Company: WKSP
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000850
Chunk: 92

Company: Worksport Ltd
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 92
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 is estimated to provide 5.6 additional miles of
range to an electric pickup truck per day.

Worksport
COR

The
COR or COR ESS (energy storage system) is a modular, portable power station uniquely designed to mount to the inside of a pickup truck
bed and enable battery swapping without an immediate drop in power output. The COR built-in inverter with an output voltage of 120V AC
(frequency of 60Hz) is capable of powering loads up to 3000W. Combined with its modular 48V batteries, it can store up to 6kWh of energy
on the go. Each additional modular battery adds 1.5kWh of energy storage. The COR main battery, a Lithium battery, boasts a capacity
of 1534Wh while its Hot Swap Nickel Manganese Cobalt (NMC) battery has a capacity of around 200Wh. The system allows Bluetooth connection
for monitoring and controlling the COR system and its external batteries.

Not
only does the COR system allow users to swap a depleted battery for a fully charged one, but it does so without a drop in power output
for up to 15 seconds with a load of 3000W. This unique feature allows the COR system to be used in a variety of applications, including
but not limited to sporting and outdoor activities, disaster relief and general emergencies, and vocational activities ranging from contractor
to drone operator. While the COR system is designed to nicely complement the SOLIS tonneau cover, it will be purchasable as a standalone
product – allowing consumers to utilize stored energy, whether captured via grid or grid-independent energy sources, anywhere.
As Worksport’s first step into the energy storage market, the COR system is Worksport’s pioneer product within its future
COR platform.

9

AetherLux
Heat Pump

The
AetherLux Heat Pump is engineered for extreme cold climates, outperforming conventional systems with its ZeroFrost technology. Unlike
traditional heat pumps that struggle in subzero temperatures, AetherLux maintains high efficiency even at -56.9°F (-49.4°C),
delivering consistent indoor heating up to 85.9°F ((30C) without requiring defrost cycles. This breakthrough eliminates energy-wasting
recovery periods, ensuring continuous performance while reducing overall energy consumption. By optimizing heat transfer and utilizing
AI-driven system adjustments, the heat pump adapts dynamically to environmental conditions, maximizing output while minimizing power
usage.

The
system’s