Motorola Solutions, Inc. (NYSE:MSI)
The New South Wales Telecommunications Authority and Motorola Solutions, Inc. (NYSE:MSI) have just signed a contract extension to see MSI’s Public Safety Network further developed over the next five years (PSN). The contract for AUD 60 million (US $41.9 million) will ensure the dependability of voice and data connection, making it possible for first responders across the state to constantly be linked. This will be made possible by the contract.
The Public Safety Network (PSN) can effectively use the public safety services offered by Motorola Solutions, Inc. (NYSE:MSI) since these services include network lifecycle updates in addition to providing round-the-clock cybersecurity. In addition, it ensures smooth performance, helps ensure that the mission-critical technology that is employed is always up to date, and keeps sensitive data safe.
PSN is regarded by the NSW Telco Authority as the most essential and significant communications network in New South Wales since it is the one that is geographically closest to Australia’s triple-zone emergency hotline. The network has provided New South Wales agencies with important communication during various emergency situations, such as rescue and emergency efforts during the most recent devastating floods, the Black Summer bushfires of 2019/20, and other natural disasters. For example, the network has provided important communication during the most recent devastating floods, the Black Summer bushfires of 2019/20, and other natural disasters. It is one of the largest emergency communication networks in the world, covering a total area of 324,000 square kilometers across its expansive coverage area. As a result, its improvement has been entrusted to Motorola as an essential obligation.
With the assistance of the most recent offerings of software-as-a-service, public safety agencies can now monitor video feeds and camera networks more effectively, thanks to the successful integration of Motorola’s Avigilon Blue cloud video security platform and the CommandCentral Aware software.
The upgrade from Motorola Solutions, Inc. (NYSE:MSI) will allow NSW Telco Authority to implement next-generation technology at some point in the future. This will be accomplished by expanding the reach of interoperable land mobile radio (LMR) communications to a larger userbase with the assistance of cellular networks and the deployment of convergent communication devices. The powers of the network to locate vehicles and people and safeguard them will be further improved by changes to the software.
The industry fell 5.9% during the past year, which contrasts favorably with the stock’s increase of 5.9% over the same period. Motorola Solutions, Inc. (NYSE:MSI) is now ranked third by Zacks (Hold).
Featured Image: Megapixl @Rafaelhenriquepress
Author Shariq Khan 
