Rekor Systems Secures Largest Multi-Year $100M Contract with Georgia DOT

Rekor Systems has secured its largest contract to date with the Georgia Department of Transportation (GDOT), a multi-year agreement potentially valued at over $100 million. The contract will accelerate the deployment of Rekor's AI-driven roadway intelligence technology, including non-intrusive roadside equipment that improves traffic data collection and safety without requiring hardline connectivity. This technology enables GDOT to gather traffic data in previously inaccessible areas, enhancing safety for roadside technicians and the traveling public. The contract, with an initial minimum value of $50 million, may extend up to seven years and allows cooperative use by various local government entities across Georgia without separate competitive bids. The deal is expected to significantly advance the adoption of Rekor's technologies statewide and generate substantial additional revenue for the company. Following the announcement, Rekor's shares rose notably, reflecting investor confidence in the company's growth prospects despite existing financial challenges.