Worksport Accelerates R&D Expansion and Clean-Tech Commercialization Amid Record Growth
Worksport (NASDAQ:WKSP) reported significant growth and expansion initiatives following a record Q2 2025. The company achieved $4.1M in Q2 revenue, up 83% from the previous quarter, while production increased over 50% since March 2025.
Key developments include doubling its R&D facilities in Ozark, Missouri, and preparing for the Fall 2025 launch of its SOLIS solar tonneau cover and COR portable nano-grid system. The company projects $2-3M in revenue from these products in 2025, with potential for 8-figure growth in 2026.
Additionally, Worksport's subsidiary Terravis Energy is advancing its AetherLux Pro heat pump technology, targeting the $148B global heat pump market, with interest from major corporations and government entities.
Worksport (NASDAQ:WKSP) ha riportato una crescita significativa e iniziative di espansione dopo un trimestre record nel Q2 2025. L'azienda ha raggiunto 4,1 milioni di dollari di ricavi nel Q2, con un aumento dell'83% rispetto al trimestre precedente, mentre la produzione 猫 cresciuta di oltre il 50% da marzo 2025.
Tra gli sviluppi principali, il raddoppio delle strutture di ricerca e sviluppo a Ozark, Missouri, e la preparazione per il lancio autunnale 2025 dei suoi copritelaio solare SOLIS e del sistema portatile nano-grid COR. L'azienda prevede ricavi tra 2 e 3 milioni di dollari da questi prodotti nel 2025, con un potenziale di crescita a otto cifre nel 2026.
Inoltre, la controllata Terravis Energy di Worksport sta facendo progressi con la tecnologia AetherLux Pro per pompe di calore, puntando al mercato globale delle pompe di calore da 148 miliardi di dollari, suscitando interesse da parte di grandi aziende e enti governativi.
Worksport (NASDAQ:WKSP) report贸 un crecimiento significativo e iniciativas de expansi贸n tras un r茅cord en el segundo trimestre de 2025. La compa帽铆a alcanz贸 4,1 millones de d贸lares en ingresos en el Q2, un aumento del 83% respecto al trimestre anterior, mientras que la producci贸n creci贸 m谩s del 50% desde marzo de 2025.
Los desarrollos clave incluyen la duplicaci贸n de sus instalaciones de I+D en Ozark, Missouri, y la preparaci贸n para el lanzamiento en oto帽o de 2025 de su cubierta solar SOLIS y el sistema nano-red port谩til COR. La empresa proyecta ingresos de 2 a 3 millones de d贸lares por estos productos en 2025, con potencial para un crecimiento de ocho cifras en 2026.
Adem谩s, la subsidiaria de Worksport, Terravis Energy, est谩 avanzando con su tecnolog铆a AetherLux Pro de bomba de calor, apuntando al mercado global de bombas de calor de 148 mil millones de d贸lares, con inter茅s de grandes corporaciones y entidades gubernamentales.
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Worksport (NASDAQ:WKSP) a annonc茅 une croissance significative et des initiatives d'expansion suite 脿 un deuxi猫me trimestre 2025 record. L'entreprise a r茅alis茅 4,1 millions de dollars de revenus au T2, en hausse de 83 % par rapport au trimestre pr茅c茅dent, tandis que la production a augment茅 de plus de 50 % depuis mars 2025.
Les d茅veloppements cl茅s incluent le doublement de ses installations de R&D 脿 Ozark, Missouri, et la pr茅paration du lancement 脿 l'automne 2025 de sa couverture solaire SOLIS et du syst猫me nano-r茅seau portable COR. La soci茅t茅 pr茅voit 2 脿 3 millions de dollars de revenus issus de ces produits en 2025, avec un potentiel de croissance 脿 huit chiffres en 2026.
De plus, la filiale de Worksport, Terravis Energy, fait progresser sa technologie de pompe 脿 chaleur AetherLux Pro, visant le march茅 mondial des pompes 脿 chaleur de 148 milliards de dollars, suscitant l'int茅r锚t de grandes entreprises et d'organismes gouvernementaux.
