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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.
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Beam Global (Nasdaq: BEEM, BEEMW) has received repeat orders from multiple federal agencies for its solar-powered EV ARC™ EV charging infrastructure products, expanding its footprint among existing federal customers. The company's off-grid charging systems generate and store their own electricity, reducing costs and providing energy resiliency during blackouts and emergencies. The federal government's goal of having 25% of EV charging infrastructure be off-grid and powered by 100% renewable energy aligns with Beam Global's offerings. President Biden's Executive Order 14057 prioritizes zero-emission vehicle acquisitions, further driving the demand for clean energy solutions like those offered by Beam Global.
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Beam Global (Nasdaq: BEEM, BEEMW) has appointed Lisa Potok as its chief financial officer. Ms. Potok brings 25+ years of financial and operational experience from companies with revenues in the hundreds of millions and billions of dollars. She has a successful track record in managing public offerings, acquisitions, and strategic initiatives. Beam Global's revenues have grown by almost 300% in the past year, and its expansion into Europe makes Ms. Potok's international experience vital for the company's future. She succeeds Kathy McDermott, who has been with Beam Global since 2019 and will continue to support the company through the end of 2023.
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Beam Global (Nasdaq: BEEM, BEEMW) welcomes Judy Krandel as an independent board member and Chair of the Audit Committee. With over 20 years of experience in asset management and financial leadership, Ms. Krandel brings valuable expertise in strategic planning, capital allocation, and M&A. She holds a Bachelor of Science in Finance from the Wharton School and a Master of Business Administration from the University of Chicago Booth School of Business.
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Beam Global (Nasdaq: BEEM, BEEMW) announced orders from the California Department of General Services for EV ARC™ systems, further expanding its footprint in the leading US market. The solar-powered EV ARC™ charging infrastructure products are off-grid, generate and store their own electricity, and are deployed with no electrical work, no construction, and no utility bill, reducing California’s costs through avoided construction, electrical upgrades, operational disruptions, and ongoing utility bills. The company sees California as an excellent proxy for its growth in Europe, where the needs for sustainable EV charging infrastructure are arguably greater.
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Beam Global (BEEM, BEEMW) has been granted a new patent by the European Patent Office for its EV Standard™ product, combining solar, wind, and utility-generated electricity to provide street lighting and curbside EV charging. The product offers a clean and inexpensive EV charging solution, reducing the carbon impact and electricity cost. Beam Europe's recent acquisition positions them as a leading manufacturer of streetlights, enabling rapid global deployment of the new product. The EV Standard™ fills a significant gap in the current EV charging infrastructure market, aligning with the exponential growth trends of global EV sales and the urgent demand for on-street charging.
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BEEM: Beam Global Announces Record Q3 2023 Financial Results and European Acquisition
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Beam Global (Nasdaq: BEEM, BEEMW) will report its Third Quarter 2023 operating results on November 14, 2023. A conference call will be held at 8:30 a.m. ET for a financial review and corporate update.
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Beam Global, a leading provider of innovative and sustainable infrastructure solutions, will host a virtual tour of its newly acquired European operations on November 9, 2023. The tour will showcase the new Beam Europe office, engineering, and manufacturing facilities. Beam Europe expands market reach, product development, and manufacturing capacity for the European market. The acquisition of Amiga DOO Kraljevo will increase barriers to entry for future competition and advance Beam Global's position in the green economy. Europe's commitment to zero emissions from new cars and vans by 2035 presents a major growth opportunity for Beam Global.
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Beam Global announces the acquisition of Amiga DOO Kraljevo, marking its entry into the European market. The acquisition is expected to expand market reach, product development, and capacity. Beam Global believes its products are well-suited for the European market due to the EU's focus on zero emission vehicles, green energy, and energy security. The acquisition is also expected to increase barriers to entry for future competition and strengthen Beam Global's position in the green economy.
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Beam Global acquires Amiga to enter European market and expand resources
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FAQ
What is the current stock price of Beam Global Warrant (BEEMW)?
The current stock price of Beam Global Warrant (BEEMW) is $0.0997 as of April 18, 2024.
What is Beam Global known for?
Beam Global is recognized for its sustainable technology innovation, focusing on renewable energy, EV charging infrastructure, media branding, and energy security systems.
What are some of Beam Global's unique products?
Beam Global offers products like the patented EV ARC™ and solar tree® product lines, which can be enhanced with envisiontrak™ solar tracking, arc technology™ energy storage, suncharge™ EV charging stations, and digital advertising packages.
Where is Beam Global headquartered?
Beam Global is headquartered in San Diego, with additional facilities in Chicago, Belgrade, and Kraljevo.
What is Beam Global's focus regarding clean energy and transportation?
Beam Global operates at the intersection of clean energy and transportation, concentrating on sustainable energy infrastructure, rapidly deployable EV charging solutions, secure energy storage, and vital energy security.
What stock exchange is Beam Global listed on?
Beam Global is listed on Nasdaq under the symbol BEEM.
What is the primary goal of Beam Global's products?
The primary goal of Beam Global's products is to provide clean technology solutions that power transportation, offer secure electricity sources, save time and money, and protect the environment.
Beam Global Warrant