Duos Technologies Group, Inc. reported financial results for the fourth quarter and full year ended Dec. 31, 2019. In doing so it noted that its total revenue increased 125% to $5.75 million, compared to $2.56 million in the same quarterly period, and its gross profit increased 176% to $3.15 million (55% of total revenue) compared to $1.14 million (45% of total revenue) in the same quarterly period last year.
CSX’s first Train Inspection Portal (TIP), southeast of Waycross, Ga., aims to usher in a new era of railroad safety technology.
Duos Technologies Group, Inc.—through its operating subsidiaries Duos Technologies, Inc. and truevue360™—has again been awarded an expanded contract with a Class I freight railroad, this time for an estimated initial value of approximately $1 million in recurring revenue to be recognized over the five-year life of the contract.
Jacksonville, Fla.-based Duos Technologies Group Inc. has launched a new operating subsidiary, truevue360™ (tv360) through subsidiary Duos Technologies, Inc., a provider of intelligent security and analytical technology. Tv360 will focus on developing, implementing and marketing artificial intelligence (AI) and “deep learning solutions” for a broad range of industries, among them rail.
Duos Technologies Group, the provider of intelligent security and analytical technology solutions, has pocketed a second contract from a North American Class I customer.
Duos Technologies Group, Inc., a provider of intelligent security analytical technology solutions, has opened its new engineering and operations center.
Duos Technologies Group, Inc. (OTCQB: DUOT), has been awarded several contracts at an aggregate value of $230,000 to provide a Needs Assessment and GAP Analysis of Integrated Public Alert and Warning System Common Alerting Protocol (IPAWS CAP) capabilities at five Amtrak facilities throughout the U.S. that are representative of stations across the entire Amtrak system.
How machine vision is revolutionizing automated vehicle health monitoring.
A U.S. Class I railroad has awarded Duos Technologies Group, Inc. a contract for a Vehicle Undercarriage Examiner (vue™) imaging system. The name of the railroad was not disclosed.
Jacksonville, Fla.-based Duos Technologies Group, Inc., a provider of intelligent security and analytical technology solutions, has been awarded a new contract from a major railroad operator for a complete train imaging system, the company announced Dec. 1, 2015.