Worksport (NASDAQ:WKSP) meldete nach einem Rekordquartal im Q2 2025 ein erhebliches Wachstum und Expansionsinitiativen. Das Unternehmen erzielte einen Umsatz von 4,1 Mio. USD im Q2, was einem Anstieg von 83 % gegen眉ber dem Vorquartal entspricht, w盲hrend die Produktion seit M盲rz 2025 um 眉ber 50 % gestiegen ist.
Zu den wichtigsten Entwicklungen geh枚rt die Verdopplung der F&E-Einrichtungen in Ozark, Missouri, sowie die Vorbereitung auf die Markteinf眉hrung im Herbst 2025 der SOLIS Solar-Tonneau-Abdeckung und des COR tragbaren Nano-Grid-Systems. Das Unternehmen prognostiziert Ums盲tze zwischen 2 und 3 Mio. USD mit diesen Produkten im Jahr 2025 und sieht ein Wachstumspotenzial im achtstelligen Bereich f眉r 2026.
Dar眉ber hinaus treibt die Tochtergesellschaft Terravis Energy von Worksport die AetherLux Pro W盲rmepumpentechnologie voran und zielt auf den globalen W盲rmepumpenmarkt im Wert von 148 Mrd. USD ab, wobei gro脽es Interesse von bedeutenden Konzernen und Regierungsstellen besteht.
- Q2 2025 revenue reached $4.1M, representing 83% growth quarter-over-quarter
- Production increased by over 50% since March 2025
- R&D facility doubled in size to support product innovation
- SOLIS and COR products expected to generate $2-3M revenue in 2025, with 8-figure growth potential in 2026
- Strong market potential with $13B addressable market for clean-tech vertical
- Growing enterprise interest in AetherLux heat pump technology
- Current production capacity unable to meet surging demand
- Factory expansion decision pending until end of Q3 2025
Insights
Worksport shows strong execution with 83% QoQ growth while accelerating its transition from truck accessories to higher-value clean energy solutions.
Worksport is demonstrating impressive operational momentum with $4.1 million in Q2 revenue, representing
The doubling of R&D facilities in Missouri represents a significant commitment to product innovation while maintaining U.S.-based operations鈥攃rucial for quality control and intellectual property protection. With production already up
The Fall 2025 launch timeline for the SOLIS solar cover and COR portable power system indicates the commercialization process is progressing as planned. The completion of validation testing and existence of paying beta customers are positive indicators of market readiness. The company's projection of
Particularly noteworthy is the development of AetherLux heat pump technology, which targets the much larger
Overall, Worksport is executing a strategic transition from a niche truck accessory manufacturer to a broader clean energy solutions provider, potentially unlocking significantly larger addressable markets and higher margins.
Company Doubles Missouri R&D Facility, Launches Heat Pump Testing, and Readies Fall Rollout of SOLIS鈩� & COR鈩� Mobile Nano-Grid System
WEST SENECA, NY / / July 16, 2025 / 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 major corporate developments across research, manufacturing, and commercialization-signaling aggressive growth following a record-setting Q2.
Expanding U.S. R&D and Preparing for Manufacturing Scalability
After delivering Q2 2025 top-line results of
With production up since March 2025, the Company is also evaluating new factory capacity to meet surging demand. A decision on expansion is expected by the end of Q3. The Company shares that demand remains ahead of output.
COR and SOLIS Moving Toward Commercial Launch
Worksport's highly anticipated SOLIS solar-integrated tonneau cover and COR portable remain on track for a Fall 2025 launch. Both products have completed major validation milestones, including third-party testing and customer-paid beta deployments. Management believes this clean-tech vertical-targeting a
The Company projects
AetherLux鈩� Gains Additional Enterprise Attention
Terravis Energy, Worksport's clean-tech subsidiary, has entered early-stage commercial testing of its AetherLux鈩� Pro heat pump with high-performance , addressing the
Management believes AetherLux could play a major role in Worksport's 2026 balance sheet, as the Company continues to validate its performance in extreme climate conditions and scale its manufacturing pathways.
For further information:
Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128
W: W: E:
Connect with Worksport Chief Executive Officer, Steven Rossi
About Worksport
Worksport Ltd. (Nasdaq:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.
Connect with Worksport
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The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission (SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.
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The information contained herein may contain "forward鈥恖ooking statements." Forward鈥恖ooking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward鈥恖ooking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at . As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.
SOURCE: Worksport Ltd.
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