Agreement signed with BSD Tree Strongly Expanding SaverOne’s Footprint into the U.S. North East Petah Tikvah, Israel, Oct. 20, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing transportation safety solutions, today announced that it has signed a new distribution agreement with BSD Tree Inc., a New York City-based company. This is the third distribution agreement signed in the United States. Under the agreement, BSD Tree Inc. will distri ...

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]

Partnership aims to deliver an ADAS sensor fusion platform capable of detecting Vulnerable Road Users in non-line-of-sight conditions Petah Tikvah, Israel, Sept. 09, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing transportation safety solutions, today announced it has signed an agreement with a global leader in vision solution technologies. The new agreement launches a collaboration on the development of advanced driver-assistance syst ...

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].

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]

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]

Core Viewpoint - SaverOne 2014 Ltd. has expanded its collaboration with Cemex by signing a new agreement to deploy its Driver Distraction Prevention System (DDPS) across Cemex's fleet in Europe, marking a significant step in its global expansion strategy [1][3]. Company Overview - SaverOne is a technology company focused on developing transportation safety solutions, particularly aimed at preventing driver distraction caused by mobile phone usage while driving [5][8]. - The company's DDPS technology is designed to enhance road safety by restricting access to distracting applications while allowing essential functions like navigation [5][6]. Industry Context - The global market for driver distraction prevention solutions is expected to grow, driven by increasing regulatory focus on vehicle safety and the rising costs associated with road accidents, which in the U.S. alone amount to approximately $870 billion annually [5][6]. - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a strategic focus on markets in Israel, Europe, and the U.S. [6][8]. Partnership with Cemex - The new agreement with Cemex signifies a strong endorsement of SaverOne's DDPS, as Cemex has previously implemented the solution in other regions, showcasing its effectiveness [2][3]. - Cemex is recognized as a leading global construction materials company committed to sustainability and innovation, aligning with SaverOne's mission to enhance safety through advanced technology [4][5].

Core Insights - SaverOne 2014 Ltd. has signed an agreement with Sdot Dan Regional Council to implement its driver distraction prevention system on school buses, enhancing safety for students [1][2] - The adoption of the SaverOne system by Sdot Dan is expected to serve as a model for other local authorities, promoting widespread adoption of vehicle safety technologies [3][4] Company Overview - SaverOne specializes in developing transportation safety solutions aimed at preventing driver distraction caused by mobile phone usage while driving [5][8] - The company's technology prevents access to distracting applications while allowing essential functions like navigation, thereby creating a safer driving environment [5] Market Strategy - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, focusing on reducing costs associated with accidents [6] - The company aims to expand its presence in the Israeli, European, and US markets, anticipating increased demand driven by upcoming EU regulations on cellular distraction systems [6][7] Product Development - SaverOne's initial product line focuses on preventing accidents caused by mobile phone distractions, with ongoing development of a sensor system for detecting vulnerable road users [9]

Core Viewpoint - SaverOne 2014 Ltd. has signed a sales and marketing agreement with TOJ Jax LLC to enhance its market presence in the U.S. trucking and logistics industry, focusing on mobile distraction prevention systems for large commercial fleets [1][2][3][4]. Company Overview - SaverOne is a technology company focused on developing transportation safety solutions, particularly aimed at reducing vehicle accidents caused by driver distraction [11]. - TOJ Jax LLC is a Florida-based agency specializing in the trucking and logistics fleet sector, led by industry veterans Steven Silverman and Richard Sisisky [5][6]. Partnership Details - The agreement grants TOJ Jax exclusivity in the U.S. for large fleet operators with over 500 vehicles and includes aggressive annual sales targets [2]. - TOJ Jax will leverage its extensive industry experience and connections to drive sales and market penetration of SaverOne's systems among major U.S. fleets [2][4]. Market Impact - This partnership is a strategic move for SaverOne to access major fleet customers, potentially leading to significant sales growth and a stronger presence in the U.S. transportation industry [3][4]. - SaverOne's technology addresses a critical issue, as the U.S. National Highway Traffic Safety Administration estimates that road accidents cost approximately $870 billion annually, with a significant portion linked to mobile phone use while driving [7]. Product Offering - SaverOne's system is designed to prevent driver distraction by restricting access to distracting applications while allowing essential functions like navigation and calls [7]. - The primary target markets for SaverOne include commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on reducing costs associated with accidents [8].

Core Viewpoint - SaverOne has been granted a new patent, enhancing its technological leadership in mobile device detection and classification within vehicles, which is crucial for improving transportation safety [1][3] Group 1: Patent and Intellectual Property - The new patent, numbered 12,326,512, focuses on classifying mobile device usage in vehicles using sensor fusion technology [1] - With this patent, SaverOne's intellectual property portfolio now consists of 23 patents, including 14 granted patents and 9 pending applications across key markets such as the US, Europe, Israel, China, and the UK [2] Group 2: Technology and Safety Solutions - SaverOne's technology aims to prevent driver distraction by recognizing the driver's area in the vehicle and restricting access to distracting applications while allowing essential functions [4] - The annual cost of road accidents in the US is approximately $870 billion, with a quarter of these accidents linked to mobile phone usage while driving [4] Group 3: Market Focus and Strategy - The primary target markets for SaverOne include commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with an initial focus on the Israeli, European, and US markets [5] - The company plans to provide its technology for both aftermarket installations and original equipment manufacturer (OEM) integrations during vehicle manufacturing [6] Group 4: Future Developments - SaverOne is also developing a Vulnerable Road User (VRU) solution to enhance Advanced Driver Assistance Systems (ADAS) by improving detection capabilities in challenging conditions [7][8] - The company’s initial product line aims to prevent accidents caused by mobile phone distractions, while also working on systems for early detection of vulnerable road users [10]