Press Release – Public December 7

MITCOR awarded contract for 200 Automated Shrimp Grow-Out Units

  • San Diego, CA – Marine Innovation and Technology Corporation – Australia (“MITC” or the “Company”), a global marine innovator of new technology, today announced that it has signed a multi-million dollar contract with a private investor to deliver two hundred automated shrimp grow-out units.

About MITCOR

MITCOR is a global marine innovator of new technology, providing operational solutions to commercial and government organizations worldwide.

MITCOR’s business is focused on markets and customers with strong repeat business potential, primarily in the Aquaculture sector and the Marine Logistics sector. In addition, the Company conducts a significant amount of advanced technology development in shrimp production and feeding.

MITCOR has established a global customer base through the acquisition of industry companies such as Merceco and will be operating from 9 locations including the United States, Canada, Australia and the Netherland as well as internationally by the end of 2018.

The Company’s shares are privately held.

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