The Canadian government has announced that it is to invest $40 million in automotive software developer Blackberry QNX, as it seeks to establish Canada as a global leader in cybersecurity and automotive software for connected and autonomous vehicles.
Prime Minister Justin Trudeau unveiled the investment, which will see Blackberry QNX developing 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,” said Trudeau.
BlackBerry QNX will use the funding to develop new automated control systems, upgrade and secure communications in vehicles, and improve vehicle safety by expanding its advanced driver-assistance system. The company will also develop and use concept cars to help develop its technology and software.
“BlackBerry is trusted by automakers and Tier 1s around the world to protect hardware, software, applications, and end-to-end systems from cyberattacks,” said John Chan, Blackberry’s Executive Chairman and CEO.
“Thanks to the Canadian government’s commitment we’re now in an even stronger position to deliver on the demand for BlackBerry’s safe and secure QNX software.”
The company, which employs nearly 2,000 people in Canada, will invest $310.5 million in the project. Its QNX technology is already embedded in more than 120 million vehicles on the roads today.