Dot Ai Announces New Hardware Platform Orders, Expands Puerto Rico Manufacturing Operations
CID HoldCo, Inc. (DAIC)
Company Research
Source: Business Wire
Company to add second shift at Barceloneta facility and implement additional expansion measures to meet growing demand LAS VEGAS--(BUSINESS WIRE)--Dot Ai (Nasdaq: DAIC) (“Dot Ai” or the “Company”), an IoT and AI-based SaaS company at the forefront of Asset Intelligence technology, today announced it has secured $1.27 million in new orders for its hardware platform. These initial orders demonstrate continued momentum in the company's growth trajectory and validates increasing market demand for Dot Ai's innovative Asset Intelligence solutions.To fulfill this order influx and support sustained customer demand, Dot Ai will expand operations at its Barceloneta, Puerto Rico manufacturing facility by adding a second shift to increase production capacity. The company has also added additional capital equipment to support this order and future forecasted demand."These new orders represent another important milestone as we continue to execute on our business plan and scale manufacturing of o
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