Viking Aqua has previously signed a partnership agreement with Framo AS on the development of water and pumping technology and an agreement with Overhalla Betong AS on the construction of the grow-out and smolt facility. In addition, the company has entered into an agreement on the groundworks with Magne Hope AS, a local contractor with over 50 years of experience in groundwork. The company’s annual turnover is between MNOK 100 – 160, has 65 employees and is ISO certified.

Viking Aqua's vision is to create value through innovation and data-driven knowledge. The company shall be the world's leading centre of expertise for land-based aquaculture. The overall strategy is based on the five pillars; partnership, technology, sustainability, fish welfare and R&D. The company's mission is to design and build the next generation of marin RAS facility for Atlantic salmon. To achieve this goal, the focus is on R&D and finding dedicated and professional partners both professionally and business-wise, for collaboration. In this way, the company's ambition to produce the happiest, healthiest and best salmon can take place.

Shane A. Hunter, CEO of AquaBioTech Group says;
“We are very excited to have been selected to join the Viking Aqua project partnership, which aims to develop one of the most sustainable land-based salmon RAS farming operations. Viking Aqua has clustered a very strong group of companies with the collective aim of achieving significant breakthroughs in marine RAS development that seek to significantly lower the energy requirement and overall production cost, whilst achieving the highest levels of sustainability and fish welfare standards. All these objectives will be achieved by utilising the very latest technology, and a number of cutting-edge innovations in smartRAS. The Viking Aqua facility we will develop and showcase how intensive, yet environmentally conscious, sustainable aquaculture can be achieved using the next generation RAS technology.”

From left: Stein Inge Larsen, COB at Viking Aqua AS, Shane A. Hunter, CEO of ABTG and George D. Mantas, Business Development Director at ABTG.
Photo: AquaBioTech Group

In a private placement that was approved at the General Meeting on the 20th of June, existing and new owners have raised right below MNOK 20 as new business capital for the Company. One of the new shareholders is Øystein Hope, owner of Magne Hope AS. "I strongly believe that land-based farming, where there is much better control over both waste and the risk of infection, is the future in this industry», says Hope.

Ingar Valvik, CEO of Viking Aqua, is very pleased with the team in charge of realising the fish farming project. "We have established dedicated and complementary partnerships with the aim to achieve something great. But not least ensured the involvement of competent persons, with a common vision and the right values for developing and operating a fish farming company where efficient industrial processes, fish welfare and sustainability will reach new levels", concludes Valvik.

Contact person:
Ingar Valvik
CEO, Viking Aqua AS
Mobile: (+47) 997 01 083
E-mail: ingar@vikingaqua.no

Lead photo:
From left: Ray J. Muscat, COO Engineering, ABTG, George D. Mantas, Business Development Director at ABTG, Shane A. Hunter, CEO of ABTG and Stein Inge Larsen, COB at Viking Aqua.
Photo: AquaBioTech Group