In a recent interview with Tim Weintraut of Alpha Wolf Trading, Duos Technologies CEO Chuck Ferry and Duos Edge AI (a Duos Technologies subsidiary) President & Founder Doug Recker shared the exciting developments that have transformed Duos Technologies’ trajectory.
Ferry, now Chairman and CEO of the newly acquired APR Energy, shared the details on the recent multi-million dollar deal between Duos, Fortress Investment Group, and APR Energy for the management of APR Energy’s assets, which includes 30 mobile gas turbines totaling 850 megawatts of power. Per the asset management agreement discussed in the interview, Duos will now be able to leverage these turbines and harness APR Energy’s power generation capabilities in response to the rising demand for energy.
On the data center side of things, Recker shared the exciting progress that Duos Edge AI has made in providing and enhancing connectivity in underserved areas. The company’s first edge data center deployment in Amarillo, Texas, for the Region 16 Education Service Center, offers 15 cabinets in a 55-foot by 13-foot space and has a capacity of 200kW. The pod also offers the scalability to meet future compute needs driven by AI. This edge data center is projected to reduce costs for local institutions by over 30% and is poised to help and empower students, educational professionals, and businesses in the area through access to tier-one connectivity.
Duos Technologies and its subsidiaries have a busy year ahead as the company continues to expand. Coming up on March 18, a launch event is scheduled to showcase the edge data center at Region 16, with local leaders set to attend. In addition, Duos Edge AI is exploring other sites across Texas for future edge data center deployments, as well as considering expansion into other states such as Illinois and Virginia. The company is also in talks with Pampa, Texas to develop a data center campus in the area. On the power side, Duos, through APR Energy, will work to bring flexible and reliable energy to the critical sectors that require it amidst the current power crunch, which could potentially include serving local government and emergency services in addition to responding to international disasters.
Between Duos Technologies’ expertise and experienced leadership team, APR Energy’s assets, and Duos Edge AI’s innovative solutions, the company is poised for significant growth this year and beyond. Evolving from its roots in railroad inspection to today’s diverse portfolio of solutions, Duos Technologies has adapted to meet the ever-changing technological needs of the market. Together with its subsidiaries, the company is in a position to drive progress in both the energy sector and the digital infrastructure landscape through its commitment to meet the current demand for energy and bridge the digital divide.
