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REKOR SYSTEMS (NASDAQ: REKR) STOCK QUOTE

Last Trade: US$1.94 0.04 2.11
Volume: 1,045,555
5-Day Change: 16.87%
YTD Change: -41.74%
Market Cap: US$165.600M

LATEST NEWS FROM REKOR SYSTEMS

Simplified Procurement Approach Makes It Easier and Faster for States to Accelerate Roadway and Traffic Monitoring Programs COLUMBIA, MD / ACCESSWIRE / June 8, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) (the "Company"), a trusted global authority in developing and delivering roadway intelligence using state-of-the-art artificial intelligence and machine learning (AI/ML), today announced the availability of its leading Rekor... Read More
COLUMBIA, MD / ACCESSWIRE / June 3, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that David Desharnais, Rekor's President and CEO, will present to the investor community and host meetings at the upcoming William Blair Growth Stock Conference. William Blair 44th Annual Growth Stock Conference... Read More
Company Introduces Next-Generation Solution for AI-based Traffic Studies and Analytics Rekor Previews Advanced New Features to Help DOTs Meet Emerging Government Policies for Air Quality, Data Management, AI Innovation, and Cyber Security for Protecting Critical Transportation Infrastructure COLUMBIA, MD / ACCESSWIRE / May 31, 2024 / Rekor Systems, Inc. (NASDAQ:REKR), a leader in developing and implementing state-of-the-art... Read More
Rekor's Unique Edge-AI Solutions Tackle Evolving Cyber Threats and Align with Emerging Government AI and Cybersecurity Policies to Safeguard Transportation Networks COLUMBIA, MD / ACCESSWIRE / May 28, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it has further invested in its commitment to... Read More
COLUMBIA, MD / ACCESSWIRE / May 22, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor"), a leader in advanced roadway intelligence technology, today announced that the U.S. Patent Office has awarded it a patent titled "Systems and Methods for Consolidated Traffic Monitoring with Privacy Protection." This innovative patent - in addition to multiple other patent filings and awards - introduces a multi-functional sensor that... Read More
MS2 - National Leader in Transportation Data Management Systems - Joins Rekor Partner Network COLUMBIA, MD / ACCESSWIRE / May 20, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced a partnership with MS2, the national leader in Transportation Data Management Systems (TDMS). This partnership seamlessly... Read More
GreenStockNews
David Desharnais, President and COO, appointed as CEO; Viraj Mehta, Chief Investment Officer at Arctis Global, named Executive Director of the Board; Company Founder Robert A. Berman continues as Chairman. Highlights : Q1 2024 gross revenue increased 58% to $9.8 million as compared to $6.2 million in Q1 2023 Recurring revenue... Read More
Company will host earnings call on Wednesday, May 15, 2024 COLUMBIA, MD / ACCESSWIRE / April 22, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that its financial results for the first quarter of 2024 will be released on Wednesday, May 15, 2024, after market close. On the same day, the Company will... Read More
Company Achieves Fourth Consecutive Quarter of Top Line Growth and Record Revenue COLUMBIA, MD / ACCESSWIRE / March 25, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today unveiled its notable financial results for the fiscal year ending December 31, 2023. Demonstrating substantial progress across all metrics, the... Read More
COLUMBIA, MD / ACCESSWIRE / March 4, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the addition of Anne Townsend to its Board of Directors ("Board") and her appointment as a member of the Board's Technology and Social Responsibility Committee. With a distinguished career spanning over two decades,... Read More
Company to announce record annual revenue when it releases financial results for FY2023 COLUMBIA, MD / ACCESSWIRE / March 1, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it will report record annual and quarterly revenue when it releases financial results for FY2023 on Monday, March 25, 2024,... Read More
COLUMBIA, MD / ACCESSWIRE / February 26, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced its decision to early redeem all $12,500,00 of its outstanding Senior Secured Notes ("SSNs"). This reflects the Company's commitment to strengthening its balance sheet and removes a first priority lien on all the... Read More
COLUMBIA, MD / ACCESSWIRE / February 13, 2024 / Rekor Systems, Inc. (Nasdaq:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it has completed the sale of an additional 1,500,000 shares of common stock at a price to the public of $2.50 per share, pursuant to the full exercise of the option granted by the Company to the underwriters... Read More
COLUMBIA, MD / ACCESSWIRE / February 9, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the closing of its previously announced underwritten public offering of 10,000,000 shares of its common stock (the "Common Stock") at a price to the public of $2.50 per share. The net proceeds to the Company from... Read More
COLUMBIA, MD / ACCESSWIRE / February 7, 2024 / Rekor Systems, Inc. (Nasdaq:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the pricing of its underwritten public offering of 10,000,000 shares of its common stock (the "Common Stock") at a price to the public of $2.50 per share. Closing of the offering is expected to occur on or about... Read More
COLUMBIA, MD / ACCESSWIRE / February 6, 2024 / Rekor Systems, Inc. (Nasdaq:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the launch of a proposed follow-on public offering of shares of its common stock (the "Common Stock"). In addition, Rekor intends to grant the underwriters a 30-day option to purchase up to an additional 15% of... Read More
Rekor Clinches Pay-For-Data Agreement with New Mexico DOT for Class, Count, and Speed Data Services COLUMBIA, MD / ACCESSWIRE / January 30, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced its Urban Mobility division's cutting-edge Rekor Discover™ platform has been chosen by the New Mexico Department... Read More
COLUMBIA, MD / ACCESSWIRE / January 22, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that its Traffic Services division, now including the recently acquired All Traffic Data ("ATD"), has secured a five-year traffic counting contract with Gwinnett County Georgia, Department of Transportation. The... Read More
