tiprankstipranks
Steakholder Foods announces inaugural commercial MOU in the private sector
The Fly

Steakholder Foods announces inaugural commercial MOU in the private sector

Steakholder Foods announced its inaugural commercial MOU in the private sector with Wyler Farms, among Israel’s leading alternative protein producer and premier Tofu producer. The terms of the deal involve Wyler Farms acquiring Steakholder Foods’ state-of-the-art 3D Fusion Pro meat printer, along with a subscription to the company’s SH Software and its NutriBlend ink for plant-based meat production. The MOU includes expected production of a unique, plant-based 3D printed meat steak to be printed by Wyler Farms using Steakholder Foods proprietary printers and NutriBlend ink. The collaboration, valued at several million U.S. dollars over the coming years, represents a truly significant development in the plant-based meat industry. With both companies committed to driving this collaboration forward, the installation of the Fusion Pro 3D printer is anticipated to be completed between Q4 of 2024 and Q1 of 2025.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on STKH:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles