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Beam Global and Masdar City Free Zone Sign MOU to Explore Sustainable Energy Infrastructure Opportunities

Beam Global (BEEM) and Beam Middle East signed a Memorandum of Understanding with Masdar City Free Zone to explore integrating Beam’s smart‑energy and clean‑mobility technologies into the Masdar City ecosystem in the UAE.

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Beam Global (BEEM) and Beam Middle East signed a Memorandum of Understanding with Masdar City Free Zone to explore integrating Beam’s smart‑energy and clean‑mobility technologies into the Masdar City ecosystem in the UAE.

The exploratory agreement follows Beam Middle East’s licensing through Masdar City Free Zone and targets sustainable mobility and clean‑energy innovation across the UAE. Beam plans to introduce off‑grid EV charging infrastructure, solar‑integrated e‑bike solutions and other off‑grid energy and e‑mobility systems, which will be evaluated within Masdar City’s Smart and Autonomous Vehicle Industries (SAVI) cluster and aligned with the UAE’s Net Zero by 2050 Strategy.

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News Explained

Beam Global has signed an exploratory MOU with Masdar City Free Zone, but the disclosure establishes neither a completed deployment nor a committed commercial transaction.

Key Terms

memorandum of understanding, off-grid EV charging infrastructure
2 terms
memorandum of understanding regulatory
"signed a Memorandum of Understanding (MOU) to explore opportunities"
A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.
off-grid EV charging infrastructure technical
"including off-grid EV charging infrastructure, solar-integrated e-bike solutions"
Electric vehicle (EV) charging infrastructure that operates independently of the public power grid, using on-site power sources such as solar panels, wind turbines, diesel generators, and battery storage to generate and store electricity for charging. It matters to investors because it changes who pays for and provides power, affects installation and operating costs, enables charging in remote or disaster-prone locations like a standalone fuel pump, and creates different revenue, maintenance and regulatory considerations than grid-connected chargers.

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SAN DIEGO, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Beam Global (Nasdaq: BEEM) and Beam Middle East, leading providers of innovative and sustainable infrastructure solutions for energy storage and security, electrification of mobility, and smart city infrastructure, today announced that Beam Middle East and Masdar City Free Zone have signed a Memorandum of Understanding (MOU) to explore opportunities to incorporate Beam’s smart-energy and clean-mobility technologies into the Masdar City ecosystem. Following Beam Middle East’s licensing through Masdar City Free Zone, this exploratory agreement aims to advance sustainable mobility and clean‑energy innovation across the UAE. This partnership comes at a time when, according to Strategy& (part of the PWC Network) Gulf Cooperation Council (GCC) countries are targeting green investments and economic transformations in the trillion-dollar range.

“Partnering with Masdar City, a global leader in sustainable urban development, is a major milestone for Beam Global as we expand our footprint in the Middle East,” said Desmond Wheatley, CEO of Beam Global. “Our sustainable mobility, energy storage and smart city solutions are engineered to deploy rapidly without grid constraints, making them a perfect fit for Masdar City’s vision of a clean, resilient, and zero-carbon future while prioritizing sustainability in urban infrastructure and transportation.”

As part of this collaboration, Beam Middle East will introduce and supply advanced energy systems for potential application within the ecosystem, including off‑grid EV charging infrastructure, solar‑integrated e‑bike solutions, and other clean‑energy mobility technologies designed to reduce emissions and expand access to sustainable transportation. These solutions align directly with the UAE’s ambition to become a global leader in renewable energy and climate‑positive development.

These technologies fit naturally into the smart mobility ecosystem fostered by Masdar City Free Zone, particularly within the Smart and Autonomous Vehicle Industries (SAVI) cluster. Established at Masdar City to position Abu Dhabi as a leading hub for advanced transportation, the SAVI cluster provides a progressive regulatory framework and green infrastructure designed to accelerate the evaluation and commercialization of smart transit solutions. Operating within this environment, the Free Zone empowers licensed partners like Beam Middle East to explore how off-grid energy and e-mobility systems can support cleaner, more resilient urban infrastructure.     

“For nearly two decades, Masdar City has served as a global benchmark and proven enabler for sustainable urban innovation,” said Dr. Mohamed Al Breiki, Executive Director of Masdar City. “Integrating Beam Global into our Free Zone ecosystem creates a valuable opportunity to explore next-generation mobility and off-grid energy technologies. In alignment with national goals for resilient, high-performance infrastructure, we look forward to evaluating how these innovative solutions can contribute to cleaner, smarter urban environments across the UAE and beyond.”

