Terranet contributes to safer traffic with VERDAS project completion

Terranet, along with AstaZero, If Insurance, and others, has completed the research project VERDAS, which aimed to develop new verification methods for driver assistance systems. The project focused on accident scenarios involving vulnerable road users and identified the need for new test methods that better reflect real-world accidents. Euro NCAP will introduce new test methods in 2026, which will include scenarios such as pedestrians stepping out from between parked cars. Terranet is participating in the follow-up project VERDAS 2.

SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE) has entered a strategic partnership with a leading European automotive-technology provider to integrate its Vulnerable Road User (VRU) detection solution into the partner's Advanced Driver Assistance Systems (ADAS) platform. This collaboration aims to enhance road safety by incorporating SaverOne's non-line-of-sight VRU detection capability, which utilizes Radio Frequency (RF) technology to improve the identification of pedestrians and cyclists in various visibility conditions [1].

The integrated system is expected to significantly boost detection accuracy and support safer driving decisions. SaverOne's CEO emphasized that this partnership marks a strategic advancement in their VRU detection roadmap, creating a unique sensor fusion approach that enhances situational awareness for vehicles. The new system will be demonstrated to original equipment manufacturers (OEMs) at the partner's European showroom, paving the way for growth in the automotive safety market [1].

This collaboration signifies strategic growth and market positioning for SaverOne in the automotive safety sector. Integration of SaverOne’s VRU detection solution into an ADAS platform enhances detection capabilities for vulnerable road users, promising improved road safety. This partnership potentially opens new pathways for innovation in sensor fusion technology, emphasizing SaverOne's commitment to advancing safety solutions in vehicles [1].

However, the announcement is a preliminary agreement, which may indicate that no finalized deal has been secured yet, leaving uncertainty about the collaboration's success. There are inherent uncertainties and risks mentioned in the forward-looking statements, indicating potential challenges in realizing the projected benefits of the technology. The reliance on future changes in market conditions, competition, and regulatory environments raises concerns about the stability and viability of SaverOne’s business model going forward [1].

References:
[1] https://www.nasdaq.com/articles/saverone-collaborates-leading-european-automotive-provider-enhance-adas-vru-detection