Blackberry (BB) Stock News

BlackBerry's QNX division and Vector have signed an MoU to develop a Foundational Vehicle Software Platform for software-defined vehicles (SDVs). The platform combines Vector's safe middleware technology with QNX's safety-certified operating system, with potential integration of TTTech Auto's MotionWise Schedule. This collaboration aims to simplify automotive software development, reduce complexity, and accelerate time-to-market for OEMs. The platform will be ISO 26262 ASIL D and ISO 21434 compliant, with early access available to selected partners in 2025 and certified release planned for late 2026. The solution will help OEMs reduce duplicative software development while focusing on delivering differentiated in-vehicle experiences.

BlackBerry's QNX Software Development Platform 8.0 has been selected as the foundational operating system for the Eclipse Safe Open Vehicle Core (S-CORE) Project, a collaborative open-source initiative under the Eclipse Software Defined Vehicle Working Group. The project brings together major automotive players including BMW Group, Mercedes-Benz, Bosch, and others to develop an open-source core stack for Software Defined Vehicles (SDVs). Through the QNX Everywhere initiative, which provides free access to QNX SDP 8.0 for non-commercial use, developers can accelerate SDV development and reduce costs. The first S-CORE release (v0.5) will offer core functionalities like application orchestration and inter-process communication, built on QNX's robust foundation. QNX is currently trusted by major global automakers including BMW, Ford, GM, Honda, and Toyota for various automotive applications from digital cockpits to ADAS systems.

BlackBerry Limited (NYSE:BB, TSX:BB) has announced its Annual General and Special Meeting (AGM) scheduled for June 25, 2025, at 10:00 am ET. The meeting will be held virtually through a live audio webcast and voting platform accessible at web.lumiconnect.com/432-058-297. Registered shareholders and appointed proxyholders can participate in voting, while non-registered shareholders must complete proxy appointment and registration with Computershare Investor Services by June 23, 2025, at 10:00 am ET to vote. Those without voting privileges can join as guests. A user guide with detailed instructions is available on BlackBerry's website, and a replay of the AGM will be posted on BlackBerry.com/Investors.

BlackBerry (NYSE:BB, TSX:BB) has scheduled its Q1 FY2026 earnings conference call for June 24, 2025, at 5:30 p.m. ET. The call will be accessible via webcast and toll-free dial-in (+1 844-763-8275, Entry Number 52549). A replay will be available from 8:30 p.m. ET using the same webcast link or by calling +1 877-481-4010 (Replay Code 52549). The company has also outlined tentative earnings dates for the remaining quarters of FY2026: Q2 results on September 25, 2025 (Q2 period: June 1 - August 31), Q3 results on December 18, 2025 (Q3 period: September 1 - November 30), and Q4 results on April 9, 2026 (Q4 period: December 1 - February 28).

QNX, a BlackBerry (NYSE:BB) division, has launched QNX Hypervisor 8.0, an advanced embedded virtualization solution built on the QNX Software Development Platform 8.0. The new hypervisor enables multiple operating systems including Android, Linux, and QNX to operate simultaneously on a single system-on-chip (SoC). According to TechInsights, 90% of vehicles by 2030 will have at least one domain controller, making hypervisors crucial for software-defined vehicles. The solution combines Type 1 Hypervisor's direct hardware access with Type 2's flexibility, featuring comprehensive virtualization capabilities including virtual memory, CPUs, and interrupt controllers. Already deployed in tens of millions of vehicles, QNX technology is trusted by major automotive OEMs including BMW, Honda, Mercedes-Benz, and Toyota.

BlackBerry (NYSE:BB) announced that Direct ChassisLink, Inc. (DCLI), the largest U.S. container chassis provider, will deploy BlackBerry Radar across 100,000 DCL53 domestic chassis. This expansion follows DCLI's successful five-year use of Radar devices on a subset of their fleet. The BlackBerry Radar solution provides near real-time asset monitoring, enabling precise tracking, advanced inventory insights, and optimized operations.

The technology deployment will enhance DCLI's fleet management through features including location-based alerts, streamlined billing processes, and improved maintenance visibility. The system helps address industry challenges like driver shortages and supply chain disruptions by providing enhanced fleet visibility and management capabilities.

BlackBerry (NYSE:BB) has announced its participation in two upcoming investor conferences in June 2025. CEO John Giamatteo and CFO Tim Foote will participate in a fireside chat at the Baird 2025 Global Consumer, Technology & Services Conference on June 3, 2025, at 9:40am ET. Additionally, CFO Tim Foote and QNX President Mattias Eriksson will join a fireside chat at the 2025 Wells Fargo Industrials and Materials Conference on June 12, 2025, at 9:45am ET. Live streams will be available for both events, with replays accessible on BlackBerry's investor relations website.

BlackBerry (NYSE:BB) has announced its participation in the upcoming CIBC Technology & Innovation Conference 13.0 on May 22, 2025. John Wall, Chief Operating Officer of QNX and Head of Product, Engineering & Services, will participate in a fireside chat at 8:00am ET. The event will be available via live stream, and a replay will be accessible on BlackBerry's investor relations website.

BlackBerry (BB) has announced a normal course issuer bid (NCIB) share buyback program, receiving approval from the Toronto Stock Exchange. The program allows for the repurchase of up to 27,855,153 common shares, representing approximately 4.7% of the outstanding public float as of May 5, 2025.

The buyback will be executed through various exchanges including TSX, NYSE, and alternative trading systems, with daily purchases through TSX limited to 721,194 shares. The NCIB will run from May 12, 2025 to May 11, 2026. BlackBerry expects to generate positive operating cash flow during fiscal 2026 and believes the share repurchase program represents an appropriate use of available funds when share prices don't reflect the company's underlying value.