News

Since December 2020, Benchmark Genetics Iceland has provided Landeldi with over 2 million salmon ova. Yesterday, the two Icelandic companies signed a 3-year extension where Benchmark continues to fulfil Landeldi’s needs for its ongoing expansion.

Landeldi has signed a delivery contract with High Comp for sustainable tank solutions for the first construction phase of the Deep Atlantic Station; 8 glass-fiber basins built in a strong and flexible material. The tanks are 20 metres in diameter and constitute the so-called M2 section complimenting the M1 phase of 4x15m tanks, previously contracted from local supplier Trefjar ehf.

Landsvirkjun and The Deep Atlantic Project have signed an MOU exploring the possibility of Landsvirkjun providing electricity to our new land-based salmon farm in Thorlakshofn.

Landeldi’s management team is proud to announce that funding for the first 2.500 tons phase has successfully concluded for the Deep Atlantic Project. The total new equity funding this year will be €15,3 million. Parallel to €2 million in debt funding.

Landeldi is delighted to announce it has formally become a part of the Þór Þorlákshöfn basketball family. The thrilling success of the team last season, rides in no small way on the supporting wave of a highly energized and enthusiastic local community. Everyone at Landeldi is stoked to be a part of it.

The Icelandic carbon fiber company Trefjar ehf. will build six 12m x 3m tanks for Landeldi's hatchery at Öxnalækur. Trefjar has a great track record of reliably delivering excellent products. It operates in Landeldi's vicinity which helps to avoid the negative environmental impact of long-distance transport of such bulky items.

We proudly announce that Deep Atlantic will supply Hagar's stores in Iceland with premium salmon products, either as fillets or further processed, from December 2022 and onwards. Starting out in our own backyard makes us immensely proud. Supporting and being supported by the community is the greatest reward we as a company can hope to achieve.

Landeldi and the municipality of Ölfus just signed a contract to increase the land area for the Deep Atlantic Project from 18,3 ha to 27,2 ha. As a result, Landeldi has increased the annual forecasted production volume of its Deep Atlantic Salmon from 20.000 tons to 32.500 tons and will subsequently add several biomes in two to three phases.

Landeldi is thrilled to announce it has partnered up with Ernst & Young Iceland the country’s leading consultant agency on ESG matters to formulate Landeldi’s ESG strategy. This exciting partnership is logical step for the company and underscores the fact that Landeldi was initially founded on the principle to tackle the globally pressing environmental, social and governance challenges head on.

April through June 2021 three new boreholes were created to a maximum depth of 120m, all of them yielding astonishing results. They revealed an abundant source of seawater at a very favorable temperature and absolutely cemented the already great location as being the ideal one.