Worksport Ltd. Advances Toward COR Alpha Release: Purchases All Inventory Parts For Alpha Release Production; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Worksport Ltd. has completed the purchase of inventory parts necessary for the Alpha Release of its COR Portable Energy Storage System. This includes critical components like power switches and microcontrollers. The company's proactive approach aims to expedite manufacturing and avoid delays for its SOLIS Solar Cover and COR Battery System. Worksport's CEO Steven Rossi expresses optimism for a rapid market introduction and readiness for real-world testing, contributing to the clean energy movement in the automotive sector.
January 16, 2024 | 1:22 pm
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Worksport Ltd. has purchased inventory parts for the Alpha Release of its COR Portable Energy Storage System, indicating readiness for market launch and potential growth.
The purchase of inventory parts for the Alpha Release suggests that Worksport is progressing well with its product development and is preparing for a market launch. This news is likely to be viewed positively by investors as it indicates that the company is moving forward with its plans and may soon generate revenue from these products. The commitment to the clean energy sector and the anticipation of a seamless transition from development to delivery could also contribute to investor optimism.
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