Interim management statement 1 January – 31 March 2024
CEO Dr Martin Edlund:” Minesto’s first quarter has been significant and lays the foundation for the company's path towards buildout of commercial arrays. We now have full focus on business development to secure commercial rollout”.Significant events January – March 2024 Minesto verifies the Launch & Recovery method (LARS) for the first megawatt tidal kite Dragon 12 (1.2 MW, 25 tons). The operations developed for the Dragon 4 (100kW, 2.5 tons) were proven equally effective with the large-scale kites utilizing the same small work vessel. The Swedish Energy Agency awards Minesto a 2.8