Ark Biotech: TEA Demonstrates How New Biomanufacturing Tech Can Bring Cultivated Meat to the Masses
US company Ark Biotech has launched a techno-economic analysis — Total Addressable Market (TEA) — claiming it demonstrates how new biomanufacturing tech can reduce the costs of cultivated meat to reach price parity with industrial animal meat. “The TEA offers a current perspective on where the industry has got to thus far and what is necessary for further progress,” says the company. Ark Biotech is a US B2B company supplying the cultivated meat industry with industrial-scale bioreactors, operating systems, and services. Based in Westwood, Massachusetts, the company was founded in 2021 by Yossi Quint, arguing that a bottleneck in the production system is stopping the technology from bringing cultivated meat to the masses. Ark Biotech claims it is designing next-generation technology for the cultivated meat industry at lower …
