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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.

N2OFF, Inc. (SVFD) is a forward-thinking company committed to providing integrated solutions designed to reduce food waste while enhancing the safety, freshness, and quality of food from the farm to the table. Recognizing the challenges posed by foodborne illnesses from pathogens like E. coli, salmonella, and listeria, N2OFF has developed a range of eco-friendly products that are highly effective against both human and plant pathogens.

One of the core technologies employed by N2OFF utilizes hydrogen peroxide combined with a proprietary blend of food-grade acids. This innovative approach leaves no toxic residues on treated produce, forming a temporary protective shield that prevents pathogen development and reduces cross-contamination. Ultimately, this extends the shelf life of both fresh and processed produce, ensuring safer food consumption and minimized waste.

N2OFF’s commitment to sustainability and environmental responsibility is evident in their development of 'green' solutions. Their products not only enhance food safety but also align with global efforts to reduce chemical residues in the food supply chain.

Recently, N2OFF has made significant strides in expanding its market reach and establishing partnerships with key stakeholders in the food industry. These collaborations have facilitated the broader adoption of their solutions, reinforcing their role as a pivotal player in the fight against foodborne illnesses and food spoilage.

Financially, N2OFF has shown resilience and growth potential, backed by strategic investments and a robust R&D pipeline focused on innovation. The company continues to attract attention from investors and industry experts alike, poised for further advancements and market penetration.

Stay informed with the latest updates and developments from N2OFF, Inc. as they continue to revolutionize food safety and waste reduction methodologies.

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Save Foods (Nasdaq: SVFD) has partnered with Uçak Kardeşler, a leading Turkish packing house, to implement a large-scale pilot program aimed at ensuring compliance with EU produce regulations. The trial, starting immediately, will focus on reducing pesticide residues and pathogens on citrus fruits, aligning with the EU's Farm To Fork Green Deal Initiative. With Uçak Kardeşler's significant production capacity of 300,000 tons, Save Foods aims to capitalize on the growing demand for eco-friendly produce solutions. The company sees Turkey as a major opportunity given its large fruit and vegetable export market.

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Save Foods (Nasdaq: SVFD) announced the registration of its product, SavePROTECT™️, by the California Department of Pesticide Regulation. This marks a significant milestone as California's agricultural market, valued at $50 billion, is critical for food safety and shelf life solutions. The approval allows Save Foods to launch marketing and sales efforts in California, expanding its eco-friendly offerings in a key market. The company's mission addresses food waste and safety issues through innovative solutions.

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Save Foods (NASDAQ: SVFD) has announced a significant collaboration with Özler Tarim, a leading Turkish packing house. A large-scale pilot program will commence this week, focusing on the efficacy of Save Foods' eco-friendly products aimed at reducing hazardous pesticide residues on citrus fruits, aligning with the EU's Farm To Fork initiative. Özler Tarim, which has a daily capacity of 300 tons, exports to over 35 countries, particularly in Europe. The CEO highlighted the strong demand for solutions that minimize pesticide use and emphasized Turkey's vast opportunities in fruit and vegetable exports, constituting over 42% of its production to EU markets.

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Save Foods (Nasdaq: SVFD) has announced a significant increase in collaboration with the University of California following successful field trials of its pre-harvest products led by Dr. Jim Adaskaveg. The studies showed that treatment can reduce decay-causing pathogens on citrus fruits, significantly improving shelf life. For instance, sour rot was reduced from 67.9% to 1.2% with a 3% concentration treatment. The company's focus on eco-friendly solutions positions it to tap into a major market, as citrus production spans nearly 10 million hectares globally.

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Save Foods (Nasdaq: SVFD) has initiated a commercial pilot program with HERA Meyve ve Sebze, a significant Turkish packing house, aimed at ensuring citrus products meet stringent EU regulations. This trial, commencing between November 8-12, will assess the effectiveness of Save Foods' treatments in reducing pathogens and pesticide residues. CEO Dan Sztybel expressed confidence in the trial’s success, which could enhance the company’s presence in the EU market, particularly given Turkey's substantial export volume to EU countries.

