Rekor Systems (REKR) said Wednesday it has received certification for its Rekor Scout vehicle recognition platform to be used in New Jersey's statewide Automatic License Plate Recognition initiative aimed at improving public safety.
The company said the program, supported by a $10 million grant for the use of ALPR technology, integrates vehicle data feeds across New Jersey to enable real-time access for law enforcement agencies.
Rekor said it expects the certification to expand its presence in New Jersey's public safety sector.
Shares of the company were up more than 13% in early Wednesday trading.
Price: 1.81, Change: +0.24, Percent Change: +15.29
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