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0.348999129677981 0.174934725848564 0.160139251523064 0.409921671018277 0.431679721496954 0.658398607484769 0.618798955613577 0.474760661444734
Stock impact report

SaverOne Reports First Half 2024 Results

SaverOne 2014 Ltd. - American Depositary Shares (SVRE) 
Company Research Source: GlobeNewswire
PETAH TIKVAH, Israel, Aug. 27, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a company developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions, today presented its results for the first half ended June 30, 2024 and shared recent business updates. Recent Highlights Significant reduction in first half operating expenses of NIS 2.3 million ($612 thousand), reducing operating loss and cash burn;4,800 systems have been ordered by customers as of August 26, 2024, of which approximately 3,750 have been installed;OEM Agreement Signed with Volvo Group to install SaverOne Systems during the manufacturing process in Volvo Buses in Mexico;  OEM Agreement Signed with IVECO to develop a software-as-a-service solution to prevent driver distraction from cellphone use, with first IVECO vehicles with integrated SaverOne software solution expected to be delivered in early 2025;Announced spinoff to advance deve Show less Read more
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