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 è 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) reportó un crecimiento significativo e iniciativas de expansión tras un récord en el segundo trimestre de 2025. La compañía alcanzó 4,1 millones de dólares en ingresos en el Q2, un aumento del 83% respecto al trimestre anterior, mientras que la producción creció más del 50% desde marzo de 2025.
Los desarrollos clave incluyen la duplicación de sus instalaciones de I+D en Ozark, Missouri, y la preparación para el lanzamiento en otoño de 2025 de su cubierta solar SOLIS y el sistema nano-red portátil COR. La empresa proyecta ingresos de 2 a 3 millones de dólares por estos productos en 2025, con potencial para un crecimiento de ocho cifras en 2026.
Además, la subsidiaria de Worksport, Terravis Energy, está avanzando con su tecnología AetherLux Pro de bomba de calor, apuntando al mercado global de bombas de calor de 148 mil millones de dólares, con interés de grandes corporaciones y entidades gubernamentales.
Worksport (NASDAQ:WKSP)는 2025년 2분기 기록적인 성과 이후 눈에 띄는 성장과 확장 계획을 발표했습니다. 회사는 2분기 매출 410만 달러를 기록하며 전 분기 대비 83% 증가했으며, 2025년 3월 이후 생산량도 50% 이상 증가했습니다.
주요 발전 사항으로는 미주리주 오자크에 있는 연구개발 시설을 두 배로 확장하고, 2025년 가을에 SOLIS 태양광 토노 커버와 COR 휴대용 나노 그리드 시스템 출시를 준비하고 있습니다. 회사는 이 제품들로 2025년에 200만~300만 달러 매출을 예상하며, 2026년에는 8자리 수 성장 가능성을 보고 있습니다.
또한 Worksport의 자회사 Terravis Energy는 AetherLux Pro 히트펌프 기술을 발전시키고 있으며, 1,480억 달러 규모의 글로벌 히트펌프 시장을 목표로 주요 기업과 정부 기관들의 관심을 받고 있습니다.
Worksport (NASDAQ:WKSP) a annoncé une croissance significative et des initiatives d'expansion suite à un deuxième trimestre 2025 record. L'entreprise a réalisé 4,1 millions de dollars de revenus au T2, en hausse de 83 % par rapport au trimestre précédent, tandis que la production a augmenté de plus de 50 % depuis mars 2025.
Les développements clés incluent le doublement de ses installations de R&D à Ozark, Missouri, et la préparation du lancement à l'automne 2025 de sa couverture solaire SOLIS et du système nano-réseau portable COR. La société prévoit 2 à 3 millions de dollars de revenus issus de ces produits en 2025, avec un potentiel de croissance à huit chiffres en 2026.
De plus, la filiale de Worksport, Terravis Energy, fait progresser sa technologie de pompe à chaleur AetherLux Pro, visant le marché mondial des pompes à chaleur de 148 milliards de dollars, suscitant l'intérêt 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 % gegenüber dem Vorquartal entspricht, während die Produktion seit März 2025 um über 50 % gestiegen ist.
Zu den wichtigsten Entwicklungen gehört die Verdopplung der F&E-Einrichtungen in Ozark, Missouri, sowie die Vorbereitung auf die Markteinführung im Herbst 2025 der SOLIS Solar-Tonneau-Abdeckung und des COR tragbaren Nano-Grid-Systems. Das Unternehmen prognostiziert Umsätze zwischen 2 und 3 Mio. USD mit diesen Produkten im Jahr 2025 und sieht ein Wachstumspotenzial im achtstelligen Bereich für 2026.
Darüber hinaus treibt die Tochtergesellschaft Terravis Energy von Worksport die AetherLux Pro Wärmepumpentechnologie voran und zielt auf den globalen Wärmepumpenmarkt im Wert von 148 Mrd. USD ab, wobei großes 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—crucial 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™ & COR™ Mobile Nano-Grid System
WEST SENECA, NY / ACCESS Newswire / 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 over
COR and SOLIS Moving Toward Commercial Launch
Worksport's highly anticipated SOLIS solar-integrated tonneau cover and COR portable nano-grid system 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™ Gains Additional Enterprise Attention
Terravis Energy, Worksport's clean-tech subsidiary, has entered early-stage commercial testing of its AetherLux™ Pro heat pump with high-performance Zerofrost technology, 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: investors.worksport.com W: www.worksport.com E: investors@worksport.com
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 information contained herein may contain "forward‐looking statements." Forward‐looking 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‐looking 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 www.sec.gov. 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.
View the original press release on ACCESS Newswire
FAQ
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