Breaking news out on (NASDAQ: SVRE) [SaverOneâs solution to be provided to IVECOâs customers under a SaaS model]( The Stock is Now Approx. up 11% at  $1.38/share, & I'm Initiating Another Breakout! Must See New Analyst Coverage 12-Month Target Price $1.80  [Click Here To See The Full Report]( 10XProTrader Member, 10XProTrader Member, Kevin Vander here with your "10XProTraderâ Morning Update on SaverOne (NASDAQ: SVRE). SaverOne has released massive news this morning, and I can NOT stress enough how this stock needs to be at the top of your list. Already up 11% on the day, can this huge news create a viral affect for shares of this dynamic company? Your timing couldn't be any better! SaverOneâs solution to be provided to IVECOâs customers under a SaaS model Petah Tikvah, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells transportation safety solutions, today announced that it has signed an OEM agreement with IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles. The agreement seals the collaboration to develop a solution to prevent driver distraction from cellphone use. The OEM agreement covers the integration of SaverOneâs safety technology within IVECOâs vehicles through their manufacturing line. Initially, throughout 2024, SaverOneâs software will be integrated within IVECOâs hardware. Future further evolutions, may include the integration of SaverOneâs mobile app with IVECO's mobile app, and SaverOneâs hardware and software within IVECOâs assembly line. The first IVECO vehicles with the integrated SaverOne software solution are expected to be delivered this year. IVECO and SaverOne will also collaborate within their service centers to offer comprehensive support for drivers that use this technology. SaverOneâs solution will be provided to IVECOâs customers under a software-as-a-service model. It will be included in IVECOâs services portfolio and will be delivered to customers under IVECOâs commercial responsibility. Technical development and integration will be delivered by SaverOne. Fabrizio Conicella, Head of Digital and Advanced Technology, Iveco Group, commented, âWe are delighted to enter into this partnership with SaverOne, a collaboration that underscores Iveco Groupâs dedication to leading the way in transportation safety and innovation. Integrating the SaverOne technology into our trucks advances our efforts to provide our customers with not only the most reliable and efficient vehicles on the market, but also the safest.â Ori Gilboa, CEO of SaverOne, stated, "We are thrilled to sign this milestone OEM agreement with IVECO, a leading European vehicle manufacturer. We believe that this agreement represents a very significant strategic move that strongly expands our footprint in European markets. It works to integrate our advanced driver safety solution into IVECO's manufacturing line, which allows us to directly tap into the IVECO global customer base. We look forward to a fruitful collaboration with IVECO and are excited about the positive impact our joint efforts will have on making roads safer for everyone.â About IVECO IVECO is the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets a wide range of light, medium and heavy commercial vehicles, off-road trucks and vehicles suitable for any body type. It constantly innovates and extends its product portfolio to provide every customer with the vehicle that matches their mission precisely. Its full-line offer is designed around the Driverâs needs to deliver an excellent experience with a focus on safety and comfort. A wide range of advanced digital, connectivity-enabled services developed to help fleet owners run their fleet efficiently enhance IVECOâs complete transport solution. IVECO pursues its decarbonisation strategy through a multi-energy approach that includes the further development of bio-methane, battery electric and fuel cell technologies. IVECO operates 7 manufacturing plants and 8 research and development centres. It counts on 3,500 sales and service points in over 160 countries, which guarantee technical support wherever an IVECO vehicle is at work. IVECO drives the road of change by powering the transformation of the transport industry, propelled by the ambition to be the most reliable partner and full-line player for its customers. About the SaverOne System SaverOneâs 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, calls), without user intervention or consent, creating a safer driving environment. SaverOneâs primary target markets include commercial and private vehicle fleets, including public transportation and buses, 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 Companyâs 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. About SaverOne SaverOne is a technology company engaged in the design, development and commercialization of OEM and aftermarket