Minnowtech Revenue and Competitors

Shrimp farmers need to be able to better control the health of their crop. To do that, they need better data. Minnowtech is developing a subsurface biomass reading technology that enables shrimp farmers to improve efficiency and profitability in Pacific White-Leg (Litopenaeus vannamei) aquaculture. Shrimp farming is a significant pillar of the global food chain, but it’s a tough business. Aquafarmers struggle with high risks and low profits. Existing industry technologies do not provide enough useful data, so farmers are often left guessing about how many shrimp to stock, or how much and how often to feed them. And they can miss early signs of devastating events like disease outbreaks. These risks also deter would-be farmers, and impede industry growth. Minnowtech’s product will combine underwater sonar sensors and species-specific algorithms to provide actionable data to aquafarmers.