Welcome to our dedicated page for Beam Global news (Ticker: BEEM), a resource for investors and traders seeking the latest updates and insights on Beam Global stock.
Beam Global (NASDAQ: BEEM), headquartered in San Diego, is a sustainable technology innovation company specializing in renewably energized products for electric vehicle (EV) charging, outdoor media, and energy security. The company’s core offerings are built on its patented EV ARC™ and Solar Tree® product lines, which are further enhanced with technologies like BeamTrak™ solar tracking, ARC Technology™ energy storage, and SunCharge™ EV charging stations. These solutions are designed to eliminate the need for grid-tied infrastructure, thereby reducing costs and construction disruptions. Notably, Beam Global has recently been granted Patent No. US 11,912,144 B2 by the U.S. Patent Office for its wireless/inductive EV ARC™, which enables EVs to charge wirelessly without the need to plug in a charging cable.
Beam Global is actively involved in several groundbreaking projects and has achieved significant milestones. The company’s products are not only convenient but also essential in disaster preparedness, as they can provide vital electricity during emergencies. The Federal Government has recognized the value of Beam's solutions, evidenced by the deployment of EV ARC™ systems, which reduce costs through avoided construction and operational disruptions.
The company’s financial condition is robust, with record revenues reported in 2023 and continued growth into 2024. Beam Global recently expanded into Europe through the acquisition of Amiga DOO, marking a significant geographic expansion. This move has already resulted in substantial contract awards, including a major order from the British Army.
Beam Global’s operations are spread across the U.S. and Europe, with facilities in Chicago, Belgrade, and Kraljevo. The company is focused on scaling up its EV charging solutions, energy storage, and vital energy security products. With a strong patent portfolio and ongoing innovations, Beam Global is well-positioned to lead in the clean technology sector.
For more information, visit BeamForAll.com, and follow the company on LinkedIn, YouTube, and X (formerly Twitter).
Beam Global announced the deployment of four EV ARC™ solar-powered EV charging systems by the City of San José, California, aimed at enhancing the city's fleet of electric vehicles. The systems, procured via the California Department of General Services, generate and store clean electricity, ensuring power availability during adverse conditions. One system will be showcased at the Fleet Forward Conference from November 10-12. Beam Global emphasizes the cost-effectiveness and sustainability of its solutions while aligning with California’s environmental goals.
Beam Global, a leader in sustainable technology for electric vehicle (EV) charging, will release its Fiscal Q3 2021 financial results on November 11, 2021, after market close. A conference call is scheduled for 4:30 p.m. ET to discuss these results and corporate developments, followed by a Q&A session. Investors can pre-register for the call via the provided link. Beam Global specializes in patented EV charging solutions and energy security technology, emphasizing its commitment to innovation and sustainability in the EV sector. The company is listed on Nasdaq under symbols BEEM and BEEMW.
Beam Global (Nasdaq: BEEM, BEEMW) announced the deployment of its EV ARC™ solar-powered EV charging system by the Leon County Sheriff’s Office in Florida. This installation, part of a statewide contract with the Florida Sheriff's Association, allows EV charging without utility connections, promoting energy resilience. The system can be easily deployed and moved, providing long-term savings and supporting sustainability initiatives. The contract extends through September 30, 2023, highlighting Beam’s leadership in sustainable EV infrastructure.
Beam Global has been added to the California Electric Vehicle Infrastructure Project (CALeVIP), enhancing its presence in the EV charging market. This program, funded by the California Energy Commission, aims to improve EV charging infrastructure across the state. Four Beam products have been included on the CALeVIP Eligible Equipment List, enabling easier access to off-grid charging solutions. With $149 million funding available, the CALeVIP program underscores Beam Global's role in addressing regional EV infrastructure needs and supports California's climate goals.
Beam Global has announced the purchase of fifteen EV ARC™ solar-powered EV charging systems by the California DMV for public use. This purchase, made through the California DGS Contract, aims to enhance accessibility for EV owners while conducting DMV business. Each system generates clean electricity to power two Enel X JuiceBox® Pro stations and includes a panel for emergency use during blackouts. The initiative aligns with California's goal to deploy 1.2 million EV chargers by 2030.
Governor Gavin Newsom's recent climate bill allocates $4 billion for EV infrastructure, further supporting Beam Global's sustainable technologies.
Beam Global (Nasdaq: BEEM, BEEMW) reports a record backlog of over $7M in purchase orders for its EV ARC™ and other products. This backlog indicates unprecedented near-term revenue potential, surpassing any prior full year. The company’s sales pipeline grew from $50M to over $75M in Q3, reflecting increased government and corporate demand for EV infrastructure. CEO Desmond Wheatley highlights the company's zero debt and strong cash position, further enhancing growth prospects amid rising EV adoption and government initiatives aimed at boosting electric vehicle fleets.
Beam Global, a leader in sustainable technology for electric vehicle (EV) charging, will present at the 14th annual LD Micro Main Event on October 12, 2021, at 3:00 PM ET in Los Angeles. CEO Desmond Wheatley will lead the presentation, celebrating a return to in-person events after nearly two years. The event features around 150 companies over three days, showcasing innovative technology and investment opportunities. Beam Global is listed on Nasdaq under BEEM and BEEMW and specializes in off-grid solutions for EV charging.
Beam Global (Nasdaq: BEEM, BEEMW) announced a significant order from the U.S. Marine Corps for 21 solar-powered EV ARC™ charging systems. These units will be deployed across 14 bases in the continental U.S. and Hawaii, enhancing the Marine Corps' electric vehicle charging capabilities in alignment with Executive Order 14008 aimed at addressing the climate crisis. The EV ARC systems are off-grid, renewable energy sources that can operate during emergencies, ensuring energy resiliency. This contract further solidifies Beam’s position in the sustainable technology market.
Beam Global (Nasdaq: BEEM, BEEMW) announces the deployment of its solar-powered EV ARC™ system in Torrance, California, to charge the City’s transit fleet EVs. The system operates independently of the utility grid, facilitating significant long-term cost savings and eliminating the need for construction projects. Beam’s CEO noted a rise in orders from U.S. cities adapting to electric vehicles. Additionally, California plans to install 1.2 million public EV chargers by 2030, supported by $4 billion funding for charging infrastructure.
Beam Global will showcase its EV ARC™ sustainable EV charging system at The Utility Expo in Louisville, Kentucky from September 28-30, 2021. This solar-powered system generates clean electricity for charging compact electric machines without the need for utility connections. The demonstration aims to attract contractors and utility professionals addressing noise and emissions concerns on job sites. With a backdrop of a $1 trillion infrastructure package, including $7.5 billion dedicated to EV charging, Beam's innovations position it favorably in the growing market for sustainable energy solutions.
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