|

MeaTech 3D (MITC) is developing cultured meat to take customized food to the next level

An investment in the future of food ― meet the company that is going to enable the production of real delicious, nutritious meat that’s slaughter-free.

MeaTech 3D (Nasdaq: MITC) is a global deep-tech food company developing the advanced biotechnology and engineering capabilities to produce delicious, nutritious real meat made from cells rather than slaughtered animals. The company has been advancing its bio-printing technology in order to circumvent unsustainable challenges faced by conventional animal husbandry, such as the industry’s enormous carbon footprint, water and land usage, and animal welfare issues. Importantly, MeaTech has just made an announcement confirming a significant upgrade to its technology that should help the company continue accelerating its progress toward commercialization.

MeaTech’s Bio-Printing Advancement

At the beginning of the month, the company reported that it had successfully developed a unique multiple-nozzle modular printing head that can produce complex meat products with pinpoint precision at an industrial rate of production without impacting cell viability. The technology will give meat manufacturers and retailers the capability to produce whole cuts of meat with formations and proportions of fat and muscle tissue that mimic conventional meat.

MeaTech will also be able to accurately print repetitive fat and muscle cell combinations which will allow scaled-up production of different types of steaks and other meat products with uniformity of thickness, size, density, and shape. Essentially, producers will be able to print precisely customized meat products based on consumer demand.

This technological development is a breakthrough step toward the successful mass production of meat using cells and biomaterials. The company is addressing the scaling challenges currently facing the broader cultured meat sector as it speeds up its entry into the commercial market with the aim of becoming the leading supplier of advanced cultured meat bio-printing technology and services to third-party food-sector players.

A “Hybrid” Solution for Accelerating Commercialization in the Short Term

In the meantime, MeaTech’s wholly owned Belgian subsidiary, Peace of Meat, has secured a strategic collaboration with alternative protein manufacturer, ENOUGH, that they hope will propel the company into the market for hybrid food products sometime in 2023. Peace of Meat is a leading developer of cultured avian biomass. ENOUGH is a leader in the field of mycoprotein, a fungi-based fermented food ingredient.

This joint development agreement is focused on enabling the use of cultured avian biomass as an ingredient for developing hybrid food products that offer “a meatier taste and mouthfeel that is closer to conventional meat products.” The future of sustainable protein is likely to include a mix of plant-fermentation and cell-based products. Therefore, this agreement is being seen as an important and logical step on an accelerated path toward commercialization.

The Stock is Well Positioned as the Company Emerges as An Industry Leader

MeaTech is standing out as a compelling under-the-radar investment opportunity within the cultured meat sector. As the company accelerates its transition from development stage to industry leader, it is positioning itself to become a key beneficiary of the enormous growth expected in the alternative meat market in the coming years. As this plays out, the stock is likely to benefit from growing investor interest, propelling the company into the mainstream.

Author

Max Golderstein

Max Golderstein

Independent Analyst

Max Golderstein is a veteran analyst and writer. His areas of research focus on Pharma, FoodTech, Cannabis, Cyber and Blockchain.

More from Max Golderstein
Share:

Editor's Picks

EUR/USD weakens to near 1.1900 as traders eye US data

EUR/USD eases to near 1.1900 in Tuesday's European trading hours, snapping the two-day winning streak. Markets turn cautious, lifting the haven demand for the US Dollar ahead of the release of key US economic data, including Retail Sales and ADP Employment Change 4-week average.

GBP/USD stays in the red below 1.3700 on renewed USD demand

GBP/USD trades on a weaker note below 1.3700 in the European session on Tuesday. The pair faces challenges due to renewed US Dollar demand, UK political risks and rising expectations of a March Bank of England rate cut. The immediate focus is now on the US Retail Sales data. 

Gold sticks to modest losses above $5,000 ahead of US data

Gold sticks to modest intraday losses through the first half of the European session, though it holds comfortably above the $5,000 psychological mark and the daily swing low. The outcome of Japan's snap election on Sunday removes political uncertainty, which along with signs of easing tensions in the Middle East, remains supportive of the upbeat market mood. This turns out to be a key factor exerting downward pressure on the safe-haven precious metal.

Bitcoin Cash trades lower, risks dead-cat bounce amid bearish signals

Bitcoin Cash trades in the red below $522 at the time of writing on Tuesday, after multiple rejections at key resistance. BCH’s derivatives and on-chain indicators point to growing bearish sentiment and raise the risk of a dead-cat bounce toward lower support levels.

Follow the money, what USD/JPY in Tokyo is really telling you

Over the past two Tokyo sessions, this has not been a rate story. Not even close. Interest rate differentials have been spectators, not drivers. What has moved USD/JPY in local hours has been flow and flow alone.

Bitcoin Cash trades lower, risks dead-cat bounce amid bearish signals

Bitcoin Cash (BCH) trades in the red below $522 at the time of writing on Tuesday, after multiple rejections at key resistance. BCH’s derivatives and on-chain indicators point to growing bearish sentiment and raise the risk of a dead-cat bounce toward lower support levels.