BlackBerry's CEO John Giamatteo emphasized the company's commitment to robotics, describing it as one of the fastest-growing segments within its QNX portfolio. QNX, known for its safety-critical software used in 275 million vehicles, is now being adapted for industrial robots, including those used in warehouses and medical settings.
Giamatteo noted that while the automotive sector remains important, the robotics market presents significant growth opportunities. The company has a backlog of orders for QNX valued at $950 million, with a portion attributed to robotics, although specific figures for robotics orders were not disclosed.
BlackBerry's stock has doubled this year, reflecting improved margins and profitability, as the company positions itself for future growth in robotics and autonomous vehicles, which are often categorized under physical AI. The recent partnership with Nvidia to integrate its software with Nvidia's systems further underscores BlackBerry's strategic direction in this evolving market