Rekor Systems (NASDAQ: REKR) has announced the expansion of its AI-driven traffic analytics technology with the New Mexico Department of Transportation (NMDOT) in Phase Two deployment. This follows the successful Phase One deployment in January 2024 and demonstrates the scalability of Rekor’s technology domestically and internationally. The technology, including Rekor Discover™ and Edge Series systems, offers a safer and more efficient alternative to traditional traffic analysis methods, such as rubber tubes and piezo sensors. By leveraging AI and high-resolution video streams, Rekor Discover™ provides accurate traffic data collection with easy installation and third-party deployment capabilities.
The expansion with NMDOT reflects the growing adoption of Rekor’s technology across multiple U.S. states and highlights the platform’s potential for international expansion. The third-party deployment model enables rapid scalability and reduces deployment costs, making it a key factor in Rekor’s successful market penetration. With the Phase Two deployment indicating strong product-market fit, Rekor Systems is poised for continued growth and recognition as a leader in modernizing traffic data collection for transportation planning.
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