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].

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]

Core Viewpoint - SaverOne has signed a preliminary agreement with a leading European automotive-technology provider to integrate its Vulnerable Road User (VRU) detection solution into an Advanced Driver Assistance Systems (ADAS) platform, enhancing road safety through improved detection capabilities [1][2][3] Group 1: Collaboration and Technology Integration - The collaboration marks a significant milestone for SaverOne's VRU solution, focusing on sensor fusion to improve detection of VRUs like pedestrians in Non-Line-of-Sight (NLoS) scenarios [2] - The integrated system will utilize SaverOne's Radio Frequency (RF) detection technology to create a detailed environmental model, enhancing situational awareness for safer vehicle decisions [2][3] - The new sensor fusion concept aims to provide non-line-of-sight detection of vulnerable road users, a feature currently unavailable in the market [3] Group 2: Company Overview and Market Focus - SaverOne is developing a VRU solution that enhances ADAS performance, particularly in adverse weather and low visibility conditions, by identifying VRUs through their cellphone signals [4] - The company targets commercial and private vehicle fleets, including public transportation, and aims to reduce costs associated with road accidents, which in the US alone amount to approximately $870 billion annually [5][6] - SaverOne's strategy includes providing technology for both aftermarket installations and direct integration with OEM vehicle manufacturers [7][8]

Core Points - SaverOne has signed a new commercial agreement with CEMEX Logistik GmbH for the installation of Driver Distraction Prevention Systems in CEMEX's fleet of approximately 1,000 trucks [1][2] - This agreement enhances the collaboration between SaverOne and CEMEX, following previous deployments in Israel, Spain, and the Czech Republic [2][3] - CEMEX emphasizes the importance of safety and efficiency in logistics operations, citing positive results from similar implementations across Europe [3] - SaverOne's technology aims to address driver distraction, a leading cause of road accidents, by preventing access to distracting applications while allowing necessary functions like navigation [5][6] - The annual cost of road accidents in the U.S. is approximately $870 billion, with a quarter of these accidents linked to mobile phone use while driving [5] - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, focusing on markets in Israel, Europe, and the U.S. [6][9] - The company plans to expand its technology offerings in the aftermarket and collaborate with OEM vehicle manufacturers for integration during production [7][9] Company Overview - CEMEX is a global leader in construction materials and solutions, committed to sustainability and carbon neutrality through innovation [4] - The company offers a range of products including cement, ready-mix concrete, and aggregates, supported by a multinational workforce and digital technologies [5] - SaverOne specializes in developing transportation safety solutions to reduce vehicle accidents caused by driver distraction [9]

Core Insights - SaverOne 2014 Ltd. has signed a new commercial agreement with Cemex Czech Republic to deploy its Driver Distraction Prevention System (DDPS) across Cemex's cement truck fleet in the Czech Republic, marking an expansion of their collaboration in Europe [1][2][3] Company Overview - SaverOne specializes in developing transportation safety solutions, particularly focusing on preventing driver distraction caused by mobile phone usage while driving [5][8] - The company's technology aims to enhance road safety by preventing access to distracting applications while allowing necessary functions like navigation [5][6] Strategic Collaboration - The new agreement with Cemex follows a successful implementation of SaverOne's solutions in other European markets, including Israel [2][3] - Cemex emphasizes safety as a core value and is committed to adopting innovative technologies to protect drivers and communities [3][4] Market Potential - SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on the Israeli, European, and US markets [6][8] - The anticipated EU regulations on monitoring and prevention of cellular distraction systems are expected to positively impact demand for SaverOne's technology [6] Technology and Innovation - SaverOne's system is designed to reduce the risk of accidents caused by mobile phone distractions, which are a leading cause of road accidents globally [5][6] - The company is also developing a sensor system for detecting vulnerable road users through their cellphone footprint [9]