$RSHN RushNet Licensing Partner Royal Caridea Achieves the

New Post Public Reply Private Reply Replies (0) Message Board
louied91
282
$RSHN RushNet Licensing Partner Royal Caridea Achieves the Fastest Shrimp Growth Rate in the Aquaculture Industry Reaching 42 Grams in 90 Days

https://www.accesswire.com/843655/rushnet-lic...in-90-days

PHOENIX, AZ / ACCESSWIRE / March 18, 2024 / RushNet, Inc (OTC PINK:RSHN) proudly announced today that Fuel Tech, Inc. of Warrenville, IL, has published a white paper detailing the successful trial at Royal Caridea's Gila Bend, Arizona facility suggesting that the use of Fuel Tech's DGI® Dissolved Gas Infusion Gas Infusion technology can dramatically increase total shrimp production compared with traditional aeration methods.

For a copy of the white paper, please click on the following link: https://bit.ly/FuelTechDGITrialWP

The trial included the use of Fuel Tech's DGI® technology as a critical component of Royal Caridea's water treatment process and resulted in the impressive growth of shrimp to 42 grams in just 90 days. This outcome demonstrated the significant potential of Fuel Tech's innovative technology to revolutionize the aquaculture industry.

Royal Caridea's aquaculture production technology is unique compared to other shrimp growers because of aeration by dissolved gas infusion, biology-free water reprocessing, and its 90-day benchmark. Notably, Royal Caridea is not solely producing extra-large and jumbo shrimp; its system produces 4 cycles per year using an eight stacked raceway system (SRS) based on this 90-day production cycle. This system enables rapid growth rates and low cost of goods sold, which gives Royal Caridea the potential to make their wholesale and retail pricing highly competitive for a largely unmet market of fresh never frozen and live shrimp. In contrast, outdoor producers in Texas usually target only 2 cycles within a year, and no known producer completes 3 or more harvests in a single year. The Royal Caridea system can provide fresh never frozen shrimp daily.

As previously announced, RushNet has recently signed an exclusive licensing agreement for the United States and Canada, giving them the rights to the Royal Caridea technology. Royal Caridea LLC is a limited liability company based in Arizona, established in 2009 under the laws of the state of Delaware and Arizona. The company has secured over $8 million in funding from accredited investors in both the United States and Europe and has received a significant loan from the United States Department of Aquaculture ($2.7 million USD) in 2020, which adds to its credibility. Royal Caridea LLC claims to have developed the world's leading aquaculture technology production system.

Mr. Cunha, who was recently appointed as Chairman and CEO of RushNet, said, "We are pleased to announce these growth rates. When a Royal Caridea aquaculture application had the need for an oxygenation process, we were pleased to have the opportunity to work with Fuel Tech as our collaborative partner."

The water treatment system for the Royal Caridea stacked raceway using the DGI® technology allows for a dissolved oxygen (DO) set point to be independently established for each raceway. As the oxygen demand increases, additional oxygen is infused to maintain a steady DO level. Since the aeration is done using a dissolved oxygen system, oxygen is immediately available, minimal oxygen loss occurs due to bubbling off and the shrimp are provided with a consent level of oxygen to enhance shrimp growth. Using the DGI® system, it was demonstrated that the DO could be maintained at levels well beyond those achievable with other systems. Shrimp grew rapidly, and their size and color were closely matched, with no signs of stress observed. The outgrowth was carried out at DO levels ranging from 9.5mg/L to 11.5mg/L.

Mr. Cunha emphasized the importance of carefully controlling all the parameters of the system to grow shrimp on an economic basis almost anywhere in the world. He also stressed the need to carefully distribute and monitor oxygen levels within the system, which is often overlooked. Fuel Tech's DGI® technology proved to be highly effective, and it is expected to be installed at every location in the United States and Canada where the Royal Caridea technology is used.

Rushnet Inc (RSHN) Stock Research Links

RSHN Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Lyric Health's AI System Promises Data-Driven Revolution

Updated Category News Views 6

A Bold Step in Healthcare Coordination No doubt about it, healthcare is a mess. It's like trying to patch a leaking ship with duct tape—point solutions here, add-ons there, and nothing truly working in harmony. And in storms in Lyric Health, claiming they've got the answer. They've launched an AI-powered Healthcare Operating System meant to unify these disjointed pieces...

Continue Reading
Medicare Competitive Bidding May Slash Jobs, Access

Updated Category News Views 5

Medicare's New Program: Potential Knockout Punch? Today, we dive into Medicare's latest shake-up that might just be the unseen wrecking ball swinging toward thousands of jobs and small businesses in the healthcare sector. Two years from now, starting January 2028, the Competitive Bidding Program is set to reroute the entire landscape for suppliers of key medical products...

Continue Reading
Red Banyan Earns Top Honors in Florida for 2026

Updated Category News Views 8

Red Banyan: A Powerhouse in Reputation Management Boy, have you ever watched a company rise through the ranks almost like a caffeine kick on a drowsy morning? That's Red Banyan for you. This outfit, right out of Fort Lauderdale, snagged the '2026 Best of Florida' award as the cream of the crop in the Business Consulting Firms category. It’s like taking home an Oscar in...

