STOCK TITAN

Beam Global EV ARC™ Systems Continue to Provide Essential Power during Hurricane Helene

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Negative)
Tags

Beam Global (Nasdaq: BEEM) announced that its EV ARC™ systems in the southeastern United States continued to operate during Hurricane Helene, a Category 4 storm with winds up to 140 mph. The systems at Bay Pines Florida Veterans Affairs Health Care in Big Bend remained operational even when submerged in eight feet of storm surge, providing vital emergency power. EV ARC™ charging infrastructure is designed to withstand winds up to 165 mph and operate in 9.5 feet of flooding.

These systems, designated by the GSA as disaster preparedness products, offer 120v and 240v outlets for first responders during grid outages. CEO Desmond Wheatley highlighted the products' resilience and relevance in the face of increasing global electricity demand and natural disasters. The frequency of billion-dollar weather and climate disasters in the U.S. has risen from 5.8 events per year in the 1980s to over 22 annually in recent years, emphasizing the need for resilient, off-grid infrastructure solutions.

Beam Global (Nasdaq: BEEM) ha annunciato che i suoi sistemi EV ARC™ nel sud-est degli Stati Uniti hanno continuato a funzionare durante l'uragano Helene, una tempesta di Categoria 4 con venti fino a 140 mph. I sistemi presso il Bay Pines Florida Veterans Affairs Health Care a Big Bend sono rimasti operativi anche quando sommersi da otto piedi di onda di tempesta, fornendo energia di emergenza vitale. L'infrastruttura di ricarica EV ARC™ è progettata per resistere a venti fino a 165 mph e operare in inondazioni di 9,5 piedi.

Questi sistemi, designati dalla GSA come prodotti per la preparazione ai disastri, offrono prese da 120v e 240v per i primi soccorritori durante interruzioni della rete elettrica. Il CEO Desmond Wheatley ha sottolineato la resilienza e la rilevanza di questi prodotti di fronte all'aumento della domanda globale di elettricità e ai disastri naturali. La frequenza di disastri meteorologici e climatici da miliardi di dollari negli Stati Uniti è aumentata da 5,8 eventi all'anno negli anni '80 a oltre 22 annualmente negli ultimi anni, sottolineando la necessità di soluzioni infrastrutturali resilienti e autonomi.

Beam Global (Nasdaq: BEEM) anunció que sus sistemas EV ARC™ en el sureste de los Estados Unidos continuaron funcionando durante el huracán Helene, una tormenta de categoría 4 con vientos de hasta 140 mph. Los sistemas en el Bay Pines Florida Veterans Affairs Health Care en Big Bend se mantuvieron operativos incluso cuando estaban sumergidos en ocho pies de oleaje de tormenta, proporcionando energía de emergencia vital. La infraestructura de carga EV ARC™ está diseñada para resistir vientos de hasta 165 mph y operar en inundaciones de 9.5 pies.

Estos sistemas, designados por la GSA como productos de preparación para desastres, ofrecen enchufes de 120v y 240v para los primeros respondedores durante cortes de energía. El CEO Desmond Wheatley destacó la resiliencia y la relevancia de los productos ante la creciente demanda global de electricidad y los desastres naturales. La frecuencia de desastres climáticos y meteorológicos de mil millones de dólares en los EE. UU. ha aumentado de 5.8 eventos por año en los años 80 a más de 22 anualmente en años recientes, lo que enfatiza la necesidad de soluciones de infraestructura resistentes y fuera de la red.

Beam Global (Nasdaq: BEEM)는 동남부 미국의 EV ARC™ 시스템이 바람이 시속 140마일까지 치솟는 카테고리 4 허리케인 헬렌 동안에도 계속 작동했다고 발표했습니다. 빅 벤드에 있는 베이 파인스 플로리다 재향 군인 관리 병원에 있는 시스템은 폭풍 해일에 8피트가 잠겼을 때도 작동을 유지하며 중요한 비상 전원을 공급했습니다. EV ARC™ 충전 인프라는 최대 165mph의 바람을 견디고 9.5피트의 홍수에서도 작동하도록 설계되었습니다.

이 시스템은 GSA에 의해 재난 대비 제품으로 지정되어 있으며, 전력망 중단 시 응급 대원들에게 120v 및 240v 소켓을 제공합니다. CEO인 데스몬드 휘틀리는 이러한 제품의 회복력과 세계 전기 수요 증가 및 자연 재해에 대한 관련성을 강조했습니다. 미국에서 억 달러 규모의 기상 및 기후 재해 발생 빈도는 1980년대 연평균 5.8건에서 최근 몇 년간 연간 22건 이상으로 증가하여, 회복력이 있는 독립형 인프라 솔루션의 필요성을 강조하고 있습니다.

Beam Global (Nasdaq: BEEM) a annoncé que ses systèmes EV ARC™ dans le sud-est des États-Unis ont continué à fonctionner pendant l'ouragan Helene, une tempête de catégorie 4 avec des vents atteignant 140 mph. Les systèmes du Bay Pines Florida Veterans Affairs Health Care à Big Bend sont restés opérationnels même lorsqu'ils ont été submergés sous huit pieds de houle de tempête, fournissant une puissance d'urgence vitale. L'infrastructure de recharge EV ARC™ est conçue pour résister à des vents allant jusqu'à 165 mph et fonctionner dans des inondations de 9,5 pieds.

Ces systèmes, désignés par la GSA comme des produits de préparation aux catastrophes, offrent des prises de 120v et 240v pour les premiers intervenants lors de pannes de réseau. Le PDG Desmond Wheatley a souligné la résilience et la pertinence de ces produits face à l'augmentation de la demande mondiale d'électricité et aux catastrophes naturelles. La fréquence des catastrophes climatiques et météorologiques de plusieurs milliards de dollars aux États-Unis est passée de 5,8 événements par an dans les années 1980 à plus de 22 par an ces dernières années, soulignant la nécessité de solutions d'infrastructure résilientes et hors réseau.

Beam Global (Nasdaq: BEEM) gab bekannt, dass seine EV ARC™-Systeme im Südosten der Vereinigten Staaten während des Hurrikans Helene, einem Sturm der Kategorie 4 mit Windgeschwindigkeiten von bis zu 140 mph, weiter betrieben wurden. Die Systeme im Bay Pines Florida Veterans Affairs Health Care in Big Bend blieben auch dann betriebsfähig, als sie in acht Fuß Sturmflut eingetaucht waren und somit vitale Notstromversorgung leisteten. Die EV ARC™ Ladeinfrastruktur ist darauf ausgelegt, Winden von bis zu 165 mph standzuhalten und bei Überschwemmungen von 9,5 Fuß zu funktionieren.

Diese Systeme, die von der GSA als Katastrophenvorbereitungsprodukte eingestuft sind, bieten 120v- und 240v-Steckdosen für Ersthelfer während Stromausfällen. CEO Desmond Wheatley hob die Widerstandsfähigkeit und Relevanz der Produkte angesichts der steigenden globalen Stromnachfrage und der Naturkatastrophen hervor. Die Häufigkeit von Wetter- und Klimakatastrophen in Milliardenhöhe in den USA ist von 5,8 Ereignissen pro Jahr in den 1980er Jahren auf über 22 pro Jahr in den letzten Jahren gestiegen, was die Notwendigkeit robuster, netzunabhängiger Infrastrukturlösungen unterstreicht.

Positive
  • EV ARC™ systems remained operational during Hurricane Helene, demonstrating product resilience
  • Systems can withstand winds up to 165 mph and operate in 9.5 feet of flooding
  • Designated by GSA as disaster preparedness response and recovery products
  • Provides essential power during grid outages and natural disasters
Negative
  • None.

Insights

The performance of Beam Global's EV ARC™ systems during Hurricane Helene demonstrates their critical value in disaster resilience. Operating while submerged in 8 feet of storm surge showcases exceptional durability. This resilience is important for emergency response and recovery efforts, especially when considering the increasing frequency of severe weather events.

The systems' ability to provide continuous power during grid outages addresses a significant vulnerability in disaster-prone areas. This capability can be life-saving during extended power losses, supporting essential services and emergency operations. The GSA designation as disaster preparedness products further validates their importance in emergency planning.

For investors, this performance under extreme conditions could strengthen Beam Global's market position in the growing field of resilient infrastructure. As climate-related disasters increase, demand for such robust, off-grid power solutions is likely to rise, potentially driving long-term growth for the company.

Beam Global's EV ARC™ systems' resilience during Hurricane Helene highlights a critical advantage in the renewable energy sector. Their ability to operate in extreme conditions addresses a key concern about the reliability of renewable energy sources during natural disasters.

This performance could accelerate adoption of off-grid solar solutions, particularly in disaster-prone regions. It demonstrates that renewable energy can be more resilient than traditional grid infrastructure in some scenarios. The dual functionality of EV charging and emergency power provision enhances the value proposition.

For investors, this showcases Beam Global's competitive edge in a rapidly growing market. As EV adoption increases and grid resilience becomes more critical, products like EV ARC™ could see increased demand from both public and private sectors. This could potentially lead to expanded market share and revenue growth for Beam Global in the coming years.

