Company Description
Rekor Systems, Inc. (NASDAQ: REKR) is described in its public disclosures as a leader in developing and implementing roadway intelligence systems that use AI-enabled computer vision and machine learning. The company focuses on what it calls digital infrastructure, collecting, connecting, and organizing mobility data to support a digitally enabled operating system for the roadway. Rekor states that its technology aggregates and transforms large volumes of roadway and vehicle-related data into intelligence that can be used by governments and businesses.
According to multiple company press releases, Rekor’s technology stack is built around the Rekor One® Roadway Intelligence Engine. This engine uses proprietary computer vision, machine learning, and big data analytics to power various platforms and applications. The company states that these solutions are intended to provide actionable insights and a comprehensive picture of roadways, enabling a collaborative environment that supports safety, environmental, and efficiency goals.
Core technology and platforms
Rekor describes itself as using artificial intelligence and computer vision to analyze video and sensor data from roadways. The company’s disclosures reference platforms such as Rekor Command®, Rekor Discover®, and Rekor Scout™, as well as the Rekor One® engine at the core of its offerings. These platforms are associated with roadway intelligence, traffic management, and public safety use cases in the company’s communications.
Rekor Discover® is described in recent news as an advanced Data-as-a-Service (DaaS) platform that provides transportation agencies with traffic counts, classification, and weigh-in-motion data, along with planning, operational, and safety insights offered as a managed service. Company materials emphasize that Discover® is designed to deliver non-intrusive roadside detection and to supply traffic data that complies with Federal Highway Administration (FHWA) standards.
Rekor Command® is referenced in company updates as a roadway intelligence and traffic operations platform used by transportation agencies. It is associated with incident detection, operational visibility, and support for traffic operations centers. Rekor Scout™ is mentioned as an established platform within the company’s portfolio that supports public safety and related applications.
Roadway intelligence and digital infrastructure focus
Across its news releases, Rekor repeatedly characterizes itself as a global or leading participant in roadway intelligence. The company positions its technology as part of a broader shift toward AI-powered data fusion and digital infrastructure for transportation. By collecting and organizing mobility data, Rekor states that it is laying the foundation for a digitally enabled operating system for the roadway, which can support real-time operations and long-term planning.
Rekor’s systems are described as non-intrusive, with equipment installed alongside roadways rather than embedded in the pavement. The company highlights that this approach can reduce risks to field crews and minimize traffic disruption during installation and maintenance, while still providing detailed information on vehicle volumes, types, speeds, and weights.
Data-as-a-Service model and government partnerships
In its recent financial and operational updates, Rekor emphasizes a Data-as-a-Service (DaaS) business model. Under this model, transportation agencies obtain access to traffic and roadway intelligence data as a managed service, rather than owning and maintaining hardware themselves. Rekor indicates that this approach can reduce administrative overhead for agencies and simplify deployment, scaling, and maintenance of traffic data systems.
The company’s disclosures describe multi-year contracts and blanket purchase orders with state transportation departments. For example, Rekor reports a large statewide contract with the Georgia Department of Transportation (GDOT) centered on Rekor Discover® and DaaS, and a statewide blanket purchase order for Rekor Command® from the Texas Department of Transportation (TxDOT). Rekor also references deployments and initial installations with agencies such as Caltrans and other state-level transportation entities.
Public safety and automated license plate recognition
Rekor’s news releases describe the company’s work with vehicle recognition data, including automated license plate recognition (ALPR). The company reports that it has developed a technology framework and obtained a patent for encoding and anonymizing vehicle identification data at the point of collection. This framework is described as encrypting license plate and vehicle data so that identifying information remains protected and can only be accessed with lawful authorization.
Core elements of this framework, as outlined by Rekor, include immediate encoding of license plate and vehicle identification data, the ability to use deidentified information for legitimate purposes, and the release of identifying details only when appropriate legal documentation is provided. The company positions this approach as a way to address privacy and oversight concerns related to large-scale ALPR and vehicle recognition networks.
Rekor Labs and deepfake detection initiative
In addition to roadway intelligence, Rekor has announced plans for a subsidiary called Rekor Labs. According to company statements, Rekor Labs will focus on technology to identify synthetically created and modified media, often referred to as deepfake content. The company indicates that this initiative grew out of work done in response to government customer requests to verify traffic data videos.
Rekor describes Rekor Labs as targeting legal, personal, and commercial challenges associated with manipulated video, audio, and other media. The company has outlined potential applications across several verticals, including news media and journalism, social media platforms, government and security agencies, enterprise safety, and entertainment and film. Rekor states that Rekor Labs will operate separately from its core roadway intelligence platforms.
Capital markets activity and Nasdaq listing
Rekor Systems, Inc. is listed on The Nasdaq Stock Market under the trading symbol REKR, as noted in its SEC filings. The company has used various capital-raising mechanisms, including an at-the-market offering that it later terminated and an underwritten registered direct offering of units consisting of common stock and warrants. In an 8-K filing, Rekor describes entering into an underwriting agreement for an offering of units and issuing warrants with specified exercise terms.
The company’s filings and press releases also reference side letter arrangements with an institutional investor related to future equity offerings and restrictions on certain types of variable-rate transactions. These disclosures provide context for how Rekor manages its access to capital and structures its securities offerings.
Financial reporting and performance metrics
Rekor regularly reports its financial results through press releases and Form 8-K filings. The company highlights metrics such as revenue, cost of revenue, adjusted gross margin, loss from operations, EBITDA, and Adjusted EBITDA. It explains that EBITDA and Adjusted EBITDA are non-GAAP measures used by management and investors to evaluate performance and the company’s ability to service or incur debt, while noting that these measures should not be viewed as substitutes for GAAP metrics.
In recent quarters, Rekor has emphasized trends such as changes in adjusted gross margin linked to the mix of software versus service and hardware revenue, as well as reductions in operating expenses associated with cost containment efforts. The company also discusses the impact of factors such as weather conditions and project timing on revenue and margins.
Privacy, safety, and policy engagement
Beyond technology and financial results, Rekor’s communications describe engagement with policymakers and public safety agencies. The company presents its privacy framework for ALPR and vehicle recognition data as a way to support consistent privacy safeguards that can be implemented through administrative guidance, legislation, or procurement rules. Rekor indicates that public safety agencies can adopt this framework without disrupting current activities, while improving oversight and public confidence in ALPR programs.
Rekor also highlights how its roadway intelligence platforms can support public sector functions such as federal reporting, infrastructure planning, emergency response coordination, and real-time traffic management. Its non-intrusive detection systems and AI-powered analytics are positioned as tools to help agencies monitor road conditions, enforce safety standards, and manage incidents more effectively.
Stock and investor information
Investors researching REKR stock will encounter a company that describes itself as focused on AI-enabled roadway intelligence, digital infrastructure, and related data services. Rekor’s investor communications include regular earnings releases, conference calls, and the use of non-GAAP measures, with reconciliations provided in its filings. The company’s SEC disclosures also cover topics such as capital-raising agreements, warrant terms, and changes in key financial leadership roles.