SaverOne 2014 Ltd. ADR ( (SVRE) ) has issued an announcement.
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SaverOne has been granted a new US patent for its innovative phone location identification technology, enhancing driver safety by accurately determining the position of cellphones within a vehicle. This patent strengthens SaverOne’s intellectual property portfolio, which now includes 12 granted patents and 11 pending applications, indicating a strategic focus on global expansion. The company’s technology aims to reduce road accidents by preventing driver distractions, aligning with expected regulatory changes that could boost demand for such systems.
More about SaverOne 2014 Ltd. ADR
SaverOne 2014 Ltd. is a technology company specializing in transportation safety solutions. The company designs, develops, and commercializes solutions to reduce and prevent vehicle accidents caused by driver distraction due to mobile phone use. SaverOne’s target markets include commercial and private vehicle fleets, vehicle manufacturers, insurance, and leasing companies, with a focus on the Israeli, European, and US markets.
YTD Price Performance: -91.52%
Average Trading Volume: 305,750
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.12M
Learn more about SVRE stock on TipRanks’ Stock Analysis page.
