Beam (BEEM)
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Beam Global and HEVO Inc. Launch Market-Ready Autonomous Charging Platform for Autonomous Vehicles
Globenewswire· 2026-02-24 13:10
Core Insights - Beam Global and HEVO Inc. have launched an integrated autonomous wireless charging system for electric vehicles, utilizing Beam's solar-powered EV ARC™ infrastructure and HEVO's Rezonant™ wireless charging technology, aimed at the autonomous vehicle sector and commercial electric vehicle fleets [1][2][3] Group 1: Technology and Product Offering - The integrated solution combines HEVO's wireless charging hardware and software with Beam's off-grid EV ARC™ systems, enabling automated charging without the need for human intervention [2][5] - The system is designed for rapid deployment and is already generating interest from various sectors, including AV operators and government agencies in the U.S. and UAE [1][3][6] - Key features include hands-free charging, compatibility with any AV or EV, and significant cost reductions by avoiding construction and utility connections [10] Group 2: Market Context and Growth Potential - The U.S. policy environment is becoming more favorable for AV deployment, with support from the Trump administration for streamlined permitting and reduced regulatory barriers [4] - The UAE's AV market is projected to reach approximately $2.7 billion by 2030, with a compound annual growth rate of 19.2% from 2025 to 2030, indicating strong demand for scalable AV charging solutions [4] Group 3: Strategic Collaboration and Future Plans - Beam Global and HEVO are advancing commercial rollouts and will conduct joint demonstrations to showcase the capabilities of their integrated platform [3][6] - The collaboration aligns with both companies' global growth strategies and aims to enhance the adoption of autonomous mobility solutions [5][6]
Beam Global Battery Technology Selected to Power Drones Supporting Life Saving Applications
Globenewswire· 2026-02-18 12:52
Core Insights - Beam Global has received a significant order for its patented battery products from a drone company, which will be delivered in 2026, enhancing its position in the unmanned aerial systems market [1][2] Group 1: Company Developments - The order is expected to create opportunities for additional battery supply programs, leveraging Beam Global's patented PCC™ technology that offers more power in a smaller, lighter battery, suitable for drone applications [2] - Beam Global's CEO highlighted the company's supply of batteries for various platforms, including undersea and aerial drones, and terrestrial robots, emphasizing the importance of energy density and safety in their products [3] - The company is positioned to capitalize on the projected growth of the global eVTOL aircraft market, which is expected to reach $28.6 billion by 2030, driven by advancements in battery technologies [3] Group 2: Industry Context - The demand for energy storage solutions in the drone sector is increasing, with Beam Global's lightweight and energy-dense battery solutions supporting both eVTOL and fixed-wing drone platforms [2][3] - The company operates at the intersection of clean energy and transportation, focusing on sustainable energy infrastructure and scalable EV charging solutions, which aligns with the growing trends in clean technology [4]
Beam Global Announces Smart Cities Infrastructure Sales in Romania, Croatia, Bosnia and Herzegovina, and Serbia
Globenewswire· 2026-02-12 13:12
Core Insights - Beam Global reported over USD $1 million in smart cities infrastructure sales within a single week in the Balkans, indicating a strong start to 2026 [1][2] - The company is focusing on diversifying its product offerings and expanding internationally, particularly in the smart cities infrastructure sector [2][3] Sales Performance - The recent sales include public lighting systems, telecommunication towers, and transportation-supporting solutions across Romania, Croatia, Bosnia and Herzegovina, and Serbia [1][3] - Beam Global's infrastructure solutions also support railway operations in Croatia and advanced traffic portals in Romania [3] Market Outlook - The European smart cities sector is projected to reach USD $408.4 billion by 2030, highlighting significant growth potential for Beam Global [3] Company Strategy - The CEO emphasized that the strong sales performance validates the company's decision to expand geographically and invest in innovative products for established infrastructure markets [3] - Beam Global aims to build its presence in the European smart cities sector as part of its broader diversification strategy [3] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating in the U.S., Europe, and the Middle East [4] - The company develops and manufactures solutions that power transportation, provide secure electricity sources, and enable smart city services [4]
Beam Global (BEEM) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2026-02-04 15:56
Core Viewpoint - Beam Global (BEEM) has shown a downtrend recently, losing 14.9% over the past week, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, with selling pressure likely subsiding, which could lead to a bullish trend for the stock [2][5]. - A hammer pattern forms when there is a small difference between opening and closing prices, with a long lower wick, suggesting that bears may be losing control [4][5]. - This pattern can occur across various timeframes and is utilized by both short-term and long-term investors [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for BEEM, which is a bullish indicator, as it typically correlates with price appreciation [7]. - The consensus EPS estimate for BEEM has increased by 44.7% over the last 30 days, indicating strong agreement among analysts regarding improved earnings potential [8]. - BEEM holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which historically outperforms the market [9][10].
