Hello Everyone,
We want you to put SVRE back on the screen.
It is seeing heavy action in the premarket this morning with no news released yet that we can find anywhere.
Make sure you research this one now. It has come alive in the past few sessions as we head into 2025.
Before we get down to business we just wanted to congratulate our members who have been following KULR along with us over he past few years. We have brought you this one no less than 10 times over the past few years and as recently as just 2 weeks ago. The company has been releasing huge news over the past few years and today the faithful struck proverbial oil with this one busting out and almost breaking the $5 mark, hitting 4.94 before the close.
We have profiled this one when it was below .20 just a few months back. That's like a 2000% move if you were a real believer in this one a company. We looked at it in March, April, June, September, November and December. We don't often see this happen but where we have covered this one so many times for our members in the past, we thought it was worthy of updaditing you guys on.
Speaking of MASSIVE days, let's get back to SVRE for a minute.
Something is definitely going on with his one
On Christmas eve SVRE closed 63% and hit 1.59 on way above average interest.
Wednesday it dipped back below a buck and closed at 1.06 on about $1.5 of the $2.5 the previous session.
We think that there is a lot of support now at this $1 level but we certainly shall see what happens. There is certainly know way of knowing for sure.
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.
Located in Israel, the company currently employs over 50 employees in its research and development, sales, business, operations, and support departments.
This one has traded on the NASDAQ since 2020 (TASE: SVRE Nasdaq: SVRE)
SaverOne’s product portfolio addresses two main automotive segments:
- After-market segment: protecting existing cars, trucks, and buses; working with vehicle fleets.
- Pre-Market OEM segment: integrating SaverOne’s Protection technology in the vehicle assembly line.
SaverOne's system is installed in vehicles to provide a solution to the problem of driver distraction, as a result of drivers using distracting applications on the mobile phone while driving, in a way that endangers their safety and the safety of their passengers. This phenomenon is considered one of the main causes of road accidents in the world. According to the US National Highway Traffic Safety Administration, the annual cost of road accidents just in the United States, stands at about $870 billion each year, excluding the costs of serious injury or death, with a quarter of those accidents estimated to be related to the use of the mobile phones while driving. SaverOne's technology specifically recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications such as messaging, while allowing others (e.g. navigation), without user intervention or consent, creating a safer driving environment.
SaverOne's primary target markets include commercial and private vehicle fleets that are interested in reducing potential damages and significant cost, vehicle manufacturers that are interested in integrating safety solutions to their vehicles, and insurance and leasing companies. SaverOne initially addresses car fleets with focus on the Israeli, European and US markets, as well as other markets around the world. SaverOne believes that ultimately increased focus on monitoring and prevention of cellular distraction systems in vehicles, in particular driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.
The Company's strategy is to provide its technology for installation to customers in the aftermarket as well as address OEM vehicle manufacturers, to install the Company's protection technologies during the vehicle manufacturing process.
SaverOne Continues to Expand its Global Reach with New Distribution Agreement with Smartfits in the UK
Petah Tikvah, Israel, Dec. 17, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, today announced it has signed a new distribution agreement with Smartfits Installations Ltd. (Smartfits) to bring its driver distraction prevention technology to fleets across the United Kingdom.
Smartfits, based in Burton on Trent, central England, specializes in fleet safety and technology integrations, serving a diverse range of industries including logistics, public transport and corporate fleets.
Mr. Ori Gilboa, CEO of SaverOne, commented, “We are excited to partner with Smartfits as we introduce our critical road-safety technology to the UK market. This new partnership reflects Smartfits’ commitment to introducing cutting-edge safety innovations to its customer base and aligns strongly with our mission of enhancing road safety. This new distribution partnership is part of our strategic global expansion plan and builds on our strong recent success in European markets. Smartfits’ expertise and focus on delivering safety-driven solutions to fleet operators makes them an ideal partner. We believe their deep market knowledge and strong distribution capabilities will enable us to address the significant potential demand for driver distraction prevention technology in the UK.”
