Fishtimator
Continual Acoustic Based Multifunctional Cage Mounted Fish estimator Deigned To Reduce Feed Waste, Fish Mortality, and Predator and Fish Escape Control
Total Cost €
0EC-Contrib. €
0Partnership
0Views
0Fishtimator project word cloud
Explore the words cloud of the Fishtimator project. It provides you a very rough idea of what is the project "Fishtimator" about.
Project "Fishtimator" data sheet
The following table provides information about the project.
| Coordinator |
OTAQ LIMITED
Organization address contact info |
| Coordinator Country | United Kingdom [UK] |
| Project website | http://www.fishstimator.eu |
| Total cost | 71˙429 € |
| EC max contribution | 50˙000 € (70%) |
| Programme |
1. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument) 2. H2020-EU.3.2. (SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy) |
| Code Call | H2020-SMEINST-1-2015 |
| Funding Scheme | SME-1 |
| Starting year | 2015 |
| Duration (year-month-day) | from 2015-07-01 to 2015-12-31 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | OTAQ LIMITED | UK (GLASGOW) | coordinator | 50˙000.00 |
Map
Project objective
The growing demand for sea food has resulted in the depletion of natural fisheries and it is estimated that 62% of the sea food will come from aquaculture farms by 2030. The profitable operation of aquaculture farms is being hindered by unbalanced and un-predictive fish feed amount, unreliable biomass estimation, fish escape and fish mortality. Fish feed alone represents 50% of the total operating costs of the fish pans and cages. Permanent and accurate estimation of fish size and weight is of significant importance in the fish farming industry for the provision of key data with which feeding, grading and harvesting operations are controlled. Ocean Tools Aquaculture (OTAQ) is an industry leader in providing predator control and acoustic technologies for the aquaculture industry. Our solution is to develop an acoustic based permanent in-cage biomass estimator system (FISHSTIMATOR) that will deal with the problems being faced by aquatic fish farmers. The solution is intended to reduce fish feed waste by 3-5% by giving recommended amount of feed that matches the number of fish and their growth rate. Fish mortality and escape due to predators, anomalies in the cage structure and thieves will be eliminated by close monitoring of the cage environment. FISHSTIMATOR will be sold to farmers at €26’000 per cage and leased for €13’000 per cage. With this pricing model we envisage to clinch to 16% of the global aquaculture monitoring market which is estimated to reach €5.24 billion at a compound annual growth rate of 5.24% by 2020 (3% of €175billion - global aquaculture market) and increase our revenue from €2.5M to €84M by 2022. In Phase 1 we will validate FISHSTIMATOR prototype, develop Intellectual Property strategy, and carry out a market study, search and recruit partner and draft a business plan in a period of 6 months. In Phase 2, we will finalise the design and operability of FISHSTIMATOR allowing us to match the requirements of the targeted customers. The prototype dev
Are you the coordinator (or a participant) of this project? Plaese send me more information about the "FISHTIMATOR" project.
For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.
Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.
Thanks. And then put a link of this page into your project's website.
The information about "FISHTIMATOR" are provided by the European Opendata Portal: CORDIS opendata.