Mahmoud Al Hosani, Executive Director of Finance and Support Services at Masdar City, added: “Attracting a Nasdaq-listed innovator like Beam Global into the Masdar City Free Zone highlights the strength of our commercial ecosystem and our commitment to providing seamless support services for international clean-tech leaders. By offering a competitive, business-friendly environment backed by robust operational support, we empower high-growth companies to establish a strong regional footprint in Abu Dhabi. We look forward to facilitating Beam Middle East’s growth as we explore sustainable energy solutions within our ecosystem.”

This agreement comes at a time of accelerated climate action across the UAE and the wider region, with countries advancing their commitments under the Paris Agreement and working towards long-term net-zero targets. The UAE’s Net Zero by 2050 Strategy provides a framework for decarbonization across key sectors including power, industry, transport and buildings, creating further opportunities for innovative private-sector solutions. Together, Beam Middle East and Masdar City Free Zone reaffirm their dedication to supporting the UAE’s sustainability agenda and exploring new opportunities fora cleaner, smarter, and more energy‑efficient future for generations to come.

About Beam Global
Beam Global is a sustainable technology innovator that develops and manufactures infrastructure products and technologies. The Company operates at the nexus of innovative and reliable energy, transportation and smart city solutions with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage, energy security and intelligent infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced technology solutions that power transportation, provide secure sources of electricity, enable smart city services, save time and money, and protect the environment. Beam Global is headquartered in San Diego, CA, with facilities in Yuma, AZ; Broadview, IL; Belgrade and Kraljevo, Serbia; and Abu Dhabi, UAE. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit BeamForAll.comLinkedInYouTube, Instagram and X.

About Masdar City
Masdar City is a pioneering sustainable urban community, a world-class business and technology hub, and a “green print” for cities that want to be part of the solution to climate change. With one of the largest clusters of LEED Platinum buildings in the world, we are dedicated to creating a new kind of city, a new way of working and living, and a more sustainable future for everyone. The Masdar City Free Zone is a diverse, innovative, and ambitious group of over 2,000 organizations that benefit from comprehensive business support as well as the city’s rich ecosystem. Tenants include the International Renewable Energy Agency (IRENA), the UAE Space Agency, Siemens Energy, G42, the Advanced Technology Research Council, several Fortune 500 companies, and the Mohamed bin Zayed University of Artificial Intelligence. The Masdar City Free Zone also includes The Catalyst, a clean-tech start-up investor powered by both Masdar City and BP.

Forward-Looking Statements
This Beam Global Press Release may contain forward-looking statements. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. These statements relate to future events or future results of operations. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause Beam Global’s actual results to be materially different from these forward-looking statements. Except to the extent required by law, Beam Global expressly disclaims any obligation to update any forward-looking statements.

Investor Relations
Luke Higgins
+1 858-261-7646
IR@BeamForAll.com

Media Contact
Lisa Potok
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Press@BeamForAll.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/468ab61b-fd5d-406f-920b-ba412876b855

https://www.globenewswire.com/NewsRoom/AttachmentNg/3ba5e43f-5d52-4047-911a-c44f97e30560

https://www.globenewswire.com/NewsRoom/AttachmentNg/ae1aef87-7737-4a47-adc5-64782772431a


FAQ

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What types of Beam Global technologies are being explored under the MOU with Masdar City Free Zone?

Beam Middle East will introduce and supply advanced energy systems for potential use in Masdar City, including off‑grid EV charging infrastructure, solar‑integrated e‑bike solutions, and other clean‑energy mobility technologies designed to reduce emissions and expand access to sustainable transportation.

How does the Masdar City Smart and Autonomous Vehicle Industries (SAVI) cluster relate to this collaboration?

The SAVI cluster at Masdar City provides a progressive regulatory framework and green infrastructure to accelerate evaluation and commercialization of smart transit solutions. Operating within this environment, the Free Zone enables partners such as Beam Middle East to explore how off‑grid energy and e‑mobility systems can support cleaner, more resilient urban infrastructure.

How does this MOU align with the UAE’s national sustainability goals?

The collaboration supports the UAE’s ambition to be a global leader in renewable energy and climate‑positive development and aligns with the country’s Net Zero by 2050 Strategy, which guides decarbonization across sectors including power, industry, transport and buildings.

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