Rekor achieves a significant milestone with new patent for privacy-enhanced traffic management technology

Rekor Systems (NASDAQ: REKR) announced on Wednesday that it has been granted a patent titled “Systems and Methods for Consolidated Traffic Monitoring with Privacy Protection.” This news caused REKR’s stock price to increase by 1.28% in premarket trading to $1.58. The company stated that this new patent, along with several other patent applications and awards, introduces a multi-functional sensor that prioritizes protecting personally identifiable information while still serving various applications.

The sensor is designed to create precise per-vehicle records by capturing high-resolution vehicle images and analyzing them using advanced algorithms, according to Rekor Systems (REKR). By obtaining the patent for this technology, Rekor Systems is able to secure its position in the market and provide a valuable solution for a wide range of applications. This patent, along with others the company has filed for or received, is a key component of Rekor Systems’ strategy for protecting personal information while still delivering accurate and useful data.

This development is a significant step for Rekor Systems (REKR) as it demonstrates their commitment to technological advancements and the protection of sensitive information. The new sensor offers an innovative approach to traffic monitoring that ensures privacy is a top priority. With this patent in hand, Rekor Systems is well positioned to continue leading the industry in providing advanced solutions that balance privacy protection with accurate data analysis.

By Sophia Gonzalez

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