NVMM - Rekor Systems, Inc.

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
+0.0035 (+0.51%)
At close: 4:02PM EDT
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Previous Close0.6865
Bid0.0000 x 1300
Ask0.0000 x 4000
Day's Range0.6700 - 0.7110
52 Week Range0.4320 - 3.5000
Avg. Volume21,933
Market Cap13.364M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est4.75
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  • ACCESSWIRE3 months ago

    Rekor Systems, Inc. Announces Completion of Name Change from Novume Solutions, Inc.

    The name change serves to further align the company with its current focus on technology solutions and applications, particularly within the automatic license plate recognition (ALPR) and vehicle recognition systems market, as announced last month. In addition to the name change, the company's Board of Director's granted approval for management to explore a corporate realignment of businesses that are not core to the ALPR industry.

  • ACCESSWIRE4 months ago

    Novume Announces Increased Focus on Technology Products and Services and Intention to Change Name and Segment Businesses

    The company recently renamed its subsidiary from Brekford Traffic Safety, Inc. to Rekor Recognition Systems, Inc. The line of hardware and software products and services offered by Rekor Recognition Systems, Inc. is powered by OpenALPR software, which uses artificial intelligence to improve the performance of automated license plate readers.

  • ACCESSWIRE4 months ago

    Novume Completes Acquisition of OpenALPR

    OpenALPR founder and Chief Technology Officer Matt Hill will join Novume as Chief Science Officer, effective immediately. The completed acquisition comes as OpenALPR's AI-powered vehicle recognition software continues to expand its coverage. OpenALPR released significant upgrades to its software in October of 2018, including seamless video analysis, additional data analytics and expanded international support.

  • ACCESSWIRE6 months ago

    OpenALPR Sees 2,960% Expansion in Coverage by its Vehicle Recognition Software over the Last Two Years

    BOSTON, MA / ACCESSWIRE / January 22, 2019 / OpenALPR Technology, Inc., a company that develops software for automatic license plate and vehicle recognition systems, announced that paid contracts for its artificial intelligence-based LPR solutions now cover over 9,200 cameras as the company achieved further penetration of the global vehicle recognition system market which is expected to reach $4.25B by 2023. The company now has an active sales footprint internationally with customers in more than 70 countries signing agreements for the use of its products and services in Europe, South America, Asia, and Mexico, while continuing to expand its customer-base within the United States after entering into a managed services agreement with Novume Solutions, which also executed a definitive agreement in November of 2018 to acquire OpenALPR.

  • ACCESSWIRE6 months ago

    Firestorm Solutions Launches FirstSight Program for Proactive Prevention of School Violence

    FirstSight is already active in two U.S. states, protecting approximately 240,000 students across school districts in over 930 public schools. FirstSight is a comprehensive media monitoring program designed to prevent school violence by identifying threatening and concerning behaviors before they lead to a violent act. By combining media monitoring technology and threat assessment expertise from Firestorm's staff, which includes former U.S. Secret Service members, FirstSight identifies potential threats and guides interventions by school officials and law enforcement before violence reaches a school.

  • ACCESSWIRE7 months ago

    Firestorm Solutions Names Jason Russell as President

    Russell will lead both Firestorm Solutions, LLC and Firestorm Franchising, LLC effective December 28, 2018. Russell served previously as the Chief Security Officer and Executive Vice President of Firestorm Solutions' security operations and has led the growth of that business group since joining the Company earlier in 2018. Prior to joining Firestorm Solutions, Russell was the founder, President, and CEO of Secure Education Consultants, LLC, which is now part of Firestorm.

  • ACCESSWIRE7 months ago

    Novume CEO Exercises Option to Purchase Additional Company Shares

    Robert A. Berman, through Avon Road Partners L.P., purchased more than 4.3 million shares CHANTILLY, VA / ACCESSWIRE / December 12, 2018 / Novume Solutions, Inc . (NASDAQ: NVMM) announced today that its ...

  • ACCESSWIRE8 months ago

    Brekford Traffic Safety Concludes Successful Field Tests of Argos Guardian Move Over Camera(TM) Technology in Ohio

    HANOVER, MD / ACCESSWIRE / December 5, 2018 / Brekford Traffic Safety, Inc. (''Brekford''), a subsidiary of Novume Solutions, Inc. (NVMM) a holding company of leading specialty professional services and technology firms, today announced it has successfully concluded field tests of its Argos Guardian™ slow down/move over enforcement technology in Ohio. The testing was completed in cooperation with law enforcement agencies and tow truck companies to validate the efficiency of Brekford's automated enforcement solutions as well as highlight the overarching issue of consistent motorist violation of the law.

  • ACCESSWIRE8 months ago

    Novume Executes Definitive Agreement to Acquire OpenALPR Technology, Inc.

