Worksport Ltd. Forecasts $2-3 Million New 2025 Revenue from SOLIS & COR Systems with High Double-Digit Gross Margin

Reuters
05 Jun
<a href="https://laohu8.com/S/WKSP">Worksport Ltd</a>. Forecasts $2-3 Million New 2025 Revenue from SOLIS & COR Systems with High Double-Digit Gross Margin

Worksport Ltd. has announced its revenue outlook and strategic market positioning, anticipating $2-3 million in new revenue by 2025 from its SOLIS and COR systems. This forecast represents a high double-digit gross margin vertical, distinct from its core tonneau cover business. The company projects that these products will achieve 8-figure annual revenue in 2026, with expectations for long-term recurring growth in the mobile power and clean energy markets. The SOLIS solar-integrated tonneau cover has completed its initial beta deployment successfully with real-world customers, who have already begun utilizing the system in everyday conditions, indicating strong product-market fit and robust performance. This is seen as a significant technical validation ahead of full-scale commercialization. Additionally, Worksport's COR modular portable power system has passed all internal and third-party laboratory tests. The company has completed the necessary tooling and received production-ready units, which are now undergoing global UL certification, with approvals anticipated within approximately two months. The company is poised to launch SOLIS and COR in 2025, entering the expanding portable energy market, which is projected to grow at a CAGR of 24.2%. Worksport's leadership views these developments as opening new opportunities in the North American and global consumer markets, marking a new chapter of innovation for the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Worksport Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 254568) on June 05, 2025, and is solely responsible for the information contained therein.

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