An innovator in clean energy, healthcare, and technology company, Dalrada Financial Corporation (OTCMKTS:DFCO), on August 18, 2022, announced the appointment of cyber intelligence industry expert, Heather McMahon, to its Clean Energy Advisory Board.
Trading Data
On Thursday, DFCO stock slid 6% to $0.16 with 56K shares, compared to a volume of 117K shares. The stock moved within a range of $0.0470 – 0.0490 after opening trade at $0.0490.
Dalrada Corporation Appoints Heather McMahon to the Dalrada Clean Energy Advisory Board
Data security is critical to the success of clean energy technology and the prevention of cyber attacks on energy infrastructure. Over 53% of Power and utility cybersecurity leaders have concerns about managing threats, especially due to societal impact. Companies are facing extensive threats, including weak links in supply chains and greater vulnerability.
Brian Bonar, Chairman, and CEO of Dalrada said that the protection of energy infrastructure from cybersecurity threats is a key part of ESG. Bonar added that Dalrada welcomes Heather McMahon to the Clean Energy Advisory Board. Bonar also said that expert guidance will give much value to Dalrada.
McMahon has experience of over two decades of directing the U.S. Department of Defense’s national security and counterintelligence efforts.
Key Quote
Brian Bonar, Chairman and CEO of Dalrada states, “Protecting energy infrastructure from cybersecurity threats is a vital component of ESG, as integrating disruptive clean energy technologies adds to network complexity. For this reason, Dalrada welcomes Heather McMahon to the Clean Energy Advisory Board. Her expert guidance provides tremendous value to Dalrada, its clean energy initiatives, and its ESG clients.”
Dalrada Names Jose Arrieta as Chief Strategy Officer of Dalrada Financial Corporation and President of Dalrada Technologies
Dalrada Corporation on July 18, 2022, announced the expansion of the executive leadership team, naming Jose Arrieta as Chief Strategy Officer.
Brian Bonar, Dalrada’s Chairman, and CEO said that Dalrada welcomes Arrieta, having significant industry knowledge. Bonar also said that Jose’s experience will ensure Dalrada Technologies moves forward and improve lives globally. Furthermore, Bonar said that it will help track net-zero data for secure banking, health, insurance, and digital accessibility.
Technical Data
DFCO stock is below the 20-Day and 50-Day Moving averages of $0.200 and $0.27 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.54. The company has a total market capitalization of $11.36 million. The stock is down 78% over the past 6-month.
