GOTHENBURG, Sweden, November 19, 2025 /PRNewswire/ — This week, Minesto, a developer of ocean energy technologies, is participating in a Swedish business delegation to Canada as part of the royal couple’s state visit. The delegation, led by the Swedish Minister of Energy and Business and the Minister of Defense, aims to strengthen Swedish-Canadian relations and promote innovation with a focus on AI, defense, security and electrification. With significant ocean resources, tidal currents and political support for ocean energy, Canada is a very attractive market for Minesto.
Minesto CEO Dr. Martin Edlund is part of the delegation aimed at strengthening relationships with Canadian stakeholders and expanding business opportunities. The program includes high-level interactive forums and tailored company tours in Ottawa and Montreal. With significant tidal resources well suited to Minesto’s power plants and growing political support for ocean energy, the visit to Canada is of strategic importance to Minesto.
Today, November 19, Minesto is participating in the Sweden Canada 2025 Innovation Days, funded by Vinnova and the Swedish Energy Agency. The conference provides Minesto with the opportunity to connect with industry leaders, academia and government officials to explore partnerships and funding opportunities.
Commenting on the mission, CEO of organizer Business Sweden, Jan Larsson, said in a press release: “Canada is a strategic partner with strong industries in clean energy, advanced technology, and defense and security. Through this delegation, Swedish companies can establish long-term relationships with Canadian partners across a range of sectors.“.
For more information, see Swedish business delegation to Canada to focus on AI, defence, security and electrification as part of royal couple’s state visit – Business Sweden
Press contact
Cecilia Sernhage, Director of Communications
+46 735 23 71 58
presse@minesto.com
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