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Beam Global (BEEMW) is a San Diego-based sustainable technology innovation company that specializes in renewable energy-powered electric vehicle (EV) charging, media branding, and energy security systems. The company offers unique and advanced products like the patented EV ARC™ and solar tree® product lines. Beam Global's products can be upgraded with features like envisiontrak™ solar tracking, arc technology™ energy storage, suncharge™ EV charging stations, and digital advertising packages. The company operates with a deep patent portfolio and focuses on developing, manufacturing, and patenting clean technology solutions for transportation, electricity sources, savings, and environmental protection.
Beam Global, a leader in sustainable technology for EV charging, announced the deployment of its EV ARC™ solar-powered charging systems by Construction Art in South Carolina. These systems, designed for Eco Tourism Destinations, generate their own electricity and are resistance-rated for severe weather. Each unit features multiple charging capabilities for different types of EVs. Beam's offerings support zero-emission transportation while minimizing environmental impact. The CEO emphasized the growing demand for renewable energy solutions in commercial properties, enhancing their appeal in a competitive market.
Beam Global will present at the LD Micro Invitational XI on June 8, 2021, at 2:30 PM ET. Recognized as a Top 50 Hall of Fame company, Beam has been selected from over 2000 firms attending the event. CEO Desmond Wheatley will showcase the company's sustainable technology for electric vehicle (EV) charging and energy security. The conference runs from June 8-10, 2021, featuring around 180 companies and keynotes.
Beam's unique solutions are positioned to meet the growing demand in the EV industry, notably with the launch of vehicles like the electric Ford F150 Lightning.
Beam Global (Nasdaq: BEEM, BEEMW) reported a 4% increase in Q1 2021 revenues to $1.37 million, up from $1.32 million year-over-year. The company achieved a record backlog exceeding $5 million and operating capital of $30 million, with no debt.
Significant orders include the California DGS's purchase of 52 EV ARC™ systems and collaborations with Federal agencies. Despite a net loss of $1.25 million, Beam anticipates growing demand for EV charging infrastructure, bolstered by a strong pipeline and expected increases in government spending.
Beam Global, a leader in sustainable technology for EV charging, announced the upcoming release of its Fiscal First Quarter 2021 financial results on May 24, 2021, after market close. A conference call will take place at 4:30 p.m. ET to discuss the results and provide corporate updates. Beam Global's innovative products include the EV ARC™ and Solar Tree® with patented technologies aimed at efficient energy usage. The company is listed on Nasdaq under symbols BEEM and BEEMW, emphasizing its commitment to Made in America solutions.
Beam Global has secured a $4 million order from the California Department of General Services for 52 EV ARC™ solar-powered EV charging systems. This investment aims to bolster energy resilience and disaster preparedness for 12 state agencies. The off-grid systems provide clean power and can function during emergencies. Funded by a California Governor's Office grant, the systems will be delivered within 90 days. CEO Desmond Wheatley noted the order reflects a growing demand for grid-independent EV charging infrastructure. This marks the largest single order in Beam's history, highlighting its expanding role in sustainable energy solutions.
Beam Global (Nasdaq: BEEM, BEEMW) announced the postponement of its Fiscal First Quarter 2021 financial results conference call, initially set for May 13, 2021. This delay is due to the company's independent auditors needing more time to finalize the Quarterly Report on Form 10-Q for the quarter ending March 31, 2021. Beam Global specializes in sustainable technology for electric vehicle (EV) charging and energy solutions, offering products like the EV ARC™ and Solar Tree®.
Beam Global has partnered with a leading entertainment franchise to deploy its EV ARC™ solar-powered EV charging system, providing sustainable energy solutions for film production sites. This innovative system replaces traditional generators, offering clean energy without construction or utility costs. CEO Desmond Wheatley anticipates growth in sustainable film solutions, especially following the Sustainable Production Alliance's carbon emissions report. Beam Global aims to enhance environmental impact in entertainment while promoting its patented technologies, all manufactured in the USA.
Beam Global (Nasdaq: BEEM, BEEMW) announces a fifth order for its EV ARC™ systems from a federal customer, utilizing the GSA Multiple Award Schedule Contract. This marks a significant step in government procurement processes, indicating increased federal investments in electric vehicle infrastructure. The company expects to benefit from rising government initiatives, including President Biden's proposed $174 billion investment in the EV market. Beam Global's products are designed for quick deployment and sustainability, enhancing the company’s competitive edge in the growing EV market.
Beam Global (Nasdaq: BEEM, BEEMW) is set to report its Fiscal First Quarter 2021 financial results on May 13, 2021, after market close. Management will host a conference call at 4:30 p.m. ET to discuss the results and corporate developments. The company specializes in sustainable technology for electric vehicle (EV) charging and outdoor media, including products like the EV ARC™ and Solar Tree®. Beam Global aims to provide innovative, grid-independent solutions that contribute to environmental sustainability.
Beam Global announced the deployment of two EV ARC™ solar-powered charging systems by the City of San Diego to support its fleet of electric vehicles. This initiative aligns with San Diego's Climate Action Plan aiming for 90% zero-emission vehicles by 2035. The EV ARC systems offer scalable and resilient infrastructure, powered entirely by renewable energy, cutting installation costs and time. Mayor Todd Gloria emphasized the program's role in reducing emissions and saving taxpayer dollars. The partnership enhances the city's commitment to sustainable transportation.
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