COLUMBIA, MD - Rekor Systems, Inc. (NASDAQ:REKR), a company specializing in roadway intelligence technology, has recently won three new contracts in the public safety and licensing space, with a combined value of around $3M.
One of these contracts is an expansion of Rekor's existing partnership with PAVE Mobility, a parking technology firm that uses Rekor's Vehicle Recognition SDK for license plate and vehicle recognition in their parking compliance systems. Fred Bredemeyer, CEO of PAVE, highlighted the importance of Rekor's technology in the parking industry and expressed enthusiasm for the continued collaboration.
In Tennessee, the Mt. Juliet Police Department (MJPD) has chosen to extend their use of Rekor Scout®, an AI-driven public safety platform, for their Guardian Shield Program. The system, which features automatic license plate recognition (ALPR), is installed at key intersections to help officers in identifying vehicles linked to crimes. MJPD Deputy Chief of Police Tyler Chandler noted the platform's role in addressing the rise in vehicle burglaries by tracking offenders fleeing to the Mt. Juliet area from Nashville.
Additionally, a significant police department in Maryland, serving a population of over one million in the Washington DC metropolitan area, has also selected the Rekor Scout platform to enhance public safety.
Rekor Systems is recognized for its AI-enabled computer vision and machine learning technologies, which are integral to its Rekor One® Roadway Intelligence Engine. This engine processes vast amounts of data to provide insights for governments and businesses on roadway usage, aiming to create safer, greener, and more efficient environments.
The information for this article is based on a press release statement from Rekor Systems.
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