Minesto strengthens the market activities in Australia and New Zealand by signing collaboration agreement with a new business partner, Hydrokite Project Development. The new partner is established fit-for-purpose to exclusively bring Minesto's technology to these new markets. Minesto expands the market activities in Australia andNew Zealand by signing local business partner Hydrokite Project Development to spearhead market entry activities in the region.

Adding to the potential project portfolio, the Australian island state of Tasmania is the initial focus, with further potential development sites in the Northern Territory, Western Australia and New Zealand also under consideration.