Continual Acoustic Based Multifunctional Cage Mounted Fish estimator Deigned To Reduce Feed Waste, Fish Mortality, and Predator and Fish Escape Control

Informations projet

Fishtimator

N° de convention de subvention: 685184

DOI

10.3030/685184

Projet clôturé

Date de signature de la CE 27 Juin 2015

Date de début 1 Juillet 2015

Date de fin 31 Decembre 2015

Financé au titre de

• SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy

Coût total

€ 71 429,00

Contribution de l’UE

€ 50 000,00

Coordonné par

OTAQ LIMITED
United Kingdom

Periodic Reporting for period 1 - Fishtimator (Continual Acoustic Based Multifunctional Cage Mounted Fish estimator Deigned To Reduce Feed Waste, Fish Mortality, and Predator and Fish Escape Control)

Période du rapport: 2015-07-01 au 2015-12-31

Résumé du contexte et des objectifs généraux du projet

1) Market study- over a period of 5 months to interpret trends and conduct customer surveys to assess the possible impact & uptake of FISHSTIMATOR.
2) Over 4 months, validate the suitability of the FISHSTIMATOR software and hardware.
3) Recruit subcontractors & partners in the aquaculture sector over a 3 month period to establish supply chains for widespread delivery of the solution.
4) Conduct a technology watch, develop an IP and commercialisation strategy over a period of 5 months to ascertain that we are not infringing any privacy, protect our solution and to identify any other technologies in development that could potentially compete with ours.
5) Draft a detailed business plan and feasibility study report showing the most suitable routes to market and growth projections over a 5 year period

Travail effectué depuis le début du projet jusqu’à la fin de la période considérée dans le rapport et principaux résultats atteints jusqu’à présent

1) Acquired a much deeper understanding of the market’s requirements for in cage biomass and fish sizing technology in terms of both market size and dynamics.
2) Carried out validation of the FISHSTIMATOR software and hardware components for the purpose of assessing biomass, average weight and size distribution
3) Identified major end user customers in both the global salmon and bass/bream sectors and have acquired letters of intent from them.
4) Assessed the technological landscape through a technology watch to ensure that we are not infringing on any IP. Identified the protectable IP from our project. Assessed the relative strengths and weaknesses of the current competing methods and solutions.
5) With the aid of the market knowledge, drafted a business plan showing the best route to market including a disruptive business model, growth projections and cost benefit analyses. The business plan also details Phase 2 activities and our commercialisation plans.

Progrès au-delà de l’état des connaissances et impact potentiel prévu (y compris l’impact socio-économique et les conséquences sociétales plus larges du projet jusqu’à présent)

In comparison to the state of the art, FISHSTIMATOR has advantages or benefits in every measurable attribute. Assessed through a detailed PESTLE analysis that FISHSTIMATOR will have a positive socio-economic impact.

FISHSTIMATOR info graphic