Worksport Ltd. Announces Impressive SOLIS Solar Cover Test Results
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.
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.
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]
Worksport | www.worksport.com
