Motorola Solutio Stock Price, News & Analysis

Evolv Technology (NASDAQ: EVLV) has announced the appointment of Robert E. Marshall, Jr. as Chief Revenue Officer, effective February 3, 2025. Marshall brings over 25 years of experience in public safety and security industries, joining from Mobile Communications America (MCA) where he served as Chief Revenue Officer and Chief Operating Officer.

Prior to MCA, Marshall spent more than 20 years at Motorola Solutions, holding various executive sales leadership positions including Vice President of Global Sales for Video Security and Analytics. In his new role, Marshall will oversee Evolv's global sales and service operations, focusing on driving and accelerating revenue growth. He will report directly to CEO John Kedzierski.

The company also announced that Chief Commercial Officer Jay Muelhoefer will be departing on February 7, 2025.

Hytera Communications has pleaded guilty to felony charges in a U.S. Department of Justice criminal prosecution for stealing trade secrets from Motorola Solutions (NYSE: MSI). The company admitted to knowingly misappropriating Motorola's confidential documents and source code related to DMR technology to develop its own products.

The case stems from a 2021 DOJ indictment that included 21 counts of federal criminal trade secret violations against Hytera and seven employees, including former executive G.S. Kok who pleaded guilty in 2023. Hytera's sentencing is expected in November 2025, where the court will determine restitution to Motorola Solutions and criminal fines.

This guilty plea is separate from Motorola's ongoing civil litigation, where the company continues pursuing collection of over $471 million in damages previously awarded for trade secret and copyright infringement.

Motorola Solutions (NYSE: MSI) has announced plans to acquire Theatro Labs, a Texas-based company specializing in AI and voice-powered communication software for frontline workers. Theatro's software-as-a-service platform provides real-time collaboration tools through wearable devices, enabling workers to access information, check inventory, and communicate using conversational language.

The platform features safety-focused capabilities, allowing employees to discreetly alert security teams during unsafe situations and receive AI-guided protocols. It also integrates with video security cameras to identify potential threats and automatically alert floor staff. The acquisition aims to integrate Theatro's technology with Motorola's existing portfolio, including body cameras, fixed video, panic buttons, and radios.

The transaction is expected to close in the first half of 2025, pending regulatory approvals. Financial terms were not disclosed.

Motorola Solutions (NYSE: MSI) has launched the V200, a new body camera specifically designed for frontline workers in retail, healthcare, hospitality, and education sectors. The device features a GoLive Audio safety feature that provides direct connection to security personnel or supervisors during emergencies.

The lightweight camera can be activated with a button push to record situations and deter unwanted behavior. During serious incidents, security personnel can access live video and audio, and communicate through the camera's speaker. According to Motorola's 2024 retail worker safety report, over 25% of workers have considered quitting due to safety concerns, while about 50% believe body cameras could enhance their safety. In the U.K., 70% reported that body cameras effectively de-escalate dangerous situations.

The V200 integrates with Motorola Solutions' enterprise security ecosystem, including video security, access control, and communications solutions. The product will be showcased at NRF '25 in New York City from January 12-14.

Motorola Solutions (NYSE:MSI) has secured a five-year contract worth 1.78 billion NOK (approximately 160 million USD) from the Norwegian Directorate for Civil Protection (DSB) to continue managing Norway's nationwide critical communications network, Nødnett. The contract begins in 2027 and extends through 2031, with a possible two-year extension option.

The Nødnett network serves over 60,000 first responders daily, providing coverage to 100% of Norway's population, including mountainous terrain and hundreds of tunnels. The TETRA-based system enables interoperability with networks in Sweden and Finland for cross-border collaboration. Motorola Solutions, which has supported Nødnett since 2012, will continue providing operational, lifecycle management, and technology upgrade services for emergency services users.

Evolv Technology (NASDAQ: EVLV) has appointed John Kedzierski as its new Chief Executive Officer, President, and Board member, effective December 16, 2024. Kedzierski, who previously served on Evolv's Board from January 2022 to November 2023, brings over 23 years of experience from Motorola Solutions, where he most recently held the position of Senior Vice President of Global Enterprise Sales.

He succeeds Michael Ellenbogen, who has been serving as Interim President and CEO since October and will continue as the Company's Chief Innovation Officer and Board member. During his tenure at Motorola Solutions, Kedzierski led the Video Security and Access Control business, helping establish the company as a global leader in physical security.

Motorola Solutions Foundation highlights its partnerships with organizations supporting first responder families through educational scholarships. The initiative focuses on three key organizations: the National Fallen Firefighters Foundation (NFFF), Canadian Fallen Firefighters Foundation (CFFF), and Concerns of Police Survivors (C.O.P.S.).

The NFFF has assisted over 1,450 individuals with post-secondary education, while CFFF has awarded 12 bursaries and 18 scholarships since 2010. C.O.P.S. has supported 626 students across the U.S. and Puerto Rico since 1993. These programs provide important support as average public institution tuition costs reach $27,100 per year in the U.S. The initiatives not only offer financial assistance but also promote STEM education and professional development opportunities for families of fallen first responders.

Motorola Solutions (NYSE:MSI) has announced that its Executive Vice President and CTO Mahesh Saptharishi will participate in a fireside chat at the Barclays Global Technology Conference. The event is scheduled for Wednesday, December 11, 2024, at 9:15 a.m. PST.

The company will provide a live webcast of the presentation, which will also be available for replay on Motorola Solutions' Investor Relations website through their events and presentations section.

Motorola Solutions (NYSE: MSI) announced an 11% increase in its regular quarterly dividend to $1.09 per share. The dividend will be paid in cash on January 15, 2025, to stockholders of record as of December 13, 2024.