
Core Viewpoint - Worksport Ltd. has formed a strategic partnership with Patriot Automotive Technologies to enhance its business-to-business (B2B) distribution network, aiming for significant growth in annual recurring revenue through the sale of its tonneau covers across Patriot's extensive dealer network of over 200 locations in the U.S. [1][2][11] Strategic Partnership Highlights - The partnership will enable Patriot to distribute Worksport's innovative tonneau covers, including the popular AL4 premium cover, marking a significant step in Worksport's B2B growth strategy [2][11] - This collaboration is projected to evolve into a multi-million dollar annually recurring revenue source within 2025, providing Worksport with stable cash flows and enhancing Patriot's portfolio of aftermarket products [11] Continued Growth and Future Partnerships - The partnership with Patriot Automotive Technologies is part of Worksport's strategy to aggressively grow its U.S.-based distribution channels, reinforcing its position as a premier supplier of U.S.-made automotive accessories [6][11] - Worksport is actively seeking additional strategic partnerships and distribution channels to leverage its commitment to quality and innovation [6] Looking Ahead - Worksport anticipates providing updates on further partnerships and key business developments, including the launch of its clean-tech products, such as the SOLIS Solar Tonneau Cover and the COR Portable Energy System [8]