Latest news with #unmannedSystems
Yahoo
4 days ago
- Business
- Yahoo
Motorola Solutions Completes Acquisition of Silvus Technologies Holding Inc.
Adds mobile ad-hoc network leadership and extends company into a multi-billion-dollar, rapidly growing addressable market for drone and unmanned systems CHICAGO, August 06, 2025--(BUSINESS WIRE)--Motorola Solutions (NYSE: MSI) has completed its acquisition of Silvus Technologies Holdings Inc. ("Silvus"), a global leader in mission-critical mobile ad-hoc networks (MANET), based in Los Angeles, California. Silvus' MANET technology is designed to support frontline operations in the most challenging and contested environments, enabling highly secure data, video and voice communications without the need for fixed infrastructure. Their devices mesh together to establish large, scalable and self-healing networks that adapt to continuous mobility. These robust mobile networks connect people, devices and other nodes over distance and at scale, and seamlessly support bandwidth-intensive technologies like video, sensors and drones. "Silvus' advanced solutions for drone and unmanned systems are trusted in the world's most demanding defense environments, and offer vital applications for border security and public safety," said Greg Brown, chairman and CEO, Motorola Solutions. "Their capabilities are an excellent complement to our land mobile radio and video technologies, and we look forward to bringing them to more customers around the world." Autonomous technologies, including drones, vehicles and robots, are increasingly deployed to safely provide a greater distance between soldiers and potential threats. Silvus' technology allows human operators to securely control these systems with extremely low latency, helping to save lives while informing better tactical decisions. Silvus' wide range of customers spans defense agencies, autonomous systems manufacturers, the intelligence community, law enforcement and enterprises globally. Motorola Solutions plans to extend Silvus' reach through its global scale and long-standing relationships with government and public safety customers around the world. "Working with Babak and the Silvus team, we've seen firsthand how their expertise has created truly disruptive communications technology," said Erik Fagan, Partner and Head of Industrial Technology, TJC. "They've built an exceptional company serving a critical need, and we are excited to watch their next successful chapter unfold with Motorola Solutions as a global leader in safety and security." "We have always respected Motorola Solutions' leadership," said Babak Daneshrad, PhD, CEO, Silvus Technologies. "At our core, both our companies are driven by innovation that makes the world safer. Bringing our advanced engineering teams together amplifies our ability to build more powerful solutions to serve more customers globally. I am incredibly optimistic about the future we have with Motorola Solutions." More information about the acquisition will be shared during Motorola Solutions' quarterly conference call with financial analysts at 4 p.m. Central (5 p.m. Eastern) on Aug. 7. The conference call will be webcast live and a replay will be available at Download video and images from the media kit. Transaction Terms Under the terms of the purchase agreement, the consideration for the Silvus acquisition includes $4.4 billion in upfront consideration, comprising approximately $4.38 billion in cash (subject to customary adjustments) and approximately $20 million in restricted stock to certain employee equity holders. The terms of the purchase agreement also include the ability to earn earnout consideration of up to $600 million in the aggregate based on business performance over consecutive twelve-month periods ending in 2027 and 2028. About Motorola Solutions | Solving for safer Safety and security are at the heart of everything we do at Motorola Solutions. We build and connect technologies to help protect people, property and places. Our solutions foster the collaboration that's critical for safer communities, safer schools, safer hospitals, safer businesses, and ultimately, safer nations. Learn more about our commitment to innovating for a safer future for us all at About TJC TJC, formerly known as The Jordan Company, has worked for more than 40 years with CEOs, founders and entrepreneurs across a range of industries including Consumer & Healthcare, Diversified Industrials, Industrial Technology, Aerospace & Defense, Logistics & Supply Chain and Technology & Infrastructure. With $32.0 billion of assets under management as of March 31, 2025, TJC is managed by a senior leadership team that has invested together for over 23 years on over 85 investments. TJC has offices in New York, Chicago, Miami and Stamford. For more information, please visit Motorola Solutions Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of applicable federal securities law. