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BlackBerry (TSX:BB) operating system receives safety certification in Europe

Market News, Technology, Transport
TSX:BB
16 May 2022 14:30 (EDT)
BlackBerry Limited - Vice President of Products and Strategy, Grant Courville.

Source: Auto News

BlackBerry’s (BB) QNX® OS has been certified by the European Electrotechnical Committee for Standardization (CENELEC) for use in the railway industry.

According to the company, the QNX system has been proven relevant in several industrial controls, automotive and medical applications. Now the software will provide the same support within the railway industry.

The European certification followed BlackBerry’s recent signing of South Korea’s Traffic and Portugal’s Infraestruturas de Portugal, to use QNX.

“Rail transportation is growing rapidly as trends such as urbanization, green energy, digitalization, and autonomous rail technology drive demand for modern and smart railway systems… know they can trust BlackBerry QNX to provide the software building blocks for their robust, safe and secure embedded systems.” said Grant Courville, Vice President of Products and Strategy at BlackBerry QNX.

The company believes that the certification will be a helpful tool as it grows its supply for software-driven infrastructure investments.

“With worldwide supply chain disruptions across many traditional transport modes, the rail industry is poised for massive growth and thus the certification of the QNX OS for Safety to the key railway functional safety standard could not have come at a better time… Because the software-defined railway system is a pillar of this growth, functional safety will be the foundation,” said Adhish Luitel, a senior analyst at ABI Research.

BlackBerry Limited (BB) shares price is down 1.06 per cent trading at $7.47 per share as of 2:06 p.m. ET.

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