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Arion Bank and Laxey Sign Financing Agreement

Arion Bank and Laxey Sign Financing Agreement

Arion Bank and Laxey have signed a financing agreement. The cooperation between the two parties will support Laxey’s plans to operate a land-based fish farm in Vestmannaeyjar.  The agreement is an important factor in Laxey’s long-term operations and...
First Vaccination Successfully Completed

First Vaccination Successfully Completed

This past week has been incredibly exciting, but also busy, as we successfully completed our first vaccination on our first batch. A big thank you to Norvacc for performing this crucial task and ensuring the health and safety of our stock.   Even in the controlled...
New CFO of LAXEY

New CFO of LAXEY

Hörður Orri Grettisson has been appointed as the CFO of LAXEY.  Hörður Orri was born and raised in Vestmannaeyjar, he graduated with a B.Sc. degree in business administration from the University of Reykjavík and has also completed a master’s degree in economics...
The Smolt station fully operational

The Smolt station fully operational

The smolt station is now fully operational. This significant milestone was reached 22nd of August when the first batch of smolt was successfully transferred from the RAS-2 system to the RAS-3 system. The RAS-3 is the final stage in our smolt station’s process,...
Third batch has arrived

Third batch has arrived

Our third batch has arrived.  This time the batch was 900.000 salmon ova ¾ of the hatchery´s capacity, has before the salmon ova came from Benchmark Genetics. LAXEY has now biomass in three stages, the Hatchery, RAS 1 and RAS 2, and all three of them are performing...