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Motorola Solutions, Inc. - MSI STOCK NEWS

Welcome to our dedicated page for Motorola Solutions news (Ticker: MSI), a resource for investors and traders seeking the latest updates and insights on Motorola Solutions stock.

Motorola Solutions, Inc. (NYSE: MSI) is a global leader in mission-critical communications and analytics, providing essential products and services to public safety and commercial customers worldwide. The company specializes in seamless communication networks, applications, and services that deliver real-time information and situational awareness to first responders and other critical service providers.

Motorola Solutions' core business revolves around the sale of land mobile radios, radio network infrastructure, surveillance equipment, and dispatch software. These products are indispensable for public safety agencies, schools, hospitals, and a variety of private enterprises. The company prides itself on innovations that help professionals, such as firefighters and police officers, perform their duties effectively in critical moments.

Recent achievements include the acquisition of Silent Sentinel, a UK-based provider of rugged, long-range thermal cameras. This acquisition enhances Motorola's video security portfolio, bolstering its capabilities in extreme environments often associated with military, aviation, maritime, and critical infrastructure.

Financially, Motorola Solutions remains robust, with a significant portion of its revenue generated from government agencies and the remainder from private businesses and educational institutions. The company has a diverse customer base in over 100 countries and operates across every state in the United States.

To learn more about Motorola Solutions and its commitment to safer communities, visit www.motorolasolutions.com.

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Motorola Solutions (NYSE: MSI) has announced that it will release its second-quarter 2024 earnings results after the market closes on Thursday, August 1. Following the earnings release, the company will host a quarterly conference call with financial analysts at 4 p.m. Central (5 p.m. Eastern) on the same day. Investors and interested parties can access the live webcast of the conference call through the company's investor relations website at www.motorolasolutions.com/investors. This event provides an opportunity for stakeholders to gain insights into Motorola Solutions' financial performance and future outlook directly from company executives.

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Motorola Solutions (NYSE: MSI) has announced the establishment of a new Research and Development Centre in Cork, Ireland, which is set to create 200 highly skilled jobs. This centre will focus on designing software for Motorola's land mobile radio (LMR) portfolio and other future technologies. This investment is part of over $12 billion spent on R&D and acquisitions in the past decade. The Cork centre will enhance the company's existing presence in Ireland, which supports the National Digital Radio Service. The investment is backed by the Irish Government through IDA Ireland. The new centre aims to bolster innovation in public safety communications and reflects Motorola Solutions' commitment to employing a diverse and skilled workforce.

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Motorola Solutions (NYSE: MSI) has acquired Noggin, an Australian-based provider of critical event management (CEM) software. Noggin offers a cloud-based platform that enhances business continuity planning, operational resilience, and incident management with features like flexible workflows, built-in maps, and situational awareness dashboards. This acquisition aims to bolster Motorola Solutions' portfolio in emergency coordination and enterprise security, enabling better connectivity and collaboration for public safety agencies and enterprises. Financial details of the transaction were not disclosed.

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Motorola Solutions (NYSE: MSI) has published its 2023 Corporate Responsibility Report, showcasing its dedication to environmental, social, and governance (ESG) initiatives. Key highlights include a $858 million investment in R&D, enhancing their portfolio of 6,560 patents with 775 pending. The company advanced AI technologies to improve emergency response and secured recognition from various esteemed organizations. Record employee volunteerism of nearly 100,000 hours and $10.3 million in grants were directed towards underserved communities. Motorola Solutions also launched the GO ALL Inclusive initiative and expanded its diverse supplier base by over 700, supporting 3,500 supplier jobs. The report emphasizes continual efforts to reduce greenhouse gas emissions and foster sustainability.

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Motorola Solutions (NYSE: MSI) has launched VESTA NXT, a 9-1-1 software designed to enhance call handler efficiency and reduce information overload. The software integrates AI to handle non-emergency calls, potentially reducing the workload of call handlers by 20-35%. VESTA NXT consolidates data from various public safety systems onto one platform, providing important information like maps, floor plans, and caller details to call handlers and dispatchers. This technology aims to streamline the 9-1-1 call process, allowing faster and more accurate emergency responses. VESTA NXT is available both as a cloud-based and on-premises solution and offers a consistent user experience across multiple devices. It will be featured at the NENA Conference in Orlando, FL from June 28 to July 3.

