Dublin Aquatech PT Aqua Named BIM Enterprise Of The 12 Months 2025

Ireland’s aquatech commerce is current course of speedy progress and is ‘ripe for funding’, the consultants say.

Dublin-based PT Aqua has been named Aquatech Enterprise of the 12 months 2025 by Bord Iascaigh Mhara (BIM).

Based mostly in 2009, the aquatech develops feeds and dietary dietary supplements for the seafood farming commerce, specialising in personalized feed merchandise for companions. Its most recent product is a young feed with extreme moisture content material materials and extended shelf life, which is efficient for species equal to cod and halibut that often have challenge adapting to new diets, the company talked about.

“PT Aqua is honoured to have been named BIM Aquatech Enterprise of the 12 months 2025,” Paul Coyne, joint CEO of PT Aqua, suggested SiliconRepublic.com.

“The aquatech and aquaculture sector has giant potential in Ireland and abroad. We’re delighted to be an Irish aquatech agency making an have an effect on.”

Richard Donnelly, director of Enchancment and Innovation Suppliers at BIM, the Irish State firm answerable for creating the Irish seafood commerce, described PT Aqua as most important the best way wherein in aquafarming choices.

“As world leaders in dietary merchandise for marine and freshwater fish species all through the globe, the workforce at PT Aqua are renowned for his or her expertise and buyer assist. Their focus on innovation and purchaser suppliers items them except for rivals.”

PT Aqua, which has locations of labor in Sandyford and in Trondheim, Norway, acquired the award on the BIM Blue Ambition 2025 conference yesterday (23 October).

Minister of State on the Division of Agriculture, Meals and the Marine Timmy Dooley, TD, spoke on the conference about Ireland’s rising aquatech sector.

“Aquaculture is the fastest-growing meals manufacturing sector on the earth and that progress is fuelled by innovation,” he talked about.

In response to BIM, Ireland’s aquatech sector, which is worth €165m and helps 900 jobs, is on the purpose of essential progress. The sector has grown from 42 companies in 2016 to 76 by 2023.

Chatting with SiliconRepublic.com beforehand, Donnelly talked about Ireland is well-positioned to capitalise on this progress.

“We’ve a small aquaculture commerce as compared with the likes of Norway or Scotland. Nevertheless the place we’ve an precise profit is in our youthful, educated inhabitants and our tech commerce, significantly spherical pharma, genetics, financial suppliers and IT,” Donnelly talked about.

IVCA’s Sarah Jane Larkin talked about that the sector is “ripe for funding”.

“Ireland has all of the exact substances to information this subsequent wave of blue innovation with the experience, know-how and a collaborative methodology,” she talked about.

Last week, BIM hosted eight high-potential start-ups on the Aquatech Innovation Studio 2025, which is delivered in partnership with Hatch Blue. The programme provides mentoring, investor readiness teaching and entry to Ireland’s rising aquatech ecosystem.

Donnelly talked about the Innovation Studio has supported larger than 60 companies inside the last seven years, serving to them to scale sustainably, create larger than 200 high-value jobs and entice €16m in funding.

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