SaverOne Marks Expansion in School Bus Fleet Vertical

SaverOne reported in a news release that it has six new customers, advancing the technology company's footprint in the private bus fleet industry.

"The private bus fleet vertical, especially buses carrying school children, is key for SaverOne, representing significant growth potential internationally and has become an area of strategic focus for the company," according to the release.

The company reported initial orders of 90 new installations of its Driver Distraction Prevention Solution (DDPS), mostly on school buses. The solution is expected to reduce risk of road accidents by selectively disabling a driver's mobile distractions.

Said Ori Gilboa, SaverOne CEO: "After securing our major deal earlier this year for over 1,200 vehicles with leading Israeli public bus company Elektra Afikim, we are continuing to grow and add new customers to our roster in this important vertical. We recently identified the private and school bus transportation verticals as a key strategic focus for SaverOne. We are now seeing solid and increasing traction among bus companies, especially those transporting and responsible for the safety of school children. As these new and growing orders demonstrate, customers and potential customers are increasingly recognizing the value of our solutions, both in Israel and internationally. Preventable accidents continue to claim lives and cause injuries. Our DDPS ensures that drivers remain focused on driving safely and undistracted, mitigating a significant risk."