“Dalrada has always been a company focused on innovative products and services, with a vision to introduce new and unique solutions to local and global markets. We believe the acquisition of Prakat and its seasoned management team will be a great complement to the opportunities Dalrada has already created with its manufacturing, science, healthcare, and engineering product offerings. I am confident that the addition of software engineering, application development, data analytics, artificial intelligence, and their accessibility engineering skillsets will all support our current business challenges and propel us toward future success,” said Brian Bonar, CEO of Dalrada Financial.
According to Prakat CEO, Anu Biswas, “The Prakat team is extremely excited to bring our experience and competency in design and development to Dalrada and provide them with these valuable technology solutions. We have meticulously laid foundations and nurtured relationships for ten-plus years with some of our most important customers – Dalrada included and we’re pleased with this result. Now, with their strong support and new opportunities, we envision expanding our footprint in the U.S. and across the globe.”
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About Dalrada Financial
About Prakat Solutions
Statements in this press release that are not historical facts are forward-looking statements, 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 with regard to 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 U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.