Mariculture Systems

The next generation of aquaculture

An advanced technological system for open sea aquaculture, enabling large-scale production and resilient to severe storms. Fish cages around a floating platform are lowered during storms, allowing fish to continue their natural behavior.

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By: Yaron Bar-Tal
Angel Investment
Investment type:
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Category:
Food & Agro

Highlights

Highlights

The Food and Agriculture Organization of the United Nations (FAO) has issued a critical alert regarding the escalating global shortage of food resources.

Countries are urgently seeking solutions for food security, and nutritional independence is becoming a necessity alongside energy independence.

Given its exceptional animal-protein quality, fish is emerging as a premier option, leading to a significant focus on accelerating aquaculture methods. Aquaculture is projected to be one of the leading solutions.

The world is facing an increasing annual demand of more than 7 million tons of fish per year. However, current nearshore and onshore technologies are unable to meet the required demand.

The only solution is to move aquaculture operations towards the open sea, where there is no space limitation.

The transition from nearshore to offshore aquaculture is increasingly being discussed at conferences and in professional journal articles. Additionally, several major companies in the field have identified offshore aquaculture as their next growth engine.

The only current patented solution that can support genuine offshore operations is CORALIS by Mariculture Systems.

CORALIS: an Advanced, fully automated, large scale Offshore Fish Farming System

CORALIS highlights:

  • Semi-Submersible platform that can withstand extreme ocean conditions up to 17 m high waves
  • High production volume of 7,000 – 10,000 Ton of fish/year
  • Continuous operation 365/7/24
  • AI based fish growth control and monitoring.
  • Patent protected.
  • Each prospective location can be expanded into a multi-complex ranch consisting of multiple platforms.

 

 

Revolutionizing the Global Aquaculture Industry

Mariculture Systems offers a groundbreaking solution for offshore fish farming that addresses the increasing worldwide demand for finfish. Their semi-submersible platform enables the cultivation of large amounts of fish, even in harsh sea conditions with waves up to 17 meters high. During storms and high waves the fish cages are lowered to 30 meters below sea level allowing fish to dive below the stormy layers of the sea, which exhibits their natural behavior during storms. AI optimizes fish growth, maximizing yields and minimizing waste. This innovative technology offers a sustainable solution for large-scale fish farming.

 

 

Globally-Patented technology - 2 patents granted across 35+ countries

The company holds granted patents for its unique technology in more than 35 countries, including USA, Italy, Portugal, Turkey, Germany, Greece, Norway, France, Mexico, Australia, China, Israel, and more.

 

Economic Powerhouse: Efficiency, High Profitability, and Scale

Mariculture Systems prioritizes economic efficiency alongside innovation. Large-scale platforms deliver high yields (7,000-10,000 tons annually), boosted by automation and AI. This translates to high profitability and rapid return on investment. Moreover, their scalable design allows for easy expansion while reducing operational costs, making them a powerful economic player.

  

Developed in Collaboration with Leading Engineering and Other Companies

The Platform was co-developed with leading engineering companies:

A2Com – a leading Croatian Naval architecture design office. The design was led by Dr. Darko Frank.

SimFwd – A leading Greek Naval architecture design office specializing in rigs.

DanRaz engineering – a leading Israeli design office, specializing in complex design and numerical analysis.

Marin– leading Dutch firm for maritime simulations.

Ecole Centrale de Nantes. France. Pool testing of 1:20 prototype.

DNV – a classification body that specializes in third-party verification and approval of marine vessel designs. Antares is experienced in representing ship owners throughout the shipbuilding process. They assist in managing shipyard tenders for quoting the platform build, participate in negotiations, and supervise the construction of the platform.

 

Experienced Multidisciplinary team of Marine scientists, Engineers and Economists

Mariculture Systems, founded by Ex-Israeli Navy officers, boasts a team of experienced professionals in Marine biology, fish farming, naval engineering, Multidisciplinary engineering, maritime operations, projects funding, large projects execution, regulation, and more. The leading founder, Mr. Shay Brosh, retired brigadier general, brings valuable expertise from his time in the Israeli navy, managing fish farms, and developing securing plans for oil rigs. The CEO, Yaron Bar-Tal, has extensive background in marketing and executing large-scale projects, including wastewater treatment and desalination projects around the world. The team also includes experienced professionals in aquaculture, engineering, finance, and maritime operations.

