SaverOne 2014 Plans Collaboration for Development of In-Cabin Dashcam System

MT Newswires Live04-21

SaverOne 2014 (SVRE) said Tuesday that it agreed to collaborate with a provider of driver monitoring systems and interior sensing solutions, with a view to integrate SaverOne's In-Cabin active prevention software into in-cabin dashcam system.

No financial details were disclosed and SaverOne did not name its partner.

The company said the collaboration will undergo a customer pilot, joint development of an integrated solution, and commercialization.

Shares of SaverOne 2014 were up more than 10% in Tuesday trading.

Price: 4.70, Change: +0.43, Percent Change: +10.07

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment