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Rekor Systems (REKR) Targets Opportunities in $30B Deepfake Detection Market
Yahoo Finance· 2025-10-28 14:06
Group 1 - Rekor Systems has entered the deepfake detection market by launching a new subsidiary, Rekor Labs, which will utilize AI and machine vision to identify synthetic media [1][2] - The deepfake detection technology aims to tackle the increasing legal, personal, and commercial challenges associated with manipulated content, with the market projected to exceed $30 billion in the next decade [2][3] - The rise in deepfake fraud has created complications in government security and surveillance, impacting criminal prosecutions and leading to potential fraudulent liabilities [3] Group 2 - Rekor Systems specializes in AI solutions that provide real-time roadway intelligence for public safety, transportation management, and urban mobility [4] - The company employs AI-enabled computer vision and machine learning to gather and analyze mobility data, assisting governments and businesses in making informed decisions [4]
REKOR SYSTEMS ANNOUNCES PLAN TO ENTER THE GLOBAL DEEPFAKE DETECTION MARKET
Globenewswire· 2025-10-23 11:00
Core Insights - Rekor Systems, Inc. is launching a new product through its subsidiary Rekor Labs to address the challenges posed by deepfake media, which is expected to grow the global deepfake detection market to over $30 billion in the next decade [2][3] Group 1: Product Development and Launch - Development of the new product began in 2023 in response to government requests for verifying federally mandated traffic data videos, highlighting the increasing prevalence of deepfake fraud in security and surveillance [3] - A full product launch is anticipated in the first half of 2026, with proof of concept and alpha milestones already completed [3] Group 2: Market Applications - Rekor Labs will target five key verticals: 1. News media and journalism to combat misinformation 2. Social media platforms to ensure content authenticity 3. Government and security agencies for securing evidence 4. Enterprise safety to prevent financial and workplace fraud 5. Entertainment and film to protect creative integrity [4][7] Group 3: Corporate Structure and Advisory - Rekor Labs is operating as an independent entity, and the company is exploring optimal corporate structures for its business, having engaged Moelis & Company LLC as its financial advisor [4]
Revolution Medicines, Disc Medicine, American Express And Other Big Stocks Moving Higher On Friday - American Express (NYSE:AXP), AppFolio (NASDAQ:APPF)
Benzinga· 2025-10-17 16:02
Core Insights - U.S. stocks experienced a mostly positive session, with the Dow Jones index increasing by over 150 points on Friday [1] Company Highlights - Revolution Medicines Inc (NASDAQ:RVMD) saw a significant share price increase of 11.2%, reaching $55.25, after the FDA granted a non-transferrable voucher for its drug daraxonrasib under the National Priority Voucher pilot program [1] - Disc Medicine Inc (NASDAQ:IRON) shares surged by 25.7% to $93.50 following the receipt of a Commissioner's National Priority Voucher from the FDA for bitopertin [4] - Liberty Energy Inc (NYSE:LBRT) reported a 23.4% increase in share price to $14.73 after announcing third-quarter results [4] - Solana Co (NASDAQ:HSDT) shares rose by 19.5% to $12.08 [4] - Sealsq Corp (NASDAQ:LAES) experienced a 14.4% increase, reaching $7.28 [4] - Rekor Systems Inc (NASDAQ:REKR) shares gained 13.3% to $2.94 [4] - Praxis Precision Medicines Inc (NASDAQ:PRAX) saw a 12.5% increase to $183.00 after announcing a $525 million public offering [4] - Sify Technologies Ltd (NYSE:SIFY) shares rose by 11.8% to $13.15 [4] - Kenvue Inc (NYSE:KVUE) increased by 8.4% to $15.30 [4] - Propetro Holding Corp (NYSE:PUMP) surged by 7.6% to $5.52 [4] - Owens & Minor Inc (NYSE:OMI) shares gained 6.7% to $4.90 [4] - American Express Co (NYSE:AXP) reported a 6% increase in share price to $342.57, surpassing analyst estimates for revenue and adjusted earnings per share [4] - AppFolio Inc (NASDAQ:APPF) shares increased by 4.7% to $233.90, with an upgrade from Keybanc analyst Jason Celino from Sector Weight to Overweight and a new price target of $285 [4]
Rekor Technology Powers South Carolina “Virtual Weigh Stations,” Wins State Technology Innovation Award, Establishing a Near 100 Percent Perfect Overweight-Truck Targeting Model That Other States Can Follow
Globenewswire· 2025-10-16 11:18
Initial order of ~$1 million, with more revenue expected as deployments expand across South Carolina and beyondCOLUMBIA, Md., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that South Carolina’s Office of Information Technology (OIT), working in collaboration with the South Carolina State Transport Police (STP) and the South Carolina Department of Transp ...
