Rekor Systems Strengthens Leadership with Industry Expert Rish Malhotra as Executive Vice President of Global Strategic Growth
Rekor Systems (NASDAQ:REKR) has appointed Rish Malhotra as Executive Vice President of Global Strategic Growth. With over 20 years of experience in the Intelligent Transportation Solutions (ITS) sector, Malhotra will drive Rekor's strategic growth initiatives and expand market opportunities for its AI-powered transportation and traffic solutions.
Malhotra's expertise aligns with Rekor's vision to transition the industry from traditional traffic management methods to cutting-edge, AI-powered solutions. His role will be important in accelerating growth through strategic partnerships and channels, particularly as the ITS sector shifts towards digital infrastructure in roadway systems.
Previously, Malhotra served as President & CEO of International Road Dynamics Inc. and held board positions with ITS Canada and the International Society for Weigh-in-Motion. His appointment is expected to strengthen Rekor's leadership in roadway intelligence and drive the company's expansion in North America and global markets.
Rekor Systems (NASDAQ:REKR) ha nominato Rish Malhotra come Vicepresidente Esecutivo della Crescita Strategica Globale. Con oltre 20 anni di esperienza nel settore delle Soluzioni di Trasporto Intelligente (ITS), Malhotra guiderà le iniziative di crescita strategica di Rekor ed espanderà le opportunità di mercato per le sue soluzioni di trasporto e traffico alimentate dall'IA.
Le competenze di Malhotra si allineano con la visione di Rekor di transizionare l'industria dai metodi tradizionali di gestione del traffico a soluzioni all'avanguardia, alimentate dall'IA. Il suo ruolo sarà fondamentale per accelerare la crescita attraverso partnership strategiche e canali, particolarmente mentre il settore ITS si sposta verso infrastrutture digitali nei sistemi stradali.
In precedenza, Malhotra ha ricoperto il ruolo di Presidente e CEO di International Road Dynamics Inc. e ha avuto posizioni nel consiglio di ITS Canada e nella Società Internazionale per il Calcolo del Peso in Movimento. La sua nomina dovrebbe rafforzare la leadership di Rekor nell'intelligenza stradale e guidare l'espansione dell'azienda in Nord America e nei mercati globali.
Rekor Systems (NASDAQ:REKR) ha nombrado a Rish Malhotra como Vicepresidente Ejecutivo de Crecimiento Estratégico Global. Con más de 20 años de experiencia en el sector de Soluciones de Transporte Inteligente (ITS), Malhotra impulsará las iniciativas de crecimiento estratégico de Rekor y ampliará las oportunidades de mercado para sus soluciones de transporte y tráfico impulsadas por IA.
La experiencia de Malhotra se alinea con la visión de Rekor de hacer la transición de la industria de los métodos tradicionales de gestión del tráfico a soluciones de vanguardia impulsadas por IA. Su papel será importante para acelerar el crecimiento a través de asociaciones estratégicas y canales, especialmente a medida que el sector ITS se dirige hacia infraestructura digital en sistemas viales.
Anteriormente, Malhotra se desempeñó como Presidente y CEO de International Road Dynamics Inc. y ocupó cargos en el consejo de ITS Canadá y la Sociedad Internacional de Pesaje en Movimiento. Se espera que su nombramiento fortalezca el liderazgo de Rekor en inteligencia vial y impulse la expansión de la empresa en América del Norte y en mercados globales.
Rekor Systems (NASDAQ:REKR)는 Rish Malhotra를 글로벌 전략 성장 부사장으로 임명했습니다. 지능형 교통 솔루션 (ITS) 분야에서 20년 이상의 경험을 가진 Malhotra는 Rekor의 전략 성장 이니셔티브를 주도하고 AI 기반의 교통 및 교통 솔루션의 시장 기회를 확대할 것입니다.
Malhotra의 전문성은 Rekor의 비전과 일치하여 전통적인 교통 관리 방법에서 최첨단 AI 기반 솔루션으로 산업을 전환하는 데 도움을 줍니다. 그의 역할은 특히 ITS 부문이 도로 시스템에서의 디지털 인프라로 전환됨에 따라 전략적 파트너십 및 채널을 통해 성장을 가속화하는 데 중요합니다.
이전에 Malhotra는 International Road Dynamics Inc.의 회장 겸 CEO로 재직했으며 ITS 캐나다 및 국제 무게 변화 협회에서 이사회 직책을 맡고 있었습니다. 그의 임명은 Rekor의 도로 정보 부문에서의 리더십을 강화하고 북미 및 글로벌 시장에서 회사의 확장을 촉진할 것으로 기대됩니다.
Rekor Systems (NASDAQ:REKR) a nommé Rish Malhotra au poste de Vice-président exécutif de la croissance stratégique mondiale. Avec plus de 20 ans d'expérience dans le secteur des Solutions de transport intelligent (ITS), Malhotra sera responsable des initiatives de croissance stratégique de Rekor et étendra les opportunités de marché pour ses solutions de transport et de circulation alimentées par l'IA.
L'expertise de Malhotra est en adéquation avec la vision de Rekor de faire évoluer l'industrie des méthodes traditionnelles de gestion du trafic vers des solutions à la pointe de la technologie, alimentées par l'IA. Son rôle sera essentiel pour accélérer la croissance via des partenariats stratégiques et des canaux, surtout à mesure que le secteur des ITS s'oriente vers une infrastructure numérique dans les systèmes routiers.
