this post was submitted on 27 Jun 2023
100 points (100.0% liked)

Australia

3520 readers
99 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Lenguador@kbin.social 18 points 1 year ago* (last edited 1 year ago) (1 children)

Looks like the same guys were doing publicity around 2019 https://www.abc.net.au/news/rural/2019-07-30/australia-joins-lab-grown-meat-industry/11360506
At the time, they claimed the cost to make a single hamburger was $30-$40, and now 4 years later, they claim to have gotten it down to $5-$6 per patty.
The article claims the first demonstration of a lab-grown hamburger was in 2013.

So 6 years from proof of concept to (probably) first capital raise, then 4 years to start regulatory approval, 1 year for approval to take place (target is March next year).

[โ€“] batterysoup@kbin.social 8 points 1 year ago

That's pretty impressive. Would mean that claim for the $1 pricing to be quite realistic.

Would be very interested to see how their lab grown steak goes. Do their meats include fat?