NTWO OFF Achieved Positive Results of Over 22% improvement in Reduction of N2O Emissions in Open Greenhouse Environment
May 09 2024 - 8:18AM
N2OFF, Inc. (NASDAQ: NITO) (FSE:80W) (“N2OFF” or the “Company”), a
pioneering agri-food tech company offering sustainable solutions
for agriculture and plant-based food, announced that its subsidiary
NTWO OFF Ltd., has achieved a groundbreaking milestone in its
mission to mitigate agriculture's environmental impact. A recent
study conducted by NTWO OFF Ltd.’s research team has demonstrated
remarkable success in its goal of reducing nitrous oxide (N2O)
emissions from wheat crops.
The study transitioned from growth chambers to
open greenhouse environments, allowing for larger pots and soil
volumes. This adaptation facilitated the cultivation of more plants
per pot and extended growth periods. The results exceeded
expectations, with N2O emissions reduced by up to 54% compared to
NTWO OFF Ltd.’s previous study result of emissions reduced by up to
44%, representing more than 22% improvement.
"We are thrilled by the outstanding performance
of our innovative bacteria under open greenhouse conditions. The
successful transition from the lab to an open greenhouse
environment is a leap forward in our efforts to develop solutions
for the reduction of N20 emissions in agriculture" said Dr. Dror
Minz, of the ARO Volcani Institute and head of the research
team.
NTWO OFF Ltd.’s proprietary technology revolves
around two naturally occurring bacteria species isolated from wheat
roots. These bacteria have demonstrated the ability to reduce N2O
emissions across various environmental conditions. NTWO OFF Ltd.
rigorously tests different formulations and soil types to optimize
the effectiveness of this technology.
"Our commitment to environmental stewardship
drives every aspect of our development. As the global community
grapples with the challenges of climate change, NTWO OFF Ltd.
remains steadfast in our dedication to providing innovative
solutions for sustainable agriculture,” said David Palach, chief
executive officer of N2OFF Inc.
According to Our World in Data, Nitrous
oxide, often dubbed the "forgotten greenhouse gas", poses a
significant threat to the environment, being 265 times more potent
than carbon dioxide in warming the planet. By pioneering solutions
to mitigate N2O emissions, NTWO OFF Ltd. aims to play a pivotal
role in combating climate change and promoting environmental
sustainability.
Following the promising results achieved in its
greenhouse experiments, NTWO OFF Ltd. is poised to expand its
research efforts. Plans are underway to conduct larger-scale
experiments in significantly larger containers, filled with various
soil types. These endeavors aim to further validate the efficacy of
NTWO OFF Ltd.'s technology across diverse agricultural
settings.
About N2OFF Inc:
N2OFF Inc. (formerly known as Save Foods, Inc.)
is an innovative agri-food 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., N2OFF's 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. NTWO OFF Ltd., N2OFF's majority-owned Israeli subsidiary,
contributes to tackling greenhouse gas emissions, offering a
pioneering solution to mitigate emissions of nitrous oxide (N2O), a
potent greenhouse gas with 265 times the global warming impact of
carbon dioxide. NTWO OFF Ltd. aims to promote agricultural
practices that are both environmentally friendly and economically
viable. N2OFF also has a minority ownership in Plantify Foods,
Inc., a Canadian company listed on the TSXV, that offers a wide
range of clean-label healthy food options that are nutritious,
gluten free, non-allergenic, use whole natural ingredients, and are
easy to prepare. For more information on Save Foods Ltd. and NTWO
OFF Ltd. visit our website: www.n2off.com.
Forward-looking Statements:
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. Because such statements deal with
future events and are based on our current expectations, they are
subject to various risks and uncertainties, Actual results,
performance, or achievements could differ materially from those
described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties, including
market conditions as well as those discussed under the heading
“Risk Factors” in the Company’s Annual Report on Form 10-K filed
with the SEC on February 7, 2024, and in any subsequent filings
with the SEC. Except as otherwise required by law, we undertake no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release. We are not
responsible for the contents of third-party websites.
Investor Relations Contacts:Michal
Efratymichal@efraty.com
N2OFF (NASDAQ:NITO)
Historical Stock Chart
From Nov 2024 to Dec 2024
N2OFF (NASDAQ:NITO)
Historical Stock Chart
From Dec 2023 to Dec 2024