Rekor Systems Secures Its Largest Statewide, Multi-Year Contract with Georgia DOT, Valued at a Minimum of $50 Million Over the Contract's Full Term

Rhea-AI Summary

Rekor Systems (NASDAQ: REKR) won its largest statewide, multi-year contract with the Georgia Department of Transportation on Oct 7, 2025. The agreement is projected to generate over $50 million in revenue over its duration and can extend up to seven years, with cooperative purchasing across Georgia agencies potentially increasing the total value to more than $100 million. The contract deploys Rekor Discover® as a Data-as-a-Service platform to deliver FHWA-compliant traffic data, non-intrusive roadside installations, 24/7 remote monitoring, and AI analytics for vehicle classification, weigh-in-motion, incident detection, and safety insights. This award follows a June statewide TxDOT contract and aims to accelerate local adoption of Rekor technologies.

Positive

• Projected revenue of over $50 million
• Potential contract value exceeding $100 million
• Maximum term up to seven years
• Second statewide win after June TxDOT award
• FHWA-compliant traffic data via Rekor Discover

Negative

• Contract extensions and cooperative purchases occur at GDOT discretion
• Material value may realize over a multi-year (up to 7-year) timeline

Insights

Infrastructure Contract Analyst

Rekor won a multi-year Georgia DOT contract worth at least $50 million, potentially exceeding $100 million over up to seven years.

The agreement scales deployment of Rekor Discover and its Data-as-a-Service model by removing upfront hardware ownership and offering cooperative purchasing to Georgia agencies. The contract explicitly projects over $50 million in revenue and allows expansion to more than $100 million over a 7-year term, which should accelerate local adoption and recurring service revenues while reducing procurement friction.

Key dependencies and risks include GDOT exercise of optional term years and uptake by local agencies via cooperative purchasing; revenue realization depends on deployments and service rollouts. Monitor contract exercise milestones, adoption across Georgia municipalities, and any stated installation or performance timelines within the 7-year window as near‑term indicators of revenue ramp and operational scale.

Contract also permits cooperative purchasing across Georgia agencies, with the potential to increase the total contract value to more than $100 million over its 7-year term

Columbia, Md., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced its largest statewide contract to date, a multi-year award from the Georgia Department of Transportation (GDOT). The agreement accelerates the deployment of Rekor Discover and Data-as-a-Service, strengthens GDOT's modernization of traffic data collection, validation, and utilization, and delivers a smarter, safer, and more scalable approach to monitoring roadway conditions and enforcing safety standards across the state.

At GDOT's discretion, the full term of the statewide contract can extend up to seven years and is available for cooperative use by Georgia cities, counties, municipal planning organizations, and regional commissions through a procurement process that does not require separate competitive bids across the state. The agreement is projected to generate over $50 million in additional revenue throughout its duration, potentially increasing the total contract value to more than $100 million. This is expected to significantly accelerate the local adoption of Rekor technologies, as well as increase the overall contract value.

"Through Rekor, the department is transitioning to non-intrusive roadside equipment installations that do not require hardline connectivity. These installations improve count accuracy and add new capabilities. Rekor's technology has enabled GDOT to collect traffic data in areas that were previously inaccessible. This improves the safety of roadside technicians and the traveling public," said Eric Conklin, State Transportation Data Administrator, Office of Transportation Data, GDOT.

Mr. Conklin continued, "Coupled with the innovative, award-winning Data-as-a- Service contracting mechanism, this approach has largely eliminated the administrative overhead once needed to track device inventories across seven districts, procure, receive, and redistribute consumable supplies, inventory fleets of vehicles, track warranties and recalls, schedule maintenance and repairs, and validate invoices for thousands of count sites each month. Our efficiency and effectiveness have increased."

Expanding Rekor Discover® as a Data-as-a-Service Platform

"Through the GDOT, Rekor, and Drakewell partnership, GDOT, partner agencies, research facilities, and the public will have access to data and information that exceeds FHWA standards. These resources will improve public safety, inform pavement design, advance research, and keep Georgia at the leading edge of transportation," Mr. Conklin concluded.

