ISRAELI – Israeli – based Steakholder Foods Ltd. (Nasdaq: STKH) has attained a favorable feasibility report from Mérieux NutriSciences regarding its revolutionary plant-based 3D-printed whitefish and steak.
The report confirmed the safety of raw materials for plant-based substitutes or Generally Recognized as Safe (GRAS), positioning the company to construct a large-scale production facility in the United Arab Emirates (UAE), renowned for its pioneering efforts in food security.
The report also emphasized that the 3D-printing process employed by Steakholder Foods does not alter the structure or composition of the materials, potentially avoiding the classification as a novel food.
Instead, the products are expected to undergo a conventional approval process, streamlining regulatory pathways.
Arik Kaufman, CEO of Steakholder Foods, expressed confidence in the conventional and expedited regulatory approval for their initial plant-based 3D-printed products.
“We plan to engage with UAE regulatory authorities for approval in conjunction with our planned first-of-its-kind large-scale production facility in the Persian Gulf region, intending to commercialize our first products while expanding regulatory approval and commercialization across the globe,” he stated.
Parallelly, Steakholder Foods is actively working on executing revenue-generating commercialization agreements in additional regions throughout 2024.
As pioneers in three-dimensional meat and fish printing technology and cultivated cell innovation, Steakholder Foods, listed on Nasdaq under “STKH,” aims to revolutionize the food industry by providing a sustainable alternative to traditional meat production methods.
In a separate development, Steakholder has unveiled what it claims to be the world’s first plant-based 3D-printed eel.
Utilizing its proprietary DropJet technology, the company accurately replicates the complex texture of eel through precise layering and a unique combination of plant-based materials.
The innovative printing process allows for a significant reduction in ingredients compared to typical plant-based alternatives, with plans to incorporate cultivated eel cells in the future as economies of scale allow price-competitive cell development.
Meanwhile, Steakholder anticipates partnerships to commercialize its 3D-printed eel, offering proprietary technology for large-scale production and addressing cost challenges associated with global eel prices.
The launch marks a pivotal moment in the seafood industry, showcasing the broader possibilities of Steakholder’s technology.
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