Rekor Business and Products Examined + Exec Interview
Mass LPR technology like Rekor has the potential to change how authorities solve crimes, catch fugitives, optimize traffic flow, and more.
To better understand its technology and business, IPVM spoke to CRO Michael Dunbar and EVP Charles Degliomini, examining what Rekor does, its business / financials, who uses Rekor, and how.
On the testing side, see Rekor Edge Pro LPR Camera Tested.
Executive *******
*****'* ******* ** ****** ********, *** it *** * ******** ***** ** LPR ************ *** **** ********** *** commercial *****, ****** *** ******* ******* fairly ***** *** * ******** ****** company, **** ** *** ******** ********.
*****'* *********** ********** ** *** ******** and *******, ***** ** ***** ***** three ********* ******** ********* *** ********* use *****. ************, *) **** *** surveillance *** ****-**** ******** ** ******** and *** *********** **************, *) ******* and ******* ********* ** ******* ******* and ******** ******, *** *) ******* management ******** ** ***** ********* **** collisions ** ****-****.
** **** *** ***, ***** ***** risks **** ***** *********** ** ****. Several ****** **** ******* ******* ****, and ** *** ********** ******* **** widely ****, ******** *** **** ** additional ******. *******, ******* **** ****** for ********** ******* **** **** **** exempt, *** ******* ***** ******* ******* analytics *** ******* ***** ********** **** products, ** *** ****** ***** ****** in **** ******.
Rekor ******** ********
***** ** ********, **,********** ******* ***** *********** (***) *** vehicle ************** ******** *** ********, ******* from ****** **** ****** ********* ** mass *** ********* *********** *** ************ use. ********** ****** ******, *** ******* became ********* ** **************** ** ****.
**** ***** ** ********** ********* ********** ************ ***** **** ***** *****. ** the ******** ****, **** **** ***** has ***** ************* ** *** **** year, ***** ****** ******* ***********.
** *** ***** *** ****** ** 2023, *****'* ******* *** $**,***,***, ** increase ** **% **** *** **** period ** ****, *** ********* *** ******. *****'* ***** ****** ****, ******* a *** **** ** $**,***,*** ** far ** ****, *** **** ** down **** $**,***,*** **** *** **** period ** ****. *****, *****'* ******* is ***** *** * ******** ****** company ** *** ******** ********.
****** **** ****** ** ********** **** the ****** **** ** ****:
*********, **'** *** ******** **** *** second **** ** *** ****, *** I **** ** ** ******* ***** talking ***** *******-******* ********, *** ****** has **** ***** *** *****, **** of ****'* *********** *** * *** of **'* ******* ** ****.
*****'* ***** *** **** ****** ******** over *** **** ******* *****, ******** a **** ** $**.** ** ***** 2021 ****** ********* ** *****'* ***** of ~$*:
***-****, *** ***** ** ** ~**% since ***** ******, ****** **** ~**% from *** ****.
******* ****** ************** ** ~$*** *******, roughly *** *** *******'* **** ****** revenue.
Rekor ******** *********
*****'* *********** ********** ** *** *** vehicle **************, *** ** ******* *** offerings **** ***** ********* ********* ***** on *** *****.
*)***** ******* ** *** *** ******* ************** solution ***** *** *** *** *********** use. ***** ***** *** ******* ****-**** data ** ******* ********* *** ****** in ** **** **** ***** *** camera ********. **** ************* ******, ******** can ****** *** ******* ******* ******, vehicle ************, ** ******** ******** **** a ***** *****. ******** **** **** used ********** ****** ******** ******** ** Rekor ***** ** *** ***** *** searching * *******,** ******** ** ******.
*** ****'* ******** ** ***** *****:
**** *** ******* **** ***** ***** raise ******* ******** ******* **** **** authorities ******** *** **** ** ******* individuals' ********, *** **** ************ ** LPR **** ********** ** ******* ******. (**** ***** **-***** ** ***** about *** *********** ** *******, ***** will ** ******* ** * *********** report).
*)***** **************** **** ** ******* *** ******* analytics, ********* *** ****** *** *************** of ********. ** *** ** **** on ******** ** ******* - *** theoretically ******* - ******* ******** ** used "**-********" ** * ******** ******** seeking ** ******* ******* *******, **** as * ***** **** ** ******.
****** **** **** **** *** ****** "cryptographically ****** ******* ****** ****," ******* they *** *** ********** ** *** user, *** *** ***** ** ** big-picture ****. ***** ******** *** **** provide ********** *** ******* ********, ***** Discover ** ******** ** ** ******** by ******* ** ****** ****.
