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Wide Open Agriculture (ASX:WOA) - Managing Director, Ben Cole
Managing Director, Ben Cole
Source: Wide Open Agriculture/Twitter
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  • Wide Open Agriculture (WOA) says the development of its lupin protein is advancing well, with multiples samples sent off to leading food companies
  • The company is aiming to create food and beverage products using the modified lupin protein it created with CSIRO and Curtin University
  • Product development is already underway to create two oat milks using lupin, and WOA has secured a lupin pilot manufacturing facility in Western Australia
  • Additionally, Wide Open Agriculture will take part in the WA Food Innovation Precinct’s Protein X Lab accelerator program
  • Company shares are trading 2.03 per cent in the green at 75.5 cents each at at 2:25 pm AEDT

Wide Open Agriculture (WOA) has providing an update on the development of its lupin protein.

The company is aiming to create food and beverage products using the modified lupin protein it created in partnership with CSIRO and Curtin University.

The food and agriculture business revealed on Thursday that development was advancing well, with multiples samples sent off to leading food companies.

Among the businesses sent samples were companies located across Europe, North America and Australia.

The company has also progressed development of two oat milks using lupin, with extra staff hired to expand its scientific and commercialisation capacity.

Wide Open plans to manufacture the lupin protein at its distribution centre in Kewdale, Western Australia.

The centre will play host to WOA’s pilot manufacturing facility, with the first tranche of equipment delivered to the site.

Finally, the business announced today it had been invited to join the X-Protein Lab, an initiative of the new Western Australian Food Innovation Precinct.

The lab aims to expand the state’s market reach in the growing alternative protein space, with a particular focus on the Singapore market.

Wide Open Agriculture shares were trading 2.03 per cent in the green at 75.5 cents each at 2:25 pm AEDT.

WOA by the numbers
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