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Rekor Command(TM) Platform Transforms Traffic Management and Enhances Roadway Safety With Initial Adoptions in Oklahoma, Kansas, and Oregon

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Rekor Systems, Inc. (NASDAQ:REKR) has announced the initial adoption of its Rekor Command™ platform by Departments of Transportation in Oklahoma, Kansas, and Umatilla County, Oregon. This AI-driven platform enables real-time traffic monitoring and provides insights to respond to roadway incidents up to 23 minutes faster than traditional methods. The technology democratizes access to advanced roadway intelligence, bringing urban-level capabilities to rural areas.

Rekor Command™ transforms raw roadway data into actionable insights, allowing agencies to quickly identify and respond to incidents, improve Traffic Incident Management timelines, enhance traffic flow, and boost safety. The expansion builds on Rekor's success in Texas and Oregon's Connected Vehicle Ecosystem deployment, opening new markets in rural areas and fostering regional collaboration.

Rekor Systems, Inc. (NASDAQ:REKR) ha annunciato l'adozione iniziale della sua piattaforma Rekor Command™ da parte dei Dipartimenti dei Trasporti in Oklahoma, Kansas e Umatilla County, Oregon. Questa piattaforma basata sull'IA consente un monitoraggio del traffico in tempo reale e fornisce informazioni per rispondere a incidenti stradali fino a 23 minuti più velocemente rispetto ai metodi tradizionali. La tecnologia democratizza l'accesso all'intelligenza avanzata sulle strade, portando capacità di livello urbano nelle aree rurali.

Rekor Command™ trasforma i dati grezzi delle strade in informazioni utili, consentendo alle agenzie di identificare rapidamente e rispondere agli incidenti, migliorare i tempi di gestione degli incidenti stradali, ottimizzare il flusso del traffico e aumentare la sicurezza. L'espansione si basa sul successo di Rekor nel Texas e nella distribuzione dell'Ecosistema dei Veicoli Connessi dell'Oregon, aprendo nuovi mercati nelle aree rurali e favorendo la collaborazione regionale.

Rekor Systems, Inc. (NASDAQ:REKR) ha anunciado la adopción inicial de su plataforma Rekor Command™ por parte de los Departamentos de Transporte en Oklahoma, Kansas y Umatilla County, Oregón. Esta plataforma impulsada por IA permite el monitoreo del tráfico en tiempo real y proporciona información para responder a incidentes en las carreteras hasta 23 minutos más rápido que los métodos tradicionales. La tecnología democratiza el acceso a la inteligencia avanzada de las carreteras, llevando capacidades de nivel urbano a áreas rurales.

Rekor Command™ transforma los datos brutos de las carreteras en información útil, permitiendo a las agencias identificar y responder rápidamente a incidentes, mejorar los tiempos de gestión de incidentes de tráfico, optimizar el flujo vehicular y aumentar la seguridad. La expansión se basa en el éxito de Rekor en Texas y en la implementación del Ecosistema de Vehículos Conectados de Oregón, abriendo nuevos mercados en áreas rurales y fomentando la colaboración regional.

Rekor Systems, Inc. (NASDAQ:REKR)은 오클라호마, 캔자스, 오리건 주 유마틸라 카운티의 교통부서에서 자사의 Rekor Command™ 플랫폼을 초기 도입했다고 발표했습니다. 이 AI 기반 플랫폼은 실시간 교통 모니터링을 가능하게 하며, 기존 방법보다 23분 더 빠르게 도로 사건에 대응할 수 있는 통찰력을 제공합니다. 이 기술은 고급 도로 정보를 민주화하여 농촌 지역에도 도시 수준의 기능을 제공합니다.

Rekor Command™는 원시 도로 데이터를 실행 가능한 통찰력으로 변환하여 기관들이 신속하게 사건을 식별하고 대응할 수 있게 하며, 교통 사건 관리 시간을 개선하고, 교통 흐름을 원활하게 하며, 안전성을 높입니다. 이번 확장은 텍사스와 오리건의 연결 차량 생태계 배치를 성공적으로 기반으로 하여 농촌 지역의 새로운 시장을 열고 지역 협력을 촉진합니다.

Rekor Systems, Inc. (NASDAQ:REKR) a annoncé l'adoption initiale de sa plateforme Rekor Command™ par les départements des transports dans Oklahoma, Kansas et le comté d'Umatilla, Oregon. Cette plateforme alimentée par l'IA permet une surveillance du trafic en temps réel et fournit des informations pour répondre aux incidents routiers jusqu'à 23 minutes plus rapidement que les méthodes traditionnelles. La technologie démocratise l'accès à une intelligence routière avancée, apportant des capacités de niveau urbain dans les zones rurales.

Rekor Command™ transforme les données brutes des routes en informations exploitables, permettant aux agences d'identifier et de répondre rapidement aux incidents, d'améliorer les délais de gestion des incidents de circulation, d'améliorer le flux de trafic et d'accroître la sécurité. L'expansion s'appuie sur le succès de Rekor au Texas et sur le déploiement de l'écosystème des véhicules connectés de l'Oregon, ouvrant de nouveaux marchés dans les zones rurales et favorisant la collaboration régionale.

