BlackBerry (BB) Signs Notable Deal With StradVision

By Dan Anderson • Sep 9, 2020
  • BlackBerry Ltd (NYSE: BB) (TSX:BB) recently announced StradVision — an industry leader in AI-based camera perception technology — will be utilizing the QNX Software Development Platform within a number of next-generation Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) from South Korean automakers

BlackBerry Ltd (NYSE: BB) (TSX:BB) recently announced StradVision — an industry leader in AI-based camera perception technology — will be utilizing the QNX Software Development Platform within a number of next-generation Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) from South Korean automakers. As part of the agreement, BlackBerry will license its BlackBerry QNX technology to StradVision, including its QNX Software Development Platform (SDP) 7.0 for use in the company’s SVNet — an AI-based camera perception software tool that is expected to be adopted by South Korea’s top automotive supplier and a leading automotive original equipment manufacturer (OEM).

Empowered by StradVision’s patented Deep Neural Network, SVNet saves power and is compatible with target hardware systems, which allows vehicles to detect objects, including other cars on the road, lanes, pedestrians, animals, signs and traffic lights. And SVNet remains fully operational even in harsh climates and continues to improve vehicle safety by analyzing collected data with speed and accuracy.

The QNX Software Development Platform (SDP) is considered a very secure and highest performance and reliable OS platform. Plus It includes the QNX Neutrino RTOS, QNX Momentics Tool Suite, and QNX Software Center to provide a full-featured and real-time operating system and development tools for embedded developers.

BlackBerry has a broad portfolio of embedded software including a Type 1 hypervisor, real-time operating system, development tools, and middleware for embedded systems. And outside of automotive, QNX OS is used in life and safety-critical systems for medical devices, industrial controls, rail, robotics, aerospace, and defense.

According to Maeil Business News Korea, StradVision is reportedly planning the first self-driving solution IPO in Korea in 2022. Investors in StradVision include Hyundai Motor Group and LG Electronics. StradVision has been recruiting underwriters for the IPO.

KEY QUOTES:

“The competitiveness of SVNet lies in its flexibility with its broad hardware support and deep learning software for the advancement of safer driving. Leveraging BlackBerry technology will reinforce SVNet as one of the most reliable, safe, and robust camera perception solutions for ADAS & Autonomous Vehicles, enabling us to bring more innovation and convenience to customers.”  

— Junhwan Kim, CEO of StradVision

“We are excited to work with StradVision to help our automotive customers surpass their competition with our reliable and secure QNX Neutrino Real-time Operating System. This relationship further cements our leadership as a provider of secure operating systems and foundational software solutions designed to meet the evolving needs for connected, and autonomous vehicles across the South Korea automotive industry.”

— John Wall, SVP and Co-Head, BlackBerry Technology Solutions