Rekor Systems (NASDAQ:REKR) is a U.S.-based technology company specializing in real-time vehicle recognition solutions powered by artificial intelligence and machine learning. The company develops software and hardware systems that capture, analyze and store vehicle data—such as license plate images, make and model, color and vehicle characteristics—by leveraging advanced computer vision algorithms. Rekor’s platforms enable public safety agencies, transportation departments and private enterprises to automate vehicle identification, enhance situational awareness and improve operational efficiency.
The company’s flagship offering is a suite of intelligent camera and analytics products that include built-in license plate recognition (LPR) and vehicle attribute classification. Rekor Scout is an all-in-one camera solution designed for rapid deployment at checkpoints, toll plazas, parking facilities and critical infrastructure sites. Through integrations with its cloud-based data management system, users can access real-time alerts, conduct historical searches and generate customizable reports. In 2021, Rekor expanded its capabilities by acquiring OpenALPR, a pioneer in LPR technology, further broadening its global footprint and accelerating product development.
Founded in 2016 and headquartered in Cary, North Carolina, Rekor Systems serves a range of markets, including law enforcement, tolling authorities, private parking operators and smart-city projects. The company’s solutions are utilized across North America and select international regions, where they support traffic enforcement, crime prevention, parking management and logistics optimization. Rekor is governed by an experienced management team and board of directors with backgrounds in surveillance technology, software engineering and public sector contracting.
