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SaverOne 2014 Ltd. ADR ( (SVRE) ) has provided an update.
On February 18, 2025, SaverOne 2014 Ltd. announced its first U.S. commercial agreement with MDM Express, a FedEx trucking contractor. SaverOne’s U.S. distributor, Motor Supply, completed a successful pilot project and will now install SaverOne’s system across MDM’s fleet of 20 trucks. This partnership marks a significant milestone in SaverOne’s expansion into the U.S. market and showcases the system’s effectiveness in enhancing fleet safety by reducing driver distractions. The implementation is expected to influence other FedEx contractors and drive further interest in SaverOne’s technology.
More about SaverOne 2014 Ltd. ADR
SaverOne 2014 Ltd. is a technology company specializing in transportation safety technology. They design, develop, and commercialize solutions to prevent vehicle accidents, focusing on reducing distractions from mobile phones in vehicles. The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies, particularly in the Israeli, European, and U.S. markets.
YTD Price Performance: -54.17%
Average Trading Volume: 537,811
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.7M
For an in-depth examination of SVRE stock, go to TipRanks’ Stock Analysis page.
