SaverOne partners with a global vision technology leader to enhance ADAS for detecting vulnerable road users in non-line-of-sight conditions.
Quiver AI Summary
SaverOne 2014 Ltd., a transportation safety technology company, has announced a partnership with a leading vision solutions provider to develop an advanced driver-assistance systems (ADAS) platform that focuses on the detection of Vulnerable Road Users (VRUs) in non-line-of-sight conditions. This collaboration will initially involve a Proof of Concept (POC) stage to demonstrate SaverOne’s RF-ADAS sensor technology, with the aim of commercializing this innovative system to enhance road safety for commercial vehicles. CEO Ori Gilboa emphasized that this partnership is addressing a significant gap in current ADAS technologies. Additionally, SaverOne is known for its solutions aimed at preventing driver distraction due to mobile phone usage, which contributes significantly to road accidents. The company targets both commercial and private vehicle fleets and plans to expand its technology in various markets, expecting increased demand due to forthcoming regulatory changes.
Potential Positives
- Strategic partnership with a global leader in vision solution technologies to develop an innovative ADAS sensor fusion platform.
- Focus on addressing critical safety gaps in current ADAS technologies regarding Vulnerable Road Users in non-line-of-sight conditions.
- Pioneering development of the world's first commercial ADAS sensor fusion platform specifically targeting detection of Vulnerable Road Users (VRUs).
- Potential to significantly enhance road safety and decrease the number of accidents related to driver distraction, particularly regarding mobile phone use.
Potential Negatives
- Dependence on a successful Proof of Concept (POC) could indicate technological risks and uncertainty about future product viability.
- Potential challenges in gaining market acceptance for the new ADAS solutions due to existing competition and technology limitations.
- Highlighting the collaboration's focus on non-line-of-sight conditions may underscore the inadequacies of current ADAS technologies in addressing vulnerable road users, suggesting a possible gap in existing offerings.
FAQ
What is the goal of the SaverOne partnership?
The partnership aims to develop an ADAS sensor fusion platform for detecting Vulnerable Road Users in non-line-of-sight conditions.
How does SaverOne's technology improve road safety?
SaverOne's technology prevents driver distraction from mobile phones, addressing a leading cause of road accidents.
What markets does SaverOne primarily target?
SaverOne focuses on commercial and private vehicle fleets, vehicle manufacturers, and insurance companies in several global markets.
What are Vulnerable Road Users in this context?
Vulnerable Road Users are individuals like pedestrians and cyclists who may be at risk in non-line-of-sight scenarios.
What stages are involved in the development process?
The development process includes a Proof of Concept followed by commercialization through joint R&D activities.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
Partnership aims to deliver an ADAS sensor fusion platform capable of detecting Vulnerable Road Users in non-line-of-sight conditions
Petah Tikvah, Israel, Sept. 09, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing transportation safety solutions, today announced it has signed an agreement with a global leader in vision solution technologies.
The new agreement launches a collaboration on the development of advanced driver-assistance systems (ADAS) solutions based on sensor fusion. The collaboration is focused on providing innovative ADAS functionality to improve safety and driving assistance for commercial vehicles, particularly in scenarios where Vulnerable Road Users (VRUs) are out of the field of vision (non-line-of-sight, NLoS). These are situations that current ADAS sensor technologies in the market cannot adequately address.
The collaboration will proceed in two stages. In the first stage, a Proof of Concept (POC) will be carried out to demonstrate SaverOne’s RF-ADAS sensor technology for the detection and localization of Vulnerable Road Users (VRUs), specifically in non-line-of-sight conditions. Following a successful POC, the second stage will focus on commercialization, with joint research and development activities aimed at bringing to market advanced ADAS products based on sensor fusion methodologies.
Mr. Ori Gilboa, CEO of SaverOne, stated, “By combining our RF sensing and analysis technology with the expertise of our new partners, we are pioneering an innovative solution that addresses one of the most critical gaps in ADAS systems today: the detection of vulnerable road users in non-line-of-sight conditions. We believe this partnership will create a unique and powerful solution to improve road safety, particularly for vulnerable road users who are too often at risk when out of sight. This will lead to the world’s first commercial ADAS sensor fusion platform capable of detecting VRUs in NLoS conditions.”
About the SaverOne System
SaverOne's system is installed in vehicles to solve the problem of driver distraction as a result of drivers using distracting applications on their mobile phones while driving in a way that endangers their safety and the safety of their passengers. This phenomenon is considered one of the leading causes of global road accidents. 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. It prevents the driver from accessing distracting applications such as messaging while allowing others (navigation as an example) without user intervention or consent, creating a safer driving environment.
SaverOne's primary target markets include commercial and private vehicle fleets interested in reducing potential damages and significant costs, vehicle manufacturers interested in integrating safety solutions into their vehicles, and insurance and leasing companies. SaverOne initially addresses car fleets with a focus on the Israeli, European, and US markets and other markets worldwide. SaverOne believes that an increased focus on monitoring and prevention of cellular distraction systems in vehicles, 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 to customers in the aftermarket and address OEM vehicle manufacturers to integrate the Company's protection technologies during the vehicle manufacturing process.
About SaverOne
SaverOne is a technology company that designs, develops, and commercializes OEM and aftermarket solutions and technologies to lower the risk of and prevent vehicle accidents.
SaverOne's initial product line is a suite of solutions that saves lives by preventing car accidents resulting from distraction from using 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
https://saver.one/
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act and other securities laws that are subject to substantial risks and uncertainties. All statements, besides those of historical fact, contained in this press release are forward-looking. Forward-looking statements contained in this press release include but are not limited to, statements regarding SaverOne's strategic and business plans, technology, relationships, objectives, and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations, and financial performance and condition and may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions. However, not all forward-looking statements contain these words. Forward-looking statements are based on SaverOne's current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions about future events that may not prove accurate. Many factors could cause SaverOne's actual activities or results to differ materially from those anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the ability of our technology to substantially improve the safety of drivers; our ability to protect our patented technology from infringement by third parties; the success of the collaboration for the ( ADAS) solutions and market acceptance of such product ; SaverOne’s planned level of revenues and capital expenditures and its ability to continue as a going concern; SaverOne’s ability to maintain its listing on the Nasdaq Capital Market; the ability of SaverOne’s technology to substantially improve the safety of drivers; its ability to market and sell its products; its plans to continue to invest in research and development to develop technology for both existing and new products; the ability to correctly identify and enter new markets; the impact of competition and new technologies; general market, political and economic conditions in the countries in which SaverOne operates; projected capital expenditures and liquidity; SaverOne’s intention to retain key employees, and its belief that it will maintain good relations with all employees; a resurgence of the COVID-19 pandemic and its impact on business and industry; as well as other risks and uncertainties, including, but not limited to, the risks detailed in the Company's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") on March 21, 2025 and in subsequent filings with the SEC. Forward-looking statements in this announcement are made as of this date, and SaverOne undertakes no duty to update such information except as required under applicable law.
International Investor Relations Contact:
Ehud Helft
+1 212 378 8040
[email protected]