Beam Global Granted European Patent for Smart Battery Thermal Management Technology
Globenewswire· 2026-01-29 14:12
Core Insights - Beam Global has been granted a new patent by the European Patent Office for its Smart Phase Change Composite (PCC™) material, which is designed for Lithium-ion batteries [1][2] - The patent enhances Beam Global's intellectual property protection in Europe, supporting its strategy for geographic expansion and customer diversification [2] - The Smart PCC™ material functions as an intelligent thermal switch, improving battery safety, reliability, performance, and lifespan in extreme conditions [3][4] Group 1 - The new European patent expands upon Beam Global's existing U.S. Patent No. 12,422,195, reinforcing its competitive position in key markets [2] - The Smart PCC™ material accommodates the natural expansion and contraction of phase change composites, enhancing battery performance in harsh environments [4] - Beam Global's battery solutions are utilized in advanced technologies such as robotics, drones, AI devices, and electric mobility platforms, which often operate in challenging conditions [4] Group 2 - The CEO of Beam Global emphasized the importance of defending the company's competitive advantage in Europe, highlighting the market's significance for their products [4] - Beam Global operates at the intersection of clean energy and transportation, focusing on sustainable energy infrastructure and scalable EV charging solutions [5] - The company has a global presence with operations in the U.S., Europe, and the Middle East, and is listed on Nasdaq under the symbol BEEM [5]
Beam Global Announces Largest Residential Sale of EV ARC™ Systems
Globenewswire· 2026-01-21 13:38
Core Insights - Beam Global announced the sale of ten EV ARC™ off-grid electric vehicle charging systems at a new residential development in New York, marking its largest sale of such systems into a residential setting to date [1][2] Group 1: Sales and Market Demand - The sale reflects strong customer diversification achieved during 2025, with increasing demand from commercial customers beyond the federal government [1] - The EV ARC™ systems provide on-site EV charging without the need for construction, trenching, electrical upgrades, or utility coordination, addressing challenges in deploying conventional EV charging in dense urban environments [2][4] - The systems generate and store their own renewable electricity, allowing for rapid deployment and minimal disruption to existing site designs [2][3] Group 2: Strategic Growth Opportunities - Historically, Beam Global's customer base has been primarily federal, state, and municipal agencies, but there is now growing interest from residential and commercial developers [4] - The U.S. market presents significant growth opportunities, particularly in the tens of millions of apartments and condominiums that have not been aggressively targeted by Beam Global [4] - Research indicates that national property values could increase by approximately $77.3 billion if all vehicles in the U.S. were electric, highlighting the economic benefits of EV adoption in residential settings [4]
Why Should You Consider Adding BEEM Stock to Your Portfolio Now?