solutions and technologies, to lower the risk of, and prevent, vehicle accidents. SaverOneâs initial line of products is a suite of solutions that saves lives by preventing car accidents resulting from distraction from the use of mobile phones while driving. SaverOne is also developing a sensor system for early location and direction detection under all visibility conditions of vulnerable road users (VRU) through their cellphone footprint. Learn more at [( Despite being in business for nearly a decade, SaverOne (NASDAQ: SVRE) is still a fairly early-stage company with incredible upside potential. The company offers an in-cabin distracted driver prevention system that effectively locks down the most distracting apps on an enabled mobile device when it is near the driver in a SaverOne-equipped vehicle. This stock is by far my #1 best performing breakout stock of 2023 & 2024! The timing once again is incredible, and I anticipate another big move just like the moves this stock has made historically for my 10X Community. I first alerted (NASDAQ: SVRE) on Tuesday 11/20/2023 when the stock was just $.35/share. Several weeks later the stock sky-rocketed to $1.00/share on insane volume. The stock is creating higher lows, and higher highs. Now the stock has settled into a new base of $1.25/share and I believe we are going to see (NASDAQ: SVRE) sky-rocket in price again! I'm issuing another aggressive breakout alert with (SVRE) once again. Do NOT let this slip by you, you must do your own independent research. Wall Streets most respected publications, "Zacks Small-Cap Research" just released a brand new 12-month target price of $1.80/shr. Must See New Analyst Coverage 12-Month Target Price $1.80  [Click Here To See The Full Report]( SaverOne is a technology company traded on the Tel Aviv Stock Exchange and on NASDAQ Stock Exchange. SaverOne was founded in 2014 to save lives, inspired by a media story about the impact of distracted driving caused by cell phone use, a phenomenon which dramatically increases the number of deaths and injuries. According to studies, in the U.S. alone the annual cost of car accidents is approx. $300 Bln, with 25% of the accidents related to cell phone use while driving. The company has developed a unique system which provides a solution to the problem of distracted driving caused by cell phone use, which endangers the driver, his/her passengers, other drivers on the road and pedestrians. SaverOne's initial line of products is a suite of solutions that saves lives by preventing car accidents resulting from distraction from the use of mobile phones while driving. SaverOne is also developing a sensor system for early location and direction detection under all visibility conditions of vulnerable road users (VRU) through their cellphone footprint. Zacks Small Cap Research Believes These Three Catalysts Should Provide Exceptional Shareholder Growth Heading Into 2024. - The biggest potential catalyst for the company in the near term is a significant OEM deployment of the companyâs DDPS. In 2021, Italian truck manufacturer IVECO began looking at options to integrate the SaverOne DDPS system into their trucks. In Q4 2022, the companies entered a Memorandum of Understanding (2022 MOU) for integrating the SaverOne solution in IVECO vehicles. - IVECO has an annual production rate of 150,000 commercial vehicles and while we do not know how broad the agreement could be, it is clear that for SaverOne, which had 4,300 units orders as of August 2023, the potential impact of this agreement could be very significant. Conversely, if we do not hear something on this agreement in the first half of 2024, investors will likely start to question whether this MOU can be converted into a commercial agreement. If the SaverOne solution remains solely an aftermarket product that requires skilled installation, the market opporâtunities will remain limited and the company could struggle to achieve profitability. - We also believe that the company is working to secure an OEM partner for the passenger car market which would instantly validate the companyâs technology in the lucrative EU or US markets. The timing of any announcement on this front is uncertain and the hostilities in Israel have likely slowed dealmaking in the second half of 2023 but we think this remains a potential catalyst in 2024. Must See New Analyst Coverage 12-Month Target Price $1.80  [Click Here To See The Full Report]( A big catalyst that could potentially send shares vertical as Wall Street's Respected Technical Analysis site [Investing.com]( issued SVRE a Bullish STRONG BUY Rating, which could be signaling a breakout to the upside. How The Software Technology Works - Driver Mobile Recognition: When the driver enters the vehicle, the system detects the cell phone in the driver's area and connects