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N2OFF, Inc. - SVFD STOCK NEWS

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

About N2OFF, Inc. (Symbol: SVFD)

N2OFF, Inc., operating under the ticker symbol SVFD, is a pioneering company in the food safety and waste reduction industry, dedicated to providing innovative, eco-friendly solutions that enhance the safety, freshness, and shelf life of fresh and processed produce. The company addresses critical challenges in the global food supply chain, including microbial spoilage and foodborne illness outbreaks caused by pathogens such as E. coli, Salmonella, and Listeria. By focusing on reducing food waste and improving produce quality "from field to fork," N2OFF, Inc. plays a vital role in promoting sustainable and safe food practices.

Core Technology and Solutions

The company’s proprietary technology leverages the synergistic effect of hydrogen peroxide and a unique blend of food-grade acids to create a temporary protective shield around treated produce. This innovative approach not only eliminates harmful pathogens but also significantly reduces cross-contamination risks. Unlike conventional fungicides that may leave harmful chemical residues, N2OFF’s solutions are designed to leave no toxicological residues, ensuring safety for consumers and compliance with stringent regulatory standards.

By forming a protective barrier, N2OFF’s technology provides long-lasting protection against microbial spoilage, extending the shelf life of produce and reducing food waste. This eco-friendly and "green" approach aligns with the growing demand for sustainable solutions in the food industry, making the company a key player in addressing environmental and health concerns.

Market Context

N2OFF, Inc. operates within the broader food safety and preservation industry, a sector driven by increasing consumer awareness of foodborne illnesses, stringent regulatory requirements, and a global emphasis on reducing food waste. Fresh and processed produce are particularly prone to microbial spoilage and contamination, underscoring the importance of innovative solutions like those offered by N2OFF. The company’s offerings cater to a diverse range of stakeholders, including agricultural producers, food processors, distributors, and retailers, ensuring safety and quality at every stage of the supply chain.

Competitive Positioning

In a competitive landscape that includes traditional chemical fungicide manufacturers and emerging eco-friendly solution providers, N2OFF differentiates itself through its unique, residue-free technology. The company’s focus on sustainability and compliance with health and environmental standards positions it as a forward-thinking alternative to conventional methods. By addressing both human and plant pathogens effectively, N2OFF’s solutions offer a comprehensive approach to food safety and waste reduction, setting it apart from competitors.

Business Model

N2OFF, Inc. likely generates revenue through a combination of direct sales, partnerships with distributors, and potential licensing agreements for its proprietary technology. By targeting key players in the food supply chain, the company maximizes its impact and aligns its business operations with the needs of its customers. The scalable nature of its solutions allows for adaptability across various market segments, from small-scale producers to large food processing facilities.

Significance in the Industry

As global concerns about food safety and sustainability continue to rise, N2OFF, Inc. stands out as a critical innovator in the industry. By addressing pressing challenges such as foodborne illnesses and waste, the company contributes to a safer, more sustainable food ecosystem. Its commitment to eco-friendly practices and cutting-edge technology underscores its role as a valuable player in the evolving landscape of food safety and preservation.

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Save Foods, Inc. rebrands to N2OFF Inc. with a new trading symbol NITO, focusing on sustainable environmental solutions. The change reflects the company's commitment to innovation in agri-food tech.
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Save Foods, Inc. partners with Citrus Tree in Brazil to extend shelf life of Tahiti limes using eco-friendly solutions. The collaboration aims to reduce pesticide residues, mitigate pathogens, and minimize waste, benefiting both local and European markets.
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Save Foods, Inc. receives approval from the California Department of Pesticide Regulation for its pre-harvest treatment, FieldProtect, marking a significant milestone in the company's efforts towards food safety and waste reduction.
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Save Foods, Inc. (SVFD) enters the Brazilian market with its eco crop protection solution, targeting fruit packers for EU market growth. Brazil's fruit exports surged by 6% in 2023, generating over $1.2 billion in revenue. Save Foods' exclusive distributor in Brazil is set to kickstart marketing activities, aligning with EU standards for residue limits.
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Save Foods, Inc. (SVFD) subsidiary, Plantify Foods, secures a new retailer in Israel, expanding its local market presence. The company aims to provide consumers with nutritious and delicious food options while focusing on growth in new markets like Europe and the United States.
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Save Foods, Inc. (NASDAQ: SVFD) announces its entry into the Brazilian market through a local distributor, offering eco crop protection solutions for fruit exporters. Brazil saw a 6% rise in fruit exports in 2023, generating over $1.2 billion in revenue. Save Foods aims to assist Brazilian packers in meeting EU market standards by providing sustainable solutions.
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Save Foods, Inc. (NASDAQ: SVFD) files a US patent application through its subsidiary NTwo Off Ltd. to revolutionize wheat production by reducing nitrous oxide emissions. The patented technology aims to mitigate environmental impact in agriculture by identifying bacteria species that can reduce N2O emissions from wheat roots. NTwo Off's R&D team is testing the technology in greenhouse conditions to optimize emission reduction in wheat crops.
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Save Foods, Inc. (SVFD) subsidiary, NTWO OFF Ltd., receives approval to change name and focuses on reducing N2O emissions in wheat crops. The company has isolated bacteria species for this purpose and is conducting tests under various conditions.
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Save Foods, Inc. appoints Galit Kenigsberg as head of sustainability operations, aiming to achieve global Net Zero goals. Ms. Kenigsberg's expertise in green business development and carbon trading will enhance Save Foods' sustainability approach, focusing on reducing greenhouse gas emissions in agriculture.
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Save Foods, Inc. (SVFD) plans to distribute its holdings in Plantify Foods, Inc. in 2024, holding 23.1% of Plantify's common shares. Plantify offers clean-label healthy food options, awaiting regulatory approvals for the distribution.
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FAQ

What is the market cap of N2OFF (SVFD)?

The market cap of N2OFF (SVFD) is approximately 4.2M.

What does N2OFF, Inc. (SVFD) do?

N2OFF, Inc. provides eco-friendly solutions to enhance the safety, freshness, and shelf life of fresh and processed produce, reducing food waste and microbial spoilage.

How does N2OFF’s technology work?

The company uses a proprietary blend of hydrogen peroxide and food-grade acids to create a temporary protective shield, eliminating pathogens and reducing cross-contamination.

Who are N2OFF’s primary customers?

N2OFF serves agricultural producers, food processors, distributors, and retailers seeking to improve food safety, reduce waste, and comply with regulatory standards.

What differentiates N2OFF from competitors?

N2OFF’s residue-free, eco-friendly solutions provide long-lasting protection against pathogens, setting it apart from conventional chemical fungicides and other alternatives.

What industry does N2OFF operate in?

N2OFF operates in the food safety and preservation industry, focusing on sustainable solutions to address microbial spoilage and foodborne illnesses.

Does N2OFF’s technology leave harmful residues?

No, N2OFF’s solutions are designed to leave no toxicological residues, ensuring safety for consumers and compliance with environmental and health standards.

What challenges does N2OFF face in the market?

Challenges include competition from conventional fungicides, regulatory compliance, and market education about the benefits of its innovative solutions.

How does N2OFF contribute to sustainability?

By reducing food waste and offering eco-friendly, residue-free solutions, N2OFF supports sustainable practices in the food supply chain.
N2OFF, Inc.

Nasdaq:SVFD

SVFD Rankings

SVFD Stock Data

4.17M
1.07M
28.11%
2.05%
0.9%
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