AquaBounty Technologies, Inc. - Common Stock (AQB)
Frequently Asked Questions About AquaBounty Technologies, Inc. - Common Stock (AQB)
How can consumers purchase AquAdvantage salmon?
Consumers can purchase AquAdvantage salmon through various grocery retailers and seafood markets that carry their products. AquaBounty aims to expand distribution as regulatory approvals and production capabilities increase.
How does AquaBounty engage with stakeholders?
AquaBounty engages with stakeholders, including investors, regulators, environmental groups, and consumers, through open dialogue, public transparency, and educational initiatives. They often participate in forums and industry events to discuss their technology and its implications.
How does AquaBounty ensure the safety of its genetically modified fish?
AquaBounty conducts rigorous testing and adheres to strict regulatory standards to ensure the safety and efficacy of its genetically modified fish. This includes comprehensive assessments of health, nutrition, and environmental impact to meet or exceed governmental requirements.
How does AquaBounty's technology benefit consumers?
Consumers benefit from AquaBounty's technology through access to a more sustainable and potentially more affordable source of seafood. Faster growth means a higher supply, which can lower prices and provide fresh options year-round.
How does AquAdvantage salmon differ from conventional salmon?
AquAdvantage salmon differs from conventional salmon in that it has been genetically modified to grow to market size more quickly, potentially cutting production time in half. This is achieved through the addition of a growth hormone gene that allows it to grow year-round rather than being temperature-dependent.
Is AquAdvantage salmon approved for consumption?
Yes, AquAdvantage salmon has received regulatory approvals from various agencies, including the U.S. Food and Drug Administration (FDA), confirming that it is safe for consumption and does not pose additional risks compared to traditional salmon.
What are AquaBounty's growth strategies?
AquaBounty's growth strategies include expanding production capabilities, entering new markets, and continuing to innovate with additional species of genetically modified fish. They are also focused on educating the public to reduce resistance to GMO products.
What are some potential concerns about genetically modified organisms (GMOs)?
Concerns about GMOs, including AquaBounty's fish, often center around potential environmental impacts, such as unintended effects on local ecosystems, as well as food safety perceptions among consumers. AquaBounty addresses these concerns through transparency and scientific validation of their safety and environmental impact.
What are the environmental benefits of AquaBounty's products?
AquaBounty's products, particularly AquAdvantage salmon, are designed to reduce the environmental impact of aquaculture by using less feed, decreasing the carbon footprint, and minimizing water usage, thus promoting sustainable fish farming practices.
What certifications does AquaBounty hold?
AquaBounty holds several certifications and approvals from regulatory bodies, including the FDA in the United States, which attests to the safety of its products. They also actively pursue certifications related to sustainable seafood practices.
What does AquaBounty Technologies, Inc. do?
AquaBounty Technologies, Inc. is a biotechnology company focused on improving the productivity of aquaculture, primarily through the development of genetically engineered fish. Their flagship product is the AquAdvantage salmon, which has been genetically modified to grow faster than conventional salmon, allowing for more efficient production and reduced environmental impact.
What is AquaBounty's financial outlook?
AquaBounty's financial outlook involves growth potential due to increasing global demand for sustainable seafood solutions. Their stock performance and overall financial health can fluctuate based on market conditions, regulatory milestones, and production capabilities.
What is AquaBounty's stance on sustainability?
AquaBounty is committed to sustainability and believes that its genetically engineered fish can provide a solution to the challenges faced by conventional fish farming, including overfishing and environmental degradation in aquatic ecosystems.
What is the company's mission?
AquaBounty's mission is to enhance food security through innovative aquaculture solutions that provide sustainable and efficient seafood production. They aim to improve the availability of healthy protein options while reducing the environmental footprint of fish farming.
What is the future outlook for AquaBounty Technologies?
The future outlook for AquaBounty Technologies appears promising as demand for sustainable seafood grows. Ongoing efforts to expand market presence, develop new products, and enhance production techniques position the company for potential continued success in the aquaculture industry.
What is the production capacity of AquaBounty's facilities?
AquaBounty's Indiana production facility is designed to produce approximately 1.2 million pounds of AquAdvantage salmon annually. This facility utilizes state-of-the-art technology to optimize the growth and health of the fish.
What role does research and development play at AquaBounty?
Research and development are critical components of AquaBounty's operations, helping to innovate and enhance existing products while exploring new genetic modifications to improve fish species used in aquaculture.
What type of fish does AquaBounty specialize in?
AquaBounty specializes in Atlantic salmon, particularly its engineered variant known as AquAdvantage salmon, which has been modified for accelerated growth and efficiency.
Where is AquaBounty Technologies located?
AquaBounty Technologies is headquartered in Maynard, Massachusetts, USA. The company also operates a large-scale production facility in Indiana, where it raises its genetically modified salmon.
Who are AquaBounty's primary competitors?
AquaBounty's primary competitors include other seafood producers in the aquaculture sector, particularly those focused on traditional fish farming methods. With increasing interest in sustainable seafood, competition is rising from both conventional and other GMO fish producers.
What is the current price of AquaBounty Technologies, Inc. - Common Stock?
The current price of AquaBounty Technologies, Inc. - Common Stock is 0.6900
When was AquaBounty Technologies, Inc. - Common Stock last traded?
The last trade of AquaBounty Technologies, Inc. - Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of AquaBounty Technologies, Inc. - Common Stock?
The market capitalization of AquaBounty Technologies, Inc. - Common Stock is 2.67M
How many shares of AquaBounty Technologies, Inc. - Common Stock are outstanding?
AquaBounty Technologies, Inc. - Common Stock has 3.87M shares outstanding.