Save Foods' Subsidiary Changes its Name to NTWO OFF Ltd.
Neve Yarak, Israel, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W), a pioneer agri-food tech company offering sustainable solutions for agriculture and plant based food, today announced that its subsidiary, formerly known as Nitrousink Ltd., received approval from The Registrar of Companies in Israel, to change its name to NTWO OFF Ltd. ("NTWO OFF ").
- Neve Yarak, Israel, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W), a pioneer agri-food tech company offering sustainable solutions for agriculture and plant based food, today announced that its subsidiary, formerly known as Nitrousink Ltd., received approval from The Registrar of Companies in Israel, to change its name to NTWO OFF Ltd. ("NTWO OFF ").
- NTWO OFF has identified and isolated two naturally occurring bacteria species that can reduce N2O emissions from wheat roots under various environmental conditions.
- The R&D team at NTWO OFF is currently testing its technology under greenhouse conditions with the objective of locating the optimal formula for reducing N2O emission in wheat crops.
- NTWO OFF intends to continue its testing in micro field plots using different soils, dosages, and formulations for a variety of crops, including corn and rice.