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

SEC announcement ·  Feb 13 21:34
Summary by Futu AI
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, announced on February 13, 2024, that it has been granted a new patent by the United States Patent and Trademark Office (USPTO). The patent, numbered US 11,890,015 B2 and titled 'System and Methods to Facilitate Safe Driving,' was awarded on January 30, 2024, and is part of SaverOne's intellectual property portfolio aimed at reducing road accidents caused by distracted driving. The patent covers SaverOne's system that uses advanced algorithms and a selective blocking mechanism to prevent drivers from accessing distracting phone functionalities while driving. With this addition, SaverOne now holds 10 granted patents out of a total of 23, with 13 additional applications in process across key global markets. CEO Ori Gilboa highlighted the patent as evidence...Show More
SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, announced on February 13, 2024, that it has been granted a new patent by the United States Patent and Trademark Office (USPTO). The patent, numbered US 11,890,015 B2 and titled 'System and Methods to Facilitate Safe Driving,' was awarded on January 30, 2024, and is part of SaverOne's intellectual property portfolio aimed at reducing road accidents caused by distracted driving. The patent covers SaverOne's system that uses advanced algorithms and a selective blocking mechanism to prevent drivers from accessing distracting phone functionalities while driving. With this addition, SaverOne now holds 10 granted patents out of a total of 23, with 13 additional applications in process across key global markets. CEO Ori Gilboa highlighted the patent as evidence of the company's innovative technology and its commitment to global transportation safety. SaverOne's system is designed to mitigate driver distraction from mobile phone use, a significant cause of road accidents. The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance and leasing companies, with a focus on markets in Israel, Europe, the US, and globally. The announcement also mentions the potential impact of expected EU regulations on the demand for such safety systems.

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