February 7, 2024

Duos Granted AI Patent

Jacksonville, FL / Globe Newswire / February 07, 2024 - Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains and trucks, today announces the award of a groundbreaking patent, "Use of Artificial Intelligence to Detect Defects in Trains and Method to Use". This innovative AI patent reinforces Duos’ strong commitment to improving rail safety through technology. Utilizing the Duos proprietary AI process significantly enhances the effectiveness of mechanical railcar inspections to aid in derailment prevention, further improving safety, and streamlining operations.
January 23, 2024

Duos RIP® Scans Over Eight and a Half Million Railcars in ‘23

Jacksonville, FL / Globe Newswire / January 23, 2024 - Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger, transit trains and trucks, reported that in 2023 the Company’s Railcar Inspection Portal (“rip®” or “RIP”) technology performed more than eight and a half million comprehensive railcar scans, on over 665,000 unique railcars. This metric encompasses all railcars scanned at locations across the U.S., Canada, and Mexico, representing approximately 40% of the total freight car population in North America.
January 17, 2024

Duos Secures $2.4 Million AI Subscription and Services Agreement

Jacksonville, FL / Globe Newswire / January 17, 2024 - Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger, transit trains and trucks, announced a strategic move aimed at revolutionizing rail safety.