STOCK TITAN

Duos Technologies Secures Another Patent for Railcar Technology

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Duos Technologies Group (NASDAQ: DUOT) has been granted a new patent for its obliquevue® Oblique Vehicle Undercarriage Examiner, enhancing its railcar inspection capabilities. The technology provides high-resolution imaging of railcar undercarriages, integrating with the company's Railcar Inspection Portal (RIP®) and CENTRACO® platform.

In 2024, Duos' patented imaging systems scanned nearly 10 million railcar images, demonstrating significant market adoption. The system employs advanced imaging techniques and AI analytics to meet Association of American Railroads (AAR) and Federal Railroad Administration (FRA) safety standards.

The company's intellectual property portfolio now includes 11 granted patents and 6 pending applications, strengthening its position in automated railcar inspection solutions. The technology enables real-time detection of safety concerns and anomalies that traditional systems might miss.

Duos Technologies Group (NASDAQ: DUOT) ha ottenuto un nuovo brevetto per il suo obliquevue® Oblique Vehicle Undercarriage Examiner, migliorando le capacità di ispezione delle carrozze ferroviarie. La tecnologia fornisce immagini ad alta risoluzione dei sottocarri delle carrozze, integrandosi con il Railcar Inspection Portal (RIP®) e la piattaforma CENTRACO® dell'azienda.

Nel 2024, i sistemi di imaging brevettati di Duos hanno scansionato quasi 10 milioni di immagini di carrozze ferroviarie, dimostrando una significativa adozione sul mercato. Il sistema impiega tecniche avanzate di imaging e analisi AI per soddisfare gli standard di sicurezza dell'Associazione delle Ferrovie Americane (AAR) e della Federal Railroad Administration (FRA).

Il portafoglio di proprietà intellettuale dell'azienda include ora 11 brevetti concessi e 6 domande in attesa, rafforzando la sua posizione nelle soluzioni di ispezione automatizzata delle carrozze ferroviarie. La tecnologia consente il rilevamento in tempo reale di problemi di sicurezza e anomalie che i sistemi tradizionali potrebbero perdere.

Duos Technologies Group (NASDAQ: DUOT) ha sido concedido un nuevo brevete para su obliquevue® Oblique Vehicle Undercarriage Examiner, mejorando sus capacidades de inspección de vagones. La tecnología proporciona imágenes de alta resolución de los subsistemas de los vagones, integrándose con el Railcar Inspection Portal (RIP®) y la plataforma CENTRACO® de la empresa.

En 2024, los sistemas de imagen patentados de Duos escanearon casi 10 millones de imágenes de vagones, demostrando una adopción significativa en el mercado. El sistema utiliza técnicas avanzadas de imagen y análisis de AI para cumplir con los estándares de seguridad de la Asociación de Ferrocarriles Americanos (AAR) y la Administración Federal de Ferrocarriles (FRA).

El portafolio de propiedad intelectual de la empresa ahora incluye 11 patentes concedidas y 6 solicitudes pendientes, fortaleciendo su posición en soluciones de inspección automatizadas de vagones. La tecnología permite la detección en tiempo real de problemas de seguridad y anomalías que los sistemas tradicionales podrían pasar por alto.

Duos Technologies Group (NASDAQ: DUOT)는 obliquevue® Oblique Vehicle Undercarriage Examiner에 대한 새로운 특허를 받았으며, 이를 통해 철도 화물차 검사 능력을 향상시켰습니다. 이 기술은 고해상도 이미지를 제공하며, 회사의 Railcar Inspection Portal (RIP®)CENTRACO® 플랫폼과 통합됩니다.

2024년까지 Duos의 특허된 이미징 시스템은 거의 1천만 개의 화물차 이미지를 스캔하여 상당한 시장 채택을 입증했습니다. 이 시스템은 첨단 이미징 기법과 AI 분석을 사용하여 미국 철도 협회(AAR) 및 연방 철도청(FRA) 안전 기준을 충족합니다.

회사의 지적 재산 포트폴리오는 현재 11개의 승인된 특허와 6개의 대기 중인 신청서를 포함하여 자동화된 철도 화물차 검사 솔루션에서의 입지를 강화하고 있습니다. 이 기술은 전통적인 시스템에서 놓칠 수 있는 안전 문제와 이상을 실시간으로 감지할 수 있게 합니다.

