Beam Global Announces Smart Cities Infrastructure Sales in Romania, Croatia, Bosnia and Herzegovina, and Serbia
Beam Global (Nasdaq: BEEM) reported a strong start to 2026 with over USD $1 million in smart cities infrastructure sales booked within a single week across Romania, Croatia, Bosnia and Herzegovina, and Serbia.
Rhea-AI Summary
Beam Global (Nasdaq: BEEM) reported a strong start to 2026 with over USD $1 million in smart cities infrastructure sales booked within a single week across Romania, Croatia, Bosnia and Herzegovina, and Serbia.
Orders cover public lighting, telecommunication towers, traffic portals and railway-support infrastructure, reflecting contribution from recent European acquisitions and the company’s push to diversify product lines and expand internationally.
Positive
- Over $1M in smart cities sales booked within one week
- Multicountry orders across Romania, Croatia, Bosnia and Herzegovina, Serbia
- Product diversification with lighting, towers, traffic portals, railway solutions
- European acquisitions contributing identifiable new opportunities
Negative
- None.
Details
News Market Reaction – BEEM
In the Feb 12 session, BEEM declined 2.76%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Balkans smart-city sales
- over USD $1 million
- Smart cities infrastructure sales generated within a single week in the Balkans
- Smart cities market size
- USD $408.4 billion
- Projected size of European smart cities sector by 2030
- Q3 2025 revenue
- $5,788 thousand
- Quarterly revenue, down from $11,482 thousand a year earlier
- Q3 2025 net loss
- $4,870 thousand
- Net loss for Q3 2025 versus prior-year net income
- Goodwill impairment
- $10,780 thousand
- Goodwill impairment recorded in Q1 within nine‑month 2025 results
- Cash balance
- $3,348 thousand
- Cash reported in Q3 2025 10-Q filing
Historical Context
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European patent granted for Smart PCC™ battery thermal management technology.
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Largest residential sale of ten EV ARC™ systems to New York development.
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Preliminary Q4 2025 revenue grew over 50% versus prior quarter.
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New Jersey Treasury purchased multiple EV ARC™ systems via GSA contract.
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Seven EV ARC™ systems deployed in Fresno to support fleet electrification.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN DIEGO, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, today announced a strong start to 2026 with over USD
These results reflect continued demand for the Company’s smart cities infrastructure portfolio and demonstrate progress in executing Beam Global’s strategy to diversify its product offerings and expand internationally.
“Our European acquisitions continue to contribute new opportunities for growth and expansion both from a product and geography point of view,” said Desmond Wheatley, CEO of Beam Global. “Strong weekly sales coming from smart cities infrastructure, an industry we are actively focusing on as part of our broader diversification strategy, show that our product developments are on target. This strong start to 2026 validates our decision to expand geographically and invest in bringing innovative products to established infrastructure markets with long-term demand.”
These latest orders include infrastructure solutions supporting railway operations in Croatia, advanced traffic portals in Romania, public lighting systems in Bosnia and Herzegovina, and telecommunication towers in Serbia. Beam Global continues to build its presence in the European smart cities sector, a market projected to reach USD
About Beam Global
Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage, energy security and smart city Infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean 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 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.com, LinkedIn, YouTube, Instagram and X.
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
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+1 858-327-9123
Press@BeamForAll.com
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