FortifAI Secures Nol8 Tech with Strategic Acquisition and Leadership Boost
FortifAI Limited has completed its acquisition of FastAI Pty Ltd, gaining control of the innovative Nol8 technology and appointing seasoned executive Yosef Keret as director and Celerriem CEO.
- Acquisition of FastAI Pty Ltd finalized via shares and performance rights
- Nol8 technology license held through Celerriem Ltd, based in Israel
- Yosef Keret appointed director of FortifAI and CEO of Celerriem
- Performance-based incentives linked to Celerriem’s revenue milestones
- Celerriem to operate as FortifAI’s Israeli technology hub
FortifAI Expands Its AI Footprint
FortifAI Limited (ASX – FTI) has taken a significant step in broadening its technology portfolio with the completion of its acquisition of FastAI Pty Ltd. This move, announced initially in December 2025, brings under FortifAI’s umbrella the Nol8 technology; a next-generation binary search innovation licensed through Celerriem Ltd, an Israeli entity wholly owned by FastAI.
The acquisition was settled by issuing 155 million fully paid ordinary shares and 150 million performance rights to FastAI’s shareholders, reflecting FortifAI’s commitment to integrating this cutting-edge technology into its offerings. The deal was ratified by shareholders in late January 2026, underscoring investor confidence in the strategic direction.
Leadership Anchored by Proven Expertise
His appointment signals FortifAI’s intent to leverage seasoned leadership to drive the commercialisation of Nol8 technology. Keret’s remuneration package includes a base salary, director’s fees, and performance bonuses tied to Celerriem’s revenue milestones, aligning his incentives with the company’s growth ambitions.
Strategic Implications and Future Prospects
Operating through Celerriem, FortifAI’s activities in Israel will be managed by Keret alongside inventor and CTO Alon Rashelbach. This structure positions FortifAI to tap into Israel’s renowned tech ecosystem while advancing Nol8’s development and market adoption.
While the acquisition expands FortifAI’s intellectual property and technological capabilities, the financial impact will hinge on Celerriem’s ability to meet ambitious revenue targets set out in Keret’s incentive plan. The company’s next challenge will be to translate this promising technology into tangible commercial success.
Bottom Line?
FortifAI’s acquisition and leadership appointment set the stage for a pivotal growth phase, with market adoption of Nol8 technology the key to unlocking value.
Questions in the middle?
- How quickly can Celerriem scale revenue to meet performance milestones?
- What are FortifAI’s plans for integrating Nol8 technology into its broader product suite?
- How will the Israeli operations influence FortifAI’s global market strategy?
