Rekor Systems Soars 19.09% on Texas DOT Contract Win

On June 3, 2025, Rekor Systems surged 19.09% in pre-market trading, marking a significant rise in its stock price.

Rekor Systems has secured a major contract with the Texas Department of Transportation (DOT) to deploy its AI-powered traffic management platform, Rekor Command. This contract allows for the immediate implementation of the platform across Texas's extensive highway network. The platform has demonstrated a 159% improvement in incident detection, which is a critical factor in enhancing traffic safety and efficiency.

This contract win is a testament to Rekor Systems' technological advancements and its ability to deliver innovative solutions that meet the needs of state transportation authorities. The deployment of Rekor Command in Texas is expected to significantly reduce response times to traffic incidents, thereby improving overall traffic management and public safety.

Rekor Systems' selection for this statewide contract underscores the growing demand for AI-driven traffic management solutions. The platform's proven effectiveness in incident detection and response time reduction positions Rekor Systems as a leader in the traffic management technology sector. This contract win is likely to have a positive impact on the company's future growth and market position.