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"Aquaculture, not the Internet, represents the most promising investment opportunity of the 21st Century."

- Peter Drucker, Management Expert & Economist


Veolia to expand its RAS system to USA

Global water and energy firm Veolia Group is working with interested companies to set up its RAS systems in the US for the first time.

The company has built its RAS 2020 systems in Switzerland and Denmark, and Willetts said it will likely make its first moves into building in the US soon. 

The RAS tanks are designed to produce 1,200 metric tons of fish per year, and to have a low capital expenditure cost. 

It is also unique in that it allows for a greater density of fish, and has dividers that allow growers to separate their fish in the same tank. It also uses no underground piping, which makes building costs relatively low. 

"We want to make this the mainstream in the industry," TJ Willetts of Veolia said. 

Willetts was unable to disclose the individual companies interested, but said there are about five that have expressed serious interest.