Rekor Systems, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Robert Alan Berman
- Full Time Employees
- 234
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 6721 Columbia Gateway Drive Columbia MD United States 21046
- IPO Date
- Aug 28, 2017
- CIK
- 0001697851
- Website
- rekor.ai
- Similar Companies
- Business
- Rekor Systems, Inc. (Nasdaq: REKR) develops and provides AI-enabled roadway intelligence platforms and infrastructure solutions for public safety, urban mobility, and transportation management markets in the United States and internationally; the company offers Rekor One, a core roadway intelligence engine that aggregates and transforms trillions of data points from proprietary systems, third-party providers, and existing infrastructure using computer vision, edge processing, pattern recognition, and predictive algorithms; Rekor Command for real-time event detection and traffic management; Rekor Discover for comprehensive traffic and vehicle analytics; Rekor Scout for public safety applications including license plate recognition and vehicle identification; Rekor AutoNotice, a cloud-based financial management application for contactless compliance; Rekor CarCheck, an AI-based vehicle and license plate recognition technology; Rekor Edge Max System, a fixed traffic data collection system for holistic traffic insights; Rekor Edge Pro, a standalone or networked vehicle recognition solution; and Rekor Edge Flex, a portable data collection system; it also provides traffic services encompassing traditional traffic studies, AI-driven traffic analytics, and traffic engineering services. Rekor Systems maintains a global footprint with headquarters in Columbia, Maryland, and additional offices in Texas, Colorado, Florida, and Israel; the company serves government agencies, transportation departments, law enforcement, engineering firms, and commercial businesses through data-as-a-service models, APIs, SDKs, and standalone applications. Incorporated in 2017, Rekor Systems recently secured its largest statewide multi-year contract with the Georgia Department of Transportation valued at a minimum of $50 million over up to eight years, enabling cooperative use by cities, counties, and regional commissions and potentially exceeding $100 million in total value through accelerated deployment of Rekor Discover; it won a $1 million initial order from South Carolina for virtual weigh stations integrated with its technology, earning a State Technology Innovation Award; expanded Rekor Discover adoption to three new states in Q3 2025; reported record Q3 2025 revenue of $14.2 million with adjusted gross margin of 63%; entered a $25 million at-market stock issuance agreement; announced plans to launch deepfake detection products via Rekor Labs; and previously secured statewide contracts with Texas DOT, Ohio DOT, and others valued up to $15 million.
Company News
Rekor Systems Takes Legal Action Against Former Director Following Extensive Investigation into Alleged Breaches of Fiduciary Duty in Connection with a December 2025 Financing with a Hedge Fund
Rekor Systems Clears Quorum Hurdle, Elects Six Directors at Reconvened Meeting
Oregon Department of Transportation Selects Rekor Command® to Deliver Safety Alerts Directly to Drivers Statewide
After Plunging 35.6% in 4 Weeks, Here's Why the Trend Might Reverse for Rekor Systems (REKR)
BlackRock Inc. Takes $1.20 Million Position in Rekor Systems, Inc. $REKR
Rekor Eliminates Approximately $10 Million in Liabilities and Generates More Than $2 Million in Annual Savings
Rekor Systems Calls for a National Industry Standard to Preserve the Public-Safety Value of ALPR
Rekor Systems Q2 Earnings Call Highlights
Rekor Systems, Inc. (REKR) Q2 2026 Earnings Call Transcript
Rekor Systems, Inc. (REKR) Reports Break-Even Earnings for Q2
Rekor Systems Reports Second Quarter 2026 Financial Results
Rekor Expands Patented Verification Technology into Voice, Opening New Market for GoSecure™
Rekor Selected for 7-Year South Carolina DOT Statewide Contract Valued in Excess of $22 Million
Rekor Systems to Announce Second Quarter Fiscal 2026 Results
Rekor Systems Expects Significant Improvement in Second Quarter 2026 Financial Performance
Beyond the Flock Backlash: Rekor Publishes Privacy and Evidence Architecture for Responsible Vehicle Recognition
Beyond the Flock Backlash: Rekor Publishes Privacy and Evidence Architecture for Responsible Vehicle Recognition
Rekor Systems Launches Rekor Scout Axis Agent With Go-Secure.Video: Bringing Trusted and Tamper-Evident Video to Standard Axis Cameras
Rekor Introduces Go-Secure.Video: Proof That Video Is Real
Rekor Systems, Inc. (REKR) Reports Q1 Loss, Misses Revenue Estimates