Rekor Systems

Rekor Systems Overview

Rekor Systems, Inc., a technology company, provides intelligent infrastructure solutions for transportation management, public safety, and urban mobility markets in the United States, Canada, and internationally. It leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility. Rekor Israel was established in 2021 following the acquisition of Israeli startup Waycare Technologies. Waycare has developed a solution that uses artificial intelligence (AI) to aggregate and process data from various sources to help government agencies with crash prediction, congestion detection, as well as incident management and identification.

Latest News

Aug 9, 2021 · www.calcalistech.com

Growth-Positive

Traffic management startup Waycare acquired for $61 million by Rekor Systems

Israeli startup Waycare Technologies, which uses AI to aggregate and process data for aiding government agencies with crash prediction, congestion detection, and incident management, has been acquired by U.S. company Rekor Systems for $61 million. Waycares solution collates data from various sources including transportation agencies infrastructure, mobile apps, connected vehicles, weather analysis, and event management systems. Rekor, which provides real-time roadway intelligence, expects Waycares operations to enhance its recurring revenue base and contribute to its pipeline.

Acquired-by

Team Members

1

Employees: 11-50

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Locations

Yigal Alon St 55, Tel Aviv-Yafo, Israel

Columbia, MD, USA

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Rekor Systems Internal

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