At the core of this new contract is Rekor Discover®, Rekor's advanced Data-as-a-Service (DaaS) platform. This innovative system provides agencies with easier access to reliable, FHWA-compliant traffic data—without the costs and challenges associated with traditional methods.

Rekor's DaaS platform integrates all types of roadside detection, including vehicle classification, weigh-in-motion (WIM), and non-motorized detection, into a complete, managed, and turnkey solution. The system is provided and supported by a team with more than 30 years of extensive experience in advanced traffic sensing and roadway analytics.

Unlike traditional methods that require upfront hardware purchases and ongoing field maintenance, Rekor Discover® eliminates installation, ownership, and servicing responsibilities for the agency. Rekor manages all infrastructure and support, making high-quality traffic data easier to deploy, scale, and rely on.

"Rekor DaaS will provide GDOT and local agencies with essential planning data, including short-term and permanent traffic counts, classification, and weigh-in-motion with real-time overweight detection. It also provides operational and safety insights, including near-miss and vulnerable road user analysis, as well as automatic incident detection for wrong-way drivers, disabled vehicles, debris, fires, smoke, and low-visibility conditions. Integrated with Rekor Command®, these features help reduce incident detection times and enhance roadway performance," said Mark Phillips, General Manager, Rekor Systems.

Improving Safety and Enabling Smarter Roadway Decisions

A key benefit of Rekor's Discover® platform is its non-intrusive setup. Systems are installed alongside the roadside, not within it, which greatly reduces risks to field crews and minimizes traffic disruptions during installation and repairs. Along with 24/7 remote monitoring and AI-powered analytics, the platform offers accurate and timely data on vehicle volumes, types, speeds, and weights.

These insights support various public sector functions, including federal reporting, infrastructure planning, emergency response coordination, and real-time traffic management.

Another Major Win Following TxDOT Statewide Contract

The GDOT award marks Rekor's second major statewide contract in recent months. In June, Rekor secured a statewide blanket purchase order from the Texas Department of Transportation for the deployment of its Rekor Command® platform.

Together, these significant accomplishments underscore Rekor's growing momentum in helping transportation agencies modernize and enhance their data collection, enforcement, and roadway intelligence in the digital age.

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 contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Rekor Systems, Incthat involve substantial risks and uncertainties, including particularly statements regarding our future results of operations and financial position, business strategy, prospective products and services, timing and likelihood of success, plans and objectives of management for future operations and future results of current and anticipated products and services. These statements involve uncertainties, such as known and unknown risks, and are dependent on other important factors that may cause our actual results, performance, or achievements to be materially different from the future results, performance or achievements we express or imply. 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," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these terms or other similar expressions. These forward-looking statements speak only as of the date they are made and are subject to a number of risks, uncertainties and assumptions described under the sections in our Annual Report on Form 10-K for the year ended December 31, 2024 entitled "Risk Factors" and elsewhere in our Quarterly Report on Form 10-Q. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made in this Press Release and in other documents we file from time to time with the SEC that disclose risks and uncertainties that may affect our business. The forward-looking statements in this Press Release do not reflect the potential impact of any divestiture, merger, acquisition, or other business combination that had not been completed as of the date of this filing. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond our control, you should not rely on these forward-looking statements as predictions of future events. 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

FAQ

What is the value of Rekor's Georgia DOT contract (REKR) announced Oct 7, 2025?

The contract is projected to generate over $50 million and could exceed $100 million over its full term.

How long is the Georgia DOT contract term for REKR and when can it end?

The agreement can extend up to a seven-year term at GDOT's discretion.

What products will Rekor (REKR) deploy under the Georgia DOT contract?

Rekor will deploy Rekor Discover® DaaS platform with vehicle classification, WIM, and AI incident detection.

Will Georgia cities and counties be able to use the REKR statewide contract?

Yes; the contract permits cooperative purchasing for Georgia cities, counties, MPOs, and regional commissions.

How does Rekor's solution change installation and maintenance for GDOT?

Rekor's non-intrusive roadside installation removes upfront hardware ownership and reduces field maintenance responsibilities.

Does this Georgia contract affect Rekor's recent contract momentum?

Yes; the Georgia award follows a June statewide TxDOT contract, signaling growing statewide deployments.