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Associated Environmental Systems Issued Patent for ATPPRIME

AES

Associated Environmental Systems, a leading manufacturer of environmental test chambers and battery test fixtures, has been issued a patent for ATPPRIME, a system for the high density testing of batteries within an environmental test chamber. First introduced in 2018 as part of the All Test Platform (ATP) series, ATPPRIME enables users to charge and discharge batteries in controlled environments for research, development, and production purposes. “The ATPPRIME patent further advances AES’s differentiation from competition in the industry by setting the standard for cutting-edge battery testing fixtures,” says Michael Shirley, CEO of Associated Environmental Systems. “We are excited to continue innovating testing solutions and can’t wait to share what comes next.” “The issued patent demonstrates AES’s commitment to developing the battery testing industry and continuing innovation in this fast-growing field,” says Brock Kenyon, CTO at Associated Environmental Systems. What Is ATPPRIME? The All Test Platform (ATP) provides a safe and easy way to test batteries within an environmental test chamber. ATPPRIME enables rapid changing of batteries and battery types between tests, and provides the highest density per square foot of environmental test chamber space available for battery testing. ATPPRIME combines multiple components critical for battery testing into a configurable, scalable, safe, high density battery testing platform. The key features of ATPPRIME include the following: The ability to test many battery types in a single fixture. The ability to change from one style of holder to another or support multiple configurations for virtually any cell type: coin, cylindrical, prismatic, pouch, and pack. The integrated Battery Interface Boards (BIB) ensure that precise, strong charge and discharge data signals are transmitted from each cell to the user’s battery cycler. Easy-access sliding shelves that provide safe battery insertion into the test environment with no external disconnect required. Up to four custom-engineered epoxy shelves maintain flat surfaces, distributed airflow, and optimal configuration. About Associated Environmental Systems Associated Environmental Systems has designed and manufactured test chambers and battery testing fixtures that meet organizations’ most demanding requirements for more than 60 years. As society’s reliance on faster-charging, longer-lasting, and higher-performing batteries has increased across a range of industries, AES has developed the All Test Platform to support companies’ battery research, development, and production. The ATP series includes patented ATPPRIME, ATPFLEX (battery testing fixtures that can be added to existing chambers), and patent-pending ATPHEAVY (battery testing fixtures for large format and prismatic cells, capable of testing up to 1000 amps per channel). AES’s extensive customer base spans the fields of aerospace, pharmacology, electronics, automotive, semiconductors, computers, and additional industries around the world. Contact Details Associated Environmental Systems Haylie Batres +1 978-772-0022 Haylie.Batres@associatedenvironmentalsystems.com Company Website https://www.associatedenvironmentalsystems.com

September 08, 2022 11:31 AM Eastern Daylight Time

This Company’s Presence On Amazon, eBay And Walmart Could Help Get Its Affordable Solar Products To Millions Of Americans