COLUMBIA, MD / ACCESSWIRE / January 18, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that its Public Safety and Licensing Division has recently secured three public safety and licensing contracts totaling approximately $3 million in total contract value. PAVE Mobility ("PAVE") is a parking... Read More
Philadelphia Roadway Intelligence Test Environment Transitions into Multiyear Contract COLUMBIA, MD / ACCESSWIRE / January 16, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced its Urban Mobility division has achieved a significant milestone in its partnership with the Philadelphia Industrial... Read More
2024 Annual Meeting of Stockholders be held on April 18, 2024 COLUMBIA, MD / ACCESSWIRE / January 10, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that the Company's 2024 Annual Meeting of Stockholders ("2024 Annual Meeting") will be held on Thursday, April 18, 2024. Additional information... Read More
First-of-its-Kind Solution in the United States Deployed on New York City's Brooklyn Queens Expressway as Prototype for Protecting Nation's Overburdened Bridges & Roadways COLUMBIA, MD / ACCESSWIRE / January 8, 2024 / Rekor Systems, Inc . (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology using AI and machine learning, today announced its Urban... Read More
Continues Transformation of Traffic Management in the Austin District COLUMBIA, MD / ACCESSWIRE / January 4, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that its Transportation Management division has expanded collaboration with the Texas Department of Transportation (TxDOT). This contract... Read More
Acquisition expands geographic base and accelerates technology distribution Company to host a special investor conference call on January 9, 2024, to discuss the acquisition COLUMBIA, MD / ACCESSWIRE / January 3, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced it has completed the acquisition of All... Read More
Company to host a special investor conference call on December 14, 2023 to discuss its Revenue Sharing Notes program COLUMBIA, MD / ACCESSWIRE / December 13, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it has completed the sale of a registered offering of $15 million in aggregate principal... Read More
GreenStockNews
Company continues noteworthy quarter-over-quarter revenue growth, setting itself apart in the AI sector with a 268% Compound Annual Growth Rate (CAGR) Highlights: Record Q3 2023 gross revenue of $9.1 million - an increase of 35% as compared to $6.8 million in Q3 2022 Performance obligations increased 41% to $30.2 million as of... Read More
Transportation Infrastructure and AI Tech Firms Join Forces to Help US Accelerate Safer, Smarter, More Sustainable Roadways COLUMBIA, MD / ACCESSWIRE / October 30, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology using AI and machine learning, today announced a multi-year strategic partnership with NextMove by Cintra... Read More
Company will host earnings call on Tuesday, November 14, 2023 COLUMBIA, MD / ACCESSWIRE / October 23, 2023 / Rekor Systems, Inc (NASDAQ:REKR) ("Rekor" or the "Company"), a global leader in the development of innovative solutions that are making the world's roadways safer, greener, and more efficient, today announced that its financial results for the third quarter of 2023 will be released on Tuesday, November 14, 2023, after... Read More
Global Technology Leaders Deepen Relationship to Simplify Adoption and Deployment of State-of-the-Art AI Solutions for Government Agencies and Commercial Entities COLUMBIA, MD / ACCESSWIRE / October 3, 2023 / Rekor Systems, Inc. (NASDAQ:REKR), a trusted global authority in developing and delivering roadway intelligence utilizing state-of-the-art artificial intelligence and machine learning (AI/ML), today announced that it... Read More
Out-of-the-box secure SaaS AI-driven traffic management solution in AWS Marketplace simplifies and expedites procurement for government agencies to be at the forefront of digital infrastructure and roadway intelligence COLUMBIA, MD / ACCESSWIRE / September 13, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) (the "Company"), a trusted global authority in developing and delivering roadway intelligence using state-of-the-art... Read More
COLUMBIA, MD / ACCESSWIRE / September 6, 2023 / Rekor Systems (NASDAQ:REKR), an innovator in roadway intelligence, is redefining transportation safety norms with a trailblazing application of Artificial Intelligence (AI) technology. The company is best known for its AI-driven digital infrastructure operating system, Rekor One TM . This system ingests billions of data points from multiple sources to transform data into... Read More
COLUMBIA, MD / ACCESSWIRE / August 18, 2023 / The lucrativeness of the AI industry has surpassed expectations, providing a much-needed boost for the tech industry. The tech industry was experiencing a downturn at the beginning of the year due to excessive costs incurred during pandemic hiring sprees coupled with rising concerns over macroeconomic trends. However, the public's rapid adaptation of artificial intelligence has... Read More
Company Continues Momentum with Consecutive Quarter-over-Quarter Revenue Growth, Solidifying Its Unique Position in the AI Sector Highlights: Q2 2023 gross revenue increased 132% to $8.6 million as compared to $3.7 million in Q2 2022 Recurring revenue increased 178% to $5.8 million in Q2 2023 as compared to $2.1 million in Q2 2022 Performance obligations increased 48% to $31.8 million as of June 30, 2023, as compared to... Read More
Cutting-edge AI software delivers in-depth on-property vehicle intelligence - transforming how businesses can better attract, engage, and serve customers COLUMBIA, MD / ACCESSWIRE / August 10, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) (the "Company"), a trusted global authority in developing and delivering roadway intelligence using state-of-the-art AI and machine learning, today announced the launch of their Vehicle Insite... Read More
COLUMBIA, MD / ACCESSWIRE / August 8, 2023 / Rekor Systems (NASDAQ:REKR) appeared on a Fox Business News segment discussing the company's involvement in policing activities. The company is a leading innovator in roadway intelligence and is redefining transportation safety norms with a trailblazing application of Artificial Intelligence (AI) technology. A case that underscores this paradigm shift involves David Zayas, a drug... Read More
Strategic academic collaboration integrates Tel Aviv University into the Rekor Partner Network, strengthening the global ecosystem of technology and solution providers revolutionizing roadway intelligence COLUMBIA, MD / ACCESSWIRE / August 3, 2023 / Rekor Systems, Inc . (NASDAQ:REKR) ("Rekor" or the "Company"), a trusted global authority in developing and delivering roadway intelligence using state-of-the-art AI and machine... Read More
