Averett University and Dalrada Corporation Team Up For a Sustainable and Digitally Advanced Future

Posted on September 15th, 2022 by Travis Dix

Virginia-based university will become the first American institute of higher learning to create personalized Web 3.0 capabilities while committing to sustainable energy outcomes

In a major effort toward sustainability and creating an immersive learning experience for its students, Averett University announced today that it will partner with Dalrada Financial Corporation (OTCQB: DFCO, “Dalrada”) to drive significant reduction in carbon emissions and deliver savings on energy costs, while taking the university into the metaverse.

Dalrada Energy Services, a division of Dalrada Corporation, will facilitate Averett’s goal of designing a next-generation campus experience that uses cutting-edge technology and tools that enable the metaverse, powered by Web 3.0 partner, imagineeer. This will include student ownership of digital assets and personalized artificial intelligence, as well as learning and understanding the impacts of digital currency.

Plans surrounding sustainability include taking steps toward achieving carbon neutrality using Dalrada’s innovative technology, including the company’s Likido™ONE heat pumps. The proprietary technology will be paired with digital twining capabilities in the metaverse along with other measures that will optimize energy use across the campus. This will revolutionize the scale and speed at which more sustainable practices can be adopted.

These highly efficient energy resources and Web 3.0 solutions will save Averett up to 20 percent in energy costs, while decreasing its carbon footprint to help reach Net Zero goals faster. The university will capture activity data and project future energy usage.

“Partnering with Dalrada allows us to set the sustainability bar for colleges across the country and ensures that we are fostering an educational environment designed to propel our students into the digital future,” said Averett President Dr. Tiffany M. Franks. “Like never before, we will be providing students with the tools they need to be successful after graduation and preparing them for the jobs of the future that we can’t even yet imagine. Thanks to the immense generosity and ingenuity of our distinguished partners, Averett is leading the way for what campuses will look like in the next 10 years.”

Timelines for implementation on Averett’s campuses are underway, and additional partners within the Dalrada ecosystem will be enlisted as projects begin.

“Working with a community leader like Averett University to help them achieve educational goals is exciting and we look forward to developing a program that takes a head-on approach to tackling global challenges while driving real change that fosters sustainability,” said Brian Bonar, Chairman and CEO of Dalrada Financial Corporation.

Averett continues to be a forward-thinking leader in education by creating new and exciting learning experiences that will shape solutions and fulfill workforce needs of the future.


About Averett University
Since 1859, Averett University has grown and developed into a dynamic institution that serves students of all ages, offering more than 40 undergraduate majors with a number of concentrations and minors, along with 12 graduate programs in several concentrations. Dedicated to preparing students to serve and lead as catalysts for positive change, the University’s historic main campus is embedded in the heart of Southern Virginia with regional learning centers throughout Virginia and online. Averett enrolls a diverse student body and boasts an alumni network that spans the globe.

At Averett University, we are altogether different. We know that relationships fuel futures, which explains our unmistakable family atmosphere. On campus or online, Averett students feel a sense of true belonging. Through relentless support and unwavering dedication, we equip our students with the skills for a lifetime of success. Knowing that personal growth and community well-being go hand-in-hand, we serve others with confidence and distinction, and with a more than 160-year legacy, our influence is far-reaching in the world around us. This is all Averett.

Visit www.averett.edu and follow us on Facebook, Instagram, Twitter and LinkedIn for more info.

About Dalrada Financial Corporation
Dalrada Financial Corporation drives innovation that positively impacts people, businesses, and the planet. With subsidiaries that are firmly positioned in the world’s top-growing industries of healthcare, energy, precision manufacturing, and technology, Dalrada creates solutions that are sustainable, affordable, and accessible.

The company works continually to produce disruptive products and services that accelerate positive change for current and future generations. Dalrada’s global solutions directly address climate change, post-pandemic gaps in the healthcare industry, and technology solutions for a new era of human behavior and interaction, ensuring a bright future for the world around us.

Established in 1982, Dalrada has since grown its footprint to include the unique business divisions: Dalrada Health, Dalrada Precision Manufacturing, Dalrada Energy Solutions, and Dalrada Technologies. For more information, please visit www.dalrada.com, and follow us on Twitter, Facebook, and LinkedIn.

Statements in this press release are not historical facts. The statements are forward-looking, 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 regarding 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 US Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.