Steakholder Foods Signs Commercial Cooperation agreement with Wyler Farm

May 13, 2024

https://www.prnewswire.com/news-releases/steakholder-foods-signs-commercial-cooperation-agreement-with-wyler-farm-302143459.html

Collaboration will Transition the Company from R&D to Commercialization

REHOVOT, Israel, May 13, 2024 /PRNewswire/ — Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, announced a royalties and raw materials supply agreement with Wyler Farm Ltd., a leader in alternative protein production, whereby Wyler Farm will manufacture alternative proteins on a commercial scale using Steakholder Foods’ premixes and know-how, in return for the payment of royalties from sales. The agreement is expected to generate the company’s first commercial revenue, and marks Steakholder Foods’ early transition from R&D to commercialization.

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