SaverOne Granted Additional US Patent Strengthening its IP Portfolio Underlying its Transportation Safety Solution
SaverOne (Nasdaq: SVRE) has been granted its 12th patent by the USPTO, strengthening its transportation safety solutions portfolio. The new patent (#12,174,309) covers innovative phone location identification technology that determines cellphone positions in vehicles using sensor fusion techniques. The system utilizes angle of arrival, time of flight, and RF signal intensity to accurately identify and block only phones in the driver's area, preventing distractions.
The patent has a 20-year term and joins SaverOne's portfolio of 23 patents, with 12 granted and 11 pending across key markets including Europe, US, China, Israel, and the United Kingdom. This development reinforces the company's commitment to accident reduction and global expansion strategy.
SaverOne (Nasdaq: SVRE) ha ottenuto il suo dodicesimo brevetto dall'USPTO, rafforzando il suo portafoglio di soluzioni per la sicurezza nei trasporti. Il nuovo brevetto (#12,174,309) copre una tecnologia innovativa per l'identificazione della posizione dei telefoni che determina la posizione dei cellulari all'interno dei veicoli utilizzando tecniche di fusione di sensori. Il sistema utilizza l'angolo di arrivo, il tempo di volo e l'intensità del segnale RF per identificare e bloccare con precisione solo i telefoni nell'area del conducente, prevenendo distrazioni.
Il brevetto ha una durata di 20 anni e si aggiunge al portafoglio di SaverOne composto da 23 brevetti, con 12 concessi e 11 in attesa in mercati chiave tra cui Europa, Stati Uniti, Cina, Israele e Regno Unito. Questo sviluppo rinforza l'impegno dell'azienda nella riduzione degli incidenti e nella strategia di espansione globale.
SaverOne (Nasdaq: SVRE) ha recibido su duodécima patente por parte de la USPTO, fortaleciendo su cartera de soluciones de seguridad en el transporte. La nueva patente (#12,174,309) cubre una tecnología innovadora de identificación de ubicación de teléfonos que determina las posiciones de los teléfonos móviles en vehículos mediante técnicas de fusión de sensores. El sistema utiliza el ángulo de llegada, el tiempo de vuelo y la intensidad de la señal RF para identificar y bloquear con precisión solo los teléfonos en el área del conductor, evitando distracciones.
La patente tiene una duración de 20 años y se une al portafolio de SaverOne, que cuenta con 23 patentes, de las cuales 12 han sido otorgadas y 11 están pendientes en mercados clave, incluidos Europa, EE. UU., China, Israel y el Reino Unido. Este desarrollo refuerza el compromiso de la empresa con la reducción de accidentes y su estrategia de expansión global.
SaverOne (Nasdaq: SVRE)는 USPTO로부터 12번째 특허를 승인받아 교통 안전 솔루션 포트폴리오를 강화했습니다. 새로운 특허(#12,174,309)는 센서 융합 기술을 사용하여 차량 내에서 휴대폰 위치를 결정하는 혁신적인 전화 위치 식별 기술을 포함합니다. 이 시스템은 도착 각도, 비행 시간 및 RF 신호 강도를 활용하여 운전자의 영역 내에 있는 전화만 정확하게 식별하고 차단하여 주의 산만을 방지합니다.
특허는 20년 유효기간을 가지며, SaverOne의 23개 특허 포트폴리오에 추가됩니다. 이 중 12개는 승인되었고 11개는 유럽, 미국, 중국, 이스라엘 및 영국 등 주요 시장에서 대기 중입니다. 이 개발은 사고 감소 및 글로벌 확장 전략에 대한 회사의 의지를 강화합니다.
SaverOne (Nasdaq: SVRE) a reçu son douzième brevet de l'USPTO, renforçant ainsi son portefeuille de solutions de sécurité routière. Le nouveau brevet (#12,174,309) couvre une technologie innovante d'identification de la localisation des téléphones qui détermine les positions des téléphones portables dans les véhicules en utilisant des techniques de fusion de capteurs. Le système utilise l'angle d'arrivée, le temps de vol et l'intensité du signal RF pour identifier et bloquer précisément uniquement les téléphones dans la zone du conducteur, ce qui permet d'éviter les distractions.