Distinguished nominees will bring important subject matter and analytical expertise in urban mobility and finance to the Board COLUMBIA, MD / ACCESSWIRE / July 27, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a trusted global authority in developing and delivering roadway intelligence using state-of-the-art AI and machine learning today announced that it will nominate two new directors for election at... Read More
COLUMBIA, MD / ACCESSWIRE / July 25, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a trusted global authority in developing and delivering roadway intelligence using state-of-the-art AI and machine learning, today announced that its financial results for the second quarter of 2023 will be announced on Monday, August 14, 2023 , after market close. On Monday, August 14, 2023, the Company will also host... Read More
COLUMBIA, MD / ACCESSWIRE / July 21, 2023 / The need for reform in the US transportation system is becoming more and more evident. While the Department of Transportation (DOT) has traditionally emphasized long-term visions and opportunities, there is now a recognition of the significance of taking practical first steps. This change in focus is a response to the conflicting views on pilot projects and their scalability.... Read More
COLUMBIA, MD / ACCESSWIRE / July 19, 2023 / Rekor Systems (NASDAQ:REKR), a leading company in the field of advanced technology solutions, announced that it expects to report remarkable growth in its revenue for the second quarter of 2023 . With an expected revenue of over $8.0 million, Rekor Systems is surpassing its Q2 2022 performance by 110%. Additionally, the company says it is experiencing a substantial increase of more... Read More
Company will announce the full financial results for the second quarter of 2023 on Tuesday, August 15, 2023, after market close COLUMBIA, MD / ACCESSWIRE / July 17, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company, a leader in providing the intelligent infrastructure solutions that are making the world's roadways safer, greener and more efficient, today announced that it... Read More
COLUMBIA, MD / ACCESSWIRE / July 13, 2023 / Rekor Systems (NASDAQ:REKR), an innovator in roadway intelligence, is redefining transportation safety norms with a trailblazing application of Artificial Intelligence (AI) technology. Rekor is operating a transformative program, the Oklahoma Uninsured Vehicle Enforcement Diversion (UVED) Program. It employs its advanced AI to flag uninsured vehicles, dramatically reducing such... Read More
COLUMBIA, MD / ACCESSWIRE / June 27, 2023 / - Technology company Rekor (NASDAQ:REKR) is changing the landscape of traffic data collection and analysis. Rekor collects and connects mobility data to deliver AI roadway intelligence, laying the foundation for a digital-enabled operating system for roadways. Rekor is an AI-driven data company that uses its digital infrastructure operating system, Rekor One TM , to ingest billions... Read More
COLUMBIA, MD / ACCESSWIRE / June 21, 2023 / Traffic management center personnel are burdened with monitoring multiple feeds and data sources, which can be overwhelming. These centers rely heavily on human operators to visually detect and comprehend roadway incidents. However, human observers are susceptible to missing important details, unlike AI systems. Rekor AI (NASDAQ:REKR) is revolutionizing these centers by eliminating... Read More
COLUMBIA, MD / ACCESSWIRE / June 14, 2023 / Traffic data is a valuable resource often overlooked but can potentially benefit transportation systems significantly. By collecting and analyzing traffic data, transportation officials can gain insights into traffic patterns, congestion, and other factors that impact traffic flow on roadways. When this federally required information is efficiently collected, it helps cities and... Read More
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COLUMBIA, MD / ACCESSWIRE / June 6, 2023 / - United States roadways are reportedly in a state of disarray, especially when compared to other modern countries. According to the American Society of Civil Engineers (ASCE), the U.S. road infrastructure received a grade of "D" in their 2021 Infrastructure Report Card . This grade... Read More
COLUMBIA, MD / ACCESSWIRE / June 1, 2023 / The use of outdated traffic data collection methods is a growing concern in the transportation industry. The reliance on pneumatic rubber tubes and metal sensing sensors not only requires traffic to be stopped for weeks at a time and creates pollution, but also puts workers in danger. In 2023, this is an issue that should have been addressed, yet antiquated methods are still... Read More
COLUMBIA, MD / ACCESSWIRE / May 26, 2023 / Renowned engineer and historian Henry Petroski recently released a book detailing the actual cost of poor infrastructure in the United States. According to Petroski, traffic congestion and the associated delays cost the U.S. economy over $120 billion annually . Another study showed that in 2022, U.S. traffic congestion resulted in the average driver spending 51 hours in traffic,... Read More
Highlights: Q1 2023 gross revenue increased 108% to $6.2 million as compared to $3.0 million in Q1 2022 Recurring revenue increased 148% to $4.2 million in Q1 2023 as compared to $1.7 million in Q1 2022 Performance obligations increased 14% to $24.3 million as of March 31, 2023, as compared to $21.4 million as of December 31, 2022 Closed $15 million Senior Secured Notes offering in January 2023 Completed $10 million... Read More
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COLUMBIA, MD / ACCESSWIRE / May 9, 2023 / - One of the primary goals - and biggest challenges - of Departments of Transportation (DOTs) and Traffic Management Centers (TMCs) is managing a good response time to traffic disruptions and incidents safely and efficiently. Unfortunately, managing roadway events has become... Read More
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COLUMBIA, MD / ACCESSWIRE / May 3, 2023 / - In 2022 , US traffic congestion resulted in the average driver spending 51 hours in traffic, equating to approximately $869 in lost time and increased pollution. Additionally, the average driver spent $134 more for fuel in 2022 than in 2021. While some degree of traffic is... Read More
Company will host earnings call on Monday, May 15, 2023 COLUMBIA, MD / ACCESSWIRE / May 1, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company and leader in providing the intelligent infrastructure solutions that are making the world's roadways safer, greener and more efficient, today announced that its financial results for the first quarter of 2023 will be released on Monday,... Read More
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COLUMBIA, MD / ACCESSWIRE / April 25, 2023 / In the United States, gas taxes are an instrumental part of infrastructure projects. The federal government and all 50 U.S. states impose gas taxes; the average state gas tax is about 31 cents a gallon . These taxes then get funneled into projects that help with road maintenance... Read More
MANCHESTER, England, April 25, 2023 (GLOBE NEWSWIRE) -- Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric, and autonomous vehicle data, and Rekor Systems (NASDAQ: REKR) ("Rekor"), today announced that Wejo has joined the Rekor Partner Network ("RPN"). The RPN is a global ecosystem of technology, data, and solution providers working together to... Read More
Rekor's Latest Roadway Intelligence Solution Gains Rapid Support from Leading State DOT Traffic Management Centers, ITS Ecosystem, and AWS for AI-Driven Roadway Management COLUMBIA, MD / ACCESSWIRE / April 25, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) (the "Company"), a global AI technology company and leader in providing the intelligent infrastructure solutions that are making the world's roadways safer, greener, and more... Read More
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COLUMBIA , MD / ACCESSWIRE / April 21, 2023 / In 2021, the American Society of Civil Engineers gave the United States a C- rating on its Infrastructure Report Card. While the grade marked an improvement from the D+ received in 2017, crumbling public roads, aging bridges and deteriorating water mains were the primary causes for... Read More
COLUMBIA, MD / ACCESSWIRE / April 19, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) (the "Company"), a global AI technology company, a leader in providing the intelligent infrastructure solutions that are making the world's roadways safer, greener and more efficient, today announced that the Company has been selected as a preferred vendor for both the South Carolina Department of Transportation ("SCDOT") and the Florida... Read More
Contract valued at $648,000 brings total product and licensing contracts value secured within the last 60 Days to $6.90 Million COLUMBIA, MD / ACCESSWIRE / March 30, 2023 / Rekor Systems, Inc. (NASDAQ:REKR), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced the sale of Rekor Edge Pro™... Read More
COLUMBIA, MD / ACCESSWIRE / March 27, 2023 / Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor" or "the Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules of an aggregate of... Read More
Highlights: 2022 gross revenue increased 72% to $19.9 million ($22.3 million with the discontinued operations) as compared to $11.6 million ($14.3 million with discontinued operations) in 2021 Closed $15 million Senior Secured Notes in January 2023 Sold our Automatic Traffic Safety Enforcement ("ATSE") business unit Acquired Southern Trafic Services ("STS") in June 2022, expanding our footprint, product offering, and... Read More
Since the inception of Oklahoma's Uninsured Vehicle Enforcement Diversion Program, more than 83,000 citizens have enrolled in the program Over 55,000 citizens have agreed to acquire insurance and are no longer at risk of a court appearance, prosecution, or roadside interaction with law enforcement Self-funded program generates approximately $15 million in diversion fees COLUMBIA, MD / ACCESSWIRE / March 27, 2023 / Rekor... Read More
Company acquires its eighth casino customer COLUMBIA, MD / ACCESSWIRE / March 24, 2023 / Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor" or "the Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that the Palms Casino Resort ("Palms") has purchased a multi-year contract for Rekor's... Read More
COLUMBIA, MD / ACCESSWIRE / March 24, 2023 / Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor" or "the Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that it has entered into a definitive agreement for the issuance and sale in a registered direct offering priced at-the-market under... Read More
COLUMBIA, MD / ACCESSWIRE / March 22, 2023 / Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor" or "the Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that the Company filed a United States Securities and Exchange Commission ("SEC") Form 8k disclosing details of the settlement of... Read More
RekorOne™ AI Technology Platform Becomes Linchpin to the Connected Vehicle Ecosystem COLUMBIA, MD / ACCESSWIRE / March 21, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or "the Company"), a global AI technology company with a mission to create safer, more intelligent, and efficient cities worldwide through intelligent infrastructure, announces its collaboration with North Carolina Department of Transportation (NCDOT) on... Read More
COLUMBIA, MD / ACCESSWIRE / March 16, 2023 / Rekor Systems, Inc. (NASDAQ:REKR), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that its e-commerce platform solution suite ("the platform") has crossed a major milestone, with over 1,200 active subscribers. The revenue from this software... Read More
Rekor's AI-Based Roadway Intelligence Software and Systems are Chosen to Improve Traffic Management and Security Capabilities across 28 theme parks globally COLUMBIA, MD / ACCESSWIRE / March 14, 2023 / Rekor Systems, Inc. (NASDAQ:REKR), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced... Read More
Company continues expansion into vehicle class, count, and speed data COLUMBIA, MD / ACCESSWIRE / March 3, 2023 / Rekor Systems, Inc. , (NASDAQ:REKR) ("Rekor" or "the Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that it has been awarded a contract by the Florida Department... Read More
Company will host earnings call on Monday, March 27, 2023 COLUMBIA, MD / ACCESSWIRE / March 1, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced today that its financial results for FY2022 will be released on Monday,... Read More
Large US Cities Choose Integrated Solution to Boost Roadway Safety, Improve Transit Operations, and Public Safety. COLUMBIA, MD / ACCESSWIRE / February 22, 2023 / Rekor Systems, Inc. , (NASDAQ:REKR) ("Rekor" or "the Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that Safe... Read More
