In Israel, Future Meat Technologies has claimed the world’s first cultured meat factory as well as the emerging industry’s most competitive price point—$3.90 for a lab-grown chicken breast.
The new plant at Rehovot has the capacity to produce 1,000 lbs of cultured chicken, pork and lamb daily, roughly the amount of meat gained from raising 250 chickens. Future Meat Technologies intends to eventually produce beef as well.
“After demonstrating that cultured meat can reach cost parity faster than the market anticipated, this production facility is the real game-changer,” says Yaakov Nahmias, founder and chief scientific officer of Future Meat Technologies. “This facility demonstrates our proprietary media rejuvenation technology in scale, allowing us to reach production densities 10-times higher than the industrial standard. Our goal is to make cultured meat affordable for everyone, while ensuring we produce delicious food that is both healthy and sustainable, helping to secure the future of coming generations.”
Future Meat Technologies also claims its output is 10 times faster than other cultured meat firms and that it generates 80% lower greenhouse gas emissions than a standard poultry farm.