Project Diary – nexttuna.com

Next steps going forward
- Initially farm Kingfish
- Market first Floating RAS-X system as sustainable aquaculture
- Take next steps toward Atlantic Bluefin Tuna production farm

Selection process for shipyard to build our Floating RAS-X initiated, qualified shipyards shortlisted

RAS component supplier and installation crew identified for turn-key assembly at shipyard

Feeding trials at IEO’s ABT facility in Spain, jointly with IEO and Skretting. Important step in making ABT farming more sustainable and more economically viable as it will help us to optimize feed for ABT. Our feeding trials were financed by Aquaexel.

Our work to date was recognized at BlueInvestment Day 2023: in a highly competitive pitch session, we were chosen as winners in the category “Sustainable Food and Feed from the Ocean”. BlueInvest is an initiative by the EU Commission to attract investment into the blue economy (https://www.linkedin.com/feed/update/urn:li:activity:7040938379089215488)

Floating RAS design continued, interest from other farmers, cooperation with Fraunhofer IGD to develop precision farming processes within our system

Agreements with additional world-class partners
- co-organized a world-class workshop on tuna reproduction. Our team (Jan and Paul) met with our partners from the IEO plus external tuna and fish reproduction experts from Israel, the Netherlands, Greece and Japan;

Meetings with potential customers in Spain and Malta. There is strong interest in the market for our product, juvenile Atlantic Bluefin Tuna. Entered into LoIs with existing tuna grow-out facilities as well as producers of seabass and seabream, also with retail chains and seafood distributors. We entered into a cooperation agreement with Skretting for the joint development of optimized tuna dry feed. This is a very important step towards a truly sustainable tuna aquaculture. Please see press release: https://www.skretting.com/en/news-and-stories/a-leap-forward-for-farmed-atlantic-bluefin-tuna/

Start securing land rights at two locations
We closely examine two potential sites for our farm
- Spanish subsidiary, Next Tuna Spain SL established
- We participated in various industry events. Most notably the European Aquaculture Society’s “Europe Aquaculture 2022” where Paul gave two presentations. Our intern Letizia Valluzzi presented the findings of the effluent water treatment study she produced on our behalf
- Progress on our floating RAS design – – a CFD (computational fluid dynamics) model was successfully produced. It confirms that the system delivers as designed.

Accepted into “Invest Venture Capital” program decided for the Port of Castellon, Spain

Est. 2020