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technologies.
ABOUT US | MINESTO
About us. Minesto is a marine energy technology developer, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. Since then, Minesto has successfully developed its unique Deep Green technology. The company has operations in Sweden, Wales, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden. Mainowners are BGA
THE FUTURE OF RENEWABLE ENERGY The future of renewable energy. Imagine that you are standing on a beach, flying a kite in the wind. You feel the strong lift force from the kite in the rope as the wind tries to carry the kite away. As you move the kite sideways, you notice that it flies fast – way faster than the wind is blowing. If you would attach a turbine to the kiteHOLYHEAD DEEP
Holyhead Deep has been identified as a perfect location for a utility-scale Deep Green installation. The area matches all the site requirements by providing low-flow tidal velocities (1.5–2 m/s mean peak flow) at a depth of 80–100 meter, only approx. 8 km fromHolyhead where
OUR HISTORY
INTERIM MANAGEMENT STATEMENT 1 JANUARY–31 MARCH … Minesto AB (publ) Interim Management Statement 1 January 31 March 2021 6 Income SEK thousand Jan–Mar 2021 Jan–Mar 2020 Full Year 2020 Operating income 10,480 11,850 43,991GROUP CONTROLLER
NYHETER | MINESTOTRANSLATE THIS PAGE Nyheter. Minesto, ledande utvecklare inom marin energi, förstärker sin redan omfattande patentportfölj kring bolagets unika havsenergiteknik. Minesto har beviljats ett nytt patent genom vilket bolaget förlänger skyddet av sin kärnteknik. Läs mer ». MINESTO AND SCHNEIDER ELECTRIC JOIN FORCES TO Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907TECKNINGSOPTION TO3
Om teckningsoption TO3. Sammanlagt 10 334 516 teckningsoptioner av serie TO3 i Minesto AB utfärdades i samband med två emissioner av units under 2019. En (1) teckningsoption TO3 berättigade till teckning av en (1) aktie i Minesto AB under teckningsperioden som löpte från januari 2020 till och med den 30 april 2021. Teckningskurs var 16,20 POWER TO CHANGE THE FUTURE 600. GW installed capacity. The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle. By sweeping a small turbine across a large area, at a speed several times the actual speed of the underwater current, Minesto's subsea kite enhances the energy conversion compared to othertechnologies.
ABOUT US | MINESTO
About us. Minesto is a marine energy technology developer, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. Since then, Minesto has successfully developed its unique Deep Green technology. The company has operations in Sweden, Wales, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden. Mainowners are BGA
THE FUTURE OF RENEWABLE ENERGY The future of renewable energy. Imagine that you are standing on a beach, flying a kite in the wind. You feel the strong lift force from the kite in the rope as the wind tries to carry the kite away. As you move the kite sideways, you notice that it flies fast – way faster than the wind is blowing. If you would attach a turbine to the kiteHOLYHEAD DEEP
Holyhead Deep has been identified as a perfect location for a utility-scale Deep Green installation. The area matches all the site requirements by providing low-flow tidal velocities (1.5–2 m/s mean peak flow) at a depth of 80–100 meter, only approx. 8 km fromHolyhead where
OUR HISTORY
INTERIM MANAGEMENT STATEMENT 1 JANUARY–31 MARCH … Minesto AB (publ) Interim Management Statement 1 January 31 March 2021 6 Income SEK thousand Jan–Mar 2021 Jan–Mar 2020 Full Year 2020 Operating income 10,480 11,850 43,991GROUP CONTROLLER
NYHETER | MINESTOTRANSLATE THIS PAGE Nyheter. Minesto, ledande utvecklare inom marin energi, förstärker sin redan omfattande patentportfölj kring bolagets unika havsenergiteknik. Minesto har beviljats ett nytt patent genom vilket bolaget förlänger skyddet av sin kärnteknik. Läs mer ». MINESTO AND SCHNEIDER ELECTRIC JOIN FORCES TO Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907TECKNINGSOPTION TO3
Om teckningsoption TO3. Sammanlagt 10 334 516 teckningsoptioner av serie TO3 i Minesto AB utfärdades i samband med två emissioner av units under 2019. En (1) teckningsoption TO3 berättigade till teckning av en (1) aktie i Minesto AB under teckningsperioden som löpte från januari 2020 till och med den 30 april 2021. Teckningskurs var 16,20 PROJECT AND TECHNOLOGY DEVELOPMENT Project and technology development. Functionality and power production of the Deep Green technology have been verified in ocean testing. First electricity was produced in 2009 and today Minesto has established projects in Europe and Asia projects to enable the commercial roll-out of the company's unique renewable energytechnology.
