Laxey has signed an agreement with AKVA group for the design and delivery of a new smolt station in Vestmannaeyjar, Iceland (Smolt Station II) marking the next phase in the company’s development.
Built on a strong and trusted collaboration
The two companies have worked successfully together since June 2022, when the agreement for Laxey’s first RAS smolt station was signed. That facility is now fully operational, has delivered five batches to date, and is performing in line with its design and production plan, consistently delivering high-quality smolt to support post smolt and large salmon production on land.
The collaboration has also extended into the Grow-out operations, initially in Section I and further into Section II, where AKVA group has taken on a larger role in system delivery and installation.
Supporting the next phase of development
The first phase of the new smolt station is designed with an annual production capacity of 5 million smolts at 100g to be raised across three systems. With future expansions into phase two and three, the facility is expected to scale to 10 and ultimately 15 million smolts per year.
The system design is based on the same RAS solutions implemented in Smolt Station I, where operational performance has been strong and consistent. This approach, combined with the companies experience of working together, will strongly support the ramp-up and minimise risk in the upcoming phases of development.
This milestone forms 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 financing, with operations targeted in Q4 2027.
The Laxey Smolt Station II will consist of seven RAS when fully expanded to produce annually 15 million smolts at 100g. Design: AKVA group.