ConnectM Acquires Geo Impex, Securing Regulatory-Approved Site for AI-Driven Data Center and Multimodal Logistics Park Development
ConnectM (OTC: CNTM) announced on Nov 5, 2025 the acquisition of Geo Impex, securing approximately 76 acres near Chhatrapur, Odisha, India for development of a multimodal logistics park and an AI-enabled Energy Intelligence Data Center under subsidiary Keen Labs.
The site is ~700 meters from Chhatrapur Railway Station and ~5 km from Gopalpur Port, sits near Tata Steel SEZ and OSCOM operations, and has state-level single-window industrial clearance plus preliminary government and environmental approvals. The project plans to integrate rail-siding feasibility, distributed-energy assets including recently acquired Amperics hybrid-battery technology, and Keen Labs’ AI/IoT platforms for logistics and energy optimization.
ConnectM (OTC: CNTM) ha annunciato il 5 novembre 2025 l'acquisizione di Geo Impex, assicurando circa 76 acri vicino a Chhatrapur, Odisha, India, per lo sviluppo di un parco logistico multimodale e di un Data Center sull'Intelligenza Energetica abilitato all'IA (Energy Intelligence Data Center) sotto la controllata Keen Labs.
Il sito si trova a circa 700 metri dalla stazione ferroviaria di Chhatrapur e a circa 5 km dal porto di Gopalpur, è situato vicino al Tata Steel SEZ e alle operazioni OSCOM, e dispone di una autorizzazione industriale a finestra unica a livello statale nonché di approvazioni governative e ambientali preliminari. Il progetto prevede di integrare la fattibilità di un raccordo ferroviario, asset energetici distribuiti inclusa la recente acquisizione della tecnologia a batteria ibrida Amperics, e le piattaforme AI/IoT di Keen Labs per l'ottimizzazione logistica ed energetica.
ConnectM (OTC: CNTM) anunció el 5 de noviembre de 2025 la adquisición de Geo Impex, asegurando aproximadamente 76 acres cerca de Chhatrapur, Odisha, India, para el desarrollo de un parque logístico multimodal y un Data Center de Inteligencia Energética impulsado por IA bajo la filial Keen Labs.
El sitio está a unos 700 metros de la Estación de Tren de Chhatrapur y a unos 5 km del Puerto de Gopalpur, se encuentra cerca de la SEZ de Tata Steel y de las operaciones OSCOM, y cuenta con una autorización industrial de ventanilla única a nivel estatal además de aprobaciones gubernamentales y ambientales preliminares. El proyecto planea integrar la viabilidad de un desvío ferroviario, activos de energía distribuidos incluida la tecnología de batería híbrida Amperics recientemente adquirida, y las plataformas AI/IoT de Keen Labs para la optimización logística y energética.
ConnectM (OTC: CNTM)은 2025년 11월 5일에 Geo Impexを 인수했다고 발표했고, 차트라푸르(Chhatrapur), Odisha, 인도 근처에 약 76에이커를 확보하여 다중형 물류단지와 AI 기반 에너지 인텔리전스 데이터 센터(Energy Intelligence Data Center)를 자회사 Keen Labs 아래 개발합니다.
부지는 차트라푸르 기차역에서 약 700미터, 고팔루르 항에서 약 5km 떨어져 있으며 Tata Steel SEZ 및 OSCOM 운영 인근에 위치하고 있고, 주(州) 차원의 원스톱(One-Stop) 산업 승인과 예비 정부 및 환경 승인을 보유하고 있습니다. 이 프로젝트는 레일 사이딩의 타당성, Amperics의 최근 인수에 포함된 분산형 에너지 자산, Keen Labs의 AI/IoT 플랫폼을 물류 및 에너지 최적화에 통합하는 것을 계획합니다.
ConnectM (OTC: CNTM) a annoncé le 5 nov. 2025 l'acquisition de Geo Impex, sécurisant environ 76 acres près de Chhatrapur, Odisha, Inde, pour le développement d'un parc logistique multimodal et d'un Data Center d'Énergie Intelligent alimenté par l'IA sous la filiale Keen Labs.
Le site se situe à environ 700 mètres de la gare de Chhatrapur et à environ 5 km du port de Gopalpur, se trouve près de la SEZ Tata Steel et des opérations OSCOM, et bénéficie d'une autorisation industrielle à guichet unique au niveau national ainsi que de rapproches approbations gouvernementales et environnementales preliminaires. Le projet prévoit d'intégrer la faisabilité d'un raccord ferroviaire, des actifs d'énergie distribuée y compris la technologie de batterie hybride Amperics récemment acquise, et les plateformes AI/IoT de Keen Labs pour l'optimisation logistique et énergétique.
ConnectM (OTC: CNTM) gab am 5. November 2025 die Übernahme von Geo Impex bekannt und sichert ca. 76 Acres in der Nähe von Chhatrapur, Odisha, Indien, für die Entwicklung eines multimodalen Logistikparks und eines AI-fähigen Data Centers für Energy Intelligence unter der Tochtergesellschaft Keen Labs.
