Tag Archives: aquaculture

KYield and Praxis form Strategic Alliance to Convert Oil & Gas Platforms for Offshore Aquaculture and Renewable Energy Production

RIO RANCHO, N.M. /ScoopCloud/ -- KYield, Inc. announced today a strategic alliance with Praxis Drilling and Completion, LLC, for the purpose of converting offshore oil and gas platforms to sustainable food and energy production.

"KYield has performed deep dives in AI for most industries, including energy and offshore platforms following the Deepwater Horizon oil spill," said Mark Montgomery, founder and CEO of KYield. "We're pleased to form a strategic alliance with Praxis to apply our KOS as the AI OS for offshore platforms."

The KOS is a data-centric AI OS with embedded governance, security, prevention, and automation. The modular system design is universal and can be applied at any scale, from the largest enterprise to small teams or industrial applications.

Praxis is an experienced offshore specialist based in Texas. The company is in discussions to convert existing platforms to aquaculture and low-carbon energy production. The alliance agreement provides limited exclusivity for the KOS to be used for offshore platform conversions, and extends a minority equity position to KYield in a new entity that will own and operate the platforms.

"We anticipate extensive use of automation for cost savings made possible with the KOS, and to aid in health, safety, environment, and quality," said Robert Young, CEO of Praxis. "There are over 5,000 offshore platforms to be decommissioned. Our aim is to recycle platforms for social benefit in developing nations by producing sustainable food and energy."

The initial focus for the alliance is to convert idle offshore platforms to other uses, including for off-shore fish farming and renewable energy such as green hydrogen. KYield will provide precision third-party analytics, monitoring, and reporting to blue and green bondholders, and for ESG certification.

About KYield:

KYield is a pioneer in AI systems with 25 years of research and development. The KOS is a data-centric AI OS with a patented core that is ready to scale. The Synthetic Genius Machine (SGM) is a patent-pending AI system that will provide specific superintelligence as a service when commercialized. More information about KYield is available at https://kyield.com.

About Praxis:

Praxis is a trusted technical advisor to some of the world's most dynamic exploration and production companies. Visit www.PraxisEP.com to learn more.

KYield, Inc. announced today a strategic alliance with Praxis Drilling and Completion, LLC, for the purpose of converting offshore oil and gas platforms to sustainable food and energy production. The KOS is a data-centric AI OS with embedded governance, security, prevention, and automation.

Related link: https://kyield.com/

Midland Co., Iowa Shrimp Production Update

STORY CITY, Iowa /ScoopCloud/ -- Located in the heart of the Midwest, Midland Co. continues to stock shrimp in the production facility in preparation for regular monthly production. Midland Co.'s mission is to raise sustainable, ethical, and delicious seafood.

Midland Co. has installed its patented innovative Algae-Based RAS(™ (recirculating aquaculture systems) filtration technology in both the nursery and grow-out systems.

The Company will be stocking the fifth batch of postlarvae (PL) shrimp at the nursery in Story City on August 19, 2021. The fourth harvest is projected to serve local customers early September 2021.

Midland Co. currently operates on a waitlist system for shrimp sales. Demand has continued to outpace supply. Midland is looking forward to the expansion and construction of the rest of the 20,000 square foot facility and the ability to put fresh shrimp on tables across the Midwest.

To learn more visit: http://www.midlandseafood.com/

About Midland Co.:

Midland Co. is a privately held aquaculture company founded in 2018. The company uses Algae-Based RAS(tm) technology to produce fresh shrimp. Midland has successfully completed pilot trials to prove out the technology concept and is currently in the construction phase of a commercial demonstration production facility to be a model for future contract grow-out systems.

Located in the heart of the Midwest, Midland Co. continues to stock shrimp in the production facility in preparation for regular monthly production. Midland Co.'s mission is to raise sustainable, ethical, and delicious seafood.

Related link: https://www.midlandseafood.com/

Midland Co. Launches Modern Production Facility in Story City Bringing Fresh Local Shrimp to the Midwest

STORY CITY, Iowa /ScoopCloud/ -- Located in the heart of the Midwest, Midland Co. (formerly known as Kimle Aquaculture) announced the launch of an innovative land-based shrimp production facility in Story City, Iowa. Midland Co.'s mission is to raise sustainable, ethical, and delicious seafood.

Using innovative Algae-Based(TM) RAS (recirculating aquaculture systems) technology, Midland shrimp are responsibly raised and free of hormones, antibiotics, and chemicals. Pacific white shrimp is a warm water species that have a robust flavor profile with a lobster-like richness - sweet but earthy, tender yet firm. Being fresh (yes, never frozen), the shrimp's natural flavors are expressed. Midland's shrimp are delivered tank-to-table as a part of Midland's innovative delivery model.

Midland's technology simplifies RAS systems with a new, innovative technology- algae-based wastewater treatment. The algae captures nutrients from water and carbon from the air, leaving the water purified and oxygenated in a single one-step wastewater treatment system. The nutrient-dense algae are then recovered to be used as an alternative regenerative fertilizer. This zero-discharge technology makes it one of the most sustainable forms of aquaculture today.

The commercial demonstration facility is undergoing construction with Accurate Development as the lead construction partner for current and future facilities. The 20,000 square foot facility will be the model for future contract grower-out facilities. Each facility has the capacity to produce 80,000 pounds of shrimp annually. Midland's contract grower model will work with Midwest family farms to integrate shrimp production into their enterprises. Shrimp contract grow-out production is a high-value opportunity that will diversify farm operations, increase profitability, and engage families across generations.

"Midland Co. is an impressive venture that has made significant strides in a short period of time," commented Jared Johnson, a member of Accurate Development. "I believe in the technology, product, and team of Midland Co. and know that this company will have a high impact for Iowa and is a huge opportunity to diversify protein production and build future regenerative agriculture opportunities."

Midland Co. looks forward to putting fresh shrimp on tables across the Midwest.

To learn more visit: https://www.midlandseafood.com/

About Midland Co.:

Midland Co. is a privately held aquaculture company founded in 2018. The company uses Algae-Based RAS(TM) technology to produce fresh shrimp. Midland has successfully completed pilot trials to prove out the technology concept and is currently in the construction phase of a commercial demonstration production facility to be a model for future contract grow-out systems.

Located in the heart of the Midwest, Midland Co. (formerly known as Kimle Aquaculture) announced the launch of an innovative land-based shrimp production facility in Story City, Iowa. Midland Co.'s mission is to raise sustainable, ethical, and delicious seafood.

Related link: https://www.midlandseafood.com/