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Ace Aquatec is focused on delivering solutions to overcome key challenges in the aquaculture industry, such as excess mortality rates on fish farms, poor fish welfare, high prevalence of parasites, seal attacks and escapes, as well as fish experiencing a high degree of stress and suffering at the point of harvest. Farmers also run their production cycles with very limited data and are unable to empirically identify areas for improvement & increased yield.
This campaign seeks to co-finance Ace Aquatec's ambitious plan for 2025, including hiring more staff and additional production of highly specialized devices marketed to end clients (100 new cameras, and 36 new stunners). This campaign will enable Ace Aquatec to continue its mission to introduce more responsible farming methods globally. The funds raised will work as an advance payment on a 1,2 million euro grant awarded by Innovate UK, and its equity round.
This is the promoter's second campaign after previously raising 500.000 in Ace Aquatec, which was fully settled.
The "A-Biomass", an advanced underwater camera system, promises to transform the way fish farmers across the globe monitor and grade their fish stocks by using machine learning and artificial intelligence (AI) for real-time millimeter accuracy. The fully automated camera is smaller than many on the market, weighing in at just 8.5kg, and has been proven to withstand the harshest environmental conditions, having been developed and tested in Scotland’s most northerly waters.
Ace Aquatec's cameras use point cloud technology to track fish, simultaneously differentiating individuals from the shoal. Continuous measurement of fish size in the grading process reduces feed waste, meaning less impact on the immediate environment and efficiency savings for farmers. The system can also be operated remotely so fish stocks can be monitored from anywhere in the world, reducing the need to be on site.
The camera system is the promoter’s latest addition to the company's suite of high-welfare technology products and offers fish farmers a convenient, reliable, and cost-effective way to estimate fish biomass without handling or manual intervention. The "A-Biomass" for Salmon is the first camera in the series, with modules for Trout, Seabass, and Tilapia to follow in 2025.
The Innovate UK grant will be used to focus on developing sealice removal system based on AI cameras and stunning technology. AI cameras will track lice on the fish in real-time in the cage. Then lice detected will trigger an alert to bring in the new Electrolicer. This is a modified electric stunner, configured to use electric fields to relax the muscles of the fish, to prevent them from returning up the pipe, and an ejector pump, which will create a vortex to dislodge lice and eggs. These dislodged lice and eggs will then be captured in a filter, and the cleaned fish will be returned to the cages. The project includes building 3 pilot systems to be deployed in Chile, Norway and UK.
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