Tuesday, January 10, 2023 10:43:09 AM
Duos Railcar Inspection Portal (RIP) Technology Performs Over Seven Million Railcar Scans in 2022
https://ir.duostechnologies.com/news-events/press-releases/detail/730/duos-railcar-inspection-portal-rip-technology-performs
Summary:
* Discusses the total number of scans performed by Duos RIPs.
* Technology has evaluated over 500,000 unique railcars or about 1/3 the total number of railcars in North America.
* Discusses the new Super RIPs for passenger trains with new wheel and brake technology.
* Company plans to put their own systems on the network via subscription to lower cost of access.
* Preliminary financials expected later this month.
My opinion:
* Interesting metrics with references to growing role of AI as announced back in November with the AI Catalog.
* Further reference to Company owned portals as announced back in October.
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