Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 71

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 5
Chunk 71
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 companies that are provided to employees, private
vehicles and other forms of transportation.

The
first-generation DDPS product was for the aftermarket vehicle market and was intended for private vehicles, trucks and buses. This Generation
1.0 was launched in late 2019, initially for private cars, and thereafter was made commercially available to trucks and buses. It is
currently marketed in Israel as part of our pre-commercialization/early user campaign. We are working on pilot programs with various
fleet and system integrators in the United States, Europe, Asia and APAC. As of March 19, 2025, about 5,400 systems have been ordered
(which includes about 1,000 systems ordered as part of our ongoing Generation 1.0 and Generation 2.0 pilot program and about 4,400 systems
purchased in commercial orders by our Generation 1.0 and Generation 2.0 customers) and about 4,000 of these systems have been installed.

The
second-generation DDPS product, which was released in the fourth quarter of 2022, replaced Generation 1.0 which we are phasing out in
the first quarter of 2023. This Generation 2.0 is intended for the global automobile market. It includes significant improvements to
our Generation 1.0 solution for maximal performance, compatibility with automobiles and cellular networks, market penetration and profitability.
We are targeting the global aftermarket automobile market starting with the U. S. and Europe.

With
respect to our DDPS OEM solution, we plan to integrate it into the vehicle manufacturing process, to be offered directly to customers
by the vehicle manufacturer as part of the vehicle. We are currently working with one of the leading global OEMs in order to have the
SaverOne technology integrated into vehicles during the manufacturing process. The OEM solution is in the early stage of development,
and we expect to launch it in the second half of 2025. Since the development of our OEM solution is still in an early stage, it is too
early to estimate the cost of development.

We
are also developing a solution for detection of VRUs based on our second-generation technology. SaverOne’s VRU technology significantly
enhances the performance of current ADAS sensors (i. e. camera, lidar and radar) through its superior abilities to deal with non-line
of sight, or NLoS, hazards, adverse weather conditions and low-visibility. SaverOne’s solution is designed to detect