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Saffron Tech Unveils Groundbreaking Pilot For Cost-Effective Saffron Cultivation

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Saffron Tech, a subsidiary of Sativus Tech (OTC Pink:SATT), has launched a groundbreaking pilot facility in Tel Aviv, Israel, aimed at revolutionizing saffron cultivation through cost-effective methods. The facility uses cutting-edge technology and innovative agronomy to enhance sustainability and streamline cultivation processes, enabling four production cycles per year. This advancement is expected to make saffron more accessible globally.

The facility features Controlled Environment Agriculture (CEA) methods and an autonomous cultivation system, optimizing productivity and quality. Saffron Tech plans to leverage insights from this pilot to forge strategic partnerships and scale up production through commercial saffron farms. This initiative aims to meet the growing demand in the beauty, wellness, and nutraceutical sectors.

Positive
  • Launch of a new pilot facility for saffron cultivation.
  • Integration of cutting-edge technology and innovative agronomy.
  • Facility enables four production cycles per year, maximizing output.
  • Implementation of Controlled Environment Agriculture (CEA) methods.
  • Autonomous cultivation system to optimize productivity and quality.
  • Focus on making saffron more accessible and cost-effective.
  • Potential for strategic partnerships and commercial farm development.
  • Expansion into beauty, wellness, and nutraceutical markets.
  • Efficient saffron extraction process for premium saffron extracts.
Negative
  • Initial pilot stage indicates potential but not guaranteed success.
  • High investment costs for cutting-edge technology and systems.
  • Uncertainty about the timeline for commercial farm development.
  • Possible market saturation in existing saffron markets.

Saffron Tech unveils its groundbreaking pilot facility, revolutionizing saffron cultivation with cost-effective methods for commercial production. Integrating cutting-edge technology and innovative agronomy, the facility streamlines cultivation processes, enhancing sustainability, and advancing the company's mission to make saffron more accessible worldwide.

TEL AVIV, ISRAEL / ACCESSWIRE / May 23, 2024 / Sativus Tech (OTC Pink:SATT) subsidiary Saffron Tech, an Agri-Food Tech company specializing in controlled environment agriculture (CEA) technology for top-quality saffron cultivation, proudly announces the launch of its new pilot facility, signaling a significant advancement in saffron cultivation methods. Designed to revolutionize saffron production, this facility represents a pivotal milestone in Saffron Tech's mission to enhance access to this prized spice globally.

The new facility's cutting-edge solutions across agronomy and technology are aimed at enhancing efficiency and reducing costs in saffron cultivation. With a focus on year-round production, Saffron Tech's cultivation protocol enables four cycles per year, maximizing output and meeting market demand consistently.

Incorporating Controlled Environment Agriculture (CEA) methods, the facility features an autonomous cultivation system that streamlines the saffron farming process. Corms are efficiently cycled between different stations, allowing for seamless management and control of the cultivation process. These innovations set the stage for implementation of AI logic, to optimize productivity and quality.

This advancement is particularly beneficial for the expansion of saffron-focused products, notably within the beauty, wellness, and nutraceutical industries, where demand for high-quality saffron continues to surge.

"We're thrilled to unveil our state-of-the-art pilot site, marking a significant step forward in shaping the future of saffron production," said Tal Wilk Glazer, CEO of Saffron Tech. "Our mission is to make saffron more accessible and cost-effective while maintaining the highest quality standards. Looking ahead, we're focused on forging strategic partnerships and scaling up production through commercial saffron farms, leveraging insights gained from our pilot facility."

Saffron Tech has developed an efficient saffron extraction process, enabling the production of premium saffron extracts tailored for the nutraceutical market. This feature broadens the potential uses of saffron, enhancing its appeal in the market and improving its economic feasibility.

Saffron Tech is exploring opportunities for strategic partnerships to establish a commercial saffron farm, marking a step significant step forward after the pilot facility. This move aims to broaden the company's expansion into the consumer marketplace, allowing companies to offer saffron-focused products in beauty, nutraceuticals, wellness, and beyond.

About Sativus Tech Corp:

Sativus Tech Corp (OTC: SATT) is a leading AgriTech company dedicated to transforming the world's food industry by providing foods that are in high demand and offer outstanding nutritional and medicinal benefits. We achieve this by utilizing advanced Controlled Environment Agriculture (CEA) technology, combined with thorough research and targeted market expansion strategies.

Our unique technology provides a sustainable answer to challenges in crop cultivation caused by environmental factors such as limited land, water scarcity, and unpredictable weather conditions.

About Saffron Tech:

Saffron Tech is pioneering saffron cultivation, aiming to be the global leader in supplying premium saffron using innovative Controlled Environment Agriculture (CEA) technology. Our goal extends beyond industry transformation; we're committed to expanding saffron's presence worldwide.

Through cutting-edge techniques, we've revolutionized traditional farming, enabling saffron cultivation three times a year. By achieving year-round production, we've eliminated saffron's seasonal constraints, making it available locally throughout the year.

With our large-scale, reliable production capability, Saffron Tech is poised to meet the demands of industries seeking to harness saffron's medicinal and therapeutic properties.

Stay connected with Sativus Tech for the latest developments by following the company on LinkedIn.

Forward-Looking Statements:

All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "expects," "anticipates," "intends," "estimates," "plans," "potential," "possible," "probable," "believes," "seeks," "may," "will," "should," "could" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These factors include uncertainties as to the Company's international manufacturing and supply chain, market acceptance of the Company's smart luggage, successfully implementing the Company's growth strategy, dependence on key Company personnel, changes in economic conditions, competition and other risks including, but not limited to, those described from in the Company's Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on November 14th, 2022, and other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

Investor Relations:

Tal Wilk Glazer
CEO
(800) 608-6432

SOURCE: SATIVUS TECH CORP.



View the original press release on accesswire.com

FAQ

What is Saffron Tech's new pilot facility?

Saffron Tech's new pilot facility is designed to revolutionize saffron cultivation with cost-effective methods and cutting-edge technology.

When was the pilot facility for saffron cultivation launched?

The pilot facility was launched on May 23, 2024.

What is the stock symbol for Sativus Tech?

The stock symbol for Sativus Tech is SATT.

What technology does Saffron Tech's pilot facility use?

The facility uses Controlled Environment Agriculture (CEA) methods and an autonomous cultivation system.

How many production cycles per year does the new facility enable?

The new facility enables four production cycles per year.

What sectors are expected to benefit from Saffron Tech's advancements?

The beauty, wellness, and nutraceutical sectors are expected to benefit from Saffron Tech's advancements.

What are Saffron Tech's future plans after the pilot facility?

Saffron Tech plans to forge strategic partnerships and scale up production through commercial saffron farms.

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