Further Details<\/title>\r\n <style>\r\n details {\r\n margin-top: 10px;\r\n }\r\n\r\n summary {\r\n cursor: pointer;\r\n color: #0066cc;\r\n text-decoration: underline;\r\n font-weight: 500;\r\n }\r\n\r\n summary:hover {\r\n color: #004999;\r\n }\r\n\r\n .details-content {\r\n gap: 10px;\r\n margin-top: 8px;\r\n padding: 10px;\r\n border-left: 3px solid #ccc;\r\n background: #f9f9f9;\r\n }\r\n\r\n .details-content img {\r\n width: 75px;\r\n height: 75px;\r\n object-fit: cover;\r\n display: block; \r\n margin-bottom: 8px;\r\n }\r\n\t\t\r\n\t\tdetails p {\r\n margin-top: 8px;\r\n padding: 10px;\r\n \/* border-left: 3px solid #ccc; *\/\r\n background: #f9f9f9;\r\n\t\t\ttext-align: justify;\r\n }\r\n\t\t\r\n\t\t\/* Hyperlinks inside the paragraph *\/\r\n details p a {\r\n color: #004999;\r\n text-decoration: none; \/* remove default underline *\/\r\n \t\t\r\n }\r\n\t\t\r\n <\/style>\r\n<\/head>\r\n<body>\r\n\r\n<details>\r\n <summary>By Dr. Sharon Gotteiner, CPA<\/summary>\r\n <div class=\"details-content\">\r\n <img decoding=\"async\" src=\"\/wp-content\/uploads\/Gotteiner.jpg\" alt=\"Sharon Gotteiner\">\r\n\t\r\n Dr. Sharon Gotteiner is a Certified Public Accountant (CPA) specializing in the assessment of the financial feasibility of new business ventures, business models, and deal structures. Dr. Gotteiner has extensive experience working with technology startups and established corporations worldwide, catalyzing strategic initiatives aimed at improving financial performance and enterprise valuation. Academic background:<\/b> PhD in Strategic Management (UIC, Barcelona, Spain). Co-author of highly cited academic publications, including <a href=\"https:\/\/www.emerald.com\/mrr\/article-abstract\/42\/11\/1259\/312406\/Fighting-organizational-decline-a-risk-based?redirectedFrom=fulltext\" target=\"_blank\" rel=\"noopener noreferrer\">Fighting organizational decline: a risk-based approach to organizational anti-aging<\/a>, <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3481359\" target=\"_blank\" rel=\"noopener noreferrer\">Turnaround types, stages, strategies, and tactics: Putting things in order<\/a>, and <a href=\"https:\/\/www.researchgate.net\/profile\/Sharon-Gotteiner\/publication\/319670872_The_OPTIMAL_MBO_A_model_for_effective_management-by-objectives_implementation\/links\/59d73f24aca27213dfa4e6c5\/The-OPTIMAL-MBO-A-model-for-effective-management-by-objectives-implementation.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">The OPTIMAL MBO: A model for effective management-by-objectives implementation<\/a><\/i>.\r\n <\/p>\r\n\t<\/div>\r\n<\/details>\r\n\r\n<\/body>\r\n<\/html>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n<\/p>\nWhat setups of RAS would yield higher financial margins? Statistics are now being collected. Share data and get data. <\/strong><\/p>\nRecirculating Aquaculture Systems (RAS) often struggle to achieve strong financial performance. As new technologies emerge, new opportunities arise to improve profitability. Each technology comes with distinct capital expenditure (CapEx) and energy requirements\u2014both of which play a pivotal role in RAS financial models. As a result, RAS viability depends on identifying the optimal combination of species (fish or shrimp) and the specific technologies applied.<\/p>\n\u00a0<\/p>\nANNUAL SALES \/ CAPEX > 1 ?<\/strong><\/p>\nFinancial models developed by Dr. Sharon Gotteiner, CPA, indicate that RAS technologies with capital expenditure (CapEx) lower than annual sales are more likely to deliver attractive returns on investment (ROI). While this key performance indicator (KPI) is intuitively compelling, it requires empirical validation. In practice, validating the KPI involves running multiple simulations of a given technology across different fish and shrimp species, as well as across diverse geographic locations.<\/p>\nWhy is this KPI applicable across geographies?<\/strong><\/p>\nFor most RAS facilities, both sales and capital expenditure (CapEx) inherently reflect local economic conditions. Sales\u2014particularly ex-factory prices\u2014are shaped by local demand for specific species, available alternatives, cost of living, competitive pressure from imports, and related market dynamics. CapEx, in turn, reflects local construction costs, labor rates, and the cost of equipment such as tanks, systems, and ongoing maintenance.<\/p>\nBy combining sales and CapEx into a single KPI, local economic effects are largely normalized. This makes the metric relatively independent of geography and therefore comparable across regions and markets.<\/p>\n\u00a0<\/p>\nANNUAL kWh \/ ANNUAL kg < 5 ?