The Velella Epsilon offshore aquaculture project has secured its final regulatory approval after an eight-year permitting process, allowing developers to move forward with a pilot fish farm in federal waters off the coast of Florida.
The demonstration project, located more than 40 miles offshore of Sarasota, will raise a single batch of red drum in a net pen to evaluate the environmental and operational performance of offshore aquaculture. The research, conducted with support from the National Sea Grant Program and the University of Miami, will make its findings publicly available.
According to project developer Ocean Era, the initiative required compliance with nine federal and state laws and coordination with 12 government agencies before receiving approval. Legal challenges filed by opponents of offshore aquaculture were dismissed during the review process.
If no further delays occur, deployment is expected to begin in early 2027.
The project is also intended to serve as a model for future offshore aquaculture permitting in U.S. federal waters. Ocean Era says the lengthy approval process highlights the need for regulatory reform as interest in offshore fish farming continues to grow.
The Velella Epsilon project is being developed by Ocean Era and GulfStream Aquaculture, which led the permitting effort and provided environmental and technical support throughout the approval process.


