SAVERONE 2014 LTD Stock Price, News & Analysis

SaverOne (SVRE) has been granted its 14th patent (US Patent No. 12,326,512) by the USPTO for advanced sensor fusion technology in vehicle safety. The patent covers a system that combines RF-based phone location detection with non-RF sensors to precisely identify and classify mobile device usage within vehicles. The technology can distinguish between driver and passenger phone usage and determine the device's operation mode (idle, call, texting, streaming). This patent is part of SaverOne's portfolio of 23 patents and applications across key markets including the US, Europe, Israel, China, and the UK. The 20-year protection term strengthens the company's position in transportation safety technology and supports its global commercialization strategy.

SaverOne (SVRE) has signed a preliminary agreement with a leading European automotive-technology provider to integrate its Vulnerable Road User (VRU) detection solution into their Advanced Driver Assistance Systems (ADAS) sensor fusion platform. This collaboration marks SaverOne's first sensor fusion agreement, combining their Radio Frequency detection technology to enable non-line-of-sight detection of pedestrians and other VRUs. The integrated system will be showcased to OEM customers at the ADAS provider's European showroom. This strategic partnership aims to create a unique sensor fusion concept that enhances road safety by improving VRU detection in scenarios where direct line of sight is not available.

SaverOne (SVRE) has signed a new commercial agreement with CEMEX Germany to install its Driver Distraction Prevention Systems across CEMEX's fleet of approximately 1,000 trucks. This expansion builds upon SaverOne's existing collaboration with CEMEX, following successful deployments in Israel, Spain, and the Czech Republic. The agreement represents a significant step in SaverOne's European expansion strategy and strengthens its partnership with CEMEX, one of the world's largest building materials companies. The implementation aims to enhance road safety by addressing driver distraction, a leading cause of accidents.

SaverOne (Nasdaq: SVRE) has signed a new commercial agreement with Cemex Czech Republic to deploy its Driver Distraction Prevention System (DDPS) across their entire cement truck fleet. This expansion follows successful implementations with Cemex in Israel and another European country, with plans for additional European deployments.

The agreement strengthens SaverOne's strategic collaboration with Cemex across multiple European markets. Cemex Czech Republic's Cement Logistics Manager, Ota Horák, emphasized their commitment to safety and innovative technologies, citing positive feedback from other European deployments.

SaverOne (SVRE) has signed its first distribution agreement in Canada with MRF Geosystems , marking its entry into the Canadian market. The agreement grants MRF conditional exclusive rights to sell, install, and support the SaverOne System in Alberta province.

The deal includes a six-month exclusivity period with a target of 1,000 unit sales in Alberta. MRF can also market SaverOne's solutions in other Canadian provinces non-exclusively. SaverOne will provide comprehensive support including onboarding, technical training, marketing, and 24/7 help desk access.

MRF Geosystems, based in Calgary, Alberta, specializes in geospatial technology and data management solutions across Canada. Through this partnership, MRF will expand into road safety technology, specifically addressing distracted driving prevention.

SaverOne (SVRE) reported its full year 2024 results, showing revenues of NIS 1.68M (~$461K), down from NIS 2.72M in 2023, with 29% of revenues from non-home markets versus 7% last year. The company posted a net loss of NIS 34.9M (~$9.6M) compared to NIS 33.8M in 2023.

The company has received orders for 5,400 systems, with approximately 4,000 installed to date. SaverOne expanded its global presence through new distribution agreements in Germany, UK, and Spain/Portugal, including its first US customer, FedEx contractor MDM Express.

A significant development includes an external market analysis of SaverOne's Vulnerable Road User (VRU) sensor technology, projecting a $1.5 billion annual potential by 2035. The company plans to spinoff a dedicated entity for VRU sensor solution development.

Cash position stood at NIS 13.3M (~$3.7M) as of December 31, 2024, compared to NIS 17.1M at year-end 2023. Gross margin improved to 36.5% from 27.6% last year.

SaverOne (Nasdaq: SVRE, TASE: SVRE) has officially regained compliance with Nasdaq's minimum bid price requirement, as announced on March 17, 2025. The company received formal confirmation from Nasdaq after its American Depository Shares (ADS) maintained a closing bid price of $1.00 or higher for more than 10 consecutive business days, starting from February 21, 2025.

This development confirms SaverOne's successful fulfillment of Nasdaq Listing Rule 5550(a)(2), as verified by the Nasdaq Listing Qualifications Staff.

SaverOne (Nasdaq: SVRE) has been granted its 13th patent by the USPTO, expanding its portfolio to 23 patents (13 granted, 10 pending). The new patent (No. 12,231,899) covers technology for managing mobile phone application access while driving through a Phone Location Unit that communicates wirelessly with the driver's phone.

The system allows access only to permitted applications like phone or navigation, while restricting others according to corporate safety policies. The patent will be valid for 20 years from the filing date. SaverOne's patent portfolio spans key markets including Europe, US, China, Israel, and the United Kingdom, supporting the company's global expansion strategy.

SaverOne (Nasdaq: SVRE) received a notice from Nasdaq on February 20, 2025, indicating non-compliance with the minimum bid price requirement of $1.00 per share. Due to a previous reverse stock split within the past year, the company is not eligible for the standard 180-day compliance period and faces potential delisting.

The company plans to appeal this determination by February 27, 2025, and will request a hearing before the Nasdaq Hearings Panel, which will temporarily stay the suspension of trading. On February 21, 2025, SaverOne implemented a change in the ratio of its ADS to ordinary shares, resulting in a closing bid price above $1.00. While the company intends to present a compliance plan to the Panel, there is no guarantee of acceptance or continued listing approval.