BlackBerry Limited Announces QNX Design Win, Adds $100M+ Royalty Backlog

What Happened

• On September 22, 2026, BlackBerry Limited (through its QNX division) and Vector Informatik jointly announced the first design win for Alloy Kore™, the foundational vehicle OS they developed. The win with Coretura (the software-defined vehicle platform company founded by Daimler Truck and Volvo Group) adds over $100 million to QNX’s royalty backlog and is the largest design win in QNX history. A press release was furnished as Exhibit 99.1 to the Form 8‑K.

Key Details

• Date: September 22, 2026 — announced jointly by BlackBerry (QNX) and Vector.
• Customer: Coretura, founded by Daimler Truck and Volvo Group.
• Impact: Adds more than $100 million to QNX royalty backlog; largest design win to date for QNX.
• Caveat: QNX royalty backlog is an estimate of future variable royalties based on projected volumes and rates; actual revenue depends on production volumes, contract terms and other factors. The filing includes standard forward‑looking statement disclosures and risk factors.

Why It Matters

• This design win potentially increases BlackBerry’s future recurring royalty revenue and strengthens QNX’s position in automotive vehicle OS platforms. However, investors should note the backlog is an estimate—not guaranteed revenue—and recognition will depend on customer development, integration, certification and actual vehicle production timelines, as well as other contract risks disclosed in the filing.