Half-year report 2024

Solar Foods published its half-year report on Thursday 26 September. See result materials below.

Solar Foods in brief

Solar Foods established in 2017 is a global leader in sustainable protein production, solving the global food production problem by offering a completely new alternative to existing animal and plant proteins.

Solar Foods’ first product is the naturally occurring single-cell protein Solein®, which can be used as a food raw material with high protein content. In the long run, Solein production will improve global availability of protein and increase price and quality stability of food raw materials by disconnecting food production from agriculture.

Why Solar Foods?

Proven technology and product

We have concretely proven the functionality of our technology and production process for 5 years on a pilot scale.

Patented technology and strong competition protection

We believe we are the only player in the world to commercialize a completely new food protein and a technology platform for its production, hydrogen fermentation based on its own hydrogen production. In addition, we have filed over 160 patent applications

The Solein product can be endlessly replicated

We expect that we can replicate and expand our production without reliance on individual raw material suppliers or the limited availability of some raw materials.

Competitive features compared to other protein sources

We estimate that Solein has the lowest carbon footprint compared to all other known protein sources if fossil-free energy is used in production.

Prerequisites for a highly profitable business

After the technology development phase, we estimate that the commercial factories will generate strong and predictable cash flow, as production is not dependent on long raw material supply chains or their strategic supply risks.

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Contact Us

Pasi Vainikka, CEO, Co-Founder
Tel. +358 10 579 3286
investors@solarfoods.com