N2OFF, Inc. - SVFD STOCK NEWS

Save Foods, a pioneer in sustainable agriculture solutions, announced that its majority-owned subsidiary, Nitrousink Ltd., has filed a patent application to reduce greenhouse gas emissions in wheat. Nitrousink aims to target nitrous oxide (N2O), a potent greenhouse gas, by isolating bacteria species that can reduce N2O emissions under various environmental conditions from wheat roots. The company is testing its technology under greenhouse conditions and intends to continue testing in micro field plots using different soils, dosages, and formulations for a variety of crops. N2O is 265 times more powerful than carbon dioxide at warming the planet, making Nitrousink's mission to create a solution to mitigate agriculture’s environmental impact significant. Save Foods' majority stake in Nitrousink allows it to penetrate the carbon credit market. According to IMARC Group, the global wheat seed market size reached US$ 5.3 billion in 2023, with an expected growth rate of 3.84% during 2024-2032.

Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) announced that its majority-owned subsidiary, Nitrousink Ltd., has commenced a controlled trial to examine its solution for the reduction of greenhouse gas emissions, specifically focusing on nitrous oxide (N2O). The trial is being led by Dr. Dror Minz, a leading expert in Environmental Microbiology, and aims to optimize the effectiveness of Nitrousink's solution in reducing N2O emissions during wheat growth.

Save Foods, Inc. (NASDAQ: SVFD) has entered the carbon credit and greenhouse gas emissions markets through its acquisition of a majority stake in Nitrousink Ltd. The US Congress allocated $20 billion to support climate-smart agriculture, with the Carbon Credit Market valued at $87.9 billion in 2022 and projected to grow at a CAGR of 14.2% from 2023 to 2032.

Save Foods, Inc. (NASDAQ: SVFD) has announced that its solution was chosen by Sun Pacific for use on Cuties® clementines for the third consecutive season. Sun Pacific, a leading US-based grower, packer, and marketer, has been a cornerstone brand in the industry for decades. Save Foods' green treatments protect fresh fruit and vegetables from spoilage and foodborne pathogens, reducing rotten fruit at the retail level by 50% on average.

Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) announces that Sun Pacific will apply their solutions on Cuties® for a third consecutive season, marking a significant milestone in their sustainable operations. Save Foods' solutions have been adopted by leading growers and packers, including SiCarFarms, resulting in increased shelf life and reduced waste for retailers.

Save Foods, Inc. increases its interest in Plantify Foods, Inc. to 23.13% of its issued and outstanding share capital, becoming Plantify's largest shareholder.

Save Foods forms majority-owned Israeli subsidiary Nitrousink to combat climate change and foster sustainable agriculture. Save Foods to fund Nitrousink's R&D and commercialization efforts up to $1.2 million over three years. Nitrousink focuses on reducing nitrous oxide (N2O) emissions, a potent greenhouse gas. Recently, groundbreaking results were achieved in identifying bacteria species capable of reducing N2O emissions by 44% and 39%. This discovery offers a potential way to cut N2O emissions in agricultural soil management. Save Foods aims to promote environmentally friendly and economically viable agricultural practices.

Save Foods, Inc. (NASDAQ: SVFD) announced a partnership with Plantify Foods, Inc. to enhance food sustainability and reduce waste. In exchange for 1,164,374 shares of Save Foods, the company received 30,004,349 shares of Plantify, representing 19.99% of its capital. An 18-month convertible debenture of C$1,500,000 was also issued to Plantify at 8% annual interest. The partnership aims to leverage Plantify’s established retail connections, including KAYCO, to market fresh cuts and berries with Save Foods' treatments that can reduce food waste by over 50%. This collaboration is expected to boost sales opportunities, optimize marketing strategies, and promote eco-friendly practices in the food supply chain. Both companies anticipate operational productivity and market penetration benefits from their joint efforts.