First post-smolt delivery from Laxey
The Icelandic land-based salmon farmer has delivered the fish to an external farming operator for the first time, thus establishing the first revenue stream from its new production facility.
The delivery marks the start of Laxey's two-part business model, where it both produces harvest-sized salmon for its own market and sells post-smolts to other players. According to the company, this provides increased flexibility and the opportunity to generate revenue earlier in the production cycle.
"The delivery was completed without complications, with pumping directly from our facility and on to the customer's wellboat," the company reports on its LinkedIn page.
Strategic location
The post-smolt facility is located at Viðlagafjara in the Vestmannaeyjar Islands, south of the Icelandic mainland. The area offers natural sea protection and easy access to open sea routes – an advantage for exports and sea transport.
By delivering robust post-smolts, Laxey hopes to contribute to better biological results for other players, shorter sea phases, and increased predictability.
Full production approaching
In addition to post-smolt production, Laxey operates a recirculating aquaculture system facility for smolts and is currently expanding its food fish facility in phase two. The first harvest from the facility is planned for autumn 2025.