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Nippon Gases in Norway, part of the European company Nippon Sanso Holdings Corporation, signed this agreement back in 2024.

ReelData provides AI and automation products that allow land-based fish farms to increase productivity.

The latest funding round sees Iceland’s three largest pension funds join as shareholders in the salmon farming company.

In April, the Icelandic land-based salmon farmer announced the transfer of its first batch of salmon to grow-out tanks.

The land-based salmon farming company is developing its facility in the traditional seafood community of Vestmannaeyjar, Iceland.

This major milestone marks the completion of the first phase of the land-based salmon farmer's six-phase development plan.