Government funding will be used to help commercialise a harvesting system developed through a previous Primary Growth Partnership programme called Precision Seafood Harvesting.
Seeka's full-year pre-tax profit is forecast to be between $9m and $11m.
Chief executive David Mair said the company’s continuing investment in systems and people was key for the company to deliver financial returns.
MPI and ag sector representatives shoot down rumours that China has imposed any restrictions.
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