Minesto part of InnoEnergy's The Business Booster in Lisbon
GOTHENBURG, Sweden, Oct. 23, 2025 /PRNewswire/ -- Leading ocean energy developer Minesto is selected to be part of InnoEnergy's annual industry event The Business Booster, this year in Lisbon, Portugal 22-23 October 2025. InnoEnergy, initiated by...
Minesto part of Swedish high-level delegation to South Korea
GOTHENBURG, Sweden, Oct. 17, 2025 /PRNewswire/ -- This week, leading ocean energy technology developer Minesto was part of a high-level Swedish delegation to South Korea aiming to explore new partnerships and strengthen bilateral collaboration in...
Minesto raises SEK 22 million loan financing - securing continued flexibility in dynamic business context
GOTHENBURG, Sweden, June 18, 2025 /PRNewswire/ -- Minesto AB (publ) ("Minesto" or "the Company") has raised a loan financing of SEK 22 million, from Fenja Capital, intended to be used as working capital in the Company's ongoing operations and...
Minesto's tidal power plant Dragon 12 in operation reaching key production performance milestone
GOTHENBURG, Sweden, June 12, 2025 /PRNewswire/ -- Minesto, leading ocean energy developer, today announces that its Dragon 12 tidal energy system (Luna), installed in Vestmannasund, Faroe Islands, has met a major production performance milestone:...
Project Update Vestmanna: Commercial Scale Powerplant: Dragon 12 grid connected, producing electricity
GOTHENBURG, Sweden, May 20, 2025 /PRNewswire/ -- Minesto, leading ocean energy developer, continues operation and testing activities in Vestmanna, Faroe Islands. The Dragon 12-megawatt tidal kite 'Luna' is in electricity production, following an...
Minesto joins World Expo 2025 in Osaka, Japan as part of the Swedish official delegation
GOTHENBURG, Sweden, May 14, 2025 /PRNewswire/ -- Minesto, leading technology developer in ocean energy, joins the World Expo 2025 in Osaka, Japan, as part of the Swedish official delegation and partner to the Nordic Pavilion. Today 14 May, Sweden...
Minesto features in internationally broadcast documentary, 'Engineering Tomorrow'
GOTHENBURG, Sweden, April 30, 2025 /PRNewswire/ -- Leading ocean energy developer, Minesto, features in a new internationally broadcast documentary series `Engineering Tomorrow'. Minesto's pioneering underwater kite technology is showcased in...
Invitation to Minesto's Webinar: Interim Management Statement Q1 2025
GOTHENBURG, Sweden, April 28, 2025 /PRNewswire/ -- On April 30, Minesto, leading ocean energy developer, will publish their Interim Management Statement 1 January - 31 March 2025. Dr Martin Edlund, CEO, and Gustav Kvibling, CFO, will present details...
Minesto's unique ocean energy technology at the centre of global branding campaign together with SKF
GOTHENBURG, Sweden, March 27, 2025 /PRNewswire/ -- Minesto, leading developer of ocean energy is selected by renowned bearing manufacturer SKF to be part of a large-scale international marketing brand campaign. The campaign "The Faroe Islands Space...
A space program that never leaves Earth
GOTHENBURG, Sweden, March 27, 2025 /PRNewswire/ -- While others race to the moon and back, the Faroe Islands space program takes a bold new step in space exploration-without ever leaving Earth. One of the largest bearing manufacturers SKF, and ocean...