Rekor Systems, Inc. (NASDAQ:REKR) hat die erste Einführung seiner Rekor Command™ Plattform durch die Verkehrsbehörden in Oklahoma, Kansas und Umatilla County, Oregon bekannt gegeben. Diese KI-gesteuerte Plattform ermöglicht eine Echtzeitüberwachung des Verkehrs und liefert Einblicke, um auf Straßenvorfälle bis zu 23 Minuten schneller als mit herkömmlichen Methoden zu reagieren. Die Technologie demokratisiert den Zugang zu fortschrittlicher Verkehrsintelligenz und bringt städtische Fähigkeiten in ländliche Gebiete.

Rekor Command™ verwandelt Rohdaten aus dem Straßenverkehr in umsetzbare Erkenntnisse, die es den Behörden ermöglichen, schnell Vorfälle zu identifizieren und darauf zu reagieren, die Zeitpläne für das Verkehrsmanagement zu verbessern, den Verkehrsfluss zu optimieren und die Sicherheit zu erhöhen. Die Expansion baut auf Rekors Erfolg in Texas und beim Einsatz des Connected Vehicle Ecosystems in Oregon auf und öffnet neue Märkte in ländlichen Gebieten, während sie die regionale Zusammenarbeit fördert.

Positive
  • Adoption of Rekor Command™ platform by DOTs in Oklahoma, Kansas, and Oregon, expanding market presence
  • Platform enables up to 23 minutes faster response to roadway incidents compared to traditional methods
  • Technology democratizes access to advanced roadway intelligence for rural areas
  • Expansion builds on success in Texas and Oregon's Connected Vehicle Ecosystem deployment
  • Opens new markets in rural areas for Rekor Systems
Negative
  • None.

Insights

Rekor's Command platform represents a significant leap in traffic management technology, leveraging AI and machine learning to transform raw roadway data into actionable insights. The platform's ability to detect events and respond up to 23 minutes faster than traditional methods is a game-changer for road safety. However, the real innovation lies in its democratization of advanced traffic management tools to rural areas, which typically lack such sophisticated systems.

The platform's integration of real-time monitoring, work zone safety features and weather-related alerts creates a comprehensive system that could significantly reduce accident rates and improve emergency response times. While the initial adoption in three states is promising, the true test will be in its scalability and ability to integrate with existing infrastructure across diverse geographical areas.

Rekor's expansion into Oklahoma, Kansas and Oregon signifies a strategic move to capture the rural and regional transportation market. This untapped segment presents significant growth potential for Rekor, as rural areas often lack advanced traffic management systems. The success in Texas likely served as a proof of concept, paving the way for this expansion.

The adoption by these states could trigger a domino effect, encouraging other rural areas to modernize their infrastructure. However, the company's growth in this sector will depend on its ability to demonstrate tangible benefits in terms of improved safety statistics and cost savings for these agencies. The long-term revenue potential from this market expansion could be substantial if Rekor can establish itself as the go-to solution for rural traffic management.

While this news is positive for Rekor's market expansion, its immediate financial impact may be The company hasn't disclosed the contract values or revenue projections from these adoptions. However, the long-term potential is significant if Rekor can leverage these initial deployments to secure more contracts across rural America.

Investors should monitor key performance indicators in future earnings reports, such as revenue growth, customer acquisition costs and retention rates in these new markets. The scalability of Rekor's platform will be important for profitability as it expands into less densely populated areas. While this move diversifies Rekor's customer base, it's important to note that rural agencies may have smaller budgets compared to urban centers, potentially impacting average contract values.

Rekor Command™ Platform Enables State, Regional, and Rural Transportation Agencies to step into the Future of Traffic Management with AI-Driven Event Detection, Response and Analytics

COLUMBIA, MD / ACCESSWIRE / August 7, 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 initial adoption of its industry-leading Rekor Command™ platform by Departments of Transportation (DOT) in Oklahoma, Kansas, and Umatilla County, Oregon. These agencies can now monitor traffic in real-time and leverage AI-driven insights in specific areas of these states to better inform and respond swiftly to potentially dangerous roadway incidents, up to 23 minutes faster than traditional approaches across urban and rural regions. The introduction of Rekor Command™ in Oklahoma, Kansas, and Oregon presents innovative capabilities to these regions, providing advanced roadway intelligence and situational awareness solutions typically only available in more urban centers. This democratization of access to Rekor's leading technology ensures unmatched proactive roadway safety, empowering states, regional, and rural areas with tools that significantly enhance their transportation infrastructure.

Rekor Command™ revolutionizes traffic management by providing transportation agencies a way to take command of their roadways with real-time, AI-driven event detection, roadway response, and advanced analytics. Using proprietary AI algorithms and technology, Rekor Command™ transforms raw roadway and mobility data into actionable insights, enabling customers to make informed, real-time, and predictive decisions at greater speed. Using Rekor Command™, agencies can more quickly identify and respond to incidents, enhance Traffic Incident Management (TIM) timelines, improve traffic flow, minimize the risk of secondary accidents, decrease operational costs, boost efficiency, and enhance safety for roadway users and emergency responders.

