Iris Energy (Aquatech Division) entered into a global strategic collaboration agreement with Clewer Aquaculture to leverage the respective companies' complementary strengths to build and operate high-tech RAS fish farms.
Clewer Aquaculture designs, builds and commissions RAS technology for fish production facilities. Iris Aquatech Division is engaged in setting up directly or through its affiliates and subsidiaries, production facilities of fresh and saltwater fish species, using high technology-based recirculation systems, in various locations in various countries.
The mother company, Iris Energy LLC, is a design and product development company focusing on commercial solutions involving algorithms, advanced electronics, power, communications, electric vehicles, artificial intelligence, robotics and machine vision. In recent years, Iris Energy has additionally focused on the integration of high technology solutions, into the food, agriculture, and water-based industries to promote food security and water security-based businesses, with an eye on securing the best interests of consumers around the world for their future food and water needs.
Iris Aquatech Division is already in advanced stages of discussion with various interested parties to set up land-based RAS fish farms in some countries in Europe, Africa, and Asia - specifically in India, Central Asia and GCC. Some of these projects will be self-financed and others will have local financial partners participating in the projects.
“The strategic partnership between Iris and Clewer is set up principally to leverage the respective companies' complementary strengths, build and operate high-tech RAS fish farms, close to consumption markets, and provide the variety needed to satisfy the appetites of consumers around the globe,” said Shyam Mohan, executive director of Iris Aquatech Division.
According to Deepak Chandran, president of Iris, “this collaboration will facilitate Iris Energy integrating its high technology capabilities in specialty sensors, agtech, traceability, and IoT 5.0 solutions with the RAS technologies of Clewer Aquaculture, to create state of the art and future proof fish farms, produce high quality best in class fish protein for consumers.”
Riitta Myyra, managing director of Clewer Aquaculture said, “we will be happy and honored to combine our biological water treatment systems and over 40 years of experience in aquaculture to modern high-tech solutions developed by Iris Energy. This will tick all the boxes expected by societies in the future around the world – environmentally friendly and sustainable food production with small to negligible carbon footprints, without hormones, and maximum water reuse.”