Rekor Systems announced its Urban Mobility division’s cutting-edge Rekor Discover platform has been chosen by the New Mexico Department of Transportation to conduct Federal Highway Administration 13 bin vehicle class, count and speed data reporting for a phase one statewide deployment. Each of the initial 40 systems features Rekor Edge Series units utilizing advanced Edge AI to aggregate, transform, and securely deliver holistic traffic insights in real-time to Rekor Discover. This agreement follows the Company’s standard MSRP pay-for-data pricing and the NMDOT will commence monthly payments as each system is brought online.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on REKR:
- Rekor Systems secures five-year traffic counting contract in Georgia
- Rekor Systems secures over $3M in public safety, licensing contracts
- Rekor Systems partners with Philadelphia Industrial Development Corporation
- Rekor Systems, Kistler partner on roadway intelligence
- Rekor Systems announces $2.1M contract expansion with TxDOT