 

High Market Potential

With the increasing global demand of over 7 million tons of fish, in a total market size of over 300B USD annually and due to the limitations of current fisheries and nearshore aquaculture, Mariculture Systems addresses a critical need in the market. Shifting aquaculture to the open sea, where there are no space limitations, while CORALIS is currently the leading offshore fish farm solution that withstands harsh sea conditions, has the potential to satisfy this demand and tap into the lucrative aquaculture industry. The company's focus on countries with advanced aquaculture industries and government support for offshore farms ensures a favorable market environment for their expansion.

Pitch

Pitch

The Need

The global demand for fish is rising by 7 million tons of fish per year, but traditional methods of catching and raising fish can't keep pace. This creates a fish source protein shortage, strains coastal ecosystems and threatens food security.

Conventional near-shore and inland aquaculture have limitations:

  • Nearshore water is usually relatively stagnant with low dissolved oxygen levels causing lower fish quality and health.
  • The stagnant water may create environmental pollution risks.
  • Near shore fish cages disturbs the landscaping collides with  tourism, residential and other sea-view and near shore growing demands.
  • Conventional fish cages cannot be placed in open sea because they cannot withstand stormy conditions.
  • RAS (recirculating Aquaculture Systems, which is currently the main available solution) technology for growing fish suffer from High CAPEX and OPEX and require valuable land footprint.

 

 

 

The Solution

The future of this industry is large scale offshore .

Fish grow better in open sea:

  • Fish grow in their natural environment.
  • Excellent water quality – high quality healthy fish.
  • Oceans have endless space for mariculture that can be located all over the planet.
  • Minor ecological impacts. Maybe even positive impact due to growth of natural habitat.

 

The major challenge of  aquaculture in open sea is the weather:

  • Storms, waves, currents, winds etc.
  • Conventional cages do not withstand
  • Neither due fish as their natural behavior is to dive deep during harsh sea conditions.

 

Mariculture-Systems: the Future of Sustainable Fish Farming

Mariculture-Systems' open-sea aquaculture offers a profitable and sustainable solution for large scale production of quality fish. The solution is a semi-submersible platform that can handle rough sea conditions of high waves, stormy winds and underwater currents. . During storms, the net pens holding the fish descend to 35 meters below the surface, mimicking the natural behavior of fish seeking deeper waters to get away from the stormy effected waters. This innovative system allows for year-round operation in harsh conditions,  a leading solution that eventually will be one of the future solutions replacing inferior traditional methods.

Ensuring Food Security through Sustainable Fish Farming

The company's offshore farms will integrate into the forefront of the fish farm industry creating a path for growth for major production players, which are currently suffering from many obstacles.

This method also minimizes the impact on coastal ecosystems typically stressed by conventional fish farms.

In Addition, these innovative platforms utilize clean, renewable energy sources like solar panels to power operations. Furthermore, the platform design itself fosters a healthy marine environment. By creating protected zones around the farm, Mariculture Systems may fosters the growth of marine life, promoting biodiversity and a thriving habitat.

The large-scale production capacity (7,000-10,000 tons of fish annually) is a system that enables major industry players to rapidly increase production and supports meeting the growing global demand for protein-rich seafood, insuring global and national food security and independence.

Mariculture-Systems pioneering method optimizes the growth of fish, by enabling a healthy and efficient living environment, while using state of the art AI based fish growth control algorithms and maintaining principles of ecological sustainability. The principal aim of Mariculture-Systems is to promote to the next level the required aquaculture industry demand for open sea off-shore aquaculture, while changing the aquaculture landscape, delivering a solution which enables unparalleled sustainability and remarkable profitability.

 

 

The Product and Technology

The product is a semi-submersible rig from which a universal net pen system is hung.

This universal net pen (cages) structure can be adopted to grow different fish species.

