SaverOne Granted New European Patent Strengthening Numbered EP3158718, Is Entitled 'system And Methods To Facilitate Safe Driving'
Portfolio Pulse from Benzinga Newsdesk
SaverOne 2014 Ltd. (NASDAQ:SVRE) has been awarded a new European patent, EP3158718, for its 'System and Methods to Facilitate Safe Driving'. This patent covers the company's innovative technology that uses machine learning and channel fingerprinting to selectively block certain mobile phone functions for drivers, aiming to enhance road safety by reducing distractions.
May 14, 2024 | 12:48 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
SaverOne's new European patent for its safe driving technology could enhance its market position and potentially increase demand for its solutions, signaling positive prospects for the company.
The granting of a new European patent to SaverOne for its innovative safe driving technology not only strengthens its intellectual property portfolio but also highlights the company's commitment to enhancing road safety through technology. This development could attract positive attention from investors and customers alike, potentially leading to increased demand for SaverOne's solutions and a positive impact on its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100