SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced a partnership with a top-tier global consultancy firm to develop a strategic plan for its Vulnerable Road User (VRU) solution. The announcement was made on March 21, 2024, and the collaboration aims to evaluate the VRU solution's potential and market value within the automotive industry. The strategic plan will include a comprehensive business model, competitive analysis, and development strategies, which may involve a spin-off. SaverOne's VRU technology is designed to enhance Advanced Driver Assistance System (ADAS) sensors by detecting pedestrians and cyclists in non-line of sight conditions and various weather scenarios. CEO Ori Gilboa expressed the company's commitment to advancing the VRU solution and...Show More

SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced a partnership with a top-tier global consultancy firm to develop a strategic plan for its Vulnerable Road User (VRU) solution. The announcement was made on March 21, 2024, and the collaboration aims to evaluate the VRU solution's potential and market value within the automotive industry. The strategic plan will include a comprehensive business model, competitive analysis, and development strategies, which may involve a spin-off. SaverOne's VRU technology is designed to enhance Advanced Driver Assistance System (ADAS) sensors by detecting pedestrians and cyclists in non-line of sight conditions and various weather scenarios. CEO Ori Gilboa expressed the company's commitment to advancing the VRU solution and seeking strategic partners and investors. SaverOne's core products focus on preventing vehicle accidents caused by mobile phone distractions while driving, and the company is also developing a sensor system for early detection of VRUs. The press release includes forward-looking statements and acknowledges the inherent risks and uncertainties in such projections.