SaverOne Launches New Pilot Project in Italy with Trans Italia
SaverOne has launched a pilot project with Trans Italia, a major Italian logistics company operating over 300 trucks. The project involves installing SaverOne's driver safety system in an initial group of Trans Italia's trucks to prevent driving distractions and enhance road safety.
The collaboration was facilitated through SaverOne's Italian partner Tal Yhie and regional distributor GVZ Components, with installations being handled by TBS. This initiative represents a significant step in SaverOne's expansion into the Italian market and broader European growth strategy.
Trans Italia, known for eco-friendly and intermodal transport solutions, offers substantial growth potential for SaverOne and provides a strategic platform to showcase its technology in the Italian logistics sector.
SaverOne ha lanciato un progetto pilota con Trans Italia, una delle principali compagnie logistiche italiane che opera con oltre 300 camion. Il progetto prevede l'installazione del sistema di sicurezza per conducenti di SaverOne in un gruppo iniziale di camion di Trans Italia, per prevenire le distrazioni alla guida e migliorare la sicurezza stradale.
La collaborazione è stata facilitata dal partner italiano di SaverOne, Tal Yhie, e dal distributore regionale GVZ Components, con le installazioni gestite da TBS. Questa iniziativa rappresenta un passo significativo nell'espansione di SaverOne nel mercato italiano e nella strategia di crescita più ampia in Europa.
Trans Italia, conosciuta per le sue soluzioni di trasporto ecologico e intermodale, offre un notevole potenziale di crescita per SaverOne e fornisce una piattaforma strategica per mettere in mostra la sua tecnologia nel settore logistico italiano.
SaverOne ha lanzado un proyecto piloto con Trans Italia, una importante empresa logística italiana que opera más de 300 camiones. El proyecto implica la instalación del sistema de seguridad para conductores de SaverOne en un grupo inicial de camiones de Trans Italia, con el fin de prevenir distracciones al conducir y mejorar la seguridad vial.
La colaboración fue facilitada a través del socio italiano de SaverOne, Tal Yhie, y del distribuidor regional GVZ Components, con las instalaciones llevadas a cabo por TBS. Esta iniciativa representa un paso significativo en la expansión de SaverOne en el mercado italiano y en su estrategia de crecimiento en Europa.
Trans Italia, conocida por sus soluciones de transporte ecológico e intermodal, ofrece un considerable potencial de crecimiento para SaverOne y proporciona una plataforma estratégica para mostrar su tecnología en el sector logístico italiano.
SaverOne은 이탈리아의 주요 물류 회사인 Trans Italia와 함께 파일럿 프로젝트를 시작했습니다. Trans Italia는 300대 이상의 트럭을 운영하고 있습니다. 이 프로젝트는 운전자의 주의 산만을 방지하고 도로 안전을 향상시키기 위해 SaverOne의 운전 안전 시스템을 Trans Italia의 초기 그룹 트럭에 설치하는 것을 포함합니다.
이번 협력은 SaverOne의 이탈리아 파트너인 Tal Yhie와 지역 유통업체 GVZ Components를 통해 촉진되었으며, 설치는 TBS가 담당합니다. 이번 이니셔티브는 SaverOne이 이탈리아 시장으로의 확장을 위한 중요한 발걸음을 내딛는 것이며, 유럽 전체의 성장 전략에서도 중요한 의미를 가집니다.
Trans Italia는 친환경 및 다중 모드 운송 솔루션으로 잘 알려져 있으며, SaverOne에 상당한 성장 잠재력을 제공하고 이탈리아 물류 부문에서 기술을 선보일 수 있는 전략적 플랫폼을 제공합니다.
SaverOne a lancé un projet pilote avec Trans Italia, une grande entreprise de logistique italienne exploitant plus de 300 camions. Le projet consiste à installer le système de sécurité routière de SaverOne dans un premier groupe de camions de Trans Italia afin de prévenir les distractions au volant et d'améliorer la sécurité sur la route.
La collaboration a été facilitée par le partenaire italien de SaverOne, Tal Yhie, et le distributeur régional GVZ Components, les installations étant gérées par TBS. Cette initiative représente une étape significative dans l'expansion de SaverOne sur le marché italien et dans sa stratégie de croissance plus large en Europe.
Trans Italia, connue pour ses solutions de transport écologiques et intermodales, offre un potentiel de croissance considérable pour SaverOne et fournit une plateforme stratégique pour mettre en valeur sa technologie dans le secteur logistique italien.
