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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 Granted European Patent for Thermal Management Technology that Makes Lithium-ion Batteries Safer

Rhea-AI Summary
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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Beam Global CEO Desmond Wheatley to Host Virtual Investor Q&A on February 15, 2024

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Beam Global, a leading provider of sustainable infrastructure solutions, will host a virtual investor town hall meeting with CEO Desmond Wheatley to address questions from investors and the public. The company's stock is listed on Nasdaq under the ticker symbols BEEM and BEEMW.
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Beam Global Receives $1.7M Order from the North Carolina Department of Adult Correction for Sustainable EV Charging Infrastructure Products

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Beam Global, a leader in sustainable infrastructure solutions, has received an order for 19 Beam EV ARC™ sustainable off-grid charging systems and 2 ARC Mobility™ trailers from the North Carolina Department of Adult Correction. These systems are off-grid and powered by renewable energy, making them ideal for disaster preparedness and secure locations. The company's CEO, Desmond Wheatley, highlighted the unique benefits of their products and the increasing demand for electric vehicle charging infrastructure in government and private fleets.
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Beam Global Appoints Former Nuclear Navy Officer as COO

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Beam Global, a leading provider of sustainable infrastructure solutions, announced the appointment of Mark Myers as the new COO. Myers brings over 20 years of experience in lean manufacturing and operations, having previously worked at Thyssenkrupp Automotive, General Atomics, and McKinsey & Co. His role will focus on profitability through process improvement and standardization, with the goal of reducing costs and increasing operating leverage. Myers holds a Master of Science in Executive Leadership, a Master of Science in Engineering Management, and a Bachelor of Science in Naval Architecture and Marine Engineering. His appointment reflects Beam Global's commitment to expanding and refining its manufacturing and operations capabilities.
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Beam Global Receives $4.8M Order from U.S. Department of Homeland Security for Sustainable EV Charging Infrastructure Products

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Beam Global, a leading provider of sustainable infrastructure solutions, announced a significant order from the U.S. Department of Homeland Security for 47 Beam EV ARC™ sustainable off-grid charging systems and 16 ARC Mobility™ trailers. The purchase was made through the General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006, and the charging systems will be deployed to various DHS component agencies across 13 states. The company's off-grid EV ARC™ systems are powered by renewable energy and are designed to provide disaster preparedness for federal fleet EVs and vital electricity for DHS personnel and first responders. The federal fleet's transition to zero-emission vehicles by 2035 is accelerating the adoption of clean and zero-emission vehicles for government fleets, including vehicles of the United States Postal Service.
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Beam Global Receives $7.4M Order from the U.S. Army for 88 Off-Grid EV ARC™ Electric Vehicle Charging Systems

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Beam Global, a leading provider of sustainable infrastructure solutions, announced that the U.S. Army Corps of Engineers, Army Material Command (AMC) has ordered 88 EV ARC™ sustainable off-grid charging systems to be deployed across 21 locations in 16 states. The purchase was made through a GSA Multiple Award Schedule (MAS) Contract, supporting the federal government's goal of 100% zero-emission federal fleet light duty vehicle acquisitions by 2027. The EV ARC™ charging systems will be deployed at AMC locations in 16 states, with more than 70% of the sites receiving multiple systems per location. Beam Global CEO Desmond Wheatley highlighted the importance of energy security and resilience in building out EV charging infrastructure, emphasizing the use of 100% renewable energy. The company aims to create American manufacturing jobs and serve zero-emission transportation with locally generated, renewable, and resilient energy.
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Beam Global CEO Desmond Wheatley Recognized as Business Intelligence Group’s Global Sustainability Hero of the Year

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Beam Global (Nasdaq: BEEM, BEEMW) CEO Desmond Wheatley receives Global Sustainability Hero award from Business Intelligence Group for the company's dedication to sustainable infrastructure solutions for electrification of transportation and energy security. Beam Global is rapidly scaling renewably energized EV charging infrastructure with the EV ARC™ sustainable charging solution, achieving record triple digit percentage year over year growth in 2023.
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FAQ

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

The current stock price of Beam Global (BEEM) is $4.825 as of November 7, 2024.

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

The market cap of Beam Global (BEEM) is approximately 70.9M.

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 Stock Data

70.87M
14.62M
7.77%
18.05%
9.99%
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