Duos Technologies Group, Inc. Signs ~$200M LOI and Appoints Doug Recker as CEO
Duos Technologies Group, Inc. (DUOT)
NASDAQ:AMEX Investor Relations:
ir.duostechnologies.com
Company Research
Source: GlobeNewswire
3-Year NVIDIA GPU hosting LOI delivers $40M+ annual EBITDA 10MW site secured to accelerate expansion of distributed AI infrastructure in 2026 JACKSONVILLE, Fla., Feb. 27, 2026 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) has signed a non-binding letter of intent (“LOI”) with Hydra Host to deploy a high-density NVIDIA GPU cluster for a leading global technology customer. The project supports an underlying GPU-as-a-Service (“GPUaas”) partnership that is expected to generate approximately $176 million in revenue over a 36-month term. The deployment is modeled to support gross margins more than 80% and projected annual EBITDA exceeding $40 million. In addition to the GPUaaS deployment, the collaboration establishes a pathway for incremental colocation revenue, which we expect to total approximately $25 million over the 36-month term. This LOI serves as a validation of Duos’ recently launched High-Power Edge Data Center (“EDC”) business li
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News
- Duos Technologies Group, Inc. Announces Closing of $65 Million Public Offering of Common Stock [Yahoo! Finance]Yahoo! Finance
- Duos Technologies Group, Inc. Announces Closing of $65 Million Public Offering of Common StockGlobeNewswire
- Duos Technologies Group, Inc. Signs ~$200M LOI and Appoints Doug Recker as CEO [Yahoo! Finance]Yahoo! Finance
- Duos Technologies drops 12%, prices $65M stock offering [Seeking Alpha]Seeking Alpha
- Duos Technologies Group, Inc. Announces Pricing of $65 Million Public Offering of Common Stock [Yahoo! Finance]Yahoo! Finance
DUOT
Earnings
- 11/12/25 - Beat
DUOT
Sec Filings
- 3/2/26 - Form 8-K
- 3/2/26 - Form 424B5
- 2/27/26 - Form 8-K
- DUOT's page on the SEC website