Prairie Aquatech will now be known as Houdek as it continues to expand its capabilities in aquaculture, pet food and human health industries.

The facility will produce insect-based proteins and lipids for use in aquaculture and pet food.

In its 2023 Year Ahead report, CoBank detailed that inflation will continue to plague the industry, as well as those that rely on it, like pet food.

Modest worldwide growth is expected as the industry continues to reduce its environmental impact and mitigate disease impacts.

The insect-based protein producer will construct its second facility in the United States and its first in Mexico.

Under the partnership, the company will work with Fullpet Co. to promote the development of functional, healthy pet foods.

Flylab produces insect-based ingredients for use in aquaculture, animal feed and pet foods.

The company currently produces complementary nutrition products and hopes to enter the complete-and-balanced market in 2023.

The company plans to invest $550 million in a new soy protein plant located in Indiana.

Ahmed Hassan will oversee product development and customer relations at FlyFeed.