Year-end report

Our year-end report is out.

Read the report here (in Swedish)!

Main points in outgoing CEO Peter Laurits’ comments:

  • The rights issue being oversubscribed in a difficult market environment fills us with pride and we thank shareholders, old and new, for the confidence they shown in us.
  • Our technology is a potential gamechanger in an industry that is growing rapidly with climate as the main driver.
  • We are fully focused on bringing a commercial product to market and will use the capital from the rights issue to develop SX. S2x remains a necessary step on the road to commercialization, but with costs for both production and financing rising in 2022, we felt it would be financially smarter to go full steam ahead with SX at the moment.
  • This is the last CEO comment before handing over to Johan Sandberg who knows the market like no other. He is the right person to lead SeaTwirl to commercialization.
  • I will support him during a transition period before taking a new role at the company. As a shareholder, I’m excited about the future of this company.

2025.06.30

SeaTwirl establish collaboration in Canada and signs MoU with Aks Wind Energy Corporation

We are excited to announce the news today on June 30th that SeaTwirl have established a collaboration in Canada and…

2025.06.09

SeaTwirl is part of the Swedish business delegation at UN’s third Ocean Conference in Nice

We are very excited to announce that SeaTwirl has been invited by Business Sweden to join the Swedish business delegation…

2025.05.23

Horizon Europe selected SeaTwirl’s project “Verti-Go” to start grant preparation

Today it was announced by Horizon Europe that SeaTwirl's project application "Verti-Go" was selected as the successful applicant and is…