SaverOne expands European reach in Spain and Portugal through a new distribution agreement with Sistemas ADAS

SaverOne 2014 Ltd., a technology company that develops and sells advanced transportation safety solutions, announced today the signing of a new distribution agreement in Spain and Portugal with Sistemas ADAS, a leading distributor in transportation safety solutions, advanced driver assistance systems (ADAS) and telematics. This new distribution agreement marks a further step in SaverOne’s global expansion strategy, following its recent market entry into Italy and Mexico, and distribution agreement covering several US states.

Spain and Portugal represent substantial growth opportunities for SaverOne. Sistemas ADAS has a strong market presence, particularly in the bus and truck sectors, having deployed various systems in thousands of vehicles across Spain and Portugal. The agreement aims to leverage Sistemas ADAS' extensive network to introduce SaverOne’s solutions to fleets across Spain and Portugal.

“We are pleased to have closed this key distribution agreement with Sistemas ADAS, a leading regional player, marking another step forward in our ongoing international expansion strategy,” said Ori Gilboa, CEO of SaverOne. “Spain and Portugal represent significant markets for SaverOne, with a robust public transportation sector in need of cutting-edge safety solutions. Sistemas ADAS has proven its capability and reliability in deploying advanced safety systems, and we look forward to working with them to accelerate our growth in these key markets.”

Elías Izquierdo, CEO of Sistemas ADAS, added: “We are proud to partner with SaverOne and bring their innovative driver safety solutions to our clients in Spain and Portugal. The potential to improve road safety across fleets, bus operators and OEMs in these regions is immense, and we are excited to play a role in this important mission.”