ConnectM appoints three executives to new advisory board
ConnectM Technology Solutions, Inc. (OTCQX: CNTM) announced the formation of a Strategic Advisory Board on October 19, 2026, in Marlborough, Massachusetts. The board includes Ashish Kulkarni, Neil Bhatia, and Jim McCabe. The company stated the advisors will focus on building an AI energy infrastructure business and improving institutional investor positioning. ConnectM develops and operates energy infrastructure for the physical layer of the AI economy. The Strategic Advisory Board will address four priorities: data center power, cooling, and storage; institutional positioning; alliances with equipment manufacturers, defense contractors, utilities and large enterprise customers; and profitability. Ashish Kulkarni is a director of Ashland Inc. (NYSE: ASH). He previously served as Executive Vice President and Chief Innovation Officer of GAF. Kulkarni holds a Ph.D. in Chemical Engineering from Rensselaer Polytechnic Institute. Neil Bhatia is a former senior executive at Fortress Investment Group, Shumway Capital Partners, and Marcato Capital Management. He founded Catalyst Advisors in 2019. Bhatia holds a J.D. from Boston College Law School. Jim McCabe is the founder and Chief Executive Officer of Las Olas Capital. He has nearly 20 years of experience in financial services. McCabe serves on the advisory board of Digi Power X (Nasdaq: DGXX). ConnectM's Keen Labs platform designs and distributes distributed energy equipment and virtual power plant software. The company includes Hi-C hybrid energy storage systems for data centers. Bhaskar Panigrahi, Chairman and CEO of ConnectM, stated the board aims to convert growth into a more profitable company with long-term institutional shareholders. He noted that demand for power at the edge of the grid is being driven by AI data centers. The International Energy Agency projects data center electricity consumption will increase from 415 terawatt-hours in 2024 to 945 terawatt-hours in 2030. ConnectM's offerings include battery storage, solar systems, and smart heat pumps. The company stated it will report on progress toward the board's specific objectives.
ConnectM Technology Solutions, Inc. (OTCQX: CNTM) announced the formation of a Strategic Advisory Board on October 19, 2026, in Marlborough, Massachusetts. The board includes Ashish Kulkarni, Neil Bhatia, and Jim McCabe. The company stated the advisors will focus on building an AI energy infrastructure business and improving institutional investor positioning. ConnectM develops and operates energy infrastructure for the physical layer of the AI economy. The Strategic Advisory Board will address four priorities: data center power, cooling, and storage; institutional positioning; alliances with equipment manufacturers, defense contractors, utilities and large enterprise customers; and profitability. Ashish Kulkarni is a director of Ashland Inc. (NYSE: ASH). He previously served as Executive Vice President and Chief Innovation Officer of GAF. Kulkarni holds a Ph.D. in Chemical Engineering from Rensselaer Polytechnic Institute. Neil Bhatia is a former senior executive at Fortress Investment Group, Shumway Capital Partners, and Marcato Capital Management. He founded Catalyst Advisors in 2019. Bhatia holds a J.D. from Boston College Law School. Jim McCabe is the founder and Chief Executive Officer of Las Olas Capital. He has nearly 20 years of experience in financial services. McCabe serves on the advisory board of Digi Power X (Nasdaq: DGXX). ConnectM's Keen Labs platform designs and distributes distributed energy equipment and virtual power plant software. The company includes Hi-C hybrid energy storage systems for data centers. Bhaskar Panigrahi, Chairman and CEO of ConnectM, stated the board aims to convert growth into a more profitable company with long-term institutional shareholders. He noted that demand for power at the edge of the grid is being driven by AI data centers. The International Energy Agency projects data center electricity consumption will increase from 415 terawatt-hours in 2024 to 945 terawatt-hours in 2030. ConnectM's offerings include battery storage, solar systems, and smart heat pumps. The company stated it will report on progress toward the board's specific objectives.