<\/strong><\/p>\nFinancial models further suggest that RAS technologies with annual energy consumption (kWh) below five times the annual kilograms sold are more likely to achieve acceptable profitability for agricultural operations. At first glance, focusing on energy consumption alone may appear overly narrow, given that RAS cost structures include many additional expense categories.<\/p>\nHowever, energy consumption serves as a strong proxy for stocking density (kg\/m\u00b3). Higher stocking densities typically drive a cascade of additional costs, including:<\/p>\n<ul>\n<li>Higher labor requirements<\/li>\n<li>Increased feed volumes<\/li>\n<li>Greater nitrite, nitrate, and ammonia loads requiring treatment<\/li>\n<li>Higher dissolved oxygen costs<\/li>\n<\/ul>\nSurvival Rates Included<\/strong><\/p>\nThe annual kilograms sold directly reflect the production capacity of any given RAS technology. This figure is net of survival rates, which themselves vary by technology. Some systems impose higher biological stress on fish or shrimp, while others incorporate isolated filtration setups that reduce the risk of pathogen transfer between tanks. Ultimately, these technological differences are captured in the final metric that matters most: the total annual kilograms sold.<\/p>\n\u00a0<\/p>\nJoin the Research<\/strong><\/p>\nThis research seeks to clarify how RAS financial performance is influenced by different combinations of species and technology. Using the two financial ratios described above, we will evaluate multiple species\u2013technology configurations and identify those that consistently outperform. The resulting insights can help strengthen the financial viability of the RAS industry and support the development of more economically sustainable alternatives to wild fishing.<\/p>\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<a style=\"color: #000080;\" href=\"https:\/\/call4pilots.com\/?page_id=417\">Contact Us<\/strong><\/a><\/span><\/p>\n<h6>\u00a0<\/h6>\nDisclaimer:<\/span> The information presented above has been provided by the companies and inventors owning the technologies and products being presented, and is shared here for informational purposes only. Call4Pilots authors and\/or the owner of this website do not independently verify the accuracy, completeness, or reliability of the information presented. Readers are advised to conduct their own due diligence and seek professional advice before making any business decisions or relying on the information provided. By using this information, you acknowledge and agree that Call4Pilots authors and\/or the owner of this website shall not be held liable for any errors, omissions, or outcomes arising from the use of this information and that you waive any future claims related to it.<\/span><\/p>\n<\/div><\/div>\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"What setups of RAS would yield higher financial margins? Statistics are now being collected. Share data and get data. Recirculating Aquaculture Systems (RAS) often struggle to achieve strong financial performance. As new technologies emerge, new opportunities arise to improve profitability. Each technology comes with distinct capital expenditure (CapEx) and energy requirements\u2014both of which play a … <\/p>\n<a href=\"https:\/\/call4pilots.com\/?p=1116\" class=\"more-link\">Continue reading “Aquaculture: How Can RAS Profitability be Improved? A Call for Research Participants”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1117,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n<title>Aquaculture: How Can RAS Profitability be Improved? A Call for Research Participants - Call4Pilots<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/call4pilots.com\/?p=1116\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aquaculture: How Can RAS Profitability be Improved? A Call for Research Participants - Call4Pilots\" \/>\n<meta property=\"og:description\" content=\"What setups of RAS would yield higher financial margins? Statistics are now being collected. Share data and get data. Recirculating Aquaculture Systems (RAS) often struggle to achieve strong financial performance. As new technologies emerge, new opportunities arise to improve profitability. 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A Call for Research Participants - Call4Pilots","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/call4pilots.com\/?p=1116","og_locale":"en_US","og_type":"article","og_title":"Aquaculture: How Can RAS Profitability be Improved? A Call for Research Participants - Call4Pilots","og_description":"What setups of RAS would yield higher financial margins? Statistics are now being collected. Share data and get data. Recirculating Aquaculture Systems (RAS) often struggle to achieve strong financial performance. As new technologies emerge, new opportunities arise to improve profitability. Each technology comes with distinct capital expenditure (CapEx) and energy requirements\u2014both of which play a … Continue reading \"Aquaculture: How Can RAS Profitability be Improved? 