Worksport Ltd. Announces Impressive SOLIS Solar Cover Test Results
Worksport (NASDAQ: WKSP) has announced impressive test results for its SOLIS solar tonneau cover, which is entering the final live-testing phase. The company is preparing for an Alpha launch this summer, targeting multiple high-growth billion-dollar markets. Key points include:
1. SOLIS can generate up to 680W of power, depending on conditions and truck bed size.
2. The system can charge up to 45 iPhone 14's per hour.
3. Worksport is inviting media and tech journalists for exclusive early access.
4. The SOLIS and COR systems work together as a clean-tech nano grid.
5. A mobile app will provide real-time insights into power usage and generation.
6. The company plans to track solar power generation from all SOLIS covers, potentially accumulating valuable data and qualifying for carbon credits.
Worksport (NASDAQ: WKSP) ha annunciato risultati di test impressionanti per il suo copertura per cassoni SOLIS solare, che sta entrando nella fase finale di test dal vivo. L'azienda si sta preparando per un lancio Alpha quest'estate, mirato a diversi mercati in rapida crescita da miliardi di dollari. I punti chiave includono:
1. SOLIS può generare fino a 680W di potenza, a seconda delle condizioni e delle dimensioni del cassone del camion.
2. Il sistema può caricare fino a 45 iPhone 14 all'ora.
3. Worksport invita i giornalisti di media e tecnologia per un accesso esclusivo anticipato.
4. I sistemi SOLIS e COR lavorano insieme come una nano rete pulita.
5. Un'app mobile fornirà approfondimenti in tempo reale sull'uso e sulla generazione di energia.
6. L'azienda prevede di monitorare la generazione di energia solare da tutte le coperture SOLIS, accumulando potenzialmente dati preziosi e qualificandosi per crediti di carbonio.
Worksport (NASDAQ: WKSP) ha anunciado resultados de prueba impresionantes para su cubierta solar para camiones SOLIS, que está entrando en la fase final de pruebas en vivo. La empresa se está preparando para un lanzamiento Alpha este verano, apuntando a múltiples mercados en crecimiento de miles de millones de dólares. Los puntos clave incluyen:
1. SOLIS puede generar hasta 680W de potencia, dependiendo de las condiciones y del tamaño de la cama del camión.
2. El sistema puede cargar hasta 45 iPhones 14 por hora.
3. Worksport está invitando a periodistas de medios y tecnología para acceso exclusivo anticipado.
4. Los sistemas SOLIS y COR trabajan juntos como una nano red de tecnología limpia.
5. Una aplicación móvil proporcionará información en tiempo real sobre el uso y la generación de energía.
6. La empresa planea rastrear la generación de energía solar de todas las cubiertas SOLIS, acumulando potencialmente datos valiosos y calificando para créditos de carbono.
Worksport (NASDAQ: WKSP)는 SOLIS 태양광 트럭 커버의 인상적인 테스트 결과를 발표했으며, 이는 최종 실제 테스트 단계에 진입하고 있습니다. 이 회사는 여름에 Alpha 출시를 준비하고 있으며, 수십억 달러 규모의 고성장 시장을 겨냥하고 있습니다. 주요 사항은 다음과 같습니다:
1. SOLIS는 조건과 트럭 침대 크기에 따라 최대 680W의 전력을 생성할 수 있습니다.
2. 이 시스템은 시간당 최대 45개의 아이폰 14를 충전할 수 있습니다.
3. Worksport는 독점적인 조기 접근을 위해 미디어 및 기술 기자를 초대하고 있습니다.
4. SOLIS와 COR 시스템은 클린 테크 나노 그리드로 함께 작동합니다.
5. 모바일 앱이 전력 사용 및 생성에 대한 실시간 통찰력을 제공합니다.
6. 이 회사는 모든 SOLIS 커버의 태양광 발전을 추적할 계획이며, 이를 통해 귀중한 데이터를 축적하고 탄소 배출권 자격을 얻을 수 있습니다.
Worksport (NASDAQ: WKSP) a annoncé des résultats de test impressionnants pour son couvre-benne solaire SOLIS, qui entre dans la phase finale de test en direct. L'entreprise se prépare pour un lancement Alpha cet été, ciblant plusieurs marchés à forte croissance évalués en milliards de dollars. Les points clés incluent :
1. SOLIS peut générer jusqu'à 680W de puissance, selon les conditions et la taille de la benne du camion.
2. Le système peut charger jusqu'à 45 iPhone 14 par heure.
3. Worksport invite les médias et les journalistes technologiques à un accès anticipé exclusif.
4. Les systèmes SOLIS et COR fonctionnent ensemble comme un réseau nano de technologie propre.
5. Une application mobile fournira des informations en temps réel sur l'utilisation et la génération d'énergie.
6. L'entreprise prévoit de suivre la génération d'énergie solaire de toutes les couvertures SOLIS, accumulant potentiellement des données précieuses et se qualifiant pour des crédits carbone.
