Envisioning a future of mariculture boom times More than $100M helping spur growth in oyster and kelp farming, research and development

The first thing to know about the mariculture industry in Alaska is how much money and effort are going into making it a major economic driver for years to come.

The second thing is that, aside from oysters, it isn’t profitable — yet. That’s kind of the point.

A collective $110 million in public investment for mariculture in Alaska is flowing into the state, a federal Build Back Better wager based on the core assets of the region, predictions about future demand — particularly for kelp — and the general need for more sustainable food sources.

Mariculture consists of aquatic plants, shellfish a...

 

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