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

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 term

Columbia, 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 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 can extend up to seven years and is available for cooperative use by Georgia cities, counties, municipal planning organizations, and regional commissions through a procurement process that does not require separate competitive bids across the state. The agreement is projected to generate over $50 million in additional revenue throughout its duration, potentially increasing the total contract value to more than $100 million. This is expected to significantly accelerate the local adoption of Rekor technologies, as well as increase the overall contract value.

"Through Rekor, the department is transitioning to non-intrusive roadside equipment installations that do not require hardline connectivity. These installations improve count accuracy and add new capabilities. Rekor's technology has enabled GDOT to collect traffic data in areas that were previously inaccessible. This improves the safety of roadside technicians and the traveling public," said Eric Conklin, State Transportation Data Administrator, Office of Transportation Data, GDOT.

Mr. Conklin continued, "Coupled with the innovative, award-winning Data-as-a- Service contracting mechanism, this approach has largely eliminated the administrative overhead once needed to track device inventories across seven districts, procure, receive, and redistribute consumable supplies, inventory fleets of vehicles, track warranties and recalls, schedule maintenance and repairs, and validate invoices for thousands of count sites each month. Our efficiency and effectiveness have increased."