AKVA group

Name

AKVA group

Legal name

AKVA group ASA

Website

https://akvagroup.com

Company type

Public

Founded year

1974

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Aquaculture Technology and Equipment

NAICS

Aquaculture (11251), Other Aquaculture (112519), Agricultural Implement Manufacturing (33311), Food Product Machinery Manufacturing (333241)

SIC

Farm Machinery & Equipment (3523), Industrial Instruments For Measurement, Display, And Control (3823), Agricultural Services (700)

akta.pro primary industry

Recirculating Aquaculture Systems (RAS) & Land-Based Farming (AFAEAAAG)

akta.pro secondary industries

Hatchery Equipment, Systems & Technology (RAS Hatcheries, Incubation, Grading, Transport Systems) (AFAEAKAL), Farm Management & Decision Support Software (FMIS, ERP, Recordkeeping) (AFAGALAA)

Keywords

• Aquaculture technology systems
• Recirculating aquaculture systems
• Submersible fish cages
• Aquaculture feeding platforms
• Underwater ROV inspection

Headquarters

HQ city

Bryne

HQ country

Norway

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Land-Based Turn-Key Projects: Design and delivery of large-scale land-based RAS smolt and salmon facilities. This is a major revenue driver with Land Based achieving record quarterly revenue of NOK 422 million in Q4 2025. Contracts include projects for Årdal Aqua AS (NOK 200 million), Cermaq Chile (USD 32.5 million phase), and Great Northern Salmon (Maine, USA). Revenue recognized over project duration with typically multi-year delivery timelines.
2. Sea-Based Equipment and Products: Sale of sea-based aquaculture equipment including nets, cages, mooring systems, boats, feed barges, pipes, lights, camera systems, and ROV equipment. Products are sold directly through sales teams and via webshop.
3. Digital Solutions and Software: Sale and licensing of digital platforms including AKVA connect (farm management software) and AKVA observe (AI feeding analytics). Revenue from software licensing, monitoring services, and digital integrations.
4. Service, Maintenance and Spare Parts: Professional service, preventive maintenance, and spare parts supply for all AKVA products. Global service network with service facilities along the Norwegian coast and international presence. Revenue from service contracts and ad hoc maintenance services.
5. Concrete Feed Barges (via DOKK Husøy Partnership): Strategic partnership with DOKK Husøy to supply concrete feed barges, complementing AKVA's existing steel barge product line for Nordic and Scottish markets.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

AKVA group designs, manufactures, and delivers integrated aquaculture technology and services for sea-based and land-based fish farming. Its portfolio spans steel and plastic cages, nets, mooring systems, feed barges, sensor and camera systems, ROVs, plus turn-key land-based RAS facilities. Digital platforms (AKVA connect, AKVA observe) provide AI-driven feeding and farm management, supported by global professional service. The company operates through subsidiaries Egersund Net, Helgeland Plast, Sperre AS, and Egersund Trading across 11 countries.

Product overview

AKVA group is the world's largest supplier of solutions and services to the aquaculture industry, operating as a diversified technology company with three main segments: Sea Based (components to complete aquaculture projects), Land Based (sustainable fish farming systems on land), and Digital (feeding assistance and production control). The product portfolio includes deep farming technologies (Nautilus, Tubenet, Atlantis) for sea lice control at depth, marine infrastructure (Omega mooring systems, nets, ROV systems), feeding solutions (waterborne feeding, feed barges), monitoring systems (AKVA smarteye cameras, environmental sensors), and digital platforms (AKVA connect, AKVA observe with AI-driven analytics, Net-Reg). The company operates through subsidiaries including Egersund Net, Helgeland Plast, Sperre ROV, and Egersund Trading.

Differentiator

Problem solved

Functional benefit

Brands

• Nautilus: Submersible net system for lower lice pressure and good fish health, developed based on experiences with Atlantis and Tubenet
• Tubenet
• Atlantis
• Omega
• AKVA smarteye
• Waterborne feeding
• Sperre ROV Technology
• Polarcirkel

