“Dalrada Technology Spain Partners with JBS Consulting to Revolutionize Energy Efficiency with Innovative Heat Pumps”

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Dalrada Financial Corporation (OTCQB: DFCO) announced today that its climate technology subsidiary, Dalrada Technology Spain, has entered into an agreement with JBS Consulting, a Paris-based distributor, to build and install up to 2,300 commercial-grade, energy-efficient heat pumps over the next five years.

The partnership between Dalrada and JBS Consulting will feature Dalrada’s heat pumps as the centerpiece, providing decarbonized heating and cooling without the burning of fossil fuels. These sustainable energy solutions have the ability to reduce energy consumption by up to 75%, making them an ideal replacement for existing water heaters, steam boilers, chillers, and cooling towers.

The agreement with JBS Consulting marks a significant milestone for Dalrada as it expands its presence in the European market, specifically in France and select neighboring countries. JBS Consulting will be the exclusive distributor of Dalrada heat pumps in this region. The partnership also opens up the potential for Dalrada to establish a building and manufacturing center for its heat pumps in France.

Brian Bonar, CEO and Founder of Dalrada, expressed his excitement about the partnership, stating, “We’re very pleased to be working with JBS Consulting. They have an impressive list of clients and ongoing projects that we know can benefit from our clean energy technology. Our agreement with JBS Consulting will also help us continue to grow our European presence, especially in markets that are ripe for energy sustainability solutions like our heat pumps.”

Jacques Benhamou, Director General of JBS Consulting, echoed Bonar’s sentiment, saying, “Collaborating with our partner, Dalrada Technology Spain, will allow us to bring our clients the very best that advanced climate technology has to offer. Dalrada’s heat pumps represent an industry-leading energy solution and we’re excited to bring these machines to industries that need them, not only here in France, but abroad as well.”

Under the agreement, JBS Consulting plans to install at least 150 heat pumps within the first year, with an increasing number of machines installed each subsequent year. By the fifth year of the partnership, JBS Consulting aims to have up to 800 heat pumps installed and operational.

To solidify the partnership, Dalrada’s climate technology team and representatives from JBS Consulting will meet in late September to discuss the project in detail. They will create an official schedule for building, shipping, and installing the heat pumps for JBS Consulting’s clients.

This new collaboration with JBS Consulting follows Dalrada’s recent expansion efforts in Morocco, where the company has established a presence and reached an agreement with a global distributor to build and install up to 4,500 heat pumps. These developments in France and Morocco highlight Dalrada’s ongoing mission to deliver clean energy technology and improved sustainability worldwide.

Dalrada Technology Spain, a wholly-owned technology subsidiary of Dalrada Corporation, specializes in bringing clean energy technology to Europe and surrounding regions. The company offers a range of upgraded tools, machinery, and services, including heat pumps, HVAC systems, and modern air conditioning.

Dalrada Technology Spain prioritizes customer service and collaboration with clients to develop tailored solutions that optimize energy resources and reduce environmental impact. The company is committed to fighting climate change and reducing CO2 emissions by creating innovative technology solutions for renewable energies.

As Dalrada expands its operations globally, it remains dedicated to its vision of driving innovation and delivering solutions that positively impact people, businesses, and the planet. The company has a diverse portfolio of climate technology, clean energy, and precision manufacturing companies, all of which contribute to a more sustainable and prosperous future.

With subsidiaries and strategic partners operating in the United States, the United Kingdom, Malaysia, Spain, India, and Morocco, Dalrada is well-positioned to address economic, environmental, and efficiency challenges faced by public, government, and private sector organizations. By developing advanced technologies, products, and services, Dalrada enables its clients to achieve significant energy cost savings and contribute to a more sustainable world.

For more information about Dalrada Technology Spain and its clean energy solutions, visit www.dalradatechnologyspain.com. To learn more about Dalrada Corporation and its mission, visit www.dalrada.com. Stay updated on Dalrada’s latest news by following the company on LinkedIn, Facebook, and Twitter.

Disclaimer: This press release contains forward-looking statements that are subject to risks and uncertainties. Actual results, events, or performance may differ materially from those projected in these statements. Factors that may impact the company’s success include its ability to obtain financing, meet operational milestones, expand marketing arrangements, and obtain regulatory approvals in international markets. The company undertakes no obligation to 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 statements. Additional factors that may impact the company’s success can be found in its most recent filings with the US Securities and Exchange Commission.