Steakholder Foods Ltd. (STKH) has released an update.
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Steakholder Foods Ltd. reported significant growth in 2023, with advancements in 3D-printed meat and fish technology and expansion through strategic partnerships and international agreements. The company announced its first private-sector deal, expected to generate millions, and received a $1M grant from SIIRD, underscoring confidence in its innovative alternative protein solutions. Despite an increase in R&D expenses, the company saw a decrease in net loss per share, reflecting efficient financial management and promising prospects for stakeholders.
For further insights into STKH stock, check out TipRanks’ Stock Analysis page.
