Duos Technologies Wins $176M GPUaaS Contract with 4.3MW EDC Deployment
Duos Technologies signed a $176M GPU-as-a-Service contract with Hydra Host to deploy a high-density NVIDIA GPU cluster, including an $18M customer prepayment and projected annual EBITDA of $40M. The agreement funds an initial 4.3MW Edge Data Center deployment and supports margins above 80% under its new high-power EDC model.
1. Definitive GPUaaS Contract
Duos Technologies Group has executed a definitive GPU-as-a-Service contract with Hydra Host to deploy a high-density NVIDIA GPU cluster for a global technology client. The 36-month agreement carries $176 million in revenue, including an $18 million upfront prepayment and gross margins projected above 80%.
2. Financial Projections and Margins
The contract underpins projected annual revenue of over $50 million and annual EBITDA of approximately $40 million, marking the largest profitability driver in the company’s history. Elevated margins on GPUaaS reflect the premium pricing of high-performance compute hosting.
3. Deployment Details and Funding
Initial deployment encompasses a 4.3MW high-power Edge Data Center, with modular units under manufacturing and critical power modules ordered to meet delivery timelines. Funding is secured through a $65 million public offering and existing hardware financing, enabling immediate project commencement without additional equity.
4. Growth Outlook
This partnership validates Duos Technologies’ high-power EDC model and positions its Edge AI subsidiary as an emerging distributed infrastructure provider. Management targets 75MW of distributed capacity and is evaluating additional sites to capitalize on strong inbound interest from AI hyperscalers.