Products and services

• Nautilus Submersible net cage system for deep farming operations, lowering fish below the lice zone to 20+ meters depth with integrated air dome (PE1) technology for swim bladder access and feeding. Available in Standard, XL, Collect, and Omega versions. Targets commercial sea-based salmon farmers seeking to avoid sea lice infestations at surface waters.
• Tubenet Fully integrated concept with a tarpaulin cylinder that keeps salmon submerged below surface water where lice are present, reducing lice infestation without fish handling. Includes integrated freshwater treatment capability for AGD treatment. Patented in 2014 by Egersund Net. Targets commercial salmon farmers seeking deep farming solutions.
• Atlantis Subsea Farm Submersible salmon farm where the entire structure is lowered below 20m depth. Developed through a research partnership with Sinkaberg-Hansen with documented results showing significant lice reduction—delousing once vs. three times for surface cages during the same period. AKVA owns the technology rights following project completion.
• Omega Mooring Concept Patented mooring concept that introduces a direct link between the sinker tube and the mooring grid, restraining the net from horizontal movement. Enables sustainable fish farming at exposed locations while maintaining net volume and improving water/oxygen flow.
• AKVA smarteye Modular High-definition digital underwater camera system with 360-degree pan/tilt, gyro-based stabilization, adaptive algorithms for varying water conditions, integrated environmental sensors (temperature, depth, dissolved oxygen, salinity), and wireless video transmission. Integrated with AKVA connect 4.0 and AKVA observe VMS. For aquaculture operators using video-based fish welfare and lice monitoring.
• Sperre ROV Systems ROV (Remotely Operated Vehicle) systems for offshore and inshore underwater operations. Features include interfaces to all cage types, 24-hour operation without decompression, diagnostic systems with remote technician support, and working depths down to 6,000 meters. ISO 9001:2015 certified. Targets offshore/inshore aquaculture operators and inspection service providers.
• AKVA connect Open platform for feeding performance, process control, and operational management. Integrates with cameras, sensors, feeding systems, and the AKVA observe VMS for centralized aquaculture farm management. For aquaculture operators seeking integrated digital control across sea-based and land-based operations.
• AKVA observe AI-driven feeding analytics system providing automated feeding assistance, fish behavior tracking, and production control through computer vision and machine learning. Acquired as part of the Observe Technologies acquisition (July 2024) for up to $26 million. For aquaculture operators seeking to optimize feed conversion and reduce feed loss.
• Fish Nets (Egersund Net seine nets) Quality-optimized fish farming seine nets with reduced wear and tear, lower copper usage in net treatment, web-based Net-Reg log system, and service facilities along the Norwegian coast. Certified to NS 9415:2009, ISO 9001:2015, and ISO 14001:2015. Production in Egersund, Norway and Tauragė, Lithuania. For commercial sea-based fish farmers globally.
• Polarcirkel Boats Work boats with stable PE-ponton hulls for fish farming operations, offered in various models with customization options. PE plastic Pens and boats manufactured since 1974 by Helgeland Plast. Also used in tourism and rescue services. For commercial aquaculture operators and other marine industries.
• Waterborne Feeding System Feed handling system that introduces pellets into water and transports/distributes them precisely at depth where fish are actively feeding. Benefits include reduced energy consumption, no microplast generation, flexible dosing rate, and lower noise levels. Hybrid variant combines existing airborne systems with water transport from barge to pen. For commercial sea-based fish farms seeking energy-efficient feeding.
• Land-Based RAS Turn-Key Facility Delivery Design and delivery of large-scale land-based RAS smolt and salmon facilities as turn-key projects. Includes project engineering, equipment supply, installation, and commissioning. Recent contract examples include Årdal Aqua (NOK 200 million), Cermaq Chile (USD 32.5 million phase), and Great Northern Salmon (Maine, USA). Revenue recognized over multi-year delivery timelines. For investors and operators building land-based salmon and smolt facilities.
• Professional Service and Preventive Maintenance Professional service, preventive maintenance, and spare parts supply for all AKVA products. Global service network with service facilities along the Norwegian coast and international presence. Revenue from service contracts and ad hoc maintenance services. Targets existing AKVA equipment owners across sea-based and land-based operations.
• AKVA Air Dome PE1 New and improved dome for the Nautilus concept providing better control over feeding, air pocket, and buoyancy. Features self-righting design, patent-pending distribution chamber for even feed spread, flexible feed sleeves, camera monitoring in the air pocket, and stackable construction for reduced transport costs. For commercial salmon farmers operating Nautilus submersible cages.
• Concrete Feed Barges (with DOKK Husøy) Concrete feed barges supplied via strategic partnership with DOKK Husøy for Nordic and Scottish aquaculture markets. Complements AKVA's existing steel barge product line for diverse operational needs. For commercial salmon farms requiring feed storage and distribution at sea.
• Net-Reg Logging System Web-based logging system for fish farming nets, certificates, reports and documentation with equipment database tracking. Provides traceability and inspection-record management for net operators. For fish farm operators needing to maintain documentation compliance with NS 9415:2009 and other standards.

