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Worksport ($WKSP) Places Opening Purchase Order for COR Battery Systems; Prepares for Launch

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Worksport (NASDAQ: WKSP) placed an initial purchase order exceeding $1 million for COR portable battery systems, signaling a move toward commercial scale for its clean‑tech product line. The opening order covers 900 COR units (each with one inverter and one battery) plus 600 additional batteries. Worksport said the supplier is a global Tier‑1 battery manufacturer with >3,000 employees and capacity to ramp production.

Worksport confirmed a joint SOLIS & COR launch on November 28, 2025 and projected an initial rollout revenue of $2.45 million. Management cited a recent 31% gross margin quarter and record production levels as drivers for planned revenue acceleration through 2026.

Worksport (NASDAQ: WKSP) ha emesso un ordine iniziale superiore a 1 milione di dollari per i sistemi batteria portatili COR, segnando una svolta verso la scala commerciale della sua linea di prodotti puliti. L'ordine iniziale copre 900 unità COR (ciascuna con un inverter e una batteria) più 600 batterie aggiuntive. Worksport ha detto che il fornitore è un produttore globale Tier‑1 di batterie con oltre 3.000 dipendenti e capacità di aumentare la produzione.

Worksport ha confermato il lancio congiunto SOLIS & COR il 28 novembre 2025 e ha stimato un fatturato iniziale di rollout di 2,45 milioni di dollari. La direzione ha citato un recente trimestre con margine lordo del 31% e livelli di produzione record come driver per l'accelerazione dei ricavi prevista fino al 2026.

Worksport (NASDAQ: WKSP) realizó un pedido inicial superior a 1 millón de dólares para sistemas de baterías portátiles COR, señalando un paso hacia la escala comercial de su línea de productos de tecnología limpia. El pedido inicial cubre 900 unidades COR (cada una con un inversor y una batería) más 600 baterías adicionales. Worksport indicó que el proveedor es un fabricante global Tier‑1 de baterías con más de 3.000 empleados y la capacidad de ampliar la producción.

Worksport confirmó un lanzamiento conjunto SOLIS & COR para el 28 de noviembre de 2025 y proyectó unos ingresos de despliegue inicial de 2,45 millones de dólares. La dirección citó un trimestre reciente con un margen bruto del 31% y niveles de producción récord como impulso para acelerar los ingresos hasta 2026.

Worksport (NASDAQ: WKSP)가 COR 휴대용 배터리 시스템에 대해 100만 달러를 초과하는 초기 주문을 발주해 청정 기술 제품 라인의 상업 규모로의 전환을 시사했습니다. 개시 주문은 900 COR 유닛(각 유닛에 인버터 1대와 배터리 1개 포함) 및 600 추가 배터리를 포함합니다. Worksport는 공급업체가 3,000명 이상을 고용하고 생산 확대 능력을 가진 글로벌 Tier-1 배터리 제조업체라고 밝혔습니다.

Worksport는 SOLIS & COR의 공동 출시를 2025년 11월 28일로 확정했고 초기 롤아웃 매출을 245만 달러로 예측했습니다. 경영진은 최근 분기 31%의 총 이익률과 기록적인 생산 수준이 2026년까지 매출 가속화를 주도할 요인이라고 언급했습니다.

Worksport (NASDAQ: WKSP) a passé une commande initiale dépassant 1 million de dollars pour les systèmes de batteries portables COR, marquant une étape vers une échelle commerciale pour sa gamme de produits propres. La commande initiale couvre 900 unités COR (chacune avec un onduleur et une batterie) plus 600 batteries supplémentaires. Worksport a déclaré que le fournisseur est un fabricant mondial Tier‑1 de batteries avec plus de 3 000 employés et une capacité d’augmentation de la production.

Worksport a confirmé un lancement conjoint SOLIS & COR le 28 novembre 2025 et a prévu un chiffre d’affaires de déploiement initial de 2,45 millions de dollars. La direction a cité un trimestre récent avec une marge brute de 31% et des niveaux de production records comme moteurs de l’accélération des revenus prévue jusqu’en 2026.

Worksport (NASDAQ: WKSP) hat einen initialen Auftrag über mehr als 1 Million US-Dollar für COR tragbare Batteriesysteme platziert und damit einen Schritt in Richtung kommerzieller Skalierung seiner Clean‑Tech‑Produktlinie signalisiert. Der Eröffnungsauftrag umfasst 900 COR-Einheiten (jeweils mit einem Wechselrichter und einer Batterie) sowie 600 zusätzliche Batterien. Worksport sagte, der Lieferant sei ein globaler Tier‑1‑Batteriehersteller mit über 3.000 Mitarbeitern und Kapazität zur Produktionserweiterung.

Worksport bestätigte den gemeinsamen SOLIS & COR Start am 28. November 2025 und prognostizierte einen anfänglichen Rollout-Umsatz von 2,45 Millionen US-Dollar. Das Management verwies auf ein jüngstes Quartal mit einer Bruttomarge von 31% und Rekordproduktionsniveaus als Treiber für die geplante Umsatzbeschleunigung bis 2026.

Worksport (NASDAQ: WKSP) وضعت أمر شراء ابتدائي يتجاوز 1 مليون دولار لأنظمة بطاريات COR المحمولة، مما يشير إلى التحول نحو النطاق التجاري لسلسلة منتجاتها النظيفة. يغطي الطلب الافتتاحي 900 وحدة COR (كل وحدة تحتوي على محول عكسى وبطارية واحدة) بالإضافة إلى 600 بطارية إضافية. قالت Worksport إن المزود هو مصنع بطاريات عالمي من الدرجة الأولى يعمل به أكثر من 3000 موظف وبإمكانه توسيع الإنتاج.

أكدت Worksport إطلاقاً مشتركاً لـ SOLIS & COR في 28 نوفمبر 2025 وتوقعت عائدات طرح ابتدائية قدرها 2,45 مليون دولار. وأشار الإدارة إلى ربحية إجمالية حديثة بمقدار 31% ومستويات إنتاج قياسية كعوامل تدفع لتسريع الإيرادات المخطط لها حتى 2026.

Positive
  • Initial PO > $1 million
  • 900 COR units plus 600 batteries ordered
  • SOLIS & COR launch scheduled for Nov 28, 2025
  • Projected $2.45M initial rollout revenue
  • Reported 31% gross margin in July quarter
Negative
  • None.

Insights

Initial > $1,000,000 purchase order and a Nov 28, 2025 joint launch signal a measurable commercial step for Worksport's energy products.

Worksport secured an opening purchase order exceeding $1,000,000 for 900 COR units plus 600 batteries from a Tier 1 global battery manufacturer. The order validates the product-build pathway and creates a near-term revenue event tied to the pre-release initiative and the announced product launch on Nov 28, 2025.

The commercialization depends on supplier scale-up, quality controls, and channel execution. Management reports a supplier with global capacity and an 18-month engineering collaboration to adapt a Made-in-America design for mass manufacturing. The company's own projection for the initial rollout is $2.45 million in revenue, which is a concrete short-term milestone to monitor.

Watch quarterly fulfillment updates, actual shipping volumes against the 900-unit PO, and confirmed revenues in the next reported period. Also monitor any announced U.S.-based production moves and the supplier's ability to ramp. Time horizon: near term (Q4 2025 to 2026) for initial revenue recognition and scale signals.

A confirmed PO and manufacturing partnership reduce technical and supply risk ahead of commercial launch.

The PO for 900 complete COR units and 600 batteries indicates supplier readiness to produce at scale. Worksport notes an 18-month joint engineering effort to meet its quality, safety, and performance standards, which implies completed design-for-manufacture work and initial validation steps.

Key operational risks remain supplier ramp speed and quality consistency as production increases. The supplier is described as having broad global capacity and Tier 1 credentials, which supports rapid ramp but requires independent verification via delivery milestones. Track delivery timing, quality acceptance metrics, and any shift toward U.S.-based manufacturing as those items will materially affect cost structure and supply resilience within the next 6–12 months.

Initial PO Marks Major Milestone as Worksport Executes on Multiple New Business Fronts

West Seneca, New York--(Newsfile Corp. - October 31, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today announced it has placed an initial purchase order exceeding $1 million for its COR portable battery systems from a leading global battery system manufacturer, representing a key advancement as the Company moves toward commercial scale for its clean-tech product line.

The opening order includes 900 COR units, each including one inverter and one battery, along with 600 additional batteries, as part of a pre-release initiative expected to precede the upcoming SOLIS and COR joint launch on November 28, 2025. The supplier—an established global battery manufacturer employing over 3,000 people across the U.S., Europe, China, Vietnam, Germany, and Turkey—is recognized as a Tier 1 supplier for Fortune 50 companies, with capacity to rapidly ramp up production as Worksport scales distribution.

Advancing U.S.-Engineered Clean Energy Systems

Worksport has collaborated closely with this OEM partner for more than 18 months to adapt its Made-in-America design for high-quality global manufacturing, ensuring the COR system meets the Company's strict quality, safety, and performance standards. Management emphasized that Worksport will continue exploring U.S.-based production opportunities with this supplier as domestic battery technology advances toward global benchmarks.

"Placing this first major order validates both our product and our strategic approach to manufacturing partnerships," said Steven Rossi, Worksport Chief Executive Officer. "This is a pivotal step forward for our commercialization roadmap, opening the door to large-scale customer adoption and rapid revenue growth potential."

SOLIS & COR on Track for Launch; $2-3M Initial Revenue Opportunity

Worksport confirmed that SOLIS, its solar-integrated tonneau cover, and COR, its portable nano-grid energy system, are on track for official launch later this quarter. Together, the products form a modular, mobile energy grid, previously selected for a pilot program by a leading U.S. construction company. The initial rollout is projected to generate $2.45 million in revenue, with management targeting rapid scale-up potential through consumer and commercial distribution channels.

"SOLIS and COR are transformative for Worksport," Rossi added. "They represent the bridge between clean energy, mobility, and independence—exactly what today's market is demanding."

Positioned for Rapid Expansion

This milestone follows a series of consecutive record financial quarters, including July's 31% gross margin achievement and record production levels as reported earlier this quarter. With its HD3 heavy-duty tonneau cover in production conversations, and SOLIS and COR preparing to launch, Worksport is building a multi-vertical growth trajectory spanning automotive, clean-tech, and energy storage markets.

Management continues to project robust revenue acceleration through 2026, driven by Worksport's expanding IP portfolio, growing OEM partnerships, and demand from both B2C and B2B channels.

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Product Photo: Worksport COR In Use - October 23, 2025

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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. 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), FacebookLinkedIn, 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.

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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.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272682

FAQ

What did Worksport (WKSP) order in the initial purchase order dated October 31, 2025?

Worksport placed an initial PO exceeding $1 million for 900 COR units (each with one inverter and one battery) and 600 additional batteries.

When will Worksport (WKSP) launch SOLIS and COR and what revenue is expected from the initial rollout?

SOLIS and COR are on track for a joint launch on November 28, 2025, with an initial rollout projected to generate $2.45 million in revenue.

Who is manufacturing Worksport's COR systems and can production scale for WKSP?

An established global Tier‑1 battery manufacturer (employing >3,000) will supply the COR systems and said it has capacity to rapidly ramp production.

How does the COR order affect Worksport's commercialization plans for 2026?

Management described the PO as a pivotal commercialization step and projects revenue acceleration through 2026 driven by product launches and OEM partnerships.

What recent financial performance did Worksport (WKSP) report that supports expansion?

Worksport cited consecutive record quarters including a 31% gross margin in July and record production levels earlier this quarter.
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