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+4.05%
Close of 9 Nov 2026, in USD
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About Rekor Systems
From its filings with the US Securities and Exchange Commission
Rekor Systems is based in Columbia, Maryland and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker REKR. The SEC classifies its business as communications equipment, nec. In the fiscal year to 31 December 2025, it reported revenue of $48.5m and a net loss of $31.5m. At that date it held total assets of $85.4m and shareholders' equity of $42.9m.
Rekor is a roadway intelligence Company, working to modernize public safety, urban mobility, and transportation management through the development of cutting-edge solutions. By collaborating closely with public and private sector customers, we deliver mission-critical services and solutions that enable them to achieve their objectives effectively, while simultaneously building a new digital infrastructure operating system for roadways.
Our vision is to create safer, smarter, and more sustainable roadways and communities, improving the lives of citizens and the world around them. Our products and services collect, connect, and organize mobility data, making it more useful, and accessible, while providing actionable real-time insights to enable better decision-making. This provides our customers with significantly enhanced situational awareness, rapid response capabilities, risk mitigation strategies, and predictive analytics.
To implement this vision, we have developed a suite of interconnected AI-driven hardware and purpose-built software platforms. Powered by vast and diverse multi-modal datasets and proprietary AI technologies, these solutions deliver advanced roadway intelligence, enabling clients to more effectively monitor, manage, and optimize the movement of vehicles, traffic, and activities in and around roadways and communities with precision and sensitivity to privacy and environmental concerns.
Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Professional Services
- Listed since
- 28 Aug 2017
- Employees
- 233
- Website
- rekorsystems.com ↗
- Head office
- 7172 COLUMBIA GATEWAY DRIVE, COLUMBIA, MD, 21046
- Incorporated in
- DE
- Classification
- Communications Equipment, NEC
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Robert BermanChairman of the Board, Interim President, Chief Executive Officer, Executive Director, since 2016$672,286
- Mr. Joseph NalepaChief Financial Officer
- Mr. Paul De BaryLead Independent Director$348,907
- Mr. Steven CroxtonIndependent Director$180,657
- Mr. Glenn GoordIndependent Director$169,157
- Mr. David HanlonIndependent Director$180,407
- Mr. Andrew MeyersIndependent Director$327,157
- Prof. Sanjay SarmaIndependent Director$176,157
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 41
- Environment
- 47
- Social
- 35
- Governance
- 42
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Rekor Systems Inc has a strong technological infrastructure and innovative AI-powered solutions, allowing it to offer cutting-edge products and services in the field of vehicle recognition and intelligent transportation systems.
- The company's advanced software algorithms and machine learning capabilities provide accurate and reliable detection and analysis of images and data, enabling efficient traffic management, safety enforcement, and security applications.
- Rekor Systems Inc has established strategic partnerships with key industry players, enhancing its market position and enabling access to a broader customer base.
Weaknesses
- As a relatively small company, Rekor Systems Inc may lack the financial resources and market presence compared to larger competitors, potentially limiting its ability to invest in extensive research and development or scale its operations.
- The company's success heavily relies on the adoption and acceptance of its technology by government agencies, law enforcement, and transportation authorities, which could be affected by regulatory changes, resistance to change, or slow decision-making processes.
Opportunities
- The increasing global demand for improved traffic management, enhanced security, and smart city initiatives presents significant growth opportunities for Rekor Systems Inc's advanced solutions, allowing the company to expand its market reach and generate increased revenue.
- The integration of its AI-powered technology with existing surveillance systems and infrastructure can provide cost-effective solutions and facilitate seamless implementation for potential clients in various industries.
- Expansion into international markets and collaboration with global partners could further accelerate Rekor Systems Inc's growth and establish its presence in emerging economies, where demand for intelligent transportation systems is on the rise.
Threats
- The highly competitive nature of the intelligent transportation systems industry poses a threat to Rekor Systems Inc's market position, as larger and more established companies with greater resources and brand recognition may enter the market or offer similar solutions.
- Changes in government regulations, data privacy laws, or public perception regarding surveillance technologies could impact the adoption of Rekor Systems Inc's products, potentially leading to reduced demand or limitations on the use of its solutions.
- Technological advancements and the emergence of new competing technologies could quickly render Rekor Systems Inc's current solutions outdated, necessitating constant investment in research and development to stay ahead of the curve.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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