US land-based salmon farmer posts $50 million Q2 loss

AquaBounty Technologies' wider loss is attributable largely to a non-cash impairment charge. The company is now working to extend its "cash runway."

AquaBounty CEO David Melbourne says the company continues to look for ways to cut costs and preserve cash. — AquaBounty CEO David Melbourne says the company continues to look for ways to cut costs and preserve cash.Photo: AquaBounty

John Fiorillo

Executive Editor, IntraFish.com

Published 6 August 2024, 14:34Updated 6 August 2024, 14:34

AquaBounty Land-based aquaculture Sylvia Wulf David Melbourne Atlantic Sapphire