AquaBounty is a biotechnology and aquaculture company that developed proprietary genetically engineered Atlantic salmon with faster growth rates than conventional salmon, supported by land-based recirculating aquaculture system (RAS) technology offering closed containment, environmental sustainability, and disease elimination. The company pursued commercial salmon farming to address growing global protein demand as traditional capture fisheries face depletion constraints. After pursuing large-scale operations, AquaBounty restructured significantly, divesting its intellectual property, subsidiary operations, and farm assets; the company now retains limited operational presence while exploring strategic options for its remaining assets.