A recirculating aquaculture system (RAS) represents a forward-looking form of aquaculture. A RAS consists of fish tanks and water treatment processes in a closed loop to sustain the environmental conditions for fish production. However, the rapid industrialization of the technology is fraught with transfer problems. This review justifies a RAS process chain based on fish biology. The underlying concept has been evaluated by the author in experimental and commercial RAS projects. The core idea is that the fish must be considered as a technical subcomponent in a RAS, determining the technology. Fish, when considered as small biological machines, are still a black box in many ways. However, their basic biology and physiology provide all the knowledge to implement them in a technical setting. The information required to understand this concept is presented and discussed based on current scientific knowledge. The conclusion is that the technology is available but needs to be rigorously implemented. If this were carried out, fish production in RASs would be ecologically sustainable, which is already claimed for RASs but is not always the reality in commercial applications.