Interactive Strength Inc. Secures Landmark Wattbike Order from US Distributor

Interactive Strength Inc. (Nasdaq: TRNR) has announced a record order of over 480 Wattbikes from US distributor Woodway, valued at more than $1M. This order includes the new Air Pro and Atom X models, highlighting the expansion opportunities in the US market following the company's recent acquisition of UK-based Wattbike.

Wattbikes, known for their use by professional sports teams and fitness facilities globally, have established strong presence in over 3,000 UK gyms. However, with only a few hundred currently in the US, this order represents a significant growth opportunity.

The order underscores TRNR's strategic moves in international acquisitions and the diversification of its product portfolio, offering specialized equipment with well-established brands. This expansion aligns with their commitment to penetrating consumer markets and enhancing their training app to bolster their US presence.