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VisionWave Holdings and SaverOne Announce Execution of Strategic Exchange Agreement to Establish RF-Based Defense Platform
Globenewswire· 2026-01-26 13:30
Companies Plan Integration of SaverOne’s VRU Platform with Non-Line-of-Sight Threat Detection WEST HOLLYWOOD, CA and PETAH TIKVA, ISRAEL, Jan. 26, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) (“VisionWave”) and SaverOne 2014 Ltd. (Nasdaq: SVRE) (“SaverOne”) today jointly announced that they have entered into a definitive strategic Exchange Agreement to develop an RF-based defense and security technology platform. The transaction includes $7.0 million in staged equity consideration payab ...
SaverOne Announces Strategic LOI with VisionWave to Develop RF Defense Platform
Globenewswire· 2026-01-05 13:30
Petah Tikvah, Israel, Jan. 05, 2026 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing advanced transportation safety and RF-based solutions, today announced that it has entered into a non-binding letter of intent (LOI) with VisionWave Holdings, Inc. (Nasdaq: VWAV), involving RF technology collaboration geared toward the defense and security sector. Under the terms of the LOI and subject to the execution of definitive agreements, SaverOne will ...
SaverOne Announces Strategic LOI with VisionWave to Develop RF Defense Platform
Globenewswire· 2026-01-05 13:30
Petah Tikvah, Israel, Jan. 05, 2026 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing advanced transportation safety and RF-based solutions, today announced that it has entered into a non-binding letter of intent (LOI) with VisionWave Holdings, Inc. (Nasdaq: VWAV), involving RF technology collaboration geared toward the defense and security sector. Under the terms of the LOI and subject to the execution of definitive agreements, SaverOne will ...
SaverOne 2014 .(SVRE) - Prospectus
2025-12-15 22:13
As filed with the Securities and Exchange Commission on December 15, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SaverOne 2014 Ltd. (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) State of Israel 7371 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification ...
SaverOne Signs Third Distribution Agreement in the United States
Globenewswire· 2025-10-20 12:30
Core Insights - SaverOne has signed a distribution agreement with BSD Tree Inc., expanding its presence in the U.S. market, particularly in New York, New Jersey, and Pennsylvania [1][2][3] - The agreement allows BSD Tree to distribute SaverOne's driver-distraction safety system, targeting an additional market of nearly 20 million vehicles [2][3] - The partnership is expected to enhance SaverOne's growth strategy in North America, reflecting increasing international demand for its technology [3] Company Overview - SaverOne 2014 Ltd. specializes in transportation safety solutions, focusing on preventing driver distraction caused by mobile phone usage [6][9] - The company's technology aims to reduce road accidents, which cost the U.S. approximately $870 billion annually, with a significant portion attributed to mobile phone use while driving [6] - SaverOne's target markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on the U.S., Israeli, and European markets [7][9] Product and Technology - The SaverOne system prevents drivers from accessing distracting applications while allowing necessary functions like navigation, thereby creating a safer driving environment [6][9] - The company is also developing a sensor system for detecting vulnerable road users through their cellphone footprint [10] - SaverOne aims to integrate its safety solutions into both aftermarket and OEM vehicle manufacturing processes [8][9]
SaverOne Named to TIME's List of the Best of Inventions of 2025
Globenewswire· 2025-10-09 12:45
Core Insights - SaverOne 2014 Ltd. has been recognized by TIME as one of the Best Inventions of 2025 for its SaverOne System, which aims to prevent distracted driving by blocking unsafe phone use in real time [1][2][5] Company Overview - SaverOne specializes in developing transportation safety solutions, particularly focusing on reducing driver distraction caused by mobile phone use [1][10] - The SaverOne System is designed to block access to distracting applications while allowing safe functions like navigation, thereby enhancing road safety [6][11] Market Context - Distracted driving is a leading cause of road accidents globally, with the US National Highway Traffic Safety Administration estimating the annual cost of road accidents in the US at approximately $870 billion, with about 25% related to mobile phone distractions [3][6] - The company is expanding internationally with new distribution agreements and pilot projects in Europe and North America, capitalizing on the growing regulatory focus on distracted driving prevention [4][7] Strategic Focus - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, aiming to integrate its safety solutions into vehicles and reduce potential damages and costs [7][8] - The company plans to address both the aftermarket and OEM vehicle manufacturers to enhance vehicle safety during the manufacturing process [8]
