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Rekor Systems, Inc. reports developments in roadway intelligence technology for public safety, urban mobility and transportation management. The company’s updates center on software, hardware and data services that collect, connect and organize roadway and vehicle data for agencies and other customers, including traffic operations, incident management and uninsured vehicle enforcement applications.
Recurring news themes include financial results, public-sector contract activity, Rekor Command deployments, automatic license plate and vehicle recognition technology, privacy-oriented data retention processes and intellectual property for roadway data systems. Updates also cover product-focused operating changes and revenue mix across licensing, data collection, implementation, engineering, support and maintenance services.
Rekor (REKR) has terminated its two remaining long-term real estate leases in the United States and Israel, effective with a one-time cash payment in connection with the transaction.
The company will use approximately $2.8 million in cash to reduce about $10 million in outstanding lease obligations and remove related deposits, fixed assets, and right-of-use assets from its balance sheet. The terminations eliminate ongoing rent obligations under these agreements and are expected to generate more than $2 million in annualized savings. Rekor said this move reduces fixed costs, improves operating leverage, and aligns its operating footprint with business needs, supporting its plan for a leaner cost structure and progress toward sustainable profitability.
Rekor Systems (NASDAQ: REKR) is urging ALPR technology providers, law enforcement agencies, lawmakers, and civil-rights stakeholders to adopt a vendor-neutral, outcome-based Responsible ALPR Standard focused on privacy and evidentiary integrity.
According to Rekor, the framework should rest on three pillars: cryptographic protection of non-hotlist plate data with warrant-based re-identification; purpose- and severity-based retention policies for hotlist matches; and cryptographically verifiable video integrity from capture to courtroom use. Rekor calls for these requirements to be embedded in procurement, operating policies, and legislation to preserve ALPR’s public-safety value while protecting civil liberties.
Rekor Systems (NASDAQ: REKR) reported second quarter 2026 revenue of $12.7 million, up 23% sequentially and about 2% year over year, with recurring revenue rising 14% to $6.7 million. Adjusted gross margin expanded to 56% from 50% in Q2 2025, driven by a higher mix of software and recurring revenue.
Adjusted EBITDA loss narrowed to $1.2 million, a 79% improvement year over year, while Q2 income from operations reached $0.2 million, helped by a $2.8 million one-time lease remeasurement gain and lower operating expenses. For the first half, revenue grew 6% to $22.9 million and recurring revenue increased 21% to $13.3 million. Headcount decreased by 20% in the first half of 2026 and cash used in operating activities fell 61% year over year. Rekor ended Q2 with $10.0 million in cash and is evaluating options to refinance its Prime Revenue Sharing Notes as it continues to target Adjusted EBITDA profitability in the second half of 2026.
Rekor Systems (NASDAQ: REKR) announced that its GoSecure™ platform now supports cryptographic verification of recorded audio, extending its existing capture-time authentication from video to voice. The patent-pending capability embeds proof of authenticity directly into audio files, enabling independent verification without relying on custodians or chain-of-custody procedures.
According to Rekor, GoSecure’s audio feature is available now across the platform. The company is in advanced discussions with prospective launch partners and expects to finalize initial commercial terms during the third quarter, targeting customers such as law enforcement, courts, financial institutions, government entities, and transit agencies.
Rekor (NASDAQ: REKR) announced it has been selected by the South Carolina Department of Transportation (SCDOT) for a seven-year statewide contract to maintain, upgrade, and modernize SCDOT’s traffic count, vehicle classification, speed monitoring, and weigh-in-motion (WIM) network, with an expected potential value in excess of $22 million. The award remains subject to customary final contract negotiations.
Rekor will deliver a Data-as-a-Service model, owning and servicing AI-powered, non-intrusive roadside systems that generate FHWA-compliant data, real-time incident detection, and advanced WIM enforcement capabilities. At SCDOT’s discretion, the contract is open for cooperative purchasing by South Carolina cities, counties, and local agencies, which can order directly using the statewide contract.
Rekor Systems (NASDAQ: REKR) will release its fiscal second quarter 2026 financial results on Thursday, August 13, 2026, after market close. On the same day, the company will host an earnings conference call at 4:30 p.m. Eastern Time to review financial and operating results.
Participants in North America can join by dialing 877-407-8037 or +1 201-689-8037, with international toll-free access available via the published link. A live webcast will be accessible online, and a replay will be offered by phone using 877-660-6853 or 201-612-7415 with Access ID 13762046. The replay will remain available for two weeks, and an archived webcast will be posted under the Investors > Events & Presentations section of Rekor’s website.
Rekor Systems (NASDAQ: REKR) released preliminary, unaudited results for the second quarter ended June 30, 2026, expecting revenue of approximately $12.6 million, up about 22% sequentially and 2% year over year, adjusted Gross Margin of roughly 55%, and an adjusted EBITDA loss of about $1.3 million, a 78% year-over-year narrowing.
Rekor ended the quarter with around $10 million in cash and highlighted benefits from its 20% headcount reduction and consolidation of overseas engineering operations, previously estimated to reduce annual operating expenses by about $7.5 million, with several million dollars of additional efficiencies expected.
The company launched Go-Secure.Video and the Rekor Scout Axis Agent, is in discussions with several large potential partners, and, according to management, expects to achieve profitability on an adjusted EBITDA basis during the second half of 2026, assuming continued execution and cost discipline.
Rekor Systems (NASDAQ: REKR) released a white paper detailing its Privacy and Evidence Architecture for Responsible Vehicle Recognition. The framework aims to preserve automated license plate recognition (ALPR) public-safety benefits while addressing privacy, data retention, auditability, data-sharing, and video evidence integrity.
Rekor outlines default protection for non-relevant data, purpose-based retention policies, auditable access logs, and its Go-Secure.Video technology for authenticating and later validating video evidence.
Rekor Systems (NASDAQ: REKR) launched the Rekor Scout Axis Agent with Go-Secure.Video, a software agent that turns supported Axis cameras into vehicle-recognition sensors with cryptographically tamper-evident video. It enables license plate and vehicle recognition on existing Axis hardware, emphasizing video integrity, privacy, security, and flexible edge-cloud deployment.
Rekor (NASDAQ: REKR) launched Go-Secure.Video, a media authentication technology that cryptographically signs video at capture to prove authenticity or detect tampering. It embeds device, time, location, and a V-Chain into the bitstream and returns deterministic, evidence-grade verdicts via a validation portal.
The system is compliant with C2PA and ONVIF media signing standards and targets law enforcement, insurers, courts, commercial security operators, and camera/platform manufacturers. An iOS evaluation app is available via Apple TestFlight.