OCEAN ENERGY
The main sources of ocean energy are: Tidal streams. Ocean currents. Tidal range (rise and fall) Waves. Ocean thermal energy. Salinity gradients. Minesto's Deep Green technology is developed to efficiently harvests the energy in tidal streams and ocean currents. Tidal streams and ocean currents offer safe, reliable and locally produced INVESTOR INFORMATION For the full archive of financial reports in Swedish, see this link. TO3 Warrants. For information on Minesto's TO3 Warrants scheme, see this link. Rights Issue 2019. For information about Minesto's Rights Issue carried out in December 2019, see this link. ContactNEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation. CAREER OPPORTUNITIES Career opportunities. To work at Minesto is a chance to really change the world. We offer an inspiring engineering challenge and an opportunity to take part in the entire product development cycle. With powerful investors, global expansion potential and strong public support, we are always keeping our eyes open for world-class engineerswho
MINESTO ONE OF THE NORDIC’S LEADING COMPANIES OF THE Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907NEWS & MEDIA
The Board of Swedish marine energy company Minesto has decided to apply for listing of the companys shares on First North at NASDAQ Stockholm and conduct a new issue of units directed to the public in Sweden of appoximatley EUR 10 million.GROUP CONTROLLER
Minesto was founded in 2007 as a spin-off from aircraft manufacturer Saab. Today, listed on the Nasdaq First North stock exchange and with more than 50 employees and operations in Sweden, Wales, Northern Ireland and Taiwan, Minesto is a driving force in the creation of an emerging renewable energy industry.NEWS & MEDIA
As part of a series of articles on climate change, how this affects the world and what solutions are available, Swedish newspaper Göteborgs-Posten together with Business Region Gothenburg and the West Swedish Chamber of Commerce have listedNEWS & MEDIA
The Welsh Government has confirmed that it will engage with Minesto in advanced business planning for the second stage of public funding for Minesto’s tidal energy project in POWER TO CHANGE THE FUTURE The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle. By sweeping a small turbine across a large area, at a speed several times the actual speed of the underwater current, Minesto's subsea kite enhances the energy conversion compared to other technologies.ABOUT US | MINESTO
About us. Minesto is a marine energy technology developer, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. Since then, Minesto has successfully developed its unique Deep Green technology. The company has operations in Sweden, Wales, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden. Mainowners are BGA
THE FUTURE OF RENEWABLE ENERGY The future of renewable energy. Imagine that you are standing on a beach, flying a kite in the wind. You feel the strong lift force from the kite in the rope as the wind tries to carry the kite away. As you move the kite sideways, you notice that it flies fast – way faster than the wind is blowing. If you would attach a turbine to the kite PROJECT AND TECHNOLOGY DEVELOPMENT Project and technology development. Functionality and power production of the Deep Green technology have been verified in ocean testing. First electricity was produced in 2009 and today Minesto has established projects in Europe and Asia projects to enable the commercial roll-out of the company's unique renewable energytechnology.
