Minesto AB
Develops subsea kite technology to generate electricity from tidal and ocean currents.
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/
Description
Minesto AB is a marine energy technology developer focused on generating electricity from predictable tidal streams and ocean currents. The company's core product is the patented "Deep Green" technology, a subsea kite system. Tethered to the seabed, the kite flies in a predetermined trajectory, which significantly increases the relative speed of the water flowing through its onboard turbine. This speed enhancement allows for efficient power generation even in low-velocity currents, expanding the exploitable marine energy resource. The design principle enables the use of smaller, lighter, and more cost-effective units compared to conventional stationary tidal power plants. Minesto's mission is to enable the commercial-scale production of clean, predictable ocean energy to minimize the global carbon footprint of the energy industry.
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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 |