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Steakholder Foods Ltd. (Nasdaq: STKH) is a leading international deep-tech food company specializing in cultivated meat and 3D bioprinting technology. Established in 2019, the company is based in Rehovot, Israel, and is committed to revolutionizing the food industry through innovation and sustainability. Steakholder Foods is dedicated to offering manufacturers solutions for producing slaughter-free cellular agriculture meat products that closely resemble traditional meat in taste, texture, and appearance. As a member of the UN Global Compact, the company aligns its actions with the United Nations Sustainable Development Goals to enhance food security, reduce carbon footprint, and conserve resources. With ongoing strategic initiatives like the Life-Cycle Assessment (LCA) process and partnerships with organizations like the Israel Resource Efficiency Center, Steakholder Foods is at the forefront of advancing its 3D printing technology and expanding its product offerings.
Steakholder Foods and the Industrial Technology Research Institute (ITRI) have announced a strategic partnership aimed at revolutionizing Taiwanese cuisine through the use of 3D printing technology for sustainable, plant-based meat alternatives. The collaboration aims to develop and commercialize high-quality, locally-sourced meat substitutes tailored to Taiwanese taste preferences. This partnership will help reduce Taiwan's reliance on traditional meat supply chains and promote food diversity and sustainability. Steakholder Foods will sell commercial-scale 3D printers and premixes to local food companies as part of their strategy to expand across Taiwan. This initiative combines Steakholder Foods' advanced technology with ITRI's research expertise and local market understanding.
Steakholder Foods has achieved a major milestone by successfully 3D bio-printing the world's first ready-to-cook cultivated grouper fish fillet. This innovation, developed in collaboration with Umami Meats, utilized customized bio-inks made from grouper cells. The company aims to commercialize its 3D bioprinting technology to create sustainable seafood products and plans to expand collaborations for producing various fish species. The grouper fish product mimics the texture and flavor of traditionally caught fish, representing a significant advancement in the cultivated meat industry. The seafood market is projected to reach $110 billion, with a growth rate of 3-4% annually, highlighting the potential for sustainable alternatives.
Steakholder Foods Ltd. (Nasdaq: STKH) hosted Israeli Prime Minister Benjamin Netanyahu on April 20, 2023, showcasing innovations in cultivated meat and 3D bio-printing technology. During the visit, Netanyahu tasted 3D-printed cultivated meat and fish, marking his role as the first Prime Minister to experience such products. The event featured a demonstration of Steakholder's industrial-scale 3D printer and a roundtable discussion with industry leaders, government officials, and investors, emphasizing Israel's leadership in foodtech. Prime Minister Netanyahu praised the advancements, calling it a global revolution in food production. CEO Arik Kaufman highlighted the significance of the visit for the future of food technology.
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