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Worksport ($WKSP) Initiates Bitcoin (BTC) & Ripple (XRP) Purchases as Part of Strategic Move to Hedge Inflation and Embrace Cryptocurrency Adoption
GlobeNewswire· 2025-01-29 14:00
Following Business Growth, Company Initiates Purchases and Shares Long-Term View West Seneca, New York, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce it has made initial purchases of Bitcoin (BTC) and Ripple (XRP) as part of a newly established cryptocurrency treasury strategy. Projecting re ...
Worksport ($WKSP) Initiates Bitcoin (BTC) & Ripple (XRP) Purchases as Part of Strategic Move to Hedge Inflation and Embrace Cryptocurrency Adoption
Newsfilter· 2025-01-29 14:00
Following Business Growth, Company Initiates Purchases and Shares Long-Term View  West Seneca, New York, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce it has made initial purchases of Bitcoin (BTC) and Ripple (XRP) as part of a newly established cryptocurrency treasury strategy. Projecting rev ...
Worksport ($WKSP) Taps Coinbase as Official Crypto Custodian, Strengthening Cryptocurrency Treasury Strategy
GlobeNewswire· 2025-01-28 13:30
Following Reach Out from Coinbase’s Institutional Team, Worksport Has Created XRP & Bitcoin (BTC) Corporate Accounts West Seneca, New York, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce that after evaluating multiple custodians, Worksport has selected Coinbase as its preferred partner, citing ...
Worksport Ltd. ($WKSP) Announces Global Patent Portfolio Growth, and Joins LOT Network for Enhanced Patent Protection
GlobeNewswire· 2025-01-24 13:06
Patent Portfolio Growth - Worksport increased its global patent portfolio by approximately 25% in the last 12 months, including both issued patents and pending applications [1][2] - The patent growth supports the company's existing product lines and future offerings, such as the SOLIS solar tonneau cover and COR portable power system [2] - Terravis Energy, a wholly owned subsidiary, contributes to the innovation pipeline with proprietary assets in Cold-Climate Heat Pumps [2] Strategic Alliance with LOT Network - Worksport joined LOT Network, a global consortium with over 4,500 members and 4.8 million patents, to protect against patent assertion entity (PAE) litigation [1][3] - Membership grants automatic licensing of patents enforced by PAEs, safeguarding Worksport and its business ecosystem [3] - Over 50% of PAE litigation targets companies with less than $25MM in annual revenue, highlighting the importance of this alliance [4] Innovation and Industry Collaboration - Worksport emphasizes its commitment to innovation and fair IP practices, urging other companies to join LOT Network to foster industry-wide collaboration [5] - The company's IP growth aligns with its mission to address real-world customer challenges through innovative, user-friendly, and safe products [2][5] Product and Market Focus - Worksport designs and manufactures tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions [8] - The company has an active partnership with Hyundai for the SOLIS Solar cover and is gaining traction in the EV sector with its hard-folding cover [8] - Worksport aims to capitalize on the growing consumer shift toward clean energy integrations with its proprietary solar solutions and Cold-Climate Heat Pump technology [8]
Worksport Subsidiary Terravis Energy Announces Two Major Heat Pump Breakthroughs, Begins 20-Day Countdown
Newsfile· 2025-01-22 12:55
Worksport Subsidiary Terravis Energy Announces Two Major Heat Pump Breakthroughs, Begins 20-Day CountdownSolving Two Key Market Challenges; Successful R&D Has Achieved a Solution Expected to Revolutionize Home Heating & Cooling, While Being Affordable and Highly Efficient.January 22, 2025 7:55 AM EST | Source: Worksport Ltd.West Seneca, New York--(Newsfile Corp. - January 22, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid ...
Worksport Subsidiary Terravis Energy Announces Two Major Heat Pump Breakthroughs, Begins 20-Day Countdown
GlobeNewswire· 2025-01-22 12:55
Solving Two Key Market Challenges; Successful R&D Has Achieved a Solution Expected to Revolutionize Home Heating & Cooling, While Being Affordable and Highly Efficient. West Seneca, New York, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, proudly announces that its subsidiary, Terravis Energy [LLC] (“TVE”), a [Delaw ...
Worksport Ltd. ($WKSP) Announces Strong Q4 2024 Results, Beating Revenue Guidance; Recording a Substantial December Gross Margin increase
Newsfilter· 2025-01-21 13:30
Company Reports Unaudited Quarterly Revenue of $2.93 Million, Year-End Revenue Beat, Top-Line of $8.5 Million; Expects Further Expansion with New Products and Growing Margins West Seneca, New York, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce unaudited top-line revenues of approximately $2,90 ...
Worksport ($WKSP) Further Expands Product Line with HD3 Premium Tri-Fold Cover, Building on AL4 Momentum and Teasing COR & SOLIS Innovations
GlobeNewswire· 2025-01-07 13:15
New Tri-Fold Model Expected to Launch in Spring 2025 Joins AL4 in Diversifying Product Mix, Driving Revenue Growth, Underscoring the Company’s Expanding Multichannel Market Vision West Seneca, New York, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is excited to announce a new premium tri-fold tonneau cover model, ...
Worksport ($WKSP) Further Expands Product Line with HD3 Premium Tri-Fold Cover, Building on AL4 Momentum and Teasing COR & SOLIS Innovations
Newsfilter· 2025-01-07 13:15
New Tri-Fold Model Expected to Launch in Spring 2025 Joins AL4 in Diversifying Product Mix, Driving Revenue Growth, Underscoring the Company's Expanding Multichannel Market Vision West Seneca, New York, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is excited to announce a new premium tri-fold tonneau cover model, b ...
Worksport Ltd. ($WKSP) Shares CEO Commentary and Provides Outlook for Year Ahead
Newsfilter· 2024-12-30 13:00
Company Reflects on Record Growth, 2025 Milestones, and Encourages Investors to Stay Tuned for Upcoming Developments West Seneca, New York, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, would like to extend warm holiday greetings and sincere appreciation to all shareholders, partners, and customers. As the year draw ...