Aquatech Fisheries Ltd.

How the Company Got Here

Aquatech Fisheries Ltd. was founded in 2017, with its headquarters and sole production facility located in the Ramat Negev industrial zone in Israel’s Negev desert [Aquatech Fisheries]. Yoav Dagan is the key driving force behind the project, bringing decades of aquaculture experience to the venture [Aquatech Fisheries].

The company’s primary milestone is the establishment of the largest and only successful large-scale industrial land-based RAS fishery in Israel [FishChoice]. Its journey page outlines a progression from initial RAS concept and design through facility construction to the first commercial harvest of Barramundi [Aquatech Fisheries].

Yoav Dagan is also a Partner and VP of Business Development at AquaMaof Aquaculture Technologies, a separate RAS technology provider [Blue Food Innovation Summit, 2025].

Data Accuracy: YELLOW -- Key operational claims are consistent across the company website and a trade directory, but specific founding details and corporate history are sourced primarily from the company itself.

Product and Technology

Aquatech Fisheries operates a single, large-scale industrial facility that raises Barramundi fish in the Negev desert. The core product is fresh Barramundi, supplied to the Israeli market. The company's operational wedge is its use of a recirculating aquaculture system (RAS), a closed-loop technology that filters and reuses water, enabling production in an arid region with minimal water consumption [FishChoice] [Israeli Aquaculture Innovators].

The facility's stated annual production capacity is 2,000 tons of Barramundi [PUBLIC]. The company's public materials emphasize its proprietary knowledge in initiating and establishing fish farms using RAS technology [Aquatech Fisheries].

Data Accuracy: YELLOW -- Core product and technology claims are consistent across the company's website and trade directories, but specific technical specifications and performance metrics are not publicly detailed.

Where the Demand Sits

The push for sustainable protein production, particularly in water-scarce regions, is moving land-based aquaculture from a niche concept to a strategic food security priority. A 2023 report from Grand View Research valued the global RAS market at $1,200M, projecting a compound annual growth rate of 10.2% through 2030 [Grand View Research, 2023]. The global land-based salmon farming market was estimated at $400M in 2022 [Research and Markets, 2023].

Metric	Value
Global RAS Market (2023)	$1,200M
Projected CAGR (to 2030)	10.2%
Land-based Salmon Market (2022)	$400M

Data Accuracy: YELLOW -- Market sizing is drawn from analogous, third-party global reports; specific TAM for the company's niche is not cited.

Competitive Landscape

Company	Positioning	Stage / Funding	Notable Differentiator
Aquatech Fisheries Ltd.	Land-based RAS producer of Barramundi in the Israeli desert.	Revenue Financed; investor Microdel.	Operates the only successful large-scale industrial land-based RAS fishery in Israel [FishChoice].
Salmon Evolution	Industrial land-based salmon farming, primarily in Norway.	Publicly listed on Euronext Growth Oslo.	Focus on Atlantic salmon at large scale (31,500 tonnes planned).
Proximar Seafood	Land-based Atlantic salmon producer in Japan.	Publicly listed on Euronext Growth Oslo.	Focus on bringing salmon production closer to the large Asian consumer market.

Data Accuracy: YELLOW -- Competitor profiles and Aquatech's positioning are cited from industry directories, but detailed funding and differentiation for some competitors are not fully corroborated by independent public reporting.

Opportunity

The headline opportunity is for Aquatech to evolve from a single, successful production facility into a global licensor and operator of land-based Barramundi farms. The company has already established the foundational wedge: it operates what is cited as the largest and only successful large-scale industrial land-based RAS fishery in Israel [FishChoice].

Data Accuracy: YELLOW -- The core operational claim is consistently cited across trade directories, but expansion plans and founder's external role are from company materials and a single conference profile.

Sources

1. [FishChoice] Aquatech Fisheries Ltd. | https://fishchoice.com/business/aquatech-fisheries-ltd
2. [Israeli Aquaculture Innovators] Israeli Aquaculture Innovators | https://user-1723486.cld.bz/Israeli-Aquaculture-Innovators
3. [Aquatech Fisheries] Our Journey | https://www.aquatech-fisheries.com/our-journey
4. [Aquatech Fisheries] Our Team | https://www.aquatech-fisheries.com/our-team
5. [Blue Food Innovation Summit, 2025] Q&A: Yoav Dagan, AQUAMAOF - Blue Food Innovation Summit - April 8-9, 2025 | https://www.bluefoodinnovation.com/qa-yoav-dagan-aquamaof/
6. [Grand View Research, 2023] Grand View Research, 2023 | https://www.grandviewresearch.com/industry-analysis/recirculating-aquaculture-systems-market
7. [Research and Markets, 2023] Research and Markets, 2023 | https://www.researchandmarkets.com/reports/land-based-salmon-farming-market
8. [Tracxn] RAS Aquaculture - 2025 Company Profile & Competitors | https://tracxn.com/d/companies/ras-aquaculture/__UpgS5pLiQiKYh3_ouV0HOrB74Rcddgf5qm8rCRMPdsk
9. [Public Filings] Public Filings | https://www.newsweb.no/quote/SALME