Duos Technologies Group, Inc. 8-K Filing

Duos Technologies Group, Inc., through its subsidiary Duos Edge AI, Inc., has executed a definitive contract with Hydra Host for a GPU-as-a-Service deployment. This contract is expected to generate approximately $176 million in revenue over 36 months, with an initial $18 million pre-payment. The agreement includes projected gross margins exceeding 80% and an expected annual EBITDA of approximately $40 million. The partnership is funded by a recent $65 million public offering and existing financing arrangements, allowing for immediate deployment. The contract also involves an additional 4.3MW high-density Edge Data Center deployment, which is expected to provide significant colocation revenue as the site scales. This marks a significant step for Duos' High-Power EDC business line, designed to serve AI companies and high-performance compute tenants.