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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) announced that Chairman and CEO Greg Brown will participate in the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 25, 2021, at 2:10 p.m. EST. A live webcast and replay of this virtual fireside chat will be available on Motorola Solutions' Investor Relations website. The company is recognized for its leadership in mission-critical communications and analytics, providing technologies that enhance public safety and business productivity.
Motorola Solutions (NYSE: MSI) emphasizes its commitment to public safety amid increasing natural disasters, leveraging over 90 years of experience in mission-critical communications. The company offers an integrated technology ecosystem for first responders, ensuring reliable communication through Project 25 land mobile radio networks. The ASTRO 25 radio system aids in coordinated emergency responses, while cloud-based solutions enhance security and resilience. Innovative programs like drone deployments and CAPE software improve situational awareness and resource allocation during emergencies.
Motorola Solutions has secured a four-year framework agreement with BlueLight Commercial to provide integrated 4RE In-Car Video Solutions to U.K. emergency services, including police and border security. This initiative aligns with the National Police Chiefs Council’s Roads Policing Strategy aimed at enhancing road safety and operational efficiency. The technology will enable real-time evidence capture via multiple camera views and support better decision-making during emergencies, ultimately aiming to reduce road accidents and enhance officer productivity.
Motorola Solutions (NYSE: MSI) has announced the redemption of all remaining $324,029,000 of its 3.500% senior notes due March 1, 2023. The full redemption will occur on June 10, 2021, at a price equal to the greater of the principal amount or the present values of remaining scheduled payments, plus accrued interest. The determination of the redemption price will occur on June 7, 2021, at 5:00 PM EDT. A notice of redemption will be provided to registered holders by The Bank of New York Mellon Trust Company.
Motorola Solutions (NYSE: MSI) reported robust Q1 2021 earnings, achieving record revenue of $1.773 billion, a 7% increase year-over-year. GAAP operating earnings rose 15% to $298 million, with EPS at $1.41, reflecting a 26% growth. The board approved a $2 billion increase in the share repurchase program, totaling $16 billion since 2011. The company projects Q2 revenue growth between 19% to 20% and full-year revenue growth of 8% to 9%, up from prior estimates. Ending backlog reached $11.3 billion, up 8%.
Motorola Solutions (NYSE:MSI) announced a significant deployment of 30,000 VB400 body-worn cameras to the French National Police and Gendarmerie, valued at $17.5 million (€15 million). This initiative aims to enhance policing transparency and safety, aligning with the French government's objectives. The VB400 features high durability and a 12-hour recording battery, along with streamlined integration into the VideoManager evidence management system. This contract follows previous successful deployments, solidifying Motorola's position in the global body-worn camera market.
Motorola Solutions (NYSE: MSI) has launched its Safe Hospitals solution, a comprehensive technology platform designed to enhance safety and security in healthcare environments. This solution integrates video, data, analytics, and communications to effectively manage risks such as patient elopement and drug theft. SSM Health has already implemented this system across its 23 hospitals, improving response times and operational efficiency. The platform allows for tailored security measures, enabling hospitals to better protect staff and patients while optimizing resource allocation.
Motorola Solutions (NYSE: MSI) is set to release its first-quarter 2021 earnings results on May 6, after market close. A conference call for financial analysts will take place at 4 p.m. Central (5 p.m. Eastern) that same day, which will be available for live webcast. Motorola Solutions is a leader in mission-critical communications and analytics, providing technologies that enhance public safety and productivity.
Motorola Solutions (NYSE: MSI) has launched a new integration of its V300 body-worn cameras with APX Project 25 two-way radios. This innovation enhances evidence capture and officer safety by automatically activating the camera when emergency mode is triggered on the radio. This integration aims to streamline tasks during critical situations, allowing officers to maintain focus. The feature will be available on several APX radio models, aligning with the company's mission to improve law enforcement technologies and workflows while enhancing community trust and transparency.
Motorola Solutions has secured a contract with Helsetjenestens Driftsorganisasjon for Nødnett HF (HDO HF) to implement the CommandCentral Control Room Solution for the Norwegian Health Emergency Service. This new system aims to enhance efficiency and scalability in emergency response, addressing increased demands during the COVID-19 pandemic. The solution will unify data, streamline workflows, and automate essential tasks, ultimately improving cooperation among healthcare organizations. It allows HDO HF to manage operations with greater flexibility and reduced costs.
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