Worksport (NASDAQ: WKSP) hat beeindruckende Testergebnisse für seine SOLIS solar Tonneau-Cover bekannt gegeben, das sich in der finalen Live-Testphase befindet. Das Unternehmen bereitet einen Alpha-Launch in diesem Sommer vor und zielt auf mehrere hochwachsende Märkte im Milliardenbereich ab. Wichtige Punkte sind:
1. SOLIS kann je nach Bedingungen und Größe der Lkw-Ladefläche bis zu 680W Strom erzeugen.
2. Das System kann bis zu 45 iPhone 14 pro Stunde laden.
3. Worksport lädt Medien- und Technikjournalisten zu einem exklusiven frühen Zugriff ein.
4. Die Systeme SOLIS und COR arbeiten zusammen als ein Clean-Tech-Nano-Netz.
5. Eine mobile App wird Echtzeit-Einblicke in den Energieverbrauch und die -erzeugung bieten.
6. Das Unternehmen plant, die Solarstromerzeugung aller SOLIS-Deckel zu verfolgen, um potenziell wertvolle Daten zu sammeln und sich für Kohlenstoffgutschriften zu qualifizieren.
- SOLIS solar tonneau cover entering final live-testing phase with impressive results
- Alpha launch set for summer 2024, targeting high-growth billion-dollar markets
- SOLIS can generate up to 680W of power, charging up to 45 iPhone 14's per hour
- Integration of SOLIS & COR systems creates a powerful clean-tech nano grid
- Mobile app development for real-time power usage and generation insights
- Potential to create the largest portable solar microgrid network globally
- Q2 2024 earnings call scheduled for August 13, 2024
- None.
Insights
As a technology analyst, I'm impressed by Worksport's SOLIS solar tonneau cover and its integration with the COR ecosystem. The system's ability to generate up to 680W of power is significant for a portable solar solution. This could indeed be a game-changer for truck owners and the recreational market.
The cloud-based data collection and monitoring dashboard is a smart move. It not only provides real-time insights to users but also allows Worksport to gather valuable data on solar power generation across different geographical locations. This data could be instrumental in improving product efficiency and potentially qualifying for carbon credits.
The integration of smart technology and a mobile app for real-time power usage and generation insights is in line with current tech trends. However, the success of this system will largely depend on its reliability, user-friendliness and how well it integrates with users' daily lives.
While the technology sounds promising, it's important to note that the product is still in the testing phase. The real test will come when it's released to a broader market. Factors like durability, ease of installation and compatibility with various truck models will be important for widespread adoption.
From a market perspective, Worksport's SOLIS and COR system is targeting a significant opportunity. With over 60 million pickup truck owners in North America alone, the potential market is substantial. The product's ability to serve multiple use cases - from powering campsites to running power tools - could appeal to a wide range of consumers.
The company's strategy of an Alpha launch focusing on influencers and key customers is a smart move. This approach can help build buzz and iron out any issues before a full market release. The invitation to media and tech journalists for early access is also a good way to generate publicity and credibility.
However, it's important to consider the competitive landscape. While Worksport claims to be first-to-market with this specific solution, there are other players in the portable solar and vehicle-integrated solar spaces. The success of SOLIS and COR will depend on how well they differentiate themselves in terms of performance, price and user experience.
The potential to create the "largest portable solar microgrid network in the world" is an intriguing proposition. If successful, this could open up new revenue streams through data monetization and carbon credits. However, this vision is still speculative and would require significant market penetration to realize.
Investors should also note the company's recent financial performance, with a reported
Alpha Launch Set for This Summer; Journalists Invited for Early Access
West Seneca, New York--(Newsfile Corp. - August 1, 2024) - 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, is thrilled to announce that its first-to-market SOLIS solar tonneau cover has entered the final live-testing phase, demonstrating impressive results in laboratory assessments. All material to enter Alpha production is on hand.
Pilot SOLIS solar tonneau covers are currently being produced in the Company's state-of-the-art Western New York factory using fully tooled, production-ready components. This factory will be home to the Worksport's SOLIS Alpha and full-scale production.
The Alpha release of Worksport's Solar Truck Cover and COR portable energy system is set for later this summer, targeting multiple high-growth billion-dollar markets. This strategic Alpha limited launch will focus on influencers and key customers, paving the way for a full market release.
Media and tech journalists are invited to contact Worksport for exclusive early access to the Worksport SOLIS and COR. Contact us at media@worksport.com.