Le brevet a une durée de 20 ans et s'ajoute au portefeuille de 23 brevets de SaverOne, dont 12 ont été accordés et 11 sont en attente dans des marchés clés tels que l'Europe, les États-Unis, la Chine, Israël et le Royaume-Uni. Ce développement renforce l'engagement de l'entreprise envers la réduction des accidents et sa stratégie d'expansion mondiale.
SaverOne (Nasdaq: SVRE) wurde vom USPTO das zwölfte Patent erteilt, was das Portfolio seiner Verkehrssicherheitslösungen stärkt. Das neue Patent (#12,174,309) umfasst innovative Technologien zur Identifizierung der Standortdaten von Mobiltelefonen in Fahrzeugen mithilfe von Sensortechniken. Das System nutzt Ankunftswinkel, Flugzeit und RF-Signalstärke, um nur die Telefone im Bereich des Fahrers präzise zu identifizieren und zu blockieren und Ablenkungen zu verhindern.
Das Patent hat eine Laufzeit von 20 Jahren und ergänzt das Portfolio von SaverOne, das aus 23 Patenten besteht, von denen 12 erteilt und 11 in wichtigen Märkten wie Europa, den USA, China, Israel und dem Vereinigten Königreich ausstehen. Diese Entwicklung untermauert das Engagement des Unternehmens zur Unfallreduzierung und zur globalen Expansionsstrategie.
- Granted 12th patent strengthening IP protection for core technology
- Total portfolio of 23 patents (12 granted, 11 pending) across major markets
- 20-year patent protection term
- None.
Insights
The patent grant strengthens SaverOne's competitive moat in the vehicle safety technology sector. The technology's ability to precisely identify phone locations through sensor fusion represents a significant technical advancement. With 12 granted patents out of 23 total patents across major markets (US, Europe, China, Israel, UK), the company has built a robust IP portfolio that creates barriers to entry for competitors. The 20-year protection period provides long-term market exclusivity for their driver safety solution.
The strategic filing across key automotive markets indicates a well-planned global commercialization strategy. However, while patents are valuable assets, they require significant resources to maintain and defend. For a company with a relatively small market cap of
The patented sensor fusion technology addresses a critical challenge in driver safety systems - accurate phone location detection within vehicles. The combination of angle of arrival, time of flight and RF signal intensity measurements enables precise discrimination between driver and passenger phones. This selective blocking capability gives SaverOne a technical edge over simpler solutions that might block all phones indiscriminately.
However, the commercial success will depend on factors beyond technical superiority, including regulatory environment, adoption by fleet operators and integration with vehicle manufacturers. The small market cap suggests investors remain cautious about near-term revenue potential despite the growing patent portfolio. The technology's effectiveness needs to be proven at scale to drive significant market adoption.
This 12th patent granted out of a portfolio of 23 covers SaverOne’s innovative phone location identification technology to prevent distraction while driving
Petah Tikvah, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company engaged in transportation safety solutions, is pleased to announce the award by the United States Patent and Trademark Office (USPTO) of a new patent. The patent, bearing the number 12,174,309 and issued on December 24, 2024, is entitled System and Methods for classifying a type of interaction between a human user and a mobile communication device in a volume based on sensor fusion.
The newly patented technology enhances driver safety by determining the relative position of cellphones in a vehicle, using various sensor fusion technics. The patented technology utilizes methods such as angle of arrival, time of flight, and received intensity of radio frequency (RF) signals transmitted by the cellphone and received by SaverOne’s concealed in-vehicle phone location unit. By leveraging advanced techniques, SaverOne’s system accurately determines the cellphone’s location within the vehicle, ensuring that only the cellphone within the driver’s area is being blocked, preventing dangerous distractions to the driver of the vehicle.
Under U.S. law, the patent term is 20 years from the application’s effective filing date. This latest patent is a further demonstration of SaverOne's commitment to reducing accidents.
