Tag Archives: Workhorse

Workhorse Group Submits Formal Application to the FAA for Ty…

Workhorse Group Submits Formal Application to the FAA for Type Certification of its HorseFly™ Delivery Drone CINCINNATI, Oct. 28, 2020 — (PRNewswire) —   Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, …

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Lordstown Motors Paid $12.2M for Workhorse Tech

LORDSTOWN, Ohio – Lordstown Motors Corp. paid Workhorse Group Inc. $12.2 million last year to license the Cincinnati-based electric truck manufacturer’s technology.  The noncash license income was part of the income Workhorse included in its fourth-quarter and 2019 full-year results Tuesday morning.  Under the agreement, which the two companies entered …

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