Encouraging Test Results & Cutting-Edge Technology
Proudly developed in North America, SOLIS is poised to deliver unmatched performance and user experience in the portable energy market. The SOLIS has been undergoing live testing on the back of pickup trucks for the past two weeks. It can generate up to 680W of power depending on weather conditions and truck bed sizing, SOLIS ensures optimal energy harvest, making it a game-changer for truck owners and the recreational market at large.
Steven Rossi, CEO of Worksport, stated, "The COR & SOLIS system work as a powerful clean-tech nano grid, generating a significant amount of power every hour. Our test results show that the system can charge up to 45 iPhone 14's per hour, providing clean energy straight from the Sun." Rossi added, "The SOLIS tonneau cover is perfect for the over 60 million pickup truck owners on North American roads. Customers can use their cover to power the campsite, power tools, and even appliances, transforming their trucks into versatile power sources."
Figure 1: The cloud-based data collection and monitoring dashboard on a medium size Worksport SOLIS Solar Tonneau.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9057/218425_2d1fec26e4aa3a98_001full.jpg
SOLIS & COR: A Game-Changer in Portable Energy
The SOLIS system is a cornerstone of the Worksport COR ecosystem. By integrating Worksport SOLIS & MPPT, we have successfully tested optimal energy harvesting and seamless cloud integration allowing information exchange of the embedded power converters. Both Worksport SOLIS & COR will be paired with a cutting-edge mobile app, empowering users with real-time insights into power usage and generation. This innovative approach unlocks a plethora of market opportunities for the Worksport COR ecosystem.
Rafael Oliveira, CTO Designate of Worksport, stated: "Leveraging smart technology, Worksport aims to track solar power generation from all SOLIS covers, making this data accessible to both users and investors. This capability offers numerous advantages, including potential carbon credits, continuous feedback for our R&D efforts, and showcasing the unparalleled energy potential of our products to the world. The potential is real to have hundreds of thousands of SOLIS units travelling the roads globally, representing the largest portable solar microgrid network in the world, all providing real time data. With our live data collection, we could accumulate invaluable data relating to solar irradiance, weather conditions, and solar efficiency in different geographic locations - not to mention track our qualification for carbon credits."
Worksport will now begin final testing of the production ready COR units.
Stay Tuned for More Updates
Investors and tech enthusiasts can look forward to more updates in the coming weeks as Worksport gears up for the Alpha release of SOLIS and COR. The Company will also host its first live earnings call in August to discuss Q2 results and discuss future direction.
Q2 2024 Earnings Call: Sign Up Here [Aug 13, 2024]
Key Press-Releases released in 2024:
- July 30: Worksport to Drive Growth With new Live Sales Platform
- July 11: Worksport Expands Dealer Network
- June 20: Worksport Announces Record Breaking May Sales
- June 13: Worksport Awarded 'Innovator of the Year'
- May 16: Worksport Reports 1,
506% Q1 Revenue Surge - May 8: Worksport Awarded
$2.8M M Grant - April 25: Worksport Signals Undervalued Status, Eyes Major 2024 Growth
- March 18:
$2.8M M Direct Offering Priced At-The-Market. - February 7: Infineon and Worksport Announce Collaboration
Read all Worksport press releases: [Link to All Press Releases].
Stay Connected
- Investor Newsletter: Investors and customers are invited to follow Worksport's progress as it builds on this momentum and strives to redefine industry standards with each new corporate development. Link to Newsletter
- Contact Information
Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128 W: investors.worksport.com E: investors@worksport.com W: worksport.com
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, and NP (Non-Parasitic), hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. 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 RAM, Chevrolet, and GMC models from General Motors, as well as Ford, Jeep, Nissan, and Toyota pickup trucks. 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 NP (Non-Parasitic), Hydrogen-based technology. Terravis Energy's website is terravisenergy.com. For more information, please visit investors.worksport.com.
Connect with Worksport
Please follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram (collectively, the "Accounts"), 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. 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.
| Product social media | Investor social media |
| X (formerly Twitter) | |
| YouTube | Link to Newsletter |
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.
For additional information, please contact:
Steven Obadiah, Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128 W: investors.worksport.com W: www.worksport.com E: investors@worksport.com
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," "expect," "future," "intend," "plan," "project," "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 condition 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 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/218425
FAQ
What is the power generation capacity of Worksport's SOLIS solar tonneau cover?
When is the Alpha launch of Worksport's SOLIS and COR systems scheduled?
How many iPhones can the SOLIS system charge per hour?
What markets is Worksport (WKSP) targeting with its SOLIS and COR products?
When is Worksport's (WKSP) Q2 2024 earnings call scheduled?
