Scott Buck

Charles Fratt

Tate Sullivan

- Worksport's subsidiary, Terravis Energy, has initiated a joint project with **NREL**, a U.S. Department of Energy national laboratory, to analyze its **AetherLux™ Pro heat pump** with ZeroFrost™ technology in Alaska.  **[1096275_094c793fbb8f40efb4fb3a17edc71661_0]** 
- The AetherLux™ Pro heat pump is notable for its ability to maintain **continuous performance at temperatures below -56°F**, addressing a key limitation of conventional heat pumps in cold climates.  **[1096275_094c793fbb8f40efb4fb3a17edc71661_0]** 
- This collaboration will focus on preliminary energy savings and technology analyses, aiming to quantify household cost reductions and establish a roadmap for market adoption, particularly targeting the **60% of North American homes** dependent on fossil fuels.  **[1096275_094c793fbb8f40efb4fb3a17edc71661_0]** 
- The global heat pump market is projected to exceed **$135 billion by 2030**, and this technology is seen as a catalyst for Worksport's growth and potential new revenue streams.  **[1096275_094c793fbb8f40efb4fb3a17edc71661_1]**

Worksport's Terravis Energy Collaborates with NREL on ZeroFrost™ Heat Pump Analysis in Alaska

- Worksport Ltd.'s subsidiary, **Terravis Energy**, has been selected for a Competitive NTAP Award to analyze its **_AetherLux™ Pro_ heat pump with ZeroFrost™ technology** in Alaska.  **[1096275_0001493152-25-017024_ex99-1.htm:0]** 
- This collaboration involves **NREL**, a U.S. Department of Energy national laboratory, and will focus on preliminary energy savings and technology analyses for cold-climate heating.  **[1096275_0001493152-25-017024_ex99-1.htm:0]** 
- The **ZeroFrost™ technology** is designed to eliminate defrost cycles and has demonstrated continuous performance at temperatures **below -56°F**, addressing a significant barrier for heat pump adoption in northern regions.  **[1096275_0001493152-25-017024_ex99-1.htm:0]** 
- The global heat pump market is projected to exceed **$135 billion by 2030**, and this project aims to accelerate market adoption and potentially open new revenue streams for Worksport.  **[1096275_0001493152-25-017024_ex99-1.htm:0]**

Worksport Subsidiary Terravis Energy Selected for NTAP Award to Analyze Heat Pump Technology

- Worksport Ltd. reported a **42% increase** in its active dealer network in one quarter, expanding to **266** partners as of September 2025.  **[1096275_0001493152-25-016187_ex99-1.htm:0]** 
- B2B revenue has grown at a **25% geometric average rate per month** since the start of 2025, with **August** recording the highest B2B sales in the company's history.  **[1096275_0001493152-25-016187_ex99-1.htm:0]** 
- Gross margins have significantly expanded, climbing from **11% in Q4 2024** to **18% in Q1 2025**, **26% in Q2**, and a record **31% in July**.  **[1096275_0001493152-25-016187_ex99-1.htm:0]** 
- The company confirmed the upcoming launch of its **SOLIS Solar Tonneau Cover** and **COR Portable Energy System** in late Q4 2025, alongside new tonneau cover models.  **[1096275_0001493152-25-016187_ex99-1.htm:0]**

Worksport Reports Surge in B2B Sales and Dealer Network Expansion

- Worksport anticipates **Q3 2025 to be a record quarter**, with **gross margins exceeding 30%**, following an **83% sequential revenue increase in Q2 2025**.  **[1096275_0001493152-25-014560_ex99-1.htm:0]** 
- The **SOLIS Solar Tonneau Cover** and **COR Portable Energy System** are scheduled for commercial launch in **late Q4 2025**, with a projected **$2-3 million in potential revenue in 2025** and **8-figure growth potential in 2026**.  **[1096275_0001493152-25-014560_ex99-1.htm:0]** **[1096275_0001493152-25-014560_ex99-1.htm:1]** 
- The company is exploring **strategic distribution facility expansions** in the U.S. to **lower shipping times and costs** for its rapidly expanding B2C business.  **[1096275_0001493152-25-014560_ex99-1.htm:1]** 
- Worksport's subsidiary, Terravis Energy, is advancing its AetherLux ZeroFrost Heat Pump program, initiating **third-party validation** and targeting a launch in **mid-2026**.  **[1096275_0001493152-25-014560_ex99-1.htm:1]**

Worksport (WKSP)