Andreas, your team has just signed a new contract with the company Agronutris to build an insect plant in France. Can you give us some insights on that new project?
ANDREAS BAUMANN: The new project with Agronutris, a French biotechnology company that specializes in rearing and transforming insects into proteins, is a big milestone for us. It confirms our goal of establishing ourselves as a key solution provider for the insect industry and increasing the inclusion of insect proteins in animal feed, thereby contributing to more sustainable feed supply chains. We are honored to work with Agronutris’ team and bring together all our skills, expertise, and technology to drive their success. We will deliver a full-scope system to Agronutris. This includes feedstock preparation to provide safe, palatable, and nourishing feed to the larvae in a timely manner, a fully-automated larvae growth system with sophisticated climate control, the processing line to efficiently transform the grown larvae into protein meal and lipids with consistent quality, as well as the frass (excrement) handling system for a secure off-take of the rearing residues. In addition, we will be responsible for the entire automation and the timely project execution. The latter includes engineering, procurement, manufacturing, supply, installation, and commissioning. The 16,000 square meter insect plant in Rethel, France, will be ready to operate in 2023. When operating at full capacity, the facility will process up to 70,000 tons of organic residues and produce high-quality protein for the aquaculture and pet food markets.