Rekor Systems Inc (REKR) 銘柄情報

REKR...$2.45...on the breakout...🥳...off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387660

Monday, January 06, 2025 9:46:26 AM

Post#
388055
of 388074
REKR...$2.00...Off my .86 Alert...🥳...COLUMBIA, Md., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, announced today that, as of December 31, 2024, it has fully satisfied the outstanding balance of $15 million under its August 2024 Prepaid Advance Agreement with an affiliate of Yorkville Advisors Global.

Eyal Hen, Rekor's Chief Financial Officer, commented, "This prepayment underscores our dedication to prudent financial management and shareholder value creation. By eliminating this obligation early, we have enhanced our balance sheet flexibility. This positions Rekor to better capitalize on strategic growth initiatives while maintaining a disciplined approach to capital allocation. We thank Yorkville for its partnership and appreciate its support in satisfying the Prepaid Advance Agreement ahead of schedule."

georgie18

Member Level
Re: georgie18 post# 1477

Monday, December 30, 2024 8:09:52 AM

Post#
1483
of 1489
REKR...$1.90...🥳...Hit $3.09 High off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387620

Friday, December 27, 2024 7:03:07 PM

Post#
387647
of 387659
REKR...$1.40...🥳...HOD...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1471

Friday, December 27, 2024 1:15:10 PM

Post#
1476
of 1476
REKR...$1.28s clearing here...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387547

Friday, December 27, 2024 8:25:18 AM

Post#
387585
of 387619
REKR...$1.18s clearing here 🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1469

Thursday, December 26, 2024 4:39:48 PM

Post#
1470
of 1471
REKR...$1.05...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387169

Wednesday, December 18, 2024 1:29:51 PM

Post#
387172
of 387546
REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...

georgie18

Member Level
Re: georgie18 post# 1467

Wednesday, December 18, 2024 1:23:47 PM

Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

REKR...$2.00...Off my .86 Alert...🥳...COLUMBIA, Md., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, announced today that, as of December 31, 2024, it has fully satisfied the outstanding balance of $15 million under its August 2024 Prepaid Advance Agreement with an affiliate of Yorkville Advisors Global.

Eyal Hen, Rekor's Chief Financial Officer, commented, "This prepayment underscores our dedication to prudent financial management and shareholder value creation. By eliminating this obligation early, we have enhanced our balance sheet flexibility. This positions Rekor to better capitalize on strategic growth initiatives while maintaining a disciplined approach to capital allocation. We thank Yorkville for its partnership and appreciate its support in satisfying the Prepaid Advance Agreement ahead of schedule."

georgie18

Member Level
Re: georgie18 post# 1477

Monday, December 30, 2024 8:09:52 AM

Post#
1483
of 1489
REKR...$1.90...🥳...Hit $3.09 High off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387620

Friday, December 27, 2024 7:03:07 PM

Post#
387647
of 387659
REKR...$1.40...🥳...HOD...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1471

Friday, December 27, 2024 1:15:10 PM

Post#
1476
of 1476
REKR...$1.28s clearing here...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387547

Friday, December 27, 2024 8:25:18 AM

Post#
387585
of 387619
REKR...$1.18s clearing here 🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1469

Thursday, December 26, 2024 4:39:48 PM

Post#
1470
of 1471
REKR...$1.05...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387169

Wednesday, December 18, 2024 1:29:51 PM

Post#
387172
of 387546
REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...

georgie18

Member Level
Re: georgie18 post# 1467

Wednesday, December 18, 2024 1:23:47 PM

Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

REKR............................https://stockcharts.com/h-sc/ui?s=REKR&p=W&b=5&g=0&id=p86431144783

rekr.........................https://stockcharts.com/h-sc/ui?s=rekr&p=W&b=5&g=0&id=p86431144783

rekr...........................https://stockcharts.com/h-sc/ui?s=rekr&p=W&b=5&g=0&id=p86431144783

$2.30

Another merry go round $1.70 + 70%

REKR...$1.90...🥳...Hit $3.09 High off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387620

Friday, December 27, 2024 7:03:07 PM

Post#
387647
of 387659
REKR...$1.40...🥳...HOD...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1471

Friday, December 27, 2024 1:15:10 PM

Post#
1476
of 1476
REKR...$1.28s clearing here...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387547

Friday, December 27, 2024 8:25:18 AM

Post#
387585
of 387619
REKR...$1.18s clearing here 🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1469

Thursday, December 26, 2024 4:39:48 PM

Post#
1470
of 1471
REKR...$1.05...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387169

Wednesday, December 18, 2024 1:29:51 PM

Post#
387172
of 387546
REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...

georgie18

Member Level
Re: georgie18 post# 1467

Wednesday, December 18, 2024 1:23:47 PM

Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

Coming down now $3 to $2 to $1.89 + 40% 

REKR OUT AS COMPANY DILUTES

rekr.................................https://stockcharts.com/h-sc/ui?s=rekr&p=W&b=5&g=0&id=p86431144783

