Steakholder Foods shares jump 16.45% pre-market after Twine Solutions sells first TwineX1 system to TITV for textile applications.
ByAinvest
Friday, Jan 16, 2026 7:31 am ET1min read
STKH--
Steakholder Foods (STKH) surged 16.45% in premarket trading following the announcement that its subsidiary, Twine Solutions, sold the first TwineX1 industrial dyeing system to the Textile Research Institute of Thuringia, Vogtland (TITV) on January 5, 2026. This milestone marks Twine Solutions’ entry into the textile sector, expanding beyond food technology to apply its waterless, digital dyeing technology in a $120 billion industry. The transaction, funded by the Free State of Thuringia and the EU, underscores growing demand for sustainable manufacturing solutions and validates the scalability of Twine’s patented technology. The news aligns with Steakholder’s strategic pivot to commercialize cross-industry applications of its 3D printing and digital dyeing systems, likely driving investor optimism.
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