Iceland: merger aims to scale AI-driven aquaculture solutions

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Editorial Staff

Icelandic aquaculture technology firms merge under Ration brand.

Two Icelandic aquaculture technology companies, Aquaculture Technology Innovation (ATI) and Ration, have merged and will operate under the Ration name, according to a company statement.

The combined business will focus on equipment for live fish counting and feed monitoring, targeting the global aquaculture market.

The merger is intended to strengthen the companies’ position in a segment where artificial intelligence and imaging technology are increasingly used to address production challenges, particularly in areas such as counting, size measurement and defect detection.

Ration said its feeding solution for land-based farms is designed to improve feeding precision and reduce waste through automated decision-making.

The system measures appetite in real time by counting uneaten pellets in the outlet flow and adjusts feeding levels accordingly. Improved control over feeding is expected to support water quality and reduce operating costs.

The company added that its system uses above-water camera installations, which it said helps maintain image quality and simplifies maintenance.

In addition to feeding solutions, the company has developed systems for automated egg counting and inventory management.

The system handles eggs on a conveyor belt rather than relying on manual methods, increasing throughput and reducing the risk of human error. Image data from each session is stored in the cloud, providing traceability and enabling verification.

A third product, a real-time fish counting system using computer vision and artificial intelligence, is scheduled for launch in the third quarter. The system is designed to support high throughput while minimising handling of live fish.

Key personnel in the merged company include technical product managers Thorvaldur Petursson, Gunnar Sigurdsson and Elias Sigurdsson, head of innovation Hans Atlason, office and marketing manager Bjorg O. Asgeirsdottir, and sales and service manager David Jarron.

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