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{"id":1116,"date":"2026-01-24T18:31:40","date_gmt":"2026-01-24T18:31:40","guid":{"rendered":"https:\/\/call4pilots.com\/?p=1116"},"modified":"2026-02-11T13:51:29","modified_gmt":"2026-02-11T13:51:29","slug":"aquaculture-low-energy-medium-density-ras-zones-within-super-intensive-ras-facilities-a-call-for-research","status":"publish","type":"post","link":"https:\/\/call4pilots.com\/?p=1116","title":{"rendered":"Aquaculture: How Can RAS Profitability be Improved? A Call for Research Participants"},"content":{"rendered":"

\r\n\r\n\r\n\r\n \r\n Further Details<\/title>\r\n <style>\r\n details {\r\n margin-top: 10px;\r\n }\r\n\r\n summary {\r\n cursor: pointer;\r\n color: #0066cc;\r\n text-decoration: underline;\r\n font-weight: 500;\r\n }\r\n\r\n summary:hover {\r\n color: #004999;\r\n }\r\n\r\n .details-content {\r\n gap: 10px;\r\n margin-top: 8px;\r\n padding: 10px;\r\n border-left: 3px solid #ccc;\r\n background: #f9f9f9;\r\n }\r\n\r\n .details-content img {\r\n width: 75px;\r\n height: 75px;\r\n object-fit: cover;\r\n display: block; \r\n margin-bottom: 8px;\r\n }\r\n\t\t\r\n\t\tdetails p {\r\n margin-top: 8px;\r\n padding: 10px;\r\n \/* border-left: 3px solid #ccc; *\/\r\n background: #f9f9f9;\r\n\t\t\ttext-align: justify;\r\n }\r\n\t\t\r\n\t\t\/* Hyperlinks inside the paragraph *\/\r\n details p a {\r\n color: #004999;\r\n text-decoration: none; \/* remove default underline *\/\r\n \t\t\r\n }\r\n\t\t\r\n <\/style>\r\n<\/head>\r\n<body>\r\n\r\n<details>\r\n <summary>By Dr. Sharon Gotteiner, CPA<\/summary>\r\n <div class=\"details-content\">\r\n <img decoding=\"async\" src=\"\/wp-content\/uploads\/Gotteiner.jpg\" alt=\"Sharon Gotteiner\">\r\n\t\r\n Dr. Sharon Gotteiner is a Certified Public Accountant (CPA) specializing in the assessment of the financial feasibility of new business ventures, business models, and deal structures. Dr. Gotteiner has extensive experience working with technology startups and established corporations worldwide, catalyzing strategic initiatives aimed at improving financial performance and enterprise valuation. Academic background:<\/b> PhD in Strategic Management (UIC, Barcelona, Spain). Co-author of highly cited academic publications, including <a href=\"https:\/\/www.emerald.com\/mrr\/article-abstract\/42\/11\/1259\/312406\/Fighting-organizational-decline-a-risk-based?redirectedFrom=fulltext\" target=\"_blank\" rel=\"noopener noreferrer\">Fighting organizational decline: a risk-based approach to organizational anti-aging<\/a>, <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3481359\" target=\"_blank\" rel=\"noopener noreferrer\">Turnaround types, stages, strategies, and tactics: Putting things in order<\/a>, and <a href=\"https:\/\/www.researchgate.net\/profile\/Sharon-Gotteiner\/publication\/319670872_The_OPTIMAL_MBO_A_model_for_effective_management-by-objectives_implementation\/links\/59d73f24aca27213dfa4e6c5\/The-OPTIMAL-MBO-A-model-for-effective-management-by-objectives-implementation.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">The OPTIMAL MBO: A model for effective management-by-objectives implementation<\/a><\/i>.\r\n <\/p>\r\n\t<\/div>\r\n<\/details>\r\n\r\n<\/body>\r\n<\/html>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n<\/p>\nWhat setups of RAS would yield higher financial margins? Statistics are now being collected. Share data and get data. <\/strong><\/p>\nRecirculating Aquaculture Systems (RAS) often struggle to achieve strong financial performance. As new technologies emerge, new opportunities arise to improve profitability. Each technology comes with distinct capital expenditure (CapEx) and energy requirements\u2014both of which play a pivotal role in RAS financial models. As a result, RAS viability depends on identifying the optimal combination of species (fish or shrimp) and the specific technologies applied.<\/p>\n\u00a0<\/p>\nANNUAL SALES \/ CAPEX > 1 ?<\/strong><\/p>\nFinancial models developed by Dr. Sharon Gotteiner, CPA, indicate that RAS technologies with capital expenditure (CapEx) lower than annual sales are more likely to deliver attractive returns on investment (ROI). While this key performance indicator (KPI) is intuitively compelling, it requires empirical validation. In practice, validating the KPI involves running multiple simulations of a given technology across different fish and shrimp species, as well as across diverse geographic locations.