Atlantic Sapphire is a Norwegian-

American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, p ...

aquaculture Aquaculture (less commonly spelled aquiculture), also known as aquafarming, is the controlled cultivation ("farming") of aquatic organisms such as fish, crustaceans, mollusks, algae and other organisms of value such as aquatic plants (e.g. Nelu ...

company which focuses on raising

Atlantic salmon The Atlantic salmon (''Salmo salar'') is a species of ray-finned fish in the family Salmonidae. It is the third largest of the Salmonidae, behind Hucho taimen, Siberian taimen and Pacific Chinook salmon, growing up to a meter in length. Atlan ...

recirculating aquaculture system Recirculating aquaculture systems (RAS) are used in home aquaria and for fish production where water exchange is limited and the use of biofiltration is required to reduce ammonia toxicity. Other types of filtration and environmental control ar ...

History

Atlantic Sapphire was founded in 2010. In 2024 the company posted a net loss of 167.3 million. In February 2025 they signed an agreement to lease their Danish facility to Maiken Foods. Also in February they announced that their

earnings before interest, taxes, depreciation and amortization A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandat ...

breakeven would be delayed.

Florida

Atlantic Sapphire first proposed a very large inland

facility in the US State of Florida in 2018. In April 2020 Atlantic Sapphire received a $210 million loan for the construction of a Florida facility. Initial production targets were 9,500 metric tonnes annually and 222,000 tonnes annually by 2031. In 2020 Atlantic Sapphire began producing

at a recirculating aquaculture system facility in

Homestead, Florida Homestead is a city within Miami-Dade County, Florida, Miami-Dade County in the United States, U.S. state of Florida, between Biscayne National Park to the east and Everglades National Park to the west. Homestead is primarily a Miami suburb and ...

. The site was chosen due to its uncommon layered geology which allows Atlantic Sapphire to pull both freshwater and saltwater from the ground as well as dispose of wastewater underground all at different depths. By March 2020 three million salmon had been born at the Florida facility. The company signed supply agreements with wholesalers, supermarket chains, and value added proscessors like

smoke house A smokehouse (North American) or smokery (British) is a building where meat or fish is cured with smoke. The finished product might be stored in the building, sometimes for a year or more.

s. The facility suffered a

mass mortality event A mass mortality event (MME) is an incident that kills a vast number of individuals of a single species in a short period of time. The event may put a species at risk of extinction or upset an ecosystem. This is distinct from the mass die-off asso ...

in 2021. In 2021 three workers fell into a salmon tank and had to be rescued. Later in 2021 the facility suffered a fire. In 2023 Atlantic Sapphire took on an additional $250 million loan burden to complete the buildout of the Homestead facility. The loan package included county industrial revenue bonds. In 2023 Atlantic Sapphire convinced its feed supplier

Skretting Skretting is the world's largest producer of feeds for farmed fish.Aquaculture Stewardship Council The Aquaculture Stewardship Council (ASC) is an independent non-profit organisation and labelling organization that establishes protocol on farmed seafood while ensuring sustainable aquaculture. The ASC provides producers with a certification of ...

. The Florida facility reached 300,000 pounds of salmon a week by 2025. The company had improved many of its biological processes but remained limited by feed availability.

Branding

In the US the company sells its fish under the brand name Bluehouse Salmon with an emphasis on its relatively small

carbon footprint A carbon footprint (or greenhouse gas footprint) is a calculated value or index that makes it possible to compare the total amount of greenhouse gases that an activity, product, company or country Greenhouse gas emissions, adds to the atmospher ...

Awards and recognition

Atlantic Sapphire received the

Star of Innovation The European Small and Mid-Cap Awards aim to promote best practices and encourage more small and medium-sized enterprises (SMEs) to access capital markets via an initial public offering. A joint initiative of the European Commission, EuropeanIssuer ...

at the 2019

European Small and Mid-Cap Awards The European Small and Mid-Cap Awards aim to promote best practices and encourage more small and medium-sized enterprises (SMEs) to access capital markets via an initial public offering. A joint initiative of the European Commission, EuropeanIssuer ...

References

{{Reflist Aquaculture in the United States Fish farming companies Agriculture in Florida

History

Florida

Branding

Awards and recognition

See also

References