Expansion Demonstrates Scalability Domestically and Internationally
COLUMBIA, MD, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that the New Mexico Department of Transportation (NMDOT) has expanded its use of Rekor Discover™ and Rekor’s non-intrusive video-based Edge Series systems. This latest pay-for-data deployment, installed by an authorized third party, builds on the success of an initial Phase One deployment announced in January 2024.
Phase Two deployment marks a significant step forward, greatly expanding the presence of Rekor’s technology across New Mexico. Since its launch in 2023, Rekor Discover™ and Rekor’s Edge Series systems have continued to gain traction with leading transportation agencies across the U.S., including in Florida, Georgia, Colorado, Maryland, South Carolina, and New York, as well as in multiple other states that are at various stages of adopting or deploying the AI-driven traffic analytics technology. This continued growth underscores the platform’s increasing impact and implementation nationwide.
Rekor Discover™ and Rekor’s non-intrusive video-based Edge Series systems represent a significant advancement for transportation agencies, offering a safe, efficient, and effective alternative to traditional traffic analysis methods, such as rubber tubes and piezo sensors. These legacy technologies are prone to failure in harsh conditions. They often require digging into the roadway and disrupting traffic during installation or maintenance, contribute to pollution, and pose safety risks to workers who must deploy them directly onto roadways. Many roadway segments are also too dangerous or busy to deploy legacy methods for capturing traffic analytics, making them that much more important for transportation planning and maintenance.
By contrast, Rekor Discover™ leverages artificial intelligence done at the roadside with high-resolution video streams to capture highly accurate traffic data safely and efficiently. Rekor Discover™ and its Edge Series systems are designed for easy and rapid installation, allowing customers to gain access to insights easily and confidently and allowing 3rd parties to implement at roadside for states like New Mexico readily. This expansion confirms the success of the previous third-party deployments, showcasing the technology's ability to scale effectively through third parties across the United States and other international markets where traffic data collection is an essential tool for transportation planning.
“All 50 U.S. states and hundreds of Metropolitan Planning Organizations collect traffic data, including vehicle volume, speed, and classification, to monitor roadway usage and support infrastructure planning,” said David Desharnais, President and CEO of Rekor Systems. “The ability to meet this need through third-party installation and deployment is a critical step toward achieving domestic and global scalability. The NMDOT’s expansion reflects confidence in Rekor as a transformative solution for modernizing traffic data collection.”
Globally, many other countries also rely on traffic data collection to enhance roadway intelligence and transportation planning. The International Road Federation’s World Road Statistics includes data from over 60 countries, demonstrating the widespread practice of monitoring traffic volume and vehicle types. With its ability to scale through third parties, Rekor Discover™ is well-positioned to support these global efforts.
Rekor’s Phase Two deployment with NMDOT is a significant milestone, further establishing Rekor’s traffic analytics technology as a reliable, scalable solution for all transportation agencies aiming to improve roadway safety and decision-making through precise, actionable roadway data.
About Rekor Systems, Inc. Rekor Systems, Inc. (NASDAQ: REKR) is a leader in developing and implementing state-of-the-art roadway intelligence systems using AI-enabled computer vision and machine learning. As a pioneer in the implementation of digital infrastructure, Rekor is collecting, connecting, and organizing the world's mobility data – laying the foundation for a digitally-enabled operating system for the roadway. With our Rekor One® Roadway Intelligence Engine at the core of our technology, we aggregate and transform trillions of data points into intelligence through proprietary computer vision, machine learning, and big data analytics that power our platforms and applications. Our solutions provide actionable insights that give governments and businesses a comprehensive picture of roadways while providing a collaborative environment that drives the world to be safer, greener, and more efficient. To learn more, please visit our website: https://rekor.ai, and follow Rekor on social media on LinkedIn, X (formerly Twitter), Threads, and Facebook.
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Media & Investor Relations Contact:
Rekor Systems, Inc. Charles Degliomini ir@rekor.ai
CONTACT: Rekor Systems, Inc. Charles Degliomini ir@rekor.ai
