Laki Power was founded in 2015 to transform the way line monitoring is carried out for transmission system operators (TSOs) and distribution system operators (DSOs), by bringing to market new technology that dramatically enhances the level of power that can be efficiently harvested from high voltage lines.

Electrical transmission and distribution systems worldwide span millions of kilometres. Yet despite carrying huge amounts of energy, tapping into that energy, to provide monitoring devices with power in the remote places that these lines cross, has remained a persistent challenge. Instead these systems have relied on local fossil fuel generators, wind turbines, solar cells or power from the line that requires a mini-substation to adapt voltage and power levels for proper utilization. This results in very high costs of installing, maintaining and resupplying these systems ,as well as a host of other environmental, operational, logistical and maintenance issues.

Laki Power's patented technology can harvest up to one hundred times more power than competitor solutions, offering unprecedented monitoring capacity and flexibility for a range of sensors and applications.



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Chairman of the Board

Iris is the Chairman of the Board of Directors at Laki Power. She is an experienced executive with a 20 year track record in the high-voltage transmission and manufacturing industry in Iceland and internationally, having worked in Sweden, Belgium, Spain and Mexico. Iris is an independent consultant and a Senior Advisor at ENTSO-E, the European Network of Transmission System Operators. Prior to that she held the position of Executive VP of System operations & ICT at Landsnet, the Transmission System Operator in Iceland, where she worked for 15 years. She started her career at ABB (now Hitachi ABB), delivering high-voltage, turn-key projects to a global market.  

She has strong technical and business qualifications in transmission system operations, system development, smart grid, energy policies and regulations and has held leading roles in various RD&I projects in the field.

Iris completed her M.Sc. in electrical engineering from KTH, Royal Institute of Technology, in 2001 and the AMP (Advanced Management Program) in global business and leadership at IESE Business School in Barcelona in 2021.

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Arni is a co-founder and serves as Managing Partner at Brunnur Ventures GP. Arni has two decades experience with start-ups and private equity; as a start-up co-founder, venture capital fund manager, investment banker and fund general partner.  He has conducted transactions and managed private equity/venture capital investments in over 10 countries. Arni has served as board director in numerous start-ups. 


He graduated from the University of Iceland with a Degree in Mechanical Engineering and holds an M.Sc. in Engineering from Denmark's Technical University.

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Rikardur is a member of the Board of Directors at Laki Power. He is Managing Director of Landsvirkjun Power, a subsidiary of Landsvirkjun, Iceland’s National Power Company. In his previous employment Rikardur led programmable chip maker Xilinx’s European service product offering, then worked in banking and eventually as Director at Glitnir Bank before going into consulting at M&A advisory Capacent Glacier and later McKinsey&Co. Since 2011 Rikardur has been with Landsvirkjun where, prior to taking on Landsvirkjun Power, he was Director of Sales and Business Development.


Rikardur completed his M.Sc. in electrical engineering from Stanford University in 2002 and PED from IMD, Lausanne, in 2017.



Chief Executive Officer

Ósvaldur is Laki Power‘s CEO. He was formerly CFO at Reykjavik Excursions, one of Iceland‘s largest travel companies, and OZ, a tech startup focusing on live video experiences. Ósvaldur also has significant experience from the financial sector where he was responsible for funding at one of Iceland‘s largest banks – Íslandsbanki.

Ósvaldur has an MBA from Babson College and a B.Sc. degree in finance from the University of Iceland. He has been working towards a degree in Computer Science from the University of Iceland parallel to work related projects in recent years.



Chief Technology Officer

Oskar is the CTO and the entrepreneur behind Laki Power. He was the Head of Telecommunications at Landvirkjun, the National Power Company of Iceland, and was a member of the Board of Directors at Orkufjarskipti ehf. and Fjarski ehf.  


Oskar has worked in the telecommunication and power transmission fields for decades and has extensive experience in hardware and software development.