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AquaBounty secures $10m loan, using both US farms as collateral

As the land-based salmon producer's debt mounts and revenues dwindle, the next several months will serve as a pivotal juncture in its high-stakes battle for survival

By Liza Mayer | April 24, 2024 14:12 BST
Atlantic salmon viewed through grow-out tank porthole at AquaBounty's farm in Albany, Indiana. Photo: AquaBounty
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In a critical move to keep its operations running, US-based AquaBounty Technologies, has obtained a $10-million term loan, offering both of its US farms as collateral.  [...]

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