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Stock impact report

Steakholder Foods® Reports H1 2024 Financial Results and Provides Business Update

Steakholder Foods Ltd. - American Depositary Shares (STKH) 
Company Research Source: GlobeNewswire
 Company Successfully Transitions from R&D to Commercial Phase with Four Strategic Deals Secured in First Half of 2024, All While Reducing Expenses By More Than 50% Anticipates Generating Substantial Recurring Revenue Growth in 2025 Rehovot, Israel, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, is pleased to provide a business update for the first half of 2024, including a summary of its successful advancements in funding, technological capabilities, commercialization and more. In parallel, the company has reported its H1 2024 financial results. Arik Kaufman, CEO of Steakholder Foods, said: “Our transition from R&D to commercialization this year, marked by four strategic deals secured in the first half of 2024, represents a pivotal moment for our company. These deals are validating our technology in the marketplace, with one set to generate our first Show less Read more
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