Atlantic Ocean Aquaculture is developing a 3D Ocean Farm in the near shores of Maine that will cultivate and harvest a variety of kelp, seaweeds, and shellfish.
3D Ocean Farms are a profitable form of aquaculture that consist of shellfish and high value, fast growing seaweeds grown at varying levels of the water column. They have been called farms of the future because they are low impact, no input (no freshwater, no feed, no fertilizer) and high yield, producing highly nutritious seaweeds without using any arable land.
Additionally, ocean farms act as powerful carbon sinks (via kelp forests) and fight ocean acidification via shellfish + kelp forests that together filter nitrogen and phosphorus from the ocean using naturally occurring ocean currents.
The investment opportunity was made public on May 2nd and runs for 60 days. This opportunity is only available to accredited investors.
Seaweed is used in food (snacks, food fillers, a staple of Asian cuisine) and for additional uses including animal feed, fertilizer, pharmaceuticals, cosmetics and is being studied for use as a bio-diesel (bio-fuel). Shellfish is a staple of human diets throughout the world.