Nekkar ASA has been awarded a grant under Innovation Norway's Environmental
Technology program of MNOK 10 to develop, pilot and test a Closed Cage for fish
farming. The development will be done in cooperation with a renowned fish
farmer.
Nekkar's closed technology will provide multiple benefits in terms of production
control and efficiency. The lice and waste problems the industry face today can
be dramatically reduced. The cage is less capital intensive compared to land
based and offshore solutions. It can be placed in most existing locations in
addition to open up for new locations, primarily near shore.
The closed cages will give all the benefits of control of environment, fish
welfare and increased growth. In addition, the Nekkar solution will reduce the
risk of unintended escape by dual safety of the cage. The main construction
material is all flexible and light weight.
The development and piloting phase will be ongoing until 2023.
Bergen, 27 January 2020
Nekkar ASA
www.nekkar.com (http://www.nekkar.com)
Contact person:
Toril Eidesvik CEO
M: +47 900 78 218
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act