AI

Duos Edge AI Acquires Additional Edge Data Centers

Three additional EDCs to be deployed for Texas Economic Development

Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a provider of adaptive, versatile, and streamlined Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas. The accelerated acquisition was enabled by using a financing partner, underscoring the Company’s fast-to-market capabilities in delivering edge computing solutions for underserved areas. These additional EDCs will provide low-latency, high-speed internet access tailored for remote districts, directly addressing connectivity challenges faced by schools and public institutions in Texas. The acquisition of these additional units aligns with Duos Edge AI’s commitment to supporting regional development by enabling seamless access to modern digital resources.

The three new EDCs, built by strategic partner Accu-Tech, are complete and ready for deployment. Duos Edge AI intends to deploy these for identified opportunities and expects the acquisition to accelerate plans for having up to 15 units deployed and generating revenue by the end of 2025.

“Bringing these EDCs online ahead of schedule is a milestone for Duos Edge AI and demonstrates our dedication to equipping remote communities with the infrastructure they need to thrive,” said Doug Recker, President of Duos Edge AI. “I would like to thank our financing partner and the Duos finance team for quickly negotiating this agreement and allowing the business to meet the demand for these solutions.”

The rapid EDC deployment model showcases Duos Edge AI’s capacity to efficiently scale edge computing solutions across diverse sectors, providing robust, adaptable infrastructure that meets the evolving needs of rural and underserved markets. These three EDCs are expected to go live by end of Q1 2025, marking a significant step forward in the Texas digital transformation.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

Related posts

Etiometry Expands AI Software Platform Portfolio

Business Wire

Gestalt announces PathFlow’s AI Algorithm Evaluator

PR Newswire

VeriSIM Life Secures $15 Million Series A Funding

Business Wire