***********, ********** **** **** **** **** with ***** *********** ** **************, *** system *** ****** **** ** ************** "using * **** **** ** *** vehicle" ******* *********** ******* ******, *** "there's ** *** [********** ************ ***********] associated **** *** *******." ***** ***** non-LPR ******* ****** *** ******* **** collection.
*)***** *************** ******* ********** *** ****** ****** like **********. ** *** "******* ** provide ************** ********** ******* * ***** and ******** **** ** **** ** happening ** *** ********." *** ****** also ****** *********** ** "*********** ********* information **** *** ****** *** *******, Waze, ***, **** ******** **** ********* vehicle ************ *******."
*********, ** **** ******* *********** ******* plates, ***** ******* ***** *** ** subject ** *** *** ****.
*****'* *** ******** ** **** ********* via ** ***,***** ********, ***** *** "******* ***** ****** of ******** *** ******* **** ***** number *** ***** ** ********, ** well ** ******* ****, *****, *****, and ***********." ************* *** ********* ****** **** ***+ regions *********.
*****'* ******** ** ******** *** ********** into ***** ***** ********** ** * good ********. ** ****** ***** ** address ******* ***-**** ***** ******* ********* customization *** ***** ******. ** **** creates ********** *********** ** ****** ***** can **** ** ****** **** *** bans, ** ********* *****. *******, *** complexity ** *** ********* ***** **** off ********* ******* *** ******* *** applications **** **** ****** *******.
Rekor ********
******** ***** ********** **** *****' ******** cameras, ** ***** ******* ******* ******. It ****** *** *** *******,***** **** *********** *** "*************, ********, *** ******** districts, ***** **** ***** **** *** parking ********** *** ****** *******." (***:***** **** *** *** ****** ******)
******** **** ***, ******** *** *** ** ********, "captures ** ** *** ***** ** bidirectional ****-***** ******* ****."
***** **** ****** * ***-*** ****** intended *** ******* *******,***** **** ****.
Rekor *** ****: ******* ******* ************** ****
********** **** **** ***** ** ********* use **** ** ***** ***** ************** departments ******* ********* ******** ******* **** using * ***** ******** ******* ****** "*****, *****, *** *****."
*** ******* ******* ************** (***) ******** that ****** ****** **** ** *** traffic ****** ** ** ********* ******* categories, **** **** ** ****** ******* funding *** ******* ****** *** ***********. Degliomini ******* ***** *** ** **** more ****** *** *********** **** *********** methods.
*************, *********** ***** ************ ********* ******** ****** ****** * "**** ********", ***** ******* ***** *** ***** based ** ******** ***** ********** ** cars ***** **** **. **** ******** installation ******** ******* **** *****, ** demonstrated ***** ****** *** ********.
******:******* ******* **************
********** ****** **** *** ********** ************ requirements ** ***** ******* ***** ******* jams, **** "********* ****," *** "**** of ***** *** *********" ******* **** require **** ** ****** ********.
**'** *** *** ** ******* **** where ***** *** ***** *** **. And ***** ****'** *********, **'* ****** a **** ********, ***** ** **** a *** ****** ** * ***** in *** *******. ** ******* *** stop *** ****, *** ** **** hardware ** ***** **** *** ****, and ******* **** **** ***** ****** technologies **** ********* ****.
*** **** ** ***** *** ********* because ***'** ******* ******* ** *** roadway ***** **** *** ** *** by ****, *** ** ******* ***** day ** ******* **** ****** *** killed ** ********* ******* ******* **** have ** **** ** *** ****.
*** ***** ** ******* *** ******** from *** ********** **** ****** ****** is ** *** ** **** [**** cameras] *** *** ** ****.
********** ****** **** ******* *** ** this **** ******, *** ***** ** in ********** **** ******* ****** ***** collecting *** **** ***** ***:
**'** ** ****** **** *** **** and ******** *** *** ****** *** South ******** *** ***** ******** *** Florida ************* **** ** * ***** way ** ******* **** *** ****.
Commercial *** ** ***** ****** & *** ***** *** ****
***** ** ****** ***** *** *** government ***, *** ********** ******** **** use *****. ****** ****** **** ********** end-users ******* "******, *************, **** **********, campuses, [***] ************." ** **** ***** Discover's "******* ******," **** ** ******* **** ** vehicles ******** *********, ** * ******* they **** ** ***:
**’** ******** ** *** ********** ********* use *** ******* ****** *******, ***** is *** ********** ******* ************ *****, the ****, *** *****, *** ***** of * *******. ** ** ** electric ******* ****** * *** *******...*** that's ******, *************, **** **********, ********, universities.
