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N2OFF, Inc. - NITO STOCK NEWS

Welcome to our dedicated page for N2OFF news (Ticker: NITO), a resource for investors and traders seeking the latest updates and insights on N2OFF stock.

N2OFF, Inc. (formerly known as Save Foods, Inc.) is a pioneering agri-food technology company dedicated to eco-crop protection. Their innovative solutions aim to reduce food waste and enhance food safety, ensuring the longevity and freshness of fruits and vegetables. The company specializes in developing, testing, and marketing products that extend the storability and shelf life of produce such as citrus fruits, sweet potatoes, and stored table potatoes through its subsidiary.

In addition to its core developments, N2OFF, Inc. has embarked on the commercialization of its products, making significant strides in the industry. Their products are designed to provide effective storage control, ensuring that fruits and vegetables remain fresh for longer periods. This advancement not only benefits consumers but also supports sustainable practices in the agriculture sector.

Geographically, N2OFF, Inc. generates most of its revenue from markets in the United States and Mexico. This strategic focus allows the company to tap into significant agricultural hubs and serve a broad customer base. Their efforts contribute to reducing food loss and promoting a more sustainable food supply chain.

Recently, South Africa was highlighted as the second largest exporter of citrus globally, with exports valued at $1.85 billion in 2022. This underscores the importance of effective crop protection solutions like those provided by N2OFF, Inc. in supporting global food supply chains.

For more information or investor inquiries, please contact Investor Relations via Michal Efraty at michal@efraty.com or call +972-(0)52-3044404.

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N2OFF (NASDAQ: NITO) announced a significant advancement in reducing nitrous oxide (N₂O) emissions with its innovative bacterial technology. Originally applied to wheat, this technology has now been successfully expanded to corn cultivation. The U.S. produced 389.7 million metric tons of corn in 2023-2024, representing about one-third of global production. The technology achieved a 40-50% reduction in N₂O emissions in controlled environments. CEO David Palach emphasized the technology's potential to address environmental challenges and promote sustainable agriculture. N₂O is a potent greenhouse gas with a global warming potential 310 times greater than CO₂. Reducing agricultural N₂O emissions is important for meeting global climate goals.

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N2OFF, a leading agri-food tech company, announced that its subsidiary Save Foods received its first purchase order from a Peruvian customer, a major avocado grower, packer, and distributor.

This marks Save Foods' entry into the rapidly growing Peruvian agricultural export market, which expanded from $645 million in 2000 to an estimated $10.5 billion in 2023.

Save Foods’ eco-friendly solutions help control pathogen contamination and extend the shelf life of fresh produce while minimizing hazardous chemicals.

The purchase order follows the successful implementation of Save Foods’ products in January 2024, highlighting the significant potential for their solutions in the Latin American market.

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N2OFF (NASDAQ: NITO), a leader in agri-food tech, has secured a patent approval in South Africa for its innovative sterilization compositions and methods. This patent aims to control pathogen loads on edible plant matter, reinforcing the company's dedication to global food safety and sustainability. South Africa, the world's second-largest citrus exporter, exported $1.85 billion in citrus in 2022, highlighting the significance of this achievement. CEO David Palach emphasizes that this patent is a important step in reducing food waste and ensuring food safety worldwide, expanding N2OFF's global influence.

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NTWO OFF, Inc. (NASDAQ: NITO) achieved a significant milestone by reducing nitrous oxide (N2O) emissions in wheat crops by up to 54%, surpassing a previous study's reduction of 44%. The successful transition from growth chambers to open greenhouse environments showcased a 22% improvement. The company's proprietary bacteria technology proved effective in mitigating N2O emissions, highlighting its commitment to sustainable agriculture amidst climate change challenges.

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N2OFF, Inc. (NASDAQ: NITO) aims to target California's hemp market through its subsidiary Save Foods The company received Pre-Harvest Regulatory Approval in California for its treatment process, allowing it to address the largest US hemp flower market. Save Foods' eco crop protection solution showed significant disease reduction in cannabis plants, important for ensuring product safety and quality.

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NTWO OFF , a subsidiary of N2OFF Inc. (NASDAQ: NITO), has achieved a significant milestone in reducing nitrous oxide (N2O) emissions from wheat crops. By transitioning from growth chambers to open greenhouse environments, the company successfully reduced N2O emissions by up to 54%, surpassing previous study methods. The proprietary technology of using naturally occurring bacteria species isolated from wheat roots has proven effective in mitigating N2O emissions. This breakthrough signifies a leap forward in sustainable agriculture solutions and environmental stewardship.

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N2OFF, Inc. (NASDAQ: NITO) announced that its subsidiary, Save Foods , received its first purchase order from a Peruvian customer, a major avocado grower, packer, and distributor. Save Foods offers eco-friendly solutions for fresh produce to control pathogens, extend shelf life, and reduce chemical usage. The CEO highlighted the success of previous pilots and the potential in the Latin American market.

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N2OFF, Inc. (NITO) announces an inset monetizing strategy to reduce N2O greenhouse gas emissions by collaborating with companies focused on ESG initiatives. The company aims to offer sustainable solutions for agriculture through natural plant root bacterial strains, achieving a 40% reduction in N2O emissions in its pilot program.
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N2OFF, Inc. announces the granting of a patent in South Africa for food safety solutions, amidst the country's significant citrus export industry.
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N2OFF, Inc. (NITO) gains approval for pre-harvest treatment in California, expanding market potential in the $14 billion organic products sector. The approval allows Save Foods to broaden its reach, reduce waste, and enhance food safety, positioning the company favorably in the sustainable agriculture market. Save Foods' FieldProtect treatment has shown significant results in extending the shelf life of strawberries, a key product in California's agricultural industry.
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FAQ

What is the current stock price of N2OFF (NITO)?

The current stock price of N2OFF (NITO) is $0.228 as of November 5, 2024.

What is the market cap of N2OFF (NITO)?

The market cap of N2OFF (NITO) is approximately 2.2M.

What does N2OFF, Inc. specialize in?

N2OFF, Inc. specializes in eco-crop protection to reduce food waste and ensure food safety, focusing on extending the shelf life of fruits and vegetables.

What products does N2OFF, Inc. offer?

The company develops products to treat citrus fruits, sweet potatoes, and stored table potatoes, providing effective storage control of various fruits and vegetables.

Where does N2OFF, Inc. generate most of its revenue?

N2OFF, Inc. generates the majority of its revenue from the United States and Mexico.

Who can I contact for investor relations at N2OFF, Inc.?

For investor inquiries, contact Michal Efraty via email at michal@efraty.com or call +972-(0)52-3044404.

What was N2OFF, Inc. formerly known as?

N2OFF, Inc. was formerly known as Save Foods, Inc.

What recent achievement highlights the importance of N2OFF’s products?

In 2022, South Africa became the second largest exporter of citrus, with exports valued at $1.85 billion, emphasizing the need for effective crop protection solutions.

Has N2OFF, Inc. started commercializing its products?

Yes, N2OFF, Inc. has started the commercialization of its innovative crop protection products.

How do N2OFF’s products benefit consumers?

N2OFF’s products extend the storability and shelf life of fruits and vegetables, ensuring they remain fresh for a longer period and reducing food waste.

What is the contact email for N2OFF, Inc. investor relations?

The contact email for investor relations is michal@efraty.com.

What is the main goal of N2OFF, Inc.?

The main goal of N2OFF, Inc. is to develop eco-friendly solutions that reduce food waste and enhance food safety through effective crop protection.

N2OFF, Inc.

Nasdaq:NITO

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2.19M
9.58M
11.48%
0.82%
0.65%
Agricultural Inputs
Agricultural Chemicals
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