Thermosaver AS

What Thermosaver AS does

Thermosaver AS is a privately held Norwegian medical device company headquartered in Mysen/Askim, Østfold (Norway), employing five people. The company designs, manufactures, and sells a next-generation hypothermia rescue bag system built on the Banak method, integrating a moisture-absorbing barrier (capacity up to 10 liters of liquid per square meter), an insulating middle layer, and a windproof/water-repellent outer shell into a single all-in-one system. The core product — the Thermosaver Hypothermic Rescue Bag — is offered in both civilian and military versions, features nine carry handles tested to EN-1865 with a 250 kg lifting capacity per handle, and is supplied with accessories including a compression bag (8,000 mm water column water resistance) and a detachable hood. The product is classified as an EU MDR Class I medical device (CE marked, Declaration of Conformity signed in 2022) and carries two NATO Stock Numbers (6532251635297 and 8305251640951).

Thermosaver monetizes through direct hardware sales of the rescue bag and accessories, with Mediq Norway AS serving as exclusive domestic distributor for the Norwegian market and direct sales engagement for international military and NATO prospects. The product is currently in operational use across Norwegian fire and rescue services, the Norwegian Armed Forces, offshore installations on the Norwegian continental shelf, volunteer rescue organizations including Redningsselskapet and ASAP Norway, and expeditions in Svalbard; the company is in active discussions with NATO units in Denmark, Germany, and Sweden. Customer-facing GTM is sales-led, supplemented by content marketing through a company website, LinkedIn, YouTube (including a SINTEF presentation at the NATO Cold Weather Operations Conference), and Instagram.

The company originated from a three-year research project funded by the Research Council of Norway (Forskningsrådet) with additional support from Innovation Norway, and was co-developed with SINTEF, Haukeland University Hospital, the Norwegian Defence Research Establishment (FFI), the Norwegian Armed Forces, 330 Squadron, ASAP Norway, and Redningsselskapet. Leadership consists of Tore Høifødt (CEO), Christoffer Kjeve (CFO), Ketil Thorsen (KAM), Baard Lund (Chair), with Reidar Stockfledt, Thomas Høifødt, and Svein Olav Kjeve also in board/governance roles. Ownership appears to be founder/management-controlled (with the Høifødt and Kjeve families appearing in both management and board positions); no institutional investor, private equity backing, or parent company structure was identified.

Name

Thermosaver AS

Legal name

Thermosaver AS

Website

https://thermosaver.no

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Thermosaver AS is a Norwegian medical-device company that designs and sells an integrated all-in-one hypothermia rescue bag system based on the Banak method, serving military, fire and rescue, offshore energy, and volunteer rescue organizations. The five-person firm operates primarily through a single domestic distributor and direct sales to NATO-aligned markets.

Ownership category

akta.pro rank

Product category

Emergency Medical Equipment

NAICS

Plastics Bag and Pouch Manufacturing (326111)

SIC

Plastics, Foil & Coated Paper Bags (2673)

akta.pro primary industry

Cold Chain & Temperature-Controlled Packaging (Insulated Shippers, Gel Packs) (IMALAIAG)

Keywords

• Hypothermia rescue equipment
• Prehospital emergency medicine
• Patient evacuation systems
• Cold weather rescue
• Emergency medical devices

Headquarters

HQ city

Mysen

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Hypothermia Rescue Bag Sales: Sale of the Thermosaver rescue bag in civilian and military versions, with NATO Stock Numbers for military procurement
2. Accessories Sales: Separate sales of compression bags, moisture barriers (pack of three vacuum-packed units), and detachable hoods

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Thermosaver AS manufactures and sells the Thermosaver Hypothermic Rescue Bag, an all-in-one medical device designed for prehospital hypothermia treatment and patient evacuation in cold climates. Built on the Banak method, the bag integrates a moisture barrier, insulating middle layer, and windproof outer layer into a single system, available in civilian and military versions and complemented by accessories including a compression bag, detachable hood, and moisture barriers.

