Hello Everyone,
We have another profile that we wanted to bring to your attention immediately.
We profiled this company a few times in the past year. You may remember it from back in Late November when we showed you this one while it was siting at just .36.
It went on a massive run throughout December and January and not long after hit 1.22 for an incredible 200%+ run over several weeks.
This has been one of the biggest profiles of the past year on our newsletter.
Pull up SVRE immediately.
You are going to want to research it right away before the open.
Founded in 2014 with a mission to make roads safer for drivers, passengers, and pedestrians alike, SaverOne develops cellular network-based technological solutions for reducing road accidents.
Their innovative system for identifying and limiting the use of certain apps on mobile devices while operating a vehicle has already been widely adopted by dozens of companies in Israel.
SaverOne is also developing an additional system that can detect and warn the driver of VRU’s (Vulnerable Road Users and pedestrians) crossing when the driver’s field of vision is extremely limited. This system is currently in advanced stages of development.
The company dropped some exciting news just minutes ago:
SaverOne Announces New Pilot with Malta Public Transport Company
Petah Tikvah, Israel, Sept. 18, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, today announced the launch of a new pilot project with the national bus operator of Malta, Malta Public Transport Company (MPTC). MPTC, as part of its ongoing evaluation of new safety solutions and technologies, will be conducting tests of the SaverOne system over the coming months. The installation was performed in collaboration with SaverOne's regional distributor, GVZ Components.
Malta Public Transport Company is the national bus operator responsible for public transportation services across Malta, operating an extensive network of routes, connecting major cities, towns, and villages. The company runs approximately 450 buses and should the evaluation prove to be successful, MPTC will potentially equip its entire fleet with the SaverOne System during 2025.
Mr. Ori Gilboa, CEO of SaverOne, commented, “We are excited to start work in a new geography with Malta’s major bus company, the Malta Public Transport Company. This new pilot as well as the increasing scope of work with our regional distributor, has opened up a significant opportunity to bring our technology to Malta and underscores our growing penetration into European and international markets. We look forward to a successful evaluation and the potential for expanding sales in Malta and Europe.”
READ THE FULL REPORT HERE: https://insiderfinancial.com/
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Insider Financial
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