03/03/2026 | Press release | Distributed by Public on 03/03/2026 08:57
ConnectM's Keen Labs Expands Hi-E Energy Storage Line for Long Duration and VPP Applications
MARLBOROUGH, Mass., March 3, 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 that Keen Labs, its AI and technology subsidiary, has extended the Hi-E™ line of energy storage systems for long duration applications to 10kWhr and a stackable solution in addition to wall mounted solutions.
Developed by Keen Labs, the Hi-E™ line leverages high energy density Lithium Iron Phosphate (LiFePO4) technology and addresses use cases in residential and light commercial buildings to provide grid back-up in general and targeted electrical appliances for load leveling and peak time of use. Additionally, the Hi-E™ systems use ConnectM's proprietary power electronics architecture and energy management platform to be a virtual power plant ("VPP") in geographies where a relationship exists with the local utility. Now sized in modules up to 10kWhr, the Hi-E™ line can be configured by mixing and matching modules to meet the exact energy requirements of any given application. In addition to the wall mounted solution designed to expand market accessibility.
Key benefits of the stackable architecture include:
| · | Scalable capacity - Expand storage incrementally without replacing the system | |
| · | Lower upfront cost - Entry-level configurations reduce adoption barriers | |
| · | Reduced installation complexity - Modular stacking simplifies deployment | |
| · | Improved resiliency - Independent modules enhance system uptime | |
| · | Future expansion flexibility - Add capacity as usage or incentives evolve |
The stackable design broadens ConnectM's addressable market while supporting cost-efficient growth in distributed energy storage.
Built for flexibility and lowering energy costs
The Hi-E™ line is designed for sectors where customization in space and duration of use is necessary to maximize ease of use at the lowest cost.
| · | 4 kWhr Modules Integrated with ConnectM's line of Keen Heat Pumps: Provides reliable power, reducing wear on the device while minimizing energy costs. | |
| · | 1 kWhr to 5 kWhr modules Act as VPP: Capable to serve as a VPP to individual electric assets like induction heaters and LED lighting systems in geographies where a relationship exists with the utility to avoid up-front capital expenditure costs. | |
| · | Bundling: Multiple modules can be bundled together to flexibly target any application. |
Hi-E™ helps reduces energy costs from peak-load stress, extending useful life and reducing total cost of ownership across a range of equipment
Digital-Native by Design
Each Hi-E™ system is designed to integrate natively with Keen Labs' VPP platform providing:
| · | Real-time telemetry and health monitoring at the asset and fleet level. | |
| · | Data feeds into ConnectM's analytics and optimization engines. | |
| · | Optional direct integration into customer data platforms and energy management systems. |
Customers can deploy Hi-E™ as a standalone module, as part of broader ConnectM and Keen Labs solutions, or as a digitally connected asset within existing energy and infrastructure stacks.
About ConnectM Technology Solutions, Inc.
ConnectM brings together technology-driven businesses powering the modern energy economy. Through its Owned Service Network, Managed Solutions, Logistics and technology subsidiary Keen Labs, the Company delivers AI-powered electrification, distributed energy, last-mile delivery and industrial IoT solutions to customers worldwide. For more information, visit www.connectm.com.
About Keen Labs
Keen Labs, a wholly owned technology subsidiary of ConnectM, develops the AI, control and energy intelligence platforms that underpin the Company's solutions. Keen Labs' portfolio includes industrial IoT hardware, the Hi-C™ line of hybrid energy storage systems, the Hi-ETM line of Iron Phosphate based Lithium Ion long duration and VPP enabling storage systems, smart heat pumps and connected vehicle technologies, all integrated through its Energy Intelligent Network™ to optimize performance across fleets, facilities and distributed energy assets. For more information, visit www.keenlabs.ai.