Auparavant, Malhotra a occupé le poste de Président et CEO d'International Road Dynamics Inc. et a occupé des postes au conseil d'administration d'ITS Canada et de la Société internationale de pesée dynamique. Sa nomination devrait renforcer la position de leader de Rekor dans l'intelligence routière et favoriser l'expansion de l'entreprise en Amérique du Nord et sur les marchés mondiaux.
Rekor Systems (NASDAQ:REKR) hat Rish Malhotra zum Executive Vice President für globales strategisches Wachstum ernannt. Mit über 20 Jahren Erfahrung im Bereich Intelligente Verkehrslösungen (ITS) wird Malhotra die strategischen Wachstumsinitiativen von Rekor vorantreiben und die Marktchancen für seine KI-gestützten Verkehrs- und Transportlösungen erweitern.
Malhotras Expertise stimmt mit der Vision von Rekor überein, die Branche von traditionellen Verkehrmanagementmethoden zu modernen, KI-gestützten Lösungen zu transformieren. Seine Rolle wird wichtig sein, um das Wachstum durch strategische Partnerschaften und Kanäle zu beschleunigen, insbesondere da sich der ITS-Sektor hin zu digitaler Infrastruktur in Verkehrssystemen wandelt.
Zuvor war Malhotra Präsident und CEO von International Road Dynamics Inc. und hatte Vorstandspositionen bei ITS Canada und der International Society for Weigh-in-Motion inne. Seiner Ernennung wird voraussichtlich die Führungsposition von Rekor im Bereich Straßenintelligenz stärken und das Wachstum des Unternehmens in Nordamerika und globalen Märkten vorantreiben.
- Appointment of industry expert Rish Malhotra as EVP of Global Strategic Growth
- Potential for market expansion and new strategic partnerships
- Alignment with industry shift towards AI-powered solutions and digital infrastructure
- None.
Respected ITS Industry Veteran to Drive Channel Expansion in North America and Global Markets
COLUMBIA, MD / ACCESSWIRE / September 3, 2024 / Rekor Systems, Inc. (NASDAQ:REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the appointment of Rish Malhotra as Executive Vice President of Global Strategic Growth. With over 20 years of international management experience in the Intelligent Transportation Solutions (ITS) sector, Mr. Malhotra will drive Rekor's strategic growth initiatives, opening new routes to market for its AI-powered transportation and traffic solutions. His leadership will be pivotal in expanding market opportunities, enhancing operational efficiencies, and accelerating growth through strategic industry partnerships and channels.
"We are excited to welcome Rish Malhotra to the Rekor leadership team," said David Desharnais, President and CEO of Rekor Systems. "Rish brings a wealth of experience in the ITS industry that will be invaluable as we help our customers and partners transition from traditional traffic management and data collection methods to cutting-edge, AI-powered solutions. As the ITS sector continues its ongoing shift towards digital infrastructure in roadway systems, his recognized expertise will be instrumental in accelerating our growth and solidifying our leadership in roadway intelligence. Rish's proven track record in driving technological innovation aligns perfectly with our vision for the future as we harness the transformative potential of AI and machine learning across the transportation management and urban mobility sectors."
Mr. Malhotra's distinguished career includes his role as President & CEO of International Road Dynamics Inc., where he successfully led the international deployment of innovative technologies and safe, sustainable solutions in the ITS sector. As a Professional Engineer with extensive management experience and board positions with ITS Canada and the International Society for Weigh-in-Motion, Mr. Malhotra brings deep industry expertise and leadership to Rekor's senior management team, making him an invaluable asset in accelerating the Company's growth and achieving its long-term strategic vision.
"I am thrilled to join Rekor at such a pivotal time in the Company's growth," said Malhotra. "Rekor has established itself with leading technology and a commitment to delivering exceptional solutions, driving proven value for its customers and stakeholders in the Transportation Management and Urban Mobility sectors. We now have an incredible opportunity to expand our market presence, enhance operational efficiencies, and accelerate growth through new strategic industry partnerships and channels-positioning Rekor to lead the industry on a global scale. I look forward to working with the talented Rekor team to deliver innovative solutions, unlock the full potential of digital infrastructure, and set a new benchmark in transportation technology with our advanced AI-powered roadway intelligence solutions."
Rekor's solutions are leading a major transformation in the digitization of transportation and roadway infrastructure. The traffic management and data collection methods in use today rely almost exclusively on outdated technologies, such as pneumatic tubes, basic radar systems, induction loops, and embedded piezo sensors-technologies that were once cutting-edge but have long passed their prime. In his role, Mr. Malhotra will help drive market expansion efforts for this unprecedented technology refresh opportunity across North America and globally, accelerating the transportation industry's shift towards a modern, AI-powered approach.
About Rekor Systems, Inc.
Rekor Systems, Inc. (NASDAQ:REKR) is a leader in developing and implementing state-of-the-art roadway intelligence systems using AI-enabled computer vision and machine learning. As a pioneer in the implementation of digital infrastructure, Rekor is collecting, connecting, and organizing the world's mobility data - laying the foundation for a digitally-enabled operating system for the roadway. With our Rekor One® Roadway Intelligence Engine at the core 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 the Company's products and services. 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 risk 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@rekor.ai
SOURCE: Rekor Systems, Inc.
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