ESCONDIDO, CA / ACCESS Newswire / April 2, 2026 / Dalrada Technology Group, Inc. ( DHTI ) (the "Company" or "Dalrada") (OTCID:DHTI), a leader in advanced climate technology solutions, announces that its wholly owned subsidiary, Dalrada Climate Technology, Inc. has entered into a contractual agreement with a world class national laboratory. The new contract will be in support of the development of a highly sophisticated engineering design for an ultra-high temperature heat pump system capable of delivering industrial process heat at temperatures over 150°C.

"This contract highlights the importance of advancing next-generation heat pump technologies and Dalrada's ( DHTI ) role in the future of industrial energy systems," stated Brian Bonar, Dalrada's ( DHTI ) Chairman and CEO. Mr. Bonar continued, "We believe this represents a significant milestone for Dalrada ( DHTI ) and reflects our steadfast commitment in advancing our climate technologies. Working with the leading US research facilities we believe not only validates our technologies but also supports Dalrada's ( DHTI ) position in advancing high-efficiency thermal solutions that contribute to domestic and international technological leadership and innovation."

Current research in high-temperature heat pumps typically focuses on systems capable of delivering heat between 80°C and 120°C, which can support industrial applications such as food and beverage processing, pulp and paper production, and other low- to medium-temperature manufacturing processes. However, many industrial operations require significantly higher temperatures that remain difficult to achieve with conventional heat pump technologies.

Addressing this gap, Dalrada ( DHTI ) is seeking to play a key role in the development of an ultra-high temperature heat pump system capable of delivering industrial process heat at temperatures between approximately 150°C and 200°C. The contract will support preparation of detailed engineering design to validate system performance, estimate the cost and timeline for prototype fabrication.

According to Grand View Research, the U.S. commercial heating equipment market size was estimated at just over USD $7.8 billion in 2024 and is projected to reach approximately USD $15.1 billion by 2033, growing at a CAGR of 7.7% from 2025 to 2033. The heat pump segment accounted for a share of 34.9% in 2024 and is expected to grow at a considerable CAGR of 9.0% from 2025 to 2033 in terms of revenue, in the United States alone. BCC Research reports that the global market for heat pumps alone was valued at $88.4 billion in 2024 and is estimated to reach $134.8 billion by 2030, at a compound annual growth rate (CAGR) of 7.7% from 2025 through 2030.

For more information about Dalrada Technology Group, Inc. ( DHTI ), 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 ( DHTI )

Dalrada Technology Group, Inc. ( 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 ( DHTI ) 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 ( DHTI ) seeks to accelerate innovation, advance sustainability, and deliver long-term value for its shareholders.

Follow Dalrada ( DHTI ) on LinkedIn, Facebook, X/Twitter, and YouTube Channel.

Contact: [email protected]

FORWARD-LOOKING STATEMENTS CAUTIONARY NOTICE

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 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