SaverOne Signs Agreement with a Leader in ADAS Vision Solutions for Collaborative Development
Globenewswire· 2025-09-09 12:30
Core Insights - SaverOne 2014 Ltd. has entered into a partnership with a global leader in vision solution technologies to develop an advanced driver-assistance systems (ADAS) sensor fusion platform aimed at detecting Vulnerable Road Users (VRUs) in non-line-of-sight (NLoS) conditions [1][2][4] Group 1: Partnership and Development - The collaboration will focus on creating innovative ADAS functionalities to enhance safety for commercial vehicles, particularly in scenarios where VRUs are not visible [2][3] - The development will occur in two stages: first, a Proof of Concept (POC) to demonstrate SaverOne's RF-ADAS sensor technology, followed by commercialization efforts if the POC is successful [3][4] Group 2: Technology and Market Impact - SaverOne's technology addresses the critical issue of driver distraction caused by mobile phone usage, which is a leading cause of road accidents, with the annual cost of road accidents in the U.S. estimated at $870 billion [5] - The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on markets in Israel, Europe, and the U.S. [6][8] Group 3: Strategic Goals - The strategy includes providing technology for both aftermarket solutions and original equipment manufacturer (OEM) integration during vehicle manufacturing [7] - SaverOne is also developing a sensor system for early detection of VRUs under all visibility conditions, leveraging cellphone footprints [9]
SaverOne Signs Agreement with Fandango to Deploy its Driver Distraction Prevention Solution Across Heavy Truck Fleet
Globenewswire· 2025-09-03 12:30
Core Viewpoint - SaverOne 2014 Ltd. has signed an agreement with Fandango to deploy its Driver Distraction Prevention Solution across Fandango's heavy truck fleet, reinforcing its strategic presence in the heavy-truck sector [1][3]. Group 1: Agreement and Impact - The agreement follows a successful pilot program that demonstrated significant driver behavioral changes and a reduction in the use of distracting mobile applications while driving [2]. - The deployment of SaverOne's technology is expected to reduce accidents, lower potential liability claims, improve fleet availability, and decrease overall costs for Fandango [3]. Group 2: Company Positioning and Technology - SaverOne's CEO highlighted the agreement as validation of the safety and operational value of their solution, indicating growing momentum in the heavy-truck sector [4]. - SaverOne's system addresses driver distraction caused by mobile phone usage, which is a leading cause of road accidents globally, with the annual cost of road accidents in the U.S. estimated at $870 billion [5]. - The technology allows drivers to access navigation applications while preventing access to distracting apps, thereby enhancing safety [5]. Group 3: Market Focus and Strategy - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on reducing costs and damages [6]. - The company aims to integrate its technology into both aftermarket solutions and during the vehicle manufacturing process [7]. - An anticipated increase in regulations in the EU regarding cellular distraction systems is expected to positively impact demand for SaverOne's solutions [6].
SaverOne 2014 .(SVRE) - 2025 Q2 - Quarterly Report
2025-08-29 12:31
Financial Performance - Revenues for the six months ended June 30, 2025, increased to NIS 756,000 from NIS 483,000 for the same period in 2024, representing a growth of 56.4%[8] - Gross profit for the six months ended June 30, 2025, was NIS 224,000, compared to NIS 85,000 in the prior year, indicating a significant increase of 163.5%[8] - The operating loss for the six months ended June 30, 2025, was NIS 16,783,000, slightly higher than the loss of NIS 15,678,000 in the same period of 2024[8] - The company reported a comprehensive loss of NIS 16,119,000 for the six months ended June 30, 2025, compared to a loss of NIS 16,284,000 in the same period of 2024[8] - The basic and diluted loss per share for the six months ended June 30, 2025, was NIS 0.01, compared to NIS 0.21 for the same period in 2024[8] - The loss attributed to shareholders for the six months ended June 30, 2025, was $(16,119) thousand[94] Assets and Equity - Total assets as of June 30, 2025, amounted to NIS 24,527,000, up from NIS 22,039,000 as of June 30, 2024, reflecting an increase of 11.3%[6] - Shareholders' equity rose to NIS 16,812,000 as of June 30, 2025, compared to NIS 9,622,000 a year earlier, marking a substantial increase of 74.5%[6] - Cash and cash equivalents increased to NIS 15,993,000 as of June 30, 2025, from NIS 11,302,000 at the end of June 2024, representing a growth of 41.5%[6] Research and Development - Research and development expenses for the six months ended June 30, 2025, were NIS 9,840,000, compared to NIS 8,897,000 in the prior year, indicating an increase of 10.6%[8] Financing Activities - The Company entered into a Standby Equity Purchase Agreement (SEPA) with Yorkville, allowing the sale of up to $10,000 thousand of ADSs over 48 months, with an initial advance of $2,000 thousand[26] - By