AquaBounty Technologies Inc AQB

Consumer Defensive Farm Products

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. Its land-based Recirculating Aquaculture System (RAS) farms, including a grow-out farm located in Indiana, United States and a broodstock and egg production farm located on Prince Edward Island, Canada, are designed to prevent disease and to 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. The Company is vertically integrated and maintains its own broodstock hatchery, which produces the eggs that it grow-out to harvest size in its production farms. The Company has expertise in fish breeding, genetics, and health and nutrition to deliver disruptive solutions.

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AquaBounty Technologies Inc

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Post by LordIskanderon Jan 26, 2018 1:51pm

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Post# 27442508

AquaBounty in commercialization phase.

Product approved for human consumption in Canada, and USA
GMO Atlantic Salmon grows to market size in half the time and requires 25% less feed.
No labeling required to sell in Canada
Trump Administration drive to cut red tape in regulatory agencies bodes well for future permitting
Initial sale of 5 tons of AquaAdvantage Salmon filets sold in Canada at market price in mid 2017.
Infrastructure in place for grow-out:
Panama: 30 metric tons
Canada: 250 metric tons
USA: 1450 metric tons