Duos Technologies Group (NASDAQ: DUOT) a obtenu un nouveau brevet pour son obliquevue® Oblique Vehicle Undercarriage Examiner, améliorant ainsi ses capacités d'inspection des wagons. La technologie fournit des images haute résolution des sous-châssis des wagons, s'intégrant à Railcar Inspection Portal (RIP®) et à la plateforme CENTRACO® de l'entreprise.

En 2024, les systèmes d'imagerie brevetés de Duos ont scanné près de 10 millions d'images de wagons, démontrant une adoption significative sur le marché. Le système utilise des techniques d'imagerie avancées et des analyses IA pour répondre aux normes de sécurité de l'Association des Chemins de fer américains (AAR) et de la Federal Railroad Administration (FRA).

Le portefeuille de propriété intellectuelle de l'entreprise comprend désormais 11 brevets accordés et 6 demandes en attente, renforçant sa position dans les solutions d'inspection automatisée des wagons. La technologie permet la détection en temps réel des préoccupations en matière de sécurité et des anomalies que les systèmes traditionnels pourraient manquer.

Duos Technologies Group (NASDAQ: DUOT) wurde ein neues Patent für seinen obliquevue® Oblique Vehicle Undercarriage Examiner gewährt, wodurch die Inspektionsmöglichkeiten von Güterwagen verbessert werden. Die Technologie bietet hochauflösende Bilder von den Untergestellen der Güterwagen und integriert sich mit dem Railcar Inspection Portal (RIP®) und der CENTRACO® Plattform des Unternehmens.

Im Jahr 2024 haben die patentierten Bildgebungssysteme von Duos fast 10 Millionen Güterwagenbilder gescannt, was eine signifikante Marktentwicklung zeigt. Das System verwendet fortschrittliche Bildgebungstechniken und KI-Analytik, um die Sicherheitsstandards der American Railroads (AAR) und der Federal Railroad Administration (FRA) zu erfüllen.

Das geistige Eigentum des Unternehmens umfasst jetzt 11 erteilte Patente und 6 ausstehende Anträge, was seine Position im Bereich automatisierter Güterwageninspektionslösungen stärkt. Die Technologie ermöglicht die Echtzeiterkennung von Sicherheitsproblemen und Anomalien, die traditionelle Systeme möglicherweise übersehen.

Positive
  • Secured new patent for obliquevue® undercarriage examination technology
  • Scanned 10 million railcar images in 2024, showing strong market adoption
  • Expanded patent portfolio to 11 granted patents with 6 pending applications
  • Technology meets AAR and FRA safety standards
Negative
  • None.

Insights

The patent grant for obliquevue® undercarriage imaging technology represents a significant advancement in rail safety inspection capabilities. The system's integration of 10 million railcar scans in 2024 demonstrates substantial market penetration and operational validation. The technology's unique oblique imaging approach fills a critical gap in undercarriage inspection that traditional top-down or side-view systems cannot address.

The intellectual property portfolio expansion to 11 granted patents and 6 pending applications strengthens DUOT's competitive moat in the specialized rail inspection market. This is particularly valuable given increasing regulatory focus on rail safety and the industry's push toward automation. The integration with existing RIP® and CENTRACO® platforms creates a comprehensive inspection ecosystem that should drive recurring revenue through subscription-based services.

The obliquevue® patent is strategically important as it addresses a major pain point in railcar inspection - the undercarriage view. Traditional manual inspections of undercarriages are dangerous, time-consuming and prone to human error. Automated undercarriage inspection that meets AAR and FRA standards could significantly reduce inspection times and improve safety compliance. The technology's ability to detect subtle anomalies through oblique perspectives provides a competitive edge in the safety-critical rail sector.

For context, a typical Class I railroad might inspect thousands of railcars daily. The ability to automate this process with high-resolution imaging and AI analysis represents substantial cost savings and operational efficiency gains. The patent's timing aligns with the industry's increasing focus on predictive maintenance and safety following recent high-profile derailments.

With a market cap of $42.1M, DUOT is positioning itself as a key technology provider in the rail safety and automation market. The company's focus on edge processing and subscription-based services indicates a shift toward recurring revenue models, which typically command higher valuations than one-time hardware sales. The comprehensive patent portfolio and established customer base demonstrated by the 10 million scan milestone suggest a defensible market position.

