SaverOne Engages with Top-tier Global Consultancy Firm to Develop Strategic Plan for its Vulnerable Road User (VRU) Solution.
Petah Tikvah, Israel, March 21, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells transportation safety solutions, today announced that it has signed an agreement, partnering with a top-tier global consultancy firm, to support the development of a business model around SaverOne’s Vulnerable Road User (VRU) solution.
- Deliverables include a comprehensive business plan including an analysis of the competitive landscape as well as a detailed approach for developing the VRU business either within SaverOne or via a spin-off.
- One of the goals of this strategic initiative is to enhance shareholder’ value.
- Ori Gilboa, CEO of SaverOne, stated, "Leveraging our technology, our VRU sensor brings new and unique safety capabilities to the large and significant ADAS market.
- We believe this important initiative will enable us to further develop the business around our VRU sensor, enabling us to take well- considered strategic steps.