The expansion into Oklahoma and Kansas builds on Rekor's success in neighboring Texas, extending coverage, reach, and tools available to these additional DOT agencies and fostering similar growth. In Oregon, the Umatilla County deployment expands on Oregon DOT's Connected Vehicle Ecosystem deployment, a cutting-edge approach to delivering connected vehicle data insights across the state and supporting the DOT's Road Usage Charge efforts. This regional growth underscores Rekor's commitment to improving roadway management. It opens new markets for the company in rural areas, allowing these agencies to collaborate better and communicate to manage rural roads effectively. By providing visibility and insights that were previously out of reach, Rekor is enabling these agencies to optimize their traffic management and enhance public safety.

Dan Dorran, Umatilla County Commissioner in Oregon, stated, "The challenges we face as a local agency in rural Oregon are shared by many communities. Rekor's technology is pivotal in harnessing data and AI to digitize our roadways, helping us realize our vision of modernizing our transportation infrastructure. Rekor is setting a new standard for traffic management and public safety in rural areas across the U.S."

Rekor's President & CEO, David Desharnais, stated, "We are thrilled to see the adoption of Rekor Command in transportation agencies across Oregon, Kansas, and Oklahoma. The integration of Rekor in these states demonstrates the ability to drive tangible and significant benefits for state DOTs and across urban and rural communities, as well as connect digital infrastructure nationwide. By leveraging cutting-edge AI technology and applying it to modernizing national infrastructure, we are paving the way for smarter, safer, greener, and more proactive traffic management."

Highlights of Rekor Command Adoption:

  • Real-Time Traffic Monitoring: Instant alerts for various incidents, including accidents, road closures, and other disruptions.

  • Work Zone Safety: Automated notifications about ongoing construction activities and lane closures to minimize commuter inconvenience and enhance worker safety.

  • Weather-Related Alerts: Integration with meteorological data for effective road safety management during adverse weather conditions.

  • Emergency Notifications: Swift communication during emergencies and natural disasters, ensuring relevant stakeholders are informed promptly.

  • Comprehensive Data Integration: Leveraging Geographic Information System (GIS) integration to visualize incidents and closures on maps for better decision-making.

About Rekor Systems, Inc.

Rekor Systems, Inc., (NASDAQ:REKR) is a trusted global authority in developing and delivering roadway intelligence utilizing state-of-the-art AI and machine learning. Pioneering the implementation of digital infrastructure in our communities, Rekor is redefining infrastructure by collecting, connecting, and organizing the 'world's mobility data - laying the foundation for a digital-enabled operating system for the road. With our Rekor One™ Roadway Intelligence Engine at the foundation of our technology, we aggregate and transform trillions of data points into intelligence through proprietary computer vision, machine learning, and big data analytics that power our platforms and applications. Our solutions provide actionable insights that give governments and businesses a comprehensive picture of roadways while providing a collaborative environment that drives the world to be safer, greener, and more efficient. To learn more, please visit our website: https://rekor.ai, and follow Rekor on social media on LinkedIn, X (formerly Twitter), Threads and Facebook.

Forward-Looking Statements

This press release and its links and attachments contain statements concerning Rekor Systems, Inc. and its future expectations, plans, and prospects that constitute "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, including statements regarding the impact of Rekor's core suite of AI-powered technology and the size and shape of the global market for ALPR systems. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements that are not statements of historical fact may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," by the negative of these terms or by other similar expressions. You are cautioned that such statements are subject to many risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual circumstances, events or results may differ materially from those projected in the forward-looking statements, particularly as a result of various risks and other factors identified in our filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events, or otherwise.

Media & Investor Relations Contact:
Rekor Systems, Inc.
Charles Degliomini
ir@rekorsystems.com

SOURCE: Rekor Systems



View the original press release on accesswire.com

FAQ

What is the Rekor Command™ platform and how does it benefit transportation agencies?

Rekor Command™ is an AI-driven platform that provides real-time traffic monitoring and insights. It enables transportation agencies to respond to roadway incidents up to 23 minutes faster than traditional methods, improve traffic flow, enhance safety, and make data-driven decisions for better roadway management.

Which states have initially adopted Rekor Systems' (REKR) Command™ platform?

The Rekor Command™ platform has been initially adopted by Departments of Transportation in Oklahoma, Kansas, and Umatilla County, Oregon.

How does Rekor Command™ impact rural areas in terms of traffic management?

Rekor Command™ democratizes access to advanced roadway intelligence, bringing urban-level traffic management capabilities to rural areas. It provides real-time monitoring, AI-driven insights, and improved incident response times, enhancing safety and efficiency on rural roads.

What are the key features of Rekor Systems' (REKR) Command™ platform for traffic management?

Key features of Rekor Command™ include real-time traffic monitoring, instant alerts for incidents, work zone safety notifications, weather-related alerts, emergency notifications, and comprehensive data integration with GIS for visualizing incidents on maps.

Rekor Systems, Inc.

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