Rekor Systems, Inc. Class B (REKR)

In November 2025, Rekor Systems announced the resignation of CFO Eyal Hen and the appointment of Joseph Nalepa as his successor. In March 2026, the company reported its full-year 2025 results, highlighting a 5% year-over-year revenue increase and a 6% growth in recurring revenue, with the stock experiencing a decline the day after the announcement. Rekor Systems secured a patent for "Incident-Based" Data Retention in March 2026. In April 2026, Rekor Systems received a notice from Nasdaq regarding non-compliance with the minimum bid price requirement. In May 2026, Rekor Systems secured a $16.8 million contract with the Oklahoma District Attorneys Council, leading to a jump in shares. The company is scheduled to release its Q1 2026 financial results on May 11, 2026. The stock price as of May 8, 2026, was $0.87 per share, representing a decline of 14.41% from May 9, 2025, and has experienced volatility.

Rekor Systems emphasizes a recurring revenue model through software and data subscriptions to mitigate seasonal fluctuations in demand. While the company's strategy focuses on building a predictable revenue base, project-based work and installations can be influenced by external factors like weather or government spending cycles. The company's traffic services are deployed year-round.

Rekor Systems, Inc. specializes in AI-driven roadway intelligence solutions for public safety, urban mobility, and transportation management, operating within the Technology sector, specifically in the Software industry. The company provides real-time roadway intelligence through AI-driven decisions, transforming IP cameras into vehicle recognition devices. Major products and platforms include Rekor One®, Rekor Command®, Rekor Discover®, Rekor Scout®, Rekor AutoNotice, Rekor CarCheck, Edge Series, Numerus, iP360, Watchman, and Finder. The company also provides traffic services, including traditional and AI-driven traffic studies and traffic engineering services.

Rekor Systems, Inc. is headquartered in Columbia, Maryland, with additional offices in Texas, Colorado, Florida, and Israel. The company provides infrastructure solutions in the United States and internationally, with deployments and contracts in states such as Florida, New York, New Mexico, Phoenix, Georgia, Texas, Ohio, and Pitkin County, Colorado. The acquisition of All Traffic Data Services, LLC (ATD) in January 2024 expanded their data collection operations across the western U.S. and strengthened their presence in the Southeast.

Rekor Systems positions itself as a leader in roadway intelligence, committed to revolutionizing transportation systems. Positive sentiment has been associated with the company's operational improvements and focus on a recurring revenue model. However, the company's brand reputation has also faced challenges due to a significant share price slump and an auditor raising a "going concern" doubt in the company's 2025 annual report. Employee reviews show mixed sentiment.

Rekor Systems, Inc. has a mixed ownership structure comprising institutional, individual, and retail investors. As of May 8, 2026, there are 107 institutional owners and shareholders holding a total of 50,431,874 shares, with major institutional owners including Anson Funds Management LP, Vanguard Group Inc, and State Street Corp. Individual investors hold a significant portion, with Arctis Global LLC noted as the largest individual shareholder. Insiders collectively own shares, with CEO Robert Berman holding 3.1% as of August 2023.