Meaningful Progress At Duos Technologies

  • A new CEO is like a fresh broom, cleaning up the organization and focusing on critical AI capabilities after the pandemic-induced slump in activity.
  • This looks like it’s ready to pay off, given the $19M in orders contracted already and a slow shift towards more recurring revenues.
  • The company looks set for multi-year expansion not only in the rip market but overseas opportunities and other solutions could very well join in.
  • But the company isn’t out of the woods, it faces headwinds from inflation and supply chain issues, it remains to be seen whether they can avoid another financing and the shares are not cheap.
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Meaningful Progress At Duos Technologies