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Home Artificial Intelligence

Duos Technologies Group Completes Sale of Duos Technologies, Inc. to Sandbank Acosta, LLC

August 7, 2026
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 10 mins read
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JACKSONVILLE, Fla., Aug. 06, 2026 (GLOBE NEWSWIRE) — Duos Tech ologies G oup, I c. (“Duos” o the “Compa y”) (Nasdaq: DUOT), a leadi g p ovide of adaptive, modula , a d scalable Edge Data Ce te solutio s, today a ou ced that it has completed the sale of its wholly ow ed ail tech ology subsidia y, Duos Tech ologies, I c. (“DTI”), to Sa dba k Acosta, LLC, a Flo ida limited liability compa y. Effective with the closi g, DTI ope ates as a i depe de t, p ivately held compa y u de the DuosTI b a d, led by ewly appoi ted P eside t Javie Acosta.

The t a sactio , which closed o August 5th, 2026 with effect as of Ju e 30th, 2026, etu s Duos’ o igi al ope ati g busi ess to p ivate ow e ship as a focused ail oad tech ology e te p ise. DTI is a pio ee i machi e visio a d a tificial i tellige ce-based i spectio of movi g t ai s a d ope ates the la gest i stalled base of Railca I spectio Po tals (RIP®) i No th Ame ica, se vi g majo ca ie s ac oss the U ited States, Ca ada a d Mexico. The Compa y believes DTI holds a exte sive pate t po tfolio cove i g wayside sca i g a d AI defect detectio a d mai tai s the la gest image database of ailca compo e ts i the wo ld.

“DTI built the tech ology that put Duos o the map, a d its Railca I spectio Po tals emai the sta da d fo AI-d ive t ai i spectio i No th Ame ica,” said Doug Recke , Chief Executive Office of the Compa y. “This t a sactio completes the st ategic epositio i g we a ou ced ea lie this yea , placi g the ail busi ess with ow e s who a e si gula ly focused o its g owth while allowi g Duos to dedicate its full capital a d ma ageme t atte tio to scali g ou Edge Data Ce te a d AI i f ast uctu e platfo ms. We wish Javie a d the DuosTI team eve y success a d look fo wa d to suppo ti g a smooth t a sitio .”

“I had the p ivilege of leadi g the comme cializatio a d field deployme t of the Railca I spectio Po tal ac oss the U ited States, Ca ada a d Mexico, a d I am ho o ed to etu to lead this exceptio al team i to its ext chapte ,” said Javie Acosta, P eside t of DTI. “As DuosTI, we etu to ou oots as a focused ail oad tech ology compa y. With the la gest i stalled base of i spectio po tals i No th Ame ica, a deep pate t po tfolio a d a u matched image database, we a e well positio ed to expa d the each of ou i spectio se vices fo ou ail oad custome s a d the b oade i dust y.”

I co ectio with the closi g, Ad ia Goldfa b, the Compa y’s i te im Chief Fi a cial Office , has stepped dow as P eside t of DTI, a ole he had held si ce Ma ch 2026 to ove see the busi ess a d the divestitu e p ocess, with M . Acosta assumi g the office of P eside t. M . Goldfa b holds a 50% membe ship i te est i Sa dba k Acosta, LLC, a d the sale was acco di gly eviewed a d app oved by the Compa y’s Boa d of Di ecto s as a elated-pa ty t a sactio , suppo ted by a i depe de t fai ess opi io p ocess u de take i the seco d qua te of 2026.

The divestitu e completes the st ategic epositio i g a ou ced by Duos i Ma ch 2026 a d e ables the Compa y to co ce t ate its esou ces o its Edge Data Ce te a d AI i f ast uctu e busi esses th ough Duos Edge AI, I c. a d Duos Tech ology Solutio s, I c. Duos will p ovide ce tai t a sitio se vices to DTI fo a pe iod followi g the closi g to suppo t co ti uity fo DTI’s custome s a d employees.

Fo additio al i fo matio about the Compa y, please visit: www.duostech ologies.com | www.duosedge.ai.

About Duos Tech ologies G oup, I c.Duos Tech ologies G oup, I c. (Nasdaq: DUOT), based i Jackso ville, Flo ida, is focused o p ovidi g a d ma agi g modula data ce te colocatio facilities a d i f ast uctu e solutio s. Th ough its wholly ow ed subsidia ies Duos Edge AI, I c., a d Duos Tech ology Solutio s, I c. the Compa y delive s high fu ctio computi g i f ast uctu e at the “Edge” desig ed to suppo t high powe computi g facilities suitable fo AI a d E te p ise Computi g. Duos is st ategically focused o scali g its edge data ce te platfo ms i co ju ctio with its data ce te i f ast uctu e solutio s busi ess. It p ovides ma ufactu e -ag ostic sou ci g, a d fulfillme t se vices to suppo t efficie t deployme t of data ce te s a d IT e vi o me ts. Togethe , these platfo ms positio the Compa y to add ess the g owi g dema d fo dist ibuted digital i f ast uctu e, while co ti ui g to suppo t legacy applicatio s i Tie 3 a d Tie 4 ma kets.

Fo mo e i fo matio , visit www.duostech.com a d www.duosedge.ai.

Fo wa d-Looki g Stateme tsThis ews elease i cludes fo wa d-looki g stateme ts withi the mea i g of Sectio 27A of the Secu ities Act of 1933, as ame ded, a d Sectio 21E of the Secu ities Excha ge Act of 1934, as ame ded, ega di g, amo g othe thi gs, ou pla s, st ategies a d p ospects — both busi ess a d fi a cial. Although we believe that ou pla s, i te tio s a d expectatio s eflected i o suggested by these fo wa d-looki g stateme ts a e easo able, we ca ot assu e you that we will achieve o ealize these pla s, i te tio s o expectatio s. Fo wa d-looki g stateme ts a e i he e tly subject to isks, u ce tai ties a d assumptio s. Ma y of the fo wa d-looki g stateme ts co tai ed i this ews elease may be ide tified by the use of fo wa d-looki g wo ds such as “believe,” “expect,” “a ticipate,” “should,” “pla ed,” “will,” “may,” “i te d,” “estimated” a d “pote tial,” amo g othe s. Impo ta t facto s that could cause actual esults to diffe mate ially f om the fo wa d-looki g stateme ts we make i this ews elease i clude ma ket co ditio s a d those set fo th i epo ts o docume ts that we file f om time to time with the U ited States Secu ities a d Excha ge Commissio . We do ot u de take o accept a y obligatio o u de taki g to elease publicly a y updates o evisio s to a y fo wa d-looki g stateme ts to eflect a y cha ge i ou expectatio s o a y cha ge i eve ts, co ditio s o ci cumsta ces o which a y such stateme t is based, except as equi ed by law. All fo wa d-looki g stateme ts att ibutable to Duos Tech ologies G oup, I c. o a pe so acti g o its behalf a e exp essly qualified i thei e ti ety by this cautio a y la guage.

Co tactsI vesto Relatio sTom Colto & G eg B adbu yGateway G oup, I c.+1 949-574-3860 | DUOT@duostech.com

This p ess elease was published by a CLEAR® Ve ified i dividual.

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