Workhorse lands $10M TerraPod deal with RHAELM, targeting 150-unit first order
Poka-yoke1 · reddit · 2026-10-30
Workhorse is entering the modular AI infrastructure market via a Manufacturing Spec Unit Purchase Agreement with UK-based RHAELM: RHAELM will pay $10 million for Workhorse to build a full-scale TerraPod manufacturing spec unit at its Union City, Indiana facility.
The companies also signed a non-binding LOI outlining a definitive Supply Agreement that includes a first order provision for 150 TerraPod systems, targeted for execution by December 31, 2026.
More from Venture
- Intel data center revenue jumps 78% to $7.3bn, strongest growth in 15 years — BenBajarin · 2026-10-30
- Amazon discloses over $77B in Q3 capex on AI infrastructure, far above Wall Street expectations — Polymarket · 2026-10-30
- Oracle rallies after telling investors its AI bet will pay off sooner than expected — nordicinst · 2026-10-30
- Amazon misses on sales and EPS as AWS grows 39.3% but falls short of buy-side bar — Kr00ney · 2026-10-30
- Auni Debuts an AI Agent That Builds and Autonomously Manages Conviction Portfolios — jarrodwatts · 2026-10-30
- Amazon sheds $315B in after-hours as Q3 earnings miss, X users meme Anthropic fleeing — teodorio · 2026-10-30