 

The Rig leans on the engineering development of the oil industry in recent decades enabling solutions that can withstand rough sea conditions.

 

The operating principle is that during storms, the net pens are lowered from the sea surface down to a depth of 35 meters below sea level. This allows the fish to exhibit their natural behavior of diving deeper during storms. This principle (and others) is protected by two patents registered in 35 countries. Those solutions were already implemented in different methods of operations and therefore are proven to fully function.

 

Both in the upper nets pen mode in calm seas and in the lower mode in rough seas, automatic feeding of the fish continues, monitored, and controlled by integrated video and acoustic systems with AI continuous improving performance of the fish growth. 

Due to the scale of operation in each platform, it enables implementing the most advanced solutions for feeding, AI algorithms, monitoring, cleaning and all other aspects of industrial automated factory.

 

Key features of their solution include:

Specious versatility: The universal net pen system can be adjusted to accommodate various fish species and sizes, from relatively small fish like seabream and sea bass, thru medium size fish like yellowtail and Salmon up to very large Tunas.

Harsh Sea Condition Tolerance: The semi-submersible rig can withstand harsh sea conditions, including waves up to 17 meters high. This allows for fish farming in open sea locations where traditional methods would be impractical or impossible.

Storm Resilience: During storms, the net pens are lowered to a depth of about 35 meters, allowing the fish to exhibit natural diving behavior. This reduces stress on the fish and a prevents mortality.

AI optimization: The system includes AI algorithms for feeding and growth optimization. Integrated video and acoustic systems monitor and control feeding, ensuring optimal growth rates and minimizing waste.

Sustainability: Fish have significantly lower carbon emissions compared to other animal protein sources, with emissions typically ranging from 10% to 15% when compared to beef. In addition to this, open-sea fish farming does not require land or freshwater resources. By incorporating off-grid alternative power sources, the CORALIS platform serves as a sustainable fish factory that plays a significant role in mitigating global warming.

Automated Production Facility lowers operational costs and boost profitability

Designed for scalability and productivity through shared infrastructure

 

Media Coverage

 

Team

Team

Shay Brosh
Founder
Retired Brigadier general in the Israeli navy. Among other roles Shay was the commander of the navy seals (Shayetet 13). Shay had a period of managing the fish farm in kibbutz Hagoshrim and after retiring from service he developed securing plans for oil rigs in the golf of Mexico and Israel. These three stages in his life (rigs, fish and sea) led him the innovative concept of the company’s ground breaking solution. Shay has no longer active role in the company, except for consulting the CEO as needed.

Yaron Bar-Tal
CEO
Yaron has an MSc in Mechanical engineering and an MBA. Yaron has vast experience in managing large and complex multidisciplinary projects. In his last role prior to joining Mariculture systems Yaron was the CEO of Fluence Water Israel. There he led development, sales and execution of large waste water treatment and desalination project around the world, including project development and financing.

Dolev Cohen
CFO
Dolev is a certified CPA. In his roles at Ormat Industries, Dolev led the economic department and specialized, among other things, in financing large, complex projects.

Evyatar Snir
Chief marine Biologist
Evyatar is a highly experienced marine biologist (MSc) who, over the last 30 years, has built, operated, and managed aquaculture farms in Israel and around the world.

Guy Shavit
CTO
Guy Shavit is a mechanical engineer with 30 years of experience in R&D and in building aquaculture systems and farms.

Amir Mushkat
COO
Amir Mushkat, a first officer in the commercial fleet, has extensive experience in all aspects of maritime operations. He also served as the sales and service manager of a large communication company, where he managed hundreds of people.

Updates

Updates

Currently there are no updates in this pitch

The financing rounds, made through the ExitValley platform, are in accordance with a model of statutory exemption from publishing a prospectus pursuant to sections 15A(A)(1) and 15A(A)(7) of the Israeli Securities Law - 1968.
Under this model, the disclosure of detailed information on the company and information about the investment in each round of financing are limited to not more than 35 investors, who are not qualified investors, and the round of financing is not in the format of an offering arrangement ("רכז הצעה"), as defined in the Securities Law.
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