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AquaBounty

#10390

Rank

$3.63M

Marketcap

US United States

Country

AquaBounty
Leadership team

Ms. Sylvia A. Wulf (CEO, Pres & Exec. Director)

Mr. David A. Frank (CFO & Treasurer)

Ms. Angela M. Olsen J.D. (Gen. Counsel & Corp. Sec.)

Products/ Services
Biotechnology, Health Care, Health Diagnostics, Therapeutics
Number of Employees
100 - 500
Headquarters
Maynard, Massachusetts, United States
Established
1991
Company Registration
SEC CIK number: 0001603978
Revenue
2M - 5M
Traded as
AQB
Overview
Location
Summary
AquaBounty Technologies, Inc., a biotechnology company, focuses on enhancing productivity in the commercial aquaculture industry in the United States and Canada. The company engages in genetic, genomic, and fish health and nutrition research activities. It offers AquAdvantage Salmon, a bioengineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts. The company was formerly known as Aqua Bounty Farms, Inc. and changed its name to AquaBounty Technologies, Inc. in June 2004. AquaBounty Technologies, Inc. was incorporated in 1991 and is headquartered in Maynard, Massachusetts.
History

The underlying genetic technology that accelerates the growth and reduces the time to market for the AquAdvantage salmon was developed in 1989 at Memorial University in Newfoundland, Canada. In 2003, the first regulatory study of the fish was submitted in the U.S. to the Food and Drug Administration , who ruled that the fish were safe to eat and posed no threat to the environment when farmed in land-based aquaculture farms. In 2012, a submission was made to Health Canada to allow the sale of the genetically modified fish in Canada and the application was subsequently approved. AquAdvantage salmon received FDA approval in 2015 and the first U.S. harvest of salmon occurred in 2020 at their Indiana-located aquafarm. As of 2022, a production facility is in construction in Ohio.

Mission
AquaBounty's mission is to lead the way in sustainable, efficient and cost-effective aquaculture production of fish, making AquAdvantage® Salmon an affordable, sustainable option for people around the globe.
Vision
To become the global leader in producing sustainbly grown, healthy and nutritious seafood for the world market.
Key Team

Dr. Alejandro Rojas D.V.M. (Chief Operating Officer)

Dr. Chris Beattie Ph.D. (Chief Scientific Officer)

Ms. Melissa Johns Daley (Chief People Officer)

Dave Conley (Director of Communications)

Mr. Dennis Bryant (Director of Sales)

Mr. David F. Melbourne Jr. (Chief Commercial Officer)

Recognition and Awards
AquaBounty has won numerous awards for its innovation, including the Seafood Innovation Award, the Aqua Prize, Professional of the Year Award, and the Rising Star Award.
References

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AquaBounty
Leadership team

Ms. Sylvia A. Wulf (CEO, Pres & Exec. Director)

Mr. David A. Frank (CFO & Treasurer)

Ms. Angela M. Olsen J.D. (Gen. Counsel & Corp. Sec.)

Products/ Services
Biotechnology, Health Care, Health Diagnostics, Therapeutics
Number of Employees
100 - 500
Headquarters
Maynard, Massachusetts, United States
Established
1991
Company Registration
SEC CIK number: 0001603978
Revenue
2M - 5M
Traded as
AQB