Dot Ai Announces New Hardware Platform Orders, Expands Puerto Rico Manufacturing Operations
Company to add second shift at Barceloneta facility and implement additional expansion measures to meet growing demand
Dot Ai (NASDAQ:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company at the forefront of Asset Intelligence technology, today announced it has secured $1.27 million in new orders for its hardware platform. These initial orders demonstrate continued momentum in the company's growth trajectory and validates increasing market demand for Dot Ai's innovative Asset Intelligence solutions.
To fulfill this order influx and support sustained customer demand, Dot Ai will expand operations at its Barceloneta, Puerto Rico manufacturing facility by adding a second shift to increase production capacity. The company has also added additional capital equipment to support this order and future forecasted demand.
"These new orders represent another important milestone as we continue to execute on our business plan and scale manufacturing of our innovative technology, validating the long-term vision of transforming how organizations manage their assets through in-process, AI-enabled solutions," said Ed Nabrotzky, CEO of Dot Ai. "The continued momentum we're experiencing reinforces our belief that we're positioned at the forefront of a fundamental shift in asset intelligence and supply chain optimization. As we expand our Puerto Rico operations to meet this growing demand, we're building the foundation for sustained growth and delivering on our commitment to revolutionize Asset Intelligence across industries."
The Puerto Rico facility, which began production earlier this year, serves as Dot Ai's central manufacturing hub for its patent-pending Zero Infrastructure Mesh (ZiM) Bridge and industrial-grade smart asset tags. The facility is equipped with multiple production stations and has already created several full-time, highly skilled positions since becoming operational. This expansion marks the first step in Dot Ai's broader manufacturing strategy, with plans to scale production across additional geographies over time.
The new orders service multiple industry sectors where Dot Ai's solutions are gaining traction, including logistics and manufacturing. The diverse order base reflects the broad applicability of Dot Ai's Asset Intelligence platform across various industries.
Dot Ai's proprietary hardware and software solutions provide in-process asset visibility and predictive intelligence that integrate seamlessly with existing infrastructure, enabling organizations to increase revenue, improve customer experience, enhance security, and reduce operational risk.
The expansion of the Puerto Rico facility aligns with the company's commitment to advancing high-tech manufacturing and fostering economic growth in Puerto Rico. The project leverages the island's skilled workforce, strategic location, and favorable business environment to enhance Dot Ai's ability to serve U.S. and global markets.
About Dot Ai
At the heart of the technological revolution in asset management and security lies Dot Ai, a trailblazing SaaS service that is defining Asset Intelligence for smart supply chain operations. By harnessing the power of in-process IoT tracking technology and AI-enhanced analytics, Dot Ai stands at the forefront of innovation, offering patented solutions that are not just advanced but transformative. Through relentless research and development, Dot Ai has engineered a suite of technologies that empower organizations to not only streamline their logistics and supply chain processes but also bolster operational security to unprecedented levels. Leveraging state-of-the-art AI engines, cutting-edge 5G RF and BLE technology, and seamless API integrations, Dot Ai transcends traditional boundaries, offering real-time asset visibility and predictive analytics that integrate effortlessly with existing infrastructure. This is not just technology; it's a vision for a more secure, efficient, and connected world. Discover more about how Dot Ai is leading the charge in Asset Intelligence by visiting https://daic.ai.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the anticipated benefits of partnerships, potential market opportunities, future deployments, and strategic expansion plans. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause such differences include, but are not limited to, the ability of the parties to successfully implement the solutions, partnership, customer adoption rates, market conditions, and other risks described in Dot Ai's filings with the U.S. Securities and Exchange Commission. Dot Ai undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this release, except as required by law. Forward-looking statements are based on various assumptions, whether or not identified in this press release, and are subject to risks and uncertainties. These forward-looking statements are not intended to serve as a guarantee of future performance. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Dot Ai assumes no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
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