NEWS & MEDIA
April 16, 2021. News. Minesto's largest owners BGA Invest and Midroc New Technology have exercised all of their warrants of series TO3 in Minesto AB. Through this, Minesto will add approximately SEK 44.7 million in proceeds before issue costs, corresponding to approximately 27 percent of the total TO3 program. INVESTOR INFORMATION For the full archive of financial reports in Swedish, see this link. TO3 Warrants. For information on Minesto's TO3 Warrants scheme, see this link. Rights Issue 2019. For information about Minesto's Rights Issue carried out in December 2019, see this link. ContactOCEAN ENERGY
The main sources of ocean energy are: Tidal streams. Ocean currents. Tidal range (rise and fall) Waves. Ocean thermal energy. Salinity gradients. Minesto's Deep Green technology is developed to efficiently harvests the energy in tidal streams and ocean currents. Tidal streams and ocean currents offer safe, reliable and locally producedOUR HISTORY
HOLYHEAD DEEP
Holyhead Deep has been identified as a perfect location for a utility-scale Deep Green installation. The area matches all the site requirements by providing low-flow tidal velocities (1.5–2 m/s mean peak flow) at a depth of 80–100 meter, only approx. 8 km fromHolyhead where
NYHETER | MINESTOTRANSLATE THIS PAGE Minesto förstärker och förlänger sitt IP-skydd med beviljat patent. 2021-04-16. Nyheter. Minesto, ledande utvecklare inom marin energi, förstärker sin redan omfattande patentportfölj kring bolagets unika havsenergiteknik. Minesto har beviljats ett nytt patent genom vilket bolaget förlänger skyddet av sin kärnteknik. Läs mer.
POWER TO CHANGE THE FUTURE The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle. By sweeping a small turbine across a large area, at a speed several times the actual speed of the underwater current, Minesto's subsea kite enhances the energy conversion compared to other technologies.ABOUT US | MINESTO
About us. Minesto is a marine energy technology developer, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. Since then, Minesto has successfully developed its unique Deep Green technology. The company has operations in Sweden, Wales, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden. Mainowners are BGA
THE FUTURE OF RENEWABLE ENERGY The future of renewable energy. Imagine that you are standing on a beach, flying a kite in the wind. You feel the strong lift force from the kite in the rope as the wind tries to carry the kite away. As you move the kite sideways, you notice that it flies fast – way faster than the wind is blowing. If you would attach a turbine to the kite PROJECT AND TECHNOLOGY DEVELOPMENT Project and technology development. Functionality and power production of the Deep Green technology have been verified in ocean testing. First electricity was produced in 2009 and today Minesto has established projects in Europe and Asia projects to enable the commercial roll-out of the company's unique renewable energytechnology.
NEWS & MEDIA
April 16, 2021. News. Minesto's largest owners BGA Invest and Midroc New Technology have exercised all of their warrants of series TO3 in Minesto AB. Through this, Minesto will add approximately SEK 44.7 million in proceeds before issue costs, corresponding to approximately 27 percent of the total TO3 program. INVESTOR INFORMATION For the full archive of financial reports in Swedish, see this link. TO3 Warrants. For information on Minesto's TO3 Warrants scheme, see this link. Rights Issue 2019. For information about Minesto's Rights Issue carried out in December 2019, see this link. ContactOCEAN ENERGY
The main sources of ocean energy are: Tidal streams. Ocean currents. Tidal range (rise and fall) Waves. Ocean thermal energy. Salinity gradients. Minesto's Deep Green technology is developed to efficiently harvests the energy in tidal streams and ocean currents. Tidal streams and ocean currents offer safe, reliable and locally producedOUR HISTORY
HOLYHEAD DEEP
Holyhead Deep has been identified as a perfect location for a utility-scale Deep Green installation. The area matches all the site requirements by providing low-flow tidal velocities (1.5–2 m/s mean peak flow) at a depth of 80–100 meter, only approx. 8 km fromHolyhead where
NYHETER | MINESTOTRANSLATE THIS PAGE Minesto förstärker och förlänger sitt IP-skydd med beviljat patent. 2021-04-16. Nyheter. Minesto, ledande utvecklare inom marin energi, förstärker sin redan omfattande patentportfölj kring bolagets unika havsenergiteknik. Minesto har beviljats ett nytt patent genom vilket bolaget förlänger skyddet av sin kärnteknik. Läs mer.
