Rekor Secures $1.2M Contract to Advance AI-Powered Traffic Systems

Rekor Systems Inc. (NASDAQ:REKR) is one of the 7 most popular AI penny stocks under $5 to avoid. On June 6, 2025, the company announced a $1.2 million contract with a Sun Belt state transportation agency to deploy 150 Rekor Discover systems. The rollout—expected to be completed in 60 days—supports a new state initiative to enhance traffic planning and operations with Rekor’s Data-as-a-Service model.

Rekor Secures $1.2M Contract to Advance AI-Powered Traffic Systems

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These AI-powered roadside systems provide detailed, privacy-protected per-vehicle data while eliminating the need for intrusive road sensors. Compliant with Federal Highway Administration standards, the technology aims to modernize traffic monitoring while improving worker safety and reducing road disruptions.

According to Rekor leadership, the deployment represents a significant step in transforming legacy infrastructure into a scalable, global platform. With an expanding footprint in several U.S. states and growing international interest, Rekor is poised to lead a broader shift toward smarter traffic intelligence solutions.

Rekor Systems Inc. (NASDAQ:REKR) develops cutting-edge roadway intelligence solutions using AI, machine learning, and computer vision. Headquartered in the U.S., the company’s platforms power data-driven traffic planning and operations for government and commercial clients worldwide.

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Disclosure: None.