Why this team is betting its island's future on land-based salmon

This nearly $700 million project is transforming a local economy.

Laxey CEO Dadi Palsson (left) and COO Hallgrimur Steinsson (right) and in front of the Vestmannaeyjar-based hybrid flow-through project.
Laxey CEO Dadi Palsson (left) and COO Hallgrimur Steinsson (right) and in front of the Vestmannaeyjar-based hybrid flow-through project.Photo: Drew Cherry/IntraFish
Published 21 June 2025, 00:14Updated 21 June 2025, 00:46
Land-based salmonLand-based aquacultureFarmed salmonIcelandLaxey