Save Foods (NASDAQ: SVFD), a pioneer agrifood tech company offering sustainable solutions for agriculture and plant-based food, and its majority-owned subsidiary NTwo Off Ltd., have filed an application for a U.S. patent. According to the announcement, the patent is aimed at revolutionizing wheat production and is related to NTwo Off’s focus on mitigating the environmental impact of agriculture, specifically the reduction of nitrous oxide (“N2O”) emissions in wheat farming. “The patented technology refers to methodologies of effectively mitigating nitrous oxide emissions during wheat cultivation,” said the company in the press release. “By implementing this innovative approach, NTwo Off hopes to reduce farmers’ environmental footprint while enhancing their sustainability of operations. NTwo Off has identified and isolated two naturally occurring bacteria species that can reduce N2O emissions under various environmental conditions from wheat roots. NTwo Off’s R&D team is currently testing its technology under greenhouse conditions with the aim of finding the optimal formula for reducing N2O emission in wheat crops. NTwo Off intends to continue its testing in micro field plots using different soils, dosages, and formulations for a variety of crops.
To view the full press release, visit https://ibn.fm/vhbNH
About Save Foods Inc.
Save Foods is an innovative agrifood tech company that through its operational arms — two majority-owned subsidiaries, Save Foods Ltd. and NTwo Off Ltd., and minority-owned subsidiary Plantify Foods Inc. — delivers integrated solutions for improved safety, quality and sustainability every step of the way from field to fork. Save Foods Ltd., Save Foods’ majority-owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination, significantly reduce the use of hazardous chemicals and prolong fresh produce’s shelf life. NTwo Off, its other majority-owned Israeli subsidiary, contributes to tackle greenhouse gas emissions, offering a pioneering solution to mitigate nitrous oxide emissions, a potent greenhouse gas with 265 times the global warming impact of carbon dioxide. NTwo Off aims to promote agricultural practices that are both environmentally friendly and economically viable. Plantify Foods, Save Foods’ minority-owned Canadian subsidiary, offers a wide range of clean-label healthy food options that are nutritious, gluten free and nonallergenic; that use whole natural ingredients; and that are easy to prepare. For more information about the company, visit www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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