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" ... Cermaq’s goal is to strengthen fish farming in coastal areas because the future of Norwegian fish farming depends on finding sustainable and cost-effective production. The company was awarded four development licenses for the project, and it's become a collaboration between many people and entities to get to this stage, which is releasing the first smolt into the pens. ... "
" ... The total production cycle is about 3 years and smolt releases (i.e. the release of young fish from hatcheries into the open water) provide a good indication of future harvest volumes. Bakkafrost is operating permanent licenses without volume restrictions. Future growth is mostly driven by a new hatchery that allows the company to grow the smolt to a much larger size in a fully controlled environment on land, before releasing it into the open water. The shorter time in the open water increases production capacity by about 30% and also reduces biological risk. ... "