Duos Technologies (DUOT), a company that builds automated inspection sites for rail cars, recently moved up to the Nasdaq and got an infusion of funds that should allay fears about its cash situation at least for a year or so.
Duos has automated the inspection of railroad cars through proprietary technology, and our investment thesis does not hinge on that market alone. The inspection technologies and the additional AI platform the company is building out have wider applications in other verticals. Indeed, a description of its technology in the 10-K sounds wonderfully abstract:
...focuses on