STOCK TITAN

Beam Global Launches BeamWell™ Water Desalination and Delivery System to Provide Clean Water and Electricity in Crisis Zones

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

Beam Global (Nasdaq: BEEM) has launched the BeamWell™ water desalination and e-mobility delivery system, designed to address critical needs in humanitarian crisis zones. The system, based on the patented EV ARC™ technology, provides three essential services:

1. Turns seawater into fresh water, storing 3000 liters daily
2. Generates electricity for medical devices, communications, cooking, and lighting
3. Charges four integrated Benzina Zero electric mopeds for aid distribution

The BeamWell™ system is self-contained, rapidly deployable, and requires no supporting infrastructure. Beam Global is finalizing deployment plans, with the first systems expected to be delivered to the Middle East through global aid organizations to address urgent needs in conflict-affected regions.

Positive
  • Launch of innovative BeamWell™ system addressing critical needs in crisis zones
  • System provides clean water, electricity, and e-mobility solutions in one package
  • Rapid deployment capability with no need for supporting infrastructure
  • Potential for significant market opportunity in humanitarian aid sector
  • Imminent deployment planned in the Middle East through partnerships
Negative
  • None.

Insights

The launch of Beam Global's BeamWell™ system represents a significant innovation in humanitarian aid technology. This 3-in-1 solution addresses critical needs in crisis zones by providing clean water, electricity and transportation. The system's ability to desalinate seawater and produce 3,000 liters daily is particularly valuable in coastal regions prone to disasters.

The self-contained, rapidly deployable nature of BeamWell™ is important for emergency response, allowing for quick setup without infrastructure requirements. This could dramatically improve aid delivery efficiency in conflict zones like Gaza, where 2.3 million residents face severe water shortages.

However, the effectiveness of this solution will depend on factors such as production capacity, cost and the ability to secure partnerships for deployment. While promising, it's important to note that the system's impact may be by the scale of crises and the complexities of aid distribution in conflict zones.

Beam Global's BeamWell™ system showcases an innovative application of renewable energy technology in humanitarian aid. By leveraging their patented EV ARC™ platform, Beam has created a versatile, solar-powered solution that addresses multiple critical needs simultaneously.

The system's ability to operate off-grid is particularly valuable in disaster-prone areas or conflict zones where traditional infrastructure may be compromised. This self-sufficiency, combined with the use of renewable energy, could significantly reduce the logistical challenges and environmental impact associated with traditional aid delivery methods.

From an investment perspective, this product diversifies Beam Global's portfolio beyond transportation electrification, potentially opening up new market opportunities in the humanitarian and disaster relief sectors. However, the success of this venture will depend on the company's ability to scale production and establish partnerships with key aid organizations and government agencies.

Imminent deployment planned in the Middle East through partnerships with government agencies and NGOs

SAN DIEGO, Oct. 17, 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 the official launch of the BeamWell™ water desalination and e-mobility delivery system. This solution is designed to address critical needs for clean drinking water, mobility and electricity in regions facing humanitarian crises.

The BeamWell™ product is based on the patented EV ARC™ system and is a self-sufficient, self-contained operational system for use in war zones and remote or disaster areas where only salt, brackish or dirty water is available because a reliable clean water supply is not available or has been interrupted. The BeamWell™ system provides three essential services to regions in crisis: it turns seawater into fresh water, which is then stored in an integrated 3000-liter tank that is replenished daily; it provides a source of electricity which can be used for medical or communications devices as well as cooking and lighting; and it charges four integrated and bundled Benzina Zero electric mopeds for the rapid distribution of food, water, medications or other vital resources, to those in need.

“We are living in unprecedented times when wars and natural disasters such as the recent hurricanes in the U.S. are becoming commonplace,” said Desmond Wheatley, CEO of Beam Global. “At the same time 40% of the world’s population lives by the sea and in areas which are most prone to natural disasters. By providing a container-transportable, rapidly deployed, off-grid power source paired with desalination and e-mobility, we are addressing three of the most essential needs in crisis situations: clean water, reliable power and the means to distribute aid. Beam Global is on a mission to make a real difference in the lives of those who are suffering.”

Enabled by Beam Global’s patented EV ARC™ platform, the BeamWell™ system is completely self-contained, shipping-container-transportable, and deploys in minutes with no construction, no electrical work and no requirement for any supporting infrastructure. It can be relocated as water supply challenges fluctuate. Beam Global EV ARC™ technology, which has already been successfully deployed thousands of times worldwide, uses patented tracking solar technology to generate and store clean energy for e-mobility. The BeamWell™ solution will also use this renewable energy to desalinate water and provide power and a means of delivering aid.

Recent estimates suggest around 60 million people in the Middle East and North Africa (MENA) lack access to clean and safe drinking water. As of October 2024, the water crisis in Gaza is severe, with nearly 2.3 million residents facing restricted access to clean water due to the ongoing conflict and damage to water infrastructure. This lack of access to clean water is contributing to a public health crisis, as waterborne diseases are spreading rapidly. Aid deliveries have included water, but the quantities are grossly insufficient to meet the needs of the entire population​, and many organizations are having trouble providing continued support throughout the region during the prolonged conflict.

Beam Global is finalizing deployment plans, with the first BeamWell™ systems expected to be delivered to the Middle East through global aid organizations as soon as possible. This U.S.-based company’s collaboration with governments, NGOs and other international partners represents a significant step toward addressing urgent needs in regions affected by conflict and humanitarian crises.

For more information on the BeamWell™ water treatment system contact the Beam Team at BeamTeam@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.

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

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

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/ecc68fa3-dd8d-430e-a9c6-41ed4143d62d

https://www.globenewswire.com/NewsRoom/AttachmentNg/9d93d87a-8cd6-488e-adec-1ec911d01850


FAQ

What is the BeamWell™ system launched by Beam Global (BEEM)?

The BeamWell™ system is a water desalination and e-mobility delivery solution designed to provide clean water, electricity, and transportation in humanitarian crisis zones. It's based on Beam Global's patented EV ARC™ technology.

How much water can the BeamWell™ system (BEEM) produce and store daily?

The BeamWell™ system can produce and store 3000 liters of fresh water daily in its integrated tank.

What additional features does the BeamWell™ system (BEEM) offer besides water desalination?

The BeamWell™ system also provides electricity for various uses and includes four integrated Benzina Zero electric mopeds for rapid distribution of aid and resources.

Where is Beam Global (BEEM) planning to deploy the BeamWell™ system first?

Beam Global is finalizing deployment plans to deliver the first BeamWell™ systems to the Middle East through global aid organizations.

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