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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) will release its second-quarter 2021 earnings results on August 5 after market close. Following the earnings announcement, the company will conduct a conference call with financial analysts at 4 p.m. Central (5 p.m. Eastern) that will be available via live webcast. Motorola Solutions is a recognized leader in mission-critical communications and analytics, providing technologies that enhance public safety and operational security.
Motorola Solutions (NYSE: MSI) has introduced the Compass Decision Management System™, enhancing its video security and analytics portfolio. This system allows organizations to improve security responses by automating procedures and incident reporting while integrating with existing video management and access control systems. Compass aims to eliminate operational silos and streamline workflows to enhance safety and efficiency. The launch reflects Motorola's commitment to providing advanced technologies for better security outcomes.
Motorola Solutions (NYSE: MSI) has announced a definitive agreement to acquire Openpath Security Inc., a leader in cloud-based mobile access control. The completion of the transaction is expected by the end of the month, although financial terms have not been disclosed. This acquisition aims to enhance security solutions by integrating access control with video security, allowing businesses greater visibility and control over their entry points worldwide. CEO Greg Brown emphasized the critical need for security in today's environment, while Openpath CEO Alex Kazerani expressed excitement about future innovations.
Motorola Solutions (NYSE: MSI) has released its 2020 Corporate Responsibility Report, outlining achievements in environmental, social, and corporate governance (ESG) initiatives. Highlights include an 8.1% reduction in Scope 1 and 2 carbon emissions, $13.5 million in cash donations during the pandemic, and commitments to diversity and inclusion. Recognized by various organizations for excellence, the report emphasizes the company's dedication to community support and employee welfare amid COVID-19 challenges.
Motorola Solutions (NYSE: MSI) has launched the CommandCentral suite, a cloud-native, end-to-end command center software for public safety. Designed based on extensive customer feedback, this suite integrates data from 911 call handling, dispatch, and analytics in real-time for enhanced decision-making. CommandCentral eliminates information silos, ensuring immediate access to incident data across various applications, improving collaboration among public safety personnel. This suite marks a significant advancement in streamlining workflows and enhancing situational awareness during emergencies.
Motorola Solutions (NYSE: MSI) has introduced its Concealed Weapon Detection (CWD) system in collaboration with Evolv Technologies. This innovative solution utilizes advanced sensors and AI to identify concealed weapons, allowing up to 3600 visitors per hour to pass without manual checks. Alerts are sent to security personnel via the Avigilon Control Center for immediate response. The CWD can be adjusted for sensitivity based on facility needs, enhancing safety measures. The product is now available in North America, reflecting Motorola's commitment to advancing security technology.
Motorola Solutions announced the deployment of VB400 body-worn cameras to all frontline officers of the Malta Police Force as part of a five-year service contract. This initiative aims to enhance the police force’s transformation strategy, focusing on modernization, transparency, and community trust. The VB400 cameras feature the Holster Aware technology, which automatically records during critical situations, thus improving evidence gathering. This deployment aligns with global trends in police technology adoption, highlighting Motorola’s commitment to public safety and innovation.
Anterix (NASDAQ: ATEX) and Motorola Solutions (NYSE: MSI) have entered into an agreement to enhance private LTE networks for utility companies, aiming to modernize the electric grid. This collaboration builds on Motorola's existing Private Broadband for Critical Infrastructure platform and the FCC's transition of the 900 MHz band to broadband. Anterix's licensed spectrum will enable utilities to deploy advanced LTE networks, providing better service to customers. They are also assisting Xcel Energy in evaluating a private LTE solution for improved grid management.
On May 25, Motorola Solutions Foundation (MSI) and Boeing (BA) will host the annual Chicago STEM Signing Day for the fourth consecutive year. The event recognizes 50 underrepresented students from the Chicagoland area committing to top technical schools and careers in STEM fields. Each student will receive a $1,000 scholarship. The virtual celebration features key speakers including Mayor Lori E. Lightfoot. Since 2018, the Foundation has awarded over $150,000 in scholarships to more than 175 students. Boeing also supports STEM initiatives nationwide, impacting nearly 2,000 students since inception.
Motorola Solutions (NYSE: MSI) has declared a quarterly dividend of 71 cents per share, with the payment scheduled for July 15, 2021. Shareholders on record as of June 15, 2021 will receive the dividend, reflecting the company's ongoing commitment to delivering returns to its investors. Known for its leadership in mission-critical communications, Motorola Solutions utilizes advanced technologies to enhance public safety and business productivity.
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