Beam Global Secures First Sponsorship Deal with Globos Osiguranje to Deploy EV ARC™ Systems at Belgrade Airport
Beam Global (BEEM) has announced its first sponsorship deal with Globos Osiguranje to deploy five EV ARC™ solar-powered charging stations at Belgrade Nikola Tesla Airport. This three-way partnership, including VINCI Airports, marks Beam's entry into an owner-operator business model, generating recurring revenue through long-term sponsorship payments. The charging stations, located in the P1 Prime car park nearest to the terminal, provide free public EV charging without utility costs or construction requirements. This model enables Beam to secure favorable economic terms on parking spaces while maintaining ownership of the systems, creating a sustainable revenue stream without typical operating costs.
Beam Global (BEEM) ha annunciato il suo primo accordo di sponsorizzazione con Globos Osiguranje per installare cinque stazioni di ricarica solari EV ARC™ presso l'Aeroporto Nikola Tesla di Belgrado. Questa partnership a tre vie, che include anche VINCI Airports, segna l'ingresso di Beam in un modello di business di proprietario-operatore, generando ricavi ricorrenti attraverso pagamenti di sponsorizzazione a lungo termine. Le stazioni di ricarica, situate nel parcheggio P1 Prime, il più vicino al terminal, offrono ricarica pubblica gratuita per veicoli elettrici senza costi di utenza o requisiti di costruzione. Questo modello consente a Beam di assicurarsi condizioni economiche favorevoli sui posti auto, mantenendo la proprietà dei sistemi e creando un flusso di entrate sostenibile senza i tipici costi operativi.
Beam Global (BEEM) ha anunciado su primer acuerdo de patrocinio con Globos Osiguranje para desplegar cinco estaciones de carga solares EV ARC™ en el Aeropuerto Nikola Tesla de Belgrado. Esta asociación de tres vías, que incluye a VINCI Airports, marca la entrada de Beam en un modelo de negocio de propietario-operador, generando ingresos recurrentes a través de pagos de patrocinio a largo plazo. Las estaciones de carga, ubicadas en el aparcamiento P1 Prime más cercano a la terminal, ofrecen carga pública gratuita de vehículos eléctricos sin costos de servicios públicos ni requisitos de construcción. Este modelo permite a Beam asegurar condiciones económicas favorables en los espacios de estacionamiento, al tiempo que mantiene la propiedad de los sistemas, creando un flujo de ingresos sostenible sin los costos operativos típicos.
비임 글로벌 (BEEM)이 글로버스 오시구란지와 함께 베오그라드 니콜라 테슬라 공항에 다섯 개의 EV ARC™ 태양광 충전소를 배치하는 첫 스폰서십 계약을 발표했습니다. VINCI Airports를 포함한 이 삼자 파트너십은 비임의 소유자-운영자 비즈니스 모델로 진입하는 것을 의미하며, 장기 스폰서십 지급을 통해 반복 수익을 창출합니다. 터미널에서 가장 가까운 P1 프라임 주차장에 위치한 이 충전소는 무료 공공 전기차 충전을 제공하며, 유틸리티 비용이나 건설 요구 사항이 없습니다. 이 모델은 비임이 주차 공간에서 유리한 경제 조건을 확보하면서 시스템의 소유권을 유지하고, 일반적인 운영 비용 없이 지속 가능한 수익 흐름을 창출할 수 있게 해줍니다.
Beam Global (BEEM) a annoncé son premier accord de sponsoring avec Globos Osiguranje pour déployer cinq stations de charge solaires EV ARC™ à l'aéroport Nikola Tesla de Belgrade. Ce partenariat à trois, incluant VINCI Airports, marque l'entrée de Beam dans un modèle économique de propriétaire-opérateur, générant des revenus récurrents grâce à des paiements de sponsoring à long terme. Les stations de charge, situées dans le parking P1 Prime, le plus proche du terminal, offrent une recharge publique gratuite pour véhicules électriques sans coûts de services publics ni exigences de construction. Ce modèle permet à Beam de sécuriser des conditions économiques favorables sur les places de stationnement tout en maintenant la propriété des systèmes, créant ainsi un flux de revenus durable sans les coûts d'exploitation habituels.
Beam Global (BEEM) hat sein erstes Sponsoring-Abkommen mit Globos Osiguranje bekannt gegeben, um fünf EV ARC™ solarbetriebene Ladestationen am Flughafen Nikola Tesla in Belgrad einzurichten. Diese Dreipartner-Partnerschaft, einschließlich VINCI Airports, markiert den Eintritt von Beam in ein Eigentümer-Betreiber-Geschäftsmodell, das durch langfristige Sponsoring-Zahlungen wiederkehrende Einnahmen generiert. Die Ladestationen, die sich im P1 Prime-Parkplatz, dem nächstgelegenen zum Terminal, befinden, bieten kostenloses öffentliches Laden von Elektrofahrzeugen ohne Kosten für Versorgungsunternehmen oder Bauanforderungen. Dieses Modell ermöglicht es Beam, vorteilhafte wirtschaftliche Bedingungen für Parkplätze zu sichern, während die Eigentümerschaft der Systeme beibehalten wird, wodurch ein nachhaltiger Einkommensstrom ohne typische Betriebskosten entsteht.
- Secured first sponsorship deal generating long-term recurring revenue
- Established new owner-operator business model with favorable economic terms
- Zero operating costs due to off-grid solar power technology
- Strategic partnership with VINCI Airports opens potential expansion to 70+ airports globally
- None.
Insights
This first-of-its-kind sponsorship deal represents a significant strategic pivot for Beam Global, introducing a new owner-operator business model that could substantially impact their revenue structure. The agreement with Globos Osiguranje for five EV ARC™ systems creates a long-term recurring revenue stream with favorable economics, as the solar-powered nature eliminates typical operational costs like electricity.
The partnership with VINCI Airports, which operates 70+ airports globally, opens substantial expansion opportunities. The zero-construction deployment model is particularly attractive for 24/7 operations like airports, addressing a key market pain point. This could lead to rapid scaling of the sponsorship model across VINCI's network and beyond, potentially transforming Beam's revenue model from one-time sales to predictable recurring income.
The EV ARC™ systems provide free public EV charging and a long-term recurring revenue stream for Beam Global
SAN DIEGO, Nov. 14, 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 first sponsorship deal with Globos Osiguranje, one of Serbia’s premier insurance companies. Under this deal, Globos Osiguranje has sponsored five EV ARC™ solar-powered EV charging stations that are now deployed at Belgrade Nikola Tesla Airport, Serbia's busiest international travel hub, and will provide free public electric vehicle (EV) charging.
In order to facilitate this sponsored Driving on Sunshine initiative, Beam Global previously secured an agreement with Belgrade Airport, part of VINCI Airports, an operator of over 70 airports in 14 nations across the globe, to operate the network in prime locations at Belgrade Nikola Tesla Airport with further cooperation with VINCI Airports to be considered.
This milestone three-way partnership marks Beam Global’s entry into an owner-operator business model, generating income through a long-term annuity stream with recurring payments. By retaining ownership of the EV ARC™ systems, Beam Global secures a steady, predictable revenue stream while delivering sustainable solutions. Globos Osiguranje is uniquely able to provide Driving on Sunshine sponsored EV charging for free to EV owners because EV ARC™ systems do not require utility electricity and do not generate costs for the energy dispensed. Providing the EV charging for free while monetizing the sponsorship significantly lowers administrative costs and risks. The amenity value delivered to site hosts enables Beam Global to receive highly favorable economic terms on the parking spaces in which the EV ARC™ systems are placed. This unique model means that sponsorship payments are not diluted by typical operating costs which might burden companies that do not have Beam Global’s technology advantage.
“I have been describing this sponsorship model for several years. The partnership with Globos Osiguranje at the Belgrade Airport is an exciting milestone for Beam Global as we continue to expand across Europe and it’s very exciting in that it validates the Driving on Sunshine sponsorship model,” said Desmond Wheatley, CEO of Beam Global. “We are delighted to be working with Vinci. Airports represent a tremendous opportunity for sustainable infrastructure solutions but they cannot afford to have their parking lots disrupted by construction and electrical work because they work 365 days a year. With this sponsorship model and our zero construction deployments, we are opening doors for similar engagements in major travel hubs throughout the world. We’re committed to providing clean, reliable off-grid EV charging solutions that not only meet the growing demand for public charging infrastructure but also create a sustainable, recurring revenue stream for Beam with very favorable terms and no disruption for our airport or other partners.”
Five solar-powered EV ARC™ units are now deployed for public EV charging at the Belgrade Airport. Each off-grid unit can charge multiple vehicles at once, making it a resilient and sustainable solution for the airport’s high-traffic environment. The systems are positioned in P1, Prime, the closest car park to the terminal building.
“We are proud to be at the forefront of promoting sustainable energy solutions in Serbia through this sponsorship with Beam Global,” said Siniša Pratljačić, CEO at Globos Osiguranje. “By sponsoring EV ARC™ products at one of Serbia’s most frequented locations, we are taking an important step in our commitment to environmental responsibility and green innovation.”
“We are proud to make Belgrade Airport the first airport in the world to offer free, standalone,
This first-of-its-kind partnership not only enhances Serbia’s green infrastructure but also demonstrates Beam Global’s potential to expand its unique EV charging solutions globally through sponsorship and owner-operator models.
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).
About Globus Osiguranje
Globos Osiguranje, OMR Group member, is the fastest growing insurance company on Serbian market, specialised in the non-life insurance, known for its innovative approach and commitment to customer satisfaction. Over the past three decades, we have rapidly expanded our services and client base, enlarged our portfolio tailored for customer needs and we are leader in promptness in claims handling. We pride ourselves on providing personalized service and building long-lasting relationships. Our customer feedback loop allows us to continuously refine our offerings, ensuring we meet and exceed expectations. With three decades of experience and a reputation for promptness and reliability, Globos Osiguranje is not just a choice for non-life insurance, but truly reliable friend in protecting what matters most to you.
About VINCI Airports
The world’s leading private airport operator, VINCI Airports operates more than 70 airports in 14 countries. Thanks to its expertise as a global integrator, VINCI Airports develops, finances, builds and manages airports by providing its investment capacity and its know-how in optimizing operational performance, modernizing infrastructure and managing their operations and environmental transition. VINCI Airports is the first airport operator to have committed to an international environmental strategy in 2016, to achieve the goal of net zero emissions across its entire network by 2050.
www.vinci-airports.com
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.
Photos accompanying this announcement are available at
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FAQ
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