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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.
The Florida DOE has selected Motorola Solutions (NYSE: MSI) as a preferred provider for a statewide mobile panic alert system for K-12 schools. This initiative, developed with SaferWatch, connects school districts to law enforcement, enhancing emergency response in Florida. The solution adheres to Alyssa’s Law, mandating a mobile alert system in public and charter schools. Previously implemented in Broward County, it covers over 440 schools and supports rapid response during emergencies, providing critical information to public safety officials.
London Ambulance Service reported 529 violent incidents from April 2020 to January this year, leading to the deployment of Motorola Solutions' VB400 body-worn video solution. This initiative aims to enhance safety for emergency medical crews against abusive behavior. The VB400 cameras will provide independent evidence, ensuring accountability and transparency. London Ambulance Service, the busiest in the U.K., covers 620 square miles and employs over 8000 personnel. The new video security investment is expected to bolster both community safety and crew confidence.
Motorola Solutions (NYSE: MSI) has opened a new Video Security & Analytics manufacturing facility in Richardson, Texas. Spanning 136,000 square feet, this investment enhances North American manufacturing and boosts production capabilities for the company’s video security portfolio. The facility will support advanced, NDAA-compliant safety video solutions tailored for American public safety agencies and businesses, reflecting the company’s commitment to enhancing community safety.
Motorola Solutions (NYSE: MSI) has declared a quarterly dividend of 71 cents per share, payable on April 15, 2021, to shareholders on record as of March 15, 2021. The company is recognized globally for its role in mission-critical communications and analytics, providing essential technologies for public safety and security. This dividend affirmation signifies the board's confidence in the company's ongoing financial stability and performance.
Motorola Solutions (NYSE: MSI) has launched a new Video-as-a-Service offering designed for law enforcement agencies, which integrates body-worn cameras, digital evidence management software, and cloud support at $49/month. This initiative aims to enhance transparency and accountability in law enforcement while eliminating upfront capital investments. The package includes a V300 body-worn camera, spare battery, and access to essential applications like CommandCentral, streamlining evidence management and improving operational efficiency. Additional mobile offerings for in-car cameras are also available.
The German Armed Forces (Bundeswehr) is enhancing its digitization strategy by procuring deployable mission-critical communication networks from Motorola Solutions. This contract, awarded by the Federal Office of Bundeswehr Equipment, encompasses the design and construction of a digital communications network over four years, involving up to 120 radio systems. The project aims to improve operational efficiency and safety for personnel, integrating TETRA and LTE solutions for robust communication.
Motorola Solutions (NYSE: MSI) has unveiled its new Artificial Intelligence Network Video Recorder (AI NVR), enhancing its video security and analytics portfolio. This device integrates traditional Avigilon NVR capabilities with advanced analytics and cloud connectivity. Users can connect existing camera systems to access features like Avigilon Appearance Search™ and No Face Mask Detection. Designed for efficiency, the AI NVR facilitates better security management while ensuring robust cyber security. The product is currently available for order.
Motorola Solutions, Inc. (NYSE: MSI) reported Q4 2020 earnings with $2.3 billion in revenue, a 4% decline year-over-year, and $555 million in GAAP operating earnings. EPS rose 71% to $2.37, while full-year revenue decreased 6% to $7.4 billion. The Software and Services segment grew 8%, offsetting a 10% decline in Products and Systems Integration. Despite lower overall sales, the company had a record backlog of $11.4 billion and expects 7.25%-8% revenue growth in 2021.
The Motorola Solutions Foundation announced over $12 million in grants to charitable organizations in 2020. This included $8 million for first responders' programs and technology/engineering education, along with $2 million for COVID-19 relief. The Foundation prioritizes support for people of color, with 82% of funding in education directed to them. Furthermore, Motorola's employees contributed nearly $135,000 through volunteer grants and $1 million in matching gifts, reflecting a strong commitment to community support during challenging times.
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