Transaction expected to lift stockholders’ equity above $9 million and accelerate Keen Labs’ AI-enabled VPP strategyMARLBOROUGH, Mass., Jan. 07, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a constellation of technology-driven businesses powering the modern energy economy, today announced the acquisition of a 40% equity interest in Sun Solar LLC (“Sun Solar”), one of the leading residential and small-commercial solar developers and installers in the ...

MARLBOROUGH, Mass., Dec. 29, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a constellation of technology-driven businesses powering the modern energy economy, today announced that Keen Labs, its AI and technology subsidiary, has introduced the Hi-E™ line of energy storage systems for long-duration and virtual power plant (“VPP”) applications. Developed by Keen Labs, the Hi-E™ line leverages high energy density Lithium Iron Phosphate (LiFePO₄) technol ...

MARLBOROUGH, Mass., Dec. 22, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a constellation of technology-driven businesses powering the modern energy economy, today announced that its Board of Directors has approved, and will be seeking stockholder approval for, an amendment to the Company’s Certificate of Incorporation to authorize a reverse split of the Company’s common stock at a ratio in the range of 1-for-5 to 1-for-50, with the exact ratio to b ...

MARLBOROUGH, Mass., Dec. 17, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), brings together technology-driven businesses powering the modern energy economy, today announced that it has significantly reduced its convertible debt through equity conversions, expanded its roster of capital providers to support growth, and continued to build its technology and infrastructure platform through the strategic acquisitions of Amperics and Geo Impex. Recent acti ...

Core Insights - ConnectM Technology Solutions, Inc. has launched the Hi-C™ line of hybrid energy storage systems through its subsidiary Keen Labs, targeting high-power applications in the modern energy economy [1][2]. Product Overview - The Hi-C™ line utilizes technology from Amperics, acquired by ConnectM in 2025, to address gaps in conventional supercapacitor and battery technologies, delivering power from kilowatts to megawatts in milliseconds for tens of thousands of cycles [2]. - Hi-C™ systems can be configured from 12V to several hundred volts, making them suitable for a variety of industrial and commercial applications [2]. Target Sectors - The Hi-C™ line is designed for high-demand environments, including: - Last-mile and urban transport, supporting high-torque acceleration and regenerative events without stressing primary traction batteries [8]. - Warehouse and industrial equipment, powering hydraulic lifts and automation without performance fade [8]. - Data centers and critical infrastructure, providing instantaneous power support and voltage stabilization [8]. - Commercial and industrial buildings, smoothing power transitions and reducing stress on energy resources [8]. Integration and Features - Each Hi-C™ system integrates with Keen Labs' Energy Intelligent Network, allowing deployment as standalone modules or as part of broader solutions [4]. - The systems offer real-time telemetry and health monitoring, feeding data into ConnectM's analytics and optimization engines [9].

Core Insights - ConnectM Technology Solutions, Inc. has transitioned from a $50 million stockholders' deficit to positive equity, restoring its OTCQB trading status and achieving significant revenue growth in 2025 [1][10][17] Financial Performance - The company reported a 45% year-over-year revenue growth in Q3 2025, reaching $8.7 million, and a 60% increase in year-to-date revenue, totaling $26.2 million [10] - The quarterly net loss improved to approximately $1.0 million despite incurring public company costs and integration expenses [10] Capital Structure and Market Access - ConnectM has retired or exchanged over $10 million of debt and derivative liabilities year-to-date, simplifying its capital structure [10] - The company moved from the OTC Expert Market back to the OTC Pink Market and subsequently uplisted to the OTCQB Venture Market in October 2025 [17] Strategic Initiatives - The establishment of Keen Labs as an AI and technology subsidiary aims to enhance the company's capabilities in energy intelligence [15] - ConnectM has made several strategic acquisitions, including Amperics and Geo Impex & Logistics, to bolster its technology and service offerings [18][19] Future Outlook - The company plans to focus on execution in 2026, prioritizing high-return organic growth, disciplined acquisitions, and improving its capital structure [24]

Core Insights - ConnectM Technology Solutions, Inc. reported an annual organic revenue run rate of $35 million, marking a 54% increase from $22.7 million in 2024, excluding revenue from recent acquisitions [1][4] - The company has achieved a positive stockholders' equity of $750K, a significant recovery from a $50 million deficit following its de-SPAC transaction in July 2024 [1][3] Revenue and Equity Highlights - The current annual organic revenue run rate stands at $35 million, compared to $22.7 million in FY 2024, reflecting a growth trajectory [5] - Stockholders' equity has improved to $750K, representing a turnaround of over $50 million since July 2024 [5][3] - The company has retired or exchanged more than $10 million of legacy debt and derivative liabilities in 2025 [5] Strategic Acquisitions and Growth - ConnectM acquired Amperics, enhancing its capabilities in hybrid battery technology for virtual power plants and AI data centers [6] - The acquisition of Geo Impex & Logistics provides a regulatory-approved site for AI-driven data center and logistics development [6] - The company is expanding its service and energy footprint through previous acquisitions, including Air Temp Service Co. and Cambridge Energy Resources Ltd. [6] Future Outlook - ConnectM aims to continue scaling revenue and margins across its Owned Service Network, Logistics, and Keen Labs technology platforms [9] - The company is focused on reducing liabilities and raising growth capital opportunistically [9] - Ongoing discussions with leading AI hyperscalers and data center partners are in place for potential collaborations and deployments [9]

