RE:RE:My take on the September 4 (re Minnesota) press releaseSource: Rekor's Vision & Progress in 2024 Shareholder Letter by David P. Desharnais Pres. & CEO
NOTE: ElJ wishes to emphasise that the elements identified below are
his selected extracts for the convenience of BBoard colleagues and for easy reference comparison to QuarterHill. David P. Desharnais President and CEO of Rekor Sept. 4, 2024
“I remain fully committed to driving our long-term vision forward with conviction, maximizing the full resources of the company to seize the extraordinary growth opportunities ahead”
- We developed a robust pipeline across our core growth pillars—Public Safety, Urban Mobility, and Transportation Management—positioning us to deliver value in diverse markets across the nation solidifying Rekor’s leadership in the $93B+ intelligent infrastructure market
- Our Focus:
- Building a Data Exchange and Operating System for Intelligent Roadways
- Rekor is at the forefront of a massive shift towards digitization in public safety and roadway infrastructure…
- We are in the early stages of deploying one of the largest Edge AI networks in the United States, designed not merely as system upgrades or replacements for legacy roadway infrastructure, but as the equivalent of overlaying an adaptive, connected supercomputer onto existing systems—digitizing and enhancing them.
- We’ve designed this new digital infrastructure to integrate with and revolutionize current systems.
- And we aren’t just collecting data. Anybody can do that. What makes Rekor unique is that we’re using our deep strength in AI to fuse these massive data sets together and transform them into actionable intelligence.
- Rekor is on a mission to build the industry’s largest and most comprehensive roadway intelligence data exchange, a platform that will serve as the foundation for a new, standardized operating system for roadways. This system we call Rekor One®”
Hope that something in these brief extracts helps in assessing QuarterHill’s opportunities and challenges in a competitive marketplace.
Disclosure: I do have investment interest in QTRH and not in REKR:US at this time,
Peace,
Good Decision-making to All,
ElJ