Dalrada Corporation Bolsters Clean Energy Efforts, Creates New Energy Services Division

Rhea-AI Summary

Dalrada Corporation (OTCQB: DFCO) announces the launch of its new division, Dalrada Energy Services, aimed at providing comprehensive energy solutions amid a global push for sustainability. The division is designed to help businesses meet energy-saving goals and comply with increasing regulatory demands on environmental practices. The formation of the Dalrada Clean Energy Advisory Board is also confirmed, featuring experts in sustainability and technology. The company aims to leverage its clean energy subsidiary, Likido®, to enhance energy efficiency.

Positive

• Launch of Dalrada Energy Services to meet growing sustainability demands.
• Formation of the Dalrada Clean Energy Advisory Board for expert guidance.
• Utilization of Likido® technology for energy efficiency improvements.

Negative

• None.

SAN DIEGO--(BUSINESS WIRE)-- Dalrada Corporation (OTCQB: DFCO, "Dalrada") formally announces the creation of its newest division, Dalrada Energy Services. At a time when sweeping clean energy initiatives and sustainability efforts are taking hold across the globe, the announcement also comes during the Company’s longest period of financial growth and expansion.

Dalrada Energy Services will provide end-to-end comprehensive energy service solutions in a robust commercial capacity. These solutions will address unmet energy savings for clients and aid in the growing needs of conducting business in an environmentally-friendly fashion while correcting potential issues to maximize energy-saving and cost-saving efforts.

In response to the worldwide trend of mitigating environmental impacts caused by carbon and other harmful emissions, business leaders in every market are establishing ethical energy objectives by adopting Environmental, Social, and Governance measures (ESG). These objectives also address upcoming laws and mandates that require businesses to create and adhere to their own sustainability plans.

Brian Bonar, Dalrada’s CEO and Founder, states, “We are proud to offer a viable solution to businesses everywhere to help them meet the unique challenges of reducing their carbon footprint. As a company, Dalrada is committed, long term, to producing advanced technology that fuels the future of clean energy while furthering environmental stewardship.”

Along with the announcement of the new Clean Energy division is the formation of the Dalrada Clean Energy Advisory Board, a team of prominent community leaders in the fields of climate, business, technology, and environmental sustainability. The Advisory Board’s combined experience will provide evidence-based dialogue to shape effective balance with responsible net-zero initiatives and the future of clean energy. The new board is now comprised of:

• Bill Davidson, Technology and Business Strategy
• Ted Reguly, Energy Compliance and Technology
• Charles Tang, Technology and Artificial Intelligence
• Anthony Zolezzi, Sustainability and Technology

Dalrada’s current Board of Directors will spearhead the new Clean Energy Advisory Board initiative, led by members Brian Bonar (Dalrada CEO and Chairman); Jose Arrieta (Disruptive Emerging Technologies); Tom Giles (Technology and Clean Energy); and Vincent Monteparte (Venture Capital and Investment Banking).

Likido®, Dalrada’s clean energy subsidiary, represents a natural fit within the newly-created Energy Services division by delivering proprietary, disruptive low-carbon heating and cooling technology and independent power generation to help achieve renewable energy efficiencies.

Dalrada continuously creates innovative, impactful solutions to address the complex challenges of today and the future. More information about Dalrada Energy Services will be available soon at www.DalradaEnergy.com. To learn more about Dalrada Corporation, please 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 regarding 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 US 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/20220224005499/en/

Denise Mahaffey

858.283.1253

inquiries@dalrada.com

Source: Dalrada Corporation

FAQ

What is the purpose of Dalrada Energy Services?

Dalrada Energy Services aims to provide comprehensive energy solutions that address energy savings and environmental compliance for businesses.

Who leads the Dalrada Clean Energy Advisory Board?

The Dalrada Clean Energy Advisory Board is led by Brian Bonar, Dalrada's CEO, along with other influential experts in technology and sustainability.

What technology does Likido® offer?

Likido® delivers proprietary low-carbon heating and cooling technology, helping businesses achieve renewable energy efficiencies.

How does Dalrada Corporation plan to tackle environmental challenges?

Dalrada Corporation is committed to producing advanced technology to reduce carbon footprints and enhance environmental stewardship.

What stock symbol represents Dalrada Corporation?

Dalrada Corporation is represented by the stock symbol DFCO.