December 14th, 2020. Amsterdam, the Netherlands (for immediate release): The Kingfish Company and Billund Aquaculture have concluded the contract relating to the next expansion of The Kingfish Company’s RAS facility in the Netherlands.
The referenced expansion will commence in early 2021, will continue to build upon the proven design of the current operation, and will more than double current installed capacity.
“Based on our long history of collaboration with Billund, and their willingness to support our unique design and performance requirements, we are confident of the efficient collaboration agreed upon, and the anticipated operational results of the next step in our scale-up plan” said Ohad Maiman, founder and CEO of The Kingfish Company.
“At Billund we are proud to continue to be part of The Kingfish Company journey. Our proven technology will support the Kingfish team’s professional and committed effort to bring high quality sustainable fish to consumers. We look forward to executing the contract” said Steffen B. Jespersen, Group CEO of Billund Aquaculture A/S.
About The Kingfish Company
The Kingfish Company is a proven leader in high value seafood production, utilizing land-based RAS technology. The company sustainably produces Yellowtail Kingfish, a highly versatile seafood species, with an active vertically integrated operation in the Netherlands, and a second site in advanced permitting in Maine, planned to supply the North American market.
The Kingfish Company is trading under the ticker KING on Euronext, and relevant investor information is available on its corporate website at www.the-kingfish-company.com.
About Billund Aquaculture
Billund Aquaculture have vast experience in systems used for the production of fish, presenting ourselves as the support of the new generations of fish farmers. We are currently present in more than 26 countries, with over 150 successfully-executed projects. With offices in Denmark, Chile, Norway, Australia and the United States, our company has been a pioneer in the development of RAS worldwide and it is considered a fundamental pillar in the construction of the sustainable and efficient aquaculture of tomorrow.
Visit our website at www.billundaquaculture.com