to the SaverOne application. - Establish Connection: When the vehicle starts moving, SaverOne shifts the phone to safe mode, preventing the use of all distracting applications (such as text messages or email), while allowing the use of non-distracting applications (companies can pre-define which applications can be used while driving). - Vehicle Protected: Other passengers in the car can use their cell phones freely. If the phone in the driver's area is not connected to the system, an alert sounds, reminding the driver to reconnect or place the phone outside the driver's area. - While in Safe-Mode: While in Safe-Mode, incoming messages are not displayed on the phone. Instead, the sender receives a pre-defined automatic message, such as: "I am driving and protected by SaverOne. You are welcome to call" (the message can be customized). - Engine Off: When the engine is turned off, the driver will see all the messages that were not displayed while driving. The Child Reminder feature is activated, reminding the driver to check the back seat. SaveOne System Features - Support of up to 5 phones in the vehicle and up to 3 connected to the system - Alarm when the system finds an unconnected phone located in the driverâs area - Blocks the driver incoming messages while driving with an automatic text-response - Full support of Android and iOS phones - Seamless Over-The-Air software updates Additional Overview of SaverOne (NASDAQ: SVRE) 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. Our 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 VRUâs (Vulnerable Road Users and pedestrians) crossing when the driverâs field of vision is extremely limited. This system is currently in advanced stages of development. Located in Israel, the company currently employs over 40 employees in its research and development, sales, business, operations, and support departments. - After-market segment: protecting existing cars, trucks, and buses; working with vehicle fleets. - Pre-Market OEM segment: integrating SaverOneâs Protection technology in the vehicle assembly line. The Target Market For SaveOne (NASDAQ: SVRE) Harnessing
Technology To Make Our Roads Safer SaverOneâs advanced solutions for saving lives on the road are powered by a patented AI technology that detects, locates and analyzes cell phone RF signals. The combination of proprietary hardware, software and algorithms serves as a blueprint for our innovative product lines. 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. Must See New Analyst Coverage 12-Month Target Price $1.80  [Click Here To See The Full Report]( â¢Â Zacks Research coverage on (SVRE on NASDAQ) with a valuation of $1.80. â¢Â SaverOne is working to help close the Pandoraâs box of problems that have emerged since mobile devices transitioned from simple phones to entertainment and media devices. The draw of these devices (and the social media apps on them) has been a key contributor to a sharp rise in distracted driving accidents and deaths (particularly in the United States). â¢Â Despite being in business for nearly a decade, SaverOne is still a fairly early-stage company commercializing its first products. The company offers an in-cabin distracted driver prevention system that effectively locks down the most distracting apps on an enabled mobile device when it is near the driver in a SaverOne-equipped vehicle. The automated engagement of the blocking technology is a key point of differentiation for companies and fleet managers looking to mitigate liability risk associated with distracted driving by their employees. â¢Â SaverOneâs initial product requires an extensive installation process and is targeted toward the aftermarket commercial vehicle market. This installation process has likely limited the initial applications of the technology to commercial fleets but we do believe that an integrated solution built-in by commercial vehicle OEMs could be on the near horizon which would drastically expand the market opporâtunity for SaverOne. Eventually, we believe the company would like to work with passenger vehicle OEMs to include the SaverOne Phone Location Unit as well. â¢Â The initial customers for the SaverOne Driver Distraction Prevention System (often referred to as the SaverOne DDPS) have included private and public bus fleets, industrial customers, and transportation companies. The companyâs OEM solution has been designed to be sold to large commercial vehicle manufacturers and auto manufacturers. â¢Â To date, the bulk of the companyâs operations and sales have been based in Israel (and we do expect some impact on operations in 2023 sales as a result of the current hostilities) but the company has an aggressive international expansion plan to bring its solutions to the EU and the US in 2024. â¢Â The company is in the early stages of developing