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Opendata, web and dolomites

NEPTUN SIGNED

Novel closed-cage system for high-value marine aquaculture

Total Cost €

EC-Contrib. €

Partnership

Views

Outcomes and
results

NEPTUN project word cloud

Explore the words cloud of the NEPTUN project. It provides you a very rough idea of what is the project "NEPTUN" about.

sustainable 90 mortality positions patented functionalities full depleting cycle wp3 12 discharges rate validation feed piloting trl7 ecosystems 76 facilities subset wholly market significantly 4 levels norway readiness vision company feasibility trl9 highest profits settings commercialisation t environmental ga revenues prototype estimate adult trl8 densities m3 deploy 2m marine 11 withstanding kg reducing subsystems grow sales minimizing boost wp1 performance ccas prototyping traction cage 000t wp2 economic upscale aquaculture integrate waste elevating 7m fish 500 life pilot 363 accumulate salmon 728996 limits farming successfully roi 25 closed time extra securing inshore commercialise 411m closure protein first solid neptun 45 annual global optimise removal least trl sme generate eliminate alone final 10 127m

Project "NEPTUN" data sheet

The following table provides information about the project.

Coordinator	AQUAFARM EQUIPMENT AS Organization address address: TINGVEGEN 74 city: FORDE I HORDALAND postcode: 5555 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Norway [NO]
Project website	http://aquafarm.no/
Total cost	2˙686˙875 €
EC max contribution	1˙880˙812 € (70%)
Programme	1. H2020-EU.3.2.5. (Cross-cutting marine and maritime research) 2. H2020-EU.3.2.3. (Unlocking the potential of aquatic living resources) 3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-2-2016-2017
Funding Scheme	SME-2
Starting year	2017
Duration (year-month-day)	from 2017-08-01 to 2020-12-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	AQUAFARM EQUIPMENT AS AQUAFARM EQUIPMENT AS Organization address address: TINGVEGEN 74 city: FORDE I HORDALAND postcode: 5555 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	NO (FORDE I HORDALAND)	coordinator	1˙880˙812.00

Map

Project objective

'The vision of the NEPTUN project is to address and implement the findings of our SME Phase 1 Feasibility Study (GA#728996) to upscale, pilot, and commercialise our patented Closed-Cage Aquaculture System [CCAS] for wholly sustainable and cost-effective inshore aquaculture. NEPTUN will be the first CCAS capable of withstanding the whole grow-out cycle of fish, securing solid waste removal up to 90% (highest in the market), reducing mortality rate down to 0.4% (e.g. average rate in salmon farming in Norway: 10%) and feed costs in 10%, allowing adult fish densities of 50 kg/m3 (current limits for salmon farming in Norway: 25 kg/m3) without further depleting marine ecosystems. NEPTUN has the potential to increase e.g. global salmon production levels from current 2.2m t to 4.7m t (or 500,000t extra of fish protein), while minimizing the environmental impact of aquaculture activities (i.e. eliminate 363 t C, 45.5 t of N, and 8.5 t of P discharges from salmon farming in Norway alone). We have defined a subset of specific objectives covering final prototyping, validation, and commercialisation readiness activities. Achieving them will bring us to a wide market uptake.

1) Final prototyping objectives (WP1) to integrate and optimise the functionalities of NEPTUN’s subsystems, and deploy our prototype at our piloting facilities, raising NEPTUN TRL from TRL7 to TRL8. 2) Validation objectives (WP2) to demonstrate NEPTUN's technical and economic performance through a large-scale piloting in real-life operating settings, elevating our CCAS from TRL8 to TRL9. 3) Commercialisation readiness objectives (WP3-5) enabling us to successfully bring NEPTUN to the market and reach sales traction beyond Phase 2.

Through the NEPTUN SME Phase 2 project we will significantly boost the growth in our company. We estimate that by year 5 after project closure, we will reach annual revenues of €411m, generate at least 76 new full-time positions, and accumulate profits of €127m, with 12.11 ROI.'

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The information about "NEPTUN" are provided by the European Opendata Portal: CORDIS opendata.