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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.
Motorola Solutions (NYSE: MSI) has announced its board of directors' approval of a regular quarterly dividend of $1.09 per share. The dividend will be paid in cash on April 15, 2025, to shareholders who are on record as of the close of business on March 14, 2025.
Motorola Solutions (NYSE:MSI) has announced that Jason Winkler, Executive Vice President and CFO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference. The event is scheduled for Monday, March 3, 2025, at 4:50 p.m. PST.
Investors and interested parties can access both a live webcast and replay of the presentation through Motorola Solutions' Investor Relations website at their events and presentations page.
Motorola Solutions (NYSE: MSI) has acquired RapidDeploy, a cloud-native 911 solution provider based in Austin, Texas. RapidDeploy's Next Generation 911 (NG911) product suite includes Radius Mapping for real-time call location mapping, Lightning mobile application for first responders' access to 911 call data, and Eclipse Analytics for measuring response times and staffing optimization.
The technology provides 911 telecommunicators with real-time data including caller's GPS location, indoor floor plans, and communications like text, chat messaging and live video streams. RapidDeploy currently supports over 1,600 PSAPs/emergency communications centers in 24 states and integrates with Motorola's Rave suite.
Motorola Solutions plans to integrate RapidDeploy's technology into its VESTA 911 call handling software and AI-powered VESTA NXT platform. The financial terms of the transaction were not disclosed.
Motorola Solutions (NYSE: MSI) has achieved the highest-level security authorization from the Federal Risk and Authorization Management Program (FedRAMP®) for its federal cloud. This FedRAMP High Authorization enables federal agencies to expedite procurement and deployment of select Motorola Solutions cloud software, APX-series radios, and APX radio applications.
The authorization covers APX-series radios and applications including SmartConnect, SmartLocate, RadioCentral, and SmartProgramming, along with CommandCentral Aware cloud software integration. These technologies enhance connectivity and safety for government personnel, combining P25 radio communications with broadband capabilities. The cloud-hosted applications enable seamless voice communications switching, real-time location tracking, and remote radio updates.
Motorola Solutions (MSI) reported strong Q4 and full-year 2024 results with record performance. Q4 sales reached $3.0 billion, up 6% year-over-year, while full-year sales grew 8% to $10.8 billion. The company's Products and Systems Integration segment grew 3% in Q4 and 10% for the full year, while Software and Services sales increased 11% in Q4 and 5% for the full year.
Q4 GAAP EPS was $3.56, up 3%, while full-year GAAP EPS was $9.23, down 7%. Non-GAAP Q4 EPS reached $4.04, up 4%, and full-year non-GAAP EPS hit $13.84, up 16%. The company achieved record operating cash flow of $2.4 billion for the full year, up 17%. The company ended 2024 with a record backlog of $14.7 billion, up 3% from the previous year.
For 2025, Motorola Solutions expects revenue growth of approximately 5.5% and non-GAAP EPS between $14.64 and $14.74 per share.
Motorola Solutions (NYSE: MSI) has successfully deployed a new digital radio communications system on the German Navy's frigate F124 Sachsen. The DIMETRA X Core Deployable system enables secure voice and data communications between security teams, damage control forces, and crews on vessels within a 15-kilometer range at sea.
The solution, compatible with the MTP8550Ex TETRA radio, is fully integrated into the Navy's existing infrastructure and interoperable with German Armed Forces and public safety organizations' networks. This deployment marks the first vessel equipped under Motorola's contract with the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw).
Prior to installation, Motorola Solutions implemented the infrastructure at German Navy's harbour-based training locations to facilitate personnel training.
Motorola Solutions (NYSE: MSI) has announced it will release its fourth-quarter and full-year 2024 earnings results after market close on Thursday, February 13. The company will follow the release with a conference call featuring financial analysts at 4 p.m. Central (5 p.m. Eastern) on the same day. The quarterly conference call will be accessible to interested parties via webcast through the company's investor relations website.
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.