RushNet Inc (RSHN)

[Along4daride]

Shrimp farming in the desert. From the desert of Arizona, US to the deserts like Oman, in the Middle East.... New markets and opportunities are opening with growing demand for sustainably farmed seafood.

https://www.globalseafood.org/advocate/with-growing-demand-for-sustainably-farmed-seafood-oman-tests-the-waters-with-shrimp-farming-in-the-desert/

Quotes from the above link:

Royal Caridea LLC in Gila Bend, Arizona, harvested its first shrimp in the desert in fall 2020. After reconstructing a farm in disrepair, it reinstalled electrical equipment and rebuilt the ponds before developing what it calls GEN 2 Shrimp Farming Technology. The fully patented system is a closed vertical production method with columns of open-air stacked raceways.

Shrimp are grown at a depth of around 30 cm in circulating water from a large aquifer with added salt to increase salinity. As they develop, the shrimp are transferred to the raceway below. Farming begins when the postlarvae are added to a nursery and transferred to the top raceway after 20 to 30 days, while the more mature shrimp in the lower raceways are harvested. The system can raise 35-gram shrimp in 90 days. Shrimp are sold into local markets and online by the company’s marketing division Arizona Desert Shrimp.

“A vertical raceway system enables us to produce shrimp in quantities that are 10 to 100 times higher than a pond system,” said Dr. Maurice Kemp, founder and president of Royal Caridea LLC. “We are running a synchronous production system, which means that when we move the shrimp from one raceway to another, the previous raceways are immediately restocked and the grow-out continues. In effect, it continues to cycle year-round. We also use a neutral buoyancy floating feed, which enables us to see how much is being consumed or not and prevents feed from building up. We are aiming to harvest somewhere between 550 and 600 tons when build-out at our current site is complete.”