Drakewell Joins Rekor Partner Network, Fueling Rapidly Growing Industry Ecosystem Hub Turning Motorized and Non-Motorized Vehicle Movements into Actionable Traffic Insights and a Comprehensive View of Roadways COLUMBIA, MD / ACCESSWIRE / February 21, 2023 / Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor "), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities... Read More
Company's AI Software to Strengthen National Security COLUMBIA, MD / ACCESSWIRE / February 8, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, announced today that the Company's AI-driven roadway intelligence software has been selected for a national security... Read More
Company Solidifies Cash Position To Accelerate Business Growth and Technology Development Discussions continue with several large multinational strategic investors COLUMBIA, MD / ACCESSWIRE / January 23, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, today... Read More
New Contract to underpin Public Safety in Mexico COLUMBIA, MD / ACCESSWIRE / January 12, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, announced today that a large state in Mexico has awarded a purchase order for the Company's vehicle recognition AI-driven... Read More
Agreements represent over $5 million in total contract value Company's vehicle classification AI begins proof of capability studies in New York State and South Carolina COLUMBIA, MD / ACCESSWIRE / January 4, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure,... Read More
COLUMBIA, MD / ACCESSWIRE / December 21, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, announced today the termination of its "at-the-market" equity offering program (the "ATM Offering") with B. Riley as sales agent. The Company elected to terminate the ATM... Read More
Company gains major interest from multinational strategic investors to advance Rekor state-of-the-art data and AI tech via potential investments COLUMBIA, MD / ACCESSWIRE / December 21, 2022 / Rekor Systems, Inc . (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, today announced it has... Read More
COLUMBIA, MD / ACCESSWIRE / December 8, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, announced today the closing of the sale of the Company's Automated Traffic Safety Enforcement ("ATSE") business to Altumint, an industry-leading provider of automated... Read More
Highlights: Revenue increased 184% to $7.4 million for the three months ended September 30, 2022, compared to $2.6 million for the three months ended September 30, 2021 Revenue increased 38% to $15.4 million for the nine months ended September 30, 2022, compared to $11.1 million for the nine months ended September 30, 2021 Recurring revenue increased to 65% and 56% of total revenue for the three and nine months ended... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, announced today that its financial results for the third quarter of 2022 will be released on Monday, November 14, 2022, after market close. On the same day, the Company will host its earnings conference call at 4:30... Read More
Program funded by FTA grant and COTA unifies traffic and transit data using artificial intelligence to better serve customers across 13 counties Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and greener cities around the world through intelligent infrastructure, together with the Central Ohio Transit... Read More
Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that effective September 30, 2022, Rodney Hillman, Chief Operating Officer, will be leaving Rekor to pursue other ventures. The Company's current President, David... Read More
Rekor Continues to Raise the Bar for the Industry in Roadway Intelligence and Digital Infrastructure Technology and Expertise - Achieving the Highest Levels of Recognition and Accreditation Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter, greener, and more efficient cities around the world through intelligent... Read More
Blyncsy, HAAS Alert, Mobileye and PredictHQ Join the Rekor Partner Network. Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced the introduction of its Rekor Partner Network ("RPN"). The Rekor Partner Network is designed to aggregate, transform,... Read More
Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced the deployment of its partnership with Tomorrow.io , the global leader in advanced weather technology, and Waze , the world's largest community-based traffic and navigation app.... Read More
Rekor Showcases Transformational Safer Approach to Roadway Traffic Studies at ITS World Congress 2022 Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced the unveiling of its new non-intrusive AI-driven traffic data... Read More
Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced that its President David Desharnais will be discussing the Company's solutions at Intelligent Transportation Systems (ITS) World Congress. He will be speaking at a... Read More
Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced that it has been awarded a multiyear contract to digitize parking permitting for Augusta University Health System ("AU Health") in Augusta, Georgia. AU Health provides... Read More
Rekor Solutions to Help Texas Improve Traffic Congestion and Roadway Safety Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced that it has been selected for the launch of a multi-year program with the Texas Department... Read More
Highlights: Company completed the acquisition of Southern Traffic Services ("STS"), a traffic engineering firm specializing in traffic data collection Recurring revenue increased to 48% of total revenue for the three and six months ended June 30, 2022, respectively, as compared to $21% for the three and six months ended June 30, 2021 Performance obligation increased to $31.9 million as of June 30, 2022, compared to $22.6... Read More
Otonomo Technologies Ltd. (Nasdaq: OTMO), the platform powering the mobility economy, today announced that Rekor Systems, Inc., (Nasdaq: REKR) and Otonomo are expanding their existing relationship with a multi-year contract supporting the mission of improving road and driver safety. Rekor , a global AI technology company that provides data-driven insights to build safer, smarter, and more efficient cities around the world,... Read More
Rekor Systems, Inc . (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities through intelligent infrastructure, announced today announced that Robert A. Berman, CEO and Chair, Rekor will be attending and presenting at the Q3 Virtual Investor Summit . Rekor is a technology company transforming public safety, urban... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities through intelligent infrastructure, announced today that its financial results for the second quarter of 2022 will be released on Thursday, August 11, 2022, after market close. On the same day, the company will host its earnings conference call at... Read More
