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Workhorse and RHAELM Sign $10M Agreement for TerraPod AI Infrastructure Manufacturing

·2026.10.30 05:21

Key point

The deal includes a non-binding intent to supply 150 TerraPod systems by December 31, 2026.

Details

  • Workhorse and RHAELM signed a Manufacturing Spec Unit Purchase Agreement for $10 million to build a full-scale TerraPod manufacturing spec unit.
  • The spec unit will be manufactured at Workhorse's Union City, Indiana facility.
  • A non-binding Letter of Intent outlines a path to a definitive Supply Agreement with a first order provision for 150 TerraPod systems.
  • The companies target execution of the Supply Agreement by December 31, 2026.
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