<\/p>\nWhy is this KPI applicable across geographies?<\/strong><\/p>\nFor most RAS facilities, both sales and capital expenditure (CapEx) inherently reflect local economic conditions. Sales\u2014particularly ex-factory prices\u2014are shaped by local demand for specific species, available alternatives, cost of living, competitive pressure from imports, and related market dynamics. CapEx, in turn, reflects local construction costs, labor rates, and the cost of equipment such as tanks, systems, and ongoing maintenance.<\/p>\nBy combining sales and CapEx into a single KPI, local economic effects are largely normalized. This makes the metric relatively independent of geography and therefore comparable across regions and markets.<\/p>\n\u00a0<\/p>\nANNUAL kWh \/ ANNUAL kg < 5 ?<\/strong><\/p>\nFinancial models further suggest that RAS technologies with annual energy consumption (kWh) below five times the annual kilograms sold are more likely to achieve acceptable profitability for agricultural operations. At first glance, focusing on energy consumption alone may appear overly narrow, given that RAS cost structures include many additional expense categories.<\/p>\nHowever, energy consumption serves as a strong proxy for stocking density (kg\/m\u00b3). Higher stocking densities typically drive a cascade of additional costs, including:<\/p>\n<ul>\n<li>Higher labor requirements<\/li>\n<li>Increased feed volumes<\/li>\n<li>Greater nitrite, nitrate, and ammonia loads requiring treatment<\/li>\n<li>Higher dissolved oxygen costs<\/li>\n<\/ul>\nSurvival Rates Included<\/strong><\/p>\nThe annual kilograms sold directly reflect the production capacity of any given RAS technology. This figure is net of survival rates, which themselves vary by technology. Some systems impose higher biological stress on fish or shrimp, while others incorporate isolated filtration setups that reduce the risk of pathogen transfer between tanks. Ultimately, these technological differences are captured in the final metric that matters most: the total annual kilograms sold.<\/p>\n\u00a0<\/p>\nJoin the Research<\/strong><\/p>\nThis research seeks to clarify how RAS financial performance is influenced by different combinations of species and technology. Using the two financial ratios described above, we will evaluate multiple species\u2013technology configurations and identify those that consistently outperform. The resulting insights can help strengthen the financial viability of the RAS industry and support the development of more economically sustainable alternatives to wild fishing.<\/p>\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<a style=\"color: #000080;\" href=\"https:\/\/call4pilots.com\/?page_id=417\">Contact Us<\/strong><\/a><\/span><\/p>\n<h6>\u00a0<\/h6>\nDisclaimer:<\/span> The information presented above has been provided by the companies and inventors owning the technologies and products being presented, and is shared here for informational purposes only. Call4Pilots authors and\/or the owner of this website do not independently verify the accuracy, completeness, or reliability of the information presented. Readers are advised to conduct their own due diligence and seek professional advice before making any business decisions or relying on the information provided. By using this information, you acknowledge and agree that Call4Pilots authors and\/or the owner of this website shall not be held liable for any errors, omissions, or outcomes arising from the use of this information and that you waive any future claims related to it.<\/span><\/p>\n<\/div><\/div>\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"What setups of RAS would yield higher financial margins? Statistics are now being collected. Share data and get data. Recirculating Aquaculture Systems (RAS) often struggle to achieve strong financial performance. As new technologies emerge, new opportunities arise to improve profitability. Each technology comes with distinct capital expenditure (CapEx) and energy requirements\u2014both of which play a … <\/p>\n<a href=\"https:\/\/call4pilots.com\/?p=1116\" class=\"more-link\">Continue reading “Aquaculture: How Can RAS Profitability be Improved? A Call for Research Participants”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1117,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n<title>Aquaculture: How Can RAS Profitability be Improved? 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