Article

Duos Technologies Group, Inc. has expanded its Edge Data Center (EDC) operations into Illinois and Texas through its subsidiary Duos Edge AI. The expansion includes multiple planned installations in the Greater Chicagoland Area and additional deployments in Texas.

The company aims to meet rising demand for carrier-neutral facilities with localized compute capabilities in high-growth markets. Duos reported a 112% increase in Q3 2025 revenue to $6.88 million, although this was below the forecast of $7.3 million.

The net loss was reduced by 26%. In November 2024, Duos secured a $42 million contract to deploy mobile gas turbines for Fortress Investment Group affiliates, prompting Ascendiant Capital to raise its stock price target from $11.50 to $14.00. Leah Brown has been appointed as the new CFO, succeeding Adrian Goldfarb.