Worksport Partners with NREL to Test Heat Pump

Worksport ( (WKSP) ) has provided an announcement.

On October 6, 2025, Worksport Ltd., through its subsidiary Terravis Energy, announced a collaboration with the U.S. Department of Energy’s NREL to analyze its AetherLux™ Pro heat pump with ZeroFrost™ technology in Alaska. This project aims to evaluate the technology’s efficiency in extreme cold conditions and its potential to reduce household heating costs, addressing the reliance on fossil fuels in North America. The initiative is seen as a significant step towards Worksport’s goal of penetrating the multi-billion-dollar heat pump market, with the potential to redefine cold-climate heating and enhance the company’s market valuation.

The most recent analyst rating on (WKSP) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Worksport stock, see the WKSP Stock Forecast page.

Spark’s Take on WKSP Stock

According to Spark, TipRanks’ AI Analyst, WKSP is a Neutral.

Worksport’s strong revenue growth and strategic initiatives are promising, but profitability challenges and cash flow concerns weigh heavily on the stock’s outlook. Technical indicators are neutral, and valuation metrics reflect ongoing financial struggles.

To see Spark’s full report on WKSP stock, click here.

More about Worksport

Worksport Ltd. (NASDAQ: WKSP) designs, develops, manufactures, and owns intellectual property on tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. The company is involved in the automotive accessories and clean technology sectors, aiming to capitalize on the shift towards clean energy with products like the SOLIS Solar Tonneau Cover and COR Portable Energy System.

Average Trading Volume: 451,862

Technical Sentiment Signal: Sell

Current Market Cap: $22.18M

For an in-depth examination of WKSP stock, go to TipRanks’ Overview page.