Newsroom - Rekor Systems

Rekor Systems Completes Acquisition of Southern Traffic Services (STS)

Rekor announces that it has closed its acquisition of Southern Traffic Services. The acquisition is valued at up to $14.5 million, including earnouts, the final amount of which will be based on the achievement of certain performance metrics.

June 21, 2022

Press Release

Rekor Systems Platform Selected by Israel National Infrastructure Company for AI-driven Intelligent Infrastructure on Israel Highways

Rekor announces a joint program designating the Rekor One™ Traffic Management solution as the platform to drive data accessibility and improve traffic congestion and road safety on Israel's main coastal highway.

June 16, 2022

Press Release

Missouri DOT Selects Rekor Systems’ Advanced AI-Driven Solutions to Improve Highway Congestion and Reduce Traffic Fatalities

Rekor Systems has been selected to launch a multi-year program with the Missouri Department of Transportation (“MoDOT”) to not only make roads less congested and safer but also to help rid the state of severe traffic crashes.

June 9, 2022

Press Release

Rekor Systems to Present at Cantor Fitzgerald Technology ESG Conference, June 27-29, 2022, in Palo Alto, CA

Rekor Systems has been invited to present at the Cantor Fitzgerald (“Cantor Fitzgerald”) Technology ESG Conference, to be held at the Palo Alto Four Seasons, from June 27 through June 29, 2022.

June 7, 2022

Press Release

Rekor Systems, Inc. Reports First Quarter 2022 Financial Results

Rekor Systems, Inc. announced its unaudited financial results for the three-month period ended March 31, 2022. The potential acquisition of Southern Traffic Services is part of Rekor’s continued investment in solutions for traffic management.

May 16, 2022

Press Release

Rekor Systems to Acquire Southern Traffic Services (STS)

Rekor Systems, Inc. has entered into a Letter of Intent to acquire Southern Traffic Services ("STS"). STS is a recognized leader in traffic engineering and advanced traffic data collection technologies across public and private agencies.

May 16, 2022

Press Release