Rekor Systems is trading at $0.31, up 11.51%, as contract announcements coincided with the gain; available reporting does not confirm they caused it.
- On October 28, Florida DOT raised the ceiling on its existing contract approximately 94%, from $4.9 million to $9.5 million. This is not committed revenue; use depends on additional funding and authorized work orders.
- The company announced a Southern Nevada transportation contract with potential value of approximately $1.54 million, including optional extensions.