Die Lage liegt ca. 700 Meter vom Bahnhof Chhatrapur entfernt und ca. 5 km vom Hafen Gopalpur, befindet sich in der Nähe der Tata Steel SEZ und der OSCOM-Betriebe, und verfügt über eine staatliche Ein-Win- Freigabe für die Industrie sowie über vorläufige Regierungs- und Umweltgenehmigungen. Das Projekt sieht die Integration der Machbarkeit eines Rangiergleises, verteilte Energieanlagen einschließlich der kürzlich erworbenen Amperics‑Batterietechnologie sowie Keen Labs' AI/IoT-Plattformen für Logistik- und Energieoptimierung vor.
ConnectM (OTC: CNTM) أعلنت في 5 نوفمبر 2025 عن استحواذها على Geo Impex، مما أدى إلى تأمين نحو 76 فداناً قرب تشاتراتبور، أوديشا، الهند، لتطوير منتزه لوجستي متعدد الوسائط ومركز بيانات للذكاء في الطاقة مدعوم بالذكاء الاصطناعي تحت الشركة الفرعية Keen Labs.
الموقع يقع على بُعد نحو 700 متر من محطة تشاتراتبور للسكك الحديدية وبُعد نحو 5 كم من ميناء جوبالبور، ويقع بالقرب من منطقة Tata Steel SEZ وعمليات OSCOM، ولديه تفويض صناعي بنظام النافذة الواحدة على مستوى الولاية بالإضافة إلى الموافقات الحكومية والبيئية الأولية. يخطط المشروع لدمج جدوى وجود رصيف سككي/ممر سكة، أصول طاقة موزعة بما في ذلك تقنية البطارية الهجينة Amperics التي تم الاستحواذ عليها حديثاً، ومنصات Keen Labs للذكاء الاصطناعي والإنترنت للأشياء من أجل تحسين اللوجستيات والطاقة.
- Acquired approximately 76 acres near Chhatrapur, Odisha
- Site 700 meters from Chhatrapur Railway Station and 5 km from Gopalpur Port
- State-level single-window industrial development approval in place
- Preliminary government and environmental approvals for multimodal park and AI data center
- Government and environmental approvals are described as preliminary, not final
- Rail-siding integration described as feasible, not contractually secured
MARLBOROUGH, Mass., Nov. 05, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a high-growth technology company powering the modern energy economy, today announced the acquisition of Geo Impex & Logistics Private Limited (“Geo Impex”), an India-based developer of sustainable logistics infrastructure.
The transaction grants ConnectM and its subsidiary Keen Labs (www.keenlabs.ai) ownership of approximately 76 acres of premium land near Chhatrapur, Odisha, India — just 700 meters from the Chhatrapur Railway Station and roughly 5 kilometers from the Gopalpur Port. The location also sits in close proximity to the operations of India Rare Earths Limited’s OSCOM unit and other key industrial installations within the Tata Steel SEZ (Chhatrapur).
The site benefits from full industrial development approval via state-level single-window clearance and offers feasibility to integrate a dedicated rail-siding infrastructure, leveraging its proximity to the railway station. Additionally, it has received preliminary government and environmental approvals to host a world-class Multimodal Logistics Park as well as a next-generation AI Data-Center campus.
Building the Gateway Between Energy, Logistics, and Intelligence
Through this strategic acquisition, ConnectM expands its presence in India’s fast-growing infrastructure sector and establishes a new business vertical under Keen Labs — the Company’s AI and technology subsidiary housing its connected-energy and industrial IoT platforms.
The newly-acquired site near Chhatrapur, Odisha becomes a keystone asset: it is positioned to serve as a multimodal hub for dry cargo, refrigerated freight and industrial logistics, while also being the launch pad for ConnectM’s first-of-its-kind AI-enabled Energy Intelligence Data Center (EIDC). This facility will integrate distributed-energy assets—including the recently acquired Amperics hybrid-battery technology with Keen Labs’ proprietary software to deliver a truly integrated, low-carbon platform where logistics, power and data converge.
“The acquisition of Geo Impex marks another transformative step in ConnectM’s growth,” said Bhaskar Panigrahi, CEO and Chairman of ConnectM. “By combining infrastructure cleared for industrial development in India with our AI energy-technology stack and new battery tech, we’re creating a new blueprint for sustainable industrial growth — where logistics, energy and intelligence sit on the same platform.”
Within Keen Labs, Geo Impex will form the foundation of a new product vertical focused on AI-assisted logistics and infrastructure optimization. This initiative will deploy machine-learning models to forecast cargo flows, optimize route efficiency, coordinate on-site energy resources (including Amperics-based battery systems) for port and data-center operations, and drive cost efficiencies across the ecosystem.
About ConnectM Technology Solutions, Inc.
ConnectM is a constellation of technology-driven businesses powering the modern energy economy. Through its Owned Service Network, Managed Solutions, Logistics, and Transportation segments, 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.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of present or historical fact included in this press release, regarding our future financial performance and our strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “continue,” “project” or the negative of such terms or other similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. We caution you that the forward-looking statements contained herein are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. In addition, we caution you that the forward-looking statements regarding the Company contained in this press release are subject to the risks and uncertainties described in the “Cautionary Note Regarding Forward-Looking Statements” section of our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q that we file with the Securities and Exchange Commission. Such filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and ConnectM is under no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Relations
ConnectM Technology Solutions, Inc.
+1 617-395-1333
irpr@connectm.com
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