New Age Meats is a biotechnology company that develops healthy cultivated meat grown from animal cells instead of animal slaughter. The company made history in September 2018, by letting journalists taste the first cell-based pork sausage made in a lab. They hope to bring a cultured meat product — probably pork — to market within the next couple of years.
According to CEO Brian Spears, their startup’s edge comes from harnessing automation and data science to optimize bioreactors — in short, to grow more meat more quickly.
Prior to founding New Age Meats Spears, who has a background in engineering had started a research automation company. He claims that by harnessing automation they can dramatically speed up not only research for cultured meat, but can also press fast-forward on manufacturing.
Spears said the meat was inching closer to being made at a cost of about $5 per breakfast sausage link. That’s about $23 per pound — still far pricier than than any other sausage or vegetarian sausage on the market but much closer to the goal that most of these companies are looking to hit.
Right now, it costs New Age Meats about $216 to make each sausage. Still, that’s down from about $2,500 in September, meaning the meat has become about 12 times cheaper to produce in a month.
According to businessinsider.com; crunchbase.com; tabledebates.org. Source of photo: internet