REKR BLOWING UP

REKR NICE GAPUP AH TO THE ALL IMPORTANT 1.45 ON THE ASK

REKR...$1.40...🥳...HOD...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1471

Friday, December 27, 2024 1:15:10 PM

Post#
1476
of 1476
REKR...$1.28s clearing here...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387547

Friday, December 27, 2024 8:25:18 AM

Post#
387585
of 387619
REKR...$1.18s clearing here 🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1469

Thursday, December 26, 2024 4:39:48 PM

Post#
1470
of 1471
REKR...$1.05...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387169

Wednesday, December 18, 2024 1:29:51 PM

Post#
387172
of 387546
REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...

georgie18

Member Level
Re: georgie18 post# 1467

Wednesday, December 18, 2024 1:23:47 PM

Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

REKR...$1.28s clearing here...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387547

Friday, December 27, 2024 8:25:18 AM

Post#
387585
of 387619
REKR...$1.18s clearing here 🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1469

Thursday, December 26, 2024 4:39:48 PM

Post#
1470
of 1471
REKR...$1.05...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387169

Wednesday, December 18, 2024 1:29:51 PM

Post#
387172
of 387546
REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...

georgie18

Member Level
Re: georgie18 post# 1467

Wednesday, December 18, 2024 1:23:47 PM

Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

rekr..........................https://stockcharts.com/h-sc/ui?s=rekr&p=W&b=5&g=0&id=p86431144783

You joined me here...🥳

AI traffic management $1.30 + 26%

REKR IN PLAY

REKR...$1.18s clearing here 🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 1469

Thursday, December 26, 2024 4:39:48 PM

Post#
1470
of 1471
REKR...$1.05...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387169

Wednesday, December 18, 2024 1:29:51 PM

Post#
387172
of 387546
REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...

georgie18

Member Level
Re: georgie18 post# 1467

Wednesday, December 18, 2024 1:23:47 PM

Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

REKR...$1.05...🥳...Off my .86 Alert...

georgie18

Member Level
Re: georgie18 post# 387169

Wednesday, December 18, 2024 1:29:51 PM

Post#
387172
of 387546
REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...

georgie18

Member Level
Re: georgie18 post# 1467

Wednesday, December 18, 2024 1:23:47 PM

Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...

georgie18

Member Level
Re: georgie18 post# 1467

Wednesday, December 18, 2024 1:23:47 PM

Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

REKR...902...🥳...off my .86 Alert...

georgie18

Member Level
Re: None

Wednesday, December 18, 2024 11:01:34 AM

Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.

In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.

Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.

Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.

With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.

So what is happening here? We got some pretty bad numbers, we have some strange financing, yet we have a product and sales. We have a fancy looking website, and a relatively new CEO. Does anybody have insight into this company? Is it for real? I am a shareholder, albeit not a large one, but a shareholder just the same. Do I run and take my losses or do I hold on for the long haul? Only a decision I can make, but I would love to hear from others who know this company.

Any insight posted to this board would be wonderful! 


-Neb

Harris wins Vrnof goes up, trump wins Vrnof goes up, win or lose amendment 3 in Florida Vrnof goes up. Then scheduling goes from 1 to 3 Vrnof goes up. Maybe banking bill goes into effect then rocket ship

This is looking promising , seems like they have some new business? any feedback ?

CEO buying shares

They got another 15 million dollar dot contract in Texas

Oklahoma, Kansas dot and county in Oregon just the beginning

https://www.soundthinking.com/blog/investigative-benefits-of-license-plate-recognition/
Opportunities always lQQk bigger going than coming !

20 percent shorties will feel the pain soon with articus hedge fund stepping up

REKR...............................https://stockcharts.com/h-sc/ui?s=REKR&p=W&b=5&g=0&id=p86431144783

Will wait for the pop articus will make it happen

People investing in small caps again money has to follow

Nice stairway to heaven

Looks like sales going to pick up will see

http://openinsider.com/search?q=rekr
Opportunities always lQQk bigger going than coming !

REKR..............https://stockcharts.com/h-sc/ui?s=REKR&p=W&b=5&g=0&id=p86431144783

REKR................................https://stockcharts.com/h-sc/ui?s=REKR&p=W&b=5&g=0&id=p86431144783

Picked up more today thanks

Some games played here will see

REKR...................................https://stockcharts.com/h-sc/ui?s=REKR&p=W&b=5&g=0&id=p86431144783

Got a new patent today for Ai monitoring

http://openinsider.com/search?q=rekr
Opportunities Always lQQk bigger going than coming :~))

Looks like 7 million shares know the benefit and price of this deal that is going to happen.

Rekor joins MS2 to accelerate state Dot transition to digital infrastructure and AI based roadway intelligence. Only the beginning on this AI company. Cathy Woods Ark needs some of this. This was posted this am

REKR.........................https://stockcharts.com/h-sc/ui?s=REKR&p=W&b=5&g=0&id=p86431144783

Any chance you could post a link? I don't see them on Schwab or here on iHub. Thanks in advance!


-Neb

They where posted on Thursday night was on fidelity’s site