BSF Enterprise Expands Cultivated Meat Market with SeaWith Agreement

BSF Enterprise PLC ( (GB:BSFA) ) has provided an update.

BSF Enterprise PLC’s subsidiary, 3D Bio-Tissues, has signed a commercial supply agreement with SeaWith, a South Korean cultivated-meat company, to provide its City-Mix® product. This agreement, valued at approximately £300K, is a significant milestone for BSF as it expands its reach into the cultivated-protein market. The collaboration aims to reduce production costs and enhance the scalability of SeaWith’s cultivated beef products, aligning with South Korea’s strategic initiatives to become a global hub for food-tech. The partnership is expected to boost BSF’s market position and accelerate the adoption of cultivated meat, benefiting from South Korea’s regulatory flexibility and growing demand for sustainable protein alternatives.

The most recent analyst rating on (GB:BSFA) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on BSF Enterprise PLC stock, see the GB:BSFA Stock Forecast page.

Spark’s Take on GB:BSFA Stock

According to Spark, TipRanks’ AI Analyst, GB:BSFA is a Neutral.

The stock’s overall score is driven by strong technical momentum, despite weak financial performance and valuation concerns. The lack of profitability and negative cash flows are significant risks, but positive price trends provide some optimism.

To see Spark’s full report on GB:BSFA stock, click here.

More about BSF Enterprise PLC

BSF Enterprise PLC develops and commercializes cutting-edge tissue-engineered solutions, including lab-grown leather, cultivated meat, and corneal repair technologies. By leveraging its proprietary scaffold-free platform, BSF aims to deliver sustainable alternatives to traditional materials and meet global demand for environmentally responsible innovations.

Average Trading Volume: 1,326,236

Technical Sentiment Signal: Sell

Current Market Cap: £2.91M

For a thorough assessment of BSFA stock, go to TipRanks’ Stock Analysis page.