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Rekor Systems Stock Price, News & Analysis

REKR NASDAQ

Company Description

Introduction to Rekor Systems Inc.

Rekor Systems Inc. (NASDAQ: REKR) is a United States-based technology company specializing in roadway intelligence and AI-driven traffic management solutions. At the core of its operations lies a robust integration of artificial intelligence, computer vision, and machine learning, which drives its groundbreaking approach to vehicle identification, management, and roadway safety. As a pioneer in digital infrastructure, Rekor transforms raw, complex video data into actionable insights, thereby enhancing traffic safety, enabling efficient transportation management, and supporting modern urban mobility initiatives.

Core Technologies and Solutions

Rekor Systems Inc. develops and deploys state-of-the-art solutions that combine AI-enabled computer vision with big data analytics. The company’s flagship technology, the Rekor One™ Roadway Intelligence Engine, serves as the foundation for its array of products and services. This engine aggregates and transforms trillions of data points to deliver actionable intelligence on vehicle behavior, traffic patterns, and roadway conditions. Such robust capabilities support a spectrum of applications, ranging from license plate and vehicle recognition to comprehensive traffic and safety analytics.

Product Portfolio and Service Segments

Rekor operates primarily through two segments: Technology and Professional Services. Its technology suite includes:

  • Rekor Scout® Platform: A powerful, AI-driven solution that offers real-time vehicle and license plate recognition, transforming data from various IP and security cameras into critical insights for law enforcement and public agencies.
  • Rekor Discover®: A comprehensive platform that enables automated traffic analytics, vehicle classification, and urban mobility solutions, providing detailed information on traffic flows, vehicle types, and operational metrics.
  • Rekor Command® Platform: Engineered for real-time traffic monitoring and AI-powered event detection, this platform allows transportation agencies to optimize incident response and improve situational awareness across both urban and rural areas.
  • Rekor Edge Pro: An on-device AI solution designed for rapid license plate and vehicle recognition, ensuring accurate data collection even in challenging environmental conditions.

Additionally, Rekor extends its expertise to professional services, offering government contracting support. Services include market intelligence, strategic advisory, proposal development, and specialized staffing solutions that assist government agencies in transitioning to digital and AI-enhanced roadway systems.

Operational Excellence and Market Significance

Rekor Systems Inc. has established itself as a key player in the digital transformation of transportation infrastructure. Its suite of AI-powered solutions is widely adopted by government agencies, law enforcement bodies, and commercial enterprises throughout the United States and internationally. By deploying advanced sensors, on-device AI, and real-time data analytics, Rekor enables its customers to gain a comprehensive, forensic-quality view of roadway conditions. This capability not only facilitates proactive traffic management and improved public safety but also enhances the quality of data used for urban planning and infrastructure maintenance.

Innovative Approach to Digital Infrastructure

The incorporation of Rekor's AI-enabled platforms into existing infrastructure represents a significant departure from traditional traffic safety and management methodologies. Historically reliant on outdated technologies such as pneumatic tubes and induction loops, today's transportation agencies can now leverage Rekor's modern solutions to digitize their operations. The innovative blend of computer vision, machine learning, and cloud computing technology provides a reliable, scalable infrastructure that supports both immediate operational needs and long-term planning. Such a transformative approach is revolutionizing traffic management by facilitating faster incident detection, predictive analytics, and synchronized coordination between various stakeholders.

Competitive Landscape and Strategic Differentiators

In an increasingly competitive market, Rekor distinguishes itself through several strategic differentiators. Its proprietary technology platform, the Rekor One™ Roadway Intelligence Engine, is not easily replicated and integrates seamlessly with real-time data feeds. The company’s comprehensive focus on both hardware and software solutions allows it to address varied needs, from acute traffic management challenges to extensive urban mobility studies. Moreover, the dual emphasis on technological innovation and extensive professional services underscores its commitment to supporting customers holistically, ensuring that they are not only equipped with sophisticated tools but also armed with the advisory support necessary for effective implementation.

Use Cases Across Sectors

Rekor’s technology has broad applicability across multiple sectors:

  • Public Safety: Law enforcement agencies benefit from enhanced situational awareness through real-time alerts and detailed license plate recognition, supporting faster response times and improved security outcomes.
  • Traffic Management: Transportation departments leverage Rekor Command® and Rekor Discover® platforms to monitor roadway incidents, optimize traffic flows, and reduce congestion with precise, data-driven analytics.
  • Commercial Applications: Businesses, including parking enforcement operators and district management entities, utilize these advanced solutions to streamline operations, improve safety, and manage urban mobility effectively.
  • Government Contracting: Rekor’s specialized support services bolster government initiatives, helping agencies convert legacy systems into modern, digital infrastructures through targeted market intelligence and strategic advisory support.

