on BlackBerry QNX (NASDAQ:BB)
BlackBerry's QNX Achieves Significant Milestone with $1.2 Billion Royalty Backlog
BlackBerry Limited's QNX division has surpassed $1.2 billion in royalty backlog, marking a new record and a significant growth milestone. The backlog expanded by over $250 million from approximately $950 million at the fiscal year-end 2026, indicating strong demand for QNX's software. The growth is driven by the adoption of the QNX® Software Development Platform 8.0 and a new design win for Alloy Kore™, their automotive operating system.
QNX's software supports emerging high-performance vehicle architectures, potentially increasing its software content value per vehicle. The company collaborates with major automotive OEMs and suppliers, highlighting its strategic growth in software-defined vehicles and embedded AI systems across various industries.
The success of Alloy Kore, with its first design win valued at over $100 million, demonstrates its commercial potential. Beyond automotive, QNX's presence in robotics, industrial automation, and medical devices underscores growing market momentum, fueled by partnerships with leading silicon providers.
R. P.
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