Quantifiable outcome

• 80-90% sea lice reduction achieved in Norway through deep farming technology with over 400 cages sold
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature12 records

Partnerships

Six partnerships are on record, tiered core and major.

• AlottacoreStrategic or Co-development Partner · 12 July 2026Norwegian energy firm partnering with AKVA group and Fjord Maritime to develop and deploy floating solar panel systems over fish pens in Chile. The hybrid solar system at Mowi Chile's Huar Norte farm meets ~57% of electricity needs, cutting diesel use by 36,000+ gallons and carbon emissions by ~386 tonnes annually. Multiple projects underway including with Salmones Austral.
• Fjord MaritimecoreStrategic or Co-development Partner · 12 July 2026Aquaculture technology company partnering with AKVA group and Alotta on floating solar panel cage projects in Chile. The partnership is advancing low-emission salmon farming technology toward commercial deployment in Chile.
• Stavis SeafoodscoreChannel Partner/ Reseller/ Distributor · 26 February 2026Seafood distributor providing six-year binding offtake agreement for Great Northern Salmon's production from its Millinocket, Maine land-based salmon facility. AKVA group is the technology provider for this facility.
• PC ConstructionmajorImplementation/ SI/ Consulting Partner · 26 February 2026Construction firm engaged as the primary contractor for building Great Northern Salmon's 7,500 metric ton land-based salmon RAS facility in Millinocket, Maine. AKVA group provides the aquaculture technology.
• DOKK HusøycoreStrategic or Co-development Partner · 12 February 2026Strategic partnership to supply concrete feed barges for aquaculture farms in the Nordic region and Scotland. This partnership expands AKVA's product offerings, complementing its existing steel barge solutions with concrete alternatives for diverse operational needs.
• Observe TechnologiescoreTechnology or Integration · 1 July 2025AKVA group acquired UK-based Observe Technologies in July 2024 for up to $26 million to enhance its digital capabilities and precision fish farming portfolio with AI-driven automation and analytics. This acquisition strengthens AKVA connect and AKVA observe product lines.

Scale indicators13 records

Recent moves1 record

Expansion highlights6 records

Direct peers

• Innovasea: US-based aquaculture technology provider offering fish farming equipment, underwater sensors, monitoring systems, and RAS solutions. Competes directly with AKVA across sea-based equipment, environmental monitoring, and land-based systems for the global salmon industry.
• Billund Aquaculture: Danish RAS technology specialist delivering land-based fish farming systems with a strong focus on Atlantic salmon and smolt facilities. Directly competes with AKVA's Land-Based segment for turn-key RAS contracts across Europe, the Americas, and Asia.
• AquaMaof Aqua Culture Systems: Israeli RAS technology company specializing in land-based salmon and shrimp farming systems. Direct competitor to AKVA's Land-Based segment, with comparable turn-key delivery models and growing project pipeline globally.
• Cflow: Norwegian provider of fish handling and crowding equipment for salmon farms, including well-boats and live fish handling systems. Direct peer to AKVA's Polarcirkel boats and sea-based equipment portfolio serving the Nordic salmon industry.

Broad incumbents

• Pentair Aquatic Eco-Systems: Division of Pentair providing water flow, filtration, and life support systems for commercial aquaculture and aquarium markets. Overlaps with AKVA on RAS components and aquaculture water management, though Pentair operates as a broader water technology incumbent.
• Xylem: Global water technology company with significant presence in aquaculture water treatment, pumping, and monitoring. Operates as a broad incumbent providing enabling technology to RAS operators, including competitors and customers of AKVA's Land-Based segment.
• Veolia Water Technologies: Global water treatment and process solutions provider serving aquaculture and RAS operators. Competes broadly with AKVA on water management subsystems within land-based salmon projects, while operating across a much wider industrial water portfolio.

Others

• BioMar Group: Global aquaculture feed manufacturer and supplier to the salmon industry. While not a direct technology competitor, BioMar is a key supply chain partner and customer-adjacent ecosystem participant whose product decisions influence AKVA's feeding system design and integrations.

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCqhdETdoLQfyArYOiNI45dQ/featured
• Facebookfacebook.com/akvagroupaquaculture
• LinkedInlinkedin.com/company/akva-group-asa
• Instagraminstagram.com/akva_group

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A12 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AKVA group