WKSP | Jotup

Worksport Signs Long Term Agreement with Customer for US Factory Product and Expects US$16,000,000 in Annual Sales, Marking Significant Growth and Demand at NY Factory

Retrieved on:

Tuesday, September 19, 2023

WKSP, Growth, SOLIS, Robotics, Hyundai, COR, Automation

Under this agreement, Worksport is on track to earn an estimated $16,000,000 USD in annual sales of its advanced hard-folding and soft-folding covers, from this single customer.

Key Points:

Under this agreement, Worksport is on track to earn an estimated $16,000,000 USD in annual sales of its advanced hard-folding and soft-folding covers, from this single customer.
The agreement resulted from samples that were provided to and approved by this customer previously.
Aligned with this positive momentum and increase in demand, Worksport has outlined its strategic intentions to expand its manufacturing capabilities.
Following the Company's collaboration with Hyundai, numerous automotive manufacturers have expressed interest in the SOLIS cover, with discussions advancing currently.

Worksport Signs Long Term Agreement with Customer for US Factory Product and Expects US$16,000,000 in Annual Sales, Marking Significant Growth and Demand at NY Factory.

Retrieved on:

Tuesday, September 19, 2023

WKSP, Growth, SOLIS, Robotics, Hyundai, COR, Automation, Video game, Mobile phone

Under this agreement, Worksport is on track to earn an estimated $16,000,000 USD in annual sales of its advanced hard-folding and soft-folding covers, from this single customer.

Key Points:

Under this agreement, Worksport is on track to earn an estimated $16,000,000 USD in annual sales of its advanced hard-folding and soft-folding covers, from this single customer.
While estimated sales of $16 Million USD are based on the customer’s forecast on an annualized basis, this estimate does not include the customer’s expectations of year-over-year growth in sales.
The agreement resulted from samples that were provided to and approved by this customer previously .
Aligned with this positive momentum and increase in demand, Worksport has outlined its strategic intentions to expand its manufacturing capabilities.

Worksport Advances Towards the Launch of SOLIS Solar Cover with Innovative COR Battery System

Retrieved on:

Thursday, September 14, 2023

Partnership, SOLIS, EV, COR, Temperature, Cell, WKSP, Hyundai, Bluetooth, Weather, Safety, Software, Mobile phone

West Seneca, N.Y., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Worksport (Nasdaq: WKSP; WKSPW) today announces significant strides in the development of its groundbreaking COR battery system, designed to complement the launch of the SOLIS solar cover .

Key Points:

West Seneca, N.Y., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Worksport (Nasdaq: WKSP; WKSPW) today announces significant strides in the development of its groundbreaking COR battery system, designed to complement the launch of the SOLIS solar cover .
As part of its relentless pursuit of excellence, Worksport has strategically opted to enhance the COR system with redundant overheating protection.
The smart battery system will boast two independent microprocessors that meticulously monitor battery pack temperature.
The potential of the SOLIS solar cover, in combination with the COR battery system, has already piqued the interest of various EV manufacturers.

WATCH TODAY: Worksport Announces Webcasting Link for Participation in the H.C. Wainwright 25th Annual Global Investment Conference.

Retrieved on:

Monday, September 11, 2023

WKSP, Madison Avenue, Lotte New York Palace Hotel, Conference, Clean technology, Cryptocurrency

West Seneca, N.Y., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Worksport (Nasdaq: WKSP; WKSPW) today announces the Webcasting Link as previous announced it will be featured as a presenting company at the H.C. Wainwright 25th Annual Global Investment Conference starting today until Wednesday September 13, 2023.

Key Points:

West Seneca, N.Y., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Worksport (Nasdaq: WKSP; WKSPW) today announces the Webcasting Link as previous announced it will be featured as a presenting company at the H.C. Wainwright 25th Annual Global Investment Conference starting today until Wednesday September 13, 2023.
The in-person venue for the event is the Lotte New York Palace Hotel in New York City located at 455 Madison Avenue.
Virtual participation will be staged simultaneously.
Steven Rossi, CEO of Worksport , will provide an overview of the Company's Cleantech business during the presentation.

Worksport Announces Strong Solar Panel Supply Partner for SOLIS, Focusing On Bringing SOLIS Solar Cover and COR Battery System To Market

Retrieved on:

Thursday, September 7, 2023

SOLIS, COR, Movement, Wind, WKSP, UV, Water, Weather, Renewable energy

With this supply partner for SOLIS, the Company is demonstrating its unwavering commitment to pioneering sustainable technological solutions.

