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ConnectM Technology Solutions

Closed (deSPAC)

Industrials · clean energy technology for buildings and electric OEMs

What it is
Technology Solutions, Inc
What it’s doing now
Merging with Monterey Capital Acquisition Corp (MCAC) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Technology Solutions, Inc. ConnectM is a vertically integrated clean energy technology and solutions provider for buildings (residential and light commercial) and All-Electric OEMs with a proprietary platform to accelerate the transition to solar and all-electric heating, cooling and transportation. For more information, please visit: https://www.connectm.com/ and https://www.auraihome.com/

Source: S-4/A, accession 0001104659-24-066923

What the company says about itself

Web research — not audited

ConnectM Technology Solutions, Inc. powers the physical layer of the AI economy through two platforms running on a shared AI and data engine: Distributed Energy (AI Infrastructure) and Last-Mile Delivery (AI-Powered Logistics). The company aggregates assets like heat pumps, solar, and batteries into virtual power plants, and matches B2B shipments with contracted drivers. It also has a built-in channel into U.S. defense via partner HKA.

Markets:
Distributed Energy | Last-Mile Logistics | Defense & Government | AI Infrastructure
Products:
AI Infrastructure Platform | AI-Powered Logistics Platform | One AI & Data Engine | Hi-C High-Power Hybrid Storage | Hi-E Long-Duration LFP Storage | Decios Platform | Virtual Power Plants (VPP)
Customers:
HKA | Tesla | Boeing | Northrop Grumman | Lockheed Martin
What our web check found

[WEB-INTEL 2026-08-26] 11 finding(s) · revenue (web claim — NOT STORED) — FILING: no revenue figure on our filed record · WEB: $35.8M FY2025 revenue [https://www.connectm.com] — filing stands; recorded, not resolved. · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The business combination was approved at a special meeting of MCAC's stockholders on July 10, 2024" [https://finance.yahoo.com/news/connectm-completes-business-combination-monterey-203800490.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On January 3, 2023, ConnectM and MCAC previously announced their execution of a definitive Business Combination agreement." [https://www.nasdaq.com/press-release/connectm-and-monterey-capital-acquisition-corporation-announce-effectiveness] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ConnectM has raised a total funding of $12.1M over 3 rounds. Its first funding round was on Jun 27, 2007." [https://tracxn.com/d/companies/connectm/__7YSwh-VwaVTrk3TTt7oTzAvXrQaXFcY3pf6LgyGIYkQ] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ConnectM reaches $35M organic revenue run rate, grows ~54% year over year and turns a $50M stockholders' deficit into positive equity." [https://www.globenewswire.com/news-release/2025/12/03/3198908/0/en/connectm-announces-35-million-annual-organic-revenue-run-rate-and-returns-to-positive-stockholders-equity.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ConnectM Confirms $62M Increased Implied Equity Value with Buy-Out Group" [https://www.prnewswire.com/news/connectm-technology-solutions%2C-inc./] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ConnectM Board to Evaluate $46.5 Million Buy-Out Offer" [https://www.prnewswire.com/news-releases/connectm-board-to-evaluate-46-5-million-buy-out-offer-302419664.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ConnectM Receives $1.60 Per Share Buyout Offer from its Three Largest Institutional Investors" [https://www.prnewswire.com/news/connectm-technology-solutions%2C-inc./] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Keen Labs, the Company's wholly-owned technology subsidiary, contributed approximately $1.9 million" [https://www.otcmarkets.com/stock/CNTM/news?id=523141] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Valuation $100–500M" [https://dealroom.co/companies/connectm-technology-solutions/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ConnectM Sells India Business to Blue Cloud for $34.2M" [https://www.linkedin.com/posts/connectm-technology-solutions_energytech-ai-vpp-activity-7457447298906796032-liOO]

Source: https://www.connectm.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

ConnectM Technology Solutions is merging with Monterey Capital Acquisition Corp (MCAC) currently marked Closed (deSPAC).

Headline equity value—

How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is ConnectM Technology Solutions going public?

ConnectM Technology Solutions has an approved merger with the SPAC Monterey Capital Acquisition Corp (MCAC). Deal status: Closed (deSPAC).

Does ConnectM Technology Solutions have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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