- The stock price of BlackBerry Ltd (NYSE: BB) increased by over 10% during intraday trading. This is why it happened.
The stock price of BlackBerry Ltd (NYSE: BB) increased by over 10% during intraday trading. Investors are responding positively to BlackBerry announcing that its QNX OS for Safety will be deployed in sTraffic’s Communications-based Train Control System (CBTC). sTraffic is known as South Korea’s leading fit-for-purpose solution developer for transportation infrastructure systems.
QNX OS for Safety has been adopted across multiple industries, including rail transportation, industrial controls, automotive, and aerospace. And QNX OS for Safety is embedded with software solutions certified to ISO 26262 ASIL D and IEC 61508 SIL3. The pre-certified software solutions enable sTraffic to develop systems that meet the most stringent safety certifications and standards including IEC 62279: 2015, a railway functional safety standard.
BlackBerry QNX works closely with rail partners to deliver the expertise and technologies needed to develop safe and secure mission-critical systems that need to be supported over long product life cycles. And the company provides time-tested and trusted foundation software — which includes a deterministic microkernel real-time operating system (RTOS) and a hypervisor, and their safety-certified variants along with other safety-certified products like QNX Black Channel Communications Technology, middleware, and cybersecurity solutions — all purpose-built for embedded systems.
KEY QUOTES:
“sTraffic is a company recognized for developing cutting-edge solutions for Korea’s railroad and transportation systems. We are confident that the mission-critical attributes of the QNX OS for Safety and QNX Professional Services will fully support sTraffic in developing a safe, secure and reliable railway protection system that also then paves the way to advance Korea’s advanced train control systems market.”
— Dhiraj Handa, VP, Asia Pacific region at BlackBerry
“Both BlackBerry and its QNX OS for Safety have an unparalleled reputation and proven safety pedigree. Thanks to the company’s broad portfolio of pre-certified solutions we’ll be able to cost-effectively and efficiently build systems that fulfill our customers’ needs and meet the target performance. We’re planning to use QNX OS for Safety as a foundational platform for the KORAIL Korea Train Control System – Metro (KTCS-M) for unmanned train operation.”
— KH.KIM, project manager of sTraffic.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.
