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Minesto AB (publ) (7MN.F)

0.2575

+0.0295

+(12.94%)

At close: June 13 at 8:07:01 AM GMT+2

Minesto's tidal power plant Dragon 12 in operation reaching key production performance milestone

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: the longer tether enables a 25% increase of power performance. This strengthens the company's path toward commercial-scale deployment of its unique tidal kite technology.

PR Newswire 2 days ago

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Report from the Annual General Meeting 2025 of Minesto AB

The Annual General Meeting of Minesto AB was held today, 22 May 2025, at Hotel Riverton at Badhusgatan 26 in Gothenburg. Chairman of the Annual General Meeting (the "AGM") was Eric Ehrencrona from MAQS Advokatbyrå.

PR Newswire 23 days ago

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Project Update Vestmanna: Commercial Scale Powerplant: Dragon 12 grid connected, producing electricity

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 upgrade period most prominently including a longer tether.

PR Newswire 25 days ago

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Minesto joins World Expo 2025 in Osaka, Japan as part of the Swedish official delegation

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 celebrated its national day at World Expo, the delegation led by HM King Carl XVI Gustaf. Minesto CEO Dr. Martin Edlund was invited to join the visit and ceremony as part of the Swedish official delegation.

PR Newswire last month

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Minesto features in internationally broadcast documentary, 'Engineering Tomorrow'

Leading ocean energy developer, Minesto, features in a new internationally broadcast documentary series `Engineering Tomorrow'. Minesto's pioneering underwater kite technology is showcased in the `Ocean Power' episode, selected as one of a few tidal energy technologies to be showcased.

PR Newswire last month

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Minesto AB: Interim Management Statement 1 January - 31 March 2025

CEO Dr Martin Edlund: 'Record public exposure and solid progress'

PR Newswire last month

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Invitation to Minesto's Webinar: Interim Management Statement Q1 2025

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 of the report in a webinar and share key updates from Minesto, followed by a Q&A session.

PR Newswire last month

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Notice to attend the Annual General Meeting in Minesto AB

The shareholders of Minesto AB (publ), reg. no. 556719-4914, ("Minesto" or the "Company") are hereby given notice to attend the Annual General Meeting on Thursday 22 May 2025 at 10.00 a.m. at Hotel Riverton, Stora Badhusgatan 26 in Gothenburg. Registration for the general meeting begins at 9.30 a.m.

PR Newswire last month

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Minesto announces outcome in the exercise of warrants of series TO4 and resolves on directed issues to underwriter

Minesto AB (publ) ("Minesto" or the "Company") today announces the outcome of the exercise of warrants of series TO4, which were issued in connection with the Company's rights issue of units during the second quarter of 2024. In total, 9,906,055 warrants of series TO4 were exercised, corresponding to approximately 89.0 percent of the total number of outstanding warrants of series TO4, for subscription of 9,906,055 shares at a subscription price of SEK 1.54 per share. Guarantee commitments of 1,2

PR Newswire 2 months ago

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The last day of trading with the warrants of series TO4

Today, 28 March 2025, is the last day of trading with the warrants of series TO4 in Minesto AB (publ) ('Minesto' or the 'Company'). The subscription period for the warrants of series TO4 runs up to and including 1 April 2025. Each warrant of series TO4 gives the owner the right to subscribe for one (1) new share in the Company. The exercise price for the warrants of series TO4 has been determined to SEK 1.54 per share. Please observe that certain nominees might close their application earlier th

PR Newswire 2 months ago

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Minesto's unique ocean energy technology at the centre of global branding campaign together with SKF

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 Program - a space program that never leaves earth" highlights Minesto's innovative and lightweight yet powerful tidal energy kites; and the opportunity to harness 'moon energy', making the most of the Earth's resources in a sustainable approach.

PR Newswire 2 months ago

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Minesto has received a top guarantee commitment regarding the exercise of warrants of series TO4

Minesto AB (publ) ("Minesto" or the "Company") announces that the Company today, 24 March 2025, has received a guarantee commitment of approximately 10.3 MSEK from an external investor regarding the utilization of warrants of series TO4. The guarantee commitment is a so-called top guarantee and can be utilized in the event that less than 100 percent of the warrants of series TO4 are exercised for subscription of shares in the Company.

PR Newswire 2 months ago

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The exercise price for the warrants of series TO4 in Minesto has been determined to SEK 1.54 and the subscription period commences on 18 March 2025

Minesto AB (publ) ("Minesto" or the "Company") completed a rights issue of units during the second quarter of 2024. One (1) unit consisted of three (3) newly issued shares and one (1) warrant of series TO4. Each warrant of series TO4 gives the owner the right to subscribe for one (1) new share in the Company. The exercise price for the warrants of series TO4 is to be determined to 70 percent of the volume-weighted average price in the Company's share on Nasdaq First North Growth Market during th

PR Newswire 2 months ago

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Minesto selected to participate in GIA (Global Innovation Accelerator) programme by Swedish Energy Agency

Minesto, leading ocean energy developer, has been selected to participate in GIA (Global Innovation Accelerator). The Global Innovations Accelerator Programme is initiated and funded by the Swedish Energy Agency, and run together with partner Business Sweden. Minesto's focus will be on strengthening business development in Asia.

