DDPS

SaverOne and Volvo Sign New OEM Agreement to Install the SaverOne Safety Solution in Volvo Buses in Mexico

Retrieved on: 
Tuesday, March 12, 2024
Volvo Buses, Transport, Accident, OEM, DDPS, Safety, Automotive industry

The agreement covers Volvo buses in the Mexican coach-bus market, a market in which Volvo has leadership with approximately 50% market share of new coach-bus vehicle sales.

Key Points: 
  • The agreement covers Volvo buses in the Mexican coach-bus market, a market in which Volvo has leadership with approximately 50% market share of new coach-bus vehicle sales.
  • Volvo Bus customers in Mexico will be offered the SaverOne Safety Solution pre-installed, following integration into Volvo’s assembly line.
  • In addition to SaverOne selling its Safety Solution to Volvo for installation into its vehicles, SaverOne will also provide twelve months of service and support for Volvo bus customers.
  • In order to market this new safety solution on Volvo buses,  SaverOne joined Volvo’s team at the 2024 Automotive Expo event in Mexico ( https://www.expoforo.org.mx/ ) to  jointly market the system at the expo, demonstrating the SaverOne Safety Solution installed on a Volvo bus.

SaverOne Enters into Term Sheet to Acquire Assets and Operations of Micronet Ltd.

Retrieved on: 
Wednesday, December 20, 2023
Marketing, Acquisition, Tel Aviv Stock Exchange, IP, Engineering, DDPS, Micronet, Camera, DMS

PETAH TIKVAH, Israel, Dec. 20, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, today announced that it has signed a term sheet for the strategic acquisition of certain operations, products and IP of Micronet Ltd., a developer of advanced telematics systems cameras and Driver Monitoring Systems (DMS). Upon closing of this acquisition, it will broaden SaverOne's product portfolio and customer base, and is expected to accelerate SaverOne's go-to-market strategy in the US market.

Key Points: 
  • Micronet Ltd. is a publicly traded company on the Tel Aviv Stock Exchange, under the ticker MCRNT.
  • SaverOne's management expects the acquisition of the Micronet Ltd. operations and assets that are to be acquired, will be immediately accretive to SaverOne following the closing.
  • The majority of the consideration for the operations and assets will be contingent payments, related to the acquired operation's performance.
  • "We are very pleased to announce this first step towards the acquisition of certain Micronet assets, IP and operations which is expected to enhance and broaden SaverOne's product portfolio and customer base," commented Ori Gilboa, CEO of SaverOne.

SaverOne Announces First Strategic Pilot in Italy with Tecne Autostrade

Retrieved on: 
Monday, November 20, 2023
Safety, Autostrade per l'Italia, Country Partners, DDPS, Growth, Cemex, TASE, MOU, Mobile phone

PETAH TIKVAH, Israel, Nov. 20, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, today announced a strategically important pilot project with Tecne, the engineering company of Gruppo Autostrade per l'Italia, which is one of Europe's leading concessionaries for the construction and management of toll motorways, responsible for 3,000 km of road network in Italy.

Key Points: 
  • The pilot will involve the integration of SaverOne's Driver Distraction Prevention System (DDPS) into an initial 10 vehicles within Tecne Autostrade's fleet, which encompasses approximately 3,000 vehicles, signifying strong potential for SaverOne.
  • This new pilot project with Tecne aligns with SaverOne's strategy to significantly broaden its presence in European markets.
  • Ori Gilboa, CEO of SaverOne, commented, "Our new collaboration with Tecne is a milestone in our European market expansion and marks our first successful penetration into a key Italian customer.
  • We look forward to working with them to more broadly implement our system across their large fleet after the conclusion of this pilot project."

SaverOne Advances its Global Sales Strategy and Appoints European Distributor

Retrieved on: 
Monday, October 30, 2023
OEM, Iveco, Country Partners, Cemex, Transport, Marketing, Partnership, TASE, DDPS, Orangi Pilot Project, Pharmaceutical industry, Airline, EU

PETAH TIKVAH, Israel, Oct. 30, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, today announced an advancement of its global growth strategy into European markets.

Key Points: 
  • SaverOne makes strong sales and marketing advances in Europe; completes pilot project with Cemex in Spain
    PETAH TIKVAH, Israel, Oct. 30, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, today announced an advancement of its global growth strategy into European markets.
  • In addition, to further supporting and expanding sales efforts in the region, SaverOne has appointed Mr. Tal Yihie as its Italian Country Partner.
  • Commented Ori Gilboa, CEO of SaverOne, "Given our MOU with Iveco, a leading Italian based OEM, Italy was the natural choice for our first European country in which to appoint a distributor to strengthen our sales efforts.
  • Our new strategic collaborations are a strong step forward for our expansion throughout Europe and advances our global expansion strategy and sales potential.

SaverOne Expands Presence across Private and School Bus Fleets with Six New Customer Wins

Retrieved on: 
Thursday, October 5, 2023
DDPS, Traction, Risk, Injury, Transport, Safety, Growth, TASE, Accident, Rail transport

The private bus fleet vertical, especially buses carrying school children, is key for SaverOne, representing significant growth potential internationally and has become an area of strategic focus for the Company.

Key Points: 
  • The private bus fleet vertical, especially buses carrying school children, is key for SaverOne, representing significant growth potential internationally and has become an area of strategic focus for the Company.
  • SaverOne reported initial orders of 90 new installations of its in-cabin Driver Distraction Prevention Solution (DDPS), primarily on school buses.
  • Ensuring passenger safety in both public and especially private and school bus transportation is of paramount importance.
  • We recently identified the private and school bus transportation verticals as a key strategic focus for SaverOne.

