BlackBerry CEO Says Alloy Kore Platform Could Unlock Higher Vehicle Software Revenue

At BlackBerry's annual shareholder meeting, CEO John Giamatteo said the Alloy Kore platform could expand the company's role from an operating system provider to a platform provider, increasing software content delivered in every vehicle and significantly boosting pricing.

Giamatteo noted BlackBerry expects to secure its first Alloy Kore design win during the current fiscal year. QNX revenue in the first quarter grew 26% to $72.3 million, while Secure Communications revenue climbed 24% to $73.6 million. The company raised its fiscal 2027 revenue guidance to 8–13% growth from the previous year. Giamatteo highlighted partnerships with Nvidia, Arm and Qualcomm.