other_material
confidence high
sentiment positive
materiality 0.80
Duos Technologies signs $176M GPUaaS contract; $18M prepayment, 80%+ margins
DUOS TECHNOLOGIES GROUP, INC.
- $176M GPUaaS contract over 36 months; $18M customer prepayment at inception.
- Projected gross margins above 80%; expected annual EBITDA ~$40M.
- Fully funded via $65M public offering and hardware financing; no additional equity needed.
- Includes 4.3MW high-power EDC deployment with anchor tenant; site scaling toward full capacity.
- Doug Recker appointed CEO effective April 1, 2026, succeeding prior CEO.
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