Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 72

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 5
Chunk 72
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 VRUs ahead
of the vehicle, providing the driver enough time to avoid and prevent collisions. It does this by detecting the exact location, direction
of movement and speed of the VRU analysis of their cellphone signals, under all visibility conditions. Since the development of our VRU
solution targets the vehicle manufacturers (a. k. a. the OEM market) and is still in an early stage, it is too early to estimate the cost
of development.

During
2024, we retained the services of a top-tier global consultancy firm to analyze the market for the VRU (Vulnerable Road Users) detection
solution and assess the potential of this solution, its value proposition and market potential within the automotive industry. The results
of the analysis projected a growing market for the global automotive RF-sensor market for VRU detection, potentially reaching $1.5 billion
annually by 2035. The results also indicated the relative advantage of SaverOne’s solution (detecting VRUs through RF-ADAS-Sensor)
over other ADAS safety solutions, as our solution can detect VRUs in non-line of sight such as pedestrians and cyclists, a problem that
no existing sensor (e. g. camera, radar or LIDAR), can currently solve. Based on these results we have determined that we will establish
a new subsidiary company dedicated to advancing the development, commercialization and broad adoption of our VRU detection solution which
leverages the RF ADAS (Advanced Driver Assistance System) sensor technology. We have started working with OEMs and Tier-1 suppliers to
promote our ADAS solution, which as of the date of this report is in the development stage.

In
the past several years, we believe that public awareness and demand for driver safety technologies has grown substantially. While there
are currently many driver assistant products on the market, we believe that the safety of drivers will be substantially improved with
our technology. Our mission is to enhance driver safety by providing a solution that is highly reliable and able to prevent certain driver
distractions related to mobile phone usage while driving, which we believe is a major cause for driver distraction related automobile
accidents. Mobile phone distracted driving is a leading cause of traffic accidents in the United States. According to a survey done by
the NHTSA, 660,000 drivers in the United States attempt to use their mobile phones while driving at any given moment. The National Safety
Council, or NSC reports that mobile phone use during driving causes approximately