The Road Ahead in Digital Transformation

Without making speculative statements, it is important to note that Rekor’s history of innovation and consistent investment in AI technology has significantly shaped its reputation in the industry. Its solutions contribute to safer roadways, better urban planning, and more efficient transportation ecosystems. As stakeholders around the globe continue to seek intelligent solutions that unite technology with public infrastructure, Rekor’s comprehensive approach reinforces its standing as a trusted provider of actionable roadway intelligence.

Conclusion

Rekor Systems Inc. has successfully merged state-of-the-art AI methodologies with the practical needs of traffic management and public safety. By transforming video feeds and sensor data into reliable insights, it supports agencies in improving real-time decision-making and long-term planning. This extensive portfolio of solutions not only modernizes traditional traffic systems but also lays the groundwork for a more connected, data-driven future in transportation management.

Stock Performance

$1.0000
+7.60%
+0.07
Last updated: April 25, 2025 at 11:06
-50.32 %
Performance 1 year
$84.3M
Market Cap
110.9M
Shares outstanding

SEC Filings

No SEC filings available for Rekor Systems.

Financial Highlights

$10,546,000
Revenue (TTM)
-$12,646,000
Net Income (TTM)
-$9,626,000
Operating Cash Flow
-119.91%
Net Profit Margin
-121.89%
Oper. Profit Margin
0.76
Current Ratio

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Frequently Asked Questions

What is the current stock price of Rekor Systems (REKR)?

The current stock price of Rekor Systems (REKR) is $0.9294 as of April 24, 2025.

What is the market cap of Rekor Systems (REKR)?

The market cap of Rekor Systems (REKR) is approximately 84.3M.

What is the revenue (TTM) of Rekor Systems (REKR) stock?

The trailing twelve months (TTM) revenue of Rekor Systems (REKR) is $10,546,000.

What is the net income of Rekor Systems (REKR)?

The trailing twelve months (TTM) net income of Rekor Systems (REKR) is -$12,646,000.

What is the operating cash flow of Rekor Systems (REKR)?

The operating cash flow of Rekor Systems (REKR) is -$9,626,000.

What is the profit margin of Rekor Systems (REKR)?

The net profit margin of Rekor Systems (REKR) is -119.91%.

What is the operating margin of Rekor Systems (REKR)?

The operating profit margin of Rekor Systems (REKR) is -121.89%.

What is the current ratio of Rekor Systems (REKR)?

The current ratio of Rekor Systems (REKR) is 0.76, indicating the company's ability to pay short-term obligations.

What is the operating income of Rekor Systems (REKR)?

The operating income of Rekor Systems (REKR) is -$12,854,000.

What is the core focus of Rekor Systems Inc.?

Rekor Systems Inc. specializes in AI-powered roadway intelligence, providing advanced vehicle recognition and traffic management solutions that transform video and sensor data into actionable insights.

How does Rekor generate revenue?

The company primarily generates revenue through its two business segments: technology solutions, such as AI-driven software and hardware platforms, and professional services, including government contracting support and strategic advisory services.

What industries benefit from Rekor Systems' solutions?

Rekor's solutions benefit a variety of sectors, including public safety, traffic management, commercial parking enforcement, and government agencies looking to modernize their digital infrastructure.

What are some of the key products offered by Rekor?

Key products include the Rekor Scout® Platform for real-time vehicle recognition, Rekor Discover® for traffic analytics and urban mobility, Rekor Command® for AI-driven event detection, and Rekor Edge Pro for on-device AI recognition.

How does Rekor differentiate itself from competitors?

Rekor differentiates itself with a unique combination of advanced AI algorithms, a comprehensive digital infrastructure platform, and a dual-segment business model that integrates both high-tech hardware solutions and specialized professional services.

Can Rekor's technology integrate with existing infrastructures?

Yes, Rekor's solutions are designed to integrate seamlessly with legacy systems, while transitioning transportation agencies from traditional methods to modern, streamlined AI-enhanced digital infrastructure.

Who are the primary customers of Rekor Systems Inc.?

The company primarily serves government transportation agencies, law enforcement bodies, and commercial enterprises that require real-time traffic monitoring, advanced vehicle recognition, and comprehensive roadway intelligence.

What role does artificial intelligence play in Rekor’s offerings?

Artificial intelligence is central to Rekor’s operations; it leverages AI-enabled computer vision, machine learning algorithms, and big data analytics to analyze real-time data, providing accurate insights that improve traffic safety and operational efficiency.