Summary
Rekor Systems, Inc., through its subsidiaries, develops and implements transformative mission-critical intelligent infrastructure solutions and services for transportation management, public safety, and commercial markets in the United States, Canada, and internationally. It offers Rekor One Traffic Management solutions, including software modules for roadway monitoring and response, an incident detection and management solution; traffic and infrastructure analytics to capture data for roadway and infrastructure analytics and planning; and live and archival traffic view for situational awareness of what is happening on roadways. The company also provides Rekor One Public Safety solutions comprising contactless compliance application that delivers a turnkey information and citation management solution to cities, states, and municipalities for primary and secondary offenses; Rekor scout that offers accurate license plate and vehicle recognition on any IP, traffic, or security camera, and can be subscribed to separately for use with existing camera or sensor systems; and Rekor blue, a smartphone app that retrieves accurate vehicle license plate number and state of registration, and automatically organizes information by sessions, capturing date, location, and timestamp for law enforcement. In addition, it offers Rekor CarCheck, an API of its vehicle recognition technology to respond with accurate license plate data, vehicle make, model, body type, and color for commercial applications; and AutoNotice, a cloud-based financial management application to record payments in the system and provide functionality to research, manage unapplied payments, and reconcile receipts. Further, the company provides hardware products, which includes Rekor Edge Series, a family of mountable vehicle recognition systems that seamlessly capture and process vehicle data. Rekor Systems, Inc. was founded in 2017 and is headquartered in Columbia, Maryland.
History
Rekor Systems was founded in 2016 and began trading on the Nasdaq Exchange in 2019 under the symbol REKR. The company has rapidly expanded over the past few years, using its proprietary artificial intelligence and machine learning solutions to target the transportation and public safety markets. Rekor has made numerous strategic acquisitions over the past year, including a commercial license to a patent-pending computer vision platform, an analytics platform, and an edge analytics platform.
Mission
Rekor Systems is dedicated to making transportation and public safety safer, more efficient, and more accessible through the use of innovative technologies, such as artificial intelligence and machine learning.
Vision
To become a world leader in the transportation and public safety markets by providing the most advanced, cutting-edge technologies.
Key Team
Mr. Charles A. Degliomini (Exec. VP of Gov. Relations & Corp. Communications)
Mr. Christopher Kadoch (Chief Technology Officer)
Mr. Mathew Anthony Hill (Chief Science Officer)
Ms. Debra Shakerdge-Hennessy (Chief People Officer)
Mr. Riaz Latifullah (Exec. VP of Strategic Program Devel.)
Mr. Bulent S. Ozcan C.F.A. (Director of Investor Relations)
Mr. Claud V. S. Eley (Outside Gen. Counsel)
Recognition and Awards
Rekor Systems has received praise from numerous industry analysts, including the Inc. 5000 Awards, the Small Business Achievement Award, and the Technology Fast 50 Award.
References