Ms. Lehanne Hassall, Head of Operations at Smartfits, added, “We are thrilled to build this new collaboration with SaverOne and bring their pioneering solution to customers across the UK. Fleet safety is a top priority for operators, and SaverOne’s technology offers an innovative way to prevent distractions and reduce accidents. Together, we aim to make British roads safer while helping fleets achieve greater efficiency and compliance. We anticipate strong market demand ahead as we launch the product into the UK market and look forward to providing fleets with this groundbreaking technology.”
The UK fleet market, with over five million vehicles, has potential for growth in safety-enhancing technologies, driven by increasing regulatory focus and the rising costs of accidents caused by driver distractions. SaverOne’s solution directly addresses these challenges by preventing mobile phone distractions among drivers, thereby reducing risks and operational costs for fleet operators.
SaverOne Launches New Pilot Project in Italy with Trans Italia
Trans Italia is a Leading Logistics & Transportation Company Operating Over 300 Trucks
Petah Tikvah, Israel., Dec. 09, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, is pleased to announce the launch of a new pilot project with Trans Italia, a prominent Italian logistics and transportation company well known for its eco-friendly, efficient, and intermodal transport solutions throughout Italy and beyond. This pilot marks a further and significant step in SaverOne’s expansion into the Italian market and its broader European growth strategy.
The pilot project involves the installation of SaverOne’s innovative driver safety system in an initial group of Trans Italia’s trucks. This initiative will demonstrate the system’s ability to prevent distractions while driving and highlight its potential to enhance road safety. With a fleet of over 300 trucks, Trans Italia offers substantial growth potential for SaverOne and provides a strategic platform to showcase its technology to the Italian logistics and eco-friendly transport sectors.
This collaboration was made possible through SaverOne’s Italian partner, Mr. Tal Yhie, and its regional distributor, GVZ Components. The installations are being carried out in partnership with TBS, SaverOne’s installation partner in the region, establishing a foundation for expanding installation capacity throughout Italy.
“This pilot project with Trans Italia demonstrates our increase in traction within Italy,” said Ori Gilboa, CEO of SaverOne. “We are thrilled to collaborate with a forward-thinking company like Trans Italia to demonstrate the value of our technology in improving the safety of their fleet and reducing distracted driving amongst their drivers. We believe this pilot will pave the way for increased adoption of our solutions within Italy and across Europe.”
Sergio Rotondo, Trans Italia’s Fleet Manager added, “Safety is a core value for Trans Italia, and we are committed to adopting innovative technologies that help us achieve that goal. SaverOne’s system aligns perfectly with our mission to enhance the safety of our drivers, our fleet, and the communities we serve. We are excited to see the impact of this pilot project and look forward to a long-term and successful collaboration with SaverOne.”
SaverOne Launches a New Pilot Project with a Leading Italian Sports Car Manufacturer
Petah Tikvah, Israel., Dec. 03, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, is pleased to announce the launch of a new pilot project with a globally renowned Italian luxury and sports car manufacturer.
The pilot project involves the installation of SaverOne’s distracted driving prevention system in an initial group of employee vehicles, potentially a first step in the installation of SaverOne’s systems across the manufacturer’s broader employee fleet of approximately 200 vehicles.
This new pilot marks a milestone for SaverOne, highlighting SaverOne’s further growing momentum in the Italian market. Following strong recent traction in the Italian market, it demonstrates a further successful step in SaverOne’s European expansion strategy and its commitment to enhancing road safety and driving adoption of its cutting-edge technology.
SaverOne’s growth into the Italian market is being led together with SaverOne’s Italian partner, Mr. Tal Yhie, and SaverOne’s regional distributor, GVZ Components.
Ori Gilboa, CEO of SaverOne, commented, “This new customer’s decision to launch a pilot of SaverOne’s safety system has immense potential. As a leading sports car manufacturer, their endorsement is a powerful validation of our technology and its ability to address a critical global challenge - distracted driving caused by cellphones. By adopting SaverOne’s technology, this customer is not only demonstrating its reputation for excellence and innovation but also its leadership in driver safety.”
Continued Mr. Gilboa, “This pilot is a testament to our expanding traction in Italy. We are confident this pilot will lead to new opportunities with other automotive manufacturers exploring state-of-the-art safety solutions.”
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