Latest News and Press Releases

ConnectM Q1 2026: Adj EBITDA loss narrows to $(2.7)M, SG&A down 19%, Keen Labs activates with $1.9M revenue; Blue Cloud India swap and HKA defense close.

ConnectM to divest India business and land asset to Blue Cloud Softech in $34.2M share-swap, receiving 160M shares and ~17.3% post-issue equity position.

ConnectM explores dual capital raises with Moody Capital to support an up-listing, target $3M+, and give existing holders rights participation.

ConnectM targets $50B+ defense market, appoints former Pentagon Brigadier General to accelerate government pipeline and capital markets strategy.

ConnectM acquires defense data firm HKA, expanding into government markets and AI-driven infrastructure with ~$2M revenue poised for growth.

ConnectM secures $1M Greentech Renewables order for Keen Labs heat pumps, expanding distribution relationship to $3.6M in cumulative commitments.

ConnectM buys 40% of Sun Solar, lifting equity above $9M, scaling Keen Labs’ AI VPP kits, and expanding a national solar + storage footprint.

ConnectM seeks stockholder approval for a reverse split to support a national exchange uplisting, and broader investor access.

ConnectM retires $8.36M of convertible debt, adds new capital partners, and strengthens its energy/AI platform with Amperics and Geo Impex acquisitions.

ConnectM’s Keen Labs launches Hi-C hybrid energy storage line using Amperics tech for high-power applications with digital fleet integration.