August 22, 2024
Atlantic Sapphire reports improved fish quality, asks for USD 94 million in additional funding
6 Min
Land-based salmon-farming company Atlantic Sapphire has stabilized production at Phase 1 of its Miami, Florida, U.S.A.-based recirculating aquaculture system facility, but the company still needs an additional USD 94 million (EUR 84 million) to build out infrastructure to allow it to become profitable.
During its Q2 2024 and H1 2024 results presentation, Atlantic Sapphire CFO Gunnar Aasbo-Skinderhaug said the company needs USD 11 million (EUR 9.8 million) for development of Phase 2 of its RAS…
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