Monitor final contract execution and any subsequent state-level transportation awards as validation of Rekor's technology. The modest size limits near-term revenue impact, but follow-on renewals could provide recurring revenue visibility.
Price Chart
Executive Summary
Rekor Systems received an Intent to Award from the Oregon Department of Transportation for a statewide Connected In-Vehicle Alerts program valued at $1.4 million over five years. The contract is subject to final negotiations and annual renewals after year two, representing a modest but positive validation of Rekor's roadway intelligence platform.
Key Financial Metrics
Key Facts
- Oregon Department of Transportation issued an Intent to Award to Rekor for a statewide Connected In-Vehicle Alerts program.
- Anticipated contract value is $1.4 million over five years.
- Contract is subject to final negotiations and annual renewals after year two.
Financial Impact
$1.4 million over five years, subject to annual renewals after year two
Risk Factors
- Contract is not yet finalized and subject to negotiations.
- Annual renewals after year two introduce uncertainty beyond the initial period.
- Small contract value relative to company scale limits material revenue impact.
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3371779 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | Press Release | $0.3001 | awaiting T+20 | — | $0.2350 (+21.69%) |
Oct 19, 2026 7d ago | 8-K | $0.3000 | awaiting T+20 | — | $0.2350 (+21.67%) |
Oct 6, 2026 20d ago | DEFA14A | $0.3358 | awaiting T+20 | — | $0.2350 (−30.02%) |
Sep 30, 2026 26d ago | Press Release | $0.3691 | awaiting T+20 | — | $0.2350 (−36.33%) |
Sep 3, 2026 7w ago | Press Release | $0.5196 $0.3714 | ▼ −28.52% | ▼ −27.33% | $0.2350 (−54.77%) |
Aug 13, 2026 10w ago | 8-K | $0.7094 $0.4600 | ▼ −35.16% | ▼ −33.41% | $0.2350 (−66.87%) |
Aug 13, 2026 10w ago | Press Release | $0.7094 $0.4600 | ▼ −35.16% | ▼ −33.41% | $0.2350 (−66.87%) |
Jul 15, 2026 14w ago | 8-K | $0.6616 $0.6830 | ▲ +3.23% | ▲ +0.89% | $0.2350 (−64.48%) |
Jul 1, 2026 16w ago | Press Release | $0.7159 $0.6000 | ▼ −16.19% | ▼ −14.00% | $0.2350 (−67.17%) |
Jun 11, 2026 19w ago | Institutional Cluster | $0.7065 $0.6679 | ▼ −5.46% | ▼ −7.35% | $0.2350 (−66.74%) |
US Market Status
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