Norsepower

Norsepower Oy Ltd is a Finnish clean technology and engineering company that specializes in renewable wind energy solutions for the maritime industry. Established in 2012 and headquartered in Helsinki, Norsepower focuses on developing low-maintenance, software-operated, and data-verified auxiliary wind propulsion systems. Its flagship product, the Norsepower Rotor Sail Solution, utilizes the Magnus effect through spinning cylinders to harness wind power, thereby assisting in the propulsion of ships. This innovative technology aims to significantly reduce fuel consumption and greenhouse gas emissions, promoting sustainability in maritime operations. Norsepower has secured over $6 million in funding from various investors, including Power Fund III, Lifeline Ventures Oy, and Finnvera Oyj, which has facilitated the advancement and testing of its wind propulsion systems.