MeaTech 3D Ltd. (MITC)
MeaTech 3D Ltd. operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Ness Ziona, IL. The stock last traded at $3.34, down 1.47% on the session, giving a market capitalisation of $57.5M. On trailing twelve-month figures it carries a trailing P/E of -5.06, a net margin of 0.0%. Its beta of 0.00 implies it has historically moved less than the broad market.
An innovative deep-tech food enterprise, MeaTech 3D Ltd. focuses on pioneering cultivated meat solutions to produce meat without the need for traditional animal slaughter. Central to its approach is the development of a proprietary 3D bioprinter, capable of intricately depositing layers of specialized stem cells, a supporting scaffold, and essential cell nutrients to construct structured, three-dimensional cultured meat. Its business model involves licensing this advanced production technology and supplying complementary products such as specific cell lines, printheads, bioreactors, and incubators. Additionally, MeaTech 3D will offer extensive services, including system integration, training programs, and ongoing engineering assistance, to food processing and retail businesses, delivered directly or via partnerships. The company's operations are based in Rehovot, Israel.
MeaTech 3D Ltd. is most often compared with the following Consumer Defensive names: