Business
Solar Foods Launch New Solein-powered products
Solar Foods Launch New Solein-powered products.
About this update from Agronomics Limited
[{"type":"text","content":"\n\n \n19 August 2024\n Agronomics Ltd\n(\"Agronomics\" or the \"Company\")\n \nSolar Foods Launch New Solein-powered products in Singapore \nAgronomics (LON: ANIC), a leading listed company in the field of cellular agriculture, is pleased to announce that its portfolio company Solar Foods Oy (\"Solar Foods\") has unveiled two new Solein™-powered products in partnership with the Japanese multinational food and bioscience corporation Ajinomoto Co. Inc. (\"Ajinomoto\"), to be launched in the Singapore following approval from the Singapore Food Agency.\nJim Mellon, Co-Founder and Executive Chair of Agronomics commented:\n\"The partnership with Ajinomoto, a food company with a presence in 130 countries, paves the way for expansion into other markets. Solar Foods is one of the most advanced cell agriculture companies, with a wholly owned and fully operational factory to deliver products directly to customers and key retail suppliers. We are very much looking forward to seeing product sales begin in Singapore and for regulatory approval in the US and Europe.\"\nThe full announcement is set out below without any material changes:\nVANTAA, 9 August 2024. Solein® takes its next step towards commercial use as leading Japanese food manufacturer, the Ajinomoto Group, unveils two new Solein-powered products: Traditional Flowering Mooncakes and Ice Cream Sandwiches. The products are the first to be launched under Ajinomoto's new conscious brand Atlr.72™. The limited edition launch in Singapore marks a significant leap forward, making Solein available for consumers and larger scale commercial use.\nLast year, Solar Foods and Japanese food giant Ajinomoto entered a strategic product development partnership, with the aim of piloting Solein-powered products in Singapore. The partnership is now proceeding to the next stage with Ajinomoto launching the new conscious brand Atlr.72™ (Atelier Seven Two) to drive the company's green food business, in response to the growing demand for health- and environmentally conscious products. The first limited-edition products of the brand, Flowering Mooncakes and Ice Cream Sandwiches, are both powered by Solein.\nAfter piloting the products in Singapore, the first market where Solein has been granted the food authorities' novel food approval, Ajinomoto is looking into expanding to o...