May 21, 2021
US-based shrimp RAS pioneer acquires novel water treatment technology
US-based NaturalShrimp, Inc., which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced May 20 that it has formally closed the acquisition of the assets of F&T Water Solutions, LLC.
Gerald Easterling, CEO of NaturalShrimp, said, "This acquisition represents the final phase of our joint development of the electro-coagulation (EC) technology begun by F&T Water Solutions and its former president Peter Letizia. We now own and control this EC technology as it relates to all aquaculture species and applications. We plan to utilise this technology in all of our shrimp growing operations and to license to other aquaculture ventures worldwide."
Tom Untermeyer, chief technology officer of NaturalShrimp, added, "Working with F&T on this EC technology has been a rewarding adventure. With the system upgrades developed over the last several years, NaturalShrimp now has the most technologically and robust advanced aquaculture system currently in operation in the world."