another product to supplement Advanced Driver Assistance Systems (ADAS) which will utilize its core RF signal detection technology to warn drivers of Vulnerable Road Users (VRU) in the vicinity. Other technologies currently used in vehicles (radar, cameras, lidar) can be impacted when the line of sight is interrupted and the SaverOne solution seeks to address this issue by utilizing RF signals. We think there will be some significant hurdles to bringing this product to the broader market, but we think there could be use cases that make a great deal of sense. â¢Â The company has significant opporâtunities to expand its installed base through OEM relationships and international growth. Challenges for the company include perceptions that the free alternatives in the market (Carplay, Android Auto, etc.) are sufficient and a complex standby equity agreement that is likely to increase the number of freely trading ADSs in 2024 which does not appear to be fully appreciated by investors today. â¢Â Based in Petah Tikva, Israel, the company has roughly 50 employees and completed its IPO in June 2022 at $4.13 per unit on the NASDAQ. Each ADS represents 5 ordinary shares which are listed on the Tel Aviv Stock Exchange. 10 Bullish Catalysts That Have The Potential
To Generate Huge Upside - SaverOne (Nasdaq: SVRE) received $1.80 Analyst Target Price from Zacks Small Cap Research. - Talented leaders are at the reign. Management has 100+ years of combined experience and a deep knowledge of automotive safety and insurance. CEO Ori Gilboa has over 25 years of experience in the automotive and retail industry and prior to SaverOne, he served as CEO for James Richardson and the Negev Group, as well as General Manager of the auto division for Mayerâs cars and trucks. - The company's technology is visionary and disruptive. Technology offers a fast, accurate, and robust identification of the driver's location. It also has deep AI domain use. - A strong market validation. The company has demonstrated successful programs with top-tier global companies and has a case study with major OEMs to be replicated globally. - Diversity of customer base. Customers include commercial fleets, privates, governmental organizations, as well as a diversity of automobile types (trucks, buses, private cars, etc.). - Already recognized and growing. 4000+ devices ordered, 100+ active customers in Israel, 3000+ device installations, pilots in USA, Europe. - Recurring value. The company has an optimal SaaS product with a massive TAM. Growth engine for vehicle manufacturers to drive recurring value. - Recent milestones are leading to accelerated growth. Second-generation technology and a global after-market product launch are fortifying an anticipated global expansion. Israel has functioned as a Mega Pilot Program, showing the companyâs global potential and multiple active customers are international companies who can be targeted for future global expansion. - A humanitarian signature. The company's technology has the potential to create a global, history mark on humanity. Increased government regulations, as well as the difficulty in enforcing laws, have led to a growing need for the companyâs solution. - Rising financial and social costs. The average settlement cost for a fatal accident involving a commercial fleet driver is $11 Mln. The total cost of traffic accidents in the U.S. is $850 Bln+. And distracted driving costs employers over $60 Bln. Conclusion: SaverOne (NASDAQ: SVRE) is a technology startup that is publicly traded on Nasdaq under the ticker SVRE. It has a solution for lowering the risk of accidents due to distracted driving caused by cellphones. Must See New Analyst Coverage 12-Month Target Price $1.80 from Well Respected Wall Street Analysts Zacks Small Cap Research!  [Click Here To See The Full Report]( To date, the bulk of SaverOne (NASDAQ: SVRE) operations and sales have been based in Israel. Additionally the company has an aggressive international expansion plan to bring its solutions to the EU and the US in 2024. SaverOne is in the early stages of developing another product to supplement Advanced Driver Assistance Systems (ADAS) which will utilize its core RF signal detection technology to warn drivers of Vulnerable Road Users (VRU) in the vicinity. Other technologies currently used in vehicles (radar, cameras, lidar) can be impacted when the line of sight is interrupted and the SaverOne solution seeks to address this issue by utilizing RF signals. I'm urging you and all of my 10X community to immediately put SaverOne (NASDAQ: SVRE) on your watchlist for this morning 3/27. Do not miss out on another huge potential spike in price from this brand new Analyst coverage that just started circulating. Yours for greater gains, Kevin Vander
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