SeaTwirl AB is a development company. The company is headquartered in Goeteborg, Vastra Gotalands and currently employs 13 full-time employees. The company went IPO on 2016-12-22. The firm operates as a manufacturer and designer of floating wind turbine customized for the ocean. The firm's technology uses a vertical axis wind turbine with a tower that is attached to a floating structure that stretches deep below the water’s surface. The wind turbine, tower and submerged structure, which has a buoyancy element and keel, are fixed together and rotate as a single unit. The water carries the full weight of the structure and when the wind turbine captures wind energy the structure is stabilized by the keel like the function of a sailing boat. The generator housing, which is wrapped around the tower at the base of the wind turbine above the surface of the water, contains the generator that transforms the kinetic energy of the wind turbine into electrical energy.
Follow-Up Questions
Who is the CEO of SeaTwirl AB (publ)?
Mr. Peter Laurits is the Chief Executive Officer of SeaTwirl AB (publ), joining the firm since 2017.
What is the price performance of SETWF stock?
The current price of SETWF is $0, it has decreased 0% in the last trading day.
What are the primary business themes or industries for SeaTwirl AB (publ)?
SeaTwirl AB (publ) belongs to Electrical Equipment industry and the sector is Industrials
