Workhorse Secures $10 Million RHAELM Contract to Build TerraPod Reference Unit

Bitget2026/10/29 20:03

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Workhorse signed a $10 million agreement with RHAELM to build a full-scale TerraPod modular data center reference unit.
A separate nonbinding letter of intent contemplates an initial order for 150 TerraPod systems, subject to platform acceptance, definitive agreements and approvals.
The companies target signing the definitive supply agreement by December 31, 2026.
Production could begin in late 2027 or early 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Workhorse Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610291601PRIMZONEFULLFEED9856530) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Workhorse Secures $10 Million RHAELM Contract to Build TerraPod Reference Unit

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