Worksport Gears Up For Initial Alpha Release Of Its Pioneering COR Portable Energy Storage System
Portfolio Pulse from Benzinga Newsdesk
Worksport Ltd. (NASDAQ:WKSP) is preparing for an alpha release of its COR battery system. The company is streamlining its supply chain and has formed partnerships with global suppliers. The initial release will serve as a preliminary user iteration before its mass-market release in North America. Worksport is also expanding its production capabilities in response to increasing demand. The company's subsidiary, Terravis Energy, plans to increase research and development for its heat pump.
November 02, 2023 | 12:25 pm
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Worksport Ltd. is preparing for the alpha release of its COR battery system and is expanding its production capabilities. This could potentially increase the company's market share and revenues.
The alpha release of the COR battery system indicates progress in product development, which could attract investor interest. The expansion of production capabilities could meet increasing demand, potentially leading to increased sales and revenues. The company's focus on R&D for its heat pump also indicates potential for future growth.
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