Monday, August 07, 2023

#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $PYPL) (NasdaqGM: $BITF) (TSXV: $WFLD.V)

 



 

 

#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $PYPL) (NasdaqGM: $BITF) (TSXV: $WFLD.V)

 

PayPal Launches USD Stablecoin, Bitfarms Starts Deployment Plan in Paraguay, and Wellfield Acquires Interest in Bosonic

 

Vancouver, Kelowna, Delta, BC August 7, 2023 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2023/080723-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2023/crypto-corner/08071PYPL-BITF-WLFD.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGS:PYPL) (NasdaqGM:BITF) (TSXV:WLFD)

 

PayPal Holdings, Inc. (NasdaqGS:PYPL) has announced the launch of a U.S. dollar-denominated stablecoin, called PayPal USD (PYUSD). PayPal USD is 100 percent backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents, is redeemable 1:1 for U.S. dollars, and is issued by Paxos Trust Company. Dan Schulman, PayPal’s President and CEO, said:

 

"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar. Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD."

 

Bitfarms Ltd. (NasdaqGM:BITF) has initiated its first phase of development for its recently acquired 150 MW hydropower contracts in Paraguay. The company will be building a new 50 MW farm at Paso Pe, Paraguay – near its Villarrica, Paraguay facility – and it expects the new farm to be fully commissioned at 50 MW in Q1 2024. Geoff Morphy, Bitfarms’ CEO, explained:

 

“Achieving high operating efficiencies while minimizing capex is an overarching goal in our global growth strategy heading into next year’s halving. Based on our experience in the jurisdiction, Paraguay affords both low building costs and fast time to completion. We will construct a 50 MW substation to power a 30 MW air-cooled warehouse and install 20 MW of containers specifically built for MicroBT M53S+ hydro-cooled miners, all of which are being purchased with vendor credits. These credits significantly reduce our overall cash outlay and will leverage cash-on-cash returns.”

 

Wellfield Technologies Inc. (TSXV:WFLD) has announced an acquisition of interest in Bosonic, Inc. through a definitive share exchange agreement with Earth Corporation (EarthCo). Bosonic, according to the press release, “develops unique technology that facilitates the trading, clearance, and settlement of digital assets and digital asset securities, with a focus on eliminating counterparty credit and settlement risk on centralized exchanges.” In a prior press release, Wellfield CEO Levy Cohen commented:

 

"At Wellfield, we're dedicated to pioneering advancements in the blockchain and decentralized finance ecosystem. As a part of this commitment, we are thrilled to announce our proposed strategic investment in Bosonic Inc. This investment embodies our ongoing strategy to, not only meet, but exceed the expectations of our high-net-worth and institutional investors at Wellfield Capital who demand reliable and secure liquidity solutions from both decentralized and traditional exchanges.”

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Podcast sponsor


AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/  Disclosure: podcast sponsor AppTech Payments Corp. (NasdaqCM:APCX) is a paid featured Fintech company on Investorideas.com. Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

 

 Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800-665-0411 

 



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories

 

Friday, August 04, 2023

#Cleantech and #ClimateChange #Podcast- #FuelCell and #Hydrogen #Stock Buzz (NASDAQ: $BLDP) (NASDAQ: $NKLA) (NYSE: $STLA) (NYSE: $TM)



 

 

#Cleantech and #ClimateChange #Podcast- #FuelCell and #Hydrogen #Stock Buzz (NASDAQ: $BLDP) (NASDAQ: $NKLA) (NYSE: $STLA) (NYSE: $TM)

 

Fuel Cell Electric Vehicles (FCEV) - the highways of the future?

 

Vancouver, Kelowna, Delta, BC, August 4,2023  - Investorideas.com, a global news source and leading investor resource issues a fuel cell and hydrogen stock news report for the Cleantech and Climate Change Podcast   

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/080423-Cleantech.mp3

 

Read this in full at https://www.investorideas.com/news/2023/cleantech-podcasts/08041BLDP-NKLA-STLA-TM.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Today we are looking at recent news and developments in Fuel Cell Electric Vehicles (FCEV’s).  Is this the new hype to take investors down a green highway of the future?

 

There are a lot of questions to be asked and answered about FCEV’s, just as there are unresolved issues with electric vehicles; what is the infrastructure plan, what is the long term cost to the environment, what is the human cost (like we recently learned about with EV batteries in the disturbing truth exposed in ‘Cobalt Red: How the Blood of the Congo Powers Our Lives’, by Siddharth Kara (Author)), what is the life of the vehicle??? 

 

There are some good articles out there comparing EV’s (BEV’s) and FCEV’s and what the real environmental impacts are. 

 

Genesis Energy breaks it down saying – “Overall, hydrogen FCEVs are lower in total emissions than BEVs if green hydrogen is used. Fuel cells are 100% recyclable and renewable, whereas the lithium-ion batteries used in BEVs may present recycling challenges at the end of their lifespan.”

