Beam Global Stock Price, News & Analysis

Beam Global (Nasdaq: BEEM) has secured a new U.S. Patent (No. 12,431,549) for its innovative Intelligent Battery Thermal Management (iBTM) system. The technology enables fast charging of lithium-ion batteries in extreme cold conditions through a unique combination of heating elements and proprietary Phase Change Composite (PCC™) material.

The system features intelligent temperature regulation, dynamic charging rate management, and battery health monitoring capabilities. Early testing showed a 10°C temperature increase in under three minutes, allowing for safe rapid charging in ultra-low temperatures. The technology aims to prevent common cold-weather battery degradation issues while improving safety and extending battery lifecycle.

Beam Global (Nasdaq: BEEM) has secured a new U.S. Patent (No. US 12,422,195) for its innovative Phase Change Composite (PCC™) material designed for Lithium-ion batteries. The patented Smart PCC™ technology functions as a thermal switch that provides both insulation and cooling capabilities for batteries in extreme temperature conditions.

The technology enhances battery performance across diverse environments, from freezing conditions in Serbia to desert climates in the Middle East. The Smart PCC™ material is currently implemented in various applications, including drones, robots, medical devices, electric vehicles, and government applications, offering improved battery safety, reliability, and longevity through intelligent thermal regulation.

Beam Global (Nasdaq: BEEM) announced the renewal of its U.S. General Services Administration (GSA) Multiple Award Schedule (MAS) contract through October 31, 2030, with potential extensions to 2040. The contract now includes Cooperative Purchasing under Special Item Number (SIN) 334512, enabling state and local governments to purchase Beam's products directly through the GSA MAS program.

This renewal streamlines procurement processes by allowing eligible agencies to buy from pre-negotiated GSA contracts without lengthy RFP processes. Beam's products, which include sustainable EV charging and energy security solutions, are also designated for Disaster Purchasing status, making them available to educational institutions under specific federal acts.

Beam Global (NASDAQ: BEEM) reported Q2 2025 financial results showing significant growth and operational expansion. Revenue reached $7.1 million, up 12% from Q1 2025, with 60% of revenues coming from commercial customers and 37% from international operations year-to-date.

The company achieved a GAAP gross margin of 20%, a 4-percentage point improvement year-over-year, while reducing operating expenses by $1.2 million. Beam Global formed a strategic 50/50 joint venture in the Middle East, expanded into multiple European markets, and strengthened its Energy Storage Systems (ESS) business with $2.5 million in defense contracts.

The company maintains a strong financial position with $3.4 million in cash, no debt, and an unused $100 million credit line. Current backlog stands at $7 million.

Beam Global (NASDAQ: BEEM), a provider of sustainable infrastructure solutions for transportation electrification and energy security, has scheduled its Q2 2025 earnings release and conference call for August 14, 2025.

The company will release results after market close, followed by a conference call at 4:30 p.m. ET. Management will present financial results, provide corporate updates, and host a Q&A session. Participants can join via toll-free number (1-844-739-3880) or international dial-in (1-412-317-5716), with pre-registration available through a dedicated link.

Beam Global (Nasdaq: BEEM) reported significant growth in its energy storage solutions (ESS) business, with a 21% revenue increase in H1 2025 compared to 2024. The company secured a $2 million purchase order from a major ESS customer, expected to be recognized as revenue by end of 2025.

The company's ESS division growth is driven by repeat orders and the addition of three major new clients, including a Fortune 500 automotive company. Beam's AllCell™ solutions, featuring patented PCC™ technology, offer superior thermal management and safety features. The company is expanding globally into Europe and the Middle East, while diversifying its portfolio across transportation electrification, energy security, and smart cities infrastructure.

Beam Global (Nasdaq: BEEM) has officially established Beam Middle East LLC through a joint venture with Platinum Group LLC in Abu Dhabi, UAE. The new entity will manufacture and sell Beam Global's patented sustainable infrastructure solutions across the Middle East and African regions.

Beam Middle East will be headquartered in Omniah Tower in Masdar City, a sustainable urban community and technology hub. The signing ceremony was attended by key executives including Desmond Wheatley, CEO of Beam Global, and Dr. Ali Nasser Sultan Al Yahbouni Al Daheri, CEO of Platinum Group.

The joint venture aims to provide solutions for transportation electrification, energy storage, energy security, and smart city development, aligning with UAE's goal of achieving net-zero emissions by 2050.

Beam Global (Nasdaq: BEEM) has announced a strategic 50/50 joint venture with Platinum Group UAE to form Beam Middle East LLC. The new entity will manufacture and sell Beam's sustainable infrastructure solutions for transportation electrification across the Middle East and African regions.

The joint venture leverages Platinum Group's high-level government relationships and Beam's clean technology solutions. The partnership targets a regional market where EV growth is projected to reach 1.5 million vehicles by 2030, representing a 66.6% CAGR. The venture includes potential revenue opportunities across multiple product lines, including $516.5 million for EV ARC units and $245.0 million for BeamBike units by 2030.

Beam Middle East will be headquartered in Masdar City, Abu Dhabi, supporting UAE's net-zero goals by 2050.

Beam Global (NASDAQ: BEEM) reported Q1 2025 results with revenues of $6.3 million and a 60% revenue CAGR over trailing 60 months. Commercial revenues increased 41% YoY, with commercial customers now representing 53% of revenue vs 16% in Q1 2024. International sales grew to 25% of revenue compared to 11% last year. The company maintained a positive GAAP gross margin of 8% and adjusted non-GAAP gross margin of 21%. However, BEEM recorded a net loss of $15.5 million, including $12.5 million in non-cash expenses, primarily due to a $10.8 million goodwill impairment. The company remains debt-free with $2.5 million cash on hand and an unused $100 million credit line. Notable achievements include expanded European distribution partnerships, Middle East market entry, and new patent grants for battery technology.