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SaverOne 2014 | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC announcement ·  Jan 31 22:17
Summary by Futu AI
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, announced on January 31, 2024, that it has signed a contract with Bon Tour, a leading Israeli transportation company, to install its SaverOne Systems on 300 buses. The initial phase will see 50 systems installed in the coming month, with the remaining 250 to follow. The SaverOne System is designed to combat driver distraction by preventing access to distracting applications while driving, thus enhancing road safety. This contract signifies a strategic win for SaverOne, as Bon Tour operates a substantial number of buses in Israel, serving various sectors including government, tourism, and private customers. The company's technology is aimed at reducing road accidents caused by mobile phone usage while driving, which is a significant...Show More
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, announced on January 31, 2024, that it has signed a contract with Bon Tour, a leading Israeli transportation company, to install its SaverOne Systems on 300 buses. The initial phase will see 50 systems installed in the coming month, with the remaining 250 to follow. The SaverOne System is designed to combat driver distraction by preventing access to distracting applications while driving, thus enhancing road safety. This contract signifies a strategic win for SaverOne, as Bon Tour operates a substantial number of buses in Israel, serving various sectors including government, tourism, and private customers. The company's technology is aimed at reducing road accidents caused by mobile phone usage while driving, which is a significant contributor to road accidents globally. SaverOne targets commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies, with a focus on markets in Israel, Europe, the US, and worldwide. The announcement also highlighted the potential for increased demand for SaverOne's systems in light of expected EU regulations on cellular distraction systems in vehicles.

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