on Worksport Ltd.
Worksport Expands R&D and Prepares New Product Launches Amid Growth
Worksport Ltd. has announced significant expansions in research, manufacturing, and product development following a record-setting Q2 with $4.1 million in revenues, marking an 83% increase from the previous quarter. The company, noted for its innovations in hybrid and clean energy solutions, has doubled its R&D footprint by moving into new facilities in Ozark, Missouri. This expansion seeks to support larger R&D initiatives and future product launches.
Amid the increase in production by over 50% since March 2025, Worksport plans to expand factory capacity to balance the surging demand for its products. The company anticipates reaching a decision by the end of Q3. In the clean-tech sector, Worksport is set to launch its SOLIS solar-integrated tonneau cover and COR nano-grid system in Fall 2025. These products are expected to deliver $2-3 million in revenue in 2025, with projected growth into eight figures by 2026.
AetherLux™, a product from Worksport's subsidiary Terravis Energy, is under early-stage commercial testing, targeting the global heat pump market valued at $148 billion. This technology is gaining attention from major corporations and government entities. Management sees AetherLux™ as a key contributor to Worksport's future financial performance.
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