ZACKS· 2026-01-19 16:10
Core Insights - Beam Global (BEEM) is a provider of sustainable infrastructure solutions focusing on transportation electrification, energy security, and smart city applications, with a growing international presence and intellectual property development [2] Financial Performance - The company reported a preliminary revenue increase of over 50% sequentially in Q4 2025, marking its best quarterly performance since Q3 2024, driven by new product launches, expanded international operations, and increased sales to commercial customers [3][10] - International markets contributed approximately 50% of Q4 revenues, with non-government commercial customers accounting for about 84% of total revenues, indicating a shift away from a historically federal government-focused customer base [4][10] Product Diversification - Non-EV ARC products generated around 70% of quarterly revenues, showcasing broad-based growth across the company's diversified portfolio rather than reliance on a single product line [4][10] - EV ARC sales have increased in Europe, supporting the company's strategy to introduce patented solutions into major automotive markets [4] Strategic Initiatives - The company launched Beam Middle East, a 50-50 joint venture with the Platinum Group, designed to minimize financial risk during early stages by reimbursing Beam Global for all pre-profit costs from initial profits [6] - The recent acquisition in Europe significantly expanded manufacturing capacity, providing five times the factory space of its U.S. operations and eliminating lease expenses, thus supporting future growth [7] Intellectual Property Development - Beam Global continues to secure new patents that differentiate its batteries and other products from competitors, covering critical elements of proprietary technology expected to deliver long-term value [8]
Beam Global expects to report 50% Q/Q rise in Q4 revenue (BEEM:NASDAQ)
Seeking Alpha· 2026-01-14 12:46
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Beam Global Announces Q4 2025 Revenue Increased Over 50% from Prior Quarter
Globenewswire· 2026-01-14 11:00
Core Insights - Beam Global reported preliminary fourth quarter revenue for 2025, marking the strongest quarterly performance since Q3 2024 [1] - The company experienced over 50% revenue growth from the prior quarter, driven by new products, expanded international activity, and increased sales to commercial customers [2] Revenue Performance - Fourth quarter 2025 revenue increased over 50% from the previous quarter, indicating a strong finish to the year [2] - International sales accounted for approximately 50% of the fourth quarter's revenue, showcasing the benefits of the company's expanding global presence [3] - Non-government commercial revenues represented about 84% of the quarter's revenue, reflecting a shift away from a historically federal government-focused customer base [3] Product Diversification - Non-EV ARC™ products contributed approximately 70% of fourth quarter revenue, highlighting growth across a diversified product portfolio [3] - Sales of EV ARC™ products increased in Europe, validating the company's strategy to penetrate the largest automotive market [3] Strategic Initiatives - The CEO emphasized that Beam Global has transitioned from reliance on U.S. government revenues to a global footprint with a diverse product portfolio [4] - The company introduced new products and expanded international operations in 2025, focusing on non-U.S. federal government customers [4] - The fourth quarter results reflect the cumulative impact of these strategies, with increased sales across various geographies and customer segments [4]
New Jersey Department of the Treasury Purchases Beam Global EV ARC™ Systems Through GSA Contract to Support Resilient Workplace Charging
Globenewswire· 2026-01-08 11:00
Core Insights - Beam Global has secured a contract with the New Jersey Department of the Treasury for multiple EV ARC™ off-grid electric vehicle charging systems, enhancing its presence in the state [1][2][3] Group 1: Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure solutions for electrification of transportation, energy security, and smart city infrastructure [5] - The company operates in the U.S., Europe, and the Middle East, developing and manufacturing advanced clean technology solutions [5] Group 2: Recent Developments - The deployment of EV ARC™ systems marks the third state division in New Jersey to utilize these systems, following the Department of Environmental Protection and the Department of Transportation [2] - These systems provide workplace EV charging and energy security, generating and storing renewable electricity without the need for construction or utility grid connections [2][3] Group 3: Business Impact - The CEO of Beam Global highlighted the efficiency of government agencies using the GSA contract to procure resilient EV charging infrastructure [3] - The off-grid capability of EV ARC™ systems supports continuity of operations during utility outages, reducing infrastructure costs and deployment complexity [3]