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Nexera said subsidiary Fort closed the purchase of 50.1% of Logia USA, which holds an exclusive U.S. license to commercialize Logia Israel’s automated fuel-integrity systems, and provided Logia USA with a credit facility of up to $2.0M.Material DetailsContext by AI AnalystThis is an early-stage str…
Fort Technology bought 50.1% of Logia USA to target the U.S. data center backup-power market, paying 132,603 newly issued Fort common shares valued at about $125,000; Logia USA founder Yair Harel retained 49.9%. Fort also secured a five-year exclusive, sublicensable U.S. license for Logia Israel’s automated fuel-integr