AquaBounty sees increased revenue – and losses – for Q4

By Editors | April 2, 2024

Land-based salmon farmer AquaBounty Technologies has reported a year-on-year revenue increase of 23% for the last quarter of 2023, but the period also saw losses growing. AquaBounty has developed a genetically modified (GM) strain of salmon, aimed at faster growth and suitability for farming in RAS (recirculating aquaculture systems) facilities. For Q4, the company recorded…

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AquaBounty set to sell Indiana RAS farm

By Editors | February 15, 2024

North American land-based salmon farmer AquaBounty Technologies is putting its Indiana site on the market in an effort to raise funds and strengthen its balance sheet. In a stock market announcement yesterday, CEO Sylvia Wulf said: “We have been focused on securing funding for our near and long-term needs, so we can continue to pursue…

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