Friday, 21 January 2022

Singapore based Qian Hu invests in AI aquaculture technology

04 January 2022 | News

Bosch’s AquaEasy is an AI and IoT-based solution that helps shrimp farmers increase productivity and profitability while reducing risks and costs in sustainable aquaculture

Image Source: Pexels.com

Image Source: Pexels.com

 Mainboard-listed  integrated  fish  service  provider  Qian Hu  Corporation  Limited  (“Qian  Hu”  or  “the  Group”)   announced  that  it  has  entered into  a  S$1  million unsecured convertible loan  (“USCL”)  agreement  with  AquaEasy  Pte  Ltd,  a unit  of the  Bosch Group,  a  leading  global  supplier of technology and services. About AquaEasy AquaEasy,  an  Artificial  Intelligence  (AI)  and  Internet  of  Things  (IoT)-based  solution, combines  sensors,  software,  and  services  based  on  data  analysis  capabilities  to  help  shrimp farmers  increase  productivity,  profitability  and  implement  sustainable  aquaculture  practices while  reducing  risks  and  costs.  Earlier  this  year,  AquaEasy  secured  funding  from  EDB  New Ventures,  the  corporate  venture  building  arm  of  the  Singapore  Economic  Development  Board (EDB). 

Since  2020,  AquaEasy  has  been  collaborating  with  Qian  Hu  in  achieving  an  efficient  and sustaining  shrimp  farming  system  at  its  farm  in  Choa  Chu  Kang.    Through  cloud  connection and  AI,  the  collected  data  is  analysed  in  real-time  to  provide  insights  and  recommendations  on water  quality  management,  feeding  optimization  and  harvest  prediction,  while  Qian  Hu  uses its  proprietary  patented  HYDROPURE  filtration  system  and  nanobubble  technology  to enhance  water quality. The  AquaEasy  AI  solution  has  also  been  successfully  deployed  at  many  shrimp  farms  in Indonesia  and  Vietnam.   

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