Press Releases

News and PR directly from Rekor Systems, Inc.
Rekor Systems Completes Major Debt Retirement

September 17, 2020

Rekor Systems Completes Major Debt Retirement

Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor") (“the Company”), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, announced today that the company is now substantially debt-free following the retirement of approximately $4.9 million in debt. The debt retirement eliminates all remaining short and long-term liability for Notes on the Company’s balance sheet, including accreted interest and all fees payable upon the retirement of the Notes. In addition, Matt Hill, Rekor’s Chief Science Officer, exercised 625,000 warrants stemming from the purchase of OpenALPR in March 2019.

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Rekor Announces ALPR Application for Commercial Users;  Puts Vehicle Recognition on Any Smart Phone

September 8, 2020

Rekor Announces ALPR Application for Commercial Users; Puts Vehicle Recognition on Any Smart Phone

Rekor Systems, Inc., (REKR) (“Rekor”) (the “Company”) a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, today announced Rekor Go, a mobile application that will bring the power of accurate Automatic License Plate Recognition (APLR) to commercial users in a broad array of markets later this fall.

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Mastercard Selects Rekor Systems to Enable Touchless Economy

September 2, 2020

Mastercard Selects Rekor Systems to Enable Touchless Economy

Rekor Systems, Inc, (REKR) (“Rekor”) (the “Company”) a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, today announced that Mastercard is integrating the Company’s subscription based Edge proprietary vehicle recognition technology into its AI Powered Drive Through Platform. Mastercard’s AI Powered Drive Through platform, provided in partnership with Rekor, can help major quick service restaurant brands transform their drive through or drive in interactions through vehicle recognition, voice ordering, and artificial intelligence.

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Rekor Systems to Present at SNN Network Virtual Investor Conference on August 6, 2020

August 3, 2020

Rekor Systems to Present at SNN Network Virtual Investor Conference on August 6, 2020

Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor") (“the Company”), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, announced today that it will be presenting at the SNN Network Virtual Investor Conference on August 6, 2020, at 11:30 AM EST. Robert A. Berman, CEO, will host the presentation and answer questions from investors.

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Rekor Systems, Inc. Reports Second Quarter of 2020 Financial Results

August 3, 2020

Rekor Systems, Inc. Reports Second Quarter of 2020 Financial Results

Rekor Systems, Inc, (REKR) (“Rekor”), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, today reported its unaudited financial results for the second quarter of 2020.

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Rekor Systems Announces Retirement of James K. McCarthy from the Board of Directors

July 24, 2020

Rekor Systems Announces Retirement of James K. McCarthy from the Board of Directors

Rekor Systems, Inc, (Nasdaq: REKR) (“Rekor”) “the Company”), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, announced today that James K. McCarthy has retired as the Chairman of the Board of Directors of Rekor Systems (the "Board") effective immediately.

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