STOCK TITAN

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.

Rhea-AI Summary

Save Foods has engaged a post-harvest expert in Turkey to connect with local operators in the EU produce market. The EU market is crucial for Save Foods, especially in the citrus sector. Turkey exported $2.7 billion in fruits and vegetables in 2020, with a significant portion going to Germany. The company's eco-friendly treatments for fresh produce comply with strict EU pesticide regulations, enhancing appeal for Turkish packers. Preliminary discussions for trials with local packing houses received positive feedback, aligning with the EU's sustainability goals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
-
Rhea-AI Summary

Save Foods has engaged a local commercial post-harvest expert in Turkey, focusing on the citrus market, to expand its reach within the EU produce market. Turkey exported $2.7 billion in fruits and vegetables in 2020, with 22% going to Germany. Save Foods aims to help local packers comply with strict EU residue regulations through its eco-friendly products. The company plans to initiate trials with local packing houses in the upcoming grow season, aligning with Turkey's increasing agricultural competitiveness and sustainability efforts amidst EU initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
-
Rhea-AI Summary

Save Foods (Nasdaq: SVFD) announces that SiCar Farms Mexico is now using their SavePROTECT product across all facilities. This eco-friendly solution enhances the shelf life of produce like Persian limes, with reports of a five-day increase in shelf life and a 50% reduction in spoilage. SiCar Mexico distributes over 220,000 tons of fruits and vegetables across North America and Europe, primarily focusing on high-demand tropical produce. Save Foods aims to expand its market share through this collaboration, addressing the growing demand for sustainable produce.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.1%
Tags
none
Rhea-AI Summary

Save Foods has received European patent approval for its innovative eco-friendly post-harvest treatments aimed at extending the shelf life of fresh produce. The company plans to validate the patent in key European countries including Spain, France, Germany, and the UK. Its products can reduce conventional fungicide use by over 50% and potentially cut spoilage-related food waste by up to 50%. Save Foods holds a portfolio of seven issued patents, one allowed, and seven pending applications across major markets, addressing the crucial issues of food safety and sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
none
-
Rhea-AI Summary

Save Foods (Nasdaq: SVFD) announced the appointment of Dariela Farcas as the new Director of Public Relations and Investor Relations. This role aims to enhance the company’s communication with stakeholders regarding its growth strategy and market outlook. CEO David Palach emphasized the importance of clear communication for their newly listed Nasdaq company. Farcas, fluent in English, Spanish, and Hebrew, brings valuable experience in strategic planning and brand development. Her appointment is expected to boost market awareness and effectively convey the company's eco-friendly products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
management
-
Rhea-AI Summary

Save Foods (Nasdaq: SVFD) has appointed Dror Eigerman to its Advisory Board. Mr. Eigerman, CEO of Galilee Export, brings extensive experience, managing over 75,000 tons of produce annually. His knowledge in extending shelf life and food safety will benefit Save Foods as it seeks to address the needs of the fresh produce market. CEO David Palach emphasized Eigerman's influence within the industry will aid in promoting Save Foods' eco-friendly solutions globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
management
Rhea-AI Summary

Save Foods (Nasdaq: SVFD) filed an updated presentation with the SEC on August 18, 2021, focusing on its eco-friendly solutions for extending the shelf life and safety of fresh produce. CEO David Palach emphasized the importance of communicating the company's innovations, which address critical challenges in the agrifood tech industry, including food waste and safety. Save Foods collaborates with customers to enhance the quality and freshness of fruits and vegetables while minimizing chemical use. The company claims its products may cut food waste by up to 50%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.23%
Tags
none
-
Rhea-AI Summary

Save Foods Inc. (Nasdaq: SVFD) has appointed Dr. Art Dawson as the Chairman of its newly formed Advisory Board, focusing on enhancing market awareness and sales of its eco-friendly produce treatment products. Dr. Dawson brings extensive experience from various key roles in the post-harvest sector, aiming to propel revenue growth. The company emphasizes its commitment to addressing food waste and safety, underpinned by positive initial customer feedback on its proprietary solutions. This strategic move is expected to advance Save Foods’ commercialization efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
management
-
Rhea-AI Summary

Save Foods has announced the granting of its seventh global patent for eco-friendly produce treatment products, specifically a natural disinfecting composition aimed at extending the shelf life of fresh fruits and vegetables. This patent, issued by the Israeli Patent Office, is a key part of the company’s strategy to protect its innovative technologies that significantly reduce food waste and enhance safety in the supply chain. The treatments can decrease the need for conventional fungicides by up to 50% and reduce spoilage-related losses by the same percentage.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
none
Rhea-AI Summary

Save Foods Inc. (NASDAQ: SVFD) has launched sales following nine successful pilot trials with five commercial partners, targeting the $2.6 billion post-harvest treatment market. The company offers all-natural products made from a proprietary blend of food acids that effectively reduce bacterial and fungal decay, extending the shelf life of fruits and vegetables without harmful residues. This initiative addresses significant global issues of food waste and safety, contributing to better food quality and environmental sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.8%
Tags
none

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%
Agricultural Inputs
Basic Materials
Link
Israel
Hod HaSharon