Dalrada Assembles Clean Energy Advisory Board, Former Secretary of the Interior, Ryan Zinke, Joins as Advisor

Rhea-AI Summary

Dalrada Corporation (DFCO) has established a Clean Energy Advisory Board, featuring significant leaders in climate and business, including former U.S. Secretary of the Interior, Ryan Zinke. The board aims to forge strategic alliances for sustainable development and responsible environmental policies. Zinke emphasizes the importance of energy-efficient technologies that reduce carbon footprints. Dalrada's innovative low-carbon heating and cooling technology utilizes supercritical CO2, aiming to enhance energy efficiency while minimizing emissions.

Positive

• Formation of the Clean Energy Advisory Board could enhance Dalrada's strategic partnerships and market position.
• Ryan Zinke's involvement may attract attention and credibility to Dalrada's sustainability efforts.
• Dalrada's low-carbon technology positions the company favorably in the growing clean energy market.

Negative

• Dependence on new partnerships for growth may pose risks if alliances do not materialize as expected.
• The company's future revenues are uncertain due to reliance on market demand and regulatory approvals.

SAN DIEGO--(BUSINESS WIRE)-- Dalrada Corporation (OTCQB: DFCO, “Dalrada”) is pleased to announce its Clean Energy Advisory Board composed of distinguished climate and business leaders. The advisory group is forming strategic alliances that support and enable an effective balance between responsible environmental policies and sustainable development. Former U.S. Secretary of the Interior, Ryan Zinke, is the first member of the Dalrada Clean Energy Advisory Board.

Brian Bonar, Dalrada’s Chairman and CEO, states, “We are delighted that Secretary Zinke has joined the Dalrada Clean Energy Advisory Board. He cares about new job creation, improving environmental sustainability, and the technology that supports energy efficiency and emissions reduction. Dalrada’s energy-efficient solutions pave the way towards that goal.”

Ryan Zinke shares, “It is exciting when a technology advances energy efficiency and reduces the carbon footprint. Dalrada wins at both. Protecting the environment and stimulating the economy in a balanced way leads to sustainable development. Climate change is important. We must address greenhouse emissions through efficient technologies. Dalrada brings innovative solutions to accomplish this goal. Every year, billions of dollars of low-grade energy is discharged into the atmosphere without recovery.” Zinke continues, “Dalrada turns the balance in favor of the environment by maximizing energy efficiency. Focusing on solutions, we encourage dialogue on sustainability on both sides. Conservation and energy efficiency will get us there.”

Transparency and accountability are topics that the Dalrada Clean Energy Advisory Board tackles. Jose Arrieta, former Chief Information Officer at the Department of Health and Human Services and Dalrada Board member, shares, “Information Technology plays a vital role with the accounting of net-zero goals, supply chain tracking, and measuring emission data. Net-zero data tracking and reporting systems that leverage IoT devices are in development.”

Dalrada’s disruptive low-carbon heating & cooling technology that uses supercritical carbon dioxide (CO₂) in a leakproof system is powered by either traditional or renewable energy and recycles waste energy. Systems can easily be installed in boiler houses, plant rooms, rooftops, and outside in mobile energy centers to provide instant energy and carbon emission savings. These solutions produce hot water, low-pressure steam, hot air with chilled water, or cooling utilities.

The Hon. Bijan Kian, Former U.S. cabinet member and Dalrada Board of Directors member, also takes part in Dalrada’s Clean Energy Advisory Board. Kian emphasizes the importance of reducing emissions with no sacrifice to jobs or the environment in the process.

“Environment and development are key to responsible growth with sustainability,” Kian states. “Reducing greenhouse gas emissions now is vital. It is also important to encourage dialogue with industry and business leaders about forming alliances, identifying resources, and creating ways to achieve sustainability that improve the quality of life.”

Dalrada’s industrial, commercial, and consumer innovations conserve energy, decarbonize heat, save cost, and care for the environment.

Stuart Cox, Dalrada’s Chief Engineering Officer, states, “Dalrada’s Likido^® CO₂ high-temperature heat pumps overcome many of the problems associated with freon-based heat pumps by operating at the same temperatures as existing heating and cooling systems, making their deployment very easy.”

Cox adds, “The market response to Dalrada’s energy innovations is encouraging. Customer interest increased since the economy has woken up after COVID-19 lockdowns ended in June in the U.K. This will increase further as our partners in Spain and Texas expand manufacturing capacity for the E.U. and USA, respectively, from 2021.”

Dalrada continuously builds on its core practices of engineering, life sciences, and technology while operating under the tenet of bringing innovative products and services to a complex new world. The Company’s subsidiaries are responding with alternative solutions that are affordable, available, accessible, and impactful.

For more information on Dalrada and its subsidiaries, visit www.dalrada.com.

About Dalrada (DFCO)

With perseverance, valor, dedication, and vision, Dalrada Corporation is dedicated to tackling worldwide challenges of today and tomorrow.

Dalrada is a global company that operates under the tenet of creating impactful innovations that matter for the world. The Company works continually to produce disruptive solutions that bridge the gap of accessibility and accelerate positive change for current and future generations.

Established in 1982, the Company has since grown its footprint to include the business divisions: Dalrada Health, Dalrada Precision, and Dalrada Technologies. Each of Dalrada’s subsidiaries actively produces affordable and accessible world-class solutions to global problems. For more information, please visit www.dalrada.com.

Disclaimer

Statements in this press release that are not historical facts, the statements are forward-looking, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors and will be dependent upon a variety of factors including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211018005188/en/

Denise Mahaffey

858.283.1253

inquiries@dalrada.com

Source: Dalrada

FAQ

What is the purpose of Dalrada's Clean Energy Advisory Board?

The board aims to create strategic alliances that balance responsible environmental policies with sustainable development.

Who is a notable member of the Clean Energy Advisory Board at Dalrada?

Ryan Zinke, former U.S. Secretary of the Interior, is the first member of the board.

How does Dalrada's technology contribute to sustainability?

Dalrada's low-carbon heating and cooling technology utilizes supercritical CO2, enhancing energy efficiency and reducing emissions.

What challenges might Dalrada face following the formation of the advisory board?

Dalrada may face risks related to the successful formation of strategic alliances and uncertainty around future market demand.