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Rekor Systems Awarded $1.4M Contract By Oregon Department Of Transportation For Connected In-Vehicle Alerts Program
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Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a provider of AI-powered roadway intelligence, today announced that the Oregon Department of Transportation (ODOT) has issued an Intent to Award to Rekor for its statewide Connected In-Vehicle Alerts program. The anticipated value is $1.4 million over five years, subject to final contract negotiations and annual renewals after year two.

The planned program would bring Rekor Command® and its Driver Connect feature to a statewide deployment, connecting ODOT's traffic information directly to drivers. It builds on the Company's existing Driver Connect deployment within the Las Vegas metropolitan region, which has delivered more than 1.18 million in-vehicle alerts across the Las Vegas metro area.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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