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Save Foods: Nitrousink Files US Patent Application for Reducing Emissions of Nitrous Oxide in Wheat

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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.
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The filing of a patent application by Nitrousink Ltd. for a solution that targets nitrous oxide emissions in wheat cultivation represents a significant stride in sustainable agriculture technology. Nitrous oxide, being a potent greenhouse gas, has a substantial global warming potential, which is 265 times that of carbon dioxide. The development of biological methods to mitigate N2O emissions directly addresses the environmental concerns associated with conventional agricultural practices. By isolating bacteria that can reduce N2O emissions, Nitrousink is leveraging the natural processes to create a more sustainable agricultural ecosystem. This approach not only has the potential to reduce the carbon footprint of wheat cultivation but also aligns with broader environmental goals such as the Paris Agreement and the Sustainable Development Goals.

From an environmental perspective, the successful implementation of this technology could lead to a paradigm shift in how agricultural emissions are managed. By focusing on a crop like wheat, which has a significant share in global agriculture, the potential impact is considerable. The implications extend beyond the immediate reduction in greenhouse gases; they include improved soil health and potentially increased crop yields, which are side benefits of promoting beneficial microbial activity in the soil.

Nitrousink’s technological advancement in the realm of sustainable agriculture has implications for the wheat seed market as well as the burgeoning carbon credit market. With the global wheat seed market projected to grow to US$ 7.6 billion by 2032, innovations that contribute to sustainability could influence market dynamics. Producers who adopt such technologies may gain a competitive edge by aligning with consumer and regulatory trends favoring environmentally friendly practices. Furthermore, as the technology pertains to carbon credits, there is an opportunity for Nitrousink and Save Foods to capitalize on the financial incentives provided by carbon markets. This could potentially open up new revenue streams and partnerships, especially as more countries and companies commit to carbon neutrality.

However, the commercial viability of the technology will depend on factors such as cost-effectiveness, ease of integration into existing agricultural practices and the regulatory landscape surrounding carbon credits. The ability of Nitrousink to demonstrate tangible benefits in micro field plots and under a variety of environmental conditions will be crucial in convincing stakeholders of its value proposition.

The introduction of a biotechnological solution to reduce nitrous oxide emissions represents an innovative approach within the field of agricultural biotechnology. The use of naturally occurring bacteria to influence the nitrogen cycle in wheat cultivation could set a new standard for crop management and environmental stewardship. The research and development process, which includes testing under greenhouse conditions and in micro field plots, is critical in optimizing the formula for practical application. The success of this biotechnological intervention could potentially revolutionize the wheat industry by offering a sustainable alternative to chemical fertilizers, which are a known source of N2O emissions.

Moreover, the ability to scale this technology and adapt it to different soil types, dosages and crop varieties will be essential for widespread adoption. As the agricultural sector continues to seek out sustainable practices, Nitrousink's patent application signifies a commitment to innovation that could benefit the industry as a whole. The biotechnological community will closely monitor the progress of this technology, as it could provide a blueprint for future developments aimed at reducing the environmental impact of agriculture.

Neve Yarak, Israel, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W), a pioneer in sustainable solutions for agriculture, announced today that 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. The patent application aims to assist Nitrousink with its mission to target nitrous oxide (N2O), which is a potent greenhouse gas and contributor to ozone depletion.

Nitrousink has identified and isolated two naturally occurring bacteria species that can reduce N2O emissions under various environmental conditions from wheat roots. Nitrousink’s R&D team is currently testing its technology under greenhouse conditions with the aim of finding the optimal formula for reducing N2O emission in wheat crops. Nitrousink intends to continue its testing in micro field plots using different soils, dosages, and formulations for a variety of crops.

According to Our World in Data, N2O, Known as the “forgotten greenhouse gas", is 265 times more powerful at warming the planet than carbon dioxide. Nitrousink’s mission is to create a solution that can mitigate agriculture’s environmental impact through its innovative technology.

Its majority stake in Nitrousink allows Save Foods to penetrate the carbon credit market. According to The International Market Analysis Research and Consulting Group (IMARC Group), the global wheat seed market size reached US$ 5.3 billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.6 billion by 2032, exhibiting a growth rate (CAGR) of 3.84% during 2024-2032.

About Save Foods:

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., 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 N2O (nitrous oxide) emissions, a potent greenhouse gas with 265 times the global warming impact of carbon dioxide. Nitrousink Ltd., aims to promote agricultural practices that are both environmentally friendly and economically viable. Plantify Foods, Inc., Save Foods' minority-owned Canadian subsidiary listed on the TSXV, 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 Nitrousink Ltd. visit our website: https://savefoods.co/

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, including the possibility that the patent application discussed in this press release will not be approved by the US Patent and Trademark Office and, even if approved, that Nitrousink’s solution may not exact the anticipated results in wheat as contemplated in this press release. 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 Save Foods' registration statement on Form S-1 filed with the SEC on October 26, 2023, 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 Efraty

+972-(0)52-3044404

michal@efraty.com


FAQ

What did Save Foods announce regarding its subsidiary, Nitrousink Ltd.?

Save Foods announced that Nitrousink Ltd. has filed a patent application to reduce greenhouse gas emissions in wheat.

What is Nitrousink's goal in targeting nitrous oxide (N2O)?

Nitrousink aims to isolate bacteria species that can reduce N2O emissions under various environmental conditions from wheat roots.

What is the significance of N2O in relation to carbon dioxide?

N2O is 265 times more powerful than carbon dioxide at warming the planet, making it a significant greenhouse gas.

What is the current market size of the global wheat seed market?

The global wheat seed market size reached US$ 5.3 billion in 2023, with an expected growth rate of 3.84% during 2024-2032.

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About SVFD

save foods is an innovative, dynamic company dedicated to delivering integrated solutions to reduce food waste, improved safety, freshness and quality, every step of the way from field to fork. fresh and processed produce are one of the main sources of foodborne illness outbreaks caused by pathogens such as e. coli, salmonella and listeria and are prone to microbial spoilage. to ensure safety and reduce food waste, save foods has developed a range of eco-friendly and “green” solutions and products with high efficiency against both human and plant pathogens. we use hydrogen peroxide together with a proprietary blend of food grade acids thus leaving no residues of toxicological significance on the treated produce. by forming a temporary protective shield around the treated produce, we make it difficult for pathogens to develop and thereby provide long-lasting protection which also reduces cross-contamination. in addition, most conventional fungicides leave residues with health and envir