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We're seeing an increase in loans/funding for RAS projects. As was discussed at RASTECH 2024, this may be a pointer to the returning optimism in the RAS community.
- Seyitan Moritiwon, Associate editor
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The European Investment Bank (EIB) is providing a €35 million (US$ 36 million) loan to German aquaculture technology start-up Oceanloop to help grow its business and expand it to Spain.
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Norwegian land-based salmon farming company, Proximar Seafood, has signed a new loan agreement with a Japanese bank for JPY 300 million (US$1.9 million) for working capital purposes and buffer liquidity.
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The Kingfish Company is trialling ReelData’s AI biomass camera, ReelWeight, for the first time in kingfish species at its site in Zeeland, Netherlands.
» Read More...
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Laxey's freshwater manager, Chris Malanka, manages four RAS facilities, focusing on fish health, production planning, and water quality. This RAS project in Iceland's Westman Islands aims to produce four million smolts annually, with a gradual startup plan.
» Read more |
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After years of studying, working hard, prioritizing my profession, along with my family and friends, but giving up fun plans, parties, and other joyful moments, I am seeing the light at the end of the tunnel as they say. I am harvesting the fruits of my effort. It was 25 years ago when the film, Armaggedon, was released. I watched that movie nine times at the theatres (my mom knows it well). I was crazy about it.
» Read More... |
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Aquaponics is often described as the combination of recirculating aquaculture with hydroponics. Many favour it as the ultimate circular food production system, utilizing waste from the production of fish to be used as nutrients for the production of plants like leafy greens and tomatoes.
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The possibility of your next plate of salad coming from a recirculating aquaculture system (RAS) facility, could be a reality sooner than expected.
» Read More...
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