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An announcement from Wide Open Agriculture Ltd. ( (AU:WOA) ) is now available.
Wide Open Agriculture Ltd. has announced a breakthrough in plant-based milk alternatives with its new lupin protein milk formulation, for which a patent application has been lodged. This development positions WOA at the forefront of the global milk analogue category by overcoming technological barriers associated with lupin-based milk. The company plans to commercialize the product through partnerships with global distributors, including Univar Solutions China, targeting the growing beverage market. The new formulation offers superior functionality, including a creamy texture and exceptional foaming capacity, making it ideal for barista-style drinks. This innovation aligns with WOA’s strategy to expand its IP portfolio and supports the transition to more sustainable food systems.
More about Wide Open Agriculture Ltd.
Wide Open Agriculture Ltd. operates in the food industry, focusing on high-performance, clean-label ingredients that benefit both people and the planet. The company specializes in developing innovative food products, particularly using lupin protein, and is committed to sustainable and environmentally responsible food systems.
YTD Price Performance: 66.67%
Average Trading Volume: 1,474,952
Technical Sentiment Signal: Sell
Current Market Cap: A$13.09M
For an in-depth examination of WOA stock, go to TipRanks’ Overview page.