Five-year multimillion dollar award represents first of its kind contract for safety driven, non-motorized roadway data in the State Contract utilizes Rekor's technology to detect bicycles and pedestrians in support of FDOT's goal of improving safety and mobility for all road and trail users Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that... Read More
Company To Discuss Recent Acquisition of Southern Traffic Services Rekor Systems, Inc . (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, announced a special investor conference call on Thursday, July 14, 2022, at 4:00 p.m. Eastern. The Company will discuss the... Read More
Combined company now offers the broadest set of AI- and data-driven solutions for urban mobility, traffic management and public safety Acquisition expands Rekor's geographic footprint and public sector customer base Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter, and more efficient cities around the world... Read More
Rekor One Traffic Management Solution Serves as Real-time Intelligence Foundation for Netivei Israel to Improve Highway Safety, Congestion, and Cross-agency Collaboration Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced its joint program launched... Read More
Rekor's unique ability to combine real-time roadside sensor data with Connected Vehicle ("CV") data provides "first-of-its-kind" data insights to support safer roadways Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today... Read More
Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced that it was invited to present at the Cantor Fitzgerald ("Cantor Fitzgerald") Technology ESG Conference, to be held at the Palo Alto Four Seasons, from June 27... Read More
Highlights: Company announces Intent to acquire Southern Traffic Services (STS), a traffic engineering firm specializing in traffic data collection Recurring revenue increased 96% to $1.7 million for the three months ended March 31, 2022, as compared to $0.9 million for the three months ended March 31, 2021. Revenue for the first quarter of 2022 were $3.6 million, a decrease from $4.2 million in the same quarter of 2021... Read More
Acquisition will expand Rekor's geographic footprint by adding more than 60,000 lanes of additional coverage over hundreds of thousands of square miles throughout the United States Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure,... Read More
Rekor Transportation Management Platform Certified by AWS as "Well-Architected" to improve traffic and incident management , increase public safety and security, and optimize urban mobility Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to make communities around the world safer, smarter and more efficient by providing actionable, data-driven insights through... Read More
Revenue for the first quarter 2022 to exceed $3.4 million, which shows continued growth since the Company changed its business model Company will host earnings call on Monday, May 16, 2022 Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure,... Read More
Highlights: 2021 gross revenue increased 55% to $14.3 million as compared to $9.2 million in 2020 Raised $70.1 million in net cash proceeds during February 2021 with a public offering Acquired Waycare in August 2021, expanding global footprint, product offering and customer base Recurring revenue increased 28% to $4.6 million in 2021 as compared to $3.6 million in 2020 Performance obligations increased 35% to $22.6 million... Read More
Revenue for the year ended 2021 was above $14.0 million, compared to $9.2 million in the same period last year, a robust increase of more than 50% Company will host earnings call on Thursday, March 31, 2022 Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter and more efficient cities around the world through intelligent... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to build safer, smarter, and more efficient cities through intelligent infrastructure, announced today that Robert A. Berman, CEO, will present and host one-on-one meetings with investors at the Sidoti Winter Small Cap Conference taking place virtually January 19-20, 2022. Joining him will be Eyal Hen, CFO of Rekor... Read More
Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the “Company”), a global AI technology company with a mission to build safer, smarter, and more efficient cities through intelligent infrastructure, has been chosen by the City of Winchester, Virginia (“the City”) to provide AI-powered infrastructure solutions. The Rekor One ™ intelligence platform delivers Traffic Management and Public Safety solutions that serve multiple... Read More
Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the “Company”), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that the Philadelphia Industrial Development Corporation (“PIDC”) will deploy the Company’s Rekor One™ platform in support of a pilot project to analyze traffic patterns and... Read More
Seasoned Technology Executive Brings Deep Experience Leading Digital Innovation and Scaling Diverse Businesses Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide actionable insights to build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced the appointment of David Desharnais as President.... Read More
Former Microsoft and Ciena executive brings extensive experience in global teams and diversity, inclusion and equity programs Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced the hiring of its first Chief People Officer. Deb... Read More
Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the “Company”), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, and the Regional Transportation Commission of Southern Nevada (RTC) are hosting the RTC and Rekor Tech Showcase at CES 2022 in Las Vegas. Rekor's technology allows law enforcement, traffic... Read More
Presentation Times Released for 75+ Presenting Companies Wednesday and Thursday, December 8-9, 2021 Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day December Micro Cap Virtual Conference taking place Wednesday and Thursday, December 8 - 9, 2021. The links can also be found at www.sidoticonference.com/events . Group Presentation Schedule (click on co. names below to register & watch)... Read More
Algorithm helping cities take immediate and future action against dangerous traffic congestion during unexpected hours Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, has been awarded a patent for an algorithm that is helping cities take... Read More