NEWS & MEDIA
March 12, 2021. Press releases. Leading marine energy developer Minesto and Schneider Electric, the global leader in the digital transformation of energy management and automation, have entered a Memorandum of Understanding to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology. MANAGEMENT | MINESTO Chief Executive Officer. Employed since 2016. Dr Martin Edlund has for the last 20 years combined management consulting and strategy research collaboration with world-class technology companies such as ABB, GE, LM Ericsson and SKF. He has been active in the marine energy industry for the last decade. Since 2016 Martin Edlund leads Minesto'sBUSINESS MODEL
Business model. Minesto’s goal is to be a world-leading equipment supplier in the field of marine energy. The company’s core business is the development and sale of power plants to project developers, energy companies and independent power producers. Minesto’s special expertise is in the development of systems for converting marineenergy
CAREER OPPORTUNITIES Career opportunities. To work at Minesto is a chance to really change the world. We offer an inspiring engineering challenge and an opportunity to take part in the entire product development cycle. With powerful investors, global expansion potential and strong public support, we are always keeping our eyes open for world-class engineerswho
NEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation.NEWS & MEDIA
Minesto’s “revolutionary sea kite design” features on BBC’s Our Coast Last weekend’s episode of Our Coast, a TV show broadcasted on BBC Two, exploring the spectacular coastlines linked by the Irish Sea, featured a section on tidal energy in general –NEWS & MEDIA
not for release, publication or distribution in whole or in part, directly or indirectly, in the united states, australia, canada, new zealand, hong kong, japan, singapore, south africa, south korea or any other jurisdiction where such release, publication or distribution would be unlawful or wouldBOARD OF DIRECTORS
Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907 MINESTO SIGNS PPA WITH ELECTRIC UTILITY SEV FOR UTILITY Press releases. Leading marine energy developer Minesto has signed a power purchase agreement (PPA) with the Faroese electric utility company SEV, advancing the parties’ collaboration to integrate tidal energy in the Faroe Island’s electricity mix. The PPA comprises both the planned installations of two 100kW systems of Minesto’s subsea MINESTO AND SCHNEIDER ELECTRIC JOIN FORCES TO Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907 POWER TO CHANGE THE FUTURE The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle. By sweeping a small turbine across a large area, at a speed several times the actual speed of the underwater current, Minesto's subsea kite enhances the energy conversion compared to other technologies. THE FUTURE OF RENEWABLE ENERGY Minesto’s marine energy technology, called Deep Green, generates electricity from low-flow tidal streams and ocean currents by a unique and patented principle similar to a stunt kite flying in the wind.ABOUT US | MINESTO
Minesto is a marine energy technology developer, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. Since then, Minesto has successfully developed its unique Deep Green technology.. The company has operations in Sweden, Wales, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden.NEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation. PROJECT AND TECHNOLOGY DEVELOPMENT Functionality and power production of the Deep Green technology have been verified in ocean testing. First electricity was produced in 2009 and today Minesto has established projects in Europe and Asia projects to enable the commercial roll-out of the company's unique renewableenergy technology.