PR Newswire 3 months ago

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Minesto publishes Year-End Report 2024

CEO Dr. Martin Edlund: "Minesto has now demonstrated competitive renewable energy production from an untapped natural resource based on a truly novel and proprietary innovation."

PR Newswire 3 months ago

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Invitation to Minesto's Webinar: Year-End Report 2024

On February 27, Minesto, leading ocean energy developer, will publish their 2024 Year-End Report. Dr Martin Edlund, CEO, and Gustav Kvibling, CFO, will present details of the Year-End Report in a webinar. Martin Edlund will highlight the company's key focus areas moving forward, followed by a Q&A session.

PR Newswire 3 months ago

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Independent review of Minesto's technology successfully completed strengthening the buildout investment case

An independent technical review of Minesto's Dragon-class technology initiated in autumn 2024 has now been completed by DNV - a world leader in technology assessments and certifications in the energy & maritime sectors, incl. renewable energy solutions. The successfully completed review strengthens Minesto's buildout investment case.

PR Newswire 3 months ago

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Strong stakeholder engagement towards Minesto's first tidal energy Dragon farm in Hestfjord, Faroe Islands

On Monday 3rd February, ocean energy developer Minesto welcomed Faroese stakeholders, authorities as well as the public to a seminar at the Nordic House in Torshavn. Martin Edlund, CEO of Minesto, presented the company's vision for a sustainable energy system in the Faroe Islands, a 200MW buildout roadmap. The CEO of Faroese utility company Sev, Hákun Djurhuus took part in a panel to discuss the role of tidal energy in reaching a 100% renewable electricity generation as well as the collaboration

PR Newswire 4 months ago

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Invitation to Minesto seminar, 3 February 2025 at Nordic House in the Faroe Islands

Minesto, leading ocean energy developer, welcomes stakeholders, authorities, business community as well as the public and media to a seminar on the Faroe Islands' opportunity to reach 100% renewable energy by unlocking the power of the Faroese tides. The seminar will take place on 3 February 2025, 16.30-18.15 at the Nordic House in Torshavn, Faroe Islands.

PR Newswire 4 months ago

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Video: CEO presentation at Minesto's Capital Market Day 2024

A presentation was delivered by Minesto CEO, Dr Martin Edlund, on the technology, the way forward, as well as Minesto's work in realising the first tidal energy dragon farm in Hestfjord, Faroe Islands.

PR Newswire 5 months ago

7MN.BE

7MN.DU

7MN.F
+12.94%

Performance Overview

Return	7MN.F	^OMX (^OMX)
YTD	+6.40%	-0.95%
1-Year	-12.56%	-4.93%
3-Year	-81.16%	+25.71%

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Minesto AB (publ) (7MN.F)

Minesto's tidal power plant Dragon 12 in operation reaching key production performance milestone

Report from the Annual General Meeting 2025 of Minesto AB

Project Update Vestmanna: Commercial Scale Powerplant: Dragon 12 grid connected, producing electricity

Minesto joins World Expo 2025 in Osaka, Japan as part of the Swedish official delegation

Minesto features in internationally broadcast documentary, 'Engineering Tomorrow'

Minesto AB: Interim Management Statement 1 January - 31 March 2025

Invitation to Minesto's Webinar: Interim Management Statement Q1 2025

Notice to attend the Annual General Meeting in Minesto AB

Minesto announces outcome in the exercise of warrants of series TO4 and resolves on directed issues to underwriter

The last day of trading with the warrants of series TO4

Minesto's unique ocean energy technology at the centre of global branding campaign together with SKF

Minesto has received a top guarantee commitment regarding the exercise of warrants of series TO4

The exercise price for the warrants of series TO4 in Minesto has been determined to SEK 1.54 and the subscription period commences on 18 March 2025

Minesto selected to participate in GIA (Global Innovation Accelerator) programme by Swedish Energy Agency

Minesto publishes Year-End Report 2024

Invitation to Minesto's Webinar: Year-End Report 2024

Independent review of Minesto's technology successfully completed strengthening the buildout investment case

Strong stakeholder engagement towards Minesto's first tidal energy Dragon farm in Hestfjord, Faroe Islands

Invitation to Minesto seminar, 3 February 2025 at Nordic House in the Faroe Islands

Video: CEO presentation at Minesto's Capital Market Day 2024

Performance Overview