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Construction remains on track at Andfjord's Kvalnes build-out, as the land-based salmon farming company reports its second quarter and half-year 2024 financial results.

As construction of the facility in Burela, Galicia, is about to begin, the project has received new public funding through a EUR 5 million loan.

The Canadian firm has signed a collaboration agreement with Danish RAS specialist GlobaQ, saying its approach "aims to rethink" existing RAS models.

Greg Hudson has been part of the aquaculture industry for more than 40 years and brings extensive experience in trout and salmon production.

Government decree clears regulatory hurdle for proposed RAS farm in Baie-Trinité and allows the company to begin seeking construction permits.

The Swedish circular land-based aquaculture developer said the agreement reinforces the Canadian company's role as a long-term development partner in the Americas.