Steakholder Foods receives first purchase order under agreement with Wyler Farm

Steakholder Foods announced that it has received its first purchase order from Wyler Farm under the commercial cooperation agreement signed in May 2024. This order expands Steakholder Foods’ premix revenue stream to include its proprietary SH – Beef premix blend, following the Company’s earlier announcement this month of its first premix revenue stream for its SH – Fish premix blend. Arik Kaufman, CEO of Steakholder Foods, said: “We are thrilled to see production at Wyler Farm commencing on schedule, keeping planned product rollout on track no later than early 2025. This first order for our SH – Beef premix blend, following our recent SH – Fish premix blend orderdemonstrates our ability to generate recurring revenue across multiple products and partners. As these initial commercial deals mature in 2025, we expect to see meaningful revenue growth and increased interest from other potential market participants. We remain focused on expanding our commercial presence in the alternative protein sector and are well-positioned to forge additional collaborations.”