Workhorse Group reported Q1 2026 revenue of $4.3 million, up from $1.1 million in Q1 2025, and delivered 21 vehicles compared to 5 last year. The company secured a 100-vehicle order from Gateway Fleets, adding to a backlog of over 200 vehicles including Purolator's order. Workhorse launched a new 140 kWh battery version and promotional pricing on the 210 kWh model to boost sales. They are on track to achieve $20 million in annual cost synergies by year-end and have completed facility consolidation in Indiana. The company is also developing a new modular chassis and cab chassis for medium-duty trucks, aiming to start production in early 2027. Despite a net loss of $19.9 million in Q1, Workhorse is focused on reducing costs and expanding its electric vehicle market presence.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
