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ConnectM to Present at the 37th Annual ROTH Conference
Prnewswire· 2025-03-17 12:00
Core Viewpoint - ConnectM Technology Solutions, Inc. is actively engaging with investors at the 37th Annual ROTH Conference, highlighting its growth strategy and recent institutional investment as indicators of confidence in its future potential [1][3]. Company Overview - ConnectM is positioned at the forefront of the electrification economy, focusing on the development of electrified equipment, mobility, and distributed energy solutions [4]. - The company offers a proprietary Energy Intelligence Network platform aimed at facilitating the transition to all-electric heating, cooling, and transportation, thereby reducing energy costs and carbon emissions globally [4]. Recent Developments - An institutional investor recently filed a 13G indicating ownership of 6.9% of ConnectM's outstanding shares, reflecting strong confidence in the company's growth strategy [3]. - ConnectM is experiencing robust momentum across its business segments, including electric vehicle (EV) solutions and building electrification, while also expanding its international presence [3]. Conference Participation - ConnectM management will conduct one-on-one investor meetings during the ROTH Conference and will be available for additional meetings in the Los Angeles area until March 19 [2]. - The ROTH Conference features approximately 450 companies across various growth sectors, providing a platform for ConnectM to showcase its initiatives and engage with potential investors [3].
ConnectM to Expand its Building Electrification Segment Internationally to Capitalize on Surging Global Demand
Prnewswire· 2025-03-04 21:15
Core Viewpoint - ConnectM Technology Solutions, Inc. is strategically expanding its Building Electrification segment into Europe, the Middle East, and Asia to meet the rising global demand for sustainable energy solutions [1][2]. Market Opportunity - The company identifies significant market opportunities due to rising traditional energy costs in Europe and labor shortages in the service provider sector, which allows for the deployment of AI-powered, tech-enabled solutions [2]. - Governments in the Middle East and Asia are investing in electrification solutions to combat air pollution and reduce fossil fuel reliance, creating a high-demand environment for ConnectM's offerings [3]. Strategic Growth - The expansion into international markets is viewed as a transformational growth opportunity, with expectations that international operations will play a pivotal role in long-term value creation [4]. - ConnectM anticipates generating multiple revenue streams from its international Building Electrification initiatives by early 2026 [4]. Company Overview - ConnectM focuses on advancing the electrification economy by integrating electrified energy assets with AI-powered technology solutions, targeting residential and light commercial buildings [5]. - The company aims to make electrification user-friendly, affordable, precise, and socially impactful through its proprietary Energy Intelligence Network platform [5].