Rekor Systems (REKR) The 44th Annual William Blair Growth Stock Conference summary

Industry transformation and market drivers

• Roadway fatalities are the leading cause of death for ages 5–29, highlighting urgent infrastructure needs.

• 65% of U.S. roadways and 35% of bridges are structurally deficient due to chronic underinvestment.

• A convergence of AI, data, software, and IoT is driving a super cycle of transformation in transportation.

• Bipartisan Infrastructure Law injects $1.2 trillion, with $350 billion relevant to roadside modernization and analytics.

• Public demand and regulatory mandates are accelerating modernization and data-driven solutions.

Technology, solutions, and competitive edge

• Rekor One platform integrates data from vehicles, sensors, weather, and events, providing actionable insights.

• Three main platforms: Scout (public safety), Command (traffic management), and Discover (urban mobility/statistics).

• AI-driven analytics deliver up to 99.7% accuracy, outperforming legacy systems and human annotation.

• Device- and infrastructure-agnostic approach enables seamless integration with existing and legacy systems.

• Rekor Partner Network aggregates the largest roadside and mobility data set, connecting with both partners and competitors.

Customer impact and use cases

• Over 500 customers globally, with 96% gross revenue retention and average contract length of 5 years.

• Texas deployment led to 11-minute faster response times, 70% more incidents detected, and 29% reduction in secondary crashes.

• Solutions deliver significant operational savings, e.g., $8 million in Austin alone.

• Technology is trusted by both public and private sectors in 93 countries.

• Enables states to meet federal reporting mandates more efficiently and cost-effectively.