VAXA TECHNOLOGIES
embodies our shared vision: to take long-term carbon removal from the atmosphere from pioneering to planetary scale.”
Potential industries in the park VAXA Technologies is a different but complementary business at Hellisheiði, converting clean energy from the geothermal park into nutrient-rich microalgae, an increasingly popular and sustainable super food.
Kristinn Haflidarson, General Manager, says:“ VAXA’ s location in the ON Geothermal Park at Hellisheiði is strategic, because the park allows for all of VAXA’ s sustainable energy
VAXA TECHNOLOGIES
HEADQUARTERS: ICELAND NUMBER OF EMPLOYEES: < 50
The company, founded in 2016, was the first to provide hatcheries and fisheries with a year-round supply of fresh, live microalgae. It cultivates the omega- 3-rich microalgae using a carbonnegative, indoor farming process, powered by geothermal energy and utilising waste heat, water and carbon dioxide.