Product overview

Thermosaver AS offers a next-generation hypothermia rescue bag system designed for prehospital emergency use. The core Thermosaver Hypothermic Rescue Bag integrates five key elements: a water-repellent and windproof outer shell in polyester, an insulating polyester fiber middle layer, a polyester inner lining, an integrated moisture barrier, and a detachable hood. The product is available in both civilian and military versions. Accessory products include the Compression Bag (required for field deployment), the Hood (can be used separately), and the Moisture Barrier (also sold separately). The system is built on the Norwegian Banak method principles and is designed for efficient patient evacuation from accident scenes to hospitals.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermosaver Hypothermic Rescue Bag (Redningsbag)
• Compression Bag (Kompresjonspose)
• Hood (Hette)
• Moisture Barrier (Fuktsperre)

Quantifiable outcome

• Moisture barrier absorption capacity of 10 liters of liquid per square meter
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Mediq Norway AScoreChannel Partner/ Reseller/ DistributorMediq Norway AS is the distributor for Thermosaver products in Norway, handling domestic sales and distribution to healthcare and emergency services customers.
• SINTEFcoreStrategic or Co-development PartnerLeading Norwegian research institute specializing in hypothermia research. Presented Thermosaver at NATO Cold Weather Operations Conference. Contributed scientific expertise to product development.
• Haukeland University HospitalcoreStrategic or Co-development PartnerLeading Norwegian medical institution contributing expertise in prehospital emergency medicine and hypothermia treatment protocols to product development.
• Norwegian Defence Research Establishment (FFI)coreStrategic or Co-development PartnerNorwegian Armed Forces research institute contributing military operational expertise and cold weather combat casualty care knowledge to product development.
• Norwegian Armed ForcescoreStrategic or Co-development PartnerDevelopment partner representing military end-user needs, contributing frontline rescue personnel requirements and operational specifications for military rescue operations.
• 330 Squadron (330 Skvadron)minorStrategic or Co-development PartnerNorwegian Air Force squadron contributing operational expertise for rescue bag development.
• ASAP NorwayminorStrategic or Co-development PartnerNorwegian rescue organization contributing frontline rescue expertise to product development.
• Redningsselskapet (RS)minorStrategic or Co-development PartnerNorwegian Sea Rescue Society contributing maritime rescue operational expertise to product development.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Blizzard Survival: UK-based specialist in hypothermia protection and rescue blankets for military, emergency services, and outdoor users. Closest direct competitor in the niche of insulated multi-layer rescue wraps designed for cold-climate casualty care.
• North American Rescue: US-based supplier of tactical combat casualty care, hypothermia prevention, and pre-hospital rescue equipment to military and EMS customers. Directly comparable product overlap in hypothermia rescue blankets/wraps for military and first-responder end users.
• Laerdal Medical: Norwegian-headquartered global leader in emergency medical equipment, resuscitation training, and patient handling. Direct comparable as a Norwegian medical device company serving EMS, fire/rescue, and military customers with pre-hospital care products.
• Sonoco ThermoSafe: Major manufacturer of temperature-assured packaging for pharmaceutical and life sciences distribution. Compares as a producer of engineered insulated packaging solutions where multi-layer construction delivers thermal and mechanical protection.
• Pelican BioThermal: Specialist in temperature-controlled insulated packaging and shippers for pharmaceutical and life sciences cold chain. Comparable as a manufacturer of multi-layer insulated envelopes/containers engineered to maintain thermal performance in transit.
• Ferno: Global manufacturer of patient transport, immobilization, and evacuation equipment for EMS, fire, and military markets. Directly comparable because Thermosaver's bag doubles as an EN-1865 compliant evacuation/carry platform with similar end-user profiles.

Broad incumbents

• CSafe Global: Incumbent in temperature-controlled shipping containers and active/passive cold chain packaging for pharmaceutical and life sciences markets. Comparable broad incumbent in engineered insulated transport packaging overlapping Thermosaver's materials technology.
• Stryker: Large diversified medical device company with significant emergency medical services, patient handling, and evacuation/stretcher product lines. Comparable incumbent serving many of the same EMS, fire, and military procurement channels.
• 3M (Bair Hugger Patient Warming): Global medical device incumbent whose Bair Hugger system dominates forced-air patient warming in pre-hospital and perioperative settings. Comparable as a broader patient-temperature-management platform overlapping Thermosaver's mission of preventing heat loss in injured patients.

Emerging players

• MEQU: Danish emerging player developing portable blood and IV fluid warming devices for pre-hospital and military use. Adjacent competitor in portable patient/warming technology targeting Nordic defense and EMS customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@Thermosaver_AS
• LinkedInlinkedin.com/company/thermosaver-as
• Instagraminstagram.com/thermosaver

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thermosaver AS