Rekor Systems Soars 10.21% on $1.2M AI Contract

Rekor Systems' stock surged by 10.21% in pre-market trading on June 6, 2025, marking a significant rise in investor interest and confidence in the company's recent developments.

Rekor Systems has secured a $1.2 million contract with a Sun Belt state transportation agency to deploy 150 AI-enabled traffic monitoring systems. This contract is part of a one-year Data-as-a-Service agreement, which aims to modernize traffic data collection and monitoring by replacing outdated roadway sensors with advanced AI technology. The deployment is expected to be completed within 60 days, demonstrating Rekor's rapid deployment capabilities and operational efficiency.

The Rekor Discover® systems utilize AI-enabled roadside sensors that comply with Federal Highway Administration standards, eliminating the need for intrusive in-road devices. This technology not only improves safety by minimizing disruption and hazards associated with traditional traffic data collection methods but also allows for data collection in challenging traffic environments without disruption. The company's non-intrusive installation method eliminates road closures and reduces risks to workers, making it a safer and more efficient solution.

Rekor Systems' technology is already being adopted by multiple transportation agencies across various states, including Arizona, Colorado, Georgia, New Mexico, New York, Florida, and South Carolina. This growing adoption reflects significant momentum and potential for further market expansion, both domestically and internationally. The company's vision is to replace legacy traffic devices with scalable, AI-powered platforms that provide enhanced, actionable traffic insights globally.