TL;DR

  • 55 MW secured: Five-year hosting agreements cover 55 MW of AI facility capacity.
  • $500M+ value: Agreements represent more than $500 million in base payments over five years.
  • AI capacity ahead: Initial project readiness is targeted for late 2026 and early 2027, subject to testing and acceptance.

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Duos Technologies Group (Nasdaq: DUOT) has announced that two of its project entities have executed five-year hosting service orders with Axe Compute Inc. (Nasdaq: AGPU), a neocloud AI infrastructure platform providing dedicated enterprise GPU compute capacity.

The agreements reserve an aggregate 55 MW of AI facility capacity across multiple U.S. data center sites and are valued at more than $500 million in aggregate contractual base payments over their initial five-year terms. Electricity and other usage-based charges are excluded from that value, and billing is subject to successful ready-for-service testing and Axe Compute’s written acceptance of each deployment.

“These executed agreements represent an important advancement of our AI infrastructure strategy and demonstrate our ability to translate development opportunities into long-term commercial relationships,” said Doug Recker, Chief Executive Officer of Duos. “Axe Compute brings a clear vision for deploying high-performance AI capacity at scale.”

The projects are being designed around the density, cooling, and availability requirements of next-generation GPU systems. Initial project readiness is targeted to begin in late 2026 and continue into early 2027, subject to construction, commissioning, performance testing, and Axe Compute’s written acceptance.

“It is a significant milestone in the growth of Axe Compute’s AI infrastructure platform,” said Chris Miglino, Chief Executive Officer of Axe Compute. “We look forward to working with Duos to bring this capacity online and support the growing compute requirements of our customers.”

The agreements include renewal options and rights supporting potential future expansion. Duos and Axe Compute have also signed non-binding term sheets that contemplate potential minority investments by Axe Compute in the special-purpose entities associated with the projects, while Duos is expected to retain majority ownership. Any such investment remains subject to definitive agreements, closing conditions, and approval by both companies.

To learn more about Duos Technologies Group, visit duostechnologies.com.