Steakholder Foods Unveils 3D Business Model

REHOVOT, Israel — Steakholder Foods Ltd. (Nasdaq: STKH), an international deep-tech food company at the forefront of the cultivated meat industry, today announced that it has focused its business model to target B2B meat manufacturers and cultivated meat producers, by offering manufacturers the ability to produce a cultivated meat product that aims to closely mimic the taste, texture, and appearance of traditional meat. The Company will monetize 3D Printers and Bio-Inks needed to support printer operations.

The Company’s competitive advantage lies in its top-of-the-line expertise in 3D bio-printing technology and its ability to create highly–sophisticated, structured end products that aim to closely mimic real meat in terms of taste, texture, and appearance.  

In accordance with Steakholder Foods’ new business model, the products it plans to offer:

1.  3D bio-printers
The Company’s 3D printers are state-of-the-art technology designed to produce cultivated meat products that mimic the texture, taste, and appearance of conventional meat. The Company is currently developing two different types of printer platforms.

• Printer Ready to Cook RTC
  The RTC printer is the flagship product. It produces a hybrid meat product that combines cultivated ingredients with plant-based ones.
• The company plans to offer industrial and lab-scale printers that use one of two different types of technology in order to produce different products. DropJet For all other meat and fish products, the technology is based on gel-based droplets to create 3D structures. Fusion This technology creates fiber texture by extruding paste through a narrower nozzle.
• 3D Printer for Incubated Products
  The Company’s innovation team is developing a 3D printer for an incubated product, such as tissue-engineered steak, considered the holy grail of the industry. The Company expects this printer to become a value proposition in the future when economies of size support a market that is able to accept fully cultivated products. This printer is designed for a fully grown, cultivated meat product that will require living cells to grow and mature.

2.  Bio-inks
Bio-inks are an integral part of the Company’s 3D printing technology. Steakholder Foods’ bio-inks are made of plant-based ingredients and cultivated cells. These bio-inks were developed to ensure that products are tasty, safe and consistent. The Company intends to offer customized options that will allow clients to customize bio-inks to suit their individual needs and preferences. Bio-inks and 3D printers will both be sold. 

Arik Kaufman is the CEO of Steakholder Foods. “By offering 3D printing production methodologies to B2B clients, Steakholder Foods has the opportunity to become a backbone supplier that enables the production of products that consumers seek and expect. Our 3D bio-printing technology and customized bio-inks reflect our commitment to revolutionizing the food industry.”  

Steakholder Foods

Steakholder Foods Ltd. (formerly MeaTech 3D Ltd.) is a global deep-tech food firm at the forefront in the cultured meat revolution. The company-initiated activities in 2019 and is listed on the Nasdaq Capital Market under the ticker “STKH” (formerly MITC), with headquarters in Rehovot, Israel.

The company is developing a slaughter-free solution for producing cellular agriculture meat products, such as beef and seafood, by offering manufacturers the ability to produce a cultivated meat product that aims to closely mimic the taste, texture, and appearance of traditional meat— as an alternative to industrialized farming and fishing. Steakholder Foods, as a member of the UN Global Compact is committed to supporting issues that are embodied in Sustainable Development Goals. These include improving food security, reducing carbon footprint and conserving land and water resources.

Please visit the following website for more details: https://steakholderfoods.com