Norsepower Oy Stock

Norsepower Oy is a clean technology and engineering company pioneering the generation of renewable wind energy.

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About Norsepower Oy Stock

Norsepower Oy is a Finnish clean technology and engineering company pioneering the generation of renewable wind energy for the global maritime industry. Norsepower is a provider of low-maintenance, software operated, and data verified auxiliary wind propulsion systems. Since its establishment in November 2012, Norsepower has gathered more than $6 million USD of funding, which has enabled development, testing and piloting of the Norsepower Rotor Sail Solution. The main investors behind Norsepower are Power Fund III, Lifeline Ventures Oy, Finnvera Oyj, and Wate Oy. Norsepower is also funded by Tekes – the Finnish Funding Agency for Technology and Innovation.

Funding History

January 2016$3.0M
August 2016$2.6M
January 2017$1.6M
November 2018$3.6M
September 2019$8.0M
March 2023$28.0M

Management

Chief Sales Officer

Jukka Kuuskoski

Member of the Board of Directors

Vesa Sadeharju

Advisor

Jorma Eloranta

CEO

Tuomas Riski

Member of the Board of Directors

Erik Floman

Member of the Board of Directors

Christer Antson

Board Member

Iain Fergusson

Member of the Board of Directors

Moray Martin

Chief Operating Officer

Jarkko Vainamo

Chairman of the Board of Directors

Timo Ahopelto

CTO

Jarkko Vainamo

​Advisors

Kai Levander

Press

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