Minesto
Electricity, Oil & Gas · Sweden · 11-50 Employees
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Overview
Headquarters
J a Wettergrens Gata 14, Västra Frölunda...Phone Number
+46 31290060Website
www.minesto.comRevenue
$38.7 MillionStock Symbol
MINEST.STIndustry
ZI Rank: 1
Signal Type
Dec
Jan
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May
ZI Rank
2
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1
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1
About Minesto
Minesto specializes in renewable energy generation from ocean currents and tidal streams through innovative kite systems. Their technology harnesses predictable ocean movements to provide a reliable and affordable source of energy, distinguishing it from other renewable sources like wind and solar. The company targets clients involved in energy transition projects, such as the ambitious clean energy initiative in the Faroe Islands aiming for 100% renewables by 2030. With a focus on lightweight and modular power plants, Minesto aims to unlock new renewable energy sources for a greener future.Explore more
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Company Profile Activity
Activity Insights
Minesto is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
Minesto is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Minesto.
Minesto financials insights
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2015
Grant
$15.4M
Private Equity
$4.1M
2016
Private Equity
$1.2M
Grant
$654K
2025
Debt
$2.2M
Minesto Tech Stack
A closer look at the technologies used by Minesto
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Most Recent Scoops
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Minesto News & Media
Invitation to Minesto's webinar: Q1 update by CEO
GOTHENBURG, Sweden, May 13, 2026 /PRNewswire/ -- Following the Interim Management Statement 1 January-31 March 2026, Minesto invites investors to a webinar, Monday 18 May at 2 pm (CEST). CEO Dr Martin Edlund will present and share key updates from Minesto, followed by a Q&A session. The...Invitation to Minesto's webinar: Q1 update by CEO
GOTHENBURG, Sweden, May 13, 2026 /PRNewswire/ -- Following the Interim Management Statement 1 January-31 March 2026, Minesto invites investors to a webinar, Monday 18 May at 2 pm (CEST). CEO Dr Martin Edlund will present and share key updates from Minesto, followed by a Q&A session. The...Minesto AB: Interim Management Statement 1 January - 31 March 2026
GOTHENBURG, Sweden, May 4, 2026 /PRNewswire/ -- CEO Dr Martin Edlund: "An intense first quarter has seen progress in market and technology development." Significant events January-March 2026 In January, Minesto was selected for in-depth investment advisory support by the European Investment Bank (EIB) under the PDA (Project Development Assistance) programme. The program offers extensive free of charge financial advisory support to a few carefully selected investment opportunities within the reneProject Update on Minesto Dragons in the Faroe Islands: Microgrid-scale powerplant Dragon 4 in electricity production
GOTHENBURG, Sweden, March 17, 2026 /PRNewswire/ -- Minesto's microgrid scale powerplant Dragon 4 (100kW) is installed and produces electricity to the Faroese grid, generating valuable data for the upcoming microgrid installation partly funded by the Swedish Energy Agency. The Minesto...
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Frequently Asked Questions Regarding Minesto
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Minesto specializes in renewable energy generation from ocean currents and tidal streams through innovative kite systems. Their technology harnesses predictable ocean movements to provide a reliable and affordable source of energy, distinguishing it from other renewable sources like wind and solar. The company targets clients involved in energy tra... Read More
