Rekor Systems Awarded Patent for Algorithm that Detects Irregular Traffic Congestion

Rhea-AI Summary

Rekor Systems (NASDAQ:REKR) has been awarded U.S. Patent 11,100,793 B2 for an algorithm that detects irregular traffic congestion using AI-based predictive insights. This technology compiles historical and real-time data to identify unusual traffic patterns, allowing traffic management centers to respond effectively. The algorithm has shown success in pilot programs across the U.S., Israel, and Sweden, enhancing the ability to manage congestion caused by factors like construction and weather, while also minimizing environmental impacts.

Positive

• Awarded U.S. Patent 11,100,793 B2 for traffic congestion detection algorithm.
• Successful pilot programs in U.S., Israel, and Sweden indicate high efficacy in identifying irregular congestion.
• Helps traffic management improve planning for future infrastructure, potentially reducing environmental impact.

Negative

• None.

Algorithm helping cities take immediate and future action against dangerous traffic congestion during unexpected hours

COLUMBIA, MD / ACCESSWIRE / December 2, 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, has been awarded a patent for an algorithm that is helping cities take action against irregular traffic congestion with AI-based predictive insights. Irregular or non-recurring congestion refers to traffic congestion that is outside of the norm.

U.S. Patent number 11,100,793 B2, granted for the company's "System and Method for Detection and Quantification of Irregular Traffic Congestion," is an algorithm that takes historical and real-time data from internal and external sources and turns it into a time-based, dynamic model that identifies anomalies in traffic patterns. The company's technology then generates a warning for users, such as traffic management centers, to investigate the root cause of the anomaly and take action to address it.

"We have deployed this algorithm in our technology on behalf of city, state and regional governments in the U.S., Israel and Sweden, along with private sector organizations, to identify congestion that is unusual compared to normal periods of heavier traffic like rush hour or holiday travel," said Shai Maron, vice president of engineering, Rekor. "Results in pilot programs and other deployments consistently show significant increases in the identification of irregular congestion, which allows us to alert customers in real-time so they can take immediate action to alleviate it. It also helps them learn more about their instances of non-recurring congestion so they can better plan for future roadway and infrastructure improvements."

The algorithm can also be used to make highway systems more sustainable and manageable. Non-recurring congestion is most often caused by construction, inclement weather, crashes, and special events. Governments often address the issue with the unsustainable solution of widening roadways. By providing roadway managers with the ability to proactively identify the potential for congestion, the algorithm also helps them take steps to minimize the environmental impact in advance, relieving congestion more quickly and eliminating or significantly decreasing the need for lane widening.

For more information about the company's traffic management and other solutions, visit www.rekor.ai.

About Rekor Systems
Rekor Systems, Inc. (NASDAQ:REKR) is a trusted global authority on intelligent infrastructure providing innovative solutions that drive the world to be safer, smarter, and more efficient. As a provider of comprehensive, continuous, and real-time roadway intelligence, Rekor leverages AI, machine learning. and holistic data to support the intelligent infrastructure that is essential for smart mobility. With its disruptive technology, the Company delivers integrated solutions, actionable insights, and predictions that increase roadway safety. To learn more please visit our website: https://rekor.ai.

CONTACTS:
Media
Robin Bectel
REQ for Rekor Systems
rekor@req.co

Investors:
Bulent Ozcan
Rekor Systems, Inc.
ir@rekor.ai

SOURCE: Rekor Systems, Inc.

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FAQ

What is the significance of Rekor's new patent for traffic congestion detection?

Rekor's patent empowers cities with AI tools to identify and respond to irregular traffic congestion efficiently.

What does U.S. Patent 11,100,793 B2 cover?

It covers a system and method for detection and quantification of irregular traffic congestion using historical and real-time data.

How does Rekor's algorithm help reduce environmental impact?

By proactively detecting congestion, it minimizes the need for road widening, thus reducing environmental strain.

Where has Rekor deployed its traffic congestion detection technology?

The technology has been deployed in cities across the U.S., Israel, and Sweden.

What are the applications of Rekor's traffic management solutions?

The solutions assist in real-time congestion management and informed planning for future roadway improvements.