Worksport

Unlike fossil fuels worryingly tipped to run out in about five decades, another vital energy source, perched some 150.76 million km away from the earth, will be available for a very long time to serve the world’s energy needs. Experts estimate the sun will be abundant for about five billion years before it runs out of hydrogen - clearly enough time to tap into its rays for clean solar energy. More than ever, many countries are looking up to the sun and other sources to spur humanity’s quest to attain a clean energy future. Growth Of The Industry For years now, renewable energy use has been increasing. It increased 3% in 2020 as demand for all other fuels declined. Accordingly, the share of renewables in global electricity generation jumped to 29% in 2020, up from 27% in 2019. Solar is increasingly playing a key role in the renewable power generation mix. The International Energy Agency (IEA) reports that power generation from solar photovoltaic (PV) in 2020 is estimated to have increased by a record 156 Terawatt-hour (TWh), marking a 23% growth from 2019. Solar PV, the agency added, accounted for 3.1% of global electricity generation, and it remains the third-largest renewable electricity technology behind hydropower and onshore wind after overtaking bioenergy in 2019. But the journey to where the world is now with solar energy has been fascinating. While Tesla Inc. (NASDAQ: TSLA) may have become a household name in the renewable energy space, especially with its electric vehicles (EVs) and Powerwall — which stores electricity for solar self-consumption, General Motors Company (NYSE: GM) seems to have done something interesting much earlier. In 1987, GM grabbed headlines with its GM Sunraycer, which won the first World Solar Challenge. Since then, solar technology and adoption have ballooned, with Tesla now producing solar products, like the solar roof. Tesla is, however, not the only player in the hardware, software, supply and installation in the solar energy chain. Amazon.com Inc. (NASDAQ: AMZN), for example, is an important middleman for solar companies to sell their products. Customers troop Amazon in search of solar products day in and day out. Interestingly, even tech giant Apple Inc. (NASDAQ: AAPL) has created software ‘connected’ to the sun with their Apple Watch Faces ( Solar Dial ). This, among several others, is going a long way to show that solar energy is not always related to just panels. Disrupting The Solar Industry? Another player that could disrupt the industry is Worksport Ltd. (NASDAQ: WKSP). The company, through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, and hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport says it seeks to capitalize on the growing shift of consumer mindsets towards clean energy with its proprietary solar and green hydrogen-based technologies. For some time now, the company reports creating solar covers with battery systems for remote power. The battery systems also help extend the driving range of EV pickup trucks, where before, a benzine motor had to keep running for power. Worksport recently completed a restructuring exercise which resulted in the launch of its eCommerce online platform and storefronts on Amazon, eBay Inc. (NASDAQ: EBAY), and Walmart Walmart Inc. (NYSE: WMT) Marketplace to get its products to more customers. This sales expansion could be pivotal, especially when the U.S. has committed to an ambitious goal to reduce net greenhouse gas emissions by 50-52% below 2005 levels in 2030. The country hopes to achieve this by deploying new technologies like electric vehicles and heat pumps and building the infrastructure for key systems like the national power grid. Worksport could be in a unique position to help achieve this. Worksport Ltd. was founded in 2011 with a passion for making products better, simpler, and more beautiful, bringing innovation to an innovation-less market. Starting as a producer of tonneau covers for pickup trucks in the United States and Canada, Worksport has since evolved to position itself as an innovator in its space. Over the past 5 years, Worksport has been working on its hybrid energy system named TerraVis, a portable solar power generation system capable of forming personal microgrids for pickup trucks. Developing the technology that makes up the TerraVis system is the first step in the Company’s strategy to increase its market share through innovation in the auto forest and clean tech sectors. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Worksport +1 888-554-8789 info@worksport.com

September 08, 2022 09:00 AM Eastern Daylight Time

ASTRO America Funding Opportunity: Advancement of Component Designs for Large-Scale Additive Manufacturing

ASTRO America

The Applied Science & Technology Research Organization of America ( ASTRO America ) will run an industry day, September 20, at Ingersoll Machine Tools in Rockford, IL to connect with developers of ground vehicle systems who are interested in using large-scale metal additive technology. Participants will be briefed on the government sponsored program, view the world’s largest metal additive machine in development before it is installed at the Army’s Rock Island Arsenal Joint Manufacturing & Technology Center (JMTC), and sign-up for one-on-one meetings with program managers. The Industry Day kicks off the first project order under the newly announced $95 million Other Transaction Agreement (OTA) managed by ASTRO to develop additive and advanced manufacturing technologies for the U.S. Army. The OTA is being carried out under the direction of the United States Army Contracting Command – Detroit Arsenal (ACC-DTA) on behalf of the Combat Capabilities Development Command (CCDC) Ground Vehicle Systems Center (GVSC). Project Order 001 focuses on the adoption and implementation of large-scale additive manufacturing for ground vehicle systems through information gathering and sharing, component design and production, and process development. Specific tasks will include the manufacture of prototype parts, documenting of the relevant materials and processes to enable manufacture of parts, and development of a qualification and adoption roadmap, a qualification plan, and an insertion and adoption report. "This Project Order marks an important milestone for both industry and the U.S. Army," said Jason Gorey, Executive Director of ASTRO America. "We look forward to receiving strong participation across the U.S. defense and automotive supply chains. We believe this project has great potential to support the warfighter through critical additive manufacturing innovations at the Army’s Center of Excellence for Advanced and Additive Manufacturing. At our meeting in Rockford, we will discuss funding opportunities for companies – big and small – to design concepts and demonstrate real-world viability of large-scale metal additive manufacturing.” Advance registration is required and space is limited. A virtual attendee option will also be available. The Request for Information and Industry Day details can be found here. Follow ASTRO on Twitter or visit ASTRO’s website for announcements. The Applied Science and Technology Research Organization of America (ASTRO America) is a 501(c)(3) not-for-profit, non-partisan Research Institute and Think Tank. It was established in 2018 to advance the public interest through manufacturing technology and policy. Led by manufacturing professionals with broad public and private sector experience, ASTRO America supports collaborations by government agencies and companies to address supply chain challenges in highly regulated industries, including aerospace and defense. Find out more: https://www.astroa.org/ This effort was sponsored by the U.S. Government under Other Transaction Agreement number W56HZV-22-9-D001 with ASTRO. The U.S. Government is authorized to reproduce and distribute reprints for Governmental purposes notwithstanding any copyright notation herein. The views and conclusions contained herein are those of the authors and should not be interpreted as necessarily representing the official policies or endorsements, either expressed or implied, of the U.S. Government. Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@astroa.org Company Website https://www.astroa.org

