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Rekor terminates two leases, cuts $10M in liabilities

Thu, 03 Sep 2026 07:30:50 -0400

Rekor Systems, Inc. (NASDAQ: REKR) announced it has terminated its two remaining long-term real estate leases, one in the United States and one in Israel, according to a company press release.

The terminations are expected to deliver more than $2 million in annualized savings. Rekor will use approximately $2.8 million in cash to retire $10 million in outstanding lease obligations. Related deposit, fixed assets, and right-of-use assets will be removed from the company's balance sheet.

"Terminating these leases is another important step in executing our plan to optimize the business and structurally reduce our cost base," said Joseph Nalepa, Chief Financial Officer

Rekor Eliminates Approximately $10 Million in Liabilities and Generates More Than $2 Million in Annual Savings

Thu, 03 Sep 2026 07:30:00 -0400

Termination of two leases in the United States and Israel further reduces fixed costs and strengthens operating flexibility

COLUMBIA, Md., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), which builds trusted data, privacy, and security solutions for real-world video and sensor networks, today announced it has terminated its two remaining long-term real estate leases, one in the United States and one in Israel.

The terminations eliminate Rekor's ongoing rent obligations under the two agreements and are expected to deliver more than $2 million in annualized savings. The Company

Rekor Eliminates Approximately $10 Million in Liabilities and Generates More Than $2 Million in Annual Savings

Thu, 03 Sep 2026 07:30:00 -0400

Termination of two leases in the United States and Israel further reduces fixed costs and strengthens operating flexibility

The terminations eliminate Rekor's ongoing rent obligations under the two agreements and are expected to deliver more than $2 million in annualized savings. The Company

Rekor Systems calls for national ALPR data standard

Mon, 31 Aug 2026 07:30:36 -0400

Rekor Systems, Inc. (NASDAQ: REKR) has called on technology providers, law enforcement agencies, lawmakers, and standards organizations to adopt a common, vendor-neutral framework for the use of automated license plate recognition (ALPR) technology, according to a company statement.

The Columbia, Md.-based company outlined three pillars it says should form the basis of a responsible ALPR standard. The first would require that non-hotlist plate data be immediately protected with cryptographic encryption or tokenization, with re-identification permitted only upon receipt of a valid warrant or court order. The second calls for retention schedules tied to the purpose and severity of an alert rather

Rekor Systems Calls for a National Industry Standard to Preserve the Public-Safety Value of ALPR

Mon, 31 Aug 2026 07:30:00 -0400

Company urges ALPR technology providers, law enforcement agencies, and lawmakers to adopt three pillars: privacy-protected plate data, purpose-based retention, and verifiable video integrity

COLUMBIA, Md., Aug. 31, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a technology company developing trusted-data, privacy, security, and intelligence solutions for real-world transportation, public-safety, video, and sensor networks, today called on technology providers, law enforcement agencies, lawmakers, civil-rights stakeholders, and standards organizations to consider a common, vendor-neutral framework for the responsible use of automated license plate recognition ("ALPR").

Rekor believes the escalating conflict over ALPR

Rekor Systems Calls for a National Industry Standard to Preserve the Public-Safety Value of ALPR

Mon, 31 Aug 2026 07:30:00 -0400

Company urges ALPR technology providers, law enforcement agencies, and lawmakers to adopt three pillars: privacy-protected plate data, purpose-based retention, and verifiable video integrity

Rekor believes the escalating conflict over ALPR

Rekor Systems Calls for a National Industry Standard to Preserve the Public-Safety Value of ALPR

Mon, 31 Aug 2026 07:30:00 -0400

Company urges ALPR technology providers, law enforcement agencies, and lawmakers to adopt three pillars: privacy-protected plate data, purpose-based retention, and verifiable video integrity

Rekor believes the escalating conflict over ALPR

Rekor Systems Calls for a National Industry Standard to Preserve the Public-Safety Value of ALPR

Mon, 31 Aug 2026 07:30:00 -0400

Company urges ALPR technology providers, law enforcement agencies, and lawmakers to adopt three pillars: privacy-protected plate data, purpose-based retention, and verifiable video integrity

Rekor believes the escalating conflict over ALPR

Form DEFA14A Rekor Systems, Inc.

Fri, 28 Aug 2026 16:31:00 -0400

si-local-file:///var/storage/secattach/20260828/26998519.html

Form DEFA14A Rekor Systems, Inc.

Fri, 28 Aug 2026 16:31:00 -0400

si-local-file:///var/storage/secattach/20260828/26998519.html

Form 10-Q Rekor Systems, Inc. For: Jun 30

Thu, 13 Aug 2026 08:16:00 -0400

si-local-file:///var/storage/secattach/20260813/26916978.html

Form 10-Q Rekor Systems, Inc. For: Jun 30

Thu, 13 Aug 2026 08:16:00 -0400

si-local-file:///var/storage/secattach/20260813/26916978.html

Rekor Systems, Inc. (REKR) Tops Q2 EPS by 3c

Thu, 13 Aug 2026 08:09:22 -0400

Rekor Systems, Inc. (NASDAQ: REKR) reported Q2 EPS of $0.00, $0.03 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $12.7 million versus the consensus estimate of $13.06 million.

For earnings history and earnings-related data on Rekor Systems, Inc. (REKR) click here.

Rekor Systems Reports Second Quarter 2026 Financial Results