INVESTOR INFORMATION For the full archive of financial reports in Swedish, see this link. TO3 Warrants. For information on Minesto's TO3 Warrants scheme, see this link. Rights Issue 2019. For information about Minesto's Rights Issue carried out in December 2019, see this link. ContactOUR HISTORY
HOLYHEAD DEEP
Holyhead Deep has been identified as a perfect location for a utility-scale Deep Green installation. The area matches all the site requirements by providing low-flow tidal velocities (1.5–2 m/s mean peak flow) at a depth of 80–100 meter, only approx. 8 km fromHolyhead where
NYHETER | MINESTO
Förinspelat anförande av vd Martin Edlund till årsstämman i Minesto AB den 2 juni 2021. Mot bakgrund av fortsatt smittspridning och restriktioner relaterat till coronapandemin hölls Minestos årsstämma 2021 endast via poströstning, helt utan fysisk närvaro. MINESTO SIGNS PPA WITH ELECTRIC UTILITY SEV FOR UTILITY Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907 POWER TO CHANGE THE FUTURE The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle. By sweeping a small turbine across a large area, at a speed several times the actual speed of the underwater current, Minesto's subsea kite enhances the energy conversion compared to other technologies. THE FUTURE OF RENEWABLE ENERGY Minesto’s marine energy technology, called Deep Green, generates electricity from low-flow tidal streams and ocean currents by a unique and patented principle similar to a stunt kite flying in the wind.ABOUT US | MINESTO
Minesto is a marine energy technology developer, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. Since then, Minesto has successfully developed its unique Deep Green technology.. The company has operations in Sweden, Wales, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden.NEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation. PROJECT AND TECHNOLOGY DEVELOPMENT Functionality and power production of the Deep Green technology have been verified in ocean testing. First electricity was produced in 2009 and today Minesto has established projects in Europe and Asia projects to enable the commercial roll-out of the company's unique renewableenergy technology.
INVESTOR INFORMATION For the full archive of financial reports in Swedish, see this link. TO3 Warrants. For information on Minesto's TO3 Warrants scheme, see this link. Rights Issue 2019. For information about Minesto's Rights Issue carried out in December 2019, see this link. ContactOUR HISTORY
HOLYHEAD DEEP
Holyhead Deep has been identified as a perfect location for a utility-scale Deep Green installation. The area matches all the site requirements by providing low-flow tidal velocities (1.5–2 m/s mean peak flow) at a depth of 80–100 meter, only approx. 8 km fromHolyhead where
NYHETER | MINESTO
Förinspelat anförande av vd Martin Edlund till årsstämman i Minesto AB den 2 juni 2021. Mot bakgrund av fortsatt smittspridning och restriktioner relaterat till coronapandemin hölls Minestos årsstämma 2021 endast via poströstning, helt utan fysisk närvaro. MINESTO SIGNS PPA WITH ELECTRIC UTILITY SEV FOR UTILITY Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907NEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation.NEWS & MEDIA
A total of 10,236,653 new shares were subscribed for in Minesto AB through the exercise of the TO3 warrants. Subscription has taken place in instalments during the subscription period, which ran from January 2020 to 30 April 2021. MANAGEMENT | MINESTO Fredrik Ahlström. Chief Financial Officer. Employed since 2015. Fredrik Ahlström has 20 years of experience in financial management and international business, leading financial operations of companies in capital-intensive industries and holding strategic positions inNEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation.BUSINESS MODEL
Minesto’s goal is to be a world-leading equipment supplier in the field of marine energy. The company’s core business is the development and sale of power plants to project developers, energy companies and independent power producers.NEWS & MEDIA
Minesto’s “revolutionary sea kite design” features on BBC’s Our Coast Last weekend’s episode of Our Coast, a TV show broadcasted on BBC Two, exploring the spectacular coastlines linked by the Irish Sea, featured a section on tidal energy in general – CAREER OPPORTUNITIES Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907NEWS & MEDIA
Dr Martin Edlund, CEO of Minesto said that there has been important progress and results from the installation and commission activities that have been conducted so far in Vestmannasund.NEWS & MEDIA
not for release, publication or distribution in whole or in part, directly or indirectly, in the united states, australia, canada, new zealand, hong kong, japan, singapore, south africa, south korea or any other jurisdiction where such release, publication or distribution would be unlawful or wouldBOARD OF DIRECTORS
Minesto's Board of Directors consists of a mix of highly experienced people combining entrepreneurial track records and extensive experience of business development with expertise in technology development, commercialisation of new products and project finance. POWER TO CHANGE THE FUTURE The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle. By sweeping a small turbine across a large area, at a speed several times the actual speed of the underwater current, Minesto's subsea kite enhances the energy conversion compared to other technologies. THE FUTURE OF RENEWABLE ENERGY Minesto’s marine energy technology, called Deep Green, generates electricity from low-flow tidal streams and ocean currents by a unique and patented principle similar to a stunt kite flying in the wind.ABOUT US | MINESTO
Minesto is a marine energy technology developer, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. Since then, Minesto has successfully developed its unique Deep Green technology.. The company has operations in Sweden, Wales, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden.NEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation. PROJECT AND TECHNOLOGY DEVELOPMENT Functionality and power production of the Deep Green technology have been verified in ocean testing. First electricity was produced in 2009 and today Minesto has established projects in Europe and Asia projects to enable the commercial roll-out of the company's unique renewableenergy technology.
