On April 24, 2023, SaverOne, a technology company that specializes in transportation safety solutions, made an exciting announcement. The company has entered into a new agreement with Shaltal Logistic and Transportation Ltd. to expand the use of the SaverOne system across their entire fleet of 150 trucks and group of companies. Shaltal is known for having one of the largest vehicle transport fleets in Israel, and this agreement will improve the safety of vehicle transportation throughout the country.
The SaverOne system was initially installed on 25 vehicles as part of a pilot phase, which proved to be successful in changing driver behavior patterns over time by limiting distractions caused by the use of mobile phones. With this system, drivers will no longer be distracted by their mobile phones while driving long routes, thus improving their safety.
SaverOne’s system provides a solution to the problem of distracted driving caused by cell phone use. It allows companies to prevent workers from using life-endangering apps while driving, with no impact on their work routine and no need for remote monitoring. SaverOne was founded in 2014 with the aim of saving lives after a media story highlighted the impact of distracted driving caused by cell phone use, which dramatically increases the number of deaths.
The agreement between SaverOne and Shaltal will help Shaltal’s drivers avoid accidents, keep their vehicles safe, and save time and money. The installation of the SaverOne system on the remaining 125 trucks of Shaltal’s fleet will be done in two phases. Ori Gilboa, the CEO of SaverOne, expressed excitement about partnering with Shaltal to improve the safety of vehicle transportation in Israel.
SVRE Stock Holds Steady with Slight Dip in Value on April 24, 2023
On April 24, 2023, SVRE stock had a previous close of 1.14 and opened at 1.12. Throughout the day, the stock experienced a day’s range of 0.96 to 1.16 with a volume of 34,080. These numbers suggest that the stock had a relatively stable day with only a slight decrease in value from the previous close.
Saverone 2014 Ltd (SVRE) Stock Soars with 376.19% Median Target Increase: Analysts Predict Positive Outlook
On April 24, 2023, Saverone 2014 Ltd (SVRE) experienced a significant increase in its stock performance. According to data from CNN Money, the one analyst offering a 12-month price forecast for the company had a median target of $5.00, with a high estimate and a low estimate of $5.00. This median estimate represents a staggering 376.19% increase from the last price of $1.05. The positive outlook from analysts suggests that the company is expected to perform well in the future. However, investors should carefully consider their investment strategies and consult with a financial advisor before making any investment decisions.
