
Minesto AB
MINEST | ST
Overview
Corporate Details
- ISIN(s):
- SE0007578141 (+1 more)
- LEI:
- 529900U9GE0JYU3PUP93
- Country:
- Sweden
- Address:
- J A Wettergrens gata 14, 421 30 VÄSTRA FRÖLUNDA
- Website:
- https://minesto.com/
- Sector:
- Electricity, gas, steam and air conditioning supply
- Industry:
- Electric power generation, transmission and distribution activities
Description
Minesto AB is a marine energy technology developer focused on generating electricity from predictable tidal streams and ocean currents. Founded in 2007 as a spin-off from aerospace manufacturer Saab, the company has developed a unique, patented technology based on subsea kites. Its 'Dragon Class' product line features underwater kites that 'fly' through the water, a principle that significantly increases the relative speed of the water flow. This allows for smaller, lightweight, and more cost-effective turbines compared to conventional fixed installations. Minesto's mission is to provide customers with clean, reliable, and predictable electricity at competitive costs by harnessing untapped ocean energy resources.
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Filings
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Market Data
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Financials & KPIs
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Insider Transactions
Date | Insider Name | Position | Type | Shares | Value |
---|---|---|---|---|---|
2025-04-02 | Göran Linder | Other | Other | 1,111,111 | 1,711,110.94 SEK |
2025-03-25 | Cecilia Sernhage | Other | Other | 260 | 400.40 SEK |