Salmon Evolution has reached an important milestone, marking the beginning of an exciting new phase for the company. With Phase 2 now operational and the first smolt successfully released, combined with a completed equity raise and refinancing, the foundation is firmly in place for continued growth.

Over the past years, Salmon Evolution has built a strong and proven platform for land-based salmon farming. The company now stands at a natural turning point—moving from a phase characterized by significant investments to one focused on unlocking the full potential of its operations.

Production volumes expected to more than double

In the coming 12 months, production volumes are expected to more than double. This growth will be driven by increased productivity in Phase 1 and the ongoing ramp-up of Phase 2—further demonstrating the strength and scalability of Salmon Evolution’s hybrid flow-through system.

“I am incredibly proud of the collective effort that has brought Salmon Evolution to where we are today. This milestone would not have been possible without the dedication and hard work of our entire organization,” says Trond Håkon Schaug-Pettersen, CEO of Salmon Evolution.

“With Phase 2 operational and a solid capital structure in place, we are ready for the next chapter.”

With the key building blocks in place and a strong team behind it, Salmon Evolution is well positioned to grow, deliver great products, and meet the increasing global demand for sustainable salmon.