other material
confidence high
sentiment positive
materiality 0.55
Duos Technologies leases three Edge Data Centers for Texas deployment; targets 15 units by end-2025
DUOS TECHNOLOGIES GROUP, INC.
- Master Lease for three Edge Data Centers with monthly payments: $3,900 (months 1-6), then $43,981 (months 7-66), purchase option for $1.
- Units built by Accu-Tech and financed; expected to go live by Q1 2025.
- Target of up to 15 units deployed and generating revenue by end of 2025.
- Subsidiary Duos Edge AI will serve rural schools and public institutions in Texas.