Core Insights - ConnectM Technology Solutions, Inc. has successfully transitioned from the Expert Market to OTCQB, restored its SEC reporting status, and is experiencing revenue growth while developing its Keen Labs platform in the battery and energy storage sectors [1][2][5]. Group 1: Company Progress - The company has executed its plan post-Nasdaq delisting, focusing on current SEC filings, uplisting to OTCQB, revenue growth, and debt reduction [2][4]. - Management has reported double-digit year-over-year revenue growth in each quarter since the Nasdaq delisting, achieving approximately 60% year-to-date revenue growth through Q3 2025 [5][6]. - ConnectM has retired over $10 million in debt and derivative liabilities in 2025, moving from a stockholders' deficit of approximately $50 million to an estimated positive stockholders' equity of around $0.75 million [8]. Group 2: Strategic Developments - The company launched Keen Labs, focusing on AI, industrial IoT, battery systems, and distributed energy platforms, and has made strategic acquisitions to enhance its technology offerings [8][9]. - Acquisitions include Amperics for hybrid battery technology, Geo Impex for an AI-driven data center site, and Air Temp Service Co. and Cambridge Energy Resources Ltd. to expand HVAC services [8]. - A joint venture, StarConnectM LLP, was formed with Star Engineers in India to develop AI-powered connected vehicle platforms [8]. Group 3: Future Outlook - Near- and medium-term priorities include scaling revenue and margins, continuing to reduce liabilities, integrating recent acquisitions, and pursuing targeted M&A in electrification and AI-driven energy infrastructure [9]. - The company is working with ThinkEquity LLC to refine its capital markets strategy and prepare for a potential uplisting to a major U.S. exchange [9].

Core Insights - ConnectM Technology Solutions, Inc. has announced the formation of a joint venture named StarConnectM LLP, in collaboration with Star Engineers India Pvt. Ltd. This venture aims to develop intelligent connected vehicle products and software-defined vehicle platforms for automotive OEMs [1][2][5] Group 1: Joint Venture Overview - The new entity, StarConnectM LLP, will focus on designing, developing, manufacturing, and scaling intelligent connected vehicle products [2][5] - StarConnectM will enhance Keen Labs' AI-powered Smart Mobility Platform, providing IIoT architecture, edge intelligence, and cloud-connected vehicle analytics [2][5] - The joint venture combines manufacturing excellence from Star Engineers with software-defined mobility technologies from ConnectM and Keen Labs, creating an end-to-end ecosystem [3][5] Group 2: Strategic Importance - The partnership addresses the need for automotive OEMs to have reliable partners for connected vehicle technology and production scaling [4] - StarConnectM aims to redefine the end-user experience by integrating embedded electronics, AI software, and cloud analytics within a trusted industrial framework [4][5] - The initial operations will be based in India, with plans for expansion into select global markets [5] Group 3: Company Backgrounds - Star Engineers India Pvt. Ltd. is recognized for its advanced automotive electronic systems, supplying various components to global OEMs, ensuring scalable production aligned with safety and performance standards [6] - ConnectM Technology Solutions, Inc. operates across multiple segments, delivering AI-powered solutions in electrification, distributed energy, and industrial IoT [7] - Keen Labs, as ConnectM's technology subsidiary, focuses on developing AI-powered industrial IoT and SaaS products for the modern energy economy [8][9]

Core Insights - ConnectM Technology Solutions, Inc. reported strong financial results for Q3 2025, with a 45% increase in revenue compared to Q3 2024, driven by growth in its Owned Service Network and Logistics segments [2][6][9] - The company has focused on simplifying its capital structure, reducing gross debt obligations and derivative overhang by over $10 million, which supports future growth and uplisting efforts [4][9] Financial Performance - Q3 2025 revenue reached approximately $8.7 million, up from approximately $6.0 million in Q3 2024, marking a 45% increase [6] - Year-to-date revenue for the nine months ended September 30, 2025, was approximately $26.2 million, a 60% increase from approximately $16.4 million for the same period in 2024 [6] - Cost of revenue for Q3 2025 increased by 39% to approximately $5.8 million, while selling, general, and administrative expenses rose by 31% to approximately $5.7 million [6] - The net loss for Q3 2025 was approximately $1.0 million, significantly improved from a net loss of approximately $9.9 million in Q3 2024 [6] Balance Sheet and Capital Structure - As of September 30, 2025, cash stood at approximately $2.2 million, with ongoing efforts to generate cash and maintain cost discipline [6] - The company exchanged approximately $3.0 million of outstanding convertible debt, reducing the fair value of convertible debt from approximately $8.5 million at year-end 2024 to approximately $3.8 million by September 30, 2025 [6][9] - Derivative liabilities associated with legacy instruments were eliminated, reducing from approximately $4.2 million at December 31, 2024, to zero by September 30, 2025 [6][9] Strategic Initiatives - ConnectM is building an AI-driven Energy Intelligence Network that integrates various assets across multiple segments, including logistics and transportation [7] - The company announced acquisitions of Amperics Holdings LLC and Geo Impex LLC, enhancing its technology and infrastructure for the energy and logistics sectors [8] - The Logistics segment contributed significantly to Q3 revenue, establishing a strong presence in last-mile business-to-business transportation [12]