University licenses smart fish feeding system for 20 million

Huazhong Agricultural University in Wuhan, Hubei province recently introduced a smart fish feeding system developed by its College of Fisheries, which aims to increase efficiency and reduce waste for aquaculture industry.

The college signed a technology licensing agreement with Sheng Ya Environment, granting the company exclusive rights for 20 years in exchange for 20 million yuan ($2.8 million).