Rekor secures $1.2 million contract to deploy AI-powered traffic systems for Sun Belt state
From Yahoo Finance: 2025-06-24 18:30:00
Rekor Systems Inc. (NASDAQ:REKR) secures a $1.2 million contract with a Sun Belt state transportation agency to deploy 150 Rekor Discover systems, supporting traffic planning and operations. The AI-powered roadside systems provide per-vehicle data while complying with Federal Highway Administration standards, aiming to modernize traffic monitoring and enhance worker safety.
Rekor’s deployment is a significant step in transforming legacy infrastructure into a scalable global platform, leading the shift towards smarter traffic intelligence solutions. The company develops cutting-edge roadway intelligence solutions using AI, machine learning, and computer vision, serving government and commercial clients worldwide.
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Read more at Yahoo Finance: Rekor Secures $1.2M Contract to Advance AI-Powered Traffic Systems