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FDOT Increases Rekor Contract Ceiling by 94% to $9.5 Million

$REKRPress releaseOct 28, 2026, 7:30 AM ETRead the release

Rekor Systems announced that FDOT raised the ceiling of its statewide intelligent transportation contract by 94%, from $4.9 million to $9.5 million. Separately, the Regional Transportation Commission of Southern Nevada selected Rekor Command for traffic management across Clark County, including Las Vegas, with potential value of about $1.54 million if both one-year extension options are exercised.

Key figures

Fdot approved encumbered
$4.9 million
Fdot ceiling increase pct
94%
Fdot contract ceiling new
$9.5 million
Fdot contract ceiling prior
$4.9 million
Rtc contract potential value
$1.54 million

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.