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Corporation
rekorsystems.com

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Partners & Customers

10

About Rekor Systems

Rekor Systems (NASDAQ:REKR), a Delaware company, is the parent organization of Maryland-based Rekor Recognition Systems. Rekor provides advanced vehicle recognition systems, powered by its innovative OpenALPR software, which dramatically improve the accuracy of license plate reads and also identify the make, model and color of vehicles. Rekor's products can be used for law enforcement, security and surveillance, electronic toll collection, parking operations, banking and insurance, logistics, traffic management and customer loyalty. Rekor's solutions include mobile and fixed license plate readers, "Move Over" law enforcement, school bus stop-arm enforcement, red light and speed enforcement, parking enforcement and citation management. Rekor's applications and solutions are intelligent, flexible, and leading the next generation of ALPR.

Rekor Systems Headquarter Location

7172 Columbia Gateway Drive Suite 400

Columbia, Maryland, 21046,

United States

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Latest Rekor Systems News

Rekor Systems stock gains on multimillion dollar contract from Florida DOT

Jul 26, 2022

Rekor Systems (NASDAQ: REKR ) shares popped 4% pre-market on Tuesday after the AI technology firm won a five-year multimillion dollar contract from the Florida DOT Office of Transportation Data and Analytics. The contract will leverage Rekor's technology to detect bicycles and pedestrians in support of FDOT's goal of improving safety and mobility for all road and trail users. It covers hardware, software and data collection services for the State's Non-Motorized Count Station Installation and Maintenance Services. Rekor subsidiary Southern Traffic Services ( STS ) is executing the contract. Recommended For You

Rekor Systems Acquisitions

2 Acquisitions

Rekor Systems acquired 2 companies. Their latest acquisition was WayCare Technologies on August 09, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/9/2021

Other

$99M

$10.07M

Acquired

4

3/13/2019

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$99M

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10

Date

8/9/2021

3/13/2019

Investment Stage

Other

Companies

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Valuation

$99M

$99M

Total Funding

$10.07M

Note

Acquired

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Sources

4

10

Rekor Systems Partners & Customers

10 Partners and customers

Rekor Systems has 10 strategic partners and customers. Rekor Systems recently partnered with Alliance Technology Group on March 3, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

3/9/2020

Client

United States

Alliance Technology Group Chooses Rekor for Vehicle Recognition Solutions in Commercial and Governmental Markets Nationwide - Rekor Recognition Systems

Rekor Systems , Inc. , a Nasdaq company focused on bringing smarter , faster , cost-competitive solutions to the worlds of smart cities , public safety and customer experience , announced today it has been chosen by Alliance , a leader in purpose built solutions targeted at the most demanding IT challenges , headquartered in Hanover , MD , to provide Rekor Systems , Inc. 's vehicle recognition solutions to commercial and governmental markets nationwide .

1

2/26/2020

Client

United States

Client Base Following Comprehensive Evaluation - Rekor Recognition Systems Brite Selects Rekor to Provide Industry Leading Vehicle Recognition Solutions to Its U.S.

Brite previously partnered with Motorola Solutions for ALPR and has now selected Rekor Systems , Inc. 's vehicle recognition solution to meet the current and future needs of its customers .

1

2/11/2020

Licensee

Canada

Rekor Selected by SecurePark Technologies to Deploy Cutting Edge Parking Management Solutions - Rekor Recognition Systems

Rekor Systems , Inc. , a Nasdaq company focused on bringing smarter , faster , cost-competitive solutions to the worlds of public safety and customer experience , announced today it has signed a licensing agreement with SecurePark to enable the resale of Rekor Systems , Inc. 's cutting edge iP360 & Permit Management Software Suite .

1

12/12/2019

Client

United States

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10

11/4/2019

Client

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10

Date

3/9/2020

2/26/2020

2/11/2020

12/12/2019

11/4/2019

Type

Client

Client

Licensee

Client

Client

Business Partner

Country

United States

United States

Canada

United States

News Snippet

Alliance Technology Group Chooses Rekor for Vehicle Recognition Solutions in Commercial and Governmental Markets Nationwide - Rekor Recognition Systems

Rekor Systems , Inc. , a Nasdaq company focused on bringing smarter , faster , cost-competitive solutions to the worlds of smart cities , public safety and customer experience , announced today it has been chosen by Alliance , a leader in purpose built solutions targeted at the most demanding IT challenges , headquartered in Hanover , MD , to provide Rekor Systems , Inc. 's vehicle recognition solutions to commercial and governmental markets nationwide .

Client Base Following Comprehensive Evaluation - Rekor Recognition Systems Brite Selects Rekor to Provide Industry Leading Vehicle Recognition Solutions to Its U.S.

Brite previously partnered with Motorola Solutions for ALPR and has now selected Rekor Systems , Inc. 's vehicle recognition solution to meet the current and future needs of its customers .

Rekor Selected by SecurePark Technologies to Deploy Cutting Edge Parking Management Solutions - Rekor Recognition Systems

Rekor Systems , Inc. , a Nasdaq company focused on bringing smarter , faster , cost-competitive solutions to the worlds of public safety and customer experience , announced today it has signed a licensing agreement with SecurePark to enable the resale of Rekor Systems , Inc. 's cutting edge iP360 & Permit Management Software Suite .

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Sources

1

1

1

10

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Rekor Systems Team

1 Team Member

Rekor Systems has 1 team member, including former Chief Marketing Officer, Susan Crandall.

Name

Work History

Title

Status

Susan Crandall

Chief Marketing Officer

Former

Name

Susan Crandall

Work History

Title

Chief Marketing Officer

Status

Former

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