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Worksport Subsidiary Terravis Energy Selects Major Asian Manufacturing Partner for Breakthrough Zerofrost(TM) Heat Pump; Announces Path to Commercialization Within 2026

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Worksport (NASDAQ:WKSP) announced that subsidiary Terravis Energy selected a major Asian manufacturing partner to mass-produce the Aetherlux Pro Zerofrost™ heat pump, securing supply capacity to support commercialization and certification targeted for end of 2026. The partnership enables an asset-light production approach to scale without large CapEx, with production of certification units starting immediately and commercial deliveries planned in 2026. Terravis also received a competitive NREL award providing third-party validation of the Aetherlux system. The company highlights ongoing B2B licensing and private-label discussions and invites dealers to reserve territory for the 2026 launch pathway.

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Positive

  • Manufacturing partner selected to mass-produce Zerofrost
  • Production of certification units begins immediately
  • Commercial deliveries targeted by end of 2026
  • NREL award provides third-party technical validation
  • Asset-light model avoids heavy upfront manufacturing CapEx

Negative

  • Commercial launch dependent on end of 2026 certification
  • Production scale reliant on single major Asian manufacturer

News Market Reaction – WKSP

+1.03% 2.1x vol
9 alerts
+1.03% News Effect
+4.1% Peak Tracked
-8.4% Trough Tracked
+$177K Valuation Impact
$17M Market Cap
2.1x Rel. Volume

On the day this news was published, WKSP gained 1.03%, reflecting a mild positive market reaction. Argus tracked a peak move of +4.1% during that session. Argus tracked a trough of -8.4% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $177K to the company's valuation, bringing the market cap to $17M at that time. Trading volume was elevated at 2.1x the daily average, suggesting notable buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Global HVAC market size: $160 billion Commercialization target year: 2026
2 metrics
Global HVAC market size $160 billion Stated addressable market for Aetherlux Pro Zerofrost heat pump
Commercialization target year 2026 Path to certification and initial commercial delivery by end of 2026

Market Reality Check

Price: $1.34 Vol: Volume 220,905 vs 20-day ...
high vol
$1.34 Last Close
Volume Volume 220,905 vs 20-day average 140,331 (relative volume 1.57x) ahead of this milestone update. high
Technical Shares at $1.94 are trading below the 200-day MA of $3.02 and sit near the 52-week low of $1.91, far from the $11.00 52-week high.

Peers on Argus

Momentum scanner flagged WKSP moving up, while peers in the scan like GTEC (-23....
2 Down

Momentum scanner flagged WKSP moving up, while peers in the scan like GTEC (-23.88%) and FRSX (-4.02%) were moving down. Broader Auto Parts peers show mixed moves, suggesting this announcement was more stock-specific than sector-driven.

Historical Context

5 past events · Latest: Jan 13 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 13 Business update Positive +6.0% Outlined 2026 growth outlook, product shipments, OEM discussions and heat pump plans.
Dec 18 Revenue milestone Positive -3.1% Reported highest monthly revenue and continued gross margin expansion in 2025.
Dec 16 Product launch Positive +4.8% Launched SOLIS solar tonneau compatible with Rivian R1T with near‑term shipments.
Dec 08 Logistics expansion Positive -4.3% Opened AI‑integrated distribution center to improve delivery times and cut logistics costs.
Dec 02 Sales milestone Positive +4.3% Achieved record Black Friday and weekly online sales driven by SOLIS and COR launch.
Pattern Detected

WKSP often reacts positively to growth and product updates, but there are instances of negative reactions to strong operational metrics.

Recent Company History

Over the past few months, WKSP has highlighted rapid growth and expanding clean‑energy offerings. A Jan 13 business update linked shipping of SOLIS and COR with triple‑digit revenue growth and a 2026 commercialization target for Aetherlux heat pumps. Prior releases in Dec 2025 reported record monthly revenue, new SOLIS products for Rivian R1T, an AI‑enabled distribution center, and record Black Friday e‑commerce. Today’s manufacturing partnership for Zerofrost™ extends that commercialization narrative toward 2026 delivery.

Regulatory & Risk Context

Active S-3 Shelf · $11.5 million
Shelf Active
Active S-3 Shelf Registration 2026-01-20
$11.5 million registered capacity

An effective S-3 resale registration covers up to 3,840,421 shares issuable upon exercise of inducement warrants held by Armistice Capital. WKSP is not selling shares in this registration and would not receive proceeds from resales, but could receive about $11.5 million in cash if all such warrants are exercised at $3.00 per share.

Market Pulse Summary

This announcement advances WKSP’s Terravis Energy unit from R&D toward execution, pairing Zerofrost™...
Analysis

This announcement advances WKSP’s Terravis Energy unit from R&D toward execution, pairing Zerofrost™ heat‑pump technology with a major Asian manufacturer and targeting certification and initial commercialization by 2026. It supports the company’s broader clean‑energy strategy highlighted in recent growth and product updates. Investors may track progress on certification, B2B licensing discussions, and how this asset‑light manufacturing approach interacts with capital needs detailed in recent SEC filings and the active S‑3 resale registration.