Continue Reading
OrthoAtlanta Expands with Dr. Smith's Expertise Hire

Updated Category News Views 5

OrthoAtlanta Welcomes New Orthopedic Surgeon In a world where healthcare organizations are constantly stretching their wings, this new addition of Dr. Carson J. Smith to the fold at Piedmont Orthopedics | OrthoAtlanta stands out. This isn't just some cosmetic face-lift, folks. It's a real investment in the community, not to mention a crucial broadening of what this...

Continue Reading
Finastra Recognized as 2026 Leader in Payment Platforms

Updated Category News Views 8

Finastra Steals the Spotlight in Payments Innovation When it comes to the modern world of finance, nothing screams ‘adapt or fade into oblivion’ like the payments industry. Well, here’s a reality check from QKS Group: Finastra has snatched the spotlight in their SPARK Matrix™ for 2026 as a powerhouse in integrated bank payments platforms. Clearly, this ain’t...

Continue Reading
B2B Growth Hinges on Narrative Coherence, Study Shows

Updated Category News Views 7

Clear Stories, Stronger Growth If companies can't tell a clear story that their buyers understand and believe, they're destined to stagnate. That's the blunt reality kompeld is pushing with their H2 2026 Narrative Coherence Benchmark. The report scores 150 B2B tech companies on their narrative coherence, showing there's a stark correlation between storytelling and growth....

Continue Reading
American Savings Bank IPO Hits NYSE: $129M Raised

Updated Category News Views 14

A Big Day for American Savings Bank Buckled up yet? Because American Savings Bank has just shot onto the NYSE, raising a hefty $129 million. A solid start, I’d say, for a Honolulu-based outfit that now struts around with a valuation tipping beyond $1.03 billion. That’s what you get when you price more than eight million shares at $16 a pop. NYSE:ASBH is the new kid on...

Continue Reading
Goddess Maintenance Co. Eyes BeautyMatter Award

Updated Category News Views 6

Challenging the Haircare Norm with Confidence Goddess Maintenance Co. doesn't just draft a fresh play in the beauty industry playbook—it's ripping out the old pages and setting a new standard. This ain't your granny's haircare game anymore, folks. They're up for a 2026 BeautyMatter Award, a nod to their gut-busting innovation in the conditioner category with their star...

Continue Reading
Ransoms and Mega-Losses Surge in Cyber Claims Study

Updated Category News Views 6

Cyber Costs Skyrocket in Latest Study NetDiligence’s 2026 Cyber Claims Study isn't just another report—it’s a wake-up call. The numbers paint a stark picture: cyber incidents are burning deeper holes in pockets, and no one's immune. Whether you're a scrappy SME or a lumbering corporate giant, this report puts a magnifying glass to the chilling reality of cyber...

Continue Reading
Koogler's Sale to ALL4: A Game-Changer for the Southeast

Updated Category News Views 6

A Strategic Alignment Unfolds in Environmental Engineering Ever notice how those industry shifts often sneak up on you, only to leave a mark that's hard to ignore? That's exactly what's playing out with Koogler & Associates' recent hookup with ALL4 LLC. Set aside that coffee, this one's too important to miss if you've got a stake in the environmental consulting game or...

Continue Reading

Top 5 Most Recently Viewed Articles

Harvest Portfolios Group Announces Distributions for Investors

Updated Category News Views 41

Harvest Portfolios Group Unveils New Cash Distributions Recently, Harvest Portfolios Group Inc. made an announcement that will surely please its investors. They’ve declared a monthly cash distribution for those holding shares in Big Pharma Split Corp. Specifically, class A shareholders will receive a payment of $0.1031 per share for the month ending September 30, 2024....

Continue Reading
Tokyo's Core CPI Observes a Stable 2.0% Increase Annually

Updated Category News Views 284

Tokyo's core consumer prices climbed 2.0% in September compared to last year, marking a critical signal for traders keeping an eye on inflation trends. This CPI figure doesn’t just reflect seasonal fluctuations—it's the kind of data that keeps market players sweating over interest rates and fiscal maneuvers. Core CPI: The Market Pulse The core CPI for Tokyo is like...

Continue Reading
Canary Speech Sets New Cybersecurity Standard with HITRUST Certification

Updated Category News Views 229

Canary Speech Achieves HITRUST e1 Certification HITRUST e1 Certification validates Canary Speech's commitment to foundational cybersecurity controls and information risk management Canary Speech has recently announced the achievement of HITRUST e1 Certification for its Canary Speech Technology and Services Platform hosted on Azure Cloud Services. This certification...

Continue Reading
Alarming Trends: Canada's Rising Crime Rate Compared to U.S.

Updated Category News Views 238

Canada's Crime Rates on the Rise Recent data reveals a concerning trend regarding crime rates in Canada. A new study from an independent think tank indicates that both violent crime and property crime rates are increasing and are now higher than those in the United States. This information challenges the long-held belief that Canada is significantly safer than its...

Continue Reading
Cryptocurrency Market Trends: Should You Sell Now?

Updated Category News Views 124

Market Trends in Cryptocurrency In recent days, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) have witnessed significant declines, raising concerns among investors about whether it's time to panic sell. While market fluctuations are common, understanding the trends can help investors make informed decisions. Bitcoin's Current Position Bitcoin's...

Continue Reading