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Worksport Confirms Government Evaluation of Aetherlux(TM) Heat Pump for Potential Long-Term Supply Deal; Certification Accelerated
Accessnewswire· 2026-02-12 13:22
Core Viewpoint - Worksport Ltd. is advancing its energy subsidiary, Terravis Energy, towards third-party validation and certification of its Aetherlux™ Pro heat pump technology, indicating a significant step towards commercialization and potential revenue generation in the second half of 2026 [1] Group 1 - The company is focused on clean energy solutions and automotive accessories for both consumer and reseller channels [1] - The Aetherlux™ Pro heat pump features ZeroFrost™ anti-frosting technology, which is currently undergoing structured evaluation [1] - The operational update highlights the acceleration of engineering progress, which is crucial for achieving ENERGY STAR® certification [1]
Worksport Delivers Breakout Q4: Revenue Up 65% YoY, Gross Profit Up 380%
Accessnewswire· 2026-02-11 13:35
Core Insights - Worksport Ltd. reported a 91% increase in revenue for FY2025, reaching a record $16.2 million, driven by margin expansion and the advancement of its clean energy portfolio into the monetization phase [1] Financial Performance - The company achieved a revenue of $16.2 million for FY2025, marking a significant growth of 91% compared to the previous year [1] - The fourth quarter results ended December 31, 2025, indicate strong financial performance, contributing to the overall annual growth [1] Business Strategy - Worksport is focused on clean energy solutions and automotive accessories, targeting both consumer and reseller channels [1] - The clean energy portfolio is entering a monetization phase, suggesting a strategic shift towards generating revenue from previously developed technologies [1]
Worksport enters partnership with Potomac International Partners
Yahoo Finance· 2026-02-04 13:50
Core Insights - Worksport (WKSP) has formed a strategic partnership with Potomac International Partners to enhance its entry into government procurement and infrastructure projects [1] - The partnership aims to position Worksport's "nano-grid" ecosystem, including the SOLIS solar tonneau cover and COR portable energy system, as essential solutions for federal agencies [1] - Potomac will also explore opportunities for Worksport's Aetherlux Zerofrost integrated heat pump in defense, housing, and industrial sectors [1] Group 1 - The partnership is intended to accelerate Worksport's market execution and government engagement strategy [1] - Potomac's team has experience across six U.S. administrations, which will be leveraged to support Worksport's initiatives [1] - The focus will be on critical federal agencies such as the Department of War, FEMA, and the General Services Administration [1]
Worksport Ltd. Announces Strategic Partnership With Potomac International Partners to Accelerate Federal Government and Commercial Market Adoption of Clean Energy Ecosystem
Accessnewswire· 2026-02-03 13:29
Core Insights - Worksport Ltd. has announced a strategic partnership with Potomac International Partners to target the Department of War (DOW), FEMA, and global commercial fleet sectors for its ZeroFrost technologies [1] Group 1: Company Overview - Worksport Ltd. is a U.S.-based technology and manufacturing company focused on clean energy solutions and automotive accessories for consumer and reseller channels [1] Group 2: Strategic Partnership - The partnership with Potomac International Partners aims to enhance Worksport's government relations and federal marketing efforts [1]
Worksport Subsidiary Terravis Energy Selects Major Asian Manufacturing Partner for Breakthrough Zerofrost(TM) Heat Pump; Announces Path to Commercialization Within 2026
Accessnewswire· 2026-01-27 13:23
Core Insights - Worksport Ltd. has secured a strategic partnership with a major Asian manufacturer to mass-produce the Aetherlux Pro Zerofrost™ Heat Pump, ensuring supply chain capacity to meet global demand and aiming for commercial delivery by the end of 2026 [1][3] Group 1: Strategic Partnership and Production - The partnership marks Worksport's transition from research and development to mass production in the $160 billion global HVAC market, effectively de-risking the commercialization phase for its subsidiary, Terravis Energy [2] - The agreement allows for immediate scaling of production without significant capital expenditure, preserving cash and accelerating revenue generation [2][7] Group 2: Technological Validation and Market Position - Terravis Energy has received a competitive award from the National Renewable Energy Laboratory (NREL), providing third-party validation of the Aetherlux system, which is crucial for building trust with institutional investors and B2B partners [5] - The partnership enhances Worksport's position in discussions with billion-dollar companies regarding potential licensing and private-label distribution of the Zerofrost technology [7] Group 3: Future Revenue and Growth - Production of certification units is set to begin immediately, with commercial sales targeted for 2026, aligning with the company's growth forecasts [7] - The asset-light model of the partnership improves return on invested capital (ROIC) by eliminating the need for heavy upfront manufacturing investments [7]
Terravis Energy Secures Mass Manufacturing for No-Defrost Heat Pump Amid North American Polar Vortex Crisis
Accessnewswire· 2026-01-27 13:15
Aetherlux Pro Operates to -57°F Without Defrost Cycles or Backup Heat, Addressing Grid Stress and Soaring Energy Costs WEST SENECA, NEW YORK / ACCESS Newswire / January 27, 2026 / Terravis Energy ("Terravis" or the "Company"), a subsidiary of New York-based Worksport Ltd. (NASDAQ:WKSP), designs and develops next-generation clean-energy technologies. ...