Key Terms

heat pump, hvac, capex, roic
4 terms
heat pump technical
"Breakthrough Zerofrost(TM) Heat Pump; Announces Path to Commercialization"
A heat pump is an electric device that moves warmth from one place to another—extracting heat from outside air, ground, or water to warm a building, or reversing to cool it—similar to how a refrigerator transfers heat to stay cold. Investors care because heat pumps cut energy use and emissions compared with traditional heaters, influencing demand for manufacturers, utility load patterns, fuel markets, and eligibility for incentives or regulations that can affect company revenues and long‑term operating costs for consumers.
hvac technical
"execution in the $160 billion global HVAC market."
HVAC stands for heating, ventilation and air conditioning — the systems that control temperature, airflow and indoor air quality in buildings. Investors care because HVAC drives operating costs, energy use, tenant comfort and regulatory compliance; like the engine and insulation of a building, efficient modern systems can lower bills, reduce repair and replacement spending, and preserve property value, while outdated units can create unexpected expenses and vacancy risk.
capex financial
"without the massive capital expenditure (CapEx) typically associated with"
Capex, short for capital expenditures, refers to the money a company spends to buy, upgrade, or maintain physical assets such as buildings, equipment, or technology. It matters to investors because these investments can help a company grow and improve its long-term performance, but they also represent significant costs that can impact profitability and cash flow.
roic financial
"investments, improving return on invested capital (ROIC).2026 Revenue Path:"
Return on invested capital (ROIC) measures how well a company turns the money it uses to run and grow the business into profit, expressed as a percentage. Think of it like how much fruit a tree yields for each seed and watering dollar invested: higher ROIC means management is extracting more value from each dollar put into the company. Investors use it to compare how efficiently different companies deploy capital and whether returns justify the risk of holding the stock.

AI-generated analysis. Not financial advice.

Strategic Partnership Secures 2026 Production Scale; Breakthrough Heat-Pump Technology Eliminates Backup Heat While Maintaining High Efficiency in All Climates

WEST SENECA, NEW YORK / ACCESS Newswire / January 27, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based technology and manufacturing company focused on clean energy solutions and automotive accessories for consumer and reseller channels, is pleased to announce its subsidiary Terravis Energy has selected a major Asian manufacturing partner to mass-produce the Aetherlux Pro Zerofrost™ Heat Pump. This strategic milestone secures the supply chain capacity necessary to meet multi-billion-dollar global demand and solidifies the path to certification and initial commercial delivery by the end of 2026.

From R&D to Global Mass Production This partnership marks Worksport's transition from development to execution in the $160 billion global HVAC market. By selecting a manufacturer with existing infrastructure to produce high volumes of advanced thermal systems, Worksport has effectively de-risked the commercialization phase of its subsidiary, Terravis Energy. The agreement allows for immediate scaling without the massive capital expenditure (CapEx) typically associated with building new factories, preserving cash while accelerating time-to-revenue.

"We have crossed the bridge from concept to commerce," said Steven Rossi, CEO of Worksport. "After extensive vetting, we have selected a partner that not only meets our rigorous quality standards but has the sheer industrial power to scale with us. This is no longer just a project; it is a product line with an established path to market, and serious on-going discussions with large entities. We are now entering the certification phase with a supply chain capable of delivering on the multi-billion-dollar potential we see in the residential and commercial heating sectors."

Key Investor Highlights:

  • Asset-Light Model: The partnership eliminates the need for heavy upfront manufacturing investments, improving return on invested capital (ROIC).

  • 2026 Revenue Path: Production of certification units begins immediately, with commercial sales targeted for 2026, aligning with the Company's record growth forecasts.

  • B2B Licensing Opportunities: The secured manufacturing capacity strengthens Worksport's position in ongoing discussions with billion-dollar companies regarding potential licensing and private-label distribution of the Zerofrost technology.

Validating the Tech: NREL Award This commercial progress follows the recent selection of Terravis Energy for a competitive award from the National Renewable Energy Laboratory (NREL). The NREL award provides third-party scientific validation of the Aetherlux system, a critical component in building trust with institutional investors and major B2B partners. Terravis Energy will continue getting increased third-party validation, ahead of full certification planed for 2026. More information to follow.

Interested dealers and distributors can contact info@terravisenergy.com to reserve territory and learn more about the 2026 certification and launch pathway. You may also use: Aetherlux Contact Us.

To learn more about the revolutionary Zerofrost technology and its strong relevance during the current 2026 polar vortex, investors are encouraged to read the simultaneous product announcement from our subsidiary, Terravis Energy.

For all future updates, join Worksport's Newsletter.

Contacts

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

Steven Rossi X (Twitter)
Steven Rossi LinkedIn

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

Please follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.

Social Media Disclaimer

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.

Forward-Looking Statements

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

What did Worksport (WKSP) announce about Terravis Energy on January 27, 2026?

Terravis selected a major Asian manufacturing partner to mass-produce the Aetherlux Pro Zerofrost heat pump and plans certification and initial commercial delivery by end of 2026.

When will Terravis begin producing certification units for the Zerofrost heat pump (WKSP)?

Production of certification units begins immediately, with commercial sales targeted in 2026.

How does the selected manufacturer affect Worksport's capital needs (WKSP)?

The partnership enables an asset-light approach, avoiding large factory CapEx and preserving cash.

What validation did Terravis Energy receive for the Aetherlux system (WKSP)?

Terravis received a competitive NREL award, described as third-party scientific validation of the Aetherlux system.

Will Terravis pursue licensing or private-label deals for Zerofrost (WKSP)?

Yes; the announcement cites ongoing discussions with large companies about B2B licensing and private-label distribution.

How can dealers reserve territory for the Zerofrost 2026 launch (WKSP)?

Dealers can contact info@terravisenergy.com to reserve territory and learn about the 2026 certification and launch pathway.
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