 

Continued: Hydrogen is the most abundant element in the universe; it’s a plentiful and renewable source of energy. A hydrogen FCEV typically has a range of over 500km from each tank, with new models in development that will reportedly have ranges up to 800km. This compares favourably with a typical BEV range of around 300km.

It takes just a few minutes to fully refuel a car’s hydrogen tank, compared to several hours to recharge a BEV. The fuel cell stack in a FCEV lasts the lifespan of the car. Lithium-ion batteries have a lifespan of 10 to 20 years and range degrades over time.”

 

Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDPannounced yesterday the signing of a letter of intent with Ford Trucks to supply a fuel cell system as part of the development of a hydrogen fuel cell powered vehicle prototype. Investors reacted and the stock gained over 7% during the trading day.

From the news: The partnership includes an initial purchase order for 2 FCmove™-XD 120 kW fuel cell engines that are planned to be delivered by Ballard to Ford Trucks in 2023.

 

Continued: Ford Trucks, the global brand of Ford Otosan, plans to develop a Fuel Cell Electric Vehicle (FCEV) F-MAX as part of the project. The 120 kW FCmove-XD  fuel cell engines are planned to be integrated into Ford Trucks' F-MAX 44-ton long-haul tractor truck. Ford Trucks plans to build and assemble the fuel cell-powered F-MAX in Turkey and aims to commence European Ten-T corridor demonstrations in 2025 as part of the European Union's Horizon Europe ZEFES (Zero Emission Freight EcoSystem) project goals. As per the LOI, upon the successful completion of the development program and subject to certain other conditions, Ballard may be named as the preferred supplier for the serial production of the fuel cell-powered F-MAX.

 

Continued: In the ZEFES project, four truck OEMs, two trailer OEMs, suppliers, logistic operators, and research partners will work together towards the overall goal of accelerating the integration of ZEVs for long distance heavy transport. This work plans to focus on efficiency improvements, mass production capabilities, and demonstrating the use of the technologies in daily operations. In 2025, nine different vehicle concepts (four FCEV and five BEV) are expected to run over 1 million kilometers across EU corridors in real daily operations, guided and validated by a digital platform (to be developed within the project). This project is expected to be a significant step forward for ZEV adoption in the freight transport ecosystem. Vehicles are expected to carry over 40 tonnes for distances up to 750 km, averaging 500 km in daily operation.

 

Earlier this week, Nikola Corporation (Nasdaq: NKLA), a leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced that Nikola and its dealer network, with most of the agreements between fleets and dealers directly, have surpassed 200 sales orders for the Class 8 Nikola hydrogen fuel cell electric vehicles. The 202 sales orders for the purpose-built heavy-duty trucks represent 18 end customers.

 

Nikola hydrogen fuel cell electric trucks recently started series production in the Nikola Coolidge, Ariz. manufacturing facility. Deliveries are expected to begin later this year,

following the satisfactory completion of a demonstration program.

 

Last week Stellantis N.V. (NYSE: STLA) confirmed it has completed its 33.3% purchase in Symbio, a leader in zero-emission hydrogen mobility. FORVIA and Michelin are equal shareholders.

 

The announcement is a significant step in the decarbonization of the mobility industry and illustrates Symbio’s technological excellence in hydrogen fuel cell innovations. The addition of Stellantis as a shareholder will boost Symbio’s development across Europe and in the US.

 

From the news: Acquiring an equal stake in Symbio bolsters Stellantis’ leadership position in hydrogen-powered vehicles by supporting the fuel cell van production in France, and it also serves as a perfect complement to the Company’s growing battery electric vehicle portfolio.

 

Earlier in July it was reported, “Edmonton International Airport (YEG) says 100 Toyota  (NYSE: TM) Mirai hydrogen fuel cell electric vehicles (FCEVs) will soon be on Alberta’s roadways thanks to an innovative partnership with Toyota Canada. This initiative will reduce carbon emissions and contribute to YEG’s goal of being net-zero by 2040. As a key development in Alberta’s clean fuels journey, this will be the first fleet of hydrogen-powered zero-emission vehicles in Alberta.”

 

Bottom line; innovation abounds and there are opportunities for investors but this is still an emerging industry and we don’t always get told the real story when Governments and big corporations are pushing an agenda. So become an educated consumer and investor as you follow these highways of the future; you owe it to the generations to come. 

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.