INVESTOR INFORMATION For the full archive of financial reports in Swedish, see this link. TO3 Warrants. For information on Minesto's TO3 Warrants scheme, see this link. Rights Issue 2019. For information about Minesto's Rights Issue carried out in December 2019, see this link. ContactOUR HISTORY
HOLYHEAD DEEP
Holyhead Deep has been identified as a perfect location for a utility-scale Deep Green installation. The area matches all the site requirements by providing low-flow tidal velocities (1.5–2 m/s mean peak flow) at a depth of 80–100 meter, only approx. 8 km fromHolyhead where
NYHETER | MINESTO
Förinspelat anförande av vd Martin Edlund till årsstämman i Minesto AB den 2 juni 2021. Mot bakgrund av fortsatt smittspridning och restriktioner relaterat till coronapandemin hölls Minestos årsstämma 2021 endast via poströstning, helt utan fysisk närvaro. MINESTO SIGNS PPA WITH ELECTRIC UTILITY SEV FOR UTILITY Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907 POWER TO CHANGE THE FUTURE The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle. By sweeping a small turbine across a large area, at a speed several times the actual speed of the underwater current, Minesto's subsea kite enhances the energy conversion compared to other technologies. THE FUTURE OF RENEWABLE ENERGY Minesto’s marine energy technology, called Deep Green, generates electricity from low-flow tidal streams and ocean currents by a unique and patented principle similar to a stunt kite flying in the wind.ABOUT US | MINESTO
Minesto is a marine energy technology developer, founded in 2007 as a spin-off from Swedish aerospace manufacturer Saab. Since then, Minesto has successfully developed its unique Deep Green technology.. The company has operations in Sweden, Wales, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden.NEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation. PROJECT AND TECHNOLOGY DEVELOPMENT Functionality and power production of the Deep Green technology have been verified in ocean testing. First electricity was produced in 2009 and today Minesto has established projects in Europe and Asia projects to enable the commercial roll-out of the company's unique renewableenergy technology.
INVESTOR INFORMATION For the full archive of financial reports in Swedish, see this link. TO3 Warrants. For information on Minesto's TO3 Warrants scheme, see this link. Rights Issue 2019. For information about Minesto's Rights Issue carried out in December 2019, see this link. ContactOUR HISTORY
HOLYHEAD DEEP
Holyhead Deep has been identified as a perfect location for a utility-scale Deep Green installation. The area matches all the site requirements by providing low-flow tidal velocities (1.5–2 m/s mean peak flow) at a depth of 80–100 meter, only approx. 8 km fromHolyhead where
NYHETER | MINESTO
Förinspelat anförande av vd Martin Edlund till årsstämman i Minesto AB den 2 juni 2021. Mot bakgrund av fortsatt smittspridning och restriktioner relaterat till coronapandemin hölls Minestos årsstämma 2021 endast via poströstning, helt utan fysisk närvaro. MINESTO SIGNS PPA WITH ELECTRIC UTILITY SEV FOR UTILITY Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907NEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation.NEWS & MEDIA
A total of 10,236,653 new shares were subscribed for in Minesto AB through the exercise of the TO3 warrants. Subscription has taken place in instalments during the subscription period, which ran from January 2020 to 30 April 2021. MANAGEMENT | MINESTO Fredrik Ahlström. Chief Financial Officer. Employed since 2015. Fredrik Ahlström has 20 years of experience in financial management and international business, leading financial operations of companies in capital-intensive industries and holding strategic positions inNEWS & MEDIA
