Rekor had advised Iteris, Inc. that it was prepared to offer to purchase all of Iteris' outstanding common stock.
Rekor has proven success delivering innovative technology to global clients in the government and commercial sectors to enable faster and more informed decisions.
Rekor has successfully enabled hundreds of organizations across countless industries to achieve their goals.
Rekor’s AI-driven hardware and software solutions provide unparalleled data, performance, and capability.
Rekor’s technology is deployed and operates in over 500 regions worldwide on over 9,000 lanes of traffic.
Rekor's AI-driven vehicle recognition allows retailers to conduct safe and efficient contactless transactions. Customized dashboards provide real-time customer insights to help drive personalized experiences and make businesses more profitable.
Rekor provides businesses and property managers with actionable, real-time data to enable informed decisions and automate operations. Through secure and intelligently integrated solutions, users can increase security, manage customer churn, and improve revenue opportunities.
With a client-base that includes the United States Department of Defense, Swedish Customs, major metropolitan cities, local law enforcement agencies, and more, Rekor's real-time intelligence helps municipalities and communities become smarter and more efficient while deterring and solving crimes.
State-of-the-art roadway intelligence is made possible by Rekor One. By serving multiple missions from a single source, Rekor One provides actionable data that helps cities, counties and states improve infrastructure, increase safety and generate revenue.
Rekor announced today that on February 20, 2021, it had advised Iteris, Inc. (ITI) that it was prepared to offer to purchase all of Iteris' outstanding common stock. The offer to Iteris was for a combination of cash and common stock.
The State of North Dakota Parks and Recreation Department has selected Rekor One™ to help state park leadership understand use patterns and plan for future needs.
Rekor has closed its underwritten public offering of 6,126,936 shares of its common stock, including 799,166 shares sold pursuant to the exercise in full of the underwriters' option to purchase additional shares.
