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 ocean energy technology. The company has operations in Sweden, Wales, the Faroe Islands, Northern Ireland and Taiwan, with headquarters in Gothenburg, Sweden. Main owners are BGA Invest and Corespring New Technology. The Minesto shares are listed on the Nasdaq First North Growth Market in Stockholm.

Our team

The Minesto team of more than 50 professionals has a mix of core technical skills and extensive experience in bringing new technology to the market. In many connected areas of expertise, we have teamed up with world-leading companies and research institutes, who contribute to the technology and product development on a daily basis.


Competitive edge

Our team of experienced engineers represent a wide range of backgrounds that together cover key technology areas for Minesto, such as control-system design, hydrodynamics, simulation and testing, mechanical, electrical and subsea engineering, and construction.


Members of the team have previously worked in high-tech start-up settings and with technology-powerhouses such as Saab Aircraft, Volvo Truck Corporation and Bofors Missile Systems.