Alternative proteins and 3D printing innovator Steakholder Foods (Nasdaq: STKH) announces it has received its first-ever purchase order from Bondor Foods, a renowned frozen foods manufacturer and institutional market distributor.
Under a new commercial sales agreement, Steakholder Foods will supply its SHFISH premix blend for Bondor Foods’ new line of plant-based white fish and salmon patties.
“As forecasted, we have secured the company’s first income in 2024”
The order marks the company’s first income milestone, securing its initial product revenue stream in 2024. The deal follows successful local partnerships to integrate plant-based steaks and fish into gourmet menus and the recent opening of a demonstration center at its headquarters in Rehovot, Israel, to showcase the possibilities of 3D-printed foods.
Arik Kaufman, CEO of Steakholder Foods, shared: “We are extremely excited to announce this first purchase order from Bondor Foods, which represents a major milestone for our company. As forecasted, we have secured the company’s first income in 2024. This not only validates the commercial viability of our innovative products but also initiates our first revenue stream, as our products transition into full-scale production.”
Creating realistic alternatives
Founded in 2019, Steakholder Foods specializes in developing and selling 3D-printing production machines and proprietary premix blends from high-quality raw ingredients.
The firm aims to help manufacturers efficiently produce plant-based alternatives that meet consumer expectations for taste, texture, and appearance, providing a sustainable alternative to industrialized meat and seafood production.
Other companies using 3D printing to create realistic plant-based alternatives include the Spanish company Cocuus, which has launched a bacon product in Carrefour, and the Mexican startup Forma Foods, which prints traditional favorites such as Carne Asada. The Israeli company Redefine Meat also uses additive manufacturing to create its “new-meat” products, and Austria’s Revo Foods, the first company to launch a 3D-printed product in retail, the Revo Salmon filet.
Kaufman added, “We continue to expand our commercial endeavors, engaging with global manufacturers and distributors within the alternative protein food market, and look forward to solidifying this and our other planned revenue streams, such as three-dimensional printing machines.”
