SaverOne (Nasdaq: SVRE) Enters Letter of Intent for Strategic Collaboration with VisionWave (Nasdaq: VWAV)
Petah Tikvah, Israel – January 05, 2026 – SaverOne 2014 Ltd. (Nasdaq: SVRE), a leader in advanced transportation safety and radio-frequency (RF) technology solutions, has announced a significant step forward in its corporate strategy. The company has entered into a non-binding letter of intent (LOI) with VisionWave Holdings, Inc. (Nasdaq: VWAV) to collaborate on RF technology for defense and security applications.
Details of the LOI
Under the LOI, SaverOne will act as VisionWave's operational partner in various RF-focused defense and military initiatives. This collaboration aims to integrate SaverOne’s advanced RF technologies into the development and commercialization of innovative solutions for the defense sector.
- Initial equity investment: SaverOne to receive $2.75 million in VisionWave stock.
- Equity exchange: VisionWave will obtain 19.99% equity in SaverOne.
- Future stages: Potential additional equity stakes totaling an extra 30.01%, leading to an overall 51% ownership of SaverOne by VisionWave upon meeting specific milestones.
- Total value: Potential total VALUE of equity received by SaverOne may reach $7 million.
VisionWave will also have the right to appoint a director to SaverOne’s board upon the initial investment, with possibilities to appoint additional directors later based on milestone achievements.
Strategic Implications
“This LOI represents a pivotal strategic move for SaverOne,” stated Ori Gilboa, CEO of SaverOne. “It enables us to broaden our RF capabilities and tap into the expansive defense and security market, leveraging VisionWave’s platform.” Gilboa expressed optimism about the partnership, emphasizing their goal to establish SaverOne as a key player in this critical sector.
Doug Davis, Executive Chairman and Interim CEO of VisionWave, noted, “SaverOne’s RF technology is a strong fit for our defense strategy. Our phased approach ensures careful execution and effective technology integration to engage customers early in the defense market.”
Next Steps and Considerations
The transaction is subject to the completion of necessary due diligence, the execution of definitive agreements, and the approval by SaverOne’s shareholders. There is no assurance that the transactions will be finalized under the proposed terms or timeline. Shareholders are advised to refrain from placing undue reliance on this preliminary announcement.
About SaverOne
SaverOne 2014 Ltd. is at the forefront of developing technologies aimed at reducing vehicular accidents. Its systems leverage patented AI to analyze cell phone RF signals, helping to prevent accidents caused by mobile device distractions while driving. The company is also innovating in sensor detection systems for vulnerable road users.
About VisionWave
VisionWave Holdings, Inc. is dedicated to advanced sensing technologies for defense and security applications. The company specializes in RF sensing and imaging technologies to enhance decision-making and situational awareness in complex environments.
Forward-Looking Statements
This announcement includes forward-looking statements that involve risks and uncertainties, notably regarding the completion of the described transactions and the expected strategic outcomes. Investors are encouraged to review the related filings with the Securities and Exchange Commission (SEC) for additional context and risk factors.