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as "believes," "expects," "intends," "anticipates," "estimates" and similar expressions. Motorola Solutions can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent Motorola Solutions' views only as of today and should not be relied upon as representing Motorola Solutions' views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to, expected benefits of the transaction to Motorola Solutions and the Silvus business, the ability to expand the reach of Silvus' offerings, and our ability to integrate and combine the two companies. Motorola Solutions cautions the reader that the risks and uncertainties, including those in Part I Item 1A of Motorola Solutions' 2024 Annual Report on Form 10-K and in its other U.S. Securities and Exchange Commission ("SEC") filings, which are available for free on the SEC's website at and on Motorola Solutions' website at could cause actual results to differ materially from those estimated or predicted in the forward-looking statements. Many of these risks and uncertainties cannot be controlled by Motorola Solutions and factors that may impact forward-looking statements include, but are not limited to, Motorola Solutions' ability to successfully integrate and operate Silvus and realize the anticipated benefits of the acquisition. Motorola Solutions undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise. View source version on Contacts Media Contact Alexandra +1 312 965 3968 Investor Contact Tim YocumMotorola +1 847-576-6899
CNA
29-05-2025
- General
- CNA
Defence chiefs of all five FPDA member countries meet for first time in a decade
The Five Power Defence Arrangements (FPDA) is aiming to address growing threats to underwater infrastructure, which supports essential services such as phone lines, internet connectivity and energy transmission. The FPDA — whose member countries include Singapore, Australia, Malaysia, New Zealand and the United Kingdom — is also focusing on threats from unmanned systems. This, as defence chiefs from all five FPDA countries met for the first time in a decade. Aslam Shah reports.
Yahoo
09-05-2025
- Business
- Yahoo
ISU approves new academic initiatives at Board of Trustees meeting
TERRE HAUTE, Ind. (WTWO/WAWV)— On Friday, the Indiana State University Board of Trustees met and approved multiple new initiatives to give students more opportunities and better align programs with workforce needs. Dr. Christopher Olsen, the Provost and Vice President of Academic Affairs, presented a new undergraduate certificate in unmanned systems. This certificate will provide specialized drone technology training to students. 'The new Unmanned Systems certificate provides a flexible, skills-based credential that complements a variety of majors,' said Provost Olsen. 'It opens doors for students to explore the rapidly evolving field of drone technology while enhancing their ability to gather, interpret, and apply data, particularly in fields such as environmental science, engineering, and public safety. Additionally, the program is designed to accommodate professionals and lifelong learners who may not be pursuing a degree but are interested in gaining practical expertise for career advancement or personal enrichment.' The board also approved updates to the undergraduate catalog to expand Credit for Prior Learning (CPL) opportunities. This revised policy will allow the recognition of learning acquired outside the classroom, such as military experience, professional training, and independent study. 'As our student demographics and needs continue to evolve, we're committed to meeting learners where they are,' said Maribeth Stevens, Vice President for Enrollment Management. 'Expanded CPL and specialized credentials like the Unmanned Systems certificate reflect our focus on access, affordability, and career alignment, especially for adult learners, transfer students, and others seeking flexible, workforce-ready pathways.' The board made other changes as well, including approving the disposition of surplus real estate to the City of Terre Haute, Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CNA
09-05-2025
- Politics
- CNA
Singapore navy exploring how to adapt cheaper, off-the-shelf drones to counter emerging threats
