Rekor Systems Bags Patent for Privacy-Enhanced Traffic Management Technology for Roadway Intelligence
Portfolio Pulse from Benzinga Newsdesk
Rekor Systems, Inc. (NASDAQ:REKR) has been awarded a patent for a privacy-enhanced traffic management technology. This patent, titled 'Systems and Methods for Consolidated Traffic Monitoring with Privacy Protection,' introduces a multi-functional sensor that safeguards personally identifiable information (PII) while serving various applications.
May 22, 2024 | 11:34 am
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Rekor Systems has been awarded a patent for a privacy-enhanced traffic management technology, which could enhance its market position and drive future growth.
The new patent strengthens Rekor Systems' intellectual property portfolio and positions it as a leader in privacy-enhanced traffic management technology. This could attract new customers and partnerships, potentially driving up the stock price in the short term.
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