acadia harvest inc. ed robinson acadia harvest inc. 1

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Acadia Harvest Inc. Ed Robinson Acadia Harvest Inc. 1

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Page 1: Acadia Harvest Inc. Ed Robinson Acadia Harvest Inc. 1

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Acadia Harvest Inc.

Ed Robinson

Acadia Harvest Inc.

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Our Mission

• To produce premium, sustainable seafood on land using innovative aquaculture technology to help meet the world’s need for protein.

Acadia Harvest Inc.

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Management Team• Chris Heinig, President

– Marine biologist, 40 years with shellfish & fish– Environmental monitoring experience

• Tap Pryor, Chief Scientist– Marine biologist, 60 years with fish & molluscs– Hawaii’s Sea Life Park and Oceanic Institute– Founding director of NOAA

• Ed Robinson, CEO– 30 years of life sciences - aquaculture,

pharmaceuticals, and biotechnologyAcadia Harvest Inc.

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Building the foundation…

• Launched in Brunswick, 2011• Growing/selling 5,000 yellowtail at University of

Maine aquaculture incubator (Franklin)• Scaling up zero waste production system, using

invertebrates, algae and shellfish• Pioneering aquafeeds using marine residuals,

minus fish meal• Fundraising round $400 – 500K by Q3 2015

Acadia Harvest Inc.

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Land-based aquaculture

Acadia Harvest Inc.

Production in a controlled environment

Corea, Maine

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California yellowtail • Red labeled frozen fish from Japan’s coast or… …fresh, unprocessed fish from Maine?• Global market 150,000 tons, ~$1.5 billion sales

Acadia Harvest Inc.

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Black Sea Bass• “Ideal plate sized fish”, compared to grouper• Limited harvests, no commercial production • 2012 harvest 2 mil. lb., $8 mil. wholesale (NOAA)

Acadia Harvest Inc.

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Milestones

• Distributors in Maine, Boston, San Francisco• $1.1 mil. grants from the National Science

Foundation (NSF)• $750K NSF grant now pending• $205K private equity invested• $600K additional grants and debt finance

Acadia Harvest Inc.

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Development Plan

• 2015 – Challenges• Sell 5,000 yellowtail $170K • Scale up zero waste technology

• 2016-2017 – Full Commercial Scale• Final factory design, secure permits • $7.0 million plus $1 million working capital

• 2016-2018 – Expand via investment, partners, and licensing

Acadia Harvest Inc.

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Ed Robinson207-522-9342edrobinson@acadiaharvest.comwww.acadiaharvest.com

Acadia Harvest Inc.