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Duos Technologies Group, Inc. Secures $2.2 million Funding for Production of Edge Data Centers

Jul 24, 2024•almost 2 years ago

Contract Type

partnership

JacksonvilleManufacturingInformation TechnologyProfessional ServicesScience And EngineeringGovernment And MilitaryPrivacy And Security

Description

Duos Technologies Group, Inc. through its operating subsidiary Duos Edge AI, Inc. secured $2.2 million in funding for the production of its first three Edge Data Centers (EDCs). The funding will be used for the construction, deployment, and initial operations of EDCs in remote districts, including for schools, government, and health facilities.

Company Information

Company

Duos Technologies Group

Location

7660 CENTURION PARKWAY

Jacksonville, Florida, United States

About

Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiary, Duos Technologies, Inc., designs, develops, deploys and operates intelligent vision based technology solutions supporting rail, logistics, intermodal and government customers that streamline operations, improve safety and reduce costs. The Company provides cutting edge solutions that automate the mechanical and security inspection of fast-moving trains, trucks and automobiles through a broad range of proprietary hardware, software, information technology and artificial intelligence.

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