AGP Executive Report
Last update: 10 hours agoEU Membership Vote: Iceland will hold an Aug. 29 referendum on whether to reopen EU membership talks, with the core trade-off framed as control of fisheries versus potential economic gains like lower interest rates. Geothermal + AI Infrastructure: Ormat, a 60-year geothermal player, signed a power purchase deal with Google for up to 150MW in Nevada, positioning always-on geothermal as a fit for data centres and AI demand. Aviation + Connectivity: Icelandair completed a 49% stake acquisition in Malta-based Fly Play Europe, expanding access to an additional European AOC; separately, the Philippines and Iceland signed an air services pact for seven weekly flights (details still being worked out). Rare Earths in Greenland: Greenland Mines says Greenland’s government approved an indirect license transfer tied to the Sarfartoq rare-earth project, a key step toward building a Western-aligned supply chain. Drone Tech Testing: Researchers tested a cat-inspired “Ice Dart” multirotor landing system on Iceland ice, reporting successful landings on steep slopes up to ~60 degrees. Pharma Partnerships: Alvotech inked a licensing and commercialization deal with Lotus Pharmaceutical for biosimilars in the U.S. and selected Asian markets, including oncology and hemophilia products.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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