NEW TECH FOODS

Steakholder Foods has signed six Letters of Intent (LOIs) with international companies.

These agreements are said to reflect the growing demand for the company’s 3D printing systems and plant-based premixes for alternative proteins.

The six LOIs cover multiple international markets, reflecting Steakholder Foods' expanding presence in the alternative protein sector. Each agreement involves the sale of the company’s 3D printing systems and/or plant-based premix blends, allowing partners to produce scalable plant-based foods.

Arik Kaufman, CEO of Steakholder Foods, said: “The LOIs represent a significant advancement in accelerating commercialisation journey. Securing further commitments from international players not only further validates the appeal of our technology and products, but also supports the growth of our revenue streams."

"With these agreements, we are working to position Steakholder Foods for meaningful revenue growth in the coming years. As we expand globally, we remain dedicated to advancing sustainable, cruelty-free food solutions at scale while creating long-term value for our shareholders. We are committed to delivering commercial value to the industry and are greatly encouraged by the overwhelmingly positive market response we’ve seen recently.”

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