STOCK TITAN

StradVision Selects BlackBerry to Drive Advancements Across South Korean Automotive Industry

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

WATERLOO, ON and SEOUL, South Korea, Sept. 7, 2020 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced StradVision, an industry leader in AI-based camera perception technology, will utilize the QNX Software Development Platform within a number of next generation Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) from South Korean automakers.

With 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).

"The competitiveness of SVNet lies in its flexibility with its broad hardware support and deep learning software for the advancement of safer driving," said Junhwan Kim, CEO, StradVision. "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."  

"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," said John Wall, SVP and Co-Head, BlackBerry Technology Solutions. "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."

Empowered by StradVision's patented and cutting-edge Deep Neural Network, SVNet saves power and is compatible with target hardware systems, allowing vehicles to detect objects; including other cars on the road, lanes, pedestrians, animals, signs and traffic lights. 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 the most secure, highest performance and reliable OS platform. It includes the QNX Neutrino® RTOS, QNX Momentics® Tool Suite and QNX Software Center to provide a full-featured, 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. Outside of automotive, the QNX OS is widely used in life and safety-critical systems for medical devices, industrial controls, rail, robotics and aerospace & defense.

For more information on BlackBerry QNX products and engineering services for embedded systems, please visit BlackBerry.QNX.com.

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints and over 175M cars on the road today.  Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems.  BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere. 
For more information, visit BlackBerry.com and follow @BlackBerry. 

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

About StradVision
StradVision is an industry pioneer in vision processing technology, accelerating the advent of fully autonomous vehicles. With more than 120 employees in their San Jose, Seoul, Tokyo and Munich offices, they address industry challenges via their expertise in deep learning, embedded platforms, perception, and advanced algorithms on a daily basis. The company received the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (Software Category).

Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com

StradVision
+1-347-508-3103
contact@stradvision.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/stradvision-selects-blackberry-to-drive-advancements-across-south-korean-automotive-industry-301124359.html

SOURCE BlackBerry Limited

BlackBerry Limited

NYSE:BB

BB Rankings

BB Latest News

BB Stock Data

1.71B
511.31M
1.67%
53.19%
8.12%
Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing
Manufacturing
Link
United States of America
WATERLOO

About BB

who we are blackberry is a mobile-native software and services company dedicated to securing the enterprise of things. blackberry secure software provides the embedded intelligence for the enterprise of things so that the internet of things can thrive. what we do today’s blackberry is a software company with a standard of security for managing the network of mobile and wearable devices, desktops and laptops, and other endpoints within enterprises. in addition to developing and providing applications, our blackberry secure platform enables enterprises and independent developers to create applications for smartphones, medical devices, connected cars, consumer appliances and industrial machinery, and much more. the result is a secure enterprise of things where enterprise customers can transform their organizations for 360-degree secure mobility and have complete confidence in their endpoint management. blackberry secure applications are showing up in every industry where secure mobile com