SAKLAS | Feasibility of Salmon and Kingfish Land-Based Aquaculture Systems, Phase 1

Summary
SAKLAS will mature and validate a disruptive, cost-effective, and 100% sustainable Recirculating Aquaculture System [RAS] concept for farming two high-value fish species, Atlantic Salmon [AS] and Yellowtail Kingfish [YK], solving critical production problems related to current RAS-based farming methods.

SAKLAS is a major operational and technical advance in the EU, offering reductions in investment and operational costs of 20-50% and 15% (respectively) higher and stable biomass densities (60-90 kg/m3) with lower mortality rates (8%) and reduced environmental impact (e.g. phosphorous release is minimized to 1.5 mg in 100 m3/h outlet water flow). These numbers make SAKLAS the unbeatable and first profitable RAS solution for AS and YK grow-out worldwide, opening doors for farming warm water fish species (such as YK) in northern latitudes for the first time. We estimate that by the end of 2023 (5 years after project completion) we will have reached an accumulated revenue and profits of €95.6m and €26.3m, and generated at least 18 new full time employments [FTE].

At this state, a Phase 1 grant is sought to verify SAKLAS market potential, as well as its technical and economic viability. The main activities of our Feasibility Study are:

- To elaborate a market, competitor and IPR analysis.
- To perform cost assessment for optimal positioning of our products (AS and YK) in the market.
- To establish the requirements (technical, legal, etc.) for final the integration and testing of SAKLAS in a real operational environment, and to formulate a Project Execution Plan for implementation of the envisaged Phase 2 project.
- To evaluate investment requirements post Phase 2 project, secure financing sources, and develop a detailed Business Plan.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/735743
Start date: 01-08-2016
End date: 31-01-2017
Total budget - Public funding: 71 429,00 Euro - 50 000,00 Euro
Cordis data

Original description

SAKLAS will mature and validate a disruptive, cost-effective, and 100% sustainable Recirculating Aquaculture System [RAS] concept for farming two high-value fish species, Atlantic Salmon [AS] and Yellowtail Kingfish [YK], solving critical production problems related to current RAS-based farming methods.

SAKLAS is a major operational and technical advance in the EU, offering reductions in investment and operational costs of 20-50% and 15% (respectively) higher and stable biomass densities (60-90 kg/m3) with lower mortality rates (8%) and reduced environmental impact (e.g. phosphorous release is minimized to 1.5 mg in 100 m3/h outlet water flow). These numbers make SAKLAS the unbeatable and first profitable RAS solution for AS and YK grow-out worldwide, opening doors for farming warm water fish species (such as YK) in northern latitudes for the first time. We estimate that by the end of 2023 (5 years after project completion) we will have reached an accumulated revenue and profits of €95.6m and €26.3m, and generated at least 18 new full time employments [FTE].

At this state, a Phase 1 grant is sought to verify SAKLAS market potential, as well as its technical and economic viability. The main activities of our Feasibility Study are:

- To elaborate a market, competitor and IPR analysis.
- To perform cost assessment for optimal positioning of our products (AS and YK) in the market.
- To establish the requirements (technical, legal, etc.) for final the integration and testing of SAKLAS in a real operational environment, and to formulate a Project Execution Plan for implementation of the envisaged Phase 2 project.
- To evaluate investment requirements post Phase 2 project, secure financing sources, and develop a detailed Business Plan.

Status

CLOSED

Call topic

SMEInst-08-2016-2017

Update Date

27-10-2022
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Horizon 2020
H2020-EU.2. INDUSTRIAL LEADERSHIP
H2020-EU.2.3. INDUSTRIAL LEADERSHIP - Innovation In SMEs
H2020-EU.2.3.1. Mainstreaming SME support, especially through a dedicated instrument
H2020-SMEINST-1-2016-2017
SMEInst-08-2016-2017 Supporting SMEs efforts for the development - deployment and market replication of innovative solutions for blue growth
H2020-SMEINST-2-2016-2017
SMEInst-08-2016-2017 Supporting SMEs efforts for the development - deployment and market replication of innovative solutions for blue growth
H2020-EU.3. SOCIETAL CHALLENGES
H2020-EU.3.2. SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy
H2020-EU.3.2.3. Unlocking the potential of aquatic living resources
H2020-EU.3.2.3.0. Cross-cutting call topics
H2020-SMEINST-1-2016-2017
SMEInst-08-2016-2017 Supporting SMEs efforts for the development - deployment and market replication of innovative solutions for blue growth
H2020-SMEINST-2-2016-2017
SMEInst-08-2016-2017 Supporting SMEs efforts for the development - deployment and market replication of innovative solutions for blue growth
H2020-EU.3.2.5. Cross-cutting marine and maritime research
H2020-EU.3.2.5.0. Cross-cutting call topics
H2020-SMEINST-1-2016-2017
SMEInst-08-2016-2017 Supporting SMEs efforts for the development - deployment and market replication of innovative solutions for blue growth
H2020-SMEINST-2-2016-2017
SMEInst-08-2016-2017 Supporting SMEs efforts for the development - deployment and market replication of innovative solutions for blue growth