Steakholder Foods Says "Looking Ahead To The Back Half Of This Year, The Co's Focus Remains On Securing Additional Commercial Deals, Expanding Its Market Reach, And Launching More Product Applications; The Strategic Deals And Technological Advancements Already Achieved Lay A Solid Foundation For The Co's Future Growth And Commercialization Efforts"
Portfolio Pulse from Benzinga Newsdesk
Steakholder Foods is focusing on securing additional commercial deals, expanding market reach, and launching new product applications. The company anticipates modest revenue generation starting late 2024 or early 2025, with accelerated growth in 2025 from printers and plant-based premixes.
August 30, 2024 | 8:19 pm
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Steakholder Foods is focusing on securing additional commercial deals and expanding its market reach. The company expects modest revenue generation starting late 2024 or early 2025, with accelerated growth in 2025 from printers and plant-based premixes.
The company's focus on securing commercial deals and expanding market reach is likely to positively impact its stock price in the short term. The anticipation of revenue generation starting late 2024 and accelerating in 2025 suggests a positive outlook, which could attract investor interest.
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