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AquaBounty Technologies Inc (AQB)

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AquaBounty Technologies Inc Company Profile

AquaBounty Technologies, Inc. is a land-based aquaculture company. The Company provides fresh Atlantic salmon to nearby markets by raising its fish in monitored land-based fish farms. The Company’s land-based Recirculating Aquaculture System (RAS) farms are designed to prevent disease and include multiple levels of fish containment to protect wild fish populations. RAS facilities provide water treatment technology, including the use of ozone, salt treatment and ultraviolet radiation to kill potential bacterial, fungal, or viral pathogens, which might enter the system. Its GE Atlantic salmon is based upon salmon genetics and grows to harvest size faster than conventional Atlantic salmon. The Company is vertically integrated and maintains its own broodstock hatchery, which produces the eggs that it grows-out to harvest size in its production farms. It operates two salmon farms: a 1,200 metric ton production grow-out farm in Indiana and a broodstock farm on Prince Edward Island, Canada.

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