MeaTech 3D Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter. The company develops a three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat. It intends to license its production technology; provide associated products, such as cell lines, printheads, bioreactors, and incubators; and offer services, such as technology implementation, training, and engineering support directly and through contractors to food processing and food retail companies. The company is headquartered in Rehovot, Israel.
IPO Year: 2021
Exchange: NASDAQ
Website: https://www.meatech3d.com
REHOVOT, Israel, March 15, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) announced that it will release its financial results for 2021 on Thursday, March 24, 2022. The company will host a conference call on the same day, starting at 8:30 am (EDT). Management will host the call and be available to answer questions after providing a business update and presenting the results. To participate, please call one of the following telephone numbers a few minutes before the start of the call: US: 1-888-281-1167 8:30 am (Eastern Time)Israel: 03-918-0609 2:30 pm (Israel Time)International:
NESS ZIONA, Israel, Jan. 25, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) announced today the following changes to its executive management team and Board of Directors: Mr. Sharon Fima announced that, in light of the Company's current stage of development, he intends to step down from the positions of Chief Executive Officer, Chief Technology Officer and Director in the near future. Mr. Fima intends to continue supporting the Company as a founding member of the Company's scientific advisory board. Mr. Fima: "As a co-founder of MeaTech, it has been my passion and my privilege to lead the Company through its formative years of real cultivated meat development, and at this stage of the C
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6-K - Steakholder Foods Ltd. (0001828098) (Filer)
6-K - Steakholder Foods Ltd. (0001828098) (Filer)
The company continued to develop the technology, R&D and marketing infrastructure necessary to accelerate toward commercialization of cultured meat REHOVOT, Israel, Aug. 24, 2022 /PRNewswire/ -- Steakholder Foods (NASDAQ:STKH), formerly MeaTech 3D Ltd. (NASDAQ:MITC), an international deep-tech food company at the forefront of the cultured meat industry, today released its financial results for Q2 2022 and provided a business update. Steakholder Foods is developing high quality beef, chicken, pork, and seafood products made from animal cells rather than farm-raised animals — as whole cuts, ground and raw materials — that are safer and with significantly less impact than conventional meat.
The new name reflects the company's commitment to cultivating a new community of meat lovers who will participate in the company's mission to make high-quality real meat sustainably REHOVOT, Israel, Aug. 3, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC), an international deep-tech food company at the forefront of the cultured meat industry, has become Steakholder™ Foods Ltd. (NASDAQ:STKH). Beginning in 2019, the company set out to develop the technology and scientific processes to produce whole cuts of meat sustainably using animal cell cultivation and 3D bioprinting. Stea
The collaboration creates an opportunity to penetrate the Asian market with 3D-bioprinted structured seafood products REHOVOT, Israel, July 12, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) ("MeaTech"), an international deep-tech food company at the forefront of the cultured meat industry, is pleased to announce that it has signed a memorandum of understanding with Umami Meats for the joint development of 3D-printed cultured structured seafood. Umami Meats is a Singapore-based cultured seafood company with a focus on developing species that are expected to experience severe supply-side shortages in the coming years due to climate change, overfishing and continuously growing consume
Peace of Meat's cultured avian capabilities put the company on a clear path toward commercialization in the hybrid foods market REHOVOT, Israel, July 5, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) ("MeaTech"), an international deep-tech food company at the forefront of the cultured meat industry, is pleased to announce that Peace of Meat, the company's Belgian wholly-owned subsidiary, has established a stable and unique avian cell line with a clear upscaling path. Peace of Meat is a cultured avian company that develops 100% non-GMO cultured meat products that are microcarrier free. The company plans to commercialize its products in the emerging hybrid foods market through collaborati
REHOVOT, Israel, June 30, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) ("MeaTech"), an international deep-tech food company at the forefront of the cultured meat industry, today announced that it has entered into a definitive agreement with a single U.S. institutional investor for the purchase and sale of 1,857,143 American Depositary Shares, (or American Depositary Share equivalents in lieu thereof) and warrants to purchase 1,857,143 American Depositary Shares at a purchase price per ADS (and accompanying warrant) of $3.50, pursuant to a registered direct offering. The warrants to be issued will have a five-year term, will become exercisable immediately and will have an exercise price
The patent, issued in Australia, is based on systems and methods for enhancing muscle fiber formation to develop high-quality meat REHOVOT, Israel, June 9, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) ("MeaTech"), an international deep-tech food company at the forefront of the cultured meat industry, is pleased to announce that it has received its first patent out of several that are currently pending. The patent, granted by IP Australia, is based on the company's development of systems and methods to apply external forces to muscle tissue that result in the development of high-quality complex structured meat. One of the main challenges of producing structured meat is to enable th
The company will speak about how its game-changing approach to cultured meat development can promote sustainability, food security and animal welfare REHOVOT, Israel , June 6, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) ("MeaTech"), a deep-tech food company at the forefront of the cultured meat industry, is pleased to announce that it will be a sponsor and participant at Vegan Fest, the world's largest vegan festival. The event will take place in Tel Aviv, Israel, June 7-9, 2022, from 5:00 – 11:00 p.m. each day. Vegan Fest 2022 will feature over one hundred vegan food and product stalls and a food tech area with food tech and alternative protein startups, panel discussions and expe
The company continued to develop the technology, R&D and marketing infrastructure necessary to accelerate toward commercialization of cultured meat REHOVOT, Israel, May 31, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) ("MeaTech") today reported its financial results for Q1 2022 and provided a business update. MeaTech is an international group of deep-tech food companies at the forefront of the cultured meat industry. MeaTech Group uses science and technology to develop high-quality real meat products made from cells rather than farm-raised animals that are delicious, nutritious and safer than conventional meat. Q1 2022 Financial Results Summary Research and development expenses total
The company will update investors and analysts on plans for commercialization based on its recent advancements in cultured meat development and 3D bioprinting innovation REHOVOT, Israel, May 24, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC), an international deep-tech company at the forefront of the cultured meat revolution, is pleased to announce today that CEO Arik Kaufman will be presenting at the 12th annual LD Micro Invitational Conference on Wednesday, June 8th at 4:00 p.m. PT at the Four Seasons in Westlake Village, California. The LD Micro Conference will feature approximately 200 companies from all over the world, each presenting for 25 minutes.
