Motorola Solutions, Inc. New - MSI STOCK NEWS

Motorola Solutions (NYSE: MSI) has acquired Noggin, an Australian-based provider of critical event management (CEM) software. Noggin offers a cloud-based platform that enhances business continuity planning, operational resilience, and incident management with features like flexible workflows, built-in maps, and situational awareness dashboards. This acquisition aims to bolster Motorola Solutions' portfolio in emergency coordination and enterprise security, enabling better connectivity and collaboration for public safety agencies and enterprises. Financial details of the transaction were not disclosed.

Motorola Solutions (NYSE: MSI) has published its 2023 Corporate Responsibility Report, showcasing its dedication to environmental, social, and governance (ESG) initiatives. Key highlights include a $858 million investment in R&D, enhancing their portfolio of 6,560 patents with 775 pending. The company advanced AI technologies to improve emergency response and secured recognition from various esteemed organizations. Record employee volunteerism of nearly 100,000 hours and $10.3 million in grants were directed towards underserved communities. Motorola Solutions also launched the GO ALL Inclusive initiative and expanded its diverse supplier base by over 700, supporting 3,500 supplier jobs. The report emphasizes continual efforts to reduce greenhouse gas emissions and foster sustainability.

Motorola Solutions (NYSE: MSI) has launched VESTA NXT, a 9-1-1 software designed to enhance call handler efficiency and reduce information overload. The software integrates AI to handle non-emergency calls, potentially reducing the workload of call handlers by 20-35%. VESTA NXT consolidates data from various public safety systems onto one platform, providing important information like maps, floor plans, and caller details to call handlers and dispatchers. This technology aims to streamline the 9-1-1 call process, allowing faster and more accurate emergency responses. VESTA NXT is available both as a cloud-based and on-premises solution and offers a consistent user experience across multiple devices. It will be featured at the NENA Conference in Orlando, FL from June 28 to July 3.

The Motorola Solutions Foundation, in partnership with Calculated Genius, awarded $100,000 in scholarships to 40 students from underserved Chicagoland communities pursuing technology and engineering degrees. Each scholarship provides $3,000 for the first year and $2,500 each subsequent year for up to four years. Recipients also receive mentorship and internship opportunities from Motorola Solutions. The students, many of whom are women and first-generation college students, were recognized at a special ceremony in Chicago. The program aims to enhance diversity and inclusion in engineering and technology fields.

Motorola Solutions (NYSE: MSI) announced that Police Scotland will deploy 10,500 VB400 body cameras to front-line officers. The £13.3 million (~$16 million) investment aims to enhance transparency, accountability, and public safety.

A public consultation revealed that 81% of 9,000 respondents believe body cameras will boost public confidence. Deputy Chief Constable Jane Connors highlighted their potential to improve evidence quality and expedite justice.

The VB400 cameras capture high-quality video and audio, with footage securely stored in VideoManager. Police Scotland joins other global law enforcement agencies using Motorola's technology.

Motorola Solutions (NYSE: MSI) announced that its Avigilon Unity on-premise video security suite has been added to the Department of Defense’s Information Network Approved Products List (DoDIN APL). This certification ensures that the suite meets the highest standards for data security and interoperability. The suite provides advanced video security solutions for defense, intelligence, and federal law enforcement agencies, aiding in the protection of essential assets and military personnel. This certification streamlines the procurement and deployment process across global agency networks. The Avigilon Unity suite includes cameras, software, and network video recorders that can be configured for Federal Information Processing Standard (FIPS) 140-2 compliance. The suite joins Motorola Solutions’ WAVE Tactical interoperable communication and broadband push-to-talk solution, which also received DoDIN APL certification in 2023.

Motorola Solutions (NYSE: MSI) is emphasizing the purposeful use of AI in public safety during Fast Company’s Most Innovative Companies Summit in New York. The company aims to revolutionize safety and security by leveraging AI. Key speakers include Mahesh Saptharishi, Motorola's CTO, alongside notable experts like retired U.S. Army Brigadier General Patrick Huston and University of Pennsylvania professor Michael Kearns. Motorola Solutions invested $858 million in R&D in 2023, holding around 6,560 patents, to advance AI technologies that can significantly reduce 9-1-1 response times, potentially saving 10,000 lives annually in the U.S.

Motorola Solutions has been named to the Women Tech Council's 2024 Shatter List, recognizing companies that promote equality in the tech industry. This accolade highlights Motorola's efforts to break the glass ceiling for women by removing career advancement barriers. The Shatter List evaluates companies on four criteria: executive engagement, leadership initiatives, community investment, and formal internal programs. Motorola's inclusion underscores the impact of its initiatives and dedication to fostering an inclusive culture. This recognition celebrates the contributions of women at Motorola and their role in driving innovation and success.

Motorola Solutions (NYSE: MSI) has announced its board of directors has approved a regular quarterly dividend of 98 cents per share. This dividend will be paid in cash on July 15, 2024, to shareholders who are on record by the close of business on June 14, 2024.