STOCK TITAN

SaverOne 2014 Ltd - $SVRE STOCK NEWS

Welcome to our dedicated page for SaverOne 2014 news (Ticker: $SVRE), a resource for investors and traders seeking the latest updates and insights on SaverOne 2014 stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SaverOne 2014's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SaverOne 2014's position in the market.

Rhea-AI Summary

SaverOne 2014, a technology firm specializing in transportation safety, has been granted a new patent by the European Patent Office. This patent, numbered EP3158718, is titled 'System and Methods to Facilitate Safe Driving'.

The patent leverages machine learning and channel fingerprinting to selectively restrict driver phone functions without affecting other mobile devices in the vehicle, enhancing road safety. With this patent, SaverOne now holds a portfolio of 23 patents (11 granted and 12 pending) in major markets including the US, China, Israel, UK, and the EU. This development aligns with SaverOne's strategy for global expansion and reinforces its leadership in transportation safety innovation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.63%
Tags
none
-
Rhea-AI Summary

SaverOne 2014 expands collaboration with IVECO by receiving a new purchase order to develop a proof-of-concept solution for vulnerable road user detection. The solution will be integrated into IVECO's vehicles to enhance safety. The partnership aims to improve road safety and protect all road users by detecting vulnerable road users like pedestrians and cyclists using radio frequency (RF) technology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.44%
Tags
none
-
Rhea-AI Summary
SaverOne CEO Ori Gilboa discusses the company's mission, technology, and growth trajectory in a recent interview with Hawk Point Media. SaverOne focuses on enhancing transportation safety through its innovative driver-assistance systems, aiming to reduce distractions and prevent accidents. The company's rapid market penetration and strategic deals have significantly accelerated its growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.04%
Tags
none
Rhea-AI Summary
SaverOne signed an OEM agreement with IVECO to integrate its safety technology into IVECO's vehicles to prevent driver distraction from cellphone use. The solution will be provided under a SaaS model. The collaboration aims to deliver the first vehicles with the integrated software in 2024, enhancing transportation safety and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.2%
Tags
none
-
Rhea-AI Summary
SaverOne 2014 reports strong growth with 2023 revenue at NIS 2.7 million. The company signed an OEM agreement with Volvo Bus in Mexico and has seen significant international contract wins. Financially, there was a 128% year-over-year revenue growth in 2023, with a gross profit of NIS 0.752 million. However, there was a net loss of NIS 33.8 million in 2023 due to higher expenses from increased business activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
-
Rhea-AI Summary
SaverOne 2014 partners with a global consultancy firm to develop a business model for its Vulnerable Road User solution. The initiative aims to assess the solution's potential and market value within the automotive industry, with the possibility of a spin-off. The VRU technology enhances ADAS sensors' performance in challenging conditions, detecting pedestrians and cyclists to prevent collisions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
Tags
none
Rhea-AI Summary
SaverOne 2014 Ltd. has signed an OEM agreement with Volvo Bus Corporation to install its Driver Distraction Prevention System in Volvo buses in Mexico. The agreement covers new buses as well as a retrofit option for existing buses, providing Volvo with two years of exclusivity in the Mexican market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
none
-
Rhea-AI Summary
SaverOne 2014 Ltd. expands collaboration with GB Tours to install SaverOne System on 77 buses, enhancing transportation safety solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.31%
Tags
none
-
Rhea-AI Summary
SaverOne 2014 Ltd. (SVRE) launches a pilot project with Motor Supply, Inc. to enhance road safety in the U.S. The project aims to reduce accidents through cutting-edge technology, potentially expanding to the entire fleet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.77%
Tags
none
Rhea-AI Summary
SaverOne 2014 Ltd. (SVRE) receives a new patent from the USPTO for its System and Methods to Facilitate Safe Driving, highlighting the company's commitment to reducing accidents and enhancing driver safety. The patent covers advanced algorithms and selective blocking mechanisms to prevent distracted driving, with a total of 23 patents in the company's portfolio. CEO Ori Gilboa emphasizes the company's dedication to global expansion and innovation in transportation safety technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.41%
Tags
none
SaverOne 2014 Ltd

Nasdaq:SVRE

SVRE Rankings

SVRE Stock Data

9.34M
63.42M
5.71%
1.19%
1.02%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
United States of America
Petah Tikva