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Beam Global - BEEM STOCK NEWS

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).

News

Beam Global to Participate in the LD Micro Invitational XIV Conference April 8-9, 2024

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Beam Global to present a corporate update at LD Micro Invitational XIV 2024, with CEO Desmond Wheatley providing insights on sustainable infrastructure solutions for transportation and energy security.
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Beam Global Europe Conducts Seminar on Utility Scale Energy Storage: Li-ion Batteries and Financial Models

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Beam Global, a leading provider of sustainable infrastructure solutions, announced an in-depth seminar on emerging technologies and financial models for utility scale energy storage. The seminar, led by CEO Desmond Wheatley and Chief Battery Scientist Dr. Said Al-Hallaj, aims to address the growing demand for energy storage facilities in Europe, particularly in the Balkan region. The company sees significant growth opportunities in the European market following recent contract wins and strong interest in its products. The seminar will cover technical updates on lithium-ion batteries, thermal management, design best practices, and emerging financial models.
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Beam Global Granted U.S. Patent for Wireless / Inductive Electric Vehicle Charging Powered by Renewable Energy

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Beam Global (BEEM) has been granted a new patent by the United States Patent Office for its wireless charging technology, enabling EVs to charge wirelessly without the need for a charging cable. The patented technology, Self-Contained Renewable Inductive Battery Charger, will be integrated into the EV ARC™ system, providing easy and efficient charging solutions for electric vehicles. CEO Desmond Wheatley highlights the convenience and commercial implications of this technology, emphasizing the ease of deployment and operation for fleet managers and consumers.
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Beam Global Receives First European Order for EV ARC™ Solar-Powered EV Charging Systems

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Beam Global secures a $1 million order from the UK Ministry of Defence for sustainable electric vehicle charging systems to be deployed on Cyprus. The order includes ten EV ARC™ charging systems and one ARC Mobility™ trailer to support the electrification of transportation. This marks Beam Global's entry into the European market with a significant milestone in the sustainable infrastructure sector.
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Beam Global Announces First European Government Supplier Agreement

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Beam Global has been named a supplier on the UK's Crown Commercial Service (CCS) Spark Dynamic Purchasing System (DPS), highlighting its commitment to sustainable infrastructure solutions for electrification. The company's solar-powered EV ARC™ EV charging infrastructure products offer off-grid capabilities, clean electricity generation, and emergency power options, aligning with the UK government's zero-emission vehicle goals. This strategic move signifies Beam Global's expansion into the European market and potential growth opportunities in a region focused on sustainability and renewable energy.
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City of Richmond in California Selects Beam Global EV ARC™ Product to Power Car Share Program in Underserved Community

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Beam Global (BEEM) partners with the City of Richmond in California to provide sustainable electric vehicle charging solutions for underserved communities through the EV ARC™ system. The initiative aims to offer clean and reliable transportation options, benefitting community members while reducing environmental impact and promoting disaster preparedness.
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Beam Global Granted European Patent for Thermal Management Technology that Makes Lithium-ion Batteries Safer

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Beam Global (BEEM) secures a new patent from the European Patent Office for its smart battery management system, enhancing battery safety through Thermal State of Charge Estimation of Phase Change Material (PCM). The company's focus on innovation and safety in battery technology is evident through multiple patents globally, positioning them as a leader in the electrification of transportation and energy security.
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Beam Global to Present at the Baird 2024 Vehicle Technology & Mobility Conference

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Beam Global, a sustainable infrastructure solutions provider, will present a corporate update at the Baird 2024 Vehicle Technology & Mobility Conference. CEO Desmond Wheatley will discuss the company's progress in electrifying transportation and enhancing energy security.
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Beam Global Announces New Federal Customers Placed First-Time Orders for EV ARC Solar-Powered EV Charging Systems

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Beam Global (BEEM) announces expansion of federal customer base with first-time orders for EV ARC™ systems through GSA contracts. The solar-powered infrastructure solutions aim to reduce costs for federal government while enhancing energy resiliency and disaster preparedness.
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Ten Beam Global EV ARC™ Systems Deployed by County of San Diego

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Beam Global (BEEM) announced the deployment of 10 Beam EV ARC™ sustainable off-grid charging systems at public parks for public charging and county locations for fleet charging in San Diego. The systems are off-grid and powered 100% by renewable energy, offering a turnkey sustainable charging solution. The repeat purchase was made through the GSA MAS Contract Number 47QSWA21D0006, simplifying the federal procurement process and ensuring best pricing. The systems are flood resistant to 9.5’ and wind-rated to 160 mph for disaster preparedness. This expansion reflects the increasing importance of disaster preparedness and energy resiliency for government entities.
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FAQ

What is the current stock price of Beam Global (BEEM)?

The current stock price of Beam Global (BEEM) is $2.83 as of December 24, 2024.

What is the market cap of Beam Global (BEEM)?

The market cap of Beam Global (BEEM) is approximately 41.8M.

What does Beam Global specialize in?

Beam Global specializes in renewably energized products for electric vehicle (EV) charging, outdoor media, and energy security.

What are Beam Global’s core products?

Beam Global’s core products include the patented EV ARC™ and Solar Tree® lines, enhanced with BeamTrak™ solar tracking and ARC Technology™ energy storage.

Has Beam Global received any recent patents?

Yes, Beam Global recently received Patent No. US 11,912,144 B2 for its wireless/inductive EV ARC™ technology.

Where is Beam Global headquartered?

Beam Global is headquartered in San Diego, California.

What recent achievements has Beam Global made?

Beam Global reported record revenues in 2023, expanded into Europe, and received significant contracts, including one from the British Army.

How does Beam Global’s technology benefit during disasters?

Beam Global’s products can provide vital electricity during emergencies, making them essential for disaster preparedness.

Where can I find more information about Beam Global?

You can visit Beam Global's official website at BeamForAll.com and follow them on LinkedIn, YouTube, and X (formerly Twitter).

What is the significance of Beam Global’s EV ARC™ products?

The EV ARC™ products are designed to provide off-grid, solar-powered EV charging solutions, eliminating the need for costly grid-tied infrastructure.

What are the financial highlights of Beam Global for 2023?

Beam Global reported record revenues of $67.4 million for 2023, marking a 206% increase over 2022.

What are Beam Global’s future plans?

Beam Global plans to continue its geographic expansion, enhance its product lines, and invest in new technologies to maintain its leadership in sustainable infrastructure.

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BEEM Rankings

#4981 Ranked by Market Cap
N/A Ranked by Dividends

BEEM Stock Data

41.81M
13.71M
7.29%
17.7%
9.06%
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