Steakholder Foods Receives First Purchase Order Under Its Commercial Cooperation Agreement With Wyler Farm; Company Expands Premix Revenue Stream With Second Purchase Order In The Past Month
Portfolio Pulse from Benzinga Newsdesk
Steakholder Foods Ltd. (NASDAQ:STKH) has received its first purchase order from Wyler Farm Ltd. under a commercial cooperation agreement, expanding its premix revenue stream with its SH™ - Beef premix blend. This follows a previous order for its SH™ - Fish premix blend. The products will be integrated into Wyler Farm's plant-based meat line, set for market launch by early 2025.
October 08, 2024 | 12:08 pm
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Steakholder Foods Ltd. has secured a purchase order from Wyler Farm for its SH™ - Beef premix blend, expanding its revenue stream. This order is part of a commercial cooperation agreement and follows a previous order for its SH™ - Fish blend.
The purchase order from Wyler Farm under a commercial agreement is a positive development for Steakholder Foods, indicating growth in its premix revenue stream. This is the second order in a month, suggesting strong demand and potential for increased sales.
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