Worksport secured a long-term supply agreement with an automotive aftermarket reseller in the U.S. Under this agreement, Worksport is on track to earn an estimated $16,000,000 in annual sales of its advanced hard-folding and soft-folding covers, from this single customer. While estimated sales of $16M are based on the customer’s forecast on an annualized basis, this estimate does not include the customer’s expectations of year-over-year growth in sales. The agreement resulted from samples that were provided to and approved by this customer previously.
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