Steakholder Foods (STKH) has released an update.
Steakholder Foods Ltd., an innovator in alternative proteins and 3D printing technologies, has made a significant leap from R&D to commercialization in the first half of 2024, securing four strategic deals and slashing expenses by over 50%. The company anticipates a substantial increase in recurring revenue growth in 2025, buoyed by these partnerships and its cutting-edge product offerings. As Steakholder Foods enters the market, the initial revenue from these deals will provide proof of concept for its business model and spur interest from potential market participants.
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