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Duos Technologies signs 20 MW, 10-year data center deal and plans 100 MW land expansion

Market News
20 Oct 2026
GlobeNewsWire
View Source
Bullish
Duos Technologies signs 20 MW, 10-year data center deal and plans 100 MW land expansion

Duos Technologies announced a 10-year colocation agreement for 20 megawatts with a major U.S. cloud services provider, valued at over $400 million. The company is also negotiating to secure about 100 megawatts of additional powered, data center-zoned land to expand its Edge AI platform, with 25 MW already under contract and 75 MW in negotiation. These moves support Duos' growth strategy to meet rising demand for scalable, power-dense infrastructure for AI and cloud computing. The new facilities are expected to be operational by Q2 2027, with all land deals aimed to be finalized by year-end.

Duos Technologies' new 20 MW customer agreement and 100 MW land expansion plans provide context for technology sector activity. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 21, 2026 03:11 WIB: out of 150 priced US tech stocks, 108 rose and 40 fell. Notable movers include GoPro Inc (GPRO) at USD 1.10 with a 1-day change of +5.77%, Wipro Limited (WIT) at USD 2.04 with +5.70%, and Gartner Inc (IT) at USD 219.49 with +5.67%.

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