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.
Dauphin County, PA, District Attorney’s Office has chosen Rekor to provide vehicle recognition services to support five different law enforcement jurisdictions.
Rekor One™ is a new platform that will serve as a unifying source of roadway intelligence for government agencies across cities, counties and states. It will support community safety, intelligent roadways and revenue generation.
The redesigned OpenALPR.com sales channel gives quick access to both hardware and software vehicle intelligence solutions that enhance operations, automate tasks, and increase community safety. Sign up with just a credit card and a click!
Rekor 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.
Today, Rekor announced Rekor Go, a first-of-its-kind iOS and Android 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.
