New Mexico Department of Transportation Expands Use of Rekor Discover™ Through Pay-for-Data Distribution Model
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Rekor Systems, Inc. (NASDAQ: REKR) announced that the New Mexico Department of Transportation has expanded its use of Rekor Discover™ and Edge Series systems through a pay-for-data model. This follows a successful initial deployment in January 2024.
January 06, 2025 | 3:15 pm
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Rekor Systems has expanded its partnership with the New Mexico Department of Transportation, increasing the use of its technology through a pay-for-data model. This expansion could enhance revenue streams and market presence.
The expansion of Rekor's technology use by the New Mexico DOT suggests increased adoption and potential revenue growth for Rekor Systems. The pay-for-data model indicates a scalable business model, likely to positively impact REKR's stock price.
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IMPORTANCE 80
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