MeaTech 3D Ltd. announced that its Belgian subsidiary, Peace of Meat B.V., will build a 21,530 sq. ft. pilot plant in Belgium, with construction expected to commence in 2022. The new facility will expand and accelerate MeaTech’s cultured avian technology and R&D capabilities and help propel the company’s market entry.
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This is another step forward in executing MeaTech’s go-to-market strategy. Recently, Peace of Meat cultivated just over 700 grams of pure chicken fat biomass in a single production run. The company believes that producing this quantity of pure cultured material in one run was a breakthrough toward potentially manufacturing cultivated chicken fat at an industrial scale.
Arik Kaufman, MeaTech’s chief executive officer:
“Peace of Meat’s new pilot facility will expediate our entry into the market for plant-based meat alternatives and cultured products. We believe that cultured animal fat can infuse alternative meat products with the signature flavors, aromas and textures of conventionally farmed meat. The result is expected to deliver an enhanced consumer experience.”
About MeaTech 3D
MeaTech is an international deep-tech food company at the forefront of the cultured meat revolution. The company initiated activities in 2019 and is listed on the Nasdaq Capital Market under the ticker “MITC”. MeaTech maintains facilities in Rehovot, Israel and Antwerp, Belgium and is in the process of expanding activities to California, USA. 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.