Rekor has released a major update to its automatic license plate and vehicle recognition software, Rekor Scout™.
January 14, 2021
Rekor has released a major update to its automatic license plate and vehicle recognition software, Rekor Scout™, formerly known as Rekor Watchman.
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The State of Oklahoma has integrated the Rekor One™ platform across relevant state systems as part of the state’s Uninsured Vehicle Enforcement Diversion (UVED) Program.
Rekor announced the launch of Rekor Go, an application that brings the power of accurate vehicle recognition to the mobile devices of a broad array of commercial users. The app turns a smartphone into a handheld tool that identifies license plates.
Rekor Systems, Inc. President and CEO Robert A. Berman will be presenting at the 13th Annual LD Micro Main Event investor conference on Tuesday, December 15 at 10:20 AM ET.
Rekor has reported its unaudited financial results for the third quarter of 2020. Since January 2020, Rekor has been selected by various resellers and formed partnerships with various companies, including Mastercard® and White Castle®.
The State of Oklahoma will integrate the Rekor One™ platform across the state to provide vehicle information associated with uninsured motorists as part of the state’s Uninsured Vehicle Enforcement Diversion Program (“UVED Program”).
Rekor expects gross revenue to be above $2.1 million for Q3 of 2020, which represents more than 35% growth from the same quarter of 2019. Revenue for the nine months ended September 30, 2020, is expected to be approximately $6.4 million.
