Icelandic Silicon Corporation is an Icelandic / Danish initiative being developed by Tomahawk Development, in cooperation and joint ownership with a group of engineers from Iceland.

The idea is to use the clean Icelandic geothermal energy to produce silicon, a widely used energy heavy semiconductor, in an environmental friendly way. The vision is to create the worlds new silicon valley in Iceland, and provide silicon to a number of silicon consuming companies which are underway to Iceland.