Beam Global Receives First Order for BeamSpot™ Curbside EV Chargers from Fortune 500 Utility Company
Beam Global (BEEM) has received its first order for BeamSpot™ curbside EV chargers from a Fortune 500 utility company. Multiple corporate offices will each install three BeamSpot™ systems, which combine solar, wind, and utility-generated electricity stored in proprietary integrated batteries. The system provides street lighting and EV charging while integrating with existing streetlight infrastructure.
The BeamSpot™ solution offers higher charging capacity than traditional streetlight charging solutions and continues operating during grid failures. This off-grid-capable system requires no complex construction or utility upgrades, targeting urban areas, residential neighborhoods, parking lots, and public venues.
Beam Global (BEEM) ha ricevuto il suo primo ordine per i caricatori EV BeamSpot™ da una compagnia di servizi Fortune 500. Molti uffici aziendali installeranno ciascuno tre sistemi BeamSpot™, che combinano energia solare, eolica e elettricità generata da utilità, immagazzinata in batterie integrate proprietarie. Il sistema fornisce illuminazione stradale e ricarica per veicoli elettrici, integrandosi con l'infrastruttura esistente dei lampioni.
La soluzione BeamSpot™ offre una capacità di ricarica superiore rispetto alle tradizionali soluzioni di ricarica da lampioni e continua a funzionare durante i guasti della rete. Questo sistema autonomo non richiede costruzioni complesse o aggiornamenti delle utilità, mirando a aree urbane, quartieri residenziali, parcheggi e luoghi pubblici.
Beam Global (BEEM) ha recibido su primer pedido de cargadores de EV BeamSpot™ de una compañía de servicios Fortune 500. Varios edificios corporativos instalarán tres sistemas BeamSpot™ cada uno, que combinan energía solar, eólica y electricidad generada por utilidades almacenada en baterías integradas propietarias. El sistema proporciona iluminación callejera y carga para EV, integrándose con la infraestructura existente de las farolas.
La solución BeamSpot™ ofrece una mayor capacidad de carga que las soluciones tradicionales de carga de farolas y sigue funcionando durante fallos en la red. Este sistema capaz de operar fuera de la red no requiere construcciones complejas ni actualizaciones de utilidades, dirigidas a áreas urbanas, vecindarios residenciales, estacionamientos y lugares públicos.
빔 글로벌 (BEEM)은 포춘 500대 기업으로부터 BeamSpot™ 도로 옆 전기차 충전기에 대한 첫 주문을 받았습니다. 여러 기업 사무소는 각각 세 개의 BeamSpot™ 시스템을 설치할 예정이며, 이 시스템은 태양광, 풍력 및 전력 회사에서 생성된 전기를 독점적으로 통합된 배터리에 저장합니다. 이 시스템은 도로 조명과 전기차 충전 기능을 제공하며 기존 가로등 인프라와 통합됩니다.
BeamSpot™ 솔루션은 전통적인 가로등 충전 솔루션보다 더 높은 충전 용량을 제공하며, 전력망이 실패할 때도 계속 운영됩니다. 이 독립형 시스템은 복잡한 건설이나 전력 회사의 업그레이드가 필요 없으며, 도시 지역, 주거 단지, 주차장 및 공공 장소를 목표로 합니다.
Beam Global (BEEM) a reçu sa première commande pour les chargeurs de VE BeamSpot™ d'une entreprise de services Fortune 500. Plusieurs bureaux d'entreprise installeront chacun trois systèmes BeamSpot™, qui combinent l'énergie solaire, éolienne et l'électricité générée par les services publics, stockée dans des batteries intégrées propriétaires. Le système fournit un éclairage de rue et une charge de VE tout en s'intégrant à l'infrastructure existante des lampadaires.
La solution BeamSpot™ offre une capacité de charge supérieure à celle des solutions traditionnelles de charge par lampadaire et continue de fonctionner en cas de panne du réseau. Ce système autonome ne nécessite pas de constructions complexes ni de mises à niveau de services et cible les zones urbaines, les quartiers résidentiels, les parkings et les lieux publics.
Beam Global (BEEM) hat seine erste Bestellung für BeamSpot™ Lademöglichkeiten für Elektrofahrzeuge von einem Fortune 500 Versorgungsunternehmen erhalten. Mehrere Unternehmensbüros werden jeweils drei BeamSpot™ Systeme installieren, die Solarenergie, Windenergie und aus dem öffentlichem Stromnetz erzeugte Elektrizität in proprietären integrierten Batterien speichern. Das System bietet Straßenbeleuchtung und Ladeinfrastruktur für Elektroautos, während es sich in die bestehende Straßenbeleuchtungsinfrastruktur integriert.
Die BeamSpot™ Lösung bietet eine höhere Ladeleistung als traditionelle Straßenlaternen-Lösungen und bleibt auch bei Stromausfällen betriebsfähig. Dieses autarke System benötigt keine komplexen Bauarbeiten oder Versorgungsanpassungen und richtet sich an städtische Gebiete, Wohnviertel, Parkplätze sowie öffentliche Einrichtungen.
- First order received from Fortune 500 utility company
- Multiple corporate offices each ordering three BeamSpot™ systems
- Potential for significant follow-on orders from nationwide customer
- Product offers grid-independent operation during blackouts
- None.
Insights
The BeamSpot™ order from a Fortune 500 utility company represents a strategic market entry for Beam Global's innovative curbside charging solution. The product's unique value proposition lies in its hybrid power sources and grid-independent capabilities, addressing critical infrastructure challenges in urban EV charging deployment.
The system's integration of solar, wind and utility power with proprietary battery storage differentiates it from conventional streetlight chargers, offering higher charging capacity and resilience during outages. The quick initial sale to a major utility customer validates market demand and suggests strong potential for recurring revenue through follow-on orders across nationwide locations.
While the initial order size is modest, the real value lies in the proof-of-concept with a Fortune 500 client and the potential for scaled deployment. The solution's ability to bypass complex construction and utility upgrades positions it favorably for rapid urban infrastructure expansion.
The order comes shortly after last month’s launch of BeamSpot™ curbside charging solution and has the potential for significant follow-on orders from this nationwide customer
SAN DIEGO, Oct. 29, 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 that it has received the first order for its BeamSpot™ curbside chargers from a Fortune 500 company in the utility and energy solutions sector. Multiple corporate offices will each install three BeamSpot™ systems for EV charging and street lighting. This announcement comes shortly after last month’s launch of the product, which is part of Beam Global’s line up of renewably energized, grid independent, electric vehicle (EV) charging solutions. The patented BeamSpot™ sustainable curbside charging system is a streetlight replacement that combines solar, wind and utility-generated electricity stored in Beam Global’s proprietary integrated batteries, to provide resiliency, lighting and curbside EV charging.
“This first order demonstrates the marketability of the BeamSpot product,” said Desmond Wheatley, CEO of Beam Global. “This product solves one of the toughest challenges facing the industry today – the need for ubiquitous, sustainable charging at the curb that can be deployed quickly and without major easements, construction or electrical work. We are excited to deliver these initial units to a long-term customer of Beam Global and are confident that our technology will provide significant value, making it an easy choice for them to place additional orders."
The BeamSpot™ curbside EV charging system integrates with existing streetlight electrical infrastructure and combines solar, wind and utility-generated electricity for EV charging. This off-grid-capable system, designed to operate without complex construction or utility upgrades, targets high-demand urban areas such as city centers, residential neighborhoods, parking lots, multi-unit housing and public venues. BeamSpot™ chargers aim to address the challenges of deploying EV infrastructure in dense areas, offering a scalable solution that reduces installation costs and increases resiliency. While there are existing streetlight EV charging solutions on the market, those rely entirely on the streetlight’s electrical circuit which is typically only equipped with enough capacity to power a light. The BeamSpot™ solution combines three sources of electricity in its on-board batteries allowing for a higher capacity EV charge which is largely provided by renewable energy, and which will continue to operate during blackouts and other grid failures. The BeamSpot™ product will also continue to light streets during grid failures, providing an essential disaster preparedness asset to the locations where it is deployed.
To learn more about Beam Global’s sustainable charging solutions 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. Beam Global is headquartered in San Diego, CA with facilities in Chicago, IL and Belgrade and Kraljevo, Serbia. Beam Global 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.
FAQ
What is the BeamSpot™ curbside EV charging system by Beam Global (BEEM)?
Who placed the first order for Beam Global's (BEEM) BeamSpot™ chargers?
How does BeamSpot™ differ from traditional streetlight EV charging solutions?