Rekor Systems, Inc. , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to build safer, smarter and more efficient cities around the world through intelligent infrastructure, announced today that Robert A. Berman, President and CEO, will present and host one-on-one meetings with investors at the Sidoti Virtual Micro Cap Conference taking place on December 8-9, 2021. Joining him will be... Read More
In six months, Company’s platform achieves adoption in 26 US cities Rekor Systems, Inc , (NASDAQ: REKR) ("Rekor" or the “Company”), a global AI technology company with a mission to build safer, smarter and more efficient cities around the world through intelligent infrastructure, announced today that its Rekor One™ platform will be deployed in Stamford, Watertown and Middlebury, Connecticut. In the past six months, the... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to build safer, smarter and more efficient cities around the world through intelligent infrastructure, announced that three new municipalities will deploy Rekor solutions to improve public safety. The cities of Topeka, KS, Nampa, ID and Watertown, NY have each selected the Rekor One™ vehicle intelligence platform in... Read More
Highlights: Launched our Rekor One TM operating system for intelligent infrastructure, which includes modules for traffic analytics, incident management, public safety, and law enforcement. Evolved our revenue model to effectively execute on our land-and-expand strategy and introduced new key performance indicators to allow investors to assess our progress, which include: Performance obligations increased 57% to $23.8... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, announced today that the plaintiffs in Miller v. Rekor Systems, Inc., et al . (21-cv-1604) (the "Lawsuit") filed a Stipulation and Proposed Order of Dismissal. The stipulation seeks to... Read More
Company to host earnings call on Monday, November 15, 2021 Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, announced today that financial results for third quarter 2021 will be released on Monday, November 15, 2021, after market close. On the... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, commended the emphasis on transportation infrastructure in the American Jobs Plan legislation released this week. “The need to modernize the nation’s transportation infrastructure has been long... Read More
Rekor One platform will be used to analyze critical traffic data in support of the City's expansive smart city goals Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that the City of Chattanooga, Tennessee (or the "City") has... Read More
Company elected as the 2021 winner of the ‘Industry Award' for the Americas Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that its Waycare subsidiary was awarded the Intelligent Traffic System ("ITS") World Congress Hall of... Read More
Company's technology to be piloted as part of research project with the Swedish Transport Administration and Gothenburg Traffic Management Center Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced... Read More
Partnership will provide greater visibility into extreme weather events that can impact road safety to enhance proactive traffic management operations Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced that it has partnered with the world's leading... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to build safer, smarter and more efficient cities around the world through intelligent infrastructure, announced that three Mid-Atlantic customers will deploy Rekor solutions to improve public safety in their respective municipalities. The Cities of Vineland, NJ and New Rochelle, NY have each selected the Rekor One™... Read More
The collaboration leverages AI to reduce congestion and prevent traffic incidents on one of the busiest roads in Thailand, Rama IV Road Today, Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to build safer, smarter and more efficient cities around the world through intelligent infrastructure, announced its subsidiary Waycare Technologies ("Waycare") has collaborated... Read More
Agencies testing Waycare's AI-based traffic management technology to improve incident management, reduce response times, and support greater cross-agency collaboration in the Salt Lake City region Today, Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the... Read More
AI-based traffic management platform to aid in real-time, automated incident identification, crash prediction and forecasting Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world, today announced that its Waycare Technologies subsidiary has been... Read More
Half day event will provide deep dive into recent Waycare Technologies, Ltd. acquisition, company strategy and showcase latest product innovations Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world, is reminding current and interested investors and... Read More
Half day event will provide deep dive into recent Waycare Technologies, Ltd. acquisition, company strategy and showcase latest product innovations Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world, announced today that it will host its first ever... Read More
Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world, announced today the successful closing of the previously announced acquisition of Waycare Technologies, Ltd. ("Waycare"). Pursuant to the purchase agreement the Company acquired 100% of the issued... Read More
Highlights: Second quarter 2021 gross revenue increased 60% to $4.3 million as compared to $2.7 million in the second quarter of 2020 First half 2021 gross revenue increased 99% to $8.5 million as compared to $4.3 million in the prior year Second quarter 2021 gross margin was 66%, up from 52% in the second quarter of 2020 Signed a definitive agreement to acquire Waycare Technologies, Ltd., expanding our global footprint,... Read More
Expands technology footprint in the US, as well as internationally Accelerates intelligent infrastructure market access and growth Expedites access to complementary data Enhances suite of solutions through acquisition of proprietary artificial intelligence software Company to host investor conference call today at 4:30 p.m. Eastern Time Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology... Read More
Company to host earnings call on Monday, August 16, 2021 Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world, announced today that financial results for second quarter 2021 will be released on Monday, August 16, 2021, after market close. On the same... Read More
