Core Insights - Steakholder Foods Ltd. has received a positive Written Opinion from the International Searching Authority regarding its international patent application for its HD144 printer technology, which focuses on plant-based fish production [1][2][5] - The ISA confirmed that all 21 claims in the patent application meet the criteria of novelty, inventive step, and industrial applicability, highlighting the innovative nature of the company's technology [2] - The patented printing system features a multi-component architecture for bio-ink management, gas pressure control, and a central processing module, which are essential for producing high-fidelity plant-based seafood [3] Technology and Innovation - The DLS® (Drop Location in Space) technology enables precise deposition of plant-based materials, allowing for realistic structuring and marbling that mimics conventional fish [4] - The HD144 printer is designed to enhance the production of plant-based seafood, supporting the company's goals for global commercialization and strategic partnerships [5] Company Overview - Founded in 2019, Steakholder Foods specializes in 3D-printing technology for alternative protein production, aiming to provide sustainable food options that meet consumer expectations for taste and texture [6] - The company is also exploring the integration of cultivated cells to advance food technology further [7]

Rehovot, Israel, July 28, 2025 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a global leader in 3D-printing technology for structured alt-protein production, announced today that it has received a positive Written Opinion from the International Searching Authority (ISA) regarding its international patent application PCT/US 24/34252. The application covers the printing system of the company's HD144 printer for plant-based fish, which is based on its proprietary DLS® (Drop Location in Space) drop ...

Core Insights - Steakholder Foods Ltd. is a leader in 3D-printed meat and fish technology, showcasing significant advancements in technology and market presence [1] - The company initiated revenue generation in 2024 through a commercial sales agreement with Bondor Foods Ltd., marking a crucial step in its commercialization strategy [2] - The company has received multiple purchase orders for its proprietary premix blends, indicating its versatility in the alternative protein sector [3] Business Highlights - In 2024, Steakholder Foods generated initial revenues of $10 thousand, with a gross loss of $22 thousand [7] - The company decreased its research and development expenses to $3.5 million in 2024 from approximately $7.1 million in 2023, primarily due to reduced payroll and share-based compensation [7] - Marketing expenses also decreased to $1.4 million in 2024 from approximately $2.7 million in 2023, reflecting cost-cutting measures [8] Financial Performance - The loss from continuing operations decreased to $8.5 million in 2024 from approximately $15.5 million in 2023, driven by reduced research and development expenses [10] - Net cash used in operating activities decreased to $8.5 million in 2024 from approximately $12.7 million in 2023 [11] - Cash and equivalents at year-end 2024 was $1.3 million, down from $4.2 million at year-end 2023 [12] Strategic Developments - The company opened its first full-scale Demonstration Center to showcase its 3D printing technologies, allowing potential clients to experience the production process [5] - Partnerships with organizations like the Industrial Technology Research Institute (ITRI) and Sherry Herring Sandwiches Ltd. are driving expansion and product development tailored to local markets [4] Fundraising Activities - In February 2025, the company entered into a securities purchase agreement, raising $1.25 million through the sale of 1,097,358 ADSs at $1.1391 per ADS [6] - An At-the-Money Offering Agreement was established, allowing the company to access up to $8 million in equity over the duration of the agreement [6]