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ConnectM Expands Relationship With Greentech Renewables; Commitments Exceed $3.6 Million

Mar 12, 2026 (MarketLine via COMTEX) --
Greentech Renewables placed an additional $1 million purchase order for Keen high-efficiency heat pumps and related smart controls developed by Keen Labs, ConnectMaEUR(TM)s AI and technology subsidiary.

ConnectM Technology Solutions, Inc. (OTC: CNTM) ("ConnectM" or the "Company") today announced that Greentech Renewables has placed an additional $1 million purchase order for Keen high-efficiency heat pumps and related smart controls developed by Keen Labs, ConnectM's AI and technology subsidiary. The order, placed through Greentech Renewables Danbury, increases the parties' cumulative commitments to approximately $3.6 million, inclusive of the $1.7 million initial purchase order announced on November 10, 2025 and the $865,000 follow-on order announced on January 27, 2026.

The order includes Keen Labs' industry-leading smart heat pumps, designed to support high-efficiency residential and light commercial heating and cooling needs.

"Contractors in our region are seeing accelerating demand for high-efficiency, all-electric heating solutions," said Rick Flannery, Profit Center Manager at Greentech Renewables Danbury. "Keen Heat Pumps integrate seamlessly with the solar, storage, and electrical projects our contractors already deliver. The product performance and technical support from ConnectM make it easier for contractors to execute electrification projects efficiently, which is why we continue to expand our orders."

"This latest order highlights the momentum we are building with Greentech Renewables and demonstrates the growing demand for Keen Labs' heat pump technology through leading distribution partners," said John Pitcavage, Head of Keen Labs. "Greentech's large contractor network and nationwide footprint provide an important platform for scaling adoption of high-efficiency heat pump solutions as electrification trends accelerate."

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