Companies
SalMar
operator of Ocean Farm 1, the world's first offshore fish farm, and the Smart Fish Farm concept for fully exposed open-ocean salmon production.
- Country
- Norway
- Ticker
- SALM
Coverage
| CN | EU | IN | US | |
|---|---|---|---|---|
| aquaculture-seafood | ✓ | ✓ | ✓ | ✓ |
Regulatorsepaefsamoa-china
Verifiable facts
| Fact | Value | Source |
|---|---|---|
| Funding | $300 million for six facilities (project cost) | aquaculturemag.com |
| Capacity | 5,000 tons expected harvest for SalMar Ocean in 2026; Ocean Farm 1 capacity up to 10,000 tonnes | aquaculturemag.com · salmar.no |
| Certification | 77% of active sites held an ASC certificate in 2024; 100% certified by ASC or Global G.A.P. | ml-eu.globenewswire.com |
| Regulatory approval | Site approval for Smart Fish Farm granted September 2023; conversion of 6,112 tonnes MAB development licenses to ordinary licenses approved March 2026 | ml-eu.globenewswire.com · salmar.no |
| Production site | Ocean Farm 1 (Central Norway) and Arctic Offshore Farming (Northern Norway) | live.euronext.com · salmar.no |
| Headcount | 67 employees (2024 per SalMar Ocean AS listing) or 9 employees (2025 LinkedIn profile) | 21st.ai |
| Revenue | SalMar Ocean reported operating revenues of NOK 29 million in Q1 2026; NOK 331 million total operating income in 2024 | 21st.ai · companybook.co · salmar.no |
Independent sources: 21st.ai · aquaculturemag.com · companybook.co · live.euronext.com · ml-eu.globenewswire.com
Technologies
| Name | Cluster | Risk | |
|---|---|---|---|
| Offshore & deep-water aquaculture | aquaculture-seafood | Medium | → |
Compiled by BIOECON from primary sources.
Compliance
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