UltimateStockAlerts Donât want emails from us anymore? Click [here]( to unsubscribe. Hello! We are continuing to monitor our previous alert for sustainable upside potential as it trends higher. In addition, we have a new NASDAQ high volatility alert. New Alert: SaverOne 2014 Ltd. (NASDAQ: SVRE) Over the past few weeks SVRE has been consolidating and now could be forming the start of a big breakout opportunity. SVRE has a history of experiencing significant upside in a short period of time and a chart setup suggesting the potential for increased gains. In addition, SVRE announced multiple developments recently... SVRE is a NASDAQ listed âtechnology company engaged in the design, development and commercialization of OEM and aftermarket solutions and technologies, to lower the risk of, and prevent, vehicle accidentsâ. The companyâs âinitial 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 drivingâ. SVRE is âalso developing a sensor system for early location and direction detection under all visibility conditions of vulnerable road users (VRU) through their cellphone footprintâ. As the company further explains: âSaverOneâs 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, the safety of their passengers and others on the road.â Sadly this âphenomenon is considered one of the main causes of road accidents in the worldâ. âAccording 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.â Here is how it works: âSaverOne'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.â This could be a big opportunity for the company. Their âprimary 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 companiesâ. SVRE âinitially addresses car fleets with focus on the Israeli, European and US markets, as well as other markets around the worldâ. In addition, the company's âstrategy 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 processâ. SVRE has announced multiple accomplishments recently that could be significant growth catalysts for the company. Here are some of the companyâs âRecent Developments in the First Half of 2024â from their August press release: - âSaverOne to Install its System Across Entire Strauss Group Fleet. Strauss Group is one of the largest food manufacturers in Israel with a fleet of over 80 food delivery trucks. The new order covering the entire Strauss delivery fleet, follows a successful trial on 17 Strauss trucks, in which Strauss' management noted a statistically significant reduction in accident rates in the trucks that had the SaverOne system installed.â
- âSaverOne Signed Contract to Install its Systems on 300 Buses of Leading Israeli Transportation Company Bon Tour. Bon Tour is one of the leading private transit companies in Israel, operating hundreds of buses and providing transportation solutions and travel services to some of the largest companies in the country.â
- âLeading Israeli Transportation Company Egged Tours Selects SaverOne's Driver Distraction Solution System for a contract to install 300 SaverOne Systems on all of its buses. Egged Tours, operating the largest tour bus fleet in Israel, is a subsidiary of Egged Transportation, Israel's largest bus company, with over 3,000 buses operating nationally with a vast network of urban and intercity routes.â
- âSaverOne Granted New US Patent Strengthening its IP portfolio Supporting its Transportation Safety Solution. This marks SaverOneâs 23rd patent and describes SaverOne's advanced algorithms and its selective blocking mechanism to prevent the driver from accessing distracting phone functionalities while the vehicle is in motion.â
- âSaverOne Launches New Pilot Project in the United States with Motor Supply, Inc., a trucking company based in Columbia, South Carolina. SaverOne's System was installed on a portion of Motor Supply's fleet of sixteen trucks. The pilot is expected to run over a period of 12 months and, if successful, could potentially expand to the rest of the fleet and any future trucks that Motor Supply may operate.â
- âGB Tours to Expand its Installation of the SaverOne System Across its Full Fleet of Public Transportation and Tour Buses. GB Tours is a leading Israel-based public transportation company that operates public transportation lines as well as tour buses with a fleet of about one hundred buses. This order for 77 buses follows the conclusion of a successful pilot of the SaverOne System on 20 of GB Toursâ buses.â
- âOEM Agreement Signed to Install the SaverOne Safety Solution in Volvo Buses in Mexico. SaverOne's Safety Solution will be installed in new Volvo buses that are manufactured for the Mexican market. The agreement provides Volvo with two years of exclusivity in the OEM market in Mexico. SaverOne will also provide twelve months of service and support for Volvo bus customers. After that period, Volvo bus customers will continue to receive SaverOneâs comprehensive service package for an on-going monthly fee.â
- âSaverOne Signs Milestone OEM Agreement with IVECO to develop a solution to prevent driver distraction from cellphone use. 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.â
- âSaverOne Expands its Collaboration with IVECO with its Vulnerable Road User Solution. Receives New Purchase Order for a vulnerable road user (VRU) proof-of-concept (POC). The POC will present SaverOneâs radio frequency (RF)-based solution that could be integrated in the vehicle Advanced Driver Assistance System (ADAS) to enhance vehicle safety. This solution is expected to be installed in one of IVECOâs vehicles in Europe in early 2025.â
