# 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.

Source: https://en.bioecon.ru/companies/salmar/
Updated: 2026-07-01

- Country: Norway
- Ticker: SALM

## Verifiable facts

| Fact | Value | Source |
| --- | --- | --- |
| Funding | $300 million for six facilities (project cost) | https://aquaculturemag.com/2018/08/07/first-ocean-fish-farm-raising-1-5-million-salmon-three-miles-off-norway/ |
| Capacity | 5,000 tons expected harvest for SalMar Ocean in 2026; Ocean Farm 1 capacity up to 10,000 tonnes | https://aquaculturemag.com/2018/08/07/first-ocean-fish-farm-raising-1-5-million-salmon-three-miles-off-norway/, https://www.salmar.no/wp-content/uploads/2026/05/salmar-q1-26-report.pdf |
| Certification | 77% of active sites held an ASC certificate in 2024; 100% certified by ASC or Global G.A.P. | https://ml-eu.globenewswire.com/Resource/Download/1da20c9a-09bb-4d58-8e81-72f7942be36f |
| 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 | https://ml-eu.globenewswire.com/Resource/Download/1da20c9a-09bb-4d58-8e81-72f7942be36f, https://ml-eu.globenewswire.com/Resource/Download/86a88695-45a1-4624-b187-8f4cfa90e789, https://www.salmar.no/en/about-salmar/salmars-operating-areas/ |
| Production site | Ocean Farm 1 (Central Norway) and Arctic Offshore Farming (Northern Norway) | https://live.euronext.com/sites/default/files/company_press_releases/attachments_oslo/2026/02/10/665209_SalMar%20Q4%2025%20-%20Report.pdf, https://www.salmar.no/wp-content/uploads/2026/05/salmar-q1-26-report.pdf |
| Headcount | 67 employees (2024 per SalMar Ocean AS listing) or 9 employees (2025 LinkedIn profile) | https://21st.ai/en/companies/119875/no/kverva/-/org-number-923534717-salmar-ocean-as/summary |
| Revenue | SalMar Ocean reported operating revenues of NOK 29 million in Q1 2026; NOK 331 million total operating income in 2024 | https://21st.ai/en/companies/119875/no/kverva/-/org-number-923534717-salmar-ocean-as/summary, https://companybook.co/no/923534717/salmar-ocean-as, https://www.salmar.no/wp-content/uploads/2026/05/salmar-q1-26-report.pdf |

Independent sources: 21st.ai, aquaculturemag.com, companybook.co, live.euronext.com, ml-eu.globenewswire.com

## Technologies

- [Offshore & deep-water aquaculture](https://en.bioecon.ru/technology/offshore-deepwater-aquaculture/)