Save Foods (NASDAQ: SVFD), through its majority-owned subsidiary, Nitrousink Ltd., has filed a patent application with the United States Patent and Trademark Office for its solution in reducing greenhouse gas emissions in wheat. According to the announcement, the application supports Nitrousink’s mission to target nitrous oxide (“N2O”), a greenhouse gas that contributes to ozone depletion. The patent covers work that Nitrousink has done in identifying and isolating two naturally occurring bacteria species that, under some environmental conditions, have the ability to reduce N2O emissions from wheat roots. Nitrousink researchers are testing the newfound tech under greenhouse conditions to identify the optimal formula for reducing N2O emissions in wheat crops; the company plans to also test the tech on different crops and using different soils and a variety of dosages and formulations. The company explains that N2O is 265 times more powerful at warming the planet than carbon dioxide, and Nitrousink is committed to reducing agriculture’s environmental impact through its innovative technology. Through Nitrousink, Save Foods, which is a pioneer in sustainable solutions for agriculture, is positioned in the carbon credit market.
To view the full press release, visit https://ibn.fm/CTQ5A
About Save Foods Inc.
Save Foods is an innovative agrifood tech company that through its three operational arms delivers integrated solutions for improved safety, quality and sustainability every step of the way from field to fork. Save Foods Ltd., Save Foods’ majority-owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination, significantly reduce the use of hazardous chemicals and prolong fresh produce’s shelf life. Nitrousink Ltd., Save Foods’ majority-owned Israeli subsidiary, contributes to tackling greenhouse gas emissions, offering a pioneering solution to mitigate nitrous oxide emissions, a potent greenhouse gas with 265 times the global warming impact of carbon dioxide. Nitrousink aims to promote agricultural practices that are both environmentally friendly and economically viable. Plantify Foods, Save Foods’ minority-owned Canadian subsidiary, offers a wide range of clean-label healthy food options that are nutritious, gluten free and nonallergenic; that use whole natural ingredients; and that are easy to prepare. For more information about the company, visit www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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