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The Motorola Solutions Foundation, in partnership with Calculated Genius, awarded $100,000 in scholarships to 40 students from underserved Chicagoland communities pursuing technology and engineering degrees. Each scholarship provides $3,000 for the first year and $2,500 each subsequent year for up to four years. Recipients also receive mentorship and internship opportunities from Motorola Solutions. The students, many of whom are women and first-generation college students, were recognized at a special ceremony in Chicago. The program aims to enhance diversity and inclusion in engineering and technology fields.

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Motorola Solutions (NYSE: MSI) announced that Police Scotland will deploy 10,500 VB400 body cameras to front-line officers. The £13.3 million (~$16 million) investment aims to enhance transparency, accountability, and public safety.

A public consultation revealed that 81% of 9,000 respondents believe body cameras will boost public confidence. Deputy Chief Constable Jane Connors highlighted their potential to improve evidence quality and expedite justice.

The VB400 cameras capture high-quality video and audio, with footage securely stored in VideoManager. Police Scotland joins other global law enforcement agencies using Motorola's technology.

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Motorola Solutions (NYSE: MSI) announced that its Avigilon Unity on-premise video security suite has been added to the Department of Defense’s Information Network Approved Products List (DoDIN APL). This certification ensures that the suite meets the highest standards for data security and interoperability. The suite provides advanced video security solutions for defense, intelligence, and federal law enforcement agencies, aiding in the protection of essential assets and military personnel. This certification streamlines the procurement and deployment process across global agency networks. The Avigilon Unity suite includes cameras, software, and network video recorders that can be configured for Federal Information Processing Standard (FIPS) 140-2 compliance. The suite joins Motorola Solutions’ WAVE Tactical interoperable communication and broadband push-to-talk solution, which also received DoDIN APL certification in 2023.

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Motorola Solutions (NYSE: MSI) is emphasizing the purposeful use of AI in public safety during Fast Company’s Most Innovative Companies Summit in New York. The company aims to revolutionize safety and security by leveraging AI. Key speakers include Mahesh Saptharishi, Motorola's CTO, alongside notable experts like retired U.S. Army Brigadier General Patrick Huston and University of Pennsylvania professor Michael Kearns. Motorola Solutions invested $858 million in R&D in 2023, holding around 6,560 patents, to advance AI technologies that can significantly reduce 9-1-1 response times, potentially saving 10,000 lives annually in the U.S.

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Motorola Solutions has been named to the Women Tech Council's 2024 Shatter List, recognizing companies that promote equality in the tech industry. This accolade highlights Motorola's efforts to break the glass ceiling for women by removing career advancement barriers. The Shatter List evaluates companies on four criteria: executive engagement, leadership initiatives, community investment, and formal internal programs. Motorola's inclusion underscores the impact of its initiatives and dedication to fostering an inclusive culture. This recognition celebrates the contributions of women at Motorola and their role in driving innovation and success.

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FAQ

What does Motorola Solutions, Inc. do?

Motorola Solutions provides mission-critical communications products and services, including land mobile radios, radio network infrastructure, surveillance equipment, and dispatch software.

Who are the main customers of Motorola Solutions?

The main customers include government agencies, public safety departments, schools, hospitals, and private businesses.

What recent acquisition has Motorola Solutions made?

Motorola Solutions recently acquired Silent Sentinel, a provider of long-range thermal cameras based in the United Kingdom.

How does Motorola Solutions contribute to public safety?

Motorola Solutions provides essential communications and situational awareness tools that help first responders and safety personnel perform their duties effectively during critical moments.

Where is Motorola Solutions' customer base located?

Motorola Solutions has customers in over 100 countries and operates in all states across the United States.

What type of products does Motorola Solutions offer?

Motorola Solutions offers land mobile radios, radio network infrastructure, surveillance equipment, dispatch software, and other mission-critical communication products.

How significant are government contracts to Motorola Solutions?

Government contracts are significant, providing the bulk of Motorola Solutions' revenue.

What is the significance of Motorola Solutions’ acquisition of Silent Sentinel?

The acquisition enhances Motorola Solutions’ video security portfolio, especially in extreme environments linked to military, aviation, and critical infrastructure.

What is the primary source of revenue for Motorola Solutions?

The primary source of revenue comes from sales to government agencies and public safety departments.

How can I learn more about Motorola Solutions?

You can learn more about Motorola Solutions by visiting their official website at www.motorolasolutions.com.

Motorola Solutions, Inc.

NYSE:MSI

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65.08B
166.79M
0.4%
85.71%
0.86%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
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United States of America
CHICAGO