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Stock impact report

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...

Rekor Systems, Inc. (REKR) 
Company Research Source: GlobeNewswire
COLUMBIA, 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 Transportation (SCDOT), received first place in the State Technology Innovation Award for deploying “virtual weigh stations” powered by Rekor technology and integrated with Drakewell. Rekor will receive an initial order of approximately $1 million related to this technology rollout, with more revenue expected as the program expands statewide. The system detects overweight vehicles in real-time traffic, focusing solely on correctly identifying overweight trucks for inspection. This also helps ensure compliant carriers stay on the move. Transportation agencies benefit from continuous weigh-in-mo Show less Read more
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