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JACKSONVILLE, Fla. - Duos Technologies Group, Inc. (NASDAQ:DUOT), a technology company with a market capitalization of $86.89 million that has seen its stock surge 235% over the past year, through its subsidiary Duos Edge AI, Inc., has announced a strategic partnership with Region 3 Education Service Center to establish an Edge Data Center (EDC) in Victoria, Texas. This initiative is aimed at enhancing digital access and connectivity for educational facilities across South Texas. According to InvestingPro data, analysts anticipate significant sales growth for the company in the current year.
The new EDC is designed to be a secure, scalable local computing hub that will support 37 school districts within the Region 3 area. It boasts a modular architecture, compliance with SOC 2 Type II, N+1 power redundancy, and dual generators to ensure low-latency access to essential services such as AI-based learning platforms, telemedicine, and electronic health record systems. While the company operates with a moderate level of debt, InvestingPro analysis indicates the company’s current valuation exceeds its Fair Value, with 10+ additional ProTips available for subscribers.
Dr. Morris Lyon, Executive Director of Region 3 ESC, emphasized the partnership’s alignment with their mission to bolster education across the districts they serve. Doug Recker, President and Founder of Duos Edge AI, highlighted the project’s role in strengthening the company’s presence in the education sector and its commitment to addressing digital infrastructure gaps in underserved regions.
The Victoria EDC is part of Duos Edge AI’s broader 2025 roadmap, which includes plans for 15 contracted EDCs by the end of the year. With nine sites already identified and negotiations ongoing, the company is progressing towards its goal of providing scalable edge solutions in Texas and beyond. With revenue growth forecast at 287% for FY2025, investors can access detailed financial analysis and growth projections through InvestingPro’s comprehensive research reports, available for over 1,400 US stocks.
Duos Edge AI specializes in deploying high-powered edge computing solutions to minimize latency and optimize performance, particularly in education, healthcare, and rural industries. Their approach positions edge data centers within close proximity to end users, facilitating real-time data processing for applications requiring immediate response.
The partnership with Region 3 ESC is expected to not only accelerate digital equity and expand Duos Edge AI’s market presence but also bring new job opportunities to the Victoria area. The collaboration aims to invest in the region’s economic and technological development while contributing to sustainable long-term revenue for Duos Technologies Group, Inc.
Information for this article is based on a press release statement from Duos Technologies Group, Inc.
In other recent news, Duos Technologies Group reported a substantial increase in revenue for Q1 2025, achieving a 363% year-over-year growth to reach $4.95 million, surpassing the forecasted $4.15 million. This robust performance was primarily attributed to recurring services and consulting, particularly from an Asset Management Agreement with New APR. The company’s gross margin also saw a significant improvement, rising 1,288% year-over-year, reflecting enhanced profitability. Duos Technologies managed to reduce its net loss from $2.75 million to $2.08 million, indicating a positive financial trajectory. The company expects consolidated revenue between $28 million and $30 million for the year, with potential profitability anticipated in the latter half. Analyst firms Northland Capital Markets and Ascendiant Capital Markets noted the company’s strong start to the year, with no significant impact from tariff discussions. Duos Technologies is actively working on deploying 50-200 edge data centers by 2027, reinforcing its strategic focus on expanding its infrastructure.
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