Presenting the Q4 results, CEO Nina Willumsen Grieg outlined the company's strategic shift from global growth to regional profitability, including land-based post-smolt investment.
After full-scale testing under a development licence, the closed containment facility is now being prepared for commercial operations with a new focus on post-smolt.
The salmon farming company is seeking to regain withdrawn licences for postsmolt production by taking advantage of the Norwegian government's incentive scheme.
The aquaculture technology supplier says new aquaculture systems could unlock 15–35% more capacity, as it reports Q3 results showing “strong momentum” across its operations.
The Norwegian aquaculture technology supplier is to deliver a module worth EUR 8.5 million to land-based salmon farmer Laxey as part of an ongoing post-smolt infrastructure project.