    As part of the agreement and upon closing, OpenALPR founder and Chief Executive Officer, Matt Hill, will join Novume as Chief Science Officer. The anticipated acquisition comes during a period of tremendous growth for OpenALPR, an internationally recognized leading provider of license place reader (LPR) software used by both law enforcement and commercial clients. OpenALPR's proprietary AI-powered LPR solution is currently running on over 3,000 cameras, capturing millions of license plates per day, that are operated by more than 400 clients, including several Fortune 100 companies.

  • ACCESSWIRE8 months ago

    Novume Announces Third Quarter 2018 Financial Results

    CHANTILLY, VA / ACCESSWIRE / November 13, 2018 / Novume Solutions, Inc . (NASDAQ: NVMM), a holding company of leading specialty professional services and technology firms, announced today financial results ...

  • ACCESSWIRE8 months ago

    Dave Hanlon Appointed to Novume Solutions Board of Directors

    Hanlon will replace Dr. Marta Tienda, who resigned from the Board of Directors effective November 5, 2018. Hanlon is a founding principal of strategic advisory and asset management firm Executive Hospitality Partners and CEO of Hanlon Investments.

  • ACCESSWIRE9 months ago

    OpenALPR Announces Major Software Upgrade

    Latest version includes seamless video recording and data analytics for law enforcement; At 99.02%, Version 2.6 achieves accuracy beyond human levels BOSTON, MA / ACCESSWIRE / October31, 2018 / OpenALPR ...

  • ACCESSWIRE9 months ago

    Novume Solutions, Inc. Announces Pricing of $3.3 Million Public Offering

    CHANTILLY, VA/ ACCESSWIRE / October 29, 2018 / Novume Solutions, Inc. (NVMM) (the "Company"), a holding company that integrates technology and human capital to solve client challenges in today's complex world, today announced the pricing of an underwritten public offering of 4,125,000 shares of common stock at a public offering price of $0.80 per share. The estimated gross proceeds to the Company are expected to be approximately $3,300,000 prior to deducting underwriting discounts, commissions and other estimated offering expenses. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.

  • ACCESSWIRE9 months ago

    3 Trending Stocks To Watch On Monday

    CORAL GABLES, FL / ACCESSWIRE / October 22, 2018 / Monday morning saw the stock market rally after a turbulent week last week. China's beaten-down stock market had its best day in more than two and a half years on Monday. The recent market boom for tech and healthcare stocks has kept reporters busy.

  • ACCESSWIRE9 months ago

    Novume and OpenALPR Enter into Management Services Agreement

    The ease of converting almost any IP camera to a license plate reader with a simple software upload has disrupted an industry where solutions were traditionally complex and hardware-based. The services provided by Novume will help support the continued growth of OpenALPR's licensing operations. "Novume's subsidiaries are uniquely positioned to help accelerate OpenALPR's remarkable growth in the near term as Novume works to complete its previously announced intent to acquire OpenALPR," said Robert Berman, Novume's CEO.

  • ACCESSWIRE9 months ago

    Novume Aims to Disrupt Vehicle Recognition Market

    The Argos Finder™ product is a portable vehicle recognition system that uses advanced artificial intelligence (AI) to improve the performance of automated license plate readers by combining dramatically improved license plate capture rates with the ability to identify a vehicle's make, model and color. It is the second product developed by Novume's wholly-owned subsidiary, Brekford Traffic Safety Inc. (Brekford), designed to protect first responders and improve safety and security systems. Together with its previously announced Argos Guardian Move Over Camera™ system and a third product expected to be completed by the end of the year, the Argos product line will provide a full suite of applications that take advantage of proprietary software developed by OpenALPR Technology, Inc. (Open ALPR).

  • ACCESSWIRE10 months ago

    Novume Intends to Acquire OpenALPR Technology, Inc.

    CHANTILLY, VA / ACCESSWIRE / September 20, 2018 / Novume Solutions, Inc. (NVMM) a holding company that integrates technology and human capital to solve complex client challenges in today's world, announced today that effective September 17, 2018, it entered into a binding letter of intent with OpenALPR Technology, Inc. (OpenALPR). The letter of intent sets forth the parties' intent for Novume to acquire the assets of OpenALPR.

  • ACCESSWIRElast year

    Brekford Traffic Safety Launches Argos Guardian Move Over Camera to Protect Law Enforcement, Tow Truck Drivers, and Other Roadside Workers

    HANOVER, MD / ACCESSWIRE / July 30, 2018 / Brekford Traffic Safety, Inc. ("Brekford"), a subsidiary of Novume Solutions, Inc. (NVMM) and a leading public safety technology service provider of fully integrated automated traffic safety enforcement ("ATSE") solutions, today announced the launch of its pilot program for the Argos Guardian Move Over Camera™. Brekford completed its initial field testing phase, with results clearly demonstrating the need for an automated enforcement tool to enhance safety and support Move Over/Slow Down ("Move Over") laws that are in place in all 50 U.S. states and Canada. Brekford successfully conducted preliminary field testing in Ohio, Maryland, New York, Virginia, and Alberta, Canada.