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Rekor Systems Soars 29% on Multi-Year TxDOT Contract Win
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jun 3, 2025 9:14 am ET1min read
Rekor Systems rise 29.09% in pre-market on June 3, 2025.
Rekor Systems has secured a significant contract with the Texas Department of Transportation (TxDOT). The multi-year agreement allows for the immediate deployment of Rekor Command, the company's advanced incident management and situational awareness platform, across Texas's extensive highway network.
The contract includes an eight-figure blanket purchase order, enabling TxDOT districts to implement Rekor Command. This platform has demonstrated a 159% improvement in incident detection, significantly enhancing traffic management and safety across the state.
The selection by TxDOT highlights Rekor Systems' technological capabilities and underscores the growing demand for advanced AI solutions in traffic management. This contract is expected to drive further growth and adoption of Rekor's technology in other states and regions.
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