Novume(REKR) - 2025 Q3 - Quarterly Results
2025-10-14 11:05
[Form 8-K Filing Details](index=1&type=section&id=Form%208-K%20Filing%20Details) This section outlines the essential administrative and identification details of the Form 8-K filing for REKOR SYSTEMS, INC [General Information](index=1&type=section&id=General%20Information) This section provides the foundational details of the Form 8-K filing, including the registrant's identification, jurisdiction, and securities information | Detail | Value | | :--- | :--- | | Registrant Name | REKOR SYSTEMS, INC. | | Filing Type | FORM 8-K | | Date of Report | October 14, 2025 | | State of Incorporation | Delaware | | Commission File Number | 001-38338 | | Trading Symbol | REKR | | Exchange | The Nasdaq Stock Market | - The registrant is not an emerging growth company[2](index=2&type=chunk) [Financial and Regulatory Disclosures](index=3&type=section&id=Financial%20and%20Regulatory%20Disclosures) This section details the preliminary financial results for Q3 2025 and confirms their dissemination under Regulation FD [Item 2.02. Results of Operations and Financial Condition](index=3&type=section&id=Item%202.02.%20Results%20of%20Operations%20and%20Financial%20Condition) Rekor Systems, Inc. announced preliminary, unaudited financial results for the quarter ended September 30, 2025, including expected ranges for revenue, gross margin, and Adjusted EBITDA, ahead of its full Q3 2025 results release and investor call scheduled for November 13, 2025 - **Rekor Systems, Inc.** issued a press release on **October 14, 2025**, announcing preliminary, unaudited financial results for the quarter ended **September 30, 2025**[3](index=3&type=chunk) - The preliminary results include expected ranges for revenue, gross margin, and Adjusted EBITDA[3](index=3&type=chunk) - The company's full third-quarter **2025** results and related investor conference call are scheduled for **November 13, 2025**[3](index=3&type=chunk) [Item 7.01. Regulation FD Disclosure](index=3&type=section&id=Item%207.01.%20Regulation%20FD%20Disclosure) This section confirms that the financial information disclosed under Item 2.02 is being furnished pursuant to Regulation FD to ensure broad and non-selective dissemination of material information - The information from Item 2.02 is furnished pursuant to **Regulation FD**[5](index=5&type=chunk) - The purpose of this disclosure is to ensure broad and non-selective dissemination of material information[5](index=5&type=chunk) [Exhibits and Signatures](index=3&type=section&id=Exhibits%20and%20Signatures) This section details the exhibits included in the filing and confirms the official signature by the Chief Financial Officer [Item 9.01. Financial Statements and Exhibits](index=3&type=section&id=Item%209.01.%20Financial%20Statements%20and%20Exhibits) This section lists the exhibits accompanying the Form 8-K filing, primarily the press release detailing the preliminary financial results | Exhibit Number | Title | | :--- | :--- | | 99.1 | Press Release dated October 14, 2025 | | 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document) | [Signature](index=4&type=section&id=Signature) The report is officially signed by Rekor Systems, Inc. through its Chief Financial Officer, Eyal Hen, on October 14, 2025 - The report was signed on behalf of **Rekor Systems, Inc.** by **Eyal Hen**, Chief Financial Officer[9](index=9&type=chunk)[10](index=10&type=chunk)[11](index=11&type=chunk) - The signature date is **October 14, 2025**[11](index=11&type=chunk)
REKOR SYSTEMS EXPECTS Q3 2025 RECORD REVENUE, A SIGNIFICANT IMPROVEMENT IN ADJUSTED EBITDA AND GROSS MARGIN
Globenewswire· 2025-10-14 11:00
Q3 2025 results will be released Thursday, November 13, 2025, after market close. Company will host earnings call at 4:30 p.m. Eastern Time on the same dayCOLUMBIA, Md., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) a leader in developing and implementing state-of-the-art roadway intelligence, today announced its preliminary financial results for the third quarter ended September 30, 2025. The Company expects to report: Record quarterly revenue between $13.9 million and $14.3 millionA ...
Rekor Systems Announces Early Deployments with Caltrans and Texas DOT for Rekor Discover ®, Signaling Scalable Statewide Opportunities
Globenewswire· 2025-10-09 11:00
COLUMBIA, Md., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that the California Department of Transportation (CalTrans) and the Texas Department of Transportation (TxDOT), two of the largest transportation agencies in the United States, are now actively using Rekor Discover® through initial installations that pave the way for wider deployment. These de ...
Rekor Systems secures multi-year contract with Georgia DOT
Yahoo Finance· 2025-10-08 11:20
Rekor Systems (REKR) announced its largest statewide contract to date, a multi-year award from the Georgia Department of Transportation. The agreement accelerates the deployment of Rekor Discover and Data-as-a-Service, strengthens GDOT’s modernization of traffic data collection, validation, and utilization, and delivers a smarter, safer, and more scalable approach to monitoring roadway conditions and enforcing safety standards across the state. At GDOT’s discretion, the full term of the statewide contract ...
Rekor Systems Secures Its Largest Statewide, Multi-Year Contract with Georgia DOT, Valued at a Minimum of $50 Million Over the Contract's Full Term
Globenewswire· 2025-10-07 11:00
Contract also permits cooperative purchasing across Georgia agencies, with the potential to increase the total contract value to more than $100 million over its 7-year termColumbia, Md., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced its largest statewide contract to date, a multi-year award from the Georgia Department of Transportation (GDOT). The agree ...
Rekor: Turnaround Initiatives Are Beginning To Bear Fruit
Seeking Alpha· 2025-09-24 03:50
Market Overview - The current bull market is primarily driven by large-cap growth stocks, raising concerns about the sustainability of these gains [1] Analyst Background - Gary Alexander has extensive experience in covering technology companies and has worked in Silicon Valley, providing insights into industry trends [1] Contribution and Influence - Alexander has been a contributor to Seeking Alpha since 2017 and has been quoted in various web publications, indicating his influence in the investment community [1]