DUOS TECHNOLOGIES GROUP, INC. 8K
0001553350-26-000118
View on SEC EDGARDuos Technologies Group, Inc. entered into five-year, 55 MW AI hosting agreements valued at over $500 million with Axe Compute Inc., alongside nonbinding term sheets for potential minority project-level investments by Axe Compute.
Duos Technologies Group, Inc. announced that two of its project entities have executed five-year hosting service agreements with Axe Compute Inc. covering an aggregate of 55 MW of AI data center capacity across multiple U.S. sites, with base contractual value of over $500 million over the initial terms (excluding power and usage-based charges) and targeted initial readiness beginning in late 2026 and continuing into early 2027, subject to construction, commissioning, testing, and Axe Compute’s acceptance. The agreements include renewal options and rights for potential future expansion, and the parties have also signed nonbinding term sheets for potential minority equity investments by Axe Compute in the special-purpose project entities, with Duos expected to retain majority ownership, though any such investments remain contingent on definitive agreements and approvals. This transaction marks a significant commercial milestone in Duos’ strategy to develop and operate high-density AI infrastructure and in Axe Compute’s effort to scale its AI infrastructure platform.
Filing Facts
- CIK
- 1396536
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001553350-26-000118
- Alert Tier
- 7