Developer of ‘The Egg’ cuts jobs, receives cash injection

The Norwegian company behind the fully-closed salmon farming concept has raised $1.3 million from shareholders to see it through a period of political uncertainty.

Ovum founder and CEO Cato Lyngoy.
Ovum founder and CEO Cato Lyngoy.Photo: Robert Nedrejord
Published 18 December 2024, 13:55Updated 18 December 2024, 14:28
MowiClosed-Containment SystemsNorwayRegulationsFarmed salmon