-
Braves clinch division title as Red Sox reach MLB playoffs
-
Forest fire threatens tourist town in Colombian Andes
-
Bordeaux-Begles hammer Stade Francais despite Jalibert injury
-
Torres on target again as PSG beat 10-man Marseille in Ligue 1
-
Milan and Juventus end blips with home wins
-
Germany's Merz vows to stay course despite new election defeats
-
Bridgeman wins PGA Biltmore title with sizzling 61
-
Carrick demands Man Utd response after 'pathetic' jibes
-
Williams injured as Bears shut down by Vikings
-
Liverpool boss Iraola urges Isak to raise his level
-
US warns of rapid escalation in Middle East war
-
Evenepoel wins record 4th straight world time-trial title
-
Germany's far-right AfD celebrates another state election win
-
France's Macron, Canada's Carney announce closer ties
-
Russia vows revenge for election-day attacks as poll shows ruling party win
-
Carrick defends troubled Man Utd after Fulham escape
-
Spaun late shows snatches PGA Championship win
-
Horror movie 'Resident Evil' tops N. American box office
-
Conceicao strikes as Juventus beat Atalanta
-
Germany's Merz vows to stay course despite new vote losses
-
Britain, Zverev-inspired Germany, Spain complete Davis Cup finals
-
Man City outgun Sunderland despite Brobbey hat-trick, Man Utd rescue Fulham draw
-
Man Utd salvage Fulham draw as pressure mounts on Carrick
-
Mourinho blames ref committee for Real Madrid derby defeat
-
Spanish civil war drama 'The Black Ball' wins at Toronto festival
-
Maresca craves a 1-0 win after eight-goal Man City thriller
-
Germany's Merz shaken by far-right and far-left gains in state votes
-
Atletico Madrid beat Real Madrid in tense derby clash
-
Macron welcomes Canada's Carney to French Atlantic territory
-
Reusser retains world time-trial title
-
Fiorentina frustrate Napoli with Serie A draw, Como upset
-
Man City outgun Sunderland despite Brobbey hat-trick, Liverpool win at Bournemouth
-
Five-star Man City top Premier League after Sunderland thriller
-
Top US, Chinese economic officials meet ahead of Trump-Xi summit
-
Ukrainian drones hit Moscow on last day of Russian elections
-
Erdogan's LGBTQ crackdown 'first step of election campaign': activist
-
Multi-Asset Trading Venue Monochrome Exchange Announces IEO of Its Native Token, $MCR
-
Mass drone barrage on Moscow kills two
-
South Korea break Japan hearts to win Asian Games basketball gold
-
82-year-old dies after beach fight in Greece over sun lounger
-
Acosta takes first victory at Austrian MotoGP
-
US warns of rapid escalation in Mideast war
-
PSG president Nasser al-Khelaifi under investigation in France for conflict of interest
-
Iran 'put hearts on the court' to win Asian Games basketball bronze
-
China swim sensation, 13, sets Games record after Japan win early
-
School girl Yu helps China dominate in Asian Games swimming openers
-
Drones hit Moscow as Russians go to the polls
-
Myanmar win first Asian Games teqball gold as Spain great Puyol watches
-
New England boss Fleming says 'wrong' to ask Stokes to end retirement
-
China's 13-year-old Yu scorches to first major gold at Asian Games
Dalrada Technology Group, Inc. Continues to Build Momentum in Spain with Additional Contract
Expanding Heat Pump Installations Across Spain's Growing Nursing Facility Market
ESCONDIDO, CA / ACCESS Newswire / April 7, 2026 / Dalrada Technology Group, Inc. (the "Company" or "Dalrada") (OTCID:DHTI) today announced that its wholly owned subsidiary, Dalrada Technology Spain S.L., has secured an additional contract, valued at approximately USD $234 thousand, to install Dalrada's high-performance, energy-efficient heat pump systems at a nursing home facility in Ferrol, Spain, strengthening its position within high-demand institutional facilities and expanding its footprint across multiple sites.
Spain's long-term care sector represents a growing infrastructure market, with more than 900 nursing facilities nationwide, according to industry data, including a significant concentration in the Galicia region, where Dalrada is actively operating. Demand for long-term care services continues to increase, supported by demographic trends across Spain, where individuals aged 65 and older account for approximately 20% of the population and are projected to exceed 24% by 2030 according to World Health System Facts, creating a greater need for efficient and reliable building systems across these facilities. This demand is further supported by regulatory frameworks and incentive programs in Spain, including energy saving certificates, which provide financial benefits for reducing energy consumption, help stimulate adoption of the technology, and support the broader energy transition away from fossil-fuel-based heating.
Martin Neill, Dalrada's Chief Growth Officer, commented, "With this agreement, Dalrada's total contracted value in Spain's nursing facility segment is approximately USD $500 thousand, reinforcing our growing presence in this market. Dalrada is continuing to build momentum in Spain by delivering high-performance installations across facilities that require reliable, continuous energy solutions. We are focused on executing successfully, strengthening relationships with regional partners, and expanding our presence across applications where energy efficiency and system performance are critical." Mr. Neill continued, "We remain active on bidding new facilities so along with successful completion of our current installations, our goal is to continue to pursue additional growth in this market."
These developments in Spain align with broader growth across Europe's heating and cooling sector. Industry projections cited by Global Market Insights estimate the European heat pump market-currently valued at approximately $14.2 billion-could grow to approximately $82.6 billion by 2034, representing strong double-digit annual growth and reflecting increasing demand for electrified heating solutions across institutional and commercial applications.
Dalrada's recent activity in Spain reflects the Company's focus on scaling climate technology deployments across healthcare facilities, multi-unit residential buildings, commercial laundries, and food processing operations, where demand for energy-efficient thermal systems continues.
For more information about Dalrada Technology Group, Inc., the Company recommends that stockholders, investors, and any other interested parties read the Company's public filings and press releases available at www.dalrada.com.
About Dalrada Technology Group
Dalrada Technology Group, Inc. (Ticker: DHTI) is a publicly traded, multinational technology company that develops, manufactures, and markets a diverse portfolio of innovative products and services across the Clean Energy and Semiconductor & Electronics sectors.
Dalrada's core segments include Climate Technology, which delivers advanced heat pump systems for industrial, commercial, and residential applications; Semiconductor & Electronics, providing next-generation PVD and CVD deposition systems, modernization for legacy tools, real-time plasma diagnostics, and integrated services and components that support semiconductor manufacturing environments. By integrating these core segments under one unified group, Dalrada Technology Group seeks to accelerate innovation, advance sustainability, and deliver long-term value for its shareholders.
Follow Dalrada on LinkedIn, Facebook, X/Twitter, and YouTube Channel.
Contact: [email protected]
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on current expectations, estimates, and projections about the Company's business and the industries in which it operates, and include, without limitation, statements regarding future growth, operational improvements, market opportunities, product traction, sales, installations, partnerships, cost reductions, profitability, shareholder value, and positioning in renewable energy, heat pumps, atmospheric water generators, and semiconductor markets.
Forward-looking statements are subject to risks, uncertainties, and other factors, many of which are beyond the Company's control and could cause actual results to differ materially from those contemplated by these statements. These risks include, but are not limited to: delays or failures in product development, manufacturing, or commercialization; regulatory changes or delays (including those related to electrification mandates or environmental standards); competition in our various markets including, but not limited to, heat pump and semiconductor markets; supply chain disruptions; customer adoption rates; execution risks in cost-reduction efforts; ability to secure additional orders or scale operations; dependence on key partners; liquidity and capital constraints typical of micro-cap OTC companies; potential need for additional financing; compliance with OTC Markets disclosure requirements; general economic conditions; market and geopolitical conditions; dependence on subcontractors and third-party installers; risks associated with international operations, including currency fluctuations and regulatory compliance in foreign jurisdictions; and the potential impact of the overall Spanish heat pump market growth which remains subject to economic uncertainties; and other risks detailed in the Company's public filings with the SEC and OTC Markets, including the Form 10-K for the year ended June 30, 2025, and subsequent reports.
The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements.
SOURCE: Dalrada Technology Group, Inc.
View the original press release on ACCESS Newswire
Ch.P.Lewis--AT