LAXEY raises €130M to advance Vestmannaeyjar land-based project
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Editor's Note 
 
This newsletter contains a lot of good news stories, from funding, which shows great hope for the industry, to an award recognition. Take your time to go through every story in this week's e-news.
- Seyitan Moritiwon, Associate editor
 
THIS WEEK 
 
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LAXEY raises €130M to advance Vestmannaeyjar land-based project

LAXEY has raised EUR 130 million (US$ 146 million) through combined equity and debt financing for its land-based salmon farming project in Vestmannaeyjar. The company is developing a facility with a planned capacity of up to 36,000 tonnes head-on-gutted (HOG) annually.


Yonathan Zohar honoured with 2025 Distinguished Lifetime Achievement Award

Yonathan Zohar has received the 2025 Distinguished Lifetime Achievement Award from the United States Aquaculture Society for his “longtime contributions and broad impacts to U.S. aquaculture.”


The Black Cod Company secures funding for sablefish farm

The Black Cod Company, a land-based farmer focused on the full cycle production of Black Cod (sablefish), has received an investment from InnoGo! Fund. 


 
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Fish counters

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FEATURED STORIES 
 
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Fresh Tips: Standardize how to calculate and report FCR

Efficient conversion of feed to biomass is a critical component of success. Measuring efficiency with feed conversion ratio (FCR) can provide insight for financial calculations, overall fish health, and facility performance. This makes FCR a key performance indicator that all producers should track. » Read more
 
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Ask the Expert: Avoid these remote monitoring mistakes

Remote monitoring technology optimizes RAS management and condition tracking, eliminating the need for 24/7 on-site staffing. By continuously monitoring equipment and environmental parameters, this technology helps detect and address potential issues before they become hazardous to aquatic life.  With real-time alerts, operators can quickly respond to changes, preventing small issues from escalating into larger problems. » Read More...
 
 
Post-Smolt 
 

Think bigger smolt

Over the last decade, salmon farms have been producing larger smolts using recirculating aquaculture systems (RAS) and keeping them there for longer periods of time. An extended phase in RAS facilities on land is said to help the fish become larger and healthier, improving growth and welfare at sea. » Read more

Pioneering animal welfare in Chile

After years of refining its land-based farm design, promoting animal welfare awareness among its workforce, and honing production processes, Lago Sofia achieved certification on Nov. 21, 2023, in “Animal Welfare in Farming Fish Production Systems.” » Read more

 
MORE HEADLINES 
 

Ace Aquatec secures £10M to advance fish welfare and AI in aquaculture

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Atarraya launches new RAS shrimp farm in New Jersey

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South Korea’s first land-based salmon farm launches with AKVA technology

» Read More...

Samherji raises €235M for land-based salmon facility in Iceland

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Eyvi joins Great Northern Salmon to develop RAS facility

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Events 
 

International Seaweed Symposium 2025

May 4-9, 2025
Victoria, British Columbia, Canada
» Read More...

Aquafuture Spain

May 20-22, 2025
Vigo, Spain
» Read More...

Marine Finfish Aquaculture Summit 

May 21-22, 2025
Fort Pierce, FL, USA
» Read More...