SaverOne Reports First Half 2023 Results with Strong Revenue Growth

Retrieved on: 
Tuesday, August 29, 2023
Regional Council, Operating cost, Insurance, Marketing, Head, Original equipment manufacturer, Mercedes-Benz, VRU, Transport, Business development, IASB, UTI, Mitsubishi Group, Perrier, USD, Growth, Safety, IVECO, First International Bank of Israel, Business, Nestlé, DDPS, Isuzu Trucks South Africa, Garbage, Ministry, TASE, Shufersal, Senior management, CFO, NIS, ADAS, Research, Energy policy of the European Union, Recycling, PepsiCo, Student, Orangi Pilot Project, Isuzu, Comments on the Biography of Ni Kuan, Bank, United Arab Emirates, Satellite navigation device, Mining, Electric battery, Fine chemical, Airline, Propane, Warehouse, Mobile phone, Video game, EU, Cemex, Nestea, Diplomat, Zoom

PETAH TIKVAH, Israel, Aug. 29, 2023 /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 first half ended June 30, 2023 and shared some of its recent business updates.

Key Points: 
  • "Given our solid results and the clear potential ahead of us, we are ever more optimistic about our long-term growth.
  • Looking to the second half of 2023, we expect to continue the growth trend from our encouraging first half of the year," concluded Mr. Gilboa.
  • This follows the successful implementation of the system in 100 Isuzu trucks in the first half of 2023.
  • Net loss in the first half of 2023 was NIS 17.8 million (~$4.8 million), compared to NIS 11.9 million (~$3.2 million) for the first half of 2022.

The Road to Safety; the Answer to Driver Tech Distraction Is New Technology

Retrieved on: 
Thursday, August 3, 2023
Insurance, National Highway Traffic Safety Administration, Music, CarPlay, Accident, NHTSA, Federal Highway Administration, State, Android, DDPS, Appetite, Massachusetts Institute of Technology, Death, Distracted driving, TASE, VRU, Apple, Growth, ADAS, OEM, Transport, Environment, News, NDDC, Safety, Automation, Android Auto, Mobile phone, Acusensus, EU

"While that's true, other technologies can potentially help keep people focused on driving or help them avoid a crash if they are distracted."

Key Points: 
  • "While that's true, other technologies can potentially help keep people focused on driving or help them avoid a crash if they are distracted."
  • SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions recently announced that July 2023 was a record month for new installations of its Driver Distraction Prevention Solution (DDPS).
  • SaverOne's technology specifically recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications such as messaging, while allowing others (e.g.
  • So, for future driver safety, the race is on for companies to create technology to balance and manage the human error element in using existing technology.

SaverOne Achieves Record Installations in July 2023

Retrieved on: 
Tuesday, August 1, 2023
Growth, DDPS, TASE, Mobile phone

PETAH TIKVAH, Israel, Aug. 1, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, announced that July 2023 was a record month for new installations of its Driver Distraction Prevention Solution (DDPS). During July, the Company installed its innovative safety solution on 299 new vehicles and ended the month with an install-base of approximately 2,700 in the Israeli market, reflecting growing and broad adoption of SaverOne's DDPS system.

Key Points: 
  • PETAH TIKVAH, Israel, Aug. 1, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, announced that July 2023 was a record month for new installations of its Driver Distraction Prevention Solution (DDPS).
  • Ori Gilboa, CEO of SaverOne, commented, "This record level of installations in the past month, demonstrates that SaverOne continues to progress in the right direction.
  • Furthermore, based on our open orders, we expect to continue growing our install-base for the foreseeable future.
  • Continued Mr. Gilboa, "I am thrilled that SaverOne is now firmly in the early revenue growth phase in its corporate lifecycle.

SaverOne and IVECO Plan to Advance Collaboration Later This Year

Retrieved on: 
Wednesday, June 28, 2023
IVECO, DDPS, MOU, TASE, Digital, OEM, Transport, Letter, Memorandum, Honda advanced technology, Environment, Safety, Iveco, Mobile phone

The initial MOU with IVECO, marked the intention of IVECO to integrate SaverOne's technology into their vehicles, aimed at enhancing road safety.

Key Points: 
  • The initial MOU with IVECO, marked the intention of IVECO to integrate SaverOne's technology into their vehicles, aimed at enhancing road safety.
  • The goal of the collaboration is to provide IVECO with a competitive edge by offering a safer driving experience to IVECO's global customer base.
  • Ori Gilboa, CEO of SaverOne, commented, "We consider this a testament to IVECO's confidence in our cutting-edge DDPS technology and safety solution.
  • Fabrizio Conicella, Head of Digital & Advanced Technologies, Iveco Group, added, "Our upcoming collaboration with SaverOne is a clear indication of our commitment to pioneering safety measures in the trucking industry.

SaverOne Expands its Footprint Among Private Bus Fleets with Over 160 New Installations

Retrieved on: 
Wednesday, June 7, 2023
App Store (iOS/iPadOS), Transport, Death, Safety, Accident, Pedestrian, DDPS, TASE, Ridesharing

SaverOne reported successful new installations of its in-cabin Driver Distraction Prevention Solution (DDPS) on more than 160 buses for six customers in the private bus fleet sector.

Key Points: 
  • SaverOne reported successful new installations of its in-cabin Driver Distraction Prevention Solution (DDPS) on more than 160 buses for six customers in the private bus fleet sector.
  • While essential, passenger transportation by private or public bus comes with inherent risks.
  • We are also pleased to see that smaller bus companies and private fleets are now starting to follow suit.
  • The growing adoption of the SaverOne system by bus operators represents a strong step towards prioritizing the safety of their passengers, drivers, and pedestrians.