BlackBerry Receives Investment from Canadian Government for Connected Vehicle SecurityFebruary 25, 2019 3:20 pm Leave your thoughts
The Government of Canada is investing $40 million in BlackBerry QNX, a business unit of BlackBerry, to develop safe and secure software systems for the next generation of connected and autonomous vehicles.
“The race for a top spot in the new economy has already begun, and if we want to see Canadians take the lead, we need to have their backs. That is why our government is investing $40 million in BlackBerry QNX to design and develop a new software platform for the cars of today and tomorrow. This investment will create good, middle class jobs for Canadians, make our cars safer and more secure, and further position Canada as a global hub for innovation,” said Justin Trudeau, Prime Minister of Canada.
The $40 million investment is made through the Strategic Innovation Fund, a program designed to attract and support high-quality business investments across all sectors of the economy by encouraging research and development that will accelerate technology transfer and the commercialization of innovative products, processes and services, and will facilitate the growth of innovative firms.
With this funding, BlackBerry QNX will develop new automated control systems, upgrade and secure communications in vehicles, and improve vehicle safety and security by expanding its advanced driver-assistance system. BlackBerry QNX will also develop and use concept cars as labs for technology and software development.
BlackBerry employs nearly 2,000 people in Canada and will establish 800 new jobs over the next 10 years.Tags: BlackBerry, cyber security, government
Categorised in: News
This post was written by Telematics Talk Staff