Friday, November 15, 2024 | Baltimore, MD
Baltimore, MD
45°
Cloudy
FOLLOW US:

Meet the region’s fastest-growing public company

July 12, 2024

A local artificial intelligence company is banking on the surging demand for infrastructure improvements nationwide to continue its impressive growth.  Columbia-based company Rekor Systems Inc. (NASDAQ: REKR) creates machine learning technology that allows its customers to monitor traffic, capture vehicle descriptions and collect real-time roadway data. Rekor saw its revenue jump from $19.9 million in 2022 to $34.9 million in 2023 — a 75% bump.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.