If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we have a free directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

The Investorideas.com podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

 

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800 665 0411

  



RenewableEnergyStocks.com: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks

 

 

New #InvestingIdeas (TSX: $QIPT.TO) (NYSE: $EVH) (NASDAQ: $DH) (NASDAQ: $NXGN) (Nasdaq: $BOF) (NYSE: $CAVA)

New #InvestingIdeas (TSX: $QIPT.TO) (NYSE: $EVH) (NASDAQ: $DH) (NASDAQ: $NXGN) (Nasdaq: $BOF) (NYSE: $CAVA)

 

New #LifeSciences and #Food&Beverage #InvestorIdeas

 



 

 

Vancouver, Kelowna, Delta, BC – August 4, 2023 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Life Sciences and Food & Beverage. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2023/main/08041Stocks.asp

 

The newest life sciences companies are involved in non-medicinal healthcare technologies.

 

The latest food and beverage companies are involved in plant-based foods and Mediterranean restaurants, respectively.

 

New Stocks Added to the Biotech Directories:

Quipt Home Medical Corp. (TSX:QIPT) provides in-home monitoring and disease management services including end-to-end respiratory solutions for patients in the United States healthcare market. It seeks to continue to expand its offerings to include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. The primary business objective of the Company is to create shareholder value by offering a broader range of services to patients in need of in-home monitoring and chronic disease management. The Company’s organic growth strategy is to increase annual revenue per patient by offering multiple services to the same patient, consolidating the patient’s services, and making life easier for the patient.

 

Evolent Health (NYSE: EVH) specializes in better health outcomes for people with complex conditions through proven solutions that make health care simpler and more affordable. Evolent serves a national base of leading payers and providers and is consistently recognized as a top place to work in health care nationally.

 

Definitive Healthcare (NASDAQ: DH) At Definitive Healthcare, our passion is to transform data, analytics, and expertise into healthcare commercial intelligence. We help clients uncover the right markets, opportunities, and people, so they can shape tomorrow’s healthcare industry. Our SaaS platform creates new paths to commercial success in the healthcare market, so companies can identify where to go next.

 

NextGen Healthcare, Inc. (NASDAQ: NXGN) is a leading provider of innovative healthcare technology solutions. We are reimagining ambulatory healthcare with award-winning solutions that enable high-performing practices to create healthier communities. We partner with medical, behavioral, and oral health providers in their journey toward whole-person health and value-based care. Our highly integrated, intelligent, and interoperable solutions go beyond EHR and Practice Management to increase clinical quality and productivity, enrich the patient experience and drive superior financial performance. We are on a quest to achieve better healthcare outcomes for all.

 

New Stocks Added to the Food and Beverage Directories:

BranchOut Food Inc. (Nasdaq:BOF) is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by their licensed dehydration technology. The Company is a leading provider of high-quality dehydrated fruit and vegetable-based products and its commitment to quality and innovation sets it apart as a trusted brand and private label supplier.

 

CAVA GROUP, INC. (NYSE:CAVA) is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. Rooted in our rich Mediterranean heritage, we bring a timeless approach to modern wellness through our authentic cuisine and vibrant brand experience. Guided by our mission, we believe food is a unifier for a more diverse and inclusive world for our guests, team members, and our grower and rancher partners, where all are welcome at our table. We believe that consumers should not have to choose between taste and health – our innovative cuisine appeals to a wide variety of preferences, satisfying the modern consumer’s desires for flavorful, craveable, and nutritious food without compromise.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

 

Learn more about advertising and guest posts

https://www.investorideas.com/Advertise/

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800 665 0411 


#DriverDistraction Prevention #Technology- #Stocks to watch (NASDAQ: $SVRE) (NASDAQ: $AAPL) (NASDAQ: $GOOG) (ASX: $ACE.AX) @SaverOne_ @Apple @Google @acusensus

#DriverDistraction Prevention #Technology- #Stocks to watch (NASDAQ: $SVRE) (NASDAQ: $AAPL) (NASDAQ: $GOOG) (ASX: $ACE.AX) @SaverOne_ @Apple @Google @acusensus

 

Vancouver, Kelowna, Delta, BC – August 4, 2023 - Investorideas.com, a leading investor news resource covering tech and security stocks issues a report on the evolving road safety market as technology emerges to save lives, featuring SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions.

 

Read this article, featuring SVRE in full at https://www.investorideas.com/news/2023/technology/08041Driver-Distraction-Prevention.asp

 

According to AlliedMarketResearch, the global road safety market was valued at $4.7 billion in 2021 and is projected to reach $14.8 billion by 2031, growing at a CAGR of 12.5% from 2022 to 2031.

 

Existing and emerging technologies have great potential to reduce distracted driving, which contributes to thousands of deaths each year in the United States, according to a new National Distracted Driving Coalition (NDDC) report.

 

“Many people think of technology, especially smartphones and complicated infotainment screens as a major cause of distracted driving,” says Dr. Pnina Gershon, a researcher at Massachusetts Institute of Technology and co-author of the new report. “While that’s true, other technologies can potentially help keep people focused on driving or help them avoid a crash if they are distracted.”

