Steakholder Foods shares jump 10.98% premarket as Twine expands U.S. dyeing collaboration with Henderson.

Steakholder Foods surged 10.98% in premarket trading following the announcement that its subsidiary, Twine Solutions, expanded its collaboration with Henderson Sewing Machine Co. to introduce the TwineX1 system, an entry-level on-demand thread and yarn dyeing technology. The partnership aims to revolutionize the U.S. textile supply chain by enabling localized, waterless production that reduces lead times from weeks to same-day processing, cuts environmental impact, and supports sustainable manufacturing. The TwineX1 targets fashion sample rooms, short-run production, and specialized textile applications, aligning with growing demand for eco-friendly and efficient solutions. The news underscores Steakholder Foods’ strategic push into sustainable textile innovation, bolstering investor confidence in its dual focus on alternative proteins and industrial technology.