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An announcement from SaverOne 2014 Ltd. ADR ( (SVRE) ) is now available.
On January 30, 2025, SaverOne 2014 Ltd. announced an agreement with Oz Group to deploy their driver safety systems across Oz Group’s fleet of 100 vehicles. This deployment aims to enhance fleet safety by mitigating driver distractions, which is a significant cause of road accidents. The initial phase will involve installing 30 systems in trucks, with plans for future expansion. This collaboration highlights SaverOne’s growing influence in safety technology and its potential positive impact on reducing road accidents, aligning with anticipated EU regulations on driver distraction prevention.
More about SaverOne 2014 Ltd. ADR
SaverOne 2014 Ltd. is a technology company specializing in transportation safety technology. They focus on designing, developing, and commercializing solutions to prevent vehicle accidents, particularly those caused by driver distractions from mobile phone usage. Their primary markets include commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies, with a focus on the Israeli, European, and US markets.
YTD Price Performance: -22.33%
Average Trading Volume: 319,376
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.67M
See more insights into SVRE stock on TipRanks’ Stock Analysis page.