With this new patent, SaverOne's patent portfolio comprises 23 patents, of which 12 are already granted in various jurisdictions and a further 11additional patent applications are in process. These patents are strategically filed in key markets such as Europe, the US, China, Israel and the United Kingdom, reflecting the company's strategic vision for global expansion.
Ori Gilboa, CEO of SaverOne, stated, "The grant of this new patent again demonstrates the innovative nature of our technology. I continue to be impressed by the ingenuity and dedication of our R&D team. Our patent activity allows us to invest strongly in technology and bring it to market, while at the same time securing our competitive edge and intellectual property rights over the long-term."
About the SaverOne System
SaverOne's system is installed in vehicles to solve the problem of driver distraction, as a result of drivers using distracting applications on their mobile phones while driving in a way that endangers their safety and the safety of their passengers. This phenomenon is considered one of the leading causes of global road accidents. According to the US National Highway Traffic Safety Administration, the annual cost of road accidents just in the United States stands at about
SaverOne's primary target markets include commercial and private vehicle fleets interested in reducing potential damages and significant costs, vehicle manufacturers interested in integrating safety solutions into their vehicles, and insurance and leasing companies. SaverOne initially addresses car fleets with a focus on the Israeli, European, and US markets and other markets worldwide. SaverOne believes that an increased focus on monitoring and prevention of cellular distraction systems in vehicles, driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.
The Company's strategy is to provide its technology to customers in the aftermarket and address OEM vehicle manufacturers to integrate the Company's protection technologies during the vehicle manufacturing process.
About SaverOne
SaverOne is a technology company that designs, develops, and commercializes OEM and aftermarket solutions and technologies to lower the risk of and prevent vehicle accidents.
SaverOne's initial product line is a suite of solutions that saves lives by preventing car accidents resulting from distraction from using mobile phones while driving. SaverOne is also developing a sensor system for early location and direction detection under all visibility conditions of vulnerable road users (VRU) through their cellphone footprint.
Learn more at https://saver.one/
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act and other securities laws that are subject to substantial risks and uncertainties. All statements, besides those of historical fact, contained in this press release are forward-looking. Forward-looking statements contained in this press release include but are not limited to, statements regarding SaverOne's strategic and business plans, technology, relationships, objectives, and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations, and financial performance and condition and may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions. However, not all forward-looking statements contain these words. Forward-looking statements are based on SaverOne's current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions about future events that may not prove accurate. Many factors could cause SaverOne's actual activities or results to differ materially from those anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the ability of our technology to substantially improve the safety of drivers; our ability to protect our patented technology from infringement by third parties; SaverOne’s planned level of revenues and capital expenditures and its ability to continue as a going concern; SaverOne’s ability to maintain its listing on the Nasdaq Capital Market; the ability of SaverOne’s technology to substantially improve the safety of drivers; its ability to market and sell its products; its plans to continue to invest in research and development to develop technology for both existing and new products; SaverOne’s intention to advance its technologies and commercialization efforts; SaverOne’s intention to use local distributors in each country or region in which it conducts business to distribute products or technology; SaverOne’s plan to seek patent, trademark and other intellectual property rights for products and technologies in the United States and internationally, as well as its ability to maintain and protect the validity of currently held intellectual property rights; SaverOne’s expectations regarding future changes in its cost of revenues and operating expenses; SaverOne’s expectations regarding its tax classifications; interpretations of current laws and the passage of future laws; acceptance of its business model by investors; the ability to correctly identify and enter new markets; the impact of competition and new technologies; general market, political and economic conditions in the countries in which SaverOne operates; projected capital expenditures and liquidity; SaverOne’s intention to retain key employees, and its belief that it will maintain good relations with all employees; a resurgence of the COVID-19 pandemic and its impact on business and industry; as well as other risks and uncertainties, including, but not limited to, the risks detailed in the Company's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") on March 25, 2024 and in subsequent filings with the SEC. Forward-looking statements in this announcement are made as of this date, and SaverOne undertakes no duty to update such information except as required under applicable law.
International Investor Relations Contact:
Ehud Helft
+1 212 378 8040
saverone@ekgir.com
FAQ
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