REHOVOT, Israel, March 8, 2022 /PRNewswire/ -- MeaTech
3D Ltd. (Nasdaq: MITC), an international food company at the
forefront of the cultured meat industry, developing delicious,
high-quality real meat products that are safe, nutritious and made
from cells rather than slaughtered animals, today announced it
will be opening a US office. The new space will include
activities in research and development, investor relations, and
business development. MeaTech US, based in California, will be another indication of
the company's rapid growth and scaling efforts.
In Israel alone, the company
grew its team by over 50% in the past year and recently moved to
new, more spacious headquarters in Rehovot, Israel, the epicenter of the country's
foodtech sector. The new headquarters allows the company to enhance
its cultured meat R&D and 3D bioprinting technology. The space
also features a tasting kitchen.
Later this year, MeaTech's Belgian subsidiary, Peace of
Meat, which leads development of MeaTech's avian cell culture
technologies, plans to start building the foundation for a pilot
plant to begin scaling up production.
Arik Kaufman, MeaTech's Co-Founder and
CEO, commented: "Expanding MeaTech's presence to the
US is another important step in accelerating our go-to-market
strategy, and it will leverage the expertise we've been building
since 2019. We anticipate that our new space will serve as a
welcoming environment for our North American investors to gain
firsthand knowledge of our processes, view demonstrations of our
technology at work, and learn about our future plans. It will also
provide us with access to new R&D and technical talent who can
help us continue building upon and perfecting the processes we've
developed for cell-based, real-meat generation."
About MeaTech 3D
MeaTech is an international deep-tech food company at the
forefront of the cultured meat revolution. The company is listed on
the Nasdaq Capital Market under the ticker "MITC".
MeaTech initiated activities in 2019 and maintains facilities in
Rehovot, Israel and Antwerp, Belgium. The company believes
cultivated meat technologies hold significant potential to improve
meat production, simplify the meat supply chain, and offer
consumers a range of new product offerings.
MeaTech aims to provide an alternative to industrialized animal
farming that dramatically reduces carbon footprint, minimizes water
and land usage, and prevents the slaughtering of animals. By
adopting a modular factory design, MeaTech will be able to offer a
sustainable solution for producing a variety of beef, chicken
and pork products, both as raw materials and whole cuts. The
company will also provide meat manufacturers and retail businesses
with production equipment.
For more information, please visit: https://meatech3d.com
Forward-Looking Statements
This press release contains forward-looking statements
concerning MeaTech's business, operations and financial performance
and condition as well as plans, objectives and expectations for
MeaTech's business operations and financial performance and
condition. Any statements that are not historical facts may be
deemed to be forward-looking statements. Forward-looking statements
reflect MeaTech's current views with respect to future events and
are based on assumptions and subject to known and unknown risks and
uncertainties, which change over time, and other factors that may
cause MeaTech's actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Forward-looking statements include, without limitation,
any statement that may predict, forecast, indicate or imply future
results, performance or achievements, and are typically identified
with words such as "may," "could," "should," "will," "would,"
"believe," "anticipate," "estimate," "expect," "aim," "intend,"
"plan" or words or phases of similar meaning and include, without
limitation, MeaTech's expectations regarding the success of its
cultured meat manufacturing technologies it is developing, which
will require significant additional work before MeaTech can
potentially launch commercial sales; MeaTech's research and
development activities associated with technologies for cultured
meat manufacturing, including three-dimensional meat production,
which involves a lengthy and complex process; MeaTech's ability to
obtain and enforce its intellectual property rights and to operate
its business without infringing, misappropriating, or otherwise
violating the intellectual property rights and proprietary
technology of third parties; and other risks and uncertainties,
including those identified in MeaTech's Annual Report on Form 20-F
for the fiscal year ended December 31,
2020, filed with the Securities and Exchange Commission on
April 21, 2021. New risks and
uncertainties may emerge from time to time, and it is not possible
for MeaTech to predict their occurrence or how they will affect
MeaTech. If one or more of the factors affecting MeaTech's
forward-looking information and statements proves incorrect, then
MeaTech's actual results, performance or achievements could differ
materially from those expressed in, or implied by, forward-looking
information and statements contained in this press release.
Therefore, MeaTech cautions you not to place undue reliance on its
forward-looking information and statements. MeaTech disclaims any
duty to revise or update the forward-looking statements, whether
written or oral, to reflect actual results or changes in the
factors affecting the forward-looking statements, except as
specifically required by law.
Photo - https://mma.prnewswire.com/media/1761917/MeatTech_3D.jpg
Logo -
https://mma.prnewswire.com/media/1761919/MeaTech_Logo.jpg
MeaTech Press
Contact:
|
MeaTech Investor
Contacts:
|
Alan Ryan
Rainier Communications
alanryan@rainierco.com
|
Joseph Green
Edison Group
jgreen@edisongroup.com
|
Ehud Helft
Edison Israel
ehelft@edisongroup.com
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/meatech-3d-expands-cultivated-meat-operation-into-the-us-to-accelerate-go-to-market-strategy-301497757.html
SOURCE MeaTech 3D Ltd.