 

SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions recently announced that July 2023 was a record month for new installations of its Driver Distraction Prevention Solution (DDPS). During July, the Company installed its innovative safety solution on 299 new vehicles and ended the month with an install-base of approximately 2,700 in the Israeli market, reflecting growing and broad adoption of SaverOne's DDPS system.

 

Ori Gilboa, CEO of SaverOne commented, "This record level of installations in the past month, demonstrates that SaverOne continues to progress in the right direction. Furthermore, based on our open orders, we expect to continue growing our install-base for the foreseeable future. Another positive sign is that while our installations are currently predominantly in Israel, a growing portion of our customers are local subsidiaries of global companies, and we intend to leverage them to access their global headquarters and fleet, as part of our expansion into international markets."

 

Mr. Gilboa continued, "I am thrilled that SaverOne is now firmly in the early revenue growth phase in its corporate lifecycle. We look forward to continuing to broaden our customer base and accelerate the growth of our install-base in the months and years ahead."

 

SaverOne's system is installed in vehicles to provide a solution to the problem of driver distraction, as a result of drivers using distracting applications on the mobile phone while driving, in a way that endangers their safety and the safety of their passengers. This phenomenon is considered one of the main causes of road accidents in the world. According to the US National Highway Traffic Safety Administration, the annual cost of road accidents just in the United States, stands at about $870 billion each year, excluding the costs of serious injury or death, with a quarter of those accidents estimated to be related to the use of the mobile phones while driving. SaverOne's technology specifically recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications such as messaging, while allowing others (e.g. navigation), without user intervention or consent, creating a safer driving environment.

 

SaverOne's primary target markets include commercial and private vehicle fleets that are interested in reducing potential damages and significant cost, vehicle manufacturers that are interested in integrating safety solutions to their vehicles, and insurance and leasing companies. SaverOne initially addresses car fleets with focus on the Israeli, European and US markets, as well as other markets around the world. SaverOne believes that ultimately increased focus on monitoring and prevention of cellular distraction systems in vehicles, in particular driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.

 

The Company's strategy is to provide its technology for installation to customers in the aftermarket as well as address OEM vehicle manufacturers, to install the Company's protection technologies during the vehicle manufacturing process.

Based on it’s core Technology SaverOne is also developing an ADAS Sensor system for early location and direction detection under all visibility conditions of vulnerable road users (VRU) through their cellphone footprint.

 

According to a July report from auto safety group IIHS.org, “Even without our prodding, tech companies have made big strides. Apple ( NASDAQ: AAPL) and Google ( NASDAQ: GOOG) deserve credit for making apps that block calls and notifications while the user is driving part of their operating systems — though the Android system does not prompt the user about turning it on during the initial setup procedure. Other firms and app developers are working on improving driver monitoring, incentivizing safe driving and other promising ideas.”

 

“Recent updates to the ‘do not disturb’ feature may make it more palatable to users. The latest versions allow ‘breakthrough’ alerts for urgent messages or designated contacts and let users select music, get directions and perform basic web searches using voice commands. For people with newer vehicles, Apple CarPlay and Android Auto are designed to integrate the phone with the in-vehicle infotainment system — but also to restrict overly complex interactions with the device. Google Assistant’s driving mode provides a similar interface for drivers of older vehicles using a dashboard mount for their Android phone.”

 

Australian listed Acusensus (ACE.AX) has designed, developed, patented and commercialized technology focusing on the detection of distracted drivers who are illegally using mobile phones while driving, and has expanded that technology offering to further address speed (point and average), seatbelt enforcement and registration/number plate review.

 

In February, Acusensus announced opening its US headquarters in Las Vegas, Nevada. Regarding this decision, founder and Managing Director of Acusensus, Alexander Jannink said that Las Vegas provides a well-connected hub to be near customers to ensure accessibility to road authorities, whom focus on road safety through implementing technological solutions.

 

“North America has a need and appetite for our road safety technologies. The Federal Highway Administration in the US was granted $5 billion, with an additional $15.6 billion allocated to the States’ Highway Safety Improvement Program,” says Jannink. “We have spent time on the ground in the US to design our solutions to satisfy the unique needs of the market in the USA, emphasising policing over automation. This base further ensures we will make our equipment for America, in America.”

 

According to the National Highway Traffic Safety Administration’s (NHTSA) latest distracted driving report, in 2020, 3,142 people were killed and 324,652 people were injured in distraction-affected motor vehicle crashes. 

 

So, for future driver safety, the race is on for companies to create technology to balance and manage the human error element in using existing technology. The question is, where will this end?  

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, and guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Disclaimer/Disclosure: Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring SVRE is a paid for news release on Investorideas.com - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800-665-0411

 

 

Get more Automotive Stocks Investor Ideas – news, articles and stock directories 

 

 

Get more Tech Stocks Investor Ideas- news, articles, podcasts and stock directories