- âSaverOne Granted New European Patent encompassing SaverOneâs innovative system and groundbreaking methods that employ machine learning and channel fingerprinting techniques.â
- âSaverOne: External Analysis Projects Annual $1.5 Billion Market Potential by 2035 for its RF-ADAS Technology. Announced spinoff company dedicated to advancing VRU sensor solution following the conclusion of a comprehensive project completed by a leading global consultancy firm which analyzed the addressable market potential, as well as the initial interest from OEMs. The consultancy firm's analysis projects a market potential annually of $1.5 billion by 2035.â
- âGlobal Food Manufacturer Expands Installation of SaverOne Protection System. Follow-on order for 50 SaverOne Systems by the Israeli subsidiary of a leading global food manufacturer, for installation in their employee vehicles. This new order follows several successful trial phases and a prior order in November 2022, during which 80 employee vehicles in Israel were equipped with the SaverOne system.â
- âGlobal Food Manufacturer Adopts SaverOne System for Supply Chain Truck Protection. Following the successful completion of a pilot of SaverOne Systemsâ on the customerâs trucks, an integral part of their supply chain in Israel, the customer ordered 46 SaverOne Systems. The customer is the Israeli subsidiary of one of the worldâs top food manufacturers.â
- âEgged Tours Broaden Installation of SaverOne System Across its Entire Bus Fleet. The follow-on project will install the SaverOne system on an additional 60 buses and cover Egged Toursâ entire fleet at its central hub of 130 vehicles. Egged Tours is a subsidiary of Egged Transportation, Israel's largest public bus fleet with over 3,000 buses, representing significant broader sales potential for SaverOne.â In addition, the company also announced: âSaverOne Announces Strategic Acquisition of Micronetâs Generation-3 Camera IPâ Here are some of the comments from this press release: âThis acquisition of products and related IP is a new component of our ongoing strategy to broaden our product offerings and solutions for customers,â commented Ori Gilboa, CEO of SaverOne. âWe believe that we are acquiring a robust IP suite and next-generation cameras that complement our existing solution and supports our intention to create a unique combined product with both camera and cellular distraction prevention solution. This transaction represents a significant opportunity for future revenue growth, as well as potential for new customer acquisition, particularly in the United States.â In September, the company announced: âFroneri Israel Orders SaverOne Systems to Provide Safety Coverage for its Entire Fleetâ Here are some of the comments from this press release: âMr. Ori Gilboa, CEO of SaverOne, commented, âWe are delighted that Froneri, an early customer of ours, is expanding its use of the SaverOne System across its entire fleet in Israel. This is a strong testament to the effectiveness and reliability of our technology in enhancing the safety of their employees and preventing accidents caused by driver distraction within Froneriâs fleet over the past three years. We look forward to expanding our partnership with Froneri, with the goal of broadening sales to some of their other subsidiaries around the world.ââ Most recently, last Tuesday, the company announced: âSaverOne Launches Four Pilot Projects with Customers of Volvo Buses Mexicoâ Here are some of the comments from this press release: âMr. Ori Gilboa, CEO of SaverOne, commented, âWe are incredibly proud of our developing collaboration with Volvo Buses, a major bus manufacturer and leader in the transportation sector. These pilot projects in Mexico are the initial fruits of our recent OEM agreement with Volvo Group and marks a significant step forward in SaverOneâs ongoing activities to broaden its global reach. Furthermore, this OEM agreement provides for significant potential to extend our collaboration with other Volvo subsidiaries throughout the world.ââ In addition: âContinued Mr. Gilboa, âThese four new customers are important bus operators in Mexico and the potential from these pilots are hundreds of additional buses. As these pilots demonstrate, in 2024, we are becoming increasingly successful at broadening our operations across multiple regions, including Europe, the United States and Mexico. We see immense further potential in our Volvo Bus collaboration, and we are excited about the possibilities it holds for the future.ââ Last Wednesday, the company announced: âSaverOne Announces New Pilot with Malta Public Transport Companyâ Here are some of the comments from this press release: âMr. Ori Gilboa, CEO of SaverOne, commented, âWe are excited to start work in a new geography with Maltaâs major bus company, the Malta Public Transport Company. This new pilot as well as the increasing scope of work with our regional distributor, has opened up a significant opportunity to bring our technology to Malta and underscores our growing penetration into European and international markets. We look forward to a successful evaluation and the potential for expanding sales in Malta and Europe.ââ SVRE could be in a position to experience increased growth. Make sure to do your own due diligence. Sources: [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [Website]( [Chart]( Happy Trading! UltimateStockAlerts Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. 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