provides for potential equity rebalancing based on certain milestone achievements, which may result, if the applicable milestones are achieved and definitive agreements are entered into, in Mr. Harel and Fort holding up to <strong>85%</strong> and <strong>15%</strong>, respectively, of Logia USA upon full achievement of the targets within <strong>three years</strong> from the date of definitive agreements.</li>
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  <section id="market-context">
    <h3>Market Context: Fuel Integrity and Data Center Uptime</h3>
    <p>As a publicly traded company on NASDAQ under the symbol <strong>NEXR</strong> (and NEXRW), Nexera's corporate actions are closely followed by investors. For data centers, this is not a maintenance issue, it is an uptime risk. Every generator that fails to start creates a gap in the multi-million-dollar resilience architecture built to support the digital economy and the AI revolution. With the global data center market projected to grow from <strong>$300 billion</strong> in 2026 to approximately <strong>$700 billion</strong> by 2034, fuel integrity is becoming increasingly mission-critical.</p>

    <p>Logia Israel’s automated fuel integrity systems deliver continuous, real-time monitoring and filtration that ensure fuel meets ASTM D975 standards (the internationally recognized standard specification for diesel fuel oils used in automotive, industrial, and standby power applications), preserving fuel quality for years while minimizing maintenance costs and helping support reliable generator performance when power fails.</p>

    <p>Since 2006, the shift to ultra-low sulfur fuels has fundamentally changed the risk profile of standby power. Fuel degrades faster, absorbs water more readily, and creates conditions for bacterial growth, all while sitting undetected in the tank. The result: contaminated fuel, not hardware failure, is the most common reason for emergency engine failures.</p>
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  <section id="expansion">
    <p>Upon entry into one or more definitive agreements, if any, for the transactions contemplated by the LOI, the parties intend to expand these capabilities into the United States and additional markets, with a primary focus on the data center sector, where reliable backup power infrastructure is mission-critical. The proposed transaction remains subject to further evaluation, negotiations, the completion of final due diligence, the entry into one or more definitive agreements, the approval of the TSX Venture Exchange, and the satisfaction of customary closing conditions. There can be no assurance that the transactions contemplated by the LOI will result in the entry into any definitive agreement or the consummation of any commercial arrangement between the parties, or that the contemplated transaction will be approved by the TSX Venture Exchange.</p>
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  <section id="about-fort">
    <h3>About Fort Technology</h3>
    <p>Fort Technology Inc. operates a business as an established manufacturer and seller specializing in a range of amateur and professional products for the pest control and remedial repair industries. Fort Technology Inc.’s material subsidiary, Fort Products Limited, has operated in the pest control industry since its incorporation in 2005 and has accumulated nearly 20 years of technical experience.</p>
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  <section id="about-nexera">
    <h3>About Nexera Technologies Ltd</h3>
    <p>Nexera Technologies Ltd operates, through its subsidiaries, in the fields of advanced technologies for the global homeland security, or HLS, sector and e-commerce. Its operations are conducted through three principal lines of business: KeepZone AI Inc., or KeepZone, a wholly-owned subsidiary dedicated to distributing and promoting AI-powered homeland security technologies, including 3D imaging and electromagnetic threat detection, perimeter intrusion detection, counter-unmanned aircraft systems, and multi-layered security solutions for critical infrastructure and global markets. Fort Products Limited, a legacy consumer products operation focused on pest control and remedial products, which was sold to Fort Technology Inc., or Fort Technology, in July 2025 in exchange for a controlling equity interest, with the Company having since reduced its stake in Fort while retaining control and strategic involvement in related e-commerce activities; and its ongoing legacy e-commerce activities, consisting of data-driven online retail operations (primarily on the Amazon Marketplace) conducted through the Company’s other wholly-owned subsidiaries, including Smart Repair Pro and Top Rank Ltd. </p>
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  <section id="more-info">
    <p>For more information on Nexera Technologies, visit: <a href="https://nexera-tech.io/">https://nexera-tech.io/</a></p>
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  <section id="disclaimer-section">
    <h3><strong>Forward-Looking Statements Disclaimer</strong></h3>
    <p>This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created...</p>
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Fort Technology's LOI to acquire a majority stake in Logia USA signals Nexera's push into critical data-center uptime solutions. The deal envisions debt facilities and milestone-driven equity to up to 85/15 ownership over three years, subject to definitive agreements and TSX-V approvals. If realized, it could broaden Fort/Nexera's HLS portfolio and US market reach.

Nexera Technologies: Subsidiary Fort Technology Aims for Strategic Collaboration with Logia USA to Fuel the Future of Data Centers

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Market-Moving

Key Facts

Companies Mentioned

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