ISP Global Capital today disclosed that it has acquired 144,000 shares of Fort Technology Inc. (NASDAQ:FRTT), citing the company’s recent strategic pivot into data center energy infrastructure as a key factor in its investment thesis.

Company officials pointed to recent reports highlighting approximately $741 billion in projected data center spending by the world’s five largest hyperscale technology companies as evidence of sustained long-term growth across the sector and increasing demand for energy security solutions supporting artificial intelligence infrastructure.

Following a review of Fort Technology’s (NASDAQ:FRTT) operating history, management team and ownership structure, ISP Global Capital stated that the company’s relationships with Nexera Technologies and Logia USA may provide exposure to multiple segments of the expanding AI and data center ecosystem.

ISP Global Capital officials indicated that successful execution of the company’s strategy will ultimately determine whether Fort Technology Inc. can outperform current market expectations.

Based on its internal analysis and assumptions regarding execution, market expansion and strategic partnerships, ISP Global Capital currently maintains an internal price objective of $8 to $10 per share for Fort Technology Inc.