Think of this technology as the equivalent of a high-tech MRI for trains - it sees problems before they become catastrophic. For everyday investors, this means DUOT is not just selling equipment, but providing an essential safety service that railroads increasingly cannot do without. The recurring revenue potential from data services could provide more stable and predictable cash flows compared to traditional equipment sales.

Duos Continues to Lead in Railcar Inspection Innovation with Its obliquevue® System used for advanced undercarriage visualization for AI analytics

JACKSONVILLE, Fla., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains, a leader in railcar inspection technologies, has been granted a new patent by the U.S. Patent and Trademark Office for its obliquevue® Oblique Vehicle Undercarriage Examiner. Titled "Device to capture high resolution images of the undercarriage of a freight car", this patent confirms Duos' methodology and the supporting technology as the standard for wayside detection, transforming and providing safety for the railcar inspection processes through innovative state-of-the-art engineering and AI.

DUOT_PR_OVUE_Patent_L

In 2024 alone, Duos' patented imaging systems scanned almost 10 million railcar images, showcasing the widespread adoption of its innovative solutions. The obliquevue® technology adds a critical dimension to Duos’ Railcar Inspection Portal (RIP®), already recognized as an industry standard for real-time railcar analysis.

“This patent solidifies Duos’ position as an intellectual property leader in the rail industry,” said Chuck Ferry, CEO of Duos. “With obliquevue®, we deliver unparalleled accuracy and efficiency, allowing operators to identify and address safety concerns in real time, ensuring the reliability of rail networks globally.”

The newly patented technology utilizes advanced imaging techniques and offers oblique perspectives to enhance detection of anomalies that traditional systems might overlook. The system integrates seamlessly with Duos’ RIP® and CENTRACO® platform, leveraging cutting-edge AI and sophisticated imaging sensors to meet stringent safety standards, including those set by the Association of American Railroads (AAR) and the Federal Railroad Administration (FRA).

As Duos expands its capabilities, including edge data processing and subscription-based services for customized rail data, the company continues to innovate within the rail sector and beyond. This new patent adds to its growing portfolio, which includes now 11 granted patents and 6 pending applications, further cementing its leadership in automated railcar inspection solutions.

To stay up to date on the Company's most recent developments or to learn more about the Duos story and its revolutionary technology platforms, be sure to follow here or sign up for email alerts here. For more information please contact DUOT@duostech.com or visit the Company's website and social media channels: Website, LinkedIn, Twitter.

About Duos Technologies Group, Inc.
Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiaries, Duos Technologies, Inc., Duos Edge AI, Inc., and Duos Energy Corporation, designs, develops, deploys and operates intelligent technology solutions for Machine Vision and Artificial Intelligence (“AI”) applications including real-time analysis of fast-moving vehicles, Edge Data Centers and power consulting. For more information, visit www.duostech.com , www.duosedge.ai and www.duosenergycorp.com.

Forward- Looking Statements
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/347bf557-b6d2-4cdb-8a2f-478c1f53e418

This press release was published by a CLEAR® Verified individual.


FAQ

What is Duos Technologies' (DUOT) new patent for railcar inspection?

Duos Technologies received a patent for the obliquevue® Oblique Vehicle Undercarriage Examiner, which captures high-resolution images of railcar undercarriages for safety inspection purposes.

How many railcar images did DUOT's systems scan in 2024?

Duos Technologies' patented imaging systems scanned almost 10 million railcar images in 2024.

How many patents does Duos Technologies (DUOT) currently hold?

Duos Technologies currently holds 11 granted patents and has 6 pending patent applications.

What safety standards does DUOT's railcar inspection technology meet?

Duos Technologies' railcar inspection technology meets safety standards set by both the Association of American Railroads (AAR) and the Federal Railroad Administration (FRA).

How does DUOT's obliquevue® technology integrate with existing systems?

The obliquevue® technology integrates with Duos' Railcar Inspection Portal (RIP®) and CENTRACO® platform, using AI and sophisticated imaging sensors for comprehensive railcar inspection.

Duos Technologies Group, Inc.

NASDAQ:DUOT

DUOT Rankings

DUOT Latest News

DUOT Stock Data

42.06M
6.35M
26.59%
30.75%
1.55%
Software - Application
Services-prepackaged Software
Link
United States of America
JACKSONVILLE