Duos Tech appoints Doug Recker as CEO; signs non-binding LOI for $176M GPU-as-a-Service deal with Hydra Host

DUOS TECHNOLOGIES GROUP, INC.

Douglas Recker appointed CEO, effective Apr 1, 2026; Charles Ferry resigns as CEO, remains as director.
Non-binding LOI with Hydra Host for 2304 GPU B800 cluster (scalable to 4608) GPU-as-a-Service contract.
Expected $176M revenue over 36 months, >80% gross margins, >$40M EBITDA, plus $25M colocation revenue.
Deployment subject to financing and other conditions; no assurance deal will close.
Duos Edge AI presentation targets 60MW capacity expansion and $80-100M ARR by 2027-2028.

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