September 08, 2022 06:00 AM Eastern Daylight Time

Introducing the GE Safety Helmet with patented technology by Caco America LLC

Caco Abbo Internacional

Caco America LLC a subsidiary of Caco Abbo International, S.A., leader for more than 36 years in the PPE market with sales in more than 35 countries and the exclusive licensee of GE, for the design, manufacturing, and distribution of GE branded personal protective equipment (“PPE”) products for the Americas, is pleased to announce the launch of the GH400 safety helmet with a patented technology at the next NSC show September 2022 in San Diego, CA. Booth 2131. Caco America LLC is committed in bringing the best technologies and designs to the workforce to improve the occupational safety, health, and well-being of workers. The Future of the safety helmet has arrived with the GE branded, safety helmet (part number GH400). In partnership with Koroyd™ Technologies, Caco America has designed one of the lighter, smaller, and more breathable helmets in the industry. The GH400 protective helmet is engineered with the patented Koroyd™ impact-absorbing technology. Its cross-ventilation cooling feature and light weight provide the user with the most comfortable fit in the market. It facilitates the job through an array of accessories available and gives the user a better-looking style due to its lower profile design. Available vented or non-vented. Type 1, Class C, and Class E. Please see the complete GH400 protective helmet brochure here. At the trade show, Caco America will also be presenting the GG244-FUSEFLEX gloves with a patent pending TPR design that has an A5 cut resistant feature as well as an IMPACT 2 protection. The GG244 FUSEFLEX is a foam nitrile patent pending TPR Impact Glove. This glove has the latest in engineering TPR protection to provide flexibility, comfort, and protection all day long. The 18-gauge liner was developed to feel light and thin while providing ANSI cut level 5 protection (A5) due to the components of its fibers. Its black foam nitrile palm coating provides outstanding dexterity, enhanced grip, and touchscreen compatibility. For even more protection, it has a longer cuff and a stitched reinforced crotch thumb. Please see our complete catalog here. About Caco Abbo Caco Abbo Internacional, S.A. was founded in 1986 by Mr Isaac Abbo V and his son Jose M Abbo. In 1992 Joel Abbo joined the company and expanded the development of products and international sales. Today, Caco Abbo International, S.A. is one of the top Import/Export Companies in the Americas with sales in more than 35 countries. www.cacoamerica.com About GE GE (NYSE:GE) rises to the challenge of building a world that works. For more than 125 years, GE has invented the future of industry, and today the company's dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely. GE's people are diverse and dedicated, operating with the highest level of integrity and focus to fulfill GE's mission and deliver for its customers. www.ge.com Contact Details Caco America LLC Isaac Joel Abbo +1 305-512-1150 sales@cacoamerica.com Company Website https://www.geppe.cacoamerica.com/

September 07, 2022 12:46 PM Eastern Daylight Time

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Foresight Collaborates with Leading American EV Manufacturer to Enhance Existing ADAS Systems

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today the signing of a paid joint proof of concept (POC) project with a leading American manufacturer of electric vehicles (EVs). The project consists of the technological evaluation and testing of predefined scenarios. Foresight intends to demonstrate its ability to create 3D stereo perception with software only, using the manufacturer’s existing pair of mono cameras mounted on a large baseline (distance between the cameras). Foresight’s proprietary ScaleCam ™ separated stereo camera solution allows manufacturers to place cameras on a large baseline. This solution increases distance accuracy at long ranges, allows detection of any type of obstacle, and improves the safety and robustness of the manufacturer’s driver assistance system. “We are delighted to collaborate with a major player from the EV industry who chose to evaluate the potential of our software to improve the company’s existing safety systems using a software-only solution,” said Haim Siboni, CEO of Foresight. “We believe that our cost-effective advanced stereo vision technology may be beneficial to electric vehicle manufacturers as they develop more advanced autonomous capabilities, resulting in better distance accuracy and improved active safety features, contributing to a greener and safer future.” Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the paid joint POC project and its intention to demonstrate its ability to create 3D stereo perception using the manufacturer’s existing pair of mono cameras, mounted on a large baseline (distance between the cameras), through the use of software only; its belief that its cost-effective advanced stereo vision technology may be of benefit to electric vehicle manufacturers; and the proposed benefits that may be derived from the use of its products. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

