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Stock impact report

ConnectM Targets $50B+ Defense Opportunity, Adds Former Pentagon Leader Brigadier General Mark G. Beesley to Drive Government Expansion and Capital Markets Strategy

ConnectM Technology Solutions, Inc. (CNTM) 
Company Research Source: GlobeNewswire
MARLBOROUGH, Mass., April 07, 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 the appointment of Brigadier General (Ret.) Mark G. Beesley as Senior Advisor to its defense data subsidiary, Harry Kahn Associates, Inc. The appointment supports ConnectM’s expansion into the defense sector, building on its foundation at the intersection of AI, energy, and advanced technology. Through its Keen Labs platform, the Company has developed AI, control, and energy intelligence systems with increasing applicability to mission-critical government and defense use cases. With a global defense sustainment market estimated to exceed $50 billion, ConnectM is leveraging its core capabilities to enter government programs, opening a new growth vector aligned with rising federal spending and long-term national priorities. The Company is actively pursu Show less Read more
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