# Dalrada Financial finalizes exclusive distribution deal with Applied Technologies of New York for heat pumps

Dalrada Financial Corporation has finalized an exclusive master distribution agreement with Applied Technologies of New York (ATI) for its heat pump technology. The three-year agreement targets initial sales of 75 units in the first 18 months, escalating to 600 units in the following year.

- Type: Contract
- Announced: 2024-08-20
- Where: major U.S. cities including Boston, New York, Atlanta, Miami, and Chicago, United States
- Status: announced
- Products: heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Dalrada Financial](https://endata.com/companies/43899.md)
- [Applied Technologies of New York](https://endata.com/companies/79282.md) (partner)

## Sources

- [stocktitan.net](https://www.stocktitan.net/news/DFCO/dalrada-financial-corporation-finalizes-exclusive-master-mtlm7xeh1z2w.html), 2024-08-20: "The master distribution agreement with ATI supports Dalrada's ongoing ambitious heat pump manufacturing goals, targeting an initial order of 75 combined (commercial and residential) units in the first 18 months and increasing to 600 combined units in the following 12 months."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.