September 07, 2022 08:05 AM Eastern Daylight Time

Volatus Aerospace Corp. Provides Update Related to Its Brokered Private Placement and Short Form Prospectus Offering

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (the “Company” or “Volatus”) is providing a supplementary update in respect of its brokered private placement of units announced by way of press release on August 29, 2022 (the “Brokered Private Placement”). The Brokered Private Placement is intended to accommodate investors in the Province of Quebec as the Prospectus Offering (as defined below) is not applicable in the Province of Quebec. The offerings are made on similar terms as announced previously. The Brokered Private Placement for gross proceeds of up to $500,000 will be conducted in addition to, and on similar terms with, the Company’s proposed marketed public offering of units for gross proceeds of $4,000,032, subject to an over-allotment option (the “Prospectus Offering”), and the Company’s proposed non-brokered private placement of units for gross proceeds of up to $500,000 (the “Non-Brokered Private Placement”), each as previously announced by way of press release on July 25, 2022. The Company received a receipt for the preliminary short form prospectus on July 25, 2022 and expects to receive a receipt for the final short form prospectus in due course. The offerings are subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and any applicable securities regulatory authorities. All securities issued in connection with the Brokered Private Placement and the Non-Brokered Private Placement will be subject to a four-month and one day hold period in Canada. In correction of the August 29, 2022 press release, the Company advises that there is no president's list applicable to the Brokered Private Placement. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, Latin America and most recently in Europe. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSX Venture Exchange (“TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Abhinav Singhvi +1 833-865-2887 abhinav.singhvi@volatusaerospace.com Company Website https://volatusaerospace.com

September 02, 2022 07:30 AM Eastern Daylight Time

Volatus Aerospace to Remotely Fly Multiple Drones in Las Vegas from Canada

Volatus Aerospace Corp.

At the Commercial UAV Expo in Las Vegas, the world’s leading commercial drone trade show and conference, Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") will demonstrate the current capabilities of remotely piloted operations by flying multiple drones from its remote operations center at the Lake Simcoe regional airport in Ontario on Tuesday, September 6 at the Henderson Equestrian Park North during their annual drone demo day. During the 20-minute flight, Richard Podolski, VP of Flight Operations for Volatus Aerospace, will remotely operate the drones from the Volatus Remote Operations Center in Canada including pre-flight authorizations, takeoff, and landing, much in the same way a pilot would operate a drone from the Company’s AERIEPORT nesting station. To meet the requirements of cross-border regulatory compliance, the Company will have FAA certified local pilots at the demonstration site. This demonstration follows the introduction of the AERIEPORT announced by the Company in June of this year and the special flight operations certificate for the remote operation of a drone received by the Company and announced in August of this year. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, Latin America and most recently in Europe. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSX Venture Exchange (“TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

September 01, 2022 07:42 AM Eastern Daylight Time

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The Rise of EV Factories

Worksport Ltd.

