Minesto AB
Generates electricity from tidal and ocean currents with patented subsea kites.
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, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. The company develops and manufactures a patented technology for generating electricity from predictable tidal streams and ocean currents. Its core product, the "Dragon Class," is a line of subsea kites designed to "fly" through underwater currents. This unique principle significantly increases the relative speed of the water flowing through the kite's turbine, enabling efficient power generation even in low-velocity flows. This makes the technology scalable, affordable to install and operate, and capable of unlocking new marine energy resources. Minesto's mission is to minimize the global carbon footprint by enabling commercial-scale marine energy production.
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Filings
| Date | Filing | Language | Size | Actions | |
|---|---|---|---|---|---|
| No filings match the current criteria. | |||||
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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 |