ROKER Inc ., a provider of technology solutions aimed at urban space management inclusive of parking and enforcement, today announced that it has closed on a deal to acquire SecurePark Technologies of Edmonton, Alberta, Canada. Founded in 2009, SecurePark offers a software-as-a-service (SaaS) parking enforcement platform for municipalities, parking operators, airports, schools, hospitals, security and property management... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a provider of real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced that it has filed a petition in New York State court to obtain the identity of certain anonymous short sellers who have disseminated false and misleading information about the Company. These false and misleading postings have led to the filing of... Read More
Rekor Systems, Inc. (NASDAQ: REKR), a provider of real-time roadway, customer and public safety intelligence to enable AI-driven decisions, announced the selection of its Rekor One ™ vehicle recognition system by the City of Albany, New York, in partnership with the Albany Police Department. Rekor was selected after a competitive bid process in June 2021 to help maintain the safety and security of the community and its... Read More
Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the “Company”), a provider of real-time roadway, customer and public safety intelligence to enable AI-driven decisions, announced today that Wisconsin’s Waukesha County has selected the Rekor One ™ vehicle recognition system for implementation at eight of its public park entrances. The solution was selected after a competitive bid process in early 2021, to help maintain the... Read More
Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the “Company”), a provider of real-time roadway, customer and public safety intelligence to enable AI-driven decisions, announced the growth of their leadership team with the additions of Michael Dunbar as Chief Revenue Officer and Bulent Ozcan as Director of Investor Relations. A leader in data-driven technology, Dunbar specializes in building mission-critical video... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a provider of real-time roadway, customer, and public safety intelligence to enable AI-driven decisions, today announced that board member Christine Harada will step down from her various roles on Rekor's Board of Directors effective July 2, 2021, to lead the Federal Permitting Improvement Steering Council ("FPISC" or "Permitting Council"). FPISC was established... Read More
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Highlights: First quarter 2021 gross revenue increased 164% to $4.2 million as compared to $1.6 million in the first quarter of 2020 Raised $70.1 million in net cash proceeds during February 2021 with an underwritten public offering Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor"), a provider of real-time roadway, customer and... Read More
Company expects to achieve more than 160% revenue growth in Q1 2021 over the same quarter in 2020 Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a provider of real-time roadway, customer and public safety intelligence to enable AI-driven decisions, announced today that it expects to report gross revenue exceeding $4.2 million for the first quarter of 2021 as compared to $1.6 million the same quarter of 2020,... Read More
Rekor Systems, Inc. (NASDAQ: REKR) (“Rekor”), a provider of real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced that its President and Chief Executive Officer, Robert A. Berman, will be presenting at the Planet MicroCap Showcase on Thursday, April 22 at 9:00 am EST. Berman will lead a virtual presentation and answer investor questions. “Virtual events like SNN’s Planet... Read More
Rekor Systems, Inc , (NASDAQ:REKR) ("Rekor"), a provider of real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced the expansion of its channel partner program and launch of its partner portal, which will connect Rekor partners with relevant training and collateral resources, as well as enable opportunity tracking and support inquiries. The portal will support both Rekor’s... Read More
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Highlights: 2020 gross revenue increased 69% to $9.2 million as compared to $5.5 million in 2019 Fourth quarter 2020 gross revenue increased 88% to $2.8 million as compared to $1.5 million in the fourth quarter of 2019 Raised $70.1 million in net cash proceeds during February 2021, with a public offering Rekor Systems, Inc ,... Read More
Company to host earnings call on Wednesday, March 10, 2021 Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor"), a Maryland-based company providing real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced that financial results for the fourth quarter and year ended December 31, 2020, will be released Wednesday, March 10, 2021. The company will host a conference call at 4:45 p.m.... Read More
Rekor Systems, Inc. , (NASDAQ:REKR) ("Rekor") (the "Company") a Maryland-based company providing real-time roadway, customer and public safety intelligence to enable AI-driven decisions, announced today that on February 20, 2021, it had advised Iteris, Inc. (ITI) that it was prepared to offer to purchase all of Iteris' outstanding common stock. The offer to Iteris was for a combination of cash and common stock subject to... Read More
Rekor Systems, Inc. , (NASDAQ: REKR) (“Rekor”) (the “Company”) a Maryland-based company providing real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced that the State of North Dakota Parks and Recreation Department (NDPRD) has selected the Company’s Rekor One™ solution to help state park leadership understand use patterns and plan for future needs. Rekor One will replace an... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a Maryland-based company providing real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced the closing of its underwritten public offering of 6,126,936 shares of its common stock, including 799,166 shares sold pursuant to the exercise in full of the underwriters' option to purchase additional shares at the public... Read More
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a Maryland-based company providing real-time roadway, customer and public safety intelligence to enable AI-driven decisions, today announced the pricing of its previously announced underwritten public offering of 5,327,773 shares of common stock of the Company at a price to the public of $12.25 per share. Rekor expects to receive aggregate gross proceeds of... Read More

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