Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
If you would like to send us an article, contact Margaret Stacey
   


Sea Lice Laser Company Obtains Fresh Capital

  (NORWAY, 12/21/2016)

Pareto Securities has recently completed a placement in Stingray Marine Solutions AS in which the company wanted to obtain USD 2.3/3.4 million to strengthen its investments in technology for the aquaculture industry. But the offering was increased due to great interest and ended at about USD 5.2  million in new investment, giving Stingray a solid capital ahead, said Stingray in a statement.

The company produces an Optical delousing (Optical Sea Lice Treatment™) using a camera vision, advanced software and laser, that can remove individual sea louse from the fish in a gentle and efficient way.

Optical delousing is a new, gentle and sustainable method for controlling the amount of sea lice in net pens. Using camera vision, software and laser allow for fully automatic louse removal from the fish.

Investors have gotten closer insight into the company's breakthrough technology and the development for automated lice counts and safer biomass measurement.

 The Stingray node.

"We now see that farmers increasingly are aware that loss of profit, as a consequence of repeated manipulations by delousing, and is just as important as the direct and indirect treatment costs," said CFO of Stingray Marine Solutions, Geir Inge Rødseth.

Rødseth also said that those who now focuses on the revenue side as well as the expenditure side, in a short time enough to conclude that investments in the Optical Sea Lice Treatment will get a very fast return and profit.

The company revealed that has been joined by investors from Trondheim, Bergen, Stavanger and Oslo, many of them already have significant investments in the aquaculture industry.

Investor Grunde Eriksen, the investment company Altitude Capital, who represents several of the new investors, said that he is convinced by  Stringway's innovative technology and highly skilled employees.

"We believe that Stingray will provide important solutions and increased profitability for both individual farmers and automation of the entire industry", said Grunde Eriksen, who is impressed with the continuous improvement of Stingray's technology.

Stingray is a gentle alternative that improves fish welfare. With eye-protection embedded in the software and a laser that is custom-made for this purpose, optical delousing will set a new standard in automatic treatment and delousing of fish in their natural habitat.

"Now we support the company so it can grow further and help the aquaculture industry forward," he added.

"Pareto has been an advisor and facilitator in the process and we have been impressed by Stingray, their teams and ambitions, which we seem to share with the strong investors who have joined the team", says Kristoffer Jordheim, from Pareto.

Stingray Marine Solutions' CEO, John Arne Breivik said, "We look forward to developing the company further with new solutions, international commitment and not least contribute to increased profitability for all the farmers who use the Stingray's technology."

About Stingray Marine Solutions AS

 Stingray's optical delousing.

Stingray Marine Solutions AS is based on entrepreneur Esben Beck's patented idea from 2010 for the removal of sea lice by means of camera vision and laser.

It all began in his basement back in 1999. After over 10 years of deliveries to demanding oil, gas and offshore customers, it became natural to start investing in their own products.

Beck Engineering chose to establish and develop its own sea lice project, and design, produce, develop software, perform tests and installations at their own premises and based on internal resources.

Stingray Marine Solutions AS is the subsidiary of Beck Engineering, and from 2013 onwards, they continue to develop the project that has already gained significant recognition from various sources.

Source: Stingray Marine Solutions AS

editorial@fis.com
www.fis.com


Information of the company:
Address: Staalfjaera 5
City: Oslo
State/ZIP: (NO 0975)
Country: Norway
Phone: +47 22 16 18 70
E-Mail: mail@stingray.no
More about:


Location:



 Print


Click to know how to advertise in FIS
MORE ARTICLES
Thai Union “Highly Commended” for Sustainability Efforts at Ethical Corporation Awards
20 Years on Over 400 fisheries Engaged with the MSC
Sixty South Salmon Receives “Good Alternative” Rating from Seafood Watch
Louisiana Seafood Promotion & Marketing Board Seeks New Look Through Student Design Competition
Handy Seafood Celebrates 100th Season of Soft Shell Crab Processing
PADI Joins Global Ghost Gear Initiative to Combat Lost and Abandoned Fishing Gear
Survey: Gender on the Agenda of the Seafood Industry
Slapfish Showcases Responsibly Farmed Tilapia
Tallink Silja Becomes the World’s First Cruise Line to Serve MSC Certified Seafood
Coles Awarded Best Sustainable Seafood Supermarket in Australia
DHL Doubles Airfreight Capacities to Support Fast Growing Norwegian Seafood Exports to Asia
The Co-op Launches Sustainable Farmed Salmon Initiative
Seafood Watch Recommends B.C. Farm-Raised Atlantic Salmon as a Good Alternative
Alimentsa Approved to Join BioMar
Bristol Bay Sockeye Fishermen Harvest 37 Million Sockeye
Top 3 Emerging Trends to Impact the Canned Seafood Market in the Next Five Years
Aller Aqua Launches Power2
World’s First MSC Certified Pearls Confirms Sustainability of Intergenerational Fishery
Creation Gardens Announces Acquisition of Bluefin Seafoods
Survey Says: Americans Will Splurge on Sustainable Seafood
More Articles...

Lenguaje
FEATURED EVENTS
  
TOP STORIES
EU audit speeds up fishing sector's thorough checks
Thailand Thai authorities have been urged to boost the fishing sector ahead of a visit by European Union representatives to audit the country's measures against illegal fishing next month.
South Pacific RFMO highlights improved horse mackerel biomass
Chile The Undersecretariat of Fisheries and Aquaculture described the announcement of the South Pacific Regional Fisheries Management Organisation on the horse mackerel status as good news.
WTO panel rules against South Korean ban on Japanese seafood imports
Switzerland South Korea is considering appealing the World Trade Organization panel ruling in favour of Japan over its import restrictions on Japanese seafood after the 2011 Fukushima nuclear disaster.
Over 400 fisheries participate now in MSC program
United Kingdom The Marine Stewardship Council is celebrating its 20th anniversary by releasing a special edition of its Annual Report, showing that more than 400 fisheries, landing 14 per cent of global marine catch by volume, are now engaged in its program.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2017 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER