ConnectM Introduces Innovative AI-Driven Heat Pump
July 16 2024 - 8:30AM
ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or
the “Company”), a technology company focused on the electrification
economy, today announced the launch of its new intelligent heat
pump system designed for residential and light commercial use. This
system integrates with ConnectM's Energy Intelligence Network and
features an IoT-enabled AI engine powered by a large language model
(LLM) trained on proprietary and public data. The AI optimizes
performance and efficiency, reducing energy costs and carbon
footprint.
The Energy Intelligence Network is ConnectM’s comprehensive
technology platform that monitors and manages electrified assets
throughout their lifecycle and collects anonymized performance data
to refine artificial intelligence models while continually
improving network performance. This infrastructure enables OEMs,
third-party service providers and consumers to work towards
decarbonization and net zero goals.
According to the Energy Information Agency (EIA), 54% of total
energy in single family homes goes towards heating and cooling.
Improving home heating and cooling methods with intelligent heat
pumps represents a huge opportunity to reduce energy usage, utility
bills and carbon emissions.
“Our new IOT-enabled heat pump is the first U.S. product that
leverages ConnectM's proprietary data sets, representing a major
advancement in climate control technology. We believe this system
provides an efficient, reliable, and cost-effective solution for
heating and cooling needs while reducing energy consumption," says
Bhaskar Panigrahi, CEO of ConnectM.
Key features of the new heat pump system include:
- AI-driven
efficiency. System monitoring for performance optimization
issue prediction.
- Harsh
climate performance. Engineered for consistent efficiency
in various weather conditions.
-
Energy-efficient operation. Designed for high
energy efficiency to reduce heating and cooling costs. When paired
with solar panels, the system can utilize renewable energy.
- Quiet
Operation. Reduced noise levels for a comfortable indoor
atmosphere.
- Efficiency
Without Complexity. Advanced technology made accessible to
everyone.
-
Comprehensive Warranty. Backed by a 10-year parts
and labor warranty.
ConnectM’s new heat pump is available in select markets with
general availability scheduled for later this year.
About ConnectM Technology Solutions,
Inc.ConnectM is a technology company focused on advancing
the electrification economy by integrating electrified energy
assets with its AI-driven technology solutions platform. The
company provides residential and light commercial buildings and
all-electric original equipment manufacturers (OEMs) with a
proprietary platform to accelerate the transition to solar and
all-electric heating, cooling, and transportation. Leveraging
technology, data, artificial intelligence, contemporary design, and
behavioral economics, ConnectM aims to make electrification more
user-friendly, affordable, precise, and socially impactful. As a
vertically integrated company with wholly owned service networks
and a comprehensive technology stack, ConnectM empowers customers
to reduce their reliance on fossil fuels, lower overall energy
costs, and minimize their carbon footprint.
For more information, please
visit: https://www.connectm.com/
Contact:
MZ North America(203)
741-8811ConnectM@mzgroup.us
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