SaverOne hat ein Pilotprojekt mit Trans Italia gestartet, einem großen italienischen Logistikunternehmen, das über 300 Lkw betreibt. Das Projekt umfasst die Installation von SaverOnes Fahrersicherheitssystem in einer ersten Gruppe von Lkw von Trans Italia, um Fahrablenkungen zu verhindern und die Verkehrssicherheit zu erhöhen.
Die Zusammenarbeit wurde durch SaverOnes italienischen Partner Tal Yhie und den regionalen Distributor GVZ Components ermöglicht, während die Installationen von TBS durchgeführt werden. Diese Initiative stellt einen bedeutenden Schritt in SaverOnes Expansion auf dem italienischen Markt und in die breitere Wachstumsstrategie in Europa dar.
Trans Italia, bekannt für umweltfreundliche und intermodale Transportlösungen, bietet erhebliches Wachstumspotenzial für SaverOne und stellt eine strategische Plattform zur Verfügung, um seine Technologie im italienischen Logistiksektor zu präsentieren.
- Access to potential fleet of 300+ trucks for system installation
- Strategic entry into Italian logistics market
- Established local partnership network for distribution and installation
- Initial pilot to small portion of total fleet
- No immediate revenue impact disclosed
Insights
The pilot project with Trans Italia represents a strategic market expansion opportunity for SaverOne in the Italian transportation sector. With Trans Italia's fleet of over 300 trucks, successful pilot implementation could lead to significant revenue potential. The partnership structure, involving local partners like GVZ Components and TBS, creates a scalable installation network important for broader Italian market penetration.
The Italian commercial vehicle market is substantial, with over 4.5 million registered commercial vehicles. Trans Italia's focus on eco-friendly transport solutions aligns with European sustainability trends, potentially making SaverOne's safety technology more attractive to environmentally conscious fleet operators. However, the initial pilot scale appears , suggesting a cautious approach to technology adoption that may delay meaningful revenue impact.
SaverOne's driver safety system addresses a critical market need by preventing driver distractions through mobile device control technology. The system's integration with commercial fleet operations demonstrates its practical application in real-world scenarios. The partnership with Trans Italia provides an excellent testing ground for validating the technology's effectiveness in European driving conditions and regulatory environments.
The emphasis on installation partnerships and local distribution channels indicates a well-thought-out deployment strategy. This infrastructure development is important for scaling operations and providing reliable technical support. However, success will depend on system reliability, user acceptance and demonstration of tangible safety improvements during the pilot phase.
Trans Italia is a Leading Logistics & Transportation Company Operating Over 300 Trucks
Petah Tikvah, Israel., Dec. 09, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, is pleased to announce the launch of a new pilot project with Trans Italia, a prominent Italian logistics and transportation company well known for its eco-friendly, efficient, and intermodal transport solutions throughout Italy and beyond. This pilot marks a further and significant step in SaverOne’s expansion into the Italian market and its broader European growth strategy.
The pilot project involves the installation of SaverOne’s innovative driver safety system in an initial group of Trans Italia’s trucks. This initiative will demonstrate the system’s ability to prevent distractions while driving and highlight its potential to enhance road safety. With a fleet of over 300 trucks, Trans Italia offers substantial growth potential for SaverOne and provides a strategic platform to showcase its technology to the Italian logistics and eco-friendly transport sectors.
This collaboration was made possible through SaverOne’s Italian partner, Mr. Tal Yhie, and its regional distributor, GVZ Components. The installations are being carried out in partnership with TBS, SaverOne’s installation partner in the region, establishing a foundation for expanding installation capacity throughout Italy.
“This pilot project with Trans Italia demonstrates our increase in traction within Italy,” said Ori Gilboa, CEO of SaverOne. “We are thrilled to collaborate with a forward-thinking company like Trans Italia to demonstrate the value of our technology in improving the safety of their fleet and reducing distracted driving amongst their drivers. We believe this pilot will pave the way for increased adoption of our solutions within Italy and across Europe.”
Sergio Rotondo, Trans Italia’s Fleet Manager added, “Safety is a core value for Trans Italia, and we are committed to adopting innovative technologies that help us achieve that goal. SaverOne’s system aligns perfectly with our mission to enhance the safety of our drivers, our fleet, and the communities we serve. We are excited to see the impact of this pilot project and look forward to a long-term and successful collaboration with SaverOne.”
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; SaverOne’s planned level of revenues and capital expenditures and its ability to continue as a going concern; the success of the pilot with Trans Italia; SaverOne’s ability to further broaden products and services in Italy and the rest of Europe; 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
What is the size of Trans Italia's fleet available for SaverOne's (SVRE) system installation?
Who are SaverOne's (SVRE) partners for the Trans Italia pilot project in Italy?
What is the purpose of SaverOne's (SVRE) pilot project with Trans Italia?
