Financing Partnerships Minesto recently secured SEK 22 million in loan financing from Fenja Capital to support working capital and immediate market development, and it has been selected for in-depth investment advisory by the European Investment Bank under the PDA programme. This financing activity signals lender readiness to back ocean-energy pilots, creating openings for utilities, project developers, and EPCs seeking debt or blended finance to deploy Minesto’s technology.

Regional Expansion With operations in Sweden, Wales, and Taiwan, Minesto maintains an international footprint and has engaged in events like the Nordic-Taiwan Sustainable Energy Forum. This regional presence creates opportunities to target local utilities, energy agencies, and project developers for pilots or procurement collaborations in these markets.

Proven Technology The company has demonstrated credible technology leadership, including winning the Gizmodo Science Fair 2025 for deploying a megawatt-scale tidal energy kite in the Faroe Islands and progressing the Luna LUNA 12 kite system in collaboration with SKF. These proof points support sales conversations with utilities and developers seeking scalable, cost-efficient ocean energy solutions.

Market Opportunities Minesto focuses on cost-efficient energy from low-flow tidal streams and ocean currents, offering a predictable and affordable renewable energy source for coastal grids, island communities, and offshore developers. This positioning aligns with potential sales to utilities, regional grids, EPC contractors, and governments pursuing diversifying energy mix and marine energy pilots.

Growth Readiness As a Nasdaq First North listed company with a lean team, Minesto carries credibility while remaining poised for scaling via partnerships with equipment suppliers, financiers, and regional energy programs. A leadership transition in 2025 may create opportunities to engage with senior decision-makers, accelerating pilots and larger deployments as market interest grows.