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Coretura picked a QNX and Vector vehicle OS, and only the filing named a figure

The software platform company founded by Daimler Truck and Volvo Group selected the jointly developed Alloy Kore foundation, and BlackBerry's securities filing put a number on the win that the companies' own press release did not carry.

A semi-truck travels on a scenic highway with mountains in the background under a clear sky.
Illustrative photo · Omar Gerardo / Pexels · not the vehicle described

Coretura, the software-defined vehicle platform company founded by Daimler Truck and Volvo Group, selected Alloy Kore as the safety-certified software foundation inside its platform architecture, BlackBerry and Vector Informatik announced on September 22. Alloy Kore is a vehicle operating system that QNX, a division of BlackBerry, and Vector developed jointly, and the companies described the selection as its first design win.

The two documents describing the deal do not say the same thing. The joint press release sets out what Alloy Kore is: a safety-certified real-time operating system combined with a pre-integrated set of common automotive system services, in a single scalable foundation for deployment across high-performance compute. It does not mention money.

BlackBerry’s Form 8-K, filed with the Securities and Exchange Commission the same day, does. It states that the Coretura design win “adds over $100 million to the QNX royalty backlog and is the largest design win in QNX history.” Neither the figure nor the term “royalty backlog” appears anywhere in the release the two companies issued. The filing also defines the measure and qualifies it, saying the backlog is estimated future revenue from variable forecasted royalties and “may not be indicative of actual future revenue.”

Coretura took the platform through the Vector Distribution, which pairs the operating system foundation with Vector’s middleware, communication and integration software. Johan Lundén, chief executive of Coretura, said the aim was to build one foundation its customers could rely on so their engineering could concentrate on applications.

Coretura’s own newsroom had published nothing about the decision at the time of writing; its most recent item was dated June 24.

Why it mattersA commercial-vehicle joint venture has now fixed the operating system beneath its whole platform, and the only document that states what the deal is worth is the one its supplier was obliged to file.

Source: BlackBerry Limited, Form 8-K (SEC EDGAR)

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