Nekkar and BEWI Invest are FiiZK's main shareholders.
FiiZK
The aquaculture industry supplier FiiZK has confirmed through a press release that it will deliver two large closed fish cages to an undisclosed Norway-based fish farmer.
The closed fish cages, called 'Protectus', will be manufactured and delivered at FiiZK's headquarters in Trondheim and Mjåtveit facility outside Bergen.
'Protectus' has a perimeter of 156 meters and a volume of 30,000 cubic meters. It also has a system for automatic O2 regulation, automatic facility operation, and alerts in case of deviations.
"We are experiencing strong and increasing interest in our closed cage systems. Our concept contributes towards more sustainable aquaculture production, which resonates with the demands and expectations of our customers, authorities, and the end consumer. We are proud to be part of this development," stated CEO Jan Erik Kvingedal.
With this new system, FiiZK has improved the versions of its "Certus," "Ecomerden," and "Starfish," which have completed over 70 production cycles.
Notable features include a new floating steel collar that provides greater safety for workers, a heavy-duty PVC tarpaulin bag as the main barrier, and an additional net that prevents escapes.
To obtain fresh, lice-free water, six seawater intakes have been created at a depth of 30 meters. On the other hand, waste and feces are collected in a sludge trap at the outlet and are pumped to the surface for further handling.
Finally, a network of sensors monitors the water quality inside the cage and through the surrounding water column.
Regarding the design process, Kvingedal explained: "We have spent the past 12 months further developing and enhancing our products, streamlined our business to focus solely on closed and semi-closed fish cages, and prepared our team to provide the best possible support to fish farmers that have closed cages as part of their production strategy."
This is the first contract that the Norwegian company has secured for its 'Protectus' since Nekkar and BEWI Invest invested to become FiiZK's main shareholders.
Also, the FiiZK group sold its lice skirt production business, FiiZK Protection, to Icelandic fishing industry supplier Hampidjan. Furthermore, a month earlier it reached another important milestone with the sale of FiiZK Digital to the Norwegian seafood investment firm Bluefront Equity.
Following both transactions, the group announced it would focus on unconventional farming methods business.