Welcome to our dedicated page for Worksport news (Ticker: WKSP), a resource for investors and traders seeking the latest updates and insights on Worksport stock.
Worksport Ltd (WKSP) delivers innovative solutions through its automotive accessories and sustainable energy systems. This news hub provides investors and industry observers with official updates on corporate milestones, product developments, and financial performance.
Access timely press releases covering earnings reports, manufacturing advancements, and technological breakthroughs in solar integration. Track strategic partnerships and regulatory filings that shape the company's position in both automotive and clean energy markets.
Our curated collection ensures transparent access to Worksport's operational updates without speculative analysis. Discover announcements about new tonneau cover designs, hydrogen energy initiatives, and intellectual property developments directly from primary sources.
Bookmark this page for streamlined monitoring of Worksport's progress in merging automotive functionality with sustainable technology. Verify all information through official SEC filings and company communications linked within each news item.
Worksport Ltd (Nasdaq: WKSP) is advancing its strategy to become a global OEM, initiating due diligence on automotive manufacturers since Q3 2021. The company is currently in discussions for OEM contracts to enhance its portfolio of solar integration products. With plans for a new manufacturing facility equipped for automation, Worksport aims to meet automotive manufacturing needs. CEO Steven Rossi expressed confidence in this growth strategy, citing a strong foundation in innovative products and commitments to sustainable energy.
Worksport Ltd (Nasdaq: WKSP) will present at the Benzinga Global Small Cap Conference on December 8-9, 2021. This conference connects small-cap companies with investors and traders, providing educational modules and curated investment opportunities. Interested parties can register for a free spectator pass by visiting the Benzinga website. Worksport specializes in designing and manufacturing tonneau covers, solar integrations, and hydrogen-based energy solutions, aiming to lead in the clean energy sector.
Worksport Ltd (Nasdaq: WKSP) will present at the Sequire Clean Tech & EV Conference on December 6, 2021, at 8:00 AM ET. CEO Steven Rossi expressed enthusiasm about sharing updates on the company's future initiatives, emphasizing the growing focus on clean technology and electric vehicles. Attendees can register to watch the presentation and request one-on-one meetings. Worksport Ltd. specializes in sustainable solutions, including solar integration and hydrogen-based technologies, aiming to address consumer demand for clean energy.
Worksport Ltd. (Nasdaq: WKSP) provided a corporate update on December 1, 2021, highlighting its progress in 2021 and plans for 2022. The company ramped up production following its Regulation-A offering and stocked inventory to support its new sales strategies. Worksport developed its first solar tonneau cover and portable energy storage unit, bolstered by a $30 million capital raise to enhance manufacturing in Canada. The company aims to debut its products by Q1 2022, despite shipping delays. Management is optimistic about future innovations and partnerships in clean energy solutions.
Worksport Ltd. (Nasdaq: WKSP) has reported significant progress in the pre-production of its Terravis SOLIS and COR Energy Storage System. Over four months of rigorous testing at Ontario Tech University have shown that the system's PV cells charge the COR units to full capacity (1500Wh) in 3-4 hours. The COR units can power various devices, including a water pump for 11 hours and a mini fridge for 14 hours. The company anticipates full production readiness in Q2 2022, offering strong potential for market impact.
Worksport Ltd. (Nasdaq: WKSP) reported third-quarter financial results for the period ending September 30, 2021. The company achieved a record cash position of approximately $29.0 million and secured a new manufacturing facility to enhance onshore production. Despite total revenues declining to $93,408 from $116,491 year-over-year, year-to-date revenues rose to $287,297. The net loss increased to $2.04 million due to higher sales and marketing costs. Worksport is optimistic about its new Terravis Energy subsidiary and the launch of its innovative solar tonneau covers, aiming to capitalize on green energy trends.
Worksport Ltd (Nasdaq: WKSP; WKSPW) announced that its subsidiary, Terravis Energy, has engaged Kealey & Associates for guidance on R&D initiatives aimed at Canadian government agencies. Kealey & Associates, with over 20 years of expertise in strategic communications and public policy, is expected to help identify and overcome potential barriers to government opportunities. CEO Lorenzo H. Rossi expressed enthusiasm about showcasing their sustainable technologies. The company's commitment to sustainable energy solutions is evident as they prepare for large-scale business advancements.
Worksport Ltd (Nasdaq: WKSP, WKSPW) has appointed Yosi Behar to its Advisory Board, enhancing its commitment to advancing clean energy solutions. With over 40 years of experience in real estate, Behar's expertise will support the company's initiatives in solar and hydrogen technologies for off-grid power generation. CEO Steven Rossi expressed confidence in Behar’s role for strategic partnerships. Worksport aims to leverage this collaboration to transform utility applications while introducing its Terravis product line into the consumer market, aligning with shifting consumer preferences toward sustainable energy.
Worksport Ltd (Nasdaq: WKSP; WKSPW) announced that CEO Steven Rossi will present at the Dawson James Securities Small Cap Growth Conference on October 21, 2021, at the Wyndham Grand Hotel in Jupiter, Florida. The presentation will cover the company's innovative solar panel integration into their tonneau cover business and the Terravis System's pre-order availability. Worksport’s collaboration with Ontario Tech University and Greatcell Solar Italy aims to enhance their sustainable solutions. The company is committed to decarbonizing transportation and creating clean energy technologies.
Worksport Ltd (Nasdaq: WKSP; WKSPW) announced a collaboration with Greatcell Solar Italy to innovate clean energy solutions. This partnership aims to enhance the Terravis solar systems with high-efficiency Perovskite Solar Cells (PSC), which reportedly offer double the energy conversion efficiency compared to traditional panels. Greatcell, an established provider with a strong IP portfolio in 3rd-generation solar technologies, will support Worksport's commitment to clean transportation. The collaboration is seen as a strategic step towards developing advanced solar harvesting solutions.
