- CEO
- Ola Johan Stene-Johansen
- Full Time Employees
- 5
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- St. Olavsgate 21B Oslo PS Norway 0165
- IPO Date
- May 19, 2021
- Business
- Lokotech Group AS is a management and holding company specializing in hardware and software solutions for the crypto industry, with a focus on energy-efficient technologies and distributed storage architectures. The group operates through 100% owned subsidiaries that develop and market core products and services for mining and AI-related applications, datacenter real estate, and related IP.
Main products and services
- ASIC hardware for Scrypt-based cryptocurrency mining (Litecoin, Dogecoin) developed by Lokotech AS, including design and production of application-specific integrated circuits optimized for low energy consumption
- Edge AI inference solutions leveraging ASIC technology and associated software platforms
- Datacenter services and infrastructure exposure through Lokotech DC AS, including ownership and/or leasing of datacenter properties to support hosting, colocation, and scalable compute capacity
- Intellectual property and know-how related to distributed storage architectures, including storage technologies and related licensing
- Software and platform offerings supporting crypto operations, mining management, and performance optimization
- Related professional services, including technical support, systems integration, and project advisory for crypto mining deployments and AI-driven workloads
Latest major company changes
- Corporate name and branding evolution: formerly Harmonychain AS, rebranded to Lokotech Group AS in 2023 to reflect expanded scope beyond initial offerings
- Strategic expansion and portfolio diversification: increases emphasis on energy-efficient hardware design, AI inference applications, and datacenter enablement across Europe and North America
- Asset and IP development: continued accumulation and licensing of distributed storage technology IP and related know-how to support scalable data architectures
- Operational footprint: maintains and expands datacenter capacity through owned or leased facilities to support growing demand for crypto mining, AI workloads, and edge computing services
- Partnerships and alliances: engages with technology providers and potential strategic partners to advance low-energy ASIC design, AI optimization, and crypto infrastructure deployment
- Financing and corporate governance: updates to governance and capital structure aligned with expansion, including disclosures of subsidiary activities and strategic investments
Additional context
- Industry and segments: blockchain infrastructure, semiconductors and ASIC design, edge AI, datacenter services, and distributed storage
- Target markets: cryptocurrency miners, AI and edge computing operators, institutional and enterprise customers seeking scalable crypto compute and storage solutions
- Geographic operations: primarily Europe and North America; headquartered in Oslo, Norway, with a European and North American operational footprint
- Founding year and headquarters: founded in 2017; headquarters located in Oslo, Norway
- Subsidiaries and structure: wholly owned subsidiaries including Lokotech AS (ASIC development), Lokotech DC AS (datacenter assets and services), and related IP holdings
Notes
- The description reflects Lokotech Group AS’s transformation into a diversified hardware/software and datacenter-oriented group within the blockchain and AI ecosystem, detailing core products, services, and notable recent strategic moves.