AKVA wins follow-on contract for smolt facility in Iceland
The deal with land-based salmon producer Laxey builds on previous successful deliveries
The new agreement is for the design and delivery of a new smolt facility in Vestmannaeyjar (Smolt Station II), marking the next phase in Laxey's development.
Plant in full operation
The two companies have been working together since June 2022, when the agreement for Laxey’s first recirculating aquaculture system (RAS) smolt facility was signed. The facility is now fully operational and is performing according to design and production plan, with consistent smolt delivery to support post-smolt and large salmon production.
The collaboration has also been extended to the grow-out farms, first in section I and further into section II, where AKVA group has taken a greater role in system deliveries and installation.
Supports the next phase of development
The first phase of the new smolt facility is designed with an annual production capacity of 5 million smolts of 100 grams, divided into three systems. With future expansions in phases two and three, the facility is expected to scale to 10 and ultimately 15 million smolts per year, respectively.
The system design is based on the same RAS solutions implemented in Smolt Station I, where operational performance has been strong and stable. This approach, combined with the companies' experience in collaboration, will contribute to efficient scale-up and reduced risk in the upcoming development phases.
This milestone is part of Laxey's continued development of land-based salmon farming in Vestmannaeyjar, with a focus on controlled biology, stable production, and responsible resource use. Construction of Smolt Station II is expected to begin this summer, subject to funding, with a planned start-up in the fourth quarter of 2027.
