Workhorse Secures $10 Million RHAELM Contract to Build TerraPod Reference Unit
Workhorse signed a $10 million RHAELM contract to build a TerraPod reference unit.
Story updates
08:10:57 PM UTC
SquawkNews
Initial Agreement to develop a full-scale TerraPod manufacturing spec unitWorkhorse partners with Rhaelm to Jointly Commercialize TerraPod, its Modular Data Center PlatformInitial Agreement to develop a full-scale TerraPod manufacturing spec unitNon-Binding LOI to further expand the partnership, in…
08:29:50 PM UTC
SquawkNews
Workhorse will receive $10 million from Rhaelm in three installments to build a full-scale TerraPod manufacturing spec unit at its Union City, Indiana facility. The companies also signed a non-binding letter of intent to pursue a supply agreement, targeted for completion by December 31, 2026, that…