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Sign uptru Shrimp
A more sustainable aquaculture process to provide the world with healthy Shrimps
- About Company
tru Shrimp
A more sustainable aquaculture process to provide the world with healthy Shrimps
Label Date
October 26, 2020
From
United States
Maturity stage
TRL 9 / CRI 2 - Commercial Trial Small Scale
tru Shrimp is the first commercial-scale, shallow-water indoor shrimp farming technology in the United States. The solution produces superior-quality shrimp through a developed and patented land-based shrimp aquaculture technology. Shrimp grown with this method are traceable, sustainable, and antibiotic-free. By combining disruptive aquaculture technologies with operational expertise, tru Shrimp is capitalizing on shifting market paradigms to disrupt the U.S. shrimp market. Collectively referred to as Tidal Basin™ technology, tru Shrimp deploys three existing patents, one pending patent, and three to-be-filed patents that far exceed the performance of traditional RAS technology to create the most stable and efficient shrimp growing environment in the world. The solution aims to produce the highest quality, most sustainable shrimp in the world using the technological capabilities and overall business model developed within the company.
The Environmental Benefits
- •Growth rates 81% better than the best ponds in the world
- •Survival rates 32% better than the best ponds in the world
- •Water is reclaimed and reused in the tru Shrimp system
- •GHG emission rate 69% lower than extensive ponds
- •GHG footprint of 11.8 kg of CO2 per kg of shrimp, 69% lower than Extensive
- •Tidal Basin technology reuses nearly 100% of water addressing the world's growing demand for water.
The Financial Benefits
- •Projected EBITDA of $60+ Million annually with a 4.4 year payback period
- •Each harbor produces 4.3 million pounds of shrimp and approximately 20,000 pounds of Chitosan
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Company Profile
The tru Shrimp Company
tru Shrimp challenged standard shrimp practices to bring a cleaner, safer shrimp to your family’s dinner table.
Headquarters
Balaton, MN 56115, USA
Type
Company
Networking Partner
Boundless Impact Research & Analytics
The Solar Impulse Foundation and Boundless collaborate to give those companies that Boundless already evaluated for their superior environmental performance an opportunity to apply for this label in an expedited fashion. Through that streamlined process, clean tech companies gain access to new international markets and increased visibility and easier access to the Solar Impulse Foundation’s community of investors, and global business partners.
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator The tru Shrimp Company has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.