SaverOne 2014 Ltd. ADR ( (SVRE) ) has published an announcement.
SaverOne has been awarded a new U.S. patent for its innovative phone location identification technology, improving driver safety by accurately determining the location of cell phones in 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 avoiding driver distractions, aligning with expected regulatory changes that could drive demand for such systems.
Learn more about SaverOne 2014 Ltd.
SaverOne 2014 Ltd. is a technology company specializing in transportation security solutions. The company designs, develops and markets solutions to reduce and prevent vehicle accidents caused by driver distraction due to cell phone use. SaverOne’s target markets include commercial and private vehicle fleets, automobile manufacturers, insurance and leasing companies, with a focus on the Israeli, European and American markets.
Year-to-date price performance: -91.52%
Average trading volume: 305,750
Technical Sentiment Consensus Rating: Buy
Current market capitalization: $3.12 million
Learn more about SVRE stock at TipRanks Stock Analysis Page.