$111M Hyperscaler Deal Doubles Columbus AI Campus Capacity
DUOT sits 55% above its 52-week low of $5.775.
Summary
Duos Edge AI signed a five-year, 10 MW colocation deal with an investment-grade hyperscaler, valued at $111 million in contracted revenue. This doubles the Columbus, Georgia campus to 20 MW by Q4 2026, with the initial 10 MW expected to start generating revenue in August. The agreement follows a $55 million capital raise and $98.1 million debt facility, funding the campus acquisition and infrastructure. Securing a hyperscaler customer validates the edge AI data center strategy and provides long-term recurring revenue. The deal significantly de-risks the 2026 revenue outlook and demonstrates execution on the GPU-as-a-Service pivot.
At the time of this announcement, DUOT was trading at $8.95 on NASDAQ in the Technology sector, with a market capitalization of approximately $262M. The 52-week trading range was $5.78 to $15.28. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.