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American Aquafarms’ plan to raise 66 million Atlantic salmon in Frenchman Bay seems to be dead in the water.

BOOTHBAY — American Aquafarms’ two incomplete lease applications to raise 66 million pounds of Atlantic salmon annually at two sites near Bald Ledge and

BOOTHBAY — American Aquafarms’ two incomplete lease applications to raise 66 million pounds of Atlantic salmon annually at two sites near Bald Ledge and

American Aquafarms’ Project Development Director Tom Brennan said it’s his understanding that American Aquafarms is close to resolving the issue of sourcing juvenile Atlantic salmon or smolt for the startup phase of its proposed $250 million project.

As of this week, American Aquafarms’ two applications remain incomplete, according to the DMR’s Communications Director Jeff Nichols.