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Stock impact report

Steakholder Foods® Secures $270,000 in Second SIIRD Grant Installment

Steakholder Foods Ltd. - American Depositary Shares (STKH) 
Company Research Source: GlobeNewswire
Total of $490,000 received to date from $1,000,000 grant, based on the continued development of 3D-printed plant-based fish and eel Rehovot, Israel, Nov. 12, 2024 (GLOBE NEWSWIRE) --  Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, today announced that it has received its second-phase payment of USD 270,000 from the Singapore-Israel Industrial R&D Foundation (SIIRD). To date the Company has received a total of USD 490,000 from the USD 1,000,000 grant awarded to Steakholder Foods from SIIRD. The first installment was disbursed in March 2024 following the Company’s successful production of 3D-printed hybrid fish using its proprietary Printer HD144 and Drop Location in Space (DLS)™ printing technologies. This second milestone payment was triggered by the Company’s creation of plant-based 3D-printed fish and eel. The team is moving forward with new premix blends for the second phase of the project Show less Read more
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