SINGAPORE: To counter emerging threats arising from unmanned systems, the Republic of Singapore Navy (RSN) is looking at incorporating cheaper, off-the-shelf drones into its suite of capabilities; and will upgrade its ships with guns known to be effective against fast-moving targets. These updates, shared by Chief of Navy Rear Admiral Sean Wat on Friday (May 9), come amid the maritime domain experiencing what he called an "increasingly complex set of challenges". Traditional issues such as sea robberies and piracy; trafficking; and illegal unreported and unregulated fishing are still present in the region, though kept under control by littoral states. There is also the risk of maritime terror attacks which RSN is monitoring; while geopolitical rivalries and unresolved territorial disputes play out in the form of increasingly aggressive and assertive postures and actions at sea, he said. It is against this backdrop that the RSN is exploring how it can go beyond higher-end unmanned systems, to adapt lower-cost and commercially off-the-shelf drones, said RADM Wat in a written interview with the media after the International Maritime Defence Exhibition and Conference Asia 2025. "This is critical as it would allow us to shorten the capability-development cycle to effectively deal with emerging threats," he said. "We envisage that we will operate a mix of higher-end, purpose-built drones, as well as low-cost drones to fulfil the range of our operational needs." When it comes to countering these proliferating unmanned aerial systems (UAS), the Singapore navy needs to develop innovative and practical solutions, its chief added. "For example, to deal with threats posed by drones, both in the air and surface domains, the RSN will be progressively upgrading our ships with the Strales 76mm guided gun," said RADM Wat. "This also offers a cost-effective solution as compared to other conventional weapons such as higher-end missiles. We are also exploring other solutions." The Strales gun comes with Direct Ammunition Recovery Technique (DART) where projectiles are guided by a radio beam that follows the target through a homing system. The Singapore navy already uses a mix of missile and gun platforms to counter air and surface threats. Last month, it posted on Facebook about using the Aster missile system to take down an aerial drone off the coast of France, during a live-firing exercise. NEW PATROL VESSELS RADM Wat also gave updates on the navy's future platforms, including Singapore's first two offshore patrol vessels which are expected to be introduced from 2028. Earlier in April, a keel-laying ceremony - which customarily marks the start of full production - was conducted for the two ships in Lithuania. The navy chief noted there was "good progress" in the construction of the vessels, which are based on a "proven" design by the German Federal Police and designed with high manoeuvrability to operate in Singapore's congested waters. "The ships will be equipped with a suite of lethal and less-lethal capabilities to provide flexibility and calibrated responses against a wide spectrum of maritime threats," said RADM Wat, adding that they will progressively replace the Maritime Security Response Flotilla's existing Sentinel-class vessels. This adds on to other new naval assets announced by Defence Minister Ng Eng Hen during his ministry's parliamentary budget debate in March. Two more Invincible-class submarines will be added to RSN's current fleet of four, and are projected for delivery from 2034. The navy will also launch its first multi-role combat vessels (MRCVs), which are expected to be progressively operationalised from 2028. The Singapore Armed Forces is also looking into replacing its Fokker-50 maritime patrol aircrafts which have been in service for three decades. The Boeing P-8A and Airbus C295 are being evaluated as possible contenders. LESSONS FROM ELSEWHERE Looking at conflicts abroad, Rear Admiral Wat pointed out that the Houthis used a variety of low-end and high-end weapons in attacks in the Red Sea. The militant group, which controls much of Yemen, has been targeting ships in the inlet since Israel began its military offensive against Hamas in Gaza. " Shipping through the Red Sea fell significantly, costing hundreds of billions of dollars of damage to the global economy," the RSN chief noted. He also observed how novel maritime unmanned capabilities have been employed in the Russia-Ukraine conflict. Attacks on critical underwater infrastructure have also come into sharp focus in recent months, said RADM Wat, pointing to underwater cables and pipelines being damaged, particularly in the Baltic Sea. Countries in that region moved quickly to respond, with national governments working closely with regional partners, private industries and other stakeholders to secure the infrastructure, he noted. He cited an example of the North Atlantic Treaty Organization or NATO launching an operation bringing together navies and other agencies to protect the infrastructure in the Baltic Sea. He also pointed to Dr Ng raising such underwater infrastructure as an "area of concern" during a meeting with ASEAN defence ministers earlier this year. RADM Wat said the RSN cannot navigate complex maritime security challenges alone and that partnerships - both international and regional - are key, be it through dialogues or other forms of cooperation. The Singapore navy will also continue to strengthen defence relations through regular engagement with counterparts around the world, with bilateral and multilateral exercises.
