AquaBounty Technologies, Inc. (AquaBounty) is a biotechnology company. The Company is engaged in research and development of the commercial viability of a group of proteins, known as antifreeze proteins (AFPs). The Company focuses on improving productivity in the aquaculture market. The Company is developing advanced hybrid salmon, trout and tilapia designed to grow faster than traditional broodstock, under the name AquAdvantage. AquaBounty�s subsidiaries include AquaBounty Canada, Inc. and AquaBounty Panama, S. de R.L. AquaBounty Canada, Inc. was formed for the purpose of establishing a commercial biotechnology laboratory to produce antifreeze proteins and to conduct research and development programs related to the commercialization of cryopreservatives and the antifreeze gene construct. AquaBounty Panama, S. de R.L. was formed for purpose of conducting commercial trials of the Company�s AquAdvantage Salmon.