Pre-recorded speech, in Swedish, by CEO Martin Edlund to the Annual General Meeting of Minesto AB on 2 June 2021. In light of the continued spread of infection and restrictions related to the corona pandemic, Minesto's AGM 2021 was held only by postal vote without physical participation.BUSINESS MODEL
Minesto’s goal is to be a world-leading equipment supplier in the field of marine energy. The company’s core business is the development and sale of power plants to project developers, energy companies and independent power producers.NEWS & MEDIA
Minesto’s “revolutionary sea kite design” features on BBC’s Our Coast Last weekend’s episode of Our Coast, a TV show broadcasted on BBC Two, exploring the spectacular coastlines linked by the Irish Sea, featured a section on tidal energy in general – CAREER OPPORTUNITIES Minesto UK Ltd. 41-43 Market Street. Holyhead, Anglesey. LL65 1UN. United Kingdom +44 1407 762907NEWS & MEDIA
Dr Martin Edlund, CEO of Minesto said that there has been important progress and results from the installation and commission activities that have been conducted so far in Vestmannasund.NEWS & MEDIA
not for release, publication or distribution in whole or in part, directly or indirectly, in the united states, australia, canada, new zealand, hong kong, japan, singapore, south africa, south korea or any other jurisdiction where such release, publication or distribution would be unlawful or wouldBOARD OF DIRECTORS
Minesto's Board of Directors consists of a mix of highly experienced people combining entrepreneurial track records and extensive experience of business development with expertise in technology development, commercialisation of new products and project finance.Jump to navigation
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POWER TO CHANGE THE FUTURE Explore the future of renewable energy Minesto develops a revolutionary concept for generating electricity from the ocean that unlocks a so far untapped renewableenergy resource.
Exploits low-flow streams from1.2
m/s stream velocities Successfully demonstrated with500
kW commercial-scale unit Global expansion potential600
GW installed capacity The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle. By sweeping a small turbine across a large area, at a speed several times the actual speed of the underwater current, Minesto's subsea kite enhances the energy conversion compared to other technologies. As a result it is applicable in areas where no other known technology can operate costeffectively.
Read more about our technology CONTRIBUTOR TO FAROE ISLANDS’ CLEAN ENERGY TRANSITION Minesto is part of one of the world’s most ambitious energy transition schemes in the Faroe Islands, where tidal energy can play an essential role in reaching 100% renewable by 2030.Read more
MINESTO NEWS UPDATE 15 MAY 2020May 15, 2020
Press releases
Minesto features in CNBC report · Video: Presentation at Redeye Next Generation Renewables · Analyst: Three “sustainable growth favourites” · “... Minesto features in CNBC report Minesto and its collaboration partner SEV feature in an article by CNBC, one of the world's largest businessnews...
CNBC: AN ARCHIPELAGO IN THE ATLANTIC WANTS TO ADD TIDAL POWER TO ITS ENERGY MIX BY USING KITE-LIKE TECHMay 14, 2020
Media
Minesto and its collaboration partner SEV feature in an article by CNBC, one of the world's largest business news networks, reporting onthe Faroe...
VIDEO: PRESENTATION AT REDEYE NEXT GENERATION RENEWABLES (IN SWEDISH)May 12, 2020
Presentations
Media
On 12 May Minesto participated in an investor event focusing on new green energy technologies, “ Next Generation Renewables ”, arranged by Redeye...x
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Information om årsstämma 2020MINESTO AB
Vita gavelns väg 6
426 71 Västra FrölundaSweden
+46 (0) 31-29 00 60
MINESTO UK LTD
41-43 Market Street
Holyhead, Anglesey
LL65 1UN
United Kingdom
+44 1407 762907
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