Saudi Readymix Concrete Company

SaverOne Wins Key New Order from Leading Israeli Construction Shapir Engineering Group

Retrieved on: 
Tuesday, February 28, 2023
Safety, Transport, Saudi Readymix Concrete Company, Airport, TASE, Construction, Mobile phone

PETAH TIKVAH, Israel, Feb. 28, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a technology company engaged in transportation safety solutions, is proud to announce an important new order with Shapir Engineering Group, the leading Israeli construction and infrastructure company.

Key Points: 
  • PETAH TIKVAH, Israel, Feb. 28, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a technology company engaged in transportation safety solutions, is proud to announce an important new order with Shapir Engineering Group, the leading Israeli construction and infrastructure company.
  • The order will see the installation of SaverOne's advanced technology on 20 trucks in an initial pilot phase.
  • Shapir Engineering Group is the largest construction company in Israel, specializing in infrastructure projects such as roads, bridges and airports.
  • Shapir Engineering Group operates a fleet of many hundreds of vehicles including heavy trucks and cement trucks for its operations throughout Israel.

SaverOne Presents Business Update with YoY Revenue Growth of 127% for the First Nine Months of 2022

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Wednesday, December 21, 2022
TASE, Bank, VRU, Keshet, Truck, Research, ADS, ADSS, Israel Airports Authority, NIS, Marketing, Detection, American depositary receipt, DDPS, Advanced driver-assistance systems, Growth, First International Bank of Israel, FedEx, Electronics, MOU, Logistics, ADAS, Transport, Accident, Osem, Traction, OEM, POC, Saudi Readymix Concrete Company, Renewable energy, Cryptocurrency, Mobile phone, Marcus Brimage, Insulin aspart, Iveco

PETAH TIKVAH Israel, Dec. 21, 2022 /PRNewswire/ --  SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a company developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions, today presented its results for the nine month period ended September 30, 2022 and presented recent business updates.

Key Points: 
  • Strong revenue growth with revenues of NIS 754,000 (~$213,000), an increase of 127% year-over-year compared with NIS 332,000 (~$94,000) in the same period last year.
  • It is noted that SaverOne is in its early revenue growth stage with primary focus on sales and marketing and investment in R&D and advancing its technology.
  • Net loss was NIS 19,742,000 (~$5,572,000) for the nine months ended September 30, 2022, compared to NIS 19,203,000 (~$5,420,000) for the nine months ended September 30, 2021.
  • Cash and cash equivalents and short-term bank deposits as of September 30, 2022, amounted to NIS 32.1 million (~$9.1 million).

SaverOne Wins Follow-on Contract with ReadyMix Industries Following Successful Trial

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Tuesday, December 13, 2022
Security (finance), Accident, Transport, Environment, Intellectual property, Research, Death, Government, COVID-19, Prospectus, OEM, Safety, Risk, Saudi Readymix Concrete Company, Public expenditure, National Highway Traffic Safety Administration, VRU, Patent, Insurance, TASE, Mobile phone, Risk management, EU

PETAH TIKVAH, Israel, Dec. 13, 2022 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE),a technology company engaged in transportation safety solutions, today announced that following an initial successful trial earlier this year among a small group of trucks, SaverOne has received an expanded order for a further 25 cement trucks from ReadyMix Industries (Israel).

Key Points: 
  • PETAH TIKVAH, Israel, Dec. 13, 2022 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE),a technology company engaged in transportation safety solutions, today announced that following an initial successful trial earlier this year among a small group of trucks, SaverOne has received an expanded order for a further 25 cement trucks from ReadyMix Industries (Israel).
  • ReadyMix and its parent company, Cemex Group, a global leader in the building materials industry, both present significant potential for SaverOne, with fleets of hundreds of cement mixer trucks and heavy vehicles.
  • Over the past year, we have been focused on initial penetrations at local subsidiaries of global companies with large fleets, all representing significant potential for SaverOne.
  • SaverOne initially addresses car fleets with focus on the Israeli, European and US markets, as well as other markets around the world.

SaverOne Presents Results & Business Update for the First Half of 2022

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Thursday, September 8, 2022
COVID-19, CEO, Technology, Safety, Prospectus, Research, Insurance, Risk, U.S. Securities and Exchange Commission, Company, Student, Saudi Readymix Concrete Company, Nasdaq, Government, Part, Death, OEM, National Highway Traffic Safety Administration, Public, Cellcom, Intellectual property, Public expenditure, Bank, Income, Security (finance), Solution, Accident, UTI, Patent, School, Drink, TASE, Private Securities Litigation Reform Act, New England News Collaborative, Growth, Transport, Marketing, Aircraft, Cemex, Traction, NIS, First International Bank of Israel, Intention, Regional Council, Environment, Isuzu, Forward-looking statement, Renewable energy, Mobile phone, Online gambling, Electric battery, EU, Keshet, Insulin aspart

PETAH TIKVAH, Israel , Sept. 8, 2022 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company engaged in transportation safety solutions, today presented its results for the first half of 2022 and recent business updates. 

Key Points: 
  • PETAH TIKVAH, Israel, Sept. 8, 2022 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company engaged in transportation safety solutions, today presented its results for the first half of 2022 and recent business updates.
  • Commented Ori Gilboa, CEO of SaverOne, "The past few months have been exceptionally active for SaverOne.
  • As of June 30, 2022, SaverOne had NIS 41 million (approximately $11.7 million) in cash and cash equivalents and short-term bank deposits.
  • Many factors could cause SaverOne's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements.

SaverOne Provides its Solution for ReadyMix Industries in Israel - Part of the Global Cemex Group

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Thursday, August 18, 2022
Death, Intellectual property, U.S. Securities and Exchange Commission, Industry, CEO, Forward-looking statement, OEM, Technology, Private Securities Litigation Reform Act, Prospectus, Patent, Security (finance), Environment, Research, Government, Public expenditure, Saudi Readymix Concrete Company, National Highway Traffic Safety Administration, COVID-19, Company, Transport, Safety, Accident, Risk, Intention, Cemex, Insurance, TASE, Solution, Renewable energy, Mobile phone, EU

ReadyMix is the leading cement mix truck company in Israel with a fleet of hundreds of cement mixer trucks and heavy vehicles.

Key Points: 
  • ReadyMix is the leading cement mix truck company in Israel with a fleet of hundreds of cement mixer trucks and heavy vehicles.
  • In the first phase, SaverOne successfully concluded an installation of SaverOne systems into an initial batch of ten ReadyMix trucks.
  • The actual potential for SaverOne is in the scope of hundreds of units in Israel and a future penetration of its parent company, Cemex, grows the potential to significantly more worldwide.
  • SaverOne is initially focusing its efforts on its local Israeli automobile market with a target to broaden activities to global markets.