******* ****** "** ***** **** ***** outside ** *** ******** **********." *** instance, "****** **** ****** ******* ********" based ** *** **** *** *.*. electric ******** ***** * ********.
**'* **** **** *** ******** *******, such ** ** *** *****, ***** season **** ******* ******** ***** ******* plates ** ******* ****** ********* ******* areas, ***** ***** **** *** ***** also *** **** ** ***** *******' visits.
** *** * *** **** **** Six *****...**** ******** *** * **** of ***** ****** **** ******* **** can **** ** ** * ******* gate, * ******* **** ** *** park *****. ** **** *** *****, 'Oh, ****'* **. *****. **'* * season **** ******.' ** **** * trigger ** *** ****. **** *****, car ****** *******.
****** ********** **** **** ********** *********, "generally *** **** ** ******** **** infrastructure," *** *****'* ******* ** *** those ******* *** *** ** * selling *****.
******* * ***** *** ***** *********** thing ** *** ******* ********** ***** is ********* *** **** ** ******** video ************ ************** *** *** **** that ** ***'* **** **** ** an *********. ** **** *** ******* that ** **** *** ********. ** if ***'** *** ** ******** ****** infrastructure, ** *** *** **** ** that.
***** ***** ** **** ********* ** commercial ********* *** ***** **** ** used ** ***** *** ********** ****** than *** *** **** *** ************ used ** ***********. ********** ******** *** unlikely ******* ********* ** *** ** cameras ****** ****** *** **** *** surveillance.
Rekor ****** "**** ****** *** ********** ** **** ** *** ******"
**** **** ******** ******** *********, ***** heavily ********** *** *** ** ********** intelligence. *** ********, ***** **** **** the ****** ".**", ********* ** ** an **-******* "********* ****** *** *** road."
***** ***** ** ** ******** ********** of **, ******* ***** *********** - like **** ******** ****** ************ - is ***** ******** ** ** **.
****** ****, "*** **'** ****** [**** competitors ** ***] ** *** ** code," ******** ** ****** **** ** do **** ************* ********** ** *** edge.
[*******] *********** ******* **********, **** *********, they **** *** ******* ******, ** look ** *** ***** ****, **** video ****** *** **** ******* *** information **** ****. *** **'** ********** the ***** ***** *****, *** **** [like] **** ** *** ***** ************ which **** **** ** *** **********.
*****'* *** ***** ***** ** ******. "We ** *** *** ********** ** the ****, **'** *** ******* ** up ** *** ***** ** ** processed." ** **** **** ** * testament ** *** ******* ** ***** code, ******* ** "*** **** ****** and ********** ** **** ** *** market."
** ** ****, **** ********* **** false ** ******** ****** ***** **, and **** *** *** ********* *****'* code. ** ******* *****'* *** ***********, *** *** ******** *** ****** rankings **** ** ******** ***** ** found *** *********.
Privacy ******** **** **** ** *** ******
***** *** **** ******** *** *** solve *** ************ ** *** ***. Rekor *** ******* ***** ******** ****, particularly ** ********* *** ******** ** three ********* ****** **** * ****** fundamental **********. *** ******* ***** ******** increasing ********, ******, *****, ***** ******* fairly ***** *** *** ***** ****.
* ***** **** ** *** ***, including *****, ** **** ******* ******** cause ***** ********** ** **** ** LPR ** ***********. ******* ********** ******* ********* *** ****** *** ****, ********* Arkansas, *****, *******, *** *********, *** Vermont. *******, ********** *** *******-******* *** mean ***** ***** ***** **** ** this ********.
******* ** *****, ***** **** **** direct *** ******* ******. ******* *** necessary ***** ********.
***** ***** **** ******* ******** ******* directly ** ******** ** ** ********** the “***********” ****** *** *********. *** markup **** ******, ***** ***** ******, state ******** ********* *** *** ******* of ****** ***** *** ** ******** prevailing ***** ** **********.
*'** **** ***** ***** ** ** Rekor. *** ******* ** *** *************.
** ******** *** ******* *** ******** over ****** *** **** ***** *** I *** ** ******* **** *** credits. *** **** **** ** ***** on **** ***** ******* ******.
* ********** ***** * *** **** something ****.