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JACKSONVILLE - Duos Technologies Group, Inc. (NASDAQ:DUOT), whose stock has surged over 200% in the past year to reach $7.78, announced Tuesday the deployment of an Edge Data Center (EDC) at Dumas Independent School District in Texas, marking its fifth installation toward a goal of 15 deployments by year-end 2025. According to InvestingPro data, analysts expect significant revenue growth for the $158 million market cap company in the current fiscal year.
The on-premise data center will serve as a localized hub for real-time data processing to support K-12 education in the rural Texas Panhandle community, providing low-latency computing capabilities for educational tools and improved connectivity. While the company’s expansion continues, InvestingPro analysis indicates the company faces some financial challenges, with an EBITDA of -$7.57 million in the last twelve months.
"This collaboration brings direct, on-premise access to a cutting-edge data center—an extraordinary opportunity for a rural community like Dumas," said Raymond Brady, Director of Information Technology at Dumas ISD. "It will significantly strengthen the district’s technology capabilities."
The Dumas installation is part of Duos Edge AI’s broader strategy to establish modular edge data centers nationwide, with focus on underserved markets. The company aims to position its edge data centers within 12 miles of end users, significantly closer than traditional data centers.
Doug Recker, newly appointed President of Duos Technologies Group and founder of subsidiary Duos Edge AI, said the partnership demonstrates "how edge technology can create lasting impact in rural communities."
The company’s edge data centers can provide 100 kW+ per cabinet with rapid 90-day deployment timeframes, according to the press release statement.
Duos Technologies Group operates through three subsidiaries: Duos Technologies, Duos Edge AI, and Duos Energy Corporation, focusing on machine vision, artificial intelligence applications, edge data centers, and power consulting.
In other recent news, Duos Technologies Group Inc. reported a significant increase in revenue for the second quarter of 2025, showing a 280% year-over-year rise to $5.74 million, surpassing the expected $5.09 million. Despite this revenue surge, the company reported a net loss of $3.52 million, with earnings per share at -$0.30, which was better than the anticipated -$0.21. Additionally, Duos Technologies announced the appointment of Doug Recker as president, who will report to CEO Chuck Ferry. Recker brings over 30 years of experience in telecommunications and data centers and will continue to oversee the company’s Edge Data Center operations. In another development, the U.S. Patent and Trademark Office granted Duos Technologies a patent for its "Entryway for a Modular Data Center" design. This patent features a two-door access system with advanced filtration capabilities, aimed at reducing dust, dirt, and moisture intrusion in Edge Data Centers. These recent developments highlight ongoing strategic and operational advancements at Duos Technologies.
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