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Worksport ( (WKSP) ) has shared an update.
On February 11, 2025, Worksport’s subsidiary, Terravis Energy, announced the launch of its AetherLux™ heat pump, featuring groundbreaking ZeroFrost™ technology. This innovation eliminates defrost cycles, offers high efficiency, and operates effectively in extreme temperatures from -57°F to 131°F. The AetherLux is expected to redefine standards in the global heat pump market, projected to grow significantly by 2030. The new product line includes models designed to operate efficiently across a wide range of climates and aims to increase the adoption of heat pump technology, reduce climate impacts, and lower energy costs for consumers.
More about Worksport
Worksport Ltd. (NASDAQ: WKSP) is a U.S.-based company specializing in the design, development, and manufacture of hybrid and clean energy solutions, including tonneau covers, solar integrations, portable power systems, and clean heating and cooling solutions. The company collaborates with major industry players like Hyundai and focuses on integrating clean energy solutions across various sectors, including light trucks and global consumer goods.
YTD Price Performance: -6.13%
Average Trading Volume: 2,025,386
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $29.71M
Find detailed analytics on WKSP stock on TipRanks’ Stock Analysis page.
