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Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum
Globenewswire· 2025-07-10 13:01
Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth West Seneca, New York, July 10, 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, today announced unaudited Q2 2025 topline results, delivering a breakout quarter that is expected to position the Comp ...
Richardson Electronics, Ltd. Expands Product Portfolio with the Introduction of New Patent-Pending TurbineGuard™ Series
Globenewswire· 2025-05-27 15:00
Company Overview - Richardson Electronics, Ltd. is a global provider of engineered solutions for renewable energy and power management applications, with a focus on innovation and customer-centric solutions [5][8]. - The company manufactures over 50% of its products in LaFox, Illinois, Marlborough, Massachusetts, and Donaueschingen, Germany, adhering to strict specifications and supplier codes of conduct [5]. New Product Launch - Richardson Electronics announced the launch of two new monitoring relays, the TurbineGuard™ Temperature Signal Relay and the TurbineGuard™ Voltage Signal Relay, aimed at the wind and renewables markets [1][3]. - These products are designed to enhance safety and performance in turbine monitoring systems, addressing the needs of aging turbine fleets and regulatory compliance [1][3]. Product Features - The TurbineGuard™ Temperature Signal Relay includes features such as a temperature LCD readout, programmable temperature set points, and compatibility with both ultracapacitor and lead-acid battery technologies [6]. - The TurbineGuard™ Voltage Signal Relay offers a voltage LCD readout, programmable voltage set points, and status LEDs, ensuring user-friendly operation [6]. Strategic Focus - The company emphasizes its commitment to creating engineered solutions that deliver real value to users, reflecting a customer-first approach in product design and development [3]. - Richardson Electronics aims to meet the evolving needs of the renewable power generation market through continuous innovation and quality improvements [3].