Rekor cuts about $10M liabilities, targets $2M+ annual savings
Rekor Systems says it eliminated approximately $10 million in liabilities and expects more than $2 million in annual savings. It also terminated two leases in the United States and Israel to reduce fixed costs and improve operating flexibility.
Termination of two leases in the United States and Israel further reduces fixed costs and strengthens operating flexibilityCOLUMBIA, Md., Sept.
03, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc.
NASDAQ:REKR ("Rekor" or the "Company"), which builds trusted data, privacy, and security solutions for rea…