Dalrada subsidiaries sign distribution deals for up to 6,800 heat pumps over 7 years

Dalrada Technology Group, Inc.

Crown Glory Holding (Morocco) commits to minimum 4,500 CO2 heat pumps over 7 years, exclusive in Africa.
JBS Consulting (France) commits to minimum 2,300 heat pumps over 5 years.
First year target: 150 units each, installations start October 2023.
Crown Glory must place initial 3-4 units and pay 50% deposit within 15 days to maintain exclusivity.
Long-term exclusivity and pricing depend on meeting annual sales targets.

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