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Steakholder Foods Ltd. - $STKH STOCK NEWS

Welcome to our dedicated page for Steakholder Foods Ltd. news (Ticker: $STKH), a resource for investors and traders seeking the latest updates and insights on Steakholder Foods Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Steakholder Foods Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Steakholder Foods Ltd.'s position in the market.

Rhea-AI Summary
Steakholder Foods Ltd. (Nasdaq: STKH) has expanded its 3D-printing capabilities with the world's first plant-based, 3D-printed shrimps, designed to mimic the texture and flavor of conventional shrimps. The shrimp market is worth more than USD 60 billion, and is projected to continue growing substantially over the coming decade. With 7.6 million tons of shrimp harvested in 2023, Steakholder Foods aims to provide partners and customers with a practical and environmentally-friendly alternative to traditional shrimp farming.
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3%
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Steakholder Foods Ltd. (Nasdaq: STKH) has received a feasibility report from the Mérieux NutriSciences group regarding its plant-based, 3D-printed whitefish and steak. The report concluded that the products' raw materials are permitted for use in plant-based substitutes or Generally Recognized as Safe (GRAS) and are considered safe for use in the United Arab Emirates. The 3D-printing process does not change the structure or composition of the materials used, making the resulting product subject to a conventional approval process. The company plans to engage with UAE regulatory authorities for approval and commercialization while working on revenue-generating commercialization agreements in additional regions in 2024.
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-4.1%
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Steakholder Foods (STKF) revolutionizes seafood production with the launch of the world's first plant-based, 3D-printed eel. The breakthrough highlights the company's capability to accurately replicate the complex texture of eel through precision layering and a unique combination of materials in its proprietary 3D printing technology. The company's eel is expected to include cultivated eel cells in the future, positioning it at the forefront of the industry. Steakholder Foods estimates that its partners and customers will be able to mass-produce 3D-printed eel at a competitive price range, addressing the cost challenges linked to the current global prices of eel. The global eel market, valued at USD 4.3 billion in 2022, faces critical challenges such as overexploitation and the risk of extinction, highlighting the need for sustainable alternatives.
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Steakholder Foods Ltd. (Nasdaq: STKH) is embarking on a comprehensive Life-Cycle Assessment (LCA) process and scenario analysis, subsidized by the Israel Resource Efficiency Center. The LCA is aligned with the Company's strategic objective of advancing its 3D printing technology towards commercialization, aiming to streamline operations, increase productivity, and optimize production processes.
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Steakholder Foods Ltd. (Nasdaq: STKH) is embarking on a comprehensive Life-Cycle Assessment (LCA) process and scenario analysis with the backing of the Israel Resource Efficiency Center. The LCA is aligned with the Company's objective of advancing its 3D printing technology towards commercialization, subsidized as part of a government plan to assist manufacturing plants in cost savings and sustainability efforts. The analysis aims to streamline operations, increase productivity, and optimize production processes, supporting the development of a strategic roadmap to guide management decisions and align with regulatory standards and global sustainable development goals.
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Steakholder Foods Ltd. has successfully reduced the cost of its in-house growth media for bovine cell cultivation by over 75% in the past two years. This cost reduction addresses the industry-wide challenge of scalability and affordability, paving the way for industrial-scale cell production and lowering the total production costs of cultivated beef.
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Steakholder Foods Ltd. (Nasdaq: STKH) has received a letter from the Nasdaq Listing Qualifications stating that the company is not in compliance with the minimum bid price requirement. The company has 180 calendar days to regain compliance by maintaining a minimum bid price of $1.00 per share for ten consecutive business days. If compliance is not regained, the company may be eligible for an additional time period. The ADS will continue to trade on the Nasdaq Capital Market under the symbol 'STKH'.
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Steakholder Foods highlights achievements and assures stakeholders of resilience and commitment in a letter from the CEO
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Steakholder Foods unveils SH Beef Steak Ink, a groundbreaking innovation in sustainable 3D printed meat production. The ink offers remarkable realism, culinary versatility, and flavor enhancement, mimicking the texture and taste of premium beef steak. It is designed for use with Steakholder Foods' fusion printer and aims to become an industry standard. The launch of SH Beef Steak Ink is part of the company's strategy to diversify the world's food portfolio. No concrete business takes affecting stock price are mentioned.
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Steakholder Foods launches AI-powered Nozzle Inspection System for industrial print head monitoring
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Steakholder Foods Ltd.

Nasdaq:STKH

STKH Rankings

STKH Stock Data

11.32M
174.23M
2.63%
0.18%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States of America
Rehovot