VAXA Technologies, which began its operations with experiments in the trunk of a car, is today a leader in sustainable microalgae cultivation.
Glóð - a planned center for innovation
Glóð will be the center for innovation, research, and collaboration in the Geothermal Park. It will connect entrepreneurs, startups, and the academic community directly to the resources of the Hellisheiði Power Station, Europe’s largest geothermal power plant, to create solutions that shape a sustainable future.
An environment that supports growth
Companies in the Geothermal Park have demonstrated how it's possible to grow and thrive in the area.
Climeworks started with a small carbon capture unit and now operates the world’s largest direct air capture plant.
Glóð will further strengthen this growth environment, enabling entities to start their journey sooner and providing them with the facilities and community to grow and thrive.
Unique world-class facilities, designed for flexibility and networking
The facility will offer:
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Main building
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Research laboratory with basic equipment
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Flexible offices and meeting rooms
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Shared workspaces and coffee facilities that encourage connection and collaboration
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Micro-plots with access to geothermal-related resources
The preliminary design is complete, and development is planned in two phases: first the infrastructure and micro-plots, and then the main building.
Bringing Glóð to life
We are not just building a house – we are creating a community.
The goal of Glóð is to create a dynamic platform where innovation, research, and collaboration flourish. Letters of intent have already been signed with powerful partners for knowledge sharing and the development of joint projects, marking an important step in building this community.
Glóð - a platform for innovation and collaboration
With the continued development of Glóð in collaboration with universities and the innovation and knowledge community, we are laying the foundation for a thriving and sustainable innovation society.
Do you want to ignite Glóð?
Get in touch and take part in shaping this unique community of innovation and sustainability.
Get in touch
Join the Geothermal Park
We welcome sustainably-minded companies, startups, and innovation projects to the Geothermal Park community, working in fields such as energy production and utilization, agriculture, algae cultivation, biotechnology, tourism, eco-friendly material production, and those that emphasize health and wellness.