Duos Technologies Group Inc (DUOT)

[Adrian1]

Class 1 Railroad has implemented substantially all available AI models from Duos.
Details
• A class 1 railroad operating in Mexico has implemented AI models developed by Duos and is using them operationally.
• Three class 1s met with Duos recently to review the AI R&D program
• Duos expecting a greater percentage of revenues than in previous years to come from recurring revenue sources such as AI deployments and support
My Opinion – This is a continuation of Duos’ strategy to provide automated tools to the railroads to assist their inspection teams with finding and identifying defects which are then alerted to the inspectors via Duos’ Centraco system. For those not familiar with the Centraco system, this is the platform where all of the images and data are presented. The AI tools flag cars with issues so that an inspector can drill down and look at close up images with very high resolution detail. The images are even more remarkable given that the train is moving at speeds up to 70 MPH.