The company is committed to act in support of issues embodied in the United Nations Sustainable Development Goals (SDGs) REHOVOT, Israel, May 23, 2022 /PRNewswire/ -- MeaTech 3D Ltd. (NASDAQ:MITC) ("MeaTech"), an international deep-tech food company at the forefront of the cultured meat industry, is pleased to announce that it has joined the United Nations Global Compact initiative, a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. MeaTech is proud to join leading companies around the world that are committed
MeaTech 3D Ltd (NASDAQ:MITC) has signed a memorandum of understanding with Umami Meats for the joint development of 3D-printed cultured structured seafood. Umami Meats is a Singapore-based cultured seafood company. The partnership opens the door for both companies into the Asian market, Singapore specifically. The agreement is part of MeaTech's collaboration strategy with other players in the alternative protein space. With the arrangement, MeaTech will be adding seafood to its portfolio of bovine, avian, and porcine products under development. Price Action: MITC shares are trading higher by 1.79% at $3.42 on the last check Tuesday.
On Thursday, 588 stocks hit new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Taiwan Semiconductor (NYSE:TSM) was the biggest company by market cap to set a new 52-week low. Reshape Lifesciences (NASDAQ:RSLS) was the smallest, in terms of market cap, to set a new 52-week low. Akerna (NASDAQ:KERN)'s stock fell the most, as it traded down 52.33% to reach a new 52-week low. Natura &Co Holding (NYSE:NTCO) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. These stocks set new 52-week lows on Thursday: Taiwan Semiconductor (NYSE:TSM) shares moved down 3.16% on Thursday to hit a new 52-week low of $80.12, drifting
MeaTech 3D Ltd (NASDAQ:MITC) has entered into a definitive agreement with a single U.S. institutional investor for an offering of 1.9 million ADSs and warrants to purchase the shares at a purchase price of $3.50 per ADS. The warrants to be issued will have a five-year term and become exercisable immediately. The company expects the gross proceeds from the offering to be approximately $6.5 million. It intends to use the net proceeds for general corporate purposes. The closing of the offering is expected to occur on or about July 5, 2022 Price Action: MITC shares are trading lower by 8.59% at $3.30 on the last check Thursday.
MeaTech 3D Ltd - ADR (NASDAQ:MITC) shares are trading lower by 8.31% to $3.31 after the company announced a $6.5 million registered direct offering. MeaTech 3D says the closing of the offering is expected to occur on or about July 5th subject to the satisfaction of customary closing conditions. MeaTech 3D intends to use the net proceeds from the offering for general corporate purposes. See Also: Why Canopy Growth Stock Is Getting Smoked Today MeaTech 3D is a deep-tech food company. The company is cultivating meat technologies to improve meat production, simplify the meat supply chain and offer consumers a range of new product offerings. According to data from Benzinga Pro, Meatech 3D has
MeaTech 3D Ltd. (NASDAQ:MITC) ("MeaTech"), an international deep-tech food company at the forefront of the cultured meat industry, is pleased to announce that it has received its first patent out of several that are currently pending. The patent, granted by IP Australia, is based on the company's development of systems and methods to apply external forces to muscle tissue that result in the development of high-quality complex structured meat. One of the main challenges of producing structured meat is to enable the muscle tissue to mature with an enhanced fibrous texture that results in a mouthfeel with the right elasticity, density and taste. "Our patented systems and methods strengthen and
By Thomas Kerr, CFA NASDAQ:MITC READ THE FULL MITC RESEARCH REPORT MeaTech 3D (NASDAQ:MITC) reported 1st quarter 2022 financial results on May 31, 2022 and results were largely in-line with expectations. Quarterly EPS was a loss of ($0.04) which matched our estimates. Research and development expenses came in at $2.1 million during the quarter which was below our estimates of closer to $3.0 million. The 90% increase from the prior year quarter was due to the addition of the company's Belgian subsidiary (Peace of Meat) as well as MeaTech's higher level of investment in its cultured meat technology capabilities. Marketing expenses totaled $1.1 million which was above our estimates
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