Key Points:

With this supply partner for SOLIS, the Company is demonstrating its unwavering commitment to pioneering sustainable technological solutions.
The sample solar panels presented to Worksport and tested in Worksport’s SOLIS Solar Cover epitomize resilience and innovation.
The SOLIS Solar Cover is not just a product, but a movement towards a greener future," highlighted CEO Steven Rossi at Worksport.
With a laser focus on propelling the SOLIS Solar Cover and the COR battery system into production, Worksport has a strong position in the sustainable automotive solution space.

Worksport LTD Launches Ambitious Sales Strategy, Announces Four Sales Partners For Market Growth

Retrieved on:

Thursday, August 31, 2023

Eastern Canada, SOLIS, COR, SEMA, EBay, WKSP, Walmart, Growth, Sales, Renewable energy, Amazon

These partners, strategically aligned with Worksport’s anticipated surge in production, are primed to turbocharge the Company’s B2B sales outreach.

Key Points:

These partners, strategically aligned with Worksport’s anticipated surge in production, are primed to turbocharge the Company’s B2B sales outreach.
Initial data reveals a promising prospect of over 70,000 potential B2B clients, setting the stage for Worksport to grow sales in the North American truck bed market.
Simultaneously, Worksport is diligently advancing its efforts to introduce the SOLIS solar cover and the COR battery system to the market.
For shareholders, this narrative echoes Worksport’s visionary strategy and staunch commitment to driving sustained growth while continually enhancing shareholder value.

Worksport Achieves Major Milestone with First Shipment of Hard-Folding Tonneau Covers From US Facility, Order of $1,600,000 in Process

Retrieved on:

Tuesday, August 22, 2023

WKSP, Bookbinding

These noteworthy achievements pave the way for Worksport's sharpened focus on their avant-garde SOLIS Solar Cover and the COR Battery System .

Key Points:

These noteworthy achievements pave the way for Worksport's sharpened focus on their avant-garde SOLIS Solar Cover and the COR Battery System .
This transformative combination, poised to redefine vehicular energy solutions, is drawing closer to market entry.
CEO Steven Rossi expressed his fervor, remarking, "It's an exhilarating period for Worksport.
Witnessing our hard-folding covers, a testament to American craftsmanship, being shipped right from our Buffalo, NY manufacturing facility is immensely gratifying.

Worksport Reports Revenue Growth for Q2 2023 YoY and Announces Strategic Developments in Solis Solar Cover and COR Battery Systems

Retrieved on:

Tuesday, August 15, 2023

Optimism, WKSP, Engineering, Growth, Video game

West Seneca, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) announced year-over-year revenue growth for the second quarter of 2023.

Key Points:

West Seneca, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) announced year-over-year revenue growth for the second quarter of 2023.
With this momentum, Worksport is setting its sights on further horizons: the launch of the eagerly anticipated SOLIS Solar Cover and the innovative COR Battery System.
Worksport CEO Steven Rossi expressed his optimism, "We believe we are just witnessing the start of our revenue growth.
Worksport management plans to release updates relating to the statuses of both the SOLIS Solar Tonneau Cover and the COR Battery System in the near future.

Worksport Announces Participation to Present at the H.C. Wainwright 25th Annual Global Investment Conference in New York Palace Hotel

Retrieved on:

Thursday, August 10, 2023

WKSP, Madison Avenue, Lotte New York Palace Hotel, Conference, Tourism

West Seneca, N.Y., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW), today announced it will be featured as a presenting company at the H.C. Wainwright 25th Annual Global Investment Conference.

Key Points:

West Seneca, N.Y., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW), today announced it will be featured as a presenting company at the H.C. Wainwright 25th Annual Global Investment Conference.
H.C. Wainwright & Co. is hosting its 25th Annual Global Investment Conference, which is being held September 11-13, 2023.
The in-person venue for the event is the Lotte New York Palace Hotel in New York City located at 455 Madison Avenue.
Location: Virtual to start on-demand on September 11 at 7:00 A.M. (ET) or in-person location at the Lotte New York Palace Hotel, New York, NY.

Worksport Presents Power Electronics Team

Retrieved on:

Tuesday, August 8, 2023

Richmond Hill, Ontario, Canada, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to present its Canadian-based Power Electronics team, a very strong group that is responsible for 100% of the Company's renewable energy design research and development.

Key Points:

Richmond Hill, Ontario, Canada, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to present its Canadian-based Power Electronics team, a very strong group that is responsible for 100% of the Company's renewable energy design research and development.
"We are very proud of our Canadian Power Electronics Team," said Worksport CEO Steven Rossi .
Among those on Worksport's Canadian Power Electronics team are:
Dr. Rafael Oliveira, Ph.D., Director of Engineering: Rafael has 23 years of experience working on engineering projects and 13 years as a professor.
Arvind has over six years of engineering experience in the design and development of AC-DC, DC-DC power converters, power electronics, embedded systems, and software/test engineering, in industry and research environments.