The Company
AquaBounty Technologies is a biotechnology company focused on improving productivity in commercial aquaculture, a $100 billion industry and the fastest growing segment of the worldwide food industry. Our objective is the application of biotechnology to ensure the availability of high quality seafood to meet global consumer demand.
History
AquaBounty was originally incorporated in1991, under the name A/F Protein, to pursue the commercial development of antifreeze protein-based technology under license from the University of California at Berkeley.
In 1996, A/F Protein acquired a license to the AquAdvantage® technology from the University of Toronto and Memorial University of Newfoundland, and was subsequently reorganized in 2000, into two separate entities: A/F Protein, which retained the antifreeze protein technology; and, AquaBounty Farms, which obtained the AquAdvantage® technology.
AquaBounty Farms, headquartered in Waltham, Massachusetts, changed its name in 2004 to AquaBounty Technologies.
In 2006, AquaBounty Technologies was listed in the London Stock Exchange’s Alternative Investment Market (AIM) raising $28 million in an initial public offering of stock.