Morning Market Movers: WYFI, RDAC, YCBD, JLHL See Big Swings
RTTNews· 2025-12-19 12:12
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - WhiteFiber, Inc. (WYFI) is up 21% at $17.35 [3] - Rising Dragon Acquisition Corp. (RDAC) is up 21% at $12.63 [3] - Julong Holding Limited (JLHL) is up 13% at $3.45 [3] - Linkhome Holdings Inc. (LHAI) is up 11% at $12.50 [3] - A SPAC III Acquisition Corp. (ASPC) is up 9% at $13.09 [3] - Intuitive Machines, Inc. (LUNR) is up 7% at $11.61 [3] - Ascent Solar Technologies, Inc. (ASTI) is up 7% at $3.31 [3] - Bitmine Immersion Technologies, Inc. (BMNR) is up 6% at $30.39 [3] - Velo3D, Inc. (VELO) is up 5% at $12.10 [3] - Gain Therapeutics, Inc. (GANX) is up 4% at $2.36 [3] Premarket Losers - cbdMD, Inc. (YCBD) is down 17% at $1.60 [4] - Mega Fortune Company Limited (MGRT) is down 16% at $7.33 [4] - Cassava Sciences, Inc. (SAVA) is down 14% at $2.43 [4] - NIKE, Inc. (NKE) is down 10% at $59.01 [4] - InMed Pharmaceuticals Inc. (INM) is down 6% at $1.21 [4] - Datacentrex, Inc. (DTCX) is down 5% at $3.23 [4] - Abundia Global Impact Group Inc (AGIG) is down 5% at $1.50 [4] - PSQ Holdings, Inc. (PSQH) is down 5% at $1.00 [4] - Paranovus Entertainment Technology Ltd. (PAVS) is down 4% at $2.34 [4] - Worksport Ltd. (WKSP) is down 4% at $2.09 [4]
Worksport Reports Highest Monthly Revenue in Company History
Accessnewswire· 2025-12-18 13:31
Core Insights - Worksport Ltd. reported record monthly sales of $2.05 million for November 2025, indicating a strong revenue growth trend and margin expansion [1] Financial Performance - The company achieved approximately 30% gross margins in November 2025, reflecting effective cost management and operational efficiency [1]
Worksport to Open AI-Integrated Strategic Distribution Center to Boost National Sales Ramp Up
Accessnewswire· 2025-12-08 13:15
Core Insights - Expected improvements include 1-2-day delivery for major markets and early cost efficiencies of 10%-15% as volume increases [1] Group 1 - The company anticipates enhancements in delivery times, aiming for 1-2 days for major markets [1] - Cost efficiencies are projected to improve by 10%-15% as production volume increases [1]
Worksport Achieves Historic Online Sales Milestone With Record Black Friday Performance
Accessnewswire· 2025-12-02 13:17
Core Insights - Worksport Ltd. reported a 400% year-over-year increase in direct-to-consumer e-commerce sales, with single-day sales exceeding $200,000 and weekly sales reaching $665,000 [1] Company Performance - November 28, 2025, marked the highest single day of online sales in the history of Worksport Ltd. [1]