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REKR News Highlights
- REKR's 30 day story count now stands at 5.
- Over the past 28 days, the trend for REKR's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- ROAD are the most mentioned tickers in articles about REKR.
Latest REKR News From Around the Web
Below are the latest news stories about REKOR SYSTEMS INC that investors may wish to consider to help them evaluate REKR as an investment opportunity.
US Road Conditions Are Reportedly Contributing To Fatalities Across The Country - Here's How This AI-Driven Solution Looks To Help
- United States roadways are reportedly in a state of disarray, especially when compared to other modern countries. According to the American Society of Civil Engineers (ASCE), the U.S. road infrastructure received a grade of "D" in their 2021 Infrastructure Report Card.
Rekor Discover Is A Highly Scalable AI-Driven Software That Can Transform Federally Required Traffic Data Collection
The use of outdated traffic data collection methods is a growing concern in the transportation industry. The reliance on pneumatic rubber tubes and metal sensing sensors not only requires traffic to be stopped for weeks at a time and creates pollution, but also puts workers in danger. In 2023, this is an issue that should have been addressed, yet antiquated methods are still prevalent.
Traffic Congestion Costs Commuters Valuable Time And Has A Heavy Economic Cost, Costing $120 Billion A Year - Is This Company's A.I. The Solution?
Renowned engineer and historian Henry Petroski recently released a book detailing the actual cost of poor infrastructure in the United States. According to Petroski, traffic congestion and the associated delays cost the U.S. economy over $120 billion annually. Another study showed that in 2022, U.S. traffic congestion resulted in the average driver spending 51 hours in traffic, equating to approximately $869 in lost time and increased pollution.
Rekor Systems, Inc. Reports First Quarter 2023 Financial Results
Rekor Systems, Inc (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company, a leader in providing innovative solutions that are making the world's roadways safer, greener and more efficient, today announced its financial results for the three months ended March 31, 2023.
Traffic Congestion Cost The U.S. $81 Billion In 2022 - America’s Roadways Need Better Management, And Rekor’s (NASDAQ: REKR) AI Could Be The Solution
- One of the primary goals - and biggest challenges - of Departments of Transportation (DOTs) and Traffic Management Centers (TMCs) is managing a good response time to traffic disruptions and incidents safely and efficiently.
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Traffic Congestion Cost The US Over $81 Billion In 2022 - One AI-Driven Company Reports Providing The Necessary Data Analytics To Facilitate Better Transportation and Greenhouse Gas Management
- In 2022, US traffic congestion resulted in the average driver spending 51 hours in traffic, equating to approximately $869 in lost time and increased pollution. Additionally, the average driver spent $134 more for fuel in 2022 than in 2021.
Rekor Systems to Announce First Quarter Fiscal 2023 Results
Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company and leader in providing the intelligent infrastructure solutions that are making the world's roadways safer, greener and more efficient, today announced that its financial results for the first quarter of 2023 will be released on Monday, May 15, 2023, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m.
Federal And State Gas Taxes Help Fund Infrastructure Projects, So What Happens As More Cars Become Electric?
In the United States, gas taxes are an instrumental part of infrastructure projects. The federal government and all 50 U.S. states impose gas taxes; the average state gas tax is about 31 cents a gallon. These taxes then get funneled into projects that help with road maintenance costs and other roadway-related infrastructure projects.
Wejo and Rekor Announce that Wejo has Joined the Rekor Partner Network to Revolutionize Incident Detection and Response Through Real-Time Connected Vehicle Data
MANCHESTER, England, April 25, 2023 (GLOBE NEWSWIRE) -- Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric, and autonomous vehicle data, and Rekor Systems (NASDAQ: REKR) ("Rekor"), today announced that Wejo has joined the Rekor Partner Network ("RPN"). The RPN is a global ecosystem of technology, data, and solution providers working together to provide the most comprehensive view of the world's roadway data and inte