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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.
First H.E.L.P., a nonprofit focused on destigmatizing mental health issues for first responders, has unveiled the Heroes Memorial Park Monument in Rockwall, Texas. This 10-foot-tall monument is the first in the U.S. to honor first responders and military veterans lost to suicide. The unveiling ceremony on September 21 featured the reading of 252 names, emphasizing the importance of addressing mental health challenges in these professions.
The Motorola Solutions Foundation has been a partner since 2019, donating over $700K to support First H.E.L.P.'s work in connecting first responders with mental health resources. The Foundation also contributed a grant for the memorial unveiling ceremony, which was attended by more than 400 first responders, military members, and their families. The monument is expected to be fully completed in about two years, serving as a tribute and refuge for the Rockwall community and beyond.
Youth Encouragement Services (YES), in collaboration with the Motorola Solutions Foundation and volunteers from Motorola Solutions Galvin Masters, has renovated two Nashville-based youth centers on October 2, 2024. The upgrades include new paint, furniture, and landscaping at the Carpenter's Square center and a sensory board installation at the Lindsley Center.
YES serves nearly 150 children daily in summer and after-school programs, offering reading, mentorship, and athletics programs for kids from kindergarten to age 18. The renovations support YES' mission to provide safe spaces and bridge the learning gap for children across Nashville.
This initiative is part of the Motorola Solutions Foundation's efforts to drive meaningful change in communities and the Galvin Masters' 50th anniversary celebration, emphasizing employee engagement and volunteerism.
Motorola Solutions (NYSE: MSI) is showcasing its advanced security technologies at GSX 2024, focusing on enhancing safety in schools and enterprises. The company's comprehensive physical security ecosystem includes video security cameras, access control systems, radio communications, and smart sensors. These technologies are designed to improve threat detection and response, streamline operations, and increase overall safety.
One notable implementation is at The Greater Dayton School in Ohio, which utilizes Motorola Solutions' Safer Schools technologies. The school's security system integrates Avigilon video cameras, access control for all doors, staff radio communications, and HALO smart sensors for detecting vape and keyword alerts.
At GSX 2024, Motorola Solutions is highlighting new and enhanced technologies, including the Avigilon Security Suite, SentryERS physical panic button, and Pelco Sarix Enhanced Duo camera. These innovations aim to provide more efficient and comprehensive security solutions for schools, hospitals, businesses, and various other facilities.
Motorola Solutions (NYSE: MSI) announced that the São Paulo State Government will deploy 12,000 V500 body cameras to its Military Police (PMESP), replacing and modernizing the state's body camera program. This investment of over R$100 million (about USD $18.2 million) demonstrates PMESP's commitment to using advanced technology for the safety of São Paulo's 44 million residents.
The LTE-enabled V500 body cameras allow agents to stream live video and location to the control room, enabling faster and more efficient incident response. Footage is automatically uploaded to a digital evidence management system, ensuring secure handling, storage, and sharing of evidence.
Colonel Gustavo Barbosa, IT Director of PMESP, expressed confidence that this solution will help curb criminal activity and provide reliable evidence to simplify police actions. The deployment positions PMESP among the most advanced law enforcement agencies globally.
The San Diego Police Foundation has received a grant from the Motorola Solutions Foundation to support its Women in Blue Initiative. This initiative aims to increase female representation in law enforcement, particularly in leadership roles. The grant will fund 50 full scholarships for San Diego Police Department personnel to attend the 2024 Women Leaders in Law Enforcement Conference.
Since the initiative's inception, the SDPD has increased its female sworn officers to nearly 17%, surpassing the national average of 12%. The Motorola Solutions Foundation, which has donated over $100 million in the past decade, focuses on supporting first responder programming, technology and engineering education, and programs that combine these areas.
K1 Investment Management has announced the upcoming acquisition of its portfolio company Axcient by ConnectWise. Axcient, a provider of advanced business continuity and disaster recovery (BCDR) solutions for managed service providers (MSPs), has seen significant growth under K1's investment. Key highlights include:
- Annual recurring revenue grew 7.5x during K1's investment period
- K1 facilitated strategic acquisitions of Anchor, Cloudfinder, and Replibit
- Axcient established itself as a category leader in backup and disaster recovery software
- The acquisition by ConnectWise aims to accelerate Axcient's mission to protect MSPs from cybersecurity risks
- K1 has realized over $1.8 billion of liquidity in the past ten months across its portfolio
Motorola Solutions (MSI) showcases its commitment to diversity, equity, and inclusion (DEI) through community engagement initiatives led by its business councils. The People with Disabilities + Allies council partners with Little City Foundation, supporting individuals with intellectual and developmental disabilities. The Pride Business Council collaborates with Out on Patrol to discuss representation in law enforcement. The Asian and Pacific Islander council organizes volunteering events with Feed My Starving Children. These efforts reflect MSI's dedication to creating an inclusive workplace and driving positive social impact in local communities. For more details on MSI's DEI initiatives, refer to their 2023 DEI Annual Report.
Motorola Solutions (MSI) highlights its diversity, equity & inclusion (DEI) initiatives in a four-part series, focusing on their impact on company culture, career development, business strategy, and community engagement. The company's business councils, including the LatinX Business Council and Young Professionals Group (YPG), have organized sessions on Artificial Intelligence (AI) and its applications in Motorola's business. These initiatives aim to enhance employee knowledge about the company's products and brand narrative, "Solving for safer."
The DEI efforts are aligned with Motorola Solutions' business objectives, improving customer service while developing employees' business and cultural acumen. The company emphasizes the importance of creating an inclusive workplace where every employee feels valued and empowered. Motorola Solutions' 2023 DEI Annual Report provides more details on their impact and initiatives.
Motorola Solutions (NYSE: MSI) has appointed Elizabeth Mann to its board of directors, effective Aug. 26, 2024. Mann brings nearly 20 years of leadership experience in finance, strategy, data analytics, and technology. She is currently the EVP and CFO of Verisk Analytics, Inc. (NASDAQ: VRSK), a leading global data analytics and technology provider. Previously, Mann held key positions at S&P Global and Goldman Sachs.
Greg Brown, chairman and CEO of Motorola Solutions, praised Mann's proven leadership in finance, risk management, technology, and analytics. Mann expressed her enthusiasm for joining the board during a period of growth and momentum, aiming to support value creation through innovation. Her extensive global experience and capital management expertise are expected to be valuable additions to the board.
Motorola Solutions (NYSE: MSI) has announced a quarterly dividend of $0.98 per share. The dividend will be paid on October 15, 2024, to shareholders of record as of the close of business on September 13, 2024. This regular quarterly dividend demonstrates Motorola Solutions' commitment to returning value to its shareholders and reflects the company's financial stability. The announcement provides important information for current and potential investors, helping them make informed decisions about their investment in MSI stock.
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