SAN DIEGO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Beam Global (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its EV ARC™ systems in the south eastern United States continued to operate during Hurricane Helene. For example, EV ARC™ systems at the Bay Pines Florida Veterans Affairs Health Care in Big Bend, an area located in the direct path of Hurricane Helene, remained operational, sending data and continuing to provide a vital source of emergency power throughout the storm even while submerged in eight feet of storm surge.

Hurricane Helene made a historic landfall in Big Bend, Florida as one of the most powerful storms to hit the state. The Category 4 hurricane brought up to eight-foot storm surges and 140 mph winds, leaving nearly one million Florida residents without power.

Designed to endure extreme weather conditions, Beam Global EV ARC™ charging infrastructure is independently rated to withstand winds of up to 165 mph and can operate effectively in up to 9.5 feet of flooding. These systems come equipped with an optional Emergency Power Panel, which offers 120v and 240v outlets for use by first responders and authorized personnel when utility power is not available. EV ARC™ systems are designated by the federal General Services Administration (GSA) as disaster preparedness response and recovery products due to energy security and resiliency capabilities during grid outages and natural or man-made disasters.

“Hurricane Helene tested our EV ARC product like never before, and it did not disappoint,” said Beam Global CEO Desmond Wheatley. “Even when the systems were buffeted by hurricane winds and submerged in eight feet of water with waves crashing over them, these vital infrastructure products continued to operate. Our customers were able to log in remotely and verify that the systems remained online throughout the storm, providing essential power. Beam Global’s products are becoming more and more relevant as global electricity demand increases and the job of providing it the traditional way becomes more challenging because of natural disasters and capacity constraints.”

Beam Global EV ARC™ products have faced extreme storm conditions before. During last year’s Hurricane Idalia, EV ARC™ systems in Florida, Georgia and the Carolinas continued to provide vital EV charging and emergency power in areas suffering from prolonged grid outages. Beam Global’s government and commercial customers were able to continue to charge their EVs and access the emergency power panels to provide services to the broader community. It can often take days or weeks for utility power to be restored to affected areas. Beam Global’s products provide vital electrical energy during those periods whether they were there and survived the disaster or are delivered and rapidly deployed as a recovery asset post-event.

The frequency and severity of climate disasters in the U.S. continues to significantly increase, with the National Oceanic and Atmospheric Administration (NOAA) reporting a rise in billion-dollar weather and climate disasters from an average of 5.8 events per year in the 1980s to over 22 events annually in recent years. This trend underscores the urgent need for resilient, off-grid infrastructure solutions like EV ARC™ systems that can withstand extreme conditions and support communities during crises.

To learn more about Beam Global products visit BeamForAll.com.

About Beam Global
Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Headquartered in San Diego with facilities in Chicago, Belgrade and Kraljevo, Beam Global has a deep patent portfolio and is listed on Nasdaq under the symbol BEEM. For more information visit BeamForAll.com, LinkedIn, YouTube and X (formerly Twitter).

Forward-Looking Statements
This Beam Global Press Release may contain forward-looking statements. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. These statements relate to future events or future results of operations. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause Beam Global's actual results to be materially different from these forward-looking statements. Except to the extent required by law, Beam Global expressly disclaims any obligation to update any forward-looking statements.

Investor Relations:
Core IR
+1 516-222-2560
IR@BeamForAll.com

Media Contact:
Skyya PR
+1 651-335-0585
Press@BeamForAll.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/93e37add-1e8d-406e-b310-aef9878be529

This press release was published by a CLEAR® Verified individual.


FAQ

How did Beam Global's EV ARC™ systems perform during Hurricane Helene?

Beam Global's EV ARC™ systems continued to operate during Hurricane Helene, even when submerged in eight feet of storm surge, providing vital emergency power throughout the storm.

What are the wind and flood resistance capabilities of Beam Global's EV ARC™ systems?

Beam Global's EV ARC™ systems are independently rated to withstand winds of up to 165 mph and can operate effectively in up to 9.5 feet of flooding.

Why are Beam Global's EV ARC™ systems designated as disaster preparedness products by the GSA?

EV ARC™ systems are designated as disaster preparedness products due to their energy security and resiliency capabilities during grid outages and natural or man-made disasters.

How has the frequency of climate disasters in the U.S. changed over time, according to NOAA?

According to NOAA, the frequency of billion-dollar weather and climate disasters in the U.S. has increased from an average of 5.8 events per year in the 1980s to over 22 events annually in recent years.

Beam Global

NASDAQ:BEEM

BEEM Rankings

BEEM Latest News

BEEM Stock Data

71.83M
14.62M
7.77%
18.05%
9.99%
Solar
Semiconductors & Related Devices
Link
United States of America
SAN DIEGO