There is no arguing that Detroit is the city that has “put the world on wheels,” but EVs are rapidly writing a new chapter in the history of the automobile industry. On their quest for electrification, established automakers like Tesla (NASDAQ: TSLA), General Motors (NYSE: GM) and many more are going full speed ahead as they aim to build EVs in the same locations that they get to sell them, due to their increased weight and transport-related complexities compared to their internal engine counterparts. These challenges are taking them south as it is also more convenient for battery production facilities to be geographically close to avoid supply chain and logistics issues. Most of the money heading south has come in since last year from established automakers such as General Motors, Hyundai and Ford Motors (NYSE: F) who announced last year it will build four factories as part of its gigantic EV push, spending $11.4 billion along with a supplier on three battery factories and a truck plant, resulting in 11,000 new jobs. Volkswagen (OTC: VWAGY) and Nissan Motor Co. Ltd. (OTC: NSANY) also continue to expand their operations in the south, mostly aimed at new EV production. Even EV startup Rivian Automotive Inc. (NASDAQ: RIVN) is expanding with the recent announcement of a new 650,000 square feet expansion that will make its total West Normal factory area exceed 4 million square feet. Not to forget about Tesla with its giga factory in Germany. The southern move and expansion of the Motor City comes with potentially controversial benefits such as all-in lower pay for workers, millions in tax breaks and a largely non-unionized workforce in many of the right-to-work states controlled by Republicans. There are also many challenges such as preservation of historic plantation farms, unearthing of slave burial grounds and opposition from locals who aren’t welcoming to industries that will result in heavier traffic. Meanwhile, an innovator of automotive aftermarket accessories and off-grid energy solutions, Worksport Ltd. (NASDAQ: WKSP) has expanded manufacturing operations by 222,000 square feet with its first North America facility to ensure their quality products reach customers rapidly and cost-effectively. This morning Worksport announced that it appointed a Plant Manager for its West Seneca, NY Manufacturing Facility. The new Worksport facility is a state-of-the-art facility in the Buffalo, NY suburb of Seneca, a monumental step as it allows the Company to establish a strategic presence due to nearby ports and distribution hubs, along with the proximity of the Canadian border. Bringing its production to the U.S. also empowers Worksport means “Made in USA” versions of its patented products, namely the SOLIS solar cover and Terravis Energy grid-connected fast chargers. After two-years of careful planning, Worksport is taking complete control of its production and sales pipelines for all its current and future products. Since the beginning of the year, it added a new facility, developed an eCommerce site and it is expanding its workforce to fulfill that goal. In order to determine how many units of SOLIS, its proprietary solar truck bed tonneau cover, and COR, its portable energy storage nanogrid system, would be needed for initial manufacturing, which is expected to begin in the fourth quarter of the undergoing year at the West Seneca, NY facility, presale efforts were needed. The Company recently announced presales that are expected between US$350,000-$450,000 in unrealized revenue. Pioneering a very large market filled with passion for improving lives and providing help where it’s needed the most, Worksport aims to lead the energy technology revolution. According to its mission, Worksport is here to contribute to a greener world by capitalizing on the growing shift of consumer mindsets towards clean energy with its proprietary solar and green hydrogen-based technologies. Worksport has also joined forces with the Hyundai America Technical Center, Inc. (“HATCI”) to manufacture prototypes of SOLIS and COR for Hyundai automotive products. Together, SOLIS and COR are expected to significantly transform both the internal combustion engine and electric-powered vehicles, as it empowers them to become mobile solar power generation systems capable of forming portable nanogrids, producing and storing power anywhere, anytime. We will see what developments the future will bring, but one thing is for sure, companies around the world from Tesla, GM Volkswagen, Nissan and Worksport are not sitting on their hands. About Worksport Ltd. Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport Ltd. seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. About Terravis Energy, Inc. Terravis Energy, Inc. designs, develops, and manufactures clean, green energy solutions that power lifestyle markets, with each segment of the company feeding into the derivation of the brand itself – Latin for “Earth” and “Force”. The company foresees the future of the electric vehicle markets and sustainable energy markets through multiple lenses. Its Non-Parasitic Electric Vehicle (NPEVTM) fast charging platform which combines ultra-efficient hydrogen fuel cells with solar to create completely carbon-free charge points that can re-energize Battery Electric Vehicles. Its Terravis Nanogrid™ which is designed to power houses and is modular where excess power can be directed toward utilities such as crypto mining. Its Terravis Microgrid™ system, composed of a number of Terravis Nanogrid™ systems, can power data centres and entire communities. Its Terravis Wall-e™ platform is a standalone power backup system for homes in cases of power failures, as well as a “power guardian” that can be used in conjunction with the Terravis Nanogrid™. For additional information, please contact: Steven Obadiah Business Development Manager Worksport Ltd. T: 1-(888) 506-2013 E: investors@worksport.com W: www.worksport.com Forward-Looking Statements The information contained herein may contain “forward‐looking statements.” Forward‐looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. Such statements include, but are not limited to, statements contained in this press release relating to the view of management of the Company concerning its business strategy, an up listing to a national exchange, future operating results and liquidity and capital resources outlook. Forward‐looking statements are based on the Company’s current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company’s actual results may differ materially from those contemplated by the forward‐looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward‐looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward‐looking statements to conform these statements to actual results. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Contact Details Worksport LTD Steven Obadiah +1 888-506-2013 investors@worksport.com Company Website Https://www.worksport.com

August 30, 2022 09:45 AM Eastern Daylight Time

Volatus Aerospace Corp. Announces Record Second Quarter 2022 Sales of $6.6M and Provides Corporate Update

