Using this RAS technology FishFrom Ltd will be able to provide the customer with a consistent and predictable supply of uniquely fresh fish, every day, all year round. Something the existing sea cage farming industry cannot match. The fish will be reared in ideal growing conditions: clean, highly oxygenated and temperature-controlled water, with the fish swimming against a continuous vortex in an environment free from pathogens and parasites and, importantly, without requiring vaccines. Powered by renewable energy, the farm will produce premium quality Salmon grown with the most sustainably sourced fish feed. The facility will be the first in the UK and will supply Superior Scottish Salmon at market size.
FishFrom Ltd will develop useful tools, data systems and equipment to promote food safety and security, create a circular economy with low environmental impact and reduce energy use. It will develop opportunities to create larger onshore farms reducing production cost per kg and securing supply lines of high-quality product.
FFL has an exclusive agreement to develop and commercialise a proprietary technology in conjunction with an Italian University. This technology eradicates the trace bacteria of Geosmin and 2-MIB that are known to give fish reared in RAS systems a muddy flavour. Easily scaled and retrofitted to existing systems or provided as an independent unit for new installations we are seeking to Patent the processes of this technology. Our collaboration with the Italian University has led to The European Institute of Innovation and Technology (EIT) Food awarding £1.1m to our consortium of which FFL’s share, as project leader, was £800,000. However, due to the UK and EU not finalising an agreement on Horizon Europe Funding this has since been withheld until we re-apply. In order to provide investors with the best possible chances of success in this field our approach is to construct and install a 2-tank facility. We will use all the component parts of a large-scale salmon grow-out RAS farm including the equipment, genetics and feed and it will allow us to develop and build a commercial scale version of our proprietary technology. We will also be running concurrent trials of our technology with another Italian University growing Sea Bass and Sea Bream. The 24-month project will grow salmon from 150g to 5kgs and will allow us to fully train all our technicians and husbandry staff on the RAS technology and its operational processes for future farms. We will develop strong customer relations with our off-take contractor and a number of their 400 customers who will be participating in the project’s market research of the harvested fish including taste tests. This is all Phase 1.