Duos Technologies Group, Inc. (DUOT) has appointed Douglas Recker as its new Chief Executive Officer and President, effective April 1, 2026. Mr. Recker previously served as President since September 2025 and founded Duos Edge AI, Inc. in July 2024. Charles Ferry will resign as CEO on April 1, 2026, but will remain a Director of the Company. Duos Edge AI, Inc. entered into a non-binding Letter of Intent (LOI) with Hydra Host, Inc. for a proposed GPU-as-a-Service contract. Under the LOI, Duos Edge would be the data center and asset owner for a 2304 GPU B800 cluster rental contract, with Hydra as the operator, with potential to scale to 4608 GPUs. This project is expected to generate approximately $176 million in revenue over a 36-month term, with gross margins exceeding 80% and projected EBITDA over $40 million. Additionally, incremental colocation revenue of approximately $25 million is expected over the same 36-month term. The Company has secured a non-binding LOI for a ground lease in Iowa, providing access to up to 10MW of utility power for a strategic high-density deployment site. Duos is targeting 60MW national Edge Data Center capacity and aims for up to 20MW by the end of 2026, with a long-term objective of 75MW of distributed capacity. The Company's expansion strategy includes modular, repeatable deployment models, and integrated infrastructure solutions for AI inference and edge compute growth.