DUOT - Mergers and acquisitions

Sale removes approximately $98.1 million of prospective equipment financing and frees capital for new AI colocation sites Columbus customer continues without interruption under a new five-year agreement JACKSONVILLE, Fla., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of adaptive, modular architecture data center colocation and infrastructure solutions, today announced that it has completed the sale of its GPU-as-a-Service entity, Duos Edge AI – GPUaaS, LLC (the "GPUaaS Entity"), to Axe Compute, Inc. ("Axe Compute") (NASDAQ:AGPU), a neocloud AI infrastructure company delivering dedicated, bare-metal GPU compute and lar

JACKSONVILLE, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- New APR Energy LLC ("New APR Energy"), a global leader in fast-track energy solutions, is deploying four mobile gas turbines providing 100MW+ of dedicated behind-the-meter power to a major U.S.-based AI hyperscaler. New APR Energy is expected to complete the installation in the next 10 days with the support of Duos Technologies Group, Inc. ("Duostech") (NASDAQ:DUOT). Securing power solutions from local utilities has become a challenge for data center expansion. New APR Energy's mobile gas turbine fleet offers a fast and flexible alternative that can accelerate a data center developer's project timeline and scalability. The gas turbi

JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas. The accelerated acquisition was enabled by using a financing partner, underscoring the Company's fast-to-market capabilities in delivering edge computing solutions for underserved areas. These additional EDCs will provide low-latency, high-speed internet access tailored for remote districts, directly

MIAMI, Sept. 12, 2023 (GLOBE NEWSWIRE) -- GelStat Corporation ("GelStat" or the "Company") (OTC:GSAC), a development stage company currently focused on the research, development, and marketing of engineered solutions for the industrial security and clean energy industries, today announced that its recently formed subsidiary, GSAC Engineering ("GSACe"), has concluded the purchase of certain key intellectual property assets from Duos Technologies Group, Inc. (NASDAQ:DUOT) ("Duos"). GSACe is focused on providing engineering solutions and support for certain critical infrastructure including information technology, security operations, and environmental systems. This deal involves the transfe