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Save Foods (Nasdaq: SVFD) announced successful trials validating its eco-friendly products in citrus farming. Conducted with a California academic institution, these trials confirmed the effectiveness of Save Foods' pre-harvest applications in controlling decay-causing pathogens on citrus fruits. CEO Dan Sztybel emphasized that this development extends their business model beyond post-harvest treatments, offering growers, packers, retailers, and consumers enhanced access to quality produce. The company aims to minimize food waste while ensuring safety and freshness.

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Save Foods (Nasdaq: SVFD) has appointed Dr. Adi Zuloff-Shani to its Scientific Advisory Board. Dr. Zuloff-Shani brings over 20 years of experience in healthcare technology and research, serving previously at SciSparc Biosciences and Clearmind Medicine. CEO David Palach expressed that Dr. Zuloff-Shani's expertise will assist in identifying new markets for Save Foods' eco-friendly technology, aimed at extending the shelf life of fresh produce. The technology has potential applications in various sectors, including cannabis, addressing serious contamination and economic loss issues.

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Save Foods (Nasdaq: SVFD), an Israeli agrifood tech company, has announced a major commercial treatment program with Galilee Export, Israel's second-largest exporter of fresh produce. The collaboration centers on enhancing the shelf life and safety of avocados, which are Galilee's primary product, accounting for nearly 50% of Israel's avocado exports. Treatment will commence in October and continue through the 2021-2022 growing season. CEO Dan Sztybel expressed confidence in the partnership's potential, emphasizing quality standards and the benefits already observed in previous pilot programs.

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Save Foods (Nasdaq: SVFD) has completed successful pilot tests for lemon treatments in Spain with a leading post-harvest service provider. Spain, accounting for 64% of the EU's lemon production, serves as a strategic market for the company's eco-friendly solutions aimed at extending produce shelf life and ensuring food safety. Preliminary results indicate effectiveness in reducing fungicide use and meeting stringent EU regulations. Future commercial-grade validation tests are planned, supporting Save Foods' strategy in compliance with the EU’s Farm to Fork Strategy.

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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. specialize in?

N2OFF, Inc. specializes in creating integrated solutions that reduce food waste and improve the safety, freshness, and quality of food from farm to table.

How does N2OFF’s technology work?

N2OFF uses hydrogen peroxide combined with a proprietary blend of food-grade acids to create a temporary protective shield around produce, preventing pathogen development and reducing cross-contamination.

What are the main pathogens N2OFF’s products target?

N2OFF’s products target pathogens such as E. coli, salmonella, and listeria, which are common causes of foodborne illnesses.

Are N2OFF’s solutions environmentally friendly?

Yes, N2OFF’s solutions are eco-friendly and 'green,' ensuring that no toxic residues are left on treated produce, thus supporting sustainability.

What recent achievements has N2OFF made?

N2OFF has expanded its market reach and formed key partnerships in the food industry, promoting the adoption of their innovative solutions.

Why is N2OFF important for the food industry?

N2OFF is crucial for ensuring food safety, reducing wastage, and extending the shelf life of produce, which helps in reducing foodborne illnesses and spoilage.

What are the financial prospects of N2OFF?

N2OFF has shown growth and resilience, with strategic investments and a strong R&D pipeline, making it an attractive proposition for investors.

How does N2OFF contribute to reducing food waste?

N2OFF’s products provide long-lasting protection against pathogens, extending the shelf life of produce and thereby reducing food waste.

Who should be interested in N2OFF’s products?

Stakeholders in the food industry, including producers, suppliers, and retailers, would benefit from N2OFF’s innovative and eco-friendly food safety solutions.

Where can one find more information about N2OFF?

For more information about N2OFF, visit their website or contact their Investor Relations at michal@efraty.com.

N2OFF, Inc.

Nasdaq:SVFD

SVFD Rankings

SVFD Stock Data

4.17M
1.07M
28.11%
2.05%
0.9%
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