Sep. 13 at 12:47 AM
$BB Focus on QNX. We need guidance and reoccurring payments - that’s it.
So ignore secure comms, it will be sold.
QNX is the backbone of over 255 million vehicles globally, with deep integration into nearly every major OEM and a swelling royalty backlog—
$865M as of 2025—driven by industry-leading design wins and a shift to recurring revenue for digital cockpit, ADAS, and cloud services.
As automakers embrace software-defined vehicles and QNX rolls out subscription-based platforms potentially like Cabin and or Sound, the addressable market soars: if 30 million vehicles are on
$5/month services by 2030, that’s
$1.8B ARR, justifying a
$15–20B valuation at SaaS multiples—ahead of today’s cap.
