Rekor Systems is trading 5.53% up at $0.39 in pre-market on October 1, after Oregon DOT’s September 30 announcement that it intends to award the company a statewide connected in-vehicle alerts program.
- Anticipated value: $1.4 million over five years, subject to final contract negotiations and annual renewals after year two.
- Rekor Command and Driver Connect would deliver road-hazard alerts statewide; the move follows several declining closes and comes alongside an after-hours gain.