The deal with AKVA group includes design and installation of advanced oxygenation and degassing systems, SCADA and electrical systems, as well as project management and advisory services across the entire project.
Aquaculture tech company provider AKVA group has secured a new contract with land-based salmon producer Laxey on the Westman Islands, Iceland.
The agreement entails the implementation of the first of six planned grow-out modules, which aim to produce 4,500 tons of salmon annually, with a total projected output of 27,000 tons once all modules are operational.
“We have had excellent cooperation with AKVA group on the development of our Smolt RAS facility that is now up and running. We see this contract for the grow-out project to be a continuation of our relationship for years to come. We are happy to keep the experience of AKVA group on board,” said Laxey CTO Hallgrímur Steinsson.
The deal with AKVA group includes design and installation of advanced oxygenation and degassing systems, SCADA and electrical systems, as well as project management and advisory services across the entire project. The project is scheduled to commence in 2024.
“I am sure that the good relationship created during the execution of the Smolt RAS project will benefit this much larger grow-out part. We have a lot of experience from previous Re-use projects that will surely contribute positively. We really look forward to continuing working with Laxey; we team up really well,” said Jacob Bregnballe, Sales Director at AKVA group Land Based.
In September 2023, AKVA group and Laxey began a project to install a recirculating aquaculture system (RAS) for smolt in Vestmannaeyjar, Iceland.
This marks the first true RAS smolt facility in the country, supported by Laxey’s €42 million financing.
The facility is a key component of Laxey’s expansion into sustainable salmon farming, aiming to start production in 2024. By 2031, Laxey’s goal is to reach an annual production of 27,000 metric tons of Atlantic Salmon, a significant increase from Iceland’s current production.