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending June 30, 2022 ("Q2 2022"). The revenue increase in Q2 2022 was driven by strong organic growth, expansion into the defense segment, geographic expansion, and higher services and training revenue. The Company generated revenue of $11,437,421 in the first half of 2022. The first two quarters have seasonality for drone services and training, and the third quarter is expected to be the strongest in these segments. Key Financial Highlights: Revenue for Q2 2022 was $6,629,593, an increase of 38% over the previous quarter and a 95% increase over the same quarter prior year. Gross profit for Q2 2022 was $1,900,920 an increase of $943,968 over the same period in 2021. The increase in gross profit was due to scale in product and services activities. Volatus recorded a comprehensive loss of ($1,626,896). This was due to increased investment in human resources in the defense and integrated solutions segment, and increased advertisement and marketing expenses. The Company has experienced a gross margin of 29% representing an increase of 6% over the first quarter of 2022. Contributing to increased margins are revenue from product diversification, and higher margins from services and training. Notable Operational Accomplishments During the Quarter: Continued delivery of ISR (Intelligence, Surveillance, and Reconnaissance) Drones to Ukraine Addition of several ISR products for defense and public safety The strategic acquisition of Canadian Air National Inc., which performs aerial pipeline inspections Launch of Latin America joint venture Introduction of Volatus AERIEPORT, an autonomous drone nesting station Signed numerous partnerships with OEMs to diversify and commercialize product offerings Announcement of a commercial training agreement with Moose Cree First Nations Appointment of Lt. General (Ret’d) The Honorable Andrew Leslie to the Board of Directors "I am pleased with the continued progress of our team as they continue to execute our plan toward a sustainable and profitable future,” said Glen Lynch, CEO of Volatus Aerospace. “Our investments in the defense and public safety sectors are beginning to gain traction and the introduction of the AERIEPORT and other Volatus technology solutions will help drive higher margin sales in the future.” The condensed consolidated interim financial statements for the three months ended June 30, 2022, and associated management discussion and analysis, are available under the Company's profile on SEDAR at www.sedar.com. This news release is not in any way a substitute for reading those financial statements, including the notes to the financial statements. Webinar In conjunction with this release, Volatus investor relations will host a webinar on Tuesday, August 30 th at 4:30 PM EST at which time Glen Lynch, Chief Executive Officer, and Abhinav Singhvi, Chief Financial Officer, will review the quarterly results and major milestones with Rick Peterson, CEO of Peterson Capital, as moderator. Investors are invited to register for the webinar here. https://us06web.zoom.us/webinar/register/WN_DQE4_KNfR9CdqWJ4CEIkkQ Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website here CORPORATE UPDATE The Brokered Private Placement Volatus is pleased to announce that it has engaged Echelon Wealth Partners Inc. (the “Lead Agent”) and Integral Wealth Securities Limited (“Integral”, and together with the Lead Agent, the “Agents”) on a commercially reasonable best efforts private placement for the sale of up to 1,388,888 units of the Company (the “Units”) in the Province of Quebec at a price of $0.36 per Unit (the “Offering Price”) for aggregate gross proceeds of up to $500,000 (the “Offering”). Each Unit will be comprised of one common share in the capital of the Company (each, a “Common Share”) and one common share purchase warrant (a “Warrant”), with each Warrant being exercisable to acquire one Common Share at a price of $0.50 per share for a period of 24 months following the issuance thereof. The proceeds derived from the sale of the Units will be used for (i) inventory purchases and increasing factory operations; (ii) R&D and capital expenditure, (iii) future acquisitions and (iv) and for working capital and general corporate purposes. In consideration of the services rendered by the Agents in connection with the Offering, the Company has agreed to pay to the Agents on the closing date a commission equal to 8% of the gross proceeds from the Offering. In addition, the Company will issue the Agents warrants (the “Agents’ Warrants”) to acquire that number of Units which is equal to 8.0% of the number of Units sold under the Offering, at an exercise price equal to the Offering Price. The compensation to the Agents on certain subscriptions on a president’s list of up to $500,000 shall be reduced to 3% Cash Commission and 3% Agents’ Warrants. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, Latin America and most recently in Europe. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Abhinav Singhvi +1 833-865-2887 abhinav.singhvi@volatusaerospace.com Company Website https://volatusaerospace.com

August 29, 2022 04:30 PM Eastern Daylight Time

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