December 31, 2023, the Company sold 33,034,240 shares to Yorkville for a total purchase price of $3,394 thousand[27] - On December 13, 2023, the Company agreed to sell 8,333,335 ordinary shares for total gross proceeds of $1,000 thousand through a registered direct offering[32] - The Commitment Amount under the SEPA was increased to $15,000 thousand on March 25, 2024[33] - The Company issued a Fourth Promissory Note to Yorkville for $1,000 thousand, maturing on November 11, 2025, with an interest rate of 8%[37] - During the six months ended June 30, 2025, the Company sold 3,130,608,000 ordinary shares to Yorkville for a total of $5,506 thousand[41] - The Company plans to finance operations through equity and/or debt sales, including a potential public offering on Nasdaq[42] - The Company entered into a new Standby Equity Purchase Agreement (New SEPA) with Yorkville, allowing for an aggregate subscription amount of up to $15 million from July 16, 2024, to July 16, 2027[65] - The Company sold 3,130,608,000 ordinary shares to Yorkville for a total purchase price of $5,506 thousand during the six months ended June 30, 2025[81] - As of June 30, 2025, the remaining outstanding balance of the Fourth Promissory Note was $494 thousand, with a maturity date extended to December 11, 2025[79] - The Company issued an unsecured non-convertible promissory note (Fourth Promissory Note) in the principal amount of $1,000 thousand, bearing an interest rate of 8%[77] - The net amount received for the Third Promissory Note was $2,895 thousand after a 3% discount[71] - The company sold 999,720,000 ordinary shares to Yorkville for a total purchase price of $629 thousand during the period from July 1, 2025, to the issuance date of the condensed interim financial statements[102] Share Capital and Stock Activity - The Company issued 195,428,970 ordinary shares through a registered direct offering for a gross amount of $1,520 thousand on January 30, 2025[83] - The Company increased its authorized shares to 500,000,000,000 ordinary shares as approved on August 18, 2025[84] - The Company executed a reverse stock split, changing the ADS ratio from 1:1,200 to 1:3,600 on June 11, 2025[88] - The company's shareholders approved an increase in registered share capital to 500,000,000,000 ordinary shares on August 18, 2025[103] Economic and Operational Impact - The ongoing Iron Sword War has significantly impacted the economic and business activity in Israel, affecting the Company's operational continuity[45] - The Company is unable to predict the intensity of the War's impact on its financial condition and operational results due to the uncertainty surrounding the conflict[49] Derivative Liabilities - The company has a Derivative warrants liability amounting to NIS 54, classified at fair value through profit or loss, with revaluation income recognized at NIS 3,503 during the six-month period ended June 30, 2025[99]
SaverOne Reports First Half 2025 Results
Globenewswire· 2025-08-29 12:30
Core Insights - SaverOne 2014 Ltd. reported a 57% year-over-year increase in revenues, reaching NIS 756 thousand (~$224 thousand) for the first half of 2025, compared to NIS 483 thousand (~$143 thousand) in the same period of 2024, driven by international expansion efforts [6][8][11] - The company is actively pursuing international growth, securing new deals with existing customers' international subsidiaries and expanding its presence in Europe and North America [4][6][13] - The management expressed optimism about the company's growth trajectory, highlighting the successful integration of their Vulnerable Road User (VRU) detection technology with a leading European automotive technology provider [4][6] Financial Highlights - Revenues increased by 57% to NIS 756 thousand (~$224 thousand) in the first half of 2025 from NIS 483 thousand (~$143 thousand) in the first half of 2024 [8][11] - Gross profit for the first half of 2025 was NIS 224 thousand (~$66 thousand), with a gross margin of 30%, compared to a gross profit of NIS 85 thousand (~$25 thousand) and a gross margin of 18% in the first half of 2024 [9][24] - Operating loss for the first half of 2025 was NIS 16.8 million (~$5.0 million), slightly higher than the NIS 15.7 million (~$4.6 million) loss in the first half of 2024 [11][24] - Net loss for the first half of 2025 was NIS 16.1 million (~$4.7 million), compared to a net loss of NIS 16.3 million (~$4.8 million) in the first half of 2024 [11][24] - Cash and cash equivalents increased to NIS 16.0 million (~$4.7 million) as of June 30, 2025, up from NIS 13.3 million (~$4.0 million) at the end of 2024 [12][24] Recent Developments - The company has signed new sales and marketing agreements in the United States and a distribution agreement in Canada, enhancing its North American strategy [6][13] - SaverOne has broadened its relationship with Cemex across several European countries, demonstrating the effectiveness of its international expansion strategy [7] - The company signed a preliminary agreement with a leading European ADAS technology provider to integrate its VRU detection solution into their sensor fusion platform [4][13]