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Minesto is a leading ocean energy technology company on a mission to minimise the global carbon footprint of the energy industry by enabling commercial power production from the ocean. Minesto’s award winning and patented product is the only verified marine power plant that operates cost efficiently in areas with low-flow tidal streams and ocean currents, to provide affordable and predictable renewable energy. The company was founded in 2007 as a spin-off from aircraft manufacturer Saab. Today, listed on the Nasdaq First North stock exchange with some 60 employees and operations in Sweden, Wales, and Taiwan, Minesto is a driving force in the creation of an emerging renewable energy industry. Join us as we fly to new depths and harness the vast potential of the oceans!

Minesto Questions

The Minesto annual revenue was $25.4 million in 2026.

Martin Edlund is the CEO of Minesto.

35 people are employed at Minesto.

Minesto is based in Västra Frölunda, Vaestra Goetaland.

The NAICS codes for Minesto are [33, 333].

The SIC codes for Minesto are [35, 351].

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