Northland Securities initiated coverage on Rekor Systems
$REKR
Telecommunications Equipment
Telecommunications
Northland Securities initiated coverage of Rekor Systems with a rating of Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/4/2024 | Outperform | William Blair |
William Blair initiated coverage of Rekor Systems with a rating of Outperform
Lake Street Capital initiated coverage of Rekor Systems with a rating of Buy
B. Riley resumed coverage of Rekor Systems with a rating of Buy and set a new price target of $26.00 from $21.50 previously
4 - Rekor Systems, Inc. (0001697851) (Issuer)
4 - Rekor Systems, Inc. (0001697851) (Issuer)
4 - Rekor Systems, Inc. (0001697851) (Issuer)
4 - Rekor Systems, Inc. (0001697851) (Issuer)
4 - Rekor Systems, Inc. (0001697851) (Issuer)
4 - Rekor Systems, Inc. (0001697851) (Issuer)
COLUMBIA, Md. , July 02, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) (the "Company), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the extension of its Rekor Command® contract with the Central Texas Regional Mobility Authority (Mobility Authority). The $1.4 million, 5-year agreement reflects the Mobility Authority's ongoing commitment to evaluate and deploy advanced technologies to enhance incident detection, accelerate response times, and improve roadway safety across Central Texas toll roads. Initially placed in service in 2021, Rekor Command® serves as a powerful force multiplier for the Mobility Authority's Tra
COLUMBIA, Md., June 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) (the "Company), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced a transformative deployment with a Sun Belt state transportation agency. As part of a new state initiative to upgrade its planning and operations capabilities, Rekor will deploy 150 Rekor Discover® systems under a one-year Data-as-a-Service contract valued at $1.2 million. The Company expects all 150 systems to be installed within 60 days. The program will enable the agency to use Rekor's Roadway Data-as-a-Service model to modernize traffic data collection and monitoring. The Rekor Disco
COLUMBIA, Md., June 03, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) (the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced it has been selected for a multi-year statewide contract by the Texas Department of Transportation (TxDOT). The award approves the implementation of Rekor Command®— the Company's advanced incident management and situational awareness platform, to enhance traffic operations, reduce congestion, and improve roadway safety. It includes an eight-figure blanket purchase order that pre-authorizes all TxDOT metropolitan, urban, and rural districts to immediately adopt the technology. Texas ope
8-K - Rekor Systems, Inc. (0001697851) (Filer)
8-K - Rekor Systems, Inc. (0001697851) (Filer)
8-K - Rekor Systems, Inc. (0001697851) (Filer)
Respected ITS Industry Veteran to Drive Channel Expansion in North America and Global Markets COLUMBIA, MD / ACCESSWIRE / September 3, 2024 / Rekor Systems, Inc. (NASDAQ:REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the appointment of Rish Malhotra as Executive Vice President of Global Strategic Growth. With over 20 years of international management experience in the Intelligent Transportation Solutions (ITS) sector, Mr. Malhotra will drive Rekor's strategic growth initiatives, opening new routes to market for its AI-powered transportation and traffic solutions. His leadership will be pivotal in expanding market opportunities
COLUMBIA, MD / ACCESSWIRE / March 4, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the addition of Anne Townsend to its Board of Directors ("Board") and her appointment as a member of the Board's Technology and Social Responsibility Committee. With a distinguished career spanning over two decades, Townsend brings unparalleled expertise in cybersecurity, smart cities, and urban transportation management to the Rekor Systems board of directors.As a Senior Principal Cybersecurity Engineer at The MITRE Corporation, Townsend has been at the forefront of cybersecurity an
COLUMBIA, MD / ACCESSWIRE / September 28, 2022 / Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that effective September 30, 2022, Rodney Hillman, Chief Operating Officer, will be leaving Rekor to pursue other ventures. The Company's current President, David Desharnais, will succeed Hillman in an expanded role as President and Chief Operating Officer."I wish to express my deep appreciation to Rod for his many years of service to our company," said Robert A. Berman CEO and Chair,
Gross Revenue: Quarterly gross revenue of $9.2 million, representing a 6% decrease from $9.8 million in 2024.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025, underscoring enhanced operational efficiency. COLUMBIA, Md., May 14, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the first quarter that ended March 31, 2025. "While our first quarter revenues showed a modest regression to $9.2 million due to various factors, our focus on operational efficiency has delivered considerable progress, reflected in a significant im
COLUMBIA, Md., April 23, 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 that it will release its financial results for the first quarter of 2025 on Wednesday, May 14, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: North America: Participant Di
Record Gross Revenue: Achieved record annual gross revenue of $46.0 million, representing a 32% increase from $34.9 million in 2023.Fourth Quarter Results: Gross revenue reached an all-time quarterly high of $13.3 million in Q4 2024, marking a 20% increase compared to Q4 2023.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $6.7 million in Q4 2023 to $4.7 million in Q4 2024, underscoring enhanced operational efficiency. COLUMBIA, Md., March 31, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the fiscal year that ended December 31, 2024. Throughout 2024, Rekor demonstrat
SC 13G/A - Rekor Systems, Inc. (0001697851) (Subject)
SC 13G - Rekor Systems, Inc. (0001697851) (Subject)
SC 13G/A - Rekor Systems, Inc. (0001697851) (Subject)