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The European Investment Bank (EIB) has granted venture-debt financing to the Munich-based aquaculture company, to support expansion and technology development.

Onda, formerly the Center for Aquaculture Technologies Canada (CATC), has announced a new satellite location in Brazil to focus on shrimp, the "fastest-growing segment in aquaculture".

BioMar, Inve Aquaculture, Nicovita, MSD Animal Health, and Skretting are already part of this initiative.

The Ecuador First Class Shrimp pavilion at the Fisheries & Seafood Expo 2024 in China will gather 20 companies.

According to the Southern Shrimp Alliance (SSA), a "significant" amount of the annual 1.8 billion pounds of U.S. shrimp imports are produced in IUU fisheries.

The forum was celebrated during the AquaExpo, held at the Guayaquil Convention Center in Ecuador.